GOLD TRADING UPDATE > READ THE CHTAPIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 Gold still holding it up rising Gold 🪙 today take again 💪 new ATH 2845 I will see again for New ATH 2880 ) Gold Traders SMC-Trading Point update technical patterns b. SMC ) Gold recovery samll trade Short 😀 2830 - 2817 that is good support level of buying zone ☺️ 🥂 good luck 🤞
Key Resistance level 2845 + 2880
Key Support level 2830 - 2817 - 2772
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
Metals
GOLD - Prise will correct and then continue grow to $2830 pointsHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some time ago price entered to rising channel, where it soon reached support area and then made a correction.
Then price bounced from support line and soon rose to $2730 level, broke it, and continued to move up.
Price made a small correction and soon rose to resistance line of channel and exited from this pattern.
After this, price started to trades in between resistance line and with support line and at once fell to support line.
Next, Gold in a short time rose to $2785 level and broke it, after which corrected and now continues to grow.
So, in my mind, XAU can correct to support level and then continue to move up to $2830 resistance line.
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Silver’s Deep Retrace: Long Setup with Bullish Potential I’ve entered a long trade on Silver (XAG/USD) after observing a deep retrace to the 0.7 Fibonacci level on the daily timeframe. The entry at $28.96 is positioned strategically based on historical support and the current technical setup.
The stop loss is set at $26.54 to mitigate risk, while the take profit target is $36.00, aligning with a potential bullish continuation. In the bearish scenario, a break below $27.50 will prompt a reassessment and tighter risk management. Conversely, on the bullish side, breaking above $32.50 will strengthen the case for holding towards the TP.
Silver’s price action showcases its potential for a significant bounce back, supported by current geopolitical and macroeconomic conditions.
Fundamentals:
1. Federal Reserve’s Hawkish Stance:
The Fed’s updated projections for rate cuts in 2025 have pressured silver prices, as a stronger dollar and rising Treasury yields (above 4.5%) diminish the appeal of non-yielding assets. However, easing inflation in the long term could rejuvenate demand for precious metals.
2. Geopolitical Tensions:
Although silver traditionally benefits from uncertainty, recent macroeconomic headwinds, such as concerns about tariffs under the new Trump administration and sluggish global economic recovery, have overshadowed its safe-haven status.
3. Industrial Outlook:
Challenges in the industrial demand for silver, particularly from China’s solar panel production slowdown, add pressure. However, as inflation stabilizes and geopolitical risks unfold, silver could regain its industrial and safe-haven allure.
Technicals:
• Entry: $28.96
• Stop Loss: $26.54
• Take Profit: $36.00
• Key Levels:
• Bearish Scenario: Manage position below $27.50.
• Bullish Case: Strength above $32.50 confirms upward momentum.
This setup leverages a confluence of technical retracement, macroeconomic factors, and the potential for a trend reversal. Stay sharp and pay yourself as the market unfolds.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
monthly chart of XAU/USD (Gold Spot) showing a long-term This is a monthly chart of XAU/USD (Gold Spot) showing a long-term ascending channel.
Key Observations:
1. Price is near the upper boundary of the channel, around $2,874
2. Potential resistance at approximately $3,202, marked with an upward arrow.
3. Previous price action shows respect for channel boundaries**, meaning a pullback from resistance is possible.
4. Support zones** lie around $2,767–$2,861, while a major lower trendline support is near $2,099–$1,911.
Possible Scenarios:
- If momentum continues, gold may test $3,200 before seeing a correction.
- A rejection from the upper channel could trigger a retracement towards $2,767–$2,861.
- Breakout above $3,200 could signal a strong bullish continuation.
GOLD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GOLD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2,840.287 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GOLD pair.
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GOLD (XAUUSD): The Next Resistance is Here:
Many Gold traders are now speculating where is the next strong
resistance on XAUUSD chart.
I see a very peculiar zone ahead that is based on a significant
rising trend line that the market has been respecting since 2023
and 2900 psychological level.
