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Support and Resistance

Gold (XAU/USD) Potential Buy Opportunity | Technical AnalysisGold (XAU/USD) Chart Overview: Gold (XAU/USD) is currently trading within a rising channel, respecting both the upward trend line and support line on the 1-hour timeframe.** We observed a higher high (H. High) formation, which indicates strong bullish momentum. Price recently retraced and is now testing the support level, creating a potential bounce setup for a long trade. Technical Confluences for a Buy Entry: 1. Trendline Support: Price is currently testing the lower boundary of the upward trend channel, indicating a possible reversal. 2. Bullish Structure: Despite recent retracement, the overall trend remains bullish, favoring long positions. 3. Rejection & Recovery Potential: A rounded bottom formation (curved purple line) suggests a potential rebound towards higher levels. 4. Risk-to-Reward Ratio: A well-defined stop-loss is placed below the support level, while the upside target offers a favorable reward. Trade Plan: Buy Entry: Around 2,894 Stop-Loss: Below 2,865 (to protect against further downside) Target: 2,960 (aligned with the trend's upper boundary) If gold holds above the support zone and shows bullish confirmation, we expect a strong push towards 2,960. However, a breakdown below the support could invalidate this setup. Must Follow Me For More Instrutions Share Your thoughs In Comments Section Thanks
OANDA:XAUUSDLong
by Mr_Kevin_Trading
Solana (SOL/USD) Drops Below Key Support – More Downside Ahead?Solana (SOL/USD) Analysis – February 26, 2025 🔻 Bearish Pressure Increases as SOL Breaks Key Levels Solana continues to face strong bearish momentum after breaking below the pivot line at 146.35, now acting as a resistance level. The price is currently testing the monthly support line near 121.08, a critical level that has historically provided strong buying pressure. 📉 Technical Outlook 🔻 Bearish Scenario: If SOL maintains its position below 146.35, the downtrend is expected to extend toward 121.08 as the next key support level. A daily close below 121.08 could accelerate the decline toward 100.94, followed by a potential drop to 74.98, a long-term support zone. 📈 Bullish Recovery: For any bullish reversal, SOL must reclaim 146.35 and stabilize above it, potentially triggering a correction toward 157.03 and 169.38 (previous resistance zones). A breakout above 169.38 could open the door for a recovery toward 192.72 and 202.51. ⚠️ Market Impact: Recent bearish momentum aligns with broader crypto market sell-offs, with investors reacting to macroeconomic factors such as rising interest rates and risk-off sentiment. If the market remains risk-averse, SOL could continue its decline toward deeper support levels. 📊 Key Levels to Watch 🔸 Resistance: 146.35 | 157.03 | 169.38 🔹 Pivot Line: 141.30 🔻 Support: 121.08 | 100.94 | 74.98 📉 Directional Bias: Bearish below 146.35 – Breakdown below 121.08 could accelerate downside momentum.
COINBASE:SOLUSDShort
by SroshMayi
2
HCA Advances as Tech StumblesHealthcare is the leading sector so far this year, and some traders may see opportunity in hospital operator HCA Healthcare. Today’s weekly chart considers the all-time high above $410 in October, followed by a substantial pullback. Prices stabilized early this year around $290 (near the low from last April) before bouncing. The stock also based around an earlier peak from June 2023. Both of those points suggest new support has been established at old resistance. Second, last week saw a bullish inside candle, which may suggest HCA has stabilized after the fourth quarter’s big slide. Third, holding current levels or moving upward through Friday would produce the highest weekly close since November. Finally, sector rotation may be an issue with investors mostly shunning large-cap growth in favor of non-cyclical safe havens. (Recent weeks also show outperformance in consumer staples and REITs, according to TradeStation Data.) TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:HCA
by TradeStation
1
THE KOG REPORT - UpdateEnd of day update from us here at KOG: WOW.. What a week so far n Gold and it's only Tuesday! We wanted price to go up, we got the move upside completing most of the bullish targets, we then wanted to see a reversal from that higher level, we were 30pips short but updated traders with the change of bias as bearish below and gave the targets, which were all COMPLETED! Not just the targets, we've smashed over 200pips on the indicators trading this on the move from the RIPs. Now as you can see we've bounced support on the lower swing which flips resistance into the 2910 and above that 2920 regions which is where we would ideally like to see price attempt for completion of the retracement. If we can RIP there, we may see another opportunity to short again. For now, the longs need to be protected and managed if you're in from below. KOG’s Bias of the day: Bearish below 2955 with targets below 2930✅, 2924✅, 2920✅ and below that 2910✅ Bullish on break of 2955 with targets above 2965, 2970 and above that 2974 RED BOXES: Break above 2940 for 2943, 2945 and 2950 in extension of the move Break below 2929 for 2927✅, 2922✅ and 2910✅ in extension of the move KOG’s bias of the week: Bullish above 2920 with targets above 2945✅, 2949✅. 2952✅ 2955✅ and above that 2970 Bearish below 2920 with targets below 2916✅, 2910✅, 2906✅, and below that 2898✅ RED BOX TARGETS: Break above 2943 for 2947✅, 2950✅, 2955✅, 2962, 2966 and 2977 in extension of the move Break below 2930 for 2923✅, 2920✅, 2910✅, 2906✅ and 2899✅ in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
16
DeGRAM | AUDUSD came out of the channelAUDUSD is above the descending channel between the trend lines. The price has already consolidated above the descending channel and is now moving from the dynamic resistance. The chart is approaching the dynamic support, which previously acted as a growth point. We expect the growth to continue after the retest of the lower trend line. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
#IPUSDT – Long Setup, Testing Resistance ZoneLONG BYBIT:IPUSDT.P from $7.0000 🛡 Stop Loss: $6.6900 ⏱ 1H Timeframe ✅ Market Analysis: 📍 The BYBIT:IPUSDT.P price is showing strong upward momentum, breaking key resistance levels. 📍 The asset has held above the $6.8982 level, which may confirm a continuation of the uptrend. 📍 POC (Point of Control) at $4.8742 – the highest volume area, previously serving as a consolidation point. 🎯 TP Targets: 💎 TP 1: $7.3100 🔥 TP 2: $7.6200 ⚡ TP 3: $7.8600 📢 Holding above $6.8982 could confirm trend strength. 📢 A dip toward $6.6900 (stop loss) could be a fakeout – monitoring price action is crucial. 📢 The $7.3100 level is the first TP, where a retracement may occur before further upside. 📢 If the price breaks $7.6200, the move toward $7.8600 becomes more likely. 🚀 BYBIT:IPUSDT.P is showing strength – monitoring the $7.0000 breakout and securing profits as the price moves up.
Long
by MoriartyTrading
GOLD - Price can make movement up and then fall to $2880Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Not a long time ago, the price started to grow inside rising channel, where it soon reached $2760 level. Price some time traded inside support area and then broke $2760 level, after which continued to grow next. Soon, price made a correction to support line of channel and then rose to $2880 level and at once made a small correction. After this, Gold broke $2880 level and then exited from a channel and started to trades inside flat. In flat, Gold declined to support level and then in a short time rose to the top part of flat, where it trades near now. In my mind, Gold can make a move up and then start to decline to $2880 support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
11
Euro can bounce from support line of channel and continue growHello traders, I want share with you my opinion about Euro. A few days ago, the price entered a downward channel, breaking through the 1.0520 level, which aligned with the seller’s zone, and continued its decline. Shortly after, it dropped even lower but quickly rebounded, almost reaching the resistance line of the channel before falling back to the support line, breaking the 1.0285 level. Following this move, the price once again climbed to the resistance line but then swiftly dropped back before making a strong upward push, breaking the 1.0285 level and exiting the channel. After that, the Euro rallied toward the resistance level but soon pulled back into the buyer’s zone, forming a strong gap. From there, the price began moving inside an upward channel, rising to the resistance level, making a brief correction, and then climbing back to resistance. However, after this move, the Euro reversed and started to decline. Given this setup, I expect the price to reach the support line of the channel before continuing its upward movement within the channel, potentially breaking the resistance level. If this scenario plays out, I have set my TP at 1.0600 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
6
XAUUSD: All Analyses Are AccurateIf you often check my charts, you will find that the trend of gold is completely in line with what is shown on the charts. It started to decline after reaching the resistance level of $2960, and then began to rise after reaching the support level of $2880, which is exactly consistent with my analysis. Today, when the price of gold reached around $2960, you could short sell again and still make a profit. Once again, I would like to remind you that the market risks are high. Please trade under professional guidance to avoid losses in your account. Today's trading strategy for gold: XAUUSD sell@2950 - 2960 TP: 2930 - 2920 Currently, my $40,000 account is on the verge of reaching $80,000 in just two days. I will share the orders every day. If you also need accurate signals and analysis, you can click on the link below to obtain them!
FOREXCOM:XAUUSDShort
by Kill_the_dealer