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Wave Analysis

XAU/USD – Current Wave Count & Potential ScenariosOANDA:XAUUSD We are currently moving from (white) wave 3 to (white) wave 4. So far, I am leaning towards the white count where the waves labeled (A), (B), (C) form a larger corrective wave A, which leads to wave B, and then to (white) wave 4. Up to now, we have only completed (A) and (B). Now, in the yellow bracket, we can interpret a 1-2-3-4-5 structure leading to (white) wave C 🟡. Alternatively, one could interpret a triangle pattern (pink count): Waves A, B, C, D, E, which would then form our wave 4. In that case, we would expect bullish targets afterwards 🚀. We need to watch closely if the price reverses or breaks through our yellow Fibonacci zone 🟡. For now, we are primarily looking for upside potential 🔼. From our yellow wave 2, we saw a downward push, which could theoretically be our yellow wave 1 leading into yellow wave 2 and the yellow Fibonacci zone — essentially a five-wave move from wave 2 to wave 3.
OANDA:XAUUSDLong
by ElliotXSolana
EURUSD BUYThe US Dollar (USD) gapped lower at the weekly opening amid optimism fueling demand for high-yielding assets, following news that the United States (US) and the European Union (EU) reached a trade deal. The US and the EU agreed a 15% tariff on most European goods entering the US, much higher than the average 4.8% exporters face these days. No rates will apply to EU exports in important sectors, including aircraft parts, some chemicals, semiconductor equipment and some agricultural products. The EU response to the headline was uneven. European Central Bank (ECB) policymaker Peter Kazimir said on Monday that the trade deal reduces uncertainty, but it is unclear for now how it impacts inflation. However, the French prime minister, François Bayrou, said the EU has capitulated to Donald Trump’s threats, adding it is a “dark day” for the EU. The trade focus now shifts to the US-China as officials from both countries resume talks in Stockholm. The EUR/USD pair peaked at 1.1771 during Asian trading hours, but changed course early in Europe, with the USD surging across the FX board, resulting in the pair shedding over 100 pips. The macroeconomic calendar had nothing relevant to offer at the beginning of the week, but will be flooded with first-tier releases, including US employment-related data ahead of the Nonfarm Payrolls report on Friday, the preliminary estimates of the Q2 Gross Domestic Product (GDP) for the US and the EU, and inflation updates. On top of that, the Federal Reserve (Fed) will announce its decision on monetary policy on Wednesday. RESISTANCE 1.16050 RESISTANCE 1.16243 RESISTANCE 1.16451 SUPPORT 1.15856 SUPPORT 1.15711
Short
by Mark804
XRP: PullbackRipple’s XRP has once again seen a significant pullback since last Monday, raising the possibility that the high of turquoise wave B may already be in. For now, however, we continue to allow room for this corrective move to extend up to resistance at $4.09, before turquoise wave C drives the altcoin lower toward the magenta wave (2) low. With XRP still trading well above the $0.38 support level, the next upward impulse—magenta wave (3)—should then begin to take shape. Alternatively, there is a 33% chance that this bullish move has already started; however, this scenario would only be confirmed by a decisive break above the $4.09 level. 📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do (for more: look to the right).
KRAKEN:XRPUSDLong
by MarketIntel
INJ - Back Bullish!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈INJ has been overall bullish trading within the rising wedge pattern marked in blue. This week, INJ has been retesting the lower bound of the wedge. Moreover, the green zone is a strong demand. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower blue trendline and green demand. 📚 As per my trading style: As #INJ approaches the blue circle zone, I will be looking for trend-following bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
Long
by TheSignalyst
1
Analysis and strategy of gold market on July 28: Core influencing factors Risk aversion cools down: Despite frequent geopolitical risk events, market panic has not significantly increased, weakening gold safe-haven buying. US dollar strengthens: US economic data supports the continuous rise of the US dollar, and funds flow back to US dollar assets, suppressing the attractiveness of gold. ETF holdings outflow: Short-term risk appetite has rebounded, and gold ETFs have seen a slight outflow of funds, reflecting the cautious attitude of the market. Key events focus: US-EU and US-China trade negotiations: If progress is optimistic, gold prices may fall to the $3,300/ounce mark. Federal Reserve resolution: Pay attention to policy independence (affected by Trump's pressure) and interest rate guidance. Non-farm data: Released on Friday, if the employment data is strong, it may strengthen the US dollar to further suppress gold. Key technical points Weekly level: Watershed $3,325: If it is held, it will maintain high-level fluctuations, and if it is lost, it will open up downward space. Support area: If the daily support is broken, the weekly support may be tested (reference 3300-3310). Daily level: Key support: The current daily support is facing the risk of breaking down, and we need to be alert to the acceleration of short positions. 4-hour level: Resistance 3388 US dollars (middle track): Before the rebound is not broken, the short-term is short. Weak signal: The price continues to run below 3363, and the rebound is weak. Hourly chart: Strong and weak boundary 3363 US dollars: Maintain weakness before breaking, and avoid bottom-fishing against the trend in the negative market. Operation strategy suggestions Short-term direction: Short-selling on rebound is the main, supplemented by light-weight buying at key support levels. Short-term selling opportunities: Ideal entry: 3370-3375 area (below the 4-hour middle track), stop loss above 3380. Target: 3320-3310, if it breaks down, look at 3300. Opportunities to buy long orders in the short term: Participate cautiously: If the support of 3320-3310 stabilizes, combine the K-line signal to hold a light long position, and stop loss below 3300. Quick in and out: You can exit the market when it rebounds to 3340-3350. Risk warning: Before the Fed’s decision: Avoid heavy positions, and be wary of unexpected hawkish policies that cause volatility. Non-agricultural data: If the data exceeds expectations, it will be bearish for gold. Summary: Gold is short-term technically bearish, but be wary of event-driven reversals. Trading requires strict stop losses and flexible response to data and policy risks.
PYTH:XAUUSDShort
by Gold_Entry_Point
Analysis and strategy of gold market on July 28: Core influencing factors Risk aversion cools down: Despite frequent geopolitical risk events, market panic has not significantly increased, weakening gold safe-haven buying. US dollar strengthens: US economic data supports the continuous rise of the US dollar, and funds flow back to US dollar assets, suppressing the attractiveness of gold. ETF holdings outflow: Short-term risk appetite has rebounded, and gold ETFs have seen a slight outflow of funds, reflecting the cautious attitude of the market. Key events focus: US-EU and US-China trade negotiations: If progress is optimistic, gold prices may fall to the $3,300/ounce mark. Federal Reserve resolution: Pay attention to policy independence (affected by Trump's pressure) and interest rate guidance. Non-farm data: Released on Friday, if the employment data is strong, it may strengthen the US dollar to further suppress gold. Key technical points Weekly level: Watershed $3,325: If it is held, it will maintain high-level fluctuations, and if it is lost, it will open up downward space. Support area: If the daily support is broken, the weekly support may be tested (reference 3300-3310). Daily level: Key support: The current daily support is facing the risk of breaking down, and we need to be alert to the acceleration of short positions. 4-hour level: Resistance 3388 US dollars (middle track): Before the rebound is not broken, the short-term is short. Weak signal: The price continues to run below 3363, and the rebound is weak. Hourly chart: Strong and weak boundary 3363 US dollars: Maintain weakness before breaking, and avoid bottom-fishing against the trend in the negative market. Operation strategy suggestions Short-term direction: Short-selling on rebound is the main, supplemented by light-weight buying at key support levels. Short-term selling opportunities: Ideal entry: 3370-3375 area (below the 4-hour middle track), stop loss above 3380. Target: 3320-3310, if it breaks down, look at 3300. Opportunities to buy long orders in the short term: Participate cautiously: If the support of 3320-3310 stabilizes, combine the K-line signal to hold a light long position, and stop loss below 3300. Quick in and out: You can exit the market when it rebounds to 3340-3350. Risk warning: Before the Fed’s decision: Avoid heavy positions, and be wary of unexpected hawkish policies that cause volatility. Non-agricultural data: If the data exceeds expectations, it will be bearish for gold. Summary: Gold is short-term technically bearish, but be wary of event-driven reversals. Trading requires strict stop losses and flexible response to data and policy risks.
PYTH:XAUUSDShort
by Gold_Entry_Point
Bitcoin & Altcoins: Technical Analysis and Market OutlookBitcoin (BTC) Analysis Bitcoin is currently forming a short-term bullish pennant within a larger long-term pattern, projecting a potential target around $135K. Key Levels: BTC is consolidating between the lower zone at $117.3K and the upper zone at $119.7K. Breakout Potential: A break above this pattern could propel BTC toward a new all-time high (ATH), surpassing the current ATH at $123K. Macro Events This Week: Wednesday: The Federal Reserve will announce its interest rate decision, with no changes expected. Wednesday: ADP Employment Report, providing insights into potential future rate cuts. Friday: Non-Farm Payrolls (NFP) data release, which could further influence market sentiment. Ethereum (ETH) Breakout Ethereum has decisively broken through its 4-year historical resistance around $3,725, closing the week above this level. This breakout signals a strong bullish outlook for ETH, with potential for further upside. Altcoin Highlights BNB: Has shattered its previous all-time highs, showcasing significant bullish momentum. XRP: Reached approximately $3.64, reflecting strong gains and market interest. Market Context The crypto market is showing robust activity, with altcoins following Bitcoin and Ethereum's lead. Key macroeconomic events this week could introduce volatility, so traders should stay vigilant. Disclaimer: This is not financial advice. Every trader is responsible for their own strategy and risk management. Happy trading and good profits! 🚀
Long
by CRYPTONIA5
DXY at Its Most Critical Level of 2025 — Will the 100 Bank LevelThe Dollar Index (DXY), just like several other majors, is approaching a very important level. We’re now near the 100 mark, which is not only a psychological level — but also a key institutional (bank) level. There’s also a gap zone left behind that price is about to fill. I believe the index will stay in a range over the next 1–2 days as it waits for critical data later this week — especially Wednesday’s announcements and Friday’s NFP report, which could set the tone for what’s next. Based on current market sentiment, Trump’s remarks, Powell’s upcoming speech, and broader macro factors, I believe DXY has the potential to break above 100 and move toward 102–104, if that level is broken cleanly. Let’s also not forget — price bounced from a monthly demand block near 96, and we’re seeing weak support across majors like EUR and Gold. That adds confluence for potential dollar strength. 📌 What do you think — is dollar strength just around the corner? 🔁 This analysis will be updated whenever necessary. Disclaimer: This is not financial advice. Just my personal opinion.
TVC:DXY
by Mehrasfx