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GBPAUD Long 4/23/2025GBP/AUD Long Setup – Final Retest of Daily Support with Bullish Confirmation Looking to go long on GBP/AUD after multiple confluences across timeframes suggest a strong bounce from key support. Daily Chart: Price continues to respect the 2.07500 support zone, which has held since April 9th. Today, we saw a sharp move back into that level with a strong wick rejection, suggesting a possible final retest before continuation. 4H Chart: We’re 12 minutes from closing a bullish hammer, printing just above the daily support zone — a textbook signal of bullish strength returning from structure. 1H Chart: Clear false breakout + inside bar combo, followed by a bullish hammer close, all occurring within the support zone. These are strong reversal signals, especially when aligned with higher timeframe structure. News Context: While GBP flash PMI data came in weak, price action tells a different story. The bullish hammer forming during the news candle suggests liquidity absorption, not continuation selling. Trade Plan: Entry: Around current levels above 2.075 Stop: Just below the 1H hammer (tight structure-based risk) Target: 2.10815 — aligning with recent swing highs and the top of the range Solid structure + clear invalidation = high-quality setup. If momentum holds, we could see a swift rotation back toward the highs.
Long
by Big6Financial
USDCAD Short 4/23/2025USD/CAD Short Setup – Break of Daily Demand + Textbook Triangle Unwind This short is built off both macro fundamentals and multi-timeframe technical precision. Daily Chart: USD/CAD has been steadily breaking structure to the downside. Yesterday's close was significant — we broke below a major daily demand zone at 1.38221, signaling a shift in longer-term sentiment. Today’s price action has already retested yesterday’s high into that broken zone — a classic break-and-retest setup. 4H Chart: A clear 5-wave triangle correction is printing — text-book stuff. We’re nearing the breakout point. Price is pressing against the lower boundary, and momentum looks ready to shift. A potential Evening Star pattern is forming right now, supported by an inside bar and a follow-up bearish hammer — a stacked reversal signal. 1H Chart: Structure confirms the 4H — all signs point toward a correction completing and a new impulsive leg down beginning. Fundamentals: Later today, the U.S. Flash Manufacturing PMI is expected to show contraction — a negative for the dollar. If the data misses expectations, it could amplify the bearish move on USD/CAD. We’re also tracking oil closely — further CAD strength via crude would accelerate the downside here. Trade Plan: Entry: Current area near the 1.382 retest SL: Above triangle high TP1: 1:1 R:R – partial take profit (75%) TP2: Let the remaining 25% run with structure-based trailing If the setup confirms post-PMI, this could be a strong follow-through play after a major HTF breakdown.
Short
by Big6Financial
S&P 500 | SPX500USD: Bulls Find Support — But Is It Enough?SPX500USD 12H TECHNICAL ANALYSIS 🔍 OVERALL TREND 📈 UPTREND (Tentative) — Market structure appears to be attempting a reversal from a recent pivot low. However, the macro trend remains under pressure unless price clears the key resistance range above 5,950. 📉RESISTANCE 🔴 6,152.5000 — PIVOT HIGH | Dynamic Resistance Level 🔴 6,086.2943 — SELL ORDER II 🔴 5,952.1652 — SELL ORDER I 📊ENTRIES & TARGETS 🎯 5,884.4400 — EXIT BUY | TP 4 🎯 5,640.5683 — BUY ORDER | TP 3 🎯 5,482.3500 — BUY ORDER | TP 2 | Mid-Pivot 🎯 5,254.5432 — BUY ORDER | TP 1 📈SUPPORT 🟢 5,021.6218 — BUY ORDER 🟢 4,879.2150 — BUY ORDER II 🟢 4,812.2000 — PIVOT LOW | Dynamic Support Level 📊OSCILLATOR SUMMARY 🧭 RSI (14): 51.98 — Neutral 📉 MACD Level: -41.34 — Buy Bias Forming 🚀 Momentum (10): -36.21 — Positive Divergence Developing 📊 ADX (14): 21.08 — Early Trend Formation 📉 Awesome Oscillator: -87.21 — Bearish but Flattening 🧮MOVING AVERAGE SUMMARY ✅ 10/20/30 EMA & SMA — All Showing Buy Signals ❌ 50/100/200 EMA & SMA — Still Bearish, Suggesting Long-Term Pressure 📊 VWMA (20): 5,289.90 — Bullish Price Reaction Above VWMA 📏 Ichimoku Base Line: 5,158.19 — Neutral, Needs Further Validation 🤓STRUCTURAL NOTES Current price is battling between 5,300–5,400 resistance range — a break and close above 5,482 could trigger further upside Significant bullish reversal candle formed near the last pivot low at 4,812 Volume profile suggests re-accumulation; price attempting to reclaim 5,300 structure Momentum indicators show signs of shifting bullish, but not yet in strong confirmation territory TRADE OUTLOOK 🔎 📈 Bullish bias above 5,254 with targets at 5,482 / 5,640 / 5,884 📉 Bearish pressure reactivates if price rejects 5,482 and closes below 5,021 👀 Monitor ADX for trend confirmation — under 25 = caution; above 25 = trend validation 🧪STRATEGY RECOMMENDATION CONSERVATIVE APPROACH (Reversal Play): — Entry: 5,254.54 — Targets: 5,482.35 / 5,640.56 / 5,884.44 — SL: Below 5,021.62 HIGH-RISK SCALP (Resistance Fade): — Sell Order near 5,952.16 or 6,086.29 — Targets: 5,640 / 5,482 — SL: Above 6,152.50 “Discipline | Consistency | PAY-tience™”
OANDA:SPX500USDLong
by ProfessorCEWard
Trump vs. Powell: 4d Gold Price Roller Coaster📊 Summary of Recent 4 Trading Days During the ongoing US-China trade war, President Trump has ramped up his public criticism of Federal Reserve Chair Jerome Powell. Though he lacks the authority to remove Powell directly it seems, Trump's frustration with the Fed’s independent policy direction has led to an apparent institutional power struggle. This conflict hasn’t gone unnoticed by the markets. Just the mention of removing Powell caused the gold price to spike, as stock market money got squeezed out, amplified by tensions in the trade war. The Federal Reserve’s credibility is high, so such remarks naturally trigger significant volatility. After Trump's initial outburst, gold surged $216. But when he softened his tone, the price reversed just as dramatically—falling about $240 (with the trading day still ongoing at the time). Hopes for progress in trade negotiations also played a role in this sharp reversal. ⚠️ Warning Signs of Market Distortion Statements from the US President now function almost like market-moving events in addition to normal news. For gold traders, this creates an unstable environment where typical technical setups may fail. The past days showed signs of manipulated or artificial movements—with potential insider activity. One notable example: Gold looked set to break higher after a 1-hour candle closed above the EMA 20 line. But a sudden $12 bearish candle in the last 30 seconds erased the setup. It felt orchestrated—possibly by institutional players defending key levels. 💡 Trader’s Takeaway Don’t blindly trust technical signals in this environment. Watch for political noise—it’s louder than usual. Prefer quieter markets if you’re risk-averse. Expect $100+ daily ranges and frequent price whipsaws. 🗣 What’s your take? Is Trump really influencing the gold market on purpose—or just creating chaos? Let’s discuss below. 👇 ------------------------------------------------------------------------- This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly. Good luck and safe trading! 🚀📊
OANDA:XAUUSD
by Wick-Sniper
1
Nasdaq 100 Prepares for Launch — Reclaiming Critical GroundNAS100 8H TECHNICAL ANALYSIS 💻🧠 OVERALL TREND 📈 UPTREND — Structure is shifting bullish. Recent higher lows and strong rebounds from April lows confirm the current upward momentum. This is supported by 12/13 Moving Averages flashing BUY , including critical 50- and 200-period EMAs/SMA clusters. MACD and Momentum indicators also favor continued upside. 🔴 RESISTANCE ZONES 22,248.00 — 🔴 SELL STOPLOSS | Final Pivot High 21,955.77 — 🔴 SELL ORDER 2 21,364.19 — 🔴 SELL ORDER 1 🎯 TARGETS & BUY ORDERS 21,065.42 — 🎯 TP4 | EXIT THE RALLY 19,989.54 — 🎯 TP3 | Momentum confirmation 19,291.55 — 🎯 TP2 | Mid Pivot Zone 18,286.55 — 🎯 TP1 | Initial Profit Target 17,258.99 — ✅ BUY ORDER 1 16,630.74 — ✅ BUY ORDER 2 16,335.10 — ✅ BUY STOPLOSS | Pivot Low 🟢 SUPPORT STRUCTURE PIVOT LOW @ 18,286 — Support holding for now PIVOT LOW @ 17,258 — Strong confluence with previous structure BUY ORDER zones between 16,330 – 17,258 — Demand cluster for reversals 🤓 STRUCTURAL NOTES MACD shows bullish divergence with a rising histogram and crossover confirmation Momentum (+694) and RSI (66.69) suggest strength, though nearing overbought territory Price has reclaimed 10, 20, 50, 100, and 200 MA levels — rare alignment of major trend confirmation Only outlier: Hull MA (9) signaling short-term overextension — may suggest brief consolidation before continuation 🌍 GLOBAL TECHNICAL SUMMARY 📊 12 of 13 