GOLD (XAUUSD): Market Outlook & Short Update
Regarding Gold.
I received multiple requests to provide the update after
the price bounced to a target level, as I predicted earlier on Sunday.
At the moment, we see a perfect example of a consolidation.
The price is trading within a horizontal parallel channel - range.
As always, the market will most likely continue staying within that till the release
of important high impact news.
The closest ones we can find in the economic calendar.
Tomorrow we are expecting US GDP and Personal Spending Data.
For now, probabilities will be high that a consolidation will continue.
Consider looking for trading opportunities from the boundaries of the range.
After a news release, a breakout of the range will provide a strong confirmation
and accurately indicate the future direction of the market.
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Rectangle
DOT RectangleBITGET:DOTUSDT has been trading in a rectangle since October 2023, with important key levels dating all the way back to May 2022. It also recently broke support, swept liquidity to $3.3 and reclaimed the demand zone, setting itself up for a potential rebound.
Key Levels to Watch
• $3.5-$4.0: Main demand zone
• ~$7.5: Rectangle midline + key S/R dating back to May 2022, could act as a strong resistance
• $10-$12: Main supply zone
Potential targets
Measured rectangle targets
• Breakout: $20
• Breakdown: $1.0
Other Considerations
Another laggard, similar to Filecoin ( ).
While it's still unclear whether these coins are rebounding or heading for a breakdown, they could offer some of the highest R/R potentials for longs, and they have very clear invalidations.
Triggers
• My long trigger for Polkadot would be a break above the 50-day EMA and the demand zone (~$4.0).
• Invalidation (and short trigger) would be a sustained break below $3.5 or a lower low below $3.3.
CORE Rectangle BreakoutBITGET:COREUSDT appears to be breaking out of a 2 1/2 months long rectangle, and is currently challenging the 100-day EMA.
Confirmation: Daily close above $0.58
Invalidation: Break back below the rectangle resistance
Target: Previous support at $0.77 (resistance reinforced by 200-day EMA)
Gold Market Outlook - Gold BearishGold is currently in a consolidation phase, trading within a range of $3,280 to $3,360. We are closely monitoring for a breakout in either direction.
Based on current technical analysis, there is a higher probability of a downside breakout below the support level of $3,280. If this support is breached, we may see the following downside targets:
Target 1: $3,270
Target 2: $3,260
Target 3: $3,250
Target 4: $3,240
Traders are advised to plan their positions accordingly, keeping risk management in focus.
Senior (SNR) LongSNR is coming off a range support.
Price has been ranging since 2021 and has formed a horizontal channel between 115 and 185.
I expect price to make a move to the range resistance area and possibly break higher.
From a fundamental point of view:
✔ Revenue has increased year-on-year
✔ Gross and net profit margins are steady
✔ The company has sufficient cash and assets to meet its liabilities
My only concern is margins are tight. If margins fall any lower, I will immediately close my positions.
EURAUD, 68% FIb retracement completed, Buy setupFundamental Analysis
1. Seasonality shows bullish momentum in EURAUD from 10 Apr to Mid of May
2. COT data shows net positions reduction in AUD while Increasing in EUR
3. Overall score of EUR is bullish and AUD is bearish
Technical Analysis
1. EURAUD broke 2 year Rectangular consolidation box
2. strong breakout appear
3. Bulls are in charge
4. 68% fib retracement completed
5. Look for 2 setups
i. if breakout above sideways region then buy setup 2
ii. If breakdown, then look for setup 1
GBPNZD, Bullish Trend, Trendline, Consolidation, Seasonalityfundamental Analysis
1. Overall fundamentals shows bullishness in GBP while NZD is somewhat on weaker side
2. Seasonality shows Bullish trend in GBPNZD from start of May till Mid
Technical Analysis
1. Bullish Trend with trendline retest
2. Bullish divergence on 4h
3. consolidation at bottom
4. Buy on breakout above consolidation rectangle
5. SL below rectangle
CADCHF: Bullish Continuation After Consolidation 🇨🇦🇨🇭
CADCHF was accumulating for more than a week within a horizontal
range on a daily time frame.
With a strong bullish movement, its resistance was violated yesterday.
The price may grow much more now.
