Gold has been in consolidation for three weeks. This week, I expect Gold to either break below the support level and decline further or possibly break above the resistance level and create a new all-time high (ATH). What is your projection for Gold?
The market dropped back to the strong support zone (100.742) on Friday, then immediately bounced back up. The price is heading back to the minor resistance zone (101.842) before we may see another rejection and a potential retracement down. However, if the level is broken, the price may likely reach the 102.420 key zone area before we see another pullback....
EURUSD 4hr TF I was expecting the price of EU to reach 1.12461 resistance zone before we will see a downward pull back, but because Dollar is bullish at the moment, this caused EU to become bearish. I anticipate that EU will continue the downward trend till it gets to 1.09697 support area
1 Day Time frame Dollar has been bearish for a couple of days how, ever after reaching a major support zone last week, Dollar bounced back from the support and its currently on a minor uptrend Dollar: 4hr Time frame When i spotted the double bottom last week, i knew there is a high probability for dollar to rise from this support. This week, i expect dollar...
Gold 4hr Gold has been consolidating for a couple of days. It has made several attempt to break the resistance and create a new ATH, but it's been a battle the buyers and sellers. Until Gold breaks below 2478.651 keyzone area before I will become bearish on Gold. And if it breaks the resistance and create a new all time high, we could see a mini rally to the...
Gold 4hr Gold has been consolidating for a couple of days. It has made several attempt to break the resistance and create a new ATH, but it's been a battle the buyers and sellers. Until Gold breaks below 2478.651 keyzone area before I will become bearish on Gold. And if it breaks the resistance and create a new all time high, we could see a mini rally to the...
GJ has been in an extended uptrend for a long time has tested the ascending trendline a couple of times which has served as a support to the uptrend. After the impulsive movement last week, price is presently cooling off. A break below the minor support and trendline could indicate a trend reversal to be bearish. However. if price breaks above the upper descending...
Price tested the resistance level twice forming a double top. If price breaks the neckline, and the trendline, I'm looking for a sell. or I wait for the breakout to the upside from this range.
Let's take a look at GBPUSD, Price has been trapped below the keyzone for a while. A slow and week trend. If price breaks the minor trendline, i may look for a sell opportunity. How ever, if price breaks the resistance and stays above the level. I may look for a buy opportunity. What is your bias on GU?
Since the beginning of 2024, EURUSD has been bearish after breaking my daily trendline and changing of character from bullish to bearish. I anticipate that EURUSD will continue the downtrend to the support zone, as long as DXY is bullish as i have analyzed
Dollars has been in an uptrend since the beginning of the year 2024. Though the impulsive leg has been short while the corrective wave has been longer, i expect the continuation of the uptrend if price breaks out of the consolidation to the upside
In March 2023, I predicted that the US500 would experience an uptrend after breaking the bearish trendline that had constrained the price since 2021. The price successfully breached the trendline and underwent a retest. The following analysis resulted in an impressive gain of over 9000 pips. This development is particularly significant for long-term investors and...
Here is a revised version of your text with corrections: Bitcoin has been in an uptrend since the beginning of the year 2023. Despite pullbacks and resistance levels, the price has maintained an uptrend throughout the year, gaining over a 165% increase Year-to-Date (YTD). It has remained the top-performing investment instrument for the year. Anticipation for...
While the Dollar is currently exhibiting weakness and is in a downtrend, it is currently undergoing a pullback at a significant support level of 100.857, which has proven to be resilient in the past. My expectation is for the price to undergo a minor correction before potentially continuing the bearish trend, contingent upon a break of the major support level. On...
In 2023, XAUUSD achieved a significant milestone by surpassing its previous all-time high of 2073.507, set in August 2020, and reaching a new peak at 2148.714 in December 2023. Presently, the price is situated at a major resistance zone. If the price successfully closes above this zone, it could indicate a potential continuation of the uptrend with a retest of the...
As we approach the conclusion of 2023 and transition into 2024, it's noteworthy that EURUSD is currently exhibiting an upward trend, having successfully breached the critical resistance zone around the 1.10447 level. The anticipation is that the price might sustain this positive momentum, with a potential retest of the key zone before continuing the...
As we approach the end of 2023, GBPUSD is currently testing a significant resistance level that has proven to be a formidable barrier in the preceding months. Looking ahead to 2024, my expectation is for the price to breach this resistance and sustain the upward momentum, targeting a level around 1.31328. It's crucial to acknowledge the potential for a rejection...
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