STCL-Leveraging channel movementShabbir Tyle seems to move in a channel and is currently available at the lower channel line. Buying at CMP of 13.02 can give TP of upper channel line i.e. 17.20 while SL can be 11.30
Parallel Channel
GOLD - Price can correct to support level and then start to growHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
The chart shows how the price rose in a rising channel, reaching the $2925 level before breaking it.
Then it touched resistance line of channel and made correction to $2925 level, where it some time traded.
After this, price moved up and then started to decline inside a triangle, where it soon exited from channel.
Next, price broke $2925 level and declined until to support line of the triangle, breaking $2880 level too.
But soon, Gold made strong movement up, breaking $2880 level and rose to resistance level, after which it corrected.
Now, I think that XAU can exit from a triangle, fall to support level and then start to grow to $2940
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XAU/USD Daily Chart Analysis! Detailed ExplainationMarket Overview:
Gold (XAU/USD) is currently trading around $2,910, showing a slight decline of -0.05% on the daily timeframe. The market has been in a strong uptrend, breaking previous structures and forming higher highs and higher lows. However, the current price action suggests a potential pullback before another bullish continuation.
Key Technical Observations:
1. Resistance & Strong Resistance Zone ($2,950 - $3,000+)
The price has reached a strong resistance zone near the $3,000 psychological level, where selling pressure is evident.
A weak high has been marked, indicating that buyers may attempt to break this level, but sellers could push the price down before any significant breakout.
If price successfully closes above this resistance, it could trigger further bullish momentum towards $3,100 or higher.
2. Support and Demand Zone ($2,750 - $2,800)
The demand zone between $2,750 and $2,800 has historically acted as a strong support level.
This zone aligns with previous price accumulation and a key structural support level.
A pullback to this area could present buying opportunities, as institutional buyers may step in.
3. Market Structure and Breaks of Structure (BOS) & Change of Character (ChoCH)
Multiple Change of Character (ChoCH) points have been noted, signaling shifts in momentum.
The Break of Structure (BOS) suggests a continuation of the prevailing bullish trend, with minor corrections along the way.
The most recent ChoCH indicates a potential short-term bearish retracement before a continuation to the upside.
4. Strong Low and Potential Support Levels ($2,500 - $2,600)
The strong low is marked below $2,500, which acts as a long-term support zone.
If the demand zone at $2,750 - $2,800 fails, the next major support area lies around $2,600.
However, given the overall bullish trend, a drop to these levels would likely be short-lived unless macroeconomic factors shift significantly.
Potential Price Scenarios:
🔵 Bullish Scenario (Primary Outlook)
Price may retrace towards the $2,750 - $2,800 demand zone.
If buyers defend this level, we can expect a bullish reversal towards $2,950 - $3,000 resistance.
A strong breakout above $3,000 would likely trigger further upside momentum towards $3,100+.
🔴 Bearish Scenario (Alternative Outlook)
If sellers take control and push price below the $2,750 support, further downside could follow.
In this case, the next major support levels would be $2,600 - $2,650, where buyers may re-enter.
A breakdown below $2,500 would signal a shift in long-term market structure, invalidating the bullish trend.
Trading Plan & Strategy:
✅ For Long Entries:
Look for bullish price action (e.g., pin bars, bullish engulfing candles) in the $2,750 - $2,800 demand zone.
Target $2,950 - $3,000 as the first take-profit level.
If price breaks above $3,000, hold positions for a move towards $3,100 or higher.
❌ For Short Entries:
If price struggles to break above $3,000, short positions can be considered with stop losses above resistance.
Targets for short trades: $2,800 (first TP), $2,650 (second TP).
Final Thoughts About Trend:
Gold remains in a strong bullish trend, but a short-term retracement could be expected before the next rally. Traders should focus on key levels like $2,750 - $2,800 support and $3,000 resistance to confirm the next move. Watch for confirmation signals before entering trades. 📊🚀
OTHERS looking very interesting..I think OTHERS is about to show some strength personally. The Daily is rounding to the bottom and price action is showing steeper upward movement. These are the targets is either side breaks. I would like to see at least a quick capitulation down to the green area before I would recommend diversifying into these assets/memes/god only knows.
#NFA #Godspeed
Amazon - Catch The Parabolic Rally Now!Amazon ( NASDAQ:AMZN ) will start the parabolic rally:
Click chart above to see the detailed analysis👆🏻
Just a couple of months ago, we finally saw the expected all time high breakout on Amazon. Following the overall governing rising channel pattern, I simply do expect the acceleration of the current rally, the creation of a parabolic rally, but maybe we will see a bullish retest first.
Levels to watch: $180, $400
Keep your long term vision,
Philip (BasicTrading)
Berkshire Hathaway - Gearing Up for a Bullish RallyNYSE:BRK.B is exhibiting strong bullish momentum, supported by consistent price strength and a clear uptrend. Recent price action confirms buyers' dominance, with the stock pushing higher and breaking through key levels, signaling further upside potential.
