Get started

Trend Analysis

GOLD → The calm before the storm. News ahead... FX:XAUUSD is at a strong resistance of 2790. Traders are getting nervous before the news. Risks as well as the price are rising. PCE, Initial Jobless Claims, Chicago PMI are ahead. Traders have taken a wait-and-see stance ahead of the news. PCE along with NFP on Friday should give an insight into the Fed's interest rate outlook. Against the backdrop of a steady US labor market, a 0.25% cut is the most likely scenario. The metal is holding back any fall that could be seen as a correction due to election uncertainty. There is not much time left. As well as news from China and the escalated conflict in the Middle East. Technically gold is in a range, the chart indicates stronger levels and liquidity zones. The most probable scenario is a retest of one of the support zones and further growth after liquidity capture. Targets in such a case could be 2789-2800. Support levels: 2771, 2758, 2745 Resistance levels: 2789, 2800 It is not excluded that there may be a strong shakeout on the background of the news. Market behavior at the moment will depend on the actual data. The reaction may be extremely aggressive. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDLong
by RLinda
9
XAUUSD- Continued to rise from $2,750 per ounceGold (XAUUSD) fell significantly yesterday, with prices falling below $2,780 and now hovering around $2,750 — marking its best recovery since mid-October. So, what's driving the metal? Key drivers: Gold's uptrend is supported by fundamentals, especially the possibility of the Fed pausing rate hikes if inflation continues to slow. Additionally, geopolitical tensions and a weaker US dollar are boosting gold's appeal as a safe-haven asset. XAUUSD's new outlook: If gold holds within its current rising channel and breaks above the key resistance level of $2,790, we could see gold prices reach new highs, heading towards $2,820 or higher. Short-term levels to watch: Major support: $2,740 - $2,750 Major resistance: $2,780 - $2,790, with the next target at $2,820 - $2,830
OANDA:XAUUSDLong
by peuypaju
PLTR: A Dangerous Top Signal Appears!Key Observations: Daily Chart (Left) Inflection Point: The price has fallen back, approaching an inflection point around $40.36 after failing to sustain momentum above the recent high at $45.00. This area could act as a short-term support, and any further weakness below it could signal a potential shift towards bearish control. EMA Support: The daily chart shows the 21-day EMA as a potential dynamic support near the inflection point. There is still time for PLTRT to react, but for now, there is no bullish signal around. Weekly Chart (Right) Bearish Engulfing Pattern: A bearish engulfing candlestick pattern has formed near the all-time high around $45.00, signaling potential bearish reversal pressure at a major resistance level. This pattern often suggests that sellers have overwhelmed buyers, which could lead to further downside or at least a consolidation phase. According to Bulkowski's studies, a BE reverses the trend 79% of the time, so it is a quite powerful candlestick pattern, and we shouldn't ignore it (Encyclopedia of Candlestick Charts). Long-Term Uptrend: Despite this bearish signal, PLTR has been in a strong uptrend on the weekly chart, supported by the 21-week EMA, which is currently below the price. Any correction from here might still be viewed as a pullback within a broader uptrend unless key support levels break down. Conclusion: PLTR's chart shows short-term bearish signals, particularly with the bearish engulfing pattern near the all-time high. Watch for support around $40.36 and the 21-day EMA as critical levels for short-term sentiment. The long-term uptrend remains intact, but this could be a phase of correction or consolidation. In order to avoid a bearish scenario, PLTR needs to react, above the $40, and break the $45, maintaning the price above this level on the wekly chart. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
NYSE:PLTR
by Nathan_Black
2
USNAS100 / NFP With bearish volatility Technically : The price has dropped precisely as anticipated. It is now expected to reach 19860, with a stabilization below 20008 level likely extending the decline toward 19740. Bearish Scenario: While trading below 20000, the price may attempt to reach 19860 and 19740. A break below 19740 would pave the way for further declines toward 19520. Bullish Scenario: Stabilization above 20020 would open the path to 20240. Further strength above this level could create a bullish zone targeting 20420. Today’s market is expected to be highly volatile due to the release of the NFP, Unemployment Rate data, and earnings reports, which will likely have a strong impact on indices. Key Levels: Pivot Point: 20020 Resistance Levels: 20125, 20240, 20330 Support Levels: 19860, 19740, 19520 Trend outlook: - Bullish above 20125 - Bearish below 20020 previous idea:
OANDA:NAS100USDShort
by SroshMayi
NFP Set to Rock Gold: Last Opportunity for a Well-Timed ShortMarket analysis: Brothers, today's gold market continues to be bearish! The short orders arranged before the release of yesterday's data have brought us a lot of benefits, and we have seized the lucrative profits of the decline in gold. Tonight, heavy data will be released one after another: the US October non-farm employment data, unemployment rate and ISM manufacturing PMI index will form a triple impact on the gold market. These data are expected to put bearish pressure on gold, but considering the sharp drop the day before, today's downside may be limited because the market has partially digested the bad news. Therefore, today may be the last short-selling opportunity this week. Next week, with the landing of the US election, the market is expected to turn to favor gold. So how to arrange it, you can look at the candlestick chart, 2756-2758 is currently an important pressure point, so the strategy before the data is released is to short the market near this pressure point! Trading strategy: Layout before data release: short in the key pressure area of ​​gold Take profit target: 2735-2740 Stop loss setting: 2770 Strategy ideas to follow the trend: As the last trading day of this week, we will arrange short orders before the data is released, and start to arrange long orders next week to follow the trend. Detailed strategies and operation points have been released to each VIP member. If you need further guidance, please join the VIP group to get exclusive strategies!
