Up!
GOLD is trying to beat resistance - Then Target is 20701-hour chart ,
GOLD is trying to cross the resistance (BLUE) line.
There are multiple chart patterns with several targets, to be formed after crossing up. The highest will be 2070 - passing through the shown levels of resistance.
Stop loss (RED) line to be considered.
XAUUSD - FAKE RUPTURE OR WILL BULLS WIN THE FIGHT? SEE MY IDEAS The technical analysis for XAU/USD (Gold/US Dollar) is showing a neutral to slightly bearish sentiment at the moment. The summary from a technical analysis is neutral, with moving averages giving equal buy and sell signals (6 each). However, the technical indicators are leaning more towards sell (4) than buy (2), suggesting that there might be a slight bearish trend in the immediate term.
For the upcoming week, there isn't a clear trend indicated from the information available. It's important to consider that gold prices can be influenced by many factors including economic data releases, geopolitical tensions, and market sentiment. Investors and traders often look at gold as a safe-haven asset in times of market uncertainty, which can lead to price increases, whereas stronger economic indicators can lead to strengthening of the USD and a decrease in gold prices. It would be advisable to keep an eye on upcoming economic events and market news for a more accurate forecast.
MY TWO IDEAS HERE THOUGHT THIS LINKS:
drive.google.com
drive.google.com
EURUSD 12/11/23With EUR usd this week we finished in the same range that we started Friday meaning there wasn't much to do when it came to adjustments in terms of this week's outlook and we know that gbp usd has gone bullish, so there is potential for euro to follow this movement overall structurally we have a barest range so we have to continue to follow that but we will be using caution coming into this week as possible bullish reversals are on the table.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
nzd/chf Week's LOW
Last week's low was not breached! However, it bounced back impressively! The previous week's high is quite far, almost halfway for potential trading! Let's use a tight stop because we are anticipating a bounce from the weekly low! It attempted several times to break below but couldn't sustain, and it bounced back nicely! Let's see if it will go higher!
CrowdStrike going up!A bit unusual for me to try and make a idea about a specific stock, but here goes!
Crowdstrike has always been a darling for me and I have been in-and-out of the stock a couple of times, but this time im in it for the long run!
Clear upwards trend, with a nice couple of close support/resistance levels.
The current one we are at now from 168-169. Should go higher, based on their incredible earnings.
TP 1 - just above the 180-level, should be reached start-mid November and should hold that support.
TP 2 and 3 will be commented later!
Follow and keep track of the stock!
Good luck!
Up early Friday, well off highs at endNow that Minor wave 3 has likely ended (62 hours later), the index is well into Minor wave 4 up. We could even be nearing the end of Minute wave A. Historical data indicates Minor wave 4 could last 21-36 hours with a final top around 4350-4387. It is possible the index is already in Minuette wave 5 of Minute wave A inside of this Minor wave 4. Looks like Minuette wave 5 will last about 4 hours max and the first hour has already ended with Thursday's close. Strong model agreement of the top around 4340-4348 within the first few hours of trading on Friday. This could be achieved with a probable gap up to open, but all gains will likely be given back over the rest of the day and early hours on Monday. The final top for Minor 4 will likely be achieved next week.
More analysis, data, and levels will be available by the weekend once Minute wave A has truly ended. More great insight and datastreams to come.
MPCO, higher possibility to target 0.92On 30-min chart,
MPCO , EGX, is trading in a channel, until crossing up and targeting 0.89, then next target 0.92
Technical indicators RSI and MACD are showing higher possibility for going up.
Stop loss at the lower channel line (around 0.82) should be considered.
It is a volatile stock.
📊#GALA near all-time lows, RSI oversold, forming bullish triang🧠After a 217-day downward adjustment cycle, GALA is close to the lowest point in December 2023. The entire correction period forms a triangle structure, and we can set up trades by watching how the price reacts after touching LL
Let's see👀
COIN coiling up for another impulse Up Coin made a nice impulse up this summer from 30-100 and is now correcting and coiling for another move up here.
Its mid term trajectory has a lot to do with whether the macro Equity market is hit hard with what I believe is at least a mild recession coming early next year.
This next impulse up takes us to the 120-130 range at least.
Look for the coming ETF decisions by the SEC to be a potential catalyst for more upside.
But remember...Narrative follows price...so we'll be prepared no matter what the catalyst is
Cheers!