Downloading...
Download

Shortsetup

Idea for Mon 14 Apr - Gold Short – Bear in a Bull OutfitOANDA:XAUUSD Gold has been heavily influenced by recent developments in the trade war. A 90-day pause on tariffs (excluding China) and the exemption of smartphones and computers from tariffs were announced on friday. These headlines may temporarily calm markets and give stocks room to rise — which typically puts pressure on gold. If Dollar is rising again, could be a side effect too. This could lead to a short-term pullback in gold prices. A price gap was formed around $3175.51 during the opening session on Thursday, April 10th. After a small bounce, i expect gold to move downward to fill that gap. A potential support level is sitting near $3156, which could act as a bounce zone. "Next week it’s a bear inside a bull outfit." Despite a broader bullish structure, we could see the week start with a correction. A classic gap-fill setup for the short-term traders. RSI and MacD are on top levels, but for how long? ------------------------------------------------------------------------- This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly. Good luck and safe trading! 🚀📊
OANDA:XAUUSDShort
by Wick-Sniper
2
$GLD - bullish momentum soon to stallHello, I was bullish on AMEX:GLD for a bit and now examining the charts, multiple frames, this may be setting up for a good short. If geopolitics and tariff talks deescalate then this should cool off. The Elliot wave placed indicates some time for a correction/pull back on this hot commodity and the candle on the Daily from Friday is a spinning stop doji which can indicate reversal in an uptrend. Also, we have so many gaps up that happened in 3 day span, crazy actually. I labeled areas of targets to fill these gaps. Expecting a retracement to $280. WSL.
AMEX:GLDShort
by wallstreetloser001
SPY Trade Review – Potential Pop and Flop SetupI’m tracking a potential pop and flop scenario forming on SPY. There’s a setup for a possible 5.5% move higher, followed by the opportunity for a larger short of up to 15% toward final downside targets. SPY and its key influencers, including the Magnificent Seven , are currently rebounding off significant support levels. This could allow for continued upside before running into major resistance. As highlighted in the chart, we may see a further push higher of approximately 5.5% , taking us into the weekly/daily high support lost zone at $564 . If this level acts as firm resistance and price reverses, a break below $549.83 (our trigger for adding short exposure) could lead to a significant selloff. Downside targets include: - Target 1: $502 - Target 2: $476.30 (a potential new local low) A daily or weekly close above $564.52 would invalidate this short setup. This is a high time frame setup , but I’ve shown it on the 4-hour chart for greater clarity. Now we wait and see!
AMEX:SPY
by ViciTradingSolutions
2
#NEIROETHUSDT maintains bearish momentum❗️Keep an eye on the BYBIT:NEIROETHUSDT.P — the structure suggests a possible local rebound or a breakout of the wedge to the upside. Opening a short here goes against the structure and lacks confirmation 📉 SHORT BYBIT:NEIROETHUSDT.P from $0.01612 🛡 Stop loss $0.01693 🕒 Timeframe: 1H ✅ Overview: ➡️ The chart shows BYBIT:NEIROETHUSDT.P forming a bearish continuation move after breaking out of a consolidation range. ➡️ Entry at $0.01612 corresponds to a retest of former support turned resistance. ➡️ Selling volume is increasing, supporting bearish pressure. ➡️ The POC level at $0.02084 remains far above the current price, highlighting downward imbalance. 🎯 TP Targets: 💎 TP 1: $0.01586 💎 TP 2: $0.01535 💎 TP 3: $0.01500 📢 Additional scenario notes: 📢 A false breakout above the entry zone is possible — wait for confirmation of the $0.01620 break. 📢 Watch for volume spikes near TP1 and TP2 — could signal partial take profits. 📢 If price reclaims $0.01693, the setup becomes invalid. 🚀 BYBIT:NEIROETHUSDT.P maintains bearish momentum — downside move expected!
Short
by MoriartyTrading
Gold begins to stabilize, trading around 2990⭐️GOLDEN INFORMATION: Gold price (XAU/USD) finds renewed upward momentum during Tuesday’s Asian session, appearing to end a three-day losing streak after dipping to a nearly four-week low around the $2,957–2,956 region on Monday. Investor sentiment remains fragile amid lingering concerns over a potential global trade war, triggered by US President Donald Trump’s sweeping reciprocal tariffs announced last week. Fears of a recession and heightened uncertainty continue to fuel safe-haven demand, helping bullion stabilize after its sharp pullback from last Thursday’s all-time high. ⭐️Personal comments NOVA: Gold price is in a correction downtrend, will continue sideways around 2950 - 3040 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3036 - 3038 SL 3043 TP1: $3020 TP2: $3005 TP3: $2990 🔥BUY GOLD zone: $2962 - $2964 SL $2957 TP1: $2975 TP2: $2990 TP3: $3010 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
1
Elliott Wave Analysis on $SOLUSDT – ElliotWave count🟢 Current Wave Structure The chart shows a complex corrective structure that fits well within the Elliott Wave principle: We are currently in a larger ABC correction, with the green-labeled wave (C) likely approaching completion. The most recent move down in green (C) may have marked the end of a broader corrective cycle. The current movement looks like a short-term ABC correction in red – typical for a corrective bounce after a strong sell-off. 🟥 Short-Term Movement (Red Wave A-B-C) Within the lower timeframe, we can see a corrective recovery forming a red A-B-C structure: Wave A (red) has already completed, Wave B (red) is currently forming (sideways or slightly lower), Wave C (red) could result in a final push upwards towards the green descending trendline – targeting around 138–142 USDT – unfolding as an internal orange A-B-C. 🟩 Key Trendline (Green) The green descending trendline has been respected multiple times and acts as strong technical resistance. ⚠️ Scenario: A rejection from this level is highly likely and would mark the end of the current relief rally – completing the larger green wave (B). 🟧 Short Entry Zone The orange Fibonacci zone around 142 USDT marks an ideal short setup area. This level is confluence of Fibonacci extensions and previous resistance. ⚪ What’s Next? After the orange wave C finishes (completing green wave (B)), I expect an impulsive move to the downside – likely unfolding as a classic 1-2-3-4-5 wave within the green wave (C). Target zones: First zone: ~108 USDT (highlighted by green/yellow/red Fibonacci extension), Final bear target: Possible deep wick below due to the high volatility and liquidity in that zone. ✅ Key Support Zone (Green / Yellow / Red) Around 108 USDT, we find a strong confluence support – labeled as End of Bears. This zone may act as a potential reversal point, possibly kicking off a new bullish cycle with long-term targets reaching 200+ USDT.
Long
by ElliotXSolana
Gold prices start to cool down - back to 3000✍️ NOVA hello everyone, Let's comment on gold price next week from 04/07/2025 - 04/11/2025 🔥 World situation: Gold (XAU) prices deepened their decline on Friday, sliding to a seven-day low of $3,015 before rebounding slightly, after remarks from Federal Reserve (Fed) Chair Jerome Powell suggested that inflation may accelerate again due to the impact of tariffs. At the time of writing, XAU/USD is trading at $3,029, representing a 2.70% drop. Market volatility persisted as tensions escalated in the ongoing trade conflict between the United States (US) and China. In addition, Powell dampened hopes for imminent Fed rate cuts, stating that tariffs are expected to affect the US economy by slowing growth and pushing inflation higher. According to a Financial Times (FT) report, hedge funds faced their largest margin calls since the Covid-19 pandemic, triggered by President Trump’s Liberation Day announcement. 🔥 Identify: The FOMO increase in gold prices is starting to show signs of stopping due to concerns about economic recession. Gold prices will continue to decline back to the price range below 3000, stabilizing the market again. 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $3054, $3076, $3105, $3135 Support : $2998, $2953 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
3