Gold Weekly Analysis | Will $3,360 Break or Hold? [July 14–18]In this video, I break down the recent gold price action and what to expect in the coming week. We’ll review how gold responded to last week’s FOMC minutes, why $3,360 remains a key decision zone, and what upcoming U.S. economic data (CPI, PPI, Retail Sales) could mean for price movement.
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Disclaimer:
Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading.
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Priceactionanalysis
LTTS Weekly Trade Setup(14th-18th July 2025) – Parallel ChannelThis week, L&T Technology Services (LTTS) is showing a potential breakout opportunity that requires patience and precision. As the stock approaches a key resistance zone near ₹4445, traders should resist the urge to jump in early and instead wait for a breakout and confirmed re-test before entering any long positions.
Let’s break this down.
1. Why the Breakout is Important
- LTTS has been consolidating within a parallel channel between ₹4280 (support) and ₹4445 (resistance). Breakouts from such structures often trigger significant moves — but only when confirmed.
- A false breakout can trap early traders. Hence, waiting for the price to break above ₹4445 and then re-test this level is critical.
2. The Strategy – Wait and React
📌 Step 1: Watch for Breakout
Monitor price action as it approaches and breaches the ₹4445 resistance.
Look for strong bullish candles with volume to validate the breakout.
📌 Step 2: Wait for Re-test
After breakout, price may pull back to test the previous resistance.
This re-test acts as a confirmation that bulls are defending the breakout.
📌 Step 3: Look for Confirmation
Enter only when you see a bullish candlestick pattern (like a bullish engulfing or hammer) near the re-test level on 15-min or 1-hour charts.
🛡️ Stop Loss:
Place your stop below the swing low of the re-test.
This protects you if the breakout fails.
🎯 Target:
Profit booking zone is near ₹4580–₹4600.
Risk/reward ratio: 1:2, 1:3, 1:4+
3. Why Re-test Entries are Powerful
They allow low-risk entries with a tight stop loss.
You avoid chasing price and reduce emotional trading.
Confirmation helps you filter out false breakouts.
4. Final Words
In trading, discipline often beats speed. This LTTS setup is all about timing and structure.
🔔 Watch for the breakout.
🧘♂️ Wait for the re-test.
🎯 Enter only with confirmation.
If executed properly, this trade offers a clean, high R:R opportunity with a clearly defined setup.
EURAUD Weekly Trade Setup(14 to 18th July 2025) - Head&ShoulderThis week, EURAUD (Euro/Australian Dollar) has entered a critical price zone, providing a textbook technical opportunity for traders. A clear Head & Shoulders pattern has formed on the 4-hour chart, pointing toward a potential trend reversal from bullish to bearish.
Let’s explore how to trade this intelligently from both bullish and bearish perspectives.
1. Bearish Setup – Head & Shoulders Pattern Breakdown
This is the primary trade idea for the week.
✅ Trade Logic:
Price has completed a classic Left Shoulder → Head → Right Shoulder formation.
The neckline (support) will be tested.
The current price is will pulling back to retest the right shoulder resistance zone, offering an ideal short opportunity.
🔻 Entry Plan:
Wait for bearish reversal confirmation (candlestick rejection or bearish engulfing) on the 1H or 4H timeframe.
Enter short once confirmation appears near 1.7850–1.7900.
📉 Stop Loss:
Place SL above the right shoulder high, adjusting for volatility and swing high (around 1.7950).
🎯 Targets:
Target zone: 1.7450–1.7500 (profit booking zone marked on the chart)
Potential Risk/Reward Ratio: 1:2, 1:3, or even 1:4+
2. Alternative Bullish Setup – Reversal at Neckline (High Risk)
This setup is for experienced or aggressive traders who spot early reversals.
✅ Trade Logic:
Price may bounce from the neckline and 200 EMA support area.
If this happens, a temporary bullish reversal may push price back toward the right shoulder zone.
🔺 Entry Plan:
Wait for bullish confirmation (reversal candle) near the neckline and EMA support (around 1.7700).
🚨 Stop Loss:
SL must be below the neckline swing low (around 1.7650).
🎯 Targets:
Resistance zone (right shoulder): 1.7850–1.7900
R:R setups of 1:2 or 1:3 possible
⚠️ This is considered a counter-trend trade and should be traded with caution.
3. Technical Confluence and Indicators
Pattern: Head & Shoulders (bearish reversal)
EMA 200: Price reacting around the long-term trend line
Support/Resistance: Cleanly defined horizontal zones
Reversal zones: Highlighted in red (supply) and green (demand)
4. Final Thoughts
This week’s EURAUD setup is a strong example of structure-based trading. With a well-formed head and shoulders pattern and a clean neckline break, the market signals a shift in momentum.
Safe Approach: Trade the short side after resistance rejection.
Risky Approach: Try a long on neckline bounce with tight SL.
Always confirm with your system and maintain strict risk management. Trade what you see, not what you feel.
Ready to trade? Save this setup, monitor price action, and execute only with confirmation.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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BTC's increasing fomo force will push the price up furtherCRYPTO:BTCUSD just broke the important resistance zone and trendline around 110000. This price increase to create a new ATH will create a large amount of FOMO in the market pushing BTCUSD to increase more than half. 116,000 FIbonacci extension points are considered the immediate Target for the uptrend.
Waiting for retests to the support zone for the trend-following BUY strategy.
Support: 110000-107500
Resistance: 116000
Buy zone: 110000 ( support + trendline)
Buy Trigger: break above 112000
Leave your comments on the idea. I am happy to read your views.
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.
ACC Trade Setup for the Week(14–18 July 2025) – Uptrend ChannelACC Ltd. (NSE: ACC) has been trading inside a clean uptrend channel for the past few weeks, bouncing consistently between rising support and resistance. Now, it approaches a critical inflection point — the lower support of the channel.
While no breakdown has occurred yet, the structure is weakening, and a bearish opportunity may soon present itself. Let’s explore how to trade this if the setup confirms.
1. What’s Happening on the Chart?
ACC is trading close to the channel support zone (~₹1975).
The resistance zone near ₹2000–₹2020 has held strong.
A potential breakdown below the rising green support trendline could trigger a bearish move toward the ₹1910–₹1920 demand zone.
But nothing is confirmed yet — this is a watchlist setup.
2. Trade Setup – Conditional Bearish Opportunity
✅ Trade Plan:
Wait for breakdown of the rising support line.
After breakdown, wait for a re-test of the broken support zone (~₹1975–₹1980).
Look for bearish confirmation via a candlestick pattern (engulfing or strong rejection) on the 15-min or 1-hour timeframe.
🚨 Entry Trigger:
Only enter short if re-test holds and price starts reversing.
📉 Stop Loss:
SL should be above the re-test high (around ₹1990–₹1995).
🎯 Target:
Profit booking zone: ₹1910–₹1920.
Potential R:R: 1:2, 1:3, or even 1:4 depending on entry.
3. Why This Setup Matters
Trend exhaustion is visible near the upper resistance of the channel.
A clean breakdown + re-test gives a low-risk entry.
The 200 EMA lies near the target zone, providing confluence for mean reversion.
4. What If There’s No Breakdown?
If price respects the support and bounces again, no trade should be taken on the short side.
In that case, look for possible bullish reversal signals back toward channel resistance — or stay neutral.
5. Final Thoughts
This is a highly conditional setup — and patience is the key. Don’t jump the gun. The best trades happen after confirmation.
🔔 What to watch this week:
Breakdown below ₹1975 support
Re-test and rejection from ₹1975–₹1985
Confirmation candle (bearish engulfing)
Only then consider a short trade toward ₹1910 with a well-placed SL.
Plan your trade. Wait for structure. Trade only when the market shows its hand.
