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
Longterm
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 💰💰💰
ETH is fighting in the support zoneHello everyone, I invite you to review the current situation on ETH. When we enter the one-day interval, we can see how the ETH price moved in a strong downtrend channel. What's more, we can see that the price fell below the main uptrend line.
As we can see, the price is currently fighting to break out on top in the support zone from $ 1690 to $ 1350, in a situation if this zone was broken, we could see another strong drop to the support area at $ 884 at the previous low after the bull run.
On the other hand, if ETH gets wind in its sails again, it must first pass through the resistance zone from $ 1952 to $ 2100, while further on there is a very strong zone from $ 2500 to $ 2740.
However, here, taking into account the one-day interval, the RSI indicator shows a breakout above the top of the border, which may affect the potential end of the current uptrend.
UNI — Time to Accumulate? A Clean Long-Term SetupUNI is the native token of the Uniswap DEX — and it's finally back in our interest zone.
After a brutal 70% correction from previous highs, price has retraced into a key accumulation range between $3.60 – $6.76.
This isn’t just another alt — UNI is a fundamental token that arguably deserves a place in every long-term portfolio.
Spot entry around $5.50 looks reasonable, with higher timeframe targets at $10.35, $17.03, and $19.47.
No overtrading here — just a clean long-term thesis. Accumulate, sit back, and let the narrative unfold.
More thoughts in my profile @93balaclava
Personally I trade on a platform that offers low fees and strong execution. DM me if you're interested.
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 💰💰💰
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 💰💰💰
GOLD(XAUUSD) -Weekly Forecast,Technical Analysis & Trading IdeasMidterm forecast:
2772.38 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 2772.38 is broken.
OANDA:XAUUSD TVC:GOLD
Technical analysis:
A peak is formed in daily chart at 3167.60 on 04/03/2025, so more losses to support(s) 3000.00, 2955.00, 2879.11 and minimum to Major Support (2772.38) is expected.
Take Profits:
2833.00
2879.11
2955.00
3000.00
3057.40
3100.00
3167.60
3200.00
__________________________________________________________________
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ForecastCity Support Team
SPX/GOLD ratio near to key supportcrossing below moving average of 200 months could trigger a secular movement in favour of gold.
Potential global debt colapse and lack of confidence in USD + high valuation, mag-7 concentration and high growths expectations on AI are macro/fundamental facts that supports this idea.
XRP - Two Longs on the Horizon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Medium-Term: XRP broke below the $2 support zone last week, shifting the momentum from bullish to bearish.
📍 As it retests the lower bound of the channel — which perfectly intersects with the orange demand zone and the $1.5 round number — I’ll be looking for short-term longs.
🚀 For the bulls to take over in the long term and kick off the next bullish phase, a breakout above the red structure at $2.15 is needed.
Which scenario do you think will happen first — and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Is there any correction for EUR/USD?🔔🔔🔔 EUR/USD news:
➡️ EUR/USD regained momentum and surpassed 1.1300 in the European session on Friday. The currency remained supported amid easing US-EU trade tensions and a weaker US dollar. Tariff talks will be closely watched along with Lagarde's speech and US data.
Personal opinion:
➡️ EUR/USD RSI entered the overbought zone and showed signs of divergence. This is likely to be a time for buyers to take profits.
➡️ Look at technical recovery zones to make good profits for you
➡️ Analyze based on important resistance - support and Fibonacci levels combined with EMA and RSI to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Buy EUR/USD 1.1210 – 1.1220
❌SL: 1.1170| ✅TP: 1.1280
👉Sell EUR/USD 1.1460 – 1.1470
❌SL: 1.1510| ✅TP: 1.1410 – 1.1350
FM wishes you a successful trading day 💰💰💰
What is the stopping point for this strong Fomo buying?🔔🔔🔔 Gold news:
➡️ Gold prices hit an all-time high of $3,219 during Friday’s Asian session, supported by a weaker U.S. dollar and escalating trade tensions between the United States and China, which boosted demand for traditional safe-haven assets. Meanwhile, expectations of a more dovish Federal Reserve also contributed to the rally. Earlier U.S. economic data released the same day weighed on the greenback, as inflationary pressures eased more than anticipated in March, according to the Consumer Price Index figures.
