GOLD → Realization of consolidation and retest of resistanceFX:XAUUSD is testing a rather important resistance, a break and consolidation above which will open the way to 2721 - 2726. Technically, gold has entered the buying zone, and the fundamental background supports it
Gold was supported by weak US inflation data, dollar correction and adjusted expectations of Fed rate cuts, as well as hopes for stimulus in China.
Traders' attention shifts to December retail sales and jobless claims in the US. These data will help clarify the Fed's monetary policy outlook. Weakened dollar and lower bond yields support the current growth of gold.
Technically, all eyes are currently on the uptrend and resistance at 2697.8
Resistance levels: 2697.8, 2700
Support levels: 2690, 2678
If gold can consolidate above 2697-2700 and the bulls hold the defense above this zone, we should expect growth in the short and medium term. But do not forget about the news that will be published later.
Regards R. Linda!
Trend Line Break
XLMUSDT → High readiness for a bull run to 0.6100BINANCE:XLMUSDT is ready to move into the realization phase after coming out of a strong accumulation. The market is struggling for a strong buying zone.
The coin, technically, is ending its correction. The price is gradually updating highs and breaking intermediate resistance levels, but the key factor is the exit from the medium-term consolidation and breaking the resistance of the descending channel formed on H4.
If the bulls hold the defense above the key support zone 0.46 - 0.452, we can expect growth in the medium term. In addition, the rising bitcoin and the approaching Trump inauguration can be good drivers for the cryptovalt market.
Resistance levels: 0.486
Support levels: 0.4605, 0.4522
Thus, the focus is on the consolidation of 0.486, 0.46.
A break of resistance will activate the rally. False break of support and consolidation above the level will also be a good signal that the bulls are quite aggressive.
Regards R. Linda!
GOLD → Uptrend, price depends on CPIFX:XAUUSD continues to form an uptrend on the local and medium-term timeframe. The price is again testing strong resistance on H4-D1 and is showing signs of readiness to rise to 2700-2750.
The PPI report was a bit of a surprise and a small driver for the markets, including gold, as the dollar moved into correction. CPI is ahead and bets are high on the report as it could change the market's assessment of the prospects for a Fed rate cut this year. A strong CPI could add pressure on gold, while a weak report would support the bulls.Hawkish Fed rates are supported by the premise that Trump, who begins his second term next week, is likely to fuel inflation with his protectionist policies.
Technically, there is an area of volume density and order block ahead, which could trigger a small pullback to support from which upside could continue.
Support levels: 2678, 2674, 2669
Resistance levels: 2690, 2697, 2703
But, in the short (mid) term everything depends on the news. CPI is ahead and with weak data gold may go on a bull run, but strong data may stop the growth and turn the metal around. Focus on key levels!
Regards R. Linda!
EURJPY → The fall may continue after the correctionFX:EURJPY is under pressure. The currency pair is breaking the local uptrend. Technical and fundamental background is weak, which in general can put pressure on the market.
Globally, the currency pair has no trend and is trading within the range of 166 - 156. The last growth attempt was unsuccessful, the price could not approach the intermediate maximum and facing a strong bear the price turned around and fixing below the SMA headed to the lower boundary of the flat.
Locally, the change of character to bearish is confirmed, but before further fall the price may form a correction, for example, to 0.5 Fibo (imbalance zone), or to local zones of interest, but in the medium term the fall may continue.
Resistance levels: 162.3, 163.1
Support levels: 160.9, 159.8
A false breakdown of local support is formed, which may lead to correction, but since we have confirmation that the market is bearish, after the correction the fall may continue.
Regards R. Linda!
SOLANA → Will a false breakdown be the cause of the rally?BINANCE:SOLUSDT is testing a previously broken downtrend boundary as part of a correction. Bulls are employing aggressive methods to keep defenses above key support ahead of Trump's inauguration, keeping hopes high
On the weekly timeframe, the market is supported by SMA50 support indicating a strong uptrend. The focus is on two strong levels: 204.75 and 175. These are the boundaries of the current range. A breakdown of any of the boundaries will play a key role in further price movement. But I consider the realization of resistance as a priority.
On D1 yesterday a false break of strong support was formed in the form of previously broken downtrend resistance. This indicates that the market is still in a bullish plane and on the background of upcoming important news this could have a favorable impact for the coin.
Resistance Levels: 203-204
Support levels: 183, 175
If the price starts to retest the support at 175 and form a consolidation with a gradual downward compression, the risk of breaking the bullish pattern will increase.
But, based on fundamental data, I expect a consolidation above 183 and further growth
Regards R. Linda!
Market Analisys: S&P 500SP:SPX
In recent months, the S&P 500 has experienced notable fluctuations:
1. All-Time High : The index reached a record high of 6,099.97 points on December 6, 2024.
2. Correction : It then faced a correction, dropping to a low of 5,805.65 points by January 8, 2025.
3. Current Performance : As of January 14, 2025, the index closed at 5,842.91 points, reflecting a slight 0.11% increase compared to the previous day.
4. Technical Outlook : Analysts highlight potential weakness, with the next support level identified at 5,771.5 points.
In summary, the SP:SPX has exhibited volatility, peaking in December 2024 and entering a correction phase in early 2025.
Let's analyze in detail the various phases that have led us to this point – starting from October 27, 2023, the last moment with a significant downturn.
Since then, we’ve seen an increase of about 50%, with a maximum drawdown of 10%. This represents a more than positive performance. Prior to this, we experienced a brief decline lasting around 90 days, with a drop of approximately 11%.
Subsequent rallies have generally been strong, although they have been shorter and more contained. In total, we’ve experienced 5 rallies and 5 pullbacks. Currently, we are in a downtrend.
As mentioned earlier, except for the first rally, the most significant one, recent bull runs have been consistently interrupted by unwelcome news, data that does not meet investor expectations, and announcements from the FED and ECB indicating that interest rate cuts will be smaller than anticipated. All of this has brought us to the current situation.
We are now facing a maximum decline of about 5-6%, with a bounce on the trendline that has been guiding us since October 2023. This is all happening as inflation data is released today. The market seems to have entered a phase where it seeks further confirmations from the economy, and the technical chart is showing exactly that. Additionally, we have several other key economic data releases scheduled for this week.
What do you think the market’s next move will be?
GBPUSD → False breakdown can cause growthGBPUSD is bumping into the support of the local descending channel after a rather strong fall. The fundamental background has changed a bit, which in general gives a chance to the forex market
On the weekly chart the price is testing the strong level of 1.211 against which a double bottom is formed on a global scale. But this does not indicate a change in the global trend, no, it is just a hint of a possible rebound, but we need to watch the price reaction to this area.
The PPI that was released yesterday slightly disappointed dollar buyers, which supported the forex market and we see a small correction.
CPI is ahead, which may also support the market
Resistance levels: 1.2217, 1.235, 1.2488
Support levels: 1.213
If the bulls keep the price above the nearest resistance at 1.2217, it will give the price a chance to strengthen to the nearest resistance or to the channel resistance.
Regards R. Linda!
GOLD → What could trigger a fall?FX:XAUUSD is forming a false breakdown of the key resistance and as a consequence - passes into the phase of realization of the bearish pattern “Wedge”. If the general background persists, the price will be able to update the lows....
On the back of upcoming inflation data (PPI and CPI), traders have reduced expectations of a Fed rate cut to one this year. Forecasts point to a rise in PPI, which could strengthen demand for the dollar and cause a correction in gold prices. However, the weak data has the potential to push gold to $2,705.
Additionally, markets are watching Trump's policies and the possible introduction of new US tariffs, which could affect the dynamics of gold. Despite inflation risks, the metal has corrected from a one-month high, remaining a key hedge against inflation.
Technically, we have a correction forming after a false breakdown. Quite an important phase in the market. If the bears can keep the price below 2675 - 2681, the decline will continue in the short to medium term.
Resistance levels: 2675, 2681, 2690
Support levels: 2667, 2656
At the moment the price is testing 0.5 fibo, on the background of the secondary retest the zone can be broken (I do not exclude a false breakout and consolidation below 0.5 fibo, which will also lead to a fall) and the price will head to the retest of the imbalance zone, which can put pressure on gold. The most likely scenario is a retest of the zone of interest 2675 - 2681 before further decline
Regards R. Linda!
BULLISH REVERSAL SETUP SEEN IN HBL ENGINEERING LTD📊 StockTrade Setup Details
Name: NSE:HBLENGINE HBL Engineering Ltd.
Exchange: NSE (National Stock Exchange, India)
📈 Current Market Price (CMP): ₹527.85
💡 Key Levels:
🚀 Entry Point: ₹494.40
Buy when the price reaches this level (near support).
❌ Stop-Loss (SL): ₹472.25
Exit if the price drops below this level to minimize losses.
🏁 Take-Profit (TP) Levels:
TP1: ₹518.65 🏆 (First conservative target).
TP2: ₹594.40 🥈 (Moderate profit zone).
TP3: ₹702.50 🥇 (Aggressive target for maximum gain).
⚖️ Risk-to-Reward Ratio (RRR):
Risk:
Entry to SL: ₹494.40 - ₹472.25 = ₹22.15
Reward:
TP1: ₹24.25 ➡️ RRR ~ 1:1.1
TP2: ₹100.00 ➡️ RRR ~ 1:4.5
TP3: ₹208.10 ➡️ RRR ~ 1:9.4
📈 Technical Observations
📉 Trend Analysis:
A sharp bearish move recently (large red candle).
Anticipating a bullish reversal from the support zone.
🛠️ Support Levels:
Zone: ₹472 – ₹494
SL is placed slightly below this zone for risk management.
📏 Resistance Levels:
TP1: ₹518.65
TP2: ₹594.40
TP3: ₹702.50
Extended Target: ₹740.35
📊 Volume: Moderate to high volume shows active trading interest.
🔴Disclaimer:
I am not a SEBI-registered advisor. Investments and securities are subject to market risk. Please Read carefully this idea.This analysis and the suggested levels are for educational purposes only Trade responsibly and at your own risk.
If you find this analysis helpful, please like and share
@Alpha_strike_trader
GOLD → False or true resistance breakout?FX:XAUUSD is trying to consolidate above the previously broken boundary of the ascending channel and symmetrical triangle. The struggle that has not ended creates risks for both buyers and sellers.
Economic problems in China and Trump's policy risk continue to support gold.
Inflation expectations are rising amid rising oil prices and the outlook for trade policy in the US. Friday's NFP report showed strong employment growth, making it less likely that the Fed will significantly cut interest rates in 2025
Traders' attention is also focused on CPI data to be released on Wednesday and its impact on future Fed policy.
Resistance levels: 2690, 2700
Support levels: 2685, 2678, 2665
At the moment, the price is in consolidation above previously broken resistance.
If there is no bullish momentum and the price makes a false break of the channel resistance, in that case gold may go down to 2678 - 2665.
BUT, a break of the local downside resistance could trigger buying and upside to targets: 2700
Regards R. Linda!
GOLD → Paranormal growth on the back of strong NFP...FX:XAUUSD is rising with the dollar and strong NFP data. Those who shouted that the metal is ceasing to play the safe haven function are very much mistaken :)
The surprise of rising NFP data and rising gold, which is not specific in this context, surprised the market quite a lot. After all, rising data points to a more hawkish stance of the Fed and generally medium-term policy in the US. But based on the environment, we can say that gold is rising because of the risks of the policy of Trump, whose inauguration will be held on January 20.
Now all eyes are on the US Inflation data. The upcoming week, will be quite interesting.
Technically: GOLD is breaking the consolidation resistance (symmetrical triangle) and is trying to consolidate above this boundary. Most likely, the struggle will continue and the price may test the previously broken figure boundary or liquidity zone 2675 - 2664, which will determine the further development of events.
Resistance levels: 2698, 2721, 2750
Support levels: 2675, 2665
The situation is quite unstable, as there are too many factors putting pressure on the prices.
