GOLD → Consolidation ahead of the Fed's interest rate decision FX:XAUUSD is rebounding from resistance at the local range of 4220 and heading towards support at the liquidity zone of 4175. Ahead is the Fed meeting on interest rates, where rates are likely to be lowered. What to expect?
The probability of a 25 bp rate cut today is ≈90%. JOLTS job vacancy data reduced the chances of easing in January to ≈20%. Attention is shifting to the Fed's rate forecasts for 2026 and the tone of Powell's comments — the balance of votes in the FOMC (the ratio of “hawks” to “doves”) will determine the further course.
In the current case, it is worth looking not only at the fact of the rate cut, which is most likely already priced in. What is important to us are the regulator's comments and political stance. If they say that the pace of rate cuts will slow down in the future, the dollar may fly up and gold down.
If they support further rate cuts, the dollar will go down and gold up.
Resistance levels: 4220, 4266
Support levels: 4200, 4175, 4165
It would be a shock to the market if rates were cut by 50 points; the chances are slim, but they exist. In this case, gold would soar. However, the most likely scenario is described above.
Technically, I expect a retest of the trading range support; in the worst case, gold may fall to 4140 - 4120 - 4100 before rising. High volatility is possible in the evening!
Best regards, R. Linda!
Fibonacci Retracement
GOLD → Price within range ahead of Fed meeting FX:XAUUSD is consolidating within a wide range amid expectations of the Fed's interest rate meeting. The fact that interest rates will be lowered has most likely already been factored in by the market. There is a possibility of a long squeeze...
New threats of tariffs by Trump (on fertilizers from Canada and against Mexico) are weakening the dollar and supporting gold.
As for interest rates, the Fed is expected to cut rates by 25 basis points, but the market has most likely already priced in the cut. Accordingly, there may be countertrend movements (MM traps) to accumulate liquidity before further advances.
Today's JOLTS data on job vacancies may cause increased volatility. According to statistics, before and after interest rate cuts, gold forms a swing correction, within which it may test the support of the range against the backdrop of a bullish trend...
Resistance levels: 4219.5, 4256
Support levels: 4200, 4180, 4163
Ahead is a strong liquidity zone at 4220, and the retest may end in a decline. MM may continue to accumulate liquidity before further advancement. I expect a retest of the range support with the aim of retesting the liquidity pool at 4175-4165 before a possible rise.
Best regards, R. Linda!
Chumtrades XAUUSD Outlook – Will Gold Continue Sideways Today?🎯 XAUUSD – Sideway Day Before FOMC
1️⃣ Market Context
H4 is clearly moving sideways: small candle bodies – long upper and lower wicks, indicating hesitation before FOMC (occurring the night of the 11th into the morning of the 12th).
The price is currently locked in the H4 range:
Lower boundary: 4176–4180
Upper boundary: 4215–4218
Today I am observing the price moving sideways within this range.
2️⃣ Intraday Trading Strategy
BUY low – priority
Watch for reactions at the zones:
4180 – 4182
4174 – 4178 (bottom of H4 range)
4155 – 415X (most attractive BUY zone)
→ Short target: 4200 – 4210
→ SL below support zone by 100 pips
🔻 SELL high – priority
Watch for reactions at:
4212 – 4218 (top of H4 range)
4230 – 4233 (strong resistance – most attractive sell zone)
→ Target: return to mid-range 4190 → bottom of range 417X
→ SL above resistance zone by 100 pips
The nearest zone is 4202-4198, this entry can be considered
3️⃣ Expected Movement
Today → Sideways within H4 box 4176 ⇆ 4212.
Just trade according to the range: buy low – sell high.
Expected daily fluctuation range is 50-55 prices.
A true breakout may occur tomorrow or the day after, as the market prepares for this week's FOMC.
📌 Note
Prioritize candle reactions at price zones.
Avoid FOMO in the middle of the range.
Divide positions smaller than usual as the market tightens before major news.
Find this analysis useful?
Press Follow to update the plan daily before trading hours and discuss more effective strategies!
Wishing everyone a day of total victory in trading!
BITCOIN → False breakout of resistance on a downtrend BINANCE:BTCUSDT is consolidating in the range of 86K - 92K, bears are holding resistance amid a global downtrend, traders lack drivers...
Fundamentally, sentiment in the crypto market is weak, and there is increasing talk of a crypto winter, especially among companies that previously actively bought cryptocurrencies for their balance sheets. There is no bullish driver at the moment.
Bitcoin is in a neutral state, with the market holding the price below 93K. The fundamental background is unstable, and technically, the market is in a downtrend. A reversal pattern is forming relative to 92K, and a retest and false breakout of the zone of interest could trigger a decline to the support range.
Locally, we are seeing an upward channel, but this is a correction against the backdrop of the global trend. If the bears keep the price below 92K, the decline may continue. However, a breakout of 94K and a close above that level could trigger an upward momentum...
Resistance levels: 91850, 92700, 93700
Support levels: 88000, 86300
A false breakout and price consolidation in the short zone could cause further sell-offs towards the areas of interest located at the bottom of the trading range.
Best regards, R. Linda!
AUDUSD → Readiness for distribution within the uptrend FX:AUDUSD breaks through the resistance of a wide trading range (consolidation) and is preparing for growth. Important news ahead...
Ahead of the Fed's interest rate meeting, the dollar broke its upward trend and is storming support, hinting at a readiness to fall. The probability of a rate cut is 90%, and a fall in the dollar could trigger growth in the currency pair.
The currency pair is breaking through the consolidation resistance at 0.6628 and forming consolidation in a long zone. A trigger of 0.6649 appears on the chart - a breakout and close above this zone will trigger growth and a distribution phase.
Resistance levels: 0.6649, 0.67, 0.68
Support levels: 0.6628, 0.6581
Before rising, the price may test support (the previously broken trading range boundary). However, a breakout and close above 0.6649 could trigger a distribution phase towards 0.67-0.68, especially against the backdrop of a weak dollar...
Best regards, R. Linda!
TECHNICAL ANALYSIS – BTCUSD (4H)1. Market Structure: Ascending Channel (Orange)
The chart clearly shows an ascending trend channel – the upper and lower orange lines.
Lower Channel Support: ~$87,000
Upper Channel Resistance: ~$96,000
Medium-term trend = uptrend as long as the price remains within this channel.
2. Key Levels You Have Marked
Resistance
$94,133 – local resistance from which the price recently rejected.
$95,866 – upper boundary of the resistance zone + near-upper channel line.
$99,067 – high target upon channel breakout.
Support
$92,190 – price is currently within this zone, struggling to maintain it.
$90,757 – important intraday support; a breakout opens the way lower.
USD 88,203 – strong support, converging with the lower part of the channel.
3. Price action
Currently, I see:
Rejection from the 94.1k level, which is resistance.
Attempt to return to the center of the structure, but the candlestick is rejected from above.
The market is making a short-term lower high → slight weakening of momentum.
4. Stoch RSI
Stoch RSI (4h):
The lines are in a downward trend from the upper levels, meaning a short-term correction is just beginning.
There is no signal for an upward reversal yet → momentum favors a move to lower support levels.
⭐ 5. Scenarios for the next hours/1–2 days
BULLISH (if BTC maintains 92k–90.7k)
Condition: No break below $90,757
Potential moves:
Consolidation at 92k–91k
Stoch RSI begins to curve upward
Attack:
$94,133
$95,866 (upper channel resistance)
Target:
→ $96,000
→ possible test of $99,000 with a strong breakout
BEARISH (if BTC breaks $90,757 down)
This is a key level. If it breaks:
A quick decline to $88,203
High probability of a retest of the lower channel line (~87k)
This still won't destroy the uptrend, but it will open the door to buying lower.
ETH ANALYSIS – 1h📊 ETH ANALYSIS – 1h
🔥 1. Key Fact on the Chart
We have a very strong upward impulse that:
Breaked the upper band of the descending channel (blue)
Touched the upper line of the ascending channel (orange)
Was immediately rejected (long wick)
The MACD shows extreme overbought + potential divergence in the making
Such a move usually indicates a short squeeze + profit-taking → i.e., a temporary weakening and a retest of the breakout.
🎯 2. Price areas I see on your chart
Green (resistance/TP for longs):
3479–3490 – structural highs, strong resistance
3420 – local resistance
3375 – first real resistance after the breakout
Red (support/defense levels of the structure):
3338–3348 – first test zone after the breakout
3293 – key level — sustain = trend continuation
3180–3200 – consolidation zone broken (likely retest)
📉 3. What does the current wick mean?
