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#trading_idea 💡 👑#Gold- Going Down On the 4h chart, Prices dipped 0.4% to $2,610.50 per ounce as a stronger dollar weighed on demand. Investors are awaiting the Fed’s meeting minutes later today for clues on future rate cuts. Gold could get a boost if Thursday’s U.S. CPI report shows softer inflation. Support 2614 looks crucial at the moment. There are...

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#trading_idea #Gold 💡 👑#Gold- Correction Downwards On the 4h chart, the price is testing 2634 support. There is descending triangle pattern. The Parabolic SAR and CCC both points to a possible move down. The B&B indicates bearish sentiment at the moment. RSI i under 50 line. 🔼If the price rebounds from 2634, the further retest of 2670 is possible....

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#trading_idea #Gold 💡 👑#Gold- Watch Support On the 4h chart, the price is testing 2643 resistance. There is a descending triangle pattern forming. The Parabolic SAR points to a possible move up while CCC shows on possible continue of correction down. The B&B indicates neutral sentiment at the moment. 🔼If the price rebounds from 2643 support, the further rise...

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#trading_idea 💡 🦘Pay Attention to #AUDUSD! On the 4H chart, price is in correction downwards and testing 0.685 support . The Bulls&Bears and MACD both points on bearish sentiment. 🔽If the price breaks down the 0.685 support , a slide towards 0.68 is possible. 🔼Otherwise, rebound and rise to the resistance 0.6868 and higher is likely. 👋 Show "👍" if you...

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#trading_idea☄️ #GBPUSD 💸Sterling - Big Fall - Watch Opportunities Sterling fell 👎 sharply by 0.75% on Thursday to $1.3169 after Bank of England Governor Andrew Bailey signaled the possibility of more aggressive rate cuts. This pushed traders to bet on another BoE rate cut before the end of the year. As a result, euro/sterling rose by 0.7%, now at 83.83 pence...

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#trading_idea 💡 #GBPJPY - Watch Resistance On the 4h chart, we can see the price is rising above middle line of Bollinger. The MACD and Bulls&Bears both point on possible move upwards. The price is above is above MA(100). Possible scenarios: 🔼If the prise break through 192.700 resistance we may see the rise towards 193.800. 🔽Otherwise, a slide towards...

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#trading_idea #Gold 💡 👑#Gold- Watch Resistance On the 4h chart, the price is testing 2655 resistance. The Parabolic SAR and CCC both points on possible continue of correction up. The B&B shows neutral sentiment at the moment. 🔼If the price breaks up 2655 resistance, the further rise to 2670 is possible. 🔽Otherwise, a slide to 2662 support could be...

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#trading_idea #GBPUSD 💡 💸Sterling - Correction Downwards On the 4-hour chart, pair is developing a downwards movement testing support around 1.3333. It's close to lower line Bollinger Band, indicating possible continue decline. The Bulls&Bears points to bearish sentiment. 🔽A breakout down 1.3333 could lead to a slide towards the 1.3300 area. 🔼While failure to...

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#trading_idea #Gold 💡 👑#Gold- Watch the Trendline On the 1h chart, the price is testing downward trendline. The Parabolic SAR and CCC both points on possible continue of correction up. The B&B shows bullish sentiment at the moment. 🔼If the price breaks up trendline, the further test of resistance 2649 is possible. 🔽Otherwise, a slide to 2634 support could be...

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#trading_idea 💡 🦘Pay Attention to #AUDUSD! On the 4H chart, price broke below the trending line and testing support at 0.69 . The Bulls&Bears points on bearish sentiment while Momentum shows a possible downwards movement. In addition there is bearish engulfing candle model. 🔽If the price breaks down the 0.69 support , a slide towards 0.686 is...

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#trading_idea #Gold 💡 👑#Gold- Correction Downwards May Occur On the 1h chart, the price is testing support 2650. The Parabolic SAR points on possible continue of decline. While CCC shows the same moment. 🔽The price breaks down support 2650, the further decline towards 2642 is possible. 🔼However, if the price fails to break support, a rebound to 2655...

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#trading_idea #Gold 💡 👑#Gold- Moving Down On the 1h Heikin-Ashi chart, the are 4 red candles in a row that may points on continue of decline. The Descending Triangle is formed. The CCC indicates a possible downward movement, while the Parabolic SAR confirms the pressure on the price. 🔽The price could continue to decline toward 2654. 🔼However, if the price...

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#trading_idea #USDJPY 💡 #USDJPY - Yen Rising On the 1-hour chart, the pair fell to 143 support . The yen bounced today, after Japan's former defence minister Shigeru Ishiba won the leadership contest of the country's ruling Liberal Democratic Party and was set to become its next prime minister. Ishiba is a critic of past monetary stimulus and told the central...

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#trading_idea 💡 👑#Gold- Outlook On the 1H chart, the price is declining after testing the 2680 resistance level. The Stochastic indicates a possible downward correction, while the Bulls & Bears indicator confirms that the strength of bulls. 🔼The price could continue to retest resistance at 2680 and potentially rise towards 2690. 🔽 However, if the price fails...

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#trading_idea 💡 🇪🇺🇯🇵 #EURJPY - Moving Up On the 4H chart, an ascending triangle pattern is forming. The price is testing resistance at 161, and both Stochastic and the Bulls & Bears indicator suggest a potential continuation of the upward move. 🔼 If buyers have enough strength to break the resistance 161, the price will most likely rise to 162. 🔽 If the...

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#trading_idea #Gold 💡 👑#Gold- Correction Downwards May Occur On the hourly chart, the price is declining after testing the 2670 resistance level. The Stochastic indicates a possible downward correction, while the Bulls & Bears indicator confirms that the strength of the bulls is fading at the moment. 🔼The price could continue to rise toward the next resistance...

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#trading_idea #USDJPY 💡 #USDJPY - Yen is Weak On the 4-hour chart, pair is testing 143.625 resistance . Strong upward movement shows bullish power with Stochastic confirming this. Price is above MA(100). 🔼If price breaks out 143.625 resistance, further move to 144.623 is possible. 🔽Alternatively, a slide to 141.976 is likely. 🔴 Click "👍" if you think the...

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#trading_idea #EURGBP 💡 🔤🔤🔤🔤🔤🔤- Outlook On the 3M chart, there are 5 red candles in a row, which give around 66% chance of trend reverse. The price is testing 0.842 support. The Stochastic is in deep overbought zone showing the signs of reversal. 🔼If the price rebound from 0.842 we could see a potentially testing higher levels around 0.8427 or beyond....