Gold-----Sell near 3405, target 3390-3360Gold market analysis:
Yesterday's daily line closed with a big negative line, which was basically a day to kill the buying. Today's idea is to sell in the short term. The daily and weekly trends have not yet turned to selling. Although the daily line closed with a big negative line yesterday, its shape and indicators have not completely turned to selling. There is still motivation to buy in the later stage. In addition, Iran and Israel are still fighting. It is still difficult to see a deep decline in the short term. We estimate that today's Asian session will rebound slightly and then fall. If today's daily line continues to fall again, it may enter a new short-term selling mode. We are just a follower. We follow the short-term. If the short-term trend is bearish, we will rebound and sell. The daily line closes the negative Asian session and waits for the opportunity to sell.
In the Asian session, we pay attention to the suppression of the 3410 position. It is the suppression position of the shape, the suppression position of the 1-hour moving average, the central axis position of yesterday's big drop, and the suppression position of the daily line. If the Asian session stands on 3410, it may bring a new technical rise in buying. After all, the shape of the daily line is still buying. Secondly, if it breaks 3382, it can continue to sell it with a small rebound. 3405 is also a suppression, and it is also considered to sell when it is close.
Pressure 3405 and 3410, support 3282, the strength and weakness dividing line 3400.
Fundamental analysis:
Yesterday, Iran and Israel started bombing each other again, and the situation began to escalate.
Operation suggestion
Gold-----Sell near 3405, target 3390-3360
Chart Patterns
GBPUSD Will FOMC and BOE Drive the Next Move?GBPUSD Will FOMC and BOE Drive the Next Move?
GBPUSD completed a bearish harmonic pattern near the end of May, signaling downside potential.
Despite multiple attempts to decline, rising geopolitical tensions in the Middle East and the FED’s reluctance to cut rates have kept price movements in check.
The pair repeatedly tested the 1.3600 resistance zone, but finally moved down by nearly 160 pips yesterday.
With the FOMC Interest Rate decision today and BOE’s rate announcement tomorrow, the market could see a rebound ahead of FOMC for a larger correction, potentially setting up for a decline tomorrow.
While this remains an assumption for now, as long as the harmonic pattern remains valid, further downside remains a possibility.
You may find more details in the chart!
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GBPJPY I Expect a Rally from the Buy Zone in the 1H Time FrameDescription:
I'm viewing the 195.116–194.845 range on GBPJPY as a strong buy zone. My target is 196.088. Once the trade setup becomes active or the target is reached, I’ll be sharing an update here. Stay tuned!
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Stratis Reveals A Bullish Bias Across The AltcoinsThe market is set to resume growing, the proof is in the charts. Stratis (STRAXUSDT) was one of the first projects to move strongly after its 7-April low. Here you can see a 150% jump within 10 days.
This type of move always reveals two things. The start of the next bullish cycle and the fact that the bottom is in. Both are one and the same.
Once the bottom hits, only growth is possible or else the bottom is not in. Once a new bullish cycle starts, then there can't be any new lows so the last low present on the chart must be the bottom.
After the initial bullish breakout we get the classic correction, now two months strong. The correction found support at the same level support was found in November 2024.
Here is the interesting part. Stratis was one of the first projects to move strong, seeing it getting ready to produce a new bullish wave, reveals that the market is done with its correction and will resolve to produce rising prices. What one does, the rest follows. Some projects move first though.
This is the signal. It is still very early of course, but that is the advantage we can enjoy by looking daily at the charts.
I will do a short-term trade-signal for this pair.
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XAU/USD) Back support level Read The captionSMC trading point update
Technical analysis of XAU/USD (Gold Spot vs U.S. Dollar) – 2H Timeframe:
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XAU/USD Bearish Rejection from Resistance – Short-Term Sell Setup
Key Observations:
1. Rejection from Upper Channel & Resistance Zone:
Price was rejected sharply after touching the upper boundary of the ascending channel and the newly established resistance zone (~3400–3420).
A strong bearish candle confirms selling pressure at the top.
2. Support Retest in Progress:
The price is currently descending toward the EMA 200 and the KYY support zone (approximately 3343–3348).
The previous bounce originated from this level, making it a significant retest zone.
3. EMA 200 as Confluence:
The 200 EMA (currently at 3346.92) aligns with the support zone, increasing the likelihood of a bounce or at least temporary pause in bearish momentum.
