XAU/USD | Watch Gold at $4100 – Pullback or Continuation Ahead?By analyzing the Gold chart on the 2-hour timeframe, we can see that after the last analysis, the price dropped from $3997 to $3984, then quickly found strong demand and started a powerful rally, breaking the $4040 resistance.
At the moment, Gold has reached the $4100 zone. A short-term pullback from this level is likely, but after a brief correction, I expect the uptrend to continue. The next bullish targets are $4140, $4156, and $4162.
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Technical Analysis
ZECUSDT - Testing Support For Potential Relief BouncePrice is reacting to a strong demand zone after forming an M-top pattern on the higher timeframe. Watching for a short-term relief move toward the 0.5–0.618 retracement levels (around 470–490) before deciding whether this becomes a full reversal or just a retest.
If the 450 level holds, continuation to 520–540 is possible. If 450 breaks cleanly, I’ll look for a deeper long setup near 399–371.
Stop loss for the short-term long is below 450.
GBP/USD | Pound Eyes 1.32 After Breaking Key Level!By analyzing the GBP/USD chart on the 1-hour timeframe, we can see that after climbing to 1.31900, the pair has entered a new bullish scenario and is now trading around 1.31700.
I expect to see a minor pullback first, after which we’ll need to see if the price can hold above 1.31500 — if it does, we can anticipate further upside movement.
The first target for this potential rise is 1.31980.
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USDJPY Consolidates Near 78.6% Fibonacci ResistanceUSDJPY has entered a consolidation phase just below the 0.786 Fibonacci retracement level around 154.78, following a strong recovery from mid-year lows. The pair remains above both the 50-day (blue) and 200-day (red) simple moving averages, indicating that the broader structure continues to favor the upside despite recent pauses in momentum.
A series of higher lows since April forms a clear ascending trendline, underscoring the sustained bullish bias. The MACD lines are flattening near the zero level, signaling waning momentum but no confirmed bearish shift. Meanwhile, the RSI holds around 61, reflecting moderate bullish strength without reaching overbought territory.
For now, USDJPY trades within a tight range between 151.60 (0.618 Fib support) and 154.80 (resistance). A decisive break beyond this upper boundary would reaffirm bullish continuation, while a move below 151.60 could open the door for a deeper pullback toward the 50% retracement near 149.35.
-MW
Gold Rebounds Above 50-Day SMA After PullbackGold has regained upward momentum following a short-term correction, with price now trading back above the 50-day simple moving average (SMA) near $3,900. This area acted as dynamic support after the strong breakout from the earlier ascending triangle pattern, which had contained price action between roughly $3,250 and $3,450 for several months.
The MACD histogram is beginning to flatten after a recent bearish crossover, suggesting downside momentum may be fading. Meanwhile, the RSI has recovered from near-neutral levels to around 59, showing improving strength without yet entering overbought territory — a sign that the rebound still has room to develop.
From a structural standpoint, the long-term trend remains constructive, supported by the 200-day SMA trending steadily higher near $3,390. As long as gold maintains support above the 50-day SMA, the bias stays broadly bullish within an established uptrend.
-MW
Backtesting on TradingViewBased on the massive feedback from our previous article about backtesting we decided to make a follow up on how to backtest your strategy.
Every trader talks about strategy.
Few actually test it.
Backtesting is where ideas meet data — and TradingView makes it surprisingly simple.
Whether you code your own system or use built-in tools, backtesting shows you how your logic performs before you risk a single dollar.
1. Open the Strategy Tester
Start by opening the chart of the asset you want to test.
Click “Strategy Tester” at the bottom of the screen.
This activates TradingView’s built-in engine that simulates your system’s historical trades automatically.
You’ll see three tabs appear:
Overview: a summary of your results.
Performance Summary: key stats like profit, drawdown, and win rate.
List of Trades: every single historical trade your strategy executed.
2. Load or Create a Strategy
Go to the Indicators & Strategies tab.
TradingView separates indicators from strategies — only strategies can trigger trades for backtesting!
You have two options:
Use a built-in or public strategy: like “MACD Strategy” or “Moving Average Crossover.”
Paste your own Pine Script strategy: under “Pine Editor,” then click “Add to Chart.”
Once applied, TradingView automatically calculates historical trades based on your logic.
Tip: Indicators are for signals, strategies are for testing execution.
3. Adjust the Test Parameters
To make your test realistic, click the ⚙️ icon next to your strategy name.
In the Properties tab, you can define:
Initial capital (e.g. $10,000)
Position size (fixed or percent-based)
Commission and slippage
Pyramiding (how many positions can stack)
Then set your date range in the Strategy Tester — for example, test from 01-01-2022 to 01-01-2024.
The goal is to simulate what your system would have done under real conditions.
