On the 4-hour chart, gold has a minor support level near $3,022, which is also the neckline of the head and shoulders top pattern. Buyers are expected to intervene here and use the neckline as a risk control point, with the goal of pushing gold prices to new highs. On the contrary, sellers will focus on gold prices falling below this support to increase confidence and increase short selling, with the target of $3,006.The gold 1-hour moving average begins to flatten. If the gold 1-hour moving average turns downward, the strength of gold bulls will weaken. Now the gold 1-hour moving average has formed a head and shoulders top pattern. Gold is under pressure at the 3057 high point and continues to go short. At present, the support of the moving average needs to focus on the MA20 line, and the death cross signal of the MACD indicator should also be guarded against. The possibility of profit correction at the end of the weekly line cannot be ruled out. Therefore, it is recommended to rebound high and go short.
BTC has been floating at 84000 today, yesterday it touched resistance at 87000, today's resistance is still valid, with the Fed's information, gold's rally has been full down, and more people will pay attention to BTC next ??? BTC ??? ? Buy@83500 - 84000 ? TP 86000 - 87000 The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
Right now, XAUUSD has reached the 3014 level. The second support level at 3000 is still holding firm. This climb to 3014 might be spurred by several factors. Geopolitical tensions could be driving investors towards the safety of gold, which XAUUSD represents. Additionally, dovish central bank policies, like potential interest rate cuts signaled by major banks, often make non - interest - bearing assets like gold more appealing. If the price falls below 3000 and stays there, we might expect a downward move towards the next support level. However, if it holds above 3000, an upward trend could resume. Keep an eye on economic data, such as upcoming inflation reports and employment figures. Market sentiment, especially how traders react to central bank announcements, will also be key in determining XAUUSD next move. The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
*99% in my mind which can mean 1% in someone else's. That being said, I invite you to watch this video and then tell me where I'm mistaken... Hope to see you there soon!!! Happy trading all :)
I will explain it all to you later. Has to do with the 2 hour candle at 12pm ET today and 3D candle as of today. Love you all.
From the 4-hour analysis, the bottom will focus on the 3020-3025 first-line short-term support, focusing on the 3000-05 first-line important support. If the resistance is not broken, the bullish trend will remain unchanged. The upper target level will focus on the upper pressure. The daily level will not fall below the lower support until the main multiple rhythm remains unchanged. Gold operation strategy: Gold has stepped back to the 3020-3025 line for more, and has stepped back to the 3005-10 line to cover more positions. The stop loss is 2997, and the target is the 3035-3040 line. If the position is broken, continue to hold;
Hello Traders ? In this idea, I want to talk about XRP, because in my opinion, the price is currently sitting at a critical decision-making area—and any moment could lead to a major move. So let’s take a look at the possible scenarios: ?? ? Bullish vs. Bearish – What’s Next? First of all, we’re still in an uptrend, and as the saying goes: "The trend is your friend until the end." ? However, the current pattern forming on the chart—if it plays out—could mark the end of this uptrend, at least in the short term. ? On the flip side, there’s also a bullish scenario at play: a potential bull flag pattern. I’ve drawn it on the chart using the orange resistance line. If the price can break above this resistance, we could expect much higher targets—and I’ll definitely update you on those in my next posts. So make sure to follow me and don’t miss the train! ?? and also remember : ? Discipline is rarely enjoyable, but almost always profitable. ?
?#BTC reaches the second support, beware of rebound⚠️ ?From a structural point of view, we have built a short structure within the 1h level, so a pullback is reasonable. However, there is a long structure at the 4h level, so it is difficult for the structure within the small level to reverse the upward trend of the large level. And we have reached the second support level near 83545, so we need to be wary of the rebound. ➡️If the support here continues to be broken, then the next support area worth our attention is 80000-82000. ➡️If the rebound occurs, then the resistance area worth our attention is 85400-86000, and the extreme pressure is near 90000. Let's see? ?If you like my analysis, please like? and share? BITGET:BTCUSDT.P
Long term up trend is turning into an inverted cup and handle. Hopefully it breaks out cause I’m long in this sector. But all other quantum stocks are showing downward trend even post quantum stocks. And current market trends are not helping.?
It appears that the 1-5 impulse wave is reaching its final stages. However, in corrective structures, it's common to see waves like W-Y, W-Z, or extended patterns that mimic impulse waves. For that reason, it's crucial to wait for a confirmed break of the descending trendline before considering a reversal or entry. Patience and confirmation are key. ??