ETH/USDT | 1D | LONGG ETH/USDT – 1D | Long Bias 📈
BINANCE:ETHUSD
CRYPTO:ETHUSD
Price has completed a strong sell-off and is now reacting near a key demand zone. This area previously acted as support and aligns with a potential liquidity sweep, suggesting sellers may be exhausted.
🔹 Bias: Bullish (Swing / Mid-term)
🔹 Entry Zone: Current price / Demand area
🔹 Invalidation: Daily close below the marked low
🔹 Targets:
TP1: Previous resistance / imbalance zone
TP2: Higher supply zone
TP3: Continuation toward major resistance (trend resumption)
🧠 Idea: Expecting a relief rally → pullback → continuation higher if price respects demand. Risk management is key; wait for confirmation on lower timeframes.
⚠️ Not financial advice. Trade with proper risk management.
Trend Analysis
Eliana | XAUUSD – 30M | Range Reaction & Conditional ReversalPEPPERSTONE:XAUUSD OANDA:XAUUSD
After a sharp sell-off, XAUUSD found demand and bounced, indicating short-term buyer interest. Price is currently consolidating below trendline resistance and within a defined range. This creates a decision zone: either a bullish breakout above trendline resistance or a rejection leading to another sell-off toward lower liquidity.
Key Scenarios
✅ Bullish Case 🚀
Hold above 4,650–4,680 demand
Break & close above descending trendline
🎯 Target 1: 4,950
🎯 Target 2: 5,050–5,100 (range high / supply)
❌ Bearish Case 📉
Rejection from trendline resistance
Loss of 4,650 support
🎯 Target 1: 4,500
🎯 Target 2: 4,400 (liquidity sweep zone)
Current Levels to Watch
Resistance 🔴: 4,950 – 5,100
Support 🟢: 4,650 – 4,680
⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice.
Gold Price Under Pressure Near $5000Gold Price Under Pressure Near $5000
The key features of the current technical pattern for gold are as follows:
Current Position: After a sharp drop and rebound, the gold price (approximately $4964) is currently in a critical consolidation range.
As shown in the chart: The market has entered a "wide-range consolidation" phase after a period of unilateral upward movement.
Key Resistance and Support Levels:
Strong Resistance Above: The $5100 - $5150 area. This is a key resistance level that has been tested multiple times recently without success, and it represents the upper boundary of the consolidation range.
Core Support Below:
Around $4600-$4800: This is the first key support level after the recent correction.
The $4400 area: A stronger support zone further down.
Trading Strategy Ideas:
Current Strategy: Chasing highs near $4964 carries significant risk.
Consider taking a small short position when the price approaches the $5100-$5150 resistance zone and shows signs of weakening upward momentum. Set a stop-loss above the resistance level.
Potential Opportunity: If the gold price falls back to the $4800 support level and shows signs of stabilization, consider taking a small long position to bet on a rebound, setting a stop-loss below this support level.
Risk Management Points: Always maintain sufficient cash reserves to cope with potential further significant market corrections (such as a drop towards the $4264-$4381 area).
The market is in a period of high volatility, and daily price swings can be large. Strict stop-losses must be used for any trade.
S&P 500 Daily Chart Analysis For Week of Feb 6, 2026Technical Analysis and Outlook:
The Index exhibited notable volatility during the trading session this week, reflecting one of the most robust rebounds observed to date. It has stabilized above the Mean Support level of 6,892 and below the Key Resistance level of 6,993.
It is anticipated that the Index will continue its upward trajectory toward the target of the Outer Index Rally at 7,026, while helming through the newly established Key Resistance level at 6,993.
However, it is imperative to acknowledge that, given the prevailing market conditions, there is a substantial likelihood of a retracement that may lead to revisiting the Mean Support at 6,892, prior to the Index regaining its bullish momentum and progressing toward the projected outcome of the Outer Index Rally at 7,026. At this stage, an In Force retracement is expected to be initiated from that completed target.
GBPUSD: Crowded Shorts + Bearish February SeasonalityGBPUSD continues to trade within a well-defined bullish daily structure following the impulsive breakout from the November base. Price is now consolidating inside a premium zone after the latest expansion, a condition that typically precedes either a shallow pullback or a time-based correction rather than an immediate reversal.
Technically, the market remains supported by an ascending channel and by the prior breakout shelf. As long as price holds above the key higher-low structure, the broader directional bias stays constructive.
From a positioning perspective, the COT report reveals an important crosscurrent. Non-Commercial traders remain net short on GBP futures (87,786 longs vs 103,948 shorts), suggesting that the speculative community is still leaning against the trend — a classic fuel for continuation via short covering.
However, the weekly flow provides nuance: Commercial hedgers aggressively increased short exposure (+17,811), while open interest expanded significantly. This combination often signals near-term supply and favors a rotational phase before the next directional leg.
On the USD side, positioning shows a mild stabilization attempt, with specs adding longs and trimming shorts. This does not necessarily imply a trend reversal in GBPUSD, but it strengthens the probability of a corrective phase.
Sentiment further reinforces the contrarian narrative. Retail positioning shows 67% of traders are short, indicating crowded downside exposure. When retail traders press shorts into an uptrend, rallies tend to extend as stops get triggered.
Seasonality acts as the tactical overlay here: February has historically been a negative month for GBPUSD across most lookback periods. This suggests the path of highest probability is pullback first, continuation later.
XAGUSD: still under pressure🛠 Technical Analysis: On the H4 chart, Silver (XAGUSD) has printed a sharp reversal from the major resistance zone near 120, confirming exhaustion after the parabolic rally. Price is now trading around 86.84 and has slipped back below the mid-range resistance (around 92–96), shifting momentum to the downside. The current structure suggests a corrective phase with potential consolidation inside the 80–84 demand area before the next leg. Notably, price is still hovering just above the SMA 200, while the SMA 50 and SMA 100 remain overhead, acting as dynamic resistance. A clean breakdown and hold below the 82.03 support would open the way toward the next support cluster near 72.00. If selling pressure accelerates, the deeper support area around 63.94 becomes the extended downside target. A bullish alternative would require reclaiming 90+ and holding above the 92–96 zone, which currently looks less likely while price stays capped under those levels.
———————————————
❗️ Trade Parameters (SELL)
———————————————
➡️ Entry Point: Sell on a confirmed break below 82.03
🎯 Take Profit: 63.94
🔴 Stop Loss: 91.08
⚠️ Disclaimer: This is a potential trade idea based on current analysis; market conditions and price direction are subject to change based on news factors and volatility.
USDJPY – 4H | Bullish Divergence | Japan Fundamental OutlookUSDJPY has undergone a clear structural shift on the 4H timeframe, transitioning from a corrective downtrend into a bullish market structure. Price is now forming higher highs (HH) and higher lows (HL), confirming a change in trend according to Dow Theory.
The recent impulse higher followed by a shallow pullback has allowed price to establish a new higher low, keeping structure intact. At the same time, a clean bullish divergence is visible, signaling strengthening momentum and supporting the idea that the current price zone represents a valid continuation area rather than exhaustion.
From a technical perspective:
Market structure has flipped bullish with HH–HL formation.
Bullish divergence confirms underlying strength after the pullback.
Price is holding above key structure support, keeping the continuation scenario valid.
Key Scenarios
As long as price holds above the current higher-low structure, the bias favors continuation toward 156.500, followed by 157.300.
A decisive 4H close back below the Lower-low support would weaken the bullish case and signal a deeper corrective move.
Fundamental Confluence (Japan-Side Analysis)
Fundamentals add clear directional confluence to the bullish USDJPY setup, driven primarily by persistent JPY weakness.
Monetary Policy – Bank of Japan:
The BoJ has kept rates unchanged, pausing to assess the impact of its previous hike rather than signaling a shift toward easing. While guidance remains cautiously worded, the bank has upgraded growth and inflation projections and continues to signal that further rate hikes are likely over time. However, concerns that inflation may dip below 2% in early 2026, along with political and fiscal uncertainty, argue for gradual normalization rather than aggressive tightening. This keeps real yields suppressed and limits near-term JPY strength.
Global Risk Environment:
Rising uncertainty around U.S. Federal Reserve leadership has triggered broader risk-averse sentiment across markets. Safe-haven flows have favored currencies such as the Swiss franc, while the yen has failed to attract sustained demand. Additional concerns around U.S. dollar dominance flagged by European regulators have contributed to volatility, but overall price action continues to favor JPY underperformance rather than sustained strength.
Positioning & Flow (CFTC):
CFTC data shows net positioning improving, supported by COT RSI readings, signaling sustained bullish momentum in current positioning trends. This suggests that flows remain aligned with upside continuation rather than exhaustion.
Upcoming Data Risks:
Final manufacturing PMI and monetary base data will be closely monitored. Any signs of further softness in manufacturing or accommodative monetary conditions would reinforce JPY weakness, while unexpected strength could temporarily slow upside momentum.
Domestic (Endogenous) Japanese Indicators
Japan’s internal economic data remains mixed to weak, reinforcing the broader fundamental bias:
Services activity, building permits, and employment trends show softening momentum.
Inflation indicators remain mixed, limiting urgency for tighter policy.
Rising interest rates have yet to translate into sustained currency strength.
Fiscal and balance-sheet metrics continue to weigh on longer-term confidence.
Overall, domestic conditions do not support a strong or sustained JPY recovery at this stage.
USDJPY has confirmed a bullish structural shift on the 4H timeframe, supported by momentum divergence and higher-low formation. Fundamentally, persistent JPY weakness and cautious BoJ policy continue to favor upside continuation.
Watching price action for confirmation.
Bias remains bullish while Lower-low structure holds.
Bitcoin Trading Strategy📉 Bearish Pressure (Dominant Logic in the Medium Term)
📉 1. Bearish Trend Structure: Daily moving averages are in a bearish alignment, with lower highs. The price is below the 365-day moving average, indicating the rebound is a continuation of the downtrend, not a trend reversal.
🚫 2. Clear Strong Resistance Zones:
First Resistance: 70500–71000 (Strongest intraday resistance, 4-hour upper Bollinger Band + previous breakout platform)
Strong Resistance: 71700–72400 (Weekly resistance, bearish main defense zone)
💵 3. Bearish Funding: Delayed Fed rate cut expectations and rising real interest rates; volatility in US tech stocks carries risk; continuous net outflows from spot ETFs, indicating weak institutional allocation; deleveraging is not yet complete, making a "rebound → pressure → further decline" scenario likely.
📊 4. Insufficient Volume: The rebound continues with decreasing volume, indicating no new funds entering the market. Upward momentum is weak, making a breakthrough of 71000 difficult.
💡 Bitcoin Trading Strategy
🔽 Sell Zone: 69500 – 70500
🎯 Take Profit: 68500 – 67500
Next week, the strategy for gold is to buy on dips.Key Supporting Factors for the Bullish Trend:
🏦 1. Central Bank Gold Purchases Provide Solid Support: In January 2026, global central banks purchased 1200 tons of gold, a new monthly high. The People's Bank of China (PBOC) increased its holdings for the 14th consecutive month, with Poland and Hungary also increasing their purchases. 95% of central banks expect to continue increasing their holdings in the future. The price below $4700 is close to the average cost of gold purchases by central banks. The rapid rebound after gold prices dipped to $4655 on February 7th confirms the effectiveness of the support.
📊 2. Technical Rebound: After a sharp drop from $5595 to $4440, gold prices rebounded. The 4-hour chart shows a potential W-bottom structure (neckline at $5092). Short-term RSI and KDJ indicators are positive, and the MACD histogram is expanding. London spot gold rose 5.53% this week, indicating strong upward momentum.
🛡️ 3. Safe-Haven and Capital Support: With the Middle East situation uncertain and global stock markets volatile, safe-haven funds flowed into gold. Gold ETF outflows slowed in February, and bargain hunters entered the market. After touching $4680 on February 6th, gold prices rose by more than 2% intraday.
💎 4. Physical demand and supply-demand gap: With the Chinese New Year approaching, physical gold consumption is heating up, and the Shanghai Gold T+D price is 1111 yuan/gram; the gold supply-demand gap is expected to reach 320 tons in 2026, further strengthening the support.
Trendline Break + Divergence → Bullish Reversal Setup (FIB Buy LTrendline Break + Divergence → Bullish Reversal Setup (FIB Buy Limit)
Market Structure
Price has broken the descending trendline, and bullish divergence is formed, which confirms a trend reversal rather than a simple pullback. Momentum has shifted in favor of buyers.
Technical Confluence
• Trendline breakout confirmed
• Bullish divergence formed
• Reversal structure in place
• Fibonacci retracement aligned for entry
Fibonacci Strategy
We draw Fibonacci from recent Low to recent High and plan entry at the 0.618 retracement level, which is a high-probability reversal zone.
Trade Plan (Buy Limit Setup)
Order Type: Buy Limit
Entry Price (EP): 154.241 (FIB 0.618)
Current Market Price (CMP): 154.778
Stop Loss (SL): 152.022 (Last Higher Low)
Take Profit (TP): 156.470
Risk to Reward
• Risk ≈ 221 pips
• Reward ≈ 223 pips
• RR ≈ 1 : 1
Trade Management
• Entry only on retracement into FIB 0.618
• SL placed below structure to avoid fake pullbacks
• TP aligned with recent high resistance
Conclusion
With trendline breakout + bullish divergence, this setup qualifies as a reversal trade. The 0.618 Fibonacci level offers a structured and disciplined buy opportunity targeting continuation toward 156.470.
Wait for retracement. Respect structure. Manage risk.
Buy gold at lower levels
Next Monday, the gold market is closely watching the price level of 5088, with many investors believing it has the potential to reach this target.
