#GOLD.. market placed a reasonable low sofar. And if market holds that then we can expect a further bounce. Good luck Trade wisely
On the news front, the US April ISM manufacturing PMI was higher than expected, which led to the US Treasury bonds giving up their gains. From a technical analysis point of view, after the gold price fell out of the strong support of 3260 in the shock range, this position turned into the short-term resistance level for our short-term reference, followed by the position of multiple entity K-lines at the hourly level of 3275. There is a possibility of breaking through 3260 in the later period, so 3275 can also be treated as a defensive position. Although the price of gold has been hovering around 3220, our main bearish direction remains unchanged in the short term. The trading strategy given in the afternoon is still a reference. For rebound, first focus on the 3240-3250 first-line resistance, and further look at the top-bottom transition position of 3260-3270. You can participate in transactions in small batches. Below, focus on the 3210-3200 support, and if it falls below, look for the 3193 first-line. TVC:GOLD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD OANDA:XAUUSD
Excellent execution! Our 1:2 full take-profit target has been reached. Well done! Enjoy the profits and let's look forward to the next trading opportunity.
https://www.tradingview.com/x/yauVlKWa/ Bitcoin has probably completed the accumulation stage after a completion of a strong bullish wave a week ago. I see a breakout of a resistance line of a symmetrical triangle on a daily time frame. It is an important sign of strength of the buyers. The price may continue going up now and reach 98.180 level. ❤️Please, support my work with like, thank you!❤️
18th April i published a SOL TA/Signal and updated it through days. Those given Levels played out again and again and have some nice profits. Days ago : "We are ready to short below POC or long above hVn or loc Daily :)" Look how those 3 Levels played out nicely. Even with nice retests. loc-D and 2x hVn. ? ? 5-6 Trades though days ... Look at all previous SOL TA and more important at that TA about Alts days ago to understand the levels and lines. Alts TA: https://www.tradingview.com/chart/TOTAL3/XOk9xshO-Beautiful-TA-played-out-That-was-initiation-for-many-Alt-LONGs/ previous SOL Signal: https://www.tradingview.com/chart/SOLUSDT.P/iDRQM0lO-SOL-a-NICE-Signal-yesterday-5-3-pure-Profit/ Follow for more ideas/Signals.? Check out my previous TA/Signals which played out nicely. :) Just donate some of your profit to Animal rights or other charity :)✌️
Straight forward setup. We’re looking to enter only after seeing confirmation. Sop 1)mark the zone 2)wait for price to come into zone 3)wait for confirmation 4)entry Here we see daily rally base rally. And fibo 50%. Price is already in the zone. We wait for a m30 double breakout as a confirmation. Once it has formed up, we can place a buy limit or we can enter in the confirmation zone.
The Japanese yen continues to lose ground and is sharply lower on Thursday. In the European session, USD/JPY is trading at 144.36, up 0.92% on the day. Earlier, the yen weakened to 144.74, its weakest level since April 10. There were no surprises from the Bank of Japan, which maintained its key interest rate at 0.5% in a unanimous vote. The BoJ has signaled that it plans to continue hiking rates and normalize policy, but the turmoil caused by US President Trump's tariff policy may delay the next rate increase until after the summer. The BoJ board cut its growth and inflation forecasts in its quarterly outlook report. The growth forecast for the fiscal year ending March 2026 was slashed to 0.5% from 1.1% in January and inflation is not expected to remain sustainable at 2% until the second half of 2026, a year later than in the January forecast. The forecast noted that US tariffs would dampen Japan's economy by weighing on global trade and consumer and businesses confidence would be impacted due to the "heightened uncertainties" over the tariffs. The markets expected a soft US GDP release for Q1 but the 0.3% q/q decline was well below the market estimate of 0.2%. This followed a strong 2.4% gain in the fourth quarter of 2024. The surprise decline was driven by Trump's tariffs, as imports surged ahead of the tariffs taking effect and consumer spending declined. The weak GDP figure raised the probability of further rate cuts and the markets are looking for up to four rate cuts before the end of the year. The Fed is in a wait-and-see mode, with little chance of a cut in May, but further economic deterioration could force the Fed to cut in June.
NASDAQ:RKLB seems to be following the Fib chart pretty well with a bounce off the the .618. In my opinion, it will test $24 dollars before earnings. Depending on earnings it will break out past the .50 mark continuing the channel up to at least $26; or the market will not be impressed and the stock will lose support and come down to the long term support again at about $20. If earnings disappoint, NASDAQ:RKLB may continue to see-saw between $17 and $22 until the company can generate more profit with the launch of it's Neutron heavy lift rocket. The test launches were delayed until the end of 2025. However, with expansion into space systems, satellite manufacturing, silicone chips for satellites, and solar array manufacturing NASDAQ:RKLB could increase it's margins enough to give investors more confidence until the Neutron launch.
Booked my profit at the bearish trend using dow theory
https://www.tradingview.com/x/E3Ie2OFF/ NZDJPY - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell NZDJPY Entry Level - 85.689 Sl - 86.057 Tp - 85.033 Our Risk - 1% Start protection of your profits from lower levels Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️ Please, support our work with like & comment! ❤️