Gold Analysis December 20⭐️Fundamental Analysis
Gold prices maintained a buying bias in the first half of the European session on Friday amid prevailing risk-off sentiment. Amid persistent geopolitical risks and trade war concerns, the threat of a US government shutdown prompted some safe-haven flows into bullion. C
The Federal Reserve's hawkish signal that it will slow the pace of rate cuts in 2025 acted as a driver for US bond yields and favored USD bulls. Traders now look to the US Personal Consumption Expenditures (PCE) price index, which could influence the USD price dynamics and act as a driver for gold prices in the US session.
⭐️Technical Analysis
Gold rebounded from 2587. This zone became a resistance zone but is no longer too strong if the selling pressure is strong. The important zone at the moment is around 2607. When this zone breaks before the middle of the European session, the target of 2622 will be where SELL signals can be considered. If the US session breaks this zone, we have two possible resistance zones, the first SEL around 2633-2635 and when this zone breaks, we must aim for 2658-2660. If it fails to break 2607, set SELL to 2555.
⭐️Trading signals
SELL GOLD zone 2622-2624 Stoloss 2627
SELL GOLD zone 2633-2635 Stoploss 2638
BUY GOLD zone 2656-2654 Stoploss 2651
BUY Scalp 2692-2690 Stoploss 2687
Trend Analysis
APEUSDT SHORT!There is an AB=CD formation on the APEUSDT pair in the daily chart. Although there seems to be a Cup and Handle pattern, I generally expect a significant drop in the market. It’s worth paying attention as the weekend is ahead.
I also specifically talked about this decline on my YouTube channel.
USDT.D (Dollar Dominance) is currently in a very risky zone. Please be cautious in your trades and avoid being overly enthusiastic!
Stay safe! Best regards!
NFA.
USDJPY NEOWAVE ANALYSIS (DAILY) Experimental analysis with the intention to follow back later on as I am still learning
This pair really excites me. I do not know why, but it has stuck with me, so I thought I’d give this a try even though it should be considered low probability due to me going deep down to the daily.
As you can see, once wave F got over, we did get a very good 5-wave rally to complete wave A. Although i have no idea yet what wave A is a part of.
After the biggest daily drop since wave 2, we got some downwards movement which indicated that the rally up is over.
Now using logic and good reasoning when I think about this, it’s not possible for the downside movement to end so quickly after almost 2 months of upwards movement. Hence, I will take it to believe that the correction is still ongoing and the rally we are seeing right now is a strong B wave rally of a possible flat.
I do not know where wave B will end, although since I do consider it to be strong, I will expect it to completely retrace wave A. Once we know where wave B finishes, then only I could understand whether the C wave will completely retrace the B wave.
Any prior sell off before retracing wave A would mean that we're looking at a triangle correction
Crypto Pick of the Day: TROYUSDT
🚀 Get Ready to Double Up! 🚀
🌍 What’s Happening?
TROY is looking strong and ready to pop. This is the perfect time to buy in before the next big move.
📊 Trade Plan:
📌 Buy Zone: $0.049 - $0.053
🎯 Target: 100% gain
⏳ Hold Time: Max 1 week
🎯 What to Do Next?
💬 Got questions? Let’s talk!
💡 Note: This isn’t financial advice. Always DYOR before investing.
🔥 TROY is heating up – Are you in? 🔥
COPPER | XCUUSD | HG1! Weekly Forecast: Bearish to the Lows!There is significant Sell Side Liquidity at the lows of this market. This will draw price to it.
Look for price to potentially trade into and drop from the Weekly -FVG.
Should be some significant opportunities this coming week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
GBPAUD move lower to mid point of trendMacro trendline is bullish.
Alert placed around 1.99 for a short to 1.97 (200pips).
Id like to see a internal liquidity sweep inside the 4H FVG and well inside the premium zone.
Target would be 50% fib level and weekly support at 1.97. A break of this zone could see a deeper move to grab Liquidity at 1.95.
News this week will determine the size of the move..
GBP news
- unemployment rate
- PPI
- inflation rate
- interest rate decision
- retail sales (less important)
This is an idea only, do your own research.
Happy trading
Binance Coin - Trade This Breakout Rally Now!Binance Coin ( CRYPTO:BNBUSD ) is starting to break out:
Click chart above to see the detailed analysis👆🏻
It really seems like the long term consolidation of more than three and half years is finally coming to an end on Binance Coin. We still have to wait for the monthly candle of December, but momentum is pretty strong and bulls are doing their best to start the parabolic breakout rally.
