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Technical Analysis

XAUUSD: Short-Term Decline Awaiting a Correction?XAUUSD is currently in a short-term downtrend, and the chart suggests that the price could continue to decrease if resistance levels are not broken. The short-term target is 3,362.30. Technical Analysis: XAUUSD is trading below the resistance level at 3,403.70. If it remains below this level, the next targets will be 3,362.30. Fundamental Analysis: Strong economic data from the U.S., particularly the preliminary quarterly GDP, lower-than-expected jobless claims, and a higher-than-expected core PCE index, all support the U.S. dollar. As the USD strengthens, the demand for gold decreases, pushing the price of gold lower. Trading Strategy: Open a sell order when the price remains below 3,403.70, with targets at 3,362.30. Place a stop-loss above the 3,403.70 resistance level to protect the trade. With both technical and fundamental factors supporting the bearish trend, XAUUSD may continue its short-term decline.
OANDA:XAUUSDShort
by Rocky_trade_
3
USDJPY Rebound Faces 148.300 Resistance, Eyes on 146.900 Target!Hey Traders, In today's trading session we are monitoring USDJPY for a selling opportunity around 148.300 zone. USDJPY has been moving lower overall, with price currently correcting toward the 148.300 area. Structure: The broader bias has been bearish, but recent price action is showing a short-term pullback. Key level in focus: 148.300 — previously acted as support/resistance. Next move: Rejecting this zone could resume the bearish move, with 146.900 as a potential target since it aligns with the partial trend and a key support area. A break above 148.300, however, would question the downside bias. Monitoring how price reacts around 148.300 to see whether sellers regain control or if the correction deepens. Trade safe, Joe.
Short
by JoeChampion
26
Technical Analysis for SOL/USDTBased on mathematical and statistical models, along with technical tools such as Fibonacci retracement levels and moving averages, Solana (SOL) continues to show strong bullish momentum after breaking key levels and trading around $215. 🔹 Resistance Levels $216.75: The first major resistance, derived from the 100% Fibonacci extension. A confirmed breakout above this level would likely trigger a new impulsive move upward. 🚀 $225.61: A critical resistance zone. Surpassing this level would further validate the bullish trend and open the door for an extended rally toward $230+. 🔹 Support Levels $213.38: The first support level. Holding above this zone reflects buyers’ strength, while a break below it could lead to a short-term correction. 🛡️ $210.84: A stronger and more decisive support aligned with the 78.6% Fibonacci retracement. Losing this level would weaken bullish momentum and potentially push the price down toward $206 – $202. 📈 Indicators The RSI is hovering around 72, signaling overbought conditions ⚠️, which may trigger short-term corrections before any further upside. The 20 & 50 EMAs remain in a bullish alignment, confirming the upward trend as long as price holds above key support levels. 🟢 Bullish Scenario A successful breakout above $216.75 will pave the way toward $225.61, with potential continuation toward $230+ if momentum persists. 🔴 Bearish Scenario Failure to clear resistance and a corrective pullback could test $213.38 first, followed by $210.84 as a decisive support level to avoid a deeper trend reversal. ✅ Conclusion Solana stands at a critical juncture between strong resistances around $216 – $225 and solid supports near $213 – $210. A breakout or breakdown from these zones will define the next major move — either extending the bullish rally or triggering a deeper correction. ⚖️
by MMTRADING-BNB
Gold Plan (28/08) – Captain VincentXAU/USD – Gold at Storm Breaker 3400: Consolidation before breaking ATH? 1. Market Waves 🌍 Throughout last week, gold consistently formed BOS (Break of Structure) , confirming that buyers remain dominant. Currently, price is moving around 3,394 – 3,400, right at Storm Breaker 🌊 – the critical barrier before aiming at the previous ATH 3,424. The big question: Will gold consolidate and then smash through ATH, or does it need a pullback towards key support before surging stronger in September? 2. Technical Outlook ⚙️ Storm Breaker 🌊 (Major Resistance): 3400 – 3424 (previous ATH). This is the gateway gold must conquer to unlock a new bullish trend. Golden Harbor 🏝️ (Key Support): 3375 – 3355 – 3330. Confluence of FVG + Fibonacci 0.5/0.618 , likely to attract liquidity if price corrects. Short-term scenario: Price may pull back to Golden Harbor before breaking higher. 3. Captain Vincent’s Map – Trade Scenarios 🪙 🔺 Quick Boarding 🚤 (BUY Scalp – pullback priority) Entry: 3353 – 3355 SL: 3349 TP: 3356 → 3359 → 3361 → 33xx 🔻 Storm Breaker 🌊 (SELL reaction – previous ATH) Entry: 3422 – 3424 (if tested) SL: 3430 TP: 3419 → 3415 → 3410 → 3405 → 33xx 4. Captain’s Note ⚓ “The gold ship is now approaching Storm Breaker 🌊 3400 – 3424 . If it breaks through, a vast ocean opens with a new bullish trend. But if rough waves push it back, patience at Golden Harbor 🏝️ will secure the anchor and prepare for September’s big wave.”
OANDA:XAUUSD
by CaptainVincent
1
Technical Analysis for BTC/USDTBased on mathematical and statistical models, along with Fibonacci retracement levels and moving averages, Bitcoin is currently trading near the $113,000 area. The recent bullish momentum has pushed the price upward, but the market now faces key pivot levels that will determine the next move. 🔹 Key Resistance Levels $114,047.7: The first major resistance. A clear breakout above this level could fuel further bullish momentum. 🚀 $114,995.1: A critical resistance both technically and psychologically. Surpassing this level would likely open the way towards $115,800 – $116,000, confirming the strength of the current uptrend. 🔹 Major Support Levels $108,829: A crucial support zone. If broken, short-term market sentiment may shift from bullish to neutral. 🛡️ $108,349: A stronger support level. A breakdown here could trigger a move toward $107,000 or even lower. 📈 Indicator Insights The RSI is hovering near 66, suggesting the market is gradually entering overbought territory. This highlights the importance of the resistance zones, where profit-taking could occur. The 20 & 50 EMA lines are showing a bullish crossover, supporting upward momentum as long as support levels hold. 🟢 Bullish Scenario If the price breaks above $114,047.7 and then $114,995.1, Bitcoin could quickly advance toward $115,800 – $116,000 in the short term. 🔴 Bearish Scenario Failure to sustain above $113,000 could lead to a pullback, with $108,829 as the first line of defense, followed by the stronger support at $108,349. A breakdown below this zone would turn the short-term outlook bearish. ✅ Conclusion Bitcoin is at a decisive point: strong resistance lies between $114K – $115K, while robust supports are clustered near $108K. A breakout or breakdown from these levels will set the tone for the next major move. Until then, risk management remains essential. ⚖️
by MMTRADING-BNB
GBPUSD: Strong Uptrend – Heading Toward New LevelsGBPUSD is in an uptrend after breaking through key resistance levels. The chart shows that if the price continues to hold above 1.33870, the pair could target 1.34990 in the short term. Technical Analysis: GBPUSD is currently trading near the support level at 1.33870. If the price holds above this level and does not break it, the likelihood of further upside is high, with the next target at 1.34990. Fundamental Analysis: Following negative news from the USD, particularly President Donald Trump’s statement about firing a Federal Reserve board member, the USD weakened. This has created an opportunity for GBP to strengthen. Trading Strategy: Open a buy order when the price holds above 1.33870, targeting 1.34990. Set a stop-loss below 1.33870 to protect the trade.
Long
by Rocky_trade_
2
EURUSD: Strong Uptrend – Ready to Break Key LevelsEURUSD is currently in a stable uptrend, breaking through key resistance levels. The chart shows that the pair could continue to rise as the price breaks above 1.16040 and targets 1.16670 and 1.17020 in the short term. Technical Analysis: The price is currently trading near important support levels at 1.16040. If EURUSD holds above this level, the pair could continue to move higher, with targets at 1.16670 and 1.17020. Fundamental Analysis: The USD has weakened following President Donald Trump's statement about firing a Federal Reserve board member. Additionally, weak economic data from the US, including a decline in durable goods orders, has increased expectations that the Fed will cut interest rates. This has provided momentum for EURUSD to rise. Trading Strategy: Open a buy order when the price breaks above 1.16040, with targets at 1.16670 and 1.17020. Place a stop-loss below the support level at 1.16040 to protect the trade.
Long
by Rocky_trade_
Bullish Setup for XAU/USDHello traders , the gold market is currently in a sensitive phase, still influenced by Fed Chair Jerome Powell’s remarks at Jackson Hole, signaling that monetary tightening could ease if the labor market weakens. This has pushed U.S. bond yields lower and weakened the dollar, allowing gold to remain elevated. Adding to this , rising geopolitical tensions are fueling bullish momentum for gold, providing a solid foundation for recovery if global risks persist. On the chart , gold is trading around $3,370, after bouncing strongly from the $3,321 support. This zone is becoming a “launchpad” for the next leg higher, especially as gold holds above key EMA levels. The price structure outlines a bullish scenario with resistance targets: $3,400 (psychological level – short-term take profit zone) $3,433 (extended target – next strong resistance) If the Fed maintains its dovish tone and the dollar stays weak , gold could sustain its upward momentum in the short term, opening the door to higher levels into September.
