The Entry Price is higher than the Market Opening Price.(✔️) M15 imbalance on the potential of the H1 range. (✔️) Below the level of the First Seller of stock options. (⚠️) ps since the price is in search of a new range, we can try to sell from this reversal structure in order to pick up the corrective movement. But perhaps there will be a change of trend...
German DAX has been consolidating in a range for a while now and today it is breaking below the key level where it was bouncing from. This is on the back of the jobs data from the US but it had been pretty weak even before that. We are looking at the target of 15,000 in the index.
AUD is Very week fundamentally and again USD is Strong This week lets see What happen!!!!
Chart is self-explanatory. we have the breakdown from the range on the hourly timeframe and we are seeing a re-test of the pivot level now. Target is the depth of the pattern and the stop is above the range.
Gold prices fell during the midday trading session in the US on Thursday following the better-than-expected ADP employment report, which showed double the expected increase in job numbers. The report pushed the US dollar index up from its overnight low and also raised US bond yields. In the end, August gold dropped by $10.50 to $1,916. The June ADP report in the...
Nice re-test of the support level post the ADP jobs data which was good for the dollar. But this is a solid support and technically a good entry point. Stop below the range lows and use the Ichimoku to ride the trend for a bit.
Gold prices in Asian trading on Wednesday dropped below the modest gains from the previous day, hovering around the $1,930-$1,931 range or weekly highs. The precious metal traded around $1,924-$1,923, a decrease of less than 0.10% for the day, as traders eagerly awaited the latest monetary policy meeting minutes from the Fed. The Fed has indicated the need for a...
The gold market surged to new highs after the U.S. manufacturing sector contracted for the eighth month in a row in June. The Institute for Supply Management (ISM) manufacturing index dropped to 46%, below the expected 47.2%. This index measures economic growth, with readings above 50% indicating growth. In April, there was a sixth consecutive contraction. As a...
Gold prices ended this week at $1,910, a $17 decrease from the beginning of the week. In June, gold experienced a sharp decline, with spot gold dropping $42.6 and future gold dropping $52.7, marking the worst month since Q3 of last year. Despite briefly dipping below $1,900 this week, gold managed to hold onto this important psychological level and prevent...
The pair has just broken down from a continuation head and shoulder pattern on the hourly timeframe. Kiwi definitely looks like it is the strongest currency right now against the us dollar. Expect this breakdown to lead the pair much lower to the previous daily supports.
Gold prices have been declining recently due to the possibility of interest rate hikes by the Federal Reserve. The upcoming meeting of the Federal Open Market Committee (FOMC) on July 26 is eagerly awaited by market participants for the central bank's decision. The latest minutes from the previous FOMC meeting showed increasing sentiment among Federal Reserve...
DXY waiting for FOMC minutes, this structure can break out on either side and we can get a good move in the direction of the breakout, let's see if we can get a reflection of the move on gold or not.
Closing Above 50 Ema and candles with high volume NSE:GREENPANEL
In this trade you are getting one more chance to enter You take entry only after checking it. This is a multi confirmation based entry, I requested to trade only after taking care of multi confirmation and your risk management.
Gold prices stood at $1,927, increasing by $6 compared to the previous week's closing. The precious metal experienced its strongest percentage decline in four months. Gold is facing downward pressure due to a stronger USD and the cautious stance of US Federal Reserve officials, with no signs of recovery yet. Kitco's gold survey this week shows a decrease in...
The global gold price is currently at $1,924, a decrease of $2 compared to the same time yesterday. The gold market is being hindered by recent positive monetary policies from central banks. Gold is expected to end June with a decrease of around $47, marking the worst month since February. The precious metal is reacting to the continued hawkish rhetoric from...
World gold price stood at $1,905, down $10 from the same hour last morning. Gold price is still finding the bottom of 3.5 months. Gold prices are heading for the second consecutive month of decline. The safe-haven role of precious metals has become blurred due to the resilience of the US economy. Even the complicated situation in Russia cannot support gold...
Gold prices slightly decreased during Thursday's midday trading session but remained higher than the daily low. The metal reached its lowest point in 3.5 months overnight. Positive economic data from the US, including higher US dollar index and increased US Treasury bond yields, have put pressure on gold. The August gold contract dropped $4.8 to $1,917. Final US...