This 15-minute chart for Gold (XAU/USD) highlights a bearish reversal from a key resistance zone near $3,240. The price formed a strong bearish engulfing pattern after testing resistance, suggesting downside momentum. A potential short trade setup is illustrated with a target at $3,220, aligning with a previous demand zone. The blue arrow indicates expected price movement, supported by recent volatility and price structure. Traders should watch for confirmation before entering positions. 1. Price Structure & Key Zones: Resistance Zone (~$3,240): This zone has been tested multiple times (marked with yellow and shaded boxes), acting as a strong supply area. Each test results in rejection, indicating sellers are defending this level. Support Zone (~$3,210–$3,220): Highlighted at the bottom, this demand zone has held price up in the past, making it a logical target for any short setups. --- 2. Price Action Patterns: Bearish Engulfing Patterns: Several shaded areas on the chart highlight strong bearish candles following bullish ones, indicating momentum shifts in favor of the bears. Fakeout (Yellow Box): A small bullish breakout above a recent high failed, leading to a sharp reversal. This often traps long traders and fuels downside momentum. --- 3. Current Price Action: The latest candles show a loss of bullish momentum after testing the resistance zone again. A strong red candle followed by lower highs signals a potential bearish continuation. A blue arrow points downward, suggesting that a short setup is in play with a clear target at $3,220, as marked. --- 4. Trade Idea: Bias: Bearish (short-term) Entry: Below $3,232 confirmation candle Target: $3,220 (marked) Stop Loss: Above $3,240 resistance zone Risk/Reward: Appears favorable given the structure
Based on the D1 chart, the price is approaching our sell entry level at 65.24, a pullback resistance that aligns with the 61.8 Fibo retracement. Our take profit is set at 58.08, a swing low support. The stop loss is set at 70.39, a pullbac resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (https://tradu.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (https://tradu.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (https://tradu.com/en): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Daily HO analysis A long position with the target and stop loss as shown in the chart The trend is up, we may see more upside All the best, I hope for your participation in the analysis, and for any inquiries, please send in the comments. He gave a signal from the strongest areas of entry, special recommendations, with a success rate of 95%, for any inquiry or request for analysis, contact me
uhhh, last time i kinda gave yall a short bias, it worked, now with these prices, i reckon it will reverse at that little 1H low i marked out there, or, it will literally smashed ts out of the 4H low i marked at the bottom
xrp in daily chart potentially forming falling wedfe pattern. If candle has broken the pattern, first price target is around $3.8 (Fibonacci Ratio 1.618) and second price target is around $5 (Fibonacci Ratio 2.618)
FREEDOG vs. SHIB: Utility: Freedogs offers play-to-earn and staking; SHIB is primarily meme-driven. Market Cap: FREEDOG is smaller, potentially higher volatility. Community: Both have passionate bases, but Freedogs emphasizes decentralization. Which project’s narrative resonates more with traders?
Using Fib levels to identify potential pullback targets: 23.6% Retracement: $0.0030 (minor support). 38.2% Retracement: $0.0027 (key watch level). 50% Retracement: $0.0025 (strong support). Traders: Where would you set stop-losses?
Freedogs vs. GMT: Sustainability: GMT faced burnout due to high entry costs; Freedogs’ lower barrier might avoid this. Tokenomics: FREEDOG’s burn mechanism vs. GMT’s deflationary model. Community: Freedogs’ decentralized focus vs. STEPN’s brand partnerships. Which project’s model is more sustainable long-term?
Airdrops can incentivize holding, but they also risk sell pressure post-claim. HODLer Psychology: Are users accumulating for long-term gains? Market Pressure: Could mass claims lead to short-term dumps? How do you balance airdrop rewards with trading strategies?
MACD is showing a bullish crossover—signal line crossing above the MACD line. Histogram: Rising, indicating growing bullish momentum. Price Action: Testing $0.0035 resistance. Traders: Is this a buy signal, or are you waiting for confirmation?