darrelb13

darrelb13

Risk Warning: Trading involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. ◦ The profit potential exists alongside the risk of loss. ◦ Please carefully consider your financial situation and risk tolerance before following any trade signal. It is important to note that this is just one...

darrelb13

Risk Warning: Trading involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. The profit potential exists alongside the risk of loss. Please carefully consider your financial situation and risk tolerance before following any trade signal. It is important to note that this is just one indicator and...

darrelb13

Risk Warning: Trading involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. The profit potential exists alongside the risk of loss. Please carefully consider your financial situation and risk tolerance before following any trade signal.

darrelb13

Risk Warning: Trading involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. The profit potential exists alongside the risk of loss. Please carefully consider your financial situation and risk tolerance before following any trade signal.

darrelb13

Risk Warning: Trading involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. The profit potential exists alongside the risk of loss. Please carefully consider your financial situation and risk tolerance before following any trade signal.

darrelb13

Gold Sell Divergence can be a trading strategy or technical analysis concept where a trader identifies a divergence between the price of gold and a related indicator. This divergence suggests that there may be a potential opportunity to sell gold. It indicates a discrepancy between the direction of the price movement and the direction of the indicator, signaling a...

darrelb13

Gold Sell Divergence can be a trading strategy or technical analysis concept where a trader identifies a divergence between the price of gold and a related indicator. This divergence suggests that there may be a potential opportunity to sell gold. It indicates a discrepancy between the direction of the price movement and the direction of the indicator, signaling a...

darrelb13

By waiting for a break of market structure, you ensure that the price has successfully surpassed previous resistance levels, indicating a stronger and more reliable upward trend. This approach can help minimize potential risks and increase the likelihood of a successful trade. Remember, it is crucial to prioritize capital protection at all times. Even if the RSI...

darrelb13

This week, we can expect low volume and volatility in USD trading due to the lack of significant fundamental drivers. Since most of the important fundamental factors from last week have already been factored into the market, there isn't much new information to drive major price movements.

darrelb13

It appears that there has been a trendline break to the downside in the gold market, suggesting a potential shift from a bullish to a bearish trend. Additionally, the RSI (Relative Strength Index) has exited the overbought level, indicating that the buying pressure may have eased or diminished. Moreover, the increase in sell volume after a decline in volume...

darrelb13

I have identified a potential trade opportunity in gold based on a confirmed RSI sell divergence. The Relative Strength Index (RSI) is a popular technical indicator that measures the strength and momentum of price movements. In this case, the RSI indicator has shown a divergence where the price of gold has been making higher highs while the RSI has been making...

darrelb13

Trading the rising wedge pattern can be challenging as it is typically a bearish reversal pattern. It consists of two converging trendlines, with the upper trendline being steeper than the lower one. The price moves within this wedge formation, creating higher highs and higher lows. While trading this pattern, it is crucial to exercise caution and wait for your...

darrelb13

Today's price action for gold indicates that it must undergo a retest above before undergoing a full decline.

darrelb13

Today's price action for gold indicates that it must undergo a retest above before undergoing a full decline.

darrelb13

When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the...

darrelb13

The analysis provided highlights the characteristics and implications of a rising wedge pattern as a reversal pattern in technical analysis. It emphasizes that this pattern commonly occurs at the end of an uptrend and serves as a warning signal for a potential bearish shift in the market. The rising wedge pattern is typically observed after a sustained uptrend,...

darrelb13

There is an upward trend before the start of the pattern. There is a downward trend during the formation of the pattern. In most cases, the price continues to drop further, indicating a trend continual. Three peaks are observed during the pattern formation such that each peak is lower than its previous peak, indicating a downward trend. Also, the shape of the...

darrelb13

According to the Relative Strength Index (RSI), there is a possibility of a temporary retest on the lower levels before resuming an upward move. Additionally, it is observed that there exists a significant gap that may need to be filled.