Gold price today.Gold extended its rally on Friday as U.S. inflation data further strengthened expectations for an interest rate cut later this year. At the same time, safe-haven demand surged amid growing concerns over geopolitical tensions in the Middle East, providing an additional boost to bullion prices.
A report released during the day showed U.S. producer prices remained unchanged in September, signaling a favorable inflation outlook and reinforcing hopes that the Federal Reserve will lower rates next month.
In this context, the PPI figures appear to favor the bulls in the precious metals market, suggesting that the Fed is still on track to proceed with its anticipated rate cut.
S-signal
Bitcoin Consolidates in Sideways Range. The chart illustrates a sideways movement, with Bitcoin’s price fluctuating within a range defined by the upper and lower bands of the Bollinger Bands. The support and resistance levels are clearly marked around $58,933.82 and $66,186.62, respectively. The price action is constrained between these limits, indicating a lack of momentum and a consolidation phase.
The EMA 34 and 89 are showing weak activity, reflecting the indecisiveness in the market, with no clear signs of a breakout either upwards or downwards. Until the EMAs show a stronger trend signal, the market is likely to remain in this sideways range.
In conclusion, the market is in a consolidation phase, and traders should wait for a breakout from the Bollinger Bands for a clearer direction.
Gold breaks the downtrend With RSI (14) additionally breaking the downtrend, evidently the fairly pessimistic image of the beyond month is turning into brighter for buyers, giving investors a caution of a retest of report highs. transaction. MACD has now no longer but showed the signal, even though it is displaying symptoms and symptoms of bottoming.
We noticed a small pullback throughout early Monday buying and selling in Asia, as costs retested the small uptrend from mid-September, which had furnished aid till broken. broke early closing week.
If the charge holds above this level, keep in mind shopping for above with a good forestall underneath to defend the goal push to a report excessive of $2,685.7. If it breaks, investors can search for a push to $2700.
💎 XAUUSD sell 2652-2654💎
✔️TP1: 2645
✔️TP2: 2640
✔️TP3: OPEN
🚫SL: 2660
💎 XAUUSD buy 2642 - 2640💎
✔️TP1: 2652
✔️TP2: 2665
✔️TP3: OPEN
🚫SL: 2633
USOIL Massive Short! SELL!
My dear followers,
This is my opinion on the USOIL next move:
The asset is approaching an important pivot point 75.44
Bias - Bearish
Safe Stop Loss - 77.07
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 72.67
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
TESLA The Target Is UP! BUY!
My dear friends,
TESLA looks like it will make a good move, and here are the details:
The market is trading on 217.76 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 234.79
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURUSD: Bullish Continuation & Long Trade
EURUSD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURUSD
Entry - 1.0935
Stop - 1.0877
Take - 1.1037
Our Risk - 1%
Start protection of your profits from lower levels
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NATGAS: Long Signal Explained
NATGAS
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long NATGAS
Entry Point - 2.628
Stop Loss - 2.519
Take Profit - 2.824
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EURUSD Massive Long! BUY!
My dear subscribers,
My technical analysis for EURUSD is below:
The price is coiling around a solid key level - 1.0935
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.1007
My Stop Loss - 1.0895
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
NATGAS Sellers In Panic! BUY!
My dear followers,
I analysed this chart on NATGAS and concluded the following:
The market is trading on 2.628 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.778
Safe Stop Loss - 2.529
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
USOIL: Bearish Continuation & Short Trade
USOIL
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short USOIL
Entry Point - 75.44
Stop Loss - 77.07
Take Profit - 72.31
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
BTCUSD Technical Analysis! SELL!
My dear subscribers,
This is my opinion on the BTCUSD next move:
The instrument tests an important psychological level 63257
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 62006
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
SPY A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for SPY below:
The price is coiling around a solid key level - 579.57
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 573.88
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
ETHUSDT : SELL or BUY ? The ETH/USDT chart reveals a clear long-term downtrend, with prices steadily moving within a descending channel. Here's a more detailed analysis and a trading strategy based on the current market setup:
Analysis:
Downtrend: Ethereum has been consistently forming lower highs and lower lows, indicating a strong bearish momentum.
Key Resistance: The price is approaching a crucial resistance level around 2,670 USDT, marked by the upper boundary of the descending channel. This area is likely to act as a significant barrier.
Projection: Given the overall bearish structure, it’s highly probable that the price will meet resistance at this level and resume its downward trajectory towards the lower boundary of the channel.
Trading Strategy:
Entry: Consider entering a short position as the price nears the resistance at 2,670 USDT. This area presents a strong opportunity to capitalize on the continuation of the bearish trend.
Take Profit: Target profit levels around 2,300 USDT, or potentially lower, towards 2,100 USDT, where the channel's support lies.
Stop Loss: A tight stop loss should be placed just above the resistance zone, around 2,700 USDT, in case the price unexpectedly breaks out to the upside.
Final Thoughts:
The market sentiment remains bearish for Ethereum, and this setup offers a compelling opportunity to ride the downtrend. As always, caution is key, but the technical signals here suggest that the bears are still in control, and this resistance could be a prime entry point for those looking to short ETH
BTCUSDT Trading Strategy Today. The 4-hour BTC/USDT chart shows a breakout from the downtrend, signaling a strong bullish trend.
Trading Strategy:
Entry: Buy when the price pulls back to the support area around 62,000 USDT.
Take Profit: Target 64,000 USDT or higher at 66,000 USDT.
Stop Loss: Set at 61,000 USDT.
The price may experience a slight pullback before continuing the upward momentum, so it's essential to monitor closely for the best entry.
SILVER: Local Correction Ahead! Sell!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 31.28041$
Wish you good luck in trading to you all!
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.
USDCHF Trading Opportunity! SELL!
My dear friends,
USDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.8576 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8530
Recommended Stop Loss - 0.8601
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
GBPCAD What Next? SELL!
My dear subscribers,
This is my opinion on the GBPCAD next move:
The instrument tests an important psychological level 1.7981
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.7908
My Stop Loss - 1.8029
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
EURUSD: Bullish Continuation & Long Signal
EURUSD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long EURUSD
Entry - 1.0932
Sl - 1.0881
Tp - 1.1031
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
AUDCAD My Opinion! SELL!
My dear friends,
My technical analysis for AUDCAD is below:
The market is trading on 0.9270 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.9222
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK