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Candlestick Analysis

Gold – After the BreakoutIt has been hard to ignore the September move higher in the Gold price, which has seen this popular asset amongst traders rise around 6%, from its breakout above 2 month range high resistance at 3450 on September 1st (more on this below in technical update) to a peak of 3690 this morning. Now, understandably after such a big move, Gold prices are attempting to consolidate at higher levels as traders adjust positioning and prepare for a crucial interest rate decision from the Federal Reserve tomorrow evening at 1900 BST, which is then followed by the press conference, led by Chairman Jerome Powell at 1930 BST. Patience, preparation and trading discipline when trading any market ahead of such a binary event like this Fed rate decision may be a sensible option to consider, despite what the price action may look like. While markets fully expect the Fed to cut interest rates tomorrow, there is still uncertainty surrounding whether they will cut 25bps (0.25%) or 50bps (0.25%), as well as the outlook of policymakers towards further cuts across the remainder of 2025. Will they just cut once and wait for more data inputs, or could Chairman Powell signal more cuts are incoming at future meetings? The answers to these questions could lead to an increase in volatility but could also set up the next directional move for Gold prices. This is where preparation can be important. Check your capital allocation, look at the charts to identify key entry, exit and stop loss levels to monitor and formulate a trading action plan to implement at the time you consider to be the most optimal. To help you in this regard, below is our technical assessment of the current environment with 36 hours to go before the Fed. Technical Update: After the Breakout The latest significant development within Gold price activity has been the successful closing break above 3451, a level equal to the June 16th session high. This also represented the upper extremes of the recent sideways range, with the closing break higher triggering a phase of price acceleration to post a new all-time high at 3690 this morning. As the chart above shows, the recent setback in price, a move that saw a low posted on September 11th at 3613, appears a limited period of consolidation, especially as this week has seen another all-time high posted at 3690. However, some traders may now be wondering if this 3690 level marks the extent of Gold price strength or if there is a more extended upside phase on the cards. As a result, it may be important to identify and then monitor key support and resistance levels in case an increased spell of volatility emerges in the coming days. Potential Resistance Levels: Having seen a pause in the price advance following the posting of the 3690 all-time high, this level may now represent the first resistance focus. Closing breaks above 3690 may be required to increase the potential of further price strength. If closes above the record high at 3690 are seen, it could point to potential tests of 3748, which is the 61.8% Fibonacci extension resistance. If this level was to give way, it could open the possibility of a more extended advance towards 3876, which is the higher 100% extension level. Potential Support Levels: It has already been a sharp acceleration higher for Gold prices, and this may open suggestions of a deeper decline to unwind over-extended upside price conditions. However, if such a move is to materialise, closing breaks below the support at 3613 may be required. This level is equal to the September 11th low. While a closing break below 3613 wouldn’t necessarily signal a negative sentiment shift, it could expose tests of 3546, which is the 38.2% Fibonacci retracement of the August 20th to September 9th phase of price strength, and possibly further if this level were to also give way. 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:XAUUSD
by Pepperstone
1
Trade cautiously and wait for a pullback to go longGood morning, my friends. At present, gold continues to rise, and blindly chasing more will definitely lead to huge risks. We originally planned to wait for gold to pull back before going long, but the market did not give us this opportunity. I didn't let you blindly chase the short positions yesterday. Now, are you glad that you followed my advice and didn't enter the market rashly? I know that after it hit 3675 yesterday, there must have been a lot of people shorting the market. Many brothers even held their positions until today, but found that the market did not give a good retracement point. At this time, it's even more important to avoid being manipulated by emotions and engaging in revenge trading. In the short term, the prudent approach is still to wait for gold to pull back before going long. In the short term, focus on 3675-3665. If it does not break through the pullback, you can try to go long on gold.
OANDA:XAUUSDLong
by Allen_Boswell
Bulls Eye Fresh Gains in SilverSilver may be about to embark on another leg higher, bouncing strongly in Asia to move back towards resistance above $42.73. Having tested the level multiple times earlier in the session only to be knocked back lower, a close above it on the hourly—or a definitive push to fresh highs—may be enough to draw in additional longs looking for an extension of the prevailing bullish trend. Longs could be set above $42.73 with a stop below, targeting $43 initially given silver’s tendency to gravitate towards big and half-big figures. Beyond that, those chasing more from the move should be on the lookout for reversal patterns. Momentum indicators are cautiously bullish, with RSI (14) and MACD showing signs of building topside pressure. That favours continuing to play silver from the long side Good luck. DS
FOREXCOM:XAGUSD01Long
by FOREXcom
Rally Before the Fed: A Trap or Treasure for Bears?Gold hit a new high again, and the current highest has reached around 3685. After gold consolidated at a high level for several trading days, the bulls launched a strong attack again, and it seems that there are signs of trying to hit 3700. However, the current gold market is at a critical node and cycle, so I do not advocate continuing to chase gold; on the contrary, I will choose to short gold at every high as the gold price rises! Gold rose sharply as the Federal Reserve was about to announce its interest rate decision, and hit a new high again! Against the backdrop of interest rate cut expectations, it is easy to push market sentiment to a climax! When the market is caught in a long-term frenzy, it may also be an opportunity for large funds to quietly exit the market. Therefore, I think the purpose of gold's sharp rise before the Federal Reserve announced its interest rate decision is very clear. The first is to reserve room for decline for the news market in advance, and the second is to attract most retail investors in the market to take over. So I think the turning point of gold is coming soon! So for short traders, I think this rise is not a risk, but an opportunity! Gold may collapse based on the phenomenon of "buying expectations and selling facts", so I think we need to short gold at its rallies before the Federal Reserve announces its interest rate decision. However, I would like to point out that when shorting gold in batches, we must control the number of lots traded to reduce trading risk! For short-term trading, I believe we can short gold in batches above 3680, with a short-term retracement target of 3660-3650. If gold falls below this area, it may even continue to retrace to the current rising point of 3635-3625.
OANDA:XAUUSDShort
by PriceSniper_Steffen
Short trade Pair: EUR/USD Direction: Sellside trade Date: Monday, 15th September 2025 Session: London to New York AM (9:00 am crossover) Timeframe: 1H Trade Details Entry: 1.17666 Stop Loss: 1.17721 (0.30%) Take Profit: 1.17316 (0.05%) Risk–Reward (RR): ~1:0.16 Trade Narrative The setup is framed around the Tue 9th London high Buy-Side Liquidity Pool (BSLQ), which acted as a reference point for the short entry. Execution was aligned with the 9:00 am London to New York session crossover, a time of increased volatility and liquidity shifts.
Short
by davidjulien369
CHFJPY: Trend ContinuationAfter a pullback throughout August, it seems like this pair is gaining its momentum back. Here are my observations over on different timeframes. Daily Timeframe: EMA20 is above EMA60, which signals there's an overall uptrend Price also pulled back and stayed above the DTL, indicating that this breakout is successful H1 Timeframe: Price crosses above the DTL, which is another indication that trend confluence is resuming EMA20 being above EMA60 and diverging is giving indications that momentum is likely picking up
Long
by FinancialGamblR
XAU/USD Stalls Slightly above 3650 – Bulls Losing Steam?Gold printed fresh all-time highs at 3674 last week, only to reverse sharply and settle into a sideways structure between 3620–3655. The current debate: is this simply a consolidation box that will fuel another breakout, or is the market quietly building a distribution top that could resemble a triple top pattern (if we ignore the spike to ATH)? Technically, the momentum has clearly cooled. The 3355–3360 area continues to cap the upside, turning into a stubborn barrier that bulls haven’t been able to overcome. From a fundamental angle, the Fed’s rate cut is already baked into the price. The focus is now on Powell’s guidance. With inflation pushing higher, a cautious and balanced tone is more likely than a dovish surprise. Cross-checking with other pairs, XAU/EUR and XAU/GBP are already pressing their support levels. That relative weakness suggests the gold complex as a whole may be closer to a downside break than to a new leg up. For now, I’m flat. But unless bulls regain control quickly, I’ll be watching for failed rallies after London open as potential short setups.
