Market dynamics In the early Asian session on Thursday, spot gold continued its strong rise, hitting a record high of $3,165.35 per ounce. This wave of gains was mainly stimulated by the remarks of US President Trump that he would impose a 10% benchmark tariff on all imported goods, and the market's risk aversion sentiment has risen sharply. However, after setting a new high, the price of gold began to pull back and fell below the 3,100 integer mark, indicating that some bulls began to take profits. Technical analysis From the daily chart, the price of gold closed in a cross star pattern yesterday, suggesting that the upward momentum has weakened. Although it hit a new high in the morning today, the subsequent pullback indicates that the market may have a staged top. The 4-hour chart shows that although the moving average system is still in a bullish arrangement, the MACD indicator shows a top divergence signal, and the indicator failed to break through the previous high when the gold price hit a new high, which indicates that the risk of short-term pullback is increasing. Key price Upper resistance: 3110-3100 area (previous high conversion pressure) Lower support: 3060-3055 (short-term bullish defense line) Operation suggestions Short-term recommendations are mainly rebound short selling: Entry point: around 3110 Stop loss setting: above 3120 Target price: 3080-3070 range Risk warning It is necessary to pay close attention to the support of MA5 and MA10 moving averages If the gold price stands above 3100, it may resume its upward trend The subsequent development of trade policies may continue to affect market sentiment The current gold market is in the adjustment stage after the historical high. Investors should remain cautious, strictly set stop losses, and guard against sudden volatility risks. Before the trend becomes clear, it is recommended to control positions and respond flexibly to market changes.
After a short round of sideways consolidation, gold prices are moving upward again today. At present, the moving average cluster continues to show a bullish arrangement, but the MACD indicator is double-lined, and the indicator failed to break the high when the gold price broke the high. There is a risk of divergence in the future, suggesting that attention should be paid to the stabilization of the intraday correction. In terms of short-term operations, it is recommended to rebound and short, pay attention to the resistance of 3125-3130 on the top, and pay attention to the support of 3075-3070 on the bottom. Gold operation strategy: Gold 3110 short, stop loss 3120, target 3080-3070;
Sellers are not showing any remorse, and we see a strong dominance on their side currently. Slowly we are approaching the sell entry of ours, whereupon seeing a breakdown, we expect the price to fall as low as $1500. Swallow Academy
Hello friends Wait for the price to come down a little and then buy until the target is clear! Tariffs will save America Now only a few gamblers are playing
USDZAR has been climbing up rapidly this week, I would like to see price decline from around 18,95 towards 18,71.
Hi folks today I'm prepared for you Bitcoin analytics. Some time ago, BTC showed a strong downward move that brought the price into the support zone between 82200 and 80900 points. This area acted as a major demand zone, and after several retests, the price formed a solid base. From this support, BTC made a sharp bullish impulse, breaking through local resistance and heading toward the descending trend line. Eventually, the price reached the key resistance zone and tested the trend line, but failed to break through it. After that, BTC started to decline again and returned to the support zone around the 82200 level, where it is currently consolidating. At the moment, the price is trading near the lower boundary of the support zone. The strong reaction from this zone in the past and the overall price structure suggest that bulls are still active. Given the previous impulse move, the bounce from the support, and the clear target structure, I expect BTCUSDT to rise from the current level toward my goal at 87500 points. If you like my analytics you may support me with your like/comment ❤️
Once again we have to thank Trump for dumping the markets and coming out with insane tariffs like he did here. Nevertheless, markets have dumped pretty hard and Bitcoin itself dumped $6K in price, where we've been moving just as we've been wanting the Bitcoin to move. Our game gameplan remains the same; we want to see a bigger drop! Swallow Academy
Hello everyone, Greetings As we can see XAUUSD is still UPTREND, but in short term after hit ATH abit correction down cause of TRUMP Tariff in the news today. also XAUUSD is near MA200 in Time Frame 1H this just analysis not for entry. Remember trading is high risk, do your own research
Last time we looked at Copper (HG1!) was on January 24 (see chart below) giving a buy signal that easily hit our 4.6550 Target: https://www.tradingview.com/chart/HG1!/hqrfdtMO-COPPER-extending-a-Bullish-Leg-to-the-7-month-Resistance/ This time the market is in front of a critical moment. The 2025 pattern has been a Channel Up, which last Wednesday reached the top (Higher Highs trend-line) of the 1-year Channel Up. As long as the 2025 pattern holds, the recent pull-back is a buy opportunity targeting 5.3745. If the 1D MA50 (blue trend-line) breaks however, we expect a quick dive, rebound re-test and rejection, similar to July 05 2024. In that case, we will target the bottom of the 1-year Channel Up at 4.150. ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
Price has finally made its way back to the demand zone previously showing strong support. I will be looking to go long in this area to avoid being stopped out by pullback if getting in too late.