XAUUSD | Ready to Test Next ResistancePlease support this idea with LIKE if you find it useful.
Price was fixed above the Horizontal Support after some consolidation. We can initiate a long position because price should test Next Horizontal Resistance. In case next resistance is broken we can also initiate a long position. Wait the confirmed breakout
Also watch current horizontal support level, because if it's broken we will retest 1550 level at least.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
CFD
XAUUSD | Symmetrical TrianglePlease support this idea with LIKE if you find it useful.
Price formed a symmetical triangle. We can initiate a position according to the breakout direction. The breakout should be confirmed by candle's close at least.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Supported by Channel's ResistancePlease support this idea with LIKE if you find it useful.
Price has been supported by channel's resistance level and by the lower boundary of the Ichi Cloud. We can initiate a long position because price can retest the higher boundary of the Ichi Cloud. In case there is a confirmed breakout we can initiate a Long position again.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
COPPER LONG TRADECopper reached weekly demand zone at level 1.9665
then rebounded with strong bullish movement
Price rejected from 161.8% Fibonacci expansion of preceding bearish wave at level 2.0097
RSI reached oversold region
MACD shows weakness in bearish momentum
It's expected for coming bullish wave to target supply zone near HVN at level 2.5603
NIKKEI LONG TRADENIKKEI rejected from demand zone at level 16222 with strong bullish movement
Price rejected now from angle 120 (GANN cycle line) which represents as a resistance level at 18009
It's expected to retest key level and 50% Fibonacci level of preceding bullish wave at 17497
then rebound from lower edge of price channel to target the supply zone at level 18915 which represents angle 180 in (GANN cycle line)
Gold may drop as much as $1350 before rallying This is my take on the path gold will take, based on past performance, I anticipate a drop to around 1300-1350 before a bounce. A lot of similarities to 2008 in play here will mean that we may have to wait till december before seeing it shooting off. This could be sooner however depending on other market news.
XAUUSD | Bearish FlagPlease support this idea with LIKE if you find it useful.
Price formed a bearish flag and already was rejected by the mid line of the pattern. If there is a confirmed breakout of the lower boundary of the flag we can initiate a short position
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Descending Channel is BrokenPlease support this idea with LIKE if you find it useful.
Price broke the support trendline of the descending channel. We can initiate a short position with Stop-Loss above the previous support trendline
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
USOIL | Death Cross on Weekly ChartPlease support this idea with LIKE if you find it useful.
50 and 200 Weekly MAs are close to produce the death crossover. It's a bearish sign and usually a strong confirmation the decline will continue. However on the chart we see the situation where the Death Cross was ignored and price stopped the declining and later started to grow (it happens because losses are already booked and the confirmation comes too late). We might have the same situation now if price will hold the horizontal support zone, otherwise we have a high chance the decline will continue.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
S&P 500 | 200 Weekly MA Caught the PricePlease support this idea with LIKE if you find it useful.
Price closed above 200 Weekly MA and can retrace to the Upward when market opens. However the enviroment on the market is not stable yet, and we should wait for confirmation before to initiate long position
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Key PointPlease support this idea with LIKE if you find it useful.
Price is near the support trendline of the Ascending Channel. Next movement will depend on if we have a confirmed retracement or the brekaout of the support. We can initiate position according to next action the price provides
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Might Get Rejected Please support this idea with LIKE if you find it useful.
Price made a breakout of an Ascending Channel and now testing the previous support trendline (current resistance). In case there is a confirmed rejection we can initiate a short position
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Near Support TrendlinePlease support this idea with LIKE if you find it useful.
Price made a breakout of H&S support level and Ichimoku cloud support zone. Currently price is going to test the support trendline of the Ascending Channel. In case there is a breakout we can initiate a short position.
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
USOIL | More DownsidePlease support this idea with LIKE if you find it useful.
Price formed a bearish pennant and failed to fill the Gap. The further decline is expected
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XAUUSD | Double Top (Update)Please support this idea with LIKE if you find it useful.
Price broke the horizontal support and reached our sell zone. Also we got a confirmed Head & Shoulders pattern. We can put stop-loss at breakeven or slightly above horizontal support
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
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XAUUSD | Double TopPlease support this idea with LIKE if you find it useful.
Price was rejected by horizontal resistance and formed a Double Top pattern. If we lose local support level we can initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.