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Trend Analysis

XAUUSD: 6/3 Today's Market Analysis and StrategyGold technical analysis Daily chart resistance 2957, support below 2892 Four-hour chart resistance 2930, support below 2887 One-hour chart resistance 2930, support below 2912 Gold news analysis: As the US tariffs on many countries continue to take effect, and more tariff plans for Europe and other countries are about to be implemented, gold's position as a safe-haven asset remains solid. Earlier this week, US President Trump imposed a 25% tariff on Canada and Mexico. However, to the surprise of the market, US Commerce Secretary Howard Lutnick hinted that some tariff relief may be provided to the two US neighbors. According to Bloomberg, Lutnick said in an interview with Fox Business Channel that there may be a way to reduce some tariffs. This news may put some pressure on the upward trend of gold prices in the short term. As tensions in the physical market ease, the extreme dislocation of gold prices is fading, indicating that the craze for shipping gold to the United States may have peaked. This change in supply and demand dynamics may also have an impact on the recent trend of gold prices. US Treasury yields have rebounded slightly, although there is still a long way to recover. The change of yield rate usually shows an opposite relationship with the gold price, which is also one of the factors that the market pays attention to. Gold operation suggestion: Yesterday, gold experienced a wide range of long and short fluctuations in the volatile trading. The price rebounded slightly in the Asian and European sessions. The European session was suppressed below 2922 and fell back and fell. The US session accelerated downward and broke through the 2900 integer mark to reach 2894 and stabilized and began to rebound. Finally, it broke through the 2929 mark and began to fall and consolidate. The overall gold price formed a wide range of long and short fluctuations around the 2894-2929 mark. From the current trend analysis, today's lower support continues to focus on the one-hour level 2912 first-line support and the daily level support 2892. The upper pressure focuses on the vicinity of 2930. Continue to rely on this range to participate in high selling and low buying during the day, and wait patiently for key points to enter the market. Buy: 2892near. SL:2887 (can be entered repeatedly) Buy: 2900near. SL:2895 (can be entered repeatedly) Buy:2912near. SL:2908 Sell:2930near. SL:2935
TVC:GOLD
by ActuaryJ
London open - My next trades🚀 Bitcoin Morning Update 🚀 Yesterday, we kept pushing up towards $95K, with a solid reaction at the 2-hour supply zone we were watching. While it didn’t give us the follow-through needed for a big swing trade, some traders could have caught a 2x or 3x move on lower timeframes just from that reaction. Right now, the fractal structure is bullish, and as we kick off the London session, we’re sitting at one of the last key supply zones around $92.7K before testing $95K again. 🔥 Bullish case? We break through and continue higher. 🐻 Bearish case? We reject here and rotate all the way down—totally possible, since the primary structure is still bearish, and even the internal structure is leaning bearish right now. 📉 If we get a clear market structure change on the 15M with a decent retracement, I’ll be looking for a short. Right now, we have a mini close, but ideally, I’d like to see a deeper, more decisive close if this block is going to hold. Have I seen these mini closes work before? Sure. But is it better to err on the side of caution? Absolutely. For now, I’ll be focused on scalping at these key levels with confirmation. Let’s see what the day brings! ⚡
by Trade-Journal
USD/JPY Technical Analysis – March 6, 2025 Market Structure & Price Action USD/JPY is currently trading at 149.182, showing a weak bullish reaction but still respecting the broader descending trendline resistance. The pair has been following a well-defined bearish channel, making lower highs and lower lows. Key Observations: 📉 Trendline Rejection: The price has tested the descending trendline and faced rejection, indicating sustained bearish pressure. 📊 Double Top Formation: A potential double top near 149.500 further supports a bearish outlook. 🔵 Support Zone at 148.900 - 149.000: This level has acted as strong demand previously. However, repeated retests weaken its reliability. 📌 Break and Retest Setup: If the price breaks below the support, a continuation to 148.000 and possibly 146.500 is likely. Bearish Scenario: A confirmed breakdown below 148.900 could trigger a sharper decline toward the 147.500 - 146.500 range, as highlighted in the projected move. A failure to hold above the descending trendline signals strong selling momentum. Bullish Scenario: If buyers defend 148.900 support, the price could retest 149.500 or even attempt a breakout towards 150.000. However, the overall trend remains bearish, favoring further downside. Conclusion: Bias: Bearish 📉 Key Levels to Watch: ✅ Resistance: 149.500 – 150.000 ✅ Support: 148.900 – 147.500 A break below the support zone could accelerate selling pressure, aligning with the downtrend structure.
Short
by MangoMan4
EURAUD Will Go Lower! Short! Here is our detailed technical review for EURAUD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.705. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.695 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GOLD WILL RISE AGAIN NEAR 2950.. [Must Read Caption]Hello Followers I am going to publish my technical setup on XAUUSD, So share your opinion in comments about my analysis.. XAUUSD is working on a PIVOT area from this level it is possible that XAUUSD can move for long now. The level of pivot area is 2893/285..According to me and according to the structure of XAUUSD it is possible that it will go further long (bullish). XAUUSD can reach to the 1st target around 2920 that is a resistance area also and then can reach to the 2nd target 2950 that is also a major resistance area .. I Have Applied Long Position also in the chart... KEY POINTS: ENTRY PRICE        2895 PIVOT AREA     2893/2885 TARGETS: 1st TARGET            2920 2nd TARGET           2950 CANCEL TRADE     2863
OANDA:XAUUSDLong
by Team_Elliana_Trades
Gold 100% Trading SignalsTechnical analysis of gold: Gold has been volatile in the past two days, and the bull-bear game is also fierce. Yesterday, the daily cross star, the data released many positive news, gold did not rise sharply, but the gold rebounded in a V-shaped dive at the end of the day, and finally closed at the opening position. Gold hit a new high of 2929 but did not continue the upward trend, and continued to hover at a high level. Today's idea is to seize the opportunity of its hovering and stepping back. At present, the bulls still need to continue to rush up from the daily line. This week is a data week. It is estimated that the bulls will rise repeatedly and will not come so cleanly. The big V bull trend of the daily line has been determined, and we need to follow the trend later. The current gold price has entered a very obvious high-level consolidation stage. Combined with the non-agricultural data to be released tomorrow, it is highly likely that it will continue to consolidate in the 2894-2930 range today. Gold is still fluctuating in a large range in 1 hour. The bulls are not in a completely strong market. They are going back and forth, ups and downs. At present, gold should be careful of the bulls' risk aversion sentiment easing and then start to adjust sharply. The focus of today's European and American sessions is the effectiveness of the support of 2894. If it falls below 2894 before the US session, it is possible to fall further to the 2880-78 line. This is a relatively safe opportunity to take more during the day, and the defense is near yesterday's low. The bottoming out and rebound at the end of yesterday's trading limited today's decline to a certain extent, so this point is the best to go long. However, if the gold price fails to fall below 2894 during the European session, then the long orders may need to move up to around 2897-00 to participate. On the whole, today's short-term operation of gold is recommended to focus on callbacks and shorts. The short-term focus on the upper side is 2930-2932 resistance, and the short-term focus on the lower side is 2890-2894 support. Friends must keep up with the rhythm. It is necessary to control the position and stop loss, and set stop loss strictly Strategy 1: When gold rebounds to around 2927-2930, short sell (buy short) in batches, 2/10 of the position, stop loss 8 points, target around 2915-2900, break to 2895
OANDA:XAUUSDLong
by niwmniwm
Cardano (ADA/USD) Long Breakout SetupThis is a long (buy) setup for Cardano (ADA/USD) based on a breakout from a descending channel. The price has broken above the resistance trendline, indicating a potential bullish continuation. Entry Point: Around the breakout level, confirming support above the descending channel. Stop Loss: Placed below the breakout point at $0.90498, minimizing risk if the breakout fails. Take Profit 1 (TP1): $1.15004, where price may face initial resistance. Take Profit 2 (TP2): $1.30188, a stronger resistance level that could serve as an extended target. Trade Rationale: A breakout from the descending channel signals a trend reversal. Moving averages are turning upwards, supporting bullish momentum. The risk-to-reward ratio is favorable, with clear entry, stop-loss, and take-profit levels. Volume increase on breakout adds confidence to the trade.
CRYPTO:ADAUSDLong
by GoodTarget
PLAN FOR THE TOP 20 COINS (95% OF TOTAL MARKET CAP)PLAN FOR THE TOP 20 COINS (95% OF TOTAL MARKET CAP) BTC’s steadily climbing into the 9x range—so where’s SOL headed? The market’s green right now, but this green flags an adjustment coming soon, likely mid-to-late March. Let’s break down the plan for the top 20 coins, which hold 95% of the total cap. Starting with SOL: SOL’s current trend is downward, tracking the weekly (W) cycle. Once the bottom’s signaled, it’ll resume growth on the monthly (M) cycle. The recent pullback brought SOL close to its target zone at 115 USD—but the W hasn’t fully bottomed out yet. Over the next 1-2 weeks, the W will kick off another decline. SOL’s potential zones: a high of 186 USD, a lower 164 USD—watch here for the next downward trigger on the W cycle. Stay tuned, fam! What’s next: ADAUSDT
CRYPTO:SOLUSDLong
by rainbow_sniper
NIFTY : Intraday Trading levels and Plan for 07-Mar-2025 📌 Key Levels to Watch: 🔴 Resistance Levels: 22,635 | 22,819 🟢 Support Levels: 22,467-22,496 | 22,378 | 22,258 📝 Market Context: Nifty has shown strong momentum in recent sessions, currently trading near 22,529. The profit booking zone lies around 22,635, while a breakout above this could lead to 22,819. On the downside, key support exists at 22,467-22,496, and a further breakdown may drag prices toward 22,378-22,258. 📈 Scenario 1: Gap-Up Opening (100+ Points Above 22,630) 🚀 If Nifty opens above 22,630, it enters the profit booking zone, making further upside dependent on momentum. A clean breakout above 22,819 will signal strength. Buy above 22,635 🔼 🎯 Target: 22,750 – 22,819 🛑 Stop Loss: 22,550 📝 Plan: If Nifty sustains above 22,635, it can attempt 22,819. Wait for a proper 15-minute candle close above 22,635 before entering. Profit booking is advised near resistance levels. Rejection at 22,635 ❌ 🔽 Sell below 22,630 🎯 Target: 22,500 – 22,467 🛑 Stop Loss: 22,680 📝 Plan: If Nifty struggles at 22,635 and reverses, a short trade can be considered toward 22,467. Volume confirmation is necessary before entering shorts. 📉 Scenario 2: Flat Opening (22,450 – 22,550) 📊 A flat opening near 22,450 – 22,550 suggests indecision. The 22,467-22,496 range is a crucial support area. Buy above 22,550 🔼 🎯 Target: 22,635 – 22,700 🛑 Stop Loss: 22,500 📝 Plan: If Nifty holds above 22,550 and shows strength, an upside move toward 22,635 is likely. Look for bullish price action confirmation before entering. Sell below 22,467 🔽 🎯 Target: 22,378 – 22,350 🛑 Stop Loss: 22,525 📝 Plan: If Nifty breaks below 22,467 and struggles to reclaim it, selling pressure may drag it toward 22,378. Wait for a sustained breakdown before taking short positions. 📉 Scenario 3: Gap-Down Opening (Below 22,429) ⚠️ A gap-down below 22,429 signals weakness, with support at 22,378 and 22,258. Buy near 22,258 – 22,300 🟢 🎯 Target: 22,440 🛑 Stop Loss: 22,220 📝 Plan: If Nifty stabilizes at 22,258-22,300, a bounce toward 22,440 is possible. Ideal for risk-managed long trades. Sell below 22,258 🔽 🎯 Target: 22,150 – 22,100 🛑 Stop Loss: 22,320 📝 Plan: If selling pressure persists below 22,258, a further slide is likely. Avoid panic selling; wait for confirmation. 