Get started

Trend Analysis

Bitcoin - More blood will follow (Do not buy now, buy here!)Bitcoin is completely manipulated by the banks and huge institutions. They sent Bitcoin down just to make your Christmas and New Year celebrations bad. But luckily I warned you about this crash a few days ago, just before it happened in my previous analysis, when almost everyone was drunk with strong greed. Bitcoin crashed by 15% so far; altcoins are down by 30% to 70%. The last days were very profitable, but let's focus on the future, because that's the most important. Bitcoin bounced a bit from 92k to 99k, giving players hope that the bottom is in. But do not be fooled, this looks like a corrective move for multiple reasons. The first reason is that the crash was extremely fast and strong, pretty much no one expected such a drop in the short term. My Elliott Wave analysis suggests that this is a strong impulse wave 12345 and therefore the start of a larger corrective structure ABC. We have finished wave A, now we are in wave B, and we can expect wave C to finish at around 85k! You want to take a Fibonacci extension, as you can see on my chart. I strongly recommend waiting for 85k because we have an unfilled FVGAP on the daily chart, and this needs to be tested. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss. I share my trades privately. Thank you, and I wish you successful trades!
Short
by Xanrox
131
2025 - Year of ETHEREUM = 10kWe are nearing Ethereum's historical reversal. I have been waiting for this zone for a long time, and we are already here. Check this chart 
Now, let's turn on the logic. Many financial institutions and banks did not buy that amount of Bitcoin at a low price, and now, looking at the reality, they realize that they will not miss such a chance with the number two cryptocurrency in the world. Calling Ethereum the number one cryptocurrency in the future and making irrefutable arguments about the more excellent technology of a larger ecosystem and others.
 Therefore, based on this logic, we can see an unprecedented influx of money into Ethereum and the entire ecosystem will fly upwards, all L2 solutions and all those projects that came out in the last 2 years in the ecosystem of ethereum that have not shown any result and disappointed the cryptocurrency community. When the majority went into super-tech projects, memcoins performed. To a greater extent this ecosystem will be inflated by retail and small funds based on the logic above, large market participants will recruit and already accumulate the primary cryptocurrency of the ecosystem - ETH.
This is why we can see the coveted 10k$ per coin in 2025. Best regards EXCAVO
Long
by EXCAVO
18
TradeCityPro | AAVE : Insights into the DeFi Lending Giant👋 Welcome to TradeCityPro! In this analysis, I’ll delve into the AAVE token. The current market conditions are challenging, and finding good positions is difficult. Therefore, I’ll focus more on explaining the project and less on chart analysis. 🔍 About AAVE: AAVE is a blockchain-based platform that allows users to deposit their assets as collateral and borrow against them. Since the platform operates on the blockchain, both collateral and loans are in the form of cryptocurrencies. A key parameter in this platform is the Health Factor, which is calculated based on the collateral amount and the borrowed amount. If this parameter falls below 1, the likelihood of liquidation increases significantly. 🔄 This platform enables users to borrow funds in a decentralized environment. Borrowed funds can be used directly or leveraged within the DeFi space for higher profits. However, this comes with specific risks, as highlighted earlier. 💸 AAVE generates revenue through interest rates charged to users. For instance, if a user supplies Ethereum to the platform, they earn a 5% return, while a borrower pays 7% interest. AAVE earns the 2% spread as its profit for mediating between the supplier and the borrower. 