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Support and Resistance

GBPNZD - Bullish Continuation in Play?OANDA:GBPNZD is currently trading within an ascending channel, indicating a strong uptrend. The price has broken above a key resistance zone and may now be pulling back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation. If buyers confirm support at this level, the price is likely to move upward toward 2.26160, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have! 🚀📈
Long
by DanieIM
1
EURAUD – Bullish Continuation Toward 1.68270OANDA:EURAUD is currently trading within an ascending channel, maintaining a strong bullish structure. The price has broken above a key resistance zone and may now be pulling back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation. If buyers confirm support at this level, the price is likely to move upward toward 1.68270, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have! 🚀📈
Long
by DanieIM
1
Continue to short around 2875-2880Gold, the bears retreated again last Friday, and fell from the highest near 85 to around 32, with a decline of around 53. The daily line continued to close in the form of a negative line, and it rebounded and corrected in the early morning and closed near 55. After opening in the morning, it quickly rose to a high of 76 and then temporarily retreated. It is currently consolidating near 63. Combining last week's trend, last week's highest was around 2956 and the lowest was around 2832, with a decline of around 123 US dollars. The weekly line also closed in the form of a large negative line and broke through the 5-day moving average. The key support below will likely be maintained at the 10-day moving average, which is also the position below The integer level of 2800, and the bulls quickly pulled back in the morning. In the continuous decline, this action is not conducive to the bulls. On the contrary, the rapid rise in the morning is generally poor in continuity. We will continue to short and wait, and the support below is also the starting point of the morning, 55. If the gold rebounds around 2875-2880, we will continue to short. Friends who have entered my bottom article have all obtained wrong profits as long as they follow my trading signals. If you want to receive detailed trading signals, you can move your fingers and join my bottom article to make making money a matter of course! I am full of enthusiasm to help you, but if you are unwilling to even extend your hand, how can I help you!
OANDA:XAUUSDShort
by TP_Daniel
SP500 – Holding Above Key Pivot! Breakout or Rejection? SP500 – Key Pivot Zone Holding! What’s Next? 🚀 SP500 is currently stabilizing above the pivot zone (5,960), maintaining a bullish structure. 🔼 Bullish Scenario: As long as 5,960 holds, the market could push toward 5,995 and 6,010. A breakout above 6,010 could extend gains toward 6,031 and higher levels. 🔽 Bearish Scenario: A 4H close below 5,960 may indicate weakness, opening the door for a drop to 5,938 and 5,920. If selling pressure increases, the next major support is around 5,879. 📍 Key Levels to Watch: Pivot Line: 5,960 🔼 Resistance: 5,995 | 6,010 | 6,031 🔽 Support: 5,938 | 5,920 | 5,879 ⚡ Outlook & Trade Plan: The bullish bias remains valid while SP500 trades above 5,960. Watch for a 4H candle close to confirm the next breakout or rejection. A breakout above 6,010 could signal a strong continuation toward 6,031+. ⏳ Stay patient and wait for confirmation before entering trades!
OANDA:SPX500USDLong
by SroshMayi
FURTHER SHORTS BEFORE THE NEXT BIG PUSHXAU/USD 4H - As we know the Gold spot is something that is always appreciating in price, and its something that will continue to. However price is in the mids of a correction and this is to pick up more Demand. By price coming down and trading into the area I have marked out lower, it allows us traders to get involved in this market at a better price and it also means that we can ride the next wave to the upside. Now because we have been delivered with a break to the downside, that suggests that this correction is here to stay and that area of Demand lower down is a good area of interest to take profit. So we could look to take part in short positions with this market, riding the wave lower, taking advantage of the correction before the next big impulse, as we know though doing this does hold risk so be cautious.
