Le_mah

Le_mah Updated 

Fundamental Analysis : Since we all know the geopolitical tension we are living right now : Russian and Ukranian War, Palestinian and Israel conflict, Tension between USA and China, BRICS buying gold massively. Also increasing inflation all over the world, increase in interest rates is globalised... Gold also is very correlated with US CPI, GPD, Housing...

Le_mah Updated 

War on Ukraine - Asian dumping the dollar - Gaz & Oil crisis - Food crisis - Inflation - Everyone will get back to gold | A new geo-political era is coming, and I think without the supremacy of the USD

Le_mah

Since all the BRICS are searching for an alternatives to the USD. We are witnessing a switch of power between global economies. All the central banks will liquidate their dollars and mostly putting it in Gold.

Le_mah Updated 

My trading plan for this upcoming week, waiting for a rebound after this market correction. Mostly going long this week taking in consideration the geo-political tensions this days. So we're not starting this week with a long bias, we also consider gold down if he breaks the second lower channel.

Le_mah Updated 

Oscillators in overbuy levels, both RSI and Stochastic. Also, the supply zone matches exactly with 0.5 - 0.6 Fib and the weekly trendline. Very good set up to short BTC

Le_mah Updated 

Gold is having a bad week. With the Dollar outperforming... we can easily see gold reach 1680 before it rebound like we saw the same month of last year.

Le_mah

Based on the Fibonacci and Fibonacci extension analysis, it appears that the gold market has reached its maximum downside elasticity, particularly in light of the news from the previous week. The RSI and Stochastics indicators also suggest an oversold market. Moreover, the fundamentals for gold are bullish.

Le_mah

GREAT SET UP FOR A DAY TRADER. Wait for the breakout in both ways up and down. Best entry is during the pullback

Le_mah

BTC trying to reach the supply zone wich correlate with 0.5 AND 0.6 FIB RETRACEMENT, the RSI and the Stoch also give us a BTC in an over buyed market levels. Mostly going down to 37k

Le_mah

Gold analysis for Friday 30 avril . Wait for the right entry after the Pullback on the key levels

Le_mah

Gold is following his ascension to the moon. TP at 1930 by tomorrow 12GMT

Le_mah

we can see that gold is bearish today, going to hit his old support at 1841.16. SL at : 1858.10

Le_mah

We can see that Gold is following his bullish trend today also. A good opportunity for profits if you by now

Le_mah

we can predict today a high trend for Gold. A buy position is perfect in this configuration

Le_mah

We can easily see the positive Impulsion in Gold this morning. Surf the wave!