Despite the fact that Gold is currently in a long-term bullish trend, there are some bearish signs to consider. Firstly, the pair broke a support trend and closed below it on an hourly time frame. Secondly, the price has formed a descending triangle pattern and is close to breaking below its neckline, indicating a potential sell signal. These two bearish...
you can go long now or wait for creating higher low (blue arrow) and go long - General Trend is Up Trend - NZD is good news - Target 3 is High Monthly Resistance so be patient have fun :)
you can go long now or wait for creating higher low at blue arrow and go long expected target 4 is swing target - General Trend is Up - NZD News is Good - Liquidity is perfect have fun :)
Hello to all our subscribers. Please share your personal opinions in the comments. Also, don't forget to like and subscribe. Although the dollar weakened with expectations of a rate cut following the April CPI announcement in the U.S., the current atmosphere is cooling down. It seems difficult to expect a sharp rise or fall until a new issue emerges. The FOMC...
Just read the chart. We're going to squeeze in a bull flag above the rising channel or maybe drop under it. It's a good time to load in your shorts. Thank you for reading and following, as always. Best in all, dysonring2050
- Technical analysis of the 1hour symmetrical triangle chart pattern for BTCUSD indicates a loss of momentum in both the downtrend and uptrend movements, suggesting a higher probability of a new trend emerging. - An uptrendline drawn from $66,758.35 rejected the price at $69,101.30 after retracing from $71,972.43, with the current price around $69,973.02. - A...
After reaching 2,450 USD/ounce in the previous trading session, today's gold price on the international market has cooled down but not significantly. At 6 a.m. on May 22, the world gold price was trading at 2,422 USD/ounce, down 6 USD compared to the price at the same time the previous day which was 2,428 USD/ounce. Analysts say international gold prices cool...
World gold prices decreased with spot gold down 5.2 USD to 2,420.7 USD/ounce. Gold futures last traded at 2,425.2 USD/ounce, down 4.9 USD compared to yesterday morning. On May 21 (US time), gold was under profit-taking pressure after this precious metal hit an all-time high earlier this week. However, this precious metal still remains firmly above the level of...
World gold prices increased with spot gold increasing by 9.2 USD to 2,425.9 USD/ounce. Gold futures last traded at 2,430.3 USD/ounce, up 12.9 USD compared to yesterday morning. Although the price of the yellow metal inched up slightly compared to yesterday morning, it has dropped sharply compared to the increase during the day. Previously, gold had conquered a...
Waiting to see if we get a rejection from the trend and bullish FVG, FIB for a continuation of trend to the upside.
If you find this information inspiring/helpful, please consider a boost and follow! Bounced off of level, now watching for it for clues on the next move. Right now the impulse are up BOS style. So looking for continuation with the trend, but I will be ready if the trend turns. So watching these IDM for now for clues of a retrace or slow down before the next...
On 4h TF FTM is creating a candle long wick on the support so I think FTM can bounce back from this support, just wait confirmation Time will tell
He has not given any signal in the above time frame! He can collect the stops and then climb. It is better to be under the microscope for now
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Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
BLOCK (formerly Square) has experienced a significant sell-off since its all-time high of $290 in July 2021, dropping to a low of $37. This marked the completion of Wave 2 in its price cycle. Currently, we are observing two critical zones: Must-Buy Zone : Between $33 and $51. Historically, the price has spent minimal but crucial time in this range, indicating...
A stock we previously considered "dead" and seemingly on its last legs is Zoom. Despite its current low standing, it warrants another look. Zoom is currently trading around its lowest level ever, approximately $58 to $59. This is a stark contrast to its all-time high of $588, marking a significant sell-off following the end of the COVID-19 pandemic. Stocks like...
Hello Traders and Investors, today I will take a look at Ethereum . -------- Explanation of my video analysis: 6 years ago, Ethereum started creating a simple rising channel formation, similar to the one which we are seeing on Bitcoin. Furthermore Ethereum retested the previous all time high back in 2022, created bullish confirmation and a rally of + 250%....