Get started

Support and Resistance

GOLD → Rally to the psychological target of $4,000FX:XAUUSD hit a new all-time high of $3,950 (+1.7% for the day at the time of writing), continuing its move toward the psychological $4,000 mark. The growth continues despite the strengthening of the dollar and the rally in the stock markets. Key drivers: The ongoing US shutdown (now in its seventh day): The lack of progress in negotiations and the risk of mass layoffs of civil servants are increasing demand for safe havens. The probability of a rate cut in October is 100%, and in December, 94%. Weak labor market: Trump's statements blaming Democrats for job losses are fueling pessimism. Fundamentally, gold remains on an upward trend thanks to the perfect combination of US fiscal risks and soft monetary policy. A breakout to $4,000 seems only a matter of time if the shutdown is not resolved. Resistance levels: 3,950, 3975, 4000 Support levels: 3920, 3900, 3880 Technically, before reaching the 4000 mark, MM may form a liquidation, especially against the backdrop of the FOMC meeting on Wednesday and the Fed on Thursday. Key areas of interest before growth: 3920 and 3900, behind these areas lies a pool of liquidity that will not prevent the accumulation of energy before the next bull run. Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
16
Gold Holds 3,900 Support Amid Dollar Slowdown and Global TensionHey Traders, in today’s session we’re closely monitoring XAUUSD for a potential buying opportunity around the 3,900 zone. Gold continues to trade within a strong uptrend, and the current pullback appears to be a healthy correction approaching key trend support. Structure: The broader trend remains bullish, with price consolidating after its recent highs. The 3,900 level stands out as a technical pivot where buyers could regain control. Macro context: The US Dollar Index is approaching major daily resistance around 98.300, suggesting potential exhaustion in the current USD rebound. Meanwhile, political and fiscal developments in Japan where a notably dovish administration has just taken power could further support demand for safe-haven assets like Gold. Market sentiment: A combination of fiscal expansion abroad and rising uncertainty surrounding the ongoing US government shutdown is fueling risk aversion. If these pressures persist, Gold could retest the 4,000 zone sooner than expected. Key focus: Watching how price reacts around 3,900 for potential bullish continuation in line with the broader trend. Trade safe, Joe.
OANDA:XAUUSDLong
by JoeChampion
18
USDJPY → Gap and retest of resistance on a neutral trendThe Japanese yen opens with a gap in the Asia-Pacific session and forms a distribution, within which it tests the resistance zone of 149.93 - 150.79. The dollar is rebounding again, provoking a corresponding reaction in the markets. However, based on fundamental data, the decline may continue after the pullback. Gap in USDJPY, distribution and entry into the resistance zone at high speed, there may not be enough potential for continued growth. There is no trend, the price is in a sideways market. A false breakout of 149.93 may trigger a correction towards the lower boundary of the gap. Resistance levels: 149.93, 150.79 Support levels: 148.76, 148.09 If the currency pair is unable to continue growing, then a false breakout of resistance can be considered. A return of the price to the range on D1 may trigger a decline to support. Best regards, R. Linda!
Short
by RLinda
8
THE KOG REPORT In last week’s KOG Report we said we would be looking for price to support lower and then attempt the move higher monitoring the red box above which was active. It’s at that box we wanted to see a reaction, either a break or a RIP and as you can see, price did break upside hitting our daily and weekly targets as well as the red box targets. So, what can we expect in the week ahead? For the early part of the week we have the immediate support level at the 3870-65 region which lines up with the red box and is the level that needs to be broken to go lower. If we target this level in the early session and support, price may want to attempt a new all time high again, this time into the 3901 level and above that 3910-12. It’s that level of 3910-12 that needs to be monitored as a possibility of a RIP there can cause us to get a minor correction but as above, we need to break below 3865-70 to see a change in dynamic. If we do break below that 3970 level and get a decent close, with a clear reversal, we can then look to target the lower levels 3855 and below that 3838 initially. I would like to see lower, but due to NFP this week instead of last week, we may continue to stretch upside or range up here before then getting a retracement into mean. We’re going to leave it there and as usual we will update traders best we can during the week with the box targets and the analysis. KOG’s bias for the week: Bullish above 3840 Bearish on break of 3830 RED BOX TARGETS: Break above 3890 for 3902, 3904, 3910, 3917, 3930 and 3933 in extension of the move Break below 3868 for 3865, 3855, 3850, 3843, 3837 and 3830 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
FX:XAUUSD
by KnightsofGold
26
BITCOIN → False breakout of the all-time high zoneBINANCE:BTCUSDT is rising amid the US government shutdown and testing the all-time high zone and resistance at 123.3K - 123.7K. A false breakout has formed and the market is moving into local consolidation. The price is reacting aggressively to the retest of the uptrend support. A rally is forming, and Bitcoin is testing the ATH zone. As part of the distribution (14% rally), the price reaches an important resistance zone, behind which lies a liquidity pool - 123.3K - 124.5K. However, the growth ends with a false breakout and subsequent price consolidation in the sales zone. To break through such a strong zone, the market needs significant consolidation, which is currently lacking, and the news that caused the price to grow so strongly has already partially exhausted its potential. Thus, the market may move into consolidation, correction to accumulate potential, or wait for the next bullish driver. Resistance levels: 123.3K, 123.7K, 124.5K Support levels: 119.2K, 117.8K I do not rule out the possibility of a retest of 123.7 - 124.5, but technically, on Friday, the market began a sell-off (profit-taking), forming a sufficiently long shadow on the daily candlestick. In the medium term, I expect a correction to the local break-even and imbalance zone of 119K - 117K before another attempt at growth is made Best regards, R. Linda!
Short
by RLinda
20
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Not a bad open to the week with the support level not even needing to be visited and the red box breaking early session. We managed to complete all the red box targets again, in one swoop and now we're way stretched on price! For that reason we would say resistance above 3880-5 needs to hold us down if visited first, and if we can get a RIP, potential to re-visit the order region 3850-55. We have to break above for higher at the moment, so please play caution. Sentiment is tipping not in the favour of bears, so pull backs may still remain limited. KOG’s bias for the week: Bullish above 3840 Bearish on break of 3830 RED BOX TARGETS: Break above 3890 for 3902✅, 3904✅, 3910✅, 3917✅, 3930✅ and 3933✅ in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
5
EURUSD consolidating but remains in a broader downtrendThe EUR/USD pair has been consolidating but remains in a broader downtrend. The recent price action suggests that a deeper correction pattern could unfold. The pair corrected as expected but did not get close to the 1.1770 resistance level. Interestingly, the recent U.S. government shutdown news had little impact on the U.S. dollar, indicating continued underlying strength. From a technical perspective, EUR/USD declined further following the recent news from France, which may have shifted investor sentiment. The market appears to be losing focus on U.S. political events and Trump, and instead, attention is turning back to the Eurozone. If this shift continues, EUR/USD could extend its decline further than initially anticipated. The next key support level is around 1.1555, which traders should watch closely for potential buying interest or a further breakdown. You may find more details in the chart. Trade wisely best of Luck Buddies. Ps; Support with like and comments fir better analysis Thanks for Supporting.
Short
by MrMartin_11
11
SILVER (XAG/USD): One More Bullish Wave is Coming?!⚠️ SILVER appears to be confined within a horizontal range, as observed on the 4-hour chart. The price is currently nearing the upper limit of this range. Given the prevailing strong bullish trend, there is a considerable likelihood of a continued upward movement. A breakout and a 4-hour candle closing above the indicated resistance level would serve as a dependable confirmation. The subsequent objective for buyers is anticipated to be 49.00. Conversely, the market might persist in its consolidation phase, trading within the established range.
CAPITALCOM:SILVER
by linofx1
21
GBP/USD has repeatedly faced rejection near a key resistance GBP/USD Structure British pound weakened to 1.3440 on Monday, reversing part of last week’s 0.6% gain, as renewed U.S. dollar strength and political uncertainty in France weighed on European markets the Bank of England has kept interest rates unchanged, and markets do not expect rate cuts until 2026, as inflation remains persistently high. This hawkish outlook continues to limit upside potential for GBP. Technical Outlook: From a technical perspective, GBP/USD has repeatedly faced rejection near a key resistance zone, indicating strong selling pressure at higher levels. The pair remains in a consolidation phase within a broader bearish trend. Although the pair is not yet positioned for a decisive move — partly due to reduced market activity — the current resistance zone could push the price lower, potentially retesting the next major support level near 1.3250. You may find more details in the chart. Trade wisely best of Luck. Ps; Support with like and comments for better analysis Thanks for Supporting.
Short
by MrMartin_11
6
Bitcoin the price is still in range zone The price is still bounded with this support and resistance of range zone which is also mentioned on the chart too and soon i believe we can expect breakout of 125K$ to the upside and then targets like 127K$ & 132$ are easy to hit as new ATH. But also we should remember this that if 110K$ break to the downside then market is bearish after a months and dump can be huge. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
by MMBTtrader
11
CLSK Testing Macro Triangle Upper Boundary!NASDAQ:CLSK Macro analysis shows a multi-year triangle has completed at the mid EQ, where price has the highest probability of completing wave E. CRYPTOCAP:XRP Did a x10 after this breakout and I am expecting similar move with CLSK. Price should consolidate for a while in $16-$20 range as it works through wave D and trend-line resistance. Downside target is the weekly pivot at $13.45 which could offer a great buy! All time high sits at $80, triangle pattern target is extremely high at $200 (triangle height measured from wave E bottom) but take this with a pinch of salt and keep your profit taking realistic! Crazier price moves have happened! Weekly RSI is not yet oversold and price often gathers months of strong momentum when RSI gets to these levels reinforcing the analysis. Safe trading
NASDAQ:CLSK
by Maddox_Metrics
5
BTC eyes on 125.5k: next stop on way to 138k Golden GenesisShown here is a single fib series in three different time-frames. The Genesis Sequence (from birth) has called all major turns. Now approaching a "minor" but key ratio of this life-cycle fib. Break-n-Retest of this fib points to the Golden Genesis next. $ 125,550.41 is the exact level of interest. $ 137.965.76 is the Golden (major) fib above. $ 117,868.41 is the first support fib below. It is PROBABLE that we orbit this fib a few times. It is POSSIBLE that we break and retest for next leg. It is PLAUSIBLE that we reject and drop to sister fib. . See "Related Publications" for previous Trade Calls such as this EXACT TOP: It have us a PREFECT SELL signal and then a RE-BIUY as well. . Hit BOOST and FOLLOW for more such PRECISE and TIMELLY charts. ========================================================== .
COINBASE:BTCUSD
by EuroMotif
9
CAKE – Ready for Continuation After a Perfect Breakout RetestAfter the low from April, which aligned almost perfectly with the 2023 bottom, CAKE has shown remarkably constructive price action, steadily forming higher lows and repeatedly pressing against the $3 resistance zone. Last week, the price finally broke above this major resistance and, in a textbook technical fashion, came back to retest the breakout level before rebounding strongly — confirming buyer commitment. At the moment, CAKE trades around $3.5, holding well above the former resistance and showing signs of a potential upside continuation. ________________________________________ Key Levels & Outlook • Support: $3.0 (former resistance, now key support) • Intermediate target: $5.0 • Extended target: $10.0 (if momentum and broader market sentiment remain strong) ________________________________________ Trading Plan My preferred strategy is to buy dips against the $3 level, aiming for $5 as a soft target, while keeping a runner for a potential test of $10 if the bullish momentum accelerates. CAKE has proven resilience — now it’s time to see if it can turn this constructive structure into a sustained breakout.
Long
by Mihai_Iacob
1
AUDUSD Eyes 0.65900 as Gold Nears Record HighHey Traders, in the coming week we are monitoring AUDUSD for a potential buying opportunity around the 0.65900 zone. AUDUSD remains in an uptrend and is currently in a correction phase, with price moving toward this key support/resistance level. Structure: The broader bias is bullish, with price retracing toward trend support. Key level in focus: 0.65900 — an important area where buyers may look to re-enter. Fundamentals: Gold continues to rise and is nearing a fresh ATH, supported by a bearish US Dollar bias. Given the positive correlation between AUDUSD and Gold, further upside on the pair remains likely. Next move: Monitoring price reaction at 0.65900 to assess whether the trend resumes higher. Trade safe, Joe.
Long
by JoeChampion
14
Bitcoin Showed Breakout zone from top SideBitcoin’s price is currently testing a new all-time-high zone and encountering strong resistance around 123,000. A false breakout has formed at this level, and the market has entered a phase of local consolidation. Price action is now moving aggressively toward testing the uptrend support zone. While a retest of 123,000 cannot be completely ruled out, technical signals from Friday’s sell-off — including profit-taking and a long upper shadow on the daily candlestick — suggest that a medium-term correction is likely. I expect Bitcoin to retrace toward the local break-even / imbalance zone near 117,500 before attempting another move to the upside. You may find more details in the chart. Trade wisely best of Luck Buddies. Ps; Support with like and comments for better analysis Thanks for Supporting.
Short
by MrMartin_11
22
Gold outlook and analysisHi traders The market has slightly shifted from the main trend, starting from the intended zone. On the 1H timeframe, a new target has been defined for short-term buyers, which is clearly visible on the chart. Additionally, there are two higher-timeframe targets (weekly & monthly) that currently act as key resistance levels in the market. The market structure from M15 upward remains bullish, showing corrective buy setups toward the three projected targets marked on the chart. At the moment, the strongest unmitigated liquidity zone is located in the 65–60 range, which serves as the main support area.
FOREXCOM:XAUUSDLong
by kinshinreza
2
US30 Possible False Breakout and Short-Term The US30 has recently shown strong consolidation near its top resistance zone, forming a new record high around 47,100. However, the breakout above this level appears to be losing momentum, raising the possibility of a false breakout. If price fails to hold above 47,100 and shows signs of rejection, this could trigger a short-term corrective move each key support and resistance zone highlighted on the chart remains critical to watch. The market’s reaction — whether a clean breakout or a rejection — will likely determine the next directional move should the index respect the current resistance and reverse, the next significant short-term support to monitor is located near 45,500. You may find more details in the chart. Trade wisely best of luck. Ps; Support with like and comments for better analysis Thanks for Supporting.
CAPITALCOM:US30Short
by MrMartin_11
5
Ethereum ATH Incoming - As soon as BTC goes back to sleep. Our BINANCE:ETHUSDT.P algorithm triggered a long position. All of our technical indicators calculate a 77.8% arithmetic average long signal strength . The most important piece of "evidence" for our speculation that Ethereum will reach new ATH levels within the next month is the fact that Extreme Trend BREAKOUTS and the High-Volatility TREND FOLLOWER conditions triggered the trade together and sit at 100% long signal strength at the time of writing. Our other breakout condition - Double-Filtered Channel BREAKOUTS sits at 80% long signal strength too. Why is all that relevant? Because these conditions (made up out of 5-6 technical indicators each) are meant to detect and enter breakouts, following the trend from the very start. While it is programmed to exit at 2%, we believe that a bigger move is in preparation. We recently saw BINANCE:BTCUSDT.P reach unprecedented highs. Historically, when Bitcoin stops it's parabolic growth and money starts flowing back into fiat and other cryptos - ETH benefits first. Fundamentally, Ethereum is the backbone of the smart-contract and Web3 revolution. Solana, PolkaDot, BNB and other alt-coins are all derived from and inspired by the Ethereum virtual machine. This makes us ask the question - why is Ethereum lagging behind so much behind Bitcoin? Well, there are a couple of possible answers and they all lead to the same conclusion: - Solana, with it's lower barriers for entry, profited the most from the retail excitement around meme-coins. The easy coding language and simple, but functional and cheap websites for creating these "meme-coins" took away a large chunk of the retail volume that would otherwise go towards Ethereum. - Ethereum's switch from proof-of-work to proof-of-stake is just now completing. The release of pre-PoS era staked ETH to large investors over the last year is finally reaching a point in time and price where it is more profitable for large ETH stakers to be incentivized to start keeping their original investment. Basically - there is less and less incentive to sell your staked Ethereum and more incentives to stake more (and therefore buy on Spot). From the picture above we can see that the $4700 level is a major resistance level. Once that is broken, we have very little historical references for what may happen. Or in other words - 4700 is the level from which we will bounce into price discovery after hopefully turning into support. Not a lot of time is left in this crypto cycle. And Ethereum tends to finish it's parabolic increase towards the end of the classical 4-year cycle.
Long
by sofex
1
GBPUSD Daily CLS Range, Key Level OB, Distribution PhaseHi friends, new range created. As always we are looking for the manipulation in to the key level around the range. Don't forget confirmation switch from manipulation phase to the distribution phase to make the setup valid. Stay patient and enter only after change in order flow. If price reaches 50% of the range take partial or full close. 📌 HTF - Higher Timeframe view 🧩 Complete proces and Strategy explained 👇 Click Picture Below to read 🎯 Why your market approach also should be mechanical ? NO Fixed Mechanical Trading Logic - You are guessing random patterns NO Defined trading plan - Every trade different logic NO Same logic in each trade - Not possible to backtest NO Backtests on at least 300 trades - Not knowing Statistics ➡️ No Statistics ➡️ No Edge ➡️ Mindset ProblemS 🧠 Core of mindset problems If you don't know your statistics on large enough data sample. You don't know your probabilities of win rate once the losing streak happen and it happens to every strategy. You will start doubting, hesitating to take next trade because you don't know statistics of your losses. In the end you will be doubting strategy and then jump to different one. You will be in the endless loop for years, looking for new better strategy. 👊 Your ultimate goal as a trader is not to be a generalist who knows 10 000 patterns. But rather create one system with narrowed criteria of each element of the trade to remove subjective and emotional decisions as much as possible and stick to this system no matter what. Practice it 10 000 times become a MASTER. ✨ Trading Mastery is reflection of your life Have a longterm plan, No Alcohol & Drugs, Ignore others, Focus on your journey , Backtest regularly, Review your weeks, Journal mistakes, Exercise, Sleep well, Read books, Walks in nature (no phone) , Meditate, Reduce social media time, Spend time with family, Live Life. Trading is hard, but not impossible. I believe in you 💪 David Perk aka Dave Fx Hunter
Short
by David_Perk
10