Levels to watch: $700, $1.400
Keep your long term vision,
Philip (BasicTrading)
NILI.V Possible Trend Reversal & Entry - First AnalysisNILI.V (Surge Battery Metals)
Candlesticks:
This past week NILI.V closed Thursday with a dragonfly doji candle, followed by a bullish engulfing on friday. The last time a dragonfly doji appeared was on September 9th, which marked a trend reversal that resulted in a 90% in price over 45 days.
Technical Indicators:
MACD on the daily is about to crossover indicating a possible shift in momentum from bearish to bullish.
Possible Entry:
looking for a confirmation on the trend reversal on Monday with a candle closing above the downward channel that Nili has been trading in over the past couple weeks. If that happens I will take a long position and be looking for profit taking opportunities at .40, .45, and .50 cent price ranges.
I am new to trading and this is my first analysis. Let me know what you think and if I got anything wrong here, any feedback is appreciated!
USDCAD (4D) HIGH-RISK OPPORTUNITY, DTA Cautious Downtrend Retracement in an Upward Trend
The USDCAD pair is currently experiencing a short-term retracement within a longer-term uptrend. While the overall trend remains bullish, it's important to exercise caution as we approach key support and resistance levels.
Key Levels to Watch:
Pivot High @ 1.4238
Resistance, Major @ 1.4209
SLO2 @ 1.4188 📉
SLO1 @ 1.4087 ⏳
TP1 @ 1.3894
TP2 @ 1.3733
TP3 @ 1.3614
TP4 @ 1.3430
BLO1 @ 1.3386 ⏳, minor support
BLO2 @ 1.3279 ⏳, above major support
Support, Major @ 1.3252
Pivot Low @ 1.32286
Trading Strategy:
Consider buying or taking long positions below 1.3386.
Be aware of the potential for a sharp reversal.
Maintain a bullish bias.
Be prepared to adjust your position based on market developments.
Risk Management:
A tight stop-loss order is crucial to limit potential losses.
Manage your risk by avoiding over-leveraging your positions.
Remember, technical analysis is a valuable tool, but it's not foolproof.
Archer Aviation: key level to watch witnessed a strong rebound after forming a higher low at 6.85, to violate the resistance level at 8.63 in yesterday's session. Holding above this level, will push the stock to test the last peak at 9.84, which is the level that needs to be violated to confirm the current uptrend, triggering further rises near 10.35 - 10.80 - 11.30 - 12.00.
The stop-loss lies below 7.33$.
the indicators are heading toward the positive side, which confirms the mentioned positive scenario.
The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
Crude Oil Outlook: Key Levels Shape the Path AheadHello Traders,
Trust you are doing great.
Please take some moment to go through my analysis of USOIL and share your thoughts.
Overview
USOIL is currently trading at 70.08, with mixed trends across timeframes. On the H4 chart, the pair remains bullish, recovering from a recent correction. Meanwhile, the H1 chart shows a bearish trend in a corrective phase, with resistance emerging in the 70.19–70.90 region.
Idea
An impulsive rally from 67.045 on December 5th corrected to the 0.5 Fibonacci retracement level at 68.78 on December 13th, where support was established. This led to a bounce toward 70.19-70.21, which now acts as resistance.
If this resistance holds, a downward move is expected, targeting 67.70 and 67.08, areas where a bullish bounce may likely occur. The short-term bias remains bearish unless price breaches the Friday high of 71.38, which would shift focus to the 71.66–72.21 zone as a potential turning point.
Conclusion
In the short term, the bearish outlook is dominant, with 71.38 as the key invalidation level and a stop-loss reference. A break below 69.65 would add confidence to the bearish scenario, while any move above 71.38 could signal further upside, targeting the 71.66–72.21 zone for a potential reversal.
Cheers! Merry Christmas and Happy New Year in advance.
AUD/CHF "The Aussie vs Swissy" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the AUD/CHF "The Aussie vs Swiss" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a trade anywhere,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low level.
Goal 🎯: 0.57340
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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I'll see you soon with another heist plan, so stay tuned 🫂
DOT current trendlines, patterns and possible scenario (4h)BINANCE:DOTUSDT was forming an ascending channel in which it bounces up and down, frankly speaking the volume VAH indicates it could, IF it goes up further, bounce from it and touch the trendline once more before aiming higher. but first it needs to break the 50% fib level it got rejected from short term.
the touch of the lower trendline would coincide with the current point of control (dotted line) perfectly.
take this as a fast setup, will adjust it further if it gives any further indications.
USOIL (G50) Intraday.Expect 68.80
USOIL May Fall 0.20 -0.65
~~Our Prefenence ~~.
