Gold (XAUUSD) Technical Analysis – September 19, 2025On the H1 chart, gold has completed its pullback inside a descending channel and is now showing signs of a potential breakout to the upside. Let’s break down the key areas to watch:
1. Market Overview
After rejecting the 3,700 USD/oz area, gold retraced toward 3,625 – 3,635 USD/oz support.
Price bounced strongly and broke out of the short-term bearish channel, signaling fresh buying pressure.
The overall structure favors a bullish continuation if the latest low holds.
2. Key Technical Levels
Immediate Support: 3,640 – 3,645 (near-term EMA + minor swing low).
Major Support: 3,625 – 3,635 (previous demand zone + Fibonacci 0.618).
Immediate Resistance: 3,675 – 3,680 (channel high + trendline retest).
Major Resistance: 3,700 – 3,710 (psychological zone and previous highs).
3. Technical Indicators
EMA20 & EMA50 are narrowing; a golden cross may form if price holds above 3,650.
RSI (H1) has recovered from oversold, currently mid-range, leaving room to climb toward 65–70.
Fibonacci retracement confirms a bullish rebound off the 0.618 level.
4. Trading Strategies
Scenario 1 (Preferred – Buy Breakout):
Enter long if price sustains above 3,645 – 3,650, targeting 3,675 – 3,680, with extension toward 3,700 – 3,710.
Stop loss below 3,635.
Scenario 2 (Short-term Rejection Trade):
If price fails at 3,675 – 3,680, consider a short toward 3,645, with stop loss above 3,690.
5. Conclusion
Gold is showing early signs of a short-term reversal, with potential to retest 3,680 – 3,700 if it can hold above 3,645. These levels will be critical for intraday traders.
- Follow price action closely around these zones for optimal trade setups. If you find this analysis useful, make sure to save it for upcoming sessions.
Commodities
GOLD BEARISH BIAS RIGHT NOW| SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,653.06
Target Level: 3,487.88
Stop Loss: 3,762.88
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Gold bullish flag breakoutThe Gold remains in a bullish trend, with recent price action showing signs of a continuation pause within the broader uptrend.
Support Zone: 3608 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3608 would confirm ongoing upside momentum, with potential targets at:
3677 – initial resistance
3705 – psychological and structural level
3740 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3608 would weaken the bullish outlook and suggest deeper downside risk toward:
3577 – minor support
3540 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Gold holds above 3608. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Gold Futures — Bearish Momentum Building After Fed CutGold continues to show weakness after the Fed’s 25bps rate cut. Price rejected the 1H FVG overhead and is pressing down toward yesterday’s low (3660).
Key Scenarios:
Bearish Case (favored): If we break and close below yesterday’s low (D-L 3660), sellers likely push toward the weekly low (WL ~3627). That move would clean up the liquidity pool and fill the H-TF imbalance.
Bullish Case: Only if buyers defend the daily low and reclaim the 1H FVG with strength could we see price revisit 3710 (daily high).
Momentum remains on the downside, with ADX > 25 confirming trend conditions. Watching closely for the daily low sweep and possible continuation.
Dot Plot Divide: Dollar Gains, Gold Stalls The USDJPY spiked lower following the Fed’s 25 basis point cut yesterday but quickly reversed trajectory as the dot plot projections from the FOMC came in softer than markets had expected.
The updated dot plot showed a narrow majority of FOMC members anticipating two more small rate cuts in 2025, while others leaned toward just one or even none.
This potentially suggests that the Fed is not simply aligning with Trump sycophant and newly appointed FOMC board member Stephen Miran’s aggressive call for repeated 50-basis-point cuts and instead signals an element of independence.
USDJPY (left chart, 1H): The pair has carved out a sharp V-shaped reversal after its Fed-driven dip, showing strong bullish momentum. This suggests buyers remain in control unless a reversal candle (such as a bearish engulfing) forms.
XAUUSD (right chart, 4H): Gold’s rally topped out near 3,707 before pulling back more than 600 pips to 3,646. The most recent candles show shorter bodies with upper wicks — a potential sign of fading momentum and supply pressure. If this develops into a bearish continuation pattern, the channel’s border becomes the next area of focus.
