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Dow Jones Index Cash CFD (USD) forum

4 hours ago

As Gold approaches resistance at its all-time high (ATH) and the upper trendline of the channel, we observe a tapering of the volume delta into negative territory, indicating potential rejection at these levels. Key support zones for the anticipated retracement are identified around the 2750 and 2720 levels.

Analyzing the cumulative delta, we see that volume has begun to taper off in these regions, aligning with typical retracement periods. Patience is essential in navigating these market conditions, and we will provide buy signals when appropriate opportunities arise. Additionally, a 30-minute market structure shift (MSS) to bearish has been confirmed in Gold, marking the beginning of the retracement. For those looking to trade this bearish move, a potential entry is at the 2773 level, with a stop-loss (SL) set at 2788 and a take-profit (TP) target at 2750.

At EliteMarketAnalysis, transparency is paramount. Our ideas and insights are fully visible for everyone to review, as we post our analysis and strategies well before market moves occur. Unlike many providers who only share screenshots of completed trades or entries after the fact, we document our ideas 100%, ensuring that you can follow the full thought process behind our trades.

We do not operate any signal groups. Instead, we focus on providing in-depth, actionable analysis across indices, currencies, and commodities. Our track record includes significant gains on assets such as GBPJPY, NASDAQ 100, NATGAS, and more, generating thousands of pips for our followers. For example, we recently called a Gold buy at 2631, a large swing move to target of 3200. Last week, we successfully identified a small retracement short, and this week we are forecasting another retracement short before a potential buy opportunity arises.

We are committed to delivering thorough analysis, documenting all relevant data and insights to keep you informed and add value to your trading decisions. Avoid following individuals who only provide entry points and disappear when stop-losses hit. Instead, stay informed and empowered by following our comprehensive market analysis.

We will be also moving to Crypto now so be ready for that!

12 hours ago

Since the 2008 and 2020 rounds of QE in different forms, we predict the S&P 500 could surpass 10,000 points as early as 2028 or by the end of 2029 at the latest. Any major volatility along the way will just be a great opportunity for us to add to our long term positions 📈

20 hours ago

it's my opinion US30 down to earth Soon on 4100

2 days ago

Fed will likely hold its current interest rate but will the market like or dislike this news? Interesting week ahead

2 days ago

yes monday a new day one account big L other account big w but the big l was bigger today 27 trading Days 2 big losses I know it Will push up like always