Chart Patterns
XAU/USD "GOLD vs US Dollar" Metal Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the XAU/USD "GOLD vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a short trade at anypoint.
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest high level.
Goal 🎯: 2586.00 or Before
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Fundamental Outlook 📰 Economic Factors
US Interest Rate Hikes: The Federal Reserve's potential rate hikes in 2025 could increase the opportunity cost of holding gold, making it less attractive to investors.
Stronger US Dollar: A stronger US dollar could make gold more expensive for holders of other currencies, potentially reducing demand.
Improving Global Economic Growth: If global economic growth improves, investors may shift their focus away from safe-haven assets like gold.
Sentiment Analysis
Reduced Investor Appetite: If investor appetite for gold decreases, it could lead to reduced demand and lower prices.
Increased Gold ETF Outflows: Increased outflows from gold ETFs could indicate reduced investor interest in gold.
Other Factors
Increased Gold Supply: An increase in gold supply due to increased mining production or recycling could lead to lower prices.
Cryptocurrency Competition: Increased competition from cryptocurrencies like Bitcoin could reduce demand for gold as a safe-haven asset.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
December 24 Bitcoin Bybit chart analysisDecember 24 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Nasdaq 30-minute chart.
There will be an indicator announcement at midnight tonight.
Since Nasdaq is in an upward trend,
If there is no immediate adjustment from the current position,
I will bet on a vertical rise at midnight.
This is a 30-minute Bitcoin chart.
I marked the main sections with black fingers.
*When the red finger moves,
One-way long position strategy
1. $93,786.5 long position entry section / stop loss price when the green support line is broken
2. $96,549.5 long position 1st target -> Top, Good, Great in that order
I left the movement path in the middle with a pink finger,
so I think it would be good to use it.
The first section at the top is the short position operation section.
If there is a decline today, it can be the best short entry section.
When touching the first section,
depending on the wave,
it can be pushed up to the second section,
and the reason why the stop loss price was set to break away from the green support line is
because it is possible that it will shake up to this section, and if it breaks away from the green support line,
it is also the place where the mid-term trend line is broken.
So, I think it would be good to use split buying, etc. as the final long position entry point until the 2nd section.
Between the 1st section and the Gap section at the top,
the Bollinger Band 4-hour chart and the 6-hour chart center line overlap,
but since the 4-hour chart center line is the second touch,
it can rise strongly when it breaks through, and the 6-hour center line is not very important in the time zone, so I ignored it.
As long as this point is not broken, the upward trend seems to be fine.
Please refer to the Bottom, 89,186 dollars at the bottom when it breaks out.
Please use my analysis up to this point only for reference and use,
and I hope you operate safely with principle trading and stop loss prices.
Have a Merry Christmas to everyone,
and I will see you on the 26th.
Thank you.
Solana (SOL): Formed A Fakeout / Possible Further Drop of 30%Solana coin has formed a nice small fakeout move, which resulted in the price falling back within the zones of sideways tunned that have been the Solanas golden zone for some time. Now that sellers are showing dominance, we might see some further moves to lower zones here!
More in-depth info is in the video—enjoy!
Swallow Team
Gold Potential Bullish movement XAUUSD Gold Seems as Bullish pattern key price levels for potential movements.
Here is the Setup of Gold In Some Trading Points.
1. Current Price Zone: The price is expected to rise from 2616, with a potential pullback to 2610 as a key support area. This suggests you anticipate some consolidation or a slight dip before the upward movement.
2. First Resistance Zone: 2635 is the area where you expect the price to face resistance. If the price hits this levelk.
3. Second Resistance Zone: If the price manages to break the 2635 resistance level, the next key resistance would be at 2650, which could be another point for price reversal or consolidation.
Rate Share Idea What's Going On Gold Thanks
Market overviewWHAT HAPPENED?
At the beginning of last week, as expected, bitcoin resumed its upward movement. But already at the local maximum and round number of $100,000, before reaching the important selling zone, it rebounded and the price moved in a downward direction for the remaining days.
At the moment, a local lateral line with clear boundaries has been formed. A pattern of sideways sell absorption is forming along the delta.
WHAT WILL HAPPEN: OR NOT?
Each new minimum update on the last wave of decline is weak and ineffective, since volumes are not realized, but are accumulated. If a strong buyer appears, an earlier resumption of the upward movement is more likely than from the lower boundary of the sideways $92,300. But the main priority this week is to capture liquidity through a false breakdown and move to the upper boundary of the sideways trend.
Analyzing bitcoin on the daily timeframe, we noticed an additional volume buying zone of $90,600-$86,300, which can hold back the decline to $80,000 with an unfavorable outcome.
Buy zones: level $92,300 (local low), $90,600-$86,300 (accumulated volumes), ~$80,000 (volume anomaly), $77,000-$74,000 (large volume zone).
