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ATH 3127, continues to aim for big growth⭐️GOLDEN INFORMATION: Gold's record-breaking rally continues unchecked as buyers push prices past the $3,100 milestone for the first time ever. Mounting concerns over a potential global trade war and rising stagflation risks in the United States (US) have further fueled demand for the safe-haven metal, reinforcing its status as a store of value. A recent report from The Wall Street Journal (WSJ) suggests that US President Donald Trump may introduce even higher and broader reciprocal tariffs on April 2, known as “Liberation Day.” This prospect has sent fresh waves of risk aversion rippling through global markets, amplifying investor uncertainty. ⭐️Personal comments NOVA: Tariff pressure, fears of trade war outbreak in April. Gold price is growing continuously, expected to reach 3127 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $3126 - $3128 SL $3133 TP1: $3120 TP2: $3110 TP3: $3100 🔥BUY GOLD zone: $3092 - $3094 SL $3087 TP1: $3098 TP2: $3103 TP3: $3110 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
6
Weekly Technical AnalysisStart your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. -------------------------------------------------------------------------------------------------------------- Analysis Germany 40 has shifted into a corrective phase within what is still just a bullish trend overall, currently trading around 22,042, below its 20-day VWAP of 22,850. The RSI at 37.2 reflects weakening momentum, aligning with the recent downside break. Immediate support lies at 22,043. A reversal above resistance at 23,551 would be needed to revive bullish sentiment. UK 100 remains in a neutral, consolidative phase after stalling from earlier gains. It’s quoted at 8,553, just under its 20-day VWAP of 8,644. The RSI of 39.2 shows a loss of momentum, leaning slightly bearish. Key support is marked at 8,500, and only a break above 8,763 would signal fresh upward traction. Wall Street continues in a bearish trend with a corrective bounce already having rolled over as of Friday, currently at 41,299—just below the VWAP of 41,814. An RSI of 36 (having failed to overcome the 50 level) suggests a lack of bullish conviction. The key downside level is 40,840, while 42,787 stands as initial resistance on any recovery. Brent Crude holds a bearish trajectory but the corrective move is gathering steam, trading at 7,289, above the 20-day VWAP of 7,131. The RSI at 55.2 is neutral, offering little directional clarity. Immediate support sits at 6,856, while 7,405 will test further upside. Gold continues to sprint into record highs, quoted at 3,117 and well above the 20-day VWAP of 3,004. The RSI at 76.8 is firmly in overbought territory, highlighting stretched momentum but also strength. While some pullback could occur, support is seen way back at 2,883, with the recent highs acting as near-term resistance before 3200. EUR/USD sustains its bullish setup as it undergoes a dip trading at 1.0814, marginally below the VWAP of 1.0848. The RSI at 55.7 leans constructive though lacks strong momentum. Near-term support is at 1.07476, while 1.09489 is the next resistance zone to watch for continuation. GBP/USD is still bullish as it sits in a tight correction, priced at 1.29306, holding above its 20-day VWAP of 1.29302. The RSI at 57.1 supports the ongoing trend but shows moderation from previous highs. A break below 1.28721 may trigger caution, while further upside needs a break of 1.30069. USD/JPY holds a bearish trend but it has flattened out and is currently in a corrective bounce, quoted at 149.30 and near its VWAP of 149.30. RSI at 47.2 remains neutral. If sellers regain control, support is at 147.00. On the upside, clearing 151.12 could shift sentiment back toward bullish territory.
