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GOLD → Correction before a decline or continuation of the trend?FX:XAUUSD is testing the liquidity zone during the Asian session and forming a false breakout. The metal is recovering, but the fundamental background remains unstable... On Monday, gold is holding steady at around $3,300 amid a weaker dollar and caution among traders ahead of US-China talks and the release of US inflation data (CPI) on Wednesday. Strong NFP data for May strengthened the dollar and lowered expectations for a Fed rate cut. However, domestic problems in the US are putting pressure on the currency... Markets are adjusting positions ahead of CPI. Geopolitics and domestic unrest in the US are holding back gold's decline, despite possible optimism about a trade deal. Technically, the trend is bullish, with the price previously breaking the structure but rising in the Asian session after a false breakdown of the order block and the 3300 liquidity zone. Further movement depends on 3330 - 3340 Resistance levels: 33301, 3339, 3375 Support levels: 3301, 3275 The price is heading towards 3330-3340 for a retest. If the dollar continues to decline and gold manages to consolidate above 3340, the bullish trend may continue. BUT! A false breakout of the 3330-3340 zone could trigger a further decline after the bullish structure breaks down. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
11
GOLD → Correction to 3275FX:XAUUSD and medium-term outlook: Friday's strong unemployment data strengthened the dollar and triggered a sell-off in gold. Money is temporarily flowing out of the metal and into currencies and the stock market... Technically, gold is still in a bullish phase on the global timeframe. Logically, the situation is more reminiscent of a countertrend correction of the zone of interest before continuing growth. Despite the rise in the DXY after Friday's news, the dollar is still under pressure from Trump, who is pushing for an early interest rate cut. This move could significantly shake the market (dollar down, gold up) Locally, on the hourly XAUUSD timeframe, we can clearly see how the price is breaking out of the uptrend, thereby triggering a downward impulse. Resistance levels: 3325, 3343 Support levels: 3303, 3275 The liquidity level of 3300 could act as a magnet for the price, from which a correction to the resistance of the range of 3325 could form (liquidity hunt), but due to the change in the fundamental background, gold may continue its correction to 3275 (support zone) before a possible continuation of growth. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
15
BITCOIN → Correction. The hunt for liquidity...BINANCE:BTCUSDT.P is recovering after liquidity was captured in the 100K zone. Locally, the technical situation is controversial despite the global bullish trend Bitcoin is changing its market character (106700) and breaking the bullish structure (103000) during a correction phase. As part of the downward momentum, the movement is testing liquidity below the 100700 support level. As for the liquidation, there are several reasons: the conflict between Trump and Musk, strangely enough, the market reacted with a fall; the liquidation of whales, history repeats itself... Traders are buying back Bitcoin, but technically the market has a bearish structure. Locally, there is a bearish trend, and a countertrend correction, “liquidity hunting,” is forming. Ahead lies a fairly important zone of 105900-106700. The initial retest may end in a false breakout, as there may not be enough potential for continued growth (after a strong buyback). Resistance levels: 105,900, 106,720, 110,400 Support levels: 103000, 101400, 100K After a correction from 105900, which could target half (0.5) of the trading range, the market may attempt to return to a bullish phase, provided that the bulls keep the price from falling and do not allow it to update local lows. That is, in the short term, I expect a decline from 105900 to 103000, but further, if the price starts to return to 105500-105900, there may be chances for growth to 110K Best regards, R. Linda!
Long
by RLinda
37
USDCAD → One step away from distributionFX:USDCAD is recovering amid the dollar's growth. Unemployment news is ahead. A return of the price to the buying zone may support the currency pair. Against the backdrop of the dollar's growth, a change in the market phase is forming (unconfirmed). The price has stopped updating lows and is forming an eql, from which it is breaking out of the downtrend. The initial retest of liquidity at 1.366 may end in a correction. However, a quick retest and consolidation of the price above the level will confirm the change in sentiment Resistance levels: 1.3686, 1.3732 Support levels: 1.3675, 1.366 Despite the fact that the price broke the downward resistance, the currency pair is still under pressure from sellers who are waiting for the price to fall from 1.3686. A breakout, a change in market sentiment to bullish, and consolidation above 1.3675-1.3686 will confirm readiness for a recovery. Zones of interest: eqh 1.3732 Best regards, R. Linda!
