Buy Gold @2390-2386
Sl :2384
Tp1 :2392
Tp2 :2394
Enter Slowly-Layer with proper money management
Do not rush your entries
XAUUSD remains elevated on worries about tensions in the Middle East
The gold (XAU) price moved within $2,364–$2,397 on Tuesday but finished the day essentially unchanged.
👉 Possible effects for traders
The precious metals market is counterbalancing between safe-haven demand and rising expectations of fewer U.S. rate cuts this year. On the one hand, ongoing tensions in the Middle East and the uncontrollable expansion of the U.S. national debt increase the metal's appeal as investors rush to buy safe-haven assets. On the other hand, strong U.S. macroeconomic statistics make it more likely that the Federal Reserve (Fed) will keep its base rate higher for longer.
'The market is in pause mode, waiting for the other shoe to drop on this Israeli-Iran confrontation. You will see another rally in gold if the situation escalates,' said Jim Wyckoff, senior analyst at Kitco Metals. 'If the Middle East conflict de-escalates, market focus will turn to the Fed. It has become apparent that the Fed is not going to be able to cut rates soon, which is a bearish element for gold and silver markets,' he added. Deutsche Bank now forecasts gold prices to reach $2,400 by the end of the year and $2,600 in December 2025.
XAUUSD was essentially unchanged during the Asian and early European trading sessions. The economic calendar is rather uneventful today, so gold will likely follow technical trends. However, the upcoming speeches by Fed officials at 9:30 p.m. and 10:30 p.m. UTC might trigger some volatility. Yesterday, the Fed's Chairman, Jerome Powell, did not provide details on when the regulator may cut interest rates, saying that monetary policy needs to be restrictive for longer. 'Spot gold may test support at $2,367 per ounce, a break below which could be followed by a drop into a range of $2,345–$2,354,' said Reuters analyst Wang Tao.
Gold running 30pips from lowest entry!
To those that still holding, Lets close highest since high impact news incoming, let’s trade smart and lower down the risk with set your breakeven.
BTCUSD, 30-minute timeframe chart
BTCUSD retested the resistance level of 67,650.00
👉 Level explanation
BTCUSD has been trading in a bearish trend for the last couple of hours.The pair moved up to the resistance level of 67,650.00.
👉 Possible scenario
The best way to use this opportunity is to place a Sell order at 66,436.00.
Set your Stop Loss at 68,400.00 above the previous high ($19.35 loss for 0.01 lot) and Take Profit at 66,475.00 ($19.35 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
Some traders may close their positions on Friday, which can add more pressure to the market.
Buy Gold @2154.4-2150.4
Sl :2148.4
Tp1 :2156
Tp2 :2160
Enter Slowly-Layer with proper money management
Do not rush your entries
AUDCHF BUY @ 0.5762
TP: 0.5782 (scalper)
TP: 0.5812 (intraday)
TP: 0.5862 (swing)
SL: 0.5695
▪️Use money management 2-3%
CADCHF BUY @ 0.6520
TP: 0.6540 (scalper)
TP: 0.6570 (intraday)
TP: 0.6620 (swing)
SL: 0.6455
▪️Use money management 2-3%
EURJPY BUY at 163.20
Take profit 1=163.40
Take profit 2=163.70
Take profit 3=164.20
Stop loss =162.98(22PIPS)
Round 1 Zero float 45pips✅
Let’s CLOSE our profit now and set breakeven if you wish to hold now‼️
What a great way to start our day🔥🔥🔥
USDJPY hits a 34-year high on Jerome Powell's hawkish remarks
The Japanese yen (JPY) lost 0.28% in a rather volatile trading session on Tuesday.
👉 Possible effects for traders
Initially, USDJPY dropped below the critical 154.00 level as traders feared a possible intervention by Japanese authorities after Shun'ichi Suzuki, the Japanese finance minister, stated he was 'watching closely' the Forex market and would take a 'thorough response as needed'. Jerome Powell, the Federal Reserve (Fed) Chair, delivered a hawkish message on Tuesday, boosting the U.S. dollar. Powell noted the lack of further progress in tackling inflation and mentioned that interest rates may need to remain higher for longer. Thus, investors had to reassess their expectations of interest rate cuts by the Fed.
At the same time, the market continues to expect the Bank of Japan (BOJ) to deliver roughly 25 basis points (bps) of rate hikes in 2024. However, it is unknown when and to what extent the Japanese authorities might intervene to prevent rapid depreciation of the JPY. 'Intervention can only work today to slow or manage the pace of depreciation but cannot turn a trend. And it's actually very costly. The big challenge for a number of these Asian currencies is that as long as U.S. bond yields keep grinding higher, you're not going to get a lot of success because you're fighting a wider yield spread,' said Kenneth Broux, head of corporate research, FX, and rates at Societe Generale.
USDJPY was unchanged in the Asian and early European trading sessions. The economic calendar is rather uneventful today, so USDJPY will likely follow established technical trends. However, the upcoming speeches by Fed officials at 9:30 p.m. and 10:30 p.m. UTC might trigger some volatility. The main event for the pair will arrive on Friday when the Statistics Bureau of Japan publishes its national core Consumer Price Index (CPI) report. Higher-than-expected figures will almost certainly trigger a strong downward correction in USDJPY, potentially below the important 153.000 level. Conversely, lower-than-expected results will likely push USDJPY higher, increasing the risk of interventions by the Japanese authorities.
ALL THE WAY SMASHED TP2//55pips✅
Let’s CLOSE our profit now and set breakeven if you wish to hold now‼️
We focus on scalping traders🔥🔥🔥
Buy Gold @2167-2163
Sl :2161
Tp1 :2168.7
Tp2 :2171
Enter Slowly-Layer with proper money management
Do not rush your entries
Sell Gold @2166.7-2170.7
Sl :2172.7
Tp1 :2165
Tp2 :2162
Enter Slowly-Layer with proper money management
Do not rush your entries
#Inshallah
Good morning, trading enthusiasts! 🌅
As the sun rises, so does our determination to conquer the markets.
Stay sharp, stay resilient, and let's approach today's trading session with confidence and courage.
Together, we'll make waves in the world of finance! 📈💥
Unmute and pin my channel now
Round 2 of the day zero float TP1✅
Let’s CLOSE half profit and set breakeven+ if you wish to hold now!
Rise and grind, traders! ☕️
Today is another opportunity to turn your dreams into reality.
Stay hungry for success, stay committed to your goals, and remember that every setback is just a stepping stone to greatness.
Let's make today legendary! 🌟💼
Unmute and pin my channel now
ZERO FLOAT TP2//50pips✅
Let’s CLOSE our profit now and set breakeven if you wish to hold now‼️
What a great way to start our day🔥🔥🔥
SELL USOIL
Price will drop over lower demand and higher supply concern and today higher OIL Inventories
Level - 77.9-79.0
Level2 - ##
TP-76.9
SL-1 pt
Hey there, early birds! 🐦
The secret of success is to be ready when your opportunity comes.
Start your day with determination and positivity. The markets await your skillful moves and strategic decisions. 🔥
Trust in your abilities, stay patient, and let's navigate the trading waters together. Here's to a profitable day ahead! 💰📊
Unmute and pin my channel now
Buy Gold @2098.1-2094
Sl :2092
Tp1 :2100
Tp2 :2103
Enter Slowly-Layer with proper money management
Do not rush your entries