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I think GBP/USD will give us buying opportunity from this level. It will bounce back from here and have retracement.. This is what i think about it, what do you think share your thoughts in comment section. Kindly support me, like comment and share it..
GATEIO:QUBICUSDT Full Supply Zone: 0.00002492 USDT Half Supply Zone: 0.00002892 USDT Upper Target Resistance: 0.00003295 USDT https://www.tradingview.com/chart/QUBICUSDT/NYeo8eZF-Qubic-Waiting-for-the-Breakout/
We see a parallel channel inside a parellel channel. Still massive up-trend support. As for now, GOLD is still consolidating and preparing for the next big move.
NQ1! Day Trade 01/08/25 ? 21600 ? 21070 1/2 way mark ? 21468 & ? 21200 Like and share for more daily NQ levels ? *These levels are derived from comprehensive backtesting and research, demonstrating over 90% accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
Hi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price rebounded from support 1 and then dropped to the trend line, thereby breaking support 2, which coincided with the support zone. After this, the price started to grow inside the upward channel, where it soon broke support 2 one more time but later made a correction back to the trend line. Some time later Gold finally broke support 2 and then made a retest, after which some time traded near this level and even made a fake breakout of it with a trend line. After this, the price backed up to the channel and continued to grow and later reached support 1, which coincided with the resistance zone and broke this level. Gold rose to the resistance line of the channel and then made a correction movement to the trend line (support line of the channel) and then quickly backed up to the resistance zone. At the moment, the price continues to trades in this area and I think that XAUUSD will make a correction below the support level and then continue to grow inside the upward channel. For this case, I set my goal at 2670 points. If you like my analytics you may support me with your like/comment ❤️
Gold has been consolidating intraday, fluctuating primarily within the 2645-2655 range. From the structural perspective, it is evident that although gold has repeatedly faced resistance near 2655 in the short term, there is no significant downside retracement, resembling the previous staircase-like upward movement. This suggests that gold could utilize the consolidation phase to build upward momentum, paving the way for a breakout rally toward the 2670-2680 zone. Therefore, in the short term, I remain bullish on gold. Key support levels to watch are concentrated in the 2645-2635 range.Bros, are you optimistic about the continued rise of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Dear Traders, Hope you are doing great, this month can be the last month of usd dominating the market. As the new elect president will take the charge it is expected to see volatility within the market. We can see price going below 1.0 so taking appropriate selling entry can become beneficial. good luck
There’s undoubted skittishness in crude oil at the moment, in much the same way that it can be seen across US equities and stock indices. Again, this comes as traders and investors come to terms with a possible market turning point, and struggle to adjust accordingly. Crude looks as if it is breaking out from its long-running downtrend. This morning, front-month WTI hit its highest level since early October, coming within 25 cents of $75 per barrel. While recent dollar strength is providing a headwind to all dollar-denominated commodities, crude continues to make good upside progress. But it will need some sort of corrective pullback, followed by another significant advance, to garner the wider attention that a sustainable bull run requires. The daily MACD still indicates that momentum is to the upside, but it is approaching levels which have previously preceded a sell-off. The depth and shape of the next decline, whenever that may come, will provide clues as to whether this bull run has legs or not.
We spot head and shoulder pattern on 1D timeframe. expecting target would and at 84K (161.8). Best of luck