Gold Keeps Searching for New HighsHello everyone, what are your thoughts on OANDA:XAUUSD ?
Gold continues to surprise us one move after another. As the new week opened, the precious metal recorded a historic breakout, trading near the $3,500 level amid ongoing global economic turbulence.
From a technical perspective, XAUUSD maintains a solid bullish structure, breaking past key resistance levels. The EMA 34 and 89 both confirm that there is still plenty of room for further upside. This rally not only reflects the market’s “gold hunting” sentiment but also opens major opportunities for traders who can catch the right wave.
So, how should we trade? At this sensitive stage, buyers may find it difficult to identify an ideal entry point. For sellers, no new top has yet been confirmed. That’s why it may be safer to wait for clearer signals—whether gold sets a new high or establishes fresh support. For short-term traders, make sure you set both SL and TP with a ratio of 1:1 or 1:2.
In addition, there are several news events this week and in the near future that could further impact gold’s trend. I’ll cover these in upcoming analyses, so stay tuned.
And you—what do you think about XAUUSD’s direction? Leave a like if you agree with my view, and drop a comment if you’d like to share your thoughts.
Good luck!
Exponential Moving Average (EMA)
Gold Surges Above Expectations, Reaches 5-Week Highs!👋Hello everyone, let’s take a look at OANDA:XAUUSD !
📍Gold continues its impressive rally, even surpassing our previous expectations and reaching the highest levels in 5 weeks. Currently, the bullish momentum is intact, trading around $3412 and surpassing the key psychological level of $3400, gaining over 300 pips from the previous session.
The recent surge in gold is largely driven by concerns over the Fed. Pressure from Trump is fueling speculation that the central bank could cut rates faster and keep them low for a longer period. The CME FedWatch tool shows that investors now expect an 87% chance of a rate cut in September, which is beneficial for gold prices.
📈From a technical perspective: Gold has broken through the $3400 level and closed clearly above the resistance, turning it into new support. The EMA 34 and 89 still favor the bulls, and our strategy will prioritize selling at the top and continuing to buy as long as support holds. The target for the strategy is $3430–3433 USD (D1 resistance).
What do you think💬? How will gold move, and what will the price be at the close today?
✍️ Leave your thoughts in the comments!
XAUUSD Shines Bright: Safe-Haven Demand Lifts GoldHello everyone, what are your thoughts on OANDA:XAUUSD ?
Yesterday, XAUUSD continued its impressive recovery, with the precious metal trading as high as 3,393 USD and still holding around 3,387 at the time of writing.
This sharp rally from near 3,350 up to almost 3,400 is largely driven by the broad sell-off in the U.S. Dollar (USD) and weaker short-term U.S. Treasury yields. These factors boosted safe-haven demand for gold as investors shifted capital into the metal.
This week, the market will focus on the upcoming U.S. Personal Consumption Expenditures (PCE) report, due on August 29. As the Fed’s preferred inflation gauge, this data will be crucial in shaping expectations for potential Fed rate cuts, which could further influence gold’s direction.
I remain optimistic on gold’s outlook, with my analysis targeting resistance at 3,400 – 3,415 and support in the 3,350 – 3,360 zone. The short-term trend still favors the upside.
What do you think about XAUUSD? Share your view!
Trading Strategy: Sell or Buy?Hello, it’s great to see you again! Let’s take a look at OANDA:XAUUSD today.
By the end of the previous session, gold continued to gain strong upward momentum, with the precious metal climbing as high as $3,399. At the time of writing, the bullish drive remains intact, with price trading around $3,385.
The gold market is witnessing safe-haven demand amid rising concerns over the independence of the U.S. Federal Reserve, following recent harsh criticism of Fed Chair Jerome Powell by President Trump.
Currently, traders and investors are eagerly awaiting the PCE Price Index, set to be released on Friday. Personally, I expect this will be positive news for gold.
Technical outlook : The bullish momentum is strong and well-supported. However, price is approaching a critical resistance level at $3,400 while forming a wedge pattern. As the wedge narrows, a breakout becomes more likely. I expect a short-term pullback before the uptrend resumes.
What do you think about XAUUSD? Share your thoughts in the comments!
BTCUSD – Bearish Trend ? Hello traders! Let’s take a closer look at BITSTAMP:BTCUSD !
Recently, we’re seeing clear signs of a potential reversal after BTCUSD formed a double top pattern, and the EMA 34 and EMA 89 have crossed each other.
