EURUSD/USD is on Bullish, This is not trading advice
The chart you provided is an H4 (4-hour) analysis of XAU/USD (Gold vs. USD). Here are the key takeaways: Chart Observations: 1. Sell Zone @ 2897: The price recently tested the $2897 resistance level and formed a double-top pattern ("TOP 1" and "TOP 2"), indicating potential reversal. Sellers appear to be defending this level, leading to a decline. 2. Trend Breakdown: The chart initially shows bullish momentum leading up to higher highs. However, an upward trendline has now been broken, confirming bearish pressure. 3. Expected Price Movement: After breaking below support, the price is consolidating and may retest the previous support-turned-resistance. A continuation of the downward movement is expected, potentially targeting $2,880 - $2,865 levels. 4. Bearish Confirmation: Volume analysis shows increased selling pressure after the rejection from the resistance zone. If price fails to break back above $2897, more downside is expected. Trading Strategy: Sell Entry: Near $2897 - $2900 resistance. Take Profit (TP) Levels: TP1: $2880 TP2: $2865 TP3: $2845 (longer-term target) Stop Loss (SL): Above $2905 to minimize risk. Alternative Buy Setup: If price breaks above $2905 and sustains, reconsider bearish bias. Conclusion: Bearish bias is valid as long as price remains below $2897. Watch for confirmation on lower timeframes before entering a sell trade. Fundamental Factors: Keep an eye on U.S. economic data (PCE inflation, Fed speeches), which may impact gold prices. Would you like me to refine the strategy further or check additional indicators?
Gold continues to decline for the second day, trading around $2,913 per ounce, as the market pauses ahead of key inflation data and uncertainty surrounding Trump’s tariff policies. Despite the drop, strong buyer interest at lower levels signals stability, while expectations of further Federal Reserve rate cuts continue to support the metal.If buyers defend key levels, a short-term rebound may occur.
Yesterday, EURUSD tested the previous high again but failed to break through. Watch for a rejection and a potential new bullish move. If a breakout occurs, the next resistance levels are 1,0554 and 1,0568. At the current levels, there is no valid entry signal!
Gold bottomed out and rebounded in the late trading, and the long and short cycles repeated. From the daily level, the technical indicators of the gold market showed a clear divergence and were in a serious overbought range. According to the principles of technical analysis, there is a strong demand for adjustment in the market. Against this background, the price of gold fell sharply on Tuesday and Wednesday. At present, the price of gold has effectively fallen below the support of the short-term moving averages MA5 and MA10, and today's opening price is below these two moving averages. And it has turned into strong resistance, thus pushing the price of gold to continue its downward trend. Technically, it is also necessary to judge by the combination of closing lines at the weekly and monthly levels, so it is temporarily regarded as a normal correction cycle. This correction cycle is triggered by the current small double top. After the top structure of the gold 1-hour high, the decline broke through. We insist on being bearish on gold in the past two days. The rebound is an opportunity for shorts. Gold has now begun to form counter-pressure at 2920. Gold rebounds below 2920 and continues to be short at highs. The current short-term moving averages MA5 and MA10 have two pressure levels of 2928 and 2935! If the gold price can rise strongly and break through the above resistance area, then today's adjustment will only be short-lived, and gold will continue to rise. If there is no breakthrough, then gold will most likely continue to fall. Focus on the support strength near the low point of 2888. Once this point is lost, it may trigger a further decline in the gold price. After a night of rebound correction, gold touched the 2920 line and began to fall again. The current market direction has not changed, and it is still short. When the market rebounds to the top, we should go short without hesitation! Go short directly below 2928 in the Asian session! After the previous two rounds of repeated bottoming out and rebounding, it is actually a market wash. Even with the current two rounds of rebound, the high point has not been able to break through the high point of the previous wave, which means that the shorts are in an advantageous stage, and the market is easy to fall and difficult to rise, and a new low after the intraday adjustment is just around the corner! So the intraday operation idea is to go short on the rebound! Key points: First support: 2902, second support: 2890, third support: 2880 First resistance: 2920, second resistance: 2928, third resistance: 2935 Operation ideas: BUY:2887-2890, SL:2889, TP:2910-2920; SELL:2925-2928, SL:2937, TP:2900-2890;
looking for next buy wave to take price to 13.4-13.6 levels. strong buy rates, increasing buying pressure among tech stocks & indices amidst volatility. buyers returning & ready to take us higher once more. holding long equity & call option positions.
Breakout is sign for New Direction on EUR/USD, This is not trading advice.
NSE:ADANIENT ....Bearish view Current price structure doesn't look good. Should be possible 1750 or more lower target in upcoming days.
Nvidia earnings waren gut gestern. Sonst wären wir bei BTC schon längst eine Etage tiefer. Spannend wird ob wir uns die Liquidität bis 75K noch greifen. Aktuell sieht es so aus als könnten wir uns an der 200er EMA wieder nach oben ziehen. Es bleibt spannend, heute um 15.30 Uhr wenn die New York Session beginnt wird es sich entscheiden. Bleibt abzuwarten wie die US auf die Zölle gegen die EU reagieren. Entweder wir kommen schnell wieder über die 90K oder es geht nochmal tiefer. Jetzt ist die perfekte Zeit um sein HODL Portfolio mit kleinen Tranchen aufzustocken.
Matic sollte seine übergeordnete 2 abgeschlossen haben und startet in die übergeordnete 3. Die Mindestkursziele der 3 liegen bei 4,82$.