Gold prices edged lower on Tuesday after U.S. President Donald Trump eased concerns by saying not all of his proposed tariffs would take effect on April 2, while a Federal Reserve official signaled caution about rate cuts this year. Atlanta Federal Reserve President Raphael Bostic said he expects inflation to slow in the coming months and as a result, the Fed is now only on track to cut its benchmark interest rate by a quarter of a percentage point by the end of the year. Bostic predicts the Fed will cut rates twice this year, in line with his peers' meeting last week, where the median forecast showed two 0.25 percentage point rate cuts by 2025. XAUUSD trading strategy around the price zone: SELL XAUUSD around 3028-3030 Stoploss: 3035 Take Profit 1: 3023 Take Profit 2: 3018 Take Profit 3: 3013 BUY XAUUSD around 2998-3000 Stoploss: 2995 Take Profit 1: 3005 Take Profit 2: 3010 Take Profit 3: 3016 Note: Always set Stoploss in all cases to be safe
Sol/USDT is showing an uptrend on one hour time frame with no divergence as yet. The entry point, SL and TP1 are given on the chart for taking trades .
Gold has risen too much before. There have been technical adjustments in the past two days. The general trend is still bullish, but we are just a short-term trader and we need to follow it. Yesterday, we just lost 3033 in the 3025 short position we arranged. In the evening, we went short again at 3031. Judging from the current performance, the market is in line with our expectations. Today's short-term continues to fluctuate. Note that the weekly buying and selling watershed is 2982, which is also the starting point of last week. The daily line has begun to attack downward. Is it the time to sell or just adjusted to continue to rise? Pay attention to two positions in the future. One is the low point of this wave, 2998, and the other is 2982. If these two positions cannot stop the decline, we will consider the adjustment of the big short position. Today's idea is to consider the opportunity to sell on the rebound. The K-line pattern begins to decline. Today, we will focus on the suppression of 3025 and 3018. The K-line pattern forms a triangle to be broken. If the Asian session rebounds, consider selling it first. If the Asian session breaks the position of 2998, you can continue to sell it when it rebounds. The bottom of gold fluctuations is also at this position. If it breaks, it will be around 2982. Suppression 3025 and 3018, strong pressure 3033, the strength and weakness watershed of the market is 3018. Operation suggestion Gold----Sell near 3025, target 3000-2982
I’m keeping an eye on silver, there’s a good chance it could climb back to the $40. In my opinion, silver usually trails gold by a step or two, but it tends to follow the same overall trend. On the 3-month chart, the RSI is around 66, which is a known resistance level. If it breaks through soon, we might see a strong upward move.
Good Day, Traders! The Stock DIB at #DFM bounced twice from Golden Ratio of Fibonacci Retracement after providing dividend. This makes the golden ratio a respectable support. The stock is expected to rise from here with few corrections. We may have a profit taking opportunity. Good volumes further enforces this idea. The trade maybe taken now if not taken earlier. Below is a trade plan: Trade Plan: Buy: 7.00 Stop Loss: 6.42 Take Profits: 7.68 & 7.92 Happy Trading! Follow me on X: https://x.com/adil271
Bitcoin traders should be alert to the risk of renewed downside with the price forming a rising wedge pattern that often signals weakness ahead. While it's holding for now, the narrowing range suggests price momentum is fading, increasing the risk of a breakdown. If the signal proves accurate, traders could establish shorts beneath wedge support with a stop above for protection. The obvious target would be the key 200DMA where the price bounced strongly from on March 11. RSI (14) and MACD are both grinding higher, reinforcing the need to see a bearish price signal first before considering the trade. Good luck! DS
Trade Setup Rationale Entry Point: 149.500 Likely triggered by a bullish breakout above a descending trend line (resistance). Entry might be near the breakout level, assuming the price retests the trend line (now support). Example: If the breakout occurs around 150.00, a pullback to the 150.00-151.00 zone could serve as the entry point. Take Profit (TP) Targets TP1: 152.60 (near prior resistance or a measured move). TP2: 154.80 (extension of the bullish momentum, possibly a multi-month high). Stop Loss (SL) 148.25 (placed below the trend line/swing low to protect against false breakouts). Risk-Reward Considerations Scenario: Entry at 150.00, SL at 148.25 (175 pips risk). TP1 (152.60): +260 pips (1:1.5 risk-reward). TP2 (154.80): +480 pips (1:2.7 risk-reward). Note: Wider stops may suit swing traders, but ensure alignment with your strategy. Key Factors to Validate Trend Confirmation: Confirm bullish momentum with indicators (e.g., RSI > 50, MACD crossover). Fundamentals: Monitor BoJ intervention risks or Fed policy shifts impacting USD/JPY. Price Action: Watch for a clean breakout with volume.
i drew this support like a week or 2 ago and its respected, price will retest 104.500 then shoot up, in summary this isn't a long term trade but just a quick money grab.
Looking like a wedging being built up: Entry at green line for a first TP at the top of the wedge.
⭐️GOLDEN INFORMATION: Gold price (XAU/USD) faces difficulty in securing strong momentum during Tuesday’s Asian session but remains above the key $3,000 level amid mixed market signals. The US Dollar (USD) sustains its recovery from a multi-month low, hovering near Monday’s three-week high. Additionally, improved risk sentiment—fueled by optimism surrounding a potential Russia-Ukraine peace deal, less disruptive US trade tariffs, and China’s stimulus measures—dampens demand for the safe-haven metal. ⭐️Personal comments NOVA: Selling pressure from bears continues to cause gold prices to fall and sideways around 3000 ⭐️SET UP GOLD PRICE: ?SELL GOLD zone: $3038 - $3040 SL $3045 TP1: $3030 TP2: $3020 TP3: $3010 ?BUY GOLD zone: $2992 - $2994 SL $2987 TP1: $3000 TP2: $3008 TP3: $3018 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account