This is lines of confluence. With the recent inverse head and shoulders we broke out nicely above the top line of confluence. Pay attention now! We are currently back testing this line. If we hold and do NOT break back into this decending triangle then look for silver to slowly start moving up into the 30 dollar range.
I think MNQ will have a retracement at the beginning of the week to the zone I marked up between monday and tuesday and after that it could be mainly bullish for the rest of the week until hits the upper zone around 18100
XAUUSD Price down for Re-balance @Interbank Order Flow H4 And I think the price need up to External Range Liquidity (BSL) D1 It's have 2 Entry points Enjoy !!!
In this live trading session video,we look at the BRTUSD trade that got recently stopped out for a small loss on the 100k traders challenge account. We also look closely at the drawdown and why this is happening according to the strategy characteristics on both 50% OE and 20% OE strategy. Finally, we explore on what we should do about this by looking at 3...
Gold prices climbed more than $30 on Wednesday as the dollar and U.S. Treasury yields fell after the Federal Reserve's interest rate decision and Chairman Jerome Powell's speech. In addition, due to higher-than-expected inflation in the first three months of this year, this week the Federal Reserve, after keeping interest rates unchanged as scheduled, also...
The Fed's interest rate decision will be held on Wednesday. The market expects that the wording may be hawkish. The rise in the US dollar and US Treasury yields has significantly suppressed gold prices; despite strong safe-haven demand and central bank buying, gold prices have risen for the third consecutive month. It rose 2.8% in April to a record high of...
#US Dollar Analysis: The US dollar surged after breaking out of the symmetrical triangle pattern. Currently, it's encountering resistance at a horizontal level. RSI signals overbought conditions. A rejection seems probable, but a decisive breakout above resistance would confirm bullish sentiment. Remember, it often moves inversely to the crypto...
Gold recorded a slight increase to near $2,230 in Thursday's US trading session, amidst optimistic market sentiment, declining US treasury bond yields, and a weaker US dollar. In the Asian trading session on Friday, the price of gold continued to maintain stability, fluctuating around the $2,300 mark. Based on technical analysis on the 4-hour chart, the Relative...
The XAU/USD (gold/US dollar) pair is exhibiting a descending triangle pattern, indicating a bearish bias in its price movement. This pattern is characterized by a series of lower highs and a horizontal support level, suggesting potential downward pressure on the exchange rate. Furthermore, the crossover of the Exponential Moving Averages (EMAs) 200 and 50...
BANKNIFTY closed below va 1. gapup 49300 long till 49600 2. 49300-48900 trade reversal 3. gapdown 48900 short till 48700
The market is currently in a correction pattern and is reacting to a possible level of structure. Let's see if this the move that we are expecting to move price up. Feel free to share your views
Clear break to the upside then a retest. I see a head and shoulder patter. Then a bullish Engulfing. I take my buy.
Hello traders, I want share with you my opinion about Gold.Looking at the chart, we can see how the price some days ago entered to upward pennant, where it at once rebounded from the support line and made a strong upward impulse to the resistance line, thereby breaking 2285 and 2380 levels. After this movement, Gold turned around and in a short time declined lower...
GOLD is moving in a descending channel above dynamic support. The price has fallen back into the demand zone. We expect the rebound to continue after overcoming the correction level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
RED LINE = Route 1 BLUE LINE = Route 2 GREEN LINE = Route 3 ORANGE LINE = Route 4 Choose 1 path after the news comes out and do it. !!! May everyone be millionaires. !!!! Follow me for encouragement :D
CrudeOil will bounce up at support. The demand has picked up.
If Sustain above 2309.6 then 2324.6 to 2325.9 or 2328.5 to 2331.3 or 2333.6 above this bullish then 2347.1 to 2353.8 If Sustain below 2302.0 then 2286.1 to 2283.0 or 2280.7 to 2278.0 below this bearish then 2263.6 to 2256.9 or 2254.1 below this more bearish Consider some buffer points in above levels. Please do your due diligence before trading or...
Hey team, Hope you are Enjoying our ideas and Analysis, Today we are Monitoring USOIL looking for Buy Update Around 78.79 One More Buy Limit Around 78.41, Once we will Receive any Bullish Conformation the Trade Will be Excuted Good Luck Guys 🤞