GBP/USD has entered Wave 1 territory, invalidating the previous Elliott Wave count. Now, all signs point to a possible extended Wave 3, which could drive a strong trend move! ?? Will the momentum continue? What are your views? Stay ahead with expert wave analysis! ? #Forex #ElliottWave #GBPUSD
Held through this massive capitulation in the market quite well. Seems to have put in a slightly higher high, and now a higher low. AI narrative is a little safer, if the structure is bullish. Expecting February to be a hot rebound, so will hold to 1000%.
It looks like you want to share a trading signal for XAUUSD (Gold). Here’s a clearer and more engaging way to format your post: ? XAUUSD GOLD SELL SIGNAL ? ? SELL NOW: 2787 ? Target: 2763 ? Hold Strongly! ? Trade wisely & manage your risk! ?
CME_MINI:NQH2025 - PR High: 21200.00 - PR Low: 20943.00 - NZ Spread: 574.5 Key scheduled economic events: 09:45 | S&P Global Manufacturing PMI 10:00 | ISM Manufacturing PMI ISM Manufacturing Prices Another wide weekend gap, setting stage for expected excitement for the week - Touch of 21000 long-term inventory - Auctioning inside nearly 500 point wick from Jan 27 Session Open Stats (As of 12:45 AM 2/3) - Weekend Gap: -1.72% (open < 21200) - Gap 10/30/23 +0.47% - Session Open ATR: 436.60 - Volume: 83K - Open Int: 255K - Trend Grade: Bull - From BA ATH: -6.4% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 22667 - Mid: 21525 - Short: 19814 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
Broke the down trend with a massive bullish candles which means theres some liquidity on that support zone
Bitcoin peaks at 50k blocks post halving block, and the estimated time frame for that is around March 28TH - April 5th, Bitcoin is also at its second trend break so I see this double bottom being a fake out, it will break out and then have a very bullish run around the dates listed above I will begin the most legendary shorts known to man.
I really like a busy weekend cos it will make Monday the sweetest trade day. UJ hasn't even sell off like his mates, GJ and EJ. What do you think it will do when DXY is falling and Yen index rising? A sweet sell off
News: ?XAU/USD hit a record high of $2,817.23 an ounce on January 31 after US President Donald Trump imposed 25% tariffs on imports from Canada and Mexico, along with a 10% tariff on goods from China, raising concerns about a global trade war. ?Gold prices are forecast to reach $3,000 an ounce by the end of 2025, based on expectations of interest rate cuts and increasing global uncertainty. ?However, gold prices fell nearly 1% on Monday. The decline was largely due to President Trump's tariff policies, which have strengthened the US dollar in the short term. Technical analysis: Support: The $2,770 area (European trading session) is considered a key support level. If gold holds above this level, the uptrend could continue. Resistance: The record high of $2,817.23/ounce is now a major resistance level. Breaking through this level could open up new bullish momentum for gold. Conclusion: ?Gold prices are still in a strong uptrend. However, gold prices are in a correction phase due to the strengthening of the US dollar. However, the demand for gold as a safe-haven asset could limit the decline. Monitoring economic and political developments, especially trade policies and fluctuations in the US dollar, will be important to predict the gold price trend in the coming time. Analysis based on resistance - support zones combined with Fibonacci Plan: ?Setting a price range: ? Buy gold 2768 - 2770 (EUROPEAN TRADING SESSION) ❌SL: 2761 | ✅TP: 2773 – 2780 – 2790 ? Sell gold 2817 -2820 ❌SL: 2824 | ✅TP: 2812 - 2806 – 2800 ? Buy gold 2748 – 2750 ❌SL: 2744 | ✅TP: 2755 – 2762 – 2770 Thank you for reading my comment: "FM"
Dear Friends, How I survey unknown territory: Should price continue down, where is the next potential bottom? Zoom out to 1W or 3W or 1M TF's. Use you FIB as indicated. 78.6% is a high probability area for the next bottom, should selling pressure continue ! Alternative possibilities: Firstly, price have potential to fill the gap and then continue down A bull trap as I see it. or Price may actually fill the gap and hold demand which will activate our green thesis. **Which could fundamentally mean institutions have dipped in liquidity pre-swing reversal. Keynote: DO NOT BUY BELOW 0.62000!
Lines in the sand. Fib projections.... This is where the dollar could land