Trend Analysis
Gold short-term trading strategy updateGold short-term trading strategy update
I. Analysis of key price ranges
Bull market attack path (need to break through to confirm)
First resistance level: 3355~3360 (yesterday's high, pressure zone in Asian session)
Breakthrough signal: three consecutive K lines on the hourly chart stand above 3360, and trading volume increases
Second resistance level: 3375~3380 (golden ratio 0.618 + weekly Bollinger band middle track)
Final goal: 3400 integer mark (breakthrough will trigger algorithmic trading buy, accelerate to 3425/3450)
Bear market counterattack defense line (break through and reverse the trend)
First support level: 3315 (5-day moving average + 4-hour chart EMA55)
Key observation point: Can this position be maintained before the European session?
Life and death line: 3300~3295 (psychological barrier + opening price of this week)
Breakthrough target: 3275 (low point on June 28) → 3255~3245 (200-day moving average + weekly level support)
II. Intraday long and short tactical deployment
▶ Long strategy (defensive counterattack type)
Entry conditions:
Appearance near 3315: ① 15-minute chart Pinbar reversal pattern ② RSI bottom divergence (30-minute cycle)
Stop loss setting: 3308 (invalid before breaking through the previous low)
Target ladder:
3340 (Asian session high)
3355 (reduce position 50%)
3375 (stop loss to cost price)
▶ Short strategy (trend-following strategy)
Entry time:
Appearance in the 3355~3360 area: ① Shooting star/evening star ② 4-hour TD sequence selling structure
Or 3302 effective breakthrough and callback confirmation (5-minute chart closed below 3300)
Stop loss rules:
High stop loss 3378 (break through yesterday's high 1.5 times ATR)
Break through short-term stop loss 3318 (pullback after support turns into resistance)
Target space:
3275 (profit and loss ratio 1:3)
3255 (medium-term holding requires cooperation with non-agricultural data)
III. Institutional order flow monitoring
CME futures data:
There is a large option barrier above 3350 (25,000 call options expire)
There is an accumulation of algorithmic trading buying in the 3300~3315 range (high-frequency trading support level)
London fixing price reminder:
This morning's fixing price is 3326. If the afternoon fixing price is lower than 3310, bearish sentiment will increase
IV. Emergency Warning
Today's US ADP employment data
Expected: +185,000 |
Data>200,000: bearish for gold (quick test of 3300)
Data<150,000: positive for breaking through 3355
Geo-risk time window
Iran nuclear negotiation deadline
★ Final conclusion:
Asia-Europe session: 3315~3355 range operation (sell high and buy low)
US session: wait for ADP data to trigger a breakthrough, strictly stop loss of $3 (leverage accounts need to reduce positions to one-third)
Breakthrough formula:
"Break through 3355 and chase more, don't guess the top before 3400;
3300 is lost and then pulled back, consider catching the flying knife at 3255"
Gold Trading Strategy February 7✏️As expected from the analysis, after the D1 candle showed buying pressure again, the price continued its uptrend yesterday and reached 3357.
Currently, the price is consolidating within a relatively wide sideways range, extending from 3328 to 3344.
A trend-following trading strategy will be set up when the price breaks out of this range.
The BUY signal is expected to bring good profits if the price retests the support.
The SELL signal at resistance is considered to look for rebound points in an uptrend.
📈 Key Levels
Breakout Range: 3344-3328
Support: 3310-3298
Resistance: 3368-3386
📊 Recommended Trade Setups
BUY: 3310-3308 | SL: 3305
SELL: 3368-3370 | SL: 3373
USDJPY: Bearish Trend Remains in ControlUSDJPY continues to follow a clear downtrend on the H4 chart, respecting a descending trendline and forming consistent lower highs. The strong rejection at 144.800 and the presence of multiple FVGs further reinforce the bearish structure.
Price is currently retracing to test the FVG zone. If rejection occurs here, the downtrend could resume towards the 141.900 support level.
Trade Setup:
Sell near 144.700
TP: 141.900
SL: above 145.300
Supporting News:
"Risk-on" sentiment is back after strong manufacturing data from China and rising expectations that U.S. interest rates may soon peak, weakening the USD against the JPY.
