Buysellsignal
XAUUSD - GOLD PRICE DECREASED AT THE BEGINNING OF THE WEEK💵GOLD PRICE AND ECONOMIC INFORMATION
Gold eased below $2,390 per ounce on Monday after rising over 1% in the previous session, but remained close to six-week highs, driven by increased expectations of early rate cuts by the Federal Reserve following soft US economic data. Friday’s data indicated a weakening US labor market, with the unemployment rate rising to a two-and-a-half-year high and wage growth falling to a three-year low.
🔴SELL GOLD: 2396 - 2398, SL: 2402
🟢BUY GOLD: 2362 - 2360, SL: 2356
⛔️Breakout: top border 2393 -2397 - below 2378 - 2369
🔼Support: 2378 -2370 - 2364 - 2360
🔽Resistance: 2385 -2393 - 2397
GOOD LUCK EVERYONE👍
BUY GOLD, GOLD TO 2500 potentially. Gold is currently testing support lvl at 2383 . We should expect gold to find support there and move upward to 2402 .
If price moves lower I would buy at the next support lvl ( 2363 ) and take that back up. Gold is in a major uptrend and will find more support and move higher. My expectation is $2500. We risk at our lvls(2363,2383). If gold moves lower we readjust for sells.
Don’t let short term trends fool you. Gold will move higher.
Advanced Entry setup on Advanced Enzyme Ltd?Advanced Entry setup for Advanced Enzyme?
ABOUT
Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes. The Co. is the 1st Indian enzyme company with 2nd highest market share in India. It is the 2nd listed integrated enzyme player globally.
FUNDAMENTAL
Since we are looking at the weekly chart, it becomes very important to check the fundamentals.
• Company is almost debt free.
• Company has been maintaining a healthy
dividend payout of 20.9%
• OPM % increasing you
• Cash Flow positive
• FII and DII increasing shareholding.
TECHNICAL
• On a weekly TF, we can see a cup and handle pattern and the formation is completed.
• Increasing volumes are increasing the chances of a breakout
• RSI is at 60, indicating a potential buying strength and is not overbought.
• Trading above 50, 100 and 200 EMA indicating bullishness.
ENTRY, EXIT, TARGET, STOPLOSS
- If you are a risky trader you can buy some qty at the CMP or above previous day high and add more on breakout.
- If you are a risk averse trader then buy some at breakout and more at retest.
- The safe buying zone is above 424 and little aggresive players can add above 410.
- Since the duration of holding is around 6 - 9 months, don't place SL, but if you want to then SL should at 350.
- Target 1 is 480, Target 2 is 570
Happy Trading :)
#NOT IS FORMING FALLING WEDG PATTERN!🚨 GETTEX:NOT is forming a Falling Wedge Pattern on the 4H chart, which is typically a bullish reversal pattern.
📈 Entry Point: Start accumulating once the price exceeds $0.0140.
🎯 Targets:
Midterm Goal: 50% increase
Long Term Goal: 120% increase
🔄 Trading Options: GETTEX:NOT is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.01150.
📊 About GETTEX:NOT :
NOT is a promising project in the DeFi space, aiming to revolutionize cross-chain transactions with its innovative technology. Their mission is to provide seamless and secure transactions across different blockchain networks.
📢 DYOR, NFA
#Crypto #trading
GIS General Mills Options Ahead of EarningsIf you haven`t sold GIS before the previous earnings:
Now analyzing the options chain and the chart patterns of GIS General Mills prior to the earnings report this week,
I would consider purchasing the 67.50usd strike price Puts with
an expiration date of 2024-7-19,
for a premium of approximately $2.02.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Potential Bullish Reversal for SHIB Shiba InuIf you haven`t bought SHIB before the breakout:
Nor sold the top:
Now upon analyzing the chart pattern of SHIB Shiba Inu, it appears that a falling wedge formation is currently in play. This pattern is characterized by converging trendlines sloping downward, with a series of lower highs and lower lows. In technical analysis, a falling wedge is typically interpreted as a bullish reversal pattern.
The falling wedge on SHIB suggests that despite recent declines, there is potential for a bullish breakout. As prices continue to oscillate between narrowing support and resistance levels within the wedge, there is anticipation among traders and investors for a potential upward movement. This pattern often signals a gradual weakening of selling pressure and a potential shift towards buyers gaining control.
XAUUSD - Gold prices continued to fall💵GOLD PRICE AND ECONOMIC INFORMATION
Gold fell to around $2,310 per ounce on Wednesday, extending its decline from the previous session, as investors digest more hawkish remarks from Federal Reserve officials about the outlook for interest rate cuts. Fed Governor Lisa Cook stated on Tuesday that a rate cut will be appropriate at some point, but the timing is uncertain, while Fed Governor Bowman mentioned that she doesn't anticipate any rate cuts this year. This came on top of strong US business activity data last week, reaching a 26-month high in June, adding further to the hawkish pressure. Meanwhile, investors are looking forward to Friday’s core PCE index data, the Fed’s preferred inflation measure, particularly after the recent cooling of CPI and PPI data, alongside the third estimate for Q1 GDP growth and consumer spending and income.
🔴SELL GOLD: 2334 - 2336, SL: 2340
🟢BUY GOLD: 2302- 2300, SL: 2296
🟢BUY GOLD: 2294- 2292, SL: 2288
⛔️Breakout: top border 2324 - 2335 - below 2311 - 2305
🔼Support: 2311- 2306 - 2300 - 2295 - 2290
🔽Resistance: 2337- 2341 - 2345 - 2349 - 2354
GOOD LUCK EVERYONE👍
RUNE - rejection or continuation ? #RUNE/USDT #Analysis
Description
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+ The price has reached the support zone and it's uncertain whether the support will hold or break.
+ If the support breaks, the next support level is around 3. If the support holds, I expect a strong reversal, providing us with a trading opportunity.
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VectorAlgo Trade Details
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Entry Price: 2.657 - 4.246
Stop Loss: 2.00
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Target 1: 5.305
Target 2: 7.354
Target 3: 10.998
Target 4: 16.216
Target 5: 21.139
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Timeframe: 1W (Long Term)
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
SOL Solana Bearish PennantIf you haven`t sold SOL close to the top:
Solana, hailed for its scalability and performance within the cryptocurrency ecosystem, finds itself ensnared within the confines of a bearish pennant formation, signaling potential headwinds for the altcoin in the near term. With a looming price target of $125, Solana faces mounting selling pressure as it grapples with the implications of this ominous technical pattern.
A bearish pennant, characterized by a brief consolidation phase following a sharp downward move, often precedes further declines, reflecting a temporary pause in selling pressure before a potential continuation of the prevailing downtrend. Solana's recent price action mirrors this pattern closely, with each attempt at recovery stymied by strong resistance, reinforcing the prevailing bearish sentiment.
BTC Bitcoin Technical Rebound SoonIf you haven`t sold BTC on this top:
Then you need to know that Bitcoin is currently trading at $64,200, approaching the oversold territory on the RSI Relative Strength Index.
Historically, when Bitcoin enters the oversold area on the RSI, it often experiences a technical rebound.
The RSI is a momentum oscillator that measures the speed and change of price movements, with values ranging from 0 to 100. An RSI below 30 is typically considered oversold, indicating that the asset may be undervalued and due for a rebound as buyers step in to take advantage of lower prices.
XAU - GOING SIDEWARD BUT STILL IN DOWN TRENDGold rose to around the $2,320 per ounce mark on Monday, rebounding from declines in the previous session, as investors awaited a series of economic reports and comments from Federal Reserve officials throughout the week to gauge the Fed’s interest rate cut timeline. Key focal points include the US retail sales data scheduled for later today, weekly jobless claims on Thursday, and Friday's flash purchasing managers' indices, all of which offer insights into consumer spending and economic strength.
