DeGRAM | GOLD fixed below the triangle📊 Technical Analysis
● XAUUSD is forming a bearish descending wedge within a broader symmetrical triangle, facing rejection at 3,310 near prior support-turned-resistance.
● Repeated failure to hold above trendlines and continued lower highs favor a drop toward the 3,246.56 level, with possible overshoot if support breaks.
💡 Fundamental Analysis
● Rising real yields and hawkish Fed tone continue to pressure gold; ISM Manufacturing Prices and NFP loom as next volatility catalysts.
● Reduced ETF inflows and strong dollar on resilient US macro data weigh on demand for non-yielding assets.
✨ Summary
Short bias below 3,310. Breakdown eyes 3,246 → 3,200 zone. Resistance holds while trendline caps recovery.
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Trend Analysis
US500: Rebound Setup After Sharp Pullback – Key Support HoldingUS500 has experienced a strong corrective move after an extended bullish run but is now showing signs of stabilizing near a key support area. This zone aligns with both technical retracement levels and the market's reaction to fundamental shifts—particularly the dovish repricing of the Fed following weak US jobs data.
Technical Analysis (4H Chart)
Pattern: After a strong uptrend, price faced a steep correction, forming a potential short-term reversal setup.
Current Level: 6,235, holding above the 6,217 support zone.
Key Support Levels:
6,217 (immediate support; key defense zone for bulls).
6,171 (38.2% retracement, secondary support if deeper pullback occurs).
Resistance Levels:
6,272 (23.6% retracement and initial resistance).
6,360 (upper resistance zone and retest of recent breakdown).
6,429/6,436 (recent high and target if bullish momentum resumes).
Projection: A rebound from current levels could push US500 back toward 6,360–6,430 if support holds.
Fundamental Analysis
Bias: Neutral-to-bullish as macro drivers favor a recovery from pullback.
Key Fundamentals:
Fed Policy: Weak US jobs (+73K) and downward revisions have solidified rate cut expectations (~75% probability in September), boosting equity sentiment.
Inflation: Market awaits US CPI; softer data would further support equities.
Tariffs: While Trump’s tariffs create a medium-term risk for earnings, immediate Fed easing bets outweigh these concerns.
Risk Sentiment: Global risk remains supported by lower yields and optimism about Fed easing.
Risks:
Hot US CPI could reverse cut expectations, pressuring equities.
Geopolitical risks or tariff escalation could trigger renewed selling.
Key Events:
US CPI and PPI.
Fed speeches and rate expectations.
Earnings reports from key US companies.
Leader/Lagger Dynamics
US500 is a leader, driving global risk sentiment and influencing risk-sensitive assets like AUD/USD, NZD/USD, and JPY crosses.
Summary: Bias and Watchpoints
US500 is neutral-to-bullish, stabilizing at key support (6,217) after a sharp correction. Fed cut expectations and risk-on sentiment support the upside scenario, targeting 6,360–6,430 if US CPI aligns with softer inflation. However, a hot CPI print could invalidate this rebound and trigger another leg lower.
ERA : Risky but profitableHello friends🙌
Given the high that has been made and the price has returned, there is a possibility that the price will correct to the middle of the move, which is why we have provided two buying levels for you, which you can buy with risk and capital management and move towards the specified goals.
🔥Follow us for more signals🔥
*Trade safely with us*
SPY Massive Long! BUY!
My dear subscribers,
My technical analysis for SPY is below:
The price is coiling around a solid key level - 621.72
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 629.55
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
CFX : don't be afraidHello friends🙌
If you take risks, you will win. If you don't, you will regret it.
✅Given the good price growth, now that the price is in a correction phase, there is a good opportunity to buy with risk and capital management, of course, at the specified support levels and move with them to the set targets.
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*Trade safely with us*
SPK : Does history repeat itself?Hello friends🙌
✅You see that once a pattern was formed and after the resistance was broken, we had a good growth.
✅Now the same pattern has formed again and the price is in the accumulation phase.
✅We have to see if history repeats itself and if the buyers support the price again or not.
✅We have obtained important support areas for you, so that if it falls, you can buy in steps and if the pattern breaks, you can buy in steps right here, of course with capital and risk management.
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*Trade safely with us*
NZD/JPY: Bearish Breakdown from Ascending ChannelNZD/JPY has decisively broken below its ascending channel, signaling a shift from bullish structure to bearish momentum. This move aligns with fundamental headwinds for NZD and the potential for JPY strength amid intervention risks and global risk-off sentiment.
