Basic forecast and rib structure for golden momentumThe price of gold has cooled down compared to earlier this morning, after reaching its highest point in over six weeks at $2051. It increased by 1.5% for the day and currently remains stable at its seven-month high of $2044.
Gold is expected to continue rising in the near future. The 1-hour chart shows that both EMA lines indicate strong buying pressure. There is a possibility of a correction before the price resumes its strong upward trend, and Samson's perspective emphasizes the importance of this adjustment period.
Key support levels to consider are $2020 and $2030.
There are consecutive resistance levels at $2050, $2060, and $2070.
Longsignal
Scalping XAU! sideway accumulates Gold price today⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is facing difficulty in taking advantage of the small gains made yesterday and is fluctuating within a tight trading range, remaining below the significant psychological level of $2,000 during the first half of the European session. Currently, investors are hesitant to make bold bets on the market's direction and are instead waiting for further clarification on the Federal Reserve's plans regarding interest rate hikes.
⭐️ Personal comments NOVA:
Sideway accumulation zone, suitable for scalping. The price trend is still following the rhythm of downward adjustment and BUY recovery
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $1988 - $1990 SL $1985 Scalping
TP1: $1993
TP2: $1996
TP3: $2000
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
GBPJPY D1 - Long SignalGBPJPY D1
GBPJPY surged to peak at 188, subsequently retracing to the 185 handle, which aligns with our identified confluence and buy zone. The strategic elements in play include discernible daily (D1) demand, robust D1 support, and the psychologically significant 185 price level.
Additionally, our protective stops are strategically positioned to encompass the preceding lows, fortifying the integrity of the overall trend structure.
AVAX ANALYSIS🔮 #AVAX Analysis - Breakout 🚀🚀
💲💲 There is a breakout of falling wedge pattern in #AVAX in weekly time frame. $20-$22 is a crucial resistance level and if #AVAX holds this level then we will see the price range of $30 in next target. 🚀🚀
💸Current Price -- $20
📈Target Price -- $30
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#AVAX #Cryptocurrency #Breakout #DYOR
XAUUSD D1 - Long Signal following pullbackXAUUSD D1
I hope you see the theme here for XAUUSD, in a bullish trending environment, we are ending the weeks strong, but seeing a subsequent rejections upon market open. Gaps downside as profit taking seen, as we gear up for the next bull run.
Entries are difficult, because they're not pulling back to our support price. That being said, if we can highlight something, we will be targeting that $2050/oz resistance price.
SPY Has Now Hit Its Target Down of 410. Now We Bounce.Traders,
We have been watching for this target to be reached for a few weeks now. Today we hit it. And just as I suspected, our RSI cooperated and synced with the price support, hitting its support at the very same time. Strong support in price levels conjunctive with strong support on the RSI means that the probability of a bounce next week is highly likely.
Best,
Stew
YGMZ trading ideas and stocks volatility YGMZ has a beta of 1.32, meaning it tends to be more sensitive to market movements. YGMZ has a correlation of 0.02 to the broad based SPY ETF.
As of October 13, 2023, YGMZ stock price climbed to $0.45 with 75,309 million shares trading. Showing massive returns for investors.
YGMZ has underperformed the market in the last year with a price return of -76.2% while the SPY ETF gained +19.7%. YGMZ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -50.0% and -5.4%, respectively, while the SPY returned -3.7% and +0.9%, respectively.
YGMZ support price is $.39 and resistance is $.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that YGMZ stock will trade within this expected range on the day.
XAUUSD Long positionGreetings.
This is my bullish idea from XAUUSD.
Because we're going in the next quarter i will be expecting the banks to immediatly push up the gold price from this insane low price.
I also see an imbalance within the Big short move from last week.
I would highly recommend taking this position as soon as the market opens, I will be expecting a longer time for this investment to run but for now if looking for a 100 pip move this would be an ideal position.
If anyone has any comments, you're welcome to comment on this post.
With kind regards.
Leroy Wessels
APPLE Technical Analysis! BUY!
My dear friends,
APPLE looks like it will make a good move, and here are the details:
The market is trading on 171.20 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 179.82
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURUSD Expected Growth! BUY!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.0698 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0763
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
ADA is coin on the long list with the level 0.2571Hello everyone!!!
AIHermes today identified ADA coin on the long list with the level 0.2571
The stop is short.
We see a long accumulation and a gorgeous squeeze!
1st target 0.2609
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Today:
16 coins on the long list
10 coins on the short list.
The lead is in the short zone.
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ID coin is on the long list with the level of 0.021976Hello everyone!!!
AIHermes today identified the coin ID on the long list with the level of 0.021976
Entry model - breakout! Leverage 10-20X
Stop is short.
We see a long accumulation and a gorgeous squeeze!
1st target 0.2349
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Today:
17 coins on the long list
11 coins on the short list.
Lead in the short zone.
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NMR coin is on the long list with a level of 14.81Hello everyone!!!
AIHermes today identified the coin NMR on the long list with a level of 14.81
Entry model - breakout! Leverage 10-20X
Stop short.
We see a long accumulation and a gorgeous squeeze!
1st target 15.88
Trade with us, trade better than us!
Today:
17 coins on the long list
11 coins on the short list.
Coins on the short side.
The full list of coins is delivered by our bot every day at 9.00 am
TRADE ALERT - LONG SANDTraders,
Admittedly, I am making this trade partially because I am a little bored with this price action in the crypto space lately. But, SAND is oversold and it has been for a few weeks. I expect a pop anytime now.
Additionally, you can see we are still in a bullish descending triangle. Now, in a bull market, this would be highly bullish to exit. However, I have learned that an exit from these triangles rarely plays out the same way in a bear market. Therefore, I will be happy to simply touch that 50-day ma at around .37 cents. I will make that my target. Stop out will be .28 cents. And my entry was around .30 cents. We’ll see how this goes.
Best,
Stew