liamsmith

09:53

liamsmith

The Dollar's Pivotal Juncture The Dollar Index (DXY) is currently at a crucial inflection point. While the previous week's close below 98.00 confirmed a bearish scenario, our updated outlook for the upcoming week suggests a potential shift. The DXY is presently trading at 97.2. We are observing the DXY closely to see if it can break above its downward risk...

09:53

liamsmith

The Dollar Index (DXY) currently stands at a critical crossroads, with its weekly close below 98.00 poised to dictate the trajectory of major asset classes for the coming weeks. The DXY closed as a bearish weekly candle at 97.2, confirming the "Bearish Dollar Scenario" as it closed below the 98.00 level. The market sentiment is currently cautious, awaiting clear...

liamsmith Updated 

Anticipating a reversal on gold if we can hold this zone and turn around bullish in structure to keep going for the highs - I will update chart once we at entry - like this post to stay tuned!

liamsmith Updated 

Like this post to stay tuned to more updates that will follow in the comment section below

10:18

liamsmith

DXY: Prediction: Continued bearish pressure, targeting your swing target of 95.00. The fundamental backdrop of potential Fed rate cuts and ongoing geopolitical uncertainty weighing on safe-haven demand for the dollar supports this outlook. Recommendation: SELL on rallies. Traders should look for opportunities to short the DXY, utilizing resistance levels around...

07:45

liamsmith

Market Outlook: - USD: Bearish bias persists, suggesting potential further downside pressure. - Gold: Bullish trend intact, indicating potential for continued upside momentum.

06:02

liamsmith

Market Outlook: - USD: Bearish bias persists, suggesting potential further downside pressure. - Gold: Bullish trend intact, indicating potential for continued upside momentum.

06:32

liamsmith

Market Outlook: - USD: Bearish bias persists, suggesting potential further downside pressure. - Gold: Bullish trend intact, indicating potential for continued upside momentum.

09:17

liamsmith

Market Outlook: - Indices: Bullish trend emerging, potentially set to challenge or surpass recent highs in the coming weeks. - USD: Bearish confirmation supports the bullish case for indices, as a weaker dollar often boosts market sentiment and drives stocks higher.

06:25

liamsmith

Market Outlook: - USD: Bearish bias persists, suggesting potential further downside pressure. - Gold: Bullish trend intact, indicating potential for continued upside momentum.

08:11

liamsmith

Disclaimer: This analysis is based on the information available as of the date of this newsletter and is for informational purposes only. It should not be considered financial advice. Trading in financial markets involves risk, and 1 you could lose money. Conduct your own thorough research before making any investment decisions

liamsmith Updated 

The chart for Gold (XAU/USD) on the 1-hour timeframe shows a recent sharp downward move, breaking below a previous level of support around $3,250. The price action has created a bearish fair value gap (FVG) between approximately $3,260 and $3,270, which could act as a potential resistance zone. Above this FVG, a Breaker Block in orange is also visible above -...

liamsmith

Important Note: Trading involves risk, and this analysis is based on the provided chart and description. Traders should conduct their own thorough research and analysis before making any trading decisions. Remember to confirm the timeframe and adjust the stop loss based on your own risk management strategy.

liamsmith

Bearish Breakout (Most Probable): The price breaks down from the ascending triangle. This could involve: Rejection at 20,486.0 followed by a break below the lower trendline of the ascending triangle. Direct break below the lower trendline without significantly testing 20,486.0 again. This would signal a continuation of the downtrend established by the bearish...

08:22

liamsmith

Dollar strength seems to be coming more into play this current week with a bullish close above 107 for last weeks candle . This dollar strength has given us insight to look for positions in other markets for potential short trades. Take a look for more deeper insight or direct message me for more information.

liamsmith Updated 

Bearish Pressure on stocks as the Vix index spikes up with uncertainty in the market. Current price is trading in a descending wedge pattern and testing in a bearish fair value gap and bearish breaker block currently. Targets are at yesterdays low overall targets are at $20900

liamsmith Updated 

Looking for a grab of the buy side liquidity as displayed by the yellow $ trendlines and then anticipating price to reverse in the bearish FVG that is shown as the blue box above the liquidity. Overall targets is to see more downside on Nasdaq to go down into the lows of 21000.

liamsmith Updated 

The gold market is currently exhibiting a compelling bullish chart setup that strongly suggests a significant upward move is in play. After a period of consolidation, gold is showing clear signals of renewed strength and momentum. My analysis indicates a high probability of gold reaching and potentially exceeding the $3000 level in the 4 Hour Time frame in the...