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Trend Lines

GBP/USD Testing Resistance- Battle Lines Drawn into June OpenOne of the cleaner setups into the start of the week / month- Sterling opens the session with a test of confluent resistance into the yearly high-day close (HDC) at 1.3564- looking for a reaction there today with a breach / close above needed to fuel the next leg of the advance towards 1.3671-1.3705. Initial support rests with the 2019 high at 1.3515 backed closely by the 78.6% retracement / 2024 high at 1.3414/34- note that the median-line converges on this threshold over the next few days and a break / close below would suggest a more significant high was registered last month / a larger reversal is underway. -MB
by FOREXcom
Gold at Resistance into June Open- Decision Time for the BullsGold is poised to mark the largest single-day advance in nearly a month with XAU/USD stretching back into resistance at 3355/80- a region defined by the 61.8% retracement of the April decline and the record high-day reversal close. Looking for a reaction off this mark with a close above the median-line needed to fuel a run towards the record high-close at 3431 and the all-time high at 3500. Weekly / monthly open support rests at 3289 with key support / medium-term bullish invalidation now raised to the 61.8% retracement of the May rally near 3219. -MB
FOREXCOM:XAUUSD
by FOREXcom
GOLD → Correction after distribution. Bullish trendFX:XAUUSD is testing the liquidity zone at 3350 and forming a false breakout of resistance within the uptrend. A correction is possible before growth continues. The fundamental background is quite controversial in the market. In the current situation, the focus is on relations between Russia and Ukraine, especially after the escalation that took place over the weekend. Everyone is watching the ongoing negotiations in Turkey. In addition, we should not forget about the situation with tariffs, which is still quite tense. Gold has been rallying since the opening of the session and has reached the order block. A false breakout of resistance is forming, which could trigger a correction to the zone of interest. The dollar is hitting support, which could form a local correction before continuing its movement. This could also affect the price of gold, which remains bullish in the market. Resistance levels: 3350, 3365, 3409 Support levels: 3303, 3264 The price has broken out of consolidation, with resistance tested and liquidity above 3350 realized. Relative to the current level, a correction is possible with the aim of retesting support before continuing to rise. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
12
Can JTO pull a BNB All-Time-High Move??BNB made a similar pattern that led to it's previous ATH. Since we are still waiting on the new ETH a time highs, followed by altseason, we can expect to see altcoins beginning to increase when ETH trades sideways. More on that here : We can also expect to see rallies across other altcoins: and But before we see a glorious altseason, ETH needs to start moving to the upside as a starting point. _______________ BINANCE:JTOUSDT BINANCE:BNBUSDT
Long
by Crypto-Check-
Jack in the Box | JACK | Long at $18.48Jack in the Box NASDAQ:JACK has taken a massive hit to its stock price since its peak in 2024 at just over $124 a share. It's currently trading around $18 and has entered my "crash" simple moving average zone. More often than not, this area signifies a bottom (or future bounce), but I view it more as a consolidation area to accumulate shares. Float = 18M; short interest = 19%... Looking at NASDAQ:JACK fundamentally, this isn't the healthiest of restaurant companies. It is using a high level of debt to finance its operations and a high dividend yield of 9.28%. The company's revenue and profits have been slowly declining since 2023, as well. However, after 2025, the company anticipates a slow turnaround to begin. It will be closing 80-120 restaurants across the U.S. in 2025, which is a positive to help the company moving forward. NASDAQ:JACK also just got a new CFO and they are (at least from an outsider's view) attempting to change to generate share value. At this share price, I believe the company is in dire straits to get some investor confidence back. It's a strong name with long history. While the stock price may hit true resistance at just under $17, NASDAQ:JACK is in a personal buy zone at $18.48. Targets are set low due to economic uncertainty. Targets: $23.00 (+24.5%) $25.00 (+35.3%)
NASDAQ:JACKLong
by WorthlessViews
1
Gold Watch Out for Information Smoke Bombs 💡Message Strategy Trump's tariff stick ignites the market again Last Friday, US President Trump's remarks were like a bombshell. He publicly stated that he planned to significantly increase the tariff on imported steel and aluminum from the current 25% to 50%. This radical move immediately triggered a strong reaction from global trading partners. The European Commission immediately issued a warning, saying that Europe is ready to take retaliatory measures. A weaker dollar boosted gold prices In addition to safe-haven demand, the weakening of the U.S. dollar index also provided additional support for gold's rise. During the Asian trading session on Monday, the U.S. dollar index fell 0.5% to 98.93, also hitting a new low in nearly four trading days. Since gold is denominated in U.S. dollars, a weaker dollar usually makes gold cheaper for holders of other currencies, thereby stimulating demand. 📊Technical aspects The international news seems to be bullish for gold, but from the technical trend, gold is currently trapped in a sideways shock at the daily level. After continuous declines, it failed to continue the decline, but continued to be suppressed by the 3350 area. On the weekly line, gold hovered around the 5-day moving average and fluctuated. At the monthly level, it closed with a cross star. From the technical trend point of view, this cross star at the monthly level can be used for attack or defense. However, from the weekly level, the strength and space of the direct upward rush are extremely limited. Without major positive news stimulation, it is difficult to form a trend of rising in the short term. It is highly likely that it will still form a high-rise and fall with the help of fragmentary positive news. In the short term, focus on whether the suppression of 3350 area can be broken. If it is always under pressure at 3350, it is still expected to fluctuate in the daily range, and the fluctuation range is 3350-3270. Once it breaks through and stands above 3350, gold will have a round of daily level rise in the short term. Once it breaks through the suppression of 3350, you can follow up and go long. On the contrary, before 3350 is broken, you should not rush to chase or be overly bullish. 💰 Strategy Package Short Position：3345-3360，3365-3375
TVC:GOLDShort
by TheodoreSilas
1
Don't chase long positions easily during high-level adjustments📰 Impact of news: 1. The conflict between Russia and Ukraine breaks out again, exacerbating the uncertainty of the situation 2. The tension in the Middle East continues, Iran claims to be ready to defend its airspace at any time, and the Houthi armed forces attack Israeli airports 3. May PMI data released 📈 Market analysis: In the short term, the double high points above the gold price are suppressed at the 3365 line. The MACD indicators at the 4H and daily levels tend to form a golden cross, releasing bullish signals. In the short term, if you want to confirm a unilateral upward trend, you need to break through the 3365 line. Despite the strong bullish signals, as I just reminded you, the current technical indicators are close to overbought areas, and I still think there is a certain risk of a correction. In the European session, I will consider trying to short at the 3355-3365 line, and pay attention to the short-term support at 3340-3330 line below. Later, after the price gets some support at the support level, we can consider long trades. 🏅 Trading strategies: SELL 3355-3365 TP 3340-3330-3320 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDShort
by AllenBoswell-2
Thor Exploration 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 # Thor Exploration Stock Quote - Double Formation * (P1)) - Long Support & Inverted Structure | Completed Survey * (Box Thinking Bias)) On 0.5 Retracement Area # Support & Resistance + Break Out | Subdivision 1 - Triple Formation * (P1)) / (P2)) & (P3)) | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Regular Settings - Position On A 1.5RR * Stop Loss At 34.00 GBP * Entry At 37.00 GBP * Take Profit At 43.00 GBP * (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
SPREADEXSB:THXLong
by TradePolitics
Short position opportunity at 3366 suppression pointAt present, the focus of gold is on the previous high point of 3360-3366. If the rebound fails to effectively break through this range, you can consider entering a short position. Although gold is in a high-level oscillation stage, you should not blindly chase more. If the upper suppression continues to be effective, there is a risk of a technical correction. If you encounter confusion in operation, please feel free to communicate at any time; if the current gold operation is not ideal, I hope to help you avoid risks and reduce investment detours. I look forward to your contact. From the perspective of the 4-hour cycle, the upper resistance focuses on the 3360-3366 line, and the short-term support below focuses on the 3320-3325 area. It is recommended to keep operating in line with the trend and follow the main trend unchanged. Operation strategy: When gold rebounds to the 3360-3366 line and fails to break through, arrange short positions, and target the 3320-3325 range.
