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Smctrading

What do you think now? Will Gold target $2125 or $2225?📣 Hello Mates! Yesterday in Gold Idea Already, we mentioned that Gold would likely turn from the $2159.00 or $2169.00 area because $2170.00 presents a strong resistance area. Today, we have $2180.00 as another good resistance level. So, hopefully, Gold will not break resistance and sell from our resistance. Our target for today is $2125.00 Since today is NFP News, please avoid large positions and use proper stop-loss. 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our Resistance Levels are spotted at: - $2170 - $2180 📉 And our Support Levels are set at: - $2125 - $2088 Stay tuned for further updates and trade smartly! 📊
OANDA:XAUUSDShort
by BigtimeFx
🌟📈 Exciting Trading Insights for HK50! 💼💹Get ready for some thrilling opportunities as we dive into the market dynamics of HK50! Let's explore the charts, analyze the trends, and uncover potential pathways for profitable trades. 🚀💰 📈 Higher Timeframe Trend: Zooming out to the higher timeframes (H4 or above), we observe a clear trend in HK50. This sets the stage for exciting possibilities and potential gains. Let's ride the trend! 📈📊 🔍🔄 Double Bottom Formation: In the H1 chart, we anticipate HK50 to form a double bottom pattern, as indicated. This pattern suggests a potential trend reversal and can provide excellent entry opportunities. Keep a close watch! 👀🔄 ⚡️💼 Supply Zone at 16330: Our analysis reveals a small but significant Supply Zone at 16330. Today's breakdown of this level serves as a Launchpad for potential upward movement. Brace yourself for a bullish breakthrough! 🚀💼 🔮📉📈 Forecast Path: Let's map out the potential path for HK50's future movements: 1️⃣ Hit Supply Zone 16330: The first step is for HK50 to reach the Supply Zone at 16330. This level acts as a crucial milestone to watch out for. Prepare for potential price reactions and exciting trading opportunities! 🎯📉 2️⃣ Retest and Lower Low Formation: Following the initial hit, we anticipate a retest above 16150, accompanied by the formation of a lower low. This scenario may exhibit indicators such as MACD divergence, providing insightful signals for traders. Stay sharp! 🔄📉 3️⃣ Fast Move to 16480: Our forecast suggests a rapid upward move to 16480, potentially occurring on Friday afternoon or next Monday. This surge presents an excellent chance to capitalize on favorable market conditions. Get ready for action! ⚡️📈💪 Embrace the excitement, stay informed, and adapt to the evolving market conditions. Remember, thorough analysis and risk management are key to successful trading. Let's make the most of HK50's potential and aim for profitable trades! 💪💼💹 #HK50 #TradingInsights #DoubleBottomFormation #SupplyZone #ForecastPath 🌍💱
CAPITALCOM:HK50Long
by ICT_Trader_SB
#EURNZD:First Two Entries Hit Targets What you think about this?FX:EURNZD first two entries hit our targets successfully, now we are focusing on the third entry, price rejected at the key level, where we think most of the major selling orders were placed. Currently, in our price had left behind big 'liquidity void area' due to that reason. In our view, price is likely to fill those area and then bounce back from our 'third entry'. We are targeting same 300-400 pips this time around too. Which will helps us gathering over 1200 pips from three ideas. Let me know what do you think about EURNZD? Please share your views too.
Long
by Setupsfx_
6