Accordingly: if after the retest the bulls are able to keep the price above 2680-2690, the growth may continue in the mid-term ( till January 20 approximately ).
But! If the bullish structure will be broken and bears will start to keep the price below 2680, it can provoke correction to 2665, 2650.
Regards R. Linda!
AUDUSD → Trigger breakdown will trigger a fallFX:AUDUSD is approaching the trigger that can provoke a strong fall. Against the backdrop of a strong and rising dollar, the Aussie doesn't stand a chance yet.
The price is testing the level from the weekly timeframe, the breakdown of which will open the way to the abyss. There is no support until 0.54-0.55. Based on Trump's policy, the Fed's stance and the potential of the Australian dollar we can say that the odds are generally quite high that the price will continue its decline in the medium term expectation.
Technically, on 4H the price is approaching the level of 0.6179. A pre-breakdown consolidation is forming in relation to the level. I do not exclude an attempt to retest the local resistance before further breakout, but the general technical and fundamental situation hints at a decline.
Resistance levels: 0.6199, 0.622, 0.6274
Support levels: 0.6179
Downward channel, retest of support after false breakdown of resistance (deceptive maneuver before a strong fall). Emphasis on the trigger at 0.6179. Breakdown and price consolidation below the level will trigger a fall
Regards R. Linda!
GBPUSD → Consolidation in the selling zone held by bearsFX:GBPUSD made an attempt to grow, but could not overcome the bears' pressure zone. The reasons for the growth are the dollar correction, which was short-lived. The main trend is not broken.
On D1 the price after breaking through the key support at 1.25 tested it already as resistance within the correction. A false breakout of resistance is formed and price consolidation in the selling zone. The sharp impulse was related to the dollar, which fell after Trump's comments on rumors related to his policy. The dollar returned to the upside creating another bout of pressure on GBP.
Technically, the main trend is bearish. The price is in the selling zone and bears are not ready to give up their positions.
The risk of trend change may come after the breakout of 1.26, but it is too early to talk about it...
Resistance levels: 1.2575, 1.26
Support levels: 1.2488, 1.2449
The price is trying to consolidate in the selling zone, which generally indicates which way the market intends to go. Bears are increasing pressure and if they keep the price below 1.2488 - 1.2449, we will see a fall in the short and medium term.
Regards R. Linda!
GBPAUD new bearish expectations
GBPAUD whats next? We are have DOUBLE TOP pattern, price is make strong bearish push, currently what can see on lower TF better visible is BEARISH FLAG pattern.
Technicals are strong bearish here, personal bearish view having.
SUP zone: 2.00800
RES zone: 1.97900, 1.97100, 1.96450
BITCOIN → Retest of key support. What can happen?BINANCE:BTCUSD continues to form a consolidation, this could continue until Trump's inauguration. Price is approaching a key support level and a liquidity zone that harbors both crowd fear and huge potential.
On W1, price is trying to consolidate above the global rising line playing the role of support. Buyers can aggressively defend this area because if this area is lost, price could very easily and quickly descend to 72-75K.
Bitcoin has moved into a local correction due to economic data, but the global fundamental picture is quite positive (thanks to Trump and community interest).
Levels in the 91K - 89K - 86K zone are attracting the attention of major players as these are psychologically important and historically strong buying zones, especially against the backdrop of a strong bullish trend.
The current flat and consolidation boundaries may persist as traders and the community wait for Trump's inauguration and his active actions, and the economic data had only a temporary impact.
Resistance levels: SMA, 99.5K, 102.5K
Support levels: 91.7K, 89.3K, 86.7K
A false break of support can provoke quite a violent reaction. After such a strong fall, I expect a rebound rather than a breakdown. I do not exclude a retest of 89-86K before further growth.
Regards R. Linda!
Alibaba - This Is Really Just The Beginning!Alibaba ( NYSE:BABA ) is starting to create a bullish reversal:
Click chart above to see the detailed analysis👆🏻
After perfectly rejecting a major resistance level just three months ago, Alibaba now retested the previous trendline breakout area and bulls are immediately stepping in. If we actually see a break above the neckline of this bottom formation, we could even see new all time highs.
