GBPAUD Overextended: Preparing for a Midweek Pullback📉 Taking a closer look at GBP/AUD, we can see that price is well and truly overextended within a strong bearish trend 🔻. While the downside momentum remains intact, price is now approaching a key support zone, an area where we could expect a potential retracement or temporary relief rally.
As we’re currently midweek, traders should stay alert ⚠️ — this is often the time when the market delivers aggressive pullbacks or reversals, catching late sellers off guard. If price rallies back into a clear resistance level, I’ll be watching closely for a break of market structure to the downside to confirm a short setup 🎯.
For now, patience and precision are key — let the market come to you and wait for confirmation before taking action.
💬 Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your own research and use proper risk management.
Chart Patterns
Russell 2000: Is the lagging small-cap about to charge higher?Russell 2000 is the laggard, while the S&P 500, Nasdaq, and Dow scale new record highs.
Could small caps be next to break out?
While all major US equity indices are hitting new all-time highs, the Russell 2000 is still consolidating just below resistance. This sets up a pivotal moment for traders as the Fed decision looms and Q4 earnings heat up.
Price is holding above the lower trendline of a potential ascending triangle pattern, with buyers defending support and momentum building for a potential breakout above peak resistance.
RSI on a daily basis sits in the mid-50s (neutral), but with room for renewed upside if a breakout occurs. Alternatively, a reset down to oversold could lead to a short-term decline of around 5% to the prior bottom.
But October’s strong earnings and increased bets on Fed rate cuts provide a positive tailwind for small caps this quarter.
Watch for a shift in flows from big tech and mega-caps to small caps if market breadth improves post-Fed.
Keep an eye on the top, as a breakout could open the door to new all-time highs and fresh momentum for the Russell 2000. Don’t miss the rotation potential as Q4 trading picks up.
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Day 57 — Trading Only S&P Futures | +$27 & Staying DisciplinedRecap & Trades
Day 57 — a slower day, but still a win for discipline.
We had X7 sell signals flashing early, hinting at downside, but the market structure stayed bullish and DP buy signals kept showing up.
I went long near the MOB zone at 11:30, got shaken out on a quick drop at 11:35, and eventually decided to step aside. Closed for a small gain of +$27.50.
Lesson & Mindset
Sometimes the right play is to walk away.
When signals conflict, overtrading only leads to frustration.
Days like this are great reminders that trading small and reviewing later can be just as productive as hitting big wins.
News & Levels
Main headline — S&P 500 hit a new record high today ahead of major tech earnings.
Tomorrow’s levels: Above 6885 bullish, below 6840 bearish.
Tuesday evening updateSPX rallied to another structural trendline and now has 4 daily bearish divergences on the rsi. Still the bias is up. VIX found support under 16 and at it's trendline. Gold looks like it will bounce with silver leading. BTC rejected from 116k and I think it is a short to 100k minimum.
GC Futures – Are We Flipping Bearish Into Midweek?Tuesday closed below Monday’s low, hinting at a potential shift in sentiment.
Currently, price is approaching a 1H FVG inside the prior Asian range, just below the Weekly Low (W-L) and Daily High (D-H) — a perfect liquidity pocket.
I’m watching for signs of rejection here to confirm a bearish continuation. If price holds above this area, we may see a short squeeze back into higher value.
Bias remains bearish, but confirmation is key.
What are you seeing here — are we setting up for continuation or a fakeout?
#Gold #Futures #GC #DayTrading #SmartMoney #OrderFlow #ICT #NoFOMO
XAUUSD support and resistance AOI (SHORT AND WHY)Strong support and resistance AOI (Area of interest) on 4H.
Wait for price to break under the AOI and retest it before entering. Big potential 1:3 to 1:4 RR if tight stop loss.
Weekly is bearish, Daily is bearish and and 4H is bearish for the moment. In 30 min chart 50 EMA has also ben tested twice so big confluence.
Beautiful head and shoulder on the 15M chart that the neckline has been broken. Wait for the restest again before entering short.
So I believe the break and retest of the zone is going to happen anytime market opens.
LINK: Shows Upward Momentum LINK has recently shown modest upward momentum. Under our primary scenario, we anticipate that turquoise wave 1 will push price above the resistance level at $30.95, followed by a corrective wave 2. However, if price continues to decline and falls below support at $8.25, we will expect a new wave alt.(B) low in magenta to form within our similarly colored alternative Target Zone ranging from $7.04 to $2.12 (probability: 37%).
Natural Gas - Did You Profit?Today natural gas saw some downside pressure.
We closed our KOLD long - which was our short trade on Nat Gas, netting over 8% gain.
Being nimble in the Nat gas market is key, as its a very choppy asset and gains can be lost very quickly.
Breaking below the 7 day MA needs to be watched closely as it does leave room for more downside.
Inventories lately have been lack luster and need to show some positivity before price start to gravity to the weekly trend.
Dogecoin - This is just insane!🧠Dogecoin ( CRYPTO:DOGEUSD ) is incredibly strong:
🔎Analysis summary:
During the end of last week, we literally saw a flash crash on Dogecoin, correcting about -50% in just a couple of minutes. However, bulls actually took their chance and bought the dip accordingly. This is just another sign that Dogecoin remains totally bullish now.
📝Levels to watch:
$0,5
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
EURUSD and GBPUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Sitting on the Edge – Liquidity Sweep Before the Bounce?Monday didn’t give much movement, and price is now hovering around last week’s low.
I’m expecting a liquidity sweep of the current levels — likely taking out the Daily Low before moving to fill the full Weekly FVG below.
Short-term bias is bearish for the Asian session, but I’ll be watching closely for a shift once that FVG is filled.
If absorption shows up after the sweep, I’ll flip long for the bigger move higher into midweek.
#FuturesTrading #Gold #ICT #LiquiditySweep #NOFOMO
XRP: Holds Firm Ripple (XRP) managed a modest rebound following last week’s moderate sell-off. However, under our primary scenario, blue wave (iii) is expected to push prices lower once again, targeting a bottom above the turquoise long Target Zone between $1.03 and $0.38. After that, wave (iv) should prompt a corrective move to the upside before wave (v) completes the entire blue five-wave sequence within the turquoise zone, thereby concluding the larger turquoise wave B correction. Prices in this zone could present attractive long entry opportunities, as the ensuing wave C is likely to propel the altcoin above resistance at $4.09. At that level, the higher-degree magenta wave (Y) should also reach completion. If XRP breaks out directly above the $3.19 resistance, it will suggest that wave alt.B has already finished (with a 30% probability).
Ethereum - This triangle decides everything!🪄Ethereum ( CRYPTO:ETHUSD ) still respects the triangle:
🔎Analysis summary:
As we are speaking, Ethereum is creating the fourth retest of the previous all time high. Since Ethereum has been trading in a bullish triangle pattern for the past four years, a bullish breakout remains likely. But short term volatility remains totally expected.
📝Levels to watch:
$4,000
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
GOLD Bull Market Over?Gold has fallen yet again today. Busting through some major technical support.
Gold is falling for 3 main reasons;
1. Trump / XI (USA vs China) meeting is expecting positive negotiations.
2. Mega Cap Tech Earnings: markets love to chase tech higher.
3. FOMC rate cut expectations.
We believe gold had a strong chance at retesting the daily 200 MA.
Picked up some GLD calls today.
XAUUSD — “The Calm Before the Retest”🟡 XAUUSD — “The Calm Before the Retest” 🐺
On the daily timeframe, Gold has now broken below the 4K–4K50 zone, confirming the end of the recent bullish leg and signaling a possible shift in structure.
If today’s candle closes below 4K, this move opens the door for a retest of the 4K25 area — where price could find resistance before continuing lower.
That rejection around 4K25 would set the tone for a deeper move toward the 3K200 zone, aligning with the retest of the weekly symmetrical triangle previously broken to the upside.
This deeper correction would serve as a breathing phase within the long-term bullish structure,
preparing Gold for a potential next major leg toward 5K once the retest is completed.






















