GOLD - After correct to support line, price can bounce to $2930Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price started to grow inside upward wedge, and soon reached $2855 level and broke it, after which made retest.
Then Gold some time traded near this level, corrected to support area and then continued to move up.
Later it reached resistance line of wedge, before making a gap, after which price turned around and dropped.
Price almost fell to support line of wedge and then bounced up to resistance area, after which quickly fell back.
Next, price in a short time rose to resistance line of wedge, breaking $2930 level, but then started to decline.
In my opinion, after a breakout of $2930 level, Gold can bounce up to $2970 from support line and exit from wa edge.
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Trend Lines
WLD (Worldcoin); my notes for long-termFor now, the charts and formations don't mean much. I think it will move in line with these coins, along with Ethereum and Optimism movements and the artificial intelligence category. Since these categories have been weak for a long time, WLD is also weak. There is not much to comment on.
The levels of 2.8 and 7.8 are very important. In daily closings above 2.8, $7.8 and above can be tried. Long-term targets are $18 - $24 in a positive scenario. I have indicated the trend lines and levels in the chart for the negative scenario, I am following them.
This is not investment advice.
US DOLLAR INDEX (DXY): Intraday Bearish Signal ConfirmedThe Dollar Index is expected to extend its downward trend after a strong bearish rally.
This outlook is reinforced by the breakout below the support line of a bearish flag pattern, following a retest of a key resistance level.
The price is projected to approach the 106.63 level soon.
XAUUSD (Gold Spot); my notes for long termI expect it to peak and rise until the summer and fall (q4) this year. I expect it to rise with a similar movement as the one I drew on the chart, then enter the trend channel again and make declines or corrections in the following years with the ABC movement. If it does not re-enter the trend in the breaks above the trend or does not break the trend channel by rising, the drawings will be invalid. Resistance and support fib levels are important; I follow them. In short, I expect gold to rise for the next few years.
not investment advice
GOLD(XAUUSD): New ATH & Bullish ContinuationGold is currently trading in a strong bullish uptrend.
Following a new high, the market has started to consolidate within a narrow parallel channel on a 4-hour timeframe.
Breaking through the resistance the range indicates a continuation of the upward movement.
I anticipate growth up to 0.8693.
Solana (SOL) at a Crossroad: Breakout or Breakdown? Solana (SOL/USD) Technical Analysis
📊 Market Structure:
Solana has tested the support zone around $169 - $157 and is attempting a recovery. The price is currently trading around $174.00, showing signs of a possible pullback before confirming direction.
🔹 Bullish Scenario:
If SOL holds above $169, we could see a bounce toward the resistance zone at $192 - $202. Breaking and stabilizing above $202 could open the path for a move toward $221 and beyond.
🔻 Bearish Scenario:
If SOL fails to hold above $169, a drop toward $157 is likely. A confirmed breakdown below $157 would indicate further weakness, potentially pushing the price toward $121 (major support level).
📌 Key Levels to Watch:
Pivot Line: $169
Resistance Levels: $192, $202, $221
Support Levels: $157, $145, $121
💬 Is Solana setting up for a major bounce, or will it break down further? Drop your thoughts! 👇🔥
XAUUSD Poised for a Bullish Surge to 3010In my latest analysis of the XAUUSD chart, I forecast an uptrend that will drive prices to reach the 3010 mark. Key indicators show bullish momentum, supported by recent market trends and historical data. Traders should keep an eye on critical support and resistance levels to capitalize on this potential upswing. Dive into the details and get ready to ride the wave of gold's bullish journey!
US DOLLAR INDEX(DXY): Intraday Bearish ConfirmationThe Dollar Index is likely to continue its downward trend following a significant bearish rally.
This is supported by the breakout of a support line of a bearish flag pattern after testing a critical resistance level.
It is anticipated that the price will soon reach a level around 106.63.
What I see using simple trend linesOn the daily time frame bitcoin is still in the consolidation range.
The 10 21 and 50 moving averages are way above the 200. I'd like to see all four bunched tightly together before considering a long or short. If price action continues as it has then this could happen towards the end of March.
On the 4hr time frame bitcoin has broken out of my descending channel and retested it but I don't think it can be sustained. It could be positive to see two daily candles close outside of this descending channel. But this could delay the next major rally beyond March.
The 10 21 and 50 moving averages are way below the 200. Bitcoin needs to be heading to 100,000 for those moving averages to cross the 200. If bitcoin can reach 100,000 soon then this is potentially bullish.
On the 45min time frame bitcoin remains in the other descending channel.
If the 50 crosses the 200 then this is potentially bullish in the short term. But the 10, 21 and 50 moving averages have crossed the 200 a few times lately with no significant rally.
My conclusion is bitcoin is going to remain in this range for several weeks. Price may tumble to 88,000 but it's nothing to be worried about. If price goes above 101,000 too soon I'd be cautious that it's a bull trap, while any price action below 88,000 could be a bear trap. I would expect the latter to happen just before the market is primed to rally to a new ATH, and the former will trick retail into thinking the bulls have taken control. It's a time for patience and having faith in your strategy.
GOLD → Updated to the max. Growth may continueFX:XAUUSD updates its high to 2955, entering a clear zone where nothing prevents the price from continuing its rise. Economic risks and the dollar correction are still supporting the price of the metal
Investors are seeking refuge in gold amid Trump's threats to impose another tariffs as early as next month.
Markets remain under pressure due to a lack of support from China and tensions between the US and EU over peace talks with Russia without Ukraine.
Although the Fed meeting minutes have gone unreported, investors remain focused on tariff negotiations, expecting gold prices to rise further amid market uncertainty
Technically, the strong bullish trend and rally continues. Focus on key levels and local range 2955 - 2946
Resistance levels: 2955
Support levels: 2946, 2938
The price is pinned at 2955, the next trigger, the breakdown of which will provoke the continuation of growth. But before that the gold may test the support zone 2946 - 2938. The growth may continue after a false breakdown of support.
Regards R. Linda!
GOLD Approaching New Highs | Will It Hit $3000 Soon?GOLD Analysis | February 20, 2025
Gold continues its strong uptrend, pushing above the ATH and confirming its bullish momentum as we mentioned before. The price is currently trading around 2951, holding above the pivot line of 2935, indicating stability within the breakout structure.
Bullish Scenario:
As long as 2935 holds as support, the price is expected to continue its movement toward the resistance zone of 2956 - 2975.
A strong breakout above 2975 could signal further bullish momentum, with the next key target around 3000.
Bearish Scenario:
A rejection from the ATH could lead to a retest of 2935 and 2918.
If a 4H candle closes below 2918, this may trigger a correction toward 2873 before any potential rebound.
📌 Key Levels:
🔹 Pivot Point: 2956
🔹 Resistance Levels: 2975, 2985, 3000
🔹 Support Levels: 2935, 2918, 2873
💬 Will Gold sustain its momentum and reach new highs, or is a correction coming? Drop your thoughts below! 👇🔥
NASDAQ 100 Holds Above 22,100 – Ready for 22,292 Breakout? NASDAQ 100 (USNAS100) Technical Analysis – February 20, 2025
NASDAQ continues its bullish momentum, holding above the Pivot line and confirming strength in the uptrend. The price is now retesting key levels before its next move.
Technical Outlook
Bullish Scenario: As long as 22100 and 21970 hold support, the price will continue to increase toward 22,292 and 22,412. A breakout above 22,412 could extend the rally further.
Bearish Scenario: If the price breaks below 22100, it could trigger a short-term correction toward 21970 and 21900 before attempting another push higher.
Key Levels to Watch
🔹 Pivot Zone: 22100
🔹 Resistance Levels: 22200, 22292, 22412
🔹 Support Levels: 21970, 21900, 21807
📈 Directional Bias: The market is expected to test 22292, and as long as 22100 holds, the bullish momentum remains intact. A break below 22100 could lead to a short-term retracement.
💬 Will NAS100 hold above 22100 for a breakout, or is a correction coming? Drop your thoughts! 👇🔥
WTI - Will oil return to the upward trajectory?!WTI oil is located between EMA200 and EMA50 on the 4-hour timeframe and is moving in its medium-term descending channel. In case of a downward correction towards the support area, the next opportunity to buy oil with a reward at a reasonable risk will be provided to us. A valid break of the drawn downtrend line will pave the way for oil to reach the drawn areas.
