Hello, dear friends! Gary here. Today, XAUUSD continues to extend its strong upward momentum, currently trading around the 3,227 USD level. This precious metal is surging due to safe-haven flows amid growing concerns about a global recession. From a technical perspective, after close observation, we can see that price action is showing signs of repeating a familiar market structure. There’s a possibility of a short-term correction to build up more bullish momentum, especially after buyers pushed too far from the liquidity zone around 3,150 – 3,149. Meanwhile, the 34 and 89 EMA trendlines are both signaling strong support for the bulls, with no indication of a reversal so far. Therefore, pay close attention to the key resistance zone I’ve marked on the chart — this could be the breakout area that decides the next big move for this metal. If you find this information helpful, don’t forget to leave a comment and a like, let’s discuss it together!
? **Chart Summary: BTC/USD – 30-Minute Timeframe** This is a **short trade setup** on Bitcoin (BTC/USD), based on clear **price action and supply/resistance rejection**. --- ### ? **Key Zones Identified:** - **Support Zone (Bottom Purple Box):** - Marked by multiple previous touches and rejections. - Price has reacted to this area several times (highlighted with orange circles), confirming its significance. - **Resistance Zone (Upper Purple Box):** - Strong resistance formed from earlier highs. - Price rejected multiple times in this region before failing to break higher—indicating seller strength. --- ### ? **Trade Setup Details:** - **Entry:** 84,630 (within the resistance zone). - **Stop Loss (SL):** 85,900 (above resistance—logical SL to avoid false breakouts). - **Target:** 76,100 (aligned with previous support and price reaction zone). - **Risk-Reward Ratio:** High (approx. 1:5 or more depending on precise levels). --- ### ? **Price Structure Analysis:** - **L.S (Last Swing):** Indicates the last confirmed support level before the upward push. - **Price Action:** Strong bullish move into resistance, followed by consolidation and repeated failures to break higher. - **Break of Structure (BOS):** Not marked but implied—price failed to make a new high and formed a lower high, signaling potential reversal. --- ### ? **Bias: Bearish** The trade is based on: - Rejection from a strong resistance zone. - Lack of bullish momentum to break above. - High potential for price to revisit the lower support zone.
USD/JPY is retesting a major support zone around . Bullish Case: Bounce here keeps the uptrend intact. Bearish Case: Break lower opens the door to . Watch price action now – reaction at this level sets the next move. #USDJPY #Forex #Trading
Fundamentally we understand the selling pressures on USD and technically also had confirmation for that as well. now we are very oversold (and even before), and since we cannot know the exact lows, we should carefully implement BUY strategy that survives. this is an individual choice and strategy. Strategy BUY @ 99.20-99.60 and take profit near 101.57 for now.
EURUSD remains in a clear uptrend on the 2H timeframe after breaking out of the previous resistance zone. However, after touching the upward trendline, price faced slight rejection and now shows signs of a short-term technical correction. Technical Analysis: The price is moving within an ascending channel and recently touched the resistance area around 1.14500. Currently, a short-term corrective pattern is forming, which may lead to a retest of the support zone around 1.12831 (confluence with the EMA34 and previous demand area). If the 1.12831 support holds → a small inverse head-and-shoulders pattern may complete → triggering a bounce toward the next resistance around 1.15908. News Impact: Although this is a EURUSD chart, gold is also benefiting from news that President Trump announced new tariffs on China and other countries, fueling fears of a trade war. This puts pressure on the USD and supports alternative assets like gold and the euro.
Looking back at the trend of last Friday, gold showed a fluctuating upward trend driven by three consecutive big positive lines. Affected by the escalation of the tariff war, the bullish momentum is still strong. Every time the European and American markets fall back to around 3210, there is a support rebound. In the late trading, gold fell back to around 3220, showing that the market fluctuated greatly in the short term. The fluctuation range from Wednesday to Friday last week was close to 300 points, and the gold price has repeatedly refreshed its historical highs this year, which is in line with the characteristics of the bull market, and is supported by the global economic downturn and the rising demand for risk aversion. The expectation of the Fed's interest rate cut also provides support for the gold price. From the current market situation, the weekly line closed with a big positive line. In the short term, the bulls still dominate, but the possibility of a surge is not great, and the market may undergo some technical repairs. The daily chart shows three consecutive positive lines, but the early trading opened low and went low, and the price was still suppressed by the aforementioned suppression level. The current support level is still around 3210. If this point breaks, shorts may gradually form and the market sentiment will change. Therefore, today's strategy is still based on high-altitude, especially the two suppression levels of 3237 and 3245 are worth paying attention to. From the trend chart, the rebound high point of last Friday's late trading moved down, indicating that prices may continue to adjust in the short term, and technical repair is inevitable, but this will not happen quickly. Therefore, if market news cools down and technical repairs are made this week, gold prices may usher in a larger correction. Overall, 3237 and 3245 are still key short-selling points. If the price breaks through 3250, it may form greater downward pressure. Regarding silver, it is still in the low-level stabilization stage of the large cycle. There may be a repair rebound in the short term, but the overall trend is still biased downward. It is expected that the silver market will have a greater risk of correction this week, and it is not clear when it will fall. Gold operation strategy: The Asian session opened low and moved low, and long opportunities can be found at the support level near 3210, with the goal of repairing the gap. Early trading range: 3215-20 can be used as a buying range, and long positions can be appropriately intervened. Pay attention to the two suppression levels of 3237 and 3245 for short positions. When the rebound is strong, you can enter the short position at the right time. If the price reaches around 3250, you can consider long-term short positions, with a target of 50-80 points and a stop loss at 3263. In the short term, the gold market is volatile, and you need to flexibly adjust your strategy when operating, paying attention to the repair of the technical aspects and the performance of important support and suppression levels.
Bitcoin now is trying to break the April pivot ( which is easy IMO ) and as soon as pass that, it can get to 93k resistance
Eth has dropped two levels from the top of around 4k. We are due a bounce up to around 2000 to 2200 area and complete the final drop which will drop us to £800 area.
Look at how these candles are playing with the lows and the body levels both algorithmically. This is HTF bot work
Like Comment Follow comment a coin ill analyse Continuation of the last post dont get your hopes up the shows not over price at resistance broke the trendline retest no its continuing the bearish coninuation notice how it didnt break strucutre yet 25 march is the structural high if you swing