XAUUSD: Trendline Breakout Rebound & Key 4372 Supply TargetHello Traders! 👋
Welcome to today's Gold (XAUUSD) technical update on the M15 timeframe.
Gold printed a clean double-bottom reaction inside our 4282 – 4294 demand pocket and successfully broke out above the descending overhead trendline. Price is currently extending its intraday corrective recovery.
🎯 KEY TECHNICAL LEVELS:
⭐ Major Supply Zone: 4372.1 — 4387.4
➤ Primary overhead resistance and previous distribution origin. Look for sell scalp reactions if price reaches this ceiling.
⭐ S/R Fl
Techinicalanalysis
XAUUSD: Correction May Head Toward 4,420XAUUSD is showing signs of short-term weakness on the H1 timeframe after being rejected around the 4,510–4,520 zone. Price is currently consolidating around 4,483–4,490, while the previous bullish momentum has clearly slowed down.
If XAUUSD fails to reclaim the 4,490–4,500 area and selling pressure continues, I expect price to correct further toward 4,420–4,425. This is an important support zone that could trigger a reaction when price retests it.
From a strategy perspective, I prefer waiting
DAX 40 4H — Pullback After a Breakout SpikeDAX 40 4H — Pullback After a Breakout Spike: Can Buyers Defend 24,800?
Market View
DAX 40 is currently trading around the 25,000–25,100 area on the 4H chart. After moving sideways for several weeks, the index made a sharp breakout attempt above the 25,600–25,800 zone, but the move quickly lost momentum and price pulled back toward the previous consolidation area.
This kind of price action shows that buyers are still active, but the market is not in a clean continuation phase yet. The recent
USDCAD Momentum Slowing Near Resistance – Pullback Setup Ahead?USDCAD is currently moving inside a strong bullish structure, but near the current resistance zone I can see momentum starting to slow down.
Because of that, I’m personally expecting a temporary pullback toward the 1.36460 support area before the market decides the next major move.
For me, this is not a full trend reversal setup yet.
The overall structure still looks bullish, but price may need a healthy retracement or liquidity sweep before continuing higher.
That’s why I’m watching the marke
GOLD Waiting for the Momentum Drop Before the Next MoveGold is still holding inside a short-term consolidation zone after the recent bullish momentum.
For now, I’m personally watching the 4670 area very closely because that zone looks like an important reaction level on my chart.
Price is showing signs of slowing down near resistance, and I feel a temporary pullback or liquidity sweep can happen before the market decides the next direction.
If sellers gain control, my focus will be on the Support 1 area near 4670 for possible reaction and momentum
GBPCAD Round 1 – Quiet Bullish Recovery StartedI’m watching GBPCAD closely here on the 1H timeframe.
After spending many days moving inside a heavy accumulation zone, price finally started showing strength from the lower support area.
What catches my attention is the clean recovery from the 0 zone and the strong push back above the mid Fibonacci levels. Buyers are slowly taking control again, and momentum is starting to build candle by candle.
Right now, I’m expecting price to continue climbing toward the higher resistance area near the 1.
DXY Breakout Mode – Dollar Waking UpThis is where things start getting interesting.
For a while, DXY was stuck under pressure…
respecting the trendline and struggling to move higher.
But now — that story is changing.
We finally got a clean breakout above the key zone,
and price is holding above it instead of falling back.
That’s the signal for me.
Not chasing… but observing this shift closely 👀
If buyers keep control above this breakout area,
the next move looks like a push toward 99.09 zone.
This isn’t about predicting a b
EURGBP Breakdown Confirmed – Downside in Play EURGBP Support Break – Sellers Taking Over
Price was holding a strong support zone for a while…
but now that level is clearly broken.
That’s the key shift for me 👀
After the break, price didn’t bounce strongly —
instead, it stayed weak below the zone, showing seller control.
Also, the fib retracement failed to push price back up,
which adds more confidence for downside continuation.
From here, I’m expecting a steady move lower.
First quick target around 0.86630,
and if momentum continues
AUDNZD Bearish Continuation in Play AUDNZD Weak Structure – Further Drop Possible
After a strong push up, price lost momentum and started forming lower highs.
Now we can clearly see a shift —
buyers are getting weaker, and sellers are slowly taking control.
The recent pullback into fib zone failed to hold,
which gives more confidence for downside continuation.
If this pressure continues,
next area I’m watching is around 1.20640 zone.
Not expecting a sharp move…
more like a slow continuation drop.
THE KOG REPORTTHE KOG REPORT:
In last week’s KOG Report we said we would be ideally be looking for the market to open, give us a high into that red box region 3455-60 and then give the reaction we wanted for the short trade. We didn’t quite hit that level falling just shy, but the move did present itself and as you can see all the bearish below red box targets were completed as well as KOG’s bias of the week targets which was bearish below 3465.
We then posted the FOMC KOG Report in which we suggested lo
KRE Regional Banks In Trouble?KRE is starting to scream Danger! Wave 3 up ending. Multiple head and shoulders (one massive) the current uptrending is now starting to CRACK! signaling that the right shoulder will now start to form.
I see no benefit for bulls to hold on as risk is now very high. Furthermore, this is a bad sign for the overall economy and markets as regional banks are US domestic. Bad JUJU!
Don't be a dick for tick! ))
30 MAY LAST DAY FOR ROCKET LAUNCHING IN NIFTYThis comming 30 may 2024 ,according to my little knowledge of gann and techinacal anaylaysis,I am predicting a bottom ,for nifty at whatever price is nifty at that point and a handsome rally in Nifty.This analysis is purely based on technical analysis and time cycle.plz do your dugilience before taking any trade.
EUR USD IdeaCowabunga, dudes and dudettes of the financial waves! It's been a radical Friday ride so far, with the dollar catching a gnarly decline and EUR/USD catching some epic waves, making it a totally tubular day, man.
we totally hit a volume imbalance and filled it up like a pro, but now we're cruising without much volume at all, you know? And, like, here's the gnarly part – that daily candle is closing out super bearish when you check out the candle volumes and how the price is movin'.
It's like we
SasanSeifi 💁♂️BNB /USDT👉4H Hey there,✌
◼In the 4-hour timeframe, the price is currently trading around the $246 range. The scenario we can consider in the 4-hour timeframe is as follows: If the support zone at $242/ $240 is held, we may witness price growth toward the resistance levels at $248 and $250. 💹
🔹To better understand the continuation of the price movement, we need to observe how the price reacts to the resistance levels. If there is buying demand, there is a notable possibility of further price growth in the med
EURJPY SELL 4H CHART ANALYSISEURJPY CHART ANALYSIS POSTED ON SUNDAY 14 MAY 2023.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Trade safe and use always proper risk management.
Thanks in advance for checking my trade idea.
CADJPY SELL CHART ANALYSISCADJPY CHART ANALYSIS POSTED ON SUNDAY 14 MAY 2023.
Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Trade safe and use always proper risk management.
Thanks in advance for checking my trade idea.
-Dissecting the graphic times!-In a previous analysis (click here to see it), we had an obstacle to be overcome, the region of 3961, it was overcome, now let's analyze the possibilities of monthly, weekly and daily.
-The monthly chart is showing us the possibility of an uptrend with prices not losing the 3800 region, and working above the 4100 range.
-We had a strong move up from its last bottom on 10/13 from 3491 to its most recent top at 4100 where we can see a routine correction in the 50% range of all move up.
-On th
The strength is missing, where's the strength?-The bias of the SPX index is still bearish as shown in previous analyses. See the reasons by clicking here and here .
-Prices are still working inside the huge bearish channel and respecting the long average and LTB as resistance.
-The daily chart even formed a high pivot (repeat) to try to reach the 4000 region, however, if prices do not manage to stay above 3961 we will see a test at 3800.
-On the hourly chart we see prices losing the long average, therefore, it opened precedents for t
2023, will be the year of review of "valuations"?-The risk adjustments that many "analytical houses" will make in their "rebalances" of hedged assets, will suggest that the "valuations" of the companies are high.
-We may see an increase in the US interest rate, therefore, we will see the earnings expectations of companies dependent on cheaper loans being reduced quarter by quarter in the first six months of 2023.
-A preponderant factor that may directly interfere with assets around the world are issues related to the containment of American























