Gold Technical Forecast: From a technical perspective, gold is confidently moving along a bullish trajectory. There is no doubt about that. But the signals now sent by the Relative Strength Index (RSI) and other momentum indicators are worth paying attention to. The daily RSI reading is close to 80, which has entered the severely overbought area. However, this does not necessarily indicate impending doom. It just confirms what we already know: buyers are in control. So, is the price close to a top? Possibly. But I would not sound the alarm bells just yet. These high indicators are more of a warning than a battle cry. It is more of a "stay alert" than a "get out of here". Spot Gold Technical Levels to Watch Gold's climb to a record $3,500 was impressive, but as expected, it has begun to retreat slightly from this psychological high, most likely due to some conventional profit-taking. There is no natural resistance above this level; all we have are round numbers. However, on the way down, the situation is different. Technical Analysis Initial support includes Monday's high of $3,430 and the round number mark of $3,400 on the daily chart. Looking further down, $3,357 is last week's breakout level, followed by reliable support at $3,300. If a more meaningful pullback occurs, $3,245 and $3,167 will be worth watching, both of which were previous resistance ranges and are now likely to become support levels.
Just recently opened a long position on brett. Anticipating a breakout to $0.039 soon. Overall market is pumping and it was left behind a bit weak but seeing some signs that bulls are coming in. Could be delayed pump
Look at this chart, what do you think? To me seems that #SUNDAE is ready to finally blast off, thoughts?
kitty kitty moving in good direction, time to find some fare value, $ os looking for some good investors to value it.
? Driving events On Tuesday (April 22), gold prices soared and set a new record high. Spot gold once hit the $3,500 mark, an increase of about 2.2%. US President Trump criticized Federal Reserve Chairman Powell for worrying the market, suppressing risk appetite and pushing investors to turn to safe-haven gold. After hitting the 3,500 mark, the price of gold fell slightly. Spot gold is currently trading at nearly $3,478.55 per ounce. ?Comment analysis KCM Trade Chief Market Analyst Tim Waterer pointed out that under the double blow of tariff concerns and the Trump-Powell farce, investors are fleeing US assets across the board. The continued weakness of the US dollar has created an excellent opportunity for gold to rise. On Monday, Trump made a tough statement, asking the Federal Reserve to "cut interest rates immediately" otherwise the US economy will face the risk of slowing down. Powell insisted last week that interest rates should not be easily adjusted until the impact of Trump's tariff policy on inflation becomes clear. ?Strategy Package Long position: Actively participate near 3430, with profit target above 3500 points ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
It rose from the early trading, rose to the 3500 mark and was under pressure, and then returned to the 3409 line at the lowest. If it does not fluctuate by more than 100 points every day, is it not the ultimate safe-haven asset? My heart really can't stand it. Brothers who have observed carefully should have discovered that the current round of gold rise started from 2961, and rose by 500 US dollars in just 14 days. Only when today's upper lead is really closed, can we say that the bulls will cool down a little! But this is not the first time. For example, last week's weekly line retreated, and it was directly pulled up at night. This week's opening rose by more than 100 points. The current market retreat is to go long. No matter what point you are at, as long as it is currently rising, then you can only witness one thing, that is, rising! At present, I am not optimistic about the continued decline. The market sentiment of long positions also leaves me no choice. The current long positions have not reached the top. The best opportunity is to look at the integer support of 3400, which may give the bulls an unexpected surprise! I am Quide. Seeing my analysis strategy, no matter the past gains and losses, I hope that you can achieve investment breakthroughs with my help and turn every tide of the gold market into our wealth wave.
Hello Traders ? As the old man said: "Those who survive the dump, deserve the pump." ?? I hope you're doing well — and if you're still here after the last few weeks, you're already ahead of the crowd. Let’s break down the current ETH situation and see why this could be the beginning of a major shift: ? Daily Chart Overview : https://www.tradingview.com/x/1o3UZwZZ/ ETH is testing the top of a descending channel. If we see a breakout here, the road toward $2100 is wide open — that’s a +23% move and could signal the start of a full trend reversal toward $4000. But why am I so confident? Let's dive deeper: ? Market Sentiment & On-Chain Signals ETH is heavily oversold Fear & Greed Index is at extreme fear Altseason Index near historic lows ETH/BTC is sitting on long-term support ? ETH/BTC Monthly Chart: https://www.tradingview.com/x/4IwuxO87/ ETH is at a key monthly demand zone against BTC. Historically, this area has triggered ETH dominance and massive altcoin rallies. ? BTC.D vs ETH: https://www.tradingview.com/x/KzSUkYQ5/ https://www.tradingview.com/x/97z3oNoe/ BTC Dominance (BTC.D) is showing signs of topping out at key resistance, while ETH/BTC is forming a bullish divergence — a classic setup for rotation from BTC to ETH and altcoins. ? Weekly ETH Chart ETH is sitting right on a major support zone. This is where reversals begin. If it holds, this could be the last dip before a major breakout. ? Final Thought: Let me know your thoughts in the comments. Are you loading ETH or still waiting for confirmation? And as always: ? Discipline is rarely enjoyable, but almost always profitable ? ? KIU_COIN ?
LSE:ONDO has broken above the key descending trendline, signaling a potential shift in momentum. The price is now heading toward the mid S/R zone, which will be a critical level to watch. Currently, ONDO shows strong upside potential as it trades within a broader sideways range. If bulls maintain control, we could see a continuation toward the upper resistance zone. Momentum is building — eyes on the next move. DYOR, NFA
Intraday Trend is Bullish with Resistance1 @ 5410 and Resistance2 @ 5507. Market Timing tool is bullish for the day and other indicators are in the green. Overall the S&P500 Index intraday trend is Bullish. This is my view but not a recommendation to buy or sell. Traders are advised to do their own technical study before entering into the trade with proper risk management.
https://www.tradingview.com/x/X01TNlgF/ Yesterday's candlestick was a bull reversal closing near its high with a long tail below. In our previous report, we said traders would to see if the bears can create a strong retest of the 3850-3800 area and close (yesterday) as a strong bear bar near its low, or if the candlestick would close with a long tail below and above the middle of its range instead. The market tested near the 3850 area but reversed to close as a strong bull bar. The bears couldn't get a strong bear bar after testing the 3850-00 support area. They got a strong second leg sideways to down (Apr 14 to Apr 22) to retest the January low. They hope to get a breakout below the January low followed by a measured move based on the height of the 5-month trading range. For that, they must create a strong breakout below 3850-00 with strong follow-through selling. If the market trades higher, they want the 4000 or 4050-80 area or the 20-day EMA to act as resistance followed by at least a small retest of the recent leg low (Apr 22, even if it only forms a higher low). The bulls want a reversal from a wedge pattern (Mar 25, Apr 9, and Apr 22) and a lower low major trend reversal. They see the current move as a sell vacuum and a bear leg within the trading range. They hope that the 3850 trading range low area will act as support. If the market trades lower, they want a failed breakout below the 3850 area. Since yesterday's candlestick was a bull reversal bar closing near its high, the bulls need to create strong follow-through buying tomorrow to increase the odds of a retest of the 4000-4080 area or the 20-day EMA. If the bulls can create a strong follow-through bull bar, it could start a 2-legged sideways to up pullback phase. Or will the market lack follow-through buying instead? If this is the case, that would indicate that the bulls are not yet strong. The market remains in a large trading range (4500 - 3850). Traders may Buy Low and Sell High within the trading range. That means buying in the lower third of the trading range, and selling in the upper third until there is a strong breakout from either direction with follow-through buying/selling.