©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master Designation). Conclusion: The previously mentioned ALT wave count scenario is triggered, gold continues to fall lower with a ((c))-navy wave. Probability assessment: Main wave count scenario. Forecast direction: Pushing much lower. Long-term bullish potential: Not really, the ((c))-navy wave can move to lower targets; therefore the medium-term outlook is bearish. Details: We are moving down with a ((c))-navy wave in a flat pattern of 4-grey wave. The decline will move to a target of 2,671.0 and then 2,596.7. While the price must remain below 2,794.8 to maintain this view. Invalidation Point: 2,794.8.
trend will continue. reversal has reached its point in my opinion. purely technical no fundamentals
Hello Dear traders! must support me and share your 0penion in comments section thanks trade safe in My Analysis of Gold Spot (XAU/USD) The chart Details Are Here 1. Support Around 2,715.216, representing a strong price floor where buyers might step in to prevent further decline. 2. Resistance Zone Around 2,786.778, showing a significant price ceiling where selling pressure could emerge. 3. Current Price: The trading price is 2,739.650 for selling and 2,739.770 for buying, with the market slightly bearish. 4. Projection: Potential bullish breakout from the support area, targeting a price of 2,765 possibly testing the resistance zone. The chart provides a clear visual for traders aiming to capitalize on price movements within these zones.
CTXCUSDT Bullish Trend - Long TP 1 and 2 are marked with green lines
GBPUSD price has been consistently respecting a trend channel and it's currently on the 3rd retest which is our point of interest. Base on trend analysis and market history the 3rd test of a consistent trendline is a point of interest for most trader, in this case most swing trader will be looking for sell opportunity in the present price level and we will be looking to join the opportunity
This is quite interesting for you to understand!! Look at the green doodle, it shows where it would move Red line shows till which time it would fall, expecting a short up move after the fall because theres a steep orderblock where people like to move things up, The prior orange round half circle marked are 200SMA high lines. Orange box is also where you can plan buys to wait like a shark to eat a puffer fish!!
USD/JPY experienced a strong decline, breaking below key hourly support and a significant trend line. The pair has since recovered from its lows, holding near the 50% retracement level and a support zone identified on the left after filling a crucial fair value gap. However, downside momentum still appears likely once the market settles from the current pullback, as the price has fallen below a critical resistance zone. We anticipate further downside movement, with potential retests of the lows at 151.6 and 149.3.
DeepSeek triggered NVidia meltdown forced many investors to Exit NVidia positions and that money is flowing into some other stocks. Following stocks have surfaced above of the cloud (consolidation zone) as detected by Option Scalper indicator: 1. ABT 2. META 3. WMT 4. V 5. NFLX 6. MA 7. JNJ 8. CRM 9. HD 10. ACN 11. PEP 12. TMO 13. JPM 14. PG 15. COST 16. BRK.A 17. AMZN 18. KO 19. WFC 20. LLY Following Stocks have broken below the consolidation zone: 1. NVDA 2. AVGO When the up or down momentum fades in any stock, it will come inside the cloud and that is the time to exit. Happy Trading!
Gold Facing Bearish Momentum For Last Friday And Now It's On Support Of Ascending Channel if Gold Break Ascending Channel Support It Go For Retest From The Lower Support For Again Long Time High We should Wait For The Confirmation if Any Candle Of H1 or h4 Time Frame Close Above The 2747 Then Gold Will Go For Again all time High till 2820/2850 KeyPoints: Resistance - 2773 Resistance - 2747 Support - 2736 Support - 2704 Dear Followers I Appreciate Your Time That You Spend Here Must Support me And Share My Analysis with Your Friends And Family thanks Trade safe NOTE: This Analysis For Educational Purposes Only don't Consider it trading Advice
Trade Alert XAU/USD Sell Alert 1. _Entry Point:_ $2,738 2. _Target Price:_ $2,725 3. _Stop Loss:_ $2,746 Trade Details - _Risk:_ $8 ($2,746 - $2,738) - _Reward:_ $13 ($2,738 - $2,725) Monitor the trade closely and adjust as needed.