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Fibonacci Retracement

GOLD → Geopolitical risks are driving gold prices up. To ATH?FX:XAUUSD is updating its interim highs as it retests resistance at 3435 amid escalating tensions in the Middle East. Economic risks are on the rise... Gold rose 1.5% on Friday in Asian trading as investors sought refuge from escalating tensions between Israel and Iran. The price approached 7-week highs and could reach $3,500 if the conflict intensifies. The US and Israel have warned of serious consequences, while Iran has promised to respond. Geopolitics has overshadowed economic news, and markets are pricing in the possibility of a Fed rate cut in September. Technically, the price is emerging from a local consolidation and testing a fairly important resistance level, forming a false breakout and correction. But this does not mean that the price will fall... Resistance levels: 3425, 3435, 3461 Support levels: 3408, 3400, 3377 If gold consolidates above 3425 and continues to storm the resistance, growth may continue, and at the moment, there is a fairly high probability of a retest of the ATH. However, the ideal scenario would be a retest of the zone of interest 3408 - 3400 and the capture of liquidity before continuing growth. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
15
USD/CHF 4H Analysis – Bearish Continuation Setting Up?USD/CHF is currently forming a textbook symmetrical triangle consolidation pattern just below key EMAs (20, 50, and 200), signaling potential exhaustion in bullish momentum. Price is compressing against the upper boundary of the triangle, failing to sustain above the 0.382 Fib retracement level (0.82302), which is aligned with the 50 EMA – a known area of dynamic resistance. This consolidation follows a clear bearish leg from the swing high at 0.83472, which suggests this triangle is likely a continuation pattern. A clean break below the ascending trendline support would confirm bearish continuation, with a measured move target near the 0.81068 level, which aligns with the -0.27 Fib extension. 🔍 Key Technical Levels: Resistance: 0.82302 (0.382 Fib), 0.82525 (0.5 Fib), 0.82753 (0.618 Fib) Support: 0.82026 (0.236 Fib), 0.81579 (Swing Low), 0.81068 (Bearish Extension Target) 📌 Watch for: A decisive break and close below triangle support Volume spike or bearish engulfing candle for confirmation RSI is neutral but leaning slightly bearish; room for downside 🎯 Bearish Bias 📍 Tag: #USDCHF #ForexAnalysis #WrightWayInvestments
Short
by WrightWayInvestments
XAU/USD 1H – Clean Impulsive Setup UnfoldingGold has completed a clean Wave (2) correction, bottoming at $3,292.30, respecting both structural demand and fib confluence. Price is now showing early signs of Wave (3) development to the upside. 📌 Key Structure: Wave (1) High: $3,403.30 Wave (2) Low: $3,292.30 (confirmed higher low structure) Market is now consolidating slightly above the 0.5 fib level ($3,324.45), with bullish structure still intact. 📈 Technical Confluence: Price is holding the internal bullish trendline RSI is neutral but building potential upside momentum Price action is forming higher lows, indicating strength post-correction 🎯 Next Bullish Targets: $3,366.08 (0.236 fib level of Wave (2) correction) $3,403.30 (Wave (1) high retest) Final Wave (3) extension zone: $3,445 – $3,500 📉 Invalidation Level: A break and close below $3,292.30 would invalidate this Wave (2) bottom and open the door for a deeper correction. ✅ Bias: Bullish, as long as price holds above the 0.618 – 0.705 fib zone. A strong push from this area could confirm the next leg of Wave (3). @WrightWayInvestments @wrightwayinvestments @wrightwayinvestments
OANDA:XAUUSDLong
by WrightWayInvestments
GOLD → Strengthening and return to range. Focus on 3340FX:XAUUSD is forming a fairly strong support zone (a cascade within an upward line). The price is returning to the range, with bulls storming 3330-3340. Markets are awaiting US inflation data (CPI), which may affect expectations for a Fed rate cut in September (chances are about 52%). Optimism following progress in US-China trade talks is supporting sentiment, but uncertainty remains due to a court ruling allowing Trump to maintain tariffs. This is holding back the dollar and helping gold. CPI forecast: 0.2% growth, core inflation 0.3%. Lower inflation, on the other hand, will support expectations of lower rates and strengthen demand for gold as a safe-haven asset. Technically, gold is stuck between the boundaries of a symmetrical triangle. Overall, this situation is reflected in all markets. Consolidation is forming and the price could break out in either direction... Support levels: 3301, 3330, 3340 Resistance levels: 3349, 3361, 3375 Focus on the boundaries of the previous range - 3330 - 3340. If the bulls, after the assault, manage to hold their ground above this zone, the market may take the initiative due to support and continue its growth towards areas of interest. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
27
SOONUSDT → The coin that gets killed...BINANCE:SOONUSDT.P is under pressure. The coin looks extremely weak against the backdrop of a bullish market, with key support ahead, separating traders from the panic zone and a sharp decline This coin is being killed. The price is gradually consolidating and compressing before support - the trigger is 0.2332. Against the backdrop of the overall decline that the market has experienced after a slight impulse from 0.2332, shocks are forming with the aim of capturing liquidity (red check marks). This generally indicates that large players are gathering a bearish position. A breakout of the risk zone will trigger panic and distribution. Against the backdrop of growth in Bitcoin and the top 10 cryptocurrencies (bull market), the SOON coin is gradually declining and contracting towards key support, which could be broken accompanied by strong sell-offs. Resistance levels: 0.2478, 0.25777 Support levels: 0.2332 If the coin continues to contract towards the 0.2332 support and form a pre-breakdown consolidation, there will be little chance of survival. In the short and medium term, I expect prices to fall. Best regards, R. Linda!
BINANCE:SOONUSDT.PShort
by RLinda
5
AUDUSD → Correction after a false breakout before growthFX:XAUUSD continues to rise amid uncertainty surrounding the dollar, which continues to consolidate. The currency pair is preparing to test resistance at 0.6537 The dollar is stuck in place due to market uncertainty. At the same time, the Australian dollar is strengthening and is ready to test the liquidity zone Within the current trend, the currency pair is heading towards resistance and the liquidity zone. We opened far away, and as we move towards the target, the potential for further growth may end. A false breakout of 0.6537 could trigger a correction Resistance levels: 0.6537 Support levels: 0.6509, 0.6479 A sharp move towards resistance without the possibility of further growth could cause a false breakout of 0.6537. Price consolidation below this level could trigger a correction before growth. Best regards, R. Linda!
Long
by RLinda
6
ETHEREUM → Consolidation amid a bull marketBINANCE:ETHUSD is consolidating in the range of 2400-2750, and locally, the coin looks quite promising even against the backdrop of Bitcoin forming a correction... ETH is forming a strong consolidation within which it confirms a bullish market structure. After a false breakout of resistance, there is no sharp decline and the price returns to retest resistance. If the bulls hold their defense above 2530-2550, then in the short and medium term, ETH may demonstrate growth towards the intermediate target. Resistance levels: 2738, 2855 Support levels: 2525, 2470, 2400 A retest of support at 2525 - 2470 is possible, and if the price holds above this support zone, ETH may try to surprise us. There are good chances for growth. Best regards, R. Linda!
Long
by RLinda
5
GBPUSD → Countertrend retest of support before growthFX:GBPUSD is forming a countertrend correction to the zone of interest and liquidity while the dollar is stagnating. The market is waiting for a fundamental driver. Within the uptrend, a countertrend correction is forming towards the liquidity zone at 1.342. Against this backdrop, the dollar is correcting and contracting towards support. The currency pair's price continues to decline, but within the uptrend, breaking the local structure but not the market character. The focus is on the current trading range of 1.342 - 1.359. A retest of support could bring the price back to resistance. Support levels: 1.3421, 1.339 Resistance levels: 1.3507, 1.3593 A quick retest of the liquidity zone at 1.3421, the inability of GBPUSD to continue falling, a false breakdown, and the price consolidating above 1.3421 would be a good indication that buyers are trying to hold the market. In this case, we could see the price strengthen. Best regards, R. Linda!
Long
by RLinda
1
GOLD → Hunt for liquidity ahead of continued correctionFX:XAUUSD is strengthening due to uncertainty while the dollar consolidates. Amid heightened volatility, a retest of the 3340 liquidity zone may form, and if buyers fail to keep the price above this zone, gold may form a correction Demand for the dollar is supported by the rise in USD/JPY after soft comments on interest rates by Bank of Japan Governor Ueda. Gold is responding with a correction. Traders remain cautious ahead of the outcome of the second day of trade talks between the US and China in London. Donald Trump confirmed that dialogue with Beijing is continuing, but key differences remain. Investors are also awaiting US inflation data (CPI), which could determine the further dynamics of the dollar and gold. Meanwhile, inflation expectations in the US fell from 3.6% to 3.2% in May. Technically, gold broke the structure and confirmed key resistance during the correction. A hunt for liquidity is possible before the decline continues towards the key target of 3275. Resistance levels: 3340, 3361 Support levels: 3301, 3275 The price is forming a new trading range of 3340 - 3301 (3294). Before declining, especially if the fundamental background changes to positive as negotiations progress, gold may test the liquidity zone of 3340 and form a false breakout, which will trigger a continuation of the correction to 3275. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
15
GOLD → Correction before a decline or continuation of the trend?FX:XAUUSD is testing the liquidity zone during the Asian session and forming a false breakout. The metal is recovering, but the fundamental background remains unstable... On Monday, gold is holding steady at around $3,300 amid a weaker dollar and caution among traders ahead of US-China talks and the release of US inflation data (CPI) on Wednesday. Strong NFP data for May strengthened the dollar and lowered expectations for a Fed rate cut. However, domestic problems in the US are putting pressure on the currency... Markets are adjusting positions ahead of CPI. Geopolitics and domestic unrest in the US are holding back gold's decline, despite possible optimism about a trade deal. Technically, the trend is bullish, with the price previously breaking the structure but rising in the Asian session after a false breakdown of the order block and the 3300 liquidity zone. Further movement depends on 3330 - 3340 Resistance levels: 33301, 3339, 3375 Support levels: 3301, 3275 The price is heading towards 3330-3340 for a retest. If the dollar continues to decline and gold manages to consolidate above 3340, the bullish trend may continue. BUT! A false breakout of the 3330-3340 zone could trigger a further decline after the bullish structure breaks down. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
11
GOLD → Correction to 3275FX:XAUUSD and medium-term outlook: Friday's strong unemployment data strengthened the dollar and triggered a sell-off in gold. Money is temporarily flowing out of the metal and into currencies and the stock market... Technically, gold is still in a bullish phase on the global timeframe. Logically, the situation is more reminiscent of a countertrend correction of the zone of interest before continuing growth. Despite the rise in the DXY after Friday's news, the dollar is still under pressure from Trump, who is pushing for an early interest rate cut. This move could significantly shake the market (dollar down, gold up) Locally, on the hourly XAUUSD timeframe, we can clearly see how the price is breaking out of the uptrend, thereby triggering a downward impulse. Resistance levels: 3325, 3343 Support levels: 3303, 3275 The liquidity level of 3300 could act as a magnet for the price, from which a correction to the resistance of the range of 3325 could form (liquidity hunt), but due to the change in the fundamental background, gold may continue its correction to 3275 (support zone) before a possible continuation of growth. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
15
Gold ShortThis week's focus is on Gold going short (despite it being bullish Globally). Fundamental pressure + technicals point towards it going further down. We might see gold touching 3300-3303 zone, a short bounce back from here to the 3325 zone, before it delves deep down towards the important zone at 3275. All zones confluence with fibonacci as well as shown. Once this correction is completed, it can resume its global bull run. Important levels to watch out for Support: 3300-3303, 3275 Resistance: 3325, 3342-45 Happy trading!
EIGHTCAP:XAUUSDShort
by rajasherbazkhan
HYPE Precision Trading — Pattern, Patience, ProfitHYPE has shown strong performance since early April, maintaining a clear uptrend. Currently, the market is consolidating in a range between $30 and $40 and it’s setting up for something interesting. Let’s break it down and map the next high-probability trade setup. Potential Gartley Harmonic Pattern Forming A valid Gartley pattern may be developing, with point D potentially forming around the $29 level. This zone offers solid confluence for a high-probability long setup. 🟢 Long Setup – Gartley Harmonic Pattern Completion at around $29 Confluences around $29–$28.3: 0.786 Fib retracement of XA Trend-based Fib Extension 1:1 Negative -0.618 Fib as take-profit level for prior short Anchored VWAP (0.666 band multiplier) acting as dynamic support 200/233 EMA/SMA support on the 4H TF FVG + liquidity pool resting just below $30 Setup Details: Entry Zone: Trend-based Fib Extension 1:1 or laddered between $30–$28.3 Stop Loss: Below $27.5 (adjust depending on where point D forms) Target: 0.618 of CD leg ≈ $34.4 R:R ≈ 1:3.5 🔴 Short Setup – look for rejection at $36 0.618 Fib retracement from previous move (ideal short entry) Invalidation: Break above $38.2 (above point C) Take Profit: $30-$29 R:R ≈ 1:3 🧠 Educational Insight: Harmonic patterns offer precise entries and targets by aligning Fibonacci levels with market structure. When combined with tools like Anchored VWAP and liquidity analysis, they become powerful tools for swing trading. Summary: HYPE continues to respect structure beautifully, offering repeated swing setups in the 10%–20% range. With clear fib symmetry and predictable behaviour, it remains one of the more technically sound altcoins. Stay patient. Wait for the pattern to complete. As always — don’t chase. Let the trade come to you. _________________________________ If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know.
Long
by SiDec
3
BITCOIN → Correction. The hunt for liquidity...BINANCE:BTCUSDT.P is recovering after liquidity was captured in the 100K zone. Locally, the technical situation is controversial despite the global bullish trend Bitcoin is changing its market character (106700) and breaking the bullish structure (103000) during a correction phase. As part of the downward momentum, the movement is testing liquidity below the 100700 support level. As for the liquidation, there are several reasons: the conflict between Trump and Musk, strangely enough, the market reacted with a fall; the liquidation of whales, history repeats itself... Traders are buying back Bitcoin, but technically the market has a bearish structure. Locally, there is a bearish trend, and a countertrend correction, “liquidity hunting,” is forming. Ahead lies a fairly important zone of 105900-106700. The initial retest may end in a false breakout, as there may not be enough potential for continued growth (after a strong buyback). Resistance levels: 105,900, 106,720, 110,400 Support levels: 103000, 101400, 100K After a correction from 105900, which could target half (0.5) of the trading range, the market may attempt to return to a bullish phase, provided that the bulls keep the price from falling and do not allow it to update local lows. That is, in the short term, I expect a decline from 105900 to 103000, but further, if the price starts to return to 105500-105900, there may be chances for growth to 110K Best regards, R. Linda!
Long
by RLinda
37
Detailed analysis of the BTC/USD 4H chart🔍1. Chart Context Interval: 4 hours (H4) Current price: Around 104,950 – 105,400 USD Range of recent candles: Strong rebound after a decline to around 101,000 USD. Lower indicator: Stochastic RSI 📊2. Price Action Analysis Market structure Main trend (recent days): Downtrend – from the peaks of ~114,000 USD a clear sequence of lower highs and lower lows. Recent hours: Dynamic decline, followed by a quick, strong rebound from around 101,000 USD to ~105,000 USD. Key technical levels ✅Resistance: ~105,500–106,000 USD – local peak of the last rebound wave and earlier lows from the end of May. ~108,000 USD – next key level, with a bigger upward movement. Support: ~102,000–101,000 USD – bottom of the last movement, quick demand reaction, so-called “stop run” or false breakout. ~99,000 USD – psychological zone and important level in case of further declines. 📊3. Indicators Stochastic RSI (bottom of the chart) Currently: Stochastic RSI strongly overbought (above 80 points), both lines (blue and orange) are at the top and slightly curling. Conclusion: Possible short-term correction/slowdown in growth. Overbought Stochastic RSI often precedes pullbacks, especially when testing important resistances. 🧠4. Possible scenarios Bulls – Upside scenario: If BTC breaks above $105,500 with momentum, a move to $106,000–108,000 is possible (another resistance and short squeeze). The key will be the closing of the 4h candle above $105,500. Bears – Downside scenario: If the price does not break $105,500, profit taking and a pullback to $103,000–102,000 are possible. Strong defense of the $101,000–102,000 level by the bulls – if it is broken again, it threatens to deepen the declines even to $99,000. 📊5. Additional Notes Reduced Volatility: After such a strong bounce, there is often a period of “calmness” and consolidation. Potential Traps: False breakouts for 4h and sudden changes in direction (characteristic of the crypto market). 📌6. Warning Signals Stochastic RSI overbought – suggests to be cautious with long positions “on the top” without additional confirmation. Lack of continuation after a strong bounce – if the price does not “reach” higher in the next candles, the risk of a correction increases. 🧠Summary: Currently: BTC/USD in a short-term bounce phase after a strong decline. The price is approaching a significant resistance (~105,500 USD). Stochastic RSI shows overbought – possible correction or sideways movement. Direction for the next few hours: Reactions at USD 105,500 (resistance) and ~USD 102,000 (support) will be key.
INDEX:BTCUSD
by cryptodailyuk
GOLD → Intra-range strategy. Waiting for NFPFX:XAUUSD remains consolidated in the 3340-3391 range. The price is stuck in the middle of the range due to the uncertainty created by upcoming unemployment news... On Friday, gold rose slightly, remaining within the range ahead of important US employment data (NFP), which could set the direction for the market. Optimism over the US-China deal and profit-taking on the dollar are supporting the USD, holding back gold's rise. A weak NFP (less than 100,000) will reinforce expectations of a Fed rate cut and support gold. A strong report (above 200,000) will have the opposite effect. The probability of a rate cut in September is 54%. Technically, on the daily timeframe, the market structure is bullish. After a sharp breakout of resistance and a new high, the price is consolidating above the upward trend line, forming a plateau in the 3300-3340 zone. Another shakeout from support is possible before the trend resumes Resistance levels: 3375, 3391, 3414 Support levels: 3339, 3331 Forming a price forecast ahead of news, especially ahead of NFP, is a thankless task. Therefore, it is advisable to wait for the news and monitor the price reaction. A retest of the consolidation boundary and a rebound are possible. There is a chance that the price will remain in consolidation until next week, but again, it all depends on the fundamental background... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
9
USDCAD → One step away from distributionFX:USDCAD is recovering amid the dollar's growth. Unemployment news is ahead. A return of the price to the buying zone may support the currency pair. Against the backdrop of the dollar's growth, a change in the market phase is forming (unconfirmed). The price has stopped updating lows and is forming an eql, from which it is breaking out of the downtrend. The initial retest of liquidity at 1.366 may end in a correction. However, a quick retest and consolidation of the price above the level will confirm the change in sentiment Resistance levels: 1.3686, 1.3732 Support levels: 1.3675, 1.366 Despite the fact that the price broke the downward resistance, the currency pair is still under pressure from sellers who are waiting for the price to fall from 1.3686. A breakout, a change in market sentiment to bullish, and consolidation above 1.3675-1.3686 will confirm readiness for a recovery. Zones of interest: eqh 1.3732 Best regards, R. Linda!
Long
by RLinda
6
BTC/USDT.P Rejection Confirmed? Eyeing Breakdown Toward 50% FibBitcoin just lost two critical levels in rapid succession: 1️⃣ Value Area High ($106,331) 2️⃣ Previous Monthly High ($105,000) We’re now closing candles back inside prior structure, showing signs of weakness and potential distribution at the highs. 📉 The Bearish Setup Price is hovering above the 0.236 retracement. A break and daily close below this level could complete what looks to be the right shoulder of a developing head and shoulders pattern. The distance from head to neckline lines up with a projected move down toward the 50% Fibonacci level ($91,500) — which also aligns closely with the POC ($96,888) as an intermediate stop. 🎯 Targets: • Neckline/Break Level: $102,800 • Mid-Target (POC): $96,888 • Main Target (0.5 Fib): $91,500 • Confluence zone lower: 0.618 to 0.68 (watch for reversals) 🧠 Context Notes: • The current 2-leg rejection (~8% each) gives symmetry to the pattern • High volume nodes around POC could act as reaction areas • This short setup remains valid while price is closing below ~105k and failing to reclaim VAH If this structure plays out, it’s a classic example of a failed breakout turning into a strong breakdown — the kind of move that catches late bulls off guard.
Short
by turnandshoot
2
GBPUSD 4H MAJOR REVERSAL SETUP – WATCH FOR THE BREAK!Hey There; The Head & Shoulders (H&S) pattern in GBPUSD is becoming more defined, approaching a critical neckline level. If a breakout occurs, it could trigger a strong downward move, pushing the price toward new support levels. Right now, sellers are gaining strength while buyers attempt to defend key support zones. A confirmed close below the neckline could accelerate the sell-off. 📌 If the breakout happens, I’ll share target levels with you—stay tuned for updates I meticulously prepare these analyses for you, and I sincerely appreciate your support through likes. Every like from you is my biggest motivation to continue sharing my analyses. I’m truly grateful for each of you—love to all my followers💙💙💙
by TraderTilki
4
GOLD → Retesting resistance may lead to a breakoutFX:XAUUSD is still bullish. The price is consolidating in the range of 3390-3345, with an intermediate bottom forming inside the channel, which overall indicates positive signs. On Thursday, gold is consolidating ahead of $3390. Consolidation after growth, within a bullish trend, is a good sign. But, on the one hand, the price is supported by growing tensions between Russia and Ukraine. On the other hand, optimism about US trade negotiations with Canada, the EU, and China is strengthening the dollar and holding back demand for gold. Additional pressure on the dollar is coming from weak US macro statistics, especially ADP data and the decline in the ISM Services PMI, which have reinforced expectations of Fed policy easing. Traders are waiting for further signals from the regulator. Resistance levels: 3391.4, 3414, 3435 Support levels: 3365, 3345 Technically, gold is rising and forming a retest of consolidation resistance. If the 3391 level is broken, the price may head towards 3435. Before breaking through resistance, a correction or retest of 3365 may form. However, consolidation near 3391 and a gradual squeeze towards the level will increase the chances of a breakout and growth. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
13