Get started

Fundamental Analysis

#xauusd pullback short from %61.8 level 4192 ? #gold🔹 61.8% Fibonacci level: ≈ 4,196 🔹 Setup idea: • Short zone: 4,190 – 4,200 • Stop loss: Above 4,210 – 4,220 (to allow for wicks) • Take profit targets: • TP1: ~4,150 (minor structure) • TP2: ~4,100 • TP3: ~4,000 (major swing support) If gold rallies back to 4,190–4,200 and shows: • Bearish candle rejection (e.g. 4-hour pin bar / engulfing) • Weakening momentum or divergence on RSI • Confluence with prior resistance Then this 61.8% Fib zone is a technically valid pullback short area.
OANDA:XAUUSDShort
by mehmetgdogan
Possible buy signal forming after inverse head and shoulders?NSIS (Novonesis) has formed an Inverse Head and Shoulders (IHS) formation from August 20 to November 6 this year. The IHS is a reversal formation. NSIS broke out of a falling trend on September 30. The question now is whether we will get a buy signal from a significant breakout above the neckline — i.e., more than 3% with increased volume. We haven’t seen that yet. Such a move would also represent a clear breakout above the resistance at 415. Price momentum indicators, including RSI 21, are pointing upwards, and the stock has moved above the red cloud in the Ichimoku indicator. In the forward projection, Leading Span A is crossing above Leading Span B. There was also an almost perfect bullish engulfing signal on November 6. From a fundamental perspective, analysts are generally positive on NSIS. NSIS is the result of a merger between Chr. Hansen and Novozymes. In short, they are market leaders in industrial applications of enzymes and bacterial cultures. Disclaimer: I took a position in NSIS when it broke out of the falling trend, also based on fundamentals and the megatrends that Novonesis is exposed to. Note: Always do your own research and assessment before buying or selling stocks.
OMXCOP:NSIS_B
by scorpiris
Disney Is Up Just 4% YTD. What Its Chart Says Ahead of EarningsWalt Disney Co. NYSE:DIS plans to release fiscal Q4 results this week at a time when the stock has risen just 4% this year and trails the S&P 500 SP:SPX in timeframes ranging from three months to five years. Let's see what the entertainment giant's chart and fundamental analysis say. Disney's Fundamental Analysis The "House of Mouse" plans to roll out results ahead of the opening bell on Thursday for the three months ended roughly Sept. 30. Wall Street expects DIS to report an adjusted $0.85 per fully diluted share on about $22.8 billion of revenue for the period. That would represent a 25.4% drop from the $1.14 in adjusted EPS the company earned in the same period last year, while revenue would have grown 0.9% from the $22.6 billion DIS recorded in fiscal Q4 2024. In fact, only three of the 22 sell-side analysts that I know of that cover Disney have revised their earnings estimates higher since the quarter began, while 13 have cut their numbers. (The remaining six analysts made no changes.) But beyond analysts, many economists will also be watching Disney's earnings for signs of the U.S. consumer's financial health. After all, Disney's results could serve as an economic bellwether given that consumers might splurge on the company's theme parks and movies -- or skip them altogether depending on someone's individual finances. So far, signs for the overall leisure-and-hospitality sector aren't all that encouraging, with the most recent employment reports showing decreased labor demand across the segment. Disney's Technical Analysis Now check out Disney's chart going back some five months and running through Friday afternoon: Readers will first note that DIS peaked early this summer, creating a double-top pattern of bearish reversal marked with a jagged red line and red box at left above. The stock then went into a long falling-wedge pattern, marked with blue diagonal lines and a blue box in the chart's center and right. This is considered a pattern of bullish reversal, but the falling wedge's two trendlines appear to be coming together only very slowly. As Disney shares have worked their way lower over the past 4+ months, the stock has appeared to hit resistance at its 50-day Simple Moving Average (or "SMA," denoted by a squiggly blue line). However, the stock seems to have also found support at Disney's 200-day SMA (the red squiggly line above). Looking at the secondary technical indicators that I most often follow, Disney's Relative Strength Index (the gray line at the chart's top) has been weak, but continues to work its way towards something closer to neutral. Meanwhile, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," marked with black and gold lines and blue bars at the chart's bottom), isn't saying much at all. The histogram of the stock's 9-day Exponential Average (or "EMA," marked with blue bars) seems to be sitting very close to zero and never straying very far. Similarly, Disney's 12-day EMA (the black line) and 26-day EMA (the gold line) appear to be running together. The bulls would be rooting for the black line to overtake the gold line, but the fact that it hasn't (and that both of them are running below zero) is mildly bearish. An Options Option As I write this, the options market looks to be pricing in an approximate 7% move for Disney's stock following its upcoming earnings. Options traders with no directional bias might employ what's called a "short strangle" in this scenario because they're hoping to take advantage of so-called "intrinsic-value crush (or "IV crush"). These traders are selling potentially unlimited risk for a premium, and are willing to take a short or long equity position should the stock move more than expected. Here's an example: -- Sell (write) one DIS $119 call with a Nov. 14 expiration date (i.e., after this week's earnings come out). This was priced at about $1.36 as I wrote this column. --- Sell (write) one DIS Nov. 14 $103 put for roughly $1.33. Net Credit: $2.69. This example has three potential outcomes at expiration: -- Should the stock's price end up between $103 and $119 at expiration, the trader would simply pocket the $2.69 net credit. -- Should Disney trade above $119 at expiration, the trader would end up short 100 DIS shares at a $121.69 net basis. -- Should the stock trade at or below $103 at expiration, the trader would end up long 100 DIS shares at a $100.31 net basis. (Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in DIS at the time of writing this column.) This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct. Options trading is risky and not appropriate for everyone. Read the Options Disclosure Document ( j.moomoo.com ) before trading. Options are complex and you may quickly lose the entire investment. Supporting docs for any claims will be furnished upon request. Options trading subject to eligibility requirements. Strategies available will depend on options level approved. Maximum potential loss and profit for options are calculated based on the single leg or an entire multi-leg trade remaining intact until expiration with no option contracts being exercised or assigned. These figures do not account for a portion of a multi-leg strategy being changed or removed or the trader assuming a short or long position in the underlying stock at or before expiration. Therefore, it is possible to lose more than the theoretical max loss of a strategy. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC. TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform.
NYSE:DIS
by moomoo
2
$SPOT Earnings Report and Technical Analysis OverviewSPOT Delayed Earnings Move Earnings Report Summary On the morning of November 4, 2025, Spotify Technology S.A. (SPOT) announced its earnings results for the third quarter, surpassing market expectations. The company reported earnings of $3.83 per share, notably higher than the consensus estimate of $1.87 per share. Revenue reached $4.99 billion, beating the expected $4.89 billion. This represented a 104.81% outperformance on earnings and a 13.93% increase in revenue year-over-year, with earnings growth at 140.9%. Despite this strong performance, Spotify provided guidance for fourth quarter revenue at approximately $5.17 billion, which is below the current consensus estimate of $5.32 billion for the period ending December 31, 2025. Technical Analysis Since mid-September, SPOT shares have been in a downtrend. A downward line of resistance had been identified, and as of today, the stock has broken above it. This movement also appears to form an undercut and rally pattern. However, several technical hurdles remain. Notably, the stock has not yet established a higher low or a higher high, which are key signals needed to confirm a reversal of the downtrend. Additionally, SPOT is currently trading below its 21-day exponential moving average (EMA), 50-day moving average (DMA), and 200-day moving average (DMA). Criteria for Reversal Confirmation While there are signs that a reversal may be underway, further evidence is required. The first indication would be the formation of a higher low, suggesting some retracement without returning to recent lows. Following this, the stock would need to move above both the 21 EMA and 200 DMA. Should these milestones be reached, it could present a favorable risk-reward trading opportunity, with a stop loss placed just below the most recent established low. Investment Considerations SPOT may be worth adding to your watchlist, though the current setup does not yet meet the criteria for action under this trading strategy. It is important for readers to conduct their own analysis and consistently apply personal trading rules. All investments involve risk, and informed decision-making is essential when committing capital.
NYSE:SPOT
by Brent_Calver
Monitoring AI Valuation - Precision on Upcoming CorrectionThese are the three largest market-cap listed companies on the Nasdaq. If we are concerned about an AI bubble, I’m going to show you how I perform a quick glance at some top companies and their index to determine the likelihood of an upcoming short-, mid-, or long-term correction. In 2017, Microsoft’s P/E reached its highest at 45 — and it continued to rise after that. In 2023, Nvidia’s P/E reached its highest at 147 — and it continued to rise after that. In 2024, Apple’s P/E reached its highest at 40 — and it continued to rise after that. Micro E-mini Nasdaq-100 Index Ticker: MNQ Minimum fluctuation: 0.25 index points = $0.50 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME_MINI:NQ1!Short
by konhow
Market Sentiment Shifts: Fear & Greed, Liquidity & Next Cycle🌍 A truly global look at the market! 😱 The Fear & Greed Index has been sitting at 29 for the second day in a row, after recovering from 22–23 — even though the market has been trying to bounce for two days That means all euphoria is dead — no more 10–15 random spikes a day. 📉 Short-term — not great. 📈 Long-term — that’s actually good. ⚠️ The index trying “get the bottom,” but historically major trend reversals happened around 10–15 points — keep that in mind. 💰 Meanwhile, index USDT.D looks ready for another big downward wave, which usually means stablecoins start flowing back into crypto 🐸 (Which ones? That’s the mystery for all, will see soon 😉) 🪙 A short bullish phase might last until spring 2026, or, if the cycle stretches, even until late 2026 – early 2027 😉 ⁉️ But here’s the key question — where will the new money come from? Because liquidating traders for $30–50B and then handing out “cashbacks” of $400–500M… that’s laughable 🐔 And expecting a March 2020-style buyback again? Unrealistic. 👉 Back then, people were locked at home, got freshly printed $, and instantly sent them to exchanges 💵 That was a real injection of fresh blood into the market — hundreds of billions. Now? Nothing like that… or not yet 😉 🤔 What do you think — will a new wave of liquidity appear soon, or does the market still need more pain before the next leg up? ______________ ◆ Follow us ❤️ for daily crypto insights & updates! 🚀 Don’t miss out on important market moves 🧠 DYOR | This is not financial advice, just thinking out loud
CRYPTOCAP:USDT.D
by P_S_trade
4
GOLD volatility, monetary policy and political riskThe global OANDA:XAUUSD went through a volatile trading session on Tuesday, as prices fell more than $50 in the North American session before recovering around $30, ending the day in the green. As of Wednesday morning, November 12, spot gold stood at around $4,128/ounce, up around $2 on the day. The main drivers of this development came from two opposing factors: the prospect of the Federal Reserve (Fed) possibly cutting interest rates in December, and capital withdrawals from gold ETFs after a long rally. Policy pressures and labor market signals U.S. private payrolls data, according to preliminary estimates from ADP Research, showed a weekly average of 11,250 job cuts in the four weeks ended October 25. The weaker-than-expected figure sent the dollar to a low of 99.29, giving gold a chance to rebound. The move comes just as Washington is about to end its longest government shutdown in history, which has stalled the release of economic data. Investors are hoping the reopening of the government will quickly bring a wave of pent-up data that will help better determine the true state of the U.S. economy. “As the government reopens, we’re going to start seeing more cracks in the economy,” said Marc Chandler, chief strategist at Bannockburn Global Forex. This expectation reinforces the belief that the Fed will begin its easing cycle in December. According to the CME FedWatch tool, the probability of a rate cut has risen to 64%, while Fed Governor Milan hinted at the possibility of a 50 basis point cut due to a weak labor market and slowing inflation. ETF Profit Taking, Gold Temporarily Adjusts However, gold’s rally was capped by profit-taking in the ETF market. Bloomberg data shows gold ETFs have seen four straight weeks of outflows, after eight weeks of net buying. “Every 1% move in the gold price translates into about 10 tonnes of ETF outflows,” said Michael Haigh, head of FIC research at Société Générale. The reversal reflects investors’ defensive sentiment after gold peaked at $4,380 an ounce in mid-October, a new record high amid political uncertainty and expectations of lower interest rates. Still, safe-haven demand was strong enough to help prices recover to $4,126.77 by the end of Tuesday’s session, up 0.3%. US Politics: A lull ahead of data The US Senate has passed a deal to reopen the government, while the Republican-controlled House is expected to approve it this week, before it goes to the White House for President Trump to sign into law. The reopening of the government not only ends the government shutdown but also sets the stage for a new cycle of data releases, including official jobs and inflation reports. Medium-term outlook: Gold demand remains strong Despite short-term volatility, fundamentals remain supportive of gold. The precious metal has risen more than 55% year-to-date, on track for its biggest gain since 1979. “The medium-term support from global easing to central bank demand remains intact,” said Christopher Wong, a strategist at OCBC. Summary The gold market is operating in a cycle of monetary policy expectations and geopolitical safe-haven sentiment. As the Fed moves closer to easing and delayed data looms, price volatility is likely to remain high. However, with sustained central bank buying and global risks remaining intact, gold remains a strategic asset in a reshaping global financial landscape. Technical analysis OANDA:XAUUSD Gold prices are maintaining a short-term uptrend channel formed from the October bottom. After a deep correction around $3,970 – $3,850/ounce (corresponding to the Fibonacci levels of 0.382 and 0.5), the price has bounced back and is currently trading around $4,123, close to the technical resistance zone of Fib 0.236 at $4,128. The moving average (MA21) is currently at $4,055, acting as a dynamic support zone in the short term. The recent candlestick structure shows that the bullish momentum is being consolidated with a series of higher lows, while the RSI has recovered towards 55, confirming that the bullish momentum is regaining the upper hand. If gold holds above the $4,055 zone, the next upside targets are: • Near resistance: $4,216 – $4,220 (psychological level and 0.236 Fibonacci resistance zone). • Extended resistance: $4,308 – $4,380 (historic old peak zone). On the contrary, if the price loses $4,055, the $3,972 – $3,846 zone will become the main support zone to watch, corresponding to the lower boundary of the current uptrend channel. The overall trend remains bullish, provided the $4,055 support zone holds. The current phase is a recovery accumulation phase, which could open up a further rally towards $4,300 if US economic data continues to be weak and the Fed reinforces easing expectations. SELL XAUUSD PRICE 4201 - 4199⚡️ ↠↠ Stop Loss 4205 →Take Profit 1 4193 ↨ →Take Profit 2 4187 BUY XAUUSD PRICE 4090 - 4092⚡️ ↠↠ Stop Loss 4086 →Take Profit 1 4098 ↨ →Take Profit 2 4105
OANDA:XAUUSD
by Xayah_trading
1
Gold 30 m – Gatekeeper Zone: Momentum or Pullback1. Fundamental Overview Gold (XAU/USD) finds support amid safe-haven demand and expectations for a Federal Reserve rate cut, which eases the opportunity cost of holding gold. The relaxing risk-sentiment (e.g., government funding issues, geopolitical risks) is adding to underlying buying pressure. On the flip side: A stronger U.S. dollar and improved risk appetite may cap upside in the near term. Fundamental bias summary: Neutral-to-bullish. The backdrop remains supportive, but momentum needs to catch up. 2. Technical Analysis (30 Minute Frame) Price recently approached the USD 4,150-4,155 zone but showed signs of hesitation. Key levels to watch: Resistance zone: ~ USD 4,150-4,200. A clear break and close above here on 30m would signal momentum. Support zone: ~ USD 4,050-4,000. A break below this region risks a pullback. Technical indicators: The RSI remains above mid-line, suggesting room for upside—but momentum is not yet decisive. Technical bias summary: Slight bullish tilt only if a breakout above ~4,150 occurs. Otherwise, risk of consolidation or pullback increases. 3. Trade Plan & Key Levels 📌 Bullish Scenario: Entry: Go long if price closes on a 30-minute candle above ~USD 4,150 and retests it. Stop-Loss: Around USD 4,000, below key support. Targets: TP1: ~USD 4,250 TP2: ~USD 4,350 (if breakout is strong) 📌 Bearish Scenario: Entry: Consider short if price rejects the 4,150-4,200 zone and breaks below USD 4,050-4,000 on 30-min chart. Stop-Loss: Around USD 4,170. Targets: TP1: ~USD 3,900 TP2: ~USD 3,800 📌 Wait Mode: If price remains trapped between ~4,050 and ~4,150 without clear trigger → hold off and wait for clarity. 4. My View for Today I am leaning conditional bullish: the fundamentals support gold, but the trigger will be a technical breakout above ~USD 4,150. If that happens, upside momentum could run toward ~4,250+ levels. If no breakout, the more likely scenario is sideways action or a pullback toward ~USD 4,000-3,900. I will not chase until a clear 30-minute confirmation emerges.
OANDA:XAUUSDLong
by AthensBySahan
Bullish breakout setupA bullish breakout setup for Gold Spot (XAU/USD) following a clean break above the descending trendline resistance. Price has surged through the prior supply zone, confirming strong buying momentum. The ideal buy area lies between 4,137 – 4,144, aligning with a retest of the broken trendline and structure zone, which could now act as support. A stop-loss below 4,120 protects against a false breakout or liquidity sweep into the previous order block (OB). The target is set at 4,200, which corresponds to a significant resistance and psychological round number. Volume spikes on the breakout support bullish continuation, suggesting buyers are in control. A pullback into the highlighted zone before resuming the upward move would offer the best risk-to-reward entry opportunity.