This giant wick signals:
short liquidations
lack of demand for a continuation after the first resistance breakout
high probability of a return to the range
possibility of a retest of the breakout (around 3185–3210)
This doesn't look like a classic breakout with a continuation, but rather a fakeout and the need for a correction.
📈 4. Scenarios
➡️ Bullish (more likely if 3293 holds)
Price falls to the 3338–3293 zone
Builds a local HH/HL
Starts a move to 3375, then 3420
If 3420 breaks → target 3480–3500
➡️ Bearish (if price loses 3293)
Retest from the bottom of 3293
Return to the blue channel
Target: 3185–3200
If this level breaks → 3050–3080 (lower band of the channel)
📟 5. MACD
MACD is:
extremely stretched
signal line begins to collapse
histogram decreases after Explosion
→ This almost always means a local intraday high + a drop to support.
XAGUSD (Silver) – 1-Hour Timeframe Tradertilki AnalysisMy friends, good morning,
I have prepared an XAGUSD-Silver analysis for you on the 1-hour timeframe.
My friends, if XAGUSD-Silver reaches the levels between 60.69393 and 60.11226, I will open a buy position and target the 63.16603 level.
My friends, I share these analyses thanks to each like I receive from you. Your likes increase my motivation and encourage me to support you in this way.🙏✨
Thank you to all my friends who support me with their likes.❤️
GOLD → Retest of upward trend support. Focus on 4200FX:XAUUSD is trading near $4,200, remaining cautious at the start of the week ahead of the Fed's decision. The trend is bullish, with the dollar stagnating. A long squeeze of support could trigger a rebound...
The Fed is expected to cut rates by 25 bps (probability ≈90%). Weak US data supports dovish expectations
Attention is shifting to the Fed meeting and its forecasts for 2026. The lack of important US data today shifts the focus to geopolitics and general market sentiment.
There is not much news this week, but from a geopolitical point of view, attention is focused on Japan-China and Russia-Ukraine-US relations.
Gold is awaiting signals from the Fed. The decision on rates and geopolitical news will determine the direction of the breakout from the current range.
Resistance levels: 4220, 4256
Support levels: 4200, 4195, 4180
The dollar previously broke through the support of the uptrend, but has been stagnating for the past few days. A break below 99.0 could trigger a decline in the index, which could support the price of gold.
Gold is testing the support of the trading range within the uptrend. Focus on the 4200-4195 zone. A long squeeze could trigger growth amid a weak dollar...
Best regards, R. Linda!
USDJPY → Attempt to return to the bullish trend from correctionFX:USDJPY may exit the correction phase and continue its upward movement within the trend. The global target has not yet been reached.
The dollar is consolidating after breaking the bullish trend structure. The market is trying to keep the price above 99.0. Growth and a retest of 99.5 are possible. This move may support the growth of the currency pair.
The correction may end. The main trend is bullish, and the market continues to follow the trend lines despite the weak dollar.
A breakout of the correction boundary and maintaining the price above 155.4 may trigger a distribution of 157.8.
Resistance levels: 155.4, 157.15
Support levels: 154.45
Local and global trends are bullish. The correction may end as the price continues to storm the resistance of the local bearish pattern. A breakout of 155.4 and consolidation above this zone may support further growth.
Best regards, R. Linda!
ADAUSDT → Correction (hunt for liquidity) before the fall BINANCE:ADAUSDT is pausing in the 0.41 area and entering a correction phase, during which it may test the zone of interest in a bearish market.
Bitcoin failed to overcome resistance at 92K, with economic data intensifying bearish pressure, resulting in another decline. The market is stagnant within the trading range, and any correction could quickly turn into a sharp decline...
ADA is forming a halt in the 0.41 zone and is entering a phase of local correction. The zone of interest is 0.426 - 0.434 (the area of local trend support breakdown). A retest of resistance may end in a false breakout...
Resistance levels: 0.421, 0.426, 0.434
Support levels: 0.409, 0.392
A false breakout of the resistance zone or a retest of the previously broken support of the uptrend may end in pressure from the bears. The correction may be followed by a continuation of the downtrend and the zone of 0.421 - 0.434
Best regards, R. Linda!
DOGEUSDT → Lack of bullish potential BINANCE:DOGEUSDT.P failed to break the trend. Under pressure from resistance and a global downtrend, the coin is reversing and may decline...
Bitcoin is pausing after a news rally based on rumors. The trend remains bearish. Pressure on the crypto market is present...
DOGE faced pressure in the 0.1477 - 0.155 zone. A rebound from 0.1533 is forming and the price is closing below 0.1477, forming a pre-breakout base of 0.1464. The reaction to support is weakening, confirming the weakness of the buyer. A close below 0.1464 could trigger a further decline within the range.
Resistance levels: 0.1477, 0.15337
Support levels: 0.1464, 0.1366
A breakdown of support, closing below the level, and consolidation in the short zone will once again confirm buyer weakness, which in turn may trigger a further decline.
Best regards, R. Linda!
SNDK - Bullish Scenario Since 04 Sept, Momentum Still Intact!SNDK - CURRENT PRICE : 228.47
🔥 Bullish Scenario Supported by Trend Structure & Fibonacci Reactions
SNDK began showing early signs of a bullish scenario when price respected a rising support line , indicating steady accumulation and higher lows forming. The major bullish confirmation occurred on 04 September , when price broke above the 55.55 level (look at red arrow), triggering strong momentum and leading to a rapid vertical rally. As with many fast-moving stocks, a healthy retracement followed, and SNDK pulled back precisely toward the Fibonacci 38.2% golden ratio, where the stock found support and began forming a new base. This behavior suggests the prior uptrend remains intact, and the uptrend may resume as long as the stock continues to hold above this retracement zone.
Some Elliott Wave practitioners may also interpret the current structure as a developing Wave 5, suggesting the potential for another upside leg if the trend continues to follow impulsive wave behavior.
Take note that I'm using logarithmic scale chart because the share price has already risen more than 300% since the 04 September breakout, making it more suitable for analyzing large percentage moves and trend structure.
ENTRY PRICE : 228.47
FIRST TARGET : 270.00
SECOND TARGET : 324.00 (Projected based on Fibonacci extension)
SUPPORT : 183.00 (The low of 21 Nov HAMMER candle)
$META | COVERAGE INITIATED — Personal Position Update [W49]COVERAGE INITIATED — Bullish Classification (Trend Shift Identified)
META — WEEK 49 TREND REPORT | 12/05/2025
Ticker: NASDAQ:META
Timeframe: W
This is a reactive structural classification based on the weekly chart as of this timestamp. Price conditions are evaluated as they stand — nothing here is predictive or forward-assumptive.
⸻
Author’s Note — Personal Position Update
I initiated my own position on [ NASDAQ:META ] during Week [ 49 ], entering at $ [ 673.42 ].
This decision follows my personal criteria: I only participate when my system identifies a verified structural trend shift supported by both a confirmed weekly flag and a qualifying candle state. This note reflects my activity only and is not a suggestion for anyone else.
As of this update, my position is currently up ~ [ 0% ] from my entry.
My structural exit level is $ [ 670.20 ] on a weekly-close basis. This level will continue to adjust upward automatically as the structure strengthens. If price closes below that threshold, my system classifies the trend as structurally compromised, and that is where I personally exit.
This update exists solely to document my own participation and the structural levels I monitor. It is not predictive and does not imply any future outcome.
⸻
Structural Integrity
• 1) Current Trend Condition [ Numbers to Watch ]
• Current Price @ $
• Trend Duration @ +0 Weeks
( Bullish )
• Trend Reversal Level ( Bearish ) @ $
• Trend Reversal Level ( Bearish Confirmation ) @ $
• Pullback Correction Retracement @ $
• Correction Structural Support @ $
⸻
2) Structure Health
• Retracement Phase:
Uptrend (operating above 78.6%)
• Position Status:
Caution (interacting with structural layers)
⸻
3) Temperature :
Warming Phase
⸻
4) Momentum :
Neutral
⸻
Structural Alignment
NEUTRAL STRUCTURAL CONDITION
This mark represents a period where directional behavior was unclear. Market movement here reflected compression, chop, or indecision — neither trend direction was dominant. It does not signal continuation or reversal, only that price action was not showing strong alignment in either direction.
⸻
Methodology Overview
This classification framework evaluates directional conditions using internal trend-interpretation logic that references price behavior relative to its structural layers. These relationships are used to identify when price movement aligns with the framework’s criteria for directional phases, transition points, or regime shifts. Visual elements or structural labels reflect these internal interpretations, rather than explicit trading signals or preset indicator crossovers. This framework is observational only and does not imply future outcomes.
$PLTR | COVERAGE INITIATED — Personal Position Update [W49]COVERAGE INITIATED — Bullish Classification (Trend Shift Identified)
PLTR — WEEK 49 TREND REPORT | 12/05/2025
Ticker: NASDAQ:PLTR
Timeframe: W
This is a reactive structural classification based on the weekly chart as of this timestamp. Price conditions are evaluated as they stand — nothing here is predictive or forward-assumptive.
⸻
Author’s Note — Personal Position Update
I initiated my own position on [ NASDAQ:PLTR ] during Week [ 49 ], entering at $ [ 181.76 ].
This decision follows my personal criteria: I only participate when my system identifies a verified structural trend shift supported by both a confirmed weekly flag and a qualifying candle state. This note reflects my activity only and is not a suggestion for anyone else.
As of this update, my position is currently up ~ [ 0% ] from my entry.
My structural exit level is $ [ 177.54 ] on a weekly-close basis. This level will continue to adjust upward automatically as the structure strengthens. If price closes below that threshold, my system classifies the trend as structurally compromised, and that is where I personally exit.
This update exists solely to document my own participation and the structural levels I monitor. It is not predictive and does not imply any future outcome.
⸻
Structural Integrity
• 1) Current Trend Condition [ Numbers to Watch ]
• Current Price @ $
• Trend Duration @ +0 Weeks
( Bullish )
• Trend Reversal Level ( Bearish ) @ $
• Trend Reversal Level ( Bearish Confirmation ) @ $
• Pullback Retracement @ $
• Correction Support @ $
⸻
2) Structure Health
• Retracement Phase:
Uptrend (operating above 78.6%)
• Position Status:
Healthy (price above both structural layers)
⸻
3) Temperature :
Neutral Phase
⸻
4) Momentum :
Bullish
⸻
Structural Alignment
NEUTRAL STRUCTURAL CONDITION
This mark represents a period where directional behavior was unclear. Market movement here reflected compression, chop, or indecision — neither trend direction was dominant. It does not signal continuation or reversal, only that price action was not showing strong alignment in either direction.
⸻
Methodology Overview
This classification framework evaluates directional conditions using internal trend-interpretation logic that references price behavior relative to its structural layers. These relationships are used to identify when price movement aligns with the framework’s criteria for directional phases, transition points, or regime shifts. Visual elements or structural labels reflect these internal interpretations, rather than explicit trading signals or preset indicator crossovers. This framework is observational only and does not imply future outcomes.
$SHOP | COVERAGE INITIATED — Personal Position Update [W49]COVERAGE INITIATED — Bullish Classification (Trend Shift Identified)
SHOP — WEEK 49 TREND REPORT | 12/05/2025
Ticker: NASDAQ:SHOP
Timeframe: W
This is a reactive structural classification of SHOP based on the weekly chart as of this timestamp. Price conditions are evaluated as they stand — nothing here is predictive or forward-assumptive.
⸻
Author’s Note — Personal Position Update
I initiated my own position on [ NASDAQ:SHOP ] during Week [ 49 ], entering at $ [ 161.08 ].
This decision follows my personal criteria: I only participate when my system identifies a verified structural trend shift supported by both a confirmed weekly flag and a qualifying candle state. This note reflects my activity only and is not a suggestion for anyone else.
As of this update, my position is currently up ~ [ 0% ] from my entry.
My structural exit level is $ [ 159.19 ] on a weekly-close basis. This level will continue to adjust upward automatically as the structure strengthens. If price closes below that threshold, my system classifies the trend as structurally compromised, and that is where I personally exit.
This update exists solely to document my own participation and the structural levels I monitor. It is not predictive and does not imply any future outcome.
