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Support and Resistance

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
Cardano Wave Analysis – 23 June 2025- Cardano reversed from the support area - Likely to rise to resistance level 0.6000 Cardano cryptocurrency recently reversed from the support area between the long-term support level 0.515 (which has been reversing the price from November of 2023) and the lower daily Bollinger Band. The upward reversal from this support area stopped the C-wave of the earlier weekly ABC correction (B) from the start of May. Given the strength of the support level 0.515 and the oversold daily Stochastic, Cardano cryptocurrency can be expected to rise to the next resistance level 0.6000.
Long
by FxProGlobal
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
#RLCUSDT #1D (Binance Futures) Descending wedge on supportiExec RLC just printed a dragonfly doji which may have marked the bottom on daily. A morning star is drawing now, recovery towards 100EMA resistance seems around the corner. ⚡️⚡️ #RLC/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (4.0X) Amount: 5.9% Current Price: 0.9126 Entry Targets: 1) 0.9002 Take-Profit Targets: 1) 1.1854 Stop Targets: 1) 0.7859 Published By: @Zblaba GETTEX:RLC BINANCE:RLCUSDT.P #DePIN #AI #iExec iex.ec Risk/Reward= 1:2.5 Expected Profit= +126.7% Possible Loss= -50.8% Estimated Gaintime= 1 month
Long
by TradingOn
USoilLatest news. If the Strait of Hormuz is closed, the restrictions on the import and export of oil and natural gas will increase greatly. Because 20% of the world's oil and natural gas exports come from the Strait of Hormuz. So the trend of geopolitics will affect the closing and opening of this important checkpoint. If the increase in geopolitics really reaches this point, the price of oil may rise to 90$-100$. This is an excellent trading opportunity for investors who like to trade oil. But at present, this is an option for Iran to negotiate. Rather than a real closure, after all, the incident has not developed to this situation. If you like to trade oil. You can also follow me. Get brand new trading opportunities and make profits. Do not trade independently to avoid losses.
TVC:USOILLong
by Ludvig_Band_King
Nifty lost gains but it is a positive sign to close above 25KNifty in the Euphoria of ceasefire between Iran and Israel gained a lot of ground early in the day and made a high of 25317 but could not sustain the levels and lost massive 273 points due to profit booking to close the day at 25044. Although the loss was big but the silver lining is Nifty still ended the day 72 points in the green and closed above 25K levels. As there were news and claims related to ceasefire violations from both sides a lot of investors and participants were apprehensive of carrying long positions forward. If the things remain positive over night and if important resistance levels of 25116 and 25251 are crossed we might yet again see positive momentum building. Nifty Resistances remain at: 25116, 25251, 25317. Closing above 25317 will lead to further upside towards the next resistance levels of 25491 and 25660. Nifty Supports remain at: 25499 (Trend line support), 24713, 24521 (Mother Line Support) and 24463. closing below 24463 can had over the gains to the Bears who can drag index down towards Father line support of 23861. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
Technology ETF Flirts with New HighsTechnology stocks have been coming to life recently, and some traders may expect new highs soon. The first pattern on today’s chart of the SPDR Select Sector Technology Fund is last July’s peak around $238. As the fund retreated from that level, it began a period of underperformance. (See ratio chart in the lower study.) The weakness continued through April, when it started to outpace the broader market again. Second is $240.84, the final price on December 6 and the highest weekly closing price ever. XLK is on track to potentially surpass that level, which could confirm a breakout. Third, the 50-day simple moving average (SMA) is nearing a potential “golden cross” above the 200-day SMA. Is the longer-term trend turning bullish again? Finally, price action in this fund could be important for the broader market because technology represents almost one-third of the S&P 500 index. Standardized Performances for the ETF mentioned above: SPDR Select Sector Technology ETF (XLK) 1-year: +9.87 % 5-years: +135.69% 10-year: +432.42% (As of May 30, 2025) Exchange Traded Funds ("ETFs") are subject to management fees and other expenses. Before making investment decisions, investors should carefully read information found in the prospectus or summary prospectus, if available, including investment objectives, risks, charges, and expenses. Click here to find the prospectus. Check out TradingView's The Leap competition sponsored by TradeStation. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
AMEX:XLK
by TradeStation
Are you ready for the next wave of gold market?Gold fell back as expected after opening high. Today's strategy arranged long orders at 3350-3352, and successfully closed the market at around 3362 with profit. The subsequent three short orders also closed the market at a profit as expected. The points were perfectly predicted, and the long and short positions were perfectly grasped during the day. The strategic ideas were disclosed in advance and all were fulfilled. At present, the overall trend of gold is still bullish, and it is in the adjustment stage in the short term. The large range this week is 3340-3405. Although there is a rebound, the upward pressure is still not small, and the gold price may continue the wide range of long and short fluctuations. Pay attention to the 3355-3340 area below. In terms of operation, long orders are arranged according to the strength of the retreat; pay attention to 3385 in the short term above. If it can effectively break through, look at 3395-3405. The strong pressure is still at the 3405 line. If it does not break, it will still fall under pressure. On the contrary, if it stabilizes, it is expected to hit last week's high. Operation suggestion: When gold falls back to around 3355-3340, long orders can be arranged in batches, with the target at 3370-3380. Short orders will be adjusted according to the real-time market, please pay attention to the bottom 🌐 notification for specific points.
