Gold is on fire to achieve 2720 milestone.we were already on bullish side from 2680 mark. My previous commentary i closed my buy orders for while. What possible scenario do we have? Gold is on tripple top retest , any candle closes above 2720-2725 we'll expect the new hike and massive rapture on rising wedge pattern towards 2750. On the other hand , im expecting market will drop after the retest, shat we have to wait and watch for the confirmation of rejection.
HI,Traders ! CAD-CHF was trading in an Uptrend along the rising Support It has been broken. but now After retesting the horizontal level at 0.63518 We will witness bearish and we will be Expecting a further move down ! Comment and subscribe to help us grow!
They want us to believe support is set at 90K. No. The support has broken, expect a larger price drop. Be cautious.
Gold is moving in the upwards direction, despite the higher US CPI reading, which benefits the US dollar. However, there is a possibility that the higher inflation reading was already priced in and maybe this could lead to slower upside pace for the US dollar. Let's dig in... TVC:GOLD TVC:DXY MARKETSCOM:GOLD MARKETSCOM:DOLLARINDEX RISK DISCLAIMER 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
price action has been respecting this channel to date so I wouldn't be surprised to see it stay inside for another while. ?
Here on Eurusd price has made a demand around level of demand zone of 1.02742 so and is likely to go more up so trader should go for long and expect profit target of 1.03060 and 1.03360 . Use money management
This is a really interesting alt. It shot up significantly, and then is seeing what looks like a classic Elliot Wave triangle for a potential wave 4 of 5 of 1. If it is, then we should see the lower trendline breached any time soon, but only to come back within the channel and then upwards to wave 5. If the piercing occurs and we come back within the channel, it's looking really strong. But, only take your buy orders once the upper trendline has been decisively breached. Never within the channel unless you are going to 'trade the bumpers', but that's a low confidence trade in my opinion. Goog luck and follow and share for more.
we missed out in some trades but we will wait until we see another set up!
After 90 Pips Now Again Sell Gold At Same Aging Sell Gold From 2612/2615 Target 2700 enjoy
Leaving a massive liquidity in the bottom is too scary to go long. So finally market take the previous re-distribution liquidity with very low volume that is suspicious. And now I like to see price is backing down to this liquidity and then we go for long safely. Right Now we must look for a Spring and then make a short position until it grabs all the buying limit orders. https://www.tradingview.com/x/0IGeSqCD/