XAUUSD - High possibility of volatile market opening (20250616)Well, it is quite obvious we have a volatile geo-political crisis this weekend, so market may overreact once again to bring Gold to at least 3500 opening.
Looking at volume, though Gold is in uncharted territory and it can be move as high as 3550 - 3600, I rather play for a quick profit.
Hope later this Sunday, we can find some positive news that can at least hold the surge of Gold to minimum.
Trade safe, Trade wisely. Monday will be a very volatile opening.
Trendanalyisis
USDJPY higher bullish for exepct
FX:USDJPY PA based analysis, price is bounce few times on bottom line of PA, last we have bullish push with short revers till zone 144.000, which taking here for sup zone from which expecting higher bullish continuation.
Technicalls are here same strong bullish for expect
SUP zone: 144.000
RES zone: 146.900
PYPL: Strong Resistance Zone in Play – Watch 73.34 for EntryNASDAQ:PYPL is showing a potential triple top formation near the 73 level. If price breaks above the 73.34 resistance , there's room to move toward 74.15 – a medium-term swing high.
💡 Trade idea: Enter 1 tick above 73.34, set your target and SL based on the 5-minute chart.
THE KOG REPORT THE KOG REPORT
In last week’s KOG Report we said we would be looking for price to attempt the high, fail and make the move downside. This worked well in the early part of the week giving traders a fantastic capture for the short trade into the red box target levels which were all complete. During the week we update trades with the plan to long, and although there was a break from the red box, our lower red box bounced price giving the long trade completing the move.
It was only towards the end of the week where we started ranging that we only managed to capture short scalps on the upside move before the suggesting we call it a day, thankfully before the small decline from the level.
So, what can we expect in the week ahead?
We have a key level here of 3310-6 which has been a previous pivot in this range and is holding price down at the moment. This now make a crucial support region forming at the 3280-5 level with extension of the move into 3275. If this level holds and the red box reacts, we can see price push up from here and attempt to target the 3400 level again, which is towards the top of the range.
It’s this lower red box that needs to be watched for the break, as a break here will target the 3250-55 region initially and then go for the potential swing low around the 3210-2- region which in this scenario maybe the ideal long trade.
As always, we’ll update traders through the week with our analysis and red box target levels but for now, let’s see if we gap on open. Please remember, the market gaps with intention, the intention is usually to get traders in chasing the gap as soon as they see immediate exhaustion, this hardly ever works on gold and BTC especially. We’ve back tested the stretch, so please play caution on chasing gaps.
More choppy and ranging price action expected!
KOG’s bias of the week:
Bullish above 3285 with targets above 3306, 3310, 3321 and 3335
Bearish below 3285 with targets below 3267, 3255 and 3240
RED BOXES:
Break above 3290 for 3297, 3306, 3310, 3320 and 3330 in extension of the move
Break below 3280 for 3277, 3270, 3267 and 3255 in extension of the move
Many of our followers and traders have seen the power of the red boxes, Imagine this on your own TV screen, 4H for swing trading, 1H for day trading and 15min for scalping. Any pair on any chart 23hrs a day. Add to that the Knights indicator giving you swing points, key levels and retracement levels and our custom volume indicator telling you when to long, when to short and when to stand back from your trades.
LEARN AND GENERATE YOUR OWN SIGNALS. You don't need any of us to guide you.
KEY LEVEL 3237!
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
Bitcoin's Breakout Fizzles: Is a Major Reversal in Play...?Bitcoin Technical Analysis – In-Depth Breakdown
Over the past two months, Bitcoin has exhibited a strong bullish trend, appreciating by approximately 51%. The sustained rally was primarily driven by bullish momentum, increased investor confidence, and broader market sentiment.
Recently, Bitcoin broke through its all-time high (ATH) of 106,500, surging to a new peak near 112,000. However, this breakout was short-lived as the price failed to sustain above this level, indicating significant profit-taking activity by traders and long-term holders. This inability to hold the ATH region highlights a potential liquidity pocket where sell orders accumulate, resulting in a rejection wick and a subsequent reversal.
From a Technical perspective:
The price has now fallen back below 106,500, turning this key level into a major resistance zone. Historically, once a strong resistance level (like an ATH) is breached and subsequently reclaimed, it often acts as a formidable barrier to upward price movement unless there’s renewed bullish momentum.
Additionally, Bitcoin has broken its ascending trendline (drawn from the lows of the uptrend) and has already retested this trendline from below. The retest was successful in confirming the breakdown, which further strengthens the bearish bias.
The price structure is now forming a potential lower high pattern near the 106,500 resistance. This could signal a shift in market sentiment from bullish continuation to consolidation or correction.
In terms of market psychology, the all-time high region represents a crucial psychological barrier. Traders and investors often exhibit heightened caution near such levels. Many choose to lock in profits due to fear of a double top or a false breakout. This behavior can create increased volatility, especially when combined with institutional and retail order flows.
Trading Strategy and Risk Management
Given the technical breakdown and the psychological factors at play:
✅ A short position can be considered, particularly around the 106,500 resistance, with confirmation from the trendline retest.
✅ However, exercise caution due to the high volatility typically observed near ATH levels. Whipsaws and fakeouts are common as both bulls and bears battle for control.
✅ Avoid high-leverage positions unless you have a strict stop-loss in place. Ideally, place the stop-loss just above the 106,500 - 107,000 zone, where a decisive breakout would invalidate the short setup.
✅ For profit targets, initial supports are seen around 100,000 - 98,000, and a deeper correction could test the 94,000 - 92,000 zone.
✅ Wait for clear confirmation, such as a strong bearish candle on the retest of the resistance, before entering the trade.
THE KOG REPORT Bank Holiday tomorrow so we'll keep it simple and update the KOG Report on Tuesday ready for the week ahead. Please have a look at the last few KOG Reports to see how it went, wasn't a bad week at all.
This week, immediate red boxes are on the chart, there is a red box active above and the indicator is suggesting a potential retracement on the move. So we'll look for price to attempt the high, if failed we can expect the move downside into the order region where we may settle.
RED BOXES:
Break above 3365 for 3370, 3376, 3381, 3390 and 3403 in extension of the move
Break below 3350 for 3343, 3335, 3330, 3323 and 3310 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
Pimp Your Indicators – A Smoothed Take on RSIYou don’t need to reinvent the wheel to find new and effective trading tools. Often, enhancing classic indicators with a few thoughtful modifications can yield surprisingly powerful results. Here’s a simple yet effective way to upgrade the RSI and turn it into a more actionable entry signal.
The Relative Strength Index (RSI) is a widely used oscillator that ranges from 0 to 100, providing a measure of upside momentum within a given timeframe. For example, an RSI reading of 60 implies a 60% upside dominance based on recent price action. Traditionally, traders interpret levels above 70 as overbought and below 30 as oversold. However, RSI on its own isn’t reliable as a standalone entry trigger. An overbought reading doesn’t necessarily mean the market is losing strength—it simply indicates recent data reflects a strong upward move.
Smoothed RSI Approaches
To extract more useful signals, we can enhance the RSI in a couple of simple but effective ways:
1. RSI vs. RSIMA (RSI Moving Average):
One approach is to smooth the RSI itself by calculating a moving average of the RSI (call it RSIMA), and then observe the difference between the RSI and its moving average. A positive difference suggests bullish momentum; a negative one, bearish. This approach reduces some noise but can still result in a choppy indicator, as seen in the subplot of the reference chart.
2. RSI on Smoothed Price (RSI5M):
A more refined method involves smoothing the price before calculating RSI. Specifically, apply a 5-period EMA (Exponential Moving Average) to the price series, then compute the RSI on this smoothed series—let’s call it RSI5M. The key insight is to then analyze the difference between RSI5M and the standard RSI. This difference creates a smoother, more robust signal that better captures market bias.
Why It Works
In uptrends, the EMA(5) smooths out short-term fluctuations and highlights the prevailing trend more clearly than raw price data. As a result, RSI5M tends to rise faster and higher than the standard RSI. The difference between the two becomes positive in uptrends and negative in downtrends, making it a useful gauge of directional momentum. This effect is illustrated in the lower subplot of the reference chart, where the smoothed signal offers a clearer view of market regimes.
Ready-to-Use Script
If you're not into coding, you can explore the public script of the Parsifal.RSI.Trend indicator on TradingView. It implements a slightly refined version of this smoothed RSI differential and provides a clean visual cue for trend bias.
A little bit of tiny help that offer great resultsprnt.sc
As always I based my charting on trend following method, but knowing where the exhaustion is crucial in helping when to take profit or make a sniper entry.
As I always rely on periodic Volume Profile, recently I switch to using Luxalgo Liquidity and Sentiment Profile. For timeframe 30 mins and lower, I used the fixed range with a total of bars per timeframe as my range. For 1 hour and 2h, I will used the weekly setup.
So far it brings great combination results. Check above link for my current open trade.
XAUUSD UPDATE : FED INTEREST RATE DECISION hello & happy weekend everyone
For coming week trade forecast. From the left side, the daily chart indicates that a breakout has occurred, and the current increase is a temporary pullback. If a rejection happens at the 0.236 daily retracement and the trendline on 1 hour chart successfully pushes the price downward, I see an opportunity to short towards the upcoming Fed interest rate decision.
And I am very grateful for the support given, especially in some of the previous trades. I hope that my trade plan can help traders identify the direction to enter the market.
good luck all
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
Thanks a lot for your support
AT&T I Tipping Point : Short Opportunity with Head & ShouldersHey traders after a previous trade trade on the hood hitting targets of 16.4%. Today I bring you NYSE:T
Technical + Fundamental View
Pro Tip
- Breakdown below the Entry Line will be considered at Trade Initiation. (Risky Traders)
R:R= 5.4
- Rest can follow entry at day close post breakdown SL above Entry Candle.
- The Breakdown Below the Entry Line will confirm the head and shoulder pattern
Entry Line - 26.93
Stoploss - 27.53
Target 1 - 25.59 (Neckline of head and shoulder)
Target 2 - 24.74
Target 3 - 23.68
Technical View
- Head And Shoulder on Daily Time frame
- On the hourly timeframe, the chart looks weak, showing a potential double top pattern where the second peak is lower than the first, indicating growing investor fear.
Fundamental View
- High Debt: Over $140 billion in debt limits investment capacity and consumes significant cash flow.
- Network Issues: Poor service quality and outages risk losing customers to competitors.
- Strong Competition : T-Mobile and Verizon offer better plans, making customer retention harder.
- Market Saturation: The U.S. wireless market is nearly saturated, limiting new customer growth.
- Execution Risks: Growth and debt reduction depend on flawless asset sales and network upgrades; delays could harm finances and stock performance.
Additional Considerations
- AT&T’s valuation is higher than some peers, potentially capping upside.
- Telecom market competitiveness means growth hinges on successful 5G and fiber rollouts.
- Dividend yield (~3.9%) is attractive but lower than some rivals, which may impact income investors.
Zinc (ZINC) – Technical Analysis 1WThe price has broken below the 1W trendline, confirming a bearish scenario. After a fake breakout, the price moved downward and is now targeting 2551 and 2283. A breakdown below these levels could accelerate the decline. RSI shows weakening momentum, MACD signals a bearish crossover, and EMA 50/200 suggest further downside. Fundamentally, zinc prices depend on industrial demand, macroeconomic conditions, and USD strength. The main scenario is a drop to 2551 and 2283, while a recovery above 2900 could push prices toward 3100.
Weak US Economic Data Could Drive Prices Higher - 28.03.2025Gold prices have been on a strong upward trend, reaching a high of $3,059. The upcoming US economic data release on March 28, 2025, could provide new momentum for gold, particularly with the following key indicators in focus:
- Core PCE Price Index (MoM)
- Personal Spending (MoM)
- Personal Income (MoM)
Current forecasts suggest a slowdown in inflation and weaker economic activity, which could create a bullish environment for gold.
Economic Data Expectations and Market Implications
The Core PCE Price Index, the Federal Reserve’s preferred measure of inflation, is expected to rise by 0.2%, down from the previous 0.3%. This signals a slowdown in price pressures, increasing the likelihood of the Fed adopting a more dovish stance in the coming months. If inflation continues to decline, expectations for rate cuts could strengthen, which would be supportive of gold prices.
Personal spending is forecasted to increase by 0.3% - 0.5%, a modest recovery from the previous decline of -0.2%. However, this remains a weak rebound, suggesting that consumers are still cautious. Slower spending means less inflationary pressure, which could further encourage the Fed to ease monetary policy.
Personal income is expected to rise by 0.3% - 0.4%, significantly lower than the previous 0.9% increase. A slowdown in income growth could weigh on consumer spending and overall economic activity, reinforcing the case for lower interest rates.
Impact on Gold Prices
The combination of declining inflation, weak spending, and slower income growth increases the likelihood that the Federal Reserve will cut interest rates sooner rather than later. Gold, which tends to perform well in a lower interest rate environment, could see further gains as a result.
Key bullish factors for gold include:
Lower inflation expectations: A weaker Core PCE Price Index supports a more accommodative Fed stance.
Sluggish consumer spending: Less inflationary pressure gives the Fed room to cut rates.
Slower income growth: Weaker earnings could further dampen economic momentum, increasing demand for safe-haven assets like gold.
The main risk to gold prices would be a surprise shift in market sentiment. If the Fed remains cautious and delays rate cuts, gold could face short-term resistance. However, given the current data outlook, the overall trend remains positive.
Trading Idea: Long Position on Gold (XAU/USD)
Given the softer economic data, gold prices could continue their bullish momentum. If inflation shows signs of easing and economic activity slows, traders may start pricing in Fed rate cuts more aggressively, pushing gold higher.
A potential long trade setup could be to enter a buy position around $3,050 - $3,065, targeting $3,080, with an extended upside potential.
To manage risk, a stop-loss below could be placed to account for potential short-term pullbacks.
Conclusion
The upcoming US economic data release suggests a cooling economy, which could lead to increased expectations of Fed rate cuts. This would be a bullish catalyst for gold, reinforcing its role as a hedge against monetary easing.
A long position on gold around $3,065, with targets at $3,080, could be an attractive setup in the short term. Risk management remains key, with a stop-loss set close below.
If economic data confirms a weakening trend, gold could soon test new highs. Stay alert to market reactions and Fed commentary! 🚀
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
XAUUSD ShortWow!!Hello 2025!! It's been so long since I last post my insight on my trade(2022). I find it a lil bit hard now to navigate through posting my insight again. This is just a trial and im not sure if my chart will post, but let's see. Today im sharing a lil insight/projection on XAUUSD's move. It's been a lil uneasy lately but Im believing that trde will soon reverse so iv been on sell priority. Personally took a sell on //2911// TP 2890// SL 2925// If you know me im not comfortable with SL's as id like to keep my trade running, but for insight's purpose im placing an SL to be on the safe side. this is my first post for 2025 and hopefully not gona be the last, let's see how this day rolls :)
Price Reversal in Play: Key Levels and Targets to WatchAfter analyzing multiple timeframes, we can see that the price started trading within a large channel from Friday, 15th March 2024. The channel’s upper boundary acted as a strong resistance on Thursday, 31st October 2024, at 2790. Both the upper and lower boundaries of the channel have consistently functioned as key support and resistance levels.
The price reached an all-time high (ATH) of 2955, where it struggled to break through the channel’s upper boundary. Given the historical respect for these channel lines, we now anticipate a potential reversal. The price has already started to turn around, and to confirm this reversal, we need to see a break below both the trendline and the support level.
Once confirmed, your targets will be:
• 1st Target: 23.60% (2867)
• 2nd Target: 38.20% (2813)
• 3rd Target: 50.00% (2770)
• 4th Target: 61.80% (2726)
Make sure to follow proper risk management.
Happy Trading! Don’t forget to follow for more updates. 🚀
Price at a Crossroads: Will It Break or Drop?After a strong breakout from a falling wedge and handle pattern on Wednesday, Nov 6, 2024, price surged to an All-Time High of 109,358.01. However, a retracement followed, with the formation of a double top pattern leading to a breakdown below the neckline at 91,809.11, sending prices tumbling to 78,167.81, perfectly aligning with the golden ratio (50% Fibonacci level).
