Gold is on fire! With rising demand, global uncertainties, and strong investor interest, this precious metal is set to surge. If you're looking for stability and long-term gains, gold remains the ultimate safe-haven asset. The rally is just beginning,don’t miss out! 2940? maybe yes maybe not
today Nas look like it will go down to H1-Low after it clear H1 POI the idea for selling today on NAS100
OANDA:XAUUSD rebounded, driven mainly by safe-haven flows as trade war concerns dampened market risk sentiment and markets focused on US inflation data. TVC:DXY hit a four-month low, making gold more attractive. Meanwhile, the main event of the week is the US CPI report today (March 12), which could cause major market moves. Positive data could lead to a sharp sell-off in gold, while weak data could give the green light for further gains in gold. CPI is expected to have risen 0.3% in February, according to a Reuters poll. The New York Federal Reserve's latest consumer expectations survey forecasts inflation at 3.1% over the next year, up slightly from 3% in January. Markets are now expecting the Federal Reserve to cut interest rates in June. https://www.tradingview.com/chart/XAUUSD/RDK2dd7T-GOLD-recovers-to-trade-around-2-900-still-has-a-lot-of-support/ Technical Outlook Analysis OANDA:XAUUSD On the daily chart, in terms of trend, gold is still in the accumulation phase after recovering from the $2,880 level noted by readers in the previous editions and the break above the $2,900 level provides conditions for further testing of the $2,929 level in the short term. For now, gold is still trading around the EMA21 and is still in a consolidation state, but in terms of technical conditions, it is more likely to increase in price. With the price channel as a short-term trend, and the RSI activity above 50, quite far from the overbought zone, it shows that the bullish momentum is still ahead. However, the technical chart still needs a strong impact to break the current accumulation structure. And during the day, the notable positions will be listed as follows. Support: 2,900 - 2,880 USD Resistance: 2,929 - 2,942 USD SELL XAUUSD PRICE 2961 - 2959⚡️ ↠↠ Stoploss 2965 →Take Profit 1 2953 ↨ →Take Profit 2 2947 BUY XAUUSD PRICE 2899 - 2901⚡️ ↠↠ Stoploss 2895 →Take Profit 1 2907 ↨ →Take Profit 2 2913
Flat opening expected in nifty. After opening if nifty sustain above 22500 level then possible upside rally upto 22750+ level in today's session. Any major downside only expected if nifty not sustain above level and starts trading below 22450. This downside rally can goes upto 22300 level after the breakdown.
CRYPTOCAP:USDT.D CRYPTOCAP:TOTAL NASDAQ:MSTR In a previous post regarding USDT.D my updated 1:0.786 overshoot ratio target was reached. My original TA suggested that the 3 wave correction may be complete when my target was tagged. After further research into MSTR; the structure does not appear to have completed its correctional phase. Being that MSTR is a leading indicator for BTC and TOTAL; this could suggest that USDT.D may continue to head on up, consequently driving many assets to lower local lows and quite a few to all time lows. (Check out my MSTR Publish). For USDT.D; this 3 wave correction may in fact develop into a 1:1 retracement. I would imagine that we could get a wave down from here after hitting the 0.786 overshoot and possibly find support on September 2020 resistance/support structure before making another wave up, but those details can often become a bit fuzzy, so don't take my word for it. In the previous trend up; from March 24' to August 24', there was a fairly clean 5 waves up that provided the clues of the trend, with the 5th wave marking the top. This is not the case for this trend up being that we have a double bottom at the begging of the trend and a messy way on up. I'll be keeping a closer eye on MSTR as this asset is strongly recommended to follow by my charting coach dRends35, and I'm also noticing that it is on other traders radars as well. With this note; Be extra cautious out there traders and good luck! -NOT Financial Advice-
The Total Market Cap of altcoins (excluding top 10) is showing a promising setup at 171.08B. Here’s the breakdown: Price has bounced off a long-term ascending trendline (red) that’s been in play since 2017 – a historically strong support. We’re currently testing a key resistance around 171B (blue line), with a recent volume spike supporting the move. A break above 171B could open the door for a push toward the next major resistance at 217.88B in the coming months. On the downside, if this level rejects, watch for a retest of the trendline around 148B. ? Trading Idea: Look for a weekly close above 171B to confirm bullish momentum. Volume will be key – sustained buying pressure could signal a breakout.
The Crypto Total Market Cap (excluding top 10) dominance is showing interesting action around the key 8.30% level. Historically, this level has acted as strong support/resistance (see 2017, 2020, 2022). After breaking below 8.30% in late 2023, we’re now seeing a retest from the downside. The price has bounced off this level with a decent volume spike, suggesting potential for an upward move. If this support holds, we could see a push toward the next resistance around 11%-12% in the coming months. Keep an eye on volume – sustained buying pressure will confirm the breakout. ? Trading Idea: Watch for a weekly close above 8.30% for confirmation of bullish momentum. On the flip side, a rejection here could lead to a retest of lower supports around 7%. What do you think?
Hello crypto community! In this analysis, I’ve examined the Ethereum (ETH/USDT) 15M chart by inverting it. It’s 12 March 2025, exactly 5 years since 12 March 2020, when Bitcoin crashed 55% in a single day, marking the “Black Thursday” that shook the market. Now, the ETH chart shows the purple trendline as resistance (inverted to 1,684 USD) and green zones as support (inverted to 1,500-1,600 USD). The pattern suggests a potential downturn; a break below the blue line could trigger a sharp pullback. Volume has risen by ~20% in the last hour, supporting this move. Potential Scenario: If resistance at 1,684 holds, the price may test support at 1,500-1,600, with a possible drop to 1,400. While not as severe as the 12 March 2020 crash, this week calls for caution. As a spot trader, I’m planning positions around the 1,600-1,500 range. What do you think? Will ETH drop, or will the bull run continue? Share your thoughts below! ??
Gold closed with a medium-sized positive line overnight, engulfing the previous day's decline. It further rose after stabilizing at 2906 for the second time, indicating a return to the high consolidation range. The weak downward trend of the US dollar also limits the short-term adjustment space of gold. The overall trend is an open trumpet shape, and it fluctuates widely between 2890 and 2930. In the 4H cycle, after touching the lower track, it rebounded to the upper track with consecutive positive lines. The short-term strength is obvious, but the Bollinger Bands are still closing in parallel. Therefore, don't chase the rise even if you are bullish in the short term today. Keep the main idea of oscillation unchanged. Yesterday's low point was 2906. In terms of operation, it relies on support to fall back and take more. The upper pressure is around 2921. If it breaks above, look at the previous high of 2930. Operation suggestion: Buy gold near 2906, stop loss at 2898, look at 2920, 2930!
I just now opened a short position on cardano. I anticipate that the market will start to break back down reversing the entire bounce of yesterdays move to make a lower low below $0.63. I plan to scale out 75% of position round $0.63 area...maybe along the way I scale in a bit into the position and tighten my stop