Probabilities will be high to see at least a pullback from that zone.
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Silver, bullish or bearish? Greetings, traders! Welcome to this Silver (XAGUSD) market analysis, where we focus on identifying higher-probability trading opportunities.
In this video, I start by analyzing the yearly down to the daily charts, highlighting key trading zones, and discussing the confirmations we look for to optimize our swing entries.
If you like the breakdown, boost the idea and follow to receive more ideas.
Trade safely
Gold’s Got Game!Gold’s Got Game: Why This Metal’s Making Fiat Look Like Monopoly Money 🤑
Introduction
Gold isn’t just shiny—it’s sassy. While fiat currencies are busy falling apart like a cheap IKEA table, gold’s over here flexing in style. The chart? Oh, it’s a thing of beauty—a perfectly behaved ascending channel, the kind that makes traders weak in the knees. But wait, there’s more! Let’s dig into why gold’s the MVP of this market. Spoiler: It doesn’t involve a billionaire tweeting 🚀.
Trendlines So Sexy, They Should Be Illegal
Look at that chart. Just LOOK at it. Perfect lines, clean swings, and a channel that’s so disciplined it could teach your trading account some manners. Gold’s not just going up—it’s strutting. This isn’t your everyday pump-and-dump nonsense; this is a long-term glow-up.
Gold’s Secret Sauce 🍯
Why is gold moonwalking its way to the top? Glad you asked:
Inflation’s Revenge 😡
Central banks printing money faster than you can say “quantitative easing”? Classic. Every dollar you hold is depreciating, but gold? It’s sipping tea, whispering, “Stay poor, fiat.”
Geopolitical Chaos 🎭
From trade wars to actual wars, the world’s on fire 🔥, and gold is the fireproof safe. Every time a headline screams “uncertainty,” gold gains another point.
Chart Patterns: Gold's Glow-Up Timeline 🌟
The Breakout Bounce (Feb–May): A breakout so clean it probably eats kale salads. Gold smashed through resistance and said, “Later, losers.”
The Mid-Year Flex (June–August): A pullback? Sure. But even then, it respected the channel like a disciplined trader.
The Current Power Move (Feb 2025): Now we’re seeing that next-level push, eyeing $2,900 like it’s a Black Friday sale.
And let’s not ignore the elephant in the room: that arrow aiming straight for the top. Whoever drew it, we get it. Moon or bust 🚀.
The Real Question: Are You Late to the Party? 🥳
Short answer: Nope. Long answer: If this channel holds (and it’s been rock-solid so far), gold’s got room to run. But don’t just take my word for it—check the fundamentals. Oh wait, they’re screaming “BUY” too. 😏
Gold isn’t just moving—it’s making a statement. In a world full of financial chaos, it’s the one asset that doesn’t flinch. While fiat currencies play hot potato, gold’s over here saying, “Come at me, bro.” So, are you going to keep watching from the sidelines, or are you ready to get in the game? Your move.
Gold’s making moves, and the chart isn’t lying. So, are you ready to listen—or are you still clinging to that “cash is king” nonsense? 🤔
Gold XAUUSD Possible Move 05.02.2025Analysis of XAU/USD (Gold) Price Action
Market Overview
The Gold shows a bullish trend in gold prices with a recent upward move.
Key levels of interest have been marked for potential buy opportunities.
The price action suggests a retracement is expected before a continuation to the upside.
Key Levels
First Buy Zone: $2,843 - $2,845
A minor retracement into this zone could present a buying opportunity.
If price reacts strongly at this level, it could continue upward.
Second Buy Zone: $2,830 - $2,833
This is a deeper retracement zone, aligning with a strong support area.
If price fails to hold at the first buy zone, this becomes the next high-probability entry.
Resistance/Take Profit Targets:
First target near $2,859 - $2,865 (recent highs).
Trading Plan
Scenario 1: Buy from $2,843 - $2,845
Entry: $2,843 - $2,845
Stop Loss: Below $2,837
Take Profit: $2,859 - $2,865
Risk-Reward Ratio: ~1:2 or better
Scenario 2: Buy from $2,830 - $2,833
Entry: $2,830 - $2,833
Stop Loss: Below $2,822
Take Profit: $2,850 - $2,859
Risk-Reward Ratio: ~1:3
Conclusion
The overall bias remains bullish, looking at Trumps press talk yesterday.
The strategy involves waiting for pullbacks to key demand zones before entering long positions.
Price action near these levels should be monitored for confirmation signals (e.g., bullish rejection candles).
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GOLD constantly renews ATH, global trade conflict risksOANDA:XAUUSD spiked to a new record high, with continued upward momentum pushing the relative strength index (RSI) into overbought territory.
Upcoming changes in US trade policy could support precious metals prices as they will increase uncertainty about the outlook for global economic growth.
Against this backdrop, monetary authorities may still face pressure to take measures to protect their economies, even though US President Donald Trump has postponed tariffs on Mexico and Canada. Additionally, the risk of policy mistakes by major central banks could push gold prices higher as gold becomes more attractive as an alternative to fiat currencies.
After Mexico and the United States reached an agreement to postpone tariffs, Canada did the same and the world's attention immediately turned to China. However, a sudden easing appears unlikely after China retaliated against the US's comprehensive tariffs on Tuesday and warned some US companies, including Google, that they could face sanctions.
While global markets welcomed the US postponement of tariffs on Mexico and Canada, the partial easing does not eliminate long-running trade tensions in Asia. A planned phone call between US President Donald Trump and Chinese President Xi Jinping on Tuesday did not take place, a sign that relations between the two sides remain frosty.
However, China's tariff measures will not officially take effect until February 10, giving Trump and Xi Jinping time to reach a "deal."
While currency markets still expect the Federal Reserve to cut interest rates twice this year (each time by 25 basis points), inflationary pressures from US tariffs are increasing, which makes the path of monetary policy through 2025 still very uncertain.
On the daily chart, OANDA:XAUUSD renewed its all-time high after reaching the target increase at 2,846 USD, which readers noted in the previous issue. With that said, a break above this key technical level would qualify gold for a new bull run, and the target would then be around $2,878 in the short term rather than the original price point of $2,900.
Although the RSI has entered the overbought zone, there are no signs of a decline indicating that the gold price may correct with the uptrend depicted by the line.
As long as gold remains in/above the price channel, it still has a short-term trend to the upside, with the current position suitable for a new bull cycle to be opened. Notable locations will also be listed as follows.
Support: 2,846 – 2,824USD
Resistance: 2,878 – 2,900USD
SELL XAUUSD PRICE 2863 - 2861⚡️
↠↠ Stoploss 2867
→Take Profit 1 2856
↨
→Take Profit 2 2851
BUY XAUUSD PRICE 2823 - 2825⚡️
↠↠ Stoploss 2819
→Take Profit 1 2830
↨
→Take Profit 2 2835
Gold:Continues Bullish Trend with Potential Pullback Before Nexthello guys!
Upward Movement: The price has been moving upward since the start of the period, breaking several resistance levels along the way. The price recently shot up after forming a consolidation pattern, which suggests bullish sentiment. The momentum is strong, but there is a small pullback that might occur soon.
Current Trend: The chart indicates an upward channel, marked by the blue dotted lines, suggesting that the price may continue to move higher as long as it respects the upward trajectory. However, the price is approaching a resistance zone, near the 2,832.43 level, which could potentially lead to another pullback.
Retracement: There is a projected pullback marked by the black curved line. This suggests that after reaching the peak near 2,832.43, the price might come back down for a retest of lower levels before continuing its bullish path. A retracement could occur to around the 2,820.00 level, or lower, near the 0.79 Fib retracement level around 2,774.94.
