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Harmonic Patterns

XAUUAD UPDATE : 26-5-25This chart is a technical analysis of the gold price (CFDs on Gold in USD per ounce) on the 45-minute timeframe. Here's a breakdown of the key details: Chart Pattern: Ascending Channel: Price has been moving within a well-defined ascending channel, indicated by the two parallel blue lines. Bearish Breakdown Setup: The price is currently near the upper boundary (resistance) of the channel and has started to decline, indicating a potential breakout to the downside. Highlighted Zones: Resistance Zone (Yellow near 3,422): This is where price has struggled to go higher, marked as the top of the channel. Support Zone (Yellow near 3,163): Marked as the lower target, this is a previous area of strong buying interest. Trade Setup: Entry Zone: Around the current price of 3,334.627. Stop Loss: Just above the resistance zone at 3,422.237. Take Profit: Around 3,163.971, near the support zone. Risk/Reward: The setup aims for a relatively high reward-to-risk ratio, suggesting a short (sell) trade with potential for substantial gain if the breakdown occurs. Volume: There’s a spike in volume on some downward candles, which may suggest increasing selling pressure. Interpretation: The chart indicates a potential bearish reversal after a prolonged uptrend within a rising channel. If the price breaks below the lower trendline of the channel, a move toward the 3,163 support zone is anticipated. Let me know if you'd like this analysis in another format (e.g., report or PDF) or if you want similar insights for a different asset.
TVC:GOLD
by Mr_Zakrii
GOLD SHORT SETUP🟡 Harmonic Pattern + Support Break = Bearish Confirmation 🐻 📉 #XAU/USD Analysis | 4H Timeframe #Gold has temporarily shifted into a bearish trend, and here's why I'm eyeing a short setup at current levels: ✅ Harmonic Pattern Completion spotted on the 4H chart ✅ Clear break below key support zone, now acting as resistance ✅ Lower highs and lower lows forming – confirming short-term bearish structure 📌 Entry: Current Market Price (CMP) 📌 SL: 3353.751 📌 TP Zones: 2974.632 ⚠️ Important Note: If bullish divergence forms on the 1H or 4H timeframe, I will consider closing the trade early at CMP. 💬 What’s your view on this #GOLD setup? Would you short here or wait for a pullback? 🔁 Like, share, and follow for more clean setups! 📲 Comment below with your thoughts or questions – let's discuss! #GOLD #XAUUSD #BearishTrend #HarmonicPattern #PriceAction #SupportResistance #Forex #TradingSetup #TechnicalAnalysis #ShortTrade #RiskManagement #Divergence
OANDA:XAUUSDShort
by mudusir
XAU/USD (Gold) Price Action Update – May 26 , 2025📊XAU/USD (Gold) Price Action Update – May 26 , 2025 🔹Current Price: 3,346.70 🔹Timeframe: 1H 📌Key Demand Zones (Support): 🟢 3336–3340 – Fresh short-term breaker block; a bullish reaction zone 🟢 3322–3327 – Previous consolidation breakout zone, potential re-entry level 🟢 3279–3289 – Strong rally base rally; high probability demand zone 📈Bullish Outlook: If price continues to hold above the 3336–3340 zone, we could see a push back toward 3,360+ levels. A deep pullback to 3322–3327 or even 3279–3289 would offer strong long opportunities if bullish confirmation appears (e.g., engulfing, CHoCH). 📉Bearish Outlook: If the 3336–3340 zone fails, price may revisit 3322–3327. Breaking below that could indicate a deeper correction to 3279. Avoid premature entries; wait for bearish confirmation in case of zone breakdowns. ⚠️Smart Money Tip: Only enter trades after confirmation and BOS/CHoCH signals. Mark liquidity grabs and avoid entries inside consolidation.
