This is now going into next bullish phase gold will continue its bullish formation set targets 2961.67 for upside once it reached we will see further movement
Just a simple low IQ comparison. Looking at the weekly circa May 2021 looks identical to what we're seeing today. Drew the same pattern in red and a bull case in case we still see a new high with the 4 year cycle, but it's looking bleak. We're getting close to completing another weekly cycle and should expect the new low within the next 2 candles. Question is, are we about to retrace 55% like May 2021, or continue the bull run into a new high later this year?
https://www.tradingview.com/x/IhNB3Yt1/ Hello,Traders! EUR-JPY keeps falling Down in a downtrend And the pair is locally Oversold so after it hits The horizontal support Level of 155.100 we will Be expecting a local Bullish rebound Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
The US100 (Nasdaq) remains bullish on the higher (Weekly/Daily) timeframes, but short-term (4H/2H) indicators suggest a correction or pullback. This creates a split bias: either the market finds support and resumes the uptrend, or it breaks key levels and continues lower. • Support Zones: • 21,580–21,400 (immediate short-term supports) • 21,200–21,000 (major daily support, 100 SMA area) • Weekly Support extends down to ~19,500–21,000 on deeper pullbacks • Resistance Zones: • 21,900–22,000 (key intraday resistance + pivot) • 22,200–22,300 (recent peak & bearish order block) Scenarios • Scenario A (Bullish Continuation) • Look for price to hold 21,580–21,400 support and reclaim ~21,700–21,800 on higher timeframes. • Aggressive traders may front-run a bounce near 21,580 (tight stops below 21,530). • Conservative traders might wait for a Daily close above ~21,900 with momentum (RSI >50, bullish MACD). • Invalidation: A daily close below ~21,000 could trigger further downside. • Scenario B (Bearish Reversal / Deeper Correction) • If price fails at 21,700–21,900 or breaks below 21,580 decisively, watch for a move to 21,400 or even 21,000. • Aggressive shorts may enter on a retest of 21,700–21,800 (broken support → resistance) or a clean break below 21,580. • More conservative bears might wait for a Daily close under 21,000–21,200 and a confirmed downtrend on momentum indicators. • Invalidation: A strong 4H close back above 21,900–22,000 would weaken the bearish case. Risk Management / Disclaimer Use stops, manage position sizes, and monitor macro news. This post is for educational purposes only—not financial advice.
"? Welcome to Golden Candle! ? We're a team of ? passionate traders ? who love sharing our ? technical analysis insights ? with the TradingView community. ? Our goal is to provide ? valuable perspectives ? on market trends and patterns, but ? please note that our analyses are not intended as buy or sell recommendations. ? Instead, they reflect our own ? personal attitudes and thoughts. ? Follow along and ? learn ? from our analyses! ??"
BINANCE:ETHBTC ETH/BTC is a great chart for indicating alt coin strength compared to BTC. I have a consolidation area in the lower purple area signifying the ring. As well as a red horizontal line showing the center of the ring (High Resistance/Support Structure). In the previous fight (The upper rectangular area) the bull was looking strong at the beginning of the round; but the Bear finished the fight with a nasty KO. Currently there is a rematch of the Bull and Bear and the Bull has the Bear cornered and his knees are looking weak. We will see how he reacts to the punishment. There might be a KO for the Bear at some point in this fight, but I do expect the Bull to recover to his feet. We will see how this fight plays out! I hope your watching and don't change that channel!
Nasdaq providing us with some great opportunities over the next few weeks. very nice sale going into next week. I am hoping for an even further drop towards the end of the month then potentially a buying up on the last few days into early next month. Could be promising.
RLC is showing strong bullish momentum, currently trading around $1.34, with a potential breakout on the horizon. A breakout above resistance with strong volume could lead to an explosive move! Keep an eye on price action and confirmation signals.
The international markets like ICMARKETS:STOXX50 and IG:HANGSENG are experiencing a positive momentum and 20-Day is above the 50-Day, 100-Day SMA and 200-Day SMA. This indicates a bullish momentum in European and Chinese stock market. In contrast Indian index NSE:NIFTY which was a favorite trade in 2023 and 2024 has been underperforming with all the SMA below the 200-Day SMA indicating a bearish pattern. In the chart we have plotted an upward sloping Fib retracement level with Covid Lows as the bottom and prior to Covid as the top. In this upward sloping FIB retracement levels, we see that the index has very much stayed within the upper and the lower bound of the upward sloe. The recent crash has also not violated the lower bound. But the NSE:NIFTY is 3.618 Fib Level which is exactly @ 22796. If index levels respect the FIB Channel then there is some more downside to the index left until it reaches 22000 at the bottom of the range. My opinion we should be long NSE:NIFTY @22000. What are your thoughts? Long NSE:NIFTY @ 22000 level.
"This chart displays my market analysis with a 5-minute interval using TradingView’s Charting Library. It’s a public view embed—only the configured chart is shown, without private account details.