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Uptrend

XAU/USD | GOLDSPOT | New perspective | follow-up detailsGold takes a step back in the wake of sizzling US inflation data and the Federal Reserve's cautious approach towards policy easing. The anticipation of the US Federal Reserve's easing cycle gets a reality check as robust US economic data pushes back the much-awaited commencement. Fed Chair Jerome Powell's call for patience aligns with the hotter-than-expected inflation numbers, reinforcing the need to adhere to the current monetary policy stance until inflation trends signal otherwise. Currently, the Federal Open Market Committee (FOMC) awaits greater confidence in inflation's return to the 2% target before contemplating rate cuts; with market projections hinting at potential cuts kicking in from the latter half of 2024. The shift in market sentiment from earlier expectations could put a lid on the price surge in the coming weeks. In this video, we delve into our strategic positioning amidst these market dynamics, offering insights into how we intend to navigate the impending moves in the Gold market. XAUUSD Technical Overview: In this video, we conducted a comprehensive analysis of the XAUUSD chart, utilizing both technical and fundamental perspectives. Our examination included an in-depth study of key levels, historical price movements, market behaviours, and the interplay between buyers and sellers, aiming to unveil potential trading opportunities. Our focal point for the week is the $2,155 zone, endowed with historical significance, rendering it a pivotal level. The sustainability of bullish momentum above this zone could pave the way for continued buying pressure, potentially propelling prices to new highs. Conversely, the appearance of a reversal pattern or a breach below the $2,155 level, coupled with persistent selling pressure, might signal a resurgence of bearish sentiment. #GoldMarket #SafeHavenAssets 📺🔔💼 Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
Apecoin UPTREND coming soon..Apecoin have been in a downtrend 7 months now. You can see clearly BULLISH signs. 1. Bullish divergence (which indicate bears are getting tired and weaker which indicate reversal coming), 2. On-chain data shows that WHALES are BUYING HEAVYILY since June/july/august. 3. Apecoin already 95% down from ATH (most altcoins pump when they reach 95/96%). it's time for UPTREND after 7 months of downtrend.. BUT, PAY ATTENTION: be PREPARED that apecoin may still go lower even to 1 dollar. but i will ADD UP to my long position. the probability of UPTREND are MUGH HIGHER now than further downtrend. BINANCE:APEUSDT KUCOIN:APEUSDT COINBASE:APEUSD BITSTAMP:APEUSD COINBASE:APEUSDT KRAKEN:APEUSDT
Long
by realmadrid2015b15
A rapid BTC and SOL uptrend worries me for my behaviour.For me as a swing trader, it's the first time I am dealing with uncomfortable emotions while the uptrend is remarkable going on and on... My thoughts are dealing with a mix of unbelief and trust issues. For all those traders with similar awareness, I put a list together of psychologic behaviour I have to deal with right now (12th of March 2024). I have decided to wait for selling due to all these in the list below. 1. FOMO (Fear of Missing Out) : When prices are rising quickly, there's a tendency to fear missing out on potential profits, leading to impulsive buying decisions. 2. Overconfidence : Success in a rising market can lead to overconfidence, causing traders to take on excessive risk or neglect proper risk management strategies. 3. Herd Mentality : Traders may feel pressured to follow the crowd, leading to crowded trades and increased volatility. 4. Confirmation Bias : Traders might seek out information that confirms their bullish bias, ignoring or downplaying negative indicators or news. 5. Greedy Behavior : Greed can cloud judgment, causing traders to hold onto positions for too long, even when signs of a reversal or correction are present. 6. Panic Selling : Despite the overall uptrend, sudden dips or corrections can trigger panic selling among traders, exacerbating market volatility. Being aware of these psychological tendencies can help you stay disciplined, adhere to your trading strategy, and avoid making emotionally driven decisions.
by Aadya2
How I caught 100 pips on EUR after my analysis got INVALIDATED!In my last analysis, we were expecting EURUSD to retrace to the golden zone where I was looking for buying opportunity. Unfortunately, the price broke the highs and continued moving to the upside. Our main goal was to buy EURUSD targeting areas above 1.090. So what we did was that we waited price to come back to an area where we had at least two confluences. 1. Uptrend 2. 61.8 fibonacci level Using the Fibonacci tool from the last low to the last high, we were able to catch EURUSD at a good level ( 1.087 ) targeting the 1.098 level ( +100 pips ) Price will always come back and give you the best opportunity so no need to FOMO and panic! This is an explanation of how we can find a high probability trade like the one above
by Tradenessfx
BAL/USDT Get ready to seize an excellent LONG trading chance!BINANCE:BALUSDT The recent breach of a major trendline on the weekly chart for BAL/USDT signals an enticing long trading opportunity. With the price now situated above this level, prospects are bright for a potential target range of USD $60 to $70. #BAL/USDT SPOT LONG ENTRY Leverage: 3x Entries: $5.855 Take profit 1: $7.351 Take profit 2: $17.000 Take profit 3: $72.297 Stop Loss: $3.180 NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk! Thanks The sroced.
Long
by srocedtrading
SHIB Analysis: Breakout Confirmation and Potential UpsurgeThis analysis examines the recent breakout of Shiba Inu (SHIB) and assesses its potential for further upward movement. Previous Analysis Validation:🫶🏻💪🏻 The previous analysis successfully predicted the price reaching the anticipated weekly resistance level. Breakout Confirmation:📊📈 The recent breakout above the weekly resistance level confirms the bullish trend reversal. Breakout Confirmation: The recent breakout above the weekly resistance level confirms the bullish trend reversal. 4-Hour Trendline and Triangle Pattern:✅ A breakout above the current 4-hour trendline is expected to further validate the uptrend. A successful breakout from the triangle pattern also indicates a continuation of the upward momentum. RSI and Risk Considerations:⛔ The RSI indicator is not yet in the overbought zone, suggesting that there is room for further growth. However, the lack of strong momentum warrants a cautious approach to entering new positions. Conclusion: The successful breakout of Shiba Inu BINANCE:SHIBUSDT and the bullish technical indicators suggest a potential for further upward movement. However, traders should exercise caution due to the absence of strong momentum. This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before trading.
Long
by solinash1
MATIC/USDT A fantastic opportunity LONG trade!BINANCE:MATICUSDT The weekly chart has recently breached a significant resistance level, with the price now trading above it. This sets the stage for a promising long trade, with a potential target price ranging between USD 4 to 5. #MATIC/USDT SPOT LONG ENTRY Leverage: 1x Entries: $1.1668 Take profit 1: $1.5055 Take profit 2: $2.5197 Take profit 3: $5.0244 Stop Loss: $0.7197 NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk! Thanks The sroced.
MLong
by srocedtrading