Capitafx42

Capitafx42 Mar 22, 2023

IMPORTANT NOTE: It is important to stay vigilant during the FOMC statement and press conference, as they could significantly impact gold trading. Keeping the aforementioned trading plans in mind could help navigate this volatile market successfully. As always, traders should exercise caution and utilize risk management strategies when trading gold. Use...

Capitafx42 Updated  Mar 17, 2023

Gold's Technical Outlook : Second Bullish Flag Formation on the Hourly 4 Chart Suggests a Buying Opportunity As a trader, I believe that a second bullish flag is forming on the hourly 4 chart's resistance cluster between #1,920.80 - #1,927.80. This could represent a technical buying signal, as bond yields are the main correlating asset, along with the inflation...

Capitafx42 Mar 14, 2023

Gold Trading Analysis and Forecast OVERVIEW Gold has been trading in a range-bound channel with a support level of $1900 and a resistance level of $1916. The current market price of gold is $1904 per ounce. In this report, we will analyze the short-term trading opportunities in gold and provide an outlook for the upcoming trading session. Short-Term Trading...

Capitafx42 Mar 9, 2023

GOLD IS HIGH RISKY AND VOLATILE IN THIS WEEK.MUST USE STOPLOSS TO SAFE YOUR CAPITAL Overview: Gold is currently trading within a descending channel on the hourly 4 chart and is holding onto the support zone at #1,800.80 - #1,805.80. If the selling pattern continues, there is a solid selling opportunity towards the #1,778.80 extension, as recession sentiment is...

Capitafx42 Feb 27, 2023

As per our discussion during Friday's session, my position is that I anticipate the high-impact announcements scheduled for today's session to favor sellers later on. Considering the technical necessity for the benchmark test at #1,800.80 and the fundamental developments that will likely have a bearish effect on gold, I see no reason why the #1,800.80 benchmark...

Capitafx42 Feb 20, 2023

My latest research on gold indicates that the first target of $1,827.80 has already been met, and with the hourly 4 chart showing an extension of $1,800.80 ahead, gold is currently trading within its anticipated higher lows lower zone decimal. While the hourly 4 chart has rejected the price-action, any marginal break of the $1,827.80 support has been followed by a...

Capitafx42 Feb 14, 2023

Gold Overview: Despite important bearish technical developments in the gold market, the U.S. dollar (DX) is currently trading comfortably below the lower high's lower zone on the weekly chart, way below the former 20-year high, which is causing gold to continue its sideways/ranging trend. The rejection of the lower high's upper zone on bond yields is also...

Capitafx42 Feb 7, 2023

The recent activity in the gold market has been characterized by aggressive volatility. Despite this, there have been notable changes, including an increase in the price of gold past the weekly low and a shift in the behavior of long-term investors as they take profits from their selling orders. I am considering selling opportunities on highs from 1775 to 1885...

Capitafx42 Sep 5, 2022

XAUUSD Trading at 1714$ per Ounes. We Expect gold for Short Term Selling from 1726 to 1736 Area. Use Trailing Stop and proper Money management with not more then 2% of risk on your whole capital. If Gold breaks the Trendline and moves up it will change the trend. Use Tight Stoplosses in your Trades. Close half of your tardes while approaching to half or the...

Capitafx42 Aug 29, 2022

EURGBP: Eurgbp is trading in Upper Wedge Correction Pattern Near its Resistance Area. We Expect a Short Opertunity near Resistance Zone with a stoploss above Resistance Zone Area. USe Trailing Stoploss. Always use 2% of your Capital at Risk. For more information Comment below!

Capitafx42 Aug 29, 2022

BUY if monthly Closing is Above 20,000 Wait for Monthly Closing, If Close below 20k Dont Buy. Use Stoploss & 2% Risk on your Capital Amount. Close half of your lots when reach 25k Target if break 26k you can hold till Neckline Resistance 32k Use Trailing Stop Target Price Estimated Time would be 6 months Holding Period. Its not a Short Term Trade.

Capitafx42 Aug 26, 2022

Gold is in selling trend below its resistance zone & below weekly Pivot Point. We expect Gold to move more bearish for 1730 again in comming days. Use Stoploss above second resistance Zone.

Capitafx42 Aug 26, 2022

Gold is in selling trend below its resistance zone & below weekly Pivot Point. We expect Gold to move more bearish for 1730 again in comming days. Use Stoploss above second resistance Zone.

Capitafx42 Aug 26, 2022

Buy If Break Trendline Buy EURCHF if break above trendline targets and Sl mentioned in Chart..