GoldCartel

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On November 5, 2024, the markets made it loud and clear—they’re excited about Donald J. Trump’s return to office. Stocks, the dollar, and other key assets all responded with strong moves that reflect investor confidence in what his policies might bring. Compare this to the last few years under Biden, and the difference is striking. The market barely budged during...

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On July 13, 2024, during a rally in Butler, Pennsylvania, former President Trump survived an assassination attempt, leading to significant market reactions. From the Tokyo session opening on July 14 until July 17, the XAUUSD price surged to 2484, fueled by heightened uncertainty. Trump's first public appearance since the attempt was his speech at the Republican...

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Technical Analysis: Right now, the market's showing signs that might point to a 'cup and handle' pattern in the price charts. For those who aren't familiar, a cup and handle pattern looks a bit like a "U" with a slight dip at the end. Not to get too bogged down in details, but interestingly, in early January 2024, Bitcoin's price hit a ceiling around the same...

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Hey fellow gamers and number-crunchers, gather 'round! 🎮 Big news alert: Rockstar Games is dropping the first trailer for Grand Theft Auto 6 on December 5, 2023! twitter.com Now, for those who live and breathe gaming, no further explanation needed. But hey, to the data lovers and boomers in the house, let me break it down for you. Rockstar is the genius behind...

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When examining the gold price from the perspective of a downtrend rally, it becomes apparent that, up to this point, XAUUSD has demonstrated a rejection of the 38.20% Fibonacci retracement. This occurrence serves as the initial indication that the downtrend's strength remains robust. In the event that the downtrend's momentum subsides, there exists the potential...

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This analysis is only based on the technical analysis of the daily and weekly time frame If you have been following me since years ago, you know that I predicted the September 2020 Rally (chart attached below, and the complete analysis attached link) The incredible rally started on September 2020 and continued until November 2021. It started at 9800 and...

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Finally, DXY reached the 17 Years Resistance. This resistance was tested in November 2005, December 2016, and September 2022. Powell will speak this week, and many incoming high-impact US data this month. The question is whether DXY will break or rejects the resistance ? If DXY rejects this resistance, I reckon it will fall deep to 102, and if DXY breakout...

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My chart shows that potentially there will be incoming big news, either from the US or Europe. What news? I don't know. EURUSD has been crashing since May 2021, approximately 17 months. A potential substantial falling wedge pattern is forming on the weekly time frame (Chart attached below). If the price rejects the bottom falling wedge line, I reckon EURUSD...

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So far, XAUUSD has failed to make an all-time high; the price rejected the triple tops zone at 2060s, then fell deep to the 1980s broke below the rising wedge. The triple top and rising wedge are a strong reversal pattern. Technical chart-wise, the 1950s is the next most vital demand zone, and the bottom wedge line "Yellow arrow" price at 2000s is the most...

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I currently see a large Ascending Broadening Wedge pattern on the H1 Time-frame and a small potential channel. Based on the pattern, I reckon Ninja will potentially retest the bottom wedge line as long as it stays inside the white channel. This week, we need hints from the high-impact incoming US data to decide whether we will buy at the bottom wedge line...

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Currently, I see a potential channel, and the price right now is precisely at the upper channel line. If the market needs a retracement or maybe a reversal while waiting for the NFP data this week, I reckon USDJPY at least has to fall to the Moving Average 50. I don't know if the price will break above the upper channel line; what I know is this price zone has...

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It was a pretty good analysis; the previous analysis predicted the bottom (Click the chart below). My chart shows that potentially AUD/USD will make a retracement to 38.20% to 50% Fibonacci retracement. This analysis is purely based on the technical analysis, without calculating the impact of Russia / Ukraine / NATO. Invalidation: - This analysis fails if the...

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Click the link in the Yellow circle to see the previous analysis. It was a perfect analysis; I predicted that after the Australia open international border news came out (chart attached below). Currently, All eyes are waiting for the US unemployment data, and also Powell will testify later on in the US session. Technically, so far, the price is precisely...

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It was an excellent analysis; EUR/USD reached the third target at 1.147 zones, and right now, it is back to retest the same support at broken major down trendline (Red line). Currently, all market conditions are volatile because of Russia x Ukraine issues; any incoming breaking news could change the market direction. On the weekly timeframe (chart attached...

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I always love to predict the reversal; that's always been my strategy. Currently, gold price gains are likely to be driven by the Ukraine x Russia tensions, and it's all news-driven price action. Based on the technical analysis, 1915-1925 is strong resistance, and it was June 2021 high. If the price rejects the resistance, potentially, gold will reverse, or at...

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I'm not following the Euro news, economy, and politics, but based on the technical analysis, currently, my chart shows that potentially EURUSD has already reached the bottom. The price is now at the broken weekly trendline and the bottom of the potential falling wedge pattern. When the falling wedge pattern is found in a downward trend, it is considered a reversal...

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The US Fed's emergency meeting and Russia Invasion news caused the crazy spiked on Gold, its news-driven price action. Technically, I see an excellent risk-reward ratio to shorting Gold. If the price stays below the red resistance, I reckon Gold at least will fall to the target 1, 2, and 3 to retest the 38.20% Fibonacci retracement. Be cautious of another breaking...

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Currently, the price is retesting the June 12, 2021, and December 5, 2021, Minor trendline. As long as the price stays above this line, I reckon AUDUSD will start to climb to retest the February 25, 2021 Down trendline. However, a breakout below this support, AUDUSD potentially falls deeper to retest June 12, 2021 low at a 0.67 level. Catalyst: - AUD Cash rate -...