Will the revision of the NFP help support the Gold price?Macro theme:
- At the Jul meeting, most policymakers suggested easing policy in Sep would be appropriate if the data aligned with expectations.
- Bets on more rate cuts grew after US Nonfarm Payrolls were revised down to 820K, raising doubts about the labor market's resilience to higher rates.
- Investors are now waiting for Fed Chair Powell's speech on Friday for guidance on the interest rate outlook, keeping markets stable for now.
- Meanwhile, geopolitical tensions in the Middle East continue to drive gold prices higher.
Technical theme:
- XAUUSD is still trading above the EMA21, indicating solid upward momentum persists.
- If XAUUSD extends its gain, we can watch the 2.0 Fibonacci extension, which is around 2555.
- On the contrary, if XAUUSD retraces before continuing, we must watch for 2480 and a lower level at 2431 before attempting any go-with-trend trades.
Analysis
ALPHAGEO Strong Fundamental Turn-Around Story NSE:ALPHAGEO
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Incorporated in 1987, Alphageo Ltd
provides Geophysical Seismic Data
Acquisition, Processing and Interpretation
Services for exploration of hydrocarbons
and minerals
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Company is almost debt free.
Stock is trading at 1.03 times its book value.
Company is expected to give good quarter.
Company has been maintaining a healthy dividend payout of 473%.
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Due to effect of monsoon in several parts of India, only 4 seismic crews worked in the month of October 2019,
with an addition of another 5 crews in the month of November 2019. The NSP Project on Sedimentary Basins of
of Ganga-Punjab Area with Oil and Natural Gas Corporation Ltd. has been completed in the first week of January
2020.
• The field acquisition stage of the Project of Geophysical Mapping Survey for mineral exploration with Geological
Survey of India has been completed. The processing, interpretation and submission of deliverables is in progress.
• The Project for MECL is completed during the quarter ended 31st December, 2019
• No new orders were received during the quarter under review.
• Order on hand as on 31st December, 2019: INR 160 Cr (inclusive of taxes)
Buy GBP/CAD Bullish Pennant The GBP/CAD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Pennant pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 1.7705, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.7763
2nd Support – 1.7796
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Buy Gold (Xau/Usd) Bullish ChannelThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 2516, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2551
2nd Support – 2573
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
#BTCUSDT.P Daily trades//setup 1/5RR LONG X3 LEVERAGE# hello TRADERS , hope you’re doing well
This our TRADE setup for today no further analyses of the entry since this position is lower-timeframe Based
######### POSITION SETUP ########
recommended leverage: X3
ENTRY POINT :58822
SL: 57730
TP:64500
### Not financial advice disclaimer ###
#You can use leverage at your own responsability and according to your risk management strategy
## remember to stay informed and make decisions based on your own research. always, trade with caution
## Do not forget to put Stop loss for your positions
Don’t forget to boost and support our Ideas to receive more Analysis
#Make sure you follow and activate the notification to catch the move instantly
If you have any questions, or any Coin to analyse you can write them in the comments section below.
#####We are using LEET ALGORITHMIC CONCEPT (LAC)
revolutionary new trading concept developed by LEET TRADERS COMMUNITY and based on the functioning of the most powerful HIGH frequency trading algorithms
very high accuracy, No psychological factor or stress, the only rule is to follow the steps straight to the target
Join US!!
********* WAKE-UP NEO =) follow the white rabbit********
Is USOIL Ready to Surge to $77?I'm analyzing the weekly chart of USOIL and spotting a potential reversal. If it manages to hold above this level, we could witness a strong bullish momentum, pushing oil towards the $77 level. I’ve kept the chart simple for easy analysis of the current situation. If you like the idea, give it a boost!
Note: These analyses are based on technical analysis only.
Buy GBP/CHF Bullish PennantThe GBP/CHF pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Pennant pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 1.1195, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.1273
2nd Support – 1.1301
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Gold Trade : Bullish Momentum AheadXAUUSD has been making bullish trend through 2041 making higher highs and higher lows and is holding towards the liquidity zone 2506 2505.Price action and market structure also shows bullish trend and also a double bottom pattern is evident around the 2380 2385 level indicating a strong support area. there is also a news which would support us in bullish momentum
Our technical analysis and market indicators suggest a positive trend for gold in the next trading session. Investor can expect a potentially lucrative opportunity to capitalize on the bullish momentum.
#BTC USDT 1H TF analysis + Swing trade Setup x5 # hello TRADERS , hope you’re doing well
this is our analysis of BTC in 1H TF
BTC just reached an OB of a supply after making A market structure shift
we expect price to drop bellow the equilirium area and target the main internal liquidity shown on the chart
we may swing this position to target the main internal liq down bellow
trade may go fast due to the news coming today
######### POSITION SETUP ########
recommended leverage: X3
ENTRY POINT :61298
SL:62762
TP:54470
### Not financial advice disclaimer ###
#You can use leverage at your own responsability and according to your risk management strategy
## remember to stay informed and make decisions based on your own research. always, trade with caution
## Do not forget to put Stop loss for your positions
Don’t forget to boost and support our Ideas to receive more Analysis
#Make sure you follow and activate the notification to catch the move instantly
If you have any questions, or any Coin to analyse you can write them in the comments section below.
#####We are using LEET ALGORITHMIC CONCEPT (LAC)
revolutionary new trading concept developed by LEET TRADERS COMMUNITY and based on the functioning of the most powerful HIGH frequency trading algorithms
very high accuracy, No psychological factor or stress, the only rule is to follow the steps of straight to the target
Join US!!
********* WAKE-UP NEO =) follow the white rabbit********
Expected BTC Price Action - Short TermI'm expecting BTC to have a small retrace here, bouncing off the .382 Fib Fan level and resistance level - Before re-testing the lower support, just below the .66 Fib level then breaking previous resistance, with a small bounce off the .382 again to retest the resistance, flipping it into Support.
Once this is flipped into Support, I can see us moving up to retest the .5 Fib Fan Level
Chevron (CVX): Approaching a Critical Support ZoneIt's been a while since we last analyzed CVX, but we’re now approaching a very important area on the chart. You might wonder why we’re focusing on the weekly chart instead of the daily. The reason is simple: sometimes you need to zoom out to get a clearer perspective, and in this case, the weekly chart holds far more significance than the daily. There’s no point in searching for entries on the daily when the more crucial entry level on the weekly is just below.
We’re looking to find support at the HVN POC (High Volume Node Point of Control) at $117, which would also serve as a retest after the last breakout in 2022. We’re still determining the best way to place a limit order at this level, but for now, we’re waiting on the sidelines with alerts set and a light game plan ready.
Super Micro Computer (SMCI): Awaiting the Final Leg DownWe are considering a bullish scenario for SMCI, but it's not time to act just yet. We continue to believe that we are still in Wave (2) and that one more leg down is needed before we can see a surge higher, potentially breaching the all-time high at $1,229. Although the stock has already retraced more than 60% since reaching this ATH, we think there's still room for a bit more downside.
We believe we are in Wave C of the ABC corrective movement, and typically, this Wave C contains a five-wave structure (in this case, moving downward). This five-wave structure hasn't fully played out yet, as you can clearly see. Even though a lot of longs have been opened at $512, which is the 61.8% Fibonacci retracement level, we believe this is just Wave ((iii)). We're not looking to short this stock but are instead waiting to see if our analysis holds true so we can go long once we have more clarity on the ending of Wave ((iv)). This will help us better determine the end of the overarching Wave (2).
DOTUSDT ( BREAKOUT CHANNEL ) (4H)DOTUSDT
HELLO TRADERS
Tendency , the price is under downward pressure , until trading below turning level at 4.949
TURNING LEVEL : the price of this level at 4.949 , so until the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) .
