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Parallel Channel

How far does gold grow?Hello friends Well, you see that after almost 4 years of suffering, gold has broken its suffering and has had a good rise. Now, the support areas have been identified, which I obtained with Fibonacci. You can see the resistances of gold, which are currently at important resistance, but in this strong upward trend, it is not logical and principled to think about selling, and we should try to enter the price pullbacks. Numbers that can be good support in order. 3800 3500 3300 . Now what do we do if the resistance breaks? Well, the same resistance becomes our support and we can use it. Given the great growth that the price has had, it is expected that we will have a correction or that the price will rest. *Trade safely with us*
FX:XAUUSDLong
by TheHunters_Company
Gold can be Rejected from Channel ResistanceHello traders, I want share with you my opinion about Bitcoin. The market context for Gold has been strongly bullish since the price action broke out of a prolonged consolidation range that was based in the 3325 buyer zone. This structural shift initiated a new uptrend, with the price action for XAU having been guided higher within a well-defined upward channel. The asset has shown significant strength, breaking through multiple levels, including the current support level at 3845. Currently, after completing a strong impulsive wave, the price is trading very close to the resistance line of this upward channel, consolidating near the highs. In my mind, this is a logical area for the bullish momentum to pause and for a correction to begin. I expect the price to soon be rejected from this channel's upper boundary and initiate a new corrective swing to the downside. I think a confirmed reversal from this area would validate the short scenario. Therefore, I have placed my TP at the 3845 level, targeting the recent breakout area, which should now act as the first major support. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDShort
by LegionQ8
14
AUDUSD | Sliding Door Moment Below 0.6550The Aussie’s drop below 0.6550 wasn’t on many radars a month ago. A resurgent USD and renewed US–China trade friction have flipped the tone, leaving AUD at a critical crossroads. Technical Lens: AUD/USD sits just under key support near 0.6550 — a zone that could define whether the pair stabilises into year-end or slides toward the 0.62 handle. Momentum remains fragile, but oversold signals are emerging on shorter timeframes. Scenarios: The Calm Returns: A diplomatic thaw or tariff pause could lift sentiment and reopen the path toward 0.68 by December. Controlled Chaos: Ongoing noise without escalation keeps AUD capped near 0.66 as the Fed easing cycle does the heavy lifting. Fractured Trade Front: A full tariff hike wave risks dragging AUD/USD toward 0.62 as RBA easing expectations rise sharply. Dollar Backfire: An aggressive tariff shock could first hit AUD, then spark a USD selloff that flips the script back toward 0.67. Catalysts: Watch for headlines ahead of the Trump–Xi summit in South Korea (Oct 31), China’s next PMI prints, and RBA guidance into November. Takeaway: AUD/USD is sitting on a fault line — 0.6550 is the pivot between relief and renewed trade-driven stress.
by Alchemy Markets
Gold Near $4,100 PRZ – Time for a Reversal?Just like we discussed last week, Gold ( OANDA:XAUUSD ) moved exactly as expected and hit its targets . Now, as we start the new week, Gold is continuing to form a New All-Time High(ATH) and is currently near a Potential Reversal Zone(PRZ) and the $4,100 round number . From an Elliott Wave perspective , it looks like Gold is completing wave 5, which could top out in this PRZ. We’re also seeing a Regular Divergence(RD-) between the two consecutive peaks , which suggests that Gold might start a correction soon. I expect Gold to begin a correction and at least drop down to the lower line of the ascending channel after breaking the Support zone($4,061 – $4,041) . Note: If Gold breaks the lower line of that ascending channel, we can expect further downside. Note: Also, keep in mind that Powell speaks tomorrow, which could influence Gold’s movement. As I mentioned, a bullish DXY outlook could also help push Gold lower. Second Target: $3,963 Stop Loss(SL): $4,153(Worst) Please respect each other's ideas and express them politely if you agree or disagree. Gold Analyze (XAUUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
27
GOLD → Correction to 4090. What could this mean?FX:XAUUSD , after updating its high to 4180, formed a correction and descended to the support zone of 4090, forming an intermediate bottom. We have a trading range... Key drivers: China has introduced controls on rare earth metal exports, and the parties are holding consultations. A meeting between Trump and Xi Jinping is scheduled for the end of October. Expectations of two rate cuts before the end of the year are strengthening gold's position. The ongoing government shutdown is fueling demand for safe-haven assets. Today, attention is focused on Powell's speech, which could set the tone for the market. The bullish trend for gold continues. The absence of bearish factors and ongoing macro risks continue to push the price up. Corrections are seen as an opportunity to buy. Resistance levels: 4150, 4180 Support levels: 4117, 4090, 4059 The price is testing the 4150 liquidity zone, which could trigger a pullback within the range. A retest of support at 4117-4090 could support the market, and a change in imbalance could lead to another rally to 4180 - 4200 Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
37
AUDUSD – Confluence Buy Zone!AUDUSD is currently testing a major support confluence zone, where the rising blue trendline, the green demand area, and the lower boundary of the short-term red falling channel intersect. As long as price continues to hold above the 0.6450–0.6485 zone, the bullish outlook remains valid, and I’ll be looking for long opportunities from this area. A rebound from this level could trigger a move toward 0.6560, followed by 0.6620–0.6670, aligning with the upper boundary of the broader channel. However, a 4H close below 0.6425 would invalidate this bullish scenario and shift the focus toward the next support zone near 0.6380. ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
Long
by TheSignalyst
10
XAUUSD Short: Correction to 3920 Expected from the HighsHello, traders! The price auction for XAUUSD has been dominated by a strong bullish trend, which has been clearly defined by a large ascending channel. The market has consistently made higher highs and higher lows, breaking through key resistance levels like 3640 and showing that the buyer initiative has been in firm control of the trend. Currently, the auction has reached a major point of contention at the 4015 supply level. The price is consolidating here, right below the upper resistance line of the ascending channel, after a failed initial attempt to break higher. This area represents a significant test for the continuation of the uptrend. My scenario for the development of events is a 'blow-off top' followed by a correction. I believe the price will make one final push, breaking the 4015 level to touch the channel's upper resistance line. In my opinion, this move will be exhaustive, and a sharp reversal will occur from that line. The take-profit is therefore set at 3920, targeting a retest of the nearby trend line. Manage your risk!
FOREXCOM:XAUUSDShort
by heniitrading
11
XAUUSD Technical Outlook: Correction Within Ascending ChannelPrice: around $4,077.2. The price is moving inside an ascending channel, and it has just touched or slightly broken the upper resistance line. A pullback from this resistance level is likely, as shown by the blue arrow on your chart. The target (TAEGET) zone is highlighted between $4,020–$4,040, where price may correct before deciding next direction. Major support lies around $4,006.41 (blue horizontal line). 📉 Possible Short-Term Scenario Expect a pullback from the top of the channel toward the target zone (around 4,020). If the correction deepens, price could test the 4,006 level, which aligns with previous horizontal support and Ichimoku cloud support. A bullish rebound from 4,020–4,006 would confirm continuation of the uptrend. However, a break below 4,006 would invalidate the short-term bullish structure and may trigger a deeper drop
FX:XAUUSDShort
by LUCIFER_EARNING_CLUB
EURUSD → Bearish distribution to 1.1400FX:EURUSD continues its downward trend. The market structure is bearish (locally), and a breakdown of the nearest support level could intensify the sell-off, leading to new lows The dollar is rising, and the currency pair is changing its medium-term direction after breaking out of consolidation. The structure is weak, and the decline may continue to 1.14. The focus is on the current consolidation, which is forming against the backdrop of a downtrend. Consolidation below 1.1588 and a close below 1.1557 will confirm the strength of the sellers and, in turn, may trigger a decline to the liquidity zone of 1.146 - 1.1400 Resistance levels: 1.1588, 1.1630 Support levels: 1.1557, 1.1461 On D1, the market confirmed the trend reversal, with a bearish distribution forming locally. The liquidity zone that may be of interest to the market is below 1.140, so a medium-term move in this direction can be considered if the price closes below 1.1557 Best regards, R. Linda!
Short
by RLinda
5
GOLD → Ready for continued growth. Target 4100 - 4125FX:XAUUSD remains above $4,000, starting the week with a record high amid the escalating trade war between the US and China. Traders bought up all of last week's decline. Key drivers: Trump's new tariffs: Introduction of 100% tariffs on all Chinese goods and export controls on software from November 1. China is not sitting idly by: Restrictions on exports of rare earth metals and technologies. The ongoing shutdown and trade uncertainty are weakening the dollar. US inflation data (CPI on October 24) will be the first key release after the shutdown. Speeches by Fed officials may adjust rate expectations. Gold remains in an uptrend, but momentum will depend on the progress of trade negotiations. A breakout to new highs is likely if tensions remain high. Resistance levels: 4078, 4100, 4110 Support levels: 4059 A breakout of 4078 and a close above the key level could trigger a continuation of the growth to 4100. An additional scenario could be a correction to 4059 before further growth to 4100-4125. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
37
GADT LongNot only GADT broke its all-time high but also gave a channel breakout in July 25'. However, that breakout couldn't last long and turned into fake-out. Multiple reasons included a parabolic move, taking price action away from SMA-10, not so good result of Q4 and no dividend payout. Now the price has re-tested its all-time high breakout level, SMA-10 is now very near and all-time high volumes in July signal entry of some player. The next target will be channel top of 410, then recent high of 569, followed by all-time high breakout target of 600 and then ABCD pattern target of 750. This is my own opinion and not a buy / sell call.
