Gold's transitory route towards a new all-time high has been postponed. Due to a misread with Waves 2 and 4 within sub-wave 3, the previous idea of Gold finding bottom support immediately below $1680 is obviously nullified at this point. Using invalidation as a signal, its now very safe to assume that Gold will drop to $1500-$1480 before support is likely...
Silver is down 7% over the past 5 days, we're at a pivotal point of support and breaking out of the channel may indicate a trend reversal. What do you think is next in store for this precious commodity?!
GOLDUSD Daily neutral with a bearish bias. Recommended ratio: 35% Gold, 65% Cash. *Gold, Oil, Agriculture, Treasuries, Euro and Cryptos finished higher today while DXY and Equities closed lower. Last week the EU proposed a new ban on Gold imports from Russia (the fifth largest holder of Gold reserves in the world). Equities started strong but then finished...
PLATINUM on the daily chart broke the perfect descending channel and now testing a daily resistance. According to Plancton's strategy if the price will break and close above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡...
Gold against Dollar , expected to make a bullish move towards, 1834 area which looks strong resistance upwards from the Support of 1810 area
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis. Also let me know your thought in the comment section what you...
Let me present my idea, it looks like Platinum has touched the 61.8% Fibonacci retracement level at the price 953.066, and we hope to go to the first price direction in the 982.739 range at the 161.8% level, and the second price at the 999.925 range at the 261.8% level, but I personally prefer to set the profit point at the first price range. If the movement...
By the grace of Allah the most high my previous chart of MTLUSDT: has produced more than 64% profit. Now the priceline of Metal / Tether US got breakout the $0.3500 resistance and now retesting this resistance as support in the meanwhile the price action is also hitting the 50 moving average exponential support. This support should be used as stop loss in case...
Hi, Gold price approaching a Triangle tip. This is not a perfect triangle because of asymmetric touches between the top and bottom trendlines but hopefully, you will understand my point and my point is - triangle tip may release volatility to the breakout direction. Triangle has two breakout opportunities. Suprise-surprise, up and down but at the moment, those...
A possible Sell opportunity: - yearly levels (2017 high) - trendline - strong area Wait for a rejection from smaller timeframes. If possible then wait for a confirmation from bearish candlestick patterns. Feel free to support my effort by hitting the "LIKE", it is my only fee from You! Best regards
XAGUSD is testing its resistance where we expect to see a reversal. XAGUSD is testing its resistance 16.20 (horizontal swing high resistance, 61.8% Fibonacci retracement ,61.8% Fibonacci extension ) where a reversal to its support at 15.51 (61.8% Fibonacci retracement ,100% Fibonacci extension ) Stochastic (21,5,3) is also approaching resistance where we...