PLATINUM | XPTUSD Weekly Outlook Oct. 21st: BULLISH Bias!This weekly forecast is for Oct 21 - 25th.
Platinum is heading towards the Swing High with good momentum.
Target should be achieved this week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers, and I respond to every comment.
Like and/or subscribe if you like the video and want to receive updates directly.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Commoditytrading
SILVER | XAGUSD Weekly Outlook Oct 21st: Wait For BUYS!This weekly forecast is for Oct 21 - 25th.
After closing last week with a strong bullish candle, the week ahead maintains a bullish bias.
Be mindful of a short term pullback this week, as price tends to retrace after breaking swing highs. Just remain patient and wait for valid buy setups in this case.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Gold’s Push to 2766—But an $80 Correction May Be Coming!Gold is eyeing key levels at 2719, 2738, and up to 2766, but let’s not ignore the potential for an $80+ correction along the way. I’ll walk you through the key targets and where the market might throw us a curveball.
Join me as we break down the technical and figure out if gold is set to rally or hit a correction. If this analysis helped (or at least gave you something to think about), give it a like, drop your comments below, and hit follow for more updates. Your support keeps the content rolling—unlike gold, which might need a timeout soon!
Mindbloome Trader
Happy Trading
WEEKLY FOREX FORECAST SEPT 7-11th: US WTI CRUDE OILUS WTI Crude Oil expanded to the upside last week, with a convincing close. ON the Daily, a +FVG was formed. Things are in place for price to continue to move higher.
My bias is bullish, and I am looking for buys.
Consider the tension in the Mid East, pushing prices higher.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
WEEKLY FOREX FORECAST SEPT 7-11th: SILVER | XAGUSDSILVER | XAGUSD is in position to make more gains. My bias is bullish, and I am looking out for long setups.
41.140 is my invalidation line. Should price break below this price, I will change my bias to bearish.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Gold: Thoughts and AnalysisToday's focus: Gold
Pattern – Correctional phase.
Support –
Resistance – $2394
Hi, traders. Thanks for tuning in for today's update. Today, we are looking at Gold on the daily chart.
We have reviewed recent price actions and our thoughts on what we are seeing and looking for moving forward. Is this just a bout of profit-taking that will kick off a new trend?
The next rally is key for us and could give us signs depending on what we see from price.
Good trading.
Oil: Thoughts and analysis Today's focus: Oil
Pattern – Continuation?
Support – 85.38
Resistance – 87.37
Hi, traders; thanks for tuning in for today's update. Today, we are looking at oil on the daily.
After a surge from the USD caught a lot of attention yesterday, we are watching oil after it rejected a push lower by sellers and continues to hold in a potential continuation type set-up.
Do you think that price is showing signs of a continuation? Could a close above yesterday's high signal a new move higher that could test resistance at 87.37?
Watch out for a new move lower that tests the 85.50 area, as that could be a sign that sellers have more numbers than first thought.
Good trading.
Why we took brent at low risk and channels?In this live trading video,we look at why we took the Brent oil trade at low risk using price and volume on our 100k traders challenge account. We explore the use of channels with relation to the smart money framework. The concepts and ideas in this video can be cross transferred onto any strategy.
Q1 Performance review,OE,Actual Re:Ri & SelectionIn this live trading video,we look at the underlying concept behind our OE basesd strategies,why actual reward:risk is more important than Expected,how to select your trades and our Q1 performance review on our 100k traders challenge account. The concepts and ideas in this video can be cross transferred onto any strategy.
GOLD: Thoughts and AnalysisToday's focus: GOLD
Pattern – Channel Test
Support – 2023 - 2020
Resistance – 2035.80 - 2055.60
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Gold on the daily chart.
Gold saw a solid session to end last week but failed to break its price channel. Will we see the channel hold price and possibly send it back to the bottom on the pattern? Or could we see the current short-term bull run contnue to push higher with a break out of the the channel?
The USD could play a role in this picture. Currently, it is fought back from a piercing low, but is that a true sign of demand or just a short-term bleep before sellers start a new push?
Good trading.
Silver: Thoughts and AnalysisToday's focus: Silver
Pattern – Breakout test.
Support – 21.90, 22.84
Resistance – 23,45 23.19
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Silver on the daily chart.
Looking at Silver, we see that price continues to pull back after breaking out of a triangle-based squeeze pattern. This is fine after a breakout but we want to see 22.84 hold as support for buyers. If it does, we will look for a move to retest resistance, set up a range break, and possibly confirm a new up trend.
If sellers break 22.84 support, this could be a worry, and if other factors weigh in, like metals sector selling and or a firmer USD, this could lead to deeper tests to the downside.
Do you think buyers can hold and set up a new push higher?
Good trading.
Oil: Thoughts and Analysis. Resistance Continues!Today's focus: Oil
Pattern – Resistance re-hold
Support – $77.21, $76.30
Resistance – $78.85
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Oil on the daily chart.
Today, we have broken down how we see price and key levels. Once again, we have seen resistance re-hold and a new move lower after tests failed. Will we see a new move lower traders as we have seen in the past after buyers failed to break resistance? Or will we see the current trend hold and a new test and break of resistance eventuate?
Good trading.
Nickel: Thoughts and AnalysisToday's focus: Nickel (XNIUSD)
Pattern – Diagonal Pattern
Support – 15,840
Resistance – 17,198, 18,500
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Nickel on the daily chart.
We have been watching Nickel for a few weeks now, traders, as the consolidation pattern continues to drag out. The shape of the pattern at this point is on the ending diagonal side. That can mean reversal, but it's far from a classic, and we have also run over some of the fundamental circumstances that have been driving Nickel lower since 2023.
Will we see the downtrend resume with a new lower breakout, or could this consolidation pattern set up a new higher push by buyers?
Good trading.
Managing Positions with Parallel ChannelVideo tutorial:
• How to identify downtrend and uptrend line
• How to draw parallel channel correctly
• Confirming a change in trend (using trendline itself)
• Managing positions with parallel lines
- Profits
- Risks
- Knowing its volatility
Micro Natural Gas Futures & Its Minimum Fluctuation
0.001 per MMBtu = $1.00
Code: MNG
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Gold: Thoughts and AnalysisToday's focus: Gold
Pattern – Breakout/resistance test
Support – 1817.90 - 1918
Resistance – 1944 - 1981
Hi, and thanks for checking out today's update. Today, we are looking at the Gold on the daily chart.
So price has moved rather quickly today to the upside. Earlier, I was watching the consolidation and wondering if buyers might test it. Well, they not only tested it but broke out. We have run over this move and the next resistance levels in today's update.
The key here is influences, and we will keep seeing demand. If tensions continue, we could see 1980/81 retested based on the current buying speed. But also be wary of any changes in influences as it could lead to fast profit taking.
Oil has been another mover today, adding close to 1.5%. It's also a market we are keeping an eye on as we track towards the European session open.
Good trading.
Live Trading Session 240: Live positions on Gold and EurIn this live trading session video,we look at our live running position on gold and the closed trade on EURUSD. Both these trades were take live on the RTCT webinar and still running. They are based on the Smart money framework,cycle methodolgy and volume principles.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
www.tradingview.com
3.7 steps for strategy construction
www.tradingview.com
Palladium Analysis: Is price starting a swing higher? Today's focus: Palladium
Pattern – Descending triangle / Range
Support – 1223
Resistance – 1320
• Palladium added 4.37% on Thursday
• Palladium and Platinum ignored USD strength to finish firm on Thursday.
Hi, and thanks for checking out today’s analysis. We’re looking at Palladium primarily in today’s video, but we have also mentioned Platnuim, as it also posted a solid session on Thursday.
After yesterday’s rally, we have looked at a few things that have stood out in the buyer's favour, but we have also broken down the remaining hurdles and what we want to see from price to confirm the bullish signs.
Do you trade Palladium? If so, please let us know what you think of the descending triangle pattern and if you agree with current volume supporting yesterday’s move.
Have a great day and good trading.
Gold: Can buyers hit a new leg higher? Today's focus:
Pattern – Continuation
Possible targets – 1978.50
Support – 1952.70
Resistance – 1965.55
Hi traders, and welcome to today’s update. After buyers held support on Monday, gold looks to be edging at new continuation in its current stage 1. Signs continue to favour buyers after they broke out of the medium-term downtrend last week.
We want to see price beat resistance and hold support or, at a minimum, the moving average to a new uptrend for the last leg higher to remain valid.
US retail sales data is due out today and could have an impact on the USD and Gold.
Have a great day and good trading.
Oil: Can support survive? Today's focus: Oil
Pattern – Descending Triangle
Possible targets – 64.06 73.22
Support – 67.05
Resistance – 72.22 74.15
Hi, and thanks for looking at today’s update. Our attention is on oil after yesterday’s sharp selling took price back to key support. This level has held firm for buyers, but could this be the fourth time lucky for sellers? So far, production cut updates have done little more than spur on sellers.
Will we see buyers re-hold this level, or could we see a new break lower by sellers that gets the downtrend back on track?
Thanks for stopping by. Good trading, and have a great day.
USOil | New perspective for the week | Follow-up detailThe much-expected bullish pressure following the OPEC+ decision to cut oil production appears to be losing steam as bears are defying OPEC+ again. The majority of market participants are of the opinion that the selling pressure witnessed in the previous week is a result of persistent US rate hikes and recession fears but if we take a look at this bearish move from a technical standpoint, it could be a retracement phase which most of the time is a consequence of profit-taking activities. This video illustrated the technical side of the current market structure and highlighted a key level at the 78.00 level which will be serving as our yardstick for trading activities in the coming week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.