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Gold (XAU/USD) Market OutlookGold (XAU/USD) Market Outlook #### **Current Overview** - **Current Price:** $3,092 - **Key Support Zone:** $3,087 - $3,083 - **Major Resistance Zone:** $3,095 - $3,100 - **Trend Direction:** Uptrend remains intact with price staying above key moving averages. --- ### **📊 Bullish Outlook** - If the price **pushes past the $3,100 resistance**, we could see further gains targeting **$3,110 - $3,120**. - The **upward trendline and moving average support** indicate that buyers are still dominating the market. - A confirmed breakout above resistance could trigger additional buying momentum. --- ### **📉 Bearish Outlook** - If the price **fails to clear $3,100**, a retracement towards **$3,087 - $3,083** support may occur. - A **drop below this level** could extend losses toward **$3,076 and potentially $3,065**. - Increased selling pressure at resistance might lead to a short-term decline. --- ### **Final Thoughts** - **Above $3,095:** Expect bullish continuation and new highs. - **Below $3,087:** A pullback could develop before the next move. Traders should monitor price behavior around these key areas to confirm the next direction. 🚀📉
FOREXCOM:XAUUSDLong
by TradingStar090
GOLD → Correction after a false breakout. A reversal?FX:XAUUSD is forming a false break of the channel resistance within the rally, we should wait for a correction, but not for a trend reversal. Let's see what we can expect from the price in the short and medium term. Gold is reacting to market turmoil over Trump's tariff plans. Investors are looking for protection ahead of the possible imposition of new duties from April 2, boosting demand for the metal Fears of a trade war and a slowing global economy are supporting gold despite positive US GDP data. PCE data and tariff updates will be key catalysts for further movement. Higher inflation could dampen the rally, while weak data will reinforce bets on a Fed rate cut, helping gold to rally further. The energy to continue the move is gone, so I am waiting for a correction to the imbalance zone or to 0.7 Fibo to accumulate potential. The price may consolidate in the zone of 3050 - 3075 before it continues its growth Resistance levels: 3075, 3085, 3095 Support levels: 3059, 3055 The correction after a strong rally can be quite deep. The imbalance zone 3066 - 3063 and liquidity zone 3057 play an important role. False breakdown of support may resume growth. Regards R. Linda!
FX:XAUUSDLong
by RLinda
17
XAUUSD Breaking Records: Bull & Bear Setups for the New Month 🔥 Attention all traders!🔥 XAUUSD is on fire, breaking records with power! Here’s the latest update: 🔻 Bearish Outlook: Watch for a potential dip below the 3076-3078 range. If it falls, targets like 3050 and 3030 could be in play. Keep an eye on these support zones! 👀 🔺 Bullish Outlook: A breakout above this range could open up buying opportunities! Look for price action above 3084 with targets at 3097 and 3110. 🚀 New Month Open Candle: As we step into a new month, keep a close watch on the market open candle 📅. This could set the tone for the next move! 💡 Risk Management** is key! Always trade smart and protect your capital! 💰 Join the discussion and share your thoughts! Let's ride this golden wave together! 🌟
OANDA:XAUUSD
by ANNA_EXPERT
1
EURUSD InsightHello, subscribers! Please share your personal opinions in the comments. Don't forget to like and subscribe! Key Points - France's preliminary CPI for March rose 0.8% YoY, falling short of the market expectation of 0.9%, while Spain's CPI increased 2.3% YoY, below the expected 2.7%, boosting expectations for an ECB rate cut. - The U.S. Core PCE Price Index for February rose 0.4% MoM, exceeding the market forecast of 0.3%, and increased 2.8% YoY, surpassing the expected 2.7%. - Concerns over stagflation, where inflation and economic stagnation occur simultaneously, have intensified. Additionally, the University of Michigan's final Consumer Sentiment Index for March recorded 57.0, the lowest since November 2022. - The reciprocal tariffs announced by President Trump are set to take effect on April 2. Key Economic Events This Week + March 31: Germany's March CPI + April 1: RBA interest rate decision, Eurozone March CPI + April 2: U.S. March ADP Nonfarm Employment Change + April 4: U.S. March Nonfarm Payrolls, U.S. March Unemployment Rate, Fed Chair Powell's speech EURUSD Chart Analysis The pair recently found support around the 1.07500 level and has slightly rebounded. Currently, it is forming around the 1.08500 level, and if no major variables arise, it is expected to rise toward 1.09500 in the short term. In the mid-to-long term, the 1.11000 level remains open as a potential high, but for now, we will focus on whether 1.09500 is breached. However, if unexpected variables cause the 1.07500 level to break, we will swiftly adjust our strategy.
Long
by shawntime_academy
XAU/USD Chart Analysis (GOLD)XAU/USD Chart Analysis 1️⃣ Current Price Action: - Gold (XAU/USD) is trading around **$3,073.42**. - The price is consolidating after a strong upward move. 2️⃣ Key Indicators: - **EMA (7) at $3,073.27** (short-term trend) - **EMA (21) at $3,069.34** (medium-term trend) - **EMA (50) at $3,061.97** (long-term trend) - Price is currently above all three EMAs, indicating a bullish trend. 3️⃣ Potential Scenarios: 📈 **Bullish Case (Green Path)**: - If the price holds above **$3,065–$3,073**, a rally towards **$3,080–$3,100** is likely. - Buyers may step in at the trendline support. 📉 **Bearish Case (Red Path)**: - If the price breaks below **$3,065**, a move towards **$3,050–$3,040** could occur. - Increased selling pressure could push gold lower, especially if key support zones fail. 4️⃣ Trading Strategy: - **Buy on dips** near **$3,065–$3,073** with targets at **$3,080–$3,100**. - **Sell below** **$3,065** if confirmed, targeting **$3,050–$3,040**. - Watch **volume and price action** for confirmation of direction. 🚀 **Final Thought:** Bulls are in control, but a break below $3,065 may shift momentum to the bears.
OANDA:XAUUSD
by TradingStar090
Gold (XAU/USD) Trading Strategy Gold (XAU/USD) Trading Strategy **📈 Bullish Strategy (Long Trade)** **Entry:** - Look for a **bounce** from the **$3,071 - $3,072 support zone** or **$3,063 S2 support level**. - Confirmation signals: - A **bullish candlestick pattern** (e.g., engulfing or pin bar) near support. - Price holds above **7 EMA ($3,071)** and **21 EMA ($3,063)**. **Stop-Loss (SL):** - Below the **S2 support zone at $3,060** (to avoid fake breakouts). **Take-Profit (TP) Levels:** 1. **First Target:** $3,080 (recent high) 2. **Second Target:** $3,090 3. **Extended Target:** $3,100+ if momentum continues **Risk-Reward Ratio:** - Aim for a **1:2 or 1:3** ratio, risking 10-15 points for 20-30 points profit. --- **📉 Bearish Strategy (Short Trade)** **Entry:** - If gold **breaks below $3,063 (S2)** with strong bearish momentum and volume. - Confirmation signals: - A **break and retest** of $3,063 as new resistance. - Price trading below **50 EMA ($3,052)**. **Stop-Loss (SL):** - Above the $3,072 level (previous support turned resistance). **Take-Profit (TP) Levels:** 1. **First Target:** $3,052 (50 EMA) 2. **Second Target:** $3,040 3. **Extended Target:** $3,020 (key psychological level) **Risk-Reward Ratio:** - Ensure at least a **1:2 ratio**, risking 10-15 points for 20-30 points profit. Additional Trading Tips - **Wait for confirmation**: Don't enter trades too early—wait for candlestick confirmation at key levels. - **Watch volume:** Higher volume increases trade reliability. - **Monitor news & fundamentals:** Major US economic data and Fed speeches can impact gold prices. - **Adjust SL & TP dynamically**: Use trailing stops if the trade moves in your favor.
OANDA:XAUUSDLong
by elitetrader9090
Technical Analysis of BIST100 Index: Examining Trends and PriceIn this technical analysis, we have examined the Istanbul Stock Exchange Index (BIST100) with a special focus on trend lines and price channels. By precisely drawing trend lines, price channels, and linear patterns, key support and resistance levels have been identified. This analysis, using a simple approach without complex tools, provides investors with a clear perspective on the potential future movement of the BIST100 index in the near future.
BIST:XU100
by yasharhabibzadehnamin
BTC- Weekly Analysis: Elliott Wave ProjectionThis analysis applies Elliott Wave Theory using ghost candles to project potential future price movement for BTC/USDT Perpetual on Pionex. Wave Structure: Completed (W)-(X)-(Y) correction followed by a speculative (A)-(B)-(C) correction using ghost candles. Key Levels: Support at $110,791.5 (trendline), Resistance at $140,454.5. Volume Confirmation: Low volume (154.4K) confirms the projected wave is speculative. Forecast: If price respects the trendline, the next impulse wave could reach $140,454.5. A breakdown could target $73,238.2.
