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A-flat

GOLD → The situation remains the same. Consolidation OANDA:XAUUSD continues to consolidate, therefore, the market situation remains the same. The probable outcome of events is a false break of resistance (retest of liquidity area) before further decline The market has been forming consolidation inside the important range of 1828 - 1812 for the last few days. Liquidity is forming above these boundaries, which the market maker (with high probability) will not miss. In priority, I expect a surge in volumes at the next retest of the resistance area and the formation of a false breakdown. Local strengthening of the price may reach such areas as 1830, 1835, 1840. In the medium term, I expect a further fall, but after reaching local targets. The global target is an important support area, which is indicated on the senior timeframe: Weekly chart on the left (blue level). The moving averages indicate a strong trend. A sell signal can be formed relative to 1828.2, 1833.3, 1835.5 Support levels: 1812, 1807. 1800 Resistance levels: 1828.2 In the long term I expect a continuation of the fall, but a small bullish correction may follow before this movement OANDA:XAUUSD OANDA:XAGUSD COMEX:GC1! COMEX_MINI:MGC1! COMEX:SI1! TVC:DXY Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
17
🥇GOLD - Consolidation before the news GOLD is in consolidation on the background of falling market. There will be news soon, quite strong, and most likely the market players are waiting for the data, so consolidation will form on the chart. The sentiment indicator indicates a bearish potential. The trend is also bearish. The news impulse may hit resistance, after which the decline may resume TA on the high timeframe: Market is falling. Price breaks 0.5 fibo and heads towards 0.618 A retest of 1807.96 may follow (the level has not been tested yet), and the price may also hit 0.618 before a pullback. TA on the low timeframe: A sideways flat is formed, the essence of the flat is consolidation Minimal volatility is formed on the market, as the potential for movement in one or another direction is accumulated. Watch the price reaction to the mentioned levels, I am expecting a fall in priority, as we have a downtrend. Key resistance📈: 1831, 1833, 1841 Key support📉: 1815, 1807.9
OANDA:XAUUSDShort
by Gold-Tech
18
GOLD → Market fades before the news OANDA:XAUUSD is forming a consolidation in the liquidity area range. In this case, there can be a lot of traps before moving to one side or the other, as this is one of the essence of consolidation The fundamental backdrop for gold is still negative, as the TVC:DXY continues to strengthen and seeks further upper targets, which will have a negative impact on gold. There are a number of important news releases today that are worth paying attention to. I don't think they will change the main fundamentals much, but there will be a storm in the market. Before the main fall, which may continue on the background of the dollar strengthening, the gold market, or rather the market maker may raise the price to 1830-1846 before the further fall. A huge pool of liquidity has formed near these zones, and since the price cannot fall or rise only, we may see a correction in the near future. My mood on gold is bearish, as well as the mood of the market, which by the way is indicated by the moving averages. Support levels: 1816.9, 1815.3, 1812 Resistance levels: 1828, 1830, 1833 Since there is news ahead, the market is going into consolidation. Lower volatility before the storm. Trade carefully on the news, or better not to trade at all and wait until the market calms down OANDA:XAUUSD COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAGUSD COMEX:SI1! TVC:DXY Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
40
💱EURUSD - A correction signal is generatedEURUSD is forming a local false breakout. The base of the pattern "double bottom" is the level of 1.049 and we see a breakout (return) of this line. In the near future a correction may be formed after which the local growth will continue. But we should not forget - the global trend is bearish TA on the high timeframe: False breakout of resistance. If the price returns beyond 1.0536 a strong rebound will be formed The liquidity area interesting for the market appears - 1.06000 TA on the low timeframe: False breakout will form an imulse. A correction back to support may be formed, which will form an entry point Buy entry point could be 1.0490, 1.0499. Key support📉: 1.0490 Key resistance📈: 1.0560, 1.05900
Long
by Gold-Tech
9
USDCAD → Growth may continue after correction FX:USDCAD is forming an impulse from the base of the ascending price channel. When breaking through the resistance mentioned earlier, we see active strengthening, which is also supported by the fundamental component The TVC:DXY is in a bullish trend, as evidenced by the weekly chart on the left. The price is chasing a rise towards 107.5, which will make the currency pair strengthen. On the USDCAD chart we see a local stop in front of the resistance at 1.3712, consolidation is forming, which may activate the correction phase. The correction may end with a retest of 1.3640 support or form a small pullback and a retest of 1.3712. In the future, I expect the continuation of active growth on the part of the currency pair. As a target I pursue the area of 1.3800. Moving averages indicate bullish potential. Support levels: 1.3690, 1.3640 Resistance levels: 1.3712 I expect the growth to continue after a small correction or consolidation. Target 1.3800. Regards R. Linda!
