Gold Showing Signs of Reversal After Hitting Key ResistanceHello Guys.
Gold has reached a major resistance zone around 3439–3425, which has already acted as a strong ceiling in the past. The price tapped into this area again, forming a clear divergence, and failed to break higher.
Here’s what stands out:
Divergence signals a weakening bullish momentum at the top.
The price rejected the resistance and is now breaking structure to the downside.
A minor pullback may occur before continuation, as shown in the projected moves.
First target: 3259.792
Second target (if support breaks): 3136.869, a deeper zone for potential bounce or further drop.
This setup hints at a bearish trend building up. Stay cautious on longs unless the price structure changes again.
Trend Analysis
PROP - Riding the Cycle? The Next Wave May Just Be Starting!Markets move in cycles; and PROP is no exception.
If you’ve been following our previous analyses, you’ll recognize the accumulation zone we highlighted earlier. Well, this updated chart adds another layer: the cyclical rhythm of price action.
🔁As shown, PROP has been moving in clearly defined waves, bouncing between key zones with consistency. The current cycle appears to have bottomed — once again — inside the lower bound, where strong demand continues to hold.
We’re now in the early phase of what could be a fresh bullish cycle. If the rhythm plays out as before, the path of least resistance could take us toward the median zone ($6.5 - $7.5) and possibly all the way back to the upper bound ($15 - $17) by late 2025 or early 2026.
🔍 Supporting Fundamentals
While the chart speaks volumes, the fundamentals back it up:
Energy demand is surging globally, fueled by AI, data centers, and electric infrastructure — all of which require massive power capacity.
Oil and gas remain essential in this transition phase, especially with renewable infrastructure still years away from matching base-load demand.
PROP (Prairie Operating Co.) controls 65,000 acres in the DJ Basin — one of the most productive oil regions in the U.S. With advanced drilling tech and low-cost operations, PROP is well-positioned to ride out volatility and capitalize on rising demand.
🎯 Key Zones to Watch
- Support: $2.5–$3
- Median target: $6.5–$7.5
- Macro resistance: $15–$17
📌 We’re not just seeing structure — we’re seeing rhythm, confluence, and timing align.
If this cycle continues to play out, PROP might just be preparing for its next major wave.
Are you ready to catch it?
🧠 Previous posts and technical breakdowns are attached for full context.
➡️ As always, speak with your financial advisor and do your own research before making any investment decisions.
📚 Always follow your trading plan => including entry, risk management, and trade execution.
Good luck!
All strategies are good, if managed properly.
~ Richard Nasr
A pullback planThe upper trendline starts from Jan 2022 peak. It was broken on normal scale but still holds on log scale. The price may top here or may go higher. In a very bullish scenario the price may bounce much higher from an upper 1W FVG, but I think it will be broken soon. In any case I see a strong support at 6050-6150 area - a horizontal support and 1M/1W FVG are there. The price should return there sooner or later. No negative daily RSI divergence at the moment, but the price can make 4% correction on 2-4h divergence, which will appear at any new ATH. I gonna hold and increase my short position with low leverage untill the price makes a pullback into this area.
Strategy: “Breakout Bounce” – Buy the Retest, Ride the WaveHello Traders! BTC has broken out above $118K–$120K after a strong uptrend. Now it’s pausing, and a short-term pullback looks likely. Instead of buying the top, we wait for the price to retest previous resistance (around $112K–$114K), which could turn into support.
MY PLAN:
Wait for pullback to $112K–$114K zone.
Look for a bullish candle (daily or 4H) to confirm entry.
Target: $122K short-term or trail stop if trend continues.
Stop loss: Below $108K to manage risk.
Tip: Don’t chase. Be patient, follow the setup, and use proper risk management.
Please leave a comment and don't forget to support a fellow trader! Also, you can leave in the comments your target and plan ideas!
Have a great day y'all!
-Neo
XAUUSD Update – Down Continuation to 3250?1. What Happened Yesterday
After an anemic correction that formed a bearish flag, Gold finally broke below 3300 and even dipped under the 3280 support zone — which was my primary downside target. While the move during the day didn’t have enough momentum to reach my second sell limit, I was already in a low-volume short position, so I didn’t miss the move entirely.
2. The Key Question
Has the drop ended, or are we looking at further downside?
3. Why I Expect More Downside
• The overall structure remains bearish.
• The newly formed resistance (previous support) is now the new sell zone.
• If the price drops towards 3280 again, continuation to 3250 becomes very probable.
4. Trading Plan
Selling rallies remains the preferred strategy, especially on spikes into resistance. As long as the price stays below 3335-3340 zone, the bearish outlook remains intact.
5. Conclusion
Sell the rallies. The technical picture still favors downside continuation — no need to overcomplicate it. 🚀
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.
Solana Update · Retrace, Bears & The Bullish BiasSolana had a retrace in May. Notice the 19-May date on the chart. This retrace produced four weeks red. The bullish move that led to this retrace lasted 6 weeks. The last rise lasted five weeks and the current retrace might last only two weeks, can be less.
We are seeing Solana rising but this rise is not a one-time off event, this is a trend that is developing. An uptrend as a long-term phenomena is different to a short-term bullish moves. A short-term move tends to be really fast, one strong burst and that's it. A long-term move is different. Instead of seeing 2-3 candles and Solana trading at $1,000, we see dozens and dozens of candles with prices slowly rising. There are strong fluctuations but the end result is always up. And that's how you see the fluctuations on the chart.
Solana moved up and then immediately started to retrace. Then another rise and another retrace again. This retrace will end and prices will continue to grow long-term. The bulls are in. The bull market is on. Solana, Bitcoin, Crypto and the rest of the Altcoins market is going up.
Namaste.
GOLD (XAUUSD): Bearish Continuation Ahead?!
Gold retested a recently broken significant liquidity cluster.
I see a clear sign of strength of the sellers after its test
with multiple intraday confirmation.
I think that the price will retrace to day to 3276 level.
❤️Please, support my work with like, thank you!❤️
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Notcoin · Last Call, Last Chance · Friendly ReminderWe looked at Notcoin recently and this is the last time you will see a publication at these low prices. In the next Notcoin update the price will be at least 100% higher and growing, we will be in the middle of a full blown bullish wave.
Right now Notcoin is still trading at the lower end of a downtrend. The downtrend ended and the market went sideways. Sideways is what we have now. The accumulation phase and zone where whales, smart trader and experts buy the most. The obvious reason being because it is always better to buy when prices are low.
4-8X. We are going with 6X for this one but the choice is yours.
Notcoin can grow anywhere between 1,000% and 3,000% in the coming months. I will aim for the higher targets just because I know this bull market will be very strong based on the charts and the early action we are getting. We are still at bottom prices marketwide and yet some pairs are already trading at new all-time highs. It means that this bull market will be big, bigger than usual and bigger than anything you can expect or imagine.
The strategy is to buy and hold. Spot. If you are leverage, then you need to decide on your risk, at this point, 2-3X is safe. Anything higher and you are opening yourself to a risky situation. Higher would imply higher profits potential, but would you risk everything for just a potential? Better play it safe while aiming big. If the pair can grow 30X in the coming months, leverage might not be the best choice.
Some people do both. What is your trading style? What are your trading goals?
Spot or leverage, low or high risk, we are going up. We had plenty of time to buy, plenty of warnings and plenty of opportunities. The market will wait no more. Prepare for the start of a mega bull run.
Thanks a lot for your continued support.
Namaste.
Correction Ahead? SP500 Prints Reversal Signal at Key Resistance📘 This market moves like a textbook chart
SP500 is acting like a perfect case study from a trading manual. Back in early April, the index dipped just below 5,000, right into a confluence support zone ( I had spoken about this at the time ) – formed by the long-term ascending trendline and the 2022 all-time high. Just like other U.S. indices, the market reversed aggressively from that area.
🚀 A 30% rally in 4 months
From that low, SP500 rallied around 30% in just four months. An incredible move that brought the index straight to the upper boundary of the yearly rising channel.
🕯️ Bearish signal at the top
And just like in NAS100’s case , the index printed a strong Bearish Engulfing candle exactly at that resistance level. This kind of signal, after such a rise, shouldn’t be ignored.
📉 A correction is not only probable – it’s needed
A pullback from here is not just likely, but in my opinion, healthy and necessary . Short-term speculators could look for a move toward the 6,150 zone, which would already offer decent room for profit.
🔍 What if it goes deeper?
I wouldn’t be surprised to see a correction down to 5,750–5,800. That’s about a 10% decline, which wouldn't even classify as a bear market, just a normal reset after a euphoric rally.
🧠 Perspective matters
In a market that gained 30% in four months, a 10% correction is not a crash — it’s discipline being restored.
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.
Sui Update · Support Found, Moving AveragesWe will focus solely on the chart. As a move happens, there are always fluctuations, down and up. What determines the trend is not the short-term but the broader market move. When a pair is producing higher highs and higher lows, we are growing and going up. If there is a drop short-term, this is nothing more than a retrace because prices (profits) are rising mid- and long-term. This is the current situation and has been true for many months.
Each time Sui retraces, it finds support and then continues to grow.
SUIUSDT peaked 28-July, now five days ago. A classic retrace because after this date all days are red. Facing resistance led to immediately to a test of support. A test of support tends to lead to a new challenge of resistance.
SUIUSDT is working support at EMA89 and EMA55 daily, the same levels we had active on the last update. These levels seen to be holding strong so far and if they hold, we can see growth right away. Normally, support tends to be pierced briefly and then the market turns. So anything goes.
