Hello everyone. Let's discuss the trend of gold this week. It can be seen that gold has retreated to around 3452, and 3452 is also the support position of the AM10 moving average. The next operation is actually very simple. If gold stabilizes at 3445-3430, it should continue to buy. If it falls below 3430, then you need to wait for around 3400 to buy. There is no need to look too far for the upper target price. Continue to look at the high point of 3500, or even the new high of 3520.
Sei limit order scalp long. Limit entry: $0.1774 Stop: $0.1745 Target: $0.1832 Off to bed. I plan on waking up with my entry being filled and tp smashed.
GBPAUD Poised For a Bearish Wave GBPAUD has confirmed a double top pattern on the 4-hour chart. After breaking through the support zone, the price retraced and tested the level again. As expected, GBPAUD reacted at this zone, increasing the likelihood of a valid bearish setup. However, market uncertainty remains due to a lack of clear direction following recent comments from Trump. As a result, the price might continue to fluctuate within this range before a strong bearish wave resumes. Key support zones to watch: 2.0630 and 2.0360. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Wave E should be much lower than wave C. Also note the size of the red bars in the last period. I think this fight could reverse around next October. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.
Technical analysis: Gold has gone into Asian session Buying rally continuation and having been slightly disconnected on it’s Technical background and especially correlation with DX, Bond Yields are Trading near local High’s (Bullish Gap fill) which is a mix which pushed Gold north aggressively and invalidated Selling potential prior every local High's. Sellers once again underestimated the Bullish potential of the recent Buying leg as Gold’s Price-action is isolated within healthy Ascending Channel on most of the charts. As long as aggressive Volatility lasts, and the probability of doing so is High as April is projected to be Bearish Month regarding DX, Gold will represent decent Short and Medium-term Buying option. If by some intervention DX start trending upwards (so far struggling to make Bullish comeback and finding meaningful Support or in general more stable Support zone), uptrend on Gold will be stalled but for now #3,500.80 benchmark is and should probably be next Gold’s most viable Target if DX don't deliver new full bodied positive candle. Daily chart’s curve for now holds Buying bias and usually this Technical setup points to new Bullish break-out. My position: I have expected Gold to form a Top near #3,392.80 - #3,400.80 however since Price-action invalidated my potential reversal zone and closed the market above #3,400.80 benchmark, I continue Buying Gold all the way with #3,500.80 benchmark as new potential Ultimate Top's zone. Keep in mind that as long as DX is Trading on disappointing numbers, Medium-term Selling reversal on Gold will be postponed.
We are seeing a textbook Wyckoff accumulation schematic here imo. The phases are pretty clear. i don't think i need to explain it. This type of setup usually indicates smart money loading up before a major move up. Lets see if this plays out. The spring has sprung and i think this is preparation for the markup phase. Wycoff was a pioneer in technical analysis and market psychology. His methods were all about understanding the intentions of the smart money by the study of the price and volume. If you are new to this, it can take a little experience to see them as they can be nuanced. There are no indicators for this. Just familiarize yourself with the patterns and eventually you will start to see them across all time frames. Big money hides its moves. Institutions use fake outs, shakeouts, and traps to disguise accumulation and distribution. But once you see you cannot unsee. There's a lot of noise and too much information in indicators, signals, bots, and hype. Market structure is enough if you know how to read it. Wycoff patterns are literally designed to expose how big money works-but only if your watching from their perspective. Most people are still reacting emotionally, while institutions are executing a well planned narrative which is the same today as days past. get in cheap, trap liquidity and push price. Wycoff today is still one of the cleanest ways to see the game behind the game
Gold is now too strong, and the rise is not going to end. It continues to rise. Before the gold daily line reverses at a high level, the decline is just an adjustment, not a reversal. However, everyone should also pay attention to the reversal of the high level of the market at any time. Once the situation is not right, you must withdraw in time. With such a violent rise, if the market reverses next, it will also be very rapid. Go long gold 3460-70, target 3495-3500.
BTC/USD: Hero's Quest to the Boss Treasure Price Action Deep Dive: BTC/USD has formed a powerful SPAWN POINT breakout on the 4H timeframe, characterized by three consecutive blue candles with minimal wicks, indicating strong buyer control Prior to the breakout, we observed a period of tight consolidation (level 15-20 grinding phase) where price was building energy for the current upward thrust The breakout volume significantly exceeds previous candle volumes, confirming legitimate player interest in this upward move Recent price structure shows higher lows and higher highs, establishing a clear uptrend path toward our target zones Current candle formation suggests momentum continuation rather than exhaustion, with minimal upper wicks indicating buyers absorbing all selling pressure Market Structure Context: The breakout has successfully cleared the previous resistance zone (ELITE LvL 2 HP: 2), transforming it into support for future pullbacks The Treasure Hunter color shift preceded this move, acting as an early warning signal for observant traders Major support trendline from previous lows remains intact, providing a "regeneration shield" for any temporary retreats Each pullback has been increasingly shallow, demonstrating growing reluctance from sellers to engage the hero's advance The most recent consolidation formed a bull flag pattern before the continuation, classic "power-up charging" price action With our Hero at Level 159 with full health and the Wizard's Journey already 53% complete, all technical indicators align for continued progress toward BOSS TREASURE around $94,000-$95,000, though we should remain vigilant for temporary pullbacks to the HEALTH POTION zone around $84,000.
In recent weeks, we've seen a strong uptrend in gold, which continues without any meaningful pullbacks. Yes, the general rule is to trade in the direction of the dominant trend — but in this case, I’m strongly hesitant to go long while price is sitting at all-time highs. At the moment, I would consider short positions only if signs of weakness appear — specifically, if the price starts breaking below recent local lows. As for targets, they are largely abstract, since we can’t accurately predict where a correction might stop if it does occur. Still, for reference, I’d outline three potential downside levels: 3,411, 3,404, and 3,381. This short scenario would be invalidated if price moves above 3,490. There’s no point placing stop-losses above that level — it makes more sense to position them well below. Keep in mind: the uptrend is very strong, and price could easily continue to rally sharply — so manage your risk accordingly. That said, I still lean toward the idea that we may see a downside move.
? Gold Market Mid-Term Update ? Technical Outlook Update ? Bull Market Overview ▪️broke above 3 000 USD ▪️3250 USD S/R cleared as well ▪️Testing 3500 USD key S/R now ▪️Break above 3500 - 3750 USD new PT ▪️Bulls maintain strategic advantage ▪️all dips get scooped up ▪️short-term pullback/correction ▪️possible next few days but ▪️Bulls will target 3750 USD ⭐️Recommended strategy ▪️BUY/HOLD accumulate dips ▪️3250/3350 USD reload BULLS ▪️PT Bulls 3750 USD ? Gold Price Outlook – Next 30 Days (April–May 2025) ? Key Drivers to Watch ? Geopolitics & Trade ???? U.S.–China Tariffs: Escalation continues pushing inflation fears & gold demand ?? EU–U.S. tariffs (25%) are further straining global trade ? Weaker USD = stronger gold sentiment ? Russia–Ukraine Ceasefire Talks ? May 9 (Victory Day): Symbolic date eyed for a possible ceasefire announcement ?? Parade vs ?? EU leaders visiting Kyiv — all eyes on peace prospects ☢️ U.S.–Iran Nuclear Deal ? April 28: Talks in Rome ?? Iran shows readiness — possible easing of Middle East tensions ? Key Dates ? Apr 25 – U.S. inflation data ? May 1 – Fed interest rate decision ☢️ Apr 28 – U.S.–Iran nuclear talks ? May 9 – Possible Russia–Ukraine ceasefire date