World gold prices reached record levelsWorld gold prices hit record levels as uncertainties surrounding the US presidential election and geopolitical conflicts in the Middle East sent investors looking for safe haven assets. Along with that, the loose monetary policy environment continues to keep gold prices at high levels.
Gold has seen gains of more than 30% this year, surpassing record levels, boosted by expectations the Federal Reserve will cut interest rates further after a 0.5% cut. % points interest rates last month and ongoing geopolitical uncertainties.
USD-Index - a measure of the strength of the greenback with a basket of major currencies - currently reaches 103.7 points, down 0.05% compared to before.
💎 TVC:GOLD sell 2710 - 2712💎
✔️TP1: 2690
✔️TP2: 2680
✔️TP3: OPEN
🚫SL: 2720
💎 TVC:GOLD buy 2690 - 2692💎
✔️TP1: 2710
✔️TP2: 2720
✔️TP3: OPEN
🚫SL: 2683
M-signal
XRPUSDT : SELL ? The chart for XRP/USDT shows that the price recently tested a strong resistance zone around $0.55 to $0.64 but failed to break above it, resulting in a pullback. Currently, the price is trading near $0.5375, hovering just above a key support level.
A breakdown from this level could see the price declining towards the $0.43 zone, as indicated by the downward projection. This would represent a bearish move following the failure to sustain gains above the trendline and resistance zone. Conversely, if the price manages to bounce back from the support region, it could attempt another rally to retest the resistance, but further upside momentum would depend on breaking through this critical level.
Traders should keep an eye on these key zones: $0.4338 as support and $0.5574-$0.5580 as resistance, to gauge potential moves in the near future.
Ethusdt trading strategyThis Ethereum (ETHUSDT) chart shows the price consolidating within a symmetrical triangle pattern. Currently, ETH is moving near the upper boundary of the triangle around $2,620, indicating potential breakout scenarios.
Bullish Scenario: If ETH breaks above the triangle's resistance, it could trigger a sharp upward movement, potentially reaching higher price levels around $2,800 or beyond.
Bearish Scenario: On the other hand, if the price fails to break out and moves lower, it may retest the support area near $2,500, which could provide another buying opportunity.
This consolidation pattern suggests that a significant move is coming soon. Traders should keep an eye on the triangle's boundaries for a clear breakout or rejection to define their next steps.
What changes in gold price today ?Gold is currently trading around $2,649 USD, showing little movement compared to the same time during yesterday’s session.
Looking ahead, there’s a possibility that gold could drop to the $2,600 USD/ounce level. However, the safe-haven demand, fueled by concerns over geopolitical tensions in the Middle East, is likely to help gold regain its strength quickly.
In the short term, gold may continue its consolidation phase, much like the past few weeks, as it navigates between Middle Eastern conflict and the Federal Reserve’s monetary easing policies.
On a more optimistic note, while the surge of the USD and strong economic data could have pushed gold lower, the recent decline has been relatively shallow. This suggests that the buying interest in gold is far from over.
BTCUSDT trading strategy today!BTCUSDT appears to be in a consolidation phase after a recent breakout from a descending trendline that previously acted as resistance. This breakout, happening near the $66,051 level, was followed by a strong upward move, suggesting bullish momentum has strengthened.
Key levels to watch:
Support Zone ($66,000 - $66,500): After breaking out, the price has revisited this zone, and it now acts as a key support. Bulls are expected to defend this level to maintain the uptrend.
Resistance ($67,000 - $68,000): The price has met some resistance around the $67,000 area. However, with the bullish structure intact, there’s potential for another leg higher, with the next target around $68,000 or higher.
The price action shows two previous descending moves marked by ellipses, both of which were rejected around the $66,000 level before breaking out. This area continues to be a battleground, and the bulls are currently holding above it. As long as BTC stays above $66,000, further upside is likely.
Projection: There’s a potential for BTC to retest the support zone before continuing the upward move. A bounce from this zone could see BTC heading towards $68,000 in the short term, as indicated by the curved blue arrow.
Summary: BTC has successfully broken out of the downward trendline, and the current retest of support around $66,000 could be a healthy consolidation before the next upward push. If the bulls can maintain control, we could see BTC continue to climb towards $68,000 and beyond.
Audjpy signalAfter the release of strong employment data from Australia, the AUD/JPY currency pair increased by more than 100 dollars. Considering the interest rate differential between the two countries and the lack of further rate hikes in Japan, the likelihood of the first scenario is higher. The second scenario is more likely if the market becomes risk off, leading to the rise of safe-haven currencies like the Japanese yen. In that case, we would expect to see a decline in the AUD/JPY pair down to the bottom of the triangle pattern.
Target for the first scenario (long trade): 101.425
Target for the second scenario (short trade): 99.705
AUDUSD The Target Is UP! BUY!
My dear followers,
This is my opinion on the AUDUSD next move:
The asset is approaching an important pivot point 0.6694
Bias - Bullish
Safe Stop Loss - 0.6659
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal -0.6754
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GOLD Set To Fall! SELL!
My dear friends,
Please, find my technical outlook for GOLD below:
The instrument tests an important psychological level 2694.2
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 - 2667.7
Recommended Stop Loss - 2707.7
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURUSD: Long Trading Opportunity
EURUSD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURUSD
Entry Point - 1.0816
Stop Loss - 1.0753
Take Profit - 1.0947
Our Risk - 1%
Start protection of your profits from lower levels
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AUDJPY Will Collapse! SELL!
My dear friends,
Please, find my technical outlook for AUDJPY below:
The price is coiling around a solid key level - 100.21
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 99.945
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
CADCHF Trading Opportunity! BUY!
My dear subscribers,
This is my opinion on the CADCHF next move:
The instrument tests an important psychological level 0.6242
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 - 0.6268
My Stop Loss - 0.6229
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.
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WISH YOU ALL LUCK
AUDCAD Expected Growth! BUY!
My dear friends,
My technical analysis for AUDCAD is below:
The market is trading on 0.9187 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9226
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
AUDNZD Technical Analysis! BUY!
My dear followers,
I analysed this chart on AUDNZD and concluded the following:
The market is trading on 1.0998 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1042
Safe Stop Loss - 1.0973
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Ripple / XRP AnalysisXRP price today is $0.39 with a 24hour trading volume of 1.2 billion dollar. XRP price is up 1% in the last 24 hours and 11% since last week
In the daily timeframe, the price formed an ascending price channel pattern, and after being supported by the lower trendline, it started moving upward. However, the $0.4 resistance level has paused the rally for now, resulting in short-term price consolidation.If xrp surpasses the $0.4 level, the channel’s middle trendline and the $0.5 levels will be the next obstacles to surpass. On the other hand, if the $0.4 level rejects the price, the channel’s lower boundary will be the next significant support level. short term targets are 0.43 , 0.45 , 0.47 and 0.5$
Ripple Moves 100M XRP amid growing whales Interest in asset plus xrp overtakes BTC and ETH in terms of trading Volume in Australia
EURUSD Massive Long! BUY!
My dear subscribers,
My technical analysis for EURUSD is below:
The price is coiling around a solid key level - 1.0875
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.0970
My Stop Loss - 1.0819
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
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WISH YOU ALL LUCK
GBPAUD: Short Trade with Entry/SL/TP
GBPAUD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GBPAUD
Entry - 1.9507
Stop - 1.9594
Take - 1.9359
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
GOLD: Bearish Continuation & Short Signal
GOLD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GOLD
Entry Point - 2680.1
Stop Loss - 2696.1
Take Profit - 2650.5
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
USDJPY What Next? BUY!
My dear friends,
Please, find my technical outlook for USDJPY below:
The instrument tests an important psychological level 149.19
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 - 149.54
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GBPCAD The Target Is DOWN! SELL!
My dear friends,
GBPCAD looks like it will make a good move, and here are the details:
The market is trading on 1.8067 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.7965
Recommended Stop Loss - 1.8120
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
TSLA - Get Ready To Long Again...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈TSLA has been trading within a big symmetrical triangle marked in blue.
Moreover, it is retesting a strong support zone around $200 round number marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.
📚 As per my trading style:
As #TSLA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Ethereum Eyes Breakout Above Key Resistance
In this 1-hour ETH/USDT chart, Ethereum shows strong upward momentum, highlighted by the large blue arrow.
Key Points:
Clear Uptrend: Ethereum has been moving in a steady uptrend, reflected in the price action staying above the moving averages. This signals that buyers are still in control, with higher highs and higher lows forming consistently.
Support Area: The green zone, around $2,590 to $2,600, acts as a solid support level. Price may pull back here before finding enough buying interest to push higher again.
Resistance Zone: The red area, between $2,670 and $2,690, is a key resistance where the price has previously struggled to break through. If Ethereum tests this level again, it could be a critical turning point.
Potential Move: The chart hints at a possible dip back to the support zone, followed by a bounce towards resistance. If the price breaks above the $2,690 mark, it could rally further, with a target potentially around $2,748.