This is a 1-hour candlestick chart of Gold Spot (XAU/USD) against the U.S. Dollar from TradingView: Key Observations: Descending Channel Breakout Attempt The price was moving within a descending channel (highlighted in green). The lower boundary of the channel was recently breached, leading to a sharp downward move. The price reacted strongly to a key support zone (blue horizontal line) and rebounded. Bullish Reversal Pattern (Double Bottom) The sharp dip and immediate bounce suggest a potential double-bottom formation, a bullish reversal pattern. The blue arrow points to the expected reversal zone. Potential Upside Target If the price holds above the support and confirms the breakout, the next target is $2,930 - $2,940 (previous resistance level). The chart suggests a possible V-shaped recovery, as shown by the projected blue trendline. Risk Management (Stop-Loss & Take-Profit) Entry: Around the breakout area ($2,887). Stop-Loss: Below the recent low (~$2,870). Take-Profit: Near previous resistance (~$2,930). Volume Confirmation A spike in volume at the bottom suggests strong buying interest, supporting the potential bullish reversal. Conclusion: A bullish move is anticipated if the price holds above support and breaks out of the descending channel. Traders should monitor confirmation signals, such as increased volume and bullish candlestick patterns, before entering long positions.
?Hi! Hola! Ola! Bonjour! Hallo! Marhaba!? Dear Money Makers & Robbers, ?????? Based on ?Thief Trading style technical and fundamental analysis?, here is our master plan to heist the XAU/USD "The Gold vs U.S Dollar Metals market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. ??Book Profits Be wealthy and safe trade.??? Entry ? : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on! however I advise to Place buy limit orders within a 1H or 30 minute timeframe most recent or swing, low or high level. Stop Loss ?: Thief SL placed at the recent / swing low level Using the 3H timeframe (2930) swing trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target ?: Primary Target - 2830 (or) Escape Before the Target Secondary Target - 2750 (or) Escape Before the Target ?Scalpers, take note ? : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money ?. ??️Read the Fundamental, Macro, COT Report, Index-Specific Analysis, Sentimental Outlook, Intermarket Analysis, Future Prediction: XAU/USD "The Gold vs U.S Dollar Metals Market is currently experiencing a Bearish trend., driven by several key factors. 1. Fundamental Analysis with All Factors? Interest Rates: Rising Fed rates (e.g., 5.25% post-March hike) increase gold’s opportunity cost, pushing prices down from 2888. Inflation: Cooling global inflation (e.g., U.S. CPI at 2.5%) undermines gold’s hedge appeal, signaling overvaluation. Dollar Strength: USD rally (e.g., DXY to 102-105) suppresses gold, marking 2888 as a peak. Global Economic Health: Improving growth (e.g., U.S. GDP above 3%) reduces safe-haven demand, favoring bears. 2. Macroeconomic Factors? Bearish macro conditions: U.S. Economy: Strong jobs (e.g., unemployment below 4%) and PMI above 50 weaken gold’s case at 2888. Eurozone: Recovery signs (e.g., GDP at 1.5%) bolster EUR, pressuring gold. China: Industrial rebound shifts focus from safe-haven assets, softening gold. Central Bank Policies: Fed hawkishness and ECB/BOJ tightening cap upside. 3. Geopolitical Factors? Bearish geopolitical shifts: U.S.-China Trade: Tariff de-escalation reduces uncertainty, eroding gold’s premium at 2888. Russia-Ukraine: Ceasefire talks lower risk-off flows, targeting sub-2800. Middle East: Stabilizing oil supply (e.g., Iran deal) eases inflation fears, weakening gold. Political Uncertainty: Resolved U.S./Europe tensions diminish volatility, favoring bears. 4. Supply and Demand Factors? Bearish supply/demand dynamics: Supply: Increased production (e.g., new Canadian mines) or no disruptions flood the market, pressuring 2888. Demand: Physical: Western retail demand fades as prices peak. Central Banks: Slowed buying (e.g., Russia, China pausing) removes support. Investment: ETF outflows accelerate as investors sell at 2888. 5. Commitment of Traders (COT) Data (Latest Update)? Hypothetical COT data as of March 4, 2025: Non-Commercial (Speculators): Longs at 340,000, shorts at 70,000, net position +270,000—bullish unwind from 295,000 signals profit-taking. Commercial: Longs 65,000, shorts 400,000—heavy hedging bets on a drop. Open Interest: 525,000 (down 5,000), showing reduced speculative interest. Interpretation: Speculator liquidation and commercial shorts confirm bearish momentum below 2850. 6. Technical Factors? Bearish technicals at 2888: Moving Averages: 50-day SMA (e.g., 2850) crossing below 200-day SMA (e.g., 2870) signals reversal. Support/Resistance: Resistance at 2888-2900 holds; support at 2850 breaks, eyeing 2800. RSI: 70+, overbought, triggers selling. MACD: Bearish crossover confirms downward momentum. 7. Sentiment Factors? Bearish sentiment signals: Retail: Social media posts shift to fear at 2888, citing USD strength. Institutional: COT hedging aligns with bearish media (e.g., “Gold overbought”). Media: “Fed hikes crush gold” headlines fuel sell-offs. 8. Seasonal Factors? Bearish seasonal trends with added points: March Profit-Taking: Q1 tax season in the U.S. drives profit-taking, historically pressuring gold from peaks like 2888. Post-Rally Fatigue: Early-year rallies (e.g., January-February) often fade in March, amplifying bearish momentum. Lack of Festivals: Without India’s seasonal boost, global demand softens, leaving Western selling unchecked. Historical Q1 Declines: Gold’s average March performance (ex-India) shows declines as investors rebalance, targeting sub-2850. Central Bank Pause: Q1 often sees reduced central bank buying announcements, removing a key prop at 2888. 9. Intermarket Analysis? Bearish intermarket signals: USD: DXY rallying to 105 crushes gold to 2800. Yields: 10-year yield at 4.5% competes with gold, driving declines. Equities: Stock rallies (e.g., MSCI World above 3100) divert capital. Commodities: Oil at $70/barrel signals deflation, weakening gold. 10. Market Sentiment Analysis of All Types of Investors? Bearish investor sentiment: Retail: Panic selling at 2888 as USD rises; X shows fear. Institutional: Speculators trim longs (COT); hedgers pile into shorts. Central Banks: Pause buying, letting prices slide. Speculators: Futures traders short 2888, targeting 2800. 11. Next Trend Move and Future Trend Prediction (Bearish Focus)? Short-Term (1-4 weeks): Bearish Target: 2820-2850. Drop to 2820 as USD hits 102 and RSI confirms overbought. Bias: Strongly bearish, driven by technicals and COT liquidation. Medium-Term (1-3 months): Bearish Target: 2700-2800. Decline to 2700 with Fed hikes, DXY at 105, and easing tensions. Bias: Bearish, with macro stabilization. Long-Term (6-12 months): Bearish Target: 2500-2600. Fall to 2500 if growth rebounds, DXY hits 110, and inflation drops below 2%. Bias: Bearish, as safe-haven demand fades. 12. Overall Summary Outlook? At 2888 on March 10, 2025, XAU/USD is set for a bearish slide. A strong USD (DXY to 105), rising yields (4.5%), Fed hawkishness, cooling geopolitics, and seasonal softness (Q1 profit-taking, post-rally fatigue) dominate. Short-term outlook is short/bearish, targeting 2820-2850 as overbought technicals (RSI 70+) and COT unwinding trigger a sell-off. Medium-term is bearish, eyeing 2700-2800 with macro improvement. Long-term is bearish, forecasting 2500-2600 as growth stabilizes. ?Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ⚠️Trading Alert : News Releases and Position Management ? ?️ ?? As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits ?Supporting our robbery plan ?Hit the Boost Button? will enable us to effortlessly make and steal money ??. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.???❤️?? I'll see you soon with another heist plan, so stay tuned ?????
nice setup we looking for bullish movement. Three touches on the trendline and support level.
https://www.tradingview.com/x/u48Y4Cjz/ Hello,Traders! GOLD made a bearish Breakout of the key Horizontal level of 2900$ And the breakout is confirmed So we are locally bearish Biased and we will be Expecting a further move down Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
The price made new LL's, went lower and lower and is now at an important level where we can se a fakeout and return to the buyers teritory or just a sell continuation with or without a fakeout! however it will be you have to be carefull, observe the price and watchout because this is still crypto and not forex so there is always something unexpected happening!!
XRPUSD turned bearish on its 1D technical outlook (RSI = 39.468, MACD = -0.103, ADX = 44.297) as it has essentially lost almost all of February gains. This is a sign of strong weakness on the short term but on the long run and the bigger picture on the 1W timeframe, it looks more like a typical consolidation phase during a Bull Cycle. More specifically, based also on the 1W RSI fractal, it looks like the June-November 2017 consolidation before the final peak at the end of the year, which was on the 2.618 Fibonacci extension. We expect a maximum of 3 more months of pain, but these levels are already an excellent buy opportunity as it is. Long, TP = 10.000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Doge has only dipped bellow the EMA 200 in bear markets. We are getting close to that level. It would be very profitable buying at that level or bellow. Get some coins now at this uncertain moment.
Midterm forecast: 1.84895 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: A trough is formed in daily chart at 1.81705 on 02/21/2025, so more gains to resistance(s) 1.89340, 1.90550, 1.91400 and more heights is expected. Supports and Resistances: 1.95650 1.90550 1.87650 1.85400 1.81700 1.78251 1.76500 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button ? . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) ? Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
? ? ? Asset: Bank of Nova Scotia (BNS) ? Timeframe: 30-Min Chart ? Setup Type: Bearish Breakdown Trade ? Trade Plan (Short Position) ✅ Entry Zone: Below $68.92 (Breakdown Confirmation) ✅ Stop-Loss (SL): Above $70.82 (Invalidation Level) ? Take Profit Targets: ? TP1: $66.37 (First Support Level) ? TP2: $64.21 (Extended Bearish Move) ? Risk-Reward Ratio Calculation ? Risk (SL Distance): $70.82 - $68.92 = $1.90 risk per unit ? Reward to TP1: $68.92 - $66.37 = $2.55 (1:1.34 R/R) ? Reward to TP2: $68.92 - $64.21 = $4.71 (1:2.48 R/R) ? Favorable Risk-Reward Ratio – Aiming for a 1:2.48 R/R at TP2. ? Technical Analysis & Strategy ? Bearish Descending Triangle Breakdown – Price has been forming lower highs, indicating weakness. ? Weak Buying Pressure – The price is failing to break out and is consolidating near the $68.92 support level. ? Volume Confirmation Needed – A strong increase in selling volume below $68.92 will confirm bearish momentum. ? Momentum Shift Expected – If the price remains below $68.92, further downside toward $66.37, then $64.21 is expected. ? Key Resistance & Support Levels ? $70.82 – Stop-Loss / Resistance Level ? $68.92 – Breakdown Level / Short Entry ⚪ $66.37 – First Target / TP1 ? $64.21 – Final Target / TP2 ? Trade Execution & Risk Management ? Volume Confirmation – Ensure strong selling pressure below $68.92 before entering. ? Trailing Stop Strategy – Move SL to breakeven ($68.92) after hitting TP1 ($66.37). ? Partial Profit Booking Strategy: ✔ Take 50% profits at $66.37, let the rest run to $64.21. ✔ Adjust SL to breakeven ($68.92) after TP1 is hit. ⚠️ Fake Breakdown Risk: ❌ If price moves back above $68.92, exit early to limit losses. ❌ Wait for a strong bearish candle close before entering aggressively. ? Final Thoughts ✔ Bearish Setup – Breakdown signals downside potential. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:2.48 R/R to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? Hashtags for Engagement: #BNS ? #StockTrading ? #TradingNews ? #MarketUpdate ? #Investing ? #ShortTrade ? #Stocks ? #ProfittoPath ? #SwingTrading ? #DayTrading ⚡ #TechnicalAnalysis ? #StockSignals ? #FinancialFreedom ? #MarketTrends ? #StockAlerts ? #TradeSmart ? #Bearish ? #RiskManagement ⚠️ #TradingCommunity ? #SmartTrading ? #MarketAnalysis ? #TrendBreakdown ?
The index is down about 7% from its high in a short space of time due to market uncertainty. However, the market will start to price in that uncertainty and be on the lookout for more opportunities.