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Support and Resistance

GOLD (XAUUSD) – Daily Outlook for June 24, 2025Sunday’s open saw Gold gap nearly 200 pips due to rising US-Iran tensions, but the move was quickly filled as headlines cooled off. Despite the initial volatility, Gold has now broken its intraday bullish trend, closing below 3344.03. I’m now expecting a potential test of the higher timeframe bullish trendline that has held since December 2024. If price taps into that zone, I’ll look for high-risk/high-reward buys at 3274.00. Trade Setup: HRHR Buys: 3274.00 Safe Buys: Break & hold above 3380.00 Safest Buys: Break above 3428.00 Bearish Bias: Below 3230.00 only Until then, it’s a waiting game as we track structure and momentum.
FPMARKETS:XAUUSDLong
by Thetraderscollective
NZD/CADSince April, NZD/CAD has been consolidating within a defined range between 0.83198 and 0.81597. Recently, price has broken below the 0.81597 support level, indicating a potential shift toward a bearish trend. I am currently monitoring price action for confirmation through bearish engulfing candles or other reversal patterns before considering a short position. While this setup appears promising, I remain cautious of potential false breakouts and will ensure continued bearish momentum before entering. I will be observing this pair closely over the coming sessions. "Patience is not the ability to wait, but how you act while you're waiting." — Joyce Meyer
Short
by BuerdsellFX
BTCUSDBTCUSD remains in a bullish leg with a projected target at 107,848, aligning with point B of a potential ABCD harmonic structure. Should price reach this level, we will closely monitor for a bearish reversal setup. From a Smart Money Concepts (SMC) standpoint, we are identifying two key zones of interest for potential short entries: A newly formed supply zone (order block) at 108,660, The 107,848 level, corresponding with the anticipated completion of the B leg. A valid short scenario will require confirmation through SMC triggers — such as a liquidity grab, followed by a break of structure (BOS) or change of character (CHOCH), ideally accompanied by displacement. Upon such confirmation, we will look to initiate short positions with appropriate risk management.
COINBASE:BTCUSDLong
by ProSignalai
USDJPY InsightHello to all our subscribers. Please share your personal opinions in the comments. Don't forget to boost and subscribe. Key Points - Iran launched a total of 14 missiles toward U.S. air bases, but most were intercepted. U.S. President Trump stated, "I want to thank Iran for giving advance notice and ensuring there were no casualties or injuries," and the market interpreted the event as a "staged confrontation" where Iran saved face. - President Trump said on Truth Social, “Israel and Iran have fully agreed to a comprehensive and complete ceasefire.” Reuters, citing a senior Iranian official, reported that Iran accepted the ceasefire proposal mediated by Qatar and suggested by the United States. - Iranian Deputy Foreign Minister Abbas Araghchi stated that "if Israel halts its 'illegal attacks' on Iran by 4 a.m. on the 24th (Tehran time), Iran has no intention to further respond." Israel has not yet made an official statement. - Federal Reserve Vice Chair Bowman said, “If inflationary pressures continue to ease, I will support lowering the policy rate as early as the next meeting to bring it closer to a neutral level and to maintain a healthy labor market.” Key Economic Events This Week + June 24: Testimony by Fed Chair Jerome Powell + June 25: Testimony by Fed Chair Jerome Powell + June 26: U.S. Q1 GDP + June 27: U.S. May PCE Price Index USDJPY Chart Analysis After breaking through the 145 level, the pair showed a sharp upward move and formed a peak around the 148 level before reversing downward. It is expected to form a bottom in the 144–145 range during this pullback and potentially rise to the 151 level. However, if it unexpectedly breaks below the 144 level, there is also a possibility it could fall to around 140.
Short
by shawntime_academy
Bitcoin Stock Chart Fibonacci Analysis 062325Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 100,622/61.80% Chart time frame:C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress:A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
BITFINEX:BTCUSD
by fibonacci6180
XLM Stock Chart Fibonacci Analysis 062325Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 0.24/61.80% Chart time frame:C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress:A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
BITFINEX:XLMUSD
by fibonacci6180
Ripple Stock Chart Fibonacci Analysis 062325Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 1.96/61.80% Chart time frame:B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress:A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
BITFINEX:XRPUSD
by fibonacci6180
BTC short term I expect to see the retest of the highlighted area such as the 100k$ level, where we left the closest imbalance unfilled after taking the highs and not spooling higher, I assume we receive some kind of distribution during the summer in the range from ATH to the marked levels, after which we would have to see whether the structure will allow us for the continuation of the trend if it shows strong reaction and just wicks through the highlighted levels Generally, I think we are close to the pivot point but still have some time for other assets to show if they want to perform, when everyone will be buying in the range which likely be part of the distribution for BTC, I refrain from any long term investments or long speculations. Might trade some swings though if the range offers such. If we continue going higher conservatively looking I think 120-130 k will be the maximum we can spool towards
CME:BTC1!
by itismetrading
S&P 500 Wave Analysis – 23 June 2025- S&P 500 reversed from support area - Likely to rise to resistance level 6065.00 S&P 500 index recently reversed from the support area between the support level 5930.00 (which reversed the price multiple times from the start of June) and the 50% Fibonacci correction of the sharp upward impulse 1 from last month. The upward reversal from this support area stopped the previous minor ABC correction 2 from the start of June. S&P 500 index can be expected to rise to the next resistance level 6065.00 (which stopped the previous minor impulse wave 1).
CBOE:SPXLong
by FxProGlobal
Bitcoin Wave Analysis – 23 June 2025 - Bitcoin reversed from round support level 100,000 - Likely to rise to resistance level 105,000 Bitcoin cryptocurrency recently reversed from the support area between the round support level 100,000, the lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from April. This support area was further strengthened by the support trendline of the daily down channel from May. Given the clear daily uptrend, Bitcoin cryptocurrency can be expected to rise to the next resistance level 105,000.
BINANCE:BTCUSDLong
by FxProGlobal
WTI Wave Analysis – 23 June 2025 WTI: ⬇️ Sell - WTI reversed from the resistance area - Likely to fall to support level 65.00 WTI crude oil recently reversed down from the resistance area located between the pivotal resistance level 76.45 (which has been reversing the price from the middle of last year), the upper weekly Bollinger Band and the resistance trendline of the weekly down channel from 2024. The downward reversal from this resistance zone stopped the C-wave of the earlier weekly ABC correction (4) from April. Given the clear weekly downtrend, WTI crude oil can be expected to fall to the next support level 65.00 (a former yearly low from 2024).
FX_IDC:USDWTIShort
by FxProGlobal
Gold is in the bullish direction after correcting the supportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexMasters2000
QNTUSDT | Attractive Zone, But Buyer Strength Still LackingQNTUSDT left behind a clean demand zone on its way up, and that area could offer a decent long opportunity with the right confirmation. However, if you ask for my broader view, I’m still cautious. Buyers haven’t proven enough strength yet. CDV isn’t convincing, and order flow lacks aggression. That said, this week started with noticeable buyer presence across the board. If that momentum spills into QNTUSDT, this zone might hold and push price higher. It’s early for full conviction, but not a bad place for a calculated entry — as long as risk is controlled. 📌I keep my charts clean and simple because I believe clarity leads to better decisions. 📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups. 📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge. 🔑I have a long list of my proven technique below: 🎯 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 📊 XNOUSDT %80 Reaction with a Simple Blue Box! 📊 BELUSDT Amazing %120 Reaction! 📊 Simple Red Box, Extraordinary Results 📊 TIAUSDT | Still No Buyers—Maintaining a Bearish Outlook 📊 OGNUSDT | One of Today’s Highest Volume Gainers – +32.44% I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
by UmutTrades
GBPUSD – Bearish Set-up Maintains Its GripGBPUSD – Bearish Set-up Maintains Its Grip The bearish scenario for GBPUSD remains valid, aligning with our previous analysis. Despite expectations of a softer U.S. dollar, ongoing geopolitical tensions—particularly the escalating war—have sustained dollar strength. This resilience in the dollar undermines any near-term bullish recovery for GBPUSD. Resistance zone 1.35500 / 1.36000 Support Levels 1.33500 / 1.32500 Technically, the pair continues to trade under key resistance zones, with lower highs confirming bearish momentum. Unless we see a decisive shift in the geopolitical narrative or major macroeconomic data supporting GBP recovery, the bearish bias remains intact. you may find more details in the chart Ps Support with like and comments for more analysis.
Short
by MrMartin_11
1
KOG - OILQuick look at Oil. There is a pivot here in the golden zone around the 70.5 level which we can dip into. Above that level, we would be looking for higher oil with the potential target level on the chart. Note, oil is due a huge pull back, so rejection from one of these resistance levels can give us that pull back in order to get better pricing to long. We've added the red boxes from the indicator to help you navigate the move. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
TVC:USOIL
by KnightsofGold
13
KOG - SILVERSILVER As with gold and oil, looking at this expecting a gap on open and potential for a move driven by the news. If we do spike down, the red box is the level to watch with the red box levels above as potential target levels on the breaks. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
OANDA:XAGUSD
by KnightsofGold
7
THE KOG REPORT - Update End of day update from us here at KOG: Following on from the KOG report, we said there was a huge caveat to the idea, that being that we will tap into that red box resistance and then make the drop rather than just continuing upside. This move worked out well not only giving the RIP but also terminating at the red box and bias level which gave us the long trade upside to where we are now. For now we have resistance at the 3395 level which still needs to break upside, while support is the 3370-75 level. Ideally, what we want to see over the Asian session is a break above the 3400 level, then a dip into the 3380-75 level before resuming the path we have anticipated in the report. For that reason, we won't change anything in our plans for now. Please note, a break below 3370 is needed to change the structure. Key Levels: Red box defence 3375-80, needs to be broken Red box defence 3350, needs to be broken KOG’s bias of the week: Bullish above 3340 with targets above 3375✅, 3390✅, 3395✅ and above that 3410 Bearish on break of 3340 with targets below 3330, 3320, 3310, 3306 and below that 3298 RED BOX TARGETS: Break above 3375 for 3378✅, 3390✅, 3395✅, 3406, 3410 and 3419 in extension of the move Break below 3365 for 3355✅, 3350✅, 3340, 3336, 3330 and 3323 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
9
XAUUSD:Sharing of the Latest Trading StrategyAll the trading signals today have resulted in profits!!! Check it!!!👉👉👉 Today's opening gapped up to 3396, then fell all the way back to 3347 before stabilizing and rallying to 3380—our long strategy at 3350 achieved perfect profits. The basic trend aligns with last week's pattern, dominated by pullback rebounds. Channel Resistance: Key pressure lies at 3397–3404. Support Zones: Monitor rebounds at 3360–3365 and 3355–3350; maintain a bullish bias on dips. Trading Strategy: buy@3350-3360 TP:3380-3400 Share accurate trading signals daily—transform your life starting now! 👇 👇 👇 Obtain signals👉👉👉
OANDA:XAUUSDLong
by MonicaLongman
USDJPY Price Breakout Strong Bullish FormedUSDJPY is approaching a retest of the support level after rebounding from a recent wedge breakdown. The pair has reclaimed structure within a broader ascending channel, indicating buyers are stepping in around key levels. 🎯 Potential Target: If the pair continues to hold above support and breaks minor resistance, the next key upside target is 146.500. you may find more details in the chart Ps Support with like and comments for better analysis Thanks.
Long
by MrMartin_11
Gold) Technical Update – Market Subdued AheadXAUUSD Technical Update – Market Subdued Ahead of Key Data Gold is currently trading with limited momentum, reflecting a subdued market sentiment despite escalating geopolitical tensions in the Middle East. Notably, the market has largely digested the recent U.S. airstrikes on Iranian nuclear facilities, showing a muted reaction to these developments. Resistance levels 3395 / 3422 Support Levels 3355 /3350 Lets see more details in the chart Ps support with like and comments for more analysis Thanks
FOREXCOM:XAUUSDLong
by MrMartin_11
1
#GBPJPY: UPDATED VIEW 24/10/2024 **GBPJPY UPDATED VIEW BASED ON PREVIOUS ANALYSIS** Dear Traders, I hope you are doing well. Based on our previous analysis of GBPJPY, we identified two potential selling opportunities within the market. However, the bullish sentiment in the DXY currency pair has had a significant impact on JPY, causing it to fall short of its full value within the daily timeframe. As of today, we have observed a potential exhaustion of DXY’s bullish momentum, with four-hour candles indicating a strong bearish pressure. This development presents an opportunity for JPY to rebound, potentially allowing us to secure substantial profits within the market. Now, let’s focus on the GBPJPY currency pair. The price has extended its bullish trend, although there is a possibility of a reversal from its current position. We recommend implementing appropriate stop-loss orders for any sell entries taken from the current market price. If the initial entry fails, we are confident that the price is likely to reverse from our second entry. Before making any decisions based on this analysis, it is essential to conduct your own research. This analysis is solely for educational purposes and should not be considered financial advice. We appreciate your feedback and support. If you find our work valuable, please consider liking and commenting on our ideas. Additionally, following us will provide us with encouragement and motivation. Best regards, Team SetupsFX_
Short
by Setupsfx_
21
ADAUSDT → Bear market. Support breakdownBINANCE:ADAUSDT.P is in the distribution phase after exiting consolidation. The coin continues to update local lows within a downtrend. Technically, the cryptocurrency market is in stagnation/correction, as there is no bullish driver yet. Bitcoin is currently consolidating but continues to shoot local downward impulses, which generally has a negative impact on coins. ADA is entering a distribution phase of accumulation formed in the range of 0.62 - 0.71. If the bears keep the price below 0.62-0.6, ADA may well test the intermediate bottom of 0.5364-0.51 Resistance levels: 0.61, 0.62 Support levels: 0.5993, 0.5364 Focus on 0.61 and the local level of 0.5993. Price consolidation below this zone could confirm the bearish nature of the market, which could lead to another decline. Best regards, R. Linda!
Short
by RLinda
7