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Candlestick Analysis

XAUUSD Short: Reversal Expected from the Supply ZoneHello, traders! The price auction for XAUUSD has been consolidating for an extended period within a large symmetrical triangle. This pattern was defined by key pivot points, establishing the upper supply line and the lower demand line. This phase of balance saw volatility contract significantly as the market approached the apex of the formation, building energy for a decisive move. Currently, this state of equilibrium has been resolved with a bullish breakout. XAUUSD has pushed above the descending supply line and has completed a retest, confirming the line as new support. This bullish price action is now driving the auction upwards, directly towards the major horizontal supply zone, which begins at the 3400 level. The primary scenario anticipates that this breakout is a final exhaustive move into a major resistance area. The rally is expected to fail upon entering the 3400 - 3410 supply zone. A confirmed rejection here would suggest a 'bull trap' has occurred, likely initiating a sharp reversal. The take-profit for this scenario is therefore set at 3340 points, targeting the recent breakout area. Manage your risk!
FOREXCOM:XAUUSDShort
by heniitrading
10
Oil (WTI) – Short Term Turmoil Dominates Heading into SeptemberIt’s been a choppy week for Oil (WTI), with traders frequently adjusting their positions in response to various short-term factors. On Monday, optimism around a potential Federal Reserve rate cut, which could stimulate the global economy, drove oil prices higher and WTI rose from its opening level of 64.28 to a three-week high of 65.84. Tuesday saw selling pressure dominate, as traders awaited news on whether the Trump Administration would enforce a proposed increase in tariff penalties on India, from 25% to 50%, for purchasing Russian energy. This uncertainty pushed prices down to a low of 63.66. However, once confirmation came that the tariffs would indeed be implemented, and an EIA report revealed a decline in inventories at the key U.S. storage hub in Cushing, Oklahoma (the first drop in two months), oil prices rebounded. Looking ahead, oil prices may remain volatile in the short term as traders await clearer signals about the strength of the global economy, particularly from the U.S. and China. Key data releases over the next 10 days could provide that insight. On Sunday, China will publish its official PMI manufacturing survey, offering a snapshot of industrial activity. Then, on Friday, September 5th, the U.S. Non-Farm Payrolls report will give a crucial update on the health of the American labour market. Another key factor to watch will be developments from OPEC+, as markets await further updates on whether the group will move to restore between 1.3 and 1.6 million barrels per day of previously shuttered production. Their next meeting, scheduled for early September, could provide crucial direction for oil prices depending on the outcome. Technical Update: Upside Held by 38% Retracement Resistance Since posting the 62.24 August 13th session low, Oil (WTI) has enjoyed a period of price strength, with the market moving higher to 65.84 on August 25th. However, as the chart above shows, this strength was capped by 65.70 which is equal to the 38.2% Fibonacci retracement resistance, a level that is often a focus for traders, when prices rally following an extended phase of weakness. Oil (WTI) has seen prices pullback from this 65.70 area this week, suggesting it may be a level to watch in the coming sessions. However, what could be the potential support or resistance levels, if either, 65.70 continues to act as resistance and pushes prices lower, or if further price strength emerges and it gives way on a closing basis? Potential Support Levels, If 65.70 Continues to Hold Price Strength: After facing selling pressure at the 65.70 retracement level, Oil (WTI) has shown signs of weakness. Attention may now turn to 62.24, the low from August 13th. As buyers were found here before, they may be again, reinforcing 62.24 as next possible support. However, as the chart shows, since the highs of June 23rd, Oil (WTI) has been forming a pattern of lower highs and lower lows, which may indicate negative sentiment. If prices close below the 62.24 support level, it could trigger further downside momentum, potentially towards 60.17, the low from May 30th. Potential Resistance Levels, If 65.70 is Broken on a Closing Basis: While a close above the 65.70 resistance wouldn’t guarantee continued strength, it could open the door to a more sustained phase of upside momentum. Such moves could then result in the extension of the current recovery to test 67.84, the higher 61.8% retracement, possible further, if this in turn gives way on a closing basis. The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:SPOTCRUDE
by Pepperstone
GOLD (XAUUSD): Detailed Technical Outlook What a crazy bullish move initiated on 📈Gold on Friday, Following the Fed Chair Jerome Powell's speech on Friday, It is anticipated that this positive momentum will persist into the upcoming week. Our primary resistance level is situated within the 3400-3409 range, which is expected to be tested. Furthermore, a potential retracement from this level is possible. Should a decline occur, a bearish correction towards the 3350 level is anticipated. I will continue to monitor the market and provide further updates.
