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Fundamental Analysis

Ethereum's Road to $7500 – Strategic Entries & Profit Optimizati🔵 Entry Zone: My first position is placed at $2225.5, aligning with a strong support level, while a secondary entry at $1857.5 serves as an additional safeguard against unexpected market swings—lowering my average purchase price and protecting capital. 💰 Profit-Taking Strategy: For low-risk traders, securing a 40% profit from the first entry is a prudent move to lock in gains early. However, my long-term target remains ambitious. 🚀 Main Target: Based on valuation models and fundamental news, Ethereum’s upside potential points toward $7500. However, I personally plan to secure 90% of my holdings at $6000, ensuring strong profit realization while leaving room for further upside. This setup balances risk management, smart positioning, and strategic profit optimization. Let’s see how ETH’s trajectory unfolds! Entry1: 2225.5 Entry 2: 1857.5 If your second entry is successful, you are required to withdraw 50 to 70 percent of your capital to maintain your capital. I will definitely update this setup.
Long
by Masoism
GOLD FULL UPDATE – July 15, 2025 | Post-CPI TrapPost-CPI Flip Zone Battle Hello dear traders 💛 Today has been one of those heavy CPI days — full of volatility, sweeps, and doubt. But if we read it structurally and stop chasing candles, everything makes sense. Let’s break it all down step by step, clearly and human-like. Current Price: 3330 Bias: Short-term bearish, reactive bounce underway Focus Zone: 3319–3320 liquidity sweep + key decision structure unfolding 🔹 Macro Context: CPI came in slightly hot year-over-year (2.7% vs 2.6%) while monthly stayed in-line at 0.3%. That gave the dollar a short-lived boost, and gold reacted exactly how institutions love to play it — sweeping liquidity under 3320, then pausing. Not falling, not flying. Just... thinking. That reaction matters. Why? Because it shows us indecision. It tells us that gold isn’t ready to break down fully yet, and every aggressive move today was part of a calculated shakeout. 🔹 Daily Structure: Gold is still stuck below the premium supply zone of 3356–3380. Every attempt to rally there for the past few weeks has failed — including today. The discount demand area between 3280–3240 is still intact and untouched. So what does this mean? We are in a macro-range, and price is simply rotating between key structural edges. 🔹 H4 View: The rejection from CPI at 3355–3365 created a micro CHoCH, signaling the bullish leg is now broken. After the 3345 fail, price dropped to 3320 — but it hasn’t tapped the full H4 demand at 3310–3300. H4 EMAs are tilting down, showing pressure. This isn’t a breakout. It’s a correction inside a larger range. 🔸 Key H4 Supply Zones: 3345–3355: liquidity reaction during CPI 3365–3375: untested OB + remaining buy-side liquidity 🔸 Key H4 Demand Zones: 3310–3300: mitigation zone from the CHoCH 3282–3270: deep discount and bullish continuation zone if current fails Structure-wise: We are in a correction, not a clean uptrend. That’s why every bullish attempt fails unless confirmed. 🔹 H1 Real Structure This is where things got tricky today. Price formed a bullish BOS back on July 14, when we first pushed into 3370. That was the start of the bullish leg. But today, we revisited the origin of that BOS, right near 3320. This is a sensitive zone. If it holds → it’s still a retracement. If it breaks → we lose the bullish structure and shift full bearish. So far, price touched 3320, bounced weakly, but has not printed a bullish BOS again. 🔸 H1 Zones of Interest: Supply above: 3340–3345: micro reaction zone 3355–3365: CPI origin rejection 3370–3375: final inducement Demand below: 3310–3300: current flip test 3282–3270: if this breaks, bias flips bearish Right now, we are between zones. Price is undecided. RSI is oversold, yes — but that alone is never a reason to buy. We need structure. We need BOS. 