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XAG USD ( Silver / US Dollar)

Strifor || GOLD-10/04/2024Preferred direction: SELL Comment: The trading idea for gold , which was given at the beginning of the week, is still relevant in the middle of the week, when the market is looking forward to the publication of US inflation data . For gold , we are considering a medium-term outlook, which is highly likely to work out in favor of the seller. The most likely scenario №1 involves an entry near the level of 2380 . However, it should be noted that taking a short position from current levels is also relevant, but only within the framework of a conservative entry. The target for a fall is at level 2280 . There is potential for a fall even lower. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
OANDA:XAUUSDShort
by Strifor
1
Strifor || GOLD-Week StartingPreferred direction: BUY Comment: Metals continue to be in the top news amid a new all-time high for gold . This metal remains a strong buy-priority at the beginning of this week, and a new high is expected before the long-awaited correction. It should be noted that in the longer term, one can continue to accumulate a short position, following all the rules of risk and money management. Regarding the shorter term and especially the coming week, we will most likely see another strengthening of gold towards the level of 2400 . At the same time, towards the end of the week, after the publication of key data, we can expect the start of a correction. We have targets for the fall at the level of 2280 , but the level may change during the week. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
OANDA:XAUUSDShort
by Strifor
1
Strifor || SILVER-Mid-term viewPreferred direction: SELL Comment: We continue to consider metals as part of medium-term sales, but there is no good reason to enter yet. Of course, one can gain a position with a small volume using a "step by step" system. In the short term, silver and gold are likely to strengthen again. Thus, silver will update the local maximum, and gold will update the historical maximum. The most likely scenario at the moment for silver is a movement towards the level of 28.50 , where we can expect the formation of a short entry point ( scenario №1 ). A more aggressive scenario from the point of view of the current buyer is scenario №2 , where price strengthening can be expected towards the level of 29.00. The target for a fall in medium-term sales as part of a corrective movement is located at the level of 27.00. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
OANDA:XAGUSDShort
by Strifor
1
Strifor || GBPUSD-Week StartingPreferred direction: BUY Comment: Visually, the technical situations for the euro and pound look as similar as possible to each other. Here, too, the buy-priority remains, and the nearest target for this week is located at the level of 1.27000 . The growth potential is even higher, but setting a target above the level of 1.28000 would be a rather aggressive setting. We have indicated the most likely price movement within scenario №1 on the chart. A less likely scenario №2 involves a preliminary re-testing of the support area at the level of 1.26000 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
The third wave! Or five waves and waiting for correction?Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody
EIGHTCAP:XAGUSDLong
by mehdi47abbasi79
gold market 2050 USD expect 15% correction/pullback 🔸Hello traders, let's review 2days/candle gold price chart today. Strong gains recently after breakout of the ATH, currently trading near ATH at 2337 usd. Having said that, based on the price action structure, I expect an interim market-top at neat 2370/2390 usd and a subsequent correction/pullback. 🔸Price structure contained within bullish channel since 2020, defined by a strong sequence of higher lows and higher highs, currently we are closing in on the cycle high, which should be printed near 2370/2390 usd. Projected pullback into golden pocket from 2370/90 until 2050 usd. 🔸Recommended strategy for position traders: wait for confirmation of the interim market top near 2370/2390 and scale into short position, expecting decent correction after we max out near 2370/90. TP bears / position traders is backtest of the golden pocket area at 2050 USD. swing trade setup, patience required. good luck! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
OANDA:XAUUSDShort
by ProjectSyndicate
SILVER BUYING ON DIPS !!!HELLO FRIENDS As I can see Silver is now holding price above the Support zone and looking for more higher high as we can see other commodities has done a big up word rally but silver is still suffering... Technically it is now trading above the support so we are expecting these design levels can be hit easily with a very low risk and higher rewards Friends its just an trade idea shares Ur thoughts it helps many other traders. Stay tuned for more updates!
TVC:SILVERLong
by APEX_TRADING_ACADMEY
SILVER Under Pressure! SELL! My dear friends, My technical analysis for SILVER is below: The market is trading on 26.457 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 25.495 Recommended Stop Loss - 27.009 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
OANDA:XAGUSDShort
by AnabelSignals
1
Strifor || GOLD-NFPPreferred direction: SELL Comment: For gold , we previously gave two setups for sell, and one of them is already in work (scenario №2) . However, against the background of the upcoming potential volatility (NFP) , as well as the short-term weakening of the US dollar , most likely, it is at the very moment of the release of data on the US labor market that we will see a new maximum for gold in the region of 2350 . It is in this area that we are considering an additional level for entry into short (scenario №1) . This scenario is the most likely in the near future. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
OANDA:XAUUSDShort
by Strifor
5