Intro - This is Binary Forecasting Service's CONTINUOUS GOLD FORECAST featuring 16 to 20 hours a day around-the-clock coverage of FX_IDC: XAUUSD ticker, with current favorite outcome highly detailed in proprietary trend maps through all of NY market tomorrow. This data must be used with continuous updates to remain relevant until it is replaced. Using this without...
A falling wedge is a technical chart pattern that forms when the price of an asset consolidates between two downward sloping trendlines. It's characterized by contracting price swings, with the upper trendline sloping downwards at a steeper angle than the lower trendline. This pattern typically signals a bullish reversal, as it suggests that selling pressure is...
There is bearish trend along with the divergence. Time to short the gold against USD.
Today, gold prices are on a recovery path after experiencing a significant drop yesterday, currently trading around USD 2343, marking a 0.34% increase for the day. However, gold is showing signs of forming an inverted cup and handle pattern. If this pattern continues to develop, there could be a deeper correction following a retreat to the Fibonacci levels...
Gold rebounded today relying on support near 2332, and the European market rebounded to around 2348. At present, the long and short positions are not very clear. 2355 is the key and watershed. The short-term trend is somewhat strong, and there may be an upward impact test in the evening. At the top, focus on the key watershed of 2355, and on the bottom, focus on...
We went long at 2338.45 after the news broke on PPI m/m data. Tight stops as trading news can be extremely volatile and risky. A conservative take profit is sitting at 2361.83 with another TP at 2370.30
Eur broke and closed above previous internal high signalling potential continuation to the upside. Enter trade on return to gap and shave off a piece above the new high created. roll stops if you feel conservative for a free look at potential higher prices.
After gold's short-term rebound to 2348 today, the rise has stalled again. So does gold still have the potential and willingness to go up? In fact, judging from the current market, I personally prefer to be bearish on gold. And I have also shorted gold above the 2346 position. As far as the recent structure of gold is concerned, although gold has recently hit...
Crude oil did not fluctuate much yesterday, maintaining a range with a high of $79.09 and a low of $77.92. The fluctuation range was $1.17. After the opening in the morning, the market fluctuated from the opening price of $78.16 to $79.09. After reaching the US market, the market was as follows After a sudden fall, it fell to last night's low of $77.92. The market...
Spot gold rose in early US trading on Friday, May 10, reaching a recent three-week high. Gold moved sharply higher later in the week on the belief that central banks would ease monetary policy sooner or later. Gold prices rose, trading as close to 2,380 as rising geopolitical tensions in Gaza cemented the safe-haven appeal of precious metals and as recent data...
Gold high fall basically in place, one hour line, bull stable 2352 line key watershed, below the average line of gold bifurcated to continue to enlarge, the first support level of the average line has arrived 2360 line, although the gold price slightly below the average line of support, but last week the line closed Yang to bring us a clear direction! Bullish,...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
Hello, We have identified a fantastic current opportunity to buy 10-Year T-Note Futures with a high probability and a favorable risk-reward ratio of over 3 on the 4-hour chart. Our target is set at $110'19'0 within a few days (swing trade). Ibrouri
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
BANKNIFTY closed inside va 1. gapup 48200 long till 48400 2. 48200-48000 trade reversal 3.gapdown 47850 short
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.