Fri 4th Apr 2025 XAG/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAG/USD Sell. Enjoy the day all. Cheers. Jim
Trend Analysis
Gold retreats but remains supported by macro tailwindsXAUUSD pared recent gains following a retreat below the channel's upper bound and resistance at 3150. The price remains in an uptrend, holding above the Ichimoku Cloud and within the ascending channel. However, should the price experience a retracement, a throwback to the 3050 support may occur. Conversely, regaining its bullish momentum and closing above 3150 could prompt a further rise to the following resistance at 3220.
Gold pulled back sharply from record highs after Trump's tariffs excluded precious metals, easing immediate supply concerns, but the broader backdrop remains favorable. Central bank buying, expectations of rate cuts, and persistent geopolitical risks underpin demand, even as short-term profit-taking kicks in. While volatility may persist, the metal's role as a hedge against inflation and economic uncertainty keeps its long-term bullish case intact.
By Li Xing Gan, Financial Markets Strategist Consultant to Exness
GOLD Bullish Trend Continues After FVG Test🟢 GOLD is maintaining strong bullish momentum after successfully testing a Fair Value Gap (FVG). A Break of Structure (BOS) confirms the uptrend, with higher lows forming—a clear sign of continuation.
📊 Analysis:
✅ Bullish Trend: The price structure confirms an uptrend with higher highs and higher lows.
✅ Fake Reversal Break of Structure (BOS): A key level has been broken, signaling reversal but based on current momentum that follows it shows Buyers continued strength.
✅ FVG Test Success: Price respected the Fair Value Gap, reinforcing buying pressure.
✅ 🎯 Target: , aligning with .
✅ 📈 Momentum: Strong upward drive suggests further gains ahead.
🔮 Potential Scenario:
The price is likely to continue climbing, forming a new higher high toward the target level.
📢 Confirmation Signals to Watch:
📌 Volume: Increasing volume on bullish moves.
📌 Candlestick Patterns: Bullish signals at key support levels.
📌 Moving Averages: Price holding above critical moving averages.
📌 🚨 Disclaimer: This is not financial advice. Trade responsibly and conduct your own research.
🔗 Tags:
#GOLD #XAUUSD #Bullish #TechnicalAnalysis #TradingView #FVG #BreakOfStructure #TrendAnalysis #PriceAction #MarketAnalysis
OptionsMastery: Looks like a good buy on GOOGLE!🔉Sound on!🔉
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Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
EUR-AUD Free Signal! Buy!
Hello,Traders!
EUR-AUD is trading in a
Strong uptrend and the
Pair made a bullish breakout
And a retest of the key
Horizontal level of 1.7420
And is going up now so
We can enter a long trade
On a local pullback with
The Take Profit of 1.7551
And the Stop Loss of 1.7362
Buy!
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Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
OptionsMastery: Looking at a H&S on VST! 🔉Sound on!🔉
📣Make sure to watch fullscreen!📣
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Bitcoin Wave Analysis – 3 April 2025
- Bitcoin reversed from resistance level 87785.00
- Likely to fall to support level 78650.00
Bitcoin cryptocurrency recently reversed down from the resistance level 87785.00 (which stopped wave A at the end of March), intersecting with the daily down channel from January and the upper daily Bollinger Band.
The downward reversal from the resistance level 87785.00 will form the daily Japanese candlesticks reversal pattern Evening Star – if the price closes today near the current levels.
Bitcoin cryptocurrency can be expected to fall to the next support level 78650.00 (which has been reversing the price from February).
Weekly bias (weekly price action)What is Weekly Bias in Trading?
Weekly bias is just a way of figuring out which direction the market is likely to move over the course of a week. It helps traders decide whether they should be looking for buys or sells, making their trades more in sync with the market’s momentum.
How to Figure Out Weekly Bias
1. Last Week’s Close:
- If last week’s candle closed bullish, the market might continue up.
- If it closed bearish, there’s a good chance it keeps dropping.
2. Market Structure:
- Uptrend (higher highs & higher lows) = Bullish bias.
- Downtrend (lower highs & lower lows) = Bearish bias.
3. Support & Resistance:
- Price bouncing off a strong support? Buyers might step in.
- Price rejecting a major resistance? Sellers could take control.
4. Moving Averages (MAs):
- i dont use indicators but some traders use them and they work
5. News & Fundamentals:
- Big economic events (like interest rate decisions or inflation reports) can shift the market’s direction for the week.
Why Does Weekly Bias Matter?
- Intraday traders can use it to confirm trades on smaller timeframes.
- Swing traders rely on it to hold positions for days.
- Scalpers might not need it as much, but trading in the same direction as the weekly bias can improve win rates.
focusing on the bigger picture can help to identify quality trades
BITCOIN RISKY LONG|
✅BITCOIN fell down sharply
But a strong support level was hit at 81,200$
Thus as a rebound is already happening
A move up towards the target of 82,800$ shall follow
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
RCL Eiffel Tower CAUTION!RCL is in a very capital-heavy industry that is very economically sensitive.
Normally I would say from erections some corrections. However this has the Eiffel Tower structure in place for a full-on reversal. That remains to be seen. For now, we look for at least a correction and go from there.
Caution is in order if you are long.
DKNG Update | Second Fractal | Extended TargetsPrice action looks very similar to the '23 Q3 play where we saw a double bottom move taking off from $26 - $49 which is also the ABC move that carried the 3rd impulse wave of the original fractal.
We're still in correction wave 4 and are about to start wave 5 shortly from now to July.
It's possible we could see price action higher than $74 based on the new fractal overlay and with the help of the fib extension.
CADJPY BUY**📈 Key Long-Term Zone and Bullish Signal in Progress 🚀**
We are observing a **long-term key zone around 102**, which is acting as a **market support**. Additionally, there is a **support/resistance zone around 104**, which the pair has successfully broken and is holding above.
✅ **Downtrend TL broken**
✅ **Other technical signals aligned**
Everything suggests that the **pair is moving upwards**. A **pullback towards 103** could be an interesting area to watch.
👀 **Keep a close eye on this! Good luck, everyone!** 🚀📊
---
Still Holding Despite Trump’s Volatility Impact**
Trump’s speech caused **significant market nervousness and volatility**. Despite this, **my position on CADJPY remains open**.
➡️ **Staying alert to market reactions** and how the pair behaves in response to this uncertainty.
➡️ **My trading plan remains unchanged for now**, so I’ll keep following the setup.
💬 **How are you managing this sudden volatility?**
Long EURUSD retest of breakout levels
Macro outlook for the remainder of the week
Upcoming News
US NFP at 430pm Fri
USD downside
Bad NFP report
USD upside
Good NFP report
News review
Liberation Day - Full-scale tariff were definitely not a good thing for the USD as investor fear of it causing a recession is currently outweighing the potential of keeping interest rates high to prevent inflation from running hot. Price has voted this way, so let's keep with it. The risk to this thesis is if Powell comes out and convinces the market that he will focus on inflation over all else and take a hard stance similar to volcker. Then we switch fundamental views.
Technical view
Breakout of the previous levels at 1.0954
With NFP coming up, I'm looking for a retrace back to near the breakout level before it, then take a high RR bet for the trend to continue to the upside.
Timeframe of bet → Till Friday around NFP
Price level of interest → 1.099 to 1.0954
Execution
Price alert set
Look for price to touch the area, and reverse
SL: 1.093 for now. Will be determined based of reversal candle and what's the low of the retracement move.
TP: Highs of 1.11
Results of ideas thus far:
Number of trades: 1
WR: 0%
Profit: -0.1R
Notes: This is currently for personal practice to write out trade ideas. Feedback is welcome, and please don't mind if none of this makes sense.
Expand Energy (EXE) – Fueling Growth in the LNG BoomCompany Overview:
Expand Energy NASDAQ:EXE is strategically positioned near the Gulf Coast, enabling it to capitalize on rising global LNG demand with a disciplined growth strategy.
Key Catalysts:
$2.7 Billion Capital Plan (2025) 💰
$500M for debt reduction & share buybacks, improving financial flexibility.
Balances growth investments with shareholder returns.
Production Expansion 📈
2024: 6.41 Bcfe/d
2025: 7.1 Bcfe/d 🚀
2026: 7.5 Bcfe/d 🌍
Scalable drilling & infrastructure investments enhance efficiency.
Strategic LNG Market Positioning ⚡
Located near key export hubs, maximizing access to high-demand markets.
Flexible capacity investments ensure adaptability to pricing trends.
Investment Outlook:
✅ Bullish Above: $95.00-$96.00
🚀 Upside Target: $140.00-$145.00
📈 Growth Drivers: LNG market demand, financial discipline, and production scalability.
🔥 Expand Energy – Driving the Next Wave of LNG Growth. #EXE #Energy #LNG
Nano Nuclear Energy – Pioneering Next-Gen Small Modular ReactorsCompany Overview:
Nano Nuclear Energy NASDAQ:NNE is revolutionizing clean, compact nuclear power with small modular reactors (SMRs), addressing data centers, remote sites, and disaster relief energy needs.
Key Catalysts:
ZEUS Microreactor Development 🚀
Successfully assembled first hardware, marking a key milestone toward commercialization & revenue generation.
Patent-Backed Innovation 🏆
Filed four new patents in February 2025 for its Annular Linear Induction Pump (ALIP).
Strengthens NNE’s edge in molten-salt & liquid-metal reactor technology.
Surging Global Electricity Demand ⚡
Aligns with the growing need for cost-effective, sustainable energy solutions.
Ideal for off-grid, military, and high-demand industrial applications.
Investment Outlook:
✅ Bullish Above: $21.50-$22.00
🚀 Upside Target: $44.00-$47.00
📈 Growth Drivers: Breakthrough SMR tech, patent leadership, and clean energy demand.
🔥 Nano Nuclear – Powering the Future, One Microreactor at a Time. #NNE #NuclearEnergy #CleanTech