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EURCHF Slips Below Key Support—More Downside Ahead?EURCHF Slips Below Key Support—More Downside Ahead? EURCHF has broken below a key support zone that has held since August 27th. Since the breakout, the candles have turned consistently red, signaling strong bearish momentum. The odds of a deeper drop are increasing. I expect EURCHF to fall toward 0.9270, especially with the Eurozone facing serious headwinds. Political instability in its second-largest economy is adding pressure to the euro, making further downside likely. Key Targets: 0.9295 and 0.9270 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by KlejdiCuni
3
#BTC/USDT Bullish Divergence on 1H, Low Risk Trade#BTC The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout. There is a major support area in green at 109800, which represents a strong support point. For inquiries, please leave a comment. We are in a consolidation trend above the 100 Moving Average. Entry price: 111164 First target: 111727 Second target: 112450 Third target: 113470 Don't forget a simple matter: capital management. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
ETH New Update (4H)This analysis is an update of the analysis you see in the "Related publications" section Honestly, as you know, the market had been ranging for several days without much movement. On the chart, we had signs of a drop, but the drop didn’t happen, and instead the market dropped in a way that was shown. Considering that the demand zone has held and the market is still ranging, we can return to the scenario of (this analysis () and expect to see some recoveries from Ethereum. Either Ethereum can get rejected from the identified supply zone, or it can make a new all-time high afterwards. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
Gold Outlook: Consolidation Before the Next Rally?👋 Hello traders, what’s your view on OANDA:XAUUSD ? Gold continues to move within a medium-term ascending channel , and the current Rising Wedge pattern shows that buyers are still in control. Recently, price has repeatedly bounced off the lower support trendline, confirming that strong demand is maintaining the uptrend. At the moment, gold is testing the $3,600 level – both a technical and psychological barrier. I expect some short-term consolidation within this wedge before another push higher. 👉 As long as price holds above key support zones and remains inside the channel, the bullish scenario remains intact. A successful breakout above $3,600 could open the way towards $3,620 – $3,640 , then $3,700 , and if momentum accelerates, even $3,900 in the medium term is on the table. 📌 The primary trend is still bullish . Buyers just need one more catalyst to ignite the next strong wave. What do you think? Can gold break past $3,600 and move higher? Share your thoughts in the comments!
OANDA:XAUUSDLong
by Dorian_Unugureanu
9
NZDJPY: Bullish OutlookNZDJPY: Bullish Outlook Since August 20, NZDJPY has been in a slow but steady uptrend. Yesterday, the price retested the support zone around 86.70 and bounced back, showing signs of strength. If this support holds, we could see another bullish push in the next impulsive wave. 🎯 Key Targets: 87.60 88.20 How quickly it will move depends on market momentum. Lately, NZDJPY has been moving slowly, so patience may be needed. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
13
NVIDIA Stock Near Support, Bullish Trend AheadNVIDIA stock is currently trading in close proximity to a critical technical support level. This positioning comes within the context of a firmly established and ongoing bullish trend, characterized by a consistent pattern of forming higher highs and higher lows on its price chart. This sequential upward movement is a classic and powerful technical indicator, suggesting that buying pressure continues to outweigh selling pressure at each successive market cycle. The prevailing market sentiment and technical structure suggest that this upward momentum is likely to persist in the upcoming trading sessions. Based on this constructive chart pattern, analysts project a potential ascent towards a significant target on the higher side, with the market poised to challenge the $183.00 per share level. This represents a key resistance point that, if breached, could signify a continuation of the bullish phase. Conversely, on the lower side, the $164.00 price level is identified as a crucial support zone. This is the floor that bulls are expected to defend vigorously to maintain the current positive trajectory. A decisive break below this support could potentially invalidate the near-term bullish outlook, making it a essential level for risk management. Therefore, while the bias remains tilted towards the upside with a clear target in sight, the $164.00 support acts as a vital demarcation line for the trend's integrity.
NASDAQ:NVDALong
by Brillant_Capital
Crypto Market Is Recovering From Support; ALTseason To Resume?Good morning Crypto traders! No major changes in the Crypto market since yesterday, but we can see the Crypto TOTAL market cap chart recovering nicely within wave (C) or (3) as anticipated on September 1st: There may still be room for more upside as the US Dollar Index (DXY) continues to weaken. Since we are still in a risk-on environment, cryptocurrencies could experience a stronger recovery. Moreover, with the ALTcoin dominance chart breaking higher out of consolidation, ALTseason may resume soon. Notice that Crypto TOTAL2 market cap chart, which excludes BTC, is still eyeing all-time highs, so we may see a breakout higher into final wave (5) of 5 soon.
CRYPTOCAP:TOTAL2Long
by ew-forecast
2
Hellena | GOLD (4H): SHORT to support area of 3558.Colleagues, gold is in an active upward impulse of big wave “1” and if until now I was only talking about long positions, now it is time to think about the correction in wave “2”. Wave “1” (red) consists of five waves and, to all appearances, wave “5” (blue) has either completed or is about to complete. This means that I expect a corrective movement to the 3558 support area. I believe that this is the minimum retracement level, and the price may reach lower values, but we will work for the result, which we will achieve soon. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDShort
by Hellena_Trade
24
Gold XAUUSD Intraday Move 09.09.2025Gold at All-Time Highs Gold is trading at all-time highs with no technical resistance above this level. In such conditions, the most reliable approach is to follow the prevailing trend. Strategy Focus on buying retracements/pullbacks. Always trade with proper risk management and stop-loss placement. Be prepared for sharp, fast pullbacks that often occur within seconds or minutes during strong rallies. Note Discipline and capital protection are key. The market structure favors continuation, but entries should be taken only on retracements with clearly defined risk.
OANDA:XAUUSD
by QuinnReed_Charts
Global Market Participants1. Classification of Global Market Participants Global market participants can broadly be divided into the following categories: Sovereign and Supranational Institutions Central Banks Governments and Sovereign Wealth Funds Multilateral Organizations (IMF, World Bank, WTO) Institutional Investors Pension Funds Insurance Companies Mutual Funds and ETFs Hedge Funds Private Equity and Venture Capital Market Intermediaries Investment Banks Brokerage Firms Clearing Houses and Exchanges Corporate Participants Multinational Corporations (MNCs) Exporters and Importers Commodity Producers Retail Participants Individual Investors High-Net-Worth Individuals (HNIs) Retail Traders Other Specialized Players Algorithmic and High-Frequency Traders Credit Rating Agencies Regulatory Authorities 2. Sovereign and Supranational Institutions 2.1 Central Banks Central banks such as the U.S. Federal Reserve, the European Central Bank (ECB), and the Reserve Bank of India are among the most powerful market participants. Their main functions include: Monetary Policy: Adjusting interest rates and controlling money supply. Foreign Exchange Interventions: Stabilizing or influencing currency exchange rates. Market Stability: Acting as lenders of last resort during financial crises. Example: When the Federal Reserve raises interest rates, global investors reallocate capital toward U.S. assets, strengthening the dollar and affecting equity and bond markets worldwide. 2.2 Governments and Sovereign Wealth Funds Governments participate in markets through: Issuing government bonds to fund fiscal deficits. Establishing sovereign wealth funds (SWFs) to invest surplus revenues, often from natural resources like oil. Engaging in trade agreements that influence global commerce. Examples: Norway’s Government Pension Fund Global is one of the world’s largest SWFs. Japan issues large amounts of government debt, making its bond market a global benchmark. 2.3 Multilateral Organizations Institutions like the IMF, World Bank, and WTO play stabilizing roles: IMF provides emergency funding to countries facing balance-of-payment crises. World Bank funds infrastructure projects that stimulate global trade. WTO regulates international trade to ensure fair practices. 3. Institutional Investors 3.1 Pension Funds Pension funds manage retirement savings for millions of workers. They are long-term investors and major players in equity, bond, and real estate markets. Example: The California Public Employees’ Retirement System (CalPERS) manages over $400 billion. Impact: Pension funds provide stability since their investment horizon spans decades. 3.2 Insurance Companies Insurance companies collect premiums and invest them to generate returns before claims are paid out. They are significant participants in bond and fixed-income markets because of their need for stable cash flows. 3.3 Mutual Funds and ETFs Mutual funds pool money from investors to buy diversified portfolios. ETFs (Exchange-Traded Funds) have become popular for their low fees and ability to track indices. Their collective influence is massive, often moving markets based on inflows and redemptions. 3.4 Hedge Funds Hedge funds use aggressive strategies (short-selling, leverage, derivatives) to achieve high returns. They are often criticized for market volatility but also praised for market efficiency. 3.5 Private Equity and Venture Capital Private Equity (PE): Acquires and restructures established companies. Venture Capital (VC): Invests in early-stage startups, fueling innovation. These funds play a crucial role in business expansion and technological progress. 4. Market Intermediaries 4.1 Investment Banks Investment banks such as Goldman Sachs, Morgan Stanley, and JPMorgan act as intermediaries between corporations and capital markets. Their roles include: Underwriting IPOs and bond issues. Advising on mergers and acquisitions (M&A). Facilitating large trades for institutional clients. 4.2 Brokerage Firms Brokerages connect retail and institutional investors to markets. They earn through commissions, spreads, or subscription models. 4.3 Clearing Houses and Exchanges Stock exchanges (NYSE, NASDAQ, LSE) provide platforms for trading securities. Clearing houses ensure smooth settlement and reduce counterparty risk. 5. Corporate Participants 5.1 Multinational Corporations (MNCs) MNCs such as Apple, Toyota, and Reliance Industries are active participants in currency, equity, and bond markets. They hedge risks using derivatives and issue corporate bonds to raise capital. 5.2 Exporters and Importers Global trade participants engage in hedging to protect against currency fluctuations. For example, an Indian exporter to the U.S. may hedge against USD/INR volatility. 5.3 Commodity Producers Oil companies, mining firms, and agricultural producers are vital to commodity markets. They hedge using futures contracts to protect against price swings. 6. Retail Participants 6.1 Individual Investors Retail investors trade in stocks, bonds, mutual funds, and cryptocurrencies. With the rise of fintech platforms, their participation has grown exponentially. 6.2 High-Net-Worth Individuals (HNIs) HNIs use private banking services for wealth management, often investing in alternative assets like real estate, art, and private equity. 6.3 Retail Traders Short-term traders focus on daily or intraday movements. With online platforms, they contribute significantly to trading volumes, especially in equities and forex. 7. Specialized Players 7.1 Algorithmic and High-Frequency Traders These participants use complex algorithms to execute trades within microseconds. While they enhance liquidity, they also raise concerns about “flash crashes.” 7.2 Credit Rating Agencies Agencies like S&P, Moody’s, and Fitch evaluate creditworthiness. Their ratings influence borrowing costs for governments and corporations. 7.3 Regulatory Authorities Regulators such as SEBI (India), SEC (U.S.), and ESMA (EU) oversee markets to protect investors, maintain fairness, and reduce systemic risks. 8. Interactions Among Participants Markets function as ecosystems where participants are interdependent: Retail investors provide liquidity. Institutional investors drive long-term capital flows. Central banks set the tone with monetary policy. Corporates raise funds and provide underlying assets. Example: During COVID-19, central banks provided liquidity, governments issued bonds, institutional investors allocated capital, and retail investors entered markets in record numbers. 9. Challenges for Global Market Participants Geopolitical Risks – Wars, sanctions, and trade conflicts disrupt markets. Technological Disruptions – AI trading, blockchain, and cybersecurity risks. Regulatory Changes – Increased scrutiny on hedge funds and cryptocurrencies. Environmental, Social, and Governance (ESG) – Pressure to adopt sustainable investment practices. Market Volatility – Rising due to global interconnection and speed of information. 10. Opportunities in Global Markets Emerging Markets: Offer higher growth potential despite risks. Digital Assets: Cryptocurrencies, tokenized securities, and DeFi. Sustainable Finance: Green bonds and ESG-focused investments. Cross-Border Investments: Enhanced by globalization and technology. Conclusion Global market participants form a complex web where each plays a unique role in shaping financial markets. From central banks and sovereign funds to retail investors and algorithmic traders, their collective actions determine the flow of capital, the allocation of resources, and the stability of economies. In an era of globalization, digitization, and sustainability, market participants must adapt to changing conditions while maintaining the delicate balance between risk and opportunity. Understanding their functions and interactions is essential for grasping the mechanics of global finance and preparing for the future of markets.
