Silver - Another Textbook Trade For 2025!Silver ( TVC:SILVER ) is again approaching strong support:
Click chart above to see the detailed analysis👆🏻
Silver has now been consolidating for more than 6 months and is slowly but steadily approaching the previous horizontal support. Another retest would perfectly match with the overall bullish trend, the rising channel formation, as well as the fact that Silver will soon catch up with Gold.
Levels to watch: $27.0, $34.0
Keep your long term vision,
Philip (BasicTrading)
Trend Analysis
TESLA How further can it drop??Tesla (TSLA) has clearly overachieved since our previous buy signal (August 15 2024, see chart below), surpassing our $380 Target:
The last 3 weeks though has seen overdue weakness on the price action, which was delayed due to the U.S. elections aftermath. The deliveries miss is pulling the price back towards its fair value region and the 1D MA50 (blue trend-line), which has been intact since the October 23 2024 bullish break-out.
Tesla has been trading inside a Parabolic Channel for almost a year (since February 2024) and the level that has marked the strongest buy opportunities recently has been the 1D MA100 (green trend-line). Every contact on that level since the August 05 2024 Low, has been a solid buy entry.
Parallel to the 1D MA100 contacts, the 1D RSI tends to test its own Support Zone, whose bottoms are aligned and is an additional buy signal.
With regards to corrections within this Parabolic Channel, the two major ones have both been -32.65%, an amazing display of symmetry. If the current pull-back also follows that pattern and evolves into another -32.65% Bearish Leg, then it might make contact with the 1D MA100 around the $330 level. Unless the 1D RSI hits its Support Zone earlier, that is technically a fair value for Tesla in our opinion, where heavy buying may commence again.
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Dynamic Time Based Premium/Discount BTC day trade 1/1/25Today's chart is nice and simple, nothing crazy.
BTC for today has built its premium and discount zones based on time and price. NYO built the premium zone, and the True Daily open built the discount zone.
We are looking for price to push into the FVG located around 94,900. The reason it is that FVG because if you look closely, it will align perfectly with the blue quarter, so we should expect price to go up to that point between 9:30 and 11:00 am EST, followed by a drop down to the liquidity created beneath the True Daily open discount zone near 92,700.
Stop loss at 95,600.
PM Session should take us down gently towards the 92,700 take profit.
These dynamic prices are based on the dynamic time based premium and discount model theory and they are pretty accurate.
Happy trading.
Gold will continue to fall!Timeframes Analyzed:
- 1H Chart (Left): Price is trading within a descending channel, showing a clear bearish structure. The current movement has reached the upper boundary of the channel, aligning with a significant supply zone (marked in red). Additionally, the 0.382 Fibonacci retracement level reinforces this area as a potential reversal point.
- 15m Chart (Right): A closer look at price action reveals consolidation within the highlighted supply zone, indicating indecision and potential exhaustion of bullish momentum. A breakdown below the zone could trigger a continuation to the downside.
🔑 Key Levels:
- Resistance Zone: 2,627 - 2,628
- Support Levels: 2,615 (0.618 Fibonacci) and 2,610 (0.786 Fibonacci)
📉 Outlook:
The bearish bias remains intact as long as price respects the descending channel and fails to break above the supply zone. A rejection from this area could lead to a move toward lower Fibonacci levels or even test the bottom of the channel.
💡 Note: Monitor price action closely for confirmation before entering trades. A breakout above 2,628 could invalidate the bearish scenario.
AMP Looking at a Break out Soon
AMP - Great news coming down the pipe line for good ole AMP'y.
Partnering up with Coinbase and Regal Cinemas through the Flexa app, SPEDN.
***Allowing digital anonymous crypto payments anywhere anytime. Fast, Safe, and Secure.
This is a good one to jump on board with, lots of upward potential.
More companies jumping on board in the future as we move in to the Crypto revolution.
AMP - Looking at a break out, resting on the 0.618 Fib. After a unexpected whole market Christmas downturn, things are looking to turn around. A deeper wave 4 correction is not actually a bad scenario, usually means higher wave 5 targets in my book. Which is a good thing. I'm expecting something huge to happen in the crypto space as a whole, so better get your Moon Boots ready and buckle up!
Target 1: 0.019 to 0.024 (Get you some) around %160 increase from here
Target 2: 0.030
Target 3: MOON
Target 4: MOON
Target 5: MOON
Target 6: MOON
Redrew the symmetric triangle on QUBTRedrew the symmetric triangle on the 4 hour chart /w extended trading hours.
Could be fueled by hopium🦄, but I am still not pessimistic.
I guess today/tomorrow will be decisive and we should see something happening within that timeframe.
Any views on it are welcome, still learning :)
Best wishes for 2025 🚀🎊
XAUUSD LONGHappy New year traders. A new opportunity to achieve your dream life awaits.
This session i will be looking for the pullback in XAUUSD to enter long.
