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GBPUSD → Retest resistance for a breakout. Distribution?FX:GBPUSD is attempting to break through the resistance of the symmetrical triangle consolidation pattern, which is a continuation pattern of the main bullish trend. Against the backdrop of stagnation and weakening of the dollar index, the GBPUSD price has stopped updating local lows, and consolidation in the form of a symmetrical triangle is forming. The strengthening of the GBP led to a breakout of the consolidation resistance, and if the bulls can stay above 1.352, then the market may trigger a rally to the resistance at 1.3588, from which a small correction is expected before continuing to grow to 1.378 thanks to motivated buyers. Resistance levels: 1.3589, 1.3674 Support levels: 1.3524, 1.3446 In the 1.3525 zone, there may be a prolonged struggle for the buying area (above resistance). If the bulls manage to stay above the resistance conglomerate, this will confirm the fact of a resistance breakout and the end of the downward correction, which may trigger a continuation of the global trend and price growth to 1.378. Best regards, R. Linda!
Long
by RLinda
9
Breakout Alert!Granules India is ready to shine—watch this spaceGranules India Limited – Technical Outlook Weekly Timeframe Granules India is moving within a well-defined parallel channel. The stock is currently approaching its middle boundary resistance near 560–590 levels and support near 430-450 On the daily chart, the stock has formed a descending parallel channel, and this time, the chances of a breakout are higher as the price action has developed a double bottom formation. Daily Timeframe Additionally, Granules India is forming an ascending broadening wedge pattern, with key resistance near 590 and support around 430, which was successfully tested before making a new high. Overall, the technical structure indicates strong breakout potential in the near term. Thank You !!
NSE:GRANULESLong
by FiveCircles
GOLD → Retest 3400 before the news. Will there be a rally?FX:XAUUSD is pulling back slightly after hitting a new high of 3423. The trend is bullish, and on the D1 chart we see a breakout of a symmetrical triangle, which generally hints at bullish potential. Gold is correcting after rising to $3423 in anticipation of US PCE inflation data. Key factors: Doubts about the Fed's independence are limiting the USD's strengthening. Soft Fed rhetoric: Board member Waller supported a rate cut in September and further easing. The probability of a September rate cut is estimated at 87%. Today's news: Core PCE inflation data (forecast: 2.6% y/y). If below forecast → increased expectations for policy easing → support for gold If above forecast → dollar strength → gold correction Short-term gold dynamics depend on inflation data and its impact on Fed rate expectations Support levels: 3405, 3394, 3386.5 Resistance levels: 3415, 3423, 3433 As part of the correction, the price may test liquidity zones and enter a consolidation phase ahead of the news. However, the market is one step away from distribution (exit from a symmetrical triangle). If the bulls keep the price above 3400 as part of the correction, we will have a good chance to catch the rally... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
20
BITCOIN → Breakthrough of the downward trend resistance... 120K?BINANCE:BTCUSDT.P formed a false breakdown of key support at 110,000 - 112,000 and returned to the whales' zone of interest. The chart shows the prerequisites for a possible end to the countertrend correction... A false breakdown of the daily support of 110K - 112K provokes a local bearish rally, within which the price breaks through the downward resistance of the correction and tests 113.300. The growth was supported by positive signals from institutional investors, technical stability and a decrease in selling pressure. The fundamental background is positive, the market is trending. The chart shows prerequisites for the end of the correction. However, the further outlook depends on the 112.0 - 112.5K area. if the bulls hold the price above this zone, the flagship may return to the upward movement and head towards 117K - 120K. Support levels: 112.5, 112.0, 110.9 Resistance levels: 113.6, 114.6, 117.0 After breaking through the resistance of the descending channel, the impulse stops and most likely a fight for the 112K zone may form. If the price returns to the channel and consolidates below 112K, then Bitcoin may return to the downward movement, however, while the price is trading above this line, the bulls have a chance... Best regards, R. Linda!
