🔥 XAUUSD - The effect of WAR on the GOLD (READ THE CAPTION)By re-examining gold in the 12-hour time frame, we can see that the price on Friday was accompanied by heavy buying pressure with the announcement of Israel's ground attack on Gaza (Hamas) and considering that gold is a popular and low-risk asset in war conditions. It is considered to have created this amount of demand in the price! The important thing that happened on Friday was that the price attacked the top of the POC Line without any specific reaction to it and closed above this important level ! This important level was $1925 when we saw that the price broke this resistance with great strength and moved towards higher targets, But the important point is that according to my personal strategy, this flow can be given high credibility if the price can be stabilized in at least 1 to a maximum of 3 candles, which means that if the price moves below $1925 again in these 3 days and closes, probably we'll see the drop to $1885 as the first downward target! Pay attention that the most important condition for changing the Bearish to Bullish trend is to stabilize above $1925 and break the price of $1955, in which case we can expect the price to grow even up to $1976 and $2020 ! So this week is very important for gold and we have to monitor the behavior of the price! With the growth that the price had on Friday from 1868$ to 1932$, a large liquidity void has been created, and the probability that this FVG will be filled soon is high! All this will depend on the trading process on Monday and Tuesday! The important supply zone in front of the price is from $1929 to $1954 and we have to see if the price will be rejected from this zone or not, and to fill this gap we must see the consolidation of the price below $1925! I hope this comprehensive analysis will be useful for you!
Best Regards , Arman Shaban
WAR
Critical 4 weeks for DAX Following weekly chart.
The last time when I get a short signal to in weekly chart was 4 weeks before COVID crash. (red area in the chart)
Now I got the same signal and unfortunately this is the most trustworthy signal for me.
I think this 4 weeks are really critical and what I expect is we might way to go to gaps below.
Be careful and be careful!
XAUUSD: Is the uptrend at its end?The gold market can experience sudden price hikes due to fundamental situations. If the war situation remains stable, there might be a possibility of some corrections in gold prices from a technical point of view. However, it is essential to note that trading against the market trend can be risky.
I opened this trade because of the reasons explained in the chart above. My initial target price is $1951.
Past events affecting gold (SAFE HARBOR!!!)As evident, gold has consistently served as a safe haven for economies, a role it continues to play today. The only deviation from the norm is that the ongoing conflict remains confined to a regional scale, characterized by the commission of war crimes and a notable increase in hostilities. Consequently, we may anticipate a forthcoming surge in gold prices. However, the pivotal question revolves around the sustainability of this price escalation before it eventually reverts to normalcy.
I have thoughtfully constructed a comprehensive chart, as depicted, documenting the significant milestones that gold has traversed in recent years. I am also considering the creation of an even more intricate chart encompassing events from the year 2000 onwards. Please express your interest in this endeavor.
Returning to the central point, it is plausible that despite the ongoing escalation and the absence of significant interventions by Arab leaders on behalf of Gaza, the conflict will eventually subside. This, in turn, may lead to a restoration of prices to their baseline, especially considering Israel's potential need to do so. According to the Israeli military, which relies heavily on reserves, the nation may struggle to endure the economic repercussions of an extended military mobilization. Such a strategy follows the Swiss model of wartime resource allocation, which can be further explored for context. The crux of the matter lies in Israel's financial constraints, as it cannot sustain a year-long, full-scale military deployment, given that it would encompass the entire population and strain available resources. I hope this explanation proves enlightening.
Daily pinbar candle. Fundamental still bullish?!Hi guys. Last week was again a week full off strong bullish momentum. Even the big resistance levels couldn't stop the massive bullrun. The market is overal more moving on fundamentals then technicals. The war going on is making the precious metal in big demand.
I adviced traders to be carefull with selling the market. Intraday/swingtraders having a hard time shorting the market atm.