Long
by ictc3d
17
JPY/GBP - Potential Reversal SetupHey traders! Today we’re diving into a high-probability setup on the JPY/GBP pair with up to 22% upside on the monthly chart. I’ll cover the technicals, fundamentals, and exactly how to trade it. 📉 Chart pattern Looking at the chart, we’ve got a textbook falling channel stretching back from mid-2020. This descending structure has been consistent, but right now, we’re testing the upper boundary - and that could signal a trend reversal is coming. Momentum indicators back it up too. The RSI is rising off oversold levels, sitting around 41. And check out the MACD: bearish momentum is fading. Classic setup for a bullish breakout. 📌 Trade setup Wait for a monthly close above the upper channel , ideally between 0.00530 to 0.00535. That’s your breakout confirmation. You can place a buy stop just above the breakout zone. Set your stop-loss below the recent swing low - about 0.00490 - to protect against false moves. Now for the profit targets : * First target: 0.00580, that’s 12% above current levels. * Second target: 0.00630, that's 22% upside potential. That gives you a potential risk-reward ratio of up to 1:4 - solid. 🌐 Fundamentals On the macro side, this setup makes even more sense. Japan is finally stepping away from ultra-loose monetary policy, possibly hiking rates. Meanwhile, the UK looks set to pause or even cut rates in 2025. That shift could give the Yen the edge over the Pound, driving this move higher. 🛎️ Now, smash that like button if you found this helpful, and subscribe for more trade ideas.
Long
by TradingPrompts
Whitbread 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 # Whitbread Stock Quote - Double Formation * 012345 Wave Set Up / Long | ((No Trade)) * 012345 Wave Set Up / Short | Subdivision 1 - Triple Formation * (Continuation Argument)) | Short Set Up | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 88.00 GBP * Entry At 83.00 GBP * Take Profit At 70.00 GBP * (Downtrend Argument)) & No Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
PEPPERSTONE:WTB.GBShort
by TradePolitics
Skeptic | EURCHF: Trend Strength or Weakness? Trade SetupsWelcome back, guys! 👋I'm Skeptic. Today, I’m bringing you a multi-time frame analysis of EURCHF , including both long and short triggers, along with a few educational tips. Let's dive in! --- 🕰️ Daily Time Frame Analysis: After a solid accumulation phase and breaking above resistance, we've successfully shifted the trend to uptrend . Given the major trend direction, it's better to focus on long positions . --- ⏳ 4-Hour Time Frame Analysis: Following the uptrend, we've formed a bullish ascending triangle, indicating a potential continuation. You might think that the RSI downtrend signals trend weakness, but here’s the key point: - Lack of follow-through on the downside shows trend strengt h. If it was genuine weakness, we’d have seen a sharp downward move already. This makes the bias towards long positions stronger . --- 🚀 Long Setup: After breaking the resistance at 0.9649 7, we can consider a long position. A breakout of the RSI trendline to the upside would be an extra confirmation. 📉 Short Setup: To go short, we first need a breakdown from the ascending triangle, followed by a break below the key support at 0.95726. --- 🎯 Target Setting: You can use the height of the triangle or your own support/resistance levels to set targets. I’m not here to tell you where to place your stop loss or take profit since that heavily depends on your strategy, stop size, and R/R ratio. --- 💬 Final Thoughts: I always provide the key levels and setups, but it's up to you to adapt them to your own strategy. Thanks for sticking around until the end of this analysis. See you on the next one!💪🔥
by SkepticWise
5
GBPNZD is in Selling DirectionHello Traders In This Chart GBPNZD 4 HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes GBPNZD market update) 🟢What is The Next Opportunity on GBPNZD 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
NZDCAD is in the Selling Direction after Breaking SupportHello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today NZDCAD analysis 👆 🟢This Chart includes_ (NZDCAD market update) 🟢What is The Next Opportunity on NZDCAD 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
NZDCHF is in the Bearish Side Hello Traders In This Chart NZDCHF HOURLY Forex Forecast By FOREX PLANET today NZDCHF analysis 👆 🟢This Chart includes_ (NZDCHF market update) 🟢What is The Next Opportunity on NZDCHF 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 Chart
Long
by ForexMasters2000
GBPCAD will Fly , All Confirmations are in the Bullish Side Hello Traders In This Chart GBPCAD HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD 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 Chart
Long
by ForexMasters2000