marketreaderz

marketreaderz

Gold forms Congestion Zone in high value area. BBMA indicator with upper band turns red. Stochastic Momentum indicator gives Short signal. When the price breaks out of the Congestion zone to the bottom, enter a Short order. Note, this is a signal on the daily time frame.

marketreaderz

VNINDEX has surpassed its previous short-term peak with moderate volume. The current hammer candlestick has small volume, the uptrend is no longer strong, few people are buying, the increase is in doubt. VNINDEX has increased in a very long wave before, it is easy to have a correction wave, you need to be cautious when buying stocks in the short term.

marketreaderz

Gold has been moving sideways in a downtrend for over 2 months, starting from December 2022. On February 29, Gold broke out of the sideways trend, we can consider a Long entry here. RSI and VPA indicators broke out of the trendline, reinforcing the uptrend.

marketreaderz

BBMA just experienced a weak double top pattern, because the measuring force started from the unbroken candlestick. VNindex has crossed up the upper band of the Moving Average, showing that the uptrend has begun. Target at points: - SMA20 of Bollinger Bands (1164), - MA50 (1195), - Or Upper Band of Bollinger Bands (1237)

marketreaderz

Gold touched the second support level in the daily frame and then rebounded. Gold creates a Base on October 10, 2023 at the price of 1862 to consolidate for further increases. Currently, gold has broken through the last blue resistance zone, and will not stop until it reaches the yellow resistance zone. Let's wait for gold to reach 1900 and watch the price action here.

marketreaderz

On the 2H time frame, XAUUSD crosses above the Ichimoku cloud, indicating that an uptrend has begun. Gold price rose to 1923, then crosses below the clouds of Tenkan and Kijun. Gold prices are currently exposed to Ichimoku clouds, where futures clouds are green, indicating that the uptrend is still present. It is predicted that the price of gold will rebound at...

marketreaderz

After the strong drop of last week, VNindex continued its uptrend this week. It is expected to be the next strong uptrend. "Stock Screener" indicator allows viewing of buy signals of 40 codes at once. Helps us save time when screening stocks.

marketreaderz

In 1M timeframe,the price bar is still above Fast Trendline (blue line), it means that the trend is still strong. Gold made strong resistant zone at 2070 price level. The price made a pin bar in Mar 2022 with high strong volume but reversed. The volume is now low, under MA20. In my opinion, there are two scripts: - (1) Price will break the 2070 resistant zone....