The closest resistance - 0.608
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FIL RectangleBINANCE:FILUSDT has been trading in a rectangle since August 2022. It recently below the demand zone, swept liquidity to $2 and regained support.
Key Levels to Watch
• $2.4-$3.0: Support and multi-year demand zone, recently tested and regained.
• $10.5-$11.8: Resistance and multi-year supply zone.
Measured Rectangle Targets
• Breakout: $20.0, also a support dating back to December 2020.
• Breakdown: $0.5
Filecoin is still lagging behind other alts, but, if you're looking for something you don't need to chase, it could already offer a nice long entry, with interesting R/R and a clear invalidation (lower low below $2.0).
PI UPDATEHello friends
According to the triangle pattern that the price has formed, you can see that we had a decline and after that the price has managed to create a small ascending channel that indicates the inflow of money and we can expect the price to grow to the ceiling of the channel within the channel itself and in case of failure in the lower ranges, other buying steps have been identified.
*Trade safely with us*
ICON — Breakout from Rectangle with H Projection Targeting $700ICON (3D) — Technical Structure Analysis
ICON has broken out from a prolonged horizontal rectangle pattern ($380–$540). The move activated a measured move structure with two H-sized waves. The first H was completed. The second H projects a move to the $700 area.
Key points:
-Confirmed breakout from range
-First H = 153 pts, completed
-Second H = 162 pts, targeting $700
-Price holding above breakout zone ($515–$541)
ICON has moved out of accumulation and entered trend expansion. As long as the support holds, the scenario remains valid. The technical model targets the $700 area.
APL Apollo Tubes | Trading AnalysisThe chart for APL Apollo Tubes shows a significant price movement over the past few years, with a notable peak around mid-2024 followed by a downward trend as of April 18, 2025. The stock reached a high of approximately INR 1,800 before declining to its current level near INR 1,594.
Investor Holdings
Franklin Templeton: Increased holdings from 1.2% (2024-12) to 1.42% (2025-03)
Government of Norway: New 1.8% stake in 2025-03.
Vanguard Funds: New 1.0% stake in 2025-03.
These changes in institutional holdings could signal a positive long-term outlook despite the recent price drop.
Watch for a breakout from the #BANKUSDT📍 The price of MEXC:BANKUSDT.P is approaching the apex of the pattern — a breakout from consolidation is expected soon. The main scenario favors a downward breakout, with a short opportunity if confirmed.
📍 Important note: ➡️ Don’t rush the entry! Wait for a clear breakout from the pennant and confirmation of the direction.
📍 Beware of fakeouts — the key to success lies in confirmation with candle closes and volume.
📉 SHORT MEXC:BANKUSDT.P from $0.04118
🛡 Stop loss: $0.04284
🕒 Timeframe: 1H
📢 Overview:
➡️ The main structure of MEXC:BANKUSDT.P remains bearish, showing consolidation after a drop.
➡️ A break below the $0.04118 support will trigger the Bearish Pennant pattern.
➡️ Volume increase on the breakout will confirm sellers' dominance.
🎯 TP Targets for SHORT:
💎 TP 1: $0.04010
💎 TP 2: $0.03900
💎 TP 3: $0.03815
📢 Entry conditions for MEXC:BANKUSDT.P :
Enter only after a clear breakdown and candle close below $0.04118, ideally with volume confirmation.
📢 If the price holds above $0.04588, the structure may be invalidated, and the short scenario should be reconsidered.
📈 LONG MEXC:BANKUSDT.P from $0.04652
🛡 Stop loss: $0.04501
🕒 Timeframe: 1H
📢 Overview:
➡️ Price is compressing inside a Bearish Pennant, but there is still potential for a fake breakout upward.
➡️ A breakout above the pennant on strong volume may lead to a bullish impulse.
➡️ The $0.04652 level is key for a long entry after confirmation.
🎯 TP Targets for LONG:
💎 TP 1: $0.04760
💎 TP 2: $0.04870
💎 TP 3: $0.04970
📢 Entry conditions:
Enter only after a confident breakout above $0.04652 and a solid candle close (preferably with high volume).
🚀 Watch for a breakout from the MEXC:BANKUSDT.P structure and trade only in the confirmed direction. Either way — there is good movement potential and the R/R ratio is solid in both directions!
US500's performance this week will be crucial in determiningUS500 Weekly Analysis
The US500 index is currently exhibiting bearish tendencies, but a crucial level to monitor is $5491. This level has the potential to act as a resistance point, and we're looking for a possible selling opportunity around this area. However, if the market breaks above $5491, it could signal a shift in bias towards bullish territory, potentially leading to a significant upward move.
Key Levels to Watch:
1. Sell Zone: $5491 - This level is critical in determining the next move. We'll be watching for confirmation to sell, such as bearish candlestick patterns or trend indicators.
2. Resistance Area: $5730 - $5790 - A strong resistance zone that could potentially cap upward movements.
Trading Strategy:
1. Wait for Confirmation: We'll wait for the market to reach the $5491 level and look for confirmation to sell. This could include bearish candlestick patterns, trend indicators, or other technical signals.
2. Breakout Scenario: If the market breaks above $5491, we'll reassess the bullish potential and look for opportunities to buy.
3. Risk Management: It's essential to manage risk effectively, setting stop-losses and take-profits according to our trading plan.
Market Outlook:
The US500's performance this week will be crucial in determining the next direction. We'll be monitoring the market closely, analyzing price action, and providing updates on any developments. Stay tuned for our analysis and guidance on potential trading opportunities.
By keeping a close eye on these key levels and waiting for confirmation, we can make more informed trading decisions and navigate the markets effectively.
NESTLEIND - Range Bound -Box BreakOut -DailyThis is a technical analysis chart of **Nestle India Ltd. (NSE: NESTLEIND)** on a **daily timeframe**, and here's a breakdown of what it's showing:
---
### 📊 **Price Action and Pattern**
- **Range Bound (Accumulation)**: From around **November 2024 to mid-April 2025**, the price was consolidating between approx **₹2,135 (support)** and **₹2,342 (resistance)** — a classic **rectangle consolidation pattern**.
- **Breakout**: The stock has recently **broken out of this range** and is currently trading around **₹2,416.60**, suggesting a **bullish breakout**.
---
### 🔍 **Measured Move**
- The chart shows a **measured move target**:
- Rectangle height: ~**₹210.85**
- Breakout level: ~**₹2,342**
- **Target price** after breakout: ~**₹2,555.75** (highlighted in green)
This implies a potential **upside of 9%** from the breakout level.
---
### 🔊 **Volume Analysis**
- Noticeable **increase in volume during the breakout**, which confirms the **validity of the breakout**.
- Volume spikes have historically aligned with key price movements in this stock.
---
### 📌 **Key Levels**
- **Support**: ₹2,342 (previous resistance), and below that ₹2,135
- **Resistance**: ₹2,555, and further up at ₹2,765 – ₹2,778 (previous highs)
---
### 🧠 **Conclusion**
- **Bullish bias** post-breakout from the rectangular base.
- Potential for move towards **₹2,555**, with **volume support**.
- Traders might look for:
- Pullback to ₹2,342 for entry
- Tight stop-loss below support
- Target near ₹2,555 or partial booking en route
---
HDFC BANK: Consolidation Breakout of 48 months - is wait over?With Nifty reaching to 26k without the participation of HDFC bank made many investors un-comfortable.
However now, Looks like the wait is about to over as Monthly Consolidation for almost 48 Months - 4 years is visibly broken but yet to give confirmation on candle close.
If the April 2025 candle closes above consolidate area then it will further increase the possibility of 30% up move.
DISC: Only for education purposes. Please consult your financial advisor before making any decision.
Johnson & Johnson Wave Analysis – 18 April 2025
- Johnson & Johnson rising inside weekly price range
- Likely to test resistance level 165.60
Johnson & Johnson continues to rise in the primary upward impulse wave 3, which started earlier from the major support level 145.00 (lower border of the weekly sideways price range from 2023).
The upward reversal from the support level 145.00 previously formed the weekly Japanese candlesticks reversal pattern Hammer Doaji – which reflected the strength of this price level.
Johnson & Johnson can be expected to rise to the next resistance level 165.60, the upper border of the active sideways price range.