The kickback looks very bullish, but we are at resistance from the previous flag as well as horizontally. It could be a great short trade, but be careful.
Today is Friday, and market sentiment is not high, so price fluctuations are not expected to be significant. A real surge in bullish volume is likely to occur next week. Therefore, we can treat today's market as a short-term trend. The short-term resistance is around 4200. It would be safer to enter a long position when the price falls back to the 4120 range. After forming multiple bottoming patterns on the 1-hour chart, gold prices surged rapidly upwards, indicating strong short-term bullish momentum. Gold has a key short-term support level around 4100. In the short term, as long as gold stays above 4100, it's a good time to buy on dips. Because the US market closed early today, the market movement may be limited. It's best not to chase the rally too aggressively for now and patiently wait for a pullback.
$NVDA down 1.39% at 194.83—ugly day for AI chipmakers. Volume shows serious selling pressure. News not great either; big drops across the sector wiped $137B in value. If 190 holds, might see a bounce, but bears seem to have the upper hand for now. Watch closely.
Hello It's a Bitcoin Guide. My analysis is optimized for TradingView. If you press the Replay button, you can check real-time movements. This is the Bitcoin 30-minute chart. *Long Position Strategy based on the movement path of the red finger 1) $60,964.5 Long Position Entry Zone / Stop Loss if broken below the purple support line 2) $63,940.4 Long Position 1st Target Price (Autonomous Short) 3) $62,802.7 Long Position Re-entry Zone -> Great Final Target Price Please be cautious as the bottom is open if the purple support line is broken. Please use my analysis only as a reference and for practical purposes. I hope you operate safely by strictly adhering to trading principles and stop-loss orders. Thank you.
The kickback looks very bullish, but we are at resistance from the previous flag as well as horizontally. It could be a great short trade, but be careful.
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$NVDA stumbling at $197.58, down 1.25%. Volume over 134M but price struggling to hold against fading sentiment. News of a revenue-boosting plan doesn’t seem to excite. Tech stocks dumping after a hot first half—time to be picky or watch for a flush.