XAUUSD Short Setup: Potential Sell Opportunity!We're eyeing a short opportunity on XAUUSD around the $2355-2360 range, where the price is expected to encounter resistance. This level coincides with the Fibonacci 0.50 retracement level, a key trendline test, and upcoming PMI news, suggesting a potential reversal. Heightened geopolitical tensions further support the bearish bias. Stay tuned for detailed analysis and trade insights!#XAUUSD #ForexTrading #ShortSetup #TechnicalAnalysis #GeopoliticalFactors #PMINews
Sellsignal
GBPAUD → Trade Analysis | SELL SetupHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPAUD
I still did my best and this is the most likely count for me at the moment.
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Gold Shows Sell Signals Amidst DowntrendStay informed with our latest analysis of the XAUUSD market! Gold prices are currently trading around $2400, exhibiting a downtrend with sell signals. Recent price action has breached key support levels, with technical indicators like moving averages and RSI indicating selling pressure. Explore potential trading opportunities with our detailed analysis now!
BTC !! Adjust before HAVING zone 60,000⭐️ Smart investment, Strong finance
⭐️ CRYPTO INFORMATION:
Bitcoin's price has experienced a significant decline since April 9. However, the downward trend has become more pronounced in recent days due to three primary factors.
Firstly, the escalating confrontation between Iran and Israel has contributed to the market's unease. The former Mossad intelligence chief's statement suggesting a potential strike on Iran's nuclear facilities has heightened tensions and caused panic among investors. As a result, many are seeking refuge in traditional assets like gold and silver, further impacting Bitcoin's price.
Secondly, Federal Reserve Chair Jerome Powell's recent hawkish stance has added to the market uncertainty. In a Tuesday announcement, Powell expressed the Fed's continued lack of confidence in inflation levels. He indicated that interest rates may remain higher for an extended period. This unexpected reversal caught the market off guard, as it had been anticipating a rate cut in June. Now, there is doubt regarding the possibility of any rate cuts in the near future.
Lastly, the ongoing COVID-19 pandemic and its impact on global economies have also played a role in Bitcoin's price crash. As countries struggle to contain the virus and deal with its economic repercussions, investors are becoming increasingly cautious and seeking safer investment options.
These catalysts, combined with other market factors, have contributed to the current decline in Bitcoin's price.
⭐️ Personal comments NOVA:
BTC corrects around $60,000 before HAVING. Price range $50,000 - $52,000 is a good price range for the uptrend period to begin
⭐️ SET UP BTC PRICE:
🔥SELL BTC zone: $64.200 - $63.900 SL $64.700
TP1: $63.000
TP2: $61.500
TP3: $60.000
🔥 BUY BTC zone: $60.000 - $60.200 SL $59.400
TP1: $61.500
TP2: $62.200
TP3: $63.000
⭐️ 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
- The winner is the one who sticks with the market the longest
ETHUSDTETHUSDT is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
Gold is still in an Uptrend - waiting for a DOWN rhythm⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold began the week on a positive note, rising in early trading. This increase was primarily driven by the escalating conflict between Iran and Israel over the weekend. Concerned investors sought refuge in gold, a traditional safe haven, as they prepared for the new week after Iran's drones attacked Israel on Saturday evening.
The price of gold continues to be supported by market fears that Iran's unprecedented strike on Israel could lead to retaliatory actions. However, there is some comfort for the markets as the UK, France, and Egypt have condemned Iran's actions, and Saudi Arabia has called for restraint. This has helped to improve risk sentiment, creating a more favorable atmosphere in early Asian trading.
⭐️ Personal comments NOVA:
Still within the two upward trend lines - buying volume is decreasing. Wait for a downward adjustment
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2329 - $2327 SL $2322 scalping
TP1: $2335
TP2: $2340
TP3: $2350
🔥BUY GOLD zone: $2305 - $2303 SL $2297
TP1: $2312
TP2: $2325
TP3: $2335
🔥SELL GOLD zone: $2381 - $2383 SL $2388
TP1: $2370
TP2: $2360
TP3: $2350
⭐️ 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
- The winner is the one who sticks with the market the longest
ORDI SHORT TRADE DOWN TO $30.00The title says it..
In the same way BIGTIME tanked so spectacularly around new year, this coin will go the same way..
Sell it from the current price down to a TP at $30.00..
This is an extension of my previous ORDI signal, and is essentially still the same trade, only with an updated target..
PPI - will Gold prices continue to adjust downward?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) fell on Wednesday due to strong US consumer inflation figures, which reduced expectations of a rate cut by the Federal Reserve. However, it recovered during the Asian session on Thursday amid a weaker tone in equity markets. The prolonged higher interest rates by the Fed and concerns over the Middle East crisis are causing investors to turn to Gold as a safe-haven asset. Additionally, profit-taking in the US Dollar and lower US Treasury bond yields are also supporting Gold. Traders are now focusing on the US PPI data and Fedspeak for potential trading opportunities.