⸻
Structural Integrity
1) Current Trend Condition [ Numbers to Watch ]
• Current Price @ $
• Trend Duration @ +0 Weeks
( Bullish )
• Trend Reversal Level ( Bearish ) @ $
• Trend Reversal Level ( Bearish Confirmation ) @ $
• Pullback Retracement @ $
• Correction Support @ $
⸻
2) Structure Health
• Retracement Phase:
Uptrend (operating above 78.6%)
• Position Status:
Healthy (price above both structural layers)
⸻
3) Temperature :
Neutral Phase
⸻
4) Momentum :
Bullish
⸻
Structural Alignment
UPWARD STRUCTURAL ALIGNMENT
This mark reflects a point where market behavior supported the continuation of the existing upward direction. It does not imply forecasting or targets — it simply notes where strength became observable within the current trend. Its meaning holds only while price continues to respect the broader structural levels that define the trend.
⸻
Methodology Overview
This classification framework evaluates directional conditions using internal trend-interpretation logic that references price behavior relative to its structural layers. These relationships are used to identify when price movement aligns with the framework’s criteria for directional phases, transition points, or regime shifts. Visual elements or structural labels reflect these internal interpretations, rather than explicit trading signals or preset indicator crossovers. This framework is observational only and does not imply future outcomes.
BTC/USDT 4H chart review📉 1. Market structure – short-term 4H trend
In the chart I see:
• Breaking the upward trend line (black diagonal) – a classic signal of weakening momentum.
• After the breakout, there was a quite strong downward impulse, which confirms that the intraday trend has turned bearish.
• The price is currently testing around USDT 89,500-90,000, where a reaction is emerging, but not strong yet.
👉 Conclusion: 4H is now in a bearish correction and the market looks ready to test further lower supports.
⸻
🧭 2. Support and resistance levels (from your chart)
Upcoming supports:
1. 89,500–89,000 – the current level at which the market is trying to defend itself.
2. 88 185 – clear red line, first logical support lower.
3. 86,001 – next demand level, big candle from the past.
4. 83,720 – deeper support to which the market returns when there is great fear.
The nearest resistances (which need to be recovered to return to growth):
1. 90,467 – first key resistance; now it will work as a "flip".
2. 91 923 – stronger resistance; This is where the declines began.
3. 94,223 - only breaking this level shows that the bulls are back.
👉 The market is currently sitting BELOW the key resistance of 90,467, so downward pressure is active.
⸻
📉 3. Analysis of candles and price behavior
• The last 4-6 candles are large red bodies, which shows the clear dominance of supply.
• After the breakout of the trendline, there is no strong pullback - this means that the bears do not allow for a rebound.
• The lower shadow on the last candle indicates buyer reaction, but no confirmation yet.
👉 If 89,500 is broken, a move to 88,185 is very likely.
⸻
📉 4. MACD – negative signal
MACD shows:
• Bearish cross – the blue line crossed the orange line from above.
• The histogram turns into red bars - the downward momentum is increasing.
• MACD is below zero → confirmed downward trend in the 4-H interval.
👉 MACD confirms what we see on the chart: momentum is falling and a rebound is unlikely without consolidation.
GOLD → Consolidation above 4220. Bullish structureFX:XAUUSD is trading in a narrow range around $4,200, maintaining sideways momentum ahead of US inflation data. The market confirms a bullish structure...
The probability of a Fed rate cut in December remains at ≈90%.
Mixed US employment data:
– Jobless claims fell to their lowest level since September 2022.
– Layoffs in November reached a two-year high.
The key benchmark today is the PCE index for September (data delayed due to the government shutdown).
Gold is awaiting new signals on inflation. Range trading is likely until the release of PCE data, which may set the direction of movement ahead of the Fed's decision.
Resistance levels: 4238, 4262
Support levels: 4220, 4183
If the bulls hold their ground above local support at 4220, we will have a chance to break through 4238 and retest 4262. However, a breakout of the trading range resistance could trigger a continuation of the rally towards the ATH.
Best regards, R. Linda!
GOLD → Retest of consolidation support on uptrend FX:XAUUSD is trading in a sideways range around $4,200, awaiting new labor market data to determine the Fed's policy trajectory after December's rate cut.
Weak US data (a 32K decline in ADP employment and a slight increase in ISM services to 52.6) did not change market expectations. The probability of a 25 bp Fed rate cut on December 11 is around 90%. Attention has shifted to the trajectory of policy easing in early 2026. Key factors will be data on unemployment claims and sentiment on Wall Street.
The fundamental background is relatively positive, and the dollar has entered a correction phase due to expectations of lower rates, which may support the gold price...
