Gold holds Bearish Structure- SELLGold: Price is Exhibiting Head & Shoulders Strcure on 4H & 1 H chart. 4 H chart is Bearish, Daily chart is Neutral to bearish. Price is under the IChimuku Cloud in 4 H.
Daily chart is forming a death cross (20 SMA cutting 50 SMA) which might be completed in 1 day or Two.
Currently Gold is trying to recover losses and on retracement journey. I am expecting Price to test the 3347-3354 Zone of resistance where 4H 200+100 SMA + TL resistances+ Structure resistance will likely to Push price back to 3320 & 3300 Support Zone.
If price breaks the 3300 level. Then this daily candle break may take price to 3280 Support Level.
Good Luck
Futures market
XAUUSD Outlook – July 29, 2025
Gold enters a high-risk environment starting today.
All eyes are on Jerome Powell's speech, which will signal whether the Fed remains firm on its hawkish stance or adopts a more dovish tone.
📈 That said, a broader look at the chart suggests the market has already aligned itself with the dominant trend.
🗓️ In addition to today’s speech, tariff-related news expected on Friday doesn’t seem likely to disrupt the ongoing bullish momentum in gold — or in crypto markets, for that matter.
🧠 That’s the general market read I'm sensing right now, but we’ll have to see how it unfolds.
🎯 Personally, I still view the $3290 level as a solid buy zone, with the potential to become one of gold’s historical bottoms.
Wedge Pattern — A Key to Trend Movements📐 Wedge Pattern — A Key to Trend Movements 📈
🔍 Introduction
The Wedge is a chart pattern that represents a phase of directional consolidation following a trending move. It can act as a continuation 🔄 or a reversal 🔃 signal, depending on the context. The structure consists of two converging trendlines, both sloping in the same direction.
🧩 Pattern Description
Unlike the Flag pattern 🚩, the Wedge has no flagpole and doesn’t depend on the direction of the previous move. The direction of the wedge body determines its type:
A falling wedge ⬇️ is bullish 🟢 (buy signal)
A rising wedge ⬆️ is bearish 🔴 (sell signal)
The breakout is the key point to watch. The two trendlines slope in the same direction but at different angles, causing them to converge. This reflects a loss of momentum ⚠️ and typically indicates that buyers or sellers are preparing to take control.
This pattern can act as:
A continuation signal 🧭 — appearing at the end of a correction
A reversal signal 🔄 — forming at the end of a strong trend
📉 Volume is usually low during the wedge and rises on breakout. A low-volume breakout increases the risk of a false breakout ❗. Often, price retests the breakout level 🔁, giving traders a second chance to enter.
🎯 Entry & Stop-Loss Strategy
📥 Entry: On breakout confirmation
🛑 Stop-loss: Below the pattern’s low (bullish) or above its high (bearish), or under/above the most recent local swing point
🎯 Target: Project the height of the widest part of the wedge from the breakout point. Alternatively, use key price levels 📊 or a trailing stop 🔂 to lock in profits.
💡 My Pro Tips for Trading the Wedge
✅ Pattern Criteria
Two converging trendlines ➡️➕➡️
Clearly defined structure ✏️
Prior trending move before the wedge 🚀
Low volume within the wedge 📉, high volume on breakout 📈
Retest of breakout level = confirmation 🔁
🔥 Factors That Strengthen the Signal
Breakout on strong volume 📊💥
Appears after an extended trend 🧭📉📈
More touches = stronger pattern ✍️
Breakout occurs close to the apex 🎯
⚠️ Factors That Weaken the Signal
Low volume on breakout 😐
Poorly defined trendlines 🫥
Few touches on lines
Early breakout (too far from apex) ⏱️
No prior trend / appears in a range-bound market 📏
✅ Examples of My Successful Wedge Trades
📸
❌Examples of Failed Wedge Overview
💥
💬 Do you use the wedge pattern in your trading?
