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Gold Price Analysis February 4⭐️Fundamental Analysis Gold prices had a volatile trading session on Monday as they paused their gains as investors assessed the impact of Trump's new tariffs, strong US economic data and the Fed's hawkish stance. The US dollar also recovered as markets were cautious ahead of the imposition of tariffs on China. However, if the JOLTS jobs data misses expectations, along with further comments from the Fed, the selling pressure on the US dollar could increase, helping gold continue to rise. The market is also watching for a possible risk recovery, which could spur a sell-off in the US dollar and support gold prices. Gold prices fell to $2,773 in the first session of the week as safe-haven flows into the US dollar after Trump announced new tariffs. However, after the US, Mexico and Canada agreed to postpone tariffs, the USD weakened, helping gold rise to a record high of $2,831 before adjusting to $2,815, as the Fed maintained its cautious stance on monetary policy. ⭐️Technical Analysis Gold declined after reaching an all-time high around 2831. This is just a temporary pullback for further increases. Buyers are accumulating heavily at 2800 and 2772. And the ATH peak can reach 2850 at the moment if it breaks 2831. It is currently in the session phase and the 2811 area plays a key role for the pullback to 2800 in the European session.
OANDA:XAUUSD
by TVS-Trader
3
GOOGLE Wyckoff Distribution?Google is showing characteristics of Wyckoffe distribution as indicated by the initial impulsive move up, a buying climax, multiple secondary tests, and this final upthrust movement into heavy call gamma resistance at $210. A close below $200 could precede a major sell-off lasting up to 1-2 months. Will be watching closely on earnings. This is not financial advice, this is simply my opinion and part of my trade journal where I am keeping ideas on market movements but not necessarily taking any position.
NASDAQ:GOOGShort
by JohnnyOutofPocket
1
Eternal PainWill Virgin Galactic ever provide share holders with anything but pain? The board is no help as they continue to issue more shares. However; there is a potential bright future. Currently the equity value of the company is lower than the liquidation value of the firm. The enormous cash burn is slowing as most of the capex necessary for flights is ready to go. Given their booking backlog, once they start a solid rhythm a lot of cash is going to be generated. Look at their most recent investor presentation. With conservative estimates when (if) regular flights begin one spaceport will generate $500m per annum in EBIT [ ] With profits and any sort of multiple on earnings the future could be galactic. My hopium induced reason for owning this since $5.90 is one day in the next 3-5 years this could be a legitimate 100+ bagger. Space is the ultimate growth arena and with SpaceX focused on mars and industrial matters, Blue Origin no where to be found, the moat is large and the industry is wide open.
NYSE:SPCELong
by tyjohnson123d1
2
Lingrid | EURUSD Gaps Down. Short Opportunity The price perfectly fulfilled my last idea. It hit the target level. The February candle opened with a significant gap. Typically, when a gap occurs, the price tends to fill that gap, and this time may be no exception. If FX:EURUSD does fill the gap, it could present an opportunity to short the market. Given that the market opened near the previous month's low, I believe it may consolidate above that level before moving lower or filling the gap and then continuing its downward movement. It seems likely that the price will form a range zone during this time. I expect the market to at least retest the previous monthly low and the area below it. My goal is support zone around 1.01300 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
7
Cardano (ADA) – Potential Rebound or Further Decline?hello guys! such a day! let's look at ADA! Breakdown from the Ascending Channel: The price has fallen below the ascending channel, signaling a potential bearish trend continuation. A key support level around 0.7765 was broken, and the price is now testing lower regions. Two Possible Scenarios: Bullish Rebound: If the price reclaims 0.7765, a retest of higher levels like 0.95 - 1.00 USDT is possible. Bearish Continuation: If rejection occurs, price could drop further towards the 0.4836 Fibonacci level and even 0.2910 as the next demand zone. Key Support and Resistance Zones: Resistance: 0.7765 - 0.80 USDT (previous support, now resistance). Support: 0.63 USDT, 0.48 USDT, and 0.29 USDT (major demand zones). Trading Outlook: Bullish Case: A successful reclaim of 0.7765 could lead to a price recovery. Bearish Case: Failure to hold current levels may result in further downside. Traders should monitor price action near 0.63 USDT for confirmation of the next move.
