Sober_Trading

Sober_Trading

There is no significant news in the market today, and gold is at the lower end of the trading range. I anticipate that XAUUSD will rise to at least the top of the trading range.

Sober_Trading Updated 

The gold price is nearing the demand and break-even zone, leading to sellers closing their positions and buyers entering the market. Just do it

Sober_Trading Updated 

Are you ready for a new week of trading? Let's delve into the analysis of GOLD (XAUUSD) using the 4-hour chart and assess our expectations for the upcoming period. The current price action of XAUUSD is exhibiting several signs that suggest another downward movement in the beginning of this week, possibly leading the price to reach the bottom of the trading range...

Sober_Trading Updated 

XAUUSD has encountered resistance around the $1942 zone, and despite seller pressure, it has not breached this level. As a result, we can consider taking a buy position temporarily.

Sober_Trading Updated 

Nothing to say, this is my sell setup, just do it.

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Is BTC Headed for Another Fall? Understanding the Underlying Factors In this analysis, we will explore the current market situation of BTC and the potential for another price decline. As a trader, it's essential to analyze various factors that may influence the price movement. We'll delve into technical analysis and market trends to provide you with a...

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The BTC price has still remained within a trading range, and the possibility of the price rising is higher in these areas. Recognizing the market cycle is the foremost crucial aspect in financial markets.

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The EURUSD index had been in a trading range and crossed the resistance zone but couldn't rise a lot, and all these signs show us the selling pressure. As a result, the price can have a considerable pullback.

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Based on my analysis, I anticipate the index to sustain its upward momentum towards the determined resistance zone. However, it's essential to remain cautious as signs indicate a potential recession on the horizon, which might limit the likelihood of reaching new highs. Furthermore, it's worth noting that the index recently experienced a picture-perfect pullback...

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The price couldn't sustain over the resistance zone, showing the selling pressure. The BTC price is in a descending channel, and the selling pressure is high enough to make another falling leg.

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Smart money changed the direction. The momentum of the rise wasn't an effect of the news, and this momentum continued over the day. As a result, we expect this bullish movement will continue.

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The Bitcoin price is in the perfect trading range, which we expect to fall and touch the bottom.

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The uptrend line support and the demand zone are too weak to stop the PEPE price from falling, and if the price crosses these supports, it will drop more than 40% from the last pivot.

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The last buy leg was quite weak, and after that, the price had a considerable fall, so we expect the gold price to fall more for the next few days and trade under $2000 this week. Although there are several bullish signs in the higher time frames, in the 1H chart and lower time frames, the price can fall more, As a result, we will be cautious about buying...

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The gold price is in the trading range (TR) - symmetric wedge, which means the price will swing between the support trend line and the resistance one. (1H - timeframe) On the other hand, in the 4H - timeframe chart, the gold price is at the bottom of the upward channel, and as a result, there is more possibility of which price will break the resistance zone and...

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This selling pressure is entirely trustable for entering short. This bearish leg is more powerful than the last bullish leg and shows this correction will be continued. For the sell target, we have three important zones in which we can check price signs on that targets.

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Let's predict the Gold price for the next week. After a bullish spike from 1800, we have had an up-trending channel that can continue to rise at least to the all-time high zone This fall is just a bearish leg in the channel and doesn't change our expectation of rising.

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You will gain a lot when you comprehend market cycles. After a bullish spike, Bitcoin price had an ascending channel, and finally, the price made a trading range, which caused we opened long positions yesterday. As a result, probably the trading range will push the price down, but there is a possibility that we have a fake break out from the top at first.