ArArgon

ArArgon

Bulls are in control. Bear unable to bring price down any further. If price is failing to drop then demand is taking it up.

ArArgon

Outlook: Despite the bearish candle close on the monthly chart, which many market players are speculating about, BTC bulls are gathering their forces. When an unexpected event occurs, the reaction is amplified. However, volatility will remain high, and taking profits is the habit of the winners. Technical: the orange horizontal lines represent equilibrium...

ArArgon

Oil future price still in search for a bottom. currently in a trading range characterised by bull traps. look to take pull-back into 21.03 after clear break.

ArArgon

DXY index Analysis: Macro-> over-bought market fake-breakout from 95 to 103, initiated by a bear trap, following a consolidating range. Micro->price traded towards 103 into monthly resistance. back to bearish downwards channel. Sell setup: entry at 101 stops at 101.91 1st target 100 2nd target 99 3rd target 98.50

ArArgon

DXY index Analysis: Macro-> over-bought market fake-breakout from 95 to 103, initiated by a bear trap, following a consolidating range. Micro->price traded towards 103 into monthly resistance. back to bearish downwards channel. Sell setup: entry at 101 stops at 101.91 1st target 100 2nd target 99 3rd target 98.50

ArArgon

RSI broke resistance and buyers stepping in. Selling red arrows and buying green arrows.

ArArgon

RSI leaning bearish. Selling the red arrows and buying the green arrows.

ArArgon

price action analysis

ArArgon

Weekly chart, P.A suggest rejection into monthly resistance. 2 inverted hammers on above average volume. daily chart, RSI broke major 60 days support. Also price below a defining trend line indicating bears taking control. 240min chart, broke a 3 day trend-line and closed below weekly resistance. bears in control. 60min chart, suggest sell upon break of 1486.7 and...

ArArgon

daily chart P.A suggest sellers are into the market, reflected by rising volume on the rejection into resistance. 240min chart RSI suggest bullish divergence, which already reacted to RSI resistance. 60min chart S/R suggest look to join the sellers upon the break of 2993-2990. if it holds then bulls will go for another run up.

ArArgon

1524 is a key number for this week. Weekly candle close above indicates the bulls are still eager and correction will be short lived. Weekly candle close below indicates supply is stepping in and a correction all the way down to the 1460 would be expected. All in all Gold is in a strong bull market. a fundamental catalyst of reduced economic uncertainity would be...

ArArgon

5% weekly wick in the U.S index is the manifestation of pure evil in financial markets :D

ArArgon

Bulls are losing control and Daily resistance is holding strong. Breaking and close below the green trend-line signals bears got the wheel back.

ArArgon

Safe haven yen is seeing some serious demand in a hurry indicating for any reason or another global uncertainty is picking up momentum. for big firms the yen is a 'safer' haven than is gold.

ArArgon

Buy the bullion bam bam bam.

ArArgon

overall chart analysis indicates that at least a strong pullback will take place in the coming week

ArArgon

looking to buy gold pullback at 1434.4 upon price action confirmation

ArArgon

2983 entry, 2981 stop, targeting 3000 and above. R/R 10+:1 crystal marble.