KOSM is in uptrend, expected 41% gain in upcoming days!
Gold looks positive on bullish ride, fundaments vs technical's
https://www.tradingview.com/x/MJ5VmQMF/ Hello, Friends! USD/CAD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of 1.381. ✅LIKE AND COMMENT MY IDEAS✅
Analyzing Fibonacci levels and the current channel, further price increases seem likely in the coming days or weeks.
Log versus Linear. I took some time to create this charting lesson, so it can be referenced later on as to why you should use log scale. It adapts to the accelerations and decelerations in price, showing you the more realistic & useful road map. #trading #charting #spx
Short Avax Entry: 52,65 Take Profit: 50,55 Stop Loss: 53 Risk/Reward x10
Hello, Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum. Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend. Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios. Details is Mentioned in Chart, Read carefully.. .
Possible correction in production due to missing volume. Due to too little volatility. Correction to previous wave. Ultimately, long term, I am still bullish, but to get the market back under control, it may be time to destroy some stop losses to make room for new ATH.
Based on fundamental data and the correction of the global gold ounce, as well as the high selling pressure and strength, I expect that today, with the release of the non-farm payroll employment data from the U.S., it will reach the specified range. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Daily live trade with XAUUSD in 15m/30m/1h 20241206