Beautiful trade on oil in which I manually closed for around +6% profit. Will be looking for more potential entries to the downside if presented but there are other pairs on watch.
The macro case is building for this Friday. Great spikes to play at the zones identified. Check out our socials for some nice insights. Let us know if there're any pair you like to see or if this is something you like. Do ask if you have any question Not as refined as our direct trade setups. More for advanced active traders. information created and published doesn't constitute investment advice! NOT financial advice
Hello, passionate traders! What’s your take on gold? Gold has returned to its record highs, regaining its bullish momentum. In the short term, it is gaining strength as it moves above the EMA 34 and 89, signaling further upside potential. With a close analysis of today’s chart, combined with the current economic landscape, we continue to prioritize buying. The best strategy is to buy at marked support levels and enter after a confirmed breakout above resistance. ? Wishing you all a successful and profitable trading session! ?
Quant based zones based on valuation modeling and macro dynamics We really really love a spike for a momentum crash plays. Lets see if the market brings it to us Check out our socials for some nice insights. Let us know if there're any pair you like to see or if this is something you like. Do ask if you have any question. information created and published doesn't constitute investment advice! NOT financial advice
With the looming threat of an inflation rebound, demand for both gold and silver is skyrocketing, propelling the prices up. The Trump administration's continued threat of tariffs, along with the US CPI rising to 3.0% YoY (prev. 2.9%, cons. 2.9%) in Jan, has increased demand for inflation hedges. Meanwhile, rising pressure on gold prices, which have reached all-time highs, may drive additional capital flows into XAGUSD. Furthermore, ongoing uncertainty in trade dynamics is poised to bolster silver prices further. XAGUSD sustains its uptrend, testing the resistance at 32.50. Both EMAs widen the gap, expanding their bullish momentum. If XAGUSD breaches above 32.50, the price could gain upward momentum toward the next resistance at 33.50. Conversely, if XAGUSD breaks below EMA21, the price may fall further to the support at 31.00.
Weekly bias has been negated. Activating my longer term bullish bias with all time highs a strong possibility. But first, we must overcome some obstacles.
#PRTASCO 14.2.2025 ep - 0.385 sl - 0.345 (10.39%) tp - 0.435 (12.99%) RRR - 1.25X
The GBP/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 189.83 2nd Support – 188.42 ? Please hit the like button and ? Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short term Elliott Wave in Silver (XAGUSD) suggests rally from 12.19.2024 low unfolded as a 5 waves with extension (nest). Up from 12.19.2024 low, wave (1) ended at 30.972 and pullback in wave (2) ended at 29.68. The metal has resumed higher in wave (3). Up from wave (2), wave ((i)) ended at 31.73 and pullback in wave ((ii)) ended at 30.64. The metal resumed higher in wave ((iii)) towards 32.55 and pullback in wave ((iv)) ended at 31.72. Final leg wave ((v)) ended at 32.64 which completed wave 1. Pullback in wave 2 unfolded as a zigzag Elliott Wave structure. Down from wave 1, wave ((a)) ended at 31.6 and wave ((b)) ended at 32.33. Wave ((c)) lower ended at 31.22 which completed wave 2 in higher degree. The metal has turned higher. Up from wave 2, wave ((i)) ended at 31.95 and pullback in wave ((ii)) ended at 31.48. Up from there, wave (i) ended at 32.39 and pullback in wave (ii) ended at 31.97. Near term, as far as pivot at 29.67 low stays intact, expect dips to find support in 3, 7, 11 swing for more upside.
#TSH 14.2.2025 ep - 1.28 sl - 1.20 (6.25%) tp - 1.38 (7.81%) RRR - 1.25X