RTY Premarket UpdateMFI is overbought on RTY, ES, and NQ. VIX died last night so not expecting a huge tank unless CPI numbers are really bad.
I think I have a new rule now, TACO gaps don't need to fill, lol. We had 2 previous TACO gaps in the spring that went unfilled as well.
We'll see what happens next week.
X-indicator
Gold weakens, retesting key 4080 supportMarket Overview
After failing to hold above the 4115–4120 zone, gold (XAU/USD) has turned lower toward 4085, signaling the loss of short-term recovery momentum.
Profit-taking pressure increased as U.S. bond yields rose again and traders turned cautious ahead of the upcoming U.S. PCE data.
Buyers are now defending the 4080–4078 support area, which will be crucial in determining the next market direction.
📊 Technical Analysis
• EMA50 (H1): 4107 → price now trading below EMA50, indicating a clear correction phase.
• EMA200 (H1): 4126 → remains the main resistance until a firm close above it.
• RSI (H1): dropped to 40, showing bearish momentum dominance.
• Near-term resistance: 4108 – 4115
• Upper resistance: 4130 – 4142
• Immediate support: 4080 – 4075
• Next support: 4062 – 4050
On the H1 timeframe, a bearish engulfing pattern is forming — a signal that deeper downside could follow if 4080 is broken.
💡 Outlook
The short-term trend has shifted back to neutral-to-bearish.
If price closes below 4078 (H1), gold could extend losses toward 4062 – 4050.
Conversely, a bullish reversal candle around 4080–4078 may trigger a rebound toward 4108–4115.
🎯 Trading Strategy
🔺 BUY XAU/USD: 4053 – 4050
🎯 TP: 40 / 80 / 200 pips
🛑 SL: 4047
🔻 SELL XAU/USD : 4108 – 4112
🎯 TP: 40 / 80 / 200 pips
🛑 SL: 4116
Silver corrective pullback support at 4737The Silver remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 4737 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 4737 would confirm ongoing upside momentum, with potential targets at:
4980 – initial resistance
5066 – psychological and structural level
5166 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 4737 would weaken the bullish outlook and suggest deeper downside risk toward:
4667 – minor support
4600 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the silver holds above 4737. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Gold at pivotal support ahead of US CPI data The Gold remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 4010 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 4010 would confirm ongoing upside momentum, with potential targets at:
4215 – initial resistance
4270 – psychological and structural level
4315 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 4010 would weaken the bullish outlook and suggest deeper downside risk toward:
3985 – minor support
3955– stronger support and potential demand zone
Outlook:
A bullish bias remains intact while the Gold holds above 4010. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
$AMD – Bull Flag Breakout & Momentum StructureNASDAQ:AMD broke out from its bull flag on October 1st, following a two-month consolidation phase that began in August. The breakout opened up a sharp 19% gap, driven by strong volume and follow-through buying pressure — a classic continuation move after months of coiling price action.
Current Structure & Momentum
After a 90% rally YTD, price has now run into congestion near $240, which aligns with prior resistance and psychological round-number supply. Despite that, AMD continues to hold the 8-day moving average, indicating that short-term momentum remains intact and buyers are still in control.
Watch for how price reacts around the 13-day and 21-day MAs:
Holding above the 8-day → momentum intact.
Break below the 13-day → short-term pause or cooling phase.
Decisive close below the 21-day → potential trim/take-profit zone before reassessing.
The trend remains bullish until proven otherwise — let the chart tell its story before making assumptions.
Gap Zone & Risk Levels
The October breakout left a significant unfilled gap, a key reference area for potential re-tests if market sentiment turns.
Gap mid-point (~$186) marks a 50% retrace zone — a logical first level for dip buyers if AI or semiconductor sentiment weakens.
As long as price holds above $205–$210, the breakout structure remains valid.
A full gap fill would only become likely on heavy distribution or macro risk-off rotation across tech.
So far, the gap has not been filled, underscoring the underlying strength of the move.
Volume & Target Projection
Volume supported the breakout, confirming institutional participation and validating the pattern. Using a 1:1 flagpole measured move, the projected target for the breakout sits around $275 — which also aligns with the next visible volume-profile node on higher timeframes.