Resistance levels: 4238, 4262
Support levels: 4185, 4175
Gold is testing the support levels of the key trading range. If the bulls keep the price above 4185 and form a bullish reversal pattern, then in the short and medium term, we can expect growth to intermediate highs.
Best regards, R. Linda!
ETHEREUM → The emergence of a positive driver?BINANCE:ETHUSDT is soaring amid a news rally and testing resistance at 3230. The daily increase was almost 20%. If growth is expected, then after a slight correction...
Fundamental background: the market reacted to rumors of the replacement of the Fed chairman with Kevin Hassett, who is more “dovish” and loyal to cryptocurrencies. The market broke the local structure and updated the interim maximum from 3070 to 3230. A false breakout of resistance is forming relative to the key resistance level, and the market is entering a correction/stagnation phase.
Bitcoin, the main driver of the cryptocurrency market, faced strong resistance at 95K. The global market trend is downward, and a change in trend will require time and more confirmation...
There is a struggle for resistance in the market, and several scenarios are possible: consolidation and a breakout of resistance, or growth after correction...
Resistance levels: 3230, 3370
Support levels: 3172 (local), 3057
High probability: a false breakout of 3230 will trigger a correction to 3050 (before the news). If the bulls keep the price above 3050, growth may continue as part of the change in the fundamental background.
BUT! If buyers keep the price without correction, then the focus will be on 3230. Consolidation above this level could trigger growth to 3370 - 3620.
Best regards, R. Linda!
GOLD → The battle for zone 4200. Bullish trend FX:XAUUSD is forming a local trading range of 4180-4230, trying to stay above 4200 after yesterday's correction ahead of important US employment and services data.
The dollar is weakening amid expectations of a Fed rate cut on December 11. News concerning Powell, namely Fed chair candidate Kevin Hassett (a well-known “dove”), is supporting gold. Geopolitical risks (stagnation in Russia-Ukraine negotiations) are increasing demand for safe-haven assets.
• In focus today: ADP employment data and ISM Services PMI.
• Weak indicators will strengthen bets on Fed policy easing and support gold.
Gold retains its upside potential. The release of US data could either accelerate growth to $4300 or trigger a correction in the event of strong indicators.
Resistance levels: 4230, 4260
Support levels: 4185, 4175
Gold is testing 4200 for strong support. Local trading range 4180 - 4230. A false breakout of support amid a bullish trend and a weak dollar could support gold's growth.
Best regards, R. Linda!
EURUSD → Consolidation above downtrend resistance FX:EURUSD is attempting to reverse the trend amid expectations of interest rate cuts in the US. Important resistance at 1.165...
The dollar is breaking the support of the bullish trend amid expectations of interest rate cuts and news related to Powell. A decline in the index will support the euro exchange rate.
EURUSD is breaking the resistance of the downtrend, followed by bulls trying to keep the currency pair above 1.160, a psychological level. Against the backdrop of the dollar's decline, there is a chance of a breakout above 1.165 and growth
Resistance levels: 1.165 - 1.1656
Support levels: 1.159, 1.155
Before breaking through resistance, the market may consolidate or retest support. However, a breakout of 1.165 - 1.1656 and a close above this zone could trigger a distribution towards 1.173 - 1.182
Best regards, R. Linda!
GOLD → Correction to support amid a bullish trend FX:XAUUSD retreated from the $4,245 level reached on Monday. A countertrend correction is forming ahead of the news. But buyers are not sleeping...
Weak US economic data has heightened expectations of an imminent Fed rate cut. The PMI index in the US manufacturing sector continued to contract. The market estimates the probability of the Fed easing policy next week at 87%.
However, rising US Treasury yields and fears that the Fed may send cautious signals after its December decision are limiting gold's growth.
Market attention is shifting to ADP employment data and the US services business activity index (ISM Services PMI), which will be released on Wednesday. They will provide new signals about the health of the US economy.
The correction in gold appears to be under control amid continuing macroeconomic uncertainty. The 4200, 4193-4173 level remains an important area of struggle between bulls and bears.
Resistance levels: 4211, 4245
Support levels: 4193, 4173
A false breakdown and the bulls holding the market above the above support zone could trigger growth within the trend.
Best regards, R. Linda!






















