I missed the 2 hour breakout at 41,365. If I can get a pullback with the 15 minute chart, I will jump in. My ideal trade will be 41,365 Stop is 180 ticks Target is 550 ticks https://www.tradingview.com/x/dSrK3OJz/ https://www.tradingview.com/x/z2Y9rZa0/
Welcome to Spy weekly. I have clearly discussed the price action. If you have any doubts, feel free to leave a comment or DM me. NOTE:DO NOT SHORT
After the negative news of non-agricultural data today, gold fell as expected, but it bottomed out and rebounded, and continued to fluctuate. Although the 1-hour moving average is still in a dead cross short arrangement, there are signs of turning around. At the same time, after the rebound of gold, it began to consolidate at a high level instead of continuing to fall, so the momentum of the bears was weakened. Therefore, the closing is very critical. Gold fell back to around 3240 under pressure from 3270. In the short term, this is a balance range. You can look at the fluctuations in this range. If gold finally closes above 3270, then gold will most likely continue to rise next week. If it closes below 3240, then there is still a great opportunity for gold bears. If you want to operate in the short term, don't chase it for the time being. Since it is a shock, you can go short at a high level first. If it breaks through 3270, on the whole, it is recommended to go short on rebounds as the main operation strategy, and go long on callbacks as the auxiliary. The short-term focus on the upper short-term resistance of 3265-3270, and the short-term focus on the lower short-term support of 3200-3197.
Fundamental Analysis Price-to-Earnings (P/E): Trailing P/E: 10.87 (per provided data and Seeking Alpha analysis). Context: Significantly lower than the gold mining industry average (~15–20 for peers like Barrick Gold or Newmont), indicating EGO is undervalued relative to its earnings. This suggests investors pay less per dollar of earnings compared to competitors, making EGO attractive for value investors. Investment Implication: The low P/E supports a value investment thesis, especially with growth catalysts like the Skouries mine, potentially driving earnings higher. Price-to-Operating Cash Flow: Ratio: 5.58 (per provided data). Context: This metric measures the stock price relative to cash generated from operations, with a lower ratio indicating undervaluation. EGO’s 5.58 is notably low compared to mining peers (~8–12), reflecting strong cash flow efficiency and financial health. Investment Implication: The low price-to-cash flow ratio highlights EGO’s ability to generate cash at a discount, reinforcing its undervaluation and appeal for investors seeking cash-flow-driven returns. Strategic Advantage: Skouries Mine: EGO’s flagship Skouries project in Greece, set to commence production in Q3 2025, is expected to generate over $350 million in annual cash flows. This high-grade copper-gold mine will boost production to 650,000–700,000 ounces of gold annually by 2026, positioning EGO as a mid-tier leader. Dual Commodity Exposure: Skouries’ copper output complements EGO’s gold production, aligning with rising copper demand for energy transition applications (e.g., EVs, renewables). This diversifies revenue streams, reducing reliance on gold prices alone. Operational Focus: EGO’s portfolio includes high-quality assets in Turkey, Canada, Greece, and Brazil, with a disciplined approach to exploration and cost management, enhancing long-term competitiveness. Investment Implication: Skouries and dual gold-copper exposure provide a unique growth driver and revenue stability, setting EGO apart from pure gold miners. Strong Financial Health: Low Debt: EGO maintains a conservative balance sheet with a debt-to-equity ratio lower than many peers (exact figure not provided but implied by disciplined financial strategy and Seeking Alpha’s positive outlook). This reduces financial risk in volatile commodity markets. Robust Cash Flow: Operating cash flow supports reinvestment in Skouries and exploration without excessive borrowing. The low price-to-operating cash flow ratio (5.58) underscores EGO’s cash generation strength. Liquidity and Solvency: While specific ratios (e.g., current ratio) are unavailable, EGO’s focus on high-quality assets and cost efficiency ensures stable cash flows, mitigating operational risks. Investment Implication: EGO’s low leverage and strong cash flow provide financial stability, enabling growth investments and resilience against gold/copper price fluctuations. Fundamental Summary: EGO is a fundamentally strong mid-tier gold and copper producer with compelling valuation metrics (P/E 10.87, price-to-operating cash flow 5.58), signaling significant undervaluation compared to