Trend Lines
Will BEARISHNESS CONTINUE..?As we can see NIFTY couldn’t sustain itself above the neckline and fell below leading to a directional downtrend throughout the day as we analysed in our previous post! Now that NIFTY is maintaining itself below the given zone, it is likely to remain bearish unless it manages to close above the neckline so plan your trades accordingly.
TSLA daily trading (option)1. Key Level: TSLA was at a risky spot — it hit resistance and has been moving sideways, with about a 50/50 chance of going up or down.
2. Strategy Triggered: It dropped and then retested the 50 SMA on the H1 chart.
3. Pattern Observed: An uptrend breakdown.
➡️ I think TSLA could go up in the long term (next 1–2 weeks), but we might see a red candle tomorrow or Monday
GOLD → An amazing recovery. Up to 3400?FX:XAUUSD continues to strengthen, testing resistance in the range, with buyers not giving up. The price breaks through the flat line and enters the buying zone; everything depends on the bulls...
Gold is rising for the second day in a row amid a weak dollar, increased demand for safe assets, and escalating conflicts in the Middle East and Eastern Europe.
Market nerves are being stoked by trade risks and instability in Asia, while investors await the Fed's decisions and Powell's speech.
GOLD is breaking out of its neutral range. Focus on 3369 and local resistance at 3381. The fundamental backdrop is favorable for gold. If buyers hold their ground above the indicated levels, the price may continue to rise.
Resistance levels: 3369, 3381, 3408
Support levels: 3352 (0.5f), 3330
I do not rule out the possibility of a retest of the local liquidity zone (long squeeze) at 3352 (0.5f) before continuing to rise. But at the moment, the focus is on 3369-3370, which are key levels (currently acting as support).
Best regards, R. Linda!
VIRTUALUSDT → Rebound from resistance. Trend break, U-turn?BINANCE:VIRTUALUSDT.P is pausing within an uptrend and forming a range within which signals of a possible reversal and decline are appearing.
Bitcoin is pausing its rally and moving into correction. This is a negative development for altcoins, which will not grow without the flagship.
VIRTUAL is consolidating, but pressure is building in the market (as can be seen from the cascade of resistance levels within the range). Another prerequisite for a breakdown of the market structure is a downward exit from the upward channel (a break of the trend support). Another retest of support at 1.581 could trigger a breakout and a fall. There is a fairly free zone below, and the nearest target is located in the 1.178 zone.
Resistance levels: 1.72, 1.829
Support levels: 1.581, 1.416, 1.178
Focus on the current range of 1.581 - 1.829. The chart shows that the price continues to storm and test support, which is an important signal against the backdrop of a broken uptrend. A break of support at 1.581 and consolidation below this level could trigger liquidation and a fall to the fvg zone or the liquidity zone at 1.178.
Best regards, R. Linda!
USDCAD → Storming the support level to break throughFX:USDCAD continues to storm support within the trading range amid a global downtrend
The currency pair is within the range, but the battle for support continues. The reaction to false breakouts is weakening and the price continues to attack the 1.378 level, which only increases the chances of a further decline
The dollar is rebounding from resistance and beginning to fall, which is having a corresponding effect on USDCAD. If the currency pair breaks 1.378 and consolidates below the level, this could trigger a continuation of the trend after consolidation...
Resistance levels: 1.381, 1.383
Support levels: 1.378, 1.374
Focus on the lower boundary of the trading range at 1.378. The role of the range is consolidation against the backdrop of a downtrend. Thus, a breakout of support will activate the distribution phase
Best regards, R. Linda!
Long AAVE/USDT – Supertrend Touch Play (4H Chart)Entered a long after price tapped the 4H Supertrend and held above the EMA. Clean reaction at confluence support with prior breakout structure acting as a floor.
🎯 Targeting $238 (44.41% upside)
🛑 Stop at $158.65 (-5%)
🟢 Risk-Reward: 8.88R
⚡️ Entry: $166.89
📍 TP1: $190 (local resistance / range high reclaim)
📍 TP2: $238 (full expansion target)
Let’s see if this touch leads to the next leg up or gets faded like the last high. Risk defined, setup clean. Let the market do the rest.
