Gold LongGold is likely to go long, supported by technicals as well as fundamental data. Powell's speech and today's ADP non farm employment data support the global uptrend of gold. Technically, it needs to breakout 3347 and close above it. That will trigger the upward momentum targeting 3390-3400 zone.
I do not rule out a decline to the bottom of the range (which confluences with 0.236 fib) before further upward momentum. What do you guys think?
Fibonacci
Bitcoin: 170k–180k?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bitcoin: 170k to 180k?
Let’s talk bias.
We’ve seen a powerful move off the 75k low, and it’s hitting some markers of a potential wave 1 impulse. If that structure holds and price doesn’t come back to wipe out the lows in a wave 2 retracement, then this is what we’d be looking at.
The idea? This is a conservative roadmap built off Elliott Wave Fibonacci projections and it targets the 170k to 180k zone.
Now, let’s be clear. This is a conservative projection. We’re not talking hopium fueled 250k moon targets here. We have no proof of that yet. We're anchoring the wave count and saying: if this is a 1, we’re due a 2, and then a 3 takes us to the upper levels.
But there’s a catch. Always is.
If price starts to fade back through the 91.8k area in a deep aggressive retrace, this roadmap gets less likely. Breaking the 75k pivot means the impulse structure failed or was misread, and we shift the count.
Until then, the 170k–180k level is a possible destination based on this roadmap.
Trade Safe!
Trade Clarity!
This is exactly how I like it!This is textbook range trading. A break below the range by the same size aligns with the 0.5 Fibonacci level of the entire underlying correction, followed by a bounce back into the range. The next step is to take the 0.5 Fibonacci level of the range itself. If that level is broken, the next target is the upper band of the range. Should that also be breached, we are then aiming for Fibonacci level 2 — or the moon.
Quick BB updates - Minor MovementAs we've observed, it appears we're currently in a Minor Cycle at the end of the 4th wave, aligning closely with the Fibonacci target for this wave.
The last financial quarter delivered strong results, and I genuinely like the direction the company is heading. In my view, this could represent the most significant core business shift in the past 30 years.
As always, please do your own research before investing, this is not financial advice.
Have a blessed week!
GBPJPY Wave Analysis – 2 July 2025- GBPJPY reversed from resistance zone
- Likely to fall to support level 193.85
GBPJPY currency pair recently reversed down from the resistance zone between the strong resistance level 199.000 (which has been reversing the price from last October) and the upper weekly Bollinger Band.
The downward reversal from this resistance zone stopped the C-wave of the previous ABC correction (2) from April.
Given the strength of the resistance level 199.000 and the overbought weekly Stochastic GBPJPY currency pair can be expected to fall to the next support level 193.85.
EURGBP Wave Analysis – 2 July 2025- EURGBP broke resistance zone
- Likely to rise to resistance level 0.8700
EURGBP currency pair recently broke the resistance zone between the resistance level 0.8570 (which stopped the previous impulse wave i at the end of June) and the 61.8% Fibonacci correction of the downward impulse (B) from April.
The breakout of this resistance zone accelerated the active minor impulse wave 3 of the intermediate impulse wave (C) from May.
EURGBP currency pair can be expected to rise to the next resistance level 0.8700 (which is intersecting with the daily up channel from May).
AFTER - XAU/USD - Jul 1,2025 DoneCongratulations guys 200 pips profits
✅ XAU/USD Trade Recap – Jul 1,2025
Bias: Short (Sell Position)
🔹 Entry Price: Around $3,348
🔻 Stop-Loss: $3,371
🎯 Take-Profit Target: $3,327 (✅ Hit – 200 pips)
📉 Result: First target partially reached – trade closed with +200 pips in profit.
Price rejected the resistance area and moved downward, allowing for a clean exit before reaching TP1 and TP2. Conservative profit-taking secured gains without risking reversal.
💡 Summary:
Smart and disciplined execution. The market respected the setup, and you locked in profits safely at 200 pips before any retracement.
