Technical Analysis
Gold’s Bullish Surge Eyeing the $2,700 Breakout! The chart displays a bullish recovery following a significant downtrend, transitioning into an uptrend within a defined ascending channel. A symmetrical triangle breakout during the bearish phase marked the beginning of this upward movement. Key support is identified around $2,600, while resistance levels are at $2,697, aligned with the 100% Fibonacci projection, and $2,728, which corresponds to the 138.2% Fibonacci extension and acts as a potential exhaustion point. The psychological level of $2,700 plays a critical role as a resistance zone. The price is currently near the upper boundary of the ascending channel, suggesting possible resistance and a chance for consolidation or retracement. If the price breaks above $2,700, it could target $2,728 or higher, while a rejection might lead to a pullback toward the midline or lower boundary of the channel. The bullish momentum remains intact, and traders could consider entering on a breakout above $2,700 or on a retracement near the channel’s lower boundary. Targets lie at $2,728 or higher, with stops placed below the last swing low or channel support. This chart signals a strong bullish trend with critical action expected around the $2,700 level.
GOLD 1H TRADING ANALYSIS FOR THE DAY / ALL TIME HIGHDear Traders,
Please seee our updated Analysis of the New Chart (5th February)
Key Observations
All orange circles represent previously achieved targets: Reflects accurate analysis and alignment with market conditions.
In this chart
TP1 (2817.55): Successfully hit.
TP2 (2837.03): Successfully hit.
TP3 (2856.51): Pending
Resistance Levels:
2845.42
Support Levels:
Key Support: 2812.
GOLDTURN Levels:
2837 (critical weighted level).
2828 (critical weighted level).
2817 (next major support level).
2807 - 2812 (lower demand zone).
EMA5 (Red Line):
Currently above TP2 (2837), indicating ongoing bullish momentum.
EMA5's position will be critical for determining future price action.
Recommendations
Focus on EMA5 Behavior:
Bullish Case:
* If EMA5 holds above TP2 (2837) and Goldturn 2837 provides support, bullish momentum will likely push the price higher to retest and achieve TP3 (2856.51).
* If EMA5 cross and lock above 2856, it will determine further bullish target to 2869
Bearish Case:
* If EMA5 cross and lock below 2837: Indicates bearish pressure, likely pushing the price towards Goldturn 2828.
* If EMA5 crosses and locks below Goldturn 2828: Expect further decline to:
Goldturn 2817 (strong demand zone and support).
* If EMA5 crosses and locks below Goldturn 2817 : Expect further decline to:
2807 - 2812 (key structural support).
Summary of Key Points
Holding above indicates bullish momentum with potential retest of 2856.51.
Breaking below leads to bearish targets at 2823, 2817, and 2807.
We will continue to capitalize on buying dips using our identified support levels, aiming for gains of 30 to 40 pips per trade. Consistent with our previous strategy, each of our structured levels typically provides reliable bounces ranging from 20 to 40 pips, offering steady opportunities for short-term profits.
Please show us support with likes, comments, and follow our channel. Don't forget to boost our post.
The Quantum Trading Mastery
#NIFTY Intraday Support and Resistance Levels - 05/02/2025Gap up opening expected in nifty. After opening expected nifty will continue it's bullish rally towards the 23950+ level in today's session. 23650 level will act as a strong support for today's session. Major downside only expected if nifty not sustain above level and starts trading below 23600. Below this level sharp downside expected upto the 23400 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(05/02/2025)Today expected gap up opening in banknifty. After opening if banknifty starts trading above 50550 level then expected further upside rally of 400-500+ points in today's session. Downside 50050 level act as a important support for today's session. Any major downside rally only expected below the 49950 level.
Nightly $SPX / $SPY Scenarios for 2.5.2025🔮 🔮
🌍 Market-Moving News:
📊 Trade Balance: The U.S. trade deficit is expected to widen to $96.50 billion in December, up from $78.20 billion in November.
📈 Key Data Releases:
ADP Nonfarm Employment Change (8:15 AM ET): 🏢 Forecast: 148K | Previous: 122K
Services PMI (9:45 AM ET): 🏭 Forecast: 52.8 | Previous: 56.8
ISM Non-Manufacturing PMI (10:00 AM ET): 📊 Forecast: 54.2 | Previous: 54.1
💡 Market Scenarios:
📈 GAP ABOVE HPZ: A further gap up will get a rejection below 6032.
