⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: US real yields, which move inversely to gold prices, rose 4.5 basis points to 2.086%, putting pressure on bullion. Fed Governor Christopher Waller expects President Donald Trump's new trade restrictions to have only a minor effect on prices. Meanwhile, Philadelphia Fed President Patrick Harker reiterated his support for steady interest rates, noting that inflation remains high and persistent. ⭐️ Personal comments NOVA: Gold returns to ATH 294x zone, 3rd attempt to create ATH but will continue to decrease, need more tax news in the near future ⭐️ SET UP GOLD PRICE: ? SELL GOLD zone: $2942 - $2944 SL $2949 TP1: $2935 TP2: $2920 TP3: $2910 ? BUY GOLD zone: $2901 - $2899 SL $2894 TP1: $2906 TP2: $2915 TP3: $2925 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
*triple top pattern*. A triple top is a bearish reversal pattern that typically forms after an uptrend, signaling a potential trend reversal. Here's how your gold trading setup aligns with this pattern: --- ### *Triple Top Analysis:* 1. *Pattern Structure*: - A triple top consists of three peaks at approximately the same price level (resistance), followed by a breakdown below the support level (neckline). - The pattern is confirmed when the price breaks below the neckline, often leading to a significant downward move. 2. *Target Calculation*: - The *bearish target* is calculated by measuring the height of the pattern (distance from the resistance peak to the neckline) and projecting it downward from the breakout point. - Formula: *Target = Neckline - (Resistance - Neckline)* --- ### *Your Gold Trade Setup:* - *Current Price*: 2830 (Sell signal at this level, assuming this is near the neckline or breakdown point). - *Resistance*: 2932 (triple top peak level). - *Support/Neckline*: 2938 (this seems inconsistent; typically, the neckline is below the triple top peaks. Double-check this level). - *Targets*: - 2903 - 2883 - 2833 - 2783 --- ### *Revised Analysis with Triple Top:* 1. *Neckline Confirmation*: - If the neckline is at *2830* (your sell level), and the triple top resistance is at *2932*, the pattern height is: - *Height = 2932 - 2830 = 102 points*. - The *bearish target* would be: - *Target = 2830 - 102 = 2728*. 2. *My Targets*: - Your targets (2903, 2883, 2833, 2783) are above and below the current price, which suggests a mix of short-term pullbacks and the final bearish target. - The most relevant bearish target aligned with the triple top pattern is *2783*, and potentially lower (e.g., 2728). 3. *Support and Resistance*: - *Resistance at 2932*: This is the triple top peak level. If the price moves back above this level, the triple top pattern is invalidated. - *Support at 2938*: This level seems too high for a neckline in a triple top pattern. Typically, the neckline is below the peaks. Confirm this level. --- ### *Trading Strategy:* 1. *Sell at 2830*: - This assumes the price has broken below the neckline, confirming the triple top pattern. - Place a *stop-loss* above the resistance level (e.g., 2932 or higher, depending on your risk tolerance). 2. *Targets*: - Short-term targets: 2833, 2783. - Final target: 2728 (based on the triple top pattern height). 3. *Risk Management*: - Use proper position sizing and risk-reward ratio. - Monitor price action for any signs of a reversal or invalidation of the pattern. --- ### *Key Notes:* - Double-check the *neckline level*. In a triple top pattern, the neckline is typically below the peaks (e.g., around 2830 in this case). - If the price moves back above the resistance level (2932), the triple top pattern is invalidated, and you should reconsider the trade. Let me know if you need further clarification or adjustments! ?
✅ EURUSD formed a clear triangle chart pattern and rejected the resistance, signaling a bearish move. SHORT ? ✅ Like and subscribe to never miss a new analysis! ✅
$576 Gap fill on the way? Time will tell that's for sure. My expecation is that we sell into the beginning of March Covid style in a way. $576 seems good for right now. Will update as we go.
Gold (XAU/USD) befindet sich in einer Akkumulationsphase vor einem möglichen starken Ausbruch und setzt seinen Aufwärtsimpuls nach dem Erreichen der 2.928 USD-Marke fort. Im 3-Stunden-Chart bleibt der Preis über den EMAs 34 und 89, was den anhaltenden bullischen Trend bestätigt. Allerdings stellt der Bereich um 2.939 USD einen entscheidenden Widerstand dar. Sollte es den Käufern gelingen, diese Marke zu durchbrechen, könnte Gold in Richtung 2.950 – 2.970 USD steigen. Andernfalls ist eine kurzfristige Korrektur auf 2.893 USD möglich, bevor der Aufwärtstrend fortgesetzt wird. Handelsstrategie: Long-Szenario: Kaufen, wenn der Preis über 2.893 USD bleibt, Zielbereich 2.939 USD – 2.970 USD, Stop-Loss 2.880 USD. Breakout-Szenario: Bei einem klaren Durchbruch über 2.939 USD Long-Positionen mit Ziel über 3.000 USD in Betracht ziehen. Wichtig: Das Fed-Sitzungsprotokoll und die Steuerpläne von Donald Trump könnten die zukünftige Preisentwicklung von Gold maßgeblich beeinflussen.
Thank you for your support and DMs. This is another good oportunity in forex. Please trade wisely and according to your account balance. Thank you and have a good trading ahead
https://www.tradingview.com/x/bvoEp5Ef/ GBPCHF formed a confirmed bullish trap after a test of a key horizontal resistance on an hourly. I expect a retracement at least to 1.1384 ❤️Please, support my work with like, thank you!❤️
Beautiful setup. I missed my original entry but this has significant upside on the table.
The AUD/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 0.6391 2nd Resistance – 0.6404 ? Please hit the like button and ? Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Analyst Koji Ikeda from Bank of America Securities maintains this positive outlook, citing Datadog's strong revenue growth and strategic initiatives in AI as key reasons for the recommendation While Morgan Stanley acknowledges Datadog's strong market position and strategic growth initiatives, they also highlight near-term risks such as slower growth expectations and a high valuation According to TipRanks, here are some of the recent price targets for Datadog (ticker: DDOG): Barclays: $180.00 Morgan Stanley: $143.00 Truist: $140.00 DA Davidson: $165.00 Scotiabank: $155.00