Guten Morgen, Gold konnte nun erneut ein neues ATH erreichen und befindet sich nun knapp unter dem Psychologischen Preisziel von $2.030. Gold hat sich gestern weiterhin lange seitwärts bewegt, bevor wir später als gewohnt Momentum fassen und auf ein neues ATH steigen konnten. Der Anstieg auf dieses neue Preisniveau (rund $2.025) war ausnahmsweise nicht sonderlich impulsiv und hat sich nachhaltig entlang der aktuellen 15min-Trendline (blaue Linie) bewegt, welche uns nun einen idealen Momentum-Indikator bietet. Nach oben hin ist das Momentum natürlich frei, orientiert sich aber stark an den psychologischen Niveaus, welche sich durch grade Zahlen wie beispielsweise $2.030 bilden, weshalb Long Positionen in solchen Situation einfach zu managen sind. Sollte es nun also so sein, dass Gold an Momentum verliert und in die signifikante unter uns liegende 15min-FVG fällt, ist unsere erste Priorität also erstmal ein Long Entry. Für diesen möchte ich eine Bestätigung der FVG (grüne Box) sowie der Trendline (Blaue Linie) sehen, indem wir am besten kurz unter diese fallen und dann doch wieder innerhalb dieser schließen. Sollten wir dann Widerstand von einer signifikanten 1min-FVG erhalten, markieren wir uns diese, warten auf deren Bruch und nutzen deren re-test als Long Entry. Sollte dieser Support Bereich aber gebrochen werden, suchen wir uns eine signifikante 1min-FVG im Bereich um das 0.5er Fib der (bis dahin) gebrochenen FVG und platzieren dort eine Limit Order für einen Short Entry. Dies sind aktuell die einzigen Punkte an welchen wir uns intern bei Gold orientieren können, ich bin aber zuversichtlich, dass wir etwas aus dieser Ausgangslage heraus zaubern können. Solltet ihr bereits fragen hierzu haben, stehe ich euch im ?・trading-chat sowie Voice-Talk zur Verfügung, den Chart findet ihr bei ?・charts. Ich wünsche euch viel Erfolg und melde mich schnellstmöglich mit dem nächsten Update!
The price has risen and entered a consolidation zone. The level of 149.015 serves as a rotational axis, providing support for further upward movement. However, before continuing its uptrend, the price is expected to undergo a correction. Following this correction, the price is anticipated to rise toward the 152.492 level. Nonetheless, if the price reverses and moves below the rotational axis at 149.015, the bullish scenario will be invalidated, shifting the market outlook to a bearish trend. Bullish target: 151.492, 153.299, 155.244. Bearish target: 149.015, 147.342, 146.404.
Last week, gold prices maintained a bullish trend as market sentiment remained influenced by concerns over Trump's tariffs and the slowdown in U.S. inflation. The uptrend was initially sparked by better-than-expected CPI and PPI figures announced on Wednesday and Thursday, which pushed prices past the descending resistance (1) and the previous high of 2956 (2). Gold surged to a record high of 3004 before stabilizing between 2982 and 2995 ahead of the weekend, ultimately closing the week at 2984. This week, continue to monitor market risk sentiment, especially regarding a potential ceasefire agreement between Russia and Ukraine. Additionally, the central banks of Japan, the United States, and the United Kingdom will hold meetings on interest rates. Pay close attention to the post-meeting statement on Wed., as the expectation remains for a high-interest-rate environment. S-T market adjustments may occur around that time. Although there were no major breakthroughs in tariff news last week, gold prices surged after breaking through the descending resistance (1) and the previous historical high (2). This triggered a wave of technical buying and stop-loss orders, driving prices higher. According to last week's gold futures trading data from the CME Group, the price rally on Tuesday, Wednesday, and Thursday was supported by strong trading volumes, with daily transactions exceeding 250k contracts. This indicated solid upward momentum. However, before the market closed for the weekend and on Monday, trading volume significantly declined, with the latest data showing only 160k contracts traded yesterday. Although gold has surpassed the 3,000 level, caution is needed as a price correction could occur at any time. 1-hour chart(above) > the uptrend shows no signs of slowing down, and after the Asian market breaks through 3000 on Tuesday, the strategy continues to buy dips. The reversal signal will be that gold prices will fall back below the key support level of 3000. https://www.tradingview.com/x/9aQUjBam/ Daily chart (above) > The support line(3) mentioned last week is still valid; and after breaking the previous high of 2956 (4), the uptrend has restarted on the daily chart. Referencing the previous uptrend(6), the tentative target can be set around 3140. As with the last uptrend, the 5MA will continue to be a buying opportunity after an S-T pullback, and the loss of the 10MA is a signal of a deeper correction.
