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XAU/USD : First SHORT,then LONG! But...! (READ THE CAPTION)On the one-hour gold chart, we can see that yesterday, the price corrected from the $2943 level down to $2918 before encountering strong demand. This led to a bullish move, with gold reaching a new high of $2955 today. Before targeting the next resistance zone at $2966 - $2969, a slight pullback is likely. This analysis will be updated accordingly. Enjoy the ride, folks! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FX_IDC:XAUUSDShort
by ArmanShabanTrading
11
Are you ready to get trapped? Or trap the trappers in $TRUMP?Well ive posted two such instances where I mentioned you the parabolic turn will pull it up. THis could be a dead cat bounce again where you can plan things out, MOST IMP is if the FVG LINE holds, then itself place a buy, because if it holds, market would erraticly move up shortly, So red box is what you wish to hold and IF IT DOES, you get a good call. Still good for shorts till 15.44. Another block is needed for reverse order to take in place!
Long
by MastaCrypta
30
Will We See the Euro Trading Below Par?CME: Micro EUR/USD Futures ( CME_MINI:M6E1! ) #Microfutures Since the US election last November, the Euro currency has lost ground against the US dollar, with the EUR/USD exchange rate sliding from 1.08 to as low as 1.02. A combination of new policies from the Trump administration aims to strengthen the dollar. Recent efforts to end the geopolitical crisis will not support the euro. On the contrary, they could push the European common currency below the critical 1-dollar level. Quick Review of the EUR/USD Price Trend The euro has swung widely against central bank policies and geopolitical events: • 2020: The Fed implemented massive stimulus measures in response to the pandemic. Lowering interest rates and increasing money supply reduced the value of the USD • 2021: The faster vaccine rollout and quicker reopening of the US economy boosted economic growth and investor sentiment towards the USD • 2022: (1) The Fed raised interest rates to combat inflation, making the USD more attractive to investors compared to the Euro. (2) Europe faced an energy crisis due to its dependence on Russian gas. This crisis led to economic uncertainty and weakened the euro. (3) Ongoing geopolitical tensions created economic instability in Europe, further weakening the euro against the USD • Q4 2022 and 2023: European Central Bank abandoned its long-held zero-rate policy in September 2022. It raised rates eight times to 4.00%. These actions narrowed the interest rate differentials between the US and Europe, and helped the euro rebound • 2024: The EUR/USD moved mainly sideways in the range of 1.06 and 1.12. Fed easing and rebounds of US inflation contributed to the mild volatility. • Q4 2024 to Current. Dollar ascended quickly after the election win of Donald Trump. Investors expect strong dollar with the support of the new America First policies Ukraine Peace Talks and Possible Outcomes On February 12th, Presidents Trump and Putin agreed to immediately start negotiations to end the ongoing conflict in Ukraine. On February 18th, US and Russian officials held peace talks in Saudi Arabia. The two sides agreed to create a high-level team to lead the Ukraine peace talks. Neither Ukraine nor the EU participated in the meeting. How the peace talks would progress remain highly uncertain. Using Game Theory, we could break them down into two mutually exclusive and collectively inclusive outcomes: • Peace: US, Russia, Ukraine and the EU sign a peace agreement to end the conflict and ensure long-lasting peace. Whether it will be a fair treaty is a hotly debated topic. • No-Peace: Peace talks break down. The 3-year-long conflict continues. This could last for years but eventually will lead to a win/loss outcome or a draw. From an investing perspective, “No-Peace” is equivalent to “Risk On”. It may imply higher gold prices, higher energy costs and lower equity value. Meanwhile, “Peace” means “Risk Off”. We may see declining gold, lower oil and gas, and rising stock prices. However, it would be difficult to pick the price direction if we can’t predict the outcome. Peace or No Peace – A Steep Cost for Europe For better or worse, the recent events are a wakeup call to European countries. The US had defense spending totaling $967 billion in 2024, which is 3.49% of its GDP. For a comparison, the total defense spending for EU member states reached $358 billion in 2024. This represents around 1.9% of the EU's GDP • The US accounted for 73% of the defense spending in the 32 countries in NATO • Since 2022, the US contributed to 2/3 of all the financial aids sending to Ukraine The US administration intends to cut its financial support. Europe will have to increase defense spending dramatically. In a worst case, a complete breakdown in Cross-Atlantic relations could see the US exiting NATO and all US troops withdrawing from Europe. How much is the spending gap? In 2024, Russia had defense budget of $462 billion, or 6.7% of its GDP. Ukraine had defense budget of $40 billion, or 22% of its GDP. • EU plus Ukraine spent $64 billion less than Russia in defense