Price just formed an inverse head and shoulder pattern which indicates a bullish reversal. A buy opportunity is envisaged upon retracement to the broken neckline. Next target is 1.30091
OANDA:XAUUSD spiked to a record high on Monday as concerns about Trump's tax plans fueled safe-haven demand, and inflows into the world's largest gold ETF also provided further support. Although there have been adjustments as of the time this article was completed, this price decrease is insignificant, currently gold is trading around 2,940USD/oz, equivalent to a decrease of 0.41% on the day. OANDA:XAUUSD hit an intraday high of $2,956.29 an ounce on Monday, a record high and the 11th all-time high refresh this year. The US Dollar Index (Dxy) hit its lowest since December 10 last year in intraday trading on Monday, making gold cheaper for buyers using other currencies. Another positive news for gold was that the US 10-year Treasury yield fell 1 basis point to 4.443%. SPDR Gold Trust, the world's largest gold ETF, announced its gold holdings rose to 904.38 tons last Friday, the highest level since August 2023. Trump says tariffs on Canada and Mexico will be imposed on time US President Donald Trump said on Monday that comprehensive US tariffs on imports from Canada and Mexico will take effect as scheduled after a one-month reprieve ends next week. Trump signed an executive order on February 1 imposing a 25% tariff on imports from Mexico and Canada. However, on February 3, Trump announced that new tariffs would be postponed for 30 days as Mexican President Sheinbaum and Canadian Prime Minister Trudeau both pledged to increase border enforcement. According to Trump's announcement, tariffs on Canadian goods will be deferred for 30 days, while tariffs on Mexican imports will be deferred for one month. Markets generally believe that these tariff plans will cause inflation and potentially trigger a trade war, thereby increasing demand for safe-haven assets such as gold and silver. https://www.tradingview.com/chart/XAUUSD/lpTyrClI-Targeting-a-new-era-peak-risks-blanket-the-market/ Analysis of technical prospects for OANDA:XAUUSD Although on the daily chart, the RSI shows that the buying force is "exhausted" with price activity in the overbought area, the corrections that have occurred are not significant because the RSI has not yet gone below the 80 level with its steep slope. Looking at the technical chart, staying above $2,940 is a bullish factor and if gold continues to trade above the 0.382% Fibonacci extension it has a bullish outlook and a target then around $2,971 in the short term. The trend will still act as a short-term trend, even in case it breaks below, the main outlook for gold is still bullish with the price channel and EMA21 as main support. However, the market will not move in a straight line, so traders must always be ready for large downward corrections that can occur when RSI operates for a long time in the overbought area. In terms of trading, trades should be trend-based with support and resistance positions noted again as follows. Support: 2,922 – 2,915USD Resistance: 2,946 – 2,956 – 2,971USD SELL XAUUSD PRICE 2971 - 2969⚡️ ↠↠ Stoploss 2975 →Take Profit 1 2963 ↨ →Take Profit 2 2957 BUY XAUUSD PRICE 2909 - 2911⚡️ ↠↠ Stoploss 2905 →Take Profit 1 2917 ↨ →Take Profit 2 2923
ESCORTS watch above levels. redline is our SL. DISCLAIMER : I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only.
Pairs on Watch - FX:EURCAD FX:EURNZD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Price of usoil is currently in a range bound market condition as we see from the H4 timeframe. A rebound at the support level fosters the possibility of price trading bullish away from that zone . A buy opportunity is envisaged
Bitcoin continues to exhibit bearish patterns, and my next target for taking profits is set at 89,000. However, technical analysis indicates that 85,000 serves as a key support level. Stay updated and follow me for the latest developments on this trade. The analysis should unfold within a timeframe of 16 to 25 hours; if this does not happen, it will be considered invalid. It's important to keep a close watch on market movements during this period. Good luck
?Hi! Hola! Ola! Bonjour! Hallo! Marhaba!? Dear Money Makers & Robbers, ?????? Based on ?Thief Trading style technical and fundamental analysis?, here is our master plan to heist the XAU/USD "The Gold vs U.S Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry and short entry. ??Book Profits, Be wealthy and safe trade.??? Entry ? : "The loot's within reach! Wait for the breakout, then grab your share - whether you're a Bullish thief or a Bearish bandit!" Buy entry above 2960.00 Sell Entry below 2925.00 However, I recommended to place buy stop for bullish side and sell stop for bearish side. Stop Loss ?: -Thief SL placed at 2920.00 for Bullish Trade -Thief SL placed at 2955.00 for Bearish Trade Using the 30min period, the recent / swing low or high level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target ?: -Bullish Robbers TP 3030.00 (or) Escape Before the Target -Bearish Robbers TP 2880.00 (or) Escape Before the Target ??