Abudhabi
Positive dayIts looks like buyers were waiting for it to touch the trend like thats now acting as support area. This looks good to go higher from here.
Hit like & follow guys ;)
Under PressureSurprisingly ADX stocks are not performing well for the last 2 months or so. Market can come down to retest the support level again that is around 9800. Burjeel will also be added to the index, its getting listed tomorrow so expect so high volumes. All the best to Burjeel Holdings.
Hit like and follow guys ;)
Gold price accelerationDuring last week’s session, gold remained above 1900 levels, which means gold will continue its bullish journey strongly and proof of that is the support candle by buyers reached to the lowest price of 1,882 which enabled the buyers to enter the market with great confidence that gold this week will achieve gains to 1,950 levels.
Through the technical analysis of the gold chart, we expect during the upcoming week that the gold will reach new high levels, but there will be resistance at the price of $1,950 so first stop will be at price of 1,929 and then the journey will continuo to our final target.
I wish good luck to everyone..
OANDA:XAUUSD
XAUUSD 30M ANALYSISAre you a forex trader?
You've probably blown an account or two but that road to consistency is getting closer.
However, you're probably trading a small account size and possibly even trading with scared money?
This doesn't put a trader with ambitions in the best head-space to produce the best trading results.
The focus is on the money when it should be on the process.
Get a forex funded account.
No silly exams.
No demo trading.
No silly challenges.
No trading combines.
No time restrictions on how long to hit your target.
No silly courses.
Simply pay a monthly subscription & trade.
Be location independent.
Trade from anywhere.
Click below to learn more
BEWARE ON STRONG RESISTANCE PULLBACK - ADIB - 30 MN - IDEAThank you for your likes and shares! Much appreciated!
__________________________________________________
Abu Dhabi Islamic Bank sees a range forming after a long fall. Very little chance of rapid recovery.
ADIB have strong probability to come and test the red strong resistance line.
Beware on pullback down on that line.
If the market breaks the resistance, there is a strong probability of profitable long direction profitable trade.
Wait for the market to break its actual range before any entry and follow the trend after nice candlestick showing break of ADIB actual very narrow range.