Gold technical analysis: from the plate point of view, gold today showed a bottom rebound trend, after stabilizing in 2605-2604 area, there was an upward divergence trend, the highest point hit 2630 line hovering. Daily line level, gold prices after the negative continuation is not strong. The current position is just the daily 2600 up channel up line support....
Elliott wave analysis of EUR/USD This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk and individuals should consult a financial adviser before making any investment decision. The Present Analysis Based on the provided Elliott wave chart, we identified the following: Completed Wave: Waves (1) to (4)...
Oil Prices Surge Amid Middle East Tensions Oil prices extended their gains, with Brent crude nearing $80, building on last week’s steepest weekly jump since early 2023. This surge is driven by fears of a wider Middle East conflict and potential disruptions to exports from the major oil-producing region. Israel has issued several warnings about targeting Iran’s...
Prices traded between the $2,400 level a few days ago, which coincided with a support zone, and later started to grow in a widening wedge. In this pattern, prices rose to the resistance line for a short time, thereby breaking above the last level of $2,400. Next, gold made a correction to support the wedge line and immediately turned around, making an upward...
Here on Nas100 price has form triangle pattern and has break above so it likely to move up more so trader should go for LONG and targeting profit should be around 21521.9 and 23030.9 . Use money management.
We have a bearish signal starting in red. We started the week with a bearish signal now. Challenging the descending trendline and seeing a rejection is also a strong signal pointing to lower prices next. Every time this trendline has been challenged since March 2024, we have seen a significant decline. The actions we're seeing now and what we saw last week confirm...