Gold Trade Plan 02/04/2025Dear Traders,
Gold still Bullish and i expect price will be Try to Make New ATH ,
Today Resistance Area : 3145 , 3170
Today Support Area : 3113 , 3090 , 3060
I dont Recommend Trade Today 2 April ( Trump Speak )
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Alireza!
Harmonic Patterns
My Analysis of the DXY ChartLooking at this chart, the DXY is moving within an ascending channel defined by the two white trendlines. Based on my analysis, there are a few key levels to watch, especially the Fibonacci retracement levels.
First, if the price starts to drop from the upper boundary of the channel, it is likely to retrace down to the 0.61 Fibonacci level. This is an important support zone, and the price might bounce back up from here.
However, if the 0.61 Fibonacci level doesn’t hold, the price could continue falling towards the 0.78 retracement level. This level is a much stronger support and could trigger a significant reversal if the price reaches it.
Finally, the lower boundary of the channel, marked by the white trendline, serves as the ultimate area of support. If the price falls this far, there’s a strong chance it will bounce back upward within the channel.
This analysis highlights the key zones where the price is likely to react and helps identify the next potential moves for the DXY
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Gold is under dark clouds, waiting for opportunitiesThe 1-hour moving average of gold has begun to turn downward, and gold bulls have suffered heavy losses. After gold rebounds and repairs, we can only continue to short. The support below the range of gold 1 hour ago was 3110, and now it has fallen below. Then gold 3110 has formed an effective suppression in the short term.
Trading idea: short gold near 3110, sl: 3120, tp: 3090
The above is purely a sharing of personal views and does not constitute trading advice. Investments are risky and you are responsible for your profits and losses.
Bitcoin BTCUSD The Move Down Is OverI posted this chart in February 2027, I was unable to update it. This is playing out exactly how I predicted. Bitcoin loves these double tops and the corrections are textbook almost every time. Bitcoin may double bottom but on a closing basis on the 5 day I am predicting that Bitcoin will NOT close lower than the measured move. Wicks below sure but on a cloing basis which the Line chart shows we are right on track. I think that by the middle to late April we are above the previous high and en route to new all time highs. There is no bear market coming any time soon. Bitcoin is going to astronomical numbers, numbers most cant fathom. None of this is financial advice this is just my opinion. Like and follow for updates. Thank you
We will continue to hold a bearish viewToday, the XAUUSD market is mired in extraordinary volatility. The uptrend in prices has continued unabated, with values rocketing to $3086. This powerful rally has inflicted heavy losses on bearish traders, leading to a mass liquidation of their positions.
Currently, the market is in a “double - whammy” situation, where both bulls and bears are feeling the pinch. This is the result of large - scale capital inflows. Savvy institutional investors and market players are deploying capital strategically, aiming to maximize profits.
Despite this current upward surge, we remain unwaveringly bearish. Our comprehensive analysis, which encompasses long - term economic trends, geopolitical developments, and technical indicators, further validates this stance. Many fundamental indicators suggest that the ongoing rally is merely a short - lived market anomaly. As the market digests various macroeconomic data, we anticipate increasing downward pressure that will eventually reverse the current uptrend.
We must not let these large - scale capital operators achieve their objectives. By staying true to our bearish view, maintaining strict risk management, and making well - informed trading decisions, we can counteract their market - manipulating tactics.
💎💎💎 XAUUSD 💎💎💎
🎁 Sell@3085 - 3080
🎁 TP 3040 3030 3020 3010 3000
The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed,Follow the link below to get my daily strategy updates
Tron (TRX): Possible Double Top Pattern FormingTron coin is approaching approachingthe neckline zone where recently we formed a second top, which gave us a sign of a potential upcoming "double top" pattern. We are waiting for a breakdown to happen.
As soon as we get the breakdown, we will be looking for a short position where we might catch a good R:R position.
Swallow Team
ETH - UpdateETH has been "crashing" lately but I think it is in the end state of a long rally. In fact I think we are in the last stage of Wyckoff distribution and we could see a major rally soon. Looking at the 300 SMA we bottomed there in June 22 and if we hold there, it could be the spring board for a massive rally to new highs.
Also I think GLD will top in a week or so which will be good for BTC and ALTS.
Not investment advice. Please like and share and leave a comment.
Has the gold tariff peaked?The current bullish structure of gold has not changed. The key support for the long-short watershed is still the 3100 line. Above 3100, the strong bullish idea remains unchanged. Short-term operations rely on 3100 for defense, and enter the market near 3116 and gradually look up. Focus on the strength of the European session. If the European session rebounds and does not break the high, then short the US session at highs, and pay attention to the resistance of the 3148-50 area above. On the whole, today's short-term operation strategy for gold is recommended to be mainly short on rebounds, supplemented by long on pullbacks. The short-term focus on the upper side is 3148-3150 resistance, and the short-term focus on the lower side is 3100-3110 support. Friends must keep up with the rhythm. It is necessary to control the position and stop loss, set stop loss strictly, and do not resist single operations.
Gold operation strategy: Gold 3100 short, stop loss 3110, target 3080-3070;
COPPER The 1D MA50 is the key.Last time we looked at Copper (HG1!) was on January 24 (see chart below) giving a buy signal that easily hit our 4.6550 Target:
This time the market is in front of a critical moment. The 2025 pattern has been a Channel Up, which last Wednesday reached the top (Higher Highs trend-line) of the 1-year Channel Up. As long as the 2025 pattern holds, the recent pull-back is a buy opportunity targeting 5.3745.
If the 1D MA50 (blue trend-line) breaks however, we expect a quick dive, rebound re-test and rejection, similar to July 05 2024. In that case, we will target the bottom of the 1-year Channel Up at 4.150.
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DXY just broke below the 1W MA200 after 6 months!The U.S. Dollar index (DXY) broke today below its 1W MA200 (orange trend-line) for the first time in 6 months (since the week of September 30 2024). By doing so, it has almost hit the bottom (Higher Lows trend-line) of the long-term Channel Up.
The last contact with the 1W MA200 initiated a massive Bullish Leg two weeks after, so it would be an encouraging development if the candle holds here or better yet even close above the 1W MA200.
If it does, we expect a new strong Bullish Leg to start, targeting initially at least the 0.786 horizontal (blue) Fibonacci level at 108.000.
If not, the 2-year Support Zone is the last defense, with 99.600 as its lowest level (the July 10 2023 Low). Below that, a multi-year downtrend for DXY awaits.
Notice however, the incredible 1W RSI symmetry between selling sequences. Since January 2023, we've had two -54.50% declines. Right now, the current decline since January 2025 is exactly at -54.50%. If DXY rebounds here, it will confirm this amazing symmetry.
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euraud sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Is BTC Dominance about to reverse and start an Altseason?Well its undoubtedly what the crypto investor wants and what the market would have technically given in February if it wasn't for the tariffs trade war. Bitcoin's Dominance (BTC.D) is trading within a Triangle and February's test of the 0.786 Fibonacci retracement level was the technical level that should have given a rejection.
That rejection technically starts the Altseason which was dominant via a Bearish Leg both in 2017 and 2021. So far though both February's and March's 1M candles closed below the 0.786 Fib and April has an opportunity to even test the monthly body candles Lower Highs, which is the top of the Triangle. This is the last level that a rejection can be technically given.
Can this start an Altseason?
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JP MORGAN won't give a better buy opportunity in 2025.Last time we looked at JP Morgan Chase (JPM) on November 27 2024 (see chart below), it gave us a clear sell signal that went straight to our $236 Target:
Now that the price rebounded not only on the 1D MA200 (orange trend-line) but also on the bottom (Higher Lows trend-line) of the long-term Channel Up, we are switching back to buying a we even got the first pull-back on the 1D MA50 (blue trend-line).
Given that the 1D RSI also rebounded from oversold (<30.00) territory like the October 27 2023 Low did, we expect a similar Bullish Leg to follow and thus our Target is $330 at the top of the Channel Up.
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USOIL: Key Levels and Bullish Prospects Amid Trade War ConcernsGood morning Traders,
Trust you are doing great.
Kindly go through my analysis of USOIL.
USOIL is currently experiencing market imbalance due to the nature of its opening range, following a gap-down decline last night in response to trade war concerns that have fueled recession fears. The price dropped from its weekly high of 72.22 to a key support zone at 69.00, which is near the week's low. As we anticipate the release of the ISM Services PMI at 3 PM GMT+1, I expect the demand zone to hold, driving the price higher—initially to fill the gap and subsequently toward the 71.35 region. Furthermore, this outlook is strengthened by the formation of a bullish Bat pattern on the M30 chart.
The key levels I will be monitoring for potential price action include the previous week's high at 70.10, the five-week high at 70.62, and the 71.35 region. These areas represent significant resistance levels that could be tested as price moves upward. A break below 68.80 will invalidate this outlook.
Cheers and Happy trading.