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Tradingacademy

XAUUSD - KOG REPORT!03/06/22 KOG Report: In last weeks KOG Report we said we would remain bearish on Gold and could see a turn being imminent after the range breaks. We suggested traders look at the immediate resistance levels above to target longs level to level and look for a rejection on price to short the market back down with the ultimate target being 1785! What a move we saw on Gold, meeting all our expectations that were not only mentioned in the KOG Report but also throughout the week in the daily briefs. Furthermore, in Camelot, once we formed approached the low we suggested no more selling and to only look for long trades to carry the move back up into immediate resistance. Pip capture on Gold was well over 800pips through the week trading up level to level and down to complete the move. So, what can we expect in the week ahead? We would say the early sessions may give us some ranging price action with an immediate range of 1816 resistance and 1803-6 as support. We’re still not convinced this is the low for Gold so we’re suggesting caution for the early part of the week. We would like to see another tap into the 1780-85 price region and potentially a little lower to form support before we then attempt to go long again! The larger range stands at 1780-1835, these remain the levels that need to be broken and price needs to hold above to determine the next big move. We still have that level of 1865-70 that we feel the price will need to visit so this is a potential target for those who are bullish on Gold. For us, it will simply come down to what we get first to determine the long or short. Up into the extreme high and we’ll look for the short, down into the extreme low and we’ll look for the long. Until then we’ll trade it level to level making the most of what the market is giving us. We will look at this with an overall view for the week and as always with two scenario’s in mind for the longer move. We update the intraday levels and potential movement so please look out for those charts during the course of the week as well. Scenario 1: We open and tap that 1816 region, we want to see a reaction in price here with possible rejection and confirmed resistance. IF we get that, we feel this would be the first opportunity to test the short trade back into the 1810, 1806 and below that 1795 price targets. If we break above the 1816 level the next level above is around 1820 and above that 1826. We want to see the price stay below the 1830-35 price zone to maintain the bearish view for the week. As long as we get the move down, we will be waiting around the 1780-85 and below that 1770-65 price zones to then take the long position to target the 1850 price region. Scenario 2: We open and come down straight away to into that 1800-1795 region. Here we will be looking for support to form and if confirmed we feel this level will represent a short-term opportunity to long the market back up into the 1816 and above that 1820-25 price regions. That 1825 level is where we want to see a reaction in price, do we break above and target 1830-35’s liquidity pool or do we get the short to target that potential double bottom left last week on the Daily into the 1790-80 price levels? Hope this helps in preparation for the week ahead, we will update you as we go along as we usually do. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
25
Ace Trading Academy - AUDUSD Analysis Current Trading Plan 1HAUDUSD has pushed up from the support line I have drawn and said in my last post. Currently AUDUSD is making higher highs and higher lows so be watching for that pattern. AUDUSD is currently inside of a channel. Trade inside off this channel until you see a break of it. Expect it to touch the top of this channel then push down off of it. Once theres a break be expecting a retest of the channel then for it to continue in the direction it was going when it broke. Like, Follow and Comment Will be following AUDUSD all week with up to date analysis!
by AceTradingAcademy
2
LTCUSDT : Trading inside current triangle. Our today's Academy setup is found on the LTC / USDT pair. On the time frame H1 we see a nice triangle and also the current trend line inside the triangle. If this line is broken, the price will test the bottom line of the triangle. Otherwise, when the price respects the trend line, we can go in the direction of Long. However, we determine this on the chart in the lower time frame, ideally M15. More information will be shared with our students and followers. Thank you for your attention and have a nice day and Happy trading. @Alex_UCT
by UltimateCryptoTrader
General Motors (GM) will be pushing higher in the coming weeks!By looking at the daily chart, we can see the strong bullish rally that has occurred in the last 12 months taking the price from the March 18th lows of 2020 around $14 to the $63 all-time highs in the beginning of April, 2021. This represented an astonishing 350% gain for the stock in a year. However, the road to the above-mentioned all-time highs was not easy as it was filled with many different hurdles that the bulls had to overcome in order to keep pushing the price higher. There were few massive 15-20% corrective movements that took place during this strong uptrend, but the uptrend remained intact on all occasions. The stock has continued to attract a lot of investors’ attention as it remains the leader in the auto maker space. The way that General Motors has managed to evolve from an old fashioned auto manufacturer into an innovative, disruptive and forward looking designer, manufacturer and seller of all-around automobiles and auto systems globally has turned the stock into a go-to choice for both small retail and large institutional investors looking to add some auto and EV exposure to their portfolios. The stock is currently sitting at $57 per share, which is roughly 10% below its all-time highs of $63 per share. We saw that the stock found a lot of buying interest around the $55 level on three separate occasions in the last 2 months – once at the end of