Tradingsignals
Reached the top and suddenly fell verticallyGold costs reduced after statistics approximately americaA housing marketplace in September. According to americaA National Association of Real Estate (NAR), general income of present homes, consisting of personal houses, townhouses, and residences condominiums and cooperatives, fell 1.0% to a seasonally adjusted price of 3.eighty four million gadgets in September. The records turned into higher than expected, as economists had forecast a 1.3% decline. right all the way down to 3.eighty million gadgets. Total sales for August turned into additionally adjusted as much as 3.88 million gadgets from the formerly pronounced 3.86 million gadgets. Year-on-year, income sales reduced with the aid of using 3.5% in comparison to September 2023.
In addition to the motive coming from new financial records, the lower in gold costs may also be a profit-taking circulate with the aid of using many investors, after this valuable steel has constantly peaked withinside the beyond few weeks. Experts additionally word that notwithstanding a robust adjustment, gold costs nevertheless keep above 2,seven-hundred USD/ounce with long-time period assisting elements together with geopolitical instability and hobby price slicing regulations of a chain of primary banks.
🔥 XAUUSD Buy limit 2715 - 2717 🔥
✔️TP1: 2730
✔️TP2: 2750
✔️TP3: OPEN
🚫SL: 2708
➖➖➖➖➖➖➖➖
🔥 XAUUSD Sell limit 2736 - 2738 🔥
✔️ TP1: 2725
✔️ TP2: 2715
✔️ TP3: OPEN
🚫SL: 2746
Gold price analysis October 24Fundamental Analysis
Gold prices fell sharply from an all-time high of $2,758 on Wednesday as US Treasury yields rose, while the greenback hit a two-month high, according to the US Dollar Index (DXY).
Risk appetite has deteriorated, prompting a flight to safe-haven currencies, but not assets such as the yellow metal. The yield on the US 10-year Treasury note has risen more than 65 basis points (bps) since the Federal Reserve cut interest rates by 50 basis points (bps) on September 18, amid concerns that a Trump presidency could spark inflation.
Investors appear to believe that former President Donald Trump could defeat Vice President Kamala Harris, as most betting sites have indicated. As we approach the US election on November 5, investors are looking for shelter from that possibility. Investors are somewhat concerned that Trump's deficit spending, use of tariffs and large illegal immigrant deportation program could cause a new wave of inflation.
Technical analysis
Gold is recovering near the important price reaction zone of 2736-2738. When gold breaks this important zone, it will find the breakout zone of 2750. In case the European session gold fails to break this price zone and falls back, our target is to give a SELL signal around 2724 followed by the bottom zone of 2708 and the most important zone of today is 2700, the critical zone of the EMA. Wish you a successful trading day.
Can we accept as true with gold`s SELL signal?We acquired an apparent promote sign on Wednesday with a key reversal candle printing at the every day timeframe. However, one have a take a observe latest records indicates we've acquired masses of topping indicators and styles this year, but none generally tend to final long. That by myself makes me cautious of the bearish sign, particularly with the charge persevering with to fashion better throughout severa timeframes.
Given how strongly gold has traded recently, there can also additionally had been an detail of profit-taking up Wednesday to plug losses in different asset classes, particularly constant profits markets. The unwind additionally got here from oversold degrees on RSI (14), hinting short-time period positioning changed into turning into lopsided.
Those searching at capability setups may want to use the uptrend strolling from the lows struck on October 10 to construct trades around. It`s observed around $2720 today. If the charge manages to maintain above the uptrend, you may purchase in advance it with a decent forestall beneath for protection. The apparent exchange goal will be the file excessive of $2758.55.
🔥 OANDA:XAUUSD Buy limit 2714 - 2712 🔥
✔️TP1: 2730
✔️TP2: 2750
✔️TP3: OPEN
🚫SL: 2706
➖➖➖➖➖➖➖➖
🔥 OANDA:XAUUSD Sell limit 2740 - 2738 🔥
✔️ TP1: 2730
✔️ TP2: 2720
✔️ TP3: OPEN
🚫SL: 2748
Gold prices change constantlyThe correlation evaluation underneath seems at the connection among gold and silver during the last fortnight with some of marketplace indicators. Gold is at the right, silver at the left.