budget. In my opinion, in a Peace scenario and with reduced US involvement, the EU defense budget must surpass that of Russia to ensure Ukraine to stay on top. I find this to be 2.5% of GDP. This means a 32% increase or $471 billion in total defense spending. For No-Peace, the EU will be fighting an active war. NATO will need to maintain a standing army of 1 million troops and rebuild an entire defense industry. In this scenario, I feel that the defense budget needs to double 5% of GDP. budget to raise a large army and rebuild an entire defense industry. This means a 163% increase or $942 billion in total defense spending. If the above numbers sound outrageous, Israel, a country constantly fighting for its survival, will serve as a good refence point. In 2024, Israel's defense spending amounted to 117.5 billion Israeli shekels (around $32.5 billion USD), which is 6.7% of its GDP. The EU has an estimated GDP growth at 0.9% in 2024 and a forecast growth of 1.5% in 2025. The defense budget increase will cause mandatory cuts in non-defense spending. The combined effect will be negative, pushing GDP growth into a negative territory. In my opinion, re-arming Europe is critical to its survival. However, defense buildup comes at a steep cost. The expectations of lower GDP growth will push the value of Euro currency lower, likely below the 1-dollar critical level. Commitment of Traders shows diminishing bullish sentiment The CFTC Commitments of Traders report shows that on February 11th, total Open Interest (OI) for CME Euro FX Futures is 622,873 contracts. “Asset Manager” (i.e., hedge funds) own 338,182 in Long, 177,937 in Short and 35,597 in Spreading. • While they maintain a long-short ratio of 1.9:1, hedge funds have reduced long positions by 1,014 while increasing short positions by 2,249. • This indicates that “Smart Money” is becoming less bullish on the Euro. Trade Setup with Micro Euro/USD Futures If a trader shares a similar view, he could express his opinion by shorting the CME Micro Euro/USD Futures ($M6E). M6E contracts have a notional value of 12,500 euro. With February 19th settlement price of 1.0435, each March contract (M6EH5) has a notional value of $13,044. Buying or selling one contract requires an initial margin of $260. Hypothetically, a trader shorts March M6E contract and the euro drops to $0.99. A short futures position would gain $668.75 (= (1.0435 – 0.99) x $12500). Using the initial margin as a cost base, a theoretical return would be +257% (= 668.75 / 260). The risk of shorting euro futures is rising euro. Investors could lose part of or all their initial margin. A trader could set a stop loss while establishing his short position. In the above example, the trader could set a stop-loss at 1.06 when entering the short order at 1.0435. If euro rebounds, the maximum loss would be $206.25 ( = (1.06 – 1.0435) *12500). To learn more about all the Micro futures and options contracts traded on CME Group platform, you can check out the following site: www.cmegroup.com The Leap trading competition, #TheFuturesLeap, sponsored by CME Group, is currently running at TradingView. I encourage you to join The Leap to sharpen your trading skills and put your trading strategies at test, competing with your peers in this paper trading challenge sponsored by CME Group. www.tradingview.com Happy Trading. Disclaimers *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME_MINI:M6E1!Short
by JimHuangChicago
$PLTR WILL RETEST $112-115 PIVOT POINTAn overreaction in financial markets occurs when securities are excessively overbought or oversold, driven more by psychological factors than by underlying fundamentals. The last two-day dip was excessively sold off. BUY NASDAQ:PLTR NOW TO GET THE DEAD CAT BOUNCE OR RESTEST OF $112-115. From there, let's see if the market pushes NASDAQ:PLTR to $120 or higher. Investing in Palantir Technologies Inc. ( NASDAQ:PLTR ) could be appealing for several reasons: Strong Growth Potential: Analysts expect Palantir to experience significant business volume growth in the coming years, with high growth rates anticipated. High Profit Margins: The company has particularly high margins before interest, taxes, depreciation, and amortization, contributing to strong profitability. Financial Stability: Palantir has a sound financial situation, providing it with significant leeway for investment and expansion. Positive Analyst Revisions: Over the past year, analysts have regularly revised their sales and earnings forecasts upwards, reflecting renewed optimism about the company's future performance
NASDAQ:PLTRLong
by sej4974
Gold NEW ATH to $2,954?! (1H UPDATE)Gold on the 4H TF is within its final Wave 5 bullish move, there’s no arguing with that. The only thing to debate is how high can Wave 5 push up before reversing? While it’s possible that Wave 5 has now peaked at $2,942 & ready for a major correction, on the 1H TF I see a small possibly of it creating a new ATH toward $2,954. HIGH RISK TRADE. Confluences👇🏻 ⭕️Distribution Schematic Taking Place Between Wave 3 High, Wave 4 Low & Wave 5 High. ⭕️Wave E Rejected From Psychological Number Of $2,940 (LQ Trap). ⭕️No Strong Sell Off Yet To Indicate A Reversal Has Started.
