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GBPCAD SHORTMY ANALYSIS ON GBPCAD My Analysis on this pair:: Based on the current technical setup, this pair exhibits bullish structure; however, the price is testing a critical resistance zone coinciding with the 61.8% Fibonacci retracement level. While the broader trend appears upward, the confluence of resistance at this key Fibonacci level introduces significant downside risk, leading me to adopt a cautious bearish bias. Given the conflicting signals between bullish momentum and strong resistance, I recommend exercising caution with position sizing if considering a contrarian bearish trade. Trading against the trend carries elevated risk, and adhering to strict risk management (e.g., tight stop-loss parameters) would be prudent in this scenario. To refine this assessment, I would appreciate your perspective: Do you interpret this price action as a bullish continuation signal, or do you share concerns about potential rejection at the Fibonacci resistance? Your insights on this pair’s direction would be valuable.
Short
by sirkamal
Gold analysisThe London Bullion Market Association has introduced the Gold Bar Integrity Database, a system designed to track the origin of gold and prevent metal sourced from criminal networks or conflict regions from being stored in bank vaults. Additionally, the database aims to keep counterfeit bars, falsely marked with major refinery logos, out of the market, according to Bloomberg. Meanwhile, the US Gross Domestic Product (GDP) data for the fourth quarter of 2024 is scheduled for release at 13:30 GMT. Gold returns to the old peak zone 2788 for the 3rd time, the uptrend and FOMO from the market are very large. There will be a new ATH soon.
OANDA:XAUUSD
by n77sn77s
ADANIENT KEY LEVELS FOR 31/01/2025**Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below. **Timeframe:** Use a 5 mins timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
NSE:ADANIENT
by nandupk
UPS at a Make-or-Break Zone – Will Buyers Step In?Hi you all, United Parcel Service (UPS) has recently entered a potential buying zone. In its latest earnings report, the company announced a reduction in business with Amazon by more than 50% by the second half of 2026, aiming to focus on more profitable ventures. Despite a slight revenue miss, UPS beat profit expectations for the fourth quarter. From a technical perspective, several factors suggest a potential buying opportunity, so do your homework. If fundamentals will align then you should be ready... - Trendline: The stock is approaching a long-term trendline, third touch. - 50% Retracement: UPS has retraced approximately 50% from its all-time high. - Previous Yearly Highs as Support: Former resistance levels from previous years are now acting as support, indicating potential liquidity. - Psychological Support at $100: The round number of $100 serves as a psychological barrier, potentially providing additional support. Do your homework because this is just half of the story: technical analysis. From my side, this is inside a potential area, but do fundamentals support it? Good luck, Vaido
NYSE:UPSLong
by VaidoVeek
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
Long
by syomking76418
GBPJPY is ready to push againNo comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
Long
by thegoldenbear
Bullish projections for GOLDA couple of confluences indicate that Gold will continue its bullish rally. First and most important is an overall trend quite bullish yet showing no signs of a proper reversal trend. Moreover, we can also see the pattern of AB=CD, and the values of this pattern are according to the standard which means that if "C" retracement happens at .5 then the projection of "BC=2" and in our case these conditions have been met. Right now price is almost touching the last HH of 2791.64 and in this scenario, we can see some healthy retracement or maybe bearish divergence which will push the price downwards and then surpass the last HH.
PEPPERSTONE:XAUUSDLong
by faisal-101
Is XAUUSD Need correction 2770?ATM we can expect retracement from 2780 all over weareon bulls side As yesterday FED Interest rate remain unchanged which helps the all the market stay up. Market is again on bullish reversal. What possible scenario we have? Market is at 2780 and rising uptrend and respect the trend line ,if anymoment 2780 truns invalidated its going to retest 2766 -2770 will be the clear shot to buy, i already opened my buy trade at 2767 and it gives 130 nice profits. On the other hand, 2765 will be the last point for buyers upto ATH 2800 , if 2765 invalidated, we'll wait for the next correction.
FOREXCOM:XAUUSDShort
by Forexmaestro121
$DIA Analysis Key Levels and targets for Today and tomorrowWe are at the top of the expected move on the week here which was 450. The expected move on the day, however 443 to 454 and all-time highs are in that extended trading area. 35 EMA is the only level in our trading range we do have one red candle there that you can see around 441 a little bit underneath that that could be a support level. Outside of that we do have a bar divergent so we are losing strength but earnings could change that.
AMEX:DIA
by SPYder_QQQueen_Trading