Today, gold has risen sharply by about 50 US dollars. The single-day increase is very large. Our short order of 2895 96 has only been corrected by 4 US dollars. Next, we will focus on the short-term support 2890 and the short-term pressure 2905/06. If it falls below 2890, there is a high probability that it will not set a new high tonight. If it stands near 2905, it is necessary to consider the next major pressure area 2916-2920 (area). This position was mentioned before during the callback of the 2876 major pressure area, and it is the second major pressure area. In addition, there is usually a competition for the 2900 integer level. The probability of completely stabilizing in the short term is not high, and this also needs more attention.
This chart shows the yearly US Federal Government deficit over the past few decades.
This chart shows the correlation between Bitcoin and The S&P 500.
This is my S&P 500 chart with all the most useful moving averages.
Based on technical factors there is a Buy position in : ? ATHUSDT ? Buy Now ?Stop loss 0.03400 ?Target 0.04650 ? R/R 2 ?RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes? and comments?
#GOLD is making a bearish pattern the elliot waves in higher time frames like weekly are ending rising waves and also making a divergence at the tops so i dont think that gold be able to rise above 3000 or maybe just a small touch and then fall
https://www.tradingview.com/x/m6rCl4D4/ My dear friends, AUDCHF looks like it will make a good move, and here are the details: The market is trading on 0.5715 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.5677 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Precious Metals Miners Lagging Behind: An Unexplained Disparity Despite the ongoing strength in precious metals, mining stocks continue to underperform, exhibiting a divergence that lacks a clear fundamental justification. This widening disconnect is creating an increasingly stretched imbalance, suggesting that a correction may be imminent. Such persistent underperformance appears illogical and unsustainable in the long run. From a technical perspective, I am eyeing the 2915 level for a potential short position. Notably, the Harmonic Butterfly pattern completes around 2815-2818, making it a key reaction zone. My take-profit targets are set at 2805 and 2700.
We Entered a fast trade from 0.373 and secured 10%
There was a time (2019 around) I considered trading in Gold outright boring! Fast-forward to today, it is a lot more stress-free trading setup. My Gold Trading Strategy Open GOLD (MCX) chart in 5m time frame Apply the Risological Options Trading Indicator (Paid) Follow the Risological trend - Buy in Bullish and Sell in Bearish. This set-up is especially great for those traders who dont mind holding a trade for 15-20 days. It does give you small sized false signals, but look at the chart, the winning trades are massive BIG ones. Just one thing to remember: Whenever you taking GOLD trade using this setup, make sure the expiry of that contract atleast has 15 days time. Wish you all the best and let be gold diggers! (lol)