From there, buyers stepped in, pushing the price back up to the 38.2% Fibonacci level, but strong resistance led to two rejections and the formation of three consecutive doji candles, signalling market indecision.
What’s Next?
🔹 Bullish Scenario: A breakout above 38.2% could lead to a neckline retest 91,809.11.
🔹 Bearish Scenario: If rejection holds, the double top projection targets is 74,279.20, with further downside towards 61.8% or 66%, aligning with the daily trendline.
📢 Risk Management Reminder:
The market is at a critical level—manage your risk wisely! Set stop losses, use proper position sizing, and avoid over-leveraging. Patience and discipline are key!
KAITO Holding Rising Support – Is a Big Move Coming?$KAITO/USDT is respecting a rising support line, with price bouncing multiple times from this level. The current retest suggests a potential bullish continuation, especially with the Stochastic RSI in the oversold zone, indicating a possible reversal.
If the trendline holds, we may see a strong upward move, targeting previous highs around $2.50 - $3.00. However, a break below the support could invalidate the bullish outlook.
DYOR, NFA
$XRP/USDT is testing a strong support zone around $1.80 - $2.00,$XRP/USDT is testing a strong support zone around $1.80 - $2.00, aligning with the Point of Control (POC) and the 200 EMA ($1.80), which acts as dynamic support. This area has historically been a high-volume demand zone, making it a crucial level for a potential reversal.
If buyers step in and defend this level, XRP could rebound toward $2.50 - $3.00 in the coming weeks.
However, a break below $1.80 would weaken bullish momentum and could lead to a deeper correction, possibly toward $1.50 or lower.
DYOR, NFA
Strength on HPQ ChartHP Inc., stock approaches the bottom of the sideways channel (black horizontal lines) from which it may bounce again.
During the May 29, 2024 bar, professionals bought (blue rectangle), and since then, whenever the price reached this zone, they were buying more.
It should be noted that the buying around the bottom of the sideways is much bigger than the selling around its top which is bullish behaviour. Wyckoff's Spring on the recent activity adds to strength too. Another good sign for bulls is the decreasing volume on the down move, which indicates an absence of professional interest in lowering prices.
The testing process is ongoing as of today. If the price reaches the buying zone and no supply reappears, there is a big probability for a move up towards $37.30 - $ 39.29 with minor resistance around $34.62 - $34.72.
If supply reappears and the price breaks the bottom of the sideways channel ($32.41) we may see another leg down to $29.00 - $30.00 for more buying.
BTC Potential Drop to $72K: 3 Signs Indicating a Trend BreatherBitcoin has been on an incredible run, but I believe we may be heading for a pullback toward $72K. There are three key signs that suggest a breather is due:
Double Top Formation – We've seen a clear double top pattern forming, signaling a potential reversal.
RSI Divergence – The RSI is showing divergence from price action, often a sign that the momentum is weakening.
Overbought Conditions – Bitcoin has been in overbought territory for a while now, suggesting that a correction could be on the horizon.
Keep an eye on these factors as they could play a big role in where BTC goes next. Stay cautious and be prepared for potential volatility.
I hope you find it helpful!
Take care and keep it shiny.
Kina ♥
USDCAD - Sell Opportunity After Support BreakOANDA:USDCAD recently broke through a significant support level, creating an opportunity for further bearish movement. The market is now retesting this level. A rejection off this area could push the price lower toward the 1,4120 level, confirming the breakout's strength. A failure to hold resistance could indicate a continuation of the bullish trend.
Traders should look for bearish confirmation signals, such as bearish engulfing candles or increasing sell volume, before entering short positions.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
USDJPY at Key Support - Potential Buying OpportunityOANDA:USDJPY is inside a support zone, which has been a turning point for bullish move before. The recent bearish pressure brings the price into this area, creating a potential buying opportunity.
If bullish signals emerge, such as strong buying volume or bullish candlestick patterns, I expect the price to move toward 152,750. However, a break below this support would invalidate the bullish bias and could lead to further declines.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management!