GOLD Correction Complete - Rally Toward $3,450 AheadOANDA:XAUUSD is trading within a well-defined ascending channel, signaling ongoing bullish momentum. The price has continued to respect the channel structure, printing higher highs and higher lows, a clear sign of an intact uptrend. The recent retracement represents a healthy correction, potentially setting the stage for another bullish leg.
Price is now approaching a key support zone, marked by the lower boundary of the channel and a previous demand area. If this zone holds, it may offer a strong re-entry opportunity for buyers. The projected upside target is $3,450, which aligns with both the midline of the ascending channel and a previous resistance level.
As long as the price remains above the support zone and the ascending trendline, the bullish scenario remains valid. A break below this level, however, could invalidate the setup and increase the likelihood of a deeper retracement.
Always confirm your setups and trade with a proper risk management.
Best of luck!
Support and Resistance
USDCAD Analysis: Three Bounce ScenariosHello traders!
USDCAD is offering three trading scenarios on the daily timeframe.
The first scenario suggests the pair may react bullishly from the currently approached zone, setting up a bounce opportunity that could drive price higher toward the 1.41600 area.
The second scenario anticipates a bounce toward the 1.37586 region, where a mean reversion setup may come into play (if buyers step in and price action confirms bullish intent near that support).
The third scenario anticipates a bounce toward the 1.34150 region, where a mean reversion setup may come into play (if buyers step in and price action confirms bullish intent near that support).
Discretionary Trading: Where Experience Becomes the Edge
Discretionary trading is all about making decisions based on what you see, what you feel, and what you've learned through experience. Unlike systematic strategies that rely on fixed rules or algorithms, discretionary traders use their judgment to read the market in real time. It's a skill that can't be rushed, because it's built on screen time, pattern recognition, and the ability to stay calm under pressure.
There's no shortcut here. You need to see enough market conditions, wins, and losses to build that intuition—the kind that tells you when to pull the trigger or sit on your hands. Charts might look the same, but context changes everything, and that's something only experience can teach you.
At the end of the day, discretionary trading is an art, refined over time, sharpened through mistakes, and driven by instinct. It's not for everyone, but for those who've put in the work, it can be a powerful way to trade.
NZDUSD is preparing for a reversal and a fallNZDUSD is in consolidation and preparing to exit it. Ahead is possible breakout of trend support and fall to 0.5757
The reason is as follows: change of fundamentals background (positive signals on tariff war), dollar growth and market reversal.
Scenario: break of consolidation support at 0.5885, price consolidation below this level - this will be a signal ready to start distribution, i.e. downward movement.
Primary target 0.5 fibo, secondary target 0.7 fibo
BTCUSDT Non stop pumping (Soon or late another ATH cooking)As we can see price is near ATH resistance zone and we are looking for maybe a short-term correction and rest and soon after that more pump here is expected like green arrows and even breakout of ATH and new ATH like 113K$ or 120K$ is cooking for next two months.
DISCLAIMER: ((trade based on your own decision))
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SUI Pullback in Motion — Here’s Where the Smart Money Loads UpSUI is showing signs of exhaustion after failing to convincingly reclaim recent highs. Today’s price action delivered a strong clue: a sweep of the key high at $4.274 followed by a sharp rejection — Swing Failure Pattern (SFP).
Momentum is fading as volume dries up, and bulls have lost control of major levels:
❌ Yearly Open at $4.1225
❌ Weekly Level at $4.0921
This suggests a deeper correction may be underway before SUI can attempt another leg higher.
📌 Liquidity & Fib Levels in Focus
There’s still significant liquidity resting below the $3.80 zone — and the market often seeks to sweep such areas before reversing. Taking the Fib retracement from the $3.12 low to the $4.2989 high, we can identify two critical zones for a potential long entry:
0.5 Fib Retracement → $3.7095
This level not only sits just below the $3.80 liquidity shelf but also provides a strong technical anchor. If SUI finds support here, it could offer a solid long opportunity.
🎯 Trade Setup from the 0.5 Fib ($3.7095)
Entry: Around $3.71
Stop-Loss: $3.612
Target 1: $3.90 → R:R ≈ 2:1
Target 2: $4.587 (0.786 Fib Retracement) → R:R ≈ 9:1
Key Note: Watch the volume on the bounce — strong reaction = continuation potential; weak reaction = deeper retrace risk
🔸 Golden Pocket (0.618–0.666) Zone → $3.57-$3.52
If the 0.5 Fib bounce fails or lacks volume confirmation, price may dig deeper into the golden pocket — a historically strong reversal area. This zone becomes your next high-probability long setup to monitor.
🧠 Summary & Strategy
SUI showed rejection via SFP at key high ($4.274)
Lacking volume for immediate continuation
Next key long opportunity: $3.71 (0.5 Fib), SL at $3.612
If weak, watch $3.57 (golden pocket) as secondary entry
R:R potential ranges from 2:1 up to 9:1 depending on bounce strength
Let price come to you. Monitor reactions at each zone and don’t trade blindly into weakness. This is where patience and precision pay off. 💡
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DOGEUSDT is ready for 1$ Market is once again bullish and from 0.15$ to 0.13$ we were constantly sharing long anlyisis that this will happen and the pump started now we may have range or short-term correction here like the red arrow on chart and soon after that breakout of red trendline and next targets would be 0.40$ and ..
also remember market is bullish now and range may not happen here and it may pump more and rest a little higher than this.
DISCLAIMER: ((trade based on your own decision))
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ETHUSDT above green trendline wait for retest and then 3500$As we can see our first target hit which was 2300$ and the pump started from our daily support of 1400$ now we can expect range here for a while or short-term correction to retest the green trendline and this trendline would be once again major support and will pump price to the targets like 3000$.
Also market is bullish and more pump and rise is also possible without any range.
DISCLAIMER: ((trade based on your own decision))
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SOL Hits Major Resistance — Patience Over FOMOOne of the most common mistakes traders make—especially in fast-moving markets—is jumping into trades impulsively at major resistance. It feels exciting when price is surging, but ironically, this is often where risk is highest and reward is most limited.
Why? Because historical resistance zones—like the $175–$183 region on SOL—tend to attract heavy sell pressure. These are levels where many past buyers look to exit, where smart money hunts liquidity, and where false breakouts are most common. Without volume confirmation and a proper retest, breakouts through such zones often fail.
That’s why experienced traders wait. The smarter approach is to let the market come to you, and only act when one of two things happens:
A pullback into a well-defined, confluence-rich support zone
A clean breakout above resistance, followed by a retest and confirmation
SOL has respected structure beautifully, but now is not the time to chase. Either wait for a healthy correction into support, or let price prove its strength through a confirmed breakout. No trade is also a trade — and capital preservation is the foundation of long-term success.
Patience isn’t passive — it’s a strategy. Let the market come to your desired levels. You don't need to catch every move, only the high-probability trades and there aren’t born from impulse — they’re built on patience, structure, and right timing. 💎
Technical Breakdown
SOL has entered a major resistance zone between $175 and $183 — a historically significant level respected for over a year.
Within this zone lie two key highs:
$179.85: Recently swept with a clean Swing Failure Pattern (SFP)
$180.52: Still untested — if broken, it would confirm a strong bullish continuation
Breaking through such a well-established resistance on the first attempt is uncommon — it typically requires momentum and structure. A rejection here would suggest that SOL needs a healthy correction before mustering the strength for a true breakout.
📉 Elliott Wave Count
Looking at the structure, we’ve completed a 5-wave sequence — signaling the potential end of this impulse leg. According to Elliott Wave Theory, a corrective phase is now expected before continuation.
📐 Additional Confluence: Fib Speed Fan
The 0.618 Fib Speed Fan — drawn from the all-time high at $295.83 to the swing low at $95.26 — aligns perfectly with this resistance zone, adding more weight to the idea of a potential rejection or pause.
🟢 Long Setup: The Next High-Probability Entry Zone
We now shift our focus to where the next long opportunity could arise. Here’s the technical confluence:
Anchored VWAP from the recent low at $141.41 sits at $164.70
4H bullish order block around $164.46
0.382 Fib retracement of the full 5-wave impulse: $165.42
0.412 Fib retracement: $164.25
All these levels converge in a tight band, providing a solid long entry zone between:
Long Entry Zone: $165.50 to $164.25
Stop-Loss: Below $160 (to protect against any deep wick)
Targets:
TP1: $171.75 (Point of Control from the range)
TP2: $180.00 (resistance retest)
TP3: $200.00 (psychological level)
Estimated R:R: ~6:1 — High-conviction setup
Bonus: If price returns to this $165 zone within 24 hours, it will also be supported by the 0.618 Speed Fan — adding one more layer of support.
🔴 Short Setup: Reversal Play at $200
For those watching from the sidelines or looking to fade the rally, the psychological level at $200 presents a strong short opportunity — but only on confirmation (e.g., SFP or bearish engulfing).
Short Entry: On rejection at $200
Stop-Loss: $206.10
Target: $187.00
Estimated R:R: ~2:1
🧠 Summary:
Completed 5-wave structure → potential correction phase underway
Strong resistance at $175–$183 with SFP and speed fan alignment
High-probability long setup at $165.5–$164.25 with multi-layered confluence
Potential short at $200 on confirmation
⚠️ Key Takeaway: Don’t Chase the Highs
This is where many traders slip — FOMOing into trades at major resistance. Please, don’t do it. Instead, wait for:
A pullback into well-defined support (like the $165 zone), or
A clean breakout above $180, followed by a confirmed retest
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THE KOG REPORTTHE KOG REPORT:
Last week’s KOG Report didn’t really go the way we wanted! We got the move we wanted initially into the low, then the long upside, but the levels we wanted to short from again were smashed through. We managed to navigate and adapt to the move and after changing the plan on the FOMC KOG Report we ended again with an extremely decent week on Gold.
As we’ve always said, when markets don’t go our way, don’t hold on to hope. If you're in the wrong way, accept your wrong and change your bias, this will not only save your account but together with the right risk management, you’ll be able to come out of the market in positive for the week.
So, what can we expect from the week ahead?
We have some news over the weekend that can open us up with gaps, otherwise Monday should be a ranging day and we’ll see some action Tuesday onwards. For this week we’ve added the red boxes for everyone, the indicator is working like a dream and allowing our traders to scalp, swing trade and day trade across the 15min/1h/4h timeframes. So please take note of them!
The problem we have this week is the structure entails two possible moves by the way they’ve set this up. For that reason, we’ll look at the key levels on the red boxes for the break and close together with KOG’s red box targets and bias of the week, before we commit to the market other than scalping.
We have the key level below 3306-10 support which if held again can push upside this time in attempt to break through the 3330 level and target the 3350-55 and above that 3365 region before a RIP. 3360 is the level to watch, if broken above and supported, we can start again with longs into that 3400+ region, but only on confirmation.
The ideal scenario here for us is a break of this symmetrical pattern in one direction, then applying our trading strategy to it which will confirm the move, we can only do this once it’s broken and then update you with the plan.
For now, we’ll play the red boxes and of course wait for our trusted algo Excalibur to guide us. As always, we will update the wider community as we go through the week.
KOG’s bias of the week:
Bullish above 3310 with targets above 3335, 3345, 3350, 3350, 3362 and 3370
Bearish below 3310 with targets below 3306, 3301, 3297, 3285 and 3274
RED BOXES (TAKE NOTE)
Break above 3335 for 3342, 3350, 3354, 3365, 3370. 3373 and 3385 in extension of the move
Break below 3320 for 3310, 3306, 3298, 3293, 3285 and 3279 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
TKO Buy/Long Setup (4H)A key level has been reclaimed, a bullish CH has formed on the chart, and an important zone has also been cleared. Additionally, a trigger line has been broken. On the pullback to the key level, we can look for buy/long setups.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
THE KOG REPORT - Update End of day update from us here at KOG:
What a day on gold. We wanted this to go higher into the order region to enable us to short it in to the level we wanted following the path. Market glitched, we didn't get the move we wanted, completed all the bearish targets for the week but then....we managed to get a nice long trade from the lows into the resistance level above.
Now 3230 turns into resistance with many traders chasing the gap early session likely holding on to trades. As you can see, the red box broke early session, that was the signal to maintain the move into the levels. So we'll stick with it at the moment as long as that 3255 level holds us down. An undercut low takes us into 3190-5 which is where we may see price hold for CPI tomorrow.
All bearish targets done in one swoop!
KOG’s bias of the week:
Bullish above 3310 with targets above 3335, 3345, 3350, 3350, 3362 and 3370
Bearish below 3310 with targets below 3306✅, 3301✅, 3297✅, 3285✅ and 3274✅
RED BOXES (TAKE NOTE)
Break above 3335 for 3342, 3350, 3354, 3365, 3370. 3373 and 3385 in extension of the move
Break below 3320 for 3310✅, 3306✅, 3298✅, 3293✅, 3285✅ and 3279✅ in extension of the move
As always, trade safe.
KOG
DNUT eyes on $2.57: if this HAS a bottom, THIS may be the oneDNUT has been in free fall since IPO.
Last Earnings were apparently horrible.
But there is a glimmer of hope of bottom.
$2.57 is a minor but significant fib.
The PING bounce on it is of interest.
"Ping" from "give me a ping Vasilly".
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US DOLLAR Analysis: Bullish Momentum Building?TVC:DXY is finally showing signs of stabilization. The index has successfully rejected a key support level, an area where price has historically attracted strong buying interest. This level closely aligns with the psychological $100 mark, which has once again acted as a pivotal point for market participants, reinforcing its relevance as a key technical level.
The recent price action confirms bullish interest, as evidenced by a strong rejection pattern within the zone, with long lower wicks and bullish follow-through candles. The support zone held firm, and buyers have stepped in, initiating an upward move.
Now that price has bounced from this level, the probability of a continued rally increases. If the bullish momentum sustains, the price could move toward the 102.500 level, a logical near-term target based on previous structure and minor resistance.
However, a failure to maintain above the 100.00 handle or a sudden shift in sentiment could still pose downside risks. A confirmed breakdown below the green support zone would invalidate this bullish outlook and potentially open the door for further declines.
Remember, always confirm your setups and use proper risk management.
EURUSD Selloff Hits Key Support — Hold or Fail?Following Bessent’s announcement on China, EURUSD extended its decline into this week. Now, the long-term trendline that began in 2008 is being retested. Downward pressure remains high, and the retreat may continue today. However, the former supply zone at 1.1050–1.11 could provide significant support, especially with the help of the long-term trendline.
Bessent stated that for 90 days, U.S. tariffs on China will be reduced from 145% to 30%, and China will lower tariffs on U.S. goods from 125% to 10%. While the market had expected some positive developments, this move went far beyond those expectations. As a result, momentum currently favors EURUSD bears.
If the support zone fails, bearish momentum could accelerate, targeting the 1.07 area in the coming weeks. However, as long as the support holds, bears should proceed with caution.
$SPY still bearish unless $584 and trendline break as resistanceI'll be the first to admit that the rally has gone further than I expected. That said, everything on the chart still looks like this is a bearish rally and not a new bull trend.
Unless we can break the blue trend line and the strong overhead resistance between $581.63 and $583.57, I think the most likely scenario is we fall further and see one last leg down before we bottom.
I think the bottom will come between the lower supports at $409 and $538.
Again, invalidation of the bearish idea is a break and flip of the resistances above, the upside targets are on the chart as well.
Let's see what happens over the coming weeks.
BITCOIN → Consolidation before the rally. 106K - 110K?BINANCE:BTCUSDT , after breaking out of consolidation at 97,860 and distributing to 104,300, has returned to a consolidation phase, which is generally a positive sign for possible continued growth.