Personal opinion:
➡️ Fomo selling pressure is too strong, and it is very risky to sell now. So waiting for prices to fall to technical levels and buying is the most reasonable decision
➡️ Note: update the latest information on tariffs and the US-China trade war. This is the focus in the coming time
➡️ Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Buy Gold 3174- 3176 (Scalping)
❌SL: 3169 | ✅TP: 3180 – 3185– 3190
👉Buy Gold 3156- 3158
❌SL: 3150| ✅TP: 3163 – 3170 – 3180
👉Sell Gold 3235- 3237 (Scalping)
❌SL: 3243| ✅TP: 3230 – 3225 – 3220
👉Sell Gold 3255- 3257
❌SL: 3262| ✅TP: 3250 – 3245 – 3240
FM wishes you a successful trading day 💰💰💰
Main trend is up again - soon to regain 3140 area🔔🔔🔔 Gold news:
➡️ Gold prices extended their earlier recovery to trade near $3,100 in the Asian session on Thursday. Safe-haven demand amid escalating trade tensions between the United States and China provided some support for the precious metal. The selling of the US Dollar (USD) remained unabated amid the prospect of multiple Fed rate cuts in 2025 and continued to benefit Gold prices
Personal opinion:
➡️ The main uptrend of gold has returned and the deep correction has ended. So it is safer for you to wait for technical pullbacks to buy at good prices
➡️ Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉 Sell Gold 3138 – 3140
❌SL: 3145 | ✅TP: 3133– 3128 – 3123
👉 Buy Gold 3100 – 3102
❌SL: 3095 | ✅TP: 3107– 3113 – 3123
FM wishes you a successful trading day 💰💰💰
waiting for US CPI news and BOOM- strong increase🔔🔔🔔 Gold news:
➡️The earlier sell-off was likely a result of broad-based asset liquidation, possibly due to margin calls or similar pressures. However, as the selling pressure eased, gold re-emerged as a safe haven during times of uncertainty. Its growing rebound reflects investor concerns over tariff threats and the potential reshaping of global trade norms.
➡️ As protectionist rhetoric intensifies, markets are increasingly pricing in policy uncertainty and the risk of a fundamental shift in established economic and trade frameworks. In this context, gold serves as a strategic hedge—not only against inflation but also against geopolitical fragmentation and the threat of a more chaotic global economic order.
Personal opinion:
➡️ The buyers are controlling the situation and maintaining the area above 3100. So a long-term selling position is risky. Consider technical retracement zones to buy at good prices is a reasonable choice
➡️ Analyze based on important resistance - support and Fibonacci levels combined with RSI to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉 Sell Gold 3154 – 3156
❌SL: 3145 | ✅TP: 3133– 3128 – 3123
👉 Buy Gold 3100 – 2998
❌SL: 2993 | ✅TP: 3105– 3101 – 3115
FM wishes you a successful trading day 💰💰💰
EUR is outperforming USD - maintaining gains in the short term🔔🔔🔔 EUR/USD news:
➡️ The EUR/USD pair climbed toward 1.1065 during early European trading on Wednesday, as the U.S. dollar weakened against the euro following the implementation of President Donald Trump's tariff policies. Later in the day, market participants are expected to turn their focus to the release of the FOMC meeting minutes.
➡️ On Tuesday, the U.S. dollar came under increased selling pressure as optimism surrounding potential tariff negotiations appeared to boost overall market sentiment.
➡️ Meanwhile, across the Atlantic, EU Commission President Ursula von der Leyen reiterated that while the EU remains open to negotiations, it is also prepared to respond with retaliatory measures. With the eurozone potentially facing a GDP loss of up to 0.5% if tensions escalate, market conditions remain on edge.
Personal opinion:
➡️ EUR/USD will continue to rise today following positive news for the EUR
➡️ However, the pair's RSI has entered overbought territory and is showing signs of a short-term reversal. Therefore, watch for technical recovery zones to buy at good prices.
➡️ Analysis based on important resistance - support and fibonacci zones combined with RSI to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1030- 1.1020
❌SL: 1.0985 | ✅TP: 1.1080 – 1.1130
FM wishes you a successful trading day 💰💰💰
Bitcoin -Weekly, Daily, H4, H1 Forecasts, Trading IdeasMidterm forecast, Weekly Timeframe:
While the price is above the support 70550.04, resumption of uptrend is expected.
We make sure when the resistance at 91037.20 breaks.
If the support at 70550.04 is broken, the short-term forecast -resumption of uptrend- will be invalid.
BITSTAMP:BTCUSD MARKETSCOM:BITCOIN
Daily Timeframe:
A trough is formed in daily chart at 74545.70 on 04/09/2025, so more gains to resistance(s) 86499.57 and maximum to Major Resistance (91037.20) is expected.
Take Profits:
86499.57
91037.20
94505.46
98675.19
101430.12
105431.17
109932.89
115000.00
120000.00
125000.00
130000.00
140000.00
H4 Timeframe:
H1 Timeframe:
________________________________________________________________
❤️ If you find this helpful and want more FREE forecasts in TradingView,
. . . . . . . . Hit the 'BOOST' button 👍
. . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?)
🙏 Your support is appreciated!
Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
Latest US Tariff News Supports USD/JPY's Upward Momentum🔔🔔🔔 USD/JPY news:
➡️ US President Donald Trump said on Wednesday he would temporarily roll back the heavy tariffs he imposed on dozens of countries while continuing to ramp up pressure on China, sending US stocks soaring. US stocks rose on the news, with the benchmark S&P 500 index, open new tab, closing up 9.5%. Bond yields fell from earlier highs and the dollar recovered against safe-haven currencies.
Personal opinion:
➡️ USD/JPY will find strong support after the news. Currently, USD/JPY shows signs of a pullback as the RSI enters overbought territory, but that is only temporary. in the coming time, the upward momentum for this currency pair will still be maintained
➡️ Analysis based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy USD/JPY 146.6 – 146.45
❌SL: 145.90 | ✅TP: 147.20 – 148.00 – 148.70
FM wishes you a successful trading day 💰💰💰
WLD — Heavy Discount. Long-Term Opportunity on the TableWLD has pulled back over 80% from its previous high — a massive correction that now opens the door for long-term accumulation. The current range looks like a gift for patient players. Don’t sleep on setups like this — they don’t come often.
Follow for more high-conviction plays like this one.
Entry: 0,7-0,71
TP: 1,37-3,35
Gold continues to rise today - waiting for FOMC🔔🔔🔔 Gold news:
➡️ Gold prices remain confined to a range near multi-week lows reached on Monday amid mixed fundamental signals. The ongoing global trade war and growing fears of an economic recession have triggered a prolonged sell-off in stock markets worldwide. Additionally, rising expectations of more aggressive interest rate cuts by the Fed and a weaker US dollar have provided some support for bullion.
➡️ The global focus continues to revolve around US President Donald Trump’s trade war, and the recent calm appears to be only temporary. Market turbulence is expected to resume in the coming days as major economies are likely to announce countermeasures.
Personal opinion:
➡️ Gold still maintains its limited upward momentum today and awaits upcoming FOMC news. Potential uncertainties are still the main driving force for gold prices
➡️ Analysis based on resistance - support levels and pivot points combined with EMA and trend lines to come up with a suitable strategy
Resistance zone: 2978 - 2957
Support zone: 3033- 3056 - 3073
Plan:
🔆Price Zone Setup:
👉Sell Gold 3032- 3034 (Scalping)
❌SL: 3038 | ✅TP: 3028 - 3024 - 3020
👉Sell Gold 3058- 3056
❌SL: 3063| ✅TP: 3051 – 3046 – 3041
👉Buy Gold 2956- 2958
❌SL: 2950 | ✅TP: 2963 – 2968 – 2973
FM wishes you a successful trading day 💰💰💰
GBP/USD Today - Maintaining Uptrend🔔🔔🔔 GBP/USD news:
➡️ The British Pound (GBP) extended its previous day’s rebound, rising toward 1.2850 against the U.S. Dollar (USD) during Wednesday’s European session. The GBP/USD pair gained as the U.S. dollar remains under selling pressure amid growing concerns that the United States may enter a recession this year. TheU.S. Dollar Index (DXY), which measures the greenback against a basket of six major currencies, dropped sharply toward the 102.00 level.
➡️ A renewed escalation in the U.S.-China trade conflict has heightened fears of a U.S. trade conflict. recession. recession. On Tuesday, President Donald Trump signed an order raising tariffs on Chinese goods to 104% after Beijing responded with retaliatory measures. Trump also accused China of currency manipulation to offset the impact of higher tariffs.
Personal opinion:
➡️ The US-China trade war is getting hotter, which will be detrimental to the USD, supporting the GBP/USD currency pair. Therefore, GBP/USD remains within the uptrend line.
➡️ Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy GBP/USD 1.2815 – 1.2800
❌SL: 1.2760 | ✅TP: 1.2865 – 1.2900
FM wishes you a successful trading day 💰💰💰
USD/JPY Trend Update Today - Maintaining Uptrend🔔🔔🔔 USD/ JPY news:
➡️ The Japanese Yen (JPY) maintains its upward bias against a weaker U.S. Dollar (USD) during Asian trading on Tuesday, despite a lack of strong follow-through buying. While escalating concerns over the negative impact of intensification U.S. tariffs on Japan's economy persist, investors appear confident that the Bank of Japan (BoJ) will continue raising interest rates in 2025, amid signs of rising domestic inflation. Moreover, fears of global economic disruption stemming from U.S. President Donald Trump's tit-for-tat tariff policies have added to the safe-haven appeal of the JPY.
➡️ Still, a modest sentiment rebound in global risk has curbed aggressive bullish bets on the Yen. On the flip side, the USD came under renewed selling pressure, halting its two-day recovery from multi-month lows seen last week, as markets increasingly price in the possibility that the U.S. Economic downturn caused by tariffs could push the Federal Reserve to resume its rate-cutting cycle faster than expected. This stark contrast to the BoJ’s hawkish outlook suggests that the path of least resistance for the lower-yielding JPY remains to the upside.
Personal opinion:
➡️ DXY’s RSI is showing signs of falling after entering the overbought zone, causing USD/JPY to decline in the short term
➡️ The initial uptrend is still maintained, so watch for technical recovery zones to be able to buy at good prices.
➡️ Analysis based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy.
Plan:
🔆Price Zone Setup:
👉Buy USD/JPY 146.20- 146.00
❌SL: 145.60 | ✅TP: 146.70 – 147.20 – 148.00
FM wishes you a successful trading day 💰💰💰
US500 - Long-Term Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈US500 has been overall bullish trading within the rising channel marked in blue.
Moreover, it is retesting its previous all-time high at $4,800 and round number $5,000.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of previous ATH and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #US500 approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.