industry peers. The Skouries mine, set to contribute $350 million in annual cash flows from Q3 2025, is a transformative growth catalyst, enhancing production and diversifying revenue through copper exposure. EGO’s conservative debt levels and robust cash flow underpin financial health, supporting reinvestment and stability. Strategic advantages include high-quality assets across four countries and alignment with gold/copper demand driven by safe-haven buying and energy transition trends. Additionally, EGO’s ESG focus attracts sustainable investors, reducing regulatory risks. Despite risks like project execution delays or commodity price volatility, EGO’s fundamentals suggest substantial upside, with analysts projecting a potential doubling of the share price (to ~$45) by end-2025, making it a top pick for value and growth investors. Technical Analysis Price and Trend Data (as of May 2, 2025): Current Price: $22.65 (intraday, provided data). 52-Week Range: Not explicitly provided; estimated ~$10–$25 based on historical trends (Seeking Alpha notes a doubling potential from prior lows) and recent highs near $25. Recent Trend: Up 13% from $20 (February 2025, per AltIndex) to $22.65, reflecting bullish momentum driven by Skouries updates and elevated gold prices ($2,000–$2,200/oz). Performance: Outpacing the broader market (S&P 500) over the past 3 months, with mining stocks benefiting from commodity strength. Investment Implication: The upward trend indicates strong investor interest, positioning EGO for potential further gains if momentum continues. Price Momentum: Trend Strength: EGO’s 13% gain since February 2025 ($20 to $22.65) reflects robust bullish momentum, fueled by Skouries progress and gold’s safe-haven demand. The stock is approaching a key resistance level near $25 (analyst target and historical high). Market Context: Mining stocks, particularly gold/copper producers, are gaining traction in 2025 amid geopolitical tensions and industrial demand, supporting EGO’s upward move. Signal: Bullish, with potential to test $25–$30 if positive catalysts (e.g., Skouries milestones, gold price spikes) emerge. Investment Implication: Momentum favors buying or holding, especially for traders targeting a breakout above $25, though caution is warranted near resistance. Moving Averages Indicate: 5-Day SMA: ~$22.50 (estimated from recent price action and steady uptrend). Price ($22.65) above 5-day SMA, confirming short-term bullishness. 20-Day SMA: ~$21.80 (based on February–May trend, factoring 13% gain). Price above 20-day SMA, reinforcing uptrend. 50-Day SMA: ~$20.50 (estimated from longer-term data). Price well above, signaling medium-term strength. 200-Day SMA: Not provided; likely ~$18–$19 (based on 2024 averages). Price significantly above, indicating long-term bullishness. Signal: Buy (price above all key moving averages, with alignment suggesting sustained uptrend). Investment Implication: Moving average convergence supports entering or holding positions, with $25 as the next target and pullbacks to $21.80 as potential buying opportunities. Relative Strength Index (RSI): RSI: Estimated ~55–60 (based on recent momentum and AltIndex’s technical outlook, not overbought). RSI below 70 indicates EGO is not overbought, with room for further upside before reaching overbought territory (>70). Context: The moderate RSI reflects healthy buying interest without excessive speculation, consistent with EGO’s steady climb from $20. Signal: Neutral to Bullish, favoring continued gains if sentiment remains positive. Investment Implication: RSI suggests EGO can rally further (e.g., to $25–$30) without immediate risk of a pullback, especially if Skouries news or gold prices drive demand. Volume and Sentiment: Volume: Specific volume data unavailable, but Kalkine’s technical analysis indicates increased volume on up days, suggesting accumulation by institutional and retail investors. This aligns with EGO’s 13% price rise. Market Sentiment: Strongly positive, driven by Skouries hype (Q3 2025 production start), gold’s safe-haven status, and copper’s industrial demand. High short interest (not quantified but noted by analysts) could fuel a short squeeze if positive catalysts (e.g., earnings beat) emerge. Signal: Bullish, with potential for short-term price spikes on high volume. Investment Implication: Rising volume and positive sentiment support near-term gains, but monitor for volatility around earnings or project updates (e.g., Q2 2025 earnings in July). Technical Summary: EGO exhibits a strong bullish trend at $22.65, up 13% since February 2025, driven by Skouries developments and commodity market strength. The price is above key moving averages (5-day $22.50, 20-day ~$21.80, 50-day ~$20.50), signaling a Buy with sustained upward momentum. RSI (55–60) indicates room for growth without overbought conditions, supporting further upside toward $25 (resistance) or $30 if a breakout occurs. Increased volume on up days and positive market sentiment, bolstered by potential short-squeeze dynamics, enhance the bullish case. Support at $20 provides a safety net for pullbacks, while resistance at $25 is the next hurdle. Technicals suggest EGO is well-positioned for short- to medium-term gains, particularly if gold/copper prices or Skouries news catalyze momentum, though traders should watch for volatility near resistance. Conclusion Fundamental Perspective: Eldorado Gold (EGO) is a compelling investment due to its undervaluation (P/E 10.87, price-to-operating cash flow 5.58), transformative Skouries project ($350M annual cash flow from Q3 2025), and strong financial health (low debt, robust cash flow). Strategic advantages include dual gold-copper exposure, aligning with safe-haven gold demand and energy transition-driven copper demand, and a disciplined focus on high-quality assets across Turkey, Canada, Greece, and Brazil. Despite risks like project delays or commodity price volatility, EGO’s fundamentals support significant upside, with analysts projecting a potential doubling to ~$45 by end-2025, making it a top pick for value and growth investors. Technical Perspective: EGO’s bullish trend ($22.65, +13% since February) is supported by price above key moving averages (5-day, 20-day, 50-day), a moderate RSI (~55–60) with room for growth, and rising volume with positive sentiment. The stock is poised to test $25 resistance, with potential for $30 on a breakout, backed by Skouries catalysts and high short interest. Support at $20 offers a low-risk entry on pullbacks, while the Buy signal from technical indicators suggests near-term strength, though volatility is possible near resistance. its not buy or sell recommendation. contact your financial advisor before investing.
Fib levels are crossing one by one Next target 99020 to 100000 Btc form LL TO LH TO HH NEXT HIGH 99020 NEARLY
CVXUSDT | Long | DeFi Optimizer Bounce with Growing Spot Demand | (May 2025) 1️⃣ Quick Insight: CVX has caught my attention again—been watching it from the early days and now it’s starting to show strength, both on spot and futures. Current structure and sentiment are looking solid for a potential upside move. 2️⃣ Trade Parameters: Bias: Long Entry: Current market price Stop Loss: $2.41 TP1: $4.75 TP2: $5.48 TP3: $5.76 TP4: $6.85 Partial Exit: Watching $4.17 closely as a short-term resistance area that could act as a milestone 3️⃣ Key Notes: Let’s break down what CVX (Convex Finance) is. It's a DeFi protocol built on top of Curve Finance, aiming to optimize yield and boost capital efficiency. What makes it unique is that it allows users to earn boosted CRV rewards and CVX token incentives without locking up their CRV, which simplifies staking and governance participation. CVX operates on Ethereum Layer 2, with its key partnership being with Curve. The team behind it remains anonymous, but the project is strongly community-driven. From a market structure point of view, CVX has been showing strong spot interest and its footprint on futures markets has been growing. This confluence adds conviction to the trade idea. The structure suggests it wants to push toward $4.17 first, and if that breaks, there’s room to ride it further. 4️⃣ Follow-up: If price confirms with good momentum past the $4.17 zone, I’ll consider updating this with a new scale-in or extended target. For now, just watching closely and ready. Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
Taurus SA has announced a new partnership with Figment that will integrate Figment’s staking infrastructure into Taurus’ digital asset custody platform, expanding regulated institutional access to staking rewards on major blockchain networks including Ethereum and Solana. The collaboration will allow Taurus’ banking clients to stake digital assets through the Taurus PROTECT platform using Figment’s enterprise-grade […]
U.S.-based crypto exchange Kraken revealed that it uncovered and blocked a North Korean hacking attempt disguised as a job application for an engineering role. The scheme was detailed in a blog post on Wednesday and shows the increasing use of social engineering and insider threats by state-backed cybercriminals targeting the crypto industry. According to Kraken, […]
Ihr sucht nach Tipps, wie ihr Halstücher binden könnt? Wir zeigen euch sieben schnelle Techniken und coole Styling-Inspiration!
Ara Partners recently raised an $800 million infrastructure fund focused on reducing carbon emissions in industrial sectors.