FOREXCOM:XAUUSDEducation
by GlobalWolfStreet
WTO, IMF, and World Bank in Global Trading1. Historical Background of Global Trade Institutions 1.1 The Bretton Woods Conference (1944) In the aftermath of World War II, world leaders recognized the need for a stable international economic order. The Bretton Woods Conference, held in New Hampshire, USA, in 1944, gave birth to two major institutions: the IMF and the World Bank. Their purpose was to rebuild war-torn economies, stabilize currencies, and finance reconstruction. 1.2 The General Agreement on Tariffs and Trade (GATT) and WTO In 1947, the General Agreement on Tariffs and Trade (GATT) was established to reduce tariffs and encourage trade liberalization. GATT evolved over decades and was eventually replaced by the World Trade Organization (WTO) in 1995, which took on broader responsibilities in managing international trade rules. Thus, the global economic framework today rests on three pillars: WTO (trade rules), IMF (financial stability), and World Bank (development financing). 2. World Trade Organization (WTO) 2.1 What is the WTO? The WTO is the only global organization dealing with the rules of trade between nations. With over 160 member countries, it regulates trade agreements, monitors compliance, and settles disputes. 2.2 Core Objectives Trade Liberalization – Reduce tariffs, quotas, and other barriers. Predictability – Ensure stable trade policies through binding commitments. Non-Discrimination – “Most-Favored Nation” (MFN) treatment, ensuring countries don’t discriminate among trade partners. Fair Competition – Prevent unfair practices like dumping or subsidies. Development – Provide special provisions for developing and least-developed countries. 2.3 WTO Functions in Global Trade Negotiation Forum: Members negotiate trade deals (e.g., Doha Round). Implementation and Monitoring: Ensures countries comply with trade agreements. Dispute Settlement: Provides a legal framework to resolve trade conflicts. Capacity Building: Assists developing nations with trade knowledge. 2.4 Impact of WTO on Global Trade Dramatic reduction in average tariffs (from >30% in 1947 to <5% today). Expansion of world trade, allowing developing countries like China, India, and Brazil to emerge as major players. Legal dispute resolution prevents trade wars and supports stability. 2.5 Criticisms of WTO Seen as favoring developed nations with stronger bargaining power. Negotiation rounds often stall due to conflicting interests. Critics argue WTO undermines national sovereignty by enforcing global rules. 3. International Monetary Fund (IMF) 3.1 What is the IMF? The IMF is a global financial institution headquartered in Washington, D.C., with 190+ member countries. It ensures the stability of the international monetary system—exchange rates, payments, and cross-border capital flows. 3.2 Objectives of IMF Exchange Rate Stability – Prevent currency crises and competitive devaluations. Balance of Payments Assistance – Provide short-term loans to countries in crisis. Policy Surveillance – Monitor global economic trends and provide policy advice. Capacity Development – Offer training to strengthen economic institutions. 3.3 Functions in Global Trade Financing Trade Deficits: Countries with shortages of foreign currency can borrow from IMF to finance imports. Crisis Management: Provides emergency support during global shocks (e.g., Asian Financial Crisis 1997, Eurozone crisis, COVID-19 pandemic). Exchange Rate Stability: Prevents destabilizing fluctuations that could disrupt trade. Confidence Building: By backing countries with funds, IMF assures trading partners of stability. 3.4 IMF Tools Lending Programs: Stand-By Arrangements, Extended Fund Facility, and Rapid Financing Instrument. Special Drawing Rights (SDRs): International reserve asset to boost global liquidity. Surveillance Reports: The World Economic Outlook and Global Financial Stability Report. 3.5 Impact of IMF on Global Trade Prevents collapse of trade flows by ensuring liquidity. Encourages trade-oriented reforms in developing countries. Enhances investor confidence by stabilizing economies. 3.6 Criticisms of IMF Conditionality: Loans often come with austerity measures, criticized for worsening poverty. Western Dominance: Voting rights favor developed nations, especially the U.S. and Europe. One-Size-Fits-All Policies: Structural adjustment programs have been criticized for imposing uniform economic models. 4. World Bank 4.1 What is the World Bank? The World Bank Group (WBG) is a collection of five institutions, the most prominent being the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Its primary mission is poverty reduction and long-term development. 