The growth of Bitcoin is linked to several reasons:
General improvement in the global market situation — easing of trade conflicts; Expectations of a US Fed rate cut; Influx of investment into Bitcoin ETFs
Technically , we see the price breaking out of its local downtrend and entering a strong distribution phase. The northern train continues to pick up passengers.
At this stage, I would like to draw your attention to the consolidation at 104300 - 102300. A rebound from resistance is currently forming, and we need to monitor the levels of 103300 - 102300 - 101700. These are quite important areas of interest. A false breakdown (liquidity capture) may form before further growth. A return to resistance and the formation of pre-breakout consolidation, for example between 104300 and 103300, will only increase the chances of a breakout of resistance and growth to 106-107K.
Resistance levels: 104300
Support levels: 103300, 102300, 101700
The trend is bullish, with Bitcoin consolidating. The coin is not going to fall (at the moment), but to build up potential, the price may form a false breakdown of support (a deceptive maneuver) before continuing to rise. Retesting the 104300 level could lead to a breakout and upward distribution.
Best regards, R. Linda!
BTCUSD – Multi-TF Bearish SFP & Fib Retrace Before ATH Rebound
Bearish SFP printed on 4H / 8H / 12H / 1D at $103 345 – $104 985 after a parabolic ~$94 k → $104 k run and multiple rejections at $104 k–$106 k resistance.
Trump tariff-cut announcement sparked a sharp spike into resistance that was quickly sold off, confirming heavy supply at $104 k – $106 k.
Baseline plan: drop to 0.786 Fib ~$102 586, then 0.618 Fib ~$100 613, before a push toward the ATH ~$109 588.
Trade Setups
Short – SFP Breakdown
Trigger: 4H close below $103 345
Entry: ≈ $103 300 on retest
SL: $105 500 (above swing high)
TP1: 0.786 Fib ≈ $102 586 RR ≈ 0.7
TP2: 0.618 Fib ≈ $100 613 RR ≈ 2.6
Long – Fib Rebound
Trigger: Bullish reversal at 0.618 Fib / FVG cluster ≈ $100 613
SL: $99 300 (below FVG)
TP1: SFP top / range high ≈ $104 145 RR ≈ 2.7
TP2: ATH ≈ $109 588 RR ≈ 6.8
PEPE/USDT Potential UpsdesHey Traders, in today's trading session we are monitoring PEPE/USDT for a buying opportunity around 0.00001260 zone, PEPE/USDT is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.00001260 support and resistance area.
Trade safe, Joe.
XAUUSD: The Ultimate Safe Haven Play! FOR THIS WEEK 12/05🏆 XAUUSD (Gold): The Ultimate Safe Haven Play!
📊 Live Market Snapshot (May 12, 2025)
- Current Price: $3,275
- Weekly Range: $3,201 - $3,455
- Key Liquidity Zones:
- Strong Support: $3,140-$3,145 (Best Buy Zone)
- Immediate Resistance: $3,335 (TP1)
- All-Time High: $3,500
💎 Why Gold Matters Now
1. Market Uncertainty: Perfect hedge against volatility
2. Technical Setup: Bouncing from weekly low of $3,201
3. Institutional Demand: Central banks accumulating
🎯 Trading Strategy
- Entry: $3,240-$3,245 zone
- Take Profit Levels:
→ $3,280
→ $3,330
→ $3,355
- Risk Management:
→ Stop Loss: $3,225
⚠️ Critical Notes
1. Watch USD strength (inverse correlation)
2. Monitor Fed policy decisions
3. Physical demand vs. paper gold flows
🔥 Key Indicators
1. Daily RSI: 52 (neutral)
2. 200-DMA: $3,180 (strong support)
3. Volume Profile: Key node at $3,250
📌 The Golden Opportunity
With global tensions rising, gold offers:
- Safe haven protection
- Inflation hedge
- Technical rebound potential
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📊 DYOR| Not financial advice 🖌️