Focus on 2700, short on highs in US tradingGold's 1-hour moving average continues to diverge downward in the short position, without any signs of turning. Gold's short position has not ended yet, and there is still room for downward movement. Yesterday's rise in gold has digested the expectations brought by the interest rate cut. It has fallen back after being under pressure at 2710 many times, indicating that gold's bullish momentum at high levels is not strong. The US market rebound is still short. Gold rebounds below 2710 in the US market, and it continues to be short at highs.
It can be shorted first when it rebounds near 2700. The market changes rapidly. Don't be fooled by the seemingly strong rebound as a reversal. Gold continues to be short.
Trading strategy:
Shorting on rallies in US market.
SELL: 2699-2701
Gann
EURUSD: Market Is Looking Up! Buy!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 1.08062
Wish you good luck in trading to you all!
SILVER: Move Down Expected! Sell!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 31.08239$
Wish you good luck in trading to you all!
DXY: Local Correction Ahead! Sell!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 104.301
Wish you good luck in trading to you all!
GOLD: Strong Bullish Bias! Buy!
Welcome to our daily GOLD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,711.710$
Wish you good luck in trading to you all!
Gold Where to?Hello Dear Traders.
Thought to share you these Charts for Gold
Gold Prices Reversed from 2790 Presented by Level 900
Gann Square of 9 Levels Exactly at a reversal From Starting Bottom.
all Trends/Lines Here Works and Respected As Support/Resistance
Take Decisions Based on Price action around them.
Observe The Following..
Gann Star
Jinny Gann Grid:
Grid Halved 1st Half:
Grid Halved 2nd Half:
Jinny Gann Fans:
Produced By Jinny Gann Ar
Wish You Best of Luck
November 7 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Here is the Bitcoin 30-minute chart.
Shortly later at 10:30, until 4 a.m. FOMC
There are two Nasdaq indicator announcements.
In particular, in the case of the US interest rate announcement FOMC
The rate cut from 5 to 4.75% is expected
It is almost the same as the forecast,
So it seems likely that it will be applied as Nasdaq good news.
Today was a place with a lot of worries.
I brought a simple analysis article with your votes
But today, for some reason, I want to eat some mild chicken.
At the bottom left,
I connected today's strategy with the condition of maintaining the long position of the purple finger at $73,877
In yesterday's analysis article.
*Red finger movement path
One-way long position strategy (two-way autonomy)
1. 74,372 dollars long position entry section / purple support line completely detached or 2nd section touched, stop loss price
2. 1st section long position 1st target at the top -> Top section 2nd target
(Refer to the 75,412.5 dollars long position re-entry section in the 1st short section of the sky blue finger)
If there is an immediate rebound from the current position
You can operate based on the short in the 1st section of the sky blue finger at the top /
stop loss price when the orange resistance line is broken.
Since the short-term pattern is broken from the 2nd section touched,
The possibility of additional decline after tomorrow increases.
Up to this point, please use my analysis article only for reference and use
I hope you operate safely with principle trading and stop loss price.
Thank you.
XAUUSD View!!Gold's rally may have run its course, UOB Global Economics & Markets Research's Quek Ser Leang says in a research report. Last week, gold formed 'Doji' pattern on weekly candlestick chart, which is typically perceived as a bearish signal, the markets strategist says. Crossover in weekly slow stochastics from overbought territory suggests downside risks are building. On the daily chart, gold broke below the three-month rising trendline support two sessions ago, with bearish divergence on daily MACD. However, any pullback will probably be choppy and potentially drawn out, with initial support at 55-day exponential moving average, which is now at $2,636/oz, the strategist adds. Spot gold is down 0.4% at $2,694.69/oz.
BITCOIN NEXT SUPPORT AND RESISTANCES ARE HEREWhat i have shown here is most effective way of analysis you all can find revesal of any stock, index,commodity by using this method which is never failure but before trade you should wait for signal.if you are with me sure you will learn and earn as well.
Top most resistance is critical,there may be chance of major or minor reversal up to predicted support and todays high is also a critical level might be this high will take it to support.
Resistance 2720. Support 2692. Today's market analysisGold attacked 2710 and stood on the 2700 mark again. The adjustment range is very large. The market fluctuated greatly recently, fluctuating back and forth by 70~100$, so don't chase the rise or follow the short. Pay attention to the continued high action at the end of the week. Go long first and then go short when the correction is made!
The Federal Reserve's interest rate decision for gold was cut as expected, and the expectation of interest rate cut was realized. Gold is now encountering resistance and fluctuating. Today, it is mainly high and low. After the strong rebound of gold yesterday, the short trend of gold has temporarily come to an end, but the market may not reverse. It is likely to start a volatile market again.
The 1-hour moving average of gold has not turned around yet, and gold may not start to reverse for the time being. Gold seems to rebound strongly, but gold has repeatedly fallen under pressure above 2720. It continues to go short at highs below 2720 in the Asian session. Gold 2720 can be shorted first.
First support: 2692, second support: 2687, third support: 2672
First resistance: 2720, second resistance: 2736, third resistance: 2750
Trading strategy:
Trading based on resistance and support, BUY: 2691-2693. SELL: 2720-2722