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Wave Analysis

Bullish behaviour on NEM stockThe price of Newmont Corporation shares retraced to the areas where professional buying took place in the past (blue rectangles). The volume during that move down is decreasing, which, according to Volume Spread Analysis (VSA), is bullish behaviour. Also, given that today's bar penetrates the recent demand zone and the professionals were buying there again, this stock looks very strong and has a high chance of reversal. Closing above the $43.72 level followed by its testing on daily or lower (1H, 15 minutes) timeframes might start the rally towards $55.13 - $55.89 with resistance around $49.27 - $50.12. If today's bar is tested and supply reappears during this process, we may expect an extension of the ongoing correction to the $37.53 - $38.37 area and another surge of buying there.
NYSE:NEMLong
by VSA_Home
Forecasting gold pricesForecasting gold prices is complex, as it's influenced by a multitude of global economic and geopolitical factors. Here's a summary of key factors and recent forecasts: Key Factors Influencing Gold Prices: Central Bank Activity: Central banks' gold purchases significantly impact demand. Recent trends show increased buying, which supports higher prices. Interest rate policies of central banks, particularly the U.S. Federal Reserve, play a crucial role. Lower interest rates generally increase gold's attractiveness. Geopolitical Uncertainty: Global political instability, trade tensions, and conflicts drive investors towards gold as a safe-haven asset. Inflation: Gold is often seen as a hedge against inflation. Rising inflation can increase demand and push prices higher. U.S. Dollar Strength: The price of gold is typically inversely related to the U.S. dollar's strength. A weaker dollar makes gold cheaper for holders of other currencies, increasing demand. Investor Sentiment: Market speculation and investor confidence can cause significant price fluctuations. Recent Forecasts: Reports from firms like Goldman Sachs indicate expectations for gold prices to continue rising in 2025. Factors like strong central bank demand and potential U.S. Federal Reserve interest rate cuts are driving these forecasts. Goldman Sachs has increased their gold price target. With some predictions reaching over $3,000 a troy ounce by the end of 2025. It is important to note that forecasts can change rapidly due to the dynamic nature of the markets. Also factors like the current trade policies of the U.S. are having a strong effect on the price of gold. Where to find up to date information: Reliable financial news sources like Bloomberg, Reuters, and the Wall Street Journal provide up-to-date gold market analysis. Websites like Trading Economics offer detailed data and forecasts. Financial institutions like Goldman Sachs, and JP Morgan release market analysis reports. When considering gold investments, it's essential to: Stay informed about global economic and political developments. Diversify your investment portfolio. Consult with a qualified financial advisor.
TVC:GOLD
by ITManager_US
EURUSD Under Pressure! SELL! My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0488 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0411 Recommended Stop Loss - 1.0535 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
6
NATGAS Massive Short! SELL! My dear subscribers, My technical analysis for NATGAS is below: The price is coiling around a solid key level - 4.257 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 3.892 My Stop Loss -4.468 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
NYMEX:NG1!Short
by AnabelSignals
3
APPLE Buyers In Panic! SELL! My dear followers, This is my opinion on the APPLE next move: The asset is approaching an important pivot point 245.60 Bias - Bearish Safe Stop Loss - 251.37 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 235.33 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
NASDAQ:AAPLShort
by AnabelSignals
7
MGNT 1H Long Investment Conservative Trend TradeConservative Trend Trade + long impulse + SOS level + 1/2 correction + volumed 2Sp- - day will close without test Calculated affordable stop limit 1/2 1M take profit Daily Trend "+ long impulse + SOS test / T2 level + support level - strong approach from volume zone + biggest volume manipulation" Monthly Trend + long impulse + expanding biggest volume T2 + support level + 1/2 correction + unvolumed 2Sp- + strong buying bars + weak selling bar / test Yearly no context
RUS:MGNTLong
by MishaSuvorov
Broadcom - 290$ or 190$ ?When AVGO shot up after the last earnings it looked a lot like too much of AI hype to me. Drawing this channel explains the move quite well. With the June high and lows in September and November this channel was established and price took off right to the upper limit. Since then it has corrected by about 20% but this could fit quite well in a 5-wave move to the upside targeting the 290$ area. Alternatively price could fall to the 190$ region and invalidate the elliott wave. Depends a lot on market conditions and if we can see another NDX ATH.
NASDAQ:AVGO
by flightleader78
Is a Massive Surge to $100 Coming in March 2025?Understanding the VIX Index: A Comprehensive Analysis for Market Predictions The VIX index, often referred to as the “fear gauge” of the financial markets, provides crucial insights into market volatility. Since its inception, the VIX has been a valuable tool for investors and analysts seeking to gauge market sentiment and potential turning points. Historical Overview and Elliott Wave Analysis Our analysis traces back to the market bottom around November 2017, where the VIX index embarked on an upward trajectory in a three-wave pattern, identified as an ABC structure. The wave B was characterised by a triangle formation, and the concluding wave C terminated around the $85 mark. Following this, the VIX entered a corrective phase, forming a W-X-Y pattern. In this structure, wave W was a zigzag, wave X formed a triangle, and wave Y concluded around the 14.47 level. Potential Bullish Signal and Market Implications Looking ahead, we anticipate that a breach of the 22.51 level could trigger a bullish signal for the VIX, potentially driving it towards the $100 target by late March 2025. This projection suggests that the S&P 500 may experience further declines until this timeframe. Seasonality and Confirmation of Analysis Supporting our analysis is the seasonal pattern of the VIX, indicating a market bottom around mid-February and a peak in mid to late March. This seasonal behaviour aligns perfectly with our Elliott Wave Theory, Gann analysis, and Fibonacci projections, reinforcing our forecast of a significant market movement.
