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Technical Analysis

AMD Is Approaching Support, While Finishing A CorrectionAMD is in a very strong uptrend, supported by the impressive rally since early October when it gapped higher on positive AI news. Since then, the stock has gained more than 50%, and this bullish momentum could continue after a retracement, especially considering latest company’s better-than-expected earnings report. But based in latest price action, we assume that the market is now in a corrective pullback before resuming higher, ideally forming wave four within a broader five-wave sequence. The previous high around 220 could act as the first key support, followed by the 200 area, which also aligns with upper range of unfilled gap. So if we are correct, then later this month or early in December, the market can once again stabilize and turn up for a new high, while the price is above 187 invalidation level.  Highlights: Trend: Strong uptrend, wave four correction in view Support: 220 / 200 zone Invalidation: Below 186 Note: Wait for a pullback to complete before considering new long opportunities
NASDAQ:AMDLong
by ew-forecast
Ascending Broadening Wedge for NVIDIA Weekly ChartThe downtrend probably won't be happen in the near term, but the rebound alson have limited upside. But at least there are 2 possibilities ahead of the price. I suspect Ascending Broadening Wedge is in process in weekly chart for Nvidia. The concern is the potensial downtrend pressure, especially if support trendline break. I devide it on 2 scenario : 1. Rebound to 220/223 first. This mean no immediate breakout support anytime soon based on the count. The price will have to raise first with maximum target 220/223 before followed with rejection. But the raise don't have to be exactly 220/223. It can also retest the previous high (3) before rejected and fall. 2. No rebound, support 177/178 immediately broken, the downtren continues to the target area. There area possibilities to go up first if Santa Claus Rally succeed to push the price above or near resistance, then after the seasonal trade for Santa Claus or January effect will face the profit taking and underpressure through the supportline. After the pressure, we probably will see some demand on blue area to push the price back on the uptrend..that ofcourse..if no "AI-buble" coming in coming months DISCLAIMER Do with your own risk! This is not suggestion! This is my personal view on the opportunities that could happen to Nvidia.
NASDAQ:NVDA
by irpansupiandi
$SPY & $SPX Scenarios — Thursday, Nov 20, 2025🔮 AMEX:SPY & SP:SPX Scenarios — Thursday, Nov 20, 2025 🔮 🌍 Market-Moving Headlines 📉 Dual labor signals hit premarket: The delayed September employment report and weekly jobless claims land at the same time — a rare setup that can jolt both yields and equities. 🛒 Housing + recession gauges follow shortly after, giving traders a full macro pulse before midday. ⚠️ Reminder: Some October data (leading indicators) may still be affected by shutdown delays. 📊 Key Data & Events (ET) ⏰ 8:30 AM — U.S. Employment Report (Delayed Sept) • Payrolls: 50,000 • Unemployment Rate: 4.3% • Wages: 0.3% m/m, 3.7% y/y Treat this like a fresh NFP — major market mover. ⏰ 8:30 AM — Initial Jobless Claims (Nov 15) Actual: 227,000 Weekly update on cooling/tightening labor conditions. ⏰ 8:30 AM — Philadelphia Fed Manufacturing (Nov) Actual: 1.5 vs –12.8 prior Important for gauging demand softness vs stabilization. ⏰ 10:00 AM — Existing Home Sales (Oct) Actual: 4.10M vs 4.06M forecast Clean read on rate-sensitive housing momentum. ⏰ 10:00 AM — Leading Economic Indicators (Oct) Actual: –0.3% ⚠️ May still be subject to shutdown-related reporting delays. ⚠️ Disclaimer: Educational/informational only — not financial advice. 📌 #SPY #SPX #trading #macro #jobs #housing #labor #markets #PMI #investing #stocks
AMEX:SPYLong
by TrendTao
Hero Motocorp: Major Weekly Breakout | Auto Sector Leader STRONG BUY Setup 🏍️ Entry: ₹5,798-5,820 (Current Level) Target 1: ₹5,899-5,920 Target 2: ₹6,033-6,060 Target 3: ₹6,251-6,280 Target 4: ₹6,400-6,500+ (Extended Breakout Target) Stop Loss: ₹5,588 Technical Rationale: BREAKING OUT from year-long rectangle consolidation (5,588-5,899 range - blue shaded area) Powerful +4.69% weekly surge showing strong bullish momentum Testing upper boundary of rectangle at 5,899 (marked "3d 21h" - breakout imminent) Weekly chart showing major pattern completion Trading above descending channel (black trendlines) - channel broken Volume at 1.77M - strong for weekly timeframe confirming breakout RSI trending upward around 70-75 - strong momentum (overbought but in uptrend) Trading well above rising EMA - bullish trend confirmed Auto sector leader - largest two-wheeler manufacturer globally Multiple resistance levels clearly marked: 5,899, 6,033, 6,251 Strong support established at 5,588 (rectangle base) Previous consolidation for 12+ months = powerful breakout potential Pattern similar to 2024 rally from 3,500 to 6,000+ Risk-Reward: Excellent 1:3 to 1:5+ ratio depending on targets Pattern: RECTANGLE CONSOLIDATION BREAKOUT on WEEKLY Chart - extremely powerful continuation pattern after year-long base building Strategy: Medium to long-term positional (weeks to months) Book 20% at T1 (5,910), 20% at T2 (6,045), 20% at T3 (6,260) Hold remaining 40% for extended target 6,400-6,500+ Trail SL to 5,820 after crossing T1 Disclaimer: For educational purposes only. Not SEBI registered.
NSE:HEROMOTOCOLong
by rmhetre15
Buyers Are Back: Is Gold Ready to Break Higher?Gold is entering a promising recovery phase as macro signals are finally shifting in favor of the bulls. After three consecutive losing sessions, the market received a meaningful boost from weaker-than-expected U.S. labor data — opening up a much clearer upside opportunity for XAUUSD. The number of Americans receiving unemployment benefits has climbed to a two-month high , with continued claims rising to 1.9 million in the week ending October 18. These figures are fueling expectations that the Fed may cut interest rates in December 2025, weakening the USD and lending strong support to the precious metal. On the 2H chart, price is rebounding from the 4,060 support area and showing a clear return of buying momentum . XAUUSD will likely continue consolidating within the highlighted zone before targeting the 4,150 level. The rounded bottom formation underneath is also reinforcing the bullish scenario . Overall, the most reasonable strategy is to favor buying on pullbacks toward 4,080–4,100, aiming for 4,150. A break below 4,060 would invalidate the short-term bullish outlook .
OANDA:XAUUSDLong
by Paradise_Noir
13
GBP/USD Heading Towards Support Breakdown?Hello everyone, today we will analyze the GBP/USD pair in the context of the current market situation. Regarding the news, the GBP is under significant pressure as data from the UK shows the unemployment rate has risen to 5% , raising concerns among investors about the economic situation and the possibility that the Bank of England (BoE) may have to cut interest rates in the near future. Additionally, the USD is strengthening, driven by the market's expectation that the Fed will maintain high interest rates, putting further downward pressure on GBP/USD. Technically, the chart shows that GBP/USD is trading in an ascending channel . However, the price has failed to break through the important resistance level at 1.31800 in the most recent attempt. This suggests that buying pressure is weakening, and if this level cannot be breached, the downtrend may continue. The strong support level currently lies at 1.31300. If the price breaks below this level, the pair could drop further, heading towards the next support zone at 1.31000. These are crucial levels that traders should watch in the coming hours. In conclusion, with the current news and technical analysis, it is highly likely that GBP/USD will continue its downward trend in the next 24 hours, unless there are significant changes in policy or data from the BoE or Fed . Make sure to monitor the key support and resistance levels to make informed trading decisions. Good luck with your trades!
