As Powell's warnings about the impact of the trade war increased market volatility, U.S. stocks and the dollar fell sharply and gold prices hit new highs. Powell warned that the central bank may have less flexibility to quickly mitigate the economic impact of President Donald Trump's trade war, comments that sent stocks lower on Wednesday. Powell reiterated that the Fed is in no rush to cut interest rates and "would prefer to wait until the situation becomes clearer before considering an adjustment to the policy stance." He also acknowledged that the Fed could face a difficult situation where its two policy goals of price stability and maximum employment conflict, as Trump's tariff policies could push up U.S. inflation and slow economic growth. Gold prices have risen nearly $700 an ounce, or nearly 28%, this year, driven by tariff disputes, expectations of interest rate cuts and strong central bank buying, outpacing the 27% gain in 2024. Gold prices have continued to rise as the escalating trade war has raised concerns about a global recession. At the same time, the Trump administration is preparing to pressure other countries to limit trade with China in response to US tariffs in US-China trade talks. US President Donald Trump on Tuesday ordered an investigation into possible tariffs on all critical minerals imported into the United States, marking a new escalation in his dispute with global trading partners and an effort to pressure China. The latest tensions between the world's two largest economies have affected the sentiment in the financial market in general, causing investors to turn to safe-haven assets such as gold. However, a profit-taking session or positive developments in US-China trade relations could trigger a sell-off. Therefore, readers/traders need to closely monitor developments surrounding the trade war to make timely changes in their trading plans to suit the market context. Technical outlook analysis of XAUUSD gold price On the daily chart, gold continues to seek and renew all-time highs with an absolutely supported uptrend in the short, medium and long term. In the long term, the price channel (a) will be set as the main trend with the main support from the EMA21, while in the short term, gold is still in an uptrend with support from the 0.382% Fibonacci extension levels and the 3,300USD whole price point right after that. In terms of momentum, the Relative Strength Index (RSI) enters the overbought zone, a downward RSI below 80 will be considered a signal for a possible correction. In the coming time, the trend and outlook of gold prices are still bullish, the declines should only be considered as short-term corrections. But this note will be very important, in a market where assets (gold) are overbought, making them a bubble, any correction will cause serious selling sentiment. As it stands, we cannot know when the US-China trade war will cool down, and any positive developments around the trade war will trigger a sell-off in the gold market, which is traditionally considered a safe haven asset. In the day, the bullish outlook for gold prices will be listed again by the following positions. Support: 3,303 – 3,300 USD Resistance: 3,337 – 3,371 USD This is the end of the article, wishing readers a productive and happy working day
https://www.tradingview.com/x/cJCTc7KW/ HI,Traders ! GOLD made a bullish Rebound But has now hit a resistance Cluster of the horizontal and Falling resistance lines Around 3335.31 area From where we will be Expecting a bearish move down! Comment and subscribe to help us grow !
Just now went long on Trumpcoin. Targeting $7.667 area Scalp long. Let's see how it goes.
Key Level Zone: 0.1355 - 0.1366 HMT v8 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity. HMT (High Momentum Trending): HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards. Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved. Important Note : Role of Key Levels: - These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns. - Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa). My Trading Rules Risk Management - Maximum risk per trade: 2.5%. - Leverage: 5x. Exit Strategy Profit-Taking: - Sell at least 70% on the 3rd wave up (LTF Wave 5). - Typically, sell 50% during a high-volume spike. - Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio. - If the market shows signs of losing momentum or divergence, ill will exit at breakeven. The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement. If you find this signal/analysis meaningful, kindly like and share it. Thank you for your support~ Sharing this with love! HMT v2.0: - Major update to the Momentum indicator - Reduced false signals from inaccurate momentum detection - New screener with improved accuracy and fewer signals HMT v3.0: - Added liquidity factor to enhance trend continuation - Improved potential for momentum-based plays - Increased winning probability by reducing entries during peaks HMT v3.1: - Enhanced entry confirmation for improved reward-to-risk ratios HMT v4.0: - Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling HMT v4.1: - Enhanced take-profit (TP) target by incorporating market structure analysis HMT v5 : Date: 23/01/2025 - Refined wave analysis for trending conditions - Incorporated lower timeframe (LTF) momentum to strengthen trend reliability - Re-aligned and re-balanced entry conditions for improved accuracy HMT v6 : Date : 15/02/2025 - Integrated strong accumulation activity into in-depth wave analysis HMT v7 : Date : 20/03/2025 - Refined wave analysis along with accumulation and market sentiment HMT v8 : Date : 16/04/2025 - Fully restructured strategy logic
Not financial advice. There is a clear positive bull divergence with RSI and any breakout of this downward triangle we shall expect a reversal and increase of the price upward fast. Thanks ?
Deciphering this pyramid. What do you all think is going on here?
Trading indices during long weekends or bank holidays can be risky due to lower liquidity and higher volatility. Many major financial institutions and market participants are away, leading to thinner trading volumes. This can cause exaggerated price swings, making it harder to execute trades at desired levels. Additionally, unexpected news or geopolitical events over the extended break can trigger sharp gaps when markets reopen, increasing the chances of significant losses. Another key concern is the lack of immediate reaction time. Since markets are closed for an extended period, traders have no opportunity to adjust positions in response to breaking news. This can leave portfolios exposed to unforeseen risks. Spreads on indices also tend to widen during these times, increasing trading costs. For these reasons, it’s often safer to wait for normal trading conditions rather than risking unpredictable moves during illiquid holiday sessions.
The EURUSD currency pair is showing strong signs of continuing its upward trend, based on Elliott Wave analysis. Since its low on September 26, 2022, the pair has been climbing. However, it hasn’t yet hit its projected target of 1.19. This suggests more room to grow in the long term. For now, the pair remains a good opportunity for buyers as long as it doesn’t drop below the key support level of 1.0876. Looking at a shorter time frame, starting from March 27, 2025, EURUSD is moving in a classic five-step upward pattern. The first step peaked at 1.1146, followed by a brief dip to 1.087. The pair then surged to 1.147, and pulled back slightly to 1.126. It is now expected to push higher to complete this short-term cycle. After that, a temporary dip is likely before the upward trend resumes. In simple terms, as long as the pair stays above 1.0876 and hasn’t reached 1.19, any short-term declines should attract buyers in 3, 7, or 11 swing looking for more gains. Traders can watch for these dips as opportunities to join the bullish trend, with the next significant moves likely to unfold soon.
Not financial advice I like this breakout of this downtrend for the first time in very long period which i think it will reverse hopefully. Thanks?
In this analysis, I highlight the important support zone for the DXY (US Dollar Index) around the 97-98 level. Monitoring this zone is crucial for understanding potential price movements and trading opportunities.