Gold news: ?The US confirmed that the annualized Q4 Gross Domestic Product (GDP) grew by 2.3% in its second estimate. However, the quarterly Personal Consumption Expenditures (PCE) Prices were revised upwards to 2.4% from the initial 2.3%, while Core PCE Prices saw an even sharper increase to 2.7% from the previous 2.5%. ?Meanwhile, Initial Jobless Claims rose significantly to 242K in the week ending February 22, surpassing market expectations of 221K. Durable Goods Orders outperformed forecasts, rising 3.1% in January compared to the anticipated 2%. In contrast, Pending Home Sales dropped by 4.6% in the same month, a much steeper decline than the expected -1.3%. ?However, market fears were primarily driven by US President Donald Trump. After initially stating that tariffs on Canada and Mexico would begin in April, he later corrected himself, confirming they would take effect on March 4 as originally planned. Additionally, he announced a new 10% tariff on China starting the same day and revealed that reciprocal tariffs would be implemented on April 2. ?Looking ahead, the US is set to release the January PCE Price Index on Friday, which is the Federal Reserve’s preferred inflation measure. Projections suggest a 0.3% monthly increase and a 2.5% rise year-over-year. Personal opinion: ?Gold will continue to decline in the short term, starting to increase in March when Trump's tariff policies are about to take effect. However, there will be a price increase at the beginning of the Asian session and then a short-term downtrend. After RSI (1H) confirms signs of convergence and the (4H) frame enters the oversold zone Analysis: ?Based on important resistance - support zones and Fibonacci combined with EMA200 to come up with a reasonable strategy Plan ? Price Zone Setup: ?Buy Gold 2862 – 2860 (Asian and European scalping) ❌SL: 2855 | ✅TP: 2866– 2872 – 2880 ?Sell Gold 2889 – 2892 (Asian and European scalping) ❌SL: 2895 | ✅TP: 2875– 2870 – 2860 ?Sell Gold 2842 – 2840 ❌SL: 2977| ✅TP: 2965– 2960 – 2950 FM wishes you a successful trading day ???
MUTE this video asap holy moly I'm sorry for listening 2 my spotify discover weekly that is horrific I got a jump scare when it started to play back I am open to the idea of it being a shark or a crab but I do not think it is a gartley because it does not look at all like that man. Also if I had a different photo of a crab it might be more likely in fact if I had a crab that had caved in head it would be more likely. I will further research different crabs and sharks because they are the primary bull cases. Maybe I will discuss bear cases in the next 5 mins
NASDAQ:RIOT has achieved the cluster of anticipated Fib targets on its differing time frames. But the market selloff in last hour today, and exceeding the targets would suggest to analyzing the wave structure of the current decline in hourly frame as well. So as depicted on the chart below, with respect to the wave structure in a barrier triangle as the correction in wave (b) properly reveals a five-wave impulse on the following decline as wave (c) which now its 5th wave in a final decline would likely remain in the late stage. The final Fib target >> 8.08 #CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
This forecast is based on cyclical patterns that aim to identify potential price reversal TIMES only.
Yello, Paradisers! Is #QNTUSDT About to Break Out, or Will Bears Keep It Trapped? Let's check the latest setup of #Quant and see what might happen next: ?#QNT has been trapped inside this wedge for months, making lower highs and lower lows. #QNTUSD is showing signs of a potential breakout, but there’s one key resistance level above that could decide everything. ?Bulls need to break above $115, which has been a major rejection point. A clean breakout here could trigger a rally towards $140-$160, where the next strong resistance zone is waiting. The MACD is showing higher highs while price made lower lows, a classic bullish divergence. This signals that momentum is shifting in favor of buyers. ?Strong support is around $80-$85, where buyers have stepped in multiple times. Losing this level would lead to a drop to $61-$55, the next major support zone. The Bulls have defended both of these levels before, so they will probably do so this time, too. ?However, if the bears drag the price below the $55-$61 support level, the bullish setup will be invalidated. In such a case, the bears will drag the price to down levels further. Stay focused, patient, and disciplined, Paradisers? MyCryptoParadise iFeel the success?
