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GOLD 4H ROUTE MAP TRADING PLAN / READ CAPTION CAREFULLYGOLD 4H Chart Analysis – 12th Feb 2025 Dear Traders, Here’s the latest update on our 4H chart. It’s been a productive week! If you reviewed our previous chart on the 11th of February, today’s analysis should help guide your trading plan for the week. Chart Color Codes: * Red boxes (right): Support levels labeled as GOLDTURN LEVELS. A small red circle marks activation after short reversals. * White GOLDTURN LEVELS (top): Not yet activated. * Green boxes on the top(left): New Take Profit Targets. * Green boxes with red outlines: Achieved targets. * Grey button: Entry point from the 11th of February. Review of Previous Chart: Entry Level: 2814 Take Profit 1: 2850.15 ✅ (Hit) Take Profit 2: 2876.95 ✅ (Hit) Take Profit 3: 2903.76 ✅ (Hit) Take Profit 4: 2925.85 ✅ (Hit) We observed three reversals of 20–40 pips, highlighted with red circles. New Take Profit Levels Added: TP5, TP6, TP7, and TP8 Key Focus Areas: Identify Key Levels, Resistance, Support, and watch EMA5 closely. EMA5 behavior will determine the next price direction. Key Levels: Key Level: 2900 Resistance Levels: 2925, 2952, 2984, 3017, 3052 Support Levels: 2876, 2852, 2828, 2803, 2776, 2747 EMA5 Status: Current EMA5: 2898.14 Bullish Targets EMA5 cross and hold above 2900, will open the following bullish target 2925 again EMA5 cross and lock Above 2925, will open the following bullish target 2952 EMA5 cross and lock Above 2952, will open the following bullish target 2984 EMA5 cross and lock Above 2984, will open the following bullish target 3017 EMA5 cross and lock Above 3017, will open the following bullish target 3052 Bearish Targets EMA5 hold and cross Below 2900: will open the following bearish target 2876 EMA5 cross and lock Below 2876: will open the following bearish target 2852 EMA5 cross and lock Below 2852: will open the following bearish target 2828 EMA5 cross and lock Below 2828: will open the following bearish target 2803(Retracement Range) EMA5 cross and lock Below 2803: will open the following bearish target 2747 (Swing Range) Trading Plan: * Stay bullish and buy pullbacks from key levels. * Avoid chasing tops—focus on buying dips. * Use smaller timeframes for entries at Goldturn levels. * Aim for 30–40 pips per trade for optimal risk management. * Each level can yield 20–40+ pips reversals. Trade with confidence and discipline. Stay tuned for our daily updates! Please support us with likes, comments, and follows to keep these insights coming. 📉💰 The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
Starbucks (SBUX) Brewing a Breakout? Don’t Miss This $100 BattleStarbucks (SBUX) 2-Hour Chart Breakdown Hey traders, let’s dive into Starbucks (SBUX) on the 2-hour chart and see what’s cooking. The price is sitting at $99.65 right now, up a tiny 0.01%, but don’t let that small move fool you—this chart has been a wild ride lately, and I think we’re at a really interesting spot for a potential trade. What’s Been Happening with the Price? If you look at the chart, you’ll see Starbucks hit a high of $112.38 back on March 17th. That was the peak, and man, did it come crashing down after that! The price tanked all the way to $97.34 by early April, a pretty steep drop. Since then, though, things have calmed down a bit, and we’ve been stuck in this tight range between $97.34 and $100.00. Lately, the price has been pushing toward the upper end of that range, and it’s got my attention. Let’s Talk Trends From mid-March to early April, we were in a clear downtrend. You can see it on the chart—lower highs, lower lows, and a descending trendline that kept the price in check as it slid down. It was a bear’s paradise, and there’s even a sell signal marked on the chart from that $112.38 peak that caught a massive 27.96% profit on the way down. Not bad at all! But now, things are starting to shift. After hitting that $97.34 low, the price has been consolidating, and just recently, it broke above that descending trendline. That’s a big deal because it tells me the bears might be losing their grip. We’re not in a full-on uptrend yet, but the momentum feels like it’s tilting toward the bulls, especially with the price testing that $100.00 level. Key Levels to Watch Let’s zoom in on the levels that matter here. On the downside, $97.34 has been a rock-solid support. The price has bounced off that level a couple of times in early April, so it’s a spot I’m keeping an eye on. If we drop back down, that’s where I’d expect buyers to step in again. On the upside, $100.00 is the big resistance we’re testing right now. The price has struggled to break through here before, so it’s a critical level. If we can get a clean break above it, I think we could see a nice move higher. The next big resistance after that would be around $107.00, which was a swing high from late March, and then up toward $111.00 or even that $112.38 peak if things really get going. What the Past Signals Tell Us The chart has a couple of trade signals marked, which give us some context. That sell signal at $112.38 was a home run, as I mentioned—27.96% profit as the price collapsed. Then there’s a buy signal at the $97.34 low on April 5th, but that one only managed a peak profit of 0.27%. Not exactly a big win, and it makes sense because the price has been stuck in this range since then. It’s like the market’s been taking a breather, trying to figure out its next move. Digging into the Technicals Alright, let’s get into the nitty-gritty of what’s happening on the chart. That break above the descending trendline is a bullish sign for me. It’s like the price is saying, “I’m done with this downtrend, let’s try something new.” We’re also in this consolidation range between $97.34 and $100.00, and when I see a range like that, I know a breakout is usually coming. The question is, which way? One thing that’s catching my eye is the potential for a double bottom pattern. We’ve got two tests of that $97.34 support, and if we can break above $100.00, that would confirm the pattern. If that happens, I’d measure the height of the pattern and project it upward, which could take us toward $107.00 as a first target. That’s something to watch for. I’d love to see volume on this chart to confirm the breakout, but from the price action alone, it feels like there’s some buying interest building as we push toward $100.00. If we get a strong candle closing above that level, I’ll be a lot more confident in the bulls. How I’d Trade This Setup So, what’s the play here? I see a few ways to approach this, depending on what the price does next. First, let’s talk about the bullish case. If we get a solid break above $100.00—ideally with a strong 2-hour candle and some good volume—I’d be looking to go long. My first target would be $107.00, and if we get some momentum, maybe even $111.00 or $112.38. I’d set my stop loss just below the recent swing low around $98.00 to protect myself in case this breakout fails. That trendline break and the potential double bottom make me think the bulls have a shot here. On the flip side, if the price gets rejected at $100.00—and I’ll be watching for something like a shooting star or a bearish engulfing candle—I’d consider a short. If we drop back down, $97.34 is the first target, and if that support breaks, we could even see $94.00, which is a psychological level and a spot where I’d expect some buyers to show up. For a short, I’d set my stop loss just above $100.65 to give it a little room. If you’re more of a scalper, you could play the range while we’re stuck in it. Buy near $97.34, sell near $100.00, and use tight stops outside the range—say, below $97.00 for longs and above $100.65 for shorts. It’s a decent way to grab some quick profits while we wait for the bigger move. A Word on Risk One thing I always remind myself is to keep risk in check. Starbucks has been volatile—look at that 27.96% drop from the peak! So, I’d be careful with my position size and aim for at least a 1:2 risk-reward ratio on any breakout trade. Also, keep an eye out for any news that might shake things up, like earnings reports or big economic data releases. Starbucks is in the consumer discretionary sector, so things like consumer spending trends or even coffee prices could move the stock. The Bigger Picture Speaking of the broader market, Starbucks can be influenced by how the NASDAQ 100 is doing, since it’s listed there. If the overall market is feeling optimistic, that could help push SBUX higher. On the other hand, if there’s a risk-off vibe, we might see that $100.00 resistance hold strong. It’s always good to check the bigger picture before jumping into a trade. Wrapping It Up So, where does that leave us? Starbucks is at a really interesting spot right now, testing that $100.00 resistance after breaking above the descending trendline. I’m leaning toward a bullish breakout, especially with that potential double bottom pattern, but I’ll be watching closely to see if we get confirmation above $100.00. If we do, I think $107.00 is a realistic target, with $111.00 or higher in play if the bulls really take control. But if we get rejected here, $97.34 is the level to watch on the downside. For now, I’d say be patient and wait for the price to show its hand. Whether you’re looking for a breakout or playing the range, there’s definitely an opportunity here. Just make sure to manage your risk and stay on top of any news that might move the stock. Let’s see how this plays out I’ll be watching this one closely!
NASDAQ:SBUXLong
by wolfchemist
1
Cardano: New Low or Off We Go?In line with our primary scenario, Cardano’s ADA should develop a new low as part of the blue wave (ii). However, this corrective move should conclude with sufficient distance from the $0.31 support so that the blue wave (iii) can take over afterward and drive the price decisively above the $1.32 resistance. That said, our 40% likely alternative scenario suggests that the low of wave alt.(ii) in blue may have already been settled back in February. Confirmation of this alternative trajectory would arise with a clear breakout above $1.32.
BINANCE:ADAUSD
by MarketIntel
4
Gold (XAU/USD) Chart Analysis & Trade SetupGold (XAU/USD) Chart Analysis & Trade Setup **📊 Chart Breakdown:** 1. **Support & Resistance Zones:** - **Resistance Zone (Green - R1 & R2)**: Around **3,030 - 3,040**, indicating a strong supply area where price previously faced rejection. - **Support Levels (Red - S1, S2, S3)**: Between **3,010 - 3,000**, where price has found demand and bounced multiple times (green arrows). 2. **Moving Averages (EMA):** - **7 EMA (Red Line) - 3,019.87** - **21 EMA (Purple Line) - 3,020.14** - **50 EMA (Yellow Line) - 3,020.60** - Price is currently hovering around these EMAs, indicating a key decision zone. 3. **Price Action & Expected Moves:** - The **red arrows** suggest a potential **bullish bounce** from support areas **S1, S2, or S3**, targeting **R1 & R2 resistance levels**. - If price **holds above 3,010** and forms bullish confirmations (like pin bars, engulfing candles), **buyers may push price towards 3,030 - 3,040**. - If **price breaks below 3,010**, a deeper decline towards **3,000 - 2,990** (S3) is likely. **📌 Trading Plan:** 🔹 **Bullish Scenario (Buy Trade Setup):** - **Entry:** Near **S1-S2 (3,010 - 3,005)** on bullish confirmation. - **Targets:** **3,025 - 3,030 - 3,040**. - **Stop Loss:** Below **3,000**. 🔹 **Bearish Scenario (Sell Trade Setup):** - **Entry:** Near resistance **3,030 - 3,040** if rejection occurs. - **Targets:** **3,010 - 3,000 - 2,990**. - **Stop Loss:** Above **3,045**. **Conclusion:** 🔻 **Support holding = Buy towards 3,030-3,040**. 🔺 **Break below 3,010 = Further decline to 3,000-2,990**. 📉 **Watch price action for confirmation before entering trades!**
FOREXCOM:XAUUSD
by TradingStar090
Silver Insights: Aggressive Strategies and Bullish SentimentHello, friends! I’m excited to share some observations on Silver. Yesterday, I came across a couple of intriguing portfolios focused on this metal. The first one is an aggressive call spread at $40-$40.25, while the second portfolio is a "butterfly" spread, positioned slightly lower. Both portfolios are designed to capitalize on price movement, but the first one could yield a threefold profit with just a little push in its direction. The second one, however, will require some time and ideally needs to reach around $38 by the end of April. From a technical standpoint, the chart shows a "spring compression", which often leads to the emergence of such portfolios. While I don’t place too much weight on predictive elements, the sentiment remains bullish. Stay tuned, plan your trades and let’s see how this unfolds! Always do your own research but do no hesistate visit us to leverage the comprehensive analysis from our team to enhance your trading advantage! 💪💼
FOREXCOM:XAGUSDLong
by ClashChartsTeam
Gold (XAU/EUR) – Potential Sell Setup from Rising Wedge📉 Market Structure & Pattern: The chart shows a broadening wedge pattern followed by a rising wedge formation. Price has reached the upper boundary of the descending channel, where a potential sell-off could begin. 📉 Bearish Outlook: The sell signal is indicated near 2,811 EUR, suggesting a possible reversal. The target area is around 2,769 - 2,700 EUR, aligning with previous support zones. If the price breaks below the wedge structure, further downside momentum is expected. 📌 Trading Plan: Bears may look for short opportunities around resistance. A break below 2,794 EUR could confirm further downside. Bulls should monitor price action for any rejection near support zones for potential buying opportunities. ⚠️ Risk Management: A break above 2,815 EUR could invalidate the bearish setup. Stop-loss placement above resistance is advisable to minimize risk.
OANDA:XAUEURShort
by PIPsOptimizer
Palantir: Successful!PLTR effectively initiated a directional change within our now-gray Target Zone, and potential long trades opened within this range should already be significantly in the black. We locate the price in the corrective movement of the green wave , which should develop through the magenta waves (A) to (E) within a pink triangle formation. Ideally, the stock should remain above the low of wave (A), which has just been settled in our Target Zone. Only after the corrective movement has concluded do we expect the transition into the green wave , which should lead the stock to new highs. A premature breakout above the $125.40 mark is possible in our alternative scenario, but it is only rated with a 33% probability.
NASDAQ:PLTR
by MarketIntel
1
Perfect Bearish Setup Trendline Breakout Alert!Hello Trader! 👋 Scenario 1: 📉 Picture this: You're analyzing a solid bearish trend on the M3 or H1 chart, and you've just spotted a trendline break with serious potential for a sell opportunity. 🔥 The momentum is strong, and everything aligns perfectly. 🚀 The market is pushing lower, and it looks like it’s ready to move further down. The entry signal is solid, confirming a valid opportunity to take a short position! 📉 Now, the exciting part—the target zone! 🎯 We’re eyeing a liquidity area around 3000, which is a key level where price could see some action. 🔄 But wait, there's more! Your secondary target level is around 2990, which could offer even more potential for profit as the market drives lower. 💰 Of course, always follow your risk management**—control your position size, set your stops wisely, and let the market do the work! 🛑⚖️ Trading is all about discipline , and with the right mindset, you'll maximize those winning moves. 🏆 Stay focused, keep an eye on the price action, and be ready to react! 💪 Let’s trade smart and make those profits! 😎💥
TVC:GOLD
by ANNA_EXPERT
Silver Rises as Markets Eye Trump TariffsSilver rose above $33 on Tuesday, rebounding as trade and economic concerns supported safe-haven demand. Hopes that Trump may adopt a more targeted tariff plan ahead of the April 2 deadline offered some relief, though his new pledges to tax autos and pharmaceuticals added uncertainty. Expectations of further Fed rate cuts also supported silver. Markets now anticipate one cut in June, another in September, and growing chances of a third in December. If silver breaks above $33.80, the next resistance levels are $34.05 and $34.85. On the downside, support is at $33.10, with further levels at $32.50 and $32.15 if selling pressure increases. 
FOREXCOM:XAGUSD
by ChartMage
Safe-Haven Demand Keeps Gold ElevatedGold edged above $3,020 on Wednesday, near record highs, supported by safe-haven demand amid uncertainty over upcoming US reciprocal tariffs. Trump's April 2 tariff plan is expected to be more targeted than past proposals but still signals a major escalation in trade tensions. Markets now await Fed officials’ speeches and Friday’s US PCE data for policy clues. Meanwhile, a U.S.-brokered pause in sea and energy attacks between Ukraine and Russia, along with possible sanctions relief for Moscow, slightly eased bullion's appeal. Key resistance stands at $3082, with further levels at $3100 and $3,150. Support is at $3000, followed by $2,980 and $2,916.   
EIGHTCAP:XAUUSD
by ChartMage
Pound Slips to $1.29 on Soft InflationThe British pound dipped to around $1.29 as traders reacted to softer inflation data and looked ahead to the Spring Statement. UK annual inflation eased to 2.8% in February, below the 2.9% forecast but in line with the BoE's outlook. Services inflation remained at 5%. The BoE expects inflation to rise toward 4% later this year. Markets see a 92% chance of a 25bps rate cut in August and about a 60% chance of another by year-end. Chancellor Rachel Reeves is set to outline the economic outlook and announce major government spending cuts. If GBP/USD breaks above 1.3050, the next resistance levels are 1.3100 and 1.3150. On the downside, support stands at 1.2860, with further levels at 1.2800 and 1.2715 if selling pressure increases. 
by ChartMage
Eurozone Growth Slows, ECB Leans DovishThe euro hovered near $1.08, its weakest since March 6, as investors digested PMI data and ECB comments. Eurozone private sector activity grew at its fastest pace since August but missed expectations, with manufacturing rebounding and services slowing. ECB’s Cipollone and Stournaras signaled growing support for a rate cut, possibly in April, citing faster disinflation. Lagarde warned of weaker growth but downplayed inflation risks from EU-U.S. trade tensions, suggesting no rate hikes. De Galhau also noted room for further easing. Key resistance is at 1.0860, followed by 1.0950 and 1.1000. Support stands at 1.0730, with further levels at 1.0660 and 1.0600. 
by ChartMage
Yen Steady Near 150.7 as Dollar StrengthensThe Japanese yen hovered near 150.7 per dollar on Tuesday as the U.S. dollar strengthened. Concerns grew over Japan’s exports following Trump’s proposed tariffs on autos and pharmaceuticals. BOJ minutes showed officials remain open to future rate hikes, with one member suggesting a 1% rate by late FY2025. The central bank kept rates steady at 0.5% last week, citing global uncertainties. Key resistance is at 151.70, with further levels at 152.70 and 154.00. Support stands at 147.00, followed by 145.80 and 143.00. 
by ChartMage
Tariff Fears Drive Silver to $33.10Silver rose above $33.10 per ounce on Tuesday, snapping a four-day losing streak. The market focused on U.S. diplomatic efforts in the Russia-Ukraine conflict and escalating violence in the Middle East after an Israeli airstrike on a Gaza hospital. A weaker U.S. dollar also supported silver, with concerns growing that Trump’s proposed tariffs could slow economic growth, fueling speculation of further Fed rate cuts. Meanwhile, investors assessed China’s outlook after Premier Li Qiang urged global cooperation to stabilize economic conditions. If silver breaks above $33.75, the next resistance levels are $34.05 and $34.85. On the downside, support is at $33.10, with further levels at $32.50 and $32.15 if selling pressure increases. 
FOREXCOM:XAGUSD
by ChartMage
Gold Nears $3,010, PCE in FocusGold hovered around $3,010 per ounce after three straight losses as markets observed Trump’s mixed tariff signals. He suggested possible levies on cars and Venezuelan oil but hinted some countries may be exempt from next week’s reciprocal tariffs, creating uncertainty. Gold remained supported, though pressure came from Fed official Raphael Bostic, who forecast slower inflation progress and just one 25bps rate cut this year. Friday’s PCE data is now awaited for more clues on the Fed’s next move.
EIGHTCAP:XAUUSD
by ChartMage
GBP/USD Stable at $1.292: Budget AwaitedGBP/USD is trading steadily around $1.292 as markets await British finance minister Rachel Reeves’ spring budget update. Despite dollar strength from solid U.S. data and rising Treasury yields, the pound remains resilient, supported by cautious optimism over the UK’s fiscal outlook. Traders are watching the upcoming budget for clues on spending and economic forecasts, which could impact GBP/USD in the near term. If GBP/USD breaks above 1.3050, the next resistance levels are 1.3100 and 1.3150. On the downside, support stands at 1.2860, with further levels at 1.2800 and 1.2715 if selling pressure increases. 
by ChartMage
US PMI Strength Drives Dollar HigherEUR/USD is trading at $1.08 as the U.S. dollar strengthens on solid U.S. services PMI data, which signaled economic resilience and pushed yields higher. Confidence in the dollar was further enabled by Trump’s remarks suggesting not all April 2 tariffs will be implemented, with possible exemptions for some countries. Meanwhile, the euro is under pressure as its recent rally fades and Eurozone economic signals weaken, keeping EUR/USD on a downward path driven by dollar strength. Key resistance is at 1.0860, followed by 1.0950 and 1.1000. Support stands at 1.0730, with further levels at 1.0660 and 1.0600.
by ChartMage
Japan's Tariff Worries and BOJ Rate Hike HintsThe Japanese yen remained weak around 150.7 per dollar on Tuesday, near a three-week low, as the U.S. dollar gained strength. Trump's plan to impose tariffs on autos, pharmaceuticals, and other sectors raised concerns for Japan’s export-driven economy. BOJ minutes from January showed officials remain open to future rate hikes depending on wage and inflation trends, with one member suggesting a possible increase to 1% in late fiscal 2025. Still, the BOJ kept rates steady at 0.5% last week, maintaining a cautious stance with global tensions. Key resistance is at 151.70, with further levels at 152.70 and 154.00. Support stands at 147.00, followed by 145.80 and 143.00. 
by ChartMage
XAU/USD (Gold) Trade Setup – Descending Channel Strategy📉 XAU/USD (Gold) Trade Setup – Descending Channel Strategy #### **🔹 Summary:** Gold is trading within a **descending channel**, indicating a bearish trend. The strategy is to **sell near resistance** and **target support levels** unless a breakout occurs. --- ### **📌 Bearish Trade Setup (Sell Strategy)** **🔻 Sell Entries:** 1️⃣ **3,020 - 3,030** (Upper boundary of the channel) 2️⃣ **3,015 - 3,018** (Rejection from the 21 EMA) **🎯 Take Profit (TP) Targets:** ✅ **TP1:** 3,000 (Key support level) ✅ **TP2:** 2,980 (Next major support) ✅ **TP3:** 2,960 (Extended target if momentum continues) **🚨 Stop Loss (SL):** **Above 3,035-3,040** (Breakout invalidates the setup) **📊 Confirmation Signals:** ✔ EMA rejection (21 EMA acting as resistance) ✔ Volume increase near resistance ✔ Bearish candlestick patterns (Engulfing, Shooting Star) --- ### **📈 Alternative Bullish Setup (If Breakout Occurs)** If price **breaks above 3,040**, it may signal a reversal. **🔹 Buy Entry:** **Above 3,040 (Confirmed breakout & retest)** 🎯 **Targets:** 3,095 , 3080 🚨 **SL:** Below 3,030 --- ### **✅ Conclusion:** 🔻 **Primary Plan:** Sell on rallies within the channel. 🔺 **Alternative Plan:** Buy only if price breaks 3,040 with strong volume. 📉 **Stick to risk management & confirmations!**
OANDA:XAUUSDShort
by TradingStar090
Descending Channel in XAU/USD (Gold)Trade Setup for Descending Channel in XAU/USD (Gold) **📉 Bearish Trade Setup (Sell Strategy)** Since the price is trending within a descending channel, the best trade approach is to **sell at resistance** and **target support levels**. **📌 Entry Points:** 🔹 **Sell Entry #1:** Near the upper boundary of the descending channel (~3,020 - 3,030). 🔹 **Sell Entry #2:** If price retests and fails to break above the 21 EMA (~3,015 - 3,018). **🎯 Target Levels (Take Profit - TP):** ✅ **TP1:** 3,000 (Psychological level and lower channel support) ✅ **TP2:** 2,980 (Next major support zone) ✅ **TP3:** 2,960 (Extended target if the trend continues) **🔒 Stop Loss (SL):** 🚨 **SL Above 3,035-3,040:** If price breaks out above the descending channel, it invalidates the setup. **📊 Trade Confirmation:** ✅ **EMA Rejection:** Watch for price rejecting the **21 EMA (Blue Line)** as resistance. ✅ **Volume Analysis:** Look for increased selling volume when price approaches resistance. ✅ **Bearish Candlestick Patterns:** Such as **bearish engulfing, shooting star, or evening star** near resistance. **📈 Alternative Bullish Setup (If Trend Breaks Upward)** If price **breaks above 3,040 with strong volume**, it could signal a trend reversal. In this case: 🔹 **Buy Entry:** After a confirmed breakout & retest above 3,040. 🎯 **Targets:** 3,060 - 3,080. 🚨 **SL:** Below 3,030. **Conclusion:** 🔻 **Primary Strategy: Sell on Rallies within the Channel.** 🔺 **Alternative Plan: Wait for a Bullish Breakout Before Buying.** 📉 **Stay disciplined with Stop Loss & Risk Management!*
FX:XAUUSDShort
by elitetrader9090