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Gann

Can the Greenback continue its Reign against the EURO?Hello traders, The current market volatility, fueled by recent events, presents an exciting trading environment. I'm sharing my analysis of the EUR/USD pair, where I anticipate continued weakness in the Euro and strength in the Dollar. Short-Term Outlook Given the strong bearish potential on higher timeframes, I'm maintaining a short position on this timeframe. The breach of the significant level at 1.0500 reinforces this outlook, as long as prices remain below this level. Entry and Invalidation Points With the recent pullback to 1.03800, I've identified multiple confluences on lower timeframes, making it an attractive entry point. My invalidation price is set at 1.041, above which I'll reassess and await another entry opportunity. Target My target is set at the next significant level, 1.0, which I believe offers a compelling price target. Risk Management As always, please remember that nothing is guaranteed in trading. The only aspect we can control is our risk. Trade safely until next time. Best regards, Tradebudz
Short
by Tradebudz
13
Buy Trade Strategy for SCHW Banking on Financial Services GrowthDescription: This trading idea focuses on SCHW (Charles Schwab Corporation), one of the largest financial services firms in the U.S., known for its brokerage, wealth management, and banking solutions. SCHW has established a strong market presence by offering innovative financial products and competitive pricing, which have attracted a growing customer base. The company’s diversified revenue streams, including interest income and asset management fees, provide stability even in volatile market conditions. With ongoing digital transformation and increasing demand for low-cost investment solutions, SCHW is well-positioned for long-term growth. Despite its solid fundamentals, SCHW is still subject to external market forces, such as changes in interest rates, regulatory developments, and macroeconomic trends, which can impact its performance. As a result, investors should carefully assess the risks and opportunities before entering a position. Disclaimer: This trading idea is for educational purposes only and does not constitute financial advice. Trading stocks like SCHW involves risks, including the potential loss of capital. Always conduct thorough research, understand your financial situation, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
NYSE:SCHWLong
by MoonTradingForecast
Gold Gann Analysis – Will the Bulls Keep Running?Gold is on fire! 🔥 Currently trading around $2,919, the yellow metal is testing key Gann levels after an impressive bullish rally. The price recently broke above $2,901 (630° Gann level), showing strong momentum—so what’s next? Let’s break it down! 📊 Technical Breakdown: 🔹 Resistance Ahead: The next major hurdle is at $2,955 (720° Gann level). If we clear this zone, gold could aim for $3,000+ in the coming sessions. 🚀but that could be the top too! 🔹 Trend Strength: Price is respecting the ascending yellow channel, reinforcing the bullish trend. 📈 🔹 Key Support: Watch out for $2,847 (540° Gann level) and $2,794 (450° Gann level)—potential bounce zones if a pullback happens. 🏹 Potential Scenarios: 🟢 Bullish Case: Holding above $2,901 keeps the uptrend intact, with eyes on $2,955 and beyond. A clean breakout could send gold soaring past $3,000. 🚀 🔴 Bearish Case: Rejection from $2,955 and a break below $2,901 may lead to a dip toward $2,847 - $2,794. Losing these levels could push gold further down to $2,742 (360° Gann level). Above is Showing important Fib 1.618 Level on the chart "2946.53" Hard Resistance and Target! ⚠️ Key Takeaway: Gold remains strongly bullish, but we’re at a critical resistance zone. A breakout or rejection from $2,955 will determine the next big move! 📉📈 💬 What’s your take? Will gold smash through $2,955 and set new highs, or are we due for a pullback? Drop your thoughts below! ⬇️🔥 #Gold #XAUUSD #Trading #GannAnalysis #Forex 🚀
FOREXCOM:XAUUSD
by Magic_xD
1
