$GOLDin USD
Looks like a queeze up to COMEX open time is possible... Let's see. As I said last night.. there are enough features here to sow doubt in me that it's a bearish chart. I think could go either way, but I'm leaning 51/49 to go up.
As @lukeytrags has been quite upset about, the goldies are capitulating today. I think that's the last scream of capitulation as theyr race to hit RI30 and lows on charts for FBOs etc before they go up. GOtta break the back of hodlers so they're too scared to re-enter, until they aren't and they chase it all of the way up.
GOLD-SILVER
GBPUSD: holds the defenseAnd so, the Pound also came under pressure last week. But the price remains above the key support 1.36085. This level would be an excellent entry point for an anticipated upward pullback. A more aggressive option is to enter from current prices. It is expected that the instrument would still face the onslaught of the US dollar and may even go into a counteroffensive.
Brent: forecast for Sept 27 - Oct 1There was no negative news for the oil market following the September Fed meeting. Interest rates and asset purchases remained unchanged, although the rhetoric continued to escalate. In particular, the Fed announced its readiness to make a decision to start cutting the asset purchase program at the next meeting. Additionally, an increase in expectations for the level of the base rate in 2022-2023 was announced.
Consequently, buying priority remains, but at the moment it is risky to get into a long position. The price would be corrected. From the very beginning of the week, the instrument may start its downtrend movement. It will be much more conservative to wait for oil to approach the resistance line of the ascending channel and try to sell around the level of ~ 78.
Buying mood for gas and coal, as well as the expected deficit in the oil market by the end of the month, would continue to support oil prices. The trading instrument, taking into account the expected correction, would remain above $ 75 per barrel.
BTCUSD: forecast for Sept 27 - Oct 3Within this week, the Bitcoin expects a test of the resistance area 43919 - 46867. Where may we expect an attempt to continue the fall in BTCUSD and the further development of the downtrend. The purpose of this movement is the support level 40967.65.
Cancellation of the option to continue the decline in the Bitcoin rate will be a breakdown of the resistance area indicated above and the price fixing above it. At the same time, the downtrend channel will be disrupted, because the resistance line of this channel will be broken. This will indicate a change in the current trend in favor of the bullish for BTCUSD.
BTCUSD: stay in the rangeAnd so, the price keeps its presence in the trading range indicated earlier. It was also assumed that it would not be possible to pass through a small resistance in the area of 44080.95 - 45241.90 at once. Nevertheless, the buying mood remains, we expect the price in the indicated resistance area for the second attempt to overcome it.
GBPJPY: turn downAnd so, the pair is globally at the stage of the supposed reversal ("head and shoulders" pattern). In addition, now the tool is at the resistance line, which is unlikely to be overcome by the Pound. It is expected to fall to the level of 150.460, where if it consolidates, it would go even lower.
GOLD: not so fastAnd so, for Gold, the price fell as expected. Most likely, the price would try to recover to the level of 1769 at the moment. Sellers will not be able to pass the support 1747.380 right away.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GBPUSD: up and downAnd so, confident yesterday's growth stopped at the level of 1.37405. Also, the instrument is most likely to be in a downtrend channel and now the price is right at the resistance line. All this may indicate a possible price drop to the level of 1.36085.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
EURUSD: level 1.17530And so, the currency is near the level of 1.17530, which on Thursday did not allow buyers to go further. This level, at least, will create problems for the continuation of the upward movement. Most likely, the area would be contained, and the price would be forced to go down.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
XAUUSD 1D : 23.Sep.2021 (Update)Updating of Last Analysis ...
Last Night Analysis : Well, as we know tonight the interest rate will be announced by the Federal Reserve and this important news will direct the market, we have to wait to see if the market trend will go up or down and based on that we will follow the trend. OANDA:XAUUSD
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 23.Sep.2021
⚠️(DYOR)
GOLD: buyers retreatAnd so, the downtrend movement is expected to continue in the short term. The price is in a downtrend channel and has dropped below the level of 1769.045. Taken together, this promises the price to hike down to the level of 1747.380.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
BTCUSD: buying mood And so, the coin is still in the same trade range. Buying mood persists. A slight resistance located in the area of 44080.95 - 45241.90 should be passed in order to hit the target at the level of 47932.50.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GOLD: beginning of the outcomeAnd so, in order to establish a downtrend, sellers need to be at least confidently holding back the resistance 1769.045 - 1794.835. Buyers will try to penetrate up through this area and prevent breaking down through to 1700, which will mean full capitulation of buyers.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
AUDUSD: aimed at 0.71650And so, in the near future, it is expected that the price will remain under pressure from sellers. The price area 0.72385 - 0.72695 is the resistance from where the AUDUSD would aim to 0.71650.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
EURUSD: sellers pressureAnd so, the currency pair is still under sellers pressure. The resistance area is the range 1.17530 - 1.18600. The closest support level is the level of 1.17000, where buyers can remind of themselves.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
AUDUSD:BREAKOUT RISING WEDGE, WILL IT CONTINUE ITS BEARISH MOVEHello Fellow Traders, here's your free outlook for AUDUSD! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :)
AUDUSD broke out of the rising wedge pattern. Breakout of rising wedge pattern indicates the possibility of bearish movement. The momentum indicator is crossing down toward the zero area, it signify the potential downward movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the forex pairs.