Hey Everyone, Another great day on the market today completing our 4H chart idea bullish target. This chart was shared on Sunday with 2361, as an open target. This target was completed today with a perfect hit. We now need to see ema5 lock above 2361 to open the next target. Our 1h chart has a gap open to 2365, which was just short by a few pips. We will keep...
Hey Everyone, Great start to the week with our chart idea playing out, as analysed hitting our open bullish target at 2350. We were able to trail this to 2358 for a nice catch. We are now seeing ema5 lock above 2350 opening 2365 and 2378. 2365 will need a ema5 cross to further confirm the 2378 gap. We now have gaps above and a retracement range below that has...
With the June settlement nearing its first be aware day, the August 2024 gold futures settlement will quickly turn out to be the maximum actively traded. Currently, the August 2024 settlement is up $27.40, buying and selling at $2,384.30. Multiple elements were riding gold`s ascent to document highs. While a few analysts characteristic the treasured metal's rally...
Gold fee has reached the inexperienced field location now and could watch for a response. If a robust bullish jump response happens on this location then the bullish fashion might be showed to preserve. Meanwhile, a in addition decline underneath this location might be a bearish signal withinside the medium-lengthy term. In the lengthy term, so long as expenses...
Silver analysis time frame 4 hours Silver's movement path is defined in the 4-hour time frame and it can move in this way
The start of the new week begins with a holiday in the United States, which is Memorial Day. But on the other hand, this morning we have important data on the German economy, IFO - Business Climate, and lately the data from Europe is affecting the currency markets much more actively compared to a few months earlier. After the EURUSD peak of 1.0895 on May 16, a...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price test support at 2331 with price close below it leaving a gap to the retracement range. However ema5 cross will further confirm this, as a target. We also have a gap above at 2350. We now have gaps between both support and resistance weighted levels. Gap...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2361 resistance and 2322 is the weighted support for this range. We will need to see either weighted level break and lock to confirm the next range. We will need to see ema5 lock above 2361 to further open the range above or...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected. So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time. Last week we completed...
Hey Everyone, We have been successfully tracking this chart for a while now and after completing all our targets inline with our plans the new month candle opened in a central range with room above and below for the updated detachment to complete, highlighted with the new circle and also room above to re-test the new open range LAST WEEKS UPDATE We got the...
Hey Everyone, Please see our daily chart idea that we have been tracking and trading successfully since completing our last daily chart idea. Previously we saw the anticipated retracement take place into the channel half line where we expected a bounce, which played out perfectly with the full half line test complete followed with the bounce up, as no lock below...
Hey Everyone, After sharing our 1H and 4H charts with completed bull targets earlier this week followed with the swing range test and bounce, please now see our daily chart update from last Sunday. As you can see our unique Goldturn channel top was respected perfectly followed with the rejection into the channel half line, as highlighted by the arrows last...
Hey Everyone, Our 1H chart update yesterday completed the bullish targets followed with the drop shared yesterday completing the bearish targets. We got the swing range bounce, as part of our plans to buy dips and now broken the swing range on the 1h chart. However, Switching to our 4h chart, we can see after completing all our bullish targets, we got the cross...
Hey Everyone, A big move down on gold today from the rejection at 2429. Yesterday we stated we were looking for ema5 to break either 2429 or 2413 level to open the next range. Today we got the break below 2413 opening the full retracement range like we said and this played out perfectly hitting the retracement range. We now also have a cross and lock below the...
4-hour time frame dollar index analysis I expect correction of gold and currency pairs against the dollar.
www.tradingview.com ; We can observe descending triangle ,If the bears push the Gold below the support at 2407, the downside target will be 2395, 2378
We are currently bearish on the daily timeframe and price just came into a very strong resistance level/order block with the daily stochastic RSI in the way overbought territory. I am in on shorts from 1.27500 and looking to hold it unless price says otherwise.
Hey Everyone, Another great day on the chart today with our trading idea playing out level to level. After hitting our bullish targets yesterday we expected play between 2413 Goldturn and 2429 Goldturn. We used the 2413 Goldturn today to buy dips inline with our plans for the week. We are now looking for ema5 to break either level to open the next range. A...