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DXY (SHORT) moves before 2021According to my private data and strong previous analysis, I think that Dollar was really affected this year regarding all the events that happened. Pandemic situations, new president to White House, and other main events. Regarding this I think we might see the price go even further down this month with a high probability of reaching a area of (DXY - 0.886700/0.88200) , then at the start of 2021 we for sure will see the recovery of the Dollar to previous resistance reaching areas of (DXY - 095200/0.095600) If you like this idea, feel free to share! Good luck traders!
TVC:DXYShort
by PedroBtraderforex
GOLD - See What These Gann Fan & Fibonacci Retracement Value SayHere, I have used Gann Fan & Fibonacci Retracement to identify the next move of Gold Spot. Wherein, it is taking reversal from the 0.5 retracement value (highlighted by green square ). And now it's running under 3/1 & 4/1 Gann Fan value. According to this chart, gold will keep drilling upward up to $1940 . After that, it can fall for 0.382 value of retracement. And a breakdown of this retracement means $1900 waiting ahead. Overall we can see a bullish trend. That can be for $1960 - $1976 levels before Nov end.
TVC:GOLD
by freestocktips
EURAUD at Strong Support Trendline - Reversal?In this chart, crucial support and resistance are indicating an overall bullish trend since mid-2012 . Here, I have used the Elliott wave pattern. In the beginning, It's an impulsive wave, But forward it's converted into the corrective waves. MA of 50 and 200 indicates a positive trend. EURAUD is taking pullback after hitting the strong support trendline . In the last weekly candle, it had touched this major support trendline . If you noticed the strong support trendline , you would get to know that. Every time the trend knocked it, It bounced from that point. The last weekly candle has touched the strong support trendline . What do you expect ahead?+ Technically, we may see the Euro / Australian dollar at 1.65000 - 1.70000+ for the longterm investors. But don't buy off below this trendline. Because after the breakdown, it can drop to the crucial support, you should not buy off.
Long
by forextidings
SILVER (XAG/USD) Day Trading Strategy & AnalysisSilver made descending triangle pattern and it's base range is 2.36 . Descending triangle pattern refer as a reversal pattern. Currently, XAG/USD is in consolidation area, and playing at resistance trendline. This pattern has 1% chances to breakout upside. And if it will happen then we may see prices at $28.600 - $29.800+ . DAY TRADERS: In this situation, we should wait for the flat lower trendline breakout. And you can keep selling silver nearby LH level for support trendline (Target: $27 - $26.67060 ). SHORT-TERM INVESTORS: As I indicated in the chart, if the support trendline breakout happens then you can sell for target prices $25.85360 - $25.22460 - $24.44060 . Please note before buy/sell you must identify fakeout, excess, or tail. If you need any help don't hesitate to ask, PM me.
OANDA:XAGUSD
by forextidings