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Commoditysignals

XAUUSD Ichimoku supported within the Triangle.Gold (XAUUSD) is trading around the 1D MA50 (blue trend-line) after a Lower Highs trend-line at the top of 2-month Triangle. The MACD on the 1D time-frame has formed a Bullish Cross and as the green Ichimoku Cloud turned green, it waves a buy signal. Every time the Ichimoku turned green since July, Gold flashed a buy signal. As a result we expect one more rise towards at least the Lower Highs trend-line. Our target is 1943. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDLong
by TradingShot
2
WTI OIL Channel Up rejection at the top. More selling ahead?WTI Oil (USOIL) almost hit our $93 target on our last idea two weeks ago (see chart below) and yesterday reached the top (Higher Highs trend-line) of the 3-month Channel Up: The first reaction is so far a rejection that has already taken the price to the 4H MA50 (blue trend-line). This is the first contact with it in 3 weeks but it's not a confirmed sell yet as during the previous Higher Highs run it got breached several times and still rebounded. The confirmation came when it broke below the 4H MA100 (green trend-line). As a result, we are only willing to take a confirmed break-out sell below the 4H MA100 and target $85.00 which is the bottom (Higher Lows trend-line) of the Channel Up (-8.68% from the top). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:USOILShort
by TradingShot
4
COPPER Two year Triangle is about to break out!Copper (HG1!) has been trading within a Triangle pattern for more than 2 years and recently the price action has gotten so narrow that it prompts to a break-out soon. The 1D MA50 (blue trend-line) has been acting as the Pivot level while the 1D MA200 (orange trend-line) had the last rejection on record on September 01. The 1D RSI since the May 24 Low has been printing a similar price pattern to July - October 2022 (so far). That fractal was also using the 1D MA50 as the Pivotand after it broke its Resistance, it rose aggressively almost as high as the 2.0 Fibonacci extension. We will purse a more modest target, below the 1.5 Fib at 4.2000. The R/R is worth it as a break below the Higher Lows (bottom) of the Triangle will make us close the trade on minimum loss and open a sell instead targeting 3.5500 (Support 1). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
COMEX:HG1!Long
by TradingShot
XAUUSD Golden Cross and the 1H MA50 are supporting this uptrend.Last time we looked at Gold (XAUUSD), it gave us two sell opportunities both of which hit their targets (see chart below): The price has been rising since, supported by the 1H MA50 (blue trend-line) and on top of that, the 1H Golden Cross has been formed. Last time we saw that pattern was on August 23. On that fractal, once the 1H MA50 broke, the price pulled-back to the 0.5 Fibonacci retracement level and then resumed the uptrend. As a result, we are bullish already since the 1H MA50 is supporting. If it holds, we will simply add one more buy position when the pull-back hits the 0.5 Fib. In either case, the target is 1953 (Resistance 3). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDLong
by TradingShot
1
NATURAL GAS Short-term buy but expect long-term reversal soon.Natural Gas (NG!) is struggling to get past the 1D MA50 (blue trend-line), which is the short-term Resistance and at the same time is supported by the 1D MA100 (green trend-line). The long-term pattern is a Bullish Megaphone and besides the 1D MA100, the price action is supported by the pattern's bottom (Higher Lows trend-line). Recently however the pattern that has emerged is a Head and Shoulders (H&S) and it remains to be seen if it establishes itself on the immediate price action, which technically means a sharp decline, as in theory it is a bearish pattern. On the short-term, you can buy up to the Lower Highs trend-line and target 2.750. On the long-term we believe the upside is limited by the 1D MA200 (orange trend-line), which is now on Resistance 2 (3.025) and most likely will reject any spike on Resistance 1 (2.865). So on the long-term, if the price breaks and closes a 1D candle below the 1D MA100 and Higher Lows trend-line, we will open a long-term sell and target 1.950 (Support 3). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYMEX:NG1!
by TradingShot
XAUUSD Sell opportunity within the Channel Up.Gold (XAUUSD) is trading within a Channel Up pattern but following the downtrend since the September 01 High, it may be nothing more but a Bull Flat pattern. Whatever the long-term case, the short-term trade is a sell as the price appears to be getting rejecting at the top of the pattern, while the 1D MA200 (orange trend-line) looms above. Our target is the bottom (Higher Lows trend-line) at 1918. We will make short-term trades only and buy every candle closing above the 1D MA200, targeting the upper Resistance levels. Similarly we will sell if a 4H candle closes below Support 1 and target 1903.50 (Support 2). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDShort
by TradingShot
2
XAUUSD Quick buy opportunity but upside long-term limited.Gold (XAUUSD) may have formed a Golden Cross on the 4H time-frame but the bullish effect can only be short-term as the Falling Wedge pattern limits the upside below its Lower Highs trend-line. Regardless of that, ahead of an emerging 4H MACD Bullish Cross, we are using this opportunity for a quick buy that targets 1947.50. A closing below the 0.5 Fibonacci retracement level, invalidates that opportunity and opens the way to a deeper decline such as on August 02. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDLong
by TradingShot
4
XAUUSD Buy opportunity on a 2 week horizon.Gold (XAUUSD) has been consolidating for the past 2 trading sessions, having held the 1D MA50 (blue trend-line) on Friday as Support. With the 4H STOCH RSI on a similar cross-to-cross sequence as July 05/06, one last pull-back inside the Ichimoku cloud, can be a Higher Low on an emerging Channel Up. If we see that rebound, we will buy and set a quick target just below the 4H MA200 (orange trend-line). If the price manages to close a 4H candle above it, we will buy again and pursue a final target at 1975 (just below the 2.5 Fibonacci extension). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDLong
by TradingShot
11
WTI OIL Rejection on the 4H MA50, sell if the 4H MA200 breaks.WTI Oil (USOIL) got emphatically rejected yesterday on the 4H MA50 (blue trend-line) and formed another Lower High on the emerging Channel Down. The price is now approaching the 4H MA200 (orange trend-line) on an additional sell signal as the 4H MACD just completed a Bearish Cross, the first since the one that started this correction at the top on August 10. As a result, we are waiting for this bearish continuation confirmation, and will sell after a 4H candle closing below the 4H MA200. Our target will by 76.00 (just above the 1D MA50 (red trend-line)). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:USOILShort
by TradingShot
1
XAUUSD Still nothing bullish about it yet.Gold (XAUUSD) broke below the 1D MA200 (orange trend-line) for the first time since December 19 2022 and that of course didn't do any favors to the bullish cause. The trend remains bearish within a Channel Down since the May 04 2023 High and the technical outlook gets even worse as the 1D MA50 (blue trend-line) is on course to forming a 1D Death Cross below the 1D MA200, projected at the end of the month (would be the first such pattern since July 04 2022). As a result we expect the price to remain under pressure and eventually test the 1W MA100 (yellow trend-line) within 1860 - 1850, regardless of a potential decline on the DXY (green trend-line) which was unable to lift Gold as we saw in June. The bullish trend will re-emerge only if the price breaks above the Channel Down and more specifically, the 0.618 Fibonacci retracement level from the bottom at that given time. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDShort
by TradingShot
3
XAUUSD hit the 1D MA200 for the first time in 8 months.Gold (XAUUSD) easily hit our 1913 short-term target within the narrow Channel Down, as presented on our last idea (see chart below): As the price hit yesterday the 1D MA200 (orange trend-line) for the first time since December 20 2022, it is time we look again at the long-term charts in an attempt to identify potential Support/ Pivot levels. On the 1D time-frame, we have Support 1 at 1893 which along with Resistance 1 (1987.50) form the most noticeable pattern on the 1D time-frame, a 3 month Rectangle. As long as the 1D candle closes above the 1D MA200, we may see a bounce without a Support 1 test. In either case, we will buy and target 1980 (just below Resistance 1). If however a 1D candle closes below Support 1, we will take the loss and sell instead targeting the 1W MA50 (red trend-line) at 1870. Amidst the above, once/ if the 1D RSI breaks below its 30.00 barrier, Gold will start turning into a solid long-term buy opportunity, so regardless of having hit the 1870 target or not, we will close the sell and turn bullish again, targeting initially the 1D MA50 (blue trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSD
by TradingShot
XAUUSD Sell signal on the 1H time-frameGold (XAUUSD) broke below its 1H MA50 again (blue trend-line). Within the 2-week Channel Down pattern on this chart, every time the price broke below the 1H MA50, it continued to a Lower Low. With the 1H MACD also under a Bearish Cross formation, this is a clear technical sell signal and below Support 1 (1925) is Support 2 (1912.60) for a potential Lower Low. We are targeting 1913. If however the price closes above the 1H MA200 (orange trend-line) we will take the loss and buy instead, targeting the Lower Highs trend-line at 1970. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDShort
by TradingShot
1
XAUUSD: Huge Inverse Head and Shoulders calling for rebound.Gold crossed and will most likely close the day under the 1D MA50 turning the 1D timeframe marginally bearish (RSI = 44.910, MACD = 1.190, ADX = 25.617). The strongest Support level is the 1D MA200, which right now is trading exactly on S1 (1,893). We have however a bullish pattern close to completion as the price may be forming the RS of a huge Inverse Head and Shoulders pattern. This technical pattern is associated with long term bottoms and bullish trend reversals. The price is now on the 0.236 Fibonacci level from the market high. The longer it stays there, the more likely it is to hold it as the neckline's Support and complete the Inverse Head and Shoulders. A 1D candle close over R1 (1,987.50) will target the 0.786 Fibonacci and that is our long position's target (TP = 2,040). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSDLong
by InvestingScope
8
XPDUSD Sell signal below the 1D MA50.Palladium (XPDUSD) has been trading inside a Channel Down for almost a year. The price ic currently near the top (Lower Highs trend-line) of the Channel Down, just below the 1D MA50 (blue trend-line), which is intact since May 23. The 1D RSI action shows that we are potentially in a similar spot as December 27 2022, when a deep Lower Low sequence started. As long as the price stays below the 1D MA50, we will stay bearish and target the middle of the Channel Down at 1050. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XPDUSDShort
by TradingShot
XPTUSD Long-term buy opportunity near 1 year Support.Platinum (XPTUSD) is having a strong start to the week following a streak of 2 red 1W candles rejected on both the 1W MA50 (blue trend-line) and 1W MA200 (orange trend-line). Regardless of the obvious 1W Golden Cross pattern that those two are aiming to complete, the price got again near the 895 - 903 Support Zone, which has been closing all 1W candles above since September 2022. With the 1W RSI on a bottom sequence similar to the February 2023, December 2021 and September 2021 fractals, we consider this an excellent long-term buy opportunity. Our target is the bottom of the Resistance Zone at 1100. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XPTUSDLong
by TradingShot
XAUUSD 1D MA50 in Support but MACD Bearish Cross threat.Gold (XAUUSD) kept the 1D MA50 (blue trend-line) as Support as it made a Friday rebound exactly on it. At the same time the 1D RSI bounced on its Higher Lows trend-line since the June 29 bottom. As long as the price is closing above the 1D MA50 (and obviously the 1943 Support that was formed), the trend is bullish towards the Lower Highs with a 1978 short-term target. In order to extend the uptrend, a 1D candle needs to close above Resistance 1 (1987.50). The biggest bearish signal however is the Bearish Cross on the 1D MACD that is about to be formed. This means that if the price breaks below the Higher Lows trend-line, it will be a sell signal towards Support 2 at 1913. If the 1D MA200 (orange trend-line) supports on Support 2 and 3, the long-term bullish trend remains intact. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSD
by TradingShot
6
COPPER Two year Triangle may finally break.Copper (XCUUSD) is trading within a Triangle pattern since the March 07 2022 High. The price is currently above the 1D MA200 (orange trend-line), supported twice by the 1D MA50 (blue trend-line). The 1D RSI shows that we may be replicating the July 15 - September 20 2022 fractal. If the price breaks above the top (Lower Highs trend-line) of the Triangle, then based on the fractal should target initially the 1.5 Fibonacci extension level at 4.1800. As long as it closes below the Lower Highs, we will sell and target the 3.6870 Support. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
COMEX:HG1!