Long
by RLinda
15
🥇GOLD - The fall may continue, but after a small correction Gold reaches the specified level and forms a false breakout attempt. A rebound may be formed. But there is a chance of a continuation of the fall from the level of 1825. TA on the high timeframe: 1) Broken 0.5 fibo level. A strong fall is formed from the opening 2) The liquidity area that the price can test within the counter-trend correction is in the area of 1840-1850. TA on the low timeframe: 1) We have a strong downtrend 2) The price cannot fall all the time. If there is a false breakout of 1825 and the price forms consolidation above the level, there may be a rebound to local resistance levels. 3) In the medium term, the fall will continue, but after a probable correction. Key support📉: 1825 Key resistance📈: 1833, 1840, 1850
OANDA:XAUUSDShort
by Gold-Tech
13
BTCUSD → False breakdown inside the historical range BINANCE:BTCUSD continues to form a global ascending price channel. After the retest of one of the important support levels, a new bullish potential appears On the chart I have marked the range 31400 - 25400. Earlier we saw a correction to the support area and a false breakout of the level, which gives the market a new potential. The indicated range plays a key role for pricing. The boundaries of the range appeared back in the cryptozyme - from May to July, in times of strong decline, now these boundaries are confirmed. In fact, only the resistance of the specified range 31400 separates us from a strong further growth to 35000-40000. At the moment, the price is testing the 28500 area and forming a correction to 26700, the local correction wave at its end may give a reversal and growth to 31400 for another retest of the key resistance. From the fundamental point of view, a strong push for strengthening will be given by the SEC approval of BTC-ETF, but they are not in a hurry yet. The moving averages have recently formed a bearish signal, but within a consolidation formation, in which case the strength of the signal is not so obvious. The market is waiting for something strong and continues to consolidate. Support levels: 26700, 25400 Resistance levels: 28500, 30200, 31400 At the same time bitcoin feels more confident than the same SP500 ( AMEX:SPY ) , whose correlation has been quite strong lately. At the same time, on the background of strengthening of the TVC:DXY , the value of the asset is also growing COINBASE:BTCUSD BINANCE:BTCUSD COINBASE:ETHUSD BINANCE:ETHUSD TVC:DXY VANTAGE:SP500 TVC:SPX Regards R. Linda!
BITSTAMP:BTCUSDLong
by RLinda
11
Bitcoin is extremely bullish and left people in disbelief! Bitcoin continues to rally from the bottom of 24920 to 27137 and is heading towards 28650! This is going to happen; the bull market is absolutely awesome, and profits are huge! If you are following me, I have been bullish almost from the bottom of the last big dump while the majority is still shorting Bitcoin on futures, which can also be seen in the negative funding rate on exchanges. I hope you guys are enjoying this bullishness as much as I do, and I wish you massive profits! From a technical perspective, the price of Bitcoin is moving in the ascending parallel channel on the 4H chart and will touch the trendline in the first week of October! This is also a strong resistance because of the 1:1 Fibonacci extension from wave (1) -> wave (2). October, November, and December are statistically bullish months for Bitcoin, so we should expect an uptrend this season. Summer is usually boring, and September is usually bearish. I see bullishness on Ethereum and altcoins, which is another good sign for the crypto market. DXY is pretty bullish, while Bitcoin is bullish as well, another strong sign! What about gold and silver? These assets are going down, while Bitcoin is also rising, making a bullish divergence another good sign! This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately. Thank you, and for more ideas, hit "Like" and "Follow"!
