Hi traders!, Analyzing XAU/USD on the 1H timeframe, spotting a potential long entry: ? Entry: 3,027.23 ? TP: 3,064.31 ? SL: 2,990.15 Gold is testing a key support level near 3,027, coinciding with the 200 EMA. If buyers step in, we could see a bounce toward 3,064. RSI is approaching oversold levels, suggesting a possible reversal. ⚠️ DISCLAIMER: This is not financial advice. Every trader makes their own decision.
Cable reached six-month intraday highs even above $1.32 on 3 April after the American government announced sweeping new tariffs and panicked many investors and traders. Now, though, most of these have been reversed after an unusually better than expected job report from the USA. Politically, sterling seems to be among the less vulnerable currencies now since the UK was hit by only 10% new tariffs and hasn’t responded with any on the USA amid the Prime Minister’s call for ‘cool and calm heads’. The obvious interpretation of the chart is an extreme head and shoulders, which would suggest another bout of significant losses to come around the end of April or early May. That’s questionable now because the fundamental situation is so heated. Given the strength of the pullback from $1.32, a sustained break above there in the near future looks unlikely. $1.28 is the area of the 200 SMA and likely to be an important support, but the price might halt above there at least temporarily around the lower part of the range from March. As for gold, traders are looking ahead to American inflation on 10 April. Here though British GDP, trade and industrial data are also in focus on Friday 11 April. This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.
Gold posted its first weekly loss in a month on 4 April as the American job report came in much stronger than expected amid the backdrop of general fear in markets after the start of the new phase of the trade war. Usually the yellow metal has a degree of inverse correlation with major indices, but in the current situation of an ongoing crash for the S&P 500 and others, general panic can cause most investors to run for the door initially. Broadly, there doesn’t seem to be a fundamental justification for gold to decline significantly, since economic headwinds should drive the Fed to be more dovish. The price is in the process of testing the 161.8% monthly Fibonacci extension. If successful, the next significant support would probably be $3,000, followed by February’s highs around $2,950. The large spike in buying volume during 3 May’s decline and the long tail that day might make an extended correction unfavourable, but some consolidation lower might be necessary before another round of gains given how strong the overbought signal had been late last month. In this situation, it’s potentially very risky both to try to ‘catch the knife’ and to go with the apparent flow and sell. The next major data due is American inflation on 10 April, which might give more useful information to work with than headlines. This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.
The S&P 500 has just printed three consecutive long-bodied red candles following a brief uptrend. This classic "Three Black Crows" formation could be a powerful bearish reversal signal—one that historically hints at a deeper correction on the horizon. ? What does this pattern mean? Appears after an uptrend or rally. Consists of 3 bearish candles closing near their lows. Suggests strong seller control and trend reversal potential. ? Current context: The S&P is already under heavy pressure from macroeconomic and geopolitical concerns. This pattern adds further bearish sentiment, especially if we see continued follow-through on volume. ? If confirmed, we could be looking at the continuation of a larger downtrend. But remember: confirmation is key. Watch closely how price reacts in the next 1–2 sessions. ? Do you see this as a real warning—or just a pause before the next leg up? #SP500 #ThreeBlackCrows #CandlestickPatterns #BearishSignal #TechnicalAnalysis
Yesterday, Bitcoin continued its decline from the previously mentioned volume zone, but there was no confirmed breakdown below it or a breach of the local low. At the moment, a trend reversal to the upside has formed. Currently, the zone of accumulated volume has shifted and is now located in the $83,600–$82,500 range. A breakout above or below this zone will define the local trend for the coming days. Our primary scenario considers an upward move toward the $85,600–$88,000 sell zone (absorption of buyer aggression), from where we expect selling pressure to resume. Sell Zones: $85,600–$88,000 (absorption of buyer aggression) $95,000–$96,700 (accumulated volumes) $97,500–$98,400 (pushing volumes) $107,000–$109,000 (volume anomalies) Buy Zones: $77,000–$73,000 (volume anomalies, pushing volumes)
I've been super bearish indices for a while but heading into the 5000 area in SPX I am becoming increasingly bullish. I think in the extremely bearish setup we bounce to 5500 and if we are actually making a big major top, then it's viable we swipe at the highs a few times. Liquidity ... and all that. This could potentially be a long time of choppy action around the topping zone. If that's going to happen there's epic bear trades coming in the future but to prevent from becoming exhausted as a bear before they happened - you'd be wanting to bank in the rally. Have plans to pick up an assortment of bets on a new high being made within 3 months somewhere a little under 5100. And picking p spot longs at some point which I can trail stops on and wait to see if the bull trap levels fail. I do think at the very least the min risk bears have into 5000 is a 10% bull trap. I'd be very careful as a bear now.
