Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some time traded near the resistance level in the seller zone, and later price rebounded and started to grow. In a short time price rose to 2790 points and then turned around and started to decline inside the downward triangle. In this pattern, the price first broke the 2720 level and then declined to the support level, which coincided with the buyer zone, after which broke this level too. Next, Gold declined to support line of the triangle, after which at once made impulse up, breaking the 2625 level one more time. Then it made a retest and continued to grow to the resistance line of the triangle, and when Gold reached this line it at once dropped to the 2625 support level. Price some time traded near this level, after which fell to the buyer zone and then started to grow. In a short time, the price rose to a resistance level, exiting from the triangle, but recently it turned around and made correction. So, now, I think that Gold can decline to support line of the triangle and then rebound up to the 2720 resistance level. That's why I set my TP at this level. Please share this idea with your friends and click Boost ?
Bitcoin has Broken its bullish structure and is on reversal mode to take off its lows furthermore there is too much liquidity to be taken out till 70,000$ Range
? XAG/USD Alert: Golden Opportunity Ahead! ? https://www.tradingview.com/x/IFKHhyfw/ ? Looking for a LONG setup? XAU/USD is showing promising signs at the buying zone, offering a stellar Risk-to-Reward ratio of 1:5. This setup is ideal for patient traders ready to capitalize on the next big move. ? ✨ Why consider this trade? ? Strong buying zone: Bulls seem to be reclaiming control. ? Exceptional R:R Ratio: Manage risk, maximize reward. ? Golden trend: Aligns with broader bullish sentiment in the market. ? Remember, trading is about waiting for the right opportunity. Is this your golden moment? ? What’s your move—are you going LONG? Comment below with your thoughts!
The chart is clear, Max target doesnt mean it has to hit. Doenst even mean I am right, but if we drop for now the first support/liquidity area is at 1.70. Can we go lower? Yes Moving averages support at .82 and .40, , not in the chart. I like Base and I think Virtuals is interesting. I don't do leverage trading, only Spot trading. I wanna sleep at night.
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