Long
by RLinda
6
GOLD → Consolidation before a strong move...FX:XAUUSD is consolidating after a false breakout of resistance at 3365, awaiting economic data. The metal remains attractive to investors amid the economic crisis. Gold is supported by the weakening dollar amid increased trade risks. Today, US tariffs on steel and aluminum come into force, and Trump's ultimatum to trading partners expires. Investors are also awaiting news of a possible meeting between Trump and Xi Jinping amid new accusations against China. The focus is on key employment data (ADP) and the ISM services index, which could influence the dollar and expectations for the Fed's actions. Technically, the market may test the 3323 liquidity zone before continuing its growth. Resistance levels: 3365, 3391 Support levels: 3345, 3323, 3303 Overall, both the global and local trends are bullish, with the price forming a local correction after a false breakout of resistance. If the bulls hold their ground above 3323-3345 after retesting support, growth may continue in the short to medium term. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
7
AUDCHF → Hunting for liquidity. Fall from resistanceFX:AUDCHF is emerging from local consolidation and entering a distribution phase. Potentially, against the backdrop of a downtrend, the market may be interested in the liquidity zone at 0.5356 Globally, we have a strong downtrend and a countertrend correction that is facing pressure in the 0.545 zone. The decline is resuming, but at some point the market formed an EQH liquidity pool at 0.5356, which is most likely acting as a magnet pulling the price towards it... Based on the technical situation, we can conclude that if the price continues to form a distribution towards the target, the market is quite capable of stopping the price and returning to the downtrend phase. Resistance levels: 0.535, 0.5356 Support levels: 0.5327, 0.5314 Thus, a breakout of the resistance level of 0.5356 without the possibility of continuing growth and a return of the price below the resistance level with subsequent price consolidation in the sales zone (below 0.5356) may trigger a resumption of the downward trend. Best regards, R. Lind
Short
by RLinda
GOLD → Correction after distribution. Bullish trendFX:XAUUSD is testing the liquidity zone at 3350 and forming a false breakout of resistance within the uptrend. A correction is possible before growth continues. The fundamental background is quite controversial in the market. In the current situation, the focus is on relations between Russia and Ukraine, especially after the escalation that took place over the weekend. Everyone is watching the ongoing negotiations in Turkey. In addition, we should not forget about the situation with tariffs, which is still quite tense. Gold has been rallying since the opening of the session and has reached the order block. A false breakout of resistance is forming, which could trigger a correction to the zone of interest. The dollar is hitting support, which could form a local correction before continuing its movement. This could also affect the price of gold, which remains bullish in the market. Resistance levels: 3350, 3365, 3409 Support levels: 3303, 3264 The price has broken out of consolidation, with resistance tested and liquidity above 3350 realized. Relative to the current level, a correction is possible with the aim of retesting support before continuing to rise. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
12
EURUSD → False breakout of resistance. Correction?FX:EURUSD is strengthening amid a decline in the dollar, but the currency pair is encountering strong resistance and forming a false breakout, which could trigger a correction. EURUSD is testing the resistance range as part of a distribution and forming a false breakout. The market structure is bullish, with the price breaking through local resistance and updating its high. The inability to continue growth and price consolidation below 1.1418 may trigger a correction. The dollar is also hitting support and may form a small correction, which will put pressure on EURUSD Resistance levels: 1.14246, 1.1418 Support levels: 1.1384, 1.1343 If the currency pair fails to consolidate above 1.14246 during the resistance retest in order to continue its growth, then we can expect price consolidation below this level to open a short position. The correction may reach the specified support zones before continuing its growth. Best regards, R. Linda!
