Analysis Summary 1. Trend Analysis: • The Daily chart shows a strong uptrend, with price making higher highs and higher lows. • The 15-minute chart supports the uptrend with a series of pullbacks and continuations. • The 3-minute chart shows some volatility but confirms higher support levels. 2. Technical Indicators: • MACD (Daily): Strong bullish momentum. • RSI (Daily at 74.59): Overbought but not showing reversal signals. • Moving Averages: Price is riding above short-term MAs, indicating continued buying pressure. 3. Fundamental Analysis: • Gold is in a strong uptrend due to market uncertainty and demand for safe-haven assets. • U.S. economic data, interest rate outlook, and inflation trends remain supportive of gold’s rally. Trade Setup • Position: Long • Entry: $2860 (Buy on a slight dip) • Stop-Loss (SL): $2845 (Below recent support) • Take-Profit (TP): $2890 (Aligned with the trend and recent highs) • Risk-Reward Ratio: 2:1 Conclusion • Bias: Strongly bullish • Probability of success: High, as long as gold maintains momentum above $2850 • Risk: If price breaks below $2845, further downside correction is possible.
I couldn't help myself... as I'm watching the Super Bowl I seen a NASDAQ:TMUS commercial and felt it was only appropriate to look into the chart. I noticed a recent visit to the Current Resistance level and thought I'd better point this out to my fellow TradingView investors. As you can see I drew a caution W in yellow, as that is the route I see ahead us... please don't get me wrong, this stock has been on a long term Bullish Run and that will continue for quite some time. However, as you can see, once it reached it's Resistance level... it was followed by a significant pullback to Support, which currently sits at 230.66. With that being said, I am definitely interested in jumping into a short term Put and expect to take some profits on the way back down. The 225 Put expiring on 3/14 at a cost of .98 is very enticing! Again, as I've said before... I am not a financial guru and definitely not your financial advisor (yet) but I will share with you my claims regarding what price action I see. I'd suggest you complete your own Due Diligence and not jump into mine or anyone else's picks without diving into some analysis yourself. Last and definitely not least, to me, the most important part... Take Profits, Take Profits, Take Profits!!! I cannot stress that enough. Good luck on your trading journey ladies and gentlemen!
I think we will see a move further down based on: - Bearish Trend - OB hit before a move lower 27th Jan - Friday candle took buy side liquidity
#KOSSAN 10.2.2025 ep - 2.44 sl - 2.15 (11.9%) tp - 2.74 (12.3%) RRR - 1X
Certainly! Here's a description of a trading recommendation for gold, written in English: --- *Trading Recommendation: Potential Opportunity in Gold* Hello everyone, I’d like to share a trading recommendation I recently analyzed. This is purely a suggestion for consideration and is not mandatory in any way. I’m sharing this idea based on my personal analysis, but the final decision is always yours. *Asset Suggested:* Gold (XAU/USD). *Suggested Direction:* . *Suggested Entry Point:* . *Profit Targets:* . *Stop Loss:* . *Important Note:* This recommendation is solely my personal opinion and does not guarantee any success. Always conduct your own research and manage your risks carefully. Trading involves risks, and you may lose part or all of your invested capital. --- This format provides a clear and transparent way to present your recommendation while emphasizing that the decision is ultimately up to the individual. Let me know if you'd like help refining the details further!
qqq 526-528 resistance area above 528 calls below 526 puts
MEUSDT has been in an uptrend with support at 1.6500 being respected a few times. I think that as lomg as price stays above S1 price is still in a bullish price action
The outlook for CL (Crude Oil) in intraday trading is somewhat mixed, with a few bullish factors and technical indicators to consider. Recent analysis shows that while technical signals point to a bearish trend in the short term, there are elements suggesting potential price support. For instance, the strength of the crude crack spread has risen to a 5¾-month high, which could indicate positive momentum for crude prices. Additionally, the U.S. GDP growth is showing positive signs, potentially leading to an increase in oil demand. This economic growth could push prices higher, especially if the market responds favorably to these fundamentals. However, technical indicators, including moving averages, suggest a "Sell" position at the moment. Therefore, traders should monitor market developments closely, weighing both the technical signals and broader economic factors when considering intraday trading strategies for CL.
Don't stay in Bitcoin's short dream world, being exposed to long and massive dreams is reasonable to deal with throughout 2025!
? EUR/USD Forecast & Level Analysis EUR/USD has completed its support zone and formed a strong bullish candle, signaling a potential upside move toward its technical target of 1.0580. ? Key Levels to Watch Support Zone: 1.02100 (Confirmed as a strong base) First Resistance: 1.03880 Second Resistance: 1.04550 Technical Target: 1.05800 ? Market Outlook Bullish Confirmation: The breakout from support indicates potential further upside. Breakthrough Levels: A strong move above 1.03880 could push the price toward 1.04550 and beyond. Pullback Opportunities: If EUR/USD retests 1.02100, it could offer fresh buying opportunities before resuming its uptrend. ? Trading Plan: Look for buy entries above 1.02100, targeting 1.03880 and 1.05800. Stop-loss: Below 1.02100 to manage risk. Monitor price action at resistance zones for potential breakout confirmation.