#XAUUSD[GOLD]:At Critical Level, Bullish Swing Is Very LikelyHey There Everyone,
So, gold prices took a bit of a dip, hitting 3250 gold. But guess what? They bounced back like a rubber ball and reached 3332! And here’s the exciting part: they broke through that pesky bearish trend line. This means they’re probably going to retest that line to confirm the trend.
Right now, it looks like they’re at a potential retest point, and that’s where things could get really interesting. If strong bullish volume comes in, the price could skyrocket! There are three possible targets here: 3332, 3362, and 3420.
Now, here’s something important to keep in mind: next week, there are some big news and events coming up that could totally shake things up in the gold market. And let’s not forget about price manipulation. If someone tries to mess with the price, it could drop back to 3250 and then reverse course. So, it’s crucial to have backup plans in case of any unexpected twists.
The US dollar is also going to be all over the place due to upcoming news, which could disrupt the gold market and other currencies. So, it’s best to trade cautiously today and next week. The price can be a bit unpredictable, so take your time to do your own analysis and assess your risk before making any moves.
Good luck and trade safely! We wish you all the best in your trading journey!
Cheers,
Team Setupsfx_
Support and Resistance
XAUUSD: +1500 TO +2200 PIPS Major Swing Move in Making, Two AreaThe first day of the trading week has seen Gold skyrocket, clearly indicating a bullish price direction. Our recent analyses had clearly shown this, and the volume confirms further bullish momentum. Additionally, the NFP news this Friday will be a trend changer, regardless of its positive or negative impact on the USD.
There are two potential take-profit targets. Before taking entry, please conduct your own analysis.
Good luck and trade safely,
Team Setupsfx_
#XAUUSD[GOLD]:+2200 Pips Big Move! | Setupsfx_|Gold is currently accumulating in smaller timeframes, which suggests it’s in the early stages of a significant move. It’s possible that the price will reverse from either of the entry zones. There are three take-profit areas you can target, but only if they align with your view. This is an educational post, so please don’t blindly follow it – do your own analysis.
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Team Setupsfx_
GBPUSD: Your Trading Plan For Next Week 🇬🇧🇺🇸
GBPUSD formed an ascending triangle pattern on a daily time frame.
Your next signal to buy will be a bullish violation of its neckline.
To confirm a breakout, we will need a daily candle close above 1.362.
A bullish continuation will be expected to 1.37 level then.
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Gold closed strong bull weekly candleGold closed strong bull weekly candle.
gold manage to close a solid weekly candle that manage to cover most of previous wick highs that showing a strong indication that it wants to reach its ATH as first destination which is accordance to fibo from the latest bearish movement of 3403 to 3295.
Bias is Bullish.
However, in the current daily line chart. we are at 3-point touch of resistance. which also indicate a very strong point of resistance.
1st scenario is I foresight gold will continue its climb towards 3500 or even closer to it to cfm its direction. if breaks above 3500 means gold will head towards 2.618 of fibo.
2nd scenario, if gold did not manage to break the 3500 ceiling, possibility for a trendline support retest as previous the weekly trendline was able to be broken however due to fundamental of trade war tariff its bounce back making it as a fake out.
my plan for next week.
1. I will still focus to look for buys, however I will only scalp position. means if I identify a support area to buy with a clear confirmation of fresh breakout target with a 50pips 1st tp 50% and 100pips 25% and balance B.E. for every setup.
2. I will wait for a confirmation of sells setups nearer to its resistance. if a strong and clear rejections appear in smaller tf shall i take that trade with the same principals and target as it makes sense to sell high.
at the current no trader is wrong to buy or sell as we are in at the most volatile area that a minute candle goes as much as 100pips. only money management that will keeps us alive. A self reminder to me as well. All the best traders. may it'll be a fruitful week ahead for all of us.
Gold eyes $3,485 as bulls take chargeOANDA:XAUUSD is trading within a clearly defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum suggests that buyers are in control, indicating the potential for further upside movement.
Price has recently broken through a key resistance zone and may pull back for a retest. If this level holds as support, it will reinforce the bullish structure and increase the likelihood of a move toward the 3,485 target, which aligns with the upper boundary of the channel.
As long as the price remains above this support area, the bullish outlook remains intact. However, a failure to hold this level could invalidate the bullish scenario and increase the chances of a retracement toward the lower boundary of the channel.
The recent surge in gold prices has been driven by the escalating Middle East crisis and a weakening U.S. dollar. Gold recorded its highest weekly close in history at $3,432 per ounce, fueled by concerns over global economic stability and rising demand for safe-haven assets. Analysts have raised their gold forecasts due to the ongoing market uncertainties.
Despite the bullish momentum, I believe gold may be entering overbought territory in the near term, indicating a potential for a short-term correction. However, the broader uptrend remains strong, supported by geopolitical tensions, central bank buying activity, and continued investor demand for robust assets.
XAUUSD LongWe can see that Gold is bullish in the Higher Time Frame. From picking the Day FVG gold bounced up and then formed a triangle pattern breaking 3250 resistance this week.
I'm seeing the Trendline acting as a support now for the Gold and Expecting gold to push to ATH in coming days.
I feel Gold will finish this week between 3320-3330 and then a breakout to the upside next week targeting 3430 and 3500 being the targets.
Happy Trading!
GBPUSD Back on Track – Watch for Momentum and Clues AheadPEPPERSTONE:GBPUSD is still steadily rising within its ascending wedge, beautifully respecting the structure as we are now seeing the first signs of renewed bullish interest, right after we received a solid rejection from the support zone.
At the moment, I am monitoring this recovery with a target near 1.3700, somewhere around the upper boundary of the ascending wedge. If this bullish move continues with strong volume and momentum, I will lock in on that trend and plan my entry accordingly. Patience is key—first, I always wait for the price to prove its worth before getting involved.
This could be a beautiful continuation...
Or just another fake-out before a deeper decline.
GOLD Analysis - Can buyers push toward 3,470$?OANDA:XAUUSD is currently moving within a well-defined uptrend channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum suggests that buyers are maintaining control, indicating a strong possibility for further price increases.
The price recently broke through an important resistance zone and has now come back to retest it. Should this level hold as support, it will strengthen the bullish trend and enhance the likelihood of reaching the 3.470 target, aligning with the upper boundary of the channel.
As long as the price stays above this support zone, the bullish outlook remains valid. However, a failure to sustain above this level could invalidate the bullish thesis and increase the chances of a deeper pullback.
Always ensure to confirm your setups and apply appropriate risk management strategies.
AERO: Take Off!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Long Entry at $0.515
Recap
SPARKS:AERO caught a bid after Coinbase news hit, but world events quickly clipped the rally’s wings. Price bounced cleanly off the .48 level, which aligned with an Area of Interest (AOI), a Level of Interest (LOI), and a golden zone retracement displayed in the last analysis.
Explanation
The .48 level was key and the reaction was textbook. The Coinbase news provided a catalyst just as price reached the .55 level. However, macro uncertainty remains a headwind.
Now, all eyes are back on .55. Bulls need to defend this structural level. The current pierce of .75 is an encouraging move. Continuation and a proper flip of that level would keep confidence high. Wave 3s are a sight to see, so a retrace may not even occur if price simply sends. Still, while AERO stood up and moved counter to the broader market when world news dropped, that alone may not be enough if global bearish reactions continue.
Outlook
Entry projected in the previous analysis has played out in ideal fashion, but the market remains fluid. Key levels:
.75 recent break
.55 ideal hold
.48 impulse invalidation
Current trend at the lesser degree is up and holding higher lows. Next objective: take out the .80 pivot and change the trend at the higher degree.
Break of the higher lows at the lesser degree would be the first sign of weakness. I’m watching for a definitive correction for a potential long add. A swift move that breaks higher lows could signal danger to bulls.
Trade Safe!
Trade Clarity!
TRBUSDT on the Verge of a Major Move – Breakout or Breakdown?Yello, Paradisers! Is TRBUSDT gearing up for a bullish breakout, or is a deeper retracement coming? Let’s break it down.
💎TRBUSDT is forming an ending diagonal while showing bullish divergence, increasing the probability of an upward move. But for this bullish scenario to play out, we need confirmation.
💎If TRBUSDT breaks out and closes candle above the resistance level, the probability of a bullish move strengthens, setting up a potential wave 4.
💎However, if the price retraces further, we could still see a bounce, but given the broader market conditions, this would be a low-probability setup.
💎On the flip side, a breakdown and candle close below support would invalidate the bullish outlook, signaling that it’s safer to wait for a better price action structure before taking any positions.
🎖Remember, patience and disciplined execution are what separate winners from the rest. Stay sharp, Paradisers, and don’t let emotions dictate your trades!
MyCryptoParadise
iFeel the success🌴
Gold Wave Analysis – 13 June 2025- Gold recently broke resistance level 3400.00
- Likely to rise to resistance level 3500.00
Gold recently broke the resistance level 3400.00 coinciding with the resistance trendline of the daily Triangle from April.
The breakup of the resistance level 3400.00 accelerated the active impulse wave 3 of the intermediate impulse wave (5) from the middle of May.
Gold can be expected to rise to the next major resistance level 3500.00 (former monthly high from April. which stopped the previous impulse wave (3)).
EURUSD Wave Analysis – 13 June 2025- EURUSD reversed from the resistance level 1.1575
- Likely to fall to support level 1.1400
EURUSD currency pair recently reversed down from the resistance level 1.1575, which stopped the previous sharp impulse wave (1) in the middle of April.
The resistance zone near the resistance level 1.1575 was strengthened by the upper daily Bollinger Band.
EURUSD currency pair can be expected to fall to the next support level 1.1400 (which stopped the previous correction ii).