Doubling Down on Gaming: $DUEL Set to Soar ATHsDecided to increase exposure in the gaming sector. Already holding $NAKA and INDEX:GALA , now adding BYBIT:DUELUSDT to the mix. I'm also eyeing BINANCE:VANRYUSDT , but for now, these three will be my focus.
I entered BYBIT:DUELUSDT at 0.005, aiming for an exit near the previous high—roughly a 5x from here. Looking forward to seeing where these plays take me in Q1!
Supply and Demand
PNUT | I'm Not Convinced That The Decline Is OverConsolidation and upward movement after the decline, nice but very visible.
After this point, I expect another downward movement and come to the blue box below. Of course, I will not take short trades, in fact, I can take trades with 5-minute upward breaks in the first blue box, but my general expectation is a little puncture in the blue box below and then very fast and sudden increases.
My Previous Ideas
DOGEUSDT.P | 4 Reward for 1 Risk much more if you hold it.
RENDERUSDT.P | HTF Accuracy
ETHUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it.
BNBUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it.
Bitcoin Dominance | Great Characteristic Detection and Accurate Analysis
BankNifty Intraday Support & Resistance Levels for 12.12.2024On Wednesday, BankNifty opened negative and traded in a volatile range. It touched a low of 53302.15 before recovering to a high of 53648.05, ultimately closing at 53392.25, losing 185 points over the previous close. The Weekly Trend (50 SMA) and Daily Trend (50 SMA) remain positive.
Demand/Support Zones
Near Demand/Support Zone (125m): 52563.20 - 52780.90
Far Demand/Support Zone (Daily): 51693.95 - 52197.25
Far Demand/Support Zone (125m): 51693.95 - 51906.90
Far Demand/Support Zone (Daily): 49787.10 - 50983.50
Supply/Resistance Zones
Near Supply/Resistance Zone (Weekly): 53741.40 - 54467.35 (Tested)
Key Insights
Resistance at 53750: BankNifty continues to face resistance near this level. A decisive breakout could pave the way toward 54400 and beyond.
Support at 52780: Watch for demand near this zone; a breach could signal further downside toward 52200.
11/12/24 Gold trade ideaHey Gang,
Sorry I've been off sick for a week but here's my main bias for gold going into FOMC next Wednesday.
Currently we are seeing traders find any excuse to dump gold this month which gives us the opportunity to buy gold pullbacks whenever possible.
Key Levels are highlighted in green but main bias is bullish:
- 2715 and 2723 are the key intraday levels to look for clear buys with 2732-40 being first targets and 2750 overall goal.
- We could see a short pullback to 2685 maybe during Asian which could be another opportunity for is to buy the dip however if we see a break and close below we can at least scalp the 50 pip wick back to c 2670.
- SAFEST sells would be a break and close below 2670
As always trade safely and DM with any questions.
Happy Trading
Nasdaq Futures Analysis: Key Zones and Winning Strategies!Get ready to seize the best trading opportunities in Nasdaq futures on December 11, 2024! In this video, we’ll explore:
📈 Bullish trend analysis: Key levels for corrections and continuation to the 22,400 target.
📊 Strategic setups: Clear entry points for long and short trades based on intraday moves.
🎯 Opportunities with big potential: Identify movements offering 80-100+ points of profit.
Whether you're looking for precision entries or want to learn how to analyze liquidity zones, this detailed breakdown is for you.
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ANOTHER UPDATE ON USD/CHF TRADEUSD/CHF 1H - This is just a quick update on the trade that was sent out last Friday to you all here on this pair, as you can see price is starting to pick up and its continuing to trade us higher.
Those of you who are still in on this pair well done, ensure you are taking partials, applying safety measures and looking for re-entries. If you closed Friday like I did, you should be looking for areas to re-enter.
This trade is currently running + 102 pips. (+7%) 7RR
There are plenty of areas you could be looking to get re-introduced into this market, I would be looking for any areas in or around the last impulsive wave that traded price higher.
Price will need to pullback to pick up more demand in order to encourage price to trade higher, so waiting for price to trade down and into a valid area of interest is so important. Any questions drop me a message or comment below!
