Natural Gas Ready to Explode?In recent months, Natural Gas (NG1!) has shown significant volatility, but now there are clear signals suggesting a major directional move could be imminent.
On the weekly technical chart, price has bounced from a strong demand zone between 2.50 and 2.70 USD/MMBtu, an area historically defended by institutional players. Currently, it is trading above 3.30 USD, consolidating in preparation for the next move. Key resistance zones to watch are between 3.90 and 4.20 USD, a region of high volume confluence and institutional supply.
Retail sentiment is extremely interesting: over 75% of retail traders are currently long. Historically, an excess of retail longs often leads to either corrections or accumulation/distribution phases, as large players tend to act against the majority.
Looking at the COT Report, the data supports the bullish thesis: non-commercials (speculative funds) remain net short, while commercials (physical operators) are increasing their long positions, indicating expectations of higher real demand in the medium term. This is a historically bullish signal, although it may not materialize immediately: commercials often start accumulating well before price movements occur.
Finally, seasonality favors the bulls: historically, from late April through mid-June, Natural Gas tends to perform positively, fueled by storage accumulation ahead of summer and the following winter season.
Strategically, a consolidation phase above 2.90–3.00 USD could serve as a base for larger moves towards 3.90 and eventually 4.90 USD, with the bullish scenario invalidated only below the 2.80 USD area.
Signals
AUD_USD GROWTH AHEAD|LONG|
✅AUD_USD is trading in an
Uptrend and the pair is
Consolidating above the
Horizontal support level
Around 0.6371 and we are
Already seeing a bullish
Rebound from the level
So we are bullish biased
And we will be expecting
The pair to go further
Up this week
LONG🚀
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GOLD accumulate as the market lacks major fundamental impactSpot OANDA:XAUUSD moved significantly in early morning trading on Tuesday (April 29) and is currently trading at $3,315/oz, down 0.87% on the day at the time of writing.
OANDA:XAUUSD reversed losses on Monday and rebounded, having earlier dipped to around $3,268. The US Dollar (Dxy) fell broadly on Monday, supporting gold as investors cautiously awaited more news on US trade policy and braced for a week of in-depth economic data that could provide early indications of whether US President Trump’s trade war is having an impact.
The U.S. Dollar Index TVC:DXY fell 0.7% on Monday to close at 98.91, its lowest close in four trading days. The DXY has fallen 4.89% in April and is set to post its biggest monthly decline since July last year as Trump has shaken confidence in the reliability of U.S. assets.
A majority of economists polled by Reuters see a high risk of a global recession this year, with many saying that U.S. President Donald Trump’s tariffs have hurt business confidence. Bessant said on Monday that major U.S. trading partners have made “very good” proposals to avoid U.S. tariffs and one of the first deals to be signed would likely be with India.
Fed officials, including Chairman Jerome Powell, have said they are ready to cut rates if risks to economic growth become clear. But most officials appear to want to determine the impact of Trump’s tariffs on real economic indicators like inflation and employment before taking action.
This week, the US will also release first-quarter GDP data and the Fed's preferred inflation measure, core PCE, while Europe will also release preliminary GDP and inflation data.
Investors are also awaiting the US April jobs report on Friday, which is expected to show that employment is still growing, albeit at a much slower pace than a month ago.
Investors will also pay attention to the US JOLT jobs data for March and the second round of US-Japan tariff talks, due out today.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold continues to move sideways as there is no fundamental impact big enough to break the structure to create a short-term trend. But in terms of position, gold is currently likely to decline as the RSI is pointing down quite far from 50, 50 in this case acts as the nearest target support indicating that there is still room for downside ahead in the short term.
However, in the overall picture, gold is still trending up mainly due to supporting factors such as the trending price channel as the main trend, the main support from EMA21 and as long as gold is above EMA21, in/above the price channel, it is still in the main uptrend, the declines should only be considered as short-term corrections or a buying opportunity.
During the day, gold is expected to accumulate with the main uptrend, the notable positions will be listed as follows.
Support: 3,292 – 3,267 – 3,245 USD
Resistance: 3,371 USD
SELL XAUUSD PRICE 3382 - 3380⚡️
↠↠ Stop Loss 3386
→Take Profit 1 3374
↨
→Take Profit 2 3368
BUY XAUUSD PRICE 3287 - 3289⚡️
↠↠ Stop Loss 3283
→Take Profit 1 3295
↨
→Take Profit 2 3301
XAUUSD: Massive Volatility, Weak Support at 3270!Last week was extremely volatile for Gold, with incredible swings that caught many traders off-guard. After reaching a new all-time high at 3500, the price dropped by more than 2000 pips in less than 24 hours!
After this crash, the market settled somewhat, and towards the end of the week, Gold established a strong ceiling around 3370 – exactly as we discussed in last week's analysis.
The key question now: Is the correction over or is there more downside coming?
At the same time, we can clearly observe a floor around 3270, a level that Gold is testing again at the time of writing.
Here’s why I believe the correction is not over yet:
- Price action remains vulnerable below 3370 resistance.
- The support at 3270 looks fragile, with pressure building for a break.
- Market volatility is still extremely high, favoring continuation moves.
Trading Plan:
I am looking to sell rallies above 3300, aiming for a target around 3200.
Due to the recent wild volatility, I will adjust my stop losses accordingly, allowing enough room for noise without exposing the position to unnecessary risk.
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.
GBP_CAD BULLISH BREAKOUT|LONG|
✅GBP_CA D made a bullish
Breakout of the falling
Resistance and the breakout
Is confirmed so we are bullish
Biased and after a potential
Pullback we will be expecting
A further bullish move up
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP-NZD Resistance Ahead! Sell!
Hello,Traders!
GBP-NZD went up sharply
From the support cluster
Below just as I predicted
But now the pair is about
To retest a horizontal resistance
Around 2.2620 from where
A local bearish correction
Will be expected
Sell!
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AUD-USD Will Keep Growing! Buy!
Hello,Traders!
AUD-USD started the trading
Week with a strong bullish
Move up from the horizontal
Support of 0.6371 while trading
In an uptrend so we are bullish
Biased mid-term and we will
Be expecting a further bullish
Continuation, but its best to
Wait and see how the price
Interacts with the local
Key level of 0.6439 as
We might see a local
Pullback from this supply
Area giving us a better
Entry price for the long
Buy!
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Bitcoin - Back Under Intersecting Bearish TrendlinesBitcoin is back underneath these two intersecting bearish trendlines.
I have laid out two potential paths Bitcoin could take to play this out.
When an asset in crypto goes only up for so long, it leaves behind a trail of leveraged liquidity in the form of stop losses. These wide open gaps filled with long stop losses, is the fuel that would make such a move possible. In other words, the sell orders are already in the chart in order to make this possible.
Personally, I expect this to happen.
DXY is showing a major breakdown and bearish retest at the moment - with a falling dollar over the next 2-3 years, that translates to a true bull market for Bitcoin and related assets.
The market has a very small time window to recollect all of the long position liquidity in the chart, which is in the billions.
See my previous posts to see confluences, liquidity mapping, etc.
Happy trading and I will be trading this myself.
EUR/USD racing towards new highs? The market sends clear signalsThe EUR/USD pair is confirming a very strong bullish structure. On the weekly chart, the price is positioned above a key supply zone between 1.1350 and 1.1450, after strongly breaking through previous resistances.
The current consolidation at the top of the range suggests a potential continuation to the upside, with a first target at 1.1500 and an extended target at 1.1600.
Retail market sentiment shows a clear majority of short positions on EUR/USD.
This supports a contrarian bullish view, as historically, retail tends to be positioned against the prevailing trend.
COT report data further strengthens this outlook.
The US Dollar Index (USD Index) shows an increase in short positions among institutional traders, indicating a possible phase of dollar weakness.
Conversely, the Euro FX shows a significant increase in long positions from both non-commercial and commercial traders, highlighting institutional interest in buying the euro.
From a seasonal perspective, May tends to be neutral or slightly negative for the euro, while June historically favors moderate dollar strength.
This suggests that EUR/USD could still have room to rise over the coming weeks, but it will be important to monitor for signs of bullish exhaustion towards the end of May.
In summary, the current context favors further upside on EUR/USD as long as the price remains above the 1.1300 support.
However, it will be crucial to watch for the first signs of weakness as we approach June.
US30: Next Move Is Up! Long!
My dear friends,
Today we will analyse US30 together☺️
The market is at an inflection zone and price has now reached an area around 39,955.7 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 40,208.3.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
GOLD: Target Is Up! Long!
My dear friends,
Today we will analyse GOLD together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 3,332.62 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 3,359.49.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
SILVER: Move Down Expected! Short!
My dear friends,
Today we will analyse GOLD together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 33.0203 will confirm the new direction downwards with the target being the next key level of 32.8151.and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
EURUSD: Local Bearish Bias! Short!
My dear friends,
Today we will analyse EURUSD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 1.13761 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
GOLD falls more than 40 Dollars, widening correction rangeSpot OANDA:XAUUSD unexpectedly accelerated its decline during the Asian trading session on Monday (April 28). The current price of gold is around 3,280 USD/ounce, down more than 40 USD on the day. The price of gold has gradually decreased compared to the intraday high of 3,336.98 USD/ounce reached at the beginning of the trading session.
The easing of trade tensions between China and the United States has weakened gold’s appeal as a safe haven. Gold prices have fallen more than 5% since breaking above $3,500 an ounce last Wednesday.
