Continue to short gold after the reboundFundamentals:
1. Focus on Powell's speech at the Thomas Laubach Research Conference;
2. Pay attention to the situation of the Russia-Ukraine negotiations;
Technical aspects:
Gold has successively broken through the important support area of 3200 and 3160, and continued to around 3120; the short-term bearish trend is very obvious; although gold has rebounded to around 3170 again in the short term, I think the reason is one of the technical rebound repair after the decline; the second is the result of profit-taking of some short positions. So I fully believe that gold has the need to fall again after the rebound;
At present, we need to focus on the resistance of the 3175-3180 area, followed by the resistance of the 3195-3200 area; if gold cannot break through this resistance area during the rebound, gold is expected to fall again and continue to the area around 3100.
Trading strategy:
Consider the opportunity to short gold after gold rebounds to the 3275-3285 area; TP: 3150
TVC:DXY FOREXCOM:XAUUSD OANDA:XAUUSD CAPITALCOM:GOLD
Trend Lines
PNUT – Breakout Cooling Down, Not Done Yet - 3x is Near!
$PNUT is far from over. Clean breakout followed by a healthy cooldown—looking like a setup for continuation.
Would love to bid below 3c, as it's a pivotal level with strong confluence. If we see a market-wide pullback in the next couple of weeks, there’s a good chance those bids get filled.
Targeting the yearly open around 7c for an exit.
BINANCE:PNUTUSDT
GOLD → Correction ahead of news. Will the decline resume?FX:XAUUSD has been buying back all the losses from the Asian and Pacific sessions since the opening of the European session, but this looks more like a catapult being loaded...
GOLD broke through the global consolidation base of 3200, which only confirmed the bearish market structure. Investors are waiting for PPI and retail sales data in the US, as well as Fed Chair Powell's speech.
Expectations of fewer Fed rate cuts and optimism surrounding trade talks with China and South Korea continue to weigh on gold. However, weak macro data and a growing US budget deficit could revive interest in this safe-haven asset.
GOLD is in a correction phase and is heading towards the zone of interest: the liquidity zone and previously broken support of global consolidation.
Resistance levels: 3187-3190, 3200
Support levels: 3123, 3100
Gold may test the indicated resistance, but based on the nature of the market, this situation may end in a false breakout and a fall. Target 3123 - 3100.
However, unpredictable data may temporarily change the market, which could lead to momentum towards 3220-3230.
Best regards, R. Linda!
USDJPY to continue uptrendUSDJPY is forming has broken out of the downward channel and formed a new upward channel/trend. Expect a break of the trendline around 145.850 and continue upward from area
of support to resistance zone/are of interest at 150.734. This resistance area extends all the way back to 10/2023 and appears quite strong. The 1h chart is also showing a potential crossover of the RSI/RSI EMA. The ADX is falling, the DMI is divergent. The MACD is divergent and downward momentum is slowing.
15/5/2025 0226 PDT
NZDJPY Long We have three POI with the first already broken. Possibility of price reacting from the second (middle) POI and buying is high. Data showed from RSI and Stoch offers a possibility of it being over sold, so this may be valid.
However, this is not a trade idea but areas to watch out for. If price fails to react from the second POI and breaks it lower, then we can expect a push up from the third POI.
ETHEREUM → Consolidation. Which way will the distribution go?BINANCE:ETHUSDT.P has moved into a consolidation phase after the distribution phase. Focus on the 2414-2725 range. A retest of support is possible during the current phase. Despite the bullish trend, there are risks of a reversal...
ETH has been a fairly unprofitable project over the past few years, with the price hitting one bottom after another. While Bitcoin and altcoins were flying high, ETH has only shown itself to be a bull in the last few days.
In the current phase, the focus is on the consolidation boundaries, as well as the 2550 level. If the bulls keep the market above 2550, then the coin could strengthen to 2725, which would be a positive sign for us that buyers are interested in continued growth.
If ETH continues its correction towards support at 2414, then we will need to monitor the market's reaction to this level. I remain skeptical about ETH due to its weak long-term performance despite a strong fundamental backdrop.
Resistance levels: 2550, 2725
Support levels: 2414, 2260
Further movement will determine the price's exit from consolidation: a breakdown of support means a fall, a breakout of resistance means growth. But the current scenario is trading within the range. If ETH trades near 2725 and forms a pre-breakout consolidation, then we will have a chance for growth.
The opposite scenario is if the price falls below 2550 and begins to test 2414. In this case, sticking to the support level and numerous retests will indicate that the bull market has exhausted its strength and we can expect a correction to 2260-2065.
Best regards, R. Linda!
The technical side collapses! Can the bear market continue?🗞News side:
1. Russia and Ukraine hold ceasefire talks
2. Initial jobless claims data released during today's US trading session
3. Trump administration exposed to trillions of national debt
📈Technical aspects:
After gold fell below 3200, it pointed directly at the 3100-3000 line. Although there has been a rebound in the process, the current short-term short-term situation has not changed. The current lack of rebound momentum in the market is mainly due to the fact that the bad news has not been completely digested. At present, the gold price has rebounded to around 3160. Above, we need to pay attention to the first-line suppression of 3168, which is the first low point in the decline, followed by the 3190-3200 resistance zone above. If the gold rebound cannot break through the 3168 point, then the gold price will most likely continue its decline, test the 3120 low again, or even move towards 3000. If the European market hits the 3168 line and encounters resistance, it can be short-term and focus on the release of initial jobless claims data in the US market.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
Gold, let's fall like crazy
Gold is consistent with our previous analysis. It has reached a new low recently, breaking through the key position of $3,220, ushering in a new round of decline. Some people directly said: It can't hold on.
This time, after the gold price opened lower on Monday, it has been hovering above $3,200-3,220, fluctuating back and forth, and finally failed to rebound successfully.
There are various opinions on the market about the reasons for the decline, and the key point I emphasize is: whether the decline is over must depend on whether the high point before the last decline is lost, and if the key support position is lost, it can no longer be defended.
For example: Yesterday we first entered the market near $3,220 and rebounded to around $3,243, and we have always emphasized the gains and losses of the key position of $3,215. When it is lost here, we must adjust our thinking in time. The difference between us is who can change their thinking faster at the critical moment.
For physical gold or accumulated gold, it is very passive without hedging tools. For example, when the price breaks the key position, it can only be solved by cutting losses. Because of chasing in at a high position, there is no follow-up funds to lower the cost. At the same time, the funds account for too large a proportion of their own cash flow, which will lead to passive beating.
Therefore, the market will not always rise and never fall, nor will it only fall and never rise. The key is how to balance the allocation of funds and risks, whether the key position can be accepted in time after it is lost, rather than holding on to it. Trading is not a simple one-trick win, but a flexible response. For example, gold ETF: I have always been investing weekly, from last year to now, and the proportion will not be too large. The rise and fall in the middle has almost no effect on me, and the leverage method must be to make a day-to-day settlement. If you encounter a unilateral long-term, you will take a bite, and if you don’t encounter it, you will seize the moment.
Okay, let’s talk about today’s gold market:
On Wednesday, the formula for gold application is: Asian market falls, European market continues, and the rebound before the US market is to lure more, and go short when you see a high. The Asian session fell from the high point to $3220 and has been fluctuating repeatedly. After rebounding to $3243 in the European session, it did not continue, but started a wave of decline. The key position of $3215 was broken during the US session, and the short position was confirmed at this time.
Also, today is: the previous day's weak bottom closing, the next day's early trading can still be shorted, today's pressure position is around $3195, the rebound pressure is the position of the early morning high, and then it breaks down to $3150, and the key pressure at this time is the top and bottom conversion.
As shown in the figure, after the bottom oscillation, a new high point moves down and the low point breaks, which is a typical decline. The early morning high of $3195 is the key long-short dividing point, and the top and bottom conversion becomes today's new entry position for shorting. Remember one sentence: Never look for support to go long in a falling market, but look for pressure to go short. When will the decline end: the high point before the last 1-hour or 4-hour decline is broken and closed above this position. The retracement confirms that there is no new low. The market outlook will rebound or reverse. There is no need to guess when the bottom will be reached. The bottom is found, not guessed! ! ! !
Today, gold rebounded and went short in the range of 3165-70. This is the pressure point for the top and bottom conversion. There are three short periods today: the opening rebound high, the top and bottom conversion of the European session rebound, and the rebound before the US session after the European session weakened. The defensive position is above 3195 US dollars, and the focus below is 3145-40-32 US dollars.
GOLD → One step away from a bullish trend reversalFX:XAUUSD is emerging from the local corrective channel “flag.” Pre-breakdown consolidation relative to the base of the reversal pattern continues. All eyes are on 3200...
Gold is losing ground amid trade optimism and a strong dollar. The price is falling at the start of Wednesday as traders take profits after a rise from weekly lows. Weaker-than-expected US inflation has not justified expectations, but the Fed's refusal to cut rates soon is weighing on the metal. Optimism surrounding new trade agreements between the US and China, the UK, and other countries, as well as hopes for peace talks between Russia and Ukraine, are reducing demand for gold as a safe-haven asset.
Technically, the overall situation looks bearish. There is no deep pullback from support, which means pressure from sellers in the market. Consolidation is forming before an attempt to break through the 3200 level.
Resistance levels: 3243, 3257, 3269
Support levels: 3222, 3200
If the price continues to consolidate in the current local range and continues to attack support at 3222-3200, then in the short and medium term, we can expect the decline to continue. However, knowing the tricks of MM, the price may form a short squeeze relative to local resistance zones before falling further.
Best regards, R. Linda!
NZDJPY → Countertrend correction and false breakoutFX:NZDJPY is testing resistance within a global downtrend. The currency pair is not yet ready to continue its growth and is forming a local reversal pattern.
Within the global downtrend, the currency pair is forming a countertrend correction and testing resistance at 87.400. The liquidity pool formed above this level is not yet ready to let the price move further. Without the possibility of continuing growth, the price returns to the range and forms a false breakout of resistance. However, since we are in the range and the price has returned inside it, if the bears hold the line (the upper limit of the trading range) at 87.400, this could trigger a further decline, thereby continuing the global downtrend.
Resistance levels: 87.400
Support levels: 86.5, 85.26
Consolidation of the price below 87.400 will confirm that the price is not yet ready to continue the trend. The falling dollar index is provoking a rise in the Japanese yen, which may also put pressure on the currency pair.
Best regards, R. Linda!
Gold plummets, pay attention to the 3100 first-line support🗞News side:
1. Russia and Ukraine hold ceasefire talks
2. Initial jobless claims data released during today's US trading session
3. Trump administration exposed to trillions of national debt
📈Technical aspects:
Gold has been in a sideways consolidation yesterday, and we did not have a good entry opportunity to trade in the evening. Today, it has been falling with inertia since the opening of the market. It has now fallen to around 3130, successfully breaking through 3150, the key early point. At present, the daily chart of gold is in a downward wedge arrangement, with the focus on 3130 support below and 3200 suppression above. If the European market cannot fall below 3130, then be wary of bullish counterattacks.
On the other hand, if we fall below the 3130 line, we will fall back and continue to focus on the 60-day moving average support 3105-3110 area. Therefore, in terms of operation, gold will first focus on the 3130 first-line support. If it breaks below, wait for the 3105-3110 area and then consider buying based on the long-short game. The top target is the 3190-3200 area. If it does not break 3200, then go short!
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
EUR/USD Outlook – Potential Short SetupsHi everyone,
In today’s post, let’s break down the current market structure and potential opportunities in the EUR/USD pair.
🔍 Market Context
After nearly a month of consolidation, EUR/USD appears to have stalled around the previous weekly swing highs . Despite several attempts to hold above this level, the price eventually broke down, signalling a shift in structure on the 4-hour (4H) timeframe.
This short-term breakdown could be an early sign of a larger structural shift on the daily chart , and it’s something I’m keeping a close eye on.
🧭 Key Levels & Price Behaviour
At the moment, price action is bouncing from a demand zone , which might provide a short-lived relief rally . However, this bounce may only be temporary.
In my humble opinion, bullish momentum is fading , and we could be entering a trap zone for late buyers . I’m watching the 1.132–1.138 region , just above the short-term downtrend line, as a potential resistance zone and an ideal area to consider shorts.
🎯 Trade Ideas
I’ve marked two trade setups on the chart, catering to different risk profiles:
1. Aggressive Trade – For traders willing to enter closer to resistance with tighter stop losses.
2. Conservative Trade – For those who prefer more confirmation before entry.
You can treat these setups independently or combine them into a single strategy depending on your trading style and risk tolerance.
⚠️ Disclaimer
This post is purely for educational purposes . I am not a financial advisor , and nothing here should be taken as financial advice. Always consult your financial advisor before making any investment or trading decisions.
GBPNZD – 4hr Update – May 15Price pulled back to our key support at 2.23958 yesterday and held perfectly — now up over 135 pips.
We're approaching our next key zone at 2.25282, which has acted as resistance consistently this month.
🔹 If we break and close above 2.25282, we look for continuation buys to 2.26228
🔹 That gives us another +90 pips potential
Bias remains bullish unless we fail to break this next key level — no need to rush entries before confirmation.
XAUUSD SellThis week's trading cycle is fast. And there are huge fluctuations. The news is still more negative. So the decline is expected. Followers have also gained rich profits.
At present, the entire trading logic is still mainly selling. With the gradual realization of the goal, the space below becomes larger.
After the target of 3160-3130 is reached, XAUUSD has reached the lowest position of 3119. This is a huge drop. The trading opportunities are also greater. At present, 3150-3130 is a support in a dense trading area. In the short term, you can pay attention to the rebound position of 3160-3172DE selling position. The target is 3100-3070.
If it breaks through 3175, then the short-term needs to pay attention to the upper pressure level of 3200-3210. The transaction is still mainly selling.
XAUUSD target range 3160-3130Continue to short and make a profit. So how to trade next time?
The news is very stable at present. Especially about the news related to geopolitics and tariffs, there are no more conflicts to cause the momentum of XAUUSD to rise. So the feedback on the chart is a decline.
Although there were some small losses in buying. But the subsequent shorting made a good profit. After making up for the losses, there is still some profit.
Next, continue to pay attention to the target range of 3160-3130 below. Investors with larger funds can choose to trade at the current price. 3210-3200 gradually increase the buy order. More detailed information can be obtained in the band trading center.
If you don’t pay attention, you can observe and read it. You can also leave me a message.
Bitcoin May 13, 20251. Trend Overview (Short- to Mid-Term)
• Bitcoin is in a strong uptrend, supported by the steep rise from ~84,000 to over 104,000.
• The price is currently in a consolidation zone near recent highs, indicating indecision but not yet weakness.
• The price is above all major moving averages (9 EMA, 20 SMA, 50 SMA, 200 SMA) — a classic bullish structure.
• However, the sharp angle of the short-term trendline shows the rally may be overextended and vulnerable to a pullback.
⸻
2. Price Action & Candle Pattern
• The recent small-bodied candles with long upper wicks show buying pressure weakening near 104,000 — a common sign of exhaustion or distribution.
• No strong bullish engulfing or reversal candles yet — currently a neutral-to-cautious stance.
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3. Volume Analysis
• Volume has decreased during this sideways movement.
• This hints at buyer fatigue or waiting for a catalyst.
• Volume spikes were mostly seen on bullish candles earlier, showing strong buying interest earlier in the rally, but less so now.
4. Key Technical Levels
Resistance
104,000
Multiple rejections here; breakout level for bullish continuation
Support
102,100–102,800
Confluence of 9 EMA and rising trendline — make-or-break zone
Support
100,000
Psychological round number + recent base
Support
98,600
20 SMA support — deeper correction zone if trend breaks
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5. Pattern and Risk Assessment
• A rising wedge pattern appears to be forming — typically bearish if confirmed.
• The uptrend is intact, but:
• A close below 102,100 on higher volume could trigger a short-term pullback toward 100,000 or 98,600.
• A close above 104,000 with volume would confirm bullish continuation.
⸻
Overall Conclusion
Bitcoin remains technically bullish, but it’s now at a critical decision point:
• As long as price stays above the 102,100–102,800 zone, bulls are in control.
• Watch volume closely — low volume favors pullback; high-volume breakout above 104,000 favors another leg higher.
• A rising wedge + weakening volume implies caution — partial profit-taking or tight stop-losses would be prudent for short-term traders.
GBPUSD InsightHello to all our subscribers.
Please share your personal opinions in the comments. Don’t forget to hit the boost and subscribe!
Key Points
- The summit at the Istanbul meeting scheduled for the 15th is effectively canceled. U.S. President Trump stated that he is considering a second round of sanctions if Russia does not agree to peace negotiations.
- According to foreign media, the U.S. trade negotiation team will not include any commitments regarding foreign exchange policy in the agreement. It was also reported that U.S. Treasury Secretary Scott Bessent has not delegated authority to negotiate exchange rate issues to any official.
- Although there were reports that working-level officials from South Korea and the U.S. held exchange rate talks in Milan, Italy, on the 5th, the absence of exchange rate discussions aimed at weakening the dollar in the trade agreement has led to dollar strength.
- China’s Ministry of Commerce announced a suspension of certain non-tariff retaliatory measures imposed on U.S. companies.
Key Economic Events This Week
+ May 15: U.K. Q1 GDP, U.S. April Retail Sales, U.S. April Producer Price Index (PPI), Fed Chair Powell’s Speech
+ May 16: Japan Q1 GDP
GBPUSD Chart Analysis
After falling to the 1.31500 level as expected, the pair reversed and climbed toward the 1.34000 area. However, for further upside potential, it must break through the 1.34000 level.
We will use the upper resistance and lower support levels as key reference points.
A break below 1.31500 suggests a bearish trend, while a breakout above 1.34000 would indicate a bullish trend.
JSW Steel: Climbing the Channel with Precision!Summary:
JSW Steel has been steadily moving within a well-defined ascending channel since mid-2022. The stock has shown a disciplined pattern of higher highs and higher lows, with multiple rally phases of 18% to 30%, followed by orderly corrections. The overall technical structure remains bullish.
Technical Highlights:
Trend direction is clearly upward, confined within a rising parallel channel.
Each rally phase has delivered 20–30% gains over 1–3 months.
Pullbacks have consistently found support near the lower boundary of the channel.
Volume tends to increase during upward moves, confirming buyer interest.
Interpretation:
The current 10% correction is in line with previous pullbacks and remains within the trend channel. As long as the price stays above the lower channel (₹940–₹960), the bullish setup remains intact. A move toward the upper channel (₹1,150–₹1,200) is probable if support holds.
Outlook:
In the short to medium term, this presents a favorable risk-reward opportunity for investors aiming to ride the next move higher.
A breakdown below ₹900 would negate the bullish thesis and warrant reevaluation.
Conclusion:
JSW Steel continues to present a technically strong chart with repeated opportunities to buy on dips. As long as the channel remains intact, the stock is well-positioned for another upward leg. Ideal for medium-term investors with disciplined risk control.
Disclaimer:
This analysis is for informational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions. The author does not hold any position in JSW Steel at the time of writing and has no financial interest in the outcome of this analysis.