Congratulations everyone all targets done__ June-30,2025
CONGRATULATIONS EVERYONE
✅ XAU/USD Trade Recap – June 30, 2025
Bias: Long (Buy Position)
Result: ✅ Take-Profit Hit
📌 Entry Zone: Around $3,363 – $3,370
🎯 Target 1 (TP1): Hit at $3,302 (273 pips)
🎯 Target 2 (TP2): Hit at $3,308 (336 pips)
🛑 Stop-Loss (SL): $3,259 (Not triggered)
📈 Outcome:
The price moved strongly in favor of the long trade after entry, reaching both profit targets successfully.
The setup was executed with high precision, and the bullish momentum carried price past TP2, confirming the trade idea.
BTC: Price to 134,500$ , FVG, Fib 0.5 and 0.618 ratio ?Price to 134,500$:
Bitcoin is now moving in a triangle pattern, which is getting smaller. The price is around $107,758. Here is possible move is a breakout to the downside first, where the price may drop to fill the "Fair Value Gap" area, which is marked in purple. This area is between the Fibonacci levels of 0.5 and 0.618. After that, Bitcoin could go up again and reach the price of $134,000.
Trade Ideas:
I marked 2 areas with arrow let the price reach here and wait for confirmation in both areas. Specially in Fair Value Gap area.
Trade Signal:
I will provide both trade signal here so follow my account and you can check my previous analysis regarding BITCOIN. So don't miss trade opportunity so follow must.
BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P CRYPTO:BTCUSD BYBIT:BTCUSDT.P BINANCE:BTCUSD
inj swing trade setupInj has broken downside, expecting more downfall before any leg up, wait for the entries to be filled, these are swing trades based on 1 day TF, so here wick doesn't matter wait for the closing, you can hold them without SL if entry achieved, take 1st entry on mentioned points 2nd entry below SL, and then wait for the closing, IF any entry achieved and candle closed above the short then wait for the pullback and close on entry points if long entry achieved then hold the trade 2nd entry take from previous wick low and wait for the tp this leg down will be the final shakeout before any major move. That's why giving you some short entries. BTC will take a final leg down sooner or later, then Boom your alt season starts.
QQQ: Scaling Recursive PatternsSo far the closest recursive pattern that can mimic current growth would be shape of expansion after covid crash. In both cases the fall was sharp that caused it grow in distinctive way, so we can grab the cycle of the pattern. To keep it simple for this structure, crossing curve would be first sign that price breaks out of regular rhythm and might dive sooner. Added other related patterns:
NQ Power Range Report with FIB Ext - 7/2/2025 SessionCME_MINI:NQU2025
- PR High: 22723.00
- PR Low: 22683.00
- NZ Spread: 89.5
Key scheduled economic events:
08:15 | ADP Nonfarm Employment Change
10:30 | Crude Oil Inventories
Session Open Stats (As of 12:25 AM 7/2)
- Session Open ATR: 328.85
- Volume: 20K
- Open Int: 265K
- Trend Grade: Neutral
- From BA ATH: -0.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 23239
- Mid: 21525
- Short: 20383
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Sol searching, for an entry. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
The Elliottician’s Paradox: 12-12 or Zigzag? Bias Is the Key
Ever stare at a chart and ask, “Is that a 12-12 or a classic zigzag?” Yeah… welcome to the paradox we Elliotticians live in. Pattern recognition’s a blessing and a curse because context is everything, but confidence can get you wrecked.
This one’s got me on the edge.
What’s Happening Here
We’re currently watching a move that could be either:
- A corrective zigzag (5-3-5), or
- A 1-2, 1-2 setup, gearing up for a blastoff
That’s the core dilemma — two valid options, both technically legal. So what tips the scales? Bias.
The Line in the Sand: 152
Here’s what I’m watching for:
Key Level: 152
- That’s the bull/bear line for me.
- A strong impulsive reclaim above 152 flips the script. I’d reconsider the bearish view if price surges with intent.