RESISTANCE ZONE : this zone between 5.532 and 5.958 , in order to see this zone the price need breaking turning level at 4.949 , breaking this price indicates an increase and reaching the resistance level (1) at 5.532 , then stabilizing above resistance level (1) likely to reach of a resistance level (2) at 5.598 , after breaking this zone it will be attempt to reach resistance level (3) at 6.532 , selling have already increase in this zone .
SUPPORT ZONE : this zone between 4.012 & 3.595 , until the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 4.012 , by open 4h or 1h candle below support level (1) , it indicates to reaching support level (2) around 3.595
CORRECTIVE : the price corrective at 4.949, before dropping .
TARGET LEVEL :
RESISTANCE LEVEL : 5.532 , 5.958 , 6.532 .
SUPPORT LEVEL : 4.012 , 3.595 .
Bitcoin must make these 2 key moves !As we can see on the chart, the price remains stuck in the inefficiency zone, showing a lot of liquidity since last week. Over the past two days, the price has resumed an upward trend, but it is still moving a bit slowly in the inefficiency zone.
#1 In this analysis, I want you to see that liquidity has decreased daily since last week, leading me to believe that Bitcoin could gain strength at any moment and break through my white trendline. This would be the first move I’m looking for to confirm that Bitcoin is ready for an uptrend. (Buying pressure)
#2 Once the price breaks through my white trendline, I expect the price to reach this green order block and reject at the confirmation zone. this rejection is a key point, However, it is precisely at this point that after the rejection, Bitcoin could gain momentum to break through the green order block and thus confirm its bullish trend.
Let's see what happens this week. In the meantime, buckle up because it’s going to be a very volatile week due to the scheduled economic news.
Best regards, and thank you for supporting my analysis.
xauusdwhat a weekend gold fly once again all time high 2508 as my previous analysis i was explained that gold will fly. well as i draw simple line to understand the 1D chart prediction and i have
a: plan
b: plan
concider that gold has over bought so it may have the gap down open opportunity or fly above .
let me know what you all think, leave a comment . happy weekend.
Walmart’s (WMT) Earnings Could Signal Economic TrendsAt first glance, Walmart's earnings might not seem critical, but they provide key insights into consumer behavior and could serve as an indicator for future retail sales. If Walmart reports disappointing earnings, it could signal broader economic concerns. As one of the largest retailers in the U.S., a decline in Walmart's customer base may indicate that consumers are tightening their belts, which is never a good sign for the economy.
This is why we're closely monitoring Walmart. Sometimes, stocks can act as a barometer for the market. While we’re hopeful for a strong earnings report, we're also anticipating a potential price dip into the $43 to $36 range. Whether this occurs immediately or in the coming weeks is uncertain, but we believe it’s a likely scenario. If Walmart’s price drops into this range, it could present a compelling buying opportunity. The golden pocket Fibonacci retracement aligns with this area, and there’s also a significant, yet untagged, liquidation level at $40 that we're keeping an eye on.
We’ll be closely watching Walmart’s earnings and price movements. If we see a negative earnings report and a subsequent drop in price, we’ll provide updates and discuss potential strategies. 🤝
Target (TGT): Ready to Break Out of Its DowntrendWith Target, we have another major player in the US retail market, and we prefer its price structure over Walmart's. After completing Wave (3), Target experienced a significant sell-off, forming Wave (4). Currently, it appears that an inverse head and shoulders pattern is developing, which could signal a bullish reversal. The neckline looks particularly strong, and I will have a bullish outlook once this neckline is reclaimed.
There is a breakout gap following the completion of Wave (4), which might be revisited. However, for a well-formed head and shoulders pattern, we should see some momentum soon to create two shoulders at the same level. As long as the Wave (4) level at the Point of Control (POC) holds, we expect more upside, either after a slight dip into the breakout gap or immediately following the earnings report next week.