Get started

Signalservice

Lingrid | GOLD price ACTION Ahead of POWELL's "Reality CHECK"OANDA:XAUUSD is eagerly awaiting the upcoming speech from Powell, which is sure to have a significant impact on the markets. Overall, the price has bounced back from the area I highlighted in my weekly forecast. Currently, it is trading around the psychological level of 2500, and there is potential for it to push upward toward the next resistance level at 2600. With that said, I anticipate volatility in the market, which could lead to breakouts from the previous day's highs or lows. If Powell hints at a future rate cut, I believe we could easily reach 2550. My target is resistance zone around 2545.000 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDLong
by Lingrid
4
Lingrid | EURCAD broke KEY Trendline SUPPORTFX:EURCAD has established a divergence and formed a double top at the resistance zone. It recently broke through a trendline that had been supporting the price for an extended period. This break and subsequent close below the trendline signal a bearish outlook. Additionally, the price bounced off the resistance area, leading to a bearish impulse leg. I anticipate the market will move downward towards the support level, retracing from resistance to test the channel boundary. My goal is to support level at 1.50650 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
6
Lingrid | TONUSDT remains Stagnant in SIDEWAYS MovementOKX:TONUSDT continues to move sideways on the daily timeframe, with the price consolidating above 6.00 and below 7.00. This suggests that the market is in an accumulation phase. On the weekly timeframe, the price remains within the range established in the previous week. It's important to note that the price has broken and closed above the 6.00 level, which has historically acted as a strong support level. Given these conditions, it appears that the market will likely stay within this consolidation zone until August. My target is resistance zone around 7.660 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
3
Gold Trading Strategy: Resistance at 2520 Reinforces Bearish OutIn my analysis yesterday, I mentioned that Gold could start correcting, and that rallies should be sold. This prediction played out as expected: after attempting to rise above the 2520 mark, the price began to decline, reaching an intraday low just below the critical 2500 level. Although the bulls tried to regain control, they faltered again around the 2520 level, indicating a strong resistance at this point. This suggests that a solid ceiling has formed at 2520, and further declines in Gold's price are likely. As of now, the price is hovering just above 2500, and my strategy remains unchanged: sell during rallies. The first target for the bears could be the support zone around 2485. However, in my opinion, if the price decisively breaks below 2500, a more appropriate target would be 2460. This bearish outlook would be negated by a daily close above 2520.
OANDA:XAUUSDShort
by Mihai_Iacob
9
BankNifty Prediction for Tomorrow : 23 August 2024BankNifty Prediction for Tomorrow: 23 August 2024 The market was pretty much sideways today. According to the Risological swing trader: The Trailing stop loss is at 50,675 If the event of a gap down tomorrow morning, and closes below 50,675 in 15m candle close, I will be looking at buying PE side positions. If it continues the upside movement, the upper targets are as follows. These are also the resistance zones. Resistance: 51,430 - 52,108 - 52, 527 Trailing stop loss - 50,675
NSE:BANKNIFTYLong
by ProfitsNinja
Lingrid | GOLD Weekly PRICE ACTION OutlookOANDA:XAUUSD surged to a new all-time high on Friday, breaking through previous resistance zones. The price reached 2,508 and closed with a huge bullish candle, signaling the continuation of the upward trend. This strong momentum suggests that further gains are likely for the upcoming week. On the two-week timeframe, there's a clear break and close above the July high, suggesting further extension toward the 2,550 resistance level, particularly since the inside bar pattern has been activated. On the daily timeframe, the market has also broken and closed above the triangle pattern, which is a classic trend continuation setup. The price action appears to be forming an AB = CD movement, with the D point projected around the 2,550 level. Several factors suggest that the gold market could continue to rise up to 3000. Central banks around the world are increasing their gold purchases, and with interest rates beginning to decline, gold is becoming more attractive to investors. Additionally, ongoing geopolitical tensions and economic uncertainties further support this bullish outlook. Therefore, any short-term pullbacks present attractive buying opportunities for traders. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDLong
by Lingrid
38
Lingrid | AUDNZD potential LONG from the SUPPORT zoneThe price perfectly fulfilled my last idea. FX:AUDNZD has recently pulled back to the support area following a strong bullish impulse move. Although the price broke and closed below the previous range zone, a bullish divergence is emerging as the price approaches the support level. This price action is creating a complex pullback, suggesting that the bearish momentum may be losing strength. I believe that the market will likely consolidate in this area before potentially bouncing off the support level, as it appears to be oscillating around a key psychological level. I anticipate a move toward this level. My goal is resistance zone around 1.1000 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
5
Lingrid | TRXUSDT continues TRENDING. Pullback tradeThe price perfectly fulfilled my last idea. BINANCE:TRXUSDT has pulled back after a recent surge. The market recently broke and closed above the flag pattern, and the price has retraced approximately 38.2% of the preceding bullish move. It has now reached a resistance zone that was last tested in 2021. The price also managed to pull back to the previous higher high zone, from which it has already begun to bounce. If we examine the weekly timeframe, we can observe that the market has broken through a giant triangle pattern, indicating a potential continuation of the trend. My target is resistance zone around 0.1670 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
1
Bitcoin- back to channels resistance?Since March, Bitcoin has been trading within a clear downward channel, making lower highs and lower lows. While this suggests a downtrend, it should be viewed as a correction within the broader uptrend that began in early 2023. From a long-term perspective, Bitcoin needs to clear the 68k level to aim for new all-time highs. In the short term, the sharp reversal from just below 50k has been significant, and it’s possible that a higher low has formed around 56k. However, for the next upward move to gain traction, bulls must break through the local resistance at 61.5k. If this resistance is cleared, the price could once again test the falling trend line, which currently lies around 68k.
BITSTAMP:BTCUSD
by Mihai_Iacob
1
Lingrid | MATICUSDT tested June 2022 HISTORICAL Support LEVELBINANCE:MATICUSDT has reached the demand zone that was last tested in June 2022. The market formed a long-tailed bar on the weekly timeframe, indicating level rejection and a potential bullish move. Additionally, it broke and closed above the accumulation zone, which is another positive sign. I believe the market may rise to retest the resistance if the price remains above the 0.400 level. I expect it to break through the channel and continue its bullish trajectory. Keep an eye on the closure for August, as the price action on the monthly chart is creating another significant long-tailed bar. My goal is the resistance at 0.500 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
MLong
by Lingrid
2
Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
FXOPEN:XAUUSDLong
by syomking76418
1
Gold Hits New ATH Amidst Volatility: Preparing for a Correction?If you’ve been following my analyses over the past 10 days, you’ll know that I’ve maintained a bullish outlook on gold, anticipating a rise above 2500. Although last week was marked by strong volatility, and two of my long trades didn’t hit their targets—one closing at break-even and the other with a modest 40-pip profit—the overall outcome has been quite satisfactory, with gains totaling around 600 pips. Looking ahead, while the overall trend remains strongly bullish, I now expect some correction. As shown on the posted chart, the price reached the resistance of the channel in which gold has been trading recently. After hitting a new ATH yesterday at 2530, the price encountered significant volatility, likely due to profit-taking, which often signals a temporary top. As I highlighted in an update during yesterday’s trading session, the key level for bulls to watch is around the 2505 zone. A break below this level could lead to a decline towards the crucial support at 2480. With this in mind, I’m looking to sell rallies against yesterday’s high, targeting the 2480 level.
OANDA:XAUUSDShort
by Mihai_Iacob
10
XAUUSD Retracement and Trend ContinuationXAUUSD is currently undergoing a pullback following a strong bullish move. The support area between 2485 and 2500 offers an opportunity to consider a long trade, especially if the price shows bullish signs, such as a false breakout. From this support zone, the price could retest the resistance area, as the price action seems to be forming a complex pullback. However, it's crucial to remain cautious, as there is still a chance the price could dip lower, particularly since the daily timeframe shows a bullish candle with a long wick. The target is the resistance zone at 2529
FOREXCOM:XAUUSDLong
by RTED_Investing
Lingrid | GOLD retracement and TREND Continuation POTENTIALOANDA:XAUUSD is currently experiencing a pullback after a strong bullish move. The support area between 2485 and 2500 presents a opportunity to take a long trade, particularly if the price shows bullish signals, such as a fake breakout. I expect a retest of the resistance zone from this support zonel, as the price action appears to be forming a complex pullback. However, it's important to note that there is still a possibility of the price dipping lower, especially since, on the daily timeframe, we have a bullish candle wth a long wick. My target is resistance zone at 2529 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDLong
by Lingrid
6
Lingrid | EURUSD short-term pullback from the RESISTANCE zoneThe price has successfully reached the target zone outlined in my previous forecast. FX:EURUSD is currently approaching a weekly resistance level that was last tested in December 2023. Given that this resistance level previously experienced a bearish reversal, we can anticipate a potential short-term pullback or choppy price action in this area. I expect a likely fake breakout above both the channel border and the resistance level, which might result in a short term correction in the market. My goal is the support level around 1.10500 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
20
Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
FXOPEN:XAUUSDShort
by syomking76418
Gold- Correction or continuation?Yesterday, gold corrected Friday's strong upward move and dropped precisely into my buy zone. A recovery followed, with the uptrend resuming; however, the price was unable to surpass the recent all-time high (ATH) and began to decline again. While there is a possibility that a double-top pattern could be forming, this has not been confirmed, and the overall trend remains strongly bullish. In my opinion, bulls have little to worry about as long as the price stays above the 2480-2485 zone. Buying on dips should continue to be the strategy.
OANDA:XAUUSDLong
by Mihai_Iacob
6
Lingrid | GBPCHF breakout followed by PULLBACK and ContinuationFX:GBPCHF is currently making lower lows, indicating a bearish trend. Recently, it reached the 50% retracement level on the daily timeframe and is now near significant resistance at 1.12500, along with the upper border of the channel. The price action has been in a consolidation zone since April but it has broken through it. Currently, the market is pulling back to retest the lower border of that consolidation zone. I believe we are witnessing a classic breakout-pullback-continuation scenario. The last two daily candles are doji candles, suggesting indecision in the market. If the price breaks below the lows of those doji candles, we could see an impulsive leg down, confirming the bearish sentiment. My target is support level at 1.09875 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
14