EURGBP Bearish Continuation Setup Potential Drop to Key Support📌 Overview:
The EUR/GBP pair is showing signs of bearish continuation after failing to break above key resistance levels. Price action indicates a potential downward move towards a major support zone, aligning with the overall market structure.
🔎 Technical Analysis:
The pair has formed a lower high, indicating weakness in bullish momentum.
A breakdown from the recent consolidation zone suggests sellers are in control.
Price has breached a key support level, turning it into a resistance zone.
The market structure indicates a potential drop towards 0.82773, which aligns with a previous support area.
📊 Key Price Levels:
✔ Resistance: 0.84000 - 0.84200 (previous support turned resistance)
✔ Current Price: 0.83876
✔ Target: 0.82773 (major support and liquidity zone)
✔ Stop Loss: Above 0.84000, invalidating the bearish setup
📉 Trade Plan & Execution:
🔹 Entry Strategy:
Traders can look for a retest of broken support (now resistance) near 0.84000 to confirm selling pressure.
A bearish rejection candle (such as a shooting star, bearish engulfing, or pin bar) could confirm the continuation of the downward trend.
🔹 Profit Target:
The primary target is 0.82773, which acts as a strong demand zone from previous price action.
🔹 Risk Management:
A stop loss should be placed above 0.84000, as a break above this level would invalidate the bearish setup.
Maintaining a favorable risk-to-reward ratio (1:2 or better) is advisable for optimal trade execution.
📢 Market Outlook & Considerations:
✅ Bearish Confirmation: Sustained rejection from resistance and lower highs strengthen the bearish outlook towards 0.82773.
🚨 Bullish Reversal Risk: A break above 0.84000 could invalidate the setup, signaling a potential return to bullish momentum.
📊 Fundamental Factors: Keep an eye on GBP and EUR-related economic data, central bank policies, and risk sentiment, which could impact price movements.
Sellsetup
USD/JPY Bearish Continuation📉 Trend Analysis:
The chart shows a breakdown from an ascending channel, indicating a potential bearish reversal after an extended uptrend.
Price has formed a descending channel, reinforcing the short-term bearish structure.
🔍 Key Levels:
Sell Zone: Around 0.0066848 - 0.0066919, acting as resistance.
First Target: Around 0.006490, a strong support area.
Second Target: Around 0.0065692, marking a deeper level of bearish continuation.
Final Target: Around 0.0064632, a critical demand zone.
📌 Trade Plan:
Look for sell entries on a possible pullback to the resistance zone.
Confirmation through rejection candles or continuation patterns could strengthen the bearish case.
⚠ Risk Management:
Stop loss above the previous resistance around 0.0067184.
Take profits gradually at key support zones.
Gold (XAU/USD) on a 4-hour timeframe, showing a potential short Chart Analysis:
Current Price: $3,039.93
Resistance Level: $3,055.47 (marked as a key level where a sell opportunity is identified).
Target Level: $3,000.73 (suggested as the take-profit area).
Support Zone: Highlighted around $2,900.
Trading Idea:
The price is in an uptrend, but a potential reversal is expected at the $3,055.47 resistance level.
If the price fails to break above this resistance, a short position could be considered.
Entry Strategy: Sell near $3,055.47 upon confirmation of rejection.
Target: A drop towards $3,000.73.
Stop Loss: Above the resistance zone to manage risk.
Conclusion:
This is a counter-trend short setup, aiming for a pullback within the broader bullish trend. Traders should monitor price action near resistance before entering a trade.
GOLD ROAD MAP 3000 TO WATERFALL ALERT!🔥 Attention Traders! 🔥
XAUUSD is on fire! 🔥 Here's the latest update:
🔻 Bearish Outlook: Watch out for a potential drop if price falls below 2979. Targets: 2940 & 2960.
🔺 Bullish Outlook: A breakout above 2989 could lead to buying opportunities! Watch for targets: 3000 & 3020.
📈 Stay Tuned: Share your thoughts and strategies as we navigate this golden market! Let's hit new highs! 💰🚀
EURUSD continue decrease H1 🔔🔔🔔 EURUSD news:
👉The EUR/USD pair slips to around 1.0835 during Asian trading hours on Friday, as the Euro (EUR) weakens against the US Dollar (USD) amid rising trade tensions between the United States and the European Union. Later in the day, market participants will focus on Germany’s Harmonized Index of Consumer Prices (HICP) for February and the preliminary Michigan Consumer Sentiment report for March.
Personal opinion:
👉Price is falling along the trendline, the main trend of H1, along with the increase of the dollar through tax policies. EURUSD continues to be under downward pressure (Trump administration threatens new tax rates for EU)
Technical analysis:
👉trendline H1 + resistance ( news USD today )
Plan:
🔆Price Zone Setup:
👉SELL EURUSD 1.08400 - 1.08500
❌SL: 1.08800
✅TP: 40 - 70 -120 PIPS
FM wishes you a successful trading day 💰💰💰
Bearish thesis for GOLD for the weekend XAU had been on a steady Bullish Run , Rightfully so.
if any asset deserves to appreciate in its price while doing the most amount of Good, its GOLD
But we traders , look for technical opportunities
that's where this trade idea comes in.
- Gold is pressuring its recent range with limited bullish strength
- also its its most popular cross - USD gaining substantial momentum the last 2 Quarters can make room for a correction before the trend continues to the upside.
therefore falling back on pure technical calculations leads us back to our excel sheets for daily range projections which put our range to be exactly 1.03% or 3034 /303* pips depending your brokerage metrics.
which leads me to make this 1:4 Trade idea for this week.
cheers.
Bears dominate gold continues today⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) find support near the $2,880 level during Tuesday’s Asian session, drawing dip-buyers and partially recovering from the previous day’s drop to a one-week low.
Investor sentiment remains cautious amid uncertainty over US President Donald Trump’s trade policies and their potential impact on the global economy. The prevailing risk-off mood, compounded by geopolitical tensions, continues to fuel demand for the safe-haven metal
⭐️Personal comments NOVA:
US economy plummets, fears of recession due to rising trade tensions
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2915 - $2917 SL $2922
TP1: $2910
TP2: $2900
TP3: $2890
🔥BUY GOLD zone: $2860 - $2862 SL $2855
TP1: $2870
TP2: $2880
TP3: $2890
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
SHORT ON EUR/CHFEUR/CHF is currently at a major resistance level and his recently mitigated a FVG sitting in the same zone.
Price has been rising in what seems like forever on this pair, we finally have gotten our change of character (choc) to the downside with sweeps of liquidity and fvg's now balanced out.
I expect price to fall to the next demand level where plenty of liquidity sits.
I am selling EUR/CHF now looking to make over 200 pips to the downside.
GBP/USD SELL IDEA (R:R=5)Selling GBP/USD now. I placed a sell earlier at 1.29276 after seeing a wonderful BUTTERFLY form on the 30 min chart. Already starting to form lower highs and lower lows on smaller timeframes.
Stop Loss is: 1.29552
(Due to SL hunting)
Please move SL to break even when trade is 100+ pips in profit.
1st Target: 1.26730
2nd Target: 1.26072
3rd Target: 1.25680
Happy Trading! :)
H1 bearish pattern appears , XAU / USD ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The US labor market showed signs of slowing last month, reinforcing expectations that the Federal Reserve will proceed with multiple rate cuts this year. This sentiment pressured the US Dollar while boosting the price of USD-denominated commodities.
Data from the US Bureau of Labor Statistics (BLS) on Friday revealed that Nonfarm Payrolls (NFP) rose by 151,000 in February, following January’s upwardly revised 125,000 (previously 143,000), falling short of the 160,000 market forecast.
Meanwhile, the Unemployment Rate edged up to 4.1% from 4.0% in January, while annual wage inflation, measured by Average Hourly Earnings, ticked higher to 4.0% from 3.9%, though it was revised down from an initial 4.1%.
⭐️Personal comments NOVA:
Gold price is sideways around 2910 at the beginning of the week, H1 frame shows head and shoulders pattern, downtrend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2928 - $2930 SL $2935
TP1: $2920
TP2: $2910
TP3: $2900
🔥BUY GOLD zone: $2891 - $2893 SL $2886
TP1: $2900
TP2: $2910
TP3: $2920
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
GBP/JPY SELL IDEA (R:R=4.8)I just placed a sell order for GBP/JPY at 191.700. We have a wonderful X BAT that just formed on the 1 HOUR chart.
Please trade with proper risk management, since we have news announcements coming out at 8:15 AM EST today.
ADP Non-Farm Employment Change
Stop Loss: 192.368 (Daily High)
Take Profit: 188.450
Happy Trading!
GBP/JPY Sell Setup – Inverse Cup & Handle Pattern Confirmed!### **📉 GBP/JPY Sell Setup – Inverse Cup & Handle Pattern Confirmed! 🚀**
GBP/JPY is forming a **bearish inverse cup & handle pattern**, with **EMA50 confirming the downtrend**, making it a strong sell opportunity.
🔹 **Sell Entry:** **189.100**
🔹 **Stop Loss:** **189.700** (60 pips above entry)
### **📊 Take Profit Targets:**
✅ **TP1:** **188.700** (40 pips profit)
✅ **TP2:** **188.300** (80 pips profit)
✅ **TP3:** **187.900** (120 pips profit)
### **📌 Trade Management:**
✔ **Stick to SL & TP levels** to manage risk.
✔ **Secure profits** as price moves towards TP3.
✔ **Use proper position sizing** for risk management.
🔥 **Execute wisely & trade safely! 🚀📉**
Gold short term recovery - downtrend⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) start the week on a strong footing, rebounding further from Friday’s three-week low near $2,833–2,832. Despite US inflation data aligning with expectations, traders remain confident that the Federal Reserve will implement two quarter-point rate cuts by year-end. Additionally, renewed selling pressure on the US Dollar supports the appeal of the non-yielding yellow metal.
⭐️Personal comments NOVA:
Gold price recovers in short term, sellers are dominating, retesting liquidity zone 2883
⭐️SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2832 - $2834 SL $2827
TP1: $2840
TP2: $2850
TP3: $2960
🔥 SELL GOLD zone: $2883 - $2885 SL $2890
TP1: $2875
TP2: $2868
TP3: $2860
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
Downward momentum, downtrend next week, XAU ✍️ NOVA hello everyone, Let's comment on gold price next week from 03/3/2025 - 03/07/2025
🔥 World situation:
US President Donald Trump confirmed that 25% tariffs on Mexican and Canadian goods will take effect next week on March 4. Meanwhile, the Fed’s preferred inflation gauge, the Core PCE Price Index, signaled continued progress toward the central bank’s 2% target.
Following the data, expectations for further Fed policy easing grew. According to Prime Market Terminal, the Fed is anticipated to cut rates by 70 basis points this year, with investors betting on the first reduction in June.
🔥 Identify:
Breaking the trend, gold continues to maintain a downtrend
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2876, $2903, $2956
Support : $2810, $2773
🔥 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
- The winner is the one who sticks with the market the longest
EURUSD Potential Short Setup - 1HR Swing TradeThis trading idea proposes a short position in EURUSD on the 1-hour timeframe, based on the expectation of a continued downward move. The entry point is strategically located at a resistance level, with a stop-loss order to manage risk and a take-profit target set at a potential support zone.
