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GOLD-SILVER

GOLD (XAUUSD) Price Action Analysis & Technical Outlook 🥇 Hey traders, A lot of questions about Gold. Analyzing a price action on a daily and following the impulse legs from 1721 September's low we can derive that the market is trading in a local bullish trend. With an initial bullish impulse to 1781 and a retracement to 1745 the price managed to set a new higher high higher close then. Now the area between a current October's high - 1800 & the last higher low - 1745 is a so-called bulls' zone. Within that entire area, we expect a bullish accumulation & continuation. Next week look for confirmation within the underlined zone and look for buying opportunities there. Your initial target will be the retest of the current high. ❤️Please, support this idea with like and comment!❤️
OANDA:XAUUSDLong
by VasilyTrader
17
AUDJPY: BULLSIH DIVERGENCE, WILL IT BE BULLISH/FALSE BREAK?Hello Enthusiast Forex Traders! Here's short-term outlook for AUDJPY , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) AUDJPY is breaking out of the Falling Wedge Pattern. Breakout of Falling Wedge could indicates the possibility of bullish movement ahead. The momentum indicator creates a bullish divergence, it signify the potential upward 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.
Long
by financialfreedomgoals101
2
EURUSD: 1.15000 after NFPAnd so, the Euro is trading at 1.15630 ahead of the NFP. Analysts predict a positive NFP for the US dollar. Also, the currency pair remains bearish mood. A scenario is quite possible in which immediately after the release of news data, the price would sharply fall to 1.15000 and, most likely, rebound up again. The price range today is the price area 1.15000 - 1.15890. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Short
by UnknownUnicorn15614419
2
US Dollar - Should fall soon - Good for BTC and stocksUS Dollar index (DXY) shows the USD is close to the end of a bearish wedge (green lines). This is similar to the last bearish wedge (blue lines). USD should fall soon, possible with further news of infrastructure bill, debt ceiling solved, etc. When USD falls, everything priced in USD goes up, including BTC, stocks, and commodities like gold and silver. Should be a strong Q4 for everything. Analyst Tom Lee from Fundstrat calls it "the everything rally".
INDEX:DXYLong
by WorthAShot
10 Year Treasury Yields on track to reaching a minimum of 1.77Back in August I posted a Descending Broadening Wedge setup where we were at a potential bottom and today it would seem that we have successfully broken out of said wedge and back tested as support and are looking to finish the measure move that will take us to a minimum target of 1.77. If you look on a timeframe like the weekly we have potential to go all the way up to 2.5 if we break above 1.77 but i wont go into charting that yet until we begin to. To see the original idea check the related ideas tab below.
TVC:US10YLong
by RizeSenpai
AUDUSD: BREAKOUT BULLISH DBW,FAKE BREAKOUT/BULLISH CONTINUATION?Hello Enthusiast Forex Traders! Here's short-term outlook for AUDUSD , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) AUDUSD is breaking out of the Descending Broadening Wedge Pattern. Breakout of descending broadening wedge pattern could indicates the possibility of bullish movement ahead. The momentum indicator already crossed above the zero area, it signify the potential upward 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.
Long
by financialfreedomgoals101
EURUSD: recovery is not plannedAnd so, in the area of the level 1.15890, the price most likely intended to consolidate. But the selling pressure is not being eliminated so far, and the instrument would continue to fall further, to update the lows further. Ahead, the target is the level of 1.15300. The Euro may be supported only by weak news data from the US, but this is unlikely. High-energy prices in Europe, as well as inflationary expectations, put pressure on the currency. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Short
by UnknownUnicorn15614419
3
AUDNZD: Australian resistsFollowing the results of today's meeting on the RBA monetary policy, the head of the Central Bank F. Lowe has presented an accompanying statement on monetary policy. According to the statement, the rate will not be raised until 2024. Analysts predict that the economic expansion of Australia would continue in the near future, after a series of measures (for example, vaccinations, which should strengthen the labor market). Against the backdrop of such news events, the Australian strengthens its position against the New Zealander. AUD is expected to recover further from the fall in the summer in the near future. Proposed deal for this tool: Entry Point - 1.04606 (BUY-Stop) Stop Loss - 1.04349 Take Profit - 1.04863
Long
by TradePlus-Fx
GOLD: US dollar hits gold prices down And so, GOLD, as usual, most of all feels the pressure of the US Dollar (in this case). This is the specificity of these two trading instruments: the weakness of one is the strength of the other (in most cases). So this time, GOLD is falling, and it is expected to fall more. An approach to the upper border of the support area is planned today. Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
OANDA:XAUUSDShort
by UnknownUnicorn15614419
7
Gold and Silver most important support and resistance levelsMoving toward 1800 is expected for gold. In these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days! What Is a Three Outside Up? The three outside up is three-candle reversal patterns that appear on candlestick charts. The three outside up is a bullish candlestick pattern with the following characteristics: The market is in a downtrend. The first candle is black. The second candle is white with a long real body and fully contains the first candle. The third candle is white with a higher close than the second candle Three Outside Up Trader Psychology The first candle continues the bearish trend, with the close lower than the open indicating strong selling interest while increasing bear confidence. The second candle opens lower but reverses, crossing through the opening tick in a display of bull power. This price action raises a red flag, telling bears to take profits or tighten stops because a reversal is possible. The security continues to post gains, lifting price above the range of the first candle, completing a bullish outside day candlestick. This increases bull confidence and sets off buying signals, confirmed when the security posts a new high on the third candle. Reference Article: www.investopedia.com
FX:XAUUSDLong
by Moshkelgosha
2