- Key Insights: Gold has shown increased demand due to ongoing economic uncertainty and inflation concerns. Investor sentiment remains bullish as central banks continue to face challenges in controlling inflation, making Gold a safe-haven asset. Traders should look to capitalize on the volatility surrounding inflation reports and geopolitical tensions. - Price Targets: - Next week targets: T1=2720, T2=2760 - Stop levels: S1=2600, S2=2570 - Recent Performance: Gold has recently stabilized around the 2600 mark following a rollercoaster of fluctuations driven by market reactions to macroeconomic data. The recent consolidation hints at a potential upward breakout given supportive fundamentals and persistent investing activity. - Expert Analysis: Analysts remain cautiously optimistic on Gold prices, citing that the current price environment is ripe for upward momentum. Most experts believe that if the price holds above key support levels, we could see a significant rally as institutional demand increases. - News Impact: Recent economic data reporting higher-than-expected inflation rates and ongoing geopolitical tensions have contributed to increasing Gold's appeal. Central banks' futures guidance indicates a likelihood of continued support for Gold due to currency fluctuations and market uncertainty.
Solana May Rise Again After This Profit-Taking Moment After breaking out of the pattern on November 6, 2024, Solana surged by nearly 46% from the breakout zone. The top was reached at 264.50 on November 22, 2024, followed by a slow correction. It appears that the entire crypto market experienced a profit-taking moment, anticipating Trump's inauguration as President on January 20, 2024. The chances are that we may see another bullish wave after the price tests a strong support zone between 176.50 and 182.50. We may see Solana rising again in the coming weeks, with targets at 210, 230, and 253-254. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
The current trend of BTC is still in a downward channel. The support level of 92542 is tested below. The hourly line level is narrowly fluctuating and weakening, ending the rebound. The price convergence has reached the end. The short-term level is in a narrow range, with resistance at 94000 above and support at 93000 below. In terms of operation, my personal suggestion is to focus on high altitude.
This one looks like a possible fractal appearing. The 3 lines denote very clear trend lines, which have been broken twice in previous instances. There are also two boxes that I've highlighted to show two possible fractals. Given the shape of the fractal, it could be on the cards again to play out for a third time taken into account the increased size of the fractal this time. Although, it could also be wave 3 having played out for the start of another impulse, but volume needs to pick up to confirm that. Worth keeping an eye, I wont be adding it to my portfolio. Follow for more.
Audusd preparing a pullback ,lower time frame already turned bullish .
- Key Insights: Investors should be optimistic about PLTR as it continues to expand its presence in the government and commercial sectors. The recent surge in demand for data analytics and AI-driven solutions has positioned PLTR as a pivotal player in securing contracts with both public and private entities. The sentiment around PLTR is largely positive, reflecting a growing belief in its potential for long-term gains, especially as the company continues to innovate and enhance its product offerings. - Price Targets: For next week, target levels are T1=82.50, T2=85.00 with stop levels S1=77.00 and S2=75.00. - Recent Performance: Recently, PLTR has displayed volatility but is rebounding from short-term lows. This is supported by increased trading volume, signaling renewed interest among investors. The stock has shown resilience in the face of broader market fluctuations, enhancing confidence in its recovery trajectory. - Expert Analysis: Experts are largely bullish on PLTR, noting the company’s strong fundamentals and strategic partnerships that could drive future growth. Market sentiment reflects an optimistic outlook as more investors recognize the value of data-centric solutions in a digital economy. Analysts posit that PLTR’s upcoming earnings report may serve as a catalyst for further price movement, depending on the guidance provided. - News Impact: Recent news surrounding PLTR includes announcements of new government contracts and partnerships, which have positively influenced sentiment. Additionally, discussions about the expanding role of AI in various industries have kept attention focused on PLTR, positioning it as a key player in the technology sector.
M30 buys seemingly confirmed after sweep of Asian Low and Break and Flip of M5 Supply zones
Chart Speaks To you Review my last post about XRP and watch this one Again. i Hope to hear from XRP: Shall we Begin ? As one of undeniable fact we can not ignore that if this two line breaks down together XRP will not come back to bullish rally Soon and it will continues it way to correction as like as BTC with more Speed and Hot tastes B. Kamali
- Key Insights: QQQ continues to show strength as it capitalizes on tech sector momentum. Analysts predict that recent advancements in AI and cloud technologies will sustain interest in major NASDAQ-listed companies. Given favorable macroeconomic indicators, there’s strong potential for upward movement in QQQ. - Price Targets: Next week targets are T1=555, T2=570; Stop levels are S1=510, S2=505. - Recent Performance: Over the past week, QQQ has experienced modest gains, propelled by positive earnings reports from key constituents. The index has been resilient despite broader market fluctuations, demonstrating an underlying bullish sentiment from buyers. - Expert Analysis: Experts express optimism with a consensus that QQQ is well- positioned for continued gains. The sentiment is bolstered by constructive technical indicators and a solid economic backdrop. Many recommend strategic entry points, especially after temporary pullbacks. - News Impact: Recent news highlights developments in the tech sector, including significant partnerships and innovations. An increase in consumer spending on technology products has also positively influenced market perceptions around QQQ's holdings, reinforcing bullish sentiment.
Hi * just broke the downtrend line by 4 h candle and I expect to super pass two Fib levels Note: My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.