Wave Analysis
Gold: A Correctional Pause Before a New RiseGold continues to trade within an upward trend, which remains valid even amid short-term corrections. After reaching local highs, the market shifted into a pullback phase, yet key support levels are holding, confirming the strength of buyers.
The current dynamics suggest that the asset is building a base for a new impulse. Corrective moves remain limited, while interest in gold persists due to expectations of a dovish Federal Reserve policy and increased demand for safe-haven assets. This strengthens the likelihood that, once consolidation ends, gold will resume its upward movement.
It is important to note that short-term fluctuations do not alter the broader picture: higher-degree waves continue to set the bullish direction. Thus, XAUUSD is in an energy accumulation phase, where the market’s next steps will determine the scale of future movement.
The gain phase before the pulse USDJPY continues to develop its structure following recent strengthening. The pair shows confident upward impulses, while corrective pullbacks remain limited, indicating buyer dominance.
The current dynamics are forming a foundation for further growth: the market holds above key levels and is gradually accumulating energy for continued movement. Within the structure, a sequence of advances is visible, confirming sustained interest in the asset from market participants.
An additional factor is demand for the dollar, supported by expectations of steady Federal Reserve policy. This increases the likelihood that USDJPY will consolidate in the upward direction and develop a new impulse.
#DASH/USDT – Bullish Breakout Setup | 1H Chart Analys#DASH
The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.
We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.
There is a key support zone in green at the 48 price level. The price has bounced from this zone multiple times and is expected to bounce again.
We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement.
Entry price: 49.50
First target: 51.60
Second target: 54
Third target: 56.81
Don't forget a simple principle: money management.
Place your stop-loss below the support zone in green.
For any questions, please leave a comment.
Thank you.
#SOL/USDT Final Liquidity Zone Before Expansion?#SOL
The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards a breakout, with a retest of the upper boundary expected.
We are seeing a bearish bias in the Relative Strength Index (RSI), which has reached near the lower boundary, and an upward bounce is expected.
There is a key support zone in green at 130, and the price has bounced from this level several times. Another bounce is expected.
We are seeing a trend towards stabilizing above the 100-period moving average, which we are approaching, supporting the upward trend.
Entry Price: 132
First Target: 134
Second Target: 137
Third Target: 140
Remember a simple principle: Money Management.
Place your stop-loss order below the green support zone.
For any questions, please leave a comment.
Thank you.
#ICP/USDT Ready for a Breakout — Double Digits Possible#ICP
The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.
We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.
There is a key support zone in green at 3.70. The price has bounced from this zone multiple times and is expected to bounce again.
We have a trend towards stability above the 100-period moving average, as we are moving close to it, which supports the upward movement.
Entry price: 3.74
First target: 3.82
Second target: 3.90
Third target: 4.00
Don't forget a simple principle: money management.
Place your stop-loss below the green support zone.
For any questions, please leave a comment.
Thank you.
Stabilization before a new impulse USDCHF shows signs of strengthening after a period of consolidation. The pair is gradually shifting upward, with impulses becoming more confident, indicating buyer dominance.
Corrective pullbacks remain limited, while upward segments retain stability. This dynamic suggests that the market is building a foundation for continued upward movement.
An additional factor is the demand for the dollar, which supports interest in the asset and increases the likelihood of a new impulsive wave. Thus, USDCHF is in a strengthening phase, where the next steps may define the scale of the bullish trend.
wave strengthening on the background of consolidation EURUSD continues to develop the upward segment of the trend that began in late autumn. The breakout of a key resistance zone has strengthened buyers’ positions and confirmed the formation of a new impulsive wave. At the moment, the market is holding its gains, though signs of slowing within the structure suggest the emergence of a corrective pause.
The wave picture remains multi-layered: higher-degree waves set the overall upward trend, while lower-degree waves create local fluctuations. Recent observations indicate that the corrective wave is close to completion, providing a foundation for further upward movement.
The fundamental backdrop also supports the euro: dollar weakness amid expectations of a dovish Fed policy and moderate growth in the eurozone economy create favorable conditions for continued strengthening of the pair. Thus, EURUSD is in a consolidation phase that may serve as a launchpad for the next impulse.
#ORCL R:R 1:10 The start of the fifth wave target $400NYSE:ORCL
TF: 1W
Oracle continues to move within a well-defined ascending channel, forming a clean 5-wave impulsive structure. The price is currently coming out of a completed wave (4) correction, which perfectly tapped into the key retracement zone:
• 0.618–0.786 Fibonacci retracement
• High-volume node on VPVR
• Lower boundary of the rising channel
This creates a strong technical cluster that supports a bullish continuation.
••Main Idea
I expect a full development of the final wave (5), which may extend further as Oracle continues to benefit from cloud growth, AI infrastructure demand, and corporate IT spending.
•••Why This Looks Like Wave (5)
1.Wave (3) was strong and impulsive with a clear vertical expansion.
2.Wave (4) formed a prolonged and corrective pullback — typical for large caps.
3.VPVR shows a dense demand cluster at the correction bottom.
Price respected the long-term trendline and re-entered the channel.
Here's why Bitcoin surged ahead of Thanksgiving
The digital asset broke $90,000 on Wednesday afternoon, reflecting strong growth in stocks as well.
What's driving Bitcoin's latest rally?
Cypherpunks and bearded libertarians used to be the epitome of Bitcoin. But after the approval of the first Bitcoin exchange-traded fund (ETF) last year, the new image is more likely that of Wall Street executives in navy suits. The ETF now holds over 1.5 million BTC, representing nearly 7.2% of the total supply. The next largest group of holders is publicly traded companies. This is key, as it likely explains why Bitcoin's $90,000 surge on Wednesday followed closely behind the stock market rally.
I'm now watching to see if Bitcoin will break $100,000 again before Christmas!
According to Newhedge, the correlation between Bitcoin and the S&P 500 climbed to 0.87 on Wednesday. In other words, the two asset classes are actually moving in tandem. Therefore, as stocks rose ahead of Thanksgiving due to increased AI hype, Bitcoin followed suit. Oracle, a major cloud infrastructure player, led a surge in large-cap tech stocks after it struck a $300 billion deal with OpenAI in September. This was largely thanks to Deutsche Bank analyst Brad Zelnick, who highly praised the company's revenue potential from the arrangement.
“OpenAI’s backlog of orders represents a solid return on investment business,” Zelnick wrote. “And validates Oracle’s leadership in large-scale deployment of AI cloud infrastructure.”
Oracle rose 4%, while the S&P 500, Nasdaq, and Dow Jones rose 0.77%, 0.86%, and 0.80%, respectively. Bitcoin rose 4%, breaking $90,000 for the first time this week, catching Turkey Day. It needs to be clear that Bitcoin is not always closely correlated with stocks; it often diverges. But as institutional money flows into the ecosystem, the cryptocurrency will inevitably succumb to Wall Street and simply reflect the ups and downs of traditional markets.
According to Coinmarketcap, Bitcoin rose 4.06% on the day, trading at $89,872.10 at the time of the report. Digital assets also rose 1.21% on the week, fluctuating between $86,171.48 and $90,389.93 in the past 24 hours.
Daily trading volume was roughly flat at $65 billion, with a market capitalization of $1.79 trillion. Bitcoin's market dominance rebounded to 58.75%, an increase of 0.41%, as the cryptocurrency regained a small portion of market share from smaller cryptocurrencies.
Coinglass data shows that total open interest in Bitcoin futures rose 2.24% to $60.52 billion, after falling to $59 billion on Tuesday. At the time of writing, liquidations remained slightly higher at $119 million. Short sellers saw $80.58 million in margin wiped out, while long investors were largely unaffected, with only $19.61 million liquidated.
Gold prices fluctuated, experiencing repeated oscillations.
Gold prices retreated during Thursday's Asian session, primarily reflecting improved market risk appetite and reduced safe-haven demand amid thin holiday trading. As market expectations for another Fed rate cut in December intensified, coupled with rising hopes for regional peace negotiations, global market sentiment turned optimistic, prompting some funds to flow from gold to risk assets. This week's US economic data was mixed, but overall did not change the market's assessment of the Fed's policy path. Data from the US Commerce Department showed that durable goods orders rose 0.5% in September, a significant slowdown from the previous 3.0%, but still higher than the market forecast of 0.3%. Excluding transportation, orders rose 0.6%, indicating continued resilience within the manufacturing sector. Gold prices retreated slightly after previous gains, mainly influenced by improved market risk appetite and rising expectations for peace negotiations. However, strong expectations of a Fed rate cut in December put pressure on the dollar, continuing to support gold. While various US economic data showed mixed results, they did not shake the market's judgment on a rate cut.
Recent speeches by several Federal Reserve officials have clearly shifted towards a dovish stance. John Williams of the New York Fed stated that if the economy remains as it is, interest rate cuts would not affect the inflation target; while Fed Governor Waller pointed out that the weakness in the labor market is sufficient to support another rate cut. Against this backdrop, the dollar index fell to a one-week low, continuing to be a significant supporting factor for gold. On the other hand, signs of improvement in the atmosphere surrounding regional peace negotiations have further boosted risk appetite. Multiple statements indicate that while negotiations remain far off, external sentiment has improved, thus weakening gold's safe-haven appeal. Overall, gold's fundamentals present a mixed structure of "cooling safe-haven demand + support from interest rate expectations." Short-term fluctuations in gold are more driven by sentiment than by trend reversal signals. From the combined perspective of interest rate expectations, dollar performance, and technical structure, this round of correction is more like a natural adjustment within an upward trend. If subsequent economic data continues to support expectations of rate cuts, then gold still has the potential to resume its upward trend after retracing to key support levels. However, it should be noted that fluctuations in peace negotiation expectations could bring additional volatility. There are no key data releases or events to watch today. The gold market will close two hours early due to Thanksgiving in the US, but this can be disregarded.
Gold Price Analysis:
Gold touched around 4173 in the US session yesterday before falling back. We identified the 4170-75 resistance level yesterday, a key resistance point we've emphasized in the past two days. If this level continues to act as resistance today, the downward momentum may persist. This morning, gold saw a slight pullback to around 4140 before consolidating in a narrow range. This morning's pullback is likely a tentative move; we will continue to monitor the resistance level to see how much further it may fall.
Looking at the four-hour chart, the triangle consolidation pattern for gold remains unchanged. The downward trendline resistance is at 4173-75. Only a decisive break above this trendline will allow for further upward movement and a new opportunity. Otherwise, it will remain in consolidation at the end of the consolidation phase. On the one-hour chart, the price has started to break below the short-term support zone and is now under pressure from the short-term moving averages. There may be some room for adjustment in the short term; we will monitor the short-term correction. Today, continue to focus on the resistance level of the upper trendline of the triangle pattern, which is also the watershed between bulls and bears. If the resistance holds, expect a pullback. Therefore, we still need to try to establish short positions today. If there is a rebound to around 4168-73, we can short. In summary, the short-term trading strategy for gold today is to focus on selling on rallies. The key resistance level to watch in the short term is 4173-4175, and the key support level is 4110-4100. Please keep up with the pace.
Apple to NVIDIAApple vs. NVIDIA Chart Analysis
Does anyone know something we don’t? This chart compares Apple to NVIDIA.
As you can see, Apple relative to NVIDIA has completed a clear five-wave structure within a descending channel.
Price has now reached the end of wave 5 at the bottom of its 11-year channel, showing a very sharp reaction along with strong divergences in both RSI and MACD on the monthly and weekly timeframes.
Based on this, price appears highly likely to rise, potentially reaching at least the channel’s upper boundary.
Potential Scenarios
This chart outlines four possible scenarios:
1.Both stocks rise, but Apple outperforms NVIDIA.
2.Both stocks decline, but Apple’s drop is more limited.
3.NVIDIA declines, but Apple rises.
4.NVIDIA consolidates, while Apple rises.
The trigger comes from RSI, which, considering the lower timeframe divergence on Chart B, provides reasonable reliability.
For additional confirmation, one can wait for a key line breakout.
Final Notes
This is my personal analysis. I’d be glad to hear your thoughts.
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Canaan Inc. CAN 1st wave completed, and 2nd Wave correction completed today in double zigzag correction.
3rd wave begins 😎 and it's Target price near 2.60$
5th wave will be ended at 3.00$ .
Highly recommended for Buying now ASAP.
$NVO inverse shoulder head shoulder completedNYSE:NVO is now trading above $50 and is on the verge of breaking out. Still holding a large position. Novo Nordisk should see $70 in the next few months.
CHFJPY Is Bearish! Sell!
Please, check our technical outlook for CHFJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 195.257.
Considering the today's price action, probabilities will be high to see a movement to 193.851.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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Short Opportunity at Upper Trendline ReactionGBPUSD is approaching the upper boundary of a well-defined ascending channel, showing signs of exhaustion at the channel’s resistance. Price has tapped the upper trendline with weakening momentum, creating a high-probability reversal zone. The setup anticipates a corrective move back toward the midline and lower boundary of the channel.
A short position is placed at the channel top, with the stop loss positioned just above recent structure highs to protect against a breakout. The target aligns with the lower trendline and prior demand zone, offering a favorable risk-to-reward profile. This idea is built on trend-structure interaction, overextension, and expected pullback behavior within the channel.
Visa: More Upside PotentialVisa’s blue wave (x) still has significant upside potential before reaching its peak. With price still trading below our resistance level at $375.51, we expect the subsequent wave (y) to take over and guide the stock into our green Long Target Zone between $292.19 and $266.47. Within this range, we anticipate the completion of the larger turquoise wave 4 before any sustainable gains can take hold. Alternatively, it’s possible that the turquoise wave alt.4 has already concluded. In this scenario, the stock would move directly toward the $375.51 resistance—and potentially break through both this level and the $394.49 mark (probability: 33%).
USOIL Is Very Bullish! Buy!
Here is our detailed technical review for USOIL.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 57.360.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 58.090 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Wayfair $W High short interest: any further upside can squeezeBought Wayfair $W
Turnaround is working: cost cuts + logistics efficiency are lifting margins, with positive adjusted EPS and improving EBITDA.
High short interest: any further upside surprise can squeeze remaining shorts.
Target $140, stop $91
CISO Global, Inc. Common Stock (CISO)Stock completed its history correction , and looks like it will go through a Harmonic pattern formation .
It's next target price is breaking up 1.70$ to start Rally to above 4.00$ .
Expecting massive Positive news coming soon.
Highly recommended for Buying from present level.
Support under 6800 likely holdsI don't think the market is acting bearish enough for a further move down under 6750 right now. We are most likely in a trading range for a while. Oil testing it's lows. BTC looks bearish. Gold looks bullish.
GBP/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are going short on the GBP/JPY with the target of 206.517 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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