If we look at the friday daily closing. We can see a big pinbar. 1983-1985 is big resistance level. It broke in lower timeframe(up to 1997)but created a fakeout in higher timeframe. We tried buying gold after the break and retest. But H4 did not mange to close above the resistance zone. THe pinbar candle indicates a posible stop to the bullrun. But keep in mind the market is mostly running on fundamentals. So in my opinion gold will fall from the resistance level towards posible 1972, 1953 or as low as 1930 before the bull run starts again.
Gold is also moving between a channel. So it is posible for gold to follow the channel upwards.
Resistance: 1985, 2009, 2025, 2065
Support: 1972, 1953,1930
XAUUSD 22/10/23XU showing us the results of major fundamental events as tensions rise the price of gold is sure to follow, as one of the safest assets to own even in 2023 gold is worth its weight! (unlike the USD)
heading into this week iam looking for a low run into another new high from this very favourable asset.
longs are for sure but a small rebalance is in order so will be looking out for this to come at some stage.
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!
Has LMT Reached The End? | War | Historic Analysis Disclaimer: I am in no way condoning violence, nor support either side of any conflict. This will be an analysis of NYSE:LMT alone. With that being said let's dive in.
Introduction
We all heard the breaking news, as of October 7th, 2023 Israel and Palestine are officially at war with each other creating tension around the globe. Now I know you probably wondering, how it affects our economics on the Western front, specifically the stock market. What can we expect in the future, and of course can you turn a profit from all this? Toady, we'll dive deep into what stocks to pay attention to and how involved NYSE:LMT , AMEX:DFEN , and NYSE:RTX really are. So strap on your seat belts as we talk about the M word. No not morals, Money.
The Big Bois
Without a doubt the largest companies in the US for military exports are NYSE:LMT , NYSE:RTX , and $NYSE:GD. The largest consumers of these military goods are Korea, Japan, Australia, Saudi Arabia, and Israel. I will leave the AMEX:DFEN ETF here which holds most of the companies I've mentioned and then some. We want to look at these companies when we hear conflict. With that being said let's head over to some charts.
*For a more in-depth analysis of military manufacturers, I suggest researching what companies are good for and what they supply, but at the end of the day, they all complement each other, which is why you really can't go wrong with $AMEX:DFEN. If it really matters it's just a Google search away.
1D NYSE:LMT
Percentage Increase Zones: I labeled these zones so we can get a clear view of the effects of war/conflict. This is the type of capitalization you can get from these scenarios, and we are seeing similar percentages to the ones from the Russian-Ukraine conflict. I believe the highest this can climb would be the all-time high, which just so happens to reach a perfect 29%, so something to be looking at.
Possible Rejection Levels: These are levels that can play as a resistance/retrace before a rejection to the downside.
Possible Support Levels: These are the levels that can play as a support/reversal to the upside.
Moving Average: 200 MA could play as a resistance and we could have reached the end of this first swing before we fell back down the the previous low.
MACD: MACD Showing signs of a bearish divergence perhaps, keep a sharp eye on that.
1W NYSE:LMT
Elliot Waves: I debated whether or not wanted to mark this as a complete Elliot Wave or not (12345) then (ABC). To each their own, this is expected when we talk about something as subjective as Elliot Waves.
FIB: The Fib is used to show possible retracement levels, which I labeled out in the "possible rejection zone" if this stock were to go lower.
Moving Average: 200 MA played as a perfect pillow, now we just see if it can stay that way.
Relative Strength Index: In each "war" zone I have shown the amount of buying pressure we usually see during these conflicts, but it seems we have no pressure, nor any indication that this will be bullish. In fact, we were oversold not too long ago.
Stoch RSI: Same with the Stock RSI we are in the (ABC) faze of the indicator.
Summary
Overall, we are seeing more downward pressure than any bullish indications, I believe we need to get through the bears first before this stock skyrockets. Another factor is that war must be prominent, something we really shouldn't be rooting for.
Bonus
NYSE:RTX and AMEX:DFEN
Please Please Please, like and follow the post if you found this helpful! It helps the algorithm and me to reach more people, don't be afraid to comment with your thoughts down below!