OANDA:XAUUSDLong
by TP_Daniel
DeGRAM | EURUSD growth in the channel📊 Technical Analysis ● The chart for EURUSD, as indicated in the upper right corner, displays a classic descending wedge pattern, which is typically a bullish reversal signal. Price action has respected the wedge’s lower boundary multiple times, forming a series of higher lows while sellers failed to push the pair below the 1.0670 support zone. The most recent candles show a decisive breakout above the wedge’s upper trendline, accompanied by increased volume, suggesting that buyers are regaining control. This breakout is further validated by the RSI indicator, which has moved out of oversold territory and is now trending upward, confirming the shift in momentum. ● The technical setup is reinforced by the presence of a horizontal resistance level at 1.0750, which has acted as a magnet for price in previous attempts. The chart also highlights a bullish engulfing pattern on the daily timeframe, signaling strong demand and a potential continuation toward the next resistance at 1.0820. The moving averages are beginning to converge, with the shorter-term MA crossing above the longer-term MA, a classic bullish crossover that often precedes sustained upward movement. These factors collectively point to a high-probability scenario for further gains in the EURUSD pair. 💡 Fundamental Analysis ● Recent fundamental developments support the bullish technical outlook. Over the past two days, the Federal Reserve has maintained its policy rate, but forward guidance has hinted at a possible rate cut later this year, which has weighed on the US dollar. Meanwhile, the European Central Bank has adopted a more cautious stance, with the probability of a near-term rate cut decreasing as inflation data remains sticky in the eurozone. Additionally, easing geopolitical tensions in the Middle East and stable US retail sales have reduced safe-haven demand for the dollar, further supporting the euro’s advance. ✨ Summary ● A confirmed breakout above the descending wedge and bullish momentum indicators suggest a long entry on EURUSD above 1.0750, targeting 1.0820. The bullish scenario remains valid as long as price holds above the 1.0670 support. A close below this level would invalidate the setup and call for a reassessment of the trend. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support
Long
by DeGRAM
1
Buy gold first, and short on gold after filling the gapGold is currently continuing to retreat, and the lowest has reached around 3333. Gold is quite weak, and the bears have completely taken the upper hand. The overall center of gravity of gold is shifting downward, and the short-term support below is 3330-3325. Once gold falls below this support area, gold may continue to fall to 3300, or even 3280; since gold has fallen to the 3340-3330 area, we cannot rush to short gold in the operation, because there is a technical gap above that needs to be filled, so gold still has a rebound to 3360-3370 in the short term. Therefore, before gold falls below the short-term support of 3300-3325, we can appropriately consider going long on gold; after gold rebounds technically and fills the gap above, we can consider continuing to try to short gold in the 3360-3370 area.
OANDA:XAUUSDShort
by Steffen_Schade
Will the gold bearish trend continue? 💡Message Strategy The gold market is facing a complex game of long and short factors in the near future. On the one hand, US President Trump announced that Iran and Israel had reached a "comprehensive ceasefire", and the market's risk aversion demand plummeted, and gold was under obvious short-term pressure. However, according to Reuters, Israel still has small-scale military operations, which has led to differences in the market's optimism about the situation in the Middle East, and the downward space of gold is temporarily limited. On the other hand, US economic data is mixed. In June, the S&P global manufacturing PMI remained unchanged at 52, the service industry PMI fell slightly to 53.1, and the composite PMI fell slightly to 52.8, suggesting that the momentum of economic expansion has slowed down marginally. More importantly, Fed officials have released dovish signals one after another. Fed Governor Bowman expressed concern about labor market risks and supported interest rate cuts this year, echoing Governor Waller's expectations of a rate cut in July. This adjustment in monetary policy expectations has led to a weakening of the US dollar, providing some support for gold prices. 📊Technical aspects 1. Pay attention to the defensive position at the weekly level. As time goes by, this position is now in the 3316-3315 area. After breaking 3333 at noon, it accelerated to reach here, so pay attention to the gains and losses here in the future, so as to prepare for the next space switch 2. The daily line has been defending the lifeline for nearly a month. The current lifeline position is 3355. No matter how it pierces in the previous process, the final closing line must return to the top of the lifeline, thus becoming a support area This means that today's closing is very critical. It can be closed below the lifeline, and then switch space downward to enter the area from the lifeline to the lower track 3355-3280 3. The four-hour pattern opens downward. Yesterday, the resistance of the upper track of the pattern was determined twice, and then it began to fall continuously, fell back to the lifeline, and then fell below the lower track of the pattern. Now it is further down and breaking the low Then, keeping high is the key, breaking low is the focus. The previous starting and falling acceleration points are 3357 area, 3370, and finally 3388-3390. Today's high point is 3370 area. The resistance range of 3357 is determined at noon. The pattern opens downward. Keep high and break low to see acceleration. After breaking the high point, it returns to sweeping. 4. The double lines of the hourly chart are glued together to form a pressure area. The interval of 3355-3370 just coincides with the two resistances above. Use this as suppression to switch space downward. 5. The large channel cooperates with the small channel. The price falls below the lower track position of the large channel and begins to switch space further downward. The top and bottom conversion position is 3340, and the final acceleration starting point is 3348. Use this as suppression, and look down to the weekly defense line area of ​​3316-3315. If it falls below, the next support will focus on the 3300 mark. If it breaks 3300 again, the next position is 3280 💰Strategy Package Short Position：3348-3354，SL：3375，Target: 3300-3310 Long Position:3280-3290，SL：3260，Target: 3340
TVC:GOLDShort
by TheodoreSilas
BTCUSD Descending channel breakout bullish possible from SupportBTCUSD Breakout Alert! 1H Timeframe Analysis Bitcoin has broken out of the descending channel with a strong bullish candle — signaling a potential reversal from the key demand zone around 103,600. 📈 Technical Targets: 🔹 First Target: 108,000 🔹 Second Target: 110,000 This breakout could offer a solid long opportunity, but as always — manage risk wisely! ✅ 💬 What’s your bias? ❤️ Like | 🔁 Share | 💭 Comment 📲 Join us for more real-time updates and insights! #BTC #Bitcoin #CryptoTrading #TechnicalAnalysis #Breakout #BullishMomentum
BITSTAMP:BTCUSDLong
by LIVIATRACK
CADJPY..BUY📈 On the daily timeframe, CADJPY is in a clear uptrend. 🔁 After a healthy correction, price has reached our key support level, and I’m ready to enter a long position here. ⚠️ As always, if this level breaks and the market moves against us, I’ll open a risky short trade until we reach the next buy zone. 📉 The market does whatever it wants—nothing is guaranteed. ✅ We’re here to use smart risk management and make profit in every possible scenario. For detailed entry points, trade management, and high-probability setups, follow the channel: ForexCSP
Long
by ForexCSP
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
Dow Jones Gains on Rate Cut Hopes and Ceasefire Relief US30 OVERVIEW Wall Street Rises on Fed Rate Cut Hopes and Geopolitical De-escalation The Dow Jones (US30) remains under bullish pressure, supported by rising expectations of a Federal Reserve rate cut later this year and a ceasefire agreement between Iran and Israel, which has eased market tensions. TECHNICAL OUTLOOK – US30 The price maintains a bullish bias as long as it trades above the pivot level at 42,810, with upside potential toward the key resistance at 43,210. A short-term bearish correction is possible toward 42,810 or even 42,670, but the broader structure remains bullish above these levels. Resistance Levels: 43,060 → 43,210 → 43,350 Support Levels: 42,670 → 42,420 → 42,160 A sustained break below 42,670 could signal deeper correction, while a clear move above 43,210 would confirm continued bullish momentum.
OANDA:US30USDLong
by SroshMayi