Joined April 2016
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21 Apr 2024
#GOLD ignores the short-term correction and is ready to go towards the significant target of $3,000, which is determined by the ascending broadening wedge. Inverted head and shoulder support this surge and breakout from long-term pivot of $2,075 highlight the sustainability of this bullish move.
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Gold Predictors retweeted
Gold remains buoyed above the critical $4,000 support level amid rising inflation pressures, but a stronger breakout is needed to validate the bullish momentum. A hawkish Fed or dollar strength could threaten this recovery.
Read more: fxempire.com/forecasts/artic…
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Gold Predictors retweeted
💴 USD/JPY is approaching the key 160 level as traders brace for major central bank decisions
🏛️ The Fed and BoJ meetings could redefine interest rate expectations and yield spreads
📈 $USDJPY bulls are watching whether policy divergence can trigger a breakout above 160
Full article by @GoldPredictors
fxempire.com/forecasts/artic…
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Jun 13
#Copper is attempting to rebound against gold after testing long-term wedge support.
The ratio has repeatedly found support at this zone over the past two decades.
Another bounce could signal improving economic growth expectations and stronger relative performance from copper.
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Jun 13
The S&P 500, despite bullish patterns, faces valuation pressures from rising yields and tariff risks that could dampen momentum. A breakout above 7,600 is key to targeting 8,000, but increased caution is warranted.
Read more: fxempire.com/forecasts/artic…
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Jun 13
#Gold completed a massive cup pattern above $2,100, triggering a powerful advance to new record highs.
The price is in correction mode to find the next buying opportunity.
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Jun 13
#Silver attention now shifts to whether the former resistance region $30-$50 can hold as support during the current consolidation phase.
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Jun 12
#Gold spent years building a base inside a long-term ascending channel before breaking above major resistance near $2,000.
The breakout triggered a powerful rally, driving price to new record highs.
The recent pullback appears to be a correction after the sharp advance, with the price now correcting after the strong rally.
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Jun 12
#Silver rebounds from the support of the wedge.
#Silver is consolidating above the lower boundary of a descending wedge.
Price has repeatedly found support in this area, keeping attention on the wedge structure.
A sustained hold above support could allow a move toward wedge resistance, while a break below it may signal a deeper corrective phase.
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Jun 12
#Silver rebounds from the upper range of buy zone.
Jun 10
#Silver has slipped below its major ascending trendline following a sharp pullback from recent highs.
Sustained weakness below trendline support could expose the $50-$60 buy zone, while a recovery back above the trendline may help stabilize price action.
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Jun 12
#Silver rebounds from the first support of this drop. This support was significant.
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Jun 12
#Silver continues to consolidate after its strong advance from long-term breakout levels.
The breakout above the rising channel fueled a sharp rally to new highs before profit-taking emerged.
The current pullback appears to be a pause within the broader trend, with key support levels remaining intact.
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Gold Predictors retweeted
Jun 11
Gold faces short-term pressure as investors pivot to U.S. equities, yet long-term bullish evidence remains compelling. The $4,000 support zone may offer a key buying opportunity, reflecting continued demand amidst rising Treasury yields.
Read more: fxempire.com/forecasts/artic…
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Jun 11
#Silver remains under pressure within a descending channel, with repeated rejection near channel resistance keeping downside momentum intact and maintaining focus on lower support levels.
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Jun 11
Oil prices are on edge as escalating tensions in the U.S.-Iran conflict reignite supply fears. For WTI, a breakout above $97.50 could propel prices to $105, while Brent must defend $90 to maintain bullish momentum. 📈
Learn more about trading crude oil: fxempire.com/forecasts/artic…
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Jun 11
#Gold broke the rising trend line and look for further downside towards the buy zone.
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Jun 11
#Gold has broken below the lower boundary of an ascending broadening wedge after a sharp pullback from record highs.
The breakdown signals weakening momentum and keeps the focus on lower support zones as downside pressure persists.
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Jun 10
#Gold slips below a key rising trendline support.
The breakdown signals weakening momentum after the sharp rally to record highs and shifts focus toward lower support levels.
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Jun 10
#Gold remains under pressure within a descending channel, with the $3900–$4000 zone now in focus as price drifts closer to key support.
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Gold Predictors retweeted
Jun 10
As $BTC struggles to hold the crucial $60K level amid escalating geopolitical tensions, its relative weakness against gold signals a risk-off sentiment in markets. A breach below this support could unlock deeper declines towards $50K, heightening bearish outlooks.
Read more: fxempire.com/forecasts/artic…
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Jun 10
#Gold has broken below the lower boundary of a triangle pattern, signaling that the recent consolidation is resolving to the downside.
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