We are currently, completing a wave E in the expanding triangle, after which we will continue with the bearish trend.
Observation: the wave E can also fall short and not breakout of the triangle.
Trade safe everyone.
GOLD BULLUSHHello Everyone I hope you are doing well, Happy New Year 2025. Have a great year.
As you know gold has pumped 250 300 pips in startup of new year, like a crazy moment.
Gold has changed structure bearish to bullish, since it has touched the area of 2596.
Im still looking for a buy apportunity and I have found one more setup for gold buy.
Im gonna gold buy at the price of 2636, because there is a breakout and BOS. So that i will put buy orders.
ENTRY POINT : 2636 at the area of BOS
STOPLOSS AND TARGET : SL 2629 nd TP will be 2653
GOOD LUCK EVERY
PLEASE SHARE YOUR IDEAS ON THIS POST AND USE SL ON EVERY TRADE.
STAY TUNE FOR EVERY UPDATE.
XAU - SCALPING ! Waiting for retest entry point BUY 2626⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
China's manufacturing activity showed modest growth in December, while the services and construction sectors experienced a rebound. This suggests that policy measures are starting to impact specific areas as China braces for potential trade challenges linked to tariffs proposed by US President-elect Donald Trump.
Meanwhile, Reuters reported that Russia carried out a drone strike on Ukraine's capital, Kyiv, early on New Year's Day. The attack resulted in two fatalities, at least six injuries, and damage to buildings in two districts. Explosions echoed through the morning as Ukraine's air force issued warnings about incoming drones.
⭐️Personal comments NOVA:
The bulls have very good buying power, the possibility of reaching the 2653 area today is very high, if the retest entry 2626 will have a BUY signal.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2625 - $2627 SL $2622 scalping
TP1: $2632
TP2: $2638
TP3: $2645
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
Heading into pullback resistance?GBP/AUD is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support level which is an overlap support.
Pivot: 2.0273
1st Support: 1.0061
1st Resistance: 2.0391
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.
XAUUSD(Gold) in Bullish Trend .Hello dear friends check XAUUSD (Gold) signal here and share your ideas about it.
According to my personal opinions Gold will Bullish now until the given target.
Key Points Are Given Bellow .
🔑Key Points are Given Bellow.
✔️Resistance Zone 1/ 2637
✔️Resistance Zone 2/ 2651
📊Support Zone. / 2584
📌Target level is / 2690-91
✅ Stay Ahead in Market.
📌 Like ,Comment and follow for timely Updates.
BTCUSD ANALYSIS ( MUST READ CAPTION )Hello Trader's
Here's my BTCUSD analysis, share your opinion on this analysis in comment section, what do you think about BTCUSD today?
Key Points
Current price 93300
Resistance zone 1 97500
Resistance zone 2 99850
Target area 97500
Support zone 92400
My analysis believes that the price of ( BTCUSD ) will increase as soon as possible,
Follow me for more updates on BTCUSD and don't forget to share my idea with your friends and family
Happy new year to all in advance
XAUUSDXAUUASD Timeframe 4h : The chart suggests a possible approach towards the resistance zone where it might face selling pressure.
There are highlighted zones marking potential resistance (2,640) and support (2,560).
Based on these annotations, this chart seems to expect that after testing higher resistances prices may drop again toward lower supports.
USD/JPY - Sell Limit Opportunity After Liquidity GrabUSD/JPY has reached a critical liquidity zone above resistance, setting up a strategic sell limit opportunity. This price action indicates that the market has cleared stop-losses and may be poised for a bearish reversal.
Key Observations:
Liquidity Grab: Price spiked above a key resistance level, triggering stop-losses and trapping breakout buyers.
Market Structure: Early signs of bearish rejection and weakening momentum suggest potential downside movement.
Optimal Entry: A sell limit at aligns with the liquidity sweep and anticipated reversal zone.
Trade Plan:
Entry: Sell limit at , targeting a reversal from the liquidity zone.
Stop Loss: Above the recent liquidity sweep to account for market volatility.
Take Profit: Targeting support levels around to maximize the risk-reward ratio.
Risk Management:
This setup leverages the liquidity grab to identify a high-probability trade. Employ strict risk management and ensure proper position sizing. Monitor for confirmation of bearish intent before executing.
GOLD CorrectionGOLD is in an ascending channel above the trend lines.
The price has already reached the upper boundary of the channel and the resistance level.
The chart is overbought on small timeframes and has already formed a harmonic pattern.
Share your opinion in the comments and support the idea with a like. Thanks for your support!
XAUUSD SIGNAL HERE [ READ CAPTION ]Hello traders and traders here
XAUUSD signal Must Share your opinion
About it From my personal analysis GOLD will Bullish
Now until my given Targets let’s Follow it now,
Technical Targets,
Target: 1 2636,
Target: 2 2627,
Stop Loss: 2655
Follow for more XAUUSD Signals