Forexsignalservice
GBPJPY (Forex) Short Setup 4h TF, going well - using RisologicalGBPJPY (Forex) Short Setup 4h TF, going well - using Risological
The chart is 4h time frame.
Entry and Stoploss are on the chart.
The current short trade trailing stop loss is at 190.4
We might see a pull back before going further downwards.
People who missed the short trade can enter at the pull back around 189.
All the best!
Platinum is about to skyrocket and soar by 20%!Platinum's insider was discovered!
He was last seen at it on March 7th of this year, and platinum prices have jumped by 20% since then!
Now, his target price is between $1100 and $1200 , representing a greater than 20% increase. There's some significant momentum going on there.
We are keeping a close eye on it.
#XAUUSD/GOLD breaks out, is it a long-term buying opportunity?After breaking through the resistance zone of 2430-2433, the current gold price is forming a peak around 245x, with the breakout at 2386 giving gold an upward momentum again.
The market is very difficult to trade, and the trading trend for the Europe - US session is BUY. Key price areas to watch are 2428-2432 and 2390-2400. If the price fills this liquidity area, it will be an opportunity for us to target the peak zone of 2480-2484.
Recommended orders:
Plan 1: BUY XAUUSD zone 2429 - 2432
SL 2426
TP 2435 - 2450 - 2373.
Plan 2: BUY XAUUSD zone 2390 - 2393
SL 2387
TP 2400 - 2430 - 2373.
Plan 3: SELL XAUUSD zone 2451-2453
SL 2457
TP 2448 - 2440 - 2432 (small volume).
Short term trading strategy for todayXAUUSD charge dropped sharply on the quit of remaining week, however that is the adjustment length of the H1 and H4 frames, long-time period gold remains in an uptrend.
Price regions to be aware of subsequent week are
the resistance place 2408 - 2410 and the help place 2356 - 2360.
Cash flow will pour into gold and gold prices will reach recor hGold is assessed to benefit in the context of increased risks after the incident of former US President Donald Trump being suspected of shooting during an election campaign in Butler, Pennsylvania on July 13. If Mr. Trump wins the election next November, the USD may weaken, thereby also pushing up gold prices.
Macroeconomic data that is no longer bright is the basis for US Federal Reserve Chairman Jerome Powell to recently signal a reversal in monetary policy. Mr. Powell expressed concern about the weakening of the economy and the risk of recession.
In a testimony before the US Congress last week, the most powerful man in the world's financial industry said that the US will cut interest rates and not wait until inflation is clearly heading towards the 2% target.
The USD has recently declined following signals from the Fed, thereby putting pressure on gold.
Gold also increased in price thanks to positive signals from technical analysis. The upward price momentum has been established after precious metals rose quite firmly above the threshold of 2,400 USD/ounce over the past several days. Upward momentum is being confirmed and gold is forecast to set a new all-time high, possibly as soon as this week.
Gold prices are cautious before signals from the world's No. 1 eThe election in France and americaA employment record also are one of the critical using forces to push buyers to pour into treasured metals.
Many analysts trust that the gold marketplace is in a relaxed duration and might range once more as a minimum till the stop of this week. The growth in shopping for via way of means of buyers at the start of the consultation is the expectancy that the fee will growth after the treasured steel is in a low fee range.
The modern-day economic coverage stance of americaA Federal Reserve (Fed) should cause any other sell-off withinside the marketplace.
As lengthy because the Fed loosens economic coverage, it'll positioned strain at the USD and push up gold prices.
Btcusd looking at this very first fall BTCUSD On the other hand if the bulls are able to flip the previous high into support like they did with the support previously as highlighted in purple, then that would be a promising move Investors should watch for a decisive flip of the blockade into support A bounce atop this base would inspire more buy orders sending BTC price to the local top at least one
EURUSD sell opportunity for more big fall EURUSD The latest inflation report for March spooked everyone showing consumer prices soaring by 3.5%, way above expectations What does high inflation mean It means the Fed's gonna keep interest rates high for longer to fight it As soon as that data hit you could practically hear the market's collective gulp with the EURUSD
Gold Continue long_term XAUUSD buying strategy Gold Geopolitical frictions in the Middle East have further bolstered gold although these risks have intensified only recently and haven't been a predominant theme for an extended period To add context investors have been nervous about Iran's potential retaliation against Israel following the bombing of its embassy in Syria Such action could escalate tensions in the region
Gbpusd buy fulling up the opportunity Gbpusd average This is generally a reversal pattern so we can expect the sellers to sell any rally now as they target a breakout below the support The price got a bit overstretched yesterday as depicted by the distance from the blue moving average In such instances we can generally see a pullback into the moving average or some consolidation before the next move
Xauusd sell opportunity’s Xauusd big fall of cpi XAUUSD Strong Report A surprisingly strong jobs report could signal a resilient economy, leading the US central bank to hold off on plans to ease interest rates imminently This scenario should be down for the US dollar but is likely to put downward pressure on precious metals like gold and silver