4.2 Objectives Reconstruction & Development – Initially focused on post-war rebuilding, now on infrastructure and growth. Poverty Reduction – Promote inclusive and sustainable development. Financing Trade Infrastructure – Ports, roads, digital connectivity, and energy supply that enable trade. Knowledge Sharing – Research and technical expertise. 4.3 Functions in Global Trade Financing Development Projects: Infrastructure, education, health, energy. Trade Facilitation: Improves logistics, reduces transaction costs. Capacity Building: Helps developing nations integrate into global trade. Risk Mitigation: Provides guarantees to encourage private investment. 4.4 Impact of World Bank on Trade Building infrastructure that directly supports trade flows (e.g., transport corridors, ports). Reducing bottlenecks and making exports competitive. Encouraging private investment and entrepreneurship in developing markets. 4.5 Criticisms of World Bank Projects sometimes cause displacement or environmental harm. Critics argue the Bank pushes neoliberal reforms (privatization, deregulation). Dependence on debt financing can burden poor countries. 5. Interrelationship Between WTO, IMF, and World Bank These three institutions are often referred to as the “Bretton Woods Twins + WTO” or the pillars of global economic governance. WTO → Creates the rules of trade. IMF → Provides monetary stability for trade. World Bank → Finances development to enable trade participation. 5.1 Coordination WTO, IMF, and World Bank hold joint meetings to harmonize policies. During crises (e.g., 2008 financial crash, COVID-19), they collaborated on stimulus and debt relief. 5.2 Complementary Roles IMF stabilizes economies so they can continue trade. World Bank builds the infrastructure that enables countries to trade. WTO provides the legal framework that governs trade relations. 6. Case Studies 6.1 Asian Financial Crisis (1997) IMF provided emergency loans to South Korea, Thailand, and Indonesia. WTO prevented protectionist measures that could have worsened the crisis. World Bank financed structural reforms in affected economies. 6.2 Global Financial Crisis (2008) IMF expanded lending and increased SDR allocations. World Bank financed countercyclical projects in developing countries. WTO helped prevent a rise in tariffs and trade wars. 6.3 COVID-19 Pandemic (2020–2021) IMF mobilized trillions in emergency support. World Bank financed health programs, vaccine distribution, and digital infrastructure. WTO monitored export restrictions on medical supplies and promoted trade facilitation. 7. Criticism of Global Economic Governance Despite their contributions, these institutions face criticism: Power Imbalance: Rich nations have more influence. Conditionality and Sovereignty: Loans often reduce national autonomy. Unequal Benefits: Global trade benefits are not equally distributed. Environmental Concerns: Development projects sometimes harm ecosystems. 8. The Future of WTO, IMF, and World Bank in Global Trade 8.1 Challenges Ahead Rise of protectionism and trade wars (e.g., U.S.–China tensions). Global inequality and debt crises in developing countries. Climate change and sustainable development needs. Digital trade and financial technology disrupting traditional models. 8.2 Possible Reforms WTO: Reform dispute settlement system and include digital trade rules. IMF: Greater representation for emerging economies, flexible conditionality. World Bank: Stronger focus on climate resilience and sustainable infrastructure. 8.3 Long-Term Role Together, these institutions will remain crucial in shaping the global trade system—balancing stability, growth, and inclusivity. Conclusion Global trade is the lifeblood of the interconnected world economy, but it requires strong institutions to ensure fairness, stability, and sustainability. The WTO provides the rules, the IMF ensures monetary stability, and the World Bank finances development that enables participation in trade. Though criticized for inequities and structural biases, these institutions have prevented major global trade breakdowns, facilitated economic growth, and enabled developing nations to integrate into the global economy. In the future, reforms are needed to make them more inclusive, transparent, and responsive to new challenges such as digital trade, climate change, and inequality. Yet, their centrality in global trading remains undisputed—without them, the world economy would be far more unstable, fragmented, and vulnerable to crisis.