Long
by RLinda
20
GOLD → Retest 3400. Readiness for a breakthroughFX:XAUUSD is "consolidating" creeping up on resistance, which generally increases the chances of a breakout, but the initial resistance test may end in a pullback. However, there is news ahead that could trigger one of two scenarios... At the moment, gold is testing $3,400, but is ready for a correction pending new data from the US. However, further decline may be limited for the following reasons: Weak dollar: The probability of a Fed rate cut in September is estimated at 90%. Trump-Fed conflict: Pressure on Fed Chair Lisa Cook undermines confidence in the dollar. Trade wars: New US tariffs (on India) and retaliatory measures (Mexico, Canada against China) increase demand for "safe havens" What is important: Political uncertainty and soft rhetoric of the Fed continue to play in favor of gold. Any attempts to reduce will be supported by buyers. It is also worth paying attention to the GDP and Initial Jobless Claims, which will be published today at 12:30 GMT. Resistance levels: 3405, 3420, 3433 Support levels: 3386, 3373, 3369 Technically, the situation is ambiguous and everything depends on the reaction to 3405 and further news. Weakening of the fundamental background may lead to consolidation or correction to 3373 - 3369. However, if traders feel support, then the retest of 3405 may end with a small consolidation around the level and subsequent breakout and growth to the specified targets (I am more inclined to this scenario based on the above situation) Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
18
GOLD → Bullish trend. Pullback before growthFX:XAUUSD continues to gradually storm the 3375-3405 area, paving its way to strong resistance at 3410. The fundamental background is relatively positive, with a bullish trend. Gold has retreated slightly from its two-week peak ($3400), but retains its growth potential against the backdrop of two key factors: Pressure on Fed Chair Lisa Cook is undermining confidence in the dollar and strengthening demand for defensive assets. New tariffs on China and India are reviving fears about global growth, which is beneficial for safe havens. But there are also restraining factors: A strong dollar could limit gold's growth. It is also worth paying attention to Friday's US inflation data (PCE), which will determine the further trend. Soft data will reinforce expectations of a Fed rate cut and push gold higher. Resistance levels: 3386.5, 3393.5 Support levels: 3373.7, 3369.6 Movements up to 3410 may be zigzagging due to the fairly heavy zone of 3375 - 3410 (this can be seen in the volume profile). Focus on local but strong support: 3373 - 3369, the market may test this area before storming resistance 3386 - 3393 for growth to 3405 - 3410. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
33
NZDJPY → A false breakout of resistance will trigger a declineFX:NZDJPY entered a correction phase after a sharp decline. The main trend is downward, with a countertrend movement aimed at consolidating potential before further decline. A countertrend correction is forming against the backdrop of the main downward trend. The current movement may be aimed at hunting for liquidity before continuing its movement. Focus on the resistance zone at 86.67 The currency pair is trading below key resistance within the global downtrend. As part of the correction, the price may test 86.67 - 87.10 before continuing the main trend. Resistance levels: 86.67, 86.97, 97.11 Support levels: 85.97, 85.6 If a false breakout of the key zone of interest forms during the correction without the possibility of continuing growth, we will receive confirmation that the market is ready to move down. Consolidation below the level may trigger a downward impulse. Best regards, R. Linda!
Short
by RLinda
6
GBPAUD → The correction is nearing completion...FX:GBPAUD is set to end the correction formed within the global bullish trend. A false breakdown of the liquidity zone is forming... GBPAUD on D1 is testing a strong support zone, which gives traders hope for a possible recovery. Locally, the chart shows signs of the correction ending... After correcting to 1/2 of the range, GBPAUD is forming a false breakdown of the order block and breaking the bearish structure, confirming the end of the correction. Consolidation above 2.076 could trigger a recovery within the bullish trend. Resistance levels: 2.086, 2.0978 Support levels: 2.076, 2.0715 Despite breaking through the resistance of the local correction, the market must confirm the bullish sentiment. Consolidation of the price above 2.076 will confirm this nuance, and consolidation above the key support may influence further growth. Best regards, R. Linda!
Long
by RLinda
5
ETHUSD🔎 Chart Setup ETH/USD 1H → Bearish flag = continuation pattern AB=CD ETH Dominance (D) → Also breaking flag = confirms weakness in ETH vs other alts/majors 📊 Trade Plan ⚠️ Manage risk strictly (crypto volatility is brutal): Entry: On breakdown retest of the flag support line 🟥 Stop Loss (SL): Just above flag resistance rofit (TP): 🎯 TP1 (1:1 RR) → Secure partial profits (50% book) 🎯 TP2 (1:2 RR) → Let rest run, trail SL 💡 Risk Management Max 1%–2% account risk per trade ⚖️ Always use hard stop, don’t widen 🚫 Partial booking keeps you safe + confident 🛡️
COINBASE:ETHUSDShort
by SmartMoney-AR
GOLD → Consolidation to continue growth towards 3400FX:XAUUSD is updating its local maximum but is facing pressure in the 3375-3400 zone. The market is bullish, but the dollar is consolidating. Traders are waiting for signals and stronger drivers... Gold resumes growth, approaching the $3400 level, amid a weakening dollar and falling US government bond yields. Key drivers: Trump's new threats of tariffs on Chinese goods and his attack on the Fed (removal of Lisa Cook) are undermining confidence in US assets (pressure on the dollar). Soft Fed rhetoric: Expectations of a September rate cut have strengthened after Powell's speech. Key risks: The dollar's recovery amid trade threats, US economic data may adjust rate expectations, and the escalation of the trade war supports demand for safe assets The short-term dynamics of gold will depend on the balance between the Fed's soft monetary policy and trade tensions. Resistance levels: 3379, 3400 Support levels: 3369, 3362, 3358 As part of the correction, the market may test local support zones located within the current trading range, after which gold may return to attack 3375-3379 to continue its growth towards 3400. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
18
BNBUSDT → Strong altcoin. Correction before growth.BINANCE:BNBUSDT.P , after forming an ATH, entered a correction, which may stop at 10-15%, after which the market may enter a recovery phase. The coin looks quite strong, especially against the backdrop of a bullish trend... BNB looks quite stronger than Bitcoin. While the flagship is forming a deep correction, the altcoin is testing local support within the bullish trend. BNB has quite positive dynamics. There is a strong bullish trend, the ATH has been updated, but a correction is forming, which is 8% of the permissible 30% (there is still room to move). The liquidity zone of 820-815 may serve as an area of interest. By the time the mirror level and strong area of interest are retested, Bitcoin may move into a recovery phase, which in turn will trigger growth in BNB. Support levels: 820, 816, 796 Resistance levels: 861, 884, 901 At the moment, the entire cryptocurrency market is in a downtrend. As part of this cycle, BNB may test support at 820-816. A false breakdown of support and consolidation above this level may indicate that bulls are interested in further growth. This could trigger a recovery within the main trend. Best regards, R. Linda!