Gold - was, is and will always be our Safe Haven!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Daily: Left Chart
After rejecting the 1800.0 support, Gold has been bullish especially after breaking above 1900.0.
Currently, XAUUSD is sitting around a strong resistance in green.
For the bulls to remain in control, we need a break above 1960.0.
📈 In this case, a movement till the 2000.0 round number would be expected.
on H1: Right Chart
Meanwhile, the bears can still kick in. To be confirmed if the last low in gray at 1934.0 is broken downward around.
📉 In this case, we will be expecting a correction till the 1900.0 support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
💎 $GOLD : Correction to $1903 ? (READ THE CAPTION)By examining the gold chart in the daily time frame, we can see that based on our analysis, on Friday with the announcement of the NFP, the price attacked the level of $1810 to collect liquidity, and then it was accompanied by demand pressure (As we mentioned in the previous analysis, the price was in a demand range for several days) and with the war between Israel and Palestine, the market found its own excuse for further growth, And today, until this moment, it has managed to grow up to $1856 and hit its first upward target! As I said in the previous analysis, for the price to grow, gold must stabilize and close above $1830, which is exactly what happened on Friday!
The important demand zone is from $1812 to $1829 and the important supply zones are $1858, $1880 to $1889, and finally $1903!
Best Regards , Arman Shaban
The Last and The Main TA : (Click on the picture to see more)
#Oil buying opportunityHello dear traders and friends, I hope you are all having a great week. Let's take a look at Crude Oil prices, where it appears that the price has formed a support level around $80 to $82 after a 14% bearish move since the top formed in late September.
In the 4-hour timeframe, we can observe that the price has already shifted its bearish market structure to the upside by forming a new high. What's particularly noteworthy is that this high was formed from a higher low, indicating that sellers were unable to push prices any lower despite the prevailing bearish trend.
In the daily timeframe, things become even more interesting as the price has formed a significant bullish engulfing candle that has covered the last four daily candles. This suggests a high potential for upward movement. Additionally, in the 1-hour timeframe, we can see that the price is near a static support area, as indicated on the chart, and coincides with the daily central pivot area. This further supports the possibility of this area acting as a price low.
Apart from the technical aspects, we are also aware of the ongoing tensions in the Middle East between Israel and Hamas. The potential escalation of conflict and involvement of other countries can have a positive impact on oil prices.
Please also take a look at my other posted ideas which I'm sure you are going to like it and share your thoughts and feedback with me. Thank you.
$UVXY $120+ BUY CALLSUVXY is a volatility factor in the market. As political tensions rise high in the world, we are due for another market correction and overall world market corrections. USA of course is protecting its interest in the Middle East and as we can see, Israel-Palestine conflict is only getting started. This is a multi-decade war between Israel and Arab/Muslim states.
However, this war is not going to be similar to previous, this will be final and deciding war in that region, after which, nothing will be left there and geographical borders will change. This is a political game because of all the resources hidden, particularly Oil, in the Middle East. I believe this time we will see a use of nuclear weapons.
There will be de-stabilization in that region and rest of the world. UVXY will spike due to this. I'm not sure about my timing, but I see these tensions rising very high and markets staying volatile within near future.
Please check out my other predictions as they are fairly accurate, I don't post a lot, but I think this time I might be right.
Gold BUY Tensions RiseDear Ziilllaatrades,
We'd like to discuss a potential chain of events where an invasion of Israel into Palestine could trigger Iran's involvement in the conflict, causing a rise in gold prices. Here's how this chain of events might unfold:
1. Invasion of Israel into Palestine:
If Israel were to launch a large-scale military invasion into Palestinian territories, it would likely draw significant international attention and condemnation.
This action would intensify tensions in the region and lead to a surge in violence, displacement of civilians, and potential casualties.
2. Iran's Involvement:
Iran has been a long-standing supporter of Palestinian causes, particularly through its support for groups like Hamas and Hezbollah.
If Israel's actions are perceived as a significant threat to Palestinian territories and civilians, Iran may feel compelled to intervene in the conflict to protect its interests and regional influence.