It’s a powerful pattern, especially when confirmed by volume and market structure. Share your favorite wedge setups or ask questions below 👇👇
Is the market panicking over FOMC today?⭐️GOLDEN INFORMATION:
Gold (XAU/USD) fluctuates within a narrow range during the Asian session on Wednesday, showing only modest gains and losses as traders tread carefully ahead of the Federal Reserve’s policy announcement. The metal’s recent rebound from the $3,300 area faces hesitation, with investors awaiting clearer signals on the Fed’s rate-cut trajectory before committing to new positions. As such, attention remains firmly on the outcome of the two-day FOMC meeting, set to be released later today.
In the meantime, pre-Fed uncertainty is lending some support to the safe-haven appeal of gold. Additionally, a slight pullback in the U.S. Dollar—after hitting its highest level since June 23 on Tuesday—is providing a mild lift to the metal. However, expectations that the Fed will maintain elevated interest rates for an extended period are limiting the dollar’s decline and capping upside potential for the non-yielding yellow metal. Adding to the cautious mood, recent optimism on global trade also tempers bullish momentum in XAU/USD.
⭐️Personal comments NOVA:
slight recovery, not big before FOMC news. Gold price will still be under selling pressure when interest rate stays at 3300
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3373- 3375 SL 3380
TP1: $3360
TP2: $3344
TP3: $3330
🔥BUY GOLD zone: $3283-$3281 SL $3276
TP1: $3295
TP2: $3307
TP3: $3320
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
XAU/USD 30 July 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
You will note that price has targeted weak internal high on three separate occasions which has now formed a triple top, this is a bearish reversal pattern and proving this zone is a strong supply level. This is in-line with HTF bearish pullback phase.
Remainder of analysis and bias remains the same as analysis dated 23 April 2025.
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4: Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
H4 Timeframe - Price has failed to target weak internal high, therefore, it would not be unrealistic if price printed a bearish iBOS.
The remainder of my analysis shall remain the same as analysis dated 13 June 2025, apart from target price.
As per my analysis dated 22 May 2025 whereby I mentioned price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe despite internal structure being bearish.
Price has printed a bullish iBOS followed by a bearish CHoCH, which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor, with respect to depth of pullback.
Intraday Expectation:
Price to continue bearish, react at either M15 supply zone, or discount of 50% internal EQ before targeting weak internal high priced at 3,451.375.
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
GOLD: Bearish Continuation & Short Trade
GOLD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GOLD
Entry - 3331.7
Stop - 3334.0
Take - 3327.0
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
GOLD Breakout Done , Long Setup Valid To With Great ProfitHere is My 15 Mins Gold Chart , and here is my opinion , we finally above 3321.00 and we have a 15 Mins Candle closure above this strong res , so I'm waiting the price to go back and retest this res and new support and give me a good bullish price action to can enter a buy trade , and if we have a 4H Closure Above This res this will increase the reasons for buyers , just wait the price to back a little to retest it and then we can buy it . if we have a daily closure below it this idea will not be valid anymore .
Gold Analysis and Trading Strategy | July 30✅ Fundamental Analysis
🔹 Short-Term Decline in Safe-Haven Demand:
Recent developments, including the U.S.-EU tariff agreement and the resumption of U.S.-China trade talks, have temporarily eased market tensions, weakening gold's appeal as a safe-haven asset.
🔹 Dollar Rebound Pressures Gold:
The U.S. Dollar Index rebounded sharply after a second bottoming attempt, breaking above the key 98.10 resistance level. This strengthened pressure on gold and limited its upward potential.
🔹 FOMC Rate Decision in Focus:
The Federal Reserve will announce its interest rate decision today. The market’s focus is on whether a signal for a potential rate cut in September will be delivered.
If the statement is hawkish, downplaying the chances of a rate cut, the dollar may strengthen further, possibly pushing gold to test support near $3300.
