I'm projecting that Gold's long-term target for the next swing high area on the monthly chart is likely to be around 2,717.91. This projection aligns with historical data and trends. Additionally, I have identified an area for retracement around 2,168.57, which could serve as a significant support zone in the event of a pullback. Based on current market...
I believe that the current bull run could be the beginning of a few more storms across the world. Bitcoin to sell off from these levels before retracing and then continuing on to the 6 figure levels. $250k is achievable in the next 4 years.
There's a possible neutralisation zone here, price may struggle to push straight through, and could reject nicely from here. Await price action at that level. If price blasts through - then it could potentially be used on the other side as support. As ever DYOR and NFA.
DYOR, await price action confirmations in that level. If price closes strong the opposite side of this level, trade idea will be invalidated.
Potential to grab 1:3 intraday when price returns here - see how price reacts at this zone. NFA, just my opinion, as always DYOR.
Price has held in this point of interest zone, waiting to see if price holds here, would like to see a break of structure on the 15m. Needs a confident close below the trend line also.
Need to see how price holds at this level, and want to see a confident break of the trend line. Lots of high impact news today so be cautious with entries and exits if it does setup. Keep an eye on currency strength at entry.
Waiting to see how price reacts here, confident trend line break needed, and keep an eye on currency strength.
Waiting to see how price holds here. I'd then like to see it breakout of that downwards trendline. I'll be keeping an eye on the currency strength at entry too. SL will go below the low of the breakout candle if it gives entry. There is a chance it could drop a bit lower so will be vital to wait for confirmations first. This pair was also down on our daily...
From my COT analysis, I had this one marked up last week as bearish and hasn't really taken off yet. Let's see how it plays out this week. I don't normally share these publicly, as I produce my report weekly for members but thought I would this week. Let's see how they play out :)
Based on COT analysis. I complete these mark ups every week for members and don't normally share publicly. Let's see how they play out :)
Based on COT analysis. I complete these mark ups every week for members and don't normally share publicly. Let's see how they play out :) No change from our analysis last week.
Based on COT analysis. I complete these mark ups every week for members and don't normally share publicly. Let's see how they play out :)
Based on COT analysis. I complete these mark ups every week for members and don't normally share publicly. Let's see how they play out :)
Based on COT analysis. I complete these mark ups every week for members and don't normally share publicly. Let's see how they play out :)
When price retraces here, expecting price to hold - I'm not entering on a pending order, will await and see if price action respects the zone. Other factors to take into account: - Currency strength - Entry time (should be during London/NY kill zone hours) - Check for high impact news events If price fails to hold here, we could potentially look for a...
Just thought I'd post my idea - I think we are going to see a consolidation/range forming, with some false moves trapping retail long, then sweep the liquidity below the lows before moving on higher. Be interesting to see how this one plays out. Reasons for bias: There's a strong daily complex gap just above current price, I think price will at least show some...
Fundamentals: - Commercials - CoT Report shows increased net long positions at a 52 week high - Rising open interest supports trend continuation (daily downtrend) Technicals: - Daily/H4 order block highlighted - lines up with high volume area, indicating potential reversal. - Currency strength based on RSI also supports weakening NZD against the USD.