Gold View for 2025 the chart is clear u can see if u know something about trading everything I have mentioned, as gold monthly bias is bearish but can push upside because gold has done 50% Retracement
Forexfutures
Just a quick note on the outlook for Chinese yuan futures...Exploring the "Condor" : A Look at the Chinese Yuan Futures
In the realm of option trading, the term "Condor" refers not to a bird of prey, but to an intricate options strategy known for its non-directional nature. This strategy, aptly named after the wide-winged condor, involves positioning four options at once, aiming to profit from low volatility in the underlying asset. The essence of the Condor strategy lies in its ability to limit both gains and losses, creating a balanced risk-reward scenario for traders who anticipate movement and price consolidation before expiration date in certain market range.
Recently, a significant portfolio was recorded on the CME exchange, with an expiration date set for October 4, 2024. This portfolio is noteworthy not only for its size but also for the expectations of its owner. The belief is that the price of the Chinese yuan futures will hover between 7.25 and 7.45, a range.
The implications of this portfolio are manifold. For one, it reflects a sentiment that could influence other traders' strategies and market expectations. Additionally, it highlights the importance of understanding options strategies like the Condor, which can be pivotal in navigating the Forex market, especially when dealing with currencies like the Chinese yuan.
As we look ahead, we will undoubtedly keep a close eye on this portfolio, analyzing its performance from the yuan's impact. Forex Traders might (better say "should") consider this a bellwether for future movements, making it a focal point for those looking to gauge market sentiment.
Gold 1 hour technical say: it can go up because today gold was range led by trendline in gold futures ,let see AC indicator too
for coming hour if gold break last high,can go to 1895(daily chart fibo 61%) we must looking for sell after sell pinbar come in 1h or 4h or daily ,ok? dont close that diamond sell soon ,try hold mitmnium 1 week to near 1808
Goodluck my friend ,,,,,if you have big loss sell or hedge orders and eed help you an contact e in teleram ,,, i can help you close all positions
www.tradingview.com
AUDUSD All levels on pointProjected this levels on Sunday. Weekly levels tagged and breached. Monthly only a few pips away as of now. See related ideas.
Went all short and took profit on first(weekly) point. Riding the rest.
AUDUSD Weekly LevelsWatching this levels to the up and down sides for this week, currently still net long, and bullish longer term, but watching for more downside movement to add to my shorts.
Levels to watch for month of January AUDUSDI’m watching this levels to the up and down sides. If AUDUSD touches either side I’ll be watching for breaks. I'm holding some short positions along with the pullback and it sure looks like we might tag the lower line, however I'm net long and bullish longer term until my charts say different. Although AUDUSD has been trending lower for some significant time, I have the first clear long signal on the daily since the start of 2018.
Valid Cup & Handle?I've never traded this pattern before, but I am long biased this pair, and to me this is as a clear of an example of a cup & handle you could ask for. I'll be trading long if price breaks the high. If anyone has an opinion about this patterns validity I'd love to hear it!
