BUY 18.1500 | STOP 18.0000 | TAKE 18.3300 | Movement in the main ascending channel.
We witnessed history once again. Gold broke through a new high. Some people are feeling the joy of victory, while some are losing sleep all night due to losing their accounts. And I chose to exit in a timely manner and watch the main players' performance. This round of washing the market is really wonderful. It's obvious that it was carefully planned. Those who went long don't dare to be greedy in taking profits, and those who went short will suffer losses time and time again. For such an extremely unstable market, we need to stay calm and rational. Today is Friday, and we should reduce the number of transactions. After the key resistance level of 3060 for gold was broken through, it has transformed into support. The upward gap has been opened. Currently, we can't accurately determine the resistance position. We can only pay attention to the range of 3090-3100. The short-term trading range can be within the interval of 3060-3090. Today's trading strategy for gold: xauusd buy@3055-3060 tp:3075-3085 Currently, my account balance has grown from an initial $40,000 to $1M in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
CADJPY: Bearish Wedge Pattern The price broke out from a bearish Wedge Pattern. The volume is growing, and after a pause, CADJPY can move down more. Both economies are impacted by Trump's tariffs but in my opinion Canada has more problems and Trump can create more instability. Targets: ? 104.65 ? 104.00 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold has reached a high of around 3085, now just a step away from the 3100 level. However, for short-term trading, I view the 3085-3105 range as an ideal zone to consider short positions on gold. ?Short-Term Trading Strategy: Consider scaling into short positions within the 3085-3105 range. Pay close attention to position sizing and risk management when setting up trades. ?Key Support Levels to Watch: -First target: 3065-3055 -Second target: 3045-3040 The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
Today's buy and sell boundaries: 1.2936 Support and resistance levels: 1.3057 1.3012 1.2983 1.2890 1.2861 1.2816 Trading strategy: If the price breaks through 1.2983, consider buying, the first target price is 1.3012 If the price breaks through 1.2936, consider selling, the first target price is 1.2890
F enzo F x—USD/JPY tested the 151.2 resistance but failed to make new highs, retreating to around 150.4. Bullish Scenario : The primary trend remains bullish, but a close above 151.2 is needed to target 154.8. Bearish Scenario : A break below 149.540 could spark bearish momentum toward 145.5.
GOLD is above the ascending channel between the trend lines. The price is moving from the lower trend line, support level and has already consolidated above the upper boundary of the channel. The chart maintains an ascending structure. Trading volumes have decreased. We expect XAUUSD to continue rising while the indicators are forming a bearish divergence on the 1W Timeframe. It should be taken into account that opening long positions now is quite risky. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
In a slight contradiction to my previous post - as I like to consider ALL options and present them to you, so YOU can make up your own mind. I saya SLight contradiction, as 73K is Still the target here. See this channel AP is in? The descending channel we been in for a while. We seem to be getting rejected off the upper trend line. The lower line crosses the 1 Fib extension and Hits the rising Long term support around 73K We do have Support just below the Current PA position on the POC ( Point of control) of the VRVP So, Hang on and we wait to see what happens. If PA returns to 78K and then 73K - DO NOT PANIC This would be SUPERB buying opportunities So, Consider all the possibilities I have sugested today, Make up your own minds and, if you want to, please do leave a comment
AUD/PLN Technical Analysis & Trade Setup Chart Overview: Currency Pair: Australian Dollar (AUD) / Polish Zloty (PLN) Timeframe: 30-minute chart Indicators: 200 EMA (Blue): 2.44075 30 EMA (Red): 2.44113 Key Levels & Strategy: Support & Resistance: Major Support Zone: Around 2.42932 (Stop Loss Area) Intermediate Resistance: Near 2.44228 Target Resistance (Take Profit): 2.45997 Trade Projection: The price recently bounced off the support zone (purple). A possible retracement and retest of resistance before a strong upward move. Targeting 0.97% profit potential from 2.44228 to 2.45997. Entry Strategy: Confirmation of support hold at 2.44075 - 2.44228. If price respects this zone, a bullish continuation is expected. If support fails, price may revisit the stop-loss area (2.42932). Conclusion: If price sustains above 2.44113, a bullish move is expected. Watch for a breakout above resistance for a confirmed long entry. A drop below 2.42932 would invalidate the setup.
A rising wedge is a pattern that typically forms when the price makes higher highs and higher lows, but the upward momentum starts weakening. The narrowing structure of the wedge indicates that buyers are losing strength, and a breakout to the downside is likely. Key Characteristics of the Rising Wedge: ✔ Higher highs & higher lows – but with reduced momentum ✔ Trendline support (lower boundary) & resistance (upper boundary) ✔ Volume decline – suggests a potential reversal Expected Scenario: If the price breaks below the lower trendline, it signals bearish pressure, and Silver could see a strong decline. 2. Key Levels & Trading Setup ? Resistance Level ($34.50 - $34.80) The upper boundary of the wedge is acting as strong resistance. Historically, this zone has rejected price action multiple times, indicating sellers are defending this area. ? Support Level ($30.20 - $30.50) A major demand zone where buyers previously stepped in. If the wedge breaks down, this is the most likely target for the decline. ? Stop Loss ($34.81) Placed just above the recent high and resistance zone to limit risk in case of an unexpected upside breakout. ? Target ($30.20) Measured move from the wedge breakdown projects a sharp decline toward the next strong support at $30.20. 3. Trade Execution Strategy ? Bearish Breakdown Scenario If the price breaks below the lower trendline (around $33.00), we expect a strong move downward. ? Short Entry: Below $33.00 (after confirmation) ? Target: $30.20 ❌ Stop Loss: $34.81 (above resistance) Confirmation Needed: ✅ Strong bearish candle close below support ✅ Increased volume during breakdown ✅ Retest of broken support turning into resistance ? Bullish Alternative (Invalidation) If price breaks and holds above $34.81, the bearish setup will be invalidated, and a breakout towards $36.00 - $37.00 could be expected. 4. Additional Considerations ? Fundamental Factors: Keep an eye on macroeconomic news, Fed decisions, and USD strength, as these impact Silver prices. ? Risk Management: Avoid overleveraging and use a proper risk-reward ratio (1:3 or higher). ? Market Sentiment: Watch volume trends and confirm breakout or fakeout before entering trades. Conclusion This chart presents a high-probability short trade setup based on the rising wedge breakdown. If the breakdown occurs, Silver could drop toward the $30.20 support zone. However, traders should wait for confirmation before entering to avoid fakeouts. Would you like me to refine this further for a TradingView post? ?