Gold looks to poised for more gains, might run into some resistance around $2784-$2790 but overall since bullish trend line support seems to be intact for now. We will look for a breakout and targets around $2812 & $2868. Risk to reward on this is 1:2. Entry: $2756.00 Stops: $2700.00 Targets: $2812 & $2868 Follow me for more trading setups & opportunities. Note: Financial Markets carry a great risk. Manage your positions wisely. This isn't trading advice. The setups I post are my own perspectives and how I view the markets after personal analysis of market structures and price action.
FX:XAUUSD is taking advantage of the dollar correction and almost reaches ATH 2790. The chance of updating the maximum is quite high, but there are a few “BUTs”. Let's talk about the medium term and possible targets https://www.tradingview.com/x/ZKXpbRT1/ Economically, the coming week will be quite important, there will be decisions on the Fed Funds rate , US GDP and PCE . If the rate remains unchanged and the Fed's rhetoric is tough, this could put pressure on gold, a softer policy would support the metal, as would a slowdown in GDP growth if supported by actual data. PCE data may indicate that inflationary pressures remain. If the data is better than expected, it will strengthen the chances of further Fed rate hikes, which in turn will support the dollar and reduce demand for gold. Technically, the price is heading towards 2790 and the chance of reaching this target is quite high, but the potential for further upside after breaking the resistance is not there yet as there is no energy to do so. A strong move of 8% (since December 18) could easily be stopped by the resistance level ahead and gold could go into correction or consolidation Resistance levels: 2790 Support levels: 2762, 2750, 2735 Overall, expected economic data points to support for the Dollar, which could put pressure on gold. Highlights for Gold are FOMC results and GDP data, as well as unexpected deviations from the forecast in economic data, which could change the current dynamics. What to expect from the price? Most likely, after a correction to 2762 (liquidity zone), growth will resume and the price will head towards the most important target at the moment - 2790. The one and a half month rally may end with a false breakout of 2790 and the beginning of correction. I am not talking about the trend reversal yet, as we should follow the market reaction to the general situation. Zones of interest within the correction may be several local and several global zones: Local targets (if bullish): 2762, 2735 Medium-term targets (if trend change is confirmed): 2714, 2689, 2643 Regards R. Linda!
BTC on holiday shows strength in new wave to 1.618 in uptrend
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view the price will fall to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment! Let’s master the market together. Please share your thoughts and encourage us to do more by liking this idea.
Yello, Paradisers! Is #APT setting up for a breakout that could catch sellers completely off guard? Let’s dive in because this move could shape the next big opportunity. ?#APTUSDT is currently trading inside a bullish falling wedge pattern—a technical setup that often signals a reversal to the upside. This pattern indicates that a potential bullish move could be in the making as the price narrows closer to a breakout point. ?Right now, the price is approaching a critical support zone between $7.80 and $7.40, a level that has consistently acted as strong support since October 2024. History tells us this region is a key battleground for buyers and sellers, and once again, the bulls have an opportunity to step in and defend it. If they do, a reversal from this zone could catch many sellers by surprise. ?The breakout level to watch is $8.80, and once the price clears this threshold, momentum could accelerate. The first resistance comes in at $9.30, a moderate barrier that may slow things down briefly. However, if APT powers through this level, the next major target lies at the $10.80 to $11.40 zone, which includes a Fibonacci midpoint resistance and aligns with the pattern’s projected target. Patience and discipline are key here, Paradisers. The market often tests both bulls and bears before making decisive moves, so stay vigilant. MyCryptoParadise iFeel the success?
Falling Wedges pattern. Just look the chart, its amazing Probably gonna hit $340 soon!
Chart Anylisis Day time frame 2789 Resistance Area This is not financial advice trade and manage your own risk
//@version=6 indicator("RSI with 15 EMA and 9 EMA", overlay=true) // Input settings for RSI rsiLength = input.int(14, title="RSI Length") rsiSource = input.source(close, title="RSI Source") rsiOverbought = input.int(70, title="RSI Overbought") rsiOversold = input.int(30, title="RSI Oversold") // Calculate RSI rsiValue = ta.rsi(rsiSource, rsiLength) // Plot RSI in a separate pane rsiPlot = plot(rsiValue, title="RSI", color=color.blue, linewidth=2) hline(rsiOverbought, "Overbought", color=color.red, linestyle=hline.style_dotted) hline(rsiOversold, "Oversold", color=color.green, linestyle=hline.style_dotted) // Input settings for EMAs ema15Length = input.int(15, title="15 EMA Length") ema9Length = input.int(9, title="9 EMA Length") // Calculate EMAs ema15 = ta.ema(close, ema15Length) ema9 = ta.ema(close, ema9Length) // Plot EMAs on the price chart plot(ema15, title="15 EMA", color=color.orange, linewidth=2) plot(ema9, title="9 EMA", color=color.purple, linewidth=2) // Add background color based on RSI levels bgcolor(rsiValue > rsiOverbought ? color.new(color.red, 90) : rsiValue < rsiOversold ? color.new(color.green, 90) : na)
Save Up to 40% on Fast and Convenient Charging Solutions
Der Horrorfilm The Wailing läuft auf den White Nights des Fantasy Filmfest im Kino und wird euren Verfolgungswahn mit einer Netflix-Schauspielerin gehörig ankurbeln.