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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Signals
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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US100 Strong Bullish Bias! Buy!
Hello,Traders!
US100 keep trading in
A strong uptrend and
The index is now trying
To breakout the key
Horizontal level of 23,940
So IF the breakout is
Confirmed we will be
Expecting a further
Bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
DAX Triangle giving a strong Buy Signal.2.5 months ago (see chart below), we issued a buy signal on DAX (DE40), which hit our 24600 Target within 2 weeks:
This time the price finds itself at the bottom (Higher Lows trend-line) of a 3-month Triangle. Every Bullish Leg of this pattern was confirmed after the price closed a candle above its 4H MA50 (blue trend-line), something the index did 2 days ago.
As a result, we turn bullish again here on DAX, targeting the top (Lower Highs trend-line) of the pattern at 24400.
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👇 👇 👇 👇 👇 👇
Bitcoin - The Whales are Selling at This Strong Resistance 115K$BTC Current Market Update
The coin is now facing a very strong resistance around $115K .
This presents a great short opportunity .
After carefully monitoring buy and sell orders on-chain, I noticed a strong confirmation for the short setup:
Whales and Market Makers sell orders are clustered heavily around the 115,000 resistance zone.
✅ My Personal Strategy:
Short Entry: 115,000
🎯 Target 1: 114,000
🎯 Target 2: 113,600
Please note:
This is not financial advice – I’m only sharing my personal trades.
Always do your own research before taking action.
👍 Don’t forget to like if you found this useful, and feel free to follow me for more analysis of this kind.
Best of luck 🌹
TESLA about to start a parabolic rally to $600.Exactly 3 months ago (June 06, see chart below) we called a bottom buy on Tesla (TSLA) right when it was trading at $284.70:
The price followed this prediction precisely, got out of the Bull Flag and eyes now a new 4-month High above $368.
This would be a break above the 4-month Ascending Triangle, a pattern we last saw during the stocks previous Bullish Leg in mid-end 2024. As you can see, that break-out delivered the Higher High test of Tesla's 3-year Channel Up at $488.
At the same time we are about to form a 1D Golden Cross, which makes the bullish sentiment even stronger.
As with our June 06, we still expect the price to reach $600 and price a new Higher High on the long-term Channel Up
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BITCOIN Growth Ahead! Buy!
Hello,Traders!
BITCOIN is going up now
And the coin made a bullish
Breakout of the key horizontal
Level of 113k$ so we are
Bullish biased and we will
Be expecting a further
Bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP-AUD Bearish Breakout! Sell!
Hello,Traders!
GBP-AUD is trading in a
Downtrend and the pair
Made a bearish breakout
Of the key horizontal
Level of 2.0449 so we are
Bearish biased now and
We will be expecting a
Bearish continuation
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
US30: Will Go Up! Long!
My dear friends,
Today we will analyse US30 together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 46,091.71 will confirm the new direction upwards with the target being the next key level of 46,272.39 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
EURUSD: The Market Is Looking Down! Short!
My dear friends,
Today we will analyse EURUSD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 1.17361 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
GOLD: Strong Bullish Sentiment! Long!
My dear friends,
Today we will analyse GOLD together☺️
The market is at an inflection zone and price has now reached an area around 3,632.97 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 3,643.34.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
SILVER: Bears Are Winning! Short!
My dear friends,
Today we will analyse SILVER together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 41.351 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 41.269.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
THIS IS THE CYCLE RUN FOR NMR/USDT 2025 --> $30 -$34This update confirms the ongoing cycle of NMR/USDT as well as the secure zone. The trend is expected to continue for several days, and potentially even longer. We are seeing a green signal for this coin, which suggests that a short-term breakout is likely. After the correction, we continued to track this coin in anticipation of the next upward wave
XAUUSD Bears Hold the Line at 3650 zone – Next Stop 3570?In yesterday’s analysis, I mentioned that in my view, OANDA:XAUUSD ’s correction is not yet complete and that we could be inside an unfolding ABC-type structure. I also suggested that the 3650 zone should be the main focus for bears.
Indeed, price rallied into that zone, consolidated in a small distribution phase, and then started to roll back down again.
At the time of writing, gold is trading at 3632, after retesting the 3623 recent low, which now acts as short-term support.
Looking forward, my idea remains unchanged: I expect another leg down, with 3570 as the next major target. For now, the 3650–3660 area acts as a strong ceiling, and if we look closely, one could even argue a potential double top is forming—if we discount the 3674 spike that marked the ATH.
On the other hand, a stabilization above 3660 would invalidate this bearish scenario and open the door for a new ATH. 🚀
S&P500 | Daily rising wedge | GTradingMethodGood morning fellow traders,
S&P price action is tightening inside a rising wedge on the daily chart, with volume steadily dropping.
Rising wedges often signal potential reversals, but with CPI on deck, volatility could go either way.
My guess, price tests top of rising wedge, finds resistance and down we go - a long way down.
Keen to hear your thoughts on whether CPI is going to be a catalyst for a breakout or breakdown?