EURUSD Analysis==>Cup and Handle Pattern==>>Pennant PatternEURUSD is moving near the Support zone($1.105-$1.103) and managed to break the Downtrend line .
If we look at the EURUSD chart from the point of view of Classic Technical Analysis , we will notice two Cup and Handle Pattern and a Bullish Pennant Pattern .
After breaking the neckline, I expect EURUSD to rise to at least the Resistance zone($1.111-$1.109) .
Euro/U.S.Dollar Analyze ( EURUSD), 15-minute Time frame ⏰.
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GOLD, raid for liqudity! Ver thik, her ek kom!Gold just took liquidity from the previous day's low (PDL) and previous week's low (PWL). It had the first market structure (MS) shift on the 15-minute chart, and now, after some consolidation and testing of the 15-minute order block (OB), it will most likely continue higher to take out liquidity from the equal highs (EQH) in the 2528-2531 area (which also includes the previous month's high (PMH) and previous week's high (PWH)). This aligns with the monthly theory that suggests price manipulation at the beginning of the month, followed by the real move during the 2nd and 3rd weeks of the month.
I would wait until the price moves higher to the 2507 area, breaks above it, and closes on the 15-minute chart with the candle body above the London open high (LOH). Only then would I open a long position targeting the previous week's high (PWH).
Always follow risk management: after a 1:1 risk-to-reward (RR) move, adjust the stop-loss to the entry point. At 1:2 RR, either take full profit (TP) or trim 80% of the position.
XAU/USD : Ready for SHORT ? By analyzing the #Gold chart on the 4-hour timeframe, we see that the price has returned to the supply zone of $2524 to $2529, and I expect further correction from this area. Note that the primary scenario is bearish, and if the price breaks above $2532, this scenario will be invalidated. If the decline starts from this zone, the potential targets are $2518, $2512, and $2500, respectively!
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INTRADAY ANALYSIS (SHORT TERM) Most technical indicators are suggesting a "Strong Sell" position. The Relative Strength Index (RSI), Stochastic Oscillator, MACD, and other indicators are all pointing towards a sell, indicating downward momentum for gold prices on an intraday basis
The moving averages across different time frames also show a "Sell" signal. Both simple and exponential moving averages over various periods (5, 10, 20, 50, 100, and 200-day) are suggesting a bearish trend, further supporting a downtrend for gold in the short term
Support and Resistance Levels: According to the pivot points, the key support levels for gold are around $2,526 to $2,532, while resistance levels are identified around $2,537 to $2,539. These levels could act as critical points where price action might either bounce back or break through
Given this data, gold is expected to face downward pressure throughout the day. However, keep an eye on the support levels as potential areas for reversal or a slowdown in the downtrend.
DOGEUSDT Technical Chart ReviewWhen the daily chart of DOGEUSDT is examined; It is observed that the price movements continue in a downward trend. As long as the crypto price does not break below the 0.08059 level, it is evaluated that in price movements above the 0.09406 level, it can cross the 0.11566 level and target the 0.14259 level.
XAUUSD BUY opportunity again all time high big bullish soon Gold support area 2500_2495 next support area 2490_2485
Target 2520_2530 ones more gold strong bullish high
the negative tone in the American session but still trading in the red on a daily basis The US Dollar gained some footing after reaching oversold conditions against most major
Trading gold updatedGold is trading around 2507 after a recovery in the early European session when the price was pushed up to nearly 2512. The trading strategy is considered to pay attention to the buy zones as in the analysis at the beginning of the day in the 2295-2485 zone. The sell zone we can consider selling when the next m30 candle clusters close below the 2508 zone before the US session jumps in.
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SELL scalp zone 2530 - 2532 stoploss 2536
SELL zone 2545 - 2547 stoploss 2551
BUY scalp zone 2496 - 2494 stoploss 2490
BUY zone 2485- 2483 stoploss 2480
XAU is down slightly but still in bullish territoryGold prices surged after Federal Reserve Chairman Jerome Powell spoke.
While buyers also are careful approximately how hawkish the Fed will be
Caution and profit-taking strain can be elements that save you gold from persevering with to rise.
However, many latest forecasts display that the medium and long-time period fashion of gold continues to be pretty bright. Demand for this commodity is forecast to growth.
Major finances withinside the global also are growing their gold reserves
According to technical analysis, gold charges nevertheless generally tend to growth strongly withinside the quick time period
Gold Price Analysis August 27☘️Fundamental Analysis
Gold prices traded in negative territory amid a modest recovery in the US dollar (USD) on Tuesday. However, signals from US Federal Reserve (Fed) Chairman Jerome Powell at Jackson Hole that the central bank will begin cutting interest rates are likely to support the precious metal. Lower interest rates are generally beneficial for gold as they reduce the opportunity cost of holding non-interest-bearing assets. Moreover, rising geopolitical tensions in the Middle East could further boost gold, a traditional safe-haven asset.
The People’s Bank of China (PBOC) stopped buying gold in July, marking the third straight month of no purchases for its reserves. Traders will be watching August data for fresh impetus. Concerns about a slowing economy and demand for the precious metal in China could drag down gold prices as China is the world’s largest producer and consumer of gold. August Consumer Confidence Index and Price Index
☘️Technical Analysis:
Gold is trading around the 2516 resistance zone and heading towards today's most important hook around 2525. When the price closes above 2516 when the European session ends, gold will head towards 2525 and make a new high when the US session begins. If gold is pushed lower than the 2509 zone when the European session begins, the price will soon be pushed to 2502 and this is a notable level before finding today's BUY zone around 2495.
SELL zone 2525 - 25277 stoploss 2530
SELL price zone 2545 - 2547 stoploss 2551
BUY price zone 2496 - 2494 stoploss 2490
BUY price zone 2486- 2484 stoploss 2480
New week starting gold down and next gold 2490 strong bullish XAUUSD support 2490 and target 2550
Strong bullish opportunity very to much higher
several making new recovery highs late in the week As reported in three special stock market update reports this past weeks the strong 2 week rally following the
GBPUSD first selling target and next all bullish target let's seGBPUSD s rally accelerated higher last week and the break of resistance confirms larger up trend resumption Initial bias remains on the upside this week for 100% projection of On the downside below minor support will turn intraday bias neutral and bring consolidations before staging another really
Weekly analysis btcusd fall soon opportunity to movement sellBtcusd very easy falling
There are other more fundamental similarities Both gold and Bitcoin can be used as a transactional currency as well as a store of value Neither are controlled by governments and central banks This being the case both gold and Bitcoin come with significantly less counterparty risk than many other asset classes Both assets also have a naturally limited supply
GOLD - 1H Sell OpportunityAfter yesterday’s significant drop, OANDA:XAUUSD saw a rise, pushing up to the resistance block order zone. Given the strength of this resistance, there’s a high likelihood that gold could face a strong downward movement from this level, potentially leading to a substantial fall. This setup suggests that the recent uptick might just be a temporary retracement before the next bearish leg.
Btcusd fall big fall soon let's see soon I have to down btcusd Btcusd of Bitcoin will come to down let's see Tha Bitcoin where is going on indicate positive trends. A smaller period of consolidation forms the handle after the price first declines and then gradually recovers to form a cup shape. The price usually experiences a significant upward movement after breaking out above the resistance level at the top of the handle
XAU all time highGold prices were little changed this morning, the USD weakened and investors increasingly believe that the US Federal Reserve (Fed) may cut interest rates in September.
"The main driver of the rise in gold prices has been financial investment demand, especially as ETF buying has improved and overall sentiment has improved on expectations of a Fed easing cycle starting in September."
holdings of the world's largest gold-backed exchange-traded fund, rose to a seven-month high of 859 tonnes on August 19.