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Trade Idea: XAUUSD Short ( SELL STOP )Technical Analysis: • Daily Chart: • Clear strong bullish momentum with price at 2906.68, trending above key moving averages. • RSI at 77.97, indicating overbought conditions, suggesting potential for short-term retracement. • MACD shows strong bullish momentum. • 15-Minute Chart: • Recent retracement from a high around 2932 suggests temporary resistance. • RSI around 55.81, indicating a balanced market, with no immediate divergence signals. • MACD shows waning bullish momentum but still trending positively. • 3-Minute Chart: • Evidence of intraday recovery from the recent drop, with price approaching resistance near 2907. • MACD shows recovery signals, and RSI at 61.07 indicates room for further upside. Fundamental Analysis: • Recent strong gold prices likely driven by macroeconomic uncertainty and possible dollar weakness. • Central bank buying and geopolitical factors remain supportive for gold prices. • However, overbought technical levels may trigger profit-taking. Trade Idea (Short Position - Countertrend): Given the overbought daily RSI and potential for a short-term correction: • Entry: 2905 • Stop Loss: 2920 • Take Profit: 2875 This provides a 2:1 Risk-Reward Ratio (15 points risk, 30 points reward).
FUSIONMARKETS:XAUUSDShort
by KeN-WeNzEl
2
SILVER - Finally Following Gold!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈SILVER has been in a correction phase and it is currently approaching the lower bound of the blue rising wedge pattern. Moreover, the green zone is a strong structure and support zone. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As #XAGUSD approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAGUSDLong
by TheSignalyst
2
Are coffee futures starting to show some signs of correction?With coffee futures soaring this year due to supply issues, we are finally seeing some signs of a possible slowdown in the upwards movement. Is this just a temporary correction, before another possible leg of buying? What do you think? MARKETSCOM:COFFEEC 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
MARKETSCOM:COFFEEC
by Marketscom
Silver is in the Bearish trend after testing ResistanceHello Traders In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET today XAGUSD analysis 👆 🟢This Chart includes_ (XAGUSD market update) 🟢What is The Next Opportunity on XAGUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
TVC:SILVERLong
by ForexMasters2000
1
SPY/QQQ Plan Your Trade For 2-11 : GAP DefenderThe GAP Defender pattern is where price struggles to maintain a recent open GAP - attempting to defend against closing that GAP. In my mind, this is the lower GAP window between 601.30 and 602.75 (yesterday's opening GAP range). If this recent gap is filled, then I suggest the SPY will attempt to move downward (into my Deep-V breakdown) trying to target the lower GAP near 584.29. Watch Gold and Silver as they continue to breakdown. Any big breakdown in metals should be considered a warning sign the markets are moving into a PANIC phase (selling). We have lots of news today (Powell and other Fed members testifying) while we just found out Trump initiated a larger tariff on steel. I believe the strength of the US Dollar will continue to put pressure on global currencies - possibly leading to even more foreign market distress. This may result in a broader global market breakdown over the next 5-10 trading days. Remember, we have the Deep-V pattern setting up this week and another Major Bottom pattern setting up on Feb 21. I interpret this as a dual-breakdown event - where price attempts to move downward and tries to identify solid support. Bitcoin will likely follow this trend downward over the next 5 to 10+ days. Buckle up. It looks like today may be the day my Deep-V breakdown starts to drive prices lower for the SPY/QQQ and other major sectors. We'll see how things play out. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYShort
by BradMatheny
13
GOLD Under Pressure! SELL! My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2903.84 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2880.90 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
OANDA:XAUUSDShort
by AnabelSignals
1
USOIL Set To Grow! BUY! My dear followers, This is my opinion on the USOIL next move: The asset is approaching an important pivot point 70.97 Bias - Bullish Safe Stop Loss - 69.61 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 73.22 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
TVC:USOILLong
by AnabelSignals
1
XAUUSD: Channel Up correcting but will now resume bullish trend.Gold is overbought on its 1D technical outlook (RSI = 71.385, MACD = 54.590, ADX = 56.363) and today's pullback comes as a natural technical correction inside the Channel Up pattern. The 4H MA50 is the short term support and as long as it holds, we anticipate an extension of the bullish wave now that the P1 level (former Resistance) is hit, same to what happened on February 3rd. Aim for a full +5.50% extension (TP = 2,980). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSDLong
by InvestingScope
