GBP/USD Pressure Mounts on Weak UK DataThe GBP/USD currency pair faced downward pressure on Wednesday, largely due to disappointing data from the UK’s Purchasing Managers Index (PMI). This index showed a contraction in private sector business activity for April, signaling potential challenges in the UK economy. As a result, the Pound Sterling weakened against its major counterparts during European trading hours, reflecting growing concerns among investors about the economic outlook.
As the day progressed, the focus shifted to the US Dollar (USD), which was buoyed by increasing optimism regarding easing tensions between the United States and China. Investors reacted positively to news surrounding potential diplomatic efforts and economic collaborations, leading to a stronger USD and further pulling the GBP/USD pair lower. This shift in sentiment highlights how geopolitical developments can significantly impact currency markets.
Interestingly, the price action in the GBP/USD pair reached a notable Weekly Supply zone. This area has historically acted as a resistance level, and despite the current bearish trend, many retailers remain bullish on the Pound. This divergence in sentiment suggests that traders are closely monitoring the situation for signs of a reversal. Given the current conditions, there is speculation that the pair could experience a turnaround as it interacts with this important price level.
Overall, the dynamics between the GBP and USD underscore the ongoing volatility in the foreign exchange market, driven by economic data and geopolitical events. Moving forward, market participants will likely keep a close eye on upcoming indicators and developments that could influence the trajectory of this currency pair, particularly in light of the recent fluctuations and the current positioning within the Weekly Supply zone.
Weekly chart 6B1!
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Gold – Watching Key Resistance for Intraday Sell Plays📌 Gold Surges $80 off Support – Watching Key Resistance for Intraday Sell Plays 📉📈
Gold (XAU/USD) bounced sharply today — surging over 80 points from the support zone near $3,260, swept during the late U.S. session. This strong rebound came as buyers stepped in aggressively after a 250+ point crash earlier in the week.
Now, the market is pulling back from the 0.382 Fibonacci retracement zone, showing early signs of sell-side reaction. If this momentum continues, Asian and London sessions could push price lower to fill liquidity in the untested FVG region near 3,288.
🔁 Intraday Structure & Key Zones
After sweeping both sides of the range (80 up / 40 down), gold is now consolidating between 3,328 – 3,320. With intraday volatility ranging from 80–100 points, today’s focus will be on high-probability reaction zones.
🔴 SELL Bias for Today
Primary Resistance: 3,376 – 3,378
→ This zone is expected to act as the first defense for sellers.
If broken, watch the final resistance at 3,410 — a key structural level.
→ A clean breakout above 3,410 may invalidate the sell setup and shift the bias back to BUY.
🔍 News to Watch
⚠️ Unemployment Claims (U.S.) will be released during the New York session.
→ Given current market sensitivity, expect volatility to spike around this release.
🧭 Today’s Trading Zones
🟢 BUY ZONE
Entry: 3,230 – 3,228
SL: 3,224
TP Targets: 3,234 → 3,238 → 3,242 → 3,246 → 3,250 → 3,254 → 3,260
🔻 SELL ZONE #1
Entry: 3,376 – 3,378
SL: 3,382
TP Targets: 3,372 → 3,368 → 3,364 → 3,360 → 3,355 → 3,350
🔻 SELL ZONE #2
Entry: 3,408 – 3,410
SL: 3,414
TP Targets: 3,402 → 3,398 → 3,394 → 3,390 → 3,386 → 3,382 → 3,375 → 3,370
🛡️ Risk Management Note
The market remains extremely volatile and headline-driven. Stick to your trading plan and always respect TP/SL levels to protect your capital — especially during high-impact news releases.
💬 Are you planning to sell into resistance or wait for a deeper pullback to buy? Share your setups and ideas below! 👇👇👇
Gold Analysis April 24D1 candle closed with a sharp decline of nearly 100 prices
And today's opening with a price gap of more than 100 prices shows the instability of the market.
