Gold: Stretched, Channel Broken, First Real Pullback Next?1️⃣ Overview
Yesterday, Gold reached a new all-time high at 4061, marking the 8th consecutive ATH in 8 days. If we also consider that the yellow metal has been rising for 8 consecutive weeks, the bullish momentum is undeniable.
However, no market can rise indefinitely without pauses. Regardless of how strong the uptrend is, corrections are necessary, and I believe we are very close to one — if not already in it.
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2️⃣ Technical Context
After Friday’s low at 3820, Gold traded within an ascending channel, climbing around 2500 pips from bottom to top. This represents roughly a 6% increase, which is quite significant — especially coming after about a 15% rise in the previous 7 weeks.
Now, the channel has been broken, and Gold has entered a small correction toward the 4000 zone. At the time of writing, the market is rebounding, suggesting that bulls have not yet given up.
Still, this rebound looks more like the first sign of exhaustion than renewed strength. Even if bulls manage to push for another all-time high, the market structure is weakening.
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3️⃣ Key Zones to Watch
The 4000 level is now the main psychological area and the line in the sand, followed by the 3990 zone, which acts as technical support.
A sustained break below these areas could open the way for a sharper correction toward the 3900 region, which would still only scratch the surface of the broader rally.
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4️⃣ Market View
Of course, the bullish trend will remain intact on the medium term, but momentum is stretched, and a cooling phase looks increasingly likely.
I’m currently watching for potential selling points around yesterday’s highs, as the market starts to show its first signs of fatigue after an exceptional run.
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GBPUSD – Rebound Sold, Support Under PressureIn a recent analysis, I mentioned that GBPUSD looked ready for a decline, with 1.32 as a potential swing trader’s target. That view remains unchanged — and is now reinforced by the recent price action.
After finding short-term support around 1.3420, the pair rebounded yesterday, but this rebound was quickly sold, sending price back into the support zone.
Typically, this kind of repeated testing and failure to bounce leads to a downside break. Given both the time spent consolidating above support and GBPUSD’s volatile nature, a break below 1.34 could trigger strong acceleration toward the next key level at 1.3330.
This area could provide a valuable opportunity for short-term traders , which is precisely the reason for this update.
Bitcoin Outlook: Structure Intact, 140K Still on the TableIn my previous BTC analysis, I mentioned that a new all-time high was almost a certainty, with potential for a new leg up toward 140K–150K.
Indeed, BTC delivered — printing a fresh ATH, followed by a short and healthy correction.
At the time of writing, the price has reversed from just above 120K, showing strong demand.
Today’s daily candle displays a long lower tail, a clear sign of buying pressure, and could easily close as a continuation Pin Bar — signaling that bulls are still in control.
Key Zone to Watch
118K support – remains the line in the sand.
As long as this level holds, bulls have no reason for concern and the “buy the dips” strategy stays valid.
Outlook
Momentum remains bullish, structure remains intact, and the path toward 140K stays open — until proven otherwise. 🚀
EURUSD – Support Tested, More Downside ProbableIn my previous EURUSD analysis, I mentioned that there was a strong chance of a break below the 1.17 support zone, targeting 1.16 initially — and possibly even lower to 1.15.
The pair followed the plan perfectly, dropping to 1.16 as expected and currently trading just above this key level.
My outlook remains unchanged: while a short-term rebound from support is possible, it should be seen as a selling opportunity, not a trend reversal. The broader structure still favors further downside.
📊 Resistance: 1.17
📉 Bias: Bearish continuation remains likely
USDCHF – A Slow Mover Showing Big Signs of ReversalAlthough USDCHF is not the most volatile pair out there, it has been on my radar lately — especially after printing a low near 0.78, a level unseen since 2011.
Since June, the overall price action has been suggesting that we are approaching a major bottom. As shown on the daily chart, a falling wedge has developed over the past four months — a pattern that typically signals the end of a downtrend.
If we look closer, there’s even an argument for an inverted Head & Shoulders, with a descending neckline connecting the previous lower highs.
After the latest dip to 0.78, the pair bounced strongly, touched the neckline, and then consolidated for a few sessions — forming what looks like the right shoulder with a higher low structure.
Yesterday, USDCHF finally broke above the falling trendline, confirming the breakout. At this point, the odds favour a medium-term reversal.
• 🎯 First target: 0.8170 zone
• 🚀 Medium-term target: 0.83 area
That being said, my plan is simple:
→ Buy dips near 0.80 or slightly under, aiming for a 1:3 risk-to-reward setup.
The structure looks strong, the momentum shift is visible, and the timing couldn’t be better for a potential reversal.
AVAX – Retest in Progress Before the Next Push UpAfter breaking the key resistance zone at $26.60, AVAX surged strongly, reaching a high of $36.60 in one decisive leg up.
Now, the price is pulling back to confirm the breakout, approaching the previous resistance, which could now act as support.
This area represents a confluence zone, aligning with the rising trendline from June, and may serve as a strong accumulation level for bulls preparing for the next upward leg.
From a risk/reward perspective, this setup is also attractive, offering an estimated 1:4 ratio — a solid structure for a technical long entry.
I’m looking to buy around this zone, with expectations for a continuation toward new highs once confirmation appears. 🚀
DXY – The Road to 100 Looks ClearIn my previous analysis on DXY, I mentioned that as long as the 97.60 zone holds, there are strong chances for an upside move and a possible test of the 100 level.
Indeed, the index reversed perfectly from that support area and has now broken above the interim resistance around 98.60, trading close to 99 at the time of writing.
Over the last three sessions, DXY has also completed an inverted Head & Shoulders pattern, with the neckline breakout confirming the bullish structure.
From here, the path toward the 100 zone appears clear and technically justified.
I maintain a bullish bias for the U.S. Dollar Index, which naturally implies a bearish outlook for EURUSD and GBPUSD in the short term.
XAUUSD – No FOMO, No ProblemSince the beginning of October, I’ve argued that a correction in Gold should be next.
However, the market had other plans — this view didn’t materialize, and my three short trades ended with one winner, one break-even, and one stop loss, a big 0 overall...
So, am I upset for missing a 2,000-pip rally? Not at all.
This was a test of acceptance and a reminder that trading correctly matters more than catching every move.
Gold will still be here tomorrow — and if I don’t truly believe in a setup, there’s no reason to enter.
Technically speaking, Gold remains extremely bullish, but every move, no matter how strong, has an end somewhere.
Whether that top comes at 4050, 4100, or even 5000, no one can say with certainty.
For me, it’s simple:
If I don’t have a trade aligned with my conviction, I don’t trade.
As long as the upward channel remains intact, the trend stays bullish.
The key support is now around $4,000, and it will be interesting to see whether this level holds or if Gold will finally enter the much-needed correction phase.
For now, I stay out.
I don’t chase moves I don’t understand, and I don’t FOMO.
Call it caution, or even stupidit y — but a rise without correction is something I simply don’t trust. 🟡
USD/CHF: Bears Defending the TrendlineUSD/CHF continues to respect the descending channel structure that has been in place since mid-August.
After a short-term recovery, the price is now retesting the upper trendline resistance and the 0.8000–0.8020 supply zone, where sellers have previously stepped in.
Technical Outlook
Structure: Descending channel – clear series of lower highs.
Resistance zone: 0.8000–0.8020 (channel top + previous rejection zone).
Support zone: 0.7870–0.7840 (recent demand area).
Moving averages: Both 50 and 100 MAs are flattening but still below the resistance, suggesting limited bullish momentum.
Bias: Bearish below 0.8020 — expecting rejection and continuation to the downside.
Fundamental Context
Recent U.S. data has shown mixed inflation numbers, while Swiss CPI remains stable, reducing expectations for any SNB intervention.
The stronger Swiss franc remains supported by safe-haven flows amid global uncertainty.
Unless the U.S. delivers a clear upside surprise in macro data, the pair is likely to remain under pressure in Q4.
Trade Setup (Not Financial Advice)
Entry zone: 0.79700–0.79800
Stop-loss: 0.8020
Targets:
TP1 → 0.7900
TP2 → 0.7845
🧭 A break below 0.7930 would confirm bearish continuation within the channel.
Solana in an Ascending Channel – Bulls Must Hold Above 215After the strong correction from 300 to below 100, Solana finally started to recover. Following an impressive 90% rebound, the price corrected again but managed to form a higher low just above the 120 support zone — a constructive signal for medium-term buyers.
Since then, Solana has been trading inside an ascending channel, showing consistent bullish control with well-defined higher highs and higher lows.
Recently, the market spiked slightly below 200, only to confirm the lower boundary of this channel before bouncing back.
In my previous SOLUSDT analysis, I mentioned that it was imperative for bulls to hold the 200 level to validate the ongoing reversal structure — and that’s exactly what happened. The market respected this support zone perfectly, leading to a 15% advance since then.
At the time of writing, Solana is consolidating near the midline of the ascending channel, suggesting a temporary pause before the next potential leg higher.
If this consolidation breaks to the upside, the next key target for bulls is 260, a confluence resistance formed by the upper boundary of the channel and the November 2024 swing high.
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🔹 Summary
• Strong support: 200 (confirmed)
• Ideal bullish threshold: Above 215
• Next resistance: 260 followed by 300
• Structure: Ascending channel – continuation pattern
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In conclusion, Solana remains bullish while holding above 200, but ideally, the price should stay above 215 to preserve upside momentum.
A breakout above 240 would likely trigger a test of 260 followed by 300, which becomes very probable— the next key resistance zone. 🚀
Gold: The Higher It Flies, the Louder the Correction WhispersAs explained in my Sunday video, the new all-time high for Gold is not a question of if, but how high it can rise once it firmly breaks above 3900.
Indeed, Gold has continued its unstoppable march, printing ATH after ATH, with the latest one formed during today's Asian session at 3977 — another almost 1,000 pips gained since Friday’s close.
At this point, there are two undeniable facts every trader recognizes:
1. The trend is extremely bullish.
2. A correction is long overdue.
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Technical Outlook
The recent rally remains contained within an aggressive rising channel, but the overlapping highs in the last few hours reveal signs of exhaustion.
A confirmation for even a minor correction — and in this case, with Gold moving vertically, a 500-pip retracement would count as minor — would come with a break below the 3955–3850 zone.
Such a move would likely open the door for a retest of the 3900 area, which now serves as a key support.
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Trading Plan
At the time of writing, I’m holding a short position, fluctuating near entry, with small alternating gains and losses.
While I do expect a pullback, I also keep in mind Keynes’s timeless reminder:
“The market can remain irrational longer than you can remain solvent.”
That’s why my stop loss is tight, and my focus is on discipline over prediction.
EURUSD Analysis – The Calm Before the BreakIf we exclude the sharp spike down from early August and the spike up in mid-September, EURUSD has been stuck in a sideways range for nearly three months, between 1.1600 and 1.1800 — quite a narrow band, even for such a stable pair.
In the past week, this consolidation has tightened even more, with price action trapped inside a mere 50-pip range between 1.1710 and 1.1760.
This kind of prolonged congestion usually ends with only one possible scenario — a breakout.
• Upside scenario:
A clean break above 1.1760 could trigger momentum buying, opening the way for a move toward the 1.1900 spike high.
• Downside scenario:
A decisive drop below 1.1710 would likely confirm a continuation to the downside, with 1.1500 emerging as the natural target zone.
At the moment, I’m out of the market, but my bias leans toward the downside — patiently waiting for the stars to align before taking action. 🌘
TAO – Constructive Recovery and Key Levels AheadTAO made a significant low in April, just like most crypto assets. Interestingly, this low is perfectly aligned with the one from August 2024, suggesting a strong structural base in the market. From that point, price started to rise in a very constructive and orderly manner, confirming a shift in sentiment.
After the initial rally, TAO touched the 500 zone, a key psychological and technical level. As expected, the market corrected from there, dropping just below 300. What’s notable is that the recent low sits precisely around this 300 area, now acting as a strong support level.
At the time of writing, the price is around 350, currently testing the falling trendline from previous highs. If we see a confirmed breakout above this line, I expect acceleration to the upside, with an initial and conservative target around 500.
However, if momentum continues to build, the next significant resistance lies near the 700+ area, which could translate into a 100% gain from current levels — a solid move if the trend structure holds.
EGLD – Third Touch at $12 Support Could Ignite a Major ReversalEGLD has been on my radar for quite some time...
After forming a major low in April and rallying back toward the $22 zone, the coin pulled back again — effectively confirming that level as strong support.
By the end of September, price revisited the $12 area for the third time, and once again buyers stepped in decisively, triggering a solid rebound. Now, EGLD trades around $14, sitting just below a falling trendline that has capped upside momentum for months.
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Technical Outlook
• Support: $12 (triple-tested, major demand zone)
• Resistance: Falling trendline around $14–15
• Soft target: $22 (key resistance and prior reversal area)
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My Trading View
Given the strength of this repeated support and the contracting structure, I believe this trendline resistance is likely to break soon. If momentum follows through, EGLD could accelerate sharply to the upside, mirroring past explosive moves.
The setup remains constructive — buying dips above $12 could offer a strong risk–reward opportunity heading into the next leg higher.
Uniswap Holding above $7 — Bullish Setup AheadAfter the massive 90% drop from its 2021 peak, Uniswap has been consolidating within a wide range. Each attempt to break higher has so far been followed by a return toward the lower end of the structure — a clear sign of prolonged accumulation.
What’s particularly interesting is how the $7 zone has consistently acted as a median level. Every time price dipped below it, UNI found demand and reversed back up. Recently, a solid support base has been confirmed around $5, further strengthening the bullish technical structure.
With the majority of altcoins now positioned for potential upward continuation, Uniswap could also be preparing for a significant leg higher, with a medium-term target around $14 per coin.
However, negation of this bullish setup would come with a clear breakdown below the $7 zone, which could open the way for a retest of the $5 support once again.
From a trading perspective, this setup offers an attractive 1:5 risk-to-reward ratio, making it an opportunity worth keeping on the radar — provided the $7 level holds.
BTC Bulls in Control: 140K–150K Next?In my previous BTC analysis, I mentioned that 125K was the next target and that as long as 112K remains intact, bulls have nothing to worry about.
Since then, the price continued its ascent and is now flirting with the all-time high.
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1️⃣ Is BTC Going to Make a New ATH?
From my point of view, it’s no longer a question of if , but how high it can go.
The trend is strong, momentum is building, and technically, we’re entering uncharted territory.
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2️⃣ T echnical Context
After nearly three months of consolidation, clearly visible on the weekly chart, the breakout above the rectangle pattern gives us a measured target around 140K.
That’s the logical projection based on structure and continuation strength.
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3️⃣ Can BTC Reach 150K?
Absolutely possible.
That’s only about a 20% move from current levels, and for Bitcoin, such moves are almost routine.
As long as 112K support holds, bulls remain fully in control.
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Conclusion:
BTC seems ready to explore new highs.
Now the only question is — how far can this go? 🚀
Litecoin Ready to Explode After 3 Years of SleepIn recent years, with the flood of new crypto projects, Litecoin has quietly faded into the background.
Since the local low in May 2022, the price action has been rather lethargic, contained within a well-defined range between 60 and 130 USD.
However, since April 2025, something interesting has been happening — Litecoin seems to be waking up, quietly and almost secretly, as if not to attract too much attention.
From that point onward, LTC/USD has been steadily printing higher lows, and if we zoom out to the longer-term chart, the structure looks remarkably clean — almost textbook — for a potential breakout setup.
Even recently, after another touch of the resistance zone, the correction that followed took the form of a bullish flag, and last week’s strong engulfing candle practically erased an entire month of pullback, now pressing once again against the key resistance level.
In my opinion, it’s time for this cryptocurrency to wake up.
A clear break above 130 would be a strong technical confirmation of that view.
While Litecoin might not deliver the “10x hype” potential that newer tokens promise, it has consistently proven to be one of the most stable and resilient assets in the crypto space.
After three years of accumulation, a breakout could easily trigger an explosive move to the upside.
📈 I’m personally buying Litecoin, with a target around 300 USD in the medium term.
Sometimes, the coins everyone forgets about are the ones that surprise the most. 🚀
ICP: False Break, Bullish Reversal in PlaySince the low from early April, ICP has traded within a well-defined range between $4.5 and $6.0.
Recently, the price broke below the range support, reaching as low as $4.0, but this move lacked follow-through. Instead, ICP quickly rebounded — a classic false break signal.
This rebound also resulted in a break above the descending trendline that started in mid-August, giving the chart a decisively bullish tone.
At this stage, all signals point toward further upside continuation, with the upper boundary near $6.0 as the first natural target.
However, considering that false breaks in one direction often lead to real breaks in the opposite, there’s a strong possibility that ICP could break above $6.0 in the medium term, potentially accelerating toward the key $10.0 zone.
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✅ Key Takeaways:
• Range: $4.5 – $6.0
• False break below $4.0 reversed quickly
• Trendline from August broken to the upside
• Bullish outlook → targets $6.0 and possibly $10.0
Ethereum: Bulls in Control, But Time for a BreatherIn my previous ETH analysis, I pointed out the high probability of a false breakdown under the 4100 technical support and the 4000 psychological level.
The reasoning was simple: during the strong bull leg from 1350 to 4900 (since April), ETH had already shown this type of price action twice.
That call proved correct. ETH reversed higher, hit my 4400 target, and even pushed further, printing highs close to 4600.
Now, after a nearly 15% rise since last Friday, the market may be due for a pause — a chance to consolidate or correct part of the gains.
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Technical View
• Support: 4300 is the key level. As long as this holds, bulls remain in control.
• Resistance: Immediate pressure sits near 4600, the recent top.
• Structure: The trend remains strong and healthy, but after such a rapid move, short-term cooling is normal.
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Trading Plan
The strategy remains simple: buy dips against 4300.
As long as that support is intact, ETH’s bull case stays firmly alive. 🚀
Gold: Start for a Meaningful Correction?Since Monday, I’ve been writing about the high probability of a correction after Gold’s impressive rise that started on 20 August.
My point was simple: even the strongest bullish trends are not one-way streets — retracements are part of the journey.
Yesterday proved that idea once again. After initially finding support near the 3860 zone, Gold staged a weak bounce, even printing a fresh but fragile ATH.
However, that move was quickly reversed as sellers stepped in aggressively, triggering four consecutive hours of selling, almost a mirror image of Tuesday’s drop.
From the local low at 3818, Gold managed a rebound and, at the time of writing, trades around 3846 — a natural recovery after such a sharp decline.
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The Bigger Picture
The broader trend is undeniably bullish, and I don’t expect that to change anytime soon. But a more meaningful correction looks increasingly likely in the coming days.
Why do I call it meaningful? Because if we zoom out on the daily chart, we see that since late August, Gold has been in a near straight-line rise. Apart from a two-day pullback in mid-September and a minor setback on the 24th, every dip has been shallow, intraday, and quickly erased.
This type of price action cannot last forever. Markets need breathers, even in uptrends.
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Key Technical Levels
• Resistance: The 3900 zone now acts as a strong ceiling, capping bullish attempts.
• Support: Bears could eye the 3790 zone first, with the potential for a deeper move toward 3700 if pressure intensifies.
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Trading Plan
The strategy, in my view, remains unchanged: sell rallies until a proper correction develops.
