Market StructureHigh Timeframe Overview (Weekly)Gold appears to be trading within a bearish retracement phase, but key bullish order blocks remain intact, hinting at potential demand zones.Key Resistance Zones:$2,718.72: Major unmitigated supply zone.$2,704.09: Strong supply level likely to attract sell-side liquidity.Key Support Zones:$2,611.99: Unmitigated...
Macroeconomic Cross-Analysis: 1. Global Oil Supply Dynamics OPEC+ Production Decisions: Production Cuts: If OPEC+ continues or deepens production cuts, expect a bullish reaction in WTI prices. This would align with the bullish OB zone at $69.16–$71.83, acting as a strong support and entry zone for a potential rebound. Output Increases: If OPEC+ decides to...
Analysis of XRP/USDT Chart: Key Observations: Current Trend: The chart shows a retracement phase after a significant rally, consolidating within a range between $2.00–$2.40. Lower highs and retests of order blocks suggest cautious bullish sentiment, with potential for further downside before continuation. Key Technical Zones: Bullish Order Block (OB): Around...
Just Keeping it simple for DXY and its up to FED now! If they will keep the cut rate gradual and not abrupt we might see this play out. The last FOMC was just a touch or test on the water.
XRP Harmonic Pattern - Sell Entry Possible Correction and New Ascending Wave
Stay with the Targets and Zones. All TA is subject to change without prior notice, this is only a guide and not a signal
Possible Buy Zone and TP on the next Buy Zone. Big Move expected on Thursday FOMC. Might not or depends if it will relate. Disclaimer: All the information made available here is generally provided to serve as an example only, without obligation and without specific recommendations for action. Analysis is subject to change at any time without notice, this is...
The Aug Last week TA is still working and possibly will do another Up side once.
All analysis is subject to change, do not trade with your life savings.