GOLD - Moving sideways in a narrow rangeThis week, the value of gold received a boost due to weak economic data in the US, which caused the dollar to decline.
This led to speculation that the Federal Reserve may not raise interest rates further.
However, this support is limited as the dollar is expected to recover due to uncertainty about the Fed's next move.
Although some areas of the US economy are slowing down, inflation and the job market remain strong, which puts pressure on the central bank to tighten policy.
Currently, the price range for gold is between 1966-1952, with a narrow band. Traders can operate within this range during the Eurasian session. It is important to manage your volume and stop-loss immediately during periods of strong market fluctuations.
And today, I will wait for the SELL to continue in the upper regions around 1970.
And target at 1950 - 1945. Then BUY order will be set
Signaltrading
New week GOLD - Is the 1900 target still far away?The outlook for gold is becoming more negative due to a few reasons, including US interest payments gaining momentum and a recent payrolls report indicating a strong economy.
The strength of the economy and labor market could slow down usage and bring it back to the 2.0% target, which may require the FOMC to increase the closing rate and keep it high for a longer period of time to maintain price stability.
Despite attempts by the bulls to maintain mid-term gains, there is a possibility that the trend could shift negatively if the price falls below $1,940, encouraging those who are making excellent progress to attack the $1,900 target.
Before that happens, I anticipate that gold will undergo a short-term test of the 1965 and 1975 areas, enabling us to develop a sound selling strategy.
DELL Technologies Options Ahead of EarningsIf you haven`t sold DELL here:
then Analyzing the options chain of DELL Technologies prior to the earnings report this week,
I would consider purchasing the $47.5 strike price Puts with
an expiration date of 2023-7-21,
for a premium of approximately $2.10
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
ULTA Beauty Options Ahead of EarningsLooking at the ULTA Beauty Options options chain ahead of earnings , I would buy the $480 strike price Puts with
2023-9-15 expiration date for about
$28.90 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
DAL Delta Air Lines Options Ahead of EarningsAfter the last price target was reached:
Now looking at the DAL Delta Air Lines options chain ahead of earnings , I would buy the HKEX:35 strike price Calls with
2024-1-19 expiration date for about
$4.50 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Bitcoin long signal with 4X leverage : moderate riskjust wait until the price reach to this level. a bounce is expected from here so it's recommended to risk free the trade and save profit on TP1.
by checking my other ideas u can judge my signals. loss is something natural in this market so manage your risk and use proper margin on this trade!
fell free to message me for more signals on crypto and forex!
UNI Uniswap Labs’ mobile crypto wallet blocked by AppleUNI Uniswap Labs, the firm responsible for the foremost Ethereum-based decentralized exchange (DEX), is purportedly encountering hindrances in its attempts to release a mobile cryptocurrency wallet for iPhone users.
As per a spokesperson from Uniswap Labs, despite fulfilling all of Apple's requirements, the company has not granted approval.
This recent obstacle reinforces the notion that Apple is a rigid overseer of crypto enterprises' admittance to the iOS platform, and its prohibition of cryptocurrency trading applications that do not employ "an authorized exchange" has faced criticism.
Considering also the Double TOP chart Pattern, I now expect a retracement to the next support of $4.95.
Looking forward to read your opinion about it.
It's expected that the ChainLink crypto will rise +60%(+330pips)🔰You can see the crypto analysis of ChainLink to TetherUS in the four-hour time frame (LINKUSDT_ 4H) 🔍🧨
💥Considering that the price has been able to break its Down trend line🖤, there is a possibility that the price will rise to the Supply zone🔺🚀
Do you think this analysis can be profitable🧐❓
I hope the analysis was useful for you🤍🌹
______📈TRADER STREET📉______
Sell the EURCAD at the best place and price and earn +170 pips💰🔰You can see the analysis of the Euro to Canadian dollar currency pair in the one-hour time frame (EURCAD_ 1H) 🔍⚡
💥Considering that the price has been able to break its Up trend line🖤 and make a pullback to it, if the price can reach the SUPPLY zone and the pullback💜 area again, it can experience a fall to the DEMAND zone🔻🔻
Do you think this analysis can be profitable🧐❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the TraderStreet to your friends 🙏🏻
__________📈Trader Street📉____________
🎁BUY NZDJPY at the best price and get +150 pips profit💰🔰You can see the analysis of the New Zealand dollar to Japanese yen currency pair in 30 minute time frame (NZDJPY_ 30min) 🔍🧨
💥Considering that the price has been able to break the Down trend line🖤 and also the existence of an unconventional shadow🖤, if the price can reach Support🧡 again, it can rise🔺 to Resistance🧡
Do you think this analysis can be profitable🧐❓
I hope the analysis was useful for you🤍🌹
______📈TRADER STREET📉______
1INCH Price PredictionGrayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
In this context, price target for 1INCH is $0.52.
Looking forward to read your opinion about it.
SQQQ long @ $40.00 I am adding onto my position in SQQQ, my last buy in point was $41.85 with the FOMC about to happen over the next 2 days, this is going to be my hedge against any drops in the market.
We're well underneath the Keltner Channel and I expect to either trade sideways for the time being or move our way back into the channel as the next 2 days go on.
We're sitting right under a major area of resistance, we will retest this over the rest of the week.
Depending on what happens with the FOMC meeting, we may see a huge rebound in this. As you may know, asset classes of all types typically jump in price before these meetings.
I may continue to add onto this position as I believe 2023 will be an absolutely s*** show with a global recession / potentially depression incoming.
AUDUSD > The Trend is Shifting Up, Where to Buy!?Analysis of #AUDUSD
Hi traders, today we will have a look at #AUDUSD
the momentum now is to the upside as you can see, we have this impulsive move-up after the market was unable to break its resistance level near 0.6500, which now becomes a support level.
the market now testing its trendline resistance on the daily time frame, of course, after the way the market reached this level, I am not interested in selling the market here, as we might actually continue to the upside.
what I prefer doing is to wait and see if the market pulls back to test its support level and look for a buy entry near support if the market shows a bullish reaction and valid entry with good risk to rewards
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
⭕️SELL AUDCAD at the best place and time 😉 ❗️🔰You can see the analysis of the Australian dollar to the Canadian dollar in the 30-minute time frame (AUDCAD_ 30min)🔍💣
💥Taking into account the price drop from the SUPPLY zone, if the price returns to this zone (supply zone), we can expect the price drop to the upward trend line (black🖤 color)🔻If the black upward trend line🖤 is broken and then the price pullback❗ to it, we can expect another collapse of the price to the specified DEMAND zone🔻🔻🧐
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
__________📈TRADER STREET📉___________
MKR Maker Price PredictionGrayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
In this context, price target for MKR Maker is $660.
Looking forward to read your opinion about it.
GBP/CAD Key LevelHi guys its kamy
i can see a clean movement in gbpcad and there is a good level of support for the price and good reactions have been given to this support level before.
We should wait to see a bullish signals at our support level to take our long position
i would like to know ur ideas about this post so dont hesitate to post your comments
wish you profits.
FB Meta COO Sheryl Sandberg is stepping down after 14 yearsIf you haven`t sold FB at $341:
Then you should know that Sheryl Sandberg is stepping down after 14-year tenure at Facebook as COO.
This is not good news in my opinion for what is about to come for FB in the years they are about to spend building the Metaverse.
My price target is $162.
Looking forward to read your opinion about it.