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GOLD NEXT MOVE (expecting a bearish move) (30-12-2024)Go through the analysis carefully and do trade accordingly. XAU/USD Analysis - December 30, 2024 Current Price: $2626 "If the price remains below $2642, the next targets are $2612, $2589, and there is a possibility of staying above $2550." - POSSIBILITY 1: Wait (as geopolitical tensions are worsening) - POSSIBILITY 2: Wait (as geopolitical tensions are worsening) Best of Luck! Always remember: Never risk more than 1% of your capital on any trade. If you find this analysis helpful, please support us by liking and sharing this post!
OANDA:XAUUSDShort
by Bentradegold
BEarish drop?Dow Jones (US30) is reacting off the pivot and could drop to the pullback support. Pivot: 43,358.90 1st Support: 41,883.16 1st Resistance: 44,074.83 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:US30Short
by ICmarkets
XAU ! Gold down at the beginning of the week - SELL retest ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) rebound from recent losses seen in the previous session, though trading volumes remain lighter than usual on Monday ahead of the New Year holiday. The precious metal benefits from safe-haven demand as markets await updates on the US economic outlook under the incoming Trump administration and the Federal Reserve’s 2025 interest rate strategy. Expectations of potential trade tensions driven by Trump’s proposed tariffs and policies could boost risk aversion, increasing gold’s appeal. However, projections of fewer Fed rate cuts in 2025 may limit the upward momentum for the non-yielding metal. ⭐️Personal comments NOVA: The downtrend has been implemented by the bears, break H1, waiting for the price to continue to decrease to the 2600 area. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2616 - $2618 SL $2621 scalping TP1: $2613 TP2: $2608 TP3: $2600 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
1
XAUUSD BEARISH ANALYSIS | (READ THE CAPTION)hello dear traders tis is m xauusd analysis. kindly share your opinion wit me about this chart in comment section current xauusd price is 2619.00 bearish trend is back in market last week gold hit our supply zone 2639.00 and then we see heavy fall in gold market now market reject from our support1 2613.00/2610.00 to our resistance1 2620.00/2623.00 now i'm looking for sell trade from this zone if i find any sell confirmation ten i'm go for sell from our resistance1 and set target at support2 2603.00/26000.00 zone key points: resistance1 2620.00/2623.00 supply zone 2635.00/2639.00 support1 2613.00/2610.00 support2 2603.00/2600.00 trade setup: entry zone 2620.00 / 2623.00 target 2600.00 stop loss 2634.00 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, The forex adventures
OANDA:XAUUSDShort
by TheForexAdventures
CLANKFUN: $0.00 00 36 | Fun With Base Super CoinsVirtuals Protocols is BASE chains flagship project to onboard fresh capital with its select quality issues like DORA LUNAi AiXBT CLANKFUN is BASE Eth answer to SOLANAs never ending Pump.fun factory of super meme coins PUMP has an initial Valuation of $150M and now at around $1.3bn CLANKFUN is staging for BASE CHAiN to have as the CEO is one of TRUMPS crypto advisor this may just be a Unicorn at infant levels quietly making higher Lows and higher highs HOPIUM is on the green Cabal Dev suggest Heavy Hitters Got volume Good Lucks for 2025
UNISWAP3BASE:CLANKFUNWETH_9A4B64.USD
by senyor
2
Euro will exit from triangle and continue to growHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price a few moments ago entered to downward triangle and started to decline to the resistance level, which coincided with the seller zone. When the price reached this level, it broke it and continued to fall to the support level, which coincided with the buyer zone. After this, the price turned around and started to grow to a resistance level, thereby making a gap. Later, the price reached the 1.0630 resistance level, coinciding with the resistance line and then declining. Price also rose to almost the resistance line and then dropped to the support line of the triangle, breaking the support level. Euro some time traded below the 1.0400 level and later bounced up to the resistance line of the triangle, breaking this level again. At the moment, the price continues to trades near this line and I think that the Euro can correct to a support level and then rebound up, thereby exiting from the triangle. For this case, I set my TP at 1.0575 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
Could the price reverse from here?The Swissie (USD/CHF) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support which has been identified as an overlap support. Pivot: 0.9037 1st Support: 0.8921 1st Resistance: 0.9157 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Ethereum: Triangle Consolidation with Potential Breakout Targetswhat happened: Double Top Formation: A bearish reversal pattern is marked, showing two peaks at similar levels. After completing the pattern, the price dropped sharply to meet the "target of double top" near $3,150. Now: Symmetrical Triangle: The price is consolidating in a symmetrical triangle pattern. This pattern is typically neutral and indicates potential breakout opportunities, either upwards or downwards. Resistance Levels: $3,550: This is the horizontal resistance line formed by the upper boundary of the triangle and previous consolidation highs. $3,870: The "target of triangle" is projected upon a potential bullish breakout, calculated by measuring the height of the triangle. Support Levels: $3,320: Immediate support is found near the ascending trendline forming the triangle's lower boundary. $3,150: Previous support zone after the completion of the double top. Price Projection: Bullish Scenario: If the price breaks above $3,550, the next target is $3,870, aligning with the triangle breakout target. A continuation of the uptrend could follow as higher lows are forming. Bearish Scenario: If the price breaks below $3,320, the next support is near $3,150. A further decline could lead to retesting $2,960 or lower. ____________________________ Current Outlook: The price is moving sideways within the triangle, reflecting a phase of indecision. Traders should watch for a breakout above or below the triangle to confirm the next trend direction.
Long
by melikatrader94
2
[Positional] AuroPharma Buy IdeaAbhishek's Idea Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
NSE:AUROPHARMALong
by Amit_Ghosh
xauusd buy Gold price trades near $2,620.00 on Monday, with the daily chart indicating a consolidation phase as the metal moves sideways near the nine- and 14-day Exponential Moving Averages (EMAs). The 14-day Relative Strength Index (RSI) hovers just below the 50 mark, reflecting a neutral sentiment. A decisive move above 50 could signal increased buying interest in the commodity. Gold holds steady above $2,600 after failing to make a decisive move in either direction in the previous week. Growing expectations for a cautious approach to policy easing by the Fed in 2025 limits XAU/USD's upside heading into the New Year holiday. xauusd buy 2615 suppot 2630 suppot 2650
OANDA:XAUUSDShort
by Eliana74
PancakeSwap (CAKE)Comprehensive Analysis of CAKE/USDT ✨⚡ Introduction CAKE is a prominent cryptocurrency that plays a key role in the DeFi (Decentralized Finance) ecosystem. Associated with the PancakeSwap platform, it aims to facilitate decentralized trading and enhance liquidity, capturing the attention of many investors and traders. In this analysis, using technical tools, we examine key support and resistance zones while exploring various price scenarios. This analysis is designed to be useful for both short-term traders and long-term investors. 🌟⚔ 1. Technical Analysis Descending Channel Structure: On the weekly chart, CAKE is currently within a long-term descending channel. This structure indicates that the price has touched the channel's upper boundary (PRZ: 4.214 - 5.298) and has entered a corrective phase. Key Support and Resistance Zones: Red Support Zone (1.996 - 2.228): This is the first critical support level that plays a key role in the price's potential reversal. If this support is held, the price is likely to rise towards the channel’s upper boundary. Gray Support Zone (1.548 - 1.709): A break of the red support could bring the price down to this secondary support zone, which acts as a second line of defense. Green Resistance Zone (4.214 - 5.298): The PRZ zone is a strong resistance barrier to further price growth. A break above this zone will send a strong bullish signal. Movement Targets: Bullish Scenario: First Target: Upper boundary of the descending channel Subsequent Targets: 1.618 Fibonacci: (8.126 - 9.552) 2.618 Fibonacci: (22.698 - 27.046) 3.618 Fibonacci: (56.469 - 64.385) Bearish Scenario: In the case of a breakdown below the support zones, the price could decline towards the lower boundary of the descending channel. 2. Technical Indicators RSI (Relative Strength Index): The RSI is currently near the support zone (47.63 - 51.72). Holding this range could signal a potential reversal as buyers regain control. The trendline connecting the lows acts as a support level for upward momentum. Volume: An increase in volume near the red support zone confirms the start of a potential bullish move. Conversely, a decrease in volume at the green resistance zone raises the chances of a correction. 3. Investment Strategy Step-by-Step Entry: Enter near the red support zone (1.996 - 2.228). Re-enter after breaking the PRZ (4.214 - 5.298) with confirmed high volume. Managing Trading Volume: Adjust your trading volume according to key support and resistance levels. Allocate more volume near support zones, as these areas have a higher likelihood of a price reversal, which could initiate a bullish trend. This strategy allows for risk reduction and optimizes entry prices, enhancing potential profits. 4. Risk Management Stop-Loss: Place your stop-loss below the gray support zone (1.548 - 1.709). This will protect against significant losses in case of a price breakdown. Risk-to-Reward Ratio: Ensure your risk-to-reward ratio is at least 1:2. This means that for every unit of risk, your target reward should be at least double. Planning for Critical Scenarios: In case of a breakdown below support zones, it is advisable to close positions and reconsider entry points at lower levels. 5. Key Takeaways Volume: High volume near support levels suggests the beginning of an upward move. RSI Movement: A bounce from the 50-level RSI or trendline confirms the potential for a price increase. Conclusion Currently, CAKE is in a critical zone (1.996 - 2.228). By applying risk management principles and using a step-by-step entry strategy, one can take advantage of this opportunity. A breakout above the PRZ (4.214 - 5.298) could trigger a strong bullish trend and facilitate reaching Fibonacci targets. 🚀 Remember, always prioritize capital management and risk management to safeguard yourself from the volatility of the crypto market. 🔍✨
Long
by alizeynali69