OANDA:XAUUSD
by Mihai_Iacob
21
Head & Shoulder breakout in Agilent stock pointing Bearish move HEAD AND SHOULDER BREAKOUT - price broke out of head and shoulder pattern with a strong confirmation indicating strong downward pressure for the stock. Definition - (i) Left Shoulder → price rise, then fall (ii) Head → higher rise, then fall (iii)Right Shoulder → lower rise, then fall again EVENING STAR CANDLESTICK - 1 large green candlestick followed by 1 doji followed by 1 large red candlestick is called evening star which indicates downward pressure for the stock TARGET - 120 level
NYSE:AShort
by peace_lover
Nifty Analysis EOD – September 15, 2025 – Monday🟢 Nifty Analysis EOD – September 15, 2025 – Monday 🔴 Tight Consolidation Before Weekly Expiry – Key Levels to Watch 🗞 Nifty Summary Nifty opened with a 30-point gap-up, but the first-minute sell-off dragged the index 44 points down from the high. The Inside Bar (IB) formed at 25,080, and shortly after, the IB Low was breached, though it turned out to be a false breakdown. The recovery from the low was modest at 54 points, showing gradual and less convinced buying. The 25,115 level acted as a strong hurdle, with multiple failed attempts to cross it. The day ended at the bottom of the session at 25,069.70. Overall, today’s session remained well inside the previous day’s range, forming an Inside Bar pattern on the daily timeframe. 👉 The total range today was 90 points, but the majority of price action stayed within a narrow 45-point range (25,115 ~ 25,070), indicating a phase of tight consolidation. With weekly expiry tomorrow, prepare for moves in both directions: If PDH breaks and sustains above → target 25,240. If PDL breaks → target 24,975 and 24,910. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 25,118.90 High: 25,138.45 Low: 25,048.75 Close: 25,069.20 Change: −44.80 (−0.18%) 🏗️ Structure Breakdown Red candle (Close < Open) Body: ~49.70 points (small) Upper wick: ~19.55 points Lower wick: ~20.45 points Balanced structure, but the red body reflects sellers had a slight upper hand. 📚 Interpretation Market opened strong but couldn’t sustain above 25,130, triggering selling pressure. Buyers defended the 25,050 level once again, but the close below open shows mild weakness. Both upper and lower wicks indicate a tug-of-war between bulls and bears, with sellers slightly dominating. 🕯Candle Type Small bearish candle / Spinning Top leaning bearish → signals hesitation after a few days of upward drift. 📉📈 Short-Term View – September 16, 2025 Support: 25,040–25,050 (key floor). Resistance: 25,130–25,140 (remains unbroken). 👉 Key Insight: Market has been boxed between 25,040–25,140 for 2 sessions. Sellers are defending the top, and buyers are holding the base → energy is building up for a decisive breakout. A clean breakout in either direction will set the next phase. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 169.85 IB Range: 57.15 → Medium Market Structure: Balanced Trade Highlights: 11:45 AM – Long Trigger → SL Hit 📌 Support & Resistance Levels Resistance Zones: 25,115 25,140 ~ 25,160 25,240 Support Zones: 25,085 25,035 25,000 ~ 24,975 24,940 💡 Final Thoughts Today’s indecisive and narrow consolidation hints at energy accumulation for the next big move. Keep an eye on PDH and PDL breakouts tomorrow (weekly expiry) for a clear directional bias. 📖 “Consolidation is the market’s way of gathering strength before the next directional burst.” ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
Long trade 📘 Trade Journal Entry Pair & Session Pair: EURJPY Date: Tue 9th Sept 2025 Session: NY AM Trade Setup Direction: Buyside Entry: 172.586 Profit Level (TP): 173.445 (+0.50%) Stop Level (SL): 172.483 (−0.06%) Risk–Reward (RR): 8.34 Context 🧠 Price retraced into the demand zone around 172.48–172.58, aligning with prior liquidity sweep. PDL taken out and reclaimed, confirming strength. VWAP reclaim and EMA support confirmed bullish continuation. FVGs stacked between 172.60–172.72 provided refined re-entries. Strong buy-side imbalance as volume surged on reversal, matching the NY AM reversal profile. Key Levels YDH: 173.659 TWO: 173.401 TWH: 173.913 VWAP: 172.723 WMA: 172.551 Asia Range: 172.348 – 172.749 Structural Notes Trade matches ICT-style liquidity raid & reversal during NY AM session. Expectation of continuation toward 1the 73.659–173.913 zone (YDH / TWH).
Long
by davidjulien369
2
CADCHF: Trend ContinuationCADCHF continues to remain bearish as it holds below the key level on the daily timeframe. Here's a summary of my key observations over on the daily and intraday timeframes. Daily Timeframe: Price broke the key support level in early September After some sideways price action, price is currently making a bearish bar that engulfs the prior day's doji H1 Timeframe: Price broke through the ATL, which shows confluence with the downtrend EMA20 is also below EMA60, moving further apart to signal momentum is picking up Price is also below EMA20, which signals confluence with downtrend as well
Short
by FinancialGamblR
Nifty trying to inch back into Bullish territoryNifty has done a good job so far in the last 2 weeks to inch back towards bullish territory. This was the second week where we saw a fantastic Green candle. We saw Nifty close above an important Fibonacci resistance of 24994 at 25114. The Next major Fibonacci resistances are at 25152 which is very near and 25378 which might also look relatively nearby. Once we get a closing above these 2 levels the next targets for Nifty will be at 25669, 26044 and 26529. Let us see if Nifty momentum takes us above 25152 or 25378 within next week. If the resistance stops nifty growth the supports for Nifty will be at Fibonacci levels of 24994, 24804, 24645 (next strong Fibonacci support). Final support for Nifty before it falls back into bearish zone will be at 24337. Mother line support of 50 Weeks EMA is at 24144. Shadow of the candle looks positive as of now and RSI is also slowly getting into the Bullish zone. Currently the RSI of Weekly chart is 56.99 which is very conducive for further progress. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment