XAUUSD Gold trades in a narrow channel above $2,600 on Tuesday, albeit lacking strong follow-through buying. Geopolitical tensions and trade war fears lend support to the safe-haven XAU/USD, while the Fed’s hawkish shift acts as a tailwind for the USD and caps the precious metalGold remains steady near $2,610 as the US Dollar continues to strengthen.
Fed signals fewer rate cuts next year, reducing upward pressure on Gold.
XAU/USD faces downward pressure as it tests 100-day SMA supportThe Gold price remains relatively steady around the $2,611 mark, as market participants adjust to a more cautious outlook on US interest rates. The broader backdrop shows the US Dollar retaining its strength, supported by expectations that the Federal Reserve will adopt a slower pace of rate cuts in the coming year. Fed officials have indicated that fewer rate cuts are likely than previously anticipated, with expectations for the federal funds rate to reach 3.9% by the end of 2025. This shift comes amid a slower disinflation process and the uncertainty surrounding President-elect Donald Trump’s policies on immigration, trade, and taxes
Wave Analysis
$OM Shines Bright in 2024's Crypto Renaissance2024 is gearing up to be a monumental year for crypto!
❇️Trump wins → Bitcoin hits ATH
❇️Spot Bitcoin & Ethereum ETFs approved
❇️Memecoin crazy supercycle
❇️Rise of AI Agents
❇️RWA tokenization becoming the next big narrative
And let’s not forget about NASDAQ:OM - MANTRA Chain is leading the charge in RWA tokenization.
With over 15,000%+ gains in 2024, NASDAQ:OM is on track to deliver next-level returns.
#RWA #Crypto #MANTRA #Tokenization #Blockchain #DeFi
Real-World Assets, Real Gains: Why $OM Is My Top PickRWAs Are Taking Over - Perfect Storm Brewing 🌊
Just increased my NASDAQ:OM position. #MANTRA is crushing it with real-world adoption:
- Already tokenizing aviation, ev bikes and more real world assets
- UAE real estate deals live
- Major institutions onboarding
- First regulated L1 for RWAs
Real adoption > hype.
Currently at $3.75 - this entry will look crazy when RWAs go mainstream.
$10 coming soon!
#MANTRA #Bullish #HODL #Altcoins
BUY Spot FIROUSDT
🌟 Short-Term Opportunity with FIROUSDT! 🌟
📊 Trade Plan:
Entry Point: $2.216 - $2.26 – Accumulate in this range for a strong setup.
Target: +60% – Aiming for significant short-term gains.
Hold Time: Up to 3 days – Ideal for quick trades in a volatile market.
🚀 Next Steps:
Monitor Entry: Wait for price confirmation near the target range.
Set Take Profit: Secure gains at the 60% target.
Adjust Hold Time: Exit earlier if the target is achieved before 3 days.
💡 Note: This is not financial advice. Always DYOR before trading.
🔥 FIROUSDT is ready for a short-term move – Position yourself now! 🔥
Astrological tradingIf you heard the words "santa's rally" and "this is like 2016", you now know why.
We will look at Saturn and Jupiter hours: 6,7,18,19 UTC. Mars hours: 8,20. It's literally that easy. I feel like doing t.a. tomorrow will be irrelevant to be honest. I expect extreme volatility so you might want to check the weather forecast section for the exact intraday cycles of price, along with the time pivots provided above.
Tsla (TSLA) Stock Forcast Implementing Elliot Wave & Gann
Elliott Wave Analysis
The long-term price action of Tesla (TSLA) aligns with a classic five-wave Elliott Wave structure:
1. Wave (1):
The initial bullish wave demonstrated significant market enthusiasm, marking the start of the long-term uptrend. This wave set the foundation for the subsequent wave formations.
2. Wave (2):
A corrective phase that followed the initial impulse, retracing within the expected Fibonacci levels. The correction was sharp and completed within a reasonable time, preparing the groundwork for Wave (3).
3. Wave (3):
This wave is the strongest and longest in this Elliott Wave count, reflecting high investor confidence and robust market participation. The wave extended significantly, making it the defining feature of the long-term trend.
4. Wave (4):
The ongoing corrective wave shows signs of forming a complex correction, consolidating gains from Wave (3). The support levels at $488.94 and $345.42 are critical for defining the end of Wave (4). This correction is expected to last until Q3/Q4 2025.
5. Wave (5):
The final impulsive wave is projected to target $1,060, driven by renewed bullish momentum. This wave aligns with Fibonacci extensions and previous wave structures, indicating a potential peak in late 2027 to early 2028.
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**Gann Square and Cycle Analysis**
To validate the Elliott Wave predictions, Gann Square of 9 and Gann cycles were used:
1. Wave 4 Completion Timing:
According to Gann's 90-day correction cycle, Wave 4 is expected to take approximately 180-270 days from its initiation. This aligns with a completion timeframe of September-November 2025, confirming the Elliott Wave projection.
2. Wave 5 Timing and Price Target:
The 360-degree price cycle from the pivot low of Wave 2 indicates that $1,060 is a strong resistance level and a potential final peak for Wave 5. Using Gann's 1-year cycle of growth, Wave 5 is expected to last 1.5 to 2 years, leading to a target date between Q3 2027 and Q1 2028.
3. Gann Angle Validation:
The 2x1 Gann angle intersects with the projected Wave 4 support levels at $488.94, reinforcing this as a key correction zone. The 1x1 Gann angle confirms $1,060 as a likely peak for Wave 5, aligning perfectly with the Elliott Wave target.
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**Key Predictions and Timeline**
1. Wave 4 Completion: Q3/Q4 2025, near the support zone of **$488.94** or $345.42.
2. Wave 5 Target ($1,060): Late 2027 to early 2028, driven by renewed market enthusiasm and a full cycle completion.
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Conclusion
The combination of Elliott Wave Theory and Gann Analysis provides a strong, validated framework for Tesla's long-term price projection. The confluence of these methods suggests a clear corrective phase in the near term, followed by a significant bullish rally to a new all-time high of $1,060. This analysis highlights the importance of aligning technical tools for accurate forecasting and offers a roadmap for traders and investors to anticipate Tesla's price movement over the next few years.
Disclaimer: This analysis reflects personal opinions and should not be considered financial advice. Always conduct your own research before making investment decisions.
GOLD FURTHER SELL OFF?! (UPDATE)I am expecting a ‘complex correction’ of the Elliott Wave Theory, to complete the correction on Gold. So a 5 Sub-Wave pattern (A,B,C,D,E). This correction should push the price down towards $2,240 roughly. We can then look to start buying Gold again at cheaper prices. At the most extreme, if the bigger institutional firms want to really shake people out of buying Gold before it creates new high’s towards $3,200+, I would not rule out the possibility of price dropping towards $1,960 as an extreme target.
CADJPY POSSIBLE SELLThe market is currently testing the current Weekly 0.618Fib area. Based on 4HR TF, the market seems to be forming a possible reversal pattern.
We could see SELLERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
USDJPY POSSIBLE SELLThe market is currently testing the current Daily area. Based on 4HR TF, the market seems to be forming a possible reversal pattern via price action.
We could see SELLERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
Technical Analysis of AAVE/USDT: Potential Wave PathThis analysis examines the wave structure of AAVE on the 4-hour timeframe. Based on Elliott Wave Theory and Fibonacci levels, the price appears to be in a corrective phase, with key support and resistance zones highlighted.
Key Insights:
Corrective Wave (ABC):
The price has entered a corrective movement in the form of ABC after completing the third bullish wave.
The support zone between $256–$235 is identified as a potential completion area for Wave 4.
Fibonacci Levels:
The 113% ($256.08) and 127.2% ($238.48) Fibonacci levels serve as key points for potential price reactions.
Wave 5 Completion:
Upon completing Wave 4 in the highlighted support zone, the price is expected to enter Wave 5.
The target for Wave 5 could extend beyond $500, depending on the strength of the bullish momentum.
Possible Scenarios:
Bullish Scenario:
If the price finds support in the $256–$235 zone and reverses upward, Wave 5 may initiate, continuing the bullish trend.
Bearish Scenario:
A breakdown below the $235 support zone, followed by consolidation, could alter the Wave 4 scenario and lead to increased selling pressure.
Conclusion:
AAVE is currently in a corrective phase, with the $256–$235 support zone serving as a critical level to watch for determining the next move. Traders should closely monitor price reactions at this level and utilize confirmation tools such as momentum indicators.
Share your thoughts in the comments, and don't forget to follow me for more detailed analyses!
In for a short here looking to add to my core long around 1.5I dont typicallyshort cryptocurrencies however based on where I want to add to my core XRP holding I'm sorting down to my first area of interest to add to.
Trading is simply taking calculated risk I'm happy with this risk.
You must too ask yourself the same question always.
Have a great weekend.
BTC short-term rebound under pressureBTC is currently in a downward channel adjustment. The double top of 100,000 points is under pressure. If it breaks above here, the short-term trend of BTC will turn from weak to strong.
The short-term level narrow range breaks down and rebounds to repair. The short-term resistance above is 97,600, which is also the pressure level on the upper edge of the upward channel. The short-term support below is 95,000. If this position breaks down, the price will test the 92,500 line.
On the current trend, BTC’s short-term rebound has offset the shrinkage. The upper range is suppressed in a narrow range. In terms of operation, it is still mainly rebounding and shorting.
Gold breaks through the upward channel
Gold ended its narrow adjustment trend in the Asian session after the opening of the European session today. The price continued to weaken in the short term. After a brief battle between long and short positions at 2625 in the US session, the price finally broke through the channel, announcing that the bears dominated the market.
It is expected that the market will enter an adjustment phase after short-term heavy volume weakening. The 2610 first-line support is at the bottom, and the 2625 first-line resistance is at the top.
Overall, gold's trend today is also in line with high-altitude trading expectations. Continue to short under the pressure of 2625 to be adjusted later.
MV/USD | Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# MV/USD | Stock Quote
- Double Formation
* 0.00950 USD | Completed Survey & Entry Settings
* Pennant Structure | 012345 & Wave Count | Subdivision 1
- Triple Formation
* Numbered Retracement | Uptrend Bias | Subdivision 2
* 012345 | Wave Entry | 0.01800 USD | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy