Natural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis#naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil
Natural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
04:05 AMEX:UNG Stock Forecast
06:50 USO Oil Stock Forecast
08:22 DXY US dollar Stock Forecast
09:49 Gold XAUUSD Stock Forecast
11:17 Silver XAGUSD
XAG USD ( Silver / US Dollar)
Gold | Continuing the downward trend or hitting a price ceiling!Gold is in a downtrend with decreasing prices. The important support range we have is 2150 - 2155. Gold has tested this support several times over the past 2 days and the strength of the support is very high and has not been broken.
Now we need to see the reaction of this range for the coming week. Considering the formation of a descending triangle pattern by the trend line and this support, we should expect the breakdown of one of these.
If this support is to be broken, we expect a strong price decrease in gold to 2132 and below. But if the downtrend line is broken, our first target will be 2195 and then higher at 2148 (hitting a new price ceiling). 📉📈
Analysis of Silver in the Daily Timeframe 📈Silver had a very important resistance that it broke through with strength and now that range has turned into strong support. Silver faces another important resistance on its way, if it fails to surpass and break that resistance, we can expect a price drop to the support range of 23.417. However, in case of breaking the resistance, we may anticipate an upward movement towards the price of 25.47. 🪙
Silver (XAGUSD): Starting to go up!Silver (XAGUSD): OANDA:XAGUSD
In Silver, we believe we have formed the low with Wave 2 at $21.93. Since then, we've developed Waves (i) and (ii), and now likely Wave (iii) as well. It appears we've caught up with Wave (5) at the 50% extension level at $25.36. Should we now drop for Wave (iv), we expect it to be in the range between 38.2% and 61.8%, more precisely between $24.12 and $23.30. The $23.30 level is also our invalidation level, as that's where the stop of Wave (i) is located. Initially, we believe we will accept the support zone at the subordinate Wave (4) for the overarching Wave (iv). We see this as a very interesting zone and, looking upwards, we believe we will head towards the $26 mark.
SILVER Will Explode! BUY!
My dear subscribers,
This is my opinion on the SILVER next move:
The instrument tests an important psychological level 24.916
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 25.205
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
XAGUSD Rejection at the top of the 1 year pattern. Huge SELL.Silver (XAGUSD) reached the 25.000 Target that we set more than a month ago (February 15, see chart below) easily surpassing the 0.786 Fibonacci level and getting heavily rejected exactly at the top (Lower Highs trend-line) of the 1 year Triangle pattern:
On July 20 2023, a rejection slightly lower started wave (e-f) towards the bottom of the High Volatility Zone and touched the 1W MA100 (red trend-line). This trend-line has made contact with all corrective waves of the long-term Triangle pattern.
As a result, taking also into account the 1D RSI which has hit the exact 70.00 overbought barrier like on July 19 2023, we are now bearish and targeting 22.500 (expected contact with the 1W MA100).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Short Silver on COT Force PushThe markets are really all about finding patterns and taking advantage of such forcefully. With Silver, the commercial producers and bullion banks tend to exert the most amount of market influence upon its price. The reason is that Silver is primarily an industrial metal sensitive to economic demands and also due to the fact that unlike gold, it is primarily mined as a by-product through the mining of other metals such as copper, iron, aluminum, etc.
If one can recognize the behavior of Silver once the commercial entities are starting to sell in larger then usual amounts, we can catch the downside action just as it starts to occur. In addition, the price action through the evident "force push" when the price is forced to a quick swing high and abruptly u-turned tends to signal that a price reversal is being confirmed. Today we have witnessed such event take place and we are now getting in position for an estimated $3+ decline in the price of silver in the coming weeks.
Natural Gas Price Forecast | DXY Crude Oil Silver Gold AnalysisNatural Gas Price Fo#naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
03:15 AMEX:UNG Stock Forecast
05:00 USO Oil Stock Forecast
06:29 DXY US dollar Stock Forecast
07:13 Gold XAUUSD Stock Forecast
08:16 Silver XAGUSDrecast | DXY Crude Oil Silver Gold Analysis
#SILVER.. only one supporting area, hold or not?#SILVER... well guys after a funtastic.ride in gold now silver at his one of the most important supporting area 24.90
That was our supporting area in yesterday as we discussed in our video.
Keep close it because in today if market clear it then another selling ride in table.
Good luck
Trade wisely
Strifor || GOLD-21/03/2024Preferred direction: Neutral
Comment: Gold worked out our long scenarios perfectly once again, and as we noted in previous trading ideas, the level of 2200 was reached as a target. Today, gold will most likely trade around the 2200 level. Further growth is not considered as optimistically as before.
We highlight two scenarios for this instrument, where Scenario №1 assumes a corrective movement towards support 2150 . Before this, most likely there will be an attempt to update the current maximum. Scenario №2 - assumes that buyers will not ease the pressure on sales and the metal will accumulate in a small balance at the level of 2200 for some time. This development of events according to Scenario №2 will most likely lead to another small upward impulse. The approximate target range in this case is the area 2250 - 2300.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Strifor || GOLD-Fed meetingPreferred direction: BUY
Comment: Before the Fed meeting on gold, we activated scenario №1 , which we published at the beginning of the week. Here, the long-trade was executed from the level of 2150 . This support is a limit area for long-player, but no one has canceled its break down, and the likelihood of this saves. Just for this, we have scenario №2 , which assumes making the next buy in the area of level 2120 .
We do not consider the growth target above the level of 2200 . Most likely, the price will stop at this resistance and go back to a correction. It should also be noted that the long-term prospects for metals look quite rosy.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Strifor || AUDUSD-Mid-term viewPreferred direction: BUY
Comment: As expected earlier, the US dollar has strengthened against all major competitors, and the AUDUSD currency pair is at the top of this list. The main trigger for the fall was the RBA meeting. However, we previously noted that for this instrument a setup was formed for at least a downward correction. It should be noted that the long-term prospects are not so rosy for buyers, although we expect growth in the medium term. This potential movement is considered towards the level of 0.66000 and no higher.
For this long-deal, we highlight two scenarios , as always, and both are indicated on the chart. Most likely, in the short term, the major currencies will decline, including the AUD .
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for boost and share your views!
Strifor || EURUSD-Week StartingPreferred direction: BUY
Comment: The week on the market is expected to be hot, with a number of important news awaiting us, namely the decisions of a number of leading central banks on interest rates . This week we stick more to the buy priority, but most likely this week will be predominantly in favor of the seller. It is expected that growth in the euro can begin in the second half of the week. The dollar is expected to weaken across all major instruments in the medium term.
Two scenarios are indicated in the graph. Scenario №1 is more likely. In both cases, a reversal is expected within the area of 1.08000 - 1.08500 . The common goal is at the level of 1.09500 .
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Strifor || USDCHF-Mid-term viewPreferred direction: SELL
Comment: The Swiss franc also performed well on our previous trading ideas, where the entry strategy was “border to border”. The medium-term prospects here are also not in favor of the US dollar , but in the long term, we consider USDCHF more in favor of the buyer.
At this stage, for a medium-term sell-deal, we highlight two scenarios, where the Scenario №1 is more likely and involves a false breakout of the upper balance line. Scenario №2 also assumes a false breakout of the upper border, but deeper towards the level of 0.90000. For now, we consider the target to be no lower than the lower border of the balance, namely the level of 0.87610.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for boost and share your views!
Natural Gas Price Forecast | DXY Crude Oil Silver Gold AnalysisNatural Gas Price Forecast | DXY Crude Oil Silver Gold Analysis
#naturalgas #natgas #xagusd #dxy #xauusd #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil
00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
05:27 AMEX:UNG Stock Forecast
08:54 USO Oil Stock Forecast
11:16 DXY US dollar Stock Forecast
12:40 Gold XAUUSD Stock Forecast
14:00 Silver XAGUSD
Silver Is Bouncing From The Support; Bullish Breakout Soon?We talked about silver (XAGUSD) in January, where we mentioned and highlighted strong support at the lower side of a triangle range. On January 26rd we shared a weekly chart of silver, where we warned about limited weakness and sideways contracting triangle range.
As you can see today, silver bounced from the lower triangle line and it’s back to the upper side of a triangle range, which can be signal for a completed A-B-C-D-E bullish triangle pattern, but bullish confirmation and real bullish breakout is only above 26 region.
So far we can see some nice recovery with an important move above 23.50 followed by push out of a base channel and above 24.50 on 4h time frame, which possibly that's wave (3) of 3 within an impulse, meaning more upside can be coming on silver as this one can be preparing on some major breakout of a big triangle, just be aware of short-term pullbacks.
SILVER - at his today supporting area? holding ?#SILVER... market just trade above his supporting area guys as we discussed in our video analysis that 24.90 is market full n final supporting area,
if market hold it then again a buying ride expected from here.
so far market didnot closed below that level in hour chart.
keep close it and dont hold your buying positions below that level,
good luck
trade wisely
Strifor || BTCUSD-Mid-term viewPreferred direction: SELL
Comment: Bitcoin , like Gold , remains in the center of attention for all market participants against the backdrop of recording historical highs for these instruments. It should be noted that there is a certain divergence here, since the following principle previously worked: " Metals rise (for example, against the backdrop of tensions in the world), and Bitcoin falls (since it is a high-risk asset and during a period of “tension” in the world, It's not the best investment tool." This also worked in a mirror format, when there is a bull market and demand for metal falls. Therefore, it is very important to do your own analysis and not make decisions entirely based on traditional market “patterns”.
As for the flagship coin, Bitcoin's position is still very strong, and the long-term prospects are quite positive for buyers. Many market participants considered the coin to be overbought, which, in turn, contributed to the renewal of the historical maximum. Today we are considering two main scenarios, which are mainly aimed in favor of the seller, but these are only medium-term prospects (no more). In long-term the coin looks very good. However, within the framework of a long-term re-test of the previous historical maximum (after ~3 years), it is quite normal that the instrument needs to take a “pause” after such rapid growth. And it is assumed that this will not be a long pause.
The scenario №1 assumes the beginning of a downward correction in the very near future. Here, the main “threshold” for a fall is located in the area of 61 000 - 60 000 . The scenario №2 assumes falls after updating the maximum; this maneuver would allow “eliminating unnecessary passengers” in the person of sellers who want to sell with increased leverage at the highs. This will be especially effective if events develop quickly. A corrective downward movement is also expected here towards 61 000 - 60 000.
If we consider longer-term prospects, then we also cannot exclude the possibility of a deeper correction, namely towards 50 000 . However, even in this case, the picture of the “bullish cycle” does not change, and with a high degree of probability, the instrument will resume growth. At a minimum, it will test the area at the 70 000 level.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for boost and share your views!