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Support and Resistance

Be cautious with the numerous news and short sell on rebound#XAUUSD The market is fluctuating sideways, and whether it can achieve a V-shaped reversal still needs to wait for information such as ADP and the Federal Reserve's decision.🗞 Invest lightly today and avoid letting emotions dictate your thinking.⚖️ ⚠️Although the market currently predicts that the news information is bullish for gold, and most of the trading voices are centered around bulls, we still need to be wary of the resistance area above 3345-3350. 📉Judging from the daily chart, I have clearly stated in the figure before that the current trend is a converging triangle. If the price hits the triangle boundary, coupled with the interference of external news, it may trigger panic selling, killing a wave of long buyers first🐂, and then trigger an upward trend when it retreats to near the 3300 support level, and may even test the support level of 3285. 🩳 The 4H chart shows that although the rebound momentum is still continuing📈, the gold price is still below the short-term moving average and has only recovered the lower support level. It is necessary to wait for a second retracement confirmation to determine whether a true trend reversal has been achieved. 📈 In addition, the price on the hourly chart continues to run in a downward channel. Combined with the previous trend pattern, after the rebound correction at the 4H level is completed, it is highly likely that the downward trend will continue to return to the lower support level of the daily level.🐻 If resistance is encountered at 3345-3350 for the first time today, consider shorting.💡 If the price currently retreats to around 3320-3315, consider a short-term long position. Long positions held yesterday can be manually closed at around 3330.💡 🚀 SELL 3340-3350 🚀 TP 3330-3320-3300 🚀 BUY 3320-3315 🚀 TP 3330-3340
OANDA:XAUUSDShort
by Halson_Winston
THE KOG REPORT - FOMCTHE KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price. It’s been an aggressive month on the markets especially this week which has been testing for traders due to the extended movement on gold. We’ve managed to stay ahead of the game and although we missed the move downside, we’ve capture scalps up and down trading it on an intra-day basis rather than a swing. Looking at the 4H chart, we can see we have support forming at the 3310 level which is the key level for this week and will need to be broken to go lower. If we can flip the 3334 resistance, price should attempt higher into the 3355-60 region which is where we may settle in preparation for NFP. on Friday This is the level that needs to be watched for the daily close, as a close above will confirm the structure and pattern test which can form a reversal if not breached. Now, here is the flip! We’re still sitting below the daily red box but we know this break does give a retracement and with sentiment long, it may not be a complete retracement again. Here 3345-50 is the red box to watch and as above, if not breached, we may see a rejection here which will confirm no reversal for higher and, potentially a further decline into the 3270-5 regions for the end of the month and quarter. Pivot – 3323-6 RED BOX TARGETS: Break above 3335 for 3338, 3340, 3345, 3347 and 3357 in extension of the move Break below 3320 for 3310, 3306, 3302, 3297 and 3393 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
29
Gold is in the Bearish Direction after Breaking 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:XAUUSDShort
by ForexMasters2000
USDJPY Short from ResistanceHello Traders In This Chart USDJPY HOURLY Forex Forecast By FOREX PLANET today USDJPY analysis 👆 🟢This Chart includes_ (USDJPY market update) 🟢What is The Next Opportunity on USDJPY 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
Short
by ForexMasters2000
Is altcoin season over before it even started?Guys, Gonna break down the situation on the chart to see where we can go next with the altcoins. We see the key resistance levels and now we moving in kinda bullish pennant, but considering descending volumes we can easily test the support line and go back to the 1.25T. (maybe even lower) After that, seems like we can try to go back and break the 1.64T resistance zone and previous ATH. Anyway current market is going to be way more different from previous cycles, because huge institutions can feel nice only in hyper volatile, so divide your strategy between short, mid and long term investments to take profits. Good trades and share your thoughts down to see what others think.
