Gold continues to lose value, pressured by USD and China dataWorld gold prices fell to $3,279/ounce, down $31 from the previous session's peak. The USD increased slightly along with the decline of crude oil and US stocks, making gold less attractive.
In addition, weak economic data from China raised concerns about falling physical gold demand - contributing to the price decline. On the daily chart, gold is falling from the peak, approaching the EMA34, warning of the risk of a deeper correction if it fails to hold this support level.
Trading
GBP_AUD LOCAL LONG|
✅GBP_AUD went down to retest
A horizontal support of 2.0680
Which makes me locally bullish biased
And I think that a move up
From the level is to be expected
Towards the target above at 2.0840
LONG🚀
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Gold Price Analysis April 30The market's D frame continues to maintain a fixed price range, with a dispute between buyers and sellers in the range of 3345 and 3275.
With the sideways wave in recent days, the possibility of creating a Dow and decreasing the price of Gold will be higher than increasing to ATH slightly. Gold has just reacted from 3000 candle wick area yesterday, which is also the old breakout area. Gold can push up to 3324 in the European session. If it does not break 3324, it is possible to SELL Gold to 3275. However, the sideways waves may have a relatively strong reaction around 3288 and the reaction area of 3300 is also weak but still need attention. If it breaks through 3324, Gold will find daily resistance around 3340 for the SELL strategy.
XAUUSD/GOLD | 4H | SWING TRADEHey There,
Guys, I advise you to just wait for the breakout in gold. This is swing trading. I am just waiting for a breakout; if this breakout is to the downside, the target will be at least 3.215 level.
I hope this matches your desired tone.
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Nightly $SPY / $SPX Scenarios for May 1, 2025 🔮 Nightly AMEX:SPY / SP:SPX Scenarios for May 1, 2025 🔮
🌍 Market-Moving News 🌍
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Strong earnings from Microsoft ( NASDAQ:MSFT ) and Meta ( NASDAQ:META ) have boosted sentiment. Meta’s revenue guidance and capex surge point to aggressive growth positioning in AI and infrastructure.
🏛️ Treasury Refunding Outlook in Focus
Markets are watching the quarterly refunding announcement for clues on upcoming bond issuance. This could influence rate volatility as the Treasury balances deficits and market demand.
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Global stocks notched a 4-week high as traders bet on resilient earnings and central bank policy steadiness, even as U.S. macro data softens.
📊 Key Data Releases 📊
📅 Thursday, May 1:
📈 Initial Jobless Claims (8:30 AM ET)
Tracks new unemployment filings – a key gauge of near-term labor market stress.
📈 Continuing Jobless Claims (8:30 AM ET)
Measures ongoing unemployment benefit recipients, reflecting persistent joblessness.
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Reports monthly change in total construction outlays — a direct measure of real economy investment.
🏭 ISM Manufacturing PMI (10:00 AM ET)
Provides a snapshot of U.S. factory activity. Readings below 50 suggest contraction.
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
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EUR-CAD Bearish Breakout! Sell!
Hello,Traders!
EUR-CAD made a bearish
Breakout of the key horizontal
Level of 1.5700 and the
Breakout is confirmed
So we are bearish biased
And we will be expecting
A further bearish move down
Sell!
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USD-CAD Will Keep Falling! Sell!
Hello,Traders!
USD-CAD is trading in a
Downtrend and the pair made
A retest of the horizontal
Resistance of 1.3868 from where
We are already seeing a bearish
Move down so we will be
Expecting a further
Bearish move down
Sell!
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(XAUUSD) against the U.S. Dollar on a 1-hour timeframe.Chart Details:
Instrument: Gold Spot (XAUUSD) vs. US Dollar.
Timeframe: 1-hour (1H).
Date/Time: Chart taken around April 28, 2025, 18:22 UTC.
Current Market Price (CMP): About $3,339.72.
Spread: Bid at $3,339.64 / Ask at $3,339.94 (small spread = good liquidity).
Key Features:
Trend Before: Recent sharp downtrend (visible on the left) — price dropped significantly from a previous high.
Current Structure:
After the fall, the price seems to have stabilized in a sideways range (accumulation).
Small higher highs and higher lows have started forming (early signs of reversal).
Zones Highlighted:
Reversal Zone at the bottom (around $3,246) — suggesting strong support.
Entry Range: Around $3,337–$3,339 (where the price is currently consolidating).
Stop-Loss Area: Below $3,289.
Target Areas:
First Target (TP1): around $3,379.63.
Final Target (TP2): around $3,500 (just below ATH).
Projected Path (marked with arrows):
A small dip toward support (near $3,289).
Then a strong rally upward, breaking current resistance levels.
Technical Interpretation:
Type of Setup: Buy (Long).
Risk-Reward Ratio: Very favorable — small stop loss compared to a large upside potential.
ATH (All-Time High): If price breaks $3,500, it would be entering price discovery mode (no historical resistance).
Other Observations:
Candlestick Pattern: Small bullish candles with wicks indicate buying pressure.
Volume: Not visible here, but volume would ideally confirm the breakout.
Indicators: No moving averages, RSI, or MACD are shown — purely price action based.
In short:
The trader is expecting a short pullback, then a bullish continuation toward a new all-time high (ATH).
DAX: Target Is Down! Short!
My dear friends,
Today we will analyse DAX together☺️
The market is at an inflection zone and price has now reached an area around 22,461.17 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 22,275.67..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
GOLD: Move Up Expected! Long!
My dear friends,
Today we will analyse GOLD together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 3,300.87 Therefore, a strong bullish reaction here could determine the next move up.We will watch for a confirmation candle, and then target the next key level of 3,322.41.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
EURUSD: Local Bearish Bias! Short!
My dear friends,
Today we will analyse EURUSD together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 1.13366 will confirm the new direction downwards with the target being the next key level of 1.13144.and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
GBPAUD Massive Short! SELL!
My dear followers,
I analysed this chart on GBPAUD and concluded the following:
The market is trading on 2.0992 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2.0899
Safe Stop Loss - 2.1039
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
SILVER: Strong Growth Ahead! Long!
My dear friends,
Today we will analyse GOLD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 32.688 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
ONDO Trade Setup – Range Support + Fibonacci ConfluenceONDO has retraced to a key confluence zone, aligning with both lower range support and the 38.2% Fibonacci retracement level. This presents a solid opportunity for a long spot entry, especially if bullish confirmation follows.
🔹 Entry Zone:
Around $0.90
🎯 Take Profit Targets:
🥇 $1.15 – $1.25
🥈 $1.40 – $1.55
🛑 Stop Loss:
Just below $0.85
CADCHF Trading Opportunity! BUY!
My dear friends,
My technical analysis for CADCHF is below:
The market is trading on 0.5947 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5955
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GOLD The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for GOLD below:
The instrument tests an important psychological level 3307.3
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 3292.2
Recommended Stop Loss - 3314.4
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
AUDCAD: Bearish Wave Continues 🇦🇺🇨🇦
I think that there is a high chance that AUDCAD
will continue falling from the underlined yellow resistance.
Next support - 0.8818
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GOLD Is Going Up! Long!
Take a look at our analysis for GOLD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 3,278.91.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 3,328.53 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBPUSD Will Grow! Buy!
Please, check our technical outlook for GBPUSD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.336.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.342 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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NZDUSD Will Go Down From Resistance! Short!
Here is our detailed technical review for NZDUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.592.
The above observations make me that the market will inevitably achieve 0.580 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDNZD Will Go Higher From Support! Long!
Take a look at our analysis for AUDNZD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.079.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.097 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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