Breaking the support level around the previous key zone has strengthened the bearish momentum, potentially triggering a further decline towards the next support level near 103,500 USD.
However, I’m also watching for possible reversal signals at these support levels. If BTCUSD holds above 103,500 USD and forms a higher low, we may see the bulls make a comeback.
🔴 Key Levels to Watch:
Resistance: 114,000 USD
Support: 103,500 USD
EMA Crossover: Strong Bearish Signal
Stay alert and be ready for potential market shifts! Will the bulls step in at 103,500 USD? Or will the bears continue to dominate?
Let me know your thoughts and happy trading!
Latest Update on ETHUSDTHello, my wonderful friends! What are your thoughts on BINANCE:ETHUSDT ?
Recently, ETHUSDT has shown a strong correction after reaching a high of nearly 4,777 USD. From this point, ETH has slowed down and pulled back, but the key support level at 4,200 USD is holding up, helping the price bounce back in the short term.
We are seeing ETH trading above the EMA 34, with both EMA 34 and 89 acting as crucial dynamic support zones. If the price maintains stability above this support, the chance to push towards the 4,777 resistance level could open again.
My view is bullish. What about you? Do you think ETHUSDT will continue to break above 4,777, or will it struggle at this level? Feel free to share your thoughts!
BTCUSDT – Short-Term Opportunity?Hello everyone, glad to see you again! Let’s take a look at BINANCE:BTCUSDT .
Today, BTCUSDT is trading around 113,400 USDT, after multiple rebounds from the 112,550 USDT support zone. At the time of writing, the pair is once again testing this level. However, on the 1H timeframe, the price remains under pressure from the descending trendline and has not yet managed to break above it.
If the price continues to be rejected at the trendline, I expect a deeper move towards the 110,000 USDT zone or even lower support levels as shown on the chart.
It’s crucial to monitor how BTC reacts around the descending trendline and the key support area to identify potential opportunities.
Wishing you smooth and successful trades!
USDJPY Faces Limited Upside Amid Fed and BoJ SignalsThe FX:USDJPY pair edged higher after losing about 1% in the previous session and is now trading around 147.22. However, the upside momentum may be capped as the Japanese yen (JPY) could regain strength following hawkish comments from Bank of Japan Governor Kazuo Ueda at the Jackson Hole symposium on Saturday.
Additionally, USD/JPY may come under renewed pressure as the U.S. dollar (USD) faces challenges due to the increasing likelihood of a Fed rate cut in September, stemming from Fed Chair Jerome Powell’s dovish remarks at Jackson Hole on Friday.
From a technical perspective, USDJPY recently marked its decline with a sharp, vertical bearish candle. A retracement is currently underway, but sellers still hold the advantage as the EMA 34 and 89 have turned bearish, and the 0.5 – 0.618 Fibonacci retracement zone has yet to be broken.
Gold Declines Until the End of the SessionHello everyone, what do you think about the trend of OANDA:XAUUSD ?
Gold continues its downward trend into the close of the session, currently settling at 3,335 USD and moving near the final support zone . The precious metal remains under pressure as the US Producer Price Index (PPI) rose by 0.9% in July.
From a technical perspective, the recent news continues to act as a barrier for XAUUSD, with the price moving below both the EMA 34 and EMA 89 and being limited by the trendline.
The price wedge is pushing gold down towards lower price zones, and as mentioned, gold is now testing the final support level (in the short term). If this level continues to break, the next target for sellers could be the round level of 3,300 USD.
What do you think about the trend of XAUUSD? Leave your thoughts in the comments!
EURUSD – Eyes on the 1.177 Resistance for the Next Big MoveHello everyone, let’s talk about FX:EURUSD !
EURUSD is currently trading around 1.1660 after a steady recovery from multiple support levels, with the key support near 1.1557. The pair’s previous sharp decline started exactly at the 1.177 resistance level, making this zone a crucial reference point for traders in the coming sessions.
From a technical perspective, the market is showing short-term bullish momentum, supported by price holding above the moving averages. However, the 1.177 zone remains a strong resistance, where sellers previously regained control and triggered a significant drop.
If price climbs back into this area, it’s important to watch for potential rejection signals. A confirmed bearish reversal from 1.177 could present a great opportunity for those looking to sell.
What about you? What’s your view on EURUSD?
