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Trend Analysis

Gold retested as expected, what to do next? Gold rebounded from 3308 in the US market and fell to 3272. The recent market is good-looking but difficult to do. The long and short positions are repeatedly washed. The monthly line basically closed at the cross star. Under the fierce game between long and short positions, the performance was balanced. The short-term hourly line is only a single negative line that fell rapidly, and it does not have downward continuity. The high point of the US market rebound is around 3302. If you want to participate, you can go short when it reaches around 3302. As of press time, gold is accumulating strength around 3293. If you step back below, you can rely on the low point for defense. ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDShort
by Labaron
1
Bitcoin Technical Analysis – Quick Summary Date: May 30, 2025 Daily TF Potential new Higher Low (HL) forming. Confirmed only by forming a new HH on the dailly TF, which means we’ll have to break the ATH. Break below 102,038 and we make a LL  structure shift to bearish, which will mean likely more downside. 4H TF Currently in a bearish structure. Break above 108,900 = bullish shift, potential move toward a new ATH. 1H TF Reclaiming 106,300 breaks the recent LH (CHOCH), triggering potential short-term bullish momentum. Demand Zone (102,000–103,700) Key area for a possible bounce and to form a new HL on the dailly TF. Break below this zone and below the HL at 102,038 = possible strong bearish continuation. Key Scenarios Bullish: 1. Reclaim 106,300 → Break 108,900 → Push toward ATH. 2. Drop into demand zone → form a new LH on the dailly → Push toward ATH. Bearish: Drop into demand zone → Break 102,038 → Further downside.
by markv26
4
What if Bitcoin fails to break beyond the $120k resistance?This is only a theory and not a financial advice. What if Bitcoin fails to break beyond $120k? What if the the BTC supply remains the same due to large number of sells than buys? The "rising wedge" shows a potential downturn in the near future to ~$80,000 range again. This is only a technical analysis based on historical data and can be changed depending on investors confidence. Diamond hands is all it needs to bring the Bitcoin price to the $200k level.
Short
by keithmanilla
1
BTC/USDT – Bitcoin 1 hour timeframe 📊 Technical Overview 🟢 Support Zone: 📌 Around $105,700 🛡 Marked by multiple bounces (white arrows), this zone shows strong buyer interest. 🔁 Historically acts as a springboard for upside moves 📈. 🔴 Resistance Zone: 📌 Range: $109,000 – $111,500 🚫 Every approach has triggered a sharp sell-off (black arrows), confirming this zone as significant supply. 🔄 Price Action & Pattern Insights 📉 Bearish Swings from Resistance: Several high-wick candles followed by strong rejections ⛔ Downward arrows suggest a distribution phase near the top range 📈 Bullish Reversal Signals: Price sharply rebounds from support 💥 V-shaped recovery setup in motion with a clean reaction from the demand zone ✅ Arrow projection hints at a potential full range recovery 🌈 📦 Box Range Formation: Market has been consolidating in horizontal zones Each zone acts as a base for accumulation or distribution 🧭 🎯 Trade Idea & Forecast 📍 Current Price: $105,793.35 📈 Projected Move: Upside rally toward $111,000+ 🧠 Rationale: Bounce from a major support zone Prior similar price actions led to parabolic rises 🚀 No lower lows made – signs of a bottom forming 🪙 📌 Action Plan ✅ Long Setup: Entry: Above $106,000 Target: $109,000 – $111,500 Stop Loss: Below $105,000 📉 Risk/Reward: Favorable (~1:3) 🚫 Bearish Alternative: Breakdown below $105,000 with volume ❗ Target: $103,000 (next liquidity zone) 📎 Conclusion: Ready for a Bullish Comeback? Bitcoin (BTC/USDT) is showing signs of a textbook bullish reversal 📘 after defending a key demand level 💪. If the current momentum holds, we could see a swift move back to the top of the range. Ideal for short-term buyers looking to ride the intraday wave 🌊.
Long
by ZareeFxTradingAac
2
Bitcoin Technical Analysis (as of May 30, 2025)Bitcoin is currently forming another higher high within an established upward structure on the weekly timeframe. In the previous two overbought scenarios on the weekly chart, significant retracements occurred shortly after the Relative Strength Index (RSI) entered the 72–82 range. These retracements followed parabolic price moves, signaling local tops. 📊 Current RSI Update: As of this analysis, the weekly RSI stands at 66—a level that historically preceded strong upward moves. In both prior cycles, Bitcoin continued climbing after reaching RSI 56, before eventually topping out once the RSI reached the 72–82 range. ⏳ Timing Analysis: Based on the average duration from when RSI crossed above 56 to Bitcoin’s major price peaks, we estimate there could be approximately 12 weeks remaining before a potential major retracement. This estimate is derived from: March 2024 peak: 140 days from RSI 58 January 2025 peak: 126 days from RSI 56 Projected average: 133 days (~12 weeks) Additionally, when weekly candles bounced off the lower Bollinger Band, the price subsequently moved higher, indicating continued bullish momentum. 🔍 What to Watch For: RSI climbing past 70 could signal the final leg of the current rally. RSI entering the 72–82 range has historically aligned with local tops. Watch for volume divergence, candle exhaustion patterns, or other signs of weakening momentum near this RSI zone. ⚠️ Disclaimer: This analysis is not a prediction or financial advice. It is a pattern-based observation derived from historical data. Market conditions can change rapidly. Always conduct your own research and manage your risk accordingly.
Long
by KingGMMG
2
The latest gold trend analysis strategy on June 2 Core influencing factors Dollar trend: The rebound of the US dollar index suppresses gold prices, but if the PCE data is lower than expected, the US dollar may fall back and provide support for gold. Fed policy expectations: The market's expectations of interest rate cuts this year (currently priced at about 2 times) may limit the downward space of gold prices, but we need to be wary of hawkish rhetoric disturbances. Risk aversion: Trade situation and geopolitical uncertainty may intermittently boost gold demand. Technical key positions: $3300-3310 is a strong resistance zone, and $3260-3250 is short-term support. Market outlook Bearish signal: The daily level failed to stand firm at the 3300 mark, and the 1-hour moving average turned downward, with short-term momentum biased to the bearish side. If the US dollar continues to rebound or the PCE data is stronger than expected, the gold price may fall to the 3260-3250 support range. Bullish signal: If PCE data is weak or risk aversion heats up, gold prices may test the 3300-3315 resistance zone again. Under the wide range of fluctuations at the monthly level, the buying support below 3260 may be strong. Operation strategy Short-term trading: Short-term opportunity: When the rebound to the 3305-3315 range is under pressure, short with a light position, stop loss above 3320, target 3280-3265. Long order opportunities: If it pulls back to the 3260-3250 area and stabilizes (such as the K-line shrinks or a hammer line appears), you can try long orders with a stop loss of 3240 and a target of 3280-3300. Mid-term layout: If it effectively falls below 3250 at the beginning of next week, it may open up the downward space to 3220-3200; on the contrary, if it stands firm at 3315, it will look up to 3340-3360. Risk warning: Market volatility may increase after Friday's PCE data, so be alert to rapid reversals. Avoid chasing ups and downs, and pay attention to changes in volume near key positions. Key points Resistance: 3305-3315 (strong if broken), 3340 (previous high) Support: 3280 (intraday), 3260-3250 (strong and weak boundary), 3220 (medium term) Summary: Gold is short-term technically bearish, but fundamental support is still there. It is recommended to treat it with a volatile mindset, focus on the breakthrough direction of the 3300-3260 range, and be cautious in holding positions before and after the data.
FOREXCOM:XAUUSDShort
by Golden_Line_FX
1
USD/GHS Outlook: May 2025 Breakdown or Rebound?• The USD/GHS has a big drop — down over 27% in one month. • The price is now around GHS 10.23, sitting on a zone where price bounced in the past. • Key fib support zone 0.786 (10.698 GHS) — broken. • Key fib support zone 1.000 (8.50 GHS) — next likely support. • Current price is near an old support zone (10.00–9.00) – This could slow down the fall or cause a bounce. • If 9.00 breaks, the next strong support is around 8.50. • Momentum is bearish – No signs of reversal yet. If Price Goes Up from Here (Reversal Scenario) • Price may bounce around 10.00 or 9.00. • If that happens, watch for a move back up to 10.98 (the level it broke). • If it breaks above 10.698, the next upside target is around 12.42. If Price Keeps Dropping (Continuation Scenario) • If price drops below 9.00, expect a move toward 8.50. • If that breaks, the next support is around 7.00, and then possibly 5.70. What Is More Likely? • Right now, it looks more like the price will keep going down. • No bullish candle has formed yet, and momentum is negative • Until price shows a clear bounce, I expect further drop toward 8.50.
Short
by Roskobby
1
GBPUSDHello Traders! 👋 What are your thoughts on GBPUSD? GBP/USD has reached a key resistance zone and is currently trading below it. A bearish divergence has also formed, signaling potential weakness in bullish momentum. Given the confluence of resistance and negative divergence, we expect the price to struggle breaking above this level and likely decline toward the specified support zones. Unless price breaks above the resistance decisively, the bias remains bearish in the short term. Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
5