Currently unfolding V Wave On H4 DAX. I'll watch for end of V Wave, I would like to see divergence on RSI and 5Waves with overlap as end of impulsive wave V. If you play longs on lower TFs be carefull for overlaps and watch out for dump on the end of V. Also keep in mind Invalidation levels. More info in Chart
JOEUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...
➡️ GBPUSD is on an upward trend, achieving higher highs in the previous session by surpassing the 1.2500 resistance level. This affirms the ongoing bullish momentum. The current scenario is promising, so stick to your buying strategy, with the target for positions remaining around 1.2580.
Hi Guys, let's see another gold analysis. So as it is obvious price tapped into supply zone and began selling off, in case market keeps dropping there is an imbalance area and below it a demand level which I believe there would be some reaction there. So Monitoring area around 87 is recommended. Should price breached through that level next demand level would be...
➡️Gold prices surged to a three-week high of approximately 2,000 USD per ounce due to a boost from short-selling activities among gold futures traders and discouraging reports on home sales in the US. This upward trend persisted even after the US Federal Reserve (Fed) hinted at maintaining higher interest rates in the immediate future. ➡️In the minutes from the...
World gold prices this morning decreased slightly with spot gold down 8.1 USD to 1,989.6 USD/ounce. Gold futures last traded at 1,991.8 USD/ounce, down 9.8 USD compared to yesterday morning. The precious metals market in the trading session before the Thanksgiving holiday was under slight selling pressure when the latest report showed a surprise improvement in...
OANDA:XAUUSD forms another micro rally on Tuesday. On Wednesday, the price tries to test the high but fails to reach the area amid a strengthening TVC:DXY ahead of the news. Several important news are published today, I am interested in Initial Jobless Claims - as one of the inflation indicators. Analysts expect a slight improvement in this indicator,...
Stock has broken the resistance and the channel breakout and shut above 283. Can buy at 283 and add on dips till 244. Target of 486 in short term.
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....