Rates are going lower to 2%. Canada enconomy is not in good shape. No jobs. Decreasing population.
Description: Based on the current technical analysis of Gold (XAU/USD), the price is expected to make a temporary bullish move (minor wave) before entering a major bearish correction toward key support levels. Key Observations: 1.Temporary Upside: The price is anticipated to rise toward the resistance level around $2,790, completing the minor bullish wave (marked in purple on the chart). 2.Major Downside: After hitting the resistance, the price is likely to reverse and begin a significant bearish correction, targeting the key support zone near $2,520. This area aligns with previous price clusters and important technical levels. 3.Overall Outlook: The bearish correction could provide a solid opportunity for long-term traders to enter buy positions, as Gold is expected to resume its bullish trend after reaching the support zone. Strategy: •Short-Term: Traders may look for buy opportunities during the initial upward move toward $2,790. •Long-Term: Traders can prepare for buy positions near the $2,520 support level for the next bullish wave. This analysis is based on current market conditions and technical setups. Updates will follow as new data becomes available. Feel free to share your thoughts or ask questions!
AUDNZD SELL premium and discount Sweep Break Liquidity
Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Baby Doge Coin , ?? The potential for Baby Doge Coin to experience significant growth is largely driven by its association with influential figures, notably Elon Musk. The strength and engagement of a coin's community directly impact its market interest and overall traction. Given recent trends in the coin’s chart and trading volume, I anticipate a price increase of at least 55% . ?✌ Moreover, technical analysis indicates that the next support level, as identified by the Fibonacci retracement, suggests a strong foundation for continued upward momentum. This confluence of factors positions Baby Doge Coin for further growth. ?? The growing interest from both individual and institutional investors adds to its potential for long-term gains. As the market evolves, Baby Doge Coin appears well-positioned to capitalize on these dynamics. ?? ? Our team's main opinion is: ? Baby Doge Coin's growth is driven by its connection to Elon Musk and a strong community, boosting market interest. With a projected 55% gain. Thank you for your attention. If you have any questions or comments, I’m here to respond to you. ??
OANDA:XAUUSD Hello traders, After the bullish move to 2720, we have reached my maximum Fibonacci extension level for the major wave 3. I am now anticipating an ABC structure for wave 4. Wave B might rise above 2720 to trigger stop-losses for sellers, so avoid placing your stop-loss too tight. Allow the trade some room to breathe, as we could then see some bullish momentum—possibly even another 1-2-3-4-5 setup within our white count for wave 3.
after a 72% drop over 182 days weekly RSI is curling up macD flipped green will see if it can turn around. strong resistance at 34, 40, 50. started small 34 Jan
Bitcoin is currently progressing through minuette wave 3, with the remaining wave 5 subwaves expected to complete soon. The projected target is $120k, aligning closely with the anticipated 25bps rate cut from the upcoming FOMC meeting. If realized, this could fuel a strong bullish momentum, potentially driving Bitcoin higher through the holiday season and into Christmas!
#AR/USDT respecting Diagonal Trendline as support in 4-Hour TF! Waiting for NYSE:AR to tap OTE zone aligned with 4H +OB. The local resistance level of PMH $26.343, and the support level is PML $12.451.
hello guys so in previous idea i told you guys that you should buy xrp with huge succes as it went up for 32%!! however now you could be stuck thinking what your target should be cause i didn't really say this in my previous idea, i know i am still a noob :( but my target would be $2.56 this because there is a clear Fair value gap made 09 dec at 1:15am so your target could be $2.55-$2.58 or if you want to be greedy which i do not recommend your target could be $2.63, i hope this helps a lot with finding your target i would always recommend analysing on your own and would see this type of idea's as a clarification or used as a indication. i am incredibly proud of myself that i can predict such things and hope to see you around agaimn in the future with more of these beautiful predictions.
#Bitcoin will continue its parabolic run at full speed with corrective waves as seen in the 2016-2017 and 2020-2021 bull runs.!