Short
by Paradise_Noir
GRM Overseas: Breaking 480 After 2 Years | Agri-Export LeaderSTRONG BUY Setup 🌾Entry: ₹494-500 (Current Level) Target 1: ₹509-515 Target 2: ₹519-525 Target 3: ₹528-540 Target 4: ₹560-580+ (Extended Breakout Target) Stop Loss: ₹480Technical Rationale: EXPLOSIVE BREAKOUT from multi-year resistance at 480 (blue horizontal line at top) Massive +2.83% surge on weekly chart with strong momentum Breaking above 2-year consolidation/resistance zone (highlighted "1d 19h" in green) Volume at 3.23M - strong for weekly timeframe confirming breakout Weekly chart showing major pattern completion Trading well above rising EMA (blue curve) - strong bullish trend RSI trending upward around 70-75 - strong momentum Basmati rice exporter - agri-commodity play with export potential Multiple resistance levels clearly marked: 509, 519, 528 Clear support established at breakout zone 480 Strong recovery from 2023-2024 lows (~160) to current levels Pattern shows consistent higher highs and higher lows since mid-2024 Breaking into new all-time high territory Risk-Reward: Excellent 1:4 to 1:6+ ratio for extended targetsPattern: MULTI-YEAR HORIZONTAL RESISTANCE BREAKOUT on WEEKLY Chart - extremely powerful setup after 2+ years of consolidationStrategy: Medium to long-term positional/investment (weeks to months) Book 20% at T1 (512), 20% at T2 (522), 20% at T3 (534) Hold remaining 40% for extended target 560-580+ Trail SL to 500 after crossing T1 Disclaimer: For educational purposes only. Not SEBI registered.
NSE:GRMOVERLong
by rmhetre15
Gold Consolidates Within Symmetrical Triangle as Bulls Defend 4KGold (XAU/USD) continues to trade within a well-defined consolidation pattern following its strong rally earlier in the quarter. The metal is currently forming a symmetrical triangle, bounded by rising support near 4,000 and descending resistance around 4,250. This setup reflects a period of equilibrium between buyers and sellers as momentum stabilizes after recent highs. The 50-day simple moving average (SMA) near 3,965 remains an important dynamic support, while the 200-day SMA far below at 3,427 indicates the broader uptrend remains intact. Price recently rebounded from the triangle’s lower boundary and the 50-day SMA, suggesting that short-term buyers are still active within the structure. Momentum readings are neutral to mildly constructive. The MACD lines are flattening after a bearish crossover, signaling reduced downside momentum, while the RSI hovers near 56, consistent with balanced but improving sentiment. As long as gold remains above the 4,000 region, focus stays on a potential breakout from this converging pattern — with direction likely dictated by whether bulls can overcome the upper trendline resistance or if sellers regain control near that zone. -MW
FOREXCOM:XAUUSD
by FOREX.com
US Dollar Index Tests Key Resistance Near 100 as Momentum BuildsThe U.S. Dollar Index (DXY) continues to hover near the psychological 100.00 level after recovering from its October lows. Price is currently consolidating just below the 200-day simple moving average (SMA), which aligns closely with horizontal resistance around 100.30 — a level that has capped rallies several times this year. The 50-day SMA (near 98.65) has begun to slope upward, suggesting short-term momentum remains constructive, though the broader trend still leans cautious below the 200-day SMA. Momentum indicators are showing gradual improvement. The MACD histogram is slightly positive, hinting at renewed bullish pressure, while the RSI holds above 60, reflecting strengthening momentum without yet entering overbought territory. A decisive close above 100.30 could signal a potential shift in medium-term sentiment, whereas rejection from this zone would reinforce the prevailing range between 96.40 and 100.30. Overall, the index shows cautious bullish momentum approaching a major technical test. -MW
TVC:DXY
by FOREX.com
Reversal Signal: Is EURUSD Ready to Break Higher?EURUSD is beginning to show a notable recovery after several days of correction. What stands out is that both the news flow and price action are now aligning with a bullish outlook — a strong indication that buyers are regaining control in the short term. On the news side, the USD weakened after Fed Governor Waller warned about risks to the labor market and suggested an additional 0.25% rate cut at the upcoming December 9–10 meeting. This softer Fed stance typically pressures the USD, creating a supportive environment for EURUSD to rise. At the same time, the Euro has improved as political risks in France eased. EURUSD bounced back to 1.1593, ending a three-day losing streak — a clear sign that selling pressure is fading. On the chart, price reacted strongly at the 1.1550 support zone and continues forming higher lows, showing that buying interest is quietly strengthening. If this short-term support holds, EURUSD may head toward 1.1600 and potentially the major resistance at 1.1650. In summary, with both fundamentals and technicals leaning bullish, the upward trend remains the favored scenario . A sensible approach is to wait for a retest of 1.1550–1.1580 before considering the next long entry.
