We are waiting for the H4 liquidity backtest to place SELL GOLDYesterday there was a BUY point and a missed SELL. Currently gold is in wave 5. We are waiting for the H4 liquidity backtest to place a SELL order.
World gold prices rose after the People's Bank of China announced on June 7 that it had added gold to its reserves for the seventh consecutive month in May. China's gold reserves were valued at $241.99 billion at the end of last month, down from $243.59 billion at the end of April. Gold prices hit an all-time high (over $3,500/ounce) in April, which boosted the value of China's holdings of the precious metal.
Investors are now waiting for the US Consumer Price Index (CPI), data due on June 13, to assess the country's economic health and predict the trajectory of the US Federal Reserve's interest rate cuts.
Let's wait for SELL
Best regards, StarrOne !!!
Community ideas
EURAUD INTRADAY Bearish Wedge continuationTrend: Bearish
Current Move: Oversold bounce toward resistance
Key Resistance: 1.7645 – Prior consolidation zone
Key Supports:
1.7400 – Immediate support
1.7273 – Secondary support
1.7120 – Longer-term target
Scenario 1 – Bearish Continuation:
If price fails to break above 1.7645 and shows rejection (e.g. bearish candlestick pattern), expect a move lower toward 1.7400, and potentially 1.7273 and 1.7120 over time.
Scenario 2 – Bullish Reversal:
If price breaks and closes above 1.7645 on the daily chart, it would invalidate the bearish view and open up upside targets at 1.7770, 1.7885, and 1.8010.
Conclusion:
EURAUD remains bearish below 1.7645. A rejection at that level favors downside continuation. A daily close above 1.7645 would shift sentiment toward a bullish reversal. Monitor price action closely at this key level.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
USDCHF LONG FORECAST Q2 W24 D10 Y25👀 USDCHF LONG FORECAST Q2 W24 D10 Y25
🔥HOT PICK ALERT 🔥
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation & breaks of structure.
Let’s see what price action is telling us today! 🔥
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅15’ order block
✅Intraday bullish breaks of structure
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GBPUSD SHORT FORECAST Q2 W24 D10 Y25GBPUSD SHORT FORECAST Q2 W24 D10 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday 15' break of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GBP/JPY SELL GBP/JPY has shown clear respect to this resistance zone that was created with a bearish engulfing on the daily time frame(may 14th). Price is now at the highest point of this resistance and created a bearish engulfing on the 4 hour Tf. With a strong besrish engulfing suggesting the sellers are taking control at the resistance. Sell 🥊
BTC CAN PUMP AGAIN AFTER A SHORT REST Bitcoin had a very strong pump from the 101 to 110k range. In my opinion, the third wave that I identified on the chart is complete and now the price can start pumping again by returning to 107k. The 107k range is an important range because the bottom of the main channel is at this price and it is also a good range for the fourth Elliott wave.
GOLD 3HR CHARTRelationship Between Gold, Dollar (DXY), Bond Prices, and 10-Year Bond Yields
GOLD ,early sell dropped price from 3328.9 to 3304 .the 3304 align with the ascending trendline and currently trading at 3320.break and close of the demand floor will push for more sell to around 3270-3268
1. Gold and the Dollar (DXY)
Gold is priced in U.S. dollars, so there is a strong inverse relationship between gold prices and the dollar index (DXY).
When the DXY strengthens, gold becomes more expensive for holders of other currencies, reducing demand and pushing gold prices down.
Recently, gold prices dipped about 0.4% to around $3,294/oz as the DXY shed 0.3%, reflecting a cautious market awaiting U.S.-China trade talks and reacting to stronger U.S. jobs data that tempered expectations of Fed rate cuts.
2. Gold and 10-Year Bond Yields
The 10-year U.S. Treasury yield and gold generally have an inverse relationship. Rising yields increase the opportunity cost of holding non-yielding gold, making bonds more attractive.
However, both gold and bond yields can rise simultaneously during inflationary periods or economic uncertainty, reflecting inflation expectations and safe-haven demand.
Recent data shows yields near 4.5%, with gold holding elevated levels above $3,300 and attempted 3328 on monday before dropping due to inflation concerns and geopolitical risks, despite some downward pressure from rising yields.
3. Gold and Bond Prices
Bond prices move inversely to yields; when yields rise, bond prices fall.
Falling bond prices (rising yields) often signal inflation or risk concerns, which can boost gold as an inflation hedge.
Yet, rising yields also raise the opportunity cost of holding gold, which can cap gold’s upside. This dynamic explains why the correlation between gold and bond yields has weakened recently, sometimes showing near-zero correlation .
4. Macro and Market Drivers
Inflation and Safe-Haven Demand: Persistent inflation and geopolitical tensions (e.g., U.S.-China trade talks) support gold demand despite dollar strength and rising yields.
Central Bank Buying: Central banks remain significant gold buyers, underpinning long-term price support.
Economic Data and Fed Policy: Strong U.S. jobs reports reduce expectations of Fed rate cuts, pushing yields up and dollar strength, which can pressure gold short term.
Conclusion
Gold prices in June 2025 are influenced by a complex interplay of factors: a slightly weaker dollar recently has supported gold, but rising 10-year Treasury yields and falling bond prices exert downward pressure. Inflation concerns and geopolitical risks continue to underpin gold’s appeal as a safe haven and inflation hedge. The usual inverse relationship between gold and bond yields has weakened recently, reflecting evolving market dynamics and the balance between inflation expectations and real yields.
#gold #dollar
Potential bullish rise?USD/JPY has bounced off the pivot and could rise to the 1st resistance, which acts as a pullback resistance.
Pivot: 144.29
1st Support: 143.28
1st Resistance: 146.17
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XAUUSD.market target 3380 entry point 3304stop loss 3312Let's break it down:
- Entry Point: 3304
- Target: 3380 (76-point gain)
- Stop Loss: 3312 would be a stop loss above the entry, but you put 3312, that would be 8 point stop loss if it was above 3312. Since 3312 is above 3304 that would mean its 8 point risk.
You're expecting XAUUSD (Gold) to rise from 3304 to 3380. Potential reward: 76 points
Potential risk: 8 points
Risk-reward ratio looks favorable! Let's see how it unfolds!
The Sandbox (SAND): Golden Buy Zone | Now or Never...Sand is one of the good long-term coins that caught our attention, where the price is at a local bottom...waiting for a proper breakout from EMAs, which would give us an easy 2.5x on the price.
There is not much to say but rather just wait patiently and enter at the right moment!. Very good R:R trade that we will not miss for sure!
Swallow Academy
CHFJPY - Bullish... but not for long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈CHFJPY has been overall bullish trading within the rising channel marked in blue. However, it is currently retesting the upper bound of the channel.
Moreover, the red zone is a strong structure and resistance.
🏹 Thus, the 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 #CHFJPY 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
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
ETH Daily Close Signals Entry
On the daily, ETH is closing above both the 200MA and the previous tops. PSAR on the original system has flipped, though the free-to-use version hasn’t yet.
This is a trading idea. If you choose to allocate real capital, be prepared for the possibility of loss. But if you trust the system enough to allocate capital, trust that the PSAR has flipped and today’s close marks the entry.
It’s exactly how the system defines a valid setup:
Daily close above the 200MA, with MLR > SMA > BB center.
The 12H timeframe acts as confirmation from the lower TF, and the 4H is already green and ripping.
So buckle up—this could be a ride worth taking.
Always take profits and manage risk.
Interaction is welcome.
EUR/USD – 1H Chart SetupMarket Phase: Distribution
Trade Bias: Bearish Breakdown
We’re currently observing a distribution phase on EUR/USD, with well-defined support and resistance levels. A breakdown below Support Level 2 will trigger our short entry, confirming bearish momentum.
📌 Trade Setup Details:
🔹 Entry (Sell Stop): 1.13080
🔹 Stop Loss (SL): 1.13600 (above Support Level 1)
🔹 Take Profit 1 (TP1): 1.12560
🔹 Take Profit 2 (TP2): 1.12040
🔹 Lot Size: 0.19
🔹 Risk/Reward Ratios: 1:1 and 1:2
🔹 Risk: $200 💸
🔹 Reward: Up to $300 💰
This setup is based on a clean structure break, expecting downside continuation after the distribution completes. We’ve marked the key zones on the chart and are waiting for confirmation through a support break.
Keep an eye on price action and volume near the entry to validate the breakdown.
#EURUSD #ForexTrading #BearishSetup #DistributionPhase #PriceAction #SupportResistance #TradeSetup #RiskReward #BreakdownTrade #ForexSignals #1HChart
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Analysis of the latest gold market trend on June 11:
1. Analysis of gold news
China-US trade negotiations ease risk aversion
The second round of China-US trade negotiations was held in London. Both sides released "constructive" signals. The market expects that tariff policies may be further eased, weakening the safe-haven demand for gold.
U.S. Treasury Secretary Bensont called the talks "good" and Commerce Secretary Lutnick described the discussions as "fruitful". The market is cautiously optimistic about the negotiations, and gold is under pressure to fall.
The trend of the US dollar and the impact of the Fed's policies
The US dollar index has recently fluctuated in the range of 99-102. If it strengthens further (such as breaking through 102), it may suppress gold prices; on the contrary, if it falls below 99, gold may stabilize and rebound.
The Fed may keep interest rates unchanged at its June meeting. The market expects a high probability of a rate cut before September, but if the US economic data is strong (such as non-farm employment exceeding expectations), the rate cut may be postponed, which is bearish for gold.
Central bank gold purchases slowed down, but long-term support remains
The People's Bank of China increased its gold holdings by 60,000 ounces in May, with a slower growth rate than in previous months. Short-term support for gold prices weakened, but the long-term trend of de-dollarization still supports gold demand.
2. Technical analysis of gold
Short-term oscillating downward trend
Gold prices hit 3348 and then fell back, failing to stand firm at 3345 resistance, indicating that bears still have the upper hand.
The 1-hour chart shows a oscillating downward trend, with 3345-3355 constituting strong resistance and 3300-3310 as key support. If it falls below 3300, it may accelerate to the 3280-3250 range.
Key support and resistance
Upper resistance: 3345-3355 (suppression by yesterday's high and trend line)
Lower support: 3300-3310 (psychological barrier and 30-day moving average), if it falls below, look at 3280-3250.
Operation strategy
Short-term short orders: If the price rebounds to the range of 3345-3355, you can try to short sell, with a target of 3310-3300.
Short-term long orders: If the support of 3300 is effective, you can buy with a light position to rebound and rise, with a target of 3320-3330.
Trend trading: If it falls below 3300, you can follow up with short orders, with a target of 3280-3250.
3. Outlook for the future
Short-term range: Gold prices may fluctuate in the range of 3200-3400, affected by the Fed's policy expectations, the trend of the US dollar and the geopolitical situation.
Medium- to long-term: If the Fed starts a rate cut cycle or geopolitical risks escalate (such as the deterioration of the situation in the Middle East), gold may hit the high point of 3400-3500 again.
Conclusion: Today, gold is mainly shorted on rebound, with attention paid to the resistance of 3345-3355, and the target below is 3310-3300. If it falls below, a deeper correction will be seen.
Bitcoin Rally is almost over! Btc has been performing as expected and now, I expect it to reach either till the upper channel, which is clearly a reversal pattern) or beyond it to the Fib 100 to complete the 5th wave. This is a high probability setup considering the market conditions.
So before the rally stops, is gonna make a new high.
Any feedback is appreciated! :)
BITSTAMP:BTCUSD
BTC dominance : In decline CRYPTOCAP:BTC.D COINBASE:BTCUSD BINANCE:BTCUSDT
BTC dominance did a first big down move , followed by a correction upward.
This correction cames in bearich ascending triangle.
Today , this triangle has been broken.
I expect the dominance to break the 61.9%.
The same pattern is spotted on CRYPTOCAP:USDT.D
As well as the liquidity doen't go back to bank accounts, the altcoins may benefit from this liquidity shift. The final bullish wave on altcoins will continue.
Happy profit taking !
EURCHF Bullish break-out signal above the 1W MA50.The EURCHF pair has rebounded on its 1.5-year Support Zone. A break above its 1W MA50 (blue trend-line) is a bullish break-out signal that would target Resistance 1 at 0.96650. That is where it can potentially make contact with the 1W MA200 (orange trend-line) for the first time since March 01 2021.
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Can 1.3633 Construct a Bottom?The USD/CAD exchange rate continues to maintain a (sideways) pattern, currently trading around 1.37. Although the US dollar is fundamentally supported by the boost from the US non-farm payroll data and the optimistic expectations of trade negotiations in major economies, the overall market sentiment remains cautious. The Canadian dollar is supported by the strengthening of crude oil prices, and the exchange rate trend presents a complex pattern of mixed long and short positions. In the short term, if the exchange rate can effectively break through 1.3800 and stabilize above this level, it will open up further upward space. The next targets may point to the middle track of Bollinger Bands at 1.3823 and the previous platform resistance area at 1.3900. However, if it is blocked again at the 1.3800 line and falls back, it will increase the market expectation of "making a new low after a technical rebound". At that time, the supports will focus on 1.3640 and the low point of 1.3633. If the latter is broken, it will open up the downward space to 1.3600 or even 1.3550.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
XRP TO $3.15Xrp has been holding up nice, see my other ideas for bigger picture and higher targets ;)
now we look at the daily timeframe
We formed a falling wedge and broke out of the wedge;
Now we are in an inverted head and shoulders pattern
and a cup and handle pattern
target h & s $3.66
target c & h $3.15
Tik tok tik tok time's ticking