Gold (XAUUSD) has shown signs of recovery, currently trading around $2,658, after successfully testing the EMA levels and rebounding from the lower boundary of the ascending wedge pattern. Recent price action on the 1D timeframe highlights a potential triple-top pattern near the $2,720 resistance zone, which has repeatedly rejected bullish momentum. However, the formation of higher lows along the ascending wedge suggests that bullish sentiment remains intact in the medium term. If the price continues to climb and breaks above $2,720, it could trigger a rally toward the next significant target near $2,780.
Brian greets everyone! Today, gold is consolidating its gains near the $2,660 level after reaching a two-week high earlier during the Asian trading session on Friday. Safe-haven flows amidst geopolitical tensions are providing solid support for the precious metal. Looking ahead, bullish opportunities appear more certain. However, gold will need to break above the daily high mentioned earlier to further extend its positive momentum. On the other hand, a slip below the $2,652 level could lead to a decline toward $2,641, which is considered a key support level that might help sustain the upward trend. Support levels: $2,652, $2,641, $2,634. Resistance levels: $2,663, $2,678, $2,698.
This is my plan for SUNDOG. I expect us to pump. After that retest and then we go to $0.25
This is the plan for WLD. I expect a retracement in box, where we get a good bounce next week.
Hi, We have a similarity here. If this run is 4.35% the target is 2707 This is just an idea! Be careful!
Classic support resistance is always a mainstay. DYOR!NFA!
Sofi had a nice pullback as we expected. Note the firing off BBWP. This will reset volatility and momentum. I would love to see this stock hit the golden pocket like my other option selling stocks. I would also like to see stochastic RSI hit below 10-15. My plan: Short-term bearish to 13ish Sofi I like to simply buy LEAP calls and slowly sell and march them up. Currently I like Jan 2026/2027 20$ calls since it reduces my capital exposure but offers levered exposure. I have made a lot buying LEAPs on Sofi all last year. 13$ is my buy zone.
Will NAS100 continue this trend? I believed it will until there are clear direction from the new president on how he will address the economy. Knowing that President Trump is pro-stocks, once he announced his plan, the trend might change or might continue depending on the sentiment of the investor. IMO, this downward trend is temporary and NAS100 will continue on the bullish trend. Lets see, we keep this on note.
Hims like the rest of the market had a nice fib rejection and pullback. The hot growth stocks are all pulling back to the golden pocket. This demand zone is already being tapped into but I would expect a more violent wick this week. This offers a nice reset to the stochastic RSI. BBWP also needs to drop for a bit for some contraction. My plan: short- term bearish to 23ish Buy shares, sell 6 month CSP ATM. Potentially close my covered calls.
Hey guys Anchored VWAP from highest high we put in late December. Seems a pattern has formed which is a smaller clone of what already happened. Just putting it on the radar.. I think a must know. Explains itself. Learn Anchored VWAP. You'll have to or want to play with the dates for this control. Interesting.