March, then again at the end of April and the most recent one on May 4th. The confluence of both the horizontal and diagonal support lines at that mark has brought a lot of buyers back to the market. Investors saw the opportunity to buy into one of the leaders in the auto and EV space at a 10% discount and at a relatively low P/E and PEG valuation and didn’t think twice about it. The recent failure of the price to break below the $55 support back in early May and the subsequent sharp price appreciation could be taken as a signal for the presence of a strong bullish interest. This in turn confirms that the long-term uptrend has resumed and that the current bullish run will most likely take the price to new all-time highs in the coming weeks. Furthermore, we believe that the new $1.9 trillion stimulus package accepted in the US, will inject a lot of liquidity into the market, which will be a great short-term positive for the equity market. We expect most of the big tech names as well as other market favorites to restore their favorable image among traders and investors in the coming weeks, thus we anticipate that the XLY will be one of the best performing sector ETFs in May. We believe that the stock market in the US currently holds a lot of intrinsic risks - COVID-19, the newly formed office in DC, the economic recovery, the post-Brexit economic reality for the UK and EU etc. - and that we could be in for a sideways and choppy price action in the coming months. However, our analysis shows that the winners would most likely continue to win in the stock market. General Motors has definitely been one of the biggest winners in terms of stock price appreciation throughout the last 12 months, thus we are strongly bullish on GM’s stock in both the short and long term. Additionally, we are seeing GM as a great reopening play in the post COVID world. The most recent price corrections should be treated as a great opportunity to buy this strong performing stock at a remarkable discount, which would in turn give every investor a chance to maximize his profits to the upside. Moreover, some of the technical indicators that we are monitoring closely on a daily basis (50 DMA, 100 DMA, Bollinger Bands, RSI etc.) have already retraced from their overbought conditions and are signaling that the uptrend might be returning pretty soon. In addition to that, it is important to note the fact that the XLY and the Consumer Discretionary sector as a whole would continue to attract a lot of the investors’ attention moving forward, as consumers are sitting on record levels of savings and are eager to spend. This makes us optimistic for the future performance of GM as a meaningful part of the ETFs structure. Our analysis shows that as a result of the great leadership performance by the senior management of the company and the phenomenal fundamental positioning of GM through its newly updated portfolio of products, the stock will be able to hold its ground better than some of the other stocks out there in the event of a correction, and it would also significantly outperform the broader market once the uptrend resumes. Acknowledging the fact that we are in a position to buy the stock at a 10% discount from the all-time high levels, we would like to point out that buying at these levels would be suitable for both risk-oriented and risk-averse investors. Thus, we are currently looking at the $55-57 range as a great accumulation zone for the stock. Our take profit levels in the coming months are going to be $65 and $75 respectively. Follow us for more high-probability trading set ups!
NYSE:GMLong
by DowExperts
XAUUSD SHORT OPPORTUNITYLeave a like to support the idea and follow us for more free signals analysis #gold #goldsignal #forex #forextrader #trading #forextrading #money #forexsignals #trader #forexlifestyle #investment #entrepreneur #investing #binaryoptions #fx #invest #forexmarket #forexlife #stock #success #investor #daytrader #stockmarket #forexsignal #bhfyp #trade #wallstreet #daytrading #financialfreedom #forexprofit #finance #motivation #millionaire #wealth #forexeducation #gold #forextrade #makemoney #profit #luxury #eurusd #forexanalysis #technicalanalysis #forexmentor #cash #pips #makemoneyonline #broker #lifestyle #forexsignals #forexprofit #forexmoney #forexsignalservice #money #trader #tradingforex #forextraining #investing ##goldtrading #forex #trading #forextrader #gold #forextrading #tradinggold #tradingforex #tradingemas #trader #xauusd #forexsignals #investasi #investasiemas #traderindonesia #broker #forexlifestyle #belajartrading #gkinvestindonesia #goldtrade #forexsignal #goldtrader #xauusdgold #goldsignals #profittrading #tradingsaham #xauusdtrader #forextrade #xauusdsignal #bhfyp
OANDA:XAUUSDShort
by FREEPIPSVIP
EURUSD HUGE SELL OPPORTUNITY#forex #forextrader #trading #forextrading #money #forexsignals #trader #forexlifestyle #investment #entrepreneur #investing #binaryoptions #fx #invest #forexmarket #forexlife #stock #success #investor #daytrader #stockmarket #forexsignal #bhfyp #trade #wallstreet #daytrading #financialfreedom #forexprofit #finance #motivation #millionaire #wealth #forexeducation #gold #forextrade #makemoney #profit #luxury #EURUSD #forexanalysis #technicalanalysis #forexmentor #cash #pips #makemoneyonline #broker #lifestyle #forexsignals #forexprofit #forexmoney #forexsignalservice #money #trader #tradingforex #forextraining #investing #forexgroup Leave a like to support the idea and follow us for more free signals analysis
Short
by FREEPIPSVIP
Pattern triangule on EUR USD.... keep watching ;)The triangle can be a continuation or a reversal pattern. Although, more often it is a continuation pattern. There are three types of triangles: symmetric, ascending, and descending. For trading purposes they are all the same, the just look different. A triangle forms when the price action narrows over several price swings. If trendlines are drawn along the highs and lows of the price action, the trendlines converge towards each other. This creates the appearance of the triangle. More at: www.investopedia.com
Short
by AmiranAzaladze