NQ Power Range Report with FIB Ext - 5/9/2025 SessionCME_MINI:NQM2025
- PR High: 20182.50
- PR Low: 20137.00
- NZ Spread: 101.5
No key scheduled economic events
Auction maintaining week range, holding in the highs
Session Open Stats (As of 12:55 AM 5/9)
- Session Open ATR: 555.12
- Volume: 33K
- Open Int: 260K
- Trend Grade: Bear
- From BA ATH: -10.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19246
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Futures market
Hellena | EUR/USD (4H): LONG to the resistance area 3495.Colleagues, price has successfully formed an “ABC” correction and I see that the upward movement is not over.
I think that wave “5” of the higher order consists of five waves and at the moment wave “1” of the lower order is formed.
This means that I predict a target at the high of wave 3495.
Presumably correction “2” can reach a rougher target in the area of 3240.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Bearish reversal?The Gold (ZAU/USD) is reacting off the pivot and could drop to the 1st support.
Pivot: 3,328.69
1st Support: 3,271.11
1st Resistance: 3,359.66
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Key range of gold price: 3290--3360Key range of gold price: 3290--3360
The sharp decline for two consecutive days confirmed the effectiveness of the support of the No. 2 midline.
As shown in the figure:
We reclassified and classified all the shock structures and used 123456 to represent all the pattern combinations.
In the end, the support effectiveness near 3290 was accurately judged. We also need to pay attention to the pressure near 3360.
Key point 1: As long as the gold price is above 3300, the strategy is to go long at a low price.
Key point 2: This means that the gold price is likely to fluctuate in the 3290-3360 range on Friday.
Key point 3: Pay attention to the pressure of 3365 first, and then consider shorting around 3350-45 US dollars.
News:
1: The European Commission said on Thursday that the European Union is considering taking countermeasures against US imports worth up to 95 billion euros (about 107.2 billion US dollars) if negotiations with Washington fail to cancel a series of tariffs imposed by US President Trump.
2: Currently, the UK and the US have reached a tariff agreement, and the price of gold has plummeted by $80-100. We need to pay close attention to the international trade situation and changes in market sentiment on this trading day.
News:
1: Trump is considering exempting tariffs of up to 145% on some goods
2: The Fed will sell off US bonds even if it does not cut interest rates
3: Powell released a signal of "no rush to cut interest rates"
4: The rise in US bond yields directly hit the attractiveness of gold as an interest-free asset, becoming the root cause of this plunge;
5: The situation between Russia and Ukraine has eased, and Ukraine is seeking peace talks.
6: In terms of the India-Pakistan conflict, India was defeated and its arrogance was suppressed, and the possibility of further expansion of the situation was reduced, which to a certain extent pushed down the price of gold.
Strategy summary:
Long strategy: long around 3290-3300, stop loss 3275, target: 3340-3360
Short strategy: short around 3350-3360, stop loss 3370, target: 3330-3320-3300-3290-3240-3200
Dow Futures: Bullish Break in Play as Key Resistance FallsDow futures cleared not only the 200DMA on Thursday but also downtrend resistance dating back to the record highs set in February, suggesting a new trend may now be underway. While the initial rejection at 41787 warrants some caution, with momentum indicators swinging into bullish territory, there’s enough here to consider long setups heading into this weekend’s key trade meeting between the U.S. and China in Switzerland.
One idea would be to buy above the 50DMA with a stop below for protection. 41787 is an early hurdle to clear, with a break above opening the path for a potential run towards the 200DMA—that screens as a reasonable target.
If the price reverses and closes back below the 50DMA, the bullish bias would be invalidated.
Good luck!
DS
Gold Price Analysis May 9The recent market with big fluctuations with yesterday's D1 candle down 100 price shows that the Sellers have regained their position.
Today's strategy is to watch SELL more than to watch BUY.
The Gold zone is reacting at the 3316 resistance zone and is heading towards 3322 at the end of the Asian session. Today's trading strategy pays attention to the 3322 resistance zone. If the European session does not break, SELL to 3300. If it breaks, hold to 3286. When it breaks 3286, do not BUY anymore but wait until 3325 to be able to BUY.
In the opposite direction, if it breaks 3322, wait for a test and BUY to 3350 and then SELL around 3350 today.
XAUUSD 30M CHART PATTERNThis chart shows a 30-minute price movement for CFDs on Gold (XAU/USD), highlighting a short (sell) trade setup. Key elements include:
Downtrend Line: The blue curve suggests a longer-term descending trend.
Short Entry: The green zone to the right indicates a short trade entry point.
Stop Loss: Placed slightly above the entry, protecting against upward reversals.
Take Profit: Marked below, indicating the expected price decline target.
Bearish Momentum: The arrow emphasizes the direction of expected price movement.
This is a classic bearish continuation setup in a downtrend. Would you like help analyzing whether this setup still offers a good entry point?
XAUUSD H4 CHART PATTERNResistance Level: $3,500
Target Point: $3,203
Support Level: $2,977
Technical Analysis:
The recent price action suggests that gold has formed a bearish pattern, indicating potential downward movement. The resistance at $3,500 serves as a significant barrier, and failure to break above this level could reinforce bearish sentiment. The support at $2,977 is a critical level to watch; a break below this could confirm the bearish trend and lead to further declines toward the target point at $3,203.
Market Indicators:
Moving Averages: The price is currently trading below key moving averages, indicating a bearish trend.
Gold Technicals & FundamentalsThe chart shows gold trading inside a descending channel, with the current price action testing the upper boundary of the channel. The pivot zone around $3,320 is acting as a potential intraday resistance. Despite the recent bounce, the price has not yet broken structure or the descending channel, implying bearish control is still intact unless a breakout above the pivot occurs.
The RSI is near 41, which is moderately bearish and suggests that there is still room for a downside move before oversold conditions. The volume spike during the last bearish candle also indicates strong selling interest near the upper channel boundary.
The black arrow path suggests a probable lower high formation followed by continuation to the downside toward support near $3,260, aligning with the channel’s lower trendline.
Recent hawkish Fed comments and resilient labor market data have strengthened the U.S. dollar, which typically pressures gold lower. As long as Fed rate cut expectations are pushed further out, gold may remain under pressure.
XAUUAD UPDATE: 9- 05-2025This chart is for Gold (XAU/USD) on a 45-minute timeframe and includes technical analysis. Here are the key details:
Chart Components:
1. Support and Resistance Zones:
Lower Yellow Zone (~3241.450): This is a support zone where price previously bounced.
Upper Yellow Zone (~3414.901): This is a resistance zone where price previously reversed.
2. Current Price:
Price is currently around 3307.260, slightly above a key support area.
3. Projected Movement (Blue Arrows):
The blue line indicates a possible short-term dip into the support zone.
Followed by a reversal and rise toward the resistance zone around 3415.
4. Volume Indicator:
Volume appears to spike during key movements, showing strong interest at support/resistance levels.
5. Risk-Reward Box (Red-Green Shading):
Red area: Risk zone for long positions (if price drops below the support).
Green area: Reward zone if the price follows the projected upward movement.
Interpretation:
The chart suggests a bullish setup with an anticipated bounce from the support zone near 3241 and a target toward the resistance zone at 3415. This analysis assumes the support holds strong and buyers step in at that level.
Would you like a trading strategy or indicators to support this analysis?
Gold fluctuates at high levels and washes out repeatedly!The Asian and European sessions fluctuated repeatedly and stabilized above 3360. In the evening, the US session fell slightly and stabilized at the 3360 mark, ushering in a bottoming rebound. The daily K-line closed at a high level. The daily structure closed at a high level. It closed a little stronger, and the weekly line reached a high for the second time. It has not yet formed a high and fall. The continuous form is impacted by the news, waiting for further confirmation of the form. The previous wave of strong rebound in the 4-hour chart of gold, the overall gold price rebounded in the short term for two consecutive trading days, and yesterday it was under pressure and fell. The situation of shock, but now it has formed a stage support area above 3360. After the opening of the Asian session, the gold price rose strongly and returned to above 3390. At present, it has reached 3415. Pay attention to the support level of 3360 below. If the support is effective, the gold price is expected to rise again. If it enters a shock wash, it is recommended to adopt the idea of selling high and buying low. Therefore, the current trend, people who like shocks feel very comfortable, and people who look at one side feel uncomfortable. The early trading operation is still in the range of 3420-3360, and a new layout will be made after breaking through! Overall, the short-term operation strategy of gold is recommended to be short-selling on rebounds and long-selling on pullbacks. The short-term focus on the upper side is the 3420-3438 line of resistance, and the short-term focus on the lower side is the 3350-3360 line of support.