Gold Update – The Reversal Is Still in PlayYesterday’s price action confirmed what we’ve been discussing in recent updates: the upside is vulnerable, and the real move could be lower.
Gold did push toward the 3400 zone, as expected — but that test was short-lived. Sellers stepped in aggressively, and price dropped back toward the 3350 support zone, closing the day with a bearish engulfing candle on the daily chart.
Will we have a new leg down?
That’s the big question now. While bulls are hoping for continuation, the current rebound is weak and seems to be shaping into a bear flag.
Why I Expect More Downside:
- Strong rejection from 3400 key level
- Daily chart printed a bearish engulfing
- Rebound structure looks corrective, not impulsive
Trading Plan:
I continue to look for selling opportunities on spikes, especially near resistance levels like 3375–3385.
If the 3340-3350 zone falls, I expect down acceleration and a drop even to 3200 zone.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
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Lingrid | EURCAD long OPPORTUNITY in Consolidation ZoneFX:EURCAD has formed a double bottom at the intersection of the support level and upward trendline after a steep correction from the 1.57201 high. The price is consolidating just above 1.56000, showing signs of reversal as it tries to reclaim the bullish structure. A confirmed breakout above minor resistance may open a path toward the 1.56760 level.
📈 Key Levels
Buy zone: 1.55800–1.56050
Buy trigger: close above 1.56200
Target: 1.56760
Sell trigger: drop below 1.55800
💡 Risks
Failure to hold above the upward trendline could invite bearish continuation
Extended rejection from the swap zone limits upward momentum
Lower highs forming may signal weakening bullish strength
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | NZDUSD Uptrend Trend Continuation Trade FX:NZDUSD is trending within a clean upward channel, recently bouncing off the trendline near 0.60164. After consolidating in a narrow range, the pair is showing signs of upward continuation toward the 0.60890 resistance zone. A retest of the trendline followed by a bullish reaction could confirm the breakout move.
📈 Key Levels
Buy zone: 0.60160–0.60220
Buy trigger: breakout above 0.60400 with momentum
Target: 0.60890
Sell trigger: breakdown below 0.60100
💡 Risks
False breakout above 0.60400 may trap buyers
Close below trendline invalidates bullish structure
Range-bound price action may delay breakout follow-through
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | BNBUSDT channel Consolidation Sets Stage for Next MoveBINANCE:BNBUSDT is pulling back toward the 647–650 support area after forming a higher high inside its upward channel. Price remains above the long-term trendline, and consolidation within this zone hints at potential accumulation. A confirmed bounce from this zone could send price toward the 715 resistance target.
📈 Key Levels
Buy zone: 647–652
Buy trigger: breakout above 668 with volume
Target: 715
Sell trigger: breakdown below 640
💡 Risks
Failure to hold the channel support may trigger a deeper correction
Sideways chop below trendline weakens bullish structure
Volume divergence could signal short-term buyer exhaustion
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | GBPUSD Range-Bound Action with Upside Bias Toward 1.36The price perfectly fulfilled my previous idea . FX:GBPUSD FX:GBPUSD formed a higher low at trendline support and recently broke above the descending trendline, signaling bullish intent. Price is now consolidating in a range just above the swap zone around 1.3500. If it holds this structure, a breakout could lift the pair toward the 1.3580 resistance area.
📈 Key Levels
Buy zone: 1.3490–1.3500
Buy trigger: breakout from range top
Target: 1.3580
Sell trigger: close below 1.3490
💡 Risks
Failure to hold above the breakout zone
Bearish pressure from resistance at 1.3580
Return to range could delay upside move
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | GOLD ABC Correction Complete, Next Resistance in FocusOANDA:XAUUSD continues to ride an upward channel, recently rebounding from trendline support after a flag breakout. The price tested resistance near 3430 before pulling back slightly, forming a potential bullish retest setup. If the 3337 support holds, a continuation toward the 3430 zone remains in play.
📈 Key Levels
Buy zone: 3330–3340
Buy trigger: bounce from channel support
Target: 3430
Sell trigger: close below 3330
💡 Risks
Break below channel invalidates bullish structure
Resistance at 3430 may cap upside
Weaker momentum could trigger another flag-style retracement
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Gold- Short-Term Bull, Medium-Term BearIn my previous analysis, I pointed out the possibility of Gold correcting back to retest the broken descending trendline.