SAXO:XAUUSDLong
by BA_Investments
XAUUSD - Gold, no competitors!Gold is located in a 2 -hour timeframe, above EMA200 and EMA50 and is on its uptrend channel. Gold reform to the demand range will provide us with a good risk position for us. According to Tom Stevenson from Fidelity International, gold remains resilient despite challenges such as high interest rates and a strong dollar, continuing its march towards the $3,000 mark. However, while these fundamental factors persist, he believes that silver could be a more attractive investment option in the future. Stevenson notes that gold prices have increased tenfold since 2000 and have surged by over $1,000 since late 2023. Yet, he argues that fundamentally, gold should not be this expensive. He explains: “Historically, precious metals tend to underperform when interest rates rise. This is because, unlike bonds, stocks, cash, or real estate, gold does not generate income for investors. When other assets offer appealing returns, there is less incentive to hold onto what economist John Maynard Keynes once referred to as the ‘barbarous relic.’ This situation remains true today, yet gold continues to set new record highs.” Stevenson also believes that gold should benefit from a weaker dollar. He states: “Since gold is priced in U.S. dollars, when other currencies strengthen against the dollar, their purchasing power for gold increases.Conversely, when the dollar strengthens, global demand for gold should decline. However, despite Trump’s policies reinforcing the dollar, gold remains on an upward trajectory.” He concludes that this signals something important to the market: “Gold’s performance suggests that not everything is as stable in the world as some may think. It indicates investor concerns, and history has shown that ignoring gold’s signals during times of uncertainty is a mistake.” Stevenson further emphasizes that central banks around the world are taking steps to hedge against risks. Since the onset of the Ukraine war and subsequent sanctions, countries like Russia, China, India, and Turkey have increased their gold purchases in an effort to reduce their dependence on the U.S. dollar. He points out that gold has long been recognized as a valuable store of wealth and a diversification tool, as it carries no credit risk unlike paper currencies. According to him, central bank gold purchases in 2024 have surpassed 1,000 tons for the third consecutive year. Meanwhile, Elon Musk, the world’s richest man and head of the Department of Government Efficiency (D.O.G.E), has shared memes resurfacing old conspiracy theories regarding the status of the U.S. government’s gold reserves at Fort Knox. In response, a prominent politician seized this rare opportunity to call for greater transparency. Senator Rand Paul, a Republican representative from Kentucky, replied to one of Musk’s posts advocating for an annual audit of Fort Knox, writing, “Let’s do it.” So far, no evidence has surfaced to support Musk’s theory of missing gold, but the status of these reserves remains highly classified.
FOREXCOM:XAUUSDLong
by Ali_PSND
Gold reacts to unserious peace talksThe United States and Russia recently held peace talks in Saudi Arabia without Ukraine’s participation. Russian officials did not mention offering any concessions and U.S. officials did not claim to have scored any in Tuesday's meeting. Adding to the unseriousness of the talks, Donald Trump called Zelensky a “dictator,” and suggested that Ukraine is responsible for the war, echoing obvious Russian talking points. Gold rose above $2,930 per ounce on Wednesday, just shy of last week’s record high of $2,940. Technical indicators remain in extreme overbought territory, although extreme geopolitical uncertainty may call for extreme readings for longer. In the near term, the pullback appears corrective, with XAU/USD still holding above all key moving averages on the 4-hour chart.
BLACKBULL:XAUUSD
by BlackBull_Markets
Buy the Dip: TEM is a Resilient AI Healthcare Pick for 2025Tempus AI NASDAQ:TEM is presenting a compelling investment opportunity as we move into 2025. This health tech company, focused on leveraging AI for precision medicine, has weathered a recent downturn and is showing strong signs of recovery. After a 4 week correction that presented a chance to buy at a discount, TEM has finally shown the ability to rally. This recovery makes it a particularly interesting prospect for several reasons: 1. AI's Continued Rise: The field of artificial intelligence is advancing at breakneck speed, and Tempus is at the forefront of applying these advancements to healthcare. Their work in areas like genomic sequencing and data analysis for personalized treatment plans positions them exceptionally well to capitalize on this megatrend. 2. Weathering the Political Storm: Tempus's core business is less vulnerable to possible tariffs that may be introduced by incoming President Trump. Healthcare, particularly innovative approaches to disease treatment, remains a critical sector regardless of the political landscape. Furthermore, Tempus' customers being mostly internal U.S. customers provides further resilience in the face of possible tariffs. 3. Technical Rebound: As the attached chart illustrates, TEM is in the midst of a technical bounce back. The recent price action suggests that the sell-off may be overdone, and the stock is finding support at current levels. The upward sloping support and resistance lines indicate a potential 40-80% gain if TEM can continue to show resilience in the face of selling pressure. The stock currently trades below it's 20 day EMA, but the recent rally shows that it could potentially find support along this average before continuing to trend upwards. In Conclusion: Tempus AI offers a unique combination of growth potential in a rapidly expanding sector, resilience to potential political headwinds, and a technically attractive entry point. While all investments carry risk, TEM's current profile suggests it's a stock worth serious consideration for gaining exposure to the intersection of AI and healthcare in 2025, especially at these highly discounted prices. Disclaimer: This is not financial advice. Conduct your own research before making any investment decisions. Remember, Patience is Paramount.
NASDAQ:TEMLong
by PatienceIsParamount
EURUSD - PoVThe EUR/USD exchange rate is influenced by several economic and political factors, suggesting that the euro may continue to weaken in the coming weeks. On one side, the United States is implementing expansive fiscal policies that could strengthen the dollar, such as economic stimulus and increased public spending. These factors, along with potential protectionist measures like tariffs on Europe, could further weaken the euro by reducing the competitiveness of European exports. Additionally, the **Federal Reserve's** monetary policy, which has raised interest rates to combat inflation, makes the dollar more attractive to investors, increasing demand for the U.S. currency. The United States' energy independence, due to increased domestic production of gas and oil, has also reduced its reliance on imports, which further strengthens the dollar compared to the euro. On the other hand, the Eurozone is facing a series of economic and political challenges that are putting pressure on the single currency. High inflation is eroding purchasing power across the Eurozone, and despite the European Central Bank (ECB) raising interest rates to combat it, economic growth remains slow. This divergence from the United States, where growth has been more dynamic, amplifies the euro's weakness. Moreover, the ongoing energy crisis in Europe, worsened by the war in Ukraine and reduced gas supplies from Russia, has increased costs and slowed the competitiveness of European businesses. In this context, political uncertainties in some Eurozone countries and the ECB’s less aggressive economic management compared to the Fed further contribute to the euro's weakness. Therefore, the strengthening of the dollar, driven by U.S. policies and growing energy independence, and the structural weakness of the Eurozone, are likely to continue pushing the EUR/USD lower in the coming weeks.
by Generazione_X
OFFICIAL TRUMP: Timing (New Bullish Wave Now, Get Ready!)How are you doing my friend in the law? I hope you are having a wonderful day. If you are reading this, it is very likely that you are. If you aren't having a wonderful time right now you will soon because TRUMPUSDT is about to go up. A new bullish move. Ok, here is what I see: The initial bullish breakout is in. After this move there is always a retrace and this retrace must end in a higher low. Why? Because that is the only way for a bullish wave to be a real bullish move. If we get a lower low, this means that the market is still bearish and prices are going down rather than up. Since we know that the market is bullish and Bitcoin is super strong, and ready to move ahead, we know that TRUMPUSDT is ready to follow and grow as well. Or, let's just say that some unexpected news event will show up tomorrow and this will be the excuse that will be used to say that this pair is going up. That's good, I agree. News or no news, the higher low is in and this means that a higher high comes next. Volume has been dropping and volume has been really low. Prices move down and volume goes down. When prices moved up trading volume was really strong. This is the confirmation that the bias is bullish. This is the confirmation that TRUMPUSDT is going up. Do you trust in omens? Do you follow the omens? Today I had a positive omen and this is the way I am translating it to the charts. Timing is of the essence, it is time to get paid. Two main ways to approach this pair in a successful way: 1) Spot trades. Buy and hold. Buy as much as you can. Buy, buy, buy, buy, buy then wait. That's it. We are set for long-term growth so it doesn't matter what you do as long as you buy when prices are low. 2) Leveraged traders. You just need to make sure that your position remains active. You can have high leverage but not high enough to go into liquidation risk. As long as you are in and safe, you win because a bullish wave is approaching TRUMPUSDT. That's it. Let's win. This is great entry timing, I believe. Last time we did good and it is time to do it again. What will it be? We are going up. Thanks a lot for your continued support. Thank you for reading. Namaste.
Long
by MasterAnanda
7
TESLA ($TSLA) "Long" -$600-Tesla (TSLA) on the 4-hour chart. First thing to mention: Weekly Close in 2days about might print a 2nd Doji. Key Support and Resistance Levels : The price is currently testing a crucial support level around $350. Orange Block, 15min unfilled gap. If we take it out and don't lose Cyan trendline I might even add to the trade. Dotted Cyan lines, 4h resistances Price might go to $470 or even new high then do retracement to stop out late Longs. At $620, Projection of past price. I'll be 90% out before this. If the price breaks above the cyan trend line and holds above $385 it could signal a bullish reversal. Conversely, if the price fails to hold above these levels and drops below $350, it may continue its downward trend. Keep an eye on volume during any breakout attempts. Higher volume can confirm the strength of the move. Monitor key psychological levels like $400 and $500 for further confirmation.
NASDAQ:TSLALong
by Achilly
XAU/USD : Time for BUY? Let's see! (READ THE CAPTION)By analyzing the 1-hour gold chart, we can see that, as expected, gold broke above the $2,902.5 resistance yesterday and continued its bullish movement, successfully hitting the next targets at $2,914 and $2,919! I hope you made the most of this analysis! 🚀 The next potential move depends on whether gold stabilizes above $2,914. If it does, we could see further growth toward $2,922 and $2,928 as the next upside targets. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FX_IDC:XAUUSDLong
by ArmanShabanTrading
14
$TSLA poised for an EASY rise to $400 and beyond.BUY NASDAQ:TSLA NOW A falling wedge is a chart pattern suggesting a probable rise in a stock's price. This bullish pattern emerges during a downtrend, as the price range tightens and the trend lines converge. RSI: 35.02 as of 02/10/2025 NASDAQ:TSLA 's price began 2025 at $403.84. As of today, it stands at $350.73, reflecting a -13% decrease since the start of the year. By the end of 2025, it's projected to reach $692 , a year-to-year increase of +71%. This marks a +97% rise from today’s price. Mid-2025 predictions place Tesla at $477 . In the first half of 2026, the price is expected to climb to $805, and by year-end, add another $163 to close at $968, which is +176% from the current price. -Month Low $350.51 Low $350.51 Pivot Point 1st Support Point $346.59 Pivot Point 2nd Support Point $342.46 Price 1 Standard Deviation Support $334.84 Pivot Point 3rd Support Point $334.40 Thank you
NASDAQ:TSLALong
by sej4974
OFFICIAL TRUMP 6X Lev. Trade Setup (2,142% Potential)Hello my friend, thank you for reading. Your support is appreciated. Below I am sharing the full trade-numbers for my TRUMPUSDT leveraged trade. This is for experienced traders only. Use these numbers at your own risk. You are responsible for all your wins, gains and profits. I cannot be responsible if you make any money. It is your decision to either trade or not to trade. To read or not to read, to follow or not to follow. To eat or not to eat. To breathe or not to breathe. If you do good. That is up to you. If you lose any money, that is also your responsibility. I am sharing these numbers for learning and entertainment purposes only. It should be construed as financial advice. Leveraged trading is high risk and for adults only. Adults are responsible for their own actions. I am wishing you luck, wealth, health and success. ___ LONG TRUMPUSDT Leverage: 6X Entry levels: 1) $17.1 2) $15.2 3) $14.3 Targets: 1) $18.4 2) $20.2 3) $22.2 4) $24.1 5) $26.0 6) $28.8 7) $32.3 8) $36.1 9) $38.5 10) $42.3 11) $48.6 12) $53.6 13) $58.6 14) $64.3 15) $74.9 Stop-loss: Close weekly below $15 Potential profits: 2,142% ____ If you enjoy the content, feel free to follow. Thank you for reading. Namaste.
Long
by MasterAnanda
3
BTC (BTC/USDT) 4H Chart: Bullish Momentum BuildingThe 4-hour Bitcoin chart is showing clear signs of bullish continuation. Price action is forming a series of higher lows, supported by an increase in volume, signaling strong buying interest. The RSI is trending upward but remains below overbought levels, leaving room for further upside. Support remains well-defined, providing a solid foundation for this setup and a favorable risk-to-reward ratio. Traders should watch for a clean retest of the breakout zone or a confirmation candle for potential entry. Overall, market structure, volume dynamics, and momentum indicators are aligning for a possible bullish continuation on the 4-hour timeframe.
Long
by Crypt0K3VIN
Ethereum (ETH/USD) Long Setup on 1D – Bullish Breakout Ahead Ethereum (ETH) stands at a crucial crossroads on the 1-day chart. After weeks of consolidation, the battle between bulls and bears intensifies. Yesterday’s candle closed above the critical $2,800 resistance—a level the market has respected for weeks. This isn’t just a line on a chart; it’s a signal that the tides may be turning. Markets reward those who act with insight, not impulse. Is this the moment Ethereum reclaims its momentum? do you trust the breakout or expect a fake-out? Let’s discuss below! 👇
BITSTAMP:ETHUSDLong
by Crypt0K3VIN
XAUUSD - Consolidation, what’s next?Here is our in-depth detailed view on XAUUSD . Potential opportunities and what to look out for. This is a detailed overview on the pair sharing possible entries and important Key Levels. Alright first, taking a look at XAUUSD from a lower time-frame . For this we will be looking at the m15 time-frame . As of right now, we are consolidating on OANDA:XAUUSD The best “signal” for now is to sit on our hands and wait for a clear break. Right now we are in a range from around 2905.6 and 2896 . Until we get a clear break , we can’t know the direction of the pair just yet. So, breaking down everything and understanding the importance of Key Levels we have several outcomes possibly in play. Scenario 1: BUYS at the break to the upside (from the consolidation area) - We broke above our consolidation area. With the break to the upside, we can expect to see 2915 or a deeper revisit of 2920. At this point we would have to see if we make any pullbacks, possibly revisiting the top of the consolidation area (now becoming our support). Scenario 2: SELLS at the break to the downside (from the consolidation area) - We broke below our consolidation area. With the break to the downside, we can expect to see lower levels such as 2880. At this point we would have to see if we make any pullbacks and continue chugging away to the downside. With the breaks of current lows we have on gold, we can expect drops even down to 2840. KEY NOTES - XAUUSD is consolidating. - Breaks to the upside would confirm buys. - Breaks to the downside would confirm sells. - Possible deeper digs to the upside from 2915. Happy trading! FxPocket
OANDA:XAUUSD
by FxPocket
1
Nothing !!!This is the result of trusting certain politicians !! Be mindful of your investments, as politics shows no mercy to anyone. Following the crowd isn't always the right move! It might seem bold, but if you take a look at the market, you'll see that even professional analysts have made mistakes multiple times. Still, when the big names on Wall Street say something, everyone listens because it's much easier to rely on an expert's words than to think and make decisions on your own. If you want to rely solely on yourself, well, your success is yours, but if you fail, you can't blame anyone but yourself. People naturally like to follow others, often without even realizing it. That's why many traders use mechanical trading systems to take decision-making out of their own hands and avoid hesitation. If you like support me...
Short
by CobraVanguard
1
NothingThis is the result of trusting certain politicians !! Following the crowd isn't always the right move! It might seem bold, but if you take a look at the market, you'll see that even professional analysts have made mistakes multiple times. Still, when the big names on Wall Street say something, everyone listens because it's much easier to rely on an expert's words than to think and make decisions on your own. If you want to rely solely on yourself, well, your success is yours, but if you fail, you can't blame anyone but yourself. People naturally like to follow others, often without even realizing it. That's why many traders use mechanical trading systems to take decision-making out of their own hands and avoid hesitation. If you like support me...
Long
by CobraVanguard
Gold Rallies Above $2,900 Again, Will it Hold? Gold has retested the record high of 2,940 twice, raising concerns about a potential double or triple-top formation, as the RSI hovers near overbought levels last seen in November 2024—after which Gold retreated nearly 100 points. However, the latest price action still indicates strength to the upside, driven by haven demand amid unresolved negotiations concerning the Russia Ukraine war. Ahead of the talks, the EU reaffirmed support for Ukraine, while Ukraine rejected any agreement made on its behalf, as discussions shifted exclusively between the US and Russia. Possible scenarios: 🔹 Bullish Scenario: A close above 2,940 could extend gains toward $3,000 and $3,050. 🔹 Bearish Scenario: If the 2,940 resistance holds, Gold could retrace to support levels at 2,860, 2,790, and 2,720, respectively - Razan Hilal, CMT
FOREXCOM:XAUUSD
by FOREXcom