XAUUSD 19/06 - Tactical Rebound or Deeper Breakdown?Gold is exhibiting initial deceleration signs on the H1 timeframe as price action stabilizes directly inside a critical unmitigated FVG demand horizon
Following a relentless downward markdown phase that cleared local support barriers the immediate market structure is generating a counter trend reaction wave seeking to rebalance sharp internal inefficiencies left behind on the charts
Global Context
The broader financial spectrum continues to navigate intense structural volatility driving rapid capital relocations between the US Dollar and safe haven assets ahead of major macro updates
Smart money is utilizing this deep discount pricing zone to trigger a tactical relief rally engineered to trap overeager breakout sellers at the absolute structural bottom
This temporary upward path behaves like a standard liquidity engineering mechanism designed to pull the asset back into the 4215 4240 flipped liquidity resistance block to capture fresh buy side stops before the primary bear market flow reasserts dominance
Technical Playbook
The Bias Short Term Bullish Pullback / Medium Term Bearish Continuation we are strictly focused on tracking this zig zag recovery vector toward flipped overhead structures
The Main Zones our tactical attention is locked directly on the 4100 4120 FVG demand floor and the 4215 4240 flipped liquidity resistance horizon
The Target Path following the blue directional markers price action is projected to bounce from the current FVG support and advance toward the liquidity matrix before triggering a heavy rejection vector
Invalidation the entire corrective pullback framework is instantly invalidated if the market registers a sustained H1 candle close below 4095
Dailysignals
Rejection or Bullish Trap?Hey Trader!!
Gold is exhibiting intense localized compression strength on the H1 timeframe, driving higher within an ascending corrective channel. However, as price approaches local overhead liquidity pools, it is directly colliding with a dynamic trend resistance array where early buying momentum is beginning to stall.
Global Context :
The broader financial spectrum continues to experience sharp volatility spikes due to macroeconomic uncertainties, triggering immediate capital shifts between safe-haven assets and the US Dollar. Smart money is utilizing this structural compression to engineer liquidity on both sides of the market. The current overhead rejection behaves like a tactical trap to shake out premature breakout buyers, driving the asset down to tap an optimal institutional discount zone before fueling a sustained rally.
Technical Playbook :
The Bias : Short-Term Corrective Pullback / Medium-Term Impulsive Expansion. We are tracking a local rejection before seeking structural demand validation.
The Main Zones : Our primary demand focus is locked on the $4,435 - $4,445 Order Block (POI). Meanwhile, the ultimate overhead objective rests at the $4,530 - $4,540 Rejection Block.
The Target : Following the projected structural pathways, an immediate rejection targets $4,440, while a clean demand reversal from that POI aims back at $4,480 and ultimately extends to the $4,530 premium target.
Invalidation : The entire bullish continuation framework is completely invalidated if the market registers a sustained H1 candle close below $4,425.
Gold Holding the Line: Reversal Building on H1?Hey Trader!!
- Gold (XAU/USD) is constructing a highly technical higher-low baseline on the H1 timeframe, interacting cleanly with a prominent dynamic trendline. Despite recent selling pressure that forced a local structural breakdown, institutional buy responses are becoming highly evident as price mitigates these deep discount layers.
- Global Context :
The broader macroeconomic backdrop remains highly sensitive as market participants recalibrate their expectations following last week's central bank updates. While elevated Treasury yields continue to support a firm US Dollar index, underlying safe-haven bid streams remain fully intact due to lingering geopolitical instabilities. Smart Money appears to be actively defending these higher technical structural floors during lower-volatility sessions, establishing a strategic launching pad. A steady rotation back into bullion is expected once the current macro data-docking cycle triggers a short-covering squeeze.
- Technical Playbook :
- The Bias : Bullish Continuation. The broader dynamic structure remains intact as long as price treats the ascending dynamic baseline as a definitive floor.
- The Main Zone : Our primary tactical area is focused right between $4,525 - $4,535, capturing the confluence where the dynamic TrendLine meets the historical flipped key resistance level.
- The Target : Following our white structural blueprint, the initial upside objective is a swift retest and fill of the FVG box at $4,555. A sustained breakout past this imbalance area will clear the path for an expansion into the overhead institutional Order Block at $4,570.
