Charts' Year to Date Performance
As the focus falls on AI, Tech and yields, cryptos are making a solid comeback. Aside from Wednesday's Congressional vote on the debt ceiling, keep your eye on the ball, namely the crucial JOLTS report, ISM and the all important NFP +AHE. What used to be +50% odds of 3 rate cuts in H2 is shifting to a possible rate hike in June careful.
we can see in the picture there is rectangle to the right resemble the buyers in gold i call them trapped buyers and the rectangle to the left is thier stop loss cluster on 1975 . it was on 1980 and stopped in the europe session early but i think we will go there to stop more buyers out we can put buy order there with target 5 dollars / so im selling here targeting 1975 with stops on 2000 or 2005 because there is no stops there and this is the pic https://drive.google.com/file/d/1eN2dB_4Hix66a99c4exvpBP8NkuFboW7/view?usp=sharing
the percent below show the ratio of buyers is now 60% so im seller unles this ratio flip to majority selling not buying
technically the usdx keep under prssure by broken 9-yrs trend and theres is huge wedge on both usdx and usdchf ass these 2 charts very similar i will update this post if not rejected by mr ashraf when we get the taargets keep your trades blue and dont over leverage