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Gold price analysis December 3Fundamental Analysis
The focus now appears to have shifted to the Fed policy outlook following the latest speeches from several Fed policymakers and ahead of Friday's Non-Farm Payrolls (NFP) data. Trump threatened to impose 100% tariffs on Brazil, Russia, India, China and South Africa if they create a new currency or support another one to replace the Greenback.
However, a rebound in safe-haven demand for the USD early on Tuesday kept gold buyers on their toes. Persistent concerns about China's economy and Trump's threat of global tariffs remain a drag on investor sentiment.
Gold's next move will likely depend on upcoming US jobs data and its impact on Fed rate cut expectations. Meanwhile, gold traders remain wary of geopolitical tensions between Russia and Ukraine, between Israel and Iran, which could have a strong impact on the traditional safe haven asset, gold.
Technical analysis
The immediate price range that gold is facing is the 2633 and 2652 zones. The 2633 zone has been relatively weak as the Asian session tested this zone once. If the 33 zone fails to hold, 2629 will become a buffer for gold before finding the main support zone of 2618. The US port zone of 2652 last night is also relatively strong at the moment and it is relatively difficult for gold to overcome and reach 2662 today.
Gold price analysis November 26Fundamental analysis
Gold prices struggled to capitalize on an intraday rebound from a one-week low of $2,600 and remained low for a second straight day heading into the European session on Tuesday. US President-elect Donald Trump’s tariff threat prompted some safe-haven flows and provided a modest intraday gain for the safe-haven precious metal. However, expectations of a less dovish Federal Reserve (Fed) capped gains in the non-yielding yellow metal.
Meanwhile, growing market confidence that Trump’s expansionary policies will stoke inflation and force the Fed to cut interest rates gradually has triggered a fresh rally in US Treasury yields. This has helped the US Dollar (USD) regain positive momentum and has become another factor undermining demand for gold. Additionally, optimism over Scott Bessent's nomination as US Treasury Secretary and the possibility of a ceasefire between Israel and Hezbollah have kept XAU/USD in check.
Technical Analysis
2606 has become an important support zone to keep gold prices above 2600. Any sign of gold breaking the immediate port level of 2611 will send gold to 2606 where support is the most important key zone for gold prices today. If this zone is broken, we will pay attention to the next support zone around 2591 and 2580. 2631 and 2649 have become two important resistance zones today when gold prices break the upper border and close above 2618.
GBP/USD Analysis: Potential Bearish SetupThe GBP/USD pair is showing signs of a bearish continuation within a well-defined descending channel on the 4-hour timeframe. Price is currently testing the upper boundary of the channel, aligning with a potential reversal zone.
Resistance Zone: Price is rejecting near the 1.2875 level, which corresponds to the channel's upper boundary and a potential supply area.
Bearish Divergence: The RSI shows signs of exhaustion near the overbought territory, hinting at a possible shift in momentum to the downside.
The overall trend remains bearish, and as long as price stays within the channel, the bearish bias will likely prevail. Monitor price action closely for confirmation of the reversal!
GBPUSD Analysis Week 48🌐Fundamental Analysis
Traders have reduced their bets on another Bank of England (BoE) rate cut this year after data released last week showed that underlying price growth in the UK accelerated in October. This has further contributed to the relative outperformance of the British Pound (GBP) against its US counterpart and confirmed the positive outlook for the GBP/USD pair.
US PCE data released on Wednesday showed that the pace of deflation in the US stalled in October. Moreover, investors now appear to believe that US President-elect Donald Trump’s expansionary policies will boost inflation. This follows the hawkish FOMC minutes earlier this week, which revealed that the Committee could pause its policy rate easing if inflation remains high. Additionally, geopolitical risks and trade war concerns could benefit the relative safe haven status of the Greenback and limit the upside momentum of the GBP/USD pair.
🕯Technical Analysis
The 1.250 support level was accepted by the market as it pushed the price to 1.273 during the final trading session of the week. The break out of 1.262 marked a major development of GBPUSD back to the uptrend. To mark a new growth, GBPUSD needs to trade above the 1.276 area. And immediately we can see GBPUSD trading within the price range of 1.276 and 1.262. Watch the strongest resistance zone of 1.286 for market fluctuations in Nonfarm next week.
📈📉Trading Signals
BUY GBPUSD 1.262-1.260 Stoploss 1.258
SELL GBPUSD 1.286-1.288 Stoploss 1.290
ATOMUSDT Long Setup Setting / Quick 15Min LongBINANCE:ATOMUSDT
COINBASE:ATOMUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
8.723
8.811
8.913
9.029
🔴SL:
8.358
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
DOGSUSDT Long Setup Setting / Quick 15Min Long BINANCE:DOGSUSDT
CRYPTOCOM:DOGSUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
0.000772
0.000784
0.000793
0.000804
🔴SL:
0.000714
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Bitcoin: The Crypto Rally Isn’t Over—Are You Ready for the Next Bitcoin: The Crypto Rally Isn’t Over—Are You Ready for the Next Leg?
