Community ideas
Gold gaps up and open higher,beware of going long at high levelsBros, the Asian session opened higher in the morning. Currently, gold is falling back to the SMA1O moving average. We will continue to be bullish after it falls back and stabilizes. At present, it has broken through the key resistance level of 3360. The daily line has shown a strong pattern of three consecutive positives. The gold price remains in the rising channel, and the bullish trend is obvious. As the gold price moves up, the short-term moving average moves up with it. At present, 3355-3345 constitutes an important support in the short term, and 3375-3385 above constitutes a short-term resistance area. Whether it can stand firmly above 3360 this week is the key.
Severe overbought in the short term, there are trading risks for long positions at high levels. Short-term operation suggestions for the Asian and European sessions: consider shorting when it touches 3365-3375, and stop loss when it breaks 3375. The target focuses on 3355-3345, and the breakout looks at 3330-3320. On the contrary, if it stabilizes at 3355-3345, you can consider going long.
Why This Breakout Feels Like $29K and $48K – Big Moves Ahead?🤔📊 Why This Breakout Feels Like $29K and $48K – Big Moves Ahead? 🚀📈
Hey everyone! It’s Saturday, July 12th , and while the markets take a breather, it’s the perfect moment to zoom out and assess the bigger picture . Are we in for another retail weekend surge?
Let’s break it down 🔍👇
After closely analyzing the charts, one thing becomes clear — this breakout is structurally similar to the previous key breakouts at $29K and $48K. In both historical cases, price surged significantly without immediately retesting the breakout level.
➡️ Back in 2020, price exploded +144% above the yellow level before ever coming back to test it.
➡️ At $48K, a similar move of +49% occurred before signs of exhaustion and a retest emerged.
Fast forward to today: We've just broken above a massive ascending support zone — $114,921–$115K — and the market shows no intention of pulling back yet. This tells us something powerful: Momentum is in control.
💡 According to my technical roadmap, we may not see a retest of $115K anytime soon. Instead, the next target zone lies around $182K–$189K, depending on velocity and sentiment. With halving-to-ATH cycles historically lasting ~550 days, we’re well within that bullish window.
Remember the channel support/last entry right after the Iran-Israel ceasefire on June 23rd? That’s been a defining entry and it’s still playing out beautifully. So we wish for geopolitical stability and peace.
So, while it’s easy to feel left out — don’t short, don’t sulk. This may be our moment to ride the wave long. 🎯📉📈
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
Bitcoin Hits First Target: What I Traded and What Comes NextBitcoin just hit my first target. I went long on BTC, XRP, Chainlink, and more. Booked profits and jumped into two new breakouts with better risk-reward. In this video, I break down my trades, the setup, and why I’m still bullish between 116K and 120K. I also explain how crypto deregulation and the Genius Act could fuel the next move.
Let me know in the comments how you traded this breakout.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
₿itcoin: Pushing Higher—But Watch for a Reversal AheadAfter taking a brief pause over the weekend, Bitcoin resumed its upward momentum early this morning, trading within the blue Target Zone between $117,553 and $130,891. This marks the first time the cryptocurrency giant has traded above the key $120,000 level. Within this zone, and in line with our primary scenario, we continue to anticipate the peak of the corrective wave B rally, followed by a trend reversal to the downside. We expect a significant wave C decline, targeting the lower blue zone between $62,395 and $51,323. As such, prices in the upper blue Target Zone may present an opportunity to take (partial) profits on existing long positions and, where appropriate, to initiate potential short positions as a hedge. These shorts could be protected with a stop 1% above the upper boundary of the zone, given there remains a 35% probability that Bitcoin could break directly above the $130,891 resistance and set a new high as blue wave alt.(i).
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
TradeCityPro | Bitcoin Daily Analysis #127👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin analysis and the key crypto indexes. In this analysis, as usual, I want to review the New York session futures triggers for you.
⏳ 1-Hour timeframe
In the 1-hour timeframe, as you can see, Bitcoin, after the correction down to the 116829 level, is now breaking the 118494 top again.
🔔 This move can potentially start Bitcoin’s next bullish leg. In that case, I think this leg will be a strong one because the correction was very shallow and didn’t even reach the 0.236 Fibonacci level, so the price may perform another sharp move.
💥 On the other hand, the RSI oscillator is entering Overbuy, which increases the probability of a bullish scenario and a sharp next leg.
📈 If the 118494 level is broken, we can open a long position. We already have suitable confirmations for this position since volume and RSI are aligned with price, and also the SMA25 is supporting the price and pushing it upward.
👑 BTC.D Analysis
Let’s move on to Bitcoin Dominance. The dominance trend is still bearish and continuing downward.
⭐ Currently, it’s sitting on a key support at 64.44, and breaking this level can continue the bearish move in dominance.
📅 Total2 Analysis
Let’s go over Total2. Yesterday, after correcting to the 1.26 level, it seems the next bullish move has started and it’s heading toward 1.3.
🎲 The main resistance I see for Total2 is still 1.33, and I believe this will be the main ceiling that Total2 will struggle with.
📅 USDT.D Analysis
Moving on to Tether dominance. This index is still dropping and is now sitting at the 4.36 support.
✨ Breaking this level will start the next bearish leg, and the price can move toward 4.22. If a correction occurs, the first level will be 4.49.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Heading into 50% Fibonacci resitance?WTI Oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support.
Pivot: 71.43
1st Support: 65.55
1st Resistance: 76.08
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
oro Suggested Description for a Long Trade Idea on Gold (GOLD):
Potential Technical Rebound After Sharp Drop – Waiting for Confirmation
Gold (5-minute chart) has broken below the key $3,348 support and is now showing extreme oversold conditions on the Stochastic Oscillator. Although bearish momentum dominates, I’m watching this zone for a possible bounce if price reclaims the $3,348 level with a clear bullish candle.
Conditional Long Setup:
Entry: ~$3,348–$3,350 (after confirmation)
Stop Loss: $3,341 (below the recent low)
Take Profit 1: $3,355
Take Profit 2: $3,362
If the bounce fails and price continues lower, I may consider a short setup toward $3,335. Waiting for clear signals before entering any position.
⚠️ This is not financial advice – just sharing my personal analysis for discussion and learning purposes.
GBPUSD Pullback Another Bullish PatternThe GBPUSD recently closed around 1.33750, testing a key support zone. Although there are signs of potential further decline, the broader outlook depends significantly on the strength of the US Dollar.
A corrective move against the backdrop of a strong overall trend is within normal expectations, and bullish sentiment remains intact.
If buyers are able to defend the 1.33750 – 1.33600 support zone, a pullback or reversal could be expected then next resistance would be 1.36004 / 1.37001.
You can find more details in the chart Ps Support with like and comments for more better analysis Thanks for Supporting.
XAUUSD trade idea🟣 Current Market Behavior
Price has reached a resistance zone around 3355–3360, previously respected as a supply area.
A rejection candle or price weakness at this level is triggering a short-term bearish outlook.
🔻 Short-Term Bearish Plan
Sell entry zone: 3355–3360
> Target for this sell (TP): 3320
➤ This suggests a possible drop of around 250–300 pips from the current high.
> Reason: The price is expected to make a technical correction after hitting a resistance level.
🔼 Mid-Term Bullish Plan
: After reaching the 3320 support area, the chart expects a bullish reversal or continuation of the uptrend.
> Buy setup target: 3395–3400
➤ This level represents the next potential bullish wave after the correction.
> Reason: The overall pattern remains bullish. The idea assumes this drop is temporary and part of a healthy pullback before the uptrend resumes.
📝 Summary:
Phase 1: Sell from 3355–3360 to 3320 (correction phase)
Phase 2: Buy from 3320 toward 3395–3400 (bullish continuation)
Strategy combines resistance rejection + correction + trend continuation principles.
Setupsfx_ | SILVER: Preparing For Another Bullish Move! There are two buying areas we believe could reverse the price trend, which would be a significant move in silver price history. We may even see it go above $40 for the first time. Silver is becoming a secondary best option to invest in the global market, but it will never surpass gold at least for now.
Good luck and trade safely!
Team Setupsfx_
Dominance & Altcoins- This graph is purely based on fibonacci law.
- 61.8% is the core of the system ( check rectangles in graph to get it )
- Most of long term traders not even look at the price.
- they just wait the good time to buy using Fibo.
- in 2016 BTC was almost 100%. Altcoins were inexistant. (less than 2% of the market with ETH)
- in 2021 BTC Dominance pushed to 75% (altseason followed the push)
- in 2024 we could see BTC dominance knocks 60% ish ( Altseason will follow )
- BTC is maturing.
- Cryptos are growing.
- Don't look too much at your altcoin wallets.
- Most of the time the story repeats itself.
- Respect the cycle, be patient and eat noodles!
Happy Tr4Ding !
GOLD - CUT n REVERSE area, what's next??#GOLD ... perfect move as per our video analysis and now market just reached at his today most expensive area, that is 3340-41
Keep close that area and only holding of that area can lead us towards further bounce otherwise not.
So keep in mind we should didn't holda our longs below 3340-41
And obviously we will go for cut n reverse below 3340-41 in confirmation.
Good luck
Trade wisely
Bull Flag Formation on the Daily ChartA bull flag pattern is forming on the 1-day chart, supported by a steady increase in volume—suggesting growing bullish momentum.
Flagpole base: ~72
Potential breakout level: ~92
First price target (PT1): ~100 (next key resistance level)
Measured move target (PT2): ~112 (based on flagpole height)
This setup indicates a strong potential for continuation if price breaks above the 92 level with volume confirmation.
PUMP/USDTCurrent Market Structure
Strong pump occurred around July 13th, peaking above 0.0072.
Price retraced and is now ranging between 0.00580 – 0.00640.
Appears to be forming a consolidation or flag pattern, which can break either way.
Volume is declining, indicating potential for breakout buildup.
Gold breaks trendline towards 3390, Uptrend resumes✏️ OANDA:XAUUSD The price increase will continue today and will be even stronger. After breaking the trendline, gold has strong support. SELL strategies are only considered to find short-term reaction points waiting for the next trends.
Gold has confirmed the uptrend is back, heading to 3390 today.
📉 Key Levels
Support 3330-3314
Resistance 3345-3362-3388
Sell trigger: rejection from 3345 with bearish confirmation
Sell zone: 3362–3387 (Strong resistance)
BUY trigger: 3330-3314 support with bounce confirmation
Leave your comments on the idea. I am happy to read your views.
XAUUSD 4H bullish setup📈 Gold (XAUUSD) 4H – Breakout Retest Toward 3439.25
Des:
Price has finally broken out of the tight consolidation range and is now trading above key structure. I'm watching for a bullish continuation play with a possible retest into the 3360–3365 zone (demand/OB zone), followed by a push toward the 3439.25 target.
✅ Bullish structure confirmed
🔄 Waiting for pullback entry
🎯 Target: 3439.25
🛡️ Clean invalidation below 3350
Let’s see how this unfolds 🔥
BTC Weekly Update -as of Jul14🕰 Timeframe:
📆 Date:
🔎 Market Overview:
💼 Massive Institutional Inflows:
▪️ Over $1.1 billion in net capital inflows have entered spot Bitcoin ETFs in recent days, bringing the total weekly inflows to $2.72 billion so far.
▪️ The total assets under management (AUM) across all Bitcoin ETFs now exceed $150 billion, representing over 6% of Bitcoin’s total market capitalization.
⚖️ Favorable Political and Regulatory Support:
▪️ The ongoing Crypto Week in Congress is reviewing key legislative proposals like the Genius Act and the Clarity for Digital Assets Act, both of which offer promising regulatory clarity for the crypto industry.
▪️ Additionally, former President Trump’s executive order to establish a “Strategic Bitcoin Reserve” signals strong official political support for Bitcoin adoption.
📊 On-Chain & Sentiment Indicators
📦 Exchange Reserves:
Bitcoin reserves on centralized exchanges are at their lowest levels in years, suggesting a trend toward long-term holding (HODLing) and reduced selling pressure.
🧠 Fear & Greed Index:
The sentiment index remains firmly in the “Greed” zone, even hitting its highest level since May, indicating strong bullish sentiment among retail and institutional investors.
🌀 Whale Activity:
Whale wallets continue to show heavy accumulation, with large and steady transfers into private wallets, further supporting a bullish on-chain trend.
📈 Technical Setup
🔵Trend: Ranging upward
🔸 Key Support: 118,000➖ 115,000
🔸 Key Resistance: 125,000➖ 130,000
🔸 Indicators Used: RSI above 70
🧭 Next Week – Key Points
🔹 Watch for the outcomes of Crypto Week legislation in Washington — this will be a key driver for market direction.
🔹Monitor ETF capital inflows — if daily inflows stay above $500M, the bullish trend will likely strengthen.
🔹 Track the Federal Reserve's interest rate policy and the USD outlook, especially in response to inflation or other macroeconomic factors.
🔚 Summary: Final Analysis
📌 After reaching a new all-time high above $122K on July 14, Bitcoin’s bullish trend has strengthened. Strong institutional inflows and political support have reinforced the foundation for growth.
● Key Level Ahead: $125,000
● Outlook: If price consolidates above resistance, we could see a move toward $135K and beyond.
● Weekly Bias: Bullish, with potential for a pullback before continuation upward.
✅ If you like this analysis, don't forget to like 👍, follow 🧠, and share your thoughts below 💬!