XAUUSD – Support Under Threat, Deeper Decline LoomsGold is stalling below the 3,444 USD resistance, forming a series of lower highs — a clear sign of weakening bullish momentum. The support area around 3,358 USD is under pressure, and a break below this level could trigger a drop toward 3,280 USD.
On the news front, the FOMC has reaffirmed its hawkish stance, making no mention of a rate cut despite signs of slowing economic growth. This has strengthened the USD, placing additional downward pressure on gold.
In summary, XAUUSD is on the verge of breaking its bullish structure. If current support fails, sellers may take full control of the market.
XAUUSD Trade Idea:
Position: SELL if price breaks below 3,358 USD
Target: 3,304 – 3,280 USD
Stop Loss: Above 3,400 USD
Technical Analysis
Apple is standing at the edgeApple (AAPL) is losing its long-term structure — second retest of the broken trendline suggests a bearish setup
On the 3D chart, Apple shows signs of structural breakdown. The weekly trendline from 2023 was broken and retested — twice. The price failed to regain it and now trades below, with candles showing weakness: low body closes, upper wicks, and no upside follow-through.
MA200 is now above price, and all EMAs are turning down. Volume Profile shows a heavy resistance block near $197. If the price remains below, sellers are in control.
Key levels:
— $192.20 = 0.5 Fibo support.
— Breakdown ➝ targets: $180 → $167 → $152.
Fundamentals:
Apple's recent reports show decelerating growth, weak China demand, and compressed margins. While AI buzz supports sentiment, institutional flow suggests distribution. BigTech may be topping out, and Apple is positioned for pullback.
Strategy:
Short below $196 with confirmation. Stop: $198. Targets: $180 / $167 / $152.
Failure to reclaim $192–197 = broken trend confirmed.
This is not a growth setup. This is where trends end — and profit-taking begins.
AUD/USD Descending Triangle Setup – Support Retest in FocusThe AUD/USD pair is currently forming a descending triangle pattern, a common bearish continuation structure where price makes lower highs while holding above a horizontal or slightly rising support level. This setup indicates increasing selling pressure at lower resistance levels (highlighted with red arrows and trendlines), while buyers are consistently defending the green support zone around 0.6475–0.6485.
So far, the price has been rejected multiple times from the descending resistance line, confirming seller dominance. At the same time, it has found buying interest at support, forming a tight range where a breakout or breakdown is likely to occur soon.
🔽 Current Price Action & Outlook
The latest price structure shows a potential lower high forming, suggesting another move downward toward support.
If the pair revisits the support zone once again, it will be a critical retest, and the market could either:
Bounce from support, continuing the sideways structure within the triangle, or
Break down below the green trendline, triggering a bearish continuation.
Until the support breaks, the market remains range-bound inside the triangle, offering short-term trade setups between support and resistance.
🎯 Strategy Notes
Short-Term Idea: Sell near resistance (~0.6525–0.6535), buy near support (~0.6475–0.6485)
Breakout Traders: Wait for a confirmed breakout of either boundary with volume before entering
Invalidation: A strong breakout above the red descending trendline may invalidate the bearish structure
This is a neutral-to-bearish setup with a potential for breakout in either direction. Patience is key for waiting on 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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Best Free Volatility Indicator on TradingView for Gold Forex
This free technical indicator will help you easily measure the market volatility on Forex, Gold or any other market.
It will show you when the market is quiet , when it's active and when it's dangerous .
We will go through the settings of this indicator, and you will learn how to set it up on TradingView.
Historical Volatility Indicator
This technical indicator is called Historical Volatility.
It is absolutely free and available on TradingView, MetaTrader 4/5 and other popular trading terminals.
TradingView Setup
Let me show you how to find it on TradingView and add it to your price chart.
Open a technical price chart on TradingView and open the "Indicators" menu (you will find it at the top of the screen).
Search "Historical Volatility" and click on it.
It will automatically appear on your chart.
"Length" parameter will define how many candles the indicator will take for measuring the average volatility. (I recommend keeping the default number, but if you need longer/shorter-term volatility, you can play with that)
Timeframe drop-down list defines what time frame the indicator takes for measuring the volatility. (I recommend choosing a daily timeframe)
And keep the checkboxes unchanged .
How to Use the Indicator
Now, let me show you how to use it properly.
Wider the indicator and analyse its movement at least for the last 4 months.
Find the volatility range - its low levels will be based on the lower boundary of the range, high levels will be based on its upper boundary.