FOREXCOM:XAUUSDLong
by Lukegforex
US30 – Key Pivot Zone Breakout or Rejection?US30 – Technical Analysis & Market Outlook (3 March) Market Overview: US30 is currently trading near a critical pivot zone around 43,867, where price action suggests a potential breakout or rejection. Recent price structure indicates consolidation within a tight range, awaiting a decisive move. 🔼 Bullish Scenario: A confirmed break and 4H candle close above 43,900 would signal bullish continuation. Key upside targets: 44,080 → 44,220 → 44,404. A breakout above 44,404 could open the door for a push toward 44,750+. 🔽 Bearish Scenario: Failure to break 43,900 or a strong rejection from this level could lead to a retracement. A 4H close below 43,760 may confirm a bearish move toward 43,590 → 43,212. Deeper bearish continuation may extend toward the 42,769 support zone if selling pressure intensifies. 📍 Key Levels to Watch: 🔸 Pivot Zone: 43,867 🔸 🔼 Resistance: 44,080 | 44,220 | 44,404 🔸 🔽 Support: 43,760 | 43,590 | 43,212 ⚡ Outlook & Trade Plan: As long as US30 holds above 43,760, the bullish bias remains valid. A clean breakout above 43,900 could trigger a strong upside move. A drop below 43,760 would shift momentum bearish, targeting lower supports. ⏳ Patience is key – wait for confirmation before entering positions! 📊 Do you agree with this setup? Drop your thoughts in the comments! 💬👇
OANDA:US30USDLong
by SroshMayi
PREPARING FOR SOME BUYSGBP/USD 15M - This market is showing great signs of a continuation to the upside, as you can see price has traded recently into an area of Demand and has broken structure to the upside. We have seen that the last high that created the lowest low trading into the Zone has been broken above, suggesting enough Demand has been introduced to take this market long. Now the market may have gone without us right now but I am expecting price to pullback to collect more Demand in order to see price continue trading us higher. I would like to see price trade up and into the Supply Zone above. This would be an area at which we would take profit and prepare for longer term short trades, its important we are just delivered with the confirmation needed to get involved in both trades. Once price pulls-back into our zone I will be looking for entry confirmation.
Long
by Lukegforex
THOUGHTS FOR USD/CHFUSD/CHF 30M - We have seen price trade into a higher timeframe Supply Zone above and deliver us with a break of structure to the downside, this is great news as it tells us enough Supply has been introduced to flip the balance. We want to see price now pullback temporarily, trading us up and into a fractal area of Supply found within the impulse that broke structure initially so we can enter in on this market. Once price trades into this Supply Zone we want to see price break down again, breaking structure to the downside, again giving us the confluence that price is no longer correcting itself and that price has gone ahead and set its lower high. This gives us the confirmation to look to enter short in this market, so once price breaks structure again fractally after trading into that zone I will be looking to get involved in this market in some short trades.
Short
by Lukegforex
3.3 Gold has not broken 2800, shorting goldThe main idea of ​​short-term gold trading this week is to follow the trend and go short. In the next trading rhythm, the upper short-term pressure will focus on the area around 2880-2890. As long as this pressure point is not broken, there will be room for continued decline. However, there is a possibility of divergence in the current indicators. In the short term, as long as the rebound exceeds 2880, it will drive the Bollinger Bands to close and there will be room for growth. Therefore, the current strong trend point is 2880. At the beginning of this week, you can rely on this position to see a rebound. If it does not break 2880, you should go short first. Brothers, profit is the ultimate goal of trading, and accumulating profits is what changes your life and destiny. Wise choices are far more important than hard work. If you want to copy trading signals, earn stable profits, or want to learn in depth about the correct trading logic and techniques, you can consider joining the channel at the bottom of this article.
OANDA:XAUUSDShort
by GoldKing_Allen
2
GOLD| THE DAILY DECLINE WILL BEGIN BELOW BREAKOUT ZONEGold prices by the "breakaway gap" rose on Monday, helped by a weaker dollar, while a delay in finding peace in Ukraine and concerns over the U.S. tariff policy fueled safe-haven demand for the metal. Despite this upward movement, gold remains under selling pressure and continues to trade within a strong support zone. A sharp upward movement is anticipated, potentially reaching 2,879, before a subsequent decline aimed at breaking this support zone by surpassing the 2,858 level. Should the price move below this threshold, the downward trend is expected to persist, with targets set at 2,833 and 2,810. It is crucial to remain informed about any statements or policy decisions made by former President Trump regarding tariffs, as such developments could significantly influence gold’s trajectory, leading to heightened market volatility. However, a breakout above 2,879 by a 4-hour candle will drive prices higher toward the 2,905 level. Bearish target: 2858, 2833, 2810 Bullish target: 2879, 2905, 2935 Your feedback is valuable! If you agree or see something different, comment below—let’s exchange ideas!
OANDA:XAUUSDShort
by ArinaKarayi
Sunac China Holdings: A Distressed Developer’s Road to RecoveryThe Chinese real estate market has been in turmoil, with developers facing liquidity crises and mounting debt. Sunac China Holdings Limited (1918.HK), once a dominant player, has struggled to regain stability following severe financial distress. After defaulting on its offshore debt in 2022, Sunac embarked on an extensive restructuring process to avoid collapse. Financial Troubles and Restructuring Efforts In 2023, Sunac successfully completed a $9 billion offshore debt restructuring, converting part of its obligations into long-term bonds and equity. The restructuring reduced immediate repayment pressures but did not eliminate financial risks. By the end of 2024, Sunac’s total assets stood at approximately RMB 880 billion ($123 billion), while total liabilities remained elevated at RMB 972 billion ($136 billion). Sales performance has been weak, reflecting the broader industry downturn. Sunac’s contracted sales for 2024 reached RMB 104 billion ($14.5 billion), down from RMB 523 billion ($73 billion) in 2021, highlighting the impact of regulatory crackdowns and reduced consumer demand. However, its cash balance improved slightly to RMB 38 billion ($5.3 billion), aided by asset disposals and government easing measures. Market Conditions and Government Support China’s property sector remains fragile, but recent government policies offer some support. Mortgage rates have been lowered, and restrictions on home purchases in key cities have eased, which could provide a demand boost. Sunac, with its extensive portfolio, stands to benefit from these policy adjustments, though recovery will be gradual. Stock Performance and Investment Risks Sunac’s stock has been highly volatile. Trading at HKD 1.80 in early 2025, it remains far below its peak of HKD 42 in 2020. Despite restructuring, Sunac’s high debt burden and ongoing project delays pose significant risks to investors. Credit rating agencies still classify Sunac’s bonds as distressed, with yields reflecting continued default concerns. Investment Outlook For high-risk investors, Sunac presents a speculative opportunity. If China’s property sector stabilizes and Sunac can improve sales, there is upside potential. However, liquidity risks remain high, and its ability to meet long-term obligations is uncertain. Investors should approach with caution, considering the ongoing financial and regulatory challenges.
HKEX:1918
by juliakhandoshko
Gold can make money both long and shortGood morning, bros! Today is the beginning of a new week of trading. I pray that everything goes well for us this week! Gold is currently calm, but behind the calm there are often greater opportunities. Gold is currently trading around 2860. To be honest, when gold fell to around 2830 last week, gold has turned from strong to weak. However, gold once rebounded to above 2855 on Friday, proving that there are still a certain number of bulls who are engaged in self-rescue behavior, or are still relatively optimistic about the prospects of gold. So gold may still have good rebound momentum during the decline, so we should not blindly chase short gold in trading. Then if gold does not fall below 2855 during the decline, gold is likely to rebound to the 2870-2880 area, or even 2890. So for short-term trading, we have two feasible trading methods: 1. After gold retests to the 2860-2855 area, you can try to go long on gold; 2. After gold rebounds to the 2875-2885 area, we can go short on gold again Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
OANDA:XAUUSDShort
by Trader_Marvin
USNAS100 – Key Levels & Breakout Watch (3 March) 📊 USNAS100 – 3 March Market Outlook The price is expected to consolidate between 20,990 and 20,870 until a breakout occurs. 🔹 Bullish Scenario: If the price closes a 4-hour candle above 20,990, this could trigger a push toward 21,166 and higher levels. 🔹 Bearish Scenario: A close below 20,870 would confirm a move into the bearish zone, targeting 20,670. 📍 Key Levels to Watch: Pivot Line: 20,990 Resistance: 21,160 | 21,390 Support: 20,790 | 20,670 ⚡ Outlook: Price action remains neutral until a breakout. Watch for key 4-hour candle closes to confirm the next move.
OANDA:NAS100USDLong
by SroshMayi
ES - Day Trading Analysis With Volume ProfileOn ES , it's nice to see a strong buying reaction at the price of 5882. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. (FVG) - Fair Value GAP and high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Dale
CME_MINI:ES1!
by Trader_Dale
1
The bearish trend continues! 2895 continues to be bearish!On Friday night, the gold market was like a thrilling blockbuster with ups and downs. The gold price fell rapidly, and the big negative line fell directly to the 2830 line, as if a violent plunge was about to hit. However, the market did not fall all the way, and it was obvious that the power was not enough to achieve a deep plunge at the moment. From the technical analysis, at the daily level, the K line is a series of big negative line entities, the short-selling force is dominant, and there is no strong support below, and the subsequent decline may be brewing. Therefore, continuing the high-altitude operation strategy is a wise choice at the moment. Looking at the four-hour line again, the gold price is firmly suppressed by the moving average. Every time there is a slight sign of rebound, it is like a fragile bubble, which is ruthlessly punctured by strong shorts as soon as it emerges. The upper 2895 and 2905 lines constitute obvious resistance levels. The rebound of the K line here is just a short respite, not a trend reversal. Below these two key resistance levels, the short-selling advantage is obvious. The strong degree of this wave of big short-selling market from the high of 2955 to the 2830 line is obvious to all. Friends who have entered my bottom article have all obtained the wrong benefits as long as they follow my trading signals. If you want to receive detailed trading signals, you can move your fingers and join my bottom article to make making money a matter of course! I am full of enthusiasm to help you, but if you are not willing to extend your hand, how can I help you!
OANDA:XAUUSDShort
by TP_Daniel
USNAS100USD| FACE RESISTANCE AT 21,030 AMID TARIFF UNCERTAINTYNasdaq 100 futures recorded a 0.25% gain on Monday, reaching the resistance level of 21,030 amid ongoing uncertainty regarding former President Donald Trump’s proposed tariffs on key U.S. trading partners this week. The price exhibited a modest increase before retreating below a critical resistance zone, which ranges between 21,385 and 21,030. This zone plays a pivotal role in determining the future price direction. At present, the price remains below this level, indicating a bearish outlook as long as it continues to trade beneath it. Accordingly, a decline from 21,030 towards the support zone between 20,545 and 20,345 is anticipated. Moreover, if sellers exhibit strong momentum and successfully breach this support zone following a brief correction, a more pronounced and sustained decline is likely to ensue. A breakout above the resistance zone is necessary to reinstate the bullish trend. Bearish target: 20,545. 20,345. 20,110. Bullish target: 21,030. 21,385. 21570. Traders, if you find this analysis helpful or have your own insights, drop a comment below! I’d love to hear your thoughts.
OANDA:NAS100USDShort
by ArinaKarayi
BTCUSD|Bitcoin Rallies on Trump’s Crypto Reserve – What's Next?Bitcoin's price surged on Sunday following President Donald Trump's announcement of the establishment of a strategic crypto reserve for the United States, which will include Bitcoin and Ethereum. Aside from technical chart analysis, we must remain prepared for any potential decision by Donald Trump that could significantly impact Bitcoin’s direction. Bitcoin Price Analysis: 4H Timeframe Currently, Bitcoin is trading within a strong support zone. The price recently touched 91.607 as a correction, from which it is expected to push upwards and stabilize above 93.666 if not long correction phase to 88.730 and below it. If it successfully holds above this strong support zone 91.607–93.666, it could continue rising towards 96.721. To confirm a further bullish trend, the price needs to break out of the current channel and establish stability above it with at least a 4-hour candle closure. If this occurs, the next key target will be 99.139, confirming the activation of a bullish trend above the resistance zone. However, there is also a possibility that the price will extend its correction phase down to 88.730 before beginning an uptrend. If Bitcoin breaks below 88.730, it could fall further to 86.041. Bearish Target: 91.607, 88.730, 86.041. Bullish Treaget: 93.666, 96.721, 99.139.
BINANCE:BTCUSDLong
by ArinaKarayi
3.3-day gold latest trend analysis and online guidanceTrump's latest tariff speech overshadowed the impact of signs of economic growth slowdown, boosted the US dollar, and caused gold prices to continue to fall. As of now, the lowest is around 2833. If tariff measures trigger a full-scale trade war, the global economy may fall into recession, and gold as a safe-haven asset will also be supported in the long term. However, as countries reach an agreement through negotiations to ease trade tensions, risk aversion may weaken, the support for gold prices will decline, and gold may fall further in the market outlook. Today, gold opened high, reaching a high of around 2876. It is currently in a state of shock. From a technical point of view, the gold market is currently in an extremely weak state in all cycles, especially the daily cycle has now fallen below the support point of the Bollinger middle track, and the K line has a large negative state. According to this state, gold has now turned from extremely strong to extremely weak. If it continues to fall, pay attention to the low point of last week near 2832, so at the beginning of this week, we need to pay attention to the continuity of the decline in the daily cycle. After three consecutive trading days of decline last week, the lower Bollinger band opened. Logically, this strength should continue. The current rebound is suppressed near 2880. As long as this suppression point is not broken, there is room for continued decline, but the current indicators are likely to diverge. In the short term, as long as the rebound exceeds 2880, there is still room for the Bollinger band to close. Specific operation idea: first follow the trend and finish the short position. Although it opened higher on Monday, we will prompt the short position around 2865-2875 on the weekend. There is also a 10-point profit in the morning. The current low has stopped rebounding around 2832, which shows that this position still has certain support. At the beginning of this week, you can rely on this position to see the rebound. If it does not break 2880, it is still necessary to go short first. If it does not break 2880, you still have to go short first. Friends who have entered my bottom article have all obtained wrong profits as long as they follow my trading signals. If you want to receive detailed trading signals, you can move your fingers and join my bottom article to make making money a matter of course!
OANDA:XAUUSDShort
by TP_Daniel