Gold Holds 4,010 Ahead of Powell as Shutdown Clouds CPI OutlookHey Traders,
In today’s session, we’re keeping a close eye on XAUUSD for a potential buy setup around the 4,010 zone. Gold remains in a broader uptrend, and the current pullback brings price action near a key support and trend confluence that could attract fresh buyers.
All eyes are on Fed Chair Powell’s remarks later today. With the U.S. government shutdown disrupting key economic releases, including a possible delay of next week’s CPI data, Powell’s tone could heavily influence short-term Dollar sentiment—and by extension, Gold momentum.
If Powell hints at policy caution amid data uncertainty, the safe-haven narrative could re-emerge quickly. We’ll be watching closely for a potential technical trigger to align with the macro backdrop.
Trade safe,
Joe.
Trend Lines
USDCHF → Change in local trend. Confirmation...FX:USDCHF confirms a change in the downtrend and is ready to move into a distribution phase amid growth in the dollar index.
The dollar is breaking through resistance and may continue its bullish correction within the global downtrend. Against this backdrop, the Swiss franc is losing ground...
The currency pair is forming a breakout of the local trend. The breakout of the resistance of the ascending triangle confirms bullish action. As part of the distribution, the price may test local highs.
Resistance levels: 0.8071, 0.8132
Support levels: 0.800
A consolidation of the price above 0.800 may form an intermediate bottom, which will provide support for the bulls before the next run.
Best regards, R. Linda!
Do you dare to follow the short selling?Judging from the hourly chart, gold rebounded after testing the lower support several times, and stagnated after rebounding to around 4040. After closing the hourly line with a doji, it formed a large negative line. This pattern means that gold may pull back to test the lower support in the short term. Secondly, gold is still under trend suppression in the short term, so we have good reasons to short it.
If gold rebounds again to around 4030-4040, we could consider a light short position, with an eye on 4015-4000.
For more real-time updates, please follow🌐
GOLD → Testing 4050 - 4100. Need a pullback to tradeFX:XAUUSD is hitting a new all-time high, testing $4,050, and looks set to reach $4,100. This record growth is linked to falling interest rates and economic risks, which are causing money to flow into hedge assets...
Key drivers: The White House may announce civil service cuts amid the shutdown, which increases uncertainty. The probability of interest rate cuts in October is 95%, supported by the delay in data publication due to the shutdown. Global central banks continue to build up reserves. However, as prices rise, so do the risks of correction. The USD is also receiving support as a safe haven, which may limit further growth in gold.
Resistance levels: 4050, 4075, 4100
Support levels: 4020, 400, 3986
Technically, we need to wait for a slowdown and correction to take a full breath before further movement. I consider the local liquidity zones of 4020 - 4000 - 3986, 3961 to be promising areas of interest. I do not rule out the possibility of sharp shocks in the market, so we need to be prepared...
Best regards, R. Linda!
SOLANA → Retracement for consolidation before growth to 250.0BINANCE:SOLUSDT bounces off trend support, forms a reversal pattern, and enters a distribution phase, during which it updates its maximum but encounters strong resistance. What's next?
Bitcoin breaks through resistance, updating its maximum and opening up a new chance for growth for altcoins. Correction and retesting of support in the market may end with continued growth.
SOL is testing resistance at 231.5. The rally has temporarily stalled, and a correction is forming, during which the market may test the break-even and imbalance zone before returning to growth. It is worth keeping an eye on Bitcoin, as a resumption of growth by the flagship will support the growth of altcoins.
Resistance levels: 231.5, 235, 250
Support levels: 218, 205
A false breakout of 231.5 is provoking a pullback. It is necessary to monitor the further halt in price. I expect a retest of 220-218 before the price returns to growth.
Sincerely, R. Linda!
GOLD: The upward structure continues, target 4090 is approachingLiamTrading – GOLD: The upward structure continues, target 4090 is approaching
Hello everyone,
Gold and US stocks are setting new records, but don't forget — strong sell-offs often occur when everyone believes prices can only go up.
Currently, gold maintains a sustainable upward structure, with each subsequent low higher than the previous one, confirming a clear trend on the H1–H4 frames.
📊 Technical Analysis (Chart 45m – XAUUSD)
The price structure remains clearly Higher High – Higher Low, indicating that buyers still control the market.
Key liquidity zones are around:
🔹 4050–4060 (resistance – POC Volume Profile)
🔹 4020–4025 (temporary support zone – confluence Fibo 0.618)
🔹 3980 (technical bottom, strong previous liquidity zone)
The upward target according to Fibonacci Extension is currently in the 4090 zone, corresponding to the 2.618 extension level — likely to become a major profit-taking area for buyers.
🎯 Today's Trading Scenario
Short-term Sell (based on resistance reaction):
📍 4048–4050
🛑 SL: 4055
🎯 TP: 4030 – 4018 – 4005 – 3980
Buy scalping:
📍 4022–4024
🛑 SL: 4017
🎯 TP: 4030 – 4045 – 4060 – 4080
Buy swing (trend-following):
📍 3980–3982
🛑 SL: 3975
🎯 TP: 3995 – 4010 – 4025 – 4040 – 4060
🧭 Fundamental & Market Sentiment
According to the FOMC minutes from 16–17/9, most Fed officials believe that continuing to cut interest rates this year is appropriate.
This is the first time since 2020 that the Fed has officially reduced the interest rate by 0.25%, bringing the range down to 4.75% – 5.00%.
→ Cheap money + safe haven sentiment continues to be the main driver pushing gold higher.
However, with both gold and stocks reaching peaks, the risk of technical correction may occur when prices hit major liquidity zones.
📌 Conclusion
Gold is still in a stable upward trend, with a short-term target towards 4090 USD/oz.
However, watch for liquidity zones around 4050–4060 and 4000–4025 to optimize entry points, avoiding FOMO when prices are already high.
👉 I will continue to update details each trading session.
Follow me to not miss the earliest gold scenarios!
High in for the Euro?I know many people have been bullish on EURUSD going forward thinking that it's going to keep gaining against the dollar, but I have a very different long-term view.
I think that this level between 1.16 - 1.19 marks the top of the cycle and then we'll see lower prices against the dollar moving forward from here on out.
Why do I think that?
Well if we look at a long-term price chart, you can see that price broke down from a 30 year uptrend in 2021 and it's now retesting the level it broke down from as resistance.
If it can't break above the levels on the chart, then the most likely path is down.
I think the downtrend will end at the bottom support. This will likely take years to play out.
So let's see how it progresses over time.
MYX/USDT Ascending Channel Signals a Potential Parabolic MoveMYX is moving within a strong Ascending Channel, printing higher highs and higher lows a classic bullish structure. The recent rebound from the Immediate Demand Zone ($4.125 – $5.536) reaffirms strong buyer momentum and structure stability.
A confirmed breakout above $15.667 could trigger a sharp run toward $84.108, with the ultimate parabolic target at $134.144. However, losing the $4.128 support risks derailing the bullish trajectory, and a drop below $4.128 would fully invalidate the setup. With next support zone to be $0.939-$1.226
This is a high conviction structure showing what could be early signs of institutional accumulation. If the channel holds, the next explosive leg may just be warming up with about 24X potentials
What’s your take on potential 24x reality or a classic bull trap?
Like, comment, and share your thoughts below!
EUR/USD Elliott Wave: Still Consolidating 2025's RallyEUR/USD appears to be declining in wave ((iii)) of C of (2).
We are following the progression of waves ((iii)), ((iv)), and ((v)) in conjunction with the Fibonacci retracement levels to determine where this consolidation might end. Once this wave (2) finalises, then a wave (3) rally would begin.
There is an alternative wave count under consideration in that the sideways price action since July 1 is a large triangle pattern. If so, then EURUSD would need to hold above 1.14.
Watch the video analysis for more details.
BTC vs Gold (1W): Testing the Macro Uptrend AgainThe Bitcoin-to-Gold ratio continues to respect its multi-year uptrend, with price now revisiting the same trendline that’s provided support since mid-2023.
Historically, each test of this line has preceded a strong rebound in BTC’s relative strength against Gold.
Key Observations:
Multi-touch validated trendline had 4 successful tests to date
Current price near support (~30 BTC/Gold ratio)
Break below = trend invalidation; bounce = potential continuation
📊 Educational chart. Not financial advice. Market structure can change.
AUD/USD 4HR Trendline Breakout Long Setup. Daily Continuation.I will be entering a long trade at the close of the current daily candle on AUD/USD.
Stoploss and take profit provided. With this one management will be if the market does not trade through the target area by daily candle close on Thursday then I will close the trade manually.
Simple trading execution and plan.
How to correctly grasp the gold trading opportunitiesGold is still maintaining a bullish rhythm, the daily structure is stable, and the bullish trend has not been destroyed. Although it is slightly tired after the continuous rise, there is no obvious peaking signal yet. The hourly chart is still an oscillating upward structure. There is buying every time it falls back, indicating that the bullish force in the market is still dominant. From the four-hour cycle, the moving average system maintains a bullish arrangement, and the price runs above the moving average of each cycle. Although the RSI has entered the overbought range and there is a need for a short-term correction, the overall trend is still strong. The upper 4050-4060 area is the key pressure zone. If it can effectively break through and stand firm, the upper space will be further opened. We recommend that you continue to prioritize buying on pullbacks. Short-term support is in the 4020-4010 area, with stronger defense near the 4000 mark. As long as it stabilizes, there is still an opportunity for bulls. However, we should also be aware that after the continuous rise in gold, there is a possibility of a short-term correction. Aggressive investors can continue to consider shorting with a light position near 4060, with the initial target of 4030-4020-4010. Be sure to control risks, and shorting is only a supplementary strategy. Next, focus on US fiscal dynamics and Federal Reserve policy signals. These news factors will directly affect the short-term fluctuation rhythm of gold. Conservative investors should wait for support confirmation before entering the market, while aggressive investors should gamble with a light position and respond flexibly.
Retractable Technologies | RVP | Long at $0.76Retractable Technologies AMEX:RVP is a cyclical OTC stock that may be in a consolidation / accumulation phase for a major rise in the next 1-2 years. The reason this stock got my initial attention is the CEO bought $800,000 worth of shares over the last two years, with his buy range between $0.60 and $1.28. Pulling up the chart, my historical simple moving average (SMA) line seems to predict (quite well for this ticker) the sudden rise in price (i.e., as the SMA lines get closer to the price, there is a jump in price). The stock only has a 13.1 million float.
Between 2017 and 2019, the stock price consolidated near the levels seen during the last two years. Then, once my selected historical SMA reached the price, it jumped, consolidated further and rose to over $21.00... Now, I don't necessarily think the price will rise that high. There are currently two open price gaps on the daily chart (highest near $6.00) that may get closed.
I may be very early, on time, or the stock could go to zero. But if the CEO is going to risk that much for a current penny-play, I will dabble in the risk and simply be patient until SMA connects with the price.
Nothing to discuss regarding the fundamentals of this one (not great)... it's purely a technical analysis play.
Target #1 = $1.00
Target #2 = $1.25
Target #3 = $1.50
If it soars...
Target #4 = $4.18
Target #5 = $5.90
Gold Holds 3,900 Support Amid Dollar Slowdown and Global TensionHey Traders, in today’s session we’re closely monitoring XAUUSD for a potential buying opportunity around the 3,900 zone. Gold continues to trade within a strong uptrend, and the current pullback appears to be a healthy correction approaching key trend support.
Structure: The broader trend remains bullish, with price consolidating after its recent highs. The 3,900 level stands out as a technical pivot where buyers could regain control.
Macro context: The US Dollar Index is approaching major daily resistance around 98.300, suggesting potential exhaustion in the current USD rebound. Meanwhile, political and fiscal developments in Japan where a notably dovish administration has just taken power could further support demand for safe-haven assets like Gold.
Market sentiment: A combination of fiscal expansion abroad and rising uncertainty surrounding the ongoing US government shutdown is fueling risk aversion. If these pressures persist, Gold could retest the 4,000 zone sooner than expected.
Key focus: Watching how price reacts around 3,900 for potential bullish continuation in line with the broader trend.
Trade safe,
Joe.
Can NASDAQ Hold 24,600 and Push to New Highs?Hey Traders, in tomorrow’s trading session we are monitoring NAS100 for a potential buying opportunity around the 24,600 zone. NASDAQ remains in an uptrend and is currently in a correction phase, with price approaching a key support/resistance level at 24,600.
Structure: The broader trend is bullish, with price moving within an ascending channel.
Key level in focus: 24,600 — a critical support area aligning with the lower boundary of the channel.
Next move: Holding above this level could set the stage for a rebound toward 25,100, which represents the channel’s upper resistance and potential higher high formation.
Trade safe,
Joe.
NZDUSD Eyes 0.5730 Rebound as Dollar Weakens Near DXY ResistanceHey Traders,
In today's trading session, we are monitoring NZDUSD for a buying opportunity around the 0.57300 zone. The pair has been moving within a descending channel and is now approaching the lower boundary, suggesting potential for a technical rebound from channel support.
From a macro perspective, the bearish bias on the U.S. Dollar—driven by the ongoing government shutdown and sustained pressure near the 98.800 resistance on DXY—could further support upside momentum in NZDUSD.
Trade safe,
Joe.
Golden opportunity has arrivedGold has continued its strong upward momentum since breaking through the 4000 mark, reaching a high of around 4049. The market has hardly made any decent corrections, market sentiment has continued to be high, and bullish confidence has been infinitely magnified. However, the more emotional the stage is, the more we need to remain calm and rational. Structurally, gold has entered the end of an accelerated upward trend, and short-term indicators are obviously overbought. Although prices have hit new highs, momentum has not increased simultaneously, and there are signs of slight divergence, indicating that the upper space is gradually narrowing. Combined with the 4-hour structure, the 4050-4060 area is a period of strong pressure, and it may face a technical correction in the short term. In terms of operational thinking, you can consider shorting with a light position in the 4050-4060 area, and first target the 4020-4000 area. Conservative people can wait for the confirmation of the pullback before participating, and do not blindly chase the long position. Although gold is strong at present, it is not a mindless rise stage. The larger the bullish space, the deeper the adjustment will often be. At this time, risk control should be the core and planning should be the basis. Short-term short positions should only participate in structural corrections, and should not make impulsive trades that blindly fight against the trend. Steady execution, position control, and maintaining rhythm are the key to remaining invincible in extreme markets.If your recent operations are not ideal, or you are confused about how to grasp the rhythm, you are welcome to communicate with me at any time. I hope I can help you avoid detours and steadily improve your trading thinking and execution.
Gold’s Swings Offer Bears a Profitable EdgeGold has currently reached a high of around 4050, but after reaching this area, the upward trend has been suppressed, and the upward momentum has weakened. Gold needs to retreat in the short term. Gold is currently under pressure in the 4050-4060 area. If gold shows obvious signs of stagflation in this area, then gold may usher in a good pullback at any time.
However, because gold is currently in a strong upward trend, its structure and form are in an obvious bullish trend. Therefore, even if the gold market pulls back, the pullback is not expected to be too large in the short term. We should first focus on the support area below, 4000-3990.
Therefore, in volatile markets, even if gold is in a strong bullish trend, gold shorts still have good profit opportunities due to volatility. So in the short term, we can consider trying to short gold in the 4050-4060 area, first aiming at the target area: 4010-4000 area.
If you're short gold like me, we must be among the first to reap the benefits of a market correction. If you'd like to continue following my trading strategies and signals, be sure to follow me!
Bitcoin Breaks Through Key Resistance – Eyes on 127K and Beyond
📈 Bitcoin Technical Analysis – Breakout Above Key Resistance Zone
After a healthy correction, Bitcoin found strong support around the 121,000 USDT level, where it formed a solid base and initiated a bullish reversal. This support zone has historically acted as a pivotal level, and the recent reaction confirms its continued relevance.
The price successfully broke through the 122,755–123,000 USDT resistance range, which had previously taken over 34 hours to breach. This time, the breakout was more decisive, backed by a surge in volume and reinforced by the 50-hour and 100-hour moving averages, both converging near the resistance zone and adding to its significance.
🔍 Key Observations:
- Volume Spike: A noticeable increase in trading volume accompanied the breakout, suggesting strong buying interest.
- Trend Line Support: The ascending maroon trend line continues to hold, indicating sustained bullish momentum.
- Moving Averages: The alignment of short- and medium-term MAs below the price adds further confirmation to the breakout.
- Historical Context: The previous struggle to break this resistance highlights the strength of the current move.
🚀 Outlook: With this resistance now flipped into support, we anticipate a more aggressive rally in the coming sessions. The next potential targets lie at 127,000 USDT and 136,000 USDT, which align with previous swing highs and psychological levels.
Traders should watch for consolidation above the breakout zone and monitor volume for signs of continuation. A retest of the 123K level could offer a secondary entry opportunity for those waiting on confirmation.