Focus on USD and gold: DXY bearish signal and market dynamics🔍 Technical Observations
On the H4 timeframe, the Head and Shoulders pattern on DXY has completed, signaling a potential strong reversal.
Recent Decline: DXY has dropped sharply to the nearest Fair Value Gap (FVG) zone at 107.2xx - 107.5xx, where price reacted significantly.
Correlation with Gold: Gold returned to its all-time high zone last week and reacted with a pullback of nearly 20 points, demonstrating the inverse relationship between the two assets.
📊 Technical Analysis
DXY:
Support at FVG Zone: Following a sharp rally fueled by FOMO over Trump’s election victory, DXY reached a high liquidity void and has since reversed.
Head and Shoulders Pattern: The failure to break the nearest resistance level on H4 triggered a significant sell-off.
Gold:
Correction After Rally: Gold appears to have completed its bullish wave at a critical resistance zone, indicating a potential start of a corrective phase.
💡 Key Factors Impacting DXY
Monetary Policy:
Decisions by the Federal Reserve (Fed) on interest rates continue to have a major influence on DXY.
If the Fed signals a dovish stance, further pressure on DXY is expected.
Economic Data:
Indicators such as unemployment rates, GDP growth, and inflation will shape investor expectations for USD strength.
Weak data may contribute to a downward trend in DXY.
Political Climate:
Trump’s election victory initially created FOMO-driven momentum. However, upcoming trade and fiscal policies could significantly shift the market direction.
🔮 Outlook for the Coming Week
Based on recent developments:
Technical Trends: DXY remains in a corrective downtrend, with further downside likely unless key resistance levels on H4 are breached.
Market Sentiment:
Weak economic data or dovish Fed signals may add downward pressure.
Positive surprises from economic or political factors could lead to a swift reversal.
📢 Share Your Thoughts!
How do you think DXY and gold will perform in the coming week?
👉 Follow KevinNguyen-SimpleTrade for more insights, strategies, and updates! 🚀
Trading!
Gold under Pullback /correction As dicussed in weekly analyis video and previous posts , price currently under a pullback and we have to wait for lower pullback zones for re-buying ::
- First Pullbcak zone: 2755-2760 (marked in green, first zone , price currently testing this zone)
- Second Pullbcak zone: 2735-2740 (green zone in Middle)
- Third Pullbcak zone: 2720-2725 (Last green zone, we also have first Fib support level for the cycle of 2585-2785)
Swing to Intra day Approach:
Rather than buying immediately, waiting for a deeper pullback can provide us a good risk management, looking for buy setups at these pullback zones makes sense given overall bullish trend structure remains intact,These levels align with previous structure(Swing High, Low) with Better risk-reward ratio from these lower entries.
Gold’s Weekly Start: Price Gap Sparks Key Trading Opportunities📉 Daily Plan for XAUUSD: Gold Opens the Week with a Price Gap
🔍 Market Overview
As anticipated in last week's analysis, the market opened this Monday with a price gap (GAP) due to the strong selling pressure seen late last week. The gap spans approximately 5 points, with gold dropping from $2,770 to $2,764.9.
This movement aligns with previous views that gold has revisited its all-time high, where significant sell orders awaited, resulting in a dominant SELL momentum at this level. Confirmed reversal patterns are now visible on H4, H2, and H1 timeframes.
📊 Technical Insights
Current Price Range:
Gold is fluctuating between $2,773 and $2,756, forming a temporary range of about 17 points. This range is expected to hold during the Asian and European sessions unless disrupted by key market data later in the week.
Key Levels to Watch:
Resistance Zones:
$2,786 - $2,784 (Major Resistance)
$2,778 - $2,772 (Short-Term Resistance)
Support Zones:
$2,759 - $2,761 (Immediate Support)
$2,750 - $2,745 - $2,735 (Stronger Support Zones)
Market Behavior:
If price remains below $2,773, SELL momentum will likely dominate.
A breakout above this level will invalidate short-term sell strategies, prompting the need to wait for higher entries.
Sideways movement may persist due to lower liquidity during the Asian session.