Iran could provide financial, military, and logistical support to Palestinian factions, escalating the conflict and potentially involving Iranian military forces.
3. Escalation of Regional Tensions:
The involvement of Iran in the conflict would escalate regional tensions and may lead to the activation of regional alliances and rivalries.
Israel's allies, including the United States, may respond with increased military and diplomatic support.
This could lead to a broader regional conflict, potentially involving other countries in the Middle East.
4. Market Uncertainty and Safe-Haven Demand:
Geopolitical instability and conflict in the Middle East tend to increase market uncertainty and risk aversion.
Investors often turn to safe-haven assets like gold during times of geopolitical turmoil, as gold is traditionally seen as a store of value and a hedge against economic instability.
The rising tensions in the Middle East, including the involvement of Iran, could lead to increased demand for gold, driving up its prices.
5. Impact on Gold Prices:
As investors seek refuge in safe-haven assets like gold, increased demand could cause gold prices to rise.
The extent of the price increase would depend on the severity of the conflict, the duration of the crisis, and the global response to the situation.
Gold prices can also be influenced by a variety of factors, including economic conditions, currency movements, and supply and demand dynamics.
It's important to note that this scenario is hypothetical, and the actual outcome of any such conflict and its impact on gold prices would depend on a wide range of complex and dynamic factors. Geopolitical events can indeed influence commodity prices, including gold, but predicting the extent of that impact is challenging.
Feel free to ask any questions,
Greetings,
Ziilllaatrades
NASDAQ 100 TRADE IDEANasdaq 100 ended the trading week on Friday with strong bearish candles after giving bullish candles at the open of the NY trade session and later retrace to the downside breaking the support zone. We should see more bearish move before the NY session today and later have strong bearish candle after price has taken resistance. Also the on going conflicts between two major countries should show a strong decline to stocks soon.
WTI/BRENT CORRECTION AHEADBrent futures rose by $4.89 (5.7%) to reach $90.89 per barrel, while U.S. West Texas Intermediate (WTI) crude increased by $4.78 (5.8%) to $87.69 per barrel, marking their most significant daily gains since April. Brent also saw a weekly rise of 7.5%, its largest since February, and WTI climbed 5.9% for the week.
Despite the Middle East conflict, global oil and gas supplies remain relatively unaffected since Israel isn't a major producer. However, market observers are monitoring the situation for potential regional supply impacts.
Residents in Gaza evacuated their homes after Israel ordered over a million people to leave the northern half of the territory within 24 hours, with Hamas advising against leaving.
Iran's Oil Minister, Javad Owji, predicted oil prices reaching $100 per barrel due to the Middle East situation.
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Gold Analysis of War impact.Upon research, here is the fundemental reasoning for my gold entries.
I have placed an order at 1853.5 I think gold has not given up with with the push down as of yet. And I feel asif theres further to go.
As far as the Israel and Palistine war is going:
USA seem to already putting there nose in, sending warships over etc. This is only fustrating Hamas. Theres no doubt Hamas will not win this, Israel has the backup of many countries including an ally of NATO although not officaly apart. Weve seen the spike of gold from massive reserves being sold off. Golds hovering around the 50-60 area. Whats interesting to me from reading, is that what Saudi have to say. We know Saudi are a very powerful, oil rich country with massive gold reserves too (323 ton they hold). If they get involved we may see alot of market movement. For the good or bad i can not comment.
Watch gold closely, probably better to look at trades before news is announced. But as this is war, and news is news, we cant predict.
Just to put in perspective, Saudi have more gold than Bolivia, Finland, Cambodia, Belarus, UAE and Argentina together. But are still only at 16 in the world for holdings.
If we look at Saudis oil reserves, they are No2 in the world. They’ve got 65.4 years of oil reserves stored,
And produce a whopping 10.85 million barrels per day.
That’s est. 1,725,150,000L per day.
Crazy figures.
Ill update this post with daily and weekly thoughts.
In summary, I feel the war unfortunatley has further to go. This is only the start. Could this pump or dump gold? ... Time will tell
Ethan