This is an example of such a range on USDCAD pair.
When the volatility stays within the range, it is your safe time to trade.
When volatility approaches its lows, it may indicate that the market might be slow .
Highs of the range imply that the market is very active
In-between will mean a healthy market.
The Extremes
The violation of a volatility range to the downside is the signal that the market is very slow . This would be the recommended period to not trade because of high chance of occurrence of fakeouts.
An upward breakout of a voliatlity range is the signal of the extreme volatility . It will signify that the market is unstable , and it will be better to let it calm down before placing any trade.
Volatility Analysis
That is how a complete volatility analysis should look.
At the moment, volatility reached extreme levels on CADJPY pair.
The best strategy will be to wait till it returns within the range.
Remember This
With the current geopolitical uncertainty and trade wars, market volatility reaches the extreme levels.
Such a volatility is very dangerous , especially for newbie traders.
Historical volatility technical indicator will help you to easily spot the best period for trading and the moment when it is better to stay away.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAUUSD – Gold breaks trend: Is a deeper fall coming?Gold has officially broken the ascending trendline that had held since mid-May, confirming a breakdown in the bullish structure. After failing to breach the strong resistance at 3,445 USD, selling pressure intensified, driving the price down to 3,390 USD — yesterday’s closing level.
This move came right after the FOMC meeting, where the Fed held interest rates steady but maintained a hawkish tone, strengthening the USD and weighing heavily on gold.
While tensions in the Middle East continue to offer short-term support, U.S. monetary policy remains the dominant force. Without a fresh geopolitical shock, gold appears increasingly vulnerable to a deeper correction.
DeFi Index Completes Irregular Flat Correction; Bulls Back?DeFi Index may have a completed irregular flat correction within an uptrend, which may cause another rally this year, according to Elliott wave theory.
Cryptocurrencies are recovering and DeFi Index is now bouncing back above EW channel, so a five-wave impulse into wave (C) of an irregular (A)(B)(C) flat correction in blue wave B can be finished. It means that a higher degree blue wave C can now be in play, which can rally this year all the way back to March 2024 highs. Is this the beginning of an ALTseason?
A basic bullish irregular flat correction is a three-wave (A-B-C) pattern where wave B exceeds the start of wave A and wave C dips below wave A before the overall bullish trend resumes.
USDCAD is Nearing The Daily Trend!!Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36950 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36950 support and resistance area.
Trade safe, Joe.
Bearish USD/CAD Presents a Selling Opportunity Now.FenzoFx—USD/CAD surged to 1.3686, a resistance zone backed by a bearish Fair Value Gap. Stochastic shows 81.0, signaling short-term overpricing. The market remains bearish below 1.3729, with fundamentals pointing to a stronger CAD.
A decline toward 1.362 is likely if USD/CAD stays below 1.3729.
BTCUSDT – Price Poised to Break Descending ChannelBTCUSDT has been maintaining a series of higher lows since early May, consistently rebounding from its dynamic support trendline. Currently, the price is consolidating just below the descending channel resistance around the 108,000 USDT level. A clear double-bottom pattern accompanied by solid recovery momentum suggests a potential breakout from the prolonged correction phase that has persisted throughout June.
If BTC breaks above the descending trendline, the next target could be the major resistance zone near 113,000 USDT.
On the news front, the market is reacting positively to BlackRock’s announcement of expanding investment in crypto ETF products. At the same time, recent soft U.S. inflation data has strengthened expectations that the Fed may halt its tightening cycle. This combination is improving investor sentiment and driving renewed interest in risk assets like Bitcoin.
Silver Up Slightly as Markets Await PowellXAG/USD rose 0.3% to $37.23 on Wednesday, though gains were capped by a stronger U.S. dollar as investors turned to safe assets amid escalating geopolitical tensions and caution ahead of the Federal Reserve’s decision. Silver’s safe-haven appeal remained, but the firmer dollar made it less attractive for non-dollar buyers. Markets are now watching Fed Chair Jerome Powell’s remarks for clues on future policy and near-term direction for silver.
Resistance is set at 37.50, while support stands at 35.40.
Gold Steady Near $3,390 Ahead of Fed DecisionGold rebounded from early losses on Wednesday, returning to around $3,390 as the Iran-Israel conflict entered its sixth day. Israel confirmed strikes near Tehran and reported missile launches from Iran, while President Trump’s national security meeting fueled speculation about potential U.S. involvement. Investors also focused on the Federal Reserve meeting, with no rate change expected but attention on guidance amid trade tensions and global uncertainty.
Resistance is seen at $3,430, while support holds at $3,350.
EUR/USD Pressured by Safe-Haven Dollar DemandEUR/USD traded near 1.15 on Wednesday, under pressure from safe-haven demand for the U.S. dollar as Middle East tensions escalated. Fears of broader conflict involving the U.S. kept the dollar firm. Markets await the Federal Reserve’s policy decision, with rates expected to stay unchanged, though guidance may shape future expectations. The euro remained weak, burdened by Europe’s energy import exposure amid rising oil prices.
Resistance is located at 1.1580, while support is seen at 1.1460.
Smart Money Zones Revealed (XAUUSD) Is Gold Just Breathing or Breaking? Smart Money Zones Revealed (XAUUSD)
🔍 Macro & Sentiment Overview
Gold faced a sharp correction after a strong Asian session rally, which caught many traders off guard...
While the US Dollar gained 0.7% due to safe-haven flows and Fed anticipation, gold's dip seems more like a liquidity sweep than a structural reversal...
🌍 Rising geopolitical tensions — especially Iran–Israel and Trump’s comments about Tehran — keep the fear premium alive…
🛢️ Meanwhile, oil prices are surging, and institutional funds might be rotating capital between commodities and equities...
📝 All eyes are now on the Fed’s rate decision and the US retail sales report — a potential "horror print" that could shock rate expectations and trigger high volatility across markets.
📉 Technical Breakdown (M30 Perspective)
Price pulled back sharply after an overextended bullish move from Asian FOMO…
EMAs (13, 34, 89, 200) show early signs of potential crossover — signaling caution for buyers…
Liquidity gaps (FVG zones) below current price indicate a magnet for institutional fills…
🎯 Trade Setup
🔵 BUY ZONE: 3345 – 3343
Stop-Loss: 3339
Take Profits:
3350 → 3354 → 3358 → 3362 → 3366 → 3370 → 3380 → 3400 → ???
🧠 Look for confirmation through price action and rejection candles during London/NY sessions before entering.
🔴 SELL ZONE: 3442 – 3444
Stop-Loss: 3448
Take Profits:
3438 → 3434 → 3430 → 3425 → 3420 → 3410 → 3400
⚠️ Only short upon clean rejection and strong bearish confirmation patterns — avoid blind entries in this volatile phase.
🧠 Final Thoughts
Gold is moving within a smart money playbook — triggering stop hunts and liquidity grabs. With macro uncertainty ahead, patience and precision matter more than ever.
Let price come to your zones. Don’t chase. Let volatility serve you — not shake you.
📌 Follow this idea for live updates during the Fed press conference and NY session.
Yen Holds Ground as BoJ Stays CautiousThe yen held near 145.1 per dollar on Wednesday following three consecutive sessions of losses, weighed down by soft economic data and trade uncertainty. Japan’s exports declined in May for the first time in eight months, alongside drops in machinery orders and manufacturing sentiment. The Bank of Japan left rates unchanged and maintained a cautious tone, though Governor Ueda signaled future hikes remain possible. Trade talks between Prime Minister Ishiba and President Trump at the G7 summit showed no progress on tariffs.
Resistance is at 145.30, while support stands near 142.50.
USDCHF: Pullback From Resistance 🇺🇸🇨🇭
USDCHF is going to retrace from a key daily horizontal resistance cluster.
As a confirmation, I spotted a bearish breakout of a support line of a rising
wedge pattern on an hourly time frame.
We see its retest now.
Goal - 0.815
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD – Bullish momentum fades, downside pressure intensifiesEURUSD formed a lower high near 1.1613, signaling weakening bullish momentum. Price is now testing a key trendline, and a break below 1.1473 could confirm a bearish move toward 1.1350.
Market sentiment is currently dominated by the Fed’s hawkish stance following the latest FOMC meeting, where the central bank kept rates unchanged but expressed readiness to hike further if necessary. Meanwhile, although tensions in the Middle East are escalating, they have yet to deliver a significant blow to the USD.
Given the current backdrop, EURUSD is under considerable pressure and may soon break its bullish structure unless strong buying interest re-emerges.
AUD/JPY ShortSell-limit (primary) 93.90 — front-runs the twin highs at 94.00 (May and again last week).
Stop-loss 95.10 — just above the 2024 YTD peak and round-number 95; if price closes above, the breakout is real.