🔻 So… What’s the Truth Right Now? ✅ If 3310–3300 holds and price builds BOS on M15 → a clean long opportunity develops ❌ If 3310 breaks, and we lose 3300, structure fully shifts and opens downside to 3280–3270 On the upside: Only look for rejections from 3355–3365 and 3370–3375 Anything inside 3325–3340 is noise. No structure, no clean RR. Final Thoughts: Today’s move was not random. It was a classic CPI trap: induce longs early, trap shorts late, and leave everyone confused in the middle. But we don’t trade confusion — we wait for structure to align with the zone. If M15 or H1 prints a BOS from demand, that’s your green light. If price collapses under 3300, flip your bias. The chart already told you it wants lower. No predictions. Just real reaction. — 📣 If you like clear and simple plans, please like, comment, and follow. Stay focused. Structure always wins. 📢 Disclosure: This analysis was created using TradingView charts through my Trade Nation broker integration. As part of Trade Nation’s partner program, I may receive compensation for educational content shared using their tools. — With clarity, GoldFxMinds
TRADENATION:XAUUSDShort
by GoldFxMinds
2
Crude oil extends fallsThe crude oil market has entered a fragile and uncertain phase, with prices retreating from recent highs. While WTI crude is still holding above the critical $65 mark on a closing basis, it was below this handle at the time of writing. So, the overall tone remains cautious, with a bearish tilt expected to persist in the near term. Technical Outlook: WTI Breaks Key Support The WTI crude chart shows a breakdown of a short-term bullish trend line, and lower lows. The price failed to reclaim the 200-day moving average and found strong resistance since. Currently, it is testing support around $65.00. A daily close below this level could trigger further bearish momentum, with the next support zones seen at $64, and then the next round handles below that. $60 per barrel could be reached if the macro backdrop doesn't improve. Geopolitical Factors: Trump’s Tariff Threats Dismissed Donald Trump’s threats of 100% tariffs on countries buying Russian oil sparked initial concern but were ultimately shrugged off by the market. Traders interpreted the 50-day delay in enforcement and Trump’s historical pattern of backing off such threats as signs that immediate supply disruptions were unlikely. OPEC+ Strategy: Supply Returning to the Market OPEC+ has announced a larger-than-expected production increase of 548,000 bpd for August, with another 550,000 bpd potentially coming in September. This roll-back of earlier voluntary cuts aims to recapture market share, especially as U.S. shale production slows. However, the added supply may cap price gains, particularly as demand is expected to ease after the peak U.S. driving season. By Fawad Razaqzada, Market Analyst with FOREX.com
FOREXCOM:USOIL
by FOREXcom
POST-CPI CAPTION (TRADINGVIEW)🧩 POST-CPI CAPTION (TRADINGVIEW) XAU/USD | 15min | Post-CPI Reaction Trade Headline CPI came in slightly hot (+2.7% YoY), but core softened (+0.2% MoM). Expecting USD strength → bearish gold. Watching $3,371–3,380 for a short entry on CHoCH + volume rejection. Targets $3,350 → $3,337. Soft retrace + clean structure flip may open longs back to $3,400, but only on clear demand reaction. #SMC #XAUUSD #CPI #LiquiditySweep #OrderFlow #SmartMoney
FOREXCOM:XAUUSD
by sam_trades_smc
Whales Impact on BTC and XRP MarketsKey Points: Whales drive market dynamics, focusing on BTC, ETH, XRP. Whales influence price movements and trader behavior. Institutional inflows increase, spotlighting large-cap assets. Whale activities have drawn attention due to their potential to alter market dynamics, indicating possible price shifts and investment strategies for traders. Recent Influences of Whale Activity on Cryptocurrency Markets Recent whale activity has driven interest in Bitcoin and XRP, as whales accumulate assets, influencing market trends. Abdullah “Abs” Nassif emphasized the strategic importance of holding, advising caution. "If you hold it and play the game like we do, you have a chance at freeing people around the world from the debt slavery system. I can promise you that." - Abdullah “Abs” Nassif, Host, Good Morning Crypto Financial markets are adapting, with noticeable movements in cryptocurrency prices due to whales' actions. Their accumulation signals rising confidence, especially in Bitcoin, which hit a new all-time high. BTC's surge influenced the broader market, encouraging capital flow into large-cap assets. These movements reflect potential shifts in trader strategies, highlighting the impact of significant investments. Insiders suggest regulatory developments may affect prices, yet whale activity implies potential long-term growth. Historical patterns highlight institutional investors' stability during volatile periods, underscoring the strategic value of holding as exhibited by these whales. Plan on bracing yourself for Monday most likely. That's when we'll really see the test as to whether crypto can maintain the momentum. OKX:BTCUSD BITFINEX:BTCUSD BITFINEX:BTCUSD OANDA:BTCUSD