Are you watching for a short setup like I am?
GU: Asian highs > Previous Day Low?Hi everyone,
Here is my forecast this morning for GBPUSD. Overall I'm thinking bearish, but I reckon that price could take out the Asian range highs first and then give us a bearish leg towards the previous day low.
Regards,
Aman | SMC Wolf FX
1-1 student onboarding is currently open (website in my signature & profile)
NAS100 Potential ReversalHi there,
The NAS100 is slightly bullish and fairly stagnant. It is consolidating between two key levels (orange lines). A break below the price might fall into deeper demand zones.
Short Notes
- **Elliott Wave**: 5-wave structure appears complete at resistance (22,137.8), signalling a possible reversal.
- **Liquidity Zones**: Price is at/near a major liquidity zone, increasing reversal risk.
- **Break High**: There's a potential for a false breakout above wave 5 before dropping.
- **Support Levels**: The 21,800.6 (previous day high) and 21,146.2 (previous day low) for first support.
- **Demand Zones**: Strong demand below 21,146.2, with deeper support near 20,000 and 18,800.
- **Overview: A possible bearish move ahead from current highs, targeting lower demand zones.
Happy Trading,
K.
Not trading advice
Time to buy more chocolates - HSYFor nearly 2 years, the price of HSY has been falling , from a high of 280 to a 50% fall of 141 before it climb back up recently to 175. It is still in the downtrend as shown on the weekly chart.
Yesterday, it rally near 6% , a welcoming surprise to its shareholders. With continuing drop in cocoa price, I believe we could see a breakout from the bearish trend for HSY.
208 will be a strong resistance/profit target for some traders/investors.
Other risks that HSY may face is the anti obesity drive by various governments worldwide. So, indulgent foods like chocolate may take a backseat or consumers may choose to replace it with healthier options or reduce their chocolate purchase. The year end is coming, Christmas and New Year where giving chocolates as gifts are common. This will be an important time for HSY and other confectioneries.
LONG HSY, SHORT COCOA
Please DYODD
Gold breaks trend – bullish wave returnsIn the most recent trading session, gold (XAUUSD) has made a strong rebound from the key support zone around $3,263 and is now approaching a short-term resistance near $3,347 – signaling a potential continuation of the bullish momentum in the short term.
1. Price Structure & Market Behavior After reaching a local top around $3,347–$3,350, gold entered a clear downtrend.
However, the breakout of the descending trendline (yellow line) with solid bullish candles is a strong reversal signal.
The market has formed higher highs and higher lows with strong bullish candles, confirming a V-shape reversal pattern from the bottom zone.
2. Key Support & Resistance Levels Immediate resistance: $3,347–$3,350 – previous rejection zone.
Short-term support: $3,308 – newly broken resistance now acting as support.
Major support: $3,263 – previous low with strong bullish bounce, highlighting significant buyer interest.
3. Suggested Trading Strategy Given the strong breakout and bullish trend structure, traders may consider a buy-the-dip strategy around $3,308–$3,315 on potential pullbacks.
Stop-loss should be placed below $3,263 to protect against false breakouts.
Short-term take-profit targets can be set at $3,350–$3,360. If this level breaks, extended targets could reach $3,375.
Volume & Momentum Volume is increasing along with price, confirming strong buyer participation.
Bullish candles are closing near highs, showing weak selling pressure and suggesting the uptrend may continue.
Conclusion: Gold has resumed a short-term uptrend after breaking its previous downtrend. Traders should favor bullish setups and look for pullbacks to enter at better prices. Watch the $3,347 zone closely – if gold breaks and holds above it, further upside is likely.
AUDUSD InsightHello to all our subscribers,
Please feel free to share your personal opinions in the comments. Don't forget to like and subscribe.
Key Points
- According to the U.S. Department of Labor’s Job Openings and Labor Turnover Survey (JOLTS), job openings in May increased by 374,000 from the previous month to 7.769 million, significantly exceeding market expectations of 7.3 million.
- U.S. President Trump has indicated that he has no intention of further extending the reciprocal tariff exemption set to expire on the 9th, warning that tariffs of 30% to 35% could be imposed on Japan.
- Trump's tax cut proposal has dramatically passed the Senate and is now awaiting passage in the House. President Trump aims to sign the bill into law before July 4th.
- Australia's May CPI rose 2.1% year-on-year, falling short of market expectations. Some analysts now expect the Reserve Bank of Australia (RBA) to cut interest rates in July.
Key Economic Events This Week
+ July 2: U.S. June ADP Non-Farm Employment Change
+ July 3: U.S. June Non-Farm Payrolls, U.S. June Unemployment Rate
AUDUSD Chart Analysis
The pair has been steadily rising and recently reached the 0.66000 level. In the longer term, a rise toward the 0.69000 level seems likely. However, expectations of a rate cut by the Reserve Bank of Australia have introduced new uncertainty. There is also minor resistance near the 0.67000 level, which could lead to a potential reversal if market conditions align. While maintaining a bullish outlook, we will closely monitor the price action around the 0.67000 level.
Short Trade Idea: HOOD (Robinhood Markets, Inc.)🧠
📅 Timeframe: 30-Minute
💼 Type: Short Position
📉 Setup: Triangle breakdown + Resistance rejection
📍 Trade Details:
Entry: $92.33 (bearish rejection candle at resistance + lower trendline break)
Stop Loss: $95.33 (above local high & upper trendline)
Target 1: $89.47 (previous support level)
Target 2: $86.64 (mid-support zone)
Target 3: $83.89 (key horizontal support)
Extended Target: $81.66 (major support from breakout zone)
🔎 Technical Breakdown:
Price formed a rising wedge/triangle and broke the lower trendline
After rejecting $95+ zone, it failed to hold above yellow resistance line
Bearish engulfing + retest of broken support confirms downside pressure
Momentum fading after a strong uptrend – ideal for a reversal trade
🎯 Risk/Reward Outlook:
RR Ratio: Favorable (min 2:1+ depending on targets)
Good structure for tight risk and wide target zone
LULU – Compression Complete? Reversal in Progress | WaverVanir PTicker: NASDAQ:LULU
Timeframe: 1D (Daily)
Posted by: WaverVanir International LLC | VolanX DSS Framework
🧠 Technical Thesis:
LULU is showing signs of a potential macro reversal after a sharp capitulation and retest of key demand (~$235–240). The double-bottom formation and absorption at prior support suggest smart money accumulation.
📌 Trade Plan:
Entry Zone: $237–245
Target 1: $310 (Risk:Reward ~2.5R)
Target 2: $385
Target 3: $460+ (ATH retest zone)
Invalidation: Daily close below $228 (breakdown continuation)
🧭 DSS Confluence (VolanX Modules):
✅ Smart Money Concepts (SMC): Displacement followed by BOS (Break of Structure)
✅ Volume Profile: Major acceptance above $240
✅ Fibonacci Cluster: 0.618 retrace aligns with breakout targets
⚠️ Earnings Watch: Next ER marked – high volatility expected
📊 Probability Estimate:
Reversal/Breakout (Long Bias): 72%
Chop/Retest: 18%
Breakdown Continuation: 10%
📎 Macro Context:
With consumer discretionary stabilizing and earnings revisions improving, LULU may benefit from a re-rating cycle, particularly if macro tailwinds (Fed cuts, soft landing) persist through Q3–Q4 2025.
🚨 Disclaimer:
This post is for informational and educational purposes only and does not constitute financial advice. WaverVanir International LLC is not liable for any trading decisions based on this content. Always do your own research.
✅ Follow us for more DSS-backed setups.
#WaverVanir #LULU #SmartMoneyConcepts #VolanX #TradingView #OptionsFlow #VolumeProfile #DSS #InstitutionalEdge
NZD-CAD Swing Short! Sell!
Hello,Traders!
NZD-CAD keeps growing
In an uptrend but the pair
Will soon retest a wide
Horizontal resistance level
Around 0.8350 so after the
Retest we will be expecting
A bearish pullback
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
WULF / 2hNASDAQ:WULF has revealed an impulsive sequence that's gone beyond the June high >> 4.65.
And it would suggest a bullish alternative in which the correction of wave b(circled) could be thoroughly over at 3.40.
So, an impulsive advance in anticipated wave c(circled) should be underway.
Trend Analysis >> Trend has turned upward in impulse c(circled).
#CryptoStocks #WULF #BTCMining #Bitcoin #BTC
Dollar dives as Fed rate cut bets grow | FX ResearchThe US dollar faced renewed pressure at the start of July, with the dollar index dropping to its lowest since February of 2022, marking a 10.8% decline in the first half of 2025—the worst since 1973. Driven by geopolitical tensions and Trump trade policies, President Trump's ongoing criticism of Federal Reserve Chair Powell and the Fed's high interest rates, combined with Goldman Sachs's revised forecast of three rate cuts starting in September, signal a dovish shift that could further weaken the dollar.
Eurodollar surged to its highest since September of 2021, though ECB Vice President De Guindos noted potential concerns if it exceeds 1.20, while the EU considers accepting a US 10% tariff in exchange for lower rates on key sectors.
Emerging market ETFs saw $1.22 billion in inflows last week, reflecting de-dollarization trends amid easing Middle East tensions and Fed rate cut bets. Meanwhile, China’s Caixin PMI rose and Japan’s Q2 Tankan data beat expectations, supporting risk-on sentiment.
Today’s focus is on US JOLTS job openings and manufacturing ISM data, alongside an ECB forum panel with key central bank leaders, which could influence market expectations.
Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
Snowflake Inc Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up
Notes On Session
# Snowflake Inc Stock Quote
- Double Formation
* (A+ SIgnal)) - *Start On Uptrend | Completed Survey
* (2nd Entry Area)) | Subdivision 1
- Triple Formation
* (P1)) / (P2)) & (P3)) | Subdivision 2
* (TP1) = a / Long Consecutive Range
* (TP2) = b / Short Consecutive Pullback | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Regular Settings
- Position On A 1.5RR
* Stop Loss At 201.00 USD
* Entry At 216.00 USD
* Take Profit At 240.00 USD
* (Uptrend Argument)) & No Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
XAU USD 2HR CHART ANALYSIS 🔎 XAUUSD (Gold Spot) 2H Chart Analysis:
✅ Price recently made a strong bullish rally up to the resistance zone between 3346–3368.
✅ A supply zone has been marked in this area, which is currently causing a bearish reaction.
✅ BOS (Break of Structure) and ChoCH (Change of Character) labels on the chart indicate that the overall market structure has been bearish, and price has now retraced to this supply area for a potential pullback.
✅ The trader appears to have taken a short position with a stop loss around 3368 and a target around 3259, giving a risk-reward ratio of approximately 1:3.
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🔎 Possible Scenarios:
✅ Bearish Scenario (preferred):
If the supply zone at 3346–3368 holds and price rejects from there, the logical target could be the previous support near 3259, in line with market structure and bearish momentum.
✅ Bullish Scenario (invalidation):
If price breaks above 3368 with strength and confirms a candle close above, that would invalidate the supply zone, and the uptrend may resume toward higher levels around 3418 (previous highs).
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🔎 Key Levels:
✔️ Resistance (Supply Zone): 3346–3368
✔️ Support (Demand Zone): 3259–3244
✔️ Market Structure: bearish, with a pullback into supply
✔️ Stop loss (for the short): above 3368
✔️ Target: around 3259
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This analysis is not financial advice and does not constitute a trade recommendation.
OANDA:XAUUSD
$RDDT Long Setup – Bullish BreakoutReddit ( NYSE:RDDT ) has broken out above the Ichimoku Cloud on the daily chart, signaling a potential shift in trend. Momentum is building with MACD pushing higher and no signs of divergence, showing continued strength. While this trade offers a solid 2.1 risk/reward setup (entry at $134.14, stop at $108.80, target at $188.34), the current entry is not ideal—price is extended from support, and the breakout has already moved significantly. However, the structure still points to bullish continuation. If RDDT can hold above the $130–$135 zone, there’s room to run into the $180s and potentially beyond. A pullback toward the breakout zone would offer a stronger entry, but the upside here remains attractive for a swing trade. This setup is best approached with smaller size or added confirmation if chasing.