Could the ETH monthly bull flag be a joke? We need to watch until the end of 2025.
XAUUSD Swing Long Trade This is a high-confidence swing trade setup with multiple confluences across monthly and daily timeframes. Trade Details : - Risk: 5% of capital - Risk-Reward Ratio (RRR): 1:4 - Entry: Anywhere within the monthly Fair Value Gap (FVG), which has a 90-point range. You may DCA (Dollar Cost Average) into your position for better flexibility, though this is discretionary. - Confluence: Signals align from the monthly down to the daily charts, indicating strong bullish momentum. Macro Factors Supporting Gold Longs : - Safe-Haven Demand: Global geopolitical tensions, including conflicts in the Middle East and Eastern Europe, have driven investors toward gold as a risk-averse asset. - Rising Recession Risks: With several central banks maintaining high interest rates for prolonged periods, economic slowdown fears are rising, further boosting gold demand. - Central Bank Purchases: Central banks worldwide, especially in emerging markets, continue to accumulate gold reserves to reduce reliance on the US dollar. - Inflation Hedging: Persistent inflation concerns make gold an attractive hedge, particularly as real yields show signs of plateauing. - Weakened Dollar Outlook: A potential pivot in US Federal Reserve policy could weaken the dollar, which would likely support gold prices in the medium to long term. This swing trade offers a strong opportunity to capitalize on the current macroeconomic and technical landscape favoring gold's upward momentum. Stay aware of any unexpected fundamental developments that could influence the market.
The price is expected to reach the following numbers: 1_98700. 2_93650 . This is just a possibility.
Ther DCR is trending and there is an opportunity to long based on Bullish Pennant projections.
Ethereum hitting right after the line. Very close closer than before. in reference to my previous post about Jasmy. I have not had time to look at charts. Always missing big moments.
Daily live trade with XAUUSD in 15m/30m/1h 20241205
So DIA did open with a gap up and push to make new all-time highs by just a penny or two. So DIA did re-gain control of the 35 EMA and we are back in green territory for the week.
Fundamentally the stock is strong and technically it is just starting to complete the W.
Since creating my indicator months ago I have never seen any crypto project pass direcrtly through the two dotted blue lines until now with Jasmy today. I referred to the center of the two lines as the black hole of which has too much energy for any crxyptocurrency including Bitcoin and Ethereum to ever cross directly through the center. Quite interesting.
IWM stayed close to the 35 EMA today. We did drop again to that open up gap that we tested the day before and we did find that as support to close in the green up .36%. So doing a little consolidation here after making those new all-time highs, we consolidated back to 35 EMA and reset the indicator. The weird thing is that 30 minute 200 moving average is just completely flat, momentum is gone.