Good morning, traders! 🌅 What a pleasant surprise to witness the price reacting flawlessly in the sell zone, although it happened during the Asia Session and I missed the opportunity to trade it. Moving forward, here's my plan for today: I'll patiently await the London Open, and if I spot any other promising setups, I'll be sure to share them here with you all!...
For a longer period of time investors are waiting for a clear signal that the Fed will make their first move on cutting rates, or so-called the pivoting moment. It happened during the previous week at Fed Chair Powell`s testimony to the Senate, where he noted that most probably the rates will be cut “at some point”. As markets are discounting immediately every...
Daily weekly Predictions of financial Market analysis..........
Gold impose to embark on a retracement sweep to 2140's. After which 2300"s is the projection of upthrust to make a PoR..... 😎 Thanks 🤝
Considering the behavior of the price at the level of 78.6% and 100%, it is expected that the upward trend will end and we will witness the beginning of the correction process. Crossing the 100% level will continue the upward trend
FX:XAUUSD in the distribution phase updates highs to 2195. Price enters resistance zone while the dollar index gets a dose of negative news and high inflation. CPI, Core retail Sales, Initial Jobless Claims and PPI are worth watching in the coming week. Also, quite a few FED & FOMC speeches after Powell's two day speech that said nothing new. The dollar index...
Gold trend analysis, easily make money for you In early trading in the Asian market on Monday (March 11), spot gold fell back after rising to a high of $2,188.88 per ounce, approaching the all-time high of $2,195.07 set last week. It is now back around $2,180. Gold prices surged to a record high on Friday following U.S. non-farm payrolls data. On the 60-minute...
The Disciplined Trader How to enter the CHART ?? 1. Look for candle to cross our zones 2. If the candle crosses above our zone and closes above then take buys ( look no 4.) and vice versa 3. Look for 1hr candle confirmation / 15/30 mins TF for entry during Asian session and 30 mins TF confirmation/ 5/15/30 mins TF after london session. 4. Always wait for...
looking for sell, wanna see it on NY or AM session.... Fire on fire would normally kill us But this much desire, together, we're winners They say that we're out of control and some say we're sinners But don't let them ruin our beautiful rhythms 'Cause when you unfold me and tell me you love me And look in my eyes You are perfection, my only direction It's fire on...
I see no reason for gold to fall. The fundamentals are very strong, as is the technical analysis. We have seen that even inflationary NFP have failed to move the market in opposite direction. I would use every single drop to buy gold. According to my Elliot wave count and also the type of market structure, gold has more room to rise before a major retracement or...
Technical & Fundamental Analysis (Short Term) By PapaFinanceTalk 11/03/2024 Technical Analysis: - The current gold price in the short timeframe remains in a clear uptrend. - Gold is still above the 200-day moving average, supported by the Fed Chair's signal of interest rate cuts last week. - Reversal signals are still...
Gold appears to be exhibiting a bullish trend on the daily timeframe, following an ascending channel pattern. To capitalize on this momentum, it's prudent to wait for a confirmed breakout above the previous high and a successful retest before entering a buying position. This strategy enhances the probability of entering the market at an opportune moment, aligning...
This is a large trade with large targets and stops so make sure you're using a risk management calculator and using the correct % size. I recommend nashmarkets risk calculator and 2-5% risk per position.
Market is bullish from a higher time frame and here, sellers exhausted, with this, the probability of market going to the upside is higher than the down side, this is what made it best to tryout. Good luck. Disclaimer; Anything I write about is NOT investment advice. Please do your own due diligence before making any investment decisions. I’m not responsible for...
XAUUSD 30M : INTRADAY TRADING STRATEGIES The price of the Gold after recent breakouts make a strong view to keep the gold price in uptrend and may Gold will 3000$ next year. NOTE: KEEP FOLLOWING ME FOR MORE ANALYSIS AND MORE INFORMATION ABOUT DIFFERENT PAIRS OF THE MARKET LIKE FOREX, CRYPTOCURRENCIES AND MUCH MORE.
Gold prices broke records this week, reaching $2,150/ounce. The strong recovery was fueled by a weakening U.S. dollar and falling Treasury yields on bets that the Federal Reserve could start cutting borrowing costs sooner than the Federal Reserve proposed. policy makers. While Fed Chairman Powell has signaled that the central bank is in no hurry to cut interest...
With the current war in Ukraine, the Bitcoin pump and the forthcoming halving, there is a lot of pressure on the safe-haven asset as the dollar is highly affected. Gold has gotten to an all-time high and shows signs of Bullish exhaustion which might start a Bearish Signal. But with the current economic situation, Gold might just have a Bearish correction to 2100...
March 9 News: Market expectations for the Federal Reserve's policy easing may be coming to an end. Expectations for the Federal Reserve's monetary policy to shift to easing are still dominant. The geopolitical situation is still tense. Global central banks continue to purchase gold. Adding to the possibility of the spread of the U.S. banking crisis, the impact...