Get started

Support and Resistance

XAU/USD Bearish Retest in Play – More Downside Expected?### **Title: GOLD | Bearish Retest at Key Resistance – More Downside Ahead?** ### **Analysis & Description:** This **1-hour chart of XAU/USD (Gold vs. U.S. Dollar)** presents a clear **bearish structure**, with price currently testing a key **support-turned-resistance zone**. The downward trajectory suggests a **potential continuation to the downside** after a minor pullback. #### **Key Observations:** 1. **Break and Retest Pattern:** - Price has **broken below** a critical support level and is now **retesting it as resistance** (marked by horizontal lines). - This classic **bearish retest** setup suggests that sellers may step in to push prices lower. 2. **Two Possible Scenarios:** - **Scenario 1 (Primary Bearish Case):** - If price rejects this resistance, we could see **a strong continuation downward**, targeting **$2,820 – $2,780 levels**. - This aligns with the **trend structure of lower highs and lower lows**. - **Scenario 2 (Less Likely Bullish Case):** - If bulls manage to reclaim and break above **$2,860**, we may see a short-term reversal, with the next resistance near **$2,880 – $2,900**. 3. **Trading Strategy:** - **Short Setup:** - Look for rejection signals at resistance (**$2,850 – $2,860**), such as bearish engulfing candles or wicks. - Enter short positions with **stop-loss above $2,865**. - Target price zones around **$2,820 – $2,780** for profit-taking. - **Alternative Bullish Setup:** - A confirmed breakout above **$2,860** could open the way for a short-term rally. ### **Conclusion:** Gold remains **bearish**, and this current pullback into resistance could provide a **selling opportunity** if rejection confirms. However, traders should monitor key **economic news events** that could impact gold’s movement. 📉 **Do you think gold will continue dropping, or will bulls take control? Let me know in the comments!** 🚀
OANDA:XAUUSDShort
by NexusTradesZone
THE KOG REPORT - UpdateEnd of day update from us here at KOG: On Sundays KOG Report we said lower pricing was on the horizon but the set up just wasn't presenting itself. We had the level above for the short, which although we missed by 30pips, gave us the perfect zone for the short. As you can see, Red boxes played the part again, the indicator tracking the zones allowing us to long for the retracements and short all the way down completing not only the red box levels, KOG's bias of the week and day targets, but also the daily bias and red box targets. After the move, we're now at a key level fighting for the weekly and monthly close with support below at the 2835 level and resistance which we targeted at 2850. A range here can force the close between the order region which can result in more bearish movement next week so please play caution trading late session. We'll have to put the analysis together and prepare for the week ahead in the KOG which will be available on Sunday. For now, a blessed week and again, nearly point to point level to level. Wishing you all a great weekend ahead, and we'll see you on Sunday for the KOG Report and our view for the week ahead. KOG’s Bias of the day: Bearish below 2955 with targets below 2930✅, 2924✅, 2920✅ and below that 2910✅ Bullish on break of 2955 with targets above 2965, 2970 and above that 2974 RED BOXES: Break above 2940 for 2943, 2945 and 2950 in extension of the move Break below 2929 for 2927✅, 2922✅ and 2910✅ in extension of the move KOG’s bias of the week: Bullish above 2920 with targets above 2945✅, 2949✅. 2952✅ 2955✅ and above that 2970 Bearish below 2920 with targets below 2916✅, 2910✅, 2906✅, and below that 2898✅ RED BOX TARGETS: Break above 2943 for 2947✅, 2950✅, 2955✅, 2962, 2966 and 2977 in extension of the move Break below 2930 for 2923✅, 2920✅, 2910✅, 2906✅ and 2899✅ in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
8
BTC BOTTOM $ - 100% Never Fails (2013 - Today)Bitcoin Weekly Chart Going Back To 10+ Years We are looking at the BitStamp Green Support Line here that has Marked the bottom correctly before 100% of the time for each each bull cycle pump on bitcoin going 3/3 without fail. We are now looking to see if we can go 4/4 and mark the new bottom buy with a quick wick down to the green support currently around 73K+ this week, but as each week closes the bitcoin bottom number will rise as the green support line rises over time. Good luck. Let's see if the 4th time is also the charm.
