GOLD → Consolidation ahead of news. Retest of resistanceFX:XAUUSD remained above the key support level of 3280 and is testing intermediate resistance. Against the backdrop of the dollar's decline, the metal has a chance to continue its growth...
Gold is trading in consolidation ahead of the Fed meeting minutes. Easing trade risks and the dollar's recovery triggered a correction from the recent peak of $3366. Against the backdrop of the dollar's correction, the metal is entering a phase of local rally and testing resistance at 0.5f
The Fed is maintaining a cautious tone, and the market is waiting for signals on interest rates. The escalation of the conflict in Ukraine and the threat of new sanctions from Trump did not cause significant concern in the markets. Investors are waiting for drivers
Resistance levels: 3322, 3348, 3363
Support levels: 3290, 3282, 3265
A small correction may form from 3322 before growth continues. The market is interested in liquidity in the 3348-3363 zone, and the price is likely to test this zone. However, further developments depend on the fundamental background. Rising economic risks or hints of interest rate cuts could support the price of gold.
Best regards, R. Linda!
Trend Lines
Gold trading direction remains bullish
Gold prices fell under pressure, breaking through 3,300 points during the session and eventually closing at a low level. The lack of fundamental support and the rise in US assets eventually caused gold prices to fall back, and are still in a falling stage.
At the beginning of this week, we made it clear that we would not enter the market at a high level to chase the rise. Gold prices are facing important technical suppression. Falling back may be inevitable, but it is also normal. Only by falling back can we expand the space for rising prices. The upward trend will not be changed during the adjustment. Under this development background, the next trading path is clear.
At the beginning of the week, although the US dollar rebounded, it is still unknown whether it can continue!
After the 20-year US Treasury auction last week was cold, this week will usher in the 5-year and 7-year Treasury auctions. If it is cold again, the market will only increase its distrust of the entire US assets. If so, it will theoretically be good for gold prices.
On Thursday, the market will welcome the minutes of the Federal Reserve's May monetary policy meeting, followed by speeches by several Federal Reserve officials. What will be the final tone? It is difficult to make predictions and affirmations now, and the market needs to observe inflation from this meeting and speech most, so as to clarify expectations on whether the Federal Reserve will cut interest rates or not, which requires special attention.
5.29 Federal Reserve Meeting Minutes
Whether the gold price retreats or fluctuates, it will not change the upward trend. This is a point we have made clear many times, but it should be noted that it is different from last year.
This year's rise is unlikely to rise from the beginning of the year to the end of the year like last year. This year's rise must go through multiple cycles and large space back and forth, especially leveraged transactions. Positions must be controlled and risks must be strictly controlled. Those who are not leveraged only need to wait patiently and use time to exchange space.
Yesterday, the price of gold retreated as expected, falling below 3,300 points during the session. After reaching the effective support level, it rebounded, but the strength was not strong and the space was not large. The final price was not high. From today to now, there has not been a strong rebound, and even if there is, it is difficult to sustain.
As of today, Wednesday, the decline in gold prices has not yet ended completely. The support tested yesterday is expected to be tested again, or even broken. From a technical point of view, there is still a lot of room for expansion below, but the trend of gold prices is not completely determined by a single technical aspect. It must be combined with fundamental information to make a comprehensive judgment.
In short, the upward trend of gold prices has not changed. In the stage of retracement and adjustment, it is necessary to control the rhythm of long and short changes. If it can retrace and lower the price, there will be more room for the next rise.
$145 Stop, $262 Target — SOL Bullish Breakout Looks UnstoppableThe chart presents a clean bullish reversal from the previous downtrend observed between February and early April. After breaking the long-term descending trendline, Solana (SOL) flipped structure and has been printing higher highs and higher lows, signaling a transition into an uptrend.
This is reinforced by the ascending blue trendline that currently acts as a dynamic support. Each price correction respects this trendline, showing that buyers are defending higher levels.
