Gold Bears Aim for 3200 – Selling Rallies Remains the PlayIn my Friday analysis, I highlighted the potential for Gold to retest the 3270 support zone, and indeed, the Asian session and the opening of the new trading week confirmed this move, pushing Gold down to a low of 3255.
The overall chart structure remains strongly bearish following the false breakout above the 3370 resistance and the spike above 3400. This suggests that sellers are firmly in control, with a high probability of further downside.
I expect a break below 3270 support in the coming sessions, targeting the 3200 zone as the next major level for bears.
For now, the strategy remains clear:
Sell rallies as long as 3350 resistance remains intact. 🚀
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Signals
Gold Bears Back in Control – Targeting 3270 AgainIn my analysis yesterday, I noted that after the false break above 3370 resistance, there was a high likelihood of a reversal, potentially driving Gold back down to the 3270 support zone.
Market Reaction:
• As expected, Gold turned lower after retesting the broken 3370 support, now acting as resistance.
• The price dropped nearly 1000 pips, which has become the new norm for daily Gold fluctuations lately.
W hat’s Next?
• With the current rebound, the 3370 zone should once again act as a barrier.
• The strategy remains to sell rallies, targeting a fresh test of the 3270 support zone.
Until this support is broken, expect very volatile moves, but the broader trend remains bearish
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Lingrid | GOLD Weekly MARKET Analysis: CONSOLIDATION PhaseOANDA:XAUUSD has made a positive move but faced resistance at $3,430, with strong support established at $3,250. The market is likely to trade sideways or experience a deeper correction in the near term. A major resistance barrier appears to be forming overhead, making further upside difficult without significant catalysts.
These temporary pullbacks may prove beneficial within what appears to be a longer-term uptrend. It is natural for markets to move sideways and form consolidation patterns after the bullish momentum we've witnessed since the beginning of this year. Therefore, sideways consolidation currently represents the healthiest market reaction.
Last year, we observed similar price action where the market made a bullish move from February through April before consolidating for two months. Current price action suggests we may see consolidation in the form of a triangle pattern before a major catalyst fuels the next market move. Overall, I expect the market to continue moving sideways within the April trading range, with the possibility of a deeper correction.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GBP-CAD Local Correction Ahead! Sell!
Hello,Traders!
GBP-CAD keeps growing
And the pair is locally overbought
So despite our local bullish bias
We will be expecting a pullback
And a move down after the
Pair hits the horizontal resistance
Around the 1.8600 area
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CRUDE OIL Bullish Breakout! Buy!
Hello,Traders!
CRUDE OIL is making a bullish
Correction from the lows and
The price made a bullish
Breakout of the key horizontal
Level of 60.10$ then made a
Retest and a rebound so we
Are bullish biased and we will
Be expecting a further bullish
Continuation on Monday
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
ETHUSD: Bulls Are Winning! Long!
My dear friends,
Today we will analyse ETHUSD together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 2,514.5 Therefore, a strong bullish reaction here could determine the next move up.We will watch for a confirmation candle, and then target the next key level of 2,560.1.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
EUR_USD MOVE DOWN IS LIKELY|SHORT|
✅EUR_USD is retesting a
Horizontal resistance level
Around 1.1280 and we are
Locally bearish biased we
Will be expecting a pullback
And a local move down
On Monday
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BTCUSD: Next Move Is Down! Short!
My dear friends,
Today we will analyse BTCUSD together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 104,756.66 will confirm the new direction downwards with the target being the next key level of 104,224.56 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
EUR-GBP Local Long! Buy!
Hello,Traders!
EUR-GBP keeps moving
Down but I don't see any strong
Bearish pressure and so as the
Pair is about to retest a horizontal
Support level around 0.8435
We will be expecting a local
Bullish rebound and a move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP-JPY Free Signal! Sell!
Hello,Traders!
GBP-JPY is trading in an
Uptrend and the pair is once
Again about to retest a horizontal
Resistance level of 193.665
So despite our bullish bias
We will enter a local short trade
On Monday with the Take Profit
Of 192.946 and the Stop Loss
Of 193.799 which is slightly
Above the upper bound of
The wide supply area
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP_CHF SWING SHORT|
✅GBP_CHF will soon retest a key resistance level around 1.1111
So I think that the pair will make a pullback
And go down to retest the demand level below around 1.1024
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPJPY BULLISH OR BEARISH DETAILED ANALYSISGBPJPY is currently trading near 190.80 and is forming a significant breakout structure on the 3-day chart. After months of consolidation under a descending trendline, the pair is now coiling tightly, signaling a potential bullish breakout. The pair has respected the lower support range near 183.70 while pushing up against descending resistance multiple times. This squeeze pattern often precedes a major directional move, and with bullish momentum building, GBPJPY could be primed for a rally toward the 210.00 zone.
Fundamentally, the British pound is finding strong support from the latest hawkish commentary by the Bank of England, which has hinted that inflation remains sticky, keeping rate cut expectations delayed. On the other hand, the Japanese yen remains under consistent pressure due to the Bank of Japan's ultra-dovish stance and yield curve control policies. The BoJ’s reluctance to shift its policy outlook, coupled with soft macro data from Japan, is weakening the yen across the board.
Technically, a breakout and close above the descending trendline around 194.00 will be a key confirmation point. If this happens, bulls could dominate and push GBPJPY toward the 210.00 resistance zone in the medium term. The R\:R on this setup remains favorable with stops safely tucked below 183.70, giving this trade strong upside potential.
This pair is currently one of my top watchlist setups for May as both the technical and fundamental landscapes align. With bullish sentiment driving GBP strength and JPY weakness being a prevailing macro theme, GBPJPY could deliver a powerful upside continuation if the breakout confirms.
DXY Will Go Higher! Long!
Please, check our technical outlook for DXY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 100.428.
Considering the today's price action, probabilities will be high to see a movement to 102.304.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
ETHUSDT Breakout & Retrace: Watching the $2,200 Buy Zone!Hey Traders,
In today's session, we're keeping a close eye on ETHUSDT for a potential buying opportunity around the $2,200 zone. After trending downward, Ethereum has successfully broken out of its downtrend and is now undergoing a correction. It’s currently approaching a key support/resistance area at $2,200, which could act as a strong retracement level.
As always, trade safe.
Joe
Bitcoin Potential Continuation To The UpsidesHey Traders, in today's trading session we are monitoring BTCUSDT for a buying opportunity around 100,000 zone, Bitcoin is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 100,000 support and resistance area.
Trade safe, Joe.
EUR_GBP POTENTIAL LONG|
✅EUR_GBP will be retesting a support level of 0.8428
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR-USD Free Signal! Sell!
Hello,Traders!
EUR-USD broke the horizontal
Level of 1.1300 which is now
A resistance and went down
So the breakout is confirmed
And now the pair is retesting
The resistance so as we are
Bearish biased we will be
Able to to enter a short trade
On Monday with the Take
Profit of 1.1197 and the
Stop Loss of 1.1311
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NI225 CORRECTION AHEAD|SHORT|
✅NIKKEI has been growing recently
And the index seems locally overbought
So as the pair is approaching a horizontal resistance of 38,216
Price decline is to be expected
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TESLA Resistance Ahead! Sell!
Hello,Traders!
TESLA stock is growing
And we are bullish biased
Mid-term but the price is
About to hit a horizontal
Resistance of 322.00$
So after the retest we
Will be expecting a local
Bearish correction
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USOIL: Target Is Up! Long!
My dear friends,
Today we will analyse USOIL together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 60.99 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
NG1!: Local Bearish Bias! Short!
My dear friends,
Today we will analyse NG1! together☺️
The market is at an inflection zone and price has now reached an area around 3.789 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 3.690.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
NI225: Absolute Price Collapse Ahead! Short!
My dear friends,
Today we will analyse NI225 together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 37,503.33 will confirm the new direction downwards with the target being the next key level of 37,094.95 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
ETHEREUM BULLISH BREAKOUT|LONG|
✅ETHEREUM is growing finally
And the coin broke a key horizontal
Level of 2,200$ and the breakout
Is confirmed so we are bullish biased
And we will be expecting a
Further bullish move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.