ElenaMayi

ElenaMayi

Gold prices edged lower on Wednesday as caution prevailed ahead of the U.S. consumer price inflation report that could provide more clarity on the Federal Reserve’s interest rate trajectory. Currently, the price is above the 2666 level, supporting a rise towards the upper channel trend. However, for the price to move higher, a breakout above the channel trend is...

ElenaMayi

The SPX price has stabilized within the sensitive zone between 5,872 and 5,806. We anticipate that the price will rise briefly to correct towards 5,872 before falling sharply to reach 5,806, and potentially drop further to 5,750. An uptrend is likely to commence only if the price stabilizes above 5,872, particularly if it crosses the critical range between 5,997...

ElenaMayi

Yesterday, the price fell significantly and is now trading below 20,880. Today, we expect the price to decline from 20,880 to below 20,540, after which it may fluctuate between 20,540 and 21,190. For the bullish trend to continue, the price should rise above 20,880, particularly if it can break through 21,215. Keys: 20880

ElenaMayi

Yesterday, the price rose sharply and is currently trading above 20880. It appears that the price will move towards the sensitive zone between 20800 and 21215. For today, we should wait for the price to rise towards around 21215, from where we expect a decline back to 20880, and crossing this level will touch the 20190. However, if the price breaks above 21215...

ElenaMayi

The price has formed a descending channel once again, and trading continues within it. Today, there is a brief upward movement before it declines, potentially breaking through the 2666 level. Currently, the price is above the 2666 level, supporting a rise towards the upper channel trend. However, for the price to move higher, a breakout above the channel trend is...

ElenaMayi Updated 

Generally, the direction is uptrend Uptrend Side: The price has continued a tread above the resistance zone at 157.63. the price will encounter the trendline of the progress channel. A confirmed breakout of the channel, marked by the closing of a 4-hour candle, would likely propel the price toward 159.24. Downtrend Side: A strong barrier is in place, potentially...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: We are currently experiencing a strong bearish trend, with the price trading below the 5794 level. It is possible that the price may correct upward toward this level. However, if the price manages to break through the 5794 level, it is likely to continue rising further, potentially reaching the 5872...

ElenaMayi

Generally, the direction is uptrend Uptrend: The market shows strong bullish momentum above $77.02, now a key support. A retest of this level is expected; if it holds, the price may rally toward the resistance zone at $78.69–$82.24, confirming the uptrend. Downtrend: Failure to hold $77.02 during the retest could signal bearish sentiment, with a drop to...

ElenaMayi

Gold prices were flat on Monday as a stronger-than-expected U.S. jobs report reinforced the Federal Reserve’s cautious stance on rate cuts, while uncertainty surrounding the incoming Trump administration’s policies continued to fuel safe-haven demand. Generally, the direction is uptrend Uptrend Side: The price has remained outside the channel, with a key...

ElenaMayi

VARIOUS TYPES OF TRADING STYLES Types of Trading Styles and Influencing Factors A trading style refers to the set of methods and preferences a trader employs to initiate and execute trades. The selection of a trading style is influenced by several factors, including: FACTORS INFLUENCING TRADING STYLES A trading style encompasses the methods and preferences a...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: The price has broken above the regression channel, signaling a bullish trend for today. If the 4-hour candle closes above this level, it confirms the breakout. Our immediate targets are 2701 and 2732. Correction: The price may decline to move within the channel before initiating a potential rise. Downtrend Side:...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: For today, we anticipate that after reaching the support level at 5,871, the price will begin to rise, potentially crossing 5,938 and moving further upward to surpass 5,997. Downtrend Side: A break below the 5,871 level, confirmed by the closure of a 1D candle, is necessary to signal further decline, potentially...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: The price is currently trading within the demand zone, indicating that this area may serve as a foundation for a potential price increase. It is expected to break above the 21,215 level, followed by further upward movement towards 21,415 and potentially reaching 21,615. Downtrend Side: the price should break the...

ElenaMayi

The price is attempting to trade above 2664, which may result in a rise to reach the upper boundary of the trend channel. However, this trend is expected to drive the price below 2664. As long as the price remains below this level, a bearish trend toward 2640 is anticipated. Conversely, breaking through the channel and stabilizing above it will confirm the...

ElenaMayi

The anticipated corrective rise is expected to approach the 2664 level or possibly the upper boundary of the prevailing trend channel, as these represent significant resistance zones. For today's trading session, price movements are likely to fluctuate between 2664 and 2640, with a stronger inclination toward a bearish trend. Our projection leans toward continued...

ElenaMayi

summary: Today we will be facing the bearish trend from the resistance of 75.47. For an uptrend to develop, the price must break above 75.47 to rise towards the 78.54 level. However, the bearish trend remains active as long as the price stabilizes below 75.47. This level is likely to push it toward 73.59 and below 71.57. Bullish target: 75.47, 78.54 Bearish...

ElenaMayi

Summary: The SPX price has stabilized below the zone of 5,938 and 5,997, which serves as a strong resistance area, supporting the bearish trend. Uptrend Side: A breakout above the 5,938 and 5,997 zone would need a 4-hour or daily candle to close above these levels to confirm the upward move. This is necessary because such a close would provide confirmation that...

ElenaMayi

Summary: The US NAS100 is currently trading within a critical range between 21,615 and 21,215. It is advisable to wait for a decisive breakout in either direction before determining the market's next move. However, the prevailing sentiment suggests a higher likelihood of a bearish trend. Uptrend Side: A breakout above the resistance level of 21,615 requires a...