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Harmonic Patterns

#FET/USDT#FET The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest. We are seeing a rebound from the lower boundary of the descending channel. This support is at 0.634. We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the upward trend. We are looking for stability above the 100 moving average. Entry price: 0.661 First target: 0.684 Second target: 0.720 Third target: 0.754
Long
by CryptoAnalystSignal
Who will be the winner in the battle between bulls and bears?From the analysis point of view, the short-term resistance above is around 3295-3301, and the pressure at 3315-3316. Focus on the pressure at 3324, the long-short watershed. In terms of operation, the rebound will continue to be the main short and look for a decline. The short-term support below is around 3250-3255. Relying on this range, the main tone of high-altitude participation remains unchanged.
FShort
by DonaldJohnson
Xauusd market update This chart presents a 4-hour analysis of Gold Spot (XAU/USD) against the US Dollar, showing potential bullish scenarios based on price zones and market reactions. Key Insights: Current Price: $3,353.31, slightly down 0.11%. --- Highlighted Zones: 1. Resistance Zone (~$3,420–$3,455): Price reacted here previously. Marked as a potential final target for bullish momentum. 2. Mid Supply/Resistance Zone (~$3,370–$3,405): Critical decision area. Price might face consolidation or rejection. 3. Demand Zone (~$3,240–$3,270): Previously respected support. Ideal area for a bullish reversal if price dips. --- Projected Price Paths (Black Dotted Lines): Scenario A (Immediate Bullish): Price consolidates above $3,350. Breaks into the mid-zone, then pushes to $3,450 resistance. Scenario B (Pullback Then Rally): Declines to the $3,250 demand zone. Rebounds strongly, breaks mid-zone, and heads for $3,450. Scenario C (Range-bound): Multiple bounces between $3,250 and $3,405 before a decisive breakout. --- Conclusion: The chart suggests a bullish bias as long as price holds above the $3,250 support zone. Breakout confirmation above $3,405 could pave the way toward $3,450+. However, a drop below the demand zone would invalidate the bullish outlook short-term. Would you like a trading plan based on these scenarios?
OANDA:XAUUSD
by Mr_Zakrii
7.3 Pay attention to non-agricultural data7.3 Pay attention to non-agricultural data Yesterday, the gold market fluctuated and rose, achieving three consecutive days of gains. This was mainly due to the unexpectedly weak US ADP employment data, which was like throwing a boulder into a calm lake, stirring up ripples in the market's expectations of an early interest rate cut by the Federal Reserve. In June, the number of private jobs in the United States decreased by 33,000, far from the market's expectation of an increase of 95,000. Job losses in many industries were significant, and the uncertainty in the job market was shrouded in a dark cloud. Affected by this, the market has increased its efforts to cut interest rates by the Federal Reserve, with the possibility of a rate cut in July rising to 23%, and the possibility of a 25 basis point rate cut in September as high as 92.5%. Now the market focus has quickly shifted to the non-agricultural employment report on Thursday (released in advance due to the Independence Day holiday). If the number of non-agricultural jobs is less than 150,000, it may strengthen expectations for a rate cut in September, and the rising expectations of a rate cut will boost international gold prices; if it is higher than 180,000, it may trigger panic among hawks. At present, the gold price has re-standing above the long-short watershed of 3300, indicating that the current market bulls have begun to take advantage again. The overall trend is still in a wide range of fluctuations. The upper resistance is around 3360. If it effectively breaks through this position, the resistance will be adjusted to around 3495. The lower support is around 3328. If it effectively falls below this position, the support will be adjusted to around 3300. Thank you for your attention. I hope my analysis can help you.
OANDA:XAUUSD
by EmilyShared256111
EURUSD BULISH OR BEARISH DETAILED ANALYSISEURUSD has been playing out exactly as forecasted, now trading confidently above the key 1.17 handle. Price action has respected prior structure levels perfectly, with the recent bullish impulse forming clean higher highs and higher lows. After a minor corrective move and successful retest of the previous breakout zone, we’re now seeing continuation momentum build toward the 1.21 target. This pattern is a textbook bullish flag followed by a clean breakout and retest, confirming the strength behind this current upside leg. Fundamentally, the euro has gained strength due to growing divergence between the ECB and the Fed. With inflation in the Eurozone stabilizing and recent data indicating a modest recovery in manufacturing and services PMI, there's increasing speculation the ECB may hold rates longer, while the Fed is seen leaning toward eventual rate cuts as US labor data softens. The June NFP miss and downward revisions in prior data have weakened the USD’s position, creating a favorable environment for EURUSD bulls. The technical confluence with macro fundamentals is striking. Risk sentiment is improving across global markets as inflation fears ease and rate clarity emerges. The euro remains supported by strong capital inflows and demand for yield stability. Additionally, EURUSD has cleared multi-month resistance zones with conviction, signaling institutional interest and momentum-based positioning. The recent candle formations suggest buyers are in firm control. We remain on track for the 1.21 level, which aligns with prior swing highs and a key Fibonacci extension target. Any pullback toward the 1.16–1.1650 region should be viewed as a high-probability buying opportunity. With the DXY under pressure and euro zone resilience improving, EURUSD continues to be one of the top-performing major pairs heading into Q3. Stay patient and ride the wave—this move has more room to run.
Long
by AndrewsMarket-Mastery
2
Today's bearish target for gold prices: 3300Today's bearish target for gold prices: 3300 Technical analysis: Short-term support: $3330-3320 (5-day and 10-day moving averages), Short-term resistance: $3360-3374 (61.8% retracement). If it falls below $3330, it may fall to the $3306-3320 range; If it breaks through $3374, it may challenge the previous high of $3450. The daily chart shows that gold prices are fluctuating at high levels, and the MACD red column has expanded, but the RSI (60-65) shows a good bullish momentum. 2. Main influencing factors Federal Reserve policy and non-agricultural data: The market focuses on the US non-agricultural employment data for June released tonight (July 3) (expected to increase by 106,000, and the previous value was an increase of 139,000). If the data is weak (for example, the unemployment rate rises to 4.3%), it may strengthen the expectation of a rate cut in September, which is good for gold; On the contrary, if the data is strong, the price of gold may fall back. The unexpected contraction of the ADP employment data in June (a decrease of 33,000 jobs) has pushed up the expectation of a rate cut in advance. Geopolitics and safe-haven demand: If the situation in the Middle East (such as the Iranian nuclear issue) escalates, it may push up the price of gold, but the recent ceasefire agreement between Israel and Iran has weakened the short-term safe-haven support. The continued purchase of gold by central banks around the world (net purchase of 289 tons in the second quarter of 2025) constitutes long-term support. The US dollar and interest rates: The US dollar index has weakened recently, but if the Fed postpones the rate cut (the probability of a rate cut in September is currently 75%), it may suppress the price of gold. 3. My views and market forecasts: In the short term, the price of gold will fluctuate, and the trend depends on the non-agricultural data. If the data is weak, the price of gold may rise to $3370-3400; If the data is strong, the price of gold may fall back below $3300. I think the possibility of a fall is high. In the short term, I prefer the strategy and trading ideas of shorting at high prices below 3360-3370. Suggestions: Short-term trading: Pay attention to the breakthrough opportunities after the release of non-agricultural data. You can go long at the support level (3330-3320 US dollars) and try to go short at the resistance level (3360-3374 US dollars). Flexibly adjust the strategy.
OANDA:XAUUSD
by louisa111222
Non-agricultural week gold long and short game！From the 4-hour trend of gold, the key position of 3300 is the core basis for judging the short-term trend. The current 4-hour watershed is in the 3300 area. The gains and losses of this position will determine the direction of the short-term trend. Before it breaks through effectively, the short-term pressure judgment is maintained; if it breaks through, it is necessary to turn to the daily resistance level. The MACD indicator crosses and the short-term momentum column continues to increase, indicating that the price has further downward momentum. The price of the 4-hour cycle runs along the downward channel. Although the MACD indicator forms a cross below the zero axis, the short-term energy column shows a shrinking trend. There is a technical oversold rebound demand in the short term.
FOREXCOM:XAUUSDLong
by DonaldJohnson
2