Hello everyone, i have prepared this setup share your thoughts in comment section. The chart i have prepared represents the price action of XAU/USD on a 2-hour timeframe. It illustrates the following technical and fundamental details 1. Trend Analysis: Gold is trending upwards, as shown by the ascending channel highlighted in blue. Resistance is marked at the upper boundary near $2,772-$2,776. The entry point for a potential buy trade is marked at $2,750, with a target near the all-time high. But you can execute trade from a bit above like $2754-56. 2. Support and Stop-Loss Area: The stop-loss (SL) area is highlighted between $2,730 and $2,727, indicating the price zone where risk management is planned. Strong support zones are marked in yellow and orange, representing potential bounce areas in case of a retracement. 3. Breakout Scenario: If gold breaks above the resistance zone, the white and blue arrows depict potential bullish momentum towards new highs. New high will cross 2800. Geopolitical Context: Gold is a safe-haven asset and is highly influenced by geopolitical tensions, inflation fears, and uncertainty. Recent global events may have driven the price higher: Geopolitical Tensions: Increased conflict or economic instability (e.g., in Eastern Europe or the Middle East) could push investors toward gold as a secure store of value. Inflation Concerns: Rising global inflation due to post-pandemic stimulus measures and supply chain disruptions is another factor supporting gold prices. Central Bank Policies: Major central banks, such as the Federal Reserve, maintaining dovish policies or slowing interest rate hikes could also be bullish for gold. Impact of Trump’s Presidency: Donald Trump's presidency (2017–2021) significantly impacted gold prices due to the following: Trade Wars: Ongoing U.S.-China trade tensions during his term created market volatility, driving investors to gold. Geopolitical Risk: His administration’s foreign policies, such as conflicts with Iran and North Korea, heightened geopolitical risk, boosting gold demand. Economic Policies: Tax cuts and increased fiscal stimulus initially strengthened the U.S. economy and the dollar. However, fears of debt accumulation and inflation later provided support for gold. Pandemic Response: During the COVID-19 crisis in 2020, gold reached record highs ($2,075 per ounce) as Trump's administration rolled out massive stimulus packages, weakening the dollar. This chart reflects the current bullish momentum in gold, potentially influenced by ongoing geopolitical risks, economic factors, and inflationary pressures. Key levels; buy zones 2750-54 and 2748 Target at 2776,2790 2800 SL at 2730 Kindly support me.
As I mentioned in my previous analysis, I am bullish on OANDA:XAGUSD , in addition to Gold. The price has now clearly broken above the falling wedge’s resistance. Since Monday, this breakout has proven to be genuine, with dips being consistently bought by traders. Currently, the price is facing minor resistance just below the 31.00 level. If this resistance is broken, we could see an acceleration toward my target of 32.00. As long as the 30.00 level remains intact, Silver maintains its bullish outlook, and buying dips should remain the preferred strategy.
NASDAQ:SOFI has shown strong quarterly earning's growth, with its latest earnings quarter reporting 30% YoY, improving from losses to profits at an impressive rate Being positioned as a Leader in the FinTech sector and significant institutional adoption, reflecting investor appetite and confidence Aiding with a key Breakout day, I have reasons to believe this security price could increase.
Forex Trade Update: AUD/USD Analysis Pair: AUD/USD Trade Type: Buy Entry Price: 0.62830 ? Stop Loss: Initially set below the entry point and adjusted to the entry level upon hitting the first target. ? Take Profit Levels: Target 1: 0.63250 ? Target 2: 0.63760 ? Target 3: 0.64220 ? Analysis: AUD/USD has broken out of the supply zone on the 1-hour timeframe, indicating a continuation of the uptrend. The EMA50 confirms bullish momentum. Enter long at 0.62830, with multiple target levels for partial profits. Upon hitting 0.63250, adjust the stop loss to the entry level to secure the trade and minimize risk. Risk/Reward Ratio: Favorable ? Keep an eye on price action and EMA50 for further confirmation. Manage your trade carefully and stay disciplined! #Forex #AUDUSD #EMA50 #Breakout #Trading #MarketUpdate
Hi guys , we are looking into today RBOB or Gasoline, the price formulated an amazing up-trend since we last posted about it, so we are looking to re-test the upper levels again. After the price consolidates around the 2.19-2.20 mark we will analyse again and see what would be the next move! Entry: 2.12 Target: 2.15 Target: 2.19 As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
EURUSD has just reached a fresh 2025 high as the Trump administration holds off on implementing tariffs from day one. Instead, they are conducting investigations to determine which countries to target. Mexico and Canada are in the crosshairs, with universal tariffs set to take effect on February 1. The EU is also being scrutinized, and last night Trump said: "The European Union is very, very bad to us," he said, repeating comments made Monday. "So they're going to be in for tariffs. It's the only way ... you're going to get fairness." The short-term trend for EURUSD is considered upward above 1.0316, with the price potentially targeting the December 18 high of 1.0504, followed by the highs from November 18, 19, and 20 at 1.0600. What’s your take on EURUSD? This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Gold buyers defending 2716.87 during newyork session suggests that this level has become a significant support, which could lead to a bounce in price to attempt to break 2747 -2750 SUPPLY ROOF. This defense indicates that buyers are actively supporting the price at this level, preventing it from falling further. I see a swing into 2764-2758 zone if we correct into 2735-2730 for a buy and reject this level. the market is in sell zone ,care should be applied because of institutional rejection to price upswing. Especially at 2764 zone THE demand floor could send price into 2797-2800 whole number on timing, if the analysis break 2764 zone supply roof BREAK ABOVE THIS LEVEL EXPECT A NEW ALTH GOODLUCK
$PNUT Coin Updates!! • In $PNUT Coin Near Me Potential Bounce back Expected from 0.325$-0.29$ area.. Where you are able to build proper trade setup. •its current local support is0. 365$. Warning : That's just my idea DYOR Before taking any risk?
LINK/Chainlink Analysis A detailed look into Chainlink's price trajectory: ⚠️ Key Levels to Watch: Conservative Target: 4.236 FIBO (~$112) Bullish Target: 4.236 extension (~$500) Sell Zone: Highlighted in orange, acting as a major resistance area. ? Overview: Chainlink's price is trading within a rising channel, supported by Fibonacci extensions. A breakout could push LINK toward the targets.
Celr very very bullish Just buy this level If loss 0.015 level go to 0.013 and then rise again