📈 Brent Crude Oil (BCOUSD) 📉

Coronovirus keep on killing oil prices. Heading towards 29.6 - 27.3.

@WiseForex #BCO

📈 Brent Crude Oil (BCOUSD) 📉

Unfortunately for world economy forecast targets reached ✅✅ Oil have reached lower low of 2016 year. Before that it was same cheap in 2003 year. This should be a perfect long position in normal circumstances, but I don't see any cure yet that would resume international flights...

Last post: Coronovirus keep on killing oil prices. Heading towards 29.6 - 27.3.

@WiseForex #BCO

📈 XAU / USD 📉

World crisis hit all markets including precious metals. Strong resistance at 1675 rejected price. Now gold is making a bounce. Lets see how far it will take it.

Resistance 1517 - 1547
Support 1488 - 1464

@WiseForex #XAUUSD

📈 Dow Jones Industrial Index 📉

Dow dumped by 38% in 4-5 weeks - now finally having a bounce. Dead cat bounce. Most probably will dip to 17400 as well within nearest month.

Resistance 21000-21400
Support 18200 - 17400 - 16550

@WiseForex #XAUUSD

📈 S&P 500 Index 📉

All charts having a bounce. Orange line is BTC price. as you see, its in correlation with traditional markets. Bounce happens as first wave of fear is getting weaker, but it doesn't mean there won't be a second wave.

Support 2437 - 2355 - 2313
Resistance 2600 - 2666 - 2722

@WiseForex #SP500

📈 S&P 500 Index 📉

Amazing, but SPX bounced from nearest support at 2430 and now flying towards 2666. Don't jump on that leaving train. Better wait for pullback to ~2500 support.

Support 2430 - 2355 - 2313
Resistance 2600 - 2666 - 2722

@WiseForex #SP500

📈 XAU / USD 📉

Gold pulled back to 1575 support and bounced. Doesn't look very bullish. Now has to test ~1600 resistance and, if rejected, will fall lower to 1575-1585 support. Volume at this chart doesn't represent the whole market, but at least gives an idea of how strong market support current move - as you see, there is no support for the bounce. I'm bearish.

Resistance 1600 - 1625 - 1650 - 1666
Support 1575 - 1550 - 1530 - 1515

@WiseForex #XAUUSD

📈 S&P 500 Index 📉

Bounce at SPX finished and now retracement. Should bounce soon either from 2500 or 2440, but that bounce might not be strong. overall market is bearish.

Support 2437 - 2355 - 2313
Resistance 2570 - 2600 - 2666

@WiseForex #SP500

📈 S&P 500 Index 📉

Nice accuracy 👌 Bounced from 2430 and got to 2534.8. But last 4H candle say, that most probably will dump lower to 2355. Short zone ~2500.

🛒 Support 2430 - 2355 - 2313
🎯 Resistance 2570 - 2600 - 2666

@WiseForex #SP500

📈 XAU / USD 📉

Gold doing better. Got above 1600 resistance. Should test it again from the other side and the result will show if its bullish enough or not. But before that retest, might get to ~1640. Since stocks market should be falling, money can go either here or in Bitcoin =)

Resistance 1625 - 1650 - 1666 - 1676
Support 1600 - 1575 - 1550 - 1530 - 1515

@WiseForex #XAUUSD

📈 XAU / USD 📉

Hehey! Gold got to 1650 resistance 🤑 I see it bullish now. May pullback to ~1630, but in general targeting 1676.

Resistance 1650 ✅1666 - 1676 - 1700 - 1720
Support 1630 - 1612 - 1575 - 1550

@WiseForex #XAUUSD

📈 XAU / USD 📉

Target 1676 was there at my chart since the very beginning of this bounce and now it is hit ✅ Wicked to 1675.60 👌Now should be entering same stage as on the last week of March.

For information, red solid lines are the strongest SR levels at my charts. Next red dotted, next solid blue and dotted.

Resistance 1676 ✅ 1700 - 1720
Support 1645 - 1630 - 1612 - 1575 - 1550

@WiseForex #XAUUSD

📈 S&P 500 Index 📉

Didn't get the right direction with SPX last time - bounced just little above 2437 support. Now at important resistance level around 2735-2775. EMA 200 at 2718. If won;t breakout on that move, pullback to retest ~2666 and possibly to 2570.

🛒 Support 2650 - 2570 - 2530 - 2437
🎯 Resistance 2775 - 2815 - 2900 - 2950

@WiseForex #SP500

📈 S&P 500 Index 📉

Perfect short zone. Hit the top of my short zone at 2775 and now pulling back. Considering the fact that within last 3 weeks over 17 million Americans filed for unemployment, and COVID cases still increasing, there is no reason for market to grow yet.

🛒 Support 2650 - 2570 - 2530 - 2437
🎯 Resistance 2775 ✅ 2815 - 2900 - 2950

P.S. Set stop above 2775. Showing some bullish movements. Might pump.

@WiseForex #SP500

📈 XAU / USD 📉

Gold also hit resistance and pulled back to 1645 support. Now show some bullish bounce move. Unlike SPX, I see much more reasons for Gold to grow, so in case of 1676 resistance breakout, it should get to 1697 - 1720.

Resistance 1676 ✅ 1700 - 1720
Support 1645 ✅ 1630 - 1612 - 1575 - 1550

@WiseForex #XAUUSD

📈 XAU / USD 📉

Gold finished week with bullish test of 1676 resistance and doji at the peak. Next week, before hitting 1697 - 1720, expect it to roll back to 1664 support.

Resistance 1676 ✅ 1700 - 1720
Support 1664 - 1645 - 1630 - 1612

@WiseForex #XAUUSD

📈 XAU / USD 📉

Gold bounced from 1675 support, broke out 1700 resistance and now heading to 1720. With such volume I expect it to breakout and grow higher to 1775.

Resistance 1720 - 1775 - 1825
Support 1675 - 1645 - 1590 - 1575

@WiseForex #XAUUSD

📈 Brent Crude Oil (BCOUSD) 📉

Brent Oil heading towards 23.8$ support. Might be stopped at 25$, but doesn't look so just now.

March 16th post: Coronovirus keep on killing oil prices. Heading towards 29.6 - 27.3.

@WiseForex #BCO

📈 S&P 500 Index 📉

SPX might be pulling back now a little. Still in uptrend at lower timeframes. Short on re-test of 2855 resistance, add more at 2870. Stop loss above 2892. Targets below.

🛒 Support 2814 - 2775 - 2750 - 2710 - 2666
🎯 Resistance 2855 - 2900 - 2950

@WiseForex #SP500