BITSTAMP:BTCUSD
by Charlie_Senior_Analyst
ETH-technical structure, momentum, and confirmation🕐 Daily Chart Analysis Trend: Clear uptrend. Price is trading well above both the 9 EMA (gold) and 20 EMA (purple), with strong angle and separation. Price Action: ETH is pressing into multi-month highs with no major resistance between here and the $3,350–$3,500 range. Volume: Healthy increase in volume on bullish candles; recent bullish expansion looks organic, not low-volume driven. RSI: At 77.15 — yes, overbought, but in a trending market, this is confirmation, not a sell signal. You want RSI to stay elevated during impulsive legs. 📅 Weekly Chart Analysis Breakout Structure: This is the second full bullish candle after breaking out of a multi-month base ($2,800 range), following an accumulation period. 9 EMA Just Crossed Over 20 EMA: First time since early 2024 — bullish trend confirmation. Volume: Large expansion bar from May shows institutional interest; current bar remains strong and building. RSI: Pushing up to 62.75 — well below overbought, meaning there’s room to run. 🧭 Strategic Trade Plan (Swing Long) ✅ Bias: Long Targeting $3,300–$3,500 with trailing logic to extend if momentum continues. THIS IS NOT FINANCIAL ADVICE. Drinkin Smöökëē Whizkee. Edumacational Purpiz Only!
Long
by TheAlphaView
Market Trends from 2020 to 2025How Bitcoin, NASDAQ, Gold, and Silver Really Performed Since 2020 It’s been a wild few years in the markets. From early 2020 to mid-2025, investors have had to navigate uncertainty, changing interest rates, tech booms, and the rise of digital assets. Looking back, it’s clear that some assets took off while others just quietly held their ground. So, what happened if you had invested in Bitcoin, the NASDAQ, gold, or silver five years ago? Bitcoin (BTC): +1,297.87% No surprise here. Bitcoin absolutely stole the show. Despite all the ups and downs (and there were plenty), BTC ended up with nearly 1,300% gains. It had a huge surge in late 2020 and 2021, crashed hard, and then climbed even higher starting in 2023. This kind of return doesn’t come without risk. Bitcoin was by far the most volatile of the group. But for those who held on, the reward was massive. It also marked a big shift in how people think about money and investing. "Crypto is no longer just a fringe idea." NASDAQ: +175.26% Tech stocks had a strong run, too. The NASDAQ gained around 175%, driven by innovation, digital expansion, and eventually, the AI boom. While there were some bumps along the way (especially when interest rates went up), the general trend was up and to the right. Unlike Bitcoin, the NASDAQ was more predictable, less explosive. Gold: +127.39% Gold did what gold usually does. It held its value and slowly moved higher. Over five years, it returned about 127%, which is pretty solid for a “safe haven” asset. It didn’t grab headlines like crypto or tech stocks, but it stayed reliable through the chaos. Silver: +124.50% Silver had a similar story to gold, but with a bit more fluctuation. It benefited from both investor demand and industrial use, and it ended up with just over 124% in gains. Not bad for a metal that often gets overshadowed by its shinier cousin ;). What It All Means If you were in Bitcoin, you saw huge gains, but also had to stomach major volatility. Tech investors did well too, especially those who stayed in through the dips. Meanwhile, gold and silver offered steadier, more defensive returns. One big takeaway: the investment landscape is changing. Traditional assets still matter, but new ones like crypto are reshaping what portfolios can look like. In the end, it’s about balancing risk and reward! and figuring out what kind of investor you are.
OANDA:XAUUSD
by melikatrader94
12
EUR/USD - Daily Chart (Wedge Breakout) (16.07.2025) The EUR/USD Pair on the D1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Wedge Pattern. This suggests a shift in momentum towards the downside in the coming Days. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 1.0956 2nd Support – 1.0625 💡 Fundamental & Sentiment Context Euro under pressure amid renewed concerns over EU‑US trade friction . The USD is strengthening, supported by safe‑haven flows amid tariff uncertainties. 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KABHI_TA_TRADING
30
Dynemic Ltd: Bullish Setup UnfoldingDynemic Products Ltd (NSE: DYNPRO) is a well-established exporter and manufacturer of synthetic food-grade dyes, lake colors, and D&C colors, catering to global markets. As of July 16, 2025, the stock trades at ₹341 and has recently broken out of a prolonged consolidation zone, indicating renewed investor interest. From a fundamental perspective, the company’s financials show notable improvements: 🔸 Revenue (FY25): ₹214 crore, up 29% YoY 🔸 Net Profit (FY25): ₹15 crore, up 269% YoY 🔸 EPS (TTM): ₹3.65 🔸 P/E Ratio: ~23× – moderately valued 🔸 P/B Ratio: ~1.56× – near fair book value 🔸 ROE: ~7%, showing improving return to shareholders 🔸 ROCE: ~12.7%, indicating decent operational efficiency 🔸 Debt-to-Equity: ~0.43× – financially stable 🔸 Current Ratio: ~0.95× – slightly below ideal liquidity levels 🔸 Operating Cash Flow: ₹28 crore – healthy cash generation While the company has a stable balance sheet and growing profitability, investors should note that liquidity remains slightly tight, requiring careful monitoring of working capital and short-term obligations. Nonetheless, the financial turnaround and earnings consistency signal strength. On the technical front, the stock has shown strong bullish action after breaking above a multi-month resistance: 🔹 Breakout Zone Cleared: ₹325–₹330 (previous resistance) 🔹 Current Price: ₹341 🔹 Reversal Zone (Strong Support): ₹292 to ₹304 🔹 R1: ₹392 – short-term resistance 🔹 R2: ₹469 – medium-term target 🔹 R3: ₹615 – long-term upside if momentum sustains The breakout is confirmed with increased volume and a clear higher-high, higher-low structure, validating bullish sentiment. The price now rides above a rising trendline, suggesting trend continuation unless a breakdown occurs below ₹292. In summary, Dynemic Products Ltd currently offers a compelling techno-fundamental setup. The financials have improved significantly, valuations remain reasonable, and the technical breakout suggests potential for further upside. Investors can consider accumulating on dips above ₹304, while swing traders may target ₹392 and ₹469 in the short-to-medium term. A close watch on liquidity and cash flows is advised, but the stock presents a strong growth case in the specialty chemicals space. Disclaimer: lnkd.in
NSE:DYNPROLong
by ALICEBLUE
EURUSD Under Pressure as Macro Divergence WidensEURUSD is facing renewed downward pressure after rallying from 1.02 to 1.18 in a strong multi-month move. However, diverging inflation expectations between the EU and the U.S. are now weighing heavily on the pair. One major signal comes from real yields. The Germany–U.S. 10-year real yield spread currently sits at -1.1182, the same level seen during the 2024 top near 1.11 and the 2023 top near 1.10. By that measure, EURUSD appears expensive. Over the past five years, 69% of EURUSD’s moves can be statistically explained by this real yield spread, making it a key macro indicator. Inflation expectations are also diverging. The U.S. 5y5y inflation swap is trending upward, while the EU’s equivalent has remained flat. This suggests the Fed may keep rates elevated for longer than initially expected. Beyond bond market dynamics, the August 1 tariff deadline is approaching with no deal in sight. In fact, tensions are rising, as the EU prepares possible countermeasures targeting $84 billion worth of U.S. goods. Adding to the pressure, political risk in France is building due to ongoing budget negotiations. Technically, the recent break of both the uptrend (yellow) and the downtrend channel was significant. Euro bulls now need to reclaim and hold above 1.1660 to avoid deeper losses. If they fail, 1.1445 could become the next key support level, with further downside possible depending on how the news develops.
