Tradingsignals
SILVER - its breakout? whats next??#SILVER.. perfect move as per our video analysis and now market just break his major support that is 29.02 around.
that is most important support actually, if this is clear breakage then be ready for a smooth drop towards your furhter supporting areas.
dont be lazy here and keep close 29.02
good luck
trade wisely
XAUUSD : Gold will increase sharply this weekWorld gold prices are trading in slight red after falling about 22 USD/ounce yesterday, currently fluctuating around 2,314 USD/ounce. The world gold market was relatively quiet at the beginning of this week due to the lack of important economic data and events. Experts say that XAU/USD fluctuates in a narrow range because investors are cautious ahead of the release of US inflation data later this week.
GOLD ROUTE MAP UPDATEHey Everyone,
A choppy day on the charts today with 2330 broken leaving a gap open to 2339. We got the push up into 2337 and just fell short by 20 pips leaving 2339 gap open.
The rejection tested the Goldturn support below with 2323 providing the bounces, as advised yesterday.
We are now plying in an extended range with a gap above at 2339 and the retracement gap below at 2312.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2323 - DONE
2330 - DONE
EMA5 CROSS AND LOCK ABOVE 2330 WILL OPEN THE FOLLOWING BULLISH TARGET
2339
POTENTIALLY 2349
BEARISH TARGETS
2312
EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE
SWING RANGE
2302 - 2294
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
CAD CPI forecast#USDCAD CPI Update..!
The pair are currently running with a ranging market and already broke the middle range. With an upcoming fundamental event,
I expected usdcad ready to reach the next 4H support level located at 1.35563 level. However Fvg still didn't fill. Analyze recommends opening selling at 1.3698 level. Good luck guys
use at your own risk
XAUUSD : Gold will recover after falling in priceXAU/USD is fluctuating around 2,325 USD/ounce. World gold prices moved sideways as investors waited for US inflation data, expected to be released later this week with the focus on the US core PCE index. This makes investors increase their expectations that the Fed will soon reduce interest rates in the next few months, supporting gold - a non-yielding asset.
SPDR Gold Shares fund sold a net 2.88 tons of gold on June 24, reducing its holdings to 829.05 tons.
EURGBP: Potential Bearish Continuation 🇪🇺🇬🇧
EURGBP nicely respected a major falling trend line on a daily.
The price dropped and violated a support line of a rising parallel
channel on a 4H time frame this morning.
I think that the fall may continue.
Next support - 0.844
❤️Please, support my work with like, thank you!❤️
25/6 update to yesterday update: BTC 9:00 UTC-4 18/6/2024 Short Hello everyone,
looks like yesterday's call: "In my opinion, there is still potential to move to Lower prices, but we need to take a close look at how the price will behave around 1M ATH Close price @ 61.375$. If we are able to blast through it, my next expected target would be 58.500$."
- comes to fruition once again. Extra 5% in the bag for those who stuck with trade at least partially.
So what's Next?
As we can see, after we arrive at our target 58.500$ we got immediate bounce back to the price I told you to keep an eye on. Reason Why I already mentioned several times in my previous posts.
As for my next trade, I can still see odds in favor of continuation to Lower price targets - 58.500$ again and depending on How it will act around that price on a 1-5-15min chart determine if we can see further bleeding or we bounce and revisit Higher price.
So for now, I'm of the opinion that if we reach around 61.375$ to 61.500$ again it would be still a great Short entry area. Having in mind that I will be using STOP LOSS around 61.850$ as protection in a case I'm WRONG and we go to the "bounce target" I mentioned yesterday which is around 63.8k$-64.2k$. If that happens, that would be my New Short Entry area.
Good luck in your trading
Joe
BTCUSDT - one n only area, what's next??#BTCUSDT. what a move from 66400 as we discussed in our last idea and congratulations to all followers.
We already discussed about 64450 in our last couple of ideas, you can check our last ideas about btcusdt.
So guys that level have much importance on chart specially in weekly and daily chart if you can see.
So keep close that level 64450
If market clear that level then you can see a smoothly drop a d it will leads you towards 62k , 60k n up to 58k
Don't be lazy here.
Good luck
Trade wisely
TRBUSDT - at cutt n reverse area? What's next??#TRBUSDT.. well guys market perfectly hold you area in our perveious idea.
And now we have 91 as major supporting area for now.
