Natural Gas Rebounds from Key SupportNatural gas has bounced off its strong support level and is showing signs of upward movement, particularly evident on the hourly chart. Dips are being bought up, with the price quickly returning to previous levels.
Downsides: The downtrend is still in place (though it may potentially be broken), and there's a relatively long stop-loss below yesterday’s candle low at 2.98.
📝Trading Plan
Entry: buying gold at the current level
Stop Loss: 2.98
Target: 3.36, 3.62, and 4.20.
Trend Analysis
What now for the dollar after a poor NFP report?It is difficult not to link the bad US data to the impact of tariffs. Indeed, it certainly looks that way, especially given that the slowdown in jobs started in early Q2 when reciprocal tariffs were announced. Companies expecting margins to be squeezed by higher duties probably thought twice about hiring workers in order to keep costs down. So, the US labour market has been losing steam fast, undoubtedly due to tariff concerns. Unless the data surprises on the upside soon, the Fed may have no choice but to cut—and cut again. Against this backdrop, the recovery in the dollar is going to a long bumpy road.
We noted the area around 100.00 to be resistance in the previous update, and that level has held, thanks to the weak jobs report (and ISM survey that was released later). The DXY was testing potential support around 98.95 at the time of writing. Will it be able to bounce there? Break that on a closing basis and next week could bring more technical dollar selling.
By Fawad Razaqzada, market analyst with FOREX.com
Top in Place? NASDAQ100 Signals Exhaustion After Incredible Run📈 The crazy run since April
NASDAQ100 has had a spectacular run since early April, when the index dipped to 16,300 amid rising tensions caused by Trump’s tax war. From that low, we’ve seen a mind-blowing rally of over 7,000 points, which translates to a 40% gain in just 4 months.
Such a rise is not just impressive— it’s overextended , especially by historical standards. Markets don’t move in straight lines forever, and this one might be showing signs of fatigue.
🕯️ Bearish signal at the top
Fast forward to this week: yesterday, the index marked a new all-time high at 23,700, but closed the day with a strong bearish engulfing candle — one that wipes out the gains of the previous 4 trading sessions.
This is not a small technical detail. Such candles, when appearing after an extended rally, often signal exhaustion and a potential shift in momentum.
❗ Top in place?
In my opinion, there's a high probability that a top has been set, at least temporarily. We might be looking at the beginning of a healthy correction, or even something more meaningful, depending on follow-through in the next sessions.
📉 Where to next?
The first major support to watch is the 22,200 level.
I expect that zone to be tested soon — and honestly, considering how much the index has gone up, this shouldn’t surprise anyone. It’s nothing more than a minor pullback, all things considered.
🧠 Stay smart!
When markets go vertical, it pays to stay disciplined and realistic. Tops rarely announce themselves, but when signals like this appear, it’s wise to listen.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
BITCOIN 15-Min Chart – Key Support Retest with Bullish PotentialThis 15-minute BTCUSD chart shows Bitcoin retesting a strong support zone near $112,680 after a clear downward move. The price is currently reacting at a previous demand area, marked in blue, just above the session’s LOW. A possible bullish reversal setup is forming if the support holds, targeting the previous HIGH around $114,000 and a potential TP at $114,200. Traders may look for confirmation signals (e.g., bullish engulfing, order block reaction) before entering long positions.
XAUUSDXAU/USD represents the exchange rate between one troy ounce of gold (XAU) and the US dollar (USD). It shows how much in US dollars is required to purchase one ounce of gold. This pair is widely traded across forex and commodities markets and is considered a key indicator of global economic stability and investor sentiment.
Historically, gold was pegged to the US dollar under the Bretton Woods Agreement from 1944 to 1971. During this period, one ounce of gold was fixed at $35, and the US government guaranteed the convertibility of dollars into gold. In 1971, President Richard Nixon ended the gold standard, allowing gold to trade freely on global markets. This led to significant volatility in the price of gold, which began to reflect real-time market forces such as supply, demand, inflation, and geopolitical events.
In the decades that followed, gold experienced several major price movements. In 1980, gold surged to around $850 per ounce due to high inflation and geopolitical instability. It then declined and remained relatively low through the 1990s, reaching a low near $270 in 2000. Starting in the mid-2000s, gold began a strong upward trend driven by concerns about inflation, financial crises, and central bank policies, culminating in a peak near $1,920 in 2011 during the Eurozone crisis and Federal Reserve monetary easing.
In 2020, gold hit a new all-time high around $2,070 during the global uncertainty of the COVID-19 pandemic. Since then, it has continued to be influenced by economic data, interest rate decisions, inflation trends, and geopolitical developments. In 2024 and 2025, gold has remained strong, supported by central bank buying and expectations of future rate cuts. As of August 2025, the current price of gold has reached $3,363 per ounce, reflecting heightened demand and ongoing macroeconomic uncertainty.
XAU/USD is influenced by many factors, including the strength of the US dollar, inflation expectations, geopolitical risks, and investor demand for safe haven assets. When the dollar weakens or global uncertainty increases, gold typically gains value. Traders and investors often use gold to hedge against economic instability, inflation, or currency devaluation.
Today, gold remains one of the most important assets in global markets, and XAU/USD continues to be a major pair for both short-term traders and long-term investors.
GOLD: NEW WEEK TECHNICAL BIAS (MARKET OPEN)CONTEXT
▪︎ HTFs Bias: Bullish stance remains intact until a valid structural breach occurs.
▪︎ Monthly Context: Despite consistent upper wick rejections, price continues to close above prior monthly opens — suggesting bullish resilience.
▪︎ Weekly View: Current price action reflects a Value Compression Phase (VCP) within the premium zone of the active range, implying potential buildup for a bullish Impulse Drive.
▪︎ Daily Alignment: Daily price behavior mirrors the Weekly context, supporting a continuation thesis.
Preferred Scenario: Leaning towards a Retrace Precision Entry (RPE) before the Ascend Sequence resumes. Watching:
• Point A (shallow pullback) near B/C level, or
• Point B (deep pullback) into the pending Rejection Zone (ARB).
Invalidation Trigger: A structural breach below 3336, backed by bearish momentum and microstructure shift, targets first 3280, then levels below.
Uncertainty Variable: Will price first sweep 3433.2 before retracing? Or will it retrace from market open? This remains unclear and demands a patient, reactive stance.
📌 Disclaimer: This is a strategic directional bias, not financial advice. Execute only with confirmation and proper risk management.
BTCUSD - Follow Up AnalysisTaking a look at the daily chart, price action did come down as previously expected in my last article.
Now we're heading into an area of strong support and I expect to see some sideways action until something significant happens next.
How I'm trading this price action?
I believe price action may continue to bounce around from the current price of 113,600 down to 110,000 for at least the next few days. With that said I'm implementing my range trading strategy. The range trading strategy also known as the Bitcoin Scalper scalps on the 1 and 5min timeframe creating sort of like a grid style approach but it's based on candlestick momentum. Since it trades off momentum, it's able to detect breakouts and know when to switch from the ranging strategy to the breakout strategy.
Gold Plan B For 4 Aug onwardsAs you can see that gold is moving good in channel of Bullish so next hurdle can be 3374-3380 and then it can retest the support of Non-Farm 3336-3340 and then continue this channel till further 3452-3458 and then we can expect a big fall in gold and this time support point will be 3290-3300 which will hold gold to go up again.
HOOD watch $110 then $113: Dual Golden fibs trying to TOP itHOOD has been a massive bull run since April lows.
Now battling a dual Golden fib zone $110.39-113.56.
Top of the zone is a well proven Golden Genesis fib.
See "Related Publications" for previous charts ------->>>>>>>
Such as this PERFECT catch of a serious bounce:
Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts.
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BTCUSD looking for corrective drop towards $111K!1). "Indecisive" weekly Doji retail candle! 2). Price rejection off higher times! 3). Risk indicator is heading south! 4). Trump said "BUY!" 5). There appears to be a cluster of "BUY" orders around $114$K as typically, price drops to trigger those orders!
DOGEUSDT Technical Analysis – Bullish Reversal Anticipated DOGEUSDT Technical Analysis – Bullish Reversal Anticipated
🔍 Key Technical Zones:
Support Zone: $0.1990 – $0.2015
Strong bullish reactions noted from this level in previous attempts.
Confluence with volume accumulation on the left (as seen in the Volume Profile).
Signifies a strong demand zone where buyers are stepping in.
Resistance Zone / Target: $0.2220 – $0.2240
Previous structural high and supply zone.
Marked as the first major liquidity area.
Also aligns with imbalance and CHoCH (Change of Character), a common SMC concept.
🔄 Market Structure:
CHoCH (Change of Character) marked multiple times, indicating attempts by bulls to reclaim structure.
Recent price action shows accumulation near support.
Sideways consolidation suggests potential for a bullish breakout.
Liquidity sweep of recent lows could indicate that smart money is accumulating positions before a move higher.
🎯 Trade Setup Idea:
Entry Area: Between $0.2000 – $0.2060 (inside the support zone)
Target: $0.22396 (as marked)
Stop Loss: Below $0.1980 (below the visible support range)
🔧 Indicators and Tools Used:
Volume Profile (VRVP): Shows most volume traded around $0.205 – $0.207, indicating strong positioning from market participants.
Smart Money Concepts (SMC): CHoCH and liquidity concepts signal potential accumulation and reversal.
Price Action Analysis: Clean swing structure with support-resistance rotation visible.
📌 Conclusion:
DOGEUSDT is currently trading in a range-bound structure with a bullish bias from the support zone. If the price sustains above $0.205 and breaks above minor resistance, the upside target of $0.22396 is likely. This setup is supported by strong volume accumulation and smart money structure shifts.
Smart Money Watching BTC Dominance – Rotation to Alts IncomingAfter a deep correction, BTC Dominance has entered a corrective upward phase inside an ascending channel.
Wave A rallied from 60.5% to 62.3%, followed by Wave B retracing to 60.74%.
Currently, Wave C is developing and has reached around 62.2%.
The key resistance sits near 62.7%, exactly at the upper trendline of the channel. This could act as a reversal point, potentially ending Wave C and triggering a bearish move.
💡 Implication:
If dominance drops from this zone, we could see capital rotation into altcoins, supporting a bounce across the broader altcoin market.
How to Capture Reversals/Breakouts with MAD IndicatorBTC/USDT 15M – Market Anomaly Detector (MAD) Captures Reversals & Breakouts
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Description:
On this BTC/USDT 15-minute chart, the Market Anomaly Detector (MAD) is actively highlighting high-probability market turning points and anomaly zones.
Key Observations from the Chart:
1. Green & Red Zones = Expected Price Range
• Green Line (Upper Band): Expected top of the range.
• Red Line (Lower Band): Expected bottom of the range.
• Price usually travels green → red → green, forming a natural oscillation.
2. Buy/Sell Signals = Breakout + Reversal Detection
• Buy Signal: Triggered when price closes above the green line or recovers from below the red line.
• Sell Signal: Triggered when price closes below the red line or rejects from the green line.
• This reverse psychology logic helps catch false breakouts and stop-loss hunts.
3. Performance on This Chart:
• Signals aligned with key reversals during the sideways-to-downtrend transition.
• The strong downtrend in the second half of the chart shows multiple accurate sell signals, confirming trend continuation.
• Sideways movements had minimal false signals due to cooldown + volume filter.
4. Unique Advantage (USP):
• Statistical approach using Z-Score & Standard Deviation.
• Multi-filter confirmation with RSI, volume, and higher timeframe trend.
• Visually clear anomaly zones:
• Green background = Bullish anomaly
• Red background = Bearish anomaly
• Gray background = Neutral range
Takeaway:
MAD helps traders anticipate anomalies rather than react late, offering high-probability trade entries and reversals in trending and volatile conditions.