💡 Trading Strategy Ideas
BUY ZONE: $2,746 - $2,744
Stop-Loss: $2,740
Take-Profit: $2,750 - $2,754 - $2,757 - $2,760
BUY SCALP: $2,759 - $2,757
Stop-Loss: $2,753
Take-Profit: $2,763 - $2,765 - $2,768 - $2,771
SELL ZONE: $2,784 - $2,786
Stop-Loss: $2,790
Take-Profit: $2,780 - $2,776 - $2,772 - $2,768 - $2,764
SELL SCALP: $2,772 - $2,774
Stop-Loss: $2,778
Take-Profit: $2,768 - $2,765 - $2,760 - $2,756 - $2,750
⚠️ Important Notes:
Market Liquidity: The Asian session lacks liquidity today, which could cause erratic price movements.
Risk Management: Always set Take-Profit (TP) and Stop-Loss (SL) levels to safeguard your account during volatile conditions.
📢 What’s Your Take?
Do you think gold will break below its current range or consolidate for a bigger move?
👉 Follow KevinNguyen-SimpleTrade for more in-depth market insights and daily trading plans! 🚀
XAU#7: The bullish wave engulfs the trader's account
💎 💎 💎 Plan #6 above helps you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎
So the bullish wave has reached the old peak as analyzed by #6. Let's see the next comments and trading strategies.
1️⃣ **Fundamental analysis:**
📊 Putin: Ready to discuss the Russia-Ukraine conflict and energy issues with Trump. If there is really a negotiation. Gold prices may be under pressure
🚀Trump hinted at easing tariff policies and called on the Federal Reserve to cut interest rates. This is the driving force that has pushed gold to hover near the record high reached in October last year
2️⃣ **Technical analysis:**
🔹 **W frame:** Last week ended with a strong bullish candle in the resistance area. This confirms that the market sentiment is extremely optimistic about establishing a new price peak.
🔹 **H4 frame:** The uptrend is still very strong with no signs of correction
🔹 **H1 frame:** The price structure is increasing in a stepwise manner. It will be difficult to see a correction.
3️⃣ **Trading plan:**
⛔ In previous articles, my top priority for you is to never go against the market trend at this time. Especially, you are not allowed to hold losses or place SELL orders against the trend. Many accounts have burned because of blocking the gold head when the trend is so strong
✅The uptrend will continue next week. The top priority is still to find a BUY entry point when the price reaches the support zone.
💪🚀 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer for you for free
#trading #trade #xauusd #newtrader #newbie #xau #forex #tradingview #plants #trader #tradingforex
Gold Hits Record Highs: Is a Reversal Looming?Gold Returns to All-Time High: Is a Major Correction on the Horizon?
🔍 Strong Reaction at Historical Highs
Gold has returned to its all-time high zone, and as it touched this level, prices have seen a significant reaction, dropping $20 to around $2,770.
On the H4 timeframe, candles show strong selling pressure at the highs, signaling a potential deeper correction. As the market opens next week (Monday), there is a high likelihood of a GAP (price gap) forming on smaller timeframes due to the current momentum.
📊 Technical and Fundamental Insights
Double Top Formation:
Gold shows signs of forming a Double Top pattern at its historical peak.
Combined with technical signals, this suggests a possible short-term corrective wave.
Crucial News from FED and Trump:
Next week, the market anticipates critical updates from the Federal Reserve (FED) regarding interest rate policies.
President Trump’s fiscal and monetary policy announcements could also drive significant volatility in gold prices.
Low Liquidity Conditions:
With many Asian nations entering their Lunar New Year holidays, market liquidity is expected to decline, potentially leading to heightened volatility.
🌟 Price Behavior Analysis
Based on insights from DXY, SWAP CHARGE, and FVG analyses:
DXY Weakness: While DXY's weakness supports gold, heavy selling pressure near the highs indicates a possible corrective phase.
SWAP CHARGE Shifts: The shift from buying to selling suggests that selling pressure is currently dominant, supporting the likelihood of a gold correction.
💡 Key Levels to Watch Next Week
Resistance:
$2,786 - $2,790: This is the previous all-time high and a critical resistance level. A breakout above this zone could trigger a stronger bullish trend.
