Gold has surged to the 3200 psychological level, completing a strong bullish leg. However, the current price action shows signs of exhaustion, with RSI pushing into overbought territory and a potential rejection wick forming. Technical Confluence: • Price is stalling near 3200, a key resistance zone. • RSI > 70, signaling overbought conditions. • Price is extended from the 21-period SMA, increasing the likelihood of a short-term pullback. • Rejection candle formed on the 4H chart. Trade Setup: • Entry: ~3199 • Stop Loss: 3223 (above recent highs) • Take Profit: 3150 (prior structure and SMA re-test) • Risk/Reward Ratio: ~1.9R News Risk: CPI and key U.S. inflation data are due within the next 24 hours (noted on chart). If inflation comes in softer than expected, gold could drop sharply as rate cut expectations intensify. Be ready for high volatility. Bias: Short-term bearish, targeting a correction toward the 3150 support zone unless bulls break and hold above 3225.
EA should continue upward when london session starts. Price came into POI and should continue upward. Keep some space for SL as price can induce the POI then go up.
Anyone who knows me know I like to make simple charts that get to the point. Nothing fancy. Just lots of lines. Anyway, I did a ghost feed so you can get an idea of where I think we go from here. I seriously doubt we see any big changes until earnings. Unless China gets their heads out of the you know what, we will trade like this for a little while. I do feel there is hoppe. If NVIDIA has strong earnings , it could be enough push it to new highs. I would use caution. You will see by my chart we started off with an ascending wedge, moved right into a descending wedge and now I feel we will rinse and repeat. All the while ultimately creating new highs and new lows. Anywhere you see horizontal lines is where I see resistance. And yes, I do still think we could drop below 100 again, so get your buy fingers ready :) Not financial advice! Just an old trader's ideas. If we break above 130 before now and earnings, consider it could be a nice ride up!!
trend break followed by a market structure shift and entry into an fvg
Analysis done directly on the chart One step at a time, consistency, patience. Create a solid foundation if you want things to last longer. Shortcuts will not be useful long term. The sooner you realize it, the better it is. Not financial advice, DYOR. Market Flow Strategy Mister Y
? Gold Price Action Update – 15min Chart Gold (XAUUSD) shows strong bullish momentum with a clean breakout and retest pattern. Price tapped into the 3151–3158 demand zone (highlighted in green) and rallied to new highs before pulling back. Watch for possible bullish continuation or deeper retracement ahead. ?Key Zone: 3151–3158 ? Timeframe: 15-Minute ? Current Price: 3196.80 #XAUUSD #GoldTrading #PriceAction #SupplyAndDemand #ForexCharts #TechnicalAnalysis #SmartMoneyConcepts #ForexEducation #TraderLifestyle
1. This fractal follows the 2006-2007 cycle using US10Y (leading indicator). 2. The orange lines denote a peak in SPY. In this case, a second top in equities this cycle is expected in late Q4 2025, or early 2026 (latest). 3. The bottom in equities appear to be circa Q4 2026, or Q1 2027. Qualitatively, this could point to the house flipping blue. 4. Interestingly, this chart expects a short-term spike in US10Y before its eventual descent to just under 3% by 2027. We may have already seeing this spike in April 2025 ala tariffs. 5. Technical recession is pretty much already on its way. 2026 will not be kind. 6. AMEX:GLD and US Treasury Bonds ( NASDAQ:TLT AMEX:TMF ) will likely be fantastic safe havens. 7. BTC is tethered to SPY, so watch the cycle closely. Liquidate your alt portfolio by 2026. 8. DXY is expected to perform poorly with targets of 95, 85 and 75. 9. We want China to do well but avoid China like the plague.
Based on the current analysis of both fundamental and technical aspects, BTC is highly likely to have entered an upward channel, which is extremely similar to its trend on March 10th. This indicates that in the coming period of time, if there are no major changes in the market environment, the price of BTC is expected to continue its upward trend and move towards a higher price range. At the same time, investors also need to closely monitor various risk factors that may affect the market, such as changes in regulatory policies, fluctuations in the macroeconomic situation, etc., so as to reasonably adjust their investment strategies. BTCUSD buy@80000-80500 tp:83000-84000 I hope this strategy can be of help to you. Click on the link below to get detailed information.
BUY 0.58900 | STOP 0.58400 | TAKE 0.59600 | Upward movement from local support.
In early trading today, the euro advanced beyond the 1.3000 level against the US dollar — a threshold not seen since February 2022. This week, the EUR/USD exchange rate has surpassed the peak levels recorded in both 2023 and 2024. What’s Driving the EUR/USD Rally? Amid ongoing developments around the introduction and suspension of tariffs […]