XAUUSD Traders i'm here for the analysis i have done for NEXT WEEK .
As indicated on my chart i am anticipating NEXT WEEK to be all BULLISH there should some minor corrections though, but BULLS are my take.
In order to confirm that BULLS have taken over look at the TRIANGLE on my Chart as we can see the PRICE is almost taking down the UPPER SIDE , so once that UPPER SIDE is broken then we could see the BULLISH MOVEMENTS.
However before we go for that BULLISH TREND i'm first looking at level $3345 as my fall Target , this means we should first kill the level and then expect a bounce back and continue flying high.
So after LEVEL $3345 is taken down i'd say that's the start of our UPWARD Momentum and that is why we will first tackle $3390 as our first TAKE PROFIT ZONE going Up. immediately the level comes in play i'll be adding some more BUYING ENTRIES on this time ROUND TARGETING a SLIGHTLY HIGHER ZONE $3406 and then once this level is broken i will then tackle something much HIGHER and BIGGER $3483, this is my anticipation for the course of the whole of MONDAY.
My RUN won't be as easy as it sounds coz i'll be expecting some minor RESISTANCE and possibly CONSOLIDATION at levels $3396 , 3415 , $3435 and $3468, so YES as soon as these LEVELS are seen we should expect WAVING increase and possibly BEARS trying to push the PRICE down.However this wouldn't mean you cancel your entries and take whatever you have as profits but instead this is where i will possibly come for updates but take NOTE it's the Market and we are not 100% in control, so if you see your LIQUIDITY struggling through the waving, and see yourself headed for a fall you can close.
Until then do wish you all a wonderful weekend ahead. Will be back later for further updates of the POINTS that i have missed then.
Wave Analysis
ETH/USD – Key Support Holding, Eyes on 3000 for Upside TargetEthereum is maintaining a strong bullish structure within a clearly defined ascending channel. Recent price action shows a successful retest of the lower channel boundary and the horizontal support zone around 2477 – 2450.
🔹 Support & Trendline Confluence:
The support zone at 2477–2450 is aligned with the lower boundary of the rising channel.
Multiple successful retests of this trendline indicate strong demand in this area.
🔹 Bullish Scenario:
As long as the 2477–2450 support zone holds, ETH/USD has a good chance to resume its upward move.
The next target for bulls is the 161.8% Fibonacci extension level at 2997.24, which coincides with the upper channel boundary.
📌 Plan:
Long positions are favored as long as price holds above 2450.
Targeting 2997, with intermediate steps of confirming higher lows.
📉 Invalidation:
A break and daily close below 2450 would invalidate this bullish scenario and suggest further downside.
This is a classic “buy-the-dip” scenario within an established uptrend, offering a favorable risk/reward opportunity.
ETHUSD Futures: Breakout + Momentum Buy SetupEthereum has broken above the local trendline and flipped structure bullish. CCI confirms upward momentum with a breakout from consolidation.
📌 Entry: Market buy (current price ~2583)
🎯 Targets:
TP1: 2628 — prior high and minor resistance
TP2: 2678 — strong liquidity zone
🛡️ Stop-loss: Below 2520 support block
Bullish momentum supported by EMA cross, structure break (CHoCH), and CCI triangle breakout. Potential to extend toward 2729 if volume follows.
ETHUSD 15MThe chart you've shared is a 15-minute candlestick chart for Ethereum (ETH/USD) on Coinbase, showing a technical analysis scenario with these elements:
1. Ascending Trendline: ETH was in an upward trend, as indicated by the blue support line connecting higher lows.
2. Register Level: Around the $2,575–$2,578 zone, this is identified as a resistance area where price reversed.
3. Entry Level: Just below the trendline around $2,560, marked as the suggested sell (short) entry after the breakdown.
4. Bearish Breakdown: Price broke below the trendline and entry level, triggering a sell signal.
5. Target Successful: The projected downside move (highlighted with the blue arrow) hit the target area near $2,485–$2,490, indicating a successful short trade.
