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Beyond Technical Analysis

Gold Price Analysis: Short-Term Pullback Before Resuming Uptrendhello guys. let's analyze gold Resistance and Pullback: The price recently tested a resistance zone around $2,900, which could indicate exhaustion in the current uptrend. The immediate pullback from this level suggests that buyers are taking profits, and the market may temporarily retreat. Support Zone: The blue support zone (ranging from $2,820 to $2,840) is crucial. This area aligns with the rising trendline, and it is expected to provide support. If the price reaches this region, it could trigger another round of buying, pushing gold higher once again. Next Move: If gold prices successfully hold above the support zone, we might see a continuation of the uptrend toward the upper boundary of the channel, potentially targeting $2,950 to $3,000 in the coming weeks. However, if the support fails, a deeper pullback could test the next key levels below $2,800 before the market can resume its upward trajectory. Conclusion: The pullback from the $2,900 resistance zone suggests a likely short-term correction. Gold prices are expected to test the blue support zone around $2,820 before potentially resuming the bullish trend toward higher levels.
OANDA:XAUUSDShort
by melikatrader94
23
ID: 2025 - 0062.28.2025 Trade #6 of 2025 executed. So simple, yet far from easy... Trade entry at 168 DTE (days to expiration). Trade construct is a PDS (put debit spread) at Delta 15 combined with a PCS (put credit spread) at Delta 15. Overlapping short strikes give it the "unbalanced" butterfly nomenclature. Sizing and strike selection is designed to keep the risk/reward "AT EXPIRATION" to a 1:1 risk profile. This lets charm work it's magic (second order greek), while exploiting the fact that this is a non-directional bias. The process is a disciplined and systematic approach letting time decay evaporate the extrinsic time value from the short options until target profit is achieved. IF target profit is not captured after 60 DIT (days in trade), then target is reduced by 50% for the next 30 days. Happy Trading! -kevin
CME_MINI:ES1!
by Kevins
Ethereum Breakdown in Progress – Will the Next Support Hold?Ethereum (ETH) is currently breaking below the ascending trendline, signaling a potential further downside. The price is testing the first blue support zone, and if this level fails to hold, ETH is likely to drop towards the next major support area around $1,400. Key Levels to Watch: 🔹 First blue area (~$2,100–$2,300): ETH is currently breaking below this zone. If confirmed, the downtrend will likely accelerate. 🔹 Next blue area (~$1,350–$1,450): If the first support breaks, ETH could decline further to this key historical level. Bearish Confirmation: Trendline Breakdown: ETH has already fallen below the long-term ascending trendline, indicating a shift in structure. Break & Retest: A failed recovery above $2,300 would confirm a further downside. Traders should watch for a weekly close below $2,100 to confirm the breakdown. If buyers step in and reclaim $2,300, a relief bounce could occur.
Short
by melikatrader94
3
ID: 2025 - 0031.27.2025 3rd trade of 2025 executed. Trade entry at 144 DTE (days to expiration). Trade construct is a PDS (put debit spread) at Delta 15 combined with a PCS (put credit spread) at Delta 15. Overlapping short strikes give it the "unbalanced" butterfly nomenclature. Sizing and strike selection is designed to keep the risk/reward "AT EXPIRATION" to a 1:1 risk profile. This lets charm work it's magic (second order greek), while exploiting the fact that this is a non-directional bias. The process is a disciplined and systematic approach letting time decay evaporate the extrinsic time value from the short options until target profit is achieved. IF target profit is not captured after 60 DIT (days in trade), then target is reduced by 50% for the next 30 days. Happy Trading! -kevin
CME_MINI:ES1!
by Kevins
ID: 2025 - 0021.13.2025 2nd trade of 2025 executed today. Trade entry at 158 DTE (days to expiration). Trade construct is a PDS (put debit spread) at Delta 25 combined with a PCS (put credit spread) at Delta 13. Sizing and strike selection is designed to keep the risk/reward "AT EXPIRATION" to a 1:1 risk profile. This lets charm work it's magic (second order greek), while exploiting the fact that this is a non-directional bias. The process is a disciplined and systematic approach letting time decay evaporate the extrinsic time value from the short options until target profit is achieved. IF target profit is not captured after 60 DIT (days in trade), then target is reduced by 50% for the next 30 days. Happy Trading! -kevin
CME_MINI:ES1!
by Kevins
Gold’s Glimmering Pullback: A Strategic PauseIn recent weeks, gold (XAU/USD) has experienced a notable pullback from its record highs, influenced by a combination of technical indicators and fundamental factors. The emergence of a Shooting Star candlestick pattern at the peak suggests potential short-term bearish momentum, while overbought conditions indicated by the Relative Strength Index (RSI) further support the likelihood of a temporary correction. Fundamentally, the Federal Reserve’s recent rate cuts and escalating geopolitical tensions, particularly in the Middle East, have intensified gold’s rally. However, positive economic data has led to speculation that the Fed may slow the pace of rate cuts, contributing to the recent price decline. Despite this pullback, the long-term outlook for gold remains bullish, with analysts viewing the current dip as a strategic opportunity for investors to enter the market at more favorable levels. FUSIONMARKETS:XAUUSD
FUSIONMARKETS:XAUUSD
by KeN-WeNzEl
Bitcoin Finds Strong Support – Is a Reversal on the Horizon?hello guys Bitcoin recently completed a crown pattern, a bearish reversal formation that signaled a downward move. As expected, BTC followed the pattern structure and reached its target. Currently, the price has touched two critical technical levels: ✔ The balance line – A key horizontal support zone ✔ The ascending trendline – Acting as dynamic support from previous lows This confluence of support suggests that BTC might be at a potential reversal zone. However, while the conditions seem favorable for an upward movement, we need additional confirmation. Possible bullish signals to watch for include: A strong bullish candlestick pattern (e.g., engulfing, pin bar) Increased buying volume A break above the nearest resistance level If BTC maintains this support, we could see a recovery towards $90K+ levels in the short term. Otherwise, a breakdown below the trendline may trigger further downside.
by melikatrader94
2
Dogecoin (DOGE) Analysis: Double Top Signals Bearish Movehello guys! Double Top Formation: The chart clearly shows a double-top pattern, which is a strong bearish reversal signal. The break below the neckline confirms the downtrend continuation. Bearish Divergence on RSI: The RSI showed divergence, meaning the price made a higher high, but the RSI made a lower high. This signals weakening momentum and a likely correction. Support Levels (S1 & S2): S1 (around $0.22) might provide temporary relief, but the main target is lower. S2 ($0.176 - $0.18) aligns with the double top target, making it a critical support zone. Potential Price Scenarios: If DOGE fails to hold at S1, the price may drop to S2, completing the pattern. A strong rebound from S2 could trigger a bullish recovery. Conclusion: The double top breakdown suggests further downside toward $0.176 - $0.18, which could act as a strong support level. Until a clear reversal signal appears, the bearish trend remains dominant. Traders should watch these levels closely! 🚨📉
Short
by melikatrader94
11
[ TimeLine ] Gold 27-28 February 2025Hello everyone, I will be using the high and low price levels formed on the following dates as entry points for my trades: February 27, 2025 and/or February 27 + 28, 2025 We will wait for the price range from these candles to form as indicated with blue box. The trade entry will be triggered if the price breaks out of this range, with an additional buffer of 60 pips. If the price moves against the initial position and hits the stop loss (SL), we will cut or switch the trade accordingly.
OANDA:XAUUSD
by lybeedo
Capturing Market Moves with the Special Candle SetupOverview The Special Candle Setup Indicator has once again proven its effectiveness in detecting high-probability candlestick formations. In this chart, a bearish pattern was identified at the top, providing an early indication of a potential downside move. This setup allowed traders to position themselves accordingly, capturing the downward trend efficiently. How It Worked Here 🔹 Precise Bearish Signal – The indicator detected a bearish pattern at a key resistance level, signaling a potential reversal. 🔹 Well-Defined Key Levels – The automatically plotted blue support line and green resistance line provided crucial reference points for trade management. 🔹 Trend Continuation Confirmation – The setup was followed by further bearish price action, validating the accuracy of the signal. Key Takeaways ✅ Early Signal Accuracy – The indicator highlighted the reversal before the major drop, reinforcing its reliability. ✅ Multi-Market Application – These candlestick formations are not limited to expiry days; they are observed across crypto, forex, stocks, and indices. ✅ Customizable for Different Strategies – Users can enable or disable specific pattern types (bullish/bearish or reversal setups) based on their trading style. Why This Matters? Price action remains one of the most powerful trading tools, and this indicator helps traders automate pattern detection while integrating dynamic support and resistance levels for added confluence.
Long
by TradeTechanalysis