Gold Outlook: From Resistance Rejection to Bullish Revival1. Recap of Yesterday's Expectations
In my previous analysis, I highlighted the 3340–3350 zone as key resistance and suggested that any rise into that area could give sellers a better entry.
✅ Indeed, price rallied into that zone and was rejected, validating the plan.
2. What Happened Next?
After rejecting the resistance, gold touched 3300 again, but again, the bulls stepped in:
🔹 A higher low formed compared to the previous day.
🔹 This suggests the market is now shifting its structure from down to potential up.
3. Why 3300 Looks Like the New Floor
Several bullish clues:
- The quick bounce back to 3330 shows buying power.
- Price structure is developing a series of higher lows.
- This suggests growing confidence from buyers.
4. Trading Plan
🔸 A break above 3340 would confirm bullish momentum and open the door toward 3400 again.
🔸 Any dives toward 3300 should now be viewed as potential buying opportunities.
5. Final Thoughts
The market is telling a story of bullish pressure building under 3340 and potential break back above.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Signalsprovider
Lingrid | BTCUSDT support Bounce After Flag Pattern BreakoutBINANCE:BTCUSDT recently rebounded from the intersection of the upward channel and horizontal support near 103,705 after a false breakdown from the flag pattern. The price is now challenging the downward trendline from above, hinting at a potential breakout. A sustained move above this zone may open the path toward the 108,800 resistance.
📈 Key Levels
Buy zone: 103,500–104,000
Buy trigger: breakout and close above 105,600
Target: 108,800
Sell trigger: close below 103,000
💡 Risks
Rejection from the downward trendline could revive bearish pressure
Sideways consolidation under resistance weakens momentum
A break below the channel base may invalidate the bullish setup
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | GOLD Weekly Market Analysis: Consolidation ContinuesTVC:GOLD has developed a double top pattern, marking a significant shift from the previous consolidation phase. The recent rejection from the $3,400 resistance zone has created a bearish reversal structure that's now testing critical support levels. 4H chart reveals a clear double top formation with peaks around $3,400, followed by a decisive breakout below the flag pattern that previously suggested continuation. This technical deterioration represents a major shift in market structure, with the upward trendline now serving as resistance rather than support.
Current price action at $3,309 sits dangerously close to the key support level at $3,245. A break below this zone would likely trigger accelerated selling toward the major support area around $3,120, representing the bottom of the recent consolidation range. Previous weekly highs (PWHs) around $3,354 now serve as immediate resistance, with the double top peaks at $3,400 representing the more significant barrier. Any recovery attempts will likely face selling pressure at these levels, creating a challenging environment for bullish momentum.
The upward trendline breach is another bearish development, as this line had provided support throughout the entire rally from the cycle lows. Its violation suggests a potential shift in the primary trend structure, though the major support at $3,120 remains intact. However, the major support confluence around $3,120 could provide a lifeline for bulls. This level represents multiple technical factors including previous significant lows and the bottom of the recent consolidation range, making it a natural area for buying interest to emerge.
The current setup suggests gold is entering a more challenging phase where rallies may be sold rather than bought. The shift from continuation to reversal patterns indicates a potential change in market sentiment that could persist until major support levels are tested and either hold or break decisively.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | EURUSD potential Sideways Consolidation PhaseFX:EURUSD recently tested the upper boundary of the resistance zone near 1.14550 and produced a fake breakout above the trendline. The pair is now showing signs of hesitation below that level, suggesting a potential move toward the consolidation area. A breakdown below 1.14000 may trigger a decline back to 1.13550 support.
📈 Key Levels
Buy zone: 1.13550–1.13800
Buy trigger: bounce from support with bullish engulfing pattern
Target: 1.14550
Sell trigger: confirmed close below 1.14000
💡 Risks
Prolonged consolidation weakens bullish momentum
Failure to reclaim 1.14550 may lead to deeper pullback
Breakdown of trendline support would shift bias bearish
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | AUDJPY possible WEEKLY High BreakoutThe price perfectly fulfilled my last idea . FX:AUDJPY is holding above its upward trendline after rebounding off support near 93.34, forming a higher low structure. The pair is consolidating just below the resistance zone, suggesting a potential continuation toward the 94.15 target. A break above the recent local high could reignite bullish momentum.
📈 Key Levels
Buy zone: 93.34–93.45
Buy trigger: breakout above 93.80
Target: 94.15
Sell trigger: breakdown below 93.30
💡 Risks
Rejection from 93.80 weakens the upward setup
Drop below trendline support may signal a shift to downside
False breakout above 94.00 could trap early buyers
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | SHIBUSDT Bullish Divergence at Support ZoneBINANCE:SHIBUSDT is attempting to recover from a structural divergence near the key 0.00001217 support area. The recent breakout above the descending channel suggests bullish intent, though price is now retesting the breakout level. If buyers hold this zone, SHIB could rally toward 0.00001430.
📈 Key Levels
Buy zone: 0.00001205–0.00001230
Buy trigger: strong bounce above 0.00001250
Target: 0.00001430
Sell trigger: break below 0.00001200
💡 Risks
Failure to hold above 0.00001200 would invalidate the divergence setup
Rejection near the downward trendline could trigger renewed downside
Market-wide weakness may cap follow-through beyond resistance
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | GOLD trend Continuation Targets April High RetestOANDA:XAUUSD has reclaimed the 3,350 level following a successful retest of the upward trendline, sustaining a bullish channel structure. After multiple breakouts and a clean consolidation above previous resistance, price is setting up for a potential move toward the 3,500 mark. A pullback and bounce near 3,330 would reinforce this bullish continuation scenario.
📈 Key Levels
Buy zone: 3,338–3,345
Buy trigger: strong bullish candle above 3,365
Target: 3,500
Sell trigger: break below 3,338 with volume
💡 Risks
Rejection near 3,365 could delay breakout
Breakdown below 3,338 weakens bullish trend
Consolidation flattening may reduce momentum burst potential
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | TONUSDT Consolidating Within Defined Trading RangeOKX:TONUSDT is attempting a rebound from key support near 3.00$ after a sharp sell-off from the upper resistance area. The chart shows a higher low structure forming just above trendline support, hinting at a bullish reversal setup. If price holds this zone, a breakout through the descending trendline could trigger a run toward 3.320.
📈 Key Levels
Buy zone: 3.010–3.050
Buy trigger: breakout and close above 3.140
Target: 3.320
Sell trigger: drop below 3.000
💡 Risks
Failure to reclaim 3.140 keeps bearish pressure active
Breakdown of trendline may retest 2.824
Repeated rejections below 3.120 could delay breakout attempt
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | EURCAD long OPPORTUNITY in Consolidation ZoneFX:EURCAD has formed a double bottom at the intersection of the support level and upward trendline after a steep correction from the 1.57201 high. The price is consolidating just above 1.56000, showing signs of reversal as it tries to reclaim the bullish structure. A confirmed breakout above minor resistance may open a path toward the 1.56760 level.
📈 Key Levels
Buy zone: 1.55800–1.56050
Buy trigger: close above 1.56200
Target: 1.56760
Sell trigger: drop below 1.55800
💡 Risks
Failure to hold above the upward trendline could invite bearish continuation
Extended rejection from the swap zone limits upward momentum
Lower highs forming may signal weakening bullish strength
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | NZDUSD Uptrend Trend Continuation Trade FX:NZDUSD is trending within a clean upward channel, recently bouncing off the trendline near 0.60164. After consolidating in a narrow range, the pair is showing signs of upward continuation toward the 0.60890 resistance zone. A retest of the trendline followed by a bullish reaction could confirm the breakout move.
📈 Key Levels
Buy zone: 0.60160–0.60220
Buy trigger: breakout above 0.60400 with momentum
Target: 0.60890
Sell trigger: breakdown below 0.60100
💡 Risks
False breakout above 0.60400 may trap buyers
Close below trendline invalidates bullish structure
Range-bound price action may delay breakout follow-through
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | BNBUSDT channel Consolidation Sets Stage for Next MoveBINANCE:BNBUSDT is pulling back toward the 647–650 support area after forming a higher high inside its upward channel. Price remains above the long-term trendline, and consolidation within this zone hints at potential accumulation. A confirmed bounce from this zone could send price toward the 715 resistance target.
📈 Key Levels
Buy zone: 647–652
Buy trigger: breakout above 668 with volume
Target: 715
Sell trigger: breakdown below 640
💡 Risks
Failure to hold the channel support may trigger a deeper correction
Sideways chop below trendline weakens bullish structure
Volume divergence could signal short-term buyer exhaustion
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | GBPUSD Range-Bound Action with Upside Bias Toward 1.36The price perfectly fulfilled my previous idea . FX:GBPUSD FX:GBPUSD formed a higher low at trendline support and recently broke above the descending trendline, signaling bullish intent. Price is now consolidating in a range just above the swap zone around 1.3500. If it holds this structure, a breakout could lift the pair toward the 1.3580 resistance area.
📈 Key Levels
Buy zone: 1.3490–1.3500
Buy trigger: breakout from range top
Target: 1.3580
Sell trigger: close below 1.3490
💡 Risks
Failure to hold above the breakout zone
Bearish pressure from resistance at 1.3580
Return to range could delay upside move
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
LULU Lululemon Athletica Options Ahead of EarningsIf you haven`t bought LULU before the previous earnings:
Now analyzing the options chain and the chart patterns of LULU Lululemon Athletica prior to the earnings report this week,
I would consider purchasing the 325usd strike price Puts with
an expiration date of 2025-6-6,
for a premium of approximately $10.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Lingrid | GOLD ABC Correction Complete, Next Resistance in FocusOANDA:XAUUSD continues to ride an upward channel, recently rebounding from trendline support after a flag breakout. The price tested resistance near 3430 before pulling back slightly, forming a potential bullish retest setup. If the 3337 support holds, a continuation toward the 3430 zone remains in play.
