The expectation is that Thursday will be a set up for the employment numbers on Friday. An ideal close on Thursday would be a close above 6115.
Gold still maintains the trend of bullish structure in the rising channel, and the daily line hits a new record high of 2882, ending the rising streak. The upward trend has expanded to $300 since 2582 on December 19. From the technical perspective of gold, how much upward space is there in this round of upward trend? When will the trend change? First of all, the daily and weekly RSI indicators are both at a high level close to 80 values. After the weekly chart hit a record high, the price deviated from the MA10 daily moving average, and the price was above the upper track of the Bollinger band. From the weekly and daily charts, as the increase further expands, the upward space is gradually compressed. Pay attention to the high and low after the historical high and the turning of the indicator signal after overbought. Trading ideas: Buy at a low price in the callback, but hold short-term and do not chase high prices. Pay attention to the opportunity of long-term band short at the historical high! The short-term structure is still relatively obvious, and the strong market is rising unilaterally. The bullish buyers of gold are almost out of control. Is 2900 no longer the target in February? This frequent rise may really reach an unprecedented high of 3,000 at the beginning of 2025! The current trend of gold is relatively resistant to declines. Without news or data catalysis, the bulls will not take profits and enter the market again for the time being. If it falls today, it will give an opportunity to adjust the low-price buying entry. Today, it is still bullish with 2,850 as the defense point. February is destined to have a historical high. Today, continue yesterday's low-price buying idea! Key points: First support: 2860, second support: 2852, third support: 2840 First resistance: 2878, second resistance: 2886, third resistance: 2898 Operation ideas: BUY: 2851-2854, SL: 2842, TP: 2880-2890; SELL: 2895-2898, SL: 2907, TP: 2860-2850;
The Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward move
Hey traders and investors! On the daily timeframe, the price is in the middle of the range. The current seller's vector is 13-14, with a potential target of 91,231. On the hourly timeframe, the price is below the lower boundary of the range. The current buyer's vector is 8-9, with a potential target of 100,777. Selling Strategies Selling (short) setups should be considered from the upper levels of the range: - For the hourly timeframe: 100,777 and 102,500. Alternatively, below 96,150, when the seller breaks out of the range downward and confirms this breakout. - For the daily timeframe: 102,500 – 109,588. Buying Strategies Buying (long) setups should be considered from the lower levels of the range: - On the hourly timeframe, the price is currently in this zone. However, the lower boundary of the hourly range has been traded through. Looking for buy setups below 99,149 is risky, while above 99,149, the risk-reward ratio may not be favorable until the potential target is reached (100,777). - On the daily timeframe, key levels to consider for buying are 91,231 – 89,256. I wish you profitable trades!
ASX:OZM ASX:AQD TSX:AII TSX:ATH NASDAQ:BXN SET:MVP ASX:ERM MIL:ARN GETTEX:VTX GETTEX:FGR Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. The Launch Pad List is shared on Thursdays and the video interview published after market close on Fridays. Today's ASX's Top 10 Quarterly Momentum Stocks are: OzAurum Resources Limited (OZM) AusQuest Limited (AQD) Almonty Industries Inc. (AII) Alterity Therapeutics Limited (ATH) Bioxyne Limited (BXN) Medical Developments International Limited (MVP) Emmerson Resources Limited (ERM) Aldoro Resources Limited (ARN) Vertex Minerals Limited (VTX) First Graphene Limited (FGR)
Gap up opening expected in nifty near the 23800 level. After opening if it's starts trading and sustain above 23800 level then expected strong upside rally towards the 23950 level in today's session. 23700-23800 is the consolidation zone for nifty. Any major downside rally expected below the 23700 level.
It is very evident that whenever there are indecisions around global trade or policies, the market tends to freeze up and spew out error codes. From the market opening on Sunday, we have been exposed the the wild, aggressive swings that follows with Trading and many gaps has appear. Do you think this has anything to do with the decision to pause the tariffs Donald Trump was planning on implementing on Mexico and Canada? Remember, the tariffs might sound positive for the strength of the dollar but US businesses will have to fork out the extra in logistics and taxes if the tariffs was to go ahead. How exposed are US consumers to price hikes? Looking forward to the UK interest rates being released today as well as NFP on friday. It'll be a WILD ride!
Based on the M15 chart, Calling for a bearish break below the sell entry level at 2,860.73. This level has acted as key support, and a confirmed break below it could trigger further downside momentum. A successful breakdown would open the way towards our take profit at 2,844.96, aligning with a previous demand zone and the 50% Fibonacci retracement. Our stop loss is placed at 2,877.99, above the recent swing high, to allow for price fluctuations while maintaining a bearish outlook. If price fails to break below the pivot, it could signal a potential bullish rejection instead. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
CAPITALCOM:GOLD Hi Trader, Simple rules : Above green line bias uptrend and below red line bias downtrend. good luck
Next Sol Brk expected today or max tomorrow as soon brkout dont then next move is 250 to 280