Longsetup
doge buy midterm"🌟 Welcome to Golden Candle! 🌟
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$MDB to $350+ with vector database + gen AI as tailwind!- NASDAQ:MDB is investing in R&D and recently noticed that they have developed their solution for vector database www.mongodb.com
- This will be a strong tailwind for the company. In generative AI, one needs to store large embedding in a low latency databases which could efficiently be looked up. By default, no-sql databases are good for these use cases.
- Pinecone is one of the best in this space, NYSE:ESTC had one but now NASDAQ:MDB is catching up and looks really promising.
- P/EV multiple is very reasonable for $MDB.
- PT : 350+
2941 ! Expected price range today ! XAU⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) trade with an upward bias during Thursday’s Asian session, holding near the one-week high reached the previous day, though follow-through buying remains limited.
Market concerns over US President Donald Trump’s tariff policies continue to bolster demand for the safe-haven metal. Additionally, growing expectations of an earlier-than-anticipated Federal Reserve rate cut, coupled with bearish sentiment surrounding the US Dollar, further support gold’s appeal.
⭐️Personal comments NOVA:
Gold price has strong growth momentum, after clearing liquidity, there will be great momentum in the near future.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2953 - $2955 SL $2960
TP1: $2945
TP2: $2930
TP3: $2920
🔥SELL GOLD zone: $2941 - $2943 SL $2948
TP1: $2935
TP2: $2927
TP3: $2920
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Gold price breakout – What’s Next?The XAU/USD 2-hour chart reveals an exciting breakout from the previous downtrend channel, signaling a potential trend reversal. The 34 EMA and 89 EMA continue to provide solid support, while buyers are holding firm within the consolidation zone.
Two Key Scenarios Ahead:
✅ Case 1: If gold breaks out of this consolidation box, we could see a strong bullish continuation toward $2,950 - $2,970, and possibly even higher.
⚠️ Case 2: However, if price fails to sustain above this range, a retracement to $2,880 - $2,850 is on the table.
With geopolitical tensions rising and economic uncertainty driving investors toward safe-haven assets, will gold break higher, or are we in for a deeper pullback?
📉📈 What’s your outlook on gold? Bullish or bearish? 🚀👇
Ready for the new bull run? XAU / USD ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Freshly released US data has fueled recession concerns, with the Atlanta Fed GDP Now Model slashing its Q1 2025 growth projection to -2.8%, a sharp drop from Monday’s 1.6% estimate.
Meanwhile, February’s ISM and S&P Global Manufacturing PMI readings painted a mixed picture. The ISM index edged closer to the 50 threshold, signaling a slowdown, while the S&P Global measure showed solid expansion. In response, US Treasury yields tumbled as traders increasingly priced in Federal Reserve rate cuts.
This flight to safety boosted demand for gold, propelling prices toward $2,900. Looking ahead, gold traders will turn their attention to key economic releases, including the ISM Services PMI, Initial Jobless Claims, and February’s Nonfarm Payrolls.
⭐️Personal comments NOVA:
Market sentiment is gradually improving and optimistic, expecting a new rally above 3000 after the implementation of tariffs that took effect yesterday in Canada, Mexico and China. Gold prices tend to retest the breakout zones of 2900, 2892 and 2880 to create more short-term liquidity.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2891 - $2893 SL $2888 scalping
TP1: $2896
TP2: $2900
TP3: $2905
🔥BUY GOLD zone: $2880 - $2878 SL $2873
TP1: $2888
TP2: $2895
TP3: $2910
🔥SELL GOLD zone: $2935 - $2937 SL $2942
TP1: $2928
TP2: $2920
TP3: $2910
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
USDJPY: Consolidating below the uptrend channel!Dear Traders!
Recently, USDJPY has made a strong breakout, completely exiting the uptrend and stabilizing below a new support level, as highlighted on the 1-hour chart. The pair is currently trading around 149.20.
This stability above the new support is driven by U.S. President Donald Trump's tariff policies, which have boosted risk-off sentiment and increased demand for the U.S. Dollar as a safe-haven asset. However, expectations of a BoJ rate hike and concerns over a global trade war continue to support the Japanese Yen, keeping gains limited below the lower boundary of the previous uptrend channel.
GOLD → Breaks 2881. Buyers are ready…OANDA:XAUUSD breaking through the resistance threshold of the downward trend and attempting to seek gains above the critical resistance zone of 2881. A consolidation before the breakout is forming relative to 2894, signaling potential growth on the dollar's correction foundation.
Previously, Trump confirmed the possibility of imposing 25% tariffs on Canada, Mexico, and China, triggering retaliatory measures and increasing the risk of U.S. recession. Declining PMI and Atlanta Fed's GDP led to a sell-off on Wall Street and increased demand for gold as a protective asset.
Geopolitical tensions persist as Trump suspends military aid to Ukraine, sparking European discontent. Market focus will remain on the release of detailed U.S. monthly employment information - commonly known as the Non-Farm Payroll (NFP) report on Friday. This crucial data will impact both USD and gold metal.
Technically, the price surpassing the 2881 resistance level divides the market into two planes. A consolidation before breakthrough is forming relative to 2895. The resistance breakthrough and price consolidation above 2895 could reinforce growth. The buyers' main focus is maintaining defensive positions above 2885 - 2895.
In the context of increasing economic risks and declining dollar, gold has every opportunity to continue its growth following the local trend change. The targets in this scenario are 2915, 2921, 2929.
Best regards, Bentradegold!