Short
by RLinda
6
BITCOIN → Correction or trend reversal? Why is 101K important?BINANCE:BTCUSDT.P is exiting the upward channel after a false breakout of the key resistance level of 110K (previous ATH). Liquidation? Quite an interesting situation with James Wynn. As they say, money loves silence, especially when it comes to a highly manipulated market... A week after the whale's actions, Trump decided to play the market again by creating emotional swings: he announced tariffs on the EU, canceled them, then made claims against China and is now ready to reintroduce tariffs on the EU. Things didn't end well with James... Liquidation before the rally? On the weekly timeframe, Bitcoin is making a false breakout of the key resistance level of 110K. The phase and nature of the market are changing, the price is falling, breaking the structural support of 106500. The main question is where the stop and recovery will be. And will there be one... After exiting consolidation and the upward channel, the price within the distribution is moving towards liquidity and the order block. I would not rush to say that this is a change in the global trend; the current data fits the “correction” format. Support levels: 102000, 101400 Resistance levels: 106700, 108800 102-100K is a fairly important zone for the market; a breakout in this area could open the way to a (local) bottom. Bulls may not be able to hold the market, in which case a global sell-off could form. Therefore, I believe that retesting the 102000 level will end with a liquidity grab and a correction along the trend, during which the price may test the 106K - 108K level, which will determine the future of the market: consolidation, growth, or decline... Best regards, R. Linda!
Long
by RLinda
29
GOLD → Retest support before news...FX:XAUUSD is in a correction phase amid a rising dollar. The price is heading towards the liquidity zone, which may support gold. Markets are awaiting PCE data... Gold is back in the red: PCE inflation and tariff news will decide everything. On Friday morning, gold fell, retreating from its recent rebound from weekly lows of around $3245. The price is under pressure from the strengthening US dollar, which was supported by court rulings on Trump's tariffs, but the situation around tariffs remains tense on all sides... The focus is on PCE inflation data. A weaker result could weaken the dollar and support gold. Traders remain cautious in anticipation of volatility. Support levels: 3282, 3270, 3260 Resistance levels: 3325 A retest of 3282-3270 could end in a false breakdown, but only if the fundamental backdrop is against the dollar, which would only support the price of gold. The price is most likely to be stopped by trend support, but no one can rule out the fundamental factor of surprise... As a target, during a bullish impulse, it is worth considering intermediate highs... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
8
AUDCAD → Support retest. False breakdown?FX:AUDCAD is within the range. The price is heading towards support within the local distribution. There may not be enough potential for a breakdown of support... Against the backdrop of the strengthening Canadian dollar, the currency pair is ready to test consolidation support. The price has no clear trend, consolidation is forming in the range of 0.891 - 0.885. The price is heading towards support, there is no pre-breakout base, the level is quite strong and the distribution may end with a false breakdown and a rebound... Support levels: 0.8858 Resistance levels: 0.8878, 0.8897 Below the level of 0.8858, there is a fairly large liquidity reserve, and there is no global trend, which means a neutral situation. Retesting the support zone after a sharp decline may end in a false maneuver and growth. Best regards, R. Linda!
Long
by RLinda
4
EURO - Price can make movement up and then drop to $1.1100 levelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price declined inside a falling channel, where it fell to $1.0735 points and then made an upward impulse. Price exited from channel and reached $1.1100 level, which it soon broke it and continued to move up. Later Euro rose to $1.1425 points, and then made a correction, after which, in a short time, price rose higher this level. After this movement, price turned around and started to decline, breaking $1.1425 level again and entered to flat. In flat, Euro bounced from $1.1100 level and started to grow inside a flat, and later rose to resistance level. Recently price started to decline, so I expect that Euro can rise a little and then continue to decline to $1.1100 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by WalterMoon
2
Bitcoin is correcting to support. Possible growth to 110.000Bitcoin failed to hold above 110000, but at the same time the price is forming a flat. The support has not been tested yet (the cascade of orders below the level has not been touched) and within the uptrend the area of 106700 plays an important role. Based on bitcoin is inside the flat you can consider trading between its boundaries. Scenario: Within the current movement, the price is likely to form a retest of the 106700 support with the aim of liquidation and accumulation inside the flat. False break of support may attract buyers and in this case bitcoin may test 110000 again.
Long
by AndeWave
8
EURJPY → False breakout of resistance. Reversal?FX:EURJPY is testing the resistance of the trading range as part of a distribution movement, but the situation ends with a false breakout and price consolidation within the flat. Against the backdrop of the falling dollar, the Japanese yen is strengthening and thus exerting a corresponding influence on the currency pair. EURJPY is forming a false breakout of resistance within a distribution movement formed after a retest the support of the flat. The price returns to the channel. After a false breakout of resistance and a return of the price below a strong key level, a base is forming in the form of support at 163.2 (trigger). Resistance levels: 163.4, 163.6 Support levels: 163.2, 162.7 A breakdown of the 163.2 trigger and price consolidation below the key level could intensify the sell-off, triggering a further decline. Best regards, R. Linda!