#Crypto #AAVE #TradingView #Supertrend #TA #LeveragePilot #Altcoins #EMA23 #TrendTrading
Marathon Petroleum Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Marathon Petroleum Stock Quote
- Double Formation
* Start Of (Anchored VWAP)) At 50.00 USD | Completed Survey
* Wave Feature On Uptrend Bias | Subdivision 1
- Triple Formation
* 188.00 & 84.00 USD Trade Window | Subdivision 2
- Retest Area At 120.00 USD
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Regular Settings
- Position On A 1.5RR
* Stop Loss At 115.00 USD
* Entry At 145.00 USD
* Take Profit At 187.00 USD
* (Uptrend Argument)) & No Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Short-term entry can be made at key points.📊Technical aspects:
|Gold showed a clear upward trend today driven by risk aversion, mainly because Trump announced a 100% tariff on films produced overseas, a move that triggered global concerns about trade wars and exacerbated economic uncertainty. In order to avoid risks, investors have turned to traditional safe-haven assets such as gold, resulting in a surge in demand for gold and a subsequent rise in prices. Currently, from the perspective of technical indicators, the 4-hour moving average is in a bullish arrangement, the Bollinger band is in an enlarged form, and the gold price is running close to the upper Bollinger band. Gold is still bullish, but the RSI shows overbought. Don't chase highs and beware of gold's highs and falls. It is recommended to go long again after a pullback.
🎯Practical strategy:
Go long when gold falls back to around 3385-75, with a target of around 3400. If it does not break, you can go short near 3400 and see a fall back near 3384.
Take profit for long orders during the day, the callback continu
Gold pulled back and went long and successfully stopped profit. Today's latest trading ideas are shared
Gold hit a high of 3386 in the morning and then fell back under pressure to reach a low of 3350. The long orders at the 3358 line that we shared with you gave several opportunities to enter the market, and the 3390 line target was realized as expected. At present, geopolitical conflicts have erupted again, and risk aversion is high. Today, we will pay attention to the pressure at the 3400 mark. If it pulls back, we will continue to go long, and shorting is also a short-term idea!
Gold trading reference ideas
Gold pulled back to 3376 and went long, defending 3368, with a target of 3400. If it breaks up, we can go short near 3416/20. If it does not break, we can go short near 3400, with a stop loss of 3406, and look for a pullback near 3384.
XRP Long?After conducting a top down analysis, I will be looking to go long around the Daily Demand Zone of $1.50 - $1.30 zone but could potentially look for a better entry on the lower TF (5M-15M). In addition to this being a Daily Demand Zone, it also lines up with the Weekly Fib 61.8% level. TP 1 will be taken around the Daily Supply Zone (I will monitor closely) between $3.20 - $3.43. TP 2 will be $5.00.
I am looking for feedback in my analysis as I am new to trading. Any suggestions/tweaks appreciated.
Gold Completes Wave 4 - Pullback – Time for the Next PushGold ( OANDA:XAUUSD ) touched $3,223 as I expected in the previous idea (Full Target) .
Gold has managed to break the Resistance zone($3,308-$3,293) and is trying to break the Resistance lines and complete the pullback .
In terms of Elliott wave theory , it seems that Gold is completing microwave 4 , which could act as a pullback to the broken Resistance zone($3,308-$3,293) . After the completion of microwave 4 , we should expect Gold to attack the Resistance lines to complete microwave 5 .
I expect Gold to rise to at least $3,232 , and if the Resistance zone($3,387-$3,357) breaks, we can expect further gains .
Note: If Gold touches $2,272 (the worst Stop Loss(SL)), we can expect further declines.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold - All eyes on Wednesday 08 May - FED🟡 Gold Traders: Nothing Matters Until Wednesday! ⏳💤
Hey traders! 👋
This week, all eyes are on Wednesday... and everything before that? Mostly noise.
Let me break it down for you. 👇
📊 Technical Outlook
Gold is chilling above a key resistance level right now.
Trendlines suggest we won’t see any major moves before Wednesday unless big news drops. 📰
🕐 Asian session is kicking things off above resistance.
If bulls show up there, we could break Trendline 1 (Image below) and head towards the $3300 🎯 target.
📉 RSI across multiple timeframes? Pretty neutral.
