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Gold (XAU/USD) Price Forecast: Bulls Hold Control Near Record Levels
FX Empire· 2026-01-15 22:06
Core Viewpoint - The bullish trend for gold is expected to continue, with potential resistance levels identified at $4,664, $4,687, and $4,713, contingent upon a closing price above $4,643 [1] Group 1: Price Targets and Projections - A new high above $4,643 would enable gold to challenge resistance at $4,664, $4,687, and $4,713, with $4,687 being a significant target based on a 161.8% Fibonacci extension [1] - The long-term projection includes a target of $4,766, which corresponds to a 361.8% projection of a rising ABCD pattern connecting the 2018 low of $1,160 and the 2022 low of $1,615 [2] Group 2: Support Levels - Key support levels for potential pullbacks include the recent high of $4,550, the 10-day average at $4,514, and a minor swing high at $4,500, with the 20-day average at $4,554 serving as a critical support level [3] - As long as gold remains above the 20-day average on a daily closing basis, the bullish trend is expected to persist [3] Group 3: Market Strength Indicators - The recent pullback in October found support near the 38.2% Fibonacci retracement, indicating strong underlying demand for gold [4] - A breakout from a rising trend channel confirmed support at a price area similar to the 20-day average, suggesting a strengthening trend [4]
Gold (XAU/USD) Price Forecast: Record High Breakout Signals Continued Strength
FX Empire· 2026-01-13 22:01
Core Viewpoint - Continued strength in gold prices is expected following a long-term breakout that began in December, with recent price movements confirming the completion of a pullback near key Fibonacci retracement levels and moving averages [1][2]. Price Levels and Support - Current support levels to monitor during potential pullbacks include the previous high of $4,550, an interim swing high of $4,500, and the rising 10-day moving average at $4,556 [2]. - The bullish reversal signs after the 38.2% retracement indicate underlying strength in the trend, suggesting further upside potential [2]. Resistance and Breakout Potential - A breakout above Tuesday's high of $4,635 could signal a continuation of the bullish trend, with the next resistance zone identified between $4,664 and $4,713 [3][4]. - The proximity of these targets suggests a range rather than individual price points, with resistance expected upon reaching $4,664 and a decisive breakout above $4,713 indicating significant strength [4]. Demand Indicators - The weekly chart shows strong demand for gold, with dynamic support holding during pullbacks above the 10-week average and a breakout confirmed on a weekly close above the previous high of $4,550 [5].
Whales Try Playing Zcash Price Santa — But Can The Rally To $655 Arrive In Time?
Yahoo Finance· 2025-12-25 18:00
Core Insights - Zcash has experienced a nearly 10% increase in the past 24 hours, currently trading around $446, with a projected target of $655 based on a bull flag pattern breakout from December 15 [1][3] - The top 100 Zcash addresses on Solana have increased their holdings by 2.86%, indicating long-term conviction despite the overall market hesitance [2][8] - The current market sentiment shows a divergence between spot buying by mega whales and a bearish bias in derivatives, suggesting a lack of confidence in the timing of the rally [6][8] Market Activity - The top 100 Zcash addresses increased their holdings from 34,542 to 35,532 ZEC, amounting to approximately $441,480 in new investments [2] - Despite the price increase from December 17 to December 23, the Money Flow Index (MFI) showed lower lows, indicating weak dip buying and a lack of confidence among retail investors [5] - Derivatives data reveals that whales are net short in perpetual contracts, indicating a bearish sentiment despite spot accumulation [6][8] Price Levels and Projections - The first key resistance level for Zcash is at $458, which is the 0.5 Fibonacci level; a daily close above this level could lead to further upward movement towards $479 and $508 [9] - If Zcash reaches $546, it would align with the original bull flag projection, making the $655 target more attainable [9]
Gold (XAU/USD) Price Forecast: New Record $4,526 – Short-Term Weakness After Target
FX Empire· 2025-12-24 21:39
Core Viewpoint - The recent price movements in gold indicate a potential for further upside, with key resistance and support levels identified for future price action [1][4]. Price Movements - An initial short-term upside target at the 127.2% Fibonacci extension of $4,516 was achieved, followed by a bearish intraday reversal and indecisive closing [1]. - The next projected target is at $4,578, with further price zones identified at $4,664 and $4,687, which are based on long-term extended measures [1]. Pullback Dynamics - The first pullback after reaching new record highs is crucial for assessing momentum, with key support at the 10-day moving average currently at $4,360 [2]. - A breakout above the prior trend high of $4,381 is expected to continue the bullish trend, with a shallower pullback indicating stronger demand [2]. Year-End Position - Gold is positioned to finish the year on a bullish note, with buyers in control and dynamic support tested leading to a bullish breakout [3]. Outlook - Gold's recent push to $4,526 met with indecision and mild selling, but a hold above the rising 10-day average and prior high favors continuation towards $4,578–$4,687 [4]. - A deeper weakness below $4,430 could risk a more significant pullback, although the larger bullish trend remains supportive [4].