Goldman Sachs has stated that even if hostilities in Ukraine cease and sanctions are eased, Russia’s oil exports are unlikely to see a significant increase. The bank believes that Russia’s crude oil production will remain capped at 9 million barrels per day, not primarily due to sanctions, but rather because of the country’s commitments under the OPEC+ agreement.
OPEC+, which is responsible for nearly half of the world’s oil production, has decided to delay its planned production increase, which was originally scheduled between April and July. Meanwhile, Trump has announced that additional negotiations with Russia are set to take place in an effort to bring an end to the war in Ukraine—an event that could impact the outlook of global energy markets.
Russia remains one of the key oil suppliers worldwide and plays a significant role in price fluctuations. Goldman Sachs predicts that the price of Brent crude will rise to $79 per barrel by the end of this month, while it is currently trading at around $76 per barrel.
Ukrainian President Volodymyr Zelensky stated that the United States has, in some ways, helped Vladimir Putin break out of his isolation. He emphasized that Trump’s team must gain a better understanding of Ukraine’s actual situation and made it clear that he has no intention of “selling” his country. Zelensky also highlighted the strength and resilience of the Ukrainian military and added that Trump’s envoy should ask ordinary Ukrainians how they perceive him following his recent statements.
Meanwhile, Vladimir Putin announced that the rapid reconstruction of the Caspian Pipeline is not feasible. He explained that Western-made equipment used in the Caspian Pipeline Consortium has sustained severe damage due to recent attacks.
Putin emphasized that the restoration of this pipeline would not be completed swiftly, as critical components rely on Western technology and have been significantly impaired.
The pipeline, which transports Kazakh oil to global markets, has experienced a 30-40% reduction in oil flow following a drone attack on one of its pumping stations in southern Russia. This reduction equates to approximately 380,000 barrels per day (bpd). This development was not entirely unexpected, as Russian Deputy Prime Minister Alexander Novak had previously stated that repairs to the pipeline could take several months.
GOLD → ATH Retest. High chance of breakout and growth to $3KFX:XAUUSD has again approached ATH 2938 - 2942. This yours increases the chance of resistance breakout and further growth. We are getting closer and closer to $3000
The market maintains recent gains as it awaits the release of minutes from the January Fed meeting and news of Trump's tariff plans. The US President threatened to impose duties on pharmaceuticals and chips, and confirmed the imposition of tariffs on automobiles from April 2, which strengthened demand for defensive assets.
The lack of progress in peace talks between the US and Russia has also supported gold prices. However, traders are cautious ahead of the release of Fed minutes, which could cool expectations of rate cuts this year.
Technically, all eyes are on the conglomerate resistance at 2938 - 2942. A breakdown and consolidation of the price above this area will provoke further growth
Resistance levels: 2938, 2942
Support levels: 2924, 2915
Gold is in local pre-breakdown consolidation 2938 - 2924. Emphasis on these boundaries. Breakout and consolidation of the price above the resistance can provoke continuation of growth. But, before the growth the price may test the nearest support.
Regards R. Linda!
EURJPY → Consolidation before further declineEURJPY is forming a downtrend. The price is bouncing off the channel resistance and has approached strong support, the breakout of which may trigger further decline
Global EURJPY is in a neutral trend, but locally, due to economic nuances, the euro is weakening against the Japanese yen
There are two key zones on the chart - resistance at 159.112 against which a false breakdown can be formed before the price continues its decline. And support at 158.45 - support of the pre-breakdown consolidation and at the same time a strong level, the break of which will open the way to 156.29.
Resistance levels: 159.11, 160.16, 160.9
Support levels: 156.29
Technically, the situation is weak and hints that in the short term the bears could overcome the key support, which could trigger a bearish momentum
Regards R. Linda!
Gold Analysis GOLD Analysis and Trade Setup
Gold is currently testing a historically significant resistance level that has repeatedly acted as a barrier to price advancement. Given the strength of this resistance zone, it is reasonable to anticipate a potential rejection or pullback. Historically, such levels often prompt a reversal, particularly after a retest of the structure, which could further confirm the resistance's validity. The likelihood of a rejection at this level is supported by the principles of technical analysis, as repeated tests of a resistance level tend to reinforce its significance. In summary, while the current setup suggests a potential pullback from the resistance level, traders should remain cautious and monitor key technical and fundamental factors.