Hi Traders we have another trade to look at NASDAQ, daily time frame we have been on up trend, had a retest on previous highs, H4 we consolidating, we will only take sell trades Close below level 18928.1 Entry Reason: breakout Certified Price action king
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) fell during the Asian session on Tuesday due to a fresh supply. This decline comes after a slight recovery from a one-month low caused by positive US jobs data. The decrease in bets for an interest rate cut by the Federal Reserve (Fed) in September has kept US Treasury bond yields...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The People's Bank of China (PBoC) stopped buying gold in May, after 18 months of continuous purchases. This has weakened the price of gold. However, there is some support for the safe-haven XAU/USD due to a cautious market mood. Traders are hesitant to make aggressive bets before important US data and...
last night the BTC broke the area of validation.Breaking such a strong trend line indicates that the marker will be fallen to a nother demand.so we will able to buy at around first demand around area 67000 then we have to see the reaction around that area .If its a corrective one we will sell again in premium, if it rejects hard, we will buy btc at cheap...
EUR/CAD is setting up for a lucrative short trade as it retraces to test the descending trend line resistance around the 1.4950 region. This technical pattern suggests a high-probability reversal, where traders can look for bearish entries. Target the first take-profit (TP1) at the immediate support level of 1.4700, and if the bearish momentum continues, aim for...
OANDA:US30USD While the OANDA:SPX500USD & OANDA:NAS100USD have been hitting new highs the DOW has struggled and has completed a Double ABCD Gartley pattern on friday and sold off into the close. Setting up potential downside targets of 38300, 37800 & to complete the bigger pattern @ around 37k. If we start heading lower on Monday then that could put the...
✍️ NOVA hello everyone, Let's comment on gold price next week from 6/10 - 6/14/2024 🔥 World situation: Gold prices dropped to a four-week low due to strong US labor market and China's halt in gold purchases. XAU/USD traded at $2,295, resulting in a more than 3% decrease. The latest US Nonfarm Payrolls report showed an increase in workforce but also an uptick...
Expecting GU to respect this 3rd touch of the Daily trend line and move all the way down as price is already showing signs of reversal with previous Daily candle closing Bearish
Price is currently rejecting the Daily trend line for the forth time, expecting price to push all the way down to the Daily lows. Lets see how this plays out
Gold edged lower to $2,330 per ounce on Wednesday, as the US dollar stabilized ahead of May’s US jobs report expected later this week. The US nonfarm payrolls will be closely watched as investors seek cues on the potential timing of the Fed rate-cut 🔴SELL GOLD: 2348 - 2350, SL: 2354 🟢BUY GOLD: 2307 - 2305, SL: 2301 Breakout & retest: 📉Breaking and closing on:...
Gold prices hovered around $2,340 per ounce on Tuesday, after logging gains in the previous session underpinned by growing expectations of eased monetary policies by major central banks. On Monday, data showed that US manufacturing activity slowed for a second consecutive month in May, while construction spending unexpectedly fell in April due to declines in...
Nifty 50 coming down side, because Trendline breakout is the one of the Confirmation and also did not closing above the Channel Pattern. I want to help people to Make Profit all over the World. Refer this link :
I will look for confirmation to take advantage of the pullback to my original zone to continue buying
Looking forward to a nice 300 pips drop from the 3rd trend line bounce with stop loss above previous resistance zone
✍️ NOVA hello everyone, Let's comment on gold price next week from 6/3 - 6/7/2024 🔥 World situation: Gold (XAU/USD) slumped back into the $2,330s on Friday after the release of US Personal Consumption Expenditure (PCE) data for April. The data showed a decrease in core price pressures, with Core PCE cooling to 0.2% month-over-month. Analysts had expected it...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) trades lower on Thursday due to a stronger US Dollar (USD) and higher US yields. The reduced expectation of a September rate cut by the Federal Reserve (Fed) is putting pressure on gold as it increases opportunity costs. The second estimate of Q1 2024 US Gross Domestic Product (GDP)...
Gold prices dropped slightly to hover around $2,360 per ounce on Wednesday. This decline was attributed to investors scaling back their expectations for interest rate cuts by the US Federal Reserve this year. The market is also eagerly awaiting the release of the key PCE inflation report. GOLD is following the previous wave E assessment, completing wave 4 and...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) fell after a three-day winning streak due to the Greenback's slight recovery and hawkish comments from Federal Reserve officials. Strong US economic data also reduced expectations of a Fed rate cut in September, boosting the US Dollar and weighing on gold prices. However,...