Short
by RLinda
11
GOLD → Correction before possible growthFX:XAUUSD entered a liquidation phase (rally) within the trading range at the opening of the session. The dollar's rise is to blame. The focus is on supporting consolidation... Investors remain interested in gold as a safe haven asset amid geopolitical risks and declining demand for US assets. The key drivers remain news about tax reform in the US, trade negotiations, and upcoming macro data. Gold is consolidating, but since the opening of the session, the price has been heading towards support. Against the backdrop of an upward trend, a trigger for bearish liquidity is likely to form before growth. Against the backdrop of the dollar's growth, gold is entering a correction phase. At the moment, all attention is on support and the liquidity zone of 3265. A false breakdown will trigger a price buyback. Resistance levels: 3322 Support levels: 3282, 3265 Since the price is still within the range and a countertrend correction is forming in the market, in our case, it is worth considering an intraband trading strategy. A false breakdown of support could trigger growth to intermediate resistance or to the upper border of the channel. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
27
BITCOIN → False breakout of 110K. Negative background???BINANCE:BTCUSDT.P hit a new all-time high of almost 112K on the back of improved economic and fundamental data, but the party didn't last long before Trump's next speech... Yesterday, Trump spoke and announced new tariffs on the EU. The markets reacted quite aggressively to this news. Despite the fact that the market has practically bought back all the losses, the question itself remains open. The introduction of 50% tariffs on Europe will increase the risk background, which could trigger a fall in both the stock market and cryptocurrencies. In this case, money will flow into gold (a safe asset)... Technically, Bitcoin is forming a false breakout of the global resistance level of 110K (previous ATH). The price is reacting and forming a bearish momentum (coinciding with the change in the fundamental background). The area between 109.8 and 110.3 is a resistance and liquidity zone relative to the previous ATH. If the bears hold the resistance, Bitcoin may get stuck inside the 110K - 106.8K (105K) range. Resistance levels: 109.8K, 110.3K, 112K Support levels: 106.8K, 105K Accordingly, if the 110K resistance holds amid the correction, consolidation below the resistance will confirm the formation of a false breakout, and in this case, Bitcoin may move to the 110K (112K) - 105K (102K) range. However, situations change daily, and if Bitcoin does break through 110K and manages to consolidate above its previous ATH, this will be a signal for growth... Best regards, R. Linda!
Short
by RLinda
19
NZDUSD - growth ended with a false breakout NZDUSD makes a false breakout of resistance after strong growth in the Asian session. The dollar is correcting a bit before the news at this time, which may give a chance for the currency pair to correct Scenario: Strong growth of 2.3% is tempered by a false breakout. The price is not ready to continue rising. Consolidation of the price below 0.60200 may intensify the sell-off and trigger a correction to the support at 0.5969 (0.5)
Short
by AndeWave
23
Bitcoin : Impulse up or Flat Trap!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! BTC has staged a solid move off the May 25 low — but the context matters. We’re facing two distinct, high-stakes scenarios here: one bullish, one bearish. What happens next hinges on whether the May 25 rally is the start of a new impulse or the final leg (C wave) of an expanded flat off the all-time high. Structure Breakdown Bearish View: We’re completing a textbook expanded flat from the ATH: A wave started May 23 B wave pushed to a lower low. C wave began May 25 and is likely wrapping up now If valid, this sets the stage for a powerful Wave 3 down. Bullish View: The May 25 low marked the end of a corrective phase: Rally from that low is an impulsive Wave 1 A pullback to the 108k golden zone would represent Wave 2 Wave 3/C up could follow from that base What to Watch The area around 108,000–107,100 is a magnet. If price retraces into this zone with a corrective look and holds, bulls could be in control. But if we roll over hard from here, it supports the expanded flat thesis — and a much deeper move likely follows. Outlook This is a moment for sharpen focus. The chart structure is clean, but the outcome isn't binary until we see what kind of retrace (if any) forms. Watch 108k like a hawk. If bulls defend it, there’s room to talk new highs. If we break impulsively from here, expect acceleration lower — fast. Trade safe, trade smart, trade clarity.
