Since the low 14th of November, the market seems to be establishing a new uptrend. A break of 2640 could lead to further downside to 2500. But be careful shorting in the boxed area, as there could be liquidation traps everywhere. Even though we dip a bit lower today, the market could have a sudden reversal anywhere inside this box, confirming the bullish trend might still be intact towards 3000.
Gold is still in a uptrend on the daily chart and gold is at trendline support on hour 4. So after taking profit from the last idea, i would like to try to buy this all the way up or even a new all time high because of the situation with wars, israel planning to attack iranian nuclear sites, ect...
Hello, OANDA:EURGBP has driven the price upwards, and now the 1M PP must hold as support. If it fails to do so, further downside could be likely. It's important to remember that the pair is still largely under bearish influence, and maintaining a cross and lock above the 1M PP is essential to avoid more downside. Despite the underlying conditions, the current sentiment remains strongly bullish. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
This currency has been forming a bullish trend for the past two weeks and I anticipate that the price will first grab the buyside liquidity before proceeding to the mid range of last few weeks at 1.796
⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) edges higher after dipping to the $2,644-2,643 range during the Asian session, a one-week low. This pause in its recent pullback from last Thursday's one-month high is supported by a softer US Dollar, driven by a slight retreat in US Treasury yields. Geopolitical risks and uncertainties surrounding US President-elect Donald Trump's policies also bolster demand for the safe-haven metal. However, expectations that the Federal Reserve (Fed) will take a cautious approach to rate cuts next year, given stalled progress in reducing inflation toward the 2% target, could support US bond yields and limit further gains for gold. Investors are likely holding back on major moves ahead of the much-anticipated FOMC meeting outcome on Wednesday. ⭐️Personal comments NOVA: Downtrend continues - Gold is under strong selling pressure before results of interest rate cuts ⭐️SET UP GOLD PRICE: ?SELL GOLD zone: $2674 - $2676 SL $2679 TP1: $2660 TP2: $2650 TP3: $2640 ?BUY GOLD zone: $2635 - $2637 SL $2632 TP1: $2645 TP2: $2658 TP3: $2670 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
Hello Traders and investor Xauusd can go buy 2690 It's support will be 2640 Current price 2652 It's 1st target will be 2668 I have placed in the remaining targets in the chart
CRYPTOCAP:OTHERS.D - High Volume - Price Above EMA 200
Bajaj Auto had a big gap up today morning and got rejected right away from The Daily resistance level. As per my understanding this has to be a good place to short for optimum risk to reward ratio considering that it has been in a downtrend. Short target - 8920.
USOIL: BEARISH TREND Price has been rising but a gap has been identified. Expecting a reversal and sell opportunity. Price is due for a correction and sellers are expected to take control. Key Levels: - Entry: NOW (70.70) - Stop Loss: (71.46) - Take Profit: (68.00) Linear Regression Channel: - Upper band: Resistance - Lower band: Support - Median line: Trend indicator My prediction: Sell opportunity arising from gap identification. Price has been rising but a gap has been identified. Expecting a reversal and sell opportunity. Price is due for a correction and sellers are expected to take control. Key Levels: - Entry: NOW (70.70) - Stop Loss: (71.46) - Take Profit: (68.00) Linear Regression Channel: - Upper band: Resistance - Lower band: Support - Median line: Trend indicator My prediction: Sell opportunity arising from gap identification. Best wishes Tom ?
Hello, FX:EURAUD is experiencing strong bullish momentum, but it may retest the 1W/1D support structure before continuing its upward trend. This will depend on how the price interacts with the pivot point it is currently hovering around. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344