SPREADEX:GDAXI
by Spreadex
GameStop’s Bitcoin Bet Fails to Wow Traders. Can It Copy MSTR?GameStop NYSE:GME wants to jam Bitcoin BITSTAMP:BTCUSD into its treasury. But isn’t that a risky move that threatens to derail the video-game retailer’s finances? With $1.3 billion on the line, GameStop’s pivot to Bitcoin in efforts to revive its flagging share price may make things even worse. Let’s talk about that. Desperate times call for desperate measures. After a couple months of speculation, traders’ suspicions turned out correct — GameStop is indeed adding Bitcoin on its balance sheet . The company confirmed the plan in its quarterly earnings update released last week. That was all good — shares jumped 8% on the news and closed the cash session higher by 12%. But these solid gains were not only wiped out — traders doubled down on the selling pressure when the shares crashed 23% a day later because GameStop unveiled a scary figure. To make Bitcoin a treasury reserve asset, GameStop said it is seeking to sell $1.3 billion of convertible bonds , which will be used “for general corporate purposes, including the acquisition of Bitcoin in a manner consistent with GameStop’s Investment Policy.” What do these convertible bonds do? They’re essentially papers that certify you’ve given the company a loan. Usually, they come bearing some nice guaranteed yield, but in this case, the yield is exactly 0.00%. Another string attached to GameStop's bonds is that they are due in 2030 and you can choose to convert them into shares, each with a price tag of $28.46, or you can take them out in cash. That’s one reason why the stock tanked last week — not too favorable conditions. Another one, and perhaps a bigger worry for investors, is that GameStop’s net income will no longer be as secure as it’s been until now. More precisely, GameStop generates around $220 million in interest each year thanks to its holding of Treasury bills. With Bitcoin getting in the mix of factors contributing to the bottom-line figure, things may spin out of ordinary. True, Bitcoin may go up in price and lift GameStop’s net income but it could also decide to nosedive for no reason and eat into GameStop’s profits. Judging by the votes of the traders last week (if the stock market is a voting machine in the short term), they seem to believe in the latter. At least for now. But that's not a concern to the OG meme stock . Where it hopes Bitcoin will make a difference is the long run. Just look at MicroStrategy MSTR . Strategy, formerly known as MicroStrategy , is the world’s largest corporate Bitcoin holder. Even more, it’s a Bitcoin hoarder, sitting on more than 506,000 Bitcoin, according to BTC-tracking platform Bitcoin Treasuries . Strategy has been issuing debt to buy Bitcoin since 2020 and that’s the exact same thing that GameStop is doing. But there’s a key difference. Strategy has largely strapped its share price to the performance of Bitcoin. So much so that the market has been feverishly buying the stock as a way to get exposure to Bitcoin (on steroids). For GameStop, it’s too late for that. Shares of Strategy are trading at less than 2x the value of its Bitcoin holdings. GameStop, in contrast, has appealed to investors for its stack of cash (besides the speculative bonanza) with $4.8 billion in dry powder ready to be deployed. The stock is trading at more than 2x its cash holdings and the cash-to-Bitcoin conversion is likely to dent that performance and trigger some outflows. And that’s how the company puts its premium at risk. So is it safe to say that GameStop is looking to spark a share-price rally by following MicroStrategy’s lead? Maybe. But the exposure to Bitcoin also comes at a perilous time for the cryptocurrency industry. Bitcoin is down 10% on the year and more than 25% from its all-time high of $109,000 to hover around $84,000 a pop. Can the Bitcoin philosophy reel GameStop out of the slump? Or will it drag the bottom line and chip away at whatever’s left of the bruised valuation under $10 billion? You be the judge — share your thoughts in the comment section!
NYSE:GME
by TradingView
11
Trade the Yellow Level​The Yellow Level of 21.37 acts as a key inflection point for GME since 2022.In May 2024, GME's stock experienced significant volatility (The Hiccup), closing the month at $23,14 - close to the Yellow Level. Similarly: June 2024 closing price: 24,69; July 2024 closing price: 22,67; August 2024 closing price: 23,42; September 2024: this is where things get interesting. On September 11th, the price was hammered below the critical support level of 21,37 - and spent 7 trading days below that level, then immediately reclaimed it on September 20th. This level was lost on 7th of October, an attempt to breakout was made in between 14th and 18th of October, and the price got hammered again. Another breakout was attempted on 25th of October and confirmed on 4th of November. It's been over that level until 27th of March, when a short ladder attack happened. The level held firm, briefly falling under 21,37. The Yellow Level is crucial for GME: 1) The stock has tested The Yellow Level previously, making it a potential demand zone where buyers might step in. If it holds, a reversal upwards could be on the table. 2) If GME bounces off 21,37, it could trigger bullish momentum, pushing it toward 34,20 and higher; 3) If GME breaks below 21,37 and confirms it as resistance, it could go as low as 18,66 4) Trading volume always spikes around this level, it confirms that market participants view it as meaningful support. Check volume on March 27th. The Yellow Level isn’t just a number—it’s been a decision point since at least 2022. How GME reacts here will determine the next wave of momentum, so watching for price action and volume is crucial now.