Overall 2 areas 91.00 and 105 around
You can check history for 91 market hold it so many times.
So now again keep close that area because If market hold it then again bounce expected
BUT KEEP IN HAND YOUR CUTT N REVERSE BELOW 91
Good luck
Trade wisely
TRBUSDT - at MAKE IT or BREAK IT level. what's next?? #TRBUSDT.. in first go market very smooth hold your area 91 and now again market just near your swing area 91
keep close it because its your MAKE IT OR BREAK IT level, only only hold your buying's above that level and as i told you in my last idea about #TRBUSDT that below 91 CUT N REVERSE in hand.
good luck
trade wisely
Bitcoin Entering A Large Demand Zone- Bounce or Break Down?Hey everyone! It's been a while since I have posted some technical analysis as I have been taking a bit of a break from the markets. But now I am back in the game, it's time to get back to some good ole charting! So now that I am back on that BTC trading grind, it's time to get back to some TA posts.
Bitcoin has been getting pretty hammered for a while at this point. BTC's price is hitting into a large demand zone in the 58K-60K range. We haven't broken the 60K price range yet, and we are showing some oversold conditions with momentum pretty much in the toilet.
The next big demand zone below where we are now is in the 40K range, but I highly doubt that we will break down that low. It's absolutely possible though, so if I were you, I would be safe guarding my stacks until we know for sure, but of course, this is not financial advice. My play is to day trade futures and then stack some cheaper on-chain BTC while the prices are low and lowering average DCA price. I will keep stacking like this until we break above 74K, then I will hold what I have until we top out for the cycle and trade into stablecoins to ride the wave down.
Be watching for a bounce at or around this level, it could be a good chance to go long and make some good profits. Of course on the flip side, we need to be watching for a break down below this zone. If that happens, I am going to be looking at 40K for the next stop as there really isn't much market support below the level we are in now.
Do you think the Wall Street players and their ETFs will let Bitcoin go below 58K? Would love to know your thoughts in the comments!
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
A PIPTASTC start to the week with our Bullish targets 2323 and 2333 shared yesterday completed today.
We will now need to see ema5 cross and lock above 2330 to open the range above. Failure to cross and lock will confirm rejection to re-test 2330 and 2323 for support.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2323 - DONE
2330 - DONE
EMA5 CROSS AND LOCK ABOVE 2330 WILL OPEN THE FOLLOWING BULLISH TARGET
2339
POTENTIALLY 2349
BEARISH TARGETS
2312
EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE
SWING RANGE
2302 - 2294
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
Gold is driven to return to 2400Despite the increase in the US Dollar and US bond yields, spot gold prices still increased and reached 2,365 USD/ounce.
Data last week showed labor market and price pressures were easing, while weak retail sales data released on Tuesday showed economic activity remained sluggish in the second quarter.
Rising geopolitical risks have fueled gold's bullish trend. Tensions are rising in the Middle East as Israel threatens to attack Lebanon. Combined with the recently signed agreement between Russia and North Korea through President Putin's state visit, this could increase the appeal of gold as it increases geopolitical risks in the region. , is currently trading near key resistance levels reported to readers in yesterday's edition.
Gold is still rising on safe-haven demand as global geopolitical threat levels rise again and global powers move troops on the global strategic chessboard.
Analysis of technical prospects for gold prices
On the daily chart, gold is temporarily limited by key resistance that readers noticed in yesterday's edition after gold moved above the 34 EMA.
The current $2,385 technical level is the closest notable resistance and once it is broken gold has the wherewithal to head for a new bullish cycle with a near-term target of $2,400 raw price.
Support: 2345 - 2336 - 2332 - 2325 - 2320
Resistance: 2370 - 2375 - 2385
SELL zone 2388- 2390 stoploss 2394
BUY zone 2345 - 2343 stoploss 2339
BUY zone 2332 - 2330 stoploss 2326
GOLD - at fresh resistance, what's next ?? #GOLD... market moved perfectly as per our expectation,
now market have 232728 as immediate resistance area, keep close it because if market hold your region then again drop expected from here, keep close your region 2327 28 around and don't be lazy here.
good luck
trade wisely
THE KOG REPORT THE KOG REPORT
In last week’s KOG Report we highlighted the significance of that 2320 level and said that it needed to be broken forcefully, otherwise if supported, we would be looking to long back up into the higher levels as well as Excalibur targets and price will attempt to take liquidity from that 2370-75 region. During the first half of the week, we continued to long into those higher resistance levels giving us a fantastic trade(s), tapping into that 2370-75 region where we got a RIP from our level and the short trade presented itself not only completing KOG’s bullish bias levels but also the first target region for the bearish target.