Support:
$2,758 - $2,735 - $2,718 - $2,694: These are the major support zones to monitor in case of a deeper correction.
📢 Conclusion:
Given the current dynamics, gold appears poised for a potential correction after testing its all-time highs. This aligns with technical signals and fundamental developments. Traders should closely monitor key levels and upcoming announcements from the FED and President Trump to stay ahead of market movements.
👉 Follow KevinNguyen-SimpleTrade for more in-depth analysis and market updates! 🚀
BTC#6: SW is uncomfortable but coming to the breakthrough.💎 💎 💎 Plan #5 first helps you make a profit. Please leave a comment and tag your friends' names to share. 💎 💎 💎
1️⃣ ** Basic analysis: **
📊 Trump signed the executive command on cryptocurrencies: Clarifying the framework of management and discovery of national cryptocurrency reserves
Buffett of Buffett's Berkshire Hathaway is gradually grasping cryptocurrencies.
🚀 Ohio state proposes a Bitcoin reserve bill
📌 A series of information that brings optimistic psychology to the cryptocurrency market in general and BTC in particular.
2️⃣ ** Technical analysis: **
🔹 ** Frame D **: The price is still swing in the past few days
🔹 ** H4 **: Price structure is still increasing and has not changed.
🔹 ** Frame H1 **: The price is still swing in the triangle and progresses to the breakthrough
3️⃣ ** Transaction plan: **
⛔ This is the SW area that is not suitable for the command. It is difficult to predict the price line in the current area. Control greed.
✅ My personal opinion that about the structure of large and small frame prices is increasing. If there is a structure, we can confirm about a adjustment beat. The current trend should wait for Buy when the price is important.
💪 ** Wish you successful transactions! **
📌 Any questions please contact directly. I am ready to answer for free
#trading #trade #tradeindia #newtrader #newbie #Blockchain #Forex #tradingView #plants #trader #tradingforex #btcusd #bitcoin
BTC#5: Summary of trading plans for BTC💎 💎 💎 In post #4, we made the choice to stay on the sidelines. What do you think about this decision? Leave a comment 💎 💎 💎
Based on yesterday's price reaction. Today, I continue to bring you the BTC trading plan and price prediction in the coming time:
1️⃣ **Fundamental analysis:**
📊 In his speech, Trump did not mention cryptocurrencies or Bitcoin, which caused:
⚫Bitcoin decreased by 3.2%.
⚫Cryptocurrency Market Liquidations Hit $200M+
🚀 Google Cryptocurrency Searches Hit 5-Year High
📌 Acting SEC Chairman Mark Uyeda Announces New Crypto Task Force Led by Commissioner Hester Peirce to Develop a Clear Regulatory Framework for Crypto Assets
2️⃣ **Technical Analysis:**
🔹 **D Frame**: Although the price broke the previous high, the closing candle shows that the Resistance Zone is not completely broken
🔹 **H4 Frame**: We can see the appearance of the 2nd peak which is lower than the 1st peak. The price structure is still bullish.
🔹 **H1 Frame**: You can see the Sideway triangle I drew on the chart. The current price structure is still increasing
3️⃣ **Trading plan:**
⛔ Regarding the trend, everything is still in an increasing price structure. However, the price reaction at the old peak area and the market's upward momentum have "cooled down", so any possibility can happen and is mentioned in the H1 Plan
✅ In my personal opinion. The price line is likely to have an adjustment to gain momentum to overcome the old resistance zone. However, the structure has not been confirmed yet, so we still focus on finding opportunities to place BUY positions in accordance with the main trend of the market.
💪 **Wishing you successful trading!**
📌 For any questions, please contact us directly. I am ready to answer you for free
👉 Follow me to see the results
Uptrend Intact: Can Gold Break Through 2800?🌟"Uptrend Intact: Can Gold Break Through $2800? 🌟"
Gold is maintaining its bullish momentum, steadily forming higher highs and higher lows while respecting the upward trendline. The key support zone around 2705 (R1), backed by a demand area and Fair Value Gaps , could act as a launchpad if price pulls back to retest. Resistance levels at 2788 (R2) and 2848 (R3) are in sight as potential upside targets. The red circled area is where I am expecting a possible retracement to fill gaps and grab liquidity as per SMT before resuming the upward move. With liquidity resting above swing highs, the overall view remains bullish, and price looks primed to head toward higher levels as long as support holds strong.