⭐️ Personal comments NOVA:
After yesterday's CPI data, suddenly all is well for the dollar. Today, another index assessing the level of US inflation PPI is predicted to continue to be positive for the dollar. Gold is under downward pressure
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2305 - $2303 SL $2297
TP1: $2312
TP2: $2320
TP3: $2330
🔥SELL GOLD zone: $2353 - $2355 SL $2360 Asian and European trading sessions
TP1: $2345
TP2: $2338
TP3: $2330
⭐️ 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
- The winner is the one who sticks with the market the longest
USD/ CAD !! DOWN correction wave ! 11/4/24 ⭐️ Smart investment, Strong finance
⭐️ USD/CAD INFORMATION:
The USD/CAD pair consolidates gains above 1.3650 in Asian trading hours, supported by stronger-than-expected US inflation. The Greenback reached a yearly high of 105.30. Investors are watching for cues from the US Producer Price Index (PPI) later today, with estimates of a 2.2% YoY increase in the headline PPI and a 2.3% YoY increase in the Core PPI.
The Bank of Canada (BoC) kept its key interest rate at 5% for the sixth consecutive time since July. BoC Governor Tiff Macklem stated that while recent inflation progress is encouraging, he needs more evidence before considering rate cuts. He also mentioned the possibility of an interest rate cut in June.
⭐️ Personal comments NOVA:
After a strong increase in price, the price needs an adjustment - a down wave to create liquidity and wait for the next motivational news.
⭐️ SET UP PRICE:
🔥SELL USD/ CAD zone: 1.36800 - 1.36950 SL 1.37400
TP1: 1.36500
TP2: 1.36100
TP3: 1.35800
⭐️ 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
- The winner is the one who sticks with the market the longest
Gap Down, Retrace, RolloverIm using this algo strategy to commit to a bars pattern from history in the Nasdaq. It seems that theres a high chance for continued pullback in the broader index led by tech and risk equities as bear volume picks up. these are the levels im watching for short opportunities.
Gold price approaches $2,300 price expectation⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) has surged to record highs of nearly $2,250 per troy ounce in the early Asian session on Monday. This increase is driven by several factors, including the anticipation of a shift in monetary policy by the Federal Reserve (Fed) in the second half of 2024, ongoing geopolitical tensions in the Middle East, and hopes for China's economic recovery.
The possibility of central banks implementing looser monetary policies could further drive up the price of gold. Currently, financial markets have factored in a 68.5% chance of a quarter-point interest rate cut by the US Fed before June, according to the CME Fedwatch Tool. Fed Chairman Jerome Powell affirmed on Friday that the recent inflation data in the US aligns with their expectations, maintaining their stance on potential interest rate cuts this year. It is important to note that lower interest rates could make gold a more attractive investment since it doesn't generate interest.
⭐️ Personal comments NOVA:
The FOMO from the market is huge, the new peak of Gold is gradually reaching $2300 according to experts.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2236 - $2234 SL $2230
TP1: $2242
TP2: $2255
TP3: $2267
🔥SELL GOLD zone: $2265 - $2267 SL $2272
TP1: $2260
TP2: $2250
TP3: $2236
⭐️ 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
- The winner is the one who sticks with the market the longest
AUDCAD SELL SIGNALHello guys! its your girl forex potato, i have followed this pair for over a month now looking for signals, finally found one having missed NZDCAD entry.
AUDCAD has been a consistent downtrend for a long time now, it retraced and and now the trendline formed from pull back has finally broken and price is showing a sign of weakness indicating that the sellers are currently strengthened.
CONFLUENCES:
Price is in a downtrend
Pull back trendline is broken
Bearish engulfing
Double top
Hit the follow botton and boost button and let me see your comments if you have a different opinion
XAUUSD 100% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Gold price sideway is stable above $2150 - $2180⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) remains above the mid-$2,100s in the early hours of Asian trading on Monday. The increase in the value of the yellow metal is supported by the likelihood that the US Federal Reserve (Fed) may reduce interest rates later this year. Traders are anticipating the release of the US Gross Domestic Product (GDP) figures for the fourth quarter (Q4), which are expected to stay stable at 3.2%, in order to gain new momentum. Currently, the price of gold is trading around $2,168, with a gain of 0.15% for the day.
Last week, after its March meeting, the Fed decided to keep its benchmark interest rate unchanged within the range of 5.25% to 5.50% for the fifth consecutive time. Fed Chairman Jerome Powell hinted that the central bank was planning three interest rate cuts in 2024, which increased investor demand for the precious metal and caused the price of gold to rise. According to the CME FedWatch Tool, investors have priced in a 72% chance that the Fed will begin cutting rates at the June meeting, up from 65% before the rate decision.
⭐️ Personal comments NOVA:
After the terrorist incident in Russia, Gold price increased slightly and returned to above $2170. Stable sideway $2150 - $2180 continues to wait for new moves and information from the FED
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2150 - $2152 SL $2145
TP1: $2160
TP2: $2170
TP3: $2180
🔥SELL GOLD zone: $2183 - $2185 SL $2190
TP1: $2175
TP2: $2165
TP3: $2150
⭐️ 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
- The winner is the one who sticks with the market the longest