downtrend, back to 3300 gold price⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) inch higher in early Asian trading on Wednesday, recovering part of Tuesday’s sharp decline to multi-day lows, though follow-through buying remains limited. Lingering uncertainty surrounding US President Donald Trump’s trade tariffs, combined with expectations that the Federal Reserve (Fed) will maintain elevated interest rates, continues to dampen risk appetite. This weaker market mood is providing modest support to the safe-haven metal.
Meanwhile, the US Dollar (USD) eases slightly after Tuesday’s surge to its highest level since late June, which is helping gold stabilize. However, persistent speculation that the Fed may delay rate cuts, following a slight uptick in US inflation, continues to bolster the greenback and could cap further gains in gold. Traders remain cautious and await today’s US Producer Price Index (PPI) release for clearer direction.
⭐️Personal comments NOVA:
Selling pressure, break 3340 downtrend line continues. Economic news is helping DXY recover
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3381- 3383 SL 3388
TP1: $3370
TP2: $3360
TP3: $3350
🔥BUY GOLD zone: $3306-$3304 SL $3299
TP1: $3318
TP2: $3330
TP3: $3343
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Shortsetup
EURUSD📉 EURUSD – 30min Short Plan
📊 Structure: LLs & LHs forming – bearish trend confirmed
🕯️ Pattern: Bearish Engulfing at Lower High
🎯 Entry: instant
📌 Trade 1
– 🎯 TP1: 1:1
– ⚠️ Risk: 1%
📌 Trade 2
– 🎯 TP2: larger reward
🛠️ Execution:
– Place both trades at same entry
– Trail SL after TP1 hit
📎 Bias: Bearish
Big Week for Markets: U.S. CPI Tomorrow – What It Means for GoldThis week is packed with news, but the main focus is the U.S. CPI report dropping tomorrow.
🗓 Key Event: U.S. CPI Report
📍 July 15, 2025 | 12:30 p.m. UTC
The CPI report measures inflation and heavily influences the Fed’s rate decisions. Last month’s CPI came in at 2.4% vs. 2.5% expected, following 2.3% vs. 2.4% in April. While it seems inflation is rising, the bigger picture shows stable annual inflation in the 2.3%–3.0% range, keeping things under control—likely the reason Trump is pressuring Powell to cut rates.
Market expects June CPI to be 2.7%.
🤔 Possible Scenarios:
1️⃣ CPI > 2.7%: Bullish for DXY 📈. The stronger the print, the bigger the spike, but I see this scenario as less probable.
2️⃣ CPI < 2.7%: Bearish for DXY 📉. We may see a USD dump, though likely shallow since CPI could still be higher than previous months.
✨ What About Gold?
I don’t expect a major reaction in gold:
✅ Higher CPI? Gold often benefits as an inflation hedge.
✅ Lower CPI? Also supportive for gold as it weighs on the USD.
🔍 Technical Outlook:
Gold has been trading within a triangle since April 22, forming lower highs and higher lows. We may currently be in Wave D (Elliott Wave), aiming toward the triangle’s upper boundary slightly above $3,400 resistance. After that, Wave E may develop – but that’s a story for another post.
USDJPY: Bearish Divergence – Eyeing Shorts to 143 CAPITALCOM:USDJPY
We’re seeing strong bearish divergence in USDJPY near the 148 resistance zone, shifting our focus to short opportunities with a medium-term target at 142.
📈 Trading Plan:
🔻 SELL Stop: 147.040
❌ Stop Loss: 149.220
✅ Take Profit: 143.000
(Click 👉 Trade Now 👈 on your mobile to copy SL & TP easily)
🔍 Why am I short here?
✅ Technical: Clear bearish divergence on the H4 (RSI & MACD), indicating potential reversal signals.
✅ Resistance Zone: Price is testing the key 148 resistance, providing an ideal risk-reward location for shorts.
✅ Macro Event: Ahead of tomorrow’s US CPI release, a conservative trade structure is maintained to manage volatility risks.
