Yesterday we had the Fed's announcement about the CPI index, we saw that this index was 0.3 to 0.4 lower than the previous period. This is the result when the Fed implemented tightening monetary policy in the past. After that, the FOMC meeting announced that interest rates would continue to remain at 5.5%. - This made gold yesterday, after the announcement of CPI...
After completing its motive 1-5 wave pattern upwards, the pair has initiated a correction phase. We are currently observing the development of the C wave in this correction. Upon the completion of this C wave, I anticipate a bullish movement aimed at filling the existing market gap. Once the gap is filled, I expect a reversal, providing a potential sell opportunity.
The chart shows the price movements of gold, with several technical indicators applied: Volume-Weighted Average Price (VWAP): The VWAP lines (current value 2,311.62) help indicate the average price gold has traded at, based on both volume and price. Liquidation Levels: These are marked by red dots, which indicate areas where significant liquidations have...
Professional Analysis of DAX Price Chart The chart provides a historical perspective of the DAX index in EUR from 1980 to 2024, incorporating key technical analysis tools such as Fibonacci retracement and extension levels, trend channels, and volume profiles. Here’s an in-depth professional analysis of the chart: Historical Context and Trend Analysis Long-term...
wave 4 has ended or not??? it maye be come up to 2360 to complete an ABC form...or maye it has already completed wave 4 at 2340.00 price and now we r in wave 1 of bigger 5...wave 1 of bgger 5 has ended at 2296.00 price and in this case we r in wave 2 so ir=t can come up to 2325.00 or 2328.00 and then fall sharply in form of wave 3 of bigger 5!!so any way gold...
its time for selling gold again to catch the wave 5 of bigger 5 downtrend wave...the first target would be around 2250 and even more below...the sec one is 2225.00
We've neglected Gilead Sciences for a while, but it's time for an update. Unfortunately, our entry looking back wasn't ideal, as the stock has fallen below the 61.8% retracement level. It found support just below the 78.6% level, which marks the bottom of our range. This level was precisely touched, and we saw a relatively good movement upward from...
From where we placed the red arrow on the chart, the ACE correction has started. The pattern seems to be a diametric and we are now at the end of wave D. By maintaining the red range, it can enter the E wave. The targets are clear on the chart. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't...
Good Afternoon Traders, Looking for continuation up after the retest expected. Looking for retests of the marked levels lost. Inverted: Have a nice day
Hi guys, XAGUSD finally broke up the long-term triangle in daily time frame and unfortunately didn't reach to our favorite support level. We want to buy it for several months and it is very worthy instead of Gold because of far from all time high. Buy it in pullback on triangle line 24-25.5 . TP 50 final TP 75 SL 20 RR 1:5 Write your opinion here. Be success :-)
ETH is currently holding the support zone, which indicates a positive trend. There may be some rally before the next move up. If you missed the entry earlier, open a long position in the support zone. Support zone: $3,640-$3,720 Resistance zone: $3950-4000
Hi there, In EURUSD we are in a range movement and probably the decreation movement has been finished. but we have two pending position this week: Buy it at 1.072 level TP 1.085 SL is lowest price of previous week Sell it at 1.085-1.086 TP 1.072 SL 1.089 These positions are just for this week. Follow us to get more analysis and signals.
Hi there, We gave you a buy position on yellow metal last week and it hit the SL but analysis and path prediction was correct. Anyway we are watching 2 similar paths on XAUUSD that both of them will finish with breaking the highest top price. 1. The 4th wave of 3rd wave of big ascending wave has been finished and we should buy again in support level such as...
This is one of those calls i hope dont play out cause with dxy indicating higher for longer and rates being held and cuts being reduced to one for the year its clear that next years estimates will be revised as well. Expecting a continuation at the 2nd level if that breaks look like we officially in bear country. Any logical investor will be defensive especially...
While the structure off the October 2023 bottom, is not the most revealing, due to it’s lack of sub-structure, it is a testament to it’s bullish nature.
While the structure off the October 2023 bottom, is not the most revealing, due to it’s lack of sub-structure, it is a testament to it’s bullish nature.
I wuold like share my long terms idea on EURUSD. The cross has broke the channel long after top on 1.115 Probably we are on ABC structure and in a short channel (in red) IF we are in ABC structure probably we will be in wave C final From my point of view we have completed the first and second wave of C and for the next week we can have the final 3 and 5 wave with...