Long
by Paradise_Noir
6
Bitcoin Warning Signals After October TopBitcoin is breaking back below the $100k level and the channel support drawn from the 2022 lows. This price action suggests that we may be completing the bull cycle that began from those lows—one that lasted roughly three years, similar to previous bullish phases from January 2015 to December 2017 and December 2018 to November 2021. Given this context, there is now a meaningful risk of a deeper correction. Historically, each new cycle tends to produce shallower percentage pullbacks, but the correction phase is still an important part of the broader market structure. For those looking to position themselves for the next major bull run, it would be safer to wait for the market to undergo a sustained corrective period, potentially lasting around a year, before re-entering with the broader trend. From an Elliott Wave perspective, Bitcoin may have completed a five-wave impulse within a higher-degree wave (V) of III, aligning with the idea that a higher-degree wave IV correction could now be unfolding. Additionally, from a cyclical standpoint, the market appears to have topped in October 2025, which further supports the probability of entering a bear-market phase. In summary, Bitcoin may now be transitioning from a multi-year advance into a structurally significant corrective period—one that could provide a healthier foundation for the next major expansionary cycle.
COINBASE:BTCUSD
by ew-forecast
1
GBPUSD Correction Could Trigger Fresh Longs at 1.31200Hey Traders, In today’s trading session we are monitoring GBPUSD for a potential buying opportunity around the 1.31200 zone. The pair remains in a clear uptrend, and price is currently in a corrective phase, retracing back toward the 1.31200 support–resistance confluence aligned with the ascending structure. This level has acted as a key reaction zone in previous swings, and a bullish response here could open the door for continuation toward recent highs. Trade safe, Joe.
Long
by JoeChampion
8
GOLD BOUNCES FROM $4,000 - FOMC MINUTES TODAY!💰 GOLD BOUNCES FROM $4,000 - FOMC MINUTES TODAY! 📈 Current Price: $4,085 - $4,090 🟢 Opening Price: $4,079 Yesterday's Close: $4,066 (+0.56%) Today's Performance: +0.56% ✅ Status: 🟢 RECOVERY MODE - CRITICAL DAY 🚨 MAJOR EVENT TODAY - FOMC MINUTES! ⚡ THE $4,000 SUPPORT HELD! Gold successfully defended the critical psychological level and is now bouncing. But TODAY is the most important day this week! What's Happening: ✅ $4,000 Support HELD - Bulls defended successfully! ✅ Morning Star Pattern Formed - Bullish reversal signal at support ✅ FOMC Minutes TODAY - Will determine next major move ✅ NFP Data Thursday - First post-shutdown jobs report ✅ Risk-Off Sentiment - Safe-haven flows supporting gold ✅ Expected to RISE - Analysts forecast upward movement 📊 TECHNICAL ANALYSIS Market Structure: BULLISH RECOVERY 🟢🟢 Gold has bounced off the ascending trendline AND the $4,000 psychological level - a DOUBLE support confluence! Bulls are back in control short-term. Key Development: Bulls managed to hold psychological level of $4,005 and formed Morning Star pattern indicating renewed buying activity Critical Support Levels (Defended!) 🔵 Support 1: $4,050 - $4,060 (Current base - Strong) Support 2: $4,000 - $4,005 (HELD! Psychological + Trendline) Support 3: $3,987 - $4,002 (November open) Support 4: $3,965 (November 6 low) Support 5: $3,930 (Major support) Key Resistance Levels (Recovery targets) 🔴 Resistance 1: $4,096 - $4,100 (KEY - 50-day MA + Descending trendline) Resistance 2: $4,112 - $4,120 (20-day SMA - Strong) Resistance 3: $4,140 - $4,150 (Major barrier) Resistance 4: $4,170 - $4,212 (Previous descending trendline) 📈 TECHNICAL INDICATORS RSI (14): 49 (Neutral - Can move either direction) ⚪ MACD: Rising sharply, approaching zero line (Bullish momentum!) 🟢 MFI: Growing - Liquidity inflow into asset ✅ 4H RSI: Bounced up but below 50 (Recovery attempt) ⚡ Moving Averages: Price broke above 100-day MA ✅ Testing 50-day MA at $4,096 🔴 20-day SMA at $4,112 (Resistance) 🔴 Above ascending trendline ✅ VWAP & SMA20: Aligned with market price - Equilibrium between buyers/sellers 🎯 TODAY'S TRADING STRATEGIES SCENARIO 1: BULLISH BREAKOUT 🟢 (60% Probability) On November 20, 2025, price of XAU/USD expected to RISE IF Gold Breaks Above $4,100: Break of descending trendline and 50-day MA around $4,096 could open rally toward $4,212 LONG Setup: Entry: Break and close above $4,100-$4,112 Targets: TP1: $4,140 📍 (+40 pips) TP2: $4,170 📍 (+70 pips) TP3: $4,212 📍 (+112 pips - Previous trendline touch) Stop Loss: $4,065 (Below support) Risk/Reward: Excellent 1:3+ ratio ✅ SCENARIO 2: FALSE BREAKOUT / REJECTION 🔴 (30% Probability) IF Gold Gets Rejected at $4,096-$4,112: Bulls tried but failed - retest of support coming SHORT Setup (Scalp): Entry: Rejection at $4,100-$4,112 (confirmed with bearish candle) Targets: TP1: $4,065 📍 TP2: $4,050 📍 TP3: $4,000 📍 (Retest) Stop Loss: $4,125 (Tight!) ⚠️ WARNING: This is counter-trend - use small positions! SCENARIO 3: FOMC VOLATILITY 📊 (10% Probability) IF FOMC Minutes Cause Whipsaw: Strategy: WAIT for Clear Direction Let the dust settle after FOMC release Trade the REACTION, not the news Entry: After 30-60 minutes of FOMC release Follow the momentum with trend 💎 BEST TRADE SETUPS FOR TODAY CONSERVATIVE APPROACH (Highly Recommended!) 🎯 WAIT FOR FOMC MINUTES! Don't trade BEFORE the release. Setup A - Breakout Play (Preferred): WAIT for FOMC minutes (Today, US session) IF gold breaks $4,100-$4,112 with volume Entry: $4,105-$4,112 (after confirmation) Target: $4,140 → $4,170 → $4,212 SL: $4,080 Why: Riding institutional momentum Setup B - Dip Buy: IF gold pulls back to $4,050-$4,060 Entry: $4,052-$4,060 (on bounce) Target: $4,100 → $4,120 SL: $4,035 ⚠️ DO NOT TRADE during first 30 min after FOMC release! Wait for clarity! 🌍 FUNDAMENTAL ANALYSIS TODAY'S MAJOR EVENTS 📅 🔥 FOMC MINUTES (US Session - CRITICAL!) This is THE event today. Will show: Fed's thinking on December rate cut Concerns about economy post-shutdown Inflation outlook Market waiting for FOMC Minutes release and speech by Fed member John Williams Thursday: NFP Data (First post-shutdown report) September NFP expected: +50,000 jobs Unemployment Rate: 4.3% (forecast) This could be market-moving! BULLISH FACTORS ⬆️⬆️ ✅ $4,000 Support Held - Technical strength confirmed ✅ Morning Star Pattern - Bullish reversal at support ✅ Risk-Off Sentiment - Stocks falling, gold rising ✅ Softer Treasury Yields - Making gold more attractive ✅ Shutdown Concerns - Economic weakness = gold support ✅ Analysts predict gold may reach $4,456-$4,509 by end November ✅ Central banks targeting 750-900 tonnes purchases for 2025 BEARISH RISKS ⬇️ ⚠️ Hawkish FOMC - If minutes show Fed reluctant to cut rates ⚠️ Strong NFP Thursday - Would reduce rate cut odds ⚠️ Resistance at $4,100-$4,112 - Strong technical barrier ⚠️ December Rate Cut Odds - Only 43% (down from 63%) ⚠️ DXY Still Above 99.50 - Dollar maintaining strength 🔥 MARKET SENTIMENT: CAUTIOUSLY BULLISH What's Different Today: The $4,000 level held perfectly - this is VERY bullish technically. But FOMC minutes could change everything in minutes! Analyst Views: Short-term (Today/Tomorrow): $4,000 held, bulls need acceptance above $4,100 for rally to gather steam. FOMC minutes will determine direction. This Week: Critical - FOMC + NFP data will set tone for rest of November Month End: IF recovery continues → $4,200-$4,300 possible IF rejected at $4,100 → Chop between $4,000-$4,100 💡 PROFESSIONAL GAME PLAN For DAY TRADERS: ⚡ Wait for FOMC! Do NOT trade 1 hour before release Do NOT trade first 30 min after release After dust settles, trade the direction Use tight stops (whipsaws common) For SWING TRADERS: 📊 This is Your Setup! IF $4,100 breaks with FOMC → GO LONG (hold 3-5 days to $4,170+) IF rejected at $4,100 → WAIT for next dip to $4,000 Target: $4,212 (1-2 week hold) For LONG-TERM INVESTORS: 💎 Accumulation Zone $4,000-$4,080 range is BUYING opportunity Long-term targets: $4,500-$5,000 (2026) Strategy: Build position gradually Vision: Multi-month hold 📅 TODAY'S TIMELINE Asian Session (Done): Gold bounced to $4,085-$4,090 ✅ European Session (Now): Consolidation before FOMC US Session: FOMC MINUTES RELEASE 🔥🔥🔥 After FOMC: Big volatility expected - direction determined Tomorrow (Thursday): NFP Data (September) - First post-shutdown This will confirm or reverse today's move 🎬 BOTTOM LINE (TL;DR) Price: $4,085 (Bouncing) Bias: 🟢 BULLISH (IF breaks $4,100) Key Level: $4,100 (Break = Rally | Reject = Chop) Today's Event: FOMC MINUTES (Trade-defining!) Best Action: WAIT for FOMC, then trade the breakout Risk Level: HIGH (Event volatility!) 🔔 THE $4,100 LEVEL - TODAY'S BATTLEGROUND! IF GOLD BREAKS ABOVE $4,100-$4,112: ✅ Bulls win! ✅ Target $4,140 → $4,170 → $4,212 ✅ Possible rally to $4,250+ ✅ GO LONG after confirmation IF GOLD REJECTS AT $4,100: ⚠️ Bulls stall ⚠️ Range between $4,000-$4,100 continues ⚠️ Wait for next setup ⚠️ Don't force trades FOMC DECIDES EVERYTHING! 📊 Dovish = GOLD UP 🚀 📊 Hawkish = GOLD DOWN/SIDEWAYS 📉 📊 TECHNICAL OUTLOOK Trend: 🟢 BULLISH (Short-term recovery active) Momentum: IMPROVING - MACD rising 📈 Support: HOLDING at $4,050-$4,060 ✅ Resistance: TESTING at $4,096-$4,112 🎯 Pattern: Morning Star reversal + Trendline bounce Next Move: Break $4,112 = UP | Reject = CHOP Key Technical: Having bounced off ascending trendline and $4,000, gold broke above 100-day MA and now testing descending trendline/50-day MA confluence ⚠️ RISK MANAGEMENT - FOMC DAY! ✅ Wait for FOMC - Don't guess the news! ✅ Small Positions - Risk MAX 1% (High volatility!) ✅ Wide Stops - Give trades room (40-50 pips) ✅ Quick Profits - Lock gains on FOMC spikes ✅ No Revenge - If wrong, accept and move on 🎯 SWING TRADE SETUPS Setup A - FOMC Breakout (Recommended): WAIT for FOMC minutes release Entry: IF breaks $4,112 (after FOMC) Target 1: $4,170 (Hold 2-3 days) Target 2: $4,212 (Hold 5-7 days) Target 3: $4,250 (Hold 1-2 weeks) Stop Loss: $4,070 Setup B - Rejection Trade: Entry: IF rejected at $4,100 (after FOMC) Target 1: $4,050 (Hold 1-2 days) Target 2: $4,000 (Hold 2-3 days) Stop Loss: $4,125 🏆 PROFESSIONAL ANALYSIS SUMMARY Gold has executed a PERFECT TECHNICAL BOUNCE from the $4,000 psychological level. The formation of a Morning Star candlestick pattern at support is a classic bullish reversal signal. The Setup: Price trading at $4,085.62 as of 19.11.2025 Held $4,000 support perfectly (double bottom with trendline) Now testing critical $4,096-$4,112 resistance zone FOMC minutes today will determine next major move Most Likely Scenarios: Scenario 1 (60%): FOMC shows Fed concerned about economy → Gold breaks $4,112 → Rally to $4,170-$4,212 Scenario 2 (30%): FOMC shows Fed staying hawkish → Gold rejected at $4,100 → Range $4,000-$4,100 continues Scenario 3 (10%): FOMC very dovish → Gold explodes through $4,212 → $4,250+ The Big Picture: $4,000 holding is VERY bullish. This was the make-or-break level and bulls defended it perfectly. If FOMC is dovish or neutral, gold has clear path to $4,200+ 💪 TRADING PSYCHOLOGY TIP THE BOUNCE IS HERE! Yesterday we were at $4,000 and scared. Today we're at $4,085 and hopeful. This is why you MUST have a plan and stick to it. Those who bought at $4,000 yesterday are now profitable. Discipline wins! 