💡 Risk Management Tips for Options Traders 🎯 ✅ Theta Decay Awareness: Avoid buying OTM options late in the day. ✅ Stop-Loss Discipline: Always use SL based on technical structure. ✅ Position Sizing: Risk only 2% of capital per trade. ✅ Avoid Overtrading: Trade only high-probability setups. 📌 Summary & Conclusion 📌 🔹 Bullish above 22,635 for 22,819. 🔹 Bearish below 22,258 for 22,150. 🔹 Flat open needs confirmation for direction. 🔹 Key support: 22,467-22,496 | 22,258. 🔹 Key resistance: 22,635 | 22,819. 📢 Trade with discipline, follow the plan, and manage risk effectively! ⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Do your own research or consult a financial advisor before trading. 📊📉📈
NSE:NIFTYLong
by LiveTradingBox
USD/CAD Short Trade SetupJust entered a bearish position on USD/CAD at 1.4350 with clear technical alignment. Price reached our sell zone after recent rejection from higher levels. Trade Details: Entry: 1.4350 (sell zone) Stop Loss: 1.4420 (above recent swing high) Take Profit 1: 1.4260 (previous support) Take Profit 2: 1.4150 (major support) Risk-Reward: 1:2 for first target, 1:3.5 for second target Price showing bearish momentum on multiple timeframes. The 1H chart confirms resistance at our entry level, while the 4H chart shows plenty of room to move down toward targets. Will update as trade progresses. Planning to secure partial profits at TP1 and move stop to breakeven for remainder.
Short
by ShlomoYahbes
Bitcoin Rejection at Key Resistance – Potential Drop Incoming? Bitcoin faced a strong rejection near $92,850 and is now showing signs of bearish momentum. A clear Break of Structure (BOS) has occurred on the 1H timeframe, increasing the likelihood of further downside. A Fair Value Gap (FVG) is present, and the price is struggling to reclaim lost ground. If the bearish pressure continues, BTC could revisit the $81,500 support zone. 🔹 Resistance: $92,850 🔹 Support: $81,500 🔹 Trend: Bearish on 1H timeframe 📊 Are you shorting BTC? Comment your thoughts below! 👇 #Bitcoin #BTCUSD #CryptoTrading #ICT #PriceAction #TradingView
BINANCE:BTCUSDShort
by IRGELD
BTC RECOVERINGBitcoin's daily chart continues to recover after testing the 200-day moving average, which acted as strong support. $91,271 is currently acting as resistance. Volume remains elevated following the massive rebound from $85,010, showing clear demand at lower levels. The next major hurdle is at $94,990, where sellers previously stepped in. A daily close above this level would confirm a breakout toward $99,860. The 50-day moving average is still trending downward, and Bitcoin remains below it, so there is still work to do to fully regain bullish momentum. However, the structure has improved significantly, and the market is showing strength after a period of heavy selling. If $91,271 fails to hold, Bitcoin could revisit the $85,000 region, but as long as price closes above that level, the trend remains in recovery mode.
COINBASE:BTCUSD
by ScottMelker
Identified Pattern – Rising Wedge (Bearish)🔥 Real-Time Market Evaluation & Pattern Recognition 📌 Key Observations from the Chart: 1️⃣ Identified Pattern – Rising Wedge (Bearish) ✔ Price has been forming higher lows and higher highs within converging trendlines. ✔ Recent price action shows breakdown pressure near the lower wedge support. ✔ If price closes below $2,910, the wedge breakdown is confirmed → Bearish continuation. 2️⃣ How Many Rejections Today? 🔹 Total Rejections Noted: 4 Major Rejections 2 strong rejections at $2,926 - $2,928 resistance (upper boundary). 2 rejections from trendline support near $2,910 - $2,915. 🔹 What This Means: Repeated failures at resistance indicate strong sell pressure. Support at $2,910 is being tested again – possible breakdown. 3️⃣ Institutional Support & Resistance Zones 🔹 Key Support Levels Below: $2,910 (Trendline support) → If broken, next stop $2,900 - $2,892. $2,900 → Institutional liquidity zone. $2,875 → Major institutional demand level. 🔸 Immediate Resistance Levels Above: $2,926 - $2,928 → Major rejection zone. $2,950 → Institutional profit-taking area (if bullish reversal). 📢 Trade Execution – Should You Buy or Sell? ✅ SELL SETUP (Best Trade Right Now) 📍 Exact Entry: Sell below $2,910 if it breaks. 🎯 Take Profit Targets: TP1: $2,900 (Immediate bearish target). TP2: $2,892 (Stronger support level). TP3: $2,875 (Institutional demand). ❌ Stop-Loss: Above $2,916 (To avoid stop-hunts). 📊 Risk-Reward Ratio (R:R): 1:3 (Optimized for high-probability short trade). 🚀 Alternative Scenario – When to Buy? 🔹 Only Buy if price holds above $2,910 & reclaims $2,920 with strong momentum. 🔹 Confirmation needed: Bullish engulfing candle & volume increase. 🔥 Final Verdict – SELL XAU/USD Now Below $2,910! 📌 Sell if $2,910 breaks → Target $2,900 - $2,892 - $2,875. 📌 If price holds above $2,910, wait for bullish confirmation before buying. 📌 Bias: Bearish – Rising wedge breakdown is likely. 🚀 Best trade: SHORT XAU/USD below $2,910 for maximum profit! 📉🔥
OANDA:XAUUSDShort
by MAHARLIKA_FX
1
What happens if Solana rebounds? SOLUSDT Swing ChartSolana, alongside Ethereum, has been one of the most criticized projects during this downturn. Issues such as Pump.fun’s reckless meme coin launches and the Trump coin controversy have fueled negative sentiment. As a result, I’ve noticed that many people are now mocking Solana along with Ethereum. Given these factors, I analyzed Solana’s rebound potential, and I’ve observed some promising signs. The first reason is the end of the decline due to a BSL Sweep. I typically observe how far a drop extends when liquidity removal (Liq Sweep) occurs at the upper or lower range (BSL, SSL). Based on this, I generally assess the situation in two ways For example, when liquidity removal occurs at BSL, I assess whether the price could drop further down to SSL. I define the BSL-SSL zone as a single range and look for potential rebound areas around the 50% midpoint of this range. If scenario 2 occurs, there are many aspects to consider, but to put it simply, we can look at the possibility of a rebound through the Premium Zone, a concept from ICT theory. Within this zone, we analyze various key levels. The Premium Zone can be understood as an area where Smart Money can exit their positions once the price reverses. Just like retail traders, Smart Money must sell their positions to realize profits. Since the short positions taken at BSL are likely to be substantial, closing these positions would reduce selling pressure. As a result, this decrease in selling pressure could lead to a price increase. I believe that the current Solana chart has reached the Premium Zone after a retracement caused by the BSL liquidity sweep. Additionally, I have observed a Shark Pattern, a type of Harmonic Pattern, which suggests a potential rebound scenario. Harmonic Patterns are chart patterns based on Fibonacci ratios used in technical analysis to predict potential reversal points in price movements. These patterns frequently appear in the market, and they are structured around specific Fibonacci retracement and extension levels. When price movements align with these ratios, a recognizable harmonic structure is formed, signaling a possible reversal. Additionally, Harmonic Patterns generally have four key target points based on Fibonacci retracement levels: 1. When measuring between C Point and D Point using the Fibonacci retracement tool, the typical targets are: 38.2% 50.0% 61.8% 2.If the price retraces properly, it can extend further up to the D Point. For this Shark Pattern, I currently identify the D Point at $125.52, which represents the current low. *Personally, if the price falls below this level, I believe it could drop further down to the X Point. Regarding the C-D leg of the Harmonic Shark Pattern, the typical extension ranges between 0.886% and a maximum of 1.13%. . . . . I always find it challenging to wrap up my analysis smoothly, but I hope this perspective provides some insight. As always, this is just my personal opinion, so I encourage you to review it with an open mind. Thank you!
Long
by Taegwon_V_Trader