TSLA's Elliott Wave Count Points Towards the Next Rally to 520+
FX Empire· 2025-11-26 19:39
Core Insights - The article discusses the price predictions for Tesla (TSLA) based on Elliott Wave analysis, indicating a potential price trajectory that includes both lower and higher price targets [1][5]. Group 1: Price Forecasts - The initial price range for TSLA is projected to be between $15 and $200, followed by a significant increase to at least $430, with actual prices reaching $214 and $474 so far [1]. - The Elliott Wave (EW) analysis suggests that TSLA is forming an ending diagonal fifth wave, with specific price targets based on Fibonacci extensions [2]. Group 2: Fibonacci Analysis - The red W-a wave has approached the 138.2% extension level, indicating that the subsequent red W-c wave is likely to reach the 161.8% extension at approximately $520 [4]. - The analysis shows that TSLA has effectively followed Fibonacci-based target zones, achieving a high of $474 and a low of $382, with expectations for the red W-b to complete around $370 [3]. Group 3: Market Indicators - The Money Flow and MACD indicators have shown higher highs alongside TSLA's price movements, suggesting a bullish trend [3]. - The article emphasizes that while the market may not always adhere to typical patterns, it has done so thus far, supporting the expectation of continued price movement towards the ultimate target of $580 [5].
Analyst sets date when S&P 500 will hit 7,150
Finbold· 2025-11-12 14:28
Core Insights - Analysts suggest that the S&P 500 may face a correction, but technical indicators indicate potential for the index to rise above the 7,000 level [1] - The index recently found support near 6,730, indicating renewed bullish momentum and confirming a potential continuation of its six-month ascending channel [2] - Historical patterns show that rebounds from the one-day moving average have led to significant upward movements, projecting a target of 7,150 [3] - As long as the index remains above the one-day moving average and within its rising channel, a steady climb is expected through November into early December [4] Wall Street Projections - Deutsche Bank has revised its year-end 2025 target for the S&P 500 to 7,000, up from 6,550, while Barclays has increased its outlook to 6,450 [5] - Citigroup raised its target to 6,600, citing fiscal tailwinds, while Goldman Sachs and Morgan Stanley project 6,500 by late 2025 [5] - Bank of America anticipates the index could reach approximately 7,200 over the next 12 months [5]
Gold (XAU/USD) Price Forecast: Rebounds After Two-Day Pullback, Buyers Regain Control
FX Empire· 2025-09-19 20:41
Core Viewpoint - The gold market is currently facing resistance and consolidation, with key price levels indicating potential future movements and the need for caution in trading strategies [1][2][3][4] Price Targets - The next significant price target for gold is $3,734, based on a 161.8% Fibonacci extension, but higher resistance exists between $3,782 and $3,812, supported by multiple technical objectives [1] - A sustained price above $3,707 would shift focus towards the $3,782 - $3,812 target zone, indicating bullish momentum [4] Market Behavior - Gold has been consolidating within a broad range for the past nine sessions, with recent demand showing that buyers are still active during price dips [2] - A drop below $3,628 would undermine recent bullish activity and could lead to deeper retracement levels, with initial targets at $3,576 and $3,558 [3] Outlook - Maintaining a weekly close above $3,675 is crucial for confirming bullish strength, while weakness below $3,628 could signal a potential pullback [4]
Elon Musk Purchases $1 Billion TSLA Stock Amid Renewed Focus
ZACKS· 2025-09-15 15:26
Core Viewpoint - Tesla's energy business is undervalued, and the company is poised for growth as Elon Musk refocuses on its core operations, moving past distractions [1][2] Group 1: Elon Musk's Focus and Actions - Elon Musk has reaffirmed his commitment to Tesla, stating he is 100% focused on the company and has set aside other ventures [1][2] - A proposed $1 trillion pay package for Musk is aimed at ensuring his continued focus on Tesla, with ambitious targets including a market cap of $8.6 trillion in 10 years [1] - Musk's recent $1 billion purchase of TSLA shares signals his confidence in the company's future [2] Group 2: Tesla's Stock Performance - Tesla shares broke out of a four-month base structure, increasing by more than 7% with trading volume 96% above the 50-day average [3] - Following Musk's share repurchase announcement, TSLA shares rose an additional 8% to approximately $427 [3] - If shares surpass the 1.618% Fibonacci extension, the next target is projected to be around $524 [5] Group 3: Market Sentiment - Despite some skepticism from Wall Street due to past underperformance, Musk has a history of achieving ambitious performance goals [1] - The combination of Musk's renewed focus and a technical breakout in stock price suggests a bullish outlook for Tesla [6]
Crypto analyst predicts XRP’s next 800% breakout
Yahoo Finance· 2025-09-13 11:07
Core Viewpoint - XRP has shown significant price recovery, with technical analysis suggesting potential breakout targets that could yield substantial returns for investors, with projections reaching as high as $26.63 from the current price of approximately $3.05, indicating a potential gain of over 773% [1][2]. Technical Analysis - Technical analyst Matt Hughes has identified long-term Fibonacci extension levels for XRP, with major targets set at $8.30, $13.39, and $26.63, indicating a strong bullish sentiment [1][3]. - The analysis suggests that XRP's price consolidation over the years is breaking, with the $3 level acting as a launchpad for further gains rather than a resistance point [2]. Market Dynamics - Ripple has been expanding its global partnerships, particularly in cross-border payments and custody solutions, enhancing the optimism surrounding XRP [4]. - Speculation regarding the potential approval of an XRP exchange-traded fund (ETF) is increasing, especially following the recent approvals of Bitcoin and Ethereum ETFs in the U.S., which could lead to significant new demand for XRP [5]. Community Sentiment - The XRP community, known as the "XRP Army," remains optimistic about the coin's future, drawing parallels to its previous explosive growth in 2017 when it surged over 35,000% to reach an all-time high of $3.84 [6].
Analyst sets date when Meta stock will hit $770
Finbold· 2025-06-04 14:42
Core Viewpoint - Meta Platforms' stock is projected to reach $770 in the coming weeks, requiring a 13% increase from its current price of approximately $680, following a nearly 15% gain over the past month [1][6]. Technical Analysis - A technical analysis indicates that Meta has shown its strongest short-term bullish signal in over two years, marked by a four-hour golden cross, which typically signals the beginning of a sustained upward trend [3][5]. - The current chart setup resembles a historical pattern from January 2023, which preceded a significant rally from under $120 to over $300 within a year [4][5]. - The four-hour Relative Strength Index (RSI) patterns from 2022-2023 align closely with current conditions, supporting the potential for a similar upward trajectory [5]. Macroeconomic Factors - Meta's stock rally could be further supported by favorable macroeconomic conditions, such as potential interest rate cuts and advancements in global trade agreements [6]. - The next major technical target is identified as the 1.786 Fibonacci extension level, which is above $1,000 before any significant market correction occurs [6]. Analyst Insights - JPMorgan has revised its price target for Meta from $675 to $735, citing the company's strong position in social graph ownership, advertiser targeting, and strategic investments in AI and the Metaverse as key growth drivers [6][7]. - The bank's analysts describe Meta as an "enduring blue-chip company" benefiting from a unique combination of scale, growth, and profitability [9].