OANDA:XAUUSDShort
by Falcon-Training-Camp
wait NEW ATH 2771 ! positive from the market XAU ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Expectations of a more moderate rate cut by the Federal Reserve and concerns about deficit spending after the US election should help support US bond yields and the USD. Additionally, a positive sentiment in global equity markets is keeping Gold prices in check. Investors also appear cautious ahead of key US data releases this week, including the Advance Q3 GDP, PCE Price Index, and Nonfarm Payrolls (NFP) report. ⭐️Personal comments NOVA: Break trendline H1 - buyers push the price to continue waiting for a new ATH in the near future at 2771 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2771 - $2773 SL $2778 TP1: $2765 TP2: $2750 TP3: $2740 🔥BUY GOLD zone: $2742 - $2739 SL $2735 TP1: $2750 TP2: $2760 TP3: $2771 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
8
SPX: Critical Levels and Volatility Ahead Amid Key Data ReleasesTechnical Analysis The price is likely to attempt a retest around 5,761 or 5,781, after which a renewed bearish trend could push it toward 5,675 and 5,643. Bearish Scenario: Consistent stability below 5,781 may lead to a downward move targeting 5,732. A 1-hour or 4-hour candle close below 5,732 could activate the next bearish zone. Bullish Scenario: Should the price stabilize above 5,746, some bullish momentum may emerge toward 5,781. However, a reversal with stability above 5,803 would signal potential movement upwards, with targets at 5,824 and 5,850. Further Bearish Continuation: For a deeper decline, the price should establish stability below 5,732 and 5,715, paving the way for a drop toward 5,675. Today’s market is expected to be highly volatile due to the release of the NFP, Unemployment Rate data, and earnings reports, which will likely have a strong impact on indices. Key Levels: Pivot Point: 5748 Resistance Levels: 5781, 5803, 5824 Support Levels: 5709, 5675, 5643 previous idea:
OANDA:SPX500USD
by SroshMayi
US30: Volatile Day Ahead with Key Levels in FocusUS30 Technical Analysis The price has reached our previously highlighted support level at 41,745, bouncing back toward resistance. Currently, as long as trading remains below 41,970, we anticipate a downward trajectory toward 41,750, with further decline potential to 41,560 if breached. Additionally, news events are adding pressure to the outlook. Bearish Scenario: Sustained trading below 41,970 may drive the price lower toward 41,750, and ultimately to 41,560. Bullish Scenario: A break above 42,130 could reinforce a bullish trend, pushing prices to 42,290 and potentially to 42,450. Today’s market is expected to be highly volatile due to the release of the NFP, Unemployment Rate data, and earnings reports, which will likely have a strong impact on indices. Key Levels: Pivot Point: 41970 Resistance Levels: 42130, 42290, 42450 Support Levels: 41750, 41560, 41350 Trend Outlook: - Bearish by stability below 41970 and 41740 - Bullish by stability above 42130 - Consolidation 41970 and 41750 previous idea:
OANDA:US30USDShort
by SroshMayi
GBP/USD Strengthens Amid BoE Rate Cut Speculations and U.S. DataOn Friday, the GBP/USD currency pair exhibited a notable rise against its major counterparts, driven by a reassessment among traders regarding the anticipated interest rate cuts from the Bank of England (BoE) for the remainder of the year. Market sentiment has shifted as analysts speculate that the BoE is poised to implement a rate reduction in one of its forthcoming meetings in November or December. According to recent insights from Reuters, traders are now factoring in an 80% likelihood that the BoE will lower its key borrowing rates by 25 basis points (bps) on Thursday, bringing them down to 4.75%. This potential rate cut comes amidst a backdrop of economic considerations that have traders on alert, particularly with the release of key U.S. employment figures today. The market will focus on the USD Average Hourly Earnings month-over-month data, Non-Farm Employment Change, and the Unemployment Rate. These indicators are critical and are expected to bring strong volatility to the markets. Current forecasts suggest a headwind for the USD, which could concurrently bolster the GBP against the euro and impact other pairs correlated with the DXY. From a technical analysis perspective, GBP/USD has recently approached a significant demand area, which could serve as a springboard for upward movement. The Commitment of Traders (COT) report reflects a bearish sentiment among retail traders, indicating a broader market consensus that may be shifting. In contrast, "smart money"—institutional investors—appear to be accumulating long positions, potentially signaling a bullish outlook. Adding another layer of complexity are seasonal trends, which historically suggest that the GBP/USD pair could be on the brink of a new bullish rally. Traders are now posed with a critical question: is the current price level the optimal entry point for long positions, or should they await a potential dip to a lower demand zone before committing their capital? The outcome of today’s economic data releases will likely play a pivotal role in determining the short-term trajectory of the GBP/USD pair. Should the U.S. data disappoint, it may further sway sentiment toward the pound, while strong U.S. figures could dampen enthusiasm for the GBP, sparking further discussions around additional BoE rate cuts as the year draws to a close. In conclusion, the interplay between central bank policies, economic data, and market sentiment is creating an intricate landscape for traders navigating the GBP/USD pair. With potential rate cuts on the horizon for the BoE and significant U.S. economic indicators set to be released, volatility is inevitable and positions are likely to adjust in response to these developments. As the trading day unfolds, all eyes will remain glued to the charts and economic reports, seeking clarity and direction in what promises to be a dynamic session. ✅ Please share your thoughts about GBP/SD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
by FOREXN1
1
Solana Short Setup even in a Bull-run / Risky but we are tradersBINANCE:SOLUSDT COINBASE:SOLUSD 📈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: 172.35 169.89 167.72 164.76 🔴SL: 182.02 🧐The Alternate scenario: If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Short
by CrazyS
BTC Dominance Chart - BITCOIN DOMINANCEBTC Dominance is the most important chart to follow to understand whether the crypto market is in an altcoin or Bitcoin season. Currently, Bitcoin Dominance is in a strong bullish trend and has reached the 60% level. This means that Bitcoin alone holds 60% of the total crypto market value. In other words, the entire altcoin market, including ETH and other large-cap coins, represents only 40% of the market. Considering the crypto market has over 2,500 different coins/assets, it’s notable that all of them combined only account for 40% of the total market value, while Bitcoin alone makes up the other 60%. In previous bull market cycles, this chart typically shows initial bullishness, followed by a strong reversal to the downside after a few months, which brings the largest returns in the altcoin market. A bullish trend in BTC Dominance indicates that Bitcoin will outperform altcoins, whereas a bearish trend suggests the opposite. Currently, BTC Dominance is moving within a parallel channel driving its bullish movement. It has reached the weekly supply level and is now approaching the monthly supply level. I expect BTC Dominance to hit this monthly supply level at the top of the channel, experience rejection, and start moving lower. Eventually, I anticipate it will break below the entire channel, signaling a large influx of capital into altcoins. This shift has the potential to create significant returns for altcoin investors. I believe this scenario is likely during the 2025 bull cycle, so be prepared to build generational wealth.
CRYPTOCAP:BTC.DShort
by UA_CAPITAL
S&P500: 1D MA50 hit after 50 days. Is it a buy?S&P500 just turned bearish on its 1D technical outlook (RSI = 44.346, MACD = 12.360, ADX = 37.705) as it hit yesterday the 1D MA50 for the first time since September 11th. The Channel Up since August is intact and each of its two previous Lows took place on the 1D MA100 and 1D MA200 respectively, so each time an MA period higher. The 1D RSI is also reversing on a similar pattern as those two Lows. Our Target is the top of the pattern (TP = 6,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US500Long
by InvestingScope
EURUSD Set To Fall! SELL! My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0861 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clearshort signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0824 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 ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
3