ErinTuttle

ErinTuttle Updated 

The Fiber (EUR/USD) is rising towards the pivot and could drop to the 1st support. Pivot: 1.1369 1st Support: 1.1147 1st Resistance: 1.1471

ErinTuttle Updated 

I would be expecting Gold to play the range between 3195 & 3245 before a correction towards our long entry area of 3045. Stoploss is set at 2951 below the previous HTF liquidity sweep. I will be targeting at least 3245, a retest of 3245 after the breakout will take Gold further up to 3286 - 3463 - 3641.

ErinTuttle Updated 

long term trend is up. short term price and time correction seems to be done. buying on the pull back into new life time highs. lets go. this level is going to be a key pivot going forward.

ErinTuttle Updated 

This chart is an insightful visual representation of technical analysis for the Gold Spot price (XAU/USD) against the U.S. Dollar. Based on its design, it seems geared toward identifying potential price movement patterns and decision points for trading. Here are some key takeaways: 1. **Fibonacci Retracement Levels:** Highlighted at 0.618 and 0.886, they indicate...

ErinTuttle

The current price of gold is running in the range of 3245-3193, and today's opening continued to consolidate in a narrow range. It is worth noting that the market generally expects the unilateral 100-point market last week to reappear, but ignores the characteristics of this week's oscillation and energy storage. Blindly chasing ups and downs is easy to fall into...

ErinTuttle Updated 

Gold has soared to a new all-time high, marking the launch of its next bullish phase. This powerful uptrend began on September 26, 2022, and is unfolding as a five-wave Elliott Wave pattern, a technical framework traders use to predict market movements. The first wave (I) climbed to 2081.82, showing strong momentum. Then, a corrective wave (II) pulled back to...

ErinTuttle Updated 

50-day moving average (red line): This is a short-term trend indicator. It reacts more quickly to price changes and is often used to identify short-term trends. When the price is above this moving average, it usually indicates bullish momentum; when it is below, it may signal bearish momentum. 200-day moving average (green line): This is a long-term trend...

ErinTuttle Updated 

Based on the H4 chart analysis, we can see that the price is testing our sell zone at 3113.30, which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement. Our take profit will be at 3056.01, a pullback support level. The stop loss will be placed at 3169.78, which is a swing high resistance.

ErinTuttle Updated 

The price is falling towards the pivot which acts as a pullback support that lines up with the 38.2% Fibonacci retracement and could bounce to the 1st resistance. Pivot: 80,393.27 1st Support: 77,842,40 1st Resistance: 84,559.23

ErinTuttle Updated 

XAUUSD Insights Scenario 1: Bounces at 1D Order Block with pullback to the Double Bottom pattern. Scenario 2: If it fails to bounce at the 1D Order Block, we might see it going down to 2728 level where we see an inverted Head and Shoulders Pattern before going up again and making a new all time high.

ErinTuttle Updated 

Bitcoin seems poised for a notable shift following the completion of a classic technical setup. The price has recently pushed above a critical level and appears to be testing this threshold again, a move that often hints at further momentum. Should this pattern hold, we might see a robust climb toward higher targets, potentially well beyond current levels. Keep...

ErinTuttle Updated 

The price has reacted off the pivot and could potentially rise to the 1st resistance. Pivot: 2,955.87 1st Support: 2,925.35 1st Resistance: 3,054.56

ErinTuttle Updated 

The Fiber (EUR/USD) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 1.0834 1st Support: 1.0730 1st Resistance: 1.0983

ErinTuttle

I'll be buying for that point of interest 78544.71 if I see confirmation for reversal. Though H8 zone 79100.20 looks valid too as the price has triggered it and rejects it awesomely. My projection is this new week is going to be Bullish not just for Bitcoin but some other. Crypto pairs too.

ErinTuttle

Gold Rally Pauses, But Bullish Trend Holds Gold hit an all-time high of $3,167.84 earlier this week amid safe-haven buying sparked by President Trump’s new tariffs and China's retaliatory duties, which intensified global recession fears. The resulting forced selling in equities caused a brief pullback in gold prices. However, this dip is seen as mechanical, not...

ErinTuttle Updated 

Gold dropped nicely today, in a strong impulsive move which normally indicates a reversal. We also saw price touch $3,057, but we did say price also needs to close below that level which it never done. There's 2 possible plays on its next move; 1. Price just carries on dropping lower in the next week as expected. 2. Gold starts to consolidate, creating a...

ErinTuttle Updated 

Hello Traders, Bitcoin’s price action is currently respecting key volume levels, aligning with market auction theory. This concept suggests that price tends to rotate between value area high (VAH) and value area low (VAL), using the point of control (POC) as a midpoint. With price recently rejecting the VAH, the probability of a move lower has increased. Key...