NexusTradesZone

NexusTradesZone

Gold prices are demonstrating a unilateral increasing trend. The 4-hour chart has created the regular upward channel. The K-line runs along the upper track of the Bollinger Band, while the middle track near 2810 has provided dynamic support. The current drop has converged above the Fibonacci 23.6% retracement level (2807), creating a secondary support platform...

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Hello, Followers. I will provide the technical setup of XAUUSD, so please share your thoughts in the comments section about my research. XAUUSD will move in a short period of time since it is closely following the parallel channel, and it has already met resistance and begun to fall. According to me, XAUUSD will go to the first objective around 2804, and if...

NexusTradesZone

This is a monthly chart of XAU/USD (Gold Spot), displaying a long-term ascending channel. Key Observations: 1. Price is at the channel's upper boundary, around $2,874. 2. Potential resistance at around $3,202, indicated by an upward arrow. 3. Previous price activity indicates respect for channel boundaries**, implying that a pullback from resistance is...

NexusTradesZone

As I mentioned in my previous weekly post, the market hit an all-time high this week, testing the zone above 2800 and continuing to rise. The January candle finished significantly above the 2024 high, indicating a strong bullish trend in the market. Any retracement at this point might be a great opportunity to go long, assuming this isn't a fake breakout of last...

NexusTradesZone

Examine the analysis attentively, and then trade accordingly. Anup's BIAS for the week (3rd February - 7th February 2025). Current price: 2798 1st scenario (bearish move) "if Price stays below 2810, then next target is 2792, 2772 and 2762 and below that 2750" If price violates the first scenario (closes above 2810), the next targets are 2820, 2825, and...

NexusTradesZone

Hello, Traders! As gold dropped from 2830 and is now trading between 2812-2813, this decline is true and valid till 2772-2773 since I identified significant liquidity, an order block, FVG, and parallel channel trendline support. So gold should make this extremely serious and genuine move in order to continue the bullish trend. Support number:...

NexusTradesZone

Hello, Traders! like gold has made its ATH 2830, which was also a trendline that gold respected, and down now every thinking for retracement, but gold will do a breakout till 2835 like gold did on the previous trendline. Gold will easily reach 2835 before dropping to the retracement level of 2794, thus I am bullish until 2835, when I will find a decent entry...

NexusTradesZone

Hello, Traders! As we all know, this week gold made ATH with a red candle and also did a retest to 2799, but this retest is not enough for the continuation of the bullish trend. Here I have presented my analysis regarding gold. Currently, gold is trading at 2799 at the gold support level, as the new week begins in three hours, so gold can do a gap down opening...

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keeps getting stronger following a minor adjustment. A zone of interest is ahead, and before the price begins to storm the ATH, it can correct to the support. The escalating risks associated with Trump's tariff battle are driving up the price of gold. He is prepared to keep doing so in spite of the dangers that the US citizens also present. The dollar also...

NexusTradesZone

Traders, hello! How do you feel about gold? Gold recently bounced off the lower boundary and resumed its upward trend, indicating that it is still in a long-term rising channel. It has already surpassed its peak, indicating more bullish momentum. We expect gold to continue its upward trend and reach new highs following a possible downturn. Remember to like and...

NexusTradesZone

The XAUUSD rose to a high of 2786 on Friday, only 30 pip down than the previous all-time high (ATH). Bulls may be able to enter the market at more advantageous times because the price is currently in a correction phase. The area around 2740 is a key confluence support and may be a desirable entry point. The end of the correction and the possibility of a new ATH...

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Hello everyone, I have Gold analytics ready for you today. The price in this chart dropped to support 2, which was also the support zone. It briefly traded close to this level before rising to support 1. Gold then reversed course and fell to support 2, which it shattered and fell slightly below when it got there. The price swiftly recovered to support 2 following...

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Hello everyone, View our most recent one-hour chart levels and goals for the upcoming week. With a gap above at 2807 and a gap below at 2794, we are witnessing price movement between two weighted levels. To find the next range, we must watch for the ema5 to cross and lock on either weighted level. Until one of the weighted levels breaks and locks to confirm...

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Hi, traders Here is my new Bitcoin/USD proposal. What do you think? Leave a comment with your ideas. This one-hour period technical analysis chart for Bitcoin (BTC/USD) shows a negative trading scenario. To help guide the trading idea, the chart includes important levels of support and resistance, trend direction, and breakout confirmation. Analysis of...

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Since the price of bitcoin broke out of the falling wedge formation and was successfully retested twice, its price action is incredibly bullish right now! We may anticipate higher prices over the next few days and weeks because there isn't anything particularly negative about the price action. Three powerful levels are visible on the chart, which you can utilize...

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Since everyone is aware of Bitcoin's previous movements in 2017 and 2021, everyone is assuming that it will now be worth 280K. However, Bitcoin is currently in a rally or range between 100,000 and 110,000, and this rally will continue until 2026, after which there will be a nice pullback to 73,000–74,000. This move makes sense because BTC does not even touch these...

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BTCUSDT is encountering significant opposition. In order to create a defense conglomerate, the price is being forced as far away from the 105–107K range as feasible. However, the worldwide bullish position cannot yet be overshadowed by this resistance. On H1-H4, a symmetrical triangle and a descending channel are developing into a contentious scenario....