From pinnacle to bottom, we've got the form of the Fed budget futures curve from October 2024 to December 2025 in black, presenting a manual on price reduce pricing, US two-12 months yields in blue, US 10-12 months yields in green, the United States greenback index in crimson and 10-12 months actual bond yields in red which measures nominal yields much less anticipated inflation over the following decade.
To placed matters into perspective, pastimes and the greenback have risen sharply over the last 10 days. However, regardless of this, gold and silver are an increasing number of correlated with this alteration regardless of being their conventional enemies.
It`s now no longer superb how gold and silver are appearing on this surroundings and but there may be not anything extra than hobby costs and bonus charge fluctuations which are using the valuable metals markets.
Does protection have an absorption path? Lam charge anticipated to be higher? Increased monetary penetration? Russia's sanctions avoidance order? Those are the famous theories, even though it is hard to select out which one, if any, is the actual using pressure proper now. One component we do understand is that gold and silver retain to fashion higher.
💎 TVC:GOLD Buy limit 2714 - 2712 💎
✔️TP1: 2730
✔️TP2: 2750
✔️TP3: OPEN
🚫SL: 2706
➖➖➖➖➖➖➖➖
💎 TVC:GOLD XAUUSD Sell limit 2740 - 2738 💎
✔️TP1: 2730
✔️TP2: 2720
✔️TP3: OPEN
🚫SL: 2748
GOLD - one n single area, what's next??#GOLD.. perfect move as per our video analysis and now market just reached at his most important supporting area.
That is 2709 to 2714
That will play key role in tomorrow and in next move of gold.
Keep close that mentioned region on chart and keep in mind that if market hold it in only that case you can see bounce from here otherwise not.
Don't hold your buying positions below that region.
Good luck
Trade wisely
WE GOT A 5/5 TRADE SETUP ON MBLY. LARGE MOVE INCOMING! NASDAQ:MBLY
🖐️WE GOT A 5/5 TRADE SETUP ON MOBILEYE.
My trading strategy consists of 5 Indicators:
1.) A clear and clean Charting pattern setup.
✔️For this chart that is a symmetrical pattern.
2.) A Volume Gap to fill and strong buying area.
✔️ Clearly sitting on a large "Volume shelf" - JW
3.) The MACD up trending. Crossing Zero line=Bullish
✔️ We are indeed up trending and a Zero line crossing is imminent for this chart.
4.) Stochastic rising and making higher lows.
✔️ Up trending and just crossed the middle RSI band. Higher lows are being made on this chart.
5.) Weekly Stochastic Up Trend. Most bullish once it crosses up through lower band or down through upper band.
✔️ Clearly had a red through yellow flip and are up trending on this charts stochastic heading toward Lower band.
Bonus: We are staying above the 50MA and about to have the 25MA cross upward through the 50MA as well (BULLISH Signal). Finally, I've been following this stock for awhile now and every market open we get a massive amount of short volume in order to try and drive down the stock and get the 20% of shareholders who aren't NASDAQ:INTC to sell them their shares for them to cover at lower prices.
I hope you enjoyed it!
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MPHASIS Surges! TP 2 Hit, Targets in Sight!Technical Analysis:
Mphasis has been on a bullish move, as seen on the 15-minute timeframe. After a solid long entry at 3021.90, the price action has been steadily climbing, supported by the Risological Dotted Trendline, which signals continued upward momentum.
Key Levels:
Entry: 3021.90
Stop Loss (SL): 2993.70
Target 1 (TP1): 3056.75 ✅ (Hit!)
Target 2 (TP2): 3113.10 ✅ (Hit!)
Target 3 (TP3): 3169.50
Target 4 (TP4): 3204.35
Observations:
The price has already reached TP2, confirming the strong bullish momentum.
Momentum supported by the Risological Dotted Trendline shows the possibility of further targets being achieved.
With TP2 hit and momentum intact, Mphasis is showing strong signs of hitting higher targets. Keep an eye on the next resistance levels at TP3 and TP4 for continued gains!
GOLD - if it is breakout then what's next???#GOLD.. our area was 2736 to 2740 and market holds that area in 3 to 4 time but unable to break below 2730.
so now 2740 is cleared and if market continue this pattern then upside new era on table.
only below 2736 to 2740 means buying can be invalidate otherwise not at all.
good luck
trade wisely
Xauusd prices increased in the context of the US also climbingWorld gold prices are also supported when the money flow into the US stock market shows signs of decreasing after the Dow Jones, S&P500, and Nasdaq indexes have all continuously set records in nearly 5 months.
The race for the White House is getting into a dash phase, very fierce with symptoms and symptoms of a reversal toward Donald Trump. The election will take location on November 5. This is taken into consideration to be a turning factor for the gold market.
Many human beings consider that Mr. Trump can clear up geopolitical conflicts in a few areas, thereby riding down gold prices. However, many human beings are afraid that Mr. Trump`s strong-arm guidelines may want to shake the world.
Many specialists expect that each Mr. Trump and Ms. Kamala Harris will step up pumping cash and stimulate the economic system if elected. Besides, gold additionally advantages whilst americaA maintains to reduce hobby costs as planned.
Gold charge forecast 23/10/2024As of 8:45 a.m. on October 23, the world gold price listed on Kitco was at 2,738.4 USD/ounce, an increase of 8.6 USD/ounce compared to the beginning of the previous trading session.
Gold charge forecast
World gold expenses are anchored excessive no matter the growing USD index. Recorded at 8:forty five a.m. on October 23, americaA Dollar Index measuring the fluctuation of the dollar with 6 essential currencies became at 103,749 points (up 0.12%).
Early this morning, global gold expenses reduced as compared to remaining night`s session, however had been nevertheless indexed round document highs. Overall, from the start of the 12 months till now, gold bars have accelerated via way of means of greater than 32%.
Gold has risen no matter growing greenback and Treasury yields, and the upward thrust in gold expenses has outweighed weaker bodily call for and better supply, analysts stated.
Exinity Group marketplace analyst Han Tan stated gold ought to overcome unheard of charge degrees if the valuable steel maintains to disregard the healing in US Treasury yields and the electricity of the silver greenback. green.
💎 TVC:GOLD Buy limit 2724 - 2722💎
✔️TP1: 2730
✔️TP2: 2750
✔️TP3: OPEN
🚫SL: 2716
➖➖➖➖➖➖➖➖
💎 TVC:GOLD Sell limit 2750 - 2748💎
✔️TP1: 2730
✔️TP2: 2720
✔️TP3: OPEN
🚫SL: 2758
Apollo Hospitals Enterprises Ltd – Technical AnalysisCurrent Price: ₹6,891.95 (-1.35%)
Key Levels:
Resistance: ₹7,037
Support: ₹6,875 (immediate), ₹6,700–₹6,600 (critical)
Trend:
Price has broken the lower boundary of the upward channel.
Watch for a potential reversal around ₹6,700–₹6,600.
RSI: Neutral, trending lower.
Moving Averages :
Testing the 50-day MA.
200-day MA at ₹6,200 acts as strong support.
Volume: Decreasing, signaling less buying pressure.
Strategy:
Buy if reversal occurs at ₹6,700–₹6,600, targeting ₹7,037.
Stop-loss : Below ₹6,500 for risk management.
Note: A break below ₹6,600 may lead to further downside.
GOLD - a ATH placed? what's next??#GOLD.. market very well placed 2740 as per our video analysis.
now market just retest that area and keep in mind that if market hold it then its means market life high placed so far. and be ready for a drop.
don't buy until market hold your region that is mentioned on chart.
good luck
trade wisely
Xauusd prices decreased slightly during many hot daysThe world gold price sometimes reached 2,740 USD/ounce but then suddenly reversed and dropped sharply. At 6 a.m. on October 22, today's gold price dropped to 2,720 USD/ounce.
According to analysts, the international gold market fluctuated wildly in the context of many investors selling to gain profits. Gold price today, after many days of hot increases, was forced to go down.
Meanwhile, US bond interest rates increased to 4.1% - the highest level in the past 3 months. That means bond values decline, motivating investors to sell gold and shift capital into bonds. Gold price today naturally decreased.
Gold, which is considered a hedge against political and economic instability, has increased more than 31% since the beginning of 2024 until now. Gold prices also broke many records when the US's move to cut interest rates combined with the need for safe haven capital created a storm in the market.
💎 XAUUSD sell 2734 - 2736💎
✔️TP1: 2731
✔️TP2: 2721
✔️TP3: OPEN
🚫SL: 2743
Xauusd price is likely to be $3,000World gold prices increased in the context of the USD index falling. Recorded at 9:20 a.m. on October 21, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 103,749 points (down 0.08%).
Over the past year, gold bars - a commodity considered a hedge against political and economic instability - have increased more than 31%, breaking many records. The US Federal Reserve's (FED) interest rate cuts combined with safe haven demand have created a perfect storm for gold.
According to senior market strategist Daniel Pavilonis of RJO Futures, developments ahead of the US election and geopolitical developments in the Middle East are supporting precious metals.
President of Phoenix Futures and Options - forecasts that interest rates will decrease and gold is ready to conquer new milestones. He believes that gold prices will reach $3,000/ounce in the first quarter of next year.
In the coming time, gold prices will still be affected by the FED's interest rate management. According to CME's FedWatch tool, US inflation has been contained, the market is expecting a 92.2% chance that the FED will cut 25 basis points and a 7.8% chance of keeping current interest rates unchanged. meeting on November 7.
💎 XAUUSD sell 2734 - 2738💎
✔️TP1: 2730
✔️TP2: 2720
✔️TP3: OPEN
🚫SL: 2744
ETHUSD Possible bounce to the Up Side from the support crossingThe market has formed a double bottom and has successfully broken and closed above this pattern, as well as above the previous resistance level at 2650, which had been respected before. This indicates that the market is creating higher lows, signaling increased buying pressure. If the price bounces off the support zone below and forms rejection candles, it would suggest strong buying interest and further confirm the potential for an upward trend. The target is the resistance zone around 2750
XAUUSD Potential breakout to a new ATHXAUUSD has broken and closed above the downward channel, signaling a strong bullish trend. As the price approaches the all-time high (ATH) level, there is potential for a pullback as traders may take profits or reassess positions. However, with the current bullish momentum, the market is likely to continue moving higher, even if a slight pullback occurs. If the price does pull back, looking for rejection signs near key support levels could confirm further upside. The target is the resistance zone at 2698
Gold prices increased about 2.4% during the weekGold costs surpassed $2,seven-hundred an oz for the primary time as worries approximately escalating warfare withinside the Middle East and a traumatic US election race precipitated traders to hurry to safety.
Bullion rose as a lot as 1% to $2,720.17 an oz, surpassing an all-time excessive set withinside the preceding session. The bullish sentiment unfold to the wider treasured metals complex, with silver growing as a lot as 5.5% to its maximum considering 2012. BlackRock Inc.`s iShares Silver Trust, the most important exchange-traded product monitoring The metal, has visible a massive growth in name alternatives as traders guess on better costs.
The marketplace specializes in an increasing number of traumatic geopolitical traits after Israel introduced it had killed Hamas chief Yahya Sinwar, the person in the back of the Palestinian group's assault on southern Israel, inflicting a extended war. 12 months lengthy in Gaza.
💎 XAUUSD Buy limit 2715 - 2713💎
✔️TP1: 2731
✔️TP2: 2651
✔️TP3: OPEN
🚫SL: 2705
➖➖➖➖➖➖➖➖
💎XAUUSD Sell limit 2751 - 2749💎
✔️TP1: 2730
✔️TP2: 2620
✔️TP3: OPEN
🚫SL: 2758
Xauusd Technical Analysis | October 21, 2024Gold fees hold the bullish motion and print new document highs that's expected. The fee will hold the bullish motion and investors will await a bearish correction. Whenever the fee begins offevolved a bearish correction, investors should wait close to the guide degree to feature greater lengthy positions. As lengthy because the fee maintains printing new better highs and better lows, the fashion will hold bullish.
Today’s critical levels to watch:
Support: $2,685, $2,600
Resistance: $2,750, $2,800, $2,841
💎 XAUUSD Buy limit 2714 - 2712💎
✔️TP1: 2730
✔️TP2: 2650
✔️TP3: OPEN
🚫SL: 2705
➖➖➖➖➖➖➖➖
💎XAUUSD Sell limit 2750 - 2748💎
✔️TP1: 2730
✔️TP2: 2620
✔️TP3: OPEN
🚫SL: 2758
EURUSD Analysis Week 43🌐Fundamental Analysis
The European Central Bank (ECB) cut its key interest rate by 25 basis points (bps) as expected after its October policy meeting. In its policy statement, the ECB noted that it will continue to pursue a data-dependent and meeting-by-meeting approach to determine the appropriate level and duration of policy accommodation.
In her post-meeting press conference, ECB President Christine Lagarde acknowledged that economic activity in the Eurozone has been weaker than expected. On the inflation outlook, Lagarde said low confidence, geopolitical tensions and low investment pose downside risks to inflation. Lagarde's dovish tone kept the euro under pressure in the second half of Thursday.
The economic calendar will not feature any high-impact data on Friday. Meanwhile, US stock index futures traded in positive territory during the European session.
🕯Technical Analysis
EURUSD has recovered at the end of the week after consecutive bearish pullbacks. The downtrend is still showing no signs of stopping as the bullish waves are still relatively weak. At least the pair must recover and close above the 1.095 area to be considered a broken downtrend. Watch the resistance zone when the price recovers around 1.095 and 1.103 for SELL signals. The extended pullback of the pair may extend to 1.072 before the bulls can jump in to prevent the pair from continuing to slide.
📈📉Trading Signals
BUY EURUSD 1.07200-1.07000 Stoploss 1.06800
SELL EURUSD 1.09500-1.09700 Stoploss 1.09900
I REALLY LIKE BITCOIN'S STRUCTURE But what we need to see first?As you can see, the beast has awakened in recent days, and the mother of all cryptocurrencies is back. It’s crucial to use Bitcoin’s analysis as a base because it’s the crypto that drives the entire cryptocurrency market in general. So, rest assured, if Bitcoin wakes up, the crypto market will be alive!
The Beast has awakened, and we are very close to $70,000. The key lies in two very important points that I will highlight in yellow on the chart.
Point 1 (P1): VOLUMETRIC CANDLE. The impulse of the volumetric candle that gave the price its bullish strength—these types of candles are the fuel that the price needs to propel itself and reach new highs.
Point 2 (P2): DIVERGENCE. If we look at the two EMAs (8 and 21), they are very extended. I use these EMAs as a reference to confirm there’s strength in the price. Whenever these two EMAs start to widen from each other, it's when the price begins to make a decision and show strength to either continue its trend or maintain momentum.
But hold on! Don’t celebrate just yet.
To reach the All-Time High, we’re likely to see one or two pullbacks first. It all depends on the volatility we’ll see in the coming days.
Our short-term goal is for BTC to reach $70,000, and after hitting that target, we’ll be very close to seeing BTC surpass its all-time high once again.
In my personal opinion, I think the most difficult stage for Bitcoin is not reaching $70,000, but surpassing $71,800 level
Let’s see what the week has in store for us.
Thank you for supporting my analysis.
Palantir Validated a Liquidity Zone, Whats Next? If you saw my previous structural analysis, I had mentioned that Palantir was going to hit an institutional liquidity zone, and for the first time in several years, using common sense, the price was going to face rejection.
And that’s exactly what happened...
The price hit my point of interest and dropped for 3 days. However, the last candle with which we closed the week was green and had enough volume.
Why is this? If we can see 2 candles before the close, we can detect a trap that created a long wick downward, preventing the price from falling further. That’s the detail we're seeing before the week’s close—the last candle was bullish. We also can’t ignore that Palantir is only about 2 weeks away from its earnings report.
So, I don’t think the price will make a decisive move just yet, and even if it falls further, it would likely be around 38.50. However, the earnings strategy that traders are waiting for, where Palantir accumulates and begins to rise, is very close. So, we need to be very alert as we approach its earnings report on November 4th.
Best regards, and thank you for supporting my analysis.