Gold news: In the early Asian session on Wednesday (April 2), spot gold fluctuated in a narrow range and is currently trading around $3114.90/ounce. Gold prices rose and fell on Tuesday. Spot gold rose to around the 3150 mark earlier, setting a new record high of $3148.85/ounce, but then fell back due to profit-taking, closing at $3114.03/ounce, down about 0.3%. US President Trump plans to announce comprehensive tariffs on countries with trade imbalances with the United States on April 2, which has spawned a large number of safe-haven buying, helping gold prices to continue to rise, but near the last moment, some bulls took profits in advance. Gold has always been seen as a hedge against geopolitical and economic uncertainties. On Monday, gold closed with its strongest quarterly performance since 1986 and broke through $3,100 per ounce, becoming one of the most significant gains in the history of precious metals. Technical analysis of gold: Gold 4-hour chart retreated to the middle track and paused for a while. Today, the battle between the high point 3148 and the 4-hour middle track will be fought. Losing the middle track will further increase the adjustment space. On the contrary, holding the middle track to recover the high point will continue the slow rise. The market outlook will continue to cooperate with the slow rise method of one step back and one turn back. That is, the repeated high-exploration and fall method. From the 1-hour chart of gold, the rising volume at the end of the wave-shaped tail is usually not sustainable, accompanied by the one-step back and one-step wash-out method. After yesterday's retreat, today's early trading rose quickly, accompanied by a big negative line in the hourly chart to retrace and correct, and stepped back to the local high of 3150. The fluctuation base is large and the adjustment space can be large or small. It is not easy to chase high at the current position. Although shorting is against the trend, the implementation of overbought tariffs on the technical level will also be realized, and the room for adjustment cannot be underestimated. We should use ultra-short-term combined with medium and long-term short-term to respond to short-term adjustments. On the whole, today's short-term operation of gold recommends shorting mainly on rebounds, supplemented by longs on callbacks. The top short-term focus is on the first-line resistance of 3138-3140, and the bottom short-term focus is on the first-line support of 3100-3083. Friends, you must keep up with the rhythm. It is necessary to control the position and stop loss, set stop loss strictly, and do not resist the order operation. The specific points are mainly based on real-time intraday trading. Welcome to experience and exchange real-time market conditions. ?Follow real-time orders. Gold operation strategy reference: Short order strategy: Strategy 1: Short stop loss of 6 points near 3136-3138 when gold rebounds, target around 3115-3100, break the position and look at 3085 line; Long order strategy: Strategy 2: Go long when gold pulls back around 3105-3095, stop loss 6 points, target around 3120-3110, and look at the 3130 line if the position is broken; Trading discipline: 1. Don’t follow the trend blindly: Don’t be swayed by market sentiment and other people’s opinions, and operate according to your own operation plan. The market information is complicated and complex, and blindly following the trend can easily lead to the dilemma of chasing ups and downs. 2. In gold trading, we will continue to pay attention to news and technical changes, notify you in time if there are any changes, strictly implement trading strategies and trading disciplines, move forward steadily in the volatile market, and achieve stable asset appreciation.
Apple Inc. ( NASDAQ:AAPL ) is showing signs of strength as it builds momentum in a classic Elliott Wave structure. Today’s chart highlights a 5-swing rally from 208.4 low that has propelled the stock higher, signaling potential for further upside in the near term. After establishing a solid base, NASDAQ:AAPL has completed a 5-swing sequence—a bullish pattern often seen in trending markets. The rally began from a key support zone of 184.6 – 209.5. The latest leg up has ended wave (1) in 5 swing, suggesting the short term trend shifts to the upside. As long as pullbacks hold above the recent swing low, the path of least resistance is upward. The immediate support sits at the prior swing low at 208.4. A hold above this zone keeps the bullish outlook alive. A break below this critical level would negate the bullish view, potentially signaling a deeper correction. Expect pullback in wave (2) to find support in 3, 7, or 11 swing for further upside. For those looking to join the trend, consider waiting for a 3 waves dip toward 100% – 161.8% Fibonacci support to optimize the risk-reward ratio. Define your entry, stop loss, and target ahead of time—tools like the Position Size Calculator can help fine-tune your approach.
