Dear Traders, The Federal Reserve's anticipated interest rate cuts could be a major catalyst for gold's next rally toward $3,150. Here’s why: 1. Lower Interest Rates Weaken the Dollar When rates drop, the U.S. dollar loses value, making gold more attractive and increasing demand globally. 2. Gold Becomes More Competitive Against Bonds Lower rates reduce yields on bonds and savings accounts, driving investors toward gold as a more stable store of value. 3. Inflation and Economic Uncertainty Drive Demand Even with rate cuts, inflation remains a risk. Gold has historically been a strong hedge against devaluation, making it a preferred asset in uncertain times. 4. Central Banks Are Increasing Gold Reserves Many central banks continue to accumulate gold, signaling long-term confidence and further supporting prices. With these factors in play, gold’s path to $3,150 looks increasingly likely. The question now is whether investors are prepared for the move. Let me know what you think in the comments and leave a like for more. Greetings, Zaid M
HDFC 1706 has hidden divergence. With support 1670 we expect a target of 1745
Here's my SPY breakdown using top-down charting from the 1Hr and 15min timeframes. On the 1Hr TF, there was a lower low (LL) created last Thursday around ($549.62). For the downtrend to continue, price needs to stay below ($564.02) to form a lower high (LH) and possibly go back to test that Thursday low. Now switching to the 15min TF, you can see that the ($562 - $564) level was tested four times, and each time price rejected and pushed lower. But remember what happened Friday around 2 PM — price spiked to ($563.83), then sellers stepped in and brought it right back down. So for Monday, if SPY gaps up over ($564), I’m looking to take calls for a push toward ($570 - $573) (just like the moves we saw on October 31 and November 5). But I would only scalp that move — personally, I wouldn’t be fully bullish unless SPY turns ($568 - $570) into support like it did back in November. If SPY does not gap up ($564), then I expect more downside pressure with a possible re-test of that ($549.62) low. This is just my opinion, make sure to chart it out yourself.
CRYPTOCAP:BTC | 4h The main hurdle is still the monthlyOpen, as the price is rejecting here. However, we are still trading and holding the weeklyPoC Keep an eye on the monthlyOpen. If we get rejected again, expect we rollover to 80k, or possibly down to 78k If we flip the monthlyOpen and break the unresolved bearish imbalance at 86k, expect a move back up, retesting 90k–92k, or if we can tap the quarterlyOpen at 93k
In this post I will try to analyze gold chart and bias for the week. There are two indicators I'm using for this post which are 1.) HTF CANDLE PROJECTIONS by modhelius and for market structure 2. SMART MONEY CONCEPTS SMC by Lux Algo both are free and accessible on trading view. Weekly Chart https://www.tradingview.com/x/pHFSZ3EX/ Bias: Bullish Last week's candle broke the previous candle week high and closed through and reached a new all time high Daily Chart https://www.tradingview.com/x/cgEjFzoQ/ Bias: Bearish Fridays closed below the high of Thursday after it touched a new all time high on Friday indicating some profit taking. Im expecting price to open and move higher and eventually move lower before attempting to test the Friday's high. I will update this thread as the market moves. LET ME KNOW WHAT U THINK.
As we could see price broke out of a strong supply zone, now becoming a demand zone...some call it flip zone. So price takes out liquidity and then hit our orderblock before going long
I think bitcoin will start breaking back down soon. Its bearish on the daily , broke back below support areas on 4hr tf and bearish on 1hr tf. Also bearish on 15-30 mint tf.
Its Playing out Accordingly Spy $544! Do I think it's going exactly to $544 yes, what I'm trying to figure out is if that's the bottom , $530-510 are extreme levels for this to happen in theory it would shock the whole market in Fear causing many People to Release their positions and then Resulting in a drastic fast Blow off Topp All Time Highs , But in the meantime let's see how this plays out!!! We have a Government Shutdown Decision in literally 2hrs this will really rock the markets... We have a really interesting options chain We have way more supply than demand not looking to for Covers when selling pressure accurse this makes me think easy drop to the downside like butter, technicals dont look that great we are under the 200ema now going on 2 weeks!!! THESIS IS BEARISH PREPARE FOR THE DOWNSIDE!!!!! as always Safe Trades Traders
With the economic growth news out of China, I'm expecting a breakout of this pennant to 157.
The gold price has reached a new all-time high, with strong bullish momentum. The optimal strategy is to wait for a pullback to support levels for long entries. For short positions, proceed with caution (only consider shorts near resistance levels). If attempting a short, 3005 can serve as a resistance zone for potential entries. Key Levels to Watch: 3005: ATH resistance 2994: Key resistance 2990: Intraday resistance 2987: Bullish/Bearish pivot line 2981: Support 2977: Key intraday support 2956: Strong key support Short-Term Trading Strategy： For SELL: Consider entering if the price breaks below 2987. Watch 2982 for potential support; if the decline continues, keep an eye on 2977, 2970 For BUY: Consider entering if the price stabilizes above 2991. Watch 2994 for confirmation; if the price continues to rise, monitor 3000, and 3005. Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.