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Gold key levels with both buy and sell entries 12/01 to 17/01Gold key support and resistance levels for the coming week . Ill look to enter a buy at 2692 monitering support and resistance levels to the upside. For a sell my entry would be 2684 . For Gold we have seen a rise after a strong drop , we have retraced from 2600 to 2690/91 area now we could see a correction to the downside again. As always trade safe wait for levels and conformation of entry. This is not finincial advice mearly shareing my technical analasis on gold for the coming week
OANDA:XAUUSD
by F0rexBorex
The last chance to jump on BITCOIN SHORT train What we see here is a 3 sell off tops in November, which turned to bearish wedge pattern, then followed by Wyckoff consolidation with 2 upthrust moves because of the gap that bitcoin left after last sell off and Swing Failure Pattern. All of this united by 5 top RSI bear divergence, week bearish divergence and CVD bear divergence Wyckoff reverse consolidation structure with two upthrusts happens, when price action breaks through major resistance with strong momentum, fills huge order blocks in one go and gets rejected after a while to fill the gaps, left by momentum and retest demand zones and support to fill orders. This is supported by Bitcoin CME futures analysis, where price action left a void at 77k, and it always tends to get back and fill it according theory and practice. Now at the moment we have a second upthrust which is the climax move of consolidation characterized by huge momentum candles, bearish patterns and manipulative moves like false breakouts/bull traps. All that is left to do is retest of 1/4 H timeframe supply and distribution phase should begin afterwards. Additional confirmations for higher probability trade is to wait for trendlines breakouts and retests Trade it at your own risk
Short
by Brodla
XAUUSD: Bullish Strom Is Coming Disclaimer: This analysis is not a trading advice but is published only study purpose. Greetings: Kindly Give your feedback in the comment section Gold Price Now: 2750 Gold is still bullish as after testing 2750 market is back to it bullish track. Market is working under a buy Parallel Bullish pattern which further indicates a bullish storm. If we talk about levels the supporting areas is 2745 which is also our buy zone from this area market will test the area of 2765 which can show a little resistance but if market breaks this area then its next target will be demand zone 2785. Supporting Area: 2745, 2730 Resistance Area: 2765, 2785 Demand Zone: 2785 Kindly like, comment, and support for more updates. Thanks for you support and precious time.
TVC:GOLDLong
by ATF_Trades_FX
$ETHUSD At resistance Ethereum is currently trading at a significant resistance level, making it a compelling opportunity for a short position until the end of March 2025. Resistance zones, often characterized by heavy selling pressure, can act as a ceiling for price movements, especially if the broader market sentiment remains cautious. Recent price action shows Ethereum struggling to break past this resistance, which aligns with technical indicators such as overbought conditions on the RSI and declining trading volumes. Macro factors, including regulatory uncertainty and reduced appetite for risk assets, further support the bearish outlook. The upcoming months could also see increased volatility as liquidity remains tight, and Ethereum faces challenges like slower network adoption or scalability concerns. Taking a short position here offers a favorable risk-to-reward ratio. A stop-loss slightly above the resistance level can help manage risk, while the downside potential could extend to Ethereum’s next support zone. Monitoring market catalysts, such as the Federal Reserve’s rate decisions or developments in blockchain technology, will be key in managing the trade. While shorting carries inherent risks, especially in crypto’s volatile landscape, this strategy aligns with the current technical and fundamental setup. Proper risk management and vigilance will be essential to navigate this position effectively. InverseTomPip
COINBASE:ETHUSDShort
by InverseTomPip
GBPUSD💡The chart shows technical analysis of the GBP/USD currency pair On the daily time frame D1. The chart shows the presence of a descending channel that prices have been moving within for a while. (Descending Channel) Broken Channel Prices have broken through the bearish channel to the top, indicating a possible trend change from bearish to bullish. The green shaded area represents the new support level after the breakout, a level that may keep prices above it. The MACD indicator shows increasing positive momentum in conjunction with the channel breach, which supports the bullish idea. ⛔️It is not investment advice for educational purposes only.
by Adhamcurrency