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GOLD → Consolidation ahead of CPI. Chances for growth?FX:XAUUSD Gold is consolidating amid a correction in the dollar ahead of important news. Consumer price index data is due later today. The market is stagnant and will not move prematurely. On Tuesday, gold rose slightly amid profit-taking ahead of the US CPI release. Investors are waiting for a signal from inflation: weaker data could strengthen bets on a Fed rate cut and support gold, while strong inflation would strengthen the dollar and put pressure on the metal. The situation is exacerbated by Trump's new tariff threats and his criticism of the Fed chair. Let me remind you of Trump's pressure on regulators regarding inflation and interest rate cuts. Technically, gold is trading above the previously broken “symmetrical triangle” consolidation. Bulls are trying to hold their ground above 3340-3350. Focus on the current range of 3340-3373 Resistance levels: 3373, 3394 Support levels: 3350, 3340 Favorable news for gold could boost interest in the metal, which would generally lead to growth. However, there is a factor of unpredictability, and against this backdrop, gold may test support at 3350-3340. If the bulls manage to keep the price above this zone, we may see growth in the medium term. Otherwise, the price may drop to 3310-3280. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
9
HelenP. I Bitcoin will go to a correction after a strong impulseHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart, we can see that the price has recently made a powerful impulse upward, breaking out of a long consolidation range between 110500 and 102500. This range acted as a strong accumulation zone, where the price bounced multiple times from both support levels. After the breakout, Bitcoin gained momentum and pushed sharply toward the 122000 mark. Now, after this sharp rally, I believe a correction is highly probable. Often, after such strong bullish moves, the market tends to pull back to retest the trend line or previous breakout zones. In this case, the trend line has been respected several times and now aligns with the 117500 area, which also acts as local support. That’s why I consider this zone to be a logical target for the correction. I expect BTCUSD can drop from the current highs and retest the trend line near 117500 points - that is my main goal for this setup. If the trend line holds, buyers may return to the market and push price higher again. Given the strong impulse, the breakout from consolidation, and the importance of the trend line, I remain bearish short-term and expect a drop toward 117500 points. If you like my analytics you may support me with your like/comment ❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:BTCUSDShort
by FirstNameHelen
18
ETHEREUM → Correction to 2900 before growth BINANCE:ETHUSDT is entering a correction after a strong breakout of resistance. At the same time, Bitcoin is falling from 123K to 116K, triggering a pullback across the entire market... On D1, ETH is facing strong resistance and is not yet ready to break it (it lacks strength after the rally). The most likely scenario after a false breakout is a correction to support. But the main focus is on Bitcoin — will there be a correction or a reversal of the local trend? If the flagship continues its decline, the cryptocurrency market will humbly follow suit. ETH has a nearest zone of interest at 2913, where liquidity capture could attract buyers, but I do not rule out the possibility that the correction could go much deeper before further growth, for example to 2879-2827 (support on D1). Resistance levels: 2992, 3041 Support levels: 2913.7, 2879, 2827 Technically, consolidation against a bullish trend. Confirmed support area 2913 - 2879. As part of the correction, the market is interested in capturing liquidity. If, against the backdrop of the current correction, the bulls manage to hold their ground above the specified support, ETH may still surprise us with its growth :) Best regards, R. Linda!
