If it does actually or not. STances marked as said on the above!! Upto you what to choose
I guess not because youre a human, unless youre a doge to see this. Stances marked and initial buys goes from the red box, upto you to short or wait for it to buy
Market Structure follow up: Based on the daily chart of ETHUSDT, it formed Lower High under the FVG, it has a possibility to the target 2988 for filling the imbalance gap. This may be a buy zone as well.
sand just broke a a weak support zone , a good chance to short and make some profit, don't high leverage , market not stable. sell of once it reach the strong support zone. Thanks and good luck
During pre-NFP analysis we have suggested few levels where sell & buy risk can be taken for at least 60- 120 pips favorable move. By recalling that 2680/2681 sell pre-NFP given 160 pips quick profitable move. 2690/2696 post-NFP Sell Given 160+ pips favorable move. Coming towards todays/current week stance, we are considering 2695/2708/2733 levels as resistance and unlikely to sustained above during current week. While 2665/2639/2612 can act as support. President Donald Trump 2nd inauguration is scheduled on Monday Jan 20, 2025, and before that we may see gold is trading between 2733 - 2612 in big range of 121 points or 12100 pips range. Personally, I think strength would give sell opportunities. Tell about your idea by commenting on the post.
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
This chart is an analysis of the XAUUSD (Gold vs. USD) price movement on what appears to be a higher timeframe (likely 1H or 4H). The main components include: 1. Highlighted Zones: Red Zone (Sell Zone): Indicates a supply/resistance area where sellers might be active. The price is testing this area, signaling potential bearish movement or rejection. Green Zones (Buy Zones): Represent demand/support levels where buyers might step in to push prices higher. 2. Price Action: The price has been in a strong upward trend, creating higher highs and higher lows. It's now consolidating near the resistance area. 3. Risk/Reward Zones: The green area below suggests a take-profit level or where price could retrace for buying opportunities. The stop-loss is likely set above the red zone, indicating a safe exit if resistance is broken. 4. Time Annotations: Vertical dotted lines represent time intervals (possibly daily separations), allowing tracking of key session changes. 5. Context: The overall setup suggests monitoring the behavior near the resistance for rejection or a breakout. A sell could be initiated if bearish confirmation occurs, targeting the green zones below. Let me know if you need further breakdown or adjustments to this description!
The Decline of Gold in the Context of the Impending Collapse of the Global Financial System Built on Fiat Currencies May Sound Counterintuitive, but Let's Think About It. Let's start with how money appears in the economy. Copilot to the rescue! New money appears when someone takes out a loan from a bank. The bank issuing the loan, say for $1,000,000, must transfer a small part of the deposits, let's say 10% of the loan amount, to the reserve bank and enter $1,000,000 into the system. This introduces new, previously non-existent $900,000 into the economy. This money starts circulating in the economy and turns into GDP. Part of this money goes to salaries, and part goes to investments, including gold. Thus, the more money there is in the economy, the higher the overall price of goods. What happens when the loan is repaid or defaults? In such a case, the $900,000 completely disappears from the economy, leaving less money for circulation, thus putting pressure on prices in general. Looking at the fact that US bond yields are rising despite the Fed lowering the rate, I can assume that fewer and fewer countries and investors are willing to buy them. The yield will rise, while more and more loans will be defaulting, thereby reducing the USD money supply, which will lead to deflation. The price of gold negatively (inreverse) correlates with the real yield (nominal yield minus inflation). With rising yields and collapsing inflation, gold will fall. The gold chart shows an ascending diagonal, which most often resolves with a wild move in the opposite direction. What is needed for this is the collapse of the dollar-based credit system via defaults.
As you can see on the chart, the price has entered the cloud, the lag line is below the price and the future cloud is red, so I will watch the price and not enter the order. Price zones to watch: - 102k-105k$ - 90k- 92k$ - 70- 73k These are strategic price zones that need close attention for the next price trend
Hello Traders, Here is the possible paths I think BTC will take. I'm leaning towards where the white line goes. A nice run up till April starting with Trump on January 20th. Then I see a pullback before another run up in the summer. There is also a bear case which I show but the way BTC is holding above support I don't believe that to be the likely path. I used many things to create this which Im not gonna go into now. Lets see how I do going forward.