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GOLD (#XAUUSD): Next Week's Trading Plan Simplified 🥇 This week, gold experienced a slow consolidation phase after reaching a new all-time high. Here are the potential scenarios for next week: 1. Bearish Scenario: - If the price drops and closes below the 2144 level on a daily basis, it confirms the strength of the sellers. - A correctional movement is expected,...

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BTCUSD Next movement possible FREE SIGNAL Sell zone - 67100-67500 Take profit 1 - 66500 Take profit 2 - 65500 Stop loss - 67650 Scalping trade Buy zone - 65500-64800 Take profit 1 - 66500 Take profit 2 - 67000 Take profit 3 - 68000 Take profit 4 - 69000 Take profit 5 - 71000 Take profit 6 - open Swing trade if a signal reaches "30 pips" take some...

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EURGBP Possible zone if a signal reaches "30 pips" take some profit & move SL to the break even. Psychology, discipline, and capital management are the three essential factors for achieving victory. If you find our analytics valuable, please show your support by liking and commenting. Your engagement is greatly appreciated!❤️ Trade Wave.

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XAUUSD Possible zone Psychology, discipline, and capital management are the three essential factors for achieving victory. If you find our analytics valuable, please show your support by liking and commenting. Your engagement is greatly appreciated!❤️ Trade Wave.

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GBPCHF Possible zone Psychology, discipline, and capital management are the three essential factors for achieving victory. If you find our analytics valuable, please show your support by liking and commenting. Your engagement is greatly appreciated!❤️ Trade Wave.

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Bitcoin Analysis: Rising Wedge Pattern and Potential Breakout/Breakdown In this detailed analysis, we will examine the current state of the Bitcoin market in the daily timeframe, focusing on the presence of a rising wedge pattern. We will discuss the technical implications of this pattern, potential support and resistance levels, and the critical factors that...

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Crude Oil Analysis: Bullish Channel Fake-Out and Potential Trend Continuation Introduction: In this comprehensive analysis, we will examine recent developments in the crude oil market, highlighting a fake-out of a bearish break in a bullish channel. We will discuss the implications of a bullish channel preceded by a strong downtrend and the possibility of a trend...

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Gold Analysis: Impending Breakdown and Consolidation Pattern In this detailed gold analysis, we will examine recent developments in the market and highlight key technical patterns. The breakdown of the ascending triangle pattern, coupled with a double top formation, indicates a potential shift in the gold price. We will also discuss the significance of support...

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Last week, US oil experienced a decline after reaching the high point of 76. Unexpectedly, it fell back to 73, causing some damage to market confidence. From a technical perspective, it also dropped below the average daily line and the previous trend line, significantly impacting its overall shape. As a result, the trend of US oil this week needs to undergo a...

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The Eurozone's economic performance has been disappointing in the past week, putting downward pressure on the Eur/Usd exchange rate. Several indicators showed that the region's economy is struggling, such as: - German Factory Orders: down by 0.3%, below the expected 1.1% - German Industrial Production: down by 0.7%, below the expected 0.4% - Unemployment Rate:...

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The chart shows the price movements of gold (XAU) over time. A few periods ago, the price bounced off the support level that matched the support zone and dropped to 1930 points. Then, it quickly recovered and went above the 1975 support level, breaking it and entering a consolidation phase. Within this phase, gold tested the support level again and then...

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The price of gold stays within a familiar range, as XAU/USD keeps lower levels on Monday. The US Dollar gains strength as stocks plummet on Wall Street, showing a gloomy market mood. However, the upside is capped by the key macroeconomic data. Investors are optimistic that the Federal Reserve (Fed) will start cutting interest rates soon, but they are waiting for...

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I think this is a very risky time to sell oil. The oil market is very volatile and influenced by the decisions of OPEC. Lately, the oil price has been on a downward trend and has been stuck in the same range for a long time. It failed to break above 74 again and it might drop further in the near future. But this is also a very uncertain situation because of...

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EURNZD is currently testing the resistance of a horizontal daily range. The price has formed a double top pattern on a 4H time frame, which suggests that we may see a bearish movement soon. Based on this analysis, I anticipate that the price will drop to 1.750 or 1.745. This prediction is based on the 4H time frame. If you find our analytics valuable,...

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AUD/CAD has recently broken and closed below the key psychological level of 0.9000, which has now turned into a resistance level. This break indicates a shift in market sentiment, with bearish dominance becoming more apparent. The price action has been consistently forming lower lows and lower closes within a descending channel pattern, further confirming the...

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The price of gold has perfectly aligned with my previous analysis. It experienced a sharp decline from the resistance zone and reached the target levels. XAU/USD broke through the support level and established new lows after the breakout. Although it surpassed the previous low, it did not sustain below it, suggesting a potential period of sideways movement. In...

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US100 Technical analysis Elliott wave If you find our analytics valuable, please show your support by liking and commenting. Your engagement is greatly appreciated!❤ Trade Wave.

tradewave1 Updated 

Greetings, fellow traders! Today, I'd like to share my insights on the current state of the Gold market. Upon careful examination of the chart, a notable event occurred a few days ago when the price broke below the support level, coinciding with the buyer zone, resulting in a rapid decline to 1935 points. However, subsequent movements exhibited an upward trend...