Gold moved as I expected ✅yesterday, and now I want to share with you the next movement.👇 Gold is running in PRZ(Price Reversal Zone), and I expect that it will go up at least to the resistance zone again; one of the reasons can be a Hammer candlestick pattern in a 4-hour time frame.👇 Gold Analyze ( XAUUSD ), 1-hour Time frame ⏰. Do not forget to put Stop...
xauusd With the breaking of the trend line, the probability of falling to the green levels is very high................
Gold was able to complete the 5 impulsive waves on the resistance zone and is now making the zigzag correction. When I found the Shooting Star Candlestick Pattern at PRZ(Price Reversal Zone), it seemed we had passed the end of wave B. I expect Gold will go down to the 🎯targets🎯 that I specified in my chart and complete the zigzag correction. Gold Analyze (...
Wrote about this stock earlier today or yesterday. Continued volatility within LNG should make commodity transporters like $GLOP skyrocket. Large cup and handle and ascending triangle shows this name is getting ready for it's 15 minutes of fame.
Russian forces recklessly shelled a nuclear plant last week. This led to a sell-off over concerns that countries might take a step back from nuclear power. This turned out to be an emotional overreaction. The plant was completely safe, and only an administrative building was damaged. Uranium plays are now available at a relative discount. According to...
we may see gold reaching the 1760.5 level next week
Hi everyone, in this technical analysis I will go into depth on the current chart of gold. We have seen such fantastic volatility recently because of events like the US elections and the release of information on vaccines. This creates great trading opportunities and for scalp traders this is a dream come true. When you are trading gold on the shorter timeframes...
Price made the bullish move as expected (see previous analysis below). My overall bias on gold is bearish still, so once gold meet resistance and form a bearish candlestick pattern I will enter a sell. Before:
The dollar is strengthening. Commodity price index fell. And bonds rose at the same time. Most foreign currencies (except the US dollar) are depreciating. Market sentiment for the dollar is positive The usual target for gold is a minimum of 1800 and a maximum of 1700, but this depends on market conditions. An increase in the dollar index lowers the commodity price...
Silver is poised for another upwards movement, which will likely result in another high. The target of the current wave is the region somewhere between $28.50 and $29.20. Should the bulls be able to deliver a new high, the (b) in blue will be moved to the higher high. Still, we expect a bigger sell-off after reaching the mentioned area. For the downturn to happen,...
We need to watch the price action on silver The structue of the flag needs to keep forming and a rsi/stoch reset with a pin bar shakeing out traders at the bottom flag support may be a sign of good entry. If the flag structure does not appear, or fails then we are looking at 23$-22.5$ again
This looks like the real thing to me Fam, Im thinking the COVID 19 shut down will send spot uranium back into a bull market or at least be a catalyst that starts a new bull market.
Take profit from 51 Take profit 2 from 52 #follow me on Instagram for more update @paras_fx
Gold just break out the resistance, bull run incoming. Current the price just retest the support line. lower interest rate expectation in July. break up the resistance zone in last 6 years. See my last post about gold:
Silver just break the neck line ~ 16.2, retest the neck line ongoing. Double bottom structure from Aug.18. Macro economy : lower interest rate expectation. and gold break the six year long resistance. watching closely if the neck line can be hold or not. long opportunity if it hold. First target ~ 19-20
Big picture, golds range is narrowing between the long-term trend line to the top & the 75% slope on the long-term pitchfork & 38.2% retrace. On the daily we can see another pitchfork, that was broken out of & re-tested. Current weekly close is sat right on the 2018 Year open.