Silver (XAG/USD) recently topped out near $33.85 and is now showing strong signs of a potential bearish reversal. Momentum indicators are cooling off, and price action is breaking below short-term support with a clear shift in sentiment. ? Technical Highlights: ✅ Rejection from resistance near $33.85 ✅ Bearish MACD cross with growing downside momentum ✅ RSI dropping from overbought territory ✅ Loss of 9 EMA support ✅ Lower high forming after sharp rally ✅ Weakening momentum following extended upside move ? Trade Setup: ? Entry Zone: Current levels ($33.58–33.60) ? Stop Loss: Above $33.86 (recent swing high) ✅ TP1: $33.35 – minor support ✅ TP2: $33.15 – previous structure level ✅ TP3: $32.90 – major horizontal support ? I’ve taken a short position here with a tight stop and a clean risk/reward profile. Watching for continuation as momentum shifts to the downside. Let’s see how this unfolds ??
House of Cards - $585 before the crash I'm unable to update my previous idea that I originally posted in February when AMEX:SPY was at the top. Going to make this brief and will add screenshots and additional notes once the structure of Wave (B) is confirmed or invalidated. On the 500R chart ($5), the price has risen in a distinct 3-wave pattern labelled A-B-C, with C reaching the 1.236 extension of A and finding resistance at the 100SMA (yellow). The low of Wave (A) respected the boundary of the lower line of the regression trend I have added to the chart. While this trend started prior to what I am considering Wave (A), I still think it provides a good target for the top of the retracement. Wave (c) of A of (B) (still following me?) is not confirmed as complete yet. It could extend as far as $584 without pulling back, however I anticipate the market building more liquidity on the way up while burning options in the process. I bought 3/28 $570p at the end of the day in case we see a 50%-61.8% pullback to $560-$563 by the end of the week. If that happens, we should have enough room to reach the upper band at $585, which would be a little over a 50% retracement of Wave (A). This would also cause the price to touch the 200 SMA (green), which is common in the first major retracement of a bear market. Lastly, from a psychological perspective, the market reached an overwhelmingly bearish consensus from mid-February to mid-March. Sentiment during Wave (a) was mostly bearish, but sentiment has shifted positive since the price entered Wave (c) and gapped up on Monday, resulting in a >+1% day. This sets the stage for a rug pull and subsequent bear trap for late sellers who will assume the downtrend has resumed prematurely. We'll see how this plays out. I'll switch to calls if a higher high is made Wednesday 3/26. Good luck to all.
I don’t know how to explain it, but everything in me says, “this is going up!” ? If I’m right—sweet profits! ? If not, I’ll take the loss like a champ and move on. Just my opinion, not financial advice.
As of 26/03/2025, XAUUSD is at the following prices: Open: 3019.59 Highest (so far): 3027.01 Lowest (so far): 3013.19 at the current analysis time. There is an indication of a reversal/retest on the D1 timeframe chart. The chart is forming a consolidation after a decline from the previous price of 3054. Currently, the price is at 3015 after a bullish retest candle on 25/03/2025. A new bearish confirmation will only be valid if today's candle does not break above 3007.43 and forms another bearish candle as a setup for momentum on 27/03/2025 to break below 3007.43. If the nearest support area on D1 is broken, the price will most likely target the 2966-2976 range below. Always place a stop-loss at the nearest strong resistance to avoid false breakouts.
EUR/USD marked in a fifth straight down day on Tuesday. Market headlines take US data misfire in stride. US Durable Goods Orders due on Wednesday as Euro traders left to wait. EUR/USD has slowed its recent pace of declines, but still lost ground for a fifth consecutive trading day as price action continues to test below 1.0800. The Euro is struggling to find its feet as a notable lack of meaningful EU data on the economic docket leaves Fiber bidders at the mercy of geopolitical headlines and market flows from US data releases. On Tuesday, the US Conference Board (CB) reported an increase in one-year consumer inflation expectations, rising to 6.2% in March from 5.8% in February. Consumers remain highly concerned about the persistently high prices of essential household items, particularly eggs, and the potential inflationary impacts of tariffs imposed during the Trump administration.
Gold market analysis: Gold has been fluctuating this week, and daily buying and selling have begun to compete. I estimate that this week will fluctuate first, and the direction will begin in the second half of the week. Today has entered the end of the fluctuation. We will follow up with new ideas if it breaks through. The current large fluctuation range is 3000-3037. Yesterday, the daily line closed with a small positive, but the upper shadow line was relatively high. The daily line now has no obvious direction. The 5-day line and the 10-day line of the daily line have begun to merge. Today's Asian session will maintain a small range of fluctuations to treat both long and short opportunities. If it breaks through 3000-3037 at night, either side should actively follow. The current small fluctuations have not changed the buying trend of the large cycle, but the top is still very obvious. In the Asian session, gold should first focus on the space between 3013 and 3035. If the Asian session falls back to 2013 first, look for buying opportunities. The low point of the Asian session is 3016. The support of the Asian session is around 3016-3013. The suppression position is the high point of yesterday. The volatile market must be controlled well, otherwise it is easy to get on the train midway and it is difficult to catch profits. Support 3016-3013. Strong support 3000, suppression 3035-3037, the watershed of strength and weakness of the market is 3020. Operation suggestion: Gold------Buy near 3013, target 3030-3040
Stay within the pattern before a major trend reversal happens which would disrupt the pattern, I am using EMA34, Trend Lines, BJ Key Levels, RSI, MACD and of course liquidity heatmap to analyse the positions on different time frames
SGD 6.86 is a key resistance level for SIA. A successful breakout could see it turn into support. Failure to break above this level suggests continued short-term downside.
1. Price & Moving Averages: Current price: Around 0.493 USDT Price is below all EMA lines (20/50/100/200) → still in a long-term downtrend. Ichimoku Cloud: Price is below the Kumo cloud, and both Tenkan & Kijun are flat → indicating no clear bullish confirmation yet, but potential consolidation phase. 2. RSI (Relative Strength Index): RSI = 54.71, slightly above the 50 level → shows early bullish momentum. Not in overbought territory → still room for upward movement. 3. MACD: MACD Line: 0.012, Signal Line: -0.002, Histogram is positive. MACD has crossed above the Signal Line → bullish crossover, a positive sign. The upward slope of MACD suggests momentum is slowly building. 4. WTO (Wave Trend Oscillator): WTO value is around 70, recently crossed above 60 → stronger bullish signal forming. However, it's approaching overbought territory, so it should be watched closely for a possible pullback. 5. Volume: Slight increase in volume recently, showing interest picking up, possibly indicating accumulation before a breakout. 6. Heikin Ashi Candles: Recent candles have small bodies and long upper wicks, suggesting price stabilization and decreasing sell pressure. Conclusion: Short-term bias: mildly bullish. RSI, MACD, and WTO are all turning positive. Medium-term: still bearish until price breaks above the cloud (Ichimoku) and EMA200. A break above the resistance zone around 0.55–0.60 USDT could trigger a stronger bullish trend. Suggested strategy: Consider small entry (scaling in) if bullish momentum continues, and watch for confirmation of breakout from cloud resistance.
? Hey Traders! ZCASH Breakout Alert – 100%+ Move Loading? ?? If you’re pumped for this setup, smash that ? and hit Follow for premium trade ideas that actually deliver! ?? ? ZEC/USDT – Massive Breakout in Play! ? ZEC is breaking out from a symmetrical triangle on the 6H timeframe and has successfully retested it, confirming the breakout. ? With this solid retest, ZEC looks poised for a 100%+ upside move. Long some here with low leverage and add more on dips to ride the wave higher. ? ? Trade Setup: ? Entry: CMP and add more up to $35 ? Targets: $41 / $52 / $63 / $72 ? ? Stop-Loss: $32.80 ⚡ Leverage: Use low lev (Max 5x) ? Strategy: ✅ Enter with low leverage now ✅ Add more on dips and ride the breakout momentum ? ? What’s Your Take? Are you bullish on ZEC’s breakout potential? Share your targets, analysis, and predictions in the comments! Let’s crush it and secure those gains together! ???