WTI OIL crucial test on the 4H MA50WTI Crude Oil (USOIL) hit yesterday its 4H MA50 (blue trend-line) and just after it broke, the short-term correction took a pause. As long as it holds, there are higher probabilities of initiating the final rally towards the Resistance Zone. If it breaks though, we expect a test of the upper levels of the Support Zone, before the rebound.
Either way, our Target is $76.00 (the 0.786 Fibonacci retracement level). This is because we believe it is replicating the September bottoming pattern, where after an initial 4H RSI Bullish Divergence (Higher Highs against Lower Lows), the price rose and got rejected back to the Support Zone, only to rebound to the 0.786 Fib of the previous High.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Commodities
Gold Continues to Fall!!!The announcement of a temporary ceasefire between Israel and Lebanon might lead to short-term downward pressure on Gold prices, as it alleviates immediate concerns about regional instability. However, any escalation in tensions or broader economic impacts could reverse this trend.
Gold ( OANDA:XAUUSD ) started to fall after the ascending channel broke with the help of the above news .
Gold is trying to break the Support zone($2,644-$2,625) .
According to the Elliott wave theory , Gold completed the corrective zigzag pattern , and we must wait for the next falling waves .
After breaking the Support zone($2,644-$2,625) , I expect Gold to fall to at least the Next Support zone($2,605-$2,584) .
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SPY/QQQ Plan Your Trade For 11-26 : Inside-BreakawayAs we move closer to the Thanksgiving holiday, I want to remind traders that low liquidity is likely to drive extreme price swings throughout the markets this week and next.
Many traders are already "taking a break" from the markets right now - so please trade with CAUTION. Trade smaller positions and don't get trapped in anything you can't handle.
The markets will close on Thursday and have a half day on Friday. That means we are going to go about 3.5 days with no trading into early next week. Are you ready for that?
If not, get into a position where you can settle in through the holidays and relax. Come back to the markets on Monday/Tuesday next week.
I expect the SPY/QQQ to attempt to reject near the recent highs (yesterday) and for Gold and Silver to move into a bullish recovery phase after yesterday's selling pressure.
The one thing I would warn trades about today is the potential for a low-liquidity BREAKDOWN in price for the SPY/QQQ as well as Gold & Silver.
If there is some financial (US Treasuries) or breakdown event that prompts the markets into some type of Flash Crash - everything will go down.
I'm not saying this IS going to happen - but it COULD happen.
So, be prepared just in case.
Bitcoin is struggling to find any support throughout this downtrend. I suspect the $72-$77k level may be the final support for BTCUSD.
Buckle up. We could be in for a wild ride.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Are we about to see Gold bounce back?After yesterday's big drop off the back of Trump's pick for Treasury Secretary and news of a potential ceasefire between Israel and Lebanon, the gold price reached a low of 2605 before settling in a range between 2615 and 2630.
The drop is a little surprising given the Trump pick had been known for several days and it appears that he might help temper the President Elect's plans for levelling tariffs. There are also signs that the proposed ceasefire plan may struggle to get through the Israeli parliament whilst the two nations continue to attack each other.
Currently, Gold is finding strong resistance at 2628-33, the 1H did close slightly above in a small sign that we might be about to see further gains. If this happens the the gold price should find a clear ride to the next fib retracement level at 2650 and then 2663. There is some significant economic news due today including the House Price Index, Consumer Confidence and the FOMC minutes. Given there's no clear direction at the moment we could see a shift in sentiment as each piece of news hits the market.
For the moment the price looks to be rebounding off yesterday's lows and the weekly chart show's the price movement remaining well within the established long term uptrend.
Gold - 15 min ( Best buy & sell Scalping After Break Out ) ⚡️ Gold
Best Break Our / Key level's 15m Tf
🚨Bullish After Break Out key level + High Volume / 2628 Area
🚨Bearish After Break Out key level + High Volume / 2614 Area
⚡️ We Only Sent Most Accurate Opportunity and Analysis Not by Number ..
🔖 Announcement Coming After Successful Break
Xauusd | pathways Hey traders !
hope you are doing well
-we have been seen the market and our last analysis which were based on educational analysis -So we are observing that market is stuck in the region and the point which we have been highlighted so basically there are 2 scenarios
if market cross the 2630 area and candle closing above that structure then we will wait for the 2638.00 point which is seem as our next resistance level
Although market is still in bearish circle
we have been set on both ways possibilities
so lets see what will happened!
you guys can direct message us so we can give you our Public Telegram link channel for free
USOIL - Long Trade Idea - Zig-Zag Wave D...We have a plan to go long on USOIL, targeting either a bounce from wave ii support or a breakout above the previous high.
This move seems to mark the final upward push before a notable downturn, aligning with a measured move for wave (c) of wave D.
A comprehensive analysis of USOIL will follow in the coming days.
Target: 97.50
Entry: 72.95
Stop\Support Level: 66.69
XAUUSDHere is our view and update on XAUUSD . Potential opportunities and what to look out for.
Since our last analysis on XAUUSD , it has followed the second scenario and dropped down to 2640 and now even lower. With this in mind, we now have again two possible scenarios. We are sitting at two important KL’s (Key Levels) and we will be sitting out until we see a clear break. It might look like a mess, but it’s pretty simple.
Scenario 1: BUYS
We broke above 2640 . That would confirm continuation buys and we would have to keep our eye out on our next KL (Key Level) 2660 .
Scenario 2: SELLS
We broke below 2604 , and are now targeting breaks of 2590 and revisits of 2550 .
Personal opition:
The direction for now is unclear until we break our mentioned key levels. Be patient and stay tuned for possible scalps on this pair. Be extremely careful if we revisit 2660.
KEY NOTES
- XAUUSD breaking above 2640 would confirm buys.
- XAUUSD failing to break above 2660 would confirm sells.
- Breaks below 2604 would result in sells, down to 2590 and 2550.
Happy trading!
FxPocket
Gold Buy Setup: Bullish Price Action at Fibo 61.8#GOLD has completed a short-term pullback on the H4 chart and now shows bullish price action signals at the Fibonacci 61.8 retracement level. Two consecutive pin bars support this zone, indicating a strong rejection of lower prices. The structure aligns with a 5-3 wave setup, suggesting the potential for at least a three-wave upward movement.
My initial targets are the key resistance levels at 2660 and 2700, where I anticipate significant price reactions. If these levels are cleared, it could lead to a breakout of the previous structural resistance, paving the way for a stronger bullish continuation. On the flip side, failure to break these levels may result in a bearish reversal.
This setup provides a high-probability trade with an excellent risk-to-reward ratio for upside movement.
Gold Analysis: Navigating the Wild Swings in XAUUSDNot long ago, I used to discuss potential targets of 1,000 pips for OANDA:XAUUSD in my analyses, explaining why trading XAUUSD requires factoring in potential moves of 300–400 pips as part of a well-thought-out strategy, not 30-50 pips.
Fast forward to today, and the landscape has shifted dramatically. A 500-pip movement in a single day has become standard, while 600–800 pips—or even the occasional 1,000—are no longer rare occurrences.
But let’s set aside the preamble and dive straight into what we might expect from gold in the near future.
In my analysis yesterday, I suggested that a lower high, relative to the previous all-time high, might be forming. This led to the idea that selling into rallies after the normal correction of the Asian session drop could be a viable strategy, with an initial target around the 2650 level.
True to its newfound roller-coaster nature, gold once again surprised us by plunging far deeper than anticipated, hitting a low around the 2605 support zone. As outlined in the previous analysis, the short-term trend has now probably shifted to bearish, and a further decline towards the 2520 support level is not out of the question.
Key Levels and Trading Strategy
- Sell Rallies: Potential selling opportunities could emerge on rallies near 2640, with a stronger resistance level at 2660 providing an additional entry point.
- Interim Support: The 2590 zone could serve as a short-term target, while an extension towards the 2520 level presents an attractive setup for a swing trade.
Given the current market conditions and gold’s remarkable volatility, these levels are merely guidelines. In such an environment, adaptability and careful risk management are critical for navigating the market successfully.
Keep in mind, anything can happen in these market conditions—stay prepared!
Silver Strategic Outlook 2025: Bulls will Target $40 USD 50% BUY🔸Hello guys, today let's review D1 price chart for SILVER. 5 waves
impulse in progress, currently wave 3 completed and we are entering
wave 4 pullback / re-accumulation stage right now.
🔸Well defined 5 waves structure, with two re-accumulation zones
in wave 2 / wave 4. Impulse projected to end in 2025 with wave 5
and bulls will target 40 USD. 40 USD will cap the upside in precious
metals and will result in ABC correction in 2026.
🔸Recommended strategy position traders: BULLS should focus on
buying low from the lows of the re-accumulation zone, so the best
entry to BUY/HOLD is near 27/28 USD. TP is 40 USD. 50% unlevereged
upside in this trade. good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Gold is giving Bullish Signsnow that we are in the London kill zone I am looking at price action and its looking like it wants to switch up bullish. Got In right at the open of Killzone. and price has now moved back above the daily level. Thinking it can hold from here and push up. if it breaks down then we will wait for a test of a lower level before getting in.
XAU/USD (GOLD) → Short-Term Analysis of Gold Spothello guys.
Channel Breakdown: Gold has broken below its short-term ascending channel, signaling potential bearish momentum.
Key Support Zone: The next critical support is marked near $2,628-$2,630 (highlighted zone), which previously acted as a consolidation area.
Bearish Retest: The price may first retest the channel breakdown area around $2,690 before continuing downward. This aligns with typical market behavior in a bearish trend.
Continuation Potential: If the price fails to hold the $2,628-$2,630 support, further declines could target lower levels around $2,600 or below.
1HR Time frame (GOLD) Analysis I'm not really liking how gold looks this morning. There seems to be a significant imbalance, so I’m definitely considering that it will be filled. I plan to look for long positions into the imbalance before considering short positions out of it. However, right now, the 5-minute chart appears quite messy.
I need to wait for a clear trend to develop on the lower time frames during the London session.