$AMD Swing Trade – Put Debit Spread Setup🔻 NASDAQ:AMD Swing Trade – Put Debit Spread Setup (Jul 18 Exp)
📅 Trade Opened: July 3, 2025
🛠 Strategy: Buy to Open (BTO) Put Debit Spread
📉 Strikes: $31 / $30 (Jul 18 Expiration)
💵 Cost (Premium Paid): $0.21
🎯 Trade Thesis
This setup aims to capture short-term downside in NASDAQ:AMD via a low-cost, defined-risk spread. The trade fits within my broader portfolio of OTM spreads under $0.25.
Key Drivers:
🔻 Semi sector under pressure – NASDAQ:AMD showing relative weakness.
📉 Breakdown below key support near $31 and rejection at VWAP.
🧾 Weak momentum – MACD trending down, RSI near 44.
🔄 Trade enters into earnings season volatility.
📊 Technical Setup (Daily)
EMA(4) < EMA(8) < EMA(15): Bearish structure fully intact.
VWAP: Price rejected from 30-day VWAP zone.
MACD/RSI: Momentum still fading, no signs of bullish divergence.
⏳ Strategy Notes
Max loss: $0.21
Max gain: $0.79
Risk/reward structured for a drop into or below $30
Expiration: July 18
🧠 Journal Note
Most of my trades are swing-based using OTM debit spreads with tight risk control. No same-day entries — setups must have defined technical compression and short-term catalysts.
$LYFT Swing Trade – Low-Cost Call Debit Spread Setup🚗 NASDAQ:LYFT Swing Trade – Low-Cost Call Debit Spread Setup (Jul 18 Exp)
📅 Trade Opened: July 3, 2025, 2:53 PM
🛠 Strategy: Buy to Open (BTO) Call Debit Spread
📈 Strikes: $16.5 / $17.5 (Jul 18 Expiration)
💵 Cost (Premium Paid): $0.25
🎯 Trade Thesis
This swing trade targets a short-term bullish move in NASDAQ:LYFT based on improving fundamentals and favorable technical setup. The structure uses a low-cost OTM call spread to define risk and limit exposure while capturing directional potential.
Catalysts supporting the move:
🚙 Autonomous vehicle rollout beginning this summer (Atlanta) and expanding to Dallas (2026) via Mobileye partnership.
🗳 Activist investor Engine Capital pushing for governance changes and strategic alternatives.
💵 Gross bookings at record levels, with net income and free cash flow turning positive.
📈 Analyst upgrade from TD Cowen with a $21 target (+30% upside from entry).
📊 Technical Setup (Daily Chart)
📉 EMA(4) < EMA(8) < EMA(15): Bearish alignment beginning to flatten – potential compression signal.
⚖ VWAP (30‑day): Price consolidating near long-term VWAP – watching for reclaim.
🔄 MACD: Bullish crossover emerging.
📉 RSI: ~36 – approaching oversold territory, setting up possible reversal.
⏳ Strategy Notes
Position type: OTM vertical call debit spread.
Risk defined: Max loss = $0.25 per contract.
Max gain: $0.75 if LYFT closes at or above $17.5 by expiration.
Timeframe: 2-week swing through July 18, ahead of Q2 earnings (~Aug 6).
🧠 Journal Note
This position aligns with a broader strategy focused on OTM spreads priced under $0.25, using technical compressions and fundamental tailwinds. Trade was opened not on an entry signal day - this avoids front-running momentum shifts.
GBPUSD: Potential Reversal After Strong RallyThe British Pound has shown strong gains against the US Dollar, approaching a key resistance area. After such an extended move, a correction or reversal would be a logical expectation.
Technical Setup
There is a clear series of bearish divergences on the CCI (14) indicator. Price is forming a narrowing rising wedge, which often signals trend exhaustion.
Trade Plan
Sell limit orders: 1.3690 and 1.3850
Market entry: Only after confirmation — either a trendline break or a moving average crossover
Conclusion
GBPUSD shows signs of weakening at the top. I remain focused on short setups from resistance areas, waiting for confirmation to act.
AAVE (Aave): 100EMA Holding Price Down | Another Sell Incoming?Aave is seeing a good decline in price after each touch of the 100EMA, which we recently had again. We are going to look here for a decent movement to lower zones, which should give us at least 15% of market price movement; this, of course, only as long as we stay below the EMAs.
Swallow Academy
EICHERMOT (NSE) – Bullish Setup on 15min & 1H🔑 Trade Plan:
📥 Buy Above: ₹5485 (above current resistance & candle body highs)
🎯 Targets:
T1: ₹5527 (Pivot R1)
T2: ₹5555
🛡️ Stop Loss: ₹5380 (below 13 EMA & Supertrend support)
📊 Technical Signals:
RSI: 58.08 – Bullish momentum, still room to run
%B (BB): 0.77 – Close to breakout from upper band
EMA Crossover: 9 EMA > 13 EMA – Short-term bullish crossover confirmed
Supertrend: Support at ₹5322, aligning with bullish reversal
Volume: Spike during recent green candles signals strong buying interest
⚙️ Strategy Notes:
Use 15min chart for entry timing post breakout
Tighten SL to cost after T1 hits
Ideal for short-term intraday/swing traders
For Education Purposes Only
ADANI Enterprises Ltd..... Seems to hv finally broken out.ADANI Enterprises Ltd..... Seems to hv finally broken out of the 38.2 % Fib Resistance, 2 days in a row (most likely). This is the third time its trying to break out of this zone. It's crossed the 50 ema & nearing the 200.
Needs to take out 2497, the recent high on a closing basis for a smoother ride up.
Am Bullish on the stock, one more reason being its subsidiary ' KUTCH COPPER ' which is to begin production full fledged very soon. Lets See.
RSI 101: The Secret of RSI’s WMA45 Line and How to Use ItIn my trading method, I use the WMA45 line together with RSI to help spot the trend more clearly.
Today, I’ll share with you how it works and how to apply it — whether you're doing scalping or swing trading.
Why WMA45?
WMA (Weighted Moving Average) is a type of moving average where recent prices are given more importance.
WMA45 simply means it takes the average of the last 45 candles (could be 45 minutes, 45 hours, or 45 days depending on your chart).
Because it moves slower than RSI, it helps reduce the “noise” and gives you a better idea of the real trend.
This idea is not new — many traders have tested RSI strategies also use this line. I just applied and adjusted it in my own way.
👉 How to set it up on TradingView (very simple):
What WMA45 Tells You
Trending
This line shows you the overall direction of the market:
📉 If WMA45 is going down, the price is likely going down.
📈 If WMA45 is going up, the price is likely going up.
Also, the steeper the line, the stronger the trend is:
Looking at the example above, the WMA45 line starts from the same level in two different phases, but the slope is different. The steeper line shows a larger price range.
This happens because the price was more volatile, which caused the RSI to move more sharply, and that, in turn, made the WMA45 slope steeper.
In multi-timeframe analysis, when the trend on the higher timeframe is strong (shown by a steep WMA45 line), the RSI on the lower timeframe will usually move within a tighter range and react more accurately to key levels.
If you’re not sure what these key RSI levels are, check out my previous post here:
For example, in a strong downtrend on H1, RSI on M5 might not even reach 50:
✅ What does this mean for trading?
Use WMA45 on higher timeframes to define trend bias.
On lower timeframes, watch RSI responses at key zones for optimal entries.
When holding positions, WMA45 helps determine whether to stay in the trade.
Moving Sideways
Here’s something important to note: when WMA45 is flat, RSI will keep crossing back and forth over it.
Depending on where WMA45 is flat, RSI tends to move within that range and creates different sideways price patterns. Here are the main types:
Around 50 → price moves in a box: According to RSI theory, the 50 level is the balance between buyers and sellers. RSI fluctuating around this causes price to move sideways in a rectangular box range.
Above 50 → price goes up in a rising channel: Above 50 is where buyers dominate sellers. RSI operating in this zone will continually create bullish candles pushing the price upward.
Below 50 → price goes down in a falling channel: Below 50 is where sellers dominate buyers. RSI in this zone will consistently form lower highs and lower lows, pushing the price downward.
Trend Reversal of WMA45
WMA45 is calculated from the average of 45 candles, so it's almost impossible for it to reverse direction suddenly. When it's sloping (trending), it takes time for RSI to fluctuate enough to "flatten" it before it can reverse.
As shown in the example, after WMA45 slopes up, before it turns downward, RSI must cross back and forth through it to reduce the steepness => flatten it => then reverse.
Does this align with Dow Theory? It represents the phases: Trend > Sideway > Trend. Sideway is when the WMA45 line is flattened.
✅ What does this mean for trading?
After a trend forms, if you want to enter a counter-trend trade, patiently wait for WMA45 to flatten to confirm the previous trend has ended.
Dynamic Support and Resistance
In addition to being a trend indicator for RSI, WMA45 also serves as a dynamic support/resistance level for RSI.
You will often observe RSI reacting when it encounters the WMA45 line.
