Gold (XAU/USD) Analysis – 4-Hour Timeframe Date: January 2, 2025 Technical Overview: Gold (XAU/USD) has shown significant bullish momentum on the 4-hour timeframe, breaking above its previous resistance zone of 2645. This breakout indicates potential for further upside movement, with key targets outlined in the upcoming sessions. Potential Scenarios: Upside Target The price is likely to aim for the range between 2685 and 2690 over the next 24–48 hours. This zone represents a significant resistance level, making it a critical area for observation. Retest of Support Zone Prior to a continuation of its bullish trend, the price may retest the 2655–2645 support zone. Such a retest could offer a low-risk entry for buyers, provided the zone holds strong and shows a rejection to the downside. Key Strategy for Traders: Multi-Timeframe Analysis: Before taking a position, switch to a lower timeframe (e.g., 15 minutes or 30 minutes) to assess the structure and ensure a clean entry. Look for signs of a change of character, such as strong bullish candles or a rejection wick, to confirm the upward move. Low Drawdown Entry Points: Identify entry points where potential drawdown is minimal. This approach reduces risk while maximizing reward potential. Waiting for the price to consolidate or retest support before entering can improve the likelihood of a successful trade. Risk Management and Discipline: Use proper risk-to-reward ratios to manage capital effectively. Avoid impulsive trades and focus on clear signals. Making no money is better than losing money. Final Thoughts: The overall trend suggests high probabilities for an upward continuation. However, patience and confirmation are key. Conduct thorough analysis before taking any long position and always prioritize protecting your capital. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Use your own expertise and strategy to make trading decisions.
Overall I have been ignoring all of the food and health sell offs until further notice however celh looks interesting for a long. Breakout or fake out, either way there’s some bullish divergence on the RSI.
On this chart the market created an sfp above the high followed by a decline the price continues to move around the poc at the price level 1.128680 we have two scenarios but both are short first with the first scenario creating an sfp below the low and going for higher prices.
Psychedelic Stocks About to Trip! ? RFK Jr. has been named the top health official in Trump's administration, and he's known for his stance against big pharma and preference for natural products like psychedelics. This could be a game-changer for psychedelic stocks! In this video analysis, I dive deep into the potential impact RFK Jr. could have on key psychedelic stocks: AMEX:CYBN , NASDAQ:CMPS , NASDAQ:ATAI , and $MNMD. These stocks are poised for significant movement, and you won't want to miss out on the insights and strategies I share. Not financial advice. ?
BINANCE:REZUSDT 1D The coin experienced a steep and prolonged decline after listing, eventually finding a bottom and gradually starting to recover. Currently, the price is in consolidation but made an attempt to break upward, which, unfortunately, was unsuccessful. The price encountered resistance (selling pressure) at the $0.06682 level, leading to a continuation of the correction. In the short term, I expect the correction to continue toward support levels near our pending orders (yellow horizontal lines: $0.03600 - $0.03130), followed by a bounce (buybacks) and further upward movement. DYOR.
Happy new year. Let us be better in 2025 in all aspects of our lives. Decided to create a threads account and share as much as possible from what I am doing regarding trading, preparation, systems, strategies, etc. It will be unfiltered, with the successes and the pitfalls. I tend to write and speak a lot. Feel free to not follow my journey if this is something you don't like to see. I don't do this for the sake of creating another monetization mechanism, though things change. I have been profitable for over half an year since about May 2024, primarily using a trend based intraday trading strategy on micro futures and CFDs for my personal account and prop firms. My approach to trading is of a risk and capital manager, I rarely focus on trade to trade results - if I focus on trade to trade it would be on execution or management of the trade idea rather than the result. I am still learning, and growing and intend to do so for years to come. If you are interested, you can follow my threads account for what I hope would be daily updates. In any case, I wish you well, sincerely. Link to it here: https://www.threads.net/@arcturus.research See you on the other side. Cheers.
Learn how to create your personal website with WordPress one step at a time. Pick a domain, customize the design, add features, and more.
The Bill Gates-backed startup uses AI to comb through massive data sets in an attempt to find more critical minerals. © 2024 TechCrunch. All rights reserved. For personal use only.
The list of flagship AI models that missed their promised launch windows continues to grow. Last summer, billionaire Elon Musk, the founder and CEO of AI company xAI, said that Grok 3, xAI’s next major AI model, would arrive by “end of year” 2024. Grok, xAI’s answer to models like OpenAI’s GPT-4o and Google’s Gemini, […] © 2024 TechCrunch. All rights reserved. For personal use only.
btc looking weak at the highs. possible opportunity to buy back lower.