CFD
GOLD - SELL after correction!We expect the price to rise to the 1873 range first and then resume its downward trend. The ultimate long-term goal is 1679.
GOLD (XAUUSD) Very Bearish Setup
Gold was contracting for quite a while within an ascending triangle formation.
However, now we see some bearish clues:
The last hourly candle closed below the triangle's support and for us, it is a very strong intraday bearish signal.
Now the price may drop lower to retest 1811 local structure low
and then drop even lower to 1806 next support.
Tesla (TSLA) – Bigger correction or upwards?Tesla Motors Inc. had a great 2020 as we all know by now. They produced 500k cars as provided in their forward statement of 2019, they had a free cash flow record of $2.8 billions , industry leading 6.3% operating margin and they have secured $19.8 billions in the bank.
On February 15th, the bullish news are continuing as Tesla pushes an entry in the huge Indian market with potential for big growth and profits. According to the state’s chief minister of Karnataka, Tesla picked Bangalore as the site for their first plant. Tesla didn’t immediately respond to requests for comment and did not confirm the minister’s statement but we know from an earlier tweet in January that Elon Musk, Tesla’s CEO confirmed that in 2021 the American automaker would enter in the Indian market.
Technically, we are now in a consolidation that started in January 2021 and the price seems that will break to the upside but there is always a possibility for a bigger correction here. We are watching the channel formed by the grey trendlines and we will see how the price reacts in that areas.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
XAU/USD Might Be Smashed By Sellers 🔨 🔨 🔨 💡 Trade Idea
📉 Sell Limit XAU/USD @ 1825.05
🎯 Target Profit 1799.44
🛑 Stop Loss 1837.78
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is trading within a wedge formation in a “wave 4” as per Elliott Wave Theory. A higher correction might be expected and then a move downward to the 1799.44 mark.
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Gold continues to riseAfter Gold underwent a correction to touch the price range of 1810.42, and also because it was supported by important news, then from the movement until now I saw an “Expansion” almost formed after a few days of experiencing “Correction” first. This is in line with my previous analysis on the H4 time frame.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
GOLD (XAUUSD) Waiting For Important Decision Next Week!
Gold is still trading within a wide horizontal trading range on a daily.
1765 is its low and 1965 is its high.
Based on a current price action I see two potential scenarios:
1 - The price may respect the drop to support of the range and continue trading within the underlined boundaries consolidating
2 - The price may break the support. Daily candle close below will signify a highly probable bearish continuation.
For now trading gold is not safe. Let it reach key levels before you open a trading position.
What do you think will happen?
GOLD (XAUUSD) Waiting For Important Decision Next Week!
Gold is still trading within a wide horizontal trading range on a daily.
1765 is its low and 1965 is its high.
Based on a current price action I see two potential scenarios:
1 - The price may respect the drop to support of the range and continue trading within the underlined boundaries consolidating
2 - The price may break the support. Daily candle close below will signify a highly probable bearish continuation.
For now trading gold is not safe. Let it reach key levels before you open a trading position.
What do you think will happen?
Silver has the potential to continue the uptrend"Contraction" and "Expansion" patterns have been formed and are followed by the First Leg and Second Leg which are marked as confirmation that Silver is continuing its main upward trend.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
Why Buying GOLD is Bad Idea Right NOW?
Technical analysis on thoughts on gold.
Risk assessment & key levels.
Trading recommendations.
Please, support this idea with like and comment!
Thank you!
Gold will go up in the mid-termI was wrong beforehand, it turns out that after being noticed on the H4 time frame, as there has been a contraction and expansion phase, it's just a matter of waiting for gold to rise higher. What do you think?.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
GOLD sell,going down! Hello Traders, here is the full analysis for this pair.
Watch strong price action at the current levels for SELL. GOOD LUCK! Great SELL opportunity in GOLD ..
I still did my best and this is the most likely count for me at the moment ..
Support the idea with like and follow my profile TO SEE MORE!
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
NASDAQ 100 will still be consolidatingSeen on the 15 minute time frame, NASDAQ 100 is still consolidating by forming a bull flag, and it looks like it will make another false breakout by touching the price of 13633.27 first (38.2% Fibonacci Retracement) before finally rising again.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
GOLD will start dropping againThe price chart simultaneously approaches the trend line and the resistance range. We anticipate that the price will start its downward trend with the target of 1778.
Gold will rise to make correctionsLet's look at the H4 chart, it looks like gold will make a correction to the price of 1855.19 at the 38.2% Fibonacci Retracement ratio, and after that it will return to a downward trend.
GOLD (XAUUSD) What to Expect Next Week?
Gold is currently trading within a wide horizontal trading range on a daily.
1765 is its low and 1965 is its high.
On Friday the price almost reached the support of the range.
Depending on the reaction of the market to that here are two potential scenarios:
1 - The price may respect the support and continue trading within the underlined boundaries
2 - The price may drop the support. Daily candle close below will signify a highly probable bearish continuation.
Make your trading decisions accordingly or wait for a reaction first, and only then follow the market.
What do you think will happen?
SILVER (XAGUSD) Technical Outlook
hey traders,
a lot of questions about silver.
on a daily we are currently trading in a wide horizontal trading range.
30.0 is its resistance and 21.7 is its support.
yesterday we tested the resistance of the range and then we saw an immediate strong bearish reaction from that.
the last 4 trading days are quite impulsive and for now, the best option for us is to let the market calm down.
the safest zone from where I would consider buying opportunities is based on a confluence between a major falling trend line
and range's support.
S&P 500 ANALYSISS&P 500 retested broken uptrendline
MACD shows weakness in bullish momentum
RSI rebounded from overbought region
It's expected for coming correction to target key level at 3750
GOLD buy! Good Luck traders Hello Traders, here is the full analysis for this pair.
Watch strong price action at the current levels for BUY. GOOD LUCK! Great BUY opportunity in GOLD ..
I still did my best and this is the most likely count for me at the moment ..
Support the idea with like and follow my profile TO SEE MORE!
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
GOLD buy! Good Luck traders Hello Traders, here is the full analysis for this pair.
Watch strong price action at the current levels for BUY. GOOD LUCK! Great BUY opportunity in GOLD ..
I still did my best and this is the most likely count for me at the moment ..
Support the idea with like and follow my profile TO SEE MORE!
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
OIL_BRENT trading plan!Hi friends!
Since the beginning of the year, oil has been trading in a channel under a strong resistance level of 56.15
On the breakout of this level, when all the conditions of my trading system are met, I plan to buy.
target 1: 57.7$
target 2: 59$
✔ Do not forget to trade using your own trading system and with stops!
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✔ This is the best gratitude for my work! 💕