by TradingShot
1
XAUUSD at the bottom of its 3 week Channel Up.Gold (XAUUSD) broke below the 4H MA50 (blue trend-line) and hit today the bottom of the 3 week Channel Up pattern that has been in effect for the whole month of July. This is a short-term buy signal as the 4H RSI is also on the same level it was on the July 06 Higher Low. The lowest risk entry will be after the RSI breaks above its MA trend-line (yellow), as this has been a confirmed buy signal in at least the past 2 months. When it does, we will take a short-term buy and target 2015 (below Resistance 2 but Higher High for the Channel Up). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDLong
by TradingShot
3
NATURAL GAS Buy lower, sell the break-outLast time we looked into Natural Gas (NG) we called for a buy entry (see chart below) right after the contact at the bottom (Higher Lows trend-line) of the Bullish Megaphone: The 2.550 target has been hit but the rise didn't stop there, breaking even above the former 2.690 Resistance and making a Higher High in the process. The price is right now above the 1D MA50 (blue trend-line) but in terms of Risk/ Reward neither a favorable buy or a sell. We are willing to buy at 2.400 with a tight stop just below the Megaphone's Higher Lows trend-line and target 2.800 (below Resistance 1). If a 1D candle closes below the bottom (Higher Lows trend-line) of the pattern, we will sell and target the 1.950 Support. The 1D RSI is trading inside a Channel Up pattern. If broken, it will be a first confirmation of a bearish break-out signal. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYMEX:NG1!
by TradingShot
1
XAGUSD Massive success on last trade now looking for the next!Silver (XAGUSD) gave us a very successful sell trade on our last analysis (see chart below) on April 12: The price rebounded right before hitting the 21.715 Pivot because it touched the 1W MA200 (orange trend-line). Even though May's rejection was done at the top (Lower Highs trend-line) of the Channel Down that started in August 2020, we may witness the break-out above this bearish structure finally as since the August 29 2022 bottom, a Bullish Megaphone and later a Channel Up are guiding the price action. On top of that, Silver is completing the first 1W Golden Cross since May 2020. In any case we will not jump on this impulsively but rather wait for a clear bullish break-out signal, which will be if a 1W candle closes above the Lower Highs trend-line. In this case we will target Resistance 1 (26.230) and Resistance 2 (26.935) respectively. If the price gets rejected on the Lower Highs instead, we will wait for a buy on the 1W MA50 (blue trend-line). Notice also the 1W MACD Bullish Cross that is about to be formed, indicating that a continuation of the current uptrend might be more probable than a rejection. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAGUSD
by TradingShot
8
xauusd ⇨ when entering the short position.hello guys... I believe the main trend is still bullish but there is some area in the lower level that should be touched! on the other hand, the second yellow area is the QML area so we can expect a correction there! I recommend you break your volume into three parts: the first entering could be the second yellow area the next one could be when the xauusd hunt the last higher high and keep the last part when we get a confirmation for a short position in the lower time frame! _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
OANDA:XAUUSD
by melikatrader94
4
BluetonaFX - SILVER 26 Level Next TargetHi Traders! There is strong resistance on Silver at the psychological 25 level. After the ascending channel break, there was a bullish wave towards the 25 level, and we now have a big slowdown in the bullish momentum. Looking at the price action on the chart, the market looks like it wants to break the 25 level to target our long-term resistance level at 26.129, primarily due to the lack of any current pullbacks. However, we may need a new wave of bulls to achieve this. That being said, the longer the 25 level holds, the more chance we have of getting a pullback to test the 24 level as support. If we get a momentum break and close above 25, then 26.129 is the next key level; there was a double top at this level in May 2023. Please do not forget to like, comment, and follow, as your support helps us greatly. Thank you for your support. BluetonaFX  
TVC:SILVER
by BluetonaFX