🎯 🎓 LESSON: THE MORNING STAR PATTERN What happened at $4,000: Day 1: Long bearish candle (fear) Day 2: Small candle (indecision) Day 3: Long bullish candle (bulls return) This is a Morning Star - one of the most reliable bullish reversal patterns! It shows bears exhausted and bulls taking control. Trading Strategy: When you see this at major support (like $4,000), it's a HIGH probability long setup! 🔮 FORECAST Today: FOMC minutes → Breakout $4,112 OR rejection Tomorrow: NFP data → Confirm today's direction End of Week: $4,140-$4,170 OR back to $4,000 Next Week: Recovery continues to $4,200+ if $4,100 breaks Month End: $4,250-$4,300 (IF bullish scenario plays out) 🚨 FOMC MINUTES - WHAT TO WATCH FOR Dovish Signals (Gold UP 🟢): Concerns about economic weakness Mentions of shutdown impact Opens door to December cut Worries about labor market Hawkish Signals (Gold DOWN/FLAT 🔴): Confidence in economy Inflation still concerning No urgency to cut rates Strong labor market comments Neutral (Gold CHOP ⚪): Data-dependent language Wait-and-see approach No clear direction 📊 SUPPORT/RESISTANCE SUMMARY Strong Support: $4,050, $4,000 (CRITICAL) Weak Support: $4,065, $4,040 Weak Resistance: $4,096, $4,100 Strong Resistance: $4,112, $4,140, $4,170, $4,212 Breakout Level: $4,112 (Game changer!) Breakdown Level: $4,000 (Would be very bearish) ⚠️ FINAL DISCLAIMER Today is a high-impact event day. FOMC minutes can cause extreme volatility and rapid price swings. This analysis is for educational purposes only. Never trade the news blindly - wait for confirmation. Use stop losses religiously. Position sizes should be smaller than normal on event days. False breakouts are common immediately after news. The first move after FOMC is often NOT the real move. Past performance does not guarantee future results. Consult a licensed financial advisor before trading. 📱 CRITICAL DAY AHEAD! 💬 FOMC minutes in few hours! 🔔 HIGH volatility expected ⚡ Trade the reaction, not the prediction! 🙏 Be patient, be disciplined! #Gold #XAUUSD #FOMC #ForexTrading #TechnicalAnalysis #NFP #MorningStar #BullishReversal #EventTrading #RiskManagement #FOMCMinutes #MarketAnalysis #DayTrading #SwingTrading
TVC:GOLDLong
by AthensBySahan
SPY Bearish Pullback: Channel Breakdown or BounceOn the daily chart (1D), SPY remains in a strong long-term uptrend, with price still well above the 120-day moving average around 643. However, the short-term picture has turned corrective. Price has slipped below the 20-day MA near 677 and is now battling the 60-day MA around 665, moving inside a descending channel of lower highs and lower lows. The recent swing high near 690 is the key resistance that capped the last bullish leg and started this pullback. The immediate battleground sits in the 650–655 zone. A daily close below 655 would confirm a breakdown from the channel and open room toward 645 and the 120-day MA, where dip buyers may look for a stronger reaction. As long as SPY holds above the 120-day MA and especially 642, the broader bullish structure remains intact. On the flip side, a daily close back above 677 would signal that buyers have reclaimed the short-term trend, putting 690 and then 701 back on the map as upside reference points. A deeper dip toward the 643–650 zone followed by a daily close back above 650 would frame a classic “buy-the-dip” scenario in a primary uptrend. Thought of the Day 💡: The most powerful setups come from knowing exactly where your idea is wrong, not from predicting where price “must” go. This is a study, not financial advice. Manage risk and invalidations. ---------------------- Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts!
