Our trading plan is to wait for the price to react in the price range 2337 to 2332 to look for buy signals.
The news was announced yesterday
Preliminary GDP news is 1.3%, lower than expected 1.6%
Applications for unemployment benefits were 219k, higher than the previous period's 216k
News that pending home sales are down 7.7%
Yesterday's news indicators are...
With the wave 5 targets projected on the chart, we have 2 target zones: zone 1 is 2322.7 and target zone 2 is 2311.5.
Today will release news on unemployment claims, preliminary GDP, and pending home sales, with forecasts worse than last period, if tonight's actual index reflects correctly. This seems to signal that the US economy is being affected by monetary...
FOREXCOM:NAS100
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
FOREXCOM:AUDUSD
High chance to big fall.....But wait for the 15M reversal confirmation for entry
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to...
FOREXCOM:US30
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Gold slides beneath a four-week-old rising support line while extending the previous day’s fall amid a firmer US Dollar early Thursday. That said, the bullion marked the biggest daily loss in a week and snapped a three-day winning streak on Wednesday. It should be noted that the quote’s latest support break joins the bearish MACD signals and steady RSI to keep...
Good Morning Traders,
Till the time gold is moving above 2350
we can see 2370 and 2375.
Below 2340 we can see 2332 and 2325.
Plan accordingly, Happy Trading
Our preference Buy from Dip.
Support on 31.68 on 20th June will trigger price upwards to 43.35 within or on 20th Oct 2025 marked on the chart
31.68 ( 20th june 2024 )
43.35 ( 20th Oct 2025 )
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
With investors' expectations of interest rate cuts in the market increasingly decreasing, especially when statements from Fed members last week all hinted that there will be no plans to cut interest rates in the near future. This interest rate causes the expectation to buy gold to decrease, leading to a weak demand for accessing the market.
Looking at H1 last...
Copper has given good run up in past 10 months. now is the time for take a breadth and do some sideways movement for few months then take up the next up move.
790 - 760 may not break during this retracment
Gold licks its wounds at the lowest level in a fortnight after falling in the last three consecutive days. With this, the precious metal becomes vulnerable to post the biggest weekly fall since late September 2023. The downside bias takes clues from a clear break of a nine-week-old support line, now immediate resistance near $2,340, as well as the bearish MACD...
GOLD: Bullish - FLAG detected + Breakout of the range.
1- A "Head Shoulders" has been detected and we did a perfect Take profit ( TP1) at 2 395$.
2- When we break a range the Take profit should be the Height of the range.
Then the TP2 is expected around 2 518$.
3- Plus we can also consider that the range is like a flag and then the TP3 ( green arrow) is...
FOREXCOM:XAUUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Silver looks good.
Silver Brokeout of Monthly Trendline and Horizontal Resitance also.
I will take more silver expecting 35$ and 50$ as Targets if it closes monthly above 30$.
Lets see and plan accordingly.
If it sustains above 27.67 or that line ( Red ) then it could pump to the line ( green) or to the price 31.75 marked on the chart
31.75 --- ( 24th June 2024 expected time )
Disclaimer:
Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
