Market-Mentor

Market-Mentor

📉 Priority direction: Down . 📝 Description: The level of $98.55 for oil (where it is now) is a good entry point to sell. Sellers increase their pressure to the indicated level and this trend is likely to lower the price to the $96 support in the short term. In the medium term, the positive mood remains so far. -------------------------- Thank you for your...

Market-Mentor

📉 Priority direction: Downward . 📝 Description: Sales dominate the market for metals and probably in the near future gold will be in the range of $1715 - $1736. Of course, it is best to open deals from the dorders of this range, but priority is given to sales. There are suggestions that the instrument is aiming at a test of the important $1700 level....

Market-Mentor

📈 Priority direction: Up . 📝 Description: The metal is trading near the $1736 resistance in an attempt to recover. A good entry point is currently not observed and observation is preferred more. An approach to the area near $1743 is expected. Holding above this level, buyers will be able to secure another attempt to break through the $1752 level....

Market-Mentor

📈 Priority direction: Up . 📝 Description: The fall on Friday sent the price of the metal as much as $35 down. A big shake-out of buyers brought the price to the level of $1720. The best thing for now is to watch the instrument. Probable long is at the support level of $1715. It is expected that in the near future the price will tend to the level of $1736....

Market-Mentor

📉 Priority direction: Down . 📝 Description: The pressure on the euro is likely to continue. Level 0.99125 will be tested by sellers. Before the start of the test of this level, there may be a small recovery, which is likely to be limited to the resistance level of 0.99995. -------------------------- Thank you for your support, subscribe and share your ideas...

Market-Mentor

📈 Priority direction: Up . 📝 Description: Oil is in the resistance area near the $100 level, trying to break up. The medium-term view is directed upwards, however, there is a possibility that the instrument will not break through the indicated resistance immediately and before that it will roll back to $98.55. The target for growth is the level of $104 and...

Market-Mentor

⬜️ Priority direction: Neutral . 📝 Description: Today is passing in a neutral mood due to the upcoming speech of Fed Chairman J. Powell, who will be listened to very, very carefully by all traders and especially investors. From this event will hang in which direction the market will go in the next month or two. There are prerequisites for sales, but today it...

Market-Mentor

📉 Priority direction: Down . 📝 Description: Most likely, for some time, the pound "stuck" in the balance of 1.17547 - 1.90000. The price is currently at the top of this balance sheet. Given the local downtrend, preference is given to sales. The target of the fall is the level 1.17610. -------------------------- Thank you for your support, subscribe and share...

Market-Mentor

📉 Priority direction: Down . 📝 Description: Already today, the metal is trading at $1764, thus being at the local resistance. Probably here the promotion of buyers will slow down a little or stop altogether. Most expected is a stop at current levels and consolidation. -------------------------- Thank you for your support, subscribe and share your ideas here...

Market-Mentor

📈 Priority direction: Up . 📝 Description: Slight growth is expected for the indices today. According to the DowJones index, the level of 32830 acts as a support, and a little lower is the support at the level of 32600. It is best to consider the targets for this transaction at the level of 33100. -------------------------- Thank you for your support,...

Market-Mentor

📈 Priority direction: Up . 📝 Description: Gold worked its way up to $1752 in yesterday's trading day, and today it is expected that buyers will continue to regain the initiative. In the near future, it is expected to update the highs, that is, the price will rise above $1752 and will strive to gain a foothold above this level. In addition, attention should be...

Market-Mentor

📈 Priority direction: Up . 📝 Description: There is interest in oil around the $95 level (on average) and most likely further events will develop above this level. The approach of the level to $98.55 is expected. Globally (medium and long term) as long as oil is above $91.70, buy-priority to $100 and above remains. -------------------------- Thank you for...

Market-Mentor

📈 Priority direction: Up . 📝 Description: Yesterday's dive down the metal under $1736 allowed to open long positions only after its recovery above this level. For now, the buy-priority remains, however, any close below $1736 automatically creates the threat of a fall to the support of $1715. -------------------------- Thank you for your support, subscribe and...

Market-Mentor

📈 Priority direction: Up . 📝 Description: The euro is once again close to the parity level. Approach to this level is almost inevitable and a recovery from this value is also very likely. One should not look too high yet, the resistance area near the level of 1.01215 is now considered as a maximum for this. -------------------------- Thank you for your...

Market-Mentor

📈 Priority direction: Up . 📝 Description: The metal continues to be under selling pressure since the end of last week and an approach to the $1736 level is very likely now. The price area around this level acts as a support, thus, it is logical to expect some kind of stop in sales and some kind of upward correction. The mark at the level of $1752 is still...

Market-Mentor

📈 Priority direction: Up . 📝 Description: The price of oil still broke through the resistance line, which was indicated yesterday, and yesterday's alternative buy scenario automatically worked. Today and in the near future, growth is expected to continue towards $98.55. There is resistance at the levels of $96-$97, and as a result of passing the indicated...

Market-Mentor

📈 Priority direction: Up . 📝 Description: Yesterday's spruce at the level of $1752 was successfully reached and now it is expected that the fall in the metal will stop and we can expect the price to approach $1764. At this level, there is a resistance line of the downtrend channel. Volume analysis also confirms the moment of pause for the fall. There are...

Market-Mentor

📊 Since mid-June, market participants have witnessed the recovery of the stock market, that has dipped significantly after the aggravated geopolitical situation and rising interest rates. The S&P500 index reached $4300 and is now testing serious resistance (resistance line). After a very impressive recovery, the rally in the market may stall due to increased...