Gold (XAU/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2,954.81 which is a pullback support that aligns close to the 38.2% Fibonacci retracement. Stop loss is at 2,828.00 which is a level that lies underneath a swing-low support and the 50.0% Fibonacci retracement. Take profit is at 3,134.30 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Market is currently trading with in a horizontal channel. We must wait for proper breakout before placing a trade.
Ford, which in recent years had diverged 150% from its main industrial benchmark, is one of the beneficiaries of Trump’s tariffs. Despite its heavy reliance on imported parts, Ford remains a symbol of domestic car manufacturing. While the market is losing trillions, Ford stays almost unmoved compared to the broader market. Cash outflows from everywhere can’t just be parked in bonds — investors need stocks like Coca-Cola. Ford is going to be one of the first to rise, with at least a 50% increase. Ford is NOT Tesla)
GBP/USD 1H Analysis – Bearish Order Block Rejection Setup Price is currently respecting a bearish structure after a strong drop from the 1.30800 area. The recent pullback is approaching a bearish order block zone between 1.29665 and 1.29739, which aligns with previous supply and resistance levels. A short position has been executed around 1.29036, with: Stop Loss: Above the OB at 1.29739 Take Profit: Targeting the 1.27968 zone, which is a key support level. Indicators like the Supertrend (10,3) and SMMA (7) confirm bearish momentum, and the broken bullish OB earlier adds confluence to the short bias. Bias: Bearish Target: 1.27968 Invalidation: Break and close above 1.29739
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis and bias remains the same as analysis dated 04 April 2025. Since last analysis price has printed a bearish CHoCH which is the first indication, but not confirmation of bearish pullback phase initiation. Price is now trading within an established internal range. Intraday Expectation: Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,187,835 Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty. H4 Chart: https://www.tradingview.com/x/Q7Urrz4a/ M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has printed as per last Friday's analysis by targeting weak internal low and printing a bearish iBOS. Price has subsequently printed a bullish iBOS indicating bullish phase initiation. Price is now trading within an established internal range. Intraday Expectation: Price to continue bullish, react at either premium of internal 50% EQ, or M15/H4 nested supply zone before targeting weak internal low priced at 2,970.215 Note: With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment. Trump's tariff announcement will most likely cause considerably increased volatility and whipsaws. M15 Chart: https://www.tradingview.com/x/xG2eG9tO/
GBPNZD has maintained a strong bullish structure since 2023, forming consistent higher highs and higher lows. After each new high, we’ve seen 400–600 pip pullbacks before price continues bullish. With a fresh high now in at 2.26481 and signs of exhaustion showing, I’m eyeing potential swing sell setups to target the previous intrahigh at 2.17900 (approx. 550 pips). This is a high risk, high reward swing play and I’ll only enter after a clear momentum shift on the daily or 4H. Bias flips back bullish if we break and hold above the high with momentum.
Colleagues, at this point I have redrawn the waves a bit and realized that the upward movement is not over yet, but a rather large correction is possible within waves “ABC” and if wave ‘A’ is finished or almost finished, I expect wave “B”. I believe that the price will reach the level of 3100. After that a reversal and continuation of a small downward movement is possible. But for now I would look at long positions. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
We look to buy around 0.8466, with eyes on a potential gap fill toward 0.8600 from April 4–6. ? Downside looks limited for now, so we’re positioning long early and letting price confirm. As always, if price doesn’t hold this area, we’ll gladly stay out. But if it does—there’s clean upside potential.
TOTAL3 has reached PRZ zone of bat pattern aligning with elliott wave count. Frrom here we may see major shift in alts. Get ready for the ultimate altseason boyz!!!
Just a quick chart on Nasdaq to show what happens when the Elliott Wave count is completed? Usually you'd see a major correction. The choice of word depends on the chart time frame. On a monthly chart its still a correction, obviously that is not true for a daily chart where it looks like a SPIKE down. This chart shows, Wave 5 is terminating within Target zone.