Analysis of gold market outlookTechnical analysis of gold: Gold fluctuated on Wednesday, and the price went back and forth repeatedly. After the US market retreated on Tuesday, it did not fall below the 3100 mark. Only after breaking this position can it open up further downward space. The upper side is the 3140 mark. It should be noted that even if it breaks higher, it is necessary to prevent long risks, and it is only suitable for short-term. Gold is currently continuing to fluctuate along the short-term moving average in the daily trend. The current price is supported around 3100. In the 4-hour level trend, the short-term moving average is basically in a state of adhesion and flatness. The K-line has insufficient downward momentum in the short-term trend after the continuous lower shadow line is formed. Attention should be paid to the possible sideways shock repair and the secondary upward trend after the technical pattern repair is completed.
Gold's 1-hour moving average has gradually begun to show signs of turning around. Gold's 1-hour moving average is also in the shape of a head and shoulders top. Even if it pulls back and forth again, gold will continue to fluctuate in a large range. There will be more data in the second half of this week, and there will also be news of important events, so gold still needs to wait for news or data to let gold move in a new direction. Gold has not broken through the intraday high, so we will continue to focus on high-altitude trading in the US market. Overall, today's short-term operation strategy for gold is to focus on rebound shorting and callback longing. The short-term focus on the upper side is 3138-3140 resistance, and the short-term focus on the lower side is 3100-3110 support.
Gold operation strategy reference:
Short order strategy:
Strategy 1: When gold rebounds around 3138-3140, short (buy short) in batches, 20% of the position, stop loss 6 points, target around 3120-3110, break the position and look at 3100
Strategy 2: When gold falls back to around 3100-3103, buy long positions in batches (buy up) of 20% of the position, stop loss 6 points, target around 3110-3120, break the position and look at 3130
Trend Analysis
Navigating the Range Ahead of Tariffs Announcement📢 News 📢
President Trump is set to announce new tariffs today, April 2, 2025, at 4 p.m. Eastern Time. This initiative, dubbed "Liberation Day," aims to boost U.S. manufacturing by targeting imports like autos, steel, and pharmaceuticals. 📦💊 However, economists warn that these measures could lead to higher consumer costs and disrupt trade relations. 📉💹
This news might influence market sentiment and could have implications for gold trading. Keep an eye on how the market reacts! 📈💰
📊XAUUSD 1H Analysis (Current Situation)
Market Structure:
The market is in a clear bullish trend with strong momentum from the previous sessions.
Recent price action shows consolidation near 3,132, suggesting a potential liquidity build-up.
There is a higher high formation, but rejection from the supply zone around 3,139 - 3,150.
Key Technical Zones & Confluences:
Supply Zone / Potential Sell Area:
3,139 - 3,150: If price reacts with strong rejections here, a potential short opportunity may emerge.
3,165 - 3,182: If price breaks above 3,150, this is the next key resistance area.
Demand Zone / Potential Buy Areas:
3,110 - Strong Rejection Zone: If price pulls back here and finds bullish confirmations (e.g., bullish engulfing, liquidity grab), a long entry could be valid.
3,092 - 3,075 Potential Buy Zone: A deeper retracement into this level could provide a sniper entry opportunity.
🔴 Sell Setup
Entry Zone: $3,133 - $3,135
SL: Above $3,138 (tight protection)
TP1: $3,128 (first reaction)
TP2: $3,117 (liquidity zone)
TP3: $3,103 (full move)
📌 Reasoning:
Mid-range premium pricing (not at extreme highs but still valid)
Multiple rejections in this zone (potential shift in order flow)
Possible short-term retrace before continuation
🔴 Sell Idea
Entry Zone: $3,145 - $3,150
SL: Above $3,153 (small wick safety)
TP1: $3,132 (reaction level)
TP2: $3,128 (stronger demand)
TP3: $3,117 (full imbalance fill)
📌 Reasoning:
Liquidity grab potential above $3,145
Imbalance & order block confluence
Possible rejection from premium supply
🟢 Buy idea
Entry Zone: $3,094 - $3,089
Stop Loss (SL): Below $3,085
Take Profit (TP) Levels:
TP1: $3,117
TP2: $3,128
TP3: $3,150
📌 Reasoning:
Unmitigated demand zone
Imbalance around $3,094 suggests a reaction
Strong liquidity pockets nearby
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your own plan and wait for confirmation before taking action.
MBOXUSDTMBOXUSDT, from my perspective, is a currency that I believe has potential on a medium-term basis. I have identified key resistance areas that are likely to turn into support once reached, and the price should respect these levels during corrections.
Please note that trading is done at your own responsibility; the above is merely my opinion.
EURUSD:The euro is facing a "battle at key resistance levels"The EURUSD exchange rate continues its rebound momentum. Although the weak inflation data in the eurozone has strengthened the market's expectation of an interest rate cut by the ECB, the US dollar has weakened due to the risk - off sentiment triggered by Trump's tariff remarks, which has become a key factor supporting the short - term upward movement of the euro.
We can focus on the initial resistance level of 1.0880 above. If this level is not breached, one can attempt to short at high levels.
Trading strategy:
Sell@1.0880
TP:1.0780
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Bullish Breakout from Falling Wedge | Upside Potential Ahead!Market Overview:
The Bitcoin (BTC/USD) 4-hour chart is displaying a Falling Wedge pattern, a well-known bullish reversal structure. This indicates that the downtrend is weakening, and a potential breakout could lead to a strong upside move.
🔹 Key Technical Analysis
1️⃣ Falling Wedge Formation & Breakout
Bitcoin has been trading inside a falling wedge, marked by lower highs and lower lows, signaling a contraction in volatility.
A breakout above the upper trendline of the wedge is forming, suggesting a bullish reversal and the start of an uptrend.
Falling wedges typically lead to a rally equal to the height of the pattern, giving a measured move target of $114,334.
2️⃣ Price Action & Confirmation Levels
A clean breakout above $87,000 would confirm bullish momentum.
If price successfully retests the wedge’s upper boundary and holds support, further bullish continuation is expected.
The psychological level of $100,000 could act as an interim resistance before the final target is reached.
3️⃣ Upside Target & Resistance Zones
The measured move suggests a potential rally towards $114,334, aligning with previous resistance zones.
This target represents a 30.55% gain from the breakout level.
Traders should watch for pullbacks and retests as part of the breakout confirmation.
📈 Trading Plan - Long Setup
🔹 Entry: Look for a confirmed breakout above $87,000, or a retest of support.
🔹 Stop Loss: Below $84,000, protecting against false breakouts.
🔹 Take Profit: $100,000 - $114,334 (previous resistance & measured move target).
🔹 Risk-Reward Ratio: Strong bullish setup with favorable upside potential.
🛑 Risk Factors to Consider
⚠️ A failed breakout and a drop below $83,000 would invalidate the bullish setup.
⚠️ External factors such as macroeconomic events, regulatory news, and BTC ETF developments could influence volatility.
Final Thought
The breakout from the falling wedge signals a potential bullish continuation for Bitcoin, with targets set around $114,334. Traders should watch for confirmation above $87,000 and manage risk accordingly.
Review and plan for 3rd April 2025 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
DAX Bullish ReversalDAX Index (GER30) Trade Setup – 1H Chart Analysis
The DAX Index (GER30) is showing signs of a potential bullish reversal from a key support zone. The price has reacted at 21,975.87, indicating a possible upward move. A retracement to the **62% Fibonacci level (22,534.21) presents an optimal buy entry with a well-defined risk-to-reward ratio.
Trade Details:
- **Entry:** **22,534.21** (62% Fibonacci retracement)
- **Stop Loss (SL):** **21,975.87** (Below the recent swing low)
- **Take Profit Targets:**
- **TP1:** **23,476.14** (0% Fibonacci level)
- **TP2:** **24,056.53** (38.2% Fibonacci level)
- **TP3:** **24,995.45** (100% Fibonacci extension)
Analysis & Justification:
✔ Key Support Confirmation** – The price bounced off **21,975.87**, a significant support level.
✔ Fibonacci Confluence** – The 62% retracement level aligns with historical reaction zones.
✔ Moving Average Resistance** – A breakout above **22,600** could confirm bullish momentum.
✔ Risk-to-Reward Ratio** – The trade offers a **minimum 1.7:1 ratio**, improving with higher TP levels.
QNT is about to take off like a rocket soon (1D)The higher structure of QNT is bullish, but its internal structure has turned bearish.
Therefore, we can look for buy/long positions in fresh and unmitigated Demand zones.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
AUD-CAD Will Go Down! Sell!
Hello,Traders!
AUD-CAD shot up sharply
But then horizontal resistance
Of 0.9035 and we are already
Seeing a bearish reaction so
We will be expecting a
Further move down
Sell!
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.
BTC Dominance: We Warned You And It's HappeningHello, Skyrexians!
A lot of hating comments we received under our recent CRYPTOCAP:BTC.D analysis. Now we sure that market always go against the crowd. This is the super valuable experience and we want to say thanks to all haters. Now let's update this idea, try to understand the structure on the wave 5 drilling into lower time frame.
Let's take a look at 12h time frame. We can see that after the spike in the wave 3 price retraced with the ABC zigzag and started the new wave 5. Waves 1 and 2 inside this wave have been finished. Wave 2 reached exactly 0.61. Now we can measure wave 3 target. 1 and 1.61 are the potential target. The most realistic one is 64.7%. Then we expect the wave 4 and the last leg up into subwave 5. Always look at the divergence on the Awesome Oscillator to measure the trend end.
Best regards,
Skyrexio Team
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XRP range - price sitting on supportXRP seems to have established a range here with price now close to the bottom of the range.
Also possible ascending channel with price reacting to bottom of channel.
Also seeing these possible flags/descending channels with price consolidating downwards with a good possibility for a reaction around these confluences.
Invalidation is below the lower support for the range with maybe a little room in case of deviation.
Alt Season Hello traders,
This is the chart of ETH/BTC on the daily chart. This specific chart is the most important when it comes to altcoins because they mostly follow ETH and if we go back in history on every alt season ETH always outperforms BTC and that's a fact.
ETH have been struggling to keep up with BTC in the last couple of months. But now a huge signal was made and if everything goes as planned we might see altcoins outperform BTC. A bullish divergence was spotted where price has made lower lows and the RSI made higher lows, that indicates that there is buying pressure.
If the RSI doesn't go any lower this is a clear sign of huge upside potential.
Introduction to the Gold Spot (XAU/USD) Chart
This TradingView chart offers an in-depth look at the current dynamics of Gold Spot (XAU/USD) on a 30-minute timeframe, making it a powerful tool for traders seeking to navigate the gold market with precision. At its core, the chart is not just a depiction of raw numbers—it’s a visual narrative of price movement, market sentiment, and technical signals that together guide sound trading decisions.
Prominently featured are the key price levels, with the chart marking a sell order at 3,145.71 and a buy order at 3,146.65. These numbers serve as immediate reference points for traders looking for entry or exit signals. Beyond these basic levels, the chart is enriched with annotations such as “BOS – BUY,” which indicates a Break of Structure suggestive of bullish momentum, and “CHOCH – SELL,” highlighting shifts in market behavior that may signal selling pressure. Additionally, a clearly defined “Key Buy Zone” emphasizes an area where traders might consider initiating long positions.
The visual layout further segregates critical price zones: a purple resistance area around 3,183.80 suggests where the price might encounter significant selling pressure, while a green support zone near 3,110.00 signals potential buying interest. Alongside these, the integration of the Relative Strength Index (RSI)—with readings such as 51.57 and 68.37—provides deeper insight into market momentum and potential overbought or oversold conditions. This blend of support/resistance levels and momentum indicators allows traders to anticipate price reversals or continuations with greater clarity.
Finally, the presence of various TradingView tools along the chart’s sidebar underlines the platform’s versatility. These interactive elements empower users to perform real-time technical analysis, from drawing trend lines to adjusting timeframes, ensuring that every aspect of market movement is captured and analyzed meticulously.
In summary, this chart encapsulates the multi-faceted approach required for trading gold effectively. It combines precise numerical data with strategic technical annotations, making it an invaluable resource for anyone looking to master the intricacies of gold trading.
For further exploration, you might consider deepening your understanding of how Break of Structure (BOS) and Change of Character (CHOCH) indicators can inform advanced strategy adjustments. Additionally, integrating other tools like Fibonacci Retracement or volume analysis alongside RSI readings could provide even more nuanced insights into the market’s behavior.
Focus on the support position below!The trend of gold's continued rise after breaking through $3,100 indicates that its path of least resistance is still upward. After losing below, it may return to the round mark of $3,100. If it effectively falls below this level, it may trigger a long-covering market, which will push the gold price to test the support of $3,076 near Monday's low. In the short term, pay attention to the new high of $3,148-50.
Gold hourly chart;
Gold short-term analysis; Last Friday, gold rose all the way to 3085, and there is still room and demand for further rise. On Monday, it opened directly to 3097. Pay attention to the suppression of 3150 above gold. The news stimulated it to break new highs. Today, it is mainly a correction, and short orders must be cautious.
Gold operation ideas today;
1; Long orders below can be tried at 3110-05, looking at 10-15 points,
Will SOL drop below $100?Hello Traders,
I hope you are all doing well. Here’s a quick analysis of SOL on the weekly timeframe.
After reaching its all-time high of $295, SOL experienced a 60% decline within 11 weeks. According to the chart, the support trendline remains strong, and technically, the price has not yet reached that level.
If we see a further dip toward the support trendline, SOL could drop as low as $90. However, a rebound from this level could lead to a significant upward move.
Long-Term Strategy:
✅ Accumulation: $90 to $125
✅ Trade Type: Spot
✅ Target: $300 to a new all-time high
✅ Period: By the end of Q3
🔔 Reminder: Always conduct your own research and analysis before investing. This is not financial advice.
Regards,
Team Dexter
Liberation Day, Bitcoin to 73.000,00Today will be the Liberation Day where president Donald Trump will impuse tarrifs to all countries.
Bitcoin today will see the biggest candle of the year im sure to the down side. I see price going lowere than 73k, and after that starting a bounce.
Trade War will begin today with china already baning companies that trade with the US
This is terrible for global liquidity and will make everything more expencive on good, not on assets