COINBASE:BTCUSDShort
by CryptoKnee
1
GOLD → Consolidation. Retest of support before growthFX:XAUUSD is strengthening due to a complex fundamental backdrop. A false break of support at 3285 allows the price to update its local high to 3365. Gold fell moderately from a high of $3365 amid weak activity due to holidays in the US, despite the weak dollar. Investors are taking profits ahead of US inflation data. Pressure is also linked to hopes for a trade agreement between the US and Japan. However, the decline in prices is limited — geopolitical tensions, US budget problems, and instability in the Middle East are keeping demand for gold as a safe-haven asset. Support levels: 3321, 3308, 3300 Resistance levels: 3363 Technically, gold is making a false breakout of consolidation resistance and is entering a correction phase, during which the price may test liquidity below 3320-3303 before continuing to rise. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
10
USDCHF → Retest support with the aim of breaking throughFX:USDCHF is also losing ground amid the dollar's decline. The price is testing the support of the range, a break of which could open the way to 0.811 USDCHF is consolidating, but at the same time, a local downward channel is forming. The currency pair is retesting support within the current downward movement. A pre-breakdown consolidation is forming relative to 0.819. The fall of the dollar is having a corresponding effect on the price. Before continuing its decline, the currency pair may form a retest of 0.5 Fibonacci or close the FVG Resistance levels: 0.825, 0.8275 Support levels: 0.819, 0.8117 The downward structure will break down when the price leaves the downward channel. However, at the moment, while the price is consolidating at the bottom of the trading range, I expect a breakdown of support in the short term, followed by a continued decline to 0.811 - 0.805 Best regards, R. Linda!
Short
by RLinda
4
NZDUSD → A retest of resistance may end in a false breakout.FX:NZDUSD bounces off the upward support line and forms a distribution towards the liquidity zone located above 0.597... Strong resistance lies ahead at 0.5969 - 0.5975 (liquidity pool). If the current movement continues (distribution), the market will exhaust all its potential and the situation may end in a false breakout. There is no trend as such in the market, the price is inside the flat, and thus bearish pressure may resist the upward price movement. Resistance levels: 0.5969, 0.5974 Support levels: 0.5932, 0.5917 Against the backdrop of a falling dollar, the currency pair is likely to continue its growth and may test 0.5969 in the short term, but based on the nature of the movement, we can assume that a downward correction will follow. Best regards, R. Linda!
Short
by RLinda
6
NZDJPY → Pre-breakdown consolidation. Readiness for a declineFX:NZDJPY is under pressure from a global downtrend. Locally, a flat (range) and pre-breakdown consolidation relative to support are forming on the chart... After a false breakdown of support on May 16, the price failed to reverse and grow. Instead, the currency pair entered a consolidation phase, during which it continues to test support. Each subsequent retest of 85.25-85.30 only increases the chances of a breakout with the aim of continuing the decline. Another important nuance is the elimination (short squeeze) of local resistance at 85.95. Pressure on the price is also being exerted by the falling dollar index, which is strengthening the Japanese yen, which is generally reflected in the price of NZDJPY... Support levels: 85.300, 85.25, 84.195 Resistance levels: 85.7, 85.95 The continuation of the current consolidation and the compression of the price towards support only increases the chances of a breakdown of the 85.30 support level. A break and consolidation of the price below 85.25 could trigger a further decline. Best regards, R. Linda!
Short
by RLinda
4
EURO - Price may make a movement up and then dropHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few days ago price traded between $1.0870 level inside a flat, where it after fell to bottom part and made an upward impulse. Price exited from flat, breaking $1.0870 level too, and then made a correction, after which continued to grow. Later, Euro reached $1.1425 level, breaking recently $1.1155 level recently, and soon price broke $1.1425 level too. Next, price started to traded inside pennant, where it dropped from resistance line to support line, breaking $1.1425 level again. Euro fell to support line, after which started to grow and in a short time, rose to resistance line. Now, I think that Euro may make a movement up and then start to decline to $1.1235 support line of pennant. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by WalterMoon
7