Market Overview Part 26Me going Over My Whole Robin Trap Strategy In Fine Detail You Must Listen To All 26 Videos!!!
Forextrading
Looking for USDJPY Set UpsLooking for potential set ups for UJ buys/sells. I was bearish a few days ago with my analysis and profited over 150 on that amazing drop that all JPY pairs dropped into. However, we could be in for a mini reversal until when we see the support trend potentially break. Rising wedge is looking like we can take a possible bearish move in the future.
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EUR/USD ShortEUR/USD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it.
XAUUSD M15 - Long Signal XAUUSD M15
Here is the signal update from yesterday, we have seen a maximum of 2.1R so far, currently in active play of 1.75R. We have banked partials and we are holding the remaining 50% position risk free. I'm hoping this setup has plenty more mileage in it.
Last week, we caught an amazing long position from a key area of support. And this position continued to rise a huge 530 points, it would be great to see something similar materialise here
At this point, a rate cut in September looks very likely.A range of critical financial reviews can be launched via way of means of americaA this week. Experts expect that the gold marketplace will now no longer alternate an awful lot after those reviews.
However, the fashion of gold continues to be at the upward push because of expectancies that americaA Federal Reserve (Fed) will loosen economic coverage whilst the June customer charge index file is published.
FxPro senior marketplace analyst Alex Kuptsikevich stated that the reality that gold nonetheless continues the $2,400/ounce mark is a superb sign. He stated that presently the indicators displaying the opportunity of hobby charge cuts via way of means of the Fed have become clearer.
In any other analysis, gold is likewise expected to boom sharply via way of means of experts. Accordingly, worries approximately instability earlier than and after elections in many nations round the arena will guide the upward push of gold, pushing valuable metallic expenses to new records.
The world XAU trading price is sky-highA number of important economic reports will be released by the US this week. Experts predict that the gold market will not change much after these reports.
However, the trend of gold is still on the rise due to expectations that the US Federal Reserve (Fed) will loosen monetary policy when the June consumer price index report is published.
FxPro senior market analyst Alex Kuptsikevich said that the fact that gold still maintains the $2,400/ounce mark is a good sign. He said that currently the signals showing the possibility of interest rate cuts by the Fed are becoming clearer.
In another analysis, gold is also predicted to increase sharply by experts. Accordingly, concerns about instability before and after elections in many countries around the world will support the rise of gold, pushing precious metal prices to new records.
Market Overview Part 25!!Me going Over My Robin Trap Strategy In Great Detail Along With My Blue Jay Strategy.
See How Exactly How I Trade In 2024!
XAUUSD : Gold will find its old peak within the weekWorld gold moved sideways around 2,427 USD/ounce in the early trading session this morning, a number of important economic reports will be announced by the US this week. However, experts predict that the gold market will not change much after these reports.
FxPro senior market analyst Alex Kuptsikevich said that the fact that XAU/USD remains firmly above the 2,400 USD/ounce mark is a good sign. Expectations that the Fed will soon cut interest rates are increasing, which underpins the price of gold - a non-yielding asset.
SUGAR/USD Short, GBP/NZD Short, USD/CAD Neutral & GBP/AUD ShortSUGAR/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
GBP/NZD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Neutral
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
• 1H impulse up above area of value.
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it, or reduced risk entry on the break of it.
GBP/AUD Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it.
World gold has increased sharply for many weeksLeading professionals are having effective tests approximately the chance of gold charge will increase this week.
Specifically, as much as 12/thirteen Wall Street professionals expect that gold charges will boom subsequent week and most effective 1 analyst predicts that charges will decrease. While no professional predicts gold will flow sideways subsequent week.
World gold rose to a 7-week excessive and ended its 0.33 consecutive week of profits after dovish remarks from US Federal Reserve Chairman Jerome Powell, along side data that inflation is decreasing. as expected.
The US client charge index (CPI) document launched ultimate week confirmed that center inflation (apart from risky meals and power charges) multiplied via way of means of 3% over the equal length ultimate year, marking The annual inflation boom is the slowest considering the fact that April 2021.
Closing the buying and selling consultation ultimate week (July 14), the sector gold charge changed into indexed at 2,411.sixty seven USD/ounce.
XAU continued to rise in the first days of the weekXAU rose to a 7-week high and ended its third consecutive week of gains following dovish comments from US Federal Reserve Chairman Jerome Powell, along with news that inflation is decreasing as expected. wait.
The US consumer price index (CPI) report released last week showed that core inflation (excluding volatile food and energy prices) increased by 3% over the same period last year, marking The annual inflation increase is the slowest since April 2021.
Closing the trading session last week (July 14), the world gold price was listed at 2,411.67 USD/ounce.
XAUUSD : Gold increased sharply at the end of the year?Although the PPI index last week somewhat restrained the excitement, gold was still able to hold the important support level of 2,400 USD/ounce. Coming into the new week, world gold prices were under pressure from investors to take profits at the beginning of this morning's session when ECB officials announced that the central bank could cut operating interest rates again in the end. 2024. It is likely that many ECBs will not be able to lower interest rates at this week's meeting on July 18, but possibly in September. This may have led to an increase in expectations for a similar move with the FOMC and opening shows a clearer trend of interest rate cuts.
Carsten Fritsch, commodity analyst at Commerzbank, expects that gold will find its historic peak again this week when the gap is only about 40 USD/ounce. Because after recent developments, from both data and Mr. Powell's statements, the possibility of cutting interest rates in September is higher than ever.
However, many experts say that investors should also be cautious because Q2 economic information is about to be announced in the US and Europe from now until the end of July. If the economic data is positive, gold can will likely be under pressure to make room for other risky assets, typically stocks.
GOLD XAUUSD Next possible movemets #XAUUSD ( Update..! )
The pair is currently running in a confused situation. According to that I can expect two scenarios. The most possible scenarios are most possible.
Sell now : Reason ❔
Broker the low time frame 5M descending channel
Broker the low time frame 15M descending channel
15M Structure break successfully
5M resistance break successfully
Buy now : Reason ❔
Running bullish trend in 1H timeframe
Making reasonable Fvg with huge range
Rebound from 1H trendline
Rebound from 1H support zone
My recommendation is just waiting for the local bearish or bullish confirmation to enter the market. This is a very dangerous situation. Be careful guys.
XAUUSD H1 - Long Signal $2000/ozXAUUSD H1
Here is a potential outlook for XAUUSD going forward, we have sold off since market opened, the opposite move I would have expected. However, we haven't really seen an influx of relevant trading volume yet, I would expect to see this during LON partially, but most likely the US open, both FX markets and subsequent US stock markets.
$2400/oz is in the crosshairs for obvious reasons, we have traded from this price previously (with the exception of the PPI dump). Targets would be $2425/oz before potentially breaking higher. XAUUSD is undoubtedly up-trending. Lets see if this weekends headlines can add fuel to the fire.
GBPUSD D1 - 1.30 ShortGBPUSD H8
We have traded just shy of our 1.30 psychological price level. We are looking to see some selling pressure come into play from around this price level, in hope we trade south back down towards this 1.28500 price. A more major considered area of support.
From this zone, we would be looking to catch some long positions. A rejection of 1.30 would warrant some USD strength. We aren't looking to trade the short, just merely indicated FYI.
Will gold decrease or increase when US politics is tense?The assassination not only increased Mr. Trump's chances of victory but also increased the Republican Party's chances of a sweep. If Republicans gain control of the White House and both houses of Congress, they could enact tax cuts that would increase the budget deficit.
That's how things work. When one party takes control, it's either Republicans cutting taxes or Democrats spending more. Both cases resulted in higher deficits, while a divided Congress barely passed anything.
When the budget deficit increases, bonds will be sold off due to concerns about increased supply and accelerating inflation. The Fed will therefore have to maintain interest rates at higher levels for longer.
How does this affect the market? Higher yields from US government bonds will make gold less attractive. Stock investors love low interest rates, and higher interest rates can make the market less attractive.
The biggest beneficiary is probably the USD. The USD benefits from both higher yields and a safe-haven environment. Political violence is bad news, and in tough times, the world's reserve currency is the winner.
Overall, the assassination of former President Donald Trump could cause gold and stocks to decline, while boosting the USD. Polls and ongoing information will determine how long this story lasts and how it impacts the markets.
Gold prices have recently increased sharplyGold can also additionally attain 2,500 USD/ounce withinside the close to destiny while the marketplace is happy through fantastic information.
Analysts at CPM Group keep to don't forget gold as a channel really well worth making an investment withinside the close to destiny. Gold charges are keeping firm, supported through issues approximately growing geopolitical instability across the world. As americaA election approaches, gold charges will boom.
World gold spot rate stands round 2,406.9
Kitco News` modern day weekly gold survey suggests professionals and shops are constructive approximately gold charges this week.
XAU stays in a bullish trend. Gold charges rose for the 1/3 consecutive week, supported through low hobby prices and a vulnerable USD.
Weak CPI document and hypothesis that americaA Federal Reserve (Fed) can also additionally reduce hobby prices greater than two times this year. Thereby, gold charges can also additionally keep to boom withinside the brief term.
XAU climbed to the top Monday morningWorld gold spot price stands around 2,406.9
Kitco News' latest weekly gold survey shows experts and retailers are optimistic about gold prices this week.
XAU remains in a bullish trend. Gold prices rose for the third consecutive week, supported by low interest rates and a weak USD.
Weak CPI report and speculation that the US Federal Reserve (Fed) may cut interest rates more than twice this year. Thereby, gold prices may continue to increase in the short term.
GBP/AUD ShortGBP/AUD Short
Minimum entry requirements:
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
XAUUSDHello traders ,what do you think about EURUSD ? The price is currently near the resistance zone (2430–2450USD). It is expected to encounter resistance here and retrace downwards.
After this retracement, the initial support is in the 2370 USD zone, which could strengthen the price and lead it upwards again.
If the price shows a strong rebound from the support area, the next target could be breaking the resistance zone and reaching the 2500 USD level
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Market Overview Part 24 !Me Going Over The Lossing Trades And Winning Trades Trading My Robin Trap Strategy
In Full Detail!
The gold market witnessed a strong increaseThe gold market is witnessing a strong bullish reaction to better-than-expected inflation data
Inflation is falling towards the Fed's 2.0% target and makes it more likely that the central bank will start cutting interest rates - a positive development for gold.
Interest rates have done a good job of bringing inflation back to the Fed's 2.0% target.
Asked about the timing of future Fed rate cuts and whether he would wait until the Fed's preferred inflation measure, the Personal Consumption Expenditures Price Index (PCE), falls below target Fed before taking action, Powell said he would not do so, because "inflation has a certain momentum" and "you don't want to wait until inflation falls to 2.0%".
World gold increased sharply after CPI newsGold prices edged higher on Thursday after US CPI data fell more sharply than expected in June, boosting hopes of a September interest rate cut from the Federal Reserve.
The consumer price index (CPI) fell -0.1% last month after reaching 0.0% in May, the US Bureau of Labor Statistics said on Thursday. Latest inflation data good than expected, as economists were expecting a 0.1% increase.
Over the past 12 months, headline inflation rose 3.0%, below expectations of 3.1% and slower than May's 3.3%, the report said. Core CPI, excluding food prices and volatile energy, up 0.1%, better than expectations of 0.2% and May's 0.2% gain.
The report also said annual core inflation rose 3.3% in June, also better than expectations and the previous month's 3.4% increase.
