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Support and Resistance

Gold price bears want to take over the 3200 mark 💡Message Strategy On Monday, the price repeatedly swept around the 3255-3200 range, repeatedly tested the pressure of 3250, confirmed the resistance and fell under pressure, confirmed the resistance and fell under pressure again, and repeated again and again Today, the price also repeatedly confirmed the resistance and fell under pressure. This time the pressure is 3230-3232, and fell under pressure to find the 3200 area The second rebound is at 3240, and it is currently below here 📊Technical aspects 1. The daily line is swept alternately by yin and yang, and is still in the range of 3290-3160 from the lifeline to the lower track. 2. The four-hour lifeline is exactly at 3200, and the pattern closes at 3265-3160. Pay attention to the lifeline to switch up and down. 3. Sweeping the double-line range in the short cycle, yesterday it was in the space of 3210-3250, the price repeatedly tested the double-line upper track (purple trend line) area, and finally fell under pressure 4. Sweep within the channel range. As shown in the figure, the price is in the range of 3250-3200, which is the existing channel range. 💰 Strategy Package Long Position: 3130-3155 Short Position：3230-3250
OANDA:XAUUSDShort
by TheodoreGwc
3
Obviously, the correct direction for gold is not bullish 📊Technical aspects Friends, when everyone is bullish, it is precisely the time for us to go short. There is pressure at the 3350 line, and we should go short when it is high. In the previous viewpoint this morning, the four-way downward channel trend showed a downward trend of gold. The viewpoint is that gold cannot blindly chase highs. The decline makes us a stable trading idea. The strategy gives a short position near 3340-3350 US dollars. I believe that everyone has gained something from the short position. So how should we look at the direction after the profit? Technically, gold has failed to hit the 3350 level many times at the daily level, showing that the resistance at this position is strong. The 30-minute moving average system is in a short position arrangement, and the short-term moving average forms a dead cross with the long-term moving average. Then our current strategy remains unchanged. Don't chase the rise, and still need a steady correction to bearish. 💰 Strategy Package Short Position：3300-3315，3320-3350
OANDA:XAUUSDShort
by TheodoreGwc
1
Gold continues to remain short at high levels 💡Message Strategy In terms of the US dollar index: In the past week, Moody's downgrade of the US sovereign credit rating and Trump's trillion-dollar "Big Beautiful Bill" have once again set off a wave of selling US dollar assets. The US dollar has fallen to a three-week low, and this week it recorded its largest weekly drop since the announcement of the reciprocal tariff plan in early April, although Bessant downplayed concerns about the recent weakness of the US dollar on Friday. He claimed that this was "largely due to the strengthening of other countries or other currencies, rather than the weakening of the US dollar", that is, Europe's "fiscal expansion" boosted the euro, while the Bank of Japan's interest rate hike supported the yen. U.S. Treasury bonds: The U.S. Treasury market was volatile, and the cold reception of the 20-year U.S. Treasury auction also reinforced market concerns that investors' demand for long-term U.S. Treasury bonds was weak. Long-term U.S. Treasury bonds led the decline this week, with the 30-year Treasury yield breaking through the 5% mark and the 10-year Treasury yield breaking through 4.6%. Japanese bonds were also cold at auctions before. On Tuesday, Japan's 20-year Treasury bond had the worst auction result since 2012, causing Japan's long-term Treasury yields to soar, triggering concerns about deteriorating global liquidity. Tariffs: On Friday, after Trump threatened to impose a 50% tariff on the European Union, traders increased their expectations for the European Central Bank to cut interest rates, and now expect three more rate cuts in 2025, as the trade war has clouded the eurozone's economic growth prospects, and the strengthening of the euro and the flow of overseas goods to Europe may cause inflation to fall to the 2% target earlier than expected. However, due to the differences in the short-term and medium- and long-term effects of tariffs, ECB officials and many investment institutions expect the central bank to press the pause button after the 25 basis point rate cut in June to wait for more clarity. 📊Technical aspects The daily line recorded a negative line, and the gold price closed down again, exacerbating the daily moving average line, which was arranged in a relatively regular upward divergence, maintaining the daily level short-term trend guidance reference, and the daily MACD showed an upward cross-adhesion performance. The hourly level shows that the short-term sharp rise in gold prices once triggered the hourly level RSI overbought performance. The current decline gradually completed the hourly level RSI mean reversion, and gradually formed the hourly level moving average support level retracement trend. The four-hour level moving average line was arranged in a downward divergence, maintaining the four-hour level relatively stable bullish trend guidance reference. In the short term, the gold price once again went short strongly, and the continuous short-term sharp short-term short-term short-term short-term short-term short-term short-term short-term short-term short-term short-term short-term short-term performance continued to intensify the main trend of the short-term performance, and the short-term trading ideas were maintained cautiously during the day. 💰 Strategy Package Short Position：3350-3360,
OANDA:XAUUSDShort
by TheodoreGwc
1
THE KOG REPORT Bank Holiday tomorrow so we'll keep it simple and update the KOG Report on Tuesday ready for the week ahead. Please have a look at the last few KOG Reports to see how it went, wasn't a bad week at all. This week, immediate red boxes are on the chart, there is a red box active above and the indicator is suggesting a potential retracement on the move. So we'll look for price to attempt the high, if failed we can expect the move downside into the order region where we may settle. RED BOXES: Break above 3365 for 3370, 3376, 3381, 3390 and 3403 in extension of the move Break below 3350 for 3343, 3335, 3330, 3323 and 3310 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
31
MASA Ascending Triangle (1D) + Key LevelsBITGET:MASAUSDT is currently forming an ascending triangle on the daily chart, with horizontal resistance around $0.040 and rising support. This structure typically leans bullish and suggests accumulation under resistance. Structure & Zones • Resistance: ~$0.040 (triangle top, within flipped demand → supply zone) • Support: Rising diagonal since early May • Demand: ~$0.013 • Main Supply: $0.06-$0.09 (High Volume Node, with $0.075 as a key S/R) Breakout Target A breakout with strong volume could trigger a measured move toward ~$0.060, aligning with the lower boundary of the High Volume Node (HVN) and the previous price cluster. Context The grey $0.06-$0.09 HVN has acted as a pivotal area — both as support and resistance — and could become the next key level if price breaks out. Triggers • A clean daily close above $0.040 with volume would be a strong bullish signal • A breakdown below the ascending support would invalidate the pattern and likely lead to a retest of ~$0.013
Long
by AliferCrypto
Gold bulls advance as expected Mainly go long on pullback.Today, gold opened lower and fell, reaching the lowest level of 3331. Then the bulls exerted their strength, reaching the highest level of 3356 and then adjusted back. The overall trend was highly consistent with the expected judgment. Looking back at the market last week, the technical side of gold continued the bullish pattern, and the oscillating upward trend was significant. From the daily level, the price repeatedly tested around the 3200 mark at the beginning of the week, and finally stabilized successfully, laying a solid foundation for the bull market. On Friday, it was supported by the 3280 mark, continuing the strong oscillating upward trend, forming a reverse middle Yang pattern, and the daily K line closed with an oscillating upward break of the middle Yang, fully demonstrating the short-term bullish pattern of gold prices, and bullish expectations continued to heat up. ​ Based on the current gold trend analysis, the focus below is on the 3330-3320 range support, and the focus above is on the 3380-3400 resistance. In terms of overall strategy, the bullish thinking is maintained before breaking 3320 to avoid blindly guessing the top.
OANDA:XAUUSDLong
by TP_Daniel5
Nvidia Update ahead of Quarterly results In this video I recap my previous Nvidia video where I anticipated a rangebound price action with the possibility of a new low for longs leading towards Quarterly earnings. With the highly anticipated results only days away I outline the possibility for price to pull back into a really strong level of support for a possible long entry . Tools used TR Pocket Fibonacci Anchored VWAP Volume Profile Thankyou for your continued Support
NASDAQ:NVDA
by SJTRADESFUTURES
6
Nifty Trying to Forge ahead after taking Mother Line Support.Nifty is trying to move upwards after taking Mother line support. However there are strong resistances which Nifty needs to conquer in order to move ahead substantially. These resistances are near 25094 and 25208. Closing above 25208 will confirm the current trend which can tae Nifty close to 26K with other resistances at 25446, 25649 and 25810. Supports for Nifty currently are near 24820 (Mother line support), 24469, 24356 (Father line support) and 23899. The direction of arrow is clear for medium term unless the arrow is broken on the down side. Nifty is currently forming a positive higher highs, higher lows pattern which is again a positive sign. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTYLong
by Happy_Candles_Investment
#COOKIEUSDT maintains bearish momentum📉 SHORT BYBIT:COOKIEUSDT.P from $0.2787 🛡 Stop loss: $0.2925 🕒 Timeframe: 4H ✅ Market Overview: ➡️ A Rising Wedge pattern has formed and broken down, confirming bearish momentum. ➡️ Price has broken below the wedge and the POC level at $0.2976, turning it into resistance. ➡️ Strong volume cluster at $0.2976–$0.2925 is now likely to act as a rejection zone. ➡️ Bearish pressure is visible through high-volume red candles. ➡️ Arrows on the chart indicate a continuation toward the take-profit levels. 🎯 TP Targets: 💎 TP 1: $0.2660 💎 TP 2: $0.2515 💎 TP 3: $0.2395 📢 Watch how price reacts BYBIT:COOKIEUSDT.P to TP1 — weak bounce may signal room for deeper drop. 🚀 BYBIT:COOKIEUSDT.P maintains bearish momentum — further downside expected!
Short
by MoriartyTrading
Key technical insights on gold!Gold is trading in a general downtrend on the daily timeframe, within a range defined by the level of 3434.660, which represents the most recent lower high, and the level of 3120.820, which marks the most recent lower low. These levels define the current trading range on the daily chart. Using Fibonacci from the daily lower high to the daily lower low, the level of 3367.445 is considered important and could act as a resistance level for a potential downward reversal, as it represents a premium price within the current daily trading range. On the 4-hour timeframe, when examining the relationship between price action and the Relative Strength Index (RSI), we observe that the price formed two consecutive higher highs, while the RSI formed two lower highs. This creates a bearish divergence, which is a negative signal indicating a potential decline. Additionally, on the 4-hour chart, the trend has shifted from bullish to bearish after the price fell below the 3290.84 level and formed a new lower low. Based on the above technical data, a decline in gold prices is expected in the short to medium term. The first target could be set at 3281.148, while the second target may be identified by monitoring a drop in the RSI towards the 30 level, which indicates oversold conditions.
CFI:XAUUSD
by CFI
GOLD → Consolidation. Retest of support before growthFX:XAUUSD is strengthening due to a complex fundamental backdrop. A false break of support at 3285 allows the price to update its local high to 3365. Gold fell moderately from a high of $3365 amid weak activity due to holidays in the US, despite the weak dollar. Investors are taking profits ahead of US inflation data. Pressure is also linked to hopes for a trade agreement between the US and Japan. However, the decline in prices is limited — geopolitical tensions, US budget problems, and instability in the Middle East are keeping demand for gold as a safe-haven asset. Support levels: 3321, 3308, 3300 Resistance levels: 3363 Technically, gold is making a false breakout of consolidation resistance and is entering a correction phase, during which the price may test liquidity below 3320-3303 before continuing to rise. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
10
BankNifty levels - May 27, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
Nifty levels - May 27, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
USD/CAD - continues the downtrendOn USD/CAD , it's nice to see a strong sell-off from the price of 1.37540 and 1.38150 . It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. Strong S/R zone from the past and high volume cluster are the main reasons for my decision to go short on this trade. Happy trading, Dale
by Trader_Dale
1
USDCHF → Retest support with the aim of breaking throughFX:USDCHF is also losing ground amid the dollar's decline. The price is testing the support of the range, a break of which could open the way to 0.811 USDCHF is consolidating, but at the same time, a local downward channel is forming. The currency pair is retesting support within the current downward movement. A pre-breakdown consolidation is forming relative to 0.819. The fall of the dollar is having a corresponding effect on the price. Before continuing its decline, the currency pair may form a retest of 0.5 Fibonacci or close the FVG Resistance levels: 0.825, 0.8275 Support levels: 0.819, 0.8117 The downward structure will break down when the price leaves the downward channel. However, at the moment, while the price is consolidating at the bottom of the trading range, I expect a breakdown of support in the short term, followed by a continued decline to 0.811 - 0.805 Best regards, R. Linda!
Short
by RLinda
4
GBP/USD - Day Trading Analysis With Volume ProfileOn GBP/USD , it's nice to see a strong buying reaction at the price of 1.35000. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Uptrend and high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Dale
by Trader_Dale
EUR/USD continue with the UptrendOn EUR/USD , it's nice to see a strong buying reaction at the price of 1.13800. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Strong S/R zone from the past + high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Dale
by Trader_Dale
3