The price is rejecting a strong resistance zone at $2,628.58, showing clear signs of bearish momentum. A break below the key support level at $2,612.62 could trigger a short entry.
? Gold Bearish Short-Term Outlook ? Price Targets: ? Target 1: $2,610 ? Target 2: $2,586 ? Stop Loss: $2,646 ? Why This Trade? ✅ Double Top Formation: A clear bearish reversal pattern suggests further downside movement. ✅ Strong U.S. Dollar: The strengthening dollar is putting pressure on gold prices. ✅ Rising Treasury Yields: The recent increase in U.S. Treasury yields makes gold less attractive compared to interest-bearing assets. ✅ Reduced Safe-Haven Demand: With easing geopolitical tensions, the demand for gold as a safe haven is weakening.
US100 has reached the daily FVG , providing a short setup at the 0.5 level with at least "1:2 RRR" and 1% risk. Any fill above the midpoint is ideal, aiming for a correction into the weekly Kijun . Recent Fed hawkishness, softening global growth, and tightening liquidity support a downside move. Stops go just above the FVG high; ride the drop toward weekly support.
The Fed spoiled the market game for one more time. Although interest rates were cut by another 25 bps as expected, still the market did not like what Powell said about projections for 2025. He noted that the Fed expects persistent inflation, hence, the current projections are drop in interest rates by only 50 bps. Inflation expectations were also corrected, so now the Fed expects the PCE indicator to end next year at 2,5%, versus 2,2% previously forecasted, while its targeted 2% is expected to reach in 2027. The inevitable happened on the Treasury market - yields went strongly higher. The 10Y US benchmark yields were moved from 4,3% from the start of the week toward the highest weekly level at 4,58%. However, they eased at Friday's trading session, after better than expected US inflation data, ending the week at 4,52%. Holiday season on Western markets is coming in the week ahead. During this period of time it should not expect any stronger moves or higher corrections. In this sense, the 10Y US Treasury would most probably end this year around levels of 4,5%.
First the dot go to leq price and touch the sl of long postions trader after go to the price that show them
It was a strongly challenging week for financial markets. The Feds projections for year 2025 came as a huge surprise, as “only” 50 bps planned cut during the course of the year, and persistent inflation was not something that markets were willing to hear, while preparing to close the year. The US Dollar gained in strength, bringing the price of gold toward the downside. The minimum weekly level reached was $2.587. The gold is ending the week at the level of $2.620. The RSI continues to move below the level of 50, indicating that the market is still not ready to make a clear move toward the overbought market side. The moving average of 50 days is trying to converge toward the MA200, but it slowly moves. Anyway, the potential cross is still not close. The week ahead brings the Holiday season on Western markets. Traditionally, this is not a time in the year when any high moves occur. In this sense, one could expect a relatively calm week when financial markets are in question. The price of gold will continue to follow its negative correlation with the US Dollar, with potential relatively smaller moves around current levels.
My Trade Idea: I'm looking to capitalize on supply and demand zones in the EUR/JPY market. Supply Zone: I've identified a strong supply zone around 163.580. This area saw a lot of selling pressure in the past, and I expect the price to encounter resistance here again. Demand Zone: Below that, I've marked a demand zone that saw strong buying pressure previously, and I expect the price to find support here. Entry Strategy: Short Entry: If the price approaches or breaks below the supply zone at 162.330, I'll initiate a short position. Take Profit Target: My take profit target is set at 161.434. This level represents a significant price move from my entry point and offers a good reward-to-risk ratio. Stop-Loss: For Short Entry: I'll place my stop-loss above the supply zone at 163.960. This limits my potential losses if the price moves against my position. Timeframe: I'm analyzing this on a 4-hour chart. Risk Management: I'll strictly adhere to my stop-loss orders. Next Steps: I'll monitor the market closely and wait for the price to approach my entry points. I'll also keep an eye on any news or events that could impact the EUR/JPY pair. Disclaimer: Trading involves risks, and past performance is not indicative of future results. I've carefully considered my risk tolerance and will only trade with capital I can afford to lose. Let me know if you'd like to discuss any specific aspects of your strategy in more detail!
