Gold to 3040
Gold has formed the shark pattern at 2935. Now we head north, onwards and upwards to 3040.
Rapid rise coming....
All the best.
source https://www.tradingview.com/chart/XAUUSD/pI8pD930-Gold-to-3040/
Gold has formed the shark pattern at 2935. Now we head north, onwards and upwards to 3040.
Rapid rise coming....
All the best.
. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Big money is moving into $OMUSDT!
Just spotted a massive buy worth 5M+
OMUSDT —institutions are loading up! 😳
What do they know that we don’t? Something big is brewing for $OMUSDT!
The momentum is real, and #MANTRA is just getting started.
Don’t fade it.
📊🔥 DXY & Gold (XAU/USD) Market Summary – February 24, 2025 🔥📊
💵 U.S. Dollar Index (DXY): 106.679 📈 (+0.09%)
🟡 Gold (XAU/USD): $2,930.81 📉 (-$8.85 | -0.30%)
📅 Recent All-Time High: $2,954.95 (February 21, 2025) 🚀
🌍 DXY Historical & Seasonal Patterns 📅
📌 📈 All-Time High: 164.72 (Feb 25, 1985)
📌 📉 Record Low: 70.70 (March 2008)
✅ 🔻 End-of-Year Weakness:
DXY tends to decline in December (-1% on average).
Caused by U.S. companies adjusting their balance sheets.
✅ 📈 May Strength:
DXY historically rises in May (9 out of 10 times from 2007-2016).
Driven by seasonal economic momentum in the U.S.
📌 📰 Recent Developments:
DXY at 106.43, impacted by geopolitical tensions & trade policies.
President Trump considering measures to weaken the dollar to address trade imbalances.
🌎 Market Impact 🏦📉
📌 🛑 DXY UP → Gold Down (Inverse Correlation)
📌 ⚔️ Geopolitical Tensions: U.S.-Ukraine conflict boosting gold’s safe-haven demand.
📌 💰 Trade Policies: Trump’s tariff hikes increasing economic uncertainty → Gold demand rising.
📉📈 Technical Analysis 📊
✅ 🔻 Support Levels:
🟡 $2,892 (Immediate Support)
🛑 $2,865 (Institutional Buy Zone)
🚀 🔺 Resistance Levels:
💎 $2,955 (Key Resistance) 🔥
🎯 $3,000 (Bullish Breakout Target) 🚀🏆
🎯 Trading Plan: Bullish or Bearish?
🐂 Bullish Setup:
A break above $2,955 → 🚀 Gold targets $3,000+ 📈
Goldman Sachs Forecast: $3,100 by year-end 📊🏦
🐻 Bearish Setup:
If $2,892 fails, gold may drop to $2,865 🔻
🛡️ Risk Management 🚨
✅ 📏 Position Sizing: Adjust based on volatility ⚖️
✅ 🚨 Stop-Loss: Place SL below $2,892 🛑 to protect capital
✅ 📊 Diversify: Balance gold trades with other assets 💹
📌 Conclusion 💡💰
🔥 Gold remains bullish, but watch DXY & geopolitics for volatility!
📉 A drop below $2,892 = short opportunity.
📈 Break above $2,955 = bullish rally to $3,000+.
🚀 What’s your move? Buy, sell, or wait? 🎯📉📈
Hi all feel free to add input into this outlook.
Looking to sell directly off the OB within the 71% range of the OTE entry model.
Aiming to take out sell side Liquidity and possible move into the Demand zone after a couple days
Good Luck if you decide to follow and be sure to leave your input