yojavi

yojavi

Gold prices have seen a slight decline today, with spot gold trading down 0.3% at $2,672.25 per ounce and U.S. gold futures dropping 0.6% to $2,692.70 as of 0914 GMT. Despite the dip, gold remains on track for a weekly gain, fueled by anticipation of the U.S. Federal Reserve’s upcoming policy meeting. The Fed is widely expected to deliver its third rate cut of...

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This week, oil prices are poised to make a move towards the supply zone between $84.14 and $84.50 per barrel. However, this level is likely to pose significant resistance, making it challenging for prices to sustain an upward trajectory. Here’s a detailed outlook based on current market dynamics and my trading strategy. OPEC+ Production Cuts and Market Impact...

yojavi

The Nasdaq is approaching the 20,435.75 mark, driven by optimism around a potential Fed rate cut in September. Recent economic data, including softer PMI and factory orders, has fueled hopes of easing monetary policy. Despite a shortened trading session ahead of Independence Day, tech stocks are leading the charge. Anticipation of a rate cut has boosted market...

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Gold has formed a significant double-bottom pattern on the daily timeframe, signaling a potential reversal of the previous downward trend characterized by three consecutive lower highs. This technical pattern suggests that gold may be ready to embark on a new uptrend. On the 4-hour and 1-hour timeframes, gold is currently consolidating, indicating a period of...

yojavi

Oil has successfully tested and held the key re-test zone between $82.40 and $82.90, breaking structure to the upside and signaling a strong continuation of the uptrend. With this confirmation, the market appears ready to advance towards $85 per barrel. For those already in the market, now is an opportune moment to consider buying opportunities based on your...

yojavi

Oil prices are currently approaching the re-test zone between $82.40 and $82.90, indicating a potential continuation of the uptrend. For those already in the market, it's advisable to seek sell opportunities in line with your trading strategy. For instance, if you trade using Supply and Demand principles, identify supply zones around this range. Once the market...

yojavi

Oil prices are currently in a consolidation phase and are expected to test the $82.71 level by the London session. This price action suggests a continuation of the uptrend. For those already in the market, it's advisable to seek sell opportunities in line with your trading strategy. For instance, if you trade using Supply and Demand principles, identify supply...

yojavi

EU has created high probability supply setups on the 1 hour and 5 min timeframes. Some of the confluences with these setups are the 1 hour downtrend, and the 200 EMA indicator being above both setups.

yojavi

The drawing is based on market structure. I think the market it's on an uptrend. It reached a new zone where if it continues to be bullish it will go from 1.09 to 1.11. Otherwise, it will go down to 1.05.