📰 Fundamental Snapshot:
Japan’s economy shows signs of stabilization:
Core machinery orders fell only 0.6% MoM in May to ¥913.5B, much better than April’s -9.1% and forecasts of -1.5%.
Despite the headline decline, it indicates resilience in Japan’s capital spending, supporting the JPY’s medium-term outlook amid global trade and growth risks.
Trade cautiously!
TSLA Short Setup – Fading the July 7 Gap FillTSLA Short Setup – Fading the July 7 Gap Fill 📉
This short idea on TSLA builds off a key gap fill from Monday, July 7 , combined with a strong local volume profile and risk-reward alignment on the 15-minute chart.
Entry: $312.76
Stop Loss: $314.81 (above gap resistance and local high)
Target: $299.89 (gap base and volume shelf)
RR: ~6.3R
Why I'm shorting here:
TSLA has just filled the July 7 gap , which often acts as a technical resistance zone on retest.
Price stalled right as it completed the fill — with visible hesitation and selling pressure stepping in.
VRVP shows low liquidity above, suggesting diminished reward for upside continuation.
Below, there's a clean volume shelf around $294–$300 that could attract price if weakness confirms.
Trade Logic:
This is a classic fade-the-gap-fill setup, targeting the lower edge of the volume cluster for a potential bounce or reversal zone.
As always: size accordingly, stick to the stop, and don’t chase if the entry’s already gone.
Thoughts? Anyone else watching this gap level?
NFLX CRACK!!Classic breakdown move from a rising F flag!
Massive Head and shoulders formed, that head test followed through, taking out stops, and now failing off the top of the channel.
Screaming CAUTION to the bulls!
Nice simple short setup for bears.
Click boost, follow, and subscribe. Let's get to 5,000 followers. ))
Rejection from Supply Zone, Bearish Continuation Toward PDLAfter failing to break out with strength and confirm the demand zone, EUR/USD is showing signs of a bearish continuation. The price was rejected from the Demand Zone near the NY High, indicating a possible shift in momentum.
This setup suggests the pair may continue its downward trend, aiming for the Previous Day Low (PDL) around 1.16620. With a favorable risk-to-reward ratio of 1:5, this move could present a clean and high-probability short opportunity as long as bearish structure holds.
Gold Trade Setup – Long Invalidated, Watching Retest for ShortGold has been consolidating between $3,200 and $3,500, recently pressing against a descending resistance line that has rejected price several times. I was favoring the upside, but our long setup was invalidated — the stop loss at $3,330 was hit.
Price is now retesting ascending support, and I'm shifting focus to a short opportunity, using our previous long entry level (~$3,333) as a key area of interest for entries.
Here’s the updated plan:
Short Entry: Around $3,333
Stop Loss: $3,340
Take Profit: $3,303
Remaining cautious but opportunistic — the larger structure is vulnerable and could break further if support fails.
EURJPY SHORT DAILY FORECAST Q3 D10 W28 Y25EURJPY SHORT DAILY FORECAST Q3 D10 W28 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📝
✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
🔑 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
Accumulated above 3300, market is sideways⭐️GOLDEN INFORMATION:
Gold prices posted modest gains on Wednesday, supported by a pullback in US Treasury yields, even as the US Dollar remained firm against major currencies. Market sentiment continued to be driven by trade developments, while the Federal Reserve’s latest meeting minutes revealed that policymakers are still leaning toward a rate cut in 2025. At the time of writing, XAU/USD is trading at $3,312, up 0.31%.
The FOMC minutes indicated that the majority of Fed officials believe a rate cut this year would be appropriate, with a few members open to the possibility of initiating a reduction as early as July—provided the economic data continues to align with expectations.
