LegendaryTom

LegendaryTom Updated 

OANDA:GBPJPY pair has been in a strong bullish trend, reaching higher levels. However, the current price action suggests a potential reversal. Target: 195.538 Traders can consider selling opportunities at the current level, targeting the first support level at 195.538. Please mind your money management 🙏 Please support my work by like / boost and comment...

LegendaryTom

As we ananlysed BTCUSD will drop down to 94k and it went and we also told this if it drops more then we will get 800pips now we can here BINANCE:BTCUSDT now it is to fly again from support zone 95k we wanna try for longg in btcusd if it breaks the support zone then our setup failed then ready to drop to 85k to 80k always trade smarter use money management...

LegendaryTom

Gold is on the buying trend we want to run with trend our target is 2650 there saw a breakout around 2614 next move in gold markets is possible to reach the price to 2650 Always trade smarter Best wishes Tom 😎

LegendaryTom Updated 

BTCUSD flyed high yesterday now its at resistance level we try for sell from here at our target will be 300pips if it breaks the support level at 95000 then our target will be 800pips stay grouped with us please support my work by like / boost and tell me your thoughts in comments Best wishes Tom 😎

LegendaryTom

Gold Price Analysis: Buying Opportunity Arises! The gold price is consolidating below $2,600, nearing a one-month low. However, with the Fed's cautious policy easing, a potential buying opportunity arises. We've identified two potential trading opportunities in the gold market: SELL Opportunity Sell Gold at: 2652 Target: 2610 Stoploss: 2660 BUY Opportunity Buy...

LegendaryTom Updated 

A breakout above the upper trend line has been confirmed, indicating a potential continuation of the uptrend. This bullish development suggests that buyers are regaining control, and a further price increase is possible. Key resistance levels will be closely watched for potential pullbacks. As we approach Christmas and the New Year, market volatility may increase...

LegendaryTom

Despite recent declines, gold's long-term outlook remains bullish. Several factors support a potential price increase: - Inflationary pressures: Gold is a proven hedge against inflation. - Geopolitical uncertainty: Gold is a safe-haven asset during economic and political turmoil. - Central bank demand: Increasing gold reserves by central banks supports demand. -...

LegendaryTom

GBP/JPY H1 Technical Analysis: Uptrend Continues! The GBP/JPY pair remains in a strong uptrend on the 1-hour chart, with higher highs and higher lows. Key technical indicators support further upside: Trendline: Intact and upward-sloping Moving Averages: Bullish alignment (50MA > 200MA) Momentum: RSI in bullish territory (above 50) Target: 200.500 Stay...

LegendaryTom

GOLD (XAU/USD) Technical Analysis: A Bearish Flag pattern has emerged in Gold, following a breakdown from a Triangle formation. This indicates a potential reversal of the recent uptrend, with a possible continuation of the downtrend. Key support levels are being closely watched, and a break below could confirm the bearish bias. Best Wishes Tom 😎

LegendaryTom Updated 

BTC/USD: Selling Opportunity Emerges A prime selling opportunity has arisen in the BTC/USD market. The recent breakdown of the rising wedge pattern has confirmed a bearish trend reversal. Key Points: - Rising wedge breakdown confirms bearish trend reversal - Support levels breached, validating the downtrend - Potential target at $95,000 - Selling opportunity...

LegendaryTom

EUR/USD Outlook: Bullish The EUR/USD pair is exhibiting a bullish outlook, with indicators suggesting a potential upward trend. A breakout above the resistance level could further accelerate the rally. Best wishes Tom 😎

LegendaryTom Updated 

BTC/USD is currently on a sell signal. The price has reached 104,600 and is expected to continue its downward momentum towards the target of 100,000. A stop loss has been set at 106,530 to manage potential losses. The initial sell signal was triggered at 107,302. Expecting price to reach the target of 100,000 while maintaining a stop loss at 106,530. Best Wishes Tom 😎

LegendaryTom Updated 

ETH/USD: Sell Signal Price is currently between the trend lines, a small bounce is expected before a bigger drop. Key Levels: - Entry: NOW (Current Market Price) - Stop Loss: Above the resistance line - Take Profit: 300 pips (Lower trend line) My prediction: Expecting a break of the support line. Sell opportunity. Best Wishes Tom 😎

LegendaryTom Updated 

XAU/USD Analysis (Timeframe: To be determined): Bearish Trend Continues A strong bearish trend has been identified on the XAU/USD chart, indicating a potential continuation of the downward momentum. Key Levels: - Resistance 1: 1765 - Resistance 2: 2678 - Support 1: 2640 - Support 2: 2633 - Support 3: 2624 Recommendation: Consider short positions or bearish...

LegendaryTom Updated 

USOIL: BEARISH TREND Price has been rising but a gap has been identified. Expecting a reversal and sell opportunity. Price is due for a correction and sellers are expected to take control. Key Levels: - Entry: NOW (70.70) - Stop Loss: (71.46) - Take Profit: (68.00) Linear Regression Channel: - Upper band: Resistance - Lower band: Support - Median line: Trend...

LegendaryTom Updated 

GOLD: Sideways Trend Persists Ahead of Fed Decision Gold price is currently trading in a sideways trend, struggling to find direction ahead of the Federal Reserve's policy announcement. The precious metal is caught between the 21-day Simple Moving Average (SMA) support at $2,655 and the 50-day SMA resistance at $2,671. Traders are adjusting their USD positions...

LegendaryTom Updated 

BTC/USD: Rising Wedge Breakdown Confirms Bearish Trend A rising wedge pattern had formed on the BTC/USD chart, but it has now broken down, confirming a bearish trend. The breakdown suggests a potential reversal of the recent uptrend, with a falling market likely to follow. Key Points: - Rising wedge breakdown indicates a bearish trend reversal - Support levels...

LegendaryTom

gold selling from previous 3 4 days now its still wants to down but it will fly the H4 support the main support after that our target will be 2720 Best wishes Tom 😎