Technical Analysis (4H Chart)
Pattern: Breakout from ascending channel support confirms a bearish reversal.
Current Level: 87.12, trading below the broken trendline with strong selling pressure.
Key Support Levels:
86.00 – first bearish target and immediate support zone.
84.60 – extended bearish target if momentum continues.
Resistance Levels:
88.04 – previous support turned resistance.
89.06 – upper boundary and invalidation zone for bearish bias.
Projection: Price is expected to retest 86.00, and if broken, further decline toward 84.60 is likely.
Fundamental Analysis
Bias: Bearish.
Key Fundamentals:
NZD: Pressured by global tariffs and risk-off sentiment.
JPY: Supported by potential FX intervention from Japan’s Ministry of Finance and safe-haven demand.
US Data Impact: Weak NFP boosted Fed cut bets, but risk-off flows strengthen JPY against risk currencies like NZD.
Risks:
China stimulus or a risk-on shift could lift NZD.
Lack of BOJ action may weaken JPY temporarily.
Key Events:
RBNZ policy outlook.
BOJ comments or intervention signals.
US CPI influencing global risk sentiment.
Leader/Lagger Dynamics
NZD/JPY is a lagger, reacting to risk sentiment and JPY moves, with JPY strength leading the pair lower.
Summary: Bias and Watchpoints
NZD/JPY is bearish, with a clear technical break from its ascending channel. The pair targets 86.00 initially and 84.60 on extended downside. Key watchpoints include BOJ FX policy, RBNZ stance, and global risk sentiment, especially if markets move deeper into risk-off mode.
Bitcoin: Interconnections Rewired🏛️ Research Notes
Keeping fib channel of the rising trend angles as they've number of times covered well that aspect of cycle texture.
The other frame of reference would be with fib channel that covers drop from 2021 ATH to late 2022 bottom.
Last bit would be integrating fib channel discovered while ago that connects covid & late 2022 bottoms
Together they create a framework that addresses the complexity and makes even the most chaotic price movements seem to be a part of structural narrative.
Bitcoin Wave Analysis – 1 August 2025- Bitcoin broke the pivotal support level 115000.00
- Likely to fall to support level 110000.00
Bitcoin cryptocurrency recently broke below the pivotal support level 115000.00, coinciding with the 50% Fibonacci correction of the sharp upward impulse from the start of July.
The breakout of the support level 115000.00 strengthened the bearish pressure on Bitcoin.
Given the bearish sentiment seen across the cryptocurrency markets today, Bitcoin can be expected to fall to the next support level at 110000.00 (former resistance from May and June).
Will the Canada-US Trade Tension Continue to Impair CAD?Fundamental approach:
- USDCAD advanced this week, supported by broad US dollar strength and renewed trade tensions as the US announced higher tariffs on Canadian imports.
- The pair was further buoyed after the BoC left rates unchanged and signaled caution amid persistent core inflation and ongoing trade negotiations.
- Meanwhile, US labor data indicated that job openings were moderating growth while tariff-related uncertainty weighed on risk sentiment.
- The BoC’s decision to keep its policy rate at 2.75% cited domestic economic resilience and the unpredictable US trade policy outlook.
- At the same time, negotiations between Canada and the US over trade terms remained in an “intense” phase, with additional tariffs entering effect 1 Aug, adding to downside risks for the Canadian economy.
- USDCAD may remain elevated next week as markets monitor follow-through from new tariffs and assess further data on US jobs and Canadian trade. Potential progress or setbacks in Canada-US trade talks and upcoming economic releases could influence direction, while central bank policy signals and risk appetite will remain key catalysts.
Technical approach:
- USDCAD formed a Triple-bottom pattern at around 1.3567 and bounced up to break the neckline at 1.3755. The price also broke the descending trendline and closed higher than both EMAs, indicating a potential trend reversal.
- If USDCAD remains above the support at 1.3755 and both EMAs, the price may retest the resistance at 1.3980.
- On the contrary, closing below the support at 1.3755 and both EMAs may lead USDCAD to retest the key support at 1.3567.
Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
Ethereum: Smart Money Reversal After Stop Hunt?In the previous update, we warned that Ethereum might drop lower before any meaningful bounce — especially if it failed to hold the midline of the ascending channel. That scenario played out exactly as anticipated.
🟡 Price action summary:
ETH broke below the midline of the weak ascending channel, hunted the liquidity below recent lows, and tapped into the key bullish order block near $3,490 – $3,520. Price is now reacting to this zone with early signs of a reversal.
