Gann
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 🚀
GOLD Short-term buy and sell signalsGold continues to maintain a wide range of high-level fluctuations. After setting a new high of 2956 yesterday, the NY market fell sharply to around 2930, and then rose strongly again in the late trading, bottoming out and rebounding in the fluctuation range. The price is still running in a bullish trend structure.
Today, the Asian session will first look at the continued rise of NY's late bottoming out and rebound, and pay attention to whether it can set a new intraday high. In terms of trading, keep buying at a low price, but only participate in short-term thinking. After the historical high or new high, pay attention to the indicator's top divergence and overbought, and there will be a fall and wash at any time.
Last week, gold was affected by the dual impact of escalating geopolitical tensions and uncertainty in the global economic recovery, and the spot gold price showed a fluctuating upward trend. The weekly line maintained an upward pattern. The gold price fell again to around 2930 during the day and stood firmly above this position.
At present, the short-term moving average is arranged in a bullish pattern, which clearly shows that the bulls have a dominant advantage. The bulls maintain an upward trend of shocks, the Bollinger Bands open upward, and various indicators are running at high levels. From the perspective of short-term indicators, the gold price still has the momentum to rise.
However, it should be noted that the daily line has been oscillating in a high range for 4 consecutive trading days. This oscillating trend has both advantages and disadvantages for both long and short parties, and it is very likely to be a signal that the bulls have reached their peak. However, given that the gold price continued to rise after several pullbacks last week, there is also the possibility of a bull correction pattern. Therefore, it is recommended to start with intraday operations around the range oscillation, and once the market breaks through, it is necessary to leave the market in time.
Key points:
First support: 2942, second support: 2933, third support: 2920
First resistance: 2960, second resistance: 2968, third resistance: 2978
Operation ideas:
BUY: 2933-2936, SL: 2925, TP: 2948-2950;
SELL: 2968-2971, SL: 2980, TP: 2950-2940;
USD/JPY1-hour time frame technical analysis next move possible.This chart represents a USD/JPY (U.S. Dollar / Japanese Yen) 1-hour time frame analysis. The key elements of the chart include:
1. Support and Resistance Levels:
149.294: A lower support level where price could bounce.
150.643: A resistance level that price may break through.
Red Zone (~152.000): A strong supply/resistance area where price may struggle to go higher.
2. Price Action & Prediction:
The price is currently around 149.713 and testing support near 149.294.
The black arrow suggests a bullish scenario, where price is expected to bounce from support and move towards 150.643, potentially reaching the 152.000 resistance zone.
3. Technical Patterns:
A potential breakout setup where price may push higher if it holds above support.
Price previously rejected from the red supply zone (~152.000), meaning it could face resistance again if it reaches there.
This chart suggests a possible buy opportunity around 149.294, with targets at 150.643 and 152.000. However, if price breaks below support, the setup could become invalid.
Long SOL Strategies at 2.64CADYou know what to do...
Enter a 1/3rd position immeditely.
Then DCA weekly around 2.64CAD/share.
(DCA remaining 2/3rds on meaningfull pullbacks or 50% retracements.)
Sell HODL when ETHEREUM hits new ATH in 2025. There may be a lot more upside, but better safe than sorry, IMO.
Cryptmando
Jan 07, 2025
February 21 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Here is the Bitcoin 30-minute chart.
Nasdaq indicators will be released at 12 o'clock shortly.
Nasdaq is moving sideways in the 6+12 pattern
From the Top section to the Good section at the top,
It is the resistance line of the Bollinger Band daily chart.
(Best short entry section)
I created today's strategy with the important conditions above.
* Conditional long position strategy when the red finger moves
1. 98,332.5 dollars long position entry section / cut-off price when the green support line breaks
2. 99,740 dollars Top section long position 1st target -> Good 2nd target
The target price at the top is important.
By 9 am tomorrow morning when an additional daily candle is created
If it reaches the Top-> Good section
After long profit taking, short position switching -> long position is autonomous
I think it would be good to look at the final 1+4 section.
(Currently, 1st section, around 97875.5 dollars)
After finishing today with an upward sideways movement
If it reaches the top section tomorrow,
You can continue to maintain a long position by modifying the stop loss price.
Refer to Great -> Miracle at the top.
This part is a strategy based on the shape of the resistance line on the daily chart.
If it deviates from the current position,
The bottom section becomes the 1+4 section
And then the 2nd section
Please check the shape of the support line on the daily Bollinger Band chart over the weekend.
Please use my analysis so far for reference and use only
Thank you for your hard work this week.
Thank you.
USDZAR-NEUTRAL SELL 90MIN chartThe pair is locked in within a tight range, and also within a wider range, that lies between 18.1350 and 18.6000. The 6 hourly is somewhat positive as a note, but the shorter time frames show potential pressure downward. I am non committed as i do not see the need, as it is not very clear picture. However, my viewpoint is of a slightly weaker pair in coming sessions.
Strategy SELL near 18.3850 - 18.4350 range and take profit near 18.2750 for now. Near the lower end of the channel, BUY strategies may be the way to go.
GBP/JPY 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE This GBP/JPY 1-hour chart presents a bullish trade setup, suggesting an upward move. Here's the analysis:
Key Observations:
1. Support Zone: Price has bounced from a strong support level near 188.432 - 189.081, indicating potential buying interest.
2. Bullish Projection: The black arrow suggests an expected rise toward the 191.041 - 191.086 resistance zone.
3. Risk-Reward Setup:
Entry: Near 189.110
Take Profit (TP): Around 191.086
Stop Loss (SL): Below 188.432, ensuring risk management.
4. Market Structure: A higher low formation suggests a shift to bullish momentum.
Trade Idea:
A long (buy) position is expected to reach 191.086, provided price holds above support. A break below 188.432 may invalidate this setup.
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