4. RSI Bearish Signal:
RSI has dropped below 50, confirming a momentum shift toward the downside.
Still above oversold territory, suggesting more downside room.
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Trade Idea:
Bias: Bearish (Short-Term)
Entry Zone: Around 3390–3400 (confirmed rejection area)
Target Zone: 3348 – 3343 (KYY support + EMA 200)
Stop Loss: Above 3425 (just above resistance zone)
Mr SMC Trading point
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Summary:
Gold has faced a clear rejection at a key resistance zone within an ascending channel, and is now targeting the EMA 200 and previous structural support. Short opportunities could be considered toward the 3343–3348 zone, with RSI and price action supporting the move.
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Bitcoin– bearish momentum builds after rejection at $109KIntroduction
Bitcoin (BTC) is currently showing weakness after forming a lower high at $109,000. This level acted as a significant point of rejection, and since then, BTC has been moving lower. The price has broken through key support areas, indicating a possible shift in market structure. In this analysis, we’ll break down the recent price action, explain the technical signals behind the move, and discuss what could be expected in the short term.
Rejection from the 0.786 Fibonacci Level
The rejection at the $109,000 level aligns perfectly with the 0.786 Fibonacci retracement on the 4-hour timeframe. This level is often seen as a strong resistance point during corrective moves, and in this case, it held firmly. The precision of this rejection gives it more weight, and since hitting that point, BTC has been steadily declining. This move down suggests that buyers were unable to push through the resistance, leading to increased selling pressure.
Break of the 4H Bullish FVG
As BTC started its decline from $109,000, it broke through the bullish Fair Value Gap (FVG) that had formed earlier on the 4-hour chart. This gap previously served as a support zone but has now been decisively broken with strong volume. The loss of this level is significant, as it marks a breakdown of the bullish structure and opens the door for further downside movement. In the process of this move lower, BTC has created a new bearish FVG on the 4-hour timeframe. This gap remains open and could potentially act as a magnet for price to revisit, offering a possible short entry if price retraces into that zone. However, the clear break below the previous bullish FVG indicates a shift in momentum and supports a more bearish bias for now.
Downside Target at $102.7K
Given the recent breakdown, the next key level to watch is around $102,700. This area marks the wick low on the 4-hour timeframe and stands out due to the size and sharpness of the wick. Such large wicks often leave behind unfilled orders, which markets tend to revisit over time. The presence of these resting orders makes this level a likely target for the ongoing move down. It also acts as a strong area of potential support, where buyers might step back in if the price reaches that point.
Conclusion
With the rejection from the 0.786 Fibonacci level and the failure to hold the bullish 4H FVG, BTC has shown clear signs of weakness. The breakdown in structure suggests a continuation to the downside is likely, with $102.7k being the most immediate target. This level could serve as a strong support zone due to the unfilled orders left behind by the previous wick. Until BTC reclaims key support levels or shows a shift in momentum, the bias remains bearish in the short term, and traders should remain cautious while expecting further downside.
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Bitcoin Mid-Term, 4H Timeframe, Bullish ($119,165 Next Target)On the 4H timeframe we have a consolidation pattern with a bullish bias. Bitcoin is aiming higher after a close above EMA8 & 13 with higher lows.
The drop 13-June found support perfectly at 0.786 Fib. retracement on a wick. The session closed above 0.618. The action turned bullish immediately and we are seeing slow but steady growth.
The recent drop was a market reaction due to a geopolitical situation. As soon as the event is priced in, the market seeks balance and goes back to its previous trend.
Bitcoin's bullish bias is not only supported by strong prices, $105,600 is very strong, but also by the altcoins and the cyclical nature of the market.
While Bitcoin already produced several new all-time highs this year the altcoins are yet to do the same. A bull market happens every four years or the year after the halving. For Bitcoin this is already true but this is a marketwide event and the altcoins are yet to go there and this is a bullish factor and soon this will be obvious on the chart.
We are 5-6 days away only from very strong bullish action. Notice that this isn't a long time, it is less than a week. The altcoins will reveal this bullish bias much sooner than Bitcoin but Bitcoin will also grow and hit a new all-time high soon. This new all-time high will be the catalyst for everything to boom.
» Ignore the short-term it is all noise—crypto is going up.
The next target is $107,558, followed by $109,508 on this timeframe. The latter being a mild resistance.
The main target here is $119,165 and this is a good resistance zone. It can be rounded up to $120,000. If this level gets hit it will only confirm additional growth. The target that follows is $130,000 and the minimum for this cycle is $160,000 but we are aiming higher.
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GBPUSD may form a false break of supportGBPUSD has wasted the entire daily move (ATR) and is forming a false break of the mirror level support and trading range support. The price fell on the background of the dollar growth (which is trading on the background of the global downtrend)
Now, while the price is consolidating below the mirror level, sellers (physical persons) open deals. But, based on the situation and spent ATR when the price returns inside the range there will be a liquidation stage, which can provoke the price growth
The price fixing above 1.34437 may be the beginning of a pullback (trend growth).
Scenario: if the decline does not continue, and the price is able to consolidate above 1.3448, in this case we can expect a correction to 1.35, 1.353.
Bitcoin: Strong Support Holds Amid Market UncertaintyBitcoin: Strong Support Holds Amid Market Uncertainty
Bitcoin recently tested a key support zone near 102,670, bouncing back in alignment with the broader bullish trend.
The ongoing Middle East conflict continues to reinforce BTC’s strength, establishing another solid support level at 102,650, which signals that the price remains well-supported by buyers around this zone.
For Bitcoin to dip below this area, it would likely require significant market manipulation or unexpected developments.
At present, BTC suggests an upward trajectory, potentially reaching 107,850, 109,100, and even a retest of the previous highs near 111,500.
You may find more details in the chart!
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EURGBP: A Bullish Weekly OutlookEURGBP: A Bullish Weekly Outlook
This is an analysis I shared last months from a weekly perspective. The chart shows that the price increased by approximately 500 pips.
EURGBP tested an old weekly support zone that has consistently proven strong over time. Once again, the price reacted well, though it remains hesitant to extend its rise. However, bullish pressure is evident each time the price dips into the blue zone.
In May, this area was tested again, and EURGBP responded clearly, reinforcing the significance of this support. Historically, EURGBP has tested this zone in 2016, 2017, 2020, and 2022, each time showing notable reactions.
Following the start of an uptrend, EURGBP has previously gained between 400 to 900 pips, highlighting the potential strength of future movements.
You may find more details in the chart!
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Previous analysis:
DeGRAM | GOLD aim to test the lower boundary📊 Technical Analysis
● Hourly price is defending the channel’s lower half: three consecutive wicks bounced at 3 360, forming a descending flag whose base coincides with the dynamic support.
● OBV is edging higher while the flag narrows; a close above 3 408 would unlock the flag-measured move toward the upper rail / horizontal target at 3 444–3 450.
💡 Fundamental Analysis
● World Gold Council reports India’s jewellery demand rebounded 8 % w/w as monsoon concerns eased, while CME data show fresh 6 K-lot COMEX short-covering after the latest FOMC testimony tempered rate-hike talk.
✨ Summary
Long 3 360–3 380; flag break > 3 408 eyes 3 444 → 3 450. Bull view void on an H1 close below 3 343.
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HelenP. I Bitcoin will continue to move up inside triangleHi folks today I'm prepared for you Bitcoin analytics. After rebounding from the support level, the price initially showed strength and moved upward. However, the bullish momentum was short-lived, and the price began a downward correction, forming a well-defined descending channel. During this decline, the price dropped below the support zone, confirming short-term bearish dominance. Despite this breakdown, bulls regained control, and the price started forming a series of higher lows, resulting in the development of a symmetrical triangle. This structure signals compression and potential preparation for a breakout. The current price action confirms that BTC is now recovering within this triangle, supported by the upward trend line drawn from the recent lows. Given the strength of this recovery and the stabilization above the support zone, I expect the price to make a small correction and then continue climbing toward the resistance level at 110000. That’s why my current goal remains focused on this level, representing both a psychological and technical barrier aligned with previous local highs. If you like my analytics you may support me with your like/comment ❤️
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ETH Short – Smart Money Setup | 17.06 🔍 Context:
After a strong dump on ETH, clearly visible on the 1H chart (left side of image), I waited for a retrace into the Fair Value Gap (FVG) zone — typical Smart Money behavior. That’s where I started looking for a short setup.
🎯 Entry Logic:
Now here's the part I’d love to discuss with you.
The classic and maybe "cleanest" approach would be to wait for a market structure break on a lower timeframe and then enter on the continuation, targeting rejection zones visible again on the 1H.
But…
Lately, I’ve been taking entries directly from FVG, even before the break, if another FVG forms on the lower timeframe inside the higher timeframe zone. That’s what happened here — I saw a second FVG form in the key area, and took the short from that.
Sometimes I even treat two FVGs in the same direction (on the same or different timeframes) as a valid entry point on their own.
🤔 Question to the community:
How do you usually approach this?
Do you wait for confirmation/structure break on the lower TF before entering, or do you also go straight from the FVG if the zone is respected well enough?
Would love to hear how others manage similar setups.
XAUUSD LONG XAUUSD has successfully broken its last high (Break of Structure), signaling a potential shift in momentum. Seeing that the pullback is almost coming to an end, it’s the best time to look for long trade.
✅ Target: Next key resistance or liquidity area above.
✅ Stop Loss: Just below the last low to minimize risk.
I dropped this idea 2 days ago.
Bitcoin Short-Term 4H Timeframe, Still Bullish But...Bitcoin continues bullish on the 4H timeframe and we have some positive signals coming out of the most recent swing and shakeout.
» The action went below 0.618 but is back above this level.
» The higher low did not reach 0.786 Fib. retracement support, which is a signal of strength.
» Trading volume continues to rise and as the action happens above $100,000, this signal works in favor of the bulls.
Short-term, Bitcoin continues green with the bulls in full control of the chart. When in doubt, zoom out; Crypto is going up.
This is obviously a consolidation pattern because we have higher lows but also lower highs. The revealing signal of course comes from the altcoins, look at Bitcoin Cash and you can get a good example.
The market will resolve bullish once the consolidation ends.
I say this based on market data and the charts.
If you agree leave a comment.
Thank you for reading.
Namaste.
We Are Milking EURAUD... Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per our two EURAUD analysis, we looked for shorts around the green structure and longs around the blue demand.
What's next?
📈EURAUD has been trading within the rising broadening wedge marked in blue, and it is currently rejecting the upper bound of the wedge which we consider an over-bought zone.
Moreover, the green zone is a strong structure and resistance.
🏹 Thus, the latest highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and resistance.
📚 As per my trading style:
As #EURAUD is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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BITCOIN The secret trend-line that no one notices..Bitcoin (BTCUSD) was under heavy selling pressure yesterday and even the 1D time-frame turned marginally bearish. What most seem to ignore however is the larger picture. On the 1W time-frame, BTC has managed to close the last 5 weeks above the Pivot trend-line.
What that trend-line is? It is the level that initially started as a Resistance from December 09 2024 to January 27 2025, closing all 1W candles below it, despite occasional candle wicks breaking above it. That confirmed it's status as a Resistance at the time.
Now we see the opposite, five straight 1W candles closing above that Pivot line. Check in particular, how flat the last two 1W candles closed, showcasing no just the high volatility that the market is under in the past weeks, but also the same amount of sellers and buyers existing in the market (neutral).
This is an indication that this is a consolidation phase, preparing BTC for the next rally. If we place the top Fibonacci level (1.0) on that Pivot, we get the 2.0 Fib extension just above the $145000 mark. That gels perfectly with various other studies we've conducted showing a similar long-term Target.
So do you think the Pivot line will hold and push Bitcoin to $145k? Feel free to let us know in the comments section below!
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WAIT FOR BREAKOUT AND GO LONG THIS MIGHT BE THE LAST CHANCEThis chart is a technical analysis idea for the OM/USDT pair on the daily timeframe from TradingView. Here's a breakdown of the idea:
🔍 Overview
Pair: OM/USDT
Exchange: Binance
Timeframe: 1D (Daily)
📉 Current Market Context
The price is in a strong downtrend, forming a falling wedge (marked with red trendlines), which is typically a bullish reversal pattern.
Price is currently around $0.2539.
📊 Key Levels (Support Zones in Green)
$0.2539 (Current Price)
$0.2390
$0.2285
$0.2250
$0.2224
$0.2100
$0.1882
$0.1115
$0.1016
These green lines represent support zones—potential reversal areas if price falls further.
🟨 Yellow Boxes
These are higher time frame demand zones or accumulation areas, suggesting stronger possible reversal points if price drops deeper.
Placed between $0.14 - $0.04 zone.
📈 Red Arrows
Indicate possible reversal paths:
A bounce from current levels
A dip into deeper support zones before bouncing
A flush into yellow zones before reversal
🗓️ Time-Based Prediction
The note says:
“19, 21, 23, and 30th June might be positive for OM”
This suggests a time cycle forecast—the analyst expects bullish price action on or around these dates, possibly based on astro-cycles, Gann analysis, or time symmetry.
"Despite expecting lower prices, the setup signals that investors are preparing for accumulation—especially near key dates and support levels."
✅ Summary
Wait for wedge breakout confirmation to go long.
Key bullish reversal dates: June 19, 21, 23, and 30
Multiple layered supports and demand zones to watch.
Ethereum: Is a Major Bullish Wave Coming?Ethereum: Is a Major Bullish Wave Coming?
Following our previous analysis, ETH dropped from $2,770 to $2,440, aligning with one of the anticipated price scenarios.
The support zone near $2,440 once again demonstrated its strength, pushing the price back up to $2,660. Given the strong accumulation pattern, the likelihood of a larger bullish wave is increasing.
A quick target for the current move stands near $2,800, and a breakout above the pattern could signal the start of the expected bullish trend, with the following key targets:
🎯 $3,300 🎯 $3,800 🎯 $4,500
You may find more details in the chart!
Thank you and Good Luck!
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GOLD → Consolidation. Awaiting the FOMC meetingFX:XAUUSD is consolidating in the range of 3403 - 3373. The problem is that there is news ahead. FOMC and interest rate meeting. The market may react in any unpredictable way...
On Wednesday, the price of gold retreated from $3,400 as sentiment stabilized and investors focused on the upcoming Fed decision. Tensions in the Middle East remain high, but there is less panic in the markets. The Fed is expected to leave rates unchanged. The focus is on forecasts for rates, growth, and inflation. Dovish signals could support gold and weaken the dollar. If the Fed is more cautious due to oil and the conflict in the Middle East, the dollar could rise and gold could fall.
Technical nuances are irrelevant in this case, as price behavior depends on the market's interpretation of fundamental factors.
Resistance levels: 3403, 3420
Support levels: 3373, 3339
BUT! Technically, I would say that there is pressure from the bears. The price is compressing towards the support level of 3373.
The market remains unbalanced in favor of buyers, and it is logical that market makers will be interested in testing the trend support zone or the 3339 level (due to the liquidity pool) before continuing to rise (gold may continue to rise both if rates are lowered and if they remain at the same level. However, the tone of the Fed will play a major role here)
Best regards, R. Linda!
USD/CAD)) Bearish Trand analysis Read The captionSMC trading point update
Technical analysis of USD/CAD on the 3-hour timeframe, using Smart Money Concepts (SMC) and classic technical analysis. Here's a breakdown
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Key Technical Insights:
Overall Trend:
The pair is in a clear downtrend, confirmed by:
Lower highs and lower lows
Price trading below the 200 EMA (currently at 1.37402)
Respect for the downtrend channel
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Resistance Zones:
1. Upper Resistance Zone (~1.38400 – 1.38750):
Strong historical sell area (price sharply reversed here in late May)
2. Mid Resistance Zone (~1.36450 – 1.36750):
Price reacted twice here and dropped.
Aligns with the downtrend line and was recently tested again (red arrow).
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Bearish Projections:
After the latest pullback into the resistance zone, price is expected to:
Reject the zone
Continue following the descending structure
Target marked around 1.35034, which coincides with:
Previous low
Lower boundary of the descending channel
Mr SMC Trading point
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Chart Tools & Features Used:
Trendlines: Clearly marking the downtrend channel
200 EMA: Used as dynamic resistance
Fib-like measured move: Mirrored previous impulse moves (-1.61%) suggesting a symmetric drop
Arrows: Indicating reaction points from resistance
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Conclusion:
Bias: Bearish
Invalidation: Break and hold above 1.36500 would weaken the bearish outlook.
Next Move: Potential sell setups on lower timeframe retests or bearish confirmations within the resistance zone.
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