CRYPTOCAP:TOTAL2Short
by SheTradesHub
EURUSD Sell Explained...+100 pips, 3 TPS, 1 StrategyHey Rich Friends, Happy Wednesday. I wanted to updated you on the EURUSD sell idea I posted a few days ago: All of my TPs were hit and I was able to secure more than 100 pips in this trade. Here is a synopsis of my strategy: - Draw support and resistance lines on 2-3 time frames - Wait for a break of structure above or below previous support or resistance to enter - Check confirmations on the stochastic (buy = if stoch is facing up and the blue line is on top. sell = if stoch is facing down and the orange line is on top) I will make a full strategy video soon, but that is basically it. I follow the same process over and over again because it works. If this video was helpful or you have any questions, let me know below in the comments. Peace and Profits, Cha
by MoneyMantraCha
How to Find Liquidity Zones/Clusters on Any Forex Pair (GOLD) You need just 1 minute of your time to find significant liquidity zones on any Forex pair and Gold. In this article, I will teach you how to identify supply and demand zones easily step by step. Liquidity Basics By a market liquidity, I mean market orders. The orders are not equally distributed among all the price levels. While some will concentrate the interest of the market participants, some levels will be low on liquidity. Price levels and the areas that will attract and amass trading orders will be called liquidity zones. How to Find Supply Zones To find the strongest liquidity clusters, we will need to analyze a daily time frame. A liquidity zone that is above current prices will be called a supply zone. High volumes of selling orders will be distributed within. One of the proven techniques to find such zones is to analyze a historic price action. You should identify a price level that acted as a strong resistance in the past. 4 horizontal levels that I underlined on EURGBP influenced market behavior in the recent past. The price retraced from these levels significantly. Why It Happened? A down movement could occur because of an excess of selling orders and a closure of long positions by the buyers. These factors indicate a high concentration of a liquidity around these price levels. How to Draw Supply Zone? One more thing to note about all these horizontal levels is that they cluster and the distance between them is relatively small . To find a significant liquidity supply zone, I advise merging them into a single zone. To draw that properly, its high should be based on the highest high among these levels. Its low should be based on the highest candle close level. Following this strategy, here are 2 more significant supply zones. We will assume that selling interest will concentrate within these areas and selling orders will be spread across its price ranges. How to Find Demand Zones A liquidity zone that is below current spot price levels will be called a demand zone . We will assume that buying orders will accumulate within. To find these zones, we will analyze historically important price levels that acted as strong supports in the past. I found 3 key support levels. After tests of these levels, buying pressure emerged. Why It Happened? A bullish movement could occur because of an excess of buying orders and a closure of short positions by the sellers. Such clues strongly indicate a concentration of liquidity. How to Draw Demand Zones? Because these levels are close to each other, we will unify them into a one liquidity demand zone. To draw a demand zone, I suggest that its low should be the lowest low among these key levels and its high should be the lowest candle close. Examine 2 more liquidity zones that I found following this method. Please, note that Demand Zone 2 is based on one single key level. It is not mandatory for a liquidity zone to be based on multiple significant levels, it can be just one. We will assume that buying interest will concentrate within these areas and buying orders will be allocated within the hole range. Broken Liquidity Zones There is one more liquidity zone that I did not underline. That is a broken supply zone. After a breakout and a candle close above, it turned into a demand zone. For that reason, I plotted that based on the rules of supply zone drawing. Start Market Analysis From Liquidity Liquidity zones are one of the core elements of forex trading. Your ability to recognize them properly is the key in predicting accurate price reversals. Identify liquidity zones for: spotting safe entry points, use these zones as targets, set your stop losses taking them into consideration. They will help you to better understand the psychology of the market participants and their behavior. I hope that the today's tutorial demonstrated you that it is very easy to find them. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
1
Nvidia Just Under Major SupportNvidia seems to have been pulled down by the Dow just like Apple as both are just under major support. I'm sorry for my previous Nvidia chart that drew support near 140, I recognize where I screwed up, but this chart should be good. Fortunately actual 117 support wasn't that far below and my NVDA isn't too in the red. NVDA has the lowest revenue multiple in years right now. I know it's well off it's long term trend line, but it's growth rate is unlike anything it's ever been so expecting a steeper trend line to appear makes a lot of sense. Eventually I would imagine we'll get back to that trend line, but not anytime soon. The Dow hitting major support should finally lift NVDA and the others that have been dragged down like AAPL and AMZN. Good luck!
NASDAQ:NVDALong
by bwy
5
Long-Term Spot Technical Analysis of INJ CoinWhen evaluating INJ coin for long-term spot investments, it is evident that the price continues its downward movement after being rejected from the daily resistance level at $16.33. If INJ fails to receive a strong buying reaction from the $13.16 support in the coming days, the downtrend is likely to persist. Our preferred long-term spot entry zone lies between the $11.86 – $11.26 support range. If INJ retraces to the blue support zone marked on the chart, we intend to accumulate with a long-term target of $23. As long as INJ continues to close daily candles above the $10 level, we will maintain our long-term spot positions. Should the price rebound from the $11.86 – $11.26 zone, our initial upside target will be $16.33. Not Financial Advice (NFA).
by wagmitraders
Long-Term Technical Analysis of AVAX CoinWhen evaluating AVAX for long-term investments, the blue support zone highlighted on the chart stands out as the key area to monitor for potential spot entries. If AVAX closes daily candles below the $22.77 level, it is expected to continue its downward trend. The primary spot buy zone for AVAX is identified between the $21.20 – $20.25 support range. If the price retraces into the blue zone on the chart, we plan to initiate spot positions. Should AVAX show a reversal from this area, our next upside targets are $27.63 and $32, respectively. If AVAX fails to generate a strong reaction from the blue zone and continues to decline, we will then monitor the $18 support level. As long as AVAX holds above $18, our bullish outlook from this analysis remains valid. Not Financial Advice (NFA).
by wagmitraders
Long-Term Technical Analysis of ENA CoinENA coin continues its downward movement after being rejected from the $0.70 resistance level. As long as ENA holds above the 4H support level at $0.5549 with confirmed 4-hour candle closes, it is likely to attempt a rebound toward the weekly resistance zone (marked in blue). However, if ENA loses the $0.5549 support level and closes multiple 4H candles below it, further downside momentum is expected. In such a scenario, the initial downside target would be $0.4611. For long-term spot investments in ENA, the price range between $0.3952 and $0.3781 should be closely monitored by investors. Our plan is to accumulate ENA coin within the $0.3952 – $0.3781 support range for long-term spot positions. If the price reaches this zone, our target will be set at $1. Not Financial Advice (NFA).
by wagmitraders
GBPUSD - 30/7/25 - PIvot to bullishYesterday price touched a HTF demand zone that i marked out and on the 1 hour formed a break of structure. This is as per my plan a pivot ore reversal sign. Now trying to find an entry its trickier. Initially i wanted to enter higher up at the green imbalance that is there, but i noticed equal low liquidity marked as $$$ which i will assume will be taken out. I placed a buy-limit here with a tighter SL than i normally go for, but the TP is the next high. Today is a high impact news day with the Fed releasing news later today -hence i will not take as many trades.
Long
by AlpenglowTrader
USNAS100 Correction in Play – Watching 23390 & 23440USNAS100 The price is undergoing a bearish correction while trading below 23440, with downside targets at 23300 and 23295, especially if a 1H candle closes below 23390. A bullish scenario will be activated if price closes 1H above 23440, opening the path toward 23530 and potentially 23700. At the moment, the market appears to be correcting toward 23295 before attempting a bullish rebound. Support Levels: 23300 – 23210 – 23150 Resistance Levels: 23530 – 23700
OANDA:NAS100USDShort
by SroshMayi
1
DeGRAM | EURUSD reached the lower boundary of the channel📊 Technical Analysis ● Price sliced through the channel mid-support and the inner trend-fan, closing below 1.1573; the break was retested (grey circle) and rejected, confirming a bear continuation from the sequence of lower-highs. ● The move unlocks the descending channel’s lower rail near 1.1450, while interim demand sits at the May pivot / 0.618 swing 1.1520. 💡 Fundamental Analysis ● EZ data underwhelmed (German Ifo, EZ consumer-confidence) just as Fed officials warned rates may stay “restrictive for longer,” widening the short-rate gap and refreshing USD bids. ✨ Summary Short 1.1590-1.1615; hold below 1.1573 targets 1.1520 ➜ 1.1450. Bias void on an H1 close above 1.1660. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Short
by DeGRAM
11