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Wave Analysis

Analysis of gold price trend next week!Market news: The gold investment market continued its recent decline. Spot gold fell nearly 3% from Monday's record high of $2,956 to a low of $2,832, a drop of nearly 120 points and a loss of the key support of $2,860/ounce, the largest weekly drop since November last year. Although Trump reiterated that he would impose tariffs on Mexican and Canadian goods and escalate tariffs on China to 20% from March 4, the safe-haven attribute of international gold has not been recognized by the market - the strengthening of the US dollar and the surge in demand for US bonds have weakened the attractiveness of London gold prices. At the same time, the rise in global risk aversion has caused investors to sell gold, stocks and cryptocurrencies, and funds have instead poured into US Treasury bonds, a traditional safe-haven asset. The US dollar index rose this week, making gold denominated in US dollars more expensive for overseas buyers. However, as expectations of a rate cut by the Federal Reserve heat up, the long-term outlook for gold remains positive. Investors should pay close attention to changes in the global economic situation, especially the further development of the trade war and the Federal Reserve's monetary policy! In general, despite the recent correction in gold prices, the macro environment of the market still provides support for gold, especially against the backdrop of global economic uncertainty and rising inflation expectations. The bullish trend of gold may gradually resume in the coming months, and investors should be prepared in the support area to capture potential upside opportunities. Technical review: Gold fell straight down on Friday and was under pressure at the high of $2,884. The price of gold fell all the way and hovered around 2,830. After the big negative line at the daily level of gold, it continued to fall on Friday. After the weekly level ended like this, gold is likely to continue to fall next week. From the current market, it is expected that the daily line will record a big negative line this Friday, which forms an obvious downward signal with the middle negative line of the previous trading day. Under its influence, the current price is effectively running near the lower track of the Bollinger band, and the short-term moving average constitutes reverse resistance. In conjunction with other periodic indicators to maintain a short position arrangement, the overall downward trend of the Bollinger band has intensified, and the macd indicator continues to expand downward in a dead cross pattern, and the RSI indicator shows sufficient downward potential. Therefore, the overall daily line is still dominated by shorts! In terms of 4 hours, the continuous negative pattern not only makes the price effectively run below the lower track of the Bollinger Band, but also drives the short-term moving average to extend downward forcefully. Currently, short-term reverse resistance is formed at 2853 and 2870 respectively. In addition, other periodic indicators turn to short arrangement. The overall downward trend of the Bollinger Band has intensified, the MACD indicator has a low dead cross, and it intends to continue to increase downward. The RSI indicator also shows sufficient downward momentum. Therefore, the overall decline at the 4-hour level is expected to continue to expand. Analysis for next week: Gold will continue to pay attention to news changes over the weekend. If gold starts to rebound strongly on Monday next week, then gold may have another strong rise in risk aversion. However, if it quickly rises and falls, then gold may have digested the risk aversion news, and then gold may continue the downward trend after the top structure. In fact, gold has fallen by more than 120 US dollars. Even if there is no risk aversion, it is normal to rebound, but risk aversion may increase the amplitude of the rebound. The 1-hour moving average of gold is still a short arrangement with a golden cross downward. The gold short may not have turned around. As long as the rebound of gold is not large, there is still room for gold to go down. Next week, gold will focus on the resistance near the moving average of 2875. As long as it is still under pressure and blocked below 2875, gold can continue to be short. If gold breaks through 2880 strongly, then it is necessary to adjust the thinking. Pay attention to news changes over the weekend, and we will make further analysis on Monday morning. Operation suggestion: Keep a high-altitude thinking. It is recommended to pay attention to the short-term resistance near 2875. Below this level, the bears can test new lows. If the bulls return, it will be considered as a continuation of the shock. At that time, we will focus on the 2890 area. Below this level, we can continue to arrange short orders. For support, pay attention to the 2832-2830 area. Although this area does not show strong support momentum, it can be regarded as the limit of the intraday decline. Therefore, if it is touched, you can try short-term long! Operation ideas: Short-term gold 2837-2840 buy, stop loss 2829, target 2870-2880; Short-term gold 2873-2875 sell, stop loss 2884, target 2840-2830; Key points: First support level: 2843, second support level: 2832, third support level: 2818 First resistance level: 2866, second resistance level: 2875, third resistance level: 2890
