Today is Wednesday April 24, 2024. Its 7:00pm EST and here is the daily projection for tomorrow. Further upside expected on gold after downside retracement.
Spot gold (XAU/USD) is +0.7% higher in US trading despite an earlier spike lower that was fuelled by the latest US GDP report (the first estimate). Trend + AB=CD Support Suggest a Buyers’ Market Technically, the price of gold could be poised to attack higher terrain. The trend, according to the higher timeframes, is unquestionably north after recently...
Today, I went long gold at 2310 and 2305 respectively and made a very good profit. Gold is currently trading around 2329. Judging from the recent trend of gold, gold has repeatedly touched the 2305 position area and quickly recovered, and this area happens to be the dividing line of the upward trend, indicating that although the bullish momentum has weakened...
going over the Overnight and morning session looking for clues as to what the market is telling us and how we should be positioning ourselves. always remember we don't want complainers and whiners in our lives. get them out.
Gold has convergence as it moves into high liquidity zone (Blue zone) along with trend line, a pullback from 2330 is likely but after that we are looking for a rally, especially if the DXY falls. Chris
USOIL bought then consolidated created a false break out to the down side and went up(accumulation, manipulation, distribution, etc.). We still in strong bulls for USOIL FOREXCOM:USOIL FX:USOIL TVC:DXY . This is only a trade idea, use risk management. Happy trading
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold made some recovery on Wednesday after experiencing two consecutive negative sessions at the start of the week, as geopolitical risks subsided. Despite better-than-expected economic data from the United States (US), a strong US Dollar, and higher US Treasury yields, buyers of the precious metal took...
In the current market, gold has maintained a spotlight position as traders navigate through fluctuating CPI data and escalating geopolitical concerns. The precious metal's price has been a bellwether for investor sentiment, balancing inflationary pressures with its traditional role as a safe-haven asset. Technical Take: The chart illustrates a critical juncture...
Gold I believe going to be bearish this upcoming market open IDK am I stupid we will see. :) EIGHTCAP:XAUUSD OANDA:XAUUSD
My count has wave 5 of 5 of primary wave 3 complete, primary wave 4 projected to complete towards October 2022 low of 10484.75. I'm looking at 11806.25 to be support for primary wave 4. Area in orange ellipse ends of being an expanding leading diagonal 1 of 5 of 3.
XAUUSD 25April2024 Just an idea. No body know if it gonna work.
After a brief adjustment, crude oil is expected to resume its upward trend. It is advised to wait for opportune moments to continue taking long positions on crude oil, with upside targets focusing on the $88-90 range. All signals I issued in April have resulted in profits, maintaining a consistent 100% accuracy rate. Weekly profits of at least 200% can be...
Dear Traders, Hope you are doing great, US OIL still has high chances of touching the 90.00 region and beyond. Price made correction after rejecting at 87.00, price dropped to 80.00 from where we think price is likely to continue the bullish momentum. However, it is crucial to keep next week news in mind as well. Good Luck
#GOLD- well guys market perfect moved as per our video analysis, Now on current chart we have 2327 as immediate supporting area for now , Keep close it because further selling will start below that otherwise not.. Good luck Trade wisely
Inverse H&S setup in play for Gold. At the moment it is high basing. Worth keeping an eye out for a CRACK higher. Just a matter of time in my opinion.
New World Capital - Article 4 ( Continuation ) OANDA:XAUUSD Just as expected, Gold went past through the mist around $2,335 and is now in good standing to breakout. The Volume and the liquidity are reflecting the current state of affairs the pair is currently undergoing. Market makers and institutions got filled at the very best price after the first...
INVALIDATION: BEYOND 150% (2353-2354). Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.