CRUDE OIL (WTI): Classic Bullish Setup
I think that WTI Crude Oil has a potential to continue rising.
The market was consolidating for a while within a wide intraday horizontal range.
Its resistance breakout is a strong bullish signal.
Next resistance - 0.7315
❤️Please, support my work with like, thank you!❤️
Futures
GOLD's rise has been steady, limited by its all-time peakDuring the Asian trading session, OANDA:XAUUSD spot delivery at about 2,930 USD/ounce; Yesterday the price of gold skyrocketed to 36USSD. On this trading day, the Federal Reserve meeting minutes are expected to cause major volatility in the gold market.
On Tuesday, as US President Trump's tariff plan sparked market concerns about US economic growth, funds poured into the gold market in search of a safe haven. Spot gold closed up 36.28 USD, equivalent to 1.25%, at 2,934.87 USD/ounce.
The Federal Reserve will release the minutes of its January monetary policy meeting at 02:00 Hanoi time on Thursday. The market expects more information from the minutes on how decision-makers assess the risks of a global trade war that could be triggered by Trump's tariff policy.
Last week's data showed the US consumer price index (CPI) rose at its fastest pace in nearly 18 months in January, reinforcing the Federal Reserve's stance that it is in no rush to cut interest rates.
The minutes will be closely scrutinized for clues about the Fed's path forward, especially in light of recent data showing solid price growth, weak consumer sentiment and weaker-than-expected retail sales.
If the Fed meeting minutes have a tough stance, the US Dollar could be boosted, which would put gold prices at risk of falling. And vice versa, if the minutes show the possibility that the Fed will continue with its goal of cutting interest rates, the USD will weaken and create room for gold prices to increase.
CME Group's FedWatch tool now shows that the market actually sees no chance of a rate cut in March and about a 20% chance of a 25 basis point cut in May.
Analysis of technical prospects for OANDA:XAUUSD
On the daily chart, gold's gains were temporarily halted by its all-time high but the technical outlook remains overwhelmingly bullish.
The technical structure remains unchanged with the price channel as the main trend and main support by EMA21.
As long as gold remains within the price channel, above EMA21, pullbacks should only be considered short-term corrections without changing the trend, and should be seen as a buying opportunity.
On the other hand, the Relative Strength Index has not really sent out any reliable signals for a possible downward correction.
To summarize, the intraday technical outlook for gold is bullish, notable positions will be listed as follows.
Support: 2,911 – 2,900 – 2,881USD
Resistance: 2,942USD
SELL XAUUSD PRICE 2951 - 2949⚡️
↠↠ Stoploss 2955
→Take Profit 1 2943
↨
→Take Profit 2 2937
BUY XAUUSD PRICE 2904 - 2906⚡️
↠↠ Stoploss 2900
→Take Profit 1 2912
↨
→Take Profit 2 2918
S&P500 Holding Above ATH Zone–Breakout to 6168 or Pullback FirstS&P 500 (SPX500) Technical Analysis – February 20, 2025
The S&P 500 is consolidating above the ATH pivot zone (6,122 - 6,129), maintaining its bullish momentum within an ascending channel. The market is testing key levels, with buyers looking to push toward the next resistance zone.
Technical Outlook
Bullish Scenario: As long as the price holds above 6,122, the uptrend remains intact, targeting 6,168 and 6,224. A breakout above 6,224 could extend the rally toward 6,279.
Bearish Scenario: If the price breaks below 6,122, it could signal a correction toward the 6,102 pivot zone. A confirmed 4H close below 6,102 could lead to further declines toward 6,031 and 6,010.
Key Levels to Watch
🔹 Pivot Zone (ATH): 6122 - 6129
🔹 Resistance Levels: 6168, 6,224, 6279
🔹 Support Levels: 6102, 6031, 6010
📈 Directional Bias: The market is expected to test 6,168, and as long as 6,122 holds, the bullish momentum remains valid. A break below 6,122 could lead to a short-term correction.
💬 Will S&P 500 continue its uptrend, or is a pullback coming? Drop your thoughts! 👇🔥
GOLD steadies at high levels despite FOMC looks toughDuring the early morning trading session on Thursday (February 20), spot gold prices suddenly increased rapidly in the short term and gold prices stabilized above 2,940 USD/ounce, approaching the historic high set in the previous trading day.
Trump just issued another tariff threat
On Wednesday evening local time, US President Trump reiterated that he will announce tariffs on cars, semiconductors and pharmaceuticals.
“I will announce tariffs next month or sooner on autos, semiconductors, chips, pharmaceuticals, lumber and a number of other items that have a significant impact on the United States,” Trump said.
