IMX ~ 6D Analysis #IMX Buy gradually from here if you still have a Conviction on this coin with a short -term target of at least 20%+. This is the lowest support block for now.
Flat opening expected in nifty near 22550 level. Any bullish side rally only expected if nifty sustain above 22500 level. If nifty gives upside movement then there will be nearest resistance at 22750 and expected reversal from this level. Strong downside expected if nifty starts trading below 22450 level.
Market news: Spot gold fluctuated in a narrow range in early Asian trading on Monday (March 10), and is currently trading around $2,913/ounce. London gold prices have fluctuated at high levels for three consecutive trading days, but they still rose 1.85% on a weekly basis, helped by safe-haven inflows and the U.S. employment report showing lower-than-expected job growth in February, suggesting that the Federal Reserve is expected to cut interest rates this year. In addition, the volatile tariff policy of U.S. President Trump has also increased uncertainty.Federal Reserve Chairman Powell said earlier on Friday that the Fed will be cautious about easing monetary policy, adding that the economy is "still in good shape." U.S. real yields, which are negatively correlated with international gold prices, rose 3.5 basis points to 1.981%, which is a negative factor for international gold.The easing of geopolitical tensions also limited the rise in gold prices, and some progress has been made in a possible ceasefire agreement between Ukraine and Russia. In the Middle East, U.S. President Trump continues to pressure Hamas to release hostages. Meanwhile, according to data from the World Gold Council, the People's Bank of China continues to buy gold. The People's Bank of China increased its gold holdings by 10 tons in the first two months of 2025. However, the largest buyer was the Polish central bank, which added 29 tons of gold reserves, the largest purchase since it bought 95 tons of gold in June 2019. Overall, the rise in gold prices last week once again highlighted its importance as a safe-haven asset. Although the market may face consolidation in the short term, geopolitical risks, inflation concerns and uncertainty about the Federal Reserve's policies will continue to support gold demand. The market's focus is on the upcoming Federal Reserve meeting. In addition, inflation reports and retail sales data will also provide more clues to the market. Technical Review: Gold maintains a long-short cycle and operates in a wide range of oscillations. The weekly chart continues to operate in an upward trend structure, and the price retreats above the MA7-day moving average to close with a small positive. The daily chart continues to close with a negative cross line. Gold rose sharply above the 2930 mark in the late trading and then formed a high-rise decline, continuing to maintain a high-level wide-range oscillation and a non-continuation of the market consolidation stage. At present, the MA10/7-day moving average of the daily chart is at the 2902 line for adhesion adjustment, and the Bollinger Bands are gradually shrinking, with the upper track at 2956 and the lower track at 2867. In the early trading, the gold price is at the Bollinger Band middle track price at 2912. The short-term four-hour chart also has a continuous closing of the upper track at 2927 and the lower track at 2900. The RSI indicator is in the middle axis 50 value consolidation, and the K-line pattern is alternating between long and short cycles. The trading at the beginning of the week maintains a wide range of oscillations. There are opportunities for short-term participation in the layout of high-altitude and low-long. Pay attention to the 2890/2930 range oscillation during the day. Today's analysis: The gold market remains volatile, and there is still no tendency to break through the high and low points. Even when the non-agricultural data and unemployment rate were both bullish last Friday, gold only rebounded by more than ten US dollars, and then quickly fell to the bottom support line near 2895! The performance of the data market in recent months is basically the same, which also shows that the current gold market is seriously decoupled from the data. Only the interest rate decision can slightly change the direction of the market! Faced with the current trend of gold, we can only continue to see volatility!In the morning, the gold price continued the rebound trend of the non-agricultural market. There are only two operating points in the morning. One is to wait for the gold price to continue to attack and reach the pressure near the 2930 range to short, and the other is to wait for the gold price to adjust in the morning and reach the 2900 range to go long. However, the rebound is expected to reach the upper 2930 pressure first, which can give us more opportunities to go short than to go long. At present, the gold price is at the middle level of the range, so we should wait and see! Operation ideas: Short-term gold 2903-2905 buy, stop loss 2894, target 2920-2930; Short-term gold 2929-2931 sell, stop loss 2940, target 2900-2890; Key points: First support level: 2903, second support level: 2892, third support level: 2882 First resistance level: 2920, second resistance level: 2928, third resistance level: 2940
Gold trend analysis: Spot gold fluctuated at a high level with a small positive line last week, and the daily chart has three consecutive star K-lines in horizontal order. The current weak downward trend of the US dollar has limited the adjustment space of gold, but it is still unable to break through the high and continue. Last week, the overall price remained between 2930-2890, shrinking and fluctuating, with space convergence and range back and forth. The daily K-line is waiting for the real K-line to break the current deadlock. From a structural point of view. In the short term, it is unable to break through further, and the need for adjustment will be more obvious. The US dollar is weak and gold fluctuates. Once the US dollar rebounds a little, the gold price may move out of the adjustment space. Although gold opened higher this week, the continuation was insufficient, and it only fell after being blocked near 2918. Although there has been a forecast, it is expected to fluctuate in the range this week. However, under this trend in the early trading, it is likely to test the support. After all, the strong pressure of 2930 above has not been broken under the assistance of various data from the non-agricultural week, so the main bearish trend is expected to be downward. From the hourly level, the opening high of 2918 can be used as a reference for protection. We will look at the support of 2900 and last week's low of 2891 before analyzing the market outlook. Specific operation suggestions: 1. If the gold price rebounds near 2914, short it and look for a retracement. Protect 2919, and the target is around 2900. If it breaks, it can continue to look at 2891, the low point of last week; 2. If it retreats below 2888, go long and look for a bullish trend. Protect 2883 and the target is around 2908.
WE can see a clean bearish intent on DXY right now so we may be able to get a good long going against the DXY rn ? If we stick to our closes being our guiding light, we will await the close to get our entry after if this bulls take a fib correction into buyside ? Share with a friend ??
ACA ~ 5D Analysis #ACA Re -visiting this lowest support. Buy gradually from here if you still have a Conviction on this coin with a short -term target of at least 20%+.
NBP Analysis Bearish Divergence formed in Daily/weekly time frame must need to break last high 87 for further up targets
Natural Gas Key Points in this Chart : Bearish Channel Break of Structure Elliot Waves Fibonacci Level - 161.8% / 200.0% Support Level
As mention in X post on Feb25, BTC chart turn into bearish and same price reflection we saw in chart. 〽️Bearish MACD cross over happen 4 weeks ago damage BTC price and we saw fall till $78256. As BTC chart al ready give near 27% correction till last week we can see a slow momentum in chart for next 4-6 weeks. ⚠️Weekly RSI also testing Bull market support 44.50. We can expect a bounce from here but breakdown below this area will send BTC is long term bearish cycle. ⚓️Support: $77,000 , $73,000 and $69,000 ?Resistance: $95,000 and $110,000 ?Bullish Note:??? - Global M2 supply increasing - we are in 2025 - BTC took 30% correction which part of bull market - Gold Price Near ATH and BTC follow it - Bitcoin is now part of US Reserve treasury ?Bearish Note: - BTC weekly chart not give sign of recovery - US Index drop 10% and still not sign of recovery - Trump Tariffs create lot of uncertainty in market - This trade war can be long and hurt global economy and market towards recession ⏰Events: - US CPI : March 12 - FOMC : March 19 ?Conclusion & Possible Scenarios: ?Bullish Case: If BTC holds above $70,000-$75,000, it could consolidate and retest all-time highs near $110,000. ?Bearish Case: A breakdown below $70,000 could push BTC towards $50,000-$55,000, aligning with previous cycle corrections. ?Neutral: Consolidation between $70,000 - $90,000 before another breakout. ?FOLLOW FOR QUALITY CONTENT AND AVOID THE NOISE
Current shorts still rolling through from last week. Failed to get the close below $2907 on Friday. I still believe it will be achieved today and looking for gold to start dipping into it from $2921/23. LFG ??