CME_MINI:ES1!Education
by GlobalWolfStreet
Elliott Wave Analysis XAUUSD – 09/09/2025🌀 ————————————- 🔹 Momentum • D1 timeframe: Momentum is still rising but occurs in the overbought zone → the upside potential is limited. • H4 timeframe: Momentum is also in the overbought zone and starting to reverse. Although H4 candles are still pushing up, a divergence is forming → signaling weakening bullish strength. • H1 timeframe: Momentum remains in the overbought zone → no expectation for an extended bullish leg. ————————————- 🔹 Wave Structure • D1 timeframe: o Price is in the final stage of wave iii (black) and preparing for wave iv (black). o By principle, it is better to stay patient and wait for wave iv to complete before looking for Buy entries into wave v (black), rather than trying to catch the top of wave iii. o Current price is approaching the 2.618 Fibonacci extension of wave i (black). • H4 timeframe: o Price is currently within wave v (purple). o Since it has already broken above wave iii (purple), a reversal could happen anytime. o Completion of wave v (purple) will also complete wave iii (black). • H1 timeframe: o Inside wave v (purple), a full 5-wave structure (green) can be counted. o The potential confluence zone for the end of wave 5 (green), wave v (purple), and wave iii (black) is 3669 – 3678. o After this zone, price is expected to correct into wave iv (black), which often develops sideways and shallow. ➡️ Once wave iv (black) is complete, the market is expected to continue higher into wave v (black). ➡️ High liquidity zones highlighted by the Volume Profile will act as support, preventing a deep decline and providing momentum for wave v (black). • Wave iv usually retraces back to the wave 4 of a smaller degree. Currently, we have two key areas: o Wave 4 (green) around 3597 o Wave iv (purple) around 3552 – 3530 ————————————- 🔹 Trading Plan 1. Buy Zone 1: 3598 – 3596 o SL: 3588 (or 3579 for wider risk tolerance) o TP1: 3669 2. Buy Zone 2: 3553 – 3550 o SL: 3540 o TP1: 3597
OANDA:XAUUSDLong
by WavePoint_FX
BIDU Daily Outlook – Smart Money Play in Motion🔹 Key Observations: Clear Break of Structure (BOS) to the upside, signaling bullish intent. Volume spikes confirm institutional activity around recent lows. Fib extension targets align with supply zones at $95.23 – $105.19. If $105 breaks, the liquidity pocket toward $115.73 opens up. 🔹 Levels to Watch: Support: $81.11 / $74.46 First resistance: $95.23 Major supply: $102.95 – $105.19 Expansion target: $115.73 🔹 Gameplan: Accumulation between $82–90 offers favorable risk-reward. Watch for rejection/absorption at $95–105 zone. If price clears $105 with strength → next leg likely toward $115+. ⚠️ Risks: Macro uncertainty in Chinese equities, global tech sector volatility, and earnings in late Q4. ✅ Bias: Bullish continuation setup in progress. #BIDU #SmartMoneyConcepts #Stocks #TechnicalAnalysis #TradingView
NASDAQ:BIDULong
by Wavervanir_International_LLC
XAUUSD: Buy to Win?Hello everyone, what’s your view on OANDA:XAUUSD ? Looking at the H1 chart, the price action continues to tell a compelling bullish story. Each interaction with key levels has sparked notable moves in line with the trend. Most recently, the reaction at a strong support zone showed a clear rejection. This could be an important clue, suggesting that buyers are still present and defending the uptrend. This is just my personal observation, not financial advice. Always double-check your setups and manage risk responsibly.
OANDA:XAUUSDLong
by Kenn_Nguyen
1
GBP/USD Elliott Wave Setup: Correction or Impulsive Wave Ahead?GBP/USD is showing potential to move higher toward the 1.3790 zone. Based on the current market structure, this upward leg could be developing either as part of an ABC corrective wave or as the beginning of an impulsive Wave 3. The distinction will depend on how price action unfolds in the coming sessions. If the rally forms a three-wave structure, it will likely be identified as Wave C within a corrective pattern. Conversely, if momentum accelerates and the structure extends into a five-wave impulsive sequence, it would suggest the market is entering Wave 3, typically the strongest and most directional wave in Elliott Wave theory. Traders should monitor momentum and wave subdivision closely to confirm whether this move is corrective or the start of a larger impulsive trend. #GBPUSD #ElliottWave #ForexAnalysis #Wave3 #ABCcorrection #PriceAction #ForexTrading #FXMarket #TechnicalAnalysis #TradingSetup #ForexForecast #GBPUSDAnalysis #SwingTrading #WaveTheory
by ew_17i
Latest Gold Price Update Today👋 Hello everyone , what are your thoughts on OANDA:XAUUSD ? After Friday’s impressive breakout, gold is now showing signs of a pullback at the upper resistance zone, forming lower highs and currently trading around 3590 USD. The main scenario still favors the bullish side, but I believe a correction is likely before the primary uptrend resumes. That’s the reason behind today’s retracement. The first key support to watch is 3577 USD, followed by the 3565 – 3560 USD zone. And you—do you think gold will pull back further or continue its rally? Leave your thoughts in the comments and give this post a like if you agree with my view. Good luck!
OANDA:XAUUSD
by Kevinn_Nguyen
47