nikdobii

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Overview: Gold and silver have performed remarkablely in 2024, emerging as the two best-performing assets of the year. Precious metals often serve as safe-haven assets during times of economic uncertainty, and this year has proven no exception. Investors have flocked to them as hedges against inflation and market volatility, helping to drive their values...

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Simple Trading - Expanding Wedge pattern Gold has broken above the expanding wedge and is now pushing for its target (2615). Expect gold to continue to the previous High (2600) and make a higher high. If the Expanding Wedge pattern plays out correctly, 2615 should be the next target. Keep in mind that there is strong resistance at the 2600 price level. Expect...

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Simple Trading - Triangle pattern Gold has broken from its bullish momentum and is now finding support in the triangle around 2505. Expect gold to continue to the previous low and make higher lows around 2490. If the Triangle pattern plays out correctly, the Price will break bullish above the recent highs and continue to the target. Keep in mind that 2 or more...

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Simple trading - Triple top Gold has managed to resist 2500 three times. Unable to break above 2475...Gold has broken from its bullish momentum. Expect gold to continue to the previous low and make Lower lows. *These are my thoughts, not financial advice.

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Simple Trading - Head and Shoulders pattern -PLEASE READ BELOW- Gold has broken from its bullish momentum and is now finding support at 2350. Expect gold to continue to the previous low and make Lower lows. If the Head and Shoulders pattern plays out correctly, 2400 should be the Highest gold goes before reaching the target. Keep in mind that 2 or more candles...

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Simple Trading - Cup and Handle pattern Gold has made a break from its bullish momentum and is now finding support at 2380. Expect gold to continue to reject the previous low and continue to make higher lows. If the Cup and Handle pattern plays out correctly, 2380 should be the lowest gold should go before reaching TP1. How to trade the pattern: Entry 1 is the...

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Simple trading - Consolidation Let's take advantage of a potential Weekly swing! Below is the weekly chart showing a potential zone for the price to bounce back and forth between the monthly highs and lows. EURUSD has already poked above the previous week's high. wait for the price to pull back and test the PWH and we can sell confidently with strong bearish...

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Simple Trading - Head and shoudlers Gold is still consolidating between 2350-2370. Expect gold to continue the range and let's take advantage of the sideways market. Has new 2350 become new support?? If gold manages to stay above this price, look to buy gold to 2415. (this should be the daily "W" pattern target) - see previous daily chart below. *These are...

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Simple Trading - "W" Pattern Gold has made its way back to 2390. Gold will be looking to retest 2350-2360 to confirm new support. If gold manages to stay above this price, look to buy gold top 2415. (this should be the daily "W" pattern target) *These are just my thoughts, not financial advice.

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Simple trading - Trend breakout BULLS: No more bearish liquidity on the intraday timeframes. With new higher highs, Gold may have enough momentum to head towards 2330 and remain above the 2340 price. CPI Report came back negative which may allow gold to maintain above the previous support 2310-15. BEARS: Gold has NOT completely rejected the 4-hour HEADS and...

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Simple Trading - Head and shoulders It doesn't get more simple than this. Pay attention to the pattern. With a Strong USD, Gold can finally take a break, make some moves to the downside, and retest some support zones. Gold is about to make a HUGE move to the downside if the price can not hold above 2325. Look to SELL NOW! Price is at the bottom of the...

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Simple trading - Bearish Pattern 1: Slanted Head and shoulders Bullish Pattern 2: Ascending Triangle Always a risk when taking trades and this is one of the biggest. Will BTC continue its rapid uptrend or will it make another major pullback to the downside? Bears: H&S pattern is not completely invalid yet. If BTC continues to create a higher high or move...

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Simple trading - WE WAIT! Patient pays!! Possible head and shoulders pattern is starting to form on the charts. be patient as this pattern is not confirmed. BTCUSD is still currently in a bullish run breaking out of the daily Inverted head and shoulder pattern. Active target is still 74k We can take advantage of short-term price action like this 4hr head and...

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simple trading - Triangle pattern If BTCUSD closes below the triangle sell. This is the most simplest form of trading. Don't overthink it. After a massive push to the upside, it only makes sense for the price to make a pullback. Entry level : 69500 SL 70000 MAX TP: 66200

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Update: BULLISH: BTC has hit the monthly and weekly resistance zones. I have taken all profits off the table. ***BTCUSD slated inverted head and shoulders is still currently active. TARGET: 74k BEARISH: Bitcoin could go up in value, but many obstacles might prevent it from reaching or staying above $72,000. These include strict government rules,(U.S. DO NOT...

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Simple Trading: Slanted Inverted Head and Shoulders pattern. Analyzing Bitcoin, we can clearly see a downtrend that has reached the top of its trend zone. At this point, two scenarios are possible: either a breakout of the downtrend, signaling a return to the macro bullish trend, or a continuation of the downward movement, resulting in a false breakout.

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Simple trading - Cup and handle pattern Watch gold to see if the handle will be filled. I have marked the probable retracement using the FIBB (purple lines) If gold manages to hold above .618 or 2340 we can look to continue buying. With the DXY making its way back up after testing previous support (104.05) it is only a matter of time before GOLD gets the...

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Simple trading - Heads and shoulder BTCUSD is dropping below the 1hr heads and shoulder pattern. 2 things will play out here, 1. BTC will continue to drop to target @60k or retest the previous resistance @62k then drop to the 60k level. 2. BTC will reject the head and shoulders pattern and regain bullish strength back up to 64k **If BTC fails to remain...