Enjoy your day... BoA ( Base on Analysis) It's show that CJpy will climbing till 103.xxx above due to Cad currency is reach stability on their money
Gold will move like my prediction for today or it will change the direction into bear temporary mood?
Fyi on long term of gold it's show bullish on weaken state. 2032 is a price @ zone that will make another shoulder phase maybe this pattern (HNS) will complete around 3-5 month before go / make higher price (ATH)
HNS pattern detected... so gold will bounce back to 2032 zone before making long sell
Base on trend movement right now Gold will rebound back to 2043 zone before continue it bearish after a long bullish take over the market...( Equilibrium Price Movement/Phase)
If gold breakout supply zone at price 2020 so it will go bullish till it reach 2050 (TP1) If gold can't breakout, it walk to down stair (bearish) till it reach strong demand zone at below price Advice: sell at higher price and buy it at lower price
After a while in a bullish mood right now is a time to recovery back (short bearish) before continue to open new ATH (All time high) in this 2023/2024 term due to Crisis that belong around a world (current economics situation). Stay tuned for my next analysis Best regard Junniesjaz
Trust the process Bearish mood onzzx due to influence of High pressure of Inflation and Liability more than Income ( Liability > Income/Capital = Market Drop). In the future the bank system will collapse due to continues rise of OPR. Right now people will not lend (Loan) with bank due to OPR is 4.75%. this will make bank cannot generate income from this and...
Federal Reserve Chairman Jerome Powell on Tuesday cautioned that interest rates are likely to head higher than central bank policymakers had expected. Citing data earlier this year showing that inflation has reversed the deceleration it showed in late 2022, the central bank leader warned of tighter monetary policy ahead to slow a growing economy. The Fed has...
According to Central Bank of US, The Fed's policy rate is now set to a range of 4.5 to 4.75 percent and will increase again till Q2. With this of set inflation will still going on and this will make Gold rise too. To reduce the inflation and control the currency, Gold is a option tool to make inflation being a stable for temporary. My prediction is Gold will rise...
On Lately the data economic like NFP, PCE index show that USD is on the right path to grow in a short n long period exactly this just a prediction.. tq :)
GOLD will going up according to plan expectation for today mybe just only gold wanna doing base before continues fly tomorrow
AUDCAD (Bullish) Reason : Double bottom + Divergence Awesome Oscillator Weekly (AO) For this pair my prediction is price action for AUDCAD will pullback (bullish) to create new higher high/ ATH