ANOTHER UPDATE ON USD/JPY TRADEUSD/JPY 1H - Well well well, would you look at how price has played out during the London session today, as you can see price has played out perfectly. Giving us the opportunity to profit on the long positions.
We have seen price continue to trade us in a bullish way and provide us with some incredible profits offered to us from the analysis given in this weeks Sunday Sessions video.
This trade is currently running + 295 pips. (+ 14%) 14RR
A huge well done to anyone who took advantage of this analysis, the Sunday Sessions are there to offer you with trading opportunities for the start of the week, and the VIP chat as you know is for any opportunities mid week.
If you are involved, be sure to take partials and apply safety measures with your positions, its important you manage these trades just as well as you place them, any questions drop me a message or comment below.
Are we going LONG tomorrow on CRUDE OIL Targeting $69.50 NYMEX:MCL1!
"I can’t relate to lazy people." -Kobe Bryant
Family in this video I have broken down the LONG that I caught this morning during NY session that ran for just shy of 2R then bears came in and stopped me @ Breakeven.... SO now here is what I'll be looking for to GO LONG again tomorrow on Crude if PA sets up a HP entry confirmation....
If we can get the break above Minor support / resistance level $68.40 with a 15m candle closure above ill interested in going LONG tomorrow targeting the HTF EQ Level $69.50. This will be rpoughly around a 110pt move in our favor all depending upon entry. Also this trade and give us +3.5-4R Return if she can run all the way to target. Based off the HTF 4Hr supply we have the probability in our favor being that we are coming from a HTF Daily/4Hr Mitigation of Demand. No major news events tomorrow so we should be good to trade full volume. Remember nothing is set in stone we play the long-term game of probability. & We are dam good at it too!
***Our Profession is to Manage the downside costs of printing High SIDE returns of $$$ consistently... & that there is the #500K Model 1of1
POTENTIAL SHORT POSITIONS IN BOUNDXAU/USD 15M - As you can see price has traded into a higher timeframe Supply Zone and price has traded lower, telling us that enough supply has been introduced to see price trade lower.
From there we have seen price pullback trading into a more fractal area of Supply again giving us signs of bearishness and strength in Supply. We are now witnessing price trade into yet another more fractal Supply Zone.
In order for us to look to get involved in this market in short positions we want to see price trade into the more fractal area, reject nicely to the downside and provide us with a fractal BOS, this tells us that the trend is reversing from bullish to bearish.
From here we can then prepare to take part in the market, with it being so fractal and with us being on the lower timeframes we could look to get involved straight after the bos as the SL would still be refined and our TP is with good distance giving us a great RR return.
The Rise of Goatseus Maximus: Best Memecoin to Buy 2024n the ever-evolving cryptocurrency landscape, where trends come and go like the seasons, a new contender is emerging from the shadows—and it’s turning heads. Enter Goatseus Maximus: a meme coin that’s not just riding the wave of internet humour but may very well be poised to dominate the crypto market by 2025. With its playful branding and community-driven ethos, Goatseus Maximus captures hearts (and wallets) in ways traditional coins can only dream of.
The potential for wild price swings also attracts thrill-seekers. Speculators see opportunities in volatility, hoping for significant returns as popularity grows. As supply and demand traders, we only want to trade at strong and high-probability imbalances, such as the strong weekly demand level in control now at 0.6.
You can use this bigger timeframe weekly demand level to trade short-term and intraday cryptocurrencies trading strategies.
DABURAfter breaking Support of 505-510, there was a Liquidity Grab in April 2024 where price reached 490. From there, Dabur rallied to 660-670 levels
Its again trading in the same zone (CMP - 508)
Buy can be initiated above 515
Entry: 515 - 520
SL: 485 - 490
Target 1: 585
Target 2: 660-670 (ATH)
DISCLAIMER: NOT FINANCIAL ADVICE. DO YOUR DUE DILIGENCE BEFORE INVESTING
S&P 500 Analysis: Bearish Momentum Ahead of CPI ReleaseS&P 500 Technical Analysis
The price dropped as we mentioned in the previous idea from 6058 and still has bearish momentum.
Now, as long as trades below 6058 touch 6022, stability under 6022 supports dropping toward 5971, especially if the CPI released is more than expected, which is 2.7%.
