XAU/USD: Bearish Trendline Keeps Sellers in ControlAnalysisGold remains under bearish pressure after rejecting the descending trendline and failing to reclaim the key resistance zone around 4,050ā4,060. Price is currently testing a short-term demand area, where a temporary bounce is possible.However, as long as price stays below the trendline and the Fair Value Gap (FVG), sellers…
By analyzing the #Ethereum chart on the Daily timeframe, we can see that price has arrived exactly where we said the battle would be fought. In our previous idea, I mapped the Daily Flip Zone ($1,968.80 ā $2,160.36) as the single region where the major reaction would happen ā and price has now driven straight…
Gold has found temporary support after last week’s decline, but buyers are already approaching a critical decision area. Price is rebounding directly into a descending trendline while attempting to reclaim a demand zone that has been tested multiple times. Every revisit to the same demand area tends to absorb resting buy orders. Unless buyers regain…
Copper futures are starting the new trading week with moderate gains. We primarily expect further increases up to just below our resistance line at $6.71 in the near term. After that, copper futures should see a clearer move to the downside, but remain above our support line at $5.25. The long-term uptrend is then expected…
Alibaba has bounced in recent weeks, but some traders may see downside risk. The first pattern on todayās chart is the April 2 weekly close of $122.05. The Chinese e-commerce giant fell through that level in early June before rebounding toward it. The stock stalled below that price area last week, potentially suggesting that old…
Market: Gold / U.S. DollarTimeframe: 1 HourCurrent condition: A bearish reversal is developing, but the structure still needs confirmation. A trend rarely reverses in one dramatic candle. More often, it weakens in stages. The market first loses momentum. Then buyers or sellers fail to extend the existing trend. After that, an important swing level comes…
The Celer Network’s CELR token has been experiencing a sustained downtrend after losing the previous 0.00230-240 price floor, with liquidity providers pushing downwards via futures markets. Currently the token’s price sits right above the absolute, pre-2020 bull run monthly support level and the orderbook sits mostly empty below and above in the immediate levels. It…
XAUUSD Daily Market Structure Analysis | Educational Description This chart presents a complete educational view of Gold (XAUUSD) using market structure, trendline analysis, and price action. Every candle contributes to the story of how buyers and sellers interact, showing where momentum changes, liquidity is collected, and high-probability reactions can develop. This analysis is for educational…
By analyzing the #AVAX (Avalanche) chart on the 2H timeframe, we can see that the short-term structure has flipped bullish after a strong reaction from demand. Price reclaimed control, broke its corrective trendline, and is now setting up for the next leg toward the liquidity above ā but a healthy dip is likely first. Let’s…
AUDJPY remains overall bullish, continuing to trade inside the red ascending channel that has guided the broader trend. Following the recent rejection from the lower boundary of the channel, buyers regained control and pushed price higher into an important resistance area that has generated multiple rejections in recent months. āWhile price remains within this resistance…
End of content
End of content