ENIC, 1W Trend Reversal Setup and Breakout AnticipationOn the weekly chart of ENIC, a broad expanding triangle formation transitioning into a base accumulation structure is visible. The price is now approaching a critical resistance zone around $3.90–$4.00, an area that previously triggered major reversals. Currently, the market is consolidating just below this resistance, forming a platform for a potential breakout and retest.
Technical structure:
- EMA 50, EMA 100, and EMA 200 are starting to converge, signaling the potential for a bullish crossover — a key indicator of mid-term trend reversal.
- The 0.618 Fibonacci retracement at $3.25 has been broken and price is stabilizing above it, reinforcing the bullish setup.
- Higher lows and higher highs have been established — a clear early sign of a new upward trend.
- Volume during the consolidation phase remains stable without signs of heavy distribution or capitulation.
Fundamental analysis of Enel Chile:
- Sector: Energy, Renewable Energy Transition
- Enel Chile is aggressively expanding into green energy, reducing its coal generation portfolio and investing heavily in solar and wind projects.
- Financials: The company maintains stable dividend payouts and holds a manageable debt-to-cash-flow ratio.
- Chile’s national energy policy shift towards renewable energy and international demand for clean energy solutions provide strong long-term tailwinds.
- Global trends favor companies with sustainable energy models, positioning Enel Chile strategically for growth.
Structural targets:
After a successful breakout above $3.90 and a retest confirmation, the next upside targets are:
- $4.61 (0.382 Fibonacci retracement)
- $5.45 (0.236 Fibonacci retracement)
- Extended channel and Fibonacci target: $6.81
Enel Chile (ENIC) is building a mature base structure for a long-term bullish reversal. A confirmed breakout above $3.90, combined with bullish EMA alignment, would unlock a strong upside scenario toward and beyond $6.00. Both technical formation and fundamentals strongly support this outlook. This is a structure you don't want to miss.
Buysignal
US30 – Monthly Market Structure Analysis (April 2025) – OLHC BUY
As we analyze the monthly structure of the US30 index for April 2025, several key technical developments and strategic insights are worth noting:
1. Monthly Low Established:
The price action for this month has thus far established a significant low, indicating a potential bottoming pattern that may signal the beginning of a bullish move.
2. Key Support Level and First Rejection:
A strong bullish rejection was observed at the 37,000 level, which has proven to be a substantial support zone. This level held firmly, suggesting strong buyer interest and institutional accumulation.
3.Target Projection:
My primary take-profit target for this upward move is projected at **41,834.42** , which aligns with higher timeframe resistance and Fibonacci extension levels. This offers a favorable risk-to-reward scenario for long entries.
4. Waiting for Confirmation:
At present, I am closely monitoring price behavior near a **minor support zone**, where I anticipate another rejection that could provide the ideal entry signal for initiating buy positions. Patience remains key as we await further confirmation.
5. Strategic Considerations:
- Risk Management: Traders are advised to apply proper risk management protocols. Avoid over-leveraging, and ensure your trade size is appropriate to your account equity.
- Discipline: Do not rush into trades. Wait for solid confirmation signals, such as bullish candlestick patterns or momentum shifts, before committing capital.
- Market Conditions: Be aware of upcoming economic events or fundamental news that may impact US indices, and adjust your strategy accordingly.
6. Community Engagement:
If you found this analysis insightful and aligned with your trading view, feel free to like, share, and follow for more structured market updates and trading ideas.
Let’s trade smart, stay patient, and manage risk with precision. All the best this month!
continue to grow, conquer new ATH, XAU⭐️GOLDEN INFORMATION:
US economic data delivered mixed signals. Import prices stayed subdued, while the New York Fed Manufacturing Index outperformed expectations, with several internal components also showing strength. However, inflationary pressures resurfaced as prices paid climbed back into expansionary territory, and the six-month business outlook showed signs of weakening.
Looking ahead, gold traders will closely monitor March Retail Sales and remarks from several Federal Reserve officials, particularly Fed Chair Jerome Powell’s speech on Wednesday. Additional focus will be on upcoming housing figures and weekly Initial Jobless Claims to gauge the broader economic landscape.