On Tuesday, Trump said he intended to impose tariffs of "about 25%" on autos, along with similar tariffs on imported semiconductors and pharmaceuticals.
Earlier this month, the United States announced a 10% tariff on imports from China and a 25% tariff on steel and aluminum.
Gold prices hit a record high on Wednesday, but the Fed meeting minutes sent gold prices down a bit
Gold prices hit an all-time high in early trading on Wednesday as U.S. President Donald Trump's threat of tariffs rattled investors, but later retreated from record highs as the dollar strengthened following a tough Federal Reserve meeting minutes.
"Participants said that, as long as the economy remains near maximum employment, they would like to see inflation progress further before making additional adjustments to the target range of the federal funds rate," minutes of the Federal Open Market Committee's Jan. 28-29 meeting said.
Assessment: The meeting minutes highlight the cautious approach of policymakers after they cut interest rates by 100 basis points in the final months of last year. Some officials have said they want to see inflation continue to fall toward the Fed's 2% target before supporting another rate cut.
Minutes from the Federal Reserve meeting showed concerns about inflation risks, dampening expectations for interest rate cuts. Gold prices decreased after the Fed meeting minutes, but in general this is not a significant impact because the market is still accepting risks from President Trump.
Analysis of technical prospects for OANDA:XAUUSD
Technically, gold is up 0.30% on the day, temporarily in front of the 0.382% Fibonacci extension considered the nearest resistance.
Once gold breaks above $2,946, it will likely continue to renew its all-time high with a target then around $2,971 in the short term.
The intraday technical outlook for gold is bullish, notable positions will be listed as follows.
Support: 2,921USD
Resistance: 2,942 – 2,971USD
SELL XAUUSD PRICE 2971 - 2969⚡️
↠↠ Stoploss 2975
→Take Profit 1 2963
↨
→Take Profit 2 2957
BUY XAUUSD PRICE 2909 - 2911⚡️
↠↠ Stoploss 2905
→Take Profit 1 2917
↨
→Take Profit 2 2923
GOLD MARKET ANALYSIS AND COMMENTARY - [Feb 17 - Feb 21]OANDA:XAUUSD have leveled off after a series of record increases, ending the week below 2,900 USD/oz due to strong profit-taking activities. The main reason is that geopolitical tensions in Eastern Europe have eased, reducing the need for safe havens. President Donald Trump had a phone call with Russian President Vladimir Putin about ending hostilities in Ukraine and suspending tariffs until a review is completed in April 2025.
Gold prices may continue to adjust in the short term, but in the long term, safe haven demand due to economic instability and trade war will push prices up. In addition, central banks stepped up gold purchases, with more than 1,000 tons in 2024 - much higher than the average level in the 2010-2021 period, contributing to supporting the rise of gold.
China launched a pilot project allowing 10 insurance companies to invest up to 1% of assets in gold. It is forecast that these companies can buy up to 28 billion USD of gold (about 300 tons), accounting for 6.5% of annual physical gold demand, contributing to boosting the market.
SOME DATA THAT MAY AFFECT GOLD PRICES NEXT WEEK:
Tuesday: Empire State Manufacturing Index (economic index measuring business conditions of the manufacturing industry in New York state, USA. This index is announced monthly by the US Federal Reserve (FED) New York branch, based on a survey of manufacturers in the region).
Wednesday: US housing data (New homes and construction permits), FED meeting minutes.
Thursday: US Weekly Jobless Claims, Philadelphia Fed Manufacturing Survey.
Friday: S&P Flash PMI, US Existing Home Sales
📌Technically, on chart D1, after surpassing the peak at 2790, the gold price increased another 150 and tends to adjust again.
Currently, the support level to pay attention to is around the dynamic resistance level as well as the hard resistance level at 2790, while the resistance level is set around 2942. Next week, if the gold price maintains the trading level above the 2800 threshold, it is expected that the momentum will increase to set a new record high price. In case the price declines and adjusts too deeply, there is a risk that the gold price will be subject to downward selling pressure.
Notable technical levels are listed below.
Support: 2,881 – 2,857USD
Resistance: 2,900 – 2,942USD
SELL XAUUSD PRICE 2951 - 2949⚡️
↠↠ Stoploss 2955
BUY XAUUSD PRICE 2789 - 2791⚡️
↠↠ Stoploss 2785
NASDAQ Future long: after resitance broken, new support formed Current Analysis: Nasdaq futures are currently facing a critical support at 22100
I see the chance of a Bullish rebound:
Support Strength: This support was a resistance in past weeks, then it was broken on Feb 14th and act as support in last 3 days.
