Caterpillar Inc. (NYSE: CAT) has once again demonstrated its robust market presence, with its stock price soaring past $344 following the release of its latest earnings report. The industrial giant reported impressive financial results for Q1 2024, with total revenue reaching $15.8 billion and a basic earnings per share (EPS) of $5.601. This performance not only...
Hello traders, hope you are having a wonderful weekend. If you have a different idea, kindly share it below Thank you.
My dear followers, This is my opinion on the USOIL next move: The asset is approaching an important pivot point 74.11 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 75.64 About Used Indicators: For more efficient signals,...
My dear followers, I analysed this chart on GOLD and concluded the following: The market is trading on 2453.5 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2421.1 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
Considering the possibility of a full-scale war between Iran and Israel, the price of gold will increase. Overall, this scenario is reinforced that gold can rise to the upper level resistance of the Andrews fork in the range of $2496, provided that it maintains and does not record any close of the four-hour candle time under the support of 2411.
So it appears. Will smash through the key level of 100 and onto the 94 area.. The dollar moves have massive ramifications for every financial asset , commodity & currency. lets see what it gives us.
Usoil will go up on 4hrs Timeframe following a successful downtime to the support zone. Look for a buy entry next week. And don't forget to place your stop loss. Trade safely. See you at the top!
XAUUSD' currently at wave B (blue circled) sub wave of wave B (red) of an expanding flat ABC (red).
Hello, Friends! Bearish trend on SILVER, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 27.268. ✅LIKE AND COMMENT MY IDEAS✅
✅SILVER went up to retest The horizontal resistance Level of 29.00$ and we are Already seeing a bearish Reaction so a further Move down is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CRUDE OIL went down and The price will soon hit a Horizontal support of 72.50$ From where we will be expecting A local bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2404 zone, XAUUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2404 support and resistance zone. Trade safe. Joe.
Gold painted a huge cup and handle pattern on the monthly chart which makes it super bullish for the long term with the target of $3,200. But for the short term, I expect a correction to $2,100 before the main rally to make new highs.
Hello,Traders! SILVER made a retest Of the strong horizontal Resistance level of 29.00$ And we are already seeing a Strong bearish reaction so We will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
🔍 Technical analysis: Completion of leg 3 or C - According to the analysis presented in the recent posts here and here , after the completion of the wave B, a rising leg C or 3 was formed, which has so far returned more than 1.618 of the previous wave in the supply zone. - Considering that a bearish candle is formed in the 4H time frame, any upward...
We have seen a big drop in bond yields in the aftermath of the US jobs report which disappointed expectations. So, in theory gold should head higher and remain supported on the dips. But if stocks continue selling then forced liquidation of leveraged long trades could impact gold negatively. I think that's partly what happened after gold initially rallied earlier...