US OIL likely bottom around 52 Dollars ... it is almost there... 2.0 retracement around 52 is target expected for US OIL .. The wave chart clearly shows crude oil respected .764 resistance and started correction... now it is almost final move towards 52...
The price is currently at daily support, looking at the market structure, we can see the breakout and retest continuation on H4. I'm going long & targeting the liquidity area above the wick. Trade safe!
As we can see trend on Gold has been changed, Gold has made lower low and lower high. Now gold is on correction zone, and I think this is a correction for Short. weekly candle in Gold is closed Engolfing, this is one of the confirmations that gold should gain some liquidity and continue towards to sell. The most important News of the month are coming, I think...
Gold and silver were sharply lower overnight. While not as violent as last week’s drop, the sell-off has certainly taken the gloss off the positive sentiment which was slowly returning in the latter half of last week. There was some good news early on in that gold traded above $2,300 throughout the morning suggesting that many investors were holding their nerves....
Hello Everyone, WTI remains a favorable long-term investment, as the bullish trend persists. The monthly support framework has demonstrated resilience, indicating a clear upward trajectory ahead. TradeWithTheTrend3344
In the silver chart, according to the recent Federal Reserve data, it can be bearish
After gold fell below the upward structure today, it fluctuated all the way down. It stopped falling and rebounded after hitting around 2311. However, the rebound was relatively weak and it did not even touch the 2320 position. We currently still hold a short position near the 2323 position. Unfortunately, gold only touched near the 2311 position and did not hit...
Hey there on 1htF the Gold has slipped today downside and continue went down so we can now assuming that can retracement area from 2305-2309 touch and then went continue downside 2272 next target
Trade Idea: Short US Oil (WTI Crude Oil) Analysis: Head and Shoulders Pattern: The Head and Shoulders pattern is a classical reversal pattern that typically forms after an uptrend and indicates a potential trend reversal to the downside. In this case, the presence of a Head and Shoulders pattern on US Oil suggests a possible reversal from bullish to bearish...
XAUUSD has maintained a robust bearish trajectory without any discernible divergence noted on the 1-hour timeframe. Notably, recent price action has exhibited the formation of a bearish rectangle pattern, reinforcing the prevailing downtrend. A potential scenario could unfold if the price breaches the 2287.91 level, potentially extending the downward movement...
tention in middle east is aggresively getting stronger. unfortunately monthly candle became very stable to keep the price high. most of commodities and equitites went all time high. So does oil will go for alltime high level of 200 dollar target in end of this year.
Daily live trade with XAUUSD in 15m/30m/1h 20240430
Good day traders, I am sharing my idea for a quick gold short. I am taking this trade based on my double EMA indicators with Stochastic as confirmation. here are the details another trade alert friends XAUUSD sell now @ 2294 tp @ 2290 sl @ 2306 good luck
the momentum keeps firm in shorting ....any pullback to supply denotes a short .... so easy to dissolve , follow for more insights , boost idea, like comment ....thanks ☺️
Silver slide is approaching our first tp we lock profit n hold until target to maximize our profits all the best 👍
The NAT GAS is a historical low prices and shows a really high risk/reward opportunity to buy. Good luck!
Hello friends In the price of gold, we see the formation of a 5-wave bearish pattern. This pattern usually appears in zigzag form and their waveform is 5-3-5. Currently forming wave A, which is 5 waves. Wave B corrects wave A in the form of 3 border waves and usually 61.8. C wave is also (like A wave) 5 waves and is about 100 or 161.8% of A wave. Therefore, we...
Please pay special attention to the accurate trend, colored levels. Be careful BEST MT