Gold XAUUSD Long-term BullishThe monthly chart on XAUUSD shows a great BULLISH setup.
A horizontal support level around the $1955 has been broke and confirmed.
Also, a descending trendline support has been broke and confirmed.
Price is currently retracing down and re-testing near prior support which is expected to hold. This is an excellent trading opportunity with low risk and high reward.
Entry = 1955 to 1960
TP = 2060
SL = 1945
Note: This is a long-term chart and therefore very reliable.
Support
USDCAD – Short-Term Bullish Trend Following Political NewsHello, it's great to be back with everyone.
Today, the OANDA:USDCAD pair is in an interesting phase. After a strong rally, the price has corrected and, at the time of writing, the pair is trading around 1.385, finding support from the area marked on the chart.
Recently, the news of U.S. President Donald Trump firing Fed Governor Lisa Cook has put light selling pressure on the Loonie. This event could strengthen the USD against the CAD as the market concerns the stability of U.S. politics and Fed policies, leading to a short-term bullish trend for USDCAD.
Keep an eye on the key levels to look for suitable trading opportunities.
USDJPY Faces Limited Upside Amid Fed and BoJ SignalsThe FX:USDJPY pair edged higher after losing about 1% in the previous session and is now trading around 147.22. However, the upside momentum may be capped as the Japanese yen (JPY) could regain strength following hawkish comments from Bank of Japan Governor Kazuo Ueda at the Jackson Hole symposium on Saturday.
Additionally, USD/JPY may come under renewed pressure as the U.S. dollar (USD) faces challenges due to the increasing likelihood of a Fed rate cut in September, stemming from Fed Chair Jerome Powell’s dovish remarks at Jackson Hole on Friday.
From a technical perspective, USDJPY recently marked its decline with a sharp, vertical bearish candle. A retracement is currently underway, but sellers still hold the advantage as the EMA 34 and 89 have turned bearish, and the 0.5 – 0.618 Fibonacci retracement zone has yet to be broken.
EUR/USD Rises Following Fed's RemarksHello everyone, glad to meet you again in today's discussion.
The FX:EURUSD exchange rate is surging, breaking above the 1.1700 mark during the U.S. session last Friday. The U.S. dollar weakened against other major currencies following the dovish remarks made by Fed Chair Jerome Powell at the Jackson Hole symposium, which helped fuel the rise of this currency pair.
Looking ahead, I expect the pair to break through the upper trendline and close higher in this region, setting up for a larger rally as outlined in the strategy on the chart.
Do you agree with this outlook? Feel free to share your thoughts.
SOLUSDT 1W Chart1. Main trend
• You can see a strong upward trend from holes around 120 USDT.
• The course currently moves along the growing trend line (orange).
• The last candles show that the buyers are defending support and each hole is higher → a sign of market strength.
⸻
2. Support and resistance (key levels from the chart)
• Support:
• 186.56 USDT - the first strong support (coincides with the trend line).
• 166.42 USDT - another stronger support.
• 139.00 USDT - main strategic support.
• resistance:
• 219.02 USDT - the closest resistance (currently tested).
• 253.15 USDT - strong resistance if 219 is broken.
• 296.24 USDT - another target in the event of a bull market.
⸻
3. Indicators
• MacD - upward signal, lines are above the zero line, green histogram → momentum is growing.
• STOCHASTIC RSI - high, close to the purchase zone → a short correction may occur.
• RSI (classic) - ~ 60 points, i.e. not yet purchased, but the space for increases is reduced.
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4. Scenarios
• Bycza (more likely at the moment):
If the SOL stays above 186 USDT and pierces USDT USDT, subsequent goals are 253 → 296 USDT.
• Bear (alternative):
If the price drops below 186 USDT and breaks the trend line, possible return to 166 and even 139 USDT.
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🔑 Summary
• The trend is upward and still strong.
• Key breakdown is 219 USDT.
