zaidhatem

zaidhatem

Gold broke a downtrend for more than two months, as well as a head and shoulders pattern that has been established and is waiting for the neckline to be broken in order for the confirmation to be more accurate on its rise.

zaidhatem

The yellow metal is everyone's favorite, so this is my vision of what is coming for gold trading in the coming hours.. After the big breakout from the 1893 prices, gold may rise again to the 1924 and 1942 areas.

zaidhatem

As an analysis of the recent movement that took place, silver may return to the 23 areas next week.

zaidhatem

Elliott waves say that from this area, the dollar may return to its strength next week, towards the areas of 103.30 - 103.80 what do you think ?

zaidhatem

Exactly as I expected, gold reached the aforementioned targets during last Friday. It was a strong, rapid and momentum-filled rise, because investors began to resort to the yellow metal, as it is a safe haven in wars and economic problems, as happened in the past days after the collapse of several banks, most notably Silicon Valley Bank and the most recent bank ...

zaidhatem

Gold is still within a short-term uptrend, the reversal of its direction is not known, but it is more likely that gold will continue to rise to the 54-60 areas, and if the momentum is very strong, it may reach the 88-96 areas of these areas, the selling condition will be very good, so please pay attention and take caution And beware of the next movement of...

zaidhatem

Recent market trends indicate that the price of gold has been on an upward trajectory, with significant gains observed over the past few weeks. As the global economy continues to recover from the COVID-19 pandemic, many investors are turning to gold as a safe haven asset to hedge against inflation and economic uncertainty. Additionally, the weakening of the US...

zaidhatem

The US dollar against the Japanese yen may return to the bullish path next week, after the US Federal Reserve raised interest rates and stated that it will continue to raise interest rates in the coming year. All this may increase the strength of the dollar. Here, the dollar is seen breaking a downtrend on the four-hour time frame and testing it, and for this I...

zaidhatem

Everything is clear on the chart, technically. I see that gold will collapse, while waiting for the dollar's strength to return again.

zaidhatem

Hello dear traders, this is my view of the dollar's movement in the coming week, everything is shown in the drawing

zaidhatem

The price is on its way to form a head and shoulders on the hourly and daily charts, to see what will happen in the coming days.

zaidhatem

The yellow metal may change its course after the NFP news was issued in favor of the US dollar. Next week, the picture will become clearer for the future movement of gold. Gold was unable to breach the psychological resistance level of 1800, it touched it, but did not close above it, and for that, I expect the movement to be bearish regarding gold. Do you think...

zaidhatem

Everything will become clear after the news, so there is no need to rush, secure your positions and place your stop loss, and with regard to this idea, it is my expectation on the direction of gold, as the NFP data came positive for the US dollar and the unemployment rate was less than expected.

zaidhatem

The reasons that push me to sell this pair include a sub-trend touching the upper channel, resistance on the large frims, the pair is exhausted from the upside, and the buyers are still in the process of closing the buying positions. The four golden rules of trading 1 Don't be greedy 2 Always use stop loss 3 Never add other positions to the losing positions 4...

zaidhatem

The dollar is still resisting the rise and it has signs of weakness, and I expect the next movement to be downward, especially with the somewhat lower inflation and the comments of the Monetary Policy Committee from the Federal Reserve members to reduce interest rates on the US dollar during the coming months. We wait and see what next week has in store for...

zaidhatem

Gold is still in an upward trend until the opposite is proven, so the next move is likely to be towards levels above 1800. Gold is inversely linked to the US dollar, so it is likely that the dollar is currently in a state of weakness, but the strength of the dollar is getting sick but not dying. Therefore, caution should be a friend of our trading when we trade...

zaidhatem

I am a fan of large timeframes, so I like to look at large timeframes so that the idea of ​​trending for a particular pair becomes clear to me. The Australian dollar against the New Zealand dollar may complete the test of the downtrend that it broke nearly eight months ago. Now it is very close to testing this trend, and it may reverse the trend as soon as...

zaidhatem

Almost a month and a half ago, and the Australian dollar against the Canadian dollar is still on the rise. Will the trend change at the beginning of next week, or is there more rise for this pair? My point: It is an opportunity worth taking and risking (little risk) with a small contract and waiting two to three weeks. In your opinion, will the trend change in...