10/25 ! XAU ! stable trading above 2720XAU / USD trend forecast October 25, 2024
Gold prices rose on Thursday as falling US Treasury yields drove demand for safe-haven assets. Increased tensions in the Middle East and concerns about the US election are supporting gold. At the time of writing, XAU/USD is trading at $2,734, up 0.72%.
Despite improved risk appetite, as seen in Wall Street's positive performance, US labor market data remains strong, contrary to the Federal Reserve's projections, which prompted a 50 basis point rate cut in its last meeting to avoid over-tightening.
Gold price is stable, sideways after a strong increase at the beginning of the week, sideways in the price range of 2720 - 2758
/// SELL XAU : zone 2756-2759
SL: 2764
TP: 50 - 200 - 300 pips (2728)
/// BUY XAU : zone 2710-2713
SL: 2705
TP: 50 - 200 - 300 pips (2740)
Safe and profitable trading
Buysignal
LOGI Logitech International Options Ahead of EarningsAnalyzing the options chain and the chart patterns of LOGI Logitech International prior to the earnings report this week,
I would consider purchasing the 80usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $1.87.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Wake Up on a SPY Trading AnalysisTrading should not be that difficult.
The rules are simple. if you cant make one stick with this ones.
Find a Perfect Entry based on good timing.
Get In
Get Green (Trade with a Stop Loss)
Get out
Repeat the above procedures a million times.
Does not matter how big or small your wins are because they all compounds overtime as long as you are consistent with it.
HTZ Hertz Global: The Top Penny Stock Choice Among Hedge FundsOver the past year, insiders at Hertz Global Holdings Inc. (NASDAQ: HTZ) have been purchasing shares, with CEO Wayne West leading the way. His largest acquisition was a $1.1 million purchase at $4.46 per share.
The stock is now trading at only $3.03!
For a speculative trade, I would consider the $3 strike price calls expiring this Friday, priced at a $0.20 premium.
Strong buy on BitcoinThe price has seen the main break even and made a beautiful pin bar. It works as a strong buy signal. The stop loss is behind the shadow. The last target is the all-time high. As Bitcoin moves, every other coin moves in the same direction, too, so you can have long positions on other assets according to your personal strategy and entry point.
STZ Constellation Brands Options Ahead of EarningsAnalyzing the options chain and the chart patterns of STZ Constellation Brands prior to the earnings report this week,
I would consider purchasing the 240usd strike price Puts with
an expiration date of 2024-10-18,
for a premium of approximately $0.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
GBP/JPY Buy Setup Awaiting Bullish TDI SignalGBP/JPY OLHC buy structure forming for September on the daily timeframe. Awaiting a buy signal once the TDI crosses bullish on the daily chart. My target is 191.750 , which aligns with the Monthly Open.
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CHF/JPY Buy Setup Awaiting Bullish TDI ConfirmationCHF/JPY has formed an OLHC structure, indicating a potential buy setup. Confirmations include a bullish divergence and an Open Low structure on the daily timeframe. Buyers are expected to enter the market once the TDI shows a bullish cross. My target is 171.750.
Please trade with caution, and if you find this analysis helpful, support it with a like, share, or comment.
AUD/JPY Buy Setup Pending Bullish TDI ConfirmationAUD/JPY is showing an OLHC structure, signaling a potential buy setup for September on the daily timeframe. The market has opened low, and we are awaiting strong support to confirm buyer presence. A bullish TDI cross on the daily chart will indicate this. My target after the bullish cross is 98.750.
Please trade with caution, and if you find this idea helpful, support it with a like, comment, and share."
"EUR/JPY Buy Setup Awaiting Bullish TDI Confirmation"EUR/JPY has formed a perfect OLHC structure, indicating a potential buy setup. Buyers are expected to enter the market once we see a bullish TDI cross on the daily timeframe. Key confirmations include a bullish divergence and the OLHC structure on the daily chart. After the bullish TDI cross, the take profit target is set at 161.250 .
If you find this analysis helpful, please support it with a like, share, or comment.
BREAK - NF create new ATH 2700 ?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US Department of Labor reported a slight rise in unemployment claims to 225K for the week ending September 28, up from 218K. This follows stronger-than-expected private-sector job growth in September and an unexpected increase in job openings in August, signaling a resilient labor market. Additionally, the ISM Non-Manufacturing PMI rose to 54.9 in September, its highest since February 2023, indicating solid economic performance in the third quarter.
⭐️ Personal comments NOVA:
Gold price begins to break the downtrend in H1 frame - expect NF to push gold price to continue increasing today
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2625 - $2623 SL $2618
TP1: $2632
TP2: $2640
TP3: $2650
🔥SELL GOLD zone: $2698 - $2700 SL $2705
TP1: $2690
TP2: $2680
TP3: $2670
⭐️ 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
- The winner is the one who sticks with the market the longest
"USD/JPY Buy Setup Pending Strong Support Confirmation"USD/JPY monthly structure is currently exhibiting an OLHC (Open Low High Close) pattern, signaling a potential buy setup. At the moment, we are still following the short-term sell trend until a significant support level is established, which will mark a favorable point for buying. This strong support is expected to form with the appearance of a bullish TDI (Traders Dynamic Index) cross on the daily timeframe.
Currently, two key confirmations are present on the daily chart: a bullish divergence and an Open Low structure. The only element missing for a full buy confirmation is the bullish TDI cross, which will indicate increased buying momentum in the market. My target level for this trade is 145.895 , aligning with the Monthly Open.
Please trade with caution. If you find this analysis helpful, kindly support it with a like, share, or comment.
DE40The German index DE40 has reached a zone where Daily timeframe buyers might step in, with a good chance of driving the price back up.
The signal is to buy, but where to find the exact entry is something that each individual can figure out. I prefer to buy now, with a stop-loss slightly below the daily lows or if you are searching for best R:R, then wait until the price enters even deeper into the zone.
In any case, stay cautious, as NFP could also cause some price fluctuations.
Trade safe!
Long SUI/USDT D1 (x3-x5 potential)Long SUI/USDT. TF D1. Right ticker + right timing.
x3-x5 probably.
Entry - current price level
Target - $2 (x4)
Stop - below PoC level (0.43) with confirmation on D1.
Will start with FA and benchmark analysis of other L1-project (Aptos) which is quite similar:
1/ Decent L1-project with strong backing and recently listed on top-tier CEXs. So, not a lot of locked-in traders/hodlers.
2/ Around 250ml of investments from top-tier VCs (both SUI and APTOS).
3/ APT/USDT made around x5 in January, 2023 right after 4-month post-ICO bleeding period. (According to PA, it was rather possible to take x4 on APT/USDT within 1 month):
4/ SUI is currently at the end of this bleeding.
TA:
1/ Buying volume appeared (green encircled zone) + rising PA.
2/ MA squeeze (EMA 21 and EMA 55)
3/ trending RSI
4/ Price is consolidating above PoC and EMA21 and preparing to make a strong move upwards.