Short
by ftdsystem
GOLD: A Short-Term Trading Setup - High RiskGOLD: A Short-Term Trading Setup - High Risk Since July 9, GOLD has been in an uptrend, rising to 3375 as its current high. The market focus is solely on the Fed’s interest rate cut and when it might happen. Today we have the US CPI data in about 30 minutes. The market expects the CPI to be 2.7% vs. 2.4%. The market is expecting a bullish data, which increases the odds that the Fed will not cut rates anytime soon and should reduce the odds of an interest rate cut at the July meeting. From a technical perspective, the price is already facing a strong zone and the chances of a decline are high. However, this trade carries a higher than normal risk, as we can never know how the market may interpret inflation data and its impact on future interest rate cuts. You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading day
FX:XAUUSDShort
by KlejdiCuni
12
ETH to $4K ? Whales Accumulate as ETFs Break Records🕞 Timeframe: 4H . 🟢 Bias: Bullish 1. 🧭 Fundamental Overview: 📈 Massive Institutional Inflows: Ethereum ETFs have recorded over $1.2 billion in net inflows this July, with $908M just in the week ending July 11. This strong demand from institutional players (notably through ETHA and Bitwise) has pushed ETF AUM above $13.5 billion. 🏢 Corporate Accumulation: Companies such as SharpLink Gaming have begun adding ETH to their balance sheets. SharpLink's 10,000 ETH (~$49M) purchase highlights growing corporate adoption of Ethereum as a store of value and strategic reserve. 🛠️ Ecosystem Resilience: Ethereum continues to lead in network upgrades (e.g., Dencun), institutional DeFi, and tokenized assets—strengthening the long-term fundamentals of the chain. 2. 🧠 Sentiment & On‑Chain Metrics 🏦 Institutional Sentiment: Ethereum ETFs have seen 12 straight weeks of inflows, outperforming Bitcoin in institutional allocation growth (ETH: 1.6%, BTC: 0.8%). 🐋 Whale Activity & Exchange Flows: Declining ETH balances on exchanges suggest accumulation and reduced sell pressure. Whales and smart money are taking positions. 📊 Public Sentiment: Bullish expectations remain strong amid price consolidation above key levels and positive ETF momentum. 3. 🔼 Key Levels: Support: $2,770 and $2,500 (major trendline and psychological level). 4.🎯 Price Targets: Short‑term (2–4 weeks): If ETH breaks above $3,150: next targets at $3,400 and $3,750. Medium‑term (by end of Q3 2025): ETH could reach $3,500 with potential upside to $4,000. . . . ⚠️ Disclaimer: This analysis is for educational purposes and not financial advice. Please do your own research and risk management. . ✅ If you like this analysis, don't forget to like 👍, follow 🧠, and share your thoughts below 💬!
Long
by Apollo_Capital
USDJPY Hits Rising Channel Ceiling: Will Bears Take Control?Hey Traders, USDJPY has just tapped the top of its ascending channel around the 148.70 resistance- an area that has historically triggered bearish reactions. With signs of rejection and waning bullish momentum, we’re now at a potential inflection point for short-term downside retracement. Current Market Conditions: Price has reached and slightly wicked above the upper boundary of a rising channel. Strong resistance zone between 148.70 – 148.79 aligns with prior swing highs. Early signs of bearish rejection can be seen on the latest candle close. Short-term structure suggests the potential for a pullback toward 147.48 or lower if sellers gain traction. Fundamental Analysis/Outlook: Recent USD strength has been driven by sticky U.S. inflation and hawkish Fed commentary, but JPY fundamentals are catching attention. BoJ is under pressure to shift policy due to rising wage growth and inflation spillover effects. If upcoming Japanese data supports tightening or USD weakens on risk-off sentiment, we could see a meaningful retracement in USDJPY. Targets: TP1: 147.486 TP2: 146.120 TP3: 144.841 Risk Management: Stop-loss: Above 148.80 (channel breakout confirmation) Maintain a minimum 1:2 R:R. Trail stops if structure breaks lower (e.g., loss of 147.48 support). Technical Outlook: USDJPY has respected the channel boundaries since May. Unless price breaks and closes above 148.79 with strong volume and momentum, the more likely scenario is a pullback. Watch for a bearish engulfing or lower-timeframe double top confirmation to trigger entries. Conclusion: We’re seeing a potential top at a well-respected channel ceiling. Unless bulls break and hold above 148.79, USDJPY could be set for a healthy retracement. Keep an eye on U.S. dollar strength and BoJ policy chatter in the coming days. Sign-off: “In markets, clarity often lies just beyond the fear. Trade the levels, not the noise.” 💬 Drop your thoughts in the comments, give this idea a boost, and follow for more actionable setups. Stay sharp out there!
Short
by SignalSage_Ben
Eli Lilly (LLY) – Full Technical + Fundamental Analysis (July 20 I wanted to take a deeper dive into LLY and analyze more than just trendlines—looking into both the technical structure and the broader fundamentals of the stock. Sources: i have a list of sources at the end of my report Technical Breakdown: Current Price: ~$771.75 Resistance Zone: $950–970 prior rejection levels Support Zone: Strong: $760–765 (multiple historical rejections and rebounds). Secondary: $717 (previous bounce area). Trendline: Steadily rising higher-lows, supporting price above $760. RSI: Recently cooled from 79 (overbought) to ~51 (neutral), suggesting balanced conditions. No immediate overbought or oversold signals. Chart Pattern Summary: Price respects a higher-low ascending trendline. Buyers defend $760, but $800+ remains heavy resistance. Breakdown below $760 risks a drop to ~$717. Breakout above $800 opens upside toward $950–970. Growth Catalysts: 1. Zepbound & Mounjaro dominate the obesity/diabetes sector. 2. Retatrutide & Orforglipron (next-gen obesity treatments) could further expand market share by 2026. 3. Revenue growth: ~45% YoY in Q4 2024. 4. Analysts forecast ~15% annual revenue growth and 20%+ EPS CAGR through 2027. Risks: 1. Q1 2025 saw adjusted EPS guidance trimmed to ~$20.78–22.28 from previous ~$22.50–24, causing ~7% drop in stock . 2. Valuation rich: forward P/E ~35 vs peers like Novo at ~14 3. 025 EPS estimates have slightly fallen (from $22.20 to $21.94) while 2026 expectations rose. 4. New rival Hengrui/Kailera shows ~18–19% weight loss, close to Zepbound’s ~21%, though still pre-approval 5. Regulatory volatility: Trump has floated heavy pharma tariffs (up to 200%) and repatriation incentives; Lilly has U.S. capacity but details remain uncertain Analyst Sentiment: Consensus target: $1,000+ within 12–24 months. MarketBeat & StockAnalysis rate LLY as Strong Buy. Institutional ownership remains high. What to Monitor Next 1. FDA approvals for orforglipron or retatrutide (expected late 2025). 2. Next earnings—watch for forward guidance recovery. 3. Policy shifts (potential tariffs on pharma imports). 4. Obesity drug competition (Novo Nordisk, Chinese biosimilars). Final Position: Modest Long Bias Eli Lilly is technically holding trendline support while fundamentally leading in a booming therapeutic sector. Together, this makes LLY a long-term buy, though caution near $760 is warranted. I tried to summaries as short as possible as i didn't want to make this post into an essay Please note this is not financial advice Sources Used for Analysis: 1. Eli Lilly Company Filings & Reports 2. Latest Earnings Reports (Q1 2025, prior Q4 2024) 3. Pipeline Updates and FDA Submission News 4. MarketBeat (Analyst ratings & price targets) 5. Yahoo Finance (EPS estimates, revenue growth forecasts) 6. StockAnalysis.com (Valuation ratios, dividend data) 7. Bloomberg and CNBC (News on guidance revisions) 8. Federal Reserve statements and forecasts 9. Bureau of Labor Statistics (BLS) – healthcare inflation data 10. WSJ and Financial Times – reporting on pharma tariffs and global healthcare policy shifts 11. Industry and Sector Insights 12. Novo Nordisk Investor Updates – competitor tracking 13. Statista – Obesity/diabetes global prevalence reports 14. World Health Organization (WHO) reports 15. Standard RSI and trendline patterns (based on TradingView style) 16. Support/resistance zones derived from historical price action Market Sentiment Tools 17. CNN Fear & Greed Index 18. S&P 500 Health Care Sector ETF (XLV) trends
NYSE:LLYLong
by Kristjan_Maximus
1
Treat intraday fluctuations as long first and short later!Gold started to rebound near 3322 at the opening. Our long positions near 3324 are also in floating profit. We first focus on the short-term suppression of 3340-3345 on the upper side. The support below is at 3325-3320. We operate in this range. Technically, it needs to rebound and repair the demand when it falls back to 3320, so we can find opportunities to go long to grasp the profit space of the rebound. 4-hour cycle analysis: The strong dividing line of long positions below is at the 3320 first-line mark, and the short-term support focuses on the 3325-3320 range. The overall bullish rhythm of pulling back to lows and going long is maintained. Short-term pressure focuses on around 3340-3345. The overall main tone of participating in the high-altitude and low-multiple cycles remains unchanged relying on this range. Gold operation strategy: Go long on gold when it falls back to around 3325-3320, target 3335-3340, and continue to hold if it breaks through.
OANDA:XAUUSDLong
by Trade-Daniel