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Technical Analysis

Gold → Accelerating Upwards NorthOANDA:XAUUSD returning to the trend following news (inflation). The northbound train may continue from 2907. Upcoming unemployment claims and PPI data. Gold is supported by uncertainty surrounding Trump's tariffs and economic data from the United States. The Fed remains hawkish due to rising inflation, pushing bond yields higher and driving prices down to $2,865 briefly. However, buyers quickly returned, pushing prices back up. Meanwhile, traders are awaiting PPI data which could influence Fed policy. Technically, prices are consolidating in the buying zone compared to key points at 2900 and 2907. If buyers can hold and strengthen above the 2907 resistance level, gold could update ATH in the medium term. Additionally, focus is on 2918 - 2920. Price consolidation above this zone will also support prices. Best regards, Bentradegold!
OANDA:XAUUSDLong
by Bentradegold
GOLD → Accelerating northward. Targeting $3000Hello dear friends, Ben here! Today, gold continues its strong upward momentum. Taking inspiration from previous growth - high economic risk. The price is moving increasingly closer to the previously anticipated mark of $3000. Accordingly, gold broke above the trend channel boundary and the $2850 mark at the start of the week in the US, but growth is being limited by the strengthening dollar due to escalating trade risks. Trump announced on Sunday that he would impose new 25% tariffs on all imported steel and aluminum products, exacerbating the pain for the Euro and commodity-linked Australian Dollar (AUD) and New Zealand Dollar (NZD), thereby channeling new buying interest into the safe-haven currency - the US Dollar. Gold prices also benefited further from the People's Bank of China (PBOC) expanding its gold reserves for the third consecutive month in January and expectations of more stimulus measures from China. However, in the coming days, USD could extend its recovery if risk flows intensify or markets return to profit-taking on USD short positions before US CPI inflation data is released on Wednesday. Moderate expectations from the Fed, hopes for Chinese economic stimulus, and lurking trade war risks will help limit gold's downside. Technically, we are currently monitoring around the psychological area of 2904 and the main support level is 2882. Resistance level: 2904 (unconfirmed) Support levels: 2882, 2870, 2853 Bulls seem to remain hesitant around the 2904 area with prices potentially continuing their upward trend without any reversals. But! The most likely scenario at this point is a false break of 2904, with a short-term correction to retest liquidity before bulls head northward.
OANDA:XAUUSDLong
by Bentradegold
1
GOLD → Heading into tonight: Is 3K still a valid target ?OANDA:XAUUSD has approached the 2950 level but has yet to reach the key psychological threshold. The current price action indicates a correction phase, allowing the market to rest and accumulate liquidity ahead of key news releases, with a potential move northward on the horizon. Gold is currently testing the 2900 level following Trump’s new tariff announcement, maintaining strong demand. The primary focus remains on Powell’s speech and the U.S. inflation data, as these will be the key factors influencing expectations for a Fed rate cut, which is the main driving force behind gold’s movement... Theoretically, the situation remains unclear as gold approaches strong support levels. From a technical perspective, a correction is a logical scenario in a strong market. Technically speaking, prices cannot rise indefinitely; they require energy, which is replenished through seller pressure. Currently, key focus areas include 2912, Fibonacci 0.618, and Fibonacci 0.5 levels. Resistance levels: 2912, 2930 Support levels: 2901 (Fibonacci 0.618), 2888 (Fibonacci 0.5) Powell’s speech, scheduled for tonight, and tomorrow’s U.S. inflation data will be the main catalysts. High volatility is inevitable. However, overall economic conditions continue to support this precious metal. Before moving higher, gold may first test 2901 and 2888. The target remains within the familiar range of 2950 to 3000. Best regards, Bentradegold!
OANDA:XAUUSDLong
by Bentradegold
1
Gold price rally continues from resistance level 2934 !Hello everyone, today is the last trading session of the week, let's see how the gold price fluctuates! ⭐️Market Summary: - Gold has broken the resistance level of 2919-2921 to form a continued uptrend in today's Asian trading session, and the resistance zone of 2919-2921 will be formed to create a new support zone here - If we observe and trade on the H1 time frame, we can see the price increasing in a clear trend according to Dow theory. Trading plan: Wait for the price to consolidate above the resistance level and continue following the Buy wave 👨‍💻XAUUSD Buy zone 2931 - 2933 🔹SL 2929 🔹TP 2935 - 2937 - 2940 Wishing you all FULL TP ❤️❤️
OANDA:XAUUSDLong
by Brian-Trade
Chinese Internet Stocks on the Edge: KWEB vs. FXI Introduction: The Chinese internet sector AMEX:KWEB is at a critical juncture when compared to large-cap Chinese stocks AMEX:FXI . The ratio between these two reflects sector leadership—if KWEB outperforms, it signals renewed strength in internet stocks and suggests the sector is leading. Current Market Context: Potential Breakdown: The KWEB-to-FXI ratio is teetering near key support. A breakdown here would be a bearish signal for Chinese internet stocks. Bullish Outlook: However, bulls are closely watching for signs of outperformance from KWEB, which could indicate the start of a new bullish trend. Higher-Low Formation: If the ratio forms a higher low relative to its long-term trend, it would be a sign of potential strength in the internet sector. Key Levels to Watch: Support: Monitor the ratio’s current support level closely. A breakdown below this could lead to increased selling pressure on KWEB. Resistance: A breakout above recent highs would indicate renewed outperformance and signal a bullish rotation into internet stocks. Conclusion: KWEB is at a make-or-break point, and the coming days could determine its fate. If the sector can establish a higher low and break above resistance, it could signal a bullish shift for Chinese internet stocks. Will KWEB lead, or will large-cap Chinese stocks maintain their dominance? Let me know your thoughts in the comments! Charts: (Include a chart showing the KWEB-to-FXI ratio, marking key support, resistance, and any signs of higher-low formations.) Tags: #KWEB #FXI #ChineseStocks #InternetSector #SectorLeadership #TechnicalAnalysis #MarketTrends #China
AMEX:KWEB
by Richtv_official
Nightly $SPY / $SPX Scenarios for 2.14.2025🔮 🌍 Market-Moving News: Trump Signs Reciprocal Tariffs Executive Order: President Donald Trump has signed an executive order imposing reciprocal tariffs on countries with trade barriers against the U.S. The tariffs will not take effect immediately, which has been well-received by the markets. Potential Ukraine Peace Talks: The U.S. is initiating discussions with Russia and Ukraine to potentially end the ongoing conflict. This development has led to a decrease in crude oil prices and could influence global markets. 📊 Key Data Releases: 📅 Friday, Feb 14: 🛍️ Retail Sales (8:30 AM ET): Forecast: -0.1% MoM; Previous: +0.4% MoM. 🌐 U.S. Import and Export Price Indexes (8:30 AM ET): Import Prices: Forecast: +0.5% MoM; Previous: +0.1% MoM. Export Prices: Forecast: Data not available; Previous: +0.3% MoM 📌 #trading #stockmarket #SPY #SPX #daytrading #charting #trendtao
AMEX:SPYShort
by TrendTao
#GMXUSDT at a Key Level: Reversal Up or Further DropThe BYBIT:GMXUSDT.P price is consolidating after a sharp decline and is currently hovering around $19.870. A breakout above resistance or a drop below support will define the next move. Two possible scenarios: 🔵 Bullish scenario: Holding above $20.480 activates a long setup towards $22.025. 🔴 Bearish scenario: Losing $19.220 confirms a short setup towards $18.040. ⚡ Best approach – place both scenarios in your watchlist and wait for confirmation. ⚡ This allows traders to avoid guessing and enter only after confirmation. ⏱ 1H Timeframe ━━━━━━━━━━━━━━━━━━━━━━ 📈 LONG BYBIT:GMXUSDT.P from $20.480 🛡 Stop Loss: $19.870 ✅ Overview: ➡️ BYBIT:GMXUSDT.P is stabilizing around $19.870 - $20.065 (POC), the key liquidity zone. ➡️ The price is attempting a recovery but hasn’t broken $20.210 yet. ➡️ A confirmed breakout above $20.480 would open the way toward $21.250 and $22.025. ⚡ Plan: ✅ Bullish confirmation requires a breakout above $20.480 and consolidation. ✅ Monitor reaction at $20.065 (POC) – the key volume zone. ✅ If the breakout is weak, a pullback to $19.770 is possible. 📍 Take Profit targets: 🎯 TP1: $21.250 – local resistance. 💎 TP2: $22.025 – main profit-taking zone. 🚀 BYBIT:GMXUSDT.P is testing a key level — waiting for a breakout signal! ━━━━━━━━━━━━━━━━━━━━━━ 📉 SHORT BYBIT:GMXUSDT.P from $19.220 🛡 Stop Loss: $19.770 ✅ Overview: ➡️ If the price fails to break $20.065 and starts dropping, a test of $19.220 is expected. ➡️ A breakdown below $19.220 could trigger a move toward $18.655 and $18.040. ➡️ Volume indicators suggest possible distribution, increasing bearish pressure. ⚡ Plan: ✅ Bearish confirmation requires a break below $19.220 and consolidation. ✅ Watch reaction at $19.770 – if it holds, a reversal could form. ✅ If selling pressure increases, the drop could accelerate. 📍 Take Profit targets: 🎯 TP1: $18.655 – intermediate support. 💎 TP2: $18.040 – deep correction. 🚀 BYBIT:GMXUSDT.P is at risk of a breakdown — expecting a move to $18.040!
by MoriartyTrading
The Ugly Truth of Technical Analysis...Even though this may be an extremely unpopular opinion on this topic, realizing this simple truth may be what makes or breaks a profitable trader. The truth is this... Drawing lines on a chart does not predict any price movement, and there are more factors in play than simply price action It doesn't matter what the gurus on the internet say about some "secret strategy" or a "secret indicator", anyone with common sense should automatically ignore content like that. Firms like NYSE:JPM , NYSE:GS , NYSE:MS , etc. , spend billions upon billions of dollars just to figure out how to trade the market with efficiency, but some random 19 year old on the internet figured out how to beat these mega-firms with a free indicator. Yeah right. However, I'm not saying that technical analysis doesn't work or that it shouldn't be used; I'm simply saying to reconsider your strategy and use common sense before donating your money to Wall Street banks. Below is an example of technical analysis working perfectly on NYSE:UNH for the 1D timeframe looking back into April of last year. This would have been a textbook channel breakout trade, in which the trader takes a short when the bottom trendline is broken (or the candle closes below the trendline). It would have resulted in a maximum of 17% gain on naked short shares if the bottom penny is the exit price (which is virtually impossible). So there you have it... technical analysis works perfectly and I have proven myself wrong.... right? No. . Now let me show you what really happened. Here is the same exact chart, but this time with a piece of key information shown. As it turns out, there was nothing technical in play at all in this price action, but rather a "fundamental" or a "tangible" aspect was the price driver. An example like this should also show you that not providing sufficient information and taking charts out of context can be done by literally anyone. If you think you can predict the future with some geometric shapes, bars, and non financial, fundamental, or tangible analysis, better than the top Wall Street firms, I say good luck to you. WITH THAT BEING SAID, this does not mean that trendlines, price areas, value gaps, and other technical indicators are completely invalid, but it does mean that there is more to the story than what is on the chart. Always review news, sentiment, financials, analyst ratings, and other key oscillators to gauge every trade. Disclaimer: The indicators used on the chart are only for illustrative purposes of a cluttered chart. I am neither saying that they are accurate nor inaccurate.
NYSE:UNH
by addatheriver0808
#FARTCOINUSDT remains weak — expecting further downside📉 SHORT BYBIT:FARTCOINUSDT.P from $0.4570 🛡 Stop Loss: $0.4865 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:FARTCOINUSDT.P remains under selling pressure, forming a downtrend. The price is testing the $0.4570 level, which previously acted as support, but the market remains weak. ➡️ POC (Point of Control) at $0.5449 indicates the main liquidity zone, far above the current price. This suggests seller dominance, with major trading activity still at higher levels. ➡️ A breakdown of $0.4570 would trigger further downside, opening the way to $0.4350 – $0.4168. ➡️ The $0.4168 level is a key support, where buyers previously showed interest. ⚡ Plan: ➡️ Enter SHORT from $0.4570 after confirming a breakdown. ➡️ Stop-Loss at $0.4865, placed above the nearest resistance. ➡️ Key downside targets: $0.4350 and $0.4168. 🎯 TP Targets: 💎 TP 1: $0.4350 🔥 TP 2: $0.4168 🚀 BYBIT:FARTCOINUSDT.P remains weak — expecting further downside! 📢 The market structure remains bearish. Volume continues to decline, confirming the weakening buying interest. 📢 However, a short-term bounce at $0.4168 is possible. If significant volume appears at this level, a brief return to $0.4350 could occur, but the overall movement remains downward. 📢 BYBIT:FARTCOINUSDT.P is in a bearish structure, and unless $0.4570 is reclaimed, we are likely to see further downside movement. A short-term bounce at $0.4168 is possible, but the overall trend remains weak.
Short
by MoriartyTrading
2