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Gold at Key Decision Zone – Bounce or Break?Price is currently hovering above a strong support zone, showing potential for a short-term bounce. 🔁 If this zone holds, we could see a bullish reaction toward the 4H trendline resistance above. 📈 However, a break below may lead price to drop and tap into the M30 Order Block (OB) for a deeper mitigation before any move up. ⚠️ If this happen we could look for potential sell till the OB test otherwise the buying opportunity should focused more 🎯 Watch these key zones carefully – market is at a decision point! Both buy and sell setups possible depending on how price reacts at these levels.
TVC:GOLDLong
by Erin_Gold_Vault
Bullish Momentum Fading? Key Correction Levels Ahead XAUUSD – Bullish Momentum Fading? Key Correction Levels Ahead (23 July) 📰 Market Overview Gold surged strongly overnight, driven by: A speech from Fed Chair Jerome Powell, with no hints of resignation or major policy shift. Rising geopolitical tensions between the US, China, and the EU — with the 1st of August marked as a key deadline. A notable drop in US bond yields and the US Dollar, triggering increased demand for safe-haven assets like gold. While today’s economic calendar is quiet, the market remains sensitive to sudden volatility. 📉 Technical Analysis On the H4 chart, the recent bullish wave shows signs of exhaustion. Reversal candles are now forming on the H1 and M30 timeframes — suggesting a potential correction in the short term. The 3412 – 3410 support zone will be critical. If price breaks below and invalidates the ascending trendline, we may see a deeper pullback toward lower liquidity zones (FVGs). Below that, the 335x region offers strong confluence (Fibonacci 0.618 + previous demand zone), making it a prime area for potential long entries if price action confirms a bounce. 📌 Trade Setups to Watch 🔻 SELL ZONE: 3469 – 3471 Stop Loss: 3475 Take Profit Targets: 3465, 3460, 3455, 3450, 3445, 3440, 3430, 3420 → Wait for a breakout and retest before shorting. 🔸 BUY SCALP: 3385 – 3383 Stop Loss: 3379 TP Targets: 3390, 3394, 3398, 3402, 3406, 3410 → Ideal for intraday pullback entries with clear structure. 🔹 STRONG BUY ZONE: 3356 – 3354 Stop Loss: 3350 TP Targets: 3360, 3364, 3368, 3372, 3376, 3380, 3390, 3400 → Great long-term entry zone with technical alignment (liquidity + fib levels). ⚠️ Risk Management Reminder Even in low-news sessions, markets may spike unexpectedly due to political statements or liquidity sweeps. Always respect your TP/SL levels — smart trading is protected trading. 💬 Patience breeds precision. Wait for the zone, trust the plan, and manage the trade.
OANDA:XAUUSDShort
by MMFlowTrading
2
US30 SHORT FORM RESISTANCE| ✅DOW JONES index keeps Growing in a strong uptrend And we are bullish biased long-term However the price has hit an all-time-high Resistance level of 45,072(which can be seen Further left you zoom out on higher TF) So as we are already seeing a local Bearish reaction we will be Expecting a local bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ 

 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:US30Short
by ProSignalsFx
1
EUR/USD About to Trap the Bears? Final Push Before the Drop! EUR/USD is showing a solid short-term bullish structure, with a move initiated from the demand base around 1.1560, fueling a strong rally toward the current level near 1.1770. Price is now approaching a significant supply zone between 1.1790 and 1.1875, previously responsible for the last major bearish swing. This area also aligns with projected Fibonacci levels (25%-100%), reinforcing its relevance as a possible inflection point. This movement suggests there’s still room for price to push higher, likely completing the final leg of this bullish cycle before a more convincing short setup develops. At this stage, Fibonacci levels are not acting as firm supports, but rather as hypothetical pullback projections: once price enters the 1.1800–1.1875 area, it will be key to monitor for signs of exhaustion. A rejection here may initiate a bearish retracement toward 1.1670–1.1650, in line with the 62–70.5% fib levels. Retail sentiment remains highly contrarian: 76% of traders are short, positioning themselves too early against the trend. This imbalance adds fuel for a potential continuation higher, as the market may seek to "squeeze" these premature shorts. Additionally, the COT report confirms growing institutional interest in the euro, with non-commercials increasing their net longs, while USD net long exposure continues to shrink. Seasonality adds further confluence: late July is historically bullish for EUR/USD, suggesting one final leg up could materialize before a typically weaker August. ✅ Trading Outlook EUR/USD is technically aligned for a final push toward the 1.1800–1.1875 premium zone, where a potential short opportunity may arise. The rally is currently driven by overextended retail shorts and supportive institutional flows. Only after price interacts with the upper supply zone should reversal signs be evaluated, with correction targets around 1.1670–1.1650. The ideal play: wait for confirmation of bearish intent in August, when seasonal weakness typically kicks in.
Short
by EdgeTradingJourney
2