Playing this off the bearish order flow with a retrace back to previous day prices of interest. Target is below previous low's. Expecting NQ to melt.
Greetings, Brian here with today's golden update! In a dazzling twist, gold has seen its luster diminish, shedding nearly $20 in just the opening hours of the Asian trading session, currently orbiting the $2308 mark. As the drama in the Middle East simmers down, investors are rushing to capitalize on their gains, leading to a flurry of gold being released back...
Gold has stepped back and corrected, and the price has fallen below the short-term moving average. The current high point is fixed at the 2300 line, and the decline will continue. Pay attention to the 2240 first-line long position, stop loss 2226, and target above 2260. The main trend is still long. For adjustments after the small cycle rise, just follow the main...
Gold opened lower early and then rebounded, but we need to further pay attention to the support of safe-haven gold. If we are long on gold, we will first put it at the next support level, because after all the recent negative adjustments, whether gold will continue to rise to new highs or continue to fall back to lows, the main trend is long. If gold waits for a...
The market of gold fluctuates at high levels. Do not chase long at high levels. Before breaking through new highs, the short-term market will continue to be short. If gold opens in a hurry, it is generally not possible to directly chase the rise. There is a high possibility of falling back after rising high. Gold has been oscillating at a high level for 30...
Keep looking at the pull-up, as long as it falls back, it’s bullish Gold is ready to rise. The big positive line has stabilized the moving average. Even if it falls back, it is still stepping on the moving average. There is no panic. A downward trend in early trading is not a good thing. There will be more positions near 2345.
XAUUSD for stocks to come off the boil And now that the fears are abating it is also providing a good reason for gold to also let out some of the steam Gold made some attempts to top earlier this month but failed to see a daily close above the key level And now price is starting to feel exhausted as it falls back to on the day
Below mentioned points are discussed in my post analysis video(Fast forward to 0:41 for Hindi Audio) -No Trades in the morning -No Volumes in nifty before 10;Vix dropped to 10. -Scalped Sold Nifty At Vwap;Got out at Cost. -How will i trade when market opens tom
The Fib retracement outline shows that we could see a push towards $2,260 next at least before some semblance of support That coming from the Fib retracement level The next key stop after that might be a push towards Xauusd sell now 2295_2300 Tp 2290 Tp 2280 Tp2260 So 2310
Pair : CU - Copper Description : Completed " 1234 " Impulsive Waves Break of Structure Demand Zone Rejection from Ascending Trend Line Fibonacci Level - 50.00%
A price action below 910 supports a bearish trend direction. A price action below 900 supports further downside potential. The stop-loss price is set at 955 (just above its 61.8% Fibonacci retracement level). The profit target is set at 855. Crossing below its 200-day, might initiate a re-rest of its 200-day and then a leg down.
Technical analysis: Hourly 4 chart’s Descending Channel I mentioned on my remarks is still active on the previous Daily chart’s candle as Price-action is headed towards Lower levels (aggressive takedown), as mentioned Targeting the #2,300.80 psychological benchmark extension and strong defensive line Supporting from below, Trading at #2,292.80 (invalidated...
Technical analysis: Hourly 4 chart’s Descending Channel I mentioned on my remarks is still active on the previous Daily chart’s candle as Price-action is headed towards Lower levels (aggressive takedown), as mentioned Targeting the #2,300.80 psychological benchmark extension and strong defensive line Supporting from below, Trading at #2,292.80 (invalidated...
During the session on April 22, gold prices adjusted sharply down after failing to rise above the resistance level at $2,400 and currently the precious metal is trading around the $2,330 threshold. The reason for this partly comes from the easing of tensions in the Middle East, causing demand for shelter assets to weaken. In addition, the strong increase of the...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line Completed " 12345 " Impulsive Waves Demand Zone
So far a rejection from Coonsequent Encouragement of the OB made last weeks, retracement is duable before targetting the Discount zone of the last bullieh months short term--- Bullish long tern ----- bearish
Wait to see use my idea, SNR Gold already break Sell the next way it will make it the domain break for 23-04-2024
GOLD WEEKLY TIMEFRAME - Resistance at $2400 - Weekly FVG present below $2300, waiting for an internal raid lower (Yellow Zone) - Please note the Discount Order Block below the support (Green Zone) - Price took out the internal liquidity and has moved into our FVG (Yellow Zone) - Will look on lower Timeframes for a possible trade during trade session...