Decision Point โ Bounce or Breakdown?EURUSD is trading at a key decision area after a sustained decline from the upper range. Price is now approaching the mid-range support, with momentum slowing, suggesting the market is preparing for either a reaction bounce or continuation lower.
The broader structure remains range-bound, with price capped below the 1.1800โ1.1810 resistance zone and buyers historically stepping in near the lower boundary.
Resistance: 1.1800 โ 1.1810
Support: 1.1700 โ 1.1710
Decision zone: 1.1730 โ 1.1740
โก๏ธ Primary: hold above 1.1700 โ corrective bounce โ rotation back toward 1.1760โ1.1780.
โ ๏ธ Risk: clean break below 1.1700 โ continuation toward the lower support zone before stabilization.
Technical-indicators
EUR/USD Is Not Trending โ This Is a Controlled Liquidity RangeMarket Analysis (EUR/USD โ H1)
EUR/USD is currently trading inside a well-defined sideways range, with price repeatedly rotating between support around 1.1760โ1.1770 and resistance near 1.1804, while the upper extension at 1.1819 remains untouched. The structure is clear: lower highs capped by resistance and consistent demand absorption at support, signaling balance rather than directional conviction.
From a technical perspective , the repeated rejections at 1.1804 confirm the presence of resting sell liquidity, while buyers continue to defend the support zone aggressively, preventing a breakdown. Volume remains relatively stable without expansion, reinforcing that this is range rotation driven by liquidity sweeps, not trend continuation.
Macro-wise, EUR/USD remains sensitive to USD yield stability and expectations around Fed policy normalization. With no fresh catalyst shifting rate differentials, price action reflects indecision and positioning cleanup, not a new macro leg. Until either USD strength accelerates or Euro demand improves via data surprise, this range is likely to persist.
Key takeaway:
As long as price holds above 1.1760, downside remains limited. However, a clean breakout above 1.1804โ1.1819 with volume is required to unlock bullish continuation. Until then, EUR/USD remains a mean-reversion environment, favoring patience over prediction.
ETH/USD โ H1 Technical Analysis DetailETH/USD โ H1 Technical Analysis
Ethereum has just delivered a strong impulsive breakout from the consolidation structure around 2,950โ2,980, pushing price decisively above the prior balance area and reclaiming the psychological $3,000 level. This move is technically significant because it comes after an extended period of compression, where liquidity was building on both sides of the range.
From a structure perspective, ETH has flipped the former resistance zone around 2,980โ3,000 into a new support zone. The impulsive bullish candle was accompanied by a clear volume expansion, confirming that this was not a false breakout but rather active participation from buyers. As long as price holds above this reclaimed support, the bullish structure remains intact.
The next key levels are clearly defined:
Immediate support: 2,980โ3,000
Resistance 1: ~3,033
Major resistance: ~3,073
A healthy pullback into the 3,000 zone would be structurally bullish, allowing the market to build a higher low before attempting continuation toward 3,030 โ 3,070. A clean break and acceptance above 3,073 would open the door for a broader upside expansion on higher timeframes.
On the macro backdrop, ETH is benefiting from a stable risk-on environment, with crypto sentiment supported by expectations of easier monetary conditions in 2026, declining US real yields, and continued institutional positioning in large-cap digital assets. As long as Bitcoin holds its higher range and the USD remains capped, Ethereum retains upside potential.
Conclusion:
This is no longer a range trade. ETH has shifted into a bullish continuation phase, with pullbacks likely to be corrective rather than trend-reversing. The market now favors buying dips above $3,000, not chasing breakouts blindly, while respecting that failure back below 2,980 would invalidate the bullish scenario.
โGold Is Not Overextended โ This Is Controlled Accumulation CURRENT MARKET ANALYSIS & TODAYโS TREND
Gold (XAUUSD) โ H1
Market Context
Gold continues to maintain a dominant bullish trend on the H1 timeframe. Following the Wyckoff accumulation process (Phase B), price has shown clear absorption behavior, breaking above the previous equilibrium area. This confirms that smart money remains in control of the trend.
Structure & Technical Perspective
Price is developing a continuation impulsive structure, where corrective legs (2) and (4) remain purely technical and do not damage the bullish framework.
The market stays above key moving averages, validating sustained upside momentum.
The 4.46x โ 4.47x zone is acting as a dynamic support area. As long as price holds above this region, bullish strength remains intact and continuation pressure builds.
Todayโs Scenario
Primary bias: BUY with the trend.
Focus on pullback entries, not chasing highs.
If momentum persists, the market is positioned to extend toward the 4.57x zone and beyond.
Only a clear breakdown below the lower support zone would require reassessing the bullish outlook.
Market Conclusion
Main Trend: UP
Market State: Re-accumulation within a strong bullish cycle
Strategy: Follow the trend, execute patiently, manage risk strictly
Gold is not distributing โ it is absorbing supply and preparing for the next leg higher.
TODAYโS LIMITED STRATEGY โ DEC 24
Intraday Bias: Re-accumulation
๐ SETUP 1: Timing Sell Zone (Counter-trend scalp)
SELL ZONE: 4576 โ 4579
TP: 4573 โ 4568
SL: 4583
Short-term reaction trade only. Strict risk control required.
๐ SETUP 2: Timing Buy Zone (Trend-following)
BUY ZONE: 4430 โ 4433
TP: 4436 โ 4441
SL: 4426
Preferred setup โ aligns with the dominant bullish structure.
Final Note:
Stay disciplined. Trade in alignment with structure, respect risk management, and let the market confirm continuation rather than forcing entries.
XAU/USD 1H โ Bullish Continuation from Demand Zone?๐ XAU/USD (Gold) 1H Analysis โ Bullish Continuation Setup
๐น Market Structure: Gold has been in a strong uptrend, with price currently consolidating near a key demand zone.
๐น Key Levels:
๐ด Resistance: $3,050 - $3,060 (Potential target)
๐ฃ Demand Zone: $3,030 - $3,035 (Support area)
๐ Deeper Support: $3,025 (Break below weakens bullish bias)
๐ Potential Trade Setup:
1๏ธโฃ A possible pullback into the demand zone could attract buyers.
2๏ธโฃ Price may wick below liquidity before reversing.
3๏ธโฃ If support holds, we anticipate a move toward $3,050+.
โ
Entry Zone: $3,030 - $3,035
๐ฏ Target: $3,050 - $3,060
๐จ Stop Loss: Below $3,025
โ ๏ธ Watch for price action confirmation before entering. A strong bullish candle from support could signal entry. Let the market show its hand! ๐โจ
XAU/USD Bullish Outlook: Wyckoff Accumulation & Breakout PotentXAU/USD (Gold) - 2H Chart Analysis ๐๐
๐น Wyckoff Structure Insight
The chart shows signs of a Wyckoff Accumulation phase.
UTAD (Upthrust After Distribution) at the previous highs suggests a liquidity grab.
Test of the resistance level before a strong rejection downward.
SOW (Sign of Weakness) was observed, but buyers regained control.
๐น Key Technical Levels
Fair Value Range marked below, showing a potential area of demand.
Unfilled Imbalance (EMB unfilled) signals an area where price might revisit before continuing upward.
Gap below indicates a previous liquidity sweep before the bullish reversal.
๐น Trend & Price Action
The 200 EMA (red line) is holding as dynamic support.
Current price action is showing higher lows and bullish structure development.
Projected bullish move ๐ is expected to test the $2,940+ region.
๐น Trading Bias: Bullish โ
A retracement to the EMA or minor pullback could offer re-entry opportunities.
Invalidation level: Below $2,900, where momentum could shift bearish.
๐ Gold remains strong; watch for breakouts above $2,940!
AUD/USD at Critical Support โ Breakout or Breakdown? ๐ AUD/USD Daily Chart Analysis โ March 9, 2025
Key Observations:
Ascending Channel ๐
The price is moving within an upward channel, indicating a short-term bullish trend.
Support & Resistance Zones ๐ฆ๐ฅ
Support: Around 0.6231 - 0.6200 (blue zone). A breakdown below this could push the price lower toward 0.6129 (orange zone).
Resistance: The 0.6460 - 0.6584 level is the next major hurdle for bulls.
200-Day Moving Average (Red Line) ๐ด
The price is currently below the 200-MA, indicating a long-term bearish sentiment. However, a breakout above this level could signal a trend reversal.
Potential Scenarios ๐
โ
Bullish Case: If the price sustains above 0.6231, we could see a bounce towards 0.6460 - 0.6584 in the coming weeks.
โ Bearish Case: A break below 0.6231 could push the price toward the 0.6129 - 0.6100 region before finding support.
Trade Plan ๐ฏ
Buy Zone: Around 0.6231 with a stop-loss below 0.6200.
Sell Zone: If price rejects 0.6460, a short position could be considered with a stop above 0.6584.
๐ Conclusion: AUD/USD is at a key decision point. Bulls need to hold support for further upside. A breakdown could trigger a bearish move.
GBP/USD 4H Analysis โ Bullish Momentum & Key Demand Zones๐ GBP/USD 4H Analysis โ Smart Money Concepts (SMC) Perspective
Current Market Structure:
๐ Bullish Momentum: The price is currently trending upwards after breaking a short-term high (SH) and liquidity zone.
๐ Change of Character (CH): Confirmed as the price broke previous resistance, signaling a possible trend continuation.
Key Zones & Levels:
๐ฃ H4 Block Order (Demand Zone): Marked in purple, this area aligns with a strong order block, indicating potential buying interest if the price retraces.
๐ฅ Daily Fair Value Gap (FVG): Above the demand zone, acting as a potential area for price rebalancing before resuming the uptrend.
๐ด 200 EMA at 1.25179: Serving as dynamic support, aligning with the demand zone for potential buy setups.
Potential Scenarios:
๐ Retracement to Demand Zone (1.2500 - 1.2550)
Buyers may step in at the H4 Block Order & Fair Value Gap.
Price could form a higher low before continuation.
๐ Bullish Expansion to New Highs (1.2750 - 1.2800)
If demand holds, expect a strong push-up towards liquidity areas.
Breakout could trigger momentum buying.
Bias:
โ
Bullish (Higher Highs & Higher Lows Forming)
โ ๏ธ Caution: If price breaks below 1.2500, sentiment may shift bearish.
AUD/JPY 4H: Potential Reversal at Support Zone !!Price Action: The price is trading below the 200-period EMA, indicating that the general trend is bearish. However, there's a price bounce near the orange box (support zone), suggesting that a reversal could occur from this level.
Support and Resistance Zones:
The support zone is the orange box around 95.85โ96.10. Price is near the lower bound of this zone, which could provide a buying opportunity if the price holds above it.
Resistance is at the higher level of around 97.55, and there's also a minor resistance around 96.70, which is likely a short-term obstacle.
EMA (200): The 200-period EMA (at 96.69) is acting as a dynamic resistance, contributing to the overall bearish bias. If price closes above it, there could be a shift in sentiment.
Potential Trade Setup: The analysis shows a possible buying opportunity if price holds above the orange box (95.85โ96.10). A potential upside target would be around the 97.55 level, which aligns with previous price action resistance.
Overall, this chart is suggesting a bounce off the support zone with a possible move towards resistance. However, the trend remains bearish as long as the price stays below the 200 EMA.
BTC/USD Analysis: Bullish Momentum Faces Resistance at $110,000!Looking at this chart of BTC/USD on the 4-hour timeframe:
Current Price: The price of Bitcoin is currently around $98,468.88, with a slight increase of +0.24% for the session.
Key Levels:
The price is approaching a strong resistance zone near the $110,000 level, which is marked with a shaded area above the current price. This could act as a psychological barrier or a sell-off zone if the price reaches this level.
On the downside, there is support near the $94,000 level, indicated by a box in the lower part of the chart. The market has shown a tendency to bounce from this zone in the past.
200 EMA: The 200-period Exponential Moving Average (EMA) is currently around $98,193, and the price is trading slightly above it, which indicates that the trend may be leaning bullish, but a pullback to this level could be expected.
Price Action: The chart shows a series of upward movements after consolidation in the lower range, which suggests bullish momentum. However, the proximity to resistance means the price might face some challenges breaking through the $110,000 zone.
Overall, thereโs potential for Bitcoin to test higher levels, especially if it can clear the resistance near $110,000. But a pullback or consolidation around the $94,000 region could also be on the cards. Keep an eye on volume and price behavior around these levels to confirm the next move.
BTC/USD: Key Levels and Breakout Watch!!Market Overview:
The BTC/USD pair is currently in a consolidation phase, with price action contained between two key levels. This analysis aims to evaluate the market structure, potential breakout points, and the most likely directional move based on technical indicators. ๐
Price Structure & Key Zones:
Resistance Levels:
97,900 USD: This key resistance level has been tested multiple times. The market has recently interacted with it, showing signs of rejection. ๐ง Breaking above this zone would be a bullish sign. A sustained break would confirm a potential uptrend. ๐
100,258 USD: The next critical resistance lies just above the previous level. A breakthrough here could confirm the market is ready to rally higher! ๐ฏ
109,546 USD: The ultimate target zone, with further resistance likely. ๐ A break through this area would confirm a significant bullish move.
Support Levels:
94,000-95,000 USD: Strong support in this range, where price has bounced higher before. ๐ A failure to hold this level could signal a bearish reversal. โ ๏ธ
Trend Analysis:
200 EMA: The price is above the 200 EMA, showing a bullish short-term trend. ๐ A positive sign of upward momentum, confirming the current market sentiment is more inclined toward the upside. ๐
Rising Wedge Formation: This is a continuation pattern, suggesting that the market could break higher if resistance is overcome. ๐ผ The potential move toward 100,258 USD could be the next phase if the breakout occurs.
Volume & Momentum:
Volume has been relatively low, indicating consolidation. ๐ก A breakout with higher volume would confirm the strength of any directional move. ๐ฅ
Potential Scenarios:
Bullish Scenario:
If the price breaks above 97,900 USD, we can expect a bullish move toward 100,258 USD, with the 109,546 USD zone as the next target. ๐๐
Bearish Scenario:
A failure to break resistance could lead to a pullback to 94,000-95,000 USD, or even lower if support breaks down. โ ๏ธ A downside move may signal a deeper correction.
Conclusion:
The market is at a crucial point. If Bitcoin can break through 97,900 USD, we may see a bullish rally toward 100,258 USD and 109,546 USD. ๐ If resistance holds, expect a possible move toward lower support levels. ๐ Keep an eye on volume and key levels! ๐ฏ
Letโs stay alert and react accordingly! ๐๐
XAU/USD Technical Analysis: Testing Key Resistance at 2,935 - !!XAU/USD (Gold vs US Dollar) โ 30-Minute Timeframe Analysis
Current Market Context:
The XAU/USD pair has been in an overall bullish trend, evidenced by the price being positioned above the 200-period Exponential Moving Average (EMA), indicating the dominance of buyers in the market. However, the price action currently suggests a potential reversal or consolidation at key resistance.
Key Levels:
Resistance Zone: The price has approached a significant resistance area near 2,935, which has historically served as a reversal zone. The market is currently struggling to maintain bullish momentum at this level, with a recent rejection visible.
Support Zone: A clear support level can be identified around 2,920, where price has previously found buying interest. A break below this could indicate a deeper retracement towards lower levels.
Technical Indicators:
200 EMA: The price is trading above the 200 EMA, which traditionally signals an uptrend. However, the recent pullback suggests the market could be testing this level for support.
Price Action: The formation of lower wicks and the rejection at the resistance zone may suggest waning bullish momentum, which could trigger a pullback or consolidation in the short term.
Potential Scenarios:
Bullish Continuation: If the price successfully breaks above the resistance zone (around 2,935), we could expect a continuation towards higher levels, targeting 2,940 or beyond. Confirmation of this move would require a strong close above the resistance with increased volume.
Bearish Reversal: Should the price fail to break above the resistance and begin to show signs of rejection (as seen with the current price action), a potential short-term bearish move could occur. The first target would likely be the support around 2,920, with a deeper retracement towards 2,915 if the market sentiment turns more risk-averse.
Conclusion:
At present, XAU/USD is at a crucial juncture. The key resistance zone at 2,935 is critical for determining the next directional move. A failure to break above this level could lead to a short-term bearish retracement, while a successful breakout would reaffirm the bullish trend. Traders should monitor for price action confirmation near these levels to assess the most probable market direction.
EUR/GBP Technical Analysis: Bullish Rebound from Key Support!!Key Observations:
1. Support Zone & Trendline:
A support zone (marked in red) is visible, which aligns with a rising trendline. The price has tested this area and bounced upwards, suggesting demand at this level.
2. Bullish Rejection & Confirmation:
The recent price action shows rejection of lower prices within the support zone.
