Technical Analysis
Gold: Breakout and Potential Retrace!!Hey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 3,390 zone, Gold was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 3,390 support and resistance zone.
Trade safe, Joe.
GOLD (XAUUSD): Technical Analysis & Important Pattern to Watch
For some known reason, Gold remains bearish this entire week.
The market is currently correcting within a falling channel - a bullish flag on a 4H time frame.
Ahead, I see a bunch of strong intraday supports.
From one of these structures, a bullish rally may resume.
A trigger that you should look for is a bullish breakout of
a resistance line of the flag and a 4H candle close above that.
A bullish continuation will be expected then.
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GBPUSD: Bearish After Opening 🇬🇧🇺🇸
There is a high chance that GBPUSD will drop after the market opening.
I see a strong bearish confirmation after a test of a recently broken trend line.
The price formed a head & shoulders pattern and violated its neckline
on an hourly time frame.
Goal - 1.3425
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GOLD: Retesting support will lead to a riseHello to all beloved traders, Lucas_Reid here!
Gold has now broken upward from the wedge and confirmed recent bullish momentum. A major player is building a position above the wedge and preparing for distribution. But the main question is: how long will it last?
Fundamentally, the recent gold surge was triggered by escalating tensions in the Middle East and large-scale missile exchanges between Iran and Israel – drawing safe-haven flows. Interestingly, gold pulled back slightly by the end of Friday’s trading session, hovering around $3,368 at the time of writing (a reasonable move after the spike). However, the broader macro backdrop still favors gold in the medium term, with persistent demand from central banks and ongoing geopolitical risks providing support.
Additionally, the US dollar is in a global downtrend, and traders are awaiting a decision from Powell (who is under pressure from Trump to cut rates).
From a technical perspective, if we zoom out, we can see buyers in control, suggesting continuation. Price has broken out of recent consolidation. The volatility that followed was then absorbed and reacted above the breakout level. Theoretically, we can speculate that big players are building positions above the current wedge. This can only suggest potential future deployment (distribution).
BUT failure to hold above this level could invalidate the bullish scenario and increase the chance of a pullback to the lower boundary of the channel.
Respectfully,
Lucas_Reid!
GBPUSD: Bearish pressure persistsGBPUSD is consolidating below a key medium-term resistance zone, with a rounding top and a minor head-and-shoulders pattern forming. The price is currently retesting the Fair Value Gap near 1.34900 — a potential reversal zone if it fails to break higher.
On the fundamental side, the Bank of England's decision to hold interest rates on June 19 disappointed the market. Meanwhile, the US dollar remains supported by safe-haven demand and the Federal Reserve’s hawkish tone, adding further pressure on GBP.
If GBPUSD fails to hold the trendline support near 1.33700, the risk of a deeper decline increases. Both the technical structure and macro fundamentals favor the bears.
BTCUSD – At a Make-or-Break LevelBTCUSD – At a Make-or-Break Level: Will Bitcoin Rebound or Slide Further?
Bitcoin continues to hover near a critical support level after last week's sharp drop. With rising macro uncertainty, shifting institutional flows, and growing interest in crypto regulation, BTCUSD is showing signs of a potential reversal — but traders should proceed with caution.
🌐 Macro Outlook – Debt Pressure, ETFs & Election Talk Fuel Uncertainty
US fiscal stress is building: Analysts warn that the United States could see interest payments exceed $1 trillion in 2025 — more than its defense or healthcare budget. This puts pressure on the Federal Reserve to consider fiscal tightening instead of rate cuts.
Spot Bitcoin ETF inflows are slowing: After a strong start in early 2024, institutional flows into spot BTC ETFs have cooled down recently. Hedge funds and asset managers are waiting for more clarity on economic policy.
Pro-crypto narratives gaining traction in US politics: With elections approaching, political figures are floating proposals to use Bitcoin as a strategic reserve asset and encourage crypto-based financial infrastructure.
Meanwhile, the US Dollar Index (DXY) remains volatile. A weaker dollar could support crypto, but stronger-than-expected inflation data may fuel further caution.
📉 Technical Analysis (BTCUSD – H1 to H4)
BTC is currently trading within a medium-term descending channel, and has recently tested the key support zone near 103,108.
A potential V-recovery pattern is forming. If buyers can hold this zone and break above 104,184, the price may target 106,047 and eventually 107,586.
However, EMA clusters (50–100–200) on the H1 chart are still pressing downward. A confirmed bullish reversal would require a breakout above 105,200 with strong volume.
✅ Suggested Trade Plan
🟢 BUY ZONE: 103,100 – 103,300
Entry: On price reaction with confirmation candlestick
SL: 102,600
TP: 104,184 → 106,047 → 107,586
🔴 SELL ZONE: 107,500 – 107,800
Entry: Only if price rejects resistance at upper channel
SL: 108,200
TP: 106,000 → 104,500
⚠️ Avoid aggressive shorting in the current range to reduce false breakout risk.
💬 Final Thoughts for Indian Traders
The current market is caught between macroeconomic caution and long-term crypto optimism. Bitcoin is holding near its lower range — a zone that historically triggers upward momentum.
For Indian traders, the key is to wait for clear structural confirmation and respect technical levels. Let price and macro alignment guide your decisions, not emotion or hype.
Plan the trade. Trade the plan. Protect your capital.
GateChain Slows Down Within An Impulsive Bullish TrendGateChain with ticker GTUSD came slightly lower, but we still see it trading in a higher degree wave »iv« correction that can resume the bullish trend for wave »v«. It can be actually finishing final subwave (c) of a three-wave (a)(b)(c) corrective decline, so keep an eye on strong support here at the former wave (iv) swing low and 38,2% Fibonacci retracement. If we get sharp rebound and impulsive rise back above channel resistance line near 20 bullish confirmation level, then we can easily expect further rally within final wave »v« of 5 this year, which can push the price even up to 35 – 40 target area.
GOLD XAUUSD 1H Chart Idea"Gold is forming a descending triangle pattern, signaling bearish pressure. Price is testing the lower support zone, and a confirmed breakdown below this level could trigger a strong downside move. Bears are likely to dominate if the support breaks with volume confirmation. Watch closely for a retest of the broken support turning into resistance for possible short entries. Risk management is crucial in this setup."
USD/JPY Short1. Intervention-fade (always live)
Sell Limit 146.00
Stop Loss 146.80
Take-Profit 1 144.50 – if hit, move stop to breakeven
Take-Profit 2 143.00
Good-till-cancelled: auto-cancel if not filled after 5 trading days
2. Break-and-retest (place this only after a daily candle closes below 145.00)
Sell Limit 145.20
Stop Loss 146.00
Take-Profit 1 144.00
Take-Profit 2 143.00
Good-till-cancelled: auto-cancel if not filled within 5 trading days of being placed
Rule: the moment one of these orders fills, cancel the other so you never have two USD/JPY shorts open at the same time.
Litecoin Is Forming A Bullish PatternLitecoin with ticker LTCUSD made nice and clean five-wave recovery back to 100 area in the 4-hour chart, which confirms support in place and bullish reversal, so it can be a higher degree wave (1), thus more upside is expected for a higher degree wave (3) after current complex W-X-Y correction in wave (2) that can be in final stages. First support is here around 90-85 area, while second deeper one would be at 80 area.
EUR/JPY Breaks Fibonacci Barrier – Room to RallyEUR/JPY has broken convincingly above the 61.8% Fibonacci retracement level at 167.42, clearing a major technical hurdle and reaffirming bullish momentum. This breakout also aligns with the pair's broader uptrend supported by the 50-day and 200-day SMAs, which are upward sloping and stacked in bullish order.
Technical Highlights:
Trend & Structure: Strong bullish structure with higher highs and higher lows; today's close above the 167.42 Fibonacci level confirms continuation.
Moving Averages: Price is comfortably above the 50-day and 200-day SMAs, with both acting as dynamic support zones.
MACD: Rising and bullish, with widening histogram bars indicating strengthening momentum.
RSI: At 70.4, the RSI has just entered overbought territory. While this signals strength, traders should also stay alert for signs of potential short-term consolidation or cooling.
Key Level to Watch: The next upside target lies near the 78.6% Fibonacci retracement at 170.93. That level could act as a magnet in the coming sessions if bullish momentum persists. Any retest of the breakout zone around 167.4 could serve as a launchpad if defended.
EUR/JPY remains technically strong, with bullish continuation favored unless price breaks back below the 50-day SMA.
-MW
GOLD Buy Setup from $3,180 | Target $3,788 📊 Gold (XAU/USD) - Medium-Term Trading Setup
⏱️ Timeframe: 4H | 📅 Date: June 20, 2025
📈 Price Action-Based Analysis with Key Demand and Supply Zones
🧠 Technical Analysis:
Gold is currently in a consolidation phase, moving within a clearly defined range-bound structure between strong support and resistance zones.
🔍 Key Levels:
Support Zone (Demand Area): ~$3,180
Resistance Zone (Supply Area): ~$3,500
Current Price: ~$3,351
📉 Scenario 1 – Bearish Retracement:
Price is expected to pull back to the demand zone near $3,180.
This level has historically acted as a strong support area with high bounce probability.
📈 Scenario 2 – Bullish Continuation:
A bullish reversal from the $3,180 zone could lead to a breakout above the $3,500 resistance.
Once broken, this breakout could accelerate upward momentum, targeting $3,788 as the next resistance based on previous highs and projection levels.
🛠️ Trade Setup Suggestion:
Buy Entry: Near $3,180 demand zone (look for bullish price action confirmation like a pin bar or engulfing candle).
Targets:
First Take Profit (TP): ~$3,500
Final Take Profit (TP): ~$3,788
Stop Loss (SL): Below $3,150 to protect against false breakouts.
📌 Important: Always wait for confirmation before entering. Risk management is crucial — never trade without a stop loss.
FOREXCOM:XAUUSD
📢 Summary:
This analysis presents a potential buy-the-dip opportunity on Gold (XAU/USD) if price retraces to the $3,180 support zone. A breakout above $3,500 would confirm bullish continuation with an upside target of $3,788. Patience and proper confirmation are key for a successful setup.
Nikkei 225 Coiling in Ascending Triangle – Breakout Imminent?The Japan 225 (Nikkei) is consolidating just beneath a major resistance level around 38,776, forming a classic ascending triangle pattern. Price has been compressing into higher lows while repeatedly testing the horizontal ceiling, hinting at a potential bullish breakout.
Key Technical Observations:
Pattern Structure: The ascending triangle, defined by rising trendline support and horizontal resistance, suggests bullish pressure is building.
Moving Averages: Price trades above both the 50-day and 200-day SMAs, reinforcing the medium-term bullish trend.
MACD: Remains flat but in positive territory, indicating underlying strength even amid consolidation.
RSI: At 58.7, RSI is neutral to bullish, showing room for further upside before entering overbought territory.
A confirmed breakout above the 38,776 resistance would validate the ascending triangle and potentially trigger a fresh bullish leg. Conversely, a break below the rising trendline would invalidate the pattern and suggest deeper consolidation or correction.
This setup favors bulls as long as the higher lows remain intact. A decisive daily close above resistance could accelerate momentum toward new highs.
-MW
Silver Pulls Back After Multi-Year HighSilver fell 2% to $35.60 per ounce, marking its third straight session in the red. The decline followed a powerful rally to 13-year highs, as traders took profits and sold off precious metals to offset losses from geopolitical turmoil.
The Fed’s steady-rate stance and warning on inflation risks tied to Trump’s new tariffs also weighed on sentiment. Adding pressure, a massive metals discovery in Argentina was confirmed, estimated to contain over 80 million ounces of gold and silver, one of the largest finds in decades.
First resistance is at 37.50, while support starts at 35.40.
ETH/USD Technical Analysis📉 ETH/USD Technical Analysis
📅 Published: June 19, 2025
🔍 Platform: TradingView | Analyst: MQL_CodedPips
🔹 Market Context:
The market structure shows a clear shift from bullish to bearish momentum after rejecting a key resistance area. The price action is now consolidating below the Ichimoku Cloud — a signal of weakness and potential continuation to the downside.
🔸 Key Technical Highlights:
Rejection from Resistance:
Price formed a clear top with a long upper wick, confirming seller dominance.
Marked rejection aligns with a previous high and overbought condition.
Bearish Ichimoku Setup:
Price is trading below the Kumo Cloud, indicating bearish sentiment.
Bearish Tenkan-Kijun crossover occurred earlier, reinforcing downside pressure.
Support Zone Reaction:
A strong bounce was seen from the marked support zone, showing short-term buyer interest.
However, price has failed to reclaim above the cloud, suggesting limited bullish strength.
Volume Profile Indication:
High volume node on the left suggests strong historical activity in that zone, but failure to hold could result in a sharp move down.
Forecast Path (Illustrated):
The chart projects a potential bearish move, targeting a retest of the support zone.
If that zone fails, a breakdown toward the $2,450–$2,425 area becomes likely.
🧭 Conclusion:
ETH/USD is showing signs of distribution after a failed breakout, now leaning bearish under key technical indicators. A confirmed breakdown below the support zone would validate the short-term bearish scenario.
Outlook:
🔻 Bearish bias while price remains below the Kumo Cloud.
📌 Watch for price action at support zone for either a bounce or breakdown.
Gold on the Edge: Will US Debt Fears Spark a Breakout?XAUUSD – Gold on the Edge: Will US Debt Fears Spark a Breakout?
After weeks of muted movement, gold is coiling within a bearish channel — but a fresh warning from Goldman Sachs may be the trigger that changes everything. With concerns mounting over America’s fiscal future, gold could be preparing for a decisive shift.
🌐 Macro View – Goldman Sachs Sounds the Alarm
🔺 Goldman Sachs recently issued a critical warning:
US national debt is expected to exceed WWII levels, with interest payments topping $1 trillion by 2025, outpacing spending on defense and healthcare.
If urgent fiscal reforms aren’t implemented, the US could face a tightening cycle that slows GDP growth without reducing the debt-to-GDP ratio.
The root causes? Excessive spending, rising interest rates, and deep political gridlock.
📌 For global investors, this type of uncertainty is often bullish for gold — especially as a hedge against both inflation and US dollar instability.
📉 Technical Outlook (Updated – M30 to H1)
Gold is still trading inside a well-defined descending channel, with sellers firmly in control.
Price is currently hovering around the pivot zone at 3,338.42, with a possible short-term bounce toward 3,368.04, the upper edge of the channel.
EMA ribbons (13–200) are sharply aligned to the downside, signaling strong bearish momentum.
If the price fails to break above 3,368, the next key support zones lie at 3,325.78, and potentially 3,309.25, where unfilled fair value gaps (FVG) await.
✅ Trade Plan
🟢 BUY ZONE: 3310 – 3308
Stop-Loss: 3303
Targets: 3314 → 3318 → 3322 → 3326 → 3330 → 3340 → 3350 → 3360 →
🟢 BUY SCALP: 3325 – 3323
Stop-Loss: 3318
Targets: 3330 → 3334 → 3338 → 3342 → 3346 → 3350 → 3360 → 3370 →
🔴 SELL ZONE: 3418 – 3420
Stop-Loss: 3424
Targets: 3414 → 3410 → 3405 → 3400 → 3396 → 3390 → 3385 → 3380
🔻 SELL SCALP: 3396 – 3398
Stop-Loss: 3403
Targets: 3392 → 3388 → 3384 → 3380 → 3375 → 3370
💬 Closing Thoughts – A Volatile End to the Week?
With US markets returning from a bank holiday and macro pressure rising, volatility could spike to close the week.