Summary
✅ Trend: Bullish continuation
✅ Momentum: Holding 8-day EMA → strong
⚠️ Risk line: Close below 21-day MA → trim/reevaluate
🎯 Target: ~$275 (flagpole 1:1 projection)
📊 Gap zone: Watch $186–$205 for any retrace reactions
Final Notes
Momentum remains in AMD’s favor as long as short-term EMAs hold and sector sentiment supports the move. Watch how the stock behaves into $240 — acceptance above turns that zone into potential new support, opening the path to $260–$275.
For educational and technical analysis purposes only.
#Stocks #Crypto #TA #Semiconductors #NASDAQ NASDAQ:AMD
Gold Analysis and Trading Strategy | October 24✅ From the 4-hour structure:
Gold has formed a continuous downtrend after a period of high-level consolidation, showing a clear bearish pattern. The price is currently moving near the lower Bollinger Band, around the 4050–4060 zone.
The moving averages (MA5 < MA10 < MA20) are arranged in a bearish formation, with MA10 and MA20 sloping downward, indicating that the medium- to short-term trend remains in a decline phase. The current candles are trading below all major MAs, suggesting that upward rebounds will face heavy resistance. If gold breaks below 4026, it could open further downside potential toward 3980 support.
✅ From the 1-hour chart:
Gold has fallen continuously after facing resistance at 4154.69, breaking below the 4115 support level. The price is now consolidating around 4050, with bearish pressure still dominating.
Currently, the candles are near the lower Bollinger Band, so a short-term technical rebound is possible; however, since the lower band continues to expand downward, the rebound is likely to be limited.
🔴 Resistance Levels: 4075 / 4115 / 4155
🟢 Support Levels: 4050 / 4025 / 3985
✅ Trading Strategy Reference:
🔰 If gold rebounds to the 4070–4080 zone but fails to break above, consider light short positions, with a stop loss above 4090 and targets at 4045–4025.
🔰 If the price pulls back to the 4025–4030 area and stabilizes, consider short-term long positions targeting 4050–4060.
✅ The medium-term trend remains bearish. Unless the price firmly holds above 4115–4120, the overall strategy should still focus on selling the rallies.
THATTA CEMENT (PSX) - Technical BreakdownCurrent Price: 72.21 PKR ⬇️ -9.70%
🔴 CRITICAL LEVELS TO WATCH
Resistance:
88 PKR (recent breakdown level)
96-110 PKR (blow-off top zone)
Support:
70-75 PKR (former channel resistance, now support)
60-65 PKR (ascending trendline support)
44 PKR (major horizontal support - CRITICAL)
📈 WHAT HAPPENED?
✅ Stock traded in rising channel Jan-Sep 2025
✅ Parabolic breakout to 110+ in Oct (nearly vertical!)
❌ Classic blow-off top pattern
❌ Sharp 35%+ correction from highs
❌ Now testing critical support zones
🎯 TECHNICAL SETUP
Pattern: Ascending channel breakdown after parabolic rally
Trend: Bearish in short-term, testing support
Volume: High during both rally and decline (institutional activity)
Risk Level: HIGH - High volatility zone
💡 KEY TAKEAWAY
After an unsustainable parabolic run, THACM is now in correction mode. Watch the 70-75 support carefully - a break below could send it to 60 or even 44. Bulls need to reclaim 88+ to invalidate bearish scenario.
⚠️ DISCLAIMER: This is technical analysis only, not financial advice. Trade at your own risk.
XAUUSD (Gold): Bearish Breakdown Targets $4,028 SupportKey Observations
Prior Volatility: The period starts with a significant spike (a long red candle), indicating extreme bearish pressure followed by a recovery attempt.
Uptrend Attempt (October 22nd - 23rd): Following the sharp drop, the price began to form a series of higher highs and higher lows (indicated by the small black dots/circles), suggesting an attempted short-term recovery or uptrend. The price moved from a low near $4,020 to a high around $4,150.
Recent Reversal (October 24th): The attempted rally failed after hitting a peak around $4,150. Since that high, the price has been in a clear and aggressive downtrend, forming a series of strong bearish (red) candles.
Current Price Action & Projection: The chart shows the current price at $4,052.95 and an explicit projection (indicated by the green arrow and zig-zag line) toward the previous swing low, marked by a dotted green line at $4,028.03. This suggests that based on the current momentum, the price is expected to test this support level.
Support Level: The horizontal dotted line at $4,028.03 (or possibly the earlier low near $4,020) represents a key near-term support level.
Conclusion
The chart shows a strong bearish momentum dominating the market after a failed recovery attempt. Traders are currently anticipating a test of the support level around the $4,028 to $4,020 area.
BTC accumulates and starts to recoverBitcoin (BTC/USD) – Daily Analysis
BTC continues to trade within a broad ascending channel, currently rebounding strongly from the key demand zone around 106,000–108,000. This zone has acted as a major liquidity area where buyers have repeatedly stepped in to defend price.
After forming a double rejection at the lower channel boundary, BTC has reclaimed the EMA 34 and is now attempting to stabilize above 110,000, signaling early bullish recovery momentum.
If buyers can maintain price action above 110,000, the next resistance levels to watch are:
113,000–114,000: confluence of EMA 89 + prior structure resistance.
126,000–127,000: upper trendline of the ascending channel and potential medium-term target.
Technical Outlook:
Price respected long-term ascending channel support.
EMAs show potential for a bullish crossover if momentum continues.
Higher low formation supports a recovery scenario.
Bullish Scenario:
Holding above 110,000 would confirm strength, with possible continuation toward 113,000 → 126,000.
Bearish Scenario:
Failure to hold 108,000 could trigger a deeper retracement toward 106,000 or even 102,000 (next demand zone).
EURAUD – Is the Downtrend Set to Resume?OANDA:EURAUD continues to exhibit a bearish market structure after failing to sustain its bullish momentum above 1.7950. The pair formed a series of lower highs, suggesting that sellers are gradually regaining control. Price recently retested the 1.7880–1.7900 supply zone, which aligns with a prior structure resistance and the 50% retracement level of the recent downswing.
The rejection from this zone hints at potential continuation to the downside. A break and close below the minor intraday support at 1.7830 would likely confirm renewed selling pressure. The downside target is seen near 1.7735, which coincides with the previous accumulation zone and a demand area from mid-October.
Overall bias remains bearish as long as price stays below 1.7935. A daily close above this invalidation level would negate the bearish setup and open the path for a potential retest toward 1.8000.
📉 Bias: Bearish
💥 Entry: 1.7885
❌ Invalidation: 1.7935
🎯 Target: 1.7735
DXY RARE BULLISH FRIDAY SET UPFridays are notoriously bad for dollar, however, today’s Friday session is different.
Due to the ongoing shutdown US data releases are backed and stacked up. There is a large manipulation in play (but don’t worry, trump is busy building his ballroom wing edition plans to the White House and too busy today for tariff surprises).
Long to target zone. Safe exit at 99.5, brave buyers could extend further.
Bitcoin Daily for the weekend, showing signs of more to come.
A quick update for the weekend.
We have since the start of this cycle, been printing Ranges, pushes, ranges Pushes.
Every significant push has come off one of 2 trendlines.
The Weekly chart shows these in bold white lines.
A Messy working chart but clearly shows what I mean. The Ranges are in Boxes.
To look again at the Daily, we can see that we are SO close to that trend line again
We have bounced off this line twice in recent days. We are currently under a line of resistance and so we may revisit.
It is worth noting we have a Fib Circle Right on the intersection of this Range box and the rising line of support.
We also have that vertical dash line showing us the day the FED announce their latest Rate decision.
All this in very close proximity to each other. Something is DEFINITELY going to happen here.
The 4 hour shows more detail
On this we can see that the VRVP, on the right, follows the line of that Fib circle very well.
This could be pointing towards heavy resistance, in which case the potential for PA to drop below this line of support DOES exist.
But as we can see on this chart, PA has found support on the rising line pf support a number of times now.
In the short term, we do have th epotential for Bullish moves as the 4 hour and Daiy MACD are rising.
4 hour MACD
Above neutral and looks to be heading higher.
Daily MACD
This does look Bullish but the MACD line ( yellow) has yet to cross over the Signal line ( red) and until that happens, we must remain cautious.
Weekly MACD
THIS is what we ALL need to remember, The Weekly MACD us still falling Bearish.
It is obviously possible that MACD could turn Bullish before it hits the Neutral line.
But should the MACD continue to fall on its current trajectory, it will be the New year before it arrives at a line of support.
Conclusion
CAUTION remains the most important thing righ tnow.