The big trend is still bullish — but even bulls must allow the market to breathe. 🚀
Rare Sell Opportunity on Bitcoin , target 114KBitcoin is currently approaching the 124,000 – 124,500 zone, which represents its all-time high and the strongest resistance level the market has ever seen.
From a technical perspective, this zone provides a golden and rare opportunity to enter a short trade, based on the following:
Price reaching an unprecedented all-time high.
Clear overbought signals on momentum indicators (RSI – MACD).
High probability of a significant profit-taking move from these levels.
🎯 Trading Plan:
Short entry: 124,000 – 124,500
Main target: 114,000
Stop-loss: Above 125,000
⚠️ This is not financial advice, but rather a personal technical analysis based on current market conditions.
Bitcoin Harmonic Pattern , Target 105,000On the daily chart of Bitcoin, we can see the formation of a Gartley Pattern, one of the most well-known Harmonic Patterns. These patterns rely on Fibonacci Ratios and are typically used to anticipate a trend reversal after a strong move either upward or downward.
Recently, Bitcoin has reached a very important resistance zone between $120,000 – $121,000. The completion of the Gartley pattern in this zone increases the likelihood of a bearish correction.
Factors supporting a downside move:
Harmonic Pattern – Gartley: Completion at resistance provides a reversal signal.
PRZ (Potential Reversal Zone): Located near $120K.
Technical Indicators:
RSI shows overbought conditions, suggesting buying pressure is weakening.
MACD is close to a bearish crossover, another negative signal.
Volume: Buying volume is declining at recent highs, which often signals a distribution phase by large players and institutions.
📉 Support Levels:
The main target for the pattern is $105,500, a strong support level where price previously rebounded.
🎯 Trading Plan (Expected Scenario):
Potential Entry Zone: Between $120,500 – $121,000 (near resistance).
Targets (Take Profit):
TP1 = $114,000
TP2 = $110,200
TP3 = $105,500 (main target).
Stop Loss: Daily close above $121,800.
✅ Conclusion:
Bitcoin is currently at a very critical level, with the Gartley pattern completing right at resistance, combined with weakening technical indicators and declining volume. This supports the idea that the market may enter a short-to-medium term bearish correction with gradual downside targets ending near $105,500.
At the current zone, this is not considered a safe buying opportunity. Instead, it looks more like a selling opportunity or a case for waiting until price corrects to more favorable levels.
👍 Don’t forget to boost this trading idea if you found it helpful,
and follow me for more daily crypto insights and trade signals.
⚠️ Please note:
This is not financial advice – I’m only sharing my personal trades.
Always do your own research before taking action.
Best of luck 🌹
New ATH, Same Fragility – Why I’m Still Selling Gold RalliesYesterday’s Picture
Gold opened the month with strength, pushing into uncharted territory and printing yet another all-time high, just shy of the 3900 figure. However, momentum faded quickly, and the market corrected lower, currently holding around the 3860 support zone — roughly 300 pips under the peak.
2. Key Question
Has the correction already played out, or are we just at the beginning of a deeper move?
3. Why I See More Downside Ahead
• Fragile bids: Looking back just two sessions, Tuesday’s sharp intraday selloff highlighted how quickly buyers can step aside at these stretched levels.
• Short-term technicals: Price is still above immediate support and the rising trendline, keeping the structure bullish on paper — but this doesn’t erase the vulnerability.
• Risk/reward misbalance: Buying directly into support after a fresh ATH might look attractive, but the risk of a sharp drop outweighs the potential reward.
• Bigger picture context: Even if gold spikes once more to marginal highs, the corrective leg is unlikely to be over — in fact, it may only be starting.
4. Trading Plan
My strategy remains unchanged: sell rallies. I’ll be watching for short-term strength to fade, especially around intraday resistance zones. For me, chasing longs here is not worth the exposure.
5.Final Thoughts
The market remains technically bullish until support breaks, but under the surface, gold is fragile. From my perspective, the real move is still to the downside — and patience will pay off. 🚀