Hello everyone, today I'm ready to provide you with Gold analytics. Not long ago, the price surged into the support zone before correcting back down to the trend line. Following that, it reversed and began rising in a wedge formation, finally hitting the support level, breaking through it, and continuing higher. Later, gold rose into the resistance zone, but it quickly corrected back to the trend line. However, it quickly recovered and returned to the resistance level. Following another drop to the trend line, the price resumed its upward trend. Gold quickly approached the resistance level and consolidated beneath it for some time before breaking through and touching the wedge's resistance line. Following this fluctuation, the price reversed and began to decline. It attempted to recover, but is now trading below the resistance level. From my perspective, XAUUSD is expected to retest the resistance zone before reversing and dropping back to the trend line, which also serves as the wedge's support. Given this view, I've set a goal of 2915, which is close to the trend line. : ? XAU/USD – Rising Wedge Formation! Key Breakdown Incoming? ? ? Gold Spot (XAU/USD) - 1H Chart Analysis ? Key Observations: ? Ascending Trend Line is acting as strong dynamic support. ? Resistance Zone at the top of the wedge is holding price down. ? Support Zone has been tested multiple times, showing buying pressure. ? Price is currently at the upper boundary of the wedge—possible rejection? ? Potential Trade Setups: ? Bearish Scenario: If price rejects from the resistance zone, a drop toward $2,915 is likely. A break below $2,915 could trigger further downside toward $2,880 support. ? Bullish Scenario: A clear breakout above resistance and trend line invalidates the wedge. If price closes above $2,950, it may rally toward $2,970 - $2,980. ? Key Levels to Watch: ✅ Resistance: $2,950 - $2,960 ✅ Support: $2,915 - $2,880 ? What’s your bias? Breakout or Breakdown? Drop your thoughts below! ?? #gold #xauusd #forex #trading #priceaction #technicalanalysis
Todays patterns are mimicking similar paterns back in January and if this persist we cound be looking at another 20% or greater downside for a nice oportunity to buy in the low $2 zone
OANDA:XAUUSD Technical Analysis Summary The gold chart on the 4-hour time frame reveals a crucial price range between $2940 and $2945. Above this range, a strong supply zone is identified between $2952 and $2960, where sellers are expected to intervene. Conversely, a strong demand zone with an Imbalance of Fair Value Gap (IFVG) is present between $2920 and $2910, indicating a potential buying opportunity. Trade Idea The trade idea is to capitalize on a potential breakout above the strong supply zone. A buy signal will be triggered if the price breaks above $2960 with a strong bullish candle, followed by a retest of the zone. This retest is crucial, as it confirms the breakout and increases the likelihood of a successful trade. On the other hand, if the price shows rejection at the strong supply zone and begins to move downward, a sell signal will be triggered. This rejection indicates that the sellers are still in control, and the price is likely to move lower. Trade Setup The trade setup involves: - A buy entry above $2960, with a stop loss below $2940 to manage risk. - A take profit target between $2980 and $3000, where the price is likely to encounter resistance. - A sell entry on rejection at the strong supply zone, with a stop loss above $2960. - A take profit target between $2920 and $2910, where the price is likely to find support. This trade idea offers a high-risk, high-reward opportunity. It's essential to manage risk and adjust the trade setup according to individual risk tolerance.
Oil ,Just buy to that zone thank me later,Oil is oversold or price is wayyyyyyy to lowwww so buying to the next zone makes sense ,you can even hold it up to the 77 price range
This GBP/JPY 1-hour chart presents a bullish trade setup, suggesting an upward move. Here's the analysis: Key Observations: 1. Support Zone: Price has bounced from a strong support level near 188.432 - 189.081, indicating potential buying interest. 2. Bullish Projection: The black arrow suggests an expected rise toward the 191.041 - 191.086 resistance zone. 3. Risk-Reward Setup: Entry: Near 189.110 Take Profit (TP): Around 191.086 Stop Loss (SL): Below 188.432, ensuring risk management. 4. Market Structure: A higher low formation suggests a shift to bullish momentum. Trade Idea: A long (buy) position is expected to reach 191.086, provided price holds above support. A break below 188.432 may invalidate this setup. Would you like a caption or additional details for your post?
The chart posted is the WORLD INDEX and THE BEST CASE and I mean BEST CASE . has formed what some would call a cup n handle and we are now ending the Handle . So There you go the Very BEST bull market For The WORLD Time is running OUT on LONG and I.T. cycles And I mean running OUT . Deflation cycles are starting to show up and one by one bubble and Pop the Liquidity cycle is drying up and declines deep into OCT 2026 so all are WARNED THE CENTRAL BANKS AND GOV ARE NOT COMING UNTIL OCT 20th 2026
There is no doubt that the price of gold at $2960 has become a crucial level for determining whether it can reach $3000. However, in my opinion, if the international situation remains stable, a decline in the price of gold is still inevitable. Therefore, waiting for the price to rise to the key level and then short selling remains the safest strategy. If your account is currently facing losses or you're trapped in a position, perhaps you need accurate analysis to help you out. Click on the link below this article to get the support you need!
BLS International services has formed a bearish wolfe wave pattern om weekly time frame. With this pattern it has potential to reach up to 200 on Fib support with following targets; Target1: 320 Tagrte2: 265 Target3: 265 Being bearish wolfe wave it can also touch 105 in a worst situation. SL: 395 to 400 on a week candle close.
This week, the XAUUSD market was consolidating rather than trending, with momentum primarily seen on Tuesday. Despite this, the weekly candle closed bullish, making it the eighth consecutive bullish weekly candle. On the daily timescale, the last three candles are doji candles, indicating consolidation near the previous week's high level. This shows that the overall bullish trend has at least temporarily paused. The price closed below the previous week's low, a trend that continued this week. Despite this, we have reached an all-time high, and the price action appears to be building a head and shoulders pattern on the 1-hour timescale. This pattern, however, might easily change into a bullish flag pattern if the price reaches 2950. Given these variables, I predict the market may surge upward one more time before undergoing a significant drop. If the market responds positively to the psychological level and upward trendline, there is a good likelihood the upward momentum will continue. The price has completely corresponded with my earlier forecast from Friday, as the market moved higher early this morning. Today could produce another doji candle on the daily period. Meanwhile, on the 1H timeframe, the price is forming a bullish flag pattern, indicating an upside breakout. I believe the price will continue to range before rising into the resistance zone. However, if the market does come back, there is a strong confluence zone below that provides an excellent opportunity to go long: the psychological level, the ascending trendline, and the prior weekly low area. My target is a resistance zone about 2977.
Baddy dears friends ?? (TURMPUSDT) trading signals technical analysis satup?? I think now (TURMPUSDT) ready for( BUY )trade ( TURMPUSDT) BUY zone ( TRADE SATUP) ?? ENTRY POINT (14.900) to (14.800) ? FIRST TP (15.200)? 2ND TARGET (15.500)? LAST TARGET (15.800) ? STOP LOOS (14.350)❌ Tachincal analysis satup Fallow risk management