📈 Key Levels
Buy zone: 3330–3340
Buy trigger: bounce from channel support
Target: 3430
Sell trigger: close below 3330
💡 Risks
Break below channel invalidates bullish structure
Resistance at 3430 may cap upside
Weaker momentum could trigger another flag-style retracement
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | PEPEUSDT Fake Breakout Correction Eyes 0.00014BINANCE:PEPEUSDT has rebounded from key horizontal support near 0.00001105 after a sharp pullback broke below the upward channel. Price is now consolidating just above the lower structure with signs of a bullish reversal pattern forming. A higher low around support could trigger a fresh move toward 0.00001395.
📈 Key Levels
Buy zone: 0.00001105–0.00001130
Buy trigger: bullish candle above 0.00001160
Target: 0.00001395
Sell trigger: daily close below 0.00001100
💡 Risks
Breakdown of 0.00001100 opens path toward 0.00001000
Consolidation below channel weakens bullish bias
Failure to reclaim upward trendline may delay breakout potential
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUDJPY SHORT FORECAST Q2 W23 D3 Y25AUDJPY SHORT FORECAST Q2 W23 D3 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Weekly Order block rejection
✅15' Order block identification
✅4H 50EMA
✅Daily 50 EMA
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Lingrid | SOLUSDT channel Continuation Pattern Eyes Higher LevelThe price perfectly fulfilled my previous idea . BINANCE:SOLUSDT has declined from the double top structure (TOP1 & TOP2) and is now resting within a support box around the 152–160 zone, which coincides with the lower bound of the upward channel. The price action shows a potential bounce setup forming with a projected move toward 185 if bulls reclaim momentum. A successful rebound from the black trendline could trigger a new impulsive wave toward the upper resistance region.
📈 Key Levels
Buy zone: 150.00–160.00
Buy trigger: bounce from 152.00 trendline
Target: 185.00
Sell trigger: breakdown below 150.00
💡 Risks
Continued weakness could break the uptrend channel
Failure to close above 160.00 would weaken rebound prospects
Broader market downturn may override the setup
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GBPUSD SHORT FORECAST Q2 W23 D3 Y25GBPUSD SHORT FORECAST Q2 W23 D3 Y25
🔥👀TECHNICAL HOT PICK
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅4 hour order block
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
DAILY HOT PICK ! AUDCAD SHORT FORECAST Q2 W23 D3 Y25AUDCAD SHORT FORECAST Q2 W23 D3 Y25
🔥🔥DAILY HOT PICK !!!!!! 🎯🎯
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation breaks of structure.
💡Here are some trade confluences📝
✅Daily 50 EMA
✅Weekly order block rejection
✅Daily order block rejection
✅15’ order block identification
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Lingrid | GOLD Weekly MARKET Update: Price Coiled for Major Move OANDA:XAUUSD has formed an inside bar pattern on the monthly timeframe, creating a high-probability setup for the next major directional move. May's candle sits completely within April's range, with this compression typically preceding explosive moves in either direction. The 4H chart shows a complex corrective structure following multiple failed breakout attempts from the April high around. The recent bounce from support, which is May's low, suggests potential accumulation, though the overall structure remains corrective with descending highs.
Current price sits near the middle of the critical range. A break above May's high at 3,400 could trigger rapid acceleration toward 3,500-3,600, while breakdown below 3,120 would likely target major support around 3,000-3,050. Multiple fake breaks on shorter timeframes suggest accumulated stops on both sides, potentially fueling rapid acceleration once genuine breakout occurs. The A-B-C corrective pattern visible suggests the recent decline may be nearing completion.
The monthly inside bar pattern's resolution will likely determine gold's trajectory through the summer months. A bullish breakout could reignite the broader uptrend toward new highs, while a bearish resolution might trigger a deeper correction that tests major support levels. Either outcome would likely provide substantial trading opportunities for those positioned correctly when the pattern resolves.
The broader fundamental backdrop continues to support gold's long-term bullish case, though short-term technical factors may drive the immediate direction. Central bank policies, geopolitical tensions, and currency debasement concerns provide underlying support, while technical positioning suggests the market is primed for significant movement.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | EURUSD Bullish Trendline Breakout. Potential LongFX:EURUSD continues to build strength above the 1.13720 resistance-turned-support line, supported by the upward channel structure. The pair is squeezing between the ascending trendline and the descending blue trendline, with higher lows signaling steady bullish pressure. A confirmed breakout above 1.14400 would likely trigger a move toward the 1.15700 target level inside the resistance zone. Price action favors bulls while the channel base holds.
📈 Key Levels
Buy zone: 1.13720–1.14000
Buy trigger: breakout above 1.14400
Target: 1.15700
Sell trigger: close below 1.13720
💡 Risks
A rejection from the downward trendline could trap breakout buyers
Choppy behavior within the wedge may cause false signals
Broader dollar strength could cap gains if macro data shifts unexpectedly
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