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Support and Resistance

GOLD Last move down Next Target after this Breakout?Gold edged higher on Tuesday ahead of key U.S. inflation data, which is expected to provide clearer insight into the Federal Reserve’s future interest rate decisions. Market participants are watching closely for any signals that could influence the dollar and yields, thereby impacting gold prices. Technical Outlook: Gold has entered a potential buy zone, showing signs of bullish support Price recently retested the 3353 level, forming a long squeeze setup and now aiming to challenge the resistance at 3373. A successful breakout above 3373 could open the path toward the 3400 and 3432 long-term targets. On the downside, a retest of the key 3345 level is also possible. This zone between 3345 – 3353 is seen as strong support, and as long as bulls defend it, upward momentum remains likely. PS: Support with like and comments for more batter insights to share with you.
FX:XAUUSDLong
by MrMartin_11
17
GOLD → Consolidation ahead of CPI. Chances for growth?FX:XAUUSD Gold is consolidating amid a correction in the dollar ahead of important news. Consumer price index data is due later today. The market is stagnant and will not move prematurely. On Tuesday, gold rose slightly amid profit-taking ahead of the US CPI release. Investors are waiting for a signal from inflation: weaker data could strengthen bets on a Fed rate cut and support gold, while strong inflation would strengthen the dollar and put pressure on the metal. The situation is exacerbated by Trump's new tariff threats and his criticism of the Fed chair. Let me remind you of Trump's pressure on regulators regarding inflation and interest rate cuts. Technically, gold is trading above the previously broken “symmetrical triangle” consolidation. Bulls are trying to hold their ground above 3340-3350. Focus on the current range of 3340-3373 Resistance levels: 3373, 3394 Support levels: 3350, 3340 Favorable news for gold could boost interest in the metal, which would generally lead to growth. However, there is a factor of unpredictability, and against this backdrop, gold may test support at 3350-3340. If the bulls manage to keep the price above this zone, we may see growth in the medium term. Otherwise, the price may drop to 3310-3280. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
9
Buy XAUUSD?Date: July 15, 2025 Pair: XAUUSD (Gold Spot) Timeframe: 4H Direction: Long Entry: ~3,360 Stop Loss: ~3,327 (below sell-side liquidity) Take Profit: ~3,492 RR Ratio: ~1:4 ⸻ 🔍 Market Context • Price had been trending downward and then consolidated for several sessions. • A sell-side liquidity sweep occurred just below 3,327 — taking out stops beneath local lows. • Strong bullish reaction followed, forming a clean bullish order block and reclaiming structure. ⸻ 🎯 Trade Rationale • Sell-side liquidity taken → market structure shift → bullish BOS (break of structure). • Bullish order block formed with clear mitigation. • Small black-box consolidation likely a retest zone for low-risk entry. • Targeting inefficiency toward 3,492, with a clean range above. ⸻ 🧠 Trade Management Plan • Move stop to breakeven at 3,375 once price clears local resistance. • Consider partial TP at 3,420–3,450 to lock profit. • Trail remainder to higher lows or use fib-based trailing stop. ⸻ 😐 Emotional State Before Trade Calm and focused. Recognized a textbook SMC entry — no rush or FOMO. ⸻ ✅ Post-Trade Reflection (To Fill Later) • ❓ Did price react to the zone as expected? • ❓ Was entry execution precise (limit vs market)? • ❓ Any slippage or management improvements? • ❓ Was I patient enough?
OANDA:XAUUSDLong
by NoFaceNoCase2020
1
BONK | Time for a PullbackBONK is showing signs of exhaustion after its recent breakout above the descending trendline. The price has reached a key resistance zone around 0.00002854, which aligns with previous highs from earlier in the year. Key Technical Signals: RSI approaching overbought levels near 80 Price struggling at major resistance confluence Volume appears to be declining on recent advances Long-term descending trendline now acting as potential support Pullback Scenario: The most likely correction target would be the green support zone around 0.00002000-0.00002100, which represents: Previous resistance turned support 50% retracement level Confluence with broken trendline Risk Considerations: Crypto markets can remain overbought longer than expected Strong momentum could push price to next resistance at 0.00003986 A break below 0.00001717 would invalidate the bullish structure The setup favors a healthy pullback before any continuation higher, making this an ideal zone to wait for better entry opportunities.
Short
by taika808
USNAS100 Outlook – CPI Data to Confirm Breakout or PullbackUSNAS100 – Bullish Momentum Holds Ahead of CPI USNAS100 continues to show strong bullish momentum, trading above 22,905 and recently printing a new all-time high (ATH). As long as price remains above this level, the next upside target is 23,170, followed by 23,300. Market Focus – CPI Data Today: • Expected: 2.6% • Below 2.6% → bullish reaction likely • Above 2.6% → bearish pressure expected • Exactly 2.6% → could trigger a short-term bearish pullback Key Risk Level: A confirmed break below 22,905 would signal weakness and open the door for a correction toward 22,615.
OANDA:NAS100USDShort
by SroshMayi
$MARA Hits the Weekly PivotNASDAQ:MARA path has been grinding higher clearing the High Volume Node (HVN) resistance where it is sat as support. The weekly pivot rejected price perfectly so far but if the count is correct and Bitcoin doesn't dump I expect this continue strongly towards the descending orange line resistance as my partial take profit target. Once that line is broken i am looking at terminal bull market targets of $80 but will of course take profit at key areas along the way. Wave 2 swung below the descending support and recovered at 0.5 Fibonacci retracement potentially kicking off wave 3. Safe trading
NASDAQ:MARA
by Maddox_Metrics
DeGRAM | GBPUSD broke down the channel📊 Technical Analysis ● Cable’s bounce stalled at the channel base (≈1.3500); price is now carving a bear flag beneath that rail and the prior wedge-break line, signalling failure to regain trend support. ● A 4 h close under 1.3415 confirms channel loss, opening the mid-May pivot 1.3271; flag top at 1.3470 caps risk while lower-high sequence stays intact. 💡 Fundamental Analysis ● Friday’s firm US consumer-sentiment and Fed Gov. Waller’s “no urgency to cut” comments nudged 2-yr yields back toward 4.80 %, reviving dollar demand. ● UK June payrolls contracted for a third month and wage growth cooled, boosting August BoE-cut odds and weighing on sterling. ✨ Summary Sell 1.3460-1.3490; sustained trade below 1.3415 targets 1.3271. Short view void on a 4 h close above 1.3470. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Short
by DeGRAM
2
$HBAR Weekly Pivot Time...In classic CRYPTOCAP:HBAR fashion what a powerful move this week! Moves like this leave me skeptical of continuation straight away as you often get a pretty decent pullback afterwards before the next leg up. However how many times have you seen a move like this that completely unwinds weeks later and goes lower? Wave (3) looks truly underway after wave (2) tested the High Volume Node and 'Golden Pocket' 0.50.618 Fibonacci retracement as support on weekly bullish divergence from the RSI. The weekly pivot is now resistance and it already proving itself. If price continues the all time high is next resistance and price has a weekly R5 pivot target of $1.2 while the Fibonacci extension targets have a minimum of $5.2.. Analysis is invalidated below $0.12 Safe trading
COINBASE:HBARUSD
by Maddox_Metrics
4
$FET Does Zooming out look better?NYSE:FET has been underperforming lately and the local chart looks trash so I wanted to zoom out to give us all some context on the larger picture which hasn't really changed. Price appears to have completed wave II at the High Volume Node (HVN) support and 0.5- 0.618 'Golden Pocket' Fibonacci retracement and wave 3 is underway but finding local resistance. Pivots are warped due to the strength of the move last year so wouldn't count them as reliable so focusing on support and resistance. The megaphone pattern is clear and the next area of resistance when FET starts moving is the $1.2 Weekly RSI is decreasing and is attempting to cross bearishly. If Bitcoin has a significant pullback I would expect new lows for FET at this rate. I have a neutral stance at this point. Analysis is invalidated below $0.546 Safe trading
COINBASE:FETUSD
by Maddox_Metrics
$ETH Pullback to $2630 Support?CRYPTOCAP:ETH has a great week pushing through resistance and making new local highs after testing the daily 200EMA and daily pivot as support. Price is likely to retest the swing high and previous resistance as support around $2600-2700, also the .382 Fibonacci retracement. RSI is printing daily bearish divergence in overbought from the wave (3) top to current as it did at the wave (5) top seeing large rejection. The retest of $2600 would reset RSI. Price is ultimately set to test $3600 as the next resistance if the Elliot wave count is correct. Analysis is invalidated below $2050 Safe trading
COINBASE:ETHUSD
by Maddox_Metrics
