Gold has broken all the resistance zones due to the current financial issue in the banks of SVB FED might pause or increase 0.25 Bps so probably Gold will record all time high
Fundamental Point of View based on the upcoming news we will be waiting for very big move this week. 1. On Tuesday, CPI will be released which makes the market too much volatile. CPI higher than expected will be bearish for Gold 2. On Wednesday and Thursday the "Retail Sales" & "Initial Jobless Claims" 3. Friday Michigan Consumer Sentiment All of these will...
Fundamental Point of View based on the upcoming news we will be waiting for very big move this week. 1. On Tuesday, CPI will be released which makes the market too much volatile. CPI higher than expected will be bearish for Gold 2. On Wednesday and Thursday the "Retail Sales" & "Initial Jobless Claims" 3. Friday Michigan Consumer Sentiment All of these will...
For the past three months EURCAD is trying to record new high but there is a HUGE resistance so there is a high probability that EURCAD will do a very big retracement - 800 pips. we have 2 zones of entries with very small risks compare to the Targets
The previous analysis was 99% accurate. This time with the same scenario I hope we can hit ALL the targets I think the selling pressure will not stop until Gold hit 1787.
Last Fibonacci zone 0.718 (on monthly chart) is 1973 the last order block is 1958 the void is between 1958 - 1973-- This is a SELL ZONE. three targets are on the way.. 1897 1870 1834
Based on Technical analysis. The Crude Oil is on a STRONG monthly Support. which is too hard to break it. It has hit the zone already, zone starts from $72 - and ends $70 - very tight zone. Whenever there is a retracement we can enter BUY and our TPs are as follow TP1. 78 USD TP2. 83 USD TP3. 94 USD ( we need fundamental support to achieve this target) - ITS...
Gold is at a very strong resistance which makes the Gold to retrace 1. 1720 is a price which needs to be retested again 2. Triple bottom has been made. 3. 1771 is the weekly order block 1785 is a daily order block 4. 1680 will act as the biggest support zone 5. 1797 is the best price to Sell with minimum risk
FED will remain Hawkish in Nov and December Gold should come back to 1545 before end of 2022 Sell Short in 1705
USDCAD has been rising for a long time even though CAD is Hawkish same as USD so I'm expecting a huge fall down soon. we have multiple entry points 1.3872 first entry point 1.3898 second if these two entries hit SL, The best price to enter is 1.4080 Targets are wide TP1. = 1.35 Tp2= 1.3450 TP3 = 1.32 is MUST
USDJPY is going to hit the Ceiling. There must a be a trend reverse volume in that are the zone is 150 - 152
Above 1983/1973------------- Targets are 1998 / 2032 Below 1983/1973 -------- Targets are, 1940/ 1920 / 1878 / 1854
There is a huge resistance in front of Gold (1980 - 1990 ) which probably make the Gold Bearish as soon as price approaches it. The interest rate decision might be a good fundamental to make this happen
- You can sell now until the TP.. - You can BUY once the price hit the TP
Please use STOP LOSS to put BUY limit orders in three points and wait for three TPs
There are three zones of retracements in each you can sell put stop loss to each of them in 1.8850 there are three TPs
Price below 1.3400- 1.3440 will be bearish price above 1.3190-1.3160 will rise
- below 1.29 - 1.2865 it's bearish but when it breaks it, it will rise until 1.3100 below 1.3100 -1.3140 its bearish above- 1.26125 -1.2575 it STRONG bullish