📊 Technical Analysis
● Price has broken the inner rising-trend support and is sliding inside a fresh descending channel; the current pull-back is stalling in the 3 350-3 365 supply zone, where the old trend-line and a June distribution block overlap, printing consecutive lower highs.
● The channel’s width and the purple flag just completed project to 3 295 support (May pivot + mid-channel); a close beneath it exposes the outer rail / March swing low around 3 245.
💡 Fundamental Analysis
● Hawkish Fed comments have pushed 2-yr yields back above 4.8 % and lifted the DXY, while CFTC figures show a third straight week of long liquidation, curbing bullion bids.
✨ Summary
Fade 3 345-3 360; sustained trade under 3 320 targets 3 295 ➜ 3 245. Short bias void on an H1 close above 3 365.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
● Price has broken the inner rising-trend support and is sliding inside a fresh descending channel; the current pull-back is stalling in the 3 350-3 365 supply zone, where the old trend-line and a June distribution block overlap, printing consecutive lower highs.
● The channel’s width and the purple flag just completed project to 3 295 support (May pivot + mid-channel); a close beneath it exposes the outer rail / March swing low around 3 245.
💡 Fundamental Analysis
● Hawkish Fed comments have pushed 2-yr yields back above 4.8 % and lifted the DXY, while CFTC figures show a third straight week of long liquidation, curbing bullion bids.
✨ Summary
Fade 3 345-3 360; sustained trade under 3 320 targets 3 295 ➜ 3 245. Short bias void on an H1 close above 3 365.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
Successfully closed a profitable position while approaching the support. Let's consider further movement in today's forecast!
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Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.