In an uptrend, WMA45 acts as support for RSI.
In a downtrend, WMA45 acts as resistance for RSI.
Notably, if the reactions occur at higher RSI values, the resulting price support is stronger. Conversely, if reactions happen at lower RSI values, the price is pushed down further.
In the above example, in the first reaction around RSI 60s, RSI dropped by 9.6 points and price dropped by 12 points. In the second reaction at RSI 40s, RSI dropped similarly, but the price dropped by 25 points.
✅ What does this mean for trading?
You can use WMA45 as an entry zone for your trade: Wait for reactions with WMA45 on the higher timeframe, then switch to a lower timeframe to find a trade entry.
Use WMA45 as a take-profit or stop-loss level: For a short trade near WMA45, you can stop out if RSI crosses above it.
When monitoring these reactions, pay attention to the number of reactions—more reactions require more caution in trading.
Some Trade Setups Using WMA45 and RSI
1. Intraday trading
Trend: Follow the trend on the H1 chart.
Entry zone: At WMA45 of H1.
Entry confirmation: 2 methods:
On M5: when WMA45 of RSI is already flattened, and RSI has crossed above WMA45.
On M5: when a divergence appears in RSI.
2. Scalping
With the RSI’s reaction to WMA45, even on smaller timeframes (M1, M5), you can scalp when RSI touches WMA45.
When WMA45 has a slope and RSI returns to touch it, you can enter a trade with SL behind the candle close (10–20 pips to avoid stop hunts and spread), and TP to the nearest peak.
As mentioned, the first touch gives the best reaction.
My trading system is entirely based on RSI, feel free to follow me for technical analysis and discussions using RSI.
POWERGRID – Breakout Setup with Volume Spike📍 Entry Zone: ₹310.10 – ₹311.10
🎯 Target: ₹330.00
🛑 Stoploss: ₹302.00
📈 RSI has crossed above 60, volume confirms breakout momentum (🔵 arrow), and price is supported above key EMAs.
🔍 Strong bullish structure with clear higher lows and a clean breakout candle. Momentum shift confirmed with increasing volume.
For Education Purposes Only
Nifty - moderation of +ve momentum seen on short period charts.Nifty closed with over 1% 21 VWMA was rising, Nifty respected SD+2 resistance today.
23298, 23395 resistance levels for tomorrow.
SD+1 or 23057 acted as major support today, any breach below this and sustaining lower will signal some weakness.
23730 major pivot, as long as this is help, uptrend is intact, and Nifty is in buy on dips.
24060, 23930, 23875, 23790, 23760 major support levels.
$INJ: Preparing for a Possible Impulsive Move UpCRYPTOCAP:INJ – Setting Up for a Potential Impulsive Move
After a sharp correction, CRYPTOCAP:INJ may be preparing for a strong rebound.
In a previous idea, I forecasted a bottom at $8.5 — and it dipped even lower to $7, fully retracing last year's pump.
The price broke below the bearish flag after a clear bearish divergence at the top. It also sliced through my green buy zone and is now sitting right on a critical support level at $8.40.
🚀 Signs of recovery are starting to show:
🔹 MACD is climbing and approaching the median line — a bullish crossover could ignite an impulsive rally.
🔹 Price is stabilizing above the key $8.40 support.
🔹 RSI is low and consolidating — signaling potential upside.
🔹 Volume is quiet — often a precursor to strong moves.
The target is to re-integrate the green liquidity zone, to prepare another explosive pump.
📅 Reminder: around this time last year, CRYPTOCAP:INJ pulled off a 4x rally. While past performance doesn't guarantee future results, the setup looks promising.
🧠 DYOR | This is not financial advice.
#INJ #CryptoAnalysis #Altcoins #TechnicalAnalysis #MACD #CryptoMarket #BreakoutSetup #DYOR
$ONDO: Potential Reversal in SightLSE:ONDO : Potential Reversal in Sight
Signs suggest that LSE:ONDO may have reached the bottom of its consolidation phase, having fully retraced to its August 2024 lows. Momentum is shifting:
MACD is climbing toward the median — a breakout above could signal the start of an explosive uptrend.
RSI remains neutral, leaving room for a strong move in either direction.
Volume is near all-time lows, often a precursor to a breakout.
If the projected move plays out, the next resistance levels (based on Fibonacci ratios) are:
🔹 TP1: $0.94
🔹 TP2: $1.17
🔹 TP3: $1.35
📉 DYOR | Not financial advice.