- But if we return to 152 in a sluggish, corrective way? I’ll be eyeing continuation lower, aligned with a more traditional zigzag structure.
Elliott View
This is where the paradox plays out:
If we’re looking at a 1-2, 1-2 setup, expect:
- A powerful Wave 3 soon (should not be shy)
If it’s a Zigzag ABC:
- Then we should expect a corrective internal retracement and continuation to the down side, at minimum past the origin of the initial move.
The chart will speak loudest. But structure and strength of this next leg will confirm the story.
Final Thoughts
Trading isn’t about being right. It’s about managing scenarios — and this one’s a classic fork-in-the-road moment. I’ve got a plan for both directions.
152 is my trigger. Stay below it and fade the rally. Break above it impulsively, and I’ll flip my bias with it.
The Elliottician’s paradox isn’t a trap — it’s an invitation to stay sharp.
Your Turn
How are you reading this structure? Do you favor the zigzag or the 1-2 setup? Drop a comment and let me know.
Trade safe, trade clarity!
XRP/USD – Technical Analysis (1D)📊 XRP/USD – Technical Analysis (1D)
Current Price:
• Buy: 2.1554 USD
• Sell: 2.1553 USD
⸻
🧭 Trend & Structure
• Price is moving within a rising channel (orange lines).
• It’s currently trading closer to the lower trendline, suggesting potential support.
Resistance Levels (green lines):
• 2.3197
• 2.4404
• 2.5570
• 2.7300 (channel top)
Support Levels (red lines):
• 2.1467
• 2.0461
• 1.8772
• 1.7444 (key support)
⸻
📈 Indicators
RSI (Relative Strength Index)
• Hovering around the 50 level → neutral momentum.
• No strong divergence observed – RSI is moving with price.
Stochastic Oscillator
• %K has crossed %D upward → short-term bullish signal.
• Nearing the overbought zone (above 80) → a pullback could occur soon.
⸻
📌 Interpretation
• Price is testing the 2.15–2.16 zone, which has acted as both support and resistance in the past.
• A break above 2.32 could open the door toward 2.44 and 2.55 USD.
• A drop below 2.04 USD could lead to retesting 1.87 or even 1.74 USD.
• Overall trend: neutral to bullish, supported by the rising channel.
🎯 Trading Ideas
• Long Entry: Break and close above 2.32 USD with volume → targets: 2.44 / 2.55
• Short Entry: Breakdown below 2.04 USD → targets: 1.87 / 1.74
Algorand ALGO price analysis#Algo price is being held back from a deep dive, as far as it is appropriate to say that about altcoins right now.
The price decline on reduced volumes is similar to the previous two times on the OKX:ALGOUSDT chart.
🙂 A risky purchase from $0.15, if they hold the price there, it will be very cool.
📈 And if not, then “buckets” for buying in the $0.10-0.11 range, if you believe in the prospects of the #Algorand project
👊 And keep your fingers crossed, because there is a hypothetical chance that the price of #ALGO will rise to the $1.35-1.41 range by the end of this year, but everyone will have to be very lucky)
____________________
Did you like our analysis? Leave a comment, like, and follow to get more
The Big Beautiful RXTWith the bill passing and TA indicators popping up. I see these long term channels starting to break and the entire price action start to flip to the other side.
Watch the break and retest, especially if we see a spike in volume soon.
Really hard to lose long term with this one.
Gold Rebound Underway – Support Zone Holds Strong! - Short termGold( OANDA:XAUUSD ), as I anticipated in the previous idea , has attacked the Support zone($3,281-$3,243) and Support lines .
From an Elliott Wave theory perspective , it appears that Gold has completed 5 sub-waves of the main wave C .
Also, we can see the Regular Divergence(RD+) between Consecutive Valleys.
I expect Gold to rise to at least $3,307 in the coming hours.
