XAUUSD | Supported by 61.8% FibPlease support this idea with LIKE if you find it useful.
Price was supported on 61.8% Fib level. If the price fixed above previous support zone we can initiate a long position.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
CFD
GOLD, Where to join the party?)We can open Buy above the Key Level.
Reasons:
- the trend is bullish;
- the Key Level 1611.34 can be a support;
- potential profit will be 3 times bigger than the risk.
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USOIL LONG TRADEUSOIL rebounded from key level at 50.75
RSI reached oversold region on H1 frame
MACD shows positive divergence, price is making lower lows and oscillator is making higher lows
It's expected for coming bullish wave to cover the gap price at level 53.28
then target the supply zone at 54.43
XAUUSD | Bullish FlagPlease support this idea with LIKE if you find it useful.
Reason for long position: price formed a bullish flag pattern. If price will take a correction to lower zone we can initiate long from there.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Bullish Flag BreakoutPlease support this idea with LIKE if you find it useful.
The price made a breakout of Bullish Flag and the Patter is working out now. Be careful with the level of 1675$ because we might have a correction after price touch this level. You can also wait for a fixation above this level.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAGUSD | Strong Resistance ZonePlease support this idea with LIKE if you find it useful.
Price was rejected by Strong Resistance Zone. That way we have a Channel formed and can expect the price to go back to the Support Level of a Channel.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Local RetracementPlease support this idea with LIKE if you find it useful.
Price formed an Ascending Channel and currently was rejected by Resistance Trendling. We can expect a local retracement to one of the support zones.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Ascending Triangle BreakoutPlease support this idea with LIKE if you find it useful.
Reason for a Long Position: Price made a breakout of Acsending Triangle. But consider to initiate long only when tough resistance will be broken.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
GOLD, Buy after the pullback!I will look for an accurate Buy entry after the pullback to the Support/Resistance Zone.
Reasons:
- the price is above the Support/Resistance Zone;
- the trend is bullish;
- potential profit will be in 3...5 times bigger than the risk.
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XAGUSD | Fake BreakoutPlease support this idea with LIKE if you find it useful.
Reason for a Short Position: Price made a breakout of the Channel, but was rejected by R1. That signal's the price won't fix above resistance level.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
DJI - Wall Street - melt up or melt down coming - your choice. Central banks around the world are coordinating in a last stand to prevent global meltdown. So - they're about to decide massive liquidity injections into 'their economies'. China, the USA, Singapore are already on board. Expect Germany to follow cuz the German economy is on the brink of a recession.
What this could mean is a number of things:
1. The punters love it - and blow the markets north like nobody's business.
2. The punters reject it - and bail out with cash in hand which they'll pump into Gold (a better investment at this time).
3. Or - heavy volatility in coming days in a massive bear-bull fight, before the markets make a final decision.
All of this stuff has been triggered by an itty bitty virus that disrespects everybody. The world is now waking up to how central China is to global supply chains of commodities, manufactured parts, goods and services.
No predictions from me - as I have no working crystal ball.
Disclaimers & Declarations : This is not financial advice or encouragement to trade in securities. If you act on anything said here and lose your money, kindly sue yourself!
USOIL LONG TRADE USOIL broke major downtrendline
Bullish wave (A) ended at level 52.00
then corrective bearish wave (B) occurred
Price rejected after from moving average 100 and key level at 50.55
Price is above HVN at level 50.79 which indicates that usoil is in accumulation phase and preparing for coming explosion
MACD shows weakness in bearish momentum
RSI is above level 50
It's expected for price going up towards level 53.20 forming bullish wave (C)
GOLD SHORT TRADEStrong bearish wave (A) ended at level 1547.40 after breaking uptrendline
then price pullback for retesting broken uptrendline forming corrective bullish wave (B)
Price is rejected from 61.8% Fibonacci level of preceding bearish wave at level 1576.50
Price is below Moving Average 100
It's expected for coming bearish wave (c) to target level 1527.25
XAUUSD | Lost Ichi Cloud Support (Risky Setup)Please support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 1564.345
TP1 - 1552.057
TP2 - 1547.871
TP3 - 1542.740
TP4 - 1535.988
SL - 1568.396
Reason: Price lost Ichi cloud support and Pivot Point. However we still have a strong potential support zone around 61.8% and position should be initiated on a breakout.
-Please consider entering only on confirmed breakout.
-Also it's a risky trade for Gold.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
USOIL | Breakout of the ChannelPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 49.56
TP1 - 44.95
TP2 - 41.24
TP3 - 36.18
TP4 - 29.43
SL - 51.02
Reason: Price has broken Channel's support level.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
XAUUSD | New Upward WavePlease support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 1575.673
TP1 - 1600.312
TP2 - 1628.471
TP3 - 1667.189
SL - 1567.753 (Please consider your stop-loss putting lower)
Reason: Previously I posted an idea where price forming falling wedge and then bullish flag, now we have the same combination. The bullish flag might ended its forming and now the price is breaking the Pivot Poing, which can push the price to upward.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
GOLD is close to the Support/Resistance Zone!We can open Sell under the Support/Resistance Zone.
Reasons:
- Support/Resistance Zone is near 1570.00;
- the price bounced from the zone 2 times before broke it;
- potential profit will be 3 times bigger than the risk.
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