Gold price today (November 22), world gold increased sharply compared to the previous session's close, approaching the 2,000 USD/ounce mark. The US Federal Reserve (Fed) has released the minutes of its November monetary policy meeting, causing investors to buy gold when forecasting slow economic growth. The Fed also said that economic growth slowed in other...
KNRCON in Wedge pattern at top trend line check if opportunities comes for Beakout out.
As seen in the chart, we have a symmetrical triangle chart pattern formation on the 4-hour timeframe, suggesting that the price may move higher to test a bearish trendline associated with the chart pattern. Simultaneously, in the lower timeframe, the price is forming a bearish corrective move after a prior bullish impulse on this pair. The price has been...
#EURUSD Continuing to focus exclusively on short positions. The imbalance above remains untouched, and London is forming equal highs with Asia. It's clear they will take it back; the only question is when. Any long positions are invalidated for me at the moment.
➡️The Eurozone's industrial sector faces challenges due to sluggish demand in key global markets. Recent data indicates a decline in eurozone industrial output, exceeding market expectations. The trade surplus, adjusted for seasonal factors, has narrowed from August levels due to a drop in export output. These developments suggest that the Eurozone's economic...
EURUSD has slowed down in the past session, the price has now created a railroad model on the daily, an unfavorable signal for buyers. However, this signal is still quite weak and has not changed the situation. Those with long positions can continue to hold, the target is still around 1.1000. ➡️CALENDAR FOR TODAY : - ECB Financial Stability Review -...
➡️ EURUSD has experienced a rebound, surpassing the earlier peak and establishing a higher one. Significantly, this breakthrough occurred on the daily timeframe, suggesting a strong likelihood of upward movement in the short term. Currently, the primary trading strategy for this currency pair is to monitor and consider buying. ✔️The closest support area is...
On the night of November 20, today's spot gold price on the world market stood around 1,973 USD/ounce. Gold delivered in December on the Comex New York floor was at 1982 USD/ounce. The world gold price on the night of November 20 was about 8.2% higher (149 USD/ounce) compared to the beginning of 2023. World gold tends to continue last week's increase after...
Hi guys, Today price tapped into 91-94 sell side area and it's been selling off ever since, Now there is an imbalance area from 79-74 which has to be resolved. Just below imbalance area there is a demand level should price fall i would expect a reversal from there. If our immediate demand level is broken next level would be 1967. Be honorable
Ape , In number 1297, it broke its downward level and is currently in an upward trend, and in fact, purchase orders have already been accumulated, wait for its amazing rise....
BINANCE:ATAUSDT On daily timeframe: A huge triangle was formed. Tenkansen crossed Kijunsen from below and price is currently above both lines. Volume is increasing. We can try to accumulate little by little here. Do your own risk management. Follow me for more chart analysis. Dont forget to check out my X and other charts. Patience is the...
after cup and handle pattern in daily timeframe we have trend line in 4h that breaked out from it and ready for long position with good risk to reward(at least 3) i puting daily timeframe screenshot in below
➡️ GBPUSD is maintaining its upward momentum, however in the H4 frame it is creating a butterfly pattern The Bearish Butterfly pattern will start with a XA downtrend, then an AB uptrend, a BC downtrend, and finally a CD uptick again. With this move combined with the corresponding ratios and Fibonacci levels according to the above rules, the market expects a...
In the short term, gold still shows a strong bullish trend. At the start of today's session, prices experienced a downward gap, but recovered again as soon as the Asian session market began trading. Gold may continue to rise to record highs this week as well. before creating new trends. The current scalping trend is to sell on entries announced on the chart....
According to my analysis, it progressed and could easily enter a good upward phase.
MY important analysis for this week in gbpusd, look carefully at the areas and save that analysis for later and leave me your opinion, thank you for your support
➡️ On Wednesday, the EUR/USD experienced a decline following a significant bullish breakout in the preceding session. Despite this pullback, the euro continues to exhibit a positive outlook against the US dollar. The exchange rate has recently established a consistent pattern of higher highs and higher lows, presently trading above crucial moving averages, as...
if DOGE breaks this trend it will go down otherwise good potential for long with good RR. Not financial advice. Always do ur own TA