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GOLD → Will the correction continue, or is it time for growth?FX:XAUUSD is inside a descending channel—corrections within a global bullish trend. The price is forming a retest of resistance, and the market's reaction to the 3760 zone will give further insight into price movement... Gold is consolidating in the range of 3730-3790 in anticipation of US economic data and speeches by Fed officials. Pressure on the metal is intensifying due to revised expectations for rate cuts and a correction in the dollar... Key factors: Markets have reduced expectations for easing to 43 bps by the end of the year after cautious comments from the Fed. The dollar index has reached a 9-day high, limiting gold's growth. Tensions between Russia and NATO are preventing gold from falling. The market is in wait-and-see mode ahead of tomorrow's PCE data. Strong data today will strengthen the dollar and reinforce the correction in the metal, while escalating geopolitics will bring back demand for safe havens. Resistance levels: 3760, 3776, 3791 Support levels: 3752, 3741, 3731 Technically, the market is testing downward resistance. Since the opening of the session, the price has already moved a lot and there may not be enough potential for an initial breakout. I expect a pullback to 3745-3740, and if the bulls return the price to 3760, the market will have a chance to break through resistance and continue growing towards the resistance level of the range. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
7
ETHEREUM → False breakout of 4100. Panic?BINANCE:ETHUSDT is forming a false breakout of resistance on the daily chart, formed by the ATH of the previous bullish cycle - 4100. Closing below this level could cause panic in the market... Bitcoin looks weak, consolidating below 114K. There was an attempt at a rally, but the news broke the structure and the cryptocurrency market is forming a downward correction, testing intermediate lows. Ethereum broke the support of the trading range and entered the panic zone - below 4065. The market may fight for this zone, and as part of the correction, the price may test the 4065-4120 area, but if ETH closes below resistance, it could trigger a price drop within the current bearish cycle to 3880-3715. Resistance levels: 4065, 4120, 4206 Support levels: 3880: 3715, 3370 On D1, the structure is weak, the price breaks through 4100-4090 and consolidates in the sales zone. Everyone who bought above 4100 can now start active sales due to the activation of stop orders, panic, fear, and the reversal of their positions. If the market does not receive support (bullish driver), the correction may continue. The nearest target is 3878 - 3715 7 3400 Sincerely, R. Linda!
Short
by RLinda
5
GOLD → Intermediate bottom. Consolidation before growth FX:XAUUSD is being sold off and declining amid profit-taking following speeches by Powell and Trump. However, the market is quite aggressive amid falling interest rates. After forming an interim bottom, the market quickly bought back the decline. Gold is correcting after record growth, awaiting new signals from Fed representatives and PCE inflation data on Friday. The price remains close to historic highs, but the upward momentum has temporarily slowed, with consolidation forming at 3752-3791. Key factors : Powell gave no clear hints about future rate cuts, noting the risks of rising inflation and a weakening labor market. The probability of a rate cut in October has risen to 92%, but the Fed's sentiment index is fluctuating somewhat... The risk of a US government shutdown on October 1 and mixed PMI data are holding back the USD's strengthening. Technically, gold remains in a bullish trend, but consolidation is possible in the short term. PCE data will be the deciding factor — weak figures will support the metal, while strong figures will trigger a correction. Resistance levels: 3776.9, 3791, 3800 Support levels: 3767, 3752, 3738 The price is consolidating. Before reaching 3791-3800, there may be a retest of local support. Similarly, a retest of the ATH may also trigger a small pullback of 1/2 of the impulse before a breakout and growth to the specified targets. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
9
EURJPY → The classical model of technical analysis FX:EURJPY is attempting to break through resistance. The trend is bullish, and the probability of continued growth after consolidation above 174.50 is quite high... The market is forming an uptrend amid a decline in the dollar index. EURJPY looks quite strong, breaking through resistance at 174.47 sends the price into a void zone where there are no barriers to growth. A breakout of the “ascending triangle” consolidation resistance is forming. If the bears keep the price above 174.47, the market may enter a distribution phase... Resistance levels: 174.47, 175.0 Support levels: 174.226, 173.86 The classic technical model for the continuation of the movement is a breakout of the resistance of the ascending triangle. Consolidation of the price above 174.47 - 174.5 may provoke a continuation of the movement within the bullish trend. Best regards, R. Linda!
Long
by RLinda
2
GOLD → Aggressive growth is not over. Powell's speech...FX:XAUUSD is rallying, with demand high amid a falling dollar and the Fed's rate cuts. Technically, there are no obstacles to growth, and the market is aggressive. For trading, look for buying opportunities on pullbacks. Gold is rallying and hitting new highs as people realize what's going on (interest rates are falling). Powell's speech is coming up, and it may trigger a correction (profit-taking) amid growing risks. Key factors: Powell's speech today, at which time the market is waiting for hints of further easing of Fed policy. PMI data (US), weak figures will support the possibility of further rate cuts... Demand for metal is supported by geopolitical tensions in the Middle East and Eastern Europe. Resistance levels: 3800 Support levels: 3760 Many factors are supporting the rise in gold, and there are no compelling reasons to sell gold now. The ideal trading strategy is to wait for a pullback and retest of support levels with the formation of strong reversal points for buying. Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
17
SOLANA → When will the sale end? Bullish trend...BINANCE:SOLUSDT.P is testing the key support zone of 210-215 amid a market decline. However, it is too early to say that the correction is over; additional signs are needed... Bitcoin is not slowing down yet, a small correction is forming, and there is a chance for the market to fall to 110K. This could also trigger a decline in altcoins before further growth. SOL has been hit by a general sell-off across the entire market. Technically, the chart shows a sell-off and a halt to the decline in the support zone of 212.22. A double bottom has formed, which may be tested before the price returns to growth. The current consolidation in the range of 212.0 - 221.0, the boundaries of which are of interest to the market, gives hope. Support levels: 212, 200, 197 Resistance levels: 221, 231.5 A breakout of the local consolidation resistance and a close above 223.5 - 224 could trigger further growth within the bullish trend. Otherwise, MM may test the liquidity and support zone of 212.0 before the coin begins its recovery phase. Best regards, R. Linda!
Long
by RLinda
4
GOLD → The rally continues. We are waiting for a pullback to buyFX:XAUUSD is rallying since the opening of the trading session. The movement has been continuing since Friday, after the end of the correction. The market is realizing the potential for interest rate cuts... The metal is showing gains for the fifth week in a row, despite the local recovery of the dollar. Key supporting factors: The forecast of two rate cuts before the end of the year continues to fuel interest. Tensions in US trade relations with India and other sources of instability. Upcoming PCE data on Friday may confirm the need for a soft policy. BUT! Caution is needed, as a short-term correction (profit-taking) is possible after record growth. Resistance levels: 3730, 3740, 3750 Support levels: 3703, 3685, 3674 The price is in the ATH zone, having come a long way since the opening of the session, and a correction may form. It is dangerous to sell in the current zone, and for trading within the bullish trend, it is worth waiting for a pullback to the nearest local support levels... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
19
NZDJPY → Consolidation amid a downtrend. What next?FX:NZDJPY is ending its correction and returning to the downward trend. The price is consolidating for a possible continuation of the downward movement... The price breaks the support of the upward channel (countertrend correction). The movement occurs in a “step” format, which generally indicates weak demand. Clear consolidation boundaries are forming on the chart. The global trend is downward, and the local trend has also resumed its downward movement. Focus on two zones: 86.5 - 86.96. Within the framework of trading strategies, a false breakout of resistance or a breakout of support can be considered with the aim of continuing the decline. Resistance levels: 86.96, 87.16 Support levels: 86.5 As part of consolidation, MM may form a liquidity trap on the resistance side, and a false breakout may trigger a further decline. However, if the bears increase pressure, the formation of a pre-breakdown base relative to the 86.5 support may trigger a breakout and a continuation of the downward movement. Best regards, R. Linda!
Short
by RLinda
7
GOLD → Breakthrough of correction resistance. Uptrend FX:XAUUSD entered a correction phase after the Fed meeting and interest rate cut, but by the end of the week, the market managed to recover from the decline and return to the zone of interest, breaking through the resistance of the downtrend... The dollar is correcting after the Fed meeting on interest rates. The index is testing resistance at 97.5-98.0, and a false breakout of this zone could trigger a fall in the index, which in turn would only support the forex and gold markets... At this time, the metal is reducing its correlation with the DXY and breaking the resistance of the downward correction, which is provoking an impulse to 3685. Technically, Friday's trading session is closing quite positively, which generally indicates a high level of demand. I would highlight several key levels: the previously broken resistance at 3674 (below this zone there is a hidden liquidity pool) and resistance at 3685 (trigger). A retest of the lower level is possible before the price continues its growth. The target within the current movement can be considered 3700 - 3710. Support levels: 3674, 3668, 3660 Resistance levels: 3685, 3703, 3710 If, during the Asian/Pacific session, gold consolidates without a pullback and closes above 3685, the market may continue to rise towards the specified target. However, if the market lacks potential (after the weekend), then MM may test 3674 - 3668 before the price returns to growth towards the target of 3700. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
7
BITCOIN → Manipulation, long squeeze before growth BINANCE:BTCUSDT is in a global bullish trend. The fundamental background, following the start of interest rate cuts, is taking a positive turn, but instead of growth, the market is consolidating... Bitcoin is showing resilience, trading within the specified trading range (above 114K) amid the Fed's policy easing. For three weeks in a row, growth has been supported by dovish signals from the central bank and growing institutional demand. Key drivers: The Fed's 25 bps rate cut and forecasts of further easing (to 3.6% by the end of 2025) have strengthened the fundamental backdrop in the cryptocurrency market. Corporate and ETF purchases continue to fuel the bullish trend. Low rates reduce the attractiveness of bonds and increase interest in Bitcoin. Technically, the market, influenced by manipulation rather than growth, continues to accumulate potential before growth. Resistance levels: 117860, Support levels: 114600, 113300 The market is forming an uptrend, with a bullish trend line appearing on the chart. However, as part of consolidation, Bitcoin is under pressure from bears and is moving into a correction phase from 117900. I expect that MM may form a long squeeze in the liquidity zone. That is, a false breakdown of the consolidation support and trend at the same time, and only then return to an upward movement. Best regards, R. Linda!
Long
by RLinda
32
GOLD → Retest of resistance at 3660. What could happen?FX:XAUUSD is testing resistance to correction after breaking the local market structure from bearish to bullish. A breakout of 3660 could give buyers a chance... A 25 bp rate cut to 4.25% was expected, but the forecast for further cuts came as a surprise: now two cuts before the end of 2025 (instead of one) and one in 2026. The reason for the shift: fears of a slowdown in the labor market outweighed the risks from inflation (2.9% in August). The dollar continues its countertrend correction (rebound) after Powell's speech and economic news. This temporary phenomenon may soon end. Gold, after a manipulative phase, may return to an upward movement if the price breaks 3660 and consolidates above this level. The Fed preferred to support employment, risking accelerating inflation. In the long term, this will support risk assets and commodities, but in the short term, the markets have taken a pause. Resistance levels: 3360, 3675, 3688 Support levels: 3643, 3631 Gold is not updating local lows, a cascade bottom is forming and the local bearish structure is breaking down. If the market manages to overcome the resistance of the correction, a bullish impulse may form! Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
14
SOLUSDT → Correction amid a strong bullish trend BINANCE:SOLUSDT , after updating its next high, formed a false breakout of local resistance and returned to the trading range as part of a correction. What to expect from altcoin? The main driver of the crypto market, Bitcoin, is consolidating above 115K and facing fairly strong resistance at 117400. Earlier, the price completed a downward correction. The market is dominated by a positive technical and fundamental background. SOL looks stronger than Bitcoin and is testing new highs... The price of SOLANA is forming a false breakout of resistance and is entering a correction phase amid a bullish trend. As part of the correction, the price may test the local imbalance zone and the key liquidity level of 242.5. Resistance levels: 244, 249.2, 253.5 Support levels: 242.5, 239, 231.5 Technically, the price may form a false breakdown of the nearest zone of interest at 242.5, and if the bulls manage to keep the price above the resistance zone of 242.5-244.0 after this maneuver, the coin may return to an upward movement. However, if this does not happen, I would wait for a retest of the 239.0 zone, where the trend support line is located. The medium- and long-term outlook for SOL is positive, and the price is highly likely to test the ATH 295.0. Best regards, R. Linda!
Long
by RLinda
6
GOLD → Rates have been cut. Will growth continue?FX:XAUUSD , following the Fed's decision on interest rates, caused a shock, updating the ATH to 3707, then updating the minimum to 3633. Since the opening of the European session, the market has been recovering, but there is a BUT... The Fed's Dot Plot confirmed the forecast of two additional rate cuts before the end of the year, which provides long-term support for gold. The USD remains under pressure after the Fed's decision, despite a short-term rebound. Trump's statements and the escalation of conflicts continue to fuel demand for safe havens. After rising to a record high of $3707, a short-term correction is possible. If today's jobless claims come in better than expected, it will temporarily strengthen the USD. As for Powell, his emphasis on “meeting-to-meeting decisions” may limit appetite for risky assets. Resistance levels: 3674.7, 3688.6 Support levels: 3654.5, 3633, 3626.8 Technically, since the opening of the European session, gold has spent its intraday ATR reserve. From the specified resistance level of 3675 (psychological level), a correction to 3660-3655 may form before continuing to grow to 3675-3688. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
15
GBPAUD → False breakdown. Return to bullish trend FX:GBPAUD is forming a false breakdown of support and returning to a bullish trend. The market has seen a breakdown of the local structure, signaling the end of the correction. The pound sterling has consolidated above the consolidation resistance, thereby showing bullish signs, which has a positive effect on the GBPAUD currency pair. False breakdown of the trend and support of global consolidation. The price returned to the range and closed in the long zone. Bulls may provoke continued growth after the formation of local patterns... Resistance levels: 2.0746, 2.103 Support levels: 2.04788, 2.0301 Consolidation of the price above support and a breakout of local consolidation may trigger further growth. The trend is bullish, targets are indicated on the chart. Best regards, R. Linda!
Long
by RLinda
6
GOLD → The market depends on the mood of the FED. Rate cuts FX:XAUUSD , after reaching 3700, entered a correction phase triggered by profit-taking ahead of important market news—the Fed's interest rate meeting. Gold is falling and testing 3660-3650 after updating its ATH to 3703 ahead of the Fed's decision. All eyes are on Powell's forecasts and comments on future policy. Fundamentally, a 25 bp rate cut is already priced in. Much more important is whether the Fed will hint at more than two cuts before the end of the year. The market is expecting aggressive easing due to the risks of stagflation (weak labor market + persistent inflation). If the Fed takes a dovish stance (three rate cuts), gold could hit new records. If it is hawkish, i.e., a surprise (only one or two rate cuts), the dollar will strengthen and gold will correct Resistance levels: 3674.7, 3686, 3700 Support levels: 3657, 3646.5, 3637 Technically, the further scenario for gold depends solely on the mood of the Fed and Powell's comments. The market still hopes to hear more positive hints and, before that, is forming a deep correction to the liquidity zones indicated on the chart in order to buy cheaper, if the situation allows... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
11
Gold Pullback Toward 3,650 as DXY Weakness Supports UpsideHey Traders, in today's trading session we are monitoring XAUUSD (Gold) for a buying opportunity around the 3,650 zone. Gold is trading in an uptrend, with price currently correcting toward this key support/resistance level. Structure: The broader bias remains bullish, with price pulling back toward a key area of interest. Key level in focus: 3,650 — a zone where buyers may look to re-enter and resume the trend. Fundamentals: The U.S. Dollar Index (DXY) maintains a bearish bias, currently in a downtrend and approaching 97.150 resistance. This weakness could continue to support Gold due to their negative correlation. Trade safe, Joe.
OANDA:XAUUSDLong
by JoeChampion
31
XRPUSD → Will the rate meeting be a bullish driver for altcoins?BINANCE:XRPUSDT.P is consolidating above the previously broken boundary of the descending triangle formed within the bullish trend. Important news is ahead—the Fed's meeting on interest rates, which is highly likely to become a bullish driver for the cryptocurrency market. The daily structure of the XRP market looks promising. The price is not updating global lows, is staying within the boundaries of the uptrend, and at the same time is breaking through the resistance of the downward correction, trying to consolidate above the fairly strong support level of 2.9535. But the market is waiting for a driver, namely fundamental background. If this background strengthens after Powell's speech, Bitcoin and altcoins may strengthen, including XRP. However, the fundamental background largely depends on the overall mood of the Fed and its comments. The market has already priced in an interest rate cut, as this is predictable given the economic data. But traders will be watching Powell's tone and how dovish or hawkish his view of the situation is. Support levels: 2.9535, 2.8853 Resistance levels: 3.0577, 3.155, 3.359 Technically, at the moment, I am considering a scenario of a retest of support and the formation of a long squeeze at 2.9535 - 2.8853 against the backdrop of increased news volatility (manipulative nature). However, if this does not happen, the focus will be on 3.0577, and a close above this level could trigger further growth. Best regards, R. Linda!
Long
by RLinda
7
GOLD → Testing 3700. What to expect from the price going forwardFX:XAUUSD continues to rally. Ahead lies the psychological barrier of 3700, where the market may form profit-taking ahead of Tuesday and Wednesday's news... Gold is testing 3700. The bullish trend remains unshakable thanks to a combination of macroeconomic and geopolitical factors. Expectations of Fed policy easing: There is a high probability of a 25 bps rate cut (possibly even 50 bps) as early as this week. Trump's pressure on Powell reinforces these expectations. Stagflation risks: Slowing growth amid steady inflation increases the appeal of gold as a hedge. Risks: Profit-taking: After a sharp rise, a short-term correction is possible in the psychological target zone of 3700. Retail sales data (today): Weak data will support gold, while strong data may temporarily strengthen the dollar. Fed decision (tomorrow): Even if the rate is lowered, a “sell on the fact” reaction is possible. Resistance levels: 3700, 3710 Support levels: 3685, 3675, 3657 Technically, since the opening of the session, gold has lost part of its daily ATR, and the upward movement may be zigzag-shaped, especially ahead of the news. I expect a correction from the market to 3685-3675 with the aim of rebounding upwards... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
29
GBPJPY → Ascending triangle on an upward trend...FX:GBPJPY is attempting to break through the resistance of the ascending triangle consolidation pattern amid the strengthening of the pound sterling, driven by expectations of interest rate cuts... The currency pair is breaking through consolidation resistance amid the growth of the pound sterling. The driver is the expectation of positive news... An attempt to break through resistance is forming, with bulls forming a cascade of support and a local uptrend. If the price closes above 200.27, it will be able to move into a distribution phase. Resistance levels: 200.27, 200.75 Support levels: 200.06, 199.65 Technically, the chart looks quite strong and aimed at continuing the uptrend. If the bulls can consolidate above the specified level of 200.0 - 200.27, then overall we will see a growth phase. Above the current levels, there is a free zone, and up to 208.0, there are practically no obstacles except for local levels that are not capable of reversing the trend... Best regards, R. Linda!
Long
by RLinda
5
GOLD → A s.triangle against the backdrop of a bullish trend... FX:XAUUSD is consolidating in anticipation of positive news from the Fed, namely a cut in interest rates. Against this backdrop, the dollar is falling, which only supports the price of gold... Gold is trading in a sideways range around $3650 at the start of a week packed with central bank events. Despite the lack of a clear direction, the metal is finding support thanks to several factors. Key drivers: Weak economic data from China, anticipation of the Fed's decision: On Wednesday, the Fed will almost certainly cut rates by 25 basis points, but there is a chance of 50 basis points. This supports gold. The tone of Powell's comments will determine expectations for further cuts. Technically, gold remains stable ahead of key events. China's weak economy and the Fed's dovish policy limit the potential for decline. A break above $3650 is possible with dovish signals from the Fed or an escalation of trade risks. Resistance levels: 3646, 3657, 3675 Support levels: 3630, 3620, 3600 As part of the formation of a “symmetrical triangle” consolidation, I will consider a retest of the consolidation support with the possibility of further growth (distribution). Sincerely, R. Linda!
FX:XAUUSDLong
by RLinda
22
BITCOIN → Consolidation in anticipation of a bullish driver...BINANCE:BTCUSDT is testing the 117K area as part of an upward movement triggered by the end of the bearish correction. The price is moving into consolidation. Focus on the range boundaries... The market is awaiting the Fed's interest rate meeting. A rate cut could support the growth of the flagship, but before that, the market may form a manipulation in the form of a long squeeze. The market is forming consolidation after breaking the local correction against the backdrop of a global bullish trend. Focus on the boundaries of the range. Technically, I would highlight the support of local consolidation and the previously broken trend boundary as two key details that can be used in further trading: 114600, 113300. Behind this zone lies a pool of liquidity, and before a possible rise, the price may try to absorb it... Technically, we are seeing confirmation of a bullish market structure; all that remains is to wait for the appearance of a bullish driver and the market's readiness for growth. Support levels: 114600, 113300, 110700 Resistance levels: 11700, 117860 A false breakdown of support followed by a close above one of the specified zones could attract buyer interest, which in turn could trigger a price increase within the global bullish trend. Best regards, R. Linda!
Long
by RLinda
14
HBARUSDT → Correction before the rally...After strong growth from the 0.14 zone, BINANCE:HBARUSDT HBAR updated its maximum to 0.30 and entered a correction phase, testing the intermediate and strong support level of 0.2300. A false breakdown has formed, and price consolidation above the key zone could trigger another rally. HBAR currently has two key levels: 0.243 and 0.2337. The bulls are trying to keep the correction at the upper support level. However, there is a huge pool of liquidity hidden behind 0.2337, which could be tested (before growth resumes) if 0.243 fails to hold the price. Locally, the coin is breaking the structure of the downward correction (consolidation in a bull market) and is trying to consolidate above support (in the zone of interest). The end of the current correction phase may lead to a resumption of distribution. Support levels: 0.2432, 0.2337 Resistance levels: 0.2547, 0.26, 0.2763 The formation of a bullish structure relative to 0.2432 will confirm the presence of an interested, large buyer. This could trigger strong growth. Otherwise, I will wait for a retest of 0.2337, from where I will look for an opportunity to open long positions with the aim of medium-term growth. Best regards, R. Linda!
Long
by RLinda
4