XAUUSD major support and resistance for the daysupport:
2348
2337
2327
2322
2312
2306
Resistance:
2365
2374
2388
2395
2404
2412
2421
The bottoming sign in the 1D timeframe is clear, but the upward momentum still falls short of expectations. If a strong uptrend forms today, we could see a high of 2,370 in the 1D timeframe, after completing this uptrend, we will then assess whether there will be a correction or if the bullish trend will continue. In the 4H timeframe, it is just lacking a bit of momentum for an uptrend. With another rise on Thursday to break through 2,342 and the Bollinger upper band widening, it will form a strong uptrend. This could lead to a significant surge, and combined with the target in the 1D timeframe, we could see a rise of about US$30 this week.
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GOLD- bull run exhaust ? What's next?#GOLD... Well guys market placed 2365 plus as day high in yesterday.
That is our channel neck line as we discussed in our last idea,
And that is our cut n reverse area as we discussed in our video analysis.
So keep close it if market hold it then drop expected from here.
In case market break that area then selling will invalidate and as I told you above 2365 is your cut n reverse area.
Good luck
Trade wisely
GOLD - if trade in range then expected range. #GOLD.. we guys market perfect move as per our video analysis.
and now we have 2 areas and if market will trade in range then that is your range.
upside we have 2365 66 in hourly chart and downside we have 2358 in hourly chart as well.
no doubt flash services and flash manufacturing PMI data on table but if market will trade in range then these areas is your range area..
until market closed either side.
good luck
trade wisely
GBPUSD - CPI and only one single area on table.#GBPUSD... As you know guys tomorrow is POUND CPI day and we have one n single area on chart.
That is 1.2670
Keep close that area, it's only area that can change the overall scnerios.
Don't hold your buying positions below that area.
Only buy above that otherwise not at all.
Good luck
Trade wisely
TRBUSDT - single supporting area, holding or not??#TRBUSDT.. well market near to his one of the most important supporting area that is around 77 - 78
You can see in history market very smoothly hold it couple of times.
This time if market hold it again then you can see again bounce from here.
But one thing more is very important that below that level you should cutt n reverse in hand.
Don't be lazy here
Good luck
Trade wisely
xauusd high volatilityFundamentals
Over the past six months, despite the Fed holding off on rate cuts, high US bond yields, and a strong dollar, both gold and silver have set multiple records. Even skeptics must acknowledge the impressive performance of these metals. Much of this resilience is attributed to sustained central bank buying, with further purchases expected to characterize the second half of the year.
Notably, central bank purchases are coming from various countries, enhancing gold's relevance as a reserve asset. Should the Fed and other major central banks initiate rate cuts, it would improve the overall sentiment for gold by year-end. Meanwhile, broader risks that could stimulate safe-haven demand remain, including the US presidential elections, escalations in Middle Eastern or Russo-Ukrainian conflicts, and potential volatility in globally bullish stock markets if their robust performance falters.
Can Gold Prices Continue to Rise Despite Repeated Pressure on Bulls?_1
Technical Analysis
Gold prices edged slightly higher on Wednesday, but remained below the critical resistance level of $2,345. While further upside is constrained, bulls continue to maintain positive momentum.
Technical studies on the daily chart indicate bulls have successfully held above the upper boundary of a triangle consolidation pattern, suggesting any price retracements in the short term will find support at this level. Meanwhile, the sideways consolidation is expected to sustain upward momentum from this level.
On the flip side, breaking below $2,324 could open the path to retesting support near the lower Bollinger Band around $2,306. A drop below $2,286 could trigger a stronger downward acceleration, as this would complete a failed swing pattern and an asymmetric head-and-shoulders pattern.
Overall, bulls face repeated pressure but the upward structure remains intact. We continue to anticipate opportunities for bulls to push higher before bears take control. Buying on dips remains the preferred trading strategy
GOLD - 2nd time testing channel line, what's next??#GOLD- well guys market near to your channel line 2nd time, first time market hold it perfectly and now 2nd time market again placed a high near your channel down line.
what will happen? this time market will hold that channel or not..
no doubt day is not closed yet. it will cleared after day closing.
good luck
trade wisely
GBPUSD - at his weekly Supoort? What's next??#GBPUSD.. well guys pound bank rate unchanged as expected.
And market at his weekly and daily supporting area.
Keep close your region 1.2660 to 1.2670
If market hold it then again bounce expected from here .
And keep in mind that 1.2660 is your cut n reverse area .
Good luck
Trade wisely
GOLD - today resistance ? whats next??#GOLD.. market very well hold your area and bounced as we discussed,
now market have 2358 as today 2nd resistance area, keep close it because if market hold it then drop expected from here,
above 2359 hour closing means invalidate selling.
keep close and dont be lazy here.
good luck
trade wisely
BTCUSDT - at his mysterious area, what's next?? #BTCUSDT. well market very well holding his supporting area as we told you. and now market is at his today resistance area 66400 around.
keep close it that is your mysterious area for now.
if market hold it then again drop expected from here.
good luck
trade wisely
BTCUSDT- at support? Holding or not??#BTCUSDT.. market at his major support of the week that is 64450
This area have much importance on current chart and in history as well.
And now again it is our most important area for now.
If there is any kind of buying turn is exist in BTC then that is your support.
But if market clear that level then gradually you can see a drop up to 5800 around plus minus.
So keep close it as a major supporting area.
Good luck
Trade wisely
SILVER - back for again top? Or not??#SILVER .. in yesterday our area was 29.60 to 29.65
And you can see market hold it for 3 or 4 times.
And then market broke that level and placed around 29.80 as day high
As you know that yesterday was bank holiday in USA means no major data or no major move.
Now we have 29.90 as a important major resistance for silver.
29.90 will play key role in today with important data's in table.
So keep close 29.90 it will your area for tomorrow.
If market hold it then a drop expected from here.
And if not then not at all.
Only area 29.90
Good luck
Trade wisely
GOLD - at today support? Holding or not ?#GOLD.. perfect move as per our video analysis and now market place a day low near today supporting area.
That is 2305 around.
Keep close it if market hold it then again bounce expected from here.
But keep in mind below 2305 cutt n reverse keep in hand.
Good luck
Trade wisely
SILVER - there is one n only area, again holding??#SILVER - perfect move as per our videoanalysis and first of all congratulationsand now price again at your one of themost important support for today.
That is 29.02 03
Keep close it we told you again n againabout that supporting area if marketclear that level then a smooth dropexpected below that.
Otherwise not at all.
Don't float your buyings below that area.
Good luck
Trade wisely
GOLD - at resistance? holding or not??#GOLD.. perfect move as per our video analysis and first of all congratulations to all.
now market at his resistance area that is 2320 21 keep close that area because if market hold it then again drop expected from here.
dont be lazy here.
good luck
trade wisely
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ES1! - TIME TO LOOK FOR SHORT ENTRIES OPPORTUNITIES - WEEKLYThank you for the likes, shares and follows. Really appreciate!
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This is a zoome out from the latest analysis of the ES1! Mini S&P500 Market.
A little bit adjusted with some interesting points to consider.
in the upper side we potentially won't be surprised in proach futrue see the price rising to $5637.5.
It is time probably to think at holding long short positions as there are some potential lower price point interesting to consider:
- The red horizontal line range area
- And lower there the blue dashed horizontal line
next week candle could probably do the same as this week but in the short side.
Where is the price going and what is the upper side limit? We don't know, we can only make some assumptions based on the technical analysis of the chart.
The issue is that we see that some historicl correlations are not being respected anymore.
SILVER.. there is only area, holding or not??#SILVER.. well guys market have one n only area 29.02 keep close it in my pervious idea i told you about selling move below that level. but keep in mind if market hold it then it will be your supporting area for next further move to upside.
don't be lazy here.
good luck
trade wisely
SILVER - where is next target? pattern change?#SILVER.. market perfect move as per our video analysis, and now market still in hi pervious pattern and continue.
but there is some change in current pattern, if market hold your mentioned area then you can say it will again follow your previous pattern and continue buying again. but if market break your area then market will control by sellers,
keep close your region and only only short below that region.
good luck
trade wisely
GOLD - at today resistance? whats next??#GOLD.. perfect move as per our video analysis and congratulations to all.
now market at his today one of the most important resistance 2330 around,
keep close that area because if market hold it then you can see again a drop from here,
dont be lazy here,
good luck
trade wisely