The FED rate decision will certainly effect markets and we will see that next week.
Bitcoin is in a tight Squeeze with the potential to move in BOTH directions.
Short term we may see a move higher. Maybe to 117K
But if we get rejected and pushed back below, sentiment may tumble.
Loose 100K and begin to activate Bearish plans
Reach 94K and thinl about what you intend to do VERY seriously.
Me, I will start Buying again...........................
US30 (Dow Jones) Technical Breakdown – 10/24/2025📍 US30 (Dow Jones) Technical Breakdown – 10/24/2025
US30 bouncing strong off the 46,500 demand zone and reclaiming EMAs 📈 Bulls showing strength again, but price now pressing into a major resistance area near 46,830–46,900, where it’s been rejected multiple times 🔥
📊 Market Behavior:
🔹 EMAs flipped bullish after a clean higher low
🔹 Price retesting key structure at 46.8K
🔹 Buyers defending the 46.5K region aggressively
📌 Key Levels:
🔹 Resistance Zones:
46,830 → current intraday cap
46,900 → breakout confirmation
47,100 → bullish continuation target
🔹 Support Zones:
46,520 → local demand
46,300 → EMA retest zone
45,550 → major higher-timeframe support
🧠 Bias:
Bullish ⚡
➡️ Above 46,900 → bullish breakout toward 47,100+
⬅️ Below 46,500 → possible correction back to 46,300
Trade Analysis (15m CAP Wave – Bullish Setup)The 15-minute CAP wave displays a strong bullish structure, aligning with a full session confirmation (FSC) within the same timeframe. This confluence — reinforced by momentum toward the session high (SH) and P-line (PL) — forms a triple confirmation setup, signalling a high-probability continuation in the upward direction.
Following this upward expansion, a retracement is anticipated as price reacts near the SH and PL zones. Once this corrective phase is complete, the trend is expected to resume toward the TL green zone, in line with the broader bullish market structure.
The alignment of CAP, FSC, and SH + PL zones confirms sustained buying pressure and supports the expectation of continued intraday and structural momentum once the retracement phase concludes.
FTSE Bullish breakout supported at 9490The FTSE remains in a bullish trend, with recent price action showing signs of a breakout within the broader uptrend.
Support Zone: 9490 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 9490 would confirm ongoing upside momentum, with potential targets at:
9600 – initial resistance
9650 – psychological and structural level
9700 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 9490 would weaken the bullish outlook and suggest deeper downside risk toward:
9465 – minor support
9440 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the FTSE holds above 9490. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
COPPER — 5.064 Long, Confluence and stacked oddsCMCMARKETS:COPPERZ2025
Fundamental: Bullish (5 Stacks) — supply disruptions and China demand.
Technical: Bullish (6 Stacks) — above EMAs, ADX 20.6, RSI 60.8.
Summary: Strong alignment; industrial momentum intact. Actionable Bullish Trade above 5.05.
Stop Loss: 4.96 Take Profit: 5.19 (~0.07 ATR × 1.52 / 2.6 R reward).
ES - October 24th - Daily Trade PlanOctober 24th - 6:35am
*Before reading this trade plan, IF, you did not read yesterdays, or the Weekly Trade Plan take the time to read it first! (You can see both posts in the related publication section) *
If my posts provide quality information that has helped you with your trading journey. Feel free to boost it for others to find and learn, also!
My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective.
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Yesterday, I stated "IF price can reclaim 6751 area, we should back test to the 6768-70 level. Above 6750 and bulls are back in control. My general lean is that we need to at least retest 6717 level and reclaim we should get a few quick points. IF price loses 6717, we most likely retest the 6695 level and 6674, 6653 are 2 main levels I would be looking for a flush and reclaim to grab points."
We dropped to 6719, cleared 6726 (Which was a strong support level as you can see on the 15min chart overnight at 8pm a massive institutional candle that held 6717 support) and we came back down, grabbed liquidity and then rallied into 6750 resistance, sold off to retest that level and we rallied all day and overnight.
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Overnight low is 6777 and overnight high is 6798. We have tested this 6798 level 2x overnight and we should get a pull back and then clear on next attempt. We have CPI at 8:30am. While price should hold 6777 and continue higher, we have rallied nearly 100pts into a big data event and we need to be cautious as it could get volatile.
Key Levels Today -
1. Loss of 6784 and reclaim
2. Loss of 6774-77 and reclaim
3. Loss of 6763 and reclaim
4. Loss of 6758 (maybe as low as 6750) and reclaim
IF price really sells off, the loss of 6742 (maybe as low as 6736) and reclaim would be a good spot. Ideal area would be loss of 6720 and reclaim.
We have to view price action as bullish until the trend changes. That would need a loss of 6695 to change that structure. Short term, we need to hold 6750 with 6726 being the lowest or we could flush to 6690-95.
Key Support Levels - 6784, 6777, 6774, 6763, 6750, 6744, 6726, 6720, 6711, 6793, 6690
Key Resistance Levels - 6798, 6807, 6812, 6815, 6822, 6827, 6836
I will post an update around 10am EST.
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Couple of things about how I color code my levels.
1. Purple shows the weekly Low
2. Red shows the current overnight session High/Low (time of post)
3. Blue shows the previous day's session Low (also other previous day's lows)
4. Yellow Levels are levels that show support and resistance levels of interest.
5. White shows the trendline from the August lows
TAO - BORING CHART - NEUTRAL#TAO - price analysis:
Very neutral & weekly. 🤯
Level to watch:
480 - 463 - 412 - 370 - 348 - 310
Breakout points:
455 $ (weekly) for bulls
305$ (weekly) for bears.
Lower key demand zone: 335 - 320$ in case of dump.
I expect to see medium term sideway phase here... Boring chart.
Gold xauusd gold is still moving in this small range at the bottom of the sideway zone, volume is crazy in this range, we can see 150 pips moves in 2-3 minutes, so let's stay active and watch how this zone reacts, if it will keep up or if it will get broken out, this is a very interessting zone, I would like to watch first before taking another trade here.
EURUSD volatility ahead triggered by US Inflation data The EURUSD remains in a bullish trend, with recent price action indicating a potential breakout within the broader uptrend.
Support Zone: 1.1590 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.1590 would confirm ongoing upside momentum, with potential targets at:
1.1710 – initial resistance
1.1740 – psychological and structural level
1.1780 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 1.1590 would weaken the bullish outlook and suggest deeper downside risk toward:
1.1550 – minor support
1.1500 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the EURUSD holds above 1.1590 A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
The Day Ahead - upside CPI surprises?Markets today will be focused on a heavy data slate and key central bank commentary, with attention centred on global flash PMIs and US inflation data, both of which could influence near-term rate expectations.
Key data highlights:
Global: October flash PMIs will provide the first look at business activity trends amid signs of slowing global momentum.
US: September CPI and Kansas City Fed services activity will be closely watched for confirmation of easing inflationary pressures and the health of the services sector.
UK: A busy morning with October GfK consumer confidence and September retail sales, both giving insight into the impact of high borrowing costs on consumers.
Japan: September national CPI may test expectations that the BoJ will stay cautious on tightening.
Europe: France’s consumer confidence and Sweden’s PPI add to the regional inflation picture.
Central banks:
ECB’s Nagel, Cipollone, and Villeroy are all scheduled to speak, and their tone could offer further clues about how long policy will stay restrictive given weak activity data.
Corporate earnings:
Another big day in earnings, with Procter & Gamble, Sanofi, NatWest, and Porsche reporting. Investors will look for commentary on margins and consumer demand as inflation cools.
Other developments:
Moody’s will review France’s credit rating, a potential risk event given recent fiscal slippage.
Ireland’s presidential election takes place, though market impact is likely limited.
Market outlook:
With so many key data releases and earnings updates, volatility could pick up. Traders will be looking for signs of cooling inflation but resilient activity to sustain the recent equity rebound, while bond markets remain sensitive to any upside CPI surprises.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
US30 Bearish Leg from $46,800Hi everyone,
Sharing a 15m US30 chart for you guys.
This morning, price traded above previous days high and then gave a bearish reaction.
On the shared chart I have the Asian Low (AL) marked out, which has not been swept or traded below yet.
So this could potentially be a good interim bearish target.
This current $46,800 price level could potentially act as a pivot point if the correct confluences form on the lower time frame such as the 5m chart.
Confluences @ $46,800:
- 61.8% FIB
- OB area
- 1h FVG area
Kind regards,
Aman






