OANDA:XAUUSDLong
by Rocky_trade_
7
$SPY / $SPX Scenarios — Thursday, Aug 28, 2025🔮 AMEX:SPY / SP:SPX Scenarios — Thursday, Aug 28, 2025 🔮 🌍 Market-Moving Headlines 🏔️ Jackson Hole aftershocks: Markets still digest Powell’s stance; cut odds for September in focus. 📉 GDP revision risk: Growth momentum under the microscope with Q2 update. 🛠️ Labor market cooling? Jobless claims set the tone into Friday’s PCE. 📊 Key Data & Events (ET) ⏰ 8:30 AM — Initial Jobless Claims (weekly). ⏰ 8:30 AM — GDP (Q2, 2nd Estimate). ⏰ 11:00 AM — Kansas City Fed Manufacturing Index (Aug). ⚠️ Disclaimer: Educational/informational only — not financial advice. 📌 #trading #stockmarket #SPY #SPX #Fed #GDP #joblessclaims #JacksonHole #bonds #economy
AMEX:SPYLong
by TrendTao
BTCUSD -SUPPORT ZONE 110000 READ CAPTIONhi trade's. BTC is currently approaching a major support area at 110000. If buyers defend this zone, price may attempt a recovery toward the 117000 target zone. A secondary support is seen near 10500 that could provide another reaction level. A breakdown below 104000 risk level would invalidate the bullish view and open room for deeper downside. Support Zone: 110000 Second Support: 10500 Risk Level: 104000 Target Zone: 117000 👉 I share daily chart updates and setups on my TradingView
BITSTAMP:BTCUSDLong
by haleh120
The Power of Mathematics & Statistics in BTC/USDT PredictionWhen comparing the previous analysis with the latest chart, we can clearly see how mathematical and statistical models helped anticipate Bitcoin’s movements with remarkable accuracy using Fibonacci retracements. 🔹 In the earlier analysis, we highlighted the 61.8% level at $111,743 as a decisive pivot. The new chart shows that the price indeed rallied into this zone, even pushing slightly higher towards the 78.6% level at $112,669 before facing strong selling pressure. This demonstrates the precision of mathematical models in mapping potential turning points before they happen. 📈 🔹 Support levels projected previously — such as $110,442 and $109,637 — remain intact as strong defensive zones, perfectly aligned with historical rebound areas. ⚖️ The Comparison Mathematics and statistics are not just theoretical tools; they provide a real-time roadmap for traders: Upside: Price climbed to the 78.6% Fibonacci extension as projected. 🚀 Downside: Key supports held firm, validating the statistical forecasts. 🛡️ 🔍 Momentum indicators (RSI) also confirmed this move: rising from the neutral 52–54 range in the earlier chart to above 62 in the latest one, reinforcing the bullish swing towards mathematically calculated targets. ✅ Conclusion From one chart to the next, it becomes clear: mathematical and statistical models are not only explanatory but predictive. Fibonacci levels acted as precise guideposts, allowing us to foresee both potential highs and lows. Their reflection on actual market action proves the strength of these models — a must-have tool for any professional trader seeking accuracy and confidence. 💡📊
by MMTRADING-BNB
BTC 111,965 pivot battle: bearish bias until a clean reclaim!__________________________________________________________________________________ Market Overview __________________________________________________________________________________ BTC is consolidating below a critical weekly pivot after rejections in the 116–124k area, with rallies sold. The 1D/12H structure remains broadly constructive, but intraday and weekly pressure is still bearish. Momentum: Bearish 📉 below 111,965.5 (W Pivot High) — rebounds are faded until this pivot is reclaimed. Key levels: - Resistances (HTF): 111,965.5 (W), 116,400–116,900 (12H/6H supply), 117,495.9 (720 PH). - Supports (HTF): 110,400–110,600 (intraday shelf), 108,757.9 (240 PL), 100,000–98,530.3 (W PL zone). Volumes: Normal on HTF; moderate-to-normal on 6H/4H; very high 30m spikes on red bars (seller-driven). Multi-timeframe signals: 1D/12H = Up, 1W + LTF (2H/1H/30m/15m) = Down → net “sell-on-rips” bias below 111,965.5; bullish flip only above toward 116.4–116.9k then 117,495.9. Risk On / Risk Off Indicator: Neutral Sell — confirms a slight risk-off posture, aligned with the bearish momentum under the pivot. __________________________________________________________________________________ Trading Playbook __________________________________________________________________________________ Strategic stance: while below the weekly pivot 111,965.5, favor a cautious sell-on-rallies approach; only flip long on a clear, confirmed reclaim. Global bias: Tactical bearish bias below 111,965.5; key invalidation on 4H/12H close > 111,965.5 (strong neutralization > 116.9k). Opportunities: - Fade 111.8–112.0k rallies toward 110.5k then 108.8k. - Breakout buy only > 111,965.5 with a held pullback , aiming 116.4–116.9k then 117,495.9. - Defensive dip buy at 108,757.9 with a tight stop. Risk zones / invalidations: - A break below 108,757.9 opens 100k–98,530.3 → invalidates dip-buys. - A reclaim/close > 116.9k