Excellent re-Buy opportunities deliveredTechnical analysis: Gold reached my personal maximum of #3,702.80 - #3,705.80 once again as the Price-action didn’t invalidated Daily chart’s solid Ascending Channel to the upside and is now testing the Lower High’s Lower pressure point. However, #3,652.80 benchmark represents very strong Support zone as I see strong possibility of Gold reversing there many times ahead without breaking it (after such decline on late U.S. session / post Fed conference), as Investors, after #4th in a row report announcement which missed their estimate, should draw capital from riskier assets to safe-havens such as Gold / I doubt Gold has more potential to trend Lower on Short-term. Bond Yields are soaring as well due to the Fed’s Repurchase Agreements, which are making Low risk assets such as Bond Yields and Gold counterbalancing the trend on DX. The current Buying accumulation pattern on Hourly 4 chart is now on total Neutrality but attempting to break towards last week’s Higher High's, DX (# +0.02%) is Bearish as well as the Bond Yields (# +1.27%) are rising with every Hourly candle within current recovery which hit local High's and aggressively reversed. Current Fed loan climate is Gold friendly as additional Rate tightening will make commodities (Gold especially) to gain even more regarding Medium-term horizon and DX will suffer. Price-action is on very cautious sentiment.
My position: I continue Trading with my re-Buy orders from my key entry points as I have Bought each local Low's Gold delivered throughout yesterday's session plus Profits Buying Gold before Rate event as I was confident that Rate cut will be delivered where Gold should gain and DX lose.
Trend Analysis
GBPUSD | BUY 2 SELL SETUP with confirmation price has Tapped a daily Supply so we might see price falling
HTF setup breakdown coming
I have A BUY 2 SELL setup on GU
since price swept through yesterdays low and made a reversal CHoCH
i will buy and sell once price get to that area of interest
so make do of the information how ever you want
DOGECOIN BREAKOUT CONFIRMED BULLISH DOGEUSDTDOGECOIN 🚀 Breakout Confirmed – $1.15 on the horizon
One month ago we highlighted DOGE’s 1D Golden Cross (first in 9 months) inside the 2Y Bullish Megaphone. Now the breakout is confirmed ✅.
Historically, these Golden Cross rallies peak near the 3.618 Fib extension — projection still points at $1.15 before year-end 🎯.
Kaizo precision. Bullish phase unleashed 🥷🔥
$WUSDT Breakout: 269% Potential Ahead!$W just broke past a major resistance level, setting its sights on 0.4075, which could mean a massive 269% Gain.
After a long downtrend, it's finally showing some serious bullish momentum.
If this continues, we could see some big moves heading into October.
DYOR, NFA
EUR/USD Breakout PullbackUSD has rallied since the Fed's rate cut announcement yesterday and that bullish DXY move continued through Thursday. If looking for USD-strength to continue, USD/CAD and perhaps even USD/JPY remain in order, but this setup is for those looking for USD-weakness to prevail.
In that case, there's how a pullback in EUR/USD following the breakout from the bull pennant and inverse head and shoulders formation. Support has so far shown right around the 1.1748 level, which I've been highlighting in these posts over the past few months as this is the 78.6% Fibonacci retracement of the 2021-2022 major move. Given last week's reaction at ECB, that support potential could even be spanned down to 1.1686 which is the 76.4% retracement, and around where buyers had stepped in to hold higher-lows a week ago.
If looking for USD-weakness, EUR/USD remains attractive, as does GBP/USD. - js
Altcoins are breaking out !The Total Cryptocurrency Market Cap (excluding BTC) is breaking through its major resistance! 🚀
🤯 For 52! months, since the previous peak, Altcoins couldn’t break the $1.5T mark — and now we’re finally seeing a confident breakout above this level. 📈
🔙 Last time, after breaking $300B, the market cap rallied for three straight months, growing 4x.
How much it will multiply this time, we’ll find out very soon. 👀
Hold your bags tight — but don’t overstay your welcome! Remember, greed is the number one enemy. 🐋
BE AWARE OF 118K BTC REVERSALMorning folks,
here is just a light update on situation. BTC now stands at 118K resistance area and here it could either to keep going higher, or, start forming the right arm of our bigger H&S pattern.