📊 OPEN WITHIN EEZ: Slight move higher as a continuation and drop down 1% off the HCZ.
📉 GAP BELOW HCZ: Consolidate lower and pump back higher.
📌 #trading #stockmarket #SPX #SPY #daytrading #charting #trendtao
BANKBEES : Going long for about 6.25% of the net capitalI have taken 2 positions at different levels, both close to the lower trendline of the ascending channel. The net allocation in the scrip currently amounts to 6.25% of my net capital. I do not plan to add to the position anytime soon. For now, my target is the all-time high, which would yield a profit of approximately 9% based on the average entry price.
📢📢📢
If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
XAGUSD Silver outlookThis is my current view on XAGUSD. I have a trade running which has a lose target starting around $36, but will be subject to change as the price action develops. I'm in silver for the chance that we see much higher prices than that!!. Trading spot is a small part of my exposure to the silver sector.
GBP/CAD Fall of the Pound A Bearish Trap Has Been Set Rising Channel Breakdown
The chart previously exhibited a rising channel with two parallel white trendlines containing the price movement.
The price broke below the channel, signaling a shift in market structure from bullish to bearish.
Bearish Momentum Confirmation After the breakdown, the price retested the lower trendline but failed to reclaim it, confirming resistance.
A strong bearish rejection followed, indicated by the red shaded area showing selling momentum.
Short Entry & Risk-Reward Setup
The short position was entered near 1.78981, slightly below the breakdown point.
The stop-loss is set at 1.80996, positioned above the breakdown level to avoid whipsaws.
The take-profit target is 1.75724, aligning with previous support and a logical demand zone.
Indicators & Confluence
EMA or Trend-Based Indicator. The red shading suggests the price is trending below a dynamic moving average, reinforcing bearish sentiment.
Bearish Candlestick Formation, A series of red candles and a retest failure further confirm selling pressure.
Trade Rationale & Risk-Reward Analysis
Trade Type: Short
Entry: 1.78981
Stop Loss: 1.80996 (~200 pips above entry)
Take Profit: 1.75724 ( 325 pips below entry) Always book Profit every 10%
Risk-Reward Ratio: 1:1.6 , indicating a solid risk-adjusted trade with a favorable reward potential.
This trade capitalizes on the bearish breakdown of the rising channel, with a clear stop-loss placement and a logical take-profit target. If momentum sustains, the price could continue trending lower towards 1.75724 or even extend further.
USDJPY Is Nearing An Important SupportHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 153.900 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 153.900 support and resistance area.
Trade safe, Joe.
NZDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.56600 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.56600 support and resistance area.
Trade safe, Joe.
TradeCityPro | ARBUSDT The Most Important Support of Its Life👋 Welcome to the TradeCityPro channel!
Let's analyze and review one of our important Layer 2 projects, which is currently at one of its most critical support levels, and update our previous analysis.
🌐 Overview Bitcoin
As always, before starting our analysis, let’s take a look at Bitcoin on the one-hour timeframe. We have settled down a bit compared to yesterday's fluctuations, but it’s still not a great time to open futures positions because any news can trigger stop-losses.
However, if you insist on opening a position, the breakout of 100,026 wouldn’t be a bad entry, but you must reduce your risk. These days, it’s better to be an observer in futures trading. On the other hand, Bitcoin dominance is also crucial with this level’s breakout—if it turns green, you can open a position; otherwise, it’s better to switch to an altcoin or not open any position at all.
🕵️♂️ Previous Analysis
In our previous Arbitrum analysis, we had a more bullish outlook and were waiting for a breakout of 0.9689 on the four-hour timeframe to open a long position. This breakout happened, and we experienced a clean move up to the 1.2364 resistance level.
📊 Weekly Timeframe
On the weekly timeframe, we clearly see a rejection from the 1.1887 resistance, which was previously tested as a pullback. Now, this level has become even more significant, and after rejection, we reached the critical level of 0.4792.
If you had bought earlier after the breakout of 0.6487, taking profit at 1.1887 was very logical—either securing profits or withdrawing your initial capital. If you didn’t take these actions, you likely hit your stop-loss by now. However, if you managed your capital properly and only lost a maximum of 2% of your funds, then nothing major has happened. Taking profit at 1.1887 was the smart move.
