Xauusd buy opportunity long term bullish gold Gold should remain supported as we head into the easing cycle but a more hawkish Fed could weigh on it in the short term In fact we can say that the
gold support leve 2320 zone bullish area target is 2370-2380
will likely decide its fate as strong data should trigger a hawkish repricing in the markets and weigh on theprice in the short terms while
Forexmarket
XAUUSD BUY opportunity long time bullish Gold has been rallying non stop lately for no clear reason as the name usual inverse correlation with real yields broke down There are talks of heavy central bank buying with China being at the forefront as it might be looking to de risk from US Treasury bonds In the big
XAUUSD opportunity one side going down and up XAUUSD BUY opportunity 2360 Conversely should bulls reclaim firm command of the market, resistance awaits at as previously noted In case of a breakout prices would enter uncharted territory making it challenging to pinpoint potential resistance levels However a notable area of interest may lie at corresponding to an ascending trendline
XAUUSD SELL opportunity 2200
Btcusd sell opportunity long term falling short and more fall Btcusd falls into The other important reason is that the US government may auction thousands of Bitcoins which it recovered following the collapse of Silk Road. The wallet holding these coins which are worth over $2 billion completed several transactions this week As a result this liquidation could lead to more Bitcoin supply which could affect its prices
BTCUSD sell opportunity big fall soon long term bearish Bitcoin Forum had a mixed performance in March It's initially soared to a record high of and then crashed hard to as outflows from the Grayscale Bitcoin Trust GBTC intensified Many GBTC holders haven't solid their assets and moved them to other funds
GBPUSD SELL TRADE ( MARCH 28 2024) -Pending order mt4DAILY TF was forming distribution (although not yet complete) , but I can see the orderflow because of the market structure. I go to 4h --3h--2h--1h TF and noticed some short intra day trade that became swing trade as it moves)
You can see in the chart that there was a supply (DBD formation) -march 22 friday. --> It was then validated by the market structure march 26 2024 (HH then CHOCH). I set pending order march 28 in my mt4 (morning), aiming for 1:8 RR.
The trade was activated last thursday -evening and ran until weekend (of course there was a charge in my broker running trade on weekends hehe. )
TP HIT DURING N.Y and London overlap. Bearish movement.
(A simple wyckoff distribution)