BITSTAMP:BTCUSDLong
by UnknownUnicorn2537518
133
🥇GOLD - The buyer is out of the market. A big drop Gold is forming a strong decline. The price is breaking support levels without any particular reaction from the buyers. The decline is likely to continue until gold finds strong support TA on the high timeframe: 1) The market is breaking the 0.5 fibo area and forming further momentum. One of the key support levels may be tested soon 2) An area of liquidity that can stop the price still far away TA on low timeframe: 1) The 0.5 fibo is broken, at 1840.9. 2) Price is heading towards 1825, a correction can be formed from this level. After the correction, it makes sense to expect a fall. Within the counter-trend correction the price may reach 1930, 1940. 3) Medium-term target for us is 1807 (level from the weekly chart) Key support📉: 1825, 1815, 1810 Key resistance📈: 1840
OANDA:XAUUSDShort
by Gold-Tech
18
💱CADJPY - A retest of support will send the price down CADJPY breaks uptrend support and after another correction forms a signal that suggests that the market is preparing for further decline TA on the high timeframe: 1) After breaking the 109.268 support, a correction is formed. In the medium term, the price may test this line before further growth 2) The market is interested in the liquidity area below 109.336 and 0.5 Fibo level. TA on the low timeframe: 1) A break of trend support is forming - a risk zone for price. The market is rebuilding 2) The level of 109.938 is formed and after a small correction to 110.3 the price returns to the support and forms a signal. 3) Breakout of 109.938 and price consolidation below the level will form a sell signal. Key resistance📈: 110.37 Key support📉: 109.938 and 109.226
Short
by Gold-Tech
9
GOLD → The fall continues. Target 1828, 1812 and 1800OANDA:XAUUSD has been making a new downward jump since the opening of the session on Monday. The strong distributive move continues. The price is approaching an important area The chart shows an important liquidity area, but not the final one (1800). At the moment I am interested in the 1828-1812 area. The nearest support line may be tested soon, followed by a correction before further decline. The strong bearish trend continues in the market on the back of TVC:DXY strengthening. ISM Manufacturing PMI & Prices are released today, as well as FED Chars Powell speaks. It is worth paying attention to these releases. From the technical analysis point of view, I will wait for a bounce from 1828 towards the nearest resistance to increase liquidity, after which the price will continue another decline towards 1812 and 1800. The moving averages are showing a strong trend and there is a strong signal on D1 Support levels: 1828, 1812 Resistance levels: 1846 I expect a continuation of the fall in the medium term. Before the further fall, a pullback may be formed, watch the price reaction to the marked levels OANDA:XAUUSD COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAGUSD COMEX:SI1! TVC:DXY Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
27
EURUSD → Retest of resistance leads to new sales FX:EURUSD is forming a retest of resistance of the descending price channel. On the senior timeframe (D1) the preconditions for further sell-offs are forming The market is in the bear market phase. The resistance retest forms a consolidation of the price below the level, which forms a bearish potential before the further fall. At the moment, the fundamental background of the TVC:DXY is quite strong and thus, the Euro will weaken against it, which is what we see. On the monthly chart the price is testing an important support level. On the background of a strong fall, a false breakdown may be formed, which may be followed by a correction. The market cannot fall all the time and at some time EURUSD may go into the phase of consolidation (correction or flat formation). Moving averages act as resistance. Support levels: 1.05000, 1.0557 Resistance levels: 1.0610, 1.0635 I expect the continuation of the fall to the mentioned support area with the subsequent breakout and further fall to 1.0350 Regards R. Linda!
Short
by RLinda
27
GOLD → There's no place to shop. Bear Market ↘︎OANDA:XAUUSD shocked a lot of people in the last week, but we were ready for it and I have been setting medium term targets like 1875, 1850 and even 1800 for quite some time. On Friday the market closes below 1850 and within the candlestick analysis there are preconditions for further fall. In the coming week there will be important news that will help to determine the medium-term outlook. Pay attention to such data as. -ISM Manufacturin, FED Chair Powell Speaks - NonFarm E.C., SP Global Services, Non-Manufacturing -Initial Jobless Claims -NonFarm, Unemployment Rate Fundamental factors are a significant part of the leverage that drives the market. The TVC:DXY is currently under the influence of a positive fundamental background, which is quite negative for gold From the point of view of technical analysis we see a strong distributive movement. The probable target of this movement may be the following zones: 1827, 1809, 1773, the targets are shown on the chart above. These are important liquidity zones in the medium term. At the moment gold is in an empty range (no volume density zones). The price can reach the lower boundary of the main flat - 1809 - quite quickly. But, on Monday, from the opening session the price may form a small pullback to form consolidation. The correction may be directed to 1860, or even to 1875, but there are no signals to start a strong growth now. We expect a fall to 1800 OANDA:XAUUSD OANDA:XAGUSD COMEX:GC1! COMEX:SI1! TVC:DXY Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
