It opened at 2892, then tested upward, reaching a high of 2895, but then pulled back to 2978. During the European session, gold showed strong momentum and climbed all the way to a high of 2921. The current market faces a key resistance range of 2927-2931, and there is a solid support band of 2905-2897 below. From a technical perspective, gold prices have performed well in the European session after experiencing range fluctuations in the early trading session, but the upper resistance cannot be ignored. When operating at night, we should focus on the reaction of gold prices to these key points. In view of the current market situation, it is recommended to adopt a rebound-based short-selling strategy and take advantage of the callback opportunity when the gold price hits the upper resistance. At the same time, we need to remain vigilant so as to flexibly adjust the trading strategy. Es wird empfohlen, beim Rebound von 2920-2925 zu shorten, mit einem Stop-Loss bei 2932. Das Ziel liegt bei 2907-2900, der Durchbruch bei 2890.
The Australian dollar has edged higher on Tuesday. AUD/USD is trading at 0.6243 in the European session, up 0.28% on the day. The Reserve Bank of Australia's minutes from the February meeting reiterated the central bank's cautious stance. The meeting marked a milestone as the RBA pressed the rate-cut trigger for the first time in four years, after maintaining the cash rate at 4.35% for over a year. The decision was a "hawkish cut" with a message for the markets not to expect a series of rate cuts. In the minutes, members said the rate cut did not "commit them to further rate cuts", a warning that the easing cycle could be short. The RBA remains concerned about inflation even though it has dropped to 2.4%, in the mid-range of the RBA's target band of 2%-3%. Governor Bullock has said that the RBA is keeping a close eye on the labor market, which has been resilient and not supportive of further rate cuts. Another headache for the RBA is the threat of US tariffs, in particular the specter of another US-China trade war. Both countries have imposed new tariffs on the other, and a damaging trade war would hurt Australia's export industry, as China is Australia's largest trading partner. Australia's retail sales posted a turnaround in January, with a gain of 0.3% m/m. This matched the market estimate and followed the 0.1% decline in December. The driver of the gain was food-related spending and most sub-categories showed an increase in spending. The outlook for consumer spending has improved, with the RBA rate cut, the drop in inflation and cuts to income tax. AUD/USD is testing resistance at 0.6228. Above, there is resistance at 0.6251 0.6200 and 0.6177 are providing support
? CURRENT MARKET SNAPSHOT ? ? ? Current Price: $2,923.87 ? ? High of the Day: $2,924.44 ? ? Major Resistance (R3): $2,925.10 ? ? Pivot Point: $2,916.50 ? ? Key Dynamic Support (50 EMA): $2,914.00 ? ? Psychological Support (S1): $2,900.05 ? Gold is trading near a major resistance zone at $2,925, showing signs of exhaustion. ? ? LAST 5 CANDLES ANALYSIS – SMART MONEY READ ? 1️⃣ Candle 1 (5 candles ago) Bullish Candle ? Strong Momentum Push Up → Market was gaining bullish strength. Volume Increasing → Buying pressure still high. 2️⃣ Candle 2 (4 candles ago) Bullish Candle ? Higher Highs Forming → Continuation of bullish trend. Still No Rejection Wicks → Bulls in full control. 3️⃣ Candle 3 (3 candles ago) Bullish Candle ? First Sign of Weakness → Small rejection wick at the top. RSI starts pushing above 80 (Overbought Zone) ? Early sign of exhaustion, but bulls still strong. 4️⃣ Candle 4 (2 candles ago) Bullish Candle ? (BUT WEAK!) Long Upper Wick Forms (First Sign of Seller Pressure!) Buyers tried to break resistance, but sellers pushed price back down. This is a warning sign that momentum may be slowing! 5️⃣ Candle 5 (Current Candle) Indecision Candle / Doji forming ? Longer Upper Wick & Small Body → Seller Absorption! ? Bearish Divergence on RSI (85.47) → Overbought! MACD momentum slowing down → First signs of reversal! ? CONFIRMATIONS TO SELL NOW? ?? ✅ Overbought RSI (85.47) → Exhaustion Confirmed! ? ✅ Long Upper Wicks → Smart Money Selling Into Resistance! ✅ Price at Major Resistance ($2,925) → Liquidity Trap! ✅ VWAP at $2,914 → Price is Overextended, Mean Reversion Likely! ✅ MACD Slowing Down → Bullish Momentum Fading! ✅ DXY Bouncing Off Key Support → If USD Strengthens, Gold Drops! ? SMART MONEY PLAYBOOK: Market Makers engineered a liquidity sweep above $2,920 to trap longs. If this current candle closes with a rejection wick → SELL SIGNAL CONFIRMED! ? TRADE EXECUTION – HIGH CONFIDENCE SELL! ? SELL XAU/USD NOW at $2,923.87 - $2,925.10 ? STOP-LOSS (SL): $2,928.50 (Above Stop-Hunt Zone) ? TAKE-PROFIT (TP): $2,900.00 (Institutional Demand Zone!) ? Risk-Reward Ratio: 4:1 (MAX PROFIT, MINIMUM RISK!) ? FINAL DECISION: SELL GOLD NOW! ??? ? Smart Money is Distributing! Retail is Buying at Highs → Perfect Short Setup! ? DXY is holding key support – if it bounces, gold will fall FAST! ? Liquidity Trap above $2,920 → Market Makers will SLAM price lower! ? WE TRADE TO MILK THE MARKET EVERYDAY! LET’S EXECUTE THIS SHORT WITH MAXIMUM PRECISION! ???
Bitcoin's recent decline has formed a funnel. A new round of decline has occurred today. The bulls will attack later and the market will turn upward! It is a good opportunity to buy long at around 83K, with the target of 85K-87K. Continue to hold if it breaks through!
https://www.tradingview.com/x/AHBTBsPW/ HI,Traders ! EURUSD broke the key Horizontal level of 1.05153 While trading in an uptrend And the breakout is confirmed So we are bullish biased and After a potential correction And a retest of the new support We will be expecting a Further bullish move up ! Comment and subscribe to help us grow !
Hovering around low .20 is showing signs of good support. Anything around the all time lows is a bargain. A quick bit of volume will ignite the rocket ? DCA into longs. NFA.
ICICI Pru Life has dropped over 30% from its recent high of 796 and is now trading near a strong support level. It’s moving within a parallel channel that has been in play since 2019. This channel can help identify potential mid-term and long-term targets for the stock.
https://www.tradingview.com/x/uaWpJftb/ My dear friends, Please, find my technical outlook for NZDJPY below: The instrument tests an important psychological level 83.544 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 84.727 Recommended Stop Loss - 82.926 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
EURGBP Buying SETUP Based on Breakout of ranging zone which is sign of Strong buyers over Sellers. If SL is choosen carefully with proper risk management then its expected that It will pump as per expectations. what are your thoughts?
https://www.tradingview.com/x/q0lU0FWT/ NZDUSD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long NZDUSD Entry Point - 0.5639 Stop Loss - 0.5608 Take Profit - 0.5693 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️