Short Position Below 69.50 With Targets At 68.80/68.35 In Extension
70.1500 Resistance...
69.8000 Resistance..
69.5000 Resistance.
69.0000 Last .
69.5000 pivot
68.8000 Support.
68.3500 Support..
68.000 Support...
~~Alternative Scenario~~.
Above 69.50 Look For Further Upside With 69.80 / 70.15 As Per Target
NZDJPY bottomed being formed. Huge long-term buy.The NZDJPY pair gave us an excellent sell signal back on our July 10 analysis (see chart below) and not only hit our 95.580 Target but broke below and invalidated the medium-term Channel Up:
The long-term Channel Up however, is still intact and it is evident on the 1W time-frame where the July - August sell-off found support and stopped exactly on the 1W MA200 (orange trend-line).
That was the first strong long-term buy signal. Since then, the price has been consolidating within the 1W MA50 (blue trend-line), which has already rejected the uptrend multiple times and the bottom (Higher Lows trend-line) of the Channel Up.
The second buy signal came this month, as it made a Double Bottom on the Higher Lows trend-line of the Channel Up. This whole sequence is very similar with the bottom formations of Jan - April 2023 and December - February 2022. Both started new Bullish Legs and never looked back once the price broke above the 1W MA50.
So the confirmed buy signal for this pair will be if a 1W candle closes above the 1W MA50. If that happens, we will turn bullish with our Target being 102.000 (+18.31%, the minimum Bullish Leg rise within the Channel Up).
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💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
GOLD What Next? BUY!
My dear subscribers,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2603.3 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2632.7
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EURUSD Downtrend Holds Steady: Time to Go ShortEURUSD experienced a sharp decline earlier today, following the release of key economic data that spurred renewed bearish momentum. The market reaction was swift, with sellers overwhelming buyers and driving the price lower. After this initial move, the pair is now staging a pullback, attempting to recover some ground as it approaches a critical resistance zone. This retracement presents a significant technical setup that could dictate the pair’s next major move.
The current pullback is bringing the price closer to the resistance zone around 1.04300, a level that has proven pivotal in the past. Historical price action highlights this area as a confluence zone, marked by prior reversals and intensified trading activity. As the price approaches this region, signs of exhaustion are becoming increasingly evident. On closer examination of the candlestick patterns, rejection candles—characterized by long upper wicks and small bodies—are forming near this resistance level. These candles suggest that buyers are struggling to push the price higher, while sellers are beginning to regain control.
A deeper look at the 1-hour chart reveals a clear ABCD pullback pattern, a widely recognized harmonic structure in technical analysis. This pattern indicates a measured retracement within a broader downtrend, providing traders with potential entry points for the continuation of the trend. In this case, the "AB" leg represents the initial bearish impulse, the "BC" leg corresponds to the current corrective move, and the anticipated "CD" leg signals the likely continuation of the downward movement. If the pattern completes as expected, the price is likely to reverse from the resistance zone near 1.04300 and resume its descent.
The broader market sentiment further supports a bearish outlook. Macroeconomic conditions, combined with the technical dynamics of the pair, point to continued selling pressure. The recent news release acted as a catalyst, intensifying the downward momentum, and this sentiment is unlikely to change unless there is a significant shift in market fundamentals. Additionally, the lack of follow-through by buyers in the pullback phase underscores the strength of the prevailing bearish trend.
From a technical perspective, the resistance zone around 1.04300 holds immense importance. Not only does it align with the upper boundary of the ABCD pattern, but it also coincides with a key Fibonacci retracement level and a psychological price barrier. These overlapping factors create a strong confluence area, increasing the likelihood of a reversal. If the price fails to break above this zone, the bearish momentum is expected to accelerate, targeting the next significant support zone around 1.03260.
The support zone at 1.03260 represents a critical area where buyers may reenter the market. This level has acted as a demand zone in the past, providing temporary relief from selling pressure. However, given the strength of the current bearish trend, a test of this level seems increasingly likely. Traders should watch for additional confirmation signals, such as bearish candlestick formations or increased selling volume, as the price approaches the resistance zone.
It’s also worth considering potential invalidation levels. Should the price manage to break and sustain above the 1.04300 resistance, the bearish scenario would need to be reassessed. Such a move could indicate a shift in market dynamics, opening the door for a potential bullish reversal. However, until that happens, the dominant trend remains bearish.
In conclusion, EURUSD continues to exhibit strong bearish momentum, with the current pullback offering an opportunity to position for the continuation of the downtrend. As the pair approaches the 1.04300 resistance zone, the technical and fundamental landscape suggests that the bearish trend is likely to resume. My primary target remains the support zone at 1.03260, which aligns with prior swing lows and key technical levels. Traders should remain cautious and monitor key levels closely, ensuring that their risk management strategies are firmly in place.