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Gold Market Analysis | Double Top Pattern,, 500+ Pips Target...📉 XAUUSD Price Forecast 📉 Gold is at the top of an uptrend and has formed a Double Top reversal pattern. This indicates a potential bearish move, especially as the market is nearing a breakdown of the 200EMA and neckline of the pattern. 🔹 Technical Analysis: Bearish Order Blocks: 💢2880 – After the neckline breakdown 💢2910 – After a retracement to resistance ✅ Target Range: From the pattern height, the expected drop is 500+ pips. 🎯 Technical Target Levels: 〽️2862 – First support 〽️2842 – Second support 〽️2831 – Key level 〽️2812 – Critical breakdown point 〽️2774 – Final target after trendline breakdown 📢 Trading Insight: Gold is showing strong bearish momentum, and after confirmation of the breakdown, holding short positions could yield high returns. Stay patient and follow the structure. 🔔 Like, Comment & Follow for More Updates! Kind Regards, TrendLogic1 🚀
OANDA:XAUUSDShort
by TrendLogic1
1
CADJPY - Correction and up? Looking at the CADJPY daily chart, we can observe a potential corrective pattern forming. The price action has been showing signs of consolidation near the marked blue box support zone around the 105.00 level. If the price respects this support area without breaking below it, and we see a strong bullish reaction, this could set up an interesting opportunity. The key observation here is that any significant bounce from this zone could trigger a broader upside move. Should we see such a reaction materialize, the pair might gain enough momentum to challenge and potentially break above the November 2024 high, which sits around the 111.50 level. This scenario would be particularly compelling if we see clear rejection of prices above the blue box support, formation of bullish price action patterns at current levels, and strong momentum on the initial bounce. However, traders should remain cautious and wait for clear confirmation of the bullish reversal before considering long positions, as the current downward momentum would need to be definitively broken first.
Long
by financialflagship
Gold price analysis February 13⭐️Fundamental analysis: Bullion traders are ignoring the US Consumer Price Index (CPI) data for January due out on Wednesday. Traders are also ignoring the possibility of a peace deal being struck with US President Donald Trump and Russian President Vladimir Putin, who spoke by phone to outline a meeting soon to hammer out the outlines of a peace deal. Despite these significant tail risks, gold is rallying, indicating a firm commitment from traders to continue to hold onto the safe-haven asset. Meanwhile, traders are looking ahead to two testimonies from Federal Reserve (Fed) Chairman Jerome Powell on Capitol Hill before lawmakers. The release of January CPI data on Wednesday demonstrates that the Fed is on the right track to keep interest rates steady for longer. ⭐️Technical Analysis Gold is falling and heading towards support at 2883, when closing below 2883 there is a zone of 2836. Resistance is focused on the zones of 2929 and 2940. Looking at the h4 frame, we can see the market's wave structure being pushed up to 2880 and forming an uptrend, proving that the buyers are very strong around 2880 and 2865 is being noticed by the buyers to jump into the market for a decline. The H4 candle that just closed shows that there is selling pressure but it is not clear yet. The next H4 candle plays an important role when it closes beyond 2910, becoming a Downtrend as analyzed and closing above 2910
OANDA:XAUUSD
by TVS-Trader
2
APPLE Trading Opportunity! SELL! My dear subscribers, This is my opinion on the APPLE next move: The instrument tests an important psychological level 244.56 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 234.19 My Stop Loss - 250.52 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
NASDAQ:AAPLShort
by AnabelSignals
1
SILVER Sellers In Panic! BUY! My dear subscribers, My technical analysis for SILVER is below: The price is coiling around a solid key level - 32.147 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 32.524 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
OANDA:XAGUSDLong
by AnabelSignals
2
AUDNZD Will Collapse! SELL! My dear subscribers, My technical analysis for AUDNZD is below: The price is coiling around a solid key level - 1.1115 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.1077 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
NZDCHF Expected Growth! BUY! My dear friends, Please, find my technical outlook for NZDCHF below: The instrument tests an important psychological level 0.5136 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.5149 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
US30 Will Go Higher From Support! Buy! Here is our detailed technical review for US30. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant resistance area 44,532.9. Considering the today's price action, probabilities will be high to see a movement to 45,324.8. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
OANDA:US30USDLong
by SignalProvider
2
USDCHF Will Go Down From Resistance! Short! Take a look at our analysis for USDCHF. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.898. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.889 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1