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Support and Resistance

$ES = More downside, the bear flag and $3914 - $4376 targetsIf you look at the chart, you can see that ever since April 7th, we've been consolidating in a bear flag. I think what's most likely here is that we break down and hit one of the targets below. The reason being, if we look at the chart since the start of the correction, we've seen 4/5 waves so far, so it would make sense that there'd be a final leg down. Let's see if we end up hitting one of the targets. If we do, it'll mark the bottom of the correction.
CME_MINI:ES1!Short
by benjihyam
2
GOLD bulls ready to break higherHere we are looking at the 240/4hr chart. I am seeing price make a push higher from a previously well respected support zone and a possible triangle pattern forming after pushing down from previous highs. Currently we're waiting for bears to push the price down either to the bottom of the triangle pattern, or breaking out to the highs for entries higher. Plan for bears is to sell back into the triangle and in current resistance. Plan here for bulls is to look for entries at a better price breaking this pattern, or into the highs.
OANDA:XAUUSDLong
by Youza
GE Aerospace Wave Analysis – 28 April 2025General Electric: ⬆️ Buy - GE Aerospace broke resistance area - Likely to rise to resistance level 205.00 GE Aerospace recently broke the resistance area between the round resistance levels 200.00, 193.60 and the 61.8% Fibonacci correction of the downward impulse from March. The breakout of this resistance area accelerated the active short-term impulse wave 3 from the start of April. GE Aerospace can be expected to rise toward the next resistance level 205.00 (former top of wave b from the end of March).
NYSE:GELong
by FxProGlobal
GE Aerospace Wave Analysis – 28 April 2025- GE Aerospace broke resistance area - Likely to rise to resistance level 205.00 GE Aerospace recently broke the resistance area between the round resistance levels 200.00, 193.60 and the 61.8% Fibonacci correction of the downward impulse from March. The breakout of this resistance area accelerated the active short-term impulse wave 3 from the start of April. GE Aerospace can be expected to rise toward the next resistance level 205.00 (former top of wave b from the end of March).
NYSE:GELong
by FxProGlobal
Be bold and short goldFundamentals: 1. Still need to pay attention to Trump's attitude towards tariffs; 2. Pay attention to whether the situation between India and Pakistan escalates; 3. At the same time, pay attention to the dynamics of the Federal Reserve, US-Iran negotiations, etc. Trading situation: Our last short position near 3297 happened to hit TP: 3287 during the decline of gold, and easily made a profit of 100pips in short-term trading; After gold fell below 3287, it rose sharply in the short term to around 3335. Although gold rose sharply in the short term, it still did not break away from the wide range of fluctuations. There are still many resistances above. First, it faces the short-term resistance area of ​​3340-3345, and secondly, it faces the resistance area of ​​3355-3365. Therefore, it is difficult for bulls to perform well before conquering this resistance area. There is still a possibility of testing the 3305-3295 zone again; Trading strategy: Short-term trading can still short gold in batches again in the 3325-3335 zone; TP: 3310-3300
OANDA:XAUUSDShort
by Steffen_Schade
USDJPY LONGMarket structure bullish on HTFs DH Entry at Daily AOi Weekly Rejection at AOi Daily Rejection At AOi Daily H&S pattern forming (Retest of the neckline) Previous Structure point Daily Round Psych Level 143.000 This trade has high potential to create bullish structure H4 EMA retest H4 Candlestick rejection Rejection from Previous structure Levels 7.11 Entry 90 REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is King.
Long
by mobbie_zw
Gold prices bottomed out and rebounded, market trend analysis.Analysis of gold trend: From the perspective of market sentiment, interest-free gold as a safe-haven asset has performed strongly this year, with prices soaring by nearly $700 and hitting record highs several times. However, the recent optimistic expectations of easing global economic and trade relations have boosted market risk appetite, and the equity market has generally performed positively. Some funds have flowed out of safe-haven assets such as gold and turned to risky assets, which is also the main psychological factor under pressure on gold prices. If market risk appetite continues to improve, global economic and trade relations further ease, and the US dollar strengthens, gold prices may face greater downward pressure. From a technical point of view, the gold price needs to effectively fall below the $3,265-3,260 range in the short term before a larger correction downward may be confirmed. Once confirmed to fall below, the gold price may quickly fall to the 50% retracement level near $3,225, further pointing to the $3,200 mark. If $3,200 is lost, it will suggest that gold may have peaked in the short term. Gold opened higher in the Asian session on Monday and continued to fall last week after hitting 3336. The idea of ​​the Asian session was to directly bearish at the analysis point of 3277. After hitting the lowest point of 3268, it fluctuated upward. The European session also fell to 3273 and then rebounded. The highest point in the US session just reached 3336 again, a standard bottoming and rebounding trend. Since it is an adjustment structure, let's re-analyze the idea. The gold price fell at 3500 and rebounded at 3260 last Wednesday. The rhythm was volatile. It rebounded above 3260 many times below and did not cross the first rebound high of 3367 above. Today, we mainly focus on the closing price. If it stands firmly at the 3313 line, we will adjust our thinking on Tuesday. On the contrary, it will fall back after encountering resistance at 3336, today's opening high, and go to 3278. On Tuesday, we will continue to look at the idea of ​​​​swinging and falling. Now it is the end of the market, and the market is also falling from a high.
OANDA:XAUUSDShort
by TP_Daniel5
GOLD → The chances of a further decline are growing...FX:XAUUSD continues to test support at 3270 for a breakout. Any de-escalation of the conflict between the US and China could trigger a price drop. But it's not that simple... Gold under pressure amid tariff war and ahead of US data On Monday, gold is testing last week's low of $3260, remaining under pressure from a strengthening dollar and easing trade risks between the US and China. Investors are preparing for the release of key US GDP and labor market data, which could influence expectations for Fed rates. Against this backdrop, the correction in gold could be replaced by growth if macro statistics turn out to be weak and geopolitical risks remain. Another retest of support could trigger a breakout. It is necessary to monitor the situation between China and the US. Any de-escalation will trigger a decline. Resistance levels: 3299, 3326 Support levels: 3268.9, 3245, 3232 Since the opening of the session, the potential for a further decline has been exhausted. Gold may strengthen to the indicated resistance zones. A false breakout of 3300/3326 could trigger a decline, which could bring the price closer to the support breakout of 3270. With respect, R. Linda!
FX:XAUUSDShort
by RLinda
29
EURGBP Wave Analysis – 28 April 2025 - EURGBP broke support area - Likely to fall to support level 0.8450 EURGBP currency pair recently broke the support area between the key support level 0.8525 (which stopped the previous waves iv and A) and the 38.2% Fibonacci correction of the upward impulse from February. The breakout of the support level 0.8525 accelerated the active impulse wave i, which belongs to the C-wave of the ABC correction B from the start of April. Given the bearish euro sentiment seen today, EURGBP currency can be expected to fall toward the next support level 0.8450.
Short
by FxProGlobal
BTCDOM at the threshold of a strong impulseA very interesting situation is now observed on such a ticker as BINANCE:BTCDOMUSDT.P - bitcoin dominance index released by Binance. It differs from CRYPTOCAP:BTC.D in that it shows bitcoin dominance to the top 20 altcoins. On the weekly chart of BINANCE:BTCDOMUSDT.P there is a very old AMEXP model from June 5, 2023, which essentially describes the entire current uptrend on this index. So within this model there was a target value of 100% level (2625.1), which has been a resistance for 112 days and during this time there were 4 attempts to test it. In case we see a breakout, there may well be a very strong impulse, which will be accompanied by great volatility in the market. What two scenarios could work at this point? 1️⃣ Index growth will be due to the fact that the top 20 altcoins will stand still/fall on the background of INDEX:BTCUSD growth. 2️⃣ Index growth will be due to the fact that the top-20 altcoins will fall faster than INDEX:BTCUSD will fall.
Long
by TSFC
SHIBUSDT Is Flashing Major Bearish Warnings – Are You Ready??Yello Paradisers, Have you been keeping an eye on SHIBUSDT? If not, now is the time. The market is showing clear signs of weakness that could lead to a significant bearish move, and many traders may not be prepared for what’s coming. 💎SHIBUSDT is currently looking bearish after forming a clear bearish Change of Character (CHoCH) on the higher timeframe. Adding to this, the price action on the lower timeframe is showing an internal Change of Character (I-CHoCH) originating from a 4-hour bearish Order Block (OB). This setup substantially increases the probability of a continuation to the downside. 💎What we are focusing on now is the potential pullback. If SHIBUSDT pulls back to fill the Fair Value Gap (FVG) or develops a bearish pattern from the Order Block, it would provide a strong short opportunity with an excellent risk-reward profile. 💎However, it is crucial to remain cautious: if the price breaks out and closes a candle above the identified Order Block, it would completely invalidate the bearish idea, and we would need to step aside from any short positions. Remember, Paradisers, sustainable trading success comes from patience and disciplined execution. There is no need to rush. Waiting for confirmation will always keep you on the winning side. Be smart, wait for the right setup, and always trade like a professional. This is the only way you will make it far in your crypto trading journey. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
GOLD will move in coming weekAccording this analysis use us and trade wisely best of Luck, Next Gold moving Forecast From Mr Martin Date 27 April 2025 in today analysis discus about for gold in the coming week while the overall trend remains Bullish moment. be cautions Gold direction is not full clear yet but if the Gold market will open we see in market Gap more in Bullish side keep eye on pattern and key price levels and market reactions will help shape the next move. Gold target will shows in the chart. You can find more details in the chart Remember like and comments must for motivating to share more experience Here Thanks.
OANDA:XAUUSDLong
by MrMartin_11
GER40 TECHNICAL ANALYSISThe GER40 has been on a strong bullish run, but is now stalling just below the 22,444 🔼 resistance zone. Price is showing early signs of hesitation, suggesting potential for either a breakout continuation or a deeper pullback. Support at: 21,973 🔽, 21,570 🔽, 20,900 🔽 Resistance at: 22,444 🔼, 22,800 🔼, 23,400 🔼 Bias: 🔼 Bullish: A clean breakout and retest above 22,444 could fuel a move toward the next major resistance at 22,800. As long as price holds above 21,973, the bullish structure remains intact. 🔽 Bearish: A failure to break above 22,444 combined with a break below 21,973 could trigger a pullback toward the 21,570 support zone. 📛 Disclaimer: This is not financial advice. Trade at your own risk.
THINKMARKETS:GER40
by SPOT_FX
S&P 500 Rips Into Resistance- Bulls on NoticeThe S&P 500 has rallied more than 15.6% off the lows with the bull now testing confluent resistance at 5531/43 - a region defined by the 78.6% retracement of the monthly range and the April high-day close. Note that a three-point resistance slope converges on this threshold and the immediate advance may be vulnerable while below. Initial support rests with the 4/22 reversal close at 5285 - losses below this threshold would threaten another bout of selling towards the yearly low-day close (LDC) near 5061 . A topside breach / close above this hurdle exposes the monthly open at 5600 and the 61.8% retracement of the decline off the record highs at 5634 - look for a larger reaction there IF reached. Bottom line : The index is testing resistance here- losses would need to be limited to 5285 IF price is heading higher on this stretch with a close above 5434 needed to clear the way for the next leg of the advance. -MB
FOREXCOM:SPX500
by FOREXcom