A bullish candle has emerged after the price tested this zone, hinting at potential upside momentum.
3. Moving Average Resistance:
The 200-day EMA (Exponential Moving Average) at 0.84058 acts as a significant resistance level.
If the price sustains above the trendline and support zone, a potential retest of the 200 EMA is likely.
4. Price Target & Direction:
The blue arrow suggests an expected bullish move.
The immediate target is around 0.8400 - 0.8450, where the 200 EMA and previous price action resistance exist.
Conclusion & Trading Plan:
Bullish Bias: As long as the price holds above the trendline and support zone, further upside is favored.
Breakout Confirmation: A daily close above 0.8350 could further confirm bullish momentum.
Bearish Scenario: If the price breaks below the trendline and support zone, it could trigger a bearish move toward 0.8250.
Crypto Total Market Cap Consolidation: Imminent Breakout Ahead?Key Observations:
1. Symmetrical Triangle Pattern:
The price is consolidating inside a symmetrical triangle, with lower highs and higher lows.
A breakout in either direction is imminent.
2. Exponential Moving Average (EMA 200):
The 200-period EMA is at 3.26T, currently acting as resistance.
A breakout above this level could indicate a bullish trend continuation.
3. Relative Strength Index (RSI 14):
Current RSI: 49.34, slightly below the neutral 50 level.
This suggests neutral momentum, with no clear overbought/oversold signals.
A move above 55-60 could indicate increasing bullish momentum.
Potential Scenarios:
1. Bullish Breakout:
If TOTAL breaks above the triangle resistance and EMA 200, the next targets could be 3.3T - 3.5T.
Confirmation requires high volume and RSI above 55.
2. Bearish Breakdown:
A break below the triangle support could push TOTAL toward 3.0T or lower.
RSI dropping below 40 would confirm bearish momentum.
Conclusion:
The market is in a consolidation phase, awaiting a breakout. Watch for volume confirmation and EMA 200 reaction to determine the next move.
Silver (XAG/USD) Gaining Momentum โ Next Target $32-$33?Silver is showing strong bullish momentum, currently trading around $31.53, with a +1.25% gain. The price has broken above key resistance levels and is now trading above the 200 EMA (currently at $30.48), which signals a potential continuation of the uptrend.
There's a fair volume range above, along with an internal liquidity level (Int. LQ), which could act as the next target. The market has already filled a previous market block (MB), suggesting that the structure is clean for further upside.
If this bullish momentum holds, the price could push toward $32 - $33 in the short term. A retest of support near $30.50 (200 EMA) would still keep the uptrend intact.
USDCAD Bearish Breakdown: Retest & Drop Incoming? USDCAD Daily Chart Analysis ๐๐ฅ
1๏ธโฃ Trend Breakdown:
The pair was in an uptrend but has now broken below the ascending trendline, signaling a potential bearish shift.
2๏ธโฃ Resistance Zone (Supply Area) ๐ฆ:
The 1.4350 - 1.4450 region acted as resistance, rejecting price strongly.
Multiple rejections in this area indicate strong selling pressure.
3๏ธโฃ Bearish Confirmation ๐:
Price is now trading below the broken trendline.
The recent daily candle closed bearish, confirming sellers are in control.
4๏ธโฃ Key Support Areas ๐:
1.3957 (200 EMA) โ A crucial dynamic support level.
1.3916 โ Previous key level that may act as strong demand.
5๏ธโฃ Projected Move โฌ๏ธ:
Price may retest the broken trendline (pullback).
If rejection occurs, further drop towards 1.3950 - 1.3910 is likely.
๐ Final Thought:
A bearish move is in play! Watch for a pullback to retest the broken structure before considering further shorts. If price breaks below 1.3950, expect further declines.
๐ญ Whatโs your bias? Bulls ๐ or Bears ๐ป?
EUR/USD Breakout Imminent? Key Resistance in Focus!๐ EUR/USD Daily Chart Analysis โ Bullish Breakout Incoming? ๐
๐น Key Levels:
Resistance Zone (Blue Box): Around 1.0450 - 1.0500
Support Zone (Red Box): Around 1.0250 - 1.0300
200 EMA (Red Line): Acting as a dynamic resistance near 1.0663
๐น Price Action & Structure:
Price is testing a strong resistance zone (blue box) after multiple failed attempts.
