Showing posts with label commodity trading. Show all posts
Showing posts with label commodity trading. Show all posts

Tuesday, 1 March 2022

๐Ÿ“•Analysis on Gold on March 1, 2022:

- In yesterday's trading session, after the precious metal GAP rose to 1930, there were signs of decreasing and filling the GAP. Yesterday's closing session was around 1908. Although it ended the day with a bearish candle, it was a retreat candle and one more thing was that yesterday's Russia-Ukrainian negotiations were basically unsuccessful. As expected, there needs to be further negotiation so Gold still has many factors to boost the uptrend. - Moving to the H4 time frame, we can see that the price area around 1896-1900 is still the closest support area for precious metal Gold. Here we can establish a long position with a safe target around 1914 and expect 1920 in today's session.





Thursday, 24 February 2022

✍️ Analysis of Oil on 24/02/2022:

๐Ÿ”บ About news:
 - Oil prices rose 5% on news of Russian military activity.  At noon on February 24, the price of Brent oil futures at one point exceeded $102 per barrel before falling slightly to $101.  Meanwhile, the price of WTI oil also increased by nearly 5%, to nearly 97 USD per barrel.

 - Analysts said that if the situation in Ukraine continues to be "hotter", it will trigger a wave of sell-offs in the stock market.  Investors will flock to safe havens like gold.  Oil prices will also skyrocket, even reaching 150 USD/barrel.

 - Armed conflict not only poses a risk to the facilities of the mining, refining and petrochemical industries, but also causes supply to be tighter if Russia responds to sanctions by "locking the valve" of oil.

 - Europe, which imports 25% of Russian oil and 40% of gas, will be severely affected if the Kremlin cuts off the supply of 3 million barrels of oil per day to this region.

 "Russia meets 30-40% of the gas needs of the whole of Europe every year.  No other country can replace it, even providing gas in the form of liquefied petroleum gas,” Al-Kaabi said.  “LNG trading contracts are signed in the form of a permanent, clear shipping location.  It is impossible to replace this huge amount of gas with LNG immediately.”


 ๐Ÿ‘‰ In short, through the above news, we can see that the picture of the crisis in energy is pushed to the climax and the possibility of a further increase of oil is completely happening.  On the technical chart, the nearest price level that oil is heading to is 105-110$ and if there is a slight decline to around 90-94$, this is the ideal price area for us to establish a buy position.  with the same goal as above!

Wednesday, 23 February 2022

๐Ÿ“• Comment on Gold on February 23, 2022:

 

- In yesterday's session, precious metal Gold, after bouncing up to 1913, fell to 1891, then fluctuated in two directions in 1894-1905, closing the day session with a bearish candle around 1898. Although it closed with a bearish candle, the decline in Gold was not strong and the criticized between the US and Russia related to the Ukraine crisis boosted safe-haven demand for the precious metal. So in my personal opinion Gold will still be supported uptrend in today's session. - Currently around 1893-1898 is the closest support area for this precious metal, where investors can establish a buy position with a safe target around 1912 and expect it to be around 1912. 192x in today's trading session.

Tuesday, 22 February 2022

Prediction on Gold on 22/02/2022:

- In yesterday's trading session Gold only fell slightly to 1887 then bounced back to around 1905, closing the day session with a bullish candle around 1903. With the Russia-Ukraine crisis escalating. The high again makes the prospect of reconciliation between the parties dim at the moment, so in my opinion, Gold will continue to be pushed up in today's session.

- Switching to a smaller time frame of H4 we can see that Gold is unlikely to have a big correction and the 1905-1902 price zone is the closest support area to push this precious metal up with a safe target. will be 1916-1921, expect to be 193x in today's trading session.

Monday, 21 February 2022

๐Ÿ“• Comment on Gold on February 21, 2022:

- In the last trading week, precious metal Gold had a good week of growth from 1844 to 1902, closing the week session with a bullish candle around 1898, this is the highest price range that Gold reached. within the past 7 months. With Gold showing such good upward force, in my opinion in the coming time this precious metal will continue to conquer the next peaks.

