Get started

Longsetup

Technical Analysis Report: Balmer Lawrie & Co. Ltd.Overview: Balmer Lawrie & Co. Ltd. is showing key technical setups, offering potential trading opportunities. Here's a concise breakdown based on the daily chart analysis. Key Observations: 1.Fibonacci Retracement: The stock retraced to the 0.5 level at INR 225.00 and rebounded from the 0.382 level (INR 202.40). 2.Chart Patterns: An inverse head-and-shoulders pattern signals potential reversal, with a target of INR 263.45 if INR 249.54 is breached. 3.Moving Averages: Near-term support: 20-day EMA (INR 232.30) and 50-day EMA (INR 238.84). Resistance: 200-day EMA (INR 245.56), aligning with the pattern neckline. 4.RSI Momentum: RSI at 58.36 suggests mild bullish momentum, with room for upside. Key Levels to Watch: Resistance: INR 249.54, INR 263.45, INR 279.95. Support: INR 238.00, INR 225.00, INR 202.40. Potential Scenarios: Bullish: A breakout above INR 249.54 could lead to INR 263.45 and potentially INR 279.95. Bearish: A rejection near INR 249.54 may push prices back to INR 238.00 or lower. Volume Analysis: Rising volume indicates renewed buying interest, supporting a bullish outlook. Conclusion: Balmer Lawrie & Co. Ltd. is poised for a potential breakout above INR 249.54. Traders should monitor key levels closely and manage risk accordingly. Disclaimer: This analysis is for educational purposes only and not financial advice. Conduct your own research before investing.
NSE:BALMLAWRIELong
by AngshumanSaikia
Gold--> Is the Upswing Just Starting or Is a Pause Ahead?Hello, Amazing Friends of Brian! Let's Strategize for Today's Market! Gold continues to showcase its resilience today, with prices trending higher and currently hovering around the $2,700 mark, up 0.22% on the day. This movement reflects a growing appetite for the safe-haven metal amid mounting uncertainty in the Middle East and speculation about a potential rate cut by the Federal Reserve. These factors are providing robust support for gold in both the medium and long term. Yet, as the market digests these developments, the critical question arises: Can this bullish momentum sustain, or are we approaching a potential correction? Much of the answer hinges on the trajectory of the U.S. dollar, which remains a decisive force in gold’s price action. From a technical perspective, gold is fast approaching a significant resistance level at $2,720. A breakout above this mark could ignite further buying interest, paving the way for an extended rally. Conversely, failure to breach this level might trigger a short-term pullback. However, the overall bullish structure remains intact, as evidenced by the upward trendline on the 1-hour chart. Looking ahead, I anticipate gold to continue its upward journey, with any correction near resistance presenting a strategic buying opportunity. Key targets to watch include $2,750, $2,790, and $2,800, as highlighted on the 3-hour chart. Let’s seize these market opportunities together—wishing you all a profitable trading day!
OANDA:XAUUSDLong
by Trader-Briannnn
EURUSDThe EUR/USD pair continues to trade below the 34 and 89 EMA levels, signaling a short-term bearish trend. Despite attempts at consolidation in recent sessions, the pair remains under pressure, weighed down by a stronger U.S. dollar, geopolitical uncertainty, and diverging monetary policies between the Federal Reserve (Fed) and the European Central Bank (ECB). The U.S. dollar has extended its rally for the third consecutive day, with the Dollar Index (DXY) climbing past the 106.60 mark. This persistent strength has added significant downward pressure on EUR/USD, leaving the pair vulnerable to further declines as market dynamics unfold. From a technical perspective, traders should focus on two key resistance levels. These areas could provide optimal entry points for positioning, with the primary targets set at well-defined support zones. Monitoring price action around these levels will be crucial to aligning strategies with the prevailing market trend. Stay disciplined and vigilant as you navigate today’s trading opportunities. Wishing you success and profitable trades!
Short
by Trader-Briannnn
Tesla’s Golden Zone Bounce: Are We Heading to $460?Tesla has shown remarkable price action after sweeping the sell-side liquidity on the monthly chart at $152.49. Price tapped into the Golden Zone (OTE) and closed strongly above the sell-side level. This confluence, combined with robust candle closures, signals potential upside momentum. Key Levels to Watch: Immediate Target: Price is aiming for the $460 range, marking a full swing move. Retracement Zone: If a retracement occurs, look for a pullback into the High-Probability Fair Value Gap (FVG) near $300.61. This zone could act as a strong support for another leg upward. Conclusion: Short-term: Price targets $460. Medium-term: Watch for retracement into $300.61 before further upside potential. DYOR (Do Your Own Research)!
NASDAQ:TSLALong
by INSIDER_INTEL
Gold-> Testing Resistance Levels: A Decline or a False Breakout?OANDA:XAUUSD currently consolidating within a descending channel, trading near $2,669. Technically, investors are caught in a dilemma, and the fundamental backdrop remains murky. So, what will happen next with the precious metal? The focus early in the week shifts to demand catalysts, with news of the People's Bank of China continuing its aggressive gold buying capturing attention. This, coupled with expectations of further monetary easing, creates a supportive foundation for gold prices. Traders are pricing in an 87% probability that the central bank will cut interest rates by another 25 basis points during its meeting on December 17-18. However, despite these factors, the path forward is far from clear. Theoretically, it remains uncertain whether prices can climb higher as they approach a strong resistance level and traders remain cautious ahead of key economic data like CPI and PPI, which could shift market sentiment. From a technical perspective, the market seems to lack a decisive trigger to escape its current consolidation phase. Personally, I foresee a high probability of a false breakout in the near term. However, if price action at the $2,677 resistance level and the upper boundary of the descending channel shows sufficient rejection, a decline could occur sooner than expected. In such a scenario, the downside target appears to be around $2,615. Share your thoughts, opinions, and questions—let’s discuss what’s happening with OANDA:XAUUSD :)
OANDA:XAUUSDShort
by Bentradegold
Gold price clings to gain around $2,670/two-week topDear friends, let's explore the gold price after yesterday's big move! Gold prices rebounded near a two-week high and received support from a combination of factors. Geopolitical risks continue to favor the safe-haven XAU/USD amid the Fed's December rate cut. The current technical setup looks bullish and supports the outlook for further gains... This rally is expected to reach $2700, which is in line with the resistance channel limits.
OANDA:XAUUSDLong
by Trader-Briannnn
2
XAU ! Scalping ! Buy according to the main short-term trendSCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) pares most of its intraday gains, hovering near the two-week high reached the day before, and trades slightly higher above $2,660 in early European trading on Tuesday. The US Dollar (USD) continues to gain momentum, extending its rebound from a nearly one-month low following the NFP report, as expectations grow that the Federal Reserve (Fed) will take a cautious approach to rate cuts. This remains a key factor limiting the appeal of the non-yielding yellow metal and restricting its upside. ⭐️Personal comments NOVA: Gold price is having a good recovery after a lot of good news for this precious metal, priority is given to scalping with the trend, support zone 2655 ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2656 - $2654 SL $2649 scalping TP1: $2665 TP2: $2678 TP3: $2688 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
1
Boeing Seller Exhaustion sets in🐂 Trade Idea: Long - BA 🔥 Account Risk: 15.00% 📈 Recommended Product: Stock 🔍 Entry: +/- 149.00 🐿 DCA: No 😫 Stop-Loss: 135.00 🎯 Take-Profit #1: 260.00 (50%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨 If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button! — BA sees massive seller exhaustion over the last few weeks. There is nothing negative that could be published now that has not already been priced in. Trump's policy of higher tariffs should protect Boeing and the backlog is already at over 10 years of current sales. In view of the duopoly and the points mentioned above, as well as the technical chart picture, strong buying should be made here. — Disclaimer & Disclosures pursuant to §34b WpHG The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only. Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
NYSE:BALong
by LGNDRY-Capital
SOL $260 - Bounce from Support for 26.72% ReturnAltcoins, including BINANCE:SOLUSDT , got hit today and tumbled more than 10%. Nevertheless, the situation remains bullish overall. Solana hit support at $204.00 and bounced right off from it. We're currently targeting the last HH (higher high) at $260.00 which could give us up to 26% in return for this trade. Of course, if we break below $204.00 and close the daily candle there the trade would be disqualified. We are also inside a bullish flag (blue channel) that looks like a healthy consolidation of the former leg up we made during November. Support Zone: $204.00 Resistance/Target Zone: $260.00 Let me know what you think!
Long
by LGNDRY-Capital
5
LINK $27 Setup - Trade when others are in fearCrypto got a 10% slap over the last hours and altcoins like BINANCE:LINKUSDT are currently giving setups for both, long and short. As for now LINK holding above the $22.50 support zone means we're still in play for a long move up to $27 which would result in 15% return. If we brake that support we should wait for a short confirmation and enter a short trade to the nearest support zone at $21. Don't forget that the US100 is currently on the upper side of a broader wedge and could consolidate further until New Years Eve. This would also drag down crypto further. But as long as the support holds, I'm long. Support Zones $22.50 $21.00 Resistance Zone $27.00 Let me know what you think.
Long
by LGNDRY-Capital
2
Bulls are strong - XAU market recovers⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: China’s gold reserves grew by 160,000 ounces in November, reaching 72.96 million ounces, up from 72.80 million ounces. This development has raised hopes for further gains in gold prices and is expected to support demand for the precious metal. Meanwhile, Friday's Nonfarm Payrolls (NFP) report revealed that the US economy created 227,000 new jobs in November, surpassing the forecasted increase of 200,000. ⭐️Personal comments NOVA: After breaking the sideway price range, gold price recovered well. Moving with the H1 Uptrend, the price range 2688, 2700 is the target resistance area. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2687 - $2689 SL $2694 TP1: $2680 TP2: $2670 TP3: $2660 🔥BUY GOLD zone: $2656 - $2654 SL $2649 TP1: $2665 TP2: $2678 TP3: $2687 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
2
GOLD--> Consolidation. Waiting for new move to change trend.OANDA:XAUUSD mild fluctuations on Friday and a second consecutive weekly decline were recorded. Accordingly, the precious metal lost approximately 0.5% this week, after hitting its lowest level since November 26 at the start of the trading session. So, do you wonder what factors have impacted XAUUSD? Talking About Influencing Factors: The sentiment among short-term traders and technical positioning in the gold market has clearly cooled, with efforts underway to find momentum to improve sentiment in the short term. Throughout the day, gold showed little reaction to the much-anticipated employment data of the week. The latest report revealed that although job growth remains relatively stable, cracks in the U.S. labor market have begun to emerge, suggesting potential vulnerabilities. Regarding U.S. monetary policy, midweek, Fed Chair Jerome Powell noted that the U.S. economy is stronger than it was in September and adopted a more cautious stance regarding rate cuts. According to the CME Group's FedWatch Tool, with two rate cuts already this year, traders predict a 68% probability that the Fed will cut rates by another 25 basis points at its December 17–18 meeting. Theoretically, it remains unclear whether gold can sustain an uptrend as prices approach a strong resistance level. Talking About Technicals: Gold is currently in a sideways trend, so we are considering trading within the range's boundaries. Our focus is on the local channel from H1 2660 - 2615. At this point, gold is heading toward the upper zone of interest. A false breakout of the main resistance zone and price consolidation in the selling area may lead to a price decline toward the lower boundary of the sideways range. Assess, share your thoughts and questions, and let’s discuss what’s happening with OANDA:XAUUSD :))
OANDA:XAUUSDShort
by Bentradegold