OANDA:XAUUSD
by Kim_James01
Analysis of gold trend next week: Gold is in a bearish trend. Have you seen the power of the trend in the past two days? Are you waiting for a rebound or are you buying the bottom? We have been emphasizing in the past two days that gold is currently in a short trend. The weaker the trend of gold, the stronger the short trend of gold. If it rebounds too much, the short trend may end and become volatile again. In the trading strategy analysis of the TradingView community that we gave before, we have been saying that rebounds are opportunities for shorting. Our team gave a trading signal to sell at 2863-2865 today, and then closed the position at 2833-2835, successfully making a profit of 300PIPS. Then, when the gold price began to stabilize and rebound, our team gave a trading signal to buy at 2838-2840, and then closed the order at 2851-2853, and successfully made a profit of 150PIPS again. Technical analysis, the daily line closed with a real big Yin on Thursday, and the previous low of 2863 has been broken, so there is still room for further adjustment below. In the short term, the lower side can be seen around 2835-2813, and the upper limit is 2790, the previous top and bottom conversion position, which is also the support level of the 10-week moving average of the weekly line. The previous weekly line has been strong and unilaterally attacking, and the first test of the 10-week moving average will have relatively large support, and at least there will be a second pull-up momentum; if some daily reversal K appears at that time, our team will choose to try to buy the bottom. The 1-hour moving average of gold continues to cross the short position and diverge downward. Gold continues to hit new lows recently. The short trend of gold is obvious. Any rebound is an opportunity for shorting. Gold can continue to short when it rebounds to 2852/2860.
FOREXCOM:XAUUSDShort
by Caesar_Gorman1
Scottish Southern Energy 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 # Scottish Southern Energy Stock Quote - Double Formation * ((Wedge Structure)) | Completed Survey | Subdivision 1 * 1st Retracement & (Reversal Argument)) | Entry Bias - Triple Formation * Wave 2&3 | 012345 Wave Set Up | Subdivision 2 * 2nd Retracement Configuration | 0.786 Area | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) * 012345 Wave Feature * Ongoing Entry & (Reversal Argument)) 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:SSE.GBShort
by TradePolitics
EURCAD Daily Trade Setup – Targeting Buy-Side Liquidity! 🔹 Daily FVG Mitigation: Price is currently in a Fair Value Gap (FVG) on the daily timeframe, indicating potential institutional interest. 🔹 Change of Character (ChoCH) on Daily: A bullish shift in structure suggests that smart money may be accumulating positions for an upward move. 🔹 Liquidity Target: The next expected move is towards Buy-Side Liquidity, where stop-loss clusters and pending orders reside. 📊 Trade Plan: ✅ Entry Confirmation: Lower timeframe (H4/M15) Break of Structure (BOS) + Order Block (OB) Retest ✅ Stop Loss: Below the last swing low or OB for proper risk management ✅ Take Profit: Buy-side liquidity level / Key resistance zones ✅ Risk-to-Reward Ratio: Minimum 1:3 to maximize potential gains 🔍 Key Considerations: 📈 Volume Confirmation: Institutional volume alignment (POC, HVN) for strong confirmation ⏳ London & NY Sessions: Best execution timings for high-probability moves 📅 Upcoming News Events: Watch for high-impact events that may influence EUR or CAD ⚠️ Risk Disclaimer: This is for educational purposes only, not financial advice. Manage your risk accordingly! 📊 What’s your bias on EURCAD? Comment below! 👇💬 #EURCAD #SmartMoneyConcepts #SMC #ICT #ForexTrading #LiquidityHunt #OrderBlocks #FairValueGap #ForexAnalysis 🚀📉
Long
by twb1122
AMD: getting close to invalidating the macro uptrend since 2022AMD has not been able to keep up with NVDIA for about a year. The year long decline is about to approach a critical support area. $93.12 is the line in the sand to invalidate the expanding diagonal structure to complete minor wave 5. If this level breaks that will mean AMD is still on minor degree wave 4 and is in an expanding ABC correction. Unless this turns into a running flat scenario, expanding correction would take the C wave below the A wave, which was $54.57. That will not be pretty for AMD, given the chip market overall is getting very messy with the trade war situations. With RSI braking below 30, we should expect a bounce soon. If that bounce starts to look like a V shape recovery, then there might be some hope to see higher high again. Earnings are still a few weeks away. In the meantime, price needs to head back above $130 to have any reason to long this ticker!
NASDAQ:AMD
by mukit1