The overall trend is one of decline Gold began the week by setting new all-time highs, with the latest at 2644. However, the bulls appear to be losing momentum, and the recent rise has formed a small rising wedge, which suggests a potential pullback. In conclusion, while the medium-term outlook remains very bullish, in the short term, I’m looking to sell in...
If you are optimistic, please continue to be optimistic! In the 1D timeframe, a few days ago the price broke an insignificant trend line; If the bulls are strong, they can break an important trend line in the range of 68000 in the next few days, but if they do not have much strength, they will gradually break it in the range of 67500-68000; There is a...
Current Price: $2655 Stop Loss: $2675 Take Profits: $2640,$2615, $2600, $2580, $2550, $2535 Technical Overview: Gold has recently reached an all-time high of $2670, showing significant strength. However, based on my analysis, there’s a clear trendline resistance around the $2670-$2680 zone. I expect a pullback from this area, making it a strong...
The overall trend is upward! WTI Crude Oil is neutral on the 4H technical outlook (RSI = 51.729, MACD = 0.500, ADX = 25.961) as it pulled back to the 4H MA50 intra day. The fact that it held, suggests that it remains the short term support of this uptrend that is targeting the 4H MA200 (TP = 72.50) where so far we have had three straight rejections since August.
The overall trend is upwards! The inside bar breakthrough upward, and form a demand zone at 4H. Buy: 144.05 TP1:145.592 TP2:147.247 SL: 142.014
Hello, friends Markets are undecided whether the Bank of England will hold, or cut rates by 25bps on Thursday, raising the potential for GBP volatility which has put the FX options market on high alert. The FX volatility upon which FX options thrive is an unknown, yet key parameter of their premium, so dealers use implied volatility - their best guess....
Based on my previous analysis, I believed that as long as Bitcoin stays within the bullish channel 📈 on the 4-hour time frame, it could continue its strong upward trend towards the next targets: Within the 4-hour bullish channel, there are three key support levels that could stop the current decline and trigger a new upward movement 🚀: First Support Level:...
Hello, friends I have been looking for signs that prices are turning bearish, but there is no clear end in sight. I suspect the price may be moving towards a range. I pay close attention to the scalp trading dynamics of the London market, but do not expect much volatility until the end of the month.
Time to buy!! EURUSD showing the tendency to fly high towards the level of 1.3000. The Pair is expected to retest the levels of 1.1110 before moving towards the 1.3 zone.
Gold begins to Fall Gold formed a supply zone at 1H chart, and begins to fall. Therefore, try to SELL Gold around 2638 TP1:2624 TP2:2613 TP3:2602 SL:2650
GOLD... perfect move as per our prediction. And now market have one n single resistance area that is 2635 Keep close that area and stay sharp. If market holds 2635 in that case you can see a drop below and one thing is keep mind that 2635 above we have cut n reverse stop. Good luck to you!!!
HELLO TRADERS EUR/USD surged to a fresh September high after the Federal Reserve surprised markets with a 50 basis point rate cut on Wednesday, sending risk appetite into high gear and sending traders scrambling to hit the buy button. Further upside in EUR/USD is likely to face initial resistance around the September high of 1.1189 (September 18), before moving...
Hello, friends Today's short-term operation strategy for gold is to short on rebounds and long on pullbacks. The short-term focus on the upper side is the first resistance level of 2588 and the second resistance level of 2600. The short-term focus on the lower side is the support level of 2556-2545. Today's short-term operation strategy for gold is to...