Sell zone: $100,000-$102,000 (mirror volume zone).
IMPORTANT DATES
Macroeconomic developments this week:
• Thursday, January 2, 13:30 (UTC) — publication of the number of initial applications for unemployment benefits in the United States;
• Thursday, January 2, 14:45 (UTC) — publication of the index of business activity in the US manufacturing sector for December;
• Thursday, January 2, 15:00 (UTC) — publication of the ISM index of business activity in the US manufacturing sector for December;
• Friday, January 3, 15:00 (UTC) — the ISM index of business activity in the US manufacturing sector for December is published.
*This post is not a financial recommendation. Make decisions based on your own experience.
CHFJPY MARKET ANALYSIS AND PRICE PREDICTIONCHFJPY, has finished consolidating at the institutional Renegotiation zone, decision has been taken already in favor of the Bulls because price has broken a structure and the renegotiation mini trend already with an FVG. Price may retrace a bit to mitigate the order block or breaker block to give the Bulls a good discount price for an entry. Take profit 1 is the renegotiation resistance to sweep off the buyside liquidity and take profit 2 is the unmitigated order block ahead.
Entry, Take profit 1&2 and stop loss are clearly stated on the chat.
GOOD LUCK GUYS!
MERRY XMAS
Breaking: $ELONIA surged 310% for the past 10 daysThe Solana-based memecoin $ELONIA has experienced a remarkable surge of 310% over the past ten days, despite trading amidst low volume. The coin, themed around the playful meta of Elon Musk and the Just elected U.S. President Donald Trump, has captivated the crypto community with its humorous and creative premise.
The Origin of $ELONIA
$ELONIA, inspired by a fictional relationship between Elon Musk and Donald Trump, has gained traction as a pure meme token. The community-driven project leverages AI-generated content depicting Musk as Trump’s wife, creating a unique and amusing narrative. With a Telegram community boasting over 100,000 members, the project’s growth highlights the power of memes and grassroots engagement in the crypto space.
Community Momentum
The $ELONIA community has shown dedication, working tirelessly to bring their meta to life. Their efforts, combined with creative content and an active online presence, have fueled the token’s popularity. This vibrant ecosystem exemplifies the role of community in driving adoption and maintaining momentum for meme-based cryptocurrencies.
Trading and Market Activity
Where to Buy $ELONIA: The token is traded on decentralized exchanges, with Raydium being the most active platform. The ELONIA/SOL pair has recorded a 24-hour trading volume of $15,373.14.
- Trading Volume: Recent market activity shows a -40.60% decrease in trading volume, signaling a temporary decline.
- Market Cap: $ELONIA’s market cap stands at $9,892,449, ranking it #1793 on CoinGecko. With 68 billion tokens in circulation, its fully diluted valuation (FDV) matches the market cap.
- All-Time High/Low: The token’s all-time high of $0.0001694 was recorded on December 5, 2024, while the all-time low of $0.00003451 occurred on December 19, 2024. Its current price is 14.59% below the ATH but 319.32% above the ATL.
Technical Outlook
$ELONIA is currently trading within a rising trend pattern, reflecting bullish momentum. However, caution is advised as the Relative Strength Index (RSI) is overbought at 81, suggesting a potential pullback.
Support Levels:
- Minor support: 38.2% Fibonacci retracement level.
- Major support: 61.8% Fibonacci retracement level, likely viewed as a key buy zone for traders.
With a market cap under $50 million, $ELONIA remains in its early stages, offering significant growth potential for early adopters. The $ELONIA project’s foundation lies in its community and humor, which have propelled it into the spotlight. By leveraging Solana’s scalable blockchain, $ELONIA benefits from low transaction fees and fast processing times, making it an attractive choice for meme enthusiasts and traders alike.
Performance Comparison
In the last seven days, $ELONIA has outperformed the global cryptocurrency market and its meme token peers:
- $ELONIA: +129.60%
- Global Market: -1.60%
- Meme Tokens: +3.90%
Conclusion
$ELONIA’s explosive growth and unique narrative underscore the evolving dynamics of the crypto market. While its overbought RSI suggests a potential short-term correction, the token’s strong community and innovative concept position it for continued success. Traders and enthusiasts should watch for key support levels as potential entry points, as $ELONIA’s journey is far from over.
Are we going to fill or tap the closest gap for Bitcoin?At the current price point, Bitcoin shows signs of consolidation
On the daily chart, price has tested the 50-day moving average multiple times, suggesting this level around $93,147 is a key support. However, the recent bounce from this support has been weaker, indicating potential further downside or consolidation.
On the 6-hour timeframe, price is trading below both m_rvwap and w_rvwap.
If we fail to reclaim or we get rejected at 96k, higher chance we retest 87.3k to sweep those local lows.
We have FVGs or imbalances below. The question is, are we going to fill or tap the closest gap at 81.7k?
The FVG is often seen as a price zone where the market has not fully absorbed all the information, leading to abrupt price changes. Given the current technical setup, there's a possibility that BTC might revisit or "fill" this gap, especially if the market continues to show bearish signals or if the current consolidation leads to a deeper correction. However, filling an FVG is not guaranteed and depends heavily on market dynamics at the time.
The current analysis suggests a cautious short-term outlook with a potential for testing lower levels due to the observed bearish signals. The 81.7k level, could indeed act as a magnet for price action due to historical significance or technical confluence. However, whether BTC will "tap" this level depends on broader market sentiment, incoming news, and the reaction to key support level at 93.6k.
Looking for a leap play on NKE! 🔉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!
Combined US Equities - not nice end, not expecting a great startQuick analysis of the Combimed US Equities daily chart...
A significant rebound last week put the closing back into the decision box. Thing is, it went out the other end, as expected it would, BUT ended with a doji (indecision candlestick) and came back into the box... which suggest an exit to thru the lower end. This is abou to happen over the last days of the 2024.
And IF it exceeds the last low, then it is a tell all that 2025 is not going to be bullishly exciting.
In any case, a good retracement is overdue and likely comes in 1Q2025
Technicals here show weakening MACD and a decelerating rate of VolDiv.
Let's see how bullisht the first day of 2025 and the first week of 2025 can be... not terribly optimistic IMHO.
In any case... HAPPY NEW YEAR 2025 everyone!
Stay safe and stay happy!
Strategic GBPAUD EntryGBPAUD is currently in a strong uptrend, exhibiting a classic pattern of higher highs and higher lows. At the current price, there are no signs of bearish divergence. The pair has already tested the 0.5 Fibonacci retracement level and may attempt to retest this area, offering a potential buying opportunity. It is recommended to position your stop-loss at the previous higher low, ensuring adherence to proper risk management practices.
XRP - Will it lead to a masssssivvveeeeee??? What?XRPUSDT - You won't want it to reach monthly lows, The FAT big yellow box shows major buyers attraction, if it cant defend this, would short to death to the red arrows marked. ideally expect some small scalps overall. Some can short from the point of green box as well, For me still a No-No
GOLD XAUUSD IS RECOVERING BECAUSE OF HAWKISH POLICIESThe expert explained that amid persistent inflation concerns, the US Central Bank is expected to be more cautious in its interest rate decisions next year. This is likely to support bond yields and the US dollar, two factors that often reduce the appeal of gold.
Higher bond yields have a significant impact on investment demand for the yellow metal, as they increase the opportunity cost of holding these non-yielding assets. “At the same time, the greenback’s resilience, supported by hawkish central bank policies and strong economic data, makes gold more expensive for buyers holding other currencies. These dynamics could limit gold’s upside potential in the first half of next year.”
🔥 XAUUSD SELL 2625 - 2628🔥
💵 TP1: 2620
💵 TP2: 2610
💵 TP3: OPEN
🚫 SL: 2637
GOLD Update Read Caption 📈USD is recovering because of hawkish policies
The expert explained that amid persistent inflation concerns, the US Central Bank is expected to be more cautious in its interest rate decisions next year. This is likely to support bond yields and the US dollar, two factors that often reduce the appeal of gold.
Higher bond yields have a significant impact on investment demand for the yellow metal, as they increase the opportunity cost of holding these non-yielding assets. “At the same time, the greenback’s resilience, supported by hawkish central bank policies and strong economic data, makes gold more expensive for buyers holding other currencies. These dynamics could limit gold’s upside potential in the first half of next year.”
🔥 XAUUSD SELL 2625 - 2628🔥
💵 TP1: 2620
💵 TP2: 2610
💵 TP3: OPEN
🚫 SL: 2637
Nightly $SPX / $SPY Predictions for 12.30.2024🔮
📅 Mon Dec 30
⏰ 9:45am
Chicago PMI: 42.7 (previous: 40.2)
⏰ 10:00am
Pending Home Sales m/m: 0.9% (previous: 2.0%)
📅 Tue Dec 31
⏰ 9:00am
S&P/CS Composite-20 HPI y/y: 4.1% (previous: 4.6%)
📅 Thu Jan 2
⏰ 8:30am
Unemployment Claims: 220K (previous: 219K)
⏰ 9:45am
Final Manufacturing PMI: 48.3 (previous: 48.3)
⏰ 11:00am
Crude Oil Inventories
📅 Fri Jan 3
⏰ 10:00am
ISM Manufacturing PMI: 48.3 (previous: 48.4)
GAP ABOVE HPZ:
Markets are playing traders
like a fiddle. If it pumps then
an impeding drop
OPEN WITHIN EEZ:
Tag the upper levels before
drop into 5951 area
GAP BELOW HCZ:
This will cause extreme hedging
which will drag the markets up higher
before a dump lower
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing