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Harmonic Patterns

Latest gold price range: 3615-3660Latest gold price range: 3615-3660 As shown in Figure 4h: Analyzing the chart structure, gold prices could reach new highs at any time. Analyzing the time period, gold prices may fluctuate sideways. (3615-3660) Gold is essentially a game of time and space. We need to factor time into the rules of the game to make the most comprehensive judgment. Today's trading strategy: 1: Time attribute: Friday 2: Price attribute: Consolidation at a high level. Currently, the gold price is stabilizing in the 3640-3650 range. 3: (3620 + 3660) / 2 = $3640. 4: Focus on support near 3640. 5: Focus on resistance near 3660. BUY: 3635-3640 (aggressive strategy) SL: 3628 TP: 3650-3660 SELL: 3655-3660 (aggressive strategy) SL: 3675 TP: 3640-3630
OANDA:XAUUSD
by Freja_rb
XAUUSD Trading Recap and RecommendationYesterday, we successfully went long at a low level, entering the market within the 3,600-3,620 range. Today, when the price moved up to 3,650, we executed the TP as planned and secured profits smoothly. Today's Trading Advice: Buy on Pullbacks Buy 3630 - 3640 TP 3650 - 3660 - 3670 Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
OANDA:XAUUSDLong
by CarterJordan
Gold (XAUUSD) – Technical Outlook 🟢 Bullish Scenario: Key Level (Pivot): 3630 If price holds above 3630, bullish momentum may extend towards: 🎯 First target: 3656 (resistance) 🎯 If 3656 breaks strongly → continuation towards: 🎯 Second target: 3675 🎯 Third target: 3697 🔴 Bearish Scenario: If price fails and sustains below 3630, bearish move may develop towards: 🎯 First support: 3595 (a strong support zone) 🎯 If 3595 breaks decisively → continuation towards: 🎯 Second target: 3546 📌 Summary: 3630 = decision zone 3656, 3675, 3697 = upside targets 3595, 3546 = downside targets
OANDA:XAUUSDLong
by EvarMayi
PALLADIUM Sell pressure below its 1W MA200.Palladium (XPDUSD) has been trading within a long-term Channel Up that priced its last Higher High on the week of July 14. Despite this week's very aggressive spike, the trend remains bearish as long as the 1W MA200 (orange trend-line) holds, and this is one more sell opportunity offered. We expect a similar decline with the previous Bearish Leg that fell all the way to the 0.786 Fibonacci extension. This is translated to a 980.00 Target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XPDUSDShort
by TradingShot
EURCHF Ascending Triangle giving a sell signal.The EURCHF pair has been trading within an Ascending Triangle pattern since the April 10 Low and finds itself now on the latest Bearish Leg. As you can see, it is very similar to the previous one, so we expect direct contact with the pattern's bottom (Higher Lows trend-line) within this month. Sell and target 0.92900 ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
"BTC/USD: Bearish Structure with Target Toward Demand Zone" 1. Market Context On the 15-minute chart, BTC/USD is currently exhibiting a short-term **bearish market structure**, following a clear **Break of Structure (BOS)** at the $115,662 level. This shift came after a strong rejection from the identified **supply zone** between $116,250 and $116,365.54. Since then, price has been trading within a **bearish range**, forming consistent lower highs and lower lows. 2. Key Technical Zones *Supply Zone:$116,250 – $116,365.54 This is a key resistance area where selling pressure was previously dominant. *Demand Zone: $114,167.58 – $114,698.53 This zone may act as support and is a potential area for bullish reaction if price retraces lower. *Unfilled Zone: Below $114,167 Represents a price inefficiency (also referred to as imbalance or FVG) that may draw price further down if the demand zone fails to hold. 3. Price Action Overview * The market has transitioned into a **bearish range** post-BOS, indicating that intraday momentum currently favors sellers. * A **short-term risky short setup** is noted near $115,540. However, due to its proximity to the BOS and potential retracement, this setup is considered high-risk. * A potential **short-term target** has been identified at $114,560.32, located within the active demand zone, aligning with historical reaction levels. 4. Recent Price Behavior *Consolidation Phase: Price traded sideways in a range before the breakout, building liquidity on both sides. *Order Block (OB): A bullish order block was formed before the upward impulse; however, post-breakdown, it has been invalidated, reinforcing bearish sentiment. 5. Technical Outlook * As long as price remains below the BOS level at $115,662, the **short-term structure remains bearish**. * If price continues lower and enters the **demand zone**, the area between $114,560 and $114,167 could be tested. * A break and sustained move below the demand zone would expose the **unfilled zone**, increasing the probability of further downside. * Conversely, if price reclaims the BOS level and consolidates above $115,662, the bearish bias would be invalidated, suggesting a potential trend reversal. Final Thought: BTC/USD is currently trading within a **bearish intraday structure**, with lower timeframe dynamics favoring continued downside toward the $114,560 target. While short opportunities exist,
COINBASE:BTCUSDShort
by SmartEdgeTrading
XAUUSDHello Traders! 👋 What are your thoughts on GOLD? Gold has entered a corrective phase after printing a new high and is currently consolidating within a clearly defined channel. The price is fluctuating inside this channel and may even test the lower boundary before continuing higher. As long as gold remains within the channel, sideways to slightly downward movement can be expected in the short term. A bullish breakout above the channel would likely act as a trigger for the next impulsive move, potentially leading to a new all-time high. Wait for a confirmed breakout before entering long. Premature entries within the range may face choppy action. Don’t forget to like and share your thoughts in the comments! ❤️
FOREXCOM:XAUUSDLong
by HAMED_AZ
25
XAUUSD – Gold Eyes 3,700 Psychological LevelThe latest data shows U.S. jobless claims reached 263k, much higher than the forecast of 235k. This immediately pressured the USD while boosting gold as a safe-haven asset. In addition, the University of Michigan’s preliminary report on consumer sentiment and inflation expectations came out relatively stable, further strengthening gold’s appeal. Technical Outlook On the 4H chart, XAUUSD continues to move within a clear uptrend channel. The Price Box around 3,620 is acting as short-term support, while the psychological resistance at 3,700 remains the key barrier. If price sustains its rebound from this box, a breakout toward 3,700 is highly likely. With the current setup, the uptrend remains dominant, and traders should closely watch the 3,620 – 3,700 zone for opportunities.
OANDA:XAUUSDLong
by Rocky_trade_
2