? Market Structure: Gold is currently in a corrective phase after a strong bullish run, facing a pullback from recent highs around $3,160. The price has now approached a key horizontal support zone near $2,980 - $3,020. ? Key Levels: ✅ Resistance: ~$3,160 (previous high) ✅ Horizontal Support: ~$2,980 - $3,020 (marked in blue) ✅ Target Level: ~$3,099 (potential bounce area) ? Potential Scenarios: 1️⃣ Bullish Reversal: If the price finds support in the marked zone and forms bullish confirmation (e.g., hammer candle, bullish engulfing), we could see a retest of $3,099 and potentially higher levels. 2️⃣ Breakdown Scenario: If support fails, gold may see further downside towards $2,950 or lower. ? Trading Plan: ? Buy Setup: Look for bullish confirmation near support (~$3,020) with a target of $3,099 - $3,120. ? Sell Setup: If support breaks, short positions could target $2,950 - $2,920. ? Bias: Bullish above support, bearish below it. ? Risk Management: Use a stop-loss below support (~$2,980) to manage risk. Would you like me to refine this further or add any indicators like RSI, Moving Averages, etc.? ?
Rune Big short! Target ? $0.935 Roughly 6-7RR DTT strategy applied ✅ Learn more about DTT here⬇️ https://t.co/60Nyw3k5Bk
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Over the 13 years reporting on Tesla and its CEO, Elon Musk, I have watched the rise, fall, near misses, and rise again of the company and […]
There’s a scene in Far Cry 4 in which a female NPC chastises the player if they look down at her bare chest. “Stop looking at my tits,” she says. Well, at least one player was shocked to find the scene censored when they were playing the 11-year-old Ubisoft game this week. The French publisher says it was a mistake…Read more...
Im Kino vermag es Gerard Butler nicht, Blockbuster-Schwergewicht Christopher Nolan das Wasser zu reichen. Bei Amazon Prime punktet der Action-Star dafür mit einem neuen Thriller.
The market is collapsing, China is retaliating with 34% tariffs and Powell is making jokes! Well that pretty much sums up the market news since yesterday, with Nasdaq / US100 having the worst day since the COVID crash 5 years ago while President Trump shouting 'the market is going to boom'. Today China imposed 34% reciprocal tariffs on imports of U.S. goods and the worst of all.. Jerome Powell on his speech a little earlier was making jokes about his purple tie, avoiding to address the elephant in the room and take action! Nasdaq is testing the August 5th 2024 Low, having crossed even under the 1week MA100 for the first time since May 15th 2023! At the same time the 1week RSI just got oversold at 30.00. Reminds you of something? Yes that's right the last time Nasdaq broke under its 1week MA100 that fast and got oversold on its 1week RSI was on the week of March 16th 2020: YES the COVID crash. What happened then? Well dear old Fed stepped up, did what they HAD to and cut rates to near zero (0.25%). Even President Trump tweeted just a few hours ago that Powell should cut rates now and stop playing politics! Tariffs are in place and they will pay off very well in the long term. On the shorter term, it is in Powell's hands save the economy. -- Do the right thing and finally CUT THE RATES Jerome! -- Follow us, like the idea and leave a comment below!!
As shown in the chart, we may now see a relief rally in equities in case Trump decides to take a step back regarding tariffs, while at the same time, the FED decides to give markets a break by messaging possibly more rate cuts this year. Although I think a relief rally is coming after this correction, we may end up in a similar technical pattern to 2008. By summer ( June-July ), equities may have a final push before breaking further below.
200 W SMA seems like solid support. The trend line looks like it meets there in June, maybe sooner if next week is like this week.
Charting a short-term bottom (3mos. - 6mos.) We may quest to 5000. However, I believe this to be the end of a two part measured move to the downside.
Bitcoin is still trading below $85,000 and $90,000, the best possible entry prices and timing before the major 2025 bull-market cycle. This cycle is expected to last a long time and reach prices as high as $250,000, more or less. Right now it is possible to buy Bitcoin up to 20X, experts only. I am opening several potions, one with 20X, some with 10X and another one with 8X. The market will take care of the rest. This is truly a once in a half decade opportunity. Bitcoin is not the only Crypto of course and leverage is not the only option we also have spot. Many Altcoins are set to grow really strong and will grow really fast in this bull-market cycle. An Altcoins can grow 100% while Bitcoin grows 10%. Others can grow 300-400% when Bitcoin grows 30%. Choose wisely. There are many options. Plan ahead. This is a friendly reminder because time is running out. The time to enter the market, the time to buy is now, or weeks and months ago. We are still within the accumulation phase. We are still at bottom prices. The time to buy is when prices are low trading near support —now! Now is the best time to buy and hold. Thanks a lot for your continued support. Let's do a Top Altcoins Choice —Your Pick (Name Your Altcoins) session for the good old days. I will make a new post with instructions. If you want to participate, please leave a comment letting me know. I will take a maximum of 700 requests, 3 per user. Thanks a lot for your continued support. Bitcoin is going up! Namaste.