waiting for new ATH XAU !! 8/26 The Gold price (XAU/USD) trades with mild losses near the $2,500 psychological support on Monday. However, the downside of the precious metal might be limited amid rising expectations that the US Federal Reserve (Fed) will begin lowering borrowing costs in September. Lower interest rates are generally positive for Gold as it reduces the opportunity cost of holding the non-interest paying asset.
Furthermore, the escalating geopolitical tensions in the Middle East and the economic uncertainty are likely to boost the safe-haven demand, benefiting Gold price. On the other hand, the sluggish demand in the Chinese economy might undermine the yellow metal as China is the largest producer and consumer of gold worldwide. Later on Monday, the US July Durable Goods Orders are due. The highlights for this week will be the preliminary US Gross Domestic Product Annualized (GDP) for the second quarter and the Personal Consumption Expenditures-Price Index (PCE) for July, which will be released on Thursday and Friday, respectively.
2024 will be the year of the strongest increase of Gold: old ATH 2531 and continue the upward trend
According to the M30 trendline, wait for the price to retest the supply zone. then increase again
BUY XAU: ZONE 2517 - 2515
SL: 2511
TP: 40 - 80 - 150 PIPS ( 2530 )
Safe and profitable trading
Longposition
AUDNZD - Swing LongPrice swept the previous week low and the low of August 13th during the new week open, so that is why I would expect to see weekly manipulation with the next distribution higher.
Also, we MACD divergence during false breakout, great sign of bear weakness.
I would recommend to risk not more than 1%, because in the end of the day we are playing with probabilities.
Trade Setup: GFT/USDT (1D)Trade Setup: GFT/USDT (1D)
Chart Overview: GFT is currently respecting a long-term ascending trendline (green line) after a period of consolidation. The price recently bounced from this trendline, indicating potential bullish momentum.
Entry: Consider entering around the current price level ($0.0196), especially if the price continues to hold above the trendline.
Targets:
Target 1: $0.0260 (First major resistance)
Target 2: $0.0320 (Prior high area)
Target 3: $0.0460 (Potential breakout level)
Stop Loss: Place a stop loss slightly below the trendline at $0.0170 to protect against a downside break.
Risk/Reward: Favorable with a potential 2:1 or 3:1 ratio, depending on entry and target levels.
DYOR NFA
XDC is a solid buy with some serious potentialXDC is currently at the bottom of a very large wedge, spanning a long period of time. Being at the low end, the odds are that it's a really good buy. XDC will be right in the middle of the new digital financial system, and I believe it is being overlooked by the broader market.
Good luck!
1 to 2 Risk vs. Reward QUANT $600 @25x TRADE SETUP.QUANT had been on the decline for quite some time despite being an incredible technology and one of only a handful of coins that are ISO 20022 compliant. I think the reason for this is that the economy is contracting, and money is tight for many average investors, so the higher-priced cryptos tend to lag in bull runs, with the exception of BTC and ETH.
I think QUANT will retest the area near the limit buy zone and then make a run for the upper trend line and break out, just as a few other cryptos like XRP have done in the past day or so.
Don’t follow my trades; come up with your own ideas. Don’t be a follower—be a trailblazer!
Good luck!
CUB cmp 166.50, heading higher to target 200 in one monthTechnically, CUB is heading higher with higher highs and higher lows, price above all short-term averages and averages heading higher forming a U-shaped pattern on a daily time so we strong expect a target of 200 in a month time frame. Aggressively bought for trading and investment purpose.
Silver XAG USD about break-out Lower Timeframe bulllish W/Bott.XAGUSD_2024-08-16_22-30-17_4c366.png
Silver XAGUSD has been drifting downward in price action the past 15 hours or so on the 4HR timeframe in a falling wedge. It has recently fallen out of this falling wedge on 4hr and is turning to bullish to catch up to the Gold Price which is very strong today so far.
FTM/USDT Weekly Key Notes: Prime Long OpportunityThe chart is looking exceptionally promising for a spot trader like me—perfect for a long position from this key level. The market is bouncing off and showing strong reversal momentum, and I’m feeling optimistic about FTM. My targets might seem a bit ambitious, but the technicals on this chart seem to back up my enthusiasm. It’s an excellent chance to fill your bags. I’ll be referring back to this post in the future, and if you miss out, I might just rub it in—though if it doesn’t work out, I might end up needing a basement to live in! Jokes aside, the coin looks set for a strong uptrend in the near future. I’m also highlighting key entry levels for long traders.
Best of luck!
$MARA - New Swing Long Trade Opportunity!NASDAQ:MARA - Hello everyone! I'm excited to share this with you! Over the past year, whenever the RSI has touched 30 or very close to it on the daily chart (marked with white vertical lines), it has always rallied by 100% or even more. There was only one instance where it failed to reach 100% and instead rallied by 41%, which is still a decent performance. This is absolutely incredible! So, should we be worried and sell, or is it time to buy more? The choice is yours!
A Cloud Communication Pioneer with Strong Growth PotentialCrexendo, Inc. (NASDAQ: CXDO) recently reported impressive results for the second quarter of 2024, beating analysts’ expectations both in terms of earnings and revenue. The company posted earnings per share (EPS) of $0.07, surpassing the expected $0.05, and reported revenue of $14.7 million, also beating the forecasted $14.2 million
Growth Drivers
Crexendo continues to thrive as a leading provider of cloud communication platforms, video collaboration, and managed IT services. The company’s growth is driven by its expanding user base, which now exceeds 5 million on its platform. This places Crexendo as the third-largest and fastest-growing cloud communication platform in North America. The company’s ability to secure prestigious awards, like the INTERNET TELEPHONY Product of the Year, further highlights its industry leadership and commitment to innovation.
Financial Performance & Outlook
Crexendo’s strong financial performance is underpinned by its ability to consistently deliver high-value services that resonate with its customers, leading to robust revenue growth. The company is well-positioned to continue its upward trajectory, with analysts predicting further revenue increases and EPS improvements in the coming quarters.
Investors remain optimistic, as reflected in the stock’s recent upward movement. With a 52-week price range showing significant volatility, Crexendo is currently trading well below its highs, presenting a potential opportunity for value investors who believe in the long-term growth story of this cloud communications leader.
Conclusion
Crexendo’s strong Q2 results and impressive growth in its cloud communication platform underscore the company’s solid position in the market. As it continues to expand its user base and enhance its service offerings, Crexendo is poised for continued success in the rapidly growing cloud communications industry. Investors looking for exposure to this sector may find Crexendo an attractive option, especially given its recent performance and future potential.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
Gold price recovers! Buyers dominate⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) struggled to build on Thursday's strong 2% gain and edged lower during the Asian session on Friday. A positive mood in global equity markets put some pressure on the safe-haven metal, but various factors should help prevent significant losses. Concerns over a potential Middle East conflict and expectations of larger rate cuts by the Federal Reserve (Fed) could support gold.
Dovish Fed expectations are also weighing on US Treasury bond yields and pulling the US Dollar (USD) down from its weekly high. This environment favors bullish traders and suggests that gold's likely direction is upward. Any further dip might be seen as a buying opportunity, especially with no major US economic releases expected soon. The market's attention will turn to the upcoming US consumer inflation figures, due next Wednesday.
⭐️ Personal comments NOVA:
Bulls dominate over the weekend - surpassing 2420, amid growing global military tensions
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2408 - $2406 SL $2402 scalping
TP1: $2415
TP2: $2422
TP3: $2430
🔥BUY GOLD zone: $2388 - $2386 SL $2380
TP1: $2395
TP2: $2410
TP3: $2420
🔥SELL GOLD zone: $2441 - $2443 SL $2448
TP1: $2430
TP2: $2420
TP3: $2410
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
- The winner is the one who sticks with the market the longest
XRPUSDT: READY TO PUMP AGAINHello All:
Welcome to the quick update of XRPUSDT. After consolidating for a few days, XRP pumped around 20-25% until 0.64
As of now, it is making a bull flag kind of pattern, it has broken it and retested and can pump again anytime soon at around 20%.
We can take a long entry into this fundamentally good and stable coin.
Possible entry-exit points:
Entry: 0.5821 to 0.6100
Target: 0.651, 0.672, 0.698, until 0.7800 in the long run.
STOPLOSS: 0.5700
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
ScramblerG is always there to help and trade with caution but DYOR.
Gold Spot / U.S. Dollar | Entry 1 : Long Position15m : Demand zone mitigated and waited until candle confirmation in asian kill zone
1m : Took long position after bullish confirmation
Note :
Enter any position only during kill zones
After the market enters a non-kill zone area, trail your stop loss to the entry point or the nearest mitigated order flow level
XAU at the beginning of the week fluctuated too much⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price is up on Monday due to a weaker US dollar. The market is reacting to the recent dovish stance from the FOMC and softer US job report. This, along with low US Treasury bond yields and a weak US dollar, is supporting gold prices. Geopolitical tensions in the Middle East are also boosting gold as a safe-haven asset.
Traders are watching the US ISM Services PMI on Monday for potential market moves. If the Services PMI improves as expected, it could strengthen the US dollar and limit gold's gains.
⭐️ Personal comments NOVA:
The volatility at the beginning of the second week was amazing - fluctuating around the large border from 2415 - 2465. Still in the long-term Uptrend, waiting for important resistance and support areas to enter orders.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2419 - $2417 SL $2412
TP1: $2430
TP2: $2445
TP3: $2460
🔥SELL GOLD zone: $2479 - $2481 SL $2486
TP1: $2465
TP2: $2450
TP3: $2430
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
- The winner is the one who sticks with the market the longest