Long
by RLinda
2
GOLD → Correction before continuing distribution to 3400FX:XAUUSD entered a correction phase at the start of the session after Friday's rally, triggered by positive fundamentals... Gold is falling after Friday's rise, triggered by Powell's unexpectedly dovish comments in Jackson Hole. He confirmed the Fed's readiness to cut rates in September amid risks to employment and economic growth. The probability of a September rate cut has risen to 88%. Gold is correcting after a sharp jump, but the downside potential is limited. Market attention is focused on PCE inflation data this week Technically, the decline in gold prices may be temporary as the market continues to reassess the prospects for the Fed's dovish policy. The key factor will be Friday's PCE data, which will confirm or adjust expectations for an aggressive rate cut. Support levels: 3358, 3350, 3340 Resistance levels: 3375, 3405 The 3358-3350 area acts as a strong support zone, and it is also worth paying attention to the previously broken downward consolidation resistance. The market may test the support zone before rising, and a false breakdown and consolidation above the support level could have a bullish impact on the market... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
25
BITCOIN → Market potential change. Chance for growth to 125K...BINANCE:BTCUSDT , after a false breakdown of support, which we had been preparing for in my last idea, with the support of dovish hints from Powell, soared from 112K to 117K. What's next??? After Powell's speech and the shift in the fundamental background to positive, BTC broke the local bearish structure, forming a rally to 117K. The market exhausted its potential and, against the backdrop of the approaching weekend and a decline in liquidity, entered a correction phase. However, the relatively positive fundamental background should be taken into account when making further decisions. Lower interest rates could support the market... Technically, after retesting the 112K zone and forming a false breakdown, Bitcoin changed market sentiment. The capture of liquidity and the breakdown of the local downward structure changes the technical situation in favor of buyers. Potential areas of interest could be 117.8, 120.27, and 125K Resistance levels: 117K, 117.86K, 120.27K Support levels: 114.6K, 111.9K If, during the correction, the bulls manage to keep the price above the upper limit of the local trading range, i.e. above the downward channel and above the 114.600 zone, then interest in buying may increase. The market has the potential to test the resistance of the global trading range... Best regards, R. Linda!
Long
by RLinda
35
GOLD → Consolidation and news. What are the chances for growth?FX:XAUUSD is consolidating in a symmetrical triangle pattern. Market uncertainty remains high. The global trend is bullish, while the local trend is neutral. What can we expect from gold? Gold is falling ahead of Powell's speech in Jackson Hole. The dollar is strengthening on strong US economic data (housing sales and PMI growth), which reduces the likelihood of an early easing of Fed policy. Key factors: Powell may confirm a cautious approach to rate cuts. The probability of a rate cut in September has fallen to 75%. The rise of the dollar as a “safe haven” is putting pressure on gold Scenarios after the speech: Hawkish tone from Powell → dollar rises → gold falls below $3300. Soft signal → dollar correction → gold recovery Technically , the gold casino continues and it is difficult to determine in advance which way the symmetrical triangle will break, but if we bet on a bullish trend and the likelihood of an imminent interest rate cut, the most likely scenario is a rebound from the support zone followed by a breakout of resistance and a rise to local levels Resistance levels: 3350, 3358, 3370 Support levels: 3323, 3320, 3315 A false breakout of the key support level, which is being defended quite aggressively by the bulls, could trigger an active recovery phase. However, it is important to keep an eye on Powell's speech, as well as Trump's, who will also be commenting this afternoon. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
10
GBPJPY → False breakout and reversal patternFX:GBPJPY is forming a false breakout of strong resistance from D1. A trading range (consolidation) is forming, and market participants are fighting for the 199.0 - 200.0 zone. GBPJPY is consolidating at strong resistance. A fierce battle is underway for the 199.0-200.0 zone. Focus is on the Japanese yen, which is consolidating (against a backdrop of dollar stagnation). A decline in the JPY could trigger a fall in the currency pair. The volume density point is located above 199.5. Locally, the price has confirmed a bearish structure, and a retest is forming on increased volatility (manipulation). A false breakout of resistance will return the price to support, which in turn will increase the chances of a further decline Resistance levels: 199.5, 200.28 Support levels: 198.67, 197.68 A double top reversal pattern is forming on the chart, indicating the presence of strong limit resistance, but the pattern has not yet been realized. The trigger is consolidation support. Locally, I expect a decline from 199.5 to retest the trigger, the breakout of which could trigger the reversal pattern. Best regards, R. Linda!