A phenomenal week in Camelot, not only on Gold and Silver, but all the other pairs we trade as well.
So, what can we expect in the week ahead?
After the move on Friday, we would say caution on shorting the market down here, instead, we’ll look for bounces in the early part of the week to take the price up to correct at least some of this move. Unless we have gaps on opening due to the geopolitical news over the weekend, it’s very possible we will establish a small range here again. For that reason, we will be looking for confirmation at the below levels 2310-12, which if held during the early session could represent an opportunity to long the market back up to the 2325-27 region which for us is the level to watch, with extension of the move into the 2335-40 region. These levels are of importance as that’s where we again will want to be looking for the swing short into the lower support regions, in attempt to break below that 2300 level!
We’ll stick with the bias level bearish below for now and look for lower pricing unless broken above, in which case its likely we will again, target the top of the range and correct the whole move.
On the flip, a push up straight off market open, we’ll look at those 2325-7 and 2330-35 regions to attempt the short, as long as we have a clean set up.
KOG’s bias for the week:
Bearish below 2335 with targets below 2310 and below that 2295
Bullish on break of 2335 with target above 2370!!
It’s a frustrating sideways chop for traders, so please be careful, every time they look to take it down, they swing up and every time they look like they’re going to break up, they swing it down. Traders need to make sure their risk models are up to scratch and they’re playing the range the way it should be. There is a post on trading the range, please check it out.
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
SILVER - at today support? holding or not??#SILVER.. so guys market from morning trade choppy and now we have 29.57 58 as today most important and day support.
keep close it because if market break that area then downside it will leads you towards further supporting areas,
29.57 58 keep close it.
good luck
trade wisely
BTC update to: BTC 9:00 UTC-4 18/6/2024 Short TradeHello everyone,
Looks like our trade was delivered even though it took longer than was expected.
So everyone who took the same trade, congrats on your profits!
Aswell, I would point out How after I called for a lower price we went lower by around 1.85%, and How after that we visited the price I expected that is possible to reach for a great Short entry around 66.478$ (not so far from 66.500$) before our move unwind.
With that said, I hope everyone who took the same trade already took some profits off to pay the trader.
Now, to the harder part. And that's How to manage correctly trade if you still left some portion of your Short entry open.
In my opinion, there is still potential to move to Lower prices, but we need to take a close look at how the price will behave around 1M ATH Close price @ 61.375$. If we are able to blast through it, my next expected target would be 58.500$.
On the other hand, if in the upcoming hours price struggles to go lower than 61.3-61.5k$, I would expect it to bounce back a few % and that would be an opportunity to Open New Short trade. -> (around 63.500$ to 64.200$)
I will update further once I get more confirmation about What is more probable to happen next.
Joe
EUR/USD Bullish Outlook Following Double Bottom ReactionFollowing our previous analysis, the EUR/USD pair showed a notable reaction to the double bottom pattern we forecasted on Friday. The price bounced off the 1.06800 level, indicating a potential continuation of the bullish impulse.
This movement is further supported by the lack of high-tier data releases from the US economic docket in the second half of the day, which means that the USD's valuation is unlikely to be driven by new economic data. As a result, investors are expected to respond primarily to changes in risk perception.
On Friday, PMI data from the US indicated that business activity continued to expand at a robust pace in June. This data helped the US Dollar (USD) maintain its strength ahead of the weekend, preventing the EUR/USD pair from gaining significant traction.
Given these factors, we anticipate a continuation of the bullish trend for EUR/USD. We will continue to monitor market developments closely and adjust our strategy as necessary to capitalize on this potential upward movement.
BTCUSDT - one n only support for today, holding or not??#BTCUSDT. perfect move as per our last couple of ideas and congratulations to all followers,
now market have one n only area for today that is your most important supporting area 62400
that area can create a massive volume to any side. keep close it.
if market clear that level then it will leads you towards downside further areas which is 60000 and up to 58000
don't be lazy here.
good luck
trade wisely