⭐️Personal comments NOVA:
After accumulating at the beginning of the week, gold price started to grow strongly reaching 3275 and will continue to move towards the new ATH zone.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3288- 3290 SL 3295
TP1: $3270
TP2: $3250
TP3: $3235
🔥BUY GOLD zone: $3167 - $3165 SL $3160
TP1: $3180
TP2: $3200
TP3: $3220
⭐️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
sideway, keep waiting for new ATH 3271⭐️GOLDEN INFORMATION:
The US Dollar (USD) continues to face headwinds, failing to mount a meaningful rebound from its lowest level since April 2022, hit last Friday. Lingering concerns over the economic consequences of sweeping tariffs have fueled recession fears, while growing expectations that the Federal Reserve (Fed) will soon restart its rate-cutting cycle keep USD bulls on the back foot. This environment continues to favor the non-yielding Gold, offering support to XAU/USD. However, a temporary tariff reprieve announced by President Trump has helped lift overall market sentiment, potentially limiting further gains in bullion.
⭐️Personal comments NOVA:
No news at the beginning of the week, gold price is sideways waiting for price increase and continue to create new ATH
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3271- 3273 SL 3277
TP1: $3260
TP2: $3250
TP3: $3240
🔥SELL GOLD zone : 3244- 3246 SL 3250 scalping
TP1: $3240
TP2: $3230
TP3: $3220
🔥BUY GOLD zone: $3189 - $3187 SL $3182
TP1: $3195
TP2: $3210
TP3: $3225
⭐️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
keep aiming for new ATH next week✍️ NOVA hello everyone, Let's comment on gold price next week from 04/14/2025 - 04/18/2025
🔥 World situation:
Gold extended its remarkable rally for a third consecutive session on Friday, surging to a fresh record high of $3,245 amid intensifying US–China trade tensions. The precious metal posted impressive gains of over 2% as fears of a prolonged trade war and its potential fallout on the global economy sent investors flocking to safe-haven assets. At the time of writing, XAU/USD is trading around $3,233.
The North American session saw China retaliate with a 125% tariff on US imports, following President Donald Trump’s move to raise tariffs on Chinese goods to 145%. The heightened geopolitical strain triggered a flight to safety, propelling Gold higher. Further fueling the rally was a sharp decline in the US Dollar, which tumbled to a near three-year low, with the US Dollar Index (DXY) falling to 99.01.
🔥 Identify:
The huge growth shows no signs of stopping, gold prices continue to benefit from tariff policies, continue to find new ATH early next week
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $3255, $3280
Support : $3157, $3070
🔥 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
- The winner is the one who sticks with the market the longest
HOOD daily chart: breakout or fakeout? Key zone approaching.Robinhood's stock has formed a falling wedge pattern on the daily chart, indicating a potential bullish reversal. The price has broken above the 0.618 Fibonacci level at $44.00, suggesting further upside potential. Next targets are $48.40, $52.79, $58.22, and $67.00. RSI and MACD indicators confirm bullish momentum.
Fundamental Factors:
Robinhood continues to show revenue and profit growth, supporting positive investor sentiment. The company is expanding its services and attracting new users, strengthening its market position.
Scenarios:
Main scenario: continued rise to $48.40, then to $52.79 and higher.
Alternative scenario: pullback to $39.71 with potential decline to $36.00.
LONG ON GBP/CHFGBP/CHF Has a Perfect Double bottom pattern at a major demand area.
Price has broken the neckline of the double top and is currently pulling back to sweep liquidity and balance out price at any FVG's (Fair Value Gaps)
Liquidity sits behind the 2 wicks on the double bottom, so price may sweep that BEFORE rising.
Must give you stop loss space behind the wicks to survive the trade.
I have a buy limit order setup to take advantage of the pullback which will place me in the trade at discount price.
From there im looking to catch 300 pips to the previous swing high.
growth - new ATH - gold hits 3246⭐️GOLDEN INFORMATION:
Trump announced Wednesday that tariffs would be temporarily reduced for dozens of countries, offering a short-term reprieve. However, he simultaneously hiked tariffs on Chinese imports to 125% with immediate effect, following Beijing’s retaliatory move to impose 84% duties on US goods. The escalating trade conflict between the world’s two largest economies has reignited concerns over global growth, prompting investors to seek refuge in safe-haven assets like Gold.
“Gold is reclaiming its safe-haven status and appears poised to chart fresh all-time highs,” said Nikos Tzabouras, Senior Market Analyst.
Meanwhile, scaled-back expectations for aggressive Federal Reserve rate cuts could lend support to the US Dollar, potentially limiting gains for the USD-priced metal. That said, traders still anticipate the Fed will begin easing in June, with markets pricing in a full percentage point of rate reductions by year-end.