NYSE:GMELong
by Neuromeat
3
NOT/USDT: The Reversal PlayThis chart reveals a high-conviction bottoming pattern for NOT (Threshold Network) that smart traders are positioning for now. After a prolonged downtrend from December 2024 highs, NOT has formed a critical double bottom at $0.00225 with clear accumulation signs. The recent breakout from the horizontal resistance (orange line) at $0.003 signals the start of a powerful reversal move. Technical Setup: - Double bottom formation completed - Volume increasing on breakout candles - Entry triggered at $0.00273 - First target: Previous structural resistance at $0.0056 (+100% potential) - Projected wave structure suggests impulse move forming Why This Matters: NOT has been severely oversold, dropping 78% from December highs. The current technical structure shows smart money accumulation before a major sentiment shift. The projected move targets a retest of the $0.0056 zone by May, which would represent a clean 100%+ gain from entry. The setup shows multiple higher lows forming, confirming trend reversal. This isn't just another bounce - the technical structure suggests the beginning of a new bullish cycle after completing a textbook correction phase.
Long
by ONE1iMPACT
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed sharply lower, forming a long bearish candlestick, as recession fears intensified. The index fell toward the lower Bollinger Band on the daily chart, while the MACD moved closer to the signal line, indicating a correction. On the weekly chart, the Nasdaq faced resistance slightly above the 5-week MA, forming an upper wick and closing lower. The MACD is falling steeply, and the signal line is also in a downtrend, suggesting the potential for an overshooting move downward before forming a bottom. From a daily perspective, key support zones to watch are around 19,000 (first level) and 18,500 (second level). The MACD has not yet crossed below the signal line, but if a bearish crossover (death cross) occurs, a strong third wave of selling pressure could emerge. Therefore, caution is advised for long positions. However, since the MACD has not yet confirmed a bearish crossover, there is also the possibility of a rebound off the signal line. It is crucial to wait for a confirmed trend reversal before taking long positions. On the 240-minute chart, strong sell signals have emerged, leading to a steep decline. The current price action resembles the movement seen on February 21, but since the bottom is not yet clear, it is best to adopt a conservative approach. For short positions, the 3-day moving average can be used as a reference level. For long positions, the lower Bollinger Band may provide a short-term buying opportunity. As today marks the last trading day of the month, watch closely to see if the Nasdaq reaches the 20-month MA or ends the month with a lower wick. Crude Oil Oil closed lower, facing resistance at $70. It has fallen back below the 5-day MA, trapping the price within a range-bound structure. On the weekly chart, oil was rejected at the 10-week MA, and since the MACD has not yet formed a bullish crossover, there is a chance that oil could retest its previous double-bottom level. A consolidation phase between the 5-week and 10-week MAs appears likely. On the daily chart, as the price corrected, the MACD began converging with the signal line. If oil retraces to around $68, a short-term buying opportunity may arise. For oil to resume its uptrend, it needs to pull back toward $68, rebound, and break above $70 with strong momentum. However, this move would likely require a global catalyst. On the 240-minute chart, both the MACD and signal line remain above the zero line, suggesting a higher probability of a rebound and a golden cross formation. Overall, the best approach is to focus on dip-buying opportunities during this phase. Gold Gold closed higher, breaking to a new all-time high on the daily chart. Last week, there was a possibility of a pullback toward the 5-week MA, but the MACD has turned upward, surpassing its previous high, reducing the likelihood of a bearish divergence and increasing the probability of further upside. However, since gold has not yet tested the 5-week MA, a short-term correction remains a possibility. On the daily chart, buying opportunities were available at the 3-day MA following a strong bullish candle. A pullback to the 5-day MA within the next few days remains possible, and if this happens, it could present another dip-buying opportunity. Based on wave analysis, gold could target around 3,216. To confirm this upside scenario, the daily chart must show stronger bullish momentum, eliminating the risk of MACD divergence. On the 240-minute chart, gold has been experiencing strong upward momentum, making it a buy-on-dips market. However, for a more comfortable long position, the MACD needs to exceed its previous peak. Overall, a long-only strategy remains preferable. For short positions, it is difficult to pinpoint the exact peak, so strict stop-loss management is essential. This week, key economic events include the ISM Manufacturing & Services PMIs and Friday's U.S. jobs report, which could increase gold's volatility. Stay cautious. Today marks the final trading session of March. Tariff-related news and gold’s record highs indicate rising market volatility. Stay adaptive to the market’s movements and trade safely as we close the monthly candle. Wishing you a successful trading day! If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!Short
by Futureguard
10
Trade for XAUUSD (GOLD) Today Okay here's my trade i took with gold earlier. My target was a 1:3R and my idea came from combination of my multi timeframe analysis. From Daily i go down to 1H tf for more info then go down to 5m tf for my final entry. For this week i can see Gold retrace going towards the Daily BISI below and since today is Monday, i am expecting price to go up first and liquidate before it will reverse going down. So once i saw that in 5m tf that price went towards the 200 EMA i monitored price and saw that price was rejected and respected the 200ema in 5m tf which is also aligned to the 1H tf level of change in state of delivery. So to make it clear, price respected 200ema at the same time respected and was rejected by the 1H order block so with this combination of ideas i came up with my final decision to enter a LONG entry. It was a fast and smooth trade...
