Youngking22

Youngking22

XAUUSD has finally broken through the monthly range of 2,014.80, which was tested three times before surging to a new all-time high for March 2024. It continues to ascend towards the 2,746.16 area of interest. This current period marks uncharted territory for XAUUSD.

Youngking22 Updated 

Following the release of the CPI data on Thursday, July 11th at 7:30 AM EST, XAUUSD surged to 2,418.28. However, it failed to break the high of the Thursday bull run and subsequently rejected at 2,418.28. Currently, it is heading towards the 2,404.91 zone. Given the overall bullish sentiment of XAUUSD, I anticipate an aggressive break of this area, potentially...

Youngking22 Updated 

While the overall trend for XAU/USD remains bullish, I am specifically anticipating a retracement to the 2,370.32 zone before resuming its upward momentum.

Youngking22 Updated 

Bitcoin's recent foray into testing the formidable monthly high of 69044.50, briefly surging to touch 7000 before retracing, underscores a pivotal juncture in its trajectory. Bolstered by compelling bullish signals across both monthly and daily timeframes, the cryptocurrency landscape brims with anticipation. Foreseeably, Bitcoin appears poised to decisively...

Youngking22

The US30 has undergone two retests of the 38937.69 level before experiencing a rejection towards the Fibonacci level of 38791.60. Currently, my analysis suggests a potential retest of the 38937.69 high, forming what could be interpreted as a triple top pattern. Subsequently, I anticipate bearish market entry, leading to a break below the 38791.60 Fibonacci level...

Youngking22 Updated 

Since the onset of the middle easte conflict in October 2023, gold prices surged to an unprecedented high of 2134.85. Subsequently, gold embarked on an upward trajectory, retracing to key levels around 2006.15 and 1932.10, with 2006.15 emerging as a pivotal point. Noteworthy instances include price rejections to the downside on October 30, 2023, and reversals to...

Youngking22 Updated 

GJ initiated a downward move, breaching the previous day's low at 190.358, but this proved to be a deceptive maneuver, as the bearish sentiment faltered. Instead, the market exhibited resilience, embarking on an upward retracement. Anticipating a bullish resurgence, attention is drawn to GJ's rebound from the key Fibonacci retracement level of 190.599. The...

Youngking22 Updated 

GBP/JPY recently showcased an impressive performance. After a robust rejection from the previous day's low at 190.358, GBP/JPY surged beyond the critical Fibonacci level of 190.741, setting the stage for a potential bullish breakout. The anticipation mounts as market watchers eye another thrilling move: a potential surge past the daily high of 191.122. Should a...

Youngking22 Updated 

Resistance 18021.01 18011.66 Fib .50 level 17952.70 Support 17889.42 17883.67 Profit Target 17798.82 NAS100 rejected from the 18021.01 zone and proceeded to range in the 17952.70 Fibonacci area. Anticipating a push to the downside, breaking the 17883.67 level of the daily low, followed by a retracement to the 17889.42 zone to gain momentum for a further push...

Youngking22 Updated 

Resistance 18097.01 18092.92 Fib .50 level 17998.84 Support 17919.08 17900.67 Point of interest 18220.75 17777.96 Waiting to see if NAS100 breaks either daily high or low. After break and closure of the high or low an entry is going to be initiated using the fib level to determine point of exit.

Youngking22 Updated 

Resistance 163.209 163.180 Fib .50 level 162.946 Support 162.705 162.688 Profit Target 163.537 EURJPY experienced a strong rejection from the Fibonacci level of 162.946 and then broke below the previous day's low of 162.688. An entry has been initiated with the expectation that the price will continue to move towards the profit target of 163.537.

Youngking22 Updated 

Resistance 1.27010 1.26990 Fib .50 level 1.26747 Support 1.26498 1.26488 Point of interest 1.27329 1.26169 Waiting to see if GBP/USD breaks either daily high or low. After break and closure of the high or low an entry is going to be initiated using the fib level to determine point of exit.

Youngking22 Updated 

Resistance 163.209 163.180 Fib .50 level 162.946 Support 162.705 162.688 Profit Target 163.537 EUR/JPY has experienced a rejection from the 162.688 zone and is currently ranging in the 162.946 Fibonacci area. The next potential move is anticipated to be a push to the upside, with a target of breaking the 162.946 level and reaching the daily high of 163.209....

Youngking22

Resistance 191.143 191.098 Fib .50 level 190.772 Support 190.416 190.396 Point of interest 189.930 191.614 Waiting to see if Gj breaks either daily high or low. After break and closure of the high or low an entry is going to be initiated using the fib level to determine point of exit.

Youngking22

Resistance 39304.54 39285.77 Fib .50 level 39176.04 Support 39059.09 39046.09 Point of interest 39461.91 38891.61 Waiting to see if US30 breaks either daily high or low. After break and closure of the high or low an entry is going to be initiated using the fib level to determine point of exit.

Youngking22 Updated 

Resistane 2034.91 2033.99 Support 2020.88 2019.59 Fib .50 level 2027.25 Point of Interet 2044.24 BUll 2010.17 BEARS Waiting on GOlD to break the daily high or daily low so that I will be able to take an entry. I use the the FIB .50 level to determine TP.

Youngking22 Updated 

Resistane 190.845 190.802 Support 189.931 189.812 Fib .50 level 190.324 Point of Interet 191.478 BUll 189.184 BEARS Waiting on GJ to break the daily high or daily low so that I will be able to take an entry. I use the the FIB .50 level to determine TP.

Youngking22 Updated 

Resistane 2032.28 2031.65 Support 2021.94 2020.04 Fib .50 level 2026.13 Point of Interest 2039.65 2012.62 Waiting on GOLD to break the daily high or daily low so that I will be able to take an entry. I use the the FIB .50 level to determine TP.