WIF - Waking up from the dead?Hey traders! 🚀 Looks like WIF is testing a major support near 0.627 USDT, a critical Gann level. 🔹 Holding above could trigger a reversal towards 0.869 - 1.191 USDT 📈 🔹 A breakdown might lead to further weakness – watch for confirmations! -Seems like the chance to buy the hat at such cheap prices ^^ -Imho ^^, the worse is likely in and even if we get a pullback, we'll chop around near the lows. Price at a Strong Support Zone: The price is testing the 0.627 USDT level, which appears to be a key support in the Gann structure. This level could act as a potential reversal zone if buyers step in. 2️⃣ Bullish Scenario (Bounce from Support) If the price respects this support and starts forming bullish candles, we could see an upward move toward: 0.869 USDT (First resistance level) 1.191 USDT (A stronger resistance level and possible target) 3️⃣ Bearish Scenario (Breaking Support) If 0.627 USDT is broken to the downside, the price might continue dropping toward lower levels such as: 0.400 USDT or lower, based on the Gann structure's projections. 4️⃣ How to Confirm the Direction? Watch price action at this support level—if bullish reversal candles appear (like a hammer or bullish engulfing), it could signal a potential buy entry. If the price closes below the support with strong bearish momentum, it could confirm further downside movement. Watch for price action around the Gann grid lines works as your regular trend lines it gets better when u recheck the chart after a few weeks too! 💡 Conclusion: The price is at a critical level, so we need to monitor how it reacts here before deciding on the next move! 👀📉📈 🎯 What do you think? Are we going to see a bounce or more downside? 🤔💬
by Magic_xD
Gold trend analysis and top and bottom signal sharingGold has risen for the seventh consecutive week. The RSI indicator is at a high level close to 80. The price is at the upper track of the Bollinger Band and exceeds the line. The price deviates from the MA10 daily moving average. Once the weekly RSI indicator forms an overbought or top divergence, and considering that the 7-week rise has reached a critical time window, we need to be careful of short-term peaks! From a technical perspective, the short-term trend structure of the daily chart remains intact, but the price indicator has reached the end. We need to pay further attention to the subsequent policy impact of Trump's new policy. Once the top divergence is established, it will usher in a short-term wide-range downward shock and trend reversal! The bullish upside space exceeds 330 $, and we need to start considering the bulls entering the end. At present, the transaction is still in the trend of participating in the short-term transaction of buying at a low price. The key resistance or historical high pays attention to the mid-term short opportunity of the band! The gold market came a little late last Friday night. NFP bottomed out and rebounded directly to break through the new high, breaking the shock pattern! Gold hits a new high in the short term, and the bullish energy is very strong. The first wave of piercing is just a test, and there may be another pull-up and breakthrough in the future! Gold fell after the short-term piercing, but the current gold price has begun to weaken its downward energy near 2855, and this intraday trend also shows that there is a strong support effect at the 2850 line. In the short term, gold is supported by 2850 and has not fallen below the NFP market low of 2852. It is easy to bottom out and pull up again, so the later short-term layout should first refer to the purchase above 2850! Key points: First support: 2853, second support: 2845, third support: 2830 First resistance: 2878, second resistance: 2888, third resistance: 2906 Operation ideas: BUY: 2855-2858, SL: 2847, TP: 2870-2880; SELL: 2890-2893, SL: 2902, TP: 2870-2860;
OANDA:XAUUSDLong
by Jun-GoldAnalyst
Gold------2855-2860 Buy! tp:2890-2900!Gold 2830-2839 is the new strong support Today we will have a certain suppression based on this price. The hourly support is around 2855. This position is the layout position for long orders. No matter whether it is Asian or European session, no selling is considered. Support 2830-2840, pressure 2882, the strength and weakness dividing line of the market is 2830. The ADP employment data released yesterday was 183,000, the previous estimate was 176,000, and the expectation was 150,000. Both the expectation and the estimate put pressure on gold, but gold continued to rise. Later we will pay attention to the non-agricultural employment data. Gold------2855-2860 Buy! tp:2890-2900!
TVC:GOLDLong
by Crazytrader00011