⭐️Personal comments NOVA:
Gold price recovered to 3320, mainly still accumulating, waiting psychology on current tariff situation of countries
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3358- 3360 SL 3365
TP1: $3345
TP2: $3332
TP3: $3320
🔥BUY GOLD zone: $3245-$3247 SL $3240
TP1: $3256
TP2: $3269
TP3: $3280
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
HIGH POWERED SHORT ZONE 2.0HIGH POWERED SHORT ZONE ⚡️
Usually, a 3% move doesn’t make anyone blink—but this one? It sent BTC into all-time high territory. I almost popped the champagne… until I remembered I’m in a short.
Not because I don’t believe in upside—but because my add zone in the HIGH POWERED SHORT ZONE hasn’t been tagged. Yet.
Here’s the breakdown 🧵👇
________________________________________
Before anyone goes bUCK wilD and cracks open that dusty bottle of Veuve, double-check something:
📅 The July 10th daily candle needs to close above the monthly swing high (orange line).
If BTC bulls lock that in, then a move deeper into the HIGH POWERED SHORT ZONE becomes real...
play-the-game real…
________________________________________
Where’s this HIGH POWERED SHORT ZONE coming from?
🔻 Solid red line – a trendline from Dec 2024 that has held strong through three separate tests — marking it as a key line on the sand.
🔻 Dashed red line – goes all the way back to Dec 2017. A seasoned veteran of resistance.
I also drew in a white ascending channel—not just for looks. If BTC breaks out, this channel will help us ask:
“How high is too high?”
________________________________________
Now enters Fibonacci — where nature maps out key alignments on the chart. 🌱
🟡 Gold lines = Fib golden ratios
🔵 Teal lines = Fib Degen Ratios
It’s wild how they just line up:
• 2.618? Right on the top of the channel.
• 1.618? Sitting on the 2017 trendline.
• 0.618? Near current support + bottom of the channel.
Also had to draw that horizontal support white line to keep an eye on.
A Bounce or bust? Ask the bUCKmOON!
ENVX TradeENVX is the poster child of the 2021 SPAC/IPO bubble. It's shares have essentially been in a downtrend since going public.~35% short interest on the name, no need to go in depth on the fundamentals (or lack there of).
Technical play here, shares are grinding up on the long-term trend resistance line. Expecting a move back toward the 200 day SMA in the next couple months. Stop out at 16 if there's a squeeze, or things get memey.
Near term target - $9.50. Long term target - zero.
I like 5+ month expirations OTM puts here.
Good Luck! This is not financial advice
Open AI building it's own Browser- Open AI building it's own Browser. They have the talent to build it.
- Apple buying Perplexity AI
- MARKETSCOM:GOOGLE chrome isn't the best. I find Firefox better than Chrome but that's subjective. There's no stickiness in web browsers honestly. It's just that there are no good options.
- Recently, Google chrome added some weird looking AI summarizer on top which must be reducing number of organic hits to the website.
- I'm bullish long term but bearish short term. Open AI is really disruptor and has strong talent density better than Google in my opinion.
Gold Setup for longs and shorts This video covers gold on the local range whereby I expect price to eventually complete the move to the downside and clear the equal lows from MAy and June as well as take care of the poor lows and fill Quart Pivots .
I talk also about the Tradingview session volume profile chart and how this feature can really be a simple yet powerful guide for taking scalp trades off of specific levels and I show a couple of examples of the respect PA has for hitting those daily POC .
I Welcome any questions you may have
BTC , 4hr , BearishBTC is Forming a Pattern and it is at the top of the Another Pattern and It is facing rejection 3 Times from Above and now it is forming another pattern inside and Ready for Break Down of the Pattern , if it breaks the Pattern Down then it will be bearish almost 90% it will move to down side , if it has not given Breakdown and moving inside the small pattern then wait patiently and observe carefully .
Then it may also give Breakout for up side .
Follow Risk Management Properly
Follow for More Swing Ideas Like this .
AUDJPY SHORT FORECAST Q3 W28 Y25AUDJPY SHORT FORECAST Q3 W28 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 Identified
✅Daily Order block identified
✅4H Order Block identified
✅15' Order block identified
🔑 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