invalidates rebound shorts (squeeze risk). Macro catalysts (Twitter, Perplexity, news): - Political pressure on the Fed and independence debate → rate-path volatility, direct risk appetite impact. - Trade/tariff tensions (record collections, 200% threats) + choppy oil → inflation uncertainty, jumpy curves. - Hedge funds extremely short VIX → September vol spike risk across risk assets. Action plan: - Plan A (dominant, sell-on-rips): Entry 111.8–112.0k / Stop 112.3k / TP1 110.5k, TP2 108.8k, TP3 100k–98.53k / R/R ~1.5–3R. - Plan B (bullish flip): Entry on held retest > 111,965.5 / Stop 111.6k / TP1 116.4k, TP2 116.9k, TP3 117,495.9 / R/R ~2–3R. - Plan C (defensive dip-buy): Entry 108.8–108.76k / Stop < 108,757.9 / TP1 110.5k, TP2 111,965.5, TP3 116.4–116.9k / R/R ~1.5–2.5R. __________________________________________________________________________________ Multi-Timeframe Insights __________________________________________________________________________________ Top-down view: HTF (1D/12H) is still constructive, but LTF and 1W remain in control — the 111,965.5 pivot is the market’s hinge. 1D/12H: Under 111,965.5 cap; a clean close above unlocks 116.4–116.9k then 117,495.9. 6H/4H: Tech rebound from 108.8–109k; 4H shows ISPD = BUY (contrarian) — relief rally possible as long as 108,757.9 holds. 2H/1H/30m/15m: Descending structures; seller-led 30m volume spikes; dominant tactic = fade rallies below 111,965.5. Key confluences/divergences: Singular hinge at 111,965.5 across TFs; 4H contrarian BUY vs LTF SELL → bounce risk, but not durable without a pivot reclaim. __________________________________________________________________________________ Macro & On-Chain Drivers __________________________________________________________________________________ Macro remains binary (rates/inflation/tariffs), feeding flow volatility that maps directly to BTC’s HTF levels. Macro events: - Political pressure on the Fed (talk of firing Lisa Cook) and “SBR” debate → USD/UST swings, less certain rate path. - Record tariff collections, 200% threats, choppy oil → persistent inflation noise. - HFs very short VIX → heightened September vol risk, fewer “clean” breaks. Bitcoin analysis: - Technical: ~111k; 113k highlighted as reclaim level; below the Kumo → failure risks drift, reclaim suggests range re-entry. - Flows: +$88.1M net spot-ETF inflow (Aug 26) after heavy outflows → mixed, headline-sensitive. - Institutions: selective buyers (e.g., Metaplanet); US debate on a Strategic Bitcoin Reserve → sentiment driven by headlines. On-chain data: - Derivatives-led, high OI with recent flush; notable USDC/USDT mints/transfers; exchange outflows → potential fuel, price must confirm. Expected impact: - This macro/on-chain mix supports a “Neutral Sell” bias while below 111,965.5; above it, room for a squeeze toward 116.4–116.9k. __________________________________________________________________________________ Key Takeaways __________________________________________________________________________________ BTC sits below a decisive weekly pivot with intraday selling pressure and only a tentative HTF bid. - Overall trend: bearish/neutral while under 111,965.5; constructive again only after a confirmed reclaim. - Most relevant setup: sell-on-rips 111.8–112.0k toward 110.5k/108.8k; flip long only after a 111,965.5 close + pullback. - One key macro factor: Fed-policy uncertainty and tariffs keep volatility elevated and cap breakouts. Stay disciplined: trade HTF levels, respect invalidations, and watch the volume spikes. ⚠️ __________________________________________________________________________________ __________________________________________________________________________________
INDEX:BTCUSDLong
by Ox_kali
AUDUSD: Uptrend SupportedCurrently, AUDUSD is showing a steady uptrend, with the price staying above important support levels and gradually moving towards the next resistance levels. The chart shows a break of the 0.64700 resistance, which opens up further growth potential. The nearest target for this pair is 0.65600, and if the trend continues, AUDUSD may push further upwards. Fundamental Analysis: After Fed Chairman Jerome Powell's remarks, the weakening of the USD has given more strength to the AUD. If the core PCE index on August 29 comes in lower than expected, this could result in a less aggressive rate hike, weakening the USD, while both gold and AUD continue to rise. Trading Strategy: If the price of AUDUSD breaks through the 0.64700 resistance zone, consider opening a buy position with a target at 0.65600. To protect the trade, set a stop-loss below the 0.64700 support level. In case of a price correction, the 0.64700 level remains an important point to monitor for a continuation of the uptrend. With supporting technical and fundamental factors, the uptrend of AUDUSD is likely to continue in the near future. Keep an eye on economic news and adjust strategies accordingly to take advantage of this upward momentum.
