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Trend Analysis

Gold waited for a clear move!Currently, gold prices are attracting some dip buyers after the previous day's pullback from record highs amid persistent safe-haven demand, driven by concerns over a global economic downturn due to tariffs. Furthermore, expectations of a Fed rate cut and the lack of USD buying interest provide additional support for FX:XAUUSD From a technical perspective, we see the Bollinger Bands showing signs of price narrowing, indicating that long-term buying or selling at this moment is risky. We are looking for key areas to buy or sell as the main trend remains sideways. For instance, if the price drops below 3145, we might consider selling, while a rise above 3105 could signal a buying opportunity. Happy trading, and may your trades be profitable!
FX:XAUUSDShort
by Rowan_TradingFX
The bull's charge trumpet was successfully soundedFrom the 4-hour analysis, the support below is around 3100-06, with a focus on the support line of 3086-94 below, and the short-term pressure above is 3127-3130. Keep the main tone of participation in the idea of ​​​​buying on pullbacks unchanged. In the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for the shutdown point to enter the market. Gold operation strategy: 1. Gold retreats to the 3100-3106 line for more, and retreats to the 3086-3094 line to cover more positions. The stop loss is 3079, and the target is the 3125-3130 line. If the position is broken, continue to hold;
OANDA:XAUUSDLong
by BenedictLuc8
1
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Quiet day on the markets today, while we wanted gold to reject the resistance level it breached giving the move upside completing the bias levels. It's a move we ideally wanted to take from below, but nothing ventured nothing gained as they say. Now we have support below at the 3115 region with resistance in a potential order region 3130-35, which could be the potential level they target for the close or during the Asian session. It's the last day of the month and the first day of a new month tomorrow. For that reason we're taking it lightly trading the red boxes only for scalps up here. 3135 is the level to watch we feel. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
6
EurUsd could continue to the downsideTwo weeks ago, I mentioned that while a new high was possible, the bigger move in EUR/USD should be to the downside. Indeed, the pair dropped from above 1.0900 and recently found support around the 1.0730 zone. The recent recovery appears corrective, unfolding in a flag pattern, and I expect another leg down toward 1.0600. Bearish confirmation comes with a daily close below 1.0750, and my preferred strategy is to sell rallies. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Short
by Mihai_Iacob
Sorry, I'm going short gold.This 1-hour Gold (XAU/USD) chart presents a Head and Shoulders pattern forming near the 3,124 level, indicating a potential bearish reversal. The structure consists of: Left Shoulder – A peak followed by a retracement. Head – The highest point in the formation. Right Shoulder – A lower high, confirming the pattern. Additionally, a Quasimodo pattern is forming, reinforcing bearish sentiment if price fails to sustain above 3,139. A breakdown below the neckline suggests a potential move toward the projected target zone at 3,039. Key Levels & Trade Plan 📍 Resistance: 3,139 (Quasimodo level) 📉 Support Levels: 3,107 – 3,085 – 3,039 (Main target) 📊 Bearish Confirmation: Break below the neckline (~3,120) 🎯 Target Zone: 3,039 A clean breakdown below the neckline could accelerate bearish momentum, aligning with the projected drop of approximately 62.7 points (-2.02%). Bulls need to reclaim 3,139 for any invalidation of this bearish outlook. Keep an eye on price action confirmation before entering trades.
CAPITALCOM:GOLD
by WendellCarroll
Falling towards pullback support?AUD/USD is falling towards the support level which is an overlap support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6270 Why we like it: There is an overlap support level that lines up with the 50% Fibonacci retracement. Stop loss: 0.6236 Why we like it: There is a pullback support level Take profit: 0.6329 Why we like it: There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
WTI CRUDE OIL TRADE SETUP : BREAKOUT OR BREAKDOWN ?📊 Key Observations: 🔹 Trend: 🚀 Strong bullish move followed by a correction 📉 🔻 Price is testing a support zone 🔹 Pattern Formation: 📏 Descending channel or flag-like structure 📍 Price is near a breakout point 🔹 Trade Setup: ✅ Entry Zone: Around 70.77 🛑 Stop Loss: 70.44 - 70.49 (Risk limit ❌) 🎯 Target Point: 71.80 (Profit zone ✅) 🔹 Indicators & Confirmation: 📊 DEMA (9) at 70.92 → Price is slightly below short-term momentum 🔥 A breakout above resistance could confirm a bullish move 🚀 📌 Conclusion: ✅ If price breaks the trendline upwards → Buy 📈 aiming for 71.80 🎯 ❌ If support at 70.44-70.49 fails → More downside possible ⚠️ 🚀 Watch for volume & candlestick confirmation before entering!
TVC:USOILLong
by Jameshead007