Futures market
silver daily cp ๐ Updated Journal Entry โ XAGUSD
Direction: Buy
Entry Zone: Daily CP demand
Trend: Monthly, Weekly, and Daily all bullish
Target: 2R reward from entry
Status: Pending
Chart: View Chart
Notes:
Watching for price to enter the daily CP demand and form a bullish entry signal
Will exit at 2x the distance of the stop loss once in
Setup aligns with trend-following strategy and continuation logic
Futures RSII will go through why I prefer the 63 RSI to be OHLC4 or HLC3. That's because I think Volume Weighted MA is influenced by the high, low, and close price, so I use either that or OHLC4 after double smoothing it. Watch the 70-30 and oversold levels as a potential reversal play; typically, everything above 35 is bullish and everything below 65 is bearish, with 50 as TP. The most powerful aspect of the RSI lies in finding divergences from the strength of the RSI and the direction of price; that's where the largest trades I have taken were made.
BRENT CL Technical & Economic Outlook: Geopolitical Tensions
Brent Crude Oil has surged 9% in just one day due to escalating tensions between Iran and Israel, underscoring the volatility in global energy markets. Hereโs a breakdown of the key levels and the economic impact:
Resistance at 76.236:
This remains a strong resistance zone. A breakout could indicate more upside, with oil prices potentially reaching higher levels as geopolitical risk mounts.
Equilibrium at 73.535:
The market is stabilizing here, reflecting a balance between buying interest and caution. Consolidation may lead to further volatility as traders digest the geopolitical fallout.
Discount Zone at 71.952:
If the market retraces, this level offers a potential buying opportunity, as demand remains strong in this zone.
RSI at 57.96:
The RSI suggests neutral momentum, but the market could soon enter overbought conditions, making it crucial to watch for potential price exhaustion.
Economic Drivers:
Inflation: A surge in oil prices could worsen inflation globally, increasing costs across industries.
Geopolitical Risks: The ongoing conflict is likely to disrupt global supply chains, especially oil production.
Whatโs Next?
Bullish: Watch for a breakout above 76.236 to confirm a continuation of the rally.
Bearish: A failure to hold equilibrium could suggest a pullback to the discount zone, offering a buying opportunity.
Stay alert to the evolving geopolitical situation and its impact on oil price volatility.
Follow @GoldenZoneFX for more content and valuable insights.
It Wasnโt on a Chart. It Was in My JournalYou donโt become consistent by learning more setups. You become consistent by learning more about yourself.
โ๏ธ The Day I Started Journaling, I Stopped Guessing
I used to chase charts like they owed me something.One moment I was confident. The next, I was doubting everything, not because the market betrayed me, but because I wasnโt keeping track of who I was becoming .
Then I started journaling.
Not just logging wins and losses, but writing what I felt, what I saw, where I rushed, and why I broke my own rules. It changed everything.
What Journaling Gave Me (That Charts Alone Couldnโt)
1. Clarity Over Chaos
Every trade became a lesson. I stopped reacting and started reviewing.
2. Accountability Over Emotion
Writing โI entered out of fear of missing outโ hits different when you see it five times in a row. I couldnโt lie to myself anymore.
3. Discipline Over Drama
No more revenge trades. No more โjust one moreโ trades. Journaling made me pause, and that pause saved me more than any setup ever could
Itโs Not Just a Journal. Itโs a Mirror.
Most traders document price. Few document themselves. And yet thatโs where the edge lives, not in more indicators, but in more self-awareness.
My Advice to Any Trader Trying to Break Through
Donโt just journal for results . Journal to understand who you are in the market. Your wins will mean more, and your losses will teach more. And if you're consistent with it, your growth wonโt just be measurable. Itโll be undeniable.
The best setups wonโt save you if your mindset is undisciplined.And the best mentors canโt help you if you donโt study your own patterns.
Journaling isnโt just about logging trades.Itโs about documenting your evolution as a trader, from reactive to intentional, from hopeful to professional. So, if youโre serious about growth: Donโt just screenshot your wins, start writing your journey. Thatโs where the edge really begins.
Current Gold Trend Analysis and Trading RecommendationsOn Friday, the strategy of going long on gold at relatively low levels was once again precisely fulfilled. The morning strategy clearly suggested opening long positions within the range of 3400 - 3410. As expected, the price of gold once again surged to around the 3445 level, and profits were successfully secured once more.
The hourly chart of gold shows a volatile upward trend. Driven by risk aversion in the early morning, it surged rapidly but fell back for correction after hitting resistance at 3444 during the European session. Before the U.S. session, it stabilized at 3412 and rallied again. The previous large bearish candlestick was more of a minor shakeoutโafter washing out floating chips, it has now regained its upward momentum.
Maintain a strongly bullish approach for now. The 3415-3410 range forms a key support zone, and long positions can be continued above this level. Upper resistance remains at 3445-3450; a valid breakout could lead to further gains toward 3475 and beyond. However, be aware that a sustained rally may trigger a pullback due to overbought indicators or divergences. For operations, consider going long near support and exercise caution when chasing highs near resistance
XAUUSD
buy@3405-3315
tp:3430-3450
Investment itself is not the source of risk; it is only when investment behavior escapes rational control that risks lie in wait. In the trading process, always bear in mind that restraining impulsiveness is the primary criterion for success. I share trading signals daily, and all signals have been accurate without error for a full month. Regardless of your past profits or losses, with my assistance, you have the hope to achieve a breakthrough in your investment.
GOLD Sellers In Panic! BUY!
My dear friends,
My technical analysis for GOLD is below:
The market is trading on 3330.6 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 3338.3
Recommended Stop Loss - 3326.5
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
โโโโโโโโโโโ
WISH YOU ALL LUCK
Gold Weekly Summary and Forecast 6/14/2025
In my last week's post, I mentioned that the inverted head and shoulder has been formed and we should see price soaring up as long as 3300 holds. Indeed in this past week, after touching briefly 3300, price went through a few days of consolidation. I almost thought the trend has been reversed. However, I still followed my weekly instinct. And this week closes above 3400. We should see more price pump next week. I am expecting another ATH to at least 3600.
From 2D TF, gold respected the trendline well and I will look for buying opportunity from 3400 next week.
XAUUSD: Geopolitical Tensions & Price Action Strategy
In the wake of growing tensions between Iran and Israel, XAUUSD (Gold) has once again become the focal point for many traders seeking stability. Letโs break down the key technical levels and how global events could shape market behavior in the days ahead.
Resistance at 3,446.87 โ A Barrier to Watch
Goldโs price is currently testing the resistance zone at 3,446.87. As the geopolitical situation worsens, we might see an influx of risk-off flows, pushing the price to break past this level. A clear break above would signal further bullish potential, especially if risk aversion continues to dominate global markets.
Demand Zone at 3,392.29 โ Strong Support
The Demand Zone at 3,392.29 remains a critical level. The price has reacted positively to this support area multiple times, suggesting that institutional buying could be taking place in anticipation of further upside or protection against geopolitical risks.
Volume Spikes and Market Sentiment
Trading volume has been a key indicator of increased market reaction to news. Weโve seen strong volume surges during periods of geopolitical escalation, confirming the heightened market sensitivity. Keep an eye on volume during any major news announcements, as this could provide a clearer view of potential market direction.
RSI Analysis: 52.31 โ Neutral Momentum
The RSI reading of 52.31 reflects a neutral market, neither overbought nor oversold. However, the influence of geopolitical risks means that this neutral stance could shift rapidly, especially if global tensions escalate, causing a surge in Goldโs demand.
Strategic View:
Bullish Scenario: If XAUUSD breaks above 3,446.87, look for continuation plays as global risks increase.
Bearish Scenario: A failure to hold at the demand zone could lead to short opportunities or corrective moves.
Traders should remain cautious and adjust strategies accordingly, as geopolitical risks can lead to unexpected market volatility.
Stay alert and manage your risk accordingly!
Follow @GoldenZoneFX For more content and valuable insights.
Technical Analysis Summary - NG๐ Technical Analysis Summary โ Natural Gas (NG1!)
๐ Left Chart (Daily Timeframe โ ABC Correction):
Market structure shows a clear ABC corrective pattern forming.
Wave A completed with a sharp down move.
Wave B retracement is also complete.
Now initiating Wave C, projecting a downside target near $2.90โ$3.00.
The structure indicates a correction within a larger downtrend continuation.
๐ Right Chart (90-Minute Timeframe โ Elliott Impulse):
The chart breaks down Wave C into an impulsive 5-wave structure:
Wave I: Down move from ~$3.90 to ~$3.45.
Wave II: Pullback (currently ending).
Wave III, IV, V: Projected further downside.
Final target: $2.85โ$2.90 region.
Multiple EMAs (34, 62, 89, 144) show bearish alignment โ resistance in recent pullback.
Price action is below all EMAs, confirming bearish trend continuation.
๐ Conclusion:
Natural Gas is likely entering Wave C of a larger ABC correction.
Expect further downside with potential targets:
Short-term: $3.10
Mid-term: $2.85โ$2.90
Trend remains bearish unless price reclaims above the EMA cluster (~$3.65โ$3.80).
โ ๏ธ Disclaimer:
This analysis is for educational purposes only. It is not financial advice. Please consult your financial advisor before making any trading decisions.
Gold Wave Analysis โ 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)).
Gold: Monitor Middle East Developments Over the WeekendAmid escalating tensions in the Middle East, risk-off sentiment surged,
sending gold soaring past the 3414 resistance and peaking near 3450,
before retracing and rebounding off the 3414 support zone.
โ ๏ธ While this was a high-volume breakout, it was news-driven,
so keep in mind:
๐ If tensions ease over the weekend, a pullback on Monday is highly likely
๐ If tensions escalate, another bullish run would be expected
โ
๐ Technical Outlook:
๐งญ 4H chart: 9-count nearing completion โ overbought signals building
๐งญ 2H chart: MACD showing early signs of a bearish crossover; potential divergence forming
๐งญ 1D chart: Breakout with volume confirms bullish trend, but risk of short-term correction remains
โ
๐ Key Price Zones:
๐บ Resistance: 3468 โ 3487 โ 3500
๐ป Support: 3414 (critical) โ 3400 โ 3392
โ ๏ธ If broken, next downside targets: 3378 โ 3367
โ
๐ Strategy Suggestions:
As we head into Monday:
โ
Consider selling on rallies if geopolitical tensions ease
โ
If tensions worsen, follow the momentum โ but watch for reversal signs
06/13/25 Trade Journal, and ES_F Stock Market analysisEOD accountability report: +3825
Sleep: 5.5 hours (sleep is declining, will spend the weekend catching up)
Overall health: Good
What was my initial plan? I wanted to short 6016-6020 area in the morning but we didn't open up to that, so i just sat on sideline until we hit the 6025 , took a big short there and paid off really well.
Daily Trade recap based on VX Algo System from (9:30am to 2pm)
โ 9:30 AM Market Structure flipped bearish on VX Algo X3!
โ 10:30 AM Market Structure flipped bearish on VX Algo X3!
โ 10:40 AM VXAlgo YM X1 Buy Signal
โ 11:30 AM Market Structure flipped bullish on VX Algo X3!
โ 12:21 PM VXAlgo ES X1 Sell Signal (double signal)
โ 1:12 PM VXAlgo NQ X3 Sell Signal
โ 1:30 PM Market Structure flipped bearish on VX Algo X3!
Next day plan--> Above 6010 = Bullish, Under 5965= Bearish
Video Recaps -->https://tradingview.sweetlogin.com/u/WallSt007/#published-charts
"XAU/USD Bearish Setup: Rising Channel Breakdown AnticipatedPrevious Resistance Zone (Red Rectangle):
The chart shows a clear resistance zone between ~3,340 and ~3,370 USD.
Price was rejected sharply from this zone earlier (marked by the large blue dot at the swing high).
Current Rising Channel (Blue Channel):
A rising wedge or ascending channel is forming, typically a bearish continuation pattern when found in a downtrend.
Price is currently testing the upper boundary of this pattern.
Bearish Projection (Red Path & Arrows):
The chart creator expects a rejection from the top of the channel, leading to a breakdown and a move toward the next key support at ~3,246.94 USD.
A large red arrow and projected box highlight the short setup zone with an implied favorable risk/reward ratio.
Support Target:
Blue horizontal line at 3,246.94 marks the next significant support level, likely a take-profit target for short sellers.
Macro Factors:
Three small icons indicate upcoming U.S. economic events, possibly influencing XAU/USD volatility and confirming the move.
โ
Summary:
Bias: Bearish
Pattern: Rising Channel (bearish structure)
Entry Zone: Around 3,350โ3,360 USD (top of channel)
Target Zone: ~3,246 USD
Risk: Invalid if price closes strongly above the resistance zone (~3,370 USD)
Bulls are in control, and pullbacks are opportunities!Gold rose directly at the opening today due to risk aversion, reaching a high of around 3446.8. We successfully stopped profit twice when we went long. Subsequently, we also notified everyone to enter short positions at 3445 and exit with profit at 3425. Pay attention to the support situation at 3395-3408. Going long on pullbacks is still the main trend at present.
From the current gold trend analysis, today's gold mid-line pulled up and broke through and stood above the 3400 mark to further continue its strength. The short-term support below is around 3310-3408, and the key support below is around the recent top and bottom conversion position of 3395-3405. The intraday pullback relies on this position to continue to be bullish and the short-term bullish dividing line moves up to 3345-3350. The daily level stabilizes above this position and continues to maintain the trend of low-long rhythm. Be cautious about short orders against the trend. I will give you tips on specific operations, and pay attention in time.
Gold operation strategy: Buy gold when it falls back to around 3395-3405, and target around 3425-3440. If it is strong, continue to buy gold at the support of 3410-3408.
When operating, be sure to strictly set stop loss, strictly control risks, and respond to market fluctuations steadily.
Natural Gas (NG1!) Analysis ๐ Natural Gas (NG1!) Analysis โ Triangle Breakout Imminent
The Natural Gas 30-minute chart has formed a contracting triangle over the past several sessions, with volatility compressing into a tighter range. This pattern typically signals an impulsive move once the breakout occurs.
We now see the triangle structure complete, and the market is poised for a decisive breakout in one direction.
๐ Technical Breakdown:
๐ฆ Pattern: Contracting Triangle
โณ Structure: 5-leg consolidation appears complete
๐ Current Price: ~3.68 USD
๐ Bullish Breakout Target: 3.84
A breakout above the upper triangle trendline confirms the bullish momentum.
๐ Bearish Breakdown Target: 3.37
A breakdown below the lower support line will invalidate the bullish structure and may lead to a swift decline.
๐งญ Trading Plan:
Watch for a breakout with confirmation volume
Ideal to enter after a breakout retest, especially on the 15m or 1h chart
Set stop-loss just inside the triangle opposite your trade direction
โ ๏ธ Disclaimer:
This analysis is for educational and informational purposes only. It is not financial advice or a recommendation to buy or sell any asset. Always do your own research and consult your financial advisor before making trading decisions.
GOLDThe Federal Reserve is likely to interpret the June 2025 University of Michigan (UoM) consumer sentiment and inflation expectations data as mixed but cautiously encouraging, with implications for monetary policy:
Key Data Points
Consumer Sentiment: 60.5 (vs. 53.5 forecast, prior 52.2) โ a sharp rebound to the highest level since mid-2023.
1-Year Inflation Expectations: 5.1% (vs. 6.6% prior) โ a significant decline, nearing pre-tariff levels.
Fed Interpretation
Improved Consumer Sentiment:
The jump to 60.5 signals renewed optimism about the economy, likely driven by reduced trade tensions (e.g., tariff pauses) and stable labor markets. This aligns with recent upward revisions to April and May sentiment data.
The Fed will view this as a sign of economic resilience, reducing urgency for near-term rate cuts to stimulate growth.
Sharply Lower Inflation Expectations:
The drop to 5.1% (from 6.6%) aligns with the New York Fedโs May 2025 survey showing declining inflation expectations across all horizons.
This suggests consumers are growing more confident that the Fedโs policies (and tariff adjustments) are curbing price pressures, easing fears of a wage-price spiral.
Policy Implications:
Dovish Tilt Supported: Lower inflation expectations reduce the risk of entrenched price pressures, giving the Fed flexibility to cut rates later in 2025 if growth slows.
No Immediate Cuts Likely: Strong sentiment and a resilient labor market (unemployment at 4.2%) justify maintaining rates at 4.25โ4.50% in July.
Focus on Tariff Risks: The Fed will remain cautious about potential inflation rebounds from Trumpโs tariffs, which could add 1.5% to prices by late 2025.
Market Reactions
DXY (Dollar Index): Likely to dip modestly as lower inflation expectations boost rate-cut bets, but sentiment-driven growth optimism may limit losses. Key support at 98.00โ98.20.
Bonds: 10-year yields may edge lower (toward 4.00%) on reduced inflation fears, though strong sentiment could cap declines.
Equities: Stocks (especially consumer-discretionary sectors) may rally on improved economic outlook.
Conclusion
The Fed will likely view this data as validating its cautious stance: inflation expectations are cooling, but strong sentiment and labor markets argue against premature easing. A September rate cut remains the base case, contingent on continued disinflation and no tariff-driven price spikes. Traders should watch for June CPI (July 11) and Q2 GDP to confirm trends
#gold #dollar
XAUUSD(GOLD): +1874 PIPS Target| Touching $3600? Gold experienced a significant price surge, driven by the ongoing conflict between Iran and Israel. This heightened uncertainty among global investors led to a price touch of $3445. The current price is accumulating, and we anticipate a strong bullish distribution in the near future. Please prioritise accurate risk management during trading.
Good luck,
Team Setupsfx_