WTIUSD_1H_SellWest Texas Oil Analysis Intermediate time Elliott wave analysis style The market is completing five ascending waves and as long as it can maintain the resistance of 74.74, it can enter the next descending wave. Support and targets will be 73.73, 73.50, 73.20, 72.82, and 72.32 respectively.
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Lingrid | TONUSDT Contraction as a Catalyst for EXPANSIONOKX:TONUSDT market continues to test the psychological level at 5.00, having bounced off this level multiple times in the past. Currently, the price is forming a descending triangle pattern, characterized by lower highs and relatively equal lows. I believe that if the price breaks and closes above the downward trendline, we could see a surge in the market. Additionally, the channel boundary and a strong support zone around 5.00 provide further context for potential price movement. I anticipate that the market will create a rejection candle, indicating a level of rejection, which could be followed by an upward move. My mid term goal is resistance zone around 5.950
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Hellena | Oil (4H): Short to area of 50% Fibo lvl of 71.500. Colleagues, I believe that price is ending a five-wave upward movement and a correction is about to begin. I expect the price to renew the nearest high and reach the area of 75.500, after which it will start a correction to the area of 50% Fibonacci level of 71.500.
It may well be that the price will immediately start a downward movement and it will mean that wave “C” is already completed.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
British PoundHello dear traders,
I previously explained the GBP chart, where the likely target for the decline could be the Order Block Extreme on the daily timeframe. I have identified the suitable buying area (personally, I do not make daily purchases without the confirmation of the 4-hour chart; after the 4-hour confirmation, the market has a Pullback scenario, and I often make purchases at this stage). Additionally, we are still in a bearish structure on the 4-hour chart.
Currently, the 4-hour structure has a significant Liquidity or IDM that is quite distant, which causes the market to attempt to create an IDM. For this reason, it is likely that we will see an upward movement towards the specified area, either to create a Meeting Imbalance or potentially lose the temporary low. This will, in turn, create a short-term IDM. This anticipated Pullback is what I am waiting for to establish a target for solidifying a future trend change.
Market Analysis: The target for the decline in the GBP chart is likely the Order Block Extreme.
Buying Condition: Personal purchases are not made without 4-hour confirmation, and emphasis on confirmation plays a crucial role in entering buy positions.
Thank you for your support!
Fereydoon Bahrami
"A retail trader in the Wall Street trading Center (Forex)."
DOGEUSD Retests $0.26 Support: Bullish Continuation Ahead
DOGE/USD shows a robust bullish structure as the price consistently trades above the EMA Ribbon , which remains aligned to the upside. The market structure confirms two consecutive bullish break-of-structure ( BOS ) levels, further solidifying the current uptrend.
After breaking through the resistance at $0.26, the price has successfully retested this level, which now acts as support. As long as the price holds above this area, the bullish momentum is expected to continue, targeting the next key level at $0.56.
However, caution is advised. A daily close below the $0.22 level would invalidate the bullish scenario, indicating a potential shift in momentum and opening the door for a bearish move.
With the current setup, all eyes are on whether DOGE/USD will maintain its support and move toward the next target, or if it will fail to hold its levels.
👨🏻💻💭 What’s your take on this bullish structure? Share your thoughts below!
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XRP’s Symmetrical Triangle: The Tipping Point
XRPUSD is consolidating within a symmetrical triangle, positioned near the all-time high (ATH) resistance zone. This structure reflects indecision in the market as the price holds above the EMA Ribbon , which remains bullish, while also facing significant resistance.
The TSI has been declining; however, the price has maintained its range, indicating that the bullish trend remains supported.
If the price breaks out of the triangle, the projected targets are $3.83 on the upside and $1.33 on the downside, with the latter aligning with a demand zone.
Traders are advised to monitor the breakout direction and use the previous swing low or swing high as a potential stop-loss level, as the outcome will likely dictate the next significant move.
👨🏻💻💭 What’s your take on this consolidation? Will XRP break higher or retest lower levels? Let’s discuss below!