Major Moving Averages = BUY 📈 MACD & Momentum Oscillators = BUY 🧭 Majority of Oscillators = Neutral — supporting a “calm before breakout” thesis ⚖️ CCI shows slight overbought = caution near resistance zones 📉 No major bearish divergence detected — trend remains intact TRADE OUTLOOK 🔎 📈 Bullish Bias above 18,286.55 (TP1) targeting 19,291.55 (TP2) and beyond 📉 Bearish rejection likely near 21,065+ if volume fades — monitor RSI/MACD 👀 Watch for volume confirmation as we approach 19,989.55 🧪 STRATEGY RECOMMENDATION CONSERVATIVE BREAKOUT ENTRY: — Entry: 18,286.55 — TP Levels: 19,291.55 / 19,989.55 / 21,065.42 — SL: Below 17,258.99 RISK-ON DIP BUY STRATEGY: — Buy Zone: 16,630 – 17,258 — TP: 18,286.55 / 19,291.55 — SL: Below 16,335.10 “Discipline | Consistency | PAY-tience”
OANDA:NAS100USDLong
by ProfessorCEWard
4/23 Gold Trading StrategyGold saw a sharp decline from 3500 to around 3360 yesterday, and our selling strategy delivered significant returns. Over the weekend, Trump stated he has no intention to fire Powell and hinted at easing trade tensions. This quickly dampened market risk aversion, causing gold to plunge at the open today to near 3320. The downward momentum remains strong. In this kind of market, flexibility is key. A sharp drop is usually followed by a rebound, but the strength of that rebound is what matters. Technically, the potential bounce is estimated at around $50, but whether the price continues to rise or resumes its decline will depend on how the market digests the news. Technical levels (excluding news impact): Key resistance: 3410–3440 Key support: 3328–3303 Considering the news: Key resistance: 3346-3372 Key support: 3298–3268 Trading Strategy for Today: Sell between 3410–3440 Buy between 3297–3267 Trade flexibly within 3386–3332 / 3296–3328
FOREXCOM:XAUUSDLong
by China_MsWang
2
Gold's Cup and Handle: Historical Analysis, post completionThe recent completion of a Cup and Handle pattern on Gold price action leaves an open question about the historical performance after such a technical formation plays out. While Cup and Handle patterns are generally considered bullish, there are legitimate historical reasons to question maintaining a long position after the pattern completes. Pattern completion often marks exhaustion points ====================================== Historically, the completion of a Cup and Handle pattern indicates near term exhaustion of buying pressure rather than the beginning of a sustained move higher. This occurs because: 1) The pattern completion itself often represents the culmination of a buildup in speculative long positioning. 2) Technical traders who entered based on the pattern may take profits once their target is achieved. 3) The psychological milestone of completing the pattern can trigger selling from larger institutional players. For example, the technical Bull flag of 2001 on completion saw a 40% following correction. Were that to happen on the Cup and Handle pattern upon completion price action would return to $1950 2001 Bull flag Monetary policy transition periods ====================================== Historical analysis shows that gold's technical pattern reliability decreases significantly during periods of monetary policy transitions. If the Cup and Handle completion coincides with a shift in central back policy stance (particularly Federal Reserve policy), historical precedent suggest heightened risk of pattern failure. Looking left, breakouts in the Bond market resulted in serious downside pressure for Gold price action, the Federal Reserve may not have a choice in the months ahead. Especially as the cost of servicing the debt grows and foreign entities increase Bond market selling pressure. 10 year Bond breakout Conclusion ====================================== While the Cup and Handle pattern is traditionally viewed as bullish, historical data specific to gold markets suggest caution about maintaining long position immediately following pattern completion. The historical tendency toward mean reversion, pattern reliability concerns, volatility expansion, and correlation breakdowns all suggest that a more measured approach may be warranted. Ww
OANDA:XAUUSD
by without_worries
6
Gold price stabilized again, trading around 3300⭐️GOLDEN INFORMATION: Gold price (XAU/USD) found fresh buying interest during the Asian session on Wednesday, pausing its pullback from the previous day’s record high near $3,500. Attempts by the US Dollar (USD) to rebound from multi-year lows faltered, as investor confidence in the US economic outlook continues to erode amid President Donald Trump’s erratic tariff policy shifts. Additionally, growing expectations of more aggressive monetary easing by the Federal Reserve (Fed) have triggered renewed selling pressure on the greenback. This, in turn, has reinforced demand for the non-yielding yellow metal, helping gold regain upward momentum as investors seek shelter from mounting economic and policy uncertainty. ⭐️Personal comments NOVA: The slowdown and downward adjustment of gold are inevitable. Profit-taking psychology and cooling news of tariffs and Russia-Ukraine military forces caused gold prices to fall. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3410- 3412 SL 3417 TP1: $3390 TP2: $3380 TP3: $3370 🔥BUY GOLD zone: $3281 - $3283 SL $3276 TP1: $3290 TP2: $3300 TP3: $3315 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
2
How Many Trades Does It Take to Get Rich?Let me tell you straight — one trade won’t make you rich. It’s almost impossible. The odds are simply too low. And that’s the very foundation of my approach — an approach that has already brought me meaningful results. The Myth of the One Trade The biggest trap traders fall into is placing all their hopes on a single trade — one that’s supposed to fix everything. That’s where the problems begin: oversized positions, impatience, emotional attachment... and eventually, tilt. And tilt does exactly the opposite — it wipes out your account. The solution? Stretch the process out over time. Doing this alone significantly increases your chances of actual profit — instead of blowing everything up in a short burst. What That Creates By shifting away from the “one big trade” mindset, you remove urgency, bring risk under control, and turn your trading into a stable process. That’s the core of what I teach: break your trading into as many small, manageable episodes as possible. Divide your “luck” into smaller parts — and you’ll be able to attract it in the long run. This mindset comes with far more advantages than downsides. And deep down, you already know that. So start applying it — make this your starting point toward meaningful results. Letting Go of the Old Way Don’t worry about how long it might take to see significant growth in your account. You can always go back to your old way of trading — jumping in and trying to “make money today.” But ask yourself: how many times do you need to get burned before you finally shift from a short-term mindset to a long-term one? Add to that some information isolation — stop feeding your brain constant news noise. Let go of headlines that pretend to predict the market. Free yourself from that influence, and you’ll start to see the charts clearly — without the illusions, without the made-up narratives. One Last Thing If you’re still holding on to the idea that you can achieve serious results without deeply studying this craft — and without putting in real time — let me suggest something: drop that belief now, before you even begin. You don’t have to. But eventually, after enough feedback from the market, you’ll let it go anyway. It’s just a matter of time. The sooner you accept this, the easier your path will become. And if you can’t let go of that illusion — your only real option is to leave the market. Social media exists to drive engagement. And where there’s engagement, there’s exaggeration. That’s what feeds the false ideas you might unknowingly absorb about trading and beyond. People show the upside — but rarely the downside.
FX:XAUUSDEducation
by nlt_group
Gold Eiffel Tower The GOLD GTFO is still in play. What saved Gold was the stopping for the market crash when Trumnpchenko manipulated the markets. Had the crash continued Gold would have crashed with it. As it is the last safe haven for money to pile into and people just give up and sell everything in sight. If you were an early buyer of gold and sold above $3,000 then you have a nice 50% gain. Take your money and RUN! All the way to the bank! Don't be a dick for a tick. If you are then you will ride it all the way back down. When will it top no one can know. But what pros do is take their money and RUN! So be a pro! ;) Click like follow subscribe!
OANDA:XAUUSDShort
by RealMacro
4
Gold Ideas for April 23 ahead of Flash Manufacturing PMI News📉 XAUUSD Trade Plan – April 23, 2025 Market Overview: Current Price Action: Gold is in a bearish corrective phase within a higher time frame bullish structure. The recent price action confirms a short-term bearish flow with CHoCH and BOS. 🔻 SELL ZONES 🔴Sell Zone 1: 3330–3341 ✅ Valid: Previous support turned resistance Structure: CHoCH origin on 1H Watch for: NY spike into zone + LTF rejection 🔥 Most likely short setup today 🔴Sell Zone 2: 3362–3372 ⚠️ Still valid, but far from price Use only on aggressive NY volatility or PMI spike Risk of price flipping bullish if broken 🔴Sell Zone 3: 3384–3393 ❄️ Inactive for now – requires major news catalyst HTF OB + imbalance, but distant unless price surges Lower probability unless full reversal structure forms 🔴Key Level: 3410–3414 🔒 Reserved for extreme sweep/reversal Only valid if all upper zones are taken out + price reaches premium zone with liquidity grab 🟢 BUY ZONES 🟢Buy Zone 1: 3290-3303 ✅ Played perfectly – Price tapped and bounced Structure: M30 OB base + liquidity sweep Still valid for retests with M1–M5 confirmation Primary intraday buy 🟢Buy Zone 2: 3272–3282 🟡 Valid but less likely today unless 3291 breaks Stucture: FVG fill + minor OB Good for continuation if NY fakes out into discount 🟢Buy Zone 3: 3224–3233 🧱 Strong HTF EQ zoneReactive demand with imbalance Use for NY deep pullback + structure reclaim 🟢Buy Zone 4: 3150–3190 ⚠️ HTF only – not expected to trigger today Long-term reversal zone, use with caution unless major drop happens 🔍 FINAL STRATEGY NOTES Watch 3318–3330: Mid-structure, key battle zone → avoid entries here Best plays: → Sell from 3330–3341 if rejection forms → Buy retest of 3291 ONLY with clean confirmation Avoid counter-trend limit orders — wait for BOS/CHoCH on LTF 📌 Important Notice!!! The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
FOREXCOM:XAUUSD
by GoldMindsFX
Crude Oil Hits a Ceiling — Will This Confluence Break or Bounce?Price tapped the 65.2 resistance zone (yellow line) and immediately pulled back — showing some hesitation around that confluence of resistance (horizontal + trendline). This zone has acted as a ceiling before, and now it's back in play. What I’m Seeing: - Clean rejection from 65.2 - A clear rising trendline still holding below - Bearish wicks showing early signs of hesitation - Confluence of red and green trendlines (compression forming?) Trade Plan (Not Financial Advice): I’m personally watching for either: ✅ A strong break above the confluence for possible long entries ❌ Or a rejection followed by confirmation for a short setup The breakout could be clean — or it could trap bulls/lure bears… staying patient. Levels in Play: - Resistance: 65.2 - Support: 63.5 Possible breakdown below the green TL could shift the short-term bias No setup, no trade. My edge is in waiting — not chasing. Cheers! pClem Trades
VANTAGE:USOUSDLong
by clementoyinlola
EURUSDHello Traders! 👋 What are your thoughts on EURUSD? After a strong bullish rally that led to a breakout above the 1.12 resistance zone, EURUSD is now undergoing a correction. We expect the price to pull back toward the identified support zone, where it may find demand and begin a new bullish wave. As long as the price holds above the specified support zone and the ascending trendline, our outlook remains bullish. A successful retest of support could pave the way for the next leg higher. Will the pullback offer a buying opportunity, or is a deeper correction ahead? Share your thoughts below! Don’t forget to like and share your thoughts in the comments! ❤️
Long
by HAMED_AZ
15
Forming Bearish Head and Shoulders PatternWelcome to today's analysis! Let’s break down the current price action on CRYPTOCAP:LTC and potential trade setups. 🌐 Overview: CRYPTOCAP:LTC Forming Bearish Head and Shoulders Pattern 📈 CRYPTOCAP:LTC is currently forming a head and shoulders pattern, which is typically bearish and could indicate a potential downward move. 🔄 Current Scenario: CRYPTOCAP:LTC has formed a left shoulder, head, and is now developing the right shoulder. The purple neckline is a key support level to watch. A break below the purple neckline could signal a bearish continuation and a potential move toward the green line target level. 🔑 Key Levels to Watch 🔴 Neckline Support: Purple Neckline (Key level to watch for a breakout) 🟢 Target: Green Line Level (Measured move equal to the distance from the head to the neckline, projected downward from the breakout point) 🛠️ Trade Scenarios 📌 Bearish Scenario (Breakout Below Neckline) If CRYPTOCAP:LTC breaks and holds below the purple neckline support, it could move toward the green line target level. This breakout would confirm the head and shoulders pattern and suggest a potential downward trend. 📌 Bullish Scenario (Failure to Breakout) If CRYPTOCAP:LTC fails to break below the purple neckline and instead moves higher, it could retest the resistance levels within the pattern. A failure to hold below key resistance levels could indicate a potential reversal or further consolidation. 📌 Conclusion CRYPTOCAP:LTC is forming a head and shoulders pattern. A breakout below the purple neckline support could signal a bearish move toward the green line target level. If the price fails to break out, further consolidation or a retest of resistance levels may be necessary
Short
by WaveRiders2