Still holding both Gold and Silver in buy as mentioned in previos updates.
BTCUSD updated viewA resistance zone was created on BTCUSD at the 99113 - 99944 level.
Also at the same level from top to bottom one resistance trend line shows strong resistance in that area. while looking at the HNS pattern in RSI on a closing basis and both the resistance zone and trendline we need a strong closing above the zone with the trendline breaking, then we can see the bigger target in BTCUSD.
otherwise, BTCUSD will take the resistance from the trendline and zone and can see the support level again.
I already shared what-if support level breaks.
XAU#6: Gold breaks resistance. Where to take profit???💎 💎 💎 Plan ahead to help you make a profit. Please leave a comment and tag your friends to share. 💎 💎 💎
In XAU#5: Gold's uptrend has gone as analyzed. So the question beginners often ask is how far will gold go? Where is it reasonable to take profit? Today I will answer for you:
1️⃣ **Fundamental analysis:**
📊 The three main aspects of Trump's policies in recent times: trade policy, tax cuts and spending, and international relations management are causing concern in global financial markets about an uncertain future in the near future.
🚀Currently, global financial market sentiment is experiencing significant fluctuations. So risky assets like gold are well supported.
2️⃣ **Technical analysis:**
🔹 **Frame D:** The uptrend is continuing to be strengthened. Yesterday ended with breaking through the important resistance zone that had not been overcome twice before
🔹 **Frame H4:** The uptrend is still continuing, showing that market sentiment is the main driving force for gold's increase.
🔹 **Frame H1:** The uptrend structure is still continuing with no signs of reversal.
3️⃣ **Trading plan:**
⛔ At this time, it is absolutely not advisable to enter a SELL order. The price line is still going strong. The price will have slight corrections, but the opportunity and R:R ratio for this option are very low. Absolutely do not hold on to losses. The price line moves slowly and steadily to create a sense of hope for those who are still holding orders against the market.
✅The uptrend will continue for quite a long time to come. If you have a good position, you can rest assured to wait for a larger profit. If there are signs of adjustment, I will make a new plan for you.
🚀 To answer the questions at the beginning of the article: Based on the expansion of the price channel in the H1 time frame, we can see how far gold is likely to increase. I do not predict any specific numbers. I only believe in what the market and the price line show me.
TRADE WHAT YOU SEE NOT YOU THINK
💪 **Wish you successful trading! **
📌 For any questions, please contact directly. I'm ready to answer you for free
"Gold Next Stop: 2800?"Current Price Action Analysis:
1. Price is currently testing the 2750 psychological level
2. Formation of consecutive higher lows and higher highs since December
3. A significant volume node is visible around the current price level
Key Levels :
1. The November low at 2,536 created a strong demand zone
2. Previous resistance at 2,720 (green box) has been breached and is now acting as support
3. Recent price movement shows strong institutional buying with minimal pullbacks
Intraday Trading Perspective:
1. Support: 2700-2,720 (previous resistance now support)
2. Resistance: R2 at 2,762 and R3 at 2,800
Swing Trading Perspective:
1. Primary trend is strongly bullish above rising trendline
2. Major support zone: 2700-2,720
Current Market Context:
- Strong momentum indicates potential for further upside
- The clean break above previous resistance suggests institutional buying
- Volume profile shows good liquidity at current levels
Best Trade Setups:
1. Intraday: Buy pullbacks to 2,700-20
2. Swing: Enter on daily closes above 2,750 targeting 2,800 o wait forLower Price zone as marked on chart ,market structure suggests maintaining a bullish bias and I am still holding my buy entries on gold and silver
XAU#5: Next trading plan for XAU
💎 💎 💎 Plan#4 OANDA:XAUUSD above helps you make a profit. Please leave a comment and tag your friends to share. 💎 💎 💎
In the previous post. I noted to everyone that the price is in the support area and we can look for opportunities to establish a position. Currently, the price is running according to plan. I have summarized the things to pay attention to in the article below:
1️⃣ **Fundamental analysis:**
📊 The US dollar continues to fall after Trump's inauguration speech. A series of executive orders were signed. Highlights: Trump threatens to impose 25% tariffs on Mexico and Canada, gold rises near two-month high
🔴 Limited expectations: Some officials have emphasized that any tariffs will be implemented "in a controlled manner," but Trump's new statement has increased uncertainty.
📌 The market is in a state of fear due to Trump's decisions, which has been the main driver of gold's increase in recent times.
2️⃣ **Technical analysis:**
🔹 **Frame D:** The uptrend continues to be promoted. Yesterday ended with a pinbar, so today's price push is also suitable from a technical perspective. The price approached the resistance zone but the reaction was weak. Therefore, the possibility of prices continuing to increase in the near future is high
🔹 **Frame H4:** The key zone has been broken in the H4 frame. The price continuously tested support to break higher, showing stability in market sentiment. There are no signs of a trend reversal yet.
🔹 **H1 frame:** The price structure is very clear. Although it is in the trendline area, the reaction is insignificant. The strong increase in the Asian session brings many possibilities of a sudden change in the US session and expanding the price channel.
3️⃣ **Trading plan:**
⛔ Absolutely do not block SELL in this area. Going against the trend when the news and the price line are supporting each other can lead to large losses and make trading psychology unstable
🚀If you already have a BUY position in the support area I marked yesterday, we can completely expect a higher profit. If you do not have one, you can refer to the yellow arrow plan.
💪 **Wishing you successful trading!**
📌 For any questions, please contact directly. I am ready to answer you for free
Gold's Looking Hot Gold's Looking Hot ❤️🔥
The way the price is behaving right now, it looks like it's gathering strength for another potential move up, though we might see some correction or consolidation first.
Overall Market Context:
The market structure is bullish on the 4-hour or on daily timeframe
There's significant buy-side interest as visible on volume profile
I can see Several liquidity pools likely exist below the recent swing lows so expecting some consolidation or correction(But not looking for sell ), After the pullback, if buyer momentum stays strong (which looks likely), we could see a push toward 2,760-2,780 (As marked on chart).
The Current support is at the upward trendline
Overall sentiment is clearly bullish and I am still holding buy entries on both Gold and Silver.
BTC#4: Things to watch out for when BITCOIN breaks the top💎 💎 💎 Plan BTC3# helps you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎
1️⃣ **Fundamental analysis:**
📊 Trump plans to make cryptocurrency a "policy priority" and consider suspending related lawsuits and establishing a national reserve fund.
🚀 The Fed's dovish stance combined with Trump's pro-crypto stance creates the foundation for the market to grow.
📌 Liquidation of positions has exceeded $90 million, most of which are sell orders. This also contributes to pushing BTC prices higher.
2️⃣ **Technical analysis:**
🔹 **D frame**: As you can see, after scanning the 89xxx~90xxx area and closing with a pinbar, the price line has been increasing continuously until now.
🔹 **H4 frame**: The resistance zone of 102xxx has been broken and acted as support to push the price above the old peak. The price structure has been confirmed in the H4 frame that the old peak has been broken by a candle closing through the 106k~108k area
🔹 **H1 frame**: You can see the price line testing the trend line and increasing according to the textbook theory. You can see that I drew the support zone in #3 just now. Currently, the price has broken through the old trendline, but the price is still reacting at the old peak area.
3️⃣ **Trading plan:**
⛔ As I have provided you, the number of liquidated sell orders is very large. So we should not go against the trend to catch falling knives at this time.
✅ Currently, in my personal opinion. Market information is very excited with TRUMP's moves in the past time. This will attract many new investors and push BTC prices to continue to increase in the near future. However, today I will not give a trading plan because we do not know how high BTC prices can increase. Establishing a position at resistance brings high risks because R:R is no longer reasonable. 🚀 Give yourself a period of time to observe the price line and listen to information to make long-term decisions.