This weekend, Iran and the United States are engaging in a new round of negotiations regarding the nuclear agreement. Based on the current situation, the likelihood of a breakthrough in these talks is low. At the same time, the Iranian military has entered a 24-hour highest state of alert, significantly escalating geopolitical tensions. Such tense situations often trigger market risk aversion, and gold, as a traditional safe-haven asset, typically attracts capital, thereby driving its price higher.
From a technical analysis perspective, the gold price trend is displaying a rounding bottom pattern. This pattern resembles an invisible hand steadily supporting the price from below, providing it with strong backing. Observing the candlestick chart reveals that the candlesticks have been consistently holding above the moving averages. Even in the event of a pullback, the price quickly rebounds. Currently, the nearest resistance level above is around 5088. Given the current trend characteristics, many analysts are targeting this level for next Monday.
Based on the above analysis, the following trading recommendation is provided: Enter a long position when the gold price is between 4860 and 4880. Set the stop-loss at 4845 to manage potential risks, and target the price of 5080.
Thanks to the TradingView community. As a senior investment analyst, this allows more traders and investors to see my trading strategy analysis.Currently focusing on gold trading. If you like my analysis, please give me a thumbs up and share it with more traders who might need it. We strive for precise trading, deeply researching charts, macroeconomic drivers, and market sentiment to build high-probability trading strategies. Here, you will find structured trading plans, risk management frameworks, and real-time analysis.
RTY When Reactions Aren’t ReversalsPrice recently reached the lower edge of the structure, where sellers began to lose momentum and buyers stepped in. That reaction from demand has produced the current bounce, but at this stage it’s best viewed as a reaction, not a confirmed reversal.
The key area now is trend resistance overhead. For this move to continue higher, price needs to accept above that level meaning hold above it, not just briefly spike through.
If that acceptance occurs, continuation toward upper supply becomes possible.If price fails and moves back below the demand area, the idea is invalid, and the broader downtrend remains in control.
This is a market letting us know what it wants to do our job is to wait for confirmation, not force a bias.
NAS100 MONTH-TF |THE CHART ALCHEMIST | 07-FEB-2026 |1MONTH TFNAS100 MONTH-TF |THE CHART ALCHEMIST | 07-FEB-2026
Technical Analysis of US100 (NASDAQ100) on Monthly Timeframe
Currently, the NASDAQ100 is moving within a bullish channel, as highlighted by the purple channel. After touching the lower boundary of the channel in February 2023, the index began a bullish leg and recently touched the upper boundary of the channel. We now expect the index to undergo a bearish leg within this bullish channel, moving back toward the lower boundary before potentially reversing upward again in a final push. Following that, we anticipate a more significant correction in the coming years. Overall, the long-term trend remains bullish, with periodic bearish corrections along the way.
Selena | USDJPY – 4H – Bullish Channel ContinuationFX:USDJPY
After a corrective pullback from the channel mid/high region, price dipped into a strong demand area aligned with channel support and the rising trendline. This zone absorbed selling pressure effectively, leading to a sharp bullish response. As long as price holds above the channel support, the broader bullish momentum remains intact.
Key Scenarios
✅ Bullish Case 🚀 →
Continuation toward the upper channel and previous highs.
🎯 Target 1: 158.80 – 159.50
🎯 Target 2: 160.80 – 162.00
❌ Bearish Case 📉 →
A clean breakdown below channel support would invalidate the bullish structure.
🎯 Downside Target: 149.50 – 147.00
Current Levels to Watch
Resistance 🔴: 159.50 / 160.80
Support 🟢: 152.00 – 150.80 (Demand + Channel Base)
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
Selena | XAUUSD – 30M – Intraday Bullish CorrectionFOREXCOM:XAUUSD PEPPERSTONE:XAUUSD
After the aggressive sell-off, XAUUSD found strong demand near the 4720–4750 zone, triggering a corrective bullish structure. Price is respecting the ascending channel, printing higher lows, but remains below the higher-timeframe descending trendline. A clean hold above intraday support could push price toward the next resistance, while rejection from the trendline may lead to another pullback.
Key Scenarios
✅ Bullish Case 🚀 →
If price holds above 4950–4970, bullish continuation is expected.
🎯 Target 1: 5050 – 5070
🎯 Target 2: 5150 – 5180 (Major Resistance Zone)
❌ Bearish Case 📉 →
Failure below 4950 would invalidate the bullish correction.
🎯 Downside Target: 4850 → 4750
Current Levels to Watch
Resistance 🔴: 5050 / 5150 – 5180
Support 🟢: 4950 / 4750
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.






