OANDA:XAUUSDShort
by TP_Daniel5
HelenP. I Bitcoin can exit break trend line and continue to fallHi folks today I'm prepared for you Bitcoin analytics. After looking at the chart, we can see how the price declined and broke support 2, which coincided with the support zone. Then the price rose to the support zone but turned around and dropped to the trend line. After this movement, BTC started to grow inside an upward channel, where it soon rose to support 2, which soon broke it and continued to move up. In the channel, price rose to support 1 and some time traded near this level. Later, BTC broke it and rose to the resistance line of the channel and turned around, and dropped to support 1. And at the moment, it traded inside the resistance zone, which coincided with the support level. So, I expect that BTCUSDT will break the support level, which coincides with the trend line, and continue to decline, thereby exiting from upward channel. That's why I set my goal at 96000 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
4
GOLD (XAUUSD): Sense of Fear?! As the Russia-Ukraine peace talks are going today, Gold shows clear signs of worry. The market turned bullish after the opening and is currenty breaking a resistance line of a bullish flag pattern on a daily that we discussed earlier. To confirm the violation, we will need a daily candle close above that. As the results of the talks are still unknown, more moves may occur today. So the today's close will be very important. Let's patiently wait. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDLong
by VasilyTrader
1
Crude oil is moving upward again, testing 63 today 💡Message Strategy The Organization of the Petroleum Exporting Countries and its allies (OPEC+) met at their headquarters in Vienna on Wednesday to assess the current oil market situation. WTI crude oil prices climbed above $62 as OPEC+ said there would be no immediate change to current production policies. 📊Technical aspects From the daily chart level, the medium-term moving average system suppresses the rebound of oil prices, and the medium-term objective trend is downward. After the oil price hit the low point of 55.20, the frequent alternation of long and short positions formed, and the embryonic form of a falling flag relay appeared from the shape. Pay attention to the strength of the oil price testing the upper edge of the flag. It is expected that after the medium-term trend fluctuates, it will still rise to the 64 position. The short-term (1H) trend of crude oil fluctuates upward, and the oil price breaks through the 62.5 resistance level. The moving average system diverges and arranges upward, and the short-term objective trend direction is upward. In terms of momentum, the MACD indicator is above the zero axis and the golden cross opens upward, and the bullish momentum is sufficient. It is expected that the crude oil trend will continue to rise within the day. 💰 Strategy Package Long Position: 61.20-62.00
TVC:USOILLong
by TheodoreSilas
6
Trading Signals Gold buy above $3,365 Or sell below $3,365 Early in the American session, gold is trading around 3,347 after a sharp drop due to US data and showing signs of weakening bearish momentum. Gold has good support around the 6/8 Murray level, this level is key. Gold is eventually breaking the 6/8 Murray level. If it continues its bearish cycle, it could find another support around 3,259 (200 EMA). In this area, we could also expect a technical rebound. The confirmation for buying gold in the coming hours is to wait for the price to consolidate below 3,331. We can then buy with targets at 3,365. On the other hand, a break and consolidation above 3,365 and above the downtrend channel could confirm a strong bullish move for gold, potentially reaching the 8/8 Murray at 3,437. Gold left a gap around 3,324 in early May and is likely to be filled in the coming days. For this, we should expect the price to consolidate below the psychological level of 3,365.
FOREXCOM:XAUUSDLong
by CEO-PREMIUM-ANALYSIS
14
BTCUSD Breakdown Incoming? 4H Chart Flags Key Bearish Entry🔵 Entry Point (Sell Limit / Market Entry) • Around $104,600 – $104,700 This area aligns with the retest of the descending trend line and a weak resistance zone. Price is reacting negatively after hitting this level. 🟥 Stop Loss • $107,060 Placed just above the weak resistance. This protects the trade in case price breaks structure and invalidates the bearish setup. 🟩 Take Profit Targets 1. TP1: $101,818 (Support 1) o First major support zone; price has bounced here previously. 2. TP2: $98,020 (Support 2) o Deeper support and more aggressive target. Aligned with previous wick lows. 🔺 Chart Observations • Trend Line: Still intact and respected. Price rejected it on the latest retest. • Structure: Lower highs and lower lows show bearish momentum. • Volume/Volatility: Tapering candles around resistance indicate weakening bullish attempts. • Risk-to-Reward o TP1 R:R ≈ 1.3:1 o TP2 R:R ≈ 2.5:1+ ⚠️ Scalper Note If you’re trading this as a scalp, consider securing partial profits at TP1 and moving SL to breakeven to protect gains. Volatility around macro events or news (like the red event icons near June 3–5) could trigger wicks. Would you like me to add RSI, MACD, or EMA confluence to strengthen the setup further?
BINANCE:BTCUSDShort
by SupertradeOfficial
1
Bitcoin - Will Bitcoin reach $120,000?!Bitcoin is in its short-term descending channel on the four-hour timeframe, between the EMA50 and EMA200. Personally, I would look to sell Bitcoin at a target of $100,000. Either from the channel ceiling or after an invalid breakout of the specified channel. If this corrective move occurs, Bitcoin buying opportunities can be sought within the demand zone. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market, and capital management in the cryptocurrency market will be more important. If the downward trend continues, we can buy within the demand range. The Bitcoin 2025 Conference, widely regarded as the largest global event dedicated to Bitcoin and blockchain technology, took place from May 27 to 29 at the Venetian Convention Center in Las Vegas, Nevada. First launched in 2019 and held annually since, the conference has become the central meeting point for Bitcoin enthusiasts and professionals, offering a platform for knowledge exchange, ideation, and innovation within the Bitcoin ecosystem. With over 30,000 attendees, 400 speakers, and participation from around 5,000 companies, this year’s event played a significant role in advancing the global adoption of Bitcoin—often referred to as “hyperbitcoinization.” The 2025 edition covered not only technical subjects such as Layer 2 scaling solutions and privacy enhancements, but also broader themes like institutional adoption, strategic Bitcoin reserves, and its implications for financial freedom on a global scale.From an economic perspective, there was a strong emphasis on Bitcoin’s role as a store of value amid inflationary pressures and unstable monetary policies. Forecasts presented by key figures such as Michael Saylor and Paolo Ardoino pointed to Bitcoin’s potential to emerge as a foundational asset within global financial systems. These projections were further supported by the expansion of the M2 money supply in 2024 and expectations for continued growth into 2025. In addition to highlighting opportunities, the event also addressed the challenges facing Bitcoin. One major concern was the lack of clear legal and regulatory frameworks in certain countries—a topic addressed by Caitlin Long and other speakers. Such regulatory uncertainty could hinder broader Bitcoin adoption. Moreover, Bitcoin’s price volatility—highlighted by a 3.4% decline in the weeks leading up to the conference—raised questions about the market’s long-term stability. Meanwhile, Coinbase reported that the repayment of debts related to the bankrupt FTX exchange could act as a $5 billion liquidity injection into the crypto market. This development is expected to boost capital inflows and potentially draw major institutional players back into the space. According to Coinbase, as of May 30, the “FTX Recovery Trust” has begun its second phase of repayments, distributing over $5 billion in stablecoins to creditors. These payouts are being processed over three days via the BitGo and Kraken platforms. Unlike the first round in February, this phase involves only stablecoin disbursements rather than a mix of crypto and cash—enabling recipients to reinvest their funds more quickly and efficiently. Additionally, U.S.-based companies currently hold 94.8% of all Bitcoin owned by publicly traded firms. The U.S. also commands 36% of the global Bitcoin hash rate, underscoring its dominance in mining activities. So far, 36 U.S. states have enacted pro-Bitcoin legislation, signaling a growing legal endorsement of the cryptocurrency across the country. This level of concentration—in ownership, regulatory leadership, and mining capacity—could position the U.S. to play a more decisive role in shaping future global Bitcoin regulations.
COINBASE:BTCUSDShort
by Ali_PSND