Gold Analysis May 25⭐️Fundamental Analysis
Market sentiment remained cautious on Tuesday due to concerns over Trump tariffs and Nvidia's upcoming earnings report. The US dollar continued to hold its strength on risk-off sentiment, limiting gold's gains. However, gold prices remained supported by falling US Treasury yields and rising trade war risks.
Bond yields fell on a strong auction and weak PMI data, raising expectations that the Fed will cut interest rates twice this year. Meanwhile, trade tensions escalated as the Trump administration considered tightening controls on chip exports to China.
⭐️Technical Analysis
Gold prices are still operating in a wedge of 2928 and 2952. The 2958 zone is also quite easy to create a false ATH. 2968-2970 acts as the most important resistance for Gold at the moment, which is considered the weekly resistance level. Watch out for gold falling, there could be a deep drop to 2906-2900.
Trade
EURUSD Will Collapse! SELL!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.0497
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0474
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
Trade_1 USDCADThe OrderFlow of this coin is bearish, and as you can see we have a lot of confluence, firstly, the resistance that was borne in the past, another is the Imbalance formed by the 4H chart that was completed. And the last one, I saw it in the indicator, on 1H, the price is below the 8EMA, which confirms my entry.
Nearly doubled overnight from $2.27 Buy & Hold to $4.35NASDAQ:MLGO turned out to be the biggest gainer of the entire market this morning and I alerted entry with Buy & Hold Overnight Alert at $2.27 as it started moving after hours with expectation of $3.25+ this morning.
It went beyond $4 to $4.35 for a massive gain.
Also got into NASDAQ:MNDR but took an L on that one, overall nice overnight gain.
Gold Analysis GOLD Analysis and Trade Setup
Gold is currently testing a historically significant resistance level that has repeatedly acted as a barrier to price advancement. Given the strength of this resistance zone, it is reasonable to anticipate a potential rejection or pullback. Historically, such levels often prompt a reversal, particularly after a retest of the structure, which could further confirm the resistance's validity. The likelihood of a rejection at this level is supported by the principles of technical analysis, as repeated tests of a resistance level tend to reinforce its significance. In summary, while the current setup suggests a potential pullback from the resistance level, traders should remain cautious and monitor key technical and fundamental factors.
GER40 SHORT1. This is against the trend but there is a pattern on M15
2. There is a previous days high resisting this trade
3. There is a lot of divergence on each timeframe
4. If this is able to break the H1 moving average it will be a long fall
5. First chance take half profit at M15 oversold
6. Stop loss of 60 pips
Going Long with ADBE!ADBE after hitting take-profit, sold off during first hour of day and got stopped, only to reverse. Typically when trades start to win, they continue doing so, which is why I went long when the signal fired earlier.
The King Trading Momentum Strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes and even something that measures breakout momentum called Beta for this one! ARKK and over 100 equities are built into this script with optimal backtest take profits and stop losses and can be toggled on by simply checking a box (default they are turned off).
Gold price analysis February 18⭐️Fundamental Analysis
Top US and Russian officials will meet to discuss ending the war in Ukraine, but there are concerns that a decision may be made without the participation of Ukraine and Europe.
Weak risk sentiment has boosted demand for the safe-haven US dollar, putting pressure on gold prices. At the same time, Fed officials were cautious about inflation and interest rate policy, strengthening the US dollar and US Treasury yields. The Fed governor said that inflation is progressing slowly, possibly delaying a rate cut until 2025.
In the coming time, the market will focus on speeches by Fed officials for clues on monetary policy, as well as monitor the developments in negotiations between the US and Russia, a factor that could have a big impact on risk sentiment and gold prices.
⭐️Technical Analysis
Gold prices approached the 2915 resistance zone before the US session, marking the importance of this price zone today. When the candle does not break through 2915 when Europe enters, SELL to 2906. In case of break 2915, wait for retest buy back around 15 TP around 2927. Pay attention to price reaction around 2920. BUY zones of gold around 2906-2900-2895. SELL zones of gold 2927-2949
EURUSD analysis February 18Your trading strategy is based on a combination of strong support at 1.044 and signals from the EMA 34. This is a reasonable approach if the correction weakens and buying pressure increases.
Some notes:
Confirmation from price action: If the price reacts strongly to the 1.044 area (such as forming a reversal candlestick pattern or RSI divergence sign), the possibility of a bounce will be higher.
Risk management: Stoploss 1.03900 is quite tight, ensuring low risk. However, if the sellers are strong and break through 1.044, you need to be ready to cut losses to avoid being caught in the downtrend.
Flexible profit taking: TP1 (1.05100) is the nearest resistance zone, you can take partial profits here and move SL to breakeven to optimize profits if the price continues to 1.05700.
You can also keep an eye on momentum indicators or economic news that may affect EUR/USD to make appropriate decisions. 🚀
USD/JPY (Trade Recap -0.5%) and GBP/CAD ShortGBP/CAD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H rejections.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
HONEY won't fall down the WELL! Bottom is nearNASDAQ:HON - HoneyWell
- Uptrend since COVID (2020)
- At the bottom of the channel
- Massive Volume Shelf
- Key Support/ Resistance Area (S/R)
- Wr% at Green Support Beam
To me the downside looks limited here. When this ship turns it probably goes to $300🎯
Not financial advice
A 51% upside trade idea watchlist add before we moon!NASDAQ:MNMD
Inverse H&S
$10.44 BREAKOUT =🎯$12.25🎯$15.60
Called this one out a few months ago and how RFK Jr. would send the Psychedelic's Stock flying...He did just that after his inauguration. It could keep flying now with momentum!
Not financial advice
ROKU Options Ahead of EarningsIf you haven`t bought ROKU before the previous earnings:
Now analyzing the options chain and the chart patterns of ROKU prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2025-4-17,
for a premium of approximately $8,00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.