A 4-hour candle should close above 6058 to have a bullish trend until 6099, in the case of realizing CPI results in less than 2.7%.
Key Levels:
Pivot Point: 6058
Resistance Levels: 6073, 6099, 6145
Support Levels: 6022, 5971, 5932
Trend Outlook: Downward while below 6058
THE KOG REPORT - ELECTION SPECIAL - UpdateDaily chart – Election Special:
Quick update on the election chart we have been sharing since the beginning November. As you can see it’s worked well, however, at this stage of the movement we should have seen more upside movement on gold, which the accumulation is controlling. We have now added the additional level below 2590, as potential which corresponds with the KOG Report that has been posted.
Otherwise, nice clean movement, projected from the highs, swings were captured and levels worked extremely well. Red arrow was the projection, green arrows tracking movement.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
XAUUSD - Gold waiting for the inflation index!Gold is above EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel. If we maintain the drawn blue upward trend line, we can witness the continued rise of gold and the limited visibility of the channel ceiling. Within the zone of supply, we can sell with appropriate risk reward. Returning below this trend line paves the way for gold to fall and you can buy within the zone of demand.
According to a report by Bank of America, gold remains on track to reach $3,000 per ounce next year. However, investors need to be patient, as the current price consolidation phase may continue through the first half of the year.
Michael Widmer, Head of Metals Research at Bank of America, stated during the bank’s 2025 Outlook webinar: “Currently, gold is stuck in an environment where there’s nothing tangible to draw investors back into the market.”
The second-largest U.S. bank has highlighted that gold faces significant challenges in the upcoming year, including weak demand from China and pressures on Western investors, who are dealing with the prospect of higher bond yields and a strengthening U.S. dollar.
The report noted, “The Trump administration is likely to pursue a mixed economic policy that, through stronger growth, higher inflation, higher interest rates, and a stronger dollar, could limit investors’ willingness to increase gold purchases in the short term.”
Bank of America strategists predict that Trump’s economic policies, such as potential trade tariffs and similar measures, may force the Federal Reserve to slow down its pace of interest rate cuts in 2025. Analysts expect only two rate cuts next year, one in March and the other in June.
Despite these challenges, precious metals experts believe that gold and silver will remain well-supported in the coming year as economic uncertainties and geopolitical turmoil continue to boost demand for safe-haven assets.
According to a recent Reuters poll of economists, 56 out of 97 respondents forecast that the Federal Reserve will lower its interest rate to 3.50–3.75% or lower by the end of 2025. Furthermore, 93 out of 103 economists surveyed predict that the Fed will cut rates by 25 basis points during its December 18 meeting, bringing the rate to a range of 4.50–4.25%.
Investors are now focusing on the U.S. Consumer Price Index (CPI), which is expected to have increased by 0.3% in November. This data could shape expectations regarding the Federal Reserve’s 2025 policy stance.
Kyle Rodda, a financial markets analyst at Capital, commented: “An expected CPI number essentially gives the Federal Reserve the green light to cut interest rates next week, and this could be the catalyst that gold has been waiting for.”
Meanwhile, Goldman Sachs views the recent decline in gold prices as merely a fluctuation and expects the metal to resume its upward trajectory soon.
Goldman Sachs cited the following reasons for its outlook:
• Accommodative monetary policies
• Central bank purchases of gold
• A return of investors to the gold market
The bank also pointed out that during the 2022 Russian invasion of Ukraine and the subsequent freezing of Russian assets by Western nations, gold emerged as an attractive alternative to the U.S. dollar. Many central banks around the world turned to gold to diversify their reserves.
Goldman Sachs stated: “We do not expect central bank demand for gold to decline. With the Federal Reserve reducing interest rates, investors will also reenter the market. We project that gold prices will reach $3,000 per ounce by the end of 2025.”
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Not a bad day at all on Gold, our path worked well, we got the low, got the move up, got another 50pip short and then switched to the red boxes for bonus scalps. It was literally a level to level, point to point move!
To round up the day, we would say higher level above are to be targeted with support now at the 2675 region and the bias as bullish above. We would like to either see this attack resistance over the Asia session and then confirm a short, or, we'll wait below for the RIP to take it higher.
Not much more to report on.
As always, trade safe.
KOG