Gold consolidation? Can it still be operated?The 4-hour chart shows that the Bollinger Band opening is tightening, but the price is still trading above the middle line and moving slowly based on the MA5 moving average.
Currently, the middle band of the Bollinger Bands coincides with the MA20 moving average, with the price around 3630. This level is a key focus today. The US market price remains above 3630, and the price is likely to continue to fluctuate slightly and accumulate momentum to continue to rise. However, it is also possible that the price will consolidate in the 3640-3650 range, awaiting new market catalysts.
Trading strategy:
If the price stabilizes above 3630, scalping in the 3635-3660 range is feasible.
Once the price falls below 3630, change the strategy in time because the trend may reverse.
X-indicator
USDCAD bullish support at 1.3790The USDCAD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 1.3790 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.3790 would confirm ongoing upside momentum, with potential targets at:
1.3930 – initial resistance
1.3960 – psychological and structural level
1.4000 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 1.3790 would weaken the bullish outlook and suggest deeper downside risk toward:
1.3755 – minor support
1.3730 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the USDCAD holds above 1.3790. 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.
FLUXUSDT 1D#FLUX has broken above the descending resistance and the SMA100 on the daily chart. In case of a successful retest, the potential targets are:
🎯 $0.2647
🎯 $0.3219
🎯 $0.3682
🎯 $0.4144
🎯 $0.4802
🎯 $0.5641
If it falls back below the descending trendline, consider a buy level around the support zone.
⚠️ Always remember to use a tight stop-loss and follow proper risk management.
SOL won’t make it to the new ATH??We see this bullish novel on the 1D timeframe, which is a strong formation in this kind of trend.
Next, one of the most important Fibonacci levels in my opinion is 0.314, which is closing our volume gap (visible more clearly on the 1W timeframe). These two confluences, plus the divergence seen from the 1D TF downward, make me think of a possible slight downtrend from the 223–229 area, with potential liquidity grabs up to 232. In that case, we could be back at 193 and then continue the ride toward a new ATH.
One thing we need to keep in mind (but just as a possibility) is the Head & Shoulders formation from March 2024, with the head at the ATH and a potential right shoulder forming right now. It’s a darker scenario, but we shouldn’t forget about it.
So, I remain bearish until we break above $240.
Let’s see what the market gives us.
Chainlink (LINK): Looking For Explosive Bounce | BullishLINK is sitting right on top of the 200 EMA, a level that has historically triggered explosive moves. We’ve seen similar setups before where price consolidated around the EMAs, only to follow up with strong upside continuation.
As long as buyers defend this zone, the expectation remains for a bounce — with the next targets sitting at the local resistance levels around $28 and $30. A clean break and hold above here could unlock the next phase of bullish momentum.
Swallow Academy
ETH one last push before rate cuts in September.Ethereum broke down-trend since last All time high while holding green trend line.
This gives one more opportunity to visit 1.272 fib level which is at 5100-5250$
After this move is done expect agressive correction to ~3440$. ETH will surge up to the new ATH at the end of this cycle after correction is over probably somewhere in october.
Revision to Prior Idea. Range Bound SellsI want to scratch my prior idea as the market is showing me it is in a distribution phase in this range.
I am confident that the all time high will hold until price pulls back down to the prior low of 43,400 and then take out the all time high.
Does this look familiar?
The exhaustion bar with ZERO follow through is what is telling me this range will break bearish. Price is bumping its head on that weekly close
Another clue is on the Weekly chart. Price closed above barely with a peek a boo. High chance of a false break reversal.
On the weekly chart, you don't want to see a break and close above with no follow through. It is not a sign of continuation. It is a sign of a false break reversal. When it false breaks, it reverses back to the other side of the range.
Gold | H1 Head and Shoulders | GTradingMethodHello Traders 👋
We’re finally getting a clean pattern to short Gold on.
🧐 Market Overview:
The chart is showing signs of exhaustion. We already have negative RSI divergence and decreasing volume on the right shoulder — both pointing to weakening buying momentum. I’m still waiting for confirmation before fully committing, but the setup is looking solid.