We can see a reversal happen now, or it can take a few days at most. The action is already happening at support and within a higher low. It can move a bit lower, but we are getting ready for the next bullish jump. This one will be a surprise and it will bring the entire market up. No excuses, no reason, just up.
Namaste.
€/$: Fractal Geometry (Cycle 2000-2022)🏛️ Research Notes
Research on order in chaos using scaling laws and math sequences found in nature.
Sierpinski triangle will be used as basic heatmap layer - orienteer for next buildups.
Cross-cycle interconnection 3 cycle knot
Considering the fact that structurally current price is in a new cycle, the core structure which is previous cycle can be extended with another layer that emphasizes phase of the cycle in its angle.
Extended Fibonacci Sierpinski Triangle should look like this:
NFP Volatility Ahead – Is the Dollar Ready to Break Higher?🟢 DXY Outlook – A Key Day for the Dollar Index
Yesterday’s monthly candle closed with strong bullish momentum, marking a powerful start to August. Today, on the first trading day of the month, we’re expecting three major U.S. economic releases:
NFP, Average Hourly Earnings (m/m), and the Unemployment Rate.
As discussed in last week’s outlook, DXY has successfully broken above the key 100 level and confirmed a monthly close above it — a significant technical development. With no major order blocks or visible resistance in the way, the path toward the 102 target appears technically clear.
That said, I anticipate mixed data from today’s releases — which means we could see both sides of liquidity being taken during the initial reaction. Price might dip toward lower zones temporarily to collect liquidity before resuming its bullish move toward 102.
📌 In summary:
From a swing perspective, I believe the direction remains bullish for the Dollar Index as long as we hold above the 100 level.
When I say the data might be “mixed,” I mean the market could show an initial drop toward lower zones at the time of release — not because of a reversal, but to grab liquidity before continuing higher toward the 102 target.
Unless we see something unexpectedly extreme in the numbers, I expect the DXY to remain on track to reach the 102 level in the coming days or next week.
🔁 This analysis will be updated whenever necessary.
Disclaimer: This is not financial advice. Just my personal opinion.
Gold in PRZ + TRZ: Is a Bullish Reversal Brewing(Short-term)?Gold , as I expected in yesterday's idea , fell to the Potential Reversal Zone(PRZ) and started to rise again .
Today's Gold analysis is on the 15-minute time frame and is considered short-term , so please pay attention .
Gold is currently trading in the Support zone($3,307-$3,275) and near the Potential Reversal Zone(PRZ) and Time Reversal Zone(TRZ) .
In terms of Elliott Wave theory , it seems that Gold can complete the microwave C of wave B at the lower line of the descending channel.
I expect Gold to trend higher in the coming hours and rise to at least $3,311 .
Note: Stop Loss (SL) = $3,267
Gold Analyze (XAUUSD), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
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ChainLink · Short-Term Correction (Retrace) · 2025 Bull MarketWe have evidence that ChainLink won't be moving much lower. There are mainly two reasons: 1) There aren't that many sellers and 2) we have strong support. We have an active support range between $14.5 and $15.95. This is the reversal point. Either current prices or this lower range which shows an intersection between two strong moving averages as well as Fib. retracement levels.
The rise between June and July has a stronger slope compared to the one before. The April-May rise was more spread out and so the correction lasts longer. The present one has a stronger slope, it is more steep, and thus a retrace will have a shorter duration because prices will continue growing.
Volume is extremely low on the drop and bearish momentum is not present. There can be one final flush reaching the levels mentioned above or lower on a wick and the market turns. The flush would make everything seen pretty bad and red but the truth is that this would be the end. When the major sell is in, the market turns around and moves the other way.
LINKUSDT is retracing within a bullish bias mid-term. Long-term growth is possible based on the bigger picture.
LINKUSDT is facing an intersection of multiple support zones, if these levels hold, we can see a resumption of the bullish move and prices grow. Each time a retrace is over, the bullish wave that follows will be many times stronger than the previous one until the bull market ends.
We are still looking at bottom prices. The best is yet to come.
Namaste.
GBPUSD Technical Overview GBPUSD Technical Overview
GBPUSD recently peaked at 1.3790, aligning with a key historical resistance zone from October 2021. On the Daily Chart, this move completed a significant bearish pattern, suggesting the potential for further downside.
Over the last 7 trading sessions, the pair has declined nearly 400 pips, moving decisively lower.
Given the steep drop, a technical correction may be on the horizon before GBPUSD potentially resumes its bearish trajectory, as indicated by the current chart setup.
If NFP data can be strong today, GBPUSD could extend to the first target 1.3100 or 1.3000 as shown in the chart.
Overall, GBPUSD looks like it has started a downtrend.
Let's see how the price will unfolds.
You may find more details in the chart!
Thank you and Good Luck!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.