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Bullish Inflation Data Fuels Gold Rebound — Impulsive Waves!?Gold ( OANDA:XAUUSD ) started to fall from the Resistance zone($3,280-$3,245) as I expected in the previous idea , but 50_SMA(Daily) and Support lines were able to hold Gold . ---------------------------------- Today, key U.S. economic data was released: Core PPI m/m: -0.4% (vs. 0.3% forecast) Core Retail Sales m/m: 0.1% (vs. 0.3% expected) PPI m/m: -0.5% (vs. 0.2% forecast) Retail Sales m/m: 0.1% (in line) Unemployment Claims: 229K (as expected) Outlook : The weaker-than-expected inflation data, especially the PPI figures, indicate easing inflationary pressures. This may increase expectations for potential Fed rate cuts, which generally supports gold as a non-yielding asset. Conclusion : Today’s data is overall bullish for gold. Watch for continued upside if sentiment shifts further toward dovish Fed expectations. However, keep an eye on upcoming Fed commentary for confirmation. ---------------------------------- Gold is moving above the Heavy Support zone($3,200-$3,136) and has managed to break the Resistance lines . In terms of Elliott Wave theory , Gold seems to have completed the corrective waves , and we can expect the start of an impulsive wave . Breaking the Resistance zone($3,280-$3,245) can be a good sign for the start of an impulsive wave and a gold pump . I expect Gold to start rising again after a pullback to the Resistance lines(broken) , probably from the Fibonacci Levels inside the chart , and attack the Resistance zone($3,280-$3,245) . Note: If Gold touches $3,154 , we can expect more dumps. Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
22
AMDWell, price made it into the box as I had forecasted. Is the pattern done for now to the upside? We cannot say yet, but if it does move higher, we should be looking to the 1.618 @ $126.16 for a reaction. I think another high to the 1.618 would fit great into the pattern after some slight consolidation to lower MACD. If we can do that before making another high, we would be carving out some neg div to help push price down for minor B. Once we do in fact have a top in place for minor A, I will draw some fibs to help track the move lower. As of now, I am seeing the $85-$92 area for B to drop to. Eventually, I see this pattern up in the $150-$180 range for the (B) wave completion. It will be some time before (B) completes though. (A) took 13 months to complete. If (B) follows suit that means it won't be done until around April-May 2026. Let me know if you have any questions.
NASDAQ:AMD
by TSuth
5
Short-term correction waves.Ethereum’s RSI has been rising significantly recently and has reached the overbought region. Therefore, it would not be surprising if it drops to the RSI mid-band from here. Then I expect Ethereum to continue its bullish waves. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.
Short
by traderisso
OCTOPUS SHORTSELLTRADEOCTOPUS been in DOWNTREND since Sep 2024. Recent up leg has been mostly due to across the board Bullish Sentiments because of improvement in Geo Political Environment. Current Up Move is also just a healthy Pullback in overall Downtrend. There's strong Bearish Breaker Block overhead current levels which will obstruct any upward movement. 🚨 TECHNICAL SHORT SELL CALL –OCTOPUS🚨 🎯 SHORTSELL ZONE : 53-56 📈 TP 1: Rs. 47 📈 TP2 : Rs. 38 🛑 STOP LOSS: Above Rs. 60 (Daily Close) 📊 RISK-REWARD: High Conviction | 1:3.5 Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
PSX:OCTOPUSShort
by Mushtaque77
Analysis of the latest gold trend on May 19: Core logic analysis Negative factors The strengthening of the US dollar: the cooling of the Fed's interest rate cut expectations (the market is currently pricing in a 58 basis point rate cut by the end of the year, a significant reduction from April) suppresses the attractiveness of gold. Risk appetite rebounds: The easing of Sino-US trade tensions weakens the demand for safe-haven assets, leading to long-term profit-taking. Technical selling pressure: The weekly big negative line (a drop of nearly 4%) forms a short-term bearish trend, and we need to be vigilant about the risk of further correction. Potential support Long-term downward trend in real interest rates: If the Fed starts a rate cut cycle this year, gold will still have allocation value in the medium and long term. Key technical support: There is long defense in the 3150-3140 area (daily line division and channel lower track), and if it stabilizes, it may trigger a rebound. Key technical points Upper resistance: 3210-3212 (anti-pressure point on Friday, May 16, which may confirm the short-term bottom after breaking through) 3230-3250 (strong resistance area, short orders can be considered when rebounding to this point). Support below: 3170-3150 (core support area, if it falls below, it will look down to the previous low of 3120) 3140 (lower channel track, breaking may trigger an accelerated decline). Operation strategy for next week 1. Trading in the shock range (high probability scenario) Bull opportunity: If it falls back to the 3150-3170 area and stabilizes (such as the K-line closes with a long lower shadow or the hourly chart diverges), go long with a light position, stop loss below 3140, and target 3210-3230. Confirmation signal on the right: If the price stabilizes above 3212, you can follow up with a long order, with a target of 3250. Short opportunity: Rebound to 3230-3250 under pressure (if a stagflation pattern appears), go short, stop loss 3260, and target 3180-3150. 2. Breakthrough and follow-up strategy Break above 3250: may start a new round of uptrend, follow up long orders when it falls back to 3230, target 3300. Break below 3140: beware of deep correction, short at rebound 3160, target 3120-3100. Risk warning News disturbance: If the speeches of Fed officials and US economic data (such as CPI and retail sales) strengthen the expectation of interest rate cuts, it may reverse the decline of gold. The sudden escalation of the geopolitical situation (Russia-Ukraine conflict, etc.) will boost safe-haven buying. Position management: The current market is volatile, it is recommended to enter the market in batches with light positions and strictly stop losses (3-5 US dollars is appropriate). Summary Next week, gold is likely to fluctuate and bottom out in the range of 3150-3250, focusing on the gains and losses of 3150 support and 3212 breakthrough. Investors need to respond flexibly, avoid chasing ups and downs, and wait for key positions to be confirmed before trading in line with the trend. In the medium and long term, if the Fed's policy changes, gold still has upside potential, but it needs to digest technical selling pressure in the short term.
FOREXCOM:XAUUSD
by Golden_Line_FX
BITCOIN Will Go Higher! Long! Here is our detailed technical review for BITCOIN. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 102,856.61. The above observations make me that the market will inevitably achieve 117,574.76 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. 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!
TRADENATION:BTCUSDLong
by SignalProvider
1
USDJPY Will Go Up! Buy! Take a look at our analysis for USDJPY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 144.899. Taking into consideration the structure & trend analysis, I believe that the market will reach 146.054 level soon. 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!
Long
by SignalProvider
1
Europe’s Political Powder Keg: Markets on Edge!🔥 Europe’s Political Powder Keg: Markets on Edge! 🔥 Europe’s elections just dropped a BOMB! 💣 Poland (May 18), Portugal (May 18), and Romania (May 4 & 18) rejected far-right surges, but the center’s crumbling. 🇪🇺 Poland’s pro-EU Trzaskowski barely leads—June 1 runoff could flip it! Portugal’s Chega is shaking the old guard, and Romania’s Nicușor Dan rides an anti-corruption wave. Why care? Political chaos = market volatility. 📉 EUR/USD is wobbling, DAX could tank, and defense stocks (🇺🇦 ties) are in play. 💡 Trade Idea: Overlay EUR/USD with election dates (May 4, May 18, June 1) to catch volatility spikes. ❓ What’s your move? Will Europe’s turmoil crash markets or spark a rally? Drop your take below! 👇
by DCAChampion
Barrick Gold Corporation ($ABX): Golden Opportunity or Risky Barrick Gold Corporation (ABX): Golden Opportunity or Risky Prospect? 🏆💰 1/10 Barrick Gold TSX:ABX has seen a solid financial performance recently. EPS for the last quarter hit C$0.42, with next quarter estimates at C$0.63. They beat estimates 75% of the time in the past year. 📈 2/10 Analysts are bullish! The average price target is C$33.57, implying a potential upside of 50.13% from the current C$22.36 price. Strong Buy ratings dominate: 10 Buy, 2 Hold. 🔍 What do analysts know that the market doesn’t? 3/10 However, ABX is facing operational challenges. A suspension in Mali due to government intervention highlights geopolitical risks in mining. 🛑 Regulatory challenges are part of the gold mining game. 4/10 Stock price check: ABX currently trades at C$23.15. That’s 20.94% below its 52-week high of C$29.28 but 21.59% above its low. What does this tell us? Room for recovery, but risks loom. 📊 5/10 Valuation time! Compared to sector peers, Barrick offers an attractive price level, especially given the 50% upside target. Analysts love undervalued plays like this, but what about the risks? 🤔 6/10 Strengths: Barrick operates across multiple countries, ensuring diversified production. That’s crucial in a volatile gold market. 