XAUUSD Weekly Trade Setup(14-18th July 2025) - Bullish StrategyIn the ever-volatile world of commodities, Gold (XAUUSD) has yet again presented a promising technical setup. For traders looking to capitalize on price action and structure-based strategies, the upcoming week (14th to 18th July 2025) offers a clean breakout and retest opportunity backed by a strong risk/reward ratio.
Let’s break down the trade plan in detail.
1. Overview of the Current Market Structure
As shown in the 4-hour chart, XAUUSD is approaching a key horizontal resistance zone around 3360–3370. Historically, this area has acted as a rejection point for buyers. However, the recent bullish momentum, supported by price trading above the 200 EMA, suggests a potential breakout.
This forms the basis of a Breakout-Retest-Continuation strategy – one of the most reliable setups in price action trading.
2. The Trade Plan
Here’s the structured plan for this setup:
🔵 Step 1: Wait for the Breakout
Price must break above the resistance zone (3360–3370) with a strong bullish candle.
Avoid chasing the breakout; instead, let the market confirm its direction.
🟠 Step 2: Look for the Retest
After the breakout, wait for the price to pull back to the broken resistance, now acting as support.
Confirm this retest with a reversal candlestick pattern (e.g., bullish engulfing or hammer) on the 1H or 4H timeframe.
🔴 Step 3: Entry and Stop Loss
Enter the trade after the confirmation candle closes.
Place a stop loss below the swing low of the retest zone.
This protects the trade in case of a false breakout.
🟢 Step 4: Set Your Target
The profit booking zone lies around the 3440–3450 region.
This setup offers a Risk/Reward Ratio of 1:4, targeting 1:2, 1:3, and potentially 1:4 if momentum continues.
3. Why This Setup Makes Sense
EMA Confirmation: Price is trading above the 200 EMA, showing bullish bias.
Clean Price Action: Well-defined structure makes it easy to identify breakout/retest levels.
Strong Risk Management: The stop is tight and logical, while the upside potential is considerable.
Psychological Support Zone: 3360–3370 has repeatedly acted as a key decision level.
4. Trade Management Tips
Trail your stop loss once 1:2 R:R is achieved.
Consider partial profit booking at 1:2 or 1:3 to lock in gains and reduce risk.
Be patient – the key to this strategy is waiting for the retest confirmation.
5. Final Thoughts
Trading XAUUSD can be both rewarding and risky. This weekly setup gives you a disciplined approach to enter the market at a high-probability point with excellent reward potential. Whether you’re a swing trader or an intraday scalper on lower timeframes, this strategy adapts well with proper confirmation.
Stay tuned for live updates, and as always – plan your trade, and trade your plan.
Happy Trading!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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11.07.25 USDJPY Trade Recap + Re-Entry for +2.5%A long position taken on USDJPY for a breakeven, followed by a premature re-entry that I took a loss on. I also explain the true re-entry I should have taken for a 2.5% win.
Full explanation as to why I executed on these positions and also more details around the third position that I did not take.
Any questions you have just drop them below 👇
XAUUSD- Bearish AB=CD pattern at resistance zone!Timeframe:2H|Pattern: AB=CD| Bias: Bearish Reversal!
Gold (XAUUSD) has completed a precise AB=CD pattern aligning perfectly with a strong resistance zone near 3340-3350 the symmetry of the harmonic pattern combined with historical rejection levels gives a strong signal for a potential downside move
Trade setup idea:
Sell entry: 3340-3350
target:1: 3300
target:2: 3260
risk reward: Favorable setup with harmonic confirmation.
XAU/USD (Gold) Analysis : Structure analysis + Next Reversal📌 1. Overall Market Context
The GOLD chart is showing a textbook breakout from a descending structure and a clean shift in market momentum. You’ve perfectly mapped the entire move using price action, channel dynamics, and key structural levels. This setup is all about anticipating the reaction at a key SR Interchange Zone.
🛠️ 2. Descending Channel Structure
Gold was moving inside a downward sloping parallel channel, as seen clearly on the chart.
Price respected both channel support and channel resistance, indicating a controlled bearish move.
The tag “Channel Support” shows the final reaction before the breakout.
This pattern often signals a corrective phase, not a strong downtrend.
✅ 3. Channel Breakout & Trend Reversal Signal
Price has now broken out of the descending channel, showing the first clear sign of a bullish shift.
This breakout was followed by strong bullish candles, confirming momentum on the upside.
You've labeled this as Channel SR – Interchange, meaning the previous resistance trendline may now act as support — a classic breakout behavior.
📉 4. Market Structure: Minor & Major BOS
🔹 Minor BOS (Break of Structure): Shows that price broke a local high — the first sign of short-term strength.
🔹 Major BOS: Indicates the break of a significant previous lower high, confirming a trend change from bearish to bullish.
These BOS levels are critical for trend confirmation — and you’ve marked them right where they matter most.
🧠 5. Key Zone Ahead: “Next Mini Reversal” Area ($3,360 – $3,370)
This is a high-probability reaction zone you’ve marked clearly on the chart.
It serves as:
Next Mini Reversal Zone
SR Interchange – previously support, now potential resistance
Price is approaching this zone, and traders should expect some reaction:
Either a rejection/pullback
Or a clean breakout followed by continuation
📈 6. Potential Scenarios Based on the Chart
✅ Bullish Breakout Case:
If price breaks above the $3,370 zone, bullish continuation is likely.
Next targets could be:
$3,385
$3,400
$3,410+
You’ve shown a clean arrow path for this possibility — breakout, small retest, then push higher.
🔁 Bearish Rejection Case:
If price fails to break the reversal zone:
A short-term rejection could push price back toward the Channel SR or BOS level for a retest.
This would form a higher low, keeping the bullish structure intact.
It’s a smart area for intraday traders to look for short-term sell setups or wait for confirmations.
🔐 7. Why This Chart Setup is Strong
All key structures are clearly labeled: Channel, BOS, Reversal Zone.
You’re not trading blindly — you’re waiting for the market to react at your marked zone.
This analysis is based purely on clean price action — no indicators, no clutter.
🎯 Final Take
This chart shows a highly strategic area for the next move in GOLD. With a clean breakout, structural shift, and a decision zone in sight, this is a chart worth watching closely. Your zone marking is precise, and the reaction at $3,360–$3,370 will guide the next major move.
Gold Price Analysis July 11Gold price today continues to maintain a strong upward momentum after breaking the previous support trendline (gold wire). Currently, SELL orders should only be considered as short-term response transactions, with priority given to monitoring to join the main trend.
✅ Trend: Up has been confirmed, the nearest target is towards the 3390 area today.
🔑 Key Levels:
Support: 3330 – 3314
Resistance: 3345 – 3362 – 3388
🎯 Trading strategy:
SELL activation: Watch the 3345 area, only SELL when there is a price rejection signal with a confirmation of a decrease.
Potential SELL area: 3362 – 3387 (strong resistance).
BUY Activation: Look for buying opportunities at support 3330 – 3314 if there is a clear bullish reversal signal.
BTCUSD Heading Yesterday's Resistance Zone, Price Will React After a recovery to 107.500 BTCUSD is recovering to the upside again towards the resistance of 1.09500. This is the convergence zone between the trendline and yesterday's high. BTCUSD price may correct lower from this zone. Then find some new bullish momentum at strong support zones towards an all-time high.
Support 107.500 - 105.300
SELL Trigger: Break bellow 107.500
Resistance: 109.500- 110.500
Wish you successful trading, leave your comments about BTC.
Gold price surge, today will have a decline✏️ OANDA:XAUUSD The recovery of the D1 candle and the closing candle above 3313 means that the market's downtrend has almost been broken.
The reaction at the current trendline 3284 is still very strong. The price is strongly supported by the buyers, causing gold to return to trading in a wide range.
