GOLD(XAUUSD) -Weekly forecast,Technical Analysis & Trading IdeasMidterm forecast:
2772.38 is a major support, while this level is not broken, the Midterm wave will be uptrend.
OANDA:XAUUSD TVC:GOLD
Technical analysis:
A trough is formed in daily chart at 2832.55 on 02/28/2025, so more gains to resistance(s) 3000.00, 3050.00, 3080.00 and more heights is expected.
Take Profits:
2833.00
2879.11
2955.00
3000.00
3050.00
__________________________________________________________________
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Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
Technical Analysis
TradeCityPro | ENAUSDT Ready to Go!👋 Welcome to the TradeCityPro channel!
Let's go together to analyze and review one of my favorite coins and DeFi coins that we are likely to have and experience a movement in the coming days
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Timeframe
On the weekly time frame, after we hit the 1.2788 level, which was our ATH, we got rejected from it and engulfed the previous weekly candle.
This was also an exit point or a take profit for us, and after this, it is very logical to withdraw some of our capital, and the reason is that the buyers could not do anything and push the price above this level!
📈 Daily Timeframe
On the daily time frame, but after we followed a parabolic move and its slope reached the end of the road, we were rejected by the important resistance of 1.2788
This rejection caused our parabolic move to end and after its failure, we went for an upward move again, but we were rejected by the resistance and went for the support of 0.7857
After the failure of this support and the pullback to it, we went for a rejection again from this resistance and are currently suffering between 0.3282 and 0.4833, with the difference that there is still more presence of sellers for this event
To buy at risk, you can also make a long position at risk after the level of 0.4833 because we can only be active in DeFi and take our coins to DeFi. Now that we are talking about DeFi, you can in this space Also set the liquidity range of the money and we can exit to activate the spot below the level of 0.3282!
📝 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! ❤️
#INJUSDT is setting up for a breakout Long BYBIT:INJUSDT.P from $10,346
🛡 Stop loss $10,182
1h Timeframe
⚡ Plan:
➡️ Waiting for consolidation near resistance and increased buying activity before the breakout.
➡️ Expecting an impulsive upward move as buy orders accumulate.
🎯 TP Targets:
💎 TP 1: $10,550
💎 TP 2: $10,730
💎 TP 3: $10,849
🚀 BYBIT:INJUSDT.P is setting up for a breakout—preparing for an upward move!
#TOTAL3 #Analysis #Eddy#TOTAL3 #Analysis #Eddy
Crypto Total Market Cap Excluding BTC and ETH
Everything is clearly drawn and labeled.
For buy Long & Spot investment on altcoins, wait for the Total 3 index to reach its demand zone.
This is just my opinion and you should make your decision based on your style and strategy and get the necessary confirmations.
Be sure to take a look at this indicator on the monthly time frame.
Ethereum: Strong Bearish TrendHey Traders, in today's trading session we are monitoring ETHUSDT for a selling opportunity around 2000 zone, Ethereum is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2000 support and resistance area.
Trade safe, Joe.
Ripple is Nearing Important SupportHey Traders, in today's trading session we are monitoring XRPUSDT for a buying opportunity around 2.35 zone, XRP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2.35 support and resistance area.
Trade safe, Joe.
MDT ANALYSIS📊 #MDT Analysis
✅There is a formation of Descending Channel Pattern in daily chart. Currently #MDT is in bearish way.
After a breakout of the pattern and major resistance level we would see a bullish momentum otherwise the price will drop more 🧐
👀Current Price: $0.02980
⚡️What to do ?
👀Keep an eye on #MDT price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#MDT #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
Dollar Index (DXY): Bullish Reversal is Coming?!
Dollar Index is stuck on a key daily horizontal support.
Analyzing the intraday time frames, I spotted an inverted head & shoulders
pattern on a 4H.
Its neckline breakout will be an important event that will signify a bullish reversal.
The index will continue recovering then.
Alternatively, a bearish breakout of the underlined blue support
will push the prices lower.
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XAU/USD Breakout – Trend Continuation or Pullback?Gold (XAU/USD) has recently broken out of a symmetrical triangle pattern, signaling strong bullish momentum. This breakout was accompanied by a price surge of approximately 4.47%, pushing the price towards the $3,005 resistance level.
The question now is: Will gold continue its bullish trend, or will we see a pullback before the next move?
📊 Technical Analysis:
1️⃣ Symmetrical Triangle Breakout
The symmetrical triangle pattern formed over several weeks, with price consolidating within the narrowing structure.
A clear breakout above the triangle confirms the bullish momentum, suggesting further upside potential.
2️⃣ Measured Move Target
The breakout's measured move (equal to the height of the triangle) projects a potential target near $3,056.
This level aligns with a historical resistance zone, making it a key level to watch.
3️⃣ Key Support & Resistance Levels
✅ Resistance:
$3,005 – Recent high where price is currently facing resistance.
$3,056 – Next major upside target, based on the breakout projection.
✅ Support:
$2,931 – Previous breakout zone; a retest could confirm support before another rally.
Ascending Trendline – Acting as dynamic support for the ongoing uptrend.
