Wave Analysis
GOLD Analysis | Intraday Chart ForecastGold prices rise in early European trade after sliding in the previous session, with investors awaiting U.S. payrolls data for more insights on the Federal Reserve's next policy move. Futures trade 0.5% higher at $2,764.00 a troy ounce following a 2% fall on profit-taking and increasing bets that the U.S. central bank will take a more cautious approach to rate cuts in the months ahead. "The fact that the core PCE rose the most on a monthly basis since April--along with strong spending and robust growth data released earlier this week--trimmed the Fed cut bets," Swissquote Bank's Ipek Ozkardeskaya says in a note. Still, prices continue to be supported by strong demand for safe-haven assets due to heightened geopolitical risks in the Middle East and uncertainty around the U.S. election.
🔴 TECHNICAL ANALYSIS
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That said, Gold failed the bullish impulsive structure triggering a bearish leg that pushed the price directly to the potential support area around 2732. If Gold manages to hold this area (already touched once), we do not exclude an irregular wave B, with a potential new Top in wave 5. If our impulsive structure had not failed, above the 2,800 area it would have been interesting to try to sell Gold (see chart/analysis below). That said, let's take one step at a time, and therefore our focus will be on the support area, for now.
📊 POTENTIAL SELL TRADE
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Thanks for watching & support.
XAUUSD_1Dhello
Mid-term and long-term gold analysis
Elliott wave analysis style
The trend continues to rise and the trader only takes a buying position.
The support of 2715 and even 2666 dollars is possible, and in any case, we are buying only in steps, and the market can move towards the range of 2868 dollars as wave 3.
And again, we are buying every low towards $2666 for the final target towards the number of $3000.
Retest of the $200 level on the table.The bull market of generations is ending. The never ending buying of the the top 10 stocks for every fund, pension, and mutual fund has seen its best days and now the a new generation who grows up in a bear market will come of age. When it is all said and done, MSFT will be back near $50. Of course, most will not comprehend what is coming, but history proves humans have never been capable of seeming the train coming.
Btc otw for new highBitcoin Hits My Buy Zone
BTC has reached my buy zone, located between the 0.382 and 1.618 Fibonacci levels from wave A. My targeted buy range was $70,800 - $70,150. Now, I expect it to gradually start moving upward. I have three targets for this move:
TP 1: $74,100
TP 2: $74,500
TP 3: $75,000
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital.
Ready to launch, don't miss MONGThe heavy accumulations in the last month by the big whales of the market show the explosive movement of this meme, don't neglect buying and holding, it behaves like Turbo.
XAGUSDPair : XAGUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Demand Zone
Bearish Channel as an Corrective Pattern in Short Time Frame
Fibonacci Level - 50.00%
Break of Structure
Ripple XRP price may please holdersThe #XRPUSDT price is walking on a knife's edge)
It does not walk - it crawls))
But it happens that from time to time #XRP holders "go crazy" and try to push the #XRPUSD price up
Looking at the #Ripple price chart, we can assume that the attempt to pump may be repeated in the coming weeks/months.
What do you think, will it happen as it's drawn or not?)
Update #3 Full tp with r:r 1:7 before, then go reversal because the news at forexfactory on 7.30 pm make reversal..
Then entry when break my red line ema, go long with same r:r like before 1:7, and if arrived at 1:7 that very perfect line with top candle that high resistance at 73.600 bitcoin..
i think enough for now, will update soon.
UNSTAOPABLE FALL OF GOLD (NFP BEAR BIAS)The Gold Market experience a drop to the downside with investors taking out some profits yesterday. Now following up with fundamentals like Unemployment claims for the month of October, we looking forward to an increase in employment rate and decrease to unemployment rates therefore, the earnings for October should be higher as the big techs recorded huge gains.
Technical Factors remains bullish for the longer term, only a marginal drop not extending below 2700 then a push to the upside for the Christmas season.
NFP SIGNALS IN ANTICIPATION
Selling Gold with my Team and hold to the 2700 levels before we look for more buys to 2800 and 3000 respectively
$SEIUSDT ready for flybased on waves I will guaranty you it will rise 75%. i would not miss this great setup.Entry and exit prices are on the chart.
If you agree, pls hit the support.
thanks
USDJPY today The USDJPY chart shows a clear downtrend after breaking out of the highlighted price consolidation zone. The pair initially held within a tight range (indicated by the shaded box), but a decisive bearish breakout occurred, signaling a shift in momentum favoring the sellers. The price is now trading below both the 34 and 89 EMAs, reinforcing the bearish sentiment.
Key levels to watch include the immediate support around 151.454, which aligns with previous lows. The chart suggests further downside potential if this support level fails to hold. The projected arrows indicate potential retracement levels where price may attempt a short-term recovery before resuming the downtrend.
