Trend Lines
XAUUSD buying opportunitiesToday, I am adapting to low buy operation again. Yesterday, the lowest price in New York market reached 3278, and today the lowest price in Asian market hit the low near 3245. But with the addition of buy orders, the profit has expanded a lot again.
XAUUSD market quotation is 3298. This position can still be arranged for buying. Do not trade independently. Remember to leave me a message. Pay attention to the subsequent precise trading opportunities.
The direction is reversed, let's go short together
Views on the trend of gold in the European session!
The view of continued retracement remains unchanged. Although the market fell sharply at the opening and quickly rebounded again, it is still suppressed by the short-selling pattern. Even if there is a large rebound and a break, it is only a lure to buy. In fact, it is a short-selling after the wash. In addition, it has been fluctuating and adjusting for several weeks, but we have been paying attention to the high-rising big positive line closing last week, but we did not expect it to continue to weaken this week.
This is just the beginning of the short-selling. 3280 is the previous low support of gold price. After testing the support, a short-term long-short reversal is formed. It retreats and breaks the low point. It is expected that it will continue to test the low point today. The gold price will be dominated by a short-selling decline. The current round of decline has not been reversed, and the short-selling target below is still the 3233 and 3209 levels!
Gold: Continue to short near 3280 after the second pullback, defend 8-10 US dollars, target 3233-30, break through and look down to 3209! On the contrary, you can enter long positions in the short term and bet on a rebound!
Gold's rebound is weak and the bearish trend is dominant.The 1-hour gold chart shows that the Bollinger Bands open downward, and the gold price is running near the lower track, with a weak short-term trend. If it fails to rebound effectively and break through the 3290 line, the support below will focus on the 3240-3230 area. Overall, the gold price fluctuates downward, the moving average system is in a short position, and the downward pressure is further revealed. It is currently recommended to continue to maintain a high-altitude thinking and focus on short-selling opportunities after the rebound.
In the short-term operation of gold during the day, rebound short-selling is the main focus. Pay attention to the pressure level of the 3290-3280 area above, and the support level of the 3240-3230 area below. In terms of operation strategy, it is recommended to arrange short orders when the gold price rebounds to the 3280-3290 range. This is a key pressure area, and it is necessary to pay attention to the market reaction in this range.
The golden range strategy continues to workGold bottomed out and rebounded as expected today. Friends who follow me should be able to clearly feel that I have been insisting on analyzing the trend of "bottoming out and rebounding" recently. Today, gold opened at 3300, and rebounded after the lowest price fell to around 3291. So far, the highest price has reached 3325. Overall, the support below gold is still strong, but the suppression above cannot be ignored. Therefore, the market performance yesterday and today was relatively stable, with small fluctuations as the main trend.
In terms of operation ideas, continue to pay attention to the support level of 3290-3295. If it falls back and does not break, maintain a bullish mindset. At present, the long orders in the 3290-3295 range have been notified to enter the market as planned, and are currently in the profit stage. If you encounter difficulties in the current gold market operation, I hope my analysis can help you. Welcome to communicate at any time.
From the 4-hour cycle chart, the support below gold is around 3290-3295, and the pressure above is concentrated in the 3330-3340 range. In the short term, the watershed between long and short is around 3275-3283. Before the daily level effectively falls below the watershed, it is still in a long-short shock pattern, maintaining the main theme of "high-altitude and low-multiple" cycle participation.
Gold operation strategy: If gold falls back to the 3290-3295 line, you can try to go long. If it further falls back to the 3280-3285 line, you can consider covering long orders, and the target is around 3316-3320.
USDJPY - Will the dollar weakness stop?!The USDJPY currency pair is above the EMA200 and EMA50 on the 4-hour timeframe and is moving in its ascending channel. In case of correction due to the release of today's economic data, we can see a downward trend and then see the demand zone and buy in that range with an appropriate risk-reward ratio. A credible break of the indicated resistance range will pave the way for the currency pair to rise.
Japanese Prime Minister Shigeru Ishiba emphasized that investment is more crucial to economic growth than tariffs, reaffirming Japan’s continued commitment to negotiating the removal of U.S. trade tariffs. He also pointed to encouraging signs in the Japanese economy following wage increases and offered an optimistic outlook on the country’s recovery.
Meanwhile, Bank of Japan Governor Kazuo Ueda, speaking on Wednesday, warned that significant volatility in ultra-long-term bond yields could affect short-term borrowing costs, which in turn might exert a stronger impact on the broader economy. His remarks highlight the BOJ’s growing focus on recent fluctuations in long-dated bond yields, which could influence the board’s decision next month regarding the pace of its bond purchase reduction.
Ueda explained that in Japan, short- and medium-term interest rates tend to have more direct influence on the economy than ultra-long yields, due to the maturity structure of household and corporate debt. However, he acknowledged in a parliamentary session that sharp moves in ultra-long yields can also affect long- and even short-term bond yields indirectly.
Turning to Friday’s inflation report, expectations suggest that overall inflation remained subdued in April, as falling gasoline prices provided some relief to household budgets. However, core inflation—excluding food and energy—remains stubbornly high.
The PCE inflation index is anticipated to have risen 2.2% in April from a year earlier, slightly down from 2.3% in March, marking the lowest level since last September. Federal Reserve officials are still awaiting more data on how newly imposed tariffs are feeding into the broader economy, making it unlikely that the recent moderation in inflation will prompt a rate cut in the near term.
Although the Fed’s preferred inflation measure may have reached its lowest point since September, a second consecutive month of encouraging price data is unlikely to be sufficient to justify easing interest rates.
According to a survey conducted by Dow Jones Newswires and The Wall Street Journal, economists expect Friday’s report—covering inflation, income, and spending—from the Bureau of Economic Analysis to show that consumer prices rose 2.2% year-over-year through April. This would mark the lowest reading since September and a potential turning point in the Fed’s battle against post-pandemic inflation.
Goldman Sachs economists noted that falling gasoline prices have more than offset the inflationary impact of new tariffs introduced by the Trump administration. However, they cautioned that this dynamic may not last, as retailers are likely to start passing along the added import tax costs to consumers in the coming months.
Several Federal Reserve officials, concerned that tariffs could reignite inflation, have stated that they will wait to assess the full impact of these trade policies on the economy before making changes to the federal funds rate—which directly affects borrowing costs on everything from mortgages and auto loans to credit cards.
EURUSD – Bullish Bias ReconfirmedWe saw the pair pull back yesterday to our 1.12372 level, providing a textbook HRHR entry. The market has since bounced and looks poised for further upside if key levels break:
🎯 HRHR Buys: Already triggered at 1.12372
✅ Safe Buys: Above 1.14149, continuation setup
🛡️ Safest Buys: Above 1.16020, clean breakout targeting next key swing zones
We remain long-biased as long as 1.12372 holds.
US500 - Will the stock market reach ATH?!The index is above the EMA200 and EMA50 on the four-hour timeframe and is trading in its ascending channel. I expect the index to continue moving, and on the other hand, if the index declines towards a certain zone, you can also look for the next S&P long positions with a risk-reward ratio.
Yesterday, a U.S. federal court halted the implementation of President Trump’s “Freedom Day” tariffs. The U.S. Court of International Trade ruled that these tariffs exceeded the legal authority granted to the president and unanimously decided to revoke them. Nonetheless, Trump still retains the right to appeal the ruling.
Following the court’s decision, President Trump promptly filed an appeal. In response, the White House issued a statement asserting, “The decision on how to handle a national emergency should not fall into the hands of unelected judges.”
Meanwhile, the market reacted strongly to Nvidia’s latest financial report. The company’s stock surged by as much as 5.8% in after-hours trading, before settling at a 4.8% gain compared to the previous day.
This bullish movement reflects investors’ confidence in Nvidia’s continued strong performance.
Nvidia is actively expanding into new markets, including the Middle East—an indication that the company is poised for sustained growth even if its presence in China is constrained.
The rally in Nvidia’s stock didn’t just lift semiconductor companies; broader markets followed suit. The S&P 500 index climbed to 6,005.75 points, representing a 1.7% increase from the prior session.
According to the company’s announcement, Nvidia posted $44.1 billion in revenue for the first quarter of fiscal year 2026, marking a 69% increase year-over-year and slightly surpassing analysts’ expectations. Revenue from data center operations rose 73% to reach $39.1 billion.
CEO Jensen Huang stated: “Our Blackwell NVL72 AI supercomputer—designed for reasoning and acting as a ‘thinking machine’—is now being mass-produced by system builders and cloud service providers.” He added, “There is enormous global demand for Nvidia’s AI infrastructure. Over the past year alone, AI inference token generation has grown tenfold. As AI agents become mainstream, the demand for AI compute will continue to surge.”
A Reuters poll now projects that the S&P 500 will reach 5,900 by the end of 2025—down from the 6,500 level forecast in February. Similarly, the Dow Jones index is expected to close 2025 at 43,708, compared to the previous projection of 47,024 from the February survey.
Separately, the Federal Deposit Insurance Corporation (FDIC) reported that the increase in U.S. bank profits was largely driven by growth in noninterest income. Bank earnings in the first quarter of 2025 rose by 5.8%, reaching $70.6 billion. While overall asset quality remains favorable, the commercial real estate loan portfolios continue to show signs of weakness. The number of “problem banks” declined by three, bringing the total down to 63. The banking industry also reported a slowdown in lending growth; the annual loan growth rate for the first quarter was just 3%, down from the pre-pandemic average of 4.9%.
Gold shocks extreme pull, US market layout🗞News side:
1. Musk issued the "strongest" condemnation of Trump
2. Trump and Netanyahu failed to reach an agreement, and the US-Iran negotiations may be "disrupted" by Israel
📈Technical aspects:
The trading strategy we have given is still valid. The current gold price trend on the hourly chart shows a standard descending flag pattern. If this pattern continues to be effective, there is a high possibility that the gold price will fall below 3285-3280. Once it falls below this range, as we gave in the strategy this morning, it may fall to the 3260-3250 line. However, the premise for this expectation to be established is that the gold price cannot break through and stabilize on the upper track of the consolidation channel, otherwise the descending flag pattern will be invalid. Therefore, for US market operations, short positions can be arranged around the upper rail of 3325, paying attention to the suppression effect; for the lower rail, first pay attention to the support effect of 3300.
sell 3325-3330
TP 3310-3300
buy 3290-3280
TP 3310-3320
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
EURUSD: Breaks Down : Is 1.11000 the Next Target?OANDA:EURUSD continues to follow its bearish trajectory after rejecting resistance within a clearly defined descending channel. At this key level, price formed a converging triangle pattern and has now broken to the downside, confirming strong selling pressure.
If sellers maintain control at this zone, we could see price fall toward 1.11000, a key support level that aligns well as a short-term target within the current bearish market structure. However, failure to break below this support could invalidate the bearish outlook and signal a potential recovery.
Traders should monitor for bearish confirmation signals, such as weak pullbacks, lower highs, or increasing sell volume before entering short positions.
If you agree with this outlook or have additional insights, feel free to share your thoughts in the comments!
Gold price shorts stabilize, continuing to fall
💡Message Strategy
Gold prices fell into a weak consolidation pattern as the U.S. dollar continued to rebound and market risk appetite increased, suppressing safe-haven demand. Although it rebounded slightly, it failed to stand firm at $3,300, indicating that the upper resistance is still strong.
From a fundamental perspective, the recently released US durable goods orders and consumer confidence index performed better than expected, providing support for the US dollar.
Specific data showed that US durable goods orders fell 6.3% in April, better than the expected -7.9%, although far lower than the revised value of 7.6% last month; core orders (excluding transportation) recorded an increase of 0.2%. In addition, the US consumer confidence index rebounded sharply to 98 in May, the largest monthly increase in nearly four years, reflecting the improvement of economic and employment prospects.
Trump's postponement of the 50% tariff on the European Union until July 9 has strengthened risk appetite in the short term and weakened the safe-haven demand for gold. However, there are still major uncertainties in trade policy, coupled with the continued deterioration of the US fiscal situation and continued geopolitical risks, which provide some support for gold prices.