Additionally, from Dec. 17th to February 12th, price formed a triangle that was broken up on Feb.13th.
Expected Movement: If the price successfully breaks above 22100, I expect it to rally towards the $22400 area.
Action Plan:
Entry Point: entered long with limit order at 22100
Target: Set a target in the $22425 (high of December 17th)
Stop Loss: Place a stop loss at 21937.75, below minimum of Feb.20th and with Risk/Reward Ratio of 2.
Targeting a new era peak, risks blanket the marketOANDA:XAUUSD hit another all-time high as U.S. President Donald Trump's threat of tariffs increased market fears of a global trade war, boosting safe-haven demand.
Trump's tariff policy and global market reaction
Trump said on Wednesday that he would announce new tariffs on lumber, autos, semiconductors and pharmaceuticals "next month or sooner."
Since taking office on January 20, Trump has imposed a 10% tariff on imports from China and a 25% tariff on steel and aluminum.
As trade risks increase, global central banks are likely to continue buying gold, which is one of the key supporting factors for gold prices.
Ukraine situation and the possibility of gold correction in the short term
Trump also criticized Ukrainian President Volodymyr Zelenskiy as a "dictator" on Wednesday and warned that Ukraine must quickly reach a peace deal with Russia or lose the country.
If a peace agreement between Russia and Ukraine is reached, geopolitical tensions could temporarily ease in the short term, which could put pressure on gold prices. However, gold still has enough fundamental support and the long-term uptrend could continue.
Fed policy and Swiss gold exports soar
Minutes of the Federal Reserve's latest monetary policy meeting released Wednesday showed that Trump's early economic policies have raised concerns about rising inflation. This reinforces the Fed's stance on maintaining the current interest rate policy.
According to foreign media, Swiss customs data showed that Swiss gold exports increased significantly year-on-year in January, with gold exports to the United States reaching their highest level in at least 13 years.
Analysis of technical prospects for OANDA:XAUUSD
On the daily chart, after gold reached the target level of 2,946 USD, readers noted in the previous issue that the price point of the Fibonacci extension was 0.382%, it broke this level to renew its all-time high.
With the current position, if gold takes price action above the 0.382% Fibonacci extension level once again, it will have conditions to continue to increase with a target then around 2,971 USD in the short term, more than 2,996 – 3,000 USD.
The relative strength index also does not indicate any possibility of a downward correction in terms of momentum.
During the day, the short-term uptrend of gold prices will be noticed by trend, and as long as gold remains in the price channel, it still has a main bullish outlook, declines should only be considered as short-term corrections or a buying opportunity.
Notable locations will also be noticed again as follows.
Support: 2,922 – 2,915USD
Resistance: 2,954 – 2,971 – 2,996USD
SELL XAUUSD PRICE 2971 - 2969⚡️
↠↠ Stoploss 2975
→Take Profit 1 2963
↨
→Take Profit 2 2957
BUY XAUUSD PRICE 2909 - 2911⚡️
↠↠ Stoploss 2905
→Take Profit 1 2917
↨
→Take Profit 2 2923
2025-02-20 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: Interesting day ahead of us. Selling was strong but bulls retraced 70% of it already. If bears come around again and keep this a lower high below 22230, it would show some strength and we could expect another test of 22000. The daily chart looks much more bullish than bearish. Big tails below bars and all bars closing above their mid-point. We have also touched the bull trend line above the daily 20ema. If anything I have a long bias but due to Opex I tend to lean neutral for tomorrow.
current market cycle: trading range
key levels: 22000 - 22500
bull case: Another dip another bad follow-through. Bulls buy it all and they have all the arguments on their side. They bought where they had to and we now have a decent two-legged pull-back to the bull trend line. Market is free to melt higher but tomorrow is opex and I fare best when I lean neutral on those days and trade less.
Invalidation is below 21900.
bear case: Bears can generate enough selling pressure to go down hard but as soon as the momentum is gone, so are the bears and market just reverses. I doubt bears can keep this a lower high and continue inside the bear channel. If they do, a weekly close below 22k would be amazing for them. That is the only target I have for them for tomorrow because I can’t imagine this going below 21900. Above 22200 bears just have to cover and we could accelerate upwards.
Invalidation is above 22230.
short term: Neutral. No bigger opinion on who wins this tomorrow. Both have reasonable arguments and we are inside the big bull channel and now also inside a bear channel. I wait for strong momentum again.
medium-long term - Update from 2024-02-16: Bulls are on their way of making a new ath again. So no bearish thoughts until market character changes dramatically again. I can see this going up to 23000 but not beyond. No bigger opinion on a medium-term outlook for this.
trade of the day: Buying 22k. Was close enough to the bull trend line, daily 20ema and bears found no acceptance below it.
