Following my previous #USDCAD analysis, we've gained a 137 pip move. Check out my earlier post for more details. ?Now, ✔we have a breakout from the trend, ....?with a potential retest in the making. ? Let's grow together! #Follow me to stay updated and benefit from my shared insights.
And this is what the micro view looks like. If you've not seen our precedent post on the macro view, you should check it out so you get the global scheme of the move. The red line has to be reached at some point over the next few weeks, maybe even days, because Gold has a "desert area" to cross : this is the area where there's no blue lines, which are basic KL. What we believe is that when there 's no or not enought KL, the price moves way faster, hence the green drawing.
If you follow us for long, you know that we are very fond of using Fibonacci levels on Bitcoin (BTCUSD) Cycles in order to project future tops and bottoms. Today is one of those analyses, in fact it is a strong variation of the following Inverse Head and Shoulders call: https://www.tradingview.com/chart/BTCUSD/S9eFLWvh-BITCOIN-Hidden-Inverse-Head-Shoulders-pattern-points-to-165k/ As you can see, that was based on the condition that BTC would make a first hit and rejection on the 0.786 Fib retracement and then (as it happened on the previous Cycle) would go for a Cycle Top on the 2.0 Fibonacci, which gives us a $165k Target. Since the 0.786 Fib never really offered the rejection of the previous 3 Cycles, we are introducing a variation model with new parameters. We take the Fib extension from the bottom of each Cycle to the moment it made contact with the 1W MA50 (blue trend-line). As you can see by applying these conditions, every Cycle since BTC's inception has hit at least the 5.0 Fibonacci extension, with all Cycles in fact making a perfect Top there with the exception of 2017, which even exceeded it. As a result, we can claim that this Cycle will have a minimum peak at $185000. How realistic do you think this is for the 'bad case scenario'? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
GOLD on the background of high economic risks is rising breaking through the barriers and realizing consolidation in the rally. The price is heading towards a strong liquidity zone, which is quite capable of stopping such a strong growth, which is now forming. Scenario: All eyes are on 2721. A false breakout or consolidation below the level (reasons for a rebound) could trigger a correction to 2688 (0.5 fibo), or to the base of the broken ascending channel.
#XAUUSD price have multiple breakout 2700, now price is ahead of the next confirmation which is above 2718-2726 which have strong decline to retrace sell. Firstly we await for the H1 to close between 2703.56 for buy limit which target is 2718-2726, SL at 2693.5 which have strong bearish zone. Below 2693.5 is sell target 2678-2670.
? **XAU/USD Trading Plan – Get Ready for the Big Move!** ?✨ Hey traders! ? Here's my setup for **XAU/USD** today ? **Game Plan**: I'm waiting for a pullback to the **PRZ zone**, targeting the **2695–2670 area** for buys. My target? **2720**, riding the wave for a potential big move! ? ? **Why This Setup?** ? Strong **order blocks** on the 4H timeframe ✅ ? Previous moves from this zone delivered over **200 pips** ? ? **Geopolitical tensions** and potential ceasefire talks in the Middle East could fuel bullish pressure ?? ⚖️ **Risk Management**: Entering with **50% risk** compared to my usual trades—staying cautious amid global news volatility. Patience and discipline are key! ?♂️ ? **Engage With Me**: What are your thoughts on this setup? ? Drop a comment or share your analysis below! Let’s grow together and crush the markets. ?? ? **Follow me for more** actionable forex insights, updates, and strategies. Let’s make those pips together! ?? #Forex #XAUUSD #GoldTrading #ForexStrategy #RiskManagement #TradeWithMe
hello Analysis of the Australian dollar The probability of formation of a top floor pattern in one hour time, only and only by maintaining the high price of 0.62000, this analysis is valid! Target 0.62700
This is what it looks like for us : a huge rally where the price is to reach at least 2780 pretty soon. Look at our next post to get the micro view and the daily signal. The idea is to compensate the green top area, which acts like a super KL, making the price come back to such high levels. On the other hand, since the economy in the US seems to get more and more stable, the Gold Index should not grow that much on the next few years, only in case of a major event. Which is why you can observe the red dotted line going back to the ground, to another super KL.
The Australian Securities and Investments Commission (ASIC) has announced the appointment of Scott Gregson as its new Chief Executive Officer.
Gold and Silver have been consolidating since October 2024. A stronger US Dollar and higher market yields have created a stronger headwind. The fact that demand from China has slowed somewhat has also contributed to the fact that the precious metals have not been able to make further advances. On the whole, however, it must […]