Fibonacci
Long Gold AgainWe just bought gold near 2632, and then gold rebounded above 2643. I just closed our long position near 2642 and easily earned 100 pips.
At present, gold has fallen back to around 2626. Although we just missed the opportunity to short gold, when gold falls back, as long as gold does not fall below the 2625 line, I think the gold fall is still an opportunity to go long on gold, so I just went long on gold again near 2628. I think we should be able to make at least another 100 pips profit. Anyway, wish us good luck!
Bros, have you gone long on gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Aurora Innovation, Inc. (AUR): A Pioneer in Autonomous Vehicles Aurora Innovation, Inc. (AUR) is a leader in the autonomous vehicle space, focused on developing cutting-edge self-driving technology for the transportation industry.
Looking at the stock chart, we see a confirmation bar with increased volume, signaling strong investor interest. The stock is currently trading above the Fibonacci .236 support zone, which is considered a positive sign for potential upward movement.
The indicators used to analyze the chart are the Fibonacci Snap Tool and the Momentum Zones indicators, both available in the indicator search tab. These tools help identify key support and resistance levels, as well as momentum shifts in the stock’s price, providing valuable insights for making informed trading decisions.
Aurora Innovation, Inc. (AUR) offers a suite of products, including its autonomous driving software and hardware, which are designed to be integrated into a range of vehicles, from trucks to passenger cars. Aurora's mission is to revolutionize the way people and goods move by creating safer, more efficient transportation solutions through automation.
The main drivers of growth for Aurora Innovation include the rapid advancements in artificial intelligence and machine learning, the increasing demand for autonomous driving solutions, and partnerships with major industry players in automotive and logistics. As the world moves toward self-driving vehicles, Aurora is well-positioned to capitalize on these changes and drive growth in the sector.
Finally the end of the bear, start of the bull?Hello hodlers,
hello traders,
i used the same title back in 2020:
And " searching the bottom " is finally over.
My last update was like:
" Third time this year, we try to get above 30k.
Until proven otherwise, we are in a bear... "
Dont get me wrong!
It is possible & will be in the future...
Even if we are in the bull now,
we could see big retracements!
I show in this chart a potential time and price for our next sell zone.
Last time after the breakout it took 44 weeks.
This is where the red box is starting.
Last time we hit the FIB 2.618 level and more.
But we now, every time it will be less explosive.
I slowly will start at FIB 1.618 with my sells.
How you already filled your bags, but if not.
Dont buy now, after several green weeks in a row.
Wait for the next 20-40% correction.
Good luck everybody!
Bearish XAUUSD After Reaching Monthly 4.236 Fibonacci ExtensionXAUUSD has been on an epic 23 year bull run climbing over 1000% since the turn of the 21st century. The $850 high in 1980 crashed to a $252 low in 2001 signalling the end of a 21 year long bear market for Gold. The 4.236 fibonnaci extension between these points indicated the current bull run would reach $2785 before crashing. Gold met this prediction with a margin of just $5 when it hit $2790 on 31 October 2024. A replica of the 70% crash in the 80's and 90's would pull gold down back down to $850, retesting it's ATH of 1980.
Significant short positions have been opened.
XAUUSD RALLYING?We can start off by saying Gold has been beautiful this year for bulls, to think that we would reach 2600 wow, i know there are some bears who had a rough year. Back to the analysis, assuming gold is overbought would be very bad, more than often the markets do what we do not expect. Looking at the current price i would love to see a deeper correction and look for a long positions as indicated on the chart first jab would be at 2530 and the second attempt at 2484. Hopefuly the election will make investors flock to buying Gold in fear of the dollar sliping during elections. Thats it from my side
Nasdaq TOO BULLISH?We just shy of the 50% retracement on the daily at 19000 i do think we still have a chance to see a bullish move up to 21300 level area. This is based of technicals there is a need a need to go over the big company earning and the Nas perfomance historically for the specific month.
GOLD → Consolidation before a strong movement. But where to?FX:XAUUSD continues to consolidate and we have questionable preconditions that indicate both a possible fall (fundamental background) and growth (technical background).