✅ Key Technical Justifications for Bullish Bias
1. Break of Downtrend
The long-term descending trendline from the February highs was broken decisively.
This signifies a trend reversal, which has since seen SOL push into a new bullish channel.
2. Strong Higher Lows
Price has been consistently making higher lows, respecting the blue uptrend line.
This price behavior confirms increasing bullish momentum.
3. Support Level Holding
The horizontal support around $96.59 was respected during the reversal.
This base forms the foundation of the bullish wave we’re seeing now.
4. Bullish Price Compression
After a strong impulsive rally, SOL has entered a consolidation just above the trendline.
This resembles a bullish flag or pennant, typically a continuation pattern.
5. No Major Resistance Until $260+
The nearest strong resistance sits around $262.56, which aligns with a previous breakdown zone and coincides with your take-profit (TP) zone.
With no serious resistance in the $200–$250 range, price can climb smoothly once bullish continuation triggers.
📊 Trade Setup (Long Position)
• Entry: Around $174.30 (current market zone as per chart)
• Stop Loss (SL): $145.00 (Below recent swing low and dynamic support — gives the trade breathing room)
• Take Profit (TP): $262.56 (Aligned with horizontal resistance and measured move target)
Risk-to-Reward Ratio: 2.91
Potential Reward: +50%
Potential Risk: -17%
This trade setup is not only favorable from a risk/reward standpoint but also follows price structure, trend, and technical confirmation.
🧠 Final Thoughts
Solana (SOL) on the daily chart has shifted into a clearly bullish phase after a textbook breakout from its multi-month downtrend. The current setup shows a healthy trend structure, room for price expansion, and favorable technicals across the board. The next key breakout will likely occur above $180, and that can send SOL quickly into the $240–$260 range. If you're looking to ride a swing position into Q2-Q3, this is one of the cleaner long setups currently on major altcoins.
Technical Analysis: XAU/USD (Gold) Price Action📊 Technical Analysis: XAU/USD (Gold) Price Action
🕒 Timeframe: 4H (Based on candlestick structure)
📅 Published: May 27, 2025
💰 Current Price: 3,303.860
🔴 Major Resistance Zone
📍 3,480 – 3,500
📌 Seen with red arrows and price rejections.
📉 Strong selling pressure has occurred twice from this level (double top-like behavior).
❗ Until price breaks above this, bulls face a major hurdle.
🟣 Key Mid-Level Zone (S/R Flip)
📍 3,340 – 3,360
🔄 This area has flipped between support and resistance.
🔸 Price tested this level recently and pulled back (orange circle), suggesting sellers are active.
🔮 This is the pivot zone – watch for break/rejection to determine next trend leg.
🟪 Main Support Zone
📍 3,180 – 3,220
✅ Multiple bounce reactions visible (green arrows and circles).
💪 This zone has held strong; indicates solid buyer interest.
📉 If price returns here and breaks below, we could see further downside to 3,120 or lower.
🧭 Market Structure Summary
🔁 The market is in a range-bound structure between 3,220 – 3,360, with spikes towards 3,480.
🔃 The recent higher low followed by rejection at mid-resistance suggests potential distribution.
🧠 Forecast Scenarios
🔵 Bullish Scenario (Blue Path)
Break above 3,360 → Retest as support → 📈 Potential rally to 3,480
📍 Target: 3,480+
🟢 Confirmation: Strong bullish engulfing candle + volume surge
🔻 Bearish Scenario (Blue-Arrow + Orange Circle)
Rejection at current resistance → Drop toward 3,220
📍 Target: Main Support zone
❗ Watch for bearish candle pattern confirmation at 3,340
⚖️ Trading Strategy Tips
🔍 Wait for confirmation at the mid-resistance before entering.
🛡️ Place stops below support zones for long positions.
💥 Aggressive short sellers may look to enter near 3,340 with tight stops above.
🧩 Conclusion
The asset is in a critical decision zone. Whether it breaks higher toward the resistance or retraces to support will shape the next directional move. Traders should remain cautious, and let price action confirm bias before committing.
