Confluence of indicators and signals can help in decision making
Hello my fellow traders! kindly share your opinion on this analysis. Date: 10 January 2025 Current Price: 2668 Gold H4 candle has rejected 2678position twice which indicates a double top rejection. Currently market is working below its resistance level and is going to test support zone 2633. If market breakout 2633 position then it will have a great drop and its next target will be 2595 which is our demand zone. Supporting Area: 2633, 2615 Note: Target 1: 2633 Target 2: 2595 Stop Loss: 2675
Trade Alert XAU/USD Sell Alert 1. _Entry:_ $2,668 2. _Target:_ $2,658 3. _Stop Loss:_ $2,674 Trade Details - Risk: 6 pips ($2,674 - $2,668) - Reward: 10 pips ($2,668 - $2,658) Monitor the trade closely and adjust as needed.
With market conditions and pattern recognition, price seems to be operating under unpredictable movements. After following with a breakdown of support and retest of resistance followed by a bearish flag breakout, price may be looking to aim for the previous lows. With proper risk and reward, this idea can be taking into consideration for observation.
#XAUUSD As we see, #Gold is playing inside a rising channel & has reached to the top of that for the 2nd times. We have a bearish DIV on 4H TF as well that might cause it to fall to 2500 IMO. Good luck BGC ?
PANW reached a new peak at $207.24 on December 16. Although the price briefly moved above the significant $200 threshold, it failed to gain traction at higher levels. Thus, we now consider the top of the beige wave B as established and position the stock in the third and final stage of the larger wave (II) correction. From the wave B peak, the stock has already seen a pullback of approximately 20%. We anticipate that this downward movement will continue and ultimately reach our blue Target Zone between $104.74 and $55.73, where the ongoing downtrend should find its bottom. In our alternative scenario, we assign a 30% probability to an immediate breach of the resistance at $207.24. In this case, we would have to reckon with a new high of the blue wave alt.(I).
Goodluck use proper risk management the market is at a demand & expect further formation of new high highs
#OM is consolidating within a symmetrical triangle on the 4-day chart ?♂️ The pattern suggests momentum is building for a potential bounce from the ascending support ? If successful, price could rise towards targets at $5.00, $5.68, and $6.44 ?
#VET is consolidating within a symmetrical triangle on the 4-day chart ?♂️ The pattern suggests momentum is building for a potential bounce from the ascending support ? If successful, price could rise towards targets at $0.06844, $0.08068, and $0.09291 ?
Gold strong bullish soon resistance area 2700 XAUUSD full buy mode Gold surely flying around soon just wait