GOLD recovers to $3,371, biggest data day of the weekOANDA:XAUUSD maintained its intraday recovery trend and the current gold price is around 3,371 USD/ounce, retesting the initial target increase sent to readers in the weekly publication. In this trading day, investors will focus on the US non-farm payroll data, which is expected to trigger major market movements.
Today (Friday), the US Bureau of Labor Statistics will release the highly anticipated non-farm payroll data for May. The market expects 130,000 new jobs and the unemployment rate to remain unchanged at 4.2%.
On Wednesday, the ADP jobs report, also known as the “mini-non-farm,” showed the smallest number of jobs created by the U.S. private sector in two years. The report could be a precursor to a negative non-farm payrolls report.
Payroll processor ADP reported on Wednesday that private sector payrolls increased by just 37,000 in May, down from a revised 60,000 in April and below the Dow Jones forecast of 110,000. It was the smallest monthly job gain since March 2023, according to ADP.
The U.S. Department of Labor reported on Thursday that initial jobless claims unexpectedly rose last week as concerns about the labor market mounted. The data showed initial jobless claims hit 247,000 in the week ended May 31, up 8,000 from the previous week and above the 236,000 expected in a Dow Jones survey.
If non-farm payrolls data released today is much worse than expected, it could weigh on the U.S. dollar and send gold prices soaring.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, after making a fresh weekly high and correcting lower yesterday, gold has recovered to reach its initial target at $3,371, the price point of the 0.236% Fibonacci retracement.
Following the uptrend, gold is likely to head towards the full price point of $3,400 in the short term, rather than $3,435.
Currently, the technical structure has not changed much with the uptrend completely dominating the technical chart. And the notable price points will also be listed as follows.
Support: 3,350 – 3,326 – 3,300USD
Resistance: 3,400 – 3,435USD
SELL XAUUSD PRICE 3412 - 3410⚡️
↠↠ Stop Loss 3416
→Take Profit 1 3404
↨
→Take Profit 2 3398
BUY XAUUSD PRICE 3301 - 3303⚡️
↠↠ Stop Loss 3297
→Take Profit 1 3309
↨
→Take Profit 2 3315
Signals
DXY POTENTIAL LONG|
✅DXY will soon retest a key support level of 98.000
So I think that the index will make a rebound
And go up to retest the supply level above at 99.088
LONG🚀
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SILVER MASSIVE BULLISH BREAKOUT|LONG|
✅SILVER is trading in an uptrend
And the price made a massive
Bullish breakout of the key horizontal
Level of 34.80$ and the breakout
Is confirmed which reinforces
Our bullish bias and we will
Be expecting a further
Bullish move up
LONG🚀
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GOLD Long From Rising Support! Buy!
Hello,Traders!
GOLD is trading in an
Uptrend and the price is
Making a local pullback
But as we are bullish
Biased we will be expecting
A rebound from the rising
Support line and a move up
Buy!
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AUD_JPY LOCAL SHORT|
✅The retest of the strong resistance level of 93.874 on AUD_JPY pair
Has happened after trading in a local uptrend from some time
Which makes price decrease a likely scenario
With the target being a local support below at 93.300
SHORT🔥
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AUD-USD Short From Resistance! Sell!
Hello,Traders!
AUD-USD went up and hit
A horizontal resistance level
Of 0.6541 and as the level
Is strong we will be expecting
A local pullback and a
Bearish correction
Sell!
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ETH/USDTStrong Accumulation can be seen on #ETH, BlackRock buying more than usual, as well as bigger wallets and whales are accumulating heavily in the last two weeks. Something is loading for ETH and I think our decision to swap all of our XRP into ETH will play out big. In the meantime. Since taking full profit on XRP, its down 7% since then, meanwhile our ETH position is at 6% in profit. This is the beginning
DXY: Local Bearish Bias! Short!
My dear friends,
Today we will analyse DXY together☺️
The market is at an inflection zone and price has now reached an area around 98.335 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 98.090..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
GOLD: Absolute Price Collapse Ahead! Short!
My dear friends,
Today we will analyse GOLD together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 3,348.94 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 3,329.82..Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
EURUSD: Will Go Up! Long!
My dear friends,
Today we will analyse EURUSD together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 1.14403 will confirm the new direction upwards with the target being the next key level of 1.14764 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
SILVER: The Market Is Looking Up! Long!
My dear friends,
Today we will analyse SILVER together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 35.467 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
Lingrid | EURCAD long OPPORTUNITY in Consolidation ZoneFX:EURCAD has formed a double bottom at the intersection of the support level and upward trendline after a steep correction from the 1.57201 high. The price is consolidating just above 1.56000, showing signs of reversal as it tries to reclaim the bullish structure. A confirmed breakout above minor resistance may open a path toward the 1.56760 level.
📈 Key Levels
Buy zone: 1.55800–1.56050
Buy trigger: close above 1.56200
Target: 1.56760
Sell trigger: drop below 1.55800
💡 Risks
Failure to hold above the upward trendline could invite bearish continuation
Extended rejection from the swap zone limits upward momentum
Lower highs forming may signal weakening bullish strength
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
FETUSD is an excellent buy, targeting at least $3.75Artificial Superintelligence Alliance (FETUSD) or otherwise known as FETCH.AI has been trading within a multi-year Channel Up and right now is on its latest Bullish Leg and quite possibly the last for this Cycle.
Given that all similar Bullish Legs that started with 1W MACD Bullish Crosses that low, grew by at least +1012%, we expect a minimum Target for this Cycle at $3.75. If it follows the more aggressive +2041% rise of 2023/ 2024, we can even see $7.00 but that is the more optimistic scenario.
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ETHUSDETH is showing signs of a potential resistance retest, echoing previous price behavior. On the 4H chart, historical data suggests ETH typically revisits resistance zones within 6–9 days (±). The pair has been ranging between support and resistance, and a strong bullish hammer has just formed — signaling a potential shift in momentum.
📍 Entry: Market (Instant)
🛑 Stop Loss: 2312
🎯 Take Profit: 2913 (1:1 Risk-Reward)
📊 Plan: Trade aligned with historical timing and price structure. Entering on bullish confirmation.
⚠️ Note: Manage risk accordingly — structure looks promising, but always respect your stop.
BITCOIN under brutal 4H squeeze. Buyers or sellers will prevail?Bitcoin (BTCUSD) is currently under the strongest squeeze we've seen this year as it's being compressed between the 4H MA50 (blue trend-line) and 4H MA200 (orange trend-line). Such tight price action usual precedes explosive moves.
Technically two patterns prevail: a long-term Channel Up and a short-term Head and Shoulders (H&S). Naturally, as long as the Channel Up holds (and is still valid), the pattern will attempt to push the price to he 2.0 Fibonacci extension at $121500 (and higher). If on the other hand it breaks (4H MA200 would be an early signal), the H&S may push the price to the -1.0 Fibonacci extension at $95000.
So what do you think? Which pattern will prevail? Feel free to let us know in the comments section below!
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Weak bearish contextMorning folks,
Not many changes since our last discussion. Yes BTC moved slightly lower, as we suggested, but you can see by yourself - action is very slow and lazy. Usually when bears control the market, action has to be stronger.
It means that overall context remains bearish but it is weak and not very attractive for trading, although it is not forbidden of course. We consider upside breakout of 107-108K area as a vital moment for this context. While downside target is around 97-98K.
USOIL Will Grow! Buy!
Take a look at our analysis for USOIL.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 62.890.
Taking into consideration the structure & trend analysis, I believe that the market will reach 68.865 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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USDJPY Will Go Lower From Resistance! Sell!
Please, check our technical outlook for USDJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 143.365.
Considering the today's price action, probabilities will be high to see a movement to 142.144.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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USDCHF Will Go Higher! Long!
Here is our detailed technical review for USDCHF.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.819.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.831 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPJPY Will Go Up! Buy!
Take a look at our analysis for GBPJPY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 194.411.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 196.230 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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Lingrid | NZDUSD Uptrend Trend Continuation Trade FX:NZDUSD is trending within a clean upward channel, recently bouncing off the trendline near 0.60164. After consolidating in a narrow range, the pair is showing signs of upward continuation toward the 0.60890 resistance zone. A retest of the trendline followed by a bullish reaction could confirm the breakout move.
📈 Key Levels
Buy zone: 0.60160–0.60220
Buy trigger: breakout above 0.60400 with momentum
Target: 0.60890
Sell trigger: breakdown below 0.60100
💡 Risks
False breakout above 0.60400 may trap buyers
Close below trendline invalidates bullish structure
Range-bound price action may delay breakout follow-through
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | BNBUSDT channel Consolidation Sets Stage for Next MoveBINANCE:BNBUSDT is pulling back toward the 647–650 support area after forming a higher high inside its upward channel. Price remains above the long-term trendline, and consolidation within this zone hints at potential accumulation. A confirmed bounce from this zone could send price toward the 715 resistance target.
📈 Key Levels
Buy zone: 647–652
Buy trigger: breakout above 668 with volume
Target: 715
Sell trigger: breakdown below 640
💡 Risks
Failure to hold the channel support may trigger a deeper correction
Sideways chop below trendline weakens bullish structure
Volume divergence could signal short-term buyer exhaustion
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