2025-02-19 - priceactiontds - daily update - daxGood Evening and I hope you are well.
comment: Neutral. Biggest bear bar since November and we are close to the elections. Market printed 23000 to the tick and now what? Tops usually get a retest, which can be a higher or lower high. Given today’s strength and the timing of this move, it’s tough to hold any bigger bias for the next two days.
current market cycle: bull trend (was trading range before and that was obviously wrong, sorry about that)
key levels: 22500 - 23200
bull case: As long as this big bull gap down to 22000 stays open, bulls are fine. If bears close it, market turns neutral for the time being. We have elections on Sunday and at this point it’s probably a bumpy ride for the next two days. 22500 should be huge support for the bulls or we flush to 22000. Xetra high was 22935 which is too close to 23000 to not expect it to get hit. Can bulls buy the lows at 22500 in hopes for an immediate reversal? I doubt it. Too strong and we will probably need some time around (sideways movement) 22500 first. The big bull trend line is somewhat 250 points lower and if we get there, I expect huge buying. My bias is still bullish since I expect bigger upside from here than downside.
Invalidation is below 21950.
bear case: Bears had a huge day and closed below 22500, which is really god for them. Their next target is the big bull trend line around 22250 and if they have enough momentum, they can overshoot down to 22000. 22000 is also the 50% retracement of this recent bull leg, the gap close from last Wednesday and the daily 20ema. Big magnets there but I am cautious after big up and then big down. What I absolutely can’t see for now is anything below 21950. If we get down to 22000, we will probably see big buying for a retest of the highs.
Invalidation is above 23200.
short term: Neutral and cautious. Big up, big down, big confusion. If bears get follow-through, they have big magnets below but I highly doubt the bull trend line will be broken.
medium-long term from 2024-02-16: As much as I would love to see this 30% lower, it’s not happening anytime soon. Market will probably has to move sideways for some weeks before this could go down. For now it’s still only up. 23000 likely next.
current swing trade: None
trade of the day: Sell anywhere. Market did not touch the 10m 20ema for 500 points down.
#BTCUSDT #4h (Bitget Futures) descending channel breakoutBitcóin just regained 20EMA support, printing a three-white-soldiers pattern. Looks good for bullish continuation from here.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Long)
Leverage: Isolated (10.0X)
Amount: 4.9%
Entry Zone:
98356.7 - 97312.9
Take-Profit Targets:
1) 102615.4
1) 106215.9
1) 109816.3
Stop Targets:
1) 93834.3
Published By: @Zblaba
CRYPTOCAP:BTC BITGET:BTCUSDT.P #4h #Bitcoin #PoW bitcoin.org
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +48.9% | +85.7% | +122.5%
Possible Loss= -40.9%
Estimated Gaintime= 1-2 weeks
TONUSDT: Bearish Setup or Bulls' Last Stand?
Hey, traders! 😱📉 BINANCE:TONUSDT.P is in a high-risk zone, and the market is tense. We see the price testing support at *3.6191 USDT*, while resistance at *3.6891 USDT* is keeping the pressure on.
The classic scenario: if support fails, we could see a sell-off. But what if the whales are lurking, ready to turn the price around?
🔑 *Key Levels:*
*Support:*
*3.6191 USDT* – bulls are defending this level aggressively.
*3.0087 USDT* – deep liquidity zone, where the price could drop if support breaks.
**Resistance:**
**3.6891 USDT** – if sellers hold this level, the downtrend continues.
**3.8000 USDT** – a breakout above here could mean a bullish reversal.
🚩 *Trading Strategy:*
*Short Entry:* After breaking *3.6191 USDT* with a retest.
*Stop-Loss:* Above *3.6891 USDT* – if bears are wrong, it's time to exit.
*Profit Targets:*
*3.5000 USDT* – quick scalp target.
*3.3000 USDT* – solid take-profit zone.
*3.0087 USDT* – full breakdown potential if panic selling intensifies.
📈 *Technical Analysis Insights:*
Sellers are dominating – market structure remains bearish.
Volume shows liquidity accumulating in this range.
If we see a bounce from *3.6191 USDT*, a short squeeze could trigger a sharp move up.
💡 *What to Watch For?*
*Manage risk!* A downtrend doesn’t mean going all-in.
*Wait for confirmation!* No clear break = possible liquidity grab.
*Watch volume!* False breakouts are common without strong volume support.
Is BINANCE:TONUSDT.P about to dump, or will bulls hold the line? Share your thoughts below! 🧐🔥
2025-02-18 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: Bears started the day very bearish and printed decent bear bars down to 22200 but bears failed to find sellers below 22130 and we went sideways 22100-22200 until we saw bigger buying coming through again and bears gave up late into the day. Bulls closed it between Friday’s close and today’s open, so the day was neutral as can be. Bears failed to get down to 22k which is my line in the sand for them. We have to expect higher prices, given that this was a shallow sideways correction on the daily chart.
current market cycle: trading range
key levels: 22100 - 22500
bull case: Bulls happily buying every dip and bears could not even touch the breakout price of 22094 (January high). Can only see today’s price action as bullish and on the 4h chart it’s a two-legged pullback to the 20ema with a decent buy signal bar now. Longs with stop 22090 are reasonable for target 22450+.
Invalidation is below 21900.
bear case: Bears tried an failed. They made some points and then covered as bigger buying came late in the day. They need a strong 1h bar close below 22k to turn this neutral again. For now they can only hope to sell new highs and scalp some points. Most bears wait for 22450ish and if we find more sellers there.
Invalidation is above 22150.
short term: Bullish. Below 22k that changes but for now you can buy every good bullish signal bar after a dip.
medium-long term - Update from 2024-02-16: Bulls are on their way of making a new ath again. So no bearish thoughts until market character changes dramatically again. I can see this going up to 23000 but not beyond. No bigger opinion on a medium-term outlook for this.
trade of the day: Very good bearish signal bar going into US open and then follow-through to 22200. Market then printed bar 36 + 37 and the big tails below was a good sign to be cautious with shorts because we are finding more buyers in that area, so the downside might probably be limited. Market then went sideways until we made a lower low major trend reversal with bar 53 + 54. 55 was the bar to go long on but could also have waited for bar 56. This has now also build a head & shoulders bottom and a measured move brings us above 22300 again.
S&P 500 Futures - The stop hunt before the next move higher?Trading SPY, QQQ, or its futures counterparts had people checking their swing trades! A previous pivot point near the 0.382 level showed an area of piled up stop loss orders. With a glimpse of all time highs early in the morning a new measurement was required at the over night swing level. Price took the elevator down to grab the liquidity before moving higher? Or will this mark a reversal point for the S&P 500?
GOLD rises above 2,900 USD again, attention to Trump and PutinOANDA:XAUUSD Spot delivery increased significantly due to factors such as a weaker US Dollar, geopolitical risks and uncertainty in US trade policy. As of the time this article was completed, spot gold increased to 2,909 USD/oz, an increase equivalent to 0.39% on the day.
The World Gold Council revealed central banks purchased more than 1,000 tons of gold for the third consecutive year in 2024. According to the World Gold Council, central banks' gold purchases increased 54% year-on-year to 333 tons after Trump won the election.
On Monday local time, at the suggestion of French President Macron, leaders of many European countries held an emergency meeting in the French capital Paris to discuss issues such as the situation in Ukraine and collective European security.
According to French press reports, the biggest disagreement at the meeting that day was whether to send troops to Ukraine under the peacekeeping framework or not. British Prime Minister Starmer said the UK is ready to send ground troops if necessary. Germany and Spain objected.
At the same time, Ukraine's peace negotiations also became the focus of market attention. Russian Foreign Minister Sergei Lavrov said on Monday that he would travel to the Saudi capital Riyadh and hold talks with US representatives on Tuesday.
US President Donald Trump said on Sunday that he will soon meet Russian President Vladimir Putin in Saudi Arabia.
If a peace agreement is reached between Russia and Ukraine, this may be the driving force for gold to be able to adjust significantly down in the near future. On the contrary, if the agreement "goes nowhere", gold will continue to increase in price because geopolitical risks once again increase.
Analysis of technical prospects for OANDA:XAUUSD
From the support level of 2,881 USD, note to readers in the previous issue that gold has surpassed the initial target level at the original price point of 2,900 USD and currently maintains price activity above this level.
With the current position, gold has conditions to continue to increase in price with the goal of reaching an all-time peak rather than renewing the previously achieved all-time peak.
The upward relative strength index shows that the bearish momentum is also weakening, giving way to overwhelming buying force.
In general, in terms of the overall technical picture, gold still tends to be completely bullish, and notable positions will be listed as follows.
Support: 2,900 – 2,881 – 2,857USD
Resistance: 2,942USD
SELL XAUUSD PRICE 2921 - 2919⚡️
↠↠ Stoploss 2925
→Take Profit 1 2913
↨
→Take Profit 2 2907
BUY XAUUSD PRICE 2849 - 2851⚡️
↠↠ Stoploss 2845
→Take Profit 1 2857
↨
→Take Profit 2 2863