https://www.tradingview.com/x/nGMCx3hn/ Since Wednesday, Gold started to consolidate within a horizontal channel on a 4H. To buy Gold with a confirmation next week, wait for a breakout of the resistance of the channel. It will initiate a movement higher at least to 2975. Alternatively, a bearish breakout of a support of the channel can trigger a local correctional movement at least to 2906. Wait for a breakout, it will provide a reliable confirmation. ❤️Please, support my work with like, thank you!❤️
First of all, this chart is a chart with many questions but no answers. The 4-year support did not work, so is this a turning point; there is no answer. No conclusion can be drawn from the RSI. All resistances are extremely strong above. Therefore, in order to draw a conclusion from this chart, it should be compared and interpreted with other charts such as btc.d, eth.d, eth/sol, others.d. Accordingly, I believe these areas are bottom support, the formations that will occur here are important. I hope it starts trying the upper levels without waiting too long. When 038 is gained and enters the upper region, it will have entered the safe zone, but the most important resistance it still needs to overcome is 070-084. If this level is exceeded, we can talk about 11-20k levels in Ethereum and significant increases can be experienced in altcoins. If this level is not exceeded again, as in the past, the increases in altcoins will not be satisfactory that will not make us happy at all. Not investment advice.
APE ~ 6D Analysis #APE Buy gradually from here if you still have a Conviction on this Coin. Short -term target of at least 20%+.
Hi all, looking at the following chart in the Daily TF from NZD/CAD we can see that price is Bearish long term. Within the Weekly TF you will notice this is the finish pullback within this Bearish leg. Price is currently displaying that both Buy side Liquidity levels have been taking meaning the only way is down. We are currently within a strong 4H Mitigation Block and wicked into our 71% range. We are targeting the Support being a strong PHYC level. Good luck to all the traders that decide to follow Cheers
✍️ NOVA hello everyone, Let's comment on gold price next week from 02/24/2025 - 02/28/2025 ? World situation: Gold price slides late on Friday, poised to end the week positively, accumulating eight straight weeks of gains that pushed the yellow metal to all-time highs of $2,954. At the time of writing, the XAU/USD trades at $2,940, down 0.15%. The financial markets' narrative has not changed as US President Donald Trump continues with rhetoric related to tariffs. In addition to imposing 25% tariffs on cars, pharmaceuticals and chips, Trump broadened duties to lumber and other soft commodities. This fueled the rally in Bullion prices as investors seeking safety drove prices higher amidst uncertainty about US trade policies. Meanwhile, geopolitics took a second stage as there was some progress in the discussion to end the Russia-Ukraine war, which relieved the markets. ? Identify: Accumulated price zone 2918 - 2954, uptrend maintained well above zone 2900 ? Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2954, $2965, $2980 Support : $2918, $2895, $2877 ? NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Gold (XAU/USD) is currently trading inside an ascending channel, showing a bullish trend. However, a key trigger line at $2,936 will determine the next move. ? Bullish Scenario: If price stays above $2,936, we can expect a push toward $3,028 and potentially $3,085. A breakout above $3,085 would confirm strong bullish momentum, targeting new highs. ? Bearish Scenario: A break below $2,936 could signal weakness, leading to a drop to $2,880. If selling pressure continues, the next major support is at $2,803. ? Trading Plan: ? Long Entry: If price holds above $2,936, with a target of $3,028 - $3,085. ? Short Entry: If price breaks below $2,936, targeting $2,880 - $2,803. ? Risk Management: Use stop-losses near key levels to minimize risk. ? Watch Volume & Price Action! A breakout with strong volume confirms the trend direction. Low volume means potential fakeouts—wait for confirmation before entering trades. ? What do you think? Share your views in the comments! ?
Readings between 55 & 80 indicate Bullish condition. Readings between 45 & 55 indicate Neutral condition. Readings between 20 & 45 indicate Bearish condition. Readings below 20 indicate a security is oversold.
Gold is in an important range and according to the Elliott Guard waves, it has taken a downward trend. The main resistance number is $2947 and as long as only this number is maintained as resistance, the trend can move downward towards the $2900 range.
Bitcoin is still fluctuating and has not yet broken out of the consolidation zone. As long as the price does not close above the resistance level, we cannot expect further gains. Here are two possible scenarios: 1. Bullish scenario: If the price successfully breaks out of the resistance level and closes above it, we can expect the uptrend to continue. 2. Corrective scenario: This scenario seems more likely, with the price retracing to the support level and then starting another upward move. A confirmed breakout of the resistance level would signal further growth, but until then, a return to the support level remains the more likely scenario.
If Manappuram Closes Above 230 Level in Monthly Candle, Possible to Touch 380 in Long Term