• Trend holding (above 186 USDT) = potential for further increases.
• Breaking the trend line = correction warning.
WTI Crude Oil · M15 · 24-Aug — “Buy the Dip into EMA/Donchian”🟢 Bias: Intraday long after spike, buy the dip into Donchian + EMA support.
Entry: $62.90 – $63.20
Stop-Loss: $61.95
Targets: TP1 $63.80 · TP2 $64.70 · TP3 $66.00
RRR (from $63.10): Risk $1.15 → TP3 +$2.90 = ~1:2.5 ✅
Why this works:
Confluence: Donchian support ($62.91) + 200 EMA M15 ≈ $62.38 (white).
Structure: Higher highs/lows since Aug-20; volume expands on pushes, compresses on pullbacks.
HTF context: H4 pressing toward 200 EMA ≈ $64.7–$65.0 (key pivot).
Execution: Look for a bullish rejection/engulfing inside the box + 8/21 EMA hold (orange/blue) above the 200 EMA (white).
Risk: ≤ 1%. Move SL→BE after TP1.
Trade Confidence: ⭐⭐⭐⭐ (High if retest holds and 8/21 maintain bullish structure)
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⚠️ Trading involves risk. Manage exposure and trade responsibly.
💬 Thoughts on this setup?
Solana at Make-or-Break: Can $213 Unlock the Rally to $270?Solana (SOL/USDT) has been recovering strongly since bouncing from the $110 area and is now testing the critical resistance zone around $205–213. This level has acted as a major barrier multiple times in the past, making it a true “make-or-break” point.
📌 Bullish Scenario (more likely if $213 holds):
• A confirmed breakout and daily/3D close above $213 could trigger a rally toward the next major resistance at $270.
• A successful move beyond $270 may even open the path toward the long-term resistance trendline near $320–340.
📌 Bearish / Alternative Scenario:
• If Solana fails to hold above $213, a pullback toward $180–175 is possible.
• Stronger support lies around $100, which remains the key level to defend for bulls.
⚡ Conclusion:
As long as SOL stays above $200, the structure remains bullish. A breakout above $213 would confirm momentum and unlock a potential move toward $270, while rejection could mean another corrective dip before the next attempt.
AVAX/USDT – Major Breakout on the Daily Timeframe!AVAX has finally broken out from its long-term descending trendline, signaling the potential start of a powerful bullish move. Let’s break down the setup:
🔎 Chart Analysis:
Pattern: Falling Wedge on the Daily timeframe.
Breakout Zone: Price has successfully closed above the resistance trendline around $25–26.
Support Zone: Strong accumulation support around $24–26
🎯 Trade Setup:
Entry Zone: $24–26 (current breakout retest levels)
Targets:
TP1: $35
TP2: $48
TP3: $60+
Stop Loss: $21 (below wedge & accumulation box)
📊 Risk/Reward:
R/R ratio: ~5:1
High conviction setup with breakout confirmation.
⚡ Key Takeaway:
If AVAX holds above the breakout zone, it could deliver a 2x–3x run in this cycle. Watch closely for volume confirmation on daily candles to strengthen the breakout signal.
🔥 Conclusion: AVAX looks primed for a strong bullish rally after months of consolidation. Accumulation zones are done — breakout traders could be rewarded big here!
AVAX/USDT 1D ChartCurrently 25.86 USDT (+2.42%).
• The price has reflected from support around 22.6 USDT and broke over SMA (average walking).
• You can see an attempt to continue the upward trend - local "mini bull run".
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2. Support and resistance
• Support:
• 24.39 USDT (SMA #1, short -term support).
• 22.60 USDT (strong support - earlier level of consolidation).
• 20.20 USDT (key hole below which the downward trend returns).
• resistance:
• 26.26 USDT (local resistance, currently tested).
• 27.72 USDT (another strong level of resistance).
• 30.95 USDT (key resistance - return to a strong supply zone).
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3. Medium walking (SMA)
• The price was pierced by SMA #1 (red) and SMA #2 (green).
• SMA #5 (blue) is located lower (~ 22.5), which shows that the short -term trend is now stronger than the long -term → bull signal.
⸻
4. MacD
• The histogram begins to grow above line 0.
• The MacD line cut the signal line from the bottom → buy signal.
• The growth moment is developing.
⸻
5. RSI
• RSI ~ 58 → neutral, but close to the "bull" zone.
• Not yet bought out (> 70), so there is space for further increases.
AUDCAD At Make-or-Break Zone – Time to Ride the Bulls?AUDCAD has been overall bullish trading within this rising channel 📈
Right now, price is retesting the lower bound acting as support 🔑
As long as this zone holds, I’ll be looking for longs targeting the upper bound 🎯
Patience is key here ⏳ — let the bulls step in, then ride the next impulse 🚀
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD - false breakdown of support before bullish runGold on the chart is forming a bullish pattern: consolidation in the form of a bearish wedge forming on an uptrend. There is a high probability of a breakout from the support level of 3320-3310. The market has a lot of upside potential, as the price has been consolidating for a long time.
Below is a fairly strong support zone that is capable of holding the price.
However, there is one caveat: in a few hours, Powell's speech and unpredictable data could destroy the structure, in which case gold could fall to 3300-3328.
BNB/USDT 12h chart🔎 Current situation
• Price: 898.50 USDT (+7.03%) - outstanding candle.
• Trend: We see a strong growth impulse, confirmed by the reflection from the trend line (yellow).
• Support:
• 869.75 USDT (next short -term support).
• 838.37 USDT.
• 818.56 USDT (SMA #2).
• resistance:
• 921.99 USDT.
• 952.26 USDT (key level - potential target, can be tested).
⸻
📊 Indicators
• SMA (movable average):
• The price struck over SMA and lasts above-a pro-rectification signal.
• MacD:
• The MacD line pierces the signal line from the bottom → fresh buy signal.
• The histogram begins to grow green.
• RSI (Relative Strength Index):
• Currently ~ 60 → a lot of space for the purchase zone (70+).
• RSI directed up, confirms the momentum of bulls.
⸻
📈 Scenarios
1. Bycza (more likely short -term)
• If the price lasts above 869–870 USDT → attack on 922 USDT.
• Breaking 922 with a strong volume → Another target 950–960 USDT.
2. Bear (less likely now but possible)
• Rejection from 922 and descent below 870 USDT → withdrawal to 838 or even 818 USDT.
• Only the loss of 818 will negate the current upward trend.
⸻
📝 Summary
BNB currently looks very strong - a fresh growth impulse, breaking over medium, MacD gives a buy signal, RSI is not yet in the purchase zone.
➡️ If something negative on BTC or the wide market does not happen, then the 922 and 952 test is real in the short term.
BITCOIN/USD SUPPORT & RESISTANCE LEVELS (READ CAPTION)hi trader's what do you think about BITOIN/USD
current price: 112300
Bitcoin is currently trading between key support at 112000 and resistance at 114200.
If price holds above support, bullish momentum may test higher levels.
If price breaks support, further downside could occur
support zone: 112000
resistance zone: 114200
target 115300
stop loss 111000
please like comment and follow thank you
Gold can continue to decline inside downward channelHello traders, I want share with you my opinion about Gold. The price action for Gold has been dictated by a large downward channel since the last major peak was established at the 3380 resistance level. This bearish structure has effectively contained the market, guiding it through a series of impulsive declines and corrective rebounds between its well-defined support and resistance lines. After the most recent upward rebound originated from the lower boundary of the channel, the price has been in a corrective rally, now approaching a formidable confluence of resistance. This critical area is formed by the intersection of the channel's descending resistance line and the major horizontal seller zone around 3380. The primary working hypothesis is a short scenario, which is based on the expectation that this powerful resistance will hold and cause the current corrective rally to fail. A confirmed rejection from this zone would validate the integrity of the downward channel and signal that the dominant bearish trend is set to resume. This would likely trigger the next major impulsive fall, which is expected to break through the immediate support level at 3330. Therefore, the TP for this continuation scenario is logically placed at the 3290 level, a target that represents a new lower low within the channel's structure and a prudent objective for the anticipated move. 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.
AUD/USD Continues to Decline in a Downward Price Channel?Hello, what do you think about OANDA:AUDUSD ?
At the time of writing, AUD/USD is still maintaining its bearish momentum, trading within a downward price channel. The "Head and Shoulders" pattern has formed, pulling the pair down to test support around the 0.642 zone.
From an economic data perspective, the pair is dropping as the Australian Dollar faces pressure from weak economic data out of China and global concerns. Additionally, the US Dollar is strengthening due to the Fed's hawkish stance on interest rates, further pressuring AUD/USD.
The support level at 0.6420 is crucial, a break below this level could lead to further declines towards 0.6400 or even the lower limit of the channel.
Keep a close watch for potential trading opportunities and always trade safely.
Good luck with your trades!
BTC/USD 1H Short-term1. Main trend (short -term)
• The price is under the downward trend line (black line).
• Until this trend is broken up (approx.> 113,000–113,500 USD), the advantage remains on the Bear (inheritance) side.
2. Support and resistance
• The next support: 112.017 USD (if it falls → the next target is USD 111,232 and then 110.015 USD).
• The nearest resistance: USD 112,959, then USD 113,528 and a stronger level of USD 114.667.
3. Candle formation
• The last candle tests support at USD 112.017 and a defense attempt (lower wick) appears. This may suggest a short reflection, but still as part of the inheritance trend.
4. Oscillators (Stochastic RSI at the bottom of the chart)
• The indicator is in the sales zone (<20) and begins to turn up → a signal of a potential short -term reflection (SCALP LONG).
• However, if the reflection does not overcome the downward trend line, it will be just a correction rather than a change in the trend.
⸻
📊 short -term scenarios
• Bullish (reflection): If BTC maintains USD 112,000 and stochastic, he pulls up, possible traffic up to $ 112,950-13,500 (Trendline test and resistance).
• Bearish (continuation of declines): a breakdown of USD 112,000 opens the road to USD 111,200 and even USD 110,000.
⸻
📝 Application
• Trend for 1H: inheritance.
• Short -term signal: possible reflection from support (112K → 113.5k), but until the price boosts the downward trend line, the scenario of further declines dominates.
• Key level for observation: USD 112,000 (maintenance = reflection, breaking = further declines).
Silver Continues to Face Bearish Pressure ? Hello, what do you think about the trend of TVC:SILVER ?
Silver continues to face downward pressure as it trades within a descending channel. Recent price action shows that the metal is testing resistance and struggling to maintain upward momentum. Given the current market dynamics, including a strong US Dollar and global economic concerns, the bearish trend is likely to persist in the short term.
With the bearish factors and technical indicators in place, it’s important to closely monitor price action near the support zone to look for potential shorting opportunities. Be cautious and manage risk effectively.
As long as the trendline remains intact, selling remains the favored strategy.
Gold Rejecting Resistance After Liquidity Grab – Bow & Arrow SetThis is a textbook liquidity grab + rejection setup.
Price executed a liquidity grab above structure, shooting into previous highs to build momentum for the drop — classic bow and arrow effect.
After sweeping stops and pulling back, price retested the nearest resistance (around 3,324–3,325), but hasn’t broken the body high — this confirms sellers are still active.
The push down was strong enough to reach the 4H support zone, and although price bounced, it looks like a temporary pullback rather than a reversal.
As long as price stays below 3,347, this short bias holds. The structure still supports downside continuation unless a clear breakout occurs.
Bias:
Bearish — expecting continuation down toward 3,312 and possibly back to test 3,307.
Gold Respecting Key Support — Downtrend Still Active on the 4HPrice on XAUUSD is currently hovering around the 3,324 zone, reacting to a clear support area that’s held firm since the last major dip.
The uptrend is no longer valid — it's been broken multiple times and has now been decisively rejected.
We’re still trading below a short-term descending trendline, which remains active.
A prior liquidity sweep below support (around 3,247.54) may have been a fakeout to trap late sellers.
If price fails to break the short-term trendline, this bounce could be short-lived.
However, a clean breakout above the trendline could open up retracements toward the 3,360–3,384 area.
Stay alert for a retest of support at 3,310–3,324, and watch how price behaves near the trendline before considering entries.
Bias:
Neutral to Slightly Bearish — Until trendline break is confirmed, downside continuation is still on the table.
EUR/USD : Is a bearish wave about to occur?Hello everyone, it's great to see you again.
Today, I will dive into the long-term analysis of FX:EURUSD on the D1 chart. At the time of writing, the price is moving around 1.165 and has shown a slight decrease after the market recently failed to break through the significant resistance around the recent highs, forming a new trendline boundary.
Currently, the price is moving towards the active zone of the 89 EMA, around the 1.140 level, aiming to find new momentum. However, as long as the price remains below the aforementioned resistance zone, the trend remains bearish, and I expect the price to drop to lower targets as outlined in the analysis.
What do you think? Do you share the same view? Leave your thoughts in the comments!
BTC/USD 1D LongTerm1. Price and main trend
• Current price: 113,448 USD (decrease -2.42%).
• On the daily chart you can see that Bitcoin pierced the yellow upward trend line and descended below the average walking (SMA). This is a signal of weakening the trend.
2. Support and resistance
• resistance:
• 117,687 (SMA - local resistance).
• 120,645 and 122.766 (stronger resistance zones).
• Support:
• 113.016 (first, local support).
• 110.541 (important support).
• 106,238 (key support - if it falls, more correction possible).
3. Medium walking (SMA/EMA)
• The price has gone below short -term medium (red and green lines).
• This suggests that the advantage has temporarily switched to the side of sellers.
4. MacD
• MacD histogram goes into a negative zone.
• The MacD line drops below the signal → This is a sales signal.
5. RSI
• RSI oscillates below 50 and slightly reduces.
• This means weakening the momentum of bulls and a potentially place for further decline (only around the RSI 30 would mean a strong sale).
6. Summary of the situation
• Technically the market looks weak - a breach of an upward trend, exit below medium and negative MacD.
• The next key support is: 113K → 110.5k → 106.2k.
• If 113K persists, it is possible to bounce up to 117k -120k, but only a return above 120K would change the sentiment to a more bullish.
Globant, Bright Future or Total Darkness?📊 Technical Analysis – Globant (GLOB) – Weekly
The price of Globant (NYSE: GLOB) remains under strong bearish pressure, approaching a key long-term support area.
🔑 Fibonacci Levels
0.618 (61.55 USD): critical zone currently being tested. A clear breakdown could open the door to further declines.
0.5 (77.15 USD): first major resistance in case of a rebound.
0.382 (92.75 USD): secondary resistance, aligned with previous supply zones.
0.236 (112.04 USD): stronger resistance level; a breakout above would suggest a trend reversal.
📉 Support and Resistance
Main Support: 65–61 USD, which acted as a strong base during 2019–2020.
Immediate Resistance: 77 USD, followed by 93 USD.
🔄 Volume
Volume has increased significantly over the past weeks, indicating strong institutional activity around this support area. This could hint at a potential technical rebound if the level holds.
📌 Conclusion
As long as GLOB holds above 61 USD, there is room for a rebound toward 77–93 USD.
A breakdown below 61 USD would open a more bearish scenario with medium-term targets around 50–45 USD.
Current bias remains bearish, but we are at a key decision zone.