EURJPY → False breakout of resistance. Reversal?FX:EURJPY is testing the resistance of the trading range as part of a distribution movement, but the situation ends with a false breakout and price consolidation within the flat.
Against the backdrop of the falling dollar, the Japanese yen is strengthening and thus exerting a corresponding influence on the currency pair. EURJPY is forming a false breakout of resistance within a distribution movement formed after a retest the support of the flat. The price returns to the channel. After a false breakout of resistance and a return of the price below a strong key level, a base is forming in the form of support at 163.2 (trigger).
Resistance levels: 163.4, 163.6
Support levels: 163.2, 162.7
A breakdown of the 163.2 trigger and price consolidation below the key level could intensify the sell-off, triggering a further decline.
Best regards, R. Linda!
Trading Signals for GOLD Sell below $3,307 (6/8 Murray-21 SMA)Early in the American session, gold is trading around 3312, rebounding after reaching the bottom of the uptrend channel formed on may 14, above the 6/8 Murray level, and below the 21st SMA.
Gold made a sharp technical correction during the European session and is now consolidating above the 6/8 Murray level, suggesting a possible technical rebound in the coming hours, potentially reaching 3,327.
On the other hand, if gold maintains bullish momentum, the price could break above resistance at 3,330, and then we could expect a new bullish sequence, potentially reaching 3,437, the 8/8 Murray level.
If bearish momentum intensifies, we should expect confirmation of a sharp break below the 6/8 Murray level and consolidation below this area on the H4 chart.
Then, the outlook could be negative, and gold could quickly reach the 200 EMA around 3,251, or even reach the 5/8 Murray line around 3,203.
Gold left a gap around 3,198. Gold could close this gap if falls below the 6/8 Murray line, and it could even reach the psychological level of 3,125, which coincides with the 4/8 Murray line.
Trade Setup – May 28, 2025After reviewing today’s price action, I realized I missed the bigger move earlier due to lack of focus. The big setup was there — but we took the small one, and luckily it still gave a nice retest entry. ✅
Now here’s the main idea:
🔹 Price is approaching a major supply zone around 3320–3323 (marked with 💰).
🔹 This level lines up with:
- Asia session high
- A clean internal liquidity pocket
- Trendline resistance and minor FVG
🧠 Plan: I’ll be watching for a liquidity sweep above 3320, then look for bearish confirmation (like rejection or engulfing). If it reacts, I’m in for the short.
🎯 Targeting a drop toward the 3290–3295 zone
🛑 SL above the sweep (tight and efficient risk)
Let’s see how it plays out — execution depends on how price behaves at the zone.
XAUUSD Bearish setup trade for coming weekThis chart outlines a bearish trading setup for gold (XAU/USD) after a strong rally toward resistance. Here's a breakdown of the setup and what to watch:
📉 Bearish Setup Explained
: Price recently tested the resistance at $3,370 and showed signs of rejection.
: A correction move is projected with targets set at:
: TP1: $3,300–$3,310 (first support/test zone)
: TP2: $3,250 (deeper support zone)
⚠️Breakout Condition:
The note says:
> The market will range in this area; if it breaks $3,300, we can consider more bearish move.
> This implies that $3,300 is a critical level — a close below this confirms further downside momentum.
🔍 Key Zones
: Resistance Zone: $3,370
: Sell TP1 Zone: $3,300–$3,310
: Key Breakdown Area: $3,300
: Sell TP2: $3,250
: Major Support Below: Around $3,200–$3,210
🔄 Range Possibility
> If the price doesn't break $3,300 decisively, expect sideways movement between $3,310–$3,330.
> Only a clear break and retest below $3,300 should trigger continuation toward $3,250 and potentially to $3,210–$3,200 support.
AUDUSD InsightHello to all our subscribers!
Please share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- U.S. President Trump stated that “he received reports that the EU has reached out to quickly schedule talks,” calling it “a positive development.”
- The Japanese yen strengthened as speculation grows that the Ministry of Finance may reduce the issuance of long-term government bonds.
- The U.S. CB Consumer Confidence Index came in at 98, significantly beating market expectations of 87.1.
Major Economic Events This Week
+ May 28: FOMC Meeting Minutes
+ May 29: U.S. Q1 GDP
+ May 30: U.S. April Core PCE Price Index
AUDUSD Chart Analysis
The pair is currently showing limited movement between the 0.64000–0.65000 range, suggesting a wait-and-see market stance. However, as higher lows are being formed, a potential upward trend appears likely. The projected resistance level is around 0.69000. Unless the price breaks below the support line at 0.63000, we will continue to view the outlook as bullish.
Woolworths Group Ltd Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Woolworths Group Ltd Stock Quote
- Double Formation
* (A+ Set Up)) - *14% Settings Condition | Completed Survey
* Wave Feature - *ABC Entry & Retest | Subdivision 1
- Triple Formation
* (Anchored VWAP)) - *Upper Band #1 | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Indexed To 100
- Position On A 1.5RR
* Stop Loss At 102.00 AUD
* Entry At 99.00 AUD
* Take Profit At 94.00 AUD
* (Ranging Argument)) & No Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Bull Flag Forming on ETH/BTC – Altcoins About to Explode?$ETH/BTC just broke a key resistance line and is now forming a bullish flag — this is big for altcoins.
Why? Because when ETH starts gaining strength against BTC, it often signals the beginning of an altcoin rotation. Ethereum usually leads the pack — and when its BTC pair is bullish, altcoins tend to follow with strong momentum.
The breakout followed by a bull flag consolidation suggests continuation is likely. If ETH/BTC pushes higher from here, we could see capital flow from Bitcoin into altcoins, igniting the next leg of altseason.
Altcoins may be gearing up — stay sharp.
PEPE/USDT Potential UpsidesHey Traders, in today's trading session we are monitoring PEPE/USDT for a buying opportunity around 0.00001360 zone, PEPE/USDT is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.00001360 support and resistance area.
Trade safe, Joe.
Long Signal Trend lines are used in many ways by traders. If a stock price is moving between support and resistance trend lines, then a basic investment strategy commonly used by traders, is to buy a stock at support and sell at resistance, then short at resistance and cover the short at support. The logic behind this, is that when the price returns to an existing principal trend line it may be an opportunity to open new positions in the direction of the trend, in the belief that the trend line will hold and the trend will continue further.
I like, not love, META on a quick flip - long at 640.34As a short term mean reversion trader, I don't like charts that go straight up. Since late April, that's what META has done. With just a small pullback from its recent highs, this is a spot where if the trade works, it should work quickly, playing off the stock's recent momentum. But if it doesn't pay off quickly, the risk is that I'm getting in near the top of a 35% run in under a month and those trades typically take a LONG time to pay off when that happens. So more so than usual, I'd suggest spectating on this one.
When my biggest reason for taking the trade is that there just weren't any other options today, that's not a position I like to be in. That said, META has some things going for it.
1) momentum. the same momo that scares me would have scared me half of this run ago.
2) it hasn't yet closed below the trendline in place since the beginning of this run.
3) it bounced off of support today from the March 25 intermediate high.
4) it's trading above its 200d MA - always a good thing.
5) the signal has been nearly infallible to this point. it has produced a 91%+ win rate (1.8 profit factor) on 373 trades since last June that I've posted on here.
All of that is great, but I won't stop being nervous about this one until the trade is closed. This will definitely be a FPC exit on this one.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Are we seeing UTAD on BTC?Bitcoin has been in ana scending channel for a while but ever since the new all time high, some things make me doubt we see a continuation of the bull trend in the near term.
-Volume has been declining the entire length of the channel
-We saw a bump in volume but the effort didn't match. A lower volume red candle had the same impact on price.
-The new all time high resulted in a third touch of bearish divergence on the MACD. Also the MA's are showing bearishness.
-The RSI fell below the EMA and is now looking like it's resisting breaking through.
We are clearly in a supply zone and all signs point to absorption and distribution taking place.
104k is the next level that will offer any significant support.
BTC/USD Rebound in Play! | Key Support Holding, Eyes on $112K📊 BTC/USD Technical Analysis
🗓️ Chart Date: May 25, 2025
🔍 Key Levels:
🔵 Support Zone: $106,800 – $107,300
Notably, price bounced twice in this region, indicating strong buying interest.
This area aligns closely with the 200 EMA (currently at $107,213.51), adding further confluence as dynamic support.
🔴 Resistance Zone: $111,800 – $112,300
Previous highs and consolidation make this a significant area where sellers may re-enter the market.
📈 Indicators:
🔵 EMA 200 (Blue): $107,213.51
Acts as a strong dynamic support; price bounced off it recently.
🔴 EMA 50 (Red): $108,182.91
Price is currently below the 50 EMA, suggesting short-term bearish pressure remains until this level is reclaimed.
🧠 Market Structure & Price Action:
After a sharp drop from the resistance zone, price found solid footing at the support zone.
Recent candles show rejection wicks from the downside, hinting at potential bullish reversal.
A breakout above minor consolidation and 50 EMA could trigger a bullish continuation toward the resistance.
📌 Forecast:
✅ If the price holds above the support zone and breaks above $108,200, we can expect a bullish move toward $112,000.
⚠️ However, a failure to break above the 50 EMA could lead to a retest of the support zone.
🧭 Trade Idea (Not Financial Advice):
📥 Long Bias:
Entry: On confirmed breakout above $108,200
SL: Below $107,000
TP: $111,800 – $112,300
📌 Conclusion:
The chart setup suggests a potential bullish reversal 📈 from a key support zone, supported by EMA 200. Watch for a break above the 50 EMA for momentum confirmation.
🧠 Always confirm with volume and wait for confirmation before entering a position.
EUR/CHF Technical Outlook – Potential Bullish Reversal Setup📈 Pair: EUR/CHF
📆 Date: May 27, 2025
📊 Timeframe: Daily (D1)
📌 Technical Highlights:
🔹 Current Price: 0.93456
🔹 Key Indicators:
50 EMA (Red): 0.93824
200 EMA (Blue): 0.94342
🧠 Chart Analysis:
🔻 Downtrend Resistance Line: A clear descending trendline is pressing price lower, reinforcing a bearish structure since March.
🟣 Reversal Zone (Support Area):
Price is currently hovering just above the marked Reversal Point, a demand zone between 0.93000–0.93400. Historically, this zone has acted as a launch pad for upward momentum.
🟪 Resistance Level:
Located around 0.94300–0.94600, this zone is reinforced by the 200 EMA, making it a critical breakout area. A strong bullish close above this region could invalidate the downtrend.
🔄 Two Scenarios to Watch:
✅ Bullish Breakout Scenario:
Price may bounce from the reversal zone.
A break and retest above the resistance level could lead to bullish continuation toward 0.9500–0.9550.
Confirmation above the 200 EMA will add confidence to the breakout.
📈 Potential Buy Entry: On breakout and retest of 0.9450
🎯 Target: 0.9550
🛡️ Stop Loss: Below 0.9320
❌ Bearish Continuation Scenario:
If price fails to hold above the reversal point, sellers may regain control.
A breakdown below 0.9300 could trigger further downside toward 0.9200 or lower.
📉 Sell Setup Invalid Until: Price closes below 0.9300 on strong volume.
🧭 Conclusion:
This chart suggests a critical decision point for EUR/CHF. A bounce from the reversal zone followed by a confirmed break above resistance could signal the start of a medium-term uptrend. Traders should monitor price action closely for confirmation signals near the trendline and EMA zones.
🚦 Bias: Neutral to Bullish, awaiting confirmation
🧠 Tip: Watch for candlestick patterns (like bullish engulfing or pin bars) near the support zone for early entries.