Gold maintains the small frame sideway zone, the price tops create consecutive false breaks
🔴SELL GOLD: 2348 - 2350, SL: 2354
🟢BUY GOLD: 2307 - 2305, SL: 2301
Note: Zone 2300
⛔️Breakout:
📈 Breakout on: 2326 - 2341
📉 Breakout below: 2312 - 2305
🔼Support: 2305 - 2300 - 2291 - 2286
🔽Resistance: 2330 - 2340 - 2350
GOOD LUCK EVERYONE👍
ZKUSDT: The Path to Millionaire StatusIn the world of cryptocurrencies, ZKUSDT stands out as a diamond in the rough. With its current price hovering around $1.11 and a staggering target of $3.87, this coin is poised for exponential growth. What sets ZKUSDT apart is not just its price potential, but its robust foundation and promising future.
Despite being listed on exchanges like KuCoin, Gate.io, Bybit, and Crypto.com, ZKUSDT has yet to find its place on major platforms such as Binance and OKX. However, the fact that investment teams from these exchanges have already shown interest speaks volumes. The likelihood of ZKUSDT being listed on these giants is incredibly high, potentially catapulting its price to new heights.
Technically speaking, ZKUSDT is currently in the accumulation phase on the price chart, indicating strong support and readiness for a significant upward move. The price targets illustrated on the chart underscore its immense potential.
What's more, the ultimate price ceiling considered as the final target could be surpassed dramatically upon listing on major exchanges. This could turn early holders into millionaires overnight.
ZKUSDT isn't just another cryptocurrency; it's a ticket to financial freedom for savvy investors. Stay tuned for what could be the most lucrative opportunity of the year.
Market Mastery Media
GOLD ROUTE MAP UPDATEHey Everyone,
Once again another great day on the chart today with our gap above giving us the confidence to buy dips form our Goldturns, as suggested yesterday.
2296 Goldturn gave us the bounce, as planned completing 2309 and 2326 inline with our plans to buy dips and now with protected profits heading for the gap. We are happy with the catch and now closing the week.
As always, we will now come back Sunday with our multi time-frame analysis, Gold route map and trading plans for the week ahead.
Please don't forget to like, comment and follow to support us, we really appreciate it!
Have a great weekend with family and loved ones!!
Mr Gold
GoldViewFX
Swing Trading - Using Market Side and Opening Range FiltersSwing trading is a short-term strategy where traders aim to capitalise on small price movements within a financial instrument over a specific period. The goal is to capture gains from these "swings" in the market rather than focusing on long-term trends.
In this example, I am trading the GBP/JPY using the market side and the session opening range as filters to determine high probability trading direction:
Market Side: This helps to identify the overall trend or sentiment in the market.
Session Opening Range: This is the price range between the high and low during the initial period after the market opens. It is used to set reference points for potential entry and exit levels.
Here's a simple breakdown:
Below the Market Side and Opening Range: If the price is below both the market side indicator and the opening range, this signals a bearish sentiment, and you look for selling opportunities.
Above the Market Side and Opening Range: If the price is above both the market side indicator and the opening range, this indicates a bullish sentiment, and you look for buying opportunities.
I use the Charts247_WT Custom Indicator Candles for entries and exits, which provide specific signals to enter trades and exit existing positions. This combination of trend filters and entry signals helps improve your trades' accuracy and timing, aligning your actions with the broader market context.
Gold prices dropped sharply with tonight's newsInvestors will focus on updated economic projections from the central bank, which are expected to show fewer rate cuts than policymakers previously anticipated. Markets now see only one rate reduction from the Fed this year in light of stronger-Gold prices eased toward $2,310 an ounce on Wednesday, hovering close to one-month lows as caution prevailed ahead of key US inflation data and the latest Federal Reserve interest rate decision. Investors will focus on updated economic projections from the central bank, which are expected to show fewer rate cuts than policymakers previously anticipated. Markets now see only one rate reduction from the Fed this year in light of stronger-than-expected payrolls data last Friday. Additionally, China’s central bank, the biggest official sector buyer of gold, paused its purchases in May after 18 consecutive months of buying spree. Elsewhere, gold miner Polymetal International announced this week that it plans to double output by 2029 through acquisitions in Central Asia.