Gold dips $50 from ATHGold has dropped more than $50 from its overnight high, when it set a new a record at $2942. It is now back below $2900 as rising bond yields and the dollar provides counterbalance to haven demand amid trade wars. At the time of writing, it was testing short-term support near $2880/84 area, where it had previously found resistance, before breaking to new all time highs. But is this a mere dip from severely overbought levels, or a potential turning point? Despite today's reversal, gold remains firmly in an uptrend, consistently setting new highs. However, signs of exhaustion has now started to emerge. Let's see how much of selling pressure will the bears bring here. The price of gold had reached extreme levels amid insatiable demand lately. Indeed, the Relative Strength Index (RSI) was flashing overbought signals across multiple timeframes: the daily RSI was sitting near 78 before today's drop, while the weekly was also above 70 with negative divergence, and the monthly had pushed beyond 79. These levels suggest that a pullback or consolidation may be on the horizon, which may now be underway. However, a clear reversal signal is needed before we can turn tactically bearish. Perhaps, if we see a complete engulfing of yesterday's range, that might be the trigger? Anyway, this goes to show that the overbought RSI conditions serve as a warning for bulls to remain vigilant, and that one should not take anything for granted in trading. By Fawad Razaqzada, market analyst with FOREX.com
FOREXCOM:XAUUSD
by FOREXcom
Gold (XAUUSD) Trade Idea – Short Position ( SELL LIMIT )Based on technical analysis, the price has recently seen a sharp drop after a strong uptrend, indicating a potential reversal or correction. The daily RSI (72.27) is overbought, suggesting downside pressure. The MACD on the lower timeframes (M15 and M3) is bearish, confirming short-term momentum shift. Price action on M3 and M15 shows a lower high and a break of structure, signaling further downside. From a fundamental perspective, if risk sentiment improves (equities rising, DXY strengthening, or bond yields increasing), gold could face additional selling pressure. Trade Details • Position: Short (Sell) • Entry: 2892 (near minor resistance after a pullback) • Stop Loss (SL): 2902 (10 pips above entry, covering recent highs) • Take Profit (TP): 2872 (20 pips lower, respecting 2:1 RRR) • Risk-Reward Ratio (RRR): 2:1 Trade Confirmation 1. Wait for price to retrace to 2892 before entering. 2. Watch for rejection candles (e.g., bearish engulfing or pin bars) on M3/M15 to confirm selling pressure. 3. Monitor fundamental factors such as USD strength, bond yields, and risk sentiment.
FUSIONMARKETS:XAUUSDShort
by KeN-WeNzEl
1
GOLD Is Very Bullish! Long! Here is our detailed technical review for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2,902.777. Considering the today's price action, probabilities will be high to see a movement to 2,977.804. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
TVC:GOLDLong
by SignalProvider
1
Ready for CorrectionGold drops to 2830 to return to its trend line. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TVC:GOLDShort
by CobraVanguard
Xauusd Gold-Bullish Pennant PatternGold is currently forming a bullish pennant pattern, a strong continuation signal indicating potential upward movement. This pattern emerges after a sharp price rally, followed by a brief period of consolidation within converging trendlines, creating a small symmetrical triangle. Key Characteristics: ✅ Strong Uptrend: The pennant forms after a significant bullish impulse, showing continued buyer dominance. ✅ Tight Consolidation: Price is trading within a narrowing range, indicating a temporary pause before the next move. ✅ Breakout Potential: A breakout above the resistance trendline with strong volume could trigger the next leg up. What to Watch For: 🔸 A decisive break above the pennant’s upper trendline may lead to a continuation of the bullish trend. 🔸 Increasing volume on the breakout adds confirmation for a potential rally. 🔸 Key resistance levels above could act as profit targets. If Gold successfully breaks out, we may see a surge toward new highs, offering a great opportunity for bullish traders. Keep an eye on confirmation signals before entering long positions!
OANDA:XAUUSDLong
by Pipsview_Analysis
Crude Oil daily time frame - potential Ascending Channel Crude Oil Futures (CL1!) – Daily Chart Analysis (Feb 11, 2025) 📉 Market Structure: Crude oil is trading within a broad ascending channel, with higher lows forming near $68 and resistance near $80-$82. Price recently bounced from a key support zone around $70-$72, indicating demand in this area. 🔑 Key Levels to Watch: Support: $70-$72 (previous resistance turned support) Resistance: $78-$80 (previous strong rejection area) Major Resistance: $82+ (upper trendline of the channel) 📊 Potential Scenarios: Bullish Case: If price holds above $72, a continuation to $78-$80 is likely. Breaking $80 could lead to a test of the upper channel at $82-$85. Bearish Case: A break below $70 could invalidate the bullish momentum, pushing price towards the lower trendline near $68-$66. 📌 Conclusion: Oil is in a consolidation phase, respecting key levels. Bulls need a breakout above $78-$80 for further upside, while bears would target a breakdown below $70. 🚀🔥
NYMEX:CL1!
by Forexbeats