📊 Trade Plan:
Risk/Reward: 4.0
Entry: 3640.77
Stop Loss: 3652.5
Take Profit 1 (50%): 3602.4
Take Profit 2 (50%): 3581.5
💡 GTradingMethod Tip:
When trading reversal patterns like head & shoulders, volume is key. A drop in volume on the right shoulder often strengthens the case for a potential move lower.
🙏 Thanks for checking out my post!
Make sure to follow me to catch the next setup and let me know what you think — will this H&S confirm, or does Gold still have room to push higher?
📌 Disclaimer:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
How to Use Moving Averages in TradingViewMaster moving averages using TradingView's charting tools in this comprehensive tutorial from Optimus Futures.
Moving averages are among the most versatile technical analysis tools available, helping traders analyze trends, identify overbought/oversold conditions, and create tradeable support and resistance levels.
What You'll Learn:
Understanding moving averages: lagging indicators with multiple applications
Simple moving average basics: calculating price averages over set periods
Key configuration choices: lookback periods, price inputs, and timeframes
How to select optimal lookback periods (like 200-day) for different trading styles
Using different price inputs: close, open, high, or low prices
Applying moving averages across all timeframes from daily to 5-minute charts
Analyzing price relative to moving averages for trend identification
Using 50-day and 200-day moving averages for trend analysis on E-Mini S&P 500
Mean reversion trading: how price tends to return to moving averages
Trend direction analysis using moving average slopes
Famous crossover signals: "Death Cross" and "Golden Cross" explained
Trading moving averages as dynamic support and resistance levels
Advanced moving average types: weighted and exponential moving averages
Applying moving averages to other indicators like MACD and Stochastics
Balancing sensitivity vs. noise when choosing periods
This tutorial may benefit futures traders, swing traders, and technical analysts who want to incorporate moving averages into their trading strategies.
The concepts covered could help you identify trend direction, potential reversal points, and dynamic trading levels across multiple timeframes.
Learn more about futures trading with TradingView:
optimusfutures.com
Disclaimer:
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary.
This video represents the opinion of Optimus Futures and is intended for educational purposes only. Chart interpretations are presented solely to illustrate objective technical concepts and should not be viewed as predictive of future market behavior. In our opinion, charts are analytical tools—not forecasting
Gold – Still One of Wall Street’s Highest Conviction TradesGold – Still One of Wall Street’s Highest Conviction Trades
Almost every major Wall Street bank currently lists long Gold as one of their strongest conviction calls – and the reasoning makes sense. There are three fundamental drivers that continue to support the bullish case:
I. Persistent U.S. Inflation → Gold remains in strong demand as a hedge.
II. Potential Fed Rate Cuts → Likely USD weakness could further lift Gold due to its negative correlation .
III. Reserve Diversification → A gradual shift towards Gold as a USD alternative in global central bank and hedge fund portfolios.
I’m not typically a trend trader, nor do I trade Gold frequently (my focus is mean reversion in FX), but I do find these arguments compelling.
From a tactical perspective, I wouldn’t chase the current highs. Price recently broke out of a triangle formation, and the Williams %R is at levels that historically preceded pullbacks. If I had to establish exposure, I’d prefer to wait for a retracement into the 38.2%–61.8% Fibonacci zone, scaling in gradually with multiple small longs.
To be clear – I don’t see an attractive short setup here. But patience may offer better risk–reward on the long side.
What’s your view? Do you agree with the fundamental case, or do you see a different setup?
Stay safe & happy trading,
Meikel
DOGE ready to bark againTechnically , DOGEUSDT on the daily chart is breaking out of an ascending triangle. After a period of compression, the breakout on volume suggests a potential bullish continuation. The immediate target is $0.3300, and if momentum persists, the move could extend to $0.3777. Key support remains near $0.19–0.20, reinforced by the 200-day moving average.
On the fundamental side, DOGE gains attention from speculation about integration into the X (Twitter) ecosystem, with Elon Musk keeping the narrative alive. The broader recovery in the crypto market and renewed interest in altcoins also serve as supportive factors.
Tactically, a sustained close above $0.25 would confirm the bullish setup. As long as volumes remain strong, the path toward $0.33 and beyond looks realistic.
DOGE is still the classic hype-driven asset - and it seems ready to bark again.
$TLT bull run is beginning; Top trade idea for 2026- Anticipated Federal Reserve Rate Cuts are coming. People think for the good reason but it is actually for the wrong reason. Fed is too late !
- Treasury yields are falling after being stubborn for years
- NASDAQ:TLT would be safe haven for the recession we are tipping into 2026
- Market is all time high with la laland spending by Big Cap Tech stocks because of AI
Crude Oil (USOIL) – Long SetupOil is currently trading around $63.20 and has formed a clean ascending structure, pushing into the breakout zone. Price is respecting the trendline well and is consolidating just below the EMA cluster – a breakout could be next.
We're currently in a narrow entry zone where bulls may gain control if we see a clean break above the local resistance range.
Trade Setup:
Entry: within the purple box (current zone)
Stop Loss: $62.60 just below the trendline – invalid if broken
Breakout Confirmation: clear candle close above $63.45
Targets:
T1: $63.70
T2: $64,60
Why Long?
Trendline support is holding – price has been bouncing cleanly off the rising line.
Momentum building – repeated tests of resistance without strong rejection.
EMA cluster as magnet – price may want to retest and potentially break through the EMA zone sitting above.
Summary:
Crude oil is coiling tightly just below resistance and trendline support is holding strong.
If we get a push above the breakout zone, I expect follow-through toward T1 = $63.70 and T2 = $64.60
Setup becomes invalid if the ascending trendline breaks clearly to the downside.
No financial advice – just how I see the chart.
TSLA 45Minutes Time frameTSLA 45-Minute Snapshot
Current Price: $346.97 USD
Change: +0.18% from the previous close
Intraday Range: Not available
🔎 Technical Indicators
RSI (14): 53.64 — Neutral
MACD: 1.78 — Buy signal
Moving Averages:
5-period SMA: $347.01 — Sell signal
10-period SMA: $346.78 — Buy signal
20-period SMA: $347.82 — Sell signal
50-period SMA: $340.53 — Buy signal
📈 Market Sentiment
Pivot Points:
R1: $347.52
R2: $348.18
R3: $348.95
S1: $345.32
S2: $344.65
S3: $343.99
📅 Outlook
Bullish Scenario: A breakout above $347.52 could lead to a push toward $348.18 and higher.
Bearish Scenario: A drop below $345.32 may test support around $344.65.
Overall Bias: Neutral to slightly bullish, with mixed signals from moving averages.
“Gold Shines Bright | Bullish Momentum Targeting $3,700🔎 Technical Analysis – XAU/USD (1H Chart)
Trend: Strong bullish trend confirmed, with price making higher highs and higher lows.
Buy Zone: Around 3,590 – 3,600 USD, where buyers stepped in aggressively.
Short-Term Target 🎯: 3,650 – 3,700 USD (already highlighted on chart).
Key Support Levels:
3,561 USD (near-term support)
3,490 USD (major support, bullish structure invalidation if broken)
📌 Outlook: As long as price holds above the buy zone, momentum favors bulls with potential continuation toward 3,700+ USD.
🌍 Fundamental Drivers for Gold Bullishness ✨
Federal Reserve Rate Cuts Expectations 🏦⬇️ – If the Fed signals easing or holds a dovish stance, real yields fall → Gold strengthens.
Weakening US Dollar (DXY) 💵📉 – A softer dollar makes gold more attractive to global investors.
Geopolitical Risks 🌍⚠️ – Rising global tensions increase demand for safe-haven assets like gold.
Central Bank Demand 🏦🔒 – Many central banks are adding gold reserves to hedge against currency risks.
Inflation Hedge 📊🔥 – Gold remains attractive when inflationary pressures stay elevated.