The 3328 zone will be important in the near future. If it does not break, there will be a decline to the Gap price zone this morning. Trading according to the top-bottom method is suitable for the current market.
Support: 3312-3295-3279
Resistance: 3328-3339-3349-3363
Sell trigger: rejection from 3328–3,340 resistance block
Target: 3295 Support zone, followed by 3279 lower zone
Leave your comments on the idea. I am happy to read your views.
#SENSEX Intraday Support and Resistance Levels - 11/07/2025Sensex is expected to open flat after a consolidation phase and weak closing in the previous session. The index is currently hovering near the support zone of 83400–83300. If Sensex breaks and sustains below this level, further downside may unfold toward 83050, 82900, and 82800. This level should be watched closely as a decisive break may trigger increased selling pressure.
On the upside, a recovery and breakout above 83500–83600 could indicate a potential reversal. Sustaining above this zone can lead the index to rally toward 83800, 83950, and possibly 84100+. However, the price action near this resistance band will be crucial for any confirmation of bullish strength.
Overall, the sentiment remains weak with a bearish bias unless a strong breakout happens on the upside. Traders should remain cautious and focus on these breakout levels for intraday opportunities with proper risk management.
#NIFTY Intraday Support and Resistance Levels - 11/07/2025Nifty is likely to open on a flat note today, continuing the weakness seen in the recent sessions. The index has shown a consistent downward move after facing resistance near the 25550 zone. If Nifty sustains below the 25450–25400 range, it may trigger further bearish momentum with immediate targets at 25350, 25300, and 25250. Breaching 25200 could lead to further downside toward 25150, 25100, and 25050 levels.
On the other hand, any sharp reversal and breakout above 25550 may revive bullish sentiment. Sustaining above this level can push the index toward 25600, 25650, and 25750+. However, upside movement will require strong buying interest and volume support.
Overall, the broader trend remains weak unless a clear breakout occurs. Traders are advised to trade with caution, wait for directional confirmation, and use strict stop-loss to manage risks in this volatile environment.
[INTRADAY] #BANKNIFTY PE & CE Levels(11/07/2025)Bank Nifty is expected to open flat today after a prolonged consolidation and a narrow trading range observed in the previous sessions. The index is hovering near the support zone of 56900–57000, which has acted as a critical level in recent price action.
If Bank Nifty sustains above 57050–57100, we may witness a rebound towards 57250, 57350, and 57450+. However, a decisive breach below the 56900 level can trigger a sharp fall, with immediate downside targets at 56750, 56650, and 56550-.
Since the index is trading close to a major support zone, today's movement could decide the next directional trend. Until a breakout or breakdown is confirmed, expect range-bound moves with limited momentum.
Descending Channel Pattern Forming in EUR/USDThe EUR/USD pair is currently trading within a well-defined descending channel on the 1-hour timeframe, as shown in the chart. The pair has been making consistent lower highs and lower lows, indicating a bearish trend. The red downward-sloping resistance line has been respected multiple times, while the green support line continues to act as a buying zone for bulls.
The resistance trendline has been tested five times (marked with red arrows), confirming strong selling pressure.
The support line has held three key touches (green arrows), suggesting buyers are still defending this level.
A breakout below the support zone could lead to further downside, while a reversal or breakout above resistance may trigger bullish momentum.
Traders should watch for volume confirmation and breakout direction before entering new positions.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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BTCUSD At Crucial Pivot Point. Is This The Ceiling? - PhoenixFX BTCUSD Price-Action Analysis & Scenarios
Below is an overview of the two possible paths for Bitcoin over the coming days, as sketched out by the black and red arrows on your chart. We’ll also highlight the key pivot level and resistance zone that will decide which scenario plays out.
🔵 Key Levels to Watch
Established Resistance (~$111,800–$112,500)
This zone marks multiple failed attempts to break higher in recent weeks. It’s where large stop-runs and sell-side limit orders tend to cluster. A decisive daily close above $112K is required to signal genuine bullish continuation.
Daily Pivot Point (~$110,600)
Acting as the “battle line” between bulls and bears, this pivot is the first level to confirm market bias.
Above $110.6K: Tends to favor buyers, suggesting strength and higher-high attempts.
Below $110.6K: Gives the bears the edge, increasing the odds of deeper retracements.
📈 Black-Arrow (“Bullish Continuation”) Scenario
Break & Hold Above Resistance
Price thrusts cleanly above $112K on strong volume.
Retest the H4 Order Block (~$111,000–$111,200)
A shallow pullback into the highlighted H4 demand zone (blue box) offers a lower-risk long entry.
New Highs
From there, Bitcoin resumes its uptrend, closing the week with fresh highs above the prior $113K peak.
Key Trigger: Sustained daily close above $112K, followed by a successful retest of that level.
📉 Red-Arrow (“Bearish Rejection & Dip”) Scenario
Rejection at Resistance
Price stalls and reverses somewhere between $111,800–$112,500, forming a bearish reversal candle.
Drop to Daily FVG Zone (~$104,000–$105,000)
This larger Daily Fair-Value Gap (blue box lower on the chart) coincides with strong weekly support—an ideal zone for dip buyers.
Recovery Rally
After absorbing selling pressure in the FVG, BTC bounces back toward the established resistance, setting up a second test of $112K.
Key Trigger: Clear bearish price action (e.g., engulfing or pin-bar) in the $111.8K–$112.5K zone, followed by a daily close below the pivot at $110.6K.
🎯 How to Trade These Setups
Bullish Entry:
Wait for daily close > $112K
Enter on pullback into $111K–$111.2K (H4 order block)
Stop below $110.6K pivot; target new highs above $113K+
Bearish Entry:
Look for bearish reversal signals in $111.8K–$112.5K
Enter on break & close below $110.6K pivot
Target $104K–$105K (Daily FVG); stop above $112.5K
Note: The pivot at $110.6K is your first “line in the sand” for bias—trade in the direction of the break, and use the major resistance zone to confirm strength or failure. Always manage your risk and adjust to how price actually unfolds!
Just a Heads-Up:
This is my take on the charts—not gospel, not financial advice, and definitely not a crystal ball 🔮. Trading is part skill, part patience, and part “what just happened?” 😅
We all see things a little differently, and that’s the beauty of it. So if you’ve got a hot take, wild theory, or just want to drop some chart wisdom—hit the comments!
Let’s grow, learn, and laugh through the madness together. 🚀📈
Each one, teach one.
— Phoenix FX Team 🔥🦅
#SENSEX Intraday Support and Resistance Levels - 10/07/2025Sensex is expected to open flat today, continuing the consolidation observed in the past few sessions. The price action remains range-bound with key support near 83400 and resistance around 83600 levels.
Currently, Sensex is hovering near its critical range with buyers and sellers struggling for control. A breakout above the 83500–83600 zone may trigger fresh bullish momentum with targets at 83800, 83950, and 84100+. Sustained movement above 84100 could signal a stronger trend reversal.
On the downside, a breakdown below the 83400 level could lead to weakness, with immediate targets at 83050, 82900, and 82800-.
#NIFTY Intraday Support and Resistance Levels - 10/07/2025Nifty is also expected to open flat today, reflecting a similar consolidation pattern observed in recent sessions. The index continues to trade within a tight range, signaling indecisiveness among traders and lack of strong directional momentum.
Currently, Nifty is oscillating in a consolidation zone between 25550 resistance and 25450 support. A breakout above 25550 could trigger fresh long entries, with potential upside targets at 25600, 25650, and 25750+. Sustained strength above 25750 may open the way for extended bullish movement.
Conversely, a breakdown below the 25450 level may lead to short opportunities, with downside targets at 25350, 25300, and 25250-.
Until the index decisively breaks out of this range, sideways movement is likely to persist. Traders should wait for confirmation before taking aggressive directional positions.