With no significant resistance ahead, the next logical target is $519.50, aligning with the upper boundary of the channel. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
GOLD → Consolidation ahead of NFP. What can happen?FX:XAUUSD is heading for resistance after a false breakdown of 2895. The market continues to test 2926 with the aim to break this zone. There is news ahead and the risks of increased volatility are growing.
Markets remain jittery over Trump's tariff plans, which supported gold demand. Trade tensions and mixed U.S. jobs data are adding to inflation risks, which could weaken the dollar. All eyes are on the NFP report.
Based on the analysis of the last few reports, a rough conclusion is that on average in the first 15 minutes, weak data led gold to rise 60 points and strong data led gold to fall 50 points
However, other factors such as inflation and data revisions may dampen the market reaction. The final effect depends on investors' assessment of the Fed's future policy.
Resistance levels: 2926, 2942
Support levels: 2912.5, 2909.5, 2895
Before the news, the price may test 2926 with a false breakout (MM trap for liquidity) and roll back to the nearest support.
But further prospects depend on the news. Gold is in consolidation 2926 - 2895. On the background of possible weak data gold may overcome 2926 and accelerate to ATH. Strong data may provoke profit taking and correction to 2895 - 2875
Regards R. Linda!
AUDUSD → Retest of the imbalance zone before growth FX:AUDUSD on the back of strong dollar decline has all chances for further growth, but today, Friday, the risks are quite high, as NFP is ahead...
The currency pair is forming a local uptrend, in tandem with the falling dollar the Aussie may continue its strengthening course.
On the 4H a local correction to the imbalance zone is forming, where a rather strong support line 0.63 is just passing. The price is forming a false breakout and after capturing liquidity is trying to consolidate higher. If the bulls can keep the defense above 0.63 - 0.633, the price will be able to continue the growth phase in the short and medium term.
Support levels: 0.63, 0.6255
Resistance levels: 0.633, 0.6363
Consolidation above 0.63, subsequent rise and consolidation above 0.633 is an ideal scenario that could confirm the bulls' intentions to go higher. But, NFP and other news are ahead. Risks are rising and we should expect high volatility in the markets
Regards R. Linda!
EURJPY: Bullish Move From Support 🇪🇺🇯🇵
EURJPY looks bullish after a completion
of a consolidation on a key daily/intraday support.
A formation of a bullish imbalance candle provides a strong bullish confirmation.
I think that the price will go up and hit at least 160.33 level.
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GBPNZD Bullish Continuation - Will Buyers Push Toward 2.29000 ?OANDA:GBPNZD is currently trading within an ascending channel, maintaining a bullish structure. The price has broken above a key resistance zone and is now pulling back for a potential retest. This level previously acted as resistance and may now turn into support, aligning with a bullish continuation.
If buyers confirm support at this zone, the price is likely to move upward toward the 2.29000 level, which aligns with the upper boundary of the channel. However, a failure to hold this level could indicate a potential shift in momentum.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀
Do you think GOLD will go up or down today with the Nonfarm newsDo you think GOLD will go up or down today with the Nonfarm news?
In the Asian and European sessions, gold will still have a sideways range, but the range will be smaller than yesterday.
The price reaction will be from the 2916-2919 area down to 2900. And it's likely that today's Nonfarm news will be a liquidity sweep of buy orders to the 38.2% Fibonacci level, which is the 2970-2980 price range
-In summary, this analysis predicts that:
+ Before the Nonfarm news is released, the price of gold may trade within a narrow range.
+When the Nonfarm news is released, there is a possibility that the price of gold will make a temporary sharp move up to around 2970-2980 to "sweep liquidity" from buy orders, before potentially reversing downward.
What we saw in 1929 and 2000 is happening in 2025With how bad the economic data is right now, there's no way we can push through this trendline. Short SPY long TLT
GOLD → Consolidation ahead of Friday's NFP. What to expect?FX:XAUUSD stops and forms consolidation within the range 2926 - 2894.9. A false break of support may bring the market back to its senses amid the bearish dollar rally
A weaker dollar and expectations of Fed policy easing are supporting demand for the metal despite a pause in Trump's tariff measures.
Traders are waiting for key NFP data that could determine the future trajectory of the dollar and Fed policy. For today, all eyes are on Initial Jobless Claims.
Technically, gold within the 2926 - 2894 range is looking to test the liquidity zone on the support side as there is an unfilled fvg below 2894.9. Against the backdrop of gold's bullish trend and falling dollar, the chances of a rebound are quite high
Resistance levels: 2926, 2942
Support levels: 2894.9, 2878.7
Price may test the daily low or fvg, form a false breakdown of one of the mentioned support zones and continue to rise after capturing liquidity within the global uptrend
Regards R. Linda!
USDJPY → Readiness to break the daily support levelFX:USDJPY is testing strong key support at 148.64 for a breakdown. A falling dollar could affect further movement
The falling dollar is supporting the Japanese Yen, thus we may see the currency pair falling.
The price is trying to break the support of the daily level. A pre-breakdown consolidation of 150.3 - 148.64 is formed relative to this support. The last retest of the level ended with a small false breakdown, indicating that there is no one to defend the support anymore, there was no reaction except for another local consolidation, the purpose of which is to accumulate the potential to break the support.
