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Gold failed to break through three times, short-term bearish? 💡Message Strategy Gold's decline today means the second consecutive day of decline as investors turn their attention to more positive trade developments since yesterday. However, gold still received buying support earlier this week and briefly broke through $3,400. This round of gains tested key resistance levels on the gold daily chart, but ultimately the bears held their ground. This is the third time in nearly three months that gold has tried to break through the $3,430 to $3,435 resistance area, but all failed. 📊Technical aspects Gold’s latest decline this week has brought the price back into a range-bound trading state between key hourly moving averages. This means that the short-term trend has become more neutral. This shows that the upward momentum has clearly weakened and buyers need to regain short-term dominance before they can hope to challenge the key resistance area mentioned earlier again. Currently, the 200 hourly moving average near $3,365 provides support to the downside. If the price can hold this level, it will indicate that buyers are still holding on and waiting for the next upside opportunity. Combined with the current 1H chart trend analysis, there is still a great chance of a bullish pullback in gold in the short term. 💰Strategy Package Long Position:3360-3365，SL：3340，Target: 3380-3400
OANDA:XAUUSDLong
by TheodoreSilas
Today's US market focus is 3350 Gold prices continued their decline from the previous session on Thursday, July 24, slipping further below the 3,400 mark as trade tensions eased and risk sentiment rose. Gold's decline today means a second consecutive day of decline as investors turned their attention to more positive trade progress since yesterday. However, gold still received buying support earlier this week, breaking through $3,400 at one point. This round of gains tested key resistance levels on the gold daily chart, but in the end the bears held their ground. Risk data interpretation! Investors are currently waiting for U.S. Purchasing Managers Index (PMI) data for new trading instructions. If any PMI index falls below 50.0, indicating a contraction in economic activity in related industries, the dollar may face pressure and help gold prices rise. The market will also pay close attention to developments surrounding the ongoing discord between U.S. President Trump and Federal Reserve Chairman Powell. The White House announced Trump's schedule, and Trump will visit the Federal Reserve at 4 p.m. Eastern Time on Thursday. Views on the trend of gold! The trend of gold is directly reversed from that of Monday and Tuesday this week. At the beginning of this week, gold rose slowly and continuously without giving a chance to retrace, while today it retreated continuously and did not give a rebound. Does it look familiar? The trend is bearish and I want to short but I can't do it. In fact, we are still bullish in the morning today, and the watershed is actually at the 3375 line. After the frequent breakouts in the European session, it means that the current bulls are suppressed again. And the K-line on the hourly line is more obvious. There is no positive line in the continuous negative retracement, so the weakness will continue. After all, the Asian session is weak today, and the European session is also continuously weak. The current market has reached the 3363 line, which is actually not far from our second support of 3350. So the US session needs to focus on this position. If the US session can hold, there is still hope for a rebound. Otherwise, it will fall continuously today! Gold: Long around 3350, defend 3340, and target the 3385-93 line
TVC:GOLDLong
by jiqeu1
1
ENA – Sub-40c Would Be a Gift If we get BINANCE:ENAUSDT below 40c, that would be an incredible opportunity. Maybe I’m being too greedy—or maybe not. I’ll let the market decide. Right now, ENA looks like a solid play for the coming weeks, so I’m focused on finding the best possible entry. MARKETSCOM:ETHEREUM still looks strong overall. Even with a minor retrace, I’m expecting higher—potentially up to $7k. So it makes sense to position in names like BINANCE:ENAUSDT , BINANCE:EIGENUSDT , BINANCE:AAVEUSDT , and others to ride the wave.
Long
by ZelfTrade
Awaiting entry, $TOSHIUSDT looks prime for a double top!Hard to gauge if we get a drop from here — but if we do, I’d love to see a ~20% flush into key support. Not counting on it just yet, but the chart is coiled and primed for either direction. A potential 2x setup is on deck, so this one needs to be closely monitored given where it currently sits. Two clear paths: Flush into demand (my preferred entry) Or a reclaim of the purple block to confirm continuation ⚠️ MEXC:TOSHIUSDT has strong technicals — keep it firmly on your watchlist.