Gold is currently in a strong bullish trend, and both technical and fundamental factors support further gains. Gold rose as expected yesterday, closing strongly at around 3000 at the end of the day, showing strong bullish power. The monthly and weekly levels show an obvious bullish trend, and the large cycle supports gold to continue to rise. Both the short-term 4-hour and daily lines show that bulls are dominant and bullish power is sufficient. Support area: The 3000-2985 range is the current sideways support area. As long as the price does not effectively fall below this area, the bullish trend remains unchanged. Resistance area: There is currently no obvious resistance above, and gold may continue to break upward. Buy strategy: Push back to buy: If the gold price pulls back to the 2990-2985 support area, you can try to buy, with the target above 3000 and the stop loss set below 2975. Directly buy: If the gold price does not pull back and goes up directly, you can follow up with long orders, with the target at 3050 or even higher, and the stop loss set below 2990.
Eur/Usd 18-Mar-2025 : Starting the year, Eur/Usd was expected to reach the parity point of 1/1. This was mainly supported by the US election results and tariffs policy which were expected to give strength to the US dollar against other currency pairs, in addition to the rate-cut expectations of the ECB. The lowest point for Eur/Usd for this yes was in mid-Jan where it reached slightly lower than 1.02. Currently with the depreciation of Usd due to the fear of recession, and the push in Eur supported by the German Fiscal policy which is expected to spend 500 billion on infra-structure and defense. Euro pair is trading at 1.09. The below possible scenarios could take place: • Breaking and retest above 1.095 could be the trigger to test the higher time-frame demand area at 1.12 • Breaking below 1.0925 could see a deeper pull-back to 1.08 • Breaking below 1.075 could lead to price retesting 1.063 Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
#FTX The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 1.23. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 1.29 First target: 1.37 Second target: 1.44 Third target: 1.52
The ETH/USDT pair continues to decline, approaching a key support level last tested in October 2023. Historically, similar price movements were observed in 2021, when the price dropped from the 4,300 level before rebounding from the 1,700 support zone, ultimately leading to new all-time highs. Currently, the price has broken above a downward trendline that had served as a resistance throughout the month. Looking ahead, the market may remain in a sideways phase over the coming weeks, with a potential upward push if buying pressure emerges from the support level. The next key target is the resistance zone around 2,190
Overall, OM is demonstrating relative strength compared to the broader market. After a strong rally, the price underwent a corrective phase, forming a falling wedge pattern. However, it has since broken through a key resistance level and is now attempting to consolidate above a major support zone. Despite overall market weakness, OM continues to show positive potential. From a technical perspective, this asset has garnered significant interest, reflected in its stronger performance relative to most of the market. Currently, a breakout from the falling wedge pattern—a consolidation structure within a correction—is unfolding. If buyers can sustain the price above the previously broken resistance level and maintain support above 6.752—an important base for a reversal pattern—further growth could continue in the short to mid-term. Key resistance levels: 7.39 – 7.98 Key support levels: 6.752 – 6.51 Notably, OM is one of the few assets maintaining an uptrend even as Bitcoin declines. Investors should focus on the critical support levels mentioned above, as well as the local resistance level at 7.05. A breakout above this level could further extend the ongoing uptrend.
Welcome back dearest reader! Today we will analyse another project called Orbs. Looking at their website the fundamentals look great! But other than that, the chart also looks fantastic! When looking at past performance its clear orbs has been in a massive flag formation since march 2021, it has broken out in october 2023 and has just now touched a very important support zone! Expecting upside momentum from here untill august. Target: 0.40$ Stoploss: 0.0145$
GBP JPY sitting at a huge breakout zone with BOJ Policy Rate later tonight. Probably nothing ? Are you long ?