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Crude oil---sell near 64.00, target 62.00-60.00Crude oil market analysis: Crude oil has been falling recently. Under the pressure of tariffs, the decline of crude oil is very large. In addition, the previously released crude oil inventory data also shows its weakness. The weekly line closed with a cross star, and the lower shadow is very long. The possibility of a unilateral decline in crude oil this week is small, and the possibility of fluctuations is greater. The position of 65.30 is its suppression. Look for selling opportunities in the Asian session of 63.50-65.30 today. The other 58.00 of crude oil is support. Operational suggestions: Crude oil---sell near 64.00, target 62.00-60.00
NYMEX:CL1!Short
by BraveTigercat
Hanzo | Gold 15 min Breaks – Will Confirm the Next Move🆚 Gold The Path of Precision – Hanzo’s Market Strike 🔥 Key Levels & Breakout Strategy – 15M TF 🔥 Deep market insight – no random moves, only calculated execution. ☄️ Bearish Setup After Break Out – 3212 Zone Price must break liquidity with high volume to confirm the move. 🩸 15M Time Frame Confluence ———— CHoCH & Liquidity Grab @ 3245 Key Level / Equal lows Formation - 3212 Strong Rejection from 3100 – The Ultimate Pivot Strong Rejection from 3240 – The Ultimate Pivot Strong Rejection from 3200 – The Ultimate Pivot 🔥 1H Time Frame Confirmation Twin Wicks @ 3212 – Liquidity Engineered Twin Wicks @ 3168 – Liquidity Engineered Twin Wicks @ 3135 zone – Liquidity Engineered ☄️ 4H Historical Market Memory —— 💯 3 Apr 2025 – Bullish Retest 3054 💯 27 march 2025 – Bullish Retest / Spike 3054 💯 26 March 2025 – Liquidity Grab Range 3016 : 3010 👌 The Market Has Spoken – Are You Ready to Strike?
TVC:GOLD
by Path_Of_Hanzo
WHY USDJPY BULLISH ??DETAILED ANALYSISUSDJPY is currently reacting strongly from a well-established demand zone near the 142.50–143.00 level. After a sharp correction, price has shown signs of exhaustion at support, suggesting a potential bullish reversal is underway. If this bounce sustains, we could see a significant upside move toward the 157.00 region, aligning with the previous high and maintaining the longer-term bullish structure. From a technical standpoint, this level has historically acted as a key pivot zone. The bullish engulfing candlestick pattern forming here hints at renewed buyer interest, and with risk-reward highly favorable, this could be an ideal entry point for swing traders. The risk remains limited below 139.00, while the upside potential offers over 1:3 reward. Fundamentally, the divergence in monetary policy between the Federal Reserve and the Bank of Japan continues to support a bullish outlook for USDJPY. Recent U.S. inflation data came in hotter than expected, reigniting speculation that the Fed may delay rate cuts. Meanwhile, the BoJ has shown minimal inclination to shift away from ultra-loose policy, keeping the yen pressured. This pair remains one of the top-watched on TradingView, drawing high search volume due to its volatility and potential breakout structure. With market sentiment leaning risk-on and yield differentials favoring the dollar, this rebound from support could be the beginning of a new leg up. Keep an eye on DXY movements and U.S. treasury yields for confirmation.
Long
by AndrewsMarket-Mastery
8
USOIL: Tech Clues for Next - Week MovesOn Friday, the crude oil market showed a slight rebound, and the daily line finally closed as a small positive line. From the perspective of the weekly line, a positive line doji pattern was formed. This series of price movements indicates that the price of crude oil seems to have shown a short - term stabilization signal. However, when looking at the overall market trend, the bearish forces still dominate. In terms of technical analysis, on the 1 - hour chart, a golden cross has occurred, breaking through the resistance and leading to an upward movement. On the 2 - hour and 3 - hour charts, the price is supported by the MA38 moving average and is moving upward. Additionally, on the 4 - hour chart, a golden cross is about to form. Based on this, in terms of trading strategies, it is recommended to adopt an approach that mainly focuses on shorting with occasional long positions as a supplement. Given the current market situation, one can first pay attention to the volatile rebound. In the short term, investors can consider taking appropriate long positions. It should be noted with particular emphasis that there is a strong resistance level in the range of 62.5 - 63.5 above. This area will pose a crucial constraint on the extent of the rebound in oil prices. USOIL buy@60.8-61.3 tp:62-62.5 Investment itself doesn't carry risks; it's only when investment is out of control that risks arise. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment. Traders, if this concept fits your style or you have insights, comment! I'm keen to hear.
