MRF Breaking out looks good for short to mid termThis share looks ready to go higher. Risk reward sounds decent at this point. Any MRF fans out there?
Longsignal
Strong increase in Gold - 3rd quarter 2024✍️ NOVA hello everyone, Let's comment on gold price next week from 7/8 - 7/12/2024
🔥 World situation:
Gold prices surged during mid-North American trade after June's US Nonfarm Payrolls report surpassed predictions, but hints of a faster cooling labor market from downward revisions of previous months led traders to anticipate a Federal Reserve rate cut in September. This expectation weakened the Greenback and boosted gold. XAU/USD is now trading at $2,391, marking daily gains over 1.40% and weekly gains above 2.70%, partly driven by a weaker US Dollar undermined by lower US Treasury bond yields.
🔥 Identify:
Gold price broke the cumulative sideway structure and rebounded strongly in the third quarter of 2024. While the expectation of interest rate cuts this year is getting closer and closer, it is the factor that helps gold prices stay positive
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2431, $2452, $2480
Support : $2365, $2335
🔥 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
- The winner is the one who sticks with the market the longest
NF - important data ! $2390 entries expected⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The ongoing risk-on climate, represented by global equity market increases, could limit any extreme XAU/USD rally. Traders may hold off on strong bets until the US monthly employment data release. The Nonfarm Payrolls report will shape expectations of future Fed policies, impacting USD demand and giving new momentum to the precious metal, which is set to record gains for a second consecutive week.
⭐️ Personal comments NOVA:
Gold price has positive optimism in early July. NF opportunities for prices to continue to rise, expected price range $2390 - $2400
⭐️ SET UP GOLD PRICE:
🔥SELL GOLD zone: $2390 - $2392 SL $2400
TP1: $2380
TP2: $2365
TP3: $2350
⭐️ 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
- The winner is the one who sticks with the market the longest
SO CLOSE!Bitcoin has reached the green support zone, and buyers are pushing the price upward. If BTC is to grow, it should follow the green path shown in the chart, allowing traders to enter with more confidence. The analysis sets a rejection boundary at 56,500 USDT on the daily timeframe; falling below this level invalidates the bullish scenario.
#BTC #Bitcoin #CryptoAnalysis #Trading #TechnicalAnalysis
Weekend Uptrend for Gold !! Target $2388⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The Bank of England's dovish outlook and rate cut expectations, along with the European Central Bank's decision to lower borrowing costs and the Swiss National Bank's rate cut, indicate a favorable environment for bullish traders in the gold market. The breakout above the 50-day Simple Moving Average further supports an upward trend. Any downward correction could be seen as a buying opportunity, as traders await the flash global PMIs for new momentum.
⭐️ Personal comments NOVA:
Gold price trend at the end of the week is prioritized to increase - break 2350 waiting for price range $2388-$2390
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2343 - $2345 SL $2340 scalping
TP1: $2350
TP2: $2355
TP3: $2360
🔥BUY GOLD zone: $2332 - $2330 SL $2325
TP1: $2340
TP2: $2350
TP3: $2360
🔥SELL GOLD zone: $2388 - $2390 SL $2395
TP1: $2380
TP2: $2370
TP3: $2360
⭐️ 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
- The winner is the one who sticks with the market the longest
Short recovery for Gold !! zone $2350⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) rises during Asian session, reaching over one-week high around $2,338. US macro data suggests easing inflation and a slowing economy, leading to speculation of two interest rate cuts by the Federal Reserve (Fed) this year. Expectations keep the US Dollar (USD) near weekly low, supporting gold as a commodity.
⭐️ Personal comments NOVA:
Gold price sideways, moving within the 2300 - 2350 range, expecting a recovery close to the $2350 price range and then adjusting again without too much important economic data.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2306 - $2304 SL $2298
TP1: $2315
TP2: $2322
TP3: $2330
🔥SELL GOLD zone: $2353 - $2355 SL $2360
TP1: $2345
TP2: $2338
TP3: $2330
⭐️ 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
- The winner is the one who sticks with the market the longest
Break out time for Karnataka bank. Worth the risk nowRight now in good support area. Expecting upside from here. Hopefully it respects my stop loss. First target 280 maybe more till a resistance up there
UNFI ANALYSIS🚀#UNFI Analysis : What Next ??💲💲
✅As we can see that there was a formation of "DESCENDING CHANNEL PATTERN" in #UNFI and given a breakout. We are expecting around 30-35% bullish move after a good breakout📈
🔰Current Price: $4.233
🎯 Target Price: $5.739
⚡️What to do ?
👀Keep an eye on #UNFI price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#UNFI #Cryptocurrency #TechnicalAnalysis #DYOR
IEX is breaking outafter so many months of side ways this stock is breaking out. Good news for the holders :)
NOTUSDT above the RESISTANCE LEVELHello traders, I am expecting further uptrend from NOTUSDT, expecting to reach the Premium Zone (0.036), and please PAY ATTENTION, this signal is cancelled by breaking (0.018) ...
You can put a SL below 0.018 for a better risk management.
enjoy trading!
JASMYUSDTAccording to the labeling that has been done and if it is correct, we can expect the start of an upward rally in the form of wave 5 of 3.. Spot buying around $0.0324 can be associated with less risk.
Good time to accumulate Cantabil shareEither we can accumulate now or after the break out is confirmed. Sounds promising though :)
Relaxzo is one my stock did not fair well lately. maybe now?I have changed some of plan to this stock. I guess it will perform this time well.
Bit late to long Amrutanjan stock worth tryingJust now seeing this break out. Missed some % of profit. Still it has some gas until previous high.
Good time to accumulate Borosil Renewals shareLooks like a good Risk reward at this point. Until breaks my Stop loss below worth taking the risk from my angle.
Clear break out in Stove craftThis stock seems to have break out with good volume. Will be interested for the ones who like break out stocks :) I have kept long stop loss just to beat the fake outs. Fingers crossed!
Gold price break - a recovery in price⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) rose for the second consecutive day and reached a two-week high of around $2,373 during Thursday's Asian session. This increase is driven by expectations that major central banks will reduce borrowing costs to stimulate economic activity. The Bank of Canada (BoC) recently lowered its benchmark rate for the first time in four years, signaling concerns about slowing economic growth. Additionally, the European Central Bank (ECB) is anticipated to cut interest rates for the first time since March 2016 at its June policy meeting today.
⭐️ Personal comments NOVA:
Gold price breaks from the upper border - recovery and upward momentum at the end of the week. Pay attention to upcoming resistance zones
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2355 - $2357 SL $2352 scalping
TP1: $2360
TP2: $2368
TP3: $2378
🔥BUY GOLD zone: $2341 - $2339 SL $2334
TP1: $2350
TP2: $2360
TP3: $2370
🔥SELL GOLD zone: $2378 - $2380 SL $2385
TP1: $2370
TP2: $2360
TP3: $2350
⭐️ 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
- The winner is the one who sticks with the market the longest
ATOM ANALYSIS (4 hr )🚀#ATOM Analysis :
🔮As we can see in the chart of #ATOM that there is a formation symmetrical triangle pattern. Also there is a perfect breakout. Our target price is $9.260 which is 6% move from our current price📈📈
🔰Current Price: $8.728
🎯 Target Price: $9.260
⚡️What to do ?
👀Keep an eye on #ATOM price action. We can trade according to the chart and make some profits⚡️⚡️
#ATOM #Cryptocurrency #BREAKOUT #TechnicalAnalysis #DYOR
BCH ANALYSIS🚀#BCH Analysis :
🔮As we can see in the chart of #BCH that there is a formation symmetrical triangle pattern. Also there is a perfect breakout. But there is an instant resistance zone and if #BCH sustain this breakout and also breakout the resistance 1 zone then we would see a bullish move📈📈
🔰Current Price: $492.9
🎯 Target Price: $700
⚡️What to do ?
👀Keep an eye on #BCH price action. We can trade according to the chart and make some profits⚡️⚡️
#BCH #Cryptocurrency #TechnicalAnalysis #DYOR
Good time to long TCSIt is in good support region. Worth trying to enter now. I have given a big stop loss in case it crashes from here due to market crisis.
DOGEHi guys
Considering the consumption of the specified range, the probability of reaction to the specified price range is very high.
On the higher time frame, the probability that a higher ceiling will be formed compared to the previous ceiling is very weak.
As a result, our bullish view is short-term for now.
What do you think?
USDJPY Long...USDJPY Long...
If it breaks above the triangle, the continuation of the trend will definitely be bullish
GALA ANALYSIS🚀#GALA Analysis :
🔮As we can see in the chart of #GALA that there is a formation symmetrical triangle pattern. Also there is a perfect breakout. But there is an instant resistance zone and if #GALA sustain this breakout and also breakout the major resistance zone then we would see a bullish move📈📈
🔰Current Price: $0.04740
🎯 Target Price: $0.08253
⚡️What to do ?
👀Keep an eye on #GALA price action. We can trade according to the chart and make some profits⚡️⚡️
#GALA #Cryptocurrency #TechnicalAnalysis #DYOR