That zone is now acting as a key confluence area, and as long as the price holds above it, bulls maintain the advantage.
However, beyond the technicals, I also shared my personal view: while we could see some upside in the short term (next few days), I believe that Gold is setting up for another leg down in the medium term.
From a strictly technical perspective, the current price action reinforces the likelihood of a short-term bounce. We're seeing a clean retest of previous resistance turned support, which often leads to continuation moves.
📉 But if you're aiming for 1,000+ pip swings (like me), it's wiser to wait for clear bearish confirmation. The real opportunity may come after this short-term rise, at least in my opinion.
In conclusion:
- Short term is bullish as long as it stays above 3340-3350 in terms of daily close
- In the medium term, my opinion is unchanged, drop to 3200
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Lingrid | PEPEUSDT Fake Breakout Correction Eyes 0.00014BINANCE:PEPEUSDT has rebounded from key horizontal support near 0.00001105 after a sharp pullback broke below the upward channel. Price is now consolidating just above the lower structure with signs of a bullish reversal pattern forming. A higher low around support could trigger a fresh move toward 0.00001395.
📈 Key Levels
Buy zone: 0.00001105–0.00001130
Buy trigger: bullish candle above 0.00001160
Target: 0.00001395
Sell trigger: daily close below 0.00001100
💡 Risks
Breakdown of 0.00001100 opens path toward 0.00001000
Consolidation below channel weakens bullish bias
Failure to reclaim upward trendline may delay breakout potential
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
UsdJpy could break 142 and fall 500 pipsSince early May, I’ve been highlighting the 142 support zone on USDJPY as a potential reversal area — with a suggested upside target at 146.
The market respected this level twice, reversing from 142 and rallying past 146 both times.
However, last week’s move into 146 was sharply rejected, forming a strong daily Pin Bar exactly at resistance — a classic sign of exhaustion.
Now, price is rolling back toward support, and after multiple tests of the 142 zone, we may be very close to a downside break.
🧩 Add to this the fact that DXY also looks ready to break lower, and the probability of a USDJPY fall increases even more.
📉 Trading Plan:
Sell rallies, with invalidation above 146, and a target at 137, aiming for a 1:2 risk-reward setup.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Lingrid | SOLUSDT channel Continuation Pattern Eyes Higher LevelThe price perfectly fulfilled my previous idea . BINANCE:SOLUSDT has declined from the double top structure (TOP1 & TOP2) and is now resting within a support box around the 152–160 zone, which coincides with the lower bound of the upward channel. The price action shows a potential bounce setup forming with a projected move toward 185 if bulls reclaim momentum. A successful rebound from the black trendline could trigger a new impulsive wave toward the upper resistance region.
📈 Key Levels
Buy zone: 150.00–160.00
Buy trigger: bounce from 152.00 trendline
Target: 185.00
Sell trigger: breakdown below 150.00
💡 Risks
Continued weakness could break the uptrend channel
Failure to close above 160.00 would weaken rebound prospects
Broader market downturn may override the setup
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
TECHNICAL APPROACH - USDCAD SHORT FORECAST Q2 W23 D23 Y25🔥👀USDCAD SHORT FORECAST Q2 W23 D23 Y25
TECHNICAL HOTPICK ! 💥💥
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
💡Here are some trade confluences📝
✅4H order block rejection
✅HTF 50 EMA
✅Intraday bearish breaks of structure to be identified
✅15’ order block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
XAUUSD – After the Surge, Is the Down Correction Really Over?🟡 What Happened Yesterday
Gold surged strongly yesterday due to escalating geopolitical tensions and a new chapter in the global tariff saga. From top to bottom, the range counted over 1200 pips, marking one of the most volatile sessions in recent weeks.
❓ Is the Down Correction Finished or Will It Continue?
Technically, the chart looks bullish at this moment. The descending trendline has been broken, and the 3350 horizontal zone is now forming a confluence support area.
However, I remain cautious.
Despite the bullish signal, this yo-yo price action could continue. The idea that Gold has not yet finished correcting the broader uptrend still persists in my mind and the 3200 level remains a strong candidate for retesting in the appropriate future.