Levels to watch: $80, $115
Keep your long term vision,
Philip (BasicTrading)
GOLD → Price buyback, local bull characterFX:XAUUSD is in a narrow channel, in consolidation, which complicates intraday movement, but nevertheless traders have a chance for possible growth. There is a lot of important news ahead that may give traders a chance.
Despite the strong intraday movement in gold, we can say that the price is standing still in the range of 2600 - 2660. Quite a difficult place for the price due to the huge density of volumes, levels, tails... Traders are refraining from new directional bets ahead of the release of crucial data on ISM Services PMI and JOLTS job openings in the US.
After a strong fall the price was bought back and returned to resistance 2648 - 2650, most likely further struggle will be for this area. The falling dollar broke the support line, thus giving an advantage to gold.
Gold and the dollar are already starting to feel Trump's power and are reacting to his statements as quickly as they did during the last period of his presidency....
Resistance levels: 2649, 2664, 2674
Support levels: 2632, 2610
Until the price leaves the channel 2600 - 2665, most of the movements will not be very clean (nature of price movement inside consolidation). At the moment the emphasis is on 2649. If the bulls will keep the defense above this zone, then in the short term the price may show growth to the local maximum
Regards R. Linda!
First 2025 prediction Cloud/usdt $0.65prediction Cloud/usdt $0.65 with time
this coin has a good chance to gain $0,65, after studying the data of this coin.
The best way is to follow this coin's low day frame with the day trend.
This update is not a trading update, but a prediction update.
Know that there is no guarantee that this price will become a reality, our study is based on the data study which can be confirmed.
There is also a day trading follow updates by this update
Let the time show us if this coin is going to get the expected break.
Markets going on their way, and it can take time before this coin can show a result. also, this update depends not on the small time frame changes. it's a large picture for the coming times.
XRP → Consolidation before the breakout and rally ↑BINANCE:XRPUSDT has been in consolidation for a little over a month after a strong rally and this is a good sign indicating that there is still strength in the market. And as we know, consolidation at some point turns into distribution
The symmetrical triangle in our case has the character of a consolidation pattern, the purpose of which is the continuation of the trend. Buyers are aggressively defending the support zone, forming a cascade of levels. But more remarkable concerning the pattern is the consolidation 2.5 - 2.337, which is formed near the triangle resistance. Consequently, we can assume that the market is accumulating strength to break the resistance.
Fundamentally, the project has very good prospects after a long and protracted winter. Trump's victory and the changes provoked by him have a favorable impact on Ripple.
Resistance levels: 2.5, 2.73, 3.05
Support levels: 2.337, 2.2, 2.00
Accordingly, the realization phase will start after breaking the resistance of 2.5. Thus, we can assume that the exit from the accumulation will be upward, which can also be helped by a bullish and growing bitcoin.
Regards R. Linda!
BITCOIN → Consolidating before an important eventBINANCE:BTCUSD is consolidating between 99.5K and 91.8K as traders await action from politicians and Trump's inauguration as the main driver behind the rally.
Fundamentally, things are still good. Trump promised a lot of positive actions towards bitcoin and the cryptocurrency market in general, but at the moment the main issue is the inclusion of bitcoin on the balance of the federal reserve. But everything depends more on the realization of the promises, if the community does not get what they were promised, a correction may be triggered.
Technically bitcoin looks very strong. After a strong rally, there is no hint of a possible fall or deep correction, which means that someone is keeping the price in the specified range. Until important events, the price can still stand still, in the range between 100K and 90K.
As for altcoins, they are getting a chance as bitcoin dominance continues to decline after the trendline break. A capital move could spark a rally in strong altcoins in the near term.
Resistance levels: 99.5K, 102.5K, 103.5K
Support levels: 95K, 91.7K
Since the price is in neutral and trading between strong levels, I prioritize a false breakdown of resistance and correction inside the channel. Then further reaction may give hints. If there will be no fall and the price starts to consolidate in the resistance area, then we will have a chance to rise to 102-103K
Regards R. Linda!