Technical Analysis: Ascending Channel PatternThe asset is exhibiting an ascending channel pattern, indicative of sustained bullish momentum. Key observations include:- Channel Boundaries: The price has consistently respected the channel's upper
ANF | Long Setup | Strong Fundamentals + Earnings Momentum | (May 2025)1️⃣ Short Insight Summary:Abercrombie & Fitch (ANF) shows solid financial strength with consistent growth outlook. Current valuation is
GBP/USD is reacting off the support level which is a pullback support that lines up with the 78.6% Fibonacci projection and could drop from this level to our takeprofit.Entry: 1.3252Why
GOLD (XAUUSD) Buy Opportunity | May 9, 2025 | 30m SMC SetupThis GOLD setup on the 30-minute timeframe presents a textbook Smart Money entry. We’ve got a deep retracement into
Both SPY and QQQ just broke out of bull flag patterns after a strong recovery from the April lows. Technical setup:Flags formed after a vertical rally Breakout candles with follow-through
Smart Money Concepts (SMC) Analysis1. Liquidity Sweep & Break of Structure (BOS):Price consolidates above a trendline with multiple rejections (blue lines).A liquidity grab occurs below this trendline – classic inducement
Although gold surged in the morning, it continued to fall in the afternoon and fell to 3320. At present, gold has rebounded moderately, but it is still under pressure after
Hello,🪙 Gold Market Outlook – May 8, 2025 Current Price SnapshotSpot Gold (XAU/USD): $3,302/ozGold is holding firm above key support levels, signaling sustained bullish momentum. The $3,300 level has now
After the New York market, XAUUSD has seen some huge declines. 60-70 USD/ounce. Perfect decline.Regarding the decline mentioned yesterday. These two days have perfectly verified this trading logic, falling from
The price has rejected off the resistance level which is an overlap resistance and could drop from this level to our take profit.Entry: 0.5938Why we like it:There is an overlap