looking out for this to play out, ATH levels, somewhat stronger USD market
technical sell based on retracement to the 60% fib level and at ATH
Gold sells from all time highs looking to take profit at 100 pips and leaving the the rest to run
Powell came out dovish today with talks of impending rate cuts. which made gold really bullish . came up to a 79 fib level and a 4 hrs supple zone. as it's Friday, there not much momentum to break current highs, looking for a sell , taking first tp at 2500 and moving stops to breakeven. this is a short term sell
looking for buys from this previous highs after good us data today to run . might possibly get a sell from target area but would be taking 50% off at 100 pips and moving stops to breakeven
reaching an all-time high, this is a high risk trade so I'm risking really low, but I'm looking for a sell from this resistance on a lower time frame to reach lower for better buys, gold is still bullish, rate cuts are still in the plan and Usa economic data is not so encouraging
looking for golds sells over the positive us unemployment claims, etc. giving way for a rate cut. looking more like market is come to 2420s as per last support before buying, setting up again rate cuts
Market bias is negative on the day with bonds and yeilds down. market broke the previous day high to currently waiting for a retest of the marked level to take a sell
NY gave retracement sells, back onto the range, looking for continuuation buys
Bond yields are positive and on the the uptrend, strength in GBP hence the buy bias
Current market sentiment is negative with GBP bond yeilds and equities on the negative for the day so bias for the day is a sell.
BOE was out with a 25bps rate hike leaving a hawkish tone, worries for inflation are still paramount. UK bond yield is in an overall uptrend but negative on the day, Uk equities are also in an overall uptrend but ranging currently, market sentiment is somewhat risk-off. bias for the day is sells. waiting for a retracement to 155.200 range stops above 155.350 and...
Market is still ranging maybe due to the BOE meeting tomorrow however, UK bonds are negative on the day also ranging. bias is a sell in the range
The market has been somewhat ranging today, however, UK bonds are negative, despite positive manufacturing news earlier today, UK equities has changed less than 1% on the day. Bias is sell, looking for sells around 154.900 - 155.000 stop loss around 155.050 and TP at 154.200.
Friday, no major GBP news, bonds are positive however equities are lagging. Risk-on mood today, bias is towards buys
Market awaiting FOMC conference later today currently UK bonds and equities 1% up today however at a significant sell zone, technically market is testing a 4hr sell zone in a bearish trend.
Risk is still off with equities and UK bond yields negative for day. so I'll be looking for sells based on analysis shared.
Not much fundamentally, UK equities and bond yields are in the positive indicating a risk-on environment, technically, yesterdays candle closed as a rejection, 4 hr candle printing higher highs. a retracement to the highlighted zone would be for a potential buy If i see a rejection candle.