⭐️Personal comments NOVA:
Gold price continues to increase greatly, the fomo market and attention are focused on the gold investment channel: safe, continue to find new ATH zones
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3245- 3247 SL 3252
TP1: $3230
TP2: $3210
TP3: $3190
🔥BUY GOLD zone: $3168 - $3166 SL $3163 scalping
TP1: $3175
TP2: $3183
TP3: $3190
🔥BUY GOLD zone: $3134 - $3132 SL $3127
TP1: $3145
TP2: $3160
TP3: $3175
⭐️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
LONG ON GBP/JPYGJ has Taken a dive since last week.
The Jpy Index is now over brought and should begin falling.
This will cause most of the XXX/JPY pairs to rise.
EJ, NJ, and GJ all look great for a buying opp.
GJ has a morning star on the 15min TF, I am waiting for price to pullback to the FVG or demand area on the 15min TF before entering long.
This is a sell limit order risking 65 pips to make over 300 pips.
See you at the top.
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
Safe Haven Demand - Gold Makes New ATH 3089⭐️GOLDEN INFORMATION:
This triggered swift responses from global leaders, with Canada and the European Union (EU) vowing to retaliate against President Trump’s trade measures.
In the US, the labor market remains resilient, as reflected in the latest unemployment claims report, while the economy continues to show strength following the release of fourth-quarter 2024 Gross Domestic Product (GDP) data. Although housing data saw some improvement, it confirmed the broader slowdown in the sector.
Meanwhile, money markets have factored in 64.5 basis points of Federal Reserve rate cuts for 2025, according to interest rate probabilities from Prime Market Terminal.
⭐️Personal comments NOVA:
growth, gold becomes a safe haven investment channel. continue to create new ATH
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3088 - $3090 SL $3095
TP1: $3080
TP2: $3070
TP3: $3060
🔥BUY GOLD zone: SCALPING: 3066, 3057
🔥BUY GOLD zone: $3034 - $3032 SL $3027
TP1: $3040
TP2: $3050
TP3: $3060
⭐️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
Bears maintain selling pressure, pressure below $3000⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) faces difficulty in securing strong momentum during Tuesday’s Asian session but remains above the key $3,000 level amid mixed market signals. The US Dollar (USD) sustains its recovery from a multi-month low, hovering near Monday’s three-week high. Additionally, improved risk sentiment—fueled by optimism surrounding a potential Russia-Ukraine peace deal, less disruptive US trade tariffs, and China’s stimulus measures—dampens demand for the safe-haven metal.
⭐️Personal comments NOVA:
Selling pressure from bears continues to cause gold prices to fall and sideways around 3000
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3038 - $3040 SL $3045
TP1: $3030
TP2: $3020
TP3: $3010
🔥BUY GOLD zone: $2992 - $2994 SL $2987
TP1: $3000
TP2: $3008
TP3: $3018
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
When will the gold price adjust down?⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) enter a phase of bullish consolidation near their record high, as traders take a cautious stance ahead of the highly anticipated Federal Open Market Committee (FOMC) policy decision on Wednesday. The consensus widely expects the Federal Reserve (Fed) to maintain the federal funds rate within its current range of 4.25% to 4.50%. Consequently, market attention will be centered on the Fed’s updated economic projections and Chair Jerome Powell’s post-meeting remarks, which could offer crucial insights into the future trajectory of interest rate cuts. These developments will be instrumental in shaping US Dollar (USD) movements and influencing gold’s next directional move.
⭐️Personal comments NOVA:
continue to grow, long term uptrend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3058 - $3060 SL $3065
TP1: $3050
TP2: $3040
TP3: $3030
🔥SELL GOLD zone: $3044 - $3046 SL $3049
TP1: $3040
TP2: $3030
TP3: $3020
🔥BUY GOLD zone: $3004 - $3002 SL $2997
TP1: $3010
TP2: $3020
TP3: $3030
⭐️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
EURCHF is starting to turn upLooks like a trend reversal at last.
1. Strong pinbars from the levels below 0.92 that rob the stops.
2. A broken trend line, higher lows, higher highs
3. it is currently at a very important level,we are watching how it will react and whether it will be overcome.
4. We are now long on a larger time frame.
SRF: Breakout of Symmetrical TriangleA symmetrical triangle is a chart pattern in technical analysis that forms when the price consolidates with lower highs and higher lows, creating a converging triangle shape. This pattern indicates a period of consolidation before the price breaks out in either direction.
SRF stock has already given a bullish breakout. One should go long on the stock with Stop loss below 2550 for the measured target of 3475-80 zone.