GOLD TRADING PLAN – Triangle Squeeze, All Eyes on NFP【XAU/USD】GOLD TRADING PLAN – Triangle Squeeze, All Eyes on NFP
Gold continues to trade within a large symmetrical triangle, tightening toward the end of its range. However, current candle structure shows clear bullish momentum, indicating the potential for a strong upside breakout.
🔍 Today’s Key Focus: Non-Farm Payrolls (NFP)
Market expectations are pointing to weaker-than-expected US economic data, which could trigger strong FOMO-buying for gold if confirmed. A poor NFP report would likely weaken the USD, supporting bullish continuation.
🔑 Strategy and Key Technical Levels:
Watch for a confirmed breakout above the descending trendline to trigger Wave 3 of the bullish structure.
CP ZONE + OBS BUY ZONE triggered yesterday already yielded 160+ pips profit.
Strategy: Prefer buy-the-dip entries. SELL setups only valid on strong resistance rejection. Avoid counter-trend trades near breakout zones.
🟩 BUY ZONE:
Entry: 3276 – 3274
Stop Loss: 3270
Take Profits:
3280, 3284, 3290, 3294, 3300, 3305, 3310, 3320, 3330, 3340, 3350
🟥 SELL ZONE:
Entry: 3339 – 3341
Stop Loss: 3345
Take Profits:
3335, 3330, 3325, 3320, 3315, 3310, 3305
Forex
GBPUSD Is Going Up! Buy!
Take a look at our analysis for GBPUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.319.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.345 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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CHFJPY: Bearish Continuation is Expected! Here is Why
The price of CHFJPY will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
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GBPJPY holds momentum, waiting for the final pushThe GBPJPY pair is moving sideways between 197.400 and 199.000, while maintaining its position inside the ascending price channel. Each pullback is quickly absorbed near the lower support, indicating that buying pressure is quietly building.
💡 Bullish factors supporting the trend:
– UK Services PMI beats expectations, strengthening economic outlook.
– BOJ maintains negative interest rates, weakening the JPY.
– Risk-on sentiment drives capital back into the GBP.
🎯 Suggested strategy:
Buy near 197.400 or on a breakout above 199.000.
Target: 201.500 | Stop-loss: below 196.800.
Gold Approaches Key Reversal Zone After Liquidity Sweep.Gold has recently broken out of a parallel channel during the New York session, followed by a strong upward move triggered by the NFP (Non-Farm Payroll) news event. Currently, the market is trading near a key trendline resistance zone. In this area, the price has also swept the liquidity residing above recent highs, indicating that potential buy-side liquidity has been taken out.
This level now becomes critical for observation. If the market forms a Market Structure Shift (MSS) or provides any valid bearish confirmation — such as a strong rejection candle, bearish engulfing, or a break of lower timeframe support — then there is a high probability that a downward move may follow from this zone.
As always, conduct your own research (DYOR) and wait for price action to confirm the bias before executing any trades. Acting on confirmation rather than assumptions protects both capital and strategy.
GBPNZD Breakout from Consolidation Bullish Momentum BuildingGBPNZD has broken out of its recent consolidation pattern and is showing signs of bullish continuation. Strong GBP fundamentals combined with NZD weakness from global risk-off sentiment and tariffs support this technical move.
Technical Analysis (4H Chart)
Pattern: Breakout from a descending channel with bullish follow-through.
Current Level: 2.2418, trading above the breakout level, confirming momentum shift.
Key Support Levels:
2.2294 – recent breakout support and invalidation point for bulls.
2.2222 – secondary support if a deeper pullback occurs.
Resistance Levels:
2.2500 – near-term resistance and potential target for the breakout.
2.2690 – extended bullish target if momentum continues.
Projection: Likely to continue higher toward 2.2500, with room for 2.2690 if GBP strength persists.
Fundamental Analysis
Bias: Bullish.
Key Fundamentals:
GBP: Supported by BOE’s cautious stance on inflation and the relative resilience of the UK economy.
NZD: Pressured by global tariffs, weaker risk sentiment, and limited domestic growth catalysts.
USD Factor: Fed rate cut expectations indirectly support GBP crosses against risk currencies like NZD.
Risks:
Hawkish surprise from RBNZ could strengthen NZD.
BOE dovish signals could stall GBP upside.
Key Events:
BOE meeting and UK CPI.
RBNZ policy decision.
Risk sentiment trends globally.
Leader/Lagger Dynamics
GBP/NZD is a leader among GBP crosses, with GBP strength and NZD weakness driving momentum. It also aligns with EUR/NZD upside moves, reinforcing the bearish NZD outlook.
Summary: Bias and Watchpoints
GBP/NZD is bullish, having broken consolidation with upside targets at 2.2500 and 2.2690. The main drivers are GBP’s policy support, NZD’s risk-off weakness, and global tariff concerns. Watch for BOE and RBNZ updates as potential volatility triggers.
Head & Shoulders on EUR/USD daily!We're currently observing a significant Head & Shoulders pattern forming on the EUR/USD daily chart, with the price just breaking below the neckline on the right shoulder.
Applying standard Head & Shoulders trading principles, we measure the distance from the head's peak to the neckline and project that same range downward from the breakdown point. Based on this, the estimated target price (TP) for the trade lands around $1.135. The stop-loss will be positioned just above the right shoulder to manage risk effectively.
We'll be watching closely to see how this setup unfolds. 🍻
$EUIRYY -Europe CPI (July/2025)ECONOMICS:EUIRYY
July/2025
source: EUROSTAT
- Eurozone consumer price inflation held steady at 2.0% year-on-year in July 2025, unchanged from June but slightly above market expectations of 1.9%, according to preliminary estimates.
This marks the second consecutive month that inflation has aligned with the European Central Bank’s official target.
A slowdown in services inflation (3.1% vs 3.3% in June) helped offset faster price increases in food, alcohol & tobacco (3.3% vs 3.1%) and non-energy industrial goods (0.8% vs 0.5%).
Energy prices continued to decline, falling by 2.5% following a 2.6% drop in June.
Meanwhile, core inflation—which excludes energy, food, alcohol, and tobacco—remained unchanged at 2.3%, its lowest level since January 2022.
EUR/AUD BEARS ARE GAINING STRENGTH|SHORT
EUR/AUD SIGNAL
Trade Direction: short
Entry Level: 1.777
Target Level: 1.768
Stop Loss: 1.782
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Bearish pennant pattern active. Active SELL✏️Gold price is forming a triangle accumulation pattern. That shows the hesitation of investors at the moment, they may be waiting for important economic indicators of the US this week. Just an impact that makes Price break out of the triangle border can create a strong FOMO trend. The price line is quite similar to the bearish pennant pattern and heading towards really strong support areas.
📉 Key Levels
SELL Trigger: Break bottom line 3324
Target 3285, lower is the 3250 area
BUY Trigger: Break and trading above 3333
BUY Trigger: Rejection and confirmation of candle at 3285
Leave your comments on the idea. I am happy to read your views.
USDCAD SELLUSD/CAD rallies further, approaches 1.3900 on higher levies to Canada
The US Dollar keeps marching higher, as the Canadian Dollar struggles after Trump decided to increase tariffs to Canada to 35% from the previous 25%, escalating the trading tension with one of its main trading partners. The US President justified his decision on Canada’s alleged reluctance to cooperate on curbing the traffic of fentanyl and other drugs across the US border
The year will be politically marked by Trump’s return to the White House. A Republican government is seen as positive for financial markets, but Trump’s pledge to cut taxes and impose tariffs on foreign goods and services may introduce uncertainty to both the political and economic landscape.
Canada’s political crisis peaked in late 2024 with a no-confidence vote against Prime Minister Justin Trudeau, leading to snap elections and a weakened Liberal minority government. Policy uncertainty and economic challenges dominate 2025’s outlook, raising concerns over market stability and investor confidence.
The BoC is set to continue easing interest rates through 2025, at least at a faster pace than the Fed is expected to, which could apply pressure on CAD’s already-rising rate differential.
SUPPORT 1.38444
SUPPORT 1.38039
SUPPORT 1.37621
RESISTANCE 1.38889
RESISTANCE 1.39049
Bullish reversal off overlap support?The Cable (GBP/USD) is falling towards the pivot and could bounce to the 1st resistance, which is a pullback resistance that is slightly below the 38.2% Fibonacci retracement.
Pivot: 1.3159
1st Support: 1.3049
1st Resistance: 1.3321
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CHFJPY On The Rise! BUY!
My dear friends,
My technical analysis for CHFJPY is below:
The market is trading on 183.63 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 184.54
Recommended Stop Loss - 183.16
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
GOLD: Short Trading Opportunity
GOLD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GOLD
Entry Level - 3299.9
Sl - 3304.2
Tp - 3291.3
Our Risk - 1%
Start protection of your profits from lower levels
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GBP/USD: Post-Impulse Sell Setup from Ending DiagonalThe chart depicts a completed 5-wave impulsive structure, culminating at the top of wave (5). The internal wave structure of the final fifth wave forms a classic ending diagonal pattern, typically signaling a trend reversal or deep correction.
After this extended fifth wave, the price has started rolling over, confirming the start of a corrective decline. The wave count now expects an ABC correction targeting the previous wave 4/2 demand zone, highlighted in red.
Target 1 (T1): 1.33608
Target 2 (T2): 1.32436
Stop Loss (SL): 1.35988
Ending diagonal at the top of wave (5) signals exhaustion of bullish momentum.
Clear bearish divergence (not shown here) is commonly seen with this pattern.
The price has broken the short-term structure and is now forming lower highs.
Target zone aligns with previous wave 2 consolidation – a typical retracement zone for post-impulse corrections.
USD Turns GBP On Its "Head"FX:GBPUSD has formed a Head & Shoulders Pattern!
Price has already broken down below the "Neckline" to Confirm that Pattern.
Currently, Price is working its way back up to retest the Breakout and if the level is strong enough and holds, we could see Price follow through with its reversal to lower prices!
If the retest is successful, the May 12th Lows of 1.31741 - 1.31394 could be a good Support level to set as a Price Target.
Now we wait for a Retest!
AUDCAD; Heikin Ashi Trade IdeaIn this video, I’ll be sharing my analysis of AUDCAD, using FXAN's proprietary algo indicators with my unique Heikin Ashi strategy. I’ll walk you through the reasoning behind my trade setup and highlight key areas where I’m anticipating potential opportunities.
I’m always happy to receive any feedback.
Like, share and comment! ❤️
Thank you for watching my videos! 🙏
CADCHF Will Grow! Long!
Please, check our technical outlook for CADCHF.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.587.
The above observations make me that the market will inevitably achieve 0.588 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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XAUUSD – the calm before the next breakout?Hello traders, what’s your take on the current trend in OANDA:XAUUSD ?
Looking back over the past 12 months, gold has delivered a truly impressive performance. From around $2,380 in August 2024, the precious metal surged to an all-time high of $3,432 by April this year — a gain of more than $1,000 in less than a year. But what’s more telling than the rise itself is how the market behaved afterward: instead of crashing, gold has maintained a high consolidation range, suggesting the uptrend is still very much alive.
This powerful rally didn’t happen in isolation. In a world marked by uncertainty, gold has once again asserted its role as a safe-haven asset. Inflation remains persistent across major economies, geopolitical tensions continue to stretch from Eastern Europe to the Middle East and Asia, and de-dollarization efforts by countries like China and Russia are reshaping global capital flows. None of these events alone could shake the markets, but together, they have laid the groundwork for gold’s sustained relevance.
From a technical standpoint, the long-term bullish structure remains intact. Following its peak at $3,432, gold has entered a modest correction phase — one that may well be a healthy consolidation before the next directional move.
Interestingly, while many investors remain cautious, the chart paints a different story: a market that isn’t afraid, but simply catching its breath. The real question is no longer “Can gold hold above $3,400?” but rather “Is the market gearing up for a fresh breakout — or a deeper correction?”
We may not be able to predict the future, but we can observe how price reacts at key levels. And sometimes, it’s in these seemingly quiet phases that the biggest turning points begin to form.
What do you think — is gold preparing for another leg up?
Drop your thoughts in the comments below! 👇
BITCOIN Will Go Lower! Sell!
Please, check our technical outlook for BITCOIN.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 113,260.21.
The above observations make me that the market will inevitably achieve 107,826.27 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBP-JPY Risky Long! Buy!
Hello,Traders!
GBP-JPY collapsed on Friday
And the pair's final move
Was absorbed by the horizontal
Support of 195.400 so as the
Pair is oversold we will be
Expecting a local rebound
And a correction on Monday
Buy!
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Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP_NZD BEARISH BIAS|SHORT|
✅GBP_NZD has retested
A resistance level of 2.2500
And we are seeing a bearish reaction
With the price going down so we are
Bearish biased now and we will be
Expecting the pair to go further down
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.