GoldenEdge

GoldenEdge Updated 

Good buying action between 2605 and 2035. Buyers are consolidating in this zone. I am looking to go long once it breaks above 2627, with a stop loss at 2580, targeting 2720 and above 2780. PEPPERSTONE:XAUUSD OANDA:XAUUSD COMEX:GC1!

GoldenEdge

EUR/USD Forex Analysis The Euro (EUR) has been losing ground against the U.S. Dollar (USD), which continues to strengthen. Robust U.S. economic data and aggressive Federal Reserve rate hikes have kept the USD on solid footing, putting the Euro under pressure. Key Challenges for the Euro Weak Eurozone Growth - High inflation, rising borrowing costs, and shaky...

GoldenEdge Updated 

The market experienced two consecutive days of selloff following the FOMC Chairman Powell's rate announcement. This reaction is reflective of heightened uncertainty and bearish sentiment immediately after the announcement. However, today marked a shift in momentum as the price finally stabilized, signaling potential exhaustion of the selling pressure. Buyers have...

GoldenEdge Updated 

Good day, traders. A significant buy zone for large institutional traders lies between 20 and 40, aligning with the prior 9-day consolidation period before the breakout above 2665. Analysis Details: The 20-40 range reflects strong accumulation by major players, supported by increased volume and reduced volatility during consolidation. The breakout above 2665...

GoldenEdge Updated 

Gold prices are approaching a key resistance zone, with levels around 2720 and 2740 acting as crucial points to watch. This comes amid rising uncertainty in the global financial markets, where investors are closely monitoring the actions of President-elect Donald Trump and the ongoing impact of President Biden’s policies. The political landscape remains...

GoldenEdge Updated 

Hi all, This is my first post on TradingView. I’m here to share my thoughts on market movements. I’m still a student of the market (and always will be), and I look forward to learning from the experienced traders out there. BRICS dollarization isn't going anywhere, as the group disagreed on using a single country’s currency. The dollar strengthened after...

GoldenEdge Updated 

Good day to all, Recent market movements in the DOW and SPY have demonstrated a sharp upward trend without any significant pullbacks. This deviation from typical market behavior suggests the possibility of artificial manipulation rather than organic growth. One major contributing factor appears to be the Federal Reserve's aggressive rate-cutting policies. By...