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GOLD → Within range. Retest resistance at 3347FX:XAUUSD continues to correct after a false breakdown of support at 3300. Due to uncertainty, the price may remain in the range of 3300-3340 for some time. Gold is fluctuating amid a weak dollar and uncertainty over Fed rates. Gold is struggling to hold on after rebounding from weekly lows, despite the US dollar falling to multi-year lows. Pressure on the dollar has intensified due to Trump's criticism of the Fed and rumors of a possible replacement for Powell. However, gold is limited in its growth due to a pause in geopolitical tensions and hawkish signals from the Fed chair. Investors are awaiting key macro data from the US (e 12:30 GMT Durable goods orders, GDP, Initial Jobless Claims) and especially the PCE inflation report on Friday. Technically, the focus is on key areas of interest: 3300, 3306, 3340, 3347. Until strong news emerges, an intraday trading strategy should be considered. Resistance levels: 3347, 3357 Support levels: 3320, 3307, 3300 Technically, a false breakout of resistance at 3347 and a retest of the local liquidity zone at 3320-3307 are possible before growth continues for the reasons mentioned above. Targets could be 3347, 3364, 3372, and 3396. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
26
GBPUSD → Pre-breakout consolidation. One step away from a rallyFX:GBPUSD is trading in consolidation. Against the backdrop of the falling dollar index, the currency pair is testing resistance at 1.3632 but is not yet ready to bounce down. Against the backdrop of the dollar's decline due to fundamental reasons, the GBPUSD currency pair is strengthening. Technically, this could lead to the price breaking out of consolidation upwards. A pre-breakout base is forming relative to the upper boundary of consolidation. The price is compressing towards the level, volatility is decreasing, which in general could lead to a breakout of resistance - trigger 1.3632. The exit from consolidation may be accompanied by distribution. The liquidity zone with W1 can be considered as a target. Resistance levels: 1.3632, 1.3743 Support levels: 1.3593, 1.3508 The global and local trends are bullish. After growth, consolidation is forming. Against the backdrop of the falling dollar, GBPUSD is testing resistance. The reaction to the false breakout of resistance is weak. The chances of a breakout are quite high. Best regards, R. Linda!
Long
by RLinda
14
GOLD → Attempt to buy back the fall. Uncertainty factorFX:XAUUSD is falling within our expectations. After breaking through the trigger-level of 3340, the price fell to the liquidity zone of 3306. There is uncertainty in the market... Gold is rising after a false break of support at 3300-3306, interrupting a three-day decline amid a weakening dollar and ongoing tensions in the Middle East. Investors are cautious due to the unstable truce between Iran and Israel, while the decline in USD/JPY after the Bank of Japan's statements and the rise in PPI in Japan are further supporting demand for gold. Powell's comments on the need for caution in monetary policy only temporarily strengthened the dollar. Now the market is focused on US housing data and the second day of Powell's speech Technically, the price may consolidate at 3306-3347 for some time and only then show us (against the backdrop of the fundamental sentiment that has formed) which direction it will then take Resistance levels: 3347, 3364, 3372 Support levels: 3319, 3307 The market is trying to buy back the decline. Tuesday's daily session closed with a long shadow, indicating interest in this price range. A pullback to 3320-3310 is possible before growth to 3340-3347. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
20
SOONUSDT → The coin that gets killed...BINANCE:SOONUSDT.P is under pressure. The coin looks extremely weak against the backdrop of a bullish market, with key support ahead, separating traders from the panic zone and a sharp decline This coin is being killed. The price is gradually consolidating and compressing before support - the trigger is 0.2332. Against the backdrop of the overall decline that the market has experienced after a slight impulse from 0.2332, shocks are forming with the aim of capturing liquidity (red check marks). This generally indicates that large players are gathering a bearish position. A breakout of the risk zone will trigger panic and distribution. Against the backdrop of growth in Bitcoin and the top 10 cryptocurrencies (bull market), the SOON coin is gradually declining and contracting towards key support, which could be broken accompanied by strong sell-offs. Resistance levels: 0.2478, 0.25777 Support levels: 0.2332 If the coin continues to contract towards the 0.2332 support and form a pre-breakdown consolidation, there will be little chance of survival. In the short and medium term, I expect prices to fall. Best regards, R. Linda!
BINANCE:SOONUSDT.PShort
by RLinda
6
GBPAUD → Countertrend liquidity captureFX:GBPAUD is forming a countertrend correction within a global uptrend and testing the support level with W1-D1, forming a false breakdown... Against the backdrop of the dollar's correction, GBP/XXX pairs are strengthening. On the weekly timeframe, GBPAUD is forming a retest of support at 1.067 (false breakdown) within an upward bullish trend. Unable to continue falling, the price returns above 1.0673 and consolidates in the buying zone. A breakdown of the structure will confirm the bullish sentiment. Support levels: 2.0673 Resistance levels: 2.0785, 2.0852 If the bulls manage to hold their ground above the 2.067 support level within the current structure, the currency pair will have a good chance of returning to the bullish trend. Best regards, R. Linda!