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Lingrid | GOLD climbing to NEW Levels. LONG TradeThe price perfectly fulfilled my last idea. It hit the target zone. OANDA:XAUUSD formed equal highs and is currently hovering around the 2650 level, which is a crucial point where it will decide whether to move higher or lower. However, considering that the market has been making higher lows, I think the price may retest the area above the equal highs. Looking left we can see that the price made similar behavior when it consolidated around the 2650 level before surging upward. I expect the price might form an ascending triangle pattern, with expectations for a breakout and at least reach the channel's upper border. My goal is resistance zone around 2677
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
ETH/USDT: A Demand Zone That Can't Be Ignored
Ethereum has shown a significant bounce after breaking above the critical support level at $2,870 . This move indicates a potential shift in momentum, aligning with the idea of a range change. Currently, ETH appears to be trading near the lower boundary of this new range, which presents an opportunity for a bullish continuation.
The $3,100 level is identified as a key demand zone, as it was previously an area where buyers showed strength, driving the price higher. A potential entry around this level aligns with historical price action, making it a favorable zone for a long trade setup.
The trade plan suggests activating a long position at $3,100 , with a tight stop-loss placed just below the $2,870 level to manage risk. The initial target for this setup is $3,744 , a significant resistance level where the price could encounter selling pressure.
The overall strategy hinges on the assumption that Ethereum has shifted to a higher trading range and that the current price zone near $3,100 represents a strong accumulation area. If this thesis holds, a move toward $3,744 could materialize in the coming sessions, provided that ETH maintains support at the $3,100 level and sustains its bullish trajectory.
👨🏻💻💭 Are you ready to take advantage of this ETH setup? Let me know your thoughts below!
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The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
"The Wick Alignment Reversal" This chart is nothing short of a masterpiece of precision and strategic thinking, capturing a potentially game-changing setup. Let’s break it down in detail:
1. The Pivotal Trendlines: Laying the Foundation
Marked by white circles, two key pivot trendlines emerge from aligned wicks that act as structural support. These pivots aren't mere random points—they're where the market decisively turned, signaling strong buyer interest. Connecting these pivot lows forms the foundation of a potentially explosive bullish triangle.
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2. The Bullish Triangle: The Calm Before the Storm
Highlighted by the white, green, and red trendlines, the triangle takes shape—a classic bullish continuation pattern. With the price steadily compressing between these converging lines, tension is building. Each bounce off the lower trendline (support) reflects buyers stepping in aggressively to defend their ground.
This tightening range is often the precursor to a breakout, and when it happens, the market could ignite like a powder keg, propelling the price to the upper target zone.
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3. The Long Position: A Calculated Gamble
Your long position, with clearly defined:
• Entry at the current breakout level,
• Stop-loss just below the lower pivot trendline (to protect against a false breakout), and
• Profit target near the apex of the bullish triangle,
shows not just confidence but precision. You've aligned your trade perfectly with the ongoing pattern, giving yourself an optimal risk-to-reward ratio.
The stop-loss placement below the pivot trendlines is critical—it’s right where you’d expect strong support to hold. If that level breaks, the triangle would be invalidated, and cutting losses at that point would be the smart move.
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4. Pi Cycle Levels: A Higher Power at Work
Adding another layer of excitement, I’ve incorporated the Pi Cycle levels, which are known to mark key market turning points. This adds a sense of inevitability—like the universe itself is aligning for this moment.
These Pi Cycle levels, combined with the bullish triangle, suggest that this isn’t just a small move; this could be part of a larger macro-level reversal.
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5. The Drama: Tension and Breakout Potential
Right now, the market is at a critical juncture—the price is testing the upper resistance of the triangle. The question is: Will the bulls muster enough strength to break out?
If the breakout occurs, it could lead to a swift move upward, as trapped sellers scramble to cover their positions, fueling the rally even further.
This is where the excitement builds. The consolidation within the triangle has been long enough to generate significant energy. A breakout would release that energy in the form of a powerful surge, potentially hitting your profit target in dramatic fashion.
