Okay so last day you saw what happend ? This time a mixture of both, when yellow commence buy the purple!
Based on my superior chart reading i think this is going to the moon!
Type: Short Trade ? Entry Point: $4.50 (or your precise entry from the chart) Stop Loss (SL): $4.70 (marked in red) ? Target 1 (T1): $4.33 (marked in yellow) ? Target 2 (T2): $4.12 (marked in green) ✅ Reason for Short: Rising wedge pattern breakdown with a potential rejection near resistance at $4.70. Confirmation: Breakdown of trendline with volume increasing on the downside. Timeframe: 30-minute chart.
The price of Gold is now near running near $2670 it will go up and get resistance at $2690 it will struggle to reach near break support area' $2666 this is not financial advice but the technical and fundamental analysis show that the price of Gold go up and will get again resistance $2690 to $2695 key areas Entry point $2670 to $2667 the zone TP1 $2685 TP2 $2691 SL $2658 Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me!
Yo! This is a perfect example of when to buy an early breakout. I say early because for sake of risk, buying new highs coming off long built bases is ideal. It could retest the range or potentially even fall back into the pattern if volume and strength can't dance with price. This is a great longer hold to have in a 2025 portfolio. Thank you for your time and happy trading! OnePath
As I types this we are Six days away from the inauguration of President Donald Trumps Second Term. His threats to impose 25% Tariffs on his NA allies, Canada and Mexico looms over (if I were a betting man, Loose air). Besides the matter, I still hold the ideology, that the United States will remain the dominant and leading financial market in the world economy.
Hello everyone, today let's take a look at the current gold price and the factors influencing the market. Gold prices have seen a slight increase, with spot gold rising to $2,678.8 per ounce, up by $15.1, while gold futures reached $2,693.2 per ounce, up by $14.6 compared to yesterday. This increase is driven by new inflation data showing a downward trend, which has raised expectations that the Federal Reserve will ease interest rates this year, putting pressure on the US dollar. The Producer Price Index (PPI) for December rose 3.3% year-on-year, slightly below expectations. I believe that the weak PPI data has weakened the US dollar, supporting gold prices. Investors are now awaiting the release of the Consumer Price Index (CPI) on Wednesday to assess the Fed’s policy direction, with CPI expected to rise 2.9% year-on-year. Looking at the technical chart, gold is supported by two key levels at 2,658 and 2,662, which have helped stabilize the upward trend. When encountering resistance at 2,677, gold may reverse and decline, but it could find support at 2,673, a previous resistance level. If it breaks through the 2,677 resistance, gold may continue its rise toward the target of $2,693 per ounce. Based on the current technical analysis, a stop-loss can be set at the 2,658 USD/ounce level, a critical support level that gold has held in recent times. If gold breaks this level and remains below it, a deeper correction may occur, so setting the stop-loss here will help protect profits in case of sudden market changes. However, if you prefer a safer stop-loss, you may consider setting it at 2,650 USD/ounce, a deeper potential support zone, to mitigate risks in case of a stronger market correction.
https://www.tradingview.com/x/A5E7970w/ ✅GOLD is trading in a local Uptrend and the price is About to retest a horizontal Support level of 2662$ So as we are locally bullish Biased we will be expecting A rebound and a local move up LONG? ✅Like and subscribe to never miss a new idea!✅
NASDAQ:ARM Ideal entry area would be $122 and below. ?ing.
Good Morning Traders! Lets keep it up and maintain our streak while keeping in check risk + money management!! What's the point of winning consecutive times just to lose it all in one trade? Daily Analysis on XAUUSD Gold is currently trading around 2673 after hitting 50% retracement (2677) and dumping a 40-50pips. Here is my H1 analysis, but I have attached H4 chart below as well. There are several potential scenarios where gold can move: (1) Price can retrace down lower before breaking past our 50% fibs (2677), targeting higher probability sell zone at 2680-2686 (H1 FVG, 61.8% fibs + OTE) (2) Price can simply just break past our range, hitting 2680-2686s before dumping. (3) Price can retrace lower, breaking past our prev low of 2657, where we can look for breakout sells upon retracement (4) Price can invalidates scenario (1) - (3) and bull through out HTF OTE zone (2686-2689) and into the 2700s region H4 Chart: https://www.tradingview.com/x/Ot9h8PGN/ Stay tuned as we monitor the price actions together! Remember to drop a like & follow if you want more of such analysis or join my FREE telegram channel where I post such analysis as well. Let me know what you guys think? Telegram: https://t.me/+z8R5IGDac9hjNzM9