by melikatrader94
7
PUMP to 2$This chart displays a bullish outlook for DOGE/USD on the weekly timeframe. The current price is $0.33, with an EMA (50) at $0.19 signaling a strong uptrend 📊. The chart suggests a key support zone around $0.20, ideal for entries 📉, and targets an ambitious price of $2.06, indicating potential growth of over 500% 🚀. A descending wedge breakout and higher lows support the bullish thesis 📈. The RSI is at 67.35, close to overbought, hinting at momentum but also a need for caution ⚠️. A pullback near $0.20 could provide better risk-reward entry opportunities.
COINBASE:DOGEUSDLong
by ehsancrypto72
2
Bitcoin can exit from triangle and continue to fall nextHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price started to grow inside the upward channel, where it at once rebounded from the resistance line of the channel and fell to the support line. Then BTC broke the support level and rose in a short time to the resistance line of the channel and then it started to decline. Bitcoin fell to the support level, which coincided with the buyer zone, thereby exiting from the channel and after it some time traded between 94250 level, it fell to 90850 points. Next, the price impulsed and continued to grow inside the upward triangle, breaking the support level again. Later it reached the even resistance level, which coincided with the seller zone. Soon, BTC broke the 104700 level, rose to the resistance line, and then fell back and continued to trades between the 104700 level. Later BTC broke this level and fell below, after which turned around and quickly rose to the resistance line of the triangle and then dropped to the support line, where at the moment continues to trades close. So, in my mind, I think that Bitcoin can move up and then exit from the triangle and continue to decline to the 94250 support level. For this case, I set my TP at this level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
4
Tesla UpdateLooking at how crypto is acting and how the ES opened tonight, I think it highly probable that the white count is playing out as expected. Of course, Tesla doesn't have to follow the market, but the probability that it bucks the overall momentum is very low. If it does open as expected, the white fibs here will help to guide the price lower. I would expect it to hit the 1.0 @ $324.26 at the minimum with a greater chance of tagging the 1.382-1.618 @ $280.15 - $252.91 respectively. We will just have to wait to see. At this juncture though, with the available data, the white count appears the most likely.
NASDAQ:TSLA
by TSuth
3
Bitcoin BTC price analysis + FED ratesHere is a CRYPTOCAP:BTC chart on which we have marked the days on which the Fed rates announced + #Trump inauguration as a bonus) Everyone can compare for themselves how the market reacted to the US macroeconomic data. ❗️ Today at 19.00 UTC, another update of the Fed's rate - the forecast is that it will remain unchanged at 4.50%, and if so, this is a pretty good option against the backdrop of rising inflation. 🔴The worst-case scenario for the OKX:BTCUSDT price is a drop to the range of $92-94k (+ we keep in mind a possible squeeze to $ 88K, especially on futures, in order to “remove” all the longs' stops in consolidation over the past 3 months) 🟢 It will be great if BTC.D also falls with the fall of #Bitcoin (and it has room to fall) - this will allow altcoins, which are already at the bottom, not to spill too much. The next announcement of the Fed's rate is on March 19, which means that a 1.5-month window will open, during which the market will have every chance to “come to life” _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
15
$GME - Another oneHi guys, Seeing a ton of short covering in the last 2-3 weeks for GME in my data. What i expect to happen: To keep things simple, i estimate that there will be about 30 days of $22-27 on GME, more likely on the lower end of those prices, then a 11% price increase around early early to mid march, a small drop from profit taking and possibly another 12% price pump mid-end March. The reasonable thing to do is to wait for you guys to drop it to $22-$23 range before buying in. imgur.com The trade: Not entirely sure from where the +11% pump will start, it could be from 22, 25 or even 27. Due to that i'm buying at $25 call expiring in around 45 days from today and then another one once you drop it to $22 ish. Basically ATM calls expiring before GME earnings as that seems to be the timeframe for what i see in my data. Will update this if the data changes excessively due to strange and excessive buying/selling caused by this post that may skew this play. Other: My AI training on this is still in progress. Will announce my website that uses my strategy on trading GME and a lot of other tickers soon.
NYSE:GMELong
by leenixusu
1