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XAUUSD Weekly Technical AnalysisXAUUSD Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support-Resistance Zones, Modified Schiff Pitchfork, Pitchfork, TrendLines - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
FXOPEN:XAUUSD
by BahamasX
XAUUSD TripleMonthly Technical AnalysisXAUUSD TripleMonthly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Cup and Handle, TrendLines - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
FXOPEN:XAUUSD
by BahamasX
EURUSD TripleMonthly Technical AnalysisEURUSD TripleMonthly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Confluence, Parallel Channels - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
by BahamasX
EURUSD Monthly Technical AnalysisEURUSD Monthly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Confluence, Cluster, Fibonacci Retracement, Channels - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
by BahamasX
2
Gold trading strategy on February 27, 2023The dollar rallied to a seven-week high in the last session, after data showed US inflation continued to rise, while consumer spending rebounded in February, underpinning the outlook. Hope that the US Federal Reserve (Fed) will continue to aggressively raise interest rates to control inflation. Hotter-than-expected data helped the greenback continue to rally against other currencies, taking the DXY index to 105.20 - a 7-week high and on track to post its biggest weekly gain since from the end of September 2022. Money markets are now predicting the top US interest rate will hit 5.4% in July and expect it to stay above 5% for the full year, compared to the current target rate of 4. 5 - 4.75%. Markets have also priced the Fed will raise rates three times over the next three meetings. At the opposite end of the spectrum, the euro fell 0.5% against the greenback at $1.054. Earlier in the session, it fell to a seven-week low of $1.0536. The British pound fell 0.68% against the greenback, at $1.1938. Meanwhile, the dollar rose to a two-month high against the Japanese yen of 136.44 yen. Trading recommendation: Support level: 1,800.30 1,797.45 1,782.90 Resistance levels: 1,834.00 1,845.99 1,860.00 Trading recommendation: Buy soup at the price range 1809 - 1808 Stop Loss: 1803 Take profit 1: 1823 Take profit 2:1830 Take profit 3: 1835 Note: Always set TP and SL in all trading cases
OANDA:XAUUSDLong
by DNAchampions
Gold market commentary on February 17, 2023Gold prices were little changed by the end of Thursday’s trading session, but the yellow metal extend its recent losing streak during Friday’s Asia-Pacific trading session. The anti-fiat yellow metal is now on course to sink over 2 percent this week. In fact, the 5.25% drop so far in February is shaping up to be the worst month since June 2021. This week in particular, prices have been wobbly since the aftermath of Tuesday’s US inflation report. For January, the country saw unexpectedly higher CPI data, opening the door to a still-hawkish Federal Reserve. The reason why this matters is that markets have been slowly unwinding expectations of a rate cut pivot towards the end of this year. XAU/USD Daily Chart XAU/USD continues to decline after confirming a breakout under the 20- and 50-day Simple Moving Averages (SMA). That is setting up prices for further losses as the 38.2% Fibonacci retracement level at 1828 is being tested. Falling under the latter exposes the midpoint at 1787. Otherwise, a turn higher has immediate support as the 50-day SMA. Trading recommendation: Buy soup at the price range 1823 - 1820 Stop Loss: 1816 Take profit 1: 1835 Take Profit 2:1844 Take profit 3: 1850 Canh sell at the price range 1847 1846 Stop loss 1850 Take profit 1: 1840 Take profit 2: 1835 Take profit 3: 1830 Note: Always set TP and SL in all trading cases
TVC:GOLD
by DNAchampions
BITCOIN again in the parallel channel and more range 📖💡Hello 🐋 Based on the chart, the price is again in the ascending channel and close to the channel support area, and we expected the retest to be completed ✔️ if the price doesn't break the support zone to the downside and just complete the retest, we will see more gain, at least to our upper trend line 💣🚀 otherwise we can see more correction to lower support level ❌🧨 if breakout of the upper resistance zone be completed, we can see more pump to the upside ✔️🚀 👌 Notice: pay attention to the price on shortcut chart (located below the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
6
LONG TERM BUY ON NZDCHFPrice has successfully completed the ABC correction on the 2nd wave of the impulse. We are now ready for the 3rd leg which is the longest wave. Let's watch for rejection at the current trend line on the lower timeframes to enter with stop loss below last swing low. For safer entries, we can wait for price to break the counter red trend line for confirmation. Our first target is 0.6000, second target at 0.6300 and 3rd target at 0.6500. Let me know what you think in the comment section.
Long
by akumjoel
2