- **Gold Price:** Gold is holding above $2,500 ahead of the US Non-Farm Payroll data, having reached a high of $2,523 yesterday and currently trading around $2,517. - **US Economy Expectations:** - August Non-Farm Payroll is expected to increase by 164,000, up from 114,000 in the previous month. - Unemployment rate is expected to rise to 6.5%, from 6.4%. -...
Welcome back Future Demons Let me make it very clear. I’m here to help you become a better trader, and make money. I’m not a fan of Wall Street, the Elite, the big asset management companies like BlackRock, Vanguard who own most of the biggest companies in the world. They are known for manipulating the markets, to bait you in, and take advantage of you. They are...
The USD/CNY strengthened on Tuesday as a stronger U.S. dollar and concerns over a weak Chinese economy put pressure on the Yuan. Recent data from China revealed that manufacturing activity fell to a six-month low in August, while growth in new home prices also slowed during the same period. Additionally, the property sector has yet to respond positively to...
During morning trading, the XAU/USD pair is holding around 2500.00. At the end of last week, gold demonstrated a confident upward trend. It was partly supported by expectations of the US Fed’s imminent transition to a “dovish” monetary policy cycle. Analysts have revised their estimates of a possible interest rate cut of 50 basis points, and now, its probability...
TA-35 (Tel Aviv 35 Index) Analysis: Key Dates and Potential Market Movements: 1. September 2, 2024 - Potential Trigger for Conflict: • Scenario: As we approach early September, particularly the 2nd of September, the chart suggests the potential for a significant market event. Given the current geopolitical climate in Israel, this date could coincide with an...
Rheinmetall dipped today due to concerns of the European "far-right" (half of them centrists lmao) wanting peace with Russia in the future. This doesn't change anything for Rheinmetall though. Key facts: - Earnings grew by 21.8% over the 2023. - Earnings are forecast to grow 26.06% per year. - Revenue expected to grow 40% this year. - New deal with Continental...
After a recent 20% decline to $49,000, Bitcoin is currently trading above $57,000, but it might decrease to $51,000. The key support level is $53,500. Bitcoin is again caught in a bearish technical pattern; a closing bullish channel! There are also rumors of a potential attack by Iran on Israel either tonight or tomorrow, which could drive Bitcoin down to...
Working on very preliminary theories of where we could be based on the movement so far. Check out my last analysis from a month ago to see why I thought we were due a major market correction. Theory has us in: Supercycle 2, Cycle wave 1, Primary wave 1, Intermediate wave 2. Assuming we are in the very early stages of a large macro level wave 1 down (Cycle 1),...
The 2/10 treasury yield spread is quickly flattening and an inversion could happen soon. All of the previous yield curve inversions are associated with memorable market sell-offs and recessions. I believe the ripple effect of the ongoing financial and economic sanctions against Russia will end up being the catalyst for the next meltdown. The market conditions...
This is insane. We're in the highest level of fear after 2008 crisis and Covid pandemic. Let's see what will happen.
Following daily chart. Posting before data accouncemnets but.. Political situations can support this breakout easily. Technically, I think, it's coming. TP 2600-2640 SL 2400 Plase check my previous linked Gold analysis.
The war machine keeps turning. Profits will reign. Direxion Aerospace and Defense 3x AMEX:DFEN never fully recovered from pandemic lows, but world peace is (unfortunately) far from reach. The uptrend in the chart has commenced. Personal entry point at $28.00. Target #1 = $37.00 Target #2 = $50.00 Target #3 = $64.00
Hi guys, XAGUSD finally broke up the long-term triangle in daily time frame and unfortunately didn't reach to our favorite support level. We want to buy it for several months and it is very worthy instead of Gold because of far from all time high. Buy it in pullback on triangle line 24-25.5 . TP 50 final TP 75 SL 20 RR 1:5 Write your opinion here. Be success :-)
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 XAUUSD has been overall bullish, trading within the flat rising channel in blue. Currently, XAUUSD is undergoing a correction phase and it is currently approaching the lower bound of the channel. Moreover, it is retesting strong demand zone marked in green. 🏹 Thus, the...
TSLA has been compressing into a multi-year squeeze on the charts. Whether it's the global economy going into a rough patch, the uncertainty of the 2024 US presidential election, or multiple wars happening in the East there seem to be a lot of potential market forces possibly pushing high multiple stocks down for the near future. But Tesla as a company is on...
Stops and liquidity have been hunted above the resistance zone, suggesting that gold (XAUUSD) can continue its downward trajectory towards the $2315 level. The chart shows a bullish trendline, and a break below this trendline will serve as a confirmation for initiating sell positions. This break would indicate a shift in market sentiment, reinforcing the bearish...
Key Points: An analyst predicts gold could drift back to $2,355 if the dollar continues to strengthen. The Federal Reserve minutes revealed discussions about potential further interest rate hikes. Gold prices declined for the third consecutive session on Thursday following the release of the Fed's minutes, which showed some officials favored raising...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 After breaking below the last major low marked in red at $84.5, OIL has been overall bearish , trading within the rising channel in blue. 📈 For the bulls to regain control, a break above the last major high marked in blue is needed. 📚 Meanwhile, OIL would be bearish...