Final target 4.4 Resistance 3.96 Tic tac Short trade Don't forget support and follow
? Post-market surprise news shook the gold market: About a week ago, Trump publicly hinted at “considering firing” Powell. But just after today’s market close, he suddenly walked it back, saying he “never thought about it.” At the same time, he dropped signals of easing trade tensions — this combo crushed gold’s safe-haven sentiment, causing a gap-down open that nearly broke below 3300! ? Looks like Trump might be happily trading gold himself! ? Now, gold has recovered most of that drop and filled the gap, so this round of quick rebound profits is mostly over. ? What’s next? Strategy outlook: ? Short-term resistance to watch: Key level at 3400 If broken, 3420–3440 is a strong short-entry zone If price pushes further, consider scaling into shorts between $3440–3540, targeting $3268 ? Short-term support: A gap still exists around 3313 If price fails to break above 3440, apart from shorting near 3420, watch for buying opportunities near 3300 ? Mid-term view: If gold climbs past 3440 again this week and holds, expect a mid-term correction Mid-term targets: 3190–3128 A drop below 3000 is not out of the question — the rally from 2000 to 3500 is simply too steep! ? In summary: The rebound opportunity is nearly over. Don’t chase blindly at these highs — the market is entering a highly volatile decision zone. We could be looking at bull traps followed by a meaningful correction. ? Long positions — manage your rhythm! If price shows signs of exhaustion or stalls in the 3400–3440 zone, ? Take profits promptly to avoid giving gains back! If a clear breakout fails, it’s time to switch back to shorts and follow the trend.
Currently, I estimate that under the best-case scenario (black label), the Dow Jones is forming wave of wave B. This implies that the upside movement is likely to remain limited, with a potential retest of the 39,310–39,649 area. Caution is advised for a possible reversal, especially if the Dow Jones fails to break above the 40,791 resistance level.
Watching USD/JPY for a breakdown below the 139.576 support. Confirmation of this break could lead to a substantial decline with a target around 125.751. #USDJPY #Forex #TradingView #TechnicalAnalysis #Short #Bearish
What a month it has been for Silver also! In early April, the metal broke down from a rising wedge pattern, triggering a waterfall drop of around 6,000 pips. The plunge took us right into the 28 zone, but the reversal that followed was nothing short of spectacular. In just two trading days, Silver rocketed back above the key 30 level, and the rally didn’t stop there. By mid-month, it reclaimed the 32 support – a level previously broken during the drop. ? Last week, however, price action turned quiet compared to the volatility in Gold, with Silver entering a tight consolidation. But here’s the key point: ➡️ Despite the sharp early-month drop, the structure is now bullish again and remains so as long as 32 holds. ? Trading Plan: I'm looking to buy dips near 32 in anticipation of a breakout above 33.15 – the upper boundary of the recent consolidation. If that level gives way, Silver could accelerate its gains and make a new attempt toward 35. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
? ? Ticker: IIIN (NYSE) Pattern: Rising Wedge Breakdown (Bearish Pattern) Volume: Weak near resistance zone ? Trade Plan – Short Position ? Entry: $32.58 (Near wedge resistance + rejection candle) ✅ Stop-Loss: $33.69 (Above wedge and resistance wick) ? Targets: ? TP1: $30.93 – First structure support ? TP2: $29.01 – Major support zone from previous range ⚖️ Risk-Reward Ratio Risk per share: $1.11 Reward to TP2: $3.57 R:R Ratio: ~1 : 3.2 — Excellent short trade potential ? Technical Highlights Price rejecting wedge resistance Formed a rising wedge — common reversal pattern Weak bullish momentum near top ?
One Point One Sol : Rally continues surpassed the resistance band . Next resistance is straight at 74 to 77 . Already in a Buy trajectory Closed above 200 SMA ( Not a Buy / Sell Recommendation Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
three potential target used the fib retracement and confluence appears assuming the start of the 1st leg of the downward trend was the startig point, target 2 will align exactly with Fib 0.618 assuming the start if the leg was 2.929 then target 3 will brush the 0,382 fib i drew the lines first and decidd to check the fib zones and align perfectly
As an AI engineer at Meta, Boris Valkov helped build PyTorch, one of the world’s largest machine learning libraries. During his time there, Valkov realized that artificial intelligence “was about to unlock capabilities…in the application layer in the software stack.” He left Meta in late 2021 to start Lace AI, a startup that has developed […]
? ? Ticker: SMMT (NASDAQ) Pattern: Ascending Triangle Breakout Volume Spike: Confirmation with strong push above trendline ? Trade Plan – Long Position ✅ Entry Zone: $27.37 (Breakout candle close above triangle) ✅ Stop-Loss (SL): $26.29 (Below structure support & triangle base) ? Targets: ? TP1: $28.71 – Recent resistance ? TP2: $30.33 – Major resistance zone ⚖️ Risk-Reward Setup Risk per share: $1.08 Reward to TP2: $2.96 R:R Ratio: ~1 : 2.7 – Attractive setup! ? Technical Highlights Bullish consolidation under resistance Clean breakout with body close above yellow line Volume confirmation + ascending structure