Stellar (XLM) Rejected Hard—Brace for $0.25 Next?On the daily chart of XLM/USDT, price has made a steep, parabolic rise, pushing directly into a well-established resistance zone around $0.5155. This level has historically capped price moves, evident from several prior swing highs clustering near this area. The rally itself unfolded rapidly, without significant consolidation, leaving a series of untested supports in its wake. This combination—a near-vertical climb into resistance—often signals buyer exhaustion. Indeed, the rejection candle formed right at the $0.5155 ceiling, which strengthens the bearish argument. Below the current price action, there is a broad support zone between $0.3347 and $0.3504. This area previously acted as resistance earlier in the year and is likely to attract some buying interest if price pulls back decisively. Beneath it lie deeper supports around $0.2500, $0.2268, and $0.2000—levels that remain untested during this move up. While the chart does not display volume bars, the sheer steepness of the final leg suggests momentum was likely unsustainable. Often, such aggressive spikes without healthy consolidation result in a retracement of 30–50% or more. One critical factor to watch is whether price manages to reclaim and hold above $0.5155. Failure to do so implies that sellers remain in control, raising the probability of a broader pullback toward the mid-$0.30s or lower. ________________________________________ 📉 Why This Setup Leans Bearish This chart structure supports a bearish thesis because: • Price is reacting strongly to historical resistance. • The rally was parabolic, making it prone to sharp corrections. • There is no clear consolidation base above the breakout point. • Several untested support levels remain below current price, which the market may revisit. If this move is indeed an exhaustion spike, the next phase is typically a retest of the last major consolidation area around $0.3504–$0.3347. ________________________________________ 📊 Potential Bearish Trading Setup Here is a structured trading idea to consider: Short Entry Zone: • Retest of the $0.5155–$0.5200 resistance area. • Look for confirmation by way of bearish candlestick patterns (shooting star, bearish engulfing, or consecutive rejection wicks). Stop Loss: • Conservative stop above $0.6374 to allow for volatility. • Alternatively, a tighter stop just above $0.5200 if using smaller size. Targets: • First target: $0.3504 (major support). • Second target: $0.2500. • Third target: $0.2000–$0.2268 (deeper retracement zone).
Short
by SupertradeOfficial
3
$CLSK Trapped between Critical Resistance and Support?NASDAQ:CLSK Shot through the weekly 200EMA and hit the weekly pivot resistance and was rejected into the High Volume Node (HVN) just below. If the count is correct we should see price breakthrough in wave 3 after some consolidation and continue up after wave 2 tested the .618 Fibonacci retracement and HVN as support. Heavy resistance HVN coupled with the R1 pivot at $20.40 will prove another challenge to overcome. Ultimately, if the count is correct AND Bitcoin doesn't tank we can expect a challenge of the all time highs up at $60. I already closed partial take profit myself at the weekly pivot on a recent trade and will be looking to go long again to the those targets. Make sure to always be taking profits on the way as nobody has a Crystal ball! RSI is currently printing a bearish divergence on the weekly so we need to see that negated. Analysis is invalidated below $6. Safe trading
NASDAQ:CLSK
by Maddox_Metrics
$AAVE Macro outlook Grinding the PathCRYPTOCAP:AAVE continues to grind higher poking above the swing high which was rejected to test the weekly pivot and .382 Fibonacci retracement as support successfully. This was a shallow wave 2 so I am expecting a big thrust up in wave 3. However, the alternative count could suggest a wave is only completing now with wave 2 actually being wave (4) of 1, this would be the case if price falls back below $171. Weekly RSI is still bullish with plenty of room to rise ahead of it. It printed a weekly bullish divergence at the wave II low and major support high volume node. AAVE is definitely one too watch this cycle. Safe trading
COINBASE:AAVEUSD
by Maddox_Metrics
ETHEREUM → Correction to 2900 before growth BINANCE:ETHUSDT is entering a correction after a strong breakout of resistance. At the same time, Bitcoin is falling from 123K to 116K, triggering a pullback across the entire market... On D1, ETH is facing strong resistance and is not yet ready to break it (it lacks strength after the rally). The most likely scenario after a false breakout is a correction to support. But the main focus is on Bitcoin — will there be a correction or a reversal of the local trend? If the flagship continues its decline, the cryptocurrency market will humbly follow suit. ETH has a nearest zone of interest at 2913, where liquidity capture could attract buyers, but I do not rule out the possibility that the correction could go much deeper before further growth, for example to 2879-2827 (support on D1). Resistance levels: 2992, 3041 Support levels: 2913.7, 2879, 2827 Technically, consolidation against a bullish trend. Confirmed support area 2913 - 2879. As part of the correction, the market is interested in capturing liquidity. If, against the backdrop of the current correction, the bulls manage to hold their ground above the specified support, ETH may still surprise us with its growth :) Best regards, R. Linda!
Long
by RLinda
5
Silver Update (XAGUSD): Eyeing the Next Move After the $39 SurgeAs mentioned in my Friday analysis, Silver ( TRADENATION:EURUSD XAGUSD) was preparing for an important breakout — and indeed, the market delivered. The clean break through resistance triggered a strong acceleration, pushing the metal up to $39, pretty close to the psychological $40 level. Now, we’re seeing a healthy correction after this steep rise, and this could turn into a buying opportunity for the bulls. 📌 Key support zone: The ideal area to watch is between $37.20 and $37.50 — this is the sweet spot where bulls might step back in. But be aware: 👉 After strong breakouts, the broken resistance doesn’t always get retested — sometimes the price rebounds from higher levels. 🎯 Plan of Action: • Monitor price action under $38 • Watch for reaction patterns and structure shifts • Don’t force entries — let the market confirm Silver remains strong as long as the structure holds, and this pullback might just be the market catching its breath before another leg up. 🚀 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.
TRADENATION:XAGUSDLong
by Mihai_Iacob
4
Gold (XAU/USD) – Bullish Continuation SetupGold is moving within an ascending trendline, showing strong bullish momentum. Price is approaching a Bearish Order Block near 3,370, which may trigger a short-term pullback 📉. If price rejects from this zone and retests the trendline (around 3,355), it could offer a high-probability long setup for a continuation move toward 3,380+ 📈🚀. 🔍 Key Levels: Resistance: 3,368–3,370 (Bearish Order Block) Support: 3,355 (Trendline area) 💡 Trading Idea: Look for price action confirmation near the trendline for potential buys. Break above the order block could fuel further upside.
OANDA:XAUUSDLong
by Evelyn_Trading_Room
1
MarketBreakdown | GBPAUD, WTI CRUDE OIL, US30, US100 Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #GBPAUD daily time frame 🇬🇧🇦🇺 The market is trading within a wide horizontal parallel channel. The price is stuck on its support. Probabilities will be high that the market will start growing from that. Alternatively, its bearish breakout will provide a strong bearish signal. 2️⃣ #WTI CRUDE OIL daily time frame 🛢️ The price is now testing a significant rising trend line. It is a critical decision moment for the market. A bearish breakout of that may trigger a strong bearish continuation. Monitor intraday price action today. If you see a strong bullish pattern, it will provide a reliable confirmation to buy, 3️⃣ DOW JONES INDEX #US30 daily time frame The market started a correction movement in a bullish flag pattern. Your next signal to buy will be a breakout of its resistance and a daily candle close above that. 4️⃣ NASDAQ INDEX #US100 daily time frame The market is now breaking a resistance of a horizontal parallel channel. IF a today's daily candle closes above that, it will confirm a start of another bullish wave. The market will continue growing then. Do you agree with my market breakdown? ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
3
Eyes on 3335–3325: Next Bullish Launchpad！！！Today, gold hit 3375 several times and then fell back after encountering resistance. The lowest has reached 3341. Although the rising structure has not been completely destroyed, and the technical double bottom structure and the inverted head and shoulder structure support resonance effect still exist below, since gold fell below 3350, it has not even been able to stand above 3350 in the current rebound. The gold bull pattern has been weakened to a certain extent, and the market has begun to diverge in the long and short consciousness. Gold encountered resistance and fell back near 3375 three times, proving that the upper resistance is relatively strong. Gold must increase liquidity by retracement to store more energy for breakthrough, so the short-term correction of gold is actually within my expectations, which is why I advocate brave shorting of gold today! However, according to the current retracement range and the fact that gold has been unable to stabilize above 3350, I believe that gold has not fallen to the right level and there is still room for retracement below. So I think gold will continue to pull back to test the 3335-3325 area. If gold retests this area and does not fall below, we can boldly go long on gold in this area. Once gold rebounds after testing the 3335-3325 area, as liquidity increases, the market may form a strong bullish force to support gold to continue its rebound and continue to the 3380-3390 area, or even the 3400-3410 area.
OANDA:XAUUSDLong
by Trading_Steffen