⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) maintains a positive trend for the fourth consecutive day on Friday, hovering just below the near four-week high reached on Thursday. Investor sentiment remains cautious due to uncertainty surrounding US President-elect Donald Trump's proposed tariffs and ongoing geopolitical tensions, supporting demand for the safe-haven metal. Additionally, expectations that Trump's expansionary policies could drive inflation further enhance Gold's appeal as a hedge against rising prices. ⭐️Personal comments NOVA: Technically and predicting the results of today's NF news, we expect the gold price to recover - return to the 2700 area today, the main uptrend. ⭐️SET UP GOLD PRICE: ?BUY GOLD zone: $2621 - $2619 SL $2614 TP1: $2630 TP2: $2640 TP3: $2650 ?SELL GOLD zone: $2714 - $2716 SL $2721 TP1: $2705 TP2: $2697 TP3: $2690 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
There is a squeeze developing on this stock, whether you look at Bollinger Bands or the Band formed by the upper and lower MIDAS curves. If a move is imminent, it is more likely to the upside given the stochastics and volatility indicators. This is certainly supported by increase. One major worrying equation is the progressively dropping volumes as the peaks progress. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green or purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Professionally, we are big fans of any indicators from Jurik, De Mark and Ehlers, which we use in addendum in analysis prior to putting down positions. We prefer a combination of at least four technical factors to favor a particular stance. A stance is never decided by this constellation, rather the constellation merely confirms the stance. Trading is a true one man sport. No single confluence of indicators is truly good enough, and a professional trader's sense must be developed through a lot of hard work and over a significant period of time. Good luck out there and stay safe.
Depending on the nonfarm payroll numbers a big day of could occur on Friday. These numbers may set the tone for future fed action.
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Wenn ihr auf der Suche nach brachial-bombastischer Sci-Fi-Action seid, dann wird euch unser heutiger TV-Tipp nicht enttäuschen. Euch erwarten knapp zweieinhalb Stunden Krawall.
Trend Analysis: SPY appears to be forming a symmetrical triangle pattern on the 4-hour chart, suggesting a potential breakout in either direction. The price is consolidating within narrowing support and resistance levels, indicating reduced volatility and a possible large move ahead. Support and Resistance Levels: * Immediate Resistance: $591 (Key resistance zone based on GEX data). * Next Resistance: $595 (Major GEX wall and prior price rejection area). * Immediate Support: $586 (GEX levels show strong PUT support here). * Critical Support: $580.50 (Major PUT Wall and previous price support). Volume Analysis: Volume has been steadily decreasing, in line with the consolidation phase. A breakout with increased volume will confirm the directional bias. MACD Momentum: The MACD is hovering around the zero line, indicating a lack of strong momentum in either direction. However, it may cross soon, providing an early signal for the next move. GEX Insights: https://www.tradingview.com/x/jOfeBe4A/ 1. Gamma Resistance: $591 and $595 are major resistance levels where CALL walls dominate. 2. Gamma Support: $586 and $580 are key PUT walls providing strong downside protection. 3. Implied Volatility (IV): SPY’s IV is relatively low, suggesting calm market conditions but also positioning for a breakout. Trade Scenarios: Bullish Scenario: * Entry: Above $591 with strong volume. * Target: $595 (first target) and $599 (next target). * Stop-Loss: Below $588. Bearish Scenario: * Entry: Below $586 with strong volume. * Target: $580 (first target) and $577 (next target). * Stop-Loss: Above $589. ---------------- Scalping Scenarios: https://www.tradingview.com/x/SJK88vNJ/ Bullish Play: Setup: If SPY breaks above 593.71 with high volume and candle confirmation. Entry: Near 593.80 after retest. Target: Scale out at 595.50–596.15. Stop-Loss: Below 593.20. Bearish Play: Setup: If SPY breaks below 585.20 with sustained bearish momentum. Entry: Near 584.90 after a weak pullback. Target: Scale out at 583.50, and extend to 582.00 if momentum holds. Stop-Loss: Above 586.00. Momentum Confirmation: Monitor volume closely; scalping opportunities are stronger with rising volume near breakout levels. Watch for MACD or Stochastic RSI alignment to confirm momentum. Caution: Premarket Volatility: Reassess levels if the premarket introduces a strong gap or unusual activity. Tight Stops: Maintain disciplined stop-losses to protect against rapid moves. Directional Bias: The symmetrical triangle hints at neutrality, with the price poised for a breakout. Watch for a decisive move above $591 or below $586 to confirm the next trend. --------------------- Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
Hello everyone, Today, let's take a look at the Japanese Yen (JPY). In Friday's Asian trading session, JPY strengthened following comments from Japan's Minister of Economy, Ryosei Akazawa. However, the currency still lacks optimism due to concerns that the Bank of Japan (BoJ) might not raise interest rates as expected. The latest data shows that household spending in Japan declined in November, indicating weakness in the economy. This could lead the BoJ to remain cautious in adjusting its policy, which may continue to weaken the Yen. Furthermore, the yield differential between U.S. and Japanese bonds has widened following actions by the Federal Reserve, boosting the U.S. Dollar against the Yen. Traders might wait for the U.S. Non-Farm Payroll (NFP) report before deciding to trade the USD/JPY pair. From a technical perspective, the short-term trend currently favors long positions, though price action is moving within a narrow range, so traders may need to be patient and wait for clearer signals. If USD/JPY breaks the resistance at 158.55, it may continue toward 159.00, 159.45, and even aim for the psychological level of 160.00. Thanks for following along, and wishing you successful trades with profits!
Short term bullish for #xauusd since December 30. Using KRI strategy, fib extension has reached 1.272 which is 2677. This week has also been bullish so I do expect gold to tap 1.618 extension which is gonna be 2698 before or during NFP tomorrow. NPF strategy is very simple; fade the initial move after NFP data releases. Friday range would be: resistance 2698 and support 2640 "buy at support and sell at resistance with tight SL"
BINANCE:XRPUSDT Price action is building this descending triangle pattern. Now this is a Bearish pattern that fulfills downward about 78% of the time. its important to Note that we are early in the formation of this distribution formation and there are many paths the market can take to fulfill this pattern. PATH 1--> Price action break above the red trendline .. Enter short into the resistance block PATH 2--> Price trades within the descending triangle .. Enter short as/when price hits red trendline. Safe Trade Option ----> is to wait until the formation resolves .. (i.e a clear break and close outside the pattern) before you open trade positions Like I said, we early to the trade. This formation should resolve in Feb 2025.. so plan the trade to manage fees, time and emotions.
The stock market is going to be on fire today because of the jobs numbers that are coming out in the economic report Lets look at google NASDAQ:GOOGL this stock is in the same boat as amazon, and Nvidia At this price, they have touched the bottom you can see this by using the MACD indicator Now this strategy called The Rocket Booster Strategy is based on long-term momentum now even though its simple do not let it fool you this is a very powerful strategy which is priceless and I am teaching it to you for free.. its crazy that am even showing you this for free But that's okay the fact that this is an awesome community thanks to Tradingview and its platform I feel like teaching this strategy is my way of learning more and giving back to this awesome community of traders from around the world. Remember the 3 indicators: -50 EMA -200 EMA -MACD If you want to learn more about how these indicators working together check out the resources below To learn more rocket boost this content Thank you for reading. Disclaimer: Trading is risky please learn risk management and profit-taking strategies also feel free to use a simulation trading tool before you trade with real money.