A trade through $2284 will confirm the chart pattern, shifting momentum to the downside. This will reaffirm the momentum shift, setting up the market for a possible correction into $2230
Hello everyone, it's Brian here. Today, gold prices have stabilized around $2,300. Factors contributing to this stability include positive market sentiment, falling U.S. Treasury yields, and a weaker U.S. dollar. Traders are still digesting remarks from Federal Reserve Chairman Jerome Powell, as well as the central bank's decision to maintain interest rates....
Gold bullish setup, this setup will work fine. But if the equal highs taken before entry point then it might take PDL before go up.
Gold prices clung to the $2,300 mark during the North American trading session on Thursday amid optimistic market sentiment, falling U.S. Treasury yields, and a weaker U.S. dollar. The 4-hour chart reveals that this pair is currently trending below the 34 and 89 EMA, despite a modest rise to $2,323. Technical indicators have rebounded from initial lows but remain...
Gold is on the rise and for those of you who plan to own or already own gold, I don't see you doing badly. And if you think it falls at that point, think again.
Looking very bearish today if we stay under the 2300.23 resistance line, im hoping we do so we can get a good discount buy for long term and a nice short from 2305 to my TP which is 2260. As it is friday, we have 4 red folders being released 1:30pm - 3pm UTC +1, XAU is very volatile around then so be careful. But in the bigger picture we are seeing a bearish up...
On the 4-hour candles, an obvious falling wedge is emerging. Look for buy setups on the lower edge of the wedge and if the price can break the upper limits of the wedge, hold the position until the indicated target.
FX:XAUUSD is forming a range of 2328 - 2295. The market sold off all the excitement formed on the background of Powell's comments yesterday. A bearish market structure is forming on D1. The area of 2328 is keeping the price down and plays the role of a strong key resistance. The bears (sellers) are quite strong and continue to gain momentum. The price is...
Last week, Gold attempted to extend its decline as the USD gained strength following the release of the United States annual core Personal Consumption Expenditure Price Index (PCE) data for March. This data exceeded expectations, with the annual underlying inflation rate accelerating to 2.7% from the projected 2.6%, albeit slower than the 2.8% recorded in...
Gold breaks the rectangular box in downward direction so now its probably go more bearish
nifty fut buy swing treading intraday rsi order block stg
If you would like to be notified whenever I post a new article, just click "FOLLOW" at the top. Also, if you would like to elaborate on a particular topic or need some advice, please comment below the article and I will be happy to help. Are there signs of a recovery in gas prices? Natural Gas Futures - Jun 2024 U.S. reached a one-week high at $2.06/MMBtu in...
Little trade idea. Seems like with the messy price action we have seen over the past couple of days, Equities might be reprimanded with one more trip down below to clarify for participants, does the market want a real rally, or just pump and chop dump fest. Irregularities dominated the price action in many assets I track this past week, but really, NQ has...
Hello everyone, for OIL I'm aiming for a bearish continuation to fill the daily lower FVG.
Preferred direction: SELL Comment: A difficult situation has developed for gold . Here, in view of technical factors, two scenarios are considered, both buy and sell. The most likely scenario №1 still assumes a fall towards the levels of 2200 and 2150 . Scenario № 2 is less likely, but it may turn out that first this particular maneuver will happen on...
WTI is sitting on major support area. On smaller timeframe we can see a lower low here, and if it's going to bounce it should be from there. I expect a reversal pattern today with a continuation of the upside moves next week. Main target from the long $83
sorry for late update... sell already active from yesterday the last zone for sellers is 2309-2315 if gold close this area buying pressure will be there but we got 15 min high confirmation(using my rules) for sell... so we placed a order for sell sell @2304-2308-2310.8 sl 2322 swing entry tp 2302 tp 2286 tp 2200 tp 2160 tp 2050 tp 1970 tp 1840 NOTES:EDUCACTIONAL...
✅CRUDE OIL keeps falling But a rising support line Is ahead so after the Retest we will be expecting A local bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