Trend Lines
New Vertical LiftoffClean breakout of this wedge (yellow) provides a technical bullish direction back to the teens, most optimistic targets puts this on track to $17.
Monthly CCI swinging back up as well which also provides confirmation of the breakout.
Look to see volume pickup to add more, earnings in a little over a month.
Resolute Mining Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Resolute Mining Stock Quote
- Double Formation
* A+ Set Up)) | 0.900 AUD
* 1st Retracement | 0.786 Area | Short Set Up | Subdivision 1
- Triple Formation
* Trendline 1&2 | Triangle Structure | Subdivision 2
* 2nd Retracement | 1 Area | Neutral Bias | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Advocate continuing to short goldIf you have been following my trading strategy, you should be aware that I have already initiated short positions around the 2900 level. Currently, gold is trading near 2910.
After reaching the 2905 level, gold unexpectedly failed to produce a meaningful pullback and instead extended its rally beyond 2910. However, the bullish momentum is gradually losing steam, and gold is approaching short-term trendline resistance. I anticipate that once gold tests this resistance level, a retracement toward the 2880 region, or even as low as 2860, remains a strong possibility.
On the other hand, despite gold’s strong uptrend, we must remain cautious about macroeconomic factors. If the Trump administration continues to advocate for a strong U.S. dollar policy, potential intervention in the gold market cannot be ruled out, which could pressure gold prices.
From a short-term trading perspective, I do not recommend chasing longs at this level. I am still holding my short positions initiated around 2900 and have just added to my short exposure above 2910, anticipating a corrective pullback as projected.
Bros, have you followed me to short gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
NIFTY seems to be retesting its BREAKOUT structure !As we can see despite the favourable result of winning the centre by ruling party, NIFTY failed to show its strength and fell unidirectionally as analysed in our previous post that if manages to remain below the trendline, we should be cautious. Now NIFTY can be seen re-testing the breakout structure and hence possible bullishness can be witnessed which could be short term unless it break sways the structure for change of characteristic and structure of overall market so plan your trades accordingly and keep watching.
Teladoc Health | TDOC | Long at $9.91Teladoc Health NYSE:TDOC - Initial position started at $9.91 with the potential for the price gap in the $7's to be closed in the near future (likely another entry there unless fundamentals change)
Pros:
User base of over 90 million and growing
Revenue grew from $555 million in 2019 to $2.6 billion through Q3 of 2024
Positive free cash flow since 2021
Low debt (debt to equity ratio around 1x)
AI integration and partnership with Amazon and Brightline
Historical simply moving average is approaching price, which often leads to a jump or change in downward momentum in the longer-term
Cons:
Currently unprofitable and not forecast to become profitable over the next 3 years
Lots of insider selling and exercising of options
No dividend
Daily price gap in the $7 dollar range which may close prior to move up
Targets through 2027 :
$14.20
$20.00
$27.00
$35.00
$55.00 (long-term, positive outlook)
US Big Tech (FAANG) Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
US Big Tech (FAANG) Quote
- Double Formation
* (Open Trade)) | Completed Survey | Inverted Pattern Confirmation
* ABC Flat | Continuation Area | Subdivision 1
- Triple Formation
* Numbered Retracement | Uptrend Bias & Entry Settings | Subdivision 2
* Trendline 1, 2 & 3 | Support & Resistance | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
LTCUSD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 89.65, resumption of uptrend is expected.
We make sure when the resistance at 147.05 breaks.
If the support at 89.65 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades, if the Midterm level 89.65 is broken.
Technical analysis:
A trough is formed in daily chart at 80.05 on 02/03/2025, so more gains to resistance(s) 117.47, 125.06, 133.99 and maximum to Major Resistance (147.05) is expected.
Take Profits:
117.47
125.06
133.99
147.05
167.24
189.79
232.63
281.63
334.75
388.93
413.50
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GBPJPY: Bearish Continuation Ahead 🇬🇧🇯🇵
GBPJPY will most likely continue trading in a bearish trend
after a confirmed bearish breakout of a key horizontal support.
The broken structure and a falling trend line compose
the contracting supply zone now.
Chances are high that a bearish movement will follow from that.
Next goal - 186.0
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USNAS100: Bearish Pressure Below 21,635 Amid Market VolatilityFutures Climb as Markets Dismiss Trump's Tariff Threat; Steelmakers Rally
USNAS100 Technical Analysis
The price declined following the latest tariff announcement and has stabilized below the pivot level at 21,635, indicating a potential move toward 21,535. Given the market's high volatility, a 1-hour candle closing above 21,635 could lead to a temporary rise toward 21,760, followed by another decline.
Key Levels
Pivot Point: 21635
Resistance Levels: 21730, 21870, 22050
Support Levels: 21535, 21390, 21215
SPX/Escalating Trade Tensions: New Tariffs on Steel and AluminumEscalating Trade Tensions: New Tariffs on Steel and Aluminum
The week began with yet another significant announcement, as President Trump, during a media briefing aboard Air Force One, declared a 25% tariff on steel and aluminum imports into the United States. He further indicated that additional reciprocal tariffs could be expected on Tuesday or Wednesday.
S&P 500 Technical Analysis
The price maintains bearish momentum, having already stabilized within a bearish zone. As long as it trades below 6,051, the market will continue its downward movement toward 6,020. A 4-hour candle closing below 6,020 would confirm a further decline toward 5,970.
However, if the price stabilizes above 6,059, it may advance toward 6,085. To establish a confirmed uptrend, the price must hold above 6,103.
Key Levels:
Pivot Point: 6051
Resistance Levels: 6079, 6103, 6143
Support Levels: 6020, 5969, 5937
Trend Outlook:
Bearish scenario: While below 6051, targeting 6020 – 5,970
Bullish scenario: Confirmation above 6059, targeting 6085 – 6103
GOLD 4H TECHNICAL ANALYSIS GOLD ATH / READ CAPTION CAREFULLY Dear Traders,
Please find our updated analysis of the 4H Chart (5th February):
Key Observations:
Orange Circles: Highlight previously achieved targets, showcasing the precision and effectiveness of our analysis.
Previous Chart Review:
TP1 (2788): Successfully hit.
TP2 (2815): Successfully hit.
TP3 (2841): Successfully hit.
Market Overview:
* TP1 (2850) Successfully Achieved
* GOLD is trading at an ATH of 2851, oscillating between the weighted level with a gap above 2850 and a gap below the 2823 Entry Level.
* EMA5 and FVG are offering strong support in this range.
* Price action will test these levels side-by-side until a decisive break and lock above/below the weighted levels confirm the next directional move.
Resistance Levels:
2850, 2876, 2903
Key Support: 2776
Support Levels (GOLDTURN Levels):
2828 (Critical Weighted Level)
2803 (Critical Weighted Level)
2776 (Major Support Level)
2747 (Lower Major Demand Zone)
EMA5 (Red Line):
* Currently below TP1 (2850), indicating sustained bullish momentum.
* EMA5’s behavior will be pivotal in determining the next price action trajectory.
Recommendations
* Focus on EMA5 Behavior:
Bearish Case:
* If EMA5 holds below TP1 (2850) and resistance levels remain intact, bearish momentum may drive prices to retest GOLDTURN weighted levels.
* Scenario 1: If EMA5 crosses and locks below Entry 2823, expect further bearish movement toward GOLDTURN 2803.
* Scenario 2: If EMA5 crosses and locks below GOLDTURN 2803, anticipate another decline toward the major support at GOLDTURN 2776.
Bullish Case:
Scenario 1: If EMA5 crosses and locks above TP1 (2850), the next bullish target is 2876.
Scenario 2: If EMA5 crosses and locks above TP2 (2876), the subsequent bullish target will be 2903.
Scenario 3: A crossover and lock above TP3 (2903) will set the stage for the next target at 2925.
Short-Term:
Utilize 1H and 4H timeframes to capture pullbacks at GOLDTURN levels.
Target 30–40 pips per trade, focusing on shorter positions in this range-bound market.
Each Level allows 30 -40 pips bounce, buy at dip level for proper risk management
Long-Term Outlook:
* Maintain a bullish bias, viewing pullbacks as buying opportunities.
* Buying dips from key levels ensures better risk management, avoiding the pitfalls of chasing tops.
Final Thoughts:
Trade with confidence and discipline. Our detailed and accurate analysis equips you to navigate market movements effectively. Stay tuned for daily updates and multi-timeframe insights to stay ahead in the game.
Please support us by likes, comments, boosts and following our channel
Best regards,
📉💰 The Quantum Trading Mastery
GOLD → The northbound train continues to make its way to 3KFX:XAUUSD continues its aggressive rally. The reasons for growth are the same as before - high economic risks. The price is getting closer and closer to the cherished goal of $3000.
Gold exceeded $2,850 at the beginning of the week in the U.S., but its growth is limited by the strengthening of the dollar due to increased trade risks.Trump announced new 25% tariffs on imports of steel and aluminum.
Gold is further supported by rising PBOC reserves and expectations of stimulus from China. However, the dollar may continue to strengthen ahead of US inflation data, limiting gold gains. Expectations of a dovish Fed and trade risks will help contain gold's decline.
Technically, the next two levels are important for us: the psychological level of 2900 and the key support of 2882.
Resistance levels: 2900 (not confirmed)
Support levels: 2882, 2870, 2855
The bulls can consolidate above 2900 without a pullback and continue the rally, but the most likely scenario is a false break of 2900, correction to 2882 to accumulate liquidity before continuing the rally northward
Regards R. Linda!