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Support and Resistance

GOLD → The bulls are fighting for 2750. ATH is close!FX:XAUUSD is in a bull run phase due to rising risks. The price is testing new highs and trying to consolidate above key resistance. Trump's speech is ahead and high volatility should be expected. Gold price is consolidating in the bullish zone after breaking through the three-top resistance. Traders are analyzing the impact of President Trump's tariff policies, which have caused uncertainty in the markets and weakened demand for the dollar and bonds. Meanwhile, support for gold prices is provided by optimism from China's measures to stimulate stock markets. Investors' attention is focused on US economic data, including weekly jobless claims and Friday's PMI from S&P Global, which could affect expectations for a Fed rate cut. Weak statistics will reinforce forecasts of two rate cuts this year, which supports interest in gold. Technically, the focus is on 2750. If bulls hold their defenses above this zone, gold could head towards ATH. Resistance levels: 2750, 2762 Support levels: 0.5 fibo, 2732 Bullish trend, high risks, politics. Lots of reasons that support the metal. But, today is Trump's speech, and this man knows how to make noise in the market. High volatility is possible. But, in general, gold looks as if it is ready to go up, perhaps it can even renew ATH Regards R. Linda!
FX:XAUUSDLong
by RLinda
9
USDJPY → Japan's central bank is about to raise ratesFX:USDJPY cannot continue its uptrend yet. Rumors about possible actions from the central bank of Japan will appear. The dollar in the meantime continues to rise.... 158.46 is a rather strong resistance formed by the bears, who continue to put pressure on the market. This week, we expect active actions from the Central Bank of Japan, namely - raising interest rates. In general, this phenomenon is quite rare, but it can support the currency pair very well. If the Japanese decide to take such actions, the currency pair may continue the correction from 0.5 - 0.7 fibo. Priority targets in this case may be the zones of interest at 153.24, 151.94. Resistance levels: 156.56, 157.22 Support levels: 155.1 Price fixing below 0.5 Fibo or below 155.95 may provoke aggressive selling. The decision on rates in Japan will take place on Friday, until then the price may be in consolidation.... Regards R. Linda!
Short
by RLinda
3
Alikze »» SOL | Ascending channel - 4H🔍 Technical analysis: Wave 2 correction in the ascending channel and after its completion, the third upward wave will begin 📣 KUCOIN:SOLUSDT 🟢 Solana was reviewed on the daily timeframe in the previous post, where it faced demand after reaching the golden zone and continued its growth to the supply zone. 💎 Solana is currently facing selling pressure in the supply zone, which could face demand as a pullback to the swing and break the previous supply zone towards the $350 ~ 380 target. 🔔 In addition, if Solana touches the golden zone again, the bullish scenario should be re-examined and revised. »»»«««»»»«««»»»««« Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future. Thanks for your continued support.🙏 Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
EUR/USD UPDATE ON BOTH TRADES!EUR/USD 4H - Well well well, they call me the wizard for a reason. Would you look at that, our TP was achieved on the short position we predicted and now our long has been activated. This is a perfect representation of the type of content and analysis I produce, if you are wanting to learn how to trade like this all you need to do is follow my analysis and watch my videos. Short - This trade took profit for + 68 pips. (+ 4.2%) 4.2RR Long - This trade is currently running + 48 pips. (+ 5%) 5RR I provided this analysis this morning and yesterday so there are no excuses as to why you guys shouldn't or couldn't have taken part! A big well done to anyone who did jump onboard of either position, if you have make sure that you take partials throughout and manage your trade accordingly.
Long
by Lukegforex
2
Auto1: buying high and selling higher opportunityAuto1 is currently in a bullish trend, making it an attractive opportunity for momentum traders. The price action suggests a 'buy high, sell higher' scenario, where the stock's upward momentum could continue to deliver gains. Traders may consider entering now to capitalize on this trend, as the stock seems poised to reach new highs in the short to medium term. However, keeping an eye on key support and resistance levels will be crucial to managing risk effectively
XETR:AG1Long
by paisakkaran
Ethereum 1 hr analysis 🚨 Ethereum 1 Hour Analysis 🚨 Here’s what we’re watching: 📈 Upside Targets: • TP1:3500 • TP2: 3800 📉 Downside Targets: • TP1: 3050 • TP2: 2850 So we have to watch out for $3350-$3390 level. If ETH stays below then you can target downside targets and if above then you can target above levels mentioned as TP(take profit) Keep an eye on key levels and trade smart! 💹 What’s your take? Drop a comment below and share this with your trading crew! 🚀
COINBASE:ETHUSD
by ProfitMatrix
UPDATE ON GBP/USD TRADEGBP/USD 30M - We have hit the jackpot yet again with this trade people, fundamentals have gone and backed our position and we are seeing a nice push to the upside. I want to see this bullishness continue now right the way up and into our TP target, its important we manage our trades accordingly and take partials throughout to maximise profits and minimise losses. This trade is running + 35 pips. (+ 1.5%) 1.5RR A big well done to those who got involved originally and those who got involved recently when I told you all I was re-entering, any questions as always drop them below or message me. Remember to apply those safety measures now like SL moves and take those partials to bank profits, its important to follow through with good risk management after placing a successful trade.
Long
by Lukegforex
Prime Buying Opportunity for Crude Oil Nearing Crude oil is currently consolidating around the $75 level. A glance at the daily MACD reveals a close but no crossover of the MACD and signal lines. A bearish close today could signal a downturn, but a bullish close would likely see the MACD resume its upward trend. Since its correction from $79, the price has been holding above the midpoint of the January 10th bullish candle at $74.66. This level, also coinciding with the 5-day moving average on the weekly chart, is a crucial support zone. Given the significant volume accumulated in the first week of January, this presents a compelling opportunity for aggressive swing trading. Today's oil inventory report is expected to act as a catalyst for a bullish reversal. While the market is bearish on oil supply expansion due to Trump's election, technical analysis suggests further upside potential. We recommend adopting a buy-on-dip strategy. For daily insights into Nasdaq, oil, and gold, please follow and subscribe to my analysis.
TVC:USOILLong
by Futureguard
PYPL , PEPS, COIN | HOT STOCKSThere are a few stocks that could be good buys, and are approaching idea l buy zones. PEPSICO VIE:PEPS Pepsi is showing it's "annual correction" as we're finally getting close tot he apex of the correction, which may be an ideal buy zone. PAYPAL NASDAQ:PYPL Paypal is still on my watchlist, for great growth, further adoption and upside potential after finish of a clear bearish cycle: COINBASE NASDAQ:COIN Fairly recently released, coinbase could be a good buy for a long term hold. Also currently observing a pattern that can either be called an Inverse Head and Shoulders, or Cup and Handle. ________________
NASDAQ:PYPLLong
by CryptoCheck-
Bitcoin Dominance, is it telling us what is happening?Bitcoin Dominance - In the 2021 top, BTC.D put in its top just before BTC put in its top. Altcoins were rising as BTC.D was topping, and then altcoins got their crazy parabolic tops as BTC.D was having its first initial drop from its cycle top. Dominance topped just before BTC went to 42K, and had its first 30% correction post covid-crash, which was JUST before it (BTC) went up and put in its cycle top. Currently Bitcoin Dominance is surviving the 58% key S/R, and looks like it may push higher on a 1W and 2W basis. So, even though Bitcoin has bearish divergence all the way up to its 3W chart, Dominance makes me think that BTC is going to push through it and go higher where it then might repeat something similar to what it did in 2021 - do a correction at that point after Bitcoin dominance peaks, and then Bitcoin peaks as altcoins have the blow-off top phase of their cycles as Bitcoin dominance has its initial fall from its cycle top.
CRYPTOCAP:BTC.D
by LoneWolf1425
1
Continue to short goldDear traders, yesterday we adhered to our strategy of shorting gold near the 2760 level, and gold has now retraced as expected to the 2740 level. We closed our short positions around 2741. Although we didn’t catch the absolute bottom, I’m pleased that we secured the majority of the profits. While the majority of the market was chasing long positions, we strategically opted to short gold. This not only yielded significant profits but also protected our capital from being trapped at higher levels during the retracement. A well-executed and commendable trading strategy! Currently, after testing the 2740 level, gold has rebounded, but the strength of the rebound appears to be considerably weaker. I believe that market sentiment toward gold is shifting, with traders becoming less blindly confident in long positions. If gold’s upward momentum continues to weaken, it could trigger profit-taking among long positions, leading to increased selling pressure. For short-term trading, I will maintain my preference for shorting gold in the 2750–2760 range.Bros, have you followed me to short gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
A trade can be a small winner or loser, big winner or loser.In a world of 50/50 probability. flipping a coin for instance. it can go either way, a head or a tail is a game of probability. likewise. A trade can be a small winner or loser, big winner or loser. as the small winner and small losers even themselves out. how to eliminate the Big loser than you are only left with big winners The Setup - Current chart(W) is an uptrend - Long-term(M) is unclear - Price comes into the Demand Zone (DZ) which is HL of the (W) uptrend. - Good place to ENTR the LNG The Probability enhancers - Clear STP Loss below the DZ - Room for profit to run with little selling resistance The trade went as planned. I had a nice profit of over 1000 dollars when the price peaked, however my profit target was set too high & I never got to cash in. The price crashed this morning below my trailing trigger STP of 18.40 and I sold making hefty 183 dollars. but i feel good about it. I respected the rules and the market won. Looks like the price is forming a channel. I am setting at 17.50 waiting to go LNG at the bottom of the price channel
TSX:FMLong
by greatful-me
XAUUSD BUY CHANNELHi Traders Here is overview of GOLD check and share your idea how the Price will react. Here are the Two ways wee fallow one Trend but whare from we use Buy postion and where from we Use Sell Postion according this analysis current price 2752 if the price will move to 2764 and breaks this Resistance so then Next Possible Target Would be 2785. if the price will no high seems in low volume abd no any idea showed so lets stay is sell side Support would be 2740 to 2730. Resistance Zone 2770/ 2785 Support Levels 2740 to 2730 These are fallowing terms to use and make scalping profit check and share your idea about Gold.
OANDA:XAUUSD
by Mr_Mark_Wood
ConocoPhillips May Be Trending LowerConocoPhillips has made lower highs since last spring, and some traders may think the oil driller is poised for another move to the downside. The first pattern on today’s chart is the October 31 low of $106. COP tried to hold that level in late November before sliding into the double digits. Prices rebounded to stall around the same location last week. Has old support become new resistance? Second, the 50-day simple moving average (SMA) had a “death cross” below the 200-day SMA in July. The 100-day SMA is in between. That kind of sequence, with faster SMAs below slower SMAs, may reflect a downtrend. Third, stochastics have reached an overbought condition. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:COP
by TradeStation