


aleksandr_shirin
Brent oil is moving towards a three-month high at 85 at a cheerful Cavelrian pace, and most likely will reach it in the near future. Now it is much easier for me to imagine a rebound from this level than its breakdown. Therefore, for the time being, I am oriented to sell from 85, of course, if there is a signal to sell.
Recently closed a deal to sell gold. I really hoped that I could wait for a breakthrough of the 1945 level, and I never did. Now I hope I won't miss the next deal.
I opened a deal to sell for 1966. I'm still waiting for 1950. I'll focus on achieving the goal.
I sketched for myself the levels that I will rely on when making a trading decision.
I don't consider myself a big fan of graphical analysis. At least I don't make big decisions based solely on him. That's what I recently noticed - now on the chart, not a "head and shoulders" can form????
Every time before the release of serious macroeconomic data, I have to experience some major expectations. And it often happens that after they are made public, the old expectations seem to begin to dissipate. Now it is difficult for me to determine whether the Fed rate hike had any effect or not. If so, then I can't see it. If not, and everything was expected for...
There is no longer any doubt that gold, as well as a number of currency pairs, indices and stocks, are in the mode of waiting for either the Fed's rate or tomorrow's data on unemployment in the US. Whatever is the object of expectation, I want to share with you one curious hypothesis. Most often, fans of wave analysis talk about this hypothesis, but I heard about...
Now we are waiting for news from the Fed? Most likely, in my opinion, the most tangible movements in the market will occur just then.
Yesterday's deal to sell Brent oil unfortunately turned out to be unprofitable. Closed manually. I think quotes can go up to 85 and in some circumstances it can be even higher.
I still think that the time will come to sell XAU soon. Only now I have moved the key support a little lower than in the previous idea. Now I think that the key level is 1950. It is still difficult to say with the profit-taking level. More details will be known later.
I plan to go short gold if it holds below 1960 in the near future. Profit-taking - 1 level 1945, if it is passed, then the next one will be around 1930.
Gold made a local attempt to grow, but failing to reach the decisive level of 1970, it returns to the middle of the range. Prospects are difficult to predict. If the previous low is broken, then quotes may fall further. So far, the predominance of forces for either growth or decline is not visible.
In my opinion, the growth of Brent quotes was not supported by large players, as a result of which the quotes began to roll down a slope. Sold at around 80.50. A little later we will see what came of it.
I think it will be difficult for oil quotes to stay above $80. At the same time, it will be necessary to pay attention to the mood of the participants - whether they will dare to sell below 80 today - at the end of the week.
I am planning a deal to buy XAU after the breakdown of the level of 1965. Taking profit at the level of 1990.
Citigroup, Morgan Stanley, Goldman Sachs faced a decline in profits. Banks posted their lowest quarterly profits since early 2020 during the pandemic-driven recession. It is believed that the results were affected by the difficult macroeconomic situation.
Brent oil has approached resistance 81. If we manage to pass this mark and gain a foothold above it, then the next obstacle will be level 85.
Selling gold today. So far, I can't say I'm satisfied. One trade was with a small profit. Now the second one is up for sale. The result will be a little later.