XAUUSD – Technical pullback before a breakout?On the 4H chart, gold is consolidating just below the descending trendline after a correction from $3,389 to the support zone at $3,252. The current price structure suggests continued range-bound movement between $3,252 and $3,318 before a potential breakout. If price breaks above the trendline, the next target could be the resistance zone at $3,389.
From a news perspective, the easing of Iran–Israel tensions has slightly reduced safe-haven demand, putting short-term pressure on gold. However, the US dollar remains at a 3-year low, and concerns over the US government’s $3.3–3.9 trillion tax reform package are fueling fears of a widening deficit—both of which support a bullish outlook for gold.
In summary, watch how price reacts to the trendline. A confirmed breakout could send gold surging toward the $3,389 zone.
Sell-buy
XAUUSD – Bearish Trend Continues After Channel BreakoutGold is currently moving within a clearly defined descending channel, with successive lower highs confirmed at each retest of the dynamic resistance line. Following news of a temporary ceasefire between Iran and Israel, gold's safe-haven appeal weakened, triggering strong selling pressure that drove prices sharply lower, breaking below the key $3,260 support.
A rounded top pattern and a clean breakout beneath the channel indicate that sellers are in control. The next downside target lies around the $3,218 confluence zone, where a temporary bullish reaction may occur. The nearest resistance on a pullback is around $3,349 – aligned with the broken upper channel boundary and a dense FVG zone.
If the price fails to quickly reclaim the broken channel, the bearish trend is likely to persist in the short term. Traders should closely monitor price action near the $3,218 zone for potential entries or reversals.
USDJPY – Uptrend Still Intact, But Waiting for a BounceUSDJPY is currently pulling back toward the key support zone at 142.244 after being rejected from the 148.000 resistance area. This recent drop reflects strong selling pressure from the dense FVG zones near Resistance 2.
However, the overall structure remains bullish, with a series of higher highs and higher lows still intact. The current support zone is crucial—if it holds, USDJPY could rebound toward 145.800 and potentially retest the 148.000 level.
On the news front:
– A fragile ceasefire between Iran and Israel has improved global risk sentiment, reducing demand for USD as a safe haven.
– The Bank of Japan kept interest rates unchanged and signaled caution in reducing bond purchases—supporting the yen, but not enough to reverse the dollar's edge.
– The wide interest rate differential still favors the USD.
Strategy: Watch for bullish confirmation at 142.244. If buyers step in clearly, it may present a long opportunity in line with the dominant uptrend.
EURUSD – Short-Term Top Signal, Sellers Getting ReadyEURUSD has reached the upper boundary of the ascending channel around 1.17190 and immediately faced selling pressure. This zone previously acted as a strong reversal area, and with a rejection candlestick and a forming FVG, the risk of a downward correction is increasing.
Currently, the price is moving sideways just below the high, forming lower highs — suggesting a possible distribution pattern before breaking the bullish structure. If price breaks below the FVG zone near 1.165–1.166, the move could extend toward the technical target at 1.15900 — aligning with the channel bottom and a historical liquidity area.
Recent fundamental drivers:
U.S. economic data remains strong (Jobless Claims, Core PCE) → supports USD strength
The ECB remains cautious and hasn’t committed to further rate hikes → slightly weakens the euro
Is Gold Setting a Trap for Traders?Gold is currently retesting the FVG zone around 3,392 after breaking below a key trendline — a classic sell-trigger area if price gets rejected.
Bearish momentum is supported by:
U.S. jobless claims: 244K < 245K forecast → Stronger USD
Iran–Israel ceasefire → Reduced demand for safe-haven assets
If price fails to break above 3,392, the next downside target is the 3,299 support zone.
Trade idea: Watch for a rejection around 3,390–3,392 to consider short positions.
Bearish bias remains valid as long as price stays below 3,392.
EURUSD – Signs of Weakness, Risk of Trendline BreakEURUSD is showing signs of weakness after a strong rejection at the 1.16300 resistance zone — a level that previously acted as a distribution area. Despite a brief rebound driven by mixed PMI data, the Euro failed to maintain its momentum and is now turning lower.
If price breaks below the support zone around 1.15400 — which aligns with both the trendline and an old FVG — a deeper decline toward the 1.15000 level could be triggered. Continued failure to surpass the 1.16300 resistance would further strengthen the corrective pressure.
On the fundamental side, expectations for the ECB to hold rates steady and weaker-than-expected Eurozone data are dampening the Euro’s outlook. Meanwhile, the US Dollar remains firm on safe-haven demand, with upcoming US GDP and Core PCE data likely to drive short-term direction.
Bullish Thesis: Why AMD Stock Could Soar by Year-End 2025If you haven`t bought AMD before the previous rally:
What to consider now:
1. AI Tailwinds Are Accelerating
AMD is finally gaining serious traction in the AI GPU race. Its MI300X accelerator chips are being adopted by big names like Microsoft, Meta, and Oracle for data center AI workloads. While NVIDIA is still dominant, AMD is expected to grab 10–20% of the AI GPU market share by 2025, according to industry estimates. That’s a multibillion-dollar opportunity.
The MI300X already passed $1B in revenue within its first quarters.
AI server TAM (total addressable market) is expected to grow to $400B by 2027 — AMD is positioning itself aggressively to carve out its slice.
2. Valuation Looks Reasonable vs Peers
AMD trades at a forward P/E around 40, significantly below Nvidia (which trades over 60x) despite similar growth projections for the next 2 years.
Revenue expected to grow over 15–20% YoY in 2025.
Gross margins expanding as high-performance chips dominate the mix.
3. Diversified Growth: Beyond AI
Gaming segment (PlayStation 5 and Xbox Series X chips) remains strong.
Embedded segment from Xilinx acquisition continues to generate solid cash flow.
Client CPU business is rebounding as the PC market stabilizes.
4. Strong Management and Execution
CEO Lisa Su is widely respected for turning AMD around and guiding the company through major innovations and acquisitions (Xilinx, Pensando). Execution has remained consistent, especially in delivering cutting-edge performance-per-watt chips.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPUSD – Bullish Structure Holds, Waiting for a Clean RetestGBPUSD recently bounced strongly from the ascending trendline and hit resistance at 1.36300. The price is now slightly correcting, with a high probability of retesting the 1.35000 support zone – an area of FVG and technical confluence.
The bullish structure remains intact as long as price holds above this level. Positive UK Services PMI data further supports the medium-term uptrend.
Are you waiting for the pullback to jump in?
XAUUSD – Short-Term Decline, Long-Term Bullish AccumulationAfter a sharp drop of over 1,250 pips yesterday, gold reacted at the key demand zone around 3,300, where initial buying pressure has emerged. The chart still shows a valid short-term downtrend, but this area also aligns with the lower boundary of a long-term channel—previously a launch point for significant upward moves.
Currently, XAUUSD is consolidating below multiple unfilled Fair Value Gaps, awaiting a confirmed breakout toward the 3,361.500 region to potentially reverse the trend.
In terms of news, tensions in the Middle East escalated as the U.S. launched airstrikes on Iran’s nuclear facilities, triggering strong volatility in gold. Upcoming key U.S. economic data—including quarterly GDP and the Fed’s preferred inflation gauge, Core PCE—will play a crucial role in determining whether gold has the momentum to break out or remains in consolidation.
For now, the short-term bias remains bearish, but buyers are quietly accumulating strength for a potential long-term rally.
BTCUSDT – Rebound from trendline, targeting 115,300On the daily chart, BTCUSDT has bounced from a confluence support zone around 105,200, where the rising trendline meets the FVG, confirming that the bullish structure remains intact. The current price pattern suggests a continuation of the uptrend, with a short-term target at the 115,300 resistance zone — a level that has previously rejected price multiple times.
If this level is broken, momentum could extend toward the 120,000 area in the medium term. As long as the price holds above the trendline, the bullish outlook remains valid.
On the news front, market sentiment is improving as Bitcoin spot ETFs in the U.S. show signs of renewed inflows, coupled with growing expectations that the Fed might pause rate hikes due to recent signs of economic weakness.
EURUSD – Rejected at 1.16100, bearish pressure re-emergingEURUSD has just completed a technical rebound toward the 1.16100 resistance zone, which has previously rejected price multiple times. The current structure suggests a mild reversal, with a potential pullback toward 1.15378. A break below this support could extend the decline toward 1.14600.
Recent upside momentum came mainly from temporary USD weakness, but the greenback remains supported by expectations that the Fed will keep interest rates elevated, while Eurozone PMI data continues to disappoint.
In summary, 1.16100 remains a key resistance level. If price shows clear rejection here, EURUSD may be poised for a deeper correction in the short term.
XAUUSD – Holding Support, Potential Rebound in SightOn the H4 chart, gold recently dropped over 1,250 pips, but is now showing signs of stabilizing around the key support zone at 3,303 USD. Although price temporarily broke below the ascending trendline, current price action suggests a possible false breakout. If support holds, a rebound toward the 3,418 USD resistance – aligning with the previous trendline and an unfilled FVG – becomes likely.
