The HK50 has put in a sell signal now. 1) There is a pattern to sell as seen on the charts 2) H1 divergence present. 3) Previous day's high was rejected. The best place to short is 21630 so hope to see it reach this level. Else we will skip this trade.
Gold has now broken through the 2900 mark and reached 2930 and continues to show a strong upward trend. The key question today is: Can the rise continue, or will there be a short-term correction? Trend analysis 1. Technical aspects: • If gold breaks through $2950, it may further hit the $2980-3000 mark. • If it encounters resistance at a high level, it may short-term pullback to the $2900-2920 area. 2. Market sentiment: • Safe-haven funds continue to flow in, driving gold prices up rapidly. • If there is profit-taking in the market, it may lead to short-term fluctuations. 3. Dollar and interest rate factors: • If the dollar continues to weaken, gold will remain strong. • If U.S. bond yields rebound, gold may face certain pressure. Trading strategy • Aggressive long: If gold breaks through $2,950, you can follow the trend, with a target of $2,980-3,000 and a stop loss of $2,930. • Short on rallies: If gold encounters resistance and falls back at $2,950, you can consider shorting with a light position, with a target of $2,900 and a stop loss of $2,965. • Buy on pullback: If the gold price falls back to $2,900-2,920, you can consider placing long orders at a low level, with a target of $2,950-2,980. Summary Gold is still in a strong upward trend. If it breaks through $2,950, the short-term target will be $3,000. However, we need to be wary of high-level fluctuations, and the possibility of a short-term pullback to $2,900-2,920 still exists.
In GBPJPY currency pair we're looking and expecting further bearish move continuation. Let's see what happen and which opportunity market will give us. Time Frame: 4H Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. #GBPJPY 4H Technical Analyze Expected Move.
this one got dumped hard by insiders and the coinbase mafia.. i dont think coinbase allows their project to die .. should be an exit scam pump to $15-25 soon.. nfa if trendline breaks. i will exit.
Over the long term, cycles are evident and it's quite possible that we are starting a long term move favoring Gold over SPX. A weakening dollar might be the catalyst going forward. The ratio could drop another 25%. Personal positioning: Long GLD Short SPY
Dear traders, a new day has begun. Yesterday, gold continued to rise and broke through 2900. My previous post mentioned that it would continue to break through 2900, 2920, and 2930 this week. These goals have now been achieved. Yesterday, gold soared all the way, and fell back around 2900, but it never fell below 2900. After that, it continued to rise and has now risen to 2930. I predict that it will continue to rise to 2950, but it will still fall back in the middle. For friends who want to make a profit, I suggest buying decisively when it falls back to 2900-2910, and selling at 2930-2940 to make a profit. Resistance: 2930 tp: 2940-2950
The comparison between Micro Gold Futures (MGC1!) and Ethereum (ETHUSDT) on the weekly timeframe suggests that Ethereum could be mirroring gold’s price structure before its parabolic breakout. Key Similarities Between Gold & Ethereum: Impulse Leg Formation ? Both assets formed a strong impulse leg after a significant low. The Ethereum impulse leg started from the ~$1,530 low, pushing toward ~$4,000 before retracing into accumulation. Gold followed a similar pattern, forming a strong rally before consolidation. Accumulation Range Both charts show a clear accumulation phase after the impulse leg. Gold accumulated sideways for an extended period before exploding to the upside. Ethereum is currently within its accumulation range, suggesting that it could be preparing for a similar breakout. This is a shakeout phase designed to trap weak hands before the real move. Standard Deviation Extensions (STDVN) & Key Levels ? Both charts use standard deviation extensions (STDVN) to project potential short-term targets. 0.5 STDVN & 1 STDVN levels are crucial areas where price could react. Gold blasted through these levels after breaking out of accumulation. If Ethereum follows suit, 5,288 (0.5 STDVN) and 6,605 (1 STDVN) could be in play. Previous Highs Acting as Support/Resistance Gold broke past its old high, retested, and surged. Ethereum is still hovering below its previous major high (~4,800). If Ethereum flips this level into support, it could send price into price discovery mode. What This Means for Ethereum ? Gold already showed the path—Ethereum is lagging but setting up similarly. Volatility is part of the process—shakeouts happen before the breakout. Holding ETH through this phase could be crucial if history repeats itself. A breakout beyond the accumulation range could send ETH towards $5,200 - $6,600+ in the short term. Beyond 1 STDVN, ETH enters uncharted territory—an all-time high breakout could be explosive. Final Thoughts from Lord MEDZ ? Not financial advice, but I’m holding ETH through the chop. The last shakeout before an all-time high run is often the toughest. But the chart comparison is clear: Gold did it first. Ethereum could be next. ? Patience. Conviction. Execution. ?
Reentering Estee Lauder at $67.33 due to the persistence of the Director, Paul Fribourg, buying around $33,000,000 worth of shares between $63-$66 (even after the earnings debacle). While the company had a horrendous outlook for FY2025, the bad news may be already priced in (i.e. cutting 7,000 jobs, weak sales, etc.). A "profit recovery and growth plan" is underway, so buckle up for the high risk of further declines in stock price in the near-term. Personally, a buy and hold at $67.33 with the primary thesis being global expansion (recovering Chinese market) or potential buyout into 2027. Targets $80.00 $86.00
Bull market in metals underway. Wave 1 was 2020 to 2021/2. Wave 2 was 2022-2025 I think wave 3 has started which should be at minimum a move to the all time highs. +610%. Do you really want to be in tech right now? Or be sensible and pick a market very likely starting wave 3 of a bull market.
TESLA has not participated in any buying in the larger market. But it's fallen consistently. I see a channel forming from the range in 2024. Also a falling wedge pattern developing on the 1HR. This is falling towards a semi weak support zone with a 15 min reverse H&S. Although it's below the 0.5 fib level, my view is that downside is limited and can react at this level.