Just watch for signs of reversal, say H&S pattern here is possible. Depending on what you want to do - either wait (if you bullish) or you could use it (bearish).
start to correct down, back to 3618⭐️GOLDEN INFORMATION:
Gold (XAU/USD) consolidates after retreating from record highs above $3,700, reached following the Fed’s dovish rate cut. The central bank signaled two more reductions this year, keeping bullion supported in Thursday’s Asian session. Heightened geopolitical risks from the Russia-Ukraine war and Middle East tensions further underpin safe-haven demand.
At his press conference, Fed Chair Jerome Powell framed the move as a “risk management cut” and downplayed urgency for aggressive easing. This helped the US Dollar (USD) extend its rebound from multi-year lows, capping gold’s upside. Still, the broader backdrop favors bulls, with any dips likely to attract fresh buying
⭐️Personal comments NOVA:
The market started to correct down after reaching ATH 3707, the interest rate reduction result was as expected. Pressure to close profits this week
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3678- 3680 SL 3685
TP1: $3670
TP2: $3660
TP3: $3650
🔥BUY GOLD zone: $3618-$3620 SL $3613
TP1: $3630
TP2: $3640
TP3: $3655
⭐️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
Gold peaks and continues to fall!
Today is Thursday, September 18th. Has gold fallen? We've been emphasizing from the weekend, last weekend, and even yesterday that the peak for gold is just above the 3700 mark, with the upper limit at 3750. The moment the Fed cuts interest rates, gold will fall. We've been saying this over and over again. I wonder if you've listened!
I remember emphasizing in videos and articles at the beginning of the month, around September 1st, that gold would remain bullish until the Fed's interest rate decision on September 18th. The turning point for this round of bullish and bearish sentiment was around the September 18th decision. Those who listened carefully definitely made money during this period.
Yesterday, after the Fed data was released, gold prices fluctuated wildly, hitting a low of 3651, a high of 3707, and finally a sharp dive to 3646. Are there any investors who are waiting in the wings? The main reason for yesterday's bull-bear market shakeout in gold was the influence of Powell's speech: one moment, he said that job growth has slowed and downside risks are increasing; the next, he said that inflation has recently risen, but remains slightly elevated. Therefore, gold's volatility is erratic. Because such statements are subject to significant uncertainty and contingency, the market is bound to be unstable and risky, so avoid them if possible.
Gold is a product driven by both technical and news factors. Experience is crucial. We've seen all sorts of ups and downs, right? When should we trade and when should we not? You've only been in this market for a few days, while we've been in it for years. Don't question my expertise with your speculation.
Many people keep asking: Why did gold fall instead of rise after the Fed cut?
The key lies in whether this bull market has completed. From 3313 to 3700, the price has risen by nearly $400, exceeding historical gains for the same period. Upside potential is limited. Expectations of a Fed rate cut have already been fulfilled, and the actual implementation will be the time for bulls to take profits. If you're still foolishly waiting for a rate cut to become bullish, it's already too late.
Next, gold will undergo a bullish correction. Once the correction is over, the next bullish rally will begin. There are two key support levels to watch below: 3580 and 3550. The extreme retracement level is 3511.
As for gold today, a bearish outlook is definitely in order. The rebound to the 382 resistance level at 3670 at 7:30 this morning was a reason to go short, but it was so early in the morning that many people may not have reacted. Now that it has fallen below the early morning low of 3645, a rebound could lead to a second bearish trend, with the possibility of a continued decline. Support below is around 3626-3615, and the potential downside limit for today is estimated to be around 3600.
Hellena | Oil (4H): SHORT to support area of 60 (Wave 3).The price is still not reaching the target of 60. I decided to make a new forecast, slightly changing the labeling of waves, or rather their importance.
At this stage, as before, I think that the price will reach the area of the level 60 in the middle wave “3”.
This movement is the development of the big corrective wave “C”. In general, the plan remains the same.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
How to operate the layout and don’t miss the golden opportunity!News: As expected, the Federal Reserve cut interest rates by 25 basis points on Wednesday and hinted at two more cuts this year, pushing gold to a record high above $3,700. The dollar's rebound from multi-year lows and rising Treasury yields have put some pressure on gold prices. The latest dot plot suggests another 50 basis point rate cut before the end of the year, but Powell expressed caution about the pace of rate cuts. The long-awaited moment has finally arrived. Despite persistently high inflation, the Fed has clearly shifted its policy focus to achieving full employment. The median forecast for the next two years indicates that the Fed plans to cut interest rates by 25 basis points each year. The forecast range for the end-2026 interest rate is 2.6% to 3.9%. Policymakers expect the unemployment rate to reach 4.5% in December this year and fall to 4.4% by the end of 2026. The market will then focus on Thursday's economic data, including US initial jobless claims and the Philadelphia Fed manufacturing index, as well as policy moves from the Bank of England and the Bank of Japan, which may cause short-term fluctuations in gold prices.
