Trend Lines
XAUUSD/BUYSure enough, gold prices rebounded after retreating to 3338, resulting in a short-term price increase of $8 per ounce.
The gold market is awaiting news to drive a rally. Just now, when it was about to hit 3350, it retreated. I interpret this as a tentative rise, as bulls are currently in control. This test is merely a test to see if bears will launch a counterattack. As expected, the bull-bear game is a tug-of-war. Both bulls and bears are now vying for the crucial 3345 level. This level serves as a short-term reversal point for the month. If bulls seize this level, the market will continue to rise. If bears seize this level, the market will experience short-term downward fluctuations.
In the latter half of the New York market, I believe the market will fluctuate within a range of approximately $10. The Swing Trading Center recommends continuing to buy.
Regeneron Pharmaceuticals | REGN | Long at $502.28Regeneron Pharmaceuticals NASDAQ:REGN stock dropped more than 17% today due to mixed Phase 3 trial results for itepekimab, a potential COPD drug. However, the company has an extensive drug pipeline, raked in over $14 billion last year, and is currently trading at a price-to-earnings of 15x. Debt-to-equity is 0.09x (extremely healthy) and earnings are forecast to grow 7.5% per year. While 2025 is anticipated to be its "worst" earnings year, the outlook through 2028 looks like steady growth in revenue and cash flow.
From a technical analysis view, the stocks entered my "crash" simple moving average zone today (currently between $466 and $502). More often than not, this area signals a bottom in the near-term, but it's not guaranteed. I wouldn't be surprised if the $450s-$460s get hit before a reversal if the market shifts negatively - which will be another entry for me. If it moves into my "major" crash zone in the $300s to close more gaps on the daily chart, I will be piling into this stock heavily (like I did with NYSE:UNH ) for a longer-term hold - of course, unless fundamentals change. I'm going to keep my target small unless there is a "major crash" and eye the closing of the nearest price gap on the daily. There is another between $883-$914...
Targets:
$590 (+17.5%)
EURUSD is Nearing 1.17500 Important Resistance!!!Hey traders, in tomorrow's trading session we are monitoring EURUSD for a selling opportunity around 1.17500 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.17500 support and resistance area.
Trade safe, Joe.
EURAUD is Nearing a Strong Support!!Hey Traders, in today's trading session we are monitoring EURAUD for a buying opportunity around 1.78900 zone, EURAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.78900 support and resistance area.
Trade safe, Joe.
GBPUSD at 1.35250 Resistance as DXY Eyes 98.100 SupportHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.35250 zone, GBPUSD is moving within a descending channel, with price correcting higher toward the 1.35250 resistance zone — an area that previously acted as support.
Meanwhile, the U.S. Dollar Index (DXY) remains in an uptrend and is approaching the 98.100 support area, which may influence GBPUSD direction if buyers step in.
Watching how GBPUSD reacts at 1.35250 in relation to DXY’s behavior could provide insight into whether the current correction ends or extends further.
Trade safe, Joe.
Gold/Bitcoin → Latest Trading StrategiesGold prices, Bitcoin, and foreign exchange all fell to varying degrees yesterday. Our sell orders all saw profits, which is cause for celebration.
With the Federal Reserve's interest rate decision imminent, the Swing Trading Center's trading outlook is to position long positions in advance, anticipating a significant rise after the decision. Gold prices are currently at a new low this month, hitting 3311, and are currently quoted at 3322. A tentative target for a short-term rebound could be around 3345. Buy below this level for preemptive trading.
BTCUSD also experienced a significant decline during the US dollar's rise. This may be related to Trump. This is a game between safe-haven assets. Before the US dollar experienced a significant decline, gold and Bitcoin would have to take a back seat, as the US dollar remains the primary safe-haven asset.
The downward trend in gold and BTCUSD requires significant news to revive and break the trend. Therefore, short-term traders can place buy orders in advance and wait for the market to rise.
XAUUSD/BUYAfter the New York market opened, the gold price hit 3350 before retreating. This indeed reached the profit target set by the swing trading center. The current price has retreated to 3342, but the decline has not continued. This is because the previous resistance level of 3345 has formed a certain support level after breaking through this level and then retreating. In short, the short-term focus should be on whether the 3340-3345 range stabilizes. If so, gold prices may rise again after the upcoming Federal Reserve news.