ICMARKETS:XAUUSDLong
by alfoxDayTrader
2
Bitcoin at a Crossroads: Next Week's Long Trade Plan - Key Insights: Bitcoin is positioned at a critical juncture. Its price movement will depend significantly on maintaining support levels amidst market volatility. Despite economic turbulence, increasing institutional interest, particularly from BlackRock and Fidelity, presents a promising long-term outlook. Regulatory developments are likely to provide a more stable growth framework for cryptocurrencies. - Price Targets: Based on current insights, aims for next week are as follows: T1 = $88,500, T2 = $92,000. Stop levels to safeguard your position should be set at S1 = $81,000 and S2 = $79,000, ensuring risk is managed if market conditions turn unfavorable. - Recent Performance: Bitcoin's recent activity is marked by struggles akin to tech stocks, displaying increased volatility and correlation with broader equity markets, particularly due to international tariff tensions impacting investor sentiment. - Expert Analysis: Experts highlight the importance of Bitcoin sustaining above its moving averages to potentially reach a blowoff top, while current policy and regulatory efforts are seen as an opportunity for enhanced market stability and innovative growth in the cryptocurrency sector. - News Impact: Scheduled international tariffs on April 2nd are expected to introduce volatility across financial markets, a factor that could affect Bitcoin's performance. However, the notable entry of institutions like BlackRock into the cryptocurrency domain signals significant confidence in the market's future, despite ongoing economic and geopolitical challenges.
BITSTAMP:BTCUSDLong
by CrowdWisdomTrading
Long Next Week: Crude Oil Set for Potential Price Recovery - Key Insights: Crude oil sees potential upward momentum with prices trading above the 8-day moving average. Market sentiment favors short-term recovery despite mid-level volatility due to geopolitical tensions and supply-demand dynamics. Analysts emphasize crude oil's undervaluation and opportunities due to supply constraints and potential oil production peaks by 2025. - Price Targets: Next week targets aim for a recovery from the current level. Tight stops and returns provide a trading framework. - T1: $71 - T2: $72 - S1: $67 - S2: $66 - Recent Performance: WTI crude oil is trading around $68, with predictions suggesting a pullback to $67 before potentially rising. Trading above its 8-day moving average suggests persisting upward momentum, pending market movement. Market volatility exists due to fluctuating demand-supply dynamics and geopolitical factors, with price support at $64.75 and resistance around $70 to $73.50, indicating critical levels for potential trends. - Expert Analysis: Analysts highlight the undervaluation in commodities, including crude oil, suggesting investment opportunities as the energy sector benefits from supply constraints. Expectations exist for peak oil production by 2025, which could lead to long-term market shortages and volatility. Companies like Occidental Petroleum remain sensitive to price variations, focusing on debt reduction and dividend increases. - News Impact: Geopolitical tensions related to Russian, Iranian, and Venezuelan oil could pressure supply chains and affect price stability. The move towards renewable energy continues to reshape long-term demand; however, robust demand is anticipated until major shifts occur. China's crude oil strategies will significantly impact global supply and price alignment. Monitoring these developments is crucial for understanding future price trajectories in the crude oil market.
NYMEX:CL1!Long
by CrowdWisdomTrading
Bearish Outlook on Dow Jones Amid Corrective Phase- Key Insights: The Dow Jones is currently under bearish pressure with institutional selling prevalent across major indices. The corrective phase is expected to continue, potentially pushing the Dow towards support levels between 39,800 and 39,700. Investors should prepare for market volatility fueled by economic factors like upcoming tariffs, which may slow down potential recovery actions. - Price Targets: Short position advised next week. - Targets: T1 = 39,700, T2 = 39,500 - Stops: S1 = 40,500, S2 = 41,000 - Recent Performance: The Dow Jones recently exhibited a downward trend, filling a gap before moving further downwards similar to NASDAQ and S&P 500. This decline suggests a consistent bearish sentiment is affecting the markets. - Expert Analysis: Experts believe the Dow is in a corrective phase with an eventual rally towards new highs expected post-correction. Current sentiment remains bearish due to worries about tariffs and broader economic challenges, but optimism exists for future recovery to levels above 47,000, hitting as high as 51,000 in bull scenarios. - News Impact: Market sentiments are marred by the anticipation of new tariffs set to unveil on April 2nd. These tariffs could introduce significant volatility impacting both equity and cryptocurrency markets, which will be crucial for investors to closely monitor due to potential negative influences on the Dow Jones trajectory in the near term.
