Gold can Fail its Rally and Fall Towards 4125Hello traders, I want share with you my opinion about Gold. The market for Gold has been through a highly complex and volatile phase after breaking down from its prior upward channel. This led to a significant fall into the support zone, followed by a strong recovery that has since pushed the price of XAU above a major ascending trend line. Currently, the asset is undergoing a corrective pull-back towards this broken trend line, setting the stage for what I believe is a critical test. In my mind, the price action is setting up a potential 'bull trap'. I expect that the price will first make a correction to the trend line, find support, and then attempt another rally. I think this rally will be exhaustive and will fail upon reaching the 4280 mark. A confirmed rejection from that peak would signal a major reversal. The subsequent decline should have enough momentum to break the major ascending trend line. Therefore, I have placed my TP for this reversal scenario at 4125. Please share this idea with your friends and click Boost 🚀
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Short
EURUSD Short: Targeting the 1.1560 Demand ZoneHello, traders! The prior market structure for EURUSD was a complex downward wedge, from which the price eventually broke out and entered the current consolidation range. This range has been established between the 1.1795 supply 2 level and a demand zone at the lows, with the price action rotating between these two key boundaries.
Currently, the auction is at a critical inflection point. After bouncing twice from the demand zone at the bottom of the range, the price has rallied back up to test the key horizontal supply at the 1.1670 level. After a brief test, the price has been rejected from this area, showing that sellers are in control here.
My scenario for the development of events is a continuation of this decline from the supply level. I believe this rejection confirms the range is still active and that the next logical move is a rotation back down to the lows. In my opinion, the bearish initiative from this rejection will be strong enough to push the price to the demand zone. The take-profit is therefore set at 1.1560. Manage your risk!
How to Short Gold as a Stock Trader and Profit on the DropGold is at historically high levels due to several key factors
Geopolitical Tensions: Trade disputes, regional conflicts, and global uncertainty are pushing investors toward safe-haven assets like gold
Monetary Policy Expectations: Anticipated interest rate cuts reduce the opportunity cost of holding gold, making it more attractive compared to bonds or cash
Weakening U.S. Dollar: A softer dollar makes gold cheaper for international buyers, boosting demand
Central Bank and Institutional Demand: Many central banks are increasing gold reserves, and institutional investors are allocating more to gold as a hedge against economic instability
Market Sentiment and Speculation: Bullish sentiment and speculative positioning are adding upward pressure on prices
If these factors start to ease, such as trade tensions reducing (highly likely with the next Trump Tweet), interest rates staying the same or even rising (less likely), or the dollar strengthening (likely), gold could start to pull back and given how aggressive its run has been, it could be a significant pull back.
For investors looking to profit from declines, inverse gold ETFs provide a way to benefit when prices fall, offering a strategic tool for hedging or directional trading.
They are a MUCH riskier type of trade - especially leverage ETFs so please do your research beforehand and definitely do not invest any money you can't do without if it all goes horribly wrong and Gold does indeed continue to head up past $5k.
Crazy times - hence probably why Gold is doing so well.
Buyer / bear - beware :)
USDCAD Will Go Lower! Short!
Here is our detailed technical review for USDCAD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.404.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.401 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EURJPY What Next? SELL!
My dear followers,
I analysed this chart on EURJPY and concluded the following:
The market is trading on 176.39 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 176.05
Safe Stop Loss - 176.59
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Can USDJPY Hold Below 152.000? Sellers on WatchHey Traders,
In today’s session, we’re monitoring USDJPY for a selling opportunity around the 152.000 zone.
The pair remains within a broader downtrend, and current price action shows a corrective move approaching a key resistance area.
A rejection from this level could reaffirm the prevailing bearish momentum, while a breakout above may challenge the current trend structure.
Trade safe,
Joe.
EURUSD: Down Trend will Continue in ChannelHello everyone, here is my breakdown of the current Euro setup.
Market Analysis
EURUSD has shifted to a bearish structure. This happened after a 'fake breakout' to a new All-Time High was aggressively sold off, leading to a sharp reversal. This sell-off has since been contained within a well-defined Downward Channel, creating a series of lower highs and lower lows.
Currently, the price is in a corrective rally phase. After finding support near the 1.1550 level, the price has bounced and is now directly testing the descending resistance line of this channel. This is a critical area where the dominant downtrend could resume.
My Scenario & Strategy
I'm looking for the price to complete this corrective rally, possibly with one small final push higher, and then show a clear sign of rejection from the resistance line. This failure to break out would be the key signal that sellers are stepping back in.
Therefore, the strategy is to watch for this rejection. A confirmed reversal would validate the short scenario. The primary target for the subsequent decline is 1.1525, aiming for a new low within the channel's structure, near the Support zone.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
GBPUSD: Forecast & Technical Analysis
Looking at the chart of GBPUSD right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
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GBPUSD within Bearish StructureHi Traders!
With price failing to swing higher I'm still seeing it's within bearish structure. The 1.35000 area looks like a strong resistance/supply zone. If price fails to break and close above it, that reinforces my bearish bias.
As of now, the current bounce looks corrective- possibly a retracement toward the 1.3500 zone before sellers step in again.
If price rejects near 1.35000 and continues to break below, then the next level I'd be considering would be 1.30000.
In addition, DXY is sitting at a higher low zone on a higher TF. It hasn't broken its longer-term uptrend yet. The price action looks like it's attempting a base/reversal. If it holds within 98.000-98.500 and starts pushing up, that could align with GBPUSD weakness.
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
EURAUD: Bearish Continuation & Short Trade
EURAUD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell EURAUD
Entry Level - 1.7977
Sl - 1.8009
Tp - 1.7921
Our Risk - 1%
Start protection of your profits from lower levels
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EURJPY Will Go Down! Sell!
Take a look at our analysis for EURJPY.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 176.242.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 175.779 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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Bearish Divergence still at playThe momentum hasn't been great on weekly. Multiple bearish divergence were in play, right before tarrif shock and a few after some runners but it just lead to more inconsistent and weak ath.
4h/daily tf shows a bull and bear trap widening pattern. Unfortunately bulls got hurt the most.
I'll be bullish once weekly RSI breaks the divergence.
EURUSD The Target Is DOWN! SELL!
My dear subscribers,
This is my opinion on the EURUSD next move:
The instrument tests an important psychological level 1.1657
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1623
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
BITCOIN SHORT FROM RESISTANCE
BITCOIN SIGNAL
Trade Direction: short
Entry Level: 111,579.80
Target Level: 109,830.73
Stop Loss: 112,744.35
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USD/CAD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
We are now examining the USD/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.396 level.
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EURUSD Short: Trend Continuation After BreakdownHello, traders! The prior market structure for EURUSD has shifted to a bearish bias following a major reversal from the supply 2 level near 1.1835. The failure of a prior ascending channel initiated a new downtrend, which has been guiding the price auction lower through a series of complex breakdowns and consolidations.
Currently, the price action has shown significant weakness by breaking below the key horizontal support at the 1.1580 level. After multiple failed attempts by buyers to hold this level, sellers have successfully pushed the price below this critical area. The auction is now in a corrective pullback, approaching this broken support level from below for a classic retest.
My scenario for the development of events is a continuation of the downtrend. I believe this rally is a corrective retest that will fail upon reaching the 1.1580 level, which should now act as strong resistance. In my opinion, a confirmed rejection from this area will validate the bearish control and trigger the next impulsive move down. The take-profit is therefore set at 1.1510. Manage your risk.
EURUSD: Downtrend will Continue in ChannelHello everyone, here is my breakdown of the current Euro setup.
Market Analysis
The price action has been clearly bearish, with the market being guided lower by a well-defined Downward Channel. This structure has been in place for some time, creating a series of lower highs and lower lows after a failed breakout above the 1.1775 Resistance.
Currently, the price is in a corrective rally after a 'fake breakout' below the major 1.1575 Support. This bounce from the lows is now carrying the price back up towards the upper boundary of the Downward Channel, which is a key area to watch for seller activity.
My Scenario & Strategy
My scenario is based on the expectation that the dominant downtrend will continue. I'm looking for this corrective rally to complete as it reaches the descending resistance line of the channel. The key signal would be a clear and strong rejection from this dynamic resistance, indicating that sellers are stepping back in to defend the trend.
Therefore, the strategy is to watch for this rejection. A confirmed failure to break higher would validate the short scenario. The primary target for the subsequent decline is 1.1550, which is located within the major Support zone.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
EURCAD: Expecting Bearish Movement! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURCAD pair which is likely to be pushed down by the bears so we will sell!
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SPY | Things Could Get Ugly | ShortSPDR S&P 500 ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the "Portfolio"), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.
EURUSD: Bearish Continuation
Balance of buyers and sellers on the EURUSD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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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.
GBPNZD My Opinion! SELL!
My dear friends,
GBPNZD looks like it will make a good move, and here are the details:
The market is trading on 2.3415 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2.3361
Recommended Stop Loss - 2.3445
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBPCAD: Short Signal Explained
GBPCAD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GBPCAD
Entry - 1.8766
Stop - 1.8787
Take - 1.8730
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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