Symmetrical Triangle/Wedge: The price is moving within converging trendlines, indicating a period of consolidation with lower highs and higher lows. This typically points to an upcoming breakout, either upward or downward, depending on market momentum. Trend: Bearish Projection : The red dotted line suggests a bearish expectation, where the price is predicted...
Current Price: $2625 Expected Short Entry: $2635-2640 Stop Loss: $2655 Take Profits: $2615, $2600, $2580, $2550, $2535 Technical Overview: Gold has recently reached an all-time high of $2625, showing significant strength. However, based on my analysis, there’s a clear trendline resistance around the $2635-$2640 zone. I expect a pullback from this area, making...
Current Price: 2578 (All-time high) Previous Resistance: 2530 (Now acting as support) Bullish Scenario: If 2530 holds as a strong support, we can expect a pullback from this level. Possible upside targets: 2600 2650 2700 Bearish Scenario: If 2530 breaks as support, the next downside targets could be: 2500 2490 2470 Watch for how price behaves around 2530, as...
Gold Selling Momentum: A Strategic Opportunity Ahead As we observe the current market trends, it's clear that gold selling momentum is building. This shift presents a strategic opportunity for those looking to optimize their investments. Stay informed and consider adjusting your strategies to capitalize on this evolving trend. For detailed insights and...
Gold is currently trading around $2505 and may soon drop below $2500, with potential targets at $2490, $2480, and $2474. our accurate analysis and engagement are appreciated. Keep up the great work!
Technical Analysis: On the 4-hour timeframe, there’s a supply zone between $2,490 and $2,480. The primary scenario is bearish, but if the price breaks above $2,520, that scenario would be invalidated. Immediate resistance levels are $2,512 to $2,516, while support lies around $2,491 to $2,480. A potential resistance area is $2,524 to $2,528. The swing range is...
Technical Analysis: On the 4-hour timeframe, there’s a supply zone between $2,490 and $2,480. The primary scenario is bearish, but if the price breaks above $2,520, that scenario would be invalidated. Immediate resistance levels are $2,512 to $2,516, while support lies around $2,491 to $2,480. A potential resistance area is $2,524 to $2,528. The swing range is...
Current Price: 190.400 Outlook: Bearish Reasons: - The pair has broken below the key support level of 191.000, indicating a potential downtrend. - The Relative Strength Index (RSI) is below 50, suggesting bearish momentum. - The Moving Average Convergence Divergence (MACD) is showing a bearish crossover, indicating a potential sell signal. - The pair is trading...
Current Price 2499 Timeframe: As seen on the 1H Chart A clear Trendline Has Formed I am Expecting a Bearish move. Target Price: > TP1: 2490 > TP2: 2480 > TP3: 2470
Clear Bearish Move Expected: Entry 2524-2530 Targets 2520, 2515, 2500
Preferred: Long positions above 2454.00 with targets at 2477.00 & 2485.00 in extension. Alternative: below 2454.00 look for further downside with 2445.00 & 2434.00 as targets. Comments: the RSI is mixed and calls for caution. Important Points Last 2461.00 Pivot 2454.00 Resistance: 2500.00 2485.00 2477.00 Support: 2434.1 2445.00 2454.00
hello traders as we saw gold reached all time high and trading in the channel i am expecting a long term sell from 2214-2220 area stoploss will be 2232 and take profit 2170-2140 gooood luck traders ...
GBPJPY experienced a peak at 193.500 before declining to 190.500, with the current price at 190.790. The expected trend line price is projected to be around 189.000. This indicates a downward trend in the pair, but further analysis considering factors like market sentiment, economic indicators, and geopolitical events would provide a more comprehensive...
Gold - Current market price: 2165 - Trend line in the 30-minute chart: 2174 - Short entry point: 2174.78 - Take profit levels: 2165, 2160, 2142 This suggests a bearish outlook, aiming to capitalize on a potential downward movement from the identified short entry point towards the specified take profit levels.
Gold is currently trading around $2164 and may soon drop below $2155, with potential targets at $2145 2130. please support me with your likes and comments and share your opinion thanks.