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Non-farm data is released, and gold is still going to fall. 📌 Gold information Today, the market will usher in the heavy non-farm data for April. From the expected value, there are only 130,000 people, far lower than the expected 228,000 people, and the unemployment rate remains at 4.2%. If we refer to the unsatisfactory ADP data in April, then the number of non-farm people in April should have declined, or it is lower than expected, but the ADP data cannot fully correspond to the final non-farm data. This is the answer given to us by too many experiences in the past, so it cannot be concluded that the non-farm data this time will be lower than expected. 📊Comment analysis Combined with the technical aspect, the strong technical pressure above the international gold price is around 3280, and then the 3300 mark. Even if it rebounds next, the pressure of the above two prices cannot be broken, and there is still a probability of a pullback adjustment. The initial support below is 3230, and after breaking through the position, it will follow the trend to explore 3205. 💰Strategy Package If today's non-agricultural data cannot provide strong support for gold prices, the rise in gold prices in the short term will be difficult to sustain. The specific decision can only be made after the final release of the afternoon data and the guidance on prices. The trend fluctuations tonight will be very intense. Remember to strictly control your positions to prevent risks. ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDShort
by Labaron
1
CDSL weekly timeframeYou're analyzing the **weekly chart** of **CDSL (Central Depository Services India Ltd)**, and here's a breakdown of the key elements from your chart: --- ### **Chart Overview & Interpretation:** 1. **Current Price**: ₹1,328.20 * Showing a **modest gain of 0.62%** on the week. 2. **Chart Type**: Weekly time frame (1W), good for **long-term trend analysis**. 3. **Support & Resistance:** * **Strong support zone** near ₹1,150–₹1,155. * **Resistance zone** around ₹1,900–₹2,000 (marked by top of green box). * The **target zone** is around ₹2,473.20, suggesting a **long trade setup**. 4. **Trade Setup Observed (Likely Long Position):** * **Entry Price**: Around ₹1,328.20 * **Stop-Loss**: ₹1,038.05 (red zone) * **Target**: ₹2,473.20 (green zone) * **Risk-Reward Ratio**: Roughly 1:3, which is favorable 5. **Trend**: * After a sharp fall, stock **bounced back from the support level**. * Shows a **potential trend reversal** or **continuation of the long-term uptrend**. 6. **Indicators (not shown directly but inferred):** * Price bounced after a pullback → likely some **demand zone**. * Forming **higher lows**, indicating **bullish structure**. --- ### **Conclusion (Trading View):** * **Bullish Bias**: Based on the risk-reward setup and bounce from support. * **Good R\:R Setup**: Entry at ₹1,328 with SL at ₹1,038 and target near ₹2,473. * Suitable for **swing or positional trading** if broader market supports. Would you like a clearer chart with technical indicators like RSI or moving averages added?
NSE:CDSLLong
by Kalpesh_Rathod
What if bitcoin breaks above this decade long resistancePrice action for the last 12 years on the logarithmic scale reveals a resistance trend-line that has been containing bitcoin's cycle gains from a % perspective. Similar to when we have "M"s forming against a frequently tested level of support before we see sell-offs, the opposite is true as we continue to test the upper range of this resistance trend line. A break of the trendline would also support that bitcoin is following the technology adoption s-curve. Degrading trust in traditional world economic systems only acts as a potential catalyst for massive fiat money devaluation and the transfer of the world economic order to a new technology stack.
BITSTAMP:BTCUSDLong
by coinables
1
Gold XAUUSD Possible Move 01-02 May 2025📉 Gold Technical Outlook Gold has decisively broken a key support zone between $3,268–$3,274, now trading near the $3,210-20 level. This move comes amid a clear downtrend structure, with price action respecting a well-defined descending trendline. 🔍 Current Technical Context: Trend: Bearish Support Turned Resistance: $3,268–$3,274 Immediate Support: $3,210–$3,220 Resistance: Trendline and previous support zone near $3,270 A retest of the broken support zone could offer a high-risk, high-reward shorting opportunity, especially if price fails to reclaim it. However, a clean break below the $3,210–$3,220 support could trigger another aggressive selloff, with downside targets potentially extending below $3,160. 📊 Key Drivers (Geopolitical/Fundamentals) US Dollar Strength: The USD remains firm despite mixed economic data, applying pressure on gold prices. Geopolitical Easing: Reduced US-China tensions are weighing on safe-haven flows, as US approaches China for talks on tariffs. Russia-Ukarine: Russia declaring cease-fire for a week. Technical Pullback: Gold is correcting after a strong rejection from the $3,500 zone. Profit-Taking: Recent rejection led to bearish closes as traders locked in gains. Liquidity Considerations: With May 1 being a public holiday in many regions, lower liquidity could amplify volatility. Event Risk Ahead: Caution prevails ahead of key macro events including Non-Farm Payrolls (NFP) and the FOMC statement. 📝 Strategy Notes: Sell-on-Rally Zone: $3,268–$3,274 (if price retests and rejects) Bearish Continuation Trigger: Break and close below $3,210 Invalidation for Bears: Sustained reclaim of $3,274 and a break above the trendline Stay nimble and monitor for reactions around the highlighted zones as event-driven volatility can cause swift moves.
OANDA:XAUUSDShort
by QuinnReed_Charts
DOGE Awakens: Breakout from Descending Channel!!BINANCE:DOGEUSDT has finally broken free from its long-term descending channel, signaling a potential trend reversal after months of consolidation. What makes this move significant is the current retest of the previous local breakout level. A classic bullish setup that often leads to strong upward continuation if the retest holds. The price action is also showing early signs of strength, forming a series of higher highs, which further confirms the bullish structure. This technical development, combined with CRYPTOCAP:DOGE ’s passionate fanbase and historical tendency to pump hard when momentum kicks in, could make this a high-potential setup. As always, proper risk management is key. While the chart looks promising, it’s crucial to place a stop loss to protect against invalidation. If the support holds, CRYPTOCAP:DOGE could be preparing for a big move — possibly one of those signature rallies that only CRYPTOCAP:DOGE knows how to deliver.
 BINANCE:DOGEUSDT Currently trading at $0.181

 Buy level : Above $0.17 Stop loss : Below $0.141 Target : $0.435 Max leverage 3x Always keep stop loss 

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Long
by GreenCryptoTrades
ARKMUSDT Correction Structuring MidTerm RecoveryARKMUSDT has completed a complex corrective structure, terminating near a well-defined immediate demand zone where price action has begun to exhibit basing characteristics. The final leg into this zone coincided with the lower boundary of a descending broadening wedge, further reinforcing this region as a potential accumulation area. Price is currently stabilizing above this demand zone, with the 0.840 level emerging as a pivotal structural resistance that must be reclaimed for bullish continuation. A successful breakout above this threshold opens the pathway toward 1.727, a mid-range liquidity target, and subsequently to the 3.798 zone, which aligns with the prior external supply zone and confluence of historical distribution. Directional bias remains bullish while price holds above the immediate demand zone, though the level around 0.756 remains critical for directional validation. Any failure to sustain above this zone could see price cascading toward the lower strong demand region.
by weslad