The combined impact of OPEC's stance and the US tariff policies has dealt a severe blow to crude oil. However, with the reversal of the tariff policies, market sentiment has reversed instantaneously. Short covering and the entry of long positions have propelled a significant rebound in oil prices. Nevertheless, overall, there is still a trend of a gradual step-by-step decline. In terms of trading operations, it is recommended to mainly take short positions on rebounds. Trading Strategy: Sell@61.5-62 TP:59-58 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
Purple Group (PPE) is a trading platform and asset management company that is aimed mainly at the private investor and offers the cheapest costs of dealing in shares on the JSE. The company has three divisions: (1) Easy Equities which enables investors to buy very small quantities of shares with very low dealing costs. For example, buying R100 worth of a share costs the investors just 64c. 95% of accounts opened are first-time investors and the company has 150 000 active investors. (2) Emperor Asset Management which manages funds on behalf of clients and (3) GT247, a derivatives trading platform. On 18th May 2023 the company announced the finalisation of its rights issue to raise R105m and already had the support of more than 27% of its shareholders. Shareholders will be offered 10,20567 new shares for every 100 shares that they already hold at a price of 81c per share. The offer is at a 31,87% discount to the volume-weighted average price (VWAP) of the 7 days ending 16th May 2023. In its results for the six months to 28th February 2025 the company reported revenue up 25,8% and headline earnings per share (HEPS) up 204,1%. The company's net asset value (NAV) increased by 9% to 45,35c per share. The company said, "Client deposits are rising, though not yet back at peak levels – signalling that further upside remains as clarity returns to global markets." The share is well traded with an average with over R1m worth of shares changing hands daily on average. The share has made a "double top" formation at around 340c in the first half of 2022 and then fell until the beginning of March 2024. Since then it has been rallying. We advised applying a 65-day exponentially smoothed moving average and waiting for an upward break – which occurred on 4th March 2024 at a price of 66c. It has since risen to 105c. We believe it still has significant upside potential.
⭐️GOLDEN INFORMATION: Trump announced Wednesday that tariffs would be temporarily reduced for dozens of countries, offering a short-term reprieve. However, he simultaneously hiked tariffs on Chinese imports to 125% with immediate effect, following Beijing’s retaliatory move to impose 84% duties on US goods. The escalating trade conflict between the world’s two largest economies has reignited concerns over global growth, prompting investors to seek refuge in safe-haven assets like Gold. “Gold is reclaiming its safe-haven status and appears poised to chart fresh all-time highs,” said Nikos Tzabouras, Senior Market Analyst. Meanwhile, scaled-back expectations for aggressive Federal Reserve rate cuts could lend support to the US Dollar, potentially limiting gains for the USD-priced metal. That said, traders still anticipate the Fed will begin easing in June, with markets pricing in a full percentage point of rate reductions by year-end. ⭐️Personal comments NOVA: Gold price continues to increase greatly, the fomo market and attention are focused on the gold investment channel: safe, continue to find new ATH zones ⭐️SET UP GOLD PRICE: ?SELL GOLD zone : 3245- 3247 SL 3252 TP1: $3230 TP2: $3210 TP3: $3190 ?BUY GOLD zone: $3168 - $3166 SL $3163 scalping TP1: $3175 TP2: $3183 TP3: $3190 ?BUY GOLD zone: $3134 - $3132 SL $3127 TP1: $3145 TP2: $3160 TP3: $3175 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
PEPE still did'nt find want to up or go down cause the centiment of market still sideways ,we all waiting policy of tarifff
BTCUSD – Bullish Gartley Pattern Forming ✅ Market Context: Pattern: Bullish Gartley Current Trend: Mid-term bearish Key Bullish Level: $62,000 (Potential PRZ – bullish reversal zone) Resistance: Long-standing bearish trendline, tested multiple times Support: Bullish trendline aligning near the Gartley PRZ at $62,000 ? Gartley Breakdown: XA: Strong bullish move AB: Retraces 61.8% of XA BC: Retraces 38.2–88.6% of AB CD: Extends to 78.6% of XA → Completion zone at $62,000 ? Trade Idea – Prepare for LONG Setup Scenario 1: Price Drops to $62,000 Look for bullish confirmation (candle pattern, divergence) Ideal entry zone to long from PRZ Stop-loss: Below Gartley X-point or local low (~$60,500–$61,000) Scenario 2: Price Consolidates Under Trendline If it breaks the bearish trendline, prepare for early momentum breakout Wait for a retest of the breakout and enter Targets: TP1: $65,500 (structure) TP2: $68,000 (Fibonacci 0.618) TP3: $70,000+ Risk-Reward: Aim for 1:2 or higher ⚠️ What to Watch: Daily RSI/MACD for divergence confirmation BTC volume confirmation near $62,000 Macro news: BTC ETF flows, Fed stance on rates, CPI
It is possible that Bitcoin is finishing wave 4 Will expand to wave 5 The target is more than 250,000 dollars
So I went back to the weekly after yesterday's success and ath (all time high) and had to re-draw my channel to get a little insight to where she's headed. To be honest, i see a move to 3300 happening (not a prediction). So I have this little vibe. watch the video to see my entry.. https://www.tradingview.com/x/2Q59szKr/
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 8x new trade setups this morning. As usual, you can read my notes on the charts for my thoughts on these setups. The trades being a AUD/JPY Buy, XAU/USD Buy, AUD/USD Buy, XAG/USD Buy, NZD/USD Buy, NZD/CAD Buy, GBP/AUD Sell & GBP/USD Buy. I also discuss some trade management. Enjoy the day all. Cheers. Jim
Predicting the future price of gold is inherently uncertain and depends on various factors, including economic conditions, inflation rates, interest rates, geopolitical stability, and supply and demand dynamics. As of August 2023, gold prices have been influenced by several key trends: Inflation and Interest Rates: Gold is often viewed as a hedge against inflation. If inflation remains high, demand for gold may increase, potentially driving prices up. Conversely, rising interest rates tend to strengthen the dollar, which can negatively impact gold prices. Geopolitical Tensions: Uncertainty due to geopolitical events can lead to increased demand for gold as a safe-haven asset. Events such as conflicts, trade wars, or political instability can push prices higher. Market Sentiment: Investor sentiment and market trends also play a significant role. Bullish sentiment can lead to higher prices, while bearish sentiment can have the opposite effect. Supply Constraints: Factors affecting gold mining production, such as strikes, regulatory changes, or natural disasters, can also impact supply and influence prices. Historically, gold prices have seen significant fluctuations. For example, in August 2020, gold reached an all-time high of around $2,067 per ounce. Future highs could surpass this level if the aforementioned factors align favorably for gold. In summary, while it is difficult to predict exact future prices, analysts and market watchers will continue to monitor economic indicators and global events to provide insights into potential gold price movements.
Sell AUDUSD Reason:Price has reached our pivot point at 0.62288 a potential reversal formation to the price of 0.61301. Wemight experience a hgher price as market could reach our QML level at 0.63147 where we could there after experience a move down to the QML base at 0.59149 First Entry (Pivot Point) Entry:0.62439 Tp:0.61301 Sl:40pips Second Entry(QML) Entry: 0.63147 Tp1: 0.61301 Tp2: 0.59149 Sl: 20pips above QML head Disclaimer :This is an idea used for educational purposes, it is not a financial advice or signal for you to take a trade. If you do, do so at your own risk, forex trading may put your funds at risk of losing them. Always trade safe and only risk what can afford to loe