Comodities
XAUUSD (GOLD)Gold ounce analysis
In the analysis of the supply and demand system in the gold chart, the result of the analysis is the continuation of the downward trend in the short term, and our analysts expect that the ounce of gold can start the downward trend from the supply area at the price of 2047$ and in the short term to the demand areas in the price reach 1987$ and 1955$.
(For medium-term analysis, our analysts predict the possibility of gold falling to $1,905 per ounce of gold)
OANDA:XAUUSD CAPITALCOM:GOLD TVC:GOLD
#VOCET_CAPITAL
GOLD next 2 years analysis ⏰ macro Hello 👋 it's me your RAJ 🙂 professional trader ✨
This idea 💡
is completely my own analysis on GOLD TVC:XAU 🪙
How this comodity valid for long term 📌 explained as per technical clearly 📌 #DYOR
Note 👉
I am analyst and trader on cryptocurrency BITSTAMP:BTCUSD & stocks
I don't know about comodity market much , but my friend asked to do analysis 📌 based technical analysis ⏰ so I am providing here 🙂
:: in cryptocurrency to analyse any coin we check ✅ volatility , fundamental and some points
In GOLD i Don't know what to check and how follow and depth fundamental also so PPL 📌 who knows well ❤️🩹 keep in comments box 📍 i learn and i improve my work on commodity market
Present i am submitting technical analysis #TA based on my view 👀
I am bearish 📍 🐻 in next 1yr and expecting new high 2025 end 📌 2026 mid year
Invalid 📌
When weekend close below $1600
Best area to fill bag 💰 BUY 📌
$1680 - $1780 is best accumulate zone 📌 ( 1680/1780 )
My target 🎯 was $2200 - $2400
🔥 1680/1780 >> 2200/2400 || stop 🛑 weekend below 1600 👍
This is what I am expecting on GOLD based on technical analysis 📌 what point i have considere as per fundamental and what news 🗞️ I have to cover pls let me know 🙂
🪩 disclaimer :
▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌
Note 👀
👉 keeping comments , reacting with emojis , pointing us is very easy to some people
They think 💬 what they see 📌 that was knowledge 📌
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important
Economical conditions
Fundamentals
Technical
News
Sentiments
Checking macro to micro having good plan and build it is very important ☺️
Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛
I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post
Try to understand, try to learn - try to move with flexibility with market is important
Have good day 😊
🧵👉
Silver's Potential Head and Shoulders Formation Points to $25.00What a beautiful Heads And Shoulders is forming on Silver Chart ?!
I've identified an intriguing development on the Silver chart, with a potential Head and Shoulders pattern in the making. Currently, we find ourselves at the second shoulder, marked around the 23.000 levels. If Silver manages to breach the critical 23.800 resistance, it could set a course for a significant upswing towards the coveted $25.000 mark.
As we navigate the coming week, be mindful of economic events that might act as catalysts, bolstering the bullish momentum on the commodities charts. Stay tuned for potential price action that could propel Silver to new heights.
COOTTON📊 COTTON
⏱ TIME: 1W
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
⭕️risk: LOW
📍buy market:89 $
📌TP1: 104 $
📌TP2: 116 $
📌TP3: 124 $
📌TP4: 150 $
⛔️SL: 74.5$
BTC/USDT The September Fall and October Rise.Crypto's Rollercoaster: My Bold Take on What's Next
Every time I sip my morning coffee and scroll through the latest crypto news, I can't help but feel a mix of excitement and apprehension. Let me share my two cents on where I think we're headed.
Firstly, Binance and its fellow centralized exchanges (CEX) remind me of that popular kid in school who everyone wanted to be friends with. But here's the thing: for the crypto playground to truly flourish, we might need to find new friends. Their towering presence feels like a boulder blocking the path to the much-anticipated spot ETFs. I've got a gut feeling that as long as Binance wears the crown, we might be waiting a while for that ETF approval.
Now, remember those days when we'd eagerly trade Pokémon cards in the schoolyard? That's how I view the liquidity game. Traditional finance (TradFi) used to be that kid with the rarest cards, but now, they're holding back. With major central banks acting all grown-up and tightening their grip, the fun days of easy trades seem like a distant memory. For crypto to be the cool kid again, DeFi needs a makeover. It should feel like finding that rare holographic card in your cereal box, not just another common card.
Speaking of school, economics class taught me about the ebb and flow of global economies. Right now, it feels like we're in a tough exam period. With interest rates playing hard to get and real yields acting all high and mighty, it's tempting to stash our lunch money (read: investments) under the mattress. But here's my prediction: a few bad report cards (economic data) might just be the summer break we're waiting for.
Lastly, remember the drama when someone owed someone else lunch money? That's the vibe I get from the current forced sellers in the crypto market. But gossip has it that once the air clears around these debts, we might see a happier playground.
To wrap up my morning musings, crypto feels like that thrilling rollercoaster ride we dared each other to take. It's got its ups and downs, but boy, what a ride it's been! And I, for one, am strapped in and ready for the next loop.
XAUUSD Sell IdeaXAUUSD breaks its bullish trend. After the bullish trendline breaks and starts making LH and LL.
1926.10 was the support which now becomes resistance.
We will take our entries when the price reclaims this resistance area then it will continue a bearish structure toward our support which is at 1903.81
XPTUSD ( Platinum / USD ) Commodity Analysis 18/07/2021Technical Analysis:
As you can see, there exist a Hidden Bullish Divergence with MACD and it is the very sign of bullish trend continuation as the Price is Bullish Bounding in an ascending channel.
We draw Fibonacci retracement from the low to the top of previous impulsive wave for specifying the Bullish Cycles and the Possible Pivot Points and Reaccumulation levels in the correction wave condition, which are defined as the Fibonacci and Support and Resistance levels on the chart.
Currently The commodity is consolidating and Reaccumulating on Fibonacci Golden Zone.
naturally XPTUSD is moving in ascending channel presently.
we believe that the commodity is getting ready in order to shoot to the defined targets by Fibonacci Projection of the Past impulsive wave
LTBR Golden bullish cross!!!The 50 ema, red line, is about to cross the 200 ema and sma, on the daily. Golding cross baby!!
Stochastics RSI is over bought on the 4 hr and daily, fyi. The ADX is showing the buyers are still strong. The green and blue lines are the anchored V wap. Blue is the middle. I have 2 anchors. The previous high around $12 and the previous low around $2.75
NATURAL GAS - Why I am Bullish - FULL SETUPWait for the small trend (blue line) to be broken upwards with confirmation of retest and rejection and from there you can enter LONG.
We have interesting news from SAPPORO, which announced today that they will reduce GAS production, but, a big BUT, they mentioned that they will temporarily stop investments in this sector.
On the one hand, this can scare small investors and the price can make a DUMP up to the 1.8 area and from there the accumulation and capitulation necessary to go up, or it can break this trend even on Monday and see the beginning of a BULLMARKET for gas.
Personally, I think we will see an increase.
But I have a BUY order at 1.80 ready so as not to miss the opportunity.
Don't Sell Gold(XAU) in Short Term And Wait to Buy in Long TermIn the above Daily Chart, we've forecasted a marginal high of Gold(XAU) to around 2,060 and from this level we expect a correction ABC to around 1,800 where the smart buyers must appear with higher probabilities. In weekly(W) time frame, Gold(XAU) has a bullish structure .
GOLD WEEKLY CHART, Target for year 2023In 2022, gold demand has seen a remarkable increase of 28%, The aggressive gold buying behavior by central banks of various countries, witnessed after 55 years, This buying behavior is an indicator of the existence of some significant factors or insights that are known to these large economies, but not to the average person. The primary reason for this surge is the rapid rise in inflation, recession, and war fears globally. As investors seek safe-haven assets in times of economic turbulence, gold is at the top of the list.
Interestingly, in April 2022, Russia converted 40% of its dollar reserves into gold before the war broke out, reflecting the country's commitment to the precious metal. Russia purchased almost 50 tons of gold in 2022, which is ten times more than its gold purchase in 2021. China followed Russia in terms of gold buying, and Turkey made history by purchasing the largest amount of gold in 2022, which is 31 tons. Kazakhstan and India were ranked fourth and fifth, respectively, in terms of gold purchases.
Despite the surge in gold demand, the yellow metal's price did not perform as well as the stock markets in 2021 and the first quarter of 2022. Gold remained in the range of 1600-1950 during this period. However, in the years 2018-19, gold had a rally from 1200 to 2000 dollars.In 2021-22, gold experienced a correction year, Day1 chart is indicating a correction and the weekly chart shows strong consolidation. In 2023, gold's price is expected to test new highs and reach at least 2300 to 2400 dollar level.
Copper Futures March April Challange Hello my friends! How is going your trading week? I hope that is doing well, anyways lets talk about this operation!
Bulish: Here we are waiting in the bullish way for a retest on TL that was recently broken, and from there we gonna wait for the retest then a break on the most recent high and the we gonna see if the price gonna reach the closest resistance (DR).
Bearish: Here for the bearish term we gonna wait for the price going back to his last channel and then get in bearish for a channel strategy of selling high and then buying low.
Bullish Gold Next Month ? Will XAUUSD really touch 2100 $ ?After all things that happened in this month , people are scared of losing their money while putting them on banks , so that will push individuals to invest their money to escape the bank crise , as we know that a lot of companies invested in the gold metal at the start of 2023 , and the war between Russia and Ukraine that Is getting worse because It becomes a crime war , so for me It's the great time to invest in gold for a long term time !