CAPITALCOM:GOLDLong
by linofx1
6
3400, the upper edge of the triangle, is gold long or short?#XAUUSD OANDA:XAUUSD I reminded you yesterday not to chase the rising prices easily. 💻Gold retreated today as expected, hitting a low near 3385. Gold is currently in a consolidation phase and has not given a clear trading direction, or it is waiting for the release of initial jobless claims data.📊 As the price of gold rises, the short-term support also moves up. 🌈The focus below is on the 3390-3380 support line. 🥅If it falls back but does not break, you can consider going long.📈 Pay attention to the short-term resistance range of 3402-3412 on the upside. Once it breaks through, it is expected to set a new high. Otherwise, it will maintain a high-level fluctuation pattern during the day.📉
OANDA:XAUUSDShort
by TP-Halson
EURGBP Possible Buy Zone The price action has exhibited sustained bullish momentum over an extended period, with no significant indicators suggesting a potential reversal at this time. As such, we will maintain our bullish bias, identifying key zones for potential buy continuity following recent corrective movements. Currently, it's prudent to observe the market's reaction in these zones. Alternatively, for those with a higher risk tolerance, entering at these levels could be viable, with stops placed at the extreme swing low of the preceding bullish leg. Let’s monitor how this scenario unfolds.
Long
by BFUFX_MARKETS
A Legends Continuation. BTCHello I am the Cafe Trader. Today we are going to look at a trade inspired by the Legendary Trader and Scalper Al Brooks. If you are not familiar with him I recommend having a strong foundation with price action before giving him a look. It's no secret that BTC is at levels many thought it would never reach, and yet many others are convinced of 5 - 10x more from this run alone. It can be crushing to feel like you missed out on the move, so instead of getting FOMO, I've detailed a guide to help you in the short or the long term. Long Term As of right now you are looking at 4 different levels of demand. It is up to you to measure your conviction, understanding why you want to invest, and how much you are willing to risk. Recognize that Many Big hedge funds have been hesitant with accumulating hoards of Crypto do to its volatile nature, considering it too risky. So with this in mind, I have given you 4 levels to add BTC to your long term depending on your personal conviction. Hyper Aggressive = Top of Demand $115,500 (willing to risk 50%) Aggressive = Demand $99,500-101,250 (willing to risk 40%) Fair Price = Strong Demand $74,000 - 78,000 (willing to risk 25%) Steal = Extreme Demand $42,000 - 50,800 (willing to risk 10%) Thinking about how much you are willing to risk will help you level out your Fear of missing this move, and get pricing that meets your personal demand. Short Term My fellow traders, this is a nugget (inspired) from Al Brooks. The "Two Bar Trend Break" . In a strong trend (not in a range), When you get a trend break (I like to go top of wick to top of wick for this trade), if the second bar doesn't have a huge topping tail, but closes near the top, you can enter this trade. Here is a trade that happened this month That hasn't filled yet (it got close). Entry At the close of the second green candle $116,000. Measure the bottom of the First candle that broke (called the Signal candle) to the top of the second bar that broke (called the Entery Candle). If you take that measurement, and add it to your take profit, you will have a 1R Scalp (1 measure of risk to 1 measure of reward). This isn't a true scalp, typically they should be in the same bar or next bar, but this follows similar principles. That's all for BTC, stay tuned for more analysis as we go over Ethereum, XRP, and one more of your choosing. Happy Trading! @thecafetrader
COINBASE:BTCUSDLong
by thecafetrader
