Trade Idea for XAUUSD Bias: Short Position Technical Analysis: 1. Daily Chart: • XAUUSD is in an extended uptrend and nearing overbought conditions with RSI at 74.98, signaling a possible pullback. • MACD is still bullish but reaching a peak. • A rejection near 2865-2875 suggests a strong resistance zone. 2. 15-Min Chart: • Recent momentum is slowing down. • RSI is at 47.65, indicating a neutral zone, with possible room for a move downward. • MACD is weakly bullish but not showing strong continuation. 3. 3-Min Chart: • Clear lower highs forming. • RSI is at 40.51, approaching bearish territory. • MACD is negative, showing short-term selling pressure. Fundamental Analysis: • Gold has rallied significantly, but a correction is likely as traders take profits. • US Dollar Strength: If any upcoming economic data favors USD, gold may decline. • Interest Rate Expectations: No immediate dovish signals, keeping gold under pressure at highs. Trade Setup (Short XAUUSD) • Entry: 2865 • Stop Loss (SL): 2875 (10 pips above key resistance) • Take Profit (TP): 2845 (2:1 RRR) Rationale: • Selling into resistance at 2865 where price action shows exhaustion. • Stop placed above the last major swing high. • Targeting a retracement to 2845, a logical support level based on price action and short-term trends.
https://www.tradingview.com/x/tFDWQIkk/ My dear friends, My technical analysis for EURAUD is below: The market is trading on 1.6541 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.6651 Recommended Stop Loss - 1.6507 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
I'm a firm believer in Cardano and I will keep stacking it up for my retirement... but this cycle is over folks. I don't like fractals but the results of overlaying DASH onto ADA's chart speak for themselves. The similarities these two share are kind of mind blowing. Two ingenious, open, freedom preserving projects who have robust and loyal communities end up getting beat out by venture capitalists. Fight the good fight guys, use your voice, your wallet, and your vote to make Cardano the best it can be. Work together to solve problems and avoid the drama. Cardano will absolutely conquer next cycle.
Showing the verification of the fundamentals with technical support. Where my thoughts are on the NG market for the rest of the week. Keep it Burning!
2/6/25 :: VROCKSTAR :: NASDAQ:SWKS Premkt $63, why not swing long - did a (private) review of the semis names i've tracked over the years in early Jan to get a start on the year... and NASDAQ:SWKS was a pass - that being said, 10% fcf yield *seems* to be the place where markets trade stocks (at least in today's tape) WITH growth/and or terminal value issues, more the thumb than the rule and definitely not the rule of thumb (which is interesting and a bit odd if you've ever looked into that... i digress) - swinging this only - with such a dramatic move, vol at open could be huge but i think i probably lose 5% at most near $63 and perhaps the upside should be back toward -20% so it's a 2-1 look for me more or less. - small position. licking wounds at the moment but still net net a good YTD performance (though we always measure ourselves from the high water mark). NASDAQ:PI is going to murder me today - i'll probably blow out of that and just wait out the storm without the distraction on my PnL... again digress. whatchu think anon? V
Microsoft is also in troubled waters with the fight of tech and AI wars taking place. Azure Slowdown: Cloud growth wasn’t as strong as investors wanted. AI Competition: DeepSeek’s cheap AI models are shaking things up. High Spending: They’re pouring cash into AI, worrying investors about profits. And as Bullish as I am normally with Blue Chips, Right now, things are looking down for the tech giant. Medium Probability Analysis DIamond Formation Island reversal - Downside to come Price
Hi in this video I highlight what to look for in the chart to take shorts and where to fill Longs next . In addition to that I provide a small educational idea of looking out for Wickless candles and how they can add value to your analysis . Please like follow share and ask any questions that you have and thankyou for your support
After a 3500% surge, VIRTUAL may retrace, with Fibonacci levels acting as potential support/resistance. Bullish divergence on the daily RSI could indicate weakening downward momentum, potentially signaling an upcoming price reversal. Watch for confirmation as buying pressure increases. Key Fibonacci retracement levels for VIRTUAL are 0.58, 0.29, and 0.146. Watch for possible pullbacks at these potential support/resistance areas. Yes, that's an Oxford comma, and no, I am not Satoshi. ?
God First Minimum Risk Maximum Reward Action Backed Believe # faith, strategy, and execution all in one #
A brief for my mentorship members on how to trade momentum for long-term wealth. The overarching strategy here is that when something in your sectors/industries (should be in a watchlist) catches your eye because of a significant movement, you immediately use Fib retracement to find a solid entry/retrace. In the case of NASDAQ:QNTM I noticed a significant price spike on Tuesday and used the strategy to secure shares around $5 with the intention of holding for long-term share price appreciation.