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Support and Resistance

GOLD → Hunting for liquidity before continued growthFX:XAUUSD has been correcting since the start of the session. The fundamental background is complicated due to the escalation of the conflict in the Middle East. The price of gold briefly retreated from a two-month high above $3,450 amid a recovery in the dollar and investor caution. Escalating tensions between Israel and Iran are dampening risk appetite, while markets await decisions from the Fed and the Bank of Japan. Expectations of a dovish Fed continue to support interest in gold, but fresh impetus is needed for further gains. Technically, the market is bullish. Gold is forming a correction to the key support and liquidity zone amid an uptrend. The price is within the range, and a retest of 3400 could trigger growth. Support levels: 3408, 3400 Resistance levels: 3446, 3500 A retest of support and liquidity capture amid the current challenging situation (high interest in the metal) and a bullish trend could support the price, allowing gold to continue its growth. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
24
Bitcoin - Trend Shift Confirmed, Eyes on $102.8K LiquidityMarket Context Bitcoin showed signs of exhaustion after a strong short-term rally within a clean upward channel on the 1H chart. Price action had been respecting the trend structure until a key deviation occurred near $108,500, where we saw an internal liquidity sweep that hinted at potential distribution. Fake-Out Confirmation and Shift in Momentum After taking out local highs around $108.5K, price failed to continue higher and instead reversed sharply, confirming the sweep as a classic fake-out. This kind of internal liquidity grab is typically used to trap breakout buyers before reversing and targeting previous lows. Break of Structure and Channel Retest The rising channel was broken convincingly, and price has now retested the underside of the channel, aligning with the 50% equilibrium of the entire high-to-low range. This reinforces the bearish bias and suggests the market has likely shifted from accumulation to distribution. Downside Targets and Key Levels Immediate support sits around $104.6K, which served as a consolidation base during the earlier run-up. If this level fails to hold, the next key target would be a sweep of the previous significant low at $102.8K. This area is marked as a point of interest and could offer a reaction or reversal. Price Expectations and Trade Outlook As long as price remains below the broken channel and under $107K, the bearish scenario remains in play. I’m watching for bearish continuation into $104.6K first, and a potential full sweep toward $102.8K if that support fails. Conclusion The internal sweep followed by impulsive rejection, combined with a clear channel breakdown and retest, shifts the bias to bearish. A move into the $104.6K region seems probable, with a lower liquidity target at $102.8K in sight if downside pressure accelerates. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ___________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀
TRADENATION:BTCUSDShort
by TehThomas
37
Israel-Iran Confrontation. (I expect upward movement in USD/CADIsrael and Iran are exchanging missile strikes, but it seems markets are trying to play their own game, assuming that this conflict will not cross the nuclear threshold. in the meantime, investors are shifting their focus to key events this week. The main highlights will be the consumer inflation reports from the UK and the eurozone. In the EU, inflation is expected to stabilize at 1.9%, while in the UK, it is forecast to decrease from 3.5% to 3.3% year over year. This week will also bring central bank meetings in Switzerland, the UK, and, of course, the U.S. Federal Reserve-which will likely take center stage and divert attention from the tow European central banks. Other events worth focusing on include the release of the Philadelphia Fed Manufacturing Index U.S. retail sales figures. But let's return to the week's main event-the Fed's final monetary policy decision, which will be made over two days, Tuesday and Wednesday. According to the consensus forecast, the central bank is expected to leave the key interest rate unchanged at 4,50% The main reasons for this are persistently high consumer inflation figures, which showed an annual increase last week (albeit smaller than expected), and uncertainty about the consequences of Donald Trump's presidency. Fed Chair Jerome Powell has previously cited both as reasons to pause the rate-cutting cycle. So, what might come of the Fed holding rates steady? Frankly, not much. Ongoing uncertainty will continue to be the primary driving force in the markets. Traders are starting to anticipate rate cuts in the second half of the year. However, I believe there is a strong chance that rates will remain unchanged until next year. This is due not only to risk of inflation returning to 3% and the murky geoeconomic policies of the U.S.-China trade war and its unclear outcome. Given this combination of negative factors-each of which obstructs rate cuts-and the fact that the market has already priced these into its expectations, we can anticipate a continuation of existing trends. The pair is declining amid rising crude oil prices, which support the Canadian dollar, a commodity-linked currency. If oil prices resume upward momentum, USD/CAD will face pressure again. If the pair fails to rise above 1,3600, a decline toward 1.3435 is likely. A potential sell level is 13560.
Long
by CEO-PREMIUM-ANALYSIS
13
GOLD's rise has been steady, decisive move aheadGold is the focus, plain and simple. We’re in an ascending channel, and price is respecting that structure with precision, higher highs, and no major signs of exhaustion yet. Recently a clear resistance level was just taken out, and now I am watching for the classic retest. That breakout? A big deal, and a strong clue as well. If that zone holds as support, that’s a green light for a potential upmove toward 3,460 which matches the top of the channel. But if it fails, we could expect a slight pullback, it might mean we could be in for a healthy dip before the next move. Bottom line: follow the structure, and don’t force trades here without confirmation first
PEPPERSTONE:XAUUSDLong
by TrendDiva
29
Positive market: OIL rises sharply - Important area to watch forThe recent escalation of tensions in the Middle East has had a strong ripple effect across all commodities market. Just as we observed with Gold, it’s no surprise we’ve seen oil prices climb as well, given this uncertainty. If you’ve seen my latest Gold analysis, you’ll understand how market sentiment has turned uneasy, and in times like these are what people trust when everything else feels risky. And naturally, with everything going on, Gold is seeing stronger demand again, and I expect the price to steadily climb and reach new highs because the momentum is unmistakable. On Friday the 13th, oil prices spiked abruptly before pulling back slightly, showing just how sensitive the market is to potential supply disruptions. What’s fueling this rally is obvious, and it’s the fear around supply from such an important oil-producing area. This creates a great opportunity to take a position. As you can see in my analysis, the price has recently broken above a key resistance zone and may come back for a retest. If this level holds as support, it would really confirm the bullish bias and make the move towards my anticipated target of 77,50 high probability, towards the next resistance zone level at 77,50 and 79,50. If the price remains over this support zone, my bullish outlook stays the same. But, if it doesn’t hold above this level we could see a slight pullback before another definitve move up. In such times, it’s important to watch price action closely especially near key technical levels, and let the market show your next move.
MARKETSCOM:OILLong
by TrendDiva
33
Euro can turn around and start to fall to support areaHello traders, I want share with you my opinion about Euro. Observing this chart, we can see how the price earlier dropped toward the 1.1360 support level and successfully broke it. Then we saw a short recovery move, but the price once again returned to the downside and retested the support line from below. After that, the market created a strong upward impulse, broke back above the 1.1360 level, and entered a phase of consolidation inside a range. This range held for some time, with price respecting both its upper and lower boundaries. Eventually, we saw a breakout from this consolidation, followed by another strong bullish impulse and a steady climb above the 1.1530 zone, where price is currently trading. However, the price has now approached a critical structure and is showing signs of weakening momentum. In my mind, the Euro may attempt one more small move up but then turn around and start declining toward the 1.1530 support level, breaking the ascending support line as well. That's why my TP is this support level, which coincides with the support area. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by LegionQ8
7
BITCOIN → Buyback bar. Chance of growth to 108,000BINANCE:BTCUSDT is trading in a fairly wide range of 100,600 - 110,400. The market is stagnating due to fundamental uncertainty, but the risks of a decline are quite high... After the escalation of the conflict in the Middle East, Bitcoin broke the bullish structure on the market and managed to test the local level of 102500, from where a fairly aggressive phase of buying out the fall began within one trading session. The market is defending the structure quite aggressively. The chart shows a local range forming with strong levels at 102500 and 106200. Accordingly, the price may remain in this range for a long time (in which case an intraday trading strategy can be considered). However, if Bitcoin starts to stick to one of the boundaries, then we can consider the price leaving the range, but based on the structure of the uptrend, correction, and the formation of a buyback bar, it would be logical to see an attempt to break through resistance with the aim of continuing growth. Resistance levels: 106200, 108200, 110400 Support levels: 102500, 100600 On D1, there are no prerequisites for a strong decline. The market is buying up knives and trying to stay afloat (in consolidation). In the medium term, there may be an attempt to retest 102500 - 100600 due to the liquidity pool. But locally, the market may form an attempt to grow to 108200 Best regards, R. Linda!
Long
by RLinda
37
GOLD (XAUUSD): Your Trading Plan Explained⚠️GOLD is currently at a crucial daily horizontal support level. It is consolidating within a horizontal range on the 4-hour chart, showing a positive bullish reaction and testing the range's resistance. A breakout above this resistance with a 4-hour candle close would signal strong bullish momentum, potentially leading to further gains, with the next target at 3437. Conversely, a bearish breakout below the support could initiate a downward movement.
TVC:GOLD
by linofx1
3
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Although many were anticipating a strong move upside on the open, we stuck to our guns and the algo which gave us the bias level as bearish below. Although we wanted a little bit higher, this worked well today with nearly all our bearish below target being completed again in one day apart from the remaining 3380. For this reason, we'll stick with the plan for now with resistance now being the 3406 level which if held can force us down further into the level given before a potential RIP. With FOMC around the corner, we can expect some choppy and ranging price action tomorrow so tread carefully on the markets if you're less experienced. KOG’s bias of the week: Bearish below 3465 with targets below 3425✅, 3420✅, 3410✅ and 3406✅ Bullish on break of 3465 with targets above 3477, 3485, 3492, 3495 and 3503 Red Boxes: Break above 3435 for 3443, 3448, 3465 and 3476 in extension of the move Break below 3420 for 3410✅, 3406✅, 3397✅, 3385✅ and 3380 in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
4
GOLD → Bear pressure. Area of interest: 3340–3306FX:XAUUSD continues to decline under pressure from sell-offs. However, the situation is interesting overall, as there is conflicting data and unexpected price behavior is surprising the market... On Tuesday, gold is trying to regain the $3,400 level after pulling back from highs, but it is still facing selling pressure and returning to $3,377. The market reaction to the $3,377 level is quite weak, and if the price starts to stick to support, this will lead to a further decline. The dollar is strengthening as a safe-haven currency, holding back gold's growth. The markets are focused on the outcome of the Fed and Bank of Japan meetings, as well as US retail sales data. Any dovish signals from the Fed could support gold and weaken the dollar. Technically, on D1, gold is returning below the 3382 level (selling zone) and testing 3377. The reaction to the false breakout of support is weak, and the price is forming a pre-breakdown consolidation relative to 3377. There are clear areas of interest that could lure the price before the news. For example, 3343, 3306, 3245. Resistance levels: 3382, 3403. Support levels: 3377, 3339, 3320 The bearish structure will be broken if the price strengthens to 3403 and consolidates above that level. This will reinforce buyers' expectations, which could lead to growth. At the moment, I would expect two scenarios: price consolidation within 3377-3403. But technically, the chart shows that there is bearish pressure in the market. The price continues to storm the support level of 3377, which may not hold up against another retest. A break 3377 could lead to a fall to the areas of interest at 3339-3306. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
10
BTCUSDT Price may Test as Short TermBTC/USDT Price Analysis (Interpretation): BTC/USDT recently tapped into a well-defined rejection zone on the 4H and Daily timeframes. This zone has previously acted as strong resistance. Given this, we could expect a potential move to the downside unless the price breaks above that rejection zone with strong momentum. However, before the downside move fully plays out, there is a chance the price may retest the 102,500 level again — possibly as a liquidity grab or a false breakout — before resuming a bearish push. My Goal is 102,500 lets we see how how the price will plays out. if you like tis idea and if you find good thing in this analysis share in comments we need support from you Guys.
by MrMartin_11
1
NXPCUSDT → The coin is being killed. Searching for a new bottomNXPCUSDT is testing the bottom at 1.1675 while Bitcoin and the top 10 cryptocurrencies are in a global/local bullish trend... NXPCUSDT is showing its weakness in the cryptocurrency market. There is no potential or driver for the coin, and it continues to be killed... Against the backdrop of a growing market and Bitcoin forming a bullish trend, the NXPC coin is testing the bottom... After a strong and long-term decline, the NXPC coin is forming a flat (consolidation) in the range of 1.5637 - 1.1675. A pre-breakdown base is forming relative to support, which could lead to the price breaking out of consolidation downwards... Resistance levels: 1.2532 Support levels: 1.1675 Focus on support for the range and bottom in the current coin at 1.1675. This is a risk zone and a panic zone. If the price breaks out of this consolidation, there are no obstacles below and the fall could be aggressive. A breakout of the consolidation support could trigger a continuation of the rally or a decline with the aim of forming a new bottom... Best regards, R. Linda!
Short
by RLinda
3
ETH NEW UPDATE (8H)This analysis is an update of the analysis you see in the "Related publications" section After the pump and hitting the red zone, it got rejected. It's better not to open a short position on Ethereum, as its dominance appears bullish | which means it might be resilient against a potential drop. The closing of a daily candle above the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1
Analysis of Trades and Trading Tips for the Japanese YenThe price test at 144.27 occurred when the RSI indicator had already moved significantly above the zero line, but the strong U.S. labor market data offered a high probability of the dollar strengthening against the yen, which I decided to take advantage of. As a result, the pair rose toward the target level of 145.06. The confident growth in U.S. non-farm employment recorded in May exceeded experts' expectations' causing noticeable fluctuations in currency, markets. The publications of data showing the creation of 139,7000 new jobs versus the forecasted 127,000 instantly strengthened the U.S. dollar, putting pressure on the Japanese yen. The yen's reaction to the news was immediate: the currency weakened significantly against the dollar. Investors perceived the data as a signal of the strength of the U.S. economy and the likely continuation of Federal Reserve's tight monetary policy. Furthermore, the stable unemployment rate in the U.S. recorded at 4.2%, also reinforced the market's optimistic sentiment. Today's data shows that Japan's GDP for the first quarter was revised upward, which helped the yen recover slightly from Friday's losses against the U.S. dollar. However, despite the positive revision, Japan's economy still faces serious challenges. Weak domestic demand and an aging population continue to pressure growth, while geopolitical uncertainty poses additional obstacles. The Bank of Japan maintains a wait-and-see approach and has no plans to raise interest rates for now, which had previously provided good support to the the yen. Strong growth in bank lending also contributed to increased demand for the yen.
Short
by CEO-PREMIUM-ANALYSIS
20