Ak_capitalist

Ak_capitalist

The gold market's daily supply continues its downward movement, seeking stronger demand at $2626, a key monthly demand candle formation zone. This level is likely to provide significant support Follow Akcapitals so as to hedge alongside the gold market.

Ak_capitalist

After hitting the mitigation level at $2660, the gold market is anticipated to experience a pullback, likely lasting until the close of the Asian session. This retracement could set the stage for potential entry points as the market consolidates and prepares for its next move. boost idea , comment , and follow for more insights

Ak_capitalist Updated 

Following structural supply mitigation around $2640 in response to the recent U.S. presidential election, gold prices are pushing towards the supply level in the $2690s. As the DXY strengthens, gold's upward momentum is expected to yield to further supply. Looking into the new week, there’s anticipation of an imbalance at the $2720 zone being addressed, while the...

Ak_capitalist

peradventure the supply holds then ... im bullish on Gold market

Ak_capitalist

Following a bearish retracement within the channel, gold has moved to mitigate support at the key $2700 level, aligning with the main bullish trend. The market is now poised for a breakout from this retracement channel to confirm a bullish continuation, especially as the DXY completes its bullish wedge. follow for more insight , comment , and boost idea

Ak_capitalist

The gold market has broken through its hedge channel, positioning itself to complete the move toward the $2750 range. This breakout could mark a significant directional shift as the price aims to secure momentum in this zone.

Ak_capitalist

Gold continues to seek supply mitigation around the $2750 level, signaling a key area where sellers may enter. This level remains crucial for the market's next direction, as price action around $2750 could either strengthen resistance or allow for further upward movement.boost , comment and follow for more insights

Ak_capitalist

Gold opened today at $2736 and is expected to pull back, aiming to seek supply within the daily supply zone from $2743 to $2753. The $2753 level stands out as a potential point of interest (POI), where further market reactions could shape the next move. comment ,boost & follow for more insights .

Ak_capitalist

The DXY market price approaches a critical wedge pattern completion, indicating potential breakout or reversal zones. Concurrently, gold demand strengthens, potentially positioning it to benefit from any downside movement in the DXY

Ak_capitalist

As gold prices reach the $2750 through the $2730 range, an imbalance has formed, prompting a daily pullback to seek additional supply support at2772. This correction phase could strengthen the market's foundation, setting up potential for renewed bullish momentum as the imbalance is addressed. follow for more insights .

Ak_capitalist Updated 

Gold is hovering at a record high of $2780 per ounce and is projected to seek stronger demand, testing the $2750 level. Meanwhile, with the DXY market plunging to complete its bullish wedge, gold may continue its upward momentum as it builds a new support base around $2750. follow for more insights , comment , and boost idea thanks

Ak_capitalist

Gold is positioned to make a supply sweep as it approaches the $2750 level, with potential downward moves to the $2743-$2738 range to secure demand. This demand zone could support a bullish move back above the $2750 mark, indicating strong momentum in the current trend.

Ak_capitalist Updated 

Gold tends to resume its bullish trend after breaking out of the 2680-2620 retracement channel. The key breakout level at 2640 Eyed as the poi in anticipation to be retested, so as to confirm the continuation of the uptrend, in line with Akc’ strategy.follow for more insights...comment and boost idea

Ak_capitalist

Overview With the rise of Bitcoin (BTC), the cryptocurrency market often experiences a correlated surge in altcoin prices, including Dogecoin (DOGE). As Bitcoin’s dominance increases, it has historically created bullish momentum for the broader altcoin market. For traders and investors, Dogecoin’s potential move towards the $0.20 price level presents both...

Ak_capitalist

Date: October 12, 2024 Strategy Framework: AKC Strategy DXY Overview The DXY is exhibiting a bullish cycle, sweeping liquidity and positioning for strength. However, a potential dip toward 95 is anticipated, signaling a shift in momentum. This level could trigger increased volatility and investor sentiment changes. Key Levels: Support at 95; Resistance at 100...

Ak_capitalist

More likely to take 19 points down ... weekly demand has to be mitigated as dxy strengthens follow for more insights

Ak_capitalist

Gold has swept through $2643 and is now set to mitigate the preliminary supply at $2653. Following this, the market is expected to continue its short movement towards the $2630s. Additionally, the upcoming unemployment claims data is likely to strengthen the USD, adding further pressure to gold's price. follow for more insights , comment for more and boost idea

Ak_capitalist Updated 

In lieu to💹trend analysis, gold make its moves on the bull projection... climbing along to the $2500/oz , which has been the prospect of all times high🎐 ,,,, but in lieu of 2nd quarter of the year, the next 3 month candle formation is yet to be formed in the next month (april )and it has been deciphered to be a pullback for the continuation of the buying...