OANDA:XAUUSDLong
by WarroomXYZ
1
11/12/25 - $crcl - $300 too expensive... <$100 too cheap11/12/25 :: VROCKSTAR :: NYSE:CRCL $300 too expensive... <$100 too cheap - market is a momentum junkie - can't be bothered to think rationally at the highs or the lows - here's a co where we can track literal revenues and i'd link to source but the last msg i tried to post (see comment in chart pre-3Q) that was spot on... is somehow shilling something? idk tradingview has moderation issues - anyway - 4Q is shaping up well - USDC is almost 25% of all stables volumes (usdt is >50%) - regulation clarity - valuation is something i'd look to dive in on - but i'm buying spot here and selling dec 19 $90c's for $10 and change for massive IV while i figure it out - but objectively $20B for this company in this environment is cheap - lmk what you see or if i'm missing the boat V
NYSE:CRCLLong
by VROCKSTAR
1
XAUUSD-GOLD-4H / at a Crossroads: Symmetrical Triangle AnalysisDear Traders, I’ve prepared a special XAUUSD–gold analysis for you. Gold is currently moving within a symmetrical triangle formation. If gold breaks upward within this triangle and closes a candle, the first target will be the 4160 level. If it breaks downward, the first target will be the 3800 level. I share these insights because I truly value you. Each follower is precious to me, and together we are like a family here. Every like and show of support motivates me to continue providing these analyses. Thank you sincerely to everyone who stands by me. With respect and affection. -TraderTilki
FX:XAUUSD
by TraderTilki
45
Gold Price Rebound Setup After Trendline Break – Bullish TargetsGold has pulled back sharply after breaking below the ascending trendline, but price is now stabilizing near the 4100 zone. Chart highlights two key bullish reaction levels around 4120 and 4158, where buyers may re-enter. A clean push above 4120 could open the path toward the upper resistance near 4158, signaling continuation of the broader uptrend. ✅ Trend Break but Recovery Attempt Price broke below the rising trendline, showing short-term weakness. However, buyers quickly reacted, pushing price back above the 4100 level. ✅ Key Levels to Watch Immediate resistance: 4120 Next bullish target: 4158–4160 zone ✅ Bullish Scenario If gold holds above 4100–4105, price can retest 4120. A breakout above 4120 should trigger momentum toward 4158–4160. ✅ Bearish Risk A drop back below 4100 invalidates the bullish setup and may push price toward 4060.
TVC:GOLDLong
by Mira_Clara
8
USD/ZAR - Is it possible we could see R16.20 again?Finally an analysis, I am hoping to work out with the ZAR. We are expecting further downside for the USD against the ZAR M Formation Price <20 and 200MA Target R16.20 Is it possible? Here are some fundamental factors. 💵 Weaker US dollar thanks to soft US labor data → Poor non-farm payroll & jobs figures in the US make rate cut odds rise, hurting the USD. ⚒️ Commodity boost → Gold & other metals are up, and since SA is a big miner/exporter, that means more USD flowing into SA economy, strengthening the rand. 📉 Fed maybe easing → Market expects US rate cuts sooner; that makes USD less attractive vs emerging-market currencies like ZAR. 📊 Good domestic signals → Business confidence, retail sales and some economic activity in SA have been decent, helping investor sentiment for the rand. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by Timonrosso
USD/JPY - The Cup that is about to Overflow to 167.76USD/JPY Analysis – The Cup That’s About to Overflow ☕💥 The Cup and Handle pattern has completed with precision, and price is now breaking out above key resistance — confirming the start of a new bullish wave. Trading above both the 20-day and 200-day moving averages, the pair has officially flipped the long-term downtrend into an uptrend. The next stop? A clean run toward the 167.76 target. Fundamental forces fueling the move: 💵 Strong U.S. dollar: Robust economic data and persistent inflation keeping the Fed hawkish. 💴 Yen weakness continues: BoJ remains ultra-dovish, maintaining negative interest rates. 📊 Yield differential advantage: U.S. Treasuries offering higher returns attract global capital. 🌏 Risk-on sentiment: Investors favoring higher-yield currencies as global growth steadies. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by Timonrosso
UK showing strong upside once breaks above C&H to 9,772 A very large Cup and Handle has formed on UK100. There are many reasons for the upside to come but here are a few ones I can think of. 📉 2. Undervalued vs. Other Indices FTSE 100 has lagged behind the US and EU — now global investors are eyeing it as a catch-up play. 💷 3. Weak Pound Helps Export Giants A softer GBP = stronger revenue for big FTSE names like Shell, BP, Unilever, etc., which dominate global markets. 🏦 4. Rate Cut Hopes Are Back With UK inflation cooling, the Bank of England might ease up — which is fuel for stocks, especially banks and housing. 📈 5. Rotational Flows Into Value Traders are rotating out of overbought tech and into solid dividend/value plays — and the FTSE is packed with them. And this is looking great for upside. We can expect upside to come ONCE the price breaks above the brim level. Price>20 and 200MA. 9,772 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATIONSB:UK100FULong
by Timonrosso
NEW Switzerland 20 – The Quasimodo Awakens with a BULL Meet the Quasimodo shape – yes, the same name as the hunchback from Notre Dame 😅 But in trading, it’s no fairy tale… it’s a powerful reversal pattern. We’ve got price above both the 20MA and 200MA, and it’s now broken cleanly above the neckline — confirming the pattern. That breakout signals a potential rally toward 14,126, as the “hunchback” finally straightens his spine and marches higher! 📈 So, if you ever see this uneven, bumpy structure on a chart, don’t laugh at it — respect it. It might just ring the church bells for your next winning trade 🔔😄 I actually came up with Quasimodo probably about 15 years ago and still rarely see it come up. 💡 Fundamentals Backing the Upside 🏦 Swiss Stability: Investors are rotating back into quality as markets calm — and Switzerland is the definition of safe and steady. 💶 Eurozone Weakness: Capital is flowing toward stronger economies like Switzerland’s. 📉 Inflation Under Control: Low inflation gives room for growth without central bank panic. 💎 Technical Confidence: Trend structure, breakout, and clean momentum alignment – it’s a classic “chart trader’s dream.” Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATIONSB:SMILong
by Timonrosso
A massive shockwave crashes against the golden roller coaster.Gold Price Analysis: Yesterday, gold rose but encountered resistance around 4150, then fell back to around 4100 before rebounding and entering a period of consolidation. As of this morning's trading, it failed to break new highs. The first wave of the upward trend since the short-term bottom at 3886 has stalled. 4160 is the starting point of the second wave of the decline after the previous drop from 4380. Short-term pressure and pullback correction are normal. The overall upward trend remains unchanged. The rise from 3886 to around 4150 represents an increase of approximately $265, and the pullback correction is entirely a normal technical adjustment. However, after encountering resistance around 4150, the upward movement will be delayed. After Monday's surge, many people thought that a rally of over $100 in a single day was coming again. But now, the market is generally in a large range of high-level fluctuations, and it's impossible for it to rise by $100 every day. However, the overall daily uptrend remains unchanged. After a short-term correction, a second wave of upward movement will begin. But there is one thing to be aware of: this wave is a rebound correction after the drop from 4380. If it takes too long to break through and fails to rise further, we should be wary of a weakening momentum and subsequent decline. So, if the market fails to break through the resistance of 4150-4160 after this period of consolidation, the bulls should be cautious. Gold Technical Analysis: After the morning's pullback, the MACD lines turned downwards again, continuing the death cross signal. Gold prices also showed a structure of lower highs, currently under pressure at the $4145 level. However, since the fast and slow lines are still running above the zero axis, if gold prices cannot fall further and cause the fast and slow lines to cross the zero axis, the bulls may launch another counterattack. The failure to break yesterday's high in the morning indicates that the bullish trend has slowed down. However, the failure to break yesterday's low of $4097 during the Asian session suggests that the bears are not strong either. The battle between bulls and bears is intense, and gold prices have entered a new adjustment period. Therefore, today's strategy remains to sell high and buy low. In the second half of the week, gold will continue to focus on testing the support level below. Currently, the moving averages show signs of crossing upwards, increasing the possibility of gold extending its rebound. However, the short-term upward movement was too sudden and the magnitude of the movement was too large, which brings great difficulty and risk to the operation. Therefore, even if the short-term outlook turns bullish, in actual operation, it is still necessary to wait for a pullback before considering going long. Do not blindly follow the bullish trend without considering the price level. In summary, today's gold trading strategy is to mainly buy on dips and sell on rallies as a secondary approach. The key resistance level to watch in the short term is 4145-4160, and the key support level to watch in the short term is 4110-4095. Friends, please keep up with the rhythm.
OANDA:XAUUSDShort
by Daniel_PrimeFX