ProjectSyndicate

ProjectSyndicate

🔸Hello traders, today let's review day/candle price chart for spot silver. strong recovery in progress currently, limited downside and bulls maintain strategic advantage. 🔸V-shape recovery in progress, also potential bullish IHS setup (required confirmation). right now we triggered mild overhead resistance near 25 usd and therefore expecting short-term pullback...

ProjectSyndicate

🔸Hello traders, let's review the 12hour chart for USDCAD today. We are locked inside trading range recently, currently this swing is getting overextended on all timeframes, therefore expecting limited upside going forward. 🔸Trading range is defined by range highs at 3740 and range lows at 3320, premium prices overhead at 3800 and 3880 and below at 3240 and 3180....

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🔸Hey guys, today let's review the 8 hour chart for UK oil . Any upside is limited by strong overhead resistances, currently weak bounce in progress, however most likely bears will take over from overhead. 🔸Strong resistances will cap upside at 84.00 usd / 86.00 usd. right now locked in tight trading range, however expecting final pump to trigger overhead stop...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 4hour chart for GBPUSD today. Nice pump off the lows recently, however upside capped/limited by heavy overhead resistance near 2700/2720. 🔸Downtrend defined by a sequence of lower highs, 2760, 2740, 2720 in progress, right now I recommend to focus on shorting any rips/rallies towards heavy resistance. 🔸Recommended strategy for...

ProjectSyndicate Updated 

🔸Hello guys, today let's review daily price chart for eurusd. Ongoing accumulation in progress since 2023, strong chart overall. Trading in well-defined range since Jan 2023, therefore it's best to focus on trading near range highs/lows. 🔸Range lows defined at 0640 , range highs set at 0960, premium prices overhead at 1020 and 1080 and premium prices below at...

ProjectSyndicate Updated 

🔸Hello traders, today let's review 4hour price chart for gold. Extended bear impulse in progress, fractal will target re-tests of 1960/1970 usd. 🔸Recent downtrend is defined by repeat sequence, currently weak bounce expecting re-tests near 2030/2035 usd max, and continuation of the correction. 🔸Recommended strategy bears: short sell from overhead resistances...

ProjectSyndicate Updated 

🔸Hello guys , today let's review daily price chart for gold. All previous setups that I've posted already hit TP, congrats if you followed. 🔸DUMP fractal in progress, it's the same distribution/dump fractal that resulted in heavy corrections in 2022/2023. On the left we got the current price fractal, on the right past dump fractals from 2022/2023. 🔸Based on...

ProjectSyndicate Updated 

🔸Today let's review the 8 hour chart for US oil . Noteworthy bounce in progress after accumulation near lows, however currently getting overbought, we are closing in on a cluster of stop losses / heavy overhead resistance. 🔸XABCD structure is defined by point X at 70 usd, point A at 78 usd, point B at 72 usd, point C at 79 usd, point D at 68 usd. speculative...

ProjectSyndicate Updated 

🔸Hello traders, this is 8hour chart of UK100. Recently trading in well-defined trading range, risk/reward flipped in bears favor after we got rejection near range highs, therefore recommend to focus on sell setups. 🔸Range highs set at 7660, range lows set at 7350, premium prices overhead at 7700 and 7750, below at 7250 and 7300. Trading now near range...

ProjectSyndicate Updated 

🔸Hello traders, today let's review 8hour price chart for gold. Downtrend in progress currently, rejected from overhead resistance at 2055 usd, weak bounce got sold. 🔸Recent swing lower started once we got rejected at 2080 usd on heavy volume, bears took over, currently I recommend to focus on short selling rips/rallies, upside is limited/capped by 2055...

ProjectSyndicate Updated 

🔸Hello traders, today let's review 2daily price chart for gold. Heavy rejection from strong overhead resistance near 2075, sliding S/R contained the bull run once again. 🔸2015/2020 usd weak horizontal S/R price level, once bears take it out expecting strong sell side pressure to accelerate, targeting 1950 and 1900 usd. 🔸While the gold price chart looks strong in...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 2 hour chart for GOLD today. Ongoing distribution in progress since January 2024, currently locked in trading range. 🔸Final pump in progress, however strong overhead resistance overhead will likely contain any further gains, therefore risk/reward will shift in bears favor as we close in on resistances near 2050 usd. 🔸Recommended...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 8hour chart for EURUSD today. Recently heavy rejection from overhead resistance at 1100, now trading near 1000, limited upside going forward and expecting more losses in this market. 🔸Price control line in red previously price was supported at 0575 and 0720, however we got a clean breakdown at 0885 and subsequently price was...

ProjectSyndicate Updated 

🔸Hello traders, here's a short-term gold market update, this is 2 hour price chart. recently price action is contained within well-defined price range. 🔸Range highs set at 2050 usd, range lows set at 2015 usd, premium prices overhead at 2055/2060 usd, below at 2010 usd. currently trading at 2033 usd near mid-range, no trades recommended in mid-range. 🔸Short-term...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 8 hour chart for GBPNZD today. Expecting reversal after we hit strong overhead resistance at 2.0900. currently risk/reward shifted in bears favor. 🔸previously V-shape recovery completed at 2.0900, however right now bears will likely take over in this market. below bears will target mirror s/r level at 2.0300. strong risk/reward on...

ProjectSyndicate Updated 

🔸Today let's review the daily chart for crude oil . Recently price action contained within well-defined range trading zone. therefore it's recommended to focus on buying low near range lows. 🔸Strong horizontal support at 67 usd is a great entry point for a swing trade setup for the bulls, short-term expecting more losses, however downside will be capped by the...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 2 hour chart for EURUSD today. Risk/reward shifts to BEARS favor currently, since bulls were unable to push beyond 0900 S/R, right now distribution in progress, compression into bear flag. 🔸Short-term price action locked in tight range, bears should focus on short selling rips/rallies toward 0900/0920. We are slowly building up a...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 2hour chart for GBPUSD today. Recently price was locked inside accumulation/distribution trading range since December 2023. 🔸Trading range is defined by range highs at 2750 and range lows at 2640, premium prices overhead at 2775/2795 and below at 2625/2605. 🔸Recommended strategy for GBPUSD bears: short sell rips/rallies near...