📌 Key observation:
Midlines of weak or low-momentum channels often act as liquidity traps in smart money models. Buying at these levels can be extremely risky — especially during corrective or distribution phases.
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📚 Educational Note:
Never enter long positions solely at the midline of a weak ascending channel, especially when there’s a high probability of liquidity sweep below. Smart entries usually occur at order blocks formed after stop hunts.
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🎯 Next steps:
Wait for confirmation (such as internal BOS or FVG closure) before entering longs. The structure suggests a potential move back toward the upper boundary of the channel if this OB holds.
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💬 Thoughts? Drop your view in the comments.
to 65K soon BTC/USD – Historical Cycle Analysis & Mid-Term Outlook (1W)
Exchange: Coinbase
Timeframe: Weekly (1W)
Key Observations:
Long-Term Trendline Resistance
The black ascending trendline has historically acted as a major resistance zone since 2017.
Every touch of this line in the past has been followed by a significant correction.
Bearish Divergences (DIV / HDIV)
Red arrows indicate historical bearish divergences on RSI/MACD.
Each divergence marked a local or macro top before a sharp retracement.
Major Historical Resistance – $64,899
Derived from 0.5 Fibonacci retracement of the primary cycle.
Served as a key ceiling during previous cycles before new all-time highs.
Bitcoin Cycle Behavior
BTC historically forms parabolic tops followed by deep corrections.
The current cycle (2024–2025) mirrors 2017 and 2021 structures, suggesting we may be approaching a macro inflection point.
Mid-Term Scenario
Price near the trendline (~$120K) implies high risk of volatility and correction.
Primary support zone: ~$65K (historical + Fibonacci confluence).
Likely scenario: range-bound movement between $65K–$120K before any sustainable breakout or new parabolic leg.
Continued recovery, positive after NFP news✍️ NOVA hello everyone, Let's comment on gold price next week from 08/04/2025 - 08/8/2025
⭐️GOLDEN INFORMATION:
Gold prices surged over 1.5% on Friday, climbing toward $3,350, as a weaker-than-expected U.S. Nonfarm Payrolls (NFP) report signaled a faster-than-anticipated slowdown in the labor market. Heightened geopolitical tensions between the U.S. and Russia further boosted safe-haven demand for the precious metal.
Following the disappointing July jobs data, markets began pricing in a potential interest rate cut by the Federal Reserve. While the Unemployment Rate held relatively steady, signs of labor market softness supported recent comments from Fed officials Michelle Bowman and Christopher Waller, who advocated for a 25-basis-point rate cut at the July 29–30 meeting.
Additional data added to the cautious sentiment: the ISM’s July report confirmed that U.S. manufacturing activity remains in contraction territory, while consumer confidence took a hit, according to the University of Michigan’s latest survey.
⭐️Personal comments NOVA:
Gold prices continue to be positively affected after last week's NFP news, market expectations of an early rate cut are rising
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $3384, $3434
Support: $3331, $3307, $3268
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Fiber (EurUsd) Short Idea. Aug 4-8 This Idea wont be precise as my Last Euro Analysis, You can check that out on my Profile.
Now the what do i mean by it not being precise? it means that there is room for upside Movement But it should break that high (Fib high) and the target is Sell-Side Liquidity for this week Key Things in this charts are Liquidity gap, Breaker block IFVG weekly Inverse rejection block.
Ethereum Short-Term · Trading within Bullish RangeI am looking at Ethereum short-term using the same timeframe I used for Bitcoin, 2h. We have some interesting signals.
Here ETHUSDT is trading within higher lows. This is interesting because Bitcoin produced a lower low recently. The same volume signal is present here, ETHUSDT has been producing lower bearish volume since last month.
The RSI produced a lower low while ETHUSDT produced a higher low. This is called a hidden bullish divergence. Ethereum's bears did not only fail to take out the last low 24-July but also the previous one, and this clearly reveals bullish support.
The RSI being oversold is also a positive condition and can signal a reversal happening soon. Not truly a reversal because we are not in a downtrend, we are still witnessing a small pause after a strong rise; consolidation near resistance. A continuation reads better.
Ethereum's price continues really strong and the short-term signals are pointing to bullish action being favored in the coming days. We can wait easily and patiently because the best is yet to come. Never SHORT in a bull market, the market will surprise you with how fast things can turn. Better wait for support and go LONG.
Namaste.