Gold price analysis November 22Gundamental analysis
Gold (XAU/USD) maintained its strong intraday gains in early European trading and is now trading near a two-week high, just below the $2,700 mark. Persistent geopolitical risks stemming from the worsening Russia-Ukraine conflict helped the safe-haven precious metal extend its weekly rally for a fifth straight day. In addition, expectations that US President-elect Donald Trump’s expansionary policies could stoke inflationary pressures turned out to be another factor in favor of the commodity, which is seen as an inflation hedge.
Meanwhile, buying of the US dollar (USD) remained unabated amid growing acceptance that higher inflation could limit the scope for further rate cuts by the Federal Reserve (Fed). Furthermore, expectations of a less dovish Fed, coupled with concerns over a larger fiscal deficit, still favor rising US Treasury yields, although they have not significantly dampened the bullish sentiment around non-yielding Gold. XAU/USD bulls have even ignored the prevailing risk-on sentiment, suggesting that the path of least resistance for bullion is to the upside.
Technical Analysis
2708-2710 is emerging as a technical resistance zone at the moment with corrective waves expected. 2673 and 2675 are the two targets we are aiming for. Note that today is the weekend so huge volatility is still waiting for the US session.
Tradingsignals
NZDUSD 2 SCENARIOS EXPLAINED TO SELL IT.The OANDA:NZDUSD NZD/USD pair is currently going down, so it's best not to trade against this trend.
There are two possible situations to watch for:
Scenario 1 : Wait for the price to rise above 0.589, then fall back below it. This shows that stop losses have been triggered, and it’s a good point to sell towards the next level at 0.58649.
Scenario 2 : If the price drops below the midrange, some traders might start selling because they expect it to keep going down. Wait for the price to rise above the midrange, triggering their stop losses, and then fall back below it. This would be a good time to sell.
For updates, follow me and I’ll keep you posted.
BTC thesis with RAG AI by Titan_KarmaThe current investment thesis for Bitcoin (BTC) indicates a strong bullish sentiment, with the price recently reaching $97,400. Given the recent news highlighting the potential for Bitcoin to approach the $100,000 mark, traders are advised to maintain their LONG positions. However, caution is warranted due to profit-taking activities and the possibility of increased market volatility.
Incorporating the last open long price of $97,071.99, it is essential to monitor market indicators closely. The current trading volume of approximately 25,514 suggests active participation, but the mixed long-short ratios indicate a divided sentiment among traders. This necessitates a careful approach to trading decisions, particularly in setting stop-loss orders to safeguard profits.
coinglass_data: Real-time data from Coinglass shows that open interest is increasing, indicating growing market participation. The weighted funding rate remains neutral, suggesting no immediate pressure on either side. Liquidation levels are being monitored closely, as sudden price movements could trigger significant liquidations.
Expert Consultation: Market experts are currently bullish on Bitcoin, with many suggesting that the upward momentum could continue if key support levels hold. Analysts recommend watching for any signs of reversal, particularly if the price approaches resistance levels.
coinmarketcap_data: According to CoinMarketCap, the market cap for Bitcoin is robust, with a liquidity score indicating healthy trading conditions. The recent candlestick patterns suggest bullish continuation, but traders should remain vigilant for potential pullbacks.
sentiment: Sentiment analysis from Augmento.ai indicates a predominantly positive outlook among traders, with many expressing confidence in Bitcoin's upward trajectory. However, caution is advised as sentiment can shift rapidly in response to market news.
binance_data: Technical indicators from TradingView reveal that the volatility index is elevated, and order book dynamics show significant buy walls at current levels. Price action signals indicate a potential for breakout, but traders should be prepared for possible corrections.
In summary, while the bullish trend is evident, it is crucial to implement risk management strategies, including setting appropriate stop-loss levels to protect gains. The historical performance of Bitcoin suggests that maintaining a disciplined approach will be key to navigating the current market conditions effectively.
TRADE RECOMMENDATION
json { "OUTCOME": "HOLD_BUY", "STOP_LOSS": "$95,000.00", "TAKE_PROFIT": "$100,000.00", "CONFIDENCE_LEVEL": "85%", "EXIT_POINT": "$98,000.00", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "above 80", "MACD": "above 0" }, "CURRENT_OPEN_LONG_POSITIONS": 11, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
THETA looking for 2 to 4 X in Short to MId TermWith BTC getting ready to tap 100k alts are looking primed for movement. Theta is no exception lining up for a breakout that could be a 2 to 4 x in the short term before potential price discovery starts. EMAs and momentum looking solid here. Math says up as of now
BTCUSD TECHNICAL UPDATE : GO AND READ THE :CAPTAINBuddyS dear friend 👋
Crypto Traders. Are you still wanting for buying zone right now 🙏🤔 BTC USD All time high 94k buying zone right now
92K Big support level 🎚️. Easy to recover 💪 back up trand 97k
Technical analysis setup look for first buying zone 94k Next buying zone support level 92k
Buying said 94k target 97k after 25 hours Hit 🎯
Next buying said 92k target 97k
After two 48 hours
Support ✨ My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎮 BITSTAMP:BTCUSD
APT thesis with RAG AI by Titan_karmaThe current market conditions for APT suggest a favorable environment for entering a LONG position, especially given the absence of open positions. Recent news indicates that Aptos is among the top gainers, which aligns with the bullish sentiment reflected in the financial analysis. The price of APTUSDT is currently at $12.44, with a significant trading volume of approximately 13.97 million, indicating strong market interest. The long-short ratio of 3.0000 further supports the bullish outlook, suggesting that traders are leaning towards long positions.
In terms of technical analysis, the RSI is above 60, indicating potential overbought conditions, while the MACD shows a positive histogram, suggesting upward momentum. However, caution is warranted as the 1-minute RSI is at 72.91, indicating potential overextension. The price is above both the EMA and SMA lines, reinforcing the bullish sentiment. Given the historical data, the price has shown a consistent upward trend, with a recent high of $13.46, suggesting that a buy position could be advantageous if the price remains above $12.00.
coinglass_data: Real-time data from Coinglass indicates that the open interest is increasing, with a weighted funding rate that suggests bullish sentiment. Liquidation levels are stable, which may provide a conducive environment for entering a long position.
Expert Consultation: Market experts are currently optimistic about APT, citing strong fundamentals and positive market sentiment. They recommend monitoring key resistance levels and adjusting positions accordingly.
coinmarketcap_data: According to CoinMarketCap, the volume over the last 24 hours has been robust, with a liquidity score indicating healthy market conditions. The market cap is also showing positive growth, which supports the bullish outlook.
sentiment: Sentiment analysis from Augmento.ai shows that the current market mood is predominantly positive, with Aptos receiving favorable mentions across social media platforms. This aligns with the bullish sentiment observed in the financial and technical analyses.
binance_data: The volatility index indicates moderate volatility, which is conducive for scalping strategies. Order book dynamics reveal significant buy walls, suggesting strong support levels that could help maintain upward momentum.
Given the analysis, the recommended entry point for a LONG position is around $12.00, with a target price of approximately $13.50. It is advisable to set a stop-loss to manage risk effectively.
TRADE RECOMMENDATION
json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$11.50", "TAKE_PROFIT": "$13.50", "CONFIDENCE_LEVEL": "82%", "EXIT_POINT": "$12.75", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 70", "MACD": "above 0" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
Russia has issued a stern warning to the US and its alliesWorld gold prices increased sharply due to increased demand for safe havens. Kitco senior analyst Jim Wyckoff said that buying activities take place when the geopolitical situation is heating up, promoting stronger risk-avoidance sentiment.
Reports say Ukraine has carried out its first attack on a border region in Russia using long-range missiles supplied by the West.
On November 17, the New York Times reported that US President Joe Biden authorized Ukraine to use ATACMS missiles to attack deep into Russian territory. However, the White House has not yet issued an official statement.
RT reported that Russia has issued a stern warning to the US and its allies, declaring that any use of long-range missiles by Ukraine to attack deep into Russian territory would mean that major powers The West is directly involved in the conflict.
Russian Foreign Ministry spokeswoman Maria Zakharova stated that any such move would "completely change the nature of the Ukrainian conflict".
Gold Price Analysis November 20Fundamental Analysis
Gold prices attracted some follow-through buying for the third consecutive day on Wednesday and rose to a one-and-a-half week high, around the $2,641-$2,642 region during the Asian session. Rising tensions between Russia and Ukraine continued to boost demand for traditional safe-haven assets, coupled with slowing US Dollar (USD) price action, acting as a bullish driver for the precious metal.
That said, overnight comments from Russian and US officials helped ease market concerns about the onset of an all-out nuclear war, which was evident in the generally positive tone in equity markets. Additionally, a healthy rise in US Treasury yields favored USD bulls and warranted some caution before positioning for any further upside moves in Gold prices.
Technical analysis
The uptrend is clearly shown in the time frames and the important resistance level is at 2660-2662. Today's trading plan is mainly waiting for BUY signals when there are retest beats. Pay attention to the retest price zones noted on the chart to have a good trading strategy for yourself. Those are Fibonacci zones and also psychological zones that the market is respecting. 2622-2613-2597 are the zones to pay attention to.
ADA thesis with RAG AI by TItan_Karma Given the current market conditions for ADA, there is a favorable environment to consider entering a LONG position. The recent news surrounding ADA, particularly discussions about censorship on social media and the integration of AI, could positively influence market sentiment. The price of ADA is currently at $0.838, with a significant trading volume of approximately 307.87 million, indicating strong interest from traders. The long-short ratio suggests a bullish sentiment, particularly in the 1d and 1h timeframes, where long positions outnumber shorts.
From a technical analysis perspective, ADA is showing strong bullish momentum across multiple timeframes. However, the RSI values are above 70, indicating overbought conditions, which suggests a potential pullback. It is crucial to monitor for any bearish signals or reversals, especially as the price approaches resistance levels. The historical data indicates a general upward trend, with support levels around $0.7400 to $0.7600, which could provide a buying opportunity if the price dips.
In terms of coinglass_data, real-time metrics such as open interest, weighted funding rate, and liquidation data will be essential to gauge market dynamics. Additionally, insights from TradingView and CoinMarketCap will help identify the best predictions for scalping investments today. The current market sentiment from Augmento.ai and CryptoCompare will also provide valuable context for potential price movements.
Technical Analysis: The current indicators suggest a strong bullish trend, but caution is advised due to high RSI levels. The volatility analysis indicates that the market is experiencing fluctuations, and the order book dynamics show significant buy walls, which could signal upward price movements. The momentum indicators are also showing strong upward trends, reinforcing the bullish outlook.
TRADE RECOMMENDATION
json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$0.8000", "TAKE_PROFIT": "$0.9000", "CONFIDENCE_LEVEL": "75%", "EXIT_POINT": "$0.8500", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 70", "MACD": "above 0" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
XAUUSD Trade Update: Opportunities Ahead!Hey Guys, here's the latest update on XAUUSD.
We've had a solid run with gold recently, although we faced a small loss yesterday. Don't worry, though—there are plenty of opportunities coming up!
Update :
XAUUSD has broken through the channel and is currently testing the resistance level.
Trend :
In the short term, the bearish momentum is weak. However, the long-term trend remains strong, so we shouldn't go against the overall market direction.
Scenario :
At the moment, XAUUSD is testing the 2643 midrange as resistance. If it breaks back above this level, as indicated by the arrows on the chart, I’ll re-enter the trade and go long. My first target will be 2710, and the second target will be the higher range at 2790.
First Target: 2710
Second Target: 2790
Stay tuned for more updates and follow along for the next moves!
GARWARE New Short Trade OpportunityGARWARE TECH (15-Minute Timeframe) - Short Trade Opportunity
Trade Setup:
A clear short trade setup has emerged on the 15-minute timeframe for Garware Tech using the Risological swing trading indicator . The entry signal indicates a strong bearish move, supported by the break below key support levels.
Key Levels:
Entry: 4419.05
Stop Loss (SL): 4602.05
Take Profit Targets:
TP1: 4192.90
TP2: 3827.00
TP3: 3461.05
TP4: 3234.90
Technical Indicators:
The bearish crossover and the downward trajectory of the moving averages highlight the weakening momentum. The Risological Swing Trader Indicator confirms a high-confidence short entry with well-defined targets.
Strategy Note:
Traders are advised to monitor price action near TP1 and TP2 for potential retracements. Adjust stop-loss levels dynamically as the trade progresses to protect profits.
This short trade setup offers a promising risk-reward ratio for intraday traders! Stay disciplined and let the technicals lead the way.
Gold Analysis November 19Fundamental Analysis
Gold prices attracted some safe-haven flows after posting its biggest weekly decline in more than three years last week and snapped a six-day losing streak on Monday amid rising geopolitical tensions. In addition, falling US Treasury yields prompted some profit-taking in the US Dollar (USD) following its post-US election rally to fresh yearly highs and turned out to be another factor in favour of the non-yielding yellow metal.
USD bulls remained on the defensive in Asian trade on Tuesday, supporting Gold’s further recovery from a two-month low touched last Thursday. Meanwhile, expectations that US President-elect Donald Trump’s policies will reignite inflationary pressures and limit the scope for further rate cuts by the Federal Reserve (Fed). This will keep US bond yields high and benefit USD speculators, which could limit XAU/USD
Technical Analysis
The technical resistance level of 2624 that Gold is facing will be very important in today's European trading session, the uptrend is relatively strong and there has not been much recovery in price. The 2595 zone is considered the target of all the downtrends today. The 2648-2650 zone is the main resistance zone today. In a strong uptrend, you should prioritize BUY signals at 2615 at old breakout points to have the best strategy for yourself.
AGI PREPARING FOR LONG ENTRY
Hello, fellow crypto enthusiasts! How are you feeling this Tuesday? I hope all is well!
This is AGI on the daily time frame. The system flipped short yesterday, and today the price attempted to climb above the 200 MA but was pushed back down below it.
For now, all we can do is wait for the system to flip to the long side.
Patience is key in this game.
Thank you for reading!
AAVE PREPARING FOR LONG ENTRY
Hello, fellow crypto enthusiasts! How are you feeling this Tuesday? I hope all is well!
This is AAVE on the daily time frame. The system flipped short three days ago, and the price is currently looking for support at the 0.786 all-time Fibonacci level. Ideally, it would find support here, and the system would flip long again.
For now, we must wait and see how things play out. Conditions are looking promising for a nice long trade, but we need to wait for a clear long entry signal before acting.
Patience is key in this game!
The yellow precious metal recovered as the USD weakened.The yellow precious metal recovered as the USD weakened. The DXY index measuring the greenback's strength fell to 106.21 points. However, US Treasury bond yields continue to rise, leading many experts to limit gold's gains.
According to analyst James Hyerczyk at FX Empire, the gold recovery occurred when the USD temporarily paused below its highest level in a recent year, making gold more attractive to investors who do not use it. Use USD.
Hyerczyk emphasized that the 2,604.39 resistance mark is “an important technical level” that traders are watching closely. “If this level is sustained, the price could rally sharply, towards the 50-day moving average at 2,653.63 and the retracement zone from 2,663.51 to 2,693.40,” he said. However, Hyerczyk warns that if there is renewed selling pressure at higher levels, this could indicate continued downward pressure on gold prices.
Conversely, he said a fall in gold prices below 2,536.85 would signal weakness and the potential for a deeper decline towards the 200-day moving average at 2,403.46. He also added that traders will closely monitor comments from Fed officials this week for a clearer view of monetary policy. “Upcoming US economic data, such as housing and manufacturing reports, will also influence the direction of gold prices,” he said.
Gold Price Analysis November 18Fundamental Analysis
Gold extended its recovery to test $2,600 amid rising Russia-Ukraine tensions, ending a six-day losing streak. The latest gold rally could be due to rising Russia-Ukraine geopolitical tensions after the United States authorized Ukraine to use long-range US weapons to attack Russia.
The greenback’s rally following Donald Trump’s election victory could put some selling pressure on USD-denominated gold. Expectations of higher inflation next year due to Donald Trump’s policies have led to fewer expected rate cuts.
In addition, traders have reduced expectations of lower interest rates in December after Fed Chairman Jerome Powell said the US central bank would not rush to cut, citing “remarkable” economic performance. Higher interest rates tend to drag gold prices lower, as it makes holding non-yielding assets like gold less attractive.
Technical analysis.
Gold prices have reacted at the EMA 34 zone, which is also an important dynamic resistance zone in the Asian session. The price zone of special note today is 2617-2615 at the upper boundary and the Asian session breakout support zone this morning is around 2575. The possibility of an uptrend and the formation of wave 3 has also been established according to the technical chart, so BUY signals will be prioritized today.
