Harmonic Patterns
Gold price falls back and continues to go longFrom the 4-hour market analysis, the support below is around 3408-10, and the short-term bullish strong dividing line moves up to the 3388-93 level. The daily level stabilizes above this position and continues to maintain the same low-long rhythm. Short positions against the trend need to be cautious. There is a high probability that the short-term will continue to rush up to test the previous high.
Gold operation strategy:
Gold falls back to 3408-10 and goes long. Fall back to 3388-95 and add more positions. Stop loss 3384, target 3445-3450, and continue to hold if it breaks;
The latest gold operation strategyTechnically, the daily level reminds us to focus on the key resistance range of 3455-3460: if this area fails to break through effectively, the price may face a technical correction; if it breaks through, it may open up further upward space. The 4-hour period chart analysis shows that the gold price maintains a unilateral upward trend, the Bollinger Band channel continues to expand, and the moving average system maintains a complete long arrangement. Two major support levels need to be monitored this week: 3420 constitutes a short-term long-short watershed, and if this position is maintained, the price will maintain its strong characteristics; 3410-3405 is a key trend support level. If it is not effectively broken, the long structure will continue.
Operation strategy:
1. It is recommended to buy gold near 3420-3415, stop loss at 3407, and target 3440-3460
BTC BITCOIN ,we are watching every step and price action,the next clear directional bias on long will be on the break and close of daily supply roof at 111k, while the sell confirmation will be on the break and possible retest of the daily ascending trending line holding buyers for today 16th.
Israel and Iran war could be seeing liquidity into crypto especially bitcoin
Buy on dips and seize rising opportunitiesGold prices are rising strongly. Technically, multiple supports are formed in various periodic charts. Short-term sideways trading in the hourly chart is a normal adjustment. If the support of 3420 is maintained, the upward trend will continue. If it falls below, we need to be alert to the risk of trend reversal. The current geopolitical risks and risk aversion demand provide medium- and long-term support for gold. The main strategy for the day should be to buy on dips, and focus on the key watershed of 3420. Long orders can be arranged when it falls back to this level. It is expected to accelerate upward after breaking through. Overall, the bullish trend of gold has not changed.
Gold recommendation: long orders can be arranged when the price falls back to 3425-3420. Stop loss 3413. Target 3472. Exit notification if the market changes
GOLD GOLD 3416 is giving us a strong draw down and we need to get ride of that structure to challenge 3428.be watchful of that zone 3428 for potential drop in price .break and clos ewe go long to challenge 3476. another critical demand will be 3392-3400 level to watch.
while from the down side 3375-3370-3365 is in my watch list.
H1 pullback in bullish H4 marketThe market is at a point where we must sell, it's at a maximum of Elliott Waves, wave 5 is already extremely extended, so prepare for a mega drop of several weeks while everyone continues to buy at the lows, it will continue to go down. In summary, we have a bullish market on H4, now there will be a correction on H1, that is, a bearish trend on H1 for several weeks; it is not an ABC, but 5 bearish waves.
BITCOIN BITCOIN weekly candle closed respecting the demand ascending trendline and we have seen buyers return against speculation from elite traders,
the retest of daily roof will be watched for potential rejection at 111-117k, and i will be watching 125k-136k ascending trendline roof should we have a daily break of structure above the current ALTH.
keep eyes on break of the current floor break out on daily, close below will be a a new week rejection ,where we will likely hold sell into 98-97k zone .
GBPAUD FORMING A DOWNTREND STRUCTUREGBPAUD FORMING A DOWNTREND STRUCTURE IN 4H TIMEFRAME.
Market recently enter into new downtrend by forming a lower low.
Market is rejecting the price near the previous high which in important resistance level.
Price may start forming another primary trend and may remain bearish in upcoming sessions.
on lower side market may hit the targets of 2.06800 & 2.05500.
On higher side market may test the resistance level of 2.10330.
GOLD 45MIN GOLD ,LONDON SESSION reporting on gold price movement shows cool off from Friday rally while keeping bias bullish.
the Asians open on sell from 3500 ALTH (BREAK OF STRUCTURE AT 3451-3450) ,when buyers returns today we have used that level as supply roof for 16th june 2025) and that level have held buyers and took out over 400pips and could do more from that bearish fall.
but 3393-3400 will be watched by London gold traders who will weigh the risk on that demand floor ,if they accept it, we win on that level, if they reject it, we still win because we sell on break of demand floor to target 3375-3370 floor
3375-3370 will be London last hope before we head into newyork time where we will experience extreme volatility in trading.
GOLD GOLD ,LONDON SESSION reporting on gold price movement shows cool off from Friday rally while keeping bias bullish.
the Asians open on sell from 3500 ALTH (BREAK OF STRUCTURE AT 3451-3450) ,when buyers returns today we have used that level as supply roof for 16th june 2025) and that level have held buyers and took out over 400pips and could do more from that bearish fall.
but 3393-3400 will be watched by London gold traders who will weigh the risk on that demand floor ,if they accept it, we win on that level, if they reject it, we still win because we sell on break of demand floor to target 3375-3370 floor
3375-3370 will be London last hope before we head into newyork time where we will experience extreme volatility in trading.
Potential bullish reversal?USD/JPY is reacting off the pivot and could rise from this level to the 1st resistance.
Pivot: 143.79
1st Support: 139.64
1st Resistance: 148.91
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USDCHF H4 | Bearish Reversal Based on the H4 chart, the price is rising toward our sell entry level at 0.8169, a pullback resistance that aligns with the 61.8% Fibo retracement.
Our take profit is set at 0.8121, a pullback support.
The stop loss is set at 0.8208, a pullback resistance.
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Crypto Crash Is Coming! Time to sell everythingThe war is escalating every day, major hits in Tel Aviv , Haifa and big cities. US will get involved wether they want it or not, since Israel doesnt want to stop the war without fully destroying all threats and leaders, and it can't finish the war alone.
Btc have to fill the monthly gap, crash is coming.
CHF/JPY – Premium Exhaustion Sell Setup🔍 **CHF/JPY – Premium Exhaustion Sell Setup**
On the daily timeframe, CHF/JPY reached a major Premium zone and swept the previous Weak High at 178.400. RSI is at its highest overbought level in months, indicating strong exhaustion.
Price has also formed internal CHoCH on lower timeframes (M15–H1), and we expect a correction towards the next key demand and imbalance zones.
🧠 Clean Smart Money setup based on exhaustion, premium rejection and BOS confirmation. No high-impact news expected for CHF or JPY this week – ideal for a technical swing setup.
Wait for mitigation or entry confirmation.
Nikkei 225 H1 | Swing-high resistance at 61.8% Fibo retracementThe Nikkei 225 (JPN225) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 38,245.01 which is a swing-high resistance that aligns with the 61.8% Fibonacci retracement.
Stop loss is at 38,500.00 which is a level that sits above the 78.6% Fibonacci retracement and a pullback resistance.
Take profit is at 37,855.58 which is an overlap support.
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Stratos Markets Limited (tradu.com ):
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Stratos Europe Ltd (tradu.com ):
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Losses can exceed deposits.
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GOLD GOLD ,April 3351 supply roof saw Sydney session take instant 100pips on early market open and if that layer is broken then we could be watching buyers print a new weekly high with 3500 ALTH in mind with extended buy touching 3530-3523 based on the structure. Its also giving aggressive buy into 3578-3580
Am watching the demand floor at 3393-3400 for buy
Nasdaq-100 H1 | Approaching a pullback resistanceThe Nasdaq-100 (NAS100) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 21,719.73 which is a pullback resistance.
Stop loss is at 21,870.00 which is a level that sits above the 78.6% Fibonacci retracement and a swing-high resistance.
Take profit is at 21,477.88 which is a multi-swing-low support.
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.
ES1!/SP500 Targeting Weekly Range Resistance***QUOTING SEP CONTRACT FOR JUNE CONTRACT OR CASH US500 EQUIVALENT LEVELS SUBTRACT ~52 POINTS***
***WEEKLY ACTION AREA VIDEO TO FOLLOW AHEAD OF NY OPEN***
WEEKLY BULL BEAR ZONE 6090/6100
WEEKLY RANGE RES 6150 SUP 5914
DAILY RANGE RES 6090 SUP 5972
DAILY VWAP BULLISH 6019
WEEKLY VWAP BULLISH 5923
DAILY BALANCE - 6064/5965
WEEKLY ONE TIME FRAMING UP - 5965
MONTHLY ONE TIME FRAMING UP
GAP LEVELS 5843/5741/5710/5339
Balance: This refers to a market condition where prices move within a defined range, reflecting uncertainty as participants await further market-generated information. Our approach to balance includes favoring fade trades at the range extremes (highs/lows) while preparing for potential breakout scenarios if the balance shifts.
One-Time Framing Up (OTFU): This represents a market trend where each successive bar forms a higher low, signaling a strong and consistent upward movement.
One-Time Framing Down (OTFD): This describes a market trend where each successive bar forms a lower high, indicating a pronounced and steady downward movement.
GOLDMAN SACHS TRADING DESK VIEWS
Weekend Cross-Asset Dislocations (15-Jun-2025)
Oil Options Positioning Reaches Extreme Levels
On Friday, call buying in oil pushed the put-call skew to one of its most extreme levels in over 25 years. This indicates that investors are positioning for significant upside asymmetry. Notably, the shift in the put-call skew far exceeded the movement in near-term oil futures, compared to similar past episodes.
AI-Related Capex Remains Steady
Our analysts report that capex spending for 2025 and 2026 by the six largest hyperscalers has remained stable over the past few months. Bearish investors might interpret the absence of upward revisions as a sign of slowing momentum in the broader AI sector. Conversely, bullish investors could view the rebound in stock prices as a signal of growing confidence in hyperscalers and other AI-exposed companies to generate revenue sufficient to support planned capex.
Sector-Specific Divergences in Put-Call Skew
Friday saw notable divergences in put-call skew across sectors, highlighting the varied impact of global events. Increased call-buying pressure in energy aligns with the extreme shift in oil’s put-call skew. Meanwhile, rising put-call skew in Materials and Financials reflects heightened downside concerns, with Materials put-buying signaling fears of a broader economic slowdown.
Balanced Positioning in Single Stock Put-Call Skew
Despite sector-specific disparities, single-stock positioning remains balanced. The average stock’s put-call skew has returned to levels seen in March 2025, before the US tariff announcements.
IG Credit Spreads Tight Relative to Equities
Investment-grade (IG) equity investors appear more cautious than their credit counterparts, likely due to elevated uncertainty around US interest rates. A potential rate increase could disproportionately impact IG equity valuations.
Retail Investor Activity Remains Stable
Retail investor volumes have aligned with their five-year average, suggesting they remain engaged but have not been a dominant driver of equity performance in recent weeks. For single stocks, retail investors have been in a holding pattern, having shifted from net buyers earlier this year to small net sellers recently. This suggests they may be waiting for a broader market dip to resume buying.
SPX Daily Options Pricing Reflects Steady Volatility
SPX options are pricing daily moves between 0.9% and 1.2% over the next four weeks. Notably, options for this week’s FOMC meeting are pricing a relatively low ±0.9% move. While a ±1.2% move is priced for July 7, uncertainty remains regarding the volatility impact of the tax bill and the end of the 90-day tariff pause.
Professional Investors Maintain Cautious Stance
Entering 2025, professional investors significantly reduced their demand for leveraged equity exposure through futures, swaps, and options, signaling potential downside risks. While this trend has continued, the pace of selling has slowed in recent weeks, making the cautionary signal less alarming.
Wednesday marks the VIX expiry, which we believe has been supporting the market. Thursday is a market holiday, and Friday brings option expiry, likely leading to a high out-of-office session as risk-taking eases. The market may challenge crowded trades, with "short oil" being noted as particularly crowded.
1. Positioning (i): Hedge funds have been buying U.S. equities for six consecutive weeks, with net leverage exceeding 50% after reaching a five-year low in April. Despite a generally bearish outlook, investors are positioned bullishly due to limited alternatives.
2. Positioning (ii): Sector flows show increased risk aversion, with strong demand in utilities and significant supply in consumer discretionary sectors.
3. Positioning (iii): The systematic community remains long on stocks and is unlikely to sell significantly unless conditions worsen. The key level to watch in the SPX is 5800, both medium-term and short-term.
4. Flows (i): The long-only community has finally turned to buying stocks after three weeks of selling imbalances, ending $10 billion better to buy across all sectors.
5. Flows (ii): As the June expiry approaches, SPX call open interest is at an all-time high with 8.7 million contracts.
6. Trades (i): In derivatives, there have been buyers of VIX puts extending to July, with a significant premium built into the VIX curve. SPX realized volatility is at 12, while July VIX is nearly double that. Outright puts are intriguing, and some VIX puts were traded contingent on SPX falling below a certain level.
7. Trades (ii): Our cash desk believes the AI theme is gaining momentum. Callahan notes the increased visibility around GenAI as the biggest takeaway from the week. The Ellison earnings transcript highlights "astronomical" demand.
8. Trades (iii): The Goldman Sachs house view and consensus suggest that gold will continue its rapid rise. A July 97% put costs 100 basis points, representing the maximum loss premium paid.
Gold Soars – Heading Towards 3,500 USD/ounce?Gold prices closed yesterday at 3,457.7 USD/ounce, up 0.12% from the previous day, fluctuating between 3,453.7 USD and 3,458.1 USD/ounce, marking the highest level in the past two months.
XAU/USD is currently maintaining an uptrend within a well-defined price channel, with strong support at the 3,390–3,400 range. After a short correction, the price could continue to rise if it holds above the EMA34, with the next target towards the 3,445–3,460 range and further up to 3,500 USD/ounce.
This upward momentum is supported by geopolitical tensions in the Middle East, particularly between Israel and Iran, driving demand for gold as a safe-haven asset. U.S. CPI data lower than expected has also increased expectations of a Fed rate cut, alongside central banks increasing gold reserves, all contributing to the continued rise in gold prices.
#EURUSD: Nothing to expect from DXY| View Changed Swing Trading|Hey there! So, we were previously thinking EURUSD was going to be bearish, but things have turned around and it’s looking bullish for now.
The extreme bearish pressure on USD has caused all the major USD pairs to be in a range. As the week goes on and we get the NFP data, the market will probably focus more on these economic indicators. So, it’s not surprising to see some market ranges during this time.
We’ll keep a close eye on the market, as there might be some manipulation going on this week.
We recommend waiting until Monday’s daily candle closes to see if the bullish trend is strong enough. Then, based on the price momentum, you can make your decisions.
We hope you have a great week and safe trading! If you like our work and analysis, please consider liking, commenting, and sharing our content.
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Team Setupsfx
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