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Support and Resistance

Trading Signals for GOLD Sell below $3,307 (6/8 Murray-21 SMA)Early in the American session, gold is trading around 3312, rebounding after reaching the bottom of the uptrend channel formed on may 14, above the 6/8 Murray level, and below the 21st SMA. Gold made a sharp technical correction during the European session and is now consolidating above the 6/8 Murray level, suggesting a possible technical rebound in the coming hours, potentially reaching 3,327. On the other hand, if gold maintains bullish momentum, the price could break above resistance at 3,330, and then we could expect a new bullish sequence, potentially reaching 3,437, the 8/8 Murray level. If bearish momentum intensifies, we should expect confirmation of a sharp break below the 6/8 Murray level and consolidation below this area on the H4 chart. Then, the outlook could be negative, and gold could quickly reach the 200 EMA around 3,251, or even reach the 5/8 Murray line around 3,203. Gold left a gap around 3,198. Gold could close this gap if falls below the 6/8 Murray line, and it could even reach the psychological level of 3,125, which coincides with the 4/8 Murray line.
FOREXCOM:XAUUSD
by CEO-PREMIUM-ANALYSIS
23
Bears Win the Battle for GoldGold had been stuck between the orange downward trendline and the shorter-term upward trend channel (white), with a decisive move imminent as discussed in earlier posts. That decision now appears to favor the bears, as the upward trend channel has broken. Following the break, gold quickly dropped to the 3,270–3,290 support zone, which is currently being tested. This zone also includes the 200-hour moving average, adding to its significance. The main support to watch is the yellow trendline visible at the bottom of the chart, which originates from late December. This trendline currently sits near 3,150 and could be the key medium-term target if bearish pressure continues. In the shorter term, if the 3,270–3,290 zone fails to hold, the next downside target is likely 3,200.
OANDA:XAUUSDShort
by ftdsystem
IPI - Fertilizer Trade: A Forgotten Play, Geopolitical upsideWhenever a resolution to the Russia-Ukraine war materializes, agricultural restoration will be one of the first and most critical steps, not just for Ukraine's battered fields but also for Russia's export infrastructure. Both countries are central to global wheat markets, and reviving output means ramping up fertilizer usage, especially potash. That sets the stage for renewed interest in fertilizer producers. Potash, also known as potassium chloride, is an important nutrient for plants. It helps them resist drought, strengthens their roots, and increases crop yields. Unlike more energy-intensive nitrogen fertilizers, potash supply is concentrated and not easily ramped up. Belarus and Russia are among the top 10 world potash exporters, but sanctions and supply chain bottlenecks have impacted their volumes. Ukraine will need to import significant amounts of potash to rebuild its ag base. Global potash demand could rise sharply as post-war reconstruction efforts kick in, and that makes Western suppliers a critical piece of the puzzle The market may not be pricing in this recovery narrative just yet. Fertilizer stocks popped in 2022, but most have been rangebound or sold off since as supply chains stabilized and the commodity cycle cooled off. But structurally, if global potash demand starts ramping again, especially from a fresh buyer like Ukraine coming back, the upside case for U.S.-based producers becomes clearer. Macro themes like agricultural recovery after war are slow-building but often explosive once recognized. The fertilizer story is one of them. If you're positioning ahead of that curve, it's not just about trading. It's also about recognizing that geopolitical peace, when it comes, won't just be about diplomacy. It'll be about digging back into the soil and starting over. Intrepid Potash may be one of the most overlooked names in the market right now. It is tucked away in the fertilizer sector, has low volume, and is not hyped. But that quiet tape hides an interesting setup. After a boom-bust cycle following the 2022 commodity shock, IPI has been grinding through a long consolidation. Now, with potash prices stabilizing and geopolitical risk still unresolved, the stock is showing early signs of an uptrend. And with options cheap and sentiment nonexistent, this could be a classic contrarian long. 2022: IPI surged alongside fertilizer peers after Russia's invasion of Ukraine sparked global fears of food insecurity and disrupted potash supply chains. 2023–2024: The stock gave up those gains as: Central banks hiked aggressively, capping inflation-linked trades. Potash prices corrected from panic highs. Broader commodity sentiment turned defensive. Now (Mid-2025): IPI is starting to build out around long-term support. Price action is tightening, and early momentum signals are starting to flash. This isn't a runaway rally yet, but it's building the right kind of structure. Call options with a ~$45-$50 target expiring December (can also use call spreads) Option premiums are still cheap, reflecting low implied volatility and a market because nobody 'in their right mind' is looking at this yet. If Russia-Ukraine negotiations resume or if even partial de-escalation happens, the market may quickly reprice ag rebuild stories. Fertilizer demand from Ukraine could spike, and with Belarusian and Russian supply still under partial sanctions, Western producers like IPI could benefit disproportionately. If the Fed signals that it's near the end of its tightening cycle or even hints at cuts in late 2025, rate-sensitive commodity equities could start to re-rate higher. That would relieve pressure on capex-intensive names like IPI. Global potash prices are off their highs but showing signs of stabilization. If demand forecasts pick up, prices don't need to move explosively higher, just holding firm or ticking higher could expand margins and renew investor interest & sentiment  With few traders active in IPI's options, implied volatility remains low. Any volume-driven breakout (or narrative shift) could trigger a fast repricing. Think of this as a "volatility catch-up" play in addition to a directional one.