Yesterday’s decline was largely triggered by news that the U.S. carried out airstrikes on Iranian nuclear sites, boosting the USD and pressuring gold. However, the broader market remains sensitive, with traders awaiting crucial U.S. data – including Q1 GDP and Core PCE, the Fed’s preferred inflation gauge.
If these upcoming releases signal economic slowdown or easing inflation, gold may regain upside momentum. As long as 3,303 USD holds, the technical structure favors a short-term bullish scenario.
Euro – Eyes 1.15400, Awaits Powell's ToneEuro has just filled a GAP and rebounded strongly from the FVG zone around 1.14500. It is now approaching the 1.15400 resistance area, where a descending trendline intersects with a supply FVG. The bullish momentum remains intact within the short-term correction channel, but a rejection at this level could trigger a pullback.
On the news front, US Flash Manufacturing PMI is expected to decline, while Fed Chair Jerome Powell is set to testify this week. If he adopts a dovish tone, the USD may weaken further, potentially giving EURUSD the push it needs to break through resistance.
Strategy: Wait for a clear breakout above 1.15400 to confirm further upside. If rejected, watch the 1.14000 zone as a key support.
Gold Slumps Sharply – Has the Rate-Cut Hope Faded?Gold prices are under intense selling pressure after the Bank of England, the Swiss National Bank, and the Federal Reserve all decided to keep interest rates elevated. This unified stance underscores persistent inflation concerns, driving up the opportunity cost of holding non-yielding assets like gold. As a result, investors rushed to take profits, sending XAUUSD down over 200 pips in just one session.
Adding fuel to the fire, the Fed’s latest monetary policy report to Congress warned that inflation could rise to 3% by year-end, higher than previous projections. Moreover, the Fed trimmed expectations for rate cuts in 2025 and beyond, signaling a longer road to policy easing.
🔎 What does this mean for gold's short-term outlook?
With high rates here to stay and the Fed's cautious stance, gold remains vulnerable to further downside in the near term. However, if upcoming U.S. economic data shows signs of significant weakness, gold may regain favor as a safe-haven asset.
At the time of writing, XAUUSD is trading around $3,347, a critical zone that may determine whether the current drop continues or finds a bottom.
Do you believe this dip will deepen—or is it a golden opportunity to buy the pullback? Share your thoughts below!
"XAUUSD – Hidden Strength Within the Accumulation Zone"Hello everyone, how are you currently evaluating XAUUSD?
Yesterday, gold remained relatively stable without major volatility, yet continued to be supported by a favorable macro environment. Escalating tensions between Israel and Iran have sustained safe-haven demand. While the U.S. has yet to make a direct military move, President Trump’s emergency meeting and firm stance have increased market caution, which in turn boosted interest in gold.
At the time of writing, gold is trading around $3,368, and the long-term trend still favors the bulls. But why do I say that?
From both a technical and macro perspective, gold is in a healthy accumulation phase. Although it hasn’t broken above the record high, XAUUSD remains safely above key support zones — especially above the EMA 34 — which continues to affirm its bullish structure.
EMA 34 remains a strong dynamic support, with a clear separation from EMA 89, reinforcing the momentum. Even if we see short-term pullbacks in the next few sessions, they are more likely technical retests rather than signs of reversal.
Adding to that, the rising trendline, higher support levels, and bullish candlestick patterns all strengthen the case for continued upward movement. These combined factors paint a positive technical outlook for gold in the medium to long term.
From my perspective, I remain confident in gold’s long-term uptrend. What about you? Feel free to share your thoughts!
XAUUSD – Weak consolidation near 3,357, eyes on 3,443 retestYesterday, gold traded within the 3,344 to 3,371 USD range and closed at 3,368.75 USD (+0.72%). Despite the slight rebound, price action remains weakly consolidative within a broad ascending channel, repeatedly rejected at the 3,443 USD resistance area — where multiple FVGs (Fair Value Gaps) remain unfilled.
On the H4 chart, price is holding above the key confluence support at 3,357 USD, which aligns with the medium-term ascending trendline. If this level holds, a technical bounce back toward 3,443 USD is likely.
However, it's worth noting that recent upward moves have lost momentum near the upper FVG zones. Traders should wait for a clear confirmation signal — particularly a strong bullish candle at the current support — before considering entry.
GBPUSD: Bearish pressure persistsGBPUSD is consolidating below a key medium-term resistance zone, with a rounding top and a minor head-and-shoulders pattern forming. The price is currently retesting the Fair Value Gap near 1.34900 — a potential reversal zone if it fails to break higher.