Figma first potential support $68I saw a lot of conversation about FIG post IPO. I thought I would share a chart on where I assume first major support exists and where the potential top might be.
$68 is first major support area. It's not a guarantee, support could be much lower because of how high above IPO price this opened, but if you want this stock I would start there with my bids.
Now *if* $196 is hit, that's where it's highly advisable to exit and sell. IPO buyers are *highly* likely to exit there.
Good luck!
CRYPTO: LUMIA (1D)Following a request to do an analysis of CRYPTO:LUMIAUSD , here are my thoughts:
This chart is looking good for now. It is currently completing wave C of (2), a regular flat corrective variation. To confirm this idea, there should be a break a major trendline. To strengthen it more, a break of resistance will mean an uptrend with potential targets reaching 0.86.
If it doesn't turn out to be a regular flat variation, there is a target below to hit the resistance at around 0.234. This case would mean a potential completion of an inverse H&S pattern potentially hitting targets slightly lower than the plotted target (0.86).
Once this count gets invalidated (break the low of 0.194), there would be a need to reassess this outlook.
For now, these are the cases for me.
SILVER - High R/R, 3rd vol contractionExcellent Risk/Reward entry on Silver this morning, testing the bottom of a 3rd consecutive symmetrical triangle and the top of the previous consolidation area. Silver is again consolidating constructively above a breakout level with contracting volatility before the next move. Consistent with longterm macro bullishness on metals and continued technical uptrend. Tight stop below the 36.90 low or lower trendline. For longer term entry stop below the 31/7 low.
Any entry below the dashed midline provides excellent R/R, even to just to retest the July high.
Expect possible retest/liquidity grab on either trendline and/or midline post-breakout. May provide another high R/R entry.
4 hour RSI Oversold.
GOLD Technical Outlook: Bearish Below 3343, Eyeing 3332 → 3320Gold Futures Overview
Gold futures edged slightly higher but remain trapped in a tight consolidation range. The market is caught between conflicting macro signals — real yields, dollar strength, and uncertainty around the Fed’s next steps — while geopolitical risks continue to provide medium-term support.
Inflation remains the key risk factor: if it proves persistent, the Fed may be forced to maintain higher rates for longer, limiting gold’s upside.
🔹 Technical Outlook
In the short term, momentum is bearish as long as price trades below 3343, targeting 3332. A sustained break beneath this level would extend losses toward 3320 and 3313.
On the flip side, a confirmed 1H close above 3346 would shift momentum, opening the way toward 3355–3365, with potential extension to 3375.
Support: 3332, 3320, 3313
Resistance: 3355, 3365, 3375
Gold fluctuates and waits for news,rebound continues to be shortThe current gold daily line shows that the big negative line is weak, but we need to pay attention to the effectiveness of the 3310-3300 first-line support. As long as the price remains above this range, bulls still have a chance to gain momentum for a rebound. Conversely, a break below the 3300 mark could trigger a shift in bullish sentiment, potentially even leading to a test of the previous low of 3280.
The market momentum was relatively weak at the start of this week, with significant resistance at the highs near 3330-3340. Only by breaking through this short-term resistance range can bulls achieve temporary stability. In the short-term trend, the support zone around 3300 needs special attention. At the 4-hour level, the gold price has begun to fall below the previous terraced support band. We need to pay attention to whether there will be a slight rebound and then a downward trend.
Overall, gold is in a wide range of fluctuations in the short term. The current short position is relatively strong. Today's operation is mainly based on rebound shorting. If it touches 3330-3340 for the first time in the European and American markets, you can consider shorting, and the target is 3310-3300.
PLTR Markets Overreacting? Hidden bullish RSI divergence on the weekly PLTR chart forming as investors react strongly to recent company criticisms and the upcoming Jackson Hole conference.
This feels more like knee-jerk panic selling than a genuine change in sentiment, but we'll have to see if this is true.
If the previous PA is anything to go by, we may see prices quickly reverse. There, we can see price gapped up significantly before retracing again, leaving a hidden bullish RSI divergence on the weekly that led to a sharp reversal (minus the April Trump tariff shakedown)
I'll be interested to see how this one plays out. A dovish Fed this week would also certainly help the situation, and this next move may hinge almost entirely on that outcome.
BTC/USD History Repeating Itself?Full disclosure, I'm not a huge fan of fractals, especially those resulting from black swan events over 4 years ago.
That being said, the BTC/USD weekly chart is starting to look worryingly similar to the 2021 top, as I'm sure many other analysts have also spotted.
The strong bearish RSI divergence is also cause for concern, as BTC heads down to retest its long-standing support level (white line).
Do I personally think history will repeat/rhyme this time? Mmm, I don't think so. Yes, we should anticipate further downside in the short-term. It is Summer after all. But with potential rate cuts due in September, war peace talks underway, and plenty of headroom left above in this cycle (according to the current MVRV score and Pi Cycle indicator), we could potentially see renewed optimism return end of September (NFA).
For the immediate term, a lot hangs in the balance of the upcoming Jackson Hole conference.
XAUUSD:Continue shorting at high levels to profit.Gold prices did not significantly break through their upper limits yesterday. The London market began its downward trend. New York markets extended their decline after opening, hitting a low of 3326. The meeting is almost over, but there has been no progress. The market has digested the expected gold price trend and is currently rebounding. However, if further news is released, gold prices may fall further. Consider selling between 3345 and 3340.
USDCAD: Overbought Market & Pullback 🇺🇸🇨🇦
USDCAD looks overbought after a yesterday's bullish rally.
The price reached a key daily resistance and I see a confirmed
bearish breakout of a support line of a rising channel on an hourly time frame.
I expect a retracement at least to 1.3864 support.
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EURJPY: Bullish Move After Liquidity Grab 🇪🇺🇯🇵
It looks like we have a huge bearish trap after a
test of a solid rising trend line on a daily.
I see multiple strong bullish confirmations on an hourly:
a bullish imbalance candle and a bullish change of character.
I think that the price may rise to 172.0 level.
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USNAS100 | Geopolitical Tensions & Fed in Focus – Pivot at 23690USNAS100 Overview
Geopolitics dominates before the Fed takes the stage.
Putin’s position remains that Ukraine should cede all territory Russia has occupied — and even areas it has failed to capture in more than three years of fighting. This has been firmly rejected by Zelenskiy and European leaders, who will stand alongside him in Washington when he meets Trump later today.
Technical Outlook:
Price looks set to stabilize below 23690, which would extend the bearish trend toward 23435 and 23295.
A 4H close above 23690 would shift the outlook bullish, targeting 23870.
Pivot: 23690
Support: 23550, 23435, 23295
Resistance: 23870, 24090
The dividing line 3330-3340 is not broken and rebounds to short#XAUUSD
After repeated fluctuations in the white session last night, gold fell below 3320 in the NY session and closed with weak fluctuations. 📊This morning, gold hit a low near 3311,📉 which aligns with our short-term outlook.✅
Judging from the monthly chart, the decline of gold in recent weeks has not been smooth, and each time it has been accompanied by a relatively strong rebound. 📈Today, there is a rebound near the 3311 line below. This point deserves our attention.👀 Previously, NFP achieved a big rise after breaking through here.🚀 At the same time, this point is also the area of the daily 100-day moving average.🐂
The first time it hits this point, it is bound to usher in a bullish resistance, and this is indeed the case.⚖️ Once it falls below this point, the next step will be the 3300 integer mark, 🥅and it may even hit the previous low, which is also the lower track of the daily line around 3280.↘️
Although the current market is relatively strong in short-term selling, we should not be overly bearish in the short term.↘️ After all, the impact of the news has not completely dissipated. The Federal Reserve will also release the meeting minutes in the evening NY session, 📰so we still need to be vigilant that the bulls may counterattack at any time.📈
In the short term, pay attention to the upper 3330-3340 bull-bear dividing line. If you encounter resistance and pressure in this range, you can consider shorting in batches with light positions, looking towards 3315-3300, and defending 3345. If the rebound effectively breaks through 3345, gold may fluctuate again.📊
🚀 SELL 3330-3340
🚀 TP 3315-3300