OANDA:XAUUSDLong
by FXFOREVER_87
Will Trump's Tariffs Propel Gold Past 3,500 ? Again ? On May 23rd's U.S. trading session, Trump's tariff announcements on the EU and Apple roiled markets like a tempest 🌪️. He proposed a staggering 50% tariff on EU products starting from June 1st, citing unfair trade practices. Meanwhile, he threatened Apple with a 25% tariff if iPhones sold in the U.S. weren't manufactured domestically. This sent gold prices soaring sky - high 🚀. As a reliable safe - haven, gold spiked as investors, deeply worried about the potential global economic impacts, rushed to safeguard their wealth. The 3280 support level for gold, which had been holding firm in the preceding days, became even more crucial as the upward momentum strengthened, like a sturdy anchor in stormy waters ⚓. If the tariff issue remains unresolved and tensions continue to simmer between the U.S., the EU, and major corporations like Apple, the upward trajectory of gold prices is likely to persist. Analysts predict a good chance it could break the 3,500 mark, as if a new peak is waiting to be conquered 🏔️. Tariffs disrupt global supply chains and raise U.S. inflation fears, driving investors to gold for protection against economic and currency risks, much like sailors seeking a safe port in a typhoon 🌊. ⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️ 🚀 Buy@ 3340 - 3360 🚀 TP 3400 - 3450 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
OANDA:XAUUSDLong
by Sovereign_1
29
BTCUSD Entre point 109500 target 108500 stop loss 110300You're describing a short trade setup on BTC/USD with the following details: Entry point: 109,500 Target (Take Profit): 108,500 Stop Loss: 110,300 Here's the risk-reward ratio (RRR) for this trade: Risk = 110,300 - 109,500 = 800 Reward = 109,500 - 108,500 = 1,000 RRR = Reward / Risk = 1.25 Analysis: This is a short position with a decent RRR (above 1 is typically favorable). Make sure to monitor volatility and volume—tight stop losses in crypto can be easily hit with sudden moves. Would you like help automating this trade or getting a real-time chart analysis?
BITSTAMP:BTCUSDShort
by Steven110
Gold has to fall tricking XAUUSD H1 & H4 UPDATE Trump suspended EU tariffs for 90 days. And enter the negotiation period. As a result, gold fell. The European and American stock markets are closed today, so the fluctuation of gold will not be great. Pay attention to the resistance price 3330 below - if 3330-3325 invalidated and candle closes below this red Zone Gold will fall very hardly towards 3280 then 3230. -If again rejection at 3330 then upside move we'll have 3380. Eyes on 3330 structural support. #XAUUSD
OANDA:XAUUSD
by Forexmaestro121
1.15150 Resistance Looms Amid EU Economic WoesOn the daily timeframe, EURUSD continues climbing toward the strong resistance zone around 1.15150 after a solid rebound from the EMA 34. However, the current candlestick structure shows signs of slowing momentum as price approaches a historically significant top — a zone prone to short-term profit-taking. The technical setup becomes even more relevant when viewed alongside macroeconomic developments: the U.S. has just announced an extension of its 50% tariff deadline on EU goods from June 1 to July 9, temporarily easing trade tensions. However, the European Commission has revised down its Eurozone growth forecast for 2025 from 1.3% to 0.9%, highlighting persistent structural weaknesses and economic risks in the region. The likely scenario: EURUSD may face rejection at 1.15150, followed by a pullback toward the support area around 1.09610. This zone aligns with the EMA 34, EMA 89, and a previous accumulation range. If this support fails to hold, the medium-term trend could shift clearly to the downside.
by Rocky_trade_
$NDX And The Expanding WedgeNASDAQ:NDX has a lot going for it and plenty of lifechanging money to be made. As you can see whether you draw a bear flag that is still valid or a large Triangle (also valid) there is an amazing opportunity for profit. Firth thing to notice other than this triangle is the weakness creeping in at the retest of weekly resistance above. MA angles are starting to cross down and a clear indication of a false breakout is signaling on the CCI. Keeping in mind that not only on the Futures charts but also on the indexes we have quite a few long distance gaps left open, most notable at 18,300. Whichever way this triangle breaks, the move will be massive. Hang on to your butts..
NASDAQ:NDXShort
by Midgar-