If you’re planning a **sell entry at 2630** for gold, here’s a detailed plan for your setup: --- ### **Sell Entry at 2630** #### **Rationale for 2630 Entry**: 1. **Resistance Zone**: - 2630 is a psychological and technical resistance level where sellers might dominate. 2. **Overextension**: - If gold reaches this level after a strong upward...
Here’s an analysis of the DXY on the 1-hour chart, with your updated target of 107.100: Current Analysis Trend Overview: The dollar index (DXY) is in a clear downtrend on the 1-hour chart, forming lower highs and lower lows. Momentum indicators like RSI are likely staying below 50, reinforcing bearish sentiment. Key Resistance Zone (108.100): This is the...
According to the 1h analysis, I'm personally looking for a selling opportunity from the resistance area near 2620.00 & 2622 Targets:- 2608.00 CAPITALCOM:GOLD
I am currently monitoring the market for a sell entry based on my analysis of the 1-hour chart. Entry Point: Around 108.100 Target Price: 107.100 Potential Move: 100 pips downward TVC:DXY
CAPITALCOM:GOLD - **Sell Entry**: 2639 - **1st Target**: 2619 (Profit: 20 points) - **2nd Target**: 2606 (Profit: 33 points from entry) For better risk management, consider setting a **stop-loss** above a nearby resistance level (e.g., 2645 or 2650, depending on volatility).
Here’s a structured plan for managing two buy positions on the DXY: --- 1. Entry Plan First Buy Position: Entry: 107.000 Likely Reason: Anticipation of strong support at this level, possibly near a significant technical or psychological level. Second Buy Position: Entry: 107.830 Likely Reason: Market reversal or breakout confirmation at this higher...
According to the 1h analysis, I'm personally looking for a selling opportunity from the resistance area near 2610.00 & 2615 Targets:- 2590.00 / 2680.00 / 2570 CAPITALCOM:GOLD .00
According to the lower timeframe, I'm personally looking for a selling opportunity from the H1 resistance area because it's a major zone for sellers. Now the price consolidating between the parallel channel, but we can expect, it will break the resistance and move towards the major resistance area. But if the price successfully breaks our channel downside, then...
1. If the Dollar Breaks Out Above Resistance This scenario indicates bullish momentum, meaning the dollar could strengthen further. Implications: Continuation of Uptrend: Breaking resistance often signals strong buying interest or positive sentiment. Next Target: The price may move toward the next resistance level or a new high. Market Sentiment: This could...
According to the 1h analysis, I'm personally looking for a selling opportunity from the resistance area near 2653.00 & 2656.00 Targets:- 2625.00 / 2614.00 / 2605.00 Don't place any advance orders for now. Use good bearish confirmation for the entry. Remember one thing if the price successfully closes above 2665.00, then stay away from selling. CAPITALCOM:GOLD
Short-Term Targets for Gold After Breaching $2,650 1. Immediate Downside Targets: $2,600: Minor support level; likely to be tested soon. $2,575–$2,550: Stronger support zone; potential area for profit-taking or reversal. $2,500: If momentum remains bearish, this could be the extended target. 1. Entry Point: Enter a sell position $2,650 2. Profit...
Gold is indeed showing a short-term bullish trend, supported by both technical and macroeconomic factors. Here’s an overview: Current Market Dynamics 1. Price Levels: Gold is trading around $2,658 per ounce, near its recent highs. This sustained price indicates strong market demand. 2. Technical Indicators: Support Levels: Gold has held above key support at...
It looks like you're planning to sell Bitcoin (BTC) around 103,500 with target price levels of 97,000 and 102,000. Here's a breakdown of your trade plan: Sell Position Details Sell Entry Price: 103,500 Target 1: 102,000 (short-term target) Target 2: 97,000 (longer-term target) Risk Management Set a stop-loss to manage risks effectively. For example, if BTC...
1. Buy Zone: 2685 CAPITALCOM:GOLD (entry level) 2. Target: 2713 (27-point profit potential) 3. Stop Loss (Recommended): To manage risk, consider placing a stop loss below 2680 or at a level based on your risk tolerance and market volatility. 4. Risk/Reward Ratio: Calculate based on your stop loss to ensure it's favorable (e.g., at least 1:2).
As of the weekly time TVC:DXY frame, the U.S. Dollar Index (DXY) is trading around 106.59, which places it in an important Fibonacci retracement zone. Here’s an analysis of its current position: Current Position on the Weekly Chart (DXY at 106.59): 1. Fibonacci Levels: 50% Fibonacci Retracement: The current level at 106.59 is near the 50% Fibonacci...
Gold Breaches Trendline: Bullish Continuation Expected Gold's breach of the trendline indicates potential for higher prices. Here's an actionable breakdown: --- Current Trend Overview Breakout Confirmed: The 4-hour candle closing above the trendline confirms a bullish breakout. This signals buyers are in control, and higher levels are now...
The US Dollar Index (DXY) is currently trading around 106.70. On the 4-hour chart, DXY is testing a resistance TVC:DXY zone near 107.00–107.13, which aligns with the 61.8% Fibonacci retracement of a prior move. If this level is breached, the next target could be 107.50 or higher, signaling a continuation of the uptrend. However, failure to break above this...
Gold currently trading near its resistance level could lead to two possible outcomes: 1. Breakout Above Resistance: If gold's price moves above its current resistance level with strong momentum, it signals a bullish trend. Traders would then watch for the next resistance zone, which may act as the next upward target. 2. Rejection at Resistance: If the price...