Harmonic Patterns
XAUUSD is moving within the 3,265.00 - 3,495.00👀 Possible scenario:
Gold (XAU) has been trading in a narrow $3,260–3,360 range this week, lacking strong catalysts. Comments from U.S. Treasury Secretary Scott Bessent on April 28, highlighting positive trade proposals and China’s tariff exemptions, signaled easing tensions—but talks remain ongoing, with pressure on China to take further action.
The bullish trend in gold could persist, supported by safe-haven demand. Traders should watch for updates on trade tariffs and key U.S. data releases on April 29, including CB Consumer Confidence and JOLTS Job Openings at 2:00 p.m. UTC. Strong data may slow gold's rise, while weaker numbers could push XAUUSD above $3,350.
✅ Support and Resistance Levels
Support level is now located at 3,265.00 .
Now, the resistance level is located at 3,495,00
XAUUSD-BEARISH MOVE EXPECTEDIn this analysis we're focusing on 1H time frame for gold. In this analyze we are using downward trendline along with the combination of price action. When price enter in our supply area, so our first step is to observe how price will react and if price give any bearish confirmation then we'll execute our trade. Confirmation is very important.
Always use stoploss for your trade.
Always use proper money management and proper R:R ratio.
DOGECOINDogecoin (DOGE) is a cryptocurrency that originated as a fun, meme-inspired digital coin but has gained significant popularity and market presence.
Founder of Dogecoin
Dogecoin was created by Billy Markus and Jackson Palmer in December 2013.
Billy Markus, a software engineer from the United States, and Jackson Palmer, a marketer from Australia, developed Dogecoin as a lighthearted alternative to Bitcoin, incorporating the popular "Doge" internet meme featuring a Shiba Inu dog.
The founders aimed to create a more approachable and fun cryptocurrency with a strong community focus.
Founders Billy Markus and Jackson Palmer
Origin Created in December 2013 as a meme-based, fun cryptocurrency
Market Outlook Moderate growth expected in 2025, with price forecasts reaching $0.24 by May
Dogecoin remains popular due to its active community, wide acceptance for tipping and microtransactions, and occasional high-profile endorsements.
LITCOINFounder of Litecoin
Charlie Lee is the founder of Litecoin.
He created Litecoin in 2011 as a "lighter" version of Bitcoin, aiming to provide faster transaction confirmation times and a different hashing algorithm (Scrypt) to allow broader mining participation.
Charlie Lee is a well-known figure in the cryptocurrency community and has been active in promoting Litecoin’s adoption and development.
Summary
Short-Term Bias Cautiously bullish with volatility
Founder Charlie Lee
Founder’s Vision Faster, more accessible alternative to Bitcoin
Conclusion:
Litecoin’s trade directional bias in April–May 2025 leans toward a bullish rally with expected price appreciation up to around $120, tempered by potential mid-month corrections. Investors should monitor key support and resistance levels closely. The coin’s founder, Charlie Lee, remains a prominent advocate for Litecoin’s role as a faster, more accessible cryptocurrency alternative.
Gold moves sideways ahead of US GDP news. What's next?OANDA:XAUUSD Optimism about US trade talks with major partners boosted risk appetite and supported the dollar. The US Treasury released a report that talks with India made good progress, while President Trump softened his rhetoric on China, which also boosted the dollar. Meanwhile, traders are on the sidelines ahead of the release of US first quarter GDP data. If the data is weak, gold as a safe haven asset may rise sharply. Therefore, the gold market remains sensitive to trade news and macro data, especially in the context of market rebalancing at the end of April.
Currently, as part of the current momentum and correction, Quaid expects gold prices to rise from the 0.5-0.7 Fibonacci area. Gold prices may test 3325-3330 in the consolidation range and then resume the correction.
Resistance: 3325, 3350, 3370
Support: 3290, 3270
Traders please wait for the resolution of the tariff dispute and the economic data to be released tomorrow. However, during price consolidation, Quaid expects the price to bounce off the support levels. If the price continues to squeeze towards any boundary, giving priority to the support level, the possibility of breaking out of the consolidation bottom may increase.
$CBA in a Strong Uptrend: Long at $162!Commonwealth Bank of Australia ( ASX:CBA ) is showing a “Strong Uptrend” on a 1-week chart. 📈 We bought at $126.49 and sold at $159.24 previously. Now at $162.98, we’re in a long position at $162. With a Trend Score of 8/8 and 100% signal alignment, the projected price is $166.2 ( +1.1% ), supported by bullish RSI but bearish MACD.
How to Trade This Setup:
• Hold the Trend: The uptrend is strong with high volume—hold the long position from $10629 for now.
• Set Targets: Aim for Resistance 1 at $175.54; Support 1 at $147.05 is key if a pullback occurs.
• Manage Risk: With bearish MACD, consider trailing stops to lock in gains as the price nears $166.2.
What’s your next move on ASX:CBA ? Let’s discuss in the comments! 💡 #Trading #CBA #Analysis
Fear @ Greed Index In Nasdaq.The potential future decline of the Nasdaq index is attributed to concerns surrounding the Fibonacci level of 1.138, as indicated by the harmonic shark pattern .
At the 0.88 level, the fear index has surpassed the greed index, and it currently stands at 1.138. This apprehension is also affecting those who are typically driven by greed.
ALICEUSDT UPDATE
ALICE/USDT Technical Setup
Pattern: Falling Wedge Breakout
Current Price: $0.494
Target Price: $1.20
Target % Gain: 170.08%
Technical Analysis: ALICE has broken out of a falling wedge on the 1D chart, showing early signs of reversal. The breakout is accompanied by a strong green candle, confirming bullish momentum.
Time Frame: 1D
Risk Management Tip: Always use proper risk management.
AXSUSDT UPDATE
AXS Technical Setup
Pattern: Falling Wedge Breakout
Current Price: $2.581
Target Price: $6.25
Target % Gain: 160.01%
Technical Analysis: AXS has broken out of a falling wedge pattern on the 1D chart. The breakout is supported by bullish momentum and a breakout candle above resistance, signaling a potential reversal.
Time Frame: 1D
Risk Management Tip: Always use proper risk management.