If the support is not broken, you can go long on gold#XAUUSD OANDA:XAUUSD
After breaking through the support level of 3635, gold quickly rebounded near 3627, but silver, which is also a precious metal, did not change much. It is obvious that the main funds are controlling the market behind the scenes. If the US market retests the support of 3635-3625 and does not break, you can consider going long on gold, with the short-term target at 3655-3670
Global Soft and Hard CommoditiesPart I: Understanding Commodities
What are Commodities?
A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Unlike branded consumer products, commodities are standardized and uniform. For example, one barrel of crude oil or one ounce of gold is equivalent to another barrel or ounce of the same grade.
Classification of Commodities
Soft Commodities: Agricultural goods like coffee, cocoa, sugar, cotton, wheat, and livestock.
Hard Commodities: Natural resources extracted or mined, such as crude oil, natural gas, gold, silver, iron ore, and copper.
Role in the Global Economy
Commodities are critical inputs for manufacturing, energy production, and food systems. Their prices impact inflation, trade balances, and even geopolitical relations.
Part II: Soft Commodities
Definition
Soft commodities are agricultural products that are grown rather than mined or extracted. They are often seasonal, perishable, and heavily influenced by weather, climate change, and agricultural practices.
Key Types of Soft Commodities
Coffee
Second most traded commodity after crude oil.
Grown primarily in Brazil, Vietnam, Colombia, and Ethiopia.
Prices influenced by climate conditions, pests, and consumer demand.
Cocoa
Foundation of the global chocolate industry.
Major producers: Ivory Coast, Ghana, Nigeria, and Indonesia.
Issues: child labor, sustainability concerns, and volatile weather.
Sugar
Used in food, beverages, and increasingly in biofuels (ethanol).
Key producers: Brazil, India, Thailand.
Market linked to energy and oil prices due to ethanol blending policies.
Cotton
Critical for textiles and fashion industries.
Producers: China, India, USA, Pakistan.
Prices tied to global apparel demand and trade policies.
Grains (Wheat, Corn, Rice, Soybeans)
Staples of global food security.
Wheat: Russia, USA, Canada, Australia.
Corn: USA, Brazil, Argentina.
Rice: India, Thailand, Vietnam, China.
Soybeans: USA, Brazil, Argentina.
Livestock
Includes cattle, hogs, and poultry.
Prices affected by feed costs, disease outbreaks, and consumer demand.
Factors Influencing Soft Commodity Prices
Weather & Climate Change: Droughts, floods, and changing rainfall patterns directly impact crop yields.
Supply Chain Disruptions: Transportation bottlenecks and labor shortages.
Geopolitics: Export bans, tariffs, and trade wars.
Consumer Trends: Rising demand for plant-based proteins or organic food.
Currency Movements: Since commodities are traded in USD, fluctuations affect competitiveness.
Soft Commodities in Global Trade
Developing economies often rely heavily on agricultural exports for foreign exchange.
Commodity-dependent nations face “Dutch disease” risks when overreliant on one soft commodity.
Agricultural commodity markets are also deeply tied to humanitarian concerns such as hunger and malnutrition.
Part III: Hard Commodities
Definition
Hard commodities are natural resources that are mined, drilled, or extracted from the earth. They are non-renewable (in most cases) and form the backbone of industrialization, infrastructure, and energy supply.
Key Types of Hard Commodities
Energy Commodities
Crude Oil: Most traded and geopolitically sensitive commodity.
Major producers: Saudi Arabia, USA, Russia, Iraq.
Prices shaped by OPEC+, global demand, and supply shocks.
Natural Gas: Critical for heating, power generation, and LNG trade.
Producers: USA, Russia, Qatar.
Coal: Still vital for power but under pressure due to green energy transition.
Precious Metals
Gold: Safe-haven asset, used in jewelry and central bank reserves.
Silver: Industrial applications in electronics and solar panels.
Platinum & Palladium: Used in automotive catalytic converters.
Industrial Metals
Copper: “Dr. Copper,” a barometer of global economic health.
Aluminum: Lightweight metal for aerospace and packaging.
Iron Ore & Steel: Core materials for construction and manufacturing.
Lithium, Cobalt, Nickel: Crucial for EV batteries and clean energy.
Factors Influencing Hard Commodity Prices
Global Economic Growth: Demand rises with industrial expansion.
Geopolitical Tensions: Wars, sanctions, and resource nationalism.
Technological Shifts: EV boom increasing demand for lithium and cobalt.
OPEC & Cartels: Supply management and price stability.
Green Transition: Renewable energy policies reshape fossil fuel demand.
Hard Commodities in Global Trade
Resource-rich nations like Australia (iron ore, coal), Saudi Arabia (oil), and Chile (copper, lithium) dominate export markets.
Import-dependent nations such as Japan, India, and much of Europe face trade vulnerabilities.
Hard commodities often define geopolitical alliances and conflicts.
Part IV: Global Commodity Markets and Exchanges
Chicago Board of Trade (CBOT) – Major agricultural futures exchange.
New York Mercantile Exchange (NYMEX) – Oil, gas, and metals trading.
London Metal Exchange (LME) – Key for industrial metals.
Intercontinental Exchange (ICE) – Coffee, sugar, cotton, energy.
These markets allow hedging, speculation, and price discovery, ensuring liquidity and risk management for producers and consumers alike.
Part V: The Role of Commodities in Financial Markets
Inflation Hedge: Hard commodities like gold protect against inflation.
Portfolio Diversification: Commodity ETFs and futures offer non-correlated returns.
Speculation: Traders bet on future price movements.
Hedging: Farmers, miners, and airlines use futures contracts to stabilize costs.
Part VI: Challenges and Risks
Climate Change: Threatens crop yields and water supply.
Geopolitical Conflicts: Disrupt oil, gas, and grain supplies.
Sustainability: Ethical sourcing and ESG (Environmental, Social, Governance) pressures.
Market Volatility: Currency fluctuations and speculative bubbles.
Technological Disruptions: Artificial meat, renewable energy, and substitutes.
Part VII: Future of Global Commodities
Energy Transition: Shift from fossil fuels to renewables and green metals.
Digitalization: Blockchain for supply chain transparency.
Changing Diets: Rising demand for plant proteins and sustainable agriculture.
Urbanization: Infrastructure boom boosting demand for steel, copper, and cement.
Climate-Resilient Crops: Biotechnology reshaping soft commodity production.
Conclusion
Global soft and hard commodities represent the lifeblood of the world economy. From the coffee in our cups to the oil fueling our cars and the copper wiring our homes, commodities drive industrialization, trade, and consumer lifestyles.
While soft commodities tie closely to agriculture, weather, and food security, hard commodities are linked to energy, infrastructure, and industrial progress. Both categories face challenges such as climate change, geopolitical tensions, and sustainability concerns.
In the future, the interplay between technological innovation, green energy transition, and global demand shifts will redefine how these commodities are produced, traded, and consumed. Understanding their dynamics is not only essential for investors and policymakers but also for every individual whose daily life depends on these fundamental resources.
FED slows down: Cuts 25bps, gold stays flat🟡 XAU/USD – 18/09 | Captain Vincent ⚓
🔎 Captain’s Log – News Context
FED : Cut rates by 25bps as expected, hinted at 2 more cuts this year → initially supported Gold to rebound around 3,65x.
Powell turned hawkish :
• “No need to move quickly on rate cuts.”
• “Today’s cut is mainly risk-management.”
This message signaled that the FED is not fully opening the easing door → Gold fluctuated and stalled its upside momentum.
Tonight: Awaiting Jobless Claims & Philly Fed for more clarity on the FED’s path.
⏩ Captain’s Summary
Gold is supported by the rate cut, but Powell’s “braking” caused volatility.
Zone 3,663 – 3,665 has become the pivot support to determine the next move.
📈 Captain’s Chart – Technical Analysis
Storm Breaker (Resistance / Sell Zone)
3,684 – 3,686 (strong OB)
3,717 – 3,719 (ATH Zone – very strong, likely heavy selling)
Golden Harbor (Support / Buy Zone)
Pivot Dock: 3,663 – 3,665 (new pivot support)
Main Harbor: 3,629 – 3,630 (BoS confluence & old sideway)
Market Structure
After breakout and profit-taking, Gold returned to test support.
3,663 – 3,665 : pivot support.
• If it holds → rebound to 3,684 – 3,717.
• If it breaks → deeper correction to 3,629.
🎯 Captain’s Map – Trade Plan
✅ Buy (priority)
Buy Zone 1
Entry: 3,663 – 3,665
SL: 3,655
TP: 3,684 – 3,717
Buy Zone 2
Entry: 3,629 – 3,630
SL: 3,618
TP: 3,663 – 3,684 – 3,717
⚡ Sell (only at resistance)
Sell Zone OB
Entry: 3,684 – 3,686
SL: 3,695
TP: 3,665 – 3,645
Sell Zone ATH
Entry: 3,717 – 3,719
SL: 3,727
TP: 3,706 – 3,690 – 3,675
⚓ Captain’s Note
“The Golden sails caught wind as the FED cut rates, but Powell’s headwind slowed the advance. Golden Harbor 🏝️ (3,663 – 3,629) is the pivot dock to decide the next course. If it holds, the ship may rebound to test Storm Breaker 🌊 (3,684 – 3,719) . If it breaks, the ship will retreat deeper to gather strength. For now, Quick Boarding 🚤 should only be done at strong resistance, while the larger voyage still leans northward.”
Natural Gas Bearish News TodayNatural Gas crumbled off the inventory report this morning.
Natural gas inventories came in at 90B vs 80B consensus.
This larger than expected build shows a weaker demand for Nat Gas during this seasonal period.
Key things to consider:
1. EU moves to accelerate ban on Russian LNG.
2. New Israel–Egypt pipeline coming online
3. China continues to import from Arctic LNG‑2 despite sanctions
4. Japan’s JERA in talks to buy U.S. shale gas assets
5. Gas storage in Germany & winter supply concerns
6. Western Canada storage nearly full; supply glut
7. Canadian production at record levels, but prices very low
3620 Fortress or 3680 Trap?Hello traders, today gold is caught in a fascinating battle between defense and deception. The higher timeframes still lean bullish, but intraday cracks are showing, and price is now dancing between major walls of liquidity. Let’s map it out step by step 👇
On the Daily chart, momentum is still supported by EMA5 above EMA21, yet the rejection wick from the Premium Supply Wall (3665–3680) signals exhaustion. On H4, a minor CHoCH under 3650 put us in a range between this supply wall above and the Mid-Range Support (3620–3630) below. Meanwhile, H1 shows the swing high at 3670 breaking down into 3640, with the Supply Trap (3660–3665) capping upside and the Defensive Buy Base (3610–3620) holding the floor.
So what’s the play?
🟦 On the buy side, bulls will look to defend the 3620 Fortress, where OB + FVG + EMA100 meet. If that holds, price could rebound back toward the supply zones above. If it doesn’t, the road opens into the Deep Discount Stronghold (3580–3565), a last-resort H4 demand zone.
🟥 On the sell side, the Supply Trap (3660–3665) is already proving dangerous. Any strong rejection here can drive us lower. And above it, the Premium Supply Wall (3680–3695) remains the ultimate liquidity zone – either a breakout or a deadly trap for late buyers.
But the real key lies in the Decision Zone (3645–3655). This is the battlefield pivot: hold above it, and bulls regain momentum into 3665–3680; stay below, and sellers tighten their grip, driving gold into deeper discount.
👉 In short:
Above 3645–3655 → bulls can fight for higher ground.
Below 3645–3655 → the path opens toward 3620 and 3580.
🔥 Gold is standing between the 3620 Fortress, the 3645 Decision Zone, and the 3680 Trap. Which wall breaks first? Will bulls defend or are we about to dive into discount?
Drop your thoughts below 👇, smash like & follow GoldFxMinds for daily sniper maps, and let’s keep staying two steps ahead of the market 🚀✨
US100 Key Levels & Trend OutlookUS100 Update
We use advanced data that counts the start of the cycle and all important key levels.
On the low time frame, Nasdaq is consolidating just above the 24,516 – 24,488 support zone, which now acts as the key base for continuation.
Key levels:
24,516 – 24,488 → critical short-term support. Holding above confirms continuation of the uptrend.
24,603+ → current resistance. A clean breakout and hold above this level would extend bullish momentum and push toward new highs.