 - Early this morning Gold bounced slightly to the 1908 price zone, this is the resistance zone of precious metal Gold and the possibility of a slight downward correction, so we can establish a sell position with this metal with The safe target is around 1885. Here we will wait for the price reaction to see whether to buy or not, then I will have an update.


Friday, 18 February 2022

Comment on Gold on February 18, 2022:

 - In yesterday's trading session, precious metal Gold rebounded strongly from 1867 to 1901, closing the day session with a strong bullish candle that broke the previous resistance area of 1878.  With this overwhelming bullish force, in my opinion, precious metal Gold will continue to gain momentum in today's session.

 - Moving to the H4 time frame Gold is currently having a slight downward correction and I expect Gold to fall around 1880-1885, this is the closest support price to the precious metal Gold that we can establish.  establish a buy position with a safe target around 1902 and expect 1910-1915.



Wednesday, 16 February 2022

๐Ÿ“• Comment on Gold on February 16, 2022:

 - After touching the right analytical price zone of 1878 precious metals Gold dropped quite strongly to 1844, closing the day session with a bearish candle around 1853. This is also the closest support area for metals. gold and in my personal opinion the possibility of Gold recovering slightly in the early hours of this morning.

 - Looking at the H4 chart frame, we can see that Gold is currently leveling off at MA20 and in my opinion Gold can recover to 1858-1861 we can establish a buy position with this precious metal with the aim spend as above. After coming here, the possibility that Gold will experience downward pressure, I will update later.

Tuesday, 15 February 2022

๐Ÿ“•Analysis on Gold on February 15, 2022:

- In yesterday's trading session, it was quite unfortunate that Gold had not touched the limit price range, the price only dropped to 1850 then bounced up to 1874 and closed the day session with a bullish candle around 1871. Gold's rebounding force This is something we can all see, but currently Gold is facing a resistance zone around 1876-1878. In my personal opinion, we will wait for Gold to correct so that we can establish a buy position in today's session. - The nearest support area for this precious metal is around 1858-1861. We can wait until Gold corrects to be able to establish a buy position with the target to break "old 1878 high.


Monday, 14 February 2022

DAILY NEWS HIGHLIGHTS! On Date: 14 February 2022

๐Ÿ“Œ Saudi Arabia transfers Aramco shares worth $80 billion to state fund. The state remains the largest shareholder in Saudi Aramco after the transfer process, as it retains more than 94% of the company’s shares, the statement said.


๐Ÿ“Œ The Federal Reserve’s rate debate and Ukraine tensions could jolt markets in the week ahead. Producer price inflation data Tuesday and Fed minutes Wednesday will be important releases. 


๐Ÿ“Œ Crypto Lender BlockFi to Pay $100 Million In Settlement with SEC, States. Settlement with SEC and states could come as soon as next week. BlockFi faces probes into selling unregistered securities.  


๐Ÿ“Œ Russians Have Already Started Hybrid War, Ukraine Says. For Russia to create havoc in Ukraine, it may not need to launch an all-out invasion. Ukrainian officials say that Moscow is stepping up a destabilization campaign involving cyberattacks, economic disruption and, most recently, hundreds of false bomb threats. 


๐Ÿ“Œ Omicron’s Threat to the Global Economy Runs Through China. The U.S. and Europe are learning to live with the virus, but Beijing’s zero-Covid strategy could lead to recurring lockdowns and limit exports the rest of the world relies on.

Friday, 11 February 2022

Analysis on Gold on 11/02/2022:

- In the US session last night after the US inflation-CPI data was released Gold ran in two directions when it fell to 1821, then increased to 1841, then fell back again, closing the day session with a candle.  declined at around 1826. With Gold closing the day as a bearish candle but still at a high price, I still prioritize the bullish option with this precious metal.

- Moving to the H4 time frame, we can see that the downward pressure is still quite strong around the 1835 price area so if we establish a buy position, this is a safe profit taking point.  The nearest support price zone for this precious metal Gold is 1818-1823. If in today's session Gold corrects to this zone, we can establish a buy position with the above target.


Thursday, 10 February 2022

๐Ÿ“•Prediction on Gold on 10/02/2022:

- In yesterday's trading session, Gold rose exactly as analyzed when it rose from 1824 to 1835 ($11) and closed the session with a bullish candle around 1833. However, the uptrend is dominant. dominant but in my personal opinion Gold will probably have a slight correction here.

- We can easily see that the precious metal Gold is at the resistance area around 1835, this is a relatively strong resistance area so it will not be suitable to establish a buy.on with Gold anymore. In my opinion here we can set up a small short position on this precious metal, target 1825-1820. When Gold reaches around the 1820 threshold, we will begin to consider the option to buy in with this precious metal.

Wednesday, 9 February 2022

๐Ÿ“• Comment on Gold on February 9, 2022:

- In yesterday's trading session, precious metal Gold went right in analysis when it increased from 1815 to 1828, closing the day session with a bullish candle around the 1825 price range. With Gold showing good momentum like Currently, in my personal opinion, Gold will continue to gain momentum and if there is any decline in Gold, it is likely to be an opportunity for us to establish a buy.

- Moving to the h4 time frame, we can see that Gold is currently in the old resistance area at 1828, so there is a possibility that there will be a downtrend but however, the strong bearish signal has not been seen yet and it is likely to follow. Gold will bounce up one more span to around 1835, it is likely to correct here. Therefore, in today's session, we will wait for the opportunity to buy if Gold corrects slightly in the Asian session and wait to sell if Gold approaches the price of 1835.

Tuesday, 8 February 2022

๐Ÿ“•Analysis on Gold on February 8, 2022:

- Closing yesterday's session precious metal Gold ran exactly as analyzed when it rose from 1806 to 1823 ($ 17) closing the day session with a bullish candle around 1820 and the possibility of following me Gold will continue to be boosted up momentum in today's session.

- Moving to the H4 time frame, we can see that Gold is currently showing some signs of slowing down at the 1823 price area and I expect Gold can correct down slightly before bouncing up to a higher price zone. At the beginning of today's session, I expect Gold to correct around the 1813-1816 price zone, which is also the closest support zone to the precious metal Gold. The safe target would be 1825-1830.

Monday, 7 February 2022

Today Gold Prediction on February 7, 2022:

 - In the last trading week, we can see the precious metal Gold was mainly sideways in the range from 1788-1815, closing the week session with a bullish candle around the 1807 price range. With this week's candle.  If it doesn't drop like the previous week, plus it closes with a bullish candle, in my opinion Gold will continue to move sideways and accumulate in a wide range.

 - Switching to the daily chart time frame, we can see that the past week has been a continuous period of retreating candles, showing that the buying power is quite good when the price corrects around the 1794-1800 zone, so in my opinion  My personal point if in today's trading session Gold has a correction near the upper price zone, that is a good price zone so we can establish a buy position with a safe target of 1818 and far.  than 1825.


Friday, 4 February 2022

Make yourself a better trader at all market :

True in Trading too. It is difficult to make easy profits following the crowd. Make yourself a better trader at all market conditions by learning and backtesting the unique trading startegies 

Applicable for Traders while holding any trade positions. Agree?


Ask yourself:What do you feel while holding your trade positions?

How to Control your Emotions in trading?

✅You can reduce your trading account leverage to 1:100 and give the password access to your friend or loved one and tell them to change it. (password access for your brokerage website where you can change leverage)

Now you are going to trade with a small lot size. This will help you to self improve yourself in handling emotions for taking high lots. 

Be patience with this process. You will definitely see a good result.

We always want you to trade safe at all the market conditions.

Those who think -  You feel fear, frustration, anxiety, impatience, tension, etc. while holding the trade positions.


Please ask yourself : How can you reduce this?

If you use a small lot size, can you reduce your fear, anxiousness, impatience...? 

If you behave well using a small lot - that would be great. 

Use small lot size at all the times. when you feel confident about the trade setup, you can increase your lot size. but don't be over confident.


Wednesday, 2 February 2022

DAILY NEWS HIGHLIGHTS! On 2 February 2022

 ๐Ÿ“Œ Metaverse real estate sales top $500 million, and are projected to double this year. So far, real estate sales have been concentrated on the “Big Four” — Sandbox, Decentraland, Cryptovoxels and Somnium. 


๐Ÿ“Œ Sony to buy video game maker Bungie in $3.6 billion deal as industry consolidation heats up. Bungie is behind the multiplayer shooter games Destiny and Halo, the latter of which it developed until 2010. Technology companies are increasingly interested in gaming as they look to expand audiences and prepare for future iterations of virtual- and augmented-reality devices.


๐Ÿ“Œ China plans crewed moon mission, tourism and Jupiter exploration in space race with the U.S.. China has had some notable space successes in the past few years including launching an uncrewed mission to Mars and beginning construction of its own space station.


๐Ÿ“Œ Covid-19’s Economic Fallout Batters Latin America. The region is bracing this year for rampant inflation, low growth and high interest rates that spell hardship for tens of millions of people in poverty as businesses struggle to survive.


๐Ÿ“Œ Bond Market Hints at Calm After Disruptive Selloff. Yields on longer-term U.S. government bonds have shown signs of stabilizing in recent days, easing the pressure generated on stocks by their rapid early-year climb.


Tuesday, 1 February 2022

๐ŸŒDAILY NEWS HIGHLIGHTS! ๐ŸŒ Date: 1 February 2022 :

๐ŸŒ๐Ÿ“Œ Cryptocurrency exchange FTX hits $32 billion valuation despite bear market fears. FTX, which offers derivatives products as well as spot trading, is one of the world’s largest digital currency exchanges. FTX has built up a war chest of funds at a time when crypto prices have sunk considerably. 


๐Ÿ“Œ U.S., Russia Square Off in Rare U.N. Security Council Debate. The U.S. criticized Russia about its buildup of troops near Ukraine and sought to isolate Moscow on the international stage over the military standoff.


๐Ÿ“Œ Fed’s Policy Shift Ripples Through the Housing Market. The central bank had been the biggest buyer of mortgage bonds, but now it is stepping back and borrowing costs are rising. 


๐Ÿ“Œ Russia-Ukraine Tensions Drive Global Wheat Prices Higher. The two nations account for just under a third of global wheat exports, much of which goes to the Middle East to keep bread prices affordable.


๐Ÿ“Œ Caribbean Digital Currency, DCash, Remains Offline for Second Week. Launched in March, DCash is used by seven Caribbean nations. The Eastern Caribbean Central Bank launched DCash, making it the first monetary union in the world to use a central bank digital currency, or CBDC.


Friday, 28 January 2022

๐Ÿ“•Analysis on Gold on January 28, 2022:

- In yesterday's trading session, precious metal Gold continued to decline strongly from 1821 to 1791 ($30) and closed the day session with a bearish candle around 1797. However, gold's downward force is not possible.  debatable but in my personal opinion this decrease is likely to slow down today.

- Moving to the h4 time frame, we can see that Gold is in a recovering trend and I expect Gold to recover to around 1805 then it is likely to drop again.  So in the early trading session of this morning, we can surf above this price range and wait for the price reaction around 1805. One more thing, the 1785-1790 price zone is a relatively strong support zone in my opinion.  Gold will need more time if it wants to break, so investors can buy up today if Gold returns to this price range.


Thursday, 27 January 2022

๐Ÿ“•Prediction on Gold on January 27, 2022:

- In yesterday's session, precious metal Gold had a decline from 1849 to 1814 ($35) and closed the day session with a strong bearish candle around the 1819 price range. Although it closed with a candle.  declined but in my personal opinion Gold is currently entering a strong support zone and is likely to have a recovery at the beginning of today's session.

 - We can establish a buy position from the price zone 1812-1817.  This is a strong support zone for this precious metal with a safe target 1828-1830.


Tuesday, 25 January 2022

Today's 25/01/2022 XAUUSD: (GOLD)

Gold has the same CHART as yesterday.  It seems to us that GOLD is waiting for FOMC MEETING UPDATES.  Anyway, according to the analysis we provided, there are currently 100 PIPS UP.  But with a big RESISTANCE AREA the GOLD price is holding up without letting up.  Somehow the GOLD price seems to be going up to 1860 LEVEL PRICE ACTION WISE.  We are waiting to see how GOLD REACT FOMC UPDATES.


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