? Gold prices have risen significantly following the inauguration of US President Donald Trump. ? The increase is attributed to a weaker US dollar as markets assess the impact of economic policies during President Trump's second term. The US dollar fell about 1% after reports that any new taxes would be "moderate". The weakening of the US dollar makes gold more attractive to foreign investors. ? Some of President Trump's policies could lead to higher inflation in the long term, which would continue to support safe-haven assets such as gold. ? However, it is important to note that President Trump's policies, while likely to boost inflation, could also prompt the US Federal Reserve to maintain or raise interest rates, affecting the appeal of gold. Gold typically thrives in a low-interest-rate environment. ? Overall, gold prices are reacting positively to current political and economic developments, especially the new administration's trade and fiscal policies. ?Analysis: Based on Fibonacci, Trendline, resistance - support zones to come up with a reasonable method ?Price Zone Setup: ? Buy XAU 2700 – 2702 ❌SL: 2695 | ✅TP: 2708 - 2716 – 2724 ?SELL XAU 2740-2742 ❌SL: 2746 | ✅TP: 2735 - 2729 - 2720 Thank you for reading my comment: "FM"
Wait at POI/OB at Daily Timeframe then go on lowertimeframes for confirmations of sell ....either selling if gave his bearish structure on hourly..or waiting in discount for entries long
$TRUMP Coin Updates & Next Possible Trade setups!! • After getting rejected from 75$ resistance area $TRUMP Coin Price Almost drop 55%+ .... Near me we will see little bit more correction in its price and then if it manage to hold 28$ OR 25$ Support area then potential 30% - 50% bounce back expected✅ • if its follow our scenerio then without SL Don't Build any trade on it? Warning : That's just my analysis DYOR☠
The Euro-Dollar pair remains in negative territory after cutting its recent losses, trading around 1.03800 during Asian hours on Tuesday. The Euro (EUR) remains under pressure amid prevailing expectations for the European Central Bank (ECB). Markets expect a 25 basis points (bps) rate cut at each of the ECB's next four meetings, driven by concerns over the eurozone's economic outlook and the belief that inflationary pressures will remain subdued. The U.S. Dollar Index (DXY), which tracks the performance of the U.S. dollar against six major currencies, rose to 108.30 at the time of writing. The US Dollar recovered from recent losses in the previous session, helped by news that President Donald Trump intends to direct federal agencies to review tariff policy and assess the United States' trade relations with Canada, Mexico and China. However, the dollar faced headwinds after Bloomberg reported that President Donald Trump will not immediately announce new tariffs after his inauguration on Monday. The U.S. Federal Reserve (Fed) is expected to keep the benchmark overnight rate in a range of 4.25 percent to 4.50 percent at its January meeting. However, investors believe that Trump's policies could lead to rising inflationary pressures, which could limit the Fed to another rate cut. Trading recommendation: Watch the level of 1.04000, if consolidated above consider Buy positions, if rebounded consider Sell positions.
We had some decent moves on Chainlink (which we caught as well with our 2 previous TAs). Price has been moving inside that sideway tunnel so we are looking for some kind of further drop towards the support zone, where then we will be looking for a similar liquidity grab and a possible recovery from buyers. Swallow Team
Bearish Going from IRL to ERL, Bearish on Daily in premium Failed to Close Above..
Due to Starbulk's technical chart analysis, it appears that the stock price is trending downward.
? ? Tue Jan 21 ?️ Day 2 ? WEF Annual Meetings ? Wed Jan 22 ?️ Day 3 ? WEF Annual Meetings ? Thu Jan 23 ?️ Day 4 ? WEF Annual Meetings ⏰ 8:30am ? Unemployment Claims: 220K (prev: 217K) ⏰ 11:00am ?️ Crude Oil Inventories: -2.0M ? Fri Jan 24 ?️ Day 5 ? WEF Annual Meetings ⏰ 9:45am ? Flash Manufacturing PMI: 49.4 ? Flash Services PMI: 56.8 ⏰ 10:00am ? Existing Home Sales: 4.19M (prev: 4.15M) ? Revised UoM Consumer Sentiment: 73.2 ? Market Insights: ? GAP ABOVE HPZ: On a gap up, we will get pinned down at HPZ back into the EEZ. ? OPEN WITHIN EEZ: A lot of resistance overhead. Markets should cool down after the gaps from last week. Small rally into fade downwards. ? GAP BELOW HCZ: We will likely get a small bounce and hold. #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
the yellow metal after breaking demand floor failed to use it as supply roof ,buyers returned to buy floor hoping to send the yellow metal to 2738 the roof of the bullish ascending channel before final push into 2764-2758 sell range
Slightly Bearish but need more confirmations on lower timeframes for entries