As of October 17, 2023, at 09:00 AM, let's analyze the current technical situation of Gold. 🟡 Gold is currently positioned at a higher low (HL) on the downtrend line. It recently encountered resistance at the Senkun Span, which is a significant level within the Ichimoku Cloud. Subsequently, it underwent a brief bearish movement to maintain its position below the...
Gold if Passed and breaks the 1985 level we might be seing another 2000 level in the making. Extra caution on SELL position if happens. Stay close on the bounce. It may happen anytime soon.
My take on NZDUSD using Technical Analysis. Critical level HL 0.62870 and LL 0.55 level. Not taking a buy for the meantime but more incline on SHORT as it hit the HL.
This week will be critical if the 2nd wave correction is done or it will continue to be on bearish momentum. Let's see.
Welcome to our TradingView analysis for the upcoming week of June 26th to June 30th, 2023! 📈📉 In this forecast, we anticipate the continuation of a bearish momentum in the market, suggesting potential trading opportunities to play on the 1900-1935 level before encountering strong support at 1880. However, if the bearish trend persists, based on historical trends,...
US 100 might be heading to the the last week of another bullish momentum, with momentum start to slow down, expect US 100 to correct into anytime soon. Traders would likely take some profit, buying this time is not recommended but execute you trade with cautious manner. Let see on how US 100 to play this week, I might short SELL @15,000.00 Level if it reasched this week.
Take a closer look on what might happen to XRPUSD. If it correct or make a pullback on 0.50 level, then we have a last chance to get XRP on its lowest level prior to higher level. Watch out for any development the might happen anytime soon. Case: SEC vs Ripple XRP.
Gold is on the a critical point as it battle the general uptrend. 1935.00 would be a key level if gold want to break or not on its current position. If it bounce into 1935.00 it will be a good sign for the bull. no BUll position set for now unless it is confirm. Debt ceiling will be critical.
Gold is almost near the current lower trendline and can be a test BUY with the potential of bounce on the trendline, likewise, a breakdown on the trend will invalidate its current trend and may pull down the Gold price back to 1900 level. Pay attention to the different indicator as we observe on what will happen to Gold in a couple of days. Still TAYOR.
PLTR last night is on bullsih momentum and it is about to break its current resistance. Bought @9.98 level as the golden cross is about to cross and start to gain momentum.
WIth Gold continue to go downtrend, there would be two possible scenario that might took place if 1950 is reached as seen on my technical analysis. Watch out for any break our or brekdown. Another clear formation is the descending triangle pattern. Better pay close attention on this level.
From my point of view, WTI OIL is currently in a downtrend since the Death Cross occurred on September 8, 2022. The bearish movement may continue if the bulls do not respond. If you plan on buying, the 68.00 level would present an excellent opportunity, but it's advisable not to hold your position for too long. As long as there is no clear indication of an...
It seems probable that gold will continue to rise in value due to uncertainties in the US market, with the PA (price action) remaining strong and still positioned above the Ichimoku Cloud. If the price were to fall to the 1975 level, it would still be a favorable time to buy, while short selling would be a good option if the price reaches the 2050 level. It...
USDJPY breakout from the 1HR TF Trendline after BOJ decision to -01% interest rates resulting bearish on part of JPY and Bullish for USD. will it continue to move Bullish. a better entry when it pullback.
Still maintaining my previous technical analysis on WTI OIL, the gap was reached last week and might play on sideways prior to make major move. Bearish momentum is still strong when checking the Heikin Ashi, indicators are pointing down,NO sign of Bull movement, I might play the level from 76.00- 81.00 level (my Buying and Selling).
Gold goes sideways from last week trading as expected after the bull are fighting for the bear once again due to strong bearish momentum. Based on Ichimoku Cloud, based and conversion line are on the brink of crossing each which is bad for the BULL, bullish trader need to overcome this to maintain at least a sideway trend, Monday trading will be critical, if...
I'm just updating our last Technical Analysis. Last week no big movement was made, still maintaning its uptrend, and may breakout or breakdown in a couple of weeks. Start of May will be critical if can sustain the uptrend, watch out for the breakdown if the trendline breaks. Looking for big sector movement to shake up the market.
The gold finished the trading last week market with a bearish momentum, If GOLD could resist the 1990-2000 strong demand level it may bounce into that area of support. Remember the last TA which I told that anytime soon there will be a breakdown to the trednline and it happenlast Friday. RIght now the bear is on control and if it resist the 1990-2000 level this...