gold will sell more and morein my previous analysis i told that we are not changing our trading plan without a good reason.we are facing now good effects of that again hited more than 100+ pips.we are not changing plan yet we are still seller gold is trading below range 2355 we can still sell.
to change the plan the gold has to be broken about 2360 range with a candle close above that range ..i am with breakeven .
Indicators
gold will fall gold is correcting now after a strong drop .what does it indicate that the it will be a sell seller will control the market and also gold is now currently moving inside of a bearish channel .also there has a very interesting poing of volume 2338 will occur when london and us session starts.
BRIEFING Week #21: Market Breadth & DominanceHere's your weekly update ! Brought to you each weekend with years of track-record history..
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USD Waving The Flag in AU?!Here I have AUD/USD on the 1 Hr Chart!
Tonight, we have seen Price make a drastic turn to the Upside back into this Descending Channel it was traveling in last week!
With this False Break of the Falling Support, could we see the appearance of a BULL FLAG?!?!
Now with a Bull Flag, we expect valid tests of both the Falling Resistance and Falling Support!!
So far, we've had 2 tests and a False Break of the Support but we are missing a 3rd test of the Falling Resistance!
With Price using this Local Support level, I believe we could see that 3rd test of the Resistance!!
Now with NZD Low Inflation Expectation Results tonight, we're seeing some strength being put into AUD!!
Fundamentally for the rest of the week:
AUD-
Wage Price Index (Tue) Employment Change, Unemployment Rate (Wed)
USD-
PPI, Powell Speaks (Tue) CPI, Retail Sales, Empire State Manufacturing Index (Wed) Unemployment Claims (Thur)
XAU/USD | GOLD OVER ALL PLAN ( SMART MONEY ) DECRYPTERS
Welcome to DECRYPTERS !
NOTE:- PLEASE READ FULL DESCRIPTION BEFORE CONCLUDING ANY THING
upon analyzing gold over all trendi is bullish due to several factors
why to buy gold ?
building narrative because of followings:-
1 - geo political situation
2- banks demands for gold
3- inflation issues in us
4- japan currency devaluing issue
5 -brics
6 -infaltonun certanity
7- gold silver ratio
smart money hates uncenrtanity , so they are buying alot of it
over all gold is bullsih in yearly / monthly /weekly charts ( for now)
Previously :-
from 2432 2277 -2295 were called and we took buy live on our yt from those levels
there was little hurdle at the area of 2313-2325 (as shown above in chart)
now the hurdle is flipped overcome we are expecting bullish prices on gold until new all time high
Forecasted gold projections based upon following :-
Gold buying reasons at level of (2360 - 2374)
1 - Downward tredn-line from previous all time high( shown in yellow color)
2- Two green horizontal lines (advanced smart money level)
3 - Bullish parallel channel (which supports the smart money level and trend line)
4- The white line is showing trajectory ( of the expected move)
5- Volume profile and Volume Analysis (VSA) Also supporting buying Auction
CORRELATION:-
1- Dxy losses recover from previous days causing gold to (range + bearish)
2 -us10 y recover its losses previous days causing gold to (range + bearish)
3- cpi and ppi data cool down effect
4 - No major news to make dxy $$ bearish until end of week( important point )
5 -Silver local top adding confluence as well
6- Gold vs silver ratio ( above 80 ) meaning very high demand for gold in metal industry
7- new war or tension news is expected to give gold strentgh soon( in macro picture )
ASTROLOGICAL ASPECT:-
as per astrology we are bullish on gold untill 21st of may ( approximate date)
what will happen after that ? ? will gold fall ? will gold rise ?~
Stay tuned with decrypters for the update
Thanks for reading the post and be with us till now , plz press like button if you like the post
"Regards Decrypters"
BRIEFING Week #20 : Pay the Price, Receive the Value !Here's your weekly update ! Brought to you each weekend with years of track-record history..
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HOOD Robinhood Markets Options Ahead of EarningsIf you haven`t bought HOOD before the previous earnings:
Then analyzing the options chain and the chart patterns of HOOD Robinhood Markets prior to the earnings report this week,
I would consider purchasing the 20usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $2.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
HUMA Humacyte Options Ahead of EarningsIf you haven't sold HUMA before the previous earnings:
Then analyzing the options chain and the chart patterns of HUMA Humacyte prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $1.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
OCGN Ocugen Options Ahead of EarningsIf you haven`t bought OCGN when they released their Covid vaccine:
Then analyzing the options chain and the chart patterns of OCGN Ocugen prior to the earnings report this week,
I would consider purchasing the 1.50usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $0.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BABA Alibaba Group Holding Limited Options Ahead of EarningsIf you haven`t bought BABA before the previous earnings:
Then analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.74.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
CSCO Cisco Systems Options Ahead of EarningsIf you haven`t bought the dip on CSCO:
Then analyzing the options chain and the chart patterns of CSCO Cisco Systems prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $1.52.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ZM Zoom Video Communications Options Ahead of EarningsIf you haven`t bought ZM before the previous earnings:
Then, after analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week,
I would consider purchasing the 65usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $8.00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Gold will remain bullish tomorrow as wellFor tomorrow, the resistance areas are: 2400 and 2410. The support area we're finding on the M30 is at 2380. These levels will perform tomorrow, and we should also keep an eye on geopolitical events. Additionally, tomorrow we have Unemployment Claims news affecting us.