Bitcoin has been leading the charge in the recent crypto rally, showing strength and resilience across key levels. While some traders might expect a pause or a pullback, I don’t think the bullish momentum is done just yet.
I believe there’s at least one more leg up in this rally, and I’m preparing to capitalize on the move. Here’s the breakdown:
Momentum in the Crypto Market
Bitcoin has been riding a wave of optimism, driven by institutional interest, improving sentiment, and favorable macro conditions. The broader crypto space seems to be in a risk-on mode, supporting further upside potential.
Bullish Continuation Likely
The recent rally has broken key resistance levels, signaling strength in the trend. While short-term consolidation or small pullbacks may occur, the overall trajectory remains upward.
Trade Idea
Looking for Longs: My bias remains bullish, and I’m ready for the next move higher. I’m focusing on dips into support zones or breakouts above resistance for potential entry points.
Risk Awareness: While the rally looks strong, volatility in crypto markets can strike unexpectedly. Managing risk remains crucial.
BTCUSD Breakout Alert: Head and Shoulders Pattern Targets $108K!Bitcoin is showing a textbook Head and Shoulders breakout, with a potential move above the neckline (dotted line). The projected target for this bullish structure points toward $108,000, marking a significant continuation of the long-term uptrend.
Entry Idea: On retest of the neckline or consolidation above the breakout zone.
Stop-Loss: Below the right shoulder for risk management.
Take-Profit Target: $108K, in line with the projected breakout target.
Keep an eye on volume too.
Disclaimer: This is not financial advice. Conduct your own analysis and manage risk accordingly.
Follow for more.
US100: Another Push Higher or a Long-Overdue Pullback?US100: Another Push Higher or a Long-Overdue Pullback?
The US100 has recently experienced a strong rally, igniting speculation among traders that a significant retracement is just around the corner. But is it really time for a pullback? Not necessarily.
While market corrections are inevitable, the current momentum suggests that the uptrend is far from exhausted—at least until the market says otherwise. Here’s my take:
Trend Dynamics
The rally across major indices has been fueled by strong sentiment, robust tech sector performance, and resilient economic data. The all-time high now seems within reach, and the market might aim for that psychological level before considering a substantial pullback.
Cautious Long Bias
I’m keeping a long bias on the US100, as the upward trajectory still looks intact. However, I acknowledge that any signs of weakness or resistance at key levels could quickly shift the narrative.
Flexibility is Key
While I lean bullish, I remain open to short opportunities if the market shows clear signs of reversal. The key is to stay adaptable and let the price action guide the way.
Fundamental Backdrop
The bullish case is supported by resilient corporate earnings, cooling inflation, and optimism surrounding the tech-driven economy. However, potential headwinds, like interest rate concerns or geopolitical risks, could trigger sudden volatility.
Trade Idea
Watching for Longs: I currently don’t have a specific entry point in mind but am closely monitoring price action for buy opportunities.
Open to Shorts: If the market begins to show signs of exhaustion at key resistance levels, I won’t hesitate to explore short setups. Flexibility is crucial in these conditions.
Perspective, Not a Trade Recommendation
This analysis provides a perspective on the US100’s current rally and potential setups—it is not a trade recommendation. Conduct your own analysis and always practice sound risk management.
Cardano AdaAda usdt Daily analysis
Time frame 4 hours
Risk rewards ratio >2.5 👈 👌
My Previous analysis hit the target
Today I found another entry point for Cardano that I think will bring good profits for traders.
I analyze based on the ascending trend line (green line) and support and resistance points.
ICXUSDT Long Setup Setting / Am I going to let you lose?BINANCE:ICXUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Right now AND
Second Entry = Yellow zone: 0.2057 - 0.194
⚡️TP:
0.2170
0.2262
0.2396
🔴SL:
0.1893
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
CHF/JPY Analysis The pair has shown some bearish momentum, reaching a zone of interest for potential reactions. While a short-term bounce is possible due to oversold conditions and the proximity to a key weak low, the risk here is not negligible. Market dynamics suggest this could be a countertrend move, so it's vital to manage risk carefully.
Key Observations:
Weak low interaction: The price is sitting near a potential liquidity zone, making a reaction plausible.
Risk Note: Larger trends still lean bearish; any bounce may face resistance.
Always prioritize risk management and trade responsibly!
XAUUSD last trade chart Gold (XAUUSD) surges higher, marking a strong bullish recovery in the latest trading session. The price action hints at growing demand, with buyers stepping in near key support levels. A breakout above critical resistance zones could pave the way for further upward momentum. Traders are watching closely for confirmations of the trend continuation, while risk management remains crucial amid potential market volatility..
IOTAUSDT Long Setup Setting / Am I going to let you lose?BINANCE:IOTAUSDT
CRYPTO:IOTAUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
0.2189 (Close it if you don't want to lose any)
0.2282
🔴SL:
0.2030
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.