Trend Lines
GOLD → Consolidation (correction) ahead of newsFX:XAUUSD is testing resistance at 3346 and forming a correction, leaving liquidity above the level as the current target. The correction was influenced by the dollar. What can we expect next?
Gold is rising for the fourth day in a row and is approaching $3350, awaiting US PMI data. The dollar remains weak amid geopolitical risks, US-China disputes, and concerns about the US budget. The passage of Trump's tax bill could increase the deficit and pressure on the dollar. Weak PMI data could support gold by heightening expectations of a Fed rate cut
Technically, with the dollar falling, gold has every chance of continuing its rise. But now we are seeing a correction forming. I would say that the relevant areas of interest are 3288 and 0.5 Fibo
Resistance levels: 3346, 3360, 3409
Support levels: 3288, 3275, 3265
As part of the correction, gold may enter a consolidation phase, during which the price will gather liquidity relative to key areas of interest before continuing its growth. A retest and false breakout of 3288 - 3275 is possible before the growth continues.
Best regards, R. Linda!
XLMUSDT → Consolidation above 0.300 will provide an opportunityBINANCE:XLMUSDT.P is returning to the buying zone relative to strong resistance as part of a local uptrend. The market backdrop is favorable, but Bitcoin poses risks...
Bitcoin is updating its historical high and continuing its bullish trend, which is a favorable backdrop for altcoin growth. However, risks are posed by the fact that BTC may form a false breakout of resistance, which would trigger a correction across the entire market.
XLMUSDT is returning to the buying zone relative to strong resistance as part of a local uptrend.
If the bulls hold their ground above 0.3000, growth may continue in the short and medium term.
Resistance levels: 0.318, 0.324
Support levels: 0.300, 0.2975, 0.2799
The focus is on 0.3000, which is a fairly important and key (psychological) level. If the bulls manage to hold their ground above this point, the price will continue to rise, but it is necessary to monitor the behavior of the bitcoin.
Best regards, R. Linda!
NZDJPY → Pre-breakdown consolidation. Readiness for a declineFX:NZDJPY is under pressure from a global downtrend. Locally, a flat (range) and pre-breakdown consolidation relative to support are forming on the chart...
After a false breakdown of support on May 16, the price failed to reverse and grow. Instead, the currency pair entered a consolidation phase, during which it continues to test support. Each subsequent retest of 85.25-85.30 only increases the chances of a breakout with the aim of continuing the decline. Another important nuance is the elimination (short squeeze) of local resistance at 85.95.
Pressure on the price is also being exerted by the falling dollar index, which is strengthening the Japanese yen, which is generally reflected in the price of NZDJPY...
Support levels: 85.300, 85.25, 84.195
Resistance levels: 85.7, 85.95
The continuation of the current consolidation and the compression of the price towards support only increases the chances of a breakdown of the 85.30 support level. A break and consolidation of the price below 85.25 could trigger a further decline.
Best regards, R. Linda!
ETHUSD BUY 2600On the daily chart, ETHUSD stabilized and moved upward, and bulls took advantage. Currently, we can pay attention to the support near 2600. If it falls back and stabilizes, we can consider continuing to buy. The upper resistance is around 2850, and the breakthrough will go to the 3000-3200 area.
XAUUSD LongWe can see that Gold is bullish in the Higher Time Frame. From picking the Day FVG gold bounced up and then formed a triangle pattern breaking 3250 resistance this week.
I'm seeing the Trendline acting as a support now for the Gold and Expecting gold to push to ATH in coming days.
I feel Gold will finish this week between 3320-3330 and then a breakout to the upside next week targeting 3430 and 3500 being the targets.
Happy Trading!
XAUUSDToday, the follower executed accurate signals in the band trading center and made a profit. The current news is relatively stable. The technical side continues to pursue long orders.
Combined with SMA, there is a support position below 3300-3290. The retracement range is 1%. It is currently in perfect agreement with the expected value.
The current price is 3312. At present, we need to wait for the market to digest some negative factors before looking for opportunities to buy. Below 3310 is a good buying position. Above 3345 is a pressure position that needs to be paid attention to in the short term. If it breaks through, you need to pay attention to whether the position of 3350-3360 can break through stably before considering buying.
Do not trade independently during the trading process. To avoid any losses. If you don’t know how to trade, remember to pay attention to the buying and selling suggestions of the band trading center.
Taking Profits on EURUSDEURUSD continues to follow the analysis precisely, but it’s time to start watching for profit-taking opportunities.
The trend remains intact, though a deeper correction is possible.
Keep an eye out for signs of exhaustion after breaking the previous high and a potential rejection.
At these levels, avoid opening new positions - instead, focus on managing and closing active ones.
Once the correction plays out, there will be better setups for new trades.
Flexible strategies lead to the best response.📍News:
The continued escalation of the war in the Middle East has increased risk aversion in the gold market.
At the same time, the Russian-Ukrainian negotiations broke down, and Russia launched the largest attack since 2022. Under the double attack, the market's risk aversion is full.
📊Gold technical analysis:
Today's gold price showed a violent fluctuation pattern. During the Asian session, the gold price quickly broke through the 3345 regional resistance and then fell back quickly, indicating that the short-term top pressure was significant. Subsequently, the market fluctuated repeatedly in the 3345-3320 high range and the 3320-3280 low range. After testing the 3350 high point in the Asian session, it retreated sharply, releasing a staged peak signal, indicating that the previous increase has entered the correction and callback stage, but the overall trend is still dominated by wide fluctuations.
Market sentiment reversed, and the price slowly fell and then was pulled up by the positive line. The game between long and short positions was fierce. Although the short position once dominated, the long position counterattacked strongly, and it is expected that it may hit the resistance near 3320 again. The current market has not formed a unilateral trend. The operation is still to deal with the idea of shocks, and maintain the idea of high-altitude and low-multiple. The strong resistance above is at 3350, and the key support below is 3280-3275. The probability of breaking down in the short term is low.
🎯Operational suggestions: Go long on gold when it falls back to around 3280-3275, look at 3300 and 3320, and go short if the rebound pressure of 3320 is not broken.
GBPUSDHello to all our subscribers!
Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe.
Key Points
- U.S. President Trump’s proposed tax cut bill has passed the House of Representatives. In the short term, the market views this as a positive factor for the economy, but in the long term, it is also seen as a negative factor due to the potential increase in the fiscal deficit.
- The Eurozone’s preliminary Services PMI for May came in at 48.9, and the Composite PMI was 49.5, suggesting that private-sector activity is entering a contraction phase.
- The U.K. Office for National Statistics reported that April’s CPI rose by 3.5% year-on-year. Service prices increased by 5.4%, exceeding market expectations. The market expects the Bank of England to hold interest rates steady at its June and August Monetary Policy Committee meetings.
Key Economic Schedule This Week
+ May 23: Germany Q1 GDP
AUDUSD Chart Analysis
The price has surged past the 1.31500 level and even broken through resistance at the 1.34000 level. There appears to be room for further upward movement, with a potential peak near the 1.35500 level. After this, a reversal to the downside is likely, with a possible decline toward the 1.32000 level.
GALA - sleeping giantFinding strong support @ 0.013 - 0.016 range (which is 0.5 fib measuring ATL to ATH)
Huge upside potential @ 4,100% vs -70% risk (assuming we reach / exceed the ATH of $0.76)
Increased movement in the Weekly RSI
2 x breakout attempts of the downtrend. Could be 3rd times a charm 🤷♂️
Estimate flight time to target = Dec 2025
EUR/USD Forming Double Top –Bearish Reversal Toward Key Support?📉 EUR/USD Technical Outlook – Bearish Bias Developing 🔍
🟪 Key Resistance Zone:
📍 1.1350 – 1.1450
Price has tested this resistance zone multiple times, forming a double-top pattern (🔄) within the highlighted circle. This signals buying exhaustion and potential reversal pressure. The recent failure to break above confirms the zone’s strength.
🔴 EMA Confluence:
🧭 50 EMA (red): ~1.1242
🧭 200 EMA (blue): ~1.0961
The price is currently hovering just above the 50 EMA but well above the 200 EMA, which is acting as a dynamic support. The crossover has already occurred, so if price breaks below the 50 EMA decisively, momentum could shift bearish.
🔻 Support Breakdown Risk:
A breakdown from the 1.1200 neckline area (highlighted in red oval) would confirm the double-top pattern 🎯. That opens downside potential toward the strong demand zone below.
🟪 Strong Support Zone:
📍 1.0700 – 1.0800
This area aligns with prior consolidation (March lows) and the 200 EMA, making it a high-probability reversal zone 📈 if the bearish scenario plays out.
📌 Trade Setup Insight:
✅ Bearish confirmation below 1.1200 neckline 📉
🎯 Target: 1.0800 zone
❌ Invalidation: Break above 1.1350 resistance
🔵 Summary:
The chart is hinting at a classic double-top reversal below a key resistance zone. If price breaks the neckline, sellers are likely to gain control, targeting the strong support near the 200 EMA.
📊 Bias: Bearish 👇
📅 Timeframe: Daily
🛑 Risk Management: Watch for fake-outs near neckline; volume confirmation preferred.
Advanced Auto Parts | AAP | Long at $64Advanced Auto Parts NYSE:AAP has gone through an exquisite shakeout of shareholders. Currently trading near $64, the stock is currently testing my "stock crash" simple moving average (seen green SMA lines). From a technical analysist standpoint, it's in a personal buy zone. This stock has tested this simple moving average level a few times in the past and recovered very well. Will history repeat?
Target #1 = $88.00
Target #2 = $110.00
BTCUSD update May 22nd, 2025I have returned and here is my updated chart. I'm such a perfectionist sometimes when it comes to lines that it takes my hours to get them exactly how I envision. To start off, yes I am bullish on Bitcoin and believe that this cycle hasn't ended yet but I will admit that I think the end of it is closer than the beginning. With that being said, I will not disappear when the bear market starts, I will simply make updates and try to catch the bottom like I did in the past. So far I am going with history and my bottom target is above 66,800 and I expect the floor to fizzle out around 71-73k; if it ends up being higher than that, great! Overall this idea is just an update for my own personal records and my prediction is based on what has happen that last time this pattern was brought to us.
Stay safe out there, happy trading, and as always--Cheers!
VIX | Nov 19, 2025 Call Options | Strike $21TVC:VIX , the great "fear" index, has two looming price gaps on the daily chart. Every gap has always been filled in the history of the $TVC:VIX. Given the 90-day tariff pauses and forever world turmoil, there will (undoubtedly), be a spike in the TVC:VIX to close these open gaps. It's just a matter of timing... I've chosen to go 6 months out on the option date (November 19, 2025) as a hedge to my portfolio ($3.45 per contract). I plan to add more contracts if the TVC:VIX dips into the 13-14 area, too.
I truly dislike timing the market, but such a position could be a nice 3x gainer of the TVC:VIX spikes to $36 in short time. Or... totally worthless if we are in a constant bullish market for the next 6 months.
Time will tell.
USD Reversal From 2025 Downtrend- DXY Short-term LevelsThe US Dollar Index rallied more than 4% off confluent support with the recovery failing at the yearly downtrend this month. The decline is responding to initial support late in the week with the near-term recovery may be vulnerable as we head into the close of the month.
A look at DXY price actions shows the index rebounding off support today at 99.40/47- a region defined by the 61.8% retracement of the April rally and the May low-day close (LDC).
Initial resistance is eyed at the 38.2% retracement of the recent decline / 2024 low-close at 100.35 with key resistance around the 50% retracement at 100.65- note that the April trendline converges on this threshold over the next few days. Ultimately, a breach above the Friday close / 61.8% retracement at 100.97 is needed to suggest a more significant low was registered last month / validate a breakout of the yearly downtrend.
A break below the weekly lows would threaten resumption of the broader downtrend towards subsequent objectives seen at the 78.6% retracement at 98.79 and key support at 97.71-98.39- a region defined by the 2018 swing high, the 2025 swing low, and the 61.8% retracement of the 2018 advance. Look for a larger reaction there IF reached.
Bottom line: The U.S. Dollar has broken below a multi-week uptrend with the bulls now attempting to mark resumption of the yearly downtrend. From a trading standpoint, rallies would need to be limited to 100.65 IF the index is heading lower on this stretch with a close below 99.40 needed to fuel the next leg of the decline.
Keep in mind we get the release of key U.S. inflation data next week with core personal consumption expenditures (PCE) on tap into the close of the month. Stay nimble into the release and watch the weekly closes here for guidance.
-MB
S&P 500: Consolidating & forming bull flag on support trendlineSo, we all know that the market is taking a breather, and the past week has been mostly flat (kind of). There have been plenty of headlines, some good, some bad. Most notably, the news about the Moody's US credit downgrade. I woke up one morning, took a look at LinkedIn and saw all the CFA-certified investing experts expecting a massive game-changing moment, potentially a market crash.
Except, the market hasn't responded so negatively. In fact, I'd say that while long-term yields have been rising, the market has been doing its own thing .
For instance, taking a look at the daily chart of the S&P 500 paints a different picture of the doom and gloom that I've been hearing ALL weekend and ALL week long. As you can see, the index is currently sitting on the daily support trendline which goes back to the 7th April low.
On that trendline, taking a closer look, it seems the flat price action has been forming a bull flag. It's quite narrow and tight. But it certainly is a fine-looking bull flag. And a break above that would take the S&P 500 even higher.
This would also likely have a positive effect on other indices. Furthermore, it might be worth keeping an eye on the big S&P 500 stocks that are high-beta and like to follow the market.
So, to my point about how the market has been doing its own thing...seems that the Moody's downgrade could have possibly been already priced-in. I could be wrong, of course, as markets are still quite volatile and fragile to any sort of macro and global developments about trade and conflicts around the world.
Thank you for reading.
Note: not financial advice