NYSE:IPILong
by RomanoRnr
Pair: GBPNZD Bias: Bullish (contingent on breakout or support hoPrice has repeatedly rejected resistance at 2.27286 and is now consolidating between this key level and 2.25282. With this week being month-end, it’s likely we could see a pullback before a larger move into June. Trade Zones: Buy from 2.25282 if we pull back and hold as support Buy above 2.28114 if we get the breakout Targets: First: 2.29580 Extended: 2.31200 Invalidation: Break and close below 2.25282 with bearish follow-through Notes: Wait for price action confirmations. Be mindful of low volume and false moves during month-end flow.
Long
by Thetraderscollective
15-minute chart, there exists another Fair Value Gap!Gold Price Technical Analysis. At present, gold is exhibiting signs of continued bearish momentum as it trades below the 50% retracement level of the 30-minute Fair Value Gap (FVG). The fact that this critical level has been broken suggests a weakening of bullish strength in the short-term timeframe, and reinforces the likelihood of further downward pressure on the price. Moreover, on the 15-minute chart, there exists another Fair Value Gap just below the current market level, which is offering minor support for the time being. This area has been acting as a temporary cushion, slowing the pace of decline; however, its sustainability remains uncertain under the current market sentiment. Should gold decisively break below the 15-minute FVG as well, it would indicate a deeper structural weakness and open the possibility for an extended bearish move. In such a scenario, the next potential support level lies around the 3293 mark, which could act as a short-term target for sellers and a critical level for buyers to watch for possible reversal signals. Traders and investors are advised to monitor price action closely around these key levels, as further developments could define the next major move in gold's short- to medium-term trend.
OANDA:XAUUSD
by Peter_Wade
BGSC in Maturation – Breakout or Breakdown?📊 Market Overview 📉 BGSC continues to trade within a clean descending channel. 🔵 Price recently stabilized inside a well-defined support zone (blue). 🔴 The resistance zone (pink) above remains a key level and has been tested several times. 📉 Volume is declining, volatility is low – a textbook case of growing compression. 📐 Technical Structure 🪜 Since the April high: structured downtrend with lower highs & lower lows 🛑 Blue zone shows early signs of a local bottom 📈 A move toward the upper channel boundary is possible 📉 Volume hasn’t confirmed a breakout yet – market is watching 🧠 Our Assessment 📍 A local bottom appears to have formed in the support zone 📍 Buyers are defending – early higher lows, lack of downside pressure 📍 A move toward the upper boundary looks possible ⚠️ For a confirmed bullish reversal, we’d need:  🔹 Volume expansion during the breakout  🔹 A confirmed close above the resistance zone  🔹 No immediate drop back into the previous structure 🟰 Until then, the structure remains neutral with early bullish signs 📌 Conclusion ✅ Consolidation is intact – but the setup is maturing ✅ The market will decide at resistance – not before ✅ Structure over expectation – reaction is key 💬 What’s your take on this setup? Has a true base formed – or is this just the quiet pause before the next leg down? 🧭 Share your thoughts in the comments. What makes a breakout meaningful – and what doesn’t? 🧩 Because sometimes, the signal isn’t in the breakout itself, but in what the market chose to ignore right before it happened.
by WizTrader_Pro
🇬🇧 GBPAUD 4H Technical & Fundamental Analysis🇬🇧 GBPAUD 4H Technical & Fundamental Analysis GBP/AUD is currently facing resistance around the 2.0969 level , a zone where price has previously reversed. While this level has historically acted as a ceiling, the market has been printing higher highs and higher lows, suggesting bullish momentum leading into this resistance. However, this rally may not be as simple as it appears. We are observing signs of silent accumulation, potentially from market makers, along with pending buy orders being triggered by retail traders at this level. This sets up a classic scenario for a liquidity hunt — a move intended to liquidate buyers' stop-losses placed below a nearby minor key level. 🕵️ Strategic Plan: Wait for Manipulation 📌 Step 1: Wait for liquidity to be formed below the minor key level — this will signal possible manipulation (fakeout/liquidity grab). 📌 Step 2: Watch for price to reclaim the key level with momentum. 📌 Step 3: Entry will be considered at 2.09460 after confirmation of liquidity and break back above the minor key. We are now watching for a manipulation move — price breaking below the minor key level to collect liquidity, followed by a re-break above as confirmation of smart money re-entry. 📊 Trade Setup 📍 Area of Interest (AOI): 2.09460 🛡 Stop-Loss: 2.08300 (below liquidity zone) 🎯 Take Profit: 2.13270 (next potential resistance zone) 📐 Risk–Reward: 1:3 This setup is ideal for traders watching for smart money reversal patterns and liquidity plays on higher timeframes. 📰 Fundamental Outlook 🇬🇧 GBP Strength – Supported by Positive Data Strong UK Economic Data: Recent releases show higher-than-expected GDP growth, low unemployment, and resilient retail sales — reinforcing GBP bullish sentiment. Sticky Inflation: Inflation remains above the Bank of England’s 2% target, keeping the possibility of future rate hikes or at least delayed rate cuts alive. 🇦🇺 AUD Weakness – Dragged by Dovish RBA RBA Dovish Stance: The Reserve Bank of Australia has maintained a cautious tone amid softening domestic growth and falling inflation expectations, increasing the likelihood of future rate cuts — a bearish driver for AUD. 📌 Disclaimer: This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
Long
by RebornFXTrader
AUDUSD InsightHello to all our subscribers! Please share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - U.S. President Trump stated that “he received reports that the EU has reached out to quickly schedule talks,” calling it “a positive development.” - The Japanese yen strengthened as speculation grows that the Ministry of Finance may reduce the issuance of long-term government bonds. - The U.S. CB Consumer Confidence Index came in at 98, significantly beating market expectations of 87.1. Major Economic Events This Week + May 28: FOMC Meeting Minutes + May 29: U.S. Q1 GDP + May 30: U.S. April Core PCE Price Index AUDUSD Chart Analysis The pair is currently showing limited movement between the 0.64000–0.65000 range, suggesting a wait-and-see market stance. However, as higher lows are being formed, a potential upward trend appears likely. The projected resistance level is around 0.69000. Unless the price breaks below the support line at 0.63000, we will continue to view the outlook as bullish.
Long
by shawntime_academy
XAU.usd heads up at $3322: Serious Resistance may End our BouncePart of my ongoing analysis of Gold (see links below). We got a perfect ABC dip and now an ABC bounce. But the bounce could end at Genesis fib of $3322.95 If rejected, plan dip to Golden Covid fib at $3,222.15 . ============================= Previous Trade Ideas below (click) ============================= $2964 Dip to ATH trade call: First Dip wave to 3322 projected : Secondary Dip to $3100 hit PERFECTLY: Hit the LIKE to encourage more Precision charts like these ==================================================== .
OANDA:XAUUSD
by EuroMotif
Why I Think USDJPY Will Sell...Technical AnalysisHey Rich Friends, Happy Tuesday! I wanted to share my USDJPY analysis and why I think it will sell. This is only a technical analysis so please check the news and cross-reference your own charts. Here is what I am looking at: - Momentum is picking up for the sellers with red candles forming on H4, H1 and M15. - The stoch is facing down, both lines have crossed below 80, slow line (orange) is above the fast line (blue) which is a bearish confirmation for me. Additional information: - I will also wait to see if both lines of the stoch cross below 50 to confirm the down trend. - I will be setting sell stops and using previous highs as my SL and previous lows as my TPs. Good luck if you decide to take this trade, let me know how it goes. Peace and Profits, Cha
Short
by MoneyMantraCha
4
UVXY Index Stock Chart Fibonacci Analysis 052725Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 22.5/61.80% Chart time frame:A A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: D 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.
CBOE:UVXY
by fibonacci6180