When will the gold price adjust down?⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) enter a phase of bullish consolidation near their record high, as traders take a cautious stance ahead of the highly anticipated Federal Open Market Committee (FOMC) policy decision on Wednesday. The consensus widely expects the Federal Reserve (Fed) to maintain the federal funds rate within its current range of 4.25% to 4.50%. Consequently, market attention will be centered on the Fed’s updated economic projections and Chair Jerome Powell’s post-meeting remarks, which could offer crucial insights into the future trajectory of interest rate cuts. These developments will be instrumental in shaping US Dollar (USD) movements and influencing gold’s next directional move.
⭐️Personal comments NOVA:
continue to grow, long term uptrend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3058 - $3060 SL $3065
TP1: $3050
TP2: $3040
TP3: $3030
🔥SELL GOLD zone: $3044 - $3046 SL $3049
TP1: $3040
TP2: $3030
TP3: $3020
🔥BUY GOLD zone: $3004 - $3002 SL $2997
TP1: $3010
TP2: $3020
TP3: $3030
⭐️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
Longsetups
Why Invest in CONMED Corp (CNMD)?Why Invest in CONMED Corp (CNMD)?
Strong Earnings Growth – CONMED has experienced a remarkable increase in earnings, with EPS surging by 104% year-over-year and net income rising by 105% YoY. This indicates strong financial performance and profitability momentum.
Attractive Valuation – The stock is currently trading at a P/E ratio of 13.79, which is significantly lower than its historical averages. This suggests that CNMD may be undervalued relative to its past performance and industry peers.
Consistent Revenue Growth – The company reported revenue of $1.31 billion for the last year, marking a 5% increase compared to the previous period. This steady growth highlights CNMD’s ability to expand its market presence.
Improving Margins and Efficiency – CONMED has seen an increase in operating income (+66% YoY), operating margin (+58% YoY), and return on assets (+104% YoY), demonstrating better cost management and operational efficiency.
Dividend and Low Payout Ratio – The company pays a dividend of $0.80 per share, yielding approximately 1.35%, with a conservative payout ratio of 18.6%. This allows room for future dividend increases while maintaining financial flexibility.
Healthcare Sector Stability – As a medical technology company specializing in surgical devices, CONMED operates in a defensive sector that tends to be resilient during economic downturns. This provides investors with a level of stability.
Solid Balance Sheet and Liquidity – The company has a current ratio of 2.3, indicating strong short-term liquidity. Additionally, its quick ratio of 0.94 suggests it can cover its immediate liabilities effectively.
Final Thoughts:
CONMED presents a compelling investment case due to its strong earnings growth, attractive valuation, improving profitability, and stable position in the healthcare sector. However, potential investors should always consider market conditions and individual risk tolerance before making investment decisions.
Google Update - Trade this range and new ATH Identified Update video on the google Long that has been planned since early FEB. The level has now been hit and we got a nice reaction off that level . In this video I look into where I think we go next and how price plays out .
In the video I use the following tools TR Pocket FIB , 0.618 FIB , Pivots , Parallel Channel and the Fixed range Vol Profile.
If we stay range bound inside the channel then we have the potential to see a new high on google at the top of the channel in confluence with 1-1 ext + tr pocket expansion .
Watch the video and mark the levels on your chart and ensure to set your alerts .
Dont forget to Boost the chart Please and i welcome any questions TY
Is Gold Price Heading for an All-Time High?🔆News:
• Gold prices remained elevated heading into the European session on Friday, hitting a fresh multi-month high near $2,778 in the final hour. Comments from US President Donald Trump, declaring that he did not want to impose tariffs on China, eased concerns about a trade war and inflation. This pushed US Treasury yields further lower, as Trump called for lower interest rates, pushing the US dollar to a one-month low and boosting demand for the non-yielding precious metal.
• Trump said his discussions with Chinese President Xi Jinping were friendly and expressed optimism about securing a trade deal without resorting to tariffs. This eased concerns that his protectionist measures could fuel inflation, while also reinforcing expectations of further monetary easing by the Federal Reserve, which supported gold prices.
• Market participants are now waiting for the fast-moving PMI data to get a clearer picture of the health of the global economy. Any deterioration in risk sentiment could boost XAU/USD.
🔆 Opinion:
• The 1H Relative Strength Index (RSI) is approaching overbought levels, suggesting a possible minor pullback before the next significant rally towards the crucial 1.618 Fibonacci level at $2,790, which is a strong resistance zone.
• On the downside, the nearest support lies between $2,760 and $2,758. A break below this range could push gold prices down to retest recent lows, with the final buy zone located between $2,720 and $2,723.
🔆 Plan:
Price Zone Setup:
👉 Buy Gold 2720 – 2723
❌SL: 2715 | ✅TP: 2730 – 2737 – 2745
👉SELL Gold 2788 -2790
❌SL: 2794 | ✅TP: 2784 - 2780 - 2775
Thank you for reading my comment: "FM"
Gold continues rally from 2650?Dear traders, Tom here!
