Gold operation strategy reference: Strategy one: Gold rebound near 2667-2670 batch short (buy down) two-tenth position, stop loss of 6 points, target near 2650-2645, break the 2540 line; Strategy two: Gold back near 2640-2643 batch long (buy up) two-tenth position, stop loss of 6 points, target near 2650-2660, break to see 2665 line Gold market trend...
Please be optimistic, gold will break 2800 by the end of October Gold/Aussie continues to trade in the June uptrend channel. Its recent bearish section has managed to find support at 0.382 Fibonacci and rebounded, closing at a green candle for the second consecutive session today. This is the beginning of a new bullish phase in which the lowest move is...
EURUSD- Trend Down - Sell Recommended! Hello, traders, If we look at the chart we can see how the price entered to upward channel, where at once broke resistance 2 and dropped to the support line of the channel. Then price turned around and rose to resistance 2, broke it, and some time traded in the resistance zone, after which rebounded and grew to almost...
Bitcoin recently completed a harmonic pattern near the 66,500 level. The initial price reaction was positive, increasing the likelihood of the beginning of a bearish movement. This harmonic pattern adds more weight to the bearish scenario we are considering. However, from a different perspective, BTC has been making significant upward and downward moves. ...
US100- Time to sell! We looking for short term sells and long term buys as we are still inside the bullish momentum however the market is now respecting the ceiling zone resulting in short term correction sells to the downside followed by impulsive buying opportunities if the market respect the uptrending support|4H TIMEFRAME
Hello traders, EURUSD has formed a double top and will continue to fall if 1.09370 breaks the target profit of 1.09211. It is best to try to use money management and use the right amount for your funds
Oil prices extended their gains, with Brent crude nearing $80, building on last week’s steepest weekly jump since early 2023. This surge is driven by fears of a wider Middle East conflict and potential disruptions to exports from the major oil-producing region. Israel has issued several warnings about targeting Iran’s oil tanks, significantly contributing to...
BTCUSD- Time to Sell! If we look at the chart, we can see how the price traded within the resistance area, but then reversed and fell to the support level, breaking through the 64,000 level. After this, the price started to rise, but failed, and for a short time fell below the support level, which was in line with the support area, and all the way down to the...