IqbalAhmed786

IqbalAhmed786

banks collapsing is pushing gold up as it is a safe heaven, but the fed is bailing them out which means they will print more money causing more inflation and the only way to save their effort in fighting inflation will be to increase the interest rates even higher. which will crash gold back down.

IqbalAhmed786

This pair seems overdone we are expecting a pullback, mid term sell opportunity at least. Price must stabilise below 170.000 and must create bearish patterns on smaller timeframes. 1st tp would be 165.100 2nd tp would be 161.000-160.500 Once price taps 160.000 it should push back up and make a new high, as long as the yen stays weak. GBP interest rate decision...

IqbalAhmed786

if price breaks below the marked area and changes the sentiment then we can look for shorts also fundamentals are very important for this to happen, gbp must weaken and jpy must gain strenth.

IqbalAhmed786

Gold broke out of a long term bearish trendline and has pulled back to retest it It has also pulled back to the 0.61 fib level so we could get a reaction, We also have to consider fundamentals, So far DXY has been favoured, until we see a change in that, I can't see gold going crazy but as soon as America admits that their economy is in shambles we should see gold...

IqbalAhmed786

After the ECB interest rate hike yesterday gold started it's upwards move which perfectly aligned with the major support at 1680. Next for gold, I expect a long term upwards move considering everything that is going on around the world, The fact that Europe has now decided to rise rates means USD won't keep getting stronger anymore which will force investors to...

IqbalAhmed786

Gold has been on a downtrend for a long time due to USD strengthening, in my opinion the price is being manipulated as the us economy is in shambles and usd is in big trouble. CPI data from June showed no slowing on rising inflation which means we might have another 0.75% rate hike at the end of the month so gold might push a bit lower before the next pump, July's...

IqbalAhmed786

Us30 dropped significantly during the trading session on Friday due to rate hikes plans for May, Jerome Powell has said that he wants to be more aggressive on interest rates. We should see reactions in the market at the levels highlighted. Always do your own analysis and research, wait for confirmations on smaller time frames before entering trades. Good luck to...

IqbalAhmed786

Let's see if this plays out how I expect it to play out. Btc has broken all sorts of supports there's a lot of resistance to break above bulls need to come in in full force

IqbalAhmed786

Bitcoin might be bottoming here and we might see a rally starting Monday be cautious as there's a lot of fud and fear in the market

IqbalAhmed786

Gold went straight to our target it was an amazing trade if anyone followed they bagged 1000 pips

IqbalAhmed786

It needs to test 1800 at least to fill imbalance, Add more layers and bring stop loss into profit once it breaks 1830 and 1810.

IqbalAhmed786

Forgot to post this yesterday but in good profit now could look for retest of any TPS to enter again.

IqbalAhmed786

It’s starting to reject 1750 if it stays about this week it might start it’s new uptrend

IqbalAhmed786

Look for a break of structure on smaller timeframes.

IqbalAhmed786

Buy now move SL in breakeven after it hits tp1

IqbalAhmed786

wait for break and retest

IqbalAhmed786

wait for break and retest

IqbalAhmed786

buy break retest sell break retest