Returning to the h1 time frame wave will be easier to grasp. At the beginning of the European session, the market decided that the buyers won and are pushing up from 3322. Pay attention to the immediate area of 3340. If it breaks at the end of the European session, continue to wait for the price reaction at 3363. If it doesn't break, you can SELL. In the opposite direction, if it breaks 3363, wait for 3384 for the SELL strategy.
The BUY strategy is focused on the European session's price push zone of 3322. When it breaks, pay attention to the GAP opening zone this morning at 3295 and the bottom zone yesterday at 3266
BTC - Is there anything that can stop this bullrun?The current 4H structure presents a high-probability scenario centered around a classic liquidity sweep into premium levels, followed by potential downside rebalancing into inefficiencies. This is a clear case of price reaching for external liquidity before internal structure takes over.
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1. Liquidity Run Above BSLs
Price has aggressively pushed upward, sweeping multiple Buy Side Liquidity (BSL) levels. These levels mark resting stop orders and breakout entries positioned by retail above recent swing highs.
- The impulsive move to the upside isn't a sign of strength—it's a strategic run for liquidity.
- These liquidity pools provide exit opportunities for large players offloading long positions initiated earlier in the structure.
- The sweep aligns with typical behavior just before price reacts to higher timeframe supply or premium Fibonacci zones.
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2. Golden Pocket Confluence Zone (Downtrend Bias)
The orange highlighted zone represents the Golden Pocket —the 61.8%-to-65% retracement zone often associated with downtrend continuation or reversal setups.
- This level acts as a magnet in trending conditions, often leading to strong rejections.
- As price enters this pocket, the probability of a reaction increases, especially following a liquidity grab.
- The structure suggests this move is designed not for continuation, but for setting up a reversal.
The projected swing failure pattern at this level implies a shift from bullish euphoria to short-term distribution.
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3. Internal Structure: Fair Value Gaps as Rebalance Zones
Two Fair Value Gaps (FVGs) are marked as zones of inefficiency, where price moved too aggressively to maintain balance between buyers and sellers.
- FVGs represent internal liquidity voids and serve as high-probability magnets for retracement.
- The first FVG lies just below the current price, suggesting a short-term retracement target.
- The second, deeper FVG offers a more substantial downside target and is aligned with typical rebalancing behavior after aggressive markups.
As price begins to break structure to the downside, these gaps become the logical destinations.
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4. Probable Flow: Liquidity Sweep → Rejection → Internal FVG Fill
The anticipated flow is strategic and sequential:
- Step 1: Sweep of BSL and deviation into the Golden Pocket
- Step 2: Quick rejection, potentially forming a lower high
- Step 3: Downside expansion targeting both FVGs for liquidity rebalancing
This is not about chasing price—it’s about understanding the intent behind the move : create imbalance, sweep liquidity, then deliver price into inefficiency.
---
Conclusion:
This 4H chart outlines a mechanically driven move:
- External liquidity (BSL) tapped
- Premium level tested (Golden Pocket)
- Internal inefficiencies below acting as draw
The structure points to a transitional phase from premium to discount, with the FVGs below acting as clear objectives. Until those inefficiencies are fully addressed, the upside narrative remains reactive, not impulsive.
Gold Price Analysis April 23Candle D has a clear bearish confirmation and the 4-line structure is being continuously sold, leading to the gold price falling nearly 200 prices from ATH.
Today's strategy will mainly be SELL following the market trend. At the end of the European session, the price breaks 3319, then wait for a retest to BUY up towards the resistance zones of 3379 - 3345. If it does not break 3319, then SELL Gold back to 3275 and 3247. Pay attention to the price reactions in the chart areas to have a reasonable BUY and SELL strategy.
The Graveyard Of Hope!The Graveyard of Hope is littered with "Buy The Dippers."
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The Elona MAGA algorithm goes like this
Over promise
Under deliver
Lie
Declare victory
Leave or Victim Blame
Meanwhile, the economy falls into an economic recession/depression abyss!
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Gold Drops $200 in Hours – Panic or Opportunity? 📌 Gold Plunges $200 – Volatility Surges Amid Fed Signals and Market Panic 🔥📉
📰 What Just Happened?
Yesterday, gold (XAU/USD) experienced one of its sharpest intraday drops in recent months, tumbling from the all-time high around $3,500 to as low as $3,318, losing nearly $200 in just a few hours.
This marked a significant correction following an extended bullish trend.
🔍 Key Drivers Behind the Crash
Fed-related commentary spurred aggressive profit-taking across the market.
The USD staged a technical rebound, exerting downward pressure on gold.
Rapid sentiment shifts triggered panic selling and liquidation flows.
🧭 What’s Next for Gold?
The $3,300–3,320 zone is now a crucial support — if this level holds, a technical recovery could unfold.
However, a break below $3,300 may expose gold to deeper downside targets near $3,250.
⚠️ Strategic Considerations
This is a high-volatility environment — flexibility and strict risk management are key.
Current sentiment is fragile. Unpredictable political headlines and mixed Fed signals are adding to the uncertainty.
In the latest development, Trump clarified he has no intention to fire the Fed Chair and hinted that China’s tariffs could be eased slightly — but not eliminated. These mixed messages continue to create sharp swings in price.
📊 Trade Plan
🔻 SELL ZONE #1:
Entry: 3,378 – 3,380
Stop Loss: 3,384
Take Profits: 3,374 → 3,370 → 3,366 → 3,362 → 3,358 → 3,350
🔻 SELL ZONE #2:
Entry: 3,408 – 3,410
Stop Loss: 3,414
Take Profits: 3,404 → 3,400 → 3,396 → 3,392 → 3,386 → 3,380
🟢 BUY ZONE:
Entry: 3,292 – 3,290
Stop Loss: 3,286
Take Profits: 3,296 → 3,300 → 3,304 → 3,308 → 3,312 → 3,316 → 3,320
The priority remains to sell into rallies near resistance while the downtrend unfolds. All trades should be protected with tight stop-losses, given the current unpredictability.
🧠 Key Takeaways
This is not a market for guessing — wait for price confirmation at key zones.
Focus on reaction zones, not forecasts.
Stay light, stay nimble, and manage risk carefully — news-driven volatility is at its peak.
💬 How are you positioning in this volatile gold market? Waiting for the bounce or selling the rallies? Let us know below! 👇👇👇
Nightly $SPY / $SPX Scenarios for April 24, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for April 24, 2025 🔮
🌍 Market-Moving News 🌍
🇪🇺 European Banks Brace for Tariff Impact: European banks are facing a challenging outlook as U.S. tariff hikes raise recession fears. Analysts anticipate slower revenue growth and increased loan loss provisions, with institutions like BNP Paribas expected to report earnings reflecting these pressures.
✈️ Airline Industry Faces Booking Declines: European airlines report a 3% drop in planned summer trips, with leisure travel down 8% compared to 2024. Economic concerns and rising travel costs, particularly among Gen Z travelers, are contributing factors. Airlines like Ryanair and Air France-KLM are considering fare adjustments to maintain demand.
👗 Kering's Revenue Drops Amid Gucci Struggles: Luxury group Kering reported a 14% decline in Q1 revenue, with flagship brand Gucci experiencing a 25% drop. The company attributes the downturn to ongoing brand challenges and macroeconomic factors affecting consumer spending in key markets.
📊 Key Data Releases 📊
📅 Thursday, April 24:
📦 Durable Goods Orders (8:30 AM ET):
Forecast: +2.1%
Previous: +0.9%
Measures new orders for manufactured durable goods, indicating manufacturing sector health.
📈 Initial Jobless Claims (8:30 AM ET):
Forecast: 222,000
Previous: 215,000
Reflects the number of individuals filing for unemployment benefits for the first time, signaling labor market trends.
🏠 Existing Home Sales (10:00 AM ET):
Forecast: 4.14 million
Previous: 4.26 million
Indicates the annualized number of existing residential buildings sold, providing insight into housing market conditions.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
DXY BEARISH BIAS|SHORT|
✅DXY is trading in a downtrend
And the index is making a local
Bullish correction so after the
Resistance is hit around 100.500
We will be expecting a local
Bearish correction
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR-GBP Rebound Ahead! Buy!
