ALUMINIUM Approaching Key Support – Bullish Rebound ExpectedPEPPERSTONE:ALUMINIUM is approaching a significant support zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key demand zone, indicating the potential for a pullback if buyers regain control.
If buyers step in and confirm support within this zone, we could see a rebound toward the 2,634 level, aligning with a corrective move after the recent sell-off. However, failure to hold this support could signal further downside continuation.
Traders should watch for bullish confirmation signals, such as rejection wicks, bullish engulfing patterns, or increased buying volume, before considering long positions.
Community ideas
The next gold price explosion?Market news:
US President Trump announced on Monday (March 3) that the 25% tariffs on Mexico and Canada will officially take effect on Tuesday, and the planned reciprocal tariffs will also be implemented on April 2. This move not only made the financial market uneasy, but also triggered widespread global attention to the new economic barriers in North America, providing safe-haven support for London gold prices, helping international gold prices to surge by more than $30 on Monday. Market sentiment is still relatively cautious, and the market is waiting for more clear information, especially around the possible policy shift of US President Trump. The recent rise in international gold prices is mainly driven by the Fed's expectations of future interest rate cuts and geopolitical uncertainties. The probability of the Fed cutting interest rates in June is as high as 77.6%, and the probability of maintaining the status quo is only 22.4%. This ratio reflects the market's obvious increase in cautious sentiment about the US economic outlook. If the Fed starts a rate cut cycle in the middle of the year, it will effectively suppress the US dollar and US Treasury yields, providing strong support for the rise in spot gold prices. Looking ahead, gold prices will continue to attract safe-haven demand as US tariffs on Canada, Mexico and China will take effect on March 4. Trump's tariffs could trigger market volatility and potential trade retaliation. In addition, reports that Ukrainian President Zelensky rejected calls for a ceasefire between Ukraine and Russia may also continue to support gold buyers. Investors need to pay close attention to the first speech of US President Trump to Congress during this trading day. In addition, they need to pay attention to the speeches of Federal Reserve officials and pay attention to news related to the situation between Russia and Ukraine. Although widely regarded as a hedge against geopolitical and economic uncertainty, non-yielding gold becomes less attractive to investors when interest rates rise.
Technical Review:
Gold continued to break through the high of 2876 in the Asian session yesterday, forming a V reversal pattern, and continued the strong closing at the end of the session to touch 2895. The daily structure of a single positive closing is considered to be a correction, and the MA10/7-day moving average maintains a dead cross opening and suppresses 2912/2900 downward. The previous top and bottom conversion position 2920 did not close again before this, and the reversal was not established, which is considered a wide range of shock repair! Technical aspect Short-term four-hour chart moving average formed a low 2863 golden cross and currently maintains an upward opening. The price extends the 5/7-day moving average and gradually moves up. The RSI indicator re-stands on the central axis 50 value, and the hourly chart Bollinger band opens upward. Today's plan is to continue to participate in the low-long layout of the callback and pay attention to the strength of the long continuation. The trading rhythm rises first and then falls. The overall idea is to be low-long short-term, and pay attention to the band at high altitude!
Today's analysis:
From the daily chart, gold prices rebounded again from the strong support level of $2,832, triggering a rapid reversal. However, the rebound will only gain momentum after continuously breaking through the 21-day moving average of $2,895. The RSI continued to rise after holding near the 50 level, indicating that buyers may maintain control in the short term. If the 21-day moving average is broken, it can be determined that this retracement is in place, and a new round of upward trend will appear. After the gold price fell back to 2859 during the day, it rose all the way. The short-term pattern showed strong performance, which was exactly the opposite of the decline last week. After the sharp decline last week, there will be a lot of room for rebound, and the current volatility is also relatively large, so you must be patient and wait for the position, and don't be anxious in operation! If the price continues to move upward, the resistance will be 2900/2913. After the price breaks through the previous high of 2880, it opens up room for upward movement. This is why we arranged to chase the long position in the US market last night. According to the current situation, 2900 is just a matter of time for the bulls to step on the accelerator. Pay attention to timely withdrawal of short positions. Go long on the short-term pullback to 2870 today, and consider going short above 2900.
Operation ideas:
Short-term gold 2870-2873 buy, stop loss 2862, target 2890-2900;
Short-term gold 2900-2903 sell, stop loss 2912, target 2880-2870;
Key points:
First support level: 2882, second support level: 2876, third support level: 2863
First resistance level: 2900, second resistance level: 2913, third resistance level: 2923
BUY NIFTY 22100 PE 6th Mar @ 135 - 140 | NIFTY SELL TRADENIFTY 22100 PE 6TH MAR EXP
NIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS
Hi Traders,
The Nifty index looks weak and facing selling pressure, presenting a potential sell-on-rise opportunity. We recommend exploring the 23200 Put Option (expiring on 6th Mar) within the price range of ₹135 - 140.
Target levels: ₹195 and ₹225.
Stop Loss (SL): ₹105
Regards,
OptionsDaddy Research Team
Bitcoin - Just Objectively Look At The Chart.Bitcoin ( CRYPTO:BTCUSD ) remains very bullish lately:
Click chart above to see the detailed analysis👆🏻
Many traders are actually calling the top on Bitcoin but if we objectively look at the chart, situation is entirely different. First, Bitcoin just broke above the previous cycle high with a massive candle and second, we still have a valid rising channel acting as a major support.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
USNAS100 - Bullish Correction then Bearish Resuming!USNAS100 Analysis – February 26, 2025
📉 Bearish Momentum Holding Below Resistance
The NASDAQ 100 (USNAS100) continues to exhibit bearish pressure, trading below 21,390, which now acts as a key resistance level. The price has stabilized above 21,166, suggesting a possible short-term correction toward 21,390 before resuming its downtrend.
Technical Outlook
🔻 Bearish Scenario: As long as USNAS100 remains below 21,390, the bearish momentum is expected to persist, with downside targets at 21,250 and 21,166. A 4H or 1H candle close below 21,166 would confirm further selling pressure, pushing the price toward 20,987 and 20,885.
📈 Bullish Reversal: If the price stabilizes above 21,390, a short-term recovery could lead to a retest of 21,560 and 21,807, signaling a potential shift in momentum.
📉 Correction Movement: The price is likely to retest 21,390 from 21,220 as part of a correction phase before resuming its decline.
⚠️ Market Impact: Geopolitical tensions and U.S. tariff policies continue to pressure equity markets. The uncertainty surrounding trade relations is weighing on investor sentiment, reinforcing a cautious market outlook.
Key Levels to Watch
🔸 Resistance: 21,390 | 21,560 | 21,807
🔹 Pivot Zone: 21,220
🔻 Support: 21,166 | 20,990 | 20,885
📉 Directional Bias: Bearish below 21,390 – A confirmed breakdown below 21,166 would accelerate downside momentum.
Previous idea:
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BTCUSD 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
XRP/USD – 30-Min Long Trade Setup !📌 🚀
🔹 Asset: XRP/USD (Ripple)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Reversal Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $2.42 (Support Bounce Confirmation)
✅ Stop-Loss (SL): Below $2.31 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $2.52 (First Resistance Level)
📌 TP2: $2.70 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $2.42 - $2.31 = $0.11 risk per unit
📈 Reward to TP1: $2.52 - $2.42 = $0.10 (1:1 R/R)
📈 Reward to TP2: $2.70 - $2.42 = $0.28 (1:2.5 R/R)
🔍 Technical Analysis & Strategy
📌 Descending Wedge Breakout: Price has broken out of a downtrend, signaling a potential reversal.
📌 Support Rejection: The price tested $2.42 support and showed buying pressure.
📌 Volume Confirmation Needed: Ensure high buying volume when price holds above $2.42 to confirm bullish momentum.
📌 Momentum Shift Expected: If price remains above $2.42, it could push toward $2.52, and further to $2.70.
📊 Key Support & Resistance Levels
🟢 $2.31 – Stop-Loss / Support Level
🟡 $2.42 – Reversal Level / Long Entry
🔴 $2.52 – First Resistance / TP1
🔴 $2.70 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure high buying volume above $2.42 before entering.
📉 Trailing Stop Strategy: Move SL to entry ($2.42) after TP1 ($2.52) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $2.52, let the rest run toward $2.70.
✔ Adjust Stop-Loss to Break-even ($2.42) after TP1 is reached.
⚠️ Fake Breakout Risk
❌ If the price fails to hold above $2.42 and drops back, exit early to avoid losses.
❌ Wait for a strong bullish candle close above $2.42 before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Bouncing from support at $2.42 suggests a potential reversal.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1 to TP1, 1:2.5 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 #CryptoTrading #XRP #LongTrade #TechnicalAnalysis #MomentumCrypto #ProfittoPath #TradingView #CryptoMarket #SwingTrading #RiskManagement #ChartAnalysis 📈🔥
BTC - looking to short and daily correctionHello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!
GOLD NEXT MOVE - BuyIt's Monday 03-03-2025, current price 2888 something.
Im expecting that gold will follow the same direction bullish as it has flown today it will pump and can touch 2920. If gold pullback it can touch the price 2875 - 2860, If gold can't pullback it will continue the trend until 2920.
Low : 2833
High : 2921
ATH : 2956
Time Frame :
H4 Bullish Eng
H1 Bullish Eng + RBS + Choch
M30 Bullish Eng + RBS + Choch
XAUUSD- BullishEven though mid term we're bearish on Gold, I still cannot ignore the fact there is a lot of pending LQ on Gold around the ATH. Also, as it's a new month, the new monthly candle requires some liquidity from the upside before it can drop.
On the 1H TF I'll be targeting small zones for buys & once price reaches that zone, I can monitor for any possible rejections back down, or possible further upside. TARGET 1: $2,903
Bitcoin Cash BCH price analysisThis idea is probably more for ancient #BCH holders, because the coin is slow)
They have been accumulated for a year and does not allow it to fall much below $300.
🔝 If this trend continues, then sooner or later, but still #BitcoinCash at $1500 will be seen again)
P.S:
If you like this project, then just in case, put a “bucket” to buy OKX:BCHUSDT at $190-200 for the coming days)
_____________________
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Continue to short goldI have been emphasizing in the article that gold still has no momentum to break upward, so the rebound of gold is an opportunity to short. Today, gold has obviously touched the resistance area of 2896-3000 again. As long as this area is not broken, gold will definitely fall back when it encounters resistance, so you can be confident and bold to short gold in this resistance area.
The short trend has not changed, and the rebound is an opportunity to increase positions! The downward space of gold is far beyond expectations. When most people are afraid, it is the time for short sellers to be greedy. Miss the first wave of decline? The second wave of short dividends will be doubled! Brothers, are you bearish on gold like me? If you want to know more detailed trading ideas and get more trading signals, you can choose to join the information at the bottom of the article to make trading no longer difficult and make making money a pleasure!
If you are living in a TESLA Bubble, the HYPE is over...Some countries across of the world, specially in Europe, some people are vandalizing Teslas, google it, it's not being covered on mainstream news so it won't provoke an influence to other people do the same, i was going to buy the new Y model its beautiful and amazing, not anymore i don't want a swastika painted on the hood... used Teslas are mounting and prices of used Teslas are falling worldwide, the stock has been super overvalued due to hype, look at the market cap, no longer has a reason to stay there, the hype is finished, this stock is going for big correction. Im not in a short position, but i closed my longs. Elon should never got into politics.
GOLD Trading (4 March 2025)Gold has just break above the Support Zone upper line 2885.68. Moving Average has also showings uptrend on 1 hour timeframe. And downtrend seem has been breakout and showing reversal. If it can hold the position and move to the upside the next target should aim 2920.14, before that to also observe 2891.66 level of resistance.
If it break below support zone, 2867.74 & 2859.48 & 2851.50
This is not an trading advice and does not constitute any offer or recommendation of any trading advice. Trade at your own risk.
Golden Energy Mines TBK (GEMS.JK) Price ForecastAnalysis:
This chart, published on TradingView.com on March 4, 2025, depicts the daily price action of Golden Energy Mines TBK (GEMS.JK), an Indonesian stock listed on the IDX. The chart shows a significant price movement with a breakout pattern, followed by a projected target of 11,575, as indicated by the green arrow.
Price Trend and Breakout:
The chart captures the stock's price movement from late 2024 to early 2025. Initially, the price fluctuated between 9,000 and 10,000, showing a consolidation phase with several red and green candlesticks indicating volatility.
A sharp decline occurred around late January 2025, with the price dropping to a low of approximately 8,825, marking a significant support level.
Following this dip, the price began to recover, forming a series of higher lows and breaking above the previous resistance around the 9,000–9,200 range in early March. This breakout is a bullish signal, suggesting renewed buying interest and potential for further upside.
Price Target:
The green arrow points to a projected price target of 11,575, representing a potential increase of approximately 28% from the breakout level near 9,000.
The target appears to be derived using a technical analysis method, possibly a measured move or Fibonacci extension, though the exact methodology isn't specified. The target aligns with historical resistance levels seen around November 2024, where the price briefly touched 11,600 before pulling back.
Performance Metrics:
The chart notes a +450-point gain, equivalent to a 5.22% increase, likely referencing the price movement immediately following the breakout. This confirms the bullish momentum in the short term.
Support and Risk:
The 8,825 level, where the price bottomed out, acts as a key support zone. If the price fails to sustain its upward momentum, this level could be tested again.
The breakout above 9,200 is critical. A pullback below this level might invalidate the bullish setup, signaling a false breakout.
Market Context:
Golden Energy Mines operates in the coal mining sector, which can be influenced by global energy demand, commodity prices, and regional economic factors in Indonesia. The bullish breakout might reflect positive sentiment in the sector, such as rising coal prices or favorable government policies, though these factors aren't explicitly mentioned in the chart.
Conclusion:
The chart suggests a strong bullish outlook for GEMS.JK following its breakout above 9,200, with a target of 11,575. Traders should monitor the 9,200 level as a key support to confirm the continuation of this uptrend, while also keeping an eye on the broader market and sector-specific developments that could impact the stock's trajectory. If the price sustains above the breakout level, the projected target appears achievable based on historical price action and technical patterns. However, a drop below 9,200 could signal a reversal, with 8,825 as the next significant support.