Support Levels: Key support levels are marked by the dashed blue lines, and they might serve as potential entry points if the price retraces. The first support zone appears around 2,824.00, followed by 2,820.00. A deeper retracement could bring the price closer to 2,777.00, but the overall trend is still bullish, so any dip could be an opportunity to buy for those looking to catch the next upward movement.
Resistance: The upper resistance zone is near 2,868.00 to 2,860.00, which aligns with the recent highs. A break above these levels could push the price higher, further confirming the continuation of the bullish trend.
Conclusion:
The chart suggests that gold is in an uptrend, but there could be a minor pullback before a possible continuation to the upside. Traders should watch for signs of a retracement, with key support levels offering potential buying opportunities. Keep an eye on the 2,832.43 resistance level for a breakout, but be prepared for a correction near lower levels before resuming the upward movement.
Signal gold📉 Signal 1: Entering a Short Trade
🔹 Entry Conditions:
If the price fails to break 2,806 - 2,813 and shows bullish weakness, a short trade can be considered.
Entry around 2,789 is suitable.
🔹 Stop Loss:
Above 2,800
🔹 Take Profit:
First target: 2,777
Second target: 2,764
Third target: 2,764 (if the downtrend continues)
🔹 Risk Management:
If the price stabilizes above 2,813, reassess the trade.
If 2,777 support is broken, the downtrend will strengthen.
📈 Signal 2: Entering a Long Trade
🔹 Entry Conditions:
If the price holds the 2,777 - 2,789 support and reversal candles appear, a long trade can be considered.
Entry around 2,818 is suitable.
🔹 Stop Loss:
Below 2,806
🔹 Take Profit:
First target: 2,850
🔹 Risk Management:
If 2,764 is broken, reassess the long trade.
If the 2,813 resistance is broken, the uptrend will strengthen.
✅ Overall Conclusion:
If the price reaches 2,806 - 2,813 and shows weakness, a short (sell) trade is preferable.
If the price reaches 2,777 - 2,789 and shows bullish reversal signs, a long (buy) trade is logical.
Entry confirmation should be based on price action and candlestick patt
Hellena | GOLD (4H): LONG to 100% Fibo lvl (2857.750).Colleagues, the situation in the markets is quite complicated. But gold is aiming for new highs, given that in all difficult times gold has been a reliable instrument for storing assets.
At the moment, I expect the completion of lower wave “3” in the area of 2857.750 (100% Fibonacci extension level).
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
XAUUSD H4 | Falling from the Fibo confluence?Based on the H4 chart, the price is entering our sell entry zone at 2,856.46 - 2860, which aligns with the 61.8% Fibonacci projection and 127.2% Fiboancci extension This level is expected to act as a potential reversal point in the bearish setup.
Our take profit is set at 2,830.59, near a previous support area, where price may find buying interest.
The stop loss is placed at 2,869.06, above the 100% Fibonacci projection, providing room for price fluctuations while ensuring the bearish setup remains valid.
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Gold trading following the upward trend is the answerTrading gold with the trend is the answer. Don't be afraid of highs and don't guess the top.
Obviously, the upward trend of gold is still continuing. No one knows where gold will eventually rise, and no one knows when it will usher in a downward adjustment. We only know that the fundamentals are on the side of buyers. No matter how the short-term adjustments are made or how the market is cleaned up, it will not change the fundamental fluctuation direction. Therefore, the investment direction is very important. Breaking new highs every day, it is better to be conservative than to go against the trend. If the short position is not stopped in time during a strong rise, the result will be a liquidation.
The current daily line has risen for four consecutive trading days, which shows that the overall rhythm is still strong. With this trend, there is only one way to go long, either directly go long, if the retracement is broken, continue to go long at the low position, and break the high and go long. Going with the trend is the only way. If the retracement is 10 US dollars and the price rises by 50 US dollars, there is no need to go against the market. Don't guess the top. Pay attention to the top and bottom conversion support 2830 and 2807 positions during the day. They are both positions for retracement and long positions. If the strong sideways pattern is considered, continue to go long directly above 2830.
