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Natural Gas Important Levels to watch !Natural Gas important levels to watch are as follows #Support: 282.1 Sell below: 282.1 only on 15 minute candle closure below the level. Target 1: 279.1 Target 2: 276.9 Target 3: 274.2 #Resistance: 287 Buy Above: 287 only on 15 minute candle closure Above the level. Target 1: 290 Target 2: 294.9 Target 3: 301.9 => # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
MCX:NATURALGAS1!
by InvestyourAsset
CrudeOil Important levels to watch ! CrudeOil important levels to watch are as follows #Support: 6830 Sell below: 6830 only on 15 minute candle closure below the level. Target 1: 6760 Target 2: 6700 Target 2: 6650 #Resistance: 6950 Buy Above: 6950 only on 15 minute candle closure Above the level. Target 1: 7030 Target 2: 7130 => # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
MCX:CRUDEOIL1!
by InvestyourAsset
2
Gold continues to increase? XAU!!At the time of writing, the US Dollar Index (DXY), the value of USD against a basket of global currencies, fluctuated around 106.17 after rebounding from a weekly low of 105.81. US Treasury bond yields remain low, with the 10-year Treasury bond yield at 4.663%, the lowest since October 13. The market is confident that the Federal Reserve (Fed) is nearing the end of its tightening cycle, as Fed Chair Jerome Powell made it clear that financial conditions will need to be tightened to avoid further interest rate hikes. This puts pressure on the Greenback and supports gold priced in USD. Upcoming Gold News: Attention on Friday will focus on the US Non-Farm Payrolls data. Additionally, the Unemployment Rate and Average Hourly Earnings for October will be released. Traders will take cues from the data and look for trading opportunities around the price of gold. Samson's perspective is that gold will continue its upward trend, currently consolidating around the $1980-$1990 range. It is possible that this Friday, there could be a significant increase in gold prices during the US session.
OANDA:XAUUSDLong
by Samson-FX
Gold recovered in the short termSamson greets everyone! Similar to yesterday, gold experienced significant fluctuations after the evening news and quickly returned to trading around $1987, with little change compared to the same time yesterday. Gold prices are seeking support from the weak performance of the US dollar and low interest rates on US Treasury bonds as they try to stabilize after significant losses caused by uncertain policies of the Federal Reserve. In Samson's personal opinion, the low level of $1977 may be tested once again and then be considered an important support level to push gold prices back up.
OANDA:XAUUSD
by Samson-FX
XauUSD - Maintain a good increase in 1980 USDHello everyone! Today, gold has seen a slight increase in price as people speculate that the Federal Reserve (Fed) will have a softer monetary policy. As a result, the value of the USD has cooled off a bit. However, the upward momentum of gold has been restrained as the USD continues to rise due to the challenging economic conditions in many countries and the tendency of their central banks to loosen monetary policies. At the time of writing, the price of gold is trading at $1988. The resistance level is seen at $1992, and there is a possibility that gold will retreat from this level and seek support around $1972. If it respects this support level, there is a potential for gold to increase towards the medium-term target of $2005 by next year.
FOREXCOM:XAUUSDLong
by Samson-FX
GOLD: Gold technical analysis todayYesterday, the D1 gold frame created a spinning candle, it can be seen that the dispute between buyers and sellers is taking place very fiercely. Today there will be very important news about the USD and these nonframe payrolls news will have a very strong impact. big enough to be golden. Yesterday the SPDR fund did not trade and it is possible that they are waiting for news today to buy or sell. The H4 stochastic indicator is going up even though the histogram is growing negative for a very short time. On the daily chart, the stochastic is trending down and the histogram is also getting lower, showing that the buying impulse has begun to weaken. According to today's technical analysis, gold will continue sideways in the range of 1990-1983 and we should close our orders before the news happens.
TVC:GOLD
by TheForexFamily
XauUSD - Continue to decreaseHello everyone! Gold has cooled down after yesterday's news, moving away from the $2000 mark and trading around $1980 at the start of today's session, a decrease of 0.18% throughout the day. Gold declined under pressure from a strong US dollar index, a decrease in crude oil prices, and a slight increase in US Treasury bond yields. Additionally, precious metals faced selling pressure from short-term futures traders after a recent strong rally. In the short term outlook, the US Dollar Index (DXY) opened at 106.67 points. Therefore, there is a possibility of gold declining in the short term. Samson's view is that prices could find support at $1966 and even $1955. Afterward, we can expect gold to increase in value from this resistance level.
OANDA:XAUUSD
by Samson-FX
Gold pares weekly loss below $2,000 on NFP dayGold price edges higher after bouncing off 50-EMA as markets brace for the US employment report for October. In doing so, the XAUUSD rises for the second consecutive day but remains on the way to posting the first weekly loss in four. That said, the steady RSI and sluggish MACD suggest a gradual recovery in the metal’s price. The bulls, however, need validation from a six-week-old rising resistance line surrounding $2,015. Ahead of that, the $2,000 threshold guards the immediate recovery of the bullion while a clear upside break of $2,015 will allow buyers to challenge the yearly high marked in May at around $2,067. On the contrary, the 50-EMA level of around $1,980 restricts the immediate downside of the Gold price. Following that, a two-month-old horizontal support zone around $1,953-48 will be a tough nut to crack for the XAUUSD bears. In a case where the precious metal manages to keep the reins past $1,948, the mid-September bottom of near the $1,900 psychological magnet will act as the final defense of the commodity buyers before leaving the battle zone. Overall, Gold lacks bullish momentum ahead of the US Nonfarm Payrolls (NFP) day while snapping a three-week uptrend. The bears, however, need to conquer $1,948 and gain support from a firmer US employment report for conviction.
