Still short goldBros, after gold continued to rebound to around 2893, it encountered resistance and fell back in this position area many times, which consumed the bullish momentum to a certain extent. This position area happens to be the 50% segmentation area from the high point of 2956 to the low point of 2832. So if gold fails to break through this area many times, it will hit the morale of the bulls to a certain extent.
In addition, although gold rebounded to the 50% retracement position area in one go, which exceeded my expectations to a certain extent, it did not form a solid structural support after touching around 2832. The technical pattern of "single needle bottoming" alone cannot support gold to continue to rebound and break through the key resistance area. Therefore, on the technical level, gold still needs to continue to step back and confirm support.
So in the short term, I am still willing to try to short gold. The upper resistance area is in the 2895-2905 zone, and the lower support area is in the 2875-2865 zone.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
Candlestick Analysis
Nasdaq 100: 200DMA Showdown—Bounce or Breakdown?Nasdaq 100 futures haven’t closed below the 200-day moving average for nearly two years. However, after delivering a key bearish reversal candle on the daily timeframe—and with RSI (14) and MACD still flashing bearish momentum signals—that streak may soon come to an end.
Given the market’s history of aggressively bouncing from the 200DMA, near-term price action around this key level could offer clues on longer-term directional risks. That view is reinforced by rising volumes accompanying the latest pullback, along with the proximity of minor horizontal support at 20,400—there are willing buyers around with a platform for a bullish reversal already in place.
If the 200DMA holds firm throughout Tuesday, bulls could look to enter longs above with a stop beneath for protection. Potential upside targets include 21,000 and 21,420.
Alternatively, if the price were to close beneath the 200DMA, the setup could be flipped with shorts initiated below with a stop above for protection. Buyers were lurking beneath 20000 in the runup to the U.S. Presidential election, making that a downside level of note. A tougher technical test awaits around 200 points lower where major uptrend support dating back to early 2023—essentially the start of the AI rally—comes into play.
Good luck!
DS
GBPUSD SHORT Market structure bearish on HTFs DH
Entry at Both Daily and Weekly AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Previous Daily Structure point
Around Psychological Level 1.26000
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 5.14
Entry 100%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
EURUSD Short Idea. Last week there were 3 strong bearish days on OANDA:EURUSD , leaving an imbalance behind and a Weekly bearish candle. Today, as I find it with a strong bullish movement from the open and London, I keep my eyes on shorts. This move might just end up being the weekly top wick, as nothing goes up or down in a straight line.
I found an imbalance with, what I perceive as, liquidity nearby. With a red folder news coming up at 10:00am NY time, it might reach it. Let's wait and see. This is my thought and move for today. For now.
Healthcare Is Leading the Market This YearBelieve it or not, healthcare is the top performing sector so far in 2025. (It’s up about 9 percent, according to TradeStation data. That puts it fractionally ahead of financials.)
Today’s chart of the SPDR Select Sector Health Care ETF highlights some potentially interesting patterns.
First is the rally from January 3 (first Friday of the year) through February 5. XLV pulled back to retrace almost exactly half the advance, which may suggest direction is pointing upward.
It has also been fighting potential resistance at its 200-day simple moving average (SMA), but closed above it on Friday.
Speaking of Friday, the fund initially fell below Thursday’s low. It then bounced and cleared the previous session’s high. Is that bullish outside candle a sign of animal spirits?
XLV also had its highest weekly close since early November.
Finally, the 8-day exponential moving average (EMA) has stayed above the 21-day EMA. Such price action may be consistent with a short-term uptrend.
Standardized Performances for the ETF mentioned above:
SPDR Select Sector Health Care ETF (XLV)
1-year: +4.62%
5-years: +48.15%
10-year: +114.50%
(As of January 31, 2025)
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EURJPY: Gap is Going to Close 🇪🇺🇯🇵
There is a nice gap up opening on EURJPY.
The formation of a bearish engulfing candle
after a test of the underlined resistance indicates
that the gap is going to be filled soon.
Goal - 156.3
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GOLD (XAUUSD): Classic Bearish FormationI believe 📉Gold has the potential for further downside.
On the intraday chart, the market has been consolidating within a broad horizontal range for some time.
A break below the support level signals strong bearish momentum, and the price is now retesting the previously broken support.
I expect a potential decline toward the 2840 support level.
Silver Embarking on Bullish Reversal?Silver’s bearish wedge breakout may have run its course, with Friday’s rebound from key support at $31.00—where the 50DMA and former resistance converge—suggesting a potential shift in direction. While MACD hasn’t confirmed it yet, RSI (14) has broken its week-long downtrend, hinting at a turn in momentum.
With price action firming and Friday’s hammer candle flashing a bullish signal, the near-term bias has tilted higher. That case would strengthen further if silver adds to gains on Monday, completing a morning star pattern in the process.
A quick glance at the chart shows silver’s tendency to gravitate toward big and half-big figures, putting $31.50, $32, $32.50, and $33 on the radar for those considering longs. Aside from the first, they screen as potential targets depending on risk tolerance. A stop beneath $31 offers protection against a reversal.
Good luck!
DS
GOLD (XAUUSD): Classic Bearish SetupI think that 📉Gold has the potential to continue falling.
The market has been consolidating in a wide horizontal range for some time on an intraday chart.
Breaking below the support level is a strong signal of bearish momentum.
The pair is currently testing the previously broken support level.
I anticipate that the price could potentially fall to the 2840 support level.
BEARS ARE TRAPPED - $2990's SOONAs illustrated, Im visualizing a strong beginning to a historical bullish MARCH.
On average in 15, 10, and 5 years, MARCH has been mostly bullish.
To anticipate a bullish march, FEB must make sense and leave a few clues that could indicate a healthy setup for a potential buy opportunity.
In this case, FEB made a natural correction toward the end of the month which makes total sense and it is completely appropriate and necessary to setup March for what COULD be next:
A STRONG BULLISH MARCH that could potentially take the yellow metal to see $3,000 USD/Oz for its first time in history.
The setup looks beautiful; with a bullish engulfing candle closing above previous candles, and such bounce having taken place below a major daily support and very near FEB's breaker block that served as a major support - trampoline level for the month (of February) to expand so strongly.
Market has grabbed liquidity at a discount price level, below the 50% retracement of the expansive move of FEB; yet another positive sign of a potential continuation to the upside since: THE TREND IS YOUR FRIEND .
I could be off in my timing by 1 week; maybe 2 AT MOST..
But there will be a continuation simply because the demand for gold just keeps rising with all the BS going on around the world + USA's insane tariffs THAT COME INTO EFFECT IN MARCH ... JOIN THE DOTS @!#$% ...
--
GOOD LUCK!
YM (March 2025) - End of February Analysis- Closed out this month bearish, tickling all time highs but with more uncertainty than ever before. Februarys price range closed inside the previous monthly range
- 42605 bullish monthly order block in my scopes
- Playing the short term ranges going into March is the best solution as the monthly timeframe is indecisive
NQ (March 2025) - End of February Analysis- Feb candle gapped lower, rallied and attacked January’s monthly highs before closing inside of the lower encroachment of Jan’s wick low and close. Indicates weakness
- Efficient delivery to the upside means I can rely on the last up-close candles as a PD array to expect price to support it to the upside
- Monthly bias closed bearish
ES (March 2025) - End of February Analysis- 5807 monthly bullish order block pending if we see downside movement
- 1 month FVG // BISI @ 5669 – 5724 of interest if we are to close below 5807
- Februarys high created new all-time highs but price quickly declined shortly after. Suggests short term weakness- Monthly bias was bearish as ES has closed bearish this month
ZB1! - End of February Analysis- Monthly bullish order block has held up well, supporting the bullish narrative of price drawing up to 120.00
- Monthly candle closed convincingly above the 3 month rejection block @ 117.08.
- Monthly volume imbalance rests a little higher than where the monthly buyside liquidity pool is @ 120.25 – 121.23. Buyside rests @ 120.18 and this is the draw that I am looking forward to going into this months price action
- October 2024’s monthly candle prints a SIBI and this is also a area to study. Many confluences in this area making it high probability for a bullish draw. Bullish delivery with bonds mean bearish delivery for US10Y.
- Successful projection of February's draw on liquidity
₿TCTo all my supporters of yesterday's SHORT idea; It's sad but it happens, we fell short of sellers to drop the price lower than 78,200.2 Yesterday Fri 28. hence no profit from my SHORT position yesterday.
I see a trend change to the upside but I am counting on price to drop this weekend before continuing up. Support if you're with me let's flow with the trend.