Supply and Demand
Gold: Bullish Momentum and Key Reversal LevelsOANDA:XAUUSD Gold Price Analysis: Bullish Momentum with Potential Reversal Zones
The chart is a 4-hour candlestick chart for CFDs on WTI Crude Oil, showing the price at 78.01 USD with a gain of 1.47 USD (+1.92%). The chart includes several technical indicators and annotations, such as BOS (Break of Structure), CHoCH (Change of Character), and Fibonacci retracement levels. The chart also features volume profile bars on the right side, indicating the price levels with the highest trading volumes.
Analysis
Price Action:
The price is currently in an uptrend, as indicated by the higher highs and higher lows.
The BOS and CHoCH annotations suggest key levels where the market structure has shifted.
Smart Money Concepts (SMC):
The BOS and CHoCH annotations indicate areas where institutional traders might have entered or exited positions.
The price has broken above a significant resistance level around 75.83 USD, suggesting bullish momentum.
ICT Elliott Wave:
The chart appears to be in the impulsive phase of an Elliott Wave, likely in Wave 3, which is typically the strongest wave.
The Fibonacci retracement levels (0.382, 0.5, 0.618, 0.705, 0.786) provide potential support and resistance levels for the ongoing wave.
Indicators:
Volume Profile: The highest volume nodes are around 75.83 USD and 73.37 USD, indicating strong support and resistance levels.
RSI (Relative Strength Index): The RSI is not explicitly shown, but the purple line at the bottom suggests it is being tracked.
Buy and Sell Strategies
Buy Strategy:
Entry: Enter a long position at the current price level of 78.01 USD.
Take Profit 1 (TP1): 80.00 USD (199 pips)
Take Profit 2 (TP2): 82.00 USD (399 pips)
Stop Loss (SL): 75.83 USD (218 pips)
Sell Strategy:
Entry: Enter a short position if the price falls below 75.83 USD.
Take Profit 1 (TP1): 74.00 USD (183 pips)
Take Profit 2 (TP2): 72.00 USD (383 pips)
Stop Loss (SL): 78.01 USD (218 pips)
VIP Signal:
Buy: 78.01 USD
TP1: 80.00 USD (199 pips)
TP2: 82.00 USD (399 pips)
SL: 75.83 USD (218 pips)
Sell: 75.83 USD
TP1: 74.00 USD (183 pips)
TP2: 72.00 USD (383 pips)
SL: 78.01 USD (218 pips)
This comprehensive analysis leverages various trading strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave Theory, to provide detailed buy and sell strategies. The Fibonacci retracement levels, volume profile, and RSI indicators highlight key areas for optimal trading decisions.
Let's go LONG this week & STRIKE GOLD for the HOUSE!!!COMEX:GC1!
" A life is not important except in the impact it has on other lives." -Jackie Robinson
As we head into the 2nd trading week of the New Year I hope everyone has a HIGH SET Goal that they want to achieve. Let's be strategic in our goals and make sure we put forth rightful action that will get us the results we desire. In this sport we play there is no Reward without RISK... So let's get down to business on what exactly were looking for this week to STRIKE GOLD for the HOUSE to benefit...
Confluence Profile 500K (Expectational Order-Flow + PA) 15-20pt STOP / 60-100pt Target
Key info; On average GOLD runs for 240pts LONG or SHORT during NY session 5am-2pm PST.
Our Playbook: We cut 240 in Half = 120pts as our new GOAL to catch for the DAY (Intra Day)
Pillar 1) HTF EOF "Market Direction" In which direction are we headed? Who has the stronger hand?
Currently Buyers have the stronger hand on the HTF's Daily & 4Hr. We just broke above the Daily Swing EQ Level ($2696.5) and have officially entered the Daily Supply Zone ($2719.0).