If Asia trades flat or slightly bearish, gold might range between $3210–$3250.
Break below $3201, and things could get shaky... but the European session might push us back above that support.
U.S. session on Monday? Likely a sideways snoozefest 😴 (unless surprise news hits).
🎯 Trade Setup (Mon–Wed)
I’m looking to play the range between:
$3261 (Trendline 2) 🔼 and $3169 (Trendline 4) 🔽
That’s a comfy $90 window I’m aiming to trade before Wednesday's fireworks. 🚀
🔮 After Wednesday – The FED Factor 💣
Here’s the real catalyst:
Wednesday, May 7 at 2:00 PM EST – FOMC Rate Decision
If the FED cuts rates (not likely, but possible under pressure), gold could tank hard. 💥
I’m talking a potential drop to $3150 or lower 🕳️📉
That’d be a -$90+ move easy.
FED has been holding the line 💪, resisting pressure (especially from Trump back in the day), but if the economy flashes red, that rate cut might come sooner than expected.
🧠 Final Thoughts
FED paused hikes, but left the door open for 3 rate cuts this year.
Until we get more clarity, no strong bullish signals on gold.
My bias stays: Bearish unless proven otherwise. 🐻💬
Stay sharp out there, and watch those sessions. Wednesday’s the real deal! 💼📉
And last but not least, look at this and let us know what you think about please:
Some would say its impossible but as we know, gold can do everything!
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
S&P500 -Weekly forecast, Technical Analysis & Trading IdeasPrevious forecast result:
As you can see in the 4CastMachine forecast on 12/03/2025, the price, after rejecting the sell zone, began its sharp decline and touched all TPs.
Midterm forecast:
While the price is below the resistance 6149.57, resumption of downtrend is expected.
We make sure when the support at 4804.01 breaks.
If the resistance at 6149.57 is broken, the short-term forecast -resumption of downtrend- will be invalid. CSEMA:S&P
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
A trough is formed in daily chart at 4807.10 on 04/07/2025, so more gains to resistance(s) 5698.65, 5791.00, 5896.50 and maximum to Major Resistance (6149.57) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 55.
Take Profits:
5509.32
5363.90
5261.00
5122.47
4944.41
4804.01
__________________________________________________________________
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. . . . . . . . Hit the 'BOOST' button 👍
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🙏 Your support is appreciated!
Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
Long positions in the US market remain the main trend🗞News side:
1. The “demand shock” of the Trump administration’s tariffs on the global economy
2. The United States rejected Japan’s request for a comprehensive exemption from 10% reciprocal tariffs and country-specific tariffs in recent negotiations.
3. The conflict between Israel and the Houthis
📈Technical aspects:
The 4H golden moving average spreads upward, the MACD golden cross opens upward, and the 4H overall bullish trend is seen. Gold price encountered resistance at 3386 in the morning of the Asian session. This point can be used as a reference in suppressing the market outlook. If this resistance is effectively broken through, bulls are expected to continue to work towards the 3400 first-line mark above. The daily chart is positive, and the K-line combination is relatively strong. The US market is expected to break through 3386 and reach the space above 3400; the SMA10 moving average of 3370 continues to be bullish as the primary support, with strong resistance to 3400. Even if the price of gold in the US market rises and falls, the middle track of the Bollinger Bands still has good support. On the whole, we mainly focus on long positions in short-term trading. We can consider the 3370-3380 layout to go long, with the target looking towards 3400-3410 above.
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.
TVC:GOLD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD OANDA:XAUUSD
Gold Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 3300 zone, Gold was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 3300 support and resistance area.
Trade safe, Joe.
HelenP. I Bitcoin may continue to grow inside upward channelHi folks today I'm prepared for you Bitcoin analytics. After bouncing from the lower boundary of the ascending channel and reacting strongly from the support zone near 92000, the price continues to respect the bullish structure. This level, which also aligns with the dynamic trend line, has acted as a powerful area of interest for buyers. Every touch to the trend line has resulted in a reversal to the upside, and this time may be no different. Previously, we saw a clear upward impulse that formed the base of the current trend channel. Then the market entered a consolidation with smaller pullbacks and held the 93000 zone with confidence. The recent retracement toward the trend line and support area is forming a higher low, which confirms buyer strength and sets the stage for another bullish leg. Given the strong support zone, the presence of an upward channel, and the steady bullish structure, I expect BTC to resume its upward move. My current goal is 99000 points. All elements signal bullish continuation. If you like my analytics you may support me with your like/comment ❤️
HelenP. I Gold can rebound from trend line to resistance levelHi folks today I'm prepared for you Gold analytics. After forming a local bottom around the 3190 - 3210 support zone, the price has rebounded and is now testing the upward trend line once again. This level has consistently acted as dynamic support throughout the recent bullish structure, confirming its relevance and strength. Buyers have shown clear interest in defending this area, and the reaction near this level further strengthens the bullish sentiment. Notably, the market is recovering from a correction phase that followed the previous local peak near the 3350 - 3370 resistance zone. Price has moved within a wide range, creating opportunities for both accumulation and further upside. The chart also shows how Gold is forming a higher low, which supports the continuation of the current trend. If the trend line continues to hold, I expect the price to move toward the resistance area, with my goal located at 3350 points - the key breakout level. Given the price reaction, support structure, and trend confirmation, I remain bullish. If you like my analytics you may support me with your like/comment ❤️
Gold is in line with the uptrend
After yesterday's sharp rise from 3238, spot gold continued to climb in the Asian market on Tuesday. The price of gold has now broken through the highest level of 3386 US dollars per ounce, and the daily increase is nearly 28 US dollars. At present, the price of gold remains close to the new record, and the rise is far from over. The global trade war has caused market concerns and continued to push the price of gold to new highs. Gold has become an asset for a new round of investment boom!
The market boom is coming, and the gold bulls are coming?
Banking giant Goldman Sachs released a bullish forecast report on gold, saying that if a recession becomes a reality, the gold price target will reach 3880 US dollars per ounce by the end of 2025. The forecast is based on the expectation that concerns about a recession will accelerate the inflow of funds into gold exchange-traded funds (ETFs), thereby pushing up gold prices.
In addition, Goldman Sachs warned that if the Federal Reserve loses its independence, the price of gold may soar to 4500 US dollars per ounce.
What do you think of today's gold trend!
Looking back at the current gold and silver, from the market point of view, the gold price trend has been stabilizing above the middle track, and the cycle bulls continue to line up. From the indicator point of view, the middle track has been hooking upward, and there is still room for an upward rebound in the short term. In addition, gold started from 3322 last week, and directly rose from 3322 to 3387. Now it is around 3367. So there is a point to pay attention to today, that is, the position of the middle track of 3334. It is still difficult to say whether it can be stepped back.
Don't expect a deep callback. The only difference between the oscillating market and the unilateral market is that the oscillation will come back, while the unilateral market will not. This is why we always emphasize the need to bring a good stop loss. In terms of the cycle rhythm, we have been participating in the cycle of time and space last week. At present, we can still participate in this pattern. There is one opportunity in the European and US markets. We will start at this time point during the day!
Gold: More near 3350, defend 40, and target the resistance of 3385-90! If it breaks below, wait for the two support levels of 3334-20 before considering!
MarketBreakdown | AUDUSD, EURAUD, US100, CHFJPY
Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #AUDUSD daily time frame 🇦🇺🇺🇸
The pair has completed a bullish accumulation and violated
a resistance line of a horizontal range on a daily.
A new higher high higher close confirms a strong bullish sentiment
and a highly probably continuation of an uptrend.
2️⃣ #EURAUD daily time frame 🇪🇺🇦🇺
The price has recently violated a significant daily support cluster.
After a breakout, the price dropped but did not manage
to reach any important demand zone so far.
The closest one is based on 1.742 level.
It will most likely be the next goal for the sellers.
3️⃣ #US100 daily time frame
The market is currently retesting a recently broken
massive daily demand cluster.
I believe that the growth will resume soon
and the price will reach 20300.
4️⃣ #CHFJPY daily time frame 🇨🇭🇯🇵
The pair is currently testing a critical contracting demand
zone based on a rising trend line and a horizontal support.
I will expect a strong bullish reaction to that.
Do you agree with my market breakdown?
❤️Please, support my work with like, thank you!❤️
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