#PARTIUSDT is showing signs of a reversal🚀 The price BYBIT:PARTIUSDT.P is showing signs of a reversal after a prolonged downtrend.
🚀 The scenario becomes more likely if the price holds above $0.1520 with increasing volume.
🚀 Watch for a breakout and confirmation above the $0.1500–$0.1520 zone — this would strengthen the bullish setup.
🚀 If volume picks up during the continuation of the move, a quick push toward $0.18 is possible.
📈 LONG BYBIT:PARTIUSDT.P from $0.1533
🛡 Stop loss: $0.1492
🕒 Timeframe: 1H
✅ Overview:
➡️ The price has broken out above the Bearish Flag, confirming a break in the downtrend structure.
➡️ The Double Bottom formation increases the likelihood of an upward move.
➡️ Entry at $0.1533 is just above the resistance zone and confirms the breakout.
➡️ The upward potential remains toward $0.1600 and beyond, aiming for the POC volume area.
🎯 TP Targets:
💎 TP 1: $0.1555
💎 TP 2: $0.1575
💎 TP 3: $0.1600
📢 Support zone: $0.1500–$0.1510 — must hold to maintain the bullish structure.
📢 If price consolidates above $0.1555, expect a potential acceleration toward $0.1600.
📢 A drop below $0.1492 invalidates the scenario — stop is mandatory.
🚀 BYBIT:PARTIUSDT.P breaks key level — bullish signal confirmed! Watch for continuation!
Longsetup
NZDCAD: Pullback Opportunity Within a Short-Term UptrendOANDA:NZDCAD after breaking out of the long term descending channel, a relatively clear short term uptrend structure has been established, reflected by the formation of higher highs and higher lows. Strong bullish momentum pushed the price close to the 0.8300 zone before entering a corrective phase.
Currently, price action is showing signs of a technical correction, with short term profit taking pressure pulling the price back toward a key support zone.
If the price corrects and holds the support area at 0.8100 to 0.8150, there is a high probability of a continued recovery. The near term target zone is 0.83044, and further out is 0.84043, where stronger supply might emerge. In the event that this support breaks clearly, the uptrend will temporarily lose validity and the risk of returning to the previous descending channel will increase.
Remember to always confirm your setup and apply proper risk management.
Best of luck!
XAU/USD Trend Early Next Week – 3300 Not Far Away🔔🔔🔔 Gold news:
➡️ The yield on the U.S. 10-year Treasury rose by seven basis points to 4.495%.
➡️ The University of Michigan's Consumer Sentiment Index posted a sharp drop in April, falling from 57.0 to 50.8, indicating growing pessimism among households.
➡️ In March, the U.S. Producer Price Index (PPI) eased to 2.7% year-over-year, down from 3.2% and below expectations of 3.3%, suggesting that input cost pressures are moderating. However, core PPI — which excludes food and energy — remains above 3%, coming in at 3.3% year-over-year, down from 3.5% in February and slightly below the forecast of 3.6%.
On Friday, several U.S. banks, including Wells Fargo and Morgan Stanley CEO Ted Pick, warned of a heightened risk of recession. JPMorgan CEO Jamie Dimon estimates the odds of a U.S. recession at 50%.
Personal opinion:
➡️ Gold has received strong support from the increasingly risky US-China trade war. And the fear of a US economic recession is being widely discussed.
➡️ There is little news that will strongly affect the price of gold next week. So this will be an opportunity for a short-term technical adjustment of gold to gain momentum to promote the main increase. RSI entering the overbought zone and showing signs of divergence further strengthens this argument.
➡️ Analysis based on resistance - support levels and trend lines combined with RSI to come up with a suitable strategy. Watch for technical recovery zones to get good profits for you.
S upport zone: 3217 - 3200 - 3277
Resistance zone: 3247 - 3300
FM wishes you a successful trading day 💰💰💰
Pennant pattern appears - creating bullish potential🔔🔔🔔 GBP/USD news:
➡️ Speculative net long positions in the euro (EUR) have climbed to a two-week high of nearly 60,000 contracts, while hedge funds and other market participants have increased their net short positions to around 90,500 contracts—also the highest level in two weeks. Open interest has simultaneously surged to nearly 700,000 contracts, marking a multi-week peak.
