


phaneth2014
XAU/USD (Gold) Trade Recommendation – 1H Chart Analysis Current Market Overview: Gold is trading around $2,918 and is consolidating after a strong bullish move. Resistance is seen at $2,920 - $2,930, while support lies at $2,900 - $2,880. Moving averages suggest bullish momentum, but MACD shows indecision. 📉 Sell Setup (Preferred Based on Your Strategy) 🔹 Sell...
✅ TRADE SETUP: BUY XAU/USD Limit Entry: at $2,903 - $2,899 Stop Loss (SL): $2,897 - $2,895 TP1: $2,917 (minor resistance). TP2: $2,925 (next key level). TP3: $2,950 - $2,960 (extended bearish target). Why Buy? ✅ Rejection at key support ($2,9033 - $2,899). ✅ Price above EMA (20,50,100,200) 🚨 Risk Warning: If the price breaks below $2,895, close the trade as...
Long-Term Trading Strategy for Gold (XAU/USD) Since you prefer long-term trading, we will focus on higher timeframe trends and key levels rather than short-term fluctuations. 📉 Long-Term Bearish Outlook (Until Major Support) The chart suggests that gold could continue declining towards the 2,600 - 2,560 zone over the next few weeks. The descending trendline and...
Gold price languishes near a two-week low below $2,900 as traders await the release of the US PCE Price Index for cues about the Fed's rate-cut path. The crucial inflation data will influence the USD and provide a fresh directional impetus to the non-yielding yellow metal.
USD/JPY declines further to near 152.60 as the US Dollar underperforms its peers amid upbeat market mood. US Trump didn’t reveal its detailed reciprocal tariff plan on Thursday.
Gold NYSE:TVC : GOLD trying to break the resistance price failed two days on Thuday and Friday last week, closed day the lower then the resistance, I recommended to SELL, please check annalysis.
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for RIPPLE - XRP/USDT as long as the price remains well below . The next bearish objective for sellers is set at . A bearish break of this support would revive the bearish...
The bearish trend is currently very strong for ETHEREUM - ETH/USD. As long as the price remains below the resistance at , you could try to take advantage of the bearish rally. The first bearish objective is located at . The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at as an objective. Crossing it...
Economies.com provides the latest technical analysis of the GBP/JPY (British Pound Sterling/Yen). You may find the analysis on a daily basis with forecasts for the global daily trend. You may also find live updates around the clock if any major changes occur in the currency pair.
The Japanese Yen sticks to its modest intraday losses against its American counterpart through the early European session on Friday in the wake of cautious remarks from the International Monetary Fund (IMF).
The ongoing bounce in the US Dollar triggers a knee-jerek in Gold prices, slipping back to the $2,800 region per ounce troy following the confirmation of US tariffs on Canada, Mexico, and China.
The head and shoulders pattern is a reversal chart pattern that forms part of price action. Although it might not be easily identifiable, most technical traders find it helpful and effective for predicting potential future price movements. For traders who mainly focus on trading with the trend, this pattern could assist in identifying possible exit points for...
The daily improvement in the Greenback motivates Gold prices to give away part of the weekly strong advance and slip back to the vicinity of the $2,700 region per troy ounce at the end of the week.
Gold’s price recovers initial weekly losses and edges higher for the second day in a row, trading in the $2,680s on Wednesday, after a softer-than-expected United States PPI release the previous day triggered substantial easing in US yields.
USD/JPY hovers near 158.00 as it retreaces due to US economy creating 256,000 jobs last month, surpassing the forecasts. The US unemployment rate drops to 4.1%, with average hourly earnings slightly decreasing, influencing Fed rate cut projections. The US 10-year Treasury yield sees volatility, peaking at 4.788%.
Economies.com provides the latest technical analysis of the GBP/JPY (British Pound Sterling/Yen). You may find the analysis on a daily basis with forecasts for the global daily trend. You may also find live updates around the clock if any major changes occur in the currency pair.
GBP/JPY’s extended fall last week suggests that rise from 188.07 has already completed at 198.84. Initial bias stays on the downside this week for 188.07 support. Firm break there will argue that corrective pattern from 180.00 has finished too, and larger decline from 208.09 might be ready to resume. On the upside, above 194.76 minor resistance will turn intraday...
TVC:GOLD BULLISH SYMMETRICAL TRIANGLE PRICE ACTION This chart pattern starts forming with bulls already in control of the exchange rate's uptrend. Then both bears and bulls try to squeeze on each other by creating lower highs and higher lows respectively, till the bulls finally break the triangle's upper border created by the bears, and the exchange rate...