XAUUSD TODAY'S MAPPING IS HERE Hello Guy's Welcome To Another Day Of TRADING
Here we are mapping chart of XAUUSD ( GOLD ) in 15-M TF
Ascending triangle pattern: Trendlines indicating higher lows and a horizontal resistance level.
Breakout and retest: The price has broken above the resistance and appears to be retesting the breakout level.
Trade setup:
Entry Level: Near the breakout retest point.
Take-profit: Near 2951
Stop-loss: Around 2900
This analysis indicates a bullish sentiment, expecting gold to rise further if the breakout holds.
Longsetup
Long on Nikkei 225For now, I am long on Nikkei 225. We have a bottom, currently looking for a retest of broken support and a higher low. Once confirmed this is an easy long to the golden zone between 0.5 and 0.618 Fibonacci retracement levels.
Target 1 - 39,400
Target 2 - 40,300
For mid term I will be looking for a significant pullback from the nikkei 225. However, there is still potential for bullish price action in the short term.
SYN ANALYSIS📊 #SYN Analysis : Update
✅ Here we can see the price is around its major support zone. Falling wedge pattern is forming and 2 times bullish move from the same support point. We would see a good breakout soon and achieve our targets
👀Current Price: $0.4542
🚀 Target Price: $0.9700
⚡️What to do ?
👀Keep an eye on #SYN price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#SYN #Cryptocurrency #TechnicalAnalysis #DYOR
Accumulated below 2900, in early uptrend⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) remains under slight pressure for the second consecutive day but holds steady just below $2,900 during the Asian session on Wednesday. A modest uptick in the US Dollar, following Fed Chair Jerome Powell’s hawkish remarks, weighs on the metal. However, concerns over the economic impact of President Donald Trump's trade tariffs and rising global trade tensions continue to support gold’s safe-haven appeal.
Investors remain cautious ahead of the latest US consumer inflation data, set for release later today. This key report will shape expectations around the Fed's rate-cut trajectory, influencing USD demand and gold's next directional move. Despite Tuesday’s sharp pullback from the $2,942-2,943 region, uncertainty surrounding Trump’s policies suggests caution before betting on further declines or a new record high.
⭐️ Personal comments NOVA:
Moving stably around 2900, gold accumulates and waits for an opportunity to continue increasing in price. The US tariff situation is still very tense.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2942 - $2944 SL $2949
TP1: $2935
TP2: $2922
TP3: $2910
🔥 BUY GOLD zone: $2835 - $2837 SL $2830
TP1: $2842
TP2: $2850
TP3: $2860
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
#AVAAIUSDT looks ready for further gains📈 LONG BYBIT:AVAAIUSDT.P from $0.05800
🛡 Stop Loss: $0.05170
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:AVAAIUSDT.P shows strong bullish momentum, breaking key resistance levels.
➡️ The price is holding above $0.05730, confirming buyer control.
➡️ Trading volumes are increasing, signaling rising market interest.
➡️ POC at $0.05189 acts as solid support, reinforcing the long scenario.
⚡ Plan:
➡️ Wait for a confirmed hold above $0.05800 before entering.
➡️ Stop-Loss at $0.05170 to minimize downside risk.
➡️ Main target $0.06938, with intermediate take profits at $0.06165 and $0.06640.
🎯 Take Profit Targets:
💎 TP1: $0.06165
🔥 TP2: $0.06640
🚀 TP3: $0.06938
📢 Monitor $0.05730 – a breakout above strengthens the bullish case.
📢 Volume increase supports upward movement, confirming buying interest.
📢 Risk management – closing the trade if $0.05170 is broken down.
🚀 BYBIT:AVAAIUSDT.P looks ready for further gains, expecting a move towards targets!
Will the USDJPY pair trend increase ?News:
🔆Federal Reserve Chairman Jerome Powell, speaking before the Senate Banking Committee on Tuesday, took a more hawkish stance, describing the economy as strong with a robust labor market. He noted that while inflation was moving toward the 2% target, it remained slightly elevated, indicating that policymakers were in no hurry to cut interest rates.
🔆U.S. President Donald Trump signed executive orders imposing 25% tariffs on imported steel and aluminum, effective March 12. He also suggested the possibility of additional tariffs on automobiles, pharmaceuticals, and computer chips, pledging broader reciprocal tariffs to counter those placed on U.S. goods by other countries. This development heightened concerns over global trade tensions and posed a risk to Japan’s economy, putting pressure on the Japanese Yen while supporting the USD/JPY pair’s continued recovery.
🔆Bank of Japan Governor Kazuo Ueda reiterated earlier today that the central bank would conduct monetary policy appropriately to reach its 2% inflation target. Additionally, recent wage growth data and persistent inflationary pressures in Japan suggest the BoJ may consider another rate hike at its March meeting.
🔆Investors are now focusing on the upcoming release of U.S. consumer inflation data and Powell’s testimony before Congress, which could further influence the U.S. dollar and the USD/JPY exchange rate.
Personal Opinion:
🔆Powell’s relatively hawkish comments on Tuesday dampened expectations of a significant narrowing in the U.S.-Japan interest rate gap. This led to capital outflows from the lower-yielding Japanese Yen, though speculation that the Bank of Japan may raise interest rates again kept bearish traders cautious. Many market participants may prefer to hold off on making strong bets on USD/JPY until the release of U.S. consumer inflation data later today.
Plan:
🔆 Price Zone Setup:
👉Buy USD/JPY 153.20 -153.05
❌SL: 152.60 | ✅TP: 153.70 – 154.20 – 154.8
Bad CPI, Perfect Setup Opportunity for the S&P500Today’s CPI was really bad: 3% vs. 2.9%. Bad for markets, good for the Dollar, and everything got slapped - S&P 500 included.
But honestly, moments like this are often where the magic happens. Zoom in, and you’ll notice that the Monday Low is still sitting there untouched. In a few minutes, the New York Stock Exchange opens. What am I hoping for? A sweep of that Low, followed by a quick reversal and a push to the upside.
On the 1-hour chart, the RSI is already in oversold territory. A sell-off at the open would be the perfect entry, aiming for a 1:3 risk-reward ratio. If the market plays along, this could get real interesting real fast.
🔹 Asset: S&P 500
🔹 Timeframe: 1H
🔹 Entry: 5974.60
🔹 Stop: 5936.90
🔹 Target(s): 6085.86
SBICARD – Descending Triangle Breakout 920 to 1100+ TargetSBICARD has been trading within a descending triangle pattern for an extended period, with lower highs and a strong horizontal support. This pattern is typically bearish but can lead to bullish breakouts when resistance is breached, as seen in this case.
Breakout Confirmation & Key Levels
Resistance Breakout:
The stock has successfully broken above the descending trendline resistance, indicating a potential trend reversal.
Buying Zone:
Above ₹800 – A sustained move above this level confirms the breakout.
Stop-Loss Level:
Below ₹750 – Any close below this level could invalidate the bullish setup.
Target Levels:
Initial Target: ₹920+
Projected Target: ₹1100+ (based on pattern height projection)
Riding the BNX Wave: Next Trade SetupsSince BNX surged an astounding +381% in just 3.5 days, it has rapidly reached a key high. However, the dramatic move on low volume has left the market in a tight range, raising questions about a potential correction. Let’s break down the current market structure and explore the key support and resistance levels, followed by specific trade setups.
Looking Back: Market Structure & Trends
BNX’s meteoric rise over a short period has captured attention, but such rapid gains often invite consolidation or a pullback. After hitting the key high, the price was tested and subsequently rejected, particularly on low volume. This rejection signals that the bullish drive may be exhausting, setting the stage for a possible downward correction. Since then, BNX has been trading in a narrow range, reflecting market indecision as traders await further direction.
Key Support Zones & Confluences
Primary Support Zone – Around $0.6:
Moving Averages Confluence: The 21-period EMA and SMA on the 4-hour, weekly, and monthly charts are clustered between approximately $0.585 and $0.553. This convergence creates a robust support area where price is likely to find stability.
Lower Timeframe Trend Insight: My beta indicator on the 15-minute chart, which marks the edge of the bullish trend, further reinforces this support level.
Fibonacci Confluence:
The 0.382 Fibonacci retracement sits at around $0.5426, lending additional support.
The Fibonacci Speed Fan (0.5 level) aligns near $0.56, complementing the overall support picture.
This confluence of technical factors makes the $0.6 zone a crucial area to monitor, as it represents a potential floor should the market trend lower.
Resistance Levels & Confluences
Key Resistance – The Recent High:
Rapid Price Surge & Rejection: BNX’s swift ascent culminated in a key high that was subsequently tested and rejected. The rejection, especially on low volume, indicates that the upward momentum may be losing steam.
Fibonacci Resistance: Notably, the price has also encountered the 0.382 Fibonacci retracement at $0.75, which acts as an additional layer of resistance.
Psychological Resistance: The key high now serves as a significant resistance level, acting as a barrier that the price must overcome to resume its bullish trend.
Potential Trade Setups
Short Trade Setup
Given the rejection at the key high and the low-volume consolidation, a breakdown from this level is anticipated. This scenario makes a short position attractive, as a failed test of the high could trigger further downward movement.
Entry & Stop Loss (SL):
Entry: Initiate a short position at the key high, followed by a rejection.
Stop Loss: Place your stop loss just above the key high to mitigate risk.
Target & Risk/Reward:
Target: Aim for the primary support zone around $0.6, where multiple indicators converge.
Risk-Reward Ratio: The setup targets a favourable risk/reward ratio of 3:1 or better, making it an appealing opportunity for traders.
Long Trade Setup
Despite the clear support confluence around the $0.6 area, entering a long position at this stage carries a less compelling risk/reward profile compared to the short trade.
Entry & Stop Loss (SL):
Entry: Consider a long entry if the price shows strength and decisively holds above the support zone.
Stop Loss: Position the stop loss just below the support area to accommodate minor fluctuations.
Target & Risk/Reward:
Target: The target for a long setup would be the previous swing low.
Risk-Reward Ratio: This trade offers a ratio in the range of 1:1 to 2.5:1, which is alright compared to the short setup.
TSLA in Free Fall: How Low Will It Go ?Tesla is in free fall – and so far, there’s no sign of a turnaround. The 38.2% retracement zone has been hit, but let’s be honest: there’s no real bounce yet. Here’s why I expect the stock to drop further towards $360 – and how I’m positioning my entries.
Since mid-December, NASDAQ:TSLA has been in a clear downtrend on lower time frames, with no serious buying momentum yet. My first entry is already set as a limit order just below current support. If sellers keep the pressure on, a second entry below the untouched VWAP could make sense – with a tight stop in case TSLA takes another dive.
I’m staying on top of this and ready to adjust, but one thing’s for sure: The moment TSLA shows it’s done bleeding, it's going to send higher!
USD/JPY ---> Will the Bulls Recognize the False Breakout?Dear friends!
Overall, USD/JPY, after hitting support and forming a false breakout below the local trend channel's lower boundary, the currency pair has resumed its upward movement, supported by the strengthening dollar at this time.
Currently, the price has stabilized above the support level but remains below the 34 and 89 exponential moving averages (EMA). Fundamentally, the recent context has been unstable and depends more heavily on US economic data. People have long forgotten about interest rate growth in Japan and are focusing on economic data from the West.
On the chart, the uptrend remains the primary trend, so we maintain a buying preference. If the pair can consolidate above 152.00, then in the short and medium term, we should expect prices to reach the targets as indicated on the chart.
Best regards, Bentradegold!
Short term bearish H1 - bears will continue to push price up⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US Dollar climbs to its highest level in over a week as expectations grow that Trump's protectionist policies could drive inflation higher, pushing the Federal Reserve to maintain its hawkish stance and keep interest rates unchanged.
A stronger USD, coupled with overbought conditions on the daily chart, leads to some profit-taking on XAU/USD as traders adjust positions ahead of Fed Chair Jerome Powell's congressional testimony.
⭐️ Personal comments NOVA:
In the context of current world trade tensions, gold continues its upward trend, possibly above $3000 in February 2025.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2929 - $2931 SL $2934
TP1: $2925
TP2: $2920
TP3: $2915
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Coinbase Gap TradeI find Coinbase very interesting right now, especially since we’ve likely completed Wave 4 around the $240 level. Since then, price has been stuck in a sideways consolidation, following an unfilled breakout gap after Wave 4 ended. This gap is still open, and I believe there’s a strong chance we’ll at least partially close it.
From a market cycle perspective, we’re currently in the accumulation phase, followed by the manipulation phase (red), and then the distribution phase (green). My plan is to target that distribution phase, aiming for the gap closure.
I’m placing a limit order roughly in the middle of the gap, just above the Yearly Open, which I expect to act as support. The RSI is still low—not oversold yet—but there’s some room for more downside before the entry triggers.
The limit order is set at around $259, with a target of at least $326, offering solid reward potential—exactly the kind of setup I’m looking for.
🔹 Asset: Coinbase
🔹 Timeframe: 1H
🔹 Entry: 259.36
🔹 Stop: 244.25
🔹 Target(s): TBA
Tariffs - ATH - featured keyword with XAU⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
On Monday, US President Donald Trump signed two proclamations reinstating 25% tariffs on metals and removing all previous exemptions on steel and aluminum tariffs from his 2016-2020 term.
Additionally, Trump informed reporters that he plans to announce reciprocal tariffs on other countries within the next two days. This news boosted demand for safe-haven assets, pushing gold prices to a new record high during the Asian session on Tuesday.
⭐️ Personal comments NOVA:
Asian session witnessed strong growth, gold price reached new ATH 2942, then showed signs of profit taking, still an uptrend today
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2957 - $2959 SL $2964
TP1: $2950
TP2: $2940
TP3: $2930
🔥 BUY GOLD zone: $2898 - $2900 SL $2895 Scalping
TP1: $2905
TP2: $2910
TP3: $2915
🔥 BUY GOLD zone: $2888 - $2886 SL $2881
TP1: $2895
TP2: $2902
TP3: $2910
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
All eyes on Fed Chair Powell to testify before Congress todayGold News:
🔆All eyes are on the US CPI report and Fed Chair Jerome Powell’s speech to Congress this week
🔆Last week’s jobs report showed continued signs of recovery in the labor market. A surprisingly lower unemployment rate, higher wages and an upward revision to December employment suggest the US labor market is closing out 2024 on solid footing.
🔆Recent data suggest the labor market has regained momentum. This suggests that risks have eased, so the Federal Open Market Committee (FOMC) will likely wait to see how first-quarter inflation data and economic policy play out before making further moves on the federal funds rate
🔆The CPI report due on February 12 is also important news as it is the Fed's preferred measure of inflation to adjust interest rates accordingly
Personal opinion:
🔆Fed Chairman Powell will likely act in a hawkish manner and not rush to cut interest rates while waiting to see if President Trump's tariff policies cause inflation to spike.
🔆However, the priority should be to assess the potential risks of tariffs on inflation and then monetary policy.
Technical analysis:
🔆Based on Fibonacci combined with Resistance - Support Zones and Trend Lines
Plan:
🔆Price Zone Setup:
👉Buy Gold 2888 -2886
❌SL: 2881 | ✅TP: 2892 - 2900 – 2910
👉Sell Gold 2955 -2957
❌SL: 2964 | ✅TP: 2950 - 2945 – 2935
Thank you for reading my comment: "FM"
adjusted down and continued to increase stronglyPLAN Scalping :11 February , 2025
Gold News:
Gold’s price (XAU/USD) reached a new all-time high of $2,942 in early Tuesday trading before retreating and erasing most of its gains for the day. Meanwhile, U.S. President Donald Trump has implemented a 25% tariff on steel and aluminum imports from all countries, effective March 12. In response, China has quietly introduced retaliatory tariffs on certain U.S. goods. However, China has only taken limited action so far and has not escalated the situation significantly, while Trump has yet to enforce the 60% tariffs on all Chinese products that he had previously pledged during his campaign, according to Bloomberg.
Personal opinion:
A price correction is inevitable, the short and long term trend is still in an uptrend, the price zones of 2900 and 2888 are being watched for the bulls to continue pushing the price up.
Technical analysis:
🔆Based on Fibonacci combined with Resistance - Support Zones and Trend Lines
Plan: Scalping today
🔆Price Zone Setup:
👉Buy Gold 2898 -2896
❌SL: 2892 | ✅TP: 2902 - 2906 – 2910
Thank you for reading my comment: "FM
CELO LONGCelo has bounced every time it touched the lower range around $0.40, usually reaching at least $0.25.However, given the current market conditions, I expect either more downside or a sideways movement in the next few days.
The Stoch RSI is gearing up for a bullish cross on the weekly, but historically, the first cross is often followed by a negative one, before a second bullish cross that truly pushes the price higher. So while we might see some short-term upside, we should also be prepared for lower prices before a more significant rally kicks in.
#ATOMUSDT further bullish movement📈 LONG BYBIT:ATOMUSDT.P from $4.842
🛡 Stop Loss: $4.800
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:ATOMUSDT.P is bouncing off key support at $4.800, confirming buying interest.
➡️ The price has broken through $4.842, which could trigger further bullish momentum.
➡️ POC is positioned lower, suggesting strong volume accumulation below, reinforcing the bullish trend.
➡️ Primary upside target: $4.905, followed by $4.960 if momentum continues.
⚡ Plan:
➡️ Enter LONG from $4.842 if price holds above this level.
➡️ Manage risk with Stop-Loss at $4.800 to protect against sudden reversals.
➡️ Main upside targets:
🎯 TP Targets:
💎 TP1: $4.905 — first resistance, potential profit-taking level.
🔥 TP2: $4.960 — next strong level for possible exit.
📢 If the price holds above $4.842, further upside toward $4.905 and $4.960 is likely.
📢 However, if it drops below $4.800, the bullish setup may be invalidated.
🚀 BYBIT:ATOMUSDT.P Expecting further bullish movement!