Second Target: $3,321
Note: Stop Loss (SL) = $3,240
Gold Analyze (XAUUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
AUDCHF: Bullish Flag from PRZ — Rally to 0.54444?AUDCHF ( OANDA:AUDCHF ) bounced from the Potential Reversal Zone (PRZ) , which aligns with the Yearly Support(1) and the 50% Fibonacci level of the previous bullish impulse.
From a Classic Technical Analysis perspective , AUDCHF appears to be breaking out of a Bullish Flag Pattern , which may suggest the continuation of the previous uptrend .
This bullish reaction also confirms the importance of the Support zone(0.51166 CHF-0.49773 CHF) , where buyers stepped in aggressively.
In terms of Elliott Wave theory , it seems that AUDCHF has completed the bearish waves and we should wait for the bullish waves .
I expect AUDCHF to continue rising after a successful breakout from the flag’s upper boundary . If momentum sustains, the target could be around 0.54444 CHF .
Note: Stop Loss (SL) = 0.51972 CHF
Australian Dollar/ Swiss Franc Analyze (4-hour time frame).
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EURUSD – A Potentially Busy Day Ahead For TradersThis morning, EURUSD recorded a near 4 year high at 1.1807, the beneficiary of improving risk sentiment, uncertainty about the ECB’s next interest rate move, and concerns about what President Trump’s tax cut bill, that is progressing through the Senate currently, could mean for the sustainability of the US debt burden moving forward.
Now, with the FX quarter end rebalancing completed yesterday, it is possible to look forward to the upcoming scheduled events for today that could influence where EURUSD moves next.
First up, at 1000 BST this morning, traders receive the latest preliminary inflation (HICP) update for the Eurozone. The outcome of this release could provide further insight into whether the current market expectation for one more ECB rate cut in 2025 is possible, or if they may be on hold for the foreseeable future.
Next up, starting at 1430 BST is a panel discussion attended by ECB President Lagarde, Fed Chairman Powell, BoE Governor Bailey and BoJ Governor Ueda at the ECB’s Central Bank Forum in Portugal. The topic, “adapting to change: macroeconomic shifts and policy responses”. The comments of these central bank heads on inflation, interest rates, tariffs and economic growth could be important for the direction of all the major G7 FX pairs.
Then, at 1500 BST the ISM Manufacturing PMI survey is due for release. While US manufacturing activity is still expected to languish in contraction territory, below 50, traders will be focused on whether there has been any improvement in the headline print, and what the prices paid component could indicate for the direction of US inflation across the remainder of 2025.
These events, when taken with real time updates from President Trump and members of this administration on his tax bill, trade deals and flexibility of the July 9th tariff deadline, sets today up as a potentially volatile period for EURUSD trading.
Technical Update: Assessing the Recent Trend
From a technical perspective, a positive pattern of higher highs and higher lows remains in the EURUSD price and as the chart below shows, Tuesday has seen another new recovery high posted at 1.1807.
While much will continue to depend on market sentiment and price trends, it might be argued that the posting of this new price high for the current upside move, suggests a further phase of strength is still possible.
However, what are the levels traders may now be watching to gauge where the next directional price risks might lay over coming sessions?
Potential Support Levels:
Since posting the June 19th session low at 1.1446, EURUSD has rallied by over 3.00% (1.1446 to 1.1807) and while this doesn’t mean price weakness is necessarily on the cards, traders might become concerned a price correction is due after such a strong advance.
As the chart above shows, the 38.2% Fibonacci retracement of latest price strength, currently stands at 1.1668. This can mark a potential first support focus, after the recent move higher.
Closing breaks under 1.1668, while not a guarantee of further price declines, may then lead to a deeper phase of weakness towards 1.1583, which is equal to the 61.8% retracement level.
Potential Resistance Levels:
As a result of latest strength, EURUSD has traded to levels last seen in mid-September 2021 and to gauge the next potential resistance levels, we switch to the longer term weekly chart shown below.
If further price strength still emerges from current levels, traders may now be focused on 1.1909, the August 2021 failure high, as the next possible resistance level.
The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.