Maxpipspr0

Gold (XAU/USD) – Bullish Outlook Backed by Harmonic Structure and Market FundamentalsWe are currently anticipating a bullish continuation in XAU/USD, supported by a combination of technical signals and macroeconomic drivers.On the technical side, the recent completion of a Bullish Butterfly Harmonic pattern suggests a potential reversal zone (PRZ) has been confirmed, indicating strong buying interest at the 3195 level. The symmetry within the XA, AB, BC, and CD legs of the harmonic structure aligns well with Fibonacci ratios, reinforcing the credibility of this bullish signal.Additional confluence is found with:Strong horizontal support near 3195Positive divergence on momentum indicators (e.g., RSI )Price action respecting the 50 EMA as dynamic supportOn the fundamental front, growing market uncertainty, dovish expectations around global central bank policy, and sustained geopolitical tensions are likely to keep gold attractive as a safe-haven asset. Moreover, persistent inflation concerns and weaker global growth forecasts continue to support the upside potential for precious metals.Trade Setup:Entry: 3195Take Profit 1: 3225Take Profit 2: 3245Stop Loss (Recommended): 3180Risk Management Note: Proper risk-reward ratio and position sizing are advised, considering increased volatility due to upcoming economic releases and geopolitical developments.

Bitcoin (BTC/USD) – Bearish Outlook Amid Economic UncertaintyWe anticipate a short-term bearish trend for BTC/USD, driven by escalating economic concerns and the recent resurgence of trade tensions. The imposition of new tariffs has negatively impacted market sentiment, contributing to downward pressure on Bitcoin. The current price structure also suggests limited bullish momentum, favoring another potential sell-off.From a technical perspective, forming a Bearish Butterfly Harmonic pattern further supports the expectation of a downward move.Trade Setup:Entry Level: 84,500Take Profit 1: 78,500Take Profit 2: 74,500We recommend monitoring macroeconomic developments closely, as further deterioration could accelerate the bearish trend.

Following a brief period of downward pressure, my outlook for XAUUSD is decidedly bullish, driven by the identification of a Butterfly harmonic pattern on the chart, which suggests a strong potential reversal and continuation to the upside. This technical setup aligns with broader market dynamics, including ongoing macroeconomic factors such as inflationary pressures and potential weakening of the US dollar, which could further support gold’s upward trajectory. TP1 2909TP2 2920TP3 2944SL 2877

Precious Metals Miners Lagging Behind: An Unexplained DisparityDespite the ongoing strength in precious metals, mining stocks continue to underperform, exhibiting a divergence that lacks a clear fundamental justification. This widening disconnect is creating an increasingly stretched imbalance, suggesting that a correction may be imminent. Such persistent underperformance appears illogical and unsustainable in the long run.From a technical perspective, I am eyeing the 2915 level for a potential short position. Notably, the Harmonic Butterfly pattern completes around 2815-2818, making it a key reaction zone.My take-profit targets are set at 2805 and 2700.

XAUUSD 📉 XAU/USD Bearish Harmonic Signal🔹 Pattern: Bearish Harmonic Formation🔹 Entry Level: 2804-2810🔹 Stop Loss: 2825 (Adjust based on volatility)🔹 Take Profit Targets: 2760, 2750, 2700🔹 Confluence: Technical resistance & overbought conditions🔹 Risk Management: 1% risk per trade⚠️ Wait for confirmation before entry. Monitor price action & volume for validation