As of now xauusd is in strong bullish trend and i am expecting it to cross 2800$ mark up in upcoming week here is my setup Dyor
With Trump wanting to start refilling the SPR and with what seems like the FED probably having to pivot so the US doesn't defunct, we will usher in an era of inflation by the printer coming back on and QE happening. Rates are dropping which along with it the DXY and printing.. WTI loves DXY dumps!
Gold news analysis: Gold prices rose nearly 1% on Friday (January 24), close to the historical high set in October last year, mainly driven by U.S. President Donald Trump's call for interest rate cuts and uncertainty in his trade policy. Spot gold rose as much as 0.12% to $2,785.50 per ounce, up 2.8% this week. Gold prices are currently at their highest level since the all-time high of $2,790.15 per ounce set on October 31 last year. The U.S. dollar index fell to a one-month low, making dollar-denominated gold cheaper for foreign buyers. Gold prices are heading towards new all-time highs, coinciding with a correction in the US dollar. The dollar weakened as Trump hinted that he might relax his tariff policy on China and choose to reach a trade agreement. On Thursday, Trump said at the World Economic Forum in Davos that he would ask for an immediate rate cut. In an interview with Fox NEW, Trump said he preferred not to use tariffs to resolve trade issues with China. Zero-yielding gold is seen as a hedge during times of political and economic turmoil and performs well in a low-interest rate environment. Trump’s comments come ahead of next week’s Federal Reserve meeting, when policymakers are widely expected to keep interest rates unchanged. Gold once again continued its previous upward trend on Friday. It hit the 2785 line at its highest in the US market and then retreated under pressure, approaching the historical high and closing at the 2770 line. The daily line also closed in the inverted hammer shape of the upper lead. Although There is a willingness to go higher and fall back on Friday, but for now, the support of 2770 is still resisting stubbornly, and it has not broken after all. Next week is also the announcement of the interest rate decision. Before that, gold is likely to be in shock. Of course, it does not rule out the early release of news. Once the Asian early trading opens flat next Monday, the 2770 line may also fall. What needs to be tested is the top-bottom conversion 2762-60 area below. This The position is also the rising point of the upward trend, while the upper suppression port remains near 2780-88. In the short term, it is likely to fluctuate around this range, waiting for a later breakthrough. Judging from the 4-hour market analysis, the performance of the Asian morning session and the European session on Monday is also more important. The US session also needs to follow the trends of the European session for layout, regardless of whether the bulls can break through in the later period and set a new high again, or form a retracement correction. situation, there may be a wave of upward energy in the later period. Our professional and experienced gold analyst team recommends the short-term operation strategy for next Monday Gold operation strategy: 1. Go long when gold falls back to 2758-2762, and add more positions when it falls back to 2750-2753, stop loss 2743, target 2780-2788;
Disclaimer: This analysis is not a trading advice but is for learning purpose only. My dear fellow trader! what do you think about BTCUSD today's trend. BTCUSD current price:104400 BTCUSD is fundamentally and technically Bullish. I gave 109000 target because market t test this area before it goes further high. now BTCUSD will be create new higher high. SUPPORTING AREA:103200_102200 RESISTENCE AREA: 106000_109000 kindly like, comment and Support , follow me for more latest updates.
This has a substantial short float but also 3/4 of insiders. The chart is primed and continues to get good numbers minus the previous earnings to report. The up-to-date guidance is above expectations and should see this rise much faster. From mid-20 to 17, there isn't much to ask, considering the length of time stochastic has been hovering at resistance.
Bullish on this one. We have the formation of a cup with handle in the short term. We may expect in the short term a price of 4$ ; 5 $ The lowest ptices for pyr at the moment are in my opinion 2.4$ So if the price goes down to between 2.60$ and 2.40$ those are good entry points. DCA and you will be good. Pyr is here to stay!
My last idea for Helium was failed but I wish I could show you all that Ii had purchased HNT in higher levels. What has happen was not a disaster, although it would be great if I could have been able to figure out this correction. What is matter for a an elliottician is that what had been made between March 2023 and February was an impulse wave that is a signal of a long term journey. My strategy is to buy again if you can or just let this trend a little more time to give back your money with a bunch of profits in the next months. One thing more. When a trend makes a longer correction it means that we might see longer impulse. Be positive.
If you seen my last post. Triple BULL FLAG on TURBO. This is a continuance of that previous post. With Trump coin coming out of left field the planned launch for TURBO was Postponed until Mid February. As we can see here; the price action has broken the triple flag trend, and feel below the trendline and is now sitting in the GOLDEN POCKET ! Gaining momentum and Preparing the engines for TAKE OFF ! What we are waiting for is a cross of the 21 and 200 day moving averages. As we can see here there have been multiple long legs up, right as the MA cross over happens. We see this as an EXCELLENT OPPERTUNITY to PACK YOUR BAGS before launch ! Feel free to board, Make yourself comfortable, have a drink and relax knowing that 1.3 - 2.0 is incoming next leg up for Lil BUDDY TURBO ~
History doesn't always repeat itself, but it does tend to rhyme! The stars are aligning for Bitcoin CRYPTOCAP:BTC , and if the Crypto King officially enters the next WAVE of this bull market cycle, then I wouldn't be surprised to see NASDAQ:RIOT rally +120% in the month(s) ahead. We've seen it before... There's no reason we couldn't see it again! ??? Also, I just posted a YouTube video covering CRYPTOCAP:BTC NASDAQ:RIOT NASDAQ:MARA and NASDAQ:COIN if you want to check it out. ????
Legendary musician Paul McCartney is warning against proposed changes to UK copyright law that would allow tech companies to freely train their models on online content unless the copyright holders actively opt out. In excerpts of an interview with the BBC, McCartney said the government needs to do more to protect musicians and other artists. […] © 2024 TechCrunch. All rights reserved. For personal use only.