This weekly candle is one of the most volatile we’ve seen recently for ARB, dropping 30% in a single day before recovering. If it closes green or even slightly higher with better volume, it could act as an entry trigger for those whose strategy aligns with it. However, I personally prefer to see some ranging first and enter on a different timeframe to follow the movement.
📈 Daily Timeframe
Yesterday’s daily candle was truly impressive and showed the strength of buyers. Under normal market conditions, I would have bought with this candle, anticipating the start of an uptrend.
However, this candle was mainly driven by emotions and FOMO, and many traders still don’t fully grasp the consequences of their decisions—they might realize it in the coming days. That’s why this candle doesn’t convince me, and I’m not buying based on it.
Now, you might think, “What if this is the best entry point?” Personally, I would be much happier if price makes a sharp move up to 0.6487 with momentum—this would provide a more confident entry with a tighter stop-loss. In that scenario, both positions would reach their risk-to-reward targets up to 0.9178, but my entry would be more secure, and I could allocate more capital.
If the daily candle closes below 0.4792 and RSI enters the oversold zone, ARB’s situation will worsen significantly, potentially forming new lows. That wouldn’t be good and could lead to deeper corrections.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
JTO ANALYSIS📊 #JTO Analysis
✅There is a formation of Descending Channel Pattern in daily chart with a breakout and retest the levels. We would see a good price moment in few weeks if breakout sustains here and also breakout the major resistance zone 🧐
👀Current Price: $3.220
🚀 Target Price: $4.100
⚡️What to do ?
👀Keep an eye on #JTO price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#JTO #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
EUR/USD Poised for Reversal from Key Demand Zone – Smart Money A📊 Market Outlook: Bullish Reversal from Demand Zone
EUR/USD is approaching a critical daily demand zone (highlighted in yellow), where we anticipate a potential trend reversal. The technical and fundamental data suggest that a buying opportunity is emerging.
🔹 Why Am I Bullish on EUR?
✅ Retail Traders Overloaded on Shorts – The retail crowd is excessively short, which often leads to short squeezes when smart money steps in.
✅ Non-Commercial Traders are Overly Short – CFTC data reveals that large speculative traders hold extreme short positions, signaling a potential contrarian move.
✅ Commercial Traders Accumulating Longs – The smart money (hedgers & institutions) are heavily long on EUR, suggesting value buying at these levels.
✅ Key Demand Zone in Play – Price is approaching a major liquidity pocket, historically acting as strong support and a reversal zone.
🔹 Technical Levels to Watch
📍 Support Zone: Yellow Area On Chart
📈 My Trade Bias:
Waiting for confirmation signs in the demand zone.
Looking for bullish structure shifts & momentum buyers stepping in.
🚀 What do you think? Will EUR/USD bounce from here or break lower? Comment below! 👇📩
#EURUSD #Forex #SmartMoney #OrderFlow #Liquidity #PriceAction #CFTCData #ForexTrading #FXAnalysis
GOLD 12H CHART ROUTE MAP ANALYSISHello Traders,
Here’s our 12H chart analysis and target updates:
📌 Previous Chart Review
Key Resistance: Identified 2,790 as a critical resistance level, anticipating a potential reversal.
Buy Signal: Recommended waiting for EMA5 to cross and hold above TP1 (2,745) as confirmation for a bullish move toward TP2 (2,786) & TP3 (2,826).
Dynamic Support: Highlighted the FVG zone (2,745) as a key support area.
📊 Outcome
✅ All targets and entry levels (marked with Golden Circles) were achieved as predicted.
✅ EMA5 crossed above TP1 (2,744), leading to TP2 (2,786) being achieved.
✅ Resistance at 2,790 was broken.
❌ TP3 was nearly reached but reversed after EMA5 failed to cross and hold above TP2 (2,786).
🔍 What’s Next for GOLD?
The daily candle closed above TP2 (2,786), but EMA5 failed to sustain above it.
This suggests a potential short-term reversal.
📉 Key Levels
📌 Support: Strong support expected from the FVG zone and Gold Turn Levels (2,770, 2,745 & 2705).
⚠️ Downside Risks
If EMA5 crosses and holds below 2,770, the next target shifts to 2,745.
If EMA5 crosses and holds below 2,745, the downside extends toward 2,705 (Retracement Range).
📈 Bullish Path
A bounce from support could retest TP2 (2,786) and potentially extend toward TP3 (2,826).