➡️ As the U.S. dollar loses momentum, the euro has gained fresh strength—even amid escalating global trade tensions. Central banks on both sides of the Atlantic are navigating uncharted territory, with remaining closely monitoring inflation, growth indicators, and newly announced tariffs. While the EUR/USD pair appears poised to extend its upward trend in the near term, shifting risk sentiment and ongoing trade developments may fuel further volatility.
Personal opinion:
➡️ EUR/USD still has short-term bullish momentum while USD breaks down to 100.00 and there are no clear signs of recovery
➡️ Bullish Pennant appears, increasing the possibility of this pair continuing to increase
➡️ Analysis based on Trend line and EMA combined with price action to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1330 – 1.1315
❌SL: 1.1280 | ✅TP: 1.1395 – 1.1450
FM wishes you a successful trading day 💰💰💰
pullback after approaching overbought level🔔🔔🔔 AUD/USD news:
➡️ The AUD/USD pair is hovering just below the 0.6400 mark as bullish momentum pauses after a recent strong rally that pushed the pair to its highest level in nearly two months the day before, ahead of upcoming Australian employment data. The Australian dollar is supported by the Reserve Bank of Australia's cautious stance on further rate cuts, expectations of more stimulus measures from China, and a temporary suspension of tariffs by Trump.
➡️ The Australian dollar's upward momentum accelerated mid-week, lifting AUD/USD close to the 0.6400 level. This bullish movement followed a renewed wave of U.S. dollar weakness, amid ongoing U.S.-China trade concerns that continue to weigh on market sentiment.
Personal opinion:
➡️ DXY is maintaining good upward momentum today and will likely continue to maintain this recovery after entering the overbought zone. Therefore, AUD/USD will have a technical pullback in the near future.
➡️ Analysis based on important resistance - support zones combined with trend lines and RSI to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy AUD/USD 0.6320 -0.6300
❌SL: 0.6275| ✅TP: 0.6370 -0.6400
FM wishes you a successful trading day 💰💰💰
GMKN Long 1D Investment Conservative Trend TradeConservative Trend Trade
+ long impulse
+ SOS test / T2 level
+ 1/2 correction
+ biggest volume Sp
Calculated stop limit
1 to 2 R/R take profit
Monthly Trend
"+ long impulse
- SOS reaction bar level
+ 1/2 weak correction"
Yearly Trend
"+ long impulse
- below SOS
+ 1/2 correction"
Waiting for a big boost for the market, over 90K BTC💎 BTC PLAN UPDATE (April 16)
First of all, congratulations to the investors. Everything went according to our trading plan and we had very good comments. Specifically, yesterday the price fell from the 86k area straight to 83k. We had more than 3000 prices together. Today's BTC trading plan did not change much.
NOTABLE NEWS ABOUT BTC:
According to Bloomberg, Bitcoin (BTC) mining hardware manufacturer Bitdeer is preparing to launch its own mining operation in the United States (US). The company intends to speed up the shipment of equipment following President Donald Trump's announcement of a 90-day tariff suspension. In addition, the pressure from tariffs has led to a decrease in Bitcoin mining hashrate among miners in the United States over the past month.
TECHNICAL VIEW
Bitcoin has faced multiple rejections around the 200-day exponential moving average (EMA) at $85,000 since Sunday. On Tuesday, BTC attempted to break above this level but was rejected and fell 1.12%. At the time of writing on Wednesday, the price was hovering around $83,500.
If BTC closes above $85,000 on a daily basis, it could extend its rally to the psychologically important $90,000 level. A successful close above this level could extend the rally to test the March 2 high of $95,000.
Please continue to pay attention to the 84.2k resistance zone, this is an important resistance zone before we DCA to higher and more important areas
==> Comments are for reference only. Wish investors successful trading
OIL go UPWTI crude oil has recently shown signs of stabilizing after a period of volatility driven by geopolitical tensions and shifting demand expectations. While supply concerns and OPEC+ decisions continue to influence price movements, the broader macroeconomic indicators—such as signs of a soft landing in the U.S. economy and resilient global demand—are starting to create a more bullish environment.
In my view, WTI is likely to start strengthening from current levels. The technical setup suggests a potential reversal, with support holding and momentum indicators turning upward. If prices break above key resistance zones, we could see a sustained move higher.
Overall, I believe it's a good time to consider a long position on WTI.
Short Term Retracement - Next Target is 3310🔔🔔🔔 Gold news:
➡️ Gold prices continued to hit fresh record highs during Wednesday’s Asian trading session, approaching the significant $3,300 mark. Persistent concerns over an escalating U.S.-China trade war and fears of a U.S. trade war economic recession amid ongoing tariff turmoil has continued to boost demand for the non-yielding yellow metal.
➡️ Another major factor driving funds into gold is the growing speculation that the Federal Reserve will soon resume its rate-cutting cycle, potentially reducing borrowing costs four times this year. Meanwhile, the prospect of aggressive Fed easing policy has failed to attract buyers to the U.S. dollar or trigger any meaningful rebound from its lowest level since April 2022, which was reached last week. As a result, gold prices remain well-supported and appear largely unaffected by minor overbought conditions on the daily chart.
Personal opinion:
➡️ Gold's RSI enters the extreme overbought zone and will have a short-term correction. Therefore, you can wait for technical recovery zones to buy gold at a good price
➡️ Note: Limit selling gold because currently the Fomo of the buying side is very large, so selling will be very risky
➡️ Analyze based on resistance - support zones and EMA combined with RSI to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy Gold 3246 -3248
❌SL: 3240| ✅TP: 3254 - 3259 - 3265
👉Sell Gold 3310 -3312
❌SL: 3317| ✅TP: 3305 – 3300 – 3295
FM wishes you a successful trading day 💰💰💰
Maintain in uptrend line- retest ATH 3247🔔🔔🔔 Gold news:
➡️ Federal Reserve Governor Christopher Waller stated that the Trump administration’s tariffs delivered a significant shock to the U.S. economy, potentially forcing the central bank to cut interest rates to avoid a recession. Global risk sentiment improved after the White House announced on Friday that smartphones, computers, and other electronic devices would be temporarily exempt from Trump’s punitive tariffs.
➡️ However, Trump emphasized that these exemptions are only temporary and added that he plans to announce new tariffs on imported semiconductors next week. He also threatened to impose tariffs on pharmaceuticals in the near future. This ongoing uncertainty, along with underlying bearish sentiment surrounding the U.S. dollar, has provided some support for the XAU/USD pair.
Personal opinion:
➡️ Today there is not much news that directly affects the gold price so it will remain in the uptrend zone. Watch the technical analysis zones to get good profits for you
➡️ Analyze based on resistance - support levels and Volume profile combined with trend lines to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy Gold 3188 - 3190
❌SL: 3183 | ✅TP: 3195 - 3200 - 3205
👉Sell Gold 3244 - 3247
❌SL: 3252 | ✅TP: 3240 - 3235 - 3230
FM wishes you a successful trading day 💰💰💰
LINK’s Swing Setup Could Push Past $15LINK bounced right off the $10 mark, charging upward toward the monthly open before slamming into resistance around $13.25. But now what?
Let’s break it down — because the next high-probability setup is taking shape, and it’s one you don’t want to miss.
The Current Situation:
LINK is:
Below the Point of Control (POC) of this trading range (~$11.35).
Below the monthly open at $13.5.
Still in a bearish trend on the 4H, showing lower highs.
Facing decent rejection from the monthly level.
We’re currently trading below the weekly open at $12.62, now sitting right on the Value Area Low (VAL) at $12.36. That puts us in a precarious spot and sets the stage for the next move.
Bearish, bearish, bearish. When bullish sir? Staying patient and waiting for a real shift in market structure is key.
The Bearish Play: Liquidity Grab Incoming?
There’s a liquidity pocket waiting below at $11.68, the most recent swing low. If LINK loses VAL and bearish pressure kicks in, this becomes the next logical target.
But here's where things get interesting...
The Bullish Setup: Confluence-Backed Long Opportunity
This isn’t just any random support zone — there’s a perfect confluence stack forming:
Swing low: $11.68
Daily support level: $11.45
Weekly support level: $11.28
POC of trading range: ~$11.35
0.618 Fibonacci retracement lands in this zone as well
That’s four layers of support in one tight cluster. This is where we want to scale into longs.
The Play: Scaling In
Entry: Ladder long positions from $11.68 down to the 0.786 fib (near $11.2)
Stop Loss: Below $10.35 for invalidation
Target: 0.786 fib retracement of the previous downward wave at ~$14.5
R:R: Approx. 3:1, with a potential +30% gain
The trend remains bearish but the chart is setting up a prime reversal zone. Patience is key here.
🔔 Set alerts. Watch for volume spikes. Look for SFPs or bullish engulfing candles etc.
The next move on LINK could offer one of the best swing setups especially since this trade could extend past the $15 mark, putting you ahead of the curve.
💬 Found this helpful? Drop a like and comment below. Want TA on another coin? Let me know and I’ll break it down for you.
Happy trading everyone! 💪
XRP - Choppy Market, Will We See $1.5 Again?After finishing the 5-wave structure in early 2025, XRP had a rough patch, trading between $3 and $2 and offering some pretty neat swing trade opportunities. Now, two months later, the big question is: will this range continue, or is a breakout on the horizon? Let’s break down the key levels and high-probability setups.
Short Trade Setup
Resistance Zone:
The weekly level and the 0.618 Fibonacci retracement are both around $2.5763 to $2.5792, aligning nicely with each other.
The anchored VWAP from the all-time high at $3.4 adds extra resistance at about $2.63.
Setup Details:
A low-risk short trade can be considered at the weekly level, with a stop-loss set above both the anchored VWAP and the swing high.
Target: The monthly open, aiming for an R:R of about 4:1.
Support Backup:
Additional support in this range comes from the 0.618 Fibonacci retracement (from a low at $1.9 to a high at $2.59), the weekly 21 SMA at $2.28, and a weekly level at $2.0942 just below the monthly open.
This support between the weekly level at $2.0942 and the monthly open is crucial for maintaining bullish momentum. If it holds, the bearish short setup stands; if it breaks, things could get tricky.
Long Trade Setup
When to Consider a Long:
If the support zone mentioned above fails, look for a long trade opportunity at the swing low around $1.77.
Support Confluence:
Primary Support: The swing low at $1.77, with lots of liquidity around that area.
Additional Layers:
The monthly level at $1.5988.
The weekly level at $1.5605 sits just below the monthly.
The 0.618 Fibonacci retracement from the 5-wave structure at $1.5351.
Anchored VWAP from the low at $0.3823, aligning with the weekly level.
And don’t forget the psychological level at $1.5.
Setup Details:
This long trade setup would offer an attractive R:R of roughly 6:1, targeting back to the monthly open for an approximate 33% gain, with a stop-loss placed below the $1.5 mark.
XRP's current trading range has provided some good short and long trade setups, a long opportunity at the swing low ($1.77-$1.5) could be the next big play. Whether you lean towards short or long, finding these confluence zones helps in making more informed, high-probability trade decisions.
If you found it helpful, please leave a like and a comment. Happy trading!
HEG Limited Stock Analysis [Fundamental+Technical]Company Overview:
Industry: Graphite Electrodes (used in Electric Arc Furnaces for steel production)
Parent Group: LNJ Bhilwara Group
Location: Largest graphite plant at a single location near Bhopal, MP
Global Reach: 67% export-based; presence in 35+ countries
Business Highlights
Products: UHP & HP Graphite Electrodes
Customers: Top 25 global steel companies
Capacity: Increased to 100,000 TPA in Nov 2023
Utilization: 81% (despite global slowdown)
Revenue from Operations: ₹2,394.90 Cr
Net Profit: ₹231.54 Cr (down 49% YoY)
EBITDA: ₹525.63 Cr (down 28% YoY)
EPS: ₹59.99
Net Cash Flow from Operations: ₹615 Cr (up from ₹114 Cr)
ROCE: ~7.2%
Return on Net Worth (RoNW): 5.63%
📈 Technical Insights:
Current Price: ₹474.60
50 EMA: ₹431.44 (support zone)
200 EMA: ₹429.40 (support zone)
Price is trading above both EMAs, indicating a bullish trend reversal.
Golden Cross formation (50 EMA crossing 200 EMA) recently occurred — a classic long-term bullish signal.
The stock bounced from ₹400 zone and now forming higher highs.
Key Strengths
One of the lowest-cost graphite electrode producers globally
Among top 5 global players (ex-China)
Strong relationships with major steelmakers
Backward integrated captive power: 76.5 MW
State-of-the-art technology and high R&D focus
Key Risks
Highly dependent on steel sector demand
Pricing pressure due to global oversupply and China's export surplus
Needle coke (key raw material) cost volatility
Current underutilization of capacity
Growth Triggers
Green Steel Push: EAF-based steel production expected to grow globally
Anode Powder Plant: ₹1,800 Cr investment in 20,000 TPA facility for EV battery anode materials; revenue expected from FY27
India’s EV & Steel Boom: Growing steel consumption (8.2% CAGR) and EV transition are long-term positives
SWOT Summary
Strengths:
Global presence, high export revenue, low-cost structure
Technological leadership
Weaknesses:
Profitability linked closely to global steel demand
Volatility in raw material prices
Opportunities:
EV market and EAF steel expansion
Threats
Competition from China, diversion of raw material to battery sector
Future Outlook
Near-term challenges due to soft steel demand
Medium to long-term outlook is strong, driven by:
Increasing EAF penetration
Global decarbonization policies
Strategic expansion into EV-grade graphite anodes
Analysis Based on Valuation + Chart
CMP:₹474.60
Fair Price Range: ₹600 – ₹1200(Using a conservative P/E range of 10 to 20)
Fair Value (DCF):₹1100+ (Based on 10% projected EPS growth over 5 years and a 12% discount rate.)
Support Levels:₹430 (EMA), ₹400 (price action)
Resistance Zones:₹490-500 (near-term), ₹600 (supply zone)
Disclaimer
The information provided in this report is for educational and informational purposes only and should not be construed as financial or investment advice. While every effort has been made to ensure the accuracy of data and analysis, no guarantees are made regarding future performance. Stock market investments are subject to market risks, including potential loss of capital. Please consult your financial advisor or conduct your own due diligence before making any investment decisions.
ABFRL , 1D Looking Very good pattern and ready for Breakout and Nifty is also Showing Bullishness , So Breakout will be very Clear and Good
Take Entry after the break of upper trendline and risk according to your risk taking capacity
in Expansion Channel this is channel Pattern and Breakout in 1D time Frame .
just risk 3-4 % of your allocation and Aim for 30% Maximum . You can book partial profits if it goes above 15% .
if it closes below the down trendline , you must be not in the trade
This is Just my point of View only
Follow for More Swing Trade Ideas
chance of slight correction to create bullish momentum🔔🔔🔔 Gold news:
➡️ Gold is retreating from its record high of $3,245 reached early Monday, extending Friday’s late decline. A drop in safe-haven demand and a broad rebound in the US dollar have weakened the yellow metal, amid news that US tariffs on Chinese semiconductors and electronics may not be as severe as expected.
➡️ After surging 6.5% last week, gold prices have slowed at the start of the new week, pausing a three-day record-breaking rally. The latest pullback in gold may be attributed to an improved risk appetite following a turbulent week.
Personal opinion:
➡️ Gold will have a slight correction after the strong increase last week. The buyers will temporarily rest to wait for more news to boost the gold price
➡️ RSI enters the overbought zone and shows signs of a bearish reversal
➡️ Analysis based on resistance - support levels and EMA combined with trend lines to come up with a suitable strategy
Resistance zone: 3247 - 3260 - 3272
Support zone: 3188 - 3145
Plan:
🔆Price Zone Setup:
👉Buy Gold 3188- 3190 (Scalping)
❌SL: 3186 | ✅TP: 3194 - 3199 - 3205
👉Buy Gold 3166- 3168
❌SL: 3160 | ✅TP: 3174 – 3180 – 3190
👉Sell Gold 3247- 3250 (Scalping)
❌SL: 3253| ✅TP: 3243 – 3238 – 3235
👉Sell Gold 3260- 3262
❌SL: 3267| ✅TP: 3255 – 3250 – 3240
FM wishes you a successful trading day 💰💰💰
1 correction to decrease recovery🔔🔔🔔 GBP/USD news:
➡️ The British pound (GBP) extended its intraday rally against the US dollar (USD) at the start of the week, with the GBP/USD pair climbing toward 1.3150 during Monday’s European session. It is now aiming to retest the six-month high of 1.3207, last seen on April 3, as investors continued to sell off the US dollar following the announcement of retaliatory tariffs between the United States and China.
➡️ The US Dollar Index (DXY), which measures the greenback’s value against a basket of six major currencies, dropped to around 99.00—its lowest level in three years.
Personal opinion:
➡️ Buyers are taking profits and pausing further upside momentum to monitor further news on the pair
➡️ The RSI is showing signs of falling after entering overbought territory.
➡️ Analysis based on important resistance - support and Fibonacci levels combined with SMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell GBP/USD 1.3180 - 1.3200
❌SL:1.3230| ✅TP: 1.3125 - 1.3050
FM wishes you a successful trading day 💰💰💰
SOL Bulls Strike Back — But Is It Sustainable?Solana continues to respect technicals with precision — after a +42.9% move from the $95 low, we're now at a pivotal moment in price structure. Let’s break down what’s happening and where the high-probability setups lie.
📍 Key Bounce Zone – Golden Pocket Confluence
Local Low: $95.26
Golden Pocket Zone (0.618–0.666): $97.09–$94.82
This area acted as a major demand zone, with price sharply rebounding.
First Volume Spike: Followed by retracement into Golden Pocket Zone at $102.
Second Volume Spike: Occurred right after touching Anchored VWAP ($108.21) from the $95.26 low, which added beautiful confluence with the Golden Pocket Zone – a secondary high-conviction long entry.
📈 Rally to Resistance – Short-Term Climax
After the anchored VWAP retest, SOL rallied into the key resistance zone aligned with the 0.786 Fib retracement from the previous down move — a historically reactive level and a prime profit-taking zone.
Monthly 21 EMA ($135.83) and the monthly 21 SMA ($133) — both key dynamic resistance zones.
Low-volume retest of that key high suggests buyer exhaustion, not continuation — a classic setup for a short-term reversal.
🧭 Current Market Structure
Current Price Action: Trading above both the weekly open ($128.38) and the monthly open ($124.54).
This forms a critical S/R zone between $124–$128, now acting as a potential battleground for bulls and bears.
As long as price stays above this zone, momentum remains with the bulls.
🔍 What to Watch Next – Reclaim or Reject?
Key Support to Watch:
$125 (psychological level) and monthly open at $124.54 – This zone is likely to be liquidity-hunted. Expect a sweep of this low, look for the reaction.
Daily Support Confluence: currently at 21 EMA: $123.77 & 21 SMA: $123.27
1.) 📈 Scenario A – Bullish Reclaim:
If SOL sweeps the low and shows strong buying reaction (bullish engulfing candle, volume spike), it sets up a potential long opportunity towards the weekly open, to watch for the next reaction.
2.) 📉 Scenario B – Failed Hold:
If there's no bullish reaction at $124–$125, expect further downside.
First target = $122
Second target = $120.65
🎯 Tactical Game Plan
Bulls:
Watch for reaction at $124–$125 – potential scalp long with tight SL.
Confirmation on volume expansion and break of $128.38 for continuation.
Re-enter long after clean retest of weekly open from above.
Bears:
Short setup possible if weekly/monthly open is broken and retested as resistance.
First TP = $122, second TP = $120.65.
ALRS 1D Long Investment Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
+ volumed T1
+ support level
+ biggest volume Sp
+ weak test
+ first bullish bar close entry
Calculated affordable stop limit
Take profit
1/3 - 1 to 2 R/R
1/3 - 1D T2 / 1M T2
1/3 - 1/2 of 1Y
Calculated affordable stop limit
Take profit
1/3 - 1 to 2 R/R
1/3 - 1D T2 / 1M T2
1/3 - 1/2 of 1Y
Monthly CounterTrend
"- short impulse
+ volumed TE / T1
+ support level
+ volumed Sp
+ test"
Yearly Trend
"+ long impulse
+ 1/2 correction
+ T2 level
+ support level
+ manipulation"
3270, waiting for new ATH gold price⭐️GOLDEN INFORMATION:
Gold prices eased during Monday's Asian session as risk sentiment improved, prompting a shift away from safe-haven assets. The upbeat market tone followed Wall Street’s strong rebound on Friday and encouraging developments in the ongoing US–China tariff dispute, temporarily reducing upward pressure on the yellow metal.
Last week, China retaliated against the US’s 145% tariff hike by imposing 125% duties on American goods but later signaled it would not respond to any additional escalations. Over the weekend, President Donald Trump floated the idea of targeting Chinese semiconductors and electronics with a separate 20% tariff—indicating a possible shift in strategy from across-the-board tariffs to more focused trade measures.
⭐️Personal comments NOVA:
Gold price, buying volume maintained, continuing the upward trend: 3260, 3270
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3270- 3272 SL 3277
TP1: $3260
TP2: $3250
TP3: $3240
🔥BUY GOLD zone: $3168 - $3166 SL $3161
TP1: $3175
TP2: $3190
TP3: $3200
⭐️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