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Gold hits record high: Is a reversal coming?📉 Gold Returns to All-Time High: Is a Major Correction on the Horizon? 🔍 Strong Reaction at Historical Highs Gold has returned to its all-time high zone, and as it touched this level, prices have seen a significant reaction, dropping $20 to around $2,770. On the H4 timeframe, candles show strong selling pressure at the highs, signaling a potential deeper correction. As the market opens next week (Monday), there is a high likelihood of a GAP (price gap) forming on smaller timeframes due to the current momentum. 📊 Technical and Fundamental Insights Double Top Formation: Gold shows signs of forming a Double Top pattern at its historical peak. Combined with technical signals, this suggests a possible short-term corrective wave. Crucial News from FED and Trump: Next week, the market anticipates critical updates from the Federal Reserve (FED) regarding interest rate policies. President Trump’s fiscal and monetary policy announcements could also drive significant volatility in gold prices. Low Liquidity Conditions: With many Asian nations entering their Lunar New Year holidays, market liquidity is expected to decline, potentially leading to heightened volatility. 🌟 Price Behavior Analysis Based on insights from DXY, SWAP CHARGE, and FVG analyses: DXY Weakness: While DXY's weakness supports gold, heavy selling pressure near the highs indicates a possible corrective phase. SWAP CHARGE Shifts: The shift from buying to selling suggests that selling pressure is currently dominant, supporting the likelihood of a gold correction. 💡 Key Levels to Watch Next Week Resistance: $2,786 - $2,790: This is the previous all-time high and a critical resistance level. A breakout above this zone could trigger a stronger bullish trend. Support: $2,758 - $2,735 - $2,718 - $2,694: These are the major support zones to monitor in case of a deeper correction. 📢 Conclusion: Given the current dynamics, gold appears poised for a potential correction after testing its all-time highs. This aligns with technical signals and fundamental developments. Traders should closely monitor key levels and upcoming announcements from the FED and President Trump to stay ahead of market movements. 👉 Follow KevinNguyen-SimpleTrade for more in-depth analysis and market updates! 🚀
OANDA:XAUUSDShort
by KevinNguyen-SimpleTrade
DXY Will Go Up! Buy! Here is our detailed technical review for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 107.464. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 109.437 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYLong
by SignalProvider
1
Sell, Hold, or Hope? Netflix Approaches $1000Hi, Looking at Netflix's historical price behavior around psychological round numbers ($100, $500), we see a pattern that indicates it might be a good idea to lock in some profits at these levels. Why? - Round numbers often act as psychological barriers where prices tend to consolidate or range for a while, limiting further growth. - There's a significant chance of a correction, especially after a strong rally like the one we've seen recently. Both of these scenarios suggest it's worth considering taking some money off the table. One thing is for sure: please avoid letting FOMO influence your decisions at these prices - don't buy it at the moment. There will be better changes, just be patient enough! Historical Examples of Psychological Round Numbers $100 Level (2015-2016) In July 2015, Netflix approached the $100 level. While it did show some upward movement, the price largely ranged around this area until late 2016. It was stuck for months, offering limited returns for those who didn't react. $500 Level (2021-2022) Around $500, Netflix once again demonstrated the same behavior. For about a year, the stock did little more than range around this level. This shows how powerful round numbers can be as areas of stagnation. Current Major Level: $1000 While Netflix has surpassed previous round numbers, $1000 is shaping up to be the most significant psychological level yet. The rise to this point has been enormous, and history suggests that sooner or later, a correction is likely. If you're not prepared to hold through a potential correction or consolidation, the current price levels might be an ideal time to lock in profits. Long-term holders who stick to their thesis might choose to ride this out, the choice is yours. However, for mid-term investors, locking in some gains here could be a wise move! "Sell, Hold, or Hope?" Let's say in that way - I hope that some holders will sell around current prices! ;) All the best, Vaido
NASDAQ:NFLX
by VaidoVeek
ETH Uptrend; Buy with ConfirmationIdeal: 3,100–3,200 (pullback to the 23.6%–38.2% Fibonacci zone) with confirmation exBullish candlestick pattern Stochastic Oscillator exiting oversold territory. Increasing volume on the rebound. Profit Targets: Target 1: 3,600 (psychological resistance). Target 2: 3,800–4,000 (historical resistance levels). Stop Loss: SL: 2,950–3,000 (below the demand zone and 38.2% Fibonacci level). Risk-Reward Ratio: 1:3 (Example: Risk 100 pips, Target 300 pips).
BINANCE:ETHUSDLong
by robbymartha
1
Gold (XAU/USD) - Bullish Setup from FVG and OB Price has retraced into the Fair Value Gap (FVG) and is approaching the Order Block (OB), which aligns perfectly with the Golden Zone of the Fibonacci retracement (50%-61.8%). This confluence strengthens the demand zone, increasing the probability of a bullish reaction. A clean move upward is anticipated, targeting the range above. Entry can be taken on confirmation within the FVG or OB, with stops placed below the OB for a favorable risk-to-reward ratio. If the candle break and close 2762 we have a clean range till 2753 OB we can take sell till 2753 or we can enter the trade after the market tap the OB filling the range
OANDA:XAUUSDLong
by XAUGoldMaster
"XAU/USD: Short from H1 Wick and M30 Order Block""After transitioning into a bearish trend, I am considering a short position on XAU/USD from the M30 order block, which formed after the structural shift. On Monday, I expect the price to break structure and return to clear liquidity from hedged positions. The entry zone aligns with the H1 wick, which swept previous highs and is fractally aligned with the M30 order block. I anticipate a reaction from this zone. First Target (FTA): The previous significant swing low. This level also contains the full fill of the imbalance."
OANDA:XAUUSD
by KaraTrade01
WOO/USDT: Stop Buy Order Set > Watching for BreakoutHey traders, Here's a quick look at a potential BINANCE:WOOUSDT long setup I'm watching. Following a dip to $0.1700, WOO seems to have found support and is potentially gearing up for a move higher. >>I've set a stop buy order just above $0.1780 to enter if it breaks out.<< Good luck out there! Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. I am not a financial advisor. Trading cryptocurrencies involves significant risk, and you could lose some or all of your investment. Conduct your own research and due diligence before making any trading decisions. Past performance is not indicative of future results.
Long
by Arash-RK
SOLANA on the verge of a parabolic breakoutHi all, happy Saturday. COINBASE:SOLUSD has seen a recent rapid rise due to increased memecoin volume and a proposal a Solana ETF. The new administration could also bring potential further bullish momentum for the alt-coin. In addition, from a technical perspective, Solana has recently break it's previous 2021 all-time high on strong volume which is possible bullish sign for continued upward momentum in the coming months. Highlighted is an ultra-bullish scenario where we see a 10x move to the upside similar to 2 previous occasions shown in the chart. More conservatively, I am confident we can see a $450-$500 price by the end of this calendar year - which would still yield an impressive 100% return. Happy trading, and have a great weekend!
COINBASE:SOLUSDLong
by jabs11
2
#XAUUSD (GOLD) READY TO SELL OR BUY ?Hello Everyone, Here is My Today's #XAUUSD (Gold) Analysis Today on 27th January 2025 Gold Current Price: $2751 Gold is currently consolidating around the ($2747–$2754) range, awaiting a breakout for the next move. We are supporting a short-term sell till $2740 and a potential buy for the long term if conditions are met. 📉Bearish Scenario (Sell Setup): Short-Term : If Gold breaks below $2740 and closes a 4-hour candle beneath it, expect a bearish move towards $2736 $2726,and $2717. This sell setup will continue until the price holds above 2740 again. 📈Bullish Scenario (Buy Setup) Long-Term : If Gold holds above 2740 and starts to show bullish movement, we are considering it for a long-term buy with higher targets in mind. Long term buy may start from $2740 if not it's confirm from Demand Zone $2705 📊Key Levels 📉Support: $2748 / $2740 📉Demand Zone: $2713– $2705 📈Resistance: $2762 (First Resistance) 📈New All Time High : $2788 / $2798 📉 Bearish: below $2740 with targets at 2736 2726, and 2717 (Short-Term Sell) 📈Bullish: if 2740 holds, with potential to move higher toward $2662 and beyond (Long-Term Buy) For further updates on Gold, don’t forget to follow me! Please support with likes & comments. Thanks 🙏
FOREXCOM:XAUUSDLong
by Gold_Global_Club
Bitcoin (BTC):Buy The Rumour, Sell The News / Sellers DominatingAnother week of volatility is here! Last week's candle (which is marked as a candle of inauguration) made a new ATH before all the liquidity hunting, and now eventually we see price is seeing some decent selling pressures. Now our view on the bigger picture has not changed; we are still looking for some proper downfall to happen, which would shake out all the new traders and gamblers. We like to call this scenario "Buy the rumour, Sell the news." Now rumours are over so now the only thing left is action. Swallow Team
Short
by SwallowAcademy
USD/JPY H4 | Potential bullish bounceUSD/JPY is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 155.09 which is a multi-swing-low support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 154.00 which is a level that lies underneath a pullback support. Take profit is at 157.10 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
NIFTY: Trading levels and Plan for 27-Jan-2025📈 NIFTY 50 Trading Plan for 27-Jan-2025 📈 📊 Key Levels to Watch: Opening Support Zone: 23,055-23,161 Intraday Resistance Zone: 23,178-23,284 Last Intraday Resistance: 23,405-23,442 Final Profit Booking Zone: 23,540 Buyer’s Strong Support Zone: 22,867-22,762 🌟 Scenario 1: Gap-Up Opening (100+ points above 23,178) 🌟 If NIFTY opens significantly above 23,178: ✅ Wait for Retest: Avoid rushing into trades after a gap-up. Allow the index to retest the 23,178-23,161 support zone for confirmation of strength. 📈 Action Plan: If a bullish candle forms during the retest, initiate a long trade targeting 23,284 initially and extend to 23,405-23,442 . Keep a stop-loss below 23,150. 🚫 Caution Zone: If the index stalls near 23,405-23,442, it might indicate profit booking. Avoid fresh longs in this area unless there’s a breakout above 23,442. 💡 Pro Tip: Use a bull call spread strategy to capture the upside while managing risk effectively. 🚨 Risk Note: Avoid over-leveraging after a significant gap-up. Monitor the price action closely. 🔄 Scenario 2: Flat Opening (Near 23,090) 🔄 If NIFTY opens flat or within the No Trade Zone: 23,055-23,161: ⚪ Avoid Immediate Trades: This range is a no-trade zone due to indecision. Wait for a breakout above 23,178 or a breakdown below 23,055. 🔼 Breakout Strategy: If the price breaks above 23,178, go long targeting 23,284 and extend to 23,405. Use a stop-loss below 23,150. 🔽 Breakdown Strategy: If the index drops below 23,055, short trades can be initiated targeting 22,867-22,762. Maintain a stop-loss above 23,100. 💡 Pro Tip: Use a trailing stop-loss to lock in profits during trending moves. 🚦 Options Strategy: Consider selling straddles near the no-trade zone to take advantage of time decay, but hedge positions to avoid unlimited risk. 🌧️ Scenario 3: Gap-Down Opening (100+ points below 23,055) 🌧️ If NIFTY opens below 23,055: 📉 Focus on Buyer’s Support Zone: The 22,867-22,762 zone is critical for potential reversals. Look for bullish price action in this area. ✅ Action Plan: If a reversal pattern (e.g., hammer or bullish engulfing) forms near 22,867, enter long trades targeting 23,055. Use a stop-loss below 22,740. 🔥 Aggressive Selling Levels: If the price sustains below 22,762, further downside to 22,700 or lower is possible. Initiate shorts with tight risk management. ⚠️ Avoid Overtrading: Gap-down scenarios can be volatile. Wait for clear patterns and don’t rush into trades. 💡 Pro Tip: Use long straddle strategies to benefit from increased volatility in gap-down scenarios. 🛡️ Risk Management Tips 💡: 🔥 Never risk more than 2% of your capital on a single trade. 🎯 Stick to stop-loss levels and avoid emotional trading. 📈 Use option strategies (e.g., spreads, straddles) to limit risk in uncertain market conditions. 🧘 Stay patient. Avoid forcing trades if setups don’t align with your plan. 📝 Summary & Conclusion: Key Zones to Watch: 23,055 (support) and 23,178 (resistance). Gap-ups favor longs above 23,178 ; gap-downs focus on support zones like 22,867 . Strictly adhere to risk management principles. Use options wisely to hedge your positions and reduce exposure to volatility. ⚠️ Disclaimer: I am not a SEBI-registered analyst . All views shared are for educational purposes only. Please consult your financial advisor before making any trading decisions.
NSE:NIFTY
by LiveTradingBox
Bearish adventure startsMorning folks, So, here we go... downside action starts as we've discussed last time. On weekly chart we still wait for confirmation in a way of price close below 3x3 DMA. While on a daily one price hits oversold level. Those who know about this - we have DiNapoli bullish "Stretch" pattern for now, suggesting the pullback. That's why we do not consider immediate short entry. Our 4H Diamond has worked just perfect. So everything goes absolutely fine. For now we consider no longs on daily/weekly basis and waiting for the bounce, supposedly to ~102.20K area. Scalp traders on 1H TF and below could consider scalp long position with the same target. I mark this setup as bullish because of this pullback. But, in general we keep bearish view...
COINBASE:BTCUSDLong
by Sive-Morten
1
BTC is in a decision-making phase Bitcoin is trending upward, with prices rising from about 90,000 USDT all the way to nearly 105,000 USDT. Since late January, Bitcoin prices are entering a converging triangle area. The area is limited by a descending trend line above and a support line below. The current performance of the market shows that price fluctuations are getting smaller and smaller, indicating that market participants are waiting for a clear breakout signal. Support level: 91,361.70 USDT below, representing the recent low, this price has become a key support area. If Bitcoin prices fall below this support level, they may face greater downward pressure and even test lower support areas. Resistance level: 107,813.12 USDT above the price is the main resistance level, forming the upper boundary of the current triangle consolidation. If Bitcoin prices break through this resistance level, it will be possible to launch a new upward wave again. Currently, the price fluctuates above and below a gradually rising trend line, which is a typical triangle consolidation. In this form, the price usually enters a contraction range, and the fluctuation range gradually becomes smaller. At this point, we will closely watch whether the price breaks through the upper resistance line or falls below the lower support line. A breakout in either direction could bring a strong market reaction. If Bitcoin breaks through the upper triangle resistance line of 107,813USDT, it may retest and break through the upper high, pushing the price to a higher area, with the target possibly close to 112,000 USDT or even higher. If Bitcoin falls below the lower support line of 91,361.70 USDT, a strong downward trend may form, and the price may pull back to 90,000 USDT or even lower. Overall, the current market pattern shows a typical triangle consolidation pattern, which means that Bitcoin may continue to consolidate in the short term until it breaks through the key price above or below.
by RonPeter_Trading
1
4-hr US100: 700 Points Drop on the RadarFollowing the formation of a Double Top pattern at the 21,930 level last Friday, the NASDAQ has experienced a significant decline, plummeting by nearly 800 points. This downturn has been primarily driven by unfavorable manufacturing data emerging from China, alongside the Bank of Japan's unexpected interest rate hike on Friday. The market reaction closely resembles the Yen carry trade unwind observed in August of last year, as investors are swiftly reallocating capital from high-risk assets such as equities to traditionally safer alternatives. The Japanese Yen, recognized as a classic safe-haven asset, has seen increased demand amid the current market uncertainty. From a technical perspective, the US100 index currently exhibits an oversold condition, as indicated by the Relative Strength Index (RSI). However, the prevailing downward momentum remains robust, suggesting that a potential reversal may not be imminent. The price action has decisively breached multiple Fibonacci retracement levels in succession and is now approaching the critical 61.2% retracement level. Historically, this level has acted as a strong and final support zone. Should this support level fail to hold, further declines towards the 20,500 threshold and potentially lower levels should not be ruled out. Market participants should exercise heightened caution, as the Federal Reserve is scheduled to convene this Wednesday, with an anticipated decision to maintain interest rates. This forthcoming announcement is likely to exert additional downward pressure on the US100 index. Nevertheless, given the sharp recent declines, short-term corrective pullbacks to the upside remain plausible. In light of the current market conditions, a prudent trading approach would involve entering short positions only after the NASDAQ convincingly breaches and closes below the 61.2% Fibonacci retracement level, thereby confirming further bearish sentiment.
SKILLING:US100Short
by Trendsharks