I will be buying after the price range of 0.44 cent which he have to show a bullish engulfing candles to indicate that the bull has taking charge of the trend.
Gold prices are entering a phase of bearish consolidation. The understanding that the Federal Reserve may slow the pace of its interest rate cuts due to stalled progress in reducing inflation to its 2% target acts as a headwind for the yellow metal. However, a combination of factors continues to provide some support. A slight decline in U.S. Treasury yields keeps dollar bulls on the defensive. Additionally, persistent geopolitical risks and concerns regarding the policies of U.S. President-elect Donald Trump helps limit the downside for the precious metal. Traders are also likely to avoid taking new directional positions ahead of the critical Federal Open Market Committee (FOMC) policy decision on Wednesday. This decision will be closely watched for signals on the future path of rate cuts. which could provide new impetus for the XAU/USD pair. Technical Analysis In this analysis we will take a closer look at the current state of XAU/USD and provide a forecast for its future movements. First, let's start with a brief explanation of XAU/USD. XAU refers to the chemical symbol for gold, while USD is the abbreviation for the US dollar. This currency pair represents the price of gold in US dollars. As the US dollar is the world's foremost reserve currency and gold is seen as a safe-haven asset, XAU/USD is a highly watched and traded currency pair. Now, let's dive into the analysis of XAU/USD. In recent months, we have seen a steady uptrend in the price of gold against the US dollar. This can be attributed to various factors, such as the ongoing trade tensions between the US and China, the uncertainty surrounding Brexit, and the global economic slowdown. All of these events have led to investors seeking refuge in the safe-haven asset of gold, thus driving up its price. Additionally, the recent interest rate cuts by the US Federal Reserve have weakened the US dollar, making gold more attractive for international investors. The demand for gold has also increased due to the central banks of various countries adding gold to their reserves. These factors have all contributed to the bullish trend in XAU/USD. In terms of technical analysis, XAU/USD is currently trading above its long-term moving average , indicating a strong uptrend. However, it is important to note that the price has reached on critical resistance level of $2,718 per ounce. If it breaks through this level, we can expect to see further gains in XAU.USD. On the other hand, if the price fails to break this resistance, we may see a pullback to the support level of $2,560. Now let's move on to our forecast for XAU/USD. Based on the current market conditions, we believe that XAU/USD will continue its uptrend in the short term, with a potential target at $2,791 per ounce. However, we cannot ignore the fact that gold is a highly volatile asset, and any unexpected events or changes in market sentiment can quickly reverse this trend. In the long term, we maintain a bullish stance on XAU/USD due to the ongoing uncertainty in the global economy and the potential for further interest rate cuts by central banks. It is also worth mentioning that the gold market tends to perform well during times of geopolitical tensions and economic downturns, which are all possibilities in the current global landscape. In conclusion, XAU/USD has been on a steady uptrend, and our analysis and forecast suggest that our analysis and forecast suggest that this trend will continue in the short and long term. As always, it is important to keep an eye on the market and adjust your trading strategy accordingly. Stay updated with the latest news and events that may affect XAU/USD to make informed trading decisions. Happy Trading!
PRCL seems to enter a new volume, which can be confirmed in the coming time frames.
I hate formation trading. I love a H&S on RSI, but on the price chart - they're just so obvious that I can convince myself they "must" play out, which has hurt me in the past. With that said, this one is pretty nice. Sure... you'd prefer the right shoulder to be lower than the left, but I think that's just being picky. So then...IS Nvidia REALLY going to play out this 25% total H&S dump while the rest of the tech sector makes new ATHs day after day? I THINK SO, YEA As TQQQ made new ATHs today, NVIDIA continued with the girthy red candle party and officially broke the most optimistic bull's daily neckline, and so gun to my head I'd say yes, the H&S measured move to $120-$115 is where the smart money is. First sign NDQ pulls back and NVIDIA is going to the dump. With that said, I love to make small counter trades of my own expectations to try to keep my head honest. So while I am currently big account short, I have a speculative scalp long based on the following bullish hopium: As you can see, the .382 fib got front run, which I ALWAYS consider bullish until proven otherwise. I would expect a retest of the .382. premarket tomorrow, and bounce or not will decide vector. Nvidia also respected the daily 200ema, which is the last line of hope on any chart I markup. The weekly 20ema is being respected thus far, which is often the line in the sand in bull markets. You also have hourly and 4 hour oversold bullish divergence on RSI. Oh and finally... rising rides and all... No healthy charts are red right now. Scalp long entry is 130.5, SL is an hourly close below the .382 fib which is 129.6, TP is .618 138.6? Current short calls for entry at 129.5 once .382 confirms failed, then enjoy a complete local retrace to $115?
The FTX bankruptcy estate updated its timeline for creditor and customer reimbursements, with initial payouts to take effect on January 3, 2025.
Waymo will begin testing its autonomous vehicle technology in Tokyo in early 2025, the first time the Alphabet company’s robotaxis have driven on public roads outside the U.S. The move to Japan is part of Waymo’s “road trips,” a development program that involves bringing its technology to a variety of cities and testing it — […] © 2024 TechCrunch. All rights reserved. For personal use only.
Zum Montag hatte es unser Dax nicht sonderlich eilig und tauchte erst einmal wieder tiefer in die Range zurück. Guten Morgen :) Marken mit Wichtigkeit und hoher Reaktionsfreundlichkeit für heute und die nächsten Tage sind meiner Meinung nach: 20730, 20425, 20360, 20205, 20120, 19895, 19600, 19480, 19335, 19250, 19120, 19050, 18880, 18760, 18600 Chartlage: positiv Tendenz: seitwärts um abzukühlen Grundstimmung: positiv Unser Dax hatte das neue Hoch am Freitag nicht gestanden bekommen und sich wieder zurück gezogen. Sollte man ihn am Montag nun schon unterhalb von 20470 wieder nach unten abweisen, sind unten nochmal 20360 und drunter auch 20320 erreichbar gewesen. Sollte das gelingen, wären am Dienstag dann auch ein neues Tief unter der 20270 einzuplanen. Sollte er aber von Beginn an über 20470 / 20500 handeln, wäre Raum hin zur 20560, 20600, 20670 und auch 20730 da gewesen. So die Zusammenfassung von gestern. In der Nacht probierte sich unser Dax dann schon mal an der 20470, wurde dort aber abgewiesen und konstant auch im regulären Handel dann bis zur 20360 und 20320 abgleiten gelassen. Somit steht zum Dienstag nun das neue Tief unter der 20270 aus. Reichen würde es, wenn er das zwischen die 20250 / 20230 parkt und dann wieder hochkrabelt. Sollte der Bereich aber nicht halten, wäre darunter dann 20150 / 20120 die nächste Station. Bevor unser Dax das neue Tief anspielt, dürfte er aber auch nochmal Schwung holen, sogar bis zur 20400 hoch, das wäre nicht verboten, da wir hier oben noch in einer Range klemmen. Genau das würde dann eben auch bedingen, dass er von einem neuen Tief bei 20250 / 20230 dann wohl auch wieder nur Richtung 20400 hochgezogen wird. Die Scheine bleiben gleich. Für Aufwärtsstrecken der PG70KW KO 18600 sowie GQ9CGN KO 17000 und für Abwärtsstrecken der GG34Z4 KO 21400. Fazit: Zum Montag hat sich unser Dax schon mal auf die 20320 fallen lassen, fehlt nun nur noch das neue Tief unter der 20270 zum Dienstag. Idealerweise platziert er das dann zwischen die 20250 / 20230. Zuvor dürfte er aber auch noch einen Bogen über 20400 machen, das wäre genauso ungewöhnlich, wie wenn er nach dem Tief auch nur wieder zur 20400 zurück läuft, denn noch sind wir hier klar in einer Seitwärtsspanne unterm letzten Top. Sollte er da mehr wollen, müsste er unten das Tief gut annehmen und sich anschließend unter 20270 verbarrikadieren. Gelingt das, wären unten auch noch 20150 / 20120 machbar zum Dienstag.
Can you see, How buying *Only when the Lines are Blue; Short-Selling *Only when the Lines are Orange, Would have been an Effective Strategy? Can you See how going-against the Trend would have been costly endeavor the first six blocks or so, and again, in the September drop, Mid-Screen? I don't know about You, but I say "Buy in BLUE." not exactly Rocket Science : ) -You don't Even have to know much about Stocks....
https://www.tradingview.com/x/LNw3vCFk/ Hello,Traders! SILVER is going down Now and is about to retest A horizontal support level Around 29.81$ but its a Strong key level so after The retest we will be expecting A local bullish rebound And a move up Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
PEPE Coin 24hr Potterboxes. well pepe looks like it is on the floor of one box and on the top of another. Maybe it will bounce here. we will see.