📉 Potential Scenarios to Watch:
✅ Bullish Case: Trend Continuation
If the price consolidates above $2,984-$2,931, buyers may push gold towards $3,056 and beyond.
A strong breakout above $3,005 with volume confirmation will likely signal further bullish strength.
❌ Bearish Case: Pullback Before Rally
Gold may retrace towards $2,931 (previous resistance turned support) before resuming its uptrend.
A break below $2,931 could lead to deeper retracement, possibly testing the ascending trendline.
🔍 Trading Strategy & Considerations:
📌 Bullish Traders: Watch for support at $2,931 and a break above $3,005 for confirmation of the next bullish leg.
📌 Bearish Traders: Look for a failed breakout above $3,005 or a rejection at $3,056 for short-term pullback opportunities.
💡 Final Thoughts:
Gold remains in a strong uptrend, with bullish momentum intact. However, a pullback before the next leg up remains a possibility. Traders should monitor key levels and price action confirmations for the next move.
🚀 What’s your outlook on gold? Drop your thoughts in the comments!
#ATOM #ATOMUSDT #COSMOS #Analysis #Eddy#ATOM #ATOMUSDT #COSMOS #Analysis #Eddy
It is never too late to buy and invest. Do not rush and do not be fooled by the positive movements and reactions of the market. Wait for the price to reach its valuable areas. In the analysis of the Atom currency, as you can see, there is a strong demand area that is intact. Be patient until the price falls from the decision or extreme flips to the green area of the important demand area. Be sure to check this currency in your monthly time frame and draw the areas. Then refer to the weekly, daily and four-hour time frames and draw the lower time areas and look for confirmation for volatility.
Do not rush to invest and buy spot and let the price reach the support area.
Important areas are drawn and labeled so you can make informed decisions.
Good luck.
#KAITO #KAITOUSDT #Analysis #Eddy#KAITO #KAITOUSDT #Analysis #Eddy
Everything is clear and I have clearly drawn the important areas in the chart and the labels and names of the areas are included. Depending on your analytical style, you can get the necessary confirmations and see the reduction from the marked areas to the specified targets.
KAVA ANALYSIS🔮 #KAVA Analysis
💲💲 #KAVA is trading in a Symmetrical Triangle Pattern. If the price of #KAVA breaks and sustain the higher price then will see a pump. Also there is an instant strong support zone. We may see a retest towards the support zone first and then a reversal📈
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀
#KAVA #Cryptocurrency #Support #Resistance #DYOR
GBPAUD - Short Sell - 90 Percent Trade Chances Bearish Confluences:
1- HL broken, LL formation
2- Trend Line Broken
3- Support Level 2.04831 Broken
4- Divergence played on 4H time Frame
5- Formation of Bearish Wedge pattern
6- Sentiments of Sell are > 90 %
TRADE PLAN :
Entry can be made at current Market Price or wait for the Price to retest support level, Keep the STOP loss above HH and Take Profit (TP) levels are set to TP1 and TP2 as marked on the chart.
HAPPY TRADING GUYZ !
REGARDS,
PRO_TRADE_PROFESSOR
Bitcoin (BTC/USD) Tests Key Support Within Downtrend ChannelBitcoin is attempting to stabilize after finding support at the lower boundary of a well-defined descending channel. The price has rebounded +5.44%, climbing back toward the $85,000 level, but remains below the 50-day SMA (94,968), which has acted as dynamic resistance.
Despite today's bounce, BTC remains in a broader downtrend, with both the MACD and RSI showing bearish momentum. The RSI at 42.82 suggests the market is still in neutral-to-weak territory, while the MACD remains in negative territory, confirming downside pressure.
Key Levels to Watch:
📉 Support: 77,000 (200-day SMA), 75,000 (trendline support)
📈 Resistance: 90,000 (mid-channel resistance), 95,000 (50-day SMA)
A breakout above the channel could signal trend reversal, while continued rejection at resistance would keep the bearish bias intact.
-MW
USD/JPY Finding Support at Key Fibonacci Level - Will it Hold?USD/JPY pair has been trending lower in a well-defined descending channel, respecting its upper and lower boundaries. Price action recently tested the 61.8% Fibonacci retracement level (146.95), where a mild rebound is now taking shape.
Despite this, the 50-day SMA (152.84) and 200-day SMA (152.01) remain above price, acting as resistance levels should a reversal attempt materialize. The MACD remains in negative territory, confirming bearish momentum, while the RSI at 39.79 suggests the pair is approaching oversold conditions but hasn't confirmed a bullish shift yet.
Key Levels to Watch:
📉 Support: 146.95 (Fib 61.8%), 143.71 (Fib 78.6%)
📈 Resistance: 152.00 (200-day SMA), 152.84 (50-day SMA)
A break above the descending channel could suggest a reversal attempt, while continued rejection at the upper trendline favors further downside.
-MW
XRP Approaches Critical Support at $2.00Key Technical Level:
XRP is testing the strong $2.00 support level, which has consistently acted as a key price floor since December.
Descending Triangle Formation:
The price action is forming a descending triangle, where decreasing volatility suggests an imminent breakout. This pattern emerges as XRP approaches the intersection of descending resistance and horizontal support.