💪 **Wish you successful trading!**
**XAU#4: Gold begins to correct. Summary of possible scenarios!!💎 💎 💎 Plan ahead to help you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎
🔥In the previous analysis, we planned for a downward correction. Currently, OANDA:XAUUSD the price is at the 269x support area. I will continue to plan the transaction for you:🔥
1️⃣ **Fundamental analysis:**
📊 Donald Trump was sworn in as President of the United States today. Financial markets face risks from trade policy and geopolitics: Although tariffs have not been imposed immediately, analysts warn that the risk of trade wars and increased geopolitical tensions under Trump will be a major disadvantage for the market.
🔴 Everyone is cautiously waiting for specific executive orders from Trump to assess the impact on the global economy and financial markets.
📌 Gold SPDR ETF is still buying.
2️⃣ **Technical analysis:**
🔹 **Frame D:** The uptrend has not been broken. The price reacted to the resistance area, but you can see that the selling force this time is completely different from the previous 2 times.
🔹 **Frame H4:** The bullish price structure remains intact. What needs to be noted here is that KEYLEVER has not been broken.
🔹 **Frame H1:** The correction confirmation has been clearly indicated in the knowledge article. That is the reward for those who are willing to improve their trading knowledge. Currently, the price has found the support area and reacted. We will look for opportunities together. However, please note that the price structure is still increasing.
3️⃣ **Trading plan:**
Surely everyone's common question is whether to buy or sell. My point of view is to trade in line with the main trend, so I will give you a perspective for your reference
⛔ If you do not have a good position. We should not SELL in this area. The main trend and price structure are still supporting BUY. If you have made a profit in the recent correction, you should not be greedy when taking risks in this area. The main trend can return at any time
✅🚀 Waiting for an uptrend structure to find a position in line with the main trend is a wise choice at this time. I have marked the plan in the H1 frame so that you can better understand the idea.
💪 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer you for free
BTC#3: Will Bitcoin continue to increase? What to do when you mi🔥 🔥🔥 Plan BTC#2 Has gone as planned. Currently, the BTC price has surpassed the Key lever 1026xx. And is approaching the old peak. I will continue to plan to help everyone have a panoramic view to make trading decisions for themselves. 🔥 🔥🔥
1️⃣ **Fundamental analysis:**
📊 Information about Donald Trump's inauguration has contributed to promoting optimism for the electronic market.
🔴 In addition, the possibility of Trump announcing a strategic Bitcoin reserve will further boost the demand for BTC in the near future when other major countries will also launch corresponding strategies.
2️⃣ **Technical analysis:**
🔹 **Frame D**: You can see that BTC is still increasing very strongly. We still don't see any signs that the price line wants to adjust, which shows the very positive sentiment of the current market.
🔹 **H4 frame**: The bearish price structure has been broken as I analyzed in the previous article #2. Currently, the price has not had any correction. However, the price is also very close to the resistance zone above
🔹 **H1 frame**: There is not much difference compared to H4, it can be seen that although there are slight corrections, the price line is still showing that the bulls are still absolutely dominant
3️⃣ **Trading plan:**
⛔ Absolutely do not hold losses at this time. The price line increasing without signs of adjustment will further torture the trading psychology of traders trading against the trend. In addition, the price increases continuously without stopping will form a FOMO mentality for those who have missed the opportunity. However, if we set up a buy position here, it will be difficult for us to achieve the desired profit when the R:R ratio is too risky
✅ The current price zone is no longer suitable for setting up a position. My advice for you is to patiently wait for the next correction when the price returns to important support zones.
🚀 At the present time, if anyone has a good position in the 955xx area, we can completely wait for even greater profits.
💪 **Wish you successful trading!**
ASHAPURMIN is Set to rally! Time to go Long!Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Ascending Triangle Pattern in Daily TF.
* From Dec 2023 to Jan 2025 Tested Resistance Many times.
* It's Break resistance Zone and trying to Sustain above Resistance Zone with good volume good closing required.
* Volume Accumulation (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Profitable Trading The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.
The Rule of 90 is a grim statistic that serves as a sobering reminder of the difficulty of trading. According to this rule, 90% of novice traders will experience significant losses within their first 90 days of trading, ultimately wiping out 90% of their initial capital.