Long
by ZelfTrade
2
USNAS100 - Tech Index Pulls Back After Testing 23,295USNAS100 | OVERVIEW The index came close to registering a new ATH at 23,295 before pulling back slightly. Today, it appears to be in a bearish correction phase toward 23,200 and 23,150, as long as the price trades below 23,270. Market sentiment may remain cautious, especially with no major earnings reports scheduled before the open, although Intel’s report after the close could have a notable impact. A 1H close above 23,290 would invalidate the correction and open the way toward 23,350 and 23,500. Key Levels: Support: 23,200 · 23,150 · 23,050 Resistance: 23,350 · 23,520
OANDA:NAS100USDShort
by SroshMayi
JUP / USDTBINANCE:JUPUSDT ### **📊 Chart Overview – JUPUSDT (4H):** * **Current Price:** \$0.5415 * **Recent Action:** Price dropped sharply from \$0.668 and is now testing a **key support zone around \$0.54 – \$0.55**. * **Key Supports:** * **\$0.545 – \$0.54 (current zone).** * **\$0.504 – \$0.50 (next support).** * **\$0.466 (major support).** * **Resistance Levels:** \$0.60 and \$0.668. --- ### **🔍 Technical Breakdown:** 1. **Trendline Resistance:** * A descending red trendline is currently capping upside movement. * Price needs to **break and close above \$0.57 – \$0.60** for bullish momentum. 2. **Bullish Scenario:** * If \$0.54 holds as strong support, we could see a **bounce towards \$0.60 – \$0.65**. 3. **Bearish Scenario:** * A breakdown below **\$0.54** might push the price down to **\$0.50** or even **\$0.466**. --- ### **📌 Summary:** JUP is at a **critical support**. The next 1–2 candles on the 4H chart will decide if it bounces or dips toward the \$0.50 level. --- ⚠️ **Disclaimer:** *This analysis is for informational and educational purposes only. It is not financial advice. Always do your own research (DYOR) and manage risk appropriately.*
Long
by Wolftrader1337
US30 Hits New All-Time High – What’s Next?US30 | OVERVIEW The price has printed a new all-time high, exactly reaching our target at 45,090, as previously anticipated. Today, we may see a correction toward 44,770 and 44,610. If the price stabilizes above these levels, another bullish leg is expected. On the upside, a break above 44,910 would confirm a bullish continuation toward 45,090 and 45,250. Key Levels: Support: 44,770 · 44,610 · 44,370 Resistance: 45,090 · 45,250 previous idea:
OANDA:US30USDShort
by SroshMayi
Double Down on Gold — Targeting 3400–3410!Obviously, gold did not give us the opportunity to short gold near 3440 today. In the process of its recent pullback, gold tested 3400 as expected, and after falling below 3400, it continued to fall to around 3385 as if it was planned by me. Although the lowest point had reached around 3381, it quickly rebounded above 3385. What is relatively regrettable today is that both of our plans to short gold ended in failure. The first time was when gold did not give us the opportunity to short near 3440. The second time was when we were preparing to short gold at 3400 and set the TP to 3385. However, we did not have time to create an order because the price fell too quickly, causing us to miss the gold short trade again. At present, I have a trading order to go long on gold near 3386. And I go long on gold with twice the usual trading volume. Why am I still optimistic about the rebound of gold in the short term after the gold price fell by nearly $60? Because the area around 3385 is the short-term bull-bear dividing line, although gold has fallen sharply, as long as it stays above the area around 3385, gold is still in a bullish trend as a whole, and the bullish structure has not been destroyed, so in the short term, gold still has a lot of room for rebound after the pullback. This is why I dare to use twice the usual trading volume to buy gold near 3386. However, because the current gold long and short continuity is not strong, and the market uncertainty is still increasing due to complex news, the gold market is prone to violent fluctuations in the short term, so we have to be more careful in trading. At present, I still hold a gold long position near 3386, and I hope that gold can continue to rebound to the target area: 3400-3410.
OANDA:XAUUSDLong
by Trading_Steffen
Long and short battles to seize the opportunity to enter the mar Yesterday, the technical aspect of gold formed a high and pierced the 3430 mark, then fell under pressure and fluctuated downward. The US market repeatedly fluctuated and suppressed the operation at the 3420 mark and further fell downward. The gold price accelerated downward to break through the 3400 mark and continued to fall back to around 3380 and then rebounded and closed in a volatile market. The daily K-line closed with a suppressed and adjusted mid-yin. After three consecutive trading days of rebound and upward breaking, the overall gold price finally ushered in a suppressed and adjusted closing in the negative. The daily level fell below the 5-day moving average support, but it was still above the 10-day moving average and the 20-day moving average to form a bullish strong oscillation pattern. The bullish upward pattern has not been destroyed. If your current trading is not ideal, I hope Yulia can make your investment smoother. Welcome to communicate! From the analysis of the 4-hour line, today's support is at 3376-80. If the daily line stabilizes above this position, it is expected to rebound further. The upper short-term resistance is at 3397-3400. If this position is touched for the first time during the day, short selling can be seen once the shock falls. The overall bullish strong dividing line is at 3370. If the daily line stabilizes above this position, the rhythm of falling back to low and long remains unchanged. Short selling can only enter the market at key points, and fast in and out without fighting. Gold operation strategy: Gold falls back to 3370-75 line to buy, stop loss 3360, target 3397-3400 line, break and continue to hold;
TVC:GOLDLong
by jiqeu1
Can Gold Regain Its Recent Highs or Does a Shakeout Loom?Gold has seen its price volatility increase across the first three trading days of this week. The initial move was a 3% spike higher from opening levels at 3339 on Monday, to a one month high of 3439 early on Wednesday morning, as traders sought out Gold as a safe haven hedge against renewed political attacks on the independence of the Federal Reserve and more specifically its Chairman, Jerome Powell. Then on Wednesday, the outlook for Gold changed again, almost instantaneously, and prices reversed their course, dropping 1.7% to touch a low of 3381 after President Trump announced a trade deal with Japan, which agreed tariffs of 15% on Japanese imports into the US, a number better than many traders and investors had anticipated. Taken alongside a Bloomberg report released on Wednesday afternoon suggesting a similar agreement could be reached with the EU using the Japan deal as a blueprint, and suddenly the need for Gold as a safe haven hedge didn’t seem quite so necessary. However, while Gold has traded as low as 3374 this morning, prices remain around 1% higher on the week (around 3380 at time of writing 0700 BST), supported on dips by an on-going theme of dollar weakness, which has continued as risk sentiment has shifted to a more positive stance. The challenge for traders is to determine whether this will remain the case into the weekend. Looking forward, President Trump still needs to agree any trade deal negotiated with the EU, which could be a stumbling block keeping Gold volatility elevated, as could updates on the strength of the US economy when the Preliminary PMI Surveys for July are released later today at 1445 BST. Any print below 50 = economic contraction, while any print above 50 = economic expansion, and the direction of service activity in the US economy may be what draws the most headlines, especially if it moves back to the downside. The failure of Gold ahead of the June high at 3451 may also be potentially important from a technical perspective and this is discussed further below. Technical Update: 3451 June Highs In Focus Having previously encountered selling pressure leading to price weakness after being capped at the June 16th high of 3451, this level remains a potential resistance focus for traders. These themes may also have been strengthened after Wednesday’s failure below this level (the session high was 3439), which has prompted the latest downside price activity, as the chart below shows. This activity may see traders question the sustainability of the recent price strength, even looking for fresh price declines. With this in mind, let’s consider what support or resistance levels could be monitored to help establish the direction of the next possible price move. Possible Support Levels: The first support level if price declines are seen over the balance of the week may be marked by 3343, which is equal to the Bollinger mid-average. Closing breaks under the 3343 support, while not a guarantee of a more extended phase of price weakness, might then open potential for a move towards 3246, the June 30th session low. Possible Resistance Levels: As we have suggested, it’s possible the 3451 June 16th session high represents the first resistance focus for traders, if attempts at price strength are again seen. However, closing breaks above 3451 may be required to suggest the potential of a more extended phase of price strength to challenge the 3500 April 22nd all-time high and possibly further if this is broken on a closing basis. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:XAUUSD
by Pepperstone
ETHUSD, XRPUSD - BEARISH DIVERGENCE SUCCESSFULLY WORKED OUT ETHUSD, XRPUSD - BEARISH DIVERGENCE SUCCESSFULLY WORKED OUT On these 2 graphs you may observe ethereum and ripple declining after strong bearish divergence showed up on both of these instruments. Here, the bearish divergence proved to be a success. In both cases the price has almost reached first targets: 3,500.00 for ETHUSD and 3.00000 for XRPUSD. What will be next? It looks like downwards correction still persists and we may observe some deeper than now decline with possible targets of 3,000.00 for the ETHUSD and 2.60000 for the XRPUSD.
COINBASE:ETHUSD
by ProfessorSingapore
EURAUD: Rebound to 1.798 is high probabilityI am watching for a reversal here EURAUD as marked on my chart, expecting a rejection with a upside target at around 1.798. This are is where it can become a decision point, either price finds support and bounces, or it breaks below, and that’s when we might see the move start to extend lower. If we get a decisive move upside, my next area of interest is marked as T2. From there we can expect either potential accumulation or another reaction, depending on broader market sentiment at the time. Just sharing my thoughts for the charts, this isn’t financial advice. Always confirm your setups and manage your risk properly. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TrendDiva
32
EURUSD IS ON ITS WAY TO LOCAL HIGHSEURUSD IS ON ITS WAY TO LOCAL HIGHS EURUSD successfully rebounded from local support of 1.16000 and since then continues to rise towards local resistance of 1.18300. Recently the price has started to show the bearish divergence on RSI and Macd indicators. MACD went into the red zone. What is the bearish divergence? Bearish divergence is a technical analysis pattern where the price makes higher highs in an uptrend, but a momentum indicator (e.g., RSI, MACD) forms lower highs, signaling weakening bullish momentum and a potential downward reversal. To trade, identify the divergence in a clear uptrend with the indicator showing lower highs (e.g., RSI above 70). Sell or short when the price confirms a reversal (e.g., breaks below a support level or trendline) with increased volume. Set a stop-loss above the recent high. Target the next support level. Generally speaking, it doesn't necessarily mean that EURUSD will drop immediately, the price may even grow a bit. However, it highlights some short opportunities.
by ProfessorSingapore
BTCUSD – Bulls Still in Control After New ATH 🔸 After the new All-Time High printed 10 days ago, Bitcoin entered a consolidation phase. So far, the market looks healthy and seems to be waiting for a trigger to continue the uptrend. 🔸 A clear support zone has formed around 116k, and as long as this level holds, bulls remain in full control of the market. 📉 For short-term traders and speculators: Buying dips near 117.5k could offer solid risk/reward setups, with a target around 125k in case of a breakout. Let’s see if the market gives us the trigger we’re waiting for. 🚀
BITSTAMP:BTCUSDLong
by Mihai_Iacob
GOLD (XAUUSD): Important Demand Zone Ahead Gold is currently retracing from a key daily horizontal resistance. Here are important structures to watch. Horizontal Structures Support 1: 3350 - 3377 area Support 2: 3310 - 3324 area Support 3: 3282 - 3301 area Support 4: 3245 - 3374 area Resistance 1: 3431 - 3451 area Resistance 2: 3493 - 3500 area Vertical Structures Vertical Support 1: rising trend line Vertical and Horizontal Supports 1 compose a contracting demand zone. Probabilities are high the price will pull back from that. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
13
Correction is not bearish, buy on rebound at low levelToday is critical. Yesterday, gold fell under the pressure of 3396. The next 3396 area is very critical, and it will be relatively weak below it. If it goes up, the market rebound will expand. Pay attention to 3405 or 3420 area, with the focus on 3420. As long as it is below here, it will be mainly bearish. Breaking through 3420, the market is expected to continue to rise and break yesterday's high to test the 3450 area, and then seek to fall again. On the downside, pay proper attention to the 3380 area, which is short-term support; the focus is on the 3370~3365 area, which is the next bull-bear watershed. The daily line fell yesterday and included the previous day's big positive rise, which represents the current high-level fluctuation of the price. At present, we need to pay attention to the lower moving average support corresponding to SMA10 at 3367, while the moving average SMA30 is around 3351-53, the middle track is at 3344, and the moving average SMA60 is at 3330. From the daily level: today's decline will not fall below 3351-53, and it is likely to be around 3367-70. We have the opportunity to participate in long orders near 3370. Therefore, if the price touches 3370-3365 for the first time during the day, you can consider going long, with the target at 3390-3400; if the downward trend of gold continues during the day, you can go long again at 3355-3353, defend 3345, and exit the market after earning a difference of $10-20. OANDA:XAUUSD
OANDA:XAUUSDLong
by HuntingWolves
Gold fell as expected, can it reverse?📰 News information： 1. Initial unemployment claims data 📈 Technical Analysis： Gold has made a profit retracement correction as expected. The two-day rising market has led to an overly bullish sentiment in the market. Under this pattern, it is very easy to trigger an unexpected reversal trend, which is often a key opportunity to break the psychological defense line of retail investors in the market. From the bottom of gold at 3244 to the high of 3439 this week, it can be found that the current 38.2% support position is near 3364. Moreover, the current daily SMA10 moving average position is also near 3364, SMA30 and the middle track of the Bollinger Band are near 3343, and SMA60 is near 3330. From the daily line, if the daily line can stand above 3364, then there is still a possibility of refreshing the high of 3438 in the future. On the other hand, if the daily line falls below 3364, then 3438 may become the high point in July. If there is a rebound in the morning, then 3384 in the white session will be the bottom support, and short positions must be participated in the European and American sessions. If the downward trend continues in the morning, there will be an opportunity to participate in long orders around 3370. At the same time, the possibility of further decline and reaching the middle line of 3343 cannot be ruled out. At the same time, if the 4H chart can form a head and shoulders top pattern, then the intraday long rebound point will not exceed 3410. Therefore, on the whole, if it falls directly, it can be considered to go long when it first touches 3375-3365, and the target is 3390-3400; if the intraday decline is strong, the second trading opportunity is below 3355-3345, and the target is $10-20 before exiting. 🎯 Trading Points： BUY 3375-3365 TP 3390-3400 In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
OANDA:XAUUSDLong
by Allenbrowser-3