Bullish or Bearish?
A confirmed breakout above resistance could trigger a strong rally.
A sustained drop below $2.00 would invalidate the bullish outlook, potentially leading to a retracement toward $1.60-$1.80.
Market Perspective:
XRP’s rally from $0.60 to over $3.40 since November suggests that the current correction is likely a phase of profit-taking rather than a full trend reversal. However, traders should remain cautious and watch for confirmation of direction.
Stay alert—XRP is at a decisive moment! 🚀📉
#XRP #Crypto #MarketAnalysis #Trading #TechnicalAnalysis #Cryptocurrency #Bullish #SupportLevel
GOLD SURGES TO RECORD HIGH – IS $3,000 JUST THE BEGINNING?📌 Market Overview
Gold has surged to a new all-time high (ATH), approaching the critical $3,000 per ounce level. The rally has been fueled by recent inflation data (CPI & PPI), which has heightened market volatility. The US Dollar Index (DXY) has dropped to its lowest levels in recent months, further strengthening gold’s bullish momentum. As a result, investors are aggressively buying gold as a safe-haven asset amidst global economic and geopolitical uncertainty. 🚀
👉 Why is gold continuing to rise?
Investors are piling into gold, despite record-high prices, as uncertainty continues to drive demand for safe assets.
Donald Trump’s economic policies have added market instability, increasing gold's appeal.
As long as the USD remains weak, gold will continue to be a top investment choice.
📊 Will Gold Break Above $3,000?
🔹 Short-Term Outlook:
The Asian and European sessions are expected to remain bullish as investors continue accumulating gold.
The US session could bring some profit-taking, leading to temporary price swings.
Friday is historically volatile, meaning sharp pullbacks are possible before the week closes.
📉 Key Technical Levels to Watch
🔺 Resistance Levels: $3,000 - $3,019 - $3,039 - $3,052
🔻 Support Levels: $2,978 - $2,967 - $2,942 - $2,918
🎯 Trading Plan for Today
🔴 SELL ZONE: $3,039 - $3,041
📍 SL: $3,045
🎯 TP: $3,035 - $3,030 - $3,025 - $3,020 - $3,015 - $3,010 - ???
🟢 SCALP BUY: $2,968 - $2,966
📍 SL: $2,962
🎯 TP: $2,972 - $2,976 - $2,980 - $2,985 - $2,990 - $3,000
🟢 BUY ZONE: $2,948 - $2,946
📍 SL: $2,942
🎯 TP: $2,952 - $2,956 - $2,960 - $2,965 - $2,970 - $2,980 - $3,000 - ???
⚡ Final Thoughts – A Correction Before the Next Move?
📌 Gold continues its strong rally, but Friday could bring volatility as traders lock in profits.
📌 Stick to TP/SL strategies to manage risks and avoid sudden market swings.
📌 Watch the US session closely – major moves could happen!
💬 Will gold break $3,000 or face a sharp correction? Drop your thoughts below! 🚀🔥
GOLD (XAUUSD): 3000 Level Reached! What's Next?
Well, the most important thing about this week is of course a continuation of a bullish rally on Gold.📈
The price rapidly violated the all-time high and went much higher reaching 3000 level.
Technical analysis skeptics should admit how perfectly the 3000 psychological structure started to absorb the market supply, not letting the price go higher. 📈
What will happen next?
Still not clear, 3000 is definitely not a limit but probably just a local pit stop.
While many traders feel happy about the extraordinary Gold rally, the truth that Gold price action has a very strong correlation with negative global events. Though I am not sure what exactly caused this rally on Thursday, something definitely is going on behind the scenes and I think that it is not good.🧐
Have a great weekend, traders!
❤️Please, support my work with like, thank you!❤️
Bitcoin: 84k is an Important Level.Hey Traders. in today's trading session we are monitoring BTCUSDT for a selling opportunity around 84,000 zone, Bitcoin is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 84,000 support and resistance area.
Trade safe, Joe.
NZDCHF - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 0.49439, beginning of uptrend is expected.
We make sure when the resistance at 0.52680 breaks.
If the support at 0.49439 is broken, the short-term forecast -beginning of uptrend- will be invalid.
OANDA:NZDCHF
Technical analysis:
A peak is formed in daily chart at 0.51845 on 02/20/2025, so more losses to support(s) 0.49950 and minimum to Major Support (0.49439) is expected.
Take Profits:
0.51043
0.51780
0.52680
0.53798
0.55094
0.56221
0.56728
0.57630
0.58900
0.60187
0.65051
__________________________________________________________________
❤️ If you find this helpful and want more FREE forecasts in TradingView,
. . . . . . . . Hit the 'BOOST' button 👍
. . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?)
🙏 Your support is appreciated!
Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
NZDCAD: Strong Bullish Signals 🇳🇿🇨🇦
I see 2 strong price action confirmations on NZDCAD:
the price broke a resistance line of a bullish flag
and then formed a confirmed change of character CHoCH on a 4H.
I think that the market will continue a bullish rally.
Next resistance - 0.83
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