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Conclusion: A High-Stakes Setup
This setup is a perfect blend of technical precision, strategic positioning, and disciplined risk management. The alignment of pivot trendlines, the bullish triangle, and the Pi Cycle levels creates a high-stakes environment filled with potential.
Now, it’s all about execution. Will the breakout happen? Will the bulls take control and launch the price toward the target? Time will tell, but one thing is certain: you’re positioned at the heart of the action, ready to capitalize on what could be an explosive move.
Can BTC Bulls Defend 89K and Target New Highs?
Bitcoin's price has previously rebounded from the key support level at 91.5K , signaling strength in the bullish trend. The TSI indicator is currently at a very low level, but as long as the 89K support remains intact, this suggests the bullish momentum could continue. For a stronger confirmation of an upward move, a break of the previous swing high near 94.5K would be crucial, along with a bullish TSI crossover and potentially a new Signal Builder buy signal.
The Point of Control (POC) for this range is at 97.5K , making it a short-term target for bulls. Breaking above this level could pave the way for Bitcoin to challenge its previous all-time highs. However, if Bitcoin fails to hold the 89K support , the trend may reverse to the downside, warranting caution.
In summary: Bitcoin is at a critical juncture. A bullish continuation above 94.5K opens the door to 97.5K , while a break below 89K could signal the start of a bearish trend.
👨🏻💻💭 Will Bitcoin break above 94.5K and hit 97.5K, or are we heading back to 89K? Share your thoughts below!
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EUR/CHF Bearish PennantThe EUR/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Pennant pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 0.9360
2nd Support – 0.9337
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GOLD (XAUUSD): One More Bullish Signal
Gold continues growing, as I predicted in the beginning of this trading week.
The market perfectly reached the first goal.
Analysing a price action on a daily, I see one more bullish signal now.
The market violated a strong horizontal resistance and closed above that.
With a high probability, the rise will continue.
Next resistance - 2716
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Bitcoin is at a critical point - Consider this very seriously!!Hey family! Welcome to the wild world of cryptocurrencies, where the market can swing from one extreme to another in the blink of an eye. Crypto trading is known for its high volatility, which means prices can go up or down dramatically in short periods. Right now, many traders are buzzing with excitement, expecting Bitcoin to go on a bullish run. However, in such a dynamic market, it's always wise to consider the other side of the coin. Given the current sentiment, there's a good chance we might see some bearish moves too. So, while we're all hoping for the best, let's keep our eyes open for potential dips and prepare accordingly. Let's dive into today's analysis with that in mind!
Overview
This report provides a detailed technical analysis of Bitcoin (BTC) against Tether (USDT), focusing on the Ichimoku Cloud and chart pattern formation in combination.
Head and Shoulders Pattern
Pattern Description: The chart shows a Head and Shoulders pattern, which is a bearish reversal pattern following an uptrend. It consists of three peaks: the left shoulder, the head, and the right shoulder.
Identification on Chart:
Left Shoulder : Formed around mid-November.
Head : Formed in Mid December, peaking at approximately $108,000+.
Right Shoulder: Currently forming as of Jan 10, 2025, with a peak slightly lower than the head formed on Jan 7th.
Neckline : The neckline is drawn at the price level where the dips occur between these peaks and it is a wise choice to take the price zone as a whole in to consideration instead of just a specific price level. By this the neckline zone can be taken as between $89,800 & $92,400. A breakout below this level suggests a strong trend reversal.
Ichimoku Cloud Analysis
The Ichimoku Cloud, or Ichimoku Kinko Hyo, provides insights into support/resistance, momentum, and trend direction .
Here's the breakdown:
Kumo (Cloud): The cloud is formed by two lines, Senkou Span A and Senkou Span B, projected 26 periods into the future.
Current Cloud: The price has recently broken below from the upper cloud support, which was acting as support, and heading to the bottom of the cloud. This breakout below the cloud is a bearish signal indicating potential further downside.
Future Cloud : The future cloud (shaded area ahead) is sloping upwards, which traditionally would suggest bullish momentum, but given the current price action below the cloud and the reddish color it created, it might imply a false bullish signal or a potential resistance if the price attempts to recover.
Tenkan-sen (Conversion Line) and Kijun-sen (Base Line):
Tenkan-sen : This line (blue) is the average of the highest high and lowest low over the last 9 periods. It's currently below the Kijun-sen, reinforcing the bearish sentiment.
Kijun-sen: This line (red) is the average of the highest high and lowest low over the last 26 periods. The price is below both lines, indicating bearish momentum.
Chikou Span (Lagging Span) : This line shows the current price action shifted back 26 periods, providing a historical perspective.
Position: The Chikou Span is below the price action from 26 periods ago, which is another bearish signal.
Kijun-sen Cross : The Tenkan-sen crossing below the Kijun-sen while both are below the cloud strengthens the bearish outlook.
Key Price Levels
Breakout Level: $89,800 (Neckline)
Current Price: Around $92,750
Resistance: Cloud top around $95,000 - $97,000 - $100,000.
Support : Below the neckline, potential support around $85,000 to $82,000.
Volume Analysis
Volume: While high/average volume during the formation of the head might suggests strong participation, the volume during the right shoulder formation is lower, possibly indicating reduced buying interest.
Last Note : As a confluence the Trend Strength Index is also showing a declining movement both the weekly and daily charts even though it it at floor levels on the 4 Hr chart. This basically tells us that we might see some dip movements in the following days if volume continue dumping like it does in the past 3 1D candles.
Conclusion
Using the Ichimoku Cloud, we observe several bearish signals for Bitcoin:
The price is below the cloud, indicating bearish momentum.
The Tenkan-sen is below the Kijun-sen, and both are below the cloud, reinforcing the bearish trend.
The Chikou Span is below past price action, further confirming the bearish scenario.
Despite the future cloud showing an upward slope, the current price action suggests a continuation of the downtrend, with the Head and Shoulders pattern serving as a strong bearish indicator. Traders should consider this analysis in light of overall market conditions, keeping in mind that while the Ichimoku provides comprehensive insights, market sentiment and external factors also play crucial roles. Watch for any potential retest of the neckline or cloud for further confirmation of the trend.
But instead of the bearish breakout to the downward, if Bitcoin can rebound from the current price level, it is going to be yet another strong bullish move for a formation of a megaphone which is unlikely though.
For risk management, always consider using stop-loss orders, especially in volatile markets like cryptocurrency.
Stay Tuned for further updates.
With Regards.
CTE.
BTC, how to use the Crypto Fear and Greed IndexHello everyone,
ever wondered how to use the crypto fear and greed index properly?
It’s calculated using factors like volatility, volume, social media sentiment, and surveys, producing a score from 0 (Extreme Fear) to 100 (Extreme Greed).
Today the index showing 43 points, which is close to the fear zone again.
Do you think it's time to buy now?
HMSTR Main Trend. Trader's Tactics and Risk Control 01 2025Logarithm. Time interval 1 day. A triangle is being formed, almost in the final phase of its formation. The price is in its lower zone. A breakthrough of the triangle resistance is a big pump, the minimum is its % from the base.
⚠️ It is worth noting that locally there may be a “dump” under the dynamic support of the formation for collecting liquidity. Although, in fact, this has already happened a little earlier. But, if the market allows, this can happen again. Just take this into account in your risk management.
It is worth emphasizing, for those who have tolerance, that in the center of the triangle (its integral part) a double bottom with a flat top (projection of forced actions of the market maker) has formed, which, as a rule, has a very positive effect on long-term goals (they are "not" on the chart).
There is a local correction of bitcoin and the market as a projection as a whole. A good time to accumulate altcoins . This is one of the candidates for accumulation. You can buy in parts (an acceptable average price is important):
1️⃣ That is, according to the market now, the first zone. 1/3 of the volume.
If you are afraid, then wait for a breakout of the triangle , that is, a breakout of the downtrend. You can set trigger orders for a breakout so as not to “freeze” money. If on your exchange, where you trade “dinosaur functionality” (for example, Binance), then in this zone you set a regular stop loss for buying (breakout).
2️⃣ The other part (you set trigger or limit orders) as the price decreases to collect liquidity, depending on the market situation. Zone 2 is the zone where everyone sets a stop loss, that is, everything is the other way around. It is displayed as a capitulation zone.
3️⃣ Third zone — in case of deep price slippage due to low liquidity (optional and unlikely). You simply place a grid of orders.
If you use trigger orders , which do not freeze money in the order, then you can also use this volume for a breakout. That is, resistance in the form of a triangle, and in the case of a negative scenario, key resistance levels that will form when the price falls, the breakout of which determines the trend reversal.
Linear for trend clarity and formation without market noise.
Don't get stuck in the market noise, as well as in the noise of the majority opinions, which is formed by the breath of micro-market movements and news FUD of deception, which forms the anti-logic of the market behavior at the moment, radically, to the opposite, and so many times.
If, conditionally, you are isolated from all this meaningless “important”, then as a consequence, you will have: a clear mind, a healthy psyche and many times greater profit over the distance.
Always stick to your trading plan and control risks, regardless of the news flow, and the opinions of others who want to convince you and incline you to their "correct" opinion.
Your trading plan should not change from the opinion of the majority or "unforeseen market movements".
If this is observed, then admit that you have no trading plan (hard work and intelligence), and you hope for luck, like most of those who "give to the market", and in the end you drain your life energy to the “golden Baal”. It will work once, the second time, in the end, the end is still the same - a negative sacrificial emotional explosion and devastation.
That is, your luck (Fortune-Tyche-chance) will turn away from you, and emotionally rape your psyche, empty your pocket (a resource for the realization of your desires on merit earlier), and the time previously spent on "I'll risk the last time". If a person deceives himself like this, encourages himself, then the last time turns into a trip with many alternations of stops - "good" / "a little painful", to the final stop, called — "big unbearable pain") ...
Bitcoin (BTC): technical and fundamental analysis. Altseason. The price of Bitcoin has declined following the release of labor market data (JOLTS) and the FOMC meeting minutes, where Fed officials expressed concerns about the impact of Donald Trump's policies on the U.S. economy. BTC's price has once again fallen below the 200 EMA line and is currently retesting the support block at 90,000–91,000, which it has repeatedly bounced off over the past month. If Bitcoin breaks below this level under selling pressure, we anticipate a continued correction into the 4H Imbalance zone, located between the 0.5 and 0.61 Fibonacci levels. In this area, reversal patterns can be sought for building short-term long positions in the 87,000–82,000 range. The likelihood of further decline is indicated by the crossing of the EMA 200 and EMA 50 moving average lines. At the same time, the RSI indicator is already near its lower limits, offering hope for a quick end to the correction if the support levels of 87,000 and 80,000 hold against the sellers' pressure.
For Bitcoin to resume its upward trend, it needs to break above the dynamic resistance of the 200 EMA and hold above the psychological level of 100,000. In that case, we would expect further growth with a retest of the resistance block at 108,000–110,000 and a potential update of the all-time high.
📉 Bitcoin market global analysis. When does the altseason start?
On the daily logarithmic chart, the RSI indicator has crossed below the midline, suggesting a continued correction is likely. During Bitcoin’s rapid growth in November 2024, an Imbalance 1D zone formed in the 77,000–85,000 range, characterized by significant gaps at horizontal trading volume levels that need to be filled through consolidations.
After the correction is complete, the next target for Bitcoin's price growth could be the global trendline, drawn based on the two peaks of the previous growth cycle. This line may be tested around the 120,000 level, as confirmed by the analysis of large order blocks in exchange order books.
Meanwhile, the crypto market is gearing up for the much-anticipated altseason—a period when altcoins outperform Bitcoin in returns. Altseason typically follows Bitcoin's new all-time high and its consolidation within that range, as investors reinvest profits into other coins to maximize gains. However, the upcoming altseason will likely differ from previous ones due to the influx of institutional funds via Bitcoin and Ethereum ETFs and the tightening regulation of crypto assets.
Historically, in 2017 and 2021, the start of altseason coincided with a decline in Bitcoin's market dominance. A drop in Bitcoin's share of total market capitalization below 50% could signal the beginning of altseason. Additionally, altseason often aligns with moments when Bitcoin reaches the upper boundary of the Bollinger Bands on the weekly chart.
💠 Analysis of liquidity zones and levels
The Fear and Greed Index remains in the Greed Zone - 69.
The total cryptocurrency market capitalization has fallen to $3.19 billion, while the Bitcoin Dominance Index has risen to 57.94.
According to the analysis of the accumulation of large order blocks in the order books, the supply and demand zones are located at the following levels:
🟢 Demand Zone: 80,000 - 91,000
🔴 Supply Zone: 105,000 - 120,000
Levels for long positions:
90,000 - psychological support level
87,000 - 88,000 - large support block
80,000 - large support block
Levels for short positions:
105,000 - largest resistance block
110,000 - largest resistance block
120,000 - ascending trend line of resistance
📊 Fundamental analysis
At the December meeting, the Federal Open Market Committee (FOMC) discussed various topics, ranging from inflation risks to the anticipated slowdown in rate cuts. Fed officials expressed concerns that Trump’s proposed trade and immigration policies could intensify inflationary pressures. Meanwhile, fresh U.S. labor market data may push the Fed to abandon further rate reductions. The cryptocurrency market reacted sharply, with significant price declines.
At the same time, financial analysts predict that the current bull market could become the longest in the history of the cryptocurrency industry. Investor optimism regarding a continued crypto rally surged after Bitcoin reclaimed levels above $100,000, following news that the largest BTC investor among public companies, MicroStrategy, resumed its coin purchases. The company acquired 1,070 Bitcoins for $101 million, bringing its total holdings to 447,470 BTC.
Experts believe the cryptocurrency market’s peak will occur in mid-2025, followed by a steep decline. Net liquidity of $57 billion, expected to flow into the market in the first quarter, may temporarily support the bull market. However, economic pressures are likely to trigger a correction. These projections are based on an analysis of market liquidity and the impact of political events, as U.S. dollar liquidity remains a critical factor in crypto market dynamics. Changes in Fed policy and U.S. Treasury operations could lead to significant volatility.
🌐 Upcoming Events in the Global Economy
We expect increased volatility in both stock and cryptocurrency markets on the following dates:
➤ 01/15, 16:30 - U.S. Core Consumer Price Index (CPI).
➤ 01/16, 16:30 - U.S. Initial Jobless Claims.
➤ 01/29, 22:00 - New Fed Interest Rate Decision.
➤ 03/19, 22:00 - New Fed Interest Rate Decision.
📈 Statistics of signals from our AI trading indicator :
In December 2024, the price of Bitcoin updated its historical maximum, then a correction began. Our trading indicator, as always, warned about this in advance! And even during the flat period it gave good entry points. Thanks to the latest updates, all signals have become profitable, and built-in Anti-Flat System prevented losses from manipulative market movements. 😎
Total price movement by all signals: + 45.09%
Maximum price movement: + 11.17%
Average price movement: + 5.01%
In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement:
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
It's been a quiet day in Camelot with us only trading the red box indicators on the scalps. We've hit one Excalibur target upside but due to thin volume that's all we got. We now have the resistance level above at 2670 and the support level 2666 and below that 2660. As long as 2670 holds us down we would expect this to want to settle lower in preparation for NFP.
We'll be back tomorrow for the NFP KOG Report and our view for the day.
Bullish above 2630 with targets above 2650✅, 2655✅ and above that 2667✅
Bearish below 2630 with targets below 2624, 2620, 2610 and below that 2604
RED BOXES:
Break above 2640 for 2646✅, 2650✅, 2659✅ and 2670✅ in extension of the move
Break below 2625 for 2620, 2617, 2610 and 2604 in extension of the move
ALL BULLISH TARGETS COMPLETED!
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG