GOLD on daily we retested daily trendline breakout supply roof and the zone is 2630-2628 and to close the rejection at 2620 a strong 4 hours support zone. gold is held by two daily support structure ,if you can be patient for daily break and close of that level we are ready to short another 400pips drop. on the swing side, if the long term ascending trendline...
XRPUSDT will come to the golden ratio for a potential buy opportunity, at the moment, price is playing at the 0.321 zone .break below this level will be a sell confirmation on retest. 2025 is unpredictable and investors might be taking profit. BTC is taking correction from institutional sell off on economic uncertainty as the new leadership will focus on...
GOLD found support at 2687 zone and to close 2620 after tapping into 2629 supply zone. as the week opens we will see how the 2620 support /demand horizontal level holds price. Break of 2620 will be to go short
GOLD ,we hope that the current resistance keep buyers on current take profit rally,but if price upswings again we could see retest the broken resistance structure.
As dollar continues to hold its buying potentials ,British pounds will keep selling have a buy/sell structure which should guide buyers and sellers based on our strategy
US30 on daily will retest the neckline trendline and a demand floor for a potential buy opportunity
US30 rejected the roof at strong supply zone in the form of ascending trendline and sent price tanking, on technical buy us30 tomorrow, but we will look at strong confirmation on lower time frame for buy entry position
BTC updated the supply roof and rejected 107 and price might be heading for correction after a heavy rally
copper price dropping fast due to the following factors Economic Factors 1. Interest Rate Concerns: The Federal Reserve's hawkish cut has strengthened the US dollar, making copper more expensive for buyers using other currencies. 2. Global Economic Slowdown: Concerns about a potential global economic slowdown, particularly in China, have led to decreased...
ON hawkish fed cut all metal dropping in price ,2025 have mixed feeling for investors as change in leadership will bring different economic reforms . silver will continue to drop until we approach our demand floor
STATEMENT CHANGES There were only two notable changes to the statement compared to the prior one as flagged in the statement comparison at the back of this publication. Key is that language around forward guidance shifted. They now say: “In considering the extent and timing of additional adjustments to the target range for the federal funds rate….” Instead of: “In...
The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%, opting to take the time to assess the impact of financial and foreign exchange markets on Japan’s economic activity and prices. The yen weakened 0.3% against the dollar after the rate decision
The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%, opting to take the time to assess the impact of financial and foreign exchange markets on Japan’s economic activity and prices. The yen weakened 0.3% against the dollar after the rate decision, trading at 155.42 and hitting a one-month low
GOLD resisted at 2621 on break and retest. And we expect a cool off in the market while consolidation and correction for dxy giving gold buyers buy opportunity from 2686.56 to 2621
The gold price dropped today due to the Federal Reserve's hawkish cut, which sent investors seeking safety into the US Dollar, outpacing demand for gold. As a result, gold fell towards $2,600 and below.. This move was anticipated, as the market had priced in a hawkish cut, and the focus is now on the Fed's expectations for 2025, which suggest fewer interest rate...
GOLD could not hold on fomc ,Federal Reserve announced a quarter-point cut to its key interest rate Wednesday, an effort to keep stable what appears to be a steady but cooling economy. It's the central bank’s third rate cut of 2024. The move reduces the Fed's target rate to between 4.25% and 4.5%. In its statement announcing the cut, the Fed now projects just two...
ON technical we found break of ascending trendline and another sell confirmation to go shot on gold....
GOLD buyers still holding strong on support on fundamental possible swing,we want a clear confirmation to buy or sell based on the price movement and break of structure.