On the fundamental side, the Bank of England's decision to hold interest rates on June 19 disappointed the market. Meanwhile, the US dollar remains supported by safe-haven demand and the Federal Reserve’s hawkish tone, adding further pressure on GBP.
If GBPUSD fails to hold the trendline support near 1.33700, the risk of a deeper decline increases. Both the technical structure and macro fundamentals favor the bears.
XAUUSD – Support Under Threat, Deeper Decline LoomsGold is stalling below the 3,444 USD resistance, forming a series of lower highs — a clear sign of weakening bullish momentum. The support area around 3,358 USD is under pressure, and a break below this level could trigger a drop toward 3,280 USD.
On the news front, the FOMC has reaffirmed its hawkish stance, making no mention of a rate cut despite signs of slowing economic growth. This has strengthened the USD, placing additional downward pressure on gold.
In summary, XAUUSD is on the verge of breaking its bullish structure. If current support fails, sellers may take full control of the market.
XAUUSD Trade Idea:
Position: SELL if price breaks below 3,358 USD
Target: 3,304 – 3,280 USD
Stop Loss: Above 3,400 USD
XAUUSD – Gold breaks trend: Is a deeper fall coming?Gold has officially broken the ascending trendline that had held since mid-May, confirming a breakdown in the bullish structure. After failing to breach the strong resistance at 3,445 USD, selling pressure intensified, driving the price down to 3,390 USD — yesterday’s closing level.
This move came right after the FOMC meeting, where the Fed held interest rates steady but maintained a hawkish tone, strengthening the USD and weighing heavily on gold.
While tensions in the Middle East continue to offer short-term support, U.S. monetary policy remains the dominant force. Without a fresh geopolitical shock, gold appears increasingly vulnerable to a deeper correction.
BTCUSDT – Price Poised to Break Descending ChannelBTCUSDT has been maintaining a series of higher lows since early May, consistently rebounding from its dynamic support trendline. Currently, the price is consolidating just below the descending channel resistance around the 108,000 USDT level. A clear double-bottom pattern accompanied by solid recovery momentum suggests a potential breakout from the prolonged correction phase that has persisted throughout June.
If BTC breaks above the descending trendline, the next target could be the major resistance zone near 113,000 USDT.
On the news front, the market is reacting positively to BlackRock’s announcement of expanding investment in crypto ETF products. At the same time, recent soft U.S. inflation data has strengthened expectations that the Fed may halt its tightening cycle. This combination is improving investor sentiment and driving renewed interest in risk assets like Bitcoin.
EURUSD – Bullish momentum fades, downside pressure intensifiesEURUSD formed a lower high near 1.1613, signaling weakening bullish momentum. Price is now testing a key trendline, and a break below 1.1473 could confirm a bearish move toward 1.1350.
Market sentiment is currently dominated by the Fed’s hawkish stance following the latest FOMC meeting, where the central bank kept rates unchanged but expressed readiness to hike further if necessary. Meanwhile, although tensions in the Middle East are escalating, they have yet to deliver a significant blow to the USD.
Given the current backdrop, EURUSD is under considerable pressure and may soon break its bullish structure unless strong buying interest re-emerges.
Gold holds above key zoneAfter breaking the major resistance at 3,392 USD — a level that had been rejected multiple times in the past — XAUUSD is undergoing a slight pullback to retest the newly established support. The bullish reaction in this area suggests that buyers are still in control of the trend.
In the current context, U.S. retail sales have fallen more than expected, reinforcing expectations that the Fed may cut interest rates soon. This puts pressure on the dollar and benefits gold.
The primary scenario is a bounce from the current support toward the next resistance area near 3,481 USD. The 3,392 USD level has now become a key support to sustain the ongoing bullish structure.
EURUSD: Awaiting Confirmation to Continue the UptrendThe EUR/USD pair closed yesterday at 1.1550, moving within the 1.1526–1.1558 range. The euro continues its bullish trend, driven by U.S. inflation data coming in lower than expected, which increases expectations of an upcoming rate cut by the Fed. In addition, geopolitical tensions in the Middle East—particularly between Israel and Iran—have slightly weakened the U.S. dollar, providing additional support to the euro.
From a technical perspective, the price is currently correcting toward the 1.1480 area, where the ascending trendline converges with the exponential moving average. This is a key support zone. If it holds and a clear bullish signal emerges, EURUSD could rebound and move toward the 1.1610 resistance level.
Main scenario: look for buying opportunities around 1.1480 if a bullish confirmation appears, targeting 1.1610.
Alternative scenario: if the 1.1480 level is broken, the short-term uptrend could be at risk.