Tia short. Volatile pair, monitoring closely. Just looking to scalp it for now down to $3.001 Roughly 2.74 RR Anticipating breakdown right about now. Time sensitive.
Today's buying and selling boundaries: 3121 Support and resistance levels 3168 3151 3139 3102 3091 3073 Trading strategy: If the price breaks through 3121, consider buying, the first target price is 3139 If the price breaks through 3102, consider selling, the first target price is 3091
NZD hit that weekly zone an has been trending up every since we may still have some bullish momentum lets keep an eye out..
Based on the H4 chart, the price is rising toward our sell entry level at 194.70, a pullback resistance that aligns with the 61.8% Fibonacci retracement. Our take profit is set at 193.08, a pullback support. The stop loss is set at 196.03, 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 (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 (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 (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 fxcm.com/au Stratos Global LLC (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.
Today's buying and selling boundaries: 149.55 Support and resistance levels 150.70 150.27 149.99 149.11 148.83 148.40 Trading strategy: If the price breaks through 149.99, consider buying, the first target price is 150.27 If the price breaks through 149.55, consider selling, the first target price is 149.11
Im looking for a little more bullish on oil an see what it has in store for the week..lets go oil!!!
Bias: No Bias USD News(Red Folder): -ADP Non-Farm Employment Change Analysis: -Strong rejection from ATH 3148 -Looking for bearish structure on lower timefram -Potential SELL if there's confirmation on lower timeframe -Pivot point: 3140 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
IS THE "GOLDEN HOUR" FOR A 20% BTC SHORT DROP APPROACHING? Hello everyone, Yesterday, I provided you all with a detailed and comprehensive analysis of the events BTC will experience in April. After the March candle closed and the April candle opened, things have become quite clear and well-defined. However, in the "BTC April Analysis" post, the monthly candle and the overview mapping for D1 (daily) and W (weekly) timeframes had some broad leaps. It’s not detailed enough for precise actions—it gives us a nearly complete framework, but there are still some rough edges. To make it more polished, we need a highly detailed analysis with a refined level of completion to guide specific actions. That’s why today, I’m bringing you a new analysis with the theme: "The Golden Hour for BTC’s SHORT Point – A 20% Value Drop?" Why 20%, and Is 20% Too Much? As shown in the analysis chart, one thing is very clear: BTC is currently in an upward correction phase. This upward correction started from two zones: Zone 1: From 80,000$ to 88,000$. Zone 2: From 81,600$ to the current level of slightly above 85,300$. In each phase, we’ve been able to catch the turning points and the starts of new waves. Back to the main question: From which zone will BTC drop to which zone, and why would it lose 20% of its value from that point? Right now, BTC hasn’t confirmed a drop, but there are key price zones emerging for us to monitor: Zone 1: 87,600$ Zone 2: 88,800$ Zone 3: 92,000$ Current Situation Analysis Current BTC price: 85,000$. These zones are quite close to the upper peak zones. This is the second upward wave, so we need to be very cautious because an "earthquake and tsunami" could hit soon without prior warning. Think of it like climbing a mountain: At the base, we can’t see the peak. But as we climb closer to the top, the peak gradually comes into view. Right now, it’s clearly visible. From the peak zones (87,600$, 88,800$, or 92,000$), BTC could drop to a target zone around 70,000$. This is the zone where we identify the drop as approximately 20%. Market Capitalization: If BTC drops 20%, the crypto market cap (currently around 2-3 trillion USD, depending on the time) could lose 15-20%, as BTC accounts for about 50-60% of the total market cap. The exact percentage depends on the broader market’s reaction. Altcoins: Altcoins typically experience stronger volatility than BTC. If BTC drops 20%, altcoins could fall 30-50% or more, especially smaller coins. Stronger altcoins (like ETH) might only drop 20-25%, but most will be hit harder. Conclusion BTC is currently in an upward correction phase, but signs suggest that the "Golden Hour" for a SHORT entry with a 20% drop could be approaching. Keep a close eye on the peak zones (87,600$, 88,800$, 92,000$) and prepare to act when the price hits these levels. Enjoy the analysis, everyone!