In addition, the market generally expects the Federal Reserve to cut interest rates twice in 2025, and this prospect is gradually being factored into gold prices. In particular, if the "Beauty Act" is passed, it will aggravate the fiscal deficit, which may put medium-term pressure on the US dollar and provide long-term support for non-yielding gold.
📊Technical aspects
On the technical level, gold prices fell below the short-term rising trend line on Tuesday and then fell further. It is currently testing the $3,300 level where the 200-period moving average of the 4-hour chart is located. Once the moving average is clearly broken and a valid close is formed, the short-term downward trend may be confirmed.
The initial support level below is in the $3,250-3,245 area. This range has formed a consolidation platform in the past few trading days. Once it falls below or triggers more stop-loss selling, the target will point to the $3,200 integer mark.
Therefore, for the next gold, the best way is to suppress the decline at 3320, break through 3285 (expand the range to find 3275), and successfully break through the downward switching space range of about 30-40 US dollars. If the price breaks through 3320, it will be treated as a sweep, waiting for the upper side to determine the higher resistance of 3330-3325, and then look down to 3285 (expand the range to find 3275), breaking through the switching space
💰 Strategy Package
Short Position:3320-3330,3340-3350
EUR/GBP Weekly Breakout With Potential Retest Toward 0.85On the weekly timeframe, EUR/GBP has broken above a long-standing descending trendline that has acted as dynamic resistance since late 2022. This trendline has been respected multiple times, as shown by the repeated rejections near the line, indicating strong selling pressure in previous attempts. However, the recent bullish breakout marks a potential shift in the market structure.
After a clean break above the descending trendline, price has started to retrace toward the breakout zone. This behavior is typical and aligns with classical technical analysis, where previous resistance often turns into new support. The region around the broken trendline, particularly near the psychological level of 0.8500, now becomes a key area to watch for a retest and potential bounce.
A successful retest around 0.835–0.84 could signal continuation of the bullish breakout, with 0.8500 serving as the next key resistance and potential short-term target. A rejection from this area, combined with bullish candlestick confirmation, could offer a favorable long entry opportunity. However, if the retest fails and price falls back below the trendline, it would invalidate the breakout structure and could indicate a false breakout scenario.
Trade Plan:
Retest Entry Zone: 0.8350–0.8400 (look for bullish confirmation)
Target: 0.8500 (psychological resistance)
Stop-Loss: Below 0.8300 (to invalidate trendline support)
This setup reflects a textbook breakout-and-retest structure, offering a clear technical roadmap supported by trendline theory and psychological level behavior. Traders should wait for confirmation before committing to a position.
Disclaimer: This analysis is part of a trading plan and does not constitute trading advice. Always apply proper risk management in every trading decision.
Nasdaq - The final bullrun breakout!Nasdaq - TVC:NDQ - might break above all structure:
(click chart above to see the in depth analysis👆🏻)
It is quite incredible how volatile stocks have been lately, especially considering that fact that the Nasdaq is about to create new all time highs again. Consequently, we are about to witness a significant structure breakout, which would ultimately lead to another rally of about +30%.
Levels to watch: $21.000
Keep your long term vision!
Philip (BasicTrading)
Bitcoin soon above 114K and market there would be nonstop pumpAs we can see price is near our possible ATH resistance zone which soon can break and any breakout there cause a bullish market which Alts will pump hard after a years of sleep.
Major supports are also mentioned on the chart too and previous ATH resistance zone now is strong support which retest also completed.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
ETHUSDT still sleep but soon will break the NewsETHUSDT this time will touch new ATH with Bitcoin pump not like previous time sleep price is still weak but first resistance is broken and soon will pump above 3000$ and the journey will start there and huge pump will lead ASAP.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
Bitcoin is Nearing a Key Support Level!!!Hey Traders, in today's trading session we are monitoring BTCUSDT for a buying opportunity around 107,000 zone, Bitcoin is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 107,000 support and resistance area.
Trade safe, Joe.
GBPJPY is Holding above the SupportHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts