BABA rallied heavily during last Trump's term and it declined in Biden's and it started rallying after Trump is back. Is it really a coincidence? or is it something with Tariffs?
literally a year ago on Feb 2024 I posted a beautiful chart that we nailed precisely. Coincidence we meet again one year later? I hope yieahhhh Strong confluences 1. 50% fib retracement 2. mid line on the parallel channel dating to stone age 3. RSI on weekly at 50 4. RSI on daily closed right at 30 Gamma exposure is heavy into the negative side - reason of the big selloffs vs other names that buy the dips - making this risky but I will stop right there, I only know how to draw lines. IMO if this support doesn't hold, we might see 246 uff. Yieaahhh
GOLD 4H Chart Analysis – 12th Feb 2025 Dear Traders, Here’s the latest update on our 4H chart. It’s been a productive week! If you reviewed our previous chart on the 11th of February, today’s analysis should help guide your trading plan for the week. Chart Color Codes: * Red boxes (right): Support levels labeled as GOLDTURN LEVELS. A small red circle marks activation after short reversals. * White GOLDTURN LEVELS (top): Not yet activated. * Green boxes on the top(left): New Take Profit Targets. * Green boxes with red outlines: Achieved targets. * Grey button: Entry point from the 11th of February. Review of Previous Chart: Entry Level: 2814 Take Profit 1: 2850.15 ✅ (Hit) Take Profit 2: 2876.95 ✅ (Hit) Take Profit 3: 2903.76 ✅ (Hit) Take Profit 4: 2925.85 ✅ (Hit) We observed three reversals of 20–40 pips, highlighted with red circles. New Take Profit Levels Added: TP5, TP6, TP7, and TP8 Key Focus Areas: Identify Key Levels, Resistance, Support, and watch EMA5 closely. EMA5 behavior will determine the next price direction. Key Levels: Key Level: 2900 Resistance Levels: 2925, 2952, 2984, 3017, 3052 Support Levels: 2876, 2852, 2828, 2803, 2776, 2747 EMA5 Status: Current EMA5: 2898.14 Bullish Targets EMA5 cross and hold above 2900, will open the following bullish target 2925 again EMA5 cross and lock Above 2925, will open the following bullish target 2952 EMA5 cross and lock Above 2952, will open the following bullish target 2984 EMA5 cross and lock Above 2984, will open the following bullish target 3017 EMA5 cross and lock Above 3017, will open the following bullish target 3052 Bearish Targets EMA5 hold and cross Below 2900: will open the following bearish target 2876 EMA5 cross and lock Below 2876: will open the following bearish target 2852 EMA5 cross and lock Below 2852: will open the following bearish target 2828 EMA5 cross and lock Below 2828: will open the following bearish target 2803(Retracement Range) EMA5 cross and lock Below 2803: will open the following bearish target 2747 (Swing Range) Trading Plan: * Stay bullish and buy pullbacks from key levels. * Avoid chasing tops—focus on buying dips. * Use smaller timeframes for entries at Goldturn levels. * Aim for 30–40 pips per trade for optimal risk management. * Each level can yield 20–40+ pips reversals. Trade with confidence and discipline. Stay tuned for our daily updates! Please support us with likes, comments, and follows to keep these insights coming. ?? The Quantum Trading Mastery
INTRADAY ENTRY: Watch the video for better understanding LONG TERM ENTRY: Enter at 1.037, SL at low of Morning Star(Red inverted Hammer) and keep on trailing your profit.
Gold Market Update: ?On Tuesday, the key market event was Federal Reserve Chair Jerome Powell's testimony to Congress, which was less hawkish than expected and could weaken the U.S. dollar. ?Powell reaffirmed that no immediate policy changes are planned, maintaining the Fed’s 2% core inflation target. While he acknowledged that inflation remains elevated, he emphasized a patient approach to monetary adjustments. ?With Powell taking a neutral stance on interest rates and trade policy, the Fed is expected to keep rates steady at 4.25%-4.50% in March. ?Meanwhile, the U.S. 10-year Treasury yield remained firm at 4.55%, continuing its rebound from last week’s yearly low of 4.40%. Additionally, the Fed's sentiment indicator on the daily chart suggests a slight softening in the central bank’s previously hawkish stance. Technical Analysis: ?Using the RSI (1H) indicator in combination with trend lines and key resistance-support levels. Personal Outlook: ?The DXY index and U.S. 10-year bond yield are seeing slight gains, which could put downward pressure on gold prices. With Powell’s neutral stance, gold may experience a short-term decline after recently hitting all-time highs. Investors are also monitoring potential developments in Trump’s tariff policies and the ongoing Gaza conflict to adjust their strategies accordingly. Plan: ? Price Zone Setup: ?Sell Gold 2905 -2907 ❌SL: 2912 | ✅TP: 2900 - 2995 – 2987 ?Buy Gold 2869 -2871 ( Asian session) ❌SL: 2864 | ✅TP: 2875 - 2880 – 2890 ?Buy Gold 2833 -2835 ❌SL: 2827 | ✅TP: 2840 - 2850 – 2860
Market Structure: Break of Structure (BOS): Indicates prior bearish momentum. Change of Character (ChoCH): Signals a potential trend reversal to bullish. Demand Zone (Highlighted in Blue at ~187.500): Price reacted strongly, causing an impulsive move up. Supply Zone (Highlighted in Red at ~191.500): A previous resistance level where price might slow down or reverse. Current Price Action: Strong bullish momentum from the demand zone (~187.500). Price is approaching the supply zone (~191.500), which could act as resistance. If price rejects the supply zone, a short opportunity may arise. If price breaks above the supply zone with strong momentum, a pullback and retest could offer a buy entry. Trade Setup Idea: ? Sell Setup (If Rejection at 191.500) Entry: Near 191.500 resistance Stop-Loss: Above 192.000 Take-Profit: 189.500 (previous minor support) ? Buy Setup (If Break & Retest Above 191.500) Entry: After a pullback and confirmation above 191.500 Stop-Loss: Below 190.800 Take-Profit: 193.500
Hey Guys, speed resistance fan is amazing tool. Drawn from bottom Pivot low to hh .. Act as support. Levels 0.618 and mostly 7.5 Drawn from tom HH to bottom (any low - have a play) for resistance. Trust your levels and play with Fibs and Speed Resistance Fan is a great fib tool. Chin up :) Support here on Fib 0,382 .. dont feel down if you're feeling down. Keep getting up and learning from your mistakes.
Market Structure: Break of Structure (BOS) at 2.03 – Previous bullish momentum. Change of Character (ChoCH) near 1.96 – Price found support, signaling possible reversal. Supply Zone (Resistance): 1.995 - 2.00 Demand Zone (Support): 1.96 - 1.965 Trade Setups: Buy (Long) Setup ? ✅ Entry: Above 1.975 (if price breaks current minor resistance) ? Target 1: 1.995 ? Target 2: 2.00 ? Stop Loss: 1.965 Sell (Short) Setup ? ✅ Entry: Below 1.965 (if price breaks demand zone) ? Target 1: 1.95 ? Target 2: 1.94 ? Stop Loss: 1.975 Confirmation Needed: Look for strong bullish candles above 1.975 before buying. A clean break below 1.965 confirms selling pressure. Avoid entering in the middle of the range; wait for a breakout or rejection.
Recapping my Asia session trades from yesterday and today. Yesterday's trade on EURAUD was my bread-and-butter trend retracement setup. Today's trade on AUDJPY was a False Breakout on the Weekly.
Things that I like - Cup and handle is well formed from the past 11 months - Decreasing volume/ consolidation before a breakout - Price action sticks to the daily 10 SMA quite a lot, and now its acting as a support - Fits the AI narrative. Could we rocketship like PLTR? Things that I don't like - 200SMA weekly overhead resistance.