Spot gold hit a near two-week high in the Asian session as the worsening Russia-Ukraine conflict benefited traditional safe-haven assets. The weekly uptrend appears to be unaffected by bets for a less aggressive Fed easing, continued USD buying and the prevailing risk-on environment. At the time of writing, gold is hovering around $2,683 and up 0.51% on the day.
Technically, gold confirms bullishness, we are watching the resistance zone ahead after a false break of 2,686, a break would be bullish while a hold would be bearish. But in any case, the preference remains on the buyers, as interest in the metal as a hedge has returned.
Medium-term target could be 2,710-2,750
BANKNIFTYHi guys,
In this chart i Found a Demand Zone in BANKNIFTY CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
FEDRAL BANK MY VIEW The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Please keep your comments useful & respectful.
Keep it simple, keep it Unique.
Thanks for your support
Tradelikemee Academy
Saanjayy KG
🔥 35% - 50% Upside Potential | BSOFT 🔥 35% - 50% Upside Potential |
NSE:BSOFT
Bullish Reversal confirmation after DOJI
✅ Buy Level - Rs 580-598
✅ SL - Rs 559
✅ Target - Rs 639/669/695/748/861
✅ Bullish Reversal confirmation after DOJI
✅ RSI moving upwards of 40
Trade :-
✅ Buy Future Rs 580-598
✅ Buy Equity
Look at the chart for more information
Do share your thoughts on the analysis. Lets decode the charts together.
Mana Long Term Setup (Also short term)Decentraland (Mana) is about to go to the clouds once more again.
Everything's set and ready;
According to Elliot Wave Theory, phase 2 on weekly time frame has ended. We are ready for Wave 3, which is the wave you'd wanna be in for.
In 3 day chart zone, RSI is strong. Also in 12H time frame as well. I checked it's on chain data as well, looks okay.
Only Buy "Spot" and Hold until the target price is hit.
No stoploss will be given.
Short Term targets: 0,8217 - 0,8860
Long Term targets (for gigachads): 0,959 - 0,1267
Is DXY about to pump to 105.??Based on the daily chart, I'm expecting a correction to 105 before bearish continuation. If 105 does not hold then we like will see dollar getting strong, so that leaves a question of whats gonna happen to pairs trading against the dollar?? but I am expecting 105 to hold, then from then bearish continuation to complete wave 5 since if 105 holds then our wave 4 will be around that price.
In summary:
Pump to 105 is expected.
105 breaks then expect 108.
105 holds then expect further drop on DXY till new Lows below 100.
#GAS/USDT SPOT LONG ENTRY#GAS/USDT SPOT LONG ENTRY🍀
Leverage: 1x
Entries: $8.124
Take profit 1: $9.206
Take profit 2: $13.578
Take profit 3: $22.643
Stop Loss: $5.075
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
Time to Buy PATH: Positive News and Analytical OptimismShares of UiPath Inc. (NYSE:PATH) , a company specializing in process automation using robotic software agents, now represent an attractive investment opportunity. Recent positive news about the company, including strong quarterly reports and new strategic partnerships, has significantly improved its market potential.
Analysts note that UiPath is at the forefront of the automation sector, offering advanced solutions that are in demand in many industries. The growing demand for process automation and digital transformation promises an increase in the company's revenues in the medium and long term.
In addition, the company demonstrates strengthening of its market position through new partnerships and expansion of its product portfolio. This not only increases its revenue, but also enhances its resilience to market fluctuations.
Considering these factors, PATH shares represent an attractive opportunity for investors seeking growth in the technology and innovation sector. Given the current positive trends and optimistic forecasts of analysts, investing in PATH shares may offer significant growth potential in the future.
LOREAL possible buyL'oreal, a French cosmetic giant is forming a possible buy position for investors. What am I looking at?
1. I am seeing forming of a Cup and Handle formation on a weekly time frame, which looks very nice.
2. Next important thing to consider, the price of the stock regained 50MA on weekly time frame , which is considered a nice bullish move and a chance to "get in" at a good price. Last time the price regained 50MA was on April 2020, and it has been rising ever since.
3. We have a small downtrend line which is about to be broken, price is sitting at 10EMA, priced around 404.4euros per share. I would like to see that level to be broken, before I enter with my first purchase.
4. The thing I liked, is that the price bounced hard from it's support level, sitting at 370.7 to 371.85 price level, and started making higher high's. This price movements are like a small cool off in trading, and market catching a break before the price makes new higher high.
5. My first entry point would be just above the current price, I would scroll down to H4 time frame, and wait for the down trendline to be broken before I enter.
6. Stop Loss for this first entry would be sitting 10-12 euros below the current price, price level 389 . Why there? On the H4 time frame, just above this price level is the 50MA. If this level gets broken I will consider that market doesn't have the necessary strength to continue it's move up.
7. Second entry point , if everything goes as planned, would between 429 and 435 price levels, I would consider that Cup and Handle was fully formed once price breaks above those price levels.
As always, please do your due diligence before investing your hard earned cash, don't follow advice from a random guy on TradingView.