📊 Why I Expect Further Down Correction
The recent spike might be reactionary, not structural
3340–3350 could provide short-term support, but it may not hold long-term
The overall macro structure still leaves room for another leg down
📉 Trading Plan
While the market holds 3340–3350 support, we might see a bounce toward 3400.
But I prefer to stay out for now and I would buy in that zone only with low volume and clear confirmation
If the 3340 zone fails, I’ll start watching for a new drop to 3280 zone and eventually 3200.
🚀 Wait for Confirmation In both cases, bullish or bearish
The key right now is confirmation. Volatility is high, and the narrative shifts fast.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Lingrid | GOLD Weekly MARKET Update: Price Coiled for Major Move OANDA:XAUUSD has formed an inside bar pattern on the monthly timeframe, creating a high-probability setup for the next major directional move. May's candle sits completely within April's range, with this compression typically preceding explosive moves in either direction. The 4H chart shows a complex corrective structure following multiple failed breakout attempts from the April high around. The recent bounce from support, which is May's low, suggests potential accumulation, though the overall structure remains corrective with descending highs.
Current price sits near the middle of the critical range. A break above May's high at 3,400 could trigger rapid acceleration toward 3,500-3,600, while breakdown below 3,120 would likely target major support around 3,000-3,050. Multiple fake breaks on shorter timeframes suggest accumulated stops on both sides, potentially fueling rapid acceleration once genuine breakout occurs. The A-B-C corrective pattern visible suggests the recent decline may be nearing completion.
The monthly inside bar pattern's resolution will likely determine gold's trajectory through the summer months. A bullish breakout could reignite the broader uptrend toward new highs, while a bearish resolution might trigger a deeper correction that tests major support levels. Either outcome would likely provide substantial trading opportunities for those positioned correctly when the pattern resolves.
The broader fundamental backdrop continues to support gold's long-term bullish case, though short-term technical factors may drive the immediate direction. Central bank policies, geopolitical tensions, and currency debasement concerns provide underlying support, while technical positioning suggests the market is primed for significant movement.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Will Gold drop to 3200 zone next week?🟡 1. What happened last week with Gold (XAUUSD)
Gold began last week by testing the 3350 resistance zone, hinting the end of the correction and the potential for an upside breakout.
However, in the following days, the market reversed aggressively, reaching as low as 3250 on Thursday — a drop of nearly 1000 pips from the local top and resistance zone.
After this sharp fall, Gold bounced back above 3300, retested the 3325–3330 area, but failed once again — closing the week below 3300.
❓ 2. Key question: Has the rebound ended or is it just a deeper trap?
The market has shown a fake-out followed by compression under resistance.
So the real question becomes: Will the 3280–3290 support finally give in, or will bulls defend it again?
________________________________________
🔻 3. Why I expect a continuation to the downside
Here’s what the chart structure tells us:
• Clear lower highs and lower lows — the trend remains bearish
• 3330 has turned into major confluence resistance
• Every bounce is sold, showing fading bullish momentum
• The support at 3280–3290 is being squeezed repeatedly
If 3280 breaks cleanly, price action will likely accelerate downward.
________________________________________
🧭 4. Trading Plan for Next Week
Focus remains on selling rallies, especially if price rises above 3300.
📉 Invalidation: any clean break and hold above 3330
🎯 Target Zones:
• 3250 = Soft target (first reaction zone)
• 3200 = Real target (bearish continuation zone if structure unfolds as expected)
Use structure, not emotion. Let the breakout confirm the plan.
________________________________________
🚀 5. Final thoughts
The price action around 3280 will likely set the tone for next week.
A breakdown here confirms the bearish structure and opens the door to 3250, then 3200.
Until then: sell rallies, manage risk, and wait for the chart to validate your edge.
Stay sharp. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Lingrid | EURUSD Bullish Trendline Breakout. Potential LongFX:EURUSD continues to build strength above the 1.13720 resistance-turned-support line, supported by the upward channel structure. The pair is squeezing between the ascending trendline and the descending blue trendline, with higher lows signaling steady bullish pressure. A confirmed breakout above 1.14400 would likely trigger a move toward the 1.15700 target level inside the resistance zone. Price action favors bulls while the channel base holds.
