MUKHLISTRADINGACADEMY

https://www.switchmarkets.com/?lid=4801&pid=6594 XAUUSD XAUUSD Gold is currently navigating key *retracement levels*, presenting traders with *critical decision points*. Analyzing *extended Fibonacci zones*, including *0.114 & 0.214 levels*, provides a clearer picture of potential price reactions. 🔹 *Key Retracement Levels:* ✅ *0.114 (3,018.22 USD) & 0.214 (3,072.59 USD)* – Early-stage pullback zones where buyers may step in. ✅ *0.382 (3,163.93 USD) & 0.5 (3,228.08 USD)* – Mid-range levels defining trend stability. ✅ *0.618 (3,292.23 USD) & beyond* – Strong resistance areas signaling potential reversal or continuation. 📊 Support & Resistance Zones (Based on Red & Green Arrows): ✔ *Major Support:* 3,022.77 USD – Critical bounce area. ✔ *Secondary Support:* 3,105.54 USD & 3,148.93 USD – Holding here strengthens bullish momentum. ❌ *Major Resistance:* 3,270.99 USD & 3,343.09 USD – Break above may lead to further upside. ##Final Thoughts: Gold is testing crucial zones, and traders should monitor price reactions at Fibonacci levels before confirming trend direction. A break above *3,343.09 USD* signals strong buying pressure, while failure to hold support at 3,022.77 USD could open lower retracement targets. ##📌 Note: This analysis is for educational purposes only and not financial advice. Always conduct your own research and risk assessment before making trading decisions.

The ruling price of gold as of 4 August is XAUUSD $2,442.50. So here, we have discussed bullish and bearish areas along with the rationale that would arrive on a technical head to Gold. > ● Bullish Zones 1. $2,470 - $2,480 Range: - Reasons: - Technical Resistance: The upper end at $2,470 - 80 area a range that has become an area of resistance. If the price goes above this area it likely attracts more buyers to step back in. By recent economic reports showing weakness in the U.S. dollar, gold may erect a spike from an acute IMT bullish stance as it does on historical instances when BL downward turn initial reactive GL wave(s) approach its upper range - ought to create likely hidden impulse scenario component over next few sessions -- reflecting again weak greenback for push higher into extension territory... 2. $2,500 Level: - Reasons: - Psychological Resistance: The most important psychological resistance is at $2,500. This level is significant because if the price breaks through, with a strong impulse more buyers may be attracted to enter new long positions. - Fear of inflation: Inflation concerns and economic uncertainty usually create a buying interest for gold, with its perception as a safe-haven asset. > ● Bearish Zones 1. $2,430 - $2,420 Range: - Reasons: - Support Turned Resistance: This zone could potentially act as an immediate support level If broken, it would likely serve as resistance because traders who missed a chance to buy could turn sellers in order to protect their profits. - Market Correction: Recent gains may fail to overcome resistance, and a short-term pullback in this region will encourage investors looking for profit. 2. $2,400 - $2,390 Range: - Reasons: - Technical Support: This is the range that has either historical significance or technical indicators supporting a case for support on this dip if price gets to their area. > Economic Factors: While the dollar has depreciated somewhat, unexpected economic reports or geopolitical events will cause volatility and any upbeat U.S. data may bolster the greenback, exerting pressure on gold prices. > Additional Considerations - Geopolitical Events: Gold prices are influenced due to Geopolitical tensions and the Federal Reserve rate hikes etc. Keep an eye on scheduled news events that could either add to or prevent risk-off sentiment. - Technical Indicators - Oscillators & moving averages are offering a neutral to slightly positive outlook, but those signals could change rapidly with external news. In all, with further potential upside in gold prices likely to emerge, traders should be mindful of short-term corrections and vulnerable economic data.

BTC's recent movement indicates a break below the support range of 29K - $28.65K. The next support is around $28K. If BTC doesn't rebound from this level and breaches $28K, the next support zone could be $27.15K - $25.75K. You might consider a short position with appropriate money management. Remember, this is my analysis shared on the chart and not financial advice. MUKHLIS TRADING ACADEMY 🌟

Based on the current market conditions, it may be a good strategy to sell BTC at the current price and then buy again when the market reaches a certain level. There is a main Order Block (OB) between the price range of 22331 to 22067 after a decline in price (CHOCH 23380), indicating that there is a strong support level at this range. Additionally, there is another support level at 21615, which provides an additional layer of support. The market has already rejected the first OB between 23762 to 24025, and the second OB between 24317 to 24950 is still in play. However, the current support level is at 22766, suggesting that there is a higher chance that the market will pick up trades from the Main OB to buy and rise to 25000. Therefore, selling BTC at the current price and then buying again when the market reaches the Main OB could potentially yield a profitable return, given the support levels and OBs that have been identified. However, as with any investment decision, it is important to consider your own risk tolerance and do your own research before making any trades.

Hi there, Over here i got the Bulish Bat pattern on daily TF so you can found the buying Opportunity, and also here is POI on D1 TF From 1677 to 1715 as i mentions in the chart, And also from here the 0.886 (88.6%) level of fibonacci retracement, The Last thing is that it is a strong support also. Note: this is not a financial advice thank you

Hi there, Over here i got the Bulish Bat pattern on daily TF so you can found the buying Opportunity, and also here is POI on D1 TF From 1677 to 1715 as i mentions in the chart, And also from here the 0.886 (88.6%) level of fibonacci retracement, The Last thing is that it is a strong support also. Note: this is not a financial advice thank you

📊 AVAXUSDT Analysis 1D TF Bullish BAT pattern found but if you want to buy so plz put SL must thank you. ⚠️ This is not a financial advice this is just my Analysis.

📊Internet Computer Protocol Analysis Triangle Break Out and retest don on daily TF now expected to rise from here and Insha Allah ICP will give good return. ⚠️ This is not a financial advice this is just my Analysis.

📊VETUSDT Analysis Here i found a symmetrical Triangle and also found VET in Demand zone so we can buy here and hold for some VET will give good return Insha Allah. ⚠️ This is not a financial advice this is just my Analysis thank you ❤

ETHUSDT Buying Setup (Spot) *rejection from 0.382 Level of Fib extension *RSI in over Sold Region