A clean breakout above this level could trigger a bullish rally towards 1.0600 - 1.0700 (next resistance).
If rejected, a pullback towards 1.0300 before another attempt is possible.
๐น Market Sentiment & Bias: โ
Higher lows forming = bullish pressure building. โ
Break and retest scenario likely, as indicated by the projection. โ
200 EMA remains a key target for bulls.
๐ Potential Trade Setup:
Breakout above 1.0500 โ Buy opportunity
Rejection โ Short-term pullback before another attempt
๐ฏ Bullish Confirmation Above 1.0500 ๐๐น
XAU/USD 30-Min Analysis โ Bullish Reversal & Breakout SetupGold (XAU/USD) - 30-Minute Chart Analysis ๐๐
Key Observations:
Market Structure Shift (CHOCH - Change of Character) ๐
The chart marks a CHOCH, signaling a potential shift from bearish to bullish momentum.
This suggests that the recent downtrend may have concluded, and buyers are stepping in.
Liquidity Grab & Stop Hunt ๐ฏ
The price dipped below the SELL STOP level, likely triggering stop-loss orders.
A sharp rejection followed, indicating strong buying interest at lower levels.
200 EMA (Exponential Moving Average) as Dynamic Support ๐
The price tested the 200 EMA (2,885.011) and bounced off, reinforcing the bullish case.
This suggests that institutional traders might be accumulating positions near this zone.
Bullish Breakout Potential ๐
The highlighted grey box represents a potential order block or accumulation zone.
A breakout above this area could confirm the bullish continuation towards the target level (2,942.963).
Trade Setup:
Entry Zone: Retest of the grey accumulation zone (around 2,894 - 2,899).
Stop-Loss: Below the recent low (around 2,880).
Target: 2,942.963 (previous resistance & psychological level).
Risk-Reward Ratio: ~2.5:1 (optimal for a trade execution).
Final Thoughts:
๐ธ If price holds above the breakout zone, we could see a strong rally towards 2,942.
๐ธ If it fails to hold and falls below 2,880, expect further downside retracement.
๐ธ Bullish sentiment is favored, but confirmation is key! โ
XAU/USD Breakout โ Targeting $2,950?XAU/USD (Gold) 1H Chart Analysis ๐๐
๐น Current Price: $2,926.285
๐น Recent High: $2,927.305
๐น Recent Low: $2,923.840
๐น 200 EMA Support: $2,870.242 (far below current price)
Key Observations & Setup
โ
Breakout Confirmed: The price has broken out of a descending trendline, signaling bullish momentum.
โ
Target Zone: The red resistance zone near $2,945 - $2,950 is the next potential target.
โ
Potential Move: Price is expected to climb toward this resistance area before facing rejection or continuation.
โ
Support Levels: If the breakout fails, the previous resistance (now support) around $2,915 - $2,920 could be tested.
Trading Plan ๐๐ก
Bullish Play: If price holds above the breakout level, targeting $2,945 - $2,950 could be a solid setup.
Bearish Rejection: Watch for rejection at the resistance zone for possible short opportunities.
EMA Support: The 200 EMA remains far below, reinforcing overall bullish sentiment unless a major pullback occurs.
๐ข Final Thoughts: This is a classic breakout & retest scenario. If momentum sustains, we could see a push into the resistance zone. Stay cautious for any rejection signals! ๐๐ฅ
Gold Analysis โ Potential Pullback Within Ascending ChannelKey Observations:
Current Price: $2,900.48
Recent High: $2,907.29
200 EMA (Red Line): $2,758.59 (Strong support level)
Projection: Price may correct lower towards the channelโs lower boundary (~$2,875)
Analysis:
๐ Short-Term Bearish: A pullback could happen before further upside if the trend holds. If price breaks below the channel, a deeper correction towards the 200 EMA might follow.
๐ Trading Idea: Traders might look for buying opportunities at the lower trendline (~$2,875-$2,880) if price shows support.
XAU/USD Bullish Breakout โ Gold Eyes $2,928 & Beyond!๐ฅ XAU/USD Analysis โ February 4, 2025 ๐ฅ
๐ Current Price: $2,842.18 (+0.98%)
๐ Trend: Bullish momentum inside an ascending channel
๐ Key Levels to Watch:
๐ต Resistance: $2,928.75 โ If this level breaks, expect further upside movement! ๐
๐ต Support: $2,729.13 โ Strong demand zone; watch for pullbacks.
