Gold Pullback to Buy Zones Before 2737 TargetTrading Idea Summary CAPITALCOM:GOLD TVC:GOLD
The price has been very **bullish**, and the initial expectation was for it to reach and test the **4-hour order block at 2737**. However, it is now pulling back to **strong buy zones** before continuing higher.
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Updated Analysis:
1. **Pullback to Key Buy Zones:** The price is approaching critical support levels, such as **Fibonacci 0.5** and high-volume areas.
2. **Preparing for Further Upside:** These zones can serve as good entry points for the continuation of the bullish trend.
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Strategy:
- **Entry:** Around Fibonacci 0.5 (2,669-2,670) or the "golden pocket" zone (0.71-0.75).
- **Target (TP):** 2737 (4-hour order block).
- **Risk Management:** Stop-loss below high-volume areas, maintaining at least a 1:2 risk-to-reward ratio.
### Conclusion:
The price is showing a healthy pullback, creating a great buying opportunity before resuming the bullish trend towards 2737.
Trend Line Break
BNB → Big accumulation. In step with the distributionBINANCE:BNBUSDT is trying to move into the realization phase after quite a long accumulation, thanks to which the coin can give a very good growth
The coin tested the strong support of 645 within the correction. False break of the support and quite aggressive buyout of the fall indicates buying potential. Bitcoin, which is testing the highs and ready to go even higher is a good driver for BNB
Accordingly, the focus is on near-term levels. If the price can break the near-term resistance and consolidate above, the market will further go to break ATH and try to renew it.
Resistance levels: 761, 793
Support levels: 691, 645
I don't exclude that the unexpected correction of bitcoin can provoke a correction in the cryptocurrency market, but in general the structure is bullish. High probability of resistance breakdown with the purpose of continuation of movement
Regards R. Linda!
EURUSD → False breakout of resistance. DowntrendFX:EURUSD is testing resistance in the downtrend phase. The maneuver ends with a false breakout of resistance at 1.067.
On the daily timeframe the price is squeezed between the strong resistance at 1.06011 and the local support at 1.05. So, if the bears keep the defense below the key resistance, the currency pair will continue to fall in the short term. The target in this case may be the area of 1.05 - 1.044.
But, technically, the retest of 1.067 may provoke a local breakout of the level and the price movement to the channel resistance against which there will also be a high probability of formation of a false breakout.
Resistance levels: 1.067, 1.965, 1.076
Support levels: 1.0448, 1.0331
Emphasis on resistance. Confirmation of the nearest resistance in the form of price consolidation below the level, if retested, could be a good entry zone. But if resistance is broken, the focus will shift to 1.065 - 1.067
GOLD → Retest 2720. CPI ahead, what to expect?FX:XAUUSD is coming out of a long consolidation and testing 2688. Bulls are trying to keep the defense above this zone, but the risks are increased by the publication of CPI...
Gold was boosted by the escalation of the conflict in the Middle East and renewed buying of gold reserves by China. Amid looming tariffs announced by Trump and weakening labor market conditions, the US inflation report will be crucial in determining the Fed's easing trajectory in the coming months.
Further upside for gold prices hinges on the release of US CPI data, which is likely to set the pace for US Fed action early next year.
Technically, gold is heading towards broad range resistance as well as the 2720 liquidity zone. The chances of reaching the target are high, but a sharp approach and high news volatility could trigger a false breakout.
Resistance levels: 2705, 2720
Support levels: 2688, 2675, 2658
The CPI data may trigger both a rise in the dollar and a deep correction, depending on the interpretation of the current US economy. Gold may react accordingly, but it all depends on the actual data.
Regards R. Linda!
BITCOIN → Trend reversal? The end of growth? Or ...BINANCE:BTCUSD still maintains a bullish market structure as evidenced by the local upward channel within the broader consolidation channel. After a strong rally, the price is moving into consolidation.
several possible scenarios regarding current levels and the current situation
Consolidation is the accumulation of a position. Accordingly, there can be different situations inside such a figure: traps, traps, false breakdowns, unpredictable impulses and so on. And it all has one goal - accumulation. Technically, the bullish market structure is not broken. Globally - flat. Locally - an ascending channel.
The risk of breaking the bullish structure will be if the price starts to approach 91K - 85K. Then the question about deeper correction or even reversal will become more serious, but not now.
The bulls are actively defending the boundaries of the local ascending channel and it may lead the price to retest 99-102K, but at the moment there are no preconditions for strong growth. The market will need a few days to recover its strength. Just during this period of time, the asset may show further intentions.
Resistance levels: 99K, 101.3K, 104K
Support levels: 95.9K, 91.6K
If the bears hold the defense below 99K and the price starts to fall down, then pay attention to 95.9K. Further fall or consolidation inside the channel will depend on this level.
If the bulls will be able to keep the defense inside the channel (above the support), then in the medium term we can count on the continuation of growth
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;)
Regards R. Linda!
S&P 500 Index→Simple Analysis SP:SPX The S&P500 index (SPX) has had an excellent run since the time (August 28, see chart below) we introduced the following piece of analysis on the similarities between the 2015 - 2017 fractal and today's 2022 - 2024:
If it continues to replicate the past pattern into the 2018 fractal as well, then we may experience the last correction of the Bull Cycle around March 2025 towards the 1W MA50 (blue trend-line) as it happened in February - March 2018 and then the final rally to a new All Time High (ATH) towards the end of the year (October - December 2025).
What this pattern shows, and what we've presented to you as a possible scenario on previous analyses, is for a new Bear Cycle to begin in 2026, four years after the Inflation Crisis of 2022, that will once more test the 1W MA200 (orange trend-line), which is the market's long-term Support.
As a side-note to investors, it is important to understand that corrections are cyclical and crises systemic. Long-term, multi-year patterns like this, help us understand with a certain degree of efficiency, when to enter and when to exit. Timing is at times (especially on such long-term horizons), more important than pricing.
H_1 SCENARIOThe current analysis for XAU/USD (Gold vs. US Dollar) suggests a mixed outlook influenced by technical and geopolitical factors
The current analysis for XAU/USD (Gold vs. US Dollar) suggests a mixed outlook influenced by technical and geopolitical factors combined with a positive RSI trend, suggests a potential continuation toward higher levels like $2,668 if the bullish sentiment persists
On shorter timeframes, consolidation is observed near $2,640, with potential bearish movement if the resistance levels hold. A pullback to previous levels like $2,620 could act as a pivot for further trend assessment
Immediate resistance is noted around $2,668, while support lies near $2,620. Breaking either of these levels could dictate the next directional move
Prediction: In the near term, XAU/USD appears likely to continue testing resistance levels. If the bullish momentum holds, a rise to approximately $2,660-$2,670 could occur. Conversely, failing to maintain current levels may lead to a retracement toward $2,620.
Disclaimer: I am not a financial advisor, and this analysis should not be considered financial advice. Please consult with a professional for trading decisions.
INOX WIND BREAKOUT LEVELS
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🚨 Key Levels to Watch:
Resistance Level: [214 💥
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AUDUSD→At Critical Support Level's Could It Drop Further ?OrNot!FX:AUDUSD
The AUD/USD chart reveals that since late October, the pair has been in a downtrend. This is largely driven by monetary policy differences: while the Federal Reserve has begun cutting interest rates, the Reserve Bank of Australia (RBA) has yet to initiate rate reductions.
Tomorrow, the RBA will announce its decision on interest rates. All 44 economists surveyed by Reuters expect the rate to remain at 4.35%, given persistently high core inflation (3.5%) and low unemployment.
Previously, experts forecasted rate cuts in the first quarter of 2025. However, most now anticipate reductions no earlier than the second quarter, as the RBA focuses on bringing inflation back to its 2–3% target range.
LT READY TO SKY ROCKETLT has given a beautiful breakout today from the long standing Resistance level as marked on chart. With its well-established bullishness the stock is bound to go in for a long bull run. Targets can be open. Long Term Targets to be around 4500 level.
Simple Price Action at its best.
P.S. It has also given a breakout on the weekly TF, which is even more of a reason to buy the stock. Fundamentals look good too.
XRP $3.00 Still Active - Consolidation looks BullishSince my last BINANCE:XRPUSDT Trading Idea the altcoin consolidated more sideways and breached the trend line. Nevertheless, as long as the support zone at around $2.18 is holding, the setup remains intact. Bitcoin still hovers below $100K and tries to break out to the upper side. This will be the catalyst for this trade. Same goes for most of the other altcoins out there.
Target Zone
$3.00
Support Zone
$2.18
COTI/USDT 1D chart reviewHello everyone, let's look at the 1D COTI to USDT chart, in this situation we can see how the price broke out of the first and then the second downtrend line, which gave dynamic upward movements.
Let's start by setting goals for the near future, which include:
T1 = $0.196
T2 = $0.233
T3 = $0.279
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $0.163
SL2 = $0.143
SL3 = $0.111 AND
SL4 = $0.089
DOGE → Consolidation ahead of rally to ATH $0.7400BINANCE:DOGEUSDT is taking advantage of the hype moment and is consolidating after a strong rally. The trigger for rally continuation is the area of 0.45 - 0.46. The coin has all chances to reach ATH
Despite bitcoin speculation, a 10% drop in bitcoin, the main reason for which is profit-taking, doge continues to consolidate and does not react to the market noise. The big player interested continues to buy in the hope of continued growth. Technically, an ascending triangle is forming on the 4-hour chart and consolidation above MA-50, which indicates a rather strong interest from the buyer
Resistance levels: 0.45, 0.463, 0.48
Support levels: 0.422, 0.400
Since the price is still inside the pattern, I don't exclude the possibility of retesting MA-50 or one of the key supports before further growth. But the break of the key resistance will be the reason for further rally towards ATH
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:DOGEUSDT ;)
Regards R. Linda!
buy chz chiliz chz usdt spot analize "🌟 Welcome to Golden Candle! 🌟
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The probability of the last downtrend move is low and the price can break the trend line soon
GBPUSD → Channel breakout. Attempt to change the trendFX:GBPUSD finds an opportunity to grow. A breakout of the local trend resistance is forming amid the dollar correction. Zones of interest: 1.300
The retest of the intermediate bottom ends with reversal candlestick patterns and market reversal structure. The big question is: How long will it last? It all depends on the dollar. The US market received negative jobless claims data yesterday, which may also affect the NFP, which will be released later today. A worse-than-expected data will intensify the dollar correction, pointing to the problems in the economy (against what Powell said recently). In such a scenario, forex currencies may get a chance for a small rally.
Technically, a channel breakout is a good signal that could turn into a strong momentum, but apparently traders are not in a hurry yet....
Resistance levels: 1.284, 1.300
Support levels: 1.272, 1.261, 1.2488
Accordingly, if a false breakout of resistance is formed and the price falls beyond 1.272, then we should expect a decline to 1.24. But at the moment there are positive signs to gain from 1.275 to 1.300 in the medium term.
GBPUSD → Channel breakout. Attempt to change the trendFX:GBPUSD finds an opportunity to grow. A breakout of the local trend resistance is forming amid the dollar correction. Zones of interest: 1.300
The retest of the intermediate bottom ends with reversal candlestick patterns and market reversal structure. The big question is: How long will it last? It all depends on the dollar. The US market received negative jobless claims data yesterday, which may also affect the NFP, which will be released later today. A worse-than-expected data will intensify the dollar correction, pointing to the problems in the economy (against what Powell said recently). In such a scenario, forex currencies may get a chance for a small rally.
Technically, a channel breakout is a good signal that could turn into a strong momentum, but apparently traders are not in a hurry yet....
Resistance levels: 1.284, 1.300
Support levels: 1.272, 1.261, 1.2488
Accordingly, if a false breakout of resistance is formed and the price falls beyond 1.272, then we should expect a decline to 1.24. But at the moment there are positive signs to gain from 1.275 to 1.300 in the medium term.
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:GBPUSD ;)
Regards R. Linda!
ETHEREUM → A coin is being prepared To The Moon ↑BINANCE:ETHUSDT is lagging behind the general market growth in the cryptocurrency world. The price is still squeezed between consolidation boundaries, but there are already positive signs. Bitcoin is close to 100K and altcoins are opening the season.
Ethereum is lagging behind in the race, this is clearly visible on D1-W1. It's not that the price can't reach ATH, the coin hasn't yet updated the 2024 high. Before the start of the altcoin season, the community was skeptical about the fundamental project due to the behavior of the development team, but the victory of trump, the change of the political team to a pro-cryptocurrency one could be the strongest driver for ETH in recent times.
After local distribution, the price is testing the triangle resistance, forming another accumulation. A retest of the upper boundary indicates the formation of a trigger, the breakout of which will activate the rally.
Resistance levels: 3442, 3568
Support levels: 3028, 2820
Technically, the coin shows us another trading range, the role of which is consolidation.
If the resistance cannot be broken from the third time, a correction before further growth is possible.
BUT! We need to be careful, as any BTC correction can trigger a bearish rally in the altcoin market. Bitcoin has almost reached 100K and for many this is a red zone for profit taking.
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:ETHUSD ;)
Regards R. Linda!
BITCOIN → The market is getting ready to pass 100K. New targets?BINANCE:BTCUSD after a strong rally is consolidating without the possibility to form a deep correction, which indicates that the coin is ready to update the highs and go higher, for example, to 100-105-110K.
Despite the fact that bitcoin is losing its dominance in the market and it is possible to say that the alt season is open, the flagship of the cryptocurrency market has a huge potential to continue the rally. At the very least, the market is interested in reaching 100K, from which we are one step away.
Fundamentally: whales continue to accumulate the asset, buying up at every opportunity. Trump with his policies on cryptocurrencies is still a strong driver for the flagship and the cryptocurrency market as a whole...
Technically: The recent local correction is just a trap to gather liquidity before further growth. Pullbacks are now attracting large institutional buyers
Resistance levels: 99K, 100K
Support levels: 94.7K, 91.25K, 89.2K
An ascending triangle can be seen on the chart, which can be interpreted as a buyer's interest in breaking the resistance. The bulls continue to put pressure on the market.
Trigger 99K. If this zone is broken, bitcoin could go to 105K
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;)
Regards R. Linda!
Gold: Maintaining Downward Momentum
Gold Technical Analysis
The price recently tested resistance at 2651 before retreating.
Today, the price is expected to consolidate within the range of 2647 to 2638, showing bearish momentum. For the bullish trend to resume, the price must stabilize above 2647 by closing 4h candle above it, targeting 2661 as the next resistance. Conversely, as long as the price trades below 2647 and 2638, the trend is likely to remain bearish, with potential declines toward 2623 and 2612.
Key Levels:
Pivot Point: 2647
Resistance Levels: 2661, 2678, 2706
Support Levels: 2625, 2612, 2585
Trend Outlook
Uptrend: Bullish momentum is expected if the price holds above 2649.
Bearish Momentum: Dominant as long as the price remains below 2647.
GBP/USD Analysis: Key Levels in Focus Amid Mixed TrendsHello Traders,
Trust you are great.
Below is my perspective on the probable direction of GBPUSD in the coming days.
Overview
On the H4 timeframe, GBP/USD remains in a bullish trend. However, on the H1 chart, the pair is consolidating within a bearish structure. Key resistance levels are observed at 1.27219 and 1.27026, with the recent high at 1.27496 marking a critical threshold for further upside movement.
Idea
There is potential for a short-term rise in price, but the advance is likely to remain capped below 1.27496. The overall expectation is for the pair to break below the trendline after this upward movement. A confirmed close beneath the trendline could lead to a decline toward the 1.25400 price region, where strong support might trigger a bounce.
Additionally, earlier unusual volatility caused a sharp downward spike, but this has since eased, and momentum has weakened significantly.
Conclusion
While a downward move appears probable, a break above the Friday high of 1.27496 would invalidate this bearish outlook and signal a continuation of the bullish trend.
Do let me have you thoughts.
Cheers and happy trading!