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What up DOG? Dollar, Oil, Gold recap! What up DOG? I dunno, What up with you? Yes and which DOG is up?
Dollar OIL Gold. All in play for their own reasons. War on the Horizon or not, there are other factors contributing to confilcting momentum. Trust yourself and remeber it's all in the timing, tuning out distractions, and staying in touch with the momentum. Where's the heft? The harumpf? Where's the catalyst coming from and heading to driving price duing hours of high liquidity.
atm
dollar 96.06
oil 93.43
gold 1899
i think dollar is bullis given the impending rate hike, crypto winter, indice bear market, and global status for what looks like one last breathe.
i think oil is bullis cause it wants a hundo. it just want that 100 number like a big mac attack.
i think gold is bearish short term before continuing higher. does that mean i wish i hung on to my short overnight instead of taking profits possibly early? yes. I think gold could dump more overnight, or london, or early early tomorrow and then get its' groove on Hump Day. I could be so wrong.
Leave a comment if you are trading DOLLAR OIL GOLD today this week? 2/22/2022
cheers!
OIL reversingOil still on a bullish channel, but always when touched the resistance LTA trendline, was rejected.
We can expect now a visit to the base of the channel or if broke the support of the channel, we expect the possibilitie to visit the 61,80% fibo, 74.555.
MTFP turnpoint is 89.59. Bellow this we will expect a continuation of a bearish momentum.
Targets on Chart.
Be carefull, patient and discipline.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Good trades to All.
WTIUSD remains bullish next week.From a fundamental point of view.
The CPI in the United States continued to rise, and the prices of various commodities continued to rise. This is the current basic situation.
So I think WIT will continue to be bullish.
From a technical point of view.
WTIUSD remains in an ascending channel with higher highs.
Judging from the kdj indicator, it is still in an upward trend.
So I think WIT will continue to be bullish next week.
In the short term, 9200 is its support and its resistance is at 9500
So I think, next week I will continue to be bullish. FOREXCOM:WTIUSD
XAUUSD BEARISH THIS WEEKwe are hoping for gold to reach 1784 from 1812.00 as it already reached its previous point of 1815.00 and our last point for it to go for bullish was till 1821 but unexpectedly it did not reach that point and made buyers lose confidence so we are hoping for it go to bearish from 1812.24 so traders who are into sell position hold it and also who wants to enter trade in XAU/USD can jump into sell position from here
THANKYOU
YEARN
GOLD movement for coming days gold had reached 1807.74 this is the point from where it can go towards bearish now we are hoping to sell it till 1798 to 1795 at least then we will be buying the gold from 1797 till 1819 to 1821 and the maximum it can go is like 11823 from there we will be resuming the gold movement for the bearish till 1780 to 1770
USD/JPY BEARISH FOR SHORT TERMHY TRADERS
USD/JPY has reached the period of maturity and will now follow the path of bearish from the point of 114.04 till 113.60 so it will be like 52 pips from this point so traders who are into USD/JPY hopefully you will profit from this particular trade
THANKYOU
YEARNCO
USDWTI D1 - Bullish SetupUSDWTI D1
Change of bias again on WTI, we didn't manage to close south of resistance last week, 5th bullish weekly candle seen.
Additionally, the daily candle looks like a solid break and retest play with a nice daily wick rejection. I feel we could start to rally towards that $90/barrel price in the near future.