PSX:GADTLong
by Forever-Learner
DXY: 100 on the Horizon as Trade Tensions Lift the DollarThe U.S. Dollar Index (DXY) is showing renewed bullish momentum as both technicals and fundamentals align to support further upside. Technically, the chart reveals a clear inverse head-and-shoulders pattern, with a confirmed neckline breakout above 98.50–98.70. This zone now acts as strong support, reinforced by the 20- and 50-day moving averages trending upward. Price remains well within its ascending channel, suggesting bullish structure remains intact. As long as DXY holds above 98.50, the path of least resistance points higher, with a medium-term target around 99.80–100.50 — a major resistance zone and psychological round number. On the fundamental side, escalating U.S.–China trade tensions — including Trump’s renewed 100% tariff threats and China’s warning of retaliation — have reignited safe-haven demand for the dollar. Meanwhile, weakness in the euro and yen adds further tailwinds to DXY’s strength. The combination of a bullish chart setup and a flight-to-safety narrative suggests 100 could be on the cards if the index continues to respect support and maintain momentum above the moving averages.
TVC:DXY
by Alchemy Markets
1
Us100 - Breakout Setup In PlayThe market has formed a rising channel after a significant bullish reversal marked by a Change of Character (CHoCH) and a Break of Structure (BOS). Price is currently consolidating near the midline of the ascending channel. 🔍 Key Insight: We're in a wait-and-watch zone — a breakout from this channel in either direction could set the tone for the next move. Trading Plan: Upside Breakout: Watch for a breakout above the upper boundary of the channel with strong bullish momentum. Target the projected move equal to the height of the channel. Downside Breakout: If price breaks below the lower channel support, expect a potential bearish move toward the lower target zone marked on the chart. Important: Wait for a clear breakout and confirmation before entering a trade. Avoid entering inside the channel to minimize risk from false moves.
CAPITALCOM:US100
by Hamza_Gold
XRPUSDT → Resistance at 2,700 could trigger a correction BINANCE:XRPUSDT is forming a correction after a strong sell-off. It is not yet worth hoping for strong growth without pullbacks, as there is a strong resistance zone ahead. The cryptocurrency market is recovering after liquidation. Bitcoin and XRP are approaching a strong resistance zone, where a correction may form. Technically, after two months of consolidation, the price broke through the support of the trading range, forming a breakdown of the structure. As part of the correction, the price is testing the liquidity zone of 2.7 - 2.7266, which may trigger a sell-off. Resistance levels: 2.7 - 2.7266, 2.8286 Support levels: 2.505 A sharp rise and the lack of technical potential to break through the resistance level of 2.70 may trigger a false breakout and a correction to the support level of 2.5050. Best regards, R. Linda!
Short
by RLinda
2
ZECUSD → The altcoin exception that is growingBINANCE:ZECUSDT withstood the blow of the global decline that affected the entire cryptocurrency market, liquidating long positions worth $10 billion. But even in such a situation, there can be exceptions ;) The cryptocurrency market is in panic and liquidation. Bitcoin is testing 100K amid massive liquidation. However, against the backdrop of the entire market, there are several coins that have withstood the blow, one of which is ZECUSDT, which is growing and testing resistance ZEC was also hit by the decline, but after testing the control point in the area of maximum volume density 145-155, the market aggressively and quickly bought up the altcoin, indicating bullish strength at the moment. Resistance levels: 280.30, 305.65 Support levels: 242.64, 208.76 Focus on the trigger at 280.26. If, during the current retest, the price does not form a deep pullback but continues to consolidate and storm the specified resistance, then the chance of a breakout will be high. A closing price above 280.30 - 280.50 could trigger a rally to 305 - 345. Best regards, R. Linda!
Long
by RLinda
12