Long
by Rocky_trade_
7
Gold Continues Strong Rise – Will the PCE Decide the Trend?XAUUSD is currently in a strong uptrend, breaking through key resistance levels and staying above the EMA (34) and EMA (89), with support at 3,363 USD. The next resistance levels for gold are at 3,400 USD , with TP1 at 3,408 USD and TP2 at 3,435 USD. If gold stays above these support levels and breaks through 3,400 USD, the uptrend will continue, targeting higher levels. From a fundamental perspective, a few days ago, Fed Chairman Jerome Powell's remarks indicated expectations to maintain a tightening policy if economic data continues to support it. The core PCE index on August 29 will be the deciding factor for gold's trend. If the PCE index is higher than expected (0.3%), the USD could strengthen, putting downward pressure on gold. On the other hand, if the index is lower than expected, the USD will weaken, and gold could continue its strong uptrend. In conclusion, if gold stays above 3,361 USD and breaks through the 3,400 USD resistance level, the uptrend will continue, with targets of 3,408 USD (TP1) and 3,435 USD (TP2). However, the upcoming PCE index results will be the deciding factor for whether gold can continue its rise. Stay tuned and keep an eye on the market!
OANDA:XAUUSDLong
by Rocky_trade_
8
Gold Plan – Captain Vincent ( 27/08 )XAU/USD – Trump strengthens power at the FED, gold ranging around Storm Breaker 1. News Waves 🌍 Trump: “We will soon hold the majority at the FED. Miran may be moved to another position with a longer term.” Trump: “I already have a candidate in mind to replace FED Governor L. Cook.” U.S. Senate: preparing hearings next week for Trump’s FED nominee, S. Miran. 👉 This signals Trump is consolidating power at the FED. Markets fear the FED could lose independence → USD volatility rises, gold benefits from safe-haven flows. 2. Technical Outlook ⚙️ Gold is approaching Storm Breaker 🌊 (3400 – 3402) , overlapping with resistance 3392 – 3406 → high chance of profit-taking sell pressure. On H1, multiple unfilled FVGs remain around 3355 and 3330, suggesting gold may retrace to test these support zones before deciding direction. Intraday trend: range-bound movement → Sell at resistance, short-term Buy at supports. 3. Captain Vincent’s Map – Key Levels 🪙 Resistance (Storm Breaker 🌊): 3406 – 3400 – 3392 Supports: 3372 ( Minor Shield 🛡️ ) 3355 ( Quick Boarding 🚤 – Buy Scalp Zone ) 3344 ( Intermediate Shield 🛡️ ) 3330 ( Golden Harbor 🏝️ – Main Buy Zone ) 4. Trade Scenarios 📌 🔻 SELL at Storm Breaker 🌊 (priority setup) Entry: 3400 – 3402 SL: 3408 TP: 3395 → 3393 → 3389 → 3386 → 33xx 🚤 BUY Scalp – Quick Boarding Entry: 3353 – 3355 SL: 3345 TP: 3358 → 3361 → 3363 → 33xx 🏝️ BUY at Golden Harbor (major support) Entry: 3330 – 3332 SL: 3325 TP: 3335 → 3338 → 3341 → 33xx 5. Captain’s Note ⚓ “Today gold stands before the Storm Breaker 🌊 , but below lie multiple shields of support. Smart traders may take a quick ride at Quick Boarding 🚤 , or patiently wait for Golden Harbor 🏝️ to anchor safely.”