Resistance levels: 150.3, 150.95
Support levels: 148.64, 147.17
The focus is on the level of 148.64 concerning which the market is struggling. The bulls have little chance to hold this level, as the dollar's fall exerts quite a lot of pressure.
The breakdown and fixing of the price below 148.64 may provoke a fall to 147 - 144.
Regards R. Linda!
DFDS bearish target hit -> bottom?As shown on an older chart, this was the target for the down trend.. Symmetry + ab=cd reached at channel low and a zone. 54% to the first upside target! Let's go.
SL might be too optimistic, but I'm willing to try a few times.
Would be f'ing epic :D
/edit.. There's a minor first target at gap close at 130
PI/USDT : UPDATE...hello friends
Considering the good growth of this token, it has made a good ascending channel which is well supported by the bottom of the channel and it can be said that it is a valid channel...
Now we expect it to move to the specified goals.
Note that the indicated support is an important support for the price and must be maintained for further growth.
*Trade safely with us*
Plan GOLD 06/03/2025Today the market has no outstanding news, and is waiting for NonFarm news tomorrow
so today is likely to be a sideways range in the area from 2900-2925
Hope you get good buy sell prices in this range
SELL: price range 2925-2930
SL: 2935
TP: 2900
BUY: price range 2890-2900
SL: 2895
GOLD (XAUUSD): Consolidation Continues
On a yesterday's live stream, we discussed that Gold is consolidating
within a horizontal range.
After a test of its resistance, we got a local sideways movement and distribution.
Violation of its minor support is a strong intraday bearish signal.
Because of that, I think that the price may drop to 2900 support.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Google Update - Trade this range and new ATH Identified Update video on the google Long that has been planned since early FEB. The level has now been hit and we got a nice reaction off that level . In this video I look into where I think we go next and how price plays out .
In the video I use the following tools TR Pocket FIB , 0.618 FIB , Pivots , Parallel Channel and the Fixed range Vol Profile.
If we stay range bound inside the channel then we have the potential to see a new high on google at the top of the channel in confluence with 1-1 ext + tr pocket expansion .
Watch the video and mark the levels on your chart and ensure to set your alerts .
Dont forget to Boost the chart Please and i welcome any questions TY
Bitcoin (BTC/USD) – Symmetrical Triangle Breakout or Breakdown?Bitcoin is currently consolidating inside a symmetrical triangle on the 1H timeframe, preparing for a strong move in either direction!
Key Levels to Watch:
📌 Breakout Target: $105,939 (+18%) 🚀
📌 Breakdown Target: $73,429 (-18%) ⚠️
📌 Resistance Zone: $92,000 (important breakout level)
📌 Support Zone: $84,000 (potential breakdown zone)
Technical Analysis:
🔹 BTC is forming a symmetrical triangle, which typically leads to a strong breakout or breakdown.
🔹 A breakout above $92,000 could send Bitcoin towards $105,939.
🔹 A breakdown below $84,000 could push BTC towards $73,429.
🔹 Confirmation with volume is key before entering a trade!
Trade Plan:
✅ Bullish Scenario: Buy above $92,000, target $105,939
❌ Bearish Scenario: Short below $84,000, target $73,429
🎯 Wait for a confirmed breakout or breakdown before entering a position.
Bitcoin is at a critical decision point—which way will it go? Let me know your thoughts in the comments! 🚀👇
Gold (XAUUSD) Breakout Setup – Targeting $3,014Gold is showing strong bullish momentum on the 1H timeframe, forming a breakout structure with a well-defined resistance and support zone.
Key Levels:
📌 Resistance: Around $2,940 (previous rejection zone)
📌 Support: Around $2,900 (previous consolidation zone)
📌 Target: $3,014 (+3.16% move)
Technical Analysis:
🔹 Gold recently broke out of a bullish flag pattern after a strong uptrend.
🔹 Price successfully retested the support zone and is now pushing higher.
🔹 A breakout above $2,940 could trigger a sharp rally towards the $3,014 target.
🔹 Volume confirmation and strong momentum support further upside potential.
Trade Plan:
✅ Long above $2,940 with a target of $3,014
❌ Stop-loss below $2,900 to protect against fake breakouts
Gold remains bullish, and if the price holds above the breakout zone, we could see a strong move higher! 🚀
Ready to short gold againBrothers, as I strongly expressed my point of view in the last article, short gold near 2916 and 2923, TP: 2895-2885. Gold just fell below 2895 during the decline, hitting our target area as expected. In this short gold transaction alone, I made more than $20K in profit. If you execute the transaction according to the trading strategy published in my channel, I believe you must have made a satisfactory profit.
At present, gold has rebounded again after touching 2894, and is currently trading near 2917. According to the current structure, gold has encountered resistance in the 2930-2940 area many times, and formed a triple top structural resistance in the short-term structure; and before the NFP market on Friday, I think it is difficult for gold to form a unilateral trend market, and it may still be dominated by maintaining a volatile market, so it is not easy for gold to break through the 2930-2940 resistance area in the short term.
So in short-term trading, I think gold is below 2930, and we still have the opportunity to short gold again, but the short-term TP setting can move up to the area around 2910-2900.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