GBJJPY is showing a sell trendOANDA:GBPJPY The H1 trendline of GBPJPY has been broken, and the setup has already been shared in the e minds. Now, we just need to wait for a retest for the entry setup to form. Also, there is support, which will act as resistance. Support levels are: 196.100-195.900. The entry has been taken from the H4 Fibonacci level of 0.786
Gold Market Update Exploring TrendsDiscover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
There is no turn backThis analysis might look pretty crowded but actually there is simple logic behind this. After each bearish season place "Fib speed fan resistance" from top to bottom. We can observe there is no bearish scenario after we break 0.75 blue fan line. There might be red weeks but after all its end with bullish scenario. End of bullish scenario can be found from Pi Cycle Bitcoin High/Low indicator. Whenever it's "High Short MA" and "High Long MA" crosses it is very close to top. This indicator is repainting so it means we can estimate end of bull season by "Pi Cycle Bitcoin High/Low" indicator.
Growth/Decline Index IndicatorAbout:
The Growth/Decline Index is a "parabolic sar" based indicator that mainly has two functions. The first function is to display when price growth or price decline will occur by displaying increases or decreases of the GDI and inflection points. The second function is to rate a stock's performance based on how high or low the digits display the GDI. If the digits read positively, high values then the stock is expected to have growth, and if the digits read negatively, low values then the stock is expected to decline. Remember when looking at the GDI you want to look at both long (yearly) and short(daily) readings to get a better confirmation of trend. The GDI also has short(orange), medium(blue), long(red), readings. The reason why there are three readings is to try to pinpoint buy or selling signals to try to maximize profit. Here is an example of ticker MSFT. As you can see MSFT is reaching long values up to 19! That means that the stock is still in long term growth.
Or how about PEGY having consistent negative values after 2021:
No matter the stock GDI will always be there to help you identify trends, and stock rating.
Want to trade short term? Easy, look at you short values and determine if they are increasing or decreasing.
Be advised:
Please stay in caution when reading the GDI.
Be advised:
The GDI is a new indicator and further behavior analysis such as concave up/down, inflection points, cross over points, divergence/convergence, and minimized/maximized points has to be taken into consideration in order to confirm more precise trends. Also remember that the GDI is a trend tracker and cannot pre identify sudden, large jumps or drops.
-Recommendations/estimates
values for buying: -15 and above
values for short selling -15 and below
What to look for:
Good dips can be found when the medium (blue) line cross from the top downward to the long (red) line and short (orange line) is minimized. (Please keep a look for long term trends)
Or when the short (orange) line has crossed from the top downward to both medium(blue) and long(red) lines.
Remember that this may not be 100% of the case looking for convergence and divergence between the blue and red lines also helps as well as the stock rating and also checking for both long term and short-term readings.
Good peaks can be found when the orange line has greatly exceeded the blue line and has peaked. (also looking at the trend of the blue line helps)
More things can be added and modified to the GDI to make it a cutting-edge indicator.
Have fun. :)
Strategic GBPJPY Selling AnalysisExplore the latest trends in the GBPJPY forex pair with identified sell levels at 195 and 197. Our comprehensive analysis delves into key market drivers, technical indicators, and fundamental factors, providing strategic insights for navigating the dynamic GBPJPY landscape.
Gold Market Update Exploring TrendsDiscover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
ETH Ethereum falling wedge pattern If you haven`t sold ETH at the top:
As the cryptocurrency market navigates through choppy waters, Ethereum, the second-largest cryptocurrency by market capitalization, finds itself ensnared within a bearish formation known as a falling wedge pattern. This technical setup, coupled with broader market uncertainties, casts a shadow over Ethereum’s short-term prospects, with a looming price target of $2400 becoming increasingly probable.
A falling wedge pattern typically signals a continuation of a prevailing downtrend, suggesting that Ethereum’s recent struggles may persist in the near term. Characterized by a series of lower highs and lower lows, this pattern reflects a gradual erosion of bullish momentum, often culminating in a breakdown below the wedge’s lower boundary.
BRIEFING Week #19 : Watch out for potential StimulusHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Phil
DIS The Walt Disney Company Options Ahead of EarningsIf you haven`t bought the dip on DIS:
Then analyzing the options chain and the chart patterns of DIS The Walt Disney Company prior to the earnings report this week,
I would consider purchasing the 112usd strike price Puts with
an expiration date of 2024-5-10,
for a premium of approximately $2.82.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.