ThePitTraders

ThePitTraders

Gold has been moving up and has been reporting gains. The COT report suggests so but we are seeing an increase in short positions by the non commercials. Retails traders have been short as price was climbing. they are now 77% short. We are going to wait for price to reach a demand area on lower time frames, and we get in long targeting weekly TF supply...

ThePitTraders Updated 

Gold will make a move higher to 4hour supply area. We will see institutions put more shorts on the COT Data. We will also see the Retail positions move to bullish.Then we can take profits and look for a move lower

ThePitTraders

Gold has contacted a daily demand area and has reacted from it. Currently it is creating a move to the upside. Our targets are on fibs extension level 123.

ThePitTraders

US30 is currently at supply levels. We are expecting a move lower to daily demand. Long term, it looks like the US30 will be in a daily range.

ThePitTraders Updated 

Gold is setup top continue moving higher to supply levels. Gold has been extremely bulish from last week.

ThePitTraders Updated 

Us Oil is continuing on its way to the next supply level. The US oil will first look for 1 hour demand zone before continuing upwards. RSI is approaching a trendline.

ThePitTraders

Nas100 has been in a bullish cycle, so we expect the move to continue after taking a short break. Nas 100 is sitting at daily demand zone and 4hr demand zones.

ThePitTraders

Gold is at a demand level and ready to move up. Gold has been ranging for a while and needs to leave a bias.

ThePitTraders

Nas is currently at HFT Supply zones. Price should reverse to demand levels

ThePitTraders

Higher time frame supply in play, and banks are using it to offload their long positions. price need to retrace to demand areas at this point.

ThePitTraders

XRP will reach 1 dollar per coin before the end of May 2021

ThePitTraders

Gold is currently at Monthly at supply levels, and has broken the weekly aggressive uptrend. Looking forward to a (100% or even more) reversal move

ThePitTraders

aud jpy is at supply levels

ThePitTraders

XRP has received buying pressure before December 2018 ended. A pull back to demand levels for second entry is seen, awaiting the dollar to start on its down trend during quantitative easing 4.

ThePitTraders

xrp has reached 4hr demand zone and has broken descending 1hr trendline.

ThePitTraders

Gold Short entry filled

ThePitTraders

XRP fundamentals as well point for an upward movement.

ThePitTraders

Trade war and tariffs with rising rates are keeping the US dollar rise