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Trend Analysis

Could the Fiber bounce from here?The price is falling towards the support level which is an overlap support that lines up with the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.0451 Why we like it: There is an overlap support level that lines up with the 23.6% Fibonacci retracement. Stop loss: 1.0391 Why we like it: There is a pullback support level that aligns with the 50% Fibonacci retracement. Take profit: 1.0535 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
Bearish reversal?Dow Jones (US30) is reacting off the pivot and could drop to the 1st support. Pivot: 44,527.60 1st Support: 43,330.76 1st Resistance: 46,048.47 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:US30Short
by ICmarkets
GOLD Price will Reject From Resistance Area Hi traders what's do you think about GOLD given suggestion in comments. XAUUSD price action with a focus on key levels. Based on your outlook, it seems like you're anticipating some pullback due to the hawkish stance from the Bank of Japan, and you're considering the upcoming economic data releases, like the US GDP and Fed's decision. Rejection Point: 2789 - This seems like a crucial resistance level. If the price tests this and fails to break above, a rejection could lead to a downside move. Current Price: 2776 - This is just below your resistance zone, and price might move toward 2789 to test the resistance before pulling back. Support Levels: 2760: A decent support level; if price dips here, it might find some buyers stepping in. 2740: A second support, which could be key for holding further declines. Considering the data releases on Friday (US GDP and Fed decision), there could be some volatility around these levels. What are your thoughts on the potential outcomes from the Fed's decision? Do you see them leaning more towards tightening, or do you think a pause might result in further strength for the USD? if you like this analysis please support my work and fallow thanks for Love.
OANDA:XAUUSDShort
by FxJennefir
1
Gold testing $2,780, but could it stumble before another rally.1/ Gold is making moves! XAUUSD is pushing against $2,780 resistance. With interest rate cuts on the horizon and global uncertainty rising, gold remains the GOAT of safe-haven assets. Let’s break it down. 2/ 📈 Performance Update: Gold has rallied strongly, eyeing $2,780 as a key level. Factors driving this surge? Central bank buying (hello, China 🇨🇳). Inflation fears lingering. Fed rate cuts brewing. 3/ 🏦 Central Bank Moves: Did you know? Central banks bought over 800 tons of gold in 2023, a record-breaking spree. Institutions clearly trust gold more than fiat—should you? 🤔 4/ 🔍 Valuation vs. Peers: Gold vs. Silver? Gold shines brighter: steadier growth, lower volatility. 🌟 Gold vs. Bitcoin? Bitcoin brings chaos; gold brings calm. Safe, stable, solid. 💰 5/ ⚠️ Risks Ahead: Overbought Levels: Some indicators say gold is getting pricey—watch for pullbacks. Strong USD: If the dollar flexes, gold might stumble (inverse correlation 101). Bond Yields: Rising yields could steal gold’s thunder. 6/ 💡 Opportunities: Rate cuts = liftoff for gold. 🚀 More central bank buying could squeeze supply and pump prices higher. Uncertainty = gold’s time to shine (it loves chaos). 7/ 🔬 Why Gold Wins: When the world gets messy, gold keeps it classy. 🌍✨ Whether it’s inflation, rate hikes, or geopolitical turmoil, gold proves that slow and steady wins the race. 8/ 📊 Key Levels to Watch: Resistance: $2,700 Support: $2,651 (50-day SMA) and $2,625 (100-day SMA). Which direction do you think gold is heading? 👀 9/ 🤔 What’s Your Play? 🟢 Buy now—it’s going higher! 🟡 Hold and watch the levels. 🔴 Too risky, I’m staying out.
OANDA:XAUUSD
by DCAChampion
1
Future DAX IMOWe can see the DAX has rocketed up in the past 2 weeks with very little momentum loss until the 24/01/2025. It made all time highs without finding a new resistant level as of yet, meaning we're most likely looking at a routine bounce from the 21500 mark and more than likely, a steep downfall until we get back to 21000. Looking in depth at all time frames, it wouldn't surprise me if we fall all the way back to its current major resistance price (18850) and then potentially moving back even higher towards the 2nd half of the year.
XETR:DAXShort
by BradJones
GOLD THE WEEK TO COME We have an interesting week coming up and starting with the news we have the news that might favor the dollar strength to continue if this happens we might see a correction on gold for a short term and then continue the move to the upside. 2800 might be broken and it could be a fake out for us to go in to consolidation or correction. There is a bit of ease in some of the geopolitical news and this might also reduce the appetite for gold. how i expect this to play out is for gold to come down to 2760 and then try and break the all time highs and come down to 2750-2725 Happy trading
FX:XAUUSDShort
by rasmarcusgarvey