TVC:USOILShort
by SterlingOracle
XAUUSD Reversal imminent. Potential short-term top reached.Gold (XAUUSD) hit the 1-month Higher Highs trend-line and has started to form a short-term Top. The last two short-term High sequences peaked on the 2nd High and pulled-back to at least the 4H MA50 (blue trend-line). The peak formation on the 4H RSI of those two sequences was demonstrated with Lower Highs. Similarly the most optimal short-term buy was when the 4H RSI got oversold below 30.00. At the same time, the price hit the 4H MA200 (orange trend-line). But for now, the best action is to sell and take profit when the price makes contact with the 4H MA50. ------------------------------------------------------------------------------- ** 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. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDShort
by TradingShot
2
Gold can make correction to mirorr line, after upward movementHello traders, I want share with you my opinion about Gold. After a strong breakout from the support area between 2975 - 3000 points, the price continued moving upward, forming an impulsive rally. This movement brought the asset directly into the upper support area, now acting as resistance, between 3195 - 3170 points. Once inside this zone, the bullish momentum began to slow down. This area also aligns with previous local highs and is showing clear signs of selling pressure. The recent reaction from the top of the zone suggests that the market could be preparing for a pullback. If this reaction develops further, I expect the price to head toward the mirror line, which currently acts as a dynamic support level, located around TP1 - 3120 points. This line has historically served as a key structure level - first as resistance, then flipped into support - and now may once again act as a magnet for price. A retest of this level would not break the overall bullish structure but could provide a healthy correction before the next leg. Considering the sharp push into resistance, the potential loss of bullish momentum, and the nearby structural support at 3120 points, I remain bearish in the short term, expecting a local decline. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
16
Crude Oil Holds Rebound Above $55Crude oil's sharp rebound from the $55 support—aligned with the 0.618 Fibonacci retracement of the 2020–2022 uptrend—faced immediate resistance at the long-standing support-turned-resistance zone around $63.80, established in 2021. A decisive move above $63.80 may clear the way for further gains toward $66, $68, $69.60, and ultimately $73. On the downside, a drop below $58 would bring $55 back into focus. A clean break below that level could trigger further downside toward $49 per barrel, which aligns with the lower boundary of crude oil's long-term uptrend. With global powers competing for oil, key events this week include: 🔹 OPEC report amid tariffs and efforts to regain market share 🔹 US–China trade talks 🔹 Chinese GDP, IP, Retail Sales (Wed) Written by Razan Hilal, CMT
FOREXCOM:USOIL
by FOREXcom
Hellena | GOLD (4H): SHORT to 38.2% Fibo lvl 3143.50.Dear colleagues, I expect a correction in the coming week. Wave “V” has started its development and now I think that wave ‘1’ of medium order is completing its development and I think that the correction in wave “2” will last until the area of 38.2% Fibonacci level 3143.50. There are two possible ways to enter the position: 1) Market entry 2) Pending limit orders. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDShort
by Hellena_Trade
5
USOIL Today's strategyCurrently, USOIL is in a stage of a tug-of-war between bulls and bears. Fundamentally, it is being pulled in two directions by geopolitical risks and weak demand, while technically, it shows a pattern of oscillating and converging. It is recommended to focus on range trading, pay close attention to the breakthrough situation of the resistance at $62 and the support at $57, and adjust the position flexibly. USOIL sell@62-63 tp:60-59 I hope this strategy will be helpful to you. When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
TVC:USOIL
by H_C_12
Gold Gathers Strength Amid Global UncertaintyRight now, gold is benefiting from a convergence of highly favorable conditions for a strong bullish trend. Growing concerns about a global trade war have triggered widespread risk-off sentiment, driving capital flows into safe-haven assets like gold. As a result, the precious metal has maintained an impressive upward momentum throughout the past week and is currently stabilizing around $3,235. From my personal view, the U.S. dollar is showing clear signs of weakness — and that only adds fuel to gold’s rally. The $3,300 mark looks like the next logical milestone, with $3,500 as a longer-term target if the current trend holds. Recent corrections in gold have been shallow and brief, which reflects persistent buying pressure and no signs of a distribution phase at the top. This week, we should pay close attention to major monetary policy events, including meetings from the Bank of Canada, the ECB, and a speech by Federal Reserve Chairman Jerome Powell. These events could bring increased volatility to the market. However, if central banks hold or cut rates as expected, it will provide even stronger psychological and technical support for gold. Personally, I remain optimistic about the bullish outlook on XAUUSD — how about you?
OANDA:XAUUSDLong
by Jack97_Trading
USOIL D1 I Falling from the 61.8% Based on the D1 chart, the price is approaching our sell entry level at 65.24, a pullback resistance that aligns with the 61.8 Fibo retracement. Our take profit is set at 58.08, a swing low support. The stop loss is set at 70.39, a pullbac 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 (tradu.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 (tradu.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 Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:USOILShort
by Tradu
XAUUSD H1 | Bullish ContinuationBased on the H1 chart analysis, the price is falling toward our buy entry level at 3168.03, a pullback support. Our take profit is set at 3219.83, a pullback resistance. The stop loss is placed at 3119.84, a pullback support. 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 (tradu.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 (tradu.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 Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:XAUUSDLong
by Tradu
WTI Oil D1 | Approaching a swing-high resistanceWTI oil (USOIL) could rise towards a swing-high resistance and potentially reverse off this level to drop lower. Sell entry is at 62.71 which is a swing-high resistance. Stop loss is at 66.00 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance. Take profit is at 58.18 which is a swing-low support. 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 (tradu.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 (tradu.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 Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:USOILShort
by Tradu
Potential bullish rise?COPPER has broken out of the resistance level which is a pullback resistance and could rise from this level to our take profit. Entry: 4.4701 Why we like it: There is a pullback resistance level. Stop loss: 4.3024 Why we like it: There is an overlap support level that lines up with the 50% Fibonacci retracement. Take profit: 4.7893 Why we like it: There is a pullback resistance level that is slightly below the 61.8% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
VANTAGE:COPPERShort
by VantageMarkets
Bearish reversal off overlap resistance?XAG/USD is rising towards the resistance level which is an overlap resistance that lines up with the 71% Fibonacci retracement and could reverse from this level to our take profit. Entry: 32.71 Why we like it: There is an overlap resistance level that lines up with the 71% Fibonacci retracement. Stop loss: 33.59 Why we like it: There is a pullback resistance level. Take profit: 31.47 Why we like it: There is a pullback support level that lines up with the 23.6% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
VANTAGE:XAGUSDShort
by VantageMarkets
XAUUSD Probable BUY 13/04/2025🧠 Technical Analysis – XAUUSD 📊 Chart Overview: The market is currently consolidating near 3237, within a range-bound structure. Two major zones are marked for potential entries: Zone 1 (Near-Term Buy): 3217–3221 (support zone) Zone 2 (Sniper Buy): 3173–3177 (gape/demand/strong support zone) 📈 Scenario 1 – Bullish Continuation from 3217/21: If price pulls back to 3217–3221 and shows bullish confirmation (e.g., bullish engulfing, rejection wick), a buy setup can be triggered targeting: TP1: 3237 (intraday resistance) TP2: 3245 (supply/previous high) Stop Loss (SL): Below 3210 for safe protection. 📉 Scenario 2 – Deep Rejection & Buy from 3173/77: In case of a deeper retracement, price may wick down to 3173–3177, which is a high-probability sniper buy zone due to: Previous strong bullish reaction from this level Clean structure for liquidity grab Entry here gives excellent risk-reward targeting the same levels: TP1: 3219 TP2: 3245 SL: Below 3156 (wide but optimal for structure). Like, follow, and share.
OANDA:XAUUSDLong
by QuinnReed_Charts
3
Heading into Fibonacci confluence?XAU/USD is rising towards the resistance level that lines up with the 61.8% and 100% Fibonacci projection and the 161.8% Fibonacci extension and could reverse from this level to our take profit. Entry: 3,298.73 Why we like it: There is a resistance level that lines up with the 61.8% and 100% Fibonacci projection and the 161.8% Fibonacci extension. Stop loss: 3,168.09 Why we like it: There is a pullback support level. Take profit: 3,60.00 Why we like it: There is a resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
VANTAGE:XAUUSDShort
by VantageMarkets
Bearish reversal?The Silver (XAG/USD) is rising towards the pivot and could reverse to the 1st support which acts as an overlap support. Pivot: 32.82 1st Support: 30.90 1st Resistance: 34.56 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAGUSDShort
by ICmarkets
Heading into 61.8% Fibonacci resistance?WTI Oil (XTI/USD) is rising towards the pivot which has been identified as a pullback resistance and could reveres to the 1st support which is a pullback support. Pivot: 65.90 1st Support: 54.96 1st Resistance: 71.31 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XTIUSDShort
by ICmarkets
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed higher on the daily chart. It held above 18,360 at the close, and today’s candle formed a golden cross as the MACD crossed above the Signal line, creating a potential buy signal. However, this signal will only be confirmed if the candle closes as a solid bullish bar, so it's too early to say that a buy confirmation has been established. On the weekly chart, although the index has not yet reclaimed the 5-week MA, it has gapped above it. Overall, the index appears to be forming a box range between the 3-week and 10-week MAs, and if further upside occurs, we could potentially see a move toward the 60-week MA. However, since the MACD and Signal line on the weekly chart are still sloping downward, there's a high possibility of a medium-term pullback even if the index rallies to the 10-week MA. On the daily chart, the index is still meeting resistance at the 20-day MA, and the key point now is whether the MACD completes the golden cross or turns downward again. Since the index has managed to hold above 18,360, the potential for a rebound remains open. Buying during pullbacks near the lower wick remains a favorable strategy. On the 240-minute chart, the MACD is turning upward after finding support at the Signal line, forming a potential third wave of buying. In short-term timeframes, buying on dips remains favorable. This week, the Retail Sales data is scheduled for Wednesday, and the U.S. markets will be closed on Friday. Please keep that in mind for risk management. Crude Oil Crude oil closed higher in a narrow range on the daily chart. On the weekly chart, a long lower wick formed, finishing with a doji candle, suggesting indecision. Last week, oil was rejected at the 3-week MA, forming an upper wick. If it rallies this week, it could target the 5-week MA. The $65 level, near both the 5-week and 240-week MAs, remains a strong resistance zone, making it a potentially favorable area to consider short trades. On the daily chart, oil has entered a box range between the 5-day and 10-day MAs. Though the MACD and Signal line still point downward, oil is currently holding within a supportive range. There is a possibility the MACD could begin to turn upward, so keeping both bullish and bearish scenarios open is advisable. On the 240-minute chart, the MACD is still rising after a golden cross but remains below the zero line, suggesting a potential for another pullback. Overall, monitor intraday movements and continue to trade within the range. Gold Gold closed higher, setting a new all-time high. The weekly chart formed a strong bullish candle, resuming its upward trend. Buying near the 3-week MA remains favorable. As the price has overshot the previous target of $3,216, we’ve now entered an overshooting zone, making it difficult to define the next resistance. Therefore, caution is advised for short positions, and it’s best to focus on buying the dips. On the daily chart, the new all-time high generated a bullish signal, and buying near the 3-day MA is recommended. Gold may enter a sideways consolidation phase while aligning its moving averages. In that case, buying near the 5-day MA may also be considered, but avoid chasing the price higher. The MACD has made another golden cross, and it’s important that the MACD doesn’t create a divergence by failing to surpass its previous peak. Avoid shorts, and stick with buy-the-dip strategies. On the 240-minute chart, buying momentum remains strong. The RSI is in overbought territory, so again, avoid shorting and focus only on buying during pullbacks. Market Outlook Compared to the last two weeks of high volatility, this week is expected to be more subdued. After a period of extreme moves, the market is likely to consolidate and seek direction. Rather than swinging for home runs, it's better to focus on small base hits and steadily build profits. Wishing you a successful trading week! If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!Long
by Futureguard
1