Gold has returned to around 2520, with resistance still quite evident. With only one and a half hours left before the data release, market volatility is expected to remain limited. Based on yesterday's data, the likelihood of today’s data being bullish is higher. There are two trading strategies to consider: The first is to go long before the data release,...
Looking above us is a well refined zone from which we expect Gold to sell from. It won't stop this sells until we've got to a 4hr zone that should be updated here also. Simply wait for a confirmation at this sell zone, then get in as a swing or with a swing perspective at heart. Whatever Gold does between Wednesday and Thursday will determine what price...
Gold price climbs above $2,460 as the US bond yields and the US Dollar face pressure ahead of the US NFP for July. The Fed appears comfortable with market speculation for interest rate cuts in September.
#NFP We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly. We have a support area at the lower border of the channel at $0.400 from which the price rebounded We have a tendency to stabilize above moving average 100 We have a downtrend on the RSI indicator that is...
If the market reaches the blue zone, its going to sell during london session
This morning, I shorted gold near 2326.31, and as gold fell back to hit TP: 2315, I profited and left the market; I added positions and went long gold near 2296 and 2286, and as gold bottomed out, it hit TP again: 2300 profit and exit. The total profit exceeded GETTEX:14K , which was another good profit for several days in a row! Tomorrow will usher in a golden...
#NFP The price is moving in an upward channel on a 1-day frame and we have a support area in green at the level of 0.8100. We have a higher stability moving average of 100 We have a contact with the minimum channel Our RSI indicator has a well reliable uptrend Entry price is 0.8933 The first goal is 1.165 The second goal is 1.47 The third goal is 1.95
Well, first I must say the whole scenario is a low probability because NFP data will be released today, so stick to your money management system. By examining the daily and hourly EURUSD chart we can figure out, that the price grabbed the buy side liquidity and created the bearish breaker with bearish FVG, also this breaker aligns with the 50% of daily candle...
Regarding yesterday's data, my view is to go short, with the target near 2269, and we finally succeeded in making a profit. After the market fell sharply, there was a small rebound. When it was near 2270, I also reminded everyone that there will be a rebound, and the resistance level is 2279-2286. As I expected, it was blocked near 2279. Now I continue to...
as we have seen a good move in EURUSD and it has taken a fly high after NFP brought in so we will be seeing a drop to this volume candle retracement and we will be buying this pair after it completes 68% or 78% retracment to this level and we will be intrested in buying this pair as this pair is also moving in a parallel channel so it seems like it will continue...
Maintaining a sell bias on AUDJPY based on the presence of a well-defined sell structure. On the 1-hour timeframe (1HTF) shows the bearish bias is further supported by a potential continuation pattern in the form of an ascending wedge, with price currently testing resistance. Be aware that today's high-impact Non-Farm Payroll (NFP) data release could cause price...
Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
#NFP The price is moving in a descending channel on a 4-hour frame We are about to hack that channel We also have a higher stability moving average of 100 We have a major support that the price has rebounded from more than once: 0.5000 Entry price is 0.5877 The first target is 0.6262 The second target is 0.7000 The third goal is 0.7805
Hi Traders! USDJPY looks to be targeting the 150.000 psychological level long-term, as the US dollar currently looks unstoppable. The market is also about to break its bull flag formation. Here are the details: After consolidation in the bull flag pattern, we have now had huge bullish momentum, and the next target is the current yearly high at 148.808. The...
i don't trade DXY I only use it to confirm a trade, this was what you call al sniper move... CLEAR ON POINT PRECISION
Gold is now moving on $2054 - $2056 area. Technically, $2070- $2072 is the Ultimate Top's , as Selling on such Bullish s is not advisable if the our ultimate top is broken. yesterday the numbers was in favors of Gold however the bullish cycle was not expected but 73% of total numbers of traders were in Bull run however price action was just sudden dropped...
Non-Pay Form | Gold Expected to be drop Hey Traders .. Welcome back ! Todays after 2 hours Big news going to happen We Structured data from past history gold expected to move 50 pips above then probably hit the targets and touched our trend line which were seen in charts we are waiting for break out of support 2051-2050.00 then next point at...
There is NFP data to be released today. After yesterday's narrow range, the market will experience another huge shock today. Are you ready? Judging from the current trend, resistance is concentrated around 2049. Focus on this position before today's data is released. If it breaks through, the upper resistance will appear near 2058. If it cannot break through,...