๐ด EMA 200: $2,534.85 โ Long-term bullish confirmation above this level! โ
๐ Possible Scenarios:
โ
Bullish Case: Price continues the uptrend, targeting $2,928.75 next. If broken, gold could see $3,000+ soon! ๐ฏ๐ฅ
โ ๏ธ Bearish Case: A rejection from resistance could lead to a pullback towards $2,800-$2,730.
๐ก Final Thoughts:
The bullish momentum is still strong, and dips could be buying opportunities! ๐๐ Watch for price action near key levels.
๐ข Gold bulls, are you ready for new highs? ๐๐ฐ
Gold (XAU/USD) 4H: Bullish with Possible Pullback?Gold (XAU/USD) 4H Chart Analysis: Bullish Trend with Possible Pullback
Key Observations:
1. Price Action & Trend:
The price is currently trading around $2,817.685.
The trend appears bullish, with a strong upward move.
There is a marked internal liquidity (Int. LQ) taken, indicating that liquidity has been absorbed, which could lead to further upside.
A market structure break (MB filled) suggests past resistance turned into support.
2. Technical Indicators:
Exponential Moving Average (EMA 200, red line) is at $2,709.123, which is significantly below the current price. This suggests that gold is in a strong uptrend.
Relative Strength Index (RSI, 14 close) is at 68.56, nearing the overbought zone (70) but still has room for potential upside.
3. Projected Movement:
The chart suggests a potential pullback (small consolidation) before further upward movement.
Fair volume ranges (marked in red) indicate levels where price may slow down or consolidate before continuation.
Price is above key liquidity levels, which may act as support.
Conclusion:
The trend remains bullish, and the price could continue rising after a minor consolidation.
Key levels to watch:
Support: Around $2,800 (former liquidity level).
Resistance: Next potential target is $2,840 - $2,860.
Risk Consideration: RSI is approaching overbought levels, so a short-term correction could occur before another push higher.
Bitcoin (BTC/USDT) 4H Analysis: Critical Support Test โ(caption)๐ Bitcoin (BTC/USDT) 4H Chart Analysis (Feb 2, 2025) ๐
๐ Key Observations:
1๏ธโฃ Strong Support Zone (Red Box) ๐
BTC is currently testing the $98,000 - $99,000 support zone.
This level has previously acted as a demand area, meaning buyers might step in.
2๏ธโฃ 200 EMA (Exponential Moving Average) Resistance (Red Line) ๐
The 200 EMA at $100,718 is acting as dynamic resistance.
A break and close above this level would indicate bullish strength.
3๏ธโฃ Key Resistance Levels ๐ง
$100,718 (200 EMA Resistance)
$102,884 (Major Horizontal Resistance)
If price breaks these levels, next targets: $104,000 - $106,000.
4๏ธโฃ Key Support Levels ๐ ๏ธ
$98,000 - $99,000 (Current Demand Zone)
$90,000 - $89,184 (Next Major Support Below)
๐ Possible BTC Price Scenarios:
โ
Bullish Case (Price Bounces from Support) ๐ข
If BTC holds above $98,000 - $99,000, a move toward $102,884 and higher is possible.
Breaking above $102,884 could trigger a rally toward $104,000 - $106,000.
Watch for volume increase & bullish candlestick confirmation.
โ Bearish Case (Break Below Support) ๐ด
If BTC breaks below $98,000, we could see a drop to $90,000 - $89,184.
A break below $90,000 could lead to further downside toward $88,000.
Watch for strong selling pressure & breakdown candle.
๐ Final Thoughts: BTC at a Critical Level!
๐จ Decision Point: BTC is at a key support levelโwill bulls step in, or will bears take control?
๐น For Bulls: Need to reclaim $100,700+ for bullish continuation.
๐น For Bears: Losing $98,000 could open the door for a drop toward $90,000.
๐ Keep an eye on price action & volume for the next big move!
๐ฅ Whatโs your bias? Bullish ๐ or Bearish ๐? Letโs discuss!






















