GOLD Weekly Forecast 14-18 November 2022
Currently the implied volatility for this asset is around 2.5%, down from 2.53% of last week.
From volatility percentile, point of view, we are currently on 34th from ATR and 60th from GVZ index.
With this volatility percentile values into account we can expected on average that the weekly candle is going to be:
1.7% for bullish
1.8% for bearish
With the current IV, we can expect with a 77.7% probability that the market is not going to close either above or below the next channel:
TOP: 1816
BOT: 1726
Lastly, based on previous calculations, we have:
70% to hit the previous weekly high of 1773
30% to hit the previous weekly low of 1666
Currently the implied volatility for this asset is around 2.5%, down from 2.53% of last week.
From volatility percentile, point of view, we are currently on 34th from ATR and 60th from GVZ index.
With this volatility percentile values into account we can expected on average that the weekly candle is going to be:
1.7% for bullish
1.8% for bearish
With the current IV, we can expect with a 77.7% probability that the market is not going to close either above or below the next channel:
TOP: 1816
BOT: 1726
Lastly, based on previous calculations, we have:
70% to hit the previous weekly high of 1773
30% to hit the previous weekly low of 1666
🔻Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🔻Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.