Light Crude Oil Futures
This week the price of gold reached its highest level since April near 1,955 after a relatively quiet start to the week, but it then had a significant reversal toward the end of the week and closed below the main resistance at 1,900 for the first time in three weeks. After the US data releases the gold made nosedive and next week I think the market will...
Gold, amid the fundamental press releases, is performing a rather strong and unpredictable maneuver, though the fundamentals were also unpredictable Gold is testing the liquidity zone of 1879.4 - 1869.5, and since the trend is still bullish, there is a chance that the price will go up (above 1879.4). If that is the case, the price will open up the upside...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. The last three weeks Silver perfectly tested a quite obvious previous weekly support zone, which was now turned resistance and with this weeks candle the market finally rejected the zone towards the downside. Considering the fact that we are now testing an insanely strong...
Hello,Traders! GOLD is retesting a support Cluster of the horizontal and Rising support lines and while This setup is risky I think That we can expect a Local rebound towards The target above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
GOLD broke and closed below the significant level at 1900 indication trend shift. The market will probably consolidate and create a box. Price action gained bearish momentum, and every pullback is going to be an opportunity to sell if the resistance level holds the price below 1900. ------------------- Share your opinion in the comments and support the idea...
✅CRUDE OIL will soon retest a key support level So I think that the price will make a rebound And go up to retest the supply level above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Despite OPEC cutting its output by an estimated 60 000 barrels per day in January 2023, the price of West Texas Intermediate oil dropped more than 10% from its high of $82.60. This price action follows a series of wild swings within the wide range between $70 and $83. We expect high volatility in the oil market to persist in the first quarter of 2023. Indeed, we...
Why market is entering into short-term bullishness again and latter uncertainty or range? We will do both technical and fundamental analysis in this video tutorial, and we will see how both analyses can affirm each other. Refer to the related video link, I explained at greater length. Or you can always visit my YouTube channel. Content: . Why market is entering...
My Dear Friends , XAUUSD looks like it will make a good move, and here are the details: BIAS: Bearish ENTRY: 1864.61 TARGET: 1827.78 STOP LOSS: 1885.02 ——————————— WISH YOU ALL LUCK
Gold (XAUUSD) has its strongest 1D losses (-2.45%) in 7 months (since July 05 2022/ -2.47%) and managed to break below its 4H MA200 (orange trend-line) for the first time in 3 months (since November 04 2022). Obviously this is a major technical development as the 1D RSI Bearish Divergence that was building up in January, eventually materialized the loss of...
When it comes to the forex market, there are a number of different players that play a role in its overall functioning. From central banks and commercial banks to individual investors and brokers, each one plays a part in keeping the market ticking. In this article, we take a closer look at each of these groups and their role in the forex market. Central banks...
The gold rests on the key support, and a false-break and the retest of the 1870 area could send the price up again. 1) It is a false-break of the strong support at 1870. 2) The retest is formed and if the price does not break through it, there is a chance for growth 3) The price is in the 1902-1870 range 4) There are local resistance levels, which are worth being...
if you followed my last post on gold you can notice price finally closed below my baseline , declined. and hit my support level targets. although I expected from 1940 price will drop however the main key level was closing above or below the baseline on my chart. this is important we have a baseline strategy to manage our trade. now the strategy would be the...
Nasdaq has a rather strong intra day rejection on Friday after the much higher than anticipated Nonfarm Payrolls. This turned the 4H time frame neutral already (RSI = 57.749, MACD = 127.790, ADX = 34.304) but with 1D still bullish buying pull-backs remains the most optimal strategy until a Support breaks. Right now the rejection took place on R1, which as shown...
Hello, Friends! GOLD is trading In way That I predicted previously And now the pair is retesting A hidden bank’s level So I think a bullish move will follow! BUY! ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Based on the technical analysis And the recent minor fundamental news USOIL looks bullish to me overall I think market-makers will be pushing the pair up That is why we are going long! Like and subscribe and comment my ideas if you enjoy them!
Hey Everyone, Please see our updated 1h chart Goldturn support and resistance levels and updated targets. We had a 1000 pip tank last last week from a nice bull run into the resistance structure. Price has now found some support at 1864 Goldturn support structure. 1853 is our weighted Goldturn so a break below this will open the lower levels. However failure to...
After the fall that we were looking for it near the 1950$ resistance zone: now we are looking for a range here and soon after that more fall here is expected. DISCLAIMER: ((trade based on your own decision)) <>