TimeFrame: 1 Hour Bullish 🔼 above 6122, Bearish 🔽 below 6037. Monitoring key levels for potential market moves. #Trading #Commodities" Let me know if this helps? by liking the idea.
Timeframe: 30 Min Analysis: The statement implies a specific condition for taking a bullish stance (expecting prices to rise) on Natural Gas. Condition: The condition is that the price of Natural Gas needs to rise above the level of 250.4. This level is crucial because, according to the analysis, a breakthrough above this point is seen as a signal for potential...
If the price remains above the critical level of 103.606, it indicates strength and bullish sentiment in the market. Wait for Confirmation: Observe the price movement and wait for the formation of a single green candle. This candle could signify a positive shift in momentum. Action Plan: Consider planning another trade, preferably a long (buy) position, as the...
Timeframe: 4 HOUR Long-Term Buying Suggested Above 73600. RSI stands for Relative Strength Index, a momentum oscillator used in technical analysis. "Moving flat" implies that the RSI indicator is not showing a strong upward or downward trend but rather moving horizontally. This could indicate a period of consolidation or indecision in the market. Sell Below ...
TimeFrame: 2 HOUR Strategy: SHORT Potential selling opportunities in the gold market. The plan involves initiating a short position if the price reaches 62330, with a target set at 61876, representing a potential decline of 353 points. In the event of a sustained bearish trend, a further downside target is considered at 61770. This analysis is based on technical...
TIMEFRAME 4 HOUR If crude oil can sustain above the current triangle pattern, there's potential for an upward movement of +270 points. BIG DAY FOR CRUDE! WATCH OUT FOR POTENTIAL BREAK OUT!
#SilverAnalysis 📊🔍 A triangle formation is underway in Silver. Waiting for a potential breakout! Buy above 72400 Sell Below 71674
#GOLD waiting for CPI data to gauge momentum. Keeping an eye on key economic indicators for potential market shifts.
#Silver Timeframe: 4 Hour Direction: Long Critical Level: Silver must decisively break above 73150. Confirmation Needed: This level represents the most immediate previous high, and a successful breakthrough with follow-through would indicate potential bullish momentum #SilverInvesting #preciousmetals #SilverPrices #BullionMarket #SilverBullion #analysis
Reversal Anticipation: If silver's current price holds at 71300, there's an expectation of a trend reversal. This could signal a shift towards a more positive or bullish market sentiment. Bearish Trend Warning: Conversely, if the price drops below this level, it suggests potential further downside and a bearish trend in the silver market, prompting caution among...
📊 Time Frame : Daily 📉Strategy : LONG 📆 08.01.2024 The crude oil market has exhibited signs of recovery following a recent dip. Several factors suggest that the prevailing conditions could contribute to a potential spike in crude oil prices in the near future, particularly driven by buyer dynamics and broader market conditions. ________________
#Gold Setup For this Week 📊 Time Frame : Daily 📉Strategy : LONG 📆 08.01.2024 As observed, gold formed a significant liquidity gap between 62640-62720 and a second one in just 4 days. The gap created on January 2nd led to a drop in gold prices to 62180. ________________
🔸Timeframe: 4 hour 🔸Strategy: Long 🔸Anticipating a breakout in natural gas above 222, targeting a move to 233 within the week. 🔸October 2023 marked the 30th consecutive monthly increase in US dry natural gas production. 🔸Production levels reached 104.5 billion cubic feet per day during this period. 🔸Estimated natural gas consumption experienced a 3.3%...
#USOIL update for 1st Jan! Seems like bearish The bearish outlook may be influenced by various factors such as geopolitical events, supply-demand dynamics, or economic indicators. It's essential to monitor price action and market conditions closely for potential trading opportunities or risk management strategies.
🔸Timeframe: 4 hour 🔸Strategy: Long Bearish above 74653 Explanation: This trade strategy suggests entering a long position if the price surpasses 74653. The target for potential gains is set at 75583, while a stop loss at 74158 aims to manage potential losses. _____________ 🔸If you understand and support my view give it a thumbs up👍
The current outlook for the market appears to be bearish. However, it is advisable to exercise caution and wait for confirmation before making any trading decisions. This approach involves assessing additional factors, such as technical indicators, fundamental developments, or potential market catalysts, to validate the bearish sentiment.
#NaturalGas Timeframe: 30 mins In the current market, 214 is a key resistance level, signifying potential obstacles for upward movement. Conversely, 210.1 is a crucial support level, indicating a potential bounce-back point. Observing price behavior at these levels provides insights. A breakthrough at 214 may signal upward momentum, while a drop below 210.1...
#USOIL 🔸#CrudeOil 🔸Timeframe: 15 min In the oil market, a bullish scenario is anticipated if prices surpass the critical level of $72.43. This could signal a potential upward trend, prompting traders to consider long positions. Conversely, if prices fall below the key support level of $71.64, a bearish outlook may emerge. This level is crucial, as breaching it...