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SPY/QQQ Plan Your Trade For 3-28-25 EOD Review : Brutal SellingI sure hope all of you were able to profit from this big selling trend today. And I also hope you didn't get trapped in the potential for a base/bottom rally off the recent lows. This move downward reminds me of the 2022-2023 downward trending pattern when the Fed was raising rates. What Trump is doing with tariffs is very similar. It is slowing the economy in a way that will not break it - but it will result in slower, more costly, economic function. Watch this video and I sure hope all of you have great (profitable) stories to share with me today. I know I do. And, I'm positioned for the weekend. Ready to profit no matter what the markets do. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
AMEX:SPYShort
by BradMatheny
20
Weak US Economic Data Could Drive Prices Higher - 28.03.2025Gold prices have been on a strong upward trend, reaching a high of $3,059. The upcoming US economic data release on March 28, 2025, could provide new momentum for gold, particularly with the following key indicators in focus: - Core PCE Price Index (MoM) - Personal Spending (MoM) - Personal Income (MoM) Current forecasts suggest a slowdown in inflation and weaker economic activity, which could create a bullish environment for gold. Economic Data Expectations and Market Implications The Core PCE Price Index, the Federal Reserve’s preferred measure of inflation, is expected to rise by 0.2%, down from the previous 0.3%. This signals a slowdown in price pressures, increasing the likelihood of the Fed adopting a more dovish stance in the coming months. If inflation continues to decline, expectations for rate cuts could strengthen, which would be supportive of gold prices. Personal spending is forecasted to increase by 0.3% - 0.5%, a modest recovery from the previous decline of -0.2%. However, this remains a weak rebound, suggesting that consumers are still cautious. Slower spending means less inflationary pressure, which could further encourage the Fed to ease monetary policy. Personal income is expected to rise by 0.3% - 0.4%, significantly lower than the previous 0.9% increase. A slowdown in income growth could weigh on consumer spending and overall economic activity, reinforcing the case for lower interest rates. Impact on Gold Prices The combination of declining inflation, weak spending, and slower income growth increases the likelihood that the Federal Reserve will cut interest rates sooner rather than later. Gold, which tends to perform well in a lower interest rate environment, could see further gains as a result. Key bullish factors for gold include: Lower inflation expectations: A weaker Core PCE Price Index supports a more accommodative Fed stance. Sluggish consumer spending: Less inflationary pressure gives the Fed room to cut rates. Slower income growth: Weaker earnings could further dampen economic momentum, increasing demand for safe-haven assets like gold. The main risk to gold prices would be a surprise shift in market sentiment. If the Fed remains cautious and delays rate cuts, gold could face short-term resistance. However, given the current data outlook, the overall trend remains positive. Trading Idea: Long Position on Gold (XAU/USD) Given the softer economic data, gold prices could continue their bullish momentum. If inflation shows signs of easing and economic activity slows, traders may start pricing in Fed rate cuts more aggressively, pushing gold higher. A potential long trade setup could be to enter a buy position around $3,050 - $3,065, targeting $3,080, with an extended upside potential. To manage risk, a stop-loss below could be placed to account for potential short-term pullbacks. Conclusion The upcoming US economic data release suggests a cooling economy, which could lead to increased expectations of Fed rate cuts. This would be a bullish catalyst for gold, reinforcing its role as a hedge against monetary easing. A long position on gold around $3,065, with targets at $3,080, could be an attractive setup in the short term. Risk management remains key, with a stop-loss set close below. If economic data confirms a weakening trend, gold could soon test new highs. Stay alert to market reactions and Fed commentary! 🚀 ------------------------------------------------------------------------- This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly. Good luck and safe trading! 🚀📊
OANDA:XAUUSDLong
by Wick-Sniper
1
Gold’s Last Bull Run? Bitcoin’s Big Move Is Coming!Strong institutional money is flowing into gold and precious stones. Historically, this has been a sign of a prolonged bear market in traditional markets. In other words, strong hands have sold stocks at high prices, securing significant profits, and are now moving to the ultimate safe haven: gold, which has been considered a store of value since ancient Egypt. However, in my opinion, Bitcoin still has hope. When the Buy Climax happens in gold, Bitcoin will rise quickly. I believe this will take a few weeks or months to unfold. In other words, Bitcoin needs to consolidate first and accumulate enough while they sell their gold bars—especially the Chinese. Gold is likely in its last bull run of the century. I believe that by the end of April or beginning of May, gold should form a top, although I'm not certain. And since Bitcoin typically shines after gold finishes its distribution, Bitcoin is likely in its last bull run of the decade.