- Invalidation : The bullish reversal framework is entirely invalidated if we register a sustained H1 candle close below $4,515, which would confirm a breakdown of both the dynamic trendline and structural support.
NAS100 Sits at Key LevelPrice is sitting right on top of major support. This level has been holding up nicely before, and it's also a strong psychological round number, which means buyers naturally defend it harder.
This is where buyers stepped in aggressively the last time. And where reactions tend to be violent.
This is the market literally waiting for a catalyst.
And here’s the important part:
If buyers manage to hold this zone?
We could easily see price pushing back toward 24,750.
BUT…If this support gives way…Then everything changes.
A breakdown here would invalidate the bullish structure entirely and starts a larger bearish move. When a level this strong breaks, it usually drops hard and strong.
So right now, the market is at a crossroads.
A clean break + retest below this level would confirm it.
In short:
👉 Hold the zone → bullish push toward 24,750
👉 Lose the zone → strong bearish continuation
Gold’s Next Move is Loading…Gold finally broke out of the sideways range after a period of consolidation.
Momentum is slowly shifting to the upside again.
From here, I expect a minor pullback into the broken range to retest it as new support, followed by a continuation higher towards around 4,150.
Waiting for a pullback here is absolutely recommended before getting in.
CHFJPY Continuation SetupPrice is moving within a clear downtrend.
After a strong impulsive drop, we can see a minor pullback, where buyers are trying to fight back.
Notice the size of the candles. This retracement looks more like a pause within a trend, not a reversal. As long as price remains below the pullback high, the bearish momentum stays intact.
If sellers step in again, we could see continuation toward the 188.750 target zone, completing another leg of the trend.
Copper can drop more lowerFirst, we can see the market forming a clear double top, buyers tried twice to push higher, but both attempts failed at the same level.
That’s the first warning sign of buyer exhaustion.
Then, sellers stepped in hard, breaking the neckline with strong bearish momentum.
Volume picked up on the drop, confirming conviction behind the move.
After that, price pulled back for a retest of the neckline, forming a small rounded top right, showing that buyers are no longer confident, and sellers are waiting to get in.
I’m expecting continuation lower, aiming for the next key demand zone below.
CADCHF Channel Rise in Motion: Buyers Target 0.5790CadChf price has been moving cleanly inside this rising channel, showing strong bullish structure with consistent higher highs and higher lows.
Buyers are now testing the resistance zone and momentum remains in their favor.
I expect a continuation toward 0.57900, the next projected level near the top of the channel.
As long as the structure holds above the midline of the channel, buyers remain in control, driving the next leg of the uptrend.
AUDJPY: Can continue higherPrice was in a strong uptrend, pushing higher with conviction. After that impulsive move, momentum slowed and price consolidated into a flag pattern, where sellers tried to push lower but could not break the broader bullish structure. Buyers then stepped back in and broke the flag with strength, signaling continuation of the dominant trend.
If price holds firm it's likely to drive the next leg toward the previous highs and beyond, around 99.290.
EURAUD Triple Bottom SpottedPrice on EURAUD has been in a strong downtrend, pressing lower with sellers in control.
But notice what happens at this level.
Price tests it once… bounces.
Comes back again…
And then a third time, buyers defend the level once more.
That’s a clear Triple Bottom, a strong sign that sellers are losing strength, while buyers are building momentum.
Now look at this: the real confirmation came when price broke above the neckline, the resistance that connects the swing highs between the three bottoms.
That breakout tells us the shift is real! Strong and clean.
And now he market drives higher.
This is the Triple Bottom: a classic reversal pattern that often signals the end of a bearish trend.
Gold in Focus: Pullback Sets Stage for Next MoveGOLD has been moving within a rising parallel channel. And recently price just pulled back sharply from the channel’s top and touched the lower boundary, where it was strongly rejected. That rejection wick indicates that buyers stepped in already.
If momentum picks up again, the channel top could even break and extend the rally further. I would target the top of the channel, taking into account the market context, it's achievable.
The risk, however, comes if price closes strongly below the channel’s lower boundary. In that case, the bullish structure breaks and the move could start downwards short term.
GOLD Overview: Rose sharply and broke important resistanceIf we zoom out and take a look at how the price moved on GOLD, we can see the following:
The price repeatedly tested the area of resistance while setting consecutively higher lows.
The highs around the resistance price formed a horizontal line. Then, it recently broke it with strength.
