XAUUSD: 1H Chart Trend Continuation or Deeper Pullback?Established Uptrend Channel : The XAUUSD pair is trading within a well-defined, long-term ascending channel (highlighted by the red parallel bands), indicating a clear bullish trend with consistent higher highs and higher lows over the observed period.
Significant Support Confluence : The lower boundary of the ascending channel, particularly the area marked "Confluence Area for support" (green and orange shaded zone), has repeatedly acted as a strong demand zone where price has found support and reversed higher.
Current Corrective Phase and Deciding Point : Price is currently undergoing a short-term correction, forming a smaller, descending channel (white/grey box) within the larger uptrend. This area is labeled "Deciding Area to continue Higher," indicating that the immediate future direction is contingent on whether price breaks out of this smaller channel or continues within it.
Projected Pathways : The chart illustrates two immediate potential scenarios: a resumption of the primary uptrend (green dotted path) upon a successful breakout from the short-term descending channel, or a deeper retracement towards the major ascending channel's support (red dotted path) if the current corrective structure persists or breaks lower.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Trend Lines
EURUSD: Deciding Point for Bearish BiasCurrent Price at Critical Resistance : The price action is currently challenging a significant downward-sloping resistance channel (highlighted in red). This zone has historically acted as a ceiling for price movements, and the current location is explicitly labeled as a "Decider for Breakdown," indicating a pivotal point for future direction.
Implied Bearish Bias : The overall sentiment indicated by the chart's title "At deciding Level, Mostly Bearish" suggests a lean towards downside continuation, although the price is currently pushing against resistance.
Identified Support Confluence : Below the current price, a layered support structure is identified. This includes an upward-sloping "Trend Line Support" channel (green) and a prominent horizontal "POC" (Point of Control), likely derived from volume profile analysis, both residing within a broader "Support Area" (green shaded zone).
Potential Future Pathways : Two immediate potential scenarios: a bearish continuation (red dotted path) if the current resistance holds and lower support levels are broken, or a bullish reversal (green dotted path) if the price successfully breaks above the descending resistance channel.
Swing Structure Visibility : Its kind of Flag and Pole pattern on larger picture, but there is also downward trending line. Purple line indicates the overall market structure interpretation.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
EURAUD → Breakout and consolidation above key supportOANDA:EURAUD is trying to consolidate above the key support zone of 1.76 - 1.77. Within the uptrend, bulls have a fairly good chance.
The market continues to break of structure, confirming the bullish sentiment on the chart. A correction is forming from 1.7882. Before rising, the price may test support. The currency pair is supported by its own bullish trend and the falling dollar (especially against the backdrop of economic problems with the USD (DXY)).
Technically, the currency pair looks quite positive. After the formation of another ‘bos’, we are seeing a correction to the Fibonacci zone of 0.7 and support at 1.7696. If, during the retest, the bulls manage to hold their ground above the key support level, growth may continue in the medium term.
Support levels: 1.7696, 1.7629, 1.7463
Resistance levels: 1.7882, 1.7988
Locally, a reversal pattern is forming relative to the specified zone (as part of a correction). We need to wait for confirmation (price consolidation above the level). The potential within the bullish trend is quite large, and in the medium and long term, the price may test 1.85.
Best regards, R. Linda!
GOLD → Continuation of the global trend... To 3350?FX:XAUUSD is testing trend support within a correction. Against a complex fundamental backdrop (the Middle East, Fed comments, Trump's desire to lower rates), the price may continue to rise.
The price of gold rose from a weekly low of $3,363 on Thursday thanks to increased demand for safe-haven assets following reports of possible US strikes on Iran. Markets are ignoring the Fed's hawkish decision to maintain its tight policy and rate forecasts. Traders are waiting for new signals from the Middle East, given the risk of increased volatility due to low liquidity in connection with the US holiday.
Technically, a bullish wedge pattern is forming as part of the correction. The breakdown of the pattern's support did not lead to a decline, but a return of prices and a breakout of resistance could trigger growth after liquidity returns.
Resistance levels: 3373, 3403, 3420
Support levels: 3349, 3320
Before growth, a retest of the trend support or the 3350 zone is possible. However, if the price goes above 3375 and the bulls hold their ground above this level, then we can expect growth to continue within the trend.
Best regards, R. Linda!
NXPCUSDT → The coin is being killed. Searching for a new bottomNXPCUSDT is testing the bottom at 1.1675 while Bitcoin and the top 10 cryptocurrencies are in a global/local bullish trend...
NXPCUSDT is showing its weakness in the cryptocurrency market. There is no potential or driver for the coin, and it continues to be killed... Against the backdrop of a growing market and Bitcoin forming a bullish trend, the NXPC coin is testing the bottom...
After a strong and long-term decline, the NXPC coin is forming a flat (consolidation) in the range of 1.5637 - 1.1675. A pre-breakdown base is forming relative to support, which could lead to the price breaking out of consolidation downwards...
Resistance levels: 1.2532
Support levels: 1.1675
Focus on support for the range and bottom in the current coin at 1.1675. This is a risk zone and a panic zone. If the price breaks out of this consolidation, there are no obstacles below and the fall could be aggressive. A breakout of the consolidation support could trigger a continuation of the rally or a decline with the aim of forming a new bottom...
Best regards, R. Linda!
Gold continues to fluctuate, and range operations are effective!Gold opened high on Monday and then fell sharply. On Tuesday, it fluctuated and corrected with a cross-yang line. On Wednesday, the overall trend was also volatile. However, after the Fed's interest rate decision was announced on Wednesday, the price of gold fell to around 3362. The low point of this decline was just supported by the 10-day moving average. From a technical point of view, the support of the 10-day moving average at 3350 has become a key point. If this support can be effectively maintained, the gold price is expected to maintain a volatile pattern; once it breaks down, the short-selling force may continue, and then it will be necessary to look at the support of the 20-day moving average near 3350. In terms of upper resistance, the 5-day moving average is currently near 3390, which will suppress the upward movement of gold prices. Further resistance depends on the gains and losses of 3405.
There is not much change in the 4-hour chart. The lower track has not opened, and the support of 3360 is strong. It is still a bullish trend. However, it is worth noting that in the continuous rebound, the Bollinger middle track suppression point has not been broken. Relatively speaking, gold is weak and volatile in the medium term. Under the trend today, if it continues to rise, we must pay attention to the gains and losses of the dense suppression point 3405. If 3405 is broken, the trend strength will come out and we can see the high point of 3430. For intraday trading, we still maintain high-altitude and low-multiple, waiting for the trend strength to break through the space, and we are bullish above the support of 3350 during the day.
Gold operation strategy: It is recommended to short at the rebound of 3385-3390, with a target of 3370-3365; gold falls back to 3350-3355 and buys, with a target of 3375-3385;
XAU/USD (Gold) – Educational Chart Breakdown [1H Timeframe]We’re currently observing a consolidation phase just below a well-tested resistance zone (~$3,377), while price remains supported by an ascending trendline — a classic setup where structure tightens before a significant move.
Two Potential Outcomes:
Bullish Case
If price closes convincingly above $3,378 with strong volume, we may see a continuation toward the $3,400–$3,410 zone. This would confirm the resistance break and shift market structure bullish on the 1H chart.
Bearish Case
Failure to break above resistance may lead to a reversal and a drop into the $3,345–$3,355 demand zone — especially if price loses the ascending trendline. This would reflect a liquidity sweep and continuation of the larger corrective move.
Patience is key — wait for confirmation before taking action. Consolidation often precedes expansion.
Dollar Index Analysis: Compression, Divergence, Breakout?Greetings to the TradingView community, here's a detailed look at DXY where technical structure and macro context may be hinting at a shift.
Dollar Index (DXY) Approaching Key Breakout | Bullish Divergence and Macro Shifts in Focus
The U.S. Dollar Index (DXY) is currently approaching a structurally important juncture where technical compression is intersecting with potential macroeconomic shifts. Over the past several months, DXY has remained in a well defined downtrend, consistently printing lower highs and lower lows. However, the recent price action reveals signs of exhaustion in bearish momentum, opening the door for a potential trend reversal or a meaningful corrective rally.
Technically the index has been trading within a broad descending wedge pattern since late 2024. This structure, often interpreted as a bullish reversal formation, is now nearing its apex. Price has been hugging the upper boundary of the pattern a descending trendline that has acted as dynamic resistance and appears to be preparing for a possible breakout. Each subsequent test of this trendline has occurred with less momentum on the downside, a common precursor to a breakout when price compresses tightly within narrowing ranges.
More importantly, momentum indicators are beginning to diverge from price. The Relative Strength Index (RSI 14), for instance, is forming a series of higher lows while price continues to record lower lows. This bullish divergence is a classic signal that downside pressure is weakening and that buyers may be gradually absorbing supply. Divergence of this nature, especially in confluence with trendline resistance, often leads to a shift in price behavior.
A key horizontal level to monitor remains 101.75, which has historically acted as a strong resistance zone. This level marked the previous breakout rejection and coincides with the mid-range structure of the wedge. A sustained close above this zone would effectively break the prevailing lower-high formation and could signal a shift in market structure toward a more neutral or even bullish bias.
In terms of projected targets, if a breakout confirms, the logical areas to watch would be the previous swing highs from the downtrend. These include levels in the 102.50 to 104.00 range, where the market has previously paused or reversed. These prior lower highs may now act as resistance on the way up and can be used as checkpoints to gauge the strength of any bullish follow-through.
From a macroeconomic perspective, several factors could support or accelerate such a breakout. Recent U.S. inflation data has shown signs of softening, with both Consumer Price Index (CPI) and Producer Price Index (PPI) prints coming in below expectations. This has increased market speculation that the Federal Reserve may pivot toward a more accommodative stance later in the year. Although the Fed has not confirmed any immediate easing, market expectations around rate cuts are beginning to influence bond yields and, by extension, the dollar.
However, it’s also worth noting that monetary policy divergence among global central banks remains an important theme. While the Fed may lean toward caution, the European Central Bank and the Bank of England are facing their own unique inflationary challenges, which could either reinforce or limit relative dollar weakness. In such an environment, if other central banks appear more dovish than the Fed, it could provide relative strength to the dollar index.
Geopolitical uncertainty and equity market volatility are also important to consider. The dollar has historically acted as a safe-haven asset in times of global distress. If geopolitical tensions escalate or global risk sentiment weakens, capital flows into the dollar may accelerate regardless of interest rate trajectories.
In conclusion, the current DXY setup is a technically rich and macro-sensitive zone where price compression, bullish RSI divergence, and policy shifts are aligning. While confirmation is still needed, particularly via a breakout above the descending trendline and the 101.75 level, the probability of a structural shift is increasing. This setup is not a trading recommendation but rather an important chart to watch for clues about future dollar direction and its cascading impact on global FX pairs, commodities, and broader market sentiment.
Thanks for reading hope you like this publication.
Regards- Amit.
EURUSD Under Pressure Amid Geopolitical TensionsEURUSD – Technical Overview
EUR/USD is currently trading below the pivot zone at 1.1530, indicating a continuation of the bearish trend.
If the price remains below 1.1450, we may see an extension of the downtrend toward 1.1373, and potentially 1.1270.
However, if the pair holds above 1.1450, it may regain bullish momentum toward 1.1558 and 1.1625.
Geopolitical tensions in the Middle East could impact EUR/USD if the situation escalates, increasing risk-off sentiment and USD demand.
Key Levels:
• Pivot: 1.1530
• Support: 1.1450 / 1.1373 / 1.1270
• Resistance: 1.1558 / 1.1625 / 1.1675
Scaling back into $AAVE – 3x Leverage Setup📍Entry zone: $250 → $240 (scaled)
📍Support confluence:
• Daily Supertrend touch
• Rising trendline support
• Major horizontal level near $240
🛑 Stop Loss:
• 5% price move (→ $232.75 avg) = 15% capital loss at 3x
• Or Daily Supertrend flip (closes in ~9 hours)
🎯 TP1: $295 (trim 33%)
🎯 TP2: $372 (full exit)
⚖️ R/R Ratio: 8.29
• ✅ Reward: +124%
• ❌ Risk: -15%
Just booked +133% on the last one. Back in—structure’s still bullish until it’s not.
GBPJPY Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring GBPJPY for a selling opportunity around 195.600 zone, GBPJPY is trading in a downtrend and currently is in a correction phase in which in which it is approaching the trend at 195.600 support and resistance area.
Trade safe, Joe.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoringUSDJPY for a selling opportunity around 145.700 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 145.700 support and resistance area.
Trade safe, Joe.
The market is closed today. How to arrange gold in the evening?📰 Impact of news:
1. The interest rate remains unchanged and leads to new lows in the short term
2. Geopolitical tensions provide support for risk aversion
📈 Market analysis:
The market is expected to not fluctuate much today. Generally speaking, it is difficult to stand on one foot to form a short-term bottom. There should be a second wave of bottom exploration, a secondary low point, and then the bottom is explored and pulled up to break through the previous high point. Only then can the turning point be officially established and the decline end. Moreover, the 1H moving average is spreading downward. Therefore, in the short term, we still pay attention to the 3375-3385 line of resistance and the 3360-3355 line of support below.
🏅 Trading strategies:
SELL 3375-3385
TP 3365-3360-3355
BUY 3360-3355
TP 3370-3380-3405-3420
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.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
The wealth code of crude oil is: low and long
💡Message Strategy
According to market research, Iran's crude oil export infrastructure has not been directly hit yet, and most of the impact is still concentrated on shipping. However, analysts pointed out that once the conflict spreads to the entire region, oil prices are likely to rise further.
The Strait of Hormuz has become the market's biggest concern. It is the throat of about one-fifth of the world's crude oil supply. Although there is no sign that Iran is trying to block the channel, any escalation of the situation may pose a serious threat to the global energy supply chain.
"Trump's threat to Iran's supreme leader shows that diplomatic channels are no longer effective," said Charu Chanana, chief investment strategist at Saxo Financial Markets Ltd. in Singapore. "If Iran's exports are interrupted, or even in the worst case scenario such as the Hormuz blockade, oil prices may soar rapidly."
The rise in geopolitical risks has also triggered turmoil in financial markets, with investors turning to safe-haven assets such as gold, and the volatility of the crude oil market has hit a three-year high. At the same time, crude oil producers have stepped up hedging operations, and futures and options trading volumes have surged.
The latest API crude oil inventory data showed that U.S. crude oil inventories fell sharply last week, further reinforcing market expectations of tight supply. According to data released by the American Petroleum Institute (API) in the early hours of June 18, U.S. crude oil inventories fell by 11 million barrels in the week ending June 14, far exceeding market expectations of a decline of 2.5 million barrels, marking the largest weekly drop since August last year.
📊Technical aspects
From a technical perspective, the daily chart of US crude oil (WTI) shows a clear bullish trend. After breaking through the previous high of $72, the price quickly rose and stabilized above $75, showing strong upward momentum. The current K-line has closed with long positive lines, and the red column of the MACD indicator has expanded, and the fast and slow lines have crossed, indicating that the bullish momentum continues to increase.
At the same time, the price has moved away from the 20-day and 50-day moving averages. There is a possibility of a technical correction in the short term, but the overall trend is still upward. If the geopolitical situation continues to be tense, the target may be raised to $77.5 or even the integer mark of $80, and the support will focus on the vicinity of $72.50.
💰 Strategy Package
Crude oil has reached our upward target of 74.00 yesterday and fell back. The current upward pressure on crude oil is around 75.50. If it breaks through upward, it will soon reach our second target of 77.50.
rend: Upward trend
Support: Around 72.50
Resistance: Around 75.50
Long Position:72.00-72.50,SL:71.50
The first target is around 75.00
The second target is around 77.50
Continue to short gold after the reboundGold has currently hit a low of around 3347, and rebounded after slightly breaking through 3350. It has now rebounded to around 3370. Will gold continue to rebound and hit 3400 again?
I think it is unlikely that gold will continue to rebound and hit 3400 in the short term. From a fundamental perspective, many of the news leaked out about the situation in the Middle East are untrue, and the conflict has not escalated further, so gold has not reacted much to this; and as market expectations for interest rate cuts decrease, the impact of news supporting gold's upward trend is gradually weakening;
From the current structure, since gold fell below 3370, bears have completely taken the upper hand. Although gold has rebounded from around 3347, it is only a short-term technical repair and oversold rebound from a structural perspective, and it cannot be said that it is a restart of bulls. So I think gold still has the risk of a second decline after the rebound, and once gold falls again, it may trigger a large number of profit-taking orders and a large number of short-sellers to enter the market.
As the center of gravity of gold shifts downward, the short-term resistance area moves down to 3380-3390; the current support area below is near 3350, followed by 3335. So for short-term trading, I still prefer gold short trading, and we can continue to short gold with this short-term resistance area.
The reason why gold was suddenly sold off
💡Message Strategy
Market dehydration news:
1. On Wednesday, the Federal Open Market Committee (FOMC) maintained a stable stance on interest rates, maintaining them in the target range of 4.25% to 4.5%. The Fed expects to implement two rate cuts this year, but policymakers expect inflation to rise. They also lowered their outlook for gross domestic product (GDP).
2. After the Fed's decision was released, the spot gold price fell sharply from the level near $3,396 per ounce; during Powell's speech, the gold price accelerated its decline, once falling to around $3,362 per ounce.
3. Powell said that the current policy stance is ready for flexible response, "At present, we are in a good position to wait for more information about the possible direction of the economy before considering adjusting policies."
4. Powell pointed out that the Fed needs to further understand the current situation before considering adjusting monetary policy. He said that given the continued changes in trade, fiscal and regulatory policies, the Fed needs more time to assess their impact on the economy.
📊Technical aspects
On the 1H chart of gold, gold fell back from a two-month high, hitting a new low in a week, and the short-term trend is biased towards adjustment.
For the upper pressure of gold, pay attention to the intraday high point of gold price rebound at 3380-90 US dollars, which is also near the 5-day moving average of the daily line. Secondly, pay attention to the integer position of 3400 US dollars, which is also the high point of gold price rebound on Wednesday. For further strength, pay attention to the upper track of the daily Bollinger band at 3425 US dollars;
For the lower support of gold, pay attention to the intraday low of 3355-60 US dollars, which is the middle track position of the daily Bollinger band and near the weekly MA5 moving average. The 5-day moving average golden cross turns down, the MACD indicator is close to forming a slight dead cross, the KDJ indicator dead cross slows down, and the RSI indicator dead cross turns up. The short-term technical aspect shows that there is a risk of correction in gold prices.
💰Strategy Package
Short Position:3390-3400,SL:3410,Target: 3370-3360
Long Position:3355-3365,SL:3345,Target: 3380-3390
Small Caps about to get SlammedThe IWM has been trading inside this upward sloping wedge/bear flag for a few months. It just broke the bear flag this week and then tested the underside of it as resistance before getting rejected. This area also happens to be a golden pocket retracement zone from a Fibonacci I have drawn from the all-time highs made in November of last year to the lows made 2 months ago in April. The next probable move is back down to target 1 at the bottom of the Fibonacci retracement at $171. These golden pocket retracements have a very high probability of moving back down to the bottom of the retracement, sometimes breaking lower. This area at $171 has a lot of support but if it breaks, I expect it to come down to the orange line which is an upward sloping paralell channel that the IWM has been trading in since the financial crisis of 2008. The bottom of said channel connects the 2009 lows through the covid lows of 2020. This area also happens to be the -0.618 Fibonacci retracement area, it would be the 3rd hit of the bottom this major weekly channel and would very likely contain the lows for the current bear market.
Gold breaks down, short-term bears dominate the rhythmThe Fed's June resolution kept interest rates unchanged, but Powell's remarks (expected to slow down the pace of future rate cuts) suppressed gold prices, causing gold prices to fall from around $3,396 to $3,362; the rebound of the US dollar index put short-term pressure on gold, but gold rebounded slightly when the US dollar pulled back; the conflict between Iran and Israel continued to ferment, and the safe-haven demand partially supported the gold price, limiting the decline. After several days of volatility, gold opened slightly higher today and then fell sharply to $3,347.56 per ounce, breaking the unilateral decline in the volatile trend. The 4-hour moving average is in a short position, the Bollinger band is narrowing, and the gold price is running near the lower Bollinger band. Therefore, today's operation is to rebound and short.
Operational suggestions: Arrange short positions in batches in the 3370-3385 range, follow the trend, and control risks. Target 3350-3340.