📌 Trading Recommendations
🔹 Short-Term Trades:
Utilize 1H and 4H timeframes to capitalize on dips at Gold Turn Levels, targeting 30–40 pips per trade.
Focus on shorter positions in this range-bound market to navigate volatility.
🔹 Long-Term Bias:
We remain bullish and view pullbacks as buying opportunities.
Buying dips from our marked levels provides better risk management rather than chasing tops.
📢 Final Note
Trade with confidence and discipline—our precise analysis ensures you’re well-equipped to navigate the market. Stay tuned for daily updates and multi-timeframe insights.
Best regards,
📉💰 The Quantum Trading Mastery
Swedbank Just Did Something It Hasn't Done in 18 Years!Hi all,
A few weeks ago, at the Estonian finance conference, I pointed out that Swedbank needs a Monthly candle close above a historically significant level to confirm further upside into "open waters".
Before I dive deeper - if someone still claims that "price has no history" or "price doesn't repeat itself," just show them Swedbank’s chart. Back in 2007, Swedbank attempted to break the 215–228 SEK level for the first time. The result? A complete failure. Sellers took control and smashed the price down.
Fast forward 7–10 years: “Let’s try again a few more times!” Still nothing. The level remained unbreakable, draining all momentum. Over the past 18 years, this zone has been tested 7–9 times, and every single attempt ended in failure.
Now, today, things are changed. Today, we have that Monthly close, and the price has now entered a potential buying zone. Technically, Swedbank is ready - optimal zone 215 to 237 SEK!
Do your homework; this is just my opinion and my analysis!
Do not forget to "Boost" the idea - all the best,
Vaido
EURJPY Potential Longs - Short & Long Term (Technical Analysis)Technical Outlook:
Looking at previous price movement, we see it's been trending up since August 2024, with the last reaccumulation phase ending in early 2024. We recently saw a demand chain, but the last push couldn't quite hit new highs. Supply then took over, driving the price back down to a daily demand level. At this point, we've seen some strong bullish reactions on the lower timeframes, which is interesting and here's why -
Potential Scenarios & Probabilities:
Scenario 1 (High Probability) – Demand should regain control, leading to a bullish breakout.
Scenario 2 (Medium Probability) - Price could range within the ascending channel for a while.
Scenario 3 (Low Probability) – The bulls might disengage, resulting in a bearish break and continuation thereafter.
Trading Considerations:
Price is currently in a discounted zone within the ascending channel (158.000 – 168.000) . We can look for trading opportunities within this range, focusing on strong supply and demand areas, anticipating the eventual bullish breakout. A long position closer to the bottom of the range could turn into a swing trade. If you're trading inside the range on lower time frames, it's smart to keep an eye on volume, overbought/oversold levels, and relative currency strength.
Final Notes:
With the price moving sideways for a good six months, range trading is definitely a possibility. But the real goal is to catch that bullish breakout when it happens, and it looks like it's getting close. As always, manage your risk carefully, and don't hesitate to take the trade when the setup is right – assuming you've got a solid plan and a clear target in mind.
OANDA:EURJPY
Crypto Market Is Still Bullish Despite A New Sell-OffCrypto market faced some deeper decline, but still looks like a complex W-X-Y correction in wave 4 within a bullish trend for wave 5. A drop came from a stock market slowdown due to end of the month flows last week on Friday and due to US tariffs. However, now that US tariffs for Mexico and Canada are delayed, we can see a strong stabilization and recovery, which can be an indication for a bullish continuation within a new five-wave bullish cycle for wave 5, at least for the first half of 2025.
Why USDCHF is in Retesting Phase? and Expected Trend ReversalUSDCHF is currently trading at 0.91000, with a target price of 0.89900, indicating a short-term bearish movement. The expected price drop of 100+ pips suggests a potential short-selling opportunity. The pair is in a retesting phase, meaning it is re-evaluating a previously broken trendline. This retest occurs after a downtrend, confirming bearish momentum. However, after this small decline, a strong bullish wave is anticipated. The price is expected to recover and move upward toward the 0.93000 level. This suggests a trend reversal after the retracement phase. Traders may consider shorting until 0.89900, then looking for bullish confirmation. Risk management is crucial due to potential market volatility. Analyzing support, resistance, and market sentiment can help refine entry and exit points.