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The gold spot is currently bearish due to a combination of factors including rising U.S. Treasury yields and a stronger U.S. dollar, which reduce the appeal of non-yielding assets like gold. Additionally, hawkish signals from the Federal Reserve, suggesting potential for prolonged higher interest rates to combat inflation, have dampened investor demand for safe-haven assets. Market sentiment has also shifted towards risk-on, with equities and other risk assets gaining ground, further weakening gold's position. As technical indicators show downward momentum and gold prices struggle to hold key support levels, the bearish outlook remains intact in the short term.
Hey there my friend SIGNAL ALERT BUY GER40 - 20,783,0 / 20,281,0 ?TP1: 21,000,0 ?TP2: 21,500,0 ?TP3: 22,950,0 ?SL: 19,298,5 RR - 20,797,0 - 1,50 / 20,281,0 - 2,97 Please don't forget to like ??
NIFTY 22700 PE 17TH APR EXP NIFTY OPTIONS BUYING TRADE TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS Hi Traders, The Nifty has a resistance zone between 22,850 - 22,900, which is expected to act as a significant barrier. This could present a potential sell-on-rise opportunity. We recommend targeting the 22,700 Put Option (expiring on April 17th) within the price range of ₹115 - ₹120. Target levels: ₹190 and ₹240. Stop Loss (SL): ₹100 Regards, OptionsDaddy Research Team
Gold Price Surpasses $3,200 for the First Time in History According to the XAU/USD chart today, the price of an ounce of gold is fluctuating above the $3,200 level on global exchanges — a level never reached before. Since the beginning of 2025, gold has gained approximately 22%. Why Is Gold Rising Today? Today’s bullish momentum in the gold market is driven by two key factors. First, inflation data. Figures released yesterday for the CPI (Consumer Price Index) revealed a slowdown in inflation in the United States. This suggests a greater likelihood of monetary policy easing by the Federal Reserve. According to Reuters, gold prices now reflect expectations of three interest rate cuts by the end of 2025 — and lower rates typically support a stronger XAU/USD. Second, fears of a global recession. Although US President Donald Trump has introduced a 90-day delay on the implementation of international trade tariffs, this does not apply to China, where tariffs have been increased to a striking 145%. Traders fear that Beijing could retaliate by raising tariffs on US goods beyond the current 84%. https://www.tradingview.com/x/ZO4AZ8sE/ Technical Analysis of XAU/USD At present, the gold market is showing strong upward momentum, which began in early March (as illustrated by the blue trend channel). Key points include: → A breakout above the upper boundary of the channel; → The RSI indicator suggests a potential bearish divergence forming. This points to the possibility of a short-term pullback into the blue channel, which would be a natural correction — especially considering the rapid $200 surge from $3,000 to $3,200 over just two days. However, given the current news backdrop, it seems unlikely that the bulls will relinquish control anytime soon. 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.
Fatcoin is showing signs of a potential swing long setup as it approaches a critical support level. With key technical confluences aligning, traders should keep a close eye on how price reacts around this zone. If support holds and volume confirms, this could present a high-probability long entry in the days ahead. Key Points: • $1.51 is the critical support level to hold for bullish continuation • This level aligns with the 0.618 Fibonacci retracement and the value area high • A spike in volume on the retest of this level will confirm market interest Fatcoin’s current pullback may present an ideal opportunity for a swing long, but only if $1.51 holds as support. This level carries significant weight as it aligns with three major technical factors: the 0.618 Fibonacci retracement of the recent move, the value area high, and the previous support zone. These overlapping confluences create a high-interest area where buyers are likely to step in. Equally important is the volume profile. For this setup to be valid, we need to see a notable increase in volume when price tests the $1.51 level. This surge in volume will signal that market participants are stepping in with conviction, validating the support zone and increasing the likelihood of a bounce or continuation to the upside. Without this confirmation, the level remains vulnerable and the setup loses strength. If volume confirms the support hold, this would suggest the bullish market structure remains intact. A strong reaction from this level would likely set the stage for the next leg up, making this an optimal area to consider entries for those targeting higher timeframe swing moves. As always, patience is key — let the level prove itself before executing. A disciplined approach will always outweigh a rushed entry when trading key inflection zones.
On the 4-hour chart, ETHUSD forms a potential head and shoulders bottom pattern. Currently, we can focus on the support near 1470. If it falls back and does not break, it will be expected to rise. The upper resistance is around 1750, and the breakthrough will go to the resistance near 1956.
Daily Gold trading zones: Identifying potential opportunities for informed traders.
A dragon fly doji is many times stronger than a hammer candlestick as reversal pattern. Here, looking at ACSUSDT on the 3D timeframe, we have a perfect dragon fly doji to mark the correction bottom and low. This is followed by a bullish breakout and green candle, which means confirmation. After a new ATL immediately we get an up-move with a trading volume above-average. Volume also started to rise to its highest level just a few months ago. This is a strong chart setup and a great buy opportunity for those looking for big gains. Huge potential for profits. Pairs like this, small cap., can have a huge potential for growth while being spot. That is, the profits that can be generated here are as good as a leveraged trade on a big project but without the risk. I need to dig out more pairs like this, but right now I am focusing on your pick. Here I am mapping a target for 656%. I am sure there will be more, much more. I am also mapping a short-term target for 140%. This pair can easily grow beyond 1,000% in the upcoming bullish phase. Thank you for reading. This is your Top Altcoin Choice. Namaste.
Pairs on Watch - FX:GBPAUD FX:NZDCAD FX:GBPUSD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!