AMEX:SPY
by bbqgio
PLUG: recharged on the retest, or another fork with no voltage?PLUG tapped perfectly into the 1.85–2.00 zone - a clean confluence of the MA200, the ascending daily trendline, and the main support that launched the summer rally. Oscillators dipped into oversold, candles show buyer tails, and volume confirms defense of the level. As long as price holds above the trendline, the bullish scenario stands: breaking above 2.70 opens 3.36, and a move above 3.36 targets 4.58. The extended target at 6.56 requires a full breakout from the broader accumulation range. Company: Plug Power is one of the key players in hydrogen fuel-cell technology, producing electrochemical systems, electrolyzers, and industrial energy solutions for logistics, manufacturing, and infrastructure. Fundamentally , as of November 19, Plug remains pressured but gradually stabilizing. OPEX continues to decline, manufacturing efficiency improves, and the company expands partnerships in the green hydrogen ecosystem. Revenue volatility persists, but contraction slows, while new electrolyzer deployments build the future pipeline. Scaling production decreases unit costs, and margin improvements suggest the company is climbing out of the worst phase. Policy support and industrial demand keep hydrogen a long-term thematic growth story - though near-term risks remain. Technically , the bullish structure holds above 1.85–2.00. A breakout above 2.70 activates 3.36, and strength above 3.36 brings the 4.58 target into play. Losing the MA200 risks a prolonged range, but current reaction shows buyers stepping in with precision. Plug pretends it's collapsing, but really - it’s just plugging itself in for the next run.
NASDAQ:PLUGLong
by TotoshkaTrades
1
Gold Forms Inverted Head & Shoulders: Reversal Signal!After a short-term corrective decline, the $4,000 level has triggered strong BUY momentum, creating a clear price rebound at the end of yesterday's session. The increase in buying volume indicates that the BUY side is returning to the market after several sessions of being pushed down. 📊 Prominent Technical Structure On the 2H chart, gold is completing the Inverted Head & Shoulders pattern – one of the strongest bullish reversal patterns. • Head: liquidity bottom at 4,00x • Two shoulders: forming symmetrically with good bounce • Neckline: area 4,101–4,102, currently a key resistance Price is likely to: 1️⃣ Slightly adjust to the neckline area or BUY ZONE 4,044–4,046 2️⃣ Retest – Accumulate – Confirm breakout 3️⃣ Break out towards 4,146 → 4,187 when the pattern is complete 🎯 Short-term Expectations Volatility may increase ahead of upcoming economic data, so the reasonable strategy remains: ✅ Prioritize BUY according to the pattern • Wait for retest of neckline or area 4,044–4,046 • Observe confirmation force (Volume – Momentum – Rejection) • Target towards 4,146 → 4,187 if the pattern is activated ⚠️ Note – The reversal trend is only truly confirmed when the price clearly breaks the 4,101–4,102 area. – Market sentiment currently leans towards recovery, but clear signals are needed before entering large (long-term HOLD) positions.
OANDA:XAUUSDLong
by MMFlowTrading