Gold is holding back after Fed Chairman Powell's speech:
The US economy is in remarkably good shape.We are moving very quickly with rates.
"I am very pleased with where monetary policy is right now"
Unemployment is still very low and progress is being made in fighting inflation
The focus remains on the jobless claims data and NFP at this time
Technically, the focus is on consolidation in a locally rising channel format. A price exit from the channel in either direction may be accompanied by a strong impulse.
Resistance levels: 2655, 2660, 2688
Support levels: 2636, 2620, 2605
Two scenarios due to mixed and stalemate situation:
black: Powell commented on the situation as strong enough for the US market, accordingly, gold is forming a consolidation in a flag format, which is technically a pattern for a continuation of the fall.
blue: On D1 there are prerequisites for local growth. If the price breaks 2655, then 2660, the growth may continue to the zone of interest 2688.
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
STELLAR BULLISH MOMENTUM-XLMCRYPTO:XLMUSD
XLM Continuation Rally: An Analysis
Bullish Arguments:
PMH (Previous Monthly High) disrespected
PML (Previous Monthly Low) disrespected
Weekly Bullish FVG respected
PWL (Previous Weekly Low) disrespected
PWH (Previous Weekly High) disrespected
PDL (Previous Daily Low) disrespected
4H swing low disrespected
4H Bullish FVG respected
Bearish Arguments:
PDH (Previous Daily High) respected
4H swing high respected
Bullish 81.82%- Bearish 18.18%
Trade Management:
This setup involves high risk and requires close monitoring of price action. Use a tight stop-loss (SL) to manage risk, and aim for a take-profit (TP) near the 2021 ATH zone. Staying alert to market movements is critical for this trade
The bulls are not completely defeated, go long gold!Brothers, gold has fallen sharply to around 2635 in the short term, which seems to have broken the recent range of fluctuations. So are the bears really coming? Have the bulls completely failed in the struggle between the long and short sides?
Although gold seems to be falling rapidly in the short term, the bulls still have a certain degree of resistance and will not be completely defeated immediately. I have just reminded that it is difficult for gold to have a sustainable market before the NFP market. So the short-term decline of gold is probably a fake move to trap more short positions of short gold at low levels. So I think before gold falls below the 2630-2625 area, we must be particularly careful about the counterattack of bullish energy, and we cannot blindly chase short gold.
So in terms of trading, we can try to go long on gold in batches in the 2635-2625 area. Wish us good luck!Bros, will you follow me to do more gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
#BTC - Bitcoin to $100K - What's Next? Major milestone for #BTC hitting $100K
After a short correction we saw a break to the long awaited $100K
Why I believe a sweep below is in the forming for the nex 5-10 days:
The highest liquidity was above 100K, it got swept
Price retraced to 60%, then extended to the current zone with forming a HTF FVG
Given the liquidity now is way low, it needs to extend a bit more to the 1.382 - 1.618, which is a deviation, form some liquidity then trick everyone that we'll continue to 110-115k
Plenty of retail will now go long on it given it passed the psychological barrier - will attract even more late longs
the #TOTAL market cap is already extended and the funding rates are heating up quite fast
Be on the lookout, take some profits if possible and prepare for the next leg up in around a week!
Filecoin FIL price when will growthThe “dinosaur” of the CRYPTOCAP:FIL crypto market that hasn't fired yet this season. We hope that #Filecoin was left to savor its growth in season 2!)
1️⃣ And now the price of OKX:FILUSDT should reach at least $10-12
2️⃣ Then correction
3️⃣ And on the 1001st day of consolidation, start a powerful growth from $5 to at least $25-40, and better to $200+
What do you think?)
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BTC broke $100,000!!!!Hello everyone, I invite you to review the current situation of BTC in pair to USDT on a 4-hour interval. As we can see, the price with a strong upward movement left the triangle in which we were moving.
The upward exit from the triangle provided the energy to break through $100,000 and currently we are approaching the resistance at $106,257, only when the price goes further will we be able to see a move towards $114,000.
However, if the current upward movement reverses, the support zone from $101,000 to $98,700 should be observed. However, when the support zone is broken, we can see the price quickly return to the level of $95,400 and then drop to around $90,000.