💰 Currently, the platform's Total Value Locked (TVL) stands at $19 billion, ranking second after Lido. This builds substantial trust among users. Due to its revenue model, AAVE is one of the few profitable crypto projects, enabling stakeholders to earn not only from token appreciation but also from platform-generated income. 🤝 Given AAVE's revenue model and the scarcity of profitable crypto projects, it has the potential to grow into one of the largest platforms in the crypto space. Already ranked second in TVL, it can further attract more users and expand its presence. 🔵 If AAVE continues to grow, its token could become one of the most critical assets in the market. With a market cap of $5 billion, AAVE currently ranks 30th by market cap. If its revenue remains stable and the project stays profitable, the token’s rank is likely to improve further. 📅 Weekly Timeframe: Strong Bullish Momentum and Parabolic Movement In the weekly timeframe, there is a visible accumulation box with its ceiling at $130.24. After breaking this level, strong bullish momentum entered the market. Following a pullback and breaking the $202.63 resistance, the next significant resistance lies at $476.74. 📈 From the initial rise off the $51.76 low, the buying volume has surged significantly, validating the upward trend. The RSI entered the overbought zone after the break of $202.63, further propelling the price upward. 🚀 The $476.74 resistance is critical, coinciding with the ATH level. Breaking this level could lead to a new ATH. Currently, Fibonacci levels for subsequent targets cannot be determined until the price correction zones are identified. After completing the correction, further targets can be analyzed. 🔽 In a corrective scenario: The first key zone is $202.63, especially if it aligns with the curved trendline, strengthening its significance.A deeper correction could reach $130.24, and breaching this level would end the bullish trend, signaling the start of a new market cycle. ✨ Breaking the $77.45 level would introduce bearish momentum, while a break of the $51.76 support could instill significant fear in the market, potentially leading to sharp price drops. 📅 Daily Timeframe: Signs of a Possible Correction In the daily timeframe, the latest bullish leg can be examined in more detail. Currently, the price has hit the $381.71 resistance and is undergoing a correction after one test. 🔑 So far, the correction has not been deep, with the price shadowing to the 0.382 Fibonacci level and temporarily recovering. If the correction continues: The 0.5 Fibonacci level is crucial and observable in lower timeframes. 📉 If both levels are broken, the next major support is $195.25, overlapping with the 0.786 Fibonacci level. This level is the last critical zone to maintain bullish momentum. Breaching it could bring bearish momentum into the market. 🔼 If the correction concludes and the $381.71 resistance is broken, the next resistance lies at $637.94. Breaking the 70 RSI resistance would reintroduce buying momentum. It is notable that the market volume hasn’t declined yet, which supports the bullish trend. ⏳ 4-Hour Timeframe: Futures Triggers In this timeframe, I will focus solely on futures triggers since the higher timeframe scenarios are already analyzed. 🔽 After reaching the $381.71 resistance, the price entered a corrective phase, touching the 0.382 Fibonacci level before forming support at $295.77. Breaking this support would activate the first short trigger, though it is highly risky due to the overall bullish trend. Personally, I won’t take this position as the market trend is still upward. 💥 Another short trigger could emerge based on Dow Theory, but the market hasn’t yet established the necessary structure. ⚡️ For a long position, the primary trigger is the $381.71 resistance, which is a crucial level. I aim to open a long position if this resistance is broken to profit from the next upward wave. Since opening a position upon breaking this level is challenging, an early long trigger could be identified at $337.93. A break of $53.80, coinciding with the $337.93 resistance, could also provide a good opportunity for a long position. 📝 Final Thoughts 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! ❤️ above.
Long
by tradecitypro
19
Bitcoin Roadmap==>>Short-termBitcoin ( BINANCE:BTCUSDT ) is moving near the Support zone ($95,000-$90,870) and 50_SMA(Daily) , also Bitcoin managed to break the Descending Channel . Although the main Ascending Channel has been broken in the above time frame , I still expect the pullback to the main ascending channel to continue. Regarding Elliott wave theory , Bitcoin seems to be completing microwave Y of the main wave 4 . I expect Bitcoin to rise to at least the 🎯Targets🎯 I have specified on the chart . ⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
19
Bitcoin: Time To Remove The Party Hats?Bitcoin may be on the verge of compromising the 90K support which I will interpret as a sign that the next broader corrective cycle MAY be beginning (Wave (IV)). IF this is the case, you can remove your Bitcoin 200K party hats for at least a YEAR or two. Gold had a similar outcome a few years back and persisted in a consolidation for two years before it broke out. A corrective cycle does NOT mean Bitcoin is going back to 50K (anything is possible though). It just means a prolonged consolidation may be on the horizon which will provide swing trade and investment opportunities for those who know what to WAIT for. The arrow on the chart points to the 92K support that is in play at the moment. At as long as 90K is not broken, I anticipate at least one more attempt to test the high. This short term up leg is likely to test the 100K area. IF the higher high (break of 108) does not culminate from the next price advance, then it would be wise to reduce risk, lock in profits and LOWER expectations until bullish short term price structure can rebuild itself. IF 90K is broken, the next inflection point on this time frame is the 86K area. Great profit objective for those bold enough to short this thing. If 86K is cleared, then its the low 80K area. Again this is one scenario of countless, the key is confirming the price action that supports this possibility, NOT to expect it. This is NOT a forecasting game, it is a interpreting and adjusting game. With the major holiday week on the horizon, it would be best NOT to expect a LOT of action. Volume typically declines, and movements become very muted or you can get slow grinds that just stubbornly persist to some key level. Either way, it is usually best to avoid such markets, ESPECIALLY if you look at smaller time frames. As far the the highs at 108K, anyone that bought anywhere above 100K is NOW at the mercy of the market. This is why I always warn my followers about buying into highs. Chances are you won't take your profits when the peak unfolds because you won't know its the peak until WAY after the fact. When I hear about people who have NO idea what Bitcoin is, now interested in "investing" in it, that screams THE PARTY IS OVER, for now. The best times to get in are usually when no one is paying attention, and for Bitcoin and the alt coins, that seems to take about a year or two from the peak. If you can't take the heat, don't play with fire (or Bitcoin). Thank for you considering y analysis and perspective.
COINBASE:BTCUSD
by MarcPMarkets
10
XAUUSD BUY ANALYSIS (READ CAPTION)hello my fellow traders! what do you think about gold today. current gold price: 2603 bulls are back and now gold is about to hit 2645 which is our demand zone. after rejecting 2582 twice market has established a strong bullish trend. from this position market's first target will be to break 2626 resistance and if market successfully breakout this zone then its next target will be 2645. key points: resistance: 2626, 2638 supporting area: 2595, 2618 Note: First Target: 2625 Second Target: 2645 Stop Loss: 2582 kindly like, comment and follow for latest updates on gold. thanks for your precious time and support.
FXOPEN:XAUUSDLong
by Ibrahim_Gold_Traders
25
TradeCityPro | LPTUSDT Weekly Watchlist Coin👋 Welcome to TradeCityPro Channel! Let’s analyze our triggers before global markets open. It is expected that we might enter a range-bound market phase, experiencing both time and price corrections. 🌐 Overview Bitcoin Before our short analysis, let’s review Bitcoin: Unfortunately, Bitcoin did not break above 99079, which means the bullish momentum did not start. In my opinion, this will lead to an extended range-bound market, possibly lasting through the Christmas holidays. Bitcoin dominance is also trying to create a lower high compared to 61.1%, and it is currently without much movement. This indicates that the range is likely to continue. For now, I suggest avoiding new positions to protect your stop-losses for more critical levels. Instead, focus on learning, finding suitable coins, or engaging in DeFi activities because when the market moves, you won’t have time for these things. 📊 Weekly Timeframe In the weekly time frame, LPT is one of the coins that has created a higher low compared to the previous year. Its upward movement started in 2023, and currently, it is oscillating within its large weekly box, ranging from 9.14 to 22.189. Usually, cryptocurrencies show sharp movements after breaking out of their weekly accumulation or re-accumulation zones, making them worth the risk. Why Not Buy Within the Box? Personally, I do not buy within the box as part of my strategy because I don’t like to keep my funds idle for too long. I want to use my capital actively to generate profits, rather than having it tied up for a year in a coin that may not perform. Instead, I wait for buying momentum with a defined stop-loss. For your purchase, make sure not to miss the 22.189 breakout. After breaking this level, you can enter with a stop-loss at the bottom of the box and hold for the mid-term. If you already hold this coin, I recommend exiting if the weekly candle closes below 9.143. You can re-enter the box later, even though fewer coins may be acquired. This strategy helps you avoid long-term downtrends. Using Fibonacci based on the 2023 low, the coin’s correction reached 50% Fibonacci and Dow Theory. This demonstrates the critical nature of the 9.143 level as support, which will not be easily lost, Price targets based on Fibonacci levels - 37.632 - 55.317 - 90.262 - 168.239 (if 22.189 resistance is broken). 💡 BTC Pair Insight The BTC pair of LPT is within its weekly box and has fake-broken its support, returning to the range. The current weekly candle is closing green, indicating the possibility of moving toward the upper boundary. Confirmation comes with a break of 0.0002088 and RSI above 61.23. Due to the coin's low trading volume, we cannot analyze the lower time frames for this pair. Before buying, ensure a trigger exists in the BTC pair; otherwise, there are likely better coins available for investment. 📝 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! ❤️
Long
by tradecitypro
18
Stock Market Logic Series #11If you are not adding the pre-and-after-hours of trading on your chart, you don't actually see the full picture of your trading analysis. A lot of times, the market makers will push the price on the pre/after-hours times on a light volume, and will define the true low or high of the day, where you could have gotten inside with a much better price and stop placement, so when the trading hours starts, you don't feel lost that you don't have a close risk point to put your stop at. Also, in those outside-hours, you can clearly see a much more sensible picture where the trendlines are much more clear and it is clear what the price is doing. Also, I don't even talk about when EARNINGS are happening... and there is a high chance for gap to happen in one direction or the other. After a gap happens, if you only look on the trading hours, you have only the information of the first 5 min of the day so you have some estimation of what could be the high or low of the day, but looking at the pre-market you could see what are the possible true high or low of the day, which is completely different. Also, after a gap happens, your indicators are "wrong", since they miss information. As you go into a higher frame this becomes less important, but still... some crazy huge moves start in the pre/after-hours and the price just never comes back, it just flies to the moon. So why not position yourself at a better price with better stop placement? The logic behind it, is that if BIG money wants a stock badly... he will buy it whenever it is possible and available before the other BIG money will snatch it from it... Look how clear price action looks in this chart:
NASDAQ:TSLAEducation
by ZoharCho
9
BTC - This Christmas is NOT different!Hello TradingView Family, this is Richard, and I want to wish you all a Merry Christmas. I hope you enjoy this Christmas-themed idea.🎄 💡Can you spot a pattern here? As shown in my last two Christmas posts (attached to the chart), BTC broke out of consolidation and surged by around 70%.📈 I believe this Christmas will be no different. For the next bullish wave to begin, a break above the orange zone is needed, which aligns perfectly with the $100,000 round number. What do you think? Will this Christmas follow the structure of the past two years, or will it be different and lead to a deeper correction⁉️ 📚Always follow your trading plan regarding entry, risk management, and trade management. And Remember: All Strategies Are Good; If Managed Properly! Merry Christmas Everyone 🎄 ~Richard Nasr
Long
by TheSignalyst
34
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea playing out, as analysed. We started the day with our Bullish target hit at 2629 with no cross and lock above confirming the rejection. We are now seeing price head towards the bearish gap below. We are looking for price to stay supported above this level to continue to use our smaller timeframes for entries to buy dips, unless we see a cross and lock below 2600, in which case the lower range will open up. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2629 - DONE EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET 2655 EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET 2694 EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET 2726 BEARISH TARGETS 2600 EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET 2561 EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE SWING RANGE 2518 - 2486 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
Bitcoin can little correct and then continue to grow in rangeHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price declined to the resistance line and rebounded at once and made impulse up. BTC rose to a support level, which coincided with the buyer zone, but firstly it made a small correction and some time traded below the 92500 level. Soon, the price broke this level, after which it started to trades inside the range, where it at once made a retest and tried to grow, but later corrected the support level. Next, the price continued to move up and reached the resistance level, which coincided with the seller zone, after which corrected the resistance line. After this movement, BTC at once rebounded and rose to the seller zone and even higher, breaking the 103500 level. But soon, the price turned around and dropped to the support level, breaking the resistance level with the resistance line. Then the price turned around and a not long time ago started to grow. For this reason, I think that Bitcoin make a small movement down to almost the support level and then continue to grow to the 103500 resistance level inside the range. That's why I set my TP at this level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
7
Bitcoin Trades Above $90,000 (Altcoins Trading Strategy)To be a winner in 2025 you need to a buyer now. I am going to share a simple trading strategy for the Altcoins market. It can apply also to Bitcoin but for Bitcoin there is need to wait until a support level is established/confirmed. Good evening my fellow Cryptocurrency trader, merry Christmas in advance. To be a winner in 2025, a big winner, you need to be a buyer in 2024. The market has to undergo more consolidation before the next bullish wave. This is normal, here is how it works: First, we had a strong bullish wave. This bullish wave invariable ends in a correction. This correction leads to consolidation and this consolidation leads to a new bullish wave. When the new bullish wave develops, two months from now, there will be another correction and this correction will be followed by additional growth and a major bull-run. This is a long-term perspective. You cannot buy when prices are going up or after the action is in. This would limit your potential for big wins. Here is the strategy simplified: Buy and hold with a waiting time approximating three months. By three months, we are green with 1-level up or 100% profits vs our current entry price. This is a generalization. Some pairs will be at 300% profits while others will be at 20%. It will take 2-3 months for full green and 4-6 months to close a full successful trade. So we are looking at a time horizon of six months and a half for successful spot traders. You can win 400-600% easily on each pair, if the choice is the correct one. We had a preview just last month ending this month. A very long consolidation phase between July and October led to massive growth. We saw some pairs quadrupling or more. Even the big projects with billions of dollars worth of market cap grew several levels, which is amazing. We had a preview in 2023 when everything grew 500%. We have experience from 2021 when the market produced its previous bullish phase. We know what is coming; We know how it all happens; We can prepare in advance. Crypto is going up. We are looking at an awesome opportunity for those who decide to buy and hold. There are many ways to approach the market. This is just a general strategy and must be adapted to your own capital, trading style, risk tolerance and goals. This is not financial advice. You are appreciated. I welcome your continued support. Thank you for reading. Namaste.
Long
by AlanSantana
3
Lingrid | GOLD Weekly Market OUTLOOKOANDA:XAUUSD made a sharp drop mid-week to the support level of 2585 before recovering on Friday. This rebound was largely influenced by Jerome Powell's press conference, which sparked concerns about potential Federal Reserve monetary tightening, while a strengthening TVC:DXY further pressured gold prices. The market appears to be entering a consolidation phase ahead of upcoming holidays, likely maintaining stability as it seeks direction through the New Year. Trading may remain range-bound between 2600-2650. On the weekly timeframe, the market closed with a bearish candle following a pin bar formation. The daily timeframe shows an emerging triangle pattern with lower highs and higher lows, indicating decreasing volatility. Given these conditions, I expect sideways movement rather than a trending market next week. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
8
TradeCityPro | MNT: Momentum in Mantle's Layer 2 Network👋 Welcome to TradeCityPro! In this analysis, I’ll review MNT, the token for the Mantle Network, which is a Layer 2 solution on Ethereum. Over the past few weeks, this token has shown significant bullish activity. If you’ve been following our YouTube channel, you’ve likely participated in the Cook airdrop on Mantle and bought MNT at lower prices. 🔍 After the price reached the $1.2701 zone and made a false breakout, it failed to reach the $1.4386 resistance level and began a correction, retracing to the 0.236 Fibonacci level. 📊 Despite the ongoing correction, selling volume has decreased, and green candles exhibit higher volumes, indicating the strength of MNT’s bullish trend. 📈 If the price breaks through $1.2701, it can easily register a new all-time high. However, to determine the precise targets, we need to wait for the breakout confirmation and utilize Fibonacci extension levels. 🧩 If the price fails to hold the 0.236 Fibonacci level, it could drop further toward the 0.382 level, which overlaps with the $0.9248 support zone. 🔽 Further support zones include the 0.5 Fibonacci level at $0.83 and the range between 0.707 and 0.786 Fibonacci levels, which intersects with the $0.655 support zone. A breach of the $0.655 support would indicate the end of the uptrend, with the final major support resting at $0.5373. ✨ Additionally, breaking the 50 RSI support would increase the likelihood of a bearish continuation scenario. 📝 Final Thoughts 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! ❤️ above.
Long
by tradecitypro
17
Gold is Ready to Break Resistance lines!!!Gold attacked a Heavy Support zone($2,605-$2,584) yesterday, as I expected . Gold is starting to rise from the Heavy Support zone($2,605-$2,584) and breaking the First Resistance lines . According to the theory of Elliott waves , Gold managed to complete wave 5 so that wave 5 was Truncated . I expect Gold to attack the Downtrend line and the Resistance zone($2,642-$2,620) after breaking the First resistance lines . ⚠️Note: If Gold goes below $2,600, we should expect more Dumps⚠️. 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
17
BTCUSDT major supports are holding the price what if it break?For sure(90% sure) the supports which are mentioned on the chart with green zones will break to the downside and Bitcoin bellow 90K$ support would be crazy and so many stop loss will hit with high volume there, even more fall and dump is expected like the red arrows on chart. Notice: we may have more range here or even fake rise before the next phase of dump which will start again and soon. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Short
by MMBTtrader
18
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report we said we would be looking for the levels of resistance above at the 2670-75 region where we anticipated the short trade to come from and the lower levels of support standing at 2630 where we wanted to see a reaction in price. We managed to get the short just below around the 2665 region giving us a nice start to the week in Camelot, targeting lower and breaking through 2630. We then continued to short completing the bias target levels as well as the red box targets which were shared with the wider community. Pre-FOMC we suggested traders pause and wait for the reversal which we managed to get based on the indicator and the FOMC report enabling us to capture the move upside into the close of the week, giving us a phenomenal pip capture on Gold. Add to that the other pairs we’ve traded and analysed through the week, and it was a nice end to week giving us an opportunity to now take it lightly for the remainder of the year. So, what can we expect in the week ahead? For this week we will be expecting thin volume so potential for ranging and slow movement with sudden burst of unexpected volume. We again have the key level of 2630-35 above which is a reasonable target region for the start of the week as long as the support level just below here holds us up 2610. If we can start the week with a move into that region we feel an opportunity to long is there with the first region being 2630 and above that 2635. 2635 is the level we’re anticipating a break of into the higher levels of 2650-55 and above that 2660-6, which is where we ideally want to be waiting for the short opportunity to take this back down into the lower levels with potential to then break below the 2600 level. We say it a lot but this week and most probably for the remainder of the year we will be taking this level to level, hence the report is showing you’re the 4H red boxes which together with our 15min and 1H indicators work well to capture the moves for intra-day trading across all pairs. KOG’s bias for the week: Bearish below 2660 with targets below 2610, 2596, 2580 and 2578 Bullish on break of 2660 with targets above 2667 and above that 2670 RED BOXES: Break of 2625 for 2630, 2635, 2645 and 2660 in extension of the move Break of 2610 for 2606, 2590, and 2680 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
11