This is a classic trendline break and retest short setup, often used in day trading strategies. The chart suggests the trader took a short position after the trendline broke and targeted the previous support zone, with the move playing out as expected. Let me know if you’d like help interpreting this for future trades or if you want a similar analysis for another chart.
GBPCHF: Long Setup – Bounce from Trendline + EMA CrossThe price has bounced from the lower boundary of the ascending channel and confirmed a bullish reversal after EMA cross. Current momentum supports a long position.
📌 Entry: Market buy (current price ~1.1142)
🎯 Targets:
TP1: 1.1291 – minor resistance
TP2: 1.1394 – upper channel border
🛡️ Stop-loss: Below 1.1090 (under channel + EMAs)
This setup favors continuation of the bullish trend after liquidity grab and structure shift.
btcusd 1hThe chart you've shared shows a technical analysis of Bitcoin (BTC/USDT) on the 1-hour timeframe. Here's a breakdown of what it illustrates:
Descending Trendline Breakout: The thick blue line represents a descending resistance line. The price has broken above this line, suggesting a potential bullish breakout.
Ichimoku Cloud: The cloud (Kumo) is acting as dynamic support/resistance. The price has moved above the cloud, which is often considered a bullish signal.
Price Projection: There's a projected move up to the 111,687.50 level (marked with a blue tag and green arrow), indicating a bullish target.
Possible Pullback: The pink squiggly line suggests a potential retracement to retest the breakout level before continuing upward.
Current Price: The current BTC price is around 109,617.50.
This chart suggests a bullish outlook, with a potential pullback before a continuation toward 111,687.50. Let me know if you'd like help analyzing further or developing a trading strategy based on this setup.
EURUSD Breaking Above Resistance Line; Wave 5 In PlayEURUSD moved nicely higher in April, into the 1.15–1.16 area, a resistance where pair slowed down at the end of wave 3, that put retracement in play. However, a pullback has been made in three waves, so its seen as temporary within the broader uptrend. We saw some deeper retracement down to 1,1, near the 38.2% Fib from where we can see some nice turn up, above the trendline resistance so it appears that bulls are in play for wave 5. Therefore, be aware of more upside afte some intraday dips. Support is at 1.1266 area.
GH
EUR/USD Daily Analysis – Elliott Wave Structure UnfoldingThe EUR/USD pair continues to follow a well-structured impulsive wave count within an Elliott Wave framework.
🔹 Wave Count:
We appear to be in the early stages of wave (5) of a larger degree impulse. Wave (3) has already completed, followed by a clear ABC corrective structure forming wave (4). This correction retraced to the area around the 1.10636 level, coinciding with the 100-day EMA (blue), which acted as dynamic support.
🔹 Current Structure:
Wave (5) seems to be unfolding with bullish momentum resuming. Minor wave (a)-(b)-(c) correction looks complete, and price action is pushing higher again.
🔹 EMA Confluence:
Price is trading above all key EMAs:
Yellow EMA: short-term
Blue EMA (100): mid-term, recently retested as support
Pink EMA (200): long-term trend still rising
This alignment supports continued bullish bias.
🔹 Targets for Wave (5):
Based on Fibonacci extensions from wave (3):
1.382 extension at 1.17685
1.618 extension at 1.18893
These are potential take-profit zones if the impulsive wave structure completes as expected.
📈 Resistance to Watch:
1.15723: local horizontal resistance
Break above this level could confirm the start of wave (5) with increased momentum.
📉 Support Levels:
1.14088 (prior swing low)
1.10636 (EMA confluence + wave (4) bottom)
💡 Summary:
As long as EUR/USD holds above the 100 EMA and the wave (4) low, the bullish scenario remains valid. Watch for confirmation above 1.1572 to validate the beginning of wave (5) toward the 1.18–1.19 area.
📌 Trade with structure. Manage your risk. Let the wave guide the way.
GOLD/USD a bullish market structure with a clear change o chchKey Technical Elements
1. Market Structure
The chart shows a bullish market structure with a clear change of character (CHOCH) on the left, indicating a reversal from a previous downtrend.
Formation of higher highs (HH) and higher lows (HL), confirming an uptrend.
2. Zones & Levels
Support Zone: Marked near the 2,180–2,200 range, this is a demand zone from which price reacted sharply upward.
Resistance Zone: Around 2,360–2,390, this area is expected to act as selling pressure; price previously reversed from here.
Opening Gap: Identified in the middle of the structure, indicating potential imbalance or unfilled orders.
3. Fibonacci Confluence
Multiple Fibonacci retracement levels align with price action, especially during pullbacks. This adds confidence to retracement entries.
4. Chart Patterns
A bullish channel (ascending parallel channel) is drawn, indicating price is respecting the structure and marching upward.
The projection shows a potential breakout to the upside post-channel consolidation.
5. Target & Risk Management
Projected Long Target: Around 2,438.387, marked with a green box, showing a bullish breakout continuation.
Stop Loss Area: Below 2,304.729, indicating disciplined risk control.
Risk-Reward Setup: This setup looks optimized for a long entry with a favorable R:R ratio (risk-reward).
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Conclusion
This chart reflects a well-structured bullish trade idea on XAU/USD, supported by market structure analysis, order block theory (demand/supply zones), Fibonacci levels, and clean breakout projections. It combines institutional concepts (like CHOCH, gaps) with classic technical tools, suitable for short- to medium-term traders aiming to catch trend continuations.
check the trendThe correction and fluctuation trend is expected to form according to the specified paths. Then, the continuation of the upward trend to the specified resistance levels will be possible.
If the support area and the support trend line are broken, the downward trend to the next support area will be possible.
Trump's tariff measures trigger market shocks
📌 Driving events
Last Friday, as Trump threatened to raise tariffs on the European Union to 50%, and also pointed the finger at smartphone manufacturers such as Apple and Samsung, the market's risk aversion sentiment suddenly heated up, and spot gold closed up nearly 2% on the day.
On Sunday local time, US President Trump announced after a call with European Commission President von der Leyen that he would extend the deadline for the European Union to face 50% tariffs to July 9. Trump told reporters on his way back to Washington on Sunday: "We had a very pleasant call, and I agree to postpone the deadline."
Bloomberg analysis said that there are signs that US President Trump may relax his radical stance on EU trade, which will affect gold's safe-haven status.
At the geopolitical level, the conflict between Israel and Iran is imminent. The Israeli army's shooting of a diplomatic delegation has triggered international condemnation. Netanyahu has maintained a tough stance in the Israeli-Kazakh conflict; Trump's mediation of a ceasefire between Russia and Ukraine has been frustrated. The Wall Street Journal revealed that when he spoke with the European side, he said that Putin believed that the Russian army was "winning", which contradicted his public statement. This week, the market focus shifted to the Fed's policy minutes, the Bank of Japan's rate hike expectations, European and American economic data, and OPEC+'s production increase plan. The interweaving of trade frictions, debt risks and geopolitical conflicts has kept the uncertainty of the global pattern high.
📊Comment Analysis
The first support level for gold prices may be in the range of $3290-3300/ounce. If it falls below the above support, the next support for gold prices will be $3250/ounce and $3200/ounce (50-day moving average). On the upside, the first resistance for gold prices is $3370/ounce. If this obstacle is overcome, the next resistance for gold prices will be $3430/ounce and $3500/ounce (historical high).
Labaron will digest a series of economic data to be released by the United States this week, such as durable goods and home sales, as well as the consumer confidence index. The U.S. stock market will be closed on Monday due to the Memorial Day holiday.
💰Strategy Package
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3388- 3390 SL 3395
TP1: $3376
TP2: $3363
TP3: $3350
🔥BUY GOLD zone: $3301- $3299 SL $3294
TP1: $3312
TP2: $3325
TP3: $3338
⭐️ 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 capital account
- Stop loss is 1-3% of the capital account