Mongezi_Mayaba
@t_Mongezi_Mayaba
What symbols does the trader recommend buying?
Purchase History
پیام های تریدر
Filter
Signal Type
Mongezi_Mayaba
Gold showing signs recovery in the recent week. If it retests and holds above US$1924.228 we can confirm that it will target the price of $1951.290. Another confluence to this is DXY's break below 105.366. If DXY rejects this level and shows momentum to the downside, it will be confirmation of the move on gold...
Mongezi_Mayaba
With the recent downward spiral of bitcoin crashing all the way to 24.7K ...I see a recovery eminent, preferably at the last demand zone of $24 773. This is also backed up by a wearing dollar that will result from the easing of interest Rates in the US economy.
Mongezi_Mayaba
Gold started to takeout a Monthly High that it has traded under for 6+ years as a result of bullish uprally starting in 2018-19. This momentum has shown no signs of stopping despite evidence of a bearish presence within the market. What we can enticipate now is Gold retracing to the4HR low to gather liquidity and allow sellers to take profit and then rally up with strong momentum to take out the weekly resistance level, fill all these order gaps and take out the weekly high...I would enticipate this move to occur within the next two weeks.
Disclaimer
Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.