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Support and Resistance

COPPER Technical Analysis📊 COPPER (1D) Technical Analysis 📊 🔹 Trend Overview: Copper is in a strong uptrend, testing a key resistance level. A breakout or rejection here will determine the next move. 🔹 Key Levels: 📈 Resistance: 5.393 – A breakout above this level could send price higher. 📉 Support: 5.098 – If broken, price may drop to 4.832. 🔹 Market Structure: 🚀 Bullish scenario: Rejection/hold of 5.098 & we might see price back to 5.3967 → Break & Retest → Target higher levels. ⚠️ Bearish scenario: Break of 5.098 → Drop to 4.832 → Further decline if broken. 🔹 Trade Idea: Bullish above 5.09840 & 5.393, targeting new highs. Bearish below 5.09840. 📌 Risk Management: Wait for confirmation of breakout or rejection before entering trades.
CAPITALCOM:COPPER
by juniormoseki1
Silver Bulls in Control as $34.87 Retest Comes Into ViewThe bullish move in silver we anticipated has played out nicely following the break of wedge resistance earlier this week, with the price squeezing above $34.24 on Thursday. Bulls will now be eyeing a retest of the October 24 swing high of $34.87. Momentum indicators such as RSI (14) and MACD are trending higher, reinforcing the bullish setup and favouring buying dips and bullish breaks. A retrace back toward $34.24 would create a setup where longs could be established above the level with a stop beneath for protection. While resistance may emerge around $34.50, $34.87 screens as a more appropriate target for those seeking greater risk-reward. A break above that would leave silver trading at multi-decade highs. If silver were to reverse and close beneath $34.24, the bullish bias would be invalidated. Good luck! DS
FOREXCOM:XAGUSD01Long
by FOREXcom
NVDIAgain...long at 111.43This is gonna be my 6th long idea on NVDA since Mid-December. Sorry if this is getting boring, but if it keeps working, why stop? It's not in a great pattern, but then again it wasn't the other 5 times, either. It has been in a downtrend since early December, but even stocks in downtrends don't have to go down in straight lines, and that's what I'm counting on here. There is some support semi-close by, too. It's a good company, and trading them in tough times (I think the last 6 weeks qualifies there, don't you?) gives me the best odds of making money. NVDA has never let me down - literally never. Sometimes it takes longer than others, but it always pays. I haven't updated my W/L record on it lately, but the 5 trades on the chart are the last 5 I've made and it was undefeated before all of them. You can go back and look at them if you desperately want to know - I know it's in at least one of those but I don't feel like going back and looking for the exact number right now. I know it's at least 100s to 0. Edit: I felt bad being lazy so I went and looked it up. It's 722-0, and that's a good enough reason for me to trade it today. So I'm long at 111.43, but I am making a little twist to my usual trade plan. I will be adding if it falls, but not using my usual methodology. It's a twist I've been working on for trading downtrending stocks. It's complicated, so I'll just update here whenever I add, and the adds will still be near the close when I make them. I will still use FPC (first profitable close) to exit any lot on the day it closes at any reasonable profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NASDAQ:NVDALong
by redwingcoach
9
Japan225 to find buyers at market price?NIK225 - 24h expiry Price action looks to be forming a bottom. A Doji style candle has been posted from the base. Short term bias is mildly bullish. Preferred trade is to buy on dips. Weekly pivot is at 37485. We look to Buy at 37485 (stop at 37131) Our profit targets will be 38496 and 40675 Resistance: 38275 / 40675 / 42155 Support: 36790 / 35590 / 34390 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:JP225USDLong
by OANDA
Silver Wave Analysis – 27 March 2025 - Silver broke resistance area - Likely to rise to resistance level 34.80 Silver recently broke the resistance area between the key resistance level 34.20 (top of the previous impulse wave i) and the resistance trendline of the daily up channel from January. The breakout of this resistance area accelerated the active impulse wave iii of the higher impulse waves 3 and (C). Given the clear daily uptrend, Silver can be expected to rise to the next resistance level 34.80 (former multi-month high from October) – from where the downward correction is likely.
FX_IDC:XAGUSDLong
by FxProGlobal
Stock Of The Day / 03.27.25 / GME03.27.2025 / NYSE:GME #GME Fundamentals . The company announced a plan for a private offering of $1.3 billion in convertible senior notes, aiming to use the proceeds for general corporate purposes, including to invest in Bitcoin. Technical analysis. Daily chart: Downtrend. We mark the 4-month low - level 21.56. Premarket: Gap Down on increased volume. Trading session: The price began to tighten to the level of 25.0 from below after the initial downward movement at the beginning of the trading session. The price finally breakouts the level at 10:46 and consolidates above the level after several unsuccessful attempts. However, there was no upward momentum and the price returns and holds below the level of 25.0. We are considering a short trade to continue the downward movement. Trading scenario: #pullback along the trend (#false_tightening) to level 25.0 Entry: 24.89 when exit down from the trading range below the level Stop: 25.21 we hide it behind the high of the tightening structure and behind the round number 25.20 Exit: Close part of the position at the price of 24.03 when the structure of the downtrend is broken. However, then the movement continued. We can hold the remaining part of the position until the strong daily level of 21.56. Risk Rewards: 1/6 (1/10 maximum) P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information .
NYSE:GMEShort
by AlexX31
2
Public strategy all correctSo far, everyone has made a profit by following the trading plan. We arranged short orders at 3032 and 3052 for gold, but the short-term trend was strong, so we all left the market at 3038! We collected another 80 points of profit! The operation idea is very clear. News analysis: Why is 3026 so critical? Looking back at the rebound of gold prices in the past few days, it is not difficult to find that many previous rebounds have retreated near 3026. At the same time, this point is also the first time that gold prices have bottomed out and rebounded from 3056 before this round. After breaking through, it rebounded many times but failed to pass. This is a typical watershed between longs and shorts. In fact, yesterday's gold price had already meant to break upward, but the market tension was limited yesterday. The first wave of impact to 3038 this morning has already sounded the horn of the bulls' charge. Unfortunately, it was not sure whether 3026 could be held at that time. If the high position is near 3030, the defense should be placed below 3020, which is a little big. There is no reverse follow-up to keep up with the rhythm of this wave of rebound. Technical analysis of gold: The current idea of ​​the end of the trading day is very clear. We chose to take short positions below the previous historical high of 3055-57 for the second time. The short positions of 3050-52 have now retreated to around 3038. Since there has been a high-level decline, it shows that the bulls are not that strong. There has been no breakout in one go. The probability of breaking 3055 tonight is gradually decreasing. The end of the trading day will most likely remain in the 3030-50 range for consolidation, and the focus will be on tonight's closing point. If the high-level close is above 45, the gold price may set a new high tomorrow; if the closing line is below 35, it will maintain a high level of volatility tomorrow, Friday. Operation strategy: If gold falls back to around 3030-35, you can take long positions. Gold can still be shorted around 3055-58 Trading discipline: 1. Don't blindly follow the trend: Don't be swayed by market sentiment and other people's opinions. Operate according to our operation plan. The information in the market is complicated. Blindly following the trend can easily lead to the dilemma of chasing ups and downs. 2. All short-selling profit-taking areas 3050-3045 are closed. 3. In gold trading, we will continue to pay attention to news and technical changes. Once there is a change, we will inform you in time and strictly implement trading strategies and trading disciplines to move forward steadily in a volatile market and achieve steady appreciation of assets.
OANDA:XAUUSDShort
by TP_Daniel
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Yesterday we said we would be looking to target 1 of 2 levels once price breaks out. We managed to hit the higher target on the breakout and got a 100pip RIP from the zone before the move terminated. NY however, gave us the entry we wanted on the boxes and to target Excalibur from the lower level netting a phenomenal pip capture, the TP was shared with the wider community as well. So now, as we're in unchartered territory up here it's a little risky to go long unless we get the pull back into the lower support region and it holds. We have circled the higher level which we feel price will want to attempt and if targeted during the Asian session may give us a RIP. For now, it's been an amazing week on gold, tomorrow is a day off from the markets. KOG’s bias for the week: Bearish below 3040 with targets below 3010✅, 3006✅, 2997, 2985 and below that 2978 Bullish on break of 3040 with targets above 3050✅, 3055✅, 3063 and above that 3067 RED BOXES: Break above 3037 for 3040✅, 3047✅, 3050✅, 3055✅, 3063 and 3066 in extension of the move Break below 3010 for 3006✅, 3000, 2997, 2990 and 2985 in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
16
XRP ABC Setup: Ready for a Bullish Reversal at Support?Hey traders! 👋 What do you think of this ABC setup? I’m expecting point C to form right at the support box. If we start seeing a bullish reversal from here, I’ll be opening a market order and trading it back up. What’s your plan for XRP and this setup? Let’s share some thoughts and see if we can catch this move together! 💡 Note: This is not financial advice. Always do your own research before making any trading decisions!
Long
by GetSparx
2
GBPCAD - Weekly Forecast,Technical Analysis & Trading IdeasTechnical analysis is on the chart! No description needed! OANDA:GBPCAD __________________________________________________________________ ❤️ 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
Long
by ForecastCity
16
ETH - Will the support hold ?CRYPTO:ETHUSD (1W CHART) Technical Analysis Update ETH is currently trading at $2007 and showing overall bullish sentiment after hitting the support. We are seeing minor retracement from the support zone. If this support holds we can expect bullish trend and reach the resistance around 4k. New ATH for ETH depends on breaking the resistance around previous ATH. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
INDEX:ETHUSDLong
by GreenCryptoTrades
GBPJPY Long IdeaIn the daily graphs we can observe the price moving between the two daily trend lines which creates triangle. As the increasing trendline is strong for now, we are most likely to seek the Long position in this pair. At the best scenario we will look for the price close daily above the previous major high of 194.900, if yes after a little retest we can come up to at leass to the decreasing trendline to 197.000 levels. So after breaking above and reaching to that point we can see a pull back to the previous resistance level to be turned into new support and after buy confirmation we can look for another highs which were previous daily resistance zones 198.800 and 199.800. On the other scenarios as shown on the chart we can either make the decreasing trendline a strong resistance zone and come back to the previous strong daily resistance zones of 189.200. Let's see and observe what opportunities the market will give us. Good Luck!
Long
by TetanForex
6
Quick Update on smaller timeframeHello traders, Here’s a quick update on the gold market. Since yesterday, gold has been ranging between 3015 and 3030. Based on our analysis of smaller timeframes, if the market breaks the 3035 level, our next target for a buy position will be 3045, which is a minor resistance level. After that, we may see 3050 and possibly a new all-time high. Scenario 2: If the market breaks below the 3015 level, we can consider selling. Our first target for the sell trade will be 3005, and if the price drops below 3000, we could see it move towards 2985. If gold remains within this range, scalping could be a good strategy to catch smaller profits. Good luck, traders!
OANDA:XAUUSDShort
by Ahmad_Fxbeast
GBPUSD GBPUSD Analysis & Signal (1H Timeframe) 📅 Date: March 23, 2025 On the GBP/USD chart, the price has reached a key resistance zone around 1.29629 after an uptrend, showing signs of rejection. This resistance aligns with a descending trendline, adding to the selling pressure. Currently, the price is heading toward the demand zone marked between 1.28613 and 1.28117, which could act as a strong support level. Signal: Sell: 📍Entry Point: 1.29114 (current price) 🔴Stop Loss: 1.29629 (above resistance) 🟢Take Profit 1: 1.28613 🟢Take Profit 2: 1.28117 ⚠️Risk Management: With the stop loss set above the resistance, the risk-to-reward ratio (R:R) for this trade is at least 1:2. It’s recommended to risk only 1-2% of your capital on this trade. 📝Note: Before entering the trade, wait for additional confirmations (e.g., reversal candlestick patterns or a break of the zone) and assess market conditions.
Short
by EhsanZeydabadi