Hi, 1PERCENT here. Today I am sharing a chart that I drew a few years ago. Contrary to crypto where we have fast movements of 30% intraday, Bonds, commodities, inflation rates, etc. are "slow movers"... but only in peaceful times. So patience is required for investors who focus on the forest. You were correct, but 10 years early. Now is your time to...
The above strategy is let you understand how support and resistance actually work, i took a life GOLD trade
Trading Plan for Tuesday, April 2nd, 2024 Market Sentiment: Cautious, tactical trading within a range, price discovery in the context of a strong uptrend. Weekly Volatility Risk: High (price discovery in a new zone, potential chop) Supports to Watch: Immediate Supports: 5294, 5286 (major), 5278-80 (major), 5274, 5267 (major), 5262, 5256, 5249, 5243-46...
CME_MINI:NQ1! “The goal of a successful trader is to make the best trades. Money is secondary.” -Alexander Elder As we approach the start of a new trading week I hope that we all are in gr8 spirits! Now I have developed this High Probable Narrative going SHORT on NQ and below I will explain in gr8 detail my reasoning behind the narrative & what I want to see...
Interesting levels on bookmap - 18425 for short - 18380 for long (price just hit that premarket) My levels - 18450 for short? - see how price reactions around 18380 at open for potential long this is for trading in first hour of the open. If we break and close below the 1D 20 SMA on the 1H, could slowly go lower for a little bit.. but expect alot of...
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
Simple trading: M - Pattern "Double top" We look to sell gold for a correction. Gold is respecting the trend, but if the price fails to break above 2265, it could see a possible downside after its massive bullish impulse. When U.S. bond yields rise: - Gold prices might decrease as investors find bonds more attractive due to higher returns.
Watch price at the NY session (9:30am-est)open and let the market play its hand.. once you see the buy setup you can ride it up or wait and ride the wave down..watch the clock...
Trading algorithms have initiated mean-reversion positions in Bitcoin through Futures and other structured derivatives. Despite the clear bullish sentiment in the mid-term and long-term trends, we are observing indications of traditional Elliott Wave patterns in conjunction with a Relative Strength Index (RSI) touching 50 on the Daily chart, signaling a...
Already shared signal chart gold buy hits tp successfully with 110 pips in one day 😀
Already running 100 pips profit in one day Crude oil looking more bullish ... Already shared entry hope you guys used it , if this make correction down take another entry buy
GOLD continues attempts to break through resistance. Low volatility is becoming a harbinger of an exit from uncertainty soon. We expect a pullback to the nearest support. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GOLD #XAUUSD found Resistance at 2265 price level making the bullish movement to find correction,. the war in the middle East is the catalyst for the BULLISH Momentum on the Higher Time frame for a perfect move we have to see some correction at the major Psychological level We are looking at the break of the moving average line for SELL Pressure on the Lower Time
Going over the price Action ES trying to listen to what the market is telling us to do.
Gold has just printed a divergence on 1 hour timeframe with a double top and there is a strong resistance laying on the top indicates us a strong retracement. So with these indications I would go in on a bearish side. Thanks My Positions Sell Stop : 2227 Stop Loss : 2268.70 Take Profit:2187
Gold price trades higher, near all-time highs around $2,260. The precious metal strengthened after breaking above the prior lifetime high of $2,223 on March 21. More upside in the Gold price is possible as it is trading in an unchartered territory. All short-to-long term Exponential Moving Averages (EMAs) are sloping higher, suggesting strong near-term...
Gold price clings to gains even though the upbeat US Manufacturing PMI has improved the appeal for the US Dollar. 10-year US yields rise further as traders pare Fed rate cut expectations for June. The US NFP report will guide the next big move for Gold. Gold price (XAU/USD) trades close to fresh all-time highs near $2,260 in Tuesday’s European session. An improved...