Gold Trend Analysis: Gold's bullish trend remains intact, and the overall outlook remains bullish, but there is still a risk of medium-term correction. Therefore, when trading, consider waiting for a pullback to go long. After the ups and downs of Monday, Tuesday, and Wednesday this week, gold has twice tested the 3707 high, only to experience significant pullbacks after both attempts. In particular, after the Federal Reserve's interest rate decision, market buying sentiment subsided, and gold fell to a low of 3645. Therefore, it is unlikely that gold will continue to rise in the short term, or even break new highs. Therefore, gold is likely to experience a period of volatile correction in the near term, and there is no need to overestimate the market after the interest rate decision.
From a technical perspective, the daily chart closed at a high level, but failed to break through the unilateral moving average support. Therefore, it is unclear whether gold will reverse its trend. At most, it is showing signs of weakening, forming a high-level consolidation. The key support level below is 3620. A break below 3620 and a series of daily declines, breaking through the unilateral moving average, would indicate potential for a significant decline. The H4 Bollinger Bands are currently converging, with the moving averages converging, indicating a very clear volatile trend. The support point between the lower Bollinger Band and the 60-day moving average is near 3635. Unless this level is broken, it will be difficult to pull the lower Bollinger Band apart, leading to a unilateral decline. Gold surged and then retreated, reaching a low near 3645. Therefore, support points below are very clear, with 3635 and 3620 as key support points. Assuming the overall trend remains unchanged, the principle of buying on dips to key support points is bullish. Focus on 3675, 3690, and 3710 above. Thursday and Friday are likely to see continued high-level fluctuations in the bullish trend.
XAUUSD (Gold) Analysis - Bullish Continuation From Support.📍 Current Price: 3658
I am looking bullish from 3651, which aligns with a strong support + trendline zone.
🛑 Stoploss: below 3651 support.
➡️ If price breaks 3651, then the next support is 3640.
🎯 Targets:
First Target: 3685
Second Target: All-Time High (ATH)
📌 Reason for bias:
Price is holding above support.
Technical confirms bullish trend.
Fundamentally, the Federal Rate Cut of 0.25 basis also supports bullish momentum in gold.
If you find this analysis helpful, don’t forget to hit the 👍 Like button and share your thoughts below.
Regards: Forex Insights Pro.
#XAUUSD #Gold #Forex #Trading #PriceAction #DayTrading #Fundamentals #TechnicalAnalysis
Is Nvidia preparing for a retracement?On July 23rd I posted a chart suggesting that Nvidia had topped (at my green T1). Since then Nvidia has stalled at my T1 range for the past 2 months.
Question remains, will Nvidia retrance from here as anticipated? What do you think, I'd like to hear from you, to gauge sentiment.
May the trends be witht you.
ASX200 to find buyers at market price?ASX200 - 24h expiry
Posted a Double Bottom formation.
A Morning Doji Star formation has been posted at the low.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Previous support located at 8780.
Setbacks should be limited to yesterday's low.
50 1day EMA is at 8788.
We look to Buy at 8781 (stop at 8721)
Our profit targets will be 8961 and 8991
Resistance: 8815 / 8854 / 8890
Support: 8726 / 8700 / 8650
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BITCOIN 1W BULLISH CROSS EYES 173$Bitcoin’s 1W Stoch RSI Bullish Cross eyes $173K
Bitcoin (BTCUSDT) has just confirmed another 1W Stoch RSI bullish cross (marked by the red arrows), a signal that historically preceded explosive rallies in this cycle. Each previous cross delivered gains between +64% and +107%, and price is once again bouncing above the long-term 1W MA200 & MA100 supports.
If the pattern repeats, BTC could extend toward the projected target of $173,857, aligning with the next parabolic leg of the bull cycle. Momentum structure and moving averages confirm the continuation of the macro uptrend.