31
Ethereum is starting a new bull market! (after 2 years) After almost 2 years, ETH is starting a new bull market. It's still a great time to buy before ETH reaches 10,000–20,000 USDT per coin! So why is ETH bullish? To answer this question, we need to use the Elliott Wave theory and chart patterns on the weekly chart. As we can see, we have a strong Elliott Wave nest (1-2-1-2) with a combination of the previous ABC Zig Zag (3-3-3). This combo is indeed powerful! What's more, we can see an ascending triangle at the bottom of the trend, which is an even stronger bullish sign! You want to buy Ethereum and Bitcoin as soon as possible to earn a lot of money, as the price is still very cheap. Profits are already insane, so be greedy and enjoy the ride! What is the profit target? You do not want to sell ETH for less than 10,000 USD per coin, that's for sure. As per my analysis, ETH could reach 20,000 USD in 2025, which you will see in one of my next analyses, so make sure you are following me! But of course, in the short term, we have some strong resistances, such as the 0.618 FIB at 2534 USD. Definitely a good profit target for swing traders. I really look forward to 2024 and 2025, which will be bullish months! At this moment, probably 95% of traders are gone; they left the crypto space because, of course, they lost money during the previous bear market and were forced to sell their holdings. Some people may say that people should hold strongly and never sell, but if someone has to pay the bills, they are forced to sell it. So it's easy to say, right? This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately. That's my outlook; be bullish and have a nice day! Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
57
Bitcoin - Ready to reach 30k! (watch this trendline) Bitcoin is bullish and is ready to reach 29167 in the next few days or at the start of October. Of course, 30k will follow, but 29k is a strong resistance, and we should see a pullback from it! Watch this yellow trendline, which is a gateway to the ultra-huge bull market. Once it breaks, I expect a massive uptrend, but be aware of a possible retest first. Your stop-loss needs to be safe! So why is the 29167 level of resistance strong? We have the 0.618 Fibonacci retracement of the previous downtrend, and we also have a point of control on the volume profile. What's more, it's the start of the fair value gap. I am definitely expecting a pullback from it! It's always important to do an Elliott Wave analysis because it gives us an outlook on the overall trend and market structure. In the downtrend from 31k to 25k, I see a complex correction—the triple-three pattern WXYXZ. This is a corrective move and shows a lot of weakness. That's why I am bullish! 26k is still a good price for Bitcoin to buy in the long term because I expect 120k in 2025. Why 125? Check out my profile or my previous analyses! It's also important to watch altcoins and how they are doing because it gives us another good indicator for Bitcoin. Of course, altcoins such as ETH, XRP, and DOGE are bullish. This was a quick update on the local price of Bitcoin. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
162
GOLD → Correction amid strong bearish trend OANDA:XAUUSD stops its fall after reaching our yesterday's target. After a false breakout of 1860, a counter-trend correction to resistance is forming. But why!? The price cannot fall all the time, after a strong movement to one side or another a correction is formed to increase liquidity - complex mechanisms of market management by big players. The price is approaching the area of 1875 - an important enough place to form further targets. Above 1878 a pool of liquidity is forming and most likely the price may form a retest or a false breakout before falling further. Maybe a sideways flat will form after a strong fall. But at the moment we have the background of a strong trend Key resistance: 1875, 1878 Key support: 1860 In the long term I expect a continuation of the fall, the reasons for this are given in the early ideas. But a small correction may follow before a further fall. Regards R. Linda
OANDA:XAUUSDShort
by RLinda
12
GBPJPY → A false breakout leads to a retest of resistance FX:GBPJPY is forming a false breakdown of the support at 181.96. On the background of strengthening of the main currency we see active growth of the pair. A false breakout is formed on the chart with the subsequent price growth towards the key resistance, which is the lower boundary of the ascending price channel. If the price after the next retest can return to the framework of the uptrend, then in the medium term we can see the price growth. But, GBP growth may be a short-term correction on the background of weakening of the strict policy of the central bank. In such a case, a retest of the previously broken trend support will determine the entry point for further selling. Support levels: 181.96, 180.900 Resistance levels: trend support, 183.700. I expect a retest of the resistance, and the future pricing of the currency pair will depend on the market's further reaction to this level and GBP behavior. Regards R. Linda!
