MU Micron Technology Options Ahead of EarningsIf you haven`t bought MU before the rally:
Now analyzing the options chain and the chart patterns of MU Micron Technology prior to the earnings report next week,
I would consider purchasing the 155usd strike price Calls with
an expiration date of 2025-10-17,
for a premium of approximately $9.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Signals
GBP/USD | Pound at 1.3535 – Watching for Deeper Drop! (READ)By analyzing the GBP/USD chart on the 4-hour timeframe, we can see that the price is trading around 1.3535. If it closes and holds below 1.3553, we can expect more downside.
The possible bearish targets are 1.3513, 1.3480, and 1.3473. The key demand zones are 1.3480–1.3500 and 1.3448–1.3460.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Gold Analysis – Is the Correction Over?Yesterday I maintained my bias that OANDA:XAUUSD correction could extend lower, with 3570 as the focus for the next swing low. I even sold rallies above 3640 zone with that scenario in mind.
However, after the CPI release, Gold dipped to 3620 zone but quickly recovered. That prompted me to lock in a modest 100 pips gain rather than fight the market.
A wise move in hindsight, since Gold is now back testing the 3650+ resistance zone.
So, is the correction finished?
➡️ Most probably, yes.
Here’s why:
• Bulls are defending the 3620 zone, stepping in strongly on dips.
• The chart is shaping into a rectangle, typically a continuation pattern, which suggests consolidation before trend resumption.
• Momentum is aligning again with the broader bullish trend.
Trading Plan:
• As long as 3620 holds, my strategy shifts to buying dips instead of selling rallies.
• A break above 3660 would open the path for continuation, with 3700 as the next bullish milestone.
The market has spoken – the correction seems to be losing steam, and the trend is ready to reassert itself. 🚀
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.
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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
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Gold | H4 Double Top | GTradingMethodHello Traders,
🧐 Market Overview:
Over the last 3 weeks, gold has rallied just under 10% — a massive move. While my longer-term outlook remains bullish, my system is currently flagging a potential short. On the 4-hour chart, a double top pattern is forming, signaling a possible pullback.
My system looks for rsi divergence, which is currently present. It also needs to see lower volume on the second top, also already confirmed.
My system has given the green light for opening a short. Now I am just waiting for a good entry point. Time to be patient and follow all my rules.
📊 Trade Plan:
Risk/Reward: 3.5
Entry: 3 664.5
Stop Loss: 3 691.4
Take Profit 1 (50%): 3 592
Take Profit 2 (50%): 3 551
💡 GTradingMethod Tip:
Trading is about probability. This means I need to take every single trade when my edge is available. It also means I need to follow my rules on every single trade.
🙏 Thanks for checking out my post!
Follow me for more setups and let me know — do you think gold will respect this double top or continue its bullish momentum?
📌 Disclaimer:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
INJUSD Rising Wedge going for a new High.Injective (INJUSD) has been trading within a Rising Wedge pattern since the March 02 High. Right now it broke above its 1D MA50 (blue trend-line) again, following a September 01 Higher Low on the pattern's bottom.
This is technically the start of its new Bullish Leg and given the fact that both previous two peaked on their 1.136 Fibonacci extensions, we set now a medium-term Target of 17.150.
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Lingrid | GOLD Correction Phase - Momentum Cooling Off ?OANDA:XAUUSD has reached the resistance zone near 3,650, stalling after a strong bullish run within the upward channel. The chart shows a clear top formation, with sellers defending this area and hinting at a potential corrective move. If gold fails to break and hold above 3,650, price could retrace toward 3,546 as the next key support. The overall structure still favors bulls in the longer term, but near-term momentum points to a pullback phase. Consolidation here may also depend on upcoming economic data.
💡 Risks:
A weaker-than-expected US CPI or labor data release could reignite strong buying and push gold beyond 3,650.
Geopolitical tensions may drive safe-haven demand, supporting further upside despite technical rejection.
A dovish Fed shift could restore bullish flows, reducing the likelihood of a sustained correction.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Lingrid | TONUSDT Trendline Break - Correction Phase Over ?OKX:TONUSDT has formed a double-bottom structure near the 3.00 support level, signaling exhaustion of the prior bearish trend. Price action shows a potential breakout attempt from the downward trendline, with price holding above 3.10 and pressing higher. If buyers sustain momentum, an extension toward 3.335 becomes the next target, reinforcing a reversal scenario. The broader pattern suggests accumulation after prolonged selling, with bulls aiming to reclaim control. Confirmation will strengthen if price continues to close above the broken trendline.
💡 Risks:
Failure to hold above 3.10 may trigger another retest of 3.00, invalidating the breakout attempt.
Negative sentiment in the broader crypto market could stall recovery and force renewed selling.
Regulatory or liquidity concerns tied to TON could limit upside and fuel volatility despite technical signals.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
The immediate reflection level is at an overnight high of 3,687Gold prices rose after a surprise rise in US weekly jobless claims and a easing in US consumer price index (CPI). Meanwhile, silver prices rose steadily.
US weekly jobless claims rose by 27,000 from the previous week, up 263,000 from the previous week, above the forecast of 235,000. The report is seen as a factor supporting the “doves” in monetary policy, who want the US Federal Reserve (FED) to cut interest rates more aggressively.
Meanwhile, US annual inflation, as measured by CPI, rose to 2.9% in August, the highest level since January and higher than July’s 2.7%. Prices rose mainly in the food group, used cars and new cars.
CPI rose 0.4% month-on-month, up from 0.2% in July and above forecasts for 0.3%. The expansion after producer prices rose more than expected in July was somewhat muted. Core CPI, which excludes food and energy, remained unchanged at 3.1%, matching the rebound in February and July. Core CPI rose 0.3% month-on-month.
Inflation in the US has become a complex issue.Inflation in the US has become a complicated issue for the gold market. Rising consumer prices have forced the Fed to maintain a neutral monetary policy, keeping interest rates unchanged until 2025, increasing the opportunity cost of holding gold. However, high inflation also increases the risk that the US could fall into recession, which is supporting safe-haven demand for the precious metal.
On the other hand, a weakening labor market has economists predicting that the Fed will cut interest rates again this month despite high inflation to complete the other half of its mission.
Specifically, the number of weekly unemployment benefits in the US increased by 27,000 compared to the previous week, to 263,000, higher than the market forecast of 235,000. Today's jobless claims report is in the group of monetary policy dovish, who want to see the US Federal Reserve (Fed) cut interest rates more aggressively.
Meanwhile, annual US inflation, as measured by the consumer price index (CPI), increased in August, to 2.9% compared to the same period last year. This is the highest level since January and up from 2.7% in the July report.
GOLD Will Go Lower From Resistance! Sell!
Here is our detailed technical review for GOLD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 3,651.90.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 3,609.43 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.
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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NZDUSD Will Go Down From Resistance! Short!
Take a look at our analysis for NZDUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.596.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.586 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.
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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EURJPY Will Go Higher! Buy!
Please, check our technical outlook for EURJPY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 172.847.
The above observations make me that the market will inevitably achieve 173.348 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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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EURGBP Will Go Up! Long!
Here is our detailed technical review for EURGBP.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.865.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.869 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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Buy if price breaks above 3,670 with confirmation, target around1. Main Trend
Gold remains in a strong uptrend, forming higher highs and higher lows.
The rising channel (red trendlines) is still intact, though price is now testing a strong resistance zone.
2. Resistance Zone & Upside Target
Key resistance area: 3,650 – 3,670 USD/oz (blue box on the chart).
If price breaks clearly above 3,670, the next target will likely be 3,700 – 3,720 (psychological level and Fibonacci extension zone).
3. Pullback Scenario
If price fails to break resistance, a pullback may occur toward Fibonacci retracement levels:
Fib 0.786 ≈ 3,574 USD (nearest support).
Fib 0.618 ≈ 3,509 USD (major support, aligning with previous demand zone – red box).
Fib 0.5 ≈ 3,463 USD (intermediate support).