BITSTAMP:BTCUSDLong
by dogdaddevan
9
EURCAD Approaching Major Resistance — Potential Sell OpportunityOANDA:EURCAD is approaching a significant resistance zone, a level where sellers have consistently stepped in, leading to notable bearish reversals in the past. This area is marked by strong selling interest and historical price reactions, increasing the likelihood of bearish move if sellers regain control. The current price action suggests that if the pair confirms resistance through signals like bearish engulfing candles, long upper wicks, or increased selling volume, we could see a downward move toward 1.49830 — a logical target based on previous price behavior and market structure. However, if the price breaks above this zone and sustains, the bearish outlook may be invalidated, opening the door for further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
2
How I Secured 100+ Pips on NZDUSD Sell This WeekHey Rich Friends, Happy Friday. Today, I will dive deep into the NZDUSD sell I took this week. Fortunately, my analysis was correct, and with patience, I was able to secure 100+ pips. Here is what I did: First, I used session breaks on the 1HR time frame to help me identify the previous days' high and low. This is important because based on how the market reacts in these areas, it will help me determine what to do. For example: - rejection at PDH = SELL, break out above PDH = BUY - support at PDL = BUY, break out below PDL = SELL In this case, there was a break below the PDL which was my first indicator to go short. Next, I used horizontal lines to mark additional lows for potential TPs since I was selling and I used a previous high for my SL. The only indicator that I used was the stochastic. You can find a very detailed breakdown of how I use the Stochastic in my previous Editors' Pick video here: www.tradingview.com I hope this was helpful. If you made it this far, comment a "7" and let me know what you've learned. Peace and Profits, Cha
Short
by MoneyMantraCha
4
USDCHF - Sell Setup at Key Supply ZoneOANDA:USDCHF has reached a key supply zone, highlighted by strong selling interest. This area has historically acted as a resistance level, increasing the likelihood of a bearish reversal if sellers step in. The current market structure suggests that if the price confirms resistance within this zone, we could see further downside movement. A successful rejection could push the pair toward 0.89940, a logical target based on prior price behavior and the current structure. However, if the price breaks and holds above this resistance, the bearish outlook may be invalidated, potentially leading to further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
5
AUDCAD at Key Support Level – Potential Rebound to 0.89950OANDA:AUDCAD has reached a significant support zone, marked by previous price reactions and strong buying interest. This area has historically acted as a key demand zone, increasing the likelihood of a bounce if buyers step in. The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 0.89950 level, a logical target based on the recent market structure. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
1
Continue to short gold after the reboundToday, the fluctuation space of gold was compressed and fluctuated in the range of 2844-2854. Because there was no breakthrough, there was no continuous market, so gold did not reach the rebound position I expected. Although gold did not reach the rebound position I expected, I shorted gold many times with the support near the 2855 position, and I made a good profit in the short-term level. Then we will focus on the breakthrough of 2845-2850. If gold successfully breaks through, the market will definitely continue to a certain extent. We only need to follow the trend to trade gold. However, according to the current market, we should not be too bearish on gold. It is expected that gold will rebound first and then fall back when it encounters resistance. Focus on the resistance area of ​​2850-2865 above. Friends who have already entered the bottom article have all obtained very good returns as long as they followed my trading signals. If you want to receive detailed trading signals, if you want to get out of the gold long order, if you want to learn the latest trading thinking and trading logic, you can move your fingers and join my bottom article to prevent losses from happening again and make making money a pleasure. If you want to make money happily, you can join my bottom article!
OANDA:XAUUSDShort
by TP_Daniel
If the rebound does not exceed 2660, continue to short goldBrothers, I have been emphasizing yesterday and the day before yesterday that gold will definitely retreat to the 2840-2830 area. At present, the lowest price of gold has reached around 2832, hitting my expected target area as expected. And I emphasized in the previous article that gold has a certain support near 2830. We can play long gold near 2830. We only held the position for half an hour, and we made 100 pips in the short-term gold long transaction. I feel very satisfied with this. Of course, you can also refer to my previous update, which is well documented! Gold is currently rebounding after hitting 2830, but as long as gold rebounds not beyond the 2860-2870 area, gold will continue to fall next week. In fact, according to the starting point of the previous round of rise, it rose from 2586 to 2956 and then began to retreat. Its 50% retracement level is near 2775. The 61.8% retracement level is near 2815. If gold continues to fall next week, it is very likely to test the 2815 area, or even lower to the 2800 mark. So next we will focus on the strength of gold's rebound. If the gold rebound does not exceed 2860-2870, we will still focus on shorting gold in the next transaction.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!
OANDA:XAUUSDShort
by Trader_Marvin
BTC/USDTWe are currently experiencing a healthy correction in BTC. This is the worst-case scenario I mentioned earlier in my YouTube videos. We could still be pulled down to 76-71k. For spot holders – hold. For those in futures with large losses – it’s better to re-fix and look for a reasonable entry on spot. What’s next? Ideally, we need 2-3 weeks of consolidation and sideways movement, so by the end of March, we can make an ATH on some news, and altcoins will follow Bitcoin's lead. Moreover, LTC and ETH are showing good expectations according to smart money. The market will still move forward. The only question is which direction it will go. I think only specific sectors will move now. We’ll be watching the flow of capital from one sector to another
Long
by BITRAF_CRYPTO
Nextdoor Holdings | NEXT | Long at $1.75If you have ever been on Nextdoor NYSE:KIND , then you are aware of how many people are addicted to local news, drama, and crime watching. Add AI to this mix, and I only see growth with this company (if the company manages it correctly). While other social media platforms like X, Meta NASDAQ:META , Rumble NASDAQ:RUM , Reddit NYSE:RDDT , etc are focused on world news and drama, the niche with NYSE:KIND is unique. User growth will mean everything in the long-term (Q4, 2024 - total weekly active users was 45.9 million, which was an increase of 10% year-over-year). I was hoping to enter after the most recent earnings call since I anticipated a major drop to close the large price gap below $2.00 (the company is developing the "Next" platform to enhance user growth and revenue (anticipated release is mid-2025) which will hit earnings). Maybe this platform will be a dud since the company has been hush about it, but it least shows a plan for growth and engagement. At $2.75, NYSE:KIND is in a personal buy-zone. I'm prepared for a bumpy ride... the $1 zone or under isn't out of question - reason this is a "starter" position. Targets: $2.00 $2.25 $2.45
NYSE:KINDLong
by WorthlessViews
I have been emphasizing that gold is in a bearish trend recentlyI have been emphasizing that gold is in a bearish trend recently. Gold tested the support of 2830 as expected, and I made a lot of profit in all short trades. However, after gold touches 2930, you cannot directly chase short gold. According to the structure of gold, there is a certain degree of technical support near 2830, so gold may rebound to 2850 again after touching this level; and once gold fails to break through the 2850-2860 area as expected during the rebound, gold will fall again. Then gold will easily pierce the 2830 mark during the second decline, and once gold effectively falls below 2830, gold will continue to fall and test the 2820-2810 area, and may even go lower to the area near 2800. At present, shorting gold near 2850 has made a lot of profits. I wonder if you have followed the trading signals of shorting gold? Then the short-term will still focus on the resistance area of ​​2850-2860 above, and the break of 2830 below.
OANDA:XAUUSDShort
by TP_Daniel