⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) extends its upward momentum for the third consecutive day on Wednesday, reaching its highest level since November 1 near the $2,750 mark during the Asian session. This rally is driven by safe-haven demand amid uncertainty surrounding US President Donald Trump's trade policies. Additionally, a recent drop in US Treasury bond yields, supported by expectations of two Federal Reserve (Fed) rate cuts this year, provides further support for the non-yielding yellow metal. ⭐️Personal comments NOVA: Long-term Uptrend remains, expect higher price zones 2756, 2774 ⭐️SET UP GOLD PRICE: ?BUY GOLD zone: $2720 - $2718 SL $2713 TP1: $2728 TP2: $2735 TP3: $2748 ?SELL GOLD zone: $2755 - $2757 SL $2760 scalping TP1: $2750 TP2: $2745 TP3: $2740 ?SELL GOLD zone: $2774 - $2776 SL $2781 TP1: $2765 TP2: $2758 TP3: $2750 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️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
This longer term count for the Dow Jones Index is suggesting that we may be in the later stages of an extending 5th wave, particularly if this index can break to new highs. There are always lots of possible EW counts for any chart but there are some areas of confluence here with the fib extensions for a possible top.
Hi Traders, Check out our 15M Analysis As per our chart layout analysis, our analysis has played out perfectly last 2 days. The EMA5 crossed and held above various levels, crossing 2715 target and breaking through the resistance level as well. We highlighted that the next directional move would be confirmed once the EMA5 crossed and locked above weighted levels—and that’s exactly what happened. To make it easier for you, we’ve added entry levels, and take profit targets (TP1, TP2, TP3). These levels align seamlessly with the EMA5 crossing and holding above each level, which will determine the next target. The golden circle indicates specifically where EMA5 has crossed and locked above the weighted levels and worked out perfectly. Currently, the price is moving between two weighed levels, with a gap above at 2755 and a gap below at 2748. We need to see the EMA5 cross and lock on either of these levels to confirm the next range. Remember to focus on buying dips. Our updated levels and weighed zones will help track downward movements and capitalize on upward bounces. Continue to buy dips at our support levels, targeting 10-20 pips per trade. Each level structure typically provides bounces within this range, making it ideal for precise entry and exit opportunities. BULLISH TARGET 2762 EMA5 CROSS AND LOCK ABOVE 2715 WILL OPEN THE FOLLOWING BULLISH TARGET 2731 DONE EMA5 CROSS AND LOCK ABOVE 2731 WILL OPEN THE FOLLOWING BULLISH TARGET 2741 DONE EMA5 CROSS AND LOCK ABOVE 2741 WILL OPEN THE FOLLOWING BULLISH TARGET 2748 DONE EMA5 CROSS AND LOCK ABOVE 2748 WILL OPEN THE FOLLOWING BULLISH TARGET 2755 EMA5 CROSS AND LOCK ABOVE 2755 WILL OPEN THE FOLLOWING BULLISH TARGET 2762 BEARISH TARGETS 2696 EMA5 CROSS AND LOCK BELOW 2741 WILL OPEN THE FOLLOWING BEARISH TARGET 2720 EMA5 CROSS AND LOCK BELOW 2720 WILL OPEN THE FOLLOWING BEARISH TARGET 2701 EMA5 CROSS AND LOCK BELOW 2701 WILL OPEN THE FOLLOWING BEARISH TARGET 2688 As always, we’ll keep you updated throughout the week with regular insights on how we’re managing active ideas and setups. Thank you all for your continued support, including your likes, comments, and follows – we truly appreciate it! TheQuantumTrader
N wave with E, V, N & NT projection. The price has broken above the Kumo, indicating a potential shift to bullish momentum. Chikou Span is above the price and Kumo, confirming a bullish bias. Tenkan-Sen and Kijun-Sen show bullish alignment, with Tenkan-Sen above Kijun-Sen. N at 0.380: A nearest resistance target providing insight into trade exits. NT at 0.355: which acts as immediate support. The price is currently trading above this level, suggesting a continuation of the upward trend. A drop below this would signal a shift in a market sentiment and potential trend reversal. The downtrend line has been broken, signaling a reversal to an uptrend. There is a noticeable increase in volume, which supports the breakout above the Kumo and the trendline. Entry: Around the current price of 0.370, ensuring the price stays above the NT level of 0.355. Stop-Loss: Below 0.345, just under the NT support level and Kijun-Sen. If the price falls below 0.355, it may indicate a false breakout. Reassess the trade setup if this occurs. Note: 1. Analysis for education purposes only. 2. Trade at your own risk.
Hey Realistic Traders, A lot of uncertainty looms after Donald Trump was officially sworn in as President. Will Safe Haven Assets, such as OANDA:XAGUSD Rise Again? Let's dive into the analysis... Silver has tested the EMA-200 line more than twice in the past year. This retracement often signals a strong bullish trend. On the daily chart, Silver has formed a falling wedge pattern, followed by a breakout. The breakout, combined with a bullish MACD crossover, suggests the trend is likely to continue upward. Based on these technical indicators, the price is projected to rise toward Target 1 at $33.0811 or potentially Target 2 at $34.5649, as long as it stays above the critical stop-loss level of $28.7040 Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below. "Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Silver".
Speculation is swirling about hidden bearish forces potentially impacting Bitcoin's trajectory. Amid fluctuating market conditions, some analysts suggest that these underlying pressures could push Bitcoin's price to 103k. While the exact triggers remain uncertain, market sentiment and external factors are key drivers to watch in the coming days.
XAUUSD on the 4H chart is testing the resistance line! Key Points 1. *Resistance Line*: XAUUSD is currently facing resistance, which could lead to a bounce or a breakout. 2. *4H Timeframe*: The 4-hour chart provides a good balance between short-term and medium-term analysis. 3. *Support and Resistance*: Identify nearby support and resistance levels to refine your analysis. 4. *Volume and Momentum*: Monitor trading volume and momentum indicators to confirm the trend. Trading Strategies 1. *Wait for Breakout*: Enter a long position if XAUUSD breaks above the resistance line, or a short position if it breaks below. 2. *Set Stop-Loss*: Place a stop-loss order below the support area (for long positions) or above the resistance line (for short positions). 3. *Scale Positions*: Consider scaling your positions to manage risk and maximize potential gains. Additional Tips 1. *Combine with Other Analysis*: Use the resistance line analysis in conjunction with other technical and fundamental analysis tools. 2. *Monitor Market Sentiment*: Keep an eye on market sentiment and adjust your strategy accordingly. 3. *Risk Management*: Always prioritize risk management by setting stop-loss orders and limiting position sizes.
? ? ? Reversal Pattern: AKBA has reached a resistance zone and is showing signs of bearish rejection, indicating a potential downward move. ? Key Levels: Entry: $2.37 ✅ Stop Loss (SL): $2.48 ?️ Target 1 (T1): $2.25 ? Target 2 (T2): $2.14 ? ? Volume Confirmation: Monitor for decreasing buying pressure or increasing selling volume to confirm bearish sentiment. ? Opportunity: A strong short trade setup with a favorable risk-to-reward ratio for capturing potential downside movement. ? #AKBA #StockTrading #TradingView #ShortTrade #BearishSetup #DayTrading #StockMarket #TechnicalAnalysis #ChartPatterns #MomentumTrading #TradeSmart #RiskManagement #StockCharts #MarketAnalysis #TrendReversal
https://www.tradingview.com/x/Z1FdLhxm/ The yesterday's violation of a key daily horizontal resistance opens a road to a current All-Time High on Gold. The market will most likely continue rising. Goal - 2782 ❤️Please, support my work with like, thank you!❤️
Algorand is setting up nicely within the bull flag pattern it's currently trading in. Compared to many other coveted cryptos, ALGO's gains have been very reserved compared to its structure (maximum supply). I do believe that we are going to see ALGO outperform on the next leg, as it has some catching up to do, especially when compared to what it has done in past bull run cycles. Good luck, and always use a stop loss!