We rejected off the golden zone. If we are going to be bullish on risk-on assets, we need to see this remain in a downtrend, as it historically has an inverse relationship with markets like crypto.
RSI has lost upward momentum MACD has begin a path to crossing, the same for RSI. FIB is showing resistance at 0.786 ($231.61) Downward momentum to 0.618, if price falls below 0.786 FIB level and holds. This is not financial advice.
hey greeny days ahead of us, dont miss this GEM sitting at 35Mio CAP Enjoy the profits! de
Will we see a shift in risk in markets leading to a breakdown in gold?
this is my view on usdjpy 1h, let's see what will happen
this is my view on gbpjpy 1 h, let's see what will happen
Thursday’s session was marked by high volatility, with Nifty opening flat and making an initial low of 23,139.40. A strong rally took it to 23,311.15, where it entered the 15m Supply Zone (23,288.75 - 23,331.30), but selling pressure dragged it back to 23,141. The index then rebounded to a day high of 23,322.05 before closing at 23,249.50, gaining 86 points over the previous close. Both the Weekly Trend (50 SMA) is Negative to sideways and Daily Trend (50 SMA) remain Negative, indicating a cautious outlook. Demand/Support Zones Near Demand/Support Zone (15m): 23,141 - 23,205.70 Near Demand/Support Zone (30m): 22,786.90 - 22,843.30 Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Far Support Level: 21,281.45 (Low from 4th June 2024) Supply/Resistance Zones Near Supply/Resistance Zone (5m): 23,349.20 - 23,421.25 Near Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20 Far Supply/Resistance Zone (75m): 23,645.05 - 23,726.85 Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45 Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15 Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30 Outlook Nifty is testing critical resistance levels while facing persistent selling pressure at higher zones. A break above 23,350 could push it towards 23,500+, while failure to hold support at 23,141 may lead to a retest of lower levels.
This chart provides a professional analysis of Gold (CFDs on Gold, US$/OZ), highlighting the following key points: 1. Current Price: 2,790.990 This is the current market price of Gold, as shown on the chart. 2. Stop Loss: 2,777 The level where the trade will automatically close to limit potential losses. 3. First Take Profit: 2,804 The initial target level where a trader may choose to secure profits. 4. Second Take Profit: 2,821 A higher profit target set for maximizing gains. The chart indicates an upward price movement within a channel, suggesting a bullish trend with a favorable risk-to-reward ratio.
The dollar is in wave A of correction, then B, then C. I hope it
? CSE:ZRO ⁀➷ #LayerZero. Macro chart Another ? Intermediate Target - $11 ? Macro Target 1 - $14 ? Macro Target 2 - $22 ? Macro Target 3 - $32 - Not financial advice, trade with caution. #Crypto #LayerZero #ZRO #Investment #L1 ✅ Stay updated on market news and developments that may influence the price of LayerZero. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.