Discover the best strategies for trading gold in 2024. Learn how to analyze market trends, identify key support and resistance levels, and make informed trading decisions. Whether you're a beginner or an experienced trader, these tips will help you succeed in the gold market.
NYSE:GME 4Hour Chart Bearish case: - 9/21 EMA cross down(9EMA-green, 21EMA-red) -Price made new lower low -Price below Anchored VWAP (Black Color) *If price stay below resistance level market in RED then there is a high probability of price going to $20 next
The USDJPY has experienced bearish pressure due to recent interventions by the Bank of Japan (BoJ), which has been purchasing Yen to stabilise its currency. According to Bloomberg, the BoJ has spent over $62 billion in the past month on these interventions. Despite significant USD strength over the JPY driven by the interest rate differential, the chart shows...
ETH PERPPETUAL TRADE ETH SELL SETUP Currently $3696 Sold at $3697 (Trading plan If ETH go up to $3750 we will add more sell) Expecting target $3653 0R DOWN Incase of early exist will update this anaylsis Its not a Financial Advice
You should be able to understand what I've drawn on the chart, else I'd recommend u not even think about taking the setup
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply/demand zone (low-risk sell/buy zone) spanning from 2333 to 2336 and 2296.5-2294.5. Additionally, a medium-risk sell zone between 2321.5-2324.5, respectively, are highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 2333 to 2336,...
Trade Update: AUD/USD We have some great news on our recent AUD/USD trade! 💲 After analyzing the market conditions and identifying a solid setup, our trade has successfully Hit Take Profit 1 (TP1). This made sure that the majority of our positions have been secured and cashed out some of our gains, allowing us to lock in profits and reduce risk. Following this,...
Trade Update: GBP/USD We have some great news on our recent GBP/USD trade! 💲 After analyzing the market conditions and identifying a solid setup, our trade has successfully Hit Take Profit 1 (TP1). This made sure that the majority of our positions have been secured and cashed out some of our gains, allowing us to lock in profits and reduce risk. Following this,...
The large #memecoins on #Solana Have provided a wealth of opportunities We must appreciate their strength and wonderful gains they have brought people Their is no use crying on the sidelines that your coins aren't pumping When we see what #WIF , #BONK have been doing Keep you core coins that you like but also if you bringing in fresh FIAT into this...
USD/CHF retraces the decline from the start of the month as it rebounds from the former-resistance zone around the February high (0.8886). USD/CHF Rate Outlook USD/CHF may test the monthly high (0.9036) as it initiates a series of higher highs and lows, with a break/close above the 0.9030 (38.2% Fibonacci extension) to 0.9040 (23.6% Fibonacci extension) zone...
📈 Apple's Stock Analysis: Navigating the $180 Zone 📈 As Apple's stock hovers around the $180 mark, we're at a critical juncture with several key factors converging: - The stock is slightly above the rising 200-day EMA, indicating underlying strength. - It's positioned within a significant support zone, which previously served as a formidable resistance level. -...
Monday Monday Cant trust This Monday!!!!! I look for sell short but I dont like the price action!
I waited for price to the high @ 38826.68 or the low @ 38685.83 Price broke the and closed above the higher price with two candlestick. The price is retesting the level and I'll be using a Fibonacci Level tool to go long/bullish.
Monday Monday Cant trust This Monday!!!!! I look for sell short but I dont like the price action!
We are currently sitting in an interesting situation regarding market structure. Two bullish formations have been printed after the price broke out of the current flag formation, only to create one of the shoulders for the H&S formation as depicted in yellow. Two formations intertwined so perfectly is normally a great sign for the direction the formations...
Market Overview: On Friday the 7th of June, Gold fell sharply by over 4%. During the London session we saw headlines that the People's Bank of China (PBOC) paused gold purchases to its reserves in May, ending a massive buying spree that ran for 18 months, according to Bloomberg. Gold dropped just after the headlines were published. China’s central bank has...
GBPNZD has formed bearish divergence which indicates the possibility of trend reversal
FVG playing out right now hammer candle close NXT engulfing candle stick pattern depends if wick rejects previous wick bearish or bullish back to p l a N exit point 11.100 holding long