4. Analyze the Results
Once the test runs, TradingView gives you a detailed breakdown:
Net Profit (%) — your total gain or loss.
Max Drawdown — your biggest loss from peak to trough.
Win Rate & Profit Factor — how often you win and how much you win versus lose.
Average Trade — the mean result per trade.
Equity Curve — how your balance evolved over time.
Scroll through the List of Trades to see how each entry and exit behaved.
If you spot clusters of losses, note the pattern — that’s where improvements start.
This is the part where you analyze and think why did a trade fail and how can I avoid it.
TradingView also enables you to export data in excel so its super easy to analyze and look for improvement.
5. Refine and Forward-Test
Once you’ve seen how your system performs historically, make small adjustments.
Change one parameter at a time — like EMA length, RSI threshold, or stop-loss distance — and rerun the test.
When you find consistent results across timeframes or markets, move to paper trading mode.
Forward-testing confirms your backtest logic under real conditions, including live volatility and execution timing.
If your live and backtested results align closely, you’ve built something solid and you are ready to make money.
A big tip here, even a small thing such as a change in stop loss or timeframe change from 15 minutes to 14 minutes can make a huge difference so try out different conditions.
XAUUSD Breakout Rally Underway — Parallel Channel RetestGold (XAUUSD) is showcasing a classic parallel channel breakout retest pattern that could propel prices higher toward the 4225+ zone in the coming sessions.
Over the past several days, price action has been neatly contained within a parallel channel, bounded by an upward-sloping support line and a steady resistance band. Each swing high and low respected this range, forming a strong structural base for a potential breakout setup.
Recently, the price managed to break above the resistance zone, confirming bullish momentum. This breakout came after a strong impulse move from the channel's support, pushing above the resistance with increasing volume and strength.
Now, the price is revisiting the previous resistance — which is expected to act as a new support. This type of breakout retest is a healthy sign of a sustainable uptrend. If buyers defend this zone, it opens the door for the next bullish leg.
Key Observations:
Support Zone: Around 4100 (former resistance now acting as support)
Resistance Turned Support: Confirming strength in the breakout
Pattern Height Projection: The earlier swing height projected from the breakout point gives a bullish target above 4225
Confirmation Needed: A bounce from the retest zone with a strong candle will confirm the next leg up
Possible Trading Strategy:
Entry: On confirmation candle after retest (e.g., bullish engulfing on 1H or 4H)
Targets:
Target 1: 4165
Final Target: 4225+
Stop Loss: Below 4085 (just under the retest zone)
In summary, the structure favors bulls as long as price holds above the 4100 support. The clean breakout and retest setup, backed by prior channel compression, indicates that XAUUSD is preparing for a fresh upside wave. Keep an eye on the confirmation candle — this move could offer a low-risk, high-reward setup in gold.
TradeCityPro | FETUSDT Analysis AI Coins Ready to Take Off?🚀 FETUSDT Analysis — Are AI Coins Ready to Take Off? 🤖
Let’s move on to the analysis of FET (Fetch.ai) — one of the leading projects in the AI and data category, which could soon attract significant capital inflow. It’s worth keeping an eye on this one, as momentum might be building up in the AI sector.
🌐 Overview of Bitcoin
Before starting the analysis, let me remind you once again that we’ve moved the Bitcoin analysis section to a dedicated daily report at your request — allowing us to discuss Bitcoin’s trend, dominance, and overall market sentiment in greater detail each day:
📊 Technical Structure (4H Timeframe)
After losing the key 0.5213 support, FET experienced a sharp drop toward the daily support at 0.2037, where it finally found strong buying pressure.
From that level, the coin made an impressive rebound up to 0.3830, followed by a rejection and a pullback to 0.2936, where buyers once again stepped in to defend the zone.
💎 Bullish Scenario (Long Setup):
If price breaks above 0.3830, it would confirm renewed bullish momentum — signaling a potential long entry opportunity, with the main target at 0.5213. This move would indicate that AI-related coins are gaining strength again.
🔻 Bearish Scenario (Short Setup):
While there are better short setups available on coins like SUI and APE, if FET fails to print a higher high and instead breaks below 0.2936, a short-term correctional short trade could still be considered — though with lower conviction compared to other charts.
📈 Summary:
FET is currently showing signs of accumulation after a deep correction, and the AI narrative could fuel the next breakout. Keep an eye on 0.3830 as your early trigger zone — a breakout there might just mark the start of the next leg up for AI tokens.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
SNDK Bullish Continuation: Breakout Toward 285–305On the 1D chart, SNDK has shifted from months of range-bound trade into a powerful uptrend, with price riding well above the 20/60/120-day MAs in a classic bullish stack. Momentum is hot and volatility has expanded, but the market now faces near-term resistance at $270.91 (the latest swing high). The nearest structural demand sits around $185.00—the October “ledge” that launched the current leg.