OANDA:XAUUSD
by MTradingGlobal
Natural Gas important levels to watch !Natural Gas important levels to watch are as follows #Support: 247.6 Sell below: 247.6 only on 15 minute candle closure below the level. Target 1: 246 Target 2: 243 #Resistance: 250.5 Buy Above: 250.5 only on 15 minute candle closure Above the level. Target 1: 252.3 Target 2: 255.2 Target 3: 258.6 => # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
MCX:NATURALGAS1!
by InvestyourAsset
2
Impressive target 2050 USD, gold increased sharplyHello dear brothers and sisters! The Gold weekend trading has concluded with a complete victory for the bull side as the price reached $2000, in line with market expectations. Overall, Gold maintained a relatively stable upward trend around $1990 - $1970 throughout the week, although there were no significant breakthroughs. The support level of $1980 acted as a catalyst to push the gold price higher, with an expected increase to $2050, with some short-term corrective declines. The only question now is how long it will take to reach this figure. The upcoming week promises to be an interesting and exciting trading week. What is your perspective?
OANDA:XAUUSD
by Samson-FX
2
Short -term analysis of gold todayDear friends, Gold is currently narrowing its price range, indicating a significant decline in the near future. However, in my opinion, this adjustment is only temporary as the conflict in the Middle East is considered noteworthy and the current trend of Gold depends on it. This decline could bring Gold back to its support level around $1950. Maintaining a strong hold above this support level will drive Gold to a robust growth around $2000 before any further catalysts push it to continue rising.
OANDA:XAUUSD
by Samson-FX
5
Supports retesting and fluctuations before FED newsContinuing to consolidate after breaking the resistance level of the triangle. The retest of the support level has formed, but the market reaction is still weak. The market is anticipating news to come in on Wednesday. Market volatility has decreased as traders await upcoming news. The situation in the Middle East has not improved, leading to increased interest in gold. However, traders are being cautious in their trading activities due to the news and reports. There is a possibility that prices will test the $1987 level due to the tense situation. I want to emphasize that any market reaction can lead to price increases. The market seems to be supporting an upward trend, so the levels of $2020 and $2025 are highly regarded. But before the news, volatility will decrease. What are your thoughts? Do you agree with me.
OANDA:XAUUSDLong
by Samson-FX
Gold price today, continues to increase sharplyHello everyone! Let's explore the Gold market with Samson today. On Wednesday, we have ADP and interest rate announcements. On Thursday, we have unemployment figures. On Friday, we have Non Farm data and news about the war, which also needs to be monitored. But currently, the situation is still unclear as communication has been cut off. You need to be cautious. The price of gold is currently fluctuating around the resistance level of $2000 and has become quiet as it is unable to break through this resistance. However, the outlook for gold prices still maintains a good level, indicating strong fighting capabilities on the gold side. At the time of writing, gold is at $1995.
OANDA:XAUUSD
by Samson-FX
CrudeOil Important levels to watch !! CrudeOil important levels to watch are as follows #Support: 7025 Sell below: 7025 only on 15 minute candle closure below the level. Target 1: 6960 Target 2: 6860 #Resistance: 7130 Buy Above: 7130 only on 15 minute candle closure Above the level. Target 1: 7200 Target 2: 7290-7300 => # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
MCX:CRUDEOIL1!
by InvestyourAsset
2
Gold continues to conquer high levels on 2020 USDThe global gold market has witnessed strong buying activity in the past two weeks. Investor demand for safe havens has increased amidst escalating tensions in the Middle East. Gold prices have marked their third consecutive week of gains. At the time of writing, the Gold market is trading at $2000. Based on the 1-hour psychological level analysis chart, $2000 currently acts as a resistance level for gold. It is expected to quickly push back against this price increase, although gold may not see a significant decrease. The expected support level could be around $1985, followed by a reestablishment of the upward trend for this precious metal. The year 2020 is being highly anticipated by gold buyers during this time. This week, we will receive two pieces of news on November 1st and November 3rd that will make gold even hotter than ever.
OANDA:XAUUSD
by Samson-FX
Gold MCX: Trading in one thousand-Point RangeGold MCX has settled into a range, possibly confined within a 1000-point zone, specifically between 60125 and 61125 . It's prudent to exercise patience and await a decisive breakout from this range before considering new trades. Stay connected for forthcoming trade ideas. Disclaimer: Trading involves risk, and past performance is not indicative of future results. Always conduct thorough research and consider your risk tolerance before making any trading decisions.
MCX:GOLD1!
by iamrk7
Gold near to ATHGold maintaining the bullish structure and moving higher day by day and now trading above 2000.On Daily TF also it is under bullish pressure and maintaining the HH structure. This week main event is FOMC and before that we can expect some range bound trend but as you know that current gold bullish rally is also supported by middle east war. On Intra day TF watch the Pivot Level carefully above this we can look for buy opportunities and we can target last year High . *(No candle closing under PDL on Daily TF)
PEPPERSTONE:XAUUSDLong
by TheGoldenCircle