Botcoin price dropped from 90k to 84k area as I expected. As you can see on the chart, we bounced perfectly from 1.272% Fibonacci level, but depending on the market, I expect another drop to 77k area which is 1.618% PRZ There are absolutely no bullish signs on BTC chart at the moment, so I advise you not to rush into the market
AUDUSD - Based on performance i had two players to trade this week , Japanese Yen for buy and U.S Dollar for sell. U.S Dollar proved me wrong and it had very good performance with some pairs. The most clear pair for buy U.S Dollar is AUDUSD, as we can see the price is on very strong demand zone if the price will reject this zone we can make profit between the zones.
How far do you think this apple will fall? Will it hit my targets? Market is on a free fall, is it just getting started for Apple? GL!
Meta reportedly plans to release a standalone app for its AI assistant, Meta AI, in a bid to better compete with AI-powered chatbots like OpenAI’s ChatGPT and Google’s Gemini. According to CNBC, Meta could launch a standalone Meta AI app as soon as the company’s next fiscal quarter (April-June). Meta AI is currently only available […] © 2024 TechCrunch. All rights reserved. For personal use only.
Zum Donnerstag musste unser Dax nun sogar vom Gaul abspringen, da wird es langsam schon richtig wacklig wieder. Guten Morgen :) Marken mit Wichtigkeit und hoher Reaktionsfreundlichkeit für heute und die nächsten Tage sind meiner Meinung nach: 22930, 22800, 22600, 22420, 22100, 21800, 21670, 21510, 21420, 21360, 21230, 21060, 20880, 20730, 20480, 20360, 20205, 20120 Chartlage: positiv Tendenz: aufwärts oberhalb von 22200, abwärts unterhalb von 22100 Grundstimmung: neutral Zum Donnerstag sollte unser durchaus mal wieder versuchen können etwas unten zu buddeln. Sollte er unter der 22580 rauskommen, sollte er probieren die 22520 / 22500 aber auch wieder 22424 und 22350 / 22320 anzusteuern. Vermieden würde er das nur bekommen, wenn er sich einfach über der 22580 weiter hält, sich wieder aufdreht und dann erneut auf die 22720 und 22800 los geht. So die Zusammenfassung von gestern. Zwar probierte unser Freund zunächst oben nochmal Land zu gewinnen, konnte sich dann aber mit einsetzendem US-Handel nicht mehr halten und gab ab bis runter zur 22360. Damit bleiben 22270 und 22180 auf der Liste offen. Drückt sich unser Dax also am Freitag weiter unter der 22400 in die Tiefe, wären unten eben dann noch 22270 und 22180 erreichbar. Fängt er sich dort dann nicht gehen auch wieder Chancen auf 22100 und tieferes auf. Da wir in der Abwärtsbewegung aber auf Stundenebene unheimlich korrektiv abgleiten, ganz anders auch als letzte Woche Mittwoch und Donnerstag, sollte man etwas Vorsichtig werden, wenn er wieder rüber 22550 ansteigt. Das würde dann nämlich die Abwärtssequenz unterbrechen und nochmal Raum zur 22720, 22800 und auch 22930 öffnen. Die Scheine bleiben gleich. Für Aufwärtsstrecken der GJ938A KO 20000 sowie PG70KW KO 18600 und für Abwärtsstrecken der MG510S KO 23920. Fazit: Nachdem wir zum Donnerstag schon auf 22360 abglitten, wären zum Freitag nun noch 22270 und 22180 abzuarbeiten, sollte er weiter unter der 22400 abwärts arbeiten. Bekommt er bei 22180 dann nicht den Popo schlagartig wieder hoch, wären sonst auch 22100 und 22000 noch drin. Aber Vorsicht, so korrektiv wie unser Dax auf Stundenebene fällt, wäre er oberhalb von 22550 sehr anfällig wieder hoch zur 22720, 22800 und 22930 zu treiben.