🔴SELL GOLD: 2325- 2323, SL: 2329
(Resistance H4 + VCM EMA 89 zone H1)
🔴SELL GOLD: 2338 - 2340, SL: 2344
🟢BUY GOLD: 2270 - 2268, SL: 2264
⛔️Breakout:
📈 Breakout on: 2325
📉 Breakout below: 2304 - 2300 - 2391
🔼Support: 2286 - 2274 - 2268
🔽Resistance: 2325 - 2338
Investors will focus on updated economic projections from the central bank, which are expected to show fewer rate cuts than policymakers previously anticipated. Markets now see only one rate reduction from the Fed this year in light of stronger-Gold prices eased toward $2,310 an ounce on Wednesday, hovering close to one-month lows as caution prevailed ahead of key US inflation data and the latest Federal Reserve interest rate decision. Investors will focus on updated economic projections from the central bank, which are expected to show fewer rate cuts than policymakers previously anticipated. Markets now see only one rate reduction from the Fed this year in light of stronger-than-expected payrolls data last Friday. Additionally, China’s central bank, the biggest official sector buyer of gold, paused its purchases in May after 18 consecutive months of buying spree. Elsewhere, gold miner Polymetal International announced this week that it plans to double output by 2029 through acquisitions in Central Asia.
🔝🔝 Deekop's research and comments XAUUSD PLAN DAY TODAY June 12
🔴SELL GOLD: 2325- 2323, SL: 2329
(Resistance H4 + VCM EMA 89 zone H1)
🔴SELL GOLD: 2338 - 2340, SL: 2344
🟢BUY GOLD: 2270 - 2268, SL: 2264
⛔️Breakout:
📈 Breakout on: 2325
📉 Breakout below: 2304 - 2300 - 2391
🔼Support: 2286 - 2274 - 2268
🔽Resistance: 2325 - 2338
GOOD LUCK EVERYONE👍
GOLD IS READY TO INCREASE IN PRICEGold prices fell near $2,300 per ounce on Tuesday, hovering at one-month lows, as investors wait for US inflation data and the Federal Reserve's policy announcement later in the week. Traders will closely monitor for cues on when the Fed might begin reducing rates, in light of a stronger-than-expected payroll report last Friday.
🔴SELL GOLD: 2320 - 2322, SL: 2327
🔴SELL GOLD: 2338 - 2340, SL: 2344
🟢BUY GOLD: 2270 - 2268, SL: 2264
🔝Technical analysis:
Gold experienced a sharp fall after being affected by two important news about China stopping buying gold in May and Nonfarm being very good for USD.
Today Gold is staying in the price range of 2320$ -2280$. Waiting for the scalp is the breakout strategy here
⛔️Breakout:
📈 Breakout on: 2309 - 2320 - 2329
📉 Breakout below: 2286 - 2280
🔼Support: 2286 - 2280 - 2274 - 2268 - 2259
🔽Resistance: 2308 - 2320 - 2329 - 2338
GOOD LUCK EVERYONE👍
EurUsd BuyTypically speaking i am buy baised on EURUSD but its in sell trend as it has broken daily trendline with a high volume sell candle which has left a fair value Gap which is to be filled so the pair shall have to fill the gap and then go for a sell so we are waiting for pair to its direction a simple scalp trade is buy trade
Alibaba Long Term Analysis. 1st Target 134, 2nd Target 308This is my Long Term Analysis _ "Alibaba".
Downtrend is Breakout in monthly time frame and retested. So, from now on, the market will move to a Bullish Trend. And 1st Target is 0.5 Fibonacci Retracement (134), 2nd Target is (308).
I want to help people to Make Profit all over the "World".
Hang Seng _ Wedge Pattern forming, Target 1_(20694), T2_(29000)Long Term Analysis : "Wedge Pattern" forming in "Hang Seng" and down trendline is "Breakout". So market move to Bullish Trend, wait for if Retest or Trend Continuation. And the 1st Target is 0.5 Fibonacci Retracement price (20694), 2nd Target is Wedge Pattern Top is 29000.
After Reach the Wedge Pattern Top (29000) expect Breakout the Pattern.
I want to help people to Make Profit all over the "World".