Support and Resistance
Precisely look at 3365 and pay attention to the pullback chanceAt present, gold has risen as expected and reached the highest level near 3368. The upper 3375-3385 constitutes a short-term resistance level. At present, the bullish momentum is still relatively strong, and the short-term support structure below has been formed. I still maintain the views of the previous transaction and wait for a second trading opportunity when it pulls back below. Although the 1H chart shows that the current trend remains strong and the retracement is small, it is necessary to remain cautious - even if the market is strong, it is not recommended to chase long easily, and the risk of a deep correction in the gold price must be guarded against. First, pay attention to the support area of 3345-3335 below. If it falls back to this level, you can consider going long with a light position.
OANDA:XAUUSD
Continue to try to find the top of the band to short goldGold maintained a slow and volatile rise structure during the day. The highest has reached 3348, and it is only a step away from 3350. Will gold continue its upward momentum as usual?
In fact, it was beyond my expectation that gold could break through 3345 in the short term. According to my original expectation, the intraday high of gold was almost around 3345. Although the rebound of gold exceeded expectations, it is currently located near the resistance of 3348-3350, so I will definitely not give priority to chasing gold at high levels in short-term transactions.
Moreover, gold is currently in the resistance area of 3348-3350. The volatility of gold has converged, and the upward momentum has declined. As gold continues to rebound and faces the key resistance area again, the bulls are relatively more cautious. In this context, this resistance area may act as a catalyst, and the bears will react, leading the decline in gold. However, as gold rebounds and the support below gradually stabilizes, we can appropriately reduce the expectation of gold's decline and adjust the decline target to the 3330-3320 area.
So for short-term trading, I will still short gold based on the resistance area, trying to find a swing top in the 3340-3350 area, and look at the target area of 3330-3320.
Gold Wave Analysis – 11 July 2025- Gold reversed from support zone
- Likely to rise to resistance levels 3400.00 and 3450.00
Gold recently reversed up from the support zone between the strong support level 3275.50 (which has been reversing the price from May), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse 1 from May.
The upward reversal from this support zone continues the active impulse wave 3 of the intermediate impulse wave (5) from May.
Given the clear daily uptrend, Gold can be expected to rise to the next resistance levels 3400.00 and 3450.00.
Ethereum Wave Analysis – 11 July 2025- Ethereum broke resistance zone
- Likely to rise to resistance level 3140.00
Ethereum cryptocurrency recently broke the resistance area lying at the intersection of the key resistance level 2885.00 (which has been reversing the price from February) and the resistance trendline of the daily up channel from June.
The breakout of this resistance zone accelerated the active impulse waves 3 and (3).
Given the predominantly bullish sentiment seen across the crypto markets, Ethereum cryptocurrency can be expected to rise to the next resistance level 3140.00 (former support from December and January).
Gold price rises as expected, is 3400 far behind?
💡Message Strategy
Trump announced on Friday that he would impose a 35% comprehensive tariff on Canadian imports, which will take effect on August 1, which caused a market shock. As Canada's largest trading partner, the United States accounts for 76% of Canada's exports in 2024. This move will undoubtedly have a profound impact on the global supply chain and trade pattern.
In addition, Trump's tariff policies on copper and Brazil have further exacerbated market uncertainty, pushing gold prices to break through key technical resistance levels and move towards the $3,400 mark.
The Fed's policy moves also have an important impact on market sentiment. The minutes of the June meeting released on Wednesday showed that the Fed's internal concerns about tariffs potentially pushing up inflation are growing. The minutes pointed out that "most participants emphasized that tariffs could have a more lasting impact on inflation."
Despite this, the Fed reiterated that it would remain on the sidelines and wait for further clarity on inflation and economic activity. At present, according to the market forecast of the CME FedWatch tool, the probability of a 25 basis point rate cut in September has risen to 62.9%, reflecting investors' expectations that the Fed may ease early.
📊Technical aspects
Yesterday’s strategic recommendations mentioned that the effective support level for gold was in the 3280-3285 range. Today, gold fell back to the 3280 level, stabilized, and began to rise, perfectly reaching the target.
From a technical perspective, gold has shown significant upward momentum this week. The daily chart shows that the price of gold has successfully broken through the symmetrical triangle resistance and touched the 20-day simple moving average (SMA) of $3,339.97.
This breakthrough marks a strengthening of the short-term technical pattern, showing that bulls have the upper hand. The relative strength index (RSI) has rebounded to around 55 on the daily chart and is trending upward, indicating that there is slight bullish momentum in the market.
However, in the short term, the upside of gold may be limited by the 23.6% Fibonacci retracement level ($3,370). If this level can be effectively broken, the psychological level of $3,400 and the June high of $3,452 will become the next target.
💰Strategy Package
Long Position:3335-3340,SL:3320,Target: 3370-3400
The idea remains unchanged, NY3360-3365 is emptyThe idea remains unchanged during the NY period. Although gold has currently reached a high of around 3348, it has not stabilized above it. If gold successfully breaks through 3350 in the short term, it may reach 3360 or 3365. In the 4H cycle, it presents a step-by-step upward pattern. The K-line is temporarily fluctuating sideways near the upper track. At the same time, 3345 has formed a double top pattern. Combined with Thursday's low of 3310, an inverted triangle oscillation range of 3345-3310 is formed in the short term. This week's trend needs to pay close attention to the breakthrough direction of this range. Short-term long positions can be taken after the trend is confirmed.
XAUUSD@3330-3320 long TP 3345-3365
OANDA:XAUUSD
Breaking through 3350, the bullish trend remains unchanged📰 News information:
1. Pay attention to the impact of Trump administration tariffs
📈 Technical Analysis:
Possible interest rate cuts and tariffs in the fall continue to stimulate risk aversion. Currently, the 3300-3285-3310 points form a head and shoulders bottom pattern. The bullish momentum is relatively strong in the short term. Our short trade near 41 has hit the stop loss. As I wrote before, gold may continue to rise to 3360 or 3365 after breaking through 3350. The current RSI indicator is seriously oversold, so be cautious when operating in a unilateral trend in the short term. The safe way is to wait for a pullback to 3345-3340 to go long
🎯 Trading Points:
BUY 3345-3340
TP 3360-3370-3400
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
TVC:GOLD FXOPEN:XAUUSD
Bulls rise, beware of Friday's black swan📰 News information:
1. Pay attention to the impact of Trump administration tariffs
📈 Technical Analysis:
Gold rose as expected and touched around 3344, which was in line with our judgment last night. However, from the market point of view, the K-line entity did not stand firmly above 3335. There are only two possible scenarios for the subsequent trend of gold. One is to stand directly above and test the 3345 resistance again, and the other is to fall in the European and American markets due to timeliness and retest the key support of 3310. At present, the upper positions are 3345 and 3365 respectively. If 3345 is repeatedly not broken and the European market falls with acceleration, then the 3310 area will still need to take back the long positions, which can be defined as a long wide-range wash. 3330-3320 is a very critical support position, and 3310 is a strong support. Therefore, the best position for shorting during the day is around 3335-3345, with the target at 3330-3320. Consider long positions after falling back and getting support here.
🎯 Trading Points:
SELL 3335-3345
TP 3330-3320
BUY 3330-3320
TP 3345-3365
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
OANDA:XAUUSD PEPPERSTONE:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD FXOPEN:XAUUSD TVC:GOLD
Try shorting once below 3355!The market closed at 3326 on Thursday and still failed to break through the small range of long and short positions. The overall market is in a strong bullish trend and this trend indicates the possibility of a breakout in the future. In this week's trading example, after confirming that the 3315 low support is effective, a short-term long operation was successfully carried out below the area and profited. The picture and truth can be checked in the article on Thursday. In the short term, continue to pay attention to the range shock and pay close attention to the breakthrough direction of key points. The first thing to pay attention to is the strong pressure of 3355. If it breaks through and stands firmly at this position, it will open up further upward space, and the potential target can be seen in the 3365 or even 3400 area. On the contrary, if the gold price is always under pressure below 3355, the market is likely to continue the current shock and consolidation rhythm. Therefore, breaking through the 3355 mark will be a key signal to judge whether the market can release significant upward momentum in the future. Before the effective breakthrough, continue to intervene in the low-long opportunity at the 3325-15 support level of the shock range. On the upper side, you can arrange short positions at 3345-3455.
Is the US dollar taking a breather against the Japanese yen?After the recent rebound of the US dollar following two quarters of decline, the USD/JPY pair has been on an upward trajectory, forming a series of higher highs on both the 4-hour and daily charts.
However, the recent drop below the 146.515 level and the formation of a new low suggests a potential shift in trend on the 4-hour timeframe from bullish to bearish. This could signal a possible pullback in the short to medium term, with the first short-term target located at the 146.084 level.
The bearish scenario would be invalidated if the price rises above 147.179 and a 4-hour candle closes above that level.
GBP/JPY – Channel Break and Bearish Rejection
🔹 3H Chart by PULSETRADESFX
After a strong bullish trend within a rising channel, GBP/JPY has now broken structure to the downside. Price rejected the resistance zone around 198.599 – 199.413, followed by a sharp bearish candle close beneath the ascending trendline support.
This signals a shift in market sentiment, with sellers taking control and aiming for the next demand level at 197.481.
📌 Trade Breakdown:
Entry: 198.536
Stop Loss: 199.413 (Above supply)
Target: 197.481 (Major demand zone)
A classic break-retest-drop setup is in play here. Unless price reclaims 199.00+ with volume, this short bias remains valid.
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✅ Key Confluences:
Rising channel break
Supply zone rejection
Bearish momentum confirmation
Risk-to-reward > 1:2 setup
📅 July 11, 2025
📊 Forex.com Feed via TradingView
#GBPJPY #ForexAnalysis #PriceAction #BearishSetup #SupplyZone #TechnicalAnalysis #TradingView #PULSETRADESFX
Silver Pushes HighsSilver broke out a month ago, and some traders may think the metal is ready to run.
The first pattern on today’s chart is last Friday’s last price of 36.93. It was the highest weekly close in 14 years, which may reflect buying pressure.
Second, XAGUSD has made higher lows while remaining trapped below resistance. That ascending triangle is a potentially bullish continuation pattern.
Third, the 8-day exponential moving average (EMA) has remained above the 21-day EMA. Such configurations can be consistent with positive short-term momentum.
Finally, Bollinger Band Width recently dropped to a four-year low. Will that tight price compression give way to expansion?
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ITS TIMEGME coiled on the 4hr RSI break 50 were launching from the POC area to 24.50 to next MA. Overall target after taking 26 is VAH around 27.58. The drop down was profit taking/ overextended /sell the news after all the hype leading into the btc purchase announcement they didn't disclose purchase price either from what I know. But btc is at ATH the 500M is now in decent profit and last quarter rev and earnings were good. Last time gme broke out was 17% on a overall stock market correction day, seems like thats going to be the case again for now im in the Aug 1 25 calls for .6 looking to close these in profit and roll to higher further out strike like the jan 26 35. cheers, here kitty kitty.
NFLX Bear Call Spread Near Max Profit – Watching 61.8% Fib Zone📉 I'm currently holding a Bear Call Spread 1300/1280 expiring on Jul 18. After multiple Breaks of Structure (BOS) and strong rejection from 1300, price is trending toward a key 1H demand zone near the 61.8% Fibonacci retracement (1242).
📊 Technical Context:
Bearish CHoCH + BOS confirms short-term trend reversal
Clear rejection from 1280–1300 supply
1242 = strong confluence: Fib + demand zone
🎯 Plan:
Hold the spread close to expiration for max profit
Close before earnings on Jul 17 to avoid volatility
If price shows strength at 1242, I may flip bias and look for a bull call spread post-earnings
🔔 TradingView Alerts:
1242: “Watch for bullish reaction at demand zone”
1278: “Rebound in progress – reassess post-earnings”
📌 This is a two-stage plan: secure gains on the short side, then prepare for potential upside.
➡️ Follow me for more structured trade ideas based on price action, options, and macro timing.
Gold prices are faking declines but rising, so beware
💡Message Strategy
As trade uncertainty heats up, gold welcomes safe-haven buying
After the Trump administration issued a series of tariff notices against many countries around the world, market risk aversion has intensified. The US President announced on Wednesday that a new 50% tariff on copper imports will be imposed from August 1, and reiterated that "the deadline will not be extended for countries that have received the notice, and any retaliatory measures will be responded to by tax increases."
This move has triggered market concerns about the slowdown in global economic growth, and traditional safe-haven assets such as gold have been sought after. The current gold price has rebounded significantly from the one-and-a-half-week low hit the previous day.
According to market surveys, safe-haven funds are being reconfigured, especially in the context of the unclear Fed policy and the direction of the US dollar, gold has become a non-yielding asset preferred in the short term.
📊Technical aspects
From the 1H chart, the gold price has approached the 100-period simple moving average (SMA), which is currently located around 3,335, forming an initial resistance. If the price effectively breaks through this area, the next resistance level will be in the 3,345-3,350 range. Once it breaks through, it may trigger a short-covering market, pushing the gold price back to the 3,400 integer mark.
If gold breaks above 3,360, it will confirm the short-term bottom and open the door to re-challenging the high point of the year. On the contrary, if the gold price falls below 3,300 again, it may retest the 3,280 support, and further downside space will extend to the July low of 3,247.
For now, the performance of gold bulls is relatively prominent, and it is recommended to do more on the pullback.
💰Strategy Package
Long Position:3300-3310,SL:3285,Target: 3340-3350
MORPHO | Euler Catch-Up TradeAfter Euler had a sensational run, Morpho in the same sector might be in for a catch-up trade.
Two Strategic Entry Points:
• Entry 1: Wait for a retest of the diagonal trendline (descending green line) around $1.50-1.60 area
• Entry 2: Enter after price breaks and retests the horizontal resistance zone around $1.90-2.00
Risk Considerations:
•A break below the diagonal support would invalidate the bullish thesis
• The horizontal resistance has acted as a strong ceiling previously
• Volume confirmation will be crucial for any breakout attempt