🌍 Diversification is a key defensive strategy here. 7/10 Challenges: High operational costs are always a concern. Pair that with political instability, like the Mali suspension, and ABX faces a steep uphill climb. 🏔️ How much risk are you willing to take on? 8/10 Opportunities: Expansion is always on the table. With gold prices looking stable, Barrick could capitalize on new projects or mines. But timing matters in this market. ⛏️ 9/10 Threats: Regulatory and political risks never sleep. Changes in mining laws or political unrest can hit Barrick hard—Mali’s situation is a prime example. Always know your risks. ⚠️ 10/10 What’s your take on Barrick Gold TSX:ABX ? Will it strike gold again? Vote here! 🗳️ Buy for the long term 📈 Hold and watch growth 🔄 Too risky, avoid 🚫
TSX:ABXLong
by DCAChampion
2
The US Dollar – Under Selling Pressure Today💵 US Dollar Index (DXY) – Still Under Selling Pressure 📉 Current Zone: 100.29 The DXY continues its bearish momentum after failing to reclaim the technical resistance zone between 101.27 and 102.20. 🔍 Key Zone Analysis: 🔴 Technical Resistance Zone: 101.267 – 102.206 → Heavily rejected, confirming strong selling pressure. 🟢 Fundamental Support Zone: 99.447 – 99.939 → Key psychological level closely monitored by institutional players. 📊 Current Scenario: 🔻 As long as price stays below 101.26, the bearish bias remains intact. 📉 Downside target: retest of the 99.44 – 99.90 zone. ❌ Invalidation: clean break and close above 102.20. ⚠️ Events to Watch This Week: Federal Reserve speeches Key U.S. macro data (jobs, inflation) The DXY remains vulnerable to any signs of rate easing or economic slowdown. 📘 Reminder: The information provided is for educational purposes only. It does not constitute financial advice or an investment recommendation. 💬 Boost if you’re watching the DXY too! What’s your view on this support zone? 👇
TVC:DXYShort
by Karim_Massoun
1
#SUI/USDT#SUI The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 3.64. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 Moving Average. Entry price: 3.70 First target: 3.77 Second target: 3.84 Third target: 3.96
Long
by CryptoAnalystSignal
Spy Road To?Weekly Thesis for SPY Weekly High: $594.50 Weekly Low: $589.28 Weekly Close: $594.20 52-Week Range: $481.80 – $613.23 Critical Breakdown Level: 581 Why 581 matters: It sits well below S₃ (585.60) and aligns closely with the 38.2% Fibonacci retracement of the past four-week swing (High 594.50 → Low 566.76), which calculates to roughly 581.10. A decisive weekly close below 581 would breach both pivot-derived supports and this Fibonacci zone, opening the door to deeper pullbacks toward the May 9 low near $564.34 Potential Sell-Wall at 604 Why 604 is a resistance cluster: It sits just above R₃ (601.26), a confluence of weekly pivot resistance and likely profit-taking levels. A series of limit orders tend to cluster near these round-number extensions, forming a “sell wall” that may cap any rally unless broken on strong volume. 4. Strategy & Outlook Caution advised: SPY must hold above 581 on a weekly close basis. A failure to do so would invalidate the recent up-move and likely lead to a test of lower support zones around 587 and 585, then potentially the mid-560s. Bullish breakout: Only a sustained weekly close above 604—ideally on above-average volume—would signal renewed upside conviction and pave the way toward the 52-week high at $613+. Action plan: Wait for confirmation – don’t enter new longs until either 581 holds convincingly or 604 is cleared. Use tight risk controls – if deploying swing trades, place stops just below 581 for longs or just above 604 for shorts. Monitor volume – validate any breakout/breakdown with volume spikes to confirm institutional participation. Im Waiting On Confirmation as Always Safe Trades & JoeWtrades
AMEX:SPY
by JoeWtrades
GBPCAD Is Bullish! Long! Here is our detailed technical review for GBPCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.865. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.902 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. 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!
Long
by SignalProvider
1
USOIL A Fall Expected! SELL! My dear followers, This is my opinion on the USOIL next move: The asset is approaching an important pivot point 61.87 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 61.38 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TVC:USOILShort
by AnabelSignals
1
SILVER My Opinion! BUY! My dear friends, Please, find my technical outlook for SILVER below: The instrument tests an important psychological level 32.284 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 32.607 Recommended Stop Loss - 32.097 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TRADENATION:XAGUSDLong
by AnabelSignals
1