Gold Surges Past $2,700 Amid Safe-Haven DemandGlobal gold prices have rallied for the fifth consecutive session, surging by over $170 this week alone, driven by strong safe-haven demand.
By the close of trading on November 22, spot gold soared by $47, settling at $2,716/ounce. This marks the first time in two weeks that gold has climbed above the critical $2,700 level, as safe-haven flows outweighed the pressures of a strong US Dollar and the fading prospects of a Federal Reserve rate cut.
“Geopolitical tensions between Russia and Ukraine seem to be escalating into a Russia-U.S. confrontation. This development is undoubtedly fueling short-term demand for safe-haven assets,” analysts noted.
With mounting uncertainties on the global stage, gold continues to reaffirm its status as a reliable hedge against volatility, making it the standout asset of the week. As investors flock to safety, will gold sustain this momentum and head for new heights? Only time will tell.
Siganl
ETHUSDT: Sell Or Buy ! Based on the provided chart for Ethereum/USDT, the price is moving within a clear ascending channel, showing an overall bullish trend with potential pullbacks. Here is a brief analysis and strategy:
Current Price Movement: ETH is currently retracing from a recent high (around 2,490) but remains within the ascending channel.
Support and Resistance Levels:
Resistance: Around 2,490-2,500 (upper boundary of the channel).
Support: The lower boundary of the channel, near 2,440-2,450.
Trade Strategy:
Buy: Wait for a pullback to the lower boundary of the channel, ideally near 2,440. If the price confirms support in this area, a buy entry could be ideal.
Target: Look to take profits near the upper boundary of the channel, around 2,500-2,520.
Stop Loss: Place below the channel, around 2,430.
Market Sentiment: As long as the price stays within this upward channel, the overall trend remains bullish. However, a breakout from this channel (either up or down) could lead to significant price movement.
ZECASH long setup / 1:1 SettingBINANCE:ZECUSDT
COINBASE:ZECUSD
Hello Traders
💥Long position on ZECASH
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:
32.35
🔴SL:
30.32
32.75
33.45
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
QQQ Set To Fall! SELL!
My dear followers,
I analysed this chart on QQQ and concluded the following:
The market is trading on 451.77 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 440.08
Safe Stop Loss - 458.64
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
BITCOIN ANALYZE 1D📍According to Elliott Wave Theory: It has completed a full bullish cycle and is currently undergoing a corrective phase in the form of a 3-wave abc pattern. Currently, Wave a has been established and Wave b is in formation. In my opinion, this could potentially mark the end of Wave b and the beginning of Wave c (Wave c in Elliott Wave Theory can be the sharpest wave). We might anticipate a significant downward movement for Bitcoin.
📍My initial target is $14,000.
ZEC USDT LONG SWING | ZECUSDT | LONG @ 29 - 31 | TP @ 31.5, 32, 32.5, 33, 33.5 | SL @ 26 | PATTERN = ASCENDING TRIPLE TOP BREAKOUT | COINBASE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
COINBASE:ZECUSD BITFINEX:ZECUST.P BINANCE:ZECUSDT BINANCEUS:ZECUSDT OKX:ZECUSD.P GATEIO:ZECUSDT BITGET:ZECUSDT.P KUCOIN:ZECUSDT
MARVEL baby upIt sounds like you're describing a positive trend in the weekly and daily charts for a particular financial instrument. The price has successfully retraced, and you're currently above significant weekly and monthly levels. Given the upcoming holiday season, you anticipate a potential upward movement in prices. Your primary target is set at a historical weekly level. It's great to hear that you're finding opportunities and have a clear target in mind. Best of luck with your trading endeavors, and may the holiday season bring favorable market movements for you!
S SentinelOne Options Ahead of EarningsIf you haven`t bought S here:
Then analyzing the options chain and the chart patterns of S SentinelOne prior to the earnings report this week,
I would consider purchasing the 16usd strike price Calls with
an expiration date of 2023-9-1,
for a premium of approximately $0.73.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
eurusd , shortEURUSD is preparing for a very good sell position and I am entering within the specified range
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CAKE/USDT ( PancakeSwap ) is support bullish toward $50#CAKE/USDT ( PancakeSwap )
Request Chart:-
$Cake currently trading around $12
And $Cake is strong exchange coin so Its always better to hold in Long term.
And also $Cake giving good Staking ROI around 70% APR
Now as per chart $11-$12.20 is good Accumulation zone.
Targets will be Very high if breaks $17 Strong resistance level.
After Break $17 I personally expected it can Hit $50 and $100 also Possible in Long term.
Its all about Targets.
Stop Loss:- As per chart $Cake will be bearish below $10
So any daily candle close below $10 that not good for Bull.
Bitcoin Volitity is your friend. First time posting an idea to trading view. Read the chart's description for proposed position and reasons.
1) NVT signal (woobull.com) shows bitcoin is over valued. We cannot enter a new bull market when this indicator shows over valuation of price. Retail investors need to be convinced we are bull before BTC can go to sub 6,000.
2) Crypto market moves mostly in sync. Ripple recently touched a 50% retracement from its swing high of around 80 cents to its swing low of around 40 which brings the 50% retracement at around 60 cents. While touching the 50% retracement, Tom Demarc signal on the hourly and the 4 hour both printed a sell 9. Very strong signals for more downside before we go back up.