Gold will regress or move sideways during this timeGold has pulled back a bit in today's Tuesday trading session as it looks like we will continue to try to get higher.
Regardless, I think this is a slightly stressed market and it might be worth noting that the relative strength index is well above the 70 level.
All in all, I think the $2,200 level below would be an excellent support barrier similar to the 50-day EMA at $2,150. On the positive side, I think we're going towards $2,500 but sooner or later you have to get out because people are going to take profits and of course you need to attract more buyers into the market. Speaking of buyers, it's probably worth noting that the world's Chinese banks are net buyers of gold in general and that's a bit of a miss in the market, but they also have to be aware that the storylines have Is it beneficial for gold? Now and most certainly there are geopolitical worries. So with all that said, I'm just looking for opportunities to buy gold cheaper when prices drop. I have no interest in selling in this market.
IDEA
IDEA - Follow The Trend 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 IDEA has been overall bullish , trading within the flat wedge pattern in orange.
Currently, IDEA is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong demand zone $0.0026 - $0.003.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and lower orange trendline.
📚 As per my trading style:
As #IDEA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$RNFT will not give up and have a good futureMOEX:RNFT I see potential for the next growing line after a little drop down.
goal is 265 or a bit more. Will correct later.
Does not constitute a recommendation.
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$MVID can show one more step to topMOEX:MVID shows readiness to move up to 250 for a while before it will move further.
Does not constitute a recommendation.
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$ZYME - good potential in this yearNASDAQ:ZYME confirmed a line of support and is going to show 100% of growth in this year.
Does not constitute a recommendation.
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$OGI - 9-years forecast for the company sharesSo funny and amazing, when you had prepared a long-term vision for a company just 2 days ago, but did not published for a while, and purely by chance get notices, that this company has grown today for almost 250% in some hours.
So, nevertheless, this only confirmed, that signals, which were seen are correct and I still can publish my forecast for almost 10 years ahead.
I see a huge divergence on 1w timerange and NASDAQ:OGI was able to accumulate a huge potential for the future ascending motion. Being on the bottom and turning around, it has an energy to show perfect plus even from the current values. Of cause, after so enormous jump today, we will observe some kind of correction, but for investors this fact can't be a problem.
Good company, fields of the future with a possible nice results.
I believe, it will keep on moving to the top.
Goal number 1 for 1 year is 4.5
Does not constitute a recommendation.
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$NVDA definitely will show a long. Depending on scenario, NASDAQ:NVDA will face continuing growing moving. Last years it was showing perfect results in the business raising as well as in the fields of finance outcomes.
My expectations, that we can take about 100% during nearest year.
Does not constitute a recommendation.
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$SWN will show an awesome show in 2 yearsSharp chart cup with handle on 1W time range. NYSE:SWN for now near the historical bottom. My expectation, that we will face a good rally during the nearest years with a perfect benefits.
NYSE:SWN ::5->25::+400%::Jun 2025
Does not constitute a recommendation
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$HEAR - perform the boostNASDAQ:HEAR - will show from 50 to 80 percent till the end of this year.
High probability to see such kind of scenario.
Does not constitute a recommendation.
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USDKZT achieved a bottom of the channelNot a popular symbol for today, but I would like to highlight my idea in terms of self-development an possibility of tracking results in the future.
MOEX:USDKZT_TOM starts growing trend, which has a potential to get 28% during 6 months.
$USDKZT::436->560::28%::Sep 2023
Does not constitute a recommendation.
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$PTON has a huge potential and ready to growingNASDAQ:PTON
$PTON shows a turning trend and take a mass to start growing in more agressive way.
My expectation is a good profit in a middle term.
$PTON::$10.47::$39::370%::Autumn 2023
Does not constitute a recommendation.
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$YNDX went outside triangle. Time to be prepared for the growthMOEX:YNDX rally is going to start. Company shown, that all the previous negative news have been worked out and it has a good fundament to wonder investors with the jumps.
I propose two scenarios of the future moving. Both are based on the Fubo levels for the last ubnormal drop.
Scenario 1: MOEX:YNDX ::2097->3000::50%::Aug 2023.
Scenario 2: MOEX:YNDX ::2097->4300::90%::Aug 2023 - can be independent plot as well as a prolongation of Scenario 1 in the future.
Does not constitute a recommendation.
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$RTKM tends to go aheadMOEX:RTKM show a cap with handle and this means that it can:
1. Touch the top line of the descending channel(100) that will mean a start of the following correction moving.
2. Touch the bottom line (112) of ascending channel or even burst in it. In such case this will mean, that it can continue moving up in that channel and then go higher.
But in both cases we will see preferred a long steps during the nearest time.
Does not constitute a recommendation.
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$LENT retail store can overtake growing marketsMOEX:LENT as an one of some retail networks can show a growing line in a nearest months under the support of the rising rubble in the future.
Does not constitute a recommendation.
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