GOLD UPDATEHello friends
As you can see in the picture, everything is clearly defined.
After a strong rise, we see a double top pattern at the top of the channel, which indicates that we should gradually wait for a correction.
Now, how far will the correction continue? In the picture, we have identified the support levels that the price can reach.
*Trade safely with us*
Double Top or Bottom
SHORT ON AUD/USDAUD/USD has given us a double top at a major resistance area/zone.
It has currently formed a lower high after giving us a change of character (choc) to the downside.
I expect price to drop to the next demand level for 200-300 pips.
Dxy News for the rest of the week should help fuel the move if positive for the dollar.
Ethereum: Falling Wedge, Double Bottom and MACD Divergence AlignA powerful bullish setup may be forming on ETH — but confirmation is everything. Watch how the falling wedge, double bottom, and MACD divergence align for one of the cleanest potential long opportunities.
Ethereum is now shaping a potentially powerful reversal structure, combining a falling wedge, a possible double bottom, and bullish MACD divergence. The price has been moving inside a well-defined downward channel since the December highs, gradually compressing within this wedge — and from my experience in both trading and teaching, Ethereum loves falling wedges. This pattern has historically worked well for ETH in previous cycles.
But it’s not enough to simply break out of the wedge. For the double bottom to fully confirm, price must also hold above the key ~$2,100 zone. Only then will all three factors — the wedge breakout, the double bottom confirmation, and the MACD bullish divergence — work together, aligning like a perfect constellation. I often say to my students: these moments are the trader’s “planetary alignment” — the rare setup where technicals support each other instead of contradicting.
If ETH manages to clear and retest this zone successfully, the structure opens the way toward the next targets at $2,350, $2,555, and potentially $2,800, as marked on the chart. These levels reflect previous accumulation zones and key reaction areas.
Another important factor is the correlation across markets. Bitcoin is also forming a double bottom, and we’re seeing a similar structure on the S&P 500. This potential synchronized movement between crypto and equities makes the setup even more interesting. Such alignment across assets doesn’t happen often — and when it does, it’s worth paying attention.
The key now is not to jump the gun. A clean breakout without confirmation often leads to fake moves. What I’m watching closely is whether ETH can close and hold above $2,100. Only then this setup becomes truly valid, offering an attractive entry point with a well-defined risk.
In my opinion, this is one of the most constructive technical scenarios we’ve seen on Ethereum in the past months. If the market confirms — the long opportunity here may come close to textbook perfection.
SHORT ON NZD/USDNZD/USD Is currently at a major resistance level/zone and has created a double top or equal highs.
Price has started to fall a bit, but I do believe price will rise to take out the equal highs in a "Liquidity hunt"
Overall I am taking a market execution sell on NZD/USD to the next demand level looking to catch over 300+ pips.
GBPAUD Retests Double Top NecklineGBPAUD has broken the key support level of a double top pattern. The price is now caught between two important zones: the neckline of the double top, which is now acting as resistance, and the former resistance zone at 2.0725–2.0775, which has turned into support.
If this support fails, GBPAUD may continue toward the double top’s projected target near 2.04. However, if the neckline is reclaimed, the bearish setup would be invalidated.
4/21 Gold Trading StrategyGood morning, everyone! A brand new week begins—wishing us smooth trades and great success ahead.
Looking back to last Thursday, our gold short strategy hit the mark perfectly. Prices dropped nearly $60 as expected, and we captured around $45 in profit from that move. Overall, we secured over $200 in profit space last week—an excellent performance.
Today, gold opened higher and continues to climb. Technically, bulls still have room to push higher, with 3360 as a key resistance level. However, judging by the current momentum, we may even see a test of 3400. That said, trading is about precision, not perfection. If prices approach 3380 and the upward momentum stalls, it may be time to watch for a pullback. On the other hand, if strength continues, holding some light long positions remains a relatively low-risk strategy.
Trading Strategy for Today:
📉 Sell in the 3380–3410 range
📈 Buy in the 3307–3280 range
🔁 Flexible trades between 3360–3330 / 3272–3315
USDCAD: Bullish Outlook & Pullback From Support 🇺🇸🇨🇦
There is a high chance that USDCAD will turn bullish after the market opening.
I spotted a strong bullish confirmation after a test of a key intraday/daily support.
A triple bottom formation and a breakout of its neckline provide a reliable
bullish signal.
Probability will be high that the price will bounce at least to 1.3676 level.
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LTC/USDT:BUYHello friends
Due to the good price growth, we see that the price has hit a lower ceiling and has fallen, which we can buy in stages during the price decline, within the specified ranges and move with it to the specified targets.
Observe capital and risk management.
*Trade safely with us*
TME Triple TopTME looks like a triple top. See reference image. I do believe we will return to the range between $5.50 - $10.50, and see a low in the 5-$6 range over the next several months. We can see a bearish divergence aligns with the three tops (RSI is decreasing for each of the three tops).
As always, classical technical analysis patterns increase in probability when utilized on the longer timeframes. We can see this setup forming on the weekly-timeframe, which I believe significantly increases the reliability of this setup.
Good luck, stay safe, have fun, and make money my friends.
4/17 Gold Trading StrategyYesterday, the escalation of the tariff issue significantly strengthened bullish momentum in gold, leading to a one-sided upward move. There’s no need for lengthy analysis today — in this kind of market condition, the focus should be on identifying sell opportunities. A sustained rally like this is almost always followed by a correction, even without any additional catalyst.
Furthermore, today’s initial jobless claims data may provide an opening for the bears. Even if the data is bullish for gold, the likelihood of another sharp rally is low at this stage.
Today’s Trading Recommendations:
Sell Zone: 3350 – 3390
Ideal for initiating short positions as gold approaches extreme levels.
Buy Zone: 3268 – 3252
Key support zone where long positions can be considered upon a pullback.
Range Trading Zone: 3330 – 3288
Suitable for flexible intraday trades based on market structure and real-time price action.
Summary:
After a strong one-sided surge, gold is now in overbought territory. Look for short setups at resistance zones, especially with potential catalysts like jobless claims data on the horizon. A healthy correction is both expected and necessary before any further sustained move upward.