


Olivia_Magnam44
Premium🟡 Chart Overview: The image shows XAU/USD (Gold) price action breaking down from a bearish descending channel, signaling a continuation of downward momentum. --- 🔍 Technical Analysis: 1. Trend Structure: The market was respecting a descending channel, consistently making lower highs and lower lows. A clear break below the channel support indicates a strong...
Technical Analysis Summary: 1. Pattern Breakdown: Price has broken below an ascending trendline, signaling weakness after a strong bullish move. A double-top or distribution phase can be inferred at the recent highs (around 23,100–23,200), confirming buyer exhaustion. 2. Ichimoku Cloud: The price has dipped into the Ichimoku cloud, indicating indecision or...
🟢 Chart Type: 30-minute (Intraday View) Pair: CFDs on Gold (XAU/USD) Current Price: 3,355.030 --- 🧠 Technical Analysis Overview: 1. Trade Entry Zone (Support Area): 📍 Around 3,340 - 3,345 Marked in red, this zone acted as a key demand/support level. Price bounced strongly from here multiple times, confirming strong buyer interest. 2. Bullish Reversal &...
📊 Timeframe: 30-Minute 📉 Current Price: 3,333.598 🟦 Chart Type: CFD on Gold (US$/OZ) --- 🔍 Technical Analysis Summary 1. Descending Channel (Bearish Trend) Price was trading within a well-defined descending channel (blue trendlines). The breakout attempt above the channel failed to sustain, indicating bull trap behavior. 2. Fibonacci Retracement Key...
📉 Gold (XAU/USD) 30-Min Chart Analysis: 🔹 Pattern Overview: Triple Top Formation spotted (circled areas), indicating strong resistance around the 3,365–3,375 zone. A descending channel formed after the top, showing consistent lower highs and lower lows — clear bearish momentum. Fib retracement level (0.618) acted as a resistance during the bounce. 🔹 Current...
🔍 XAU/USD (Gold) Technical Analysis – 30-Min Chart 🟦 Trend Overview: The chart shows a clear descending channel (highlighted in red and blue), indicating a short-term bearish trend. Gold price touched the channel bottom and is now showing signs of bullish reversal. 🔄 Pattern & Key Observations: Triple Top Formation (circled in blue) around the 3,390–3,400...
🕒 Timeframe: 30-Minute Chart 📈 Current Price: $108,425 🎯 Projected Target: $110,349 --- 🔍 Chart Zones & Key Levels: 🔷 Blue Resistance Zone (~108,500 - 110,500) Price is currently approaching the top of this range. Historically, price rejected strongly from this area (left blue circle). This zone has acted as major supply, but now price is retesting with...
Chart Overview: Asset: BTC/USDT (Bitcoin) Chart Type: Candlestick Timeframe: Likely intraday (short-term, possibly 15m or 1h) Indicators/Tools Used: Trendlines Support/Resistance levels Pattern formation (possible descending triangle) --- Technical Analysis: 🔻 Bearish Bias (Sell Signal): Pattern: A descending triangle pattern is visible—typically a...
USD/JPY Technical Analysis (30-Min Chart) Current Price: 145.157 Chart Pattern: The chart shows a bearish structure forming after a sharp drop from the recent high near 147.9. The price is currently consolidating below a resistance zone. Key Resistance Zone: ~145.70 – 146.00 (highlighted by the orange box) Support Zone: ~144.30 (target area) Bearish...
🔍 Key Observations: 1. Resistance Zone (106,500–107,000): Price is testing a strong horizontal resistance area, marked by the green rectangle. This zone has acted as resistance multiple times (highlighted with orange circles), suggesting supply pressure. 2. Triple Top Formation: The three orange circles mark failed breakout attempts at the resistance level,...
🔍 1. Trend Analysis Past Trend: From June 10 to around June 14, the price was in a strong uptrend, moving within an ascending channel (highlighted in red and blue). After mid-June, the trend reversed into a downtrend within a descending channel (also shown in blue). Current Position: Price is now breaking out of the descending channel, potentially signaling...
📊 Technical Analysis of Gold (XAU/USD) – 30-Min Chart Chart Context: Timeframe: 30-minute Instrument: CFDs on Gold (USD/OZ) Current Price: $3,386.282 Price Change: +14.757 (+0.44%) Date: June 23, 2025 --- 🔍 Key Observations: 1. Descending Triangle Formation The chart shows a descending triangle, characterized by: A flat support zone around the...
🟡 Key Observations & Technical Elements 1. Price Structure The price has been range-bound within a rectangular blue box. The range appears to be roughly between 3,340 and 3,400. There was a previous downtrend indicated by the descending trendline inside the box. 2. Breakout Pattern Price has broken above the descending trendline within the box (bullish...