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SILVER (#XAGUSD): Classic Breakout Trade
📉SILVER broke and closed above a significant intraday support cluster.
The broken structure turned into strong resistance.
I anticipate a bearish movement after its retest.
The target will be the 56.00 support level.
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4-hour time frame
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GOLD (#XAUUSD): Intraday Bearish Signal?!
📉Gold has fallen below a significant intraday horizontal support level, following the closure of yesterday's opening gap.
Subsequently, the market retested this breached structure and started to consolidate within a confined hourly range.
The support of this range was just broken today, which is considered a strong intraday bearish signal. A further decline to 4020 is possible.
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Hourly time frame
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Repost from N/a
+1
#XAUUSD reached our goal! ✔️
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Repost from N/a
+1
#EURUSD reached our goal! ✔️
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GOLD (#XAUUSD): Another Gap to Trade Today
I think Gold will try to at least partially fill the gap-up opening.
A formation of an inverted cup and handle after a test of strong intraday resistance suggests strong selling pressure.
My signal to sell will be a bearish breakout of the neckline of the pattern.
An hourly candle close below 8084 will confirm a violation; a bullish continuation will be expected at least to the 4056 level then.
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Hourly time frame
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#EURUSD: Classic Gap Trade
I see a huge Gap-up opening on 📉EURUSD.
I have a strong feeling that it is going to be filled soon. A double top pattern on an hourly timeframe and its neckline violation provide strong bearish confirmation.
Goal - 1.1374
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Hourly time frame
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Repost from N/a
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GOLD (#XAUUSD): Intraday Bullish Confirmation?!
I am quite pleased with how gold responded to the intraday horizontal support that was highlighted.
The price subsequently formed a favorable bullish engulfing candle, followed by a noticeable bullish imbalance and a change of character on the hourly timeframe.
I am of the opinion that the market has the potential to continue its upward trend. The subsequent intraday target is set at 4080.
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4H/ Hourly time frame
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SILVER (#XAGUSD): Bullish Move From Support Confirmed
This morning, 📈SILVER is showing a strong bullish move on the intraday chart.
The price violated the neckline of a double bottom pattern on an hourly timeframe.
We anticipate a continued upward movement in the market.
The next target is set at 58.76.
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4-hour time frame
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GOLD (#XAUUSD): Bullish Continuation After Breakout
📈Gold has successfully broke and closed above a significant intraday resistance level today.
This breakout suggests a potential for continued bullish movement.
I anticipated that the pair may soon reach the 4200 level.
We recommend looking for entry opportunities on a pullback.
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4-hour time frame
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BITCOIN (#BTCUSD): Waiting For Breakout
It feels like ⚠️BITCOIN is preparing for a breakout of a key daily resistance level.
Should it successfully breach this level and close above it on the daily chart, this would likely serve as a strong indicator of bullish sentiment.
In such a scenario, there would be a high probability of the market reaching the 70,000 level.
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Daily time frame
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GOLD (#XAUUSD): Time For Pullback
It appears that 📉GOLD is likely to retrace from a significant resistance level.
A bearish change of character on an hourly timeframe offers strong confirmation of the market's overbought condition.
The target is 4102.
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4H/Hourly time frame
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S&P500 INDEX (#US500): Your Trading Plan Explained
The ⚠️S&P500 index is currently testing a horizontal structure that was recently breached. It is highly probable that this level has now become support.
For a confirmed buying opportunity, please observe the formation of a double bottom pattern on the 4-hour chart.
Should the price break and close above 7521, this would provide strong bullish confirmation.
In such a scenario, the market is anticipated to advance to at least the 7584 level.
Conversely, if the price declines and establishes a new lower low, this trading setup would no longer be valid.
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4-hour time frame
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#GBPUSD: Buying Opportunity!
📈GBPUSD may continue rising after a test of a key daily/intraday horizontal support.
As a confirmation, I spotted a double bottom pattern on an hourly time frame.
Intraday goal for buyers: 1.3500
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Daily/1H time frame
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