Take-profit 1 91.50 — first daily support shelf; locks ~240 pips (≈ 1.6 R) and is often the first bounce zone.
Take-profit 2 88.50 — November-2023 base / 200-day SMA; full mean-reversion target (~540 pips, ≈ 3.6 R).
Filter to keep order Only leave the order active while the daily candle closes ≥ 93.80 (shows the lid is still respected).
GTC Cancel the order if unfilled after 5 trading days; reassess next week.
Quick rationale
Fundamentals: RBA leaning dovish; JPY could firm on BoJ hawkish hints & intervention risk.
Technical: Double-top near 94; bearish RSI divergence on daily; room down to 91s/88s.
Risk-reward: 120-pip risk vs. 240 / 540-pip reward = 1.6 R and 3.6 R pay-offs.
Place the limit, set the filter alert on daily closes, and let the trade come to you—no need to babysit intraday moves.
[INTRADAY] #BANKNIFTY PE & CE Levels(18/06/2025)Today, Bank Nifty is expected to open with a slight gap down near the 55,650–55,700 zone, indicating early signs of consolidation within a tight range.
🔼 If Bank Nifty sustains above the 55,550–55,600 levels after opening, it could trigger a bullish move towards the targets of 55,750 → 55,850 → 55,950+.
🔽 However, if Bank Nifty approaches the 55,950–55,990 zone and shows signs of reversal, a corrective fall may follow with potential downside targets at 55,750 → 55,650 → 55,550.
🔻 A clear breakdown below the 55,450 level would indicate bearish strength, and the next downside levels to watch are 55,250 → 55,150 → 55,050-.
🚀 On the upside, if Bank Nifty manages to break out above the key resistance of 56,050, we can expect a strong rally with targets at 56,250 → 56,350 → 56,450+.
Nightly $SPY / $SPX Scenarios for June 18, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for June 18, 2025 🔮
🌍 Market-Moving News 🌍
💼 Business Inventories Flat in April
U.S. business inventories held steady in April, indicating stable consumer and wholesale demand. That suggests production won't need to cut sharply in the near term, supporting GDP outlook
🏭 Industrial Production Slips
Industrial output declined 0.2% in May, signaling ongoing weakness in factory activity amid less favorable global trade conditions .
🌐 Geopolitical Pressures Persist
Heightened tension in the Middle East continues to pressure risk assets. Investors remain focused on safe-haven flows into gold, Treasuries, and defensive equities, with analysts noting the risk backdrop remains tilted to the downside
📊 Key Data Releases 📊
📅 Wednesday, June 18:
8:30 AM ET – Housing Starts & Building Permits (May)
Measures new residential construction — leading indication of housing sector health.
8:30 AM ET – Initial Jobless Claims
Tracks the weekly count of new unemployment filings — useful for spotting early labor-market weakening.
2:00 PM ET – FOMC Interest Rate Decision
The Federal Reserve is expected to hold steady. Market focus will be on any commentary that hints at future tightening or easing plans.
2:30 PM ET – Fed Chair Powell Press Conference
Investors will parse Powell’s remarks for guidance on rate paths, inflation trends, and economic risks.
⚠️ Disclaimer:
This is for educational/informational purposes only and does not constitute financial advice. Consult a licensed advisor before making investment decisions.
📌 #trading #stockmarket #economy #housing #Fed #geo_risk #charting #technicalanalysis
GBPJPY: Important New High 🇬🇧🇯🇵
GBPJPY set a new higher high higher close on a daily,
violating a key horizontal resistance cluster.
I think that it opens a potential for more growth.
Next strong resistance is 195.15
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
"Downside DAX" is what we will call it in July?Looking at the technical picture purely, we can see that weakness is starting to kick in. Will July be a negative month for DAX? Let's have a look.
XETR:DAX
Let us know what you think in the comments below.
Thank you.
77.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
Gold holds above key zoneAfter breaking the major resistance at 3,392 USD — a level that had been rejected multiple times in the past — XAUUSD is undergoing a slight pullback to retest the newly established support. The bullish reaction in this area suggests that buyers are still in control of the trend.
In the current context, U.S. retail sales have fallen more than expected, reinforcing expectations that the Fed may cut interest rates soon. This puts pressure on the dollar and benefits gold.
The primary scenario is a bounce from the current support toward the next resistance area near 3,481 USD. The 3,392 USD level has now become a key support to sustain the ongoing bullish structure.