Google Buyers Entered Seller Territory.Hello, I am the Cafe Trader. To finish off our series of the MAG 7 we have GOOGL up next. If you have been keeping up, I will offer insight into Long term and short term interest. Google has taken out a key sellers on July 21st, and also closed inside the supply zone. This is very bullish, bulls have not got much pushback from the bears, suggesting this could test the highs again, and prime itself for a breakout. Long term price guide helps you align a buy area with your conviction. I will update the price as of friday's close (today) Long Term Aggressive: $179 - If we close today above the bottom of supply line, then I would suggest this aggressive price adjust to 187.50 Fair Sentiment $166 - 173 - Between the big buyers and the strong demand. Also having the trend to support adds a 3rd strength. Extreme Deal $140-148 - If you can catch a deal here, best to snatch it up. Alot of Big money wil be doing the same. Short Term weakness in the supply area is suggesting a run to the top. Trying ot get in here can be tricky. Since today is friday, the close is extremely important to see how our next week will be framed. So here I have 2 Bullish scenarios to help you find opportunity for GOOGL. Green Scenario Yes its possible it will run strait up into the top of supply, as a trader, you don't want to be that buyer just yet. I wouldn't personally feel great about trading the green line scenario without seeing a real buyer step into the market. So if we can Find a real buyer, we will play off of them and rirde to the top. No entry or price targets on this one yet. Red Scenario This scenario has a real buyer, and personally I think is a safer trade to take (as of right now). With this squeeze that's happening, there is a good chance at some point there will be buyers getting exhausted and shorts getting a grip on this. This is why I would not buy "top of demand" but would look to get close as I could to the strong demand. and then a ride back to the "Top of Supply" Entry: 175 Stop: 170 Partial Profit: (when the sellers step in, thats our first TP) Target: 206 That's a wrap on our MAG 7 series, Happy Trading and we will see you next time. Next week we are going to chart out Crypto, if you have any specific suggestions you want to see me chart, comment below. @thecafetrader
NASDAQ:GOOGLLong
by thecafetrader
1
Bears are still in controlHello I am the Cafe Trader. Today we are going to be taking a look at UNH. No doubt this has to have come across your feed or in the news recently. Why is every so Bullish? People are so bullish, that it spooks me... Everyone is pumping this emphatically, I feel like they are getting paid to pump it. This is a bold statement, but It's a gut feeling. Tin Foil If people get paid to pump, The huge seller isn't done selling, and needs you to keep buying to sell into you. Yes this should make you hesitant and weary. Does this mean you shouldn't buy? Not necessarily. Here are two scenarios to help you squeeze some juice out of this rock. Bears are still in Control A fresh new aggressive seller stepped in at $292.44. This is going to put some pressure on the high demand zone. May 25th, we sunk deep into the zone before recovering. This was an extremely hot reaction with passive buyers sitting at 271.30 11th of June aggressive buyers stepped in, but got crushed. 27th of June aggressive buyers stepped in, but as soon as they hit the real liquidity from the big seller (Tues jul 1st), you saw a huge follow through and more aggressive selling. This tells us that bears are still in control and I foresee two scenarios. Green Scenario Test off the liquidity at $271. Get a hot reaction from the buyers, putting tons of pressure on the new seller, ripping their faces and blasting off into never land. Long Entry 271 Stop 260 Partial TP 323 Final TP 425 Red Scenario We test the New aggresor before the high demand Liquidity, get sold into heavily, and put so much pressure on buyers it blows pass the high demand and gets to the most probable bounce location at top of Extreme Demand $207. Short Entry 292 Stop 302.50 Partial TP 271 Final TP 207 Bonus Scenario That 207 Area should attract massive buyers, even with the seller as heavy as he is. I think if there is going to be any big bounce strait off the cuff, this will be the spot. Entry 207 Stop 185 TP 425 (play the long long game here) Long Term If you did your DD and you want a good price. The following will be measured by your personal sentiment. Aggressive = 271 Fair price = 240 "Steal" = 191 - 207 That's all for UNH, Remember to follow/Boost. Stay tuned for more market analysis. Happy Trading! @thecafetrader
NYSE:UNH
by thecafetrader
Buy AMD with Confidence. Hello I am the Cafe Trader. My goal is to help you find great pricing for your long term, and help you finesse your position the markets. Today we are going to take a closer look at AMD. As of right now AMD has just peeled off it's highs, gapping down. Is this where buyers are stepping in? Should you buy now? What are some short term plays that can maximize your profits? CONTEXT On the Chart I have labeled different levels of Demand. Knowing where the players are (buyers and sellers) can help us be surgical in price and timing. In my opinion it is best to trade in terms of scenarios. How players react is just as important as Where they react. For example: Say you are waiting in a long line for coffee. After some time, the line moves very slowly. We can start to ask questions, like "Why is this taking so long? How long will this take?" "How" is an important question because we would have to examine how fast, or slow, the line is moving. We are in the dark with how big the current players are in the market. Knowing "How" will help us position ourselves well with the other players. This lines us up for the best pricing, and helps us be able to get out of a position quick if we are wrong. SHORT TERM AMD had mixed earnings. This puts pressure on the buyers but they are still in control. With a new seller inbound It's probable to hit the "Top of Demand" before breaking new highs. Short Scenario (Red Line) I think this will touch quick, reject, and then a few days of sideways before the real move down. You can take a Short right in this zone at 172, but if you buy puts, look to get good pricing. If we move up 4% the contracts might be too expensive to swing 3-5 days. I think after the touch, wait two days or so, and then look to get into some options. Short (shares) Entry 172 Stop 178.75 TP 150 Short (options) Entry is after a test of the strong supply, wait a couple days. Strike price: 160 Strike (or higher) Premium: 4 to 1 R $1.50 4-5 days TP $600 $2.50 6-10 days TP $1000 Long Scenario. If we do not touch the strong supply before going down, This could drop aggressively. Unlike the previous scenario, I am expecting a hot reaction off the strong Demand area. Long (shares) Entry 135.50 Stop 124 TP 172 Long (options) As soon as it touches, same day and next days contracts, 1 - 2 standard deviations outside the money. I think It can get to 140 minimum the same day. Strike 136-137 Premium: 2.50-3.50 (if you get it cheaper, great!) Really this will depend on if it touches on a Monday, or a Friday lol. TP 150% - 400% LONG TERM These prices should align with your own sentiment and Due Diligence of AMD. Fair: $149.50 (Top of Demand) Deal: $133.50 - 135.50 (Strong Demand) Steal: anything under 108 (2nd Strong Demand) Don't forget to Boost and follow! More insight to come, and make sure you check out all my channels. Much Love and Happy Trading! @thecafetrader
NASDAQ:AMD
by thecafetrader
If it doesn't break 3400, be wary of a possible pullback#XAUUSD Gold continued its upward trend tonight, consolidating again near 3390. Don't chase the rally at high levels!📊 Gold is near the upper edge of a convergent triangle.📐 As I told you before, whether it can effectively break through the edge of the triangle will determine the subsequent trend of gold in the short term. ⚖️ If it fails to effectively break through the upper range of 3395-3410 in the short term, then gold may still have the possibility of a pullback. 📉Otherwise, upward momentum will be fully opened. Exercise caution in evening trading.💻 There will be initial unemployment claims data tomorrow, so please pay attention to it.
OANDA:XAUUSDShort
by TP-Halson
ETH 1H Analysis – Key Triggers Ahead | Day 4💀 Hey , how's it going ? Come over here — Satoshi got something for you ! ⏰ We’re analyzing ETH on the 1-hour timeframe timeframe . 👀 On the 1H timeframe for Ethereum, we can observe that ETH is currently moving inside a V-pattern. If the price breaks out and consolidates above the neckline of this pattern, we could see a strong bullish continuation. Checking ETF flow data also shows heavy accumulation of Ethereum, which supports the bullish bias. ⚙️ The key RSI level for ETH sits around 62. Once the RSI crosses above this threshold, Ethereum has the potential to break the neckline of the V-pattern and push into the overbought zone, signaling further upside momentum. 🕯 Additionally, the volume, candle size, and number of green candles are increasing as ETH approaches this resistance. With rising trading volume, ETH could target higher price levels and potentially confirm a new all-time high. 🪙 On the 1H BINANCE:ETHBTC chart , we see a significant resistance level around 0.04274. A breakout above this zone with strong volume and volatility would provide an additional confirmation for a long position in Ethereum. 🔔 Our long setup alert zone is placed around $4652, while the short setup alert zone is positioned near $4329. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
Long
by SatoshiMultiframe
Trump manipulates the market, bulls still have a chance#XAUUSD Yesterday, I gave everyone a targeted trading plan. 📊First, it took into account the trading strategy of most people who wait for gold to pull back and go long. 📈Secondly, it supplemented the trading idea for large capital accounts to consider shorting with a light position near 3370 and waiting for a pullback.📉 This morning, gold fell to the ideal trading range of 3356-3345 as expected,🎯 and then rebounded, providing bulls with good profit margins. 🐂 I believe that as long as people who seriously refer to the trading strategy, 🤔whether they are partners who follow up on short orders and seize the profits of callbacks, or friends who arrange long orders at support levels to capture opportunities for pull-up, they will all be able to reap good returns. 🤑 This also once again verifies that our strategic logic around the "key range game" is in line with the current market rhythm.⚖️ Influenced by the morning news, gold rose in the short term and then entered a high-level fluctuation. 📊 From a trend perspective, bulls remain dominant, with gold prices remaining above the mid-range. A pullback presents an opportunity.🌈 Next, if gold stabilizes at 3375-3380, the bullish momentum will be further released, and it is expected to touch 3400-3410 and the upper edge pressure of the daily triangle.🚀 Whether it breaks upward or not will determine how far the bullish counterattack can go. If an effective breakthrough can be achieved, the upward space will be fully opened and is expected to set new highs.📊 In terms of operation, the main strategy is to go long during the day. You can consider going long based on the support of 3370-3355, with the target at 3385-3400.🏅
OANDA:XAUUSDLong
by TP-Halson
GBPNZD: Trend ContinuationAugust has been a slow month, which I'm hoping volatility with pick up in September. While most pairs have been ranging, GBPNZD has a relatively cleaner trend. Daily Timeframe: Over on the daily timeframe, price crossed above a key level that it held below for several months. After crossing up, it found another minor resistance level, which it made another clean break above. Given the clean breakouts above the resistance levels, this is an indication that the market is pretty one sided. We're not seeing fakeouts or any other indications that sellers still want control. Hourly Timeframe: The intraday timeframe is used to optimized my proposed entry. There are two key details here. The EMA20 is crossing above EMA 60, which is an indication confluence where the intraday trend is aligned with the daily trend. The pink trendline helps indicate the end of the counter-trend movement. When price crosses above this trendline, it also indicates that I can expect further upside (or that it's very likely).
Long
by FinancialGamblR
USDCHF Wave Analysis – 27 August 2025 - USDCHF reversed from support area - Likely to rise to resistance level 0.8165 USDCHF currency pair reversed from the support area located between the support level 0.8000, lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from July. The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Piercing Line. Given the strength of the support level 0.8000, USDCHF currency pair can be expected to rise to the next resistance level 0.8165 (top of wave 2 from the end of July).
Long
by FxProGlobal
NZDCHF (SWING) - BEARISH TRADE IDEAHi there, This pair has been bearish for a while and I expect it to continue. Although I would like to see price trade into my zone of interest - I doubt it will happen before price gets to my target price as NZD has been very weak lately. While other pairs like AUDCHF, CADCHF might give this retracement, NZDCHF might not. That said, I'd be sharing my CADCHF analysis soon. Follow if you'd like to see what I think of the markets. Cheers, Jabari
Short
by jabariofafrica
US 100 – All Eyes on the NVIDIA Earnings UpdateLast week was a challenging one for US 100 traders who had to negotiate a period of increased volatility caused by concerns of the development of an AI bubble leading to over extended valuations for key technology companies, and then a headline speech from Federal Reserve Chairman Powell at the Jackson Hole symposium where he hinted at the potential for rate cuts later in the year. This saw prices drop 3% from opening levels at 23745 on Monday August 18th down to lows of 22970 on August 20th, before rebounding strongly on Friday, back up to current levels around 23545 (0730 BST). While the potential for Fed rate cuts may still be an important driver for the US 100 index, traders are waiting for key future economic data updates to provide more clarity on whether a 25bps (0.25%) cut is possible when the Fed meet next on September 17th. Before then traders will be waiting on the Friday August 29th PCE Index release, (Fed’s preferred inflation gauge), Friday September 5th Non-farm Payrolls release, especially given how Chairman Powell indicated a link between the health of the US labour market and potential rate cuts, and then the next US CPI update on Thursday September 11th. This data waiting game means volatility for the US 100 index could be determined this week by details provided by NVIDIA in their Q2 earnings update which is due after the market close later today. NVIDIA is the world’s biggest company by market capitalisation (circa $4.4 trillion) and is considered the bellwether for AI demand and revenue performance. While traders may be focused on judging actual earnings performance against expectations, they could also be looking for reassurance regarding the strength of AI spending, as a more cautious outlook for future earnings could bring a negative reaction to AI stocks in the US 100. Being prepared for an extended period of volatility in the US 100 index may be a wise move. Technical Update: Still Positive Sentiment into NVIDIA Earnings? Although the US 100 index entered a correction phase from the August 13th high of 23986 to the August 20th low of 22970, the overall positive trend that began at the April 7th low of 16290, appears to remain intact. As the chart above shows, since the April 7th low, the US 100 index has traced out a pattern of higher highs and higher lows in price. This suggests positive sentiment, with buyers appearing at higher levels after each pullback. As long as this pattern of rising lows continues, the outlook could be viewed as skewing risks toward further attempts at upward movement in price. While positive sentiment does currently appear to remain in place, NVIDIA’s upcoming earnings report has the potential to shift market sentiment. Therefore, it’s important to identify and monitor the next key support and resistance levels to be prepared in case an increase in volatility develops. Potential Support Levels: After finding support at 22970 on August 20th, traders are likely still watching this level. As long as prices continue to close above 22970, a more positive outlook could still be viewed as valid. However, a negative reaction to NVIDIA earnings if seen, may result in closes below this support level, even signal a sentiment shift toward the possibility of further price declines. While a break below 22970 doesn’t guarantee further price weakness, it could open the door toward a test of 22678, the August 1st low, and potentially even 21375, which marks the June 23rd downside extreme. Potential Resistance Levels: Following the recent rebound from the August 20th low of 22970, the first key resistance is likely to be the all-time high of 23986 set on August 13th. A close above this resistance level at 23986 could signal improving momentum and the potential for further attempts at price strength. If this break is sustained, traders may start to focus on levels at 24,421 and 24,665, corresponding to the 38.2% and 61.8% Fibonacci extension levels, respectively. The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:NAS100
by Pepperstone
Final Bear Profit—Then Gold Turns BullishSupported by Trump's statement and geopolitical tensions, gold continued to rise to around 3394 and is currently fluctuating narrowly around 3390. Although the upward momentum of gold seems strong, the bulls are not resolute during the rise. Instead, they will launch an attack again after repeatedly testing the support. It is expected that the market is not highly unanimous in its agreement on the continuation of the strong bull market stimulated by the news, so the short-term volatility of gold will be exacerbated during the rise. As gold continues to rise, it is clearly under pressure in the 3400-3410 area in the short term. Moreover, the bullish sentiment of gold has obviously weakened before facing this area, so we must consider that gold may still retreat after being under pressure in the short term. Below, we should first note the short-term support area of 3385-3375. If gold fails to effectively break below this area during a pullback, it will likely retest 3400. Therefore, in short-term trading. At present, we can consider shorting gold appropriately in the 3390-3400 area. If gold retreats as expected, we will first observe the performance of gold in the 3385-3375 area. If it cannot effectively fall below this area, we can adjust the trading strategy and re-enter the long trade!
OANDA:XAUUSDLong
by Trading-Diary_Steffen
Nifty Analysis EOD – August 26, 2025 – Tuesday🟢 Nifty Analysis EOD – August 26, 2025 – Tuesday 🔴 Bears tighten grip as support zone gets tested 📰 Nifty Summary Nifty opened with a 72-point gap-down and extended the fall by more than 150 points, finding support at 24,755. Despite a few recovery attempts, the index mostly hovered around VWAP. Around 3 PM, Nifty broke the day’s low to hit 24,689.60 before a minor 21-point bounce, finally closing at 24,710.70. Monday’s upmove proved to be just a dead-cat bounce of Friday’s fall. After forming an Inside Bar on the daily chart, today’s breakdown extended the weakness. Now, holding the 24,585–24,600 zone will be crucial for any base-building attempts. 🛡 5 Min Intraday Chart with Levels 📊 Intraday Walk Opened with a 72-point gap-down. Sharp selling → tested 24,755 support. Multiple recovery attempts, stuck around VWAP. 3 PM breakdown → new day low at 24,689.60. Closed weak at 24,710.70, right at support. 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,899.50 High: 24,919.65 Low: 24,689.60 Close: 24,712.05 Change: −255.70 (−1.02%) 🏗️ Structure Breakdown Strong red candle (Close < Open). Body: 187.45 points → decisive selling. Upper wick: 20 points → no buying strength. Lower wick: 22 points → negligible bounce. 📚 Interpretation Market opened lower, weak recovery above 24,919. Continuous selling dragged it near the day’s low. Confirms bearish follow-through after rejection at 25,000 on Aug 22. Candle type: Bearish Marubozu-like, signaling bear dominance. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 201.98 IB Range: 164.05 → Medium Market Structure: ImBalanced Trade Highlights: No trade triggered by the system today. 📌 Support & Resistance Levels Resistance Zones: 24,805 ~ 24,830 24,855 24,895 24,920 24,945 ~ 24,950 Support Zones: 24,695 ~ 24,675 24,600 ~ 24,585 🔮 What’s Next? Short-term resistance now sits at 24,920, acting as a ceiling. Support lies at 24,695–24,675, already tested today. If broken, the next key zone is 24,585–24,600, crucial for base-building. Trend clearly shifted from buying fatigue → decisive selling. 💭 Final Thoughts “Markets don’t reverse on hope, they reverse on structure.” With today’s close hugging the support zone, the next few sessions will decide if Nifty can stabilize—or if bears extend their grip further. ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
GBP/AUD: Fiscal doubts and fading momentum tilt risks lowerChinese reflation hopes have combined with renewed concerns over the U.K. fiscal trajectory to generate an interesting short setup from a purely fundamental perspective in GBP/AUD. The technicals are also supportive given where the pair sits on the charts. If GBP/AUD breaks support at 2.0750 and holds there, shorts could be established with a stop above the level for protection. The 50-day moving average provides an early hurdle, so consider squaring the position if the price cannot meaningfully push beyond it. But if it can, 2.0600 or 2.0450 screen as appropriate trade targets. Even though momentum indicators are neutral overall, it’s clear bullish momentum is weakening fast. The price action over the past week also makes for a compelling short case, with the tombstone doji of August 20 followed by a break of the August 7 uptrend and an extension of the bearish move down to 2.0750. While there is second-tier economic data released in Australia on Wednesday in the form of the inflation indicator, the first month of the quarter tends to be dominated by goods prices, making the overall signal for RBA policymakers hard to trust when evaluating broader inflation trends. As such, it tends to have very limited market impact. Good luck! DS
Short
by FOREXcom