


Current price action is unfolding in a 5-wave bearish structure wave (1) of ((3)) with wave ((V)) of 3 in progress. A corrective ABC structure completed near the CISD zone. Wave 3 extends to the 3.618 Fibonacci projection (~3,148), with wave 5 targeting a support block near 3,120–3,130. Anticipated short-term retracement for wave 4, followed by one more...
After breaking back below the 3270 support, price accelerated to the downside, reaching a low around 3208. A rebound followed, with XAUUSD retesting the 3270 zone, which now acts as resistance after the breakdown. Looking ahead, I expect a break below the 3200 level, with the next bearish target set around the 3165 support zone. The plan remains unchanged: As...
Hello, traders This chart of XAU/USD (Gold Spot) on the 4-hour timeframe shows a clear descending channel, indicating a bearish trend. Price is currently near the upper boundary of the channel, around a previous support-turned-resistance zone. The chart suggests waiting for bearish confirmation before entering a short position. Key observations: Price has...
Based on the H4 chart, the price is rising toward our sell entry level at 3273.80, a pullback resistance. Our take profit is set at 3168.89, a pullback support that aligns with the 61.8% Fibo retracement. The stop loss is set at 3348.25, a swing high resistance.
Price is currently reacting from the ascending channel resistance near $104,900, signaling a potential channel reversal. Fair Value Gap (FVG) observed from $98,800 to $97,200 – acting as a short-term retracement target. First target: $97,200 (FVG Fill) Second target: $87,000 – potential continuation if bearish momentum holds. Watching Demand Zone at $83,100...
BITCOIN is once again at a critical resistance level, and the crypto world is split. Some believe we’re gearing up for a new all-time high (ATH), while others argue the top is already in—and this could be a classic bull trap in disguise. The key lies in how price reacts to this zone. • A breakout above $109K would confirm a new ATH and likely spark another leg...
Hello, traders Overview: This 1-hour chart on XAUUSD highlights a clear 5-wave Elliott impulse, confirmed with Fibonacci extensions and the Awesome Oscillator (AO). Current structure suggests Wave (5) is in play, offering a high-probability short opportunity from the Wave (4) retracement zone. 🧠 Elliott Wave Count: Wave (1): Initial bearish leg Wave (2): Minor...
Hello, guys Bitcoin has staged an aggressive recovery — but it’s not just any bounce. The move looks to be driven by a classic short squeeze, where extreme bearish sentiment and overcrowded short positions result in a sharp upward spike. This rally has now brought BTC right into a thick wall of resistance, and the next few candles could define the trend for weeks...
XAU/USD is rising towards the resistance level which is a pullback resistance that lines up with the 23.6% and the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 3,275.29 Why we like it: There is a pullback resistance level that line sup with the 23.6% and the 50% Fibonacci retracement. Stop loss: 3,350.60 Why we like...
Bitcoin is showing signs of a potential rally towards $90k, but could this be a trap before a deeper correction to $45k? What's your take? Will BTC reach new highs first, or is the drop coming sooner?
The price of 📉GOLD is likely to keep falling, following a significant downward trend. After consolidating within a horizontal range on a 4-hour time frame, the support of the range was recently broken, signaling strong selling pressure and a probable continuation of the bearish trend. It is possible that the pair will soon reach the 3200 support level.
In this analysis we're focusing on 1H time frame for gold. In this analyze we are using downward trendline along with the combination of price action. When price enter in our supply area, so our first step is to observe how price will react and if price give any bearish confirmation then we'll execute our trade. Confirmation is very important. Always use stoploss...
Hello, traders I think it will make an equal or lower peak that will not exceed its previous peak and will fall again to take power from its rising trend. While I expect a decline in the short term, I continue to expect a rise in the medium term. If you have gold in your hand, of course do not sell. If you are interested in short-term trading, this analysis will...
Hello, traders Bitcoin currently trade around $93,911 having broken resitance above $88,000-$89,000 zone. The breakout, supported by strong volume, positions Bitcoin favorably for further gains, although a short-term pullback appears likely. Technical indicators remain bullish: Price holds above the 21-EMA and 30-SMA, both beginning to slope upward. Quarterly...
This monthly chart outlines Bitcoin’s long-term ascending channel with key horizontal resistance levels. Following the April 2024 halving (highlighted), price action has continued respecting the macro uptrend with higher lows. Blue projection suggests potential for continued bullish momentum, testing upper channel boundaries into late 2025. Key zones: • Major...
Hello, traders After analyzing the 2-hour chart, we can see that price has been bouncing around like a pinball between 3374 and 3264 — rejected twice at the top, supported twice at the bottom. Currently, price is chilling at 3309, smack in the middle of the range, probably wondering what to do with its life. Now, 3345 is standing tall as a strong resistance. If...