The latest developments around US-China trade relations and the release of key US macroeconomic data will trigger gold’s near-term price action. Market participants will be closely watching US economic growth and employment data this week.
The latest data from the US Commodity Futures Trading Commission (CFTC) showed that hedge fund managers cut their net long positions in gold futures and options to a 14-month low.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold has dropped below the raw price of $3,300 and at its current position it could continue to decline further with a short-term target of around $3,245 where the price confluences with the upper edge of the price channel.
Although gold has fallen significantly from $3,500, looking at the overall chart, gold still has bullish conditions with support from EMA21 and the rising price channel as the long-term trend. On the other hand, the down trending RSI is also approaching the 50 level, in this case the 50 level is the closest support at present, indicating that there may not be much room for decline in the short term.
Once gold is back in action above the 0.382% Fibonacci retracement level, it will be in position to rebound with a target of around $3,371 in the short term.
During the day, the bearish correction could continue but will be limited by the EMA21 and the price channel. Along with that, the bearish correction along with the main uptrend will be noticed by the following technical positions.
Support: $3,245 – $3,228 – $3,200
Resistance: $3,292 – $3,371
SELL XAUUSD PRICE 3328 - 3326⚡️
↠↠ Stop Loss 3332
→Take Profit 1 3320
↨
→Take Profit 2 3314
BUY XAUUSD PRICE 3226 - 3228⚡️
↠↠ Stop Loss 3222
→Take Profit 1 3234
↨
→Take Profit 2 3240
Gold falls below $3,300International gold prices are currently trading around $3,290/ounce, down $40 from last week and far from the record high of $3,500. The bearish structure still prevails as gold is below the EMA34 and EMA89, while failing many times to regain the $3,300 mark.
Strong profit-taking pressure, a recovering USD and rising bond yields are dragging gold prices down, despite the previous optimistic expectations from the Kitco survey. If gold continues to weaken below $3,300, it could head towards $3,250, deeper into the $3,200–$3,220 range. Conversely, only when it surpasses $3,320 will the downtrend be challenged.
Short-term strategy: Prioritize selling when gold recovers weakly.
JP MORGAN's long-term bullish trend restored above the 1D MA50.JP Morgan Chase (JPM) broke above its 1D MA50 (red trend-line) last week for the first time since the first week of March and technically put an official end to the 3-month 'Trade War' correction.
This correction has technically been the Bearish Leg of the 2.5-year Channel Up. Every time the 1D MA50 broke and closed a 1W candle above it, the stock started the new Bullish Leg of the pattern. The last Bullish Leg was +6% (+48% against +42%) stronger than the previous one before the first pull-back to the 1D MA50 again.
As a result, we expect to see $310 (+54%) before this year is over.
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GBPNZD Will Go Higher From Support! Buy!
Here is our detailed technical review for GBPNZD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 2.241.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2.283 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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Stromm | S&P 500 & NASDAQ a RESISTANCE is NearThe S&P 500 and the Nasdaq are basically moving in lockstep right now — their structures look almost identical.
Starting with the S&P 500:
We’re currently trading into a 4-hour Fair Value Gap between $5,546 and $5,634, Sitting just under a 4-hour Order Block that could trigger a short-term reaction.
At the moment, though, it doesn’t really look like we’re going to flush all the way back down toward the $5,000 level (2-hour Order Block sitting much lower).
More likely?
This 4h Order Block just gives us a brief pullback, a minor reaction — and then price pushes higher again.
This would line up perfectly with my original scenario of Wave A completing around $4,805.
Personally, I’m already positioned around $4,800, so obviously, I'd love to see that level hold and price continue moving higher — ideally heading toward $6,000.
That would be the perfect extension — but nothing is guaranteed yet.
Still, structure right now leans bullish unless we see a sudden breakdown.
Now, for the Nasdaq CME_MINI:NQ1! :
Almost the same setup —
We have a 2-hour Order Block just above the current price, acting as short-term resistance,
And another 2-hour Order Block way lower, which now seems less likely to be tested unless something drastic happens.
So for the Nasdaq, the most realistic short-term scenario:
Hit resistance at the current 2h Order Block,
Maybe a small pullback toward 18,900–19,000,
Then continuation higher toward 20,000 or even 21,000 over the next few weeks.
NASDAQ ahead of the most critical Resistance test.Nasdaq (NDX) not only broke above the Lower Highs trend-line of its All Time High (ATH) last week but managed to break and turn the 4H MA200 (orange trend-line) into Support.
It is now aiming for the 1D MA50 (red trend-line), which is the most crucial Resistance level of this recovery attempt and is what technically turns bearish trends into bullish if it turns into Support.
We expect a short-term rejection there, which should give a buy opportunity near the 4H MA200. Our Target for this is 20350 (Resistance 1).
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