price will the recent high from the current price {195.327} to {198.916}
✍️ NOVA hello everyone, Let's comment on gold price next week from 01/06/2025 - 01/10/2025 ? World situation: Gold prices (XAU/USD) declined on Friday, dropping around two-thirds of a percent to slip below $2,650 per ounce as market sentiment improved following the risk-off mood earlier in the week. The first week of the 2025 trading season has been volatile, but investors continue to seek clarity on market trends as the new year begins. Richmond Fed President Tom Barkin, speaking to a bankers association in Maryland, noted that the Federal Reserve reduced interest rates by one percentage point in 2024, bringing the federal funds rate to 4.25%-4.5%. He highlighted that unemployment remains historically low, and inflation is gradually approaching the Fed's 2% target. Barkin also addressed concerns about incoming President Donald Trump’s proposed tariffs, which could initiate trade conflicts with key US allies and partners. He reassured markets, suggesting that the impact of tariffs on consumer prices is complex and depends on factors like supply chains and consumer price sensitivity. Barkin downplayed fears of significant economic disruption from potential 10%-20% tariffs on all imports, emphasizing that their effects are not straightforward. ? Identify: wait for stronger recovery in early 2025 or price may continue sideway in 2 H4 price bands ? Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2653, $2686, $2722 Support : $2609, $2585 ? 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 - The winner is the one who sticks with the market the longest
OP looks good moving in a megaphone pattern. 7 could be the target if the same trend continues.
CRYPTOCAP:ICP Looks amazing setup, Traingle breakout formation going on Above 15.5 one big green weekly candle can take it to 21 then 25 Above that 37 gates will open
Virtuals Protocol ( VIRTUAL ) is an innovative cryptocurrency that aims to revolutionize virtual interactions through its AI and Metaverse protocol !
- NASDAQ:DLTR is a nice turn around story for 2025. It is showing great strength when the market is red. - Any fear around recession will skyrocket this stock. This is by far one of the best risk/reward setup which provide gains when the market is red or is going under correction of some sort. - It's a better buy than its peer NYSE:DG as headwinds for NASDAQ:DLTR are temporary and can be resolved as compared to NYSE:DG which has headwinds which will take time.
Trade Idea: BTCUSD Long $100k We're seeing a strong bullish trend in BTCUSD, with price action consistently breaking out of a ascending channel. Our focus is on the newly formed Bullish Breaker Block (highlighted in yellow), which presents a high-probability long entry opportunity. Our strategy is to ride the bullish momentum, anticipating a strong close to the week's candle. With the current technical setup, we're confident in the potential for further upside.
FTNT is forming a Bullish Pennant on Daily timeframe! Looking for upside.
Bata India near resistance take multiple times and now near break Bata India near resistance take multiple times and now near break Bata India near resistance take multiple times and now near break
appears to be forming a harmonic pattern. Based on AB = 50% and BC = 161.8%, we expect the DXY to reach the D Point, where a significant reversal or continuation of the trend could occur. AB Leg: The DXY retraced 50% Fibonacci retracement, confirming a solid start to the harmonic structure. BC Leg: The second move (BC) extended to 161.8% Fibonacci extension, which is a key level for harmonic confirmation. DC Leg: We are now waiting for the price to reach D Point, likely around a Fibonacci retracement level such as 78.6% of XA. Once it hits that level, we can expect a strong reversal or a continuation of the trend depending on the market behavior. What to Expect? If the DXY respects the D Point, we could see a major reversal (USD either gaining strength or weakening, depending on the direction). If the DXY breaks above D Point, the harmonic pattern will fail, and the trend could continue in its current direction. Where to Watch for Risks: Look for confirmation signals like divergences or candlestick patterns at the D Point to avoid entering a failed trade. The DXY is currently in a critical zone, so wait for confirmation before taking action. Be cautious of a breakout above the PRZ (Potential Reversal Zone)!