OSE:DJIA1!Short
by CrowdWisdomTrading
Go Long on Euro/USD: Potential Bullish Trend Ahead - Key Insights: The Euro is showing signs of a bullish reversal against the US Dollar. With the Euro/USD pair forming a bullish candle pattern and facing a weakening US Dollar, the currency presents an attractive long opportunity. Focusing on the Euro's interaction with support and resistance levels could reveal further buying potential. - Price Targets: Next week, traders should consider the following targets and stops: - Target 1 (T1): 1.09 - Target 2 (T2): 1.10 - Stop Level 1 (S1): 1.07 - Stop Level 2 (S2): 1.06 - Recent Performance: The Euro/USD pair has recently demonstrated resilience, respecting key support levels and forming bullish reversal indicators. Despite previous bearish trends, there is an observable shift in sentiment as the Euro positions itself for potential gains. - Expert Analysis: Experts predict a strengthening of the Euro, supported by the ongoing bearish trend in the US Dollar Index. Analysts suggest long setups are promising, provided that bullish confirmations—such as price movements above resistance levels—are observed. - News Impact: Economic data releases and central bank policies are critical, as they can significantly influence the Euro/USD pair. The anticipated US Dollar weakness, driven by economic indicators and policy changes, could enhance the Euro's strength and create favorable trading conditions for the Euro/USD.
Long
by CrowdWisdomTrading
Long for Gold: Seizing Safe-Haven Opportunities Next Week -Key Insights: Gold is maintaining its robust uptrend as it benefits from global economic uncertainties, making it a favored safe-haven asset. Investors are moving towards gold due to geopolitical tensions and a volatile stock market. The precious metal's performance is strong compared to other sectors, with a bullish outlook supported by experts and analysts. -Price Targets: For the upcoming week, traders should consider the following targets and stop levels for long positions: T1 at 3155 and T2 at 3220, indicating potential gains. Set your stop levels at S1 of 3080 and a more conservative S2 of 3050 to mitigate risks. -Recent Performance: Gold has showcased a strong and consistent uptrend, distinguishing itself amidst broader market volatility. Its appeal as a safe- haven asset has attracted investor interest, particularly as geopolitical tensions and trade developments influence market dynamics. -Expert Analysis: Analysts maintain a bullish perspective on gold's trajectory. Despite warnings of possible corrections if certain resistance levels are met, the overall sentiment is optimistic. Experts emphasize the strength of gold in current economic conditions, underscoring its appeal. -News Impact: Ongoing trade war developments and geopolitical tensions are significantly impacting gold prices, reinforcing its position as a safe haven. Investors are advised to stay informed about tariff changes and policy shifts, which can influence demand and drive price momentum. In conclusion, gold remains in a favorable position, driven by persistent economic uncertainties and investor flights to safety. Targeting the specified levels can optimize outcomes for those positioning long in the market next week.
COMEX:GC1!Long
by CrowdWisdomTrading
Go Long on Meta: Navigating Tech's Resilience - Key Insights: Meta demonstrates resilience amidst tech sector volatility. With key support levels holding, it presents a potential opportunity for bullish positions driven by sector recovery expectations and macroeconomic conditions. Pay attention to regulatory impacts and earnings reports which could sway investor sentiment. - Price Targets: For a long position, aim for T1 at $600 and T2 at $630, maintaining stops at S1 of $550 and S2 at $540 for risk management. These levels align with market sentiment and technical analysis, offering a pathway for potential gains. - Recent Performance: Meta has maintained its structural support despite broader market challenges affecting the tech sector. While facing downturn pressures alongside large-cap tech stocks, it shows robust technical setups and the ability to hold critical support levels. - Expert Analysis: Experts highlight Meta's sensitivity to macroeconomic factors and sector-specific challenges. Attention is on its technical levels, especially around the 200 SMA, ensuring momentum is preserved. Regulatory developments in the social media space and ByteDance's strategic moves could influence Meta. - News Impact: Upcoming earnings reports and regulatory issues surrounding TikTok may affect Meta's market dynamics significantly. These events are poised to shift investor focus, potentially impacting privacy and geopolitical sentiments within the tech sector. Meta's upcoming earnings have the potential to either affirm or shake up bullish sentiment further based on financial health and growth prospects.
NASDAQ:METALong
by CrowdWisdomTrading