️Fundamental, Macro Economics, COT data, Sentimental Outlook: XAU/USD "The Gold vs U.S Dollar" Metal market is currently experiencing a Neutral trend (there is a higher chance for Bullishness)., driven by several key factors. ⭐Fundamental Analysis The current price of XAU/USD is 2940.00, indicating a strong bullish trend. The gold market is driven by various fundamental factors, including: Inflation concerns: Rising inflation expectations and a potential decline in the US dollar may boost gold prices. Interest rate policies: The US Federal Reserve's interest rate decisions may impact gold prices. Global economic uncertainty: Ongoing trade tensions, Brexit uncertainty, and geopolitical risks may drive safe-haven demand for gold. ⭐Macro Economics The global economic outlook is uncertain, with: Recession concerns: Weak economic data and trade tensions have raised concerns about a potential global recession. Central bank rate hikes: The US Federal Reserve and other central banks may continue to raise interest rates, impacting currency markets. Inflation expectations: Rising inflation expectations may boost gold prices. ⭐COT Data Commercial Traders: Net short 143,000 contracts (a decrease of 11,000 contracts from the previous week) Non-Commercial Traders: Net long 104,000 contracts (an increase of 8,000 contracts from the previous week) Non-Reportable Positions: Net long 39,000 contracts (an increase of 3,000 contracts from the previous week) Open Interest: 544,000 contracts (a decrease of 10,000 contracts from the previous week) ⭐Market Sentimental Analysis Market sentiment for XAU/USD is: Bullish: 62% of investors expect gold prices to rise, driven by inflation concerns and global economic uncertainty. Bearish: 21% of investors expect gold prices to fall, driven by potential US dollar strength and interest rate hikes. Neutral: 17% of investors remain neutral, awaiting further market developments. ⭐Intermarket Analysis The XAU/USD pair is highly correlated with: USD Index: A weaker US dollar may boost gold prices. 10-Year Treasury Yield: Lower yields may increase demand for gold. S&P 500: A decline in the S&P 500 may drive safe-haven demand for gold. ⭐News and Events Upcoming events that may impact the XAU/USD pair include: US Federal Reserve Interest Rate Decision: March 15, 2025 US GDP Growth Rate: March 25, 2025 US Inflation Rate: March 29, 2025 ⭐Seasonality Gold prices tend to be: Stronger during the winter months: Due to increased demand for jewelry and coins. Weaker during the summer months: Due to decreased demand for jewelry and coins. ⭐Positioning Analysis Traders are advised to: Consider long-term investments: As gold prices are expected to rise due to inflation concerns and global economic uncertainty. Monitor market volatility: As interest rate hikes and US dollar strength may impact gold prices. Diversify portfolios: By investing in other assets, such as currencies, stocks, or bonds. ⭐Next Trend Move The XAU/USD pair may experience a: Bullish move: Driven by inflation concerns and the US Federal Reserve's potential interest rate hikes. Bearish move: If the US dollar strengthens or global economic uncertainty increases. ⭐Overall Summary Outlook The XAU/USD pair is expected to experience volatility due to: Global economic uncertainty: Ongoing trade tensions, Brexit uncertainty, and geopolitical risks. Inflation concerns: Rising inflation expectations and a potential decline in the US dollar. Central bank rate hikes: The US Federal Reserve and other central banks may continue to raise interest rates. ⚠️Trading Alert : News Releases and Position Management ? ?️ ?? As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits ?Supporting our robbery plan will enable us to effortlessly make and steal money ?? Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.???❤️?? I'll see you soon with another heist plan, so stay tuned ?????
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
DELTACORP, watch above levels. redline is our SL. DISCLAIMER : I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only.
We are still not in the discount, don't even think about buying it yet. Short is the way for now. Thats where I will be looking for the CLS ranges to form. Hey Traders!! Feel free to share your thoughts, charts, and questions in the comments below—I'm about fostering constructive, positive discussions! ? What is CLS? CLS represents the "smart money" across all markets. It brings together the capital from the largest investment and central banks, boasting a daily volume of over 6.5 trillion. https://www.tradingview.com/x/aVeVgSeN/ ✅By understanding how CLS operates—its specific modes and timings—you gain a powerful edge with more precise entries and well-defined targets. https://www.tradingview.com/x/C4QY64nH/ ?️Follow me and take a closer look at Models 1 and 2. These models are key to unlocking the market's potential and can guide you toward smarter trading decisions. ?Remember, no strategy offers a 100%-win rate—trading is a journey of constant learning and improvement. While our approaches often yield strong profits, occasional setbacks are part of the process. Embrace every experience as an opportunity to refine your skills and grow. Wishing you continued success on your trading journey. May this educational post inspire you to become an even better trader! “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave Hunter ⚔