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Gold Spot / U.S. Dollar **🔹 Chart Instrument:** Gold Spot / U.S. Dollar (XAUUSD) **🔹 Timeframe:** 30-minute chart **🔹 Published Date:** April 10, 2025 **🔹 Current Price:** ~3123.92 --- ### 📉 Trade Setup (Short Position) - **Entry Zone:** 3129–3131 This is the suggested area to enter a short (sell) position. It's within a highlighted purple resistance zone, indicating potential price rejection. - **Stop Loss (SL):** 3136 Positioned just above the resistance zone, this protects against further upside movement if the trade goes wrong. - **Take Profit (Target):** 3050 This is the downside target, anticipating a move lower from the resistance. --- ### 🟪 Zone Highlighted - A **purple rectangular zone** marks a strong resistance area where the price previously reacted. This is the key area for potential reversal. --- ### 💡 Strategy Insight: The chart shows a rising trend leading into a resistance zone, suggesting a possible **reversal or pullback**. The trader is looking to capitalize on a **short-term decline** from that resistance level.
FX:XAUUSDShort
by Michael-trades-
GBP/USD Maintains a Consistent Upward ChannelThe bearish bias seen in previous sessions appears to have paused temporarily, giving way to a notable bullish momentum, which has driven gains of over 1% in the short term in favor of the British pound. Today’s White House announcement to temporarily pause tariffs on several previously threatened countries—excluding China, which could face tariffs of up to 125%—has weakened the U.S. dollar in the short term. This shift has allowed the British pound to regain ground, supporting a steady bullish bias in the GBP/USD pair. Upward Channel Since January 14 of this year, bullish strength has been dominant, forming a clear ascending channel that has repeatedly pushed the price above the 200-period moving average. Recent bearish swings have failed to break through the ascending trendline, which remains intact, making this bullish channel the most important formation to monitor for now. TRIX Despite recent declines in the TRIX line, the indicator continues to oscillate above the zero level. This suggests that buying momentum remains intact when averaging recent moving periods. As long as the TRIX line continues to hold above the neutral level, bullish strength may become increasingly consistent in the short term. RSI The RSI line is approaching the 50 level, which marks the neutral zone on the indicator. However, if a significant breakout above this level occurs, bullish impulses could become dominant in the market—potentially strengthening upward pressure on GBP/USD. Key Levels: 1.29275 – Near Resistance: This level represents the recent weekly high. Bullish moves above this level could reinforce the short-term buying bias and lead to more sustained upward momentum. 1.27772 – Near Barrier: This level aligns with the 200-period moving average. Continued price action around this zone may lead to neutral consolidation and the formation of a short-term sideways range. 1.26183 – Final Support: This level corresponds to late February lows. A confirmed break below this support could signal the end of the current bullish channel. By Julian Pineda, CFA – Market Analyst
by FOREXcom
ETH-----Sell around 1900, target 1530 areaTechnical analysis of ETH contract on April 10: Today, the large-cycle daily level closed with a large positive line yesterday, and the K-line pattern was a single positive line with continuous negative lines. The price was still at a low level, and the attached indicator was dead cross. Although the current rebound trend is relatively strong, it is a correction in terms of both the trend pattern and the basic technical indicators. The large-cycle price is suppressed, and it is difficult to continue and form a trend. This is inevitable; the current K-line pattern of the four-hour chart is continuous negative, and the price has also reached the pressure position of the moving average. From the perspective of the pattern, it is very likely to go in the shape of a head and shoulders top. The high point of yesterday's rebound is the top. The short-cycle hourly chart was under pressure and retreated in the morning. The current continuous negative decline, the attached indicator is dead cross running. Today's ETH short-term contract trading strategy: Sell directly in the current price area of ​​1600, stop loss in the 1630 area, and target the 1530 area;
Short
by BraveTigercat
DeGRAM | DXY broke the triangle downwardDXY is in a descending channel under a triangle. The price is moving from the upper boundary of the channel, resistance level and upper trendline, which previously acted as a pullback point. The chart failed to form an ascending structure, but it formed a harmonic pattern and broke down the mirror support level, which now acts as resistance. On the main timeframes, the relative strength index is below 50 points. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
TVC:DXYShort
by DeGRAM
1
Look for Buys on litecoin at bottomHello, The most common advice given to new investors is to "buy low and sell high." While this sounds simple, it’s one of the hardest strategies to execute due to the psychological challenges of investing. Emotions like fear and greed often override rational decision-making, leading many to act against their best interests. Why does this happen? Greed drives investors to buy at market peaks, chasing the belief that prices will continue to rise indefinitely—yet markets rarely sustain upward momentum forever. Conversely, fear prompts selling at the bottom, as investors panic and assume prices will keep falling. This behavior causes them to miss out on both profit-taking opportunities and long-term growth potential. Taking Litecoin as an example. As shown in the chart, it has been consolidating near its bottom for over 1,000 days. Buying at this level could be a strategic move, offering the potential for gains exceeding 700% in the long run. Investors looking to buy can position themselves for buys at around $600. Our long-term target for this coin is $3,000. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:LTCUSDLong
by thesharkke
Silver (XAGUSD) might have launched into the next leg higherSilver (XAGUSD) has hit a key turning point after dropping from its October 23, 2024 peak. This decline unfolded in three distinct swings, following a zigzag pattern known as an Elliott Wave structure. Starting from that high, the first drop (wave A) landed at 29.68, followed by a bounce (wave B) to 34.58. Then, the final slide (wave C) bottomed out at 28.328, as seen on the hourly chart. This marked the end of a larger correction phase, called wave (4). Silver found its footing in a critical support zone between 24.86 and 28.56—a range calculated using Fibonacci tools, stretching 100% to 161.8% of the drop from the October high. Now, silver is climbing again in what’s labeled wave (5). To confirm this upward trend, it needs to break past the prior peak of 34.86 from wave (3); otherwise, it might face another dip. Since bottoming out on April 7, 2025, at 28.328, silver rose to 30.81 (wave (i)), then eased back to 29.31 (wave (ii)). For now, as long as the 28.32 level holds firm, silver seems set to keep rising in the short term, offering hope for bullish traders.
FX_IDC:XAGUSD
by Elliottwave-Forecast
Tesla Taps the Golden Zone – Is the Launch Sequence Engaged?Tesla (TSLA) has shown textbook precision by respecting the golden zone after a significant sweep of previous highs. Rather than violating the last HTF low—which would’ve hinted at deeper downside—price instead retraced cleanly into the OTE (Optimal Trade Entry) range and reacted with strong bullish intent. This move indicates a healthy retracement rather than weakness, suggesting a continuation to the upside. Confirmation of this potential bullish leg would be a sustained close above the 272–300 level, which aligns with previous buyside liquidity zones and Fibonacci confluence. Key Observations: - Golden Zone respected: Price bounced cleanly between the 62–79% fib levels. - HTF low protected: No violation of higher timeframe bullish structure. - Volume spike supports the reversal move. Targets: - Short-term: 300.61 - Mid-term: 416.67 - Long-term swing: 861.17 (over 255% potential gain) Conclusion: Tesla looks set for lift-off 🚀. The reaction at the golden zone and the preservation of structure give high confluence for a potential explosive move higher. Wait for confirmation via price continuation and structure integrity. As always — DYOR (Do Your Own Research).
NASDAQ:TSLALong
by INSIDER_INTEL
#Bitcoin Update This is what you need to watch now!Initial rejection in play. Price has been rejected four times at this level, weakening the resistance zone over time. The dark grey resistance area needs to be taken out by the bulls for any sustained upside movement. Given the repeated tests, this zone will likely break sooner rather than later. Just to be clear I’m not leaning bearish. This still looks like a potential breakout setup in progress. Chart structure > Noise. Let’s see how the price reacts next. Do hit the like button and share your views in the comment section! Thank you #PEACE
by Cryptorphic
Is It Another Chance To Sell GBP/AUD ? Another 250 Pips ?Here is my opinion on GBP/AUD , After we enter a sell trade yesterday with double top pattern , and it`s hit +250 Pips , should we re enter ? or it will be risky ? please tell me your opinion . This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Short
by FX_Elite_Club
USDJPY Moment of truth for the long-term bullish trend.The USDJPY pair has been trading within a Channel Up since the October 17 2022 High and right now the current 1W candle is very close to its bottom (Higher Lows trend-line). This offers a low risk trading set-up. Confirmed buy will be if the price breaks and closes a 1W candle above the 1W MA50 (blue trend-line), in which case our Target will be July's Resistance at 161.500 (similar to the 2023 Bullish Leg). If on the other hand it breaks and closes a 1W candle below the Channel Up, turn short and target the 1W MA200 (orange trend-line) at 139.500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
$DAKU Set for A 50% Surge Amidst Bouncing From Support Point Der Daku ($DAKU) a token created and deployed on the Solana blockchain from the pump.fun platform has graduated from a bonding curve and transition to Raydium a DEX on the Solana ecosystem is set to break with an estimated 50% surge. The asset is trying to find support in the $0.045 pivot. Should $DAKU consolidate from that point, a breakout is imminent without major CEX listings and a thriving community with about 19300 members on Telegram and about 1039 followers on X. This Dog-themed memecoin on Solana ecosystem could be the next big thing with the RSI at 44.52 this only proffers more room for a breakout albeit the crypto market is highly volatile. The $0.07 pivot is acting as a resistant point should buyers break above this point, $DAKU will be setting course for a new all time high price.
RAYDIUM:DERDAKUSOL_DTAGDC.USDLong
by DEXWireNews
Gold----Buy around 3100, target 3135, 3160Gold market analysis: The fundamentals are more inclined to buy in the past two days. The market is very crazy. When you operate, you must take a loss on each order. Don't bet on it in such a rare market in a decade, otherwise it will make you doubt your life. It is still a volatile market at the beginning of this week. We are still intercepting in the range. Yesterday, gold suddenly turned around in the morning session, and a new buying momentum began to rise. We decisively took profits from 3113 to 3130 in the Asian session. We should chase the unilateral market and wait for the volatile market. The unilateral performance of the US market from yesterday to this morning has been very obvious, and a new buying structure has started. Today, we need to follow it to buy after the retracement. There are too many days of uncertainty in the trade war, and following is the king. In addition, there are heavyweight CPI data in the evening. Gold surged to around 3132 in the Asian session. The previous high point of the small top was around 3135. This is expected to fall back. Today's idea is to buy at a low price. Even if there is a fall in the Asian session, we will not consider selling. The small support is around 3100, and the strong support is around 3077. Consider continuing to buy in the Asian session. Above 3135 is a buying danger zone. Buying at this position must be a support position. Support 3100 and 3077, pressure 3135, the strength and weakness watershed of the Asian session is 3100. Fundamental analysis: Tariffs are the biggest fundamental in the near future, and the market impact is relatively large. Today we focus on CPI data. Operation suggestions: Gold----Buy around 3100, target 3135, 3160
OANDA:XAUUSDLong
by BraveTigercat
DeGRAM | DXY seeks to close the gapDXY is in a descending channel between trend lines. The price is moving from the support level, which has already acted as a reversal point twice. During the decline, the chart formed a gap and afterwards formed an inverted hammer and a harmonic pattern. On the 1H Timeframe, the Relative Strength Index is in the oversold zone and indicates bullish convergence. We expect the index to head towards the gap after breaking the 38.2% retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
TVC:DXYLong
by DeGRAM
1