Hello,Traders!
EUR-GBP is about to retest
A horizontal support level
Of 0.8520 and as it is a
Strong key level we will
Be expecting a rebound
And a further move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR-USD Long From Support! Buy!
Hello,Traders!
EUR-USD is making a bearish
Correction but the pair will soon
Hit a horizontal support level
Of 1.1231 from where we
Will be expecting a local
Bullish rebound and a move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPCAD The Target Is DOWN! SELL!
My dear followers,
This is my opinion on the GBPCAD next move:
The asset is approaching an important pivot point 1.8481
Bias - Bearish
Safe Stop Loss - 1.8552
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.8357
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
NZDUSD Will Collapse! SELL!
My dear friends,
My technical analysis for NZDUSD is below:
The market is trading on 0.5997 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target -0.5855
Recommended Stop Loss - 0.6073
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBPAUD Will Explode! BUY!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The instrument tests an important psychological level 2.0776
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.0844
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Altavics Group: Why Smart Investors Embrace CryptoVolatility Isn't the Enemy — It's the Opportunity
The crypto market is known for its fast and sharp moves. Yes, Bitcoin can drop 10% in a day. But it can also rise 40% in a month.
This is exactly why cryptocurrency remains one of the most profitable asset classes over the past decade.
At Altavics Group, we believe that fearing short-term price swings means missing out on long-term strategic opportunities.
Why Invest in Crypto?
1. Blockchain is not the future — it's already here
Web3, DeFi, and Central Bank Digital Currencies (CBDCs) are shaping a new financial system, where cryptocurrencies are the backbone of innovation.
2. Limited supply = growing value
There will never be more than 21 million Bitcoins. That makes BTC a digital equivalent of gold. In a world of inflation and excessive debt, scarcity is strength.
3. Portfolio diversification
Crypto assets help reduce exposure to traditional markets. Especially in times of geopolitical or economic instability, decentralized currencies offer a non-political, borderless hedge.
What if the market crashes?
Crypto corrections are not the end — they’re accumulation phases. Some of the best opportunities are found when the market is fearful.
Bitcoin dropped to $3,000 in 2018. Today it trades above $90,000.
Ethereum was $80 in 2019. Today it’s over $1,600.
The history of crypto is one of crashes and recoveries. Those who stay in smartly — win big.
What Altavics Group Offers
A secure, advanced platform for buying, storing, and trading cryptocurrencies
Real-time analysis and expert trading signals
Custom investment strategies aligned with your goals and risk appetite
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Altavics Group’s Final Word
Investing in crypto doesn't mean taking blind risks. It means thinking ahead.
Those afraid of volatility today may regret missing the upside tomorrow.
Strong investors don’t chase comfort — they seek potential. And crypto is exactly that: proven potential.
US30: Local Bearish Bias! Short!
My dear friends,
Today we will analyse US30 together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 39,946.6 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 39,429.8..Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
Forming Bearish Head and Shoulders PatternWelcome to today's analysis! Let’s break down the current price action on CRYPTOCAP:LTC and potential trade setups.
🌐 Overview: CRYPTOCAP:LTC Forming Bearish Head and Shoulders Pattern
📈 CRYPTOCAP:LTC is currently forming a head and shoulders pattern, which is typically bearish and could indicate a potential downward move.
🔄 Current Scenario:
CRYPTOCAP:LTC has formed a left shoulder, head, and is now developing the right shoulder. The purple neckline is a key support level to watch.
A break below the purple neckline could signal a bearish continuation and a potential move toward the green line target level.
🔑 Key Levels to Watch
🔴 Neckline Support: Purple Neckline (Key level to watch for a breakout)
🟢 Target: Green Line Level (Measured move equal to the distance from the head to the neckline, projected downward from the breakout point)
🛠️ Trade Scenarios
📌 Bearish Scenario (Breakout Below Neckline)
If CRYPTOCAP:LTC breaks and holds below the purple neckline support, it could move toward the green line target level.
This breakout would confirm the head and shoulders pattern and suggest a potential downward trend.
📌 Bullish Scenario (Failure to Breakout)
If CRYPTOCAP:LTC fails to break below the purple neckline and instead moves higher, it could retest the resistance levels within the pattern.
A failure to hold below key resistance levels could indicate a potential reversal or further consolidation.
📌 Conclusion
CRYPTOCAP:LTC is forming a head and shoulders pattern. A breakout below the purple neckline support could signal a bearish move toward the green line target level. If the price fails to break out, further consolidation or a retest of resistance levels may be necessary
cup with handle pattern on the 1-hour time frameWelcome to today's analysis! Let’s break down the current price action on NASDAQ:NVDA and potential trade setups.
🌐 Overview: NASDAQ:NVDA Forming a Cup with Handle Pattern
📈 NASDAQ:NVDA is currently forming a cup with handle pattern on the 1-hour time frame. This pattern is typically bullish and could indicate a potential upward move.
🔄 Current Scenario:
NASDAQ:NVDA has formed a cup shape and is now developing the handle. The handle is a consolidation phase before a potential breakout.
The key level to watch is the resistance at the top of the handle. A breakout above this level could signal a bullish continuation.
🔑 Key Levels to Watch
🔴 Resistance: Top of the Handle (Needs breakout for continuation)
🟢 Target: Measured move equal to the depth of the cup, projected from the breakout point.
🛠️ Trade Scenarios
📌 Bullish Scenario (Breakout Above Resistance)
If NASDAQ:NVDA breaks and holds above the handle resistance, it could move toward the target level.
This breakout would confirm the cup with handle pattern and suggest a potential upward trend.
📌 Bearish Scenario (Failure to Breakout)
If NASDAQ:NVDA fails to break out and instead moves lower, it could retest the support levels within the cup or handle.
A failure to hold above key support levels could indicate a potential reversal or further consolidation.
📌 Conclusion
NASDAQ:NVDA is forming a cup with handle pattern on the 1-hour time frame. A breakout above the handle resistance could signal a bullish move toward the target level. If the price fails to break out, further consolidation or a retest of support levels may be necessary.
SILVER: Strong Growth Ahead! Long!
My dear friends,
Today we will analyse SILVER together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 32.755will confirm the new direction upwards with the target being the next key level of 33.182 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
EURNZD What Next? BUY!
My dear subscribers,
This is my opinion on the EURNZD next move:
The instrument tests an important psychological level 1.9047
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.9308
My Stop Loss - 1.8907
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURUSD: Will Go Up! Long!
My dear friends,
Today we will analyse EURUSD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 1.14035 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
GOLD: The Market Is Looking Down! Short!
My dear friends,
Today we will analyse GOLD together☺️
The market is at an inflection zone and price has now reached an area around 3,333.66 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 3,294.29..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
Gold Drops Shock: Breaking Up the Upward ChannelThe 4-hour chart of gold shows a clear scenario of breaking the upward channel. After reaching a peak of nearly $3,495/ounce, the gold price has plummeted and is currently fluctuating around $3,325 – close to the EMA89 support and in the accumulation zone (green box) as per technical analysis. The EMA34 line has also been penetrated, confirming that the medium-term uptrend is losing strength.
This decline is not only due to technical factors but also due to the influence of political and economic information. President Trump's statement about not firing the FED Chairman and the expectation of future interest rate cuts have helped the risk sentiment recover. US stocks have rebounded strongly, causing investors to withdraw capital from gold – a safe-haven asset – and return to stocks.
Combining both technical and news factors, this deep decline is largely due to the reversal of market sentiment and strong profit-taking pressure after a prolonged increase. The chart pattern also suggests that the price may continue to fluctuate in the $3,280–$3,340 range to consolidate before a new round of volatility. If it breaks below the green box, gold could continue to correct deeper towards the $3,200 mark.