This forms a confirmed ascending triangle.
Ascending triangles form due to accumulation in an uptrend. There isn’t enough bullish momentum to break through the area of resistance, but bulls are buying up on each dip.
But this important resistance just got broken.
This recent bullish breakout above the resistance area, meant the completion of a bigger ascending triangle pattern.
Now this is good news. Why?
Because if we measure the distance between the resistance area and the lowest low at the start of the pattern and add that to the resistance zone, to calculate the profit target, it means that we can see quite a move to the upside.
So we could look for a break-and-retest right here.
BUT, when a breakout like this one fails, either initiating a reversal or more sideways move, then we can see a correction and caution is advised.
NAS100 falls slightly but conditions are still bullish!NAS100 climbed in a steep ascending trend and my expectation is for a continuation, with an upside target at around 24,000.
It is still clearly moving inside the channel, as predicted previously in my idea:
At 24.000 is where it can become a decision point, where price might correct again, or it pushes more and that’s when we might see the move start to gain more momentum.
But if price breaks below the trendline with conviction, it would invalidate the bullish scenario, suggesting that the uptrend may pause or could even reverse short-term.
GBPNZD: We could see a rejection at resistance once moreGBPNZD is range bound currently, and this latest moves continues the narrative of it. Right now, it's approaching a major resistance, where each touch here has showed good rejection.
My target would be toward 2.25230, an achievable target.
Though a scenario for more upside is possible and can happen just as much. But, I would take the side for more downside in this particular case.
Let me know in the comments what you think:
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CADJPY: Moving in a clear rising channelCADJPY is currently respecting a well-defined rising channel structure, with price reacting cleanly to both the upper and lower bounds of the channel.
After a sharp correction, price has once again tapped the lower trendline support, a level that has triggered bullish reversals, and is now showing early bullish signs.
This bounce suggests the market is preparing for another leg up, with 108.600 marked as a key target near the midline of the channel, which often acts as dynamic resistance in trending conditions.
GBPUSD: Overextended move meets with supportAfter a steep and aggressive sell-off, price has tapped into a clear zone. This recent move wasn't gradual: it was impulsive and sharp, which tells us one key thing: exhaustion is likely.
The overextension into it without any meaningful pullback typically highlights imbalance, where price moves ahead of structure and becomes vulnerable to correction. But price doesn’t move in straight lines forever. Markets that fall too quickly tend to burn out just as fast. When such aggressive pushes meet with a clean, resistance like this one, they often trigger the exact opposite, a snapback correction.
I am now watching for signs of absorption and accumulation. This could play out in the form of sideways candles, wick rejections, or a sudden reversal spike. These are early signs that smart money might be stepping in.
My projected target would be toward the 1.33700 area, from the last impulsive drop. It’s a classic mean reversion setup, not just technical but psychological. Traders who chased the move late may find themselves trapped, fueling the correction as they’re forced to exit.
USDCAD bounced from Support and can continue higherLooking at the chart and the overall structure, I think we can favor the continuation setup with a emphasis on price action at key zones, particularly when price breaks out then can revisit this structure for a retest.
This bounce off support has been accomplished in my previous analysis:
Here, if price breaks with strength and dips back into the area and holds with bullish confirmation (likely a wick rejection or bullish engulfing on lower timeframes), that would be the cue to get in.
I am projecting the next target to 1.38600 that makes sense as a logical level for trend continuation and that I find achievable.
EURJPY: Overextended move to meet daily resistanceThe current market context on EURJPY shows an overextended move that has been pushing higher as price is about to reach a well-established daily resistance. The rally into this resistance lacks healthy retracements, and momentum is likely unsustainable without a deeper correction. The probability of a pause or reversal here under this circumstances increases substantially.
This extension exaggerates this imbalance making it a high probability setup. Volume and price action near this level becomes critical in this case. Signs such as long upper wicks, bearish engulfing patterns will hint that the move may be running out of steam.
I would be targeting a decent pullback towards 170.700.
Just sharing my thoughts for the charts, this isn’t financial advice. Always confirm your setups and manage your risk properly.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CAD/CHF: Break, Retest and Go?The market is in a strong downtrend, moving inside a visible steep channel. Price recently pulled back into a previous support-turned-resistance zone. This move appears corrective in nature, with sellers likely waiting for signs of exhaustion before re-entering in the direction of the existing trend.
