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Sideway

How is the gold market performing today?From a technical standpoint, the price of gold has experienced a period of stability and upward movement over the past two weeks. This indicates that the price oscillation range is still holding within the area of resistance turned support, with prospects for a breakout to the upside. On the other hand, recent downward adjustments have found support around the $2,173 region, before the range of $2,164-2,163. Next is around the $2,146 mark, where a breach could potentially trigger strong selling activity in gold.
OANDA:XAUUSD
by Ariana_alila
BTCUSDT : SIDEWAY "Hello BTCUSDT Traders, Today, Bitcoin is carving out a resistance level at the $52,000 USD/BTC mark amid the latest U.S. macroeconomic data falling short of expectations. According to analyses from TradingView, BTC's price action has stagnated during the last week's trading session and into the start of this week, showcasing a sideways movement. For this week, I anticipate BTCUSDT to continue navigating within a defined range, with resistance at $52,800 and support around $50,500. What are your thoughts on this outlook?"
by Antonia_Le
2
Gold continued to decline on the first day of the weekHello dear friends! The price of gold has decreased by nearly 15 USD since the last closing of trading, marking a 0.74% decline for the day. Currently, this precious metal is in a state of uncertainty as investors try to predict the next move of the Federal Reserve. For short-term trades, gold still leans towards a price decrease, based on the reversal signals from the 34 and 89 EMA lines. Resistance level: 2045 USD Support level: 2030 USD.
OANDA:XAUUSD
by Karina_Bella
1
GOLD held his breath waiting for newsHello dear friends ! Gold price today is trading around 2040 USD and has not changed much compared to yesterday. Up to now, the main trend of gold is still down with sideways in the short and medium term with resistance level 2050 USD and support level 2030 USD. At the end of the day when non-farm payrolls are announced, gold is likely to fluctuate more quickly like other weekends. -In case the news continues to support the USD, gold will break the support level and drop quickly to 2015 USD. - In the second case, the resistance level is broken by the buyers and gold will have a chance to reach the peak of 2065 USD. And you, which direction do you think gold will move in? Let's wait with Karina!
OANDA:XAUUSD
by Karina_Bella
The next trend of Gold H1 time frame. Structure: Sideway. After the price surged and broke the sideway structure at 1804, there was no confirmation of the uptrend but the price retraced deeply to the 61.8 zone of the up move. Back to the Sideway zone and there is no clear confirmation of the current trend. Need to wait for another break out of the sideway and retest to confirm the trend to be able to trade with XAUUSD. Two resistance levels to watch out for when price breaks are resistance 1809 and support 1780. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
OANDA:XAUUSD
by tradafx
BNB: Buying ZoneBNB seems to be going sideway/ slightly uptrend between 405-440. It failed to break above EMA100 so that is still our resistance for now (but once broken the uptrend will be strong). Most recent prices are above EMA30 which is a confirmation of the uptrend, in addition to higher highs/ lows. I would wait for MFI to be below 25 and place my long entry as long as price are still in the “blue zone”. My tp would be 440 and sl at 404. ((Not a financial advice, use at your own risk))
Long
by CryptoPivots
BTCUSDT Price Analysis (4h)The price is placed in a triangle pattern and if it crosses the triangle and the marked yellow lines, it becomes a position long or short .The triangle pattern is a corrective pattern and the reason for its formation is the existence of ambiguity in the market and sometimes it can move in the opposite direction of the previous trend. So we wait for the triangle pattern to break. (Horizontal white lines are drawn based on Price Action and we can wait for the price reaction to them) . BINANCE:BTCUSDT
by pedram127
FCPO TRADING : 220) still on persistent uptrendthis is haidojo and the number is 220 ... today is the first day of fcpo-feb and that is not a real drop of 100pts... it is more like the continuation of last month's price which extended into this month... so the direction of the trend is still undefined yet... price might test the previous higher-low at 3160, the rectangular space... but before that, it needs to fall below 3260 - the previous high first/// which is the level where it turns frm resistance to support... 3350 is now the resistance level and supports are at 3260 and 3160... *plan your trade and trade your plan... gud luck* higher resistance : 3414-3450 resistance : 3350 support : 3260 lower support : 3160 (deciding bull/bear) WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
MYX:FCPO1!
by HAIDOJO_trading
FKLI TRADING : 213)a new resistance foundthis is trade 213 frm haidojo trading... as the title has indicated, a new resistance is found - 1524... another thing is, watch closely if double-top formation is actually happening on 9th nov 2020- today... double -top plus resistance level is a strong reversal signal and might put an end to the current uptrend... plan your trade and trade your plan... gud luck higher resistance : 1540 immediate resistance : 1524 immediate support : 1487 lower support : 1446-1413 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
MYX:FKLI1!
by HAIDOJO_trading