BeyOglu - The Analyst

🚨 HUGE crash in Asian Markets.

Over $970 billion has been wiped out from Asian stock markets today.

🇯🇵 Japan: $350B erased (51 trillion yen)

🇨🇳 China: $360B erased (¥2.6 trillion yuan)

🇭🇰 Hong Kong: 110B erased (HK$860 billion)

🇹🇼 Taiwan: 140B erased (NT$4.1 trillion)

🇦🇺 Australia: 10B erased (A15 billion)

Nearly 1 trillion has been wiped out across Asia in a single trading session.

The Price has been below the SL if you're Trade is still active keep the trade continue, if you want to enter again trade is still valid

GBPUSD long Entry 1.34784-1.3475
Target 1: 1.35
Target 2: 1.353
Target 3: 1.356
Stoploss 1.3450

P.s Market stoploss at breakeven after TP 1

gold $XAU might pump again today, avoid playing shorts for now specially in gold, EURUSD and GBPUSD.
Offering best long opportunity.
Enter current market price 4030.
stoploss 4020
Target 1: 4075
Target 2: 4105

EMINDER: 🇺🇸 US CPI DATA DROPS TODAY AT 8:30AM EST!
Previous: 4.2%
Forecast: 3.9%
IF INFLATION COMES IN HOTTER THAN EXPECTED, MARKETS COULD CRASH HARD...
Turn on notifications for updates. 🔔

Gold Technical Analysis and Price Forecast.
Gold plunge almost 3% yesterday as the geo political tension rises in middle east. Gold ($XAU ) falls below $4,000, at the time of writing this on Tuesday Gold is trading near $4,025$. Traders are waiting for USA CPI data announcement. If the CPI data will announce higher than previous or higher then expectation than Gold price may suffer more and might falls below $3,950. However a lower CPI announcement can bring a drastic surge in Gold.

The Relative Strength Index RSI is at 39 lower then the level of neutral highlighting the strong selling pressure. while Moving Average Convergence Divergence MACD orange line is near to flip blue line forming light green histogram indicating that the demand is getting weaker and the hold of bearish momentum.

Resistance $4,120, $4,080 and $4,040-50
Support: $4,000, $3,970, and $3,950

Gold $XAU short Trade Setup
Entry $4,040-$4,050
Target 1: 4010
Target 2: 3990
Target 3: 3960
Stoploss: 4080

USDJPY long Entry 161.450-161.550
Stoploss: 161.300
Target 1: 161.700
Target 2: 161.950

GOLD $XAU USD short entry: 4085-4995
stoploss: 4140
Target 1: 4050
Target 2: 4025
Target 3: 3985

Gold plunge 2.27% yesterday as the geo political tension rises.
Gold $XAU face rejection from the key psychological resistance price level of $4,135, after the sharp decline of almost 2.27%.
Gold found support near $4,025. At the time of writing this gold is trading near $4,070 and retesting the descending trendline.
Overall trend is still downside. The Relative Strength Index RSI is at 40 lower than the level of neutral, aiming downward indicating the bearish momentum.
Resistance: $4,140 and $4,115.
Support: $4,050, $4,025 and $3,980.

Massive price correction into gold $XAU after the Trump announcement of end of ceasefire.

GOLD $XAU turned Technical Bearish after the sharp price decline yesterday and Moving Averages form bearish Divergence 200-SMA flip 50-SMA.
The price of Gold falls below $4,100 after retesting the key psychological resistance point level of $4,200. At the time of writing this GOLD is trading near $4,130. Technical sentiments are bearish, Traders are waiting for FOMC minutes announcement.
Resistance: $4,200 and $4,140.
Support: $4,115, $4,050 and $3980.

I caught this dip or Lorenzo protolcol $BANK

GOLD $XAU short entry: 4085-4005:
stoploss: 4125
Target 1: 4080
Target 2: 4040

The Price of GOLD XAUUSD went parabolic yesterday during the Asian session.
GOLD $XAU surge yesterday more than 3% after the sharp decline on previous day, If dollar keeps getting weaker we might see a good upward rally in GOLD.
All eyes are on economic data of US employment rate and non-farm payroll, If the data comes in the favor of dollar we might see a sharp decline in Gold again.

Gold $XAU Technical Analysis and Price Forecast.
Gold is consolidating above the key psychological support of descending wedge pattern, and continuously struggling to make a pullback. At the time of writing the Gold is currently trading below $4,000. Dollar continuously gaining strength that is working is a catalyst for Gold bears.
Traders are waiting for todays Non-Farm payroll announcement and USA Fed speech, if the result will come in the favor of dollar then risk asset like gold and silver may drop sharply. If gold breakdown the support of $3,950 then the price may fall below $3,900.
The Relative Strength Index RSI is at 32 higher then the oversold level and lower then level of neutral aiming downward indicating the bearish momentum. While Moving Averages are near to make a death crossover 50-SMA is near to 200-SMA indicates the strong bearish momentum.
However a pullback from the support of $3,950 can extend the pump towards $4,100.
P.s: This is not a financial advice do your own research.

Gold $XAU Technical Analysis and Price Forecast.
Gold plunge below $4,000 last week as the Middle east tension escalate. Sellers are more interested in Gold as Dollar is continuously getting strong.
Gold tested the key psychological support of descending channel and form a lower low near $3,960. At the time of writing this Gold is trading near $4,060.
$4,140 and $4,200 are reacting as resistance price level, while $4,020 and $3,900 are reacting as support.
If gold will make a day close above $4,080 than gold could extend the pump towards $4,200. However a day close below below $4,020 than it can extend the decline towards $3,900.
The Relative Strength index RSI is at 36 lower than the level of neutral, aiming downward indicating that the bearish momentum.
Moving Averages on daily time frame are near to make Death Crossover 50-DMA is near to flip 200-DMA.
#XAU

My charting often surprised me 😆
Gold $XAU consolidating on the support trend line of descending channel, I'm expecting a pullback from this support trend line towards 4230$.
This is not financial advice do your own research.
#XAU

Gold $XAU short entry 4195-4210
Stoploss 4240
Target 4165

$BTC is struggling to break above the key resistance price level of $65,530. At the time of writing this bitcoin is trading near $64,000. Bitcoin has to make a day close above $65,530 to keep the bullish momentum continue. However a rejection from $65,500 might result in the fall of price towards $60k.