Crude Oil: Buying Pressure StrengthensFenzoFx—Crude Oil maintained its bullish trend with an ideal dip for entry on July 25. Stochastic and RSI 14 indicate overbought conditions, suggesting intensified buying pressure. A breakout seen yesterday reinforces the bullish bias.
Our projection remains optimistic, targeting a move toward the Fair Value Gap zone, extending to $73.8. However, if Oil closes below the $69.3 support, the bullish outlook will be invalidated.
Futures market
XAU/USD Analysis – Critical Breakout Zone Approaching 30M Chart📈 XAU/USD Analysis – Critical Breakout Zone Approaching (30-Minute Chart)
🔍 Technical Overview:
Chart Type: 30-minutes
Indicators: Ichimoku Cloud
Key Structures: Supply & Demand Zones, CHoCH, BOS, Trendlines, Triangle Formation
🔑 Key Market Observations:
🟢 Demand Zone (Support) ~ $3,300 – $3,310
This area has been tested multiple times and has shown strength in absorbing selling pressure.
A bullish triangle formation is converging into this zone, suggesting a potential breakout point is near.
🔴 Supply Zone (Resistance) ~ $3,375 – $3,390
Repeated price rejection from this zone marks it as a strong institutional-level resistance.
Price needs a clean breakout and volume confirmation to push through this level.
📉 Break of Structure (BOS) & Change of Character (CHoCH):
BOS and CHoCH levels are clearly marked, showing a trend shift from bullish to bearish (post-supply test).
The last CHoCH aligns with a lower high, reinforcing bearish dominance unless invalidated.
📐 Symmetrical Triangle Formation:
Price is squeezing between higher lows and lower highs, coiling before a significant breakout.
Two scenarios are outlined:
Bullish Breakout: Clear move above triangle resistance → test of supply.
Bearish Breakout: Breakdown → revisit demand zone or even drop toward $3,280–$3,270.
☁️ Ichimoku Cloud:
Price is currently testing the lower boundary of the Ichimoku cloud.
A bullish breakout into/above the cloud may act as confirmation of a reversal attempt.
💡 Potential Trade Setups:
✅ Bullish Case:
Trigger: Break and close above $3,335 with volume.
Target 1: $3,375 (Supply Zone)
Target 2: $3,440 (Extended Target)
Invalidation: Rejection from triangle top and close below $3,310.
❌ Bearish Case:
Trigger: Break and close below $3,310 (triangle breakdown).
Target 1: $3,280
Target 2: $3,260
Invalidation: Bullish breakout of triangle and flip of previous CHoCH level.
GOLD Will Go Higher From Support! Buy!
Here is our detailed technical review for GOLD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 3,311.57.
Taking into consideration the structure & trend analysis, I believe that the market will reach 3,369.04 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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GOLD Will Move Lower! Sell!
Here is our detailed technical review for GOLD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 3,337.68.
Taking into consideration the structure & trend analysis, I believe that the market will reach 3,280.02 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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DeGRAM | GOLD reached the $3300 level📊 Technical Analysis
● XAUUSD remains capped below a broken trendline retest near 3,355, while price forms a lower-high inside a descending channel.
● The repeated rejection of the 3,357.83 resistance level, coupled with failed bullish continuation, points to renewed downside toward 3,300 and 3,262.
💡 Fundamental Analysis
● A rebound in the DXY after strong US consumer sentiment and pending home sales adds pressure to gold, reaffirming real-yield strength.
● Traders are reducing long exposure ahead of upcoming NFP data and Powell’s next statement, shifting bias away from risk hedges.
✨ Summary
Short bias below 3,355. Break under 3,320 eyes 3,300 → 3,262. Key breakdown risk if lower trendline fails.
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USOIL IS GOING BULLISH. FOR HOW LONG?USOIL IS GOING BULLISH. FOR HOW LONG?
Brent has started this week with a strong bullish momentum and holds near 6-week high on supply fears. President Trump announced plans to impose tariffs on Indian exports and penalize its Russian oil imports. In a parallel move, the US introduced its most extensive sanctions on Iran in seven years. The United States has even offered its oil to the world in exchange for Iranian and Russian oil, but there is evidence that the US production capacity is now at historic highs and is unlikely to grow in the near future.
However, technically oil shows us bearish divergence on RSI and bearish wedge here. The price may reverse towards 6,900.00 as a first target. EIA data showed US crude inventories jumped by 7.7 million barrels last week—the largest increase in six months and defying forecasts for a decline. Market participants are waiting for the OPEC+ meeting this week, expecting a significant output hike.
XAU/USD Intraday Plan | Support & Resistance to WatchGold staged a minor recovery overnight after bouncing from the 3,267 Support Zone, and is now trading around 3,305. Price remains below both the 50MA and 200MA, which continue to slope downward—confirming short-term bearish structure.
This current move is still corrective unless bulls manage to reclaim the 3,309–3,334 resistance zone. A clean break and hold above 3,334 would be the first sign of strength, opening up potential retests of 3,348 and 3,362.
Until then, any rallies into the 3,309–3,334 zone should be viewed with caution. If the bounce loses steam, watch for a retest of 3,289 - 3,267. A break below that would expose the 3,241 and 3,208 levels, with the HTF Support Zone (3,241–3,208) acting as a broader downside cushion.
📌 Key Levels to Watch
Resistance:
‣ 3,309
‣ 3,334
‣ 3,348
‣ 3,362
Support:
‣ 3,289
‣ 3,267
‣ 3,241
‣ 3,208
🔍 Fundamental Focus – Thursday, July 31
Big day for data.
🟥 Core PCE, Employment Cost Index, and Unemployment Claims — all critical for Fed outlook and could move gold sharply.
⚠️ Volatility expected around 2:30pm. Stay nimble and manage risk carefully.
XAUUSD Analysis : Channel Break, Demand Zone + SR - Interchange"High-Probability Zone Reaction & SR Flip Confirmation"
Gold (XAUUSD) is currently reacting from a significant support zone after completing a bearish breakout from a well-established ascending channel. The market structure indicates both threat and opportunity depending on how price behaves around key levels ahead.
🔍 Structure Breakdown & Price Behavior:
🔹 1. Rising Channel Violation
Over the past few weeks, price was comfortably moving inside a well-respected ascending channel, making higher highs and higher lows.
Recently, however, price broke below the lower boundary, which is often a bearish signal—indicating a possible trend reversal or a deeper correction phase.
Such breakdowns suggest buyers are losing control, and bearish sentiment is gaining strength.
🔹 2. Supply Zone Reaction & Drop
Before the breakout, we observed a sharp rejection from a high point, triggering a sell-off.
The price completed its move into a previously defined supply zone, resulting in a strong bearish impulsive leg that pushed it outside the channel.
This move shows clear institutional distribution—where large sellers unloaded positions around that zone.
📍 Key Zone Focus:
🟩 Previous Reversal / Demand Zone (Green Box)
Price is now sitting in a historically strong demand zone, which acted as a major reversal point in the past.
This area is marked as the first zone of interest where buyers might step back in to defend.
The green box represents a liquidity pocket where institutions previously accumulated positions—hence it’s a strong bounce candidate.
🟦 SR Interchange Zone (Blue Box)
The next major level above current price is the SR Interchange zone, around 3,320–3,340.
This level was previously broken and now acts as resistance.
It's crucial because it represents the battle zone where the market will decide whether to continue bearish or shift back bullish.
🧠 Market Psychology & Order Flow Insight:
The recent aggressive selling pressure from the highs, followed by a bounce from the demand zone, shows a shift from euphoria to fear.
Sellers are active at supply, while buyers are attempting to defend the previous demand.
The market is currently in decision mode—and the SR flip zone (3,320–3,340) will be the judge.
A break and retest above this level signals strength and potential for a trend resumption.
A failure to reclaim it would confirm bearish dominance and open doors for deeper targets.
🔄 Possible Scenarios Ahead:
📈 Scenario 1 – Bullish Rejection & Breakout:
If buyers successfully hold the 3,280–3,260 demand zone and push price above the SR Interchange zone, we can expect:
📍 Target 1: 3,360 (mid-term resistance)
📍 Target 2: 3,400–3,420 (previous high & upper trendline)
This would confirm a fakeout from the channel and a bullish continuation pattern.
📉 Scenario 2 – Failure at Resistance & Drop Continuation:
If price fails to reclaim the interchange zone, expect a retest of the green demand, followed by a potential drop toward:
📍 3,260 – local support
📍 3,240 – major support (unfilled demand below)
📍 3,220–3,200 – ultimate downside target
This would solidify a bearish market structure, confirming the sellers are in control.
🧭 Key Levels To Watch:
Level Type Price Range Significance
Supply Zone ~3,400–3,420 Major institutional selling area
SR Interchange (Blue) ~3,320–3,340 Critical resistance / flip zone
Current Price ~3,297 Watching reaction for momentum shift
Demand Zone (Green) ~3,280–3,260 Key support / bounce zone
Major Demand Pending ~3,240–3,220 Next support level if drop continues
✅ Conclusion:
Gold is at a critical inflection point.
The recent bearish breakout signals weakness, but the current support zone may provide a short-term bullish setup if buyers defend it effectively. A successful reclaim of the SR flip zone will shift sentiment bullish again. Otherwise, a deeper correction is likely.
This setup is ideal for both swing and intraday traders—look for confirmation signals at the current support and SR zone before executing trades.
Short selling remains the main themeGold hit a low of around 3267 yesterday and fluctuated until closing at 3274. Gold fluctuated upward at the opening today. Currently, gold is fluctuating around yesterday's rebound point of 3305. This is the resistance we need to pay attention to in the short term.
From the 4H analysis, today's short-term resistance is around 3305-3315. If gold wants to rise, it needs to stabilize above 3315. Focus on the 3335 first-line pressure, and rebound to the 3305-3315 resistance area during the day. You can consider shorting and follow the trend to see the decline unchanged, looking towards 3290-3280. Rely on this range to maintain the main tone of high-altitude participation. For the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market.
XNGUSD CONTINUES ITS DOWNWARD TREND. FOR HOW LONG?XNGUSD CONTINUES ITS DOWNWARD TREND. FOR HOW LONG?
Recent bearish impulse started at the beginning of this week may come to an end soon. Yesterday the U.S. Natural Gas Storage report came out. Numbers appeared to be lower than expected and lower than previous. (23b vs 28b vs 46b). This is bullish signal for the market participants. Minutes after the report came out, market reacted bullish, however, soon price went sideways.
Right now gas prices continue to decline. Still, the opportunity for short-sellers here is quite limited. Not so far below there is a level of 3.0000, form where I expect the price to rebound, supposedly to a 3.3000.
Gold 30Min Engaged ( Bullish Reversal Entry Detected )Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸Bullish Reversal - 3318
➗ Hanzo Protocol: Volume-Tiered Entry Authority
➕ Zone Activated: Dynamic market pressure detected.
The level isn’t just price — it’s a memory of where they moved size.
Volume is rising beneath the surface — not noise, but preparation.
🔥 Tactical Note:
We wait for the energy signature — when volume betrays intention.
The trap gets set. The weak follow. We execute.
Crude Oil’s $70 Surge Still Faces 3-Year Channel ResistanceAlthough news points to a crude oil price surge, technical analysis indicates price cap risks remain within the borders of a 3-year descending channel.
Should a clear hold emerge above the $70 barrier, the bullish rebound in price action from the $64.40 zone, in line with the weekly RSI’s rebound off the neutral 50 zone, may extend toward the channel’s upper boundary at $72.40, $74.40, and $77 in more extreme scenarios.
A confirmed hold above the $77–78 zone may shift the primary trend away from bearish dominance and pave the way for longer-term bullish forecasts.
On the downside, if a price drop results in a clean break below the $64 barrier, downside risks may extend toward the mid-zone of the long-standing channel, with potential support levels at $63.20, $61.80, and $59.70, respectively.
Written by Razan Hilal, CMT
XAUUSD H2 | Downside Target 3270Gold (XAUUSD) recently rejected from a key resistance zone around 3300, showing strong bearish momentum on the 2H timeframe.
💡 Setup Idea:
• Price broke support → Retest as new resistance ✅
• Clean imbalance left behind → Fills expected 📉
• Target: 3270 zone (300 pips move) 🎯
• Risk-Reward potential is solid for intraday/swing entries.
Trade Plan:
If price holds below 3300, we expect continuation toward the 3270 zone. This area also aligns with previous structure and liquidity grab.
🕐 Timeframe: 2H
📌 Resistance: 3300
🎯 Target: 3270
📍 RR: 1:2+
#XAUUSD #GoldSetup #PriceAction #SmartMoney #FXTrading #TradingView #ForYou
Hellena | GOLD (4H): LONG to area of 3370 (Wave 2).Colleagues, gold is once again disrupting our plans, and I have to revise the wave marking. It's not easy, but the most important thing is to keep doing it.
Now I'm back to the previous marking — the price is in wave “2” correction.
To complete this wave, the price needs to overcome the level of wave “W” of the middle order 3246.82. Then the correction will be completed and wave “3” will begin an upward movement.
I see the minimum target in the area of the 3370 level.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
NATURAL GAS REACHED THE KEY SUPPORT LEVEL. WHERE TO GO NEXT?NATURAL GAS REACHED THE KEY SUPPORT LEVEL. WHERE TO GO NEXT?
XNGUSD has come to a crucial support level of 3.0000. Although the sentiment here stays as quite bearish (seasonally, August is not the perfect month for natgas buyers), we expect the price to rebound from the level of 3.0000 towards 3.3000 first. Afterwards, the continuation of bearish trend is expected with final target of 2.6000 before cold season beginning.
SILVER SENDS CLEAR BEARISH SIGNALS|SHORT
SILVER SIGNAL
Trade Direction: short
Entry Level: 3,820.7
Target Level: 3,794.3
Stop Loss: 3,837.9
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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