With the rest of the market up and down there are a few places we can look that are providing strength. Utilities, particularly water and mining (especially silver). PSLV doesn't actually mine but they do hold and store physical silver. We have our normal touch of the Keltner channel with return to the 20 ema. A failed momentum push to the downside followed by a bull bar as an inside bar. I think buying above it may prove to be profitable.
Tesla is in a 2nd wave Extended Flat correction heading to $50 to $84. Once this plays out, then BOOOM - $600 to $700 Tesla sometime in mid 2026
Dear traders, EURUSD is consolidating within 1.05 and 1.02, now it is time for a selling position with a RRR around 1.5. Best
When gold reached the Fibonacci range of 1.618, I believed that it would fall, and it did, and now it is necessary to predict how much the price will continue to fall. I think it will decline to 50% of the rise from 2584
Daily live trade with XAUUSD in 15m/30m/1h 20250227
On AUDCHF we are bullish for our next setup. Currently we are waiting for price to push till our areas of interest, where we will be looking to take long positions on this particular pair. Follow for more updates.
As you can see on NVDA we have a great buying opportunity according to the chart setup.
Price hit a low, formed an inverse head and shoulders pattern, broke out and retested the neckline and a morning star candlestick pattern.
NASDAQ:MSFT NYSE:SNOW — Microsoft is like a snail in this AI/ Tech race but I suppose that shows strength because no major drops and holding zones well. Bottoms after bottoms. I’m looking for short term calls here. As of today, ending week 2/28, I may try $405c. But can see this retest the $420s weeks to come. WallStreetLoser
Gold has recently formed a head and shoulders top reversal pattern at a high level, and successfully formed a reversal and decline. The market's upward momentum began to weaken and continued to fall, currently testing the bottom support of the range. Neckline and support level: The key support area is located at $2,880. This support line can also be regarded as a neckline, and breaking this support level will further confirm the downward trend of the market. At present, the price of gold has fallen below this support line, which means that the price may continue to fall, and the target may be close to the $2,860 line. Downward channel: As can be seen from the figure, the price of gold is in a downward channel. This shows that the price is forming a downward trend. After breaking the lower track of the channel, the price may continue to fall. Short-term goal: If the price of gold continues to fall, it may test the support level of $2,880 in the short term. If it fails, it may fall further to $2,860. In the process of price decline, investors should pay close attention to possible rebound opportunities. If the price rebounds to $2,920 or $2,950, these areas may become resistance levels. In summary, the gold market presents obvious downside risks, and investors should be wary of the possibility of further price declines. It is necessary to pay attention to the breakthrough of the $2,880 support level. If the support is broken, the gold price may fall further.