We had a week that remained above 2500 with several corrections based on a Fibonacci H4 seeking zones that did not exceed 50% with the price remaining above and seeking 161 which is exactly at 2550, everything indicates that it could be between today and next week which comes as the players held the price above 2500. Observing the H1 chart of XAUUSD (gold) I...
This analysis considers both fundamental data and technical analysis, providing a balance between risk and reward. The previous Target was successfully reached, and the H4 candle, if it does not break the LTA, can be sold looking for 2400 if, when touching this level, the volume is looking for 2395.95 and after that we will probably have a correction, in PVSRA...
Based on current information, the most likely direction for gold appears to be bullish, especially if Fed speeches indicate a lower interest rate environment. In a technical analysis based on PVSRA, expect the price to make a correction up to Dragon without breaking 2354.00 as breaking this level could indicate a greater correction than expected, however if the...
The proposed strategy seeks to capture a short-term upward movement based on resistance breaking and support validation by LTA. It is important to monitor economic data and Fed-related news as it can significantly influence the price of gold.
AUDJPY presents an upward trend after touching an upward trend line for the third time, despite the low liquidity at the beginning of the session, the movement has a good target and may be a little slow, but investors work with purchase intention, maintaining price above Dragon EMA 50 and EMA 200. SL: 104.069 TP1: 104.570 TP2: 104.581
The long-term trend for gold remains positive, with significant support and potential upside targets around $2500. However, short-term technical signals suggest a possible correction. Placing an SL at $2,370 strikes a balance between protecting your capital and allowing room for market volatility. If you decide to hold the position, prepare for a possible...
Good morning everyone, this topic is not to define a target, but to communicate with other traders, I have a vision and would like opinions to create a discussion. I am believing in a high in Gold which seems firmer than a low, some believe it will bounce to 2386 and go up, taking into account the US economy which is in trouble, there may be small dips but the...
Investors showed great interest in purchasing the GBPUSD asset, the price made a movement above the EMA 50 interesting for a purchase. With the opening of a new candle above the price of 1.25369, even with the EMA 200 and 50 slightly lateralized, we have the chance to catch a very favorable distribution for the trade SL: 1.251929 TP: 1.25550 Hello traders! What...
AUDJPY presents an upward trend after generating a new trend based on the PVSRA reading, after breaking the EMA 50 and 200 With strength and notable volume, it retested twice, one of them touching the EMA 200, after which it showed signs of price distribution, As the market is "calm" this week, movement may be smooth until TP, making it possible to do a scalper or...
Ativo returned to the macro trend with notable volume, breaking the POC. There is a high probability of a short-term devaluation following taking into account Dragon, EMA 200 and volume. Remember to pay attention to AUD employment variation in the economic calendar, secure your order using SL. What's your opinion?
The currency had a strong retraction, after last week's event, with that the price reached a high zone, the MM's tried to bring the price down, with notable volume but it held on to the trend, having a retraction in the EMA 200, with the opening of the new session on trend prevailed, with a small pullback to confirm entry. SL: 99.513 TP1: 100.256 (RDH) TP2: ...
AUDUSD after last week's economic events, accumulated and is close to a price distribution process, with notable volume maintained the trend of the asset remaining above the EMA 200 after the opening of the London session again came to test with notable volume resistance, but returned the trend, if the asset moves very slowly give priority to TP1. The asset...
GBPUSD → London session begins with price distribution in favor of the macro trend, with a break in the POC, with this EMA 50 (Dragon) is slightly tilted downwards, together with the EMA 200, which generates a sell entry. You can practice scalping in the same order, which in this case will be TP1. SL: 1.25022 TP1: 1.24722(Scalper) TP2: 1.24589 Hello traders!...
The asset made a trend change on 04/16/2024 with notable volume, after which it tested the POC several times before the distribution process, when making a touch with an attempted breakout, it quickly returned to its trend with volume, after which it seems to have consolidated and will begin the distribution process. We must pay attention to IPC tomorrow, if you...
Currency with notable strength for a purchase, after the false breakout of an upward channel the asset returned to the main zone after holding on to the POC, with notable purchase volume it broke the channel again in favor of the macro trend, above a support zone STRONG. Rising assets in the medium term is an option too!