If the Fed adopts a dovish tone or hints at a September rate cut, it may trigger a breakout above the $3350 resistance level.
🔹 Key U.S. Economic Data Ahead:
Today also brings the release of ADP employment data and the Q2 GDP revision.
If GDP growth exceeds expectations (>2.0%), it may strengthen the case for prolonged higher interest rates, which would be bearish for gold.
If data disappoints, it could reinforce dovish expectations and support a rebound in gold prices.
✅ Technical Analysis
🔸 Gold continues to fluctuate within the $3333–$3320 range, reflecting a market in wait-and-see mode ahead of the Fed decision.
🔸 Short-term price action still favors the bearish side, but strong support below and persistent geopolitical risks are offering some downside protection for gold.
🔴 Resistance Levels: 3355 / 3375 / 3380
🟢 Support Levels: 3310 / 3300 / 3280
✅ Trading Strategy Reference:
🔰 If the price rebounds to the 3355–3365 zone, consider light short positions
⛔Stop-loss: Above 3380
🎯 Target: Around 3320
🔰 If the price pulls back and stabilizes around 3310–3300, consider short-term long positions
⛔ Stop-loss: Below 3285
🎯 Target: 3340
🔰 If the price breaks below 3300, bearish momentum may extend toward 3280
🔰 If the price breaks above 3355, the bearish structure will likely fail, and gold may resume its upward trend
✅ With the market entering a high-impact news period at month-end, volatility is expected to increase significantly. Traders should set stop-losses strictly and manage position sizes carefully to mitigate the risks of sudden market moves.
Gold Holds Trendline Amid Rising MomentumFenzoFx—Gold remains above the ascending trendline, trading around $3,386.0. Technical indicators like RSI 14 and Stochastic show rising momentum, reinforcing the bullish bias.
Immediate support lies at $3,347.0. If this holds, XAU/USD may climb toward the monthly VWAP at $3,412.0.
The bullish outlook is invalidated if Gold closes below $3,347.0, which opens the door for further downside toward the next support at $3,307.7.
Gold Next Move Possible Hello Traders, Today I’m back with another idea.
As you know gold has changed the trend from bullish to the bearish.
The gold has fallen from the area 3438 to 3351. Now the current price is 3358.
I’m looking for the sell zone, In my view gold will drop till 3310.
I’m monitoring the sell zone 3364-3371, when the market touches the zone, I will add sell and my target will be 3310. Keep in bear my first target is 3351, second target is 3337 and the last target is 3310.
In the case if price breaks the 3377 area then we will have to wait until confirmation for another setup.
Stay Tune for every update.
Kindly share your ideas and leave positive comments. Thanks Everybody.
GOLD (XAUUSD) Analysis : Major Break + Bullish Setup + Target🟩 Today’s GOLD Analysis based on Volume Behavior, Smart Money Traps & Market Structure (MMC)
🔍 Chart Breakdown and MMC Concepts Explained:
1. Preceding Downtrend – Smart Money Trap Initiated
The chart begins with an extended downtrend, marking significant bearish pressure. However, deeper into the move, we notice price entering a Volume Absorption (VA) Zone — a key MMC signal where institutional orders quietly absorb aggressive retail selling.
This Volume Absorption Zone is highlighted on the left of the chart.
Smart money quietly positions longs here while inducing panic-selling from retail traders.
Wicks and indecision candles show early signs of sell exhaustion.
2. QFL Breakdown & Liquidity Sweep
The breakdown from the QFL (Quick Flip Level) is another hallmark of MMC behavior. The market intentionally breaks previous lows to trigger stop-loss clusters — known as a liquidity sweep or stop-hunt.
Price aggressively drops to a well-marked demand zone.
Massive bullish reaction from this zone confirms that smart money has completed accumulation.
The QFL move is not a true breakout, but a trap, designed to mislead retail into chasing shorts.
3. Demand Zone Reaction – Shift in Momentum
Price finds support at the demand zone (highlighted in green) and starts forming higher lows. This transition from lower lows to higher lows is a structural confirmation of market reversal.
Buyers have regained control.
Large bullish candles and wick rejections at key levels signal institutional entry.
4. SR Interchange Zone – Key MMC Confirmation
One of the most important zones on this chart is the SR Interchange area.
This level was previously resistance and is now acting as support — a concept known as support-resistance flip.
MMC teaches us that this is where smart money re-tests the breakout zone to trap late sellers and confirm the trend.
This zone is reinforced by:
Previous rejections
Retest with wicks
Alignment with ascending trendline support
5. Minor & Major Resistance Levels
Currently, price is attempting to break above a minor resistance at ~$3,330–3,332.
If it breaks, the next major target lies at the ~$3,340–3,345 level, marked on the chart.
This zone is crucial for short-term targets and may act as a profit-taking zone for early bulls.
Once this major resistance is cleared, the trendline projection suggests a continuation toward higher highs.
📐 Trendline Analysis
An ascending trendline is supporting price action. Each bounce off this line has led to higher lows — a clear sign of bullish intent.
Trendline + SR Interchange = Confluence zone
Traders should watch for bullish engulfing candles or strong wick rejections at this trendline area for re-entry or add-ons.
🧠 MMC Strategy Interpretation (Mirror Market Concepts)
This chart perfectly follows the MMC logic:
Trap retail sellers during the downtrend.
Absorb their volume at a key zone (Volume Absorp).
Sweep liquidity below QFL level.
Reverse structure with a shift to higher highs and higher lows.
Interchange SR zone to test buyers' strength.
Continue trend post-confirmation with breakout above resistance.
This is the classic "trap-to-trend" sequence smart money uses repeatedly in gold and other volatile markets.
✅ Trade Setup Summary:
Bias: Strongly Bullish (based on market structure shift)
Entry #1: Pullback into SR Interchange (ideal if price rejects 3,326–3,328)
Entry #2: Break and retest of Minor Resistance (3,332–3,334)
Targets:
TP1: 3,340 (Major Resistance)
TP2: 3,345–3,350 (Projection based on breakout path)
Invalidation: Clean break below trendline and demand zone (~3,318)
🧭 Final Words for Traders:
Gold is currently positioned at a critical junction where structure, volume, and institutional behavior all align. If you're following MMC strategies, this is a textbook scenario:
Trap ✅
Absorption ✅
Structure Shift ✅
Trendline Support ✅
SR Interchange ✅
Now, we wait for confirmation and execute with discipline.
Lingrid | GOLD shorting Opportunity at Confluence ZoneThe price perfectly fulfilled my previous idea . OANDA:XAUUSD broke down sharply after forming a local top at the 3433 resistance zone, with clear bearish momentum dominating recent candles. Price is now consolidating below the broken trendline and previous structure at 3349, setting up for a possible retest and rejection. If price confirms rejection under this resistance, continuation toward the 3288 support area becomes highly likely. A lower high formation below the blue upward trendline would validate the bearish thesis.
📉 Key Levels
Sell trigger: Rejection near 3349–3350
Sell zone: 3345–3355
Target: 3288
Invalidation: Break above 3355 and trendline recovery
💡 Risks
Sudden bullish breakout could reclaim upward trendline
Support near 3288 may create a rebound
Thin liquidity could exaggerate short-term wicks
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
With the Fed's tariff decision approaching, can gold see a turnaWith the Fed's tariff decision approaching, can gold see a turnaround?
Gold Outlook: The Current Bull-Bear Game Amid Three Major Storms
Key Event Drivers
Countdown to US-China Tariff Exemptions (August 1): The negotiation deadlock is difficult to break, but an "extension" could be a temporary respite for both sides. Be wary of Trump-style abrupt shifts that could impact market sentiment.
Federal Reserve Interest Rate Decision (Thursday): A consensus is for holding steady, but if Powell unleashes a hawkish outlook on expectations management, gold could face further pressure—the market currently has little illusion of a dovish Fed.
Non-Farm Payroll Data (Friday): ADP provides a preliminary analysis. If the job market remains hot, the 3,300 mark will face a severe test.
Key Technical Dividing Points
Bull resistance: 3280 (July double bottom neckline) + 3300 (psychological barrier); a break opens up downside potential.
Bear support: 3345 (price point) + 3336 (5-day moving average); a breakout will alleviate the downward trend.
Current scenario: After Monday's breakout above 3320, which induced buying, the market has shifted into a "short on rebound" mode. However, be wary of the Fed's "selling expectations, buying facts" strategy—if gold prices remain above 3300 after the decision, short-covering could be triggered.
Trading Strategy
Keynote: Focus on long positions, bottom fishing requires stringent conditions.
Aggressive short positions: Open a position near 3345, stop-loss at 3355, target 3320 (profit-loss ratio 1:2.5)
Long position on the left: Only try long positions with a small amount after stabilization in the 3280-3300 range, with a strict stop-loss below 3275.
"Gold is currently walking a tightrope, with the Federal Reserve's hawkish stance on one side and the lifeline of geopolitical risks on the other. Before the data dust settles, any chasing orders is a gamble—either wait for a breakout above 3345 and a strong rally, or wait for a long lower shadow at 3280 after a panic sell-off. Otherwise, hold onto the high side and participate in the market."
Hellena | Oil (4H): SHORT to support area of 65.944.Colleagues, I previously recommended moving trades to break-even, and for good reason. It is always necessary to hedge and reduce losses—this is part of professional work.
(Breakeven=Risk Free: Move Stop loss to the entry level).
The price has nevertheless shown a stronger correction, and I now believe that the medium-term “ABC” waves have not yet formed, nor has the large “Y” wave.
This means that I expect the completion of wave “B” and then a continuation of the downward movement in wave “C.”
I consider the support area of 65.944 to be the minimum target.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Gold Market Builds Momentum Toward 3358 Supply ZoneGold market continues to build momentum gradually, with price action targeting supply mitigation at 3358.
The duration of this stance depends on whether price can clear this zone decisively; failure may lead to short-term consolidation before the next stance.comment ,boost idea and follow for more informed decisions on gold market
Gold Eyes Breakout From 3-Month Consolidation After reaching its record high of 3500 in April 2025, Gold entered a contracting consolidation phase for more than 3 months now, bounded between the 3500 resistance and 3100 support. This structure sets the stage for a breakout, with price action tracing five waves—raising the probability of another leg higher.
• Bullish Scenario: A close above the 3450 level could open the door to 3780 and even 4000, aligning with the broader monthly cup-and-handle formation target.
• Bearish Scenario: A close below 3300 could expose the market to downside risks, with potential retracements to 3280, 3250, 3200, and 3130.
Written by Razan Hilal, CMT
WTI Crude Eyes Bullish Momentum Above $68.9FenzoFx—WTI Crude Oil broke resistance at $68.9 in the last session, now trading near $70.6. This breakout supports a bullish shift.
Yet, RSI 14 and Stochastic indicate overbought conditions, suggesting possible consolidation. Support at $68.9 could offer a discounted entry if prices retreat.
Watch for bullish signs like candlestick formations and inverted FVG around the $68.9 support.
WTI Crude Oil Breaks Out of Symmetrical Triangle, $73-$76 ZoneThe WTI Crude Oil chart shows a strong breakout from the symmetrical triangle pattern that was forming for several weeks. Price has decisively broken above the descending resistance trendline and is now testing the $70–$71 area, which aligns with the 0.382 Fibonacci retracement level (around $70.27) and an important horizontal resistance ($71.03). This breakout indicates strong bullish momentum, supported by the recent series of higher lows and a sharp upward move in recent sessions.
If price sustains above $69.05 (previous breakout zone), we could see a bullish continuation towards $73.40 (0.118 Fibonacci) and potentially to $76.00–$76.50, which is the upper resistance block marked on the chart. However, if the price fails to hold above $69.00, there could be a pullback to retest the broken triangle resistance around $67–$68 before any next bullish leg.
Weekly Chart
The weekly chart of WTI Crude Oil is showing a long-term downtrend channel, where price has been consistently making lower highs and lower lows since mid-2023. Currently, oil is trading around $69.96, showing a sharp bullish push of 6.13% for the week. However, the price is still inside the broader descending channel, which keeps the long-term trend bearish unless a confirmed breakout occurs.
Key Resistance Levels:
- $70.27, $71.03, $73.43
Support Levels:
- $69.05 (previous breakout zone)
- $67.00–$68.00 (triangle retest area)
Trend Outlook:
- Short-Term: Bullish momentum; pullbacks likely to hold above $69.05.
- Medium-Term: If $71.85 breaks, price may target $76.00–$76.50 resistance.
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
Will Gold Break Higher or Resume the Downtrend?Gold has been trading within a defined rising channel pattern, forming a short-term consolidation phase after a significant bearish leg. The current setup presents a critical inflection zone where Gold (XAUUSD) could either break out above the resistance trendline and major resistance zones or retrace and resume the prior downtrend.
Traders and investors should pay close attention to the price behavior around these key levels for possible high-probability trading opportunities.
📊 Technical Breakdown
1. Rising Channel Pattern
Gold has been bouncing between a support trend line and a resistance trend line, forming a rising channel. This indicates a controlled upward movement or short-term relief within a broader downtrend.
Support Trendline: Has been respected multiple times and offers a key reference point for bullish continuation.
Resistance Trendline: Acting as a cap on the short-term rallies.
This pattern represents a state of consolidation and indecision, often preceding a strong breakout in either direction.
2. Major Resistance Zone Ahead
The region around $3,345–$3,355 is stacked with:
Previous supply zones.
Confluence of the channel resistance and historical price rejection.
Psychological level near $3,350.
This zone is the make-or-break point for bulls. A successful breakout above this resistance could open the doors for a strong bullish continuation targeting levels such as:
$3,370
$3,390
$3,400+
But without a convincing close above this zone, bullish attempts may get rejected, resulting in a pullback or even breakdown.
3. Immediate Support Zone
On the downside, $3,320–$3,325 is a key short-term support level:
Aligned with the lower boundary of the channel.
Previous breakout retest zone.
Demand area observed in past bounces.
If this zone fails to hold, Gold could witness a strong decline, with potential targets at:
$3,310
$3,290
$3,275
🧠 Two Scenarios for Traders
✅ Bullish Breakout Scenario:
Trigger: Price breaks above $3,355 and sustains.
Retest Opportunity: If price comes back to test the breakout zone with a bullish engulfing candle or pin bar, it can serve as confirmation.
Target Zones: $3,370 / $3,390 / $3,400+
Stop Loss: Below the breakout point or recent higher low inside the channel (~$3,320)
❌ Bearish Breakdown Scenario:
Trigger: Breakdown of the support trendline and close below $3,320.
Confirmation: A bearish retest or continuation candle adds strength to the setup.
Target Zones: $3,310 / $3,290 / $3,275
Stop Loss: Above $3,335 (recent high)
📝 Final Thoughts
The XAUUSD 1H chart is setting up for a volatile move as price action coils between strong support and resistance. The rising channel within the larger downtrend makes this an ideal setup for both breakout traders and trend followers.
For bullish traders, the best entry lies above the resistance trendline, ideally after a retest. For bearish traders, a breakdown below the support line confirms downside momentum continuation.
In either direction, a clear break from this consolidation channel is likely to deliver a fast, directional move. Patience is key—wait for a clean breakout or breakdown before entering large positions.
=================================================================
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
=================================================================