📈 Key Levels
Buy zone: 1.13720–1.14000
Buy trigger: breakout above 1.14400
Target: 1.15700
Sell trigger: close below 1.13720
💡 Risks
A rejection from the downward trendline could trap breakout buyers
Choppy behavior within the wedge may cause false signals
Broader dollar strength could cap gains if macro data shifts unexpectedly
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | BTCUSDT All-Time High Level Retest Long SetupBINANCE:BTCUSDT is holding above the $103,500 support area after a textbook pullback from the higher high at the resistance ceiling. The price is respecting the upward channel and bouncing near the lower boundary, suggesting renewed bullish intent. A reclaim of the $106,000 zone could trigger continuation toward $111,800 within the broader target area. Bulls remain in control while price sustains above the upward trendline.
📈 Key Levels
Buy zone: 103,000–104,000
Buy trigger: 106,000 reclaim with volume
Target: 111,800
Sell trigger: clean break below 103,000
💡 Risks
Weak bullish follow-through above 106k may signal exhaustion
A breakdown below the channel support flips bias to bearish
Macroeconomic volatility could disrupt the technical setup
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GBPUSD Holds Above 1.34 – Is 1.35 the Launch Pad?In last week’s GBPUSD outlook, I pointed to the 1.34 zone as a potential buy area and likely end of the correction.
The market reacted as expected, reversing from 1.34 and rallying to 1.35. Toward the end of the week, a brief correction followed — but price held above 1.34 and has now returned to 1.35, printing a higher low in the process.
📌 From both a technical and psychological standpoint, 1.35 remains a key level. A confirmed break above could lead to a retest of the recent high — or even push for a new high.
✅ My bias stays bullish as long as 1.34 support remains intact.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
DXY Under Pressure: Breakdown Incoming Below 99.00?After testing the 102 resistance zone in mid-May, the TVC:DXY resumed its downward move, dropping back into the 98.50–99.00 support zone.
The brief spike above the psychological 100 was quickly rejected, and price has since rolled over — currently trading around 99.27 at the time of posting.
🔻 The downside pressure is strong, and a break below support looks imminent.
If that break occurs:
🎯 Short-term target: 98 (approx. 1% drop)
📉 Medium-term potential: A deeper decline toward 95
Lingrid | DOGEUSDT Corrective Move Completed. Possible LongThe price perfectly fulfilled my last idea . BINANCE:DOGEUSDT just printed a higher low on the ascending channel support, bouncing off the 0.188–0.190 zone. The prior A-B-C pullback is fading, and early bullish signals are showing above 0.192. If buyers regain control, the price could target 0.215 resistance as momentum rebuilds. Structure remains bullish while above the trendline and support block.
📈 Key Levels
Buy zone: 0.187–0.190
Buy trigger: reclaim of 0.195 with bullish confirmation
Target: 0.215
Sell trigger: breakdown below 0.187
💡 Risks
A breakdown below the higher low invalidates the setup
Consolidation under 0.195 may delay breakout
A sharp BTC drop could weaken this bullish scenario
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Gold Update – Has the Downside Ended or Just Taking a Break?📉 What happened yesterday on Gold (XAUUSD)
I started the day under a good omen – 🎯 my 3250 target being hit perfectly.
However, what initially looked like a standard correction turned into a stronger bounce.
Gold broke back above my re-selling zone and even pushed above 3310, triggering my stop loss, and worth nothing that we are now back under 3300- I take it like a man and move forward:).
❓ Has Gold finished with the downside, or is this just a pause before another drop?
🔍 Reasons to expect more downside:
- Although Gold reversed strongly from the 3250 support, the confluence resistance around 3330 capped the move, and sellers stepped in, dragging the price back under 3300.
- The fact that price returned to support so quickly signals weak bullish momentum – buyers couldn’t sustain the rally.
- Gold failed to stabilize above the 3330 zone, which would’ve been a key bullish sign – instead, it got rejected.
- And here’s the part that doesn’t sit right – Gold came back to the 3290 zone too easily, as if the market wanted to offer a second chance to buyers who missed the initial bounce. That usually doesn’t end well.
🧭 Trading Plan
I’m currently out of the market after the stop loss hit, but my bearish bias remains unchanged.
Watching the 3280–3290 area closely – if we drop back below, I’ll look to re-enter short trades.
🚀 Final thought
Yesterday’s move reminded me who’s boss – the market . But unless bulls break key resistance and hold above, the bearish case still has more to say.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.