The market continues to dip following the breakout trend of the DXY (Dollar Strength Index). Yesterday, the stock market also saw a collective profit-taking, pushing the SP500 down -1.45%.
Looking to short gold ($XAU ) when there's good price action. Shorting Zone: 4100 SL: 4146 TP: 4024
⚠️ This post is based on information and market data at the time of analysis, aimed at providing a reference perspective. Investors should assess their risks before making any investment decisions.
Daily & 4H still strongly bullish with clean higher low Precise pullback to major demand zone + order block RSI out of oversold + clear bullish divergence
Key Insight: Real traders don’t trade the most — they know when to hold steady while the market works in silence. This is exactly that moment.
R:R = 1:4.5+ | ~71% historical win rate
You entering here or waiting to FOMO the breakout?
🟡GOLD (XAU/USD) 📌 Gold on the Daily chart has formed a Hammer reversal candle, a strong candle with a Sell squeeze yesterday at 7:30 AM at a price level of 4480, which I shared with the crew. So today, we're looking to buy the dip at the lower boundary! ✅ The smaller timeframe for Gold is showing a Liquidity trendline, and I expect the price to grab some liquidity here to build momentum towards the Sell Zone above. 🔥 Sell Zone: 4610 - 4620 🔥 Buy Zone1: 4533 - 4543 🔥 Buy Zone2: 4505 - 4520
📊 MARKET ANALYSIS FOR 19/05 /-li BITCOIN (BTC) 📈 The BTC daily chart is still showing a downtrend, but the price has reacted and formed wicks in my designated Buy Zone. For those who bought in this area, feel free to take profits; it's likely to retrace since the smaller time frame trend hasn't shown any reversal signals yet. ✅ The key level for a potential reversal is at 77.8k. If the price breaks this level, we’ll look to catch a bounce back to the lower boundary to buy in for a move up. 🔥 The Sell Zone for BTC can be observed around: 78.9k - 79.6k 🔥 The Buy Zone for BTC will be around 75.2k - 76k
🔥 BTC just created a wave breakout, forming a BOX, so we will trade both boundaries of the BOX 🎯 SnR buy zone: 80k7 🎯 Buy zone 1: 80k4 - 80k6 🎯 Buy zone 2: 79k8 - 80k2 🎯 Sell zone: 82k - 82k5
⚡️ Tom Lee's Bitmine surpasses 5.2 million ETH – the Bitcoin mining company founded by Tom Lee just added 26,659 ETH in the past week, bringing their total holdings to over 5.2 million ETH. This move signals strong confidence in Ethereum from one of the big names in the crypto space. Could this be a signal for a new bull run?