Primary path: a decisive daily close above $271 confirms a breakout and resumes price discovery. If buyers hold that break, upside extension toward $285 is the first objective, with a continuation push into the $303–$305 area aligning with the recent measured move and psychological magnet. In this scenario, shallow retests of $270.91 turning into support would reinforce the trend.
If $270.91 rejects, expect digestion or a deeper fade before another attempt. A cooling phase could trap price between roughly $265–$270; a heavier unwind risks a drive toward $245 and even $225 if profit-taking accelerates. The bullish idea is invalidated on a daily close back below $185.00, which would mark a clear character change and open room for a broader correction toward the rising 20-day MA ($181.91).
This is a study, not financial advice. Manage risk and invalidations
1 Little-Known USDJPY Long Trigger That Actually WorksLadies and gentlemen, USDJPY finally broke its daily downtrend upwards. Momentum has completely shifted to uptrend.
Setup and Entry : After breaking the resistance at 154.363 and moving above the 1H shadow—meaning above 154.503—I expect growth to levels 155.874 and continuing to 156.821 for USDJPY.
I strongly recommend placing a stop buy in such conditions above the shadow I mentioned, because it shows that buyers have broken this level, and with the liquidity gathered from sellers, we can have strong upward growth with high momentum.
Exit Plan : If after breaking 154.363 it turns out to be a fakeout and we head back down without going above the shadow at 154.503, our scenario gets canceled, and we'll need to wait for a proper break candle or look at bearish scenarios. For stop loss, if we start the growth from here, a logical stop would be below the 154.060 levels, or if you want to play it safer, below the previous low at 153.871.
Goal : The aim of this position is to capture the continuation of the HWC and the start of the uptrend in MWC (daily), so it's better to use partial profits for early exits to stay aligned with the trend and secure higher R/R ratios.
AUDUSD: Bullish Move From Support 🇦🇺🇺🇸
AUDUSD will likely bounce from a key intraday/daily support.
A double bottom pattern on that provides a reliable confirmation.
Expect a rise at least to 0.6535
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Ethereum Is Approaching SupportEthereum has been slowing down since August, but the wave structure remains slow, choppy, and overlapping, which suggests a correction within an ongoing uptrend. The ideal support area appears to be around the 3000 level.
One of the main reasons Ethereum may find support is the ETHUSD Longs/Shorts ratio chart, which came back to the lower end of its range. This indicates that many speculators are attempting to short the market while giving up on long positions.
If we take past cycles into account, Ethereum may experience limited weakness. Therefore, keep an eye out for a potential rebound and a bullish continuation, while the ETHUSD Longs/Shorts ratio chart could move back toward the upper side of its range.
Transocean Ltd (RIG) – Bullish BreakoutSummary:
RIG has broken out of long consolidation and strong resistance at 3.40 with high volume , showing strong buyer interest.
After the breakout, price pulled back and formed a flag pattern , then broke out again yesterday , confirming bullish continuation .
Trading Plan:
Entry: 4.20
Support: 3.72
Target: 5.20
“The Changing Wind” for the EuroEURUSD is showing signs of recovery after a prolonged downtrend — and this time, both fundamental and technical factors are aligning.
On the fundamental side , the ECB has made it clear: there’s no reason to cut rates further . In other words, Eurozone interest rates are sitting at a “golden balance” — tight enough to keep inflation in check, yet not restrictive enough to hurt growth.
This has boosted confidence in the Euro , especially as trade tensions between the EU and the US have eased over the past six months. With market sentiment improving, investors are gradually rotating back into EUR.
On the technical side, the EURUSD H4 chart shows a short-term bottom forming around 1.1530 , followed by a rebound approaching the key resistance zone near 1.1630, which aligns with the descending trendline and Ichimoku cloud.
The price action suggests a likely minor pullback before another push upward , potentially breaking the downtrend that’s been in place since October.
In summary:
As long as the price holds above 1.1530, this recovery phase still has room to grow — and the Euro might just be catching a real tailwind.
GBPJPY: Bearish Move From Resistance 🇬🇧🇯🇵
There is a high probability that GBPJPY will retrace
from the underlined resistance.
A double top pattern on that and a formation of a bearish imbalance
provide a strong signal.
Goal - 202.7
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold Is Back – As the Fed Weakens, the Metal RisesGold has just surged over 2%, reaching its two-week high, and the reason behind this rally is clear: U.S. economic data is showing signs of weakness, fueling expectations that the Federal Reserve may cut interest rates sooner than expected.
As bond yields decline, demand for non-yielding assets like gold rises sharply. Smart money is once again rotating toward safe havens.
On the technical side, XAUUSD has been moving steadily within an ascending channel over the past several sessions.
Each pullback has been quickly absorbed by buyers, showing that bullish momentum remains in control.
