ETHUSDT long opened — Margin: $835 | Leverage: 55x. Targeting breakout continuation above key resistance zone
Gold clearly treated the wide range of fluctuations, and the strategy was basically realized! In the real market, I also arranged short orders at 3345 and 35, and took profit at 3313-14! I continued to arrange long orders at 3302, and finally successfully reached the profit target of 3315! The overall harvest was good. Analysis of gold trend: On Tuesday (April 29) in the Asian market, spot gold fluctuated in a narrow range and is currently trading at $3337.58/ounce. Gold prices reversed their decline on Monday and rose. Earlier, they fell to around $3268, but then there was a low-absorption buying, and gold prices closed at $3343.91/ounce; the dollar fell across the board on Monday, which also provided support for gold prices. Investors cautiously waited for further news on US trade policies and prepared for a week of intensive economic data, which may initially indicate whether US President Trump's trade war is having an impact. From a technical perspective, gold prices reversed their decline on Monday and rose. Gold repeatedly tested the 3260-3270 area for support. Gold has formed a multiple bottom structure in the short term, so gold may end its short-term adjustment. This time, gold has already adjusted, and it is unlikely to adjust again. Therefore, as long as it does not break the 3260 low in the near future, gold will rise and there will be room for growth. As for the high point, there are two dividing points, one is the 3337 high point, breaking 3337 is a strong shock, and the other is the 3370 high point, breaking 3370 is absolutely strong, then, the upper space is opened, and then look at 3420-3500. From the daily chart, the daily line forms three bottoms at 3260, and the daily line closes positively, and the bullish trend is obvious. As long as the daily line is positive, it will not be able to go to the upper track or the previous high is just around the corner. The 4-hour cycle is also absolutely strong after Monday's rise, but now the unilateral rising mode of the Bollinger opening has not yet formed, and the gains and losses of 3370 will be tested here. Therefore, if the bullish long position continues on Tuesday, it must pay attention to whether 3370 breaks. If 3370 breaks, there will be a strong unilateral rising space. If 3370 does not break, it will still be a large range of fluctuations. Then, the only thing to consider during the day is to adjust the long position. Today, the lower support is around 3300-3310, and the upper pressure is around 3350-3360.
Currently we are having some sign of bullish revival on PEPPERSTONE:XAUUSD , the truth is this, im not falling for these bullish moves, im expecting that GOLD sweep those lows that i indicate on these post. https://www.tradingview.com/x/LcbBZVrJ/
my downtrend trendline is broken, and I can see a clear reversal pattern and uptrend formation. Better explanation in the video.
MNQ1!/NQ1! Day Trade Plan for 04/29/2025 ? 19560 19685 ? 19185 19060 Thanks to all my followers! Truly appreciate the support! Please like and share for more ES/NQ levels Tues & Thurs ????? *These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
From a technical perspective, gold prices found solid support in the 3260-3270 range on many occasions during Monday's reversal and rise. Multiple bottom structures have been built in the short term, suggesting that gold's short-term adjustment may be nearing its end. Given that gold prices have already experienced a round of adjustments, the possibility of falling into adjustment again is relatively small. Therefore, as long as gold prices do not fall below the key support level of 3260 in the near future, its upward trend is expected to continue and open up further upside space. As far as the upper target level is concerned, 3337 and 3370 constitute two key dividing lines. If the gold price successfully breaks through 3337, it indicates that the market is in a volatile and strong pattern; if it further overcomes 3370, it will establish an absolutely strong position, and the upper space will be further expanded by then, and you can focus on the 3420-3500 area in the future. Observing the trend of the daily chart, the gold price formed a triple bottom support near 3260, and the daily line closed with a positive line, indicating a significant bullish trend. As long as the subsequent daily line can continue to close positive, the price of gold will challenge the upper track or previous highs just around the corner. The 4-hour cycle chart shows that after Monday's rise, gold prices have shown a strong trend, but have not yet formed a unilateral rise pattern with the opening of the Bollinger Bands. The current market focus is on the gains and losses of the key point of 3370. If the gold price can successfully break through 3370 on Tuesday, it is expected to usher in an extremely strong unilateral upward trend; on the contrary, if it fails to effectively break through, the market may remain in a wide-range range-bound pattern. Based on the above analysis, intraday trading strategies should focus on callback long opportunities. The lower support level can be focused on the 3300-3310 area, and the upper pressure level should be focused on the 3350-3360 area. Operation suggestions for golden days Go long after stepping back on 3300-3310, TP3315-3320, hold if the position is broken Go short when the top touches 3345-3340, stop loss at 3350, TP 3330-3320 If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices. FX:XAUUSD FOREXCOM:XAUUSD CAPITALCOM:GOLD OANDA:XAUUSD
Gold Primary Trend: The market is currently in a short-term bearish phase following a recent Change of Character (CHoCH) and a Break of Structure (BOS) to the downside.
These are Support and Resistance lines for today, April 29, 2025, and will not be valid for the next day. Mark these in your chart by clicking grab this below. Yellow Lines: Heavily S/R areas, price action will start when closing in on these. White Lines: Are SL, TP or Mid Level Support and Resistance Areas, these are traded if consolidation take place on them. Sub R/S: An Area where price action could happen.
Harmony Gold has been rallying this year along with precious metals, and now some traders may see an opportunity in its latest pullback. The first pattern on today’s chart is the price area around $15.50. It’s near the April 2 high and a 50 percent retracement of the rally following the March breakout. HMY probed that zone yesterday and held it. Is new support established above old highs? Second, HMY made a lower low and higher high. That kind of positive outside candle is a potentially bullish continuation pattern. Third, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA in February and has stayed there since. Such a configuration may suggest its long-term trend is now pointing higher. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com/DisclosureOptions . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com/Important-Information/ . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com/DisclosureTSCompanies for further important information explaining what this means.
MES!/ES1! Day Trade Plan for 04/29/2025 ? 5555 5580 ? 5500 5475 Thanks to all my followers! Truly appreciate the support! Please like and share for more ES/NQ levels Tues & Thurs ????? *These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*