by RLinda
16
GOLD →The market doesn't feel supported. Further ↘︎OANDA:XAUUSD is in a strong distributive phase, the price is not even stopped by the 1885 level (liquids area). The price is updating the low amid negative fundamentals, as evidenced by strong weakness from buyers On Wednesday, the market forms a paranormal candle, the closing of which suggests the continuation of the fall, the local level of 1875 and 1872.58 is formed. If this zone is overcome and the price consolidates below this area, a bearish potential will be formed. But before the further fall, the market-maker may make a rebound to increase the liquidity. In the correction phase the price may reach such zones as: 1880, 1885 !!, 1890. But, it is worth paying attention to the D1 chart, the price is breaking the support of the symmetrical triangle, now the market has entered the phase of realization of the accumulated potential. On the background of bullish news for the TVC:DXY , the XAU price entry into the empty range can only accelerate its fall to 1800. This level is the nearest significant one. At the moment it is difficult to talk about buying, the medium-term market is ready to fall. We continue to follow the price Support levels: 1875, 1872,5 Resistance levels: 1880, 1885, 1890 Market is red, DXY is being pushed up on the back of unstable inflation. Gold is not feeling strong support levels, suggesting weak buying power OANDA:XAUUSD COMEX:GC1! COMEX_MINI:MGC1! OANDA:XAGUSD COMEX:SI1! TVC:DXY Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
24
PEOPLEUSDT → A break of resistance opens up the new range BINANCE:PEOPLEUSDT forms a local bottom, breaks the resistance of the descending wedge and one of the key levels within the realization of consolidation. A new corridor is opened As BINANCE:BTCUSD tests a local high near 26800, an altcoin reaction is forming. Even though the SEC has postponed the adoption of BTC-ETF indefinitely, the market is getting a small influx of assets. Our attention is drawn to PEOPLE. The price breaks the wedge resistance and continues to form a consolidation in a weak market. Finally, the coin breaks through the key, for now, level of 0.01022. Consolidation of the price above the level will form a bullish potential, which my move into the phase of realization and within the medium-term perspective PEOPLE / TetherUS can reach 0.01433 and 0.0185. Altcoins have been strongly consolidating their energy lately, something may happen soon. Support levels: 0.01022, 0.00846 Resistance levels: 0.01433 I expect the price growth to continue after consolidation above 0.01022 level. Regards R. Linda!
Long
by RLinda
17
🥇Gold reaches important support. Waiting for a reboundGold is reaching an important goal for us. We've been waiting for this. A test of the level of 1885.100 is being formed. On the background of distributive fall and strong sell-offs, a rebound may occur. TA on the high timeframe: 1) A huge pool of liquidity is formed below the level of 1885, most likely, a false breakout should occur before the rebound TA on the low timeframe: 1) The false breakout could be quick (a few 5-minute sections) or it could be a long one 2) Either way it should be expected. Price after a strong fall may enter a correction or consolidation phase 3) If a false breakout is formed (not yet started), the price will go under the level and will trade lower for some time, but after the growth and return above 1885, an active growth (buyback) will be formed Key support📉: 1885 Key resistance📈: 1900
OANDA:XAUUSDLong
by Gold-Tech
23
Gold, Further Short on the cardGold started a recent descending channel from 1947.555 since the FOMC press conference on 20th September 2023. Price could be expected to retest the Daily EMA 200 and 4hr EMA-20 before possibly swinging down to challenge the low since 21st August at 1885. The DXY could also further grow to 109 and ultimately to 113 as i mentioned in my last DXY idea publication. This can potentially bring a negative fundamental to GOLD and so watch out.
OANDA:XAUUSDShort
by AbeikuGlobal_FX
10
GOLD → We expect a fall to 1885, from which a rebound may followOANDA:XAUUSD is following a clear script. I recommend studying the latest ideas on XAU to understand the reasons for further decline. At the moment this stage could go to 1885 before a further bounce. At this point I am only expecting a fall to 1885. This area is clearly of interest to MM and the market, on the background of a strengthening dollar, the price reaching this area will be quite fast. But, further from the mentioned support, with a high probability, a pullback may follow. If the false breakdown will be small, the upward impulse can be formed quite strong. On the background of downtrend and negative fundamental data for XAU, counter-trend correction and momentum may reach 1895 or 1901, but the decline may continue. Support levels: 1885 Resistance levels: 1895, 1901 I expect the fall to continue to the above level. If the support is retested, a rebound may follow before a further fall. OANDA:XAUUSD OANDA:XAGUSD COMEX:GC1! TVC:DXY TVC:BXY Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
20