Currently, price is testing the resistance zone around 4170, and if it breaks successfully, the rally could extend toward the 4200 – 4230 area.
$SPY $SPX Scenarios — Tuesday, Nov 11, 2025🔮 AMEX:SPY SP:SPX Scenarios — Tuesday, Nov 11, 2025 🔮
🌍 Market-Moving Headlines
🇺🇸 Veterans Day — U.S. bond market closed, equities open but expect thin liquidity and lower volume.
💬 Fed focus: Fed Governor Michael Barr headlines the day’s lone major event, speaking mid-morning on financial stability and supervision.
📉 Small-business sentiment dips: The NFIB Optimism Index slipped to 98.2 from 98.8, reflecting softer hiring plans and higher cost concerns.
⚠️ Shutdown delays: Broader federal data remains constrained this week — investors will continue watching Fed commentary for policy cues.
📊 Key Data and Events (ET)
⏰ 6:00 AM — NFIB Small Business Optimism (Oct) | 98.2 vs 98.8 prior
⏰ 10:25 AM — Michael Barr (Fed Governor) speech
📉 Bond market closed for Veterans Day; expect quieter sessions and possible afternoon drift in equities.
⚠️ Note:
No Tier-1 data today. With lighter volume and no Treasury trading, price action will likely be headline-driven. Keep an eye on Barr’s tone for any hints on post-shutdown policy or liquidity support.
⚠️ Disclaimer: Educational and informational only — not financial advice.
📌 #SPY #SPX #trading #Fed #MichaelBarr #NFIB #VeteransDay #markets #macro #liquidity #bonds
GBP/USD – “The Resistance Wall Weighs Heavily on the Bulls”The GBP/USD market is under clear pressure as the U.S. dollar strengthens on expectations that the Federal Reserve will maintain a stable monetary policy stance, while the Bank of England (BoE) sends a more dovish signal amid easing inflation and rising rate-cut pressure. At the same time, the U.K. government’s plan to raise taxes is dampening investor sentiment toward the pound.
On the 4-hour chart, the technical structure reveals a weak rebound within a broader downtrend . Price is hovering around the 1.3150 – 1.3200 zone — a key resistance area aligned with the previous swing high. If the pair fails to break above this level, selling pressure may intensify, pushing prices back toward the 1.3030 support area.
Any short-term rallies in this region are likely to be bull traps, preceding a continuation of the dominant downtrend. Sellers remain firmly in control, especially as fundamentals continue to favor the USD.
EUR/USD Loses Momentum – Sellers Take Back Control!The market is beginning to show clear signs: the U.S. dollar is regaining strength , while EUR/USD faces strong correction pressure after a short-lived recovery. The latest news from the U.S. indicates that sentiment is shifting in favor of the greenback, as expectations for a government reopening and improving economic stability are boosting confidence in the USD.
On the 4H chart, EUR/USD remains in a long-term descending channel , with every pullback to resistance quickly rejected. Recently, price reacted to the upper boundary of the channel around 1.1580, forming a clear rejection signal.
If price fails to break above this zone, the bearish scenario will likely dominate, targeting the 1.1470 support area — a key confluence zone aligning with previous lows and the lower trendline. Sellers may look to add positions on minor retracements as the overall bearish structure remains intact.
In summary, with fundamentals supporting a stronger USD and technical patterns confirming a bearish setup , EUR/USD is expected to stay under downside pressure in the short term — unless a decisive breakout above 1.1580 occurs.
DOGEUSDT – Bearish Setup Toward $0.15 DOGEUSDT – Bearish Setup Toward $0.15 📉
Dogecoin remains under strong bearish pressure, following multiple Breaks of Structure (BOS) and Market Structure Shifts (MSS) on the 3H timeframe. After a brief consolidation phase, price continues to respect the descending trend, indicating a lack of bullish strength.
Currently, DOGEUSDT is attempting a minor upward correction, likely to retest the $0.20 supply zone — a region that could act as a liquidity grab before the next major downside move. If price fails to hold above that zone, the market may trigger a sharp drop toward the $0.15 level, confirming continuation of the broader bearish trend.
Momentum remains weak, and sellers continue to dominate short-term rallies — suggesting further downside pressure in the coming sessions.
SWING IDEA - FIRSTCRY (BRAINBEES SOLUTIONS LTD)FirstCry (Brainbees Solutions) , a leading omni-channel retailer for baby and kids’ products, is showing signs of a potential breakout, presenting a strong swing trading opportunity.
Reasons are listed below :
400 resistance zone tested multiple times — now looking ready for a breakout
Attempting to break out of a 7+ month consolidation phase
Volume spikes suggest accumulation by smart money
Golden Fibonacci retracement support in play
Price action forming higher highs, confirming bullish structure
Target - 500 // 540
Stoploss - daily close below 348
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