**** Scenario LONG #1) Now this is my Narrative to go LONG if and when price has a slight reaction out of the Supply Zone and sellers push GOLD down towards Daily Swing EQ Level ($2696.5) I will then head to the Order Flow Footprint Chart to watch very very closely if buyers start to change the expectation of orders from bear flow to bull flow from the Key Level ($2696.5). OR
**** Scenario LONG #2) If sellers remain dominant and push price lower past EQ Level my next target will be 4Hr Sub. X Level ($2681.0). I will then head to the Order Flow Footprint Chart to watch very very closely if buyers start to change the expectation of orders from bear flow to bull flow from the Key Level ($2681.0). Or
**** Scenario LONG #3) Sellers remain Dominant and push price past EQ level & 4Hr Sub X. Level and come to mitigate the HTF Daily Demand Zone below ($2664.0). I will then head to the Order Flow Footprint Chart to watch very very closely if buyers start to change the expectation of orders from bear flow to bull flow from the Key Level ($2664.0).
Once we get our Confluence Profile 500K to flow in symmetry together; HTF Mitigation w LTF Entry Confirmation / Order Flow Footprint + PA we then will enter our positions INTRA DAY....
Key Note: LTF Pro Trend is LONG & LTF Counter Trend is SHORT.... Either way is Profit!! Done correctly at the right time & price. I will keep update as more date in the PA develops throughout the week.
Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
A CLEAR BEARISH STUCTURE ON EURAUD.
There was confusion between bulls and bears on EURAUD the previous week ,making the pair to be choppy throughout the week. Hence, the confusion seems to be caused by the brake and retest of structure (resistance level) on weekly time frame ,meanwhile price rejected on a major /supply/liquidity zone but the previous monthly candle closed bullish leaving us to wonder what could happen next. all I can see is sells, there is a great shooting star on the monthly resistance level that is still pushing-price down and I can see a break of trend and retest on a 4hr time frame .I can also see a bearish flag that completed with shooting star on the current resistance level giving a sell signs. Trade with care
EUR/USD (EU) Analysis (Daily Timeframe)Recently, we’ve observed a distribution phase in EUR/USD, followed by a markdown , confirming the overall bearish trend visible on both the daily and weekly timeframes.
Key Observations:
Bearish Structure:
On the daily timeframe, price is consistently creating supply zones and showing strong reactions to them.
The market structure confirms the downtrend with the formation of lower lows and breaks to the downside.
EMA Interaction:
The price is currently surfing downward along the EMAs , which are acting as dynamic resistance and reinforcing the bearish momentum.
Scenarios to Watch:
Continuation: Price could continue its markdown, heading toward the short-term target and potentially testing the psychological level of 1.0000.
Re-distribution: There’s also a possibility of a move upward, creating a re-distribution phase to accumulate enough liquidity for a stronger push below 1.0000 .
Fundamental Insights:
Strength of the US Economy:
The US dollar remains strong due to:
Higher interest rates maintained by the Federal Reserve to combat inflation, which increases the demand for USD-denominated assets.
Strong labor market data , with low unemployment and rising wages supporting consumer spending.
Positive GDP growth , reflecting resilience in the US economy despite global economic challenges.
Weakness in the Eurozone:
European economies are facing multiple headwinds, including:
Energy concerns driven by geopolitical tensions, leading to higher costs for businesses and consumers.
Slow economic growth as inflation continues to weigh on consumer spending.
Divergence in monetary policy , with the European Central Bank (ECB) appearing more cautious about aggressive rate hikes compared to the Fed.
The combination of these factors makes the USD fundamentally stronger, while the EUR struggles under the weight of economic and geopolitical challenges.
My Perspective:
Given the strong bearish structure, EMA surfing, and fundamental backdrop, I expect further downside momentum. However, the possibility of a re-distribution phase cannot be ruled out, especially if liquidity is needed to push below the 1.0000 level. Staying cautious and reactive to price action around key levels will be crucial.
GOLD Analysis (Daily Timeframe)Gold has been extremely bullish for a while, consistently breaking to the upside and creating higher highs , accompanied by the formation of demand zones that were later mitigated for continuation.
The last significant move was a reaccumulation (Re-acc) phase, which revisited unmitigated demand zones. From there, we saw a bullish reaction. However, due to low year-end volume , Gold hasn't been able to break its previous high. Since then, it has been ranging in the same area.
Key Observations:
Bullish Volume Returning:
Recently, bullish volume seems to be picking up, signaling the potential start of the next leg upward.
EMA Interaction:
Previously, the price was "surfing" along the EMAs, demonstrating a strong trend-following behavior.
Currently, the EMAs have tightened significantly, which often signals an impending price expansion—a strong indication that volatility and directional movement may resume soon.
Two Scenarios in Play:
Gold may continue ranging before breaking to the upside.
The current move may sustain and lead to a new high.
Liquidity Trap:
The reaccumulation created a cloud of liquidity , with many traders now eyeing potential sell opportunities due to:
- The break to the downside.
- The formation of equal highs , often misinterpreted as bearish.
This could very well be a Smart Money Trap , fueling a bullish move as liquidity is taken.
My Perspective:
I remain optimistic about the bullish scenario , as the overall market context suggests a continuation of the upward trend. This is a critical area to watch, and I will monitor closely for confirmation of the next move.
JNJ – Potential Buy Opportunity at Support LevelThe JNJ stock price is currently approaching a key demand zone. If the price finds support and bullish confirmation signals appear, such as bullish candlestick patterns or long lower wicks, we could see a potential rebound. The first target for this move would be around the $153.03 level.
This setup offers an opportunity for a long position if the demand zone holds. Traders should monitor for additional confirmation before entering.
Do you agree with this analysis, or do you have alternative views on this setup? Share your thoughts in the comments!
USDCHF: Potential Rejection from Resistance ZoneUSDCHF is currently trading near a significant resistance zone, as highlighted in the chart. This area coincides with a prior supply zone that has historically acted as a reversal point. The structure suggests that sellers may step in, pushing the price lower. If the pair confirms rejection from the resistance, we could see price drop towards 0.89420.
If you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
DXY - Potential Sell At Key ResistanceThe DXY is approaching a key resistance zone, which has historically acted as a strong supply area. This level has seen multiple price rejections in the past, making it a critical area of interest for potential reversals.
The current uptrend has brought the price back into this resistance zone, but there are signs of potential trend exhaustion as the price tests these levels. If the price confirms rejection with bearish signals, such as reversal candlesticks or divergence on oscillators, we could see a downward move.
I anticipate that, upon rejection from this resistance zone, the DXY may head lower toward the 107.548 level. This setup aligns with the idea of a short-term correction within the broader market context.
Let me know your thoughts on this analysis or if you see a different perspective! Feel free to share your insights in the comments!
EURHUF - Potential Sell At Key Resistance LevelThe EURHUF pair is currently testing a key resistance level, which has historically acted as a significant supply area.
The current uptrend has brought the price into this resistance zone, but the market appears to be losing momentum. If bearish signals emerge, such as reversal candlestick patterns (e.g., bearish engulfing or shooting star) or divergence on indicators like RSI, we could see a potential reversal.
I anticipate that a rejection from this resistance zone could lead the price lower toward the 402.932 level. This setup aligns with the idea of trend exhaustion near resistance, providing a potential short opportunity.
What’s your perspective on this analysis? Feel free to share your thoughts or any alternative scenarios in the comments!
Weekly FOREX Forecast Jan 13, 2025This is an outlook for the week of Jan 13-17th.
In this video, we will analyze the following FX markets:
USD Index
EURUSD
GBPUSD
AUDUSD
NZDUSD
CAD, USDCAD
CHF, USDCHF
JPY, USDJPY
The USD is still strong, so no reason to sell in the near term. With price at Monthly and Weekly
Supply levels, we have to proceed with caution in the near term. The bias is still bullish until the market gives us a HTF bearish break of structure.
Enjoy!
May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
GBPCHF - Potential Rejection at ResistanceThe GBPCHF pair is trading near a key resistance zone around the 1.13646 level, which has acted as a significant area of interest in the past. This region has previously led to reversals, suggesting that sellers may regain control at this point. The price action indicates a potential for bearish momentum, especially if rejection patterns form at this level.