Downside risk: If price breaks back below 24,488, the next support sits around 24,158. A deeper breakdown from there could open a correction toward 23,404.
Cycle support: 19,407 is the major cycle uptrend level. Nasdaq must stay above this to keep the long-term bullish structure intact.
📌 Summary
Above 24,516 – 24,488 → bullish continuation in play.
Break & hold above 24,603 → signals further upside.
Below 24,488 → correction risk, first support at 24,158, then 23,404.
19,407 → cycle-level support for the long-term trend.
YOU MAY LIVE TO SEE MANMADE HORRORS BEYOND YOUR COMPREHENSION :)"Beyond Technical Analysis" aka "Wave Analysis > Shingo Waves"
Some very notable calls in recent years:
SPREADEX:NIKKEI and TVC:DJI both to 40k (over 1y in advance)
CRYPTOCAP:BTC pico bottom at 15k and recent local top at 70k
FX:EURUSD pico bottom & TVC:DXY pico top at 115
TVC:USOIL pico bottom at 68
NASDAQ:SMCI mega breakout at 100
NASDAQ:NVDA mega support at 120
NASDAQ:TSLA pico bottom at 105
NASDAQ:NFLX pico bottom at 165
I've also absolutely NAILED _both_ OANDA:XAUUSD and OANDA:XAGUSD breakouts in their entirety (@ see history)
XAU/USD UpdateXAU/USD Update
We use advanced data that counts the start of the cycle and all important key levels.
On the low time frame, Gold is showing strength after reclaiming the 3,664 – 3,657 zone, turning it into a support.
Key levels:
3,664 – 3,657 → support zone. Holding above this confirms continuation of the uptrend.
3,684 → current resistance being tested. A breakout above this level would confirm bullish momentum and open the way for a move toward higher targets (3,720+).
As long as price stays above the support, Gold remains bullish in structure.
Risk scenario: If price falls back below 3,657, downside pressure may return, with 3,463 as the next major support.
Cycle support: 3,267 is a critical long-term level. Gold must hold this area to maintain the broader green cycle trend.
📌 Summary
Above 3,664 – 3,657 → bullish continuation confirmed.
Break above 3,684 → opens further upside targets.
Below 3,657 → downside risk increases, watch 3,463 as key support.
3,267 → major cycle support for long-term trend.
Copper – Gearing Up for Higher LevelsAs long as Copper continues to hold above the $4.00 handle, the structure favors continuation to the upside. A clean break of $5.00 sets the stage for a strong bullish leg, with medium-term targets around $7.40 and, eventually, the possibility of Copper extending into double digits above $10.
> Key Levels:
Major support: $4.00 – $4.20 zone
Resistance / breakout level: $5.00
TP1: $7.39
TP2: $11.04
Beyond the chart, the future demand outlook for Copper remains extremely strong. With accelerating trends in electrification, renewable energy, EV adoption, and global infrastructure expansion, Copper is set to play a critical role in the next decade. This positions the metal as not just a strong technical play, but also a strategic long-term investment.
TL;DR
Copper is building momentum technically, while future demand drivers add strong tailwinds. Above $5, the path toward $7+ and potentially $10+ becomes increasingly realistic.
USOIL: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse USOIL together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 62.657 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
Gold Forecast: Liquidity Zones Mapped | Bullish or Bearish ReverGoldRush_Traders institutional forecast.
Price closed at 3684.975, compressing under ATH (3707).
Stacked supply zones remain valid between 3707 and 3686 — each serving a different purpose: sweep trap, blow-off top risk, and rejection base.
🔺**Bullish Path:**
• Hold 3665–3672 or sweep 3638
• Break above 3695 → 3707
• Clean ATH break = 3720–3732 possible
🔻 **Bearish Path:**
• Fail at 3686–3700 zone
• Drop to 3665 → 3638
• Break of 3628 = opens flush to 3605 or 3582
⚠️ Zones are stacked with no gaps — each has distinct algorithmic purpose.
This is a **provisional forecast** pending any weekend news shifts.
🔱 Liquidity-based | ICT/SMC inspired
PLATINUM | STRONG BUY - PGM Metal Run Moving Average: Blue above Red
Fib Retracement: 38.2 reached
MACD > 0
Support : Finding additional confluence, bouncing off a moving average.
1st Target = 1464
2nd Target = 1581
3rd Target = 1732
Lots: 0.1 (Plan to pyramid into this one)
Entry: 1414
SL: 1340
INSIGHTS: Fed has officially made it first rate cut of 0.25 this week. Stock markets continue to run on American optimism. When the streak runs out of steam and the economy slows at a quicker rate. Money flow into hard assets and precious metals.
SILVER: Market Sentiment & Price Action
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the SILVER pair which is likely to be pushed down by the bears so we will sell!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
Gold's Next Move: Is a Breakout Imminent?Looking at the XAUUSD chart, I’m finding it quite fascinating.
Here’s the situation: XAUUSD is moving within an upward parallel channel, respecting the market structure perfectly, and we’re starting to see early signs of renewed buying interest right after a strong rejection from the support zone.
Currently, price is trading near a key resistance zone, and this is where the market gets interesting. At this resistance zone, there's a high likelihood of a short-term correction within the price channel. If price holds within the channel, the uptrend could continue, and the upper channel boundary might even be broken, extending the upward momentum further.
I’m targeting the upper boundary of the channel, and given the market context, this is entirely possible.
Keep in mind that, in a channel like this, trading with the trend is generally more favorable than fighting against it. Until the channel is broken, the bulls are still in control.
Do you agree? Feel free to share your thoughts in the comments below!
USOIL (WTI Crude Oil) Intraday & Swing Outlook🛢️ USOIL (WTI Crude Oil) Forecast – Intraday & Swing Outlook 🚀📉
Asset Class: USOIL (SPOTCRUDE / WTI CASH)
Last Closing Price: $62.796
Date/Time: 20th Sept 2025 – 12:50 AM UTC+4
🔍 Market Context
Crude oil remains in a volatile zone as macro factors like OPEC+ policy, global demand recovery, and geopolitical risks continue to steer momentum. Traders must prepare for short squeezes, traps, and breakout plays this week.
📊 Technical Overview
Chart Theories Applied:
📈 Elliott Waves – corrective Phase B nearing end.
🔄 Wyckoff – signs of re-accumulation spotted.
🔺 Head & Shoulders (Inverse) – potential bullish reversal.
🔮 Gann Angles & Time Cycle – short-term resistance clustering near $64.50.
🛠️ Indicators
🔵 RSI (H1) → Neutral zone (48–52).
📏 VWAP Anchored → $62.20 (support pivot).
📉 EMA 20 / EMA 50 → Bullish cross on H4 confirmed.
🎯 Bollinger Bands → Expansion phase → Expect high volatility.
🕒 Timeframe Strategies
📌 Intraday (5M / 15M / 1H / 4H)
Buy Entry (Scalp): $62.20 – $62.50 🟢
TP1: $63.20 🎯
TP2: $63.85 🎯
SL: $61.80 ❌
Sell Entry (Scalp): $63.80 – $64.20 🔴
TP1: $63.00 🎯
TP2: $62.40 🎯
SL: $64.70 ❌
📌 Swing (Daily / Weekly)
Buy Zone: $61.50 – $62.00 🟢
Targets: $65.20 / $67.40 / $70.00 🎯
Stop Loss: $60.50 ❌
Sell Zone (Rejection): $67.40 – $68.00 🔴
Targets: $64.50 / $62.20 🎯
Stop Loss: $68.80 ❌
⚠️ Risk Management
Volatility expected due to Fed rate guidance & OPEC+ commentary.
Stick to 2–3% capital risk per trade.
Watch for bull/bear traps near breakout zones.
📌 Summary
Intraday: Range $62.20 – $64.20 ⚖️
Swing: Upside bias if $61.50 holds strong 💹
Key Resistance: $64.50 / $67.40
Key Support: $61.50 / $60.50
🔥 Bias: Short-term sideways → Medium-term bullish above $61.50.
For individuals seeking to enhance their trading abilities based on the analyses provided, I recommend exploring the mentoring program offered by Shunya Trade. (Website: shunya dot trade)
I would appreciate your feedback on this analysis, as it will serve as a valuable resource for future endeavors.
Sincerely,
Shunya.Trade
Website: shunya dot trade