![Trade ideas for March 28 - April 1](/storage/article/35147/preview/d7L7J1udCuqnYtqE_2560x600_q70.jpg)
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
2022-08-30 • Updated
H4 Chart
Daily Chart
Gold managed to bounce back right after the US Jobs Report on Friday and closed the week near the $1900 resistance. Gold continues to benefit from inflation expectations. Yet, such rebound is unlikely to be sustainable. The technical indicators still suggesting another leg lower in the coming days. The downside retracement may target 1860 and 1850 USD/Oz where we will reassess our medium-term long positions that were issued back in April, while we maintain our stop loss at 1835 for now.
S3 |
S2 |
S1 |
Pivot |
R1 |
R2 |
R3 |
1801.15 |
1841.25 |
1866.42 |
1881.35 |
1906.52 |
1921.45 |
1961.55 |
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
What will happen? FOMC press conference is among the primary methods the Fed uses to communicate with investors regarding monetary policy…
US stock market corrects, gold recovers and the crypto market drops hard! Best trade opportunities during this week in the article! Let’s check the charts and set some goals! NASDAQ (US100) US100 index plunges as the US dollar strengthens…
Jerome H. Powell, the Federal Reserve chair, stated that the central bank can afford to be patient in deciding when to cut interest rates, citing easing inflation and stable economic growth. Powell emphasized the Fed's independence from political influences, particularly relevant as the election season nears. The Fed had raised interest rates to 5.3 ...
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!