USOIL- Sell!USOIL price is near the resistance zone 71.48-71.92. If the price cannot break through the 71.92 level, it is expected that in the short term, there is a chance that the price will drop. Consider selling in the red zone.Consider selling in the yellow zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
OIL_CRUDE / LONG I think this move down is just a correction to cover the imbalance that has formed, after which the bullish momentum will continue up. We have a good buy option with medium risk level.
XAUUSDIf the analysis aligns with the market's actual direction, and the currency pair moves in the anticipated direction (up for a buy trade or down for a sell trade), the trade will likely yield a profit. The magnitude of the profit will depend on the size of the price movement, position size, and leverage used.
3 Entry Condition For Gold Waiting For NFP NewsBased on last night Gold heavy drop, I was looking at 3 entry possibility for Gold. From the current price, I am expecting to sell for lower low. Then I am expecting Buy until previous day Low - if you open D1 chart, you can see Bearish Engulfing, engulfed zone as possible supply zone. So the 3rd entry are based on D1 Bearish Engulfing.
GBPJPY price is expected to drop next week after completion of the ending diagonal which serve as micro wave 5. Price dropped for minor wave 1/A and rally retracement was done which serve minor wave 2/B and more drop is expected in coming weeks which is minor wave 3/C and have a target of 191 price level.
SHORT NOW - GBPJPY - INTRADAY IDEASHORT NOW - This GBPJPY chart is according to M15.
Execute the price at the exact price mentioned, NO FOMO.
🚀Follow, I will drop daily 2-5 Intraday Charts🚀
GBPJPYIf the analysis aligns with the market's actual direction, and the currency pair moves in the anticipated direction (up for a buy trade or down for a sell trade), the trade will likely yield a profit. The magnitude of the profit will depend on the size of the price movement, position size, and leverage used.
XAUUSD : Gold price reverses Gold prices have taken a significant plunge, dropping $40.6 to $2,747.5 per ounce.
This sharp dip comes as investors take profits after the recent strong rally. However, despite the drop, gold still managed to notch its fourth consecutive month of gains thanks to sustained safe-haven demand.
From a personal perspective, it’s likely that gold is entering a consolidation phase. It’s not surprising to see traders cashing in as several upcoming events could impact gold's trajectory, including the U.S. elections and the Federal Reserve meeting.
Still, underlying drivers like geopolitical tensions and uncertainties surrounding the election outcome continue to fuel demand for gold, keeping the market in a “buy-the-dip” mode.
LAC possible sequence ending? turnaround soon? Target 40+ usd?Following LAC for quiet a few years now; following its 3 count overall moves carefully, and waiting for a pullback. The Multi-year trend moving in a so called ABC structures, likely still forming an overall huge diagonal. It was roundabout at the 0.236 fib retracement for a possible wave 4, when fundamentals has been changed for LAC, primarly the company split and ongoing legal actions which made me wait for further draps, although a 0.236 retracement would have been acceptable.
Now, for the white scenario, it is possible we are ending the wave 4 pullback also as a big abc. Being an overall diagonal forming, for a wave 4 the 0.618 is also common, being said, it has almost reached it perfectly, so the risk-reward ratio is getting great for the very long term, to finish off wave 5 also as an abc to the upside, target would be primarly 40-55 usd, in a more bullish interpretation ~69 USD, LIKELY would take also several year (definetely not a few). Keep in mind with our current knowledge, the new mine's production likely ramping up in '26-'27.
fib support down at ~2.43, where the second small fib box upper support ~2.34 is an acceptable one IF there is no sustained, comfortable price actio break below.
For a bit more "bearish" scenario, we already finished of an "A" wave (orange route), either as a smaller diagonal, or I could make a case for a WXY as well, does not really matter. We are working now on orange circle B, which should be also an abc structure, in which we finished, or near to finish the (A) wave, and a correction should be imminent with a minimal upside target of 6.27 currently, but be aware it is a moving target, as price action evolves we might need to adjus that red resistance box. Standard support box is added for the orange route as well 0.9 usd being the last reliable support for a later evolving C wave.
On the 1h, 4h RSI and MACD has already built a nice divergence, on the daily it has started to built, early signs are there but not fully present. Weekly is coming up, towards ground levels. So far all the meaningful MA'S on the daily (9/21/50/52/180/200) was rejecting price action previously, currently trying to break above and close above the 9day SMA.
We do have a small head and shoulders pattern as well with a downtarget of ~2.29 which not neccessarly needs to be reached. This is the multi-year big picture, from this point forward switching from a weekly timeframe, to lower ones.
Xauusd sell NFP signal Gold recovers some lost ground and trades slightly above $2,750 on Friday. The uncertainties surrounding the US presidential election and the ongoing geopolitical tensions in the Middle East provide some support to the precious metal as focus shifts to key US data.
Gold now sell 2753
Support 2730
Support 2720
