Gold Intraday Analysis: Targeting 2585.00 Pivot Point: 2545.00 Primary Strategy (My Preference): Consider initiating long positions above the key pivot of 2545.00. Upside targets include 2585.00 as the initial level, followed by an extended move towards 2600.00. Alternative: In the event the price drops below 2545.00, anticipate further downside pressure with...
Gold Intraday Analysis: Targeting 2536.00 Pivot Point: 2501.00 Primary Strategy (Our Preference): Consider initiating long positions above the key pivot of 2501.00. Upside targets include 2528.00 as the initial level, followed by an extended move towards 2536.00. Alternative Scenario: In the event the price drops below 2501.00, anticipate further downside...
Dollar Index (ICE): Potential decline of 1780 to 3280 pips. Pivot: 101.6000 Preferred strategy: Enter short positions below 101.6000, targeting 101.1500 and an extended target at 101.0000. This indicates a bearish outlook as long as the price stays below the pivot level. Alternative scenario: If the price rises above 101.6000, look for further upside with...
Gold Intraday: Expecting continued upward momentum. Pivot: 2501.00 Preferred strategy: Initiate long positions above 2501.00, with short-term targets at 2529.00 and an extended target at 2540.00. This suggests a potential continuation of the bullish trend as long as the price remains above the pivot level. Alternative: If the price breaks below 2501.00, further...
EUR/USD Intraday: Under Pressure Pivot: 1.1060 Preferred Strategy: Sell below 1.1060, targeting 1.1010 and 1.0990 on extension. Alternative Scenario: If the price moves above 1.1060, expect further upside with targets at 1.1075 and 1.1090. As long as 1.1060 acts as resistance, expect choppy price action with a bearish bias.
Gold Intraday: Support Around 2494.00 Pivot: 2494.00 Preferred Strategy: Buy above 2494.00, targeting 2518.00 and 2529.00 on extension. Alternative Scenario: If the price falls below 2494.00, expect further downside with targets at 2485.00 and 2479.00. While some consolidation may continue, its scope is likely to remain limited.
EUR/USD Intraday: Key Level at 1.1065 Pivot: 1.1100 Preferred Strategy: Sell positions below 1.1100, targeting 1.1065 and 1.1045 on extension. Alternative Scenario: If the price breaks above 1.1100, look for further gains with targets at 1.1120 and 1.1135. Comment: A break below 1.1065 would likely lead to a drop towards 1.1045.
Gold Intraday: Downside Dominates Pivot: 2512.00 Preferred Strategy: Sell below 2512.00, targeting 2485.00 and 2478.00 on extension. Alternative Scenario: If the price breaks above 2512.00, expect further upside with targets at 2519.00 and 2529.00. Comment: The RSI is showing mixed signals, leaning bearish.
Gold Intraday: Upward trend dominates. Pivot Point: 2504.00 Preferred strategy: Go long above 2504.00, targeting 2528.00 and 2535.00 in extension. Alternative strategy: If the price falls below 2504.00, expect further downside with targets at 2497.00 and 2491.00. Commentary: RSI signals potential for a new upward move. charivapa.com
Scalp the retracement. TP 1 at 2510 TP 2 at 2508 SL at 2518
TP 1 at 2522 TP 2 at 2526 SL at 2512 Disclaimers apply. Educational purpose only. Trade at your own risk.
Waiting for the confirmation to enter a sell position in EURJPY once it breaks below.