Short
by RLinda
4
GOLD → Correction and retest of a previously broken level...FX:XAUUSD breaks through the support of the local consolidation “symmetrical triangle” and falls to a minimum of 3311... Gold remained at a three-week low of around $3,300 in Asian trading on Wednesday as markets awaited the Fed minutes and Powell's speech in Jackson Hole. The dollar is strengthening on expectations that the Fed chair will reject the idea of aggressive rate cuts despite weak labor market and inflation data. The probability of a rate cut in September is estimated at 85%. Strong housing market data and news about negotiations on Ukraine provided additional support to the dollar. Powell's comments on Friday remain the key factor for gold, while current movements are mainly technical in nature. Resistance levels: 3328, 3331, 3345 Support levels: 3314, 3300, 3328 Technically, a correction is forming after a bearish rally. As part of the correction, the price may test the zone of interest, which is represented by local resistance levels. Distribution could bring the price to 3300-3270. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
19
GOLD → The market is waiting for a kick (driver). ConsolidationFX:XAUUSD is in a stalemate. A “casino” pattern is forming in the form of a symmetrical triangle. The odds are 50/50, and everything depends on the fundamental background and the emergence of a driver. Gold is stuck in a symmetrical triangle - consolidation. Gold is trading around $3330 on Tuesday, remaining in a range with a downward bias amid caution among traders ahead of the Fed minutes. Technically, it is possible to trade the breakout from consolidation with the price consolidating above a certain level, i.e., post-factum. Optimism after the meeting between Trump and Zelensky, who promised to end the conflict, is reducing demand for safe assets, but expectations of a Fed rate cut this year are supporting the metal. An additional factor is the confirmation of the US rating by S&P. Powell's speech on Friday will be a key driver, while the dollar has partially recovered after its recent decline. Resistance levels: 3349.8, 3370.7 Support levels: 3331, 3315, 3301 Volatility has been very low over the past few days, with the market waiting for someone to kick-start movement. Fundamental factors are contradictory, and technically, gold looks uncertainly weak. Based on this, I expect that a retest of the nearest resistance could end with a downward breakdown from consolidation. Sincerely, R. Linda!
FX:XAUUSD
by RLinda
23
EURCAD → Countertrend correction before growthFX:EURCAD is forming a correction to the support zone against the backdrop of temporary stagnation of the euro, which is the previous extreme from July 1... EURCAD is forming a countertrend correction within the global bullish trend. The euro is gradually rising amid the fall of the dollar. The Canadian dollar is consolidating below strong medium-term resistance and may continue its decline, which will only support the bullish trend in EURCAD Technically, the price is entering a liquidity zone, with a point of interest at 1.61 - 1.609, locally at 1.61225, where the upward support line also passes... Support levels: 1.6122, 1.6100 Resistance levels: 1.618, 1.625 The main focus is on the specified support zones. If, after a false breakdown of the point of interest, the bulls are able to keep the price above the support zone, then in this case we can expect a possible continuation of the trend. Otherwise, the local trend may be broken and the market will go into a deep correction... Best regards, R. Linda!
Long
by RLinda
11
GOLD → Attempt to break through 3350 for a retest of 3370FX:XAUUSD is stagnating in a range, awaiting a driver. The price is consolidating, with boundaries narrowing and forming a symmetrical triangle... Gold is trying to consolidate above $3,350 after falling to an 11-day low of $3,325 amid geopolitical uncertainty. Markets are awaiting Trump's talks with Zelensky, which will be joined by European leaders, hoping for a quick peace agreement on Ukraine. However, general optimism is limiting demand for “safe assets.” Expectations of a dovish Fed policy and the possible lifting of sanctions against Russia are adding to the positive sentiment. At the same time, gold risks a correction if the dollar strengthens amid profit-taking ahead of the Fed minutes and Jerome Powell's speech in Jackson Hole. Technically, if gold can break through the 3350 level, the market may test the 3370 resistance in the short term, but then return to support due to uncertainty. Resistance levels: 3350, 3370, 3400 Support levels: 3331, 3315, 3301 At the moment, since the price is in a range, it is worth considering an intrarange trading strategy: false breakouts or rebounds from strong levels. I think that until a strong driver appears, gold will remain within the specified range. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
15
XLMUSDT → Consolidation before rally to 0.4700BINANCE:XLMUSDT is recovering after a fairly aggressive decline, the purpose of which was to consolidate potential and retest trend support. The chart shows signs of a bullish movement... The growth of BTC and ETH and the decline in Bitcoin's dominance index give altcoins a chance. The market is generally bullish, and in the second half of this week, we encountered a correction that has most likely come to an end. XLM has a fairly strong support line, above which the bulls are aggressively holding the price. XLM is rebounding from the upward support line. The price returned to the trading range of 0.4274 - 0.4685, but encountered strong resistance at 0.4331, a break of which will confirm the bullish market structure. An ascending triangle is forming with a trigger at 0.4331. Support levels: 0.4273, 0.4194, 0.4114 Resistance levels: 0.4331, 0.4596, 0.4685 Within the local “ascending triangle” structure, the price may continue to consolidate. A retest of local support zones is possible. However, a smooth compression of the price towards resistance may lead to a breakout, which in turn, due to consolidation, may provoke a strong upward momentum. Best regards, R. Linda!
Long
by RLinda
6
GOLD → Gold is consolidating. What will C.Retail Sales show?FX:XAUUSD is consolidating due to uncertainty caused by economic data from the US, interest rate decisions, and negotiations between the presidents of Russia and the US. Gold has not had an easy time lately, with the price in a rather difficult zone both technically and fundamentally. Low-potential, restrained movements occurring within the consolidation are waiting for a strong driver to appear. Potentially, this could happen today, as we have retail sales data ahead of us, as well as a fairly important event - a meeting and negotiations between the presidents of Russia and the US. Technically, the focus is on the boundaries of the current consolidation: 3331 - 3349 - 3366. Thursday's weak close (close to the trigger) hints at a possible attempt to break through 3331 with the aim of falling to 3300. However, a sharp approach and seizure of liquidity from 3331 could provoke a rebound to local resistance (3350 - 3366). Support levels: 3331, 3300. Resistance levels: 3350, 3366. Markets are waiting for hints on interest rates. Weaker data on Core Retail Sales and Retail Sales could bring us closer to a reduction in interest rates, against which backdrop gold could strengthen. And vice versa, respectively... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
13
GBPUSD → Breakout of resistance after consolidationFX:GBPUSD is rebounding from strong daily resistance with the aim of consolidating its pre-breakout potential. The fundamental background for the pound is positive... GBPUSD has a strong market structure. A false breakout of resistance at 1.3589 is forming. The level could not be broken on the first attempt, MM may form a correction or consolidation for a retest of resistance with the aim of a breakout and further growth. Focus on the liquidity zone at 1.35, 1.3488. The dollar is in a downward movement within the global bearish trend. Despite conflicting news, the index continues to decline, giving the pound a chance... Resistance levels: 1.3589 Support levels: 1.3521, 1.3488 The market needs consolidation in order to break through this barrier. Against the backdrop of a bullish trend, which is already supporting the market, we can expect a rebound from support with the aim of continuing growth. Best regards, R. Linda!
Long
by RLinda
3
HYPEUSDT → Correction for consolidation before ATH breakoutBINANCE:HYPEUSDT.P looks quite strong and is just a few cents away from reaching its ATH. The coin needs to build up its potential to reach its target and break through a strong resistance level... The cryptocurrency market feels quite confident. Bitcoin's growth is having a positive effect on altcoins. HYPE almost tested its ATH as part of an upward movement, but encountered pressure. The price did not reach its target (ATH) and entered a correction phase. Most likely, this is an MM maneuver to collect liquidity... As part of the correction, the market may test the consolidation located below. Focus on the support area 0.5F - 45.85 Resistance levels: 49.88 Support levels: 45.85, 44.27 The most likely scenario is a retest of the support and interest zone. A false breakdown and the bulls holding the price above the level, i.e. in the zone of interest, could attract active buying, which in turn could trigger a continuation of the growth within the global bullish trend. Best regards, R. Linda!
Long
by RLinda
6