Hello, dear friends! This is Ben here! Gold prices continue their upward trend, currently hovering around 2671, with a modest daily increase of 0.05%. The chart indicates that gold is consolidating and attempting to approach the critical resistance level of 2675. The bullish market structure suggests that prices are gearing up for a potential breakout. However, the key question remains, will the breakout occur? This depends largely on external factors, including the U.S. economy's performance and the inflationary trends, which have been long anticipated by the market. Based on current market behavior, we might expect gold to test liquidity and recheck key resistance levels before any potential downward correction. Buyers are likely to exercise caution after disappointing inflation data from China and hawkish signals from the Federal Reserve's recent meeting minutes. Frankly speaking, I’m not overly optimistic about gold’s upward momentum at the moment, given the lack of strong bullish catalysts aside from lingering trade policies, such as Trump's tariffs on major global powers. Fundamentally, the dollar’s strength and the Fed's hawkish stance continue to cap significant gains for the precious metal. Resistance levels: 2675, 2680 Support levels: EMA 2665, 2655 From a technical standpoint, the market structure remains bullish, and in the short term, we could see an attempt to break through the 2675 resistance. If successful, prices may test the next areas of interest at 2680 or even 2692 (OB Zone),which could later result in a possible decline. Best regards, Bentradegold!
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0350, which is a pullback resistance close to a 50% Fibonacci retracement. Our take profit will be at 1.0261, a swing low support level. The stop loss will be at 1.0463 an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
CONCLUSION Weakly support reject daily support reject 4rhr golden zone reject entry OANDA:AUDNZD
- Swing -> BOS -> candle body close - Swing strong-> highest point that caused the swing low - Swing weak-> lowest point that caused the swing high - BOS -> break of Swing structure
Hello, this is Greedy All-Day. Today, we’re analyzing Bitcoin (BTC) and its recent market movements. Recent Bitcoin Trends https://www.tradingview.com/x/a3DiEDDB/ Bitcoin has been facing resistance at the 99380 level (yellow box) since December 20, 2024. As mentioned in previous briefings, a breakout above this level could signal a potential trend reversal. The green box resistance zone aligns with the December 19, 2024 high of 102800, which has now become a critical resistance level. Following this resistance, one might wonder if Bitcoin's trend has fully reversed. The Break of the Long-Term Uptrend https://www.tradingview.com/x/wt74I41b/ Bitcoin’s long-term uptrend, which began on October 10, 2024, broke down yesterday. This breakdown occurred in the orange box, marking a significant shift in momentum. Why Is This Concerning? Daily 60 EMA Resistance: Bitcoin is now facing resistance at the 60 EMA for the first time in a long while, indicating bearish sentiment. The last time Bitcoin faced resistance at the 60 EMA was in October 2024 (red box), right before the start of the previous uptrend. Support Breakdowns: Bitcoin appears to be breaking through key support levels, one by one. Key Support Zone: The green box range (90200–85160) is expected to provide strong support. However, if Bitcoin breaks below this zone, it would trigger: A breakdown below the daily Ichimoku Cloud. A full trend reversal, potentially opening the door to the yellow support line, approximately 26% lower than current levels. What Does Bitcoin Need for a Rebound? https://www.tradingview.com/x/i09uAuhu/ For Bitcoin to rebound, it must break above the orange box resistance at 100700. Why This Level Matters: A breakout above this level would signify a trend reversal. It would also push Bitcoin out of the Ichimoku Cloud on the daily chart, turning the cloud into a support zone rather than resistance. Conclusion Bitcoin has broken its long-term uptrend and the moving averages (20 EMA, 60 EMA) have shifted from support to resistance, indicating further downside risk. Key Support Zone: 90200–85160. If this zone holds, it could provide a strong foundation for a rebound. If it breaks, Bitcoin will likely enter a prolonged bearish phase. Currently, the trend is leaning bearish, and traders should keep a close watch on these critical levels to anticipate the next major move. ?
This chart shows the XAUUSD (gold) price movement with a clear rising wedge pattern. Key observations include: 1. Rising Wedge Formation: A bearish continuation pattern suggesting potential price breakdown. Price is consolidating within converging upward-sloping trendlines, indicating weakening momentum. 2. Breakdown Target: A potential move downward is projected with a target near 2647.30. This aligns with the measured move of the wedge's height. 3. Stop-Loss Level: The invalidation level for the bearish setup appears near 2683.56, which is above the wedge structure. 4. Strategy: Traders may consider short positions on a confirmed breakdown below the wedge, targeting 2647.30, while maintaining strict risk management with a stop above 2683.56. This pattern highlights potential bearish momentum as long as prices fail to break above resistance levels.
Hello everyone, ever wondered how to use the crypto fear and greed index properly? It’s calculated using factors like volatility, volume, social media sentiment, and surveys, producing a score from 0 (Extreme Fear) to 100 (Extreme Greed). Today the index showing 43 points, which is close to the fear zone again. Do you think it's time to buy now?
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