With international tensions escalating and the tariff war between the United States and China, it seems that the path to gold reaching the $3,700 range has become smoother.
The gold spot is currently bearish due to a combination of factors including rising U.S. Treasury yields and a stronger U.S. dollar, which reduce the appeal of non-yielding assets like gold. Additionally, hawkish signals from the Federal Reserve, suggesting potential for prolonged higher interest rates to combat inflation, have dampened investor demand for safe-haven assets. Market sentiment has also shifted towards risk-on, with equities and other risk assets gaining ground, further weakening gold's position. As technical indicators show downward momentum and gold prices struggle to hold key support levels, the bearish outlook remains intact in the short term.
- The trade is heavily reliant on the liquidity pools exist along the structures - Fair Value Gap coupled by an order block indicates an Imbalanced in price movement. - Multiple failed attempts to break the Intra-Liquidity Pools (towards Bullish), indicating exhaustion in the bullish bias. - customary, a fair value gap presents an imbalance in price, where the market will react to it by a set of corrections, and we aim to capitalize on that. - The Buy Limit is placed at the price within the order blocks and SL is placed outside the Larger Liquidity Pool,s giving enough room for price "play-around". - TP target will be on the Larger Liquidity Pools - Trade is Swing in Nature.
BINANCE:FARTCOINUSDT.P ? Pair: FARTCOIN/USDT (1H) ? SHORT CMP / Entry: 0.8639 Stop Loss (SL): 0.8946 ? Take Profits: TP1: 0.8485 TP2: 0.7890 TP3: 0.7378 TP4: 0.6977 White Lines are Extened TP's ? Technical Outlook A clear bearish divergence is visible on the 1H chart — price has made a higher high while RSI prints a lower high, signaling a potential momentum fade. RSI currently sits at 67.83, rolling off the overbought zone, indicating room for correction. Volume shows slight decline, supporting a possible near-term retracement. Price action appears to be stalling beneath resistance. ? Strategy Short from CMP with a tight SL above recent high. Secure partials along target zones. A break of TP1 could trigger a cascade toward deeper support levels. Leverage: 25x Position sizing: Margin 1–2% of your portfolio ⚠️ Disclaimer #NFA, DYOR. Margin 1–2% of your portfolio. Financial markets are subject to high volatility and unpredictable moves. Always trade with a clear risk management plan and avoid overexposure.
DXY is in a descending channel between trend lines. On the downside, the price has formed a gap and dropped below 100 pips and has already reached the lower trend line. The chart maintains a descending structure but has already formed a harmonic pattern and a descending wedge. On the major timeframes, the index relative strength is in the oversold zone and on the 30m Timeframe it is forming a bullish convergence. We expect a reversal after a support retest. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Bitcoin - tak long in 2 cases 1st - at low of a range 2nd - in a case of fix above 81 500
XAUUSD Daily Trading Plan - Sniper Entries ? ? Price Action Overview: Trend: Bullish (H1, H4, M15) Current Price: ~3,217 Market Sentiment: Positive, with strong bullish momentum, consolidating after breaking recent highs. Key News: Core PPI (m/m) and Prelim UoM Consumer Sentiment due today, watch for volatility during the New York session. ? Potential Sniper Entry Zones: 1st Buy Entry Zone ? Price Range: 3,172 – 3,175 Why: Strong Order Block (OB) on M15 & M5, CHoCH confirming trend reversal with a clear liquidity grab. Confirmation: Expect a bounce from support as price retraces into the zone, offering favorable risk/reward for a buy continuation. Stop Loss (SL): 3,160 (tight risk management) Take Profit (TP): TP1: 3,200 TP2: 3,220 TP3: 3,240 2nd Buy Entry Zone ? Price Range: 3,200 – 3,205 Why: Minor support with the market showing consistent bullish action around this zone. Confirmation: Watch for market structure to hold; this will be a second-tier entry in case of shallow retracements. Stop Loss (SL): 3,190 Take Profit (TP): TP1: 3,220 TP2: 3,240 TP3: 3,260 1st Sell Entry Zone ? Price Range: 3,220 – 3,230 Why: Possible Premium zone as the price tests recent highs, near overbought conditions. Look for rejections here. Confirmation: Watch for FVG & Price Action rejection signals. Stop Loss (SL): 3,240 Take Profit (TP): TP1: 3,200 TP2: 3,180 TP3: 3,150 2nd Sell Entry Zone ? Price Range: 3,240 – 3,250 Why: Testing the Premium area near previous highs; watch for signs of a strong reversal. Confirmation: Look for Bearish Divergence or Order Block Rejections. Stop Loss (SL): 3,260 Take Profit (TP): TP1: 3,220 TP2: 3,200 TP3: 3,180 ⏰ Key Trading Hours: New York Session (14:30 – 22:00 UTC+2): Pay attention to Core PPI data and Prelim UoM Consumer Sentiment for volatility. Watch for price reaction during these times to align with the entry zones. ? Summary & Final Notes: Buy Bias is dominant in this market given the recent strong bullish momentum. However, be mindful of resistance zones as price approaches key levels. Ensure Risk-to-Reward is always favorable before entering. Monitor key news events around 3:30 PM UTC for potential market reactions. ? Let's trade smart! Drop a comment below if you like the setup! ? Follow and subscribe for more analysis!
The price has perfectly fulfilled my previous forecast . OANDA:XAUUSD market surged straight up and reached the resistance level at 3200 without any pullback. Additionally, the price broke and closed above last week's high, confirming bullish continuation. As the market tests this key level, we may see increased volatility in this area considering that we have high-impact news in the NY session. The price seems to be decelerating at the channel border, which suggests there might be a corrective move in the market. If the price makes a pullback toward the support level, there is a strong opportunity to go long, with the potential for the price to continue moving upwards. My goal is resistance zone around 3275 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
Ethereum has had rather a pump-and-dump movement lately in a sideways channel where we are not getting any clear signs of a buying opportunity or selling opportunity. We keep just monitoring the markets, waiting for clear signs. (for a buying opportunity, a breakout and a proper re-test of our buying entry zone, where afterwards we want to see a BOS and similar price action for the sell entry zone). Swallow Academy
i shared BTC analysis on DEC 17,2024, The chart showed a potential rising wedge and breakout from a rising wedge pattern, a subsequent -30.12% drop (over 3.2 million pips), and a key support level should retest around the GETTEX:64K zone before the next huge up trend don't forget to take your profit at GETTEX:64K