EURUSD Possible Up correctionEURUSD has reached the psychological level of 1.0500 and, on the 1-hour timeframe, has formed a double bottom pattern, suggesting a potential slowdown in selling pressure. The price is currently moving sideways above this level, indicating possible consolidation. Notably, approximately a year ago, the price surged from this support zone, identifying it as a demand zone. With the DXY (U.S. Dollar Index) reaching a strong resistance zone, there's potential for a reaction that could lead EURUSD to pull back toward the downward trendline. The target is the resistance zone around 1.0635
GBPCHF: Bearish Move After Breakout 🇬🇧🇨🇭
GBPCHF looks bearish after a retest of a recently broken horizontal support.
The price formed a double top on that and then continued falling with
a high momentum bearish candle.
I believe that the pair will reach 1.118 / 1.117 levels soon.
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Trading opportunity for XAUUSD Gold _ Flag PatternBased on technical factors there is a Buy position in :
📊 XAUUSD
🔵 Buy Now or by Analysis
🪫Stop loss 2553.000
🔋Target 1 2615.000
🔋Target 2 2655.000
💸RISK : 1%
We hope it is profitable for you ❤️
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GBPUSD analysis week 47🌐Fundamental Analysis
UK employment figures largely beat expectations, but wage growth fueled inflation concerns. While jobless claims were lower than forecast, the number of people claiming unemployment benefits still rose from the previous month's revised figure.
The Bank of England's (BoE) latest Monetary Policy Report is due out on Wednesday morning, and investors will be looking for hints on how the BoE plans to deal with the unbalanced UK economy that continues to struggle with inflation numbers. On the US side, key CPI inflation figures are due to hit the market. Headline CPI inflation is expected to have edged higher to 2.6% year-on-year from September's 2.4%. Core CPI inflation is expected to have held steady at 3.3% year-on-year. The monthly figures for both inflation are generally expected to remain unchanged from the previous month.
🕯Technical Analysis
The downtrend is still showing no signs of stopping for GBPUSD. The next important support zone that the pair is aiming for is 1.2470, which is the old bottom area that saw strong price reaction from buyers in May. Besides, the possibility that the pair will still stick to the trendline and fall to this support zone, when the buying force is strong enough to break the trendline, the market will also turn around. Hopefully, the bullish waves can break the trendline and form an uptrend towards the resistance of 1.271-1.277-1.286.
📉📈Trading signals
BUY GBPUSD 1.247-1.245 Stoploss 1.243
SELL GBPUSD 1.271-1.273 Stoploss 1.276
Analyzing BTCUSDT: Next Potential Breakout Zones - Bitcoin◳◱ On the $BTC/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 85635.01 | 90900 | 105565 and support near 70970.01 | 61570 | 46905. Entering trades at 90343.99 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Bitcoin
▣ Rank: 1
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Payments - Currencies
▣ Overview: Bitcoin is the first distributed consensus-based, censorship-resistant, permissionless, peer-to-peer payment settlement network with a provably scarce, programmable, native currency. Bitcoin (BTC), the native asset of the Bitcoin blockchain, is the world's first digital currency without a central bank or administrator. The Bitcoin network is an emergent decentralized monetary institution that exists through the interplay between full nodes, miners, and developers. It is set by a social contract that is created and opted into by the users of the network and hardened through game theory and cryptography. Bitcoin is the first, oldest, and largest cryptocurrency in the world.
◰◲ Technical Metrics :
▣ Mrkt Price: 90343.99 ₮
▣ 24HVol: 1,945,711,003.703 ₮
▣ 24H Chng: -0.456%
▣ 7-Days Chng: 13.30%
▣ 1-Month Chng: 34.19%
▣ 3-Months Chng: 51.53%
◲◰ Pivot Points - Levels :
◥ Resistance: 85635.01 | 90900 | 105565
◢ Support: 70970.01 | 61570 | 46905
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 6.34
▣ Last 90D: 3.62
▣ Last 1-Y: 1.91
▣ Last 3-Y: 0.51
◲◰ Volatility :
▣ Last 30D: 0.58
▣ Last 90D: 0.49
▣ Last 1-Y: 0.53
▣ Last 3-Y: 0.55
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth BTCUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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