TVC:VIX
by VitalDirection
EUR/GBP Breakdown – More Downside Ahead? Local Short! SellAnalysis & Description: The EUR/GBP pair is showing bearish momentum, having broken below a key horizontal resistance zone, confirming a potential downtrend continuation. Key Observations: ✅ Break & Retest Pattern: The price has broken below the previous support (now resistance) and is retesting it before further downside. ✅ Bearish Structure: Lower highs and lower lows indicate a continuation of the downtrend. ✅ Target Level: The next bearish target is marked around 0.82441, aligning with previous support. Trading Plan: 📉 Bearish Bias: A successful rejection from the resistance zone could provide a selling opportunity targeting 0.82441 and lower. ⚠️ Bullish Invalidations: If the price reclaims 0.82760, it could signal a fakeout and potential bullish reversal. Final Thought: EUR/GBP is in a clear bearish trend, and a rejection from the resistance zone could trigger a further decline toward the 0.82441 level. Stay cautious of any false breakouts! 📉🔥
Short
by NexusTradesZone
BBRI BUY NOW 3350! Support level at 3050-3150BBRI is now probably trade in the end of its deep correction, as on the technical view, by the Elliot Waves count, it is now completing the WAVE 5 of C (it confirmed by the Bullish Divergence on MACD). The price could be be a little lower on the next 1-5 trading days to the 3050-3150, which is the 78.6% fibonacci retracement from broken uptrend. It is really strong support and i believe i would not be broken. For about 6-12 months ahead, aim for minimum target of 30% return from this level. Are you going with me??? CHEEERRRSSS...
IDX:BBRILong
by steveivan
Mara not a buy for a whileThe one month indicates that Mara will enter a long drawn out consolidation once the bottom is found. There are imbalance around the $3.50 level that will most likely be visited. Mara failed to breakout during the crypto bull run and has lost long term support levels. The bottom indicator is Accumulation and Distribution , which shows there has been distribution and no accumulation. The ADX shows that the downward pressure is actually building and the top indicator shows that MARA is repeat past decline pattern. A buy would be when indicators turn up and price crossing the 5 SMA/EMA on the monthly. It seems that it will take many months to a year before the decline stops, which is what happened in the past. Mara would not be an investment until price breaks and holds the 55 SMA/EMA on the daily time frame. Note, the one month time frame takes a while to play out and things could change but at this moment MARA is not a place to park money.
NASDAQ:MARAShort
by picea13
2.28 Gold Trading Strategy Analysis On Thursday (February 27), gold accelerated its decline and once lost the 2870 mark, mainly under the pressure of a stronger dollar and rising U.S. Treasury yields, while investors awaited key inflation reports to assess the Fed's policy path. The U.S. dollar index rose 0.6%, further away from the recent 11-week low, after U.S. President Trump's vague promise to impose tariffs on the European Union and further postponement of tariffs on Canada and Mexico caused market volatility. Trump said on Tuesday that "the 25% tariff on Canada and Mexico will take effect as planned on March 4", and on Wednesday he changed his words and said "it may be postponed to April 2", while threatening to impose a 25% tariff on the European Union. The dollar rose slightly as U.S. President Trump's recent remarks on his trade policy plans have increased market uncertainty. Despite the rebound in the dollar, the market is still betting that the Federal Reserve will cut interest rates twice this year (the first in July and the second in October) due to increasing concerns about economic slowdown. The U.S. consumer confidence index plummeted to 98.3 on Tuesday (expected 102.5), the biggest drop since August 2021. The rebound in the benchmark 10-year Treasury yield has reduced the appeal of non-yielding gold. A slight recovery in the dollar and Treasury yields has weighed on gold to some extent, but the overall uptrend in gold remains intact. Several Fed officials will speak later in the day to provide the market with more insights into possible rate cuts by the Fed this year. The market will next focus on the Fed's preferred inflation indicator, the personal consumption expenditures (PCE) index, which will be released on Friday. According to a Reuters poll, the market generally expects the monthly PCE index to be 0.3%, the same as in December 2024. The market is currently very sensitive to growth concerns, especially after last week's dismal U.S. Purchasing Managers' Index (PMI) data. If the PCE result is stronger than expected and suggests that the Fed will not cut interest rates in the near future, it may have a negative impact on gold. Gold is seen as a safe haven against political risks and inflation, but higher interest rates will reduce the appeal of this non-yielding asset. Meanwhile, Russian and American diplomats will hold talks in Istanbul aimed at resuming their respective diplomatic missions, which is seen as a step towards ending the war in Ukraine. Gold market trend analysis: Gold technical analysis: Gold finally fell. From the trading strategy of last weekend, our team has been reminding people to pay attention to this week's big waterfall. Traders who follow our trading strategy have made enough profits. The whole day has been emphasizing that the top structure of gold has been built. Today, gold fell like a waterfall, breaking through the 2870 support line, and the top pattern was officially established. Gold is getting weaker and weaker, and rebounds are opportunities for shorts. Gold's 1-hour moving average continues to diverge downward to form a dead cross. Gold has refreshed its low again. Gold's downward space has opened up again. Gold shorts have just begun, and rebounds are opportunities for shorts. On the whole, our professional and senior gold analyst team recommends rebound shorting as the main strategy for short-term gold operations today, and callback longing as the auxiliary strategy. The short-term focus on the upper side is the 2888-2890 resistance line, and the short-term focus on the lower side is the 2830-2834 support line.
FOREXCOM:XAUUSDShort
by Caesar_Gorman1