CDF and MCX chart of crude oil explained in detail by using various factors Must see because big movement in crude effect overall market FIB. retracment also used all the levels are mentioned in video.
Hey guys! here is my analysis and entry model for XAUUSD for upcoming week. Hope u will make some decent profits. Note: Red folder news can affect entry model.
as per our basis of analysis i.e history repeat itself we have two figures here f1 and f2 so here is the plan
Gold has touched 1992 with a deficient volume. How can someone expect that it would go above 2020? There is a possibility that the market will show a bullish move and might close above 2000 in the upcoming days to trap retailers. After buying, big INSTITUTIONS will be ready to short and would lead the market to 1888 levels. Stay Updated!
XAUUSD Short Because, XAUUSD Moved in Rising Wedge or wrong Correction.
Analysis based on Elliott wave count, invalidation level given as per chart DISCLAIMER: There is no guarantee of profits or no exceptions from losses. The stock and its levels discussed are solely the personal views of my research. You are advised to rely on your judgement while investing/Trading decisions. Seek help of your financial...
Overall Trend: XAUUSD is currently in a bullish trend, as indicated by the recent breakout above the 1975.00 level. The price has been supported by the EMA50, which is acting as a dynamic support level. The next major bullish targets are 2000.00 and 2009.30. Key Support and Resistance Levels: Support: 1982-1983 Resistance: 1990, 1995 , 2000 Key Factors Driving...
Gold prices rose slightly in European trading yesterday, but fell again at the close. Meanwhile, UK inflation is showing signs of declining. Specifically, the UK Consumer Price Index rose by 4.6% in October, the slowest rise in two years, and a significant decline compared to the previous month's 6.7%. The main reason is falling fuel prices. Furthermore, the...
The pattern has restructured on the daily chart after another weaker-than-expected US employment and manufacturing figures. The gold price cleared the selling orders at the 20-day MA and the resistance at 1980, signalling a new round of upward movement. The price rebounded early Asian session surpassing 1960, and traded between 1961-67 before the US session. ...
A BUY order was placed in XAUUSD which is giving good profit. The reason for this trade is rejection candles on the 1H timeframe and strong demand zone
Sells got activated at the moment as we got closure below desired level on 30 and 15 min TF I am in short side only till market reaches 1952 region overall bias is still Bullish from 1952
Gold is seeking for Big Players to short and to trap buyers from here. Retailers are trying to push gold above 1980 and even above 2000 but they(MM) have some other plans. Retailers did not come out from the mindset of buying, but there is still a chance for buyers if war escalates. Fundamentally and Technically gold is down. Stay updated!!
The Bias is Bullish overall. Price has to reach to fill up the imbalance created below at 1952-1953 range first and then from there we can expect a rise even upto 2000, only after formation of MSS and FVG at lower TF in the range of 1952-1953. 1. Price has to reach 1952-1953 range. Thus for London Session I have placed short trade with SL at 1971.30 and TP at...
OVERALL TREND : Gold is currently in a state of consolidation, oscillating between the support level of 1955-54 and the resistance level of 64-65. This consolidation phase is primarily attributed to the mixed economic data that has been released recently. On one hand, there are indications of a slowing global economy, which could potentially boost gold's...
According to a Reuters poll, the U.S. monthly core CPI was expected to rise 0.3% in October, up 4.1% from the same month last year. The estimated intensity for September was similar for both. This statistical range could strengthen expectations that the Fed will raise rates further in December, raising rates between 5.50% and 5.75%. However, the market...
Gold price braces for the first weekly gain in three while defending the week-start rebound despite the previous day’s retreat from a convergence of the 100-SMA and a two-week-long falling resistance line, currently around $1,973-75 by the press time. It’s worth noting that a one-month-old horizontal area joins upbeat RSI (14) and bullish MACD signals to keep the...
A reversal has finally appeared on the daily chart! Gold tested a new weekly high yesterday. But selling began after the US market data was released. In the early trading yesterday, the price of gold continued to rise, carrying the upward momentum from the previous session, until the US market opened. The price reached the day high of 1975.3 at the US session...