Gold price today: Extend the momentum!Gold prices continued their upward momentum today, hovering around the $2,910 level. The last recorded trade for gold stood at $2,928 per ounce, marking a 270-pip increase compared to early yesterday morning.
Accordingly, gold prices are currently experiencing strong impacts from USD fluctuations and US tariff policies. Meanwhile, President Donald Trump continues to raise concerns by threatening to impose tariffs on imports from Mexico and Canada. These factors could determine whether gold can reach the $3,000 per ounce mark or not.
Currently, investors are awaiting the US payroll report, expected to be released at the end of this week. The report's results could influence the monetary policy of the Federal Reserve (FED).
On the technical chart, the precious metal has broken out of the descending price channel and made adjustments to create new highs. Bullish factors are driven by the crucial support level at 2885 and the two EMA lines at 34 and 89. All expectations are focused on gold's long-term price appreciation because any signs of US economic slowdown will support calls for Fed rate cuts and provide support for OANDA:XAUUSD .
Gold price today: Strong rebound!Dear traders!
At around 6 AM on March 4, the spot gold price stood at $2,894 per ounce, marking a $36 increase from the previous day's opening price of $2,858 per ounce.
The primary reason for this rise is the increased risk aversion among investors, driving higher demand for safe-haven assets like gold amid escalating geopolitical tensions. Over the weekend, a heated exchange between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky raised concerns that efforts to end the Ukraine-Russia military conflict could reach an impasse.
Additionally, U.S. trade tariffs on Mexico, Canada, and China take effect today, March 4, sparking fears of potential financial market instability. This uncertainty has pushed many investors toward gold as a wealth preservation asset.
Meanwhile, a sudden decline in the U.S. dollar has made gold more attractive to investors holding other currencies. As a result, today's gold price outlook remains positive. Keep an eye on the $2,892 resistance level, as a breakout above this point could signal further upside momentum.
What are your thoughts?
EUR/USD Trade Setup: Long### **📢 EUR/USD Trade Setup: Long Entry at 1.05200 🚀**
EUR/USD presents a **buy opportunity** at **1.05200**, supported by the **EMA50 trend** and a **strong support level at 1.05100**.
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### **🔹 Trade Details:**
✅ **Entry:** **1.05200** (Long)
✅ **Target TP1:** **1.06200** (+100 pips)
✅ **Stop Loss:** **40 pips below entry**
✅ **Support Level:** **1.05100**
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### **🔹 Strategy & Risk Management:**
🔹 If the price holds above **1.05100**, bullish momentum could push it toward the **1.06200 target**.
🔹 **Set stop loss** properly to protect capital.
🔹 **Secure profits** along the way or set a **break-even point** as price moves in your favor.
📈 **Trade smart & follow proper risk management for success!** 🚀
SOLUSDT Long by TeamPWRTradesHi Traders,
SOL Long Idea
Based on recently volume and liquidity zones our team has entered a long positions SOL. Targets are 160-175. Stoploss below daily low.
Recommended risk 1-1.5% of portfolio.
Entry 1: 136.50
Entry 2: 133
TP 1: 160
TP 2: 175
SL: 132
Happy Trading,
TeamPWR
POPCATUSDT is setting up for a potential long opportunity!
🚀 The price BINANCE:POPCATUSDT.P is testing a critical support level at 0.2056 USDT , and if bulls hold, we could see a strong upward push.
🔑 Key Levels:
Support:
- 0.2056 USDT – Key support, maintaining the trend.
- 0.2010 USDT – Deep liquidity zone for potential wicks.
Resistance:
- 0.2200 USDT – Short-term target for scalpers.
- 0.2774 USDT – Major resistance; breaking above could trigger a rally.
🚀 Trading Strategy:
Long Entry: On a clear bounce from 0.2056 USDT with volume confirmation.
Stop-Loss: Below 0.2010 USDT to avoid liquidity grabs.
Profit Targets:
- 0.2200 USDT – First take-profit for quick gains.
- 0.2500 USDT – Solid mid-term target.
- 0.2774 USDT – Full extension if momentum builds.
📊 Technical Outlook:
- The trend remains bullish as long as support holds.
- Increased volume at support suggests whale accumulation.
- A break below 0.2010 USDT may invalidate the bullish setup.
💡 What to Watch?
- Volume spikes = strong bullish interest.
- Retest of support with a strong bounce = long entry signal.
- Manage risk and avoid FOMO!
Gold Buy Setup – Ascending Triangle Breakout### **📈 Gold Buy Setup – Ascending Triangle Breakout Confirmed 🚀**
Gold is currently forming an **ascending triangle pattern**, a bullish chart formation that signals a potential **breakout to the upside**. The **EMA50** is also supporting this move, further confirming the uptrend.
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### **📌 Trade Setup:**
🔹 **Entry Price:** **2888** (Buy Position)
🔹 **Stop Loss:** **2880** (80 pips below entry to minimize risk)
### **🎯 Take Profit Targets:**
✅ **TP1:** **2893**
✅ **TP2:** **2898**
✅ **TP3:** **2903**
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### **📊 Market Outlook & Trade Management:**
- **Ascending Triangle** suggests **buyers are gaining strength**, increasing the chances of a breakout.
- **EMA50 confirms bullish momentum**, providing additional confidence in the trade.
- **Risk Management is crucial**:
- **Secure partial profits** at each TP.
- **Adjust stop-loss** once TP1 or TP2 is hit to protect gains.
- **Monitor price action** for continued upside momentum.
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🔥 **If price stays above 2888 and breaks resistance, we could see strong bullish movement! Trade wisely & manage risk! 🚀📈**