GOLD (XAUUSD): Support & Resistance Analysis
Here is my latest structure analysis and important
supports and resistances on Gold.
Resistance 1: 2916 - 2932 area
Resistance 2: 2952 - 2956 area
Resistance 3: 2998 - 3002 area
Support 1: 2832 - 2853 area
Support 2: 2772 - 2786 area
Support 3: 2714 - 2740 area
It looks like we are going to see a test of the current all-time high soon.
Remember that its breakout will push the prices much higher.
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GOLD Range Bound Between 2918 and 2906 Ahead of BreakoutGOLD Analysis | March 4, 2025
Gold reached the resistance at 2918 and is now expected to move between 2918 and 2906 until a breakout occurs.
📉 Bearish Scenario: While below 2918, the price is likely to test 2906. A 4H or 1H candle close below 2906 could trigger a strong bearish continuation toward 2895 and 2880.
📈 Bullish Scenario: If the price closes a 4H or 1H candle above 2918, this could lead to a move toward 2934, followed by 2954.
Key Levels:
🔸 Resistance Levels: 2934, 2945, 2954
🔹 Pivot Point: 2918
🔻 Support Levels: 2906, 2895, 2880
📉 Directional Bias: Bearish below 2918, bullish above 2918.
Hidden Value is on The Rise in Equity MarketsI've written quite a bit that stock picking is back. That active management of undiscovered names can finally lead to alpha again. I think we are seeing that take place with the recent performance of value stocks compared to the leading indexes.
While the Nasdaq has dropped nearly 2% this year at its worst during the most recent drawdown, the Vanguard Value ETF (VTV) is up 5%. This seems rather fascinating and I don't remember when a basket of good ol fashioned value stocks were outperforming the index like this.
It's been a long time!
Buffett’s wisdom holds strong: “Price is what you pay. Value is what you get.” With tax cuts and a business-friendly environment ahead, could value stocks finally go on the offensive?
History favors those who buy durable businesses at reasonable prices. The market wobbles, but for patient investors, cash flow remains king and this is true across all sectors and industries. Perhaps most fascinating is that there are indeed even tech names that fit this value narrative as many have been obliterated recently.
Keep your eyes open!
I'll be watching closely.
Lingrid | BTCUSDT bullish PATTERN and Long PotentialBINANCE:BTCUSDT market dipped below the December and January lows, but after taking liquidity in that area, it a bounced off creating fake breakout of the consolidation zone. On the weekly timeframe, the price action has created a significant long-tailed bar formation, indicating potential bullish continuation in near future. Additionally, the price has formed a triangle pattern and subsequently broke below it. Historically, after a breakout below a triangle, the price tends to dip approximately 15-20% before rebounding and reaching new highs. Therefore I think that the price will consolidate around the 90,000 level before moving higher toward the all-time high. My goal is resistance zone at 100,000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
DOGE: Is the bottom in?This weekend looks like the crypto God candle weekend for the majors. Doge is also looking strong, but chance of it being part of the US strategic reserve is slim to none. But, when tide is rising, it doesn't matter. Right now, the challenge in front of doge is to get out of the downward channel, and fast. The price action has two bullish scenarios left. Depending on how strong the momentum gets, one or the other should come to pass.
1. Ending diagonal (pink): The price action for both intermediate 1 and Minor 1 can be counted as 3 waves zigzag or five waves and be valid. This is something that EW sometimes cannot paint a clean picture until a lot of time passes. But as traders, we need to just figure out the next move and be prepared. In case doge is playing out an ending diagonal pattern, then we should see 3 waves moves to the upside. And since, it is an expanding diagonal, we should see wave 5 is larger than wave 3. So, as a normal range of 1 to 1.236 extension, price should top out between $1.1 to $1.6. The confirmation will be a sharp decline from the top.
2. Wave 3 of 3 of 5 (blue): probability of this should be greater with a strong momentum to the upside. We should see price rocket out of the channel and get to all time high before a meaningful pullback. Price should break through $1 milestone and go higher without stopping for a breather as we have seen in the previous rocket moves. Target will be $6-$10 and level of insanity will be at its peak!
How to trade between the two scenarios: The difference of targets between the two scenarios is massive. We don't want to take a risk of losing all the gains in matter of days, nor do we want to stay on the sidelines when price makes 6x gains in matter of weeks. So, to stay safe, it is important to take some profit between 1 - 1.236 fib extension (at least 25% - 30%) and put a stop loss at $0.48 for the rest. There could be other higher areas to put the stop loss to phase out with more gains, but $0.48, which is the top of minor wave 1, and breaking that will be the confirmation of the top. If price doesn't make it to that level and goes back up to make strong highs, then buy back in at the breakout (this would be one of the scenarios where we can buy a breakout) to jump back on the ship and ride the lightning.
Bear case: There is always the other side of the coin. If price fails to break above $0.28 and the channel, then chances are, the downtrend will continue. It can keep going down to find support at the trend lines. If the trend lines break, then chance of primary wave 4 still in play goes higher. Target can be anything till $0,018. Hope that is not the case...
Gold Trade Plan 03/03/2025Dear Traders,
according my last analysis price hit 2830 Area ,
Now 2870-2877 working as a Resistance, if price Break That Area , i expect price will be Hit 2940
otherwise , free fall to 2800-2770
Important Note : Weekly Candle ( Engulf) ,,,at least 50% we will have Correction (Normally)
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza
SOLVUSDT → Retest of resistance in a bearish trendBINANCE:SOLVUSDT is strengthening within a neutral range, which is formed amid a downtrend. Cryptocurrency market quickly sells off potential after Sunday's news
Bitcoin is back to the selling zone, under the 90K area. A subsequent decline in the flagship could negatively impact the entire market.
SOLV is forming a range of 0.044 - 0.0292. The price is strengthening and tends to the zone of interest and liquidity. Against the background of key preconditions (downtrend, weak market, absence of driver, falling bitcoin) we can assume that the coin has no potential for further growth and the current maneuver may end up with a false break of resistance followed by a fall.
Resistance levels: 0.0436, 0.0439, 0.0494
Support levels: 0.0369, 0.0345
From the opening of the session, the daily ATR will be exhausted by the time resistance is reached, thus there will be no potential for resistance breakout. High probability of a bounce from 0.0436-0.0439 with the purpose of further fall to the key zones of interest located below.
Regards R. Linda!
Major Levels – Is Sonic Ready to Pump?After reaching the daily resistance level ($0.7818), price faced strong rejection. The anchored VWAP, acting as dynamic resistance just below the daily level, provided additional confluence for a low-risk short opportunity.
Additionally, a key high at $0.7891 further reinforced this resistance zone. Following the rejection, price sharply declined -13%, retracing back into the previous trading range.
Support Confluence
Price is now approaching a well-defined support zone:
Bullish Order Block: $0.6816
Key Level Near Order Block: $0.6803
Golden Pocket (Fib 0.618 - 0.65): 0.618 at $0.6793 & 0.65 at $0.6739
Monthly Open: $0.6732
Point of Control (POC): $0.6732 (aligning with Monthly Open)
Daily 21 EMA/SMA: 21 EMA at $0.6835 & 21 SMA at $0.6790
Fib Speed Fan 0.7 (from $0.615 to $0.7818): Providing additional support in this zone
Long Trade Setup
Entry Zone: $0.6816 – $0.6732
Stop Loss: Below the Monthly Open ($0.6732)
Take Profit Zone: $0.7111 – $0.7201
Risk-to-Reward (R:R): 3:1 R:R setup, offering a high-probability trade
Take Profit Targets & Resistance Zones
Previous Swing Low: $0.7111 (untested)
Value Area Low (VAL): $0.7152
Anchored VWAP (from $0.615 low): $0.7137
Fib Retracement 0.382 (from $0.7818 high to current low): $0.7201
Market Analysis: Gold Price Corrects GainsMarket Analysis: Gold Price Corrects Gains
Gold price rallied above $2,920 before correcting lower.
Important Takeaways for Gold Price Analysis Today
- Gold price rallied significantly above $2,900 and recently corrected lower against the US Dollar.
- A key bearish trend line is forming with resistance at $2,870 on the hourly chart of gold at FXOpen.
Gold Price Technical Analysis
On the hourly chart of Gold at FXOpen, the price was able to climb above the $2,900 resistance, as mentioned in the previous analysis. The price even broke the $2,940 level before the bears appeared.
The price traded close to the $2,960 zone before there was a downside correction. There was a move below the $2,900 pivot zone. The price settled below the 50-hour simple moving average and RSI dipped below 50. Finally, it tested the $2,830 zone.
The price is now correcting losses above the 23.6% Fib retracement level of the downward move from the $2,956 swing high to the $2,832 low. Immediate resistance on the upside is near the 50-hour simple moving average and $2,870.
There is also a key bearish trend line forming with resistance at $2,870. The next major resistance is near the 50% Fib retracement level of the downward move from the $2,956 swing high to the $2,832 low at $2,895.
An upside break above the $2,895 resistance could send Gold price toward $2,928. Any more gains may perhaps set the pace for an increase toward the $2,950 level. If there is no fresh increase, the price could continue to move down.
Initial support on the downside is near the $2,852 level. The first major support is $2,832. If there is a downside break below the $2,832 support, the price might decline further. In the stated case, the price might drop toward the $2,810 support.
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SOLUSDT Long by TeamPWRTradesHi Traders,
SOL Long Idea
Based on recently volume and liquidity zones our team has entered a long positions SOL. Targets are 160-175. Stoploss below daily low.
Recommended risk 1-1.5% of portfolio.
Entry 1: 136.50
Entry 2: 133
TP 1: 160
TP 2: 175
SL: 132
Happy Trading,
TeamPWR
Potential bullish bounce?GBP/USD is falling towards the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 1.2681
Why we like it:
There is a pullback support level.
Stop loss: 1.2603
Why we like it:
There is a pullback support level.
Take profit: 1.2778
Why we like it:
There is a pullback resistance level that line sup with the 138.2% Fibonacci extension.
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Hellena | GOLD (4H): LONG to resistance area 2955 (Wave 3).Dear Colleagues, after Trump's statements and the general political situation, the price went sharply into a downward movement, but this does not mean that I give up the upward movement.
At the moment I think that wave “2” is completing the correction and soon we will see the long-awaited upward movement.
I think that the price can still update the minimum of wave “2” in the area of 2833, then (or immediately) will start an upward movement in wave “3” at least to the area of the maximum of 2955 of wave “1”.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
GBPUSD H4 | Bearish BreakoutBased on the H4 chart analysis, we can see that the price is falling toward our sell entry at 1.2682.
A bearish breakout from this level could drop toward our take profit at 1.2620, a pullback support that aligns with the 61.8% Fibo retracement.
The stop loss will be placed at 1.2740, above a swing-high resistance.
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Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
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Bears in Control – Is This the Start of a Major Market Crash?The BTC chart shows a clear break in market structure where the bullish trend was invalidated after failing to maintain higher highs. The red zone represents a key support level that previously held price multiple times, showing strong buying interest. However, once this level was decisively broken to the downside, the market structure shifted bearish, confirming that sellers are in control.
When price returned to this zone, it retested the broken support and rejected sharply, flipping the area into a resistance zone. This rejection further validated the bearish sentiment and set the stage for a continuation to the downside.
Order Flow and Liquidity Grab
The current price action suggests that the market is targeting liquidity pools resting below the previous lows. The black line on the chart marks a key swing low, where liquidity is likely building up from stop-loss orders of retail traders. The market tends to gravitate towards these liquidity zones before reversing or continuing its trend.
The sharp rejection from the resistance level signals that the market is still heavily bearish and hunting for sell-side liquidity.
Fair Value Gap (FVG) and Retracement Zone
The green zone highlights a fair value gap (FVG) – an imbalance in price action where the market moved rapidly without leaving sufficient trading activity. These gaps often act as magnets, drawing price back to fill the imbalance before continuing in the original direction.
A retracement into this zone would not only fill the imbalance but also allow the market to mitigate unfilled orders left behind by institutions. This would create an ideal area for short re-entries before the next leg lower.
Fundamental Influence
Despite the recent bullish news event, which temporarily pushed the price higher, the impact lasted only a few hours. This indicates that the news failed to shift the overall market sentiment, and the bears quickly regained control. The market's reaction highlights the underlying weakness in bullish momentum.
Additionally, the recent tariff announcements by Donald Trump have created a more bearish macroeconomic environment, adding extra selling pressure. Increased tariffs could negatively impact global market sentiment, which aligns with the technical bearish outlook.
Trade Plan and Confirmation
The most likely scenario would be a retracement into the FVG zone (green area), followed by bearish price action confirmation (such as a bearish engulfing candle or lower timeframe structure break).
Key confirmation points:
Price taps into the green zone without breaking above it.
Bearish candle patterns or lower timeframe structure shifts.
Volume increase during rejection.
Target Areas
The primary target for this trade setup would be the liquidity pool resting below the black line. This level represents a clear liquidity grab zone, where the market could look to sweep lows before any potential reversal.
Invalidation Level
The trade idea would be invalidated if price breaks above the red resistance zone with strong momentum, signaling a possible shift back to bullish market structure.
Conclusion
This trade setup combines technical analysis with fundamental factors, creating a confluence-based bearish outlook. The rejection from the resistance zone, the presence of an FVG imbalance, and the overall bearish macro sentiment support the continuation of the downtrend. Waiting for price to fill the imbalance before entering could provide a high-probability entry for a short position targeting the liquidity grab at the lows.
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XRP - Strong Support Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈XRP has been in a correction phase trading within the falling orange channel and it is currently retesting the lower bound of it.
Moreover, the green zone is a strong structure and round number $2.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower orange trendline acting as a non-horizontal support.
📚 As per my trading style:
As #XRP approaches the blue circle, I will be looking for 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!
~Rich