Today's gold trading ideas: Don't be afraid of highs and maintain long positions. Don't guess the top and reject all short positions. The idea is that the retracement to stop the decline is the time to enter the market. For intraday operations, gold will continue to be long when it retraces to the top and bottom conversion area of 2830. It is more reasonable to set the stop loss below 2830, and the target is 20 $.
Continuously breaking records, will it continue to rise?The gold price continues to run along the trend structure, the daily line continues to rise and close, the MA10/7-day moving average opens and moves up to 2788/2802, the price is on the upper track of the Bollinger Band, and the RSI indicator comes to the high value of 70 and close to 80. The price of the short-term four-hour chart continues to rise along the upper track of the Bollinger Band channel, but today we need to pay attention to the overbought divergence signal of the RSI indicator.
In view of the historical high of the market's current round of super-increase, the trend of low-long trading is changed to short-term participation, and the high-altitude cooperation assists in paying attention to the band opportunities. Today's market data small non-agricultural ADP focuses on. When will the top come? Never go all out in the investment market. Relying on guessing the top all the way against the trend will only lose all your money. We still don't blindly guess the top, and only make layouts after the signal appears or the pattern appears.
At present, gold has risen to a historical high of 2849. So for 2025, can gold continue to rise? What impact does the US situation have on the trend of gold? In my opinion, the gold price is just the beginning, the acceleration high point has not arrived, and the bulls still maintain the upward momentum!
At present, gold 2849 is not the end of this round, because the current bullish pattern is still intact. Being afraid of bulls and guarding against risks does not mean the arrival of bears. The trend is still very strong. But in terms of position, the rise today is not much, and the pattern is still very strong. The price is still rising slowly, so it is only a matter of one step to continue to break the new high. It is recommended to buy more at the low point and continue to look at the new high!
Key points:
First support: 2831, second support: 2816, third support: 2800
First resistance: 2850, second resistance: 2863, third resistance: 2870
Operation ideas:
BUY: 2822-2825, SL: 2814, TP: 2840-2850;
SELL: 2867-2870, SL: 2878, TP: 2850-2840
XAUUSDXAUUSD is still in an uptrend but there may be a short-term correction.
If the price cannot break through 2848, consider selling the red zone.
Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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GOLD MARKET ANALYSIS AND COMMENTARY - [Feb 03 - Feb 07]Gold prices have just completed an accumulation period and this week broke out to a record high. Specifically, gold price increased quite strongly from 2,732 USD/oz to 2,817 USD/oz, then decreased and closed the week at 2,799 USD/oz.
The White House announced that from February 1, 2025, the US will impose a tax of 25% on imports from Canada and Mexico, and 10% on goods from China. This information caused global financial markets to fluctuate strongly. US stocks plunged, Treasury bond yields increased, while gold and USD became safe havens for cash flow.
Gloomy US economic data and the risk of tariff escalation have pushed gold prices to a record high. After a week focusing on interest rates and inflation, the market next week will focus on the labor market with the December non-farm payrolls report. Gold traders will also monitor many other important data such as ISM manufacturing PMI, ADP employment report, and Bank of England policy decision, along with a preliminary consumer confidence index from the University of Michigan.
Next week's gold price may still maintain an upward trend when supported by many factors, along with the positive views of investors who expect gold prices to reach higher levels in the near future.
📌Technically, after reaching a record price above the threshold of 2,817 USD/oz, on the weekly chart, the average price of gold has also exceeded the threshold of 2,335 USD/oz. This shows that the average price of gold is higher, creating room for further increases in gold prices.
A shorter-term perspective with the H4 chart, if next week's gold price benefits from worse economic data, the price will break out of the old peak of 2817 and rise above the 2850 threshold.
If the resistance level is not broken, the gold price will temporarily decrease and adjust to around the EMA89 moving average line of the H4 chart, around the 2738 mark.
Notable technical levels are listed below.
Support: 2,785 – 2,774 – 2,762USD
Resistance: 2,802 – 2,817 – 2,824USD
SELL XAUUSD PRICE 2851 - 2849⚡️
↠↠ Stoploss 2855
BUY XAUUSD PRICE 2737 - 2739⚡️
↠↠ Stoploss 2733
XAGUSD Silver outlookThis is my current view on XAGUSD. I have a trade running which has a lose target starting around $36, but will be subject to change as the price action develops. I'm in silver for the chance that we see much higher prices than that!!. Trading spot is a small part of my exposure to the silver sector.
Today analysis for Nasdaq, Oil, and GoldNASDAQ
The Nasdaq initially declined in pre-market trading due to escalating tariff tensions between China and the U.S. but ultimately closed higher. A sell signal appeared on the daily chart but was reversed into a buy signal with yesterday’s bullish candle.
This suggests that the market is still moving within a large box range, with moving averages converging. This consolidation phase indicates that a trend expansion phase—marked by a strong bullish or bearish breakout—may emerge soon. Until then, it is best to trade within the range.
On the 240-minute chart, the market has been making stepwise upward movements, with the MACD forming a golden cross over the Signal line. Despite a strong price surge due to divergence, the index has entered a resistance-heavy zone, and liquidity is currently tight, which could lead to frequent sharp fluctuations.
For now, the best strategy is selling near the upper boundary of the range and buying near the lower boundary. Given the ongoing trade tensions under Trump's tariff policies, risk management is crucial—placing stop-loss orders is highly recommended to protect against increased volatility.
OIL
Oil gapped down but found strong support around the $70 level, closing with a bullish candle. News of the U.S. tightening sanctions on Iran initially sent prices down by 3%, but a sharp rebound followed.
While the daily chart still shows a sell signal, the $70 price area has historically provided strong support, as previously emphasized. Thus, the overall strategy should be buying on pullbacks rather than chasing sell positions.
On the 240-minute chart, the MACD continues to create bullish divergence, forming a buy signal. This increases the likelihood of further upside movement. However, since the MACD and Signal lines are still below the zero line, further price increases are needed to widen the gap between these indicators and confirm bullish momentum.
Overall, buying on pullbacks remains the preferred strategy, but traders should be cautious of potential volatility spikes due to today’s Crude Oil Inventories report.
GOLD
Gold closed higher, finding support at the 5-day moving average. On the daily chart, as long as the 10-day moving average holds, gold should be viewed from a bullish perspective.
The MACD on the daily chart is trending sharply upward, so until a MACD-Signal line death cross occurs, buying on pullbacks remains the best strategy. Similarly, on the 240-minute chart, the MACD has repeatedly formed golden crosses, reinforcing a strong one-way bullish trend.
From a flow of funds perspective, buying pressure remains strong, so buying dips continues to be the most favorable approach. However, traders should be aware of potential high volatility due to the upcoming ADP Non-Farm Employment Change report today and the Non-Farm Payroll report on Friday. Given gold's recent sharp rally, a major inflection point could emerge, using economic data as a catalyst.
The current market environment is characterized by high volatility and rapid price movements, increasing the likelihood of sudden price swings leading to stop-outs. However, if stop-losses are properly managed, losses can be quickly recovered.
In a highly volatile market, profit opportunities increase, so maintaining strict stop-loss discipline while seeking the next trade opportunity is key to successful trading.
Wishing you a successful trading day! 🚀
■Trading Strategies for Today
Nasdaq - Range-bound Market
-Buy Levels: 21500 / 21425 / 21340 / 21250
-Sell Levels: 21665 / 21735 / 21830 / 21930
Crude Oil - Range-bound Market
-Buy Levels: 72.20 / 71.60 / 70.90
-Sell Levels: 73.20 / 73.80 / 74.50
GOLD - Bullish Market
-Buy Levels: 2864 / 2859 / 2850 / 2845
-Sell Levels: 2876 / 2881 / 2889
These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks.
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