Get started

Priceactionanalysis

SasanSeifi| Can It Break Above $0.70?Hey there, ✌ Currently, in the daily timeframe chart, we can see that after a correction, Phantom has reacted to the previous resistance level at $0.55. The price is currently trading at $0.65. Given the current market conditions and the potential for Bitcoin growth, there is a possibility of positive fluctuations and price increases in the short to midterm. One possible scenario for BINANCE:FTMUSDT in the daily timeframe is that if the daily candle closes with a strong body and the price breaks above the $0.70 level, the potential for further growth to $0.88 and even reaching the $1 supply zone increases. These levels can be considered as important price targets. To validate this scenario, maintaining the $0.55 support level is crucial. On the other hand, if the $0.55 level is broken, the likelihood of further correction increases. 💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
FLong
by SasanSeifi
Gold Price Outlook: Key Insights for Next Weeks Trading DecisionGold just had its best week in recent times! This video analyzes the key factors driving the price surge – including geopolitical events and the latest US economic data. As Geopolitical uncertainty continues to drive demand, this video illustrates my trading idea. Join me as I analyze Gold’s price action, identify critical levels, and share actionable insights for the coming week. Let me know yours! #gold #goldinvesting #marketanalysis #usdata #pmi #consumersentiment #inflation #fed #tradingstrategy #forex Disclaimer Notice: Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
SAXO:XAUUSD
by darcsherry
7
Potential for Further Price Growth to $6.50 After Pullback!Hey there, ✌ The price entered an uptrend phase from the $3.70 range and, following the breakout of the descending trendline on the daily timeframe, has shown a significant increase, reaching $5.70. Currently, after this upward movement, the price has faced a slight correction and has returned to the broken $5 level. Given the overall market conditions, the outlook remains more bullish. It is expected that after this pullback, the price will likely continue its significant upward movement towards the $6 and $6.50 levels. The price ranges of $5 and $4.50 – $4.20 can be considered key reversal zones. If a bullish candlestick pattern is observed and confirmed, there is a high possibility of positive price fluctuations. 💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions! Happy trading!✌😎 Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Long
by SasanSeifi
SasanSeifi|Breaking $2.50, A Bullish Signal for LongTerm Growth! Hey there,On the 3-day timeframe, the price has been consolidating near its bottom range. If the price can break above $2.50 and hold this level, there’s potential for growth towards $4.00 and $4.50 in the medium term. Long-Term Outlook: After a pullback, the price may resume its uptrend, targeting $5.50, $6.50, and potentially $8.00 in the long term. The key support level for this analysis is $1.50. 💡 Keep in mind, this is just my personal perspective and shouldn't be considered as financial advice. I’d love to hear your thoughts and engage in a discussion! Happy trading!✌😎 Feel free to reach out if you have any questions or need more clarification. I'm always here to assist!✌ If you want any further adjustments, just let me know!
Long
by SasanSeifi
Gold price analysis November 22Gundamental analysis Gold (XAU/USD) maintained its strong intraday gains in early European trading and is now trading near a two-week high, just below the $2,700 mark. Persistent geopolitical risks stemming from the worsening Russia-Ukraine conflict helped the safe-haven precious metal extend its weekly rally for a fifth straight day. In addition, expectations that US President-elect Donald Trump’s expansionary policies could stoke inflationary pressures turned out to be another factor in favor of the commodity, which is seen as an inflation hedge. Meanwhile, buying of the US dollar (USD) remained unabated amid growing acceptance that higher inflation could limit the scope for further rate cuts by the Federal Reserve (Fed). Furthermore, expectations of a less dovish Fed, coupled with concerns over a larger fiscal deficit, still favor rising US Treasury yields, although they have not significantly dampened the bullish sentiment around non-yielding Gold. XAU/USD bulls have even ignored the prevailing risk-on sentiment, suggesting that the path of least resistance for bullion is to the upside. Technical Analysis 2708-2710 is emerging as a technical resistance zone at the moment with corrective waves expected. 2673 and 2675 are the two targets we are aiming for. Note that today is the weekend so huge volatility is still waiting for the US session.
OANDA:XAUUSD
by TVS-Trader
SasanSeifi|Will Gold Reach Higher Targets!?Hey there, ✌Analyzing the gold chart on the 2-hour timeframe shows that after a bearish trend and reaching the 2540 level, the price entered a consolidation phase and faced demand. Following the breakout of the supply zone, the price rallied to the 2640 range. Currently, after hitting the 2640 resistance, the price has started a corrective move toward the support zone at 2620-2610. In a bullish scenario, the price is expected to target levels of 2645, 2650, 2660, and potentially 2667-2675. However, rejection and further corrections are possible from these levels. If the price breaks below 2610 and stabilizes, the likelihood of further declines toward 2600-2590 increases. On the daily timeframe, the overall outlook leans more towards a bearish move, with a target of 2500. 💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions! Happy trading!✌😎 Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
FOREXCOM:XAUUSD
by SasanSeifi
[INTRADAY] #BANKNIFTY PE & CE Levels(21/11/2024)Today will be flat opening expected in banknifty. After opening if banknifty sustain above 50550 level then possible upside movement upto 50950+ level. Strong Downside fall possible if banknifty starts trading below 50450 level. This downside rally can goes upto 400-500 points. 50050 will act as a downside support for today's session. Below this support level if banknifty gives breakdown of 49950 level then possible sharp fall in market.
NSE:BANKNIFTY
by TradZoo
Gold Price Analysis November 20Fundamental Analysis Gold prices attracted some follow-through buying for the third consecutive day on Wednesday and rose to a one-and-a-half week high, around the $2,641-$2,642 region during the Asian session. Rising tensions between Russia and Ukraine continued to boost demand for traditional safe-haven assets, coupled with slowing US Dollar (USD) price action, acting as a bullish driver for the precious metal. That said, overnight comments from Russian and US officials helped ease market concerns about the onset of an all-out nuclear war, which was evident in the generally positive tone in equity markets. Additionally, a healthy rise in US Treasury yields favored USD bulls and warranted some caution before positioning for any further upside moves in Gold prices. Technical analysis The uptrend is clearly shown in the time frames and the important resistance level is at 2660-2662. Today's trading plan is mainly waiting for BUY signals when there are retest beats. Pay attention to the retest price zones noted on the chart to have a good trading strategy for yourself. Those are Fibonacci zones and also psychological zones that the market is respecting. 2622-2613-2597 are the zones to pay attention to.
OANDA:XAUUSD
by TVS-Trader
4