Long
by RLinda
5
GOLD → Consolidation. Long squeeze before growth to 3400FX:XAUUSD has broken through resistance at 3353-3357 since the session opened, and bulls are currently trying to keep the market in the buying zone. Should we expect a long squeeze before growth? Gold is in local consolidation after breaking through a key level. The price is still in the consolidation phase formed during a week-and-a-half correction. The price reached a three-week high of $3,374 on Monday but fell after the EU's conciliatory statements. Investors are awaiting US inflation data and Chinese GDP figures as they assess the prospects for a Fed rate cut. Heightened geopolitical and trade tensions are keeping demand for safe-haven assets high. Technically, gold has entered a local buying zone, but there is a fairly complex resistance zone above it, and consolidation is needed to break through it. Such patterns could include a retest of support and a liquidity grab before growth. Resistance levels: 3373, 3394 Support levels: 3357, 3353, 3345 There is a possibility of a retest of eql 3353 in a long squeeze format and a return to resistance at 3373 for a breakout. I also do not rule out a retest of the key level of 3345. The global trend is bullish, with the price locally in a fairly wide range, with an emphasis on the support zone of 3345-3355. If the bulls can hold this zone overall, the market will have a good chance of rising to 3400-3450 Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
26
NZDCHF → Pre-breakdown consolidation on a downtrendFX:NZDCHF is forming a pre-breakout consolidation amid a downtrend. Focus on support at 0.4759. Global and local trends are down... On July 10-11, the currency pair attempted to break out of the trend. In the chart, it looks like a resistance breakout, but technically it was a short squeeze aimed at accumulating liquidity before the fall. We can see that the price quickly returned back and the market is testing the low from which the trap formation began. The risk zone for the market is 0.4759 - 0.475. In simple terms, this is a bull trap against the backdrop of a downtrend. The NZD has passed through the risk zone. At this time, the currency pair is forming a pre-breakout consolidation relative to the support level of 0.4759 with the aim of continuing its decline. Support levels: 0.4759, 0.4753 Resistance levels: 0.477, 0.4782 A breakout of the 0.4759 level and consolidation in the sell zone could trigger a continuation of the decline within the main and local trends. Best regards, R. Linda!
Short
by RLinda
2
LAXMIDENTL : Consolidation Breakout#LAXMIDENTL #breakout #breakouttrading #ipostock LAXMIDENTL : Swing Trade >> Consolidation Breakout >> Volumes Building up >> Stock in Momentum >> Good Strength in stock >> Trending setup Swing Traders can lock profit at 10% and keep trailing Pls Boost, Comment & Follow for more analysis Disc : Charts shared are for Learning purpose not a Trade Recommendation, Take postions only after consulting your Financial Advisor or a SEBI Registered Advisor.
NSE:LAXMIDENTLLong
by moneyfesttrading
GBPUSD → Correction amid a global bullish trend...FX:GBPUSD is testing the 1.345 - 1.35 area as part of a correction. The price is closing the imbalance zone and testing support, which may trigger a reaction. Further developments will largely depend on the dollar, which is testing resistance. The daily market structure is quite strong. The correction against the backdrop of a strong trend is within acceptable limits, and bulls should fight to keep the price away from risk zones. GBPUSD, as part of the correction, closes the imbalance zone of 1.34 - 1.35 (0.7 - 0.79f) and forms a false breakdown of the intermediate support level of 1.3476. If buyers hold their ground in the 1.347-1.35 zone, the currency pair will be able to return to the global trend. Support levels: 1.3476, 1.345, 1.3382 Resistance levels: 1.3511, 1.359, 1.375 Price consolidation above 1.349 - 1.350 will confirm the market's intentions. In this case, we can expect growth to 1.36 - 1.374. Best regards, R. Linda!
Long
by RLinda
14
BITCOIN → Stopping after the rally? What next? 125K or 110K?BINANCE:BTCUSDT rose and updated its historical maximum to a new record of 118K with “kopecks” (different prices on different exchanges). Now the price has supposedly stopped and entered a consolidation phase, but it is too early to draw any conclusions based on this alone... Fundamentally, Bitcoin rose following the SP500 and NQ100 indices. The reasons are clearly geopolitical. The correlation level is not high, but the flagship is following the stock indices, which are also updating their historical highs. Technically, Bitcoin has emerged from a two-month consolidation and entered a realization phase. So what's next? Continuation of the phase or correction? Let's take a look. On the daily chart, I would highlight two zones. The risk and sell zone is below 117,500. If the price closes below this zone today/tomorrow, we will most likely be able to look for signals for a possible correction. As part of the correction, we can expect a decline to 115,500, 114,300, or even to the old ATH of 112K. The second zone is the buying zone. A closing price above 118,400–118,900 and consolidation with the gradual formation of a breakout of structure may hint at a possible continuation of growth toward psychological targets. Resistance levels: 118,400, 118900 Support levels: 117100, 116700, 115500 In the chart above, I have highlighted the situations, levels, and zones that interest me more precisely. Now I am waiting for Bitcoin to retest resistance or support and confirm certain levels, based on which decisions can be made. I think that in the near future, Bitcoin will show us where it is headed. Updates will be published as something interesting emerges... Best regards, R. Linda!
Long
by RLinda
52
SOLUSDT → Countertrend correction and hunt for liquidityBINANCE:SOLUSDT looks quite promising on the bullish side. The price is testing one of the key resistance levels within the local trend rally. A correction is forming. Is it beneficial for us? On the higher timeframe, we see a change in character, a breakout of the trend resistance, and the formation of an upward trend support line. Bitcoin is still bullish (locally) at this time, but it is consolidating, which generally provokes a correction in SOL as well. Focus on the 150-149 area. If the bulls are able to keep the price above this zone after the retest, followed by the formation of momentum, this can be considered a positive medium-term sign. Locally, the price within the trading range of 149.36 - 158 is heading towards the area of interest and liquidity (eql) at 149.36. The current sell-off is most likely triggered by a large player seeking a more favorable entry into the market. Resistance levels: 154.75, 156.8 Support levels: 149.36, 147.93 In the current situation, it makes the most sense to consider an intraday trading strategy. A countertrend correction and a retest of support could attract buyers... Best regards, R. Linda!
Long
by RLinda
13
GOLD → Retest of consolidation resistance. Breakout?FX:XAUUSD is consolidating in a symmetrical triangle pattern. The price is stabilizing amid a falling dollar and uncertainty... Gold is recovering after falling to $3,283 thanks to a weaker dollar and lower bond yields amid concerns over Trump's new tariff threats. The announced tariffs against seven countries, including Brazil and the Philippines, have heightened tensions, partially offsetting the Fed's hawkish signals. Markets are now awaiting new data from the US and speeches by Fed officials, which could influence the further dynamics of gold. Technically, gold is squeezed between the resistance and support of a symmetrical triangle. The price is being aggressively pushed away from support within a bullish trend, but at the same time, gold is testing resistance for the fifth time, which only increases the chances of a breakout. Resistance levels: 3330, 3345, 3358 Support levels: 3308, 3295 If gold continues to storm the local resistance at 3330 and the triangle resistance during consolidation, we will have a good chance of catching the breakout and growth. An additional scenario could be growth after a shake-up of the triangle support and the global trend. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
30
GOLD → Distribution. There is potential for growth to 3450–3500FX:XAUUSD breaks through consolidation resistance and forms a distribution pattern. A breakout of 3345-3358 could lead to another rally amid high economic risks... Gold is rising for the third day in a row amid growing concerns about new tariffs announced by Trump. He threatened to impose tariffs on Canada and most of its trading partners, as well as the EU. Despite the strengthening of the dollar, demand for gold remains strong due to uncertainty and expectations for US inflation data next week. Investors are cautious ahead of CPI and the Fed's possible response The correlation between gold and the dollar is declining, with gold rising due to geopolitical reasons amid high economic risks. If the bulls keep the price above 3300-3345, the market could be extremely positive for 3400-3500. Resistance levels: 3345, 3358 Support levels: 3330, 3308 Gold has broken through the resistance of the “triangle” consolidation pattern and is forming a distribution phase towards the zone of interest 3345 - 3358, from which a small correction may form before growth. Since 3345 is an intermediate level, the focus is on 3358. I do not rule out the possibility of a long squeeze of the support levels 3330, the triangle support, and 3310 before the growth continues. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
15
EURAUD → Correction for accumulation before growthFX:EURAUD reaches the zone of interest during a correction and forms a false breakdown of local support. Traders can switch to the buy side to support the trend. Against the backdrop of a global bullish trend and a correction in the euro, the currency pair is following this movement, the essence of which is to consolidate funds for further growth. Liquidation is forming in relation to the liquidity zones of 1.785, 1.78, and 1.773, and the market imbalance is changing. The current movement is bringing the price to the zone of interest: the liquidity area of 1.773 and the order block. The capture of liquidity relative to 1.773 leads to the formation of a false breakdown and a pullback to the area of interest for buyers. Accordingly, price consolidation above 1.776 and 0.7 Fibonacci could support the main trend and allow the price to strengthen. Support levels: 1.776, 1.773, 1.763 Resistance levels: 1.786, 1.795 The euro clearly demonstrates an upward trend, the structure of which has not been broken during the correction. Correction is a perfectly healthy movement within a trend, allowing positions to be opened at more favorable prices. If the bulls hold their defense above 1.776, momentum towards the specified targets may form. Best regards, R. Linda!
Long
by RLinda
6
XRPUSDT → Resistance ahead. Correction before growthBINANCE:XRPUSDT is rising after breaking through consolidation resistance. Bitcoin's rally supported the overall market momentum, but a new resistance zone lies ahead... Bitcoin is testing its ATH and updating it, but is facing pressure and forming a false breakout. A correction in the flagship coin could trigger a correction in XRP, but if Bitcoin continues to storm the 112K area without a pullback, followed by a breakout, the market could find support and continue to rise. After XRP broke through resistance, the coin entered a distribution phase and is testing an important resistance zone of 2.4488 - 2.4772. The inability to continue growth, a false breakout, and price consolidation in the selling zone could trigger a correction. Resistance levels: 2.4488, 2.4772, 2.6524 Support levels: 2.3587, 2.3375, 2.2455 Despite breaking through resistance, XRP is still in a local downtrend. Pressure on the market is still present. The formation of a false breakout will indicate that growth is limited for now. However, if the price consolidates above 2.4772 and begins to break out of the local structure, we can expect growth to continue. Best regards, R. Linda!
Long
by RLinda
12
Hero MotoCorp — Daily Chart Breakout Trade SetupHero MotoCorp — Daily Chart Breakout Trade Setup Range Bound: The stock has been consolidating between ₹4,170–₹4,400 for the past several weeks. Structure: This is a classic rectangle consolidation, often a continuation pattern. Volume: Watch for volume expansion on the breakout; prior breakouts lacked follow-through due to low volumes. Higher Timeframe (Weekly/Monthly) charts show a bullish continuation since mid-May, with high-volume candles across weekly and monthly charts Key resistance zones: Weekly resistance lies between ₹4,930–₹5,000. Strong fundamental macro tailwinds: March sales show robust performance in both domestic ICE and EV segments (Vida) 🔍 Key Confirmation Signals for a Potential Trade ✅ Strong daily candle close above ₹4,420 ✅ Above-average volume on breakout ✅ RSI crossing 60 on breakout adds momentum confirmation ⚠️ Risk Management Notes Avoid early entry within the range (false breakouts possible) Wait for EOD close above resistance for confirmation Consider a trailing SL once the stock crosses ₹4,500
NSE:HEROMOTOCOLong
by manuagarwal21
BITCOIN → Market manipulation. Chance for growth to 110KBINANCE:BTCUSDT , as part of a correction triggered by negative news from the US regarding tariffs, is testing liquidity in the support zone. There is a chance of recovery to 110K. Bitcoin is reacting with a decline to fundamentally negative data on tariffs from Trump. Technically, the price is facing support and forming a false breakdown, the purpose of which was to capture liquidity. This could lead to a recovery within consolidation in an uptrend, but again, there are conditions... Countries that have received notification of tariffs are responding positively to cooperation (if this trend continues, Bitcoin could receive a local bullish driver). The market perceives this as positive, and after liquidity is captured, the price could recover to the resistance of the trading range. Resistance levels: 108230, 109690 Support levels: 107500, 106500 Bulls are trying to hold the local interim bottom at 107500. There is a reaction to the false breakdown of support. The focus is on 108230; if the market can break through this level, we will have a chance to grow to 110K. Best regards, R. Linda!
Long
by RLinda
16
GOLD → Readiness to test the local bottomFX:XAUUSD is under pressure from the rising dollar and uncertainty, breaking through support levels, which opens up a corridor for the market to fall to 3255 - 3246 The price of gold is consolidating around $3300 after falling more than 1% amid expectations of the Fed minutes and news about tariffs. Investors remain cautious: the dollar is supported by hopes for US trade deals, while the threat of new tariffs from August 1 is holding back gold's growth. Weak inflation data in China did not support the metal, while expectations that the Fed will not rush to cut rates due to inflationary pressure from tariffs are also limiting interest in gold. Traders are waiting for the Fed minutes and new statements from Trump to determine the further direction. Technically, the market looks weak (on D1, the price closed below the key level of 3300 on Tuesday) and there is a chance of a further decline. Resistance levels: 3300, 3311 Support levels: 3295, 3255, 3246 Consolidation below 3295-3300 could trigger a further decline to 3255, from which the market could react with a correction. Buying can be considered if gold reverses the short scenario, manages to strengthen to 3311, and consolidates above this level. At the moment, the price is in the selling zone... Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
24
GOLD → Correction for confirmation before growthFX:XAUUSD is recovering due to increased demand as a safe-haven asset. After breaking through local trend resistance, an upward channel is beginning to form on the chart. On Monday, gold tested the 3295-3300 zone (liquidity zone) and, against the backdrop of incoming economic data, is buying back the decline, forming a rather interesting pattern that could lead to continued growth, but there is a but! Investors are reacting to President Trump's threats to impose tariffs on imports from a dozen countries starting August 1. In addition, the main question is the Fed's interest rate decision. The regulator is likely to leave the rate unchanged due to inflation risks. Uncertainty surrounding tariffs is supporting interest in gold as a safe-haven asset. The market is awaiting further news and the publication of the Fed minutes on Wednesday. Resistance levels: 3345, 3357, 3396 Support levels: 3320, 3311, 3295 A correction to support is forming. If the bulls hold their ground within the upward channel and above the key areas of interest, the focus will shift to 3345, a resistance level that could hold the market back from a possible rise. A breakout of this zone would trigger a rise to 3357-3396. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
23
GOLD → Buyers are hesitant due to new tariffsFX:XAUUSD continues its correction phase after updating local highs and breaking through trend resistance. The dollar is making traders nervous... After rising 2% last week, gold started Monday with a decline to $3,300 amid a stronger dollar due to the risk of new tariffs from Trump, who sent letters to 12 countries threatening to impose duties of up to 70% if no agreements are reached by July 9. This boosted demand for the dollar as a safe-haven asset. Gold is also under pressure from strong US employment data, which has dampened expectations of a rate cut. The market is focused on news on tariffs and the publication of the Fed minutes on Wednesday, which may clarify the outlook for monetary policy. Technically, the correction may end in the 0.7 Fibonacci zone, in the range of 3295-3300. After the formation of a reversal pattern, the market may strengthen to 3350-3360. Resistance levels: 3315, 3344, 3358 Support levels: 3300, 3295 Locally, the price is trying to consolidate below the range, which could lead to a decline to 3300-3295. If, during the correction from support, the market manages to consolidate above 3315, we can expect growth. Otherwise, a weak reaction at 3295 could lead to a retest of 3275 and consolidation in the selling zone, which could lead to a further decline to 3245 . BUT! We are closely monitoring the position of the US and Trump on tariffs, as he is once again issuing ultimatums to countries, to which the markets are reacting... Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
27
GBPUSD → Correction before the bullish trend continuesFX:GBPUSD is forming a trading range for consolidation of potential ahead of a possible continuation of growth as part of a countertrend correction. The dollar is trying to recover from its decline due to a local change in the fundamental background, but the global trend for the DXY is bearish. This could provide support for the GBP to continue growing, provided that the bulls hold their defense above the 0.5 Fibonacci zone of the main impulse movement. The market is holding GBPUSD within the trading range of 1.359 - 1.3675. The trend is bullish, and within the correction, liquidity may be captured from 1.359 before further growth. Resistance levels: 1.3675, 1.3764 Support levels: 1.359, 1.3511 If the reaction to the subsequent retest of support at 1.359 is weak, we can consider a continuation of the correction to the 0.7-0.79 Fibonacci zone, which would be the most favorable entry point for us (focus on 1.3511 — a false breakout will increase interest in buying). In the current situation, the focus is on 1.359. Best regards, R. Linda!
Long
by RLinda
5
Decision Zone for DXY This Week: Around 97.600After a significant downward expansion in DXY, we observed a consolidation around last week's low. This week, the market opened with a pullback. The first stop for this pullback appears to be the current daily fractal high candle and the weekly bearish FVG on the chart. We can assess potential selling pressure from this area on lower timeframes. We'll be monitoring the wicks within this zone, along with any newly forming FVGs. If the price breaks above this area, our next points of interest will be the gaps within the zone above the 0.5 swing level, and ultimately the swing high itself as the final target. Given the current setup, we believe there are promising trading opportunities on EURUSD. Take care until the next update!
TVC:DXY
by FundedTraderMarkets
SOLANA → Pre-breakdown consolidation may lead to distributionBINANCE:SOLUSDT is declining and testing the support of the trading range as Bitcoin pauses after strong growth and enters a correction phase... SOL looks a bit weaker than Bitcoin technically, but SOLANA has some positive fundamentals, though that might not be enough. After forming a false breakout of key daily resistance, Bitcoin is moving into a correction phase. An update of local lows on the chart could trigger a drop across the entire cryptocurrency market. In SOL, the focus is on the two nearest levels of 148.75 and 145.64. A breakdown of support could trigger the distribution of accumulated energy within the specified range as part of a downward momentum. Resistance levels: 148.75, 151.2, 153.88 Support levels: 145.64, 138.59 The ideal scenario would be a false breakout of 148.75 (liquidity capture) and a retest of 145.64, followed by a break of support. Consolidation below 145.65 could trigger a drop to the zone of interest at 138.59. Best regards, R. Linda!
Short
by RLinda
6
EUR/USD breakout awaiting EUR/USD has not provided a clear structure over the past week or two. The pair appears to be in consolidation, building liquidity on both sides of the current range. At the moment, I’m waiting for a decisive breakout, ideally followed by distribution within the monthly supply zone, although that zone is still some distance away. This week, my focus will be on whether a new supply zone forms, closer to current price. If price sweeps the nearby equal highs and then shows signs of reversal, this could give us a fresh supply area to work from. Alternatively, if price moves lower, I’ll be looking at the 8-hour demand zone around 1.16000 for a possible long setup. Confluences for EUR/USD: - Although price has been slightly bullish, the current consolidation phase suggests a potential reversal could be on the horizon. - Liquidity is building on both sides of the range, making a reaction from the monthly supply zone increasingly probable. - There’s significant downside liquidity still untapped, such as Asia session lows, which could serve as short-term targets. - For clearer confirmation, we still need a decisive break in market structure to the downside. P.S. If price sweeps the lower liquidity and moves into the 8-hour demand zone near 1.16000, I will be watching for accumulation to form and signs of bullish intent from there.
by Hassan_fx
3