On the news: Gold prices fell for a third day in a row as signs that trade talks between the United States and China may be progressing dampened demand for safe-haven assets. News that the Trump administration is about to announce the first batch of agreements, which will reduce planned tariffs on some countries, also eased concerns about the outlook for global trade. Technical aspects: After the current gold market broke down, it started to fall from around 3270, which is also the key position for us to continue to bet on the market falling. At present, the short position of gold is more advantageous. Then in the short term, gold will focus on the support near 3233. If it falls below, then gold will reach the 3200 mark. https://www.tradingview.com/x/Kq7voQRZ/
An over simplification? I hope so. The narrative fits too close for me. Needless to say, it's worth keeping an eye on. If we manage to keep interest rates low for a while but inflation creeps in again (not due to high demand but because of monetary inflation) I can see the debt spiral scenario playing out in full force. This is a chilling thought, not something my generation has been exposed to and I believe it could have a very different impact to the population than the previous cycle. The difference being of course, the inflation not being demand driven but monetary debasement driven. To me this practically means a more impoverished population that is already struggling and those holding assets will further increase their portion of the pie. There are a lot of unknows for me, as I basically know nothing about this. These are just my back of napkin thoughts. Me, trying to make sense of the world we live in because I know you can't look to anyone for the answer. Why? Frankly, I have learned that 98% of us don't know anything. Ps - I am still not taking the deflationary narrative play off the table. Population decline, low interest rates and using robots to increase GDP etc. But either way all I can see is a exponential increase in debt creation. What other option is there? Both scenarios can't possibly lead to the same outcome, can they?
Waiting for PA to develop for XRP since it is currently in a consolidation. Although breaking the trend upwards on a daily chart with a clear displacement I am still yet to be sure about either longing or shorting this. I am currently waiting for either a sweep of BSL or SSL and then would likely enter the trade when I see a valid OB near the resistance zone and matches the POC and vice versa for support zones. GOODLUCK! I always appreciate a follow :)
? Nike Inc. (NKE) – Bullish Swing Setup in Play Nike has formed a strong base around the $54–$56 zone after a significant downtrend. Price is currently consolidating within a demand zone and showing signs of accumulation. A breakout above this range could trigger a short-term bullish reversal. ? Entry: $56.40 ? Targets: TP1: $62.65 (previous support turned resistance) TP2: $70.51 (strong supply zone) ❌ Stop-loss: Below $52.28 Volume shows signs of drying up, indicating potential exhaustion of selling pressure. This setup offers a favorable risk-to-reward ratio if the reversal holds.
GBPUSD – Short-Term Upside Retest ? Long Bias | ? Target: 1.33181 | ⏳ Deadline: May 1 After extended downside pressure, price is showing signs of curling back toward the prior breakdown area near 1.33181. Watching this level closely as a short-term magnet on the lower timeframes. I am in. ? All trades can be replayed on TradingView for learning and review. #GBPUSD #Forex #PriceAction #MarketSetup #TradingView #GlobalHorns
Wyckoff Accumulation on Protean. Defended the LT support last time and formed a spring. Currently in D phase and it's going to take off in the coming weeks in my opinion. Decreasing volume on the daily too indication trend reversal might be imminent. Let me know what you think.
Gold has a pattern of about 74% run. You could break it down to 74/3 as well as I had done in a related post. It could ender into some consolidation for a few months
SOL brokestructure on the 1h timeframe with a valid orderblock as seen on the chart. Bias is generally bullish. This is a more riskier setup as I've analysed that SOLANA is going lower because of the HTF OB. Because they always outperform the LTF :). For riskier setups always use .5% risk or less. I always appreciate a follow :) keeps me going.
I hope market will move back next day from here , as i believe 1.1275 around has support that may push price to test again 1.138 around to go for deep correction but focus on news too..
My Last idea i shorted Bitcoin Top when everyone was bullish Marked 75K as bottom when everyone was bearish i have high confidence in this ETH Setup Enjoy