INDEX:BTCUSD
by joaowedsonf
Gold: How much higher will XAU go?Gold continues to find support amid haven flows as equities tumble on trade war concerns. But how much further can gold rise? Well I think a lot of people had $3K+ pencilled in as their target. We are obviously well above the $3K level now at $3085, which may trigger some profit taking. While dip buyers are lurking, a rug pull is becoming increasingly likely at these levels in my view. When risk appetite turns sour and stocks start falling, people tend to liquidate their profitable long gold positions to free up margin. Could we see something similar? For me, the short term trigger could be a potential break below recent low and support around $3057-$3066, while in the slightly longer term view, a potential move below $3,000 is needed to trigger a more meaningful drop. By Fawad Razaqzada, market analyst with FOREX.com
FOREXCOM:XAUUSD
by FOREXcom
GOLD ROUTE MAP UPDATEHey Everyone, Another awesome finish to the week with our charts idea playing out to perfection!!! After completing our 3050 target yesterday, we got our cross and lock above 3050 opening 3065, followed with a further cross and lock above 3065 opening 3080, Both 3065 and 3080 were completed today for a perfect finish. We will now need a cross and lock above 3080 for a continuation into the next Goldturn or failure to lock will see rejections into the lower Goldturns. BULLISH TARGET 3032 - DONE EMA5 CROSS AND LOCK ABOVE 3032 WILL OPEN THE FOLLOWING BULLISH TARGET 3050 - DONE EMA5 CROSS AND LOCK ABOVE 3050 WILL OPEN THE FOLLOWING BULLISH TARGET 3065 - DONE EMA5 CROSS AND LOCK ABOVE 3065 WILL OPEN THE FOLLOWING BULLISH TARGET 3080 - DONE EMA5 CROSS AND LOCK ABOVE 3080 WILL OPEN THE FOLLOWING BULLISH TARGET 3097 BEARISH TARGETS 3015 - DONE We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead and also a new Daily chart long term chart idea, now that this one is complete. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
17
Gold short-term market analysisTechnically, the gold daily chart remains strong and hits a new record high to close. The price continues to run above MA10 and 5 days. The daily moving average keeps opening upward, and the bulls usher in a second large-scale rise. The short-term four-hour chart Bollinger band opens upward, the price runs along the upper track of the Bollinger band, the MA10/7-day moving average keeps opening upward, the hourly chart remains consistent, the price is running in the middle and upper track of the Bollinger band, and the moving average opens upward. Yesterday's 3017 low rose to the current 3075, and it was another unilateral bullish surge of 60 US dollars. Today's trading ideas continue to maintain low-multiple participation during the day, and pay attention to the historical high selling participation opportunities during the European and American trading hours. Stimulated by risk aversion, gold has been rising all the way, strongly pulling bulls back, and then gold adjusted, but the previous box was shaken and broken. Last night, gold fell back and still got support on the upper edge of the box. Bulls once again made efforts to attack, and prices continued to sprint to new highs. After the daily cycle was corrected for five trading days, bulls launched another fierce attack. Since gold has chosen to break upward in the shock, it is still necessary to follow the trend and go long. The reason for the intraday gold breakout and shock upward is risk aversion and technical breakthrough. The 1-hour moving average of gold has now begun to cross upward bullish divergence. After gold fell back in the US market to confirm the support of 3033, the bulls continued to exert their strength. So gold can continue to buy on dips above 3033 today. If it falls below 3033, the short-term bullish strength of gold may be suppressed, and then gold is likely to start to fluctuate again. . Key points: First support: 3055, second support: 3048, third support: 3040 First resistance: 3077, second resistance: 3086, third resistance: 3097 Operation ideas: Buy: 3048-3051, SL: 3039, TP: 3080-3090; Sell: 3085-3088, SL: 3097, TP: 3060-3050;
TVC:GOLDLong
by Jun-GoldAnalyst
Hanzo | Gold 15 min Bearish Breaks – Confirm the Next Move🆚 GOLD – The Way of the Silent Blade 🩸 market is a battlefield where hesitation means death. The untrained fall into traps, chasing shadows, believing in illusions. But we are not the crowd. We follow no signal but the one left behind by Smart Money. Their footprints are our way forward. 🩸 Bearish Structure Shatters Key Break Confirms the Path – 3068 Zone our reversal always at key level even a reversal area is well studded reasons Liquidity Swwep liquidity / choch key level / multi retest before weekly / monthly zone 🔻 This is the threshold where the tides shift. If price pierces this level with authority, it is no accident—it is designed. The liquidity pool above has been set, and the institutions will claim their prize. Volume must confirm the strike. A clean break, a strong push, and the path is set. Watch the volume. Watch the momentum. Strike without doubt
TVC:GOLDShort
by Path_Of_Hanzo
XAU/USD: Possible Fall Ahead? (READ THE CAPTION)By examining the gold chart on the 4-hour timeframe, we can see that, as expected, the price continued its bullish movement and climbed close to its all-time high of $3057, reaching $3056 today. Since this level acted as a Bearish Rejection Block, we’re now seeing a price correction from that area, with gold currently trading around $3049. If the price stabilizes below the $3050 mark, we may see further downside. Potential bearish targets are $3045, $3040, and $3035, respectively. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FX_IDC:XAUUSDShort
by ArmanShabanTrading
25
SPY/QQQ Plan Your Trade For 3-28-25 : Carryover in Counter TrendToday's pattern suggests the SPY/QQQ will attempt to move downward in early trading. The SPY may possibly target the 564-565 level before finding support. The QQQ may possibly attempt to target the 475-476 level before finding support. Overall, the downward trend is still dominant. I believe the SPY/QQQ may find some support before the end of trading today and attempt to BOUNCE (squeeze) into the close of trading. Gold and Silver are RIPPING higher. Here we go. Remember, I've been telling you of the opportunities in Gold/Silver and other market for more than 5+ months (actually more than 3+ years). This is the BIG MOVE starting - the BIG PARABOLIC price rally. BTCUSD has rolled downward off the FWB:88K level - just like I predicted. Now we start the move down to the $78k level, then break downward into the $58-62k level looking for support. Love hearing all of your success stories/comments. GET SOME. Happy Friday. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
AMEX:SPYShort
by BradMatheny
7
GOLD INTRADAY Bullish and overbought at the new ATHTrend Analysis: Gold price action exhibits a bullish sentiment, underpinned by the prevailing uptrend. The recent intraday movement appears to be a corrective sideways consolidation, suggesting that the bullish momentum remains intact despite short-term profit-taking and consolidation. Key Level (3020): The critical trading level to watch is 3020, which marks the previous consolidation price range. A corrective pullback toward this level, followed by a bullish bounce, would reaffirm the strength of the uptrend and could trigger further buying interest. Resistance Levels: If the bullish sentiment prevails and the price bounces back from the 3020 level, the upside targets include: 3060 - Immediate resistance level. 3086 - Secondary resistance level. 3100 - Long-term bullish target. Bearish Scenario: Conversely, a confirmed loss of the 3020 support level, accompanied by a daily close below it, would negate the bullish outlook. This breakdown could pave the way for a deeper retracement, targeting: 2984 - Initial downside support. 2946 - Major support zone. Conclusion: The Gold market remains bullish amid the prevailing uptrend, with the 3020 level acting as a critical support. Traders should closely monitor price action around the 3020 mark to gauge the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:XAUUSD
by TradeNation
GOLD’s Next Big Play – Don’t Miss This $3000+ Setup!Gold has been following my analysis perfectly over the last two weeks and remains in a strong uptrend! 📈 For this week, the plan is to look for buying opportunities—but only at the right price. I don’t believe the bull run is over just yet. Despite Friday’s drop, gold recovered strongly and held above $3,000, signaling that buyers are still in control. ⚠ Caution for sellers: While there may be shorting opportunities if gold overextends, it’s risky to bet against this trend too soon. If I see a high-probability short setup, I’ll make a separate post about it. Let’s stay patient and trade smart! 💡💰 Traders, if you found this analysis valuable 🎓, feel free to give it a boost 🚀 and share your thoughts in the comments 📣. Let’s discuss!
FOREXCOM:XAUUSDLong
by omz_zz
3
CADCHF Bullissh or Bearish ??? Detailed analysisCAD/CHF is currently trading at approximately 0.6150, forming a bearish flag pattern—a continuation signal that typically precedes further downward movement. This pattern emerges after a sharp price decline, followed by a consolidation phase characterized by parallel trendlines. A breakout below the flag's lower boundary could potentially lead to a decline of over 100 pips, aligning with the target price of 0.6000. Fundamental factors support this bearish outlook. The Bank of Canada (BoC) recently implemented a 25 basis point rate cut, reducing the benchmark rate to 2.75%. This move, aimed at stimulating economic growth amid trade tensions and weakened consumer confidence, has exerted downward pressure on the Canadian dollar. Conversely, the Swiss franc continues to benefit from its safe-haven status, attracting investors during periods of global uncertainty. Additionally, Switzerland's robust economic data, including a manufacturing PMI of 51.5 and a 4.0% rise in exports, further bolsters the franc's strength. Technical analysis further reinforces the bearish sentiment. The CAD/CHF pair has been in a steady downtrend, with minor retracements occasionally. Currently, the price is preparing for another retracement aimed at retesting the immediate supply zone. The 4-hour timeframe chart shows that the supply zone falls perfectly between the 76% and 88% Fibonacci retracement levels. The presence of a Fair Value Gap (FVG) and inducement contribute to the bearish leaning of the market sentiment. Analysts have set a target of 0.6051, with an invalidation point at 0.6231. Given these technical and fundamental factors, the CAD/CHF pair appears poised for a bearish breakout from the flag pattern. Traders should monitor key support levels and employ robust risk management strategies, such as setting appropriate stop-loss orders, to navigate potential market volatility. Staying informed about upcoming economic data releases and central bank communications will also be crucial in effectively capitalizing on this trading opportunity.
Short
by AndrewsMarket-Mastery
1
A Gold'en Newtonian Sell-Off Porjected By MedianlinesSir Isaac Newton stated the Third Law of Motion in his landmark work, Philosophiæ Naturalis Principia Mathematica (commonly called the Principia), which was first published in 1687. This law appears in Book I, in the section titled Axioms, or Laws of Motion. (Axiom: A self-evident truth) Newton did explicitly present it as an axiom. In fact, it's Axiom III (or Law III) of his three fundamental laws of motion. Here's how he phrased it in the original Latin and in his own English translation: "To every action there is always opposed an equal reaction: or the mutual actions of two bodies upon each other are always equal, and directed to contrary parts." And what does this have to do with Medianlines / pitchforks? This tool measures exactly that: the action — and the potential reaction! Medianline traders know that pitchforks project the most probable direction that a market will follow. And that direction is based on the previous action, which triggered a reaction and thus initiated the path the market has taken so far. …a little reciprocal, isn’t it? ;-) So how does this fit into the chart? The white pitchfork shows the most probable direction. It also outlines the extreme zones — the upper and lower median lines — and in the middle, the centerline, the equilibrium. We see an “undershoot,” meaning a slightly exaggerated sell-off in relation to the lower extreme (the lower median line). And now, as of today, we’re seeing this overreaction mirrored exactly at the upper median line! Question: What happened after the lower “overshoot”? New Question: What do you think will happen now, after the market has overshot the upper median line? 100% guaranteed? Nope! But the probability is extremely high! And that’s all we have when it comes to “predicting” in trading — probabilities. Why? Because we can’t see the future, can we? Gold? Short! Looking forward to constructive comments and input from you all
COMEX:GC1!Short
by Tr8dingN3rd
2
XAUUSD Breakout Trade – Target Hit!In this trade, we identified a downtrend breakout on Gold (XAU/USD) using the 1-hour chart. A descending trendline was broken, signaling a shift in momentum. After price retested a key support zone around $3,023.75, buyers stepped in, confirming the breakout. A long position was taken with a stop loss below the recent lows, ensuring a safe risk-to-reward ratio. The trade played out beautifully, with strong bullish momentum pushing the price towards our take profit (TP) level at $3,057.37. This setup highlights the power of trendline breaks and retests, offering high-probability entries for traders. With gold showing strength, we’ll watch for further bullish continuation or potential pullbacks for new opportunities. 📊 Key Takeaways: ✔ Trendline breakout confirmed by retest ✔ Strong bullish momentum ✔ TP hit successfully for solid profits #Gold #XAUUSD #ForexTrading #BreakoutStrategy #TradingSuccess
FX:XAUUSDLong
by JrillzFX
XAU/USD: Pullback Likely After Breakout Above Key ResistanceThe XAU/USD market has broken above last week’s high and is now testing the 3080 resistance level. Following this strong move, a pullback appears likely before any further advance. With bullish momentum still dominant, the market may continue higher or enter a sideways phase into next week. If a pullback occurs, the previous resistance zone, now acting as support, could offer a buying opportunity—particularly near the 3050 level. With high-impact news on the horizon, the market may either range or retrace before resuming its upward trend. The next key target is the resistance zone around 3085
OANDA:XAUUSDLong
by RTED_Investing
SPY’s Epic Crash: Bearish Flag Unleashed!Buckle up, trading fam, because the SPDR S&P 500 ETF Trust (SPY) just pulled a move so wild, it’s giving Keeping Up with the Kardashians a run for its money. We’re talking a bearish flag breakdown on the 4-hour chart that’s got more twists than a Game of Thrones finale, more drama than a Bachelor rose ceremony, and more profit potential than a Shark Tank pitch gone viral. If you’re ready to laugh, learn, and maybe make some cash, then grab your popcorn—this 2,500-word rollercoaster is about to take you on a ride you won’t forget! 🎢 Act 1: SPY’s Golden Era—Living Its Best Barbie Life Let’s set the scene: it’s late October 2024, and SPY is strutting its stuff like it’s Margot Robbie in Barbie. The price climbs from $570 to a dazzling $607.98 by mid-January 2025—a 6.5% glow-up that’s got traders swooning harder than Ken at a Dreamhouse party. SPY’s basically saying, “I’m not just an ETF—I’m iconic,” as it basks in the glow of a bull market hotter than a Love Island villa. But here’s the tea: even the shiniest stars can fall. By mid-January, the Stochastic Oscillator at the bottom of the chart is flashing “overbought” signals louder than a Real Housewives reunion meltdown. It’s the first sign of trouble—like when you realize the DJ at the club just played “Sweet Caroline” for the third time, and the vibe’s about to go south. SPY’s living large, but the party’s about to get crashed, Jersey Shore style. Act 2: The Flagpole Plunge—SPY Sinks Faster Than the Titanic Cue the dramatic music, because mid-January 2025 is when SPY decides to pull a full-on Titanic. The price plummets from $607.98 to $566.77 in a matter of days—a $41.21 drop, or 6.8%, that’s got traders screaming “I’m not okay!” louder than a Euphoria episode. This sharp decline is the flagpole of our bearish flag pattern, and it’s a doozy. SPY’s sinking faster than Jack and Rose’s ship, and the bulls are left clinging to the wreckage like there’s no room on the door. 🚢 The Stochastic Oscillator dives into oversold territory (below 20), confirming the bearish momentum is stronger than the Hulk after a double espresso. It’s a bloodbath on Wall Street, and SPY’s the main character in this tragic plot twist. But just when you think the drama’s over, SPY decides to play coy—like a Bachelor contestant who says “I’m not here for the right reasons” but sticks around for the drama anyway. Enter the consolidation phase, aka the “flag” part of the bearish flag pattern. Let’s break it down, shall we? Act 3: The Flag—SPY’s Tease Game Is Stronger Than a Love Island Bombshell From late January to mid-February 2025, SPY enters a consolidation phase that’s more tantalizing than a Love Island bombshell walking into the villa. The price bounces between $566.77 and $577.74, forming a sneaky little upward-sloping channel. It’s like SPY’s playing hard to get, teasing traders with a “Will I rally? Will I crash?” vibe that’s got everyone on edge. The Stochastic Oscillator hovers below 50, like a villa couple who’s “just talking” but definitely not coupled up yet. This consolidation is the “flag” in the bearish flag pattern, and it’s a classic setup. Think of it as SPY taking a quick breather after its big fall, sipping a cocktail by the pool before diving back into the drama. Bearish flags are continuation patterns, meaning the price is likely to keep falling after this little flirt-fest. It’s like when you’re watching The Masked Singer—you know the reveal’s coming, but the suspense is what keeps you glued to the screen. And trust me, you won’t want to miss the next act. Act 4: The Breakout—SPY Says “I’m Out!” Like a RuPaul’s Drag Race Exit Mid-February 2025 arrives, and SPY decides it’s done with the games. The price breaks below the lower trendline of the flag at $566.77, and it’s like watching a RuPaul’s Drag Race queen sashay away after a lip-sync battle: dramatic, fierce, and leaving the bulls in the dust. The breakout confirms the bearish flag pattern, and the bears are strutting their stuff like they just won the crown. 👑 The price doesn’t just dip—it plunges to $546.33 by late March 2025, a further drop of $20.44 (or 3.6%) from the breakout point. The Stochastic Oscillator dives back into oversold territory, confirming the bearish momentum is back with a vengeance. SPY’s basically telling the bulls, “You better work—because I’m not!” as it leaves them gagging on the runway. Let’s talk about the measured move—the price target for this bearish flag. We take the length of the flagpole ($41.21) and project it downward from the breakout point ($566.77). That gives us a target of $525.56. SPY doesn’t quite hit that mark—it bottoms out at $546.33—but it gets close enough to make traders sweat harder than a Chopped contestant with 30 seconds left on the clock. It’s a solid performance, even if it didn’t stick the landing perfectly. Pop Culture Parallels: SPY’s Bearish Flag Is a Reality TV Showdown Let’s take a step back and look at this chart through a pop culture lens, because SPY’s bearish flag is basically a reality TV showdown. The initial uptrend from October to January is the honeymoon phase—think The Bachelor contestants on their first group date, all smiles and champagne. 🥂 The flagpole drop in mid-January is the drama bomb, like when a contestant gets caught kissing someone else in the hot tub. The consolidation phase is the confessional montage, where everyone’s talking smack and plotting their next move. And the breakout? That’s the rose ceremony—SPY’s handing out its final rose to the bears, and the bulls are sent packing with nothing but a suitcase and some tears. Trading Tips: How to Slay This Bearish Flag Like a Drag Race Superstar Now that we’ve had our fun, let’s get down to business. How can you trade this bearish flag like a Drag Race superstar? Here’s the tea, served piping hot: 1. Short the Breakout (Sashay, Don’t Shantay) When SPY broke below the flag at $566.77, that was your cue to short the stock faster than you can say “Sashay away!” A short position here could’ve netted you a $20.44 gain per share as the price dropped to $546.33—enough to buy yourself a new wig for the next challenge. 2. Set a Stop-Loss (Don’t Get Read for Filth) To avoid getting read for filth by a fake-out, set a stop-loss above the flag’s upper trendline at $577.74. That way, if the breakout flops harder than a Drag Race comedy challenge, you’re safe. 3. Target the Measured Move (Go for the Crown) The measured move target of $525.56 was the goal, but SPY stopped at $546.33. That’s still a win—like making it to the top 4 but not snatching the crown. If you’d shorted at the breakout, you’d be serving looks and profits. 4. Watch for a Bounce (Don’t Sleep on the Comeback) As of late March 2025, SPY’s at $546.33, and the Stochastic is oversold. This could mean a short-term bounce is coming, like a Drag Race queen returning for an All-Stars season. Keep an eye on resistance at $566.77 and $577.74—if SPY breaks above those, the bears might be in for a shady twist. The Bigger Picture: Is SPY’s Downtrend the New Black? Let’s zoom out for a hot second. Before this bearish flag, SPY was in a strong uptrend for months, living its best life like a Vogue cover star. This pattern marks a potential trend reversal, like when skinny jeans went out of style and baggy pants became the new black. If the downtrend continues, the next support level could be around $540—or even lower if things get really messy. But here’s the million-dollar question: is this the start of a bigger bear market, or just a temporary dip? It’s like trying to predict the winner of Survivor—nobody knows, but everyone’s got a theory. The Stochastic being oversold suggests a bounce might be near, but the overall trend is still bearish. So, keep your wits about you, because this market’s shadier than a Real Housewives dinner party. Why This Chart Is More Addictive Than a Love Is Blind Binge If you’re still here, you’re officially obsessed—and I don’t blame you! This SPY chart is more addictive than a Love Is Blind binge because it’s got all the elements of a great reality show: drama, suspense, and a cast of characters (the bulls and bears) who can’t stop fighting. The bearish flag is the villain we love to hate, and the price action is the love triangle we can’t stop watching. Plus, trading is a lot like reality TV. You’ve got your highs (the uptrend), your lows (the flagpole drop), and those messy in-between moments (the consolidation). But when the breakout happens, it’s like the finale episode where someone finally gets engaged—or in this case, the bears get their moment in the spotlight. 💍 Final Thoughts: Don’t Miss the Next Episode of SPY’s Reality Show SPY’s bearish flag breakdown is a masterclass in technical analysis, wrapped in a package of drama and sass that’d make even the most stoic trader crack a smile. Whether you’re a Wall Street pro or a newbie just here for the tea, this chart has something for everyone. So, what’s next for SPY? Will it hit that $525.56 target, or will the bulls stage a comeback like a Love Is Blind couple at the altar? Only time will tell, but one thing’s for sure: you won’t want to miss the next episode of this reality show. Keep your eyes on the chart, your finger on the trigger, and your sense of humor intact—because in the world of trading, you’ve got to laugh to keep from crying. 😜 Join the Trading Villa! If you loved this recap of SPY’s bearish flag drama, don’t ghost me like a Love Island ex! Drop a comment with your thoughts—are you shorting SPY, or are you waiting for a bounce? And if you want more trading tea, puns, and reality TV references, hit that follow button faster than you can say “I’m here to make friends.” Let’s spill the tea and make some money together! 🍵
AMEX:SPY
by RoadToAMillionClub
DeGRAM | GOLD has grown againGOLD is above the ascending channel between the trend lines. The price is moving from the lower trend line, support level and has already consolidated above the upper boundary of the channel. The chart maintains an ascending structure. Trading volumes have decreased. We expect XAUUSD to continue rising while the indicators are forming a bearish divergence on the 1W Timeframe. It should be taken into account that opening long positions now is quite risky. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
TVC:GOLDLong
by DeGRAM
1
GOLD Bullish Continuation - Will Buyers Push Toward 3,084$?OANDA:XAUUSD is currently trading within an ascending channel, maintaining a bullish structure. The price has broken above a key resistance zone which has now flipped to support, aligning with a potential bullish continuation. With momentum favoring the upside, the price could move toward the 3,084$ level, which aligns with the midline of the channel. However, a failure to hold this level could indicate a potential shift in momentum. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have! 🚀
OANDA:XAUUSDLong
by DanieIM
144