✅ Stick to disciplined SL/TP levels. Avoid premature entries and let price confirm direction.
Gold remains technically bearish — but the global debt narrative could turn this market on its head.
Prepare. Observe. Strike only when the structure aligns.
#NIFTY Intraday Support and Resistance Levels - 20/06/2025A flat opening is expected in Nifty today. After the open, all eyes will be on the 24,700 level, which has acted as a key support zone recently.
🔽 If Nifty starts trading below 24,700, downside momentum may pick up, with potential targets at 24,650 → 24,600 → 24,550-. Sustained weakness below 24,700 could attract short positions.
🔼 On the upside, if Nifty reclaims 24,750–24,800 and sustains, a bullish move may trigger toward 24,850 → 24,900 → 24,950+. However, 24,950 remains a strong resistance area from the past sessions.
⚠️ Strategy Note:
Market remains in a range-bound zone; wait for a decisive breakout for positional trades.
Use strict stop-losses and manage risk actively.
Ideal approach: scalp the range with quick profit booking unless a directional move confirms.
Gold Prices Pull Back Amid Profit-Taking and Unchanged Fed ratesMacro approach:
- Gold prices have recently pulled back as investors took profits at elevated levels to offset losses elsewhere amid rising geopolitical tensions in the Middle East and steady Fed holding rates.
- Speculation is mounting that the US may involve into the Middle East conflicts, raising fears of a broader regional tensions.
- Meanwhile, a dovish Fed outlook signaling two potential rate cuts this year and concerns over growing US debt continues to provide underlying support for gold prices.
Technical approach:
- XAUUSD is retesting EMA21, and the support level is around 3560. The price is above both EMAs, indicating that the upward momentum is intact.
- If XAUUSD closes below EMA21, it may continue to plunge and retest the following support at 3285, which is the confluence with the ascending trendline.
- On the contrary, remaining above 3560 may prompt a potential retest of the key resistance at around 3430.
Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
HYPER ANALYSIS🔮 #HYPER Analysis - Update 🚀🚀
💲 We can see that there is a formation of Falling Wedge Wedge Pattern in #HYPER and we can see a bullish movement after a good breakout. Before that we would see a little retest and and then a bullish movement.
💸Current Price -- $0.1087
📈Target Price -- $0.1358
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#HYPER #Cryptocurrency #Breakout #DYOR
Yen Edges Higher as Inflation SurgesThe Japanese yen traded stronger near 145 per dollar, rebounding as Japan’s core inflation rose for the third straight month to 3.7%, its highest since January 2023. The data strengthens expectations that the Bank of Japan may continue policy tightening.
Earlier in the week, the BOJ held rates at 0.5% but highlighted how rising wages are being passed on to consumers, keeping inflation elevated. Governor Kazuo Ueda emphasized a data-driven path forward, keeping the door open for more hikes if needed.
The key resistance is at $145.30, while the major support is located at $142.50.
Nightly $SPY / $SPX Scenarios for June 20, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for June 20, 2025 🔮
🌍 Market-Moving News 🌍
🏦 Fed Holds Rates, Warns on Tariffs
Fed kept interest rates steady on June 19, cautioning that tariffs could stoke inflation and slow growth. Inflation projections were raised from 2.7% to 3.0%, while growth estimates were revised lower to 1.4%
🌍 Middle East Risk Drags Markets
Global stocks fell and safe-haven assets surged after U.S. futures weakened amid heightened tensions in the Israel–Iran conflict. Yields were mixed: gold weakened and bonds gained, while oil held steady near seven-week highs
📈 Treasury Yields Edge Higher
Despite safe-haven demand, U.S. 10‑year yields ticked up as markets absorbed the Fed’s updated rate outlook. The yield curve remains elevated ahead of next week’s $38 bn auction of long-dated notes
📊 Key Data Releases 📊
📅 Friday, June 20:
(No major U.S. economic reports)
Markets will be driven by Fed commentary follow-ups and geopolitical headlines over the weekend.
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #geopolitics #fixedincome #inflation #charting #technicalanalysis