OANDA:XAUUSD
by CaptainVincent
$SPY / $SPX Scenarios — Wednesday, Aug 27, 2025🔮 AMEX:SPY / SP:SPX Scenarios — Wednesday, Aug 27, 2025 🔮 🌍 Market-Moving Headlines 🇺🇸➡️🇮🇳 U.S. slaps 50% tariffs on Indian goods (textiles, gems, leather, machinery) starting today — inflation & trade ripple risk. 💻 Earnings spotlight: Nvidia, CrowdStrike, Snowflake, Alibaba reporting this week → tech volatility in focus. 📊 Key Data & Events (ET) ⏰ All Day — U.S. Treasury Auctions (10-year note, 5-year note + FRN). ⏰ 11:45 AM — Richmond Fed Pres. Tom Barkin speaks. ⚠️ Disclaimer: Educational/informational only — not financial advice. 📌 #trading #stockmarket #SPY #SPX #Fed #tariffs #India #Treasury #earnings #tech #Nvidia
AMEX:SPYLong
by TrendTao
USD/JPY: Downtrend Continues with Weak SupportCurrent Situation: USD/JPY is trading around 147.60, down from its recent high of 148.700. The pair has broken through the key support level at 147.800, opening the possibility for further downside. Downward Target: If USD/JPY maintains below 147.800, the downtrend could continue, with the next support levels at 146.800 and 146.300. Trading Strategy: Prioritize selling on any bounce towards 147.500–147.800. Set the target at 146.800 and 146.300, with a stop loss above 148.00 for risk management. Supporting News: Fed Chair Jerome Powell, speaking at Jackson Hole, signaled that the Fed may ease tightening sooner if the labor market weakens. This has led to a decline in U.S. bond yields and a weaker USD, providing favorable conditions for JPY to strengthen.
Short
by Rocky_trade_
Bitcoin: Is the Uptrend Gaining Strength?Bitcoin (BTC) is currently trading around $110,280, after a drop from a recent peak of $116,700. Despite the correction, BTC remains above important support levels, consolidating its uptrend. Supporting News: Fed Chair Jerome Powell's remarks at Jackson Hole signal that the Fed may ease tightening measures if the labor market weakens. This has led to a decline in U.S. bond yields and a weaker USD, providing favorable conditions for BTC to maintain its upward momentum. Technical Analysis: BTC has broken through the resistance at $116,700 and is now consolidating above support at $108,900. If it stays above this level, BTC could continue targeting $116,700 and possibly even $120,000. Conclusion: With the support of Fed policies and a positive market trend, BTC has strong potential for further short-term gains.
BITSTAMP:BTCUSDLong
by Rocky_trade_
Gold Watching 3,360 Support as Powell Dovish Tone Weighs on USDHey Traders, in tomorrow's trading session we are monitoring Gold for a buying opportunity around 3,360 zone, Gold (XAUUSD) recently broke above the 3,360 resistance, turning it into an important support level to watch on any pullback. A retracement into this zone could help determine whether the breakout has strength to extend toward higher levels. On the fundamental side, Fed Chair Powell struck a dovish tone, signaling support for a potential September rate cut, citing lower inflation pressures and risks in the labor market. This backdrop keeps USD under pressure and maintains a bullish bias for Gold in the near term. Monitoring price action around 3,360 to assess whether buyers defend this level or if deeper consolidation unfolds. Trade safe, Joe.
OANDA:XAUUSDLong
by JoeChampion
26
AMD Pullback Opportunity After 70%+ Rally – Watching $111–$120 📈 AMD Update – Strategic Re-Entry Plan From our original buys at $108, AMD has delivered an impressive 70%+ rally. This strong momentum reflects continued bullish sentiment and growth potential in the semiconductor sector. We’re now looking to add on a pullback into a confluence support zone between $111 and $120. This level aligns with the: 61.8% Fibonacci retracement 99-day TRAMA Horizontal support at $120 📍 Entry Zone: $111–$120 🎯 Take Profit Targets: $160 / $220 / $300 ❌ Stop Loss: Weekly close below $100 #AMD #NASDAQ #SwingTrade #Fibonacci #TechnicalAnalysis #StockMarket #TradingIdeas
NASDAQ:AMDLong
by Richtv_official