Disclaimer :
This analysis is based on the provided image and should not be considered financial advice. Trading involves risks, and it is essential to conduct your own research and consult with a financial advisor before making any trading decisions.
trend towards 2845, trend continues to strengthen! gold ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) declines for the second consecutive day, hitting a two-week low around $2,860 during Friday's Asian session. The US Dollar (USD) continues its recovery for the third straight day, supported by expectations that the Federal Reserve (Fed) will maintain its hawkish stance due to persistent inflation. This strengthens the USD and weighs on the non-yielding gold.
⭐️ Personal comments NOVA:
The gold price adjustment is mandatory, along with the influence of the world financial sectors, selling off at the same time. The trade war is very close, gold is also negatively affected by investors.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2891 - $2893 SL $2898
TP1: $2885
TP2: $2878
TP3: $2870
🔥 BUY GOLD zone: $2846 - $2844 SL $2839
TP1: $2852
TP2: $2860
TP3: $2870
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
SCALPING ! XAU , waiting for entry SELL 2928 , TRENDLINE⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Richmond Fed President Thomas Barkin said Tuesday he will take a wait-and-see approach on interest rates until there's clear evidence that inflation is returning to the Fed's 2% target.
Dallas Fed President Lorie Logan suggested that, in the medium term, the Fed should focus on buying more short-term securities to better align its portfolio with Treasury issuance, according to Bloomberg.
⭐️ Personal comments NOVA:
Gold price is still moving in the H1 downtrend line, the price zone is correcting and accumulating above 2900.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2928 - $2930 SL $2933 scalping
TP1: $2924
TP2: $2920
TP3: $2915
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
Scalping ! XAU ! wait for price recovery at SELL entry 2947⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Chicago Fed President Austan Goolsbee emphasized on Monday that the central bank will adopt a cautious approach, waiting for more clarity before considering rate cuts.
Meanwhile, the World Gold Council (WGC) reported that gold-backed ETFs saw their biggest weekly inflow since March 2022.
Traders now focus on upcoming US data, including the Conference Board's Consumer Confidence Index and the Richmond Manufacturing Index, along with speeches from Fed officials, which could impact the USD.
⭐️ Personal comments NOVA:
Accumulated price zone according to H1 trendline, continue sideways waiting for tariff momentum to reach 3000
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2947 - $2949 SL $2952
TP1: $2943
TP2: $2938
TP3: $2930
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
XAU / USD, recovery at the beginning of the week⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) sees renewed buying interest during the Asian session on Monday but stays within its recent range near last week’s record high. Ongoing uncertainty over US President Donald Trump's trade tariffs and their global economic impact, coupled with broader risk aversion, supports the safe-haven metal. Additionally, geopolitical tensions and a weaker US Dollar further bolster demand for gold.
⭐️ Personal comments NOVA:
Gold price recovered positively at the beginning of the week, mainly sideways and accumulated below 2955
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2916 - $2918 SL $2911
TP1: $2920
TP2: $2925
TP3: $2930
🔥 SELL GOLD zone: $2952 - $2954 SL $2959
TP1: $2948
TP2: $2940
TP3: $2930
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
Bears return - pushing prices down at the end of the week⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) hovers near its all-time high after hitting a new peak in early European trading on Thursday. The surge follows US President Donald Trump's comments suggesting a potential trade deal with China. At the same time, geopolitical tensions rise as Trump claims Ukraine initiated the war with Russia and hints at repayment for US financial aid.
Meanwhile, the Federal Reserve's January meeting minutes had little market impact, with only a few FOMC members favoring steady rates. Expectations for a possible rate cut in June remain intact.
⭐️ Personal comments NOVA:
Gold price moves within the H1 trend line in the Asian session at the end of the week, selling pressure creates market liquidity, pay attention to important support zones: 2919, 2906
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2919 - $2921 SL $2916 scalping
TP1: $2924
TP2: $2928
TP3: $2935
🔥 BUY GOLD zone: $2905 - $2907 SL $2900
TP1: $2915
TP2: $2922
TP3: $2930
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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