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XAUUSD current as Gaza news saturated, long term trendXAUUSD h1 price is still sideways in the 1965-2000 range. In the short term, it is possible that gold will sweep down to the 1970 support zone again and then reverse upward. Currently, traders can buy up the 1971 price when there is a clear confirmation signal of a reversal. Production: 1963, City: 1990 Please keep selling, everyone . Gold has returned 6x You can wait to get back to the 198x area to set up a sell order. Or if you break deep to 3x-4x and then bounce back to the 6x area, you can sell. After many days of price increases, it seems we are about to see 1900 However, everyone paying attention to the 1960-1964 area is also quite important. It may still be slightly turned on in that area. Whoever is selling, just sell, if you buy, just browse and exit
OANDA:XAUUSD
by TheLeader_WOLF
1
#CHFJPY Buying opportunityHello, everyone. I hope you are all doing well. Let's dive into the CHFJPY chart and explore a potential buying opportunity in this pair. As depicted in the chart, the price initially formed a bullish impulsive move, but it has since been undergoing a corrective descent for the past three days. Today, it appears that the price has cleared out liquidity from the low created yesterday and established a bullish engulfing candle. Additionally, the price is currently situated at a static support area and is backed by support from the 61.8% Fibonacci level. Given the price's current position at this significant level and considering the favorable risk-to-reward ratio, we are opting to open a position at this price. However, for a more conservative approach, you can choose to wait for the price to break above a short-term bearish trendline that has been constraining the price during this corrective descent.
Long
by mohemati
7
💡 USDJPY: Waiting for the opportunity to turn backFollowing three consecutive sessions of sharp decline, buying strength has resurfaced as the price nears the lower boundary of the ascending price channel. While the overall bullish pattern remains intact on the H4 and daily timeframes, it's worth noting the emergence of a bearish signal. A notably robust bearish pin bar has taken shape on the weekly chart, manifesting at levels not seen in decades. Consequently, there exists a potential for a price reversal in this resistance zone. Therefore, it might be advisable to consider selling opportunities once the recovery phase concludes.
Short
by Stone_Haven
Gold Prices Navigate Uncertainty Dollar Rates and GeopoliticsGold prices, represented as XAU/USD, started the new week on a weaker note, extending the decline that began on Friday from the $2,004 level, which marked a multi-day high. This initial rise was in response to softer jobs data from the United States (US). A slight increase in US Treasury bond yields helped alleviate some of the bearish pressure on the US Dollar (USD) and had an impact on the precious metal. Additionally, a generally positive tone in the equity markets pushed the safe-haven commodity below the $1,985 level during the Asian trading session. However, it's important to note that there are growing expectations that the Federal Reserve (Fed) will keep things unchanged in December and may not raise interest rates any further, which could limit the upside potential for the USD. This, in turn, might offer some support to gold, which is considered a non-yielding asset. Moreover, the ongoing risk of an escalation in the Israel-Hamas conflict is another factor that may prevent a significant decline in XAU/USD. Therefore, it might be wise to wait for strong sustained selling pressure before considering a substantial correction from the year-to-date peak reached on October 27. The US Dollar is making a modest recovery from a six-week low it hit on Friday, thanks to a decent increase in US Treasury bond yields. This, in turn, is contributing to the downward pressure on gold. However, the prevailing market sentiment is that the Federal Reserve won't raise rates again, especially given the softer US macroeconomic data released on Friday. For instance, the non-farm payroll (NFP) report showed that the US added 150,000 jobs in October, falling short of the estimated 180,000 and revised down from the originally reported 336,000 for the previous month. The US ISM Non-Manufacturing PMI also dropped to a five-month low of 51.8 in October, reinforcing expectations that the Fed will maintain its current stance at the December policy meeting. On the geopolitical front, there's ongoing tension in the Israel-Hamas conflict, with Israel rejecting calls for a ceasefire and intensifying military operations against Hamas in Gaza. This situation continues to influence the dynamics of gold prices. From a technical perspective, any further decline in gold prices may find support around the $1,980 level, followed by the previous week's high near $1,970. If there's a continued downward trend, the price of gold may face additional pressure, potentially dropping towards the $1,964 area, with the next significant support in the $1,954-1,953 range. Conversely, if gold prices rebound, the $2,000 mark could serve as an immediate resistance level, followed by the Friday swing high around $2,004, and the year-to-date peak near $2,009. If gold manages to break through this resistance, it could potentially head towards the $2,022 resistance zone.
TVC:GOLDLong
by sabellaFX
#GBPJPY buying opportunityHello, traders and friends. Let's analyze the GBPJPY 1-hour timeframe chart and explore a potential buying opportunity in this pair. Yesterday, the price successfully broke above a Daily bearish channel that had been pushing the price lower since August 21st. This impulsive breakout to the upside suggests the potential for the price to move higher, possibly reaching at least the high established yesterday. Another factor supporting our belief in a potential buying opportunity is the bearish corrective move that followed the breakout, indicating no strong overall bearish bias in the price for now. There are several bullish confluences that reinforce our bias, including: The bearish channel's upper line, now acting as support. A demand area on the 1-hour timeframe, coinciding with a static support zone. The price is currently above the 4-hour, 1-hour, and 30-minute 200EMA, all of which serve as critical support levels. The price is currently at the 38% Fibonacci level, and if it reaches the support line, the 50% Fibonacci level will also provide significant support. To consider a long position, we recommend waiting for the price to break the short-term bearish trendline to the upside or looking for candlestick confirmation around the supporting area. by the way If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Long
by mohemati
3
6% Surge For Apple Following Positive Earnings!Apple Inc. has managed to carve out a silver lining in its latest financial performance, with iPhone sales witnessing a 2.8% increase despite a general downturn in hardware sales. This growth stands in stark contrast to the significant declines in Mac and iPad sales, with Mac sales plummeting by nearly 34% over the year, highlighting the fierce competition and shifting consumer preferences in the tech industry. On the financial front, Apple's revenue dipped slightly to $89.50 billion, a 1% decrease. However, the company's net income tells a more positive story, surging by 11% to $22.96 billion. The Q4 earnings report brought more good news, with earnings per share reaching $1.46, comfortably beating the $1.31 estimate and fueling a 1% gap up in stock price at market open, followed by a 2% rise at close. Despite a tumultuous journey with a 16% drop from a July peak of $198, Apple's stock has rallied 36% over the year. The stock found support at the weekly 50 simple moving average in October and has since rebounded with a 4% rise in November, now 6% above the October low. Looking ahead, the stock faces a critical test at the $182 resistance level, which if breached, could set the stage for a new all-time high. If you enjoyed this post, make sure to like, and follow for more quality content! If you have any questions or comments, comment below. We reply to every comment! See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
NASDAQ:AAPLLong
by Sublime_Trading
💡 USDJPY : Waiting for recoveryThe Bank of Japan has expanded the scope for adjusting short-term interest rates and has increased its inflation target for fiscal year 2024 to 2.8%. This means Japan's inflation will exceed the 2% target for three consecutive years and is closer to achieving sustainable price stability. If the Bank of Japan (BOJ) wants to have a clearer view of wage increases next year before making a decision on adjusting negative interest rates, it may need to postpone this decision until April/ 2024 or even longer. Regarding developments in the foreign exchange market, we see USD/JPY falling sharply after the release of non-farm payroll data in the US and it is currently running below the 48-hour moving average on the H4 chart. However, it appears the price has found support near 149.00. If inflation in Japan fails to meet expectations, it is likely that the US dollar will continue to recover against the Japanese Yen.
Long
by Stone_Haven
You Can Buy NDX 100 - Even With The Limited Growth Potential.On the last video, i explained when to buy an index fund SP:SPX . You need to understand that index funds are connected to Bitcoin CME:BTC1! . -- This means you have a double opportunity to profit. It means you can buy either, BItcoin, Nasdaq 100, or Gold COMEX:GC1! . -- This market bounce is the most common market indicator among professional traders. Once you understand this indicator you will become a beast in trading. -- Trading the indexes is one of the most respected skills in trading and investing. If I could go back in time this is the one skill I would learn first. -- Keep going -- Disclaimer:Do not buy or sell anything I recommend to you do your own research before you trade. -- Rocket boost this content to learn more.
NASDAQ:NDXLong
by lubosi
💡 BTCUSD: Stick to 36000Rewrite the following paragraph a bit shorter: Bitcoin continues to grow during trading sessions. Currently the largest cryptocurrency is approaching the price range of 36,000 USD. According to observers, Bitcoin price has recently had impressive growth because there are many rumors about the birth of a Bitcoin spot exchange-traded fund (ETF). Accordingly, it is expected that this fund will attract more inflows, allowing more investors to buy Bitcoin without directly transacting. Bernstein analysts predict Bitcoin's value will increase significantly, potentially reaching $150,000 by mid-2025 from its current price of $35,000. This bullish prediction surpasses Bitcoin's all-time high of $67,000 and hinges on the possibility of approval of a Bitcoin exchange-traded fund (ETF) by the Securities and Exchange Commission (SEC) in the first quarter of 2024.
BITSTAMP:BTCUSDLong
by Stone_Haven
💡 BTCUSD: Restore to 35000 markThe latest data from Coindesk reveals that Bitcoin is currently trading at $34,714.75 per BTC, marking a 0.82% increase in the past 24 hours. The cryptocurrency with the largest market capitalization has seen a significant drop, now standing at $26.82 billion, down 30.46% compared to November 3rd. Bitcoin's market capitalization stands at an impressive $687.71 billion, representing 51.65% of the total cryptocurrency market capitalization. As of 12:50 PM, the total market capitalization is recorded at $1,342.19 billion, showing an increase of approximately $14 billion in the past 24 hours. However, the 24-hour trading volume in the market has decreased by 8.03% compared to November 3rd, reaching $32.47 billion. It's worth noting that several other cryptocurrencies have also shown positive trends in the last 24 hours. For instance, Ethereum (ETH) has surged by 1.87%, currently trading at $1,827.85 per ETH. Popular cryptocurrencies like Dogecoin (DOGE) and Ripple (XRP) have also demonstrated signs of recovery.
BINANCE:BTCUSDLong
by Stone_Haven
💡GOLDOZ: Anxiously waiting for NonfarmThe positive sentiment in the stock market is a significant obstacle for gold prices. Conversely, declining US Treasury yields, a weakening US dollar, and the expectation that the Federal Reserve will not raise interest rates further could support an increase in gold prices. Furthermore, the ongoing conflict between Israel and Hamas and global economic conditions are factors that favor a bullish outlook for safe-haven gold. Gold appears poised to continue its recent recovery and gain momentum on Thursday. Additionally, the MACD histogram and double line on the H4 chart seem to be forming a double bottom. Although higher interest rates can negatively impact gold due to increased opportunity costs, some investors may still choose to hold gold as a hedge against uncertainty.
TVC:GOLD
by Stone_Haven
💡 XAUUSD: The downward trend is slight but not clearThe fluctuation range of gold prices remains considerable, and there hasn't been any substantial price movement since the conclusion of the last trading session. As of now, gold continues to be traded within the range of 1980 to 1990. Upon closer examination of the daily charts, a discernible spinning top pattern has formed, which follows the signals from previous market behavior. This pattern suggests that the sellers may not have a strong grip on the market, and as an investor, it may be prudent to maintain a cautious stance, observing the critical 1970 support area. Should this level be breached, it might present an opportunity for sellers to consider entering new orders.
OANDA:XAUUSDShort
by Stone_Haven
💡 EURUSD: The buyers are dominatingOnce the sellers retested the 1.07 region, the bearish momentum lost its strength and failed to push the price beneath the support zone at 1.05. The prominent long lower shadow observed in the latest session indicates a robust upward pressure on prices, hinting at the resilience of the 1.05 level against a potential breach. Our current approach remains focused on purchasing based on prior reversal signals. For those already holding positions, it is advisable to maintain them. We will only consider abandoning this strategy if the price falls below the range of 1.0530 to 1.0510, which serves as the target for traders. The buy position is still centered around 1.0540.
Long
by Stone_Haven
Gold Price Stays Below 2000 Amid Dollar Rate Hike UncertaintyGold price experienced significant volatility on Wednesday as they initially moved closer to the $2,000 threshold ahead of the Federal Reserve's policy announcements. This surge was accompanied by the US Dollar's hesitant recovery, coupled with subdued US Treasury bond yields and a mixed market sentiment. However, there was a reversal in gold prices as they briefly dipped to around $1,970 immediately following the Fed's widely anticipated decision to keep the key policy rate within the existing range of 5.25%-5.50%. The pivotal moment came during Fed Chair Jerome Powell's press conference and his responses to questions. Powell's comments had a substantial impact, causing a sharp decline in the US Dollar and US Treasury bond yields and triggering a strong recovery in the price of gold. While Powell did not entirely rule out the possibility of another interest rate hike, the markets interpreted his words as less hawkish than expected. He acknowledged factors like tighter financial conditions, a robust job market, a resilient economy, and elevated inflation levels. The drop in US Treasury bond yields was also influenced by a quarterly Treasury announcement, indicating a slowdown in the expansion of its longer-dated auctions. The increase in 10-year Treasury bond auctions was $2 billion, falling short of the market's $3 billion expectations. This led to a decline of over 20 basis points (bps) in the benchmark 10-year Treasury bond yield, which reached its lowest point in over two weeks at 4.7089%. Furthermore, the US Dollar faced headwinds due to mixed economic data. The US ADP private sector payrolls for October showed an increase of 113,000, below the estimated 130,000. The US ISM Manufacturing Purchasing Managers' Index (PMI) for October dropped to 46.7, falling short of the expected 49.0. Additionally, the Job Openings and Labor Turnover Summary (JOLTS) report revealed that the number of job openings on the last business day of September slightly rose to 9.55 million, up from a revised 9.50 million in August and surpassing the forecast of 9.25 million. As for Thursday's trading, the price of gold is building upon its previous recovery. Investors are carefully considering the future path of interest rates set by the Federal Reserve, with expectations for rate hikes in December and January being scaled back. Some market participants are even beginning to price in the possibility of Fed rate cuts as early as June next year. The ongoing global stock market rally led by the Fed's policies is expected to continue weighing on the safe-haven US Dollar. This trend persists as traders shift their focus away from events such as the Hamas-Israel conflict in anticipation of Friday's release of US Nonfarm Payrolls data. In addition to these factors, gold traders are also keeping a close eye on the monetary policy decision of the Bank of England (BoE), scheduled for later in the day. The key interest rate is expected to remain unchanged at 5.25% for the second consecutive meeting. A dovish stance from the BoE is likely to boost stocks further while exerting downward pressure on the Pound Sterling, which, in turn, could alleviate some of the stress on the US Dollar. Nevertheless, the price of gold continues to hold upside potential, supported by its daily technical setup.
OANDA:XAUUSDShort
by sabellaFX
1