XAGUSD - BullishSilver is in a bullish trend and has formed a bullish rectangle continuation pattern. Buy above rectangle with SL below the rectangle.
Harmonic Patterns
$MAGIC broke out!After weeks of grinding inside a falling channel, OMXTSE:MAGIC finally broke out with a sharp 20% move!
- Channel breakout confirmed
- Price reclaimed the support zone around $0.145
- Resistance zone ahead: $0.185–$0.20
Now it’s all about momentum. If bulls hold above the breakout area, we could see further continuation toward the upper resistance.
Trade smart — avoid FOMO. To ride the wave further, wait for a retest or clear strength above resistance.
This is how a clean technical structure plays out.
$HYPE Trade!!GETTEX:HYPE is testing the crucial support zone at $40.0–$40.5, right along the ascending trendline and 200 EMA on the hourly chart.
If this zone holds, we could see a rebound toward the $44.5–$46.0 resistance area.
However, a breakdown below $40.0 might trigger further downside toward the next major support at $38.0–$37.4.
Monitor closely—this zone will decide the next move.
BTCUSDThe latest breakout of the top will give a good pullback, which is currently developing.
I think we will see a price below $100,000 again.
BTC is still bearishThe red zone seems to have had enough orders to reject the price downward. It is expected that the price will drop at least to the green zone below.
There will be some fluctuations along the way.
A daily candle closing above the invalidation level would invalidate this analysis.
GOLD (XAUUSD) Daily Analysis Potential Rejection at Supply Zone
Gold is currently trading at $3,383, right inside a major daily supply zone between $3,370–$3,403, as identified by the LuxAlgo Visible Range. Price has tested this zone multiple times and is now showing signs of exhaustion.
🔍 Key Technical Highlights:
🔹 Strong Daily Supply Zone (Resistance):
Price is currently consolidating inside a key supply zone where previous rejections have occurred. The repeated failure to break above this level may trigger a bearish move soon.
🔹 Double Top / Triple Tap Formation:
Price action is hinting at a potential double top or distribution phase, which often signals a major reversal pattern.
🔹 Bearish Targets in Sight:
If price breaks below the minor support at $3,350:
🔻 Target 1: $2,997 – Previous strong demand zone and support.
🔻 Target 2: $2,602 – Critical demand zone with historical buying pressure.
🧠 Market Sentiment:
Gold has been in a strong uptrend since November 2024, but the momentum is now stalling at a psychological barrier. With potential bearish divergence forming and economic data releases ahead (📰 US economic news event marked), bulls might take profits, leading to a deeper pullback.
⚠️ Trading Plan:
📌 Sell Zone: $3,380–$3,400
🎯 Take Profits: $3,000, $2,600
🛑 Invalidation: Clean break above $3,410 with strong volume
💬 What’s your take on gold – is this a trap or the beginning of a major drop? Comment below! 👇
🔔 Follow for daily trade setups and live market insights!
#XAUUSD #GoldAnalysis #Forex #PriceAction #SupplyAndDemand #BearishReversal #TradingSetup #LuxAlgo #SmartMoney #FrankFx14
XAUUSD-it is very likely ATH in weekGold prices are being directly affected by the Israel-Iran tensions, the risk of trade conflicts due to the new US tariff policy, and concerns about slowing global economic growth. However, gold prices suddenly fell in the context of improving risk appetite of investors as they get used to the "new normal".
Daniel Pavilonis, senior commodities broker at RJO Futures, commented that if this rally starts to lose momentum, it could be a double top pattern for gold. Giving advice to investors, according to Mr. Pavilonis, they should start considering reducing their gold position at this time if they missed the opportunity to take profits at $3,509. When gold is peaking, investors see other markets moving higher, such as silver, platinum and palladium.
Today's gold price: support level 3335-3370,resistance level3400Today's gold price: support level 3335-3370, resistance level 3400-3420
On Tuesday (June 17), spot gold once again reversed the previous trading day's decline and closed at $3380.
As concerns about geopolitical conflicts between Israel and Iran re-heated, the US dollar rose and became the headline of trade news.
From a technical perspective:
Before the Fed announces its policy, our trading ideas for gold prices are still in a state of buying on dips.
News interpretation:
Recently, as the market's acceptance of the possibility of the Fed continuing to cut interest rates in 2025 continues to increase, the US dollar is unlikely to attract strong buying, thereby providing support for interest-free assets such as gold.
On the other hand, Israel's attack on Iran's state TV triggered a strong response from Iran, claiming that it would carry out the "largest missile attack in history."
Near the Strait of Hormuz, three oil tankers caught fire and geopolitical tensions intensified.
Summary: Market risk appetite has cooled significantly, still providing strong momentum for safe-haven buying of gold.
As shown in Figure 4h:
The gold daily chart maintains a clear ascending triangle convergence and oscillation trend,
Support level: 3370-----3335. .
If this area is effectively broken, the short-term upward structure may be destroyed and the price will face further downside risks.
Current strong resistance level: $3,400.
If it is successfully broken, it will open up the upside space to the $3434-3435 range, and then challenge the multi-week high of $3451-3452.
The ultimate goal: still pointing to the historical high of $3,500.
This position is also the overlapping area of the upper rail of the channel, which has a strong technical resistance significance.
From the current 4 hours, if the price falls directly, the rebound will not exceed the 3420-3422.5 line.
Specific operation ideas:
Buying ideas:
Buy: 3370-3375
Target: above 3400
Stop loss: 3360-3365
Selling ideas:
Sell: 3415-3420
Target: 3390-3380
Stop loss: 3425-3430
Gold precision operation ideas！News interpretation: This week, the Fed's policy meeting, retail sales data and geopolitical situation will become the three core factors affecting the global market. The Fed may keep interest rates unchanged, but its economic forecasts and statements on future rate cuts will directly affect the market's judgment on the trend of the US dollar. If the Fed releases dovish signals, the US dollar may be under pressure in the short term, but geopolitical risks and safe-haven demand may provide support for it. On the contrary, if the Fed emphasizes inflation risks, the US dollar may strengthen, but this may put pressure on global risk assets. In the long run, the fate of the US dollar is still closely related to the Fed's balancing act. Under the multiple challenges of inflation, employment and geopolitics, every step of the Fed will affect the nerves of the global market.
Analysis of gold trend: Gold closed strong and full last week, and after the previous retracement, it has accumulated momentum. The weekly chart failed to further lose the defense of the 10-week line, the lifeline of the bulls. After the consolidation, it regained momentum and closed above 3,400, breaking the previous secondary high. It destroyed the pattern of further adjustment, and the weekly line is bullish. From the weekly level, the gold price is supported by the support level of 3258-60. From the mid-term perspective, it is still in the mid-term bull market. The price will be further under pressure only if it breaks the weekly support.
Operation suggestion: The early high opening and the fallback continued. There was a signal of stopping the decline at the beginning of the European session. The current gold price is trading around 3415. There are two predictions for the next trend: the first is that 3410 stabilizes and rises to the gap position in the early session and then falls. The other is that it falls after crossing the gap position, and then rises after the second test around 3410. The overall idea is to rebound upward in the European session, and then confirm the operation idea of the US session based on the rebound strength of the European session.
BULLISH GBPAUDGBPAUD now sits at the support of this bullish channel. First target is the last lower high at 2,0853. Watch for any sign of strength and place buy positions.
Gold Market Update – Technical Breakdown in FocusGold has broken below the ABCD harmonic pattern structure, a classic sign of a potential trend reversal. This bearish move is now approaching the critical support at $3385, which has acted as a structural pivot in past sessions.
Adding to this bearish outlook, the Momentum oscillator has crossed decisively below the 100-line, confirming a shift in directional strength and reinforcing downside potential.
🔽 TradeIdea – XAUUSD Short Setup
Entry Trigger: Initiate short positions only if price closes below $3385 on strong volume.
Take-Profit Target: $3360 – near the lower harmonic projection and previous demand zone.
Stop-Loss Idea: Above $3412 (structure invalidation level)
This setup aligns with both pattern-based analysis and momentum confirmation, increasing confidence for short-term bearish continuation.
ARAMCO is BullishPrice is in a strong downtrend printing lower lows and lower highs continuously. However, the eight month long trendline seems to be breaking. Moreover, accumulation at current levels is also an indication that bulls are trying to assume control of the price action. If previous lower high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
USDJPY: A BUY IDEAPEPPERSTONE:USDJPY I'm going long at 144.016, while keeping the 145.448 as my profit target.
#DYM/USDT#DYM
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.2480.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are heading toward stability above the 100 Moving Average.
Entry price: 0.2537
First target: 0.2640
Second target: 0.2713
Third target: 0.2800
#DEGO/USDT#DEGO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 1.04.
We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are heading for stability above the 100 Moving Average.
Entry price: 1.050
First target: 1.076
Second target: 1.097
Third target: 1.12
#DOGS/USDT#DOGS
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel. This support is at 0.0001311.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.0001337
First target: 0.0001367
Second target: 0.0001395
Third target: 0.0001432
#PEOPLE/USDT#PEOPLE
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a rebound from the lower boundary of the descending channel. This support is at 0.01855.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 0.01881
First target: 0.01940
Second target: 0.01984
Third target: 0.02051
RSKD — 50–100% Return Potential Within a YearRiskified Ltd. (RSKD)
has been trading in a consistent long-term range, cycling between lows of 3.65–3.85 and highs of 6.20–6.54 approximately every 6 to 12 months.
This presents a swing opportunity with potential gains of up to 100%. We are currently mid-range and already in the trade, but as US indices show strength, additional buy setups may develop on retracements.
Fundamentally, investor interest in RSKD is supported by the growing demand for fraud prevention and identity verification solutions in e-commerce, client base expansion, and renewed attention to tech stocks during a potential sector recovery. Estimated holding time is 6–12 months.
GBP/JPY H1 | Approaching a pullback supportGBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 195.97 which is a pullback support.
Stop loss is at 195.30 which is a level that lies underneath a swing-low support and the 38.2% Fibonacci retracement.
Take profit is at 196.78 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Kiwi H1 | Potential bounce off an overlap supportThe Kiwi (NZD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6051 which is an overlap support.
Stop loss is at 0.6025 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement.
Take profit is at 0.6077 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