The 3,500 – 3,510 USD zone is a critical support area; if broken, a deeper correction could unfold.
4. Technical Signals
Price is forming a small triangle/pennant pattern right at resistance → suggesting a strong breakout is likely soon.
RSI/Momentum (not shown here but typically at these levels) may be in overbought territory, increasing the chance of a short-term correction before resuming higher.
5. Trading Scenarios
Bullish case (preferred): Buy if price breaks above 3,670 with confirmation, target around 3,700 – 3,720.
Bearish case: If price gets rejected at resistance and breaks below the rising trendline, short-term selling may target 3,574 – 3,510.
📌 Summary:
The main trend remains bullish, but the 3,650 – 3,670 zone is the decision point.
A confirmed breakout → 3,700+.
Failure to hold → correction toward 3,574 or deeper to 3,510.
If gold stays above 3,585 and breaks 3,680, it could target 3,70 External News Factors
Gold is supported by expectations of a Fed rate cut in September, which continues to drive safe-haven inflows.
Additionally, geopolitical tensions (Russia–Ukraine, Middle East) and concerns over the U.S. debt crisis (interest payments surpassing $1.1 trillion, fiscal deficit nearing $2 trillion) further strengthen gold’s bullish momentum.
The U.S. dollar is showing slight weakness, adding more fuel to gold’s upside.
Overall Trend
Gold (XAU/USD) is in a strong uptrend, clearly shown by the steep rally from the support area around ~3,420 USD.
Price has already broken through several key Fibonacci retracement levels and is now testing the upper resistance zone (~3,650 – 3,680 USD).
Key Support and Resistance
Main Resistance: 3,650 – 3,681 USD (red zone on the chart). This is a strong supply zone where price is consolidating.
Nearest Support: Around 3,585 – 3,517 USD (Fibo 0.786 and 0.618 levels).
Major Support: 3,420 USD (aligned with Fibo 0.382 and the previous consolidation area marked “SUPPORT”).
Price Pattern
Within the resistance zone, price is showing signs of forming a triangle/sideways accumulation pattern.
A breakout to the upside could confirm a continuation pattern (trend continuation).
Trade Scenarios
Bullish Scenario (preferred): If gold holds above 3,585 and breaks through 3,680, the next target would be the psychological level of 3,700 – 3,720 USD.
Bearish/Correction Scenario: If price fails to hold 3,585, it could retrace deeper to 3,517 or even 3,420 before buyers step in again.
👉 In summary: The main trend remains bullish. Gold needs to consolidate and decisively break above 3,680 to aim for 3,700+. If it fails, a pullback towards 3,585 – 3,517 is likely before another buying opportunity.
GOLD rebounds strongly, supported by US dataGold prices were volatile during the New York trading session on Thursday (September 11) due to the influence of the US CPI index and initial data on unemployment benefits applications. OANDA:XAUUSD price has recovered strongly during today's Asian session (September 12) and is currently trading at 3,647 USD/oz.
Very weak initial U.S. jobless claims data eased concerns over inflation data. The likelihood of a Federal Reserve rate cut next week remains high, supporting gold prices and recouping most of the day’s losses.
Data released by the U.S. Bureau of Labor Statistics on Thursday showed the consumer price index (CPI) rose more than expected in August from the previous month, but the year-over-year increase was in line with expectations.
The data showed that the CPI rose 0.4% month-over-month in August, beating the 0.3% forecast by economists surveyed by Dow Jones. However, the 2.9% year-over-year increase was in line with expectations. Moreover, the core CPI, which excludes the more volatile food and energy components, rose 0.3% month-over-month and 3.1% year-over-year, both in line with Dow Jones' forecasts.
Meanwhile, the US labor market is showing signs of slowing: weekly jobless claims unexpectedly jumped on Thursday after jobs growth data was revised down earlier this week. In the week ending September 6, initial jobless claims rose 27,000 to a seasonally adjusted 263,000, the highest since October 2021, far exceeding market expectations of 235,000.
Initial data on unemployment claims 'saved' OANDA:XAUUSD
Gold rallies after finding support at the 0.382% Fibonacci extension trendline note to readers in yesterday's issue.
The rally has now just cleared the 0.50% Fibonacci level, which provides the initial conditions for a possible retest of the all-time high at the 0.618% Fibonacci level.
The technical structure has not changed much with the uptrend dominating the market, from the uptrend channel as the main trend, the main support from EMA21 while RSI has not shown any signal for the possibility of a price decrease.
Therefore, the technical chart summary is completely uptrend and the notable price points during the day will be listed as follows.
Support: 3,613 - 3,600 USD
Resistance: 3,645 - 3,677 USD
SELL XAUUSD PRICE 3682 - 3680⚡️
↠↠ Stop Loss 3686
→Take Profit 1 3674
↨
→Take Profit 2 3668
BUY XAUUSD PRICE 3530 - 3532⚡️
↠↠ Stop Loss 3526
→Take Profit 1 3538
↨
→Take Profit 2 3544
Gold: Cooling inflation, eyeing the 3.70x waveHello everyone,
The macro backdrop is currently favourable for gold, with both China and the US reporting weaker-than-expected inflation data: China’s CPI came in at 0% m/m and -0.4% y/y, with PPI at -2.9% y/y; meanwhile, the US posted PPI at -0.1% m/m, 2.6% y/y, and core PPI at 2.8% y/y. These softer figures have pushed yields and the USD lower, while strengthening expectations that the Fed may cut rates at its next meeting. Adding to this, the PBoC continued to purchase gold in August, reinforcing confidence in long-term reserve demand.
On the H4 chart, the bullish structure remains intact: price is holding above the rising Ichimoku cloud, while FVG blocks below act as support. Gold is currently consolidating tightly in the 3.66–3.68 zone, with short-bodied candles suggesting sellers lack the momentum to break the trend. The nearest support levels to watch are 3.63–3.62, then 3.61–3.60, with deeper support at 3.585–3.575 along the cloud edge.
My view leans bullish: I’m looking for a shallow pullback and an H4 close above 3.66–3.68 to open the way towards 3.70–3.715, potentially extending to 3.72 if momentum holds. Only a close below 3.60 on H4 would make me consider a deeper retracement into the 3.585–3.575 cloud zone.
In short, softer inflation and consistent reserve buying are building a strong foundation for gold. What’s needed now is a firm close above 3.68 to confidently target the 3.70x region.
What do you think – will gold break through 3.70x in this move, or does it need another balance around 3.60 first? Share your thoughts!
GBPUSD: Pressing 1.355 – waiting for a clear breakoutHello everyone,
On the H4 chart, GBPUSD maintains a bullish structure: higher lows and price holding above the Ichimoku cloud. Following the breakout on 9 September that left an FVG base at 1.343–1.348, the market is now compressing just below 1.355–1.358. This kind of consolidation often precedes an impulsive move. Should an H4 candle close firmly above 1.358, the 1.362–1.366 zone and even 1.370 become the next objectives.
On the news side, the latest US August PPI print came in soft, easing yields and the DXY, thus reducing pressure on GBPUSD. Looking ahead, jobless claims data and Fed commentary will be in focus: if the tone stays tilted towards easing, it will be difficult for the USD to strengthen significantly at these highs. From the UK side, GDP, industrial production figures, and BoE signals will also act as catalysts; positive data or a less dovish stance could provide the springboard for GBP to break through 1.358.
My bias is bullish, waiting for confirmation above 1.358 to extend the upward move.
What about you – do you think GBPUSD will break the ceiling soon?
GBP-USD Local Short! Sell!
Hello,Traders!
GBP-USD went up sharply
But the pair will soon hit
A strong horizontal resistance
Of 1.3595 so despite my
Mid-term bullish bias
I think that we will see
A local correction after
The resistance is hit
Sell!
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NZD_JPY MOVE UP AHEAD|LONG|
✅NZD_JPY broke the key
Structure level of 87.760 while
Trading in an local uptrend
Which makes me bullish biased
And I think that after the retest
Of the broken level is complete
A rebound and bullish
Continuation will follow
LONG🚀
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