Gold is set to rise - Bullish Momentum Ahead!Welcome to another analysis, where we dive into the latest market trend and chart the potential path ahead for GOLD !
So is gold a good long-term investment? In my view, the short answer is YES .
Gold is likely to continue rising in the coming years due to several fundamental factors. Firstly, ongoing global economic uncertainty, including inflation concerns and geopolitical tensions, often drives investors toward gold as a safe-haven asset. Central banks around the world are also increasing their gold reserves, reflecting confidence in its long-term value.
If we examine the consolidation period between 2016 and 2019, we can see that the breakout from this consolidation initiated Elliott Wave 3.
What's particularly noteworthy is how well the technical indicators have aligned throughout this process.
The Fibonacci extension tool accurately predicted where gold would peak in 2020. After reaching that peak, gold entered a new period of consolidation and sideways movement as we moved into the new years.
Once again, it appears we've entered another phase of Elliott Wave 3 and will probably soon have a minor correction or sideways time period before going into wave 5.
Looking ahead, my long-term projection for gold suggests a potential peak between $3,200 and $3,500, likely around 2026.
Only time will tell!
Thanks for reading, and make sure to follow me here on tradingview and on X for more updates as we progress: @PuppyNakamoto
CAPITALCOM:GOLD TVC:GOLD MCX:GOLD1!
Targets
Gold is set to rise - Bullish Momentum Ahead!Welcome to another analysis, where we dive into the latest market trend and chart the potential path ahead for GOLD !
So is gold a good long-term investment? In my view, the short answer is YES .
Gold is likely to continue rising in the coming years due to several fundamental factors. Firstly, ongoing global economic uncertainty, including inflation concerns and geopolitical tensions, often drives investors toward gold as a safe-haven asset. Central banks around the world are also increasing their gold reserves, reflecting confidence in its long-term value.
If we examine the consolidation period between 2016 and 2019, we can see that the breakout from this consolidation initiated Elliott Wave 3.
What's particularly noteworthy is how well the technical indicators have aligned throughout this process.
The Fibonacci extension tool accurately predicted where gold would peak in 2020. After reaching that peak, gold entered a new period of consolidation and sideways movement as we moved into the new years.
Once again, it appears we've entered another phase of Elliott Wave 3 and will probably soon have a minor correction or sideways time period before going into wave 5.
Looking ahead, my long-term projection for gold suggests a potential peak between $3,200 and $3,500, likely around 2026.
Only time will tell!
Thanks for reading, and make sure to follow me here on tradingview and on X for more updates as we progress: @PuppyNakamoto
CAPITALCOM:GOLD TVC:GOLD MCX:GOLD1!
MEW/USDT NEW INCREASE VOLUMEMEW/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
BNB/USDT Short-TermHello everyone, I invite you to a quick review of the BNB to USDT chart, taking into account the one-hour interval.
Taking into account the short time interval, we will first determine possible stop losses:
SL1: $501,
SL2: $487,
SL3: $477,
SL4: $464.
Looking the other way, we will determine the closest to the targets:
T1: $517,
T2: $530,
T3: $547.
The RSI indicator shows a rebound, but there is still more room for a decline than for the current upward movement.
BNB/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the 4H BNB to USDT chart as we can see that we are getting close to trying to break out of the triangle.
Let's start by setting goals for the near future that we can include:
T1 = $600
T2 = $608.50
T3 = $614.50
T4 = $621
AND
T5 = $643.50
Now let's move on to the stop-loss in case of further market declines:
SL1 = $595
SL2 = $583
SL3 = $573.50
AND
SL4 = $563
When we look at the EMA Cross 50 and 200 indicator, we will see the yellow ema cross 50 line staying above the blue ema cross 200 line, which confirms that the uptrend is continuing.
GWAV IS THERE SOME ROCKET FUEL LEFT?Not a ton to say as I feel most of this is labeled on the chart.
If you're trading this stock, just go in with the mindset, "because it can"
Why can the stock hit 3.49 next week..
Because it can.
It doesn't have to make sense.
But it does actually make sense.
Anyway,
Something tells me you're going to need a new chart fairly quickly.
Why?
This is going to be a fast move back up to at least .14
Every step up is just over another breakout point.
It will retrace gains as fast as they come.
Expect a lot of movement to occur after hours.
Take profits and buy dips if support and volume is still there.
Good luck!!
Sorry for the lack of charts.
I've been trading a lot of these types of stocks (ffie, snla, sint akan...)
Keeping up and posting charts for those moves would be far too difficult.
However, this move setup nicely for chart idea.
Can't promise moon, downside is to .045 to .039
However, it is at trend support and at the very least, you're looking at a good probability it returns to over .1
GBPJPY My Opinion! SELL!
My dear friends,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 194.29 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 193.13
Recommended Stop Loss - 195.01
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
$SLP is turning resistence into support on daily 1D frameNASDAQ:SLP Smooth Love Potion is holding nicely over several suports
It is holding above 200MA 1D, above 200EMA 1D and above long term fib level
And it is retesting as a support the anterior blue resistence!
Bollinger Band is narrowing (gray) and there is also strong support from Visible Range Volume past trades (horizontal bars on right)
As the target of the down wedge has already been achieved (pink arrow), it may be forming a kind of a triangle on these last 20 days
Will BNB maintain current resistance?Hello everyone, let's look at the 4H BNB to USDT chart, in this situation we can see how the price is moving in a sideways trend channel, staying below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = USD 579.2 at which the price struggles
T2 = $605.9
T3 = $623.6
AND
T4 = $648.3
Now let's move on to the stop-loss in case of further market declines:
SL1 = $570.1
SL2 = $539.4
SL3 = $518.2
AND
SL4 = $491.50
Looking at the RSI indicator, we can see that there is still room for price movement down, but when we look at the STOCH indicator, we can see that it has returned to the lower border of the channel, which may slow down the price decline.
MNSO: turning up with some potential momentumMNSO getting some analyst attention lately with price targets around previous all time highs. 34EMA / 200 MA cross up is a sign of potential longer term uptrend and some momentum should price start to push up. Three targets above current move are previous pivot levels it came down from.
CAKE is about to give one HUGE birthday surpriseChart is marked with targets
Yes, I realize the targets that I've marked
When it crashes, it might be BIG.
It won't make it to 25 without retracing on the way up.
I could see it top out around 6.9 in an alt coin pump
Personally, I'm quite bullish on this coin.
SUPER MICRO COMPUTER, TINY COMPUTER BIG REJECTION TRENDQuick chart.
Price targets marked.
It needs to break over that massive trend otherwise, I'd be careful as a bull.
Support is somewhat weak until we reach that 450 level.
Bigger support comes in lower at around 236.
But both are fairly strong levels.
RSI is kind of getting up there and showing signs of maybe this being an exit move to the upside before a drop.
Yes, there is upside.
Short term trend is climbing right to to 930.
But honestly, It's really hard to tell, and it might reject at a lower target that is more short term than the 930 mark.
879?
Overall remaining neutral because I'm not really sure.
Good luck with your decision on the stock!
LINK/USDT 4hInterval CHARTHello everyone, let's look at the 4H LINK to USDT chart as we can see that the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $15.22 - $16.25
T2 = $17.33
T3 = $18.81
AND
T4 = $20.72
Now let's move on to the stop-loss in case of further market declines:
SL1 = $14.46
SL2 = $13.45
AND
SL3 = $12.74 - $11.82
Looking at the RSI indicator, we can see that small price movements returned the indicator to the lower part of the range, while the STOCH indicator returned to the lower limit, which may affect the current stop of the correction.
ETH/USDT 4HInterval ChartHello everyone, let's take a look at the ETH to USDT chart considering the four-hour time frame. As we can see, the earlier entry into a long position resulted in an increase of about 6% at this point, at this point we can see an attempt to break out of the downward trend line, which could result in an upward movement towards the red zone. However, support for the coming days will be the previous resistance level around $3,000.