Now price is reacting to the resistance zone and rejecting further upside, suggesting potential continuation lower. Ideally if price retests without closing significantly above it and forms bearish price action confirmation, it would provide a high-probability short setup: pin bars or bearish engulfing candlesticks right at retest level would help confirm the signal.
From there, continuation toward the middle of the channel becomes likely. The target projection sits near the 0.57300 level. If price fails to break lower and instead closes above the resistance zone, the setup becomes invalid and would indicate potential reversal.
In short, sellers are watching for a break and retest, aiming to ride the move down to target of near 0.57300. The downtrend would be maintained as long as price respects the current resistance and shows more signs of bearish strength.
Just sharing my thoughts for the charts, this isn’t financial advice. Always confirm your setups and manage your risk properly.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURCAD at key resistance: Will price rebound to 1.5215?The price is currently at a strong resistance level, where it has struggled to break through and reversed sharply to the downside before. This makes the area particularly important to monitor, especially for traders considering potential short setups.
If we begin to see signs of rejection at this level, such as long upper wicks, bearish candlestick patterns, or a clear loss of buying momentum, we could see a move down toward the 1.5215 level . In this particular context I am targeting a very achievable bounce. But if price cleanly breaks out, that would rule out the bearish outlook and suggest even further upside will follow.
This area is pretty important and could give us a better idea of where price is headed.
Just sharing my thoughts on support and resistance, this isn’t financial advice. Always confirm your setups and manage your risk properly.
Netflix Skyrockets After Q1 Revenue Surge: What’s Next?📺 NASDAQ:NFLX has recently exhibited a strong bullish trend, supported by both technical breakout structure and positive fundamental developments. After an extended rally from the March lows, the stock managed to break above a key resistance zone between $1,080 and $1,100, it has now been decisively cleared. With this breakout, the structure confirms bullish momentum, and the expectation is for a retest of this newly formed support area before resuming the uptrend.
The price is currently around $1,133, and a pullback into the $1,060–$1,080 zone would present a high-probability buy opportunity. This aligns with classic price action behavior: after a breakout, markets often retrace to test former resistance, now turned support. If we see it retest, it would validate the technical setup for a continuation move toward the projected target of $1,220.
🌟From a fundamental perspective, the recent Q1 earnings report (released on April 17, 2025) added strong fuel to the upside momentum. Netflix reported $10.54 billion in revenue for the quarter, exceeding Wall Street’s expectations and representing a 13% year-over-year growth. Net income also impressed, coming in at $2.9 billion. Perhaps more telling than the earnings themselves was Netflix’s decision to stop reporting quarterly subscriber numbers. This shift in focus toward profitability and revenue per user signals confidence in their monetization model and emphasizes a transition to a more mature phase of growth. Management’s tone on the earnings call adds to all this, citing growing traction in its ad-supported tier and plans to expand into live sports and podcast-style content.
💰Technically, the overall structure remains bullish. The breakout is clean, and volume is supportive. The area above $1,140 has low volume resistance, which means price can move relatively easily toward the next psychological barrier at $1,220. Any deeper pullback that breaches below $1,020 would invalidate the short-term bullish bias, as it would signal a failure to hold above former resistance and could mean the start of a deeper correction toward the trendline support from last October.
🚀 In conclusion, the current market behavior suggests Netflix is in the process of forming a bullish continuation, supported by a clean breakout above prior resistance, robust financial performance, and an optimistic revenue outlook.
Price is likely to retest the breakout zone, offering a potential long setup anticipating a move higher if momentum remains strong. The technical picture is backed by future growth plans, making Netflix a stock to watch closely in the coming weeks for confirmation of the pullback and continuation.
US DOLLAR at Key Support: Will Price Rebound to 103.000TVC:DXY is currently approaching an important support zone, an area where the price has previously shown bullish reactions. This level aligns closely with the psychological $100 , which tends to have strong market attention.
The recent momentum suggests that buyers could step in and drive the price higher. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would increase the probability of a bounce from this level. If I'm right and buyers regain control, the price could move toward the 103.00 level.
However, a breakout below this support would invalidate the bullish outlook, potentially leading to more even more downside.
This is not financial advice!






















