Longsetup
Gold sideways - large range 2605 - 2682! next week ✍️ NOVA hello everyone, Let's comment on gold price next week from 10/14 - 10/18/2024
🔥 World situation:
Gold surged over 1% on Friday, with the metal on track to close the week with a modest 0.20% gain, following inflation data and Thursday's Consumer Price Index (CPI) report, which slowed the US Dollar’s advance. Currently, XAU/USD is trading at $2,658.
Mixed economic data supported gold's rise. The US Bureau of Labor Statistics (BLS) reported producer prices close to expectations, signaling inflation is declining but still above forecasts. Meanwhile, the University of Michigan's October Consumer Sentiment showed a decline, reflecting concerns about higher living costs.
🔥 Identify:
After gold broke the H1 downtrend, there was a recovery above 2650. Still in the long-term H4 uptrend. However, there is a high possibility that it will still move sideways to accumulate more in October (price range 2605-2682).
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2682, $2700, $2710
Support : $2629, $2605, $2575
🔥 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
- The winner is the one who sticks with the market the longest
$MBLY MASSIVE SHORT SQUEEZE / SYMMETRICAL TRAINGLE BREAKOUT!!!!!NASDAQ:MBLY IS 31% SHORTED AND HAS A SHORT FLOAT OF 16-17% ON THE SHARES OUTSTANDING!
WE ARE GEARING UP FOR A MASSIVE SHORT SQUEEZE ALONG SIDE SYMMETRICAL TRIANGLE BREAKOUT!!!
Mid-September Playout = Mid-October 11 DAY SETUP!
- Bounced off 25/50 SMA AND started a Symmetrical Triangle.
- Ran 17.8% into 200MA Resistance
- Pulled back 7.05%
- Bounced off 50MA, Ran 19.33%
- Pulled back 14.37%
- Then Ran 25.77% BEFORE GIVING IT ALL BACK DOWN TO SYMMETRICAL TRIANGLE BOTTOM
These price targets (PT) and pull backs (PB) are based off Mid-September Playout and a breakout of the Symmetrical Triangle pattern!
UNDERSTAND! WHEN THIS THING BREAKS UPWARD OUT OF THE SYMMETRICAL TRAINGLE WE COULD HAVE AN EPIC SHORT SQUEEZE HIGHER TO $20+ !!!!!
Also, there is a GAP to fill at $20.01 if you want to play the longish game on this one!
PRICE TARGETS AND PULLBACKS LISTED BELOW:
PT1: $13.77
PB1: $12.80
PT2: $15.27
PB2: $13.07
PT3: $16.45
PB3: $13.15
Not financial Advice! Good luck!
JASMY ANALYSIS📊 #JASMY Analysis
✅There is a formation of Descending triangle pattern on daily chart 🧐
Pattern signals potential bullish movement incoming after a breakout
👀Current Price: $0.01950
🚀 Target Price: $0.03150
⚡️What to do ?
👀Keep an eye on #JASMY price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#JASMY #Cryptocurrency #TechnicalAnalysis #DYOR
Break ! Gold recovered unexpectedly after CPI news⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices regained some ground on Thursday, rising 0.67% during the North American session following a hotter-than-expected US inflation report, balanced by weaker jobs data. However, hawkish remarks from a Federal Reserve (Fed) official limited gold’s gains. XAU/USD is trading at $2,624, rebounding from a daily low of $2,603.
While US inflation for August was slightly higher than anticipated, soft job data provided some relief. The US Department of Labor reported more unemployment claims than expected, raising the possibility of more aggressive Fed rate cuts.
⭐️Personal comments NOVA:
Gold price creates CHOCH in H1 frame - structural change from decreasing to increasing. Gold price recovered. Pay attention to the resistance zones: 2652, 2668
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2628 - $2626 SL $2623 scalping
TP1: $2634
TP2: $2640
TP3: $2650
🔥BUY GOLD zone: $2605 - $2603 SL $2598
TP1: $2615
TP2: $2622
TP3: $2633
🔥SELL GOLD zone: $2668 - $2670 SL $2675
TP1: $2660
TP2: $2650
TP3: $2640
⭐️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
- The winner is the one who sticks with the market the longest
RENUSDT 1:1 Long Setup SettingBINANCE:RENUSDT
CRYPTO:RENUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.03480
0.03530
0.03603
0.03693
🔴SL:
0.03163
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Alikze »» SOL | Wave 3 or C scenario - 4H🔍 Technical analysis: Wave 3 or C scenario - 4H
- It is moving in an ascending channel in the 4-hour time frame.
- It is currently in wave 3 or c, which can continue its growth up to the top of the channel.
- A zigzag correction is observed in the corrective microwaves at the bottom of the channel, which has moved a three-wave towards the supply range.
- After that, a 5-wave correction has extended to the bottom of the channel in the golden zone.
- Wave a has a three-wave cycle and wave b has a five-wave cycle.
- Therefore, wave c can extend to the region of the roof of the channel and the red box.
💎 According to the structure, the minimum growth up to the first supply area, the middle range of the channel and after its failure up to the second red box, the ceiling of the channel can continue its growth.
⚠️ In addition, if the region 133.181 is touched, the bullish scenario will be invalidated and should be updated again. ⚠️
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
KUCOIN:SOLUSDT
Very Good buying Area in ENSUSDT to make atleast 15%
the pink zones are Monthly zones
and purple for weekly
i belive this weekly zone inside the monthly zone
is a very good price to but
and the price will ladder upwards from here
as you see my stoploss is under the weekly zone
if this zone breaks we are going down , if the price intend to go high
and ladder up it will use this zone so thats why we should but.
Good luck to all of you guys lets see what happens in next weeks.
GBPUSD: The sellers still have the upper hand.Currently, GBPUSD is moving around 1.305 at the beginning of the weekend trading session with the weakness continuing since the beginning of the week.
Although there is a recovery, it is only short-term and is a trend correction. With a strong reversal from the EMA 34, 89, this currency pair is still heavily influenced by the technical selling sentiment.
In the short term, we expect to continue to prioritize selling with the profit-taking target right at the limit of the downtrend line marked on the chart.
EURUSD should buy or sell?Hello everyone!
EURUSD is currently following my previous prediction as it is in a deep decline, hovering at 1.098 and breaking out of the support level of 1.101.
With 3 deep declines and breaking out of 3 support levels, sellers continue to profit. Therefore, I expect it to continue moving down at least to the lower price channel, as indicated by the flat EMA for shorting.
Happy trading and don't forget to share your opinions in the comments section!
AVAX ANALYSIS🔮 #AVAX Analysis
💲💲 As we can see that there is a formation of small descending channel in #AVAX. We would see few more bearish move and then a pullback.
💸Current Price -- $25.53
📈Target Price -- $29.00
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#AVAX #Cryptocurrency #Breakout #DYOR
WIF ANALYSIS🔮 #WIF Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #WIF. It's a daily time frame breakout and we will see more higher price in long-term. Already a successful retest is done, we woulf see proper a rally in few days 📈📈
💸Current Price -- $2.378
📈Target Price -- $3.813
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#WIF #Cryptocurrency #Breakout #DYOR
XAUUSD: Continues to fall furtherHello dear friends, nice to meet you in today's gold price race!
Today, gold has not changed much, mainly fluctuating around the $2600 mark, and the downtrend is still dominant.
The metal is under pressure as the USD starts to regain strength. On the analytical chart, the price has dropped below the support level of $2625. The 4-hour chart shows the possibility of this downtrend continuing soon. With the acceptance of the falling wedge resistance and the reaction at the EMA 34 confirmed, we may not see any significant support until $2575.
How do you think gold will perform in the coming time?
LUNR IM-2 Launch upcoming in January 2025The privately held Intuitive Machines, LLC, became a public company after merging with a special-purpose acquisition company, Inflection Point Acquisition Corp., in February 2023. The company is listed on the Nasdaq, incorporated in Delaware. On February 22, 2024, the Odysseus IM-1 spacecraft landed on the Moon. It was the first privately built craft to land on the Moon, and the first American spacecraft to do so since 1972. The Odysseus lander fell on its side when landing, but its instruments remained partially functional (albeit with a reduced downlink capacity), so the mission was judged successful. ( WIKIPEDIA )
This company is picking up momentum and creating higher support while enjoying increased volume for the past three months. It looks like this stock seems to climb during the period when they have a space mission or achieve a new contract. Recently they achieved a Contract worth 4.8 Billion Dollars USD with NASA which is a serious contract and not something to be taken lightly. This contract opens up additional revenue opportunities with other companies. Intuitive Machines is increasing REVENUE YOY at a compounding rate, and has seasoned experienced executives in almost every position of leadership. The company is very motivated and explanatory with their products, and you can access user manuals on their technology. It looks like a very legit company that plans on being around for the next space age and further. They have technology in space communications that could possibly be adapted for satellites that transmit signals to earth as various companies are switching to satellites for cellular tech. Inutitive machines market cap is roughly 915.29 Million USD. Their contract is worth 4.8 billion dollars.
www.reuters.com
Following the launch of IM-1, Intuitive Machines' stock surged 35% in one trading day, rising 75% total by Friday, February 16.
Intuitive Machines’ stock sank 32% after the Odysseus moon lander fell on its side on 23 February 2024.
This stock is a great buy for stability while also offering potential for break outs to scalp shares and sell to play short term trends, while going up in the long term. The stock offers consistent news and they are very motivated to become a Space power house for the USA.
BTC Primed for Explosive Wave 3 Rally: All-Time Highs in Sight?BTC looks to have completed its ABC correction for Wave 2 in the short-term impulse wave. The correction landed perfectly on the 0.618 Fibonacci retracement level, a textbook setup for an ABC pattern. With this, BTC is now entering Wave 3, which historically offers the strongest price movements.
In the immediate term, BTC is poised to break through Waves 1 and 2 of 3 quickly. But the real fireworks will likely come when we hit Wave 3 of 3, which could push BTC up to as high as $68k—a target that’s been on the cards for some time. If we manage to break through the upper trendline during Waves 4 and 5 of the higher degree trend, BTC could be set for new all-time highs within the next few weeks.
With all eyes on this setup, it feels like November 5th could be a pivotal moment for BTC. Let’s see how the market unfolds, but it’s looking very bullish!
Gold Faces Major Resistance, Risk of Deeper DeclineGold is currently fluctuating around $2,614.145, sitting below key resistance levels at $2,650.165 and $2,624.195. These are significant barriers that buyers need to break through to sustain the upward momentum.
However, with the EMA 34 and 89 lines positioned above the price, selling pressure remains dominant, reinforcing the current downtrend. If these resistance levels cannot be breached, gold may face a deeper correction, potentially falling to the support level of $2,604.393 and further down to $2,576.672 if selling pressure persists.
Geopolitical tensions in the Middle East, along with key economic news from the U.S., are fueling strong market volatility, making investors increasingly cautious.