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Is now the best time to short gold prices?I don't think so. I believe you have read the article I posted yesterday. If not, read it again. Is the accuracy of the fast trading strategy amazing? Indeed. This is the strength of the fast trading strategy analysis team. At present, the values ​​mentioned yesterday have been fully achieved today. Today, I led all members to go long on gold prices again to expand profits. There are about 9 profitable orders. You can refer to the fast trading strategy grouping Tomorrow's trading direction: Check above to see if the position of 2786 can be successfully broken through. If not, you can refer to the opportunity to sell above 2786 and buy near 2770 tomorrow. If it breaks through, then 2800 points is not far away. At present, there is no major news to promote it. Focus on the initial jobless claims data on Thursday night and the release of non-farm data on Friday. This week's time is also very tight. After all, good trading opportunities want to expand profits. Members of the fast trading team are no exception. So I am also busy. Market analysis for three days this week. The accuracy of the signals is obvious to all. Trading is actually very simple. As long as there is trading funds in the account, everyone can leave me a message. Everyone has equal opportunities. No one wants to be a person who keeps losing money! Everyone agrees, right? There are only two trading opportunities left this week, and the trading space is still very large. The proportion of making money. The probability of making 70% profit on 100k is more than 95%. The probability of making 100% profit is more than 85%. The above are all cumulative data. People who continue to pay attention know this. Regarding trading, this is all I will notify you today. If you have any questions, you can leave me a message at any time. I will reply and solve them in time when I see them.
TVC:GOLDShort
by George_parse
Gold's rising momentum continues unabated, continue to focus on As a traditional safe-haven asset, gold is often favored during periods of geopolitical turmoil. So far this year, gold prices have risen 35% and are expected to record their best annual performance since 1979. The intensified conflict between Israel and Lebanon has led to tensions, further boosting market demand for gold. Israel's recent air strikes have caused a large number of civilian casualties, attracting widespread attention and condemnation from the international community. The Lebanese Prime Minister said that the two sides may reach a ceasefire agreement in the next few days. Although this news may ease short-term tensions, market concerns about the future situation remain. The release of US third-quarter economic data showed that GDP grew 2.8% month-on-month, and consumer spending grew 3.7% at the fastest rate in a year and a half. Despite the strong economic performance, inflation has slowed, with the core personal consumption expenditures (PCE) price index rising only 2.2%. These data provide new clues to the Fed's policy path. The market generally expects the Fed to cut interest rates by 25 basis points at its meeting next week. Despite strong economic growth, gold remains the first choice for investors in an uncertain environment. As the election approaches, the market is full of doubts about the future direction of US economic policies, and the safe-haven demand for gold may rise further. The supply and demand of gold also affects the price. Uncertainty in the global economy has prompted investors to increase their allocation to gold, especially in a low-interest rate environment, where the attractiveness of gold as an interest-free asset has increased. At the same time, the loose policies of central banks around the world continue to support gold prices. In response to the economic slowdown, many central banks have generally adopted measures such as interest rate cuts and quantitative easing, which has further boosted demand for gold. On Wednesday, it hit a record high of $2,789.89 per ounce. On Wednesday, mainly driven by the uncertainty of the US presidential election and geopolitical tensions, investors' demand for safe-haven assets increased significantly. Gold hit a record high again on Wednesday. Today, investors continue to pay attention to the 1-hour support area below 2,778, and go long on gold after the correction stabilizes. Thank you for your likes, thank you
FOREXCOM:XAUUSDLong
by Yuliya1l11
BNBUSDT Up trend continuationBNBUSDT is currently consolidating just below the psychological level at 600, having formed a double top, suggesting a potential pullback toward the support level. Zooming out, we can observe an ascending triangle pattern with higher lows, indicating accumulating buying pressure. The market appears likely to continue consolidating within the 570-600 range before a potential breakout. A bounce off the channel border and trendline, located at the bottom of this range, could serve as a strong rejection signal. Such a move would imply renewed buying interest, possibly leading to a continuation of the upward trend. The target is the resistance zone around 600
Long
by RTED_Investing
2
BICOUSDT analysis (1H, 1D)I've done a NEIROETHUSDT analysis in the recent past, and one thing I learned from it was that we should never overlook the volume . We look at the BICOUSDT chart here and similarly we see a big volume in recent hours. The red line represents the resistance line of the downtrend from 1D chart. The downtrend has been continued for last 6 months , and we can see that this line has had a lot of price actions since this March - making it very important & historical. And now, we see the price approaching the line again, but this time it is exceptionally aggressive - the candle is tall, the volume is nothing like we've seen in past 2 months. Going back to the 1H chart, we can identify the supply zone just before the aggressive climb takes place. We can rely on this zone because it has shown numerous price actions in the past - whenever the price steadily declined down to the zone, it has shown reversal of trend. The only time it did not respect the zone was this - a massive bearish candle delivered by the volume spike - almost 50 times higher than the previous one. When the price moves aggressively like this, we cannot expect reversal to happen: this is why we always enter AFTER confirming the reversal. The price is now being retested in 0.22 - 0.23 zone. One strategy we might use here is good old 'liquidity grab' strategy. The principle of this strategy is catching the false breakout of the liquidity grab line and enter short when we confirm reversal of the trend. Momentum Oscillator will help us in confirming the reversal. HOWEVER, the unusual volume spike in recent candles could make such approach risky. Although it might be profitable temporarily, it is definitely not in long term. (At least we cannot expect it to be.) Considering two factors - one, price is very close to the resistance line of the downtrend with high volume and two, BTC is on an uptrend as US election nears: these could mean that BICO is ready to stop the 6-months downtrend and reverse into an uptrend. When price is being this aggressive, it might not respect any zones, lines or levels. BTC movements are also very unusual. Back to BICO: And just as it shows in its history, it doesn't mess around in an uptrend. Stay tuned!
by QJEEE
BITCOIN BULLISH MOMENTUM IN WEEKLY!!!! The weekly BTC/USD chart above shows an Bullish Flag pattern, where Bitcoin’s price is trending upward within parallel support and resistance lines (yellow lines). This pattern often suggests a potential breakout if the price manages to break above the channel’s resistance. To set Fibonacci targets in the range of $90,000 to $100,000, let’s add levels that align with that price zone: 1. 150.00% ($90,000) - This can act as a strong psychological level within the bullish move, marking the start of the $90k range. 2. 161.80% ($94,407) - A common Fibonacci extension level that is close to the midpoint between $90k and $100k. 3. 175.00% ($100,000) - Reaching this level would mark a major milestone and could trigger significant profit-taking. These Fibonacci targets highlight possible resistance areas for Bitcoin within the $90k - $100k range, especially if momentum remains strong. This pattern suggests Bitcoin could keep climbing if a breakout happens, with these Fibonacci levels as possible profit-taking points.
COINBASE:BTCUSDLong
by anandahaidarr
GbpUsd- Preparing for reversalAs I mentioned last week, I’m closely monitoring the GBP/USD pair for a potential upside reversal. This expectation is based on the recent overlapping decline, which is contained within a channel, as well as the proximity to a significant support level. In recent days, the pair hit a local low of 1.2912 before reversing toward 1.3000 and beginning a consolidation phase. I believe it’s only a matter of time before GBP/USD clears the 1.3000 mark, potentially accelerating toward a target around 1.3150.
Long
by Mihai_Iacob
6
GBPUSD InsightHello, subscribers! It's great to see you all. Please feel free to share your personal opinions in the comments. Don't forget to like and subscribe. Key Points - Preliminary German CPI rose by 2.0% year-on-year, exceeding expectations and the previous month's figure. - U.S. Q3 GDP grew by an annualized 2.8% quarter-on-quarter, falling short of market expectations. - U.S. ADP private employment increased by 233,000, surpassing both market expectations and the previous month's revised figure, raising anticipation for this week’s Non-Farm Payrolls and unemployment rate data. - ECB Executive Board Member Isabel Schnabel stated that the fight against inflation continues, and a gradual approach remains appropriate to remove policy constraints. - The Fed has entered its blackout period, and the CME FedWatch tool reflects a 96.1% chance of a 25 bp rate cut at the November meeting. Economic Indicators -October 31: Bank of Japan rate decision, Eurozone October Consumer Price Index, U.S. September Personal Consumption Expenditures Price Index. - November 1: U.S. October Non-Farm Payrolls, unemployment rate. Chart Analysis GBP/USD appears to be rising, supported by the trendline, suggesting potential growth up to the 1.34000 level. However, if Trump wins the election, there may be an adjustment to the Fed’s rate cut pace, which could impact market direction. If the lower trend support breaks, GBP/USD is likely to retreat toward the 1.26000 line. If market direction shifts downward due to various factors, we will promptly adjust our strategy.
Long
by shawntime_academy
Oil ShortLooking to short Oil. After the large gap from weekend news regarding the strikes on Iran being more about retaliation than targeting the manufacturing supplies there is some downside potential for Oil. Currently trading below the gap, I am looking to trade Oil lower before buying it back up. Buy's right now do not make sense for the strategy. Confluences for the short: -38% fibo -Key Level -Trendline break and retest Entry is now Stop loss is set around 69.64, any higher and the idea is inactive as Oil should begin to push higher after breaking the nearest resistance. Targeting the next support and resistance at the lows created in September. *Remember this is not financial advice I post on here more to give an idea of trading and how I look at the market. Never the less, trade safe and catch you later traders ▲
ICMARKETS:XTIUSDShort
by FalkenFx
Bitcoin Dominance Update: BTC.D is about to surge to %68Bitcoin dominance has broken the main long-term resistance on the weekly and monthly charts, making it very bullish and likely to reach new highs. In this case, we expect Bitcoin to dominate the crypto market and surpass altcoins in gains. After reaching the target of 67%, we can anticipate the alt-season to start, marking the time for altcoins to make moves. I'm not sure if we’ll have an alt-season like before, but some altcoins are likely to experience good returns. DYOR
CRYPTOCAP:BTC.D
by farhadnmd
Market is Holding above the Support , All Eyes on BuyingHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
1
EURJPY → Buyer pressure is mounting. Pre-breakout consolidationFX:EURJPY is forming quite an interesting situation on the background of inaction of the Japanese Central Bank (weakening of JPY exchange rate) as well as strengthening of EUR. The currency pair has been in the realization phase for more than a week. Based on the general assumptions, we can assume that this is not the end and the growth may continue. An ascending triangle is being formed on H1 (pre-breakout consolidation) against the resistance at 166.065. Accordingly, this level is a trigger. Within the general technical and fundamental environment, we can conclude that the currency pair is preparing for the continuation of growth. If the bulls are able to overcome 166.06 and keep the defense above this zone, we should expect the continuation of the growth in the short and medium term. Resistance levels: 166.06, 166 Support levels: 165.68, 165.14, 164.95 The trend is bullish, buyers are actively defending the trend support. All market pressure is focused on the resistance. A break of the level may provoke a strong upward impulse Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURJPY ;) Regards R. Linda!
Long
by RLinda
4
$TOTAL Market Cap 259 Day BREAKOUT!At last, the Crypto CRYPTOCAP:TOTAL Market Cap has a BREAKOUT from the 259 Day trend! This was the lagging chart I was watching to confirm the next leg up in the bull market. The 20DMA has also crossed the 200DMA for the first time in 12 months. This is a SUPER bullish signal, as you can see what occurred last time in October 2023. With less than 1 week away until Donald Trump is declared President of the United States, and the FOMC announcing another round of rate cuts the following day, we can expect a lot of volatility in the market. The 20DMA should act as a good support on the way up. The final signal will be when the Fed announces they will stop selling securities from their balance sheet. This will signal a new round of quantitative easing, and complete risk-on. Tick-tock MFers. Position accordingly!
CRYPTOCAP:TOTALLong
by jonnieking
4