Market Overview: Ethereum (ETH) remains in a well-defined downtrend, consistently forming lower highs and lower lows. The market structure remains bearish, with price respecting the descending trendline. Currently, ETH is showing signs of a corrective move within this broader downtrend, approaching a key Fair Value Gap (FVG) region that could act as a supply zone before a potential continuation to the downside. Technical Insights: - The long-term downtrend is intact, as demonstrated by the trendline resistance capping any bullish attempts at recovery. Until price successfully breaks above this trendline with strong momentum, the bearish outlook remains dominant. - A major support level has been tested multiple times, indicating strong demand in this area. However, repeated retests of support without significant bullish follow-through increase the likelihood of a breakdown. - The price is currently retracing into an FVG region, which aligns with previous structural resistance. This could serve as an ideal area for sellers to re-enter the market, pushing price lower towards new lows. Potential Scenario: If price rejects the FVG zone and fails to break above the descending trendline, the bearish trend is expected to resume. A strong rejection here could lead to increased selling pressure, targeting the key support zone below. If this support breaks, ETH could see a continuation of its larger downtrend, potentially reaching lower price levels. Risk Considerations: While the overall trend remains bearish, traders should be cautious of any sudden shifts in momentum that could invalidate the bearish thesis. A strong bullish breakout above the descending trendline would suggest a change in market structure, requiring a reassessment of the outlook. Additionally, macroeconomic factors and broader market sentiment, including Bitcoin’s movement, could influence Ethereum’s price action. Conclusion: ETH remains in a clear downtrend, with price currently testing a critical FVG zone within a bearish structure. Unless a significant breakout occurs, the market is likely to continue its descent, with sellers targeting the major support area. Traders should closely monitor price action in the FVG zone for confirmation of the next move.
GRAB has broken the trendline on downward bearish momentum. The RSi is also in oversold meaning that it could go down further on bearish momentum.
? Market Analysis & Trade Opportunity The ( BINANCE:1000SHIBUSDT.P ) pair is sitting at a critical support zone, showing signs of potential reversal. With buyers stepping in and multiple rejections forming, this level could act as a launchpad for the next bullish rally. ? Why This Setup is Important? ✅ Strong Support Zone: Price is testing a key demand area that has historically led to strong bounces. ✅ Rejection Wicks: Sellers tried pushing the price lower, but buyers are stepping in aggressively. ✅ Potential Bullish Move: If this support holds, we could see a rally toward major resistance levels. ? Key Levels to Watch: ? Support Holding: Grey Box ? Breakout Targets: TP1: 0.012665 TP2: 0.013221 TP3: 0.013797 TP4: 0.014465 TP5: 0.015661 ? Stop Loss (SL): 0.011777 / 4H CC (To manage risk effectively) ? Will 1000SHIB Bounce or Break Down? This level is make-or-break for SHIB! If support holds, it could trigger a major rally. But if it fails, lower levels could come into play. ? What’s your bias? Are you bullish or bearish? Drop your thoughts in the comments! ⬇️ ? CMP Crypto Insights – Stay tuned for more premium trade setups & market updates! ? ?Don't forget to press the ? Boost button to support me—every boost helps! ?
Buy Setup For Next Weak XAU its High Probly chance To Restest 2999 lvl