A rejection from the resistance zone could be confirmed by bearish candlestick patterns such as engulfing candles, long upper wicks, or other signs of selling pressure. If the rejection occurs, a potential move toward the 1.12850 target level is anticipated. This aligns with the broader expectation of a bearish correction within the current market structure.
If you have a different perspective or additional data, feel free to share!
NZDUSD - Potential Long from Key Support ZoneThe NZDUSD pair is currently approaching a significant demand zone near the 0.55800 - 0.54700 level. Historically, this area has acted as a strong support, leading to notable bullish reversals. The recent decline into this zone suggests a potential for buyers to regain control and push prices higher.
A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would indicate an increased likelihood of a move upward. If this scenario unfolds, the price may head toward the 0.57580 level.
This setup aligns with a potential short-term rebound within the broader bearish market structure.
What are your thoughts on this outlook?
AUDUSD: Potential Pullback from Key Support ZoneThe AUDUSD pair is currently trading near a key daily support zone in the 0.61600–0.62400 range, which has previously acted as strong support. This area is critical as it aligns with historical price rejections and hints at the possibility of a bullish reversal.
If buyers regain control in this zone and the price begins to show signs of upward momentum, I anticipate a move toward the 0.63700 level.
if you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
GBPCHF: Potential Reversal from Resistance ZoneThe market is currently approaching a significant resistance zone, highlighted by multiple previous rejections. The current structure suggests a potential bounce from this area, followed by a move lower. This zone has proven to be a strong barrier in the past, and the overall market context supports a bearish scenario. My target for this setup is around 1.12785. However, I will remain cautious and monitor for any changes in volume or structure that could invalidate this idea.
USNAS100 / STILL BEARISH POWER !!!USNAS100 Technical Analysis
The price is still consolidating between 20990 and 20215 till breaking.
so as long as trades below 21215 mean will touch 20990 and 20860.
A bullish attempt will be activated by closing 4h candle above 21220.
Key Levels:
Pivot Point: 21215
Resistance Levels: 21280, 21390, 21535
Support Levels: 20990, 20860, 20670
Trend Outlook:
Bearish while below 21215
Key Levels for the Week 01.2025(13-17 ∷Gold∷ .a🔳Key Levels Overview for the Week🔲 01.2025(13-17-∷)🐍Model.a
Dynamic Resistance🔀
2705
2695
Dynamic Supports🔀
2668
2664
Mid Pivot (🐻bull&bear🐂 zone ch trend)
2753
2690*
2626
range of supply and demand
2616
2672*
2627
Range Band 🐇
2735
2681
2627
Order of lines:
1. 🌸 Shocking Pink, 🍇 Dark Orchid
2. 🟢 Green, 🔴 Red, 🟡 Yellow
3. ⬜ White, ⬛ Black
4. ❤️ Falu Red, 🌿 Crusoe, 🔷 Smalt
5. 🌷 Pale Pink, 🍏 Granny Apple, 🌫️ Storm Grey
6. 💧 Neon Blue
EURUSD 12/1/24Starting the week with our clear bias and understanding of what we aim to trade on EUR/USD. This bias and understanding are, as always, brought to us by Orion, providing precise bias, points of interest, and entry areas.
This week, we observe institutions once again driving the market downward, and we plan to follow this flow. Based on the current market conditions, we are presented with a target low and a major collection of highs, creating a strong area to watch for bearish momentum to return. The game plan is simple: look for a new low to form, giving us targets to aim for. If this happens, watch for the highs to be taken out, which will align us with our short bias. Alternatively, if our current target is reached first, we’ll shift our focus to the highs, providing opportunities to target new lows as the market retraces back to these areas, keeping us in line with the short bias.
Follow what price action shows you and, as always, trust Orion.
Stick to your plan, follow your rules.
Massive Volume Spike This Blue Box Could Be the Game Changer!THETAUSDT: Massive Volume Spike—This Blue Box Could Be the Game Changer! 🚀
Ladies and gentlemen, we’re looking at a 229% daily volume spike . That’s big, really big. When you see numbers like this, you know there’s something brewing under the surface. The question is, are you ready to act?
Here’s the plan for THETAUSDT:
Blue Box Buy Zone: This is where the magic happens. It’s carefully identified as the area where buyers could step in aggressively.
Volume Surge Means Opportunity: A volume increase of this size doesn’t happen by accident. It’s a sign that the big players are getting involved, and we’re here to ride their wave.
Lower Timeframe Confirmation: I’ll wait for bullish market structure breaks on the 1H chart before entering. Tools like CDV, volume profile, and liquidity heatmaps will guide the final decision.
This is not just a trade—it’s a statement. The market doesn’t hand out opportunities like this every day. Take action, be decisive, and don’t let this slip by. Boost, comment, follow—and let’s crush it! 💥
Let me tell you, this is something special. These insights, these setups—they’re not just good; they’re game-changers. I've spent years refining my approach, and the results speak for themselves. People are always asking, "How do you spot these opportunities?" It’s simple: experience, clarity, and a focus on high-probability moves.
Want to know how I use heatmaps, cumulative volume delta, and volume footprint techniques to find demand zones with precision? I’m happy to share—just send me a message. No cost, no catch. I believe in helping people make smarter decisions.
Here are some of my recent analyses. Each one highlights key opportunities:
🚀 RENDERUSDT: Strategic Support Zones at the Blue Boxes +%45 Reaction
🎯 PUNDIXUSDT: Huge Opportunity | 250% Volume Spike - %60 Reaction Sniper Entry
🌐 CryptoMarkets TOTAL2: Support Zone
🚀 GMTUSDT: %35 FAST REJECTION FROM THE RED BOX
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
This list? It’s just a small piece of what I’ve been working on. There’s so much more. Go check my profile, see the results for yourself. My goal is simple: provide value and help you win. If you’ve got questions, I’ve got answers. Let’s get to work!
EUR/USD Short from 1.03000 (Supply Zone 6hr)My analysis for EUR/USD (EU) this week aligns with my view on other pairs, as the Dollar continues to strengthen. The bearish trend remains strong, and I plan to stay aligned with this pro-trend movement.
The price has broken structure to the downside and left a clean 6-hour supply zone that is yet to be mitigated. Once the price retraces to this supply zone, I’ll be looking for potential sell opportunities. I’ll wait for a redistribution pattern to confirm my entry before taking shorts. If the price continues to drop without retracing, I’ll monitor for a closer supply zone to form and adjust my setup accordingly.
Confluences for EU Sells:
- The price remains strongly bearish on higher time frames.
- The DXY is bullish, supporting the bearish trend for EU.
- A clean supply zone caused a Break of Structure (BOS) to the downside.
- The market is consistently forming lower lows and lower highs.
- A significant imbalance below still needs to be filled.
Note: If the price reaches the 7-hour demand zone below or the imbalance, I anticipate a potential bullish reaction, possibly leading to a retracement.
XAU/USD 13-17 January 2025 Weekly AnalysisWeekly Analysis:
Swing Structure -> Bullish.
Internal Structure -> Bullish.
Analysis/Bias remains the same as analysis dated 01 December 2024.
Price Action Analysis:
In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks.
Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range.
Price is anticipated to trade down towards either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high.
Note:
It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend.
Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings.
Weekly Chart:
Daily Analysis:
-> Swing -> Bullish.
-> Internal -> Bullish.
Analysis/Bias remains the same as analysis dated 01 December 2024
Price Action Analysis:
Price has shown a reaction from discount of internal 50% EQ. Currently price has been unable to target the weak internal high
Given the current internal range dynamics, price is expected to target weak internal high, priced at 2,790.170 However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Price has yet to tap into Daily demand.
Note:
With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action.
Daily Chart:
H4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart: