XAUUSD created a new HL today. Correction is over. The continuation of the trend will continue until it creates a new LH if it chooses. Otherwise, I am going to remain bullish with XAUUSD.
Price is back at a territory not seen since early 2022. In January/February 2022, we saw buying stall at circa 1.1460 for 4 weeks before the turn around and sellers taking control. Could we see something similar now?
https://www.tradingview.com/x/XKsVWBrz/ ✅SILVER is trading in an Uptrend and the price made A bullish breakout of the key Round horizontal level of 33.00$ Then made a pullback and is Going up now so we are bullish Biased and we will be expecting A further bullish move up LONG? ✅Like and subscribe to never miss a new idea!✅ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Liquidity formed above OB- Geopolitical factors in play for longs. Also Oil has hit monthly TF reaction areas. Partial profits at opp side liq- full TP at april highs.
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The EUR/USD pair is currently trading at a strong resistance level. This area stands out both because it has historically been a zone of intensified selling pressure and because indicators like the RSI are giving overbought signals. On the other hand, the DXY being at a support area and the potential for an upward response suggests that the dollar may strengthen against the euro. If this scenario occurs, we are likely to see a downward correction in the EUR/USD pair.
The GBP/USD pair is currently trading at a significant resistance zone. This level is noteworthy because it has historically been a point of strong selling and because technical indicators are approaching the overbought region. Additionally, considering the likelihood of the DXY reacting from support, a strengthening of the dollar could lead to a corrective move in GBP/USD. If the pair struggles to break through this resistance zone, an initial correction towards lower support levels may be observed.
https://www.tradingview.com/x/OkTP7IS2/ Hello,Traders! CAD-CHF is trading in a Local uptrend and the pair Made a bullish breakout Of the key horizontal level Of 0.5939 so we are bullish Biased and now that the Pair is going up again we Will be expecting a Further bullish continuation Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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