? **Trade Setup Description – XAU/USD (Gold)** This is a **bullish breakout setup** on the 30-minute chart of XAU/USD, aiming to capitalize on momentum continuation toward the **All-Time High (ATH)**. --- ### ? **Setup Details**: - **Trade Direction**: Long (Buy) - **Entry Zone**: 3292–3294 Price broke above a key level (marked support zone), offering a potential entry as it retests. - **Stop Loss (SL)**: 3289 SL is set just below the previous candle low to reduce exposure and protect against invalidation. - **Take Profit (TP)**: 3332.22 (Targeting ATH) Based on previous resistance at the ATH level. --- ### ? **Key Concepts Noted on the Chart**: - **Left Shoulder (L.S)** indicates part of an inverse head and shoulders formation—a bullish reversal pattern. - **ATH Zone** is highlighted as both a target and potential resistance. - **Risk Management Note**: Traders are reminded to adjust SL for broker spreads and to always manage risk properly. --- ### ? **Trade Objective**: To catch a continuation of bullish momentum as gold retests the breakout zone with a tight SL and a high reward-to-risk ratio aiming for the ATH.
On April 3rd, AERGO hit a historic low of $0.04746—and just 13 days later, it's trading around $0.60, an astonishing +1500% surge in less than two weeks. The rapid rise begs the question: What are the bulls aiming for next, and how sustainable is this move? Key Observations: Explosive Rally: AERGO’s meteoric move from $0.04746 to $0.70 in just 13 days has propelled the coin into uncharted territory. Such a dramatic spike is not only eye-catching but also raises concerns about overextension. RSI Overbought: The daily RSI sits at 98, indicating extreme overbought conditions. This level suggests that the current rally is unsustainable and may be ripe for a pullback. Historical Resistance Levels: Looking back at 2021, key highs were established around $0.60 to $0.62. These levels serve as critical resistance zones. Fibonacci Confluence: Taking the Fibonacci retracement from the low at $0.04746 to the previous rally's high at $1.0809 (April 13, 2024), the 0.618 level is projected at $0.68613. The bulls just tested that golden pocket. Trade Strategy & Potential Setups: For Longs: With the market showing signs of being overbought (RSI at 98) and the explosive move possibly winding down, this may be the perfect opportunity to take profits rather than accumulate further. Take Profit Consideration: Target: Near the 0.618 fib retracement at $0.68613. Observation: If bulls push beyond this level, the move might extend — however, the risk of a sharp pullback is high given current overbought conditions. For Shorts: A corrective move is very much on the table, and traders looking to short should focus on the key resistance zone between $0.60 and $0.70. Short Setup: Entry: Look to initiate shorts near the $0.60–$0.70 zone. Target: $0.4 and $0.2 as take profit targets The Big Question: Will AERGO drop as sharply as it surged? Given the extreme overbought conditions and the rapid, unsustainable spike, a healthy—and perhaps brutal—correction seems very possible. Keep a close eye on volume and price action near the $0.60–$0.70 resistance zone and be ready to adjust positions accordingly. https://www.tradingview.com/x/MWqjmy9w/ Anyone riding this wave has experienced one of the wildest moves in recent memory. For those in long positions, consider taking profits now; for potential short traders, watch those key levels tightly. The market's rhythm will soon reveal its next chapter.
https://www.tradingview.com/x/M8IDjjai/ The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the AUDCAD pair price action which suggests a high likelihood of a coming move down. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️ Please, support our work with like & comment! ❤️
Market Analysis: GBP/USD Rockets Higher GBP/USD is gaining pace above the 1.3220 resistance. Important Takeaways for GBP/USD Analysis Today - The British Pound is attempting a fresh increase above 1.3220. - There is a key bullish trend line forming with support near 1.3245 on the hourly chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On the hourly chart of GBP/USD at FXOpen, the pair remained well-bid above the 1.2850 level. The British Pound started a decent increase above the 1.3000 zone against the US Dollar. The bulls were able to push the pair above the 50-hour simple moving average and 1.3150. The pair even climbed above 1.3200 and traded as high as 1.3263. It is now consolidating gains and trading well above the 23.6% Fib retracement level of the upward move from the 1.3030 swing low to the 1.3263 high. https://www.tradingview.com/x/h6vbX3JY/ On the upside, the GBP/USD chart indicates that the pair is facing resistance near 1.3260. The next major resistance is near 1.3320. A close above the 1.3320 resistance zone could open the doors for a move toward 1.3450. Any more gains might send GBP/USD toward 1.3500. On the downside, there is a key support forming near a bullish trend line at 1.3245. If there is a downside break below 1.3245, the pair could accelerate lower. The next major support is at 1.3145. It is close to the 50% Fib retracement level of the upward move from the 1.3030 swing low to the 1.3263 high. The next key support is seen near 1.3030, below which the pair could test 1.2860. Any more losses could lead the pair toward the 1.2745 support. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
? Bitcoin to $70K? My LSTM Model Thinks So ? I've been working on an LSTM (Long Short-Term Memory) neural network designed to forecast Bitcoin prices, and the results are exciting. My model analyzes historical BTC data and learns temporal patterns to predict future movements. After extensive training and optimization, it reached an accuracy of around 96% on the training set. ? How it works: LSTM networks are especially powerful for time-series forecasting because they can capture long-term dependencies and trends in data. I trained my model using historical daily BTC prices, letting it learn the complex patterns and volatility that define crypto markets. The model takes sequences of past prices and uses that context to project the price movements of the next 30 days. ? The Forecast: Based on the model's output, my current prediction is that Bitcoin will reach $70,000 within the next 30 days. This projection isn’t just a guess – it’s backed by a deep-learning model built to handle the chaotic nature of crypto. ⚠️ Note: While the training accuracy is high, real-world conditions can differ, and models should always be taken as tools—not certainties. I’m sharing this analysis to contribute to the community and spark discussion. Would love to hear your thoughts or see if others are seeing similar trends! ? #Bitcoin #BTC #CryptoAnalysis #MachineLearning #LSTM #BitcoinForecast #CryptoTrading
CRYPTOCAP:SOL.D SOL.D tagged the high time frame 1.618 and has now formed a 'V' shaped recovery. Price is currently on top of the 1:1.272 ratio band and sitting tight slightly above the 200 EMA. This area could turn into support here. This suggests a nice wave up in the works for SOL and SOL based meme coins. ? - Not Financial Advice -
Meine Trading Idee für den CADJPY short. Wie zu erkennen ist befindet sich der Kurs aktuell in einer Abwärtsbewegung. Diese hält weiter an und der Kurs zeigt weiter Schwäche im Markt. Unterhalb sieht man die Zone mit weiteren Aufträgen die ich als meine Targetzone sehe. Hinweis: Keine Handelsempfehlung sondern nur meine Idee.
AU10TIX has appointed Yair Tail as the new chief executive of the identity verification (IDV) provider, with a mandate to focus on advancing AU10TIX’s machine learning capabilities and driving global growth through a tailored regional approach. Succeeding former CEO Dan Yerushalmi, who is stepping down to dedicate more time to his family, Yair Tail has over […]
The London Stock Exchange Group has appointed Gianluca Biagini and Ron Lefferts as Co-Heads of its Global Data and Analytics division. Biagini will join the company from S&P Global on August 18, 2025, while Lefferts will transition from his current role leading LSEG’s global sales organization. Both executives will report directly to LSEG Chief Executive […]
Bitcoin experienced a bearish trading session yesterday, but from our perspective, it appears more like an ongoing consolidation phase within the established range, rather than a decisive move in any particular direction. This dip has pulled the broader crypto market down alongside it, though we don’t anticipate significant volatility in the short term. BTC has […]