Markets were happy prior to Fed's rate cut in December in expectation of an additional drop of 25 bps of reference interest rates. However, Fed Chair Powell said something that markets did not expect to hear - inflation is going to be persistent in 2025, hence, Fed would most likely cut rates by only 50 bps during the next year. The correction was immediate, and the S&P 500 dropped from the level of 6,080 down to 5.867. The index recovered a bit during Friday's trading session to the level of 5.930, after cooling inflation data. All sectors included in the S&P 500 gained on Friday, indicating that the market most probably overreacted during the previous two days. Still, this jump in the market value was not enough to cover weekly losses. A cooling inflation data for November made markets revise their initial projections and value equities at higher levels. Still, considering that the Holiday season in Western markets starts in the middle of the week ahead, it is questionable whether the S&P 500 has the strength to reach for one more time level from two weeks ago.
Hello, I would love to share my analysis with you on TRBUSDT for at least 100% move within a week. If BTC dumps to 78-80k which is likely to dump then I have placed TRB limit without any doubt here. Confluences: - Weekly Liquidity Lying On My Order Block - 1D Impulse Order Block - Institutional Area Of Interest
Bitcoin (BTCUSD) touched its 1D MA50 (blue trend-line) for the first time in more than 2 months (since October 11) and is rebounding. The first presence of short-term buyers was actually felt on Friday, when the price came close to the MA50 again and rebounded aggressively. This is a natural technical reaction during such aggressive uptrends. The key Support level during BTC Bull Cycles however is the 1W MA50 (red trend-line), which has been supporting since March 2023 and was successfully tested (and held) twice on August 05 and September 06, the last of which was technically the start of the current Bullish Leg. ** The Fibonacci Channel Up ** Bullish Legs are technically part of Channels and this time is no different as Bitcoin has been trading on a Fibonacci Channel Up since the very bottom of the last Bear Cycle in November 21 2021. As you can see, we have classified the price action on this pattern in Phases, each of whom trades within one range upwards, which is why the Fibonacci Channel succeeds at accurately displaying BTC's current logarithmic rise during this Cycle. ** The Phases and the high symmetry ** Phase 1 (blue Channel) traded within the Fib 0.0 - 1.0 range, Phase 2 (green Channel) within the Fib 0.5 - 1.5 range and we expect a 3rd one, Phase 3 (red Channel) to trade within the Fib 1.0 - 2.0 range. As you may assume, there is high symmetry between sequences, Legs and pull-backs within this pattern and the one that stands out is that rallies so far tend to record +100% rises. More specifically, both the April 14 2023 and January 11 2024 Highs of +100% rallies, then pulled back towards the 0.382 Fib retracement level, the first didn't hit it, the second almost did. ** Will we test the 1D MA100? ** But that is the rally that displays the most similarities with the current one and after hitting its 1D MA50, it broke even lower and only found Support and bounced on the 1D MA100 (green trend-line). You can see even how identical their 1D RSI sequences are, which are Channel Down patterns that started showing a bearish divergence much earlier than the top. Right now the RSI is holding the 45.00 neutral level, but the January 2024 and the 2023 fractals turned into a buy on the key 36.00 level, which is bearish territory. Even though Bull Cycles tend to get more and more aggressive as we approach the end of the Cycle and ignore previous Support levels, the 1D MA100 is currently at $79250 and rising, indicating that it can 'meet' the price on lower levels than currently, assuming how quickly the RSI also hits 36.00 (any of the two conditions hits first, the cyclical buy signal can be valid). ** The remainder of the Bull Cycle ** Beyond that, we expect the next High, as we've already entered Phase 3, to be on the -0.5 horizontal Fibonacci extension (as March 13 2024 was) and on the 2.0 Channel Fibonacci ext at a price of $150000, which is the next technical extension of the Channel. After that, you can see that both Phase 1 and 2 started multi-month Accumulation phases with a potential maximum correction to the 0.382 Fib again and as Phase 3 concludes (and possibly the whole Bull Cycle), we may see another +100% rally and a possible Top at $200000. So for the current situation the key question is as mentioned on the title: 'Are you scared enough?' now the 1D MA50 has been tested? Because we may very well drop as low as the 1D MA100 before the Fear & Greed Index turns market sentiment to 'Fear' again and makes the majority misjudge the market activity as they always have. What do you think will happen next? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?