Long
by RLinda
4
EURAUD → Breakout and consolidation above key supportOANDA:EURAUD is trying to consolidate above the key support zone of 1.76 - 1.77. Within the uptrend, bulls have a fairly good chance. The market continues to break of structure, confirming the bullish sentiment on the chart. A correction is forming from 1.7882. Before rising, the price may test support. The currency pair is supported by its own bullish trend and the falling dollar (especially against the backdrop of economic problems with the USD (DXY)). Technically, the currency pair looks quite positive. After the formation of another ‘bos’, we are seeing a correction to the Fibonacci zone of 0.7 and support at 1.7696. If, during the retest, the bulls manage to hold their ground above the key support level, growth may continue in the medium term. Support levels: 1.7696, 1.7629, 1.7463 Resistance levels: 1.7882, 1.7988 Locally, a reversal pattern is forming relative to the specified zone (as part of a correction). We need to wait for confirmation (price consolidation above the level). The potential within the bullish trend is quite large, and in the medium and long term, the price may test 1.85. Best regards, R. Linda!
Long
by RLinda
4
GOLD → Declining interest. Retest of supportFX:XAUUSD experienced significant volatility toward the end of the US trading session. This was due to developments in the Middle East. The de-escalation of the situation is leading to a decline in interest in the metal. The announced ceasefire between Iran and Israel has reduced demand for gold as a safe-haven asset, while falling oil prices have reduced its appeal as a hedge against inflation. Gold is supported by expectations of a Fed rate cut in July. The focus is on Fed Chair Powell's testimony before Congress and further developments in the Middle East. Technically, the price confirms the local bearish structure. A continued assault on the 3340 support level could trigger a further decline. Support levels: 3343-3340, 3320 Resistance levels: 3360, 3366 Focus on the trading range (consolidation) 3340 - 3400. De-escalation of the conflict in the Middle East may lead to a decline in interest in gold as a hedge asset, which may cause the price to break down of consolidation. If the retest of 3340 continues, the price will begin to contract before the level, in which case the chances of a breakdown and decline will only increase. The target will be the liquidity zone of 3320 - 3306 Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
38
GBPJPY → Assault on the resistance 196.400FX:GBPJPY under the pressure of the bull market breaks through the resistance with the aim of possible continuation of growth and retest of the liquidity zone Against the background of the dollar growth, the Japanese yen is losing value, which in general may provide support for the currency pair GBPJPY The currency pair, after a false breakout of the key resistance and a small correction, technically, the bullish structure has not broken. The price returns to the resistance at 196.400 and breaks it. If the bulls hold their defenses above the level, we can expect a rise Resistance levels: 196.400, 198.24 Support levels: 195.94, 195.45 Consolidation above 196.400, retest and break of 196.93 may trigger continuation of the growth. Zones of interest 198.24, 198.94 Regards R. Linda!
Long
by RLinda
4
ETHEREUM → Rally and liquidity capture. Up or down?BINANCE:ETHUSDT.P is strengthening following Bitcoin. This is a reaction to developments in the Middle East, namely Trump's comments on peace. But there are doubts... The crypto market is reacting to the situation in the Middle East, namely Trump's statements about peace. But apart from him, no one else is talking about peace. No agreements have been reached, so the level of risk is quite high. Another nuance hinting at the general mood in the market: 66% of the largest traders on Hyperliquid are currently shorting crypto — Cointelegraph ETH, technically, has stopped in the trend resistance zone as part of a local rally in the Pacific session. If there is not enough potential to break through the trend resistance and the price forms a false breakout of 2390, the local trend may continue Resistance levels: 2433, 2475 Support levels: 2390, 2313 The inability to continue growth will confirm the fact of bearish pressure (market distrust of the bullish momentum). The past momentum, in hindsight, can be considered manipulation (liquidity capture). Consolidation below 2390 may trigger a decline. Best regards, R. Linda!
Short
by RLinda
4
GOLD → Risk zone 3340. Sell-off after rallyFX:XAUUSD , after breaking out of its accumulation phase, rallied towards the 3400 zone of interest, but failed to reach liquidity and reversed, selling off its gains due to economic uncertainty. In my opinion, the market is unexpectedly subdued and has reacted very weakly to geopolitical problems in the Middle East. The market has digested the news of US airstrikes on Iranian nuclear facilities and is awaiting PMI data from the US and the eurozone, Fed statements, US GDP and other macroeconomic data. The uncertainty factor has done its job... Participants fear further escalation of the conflict, but so far Iran has refrained from taking drastic steps, which has reduced demand for gold as a safe haven asset. Geopolitics and macro statistics remain in focus. Technically, gold is trading above 3340 (in the buy zone). A retest of the liquidity zone is possible, and if buyers keep the market above 3340-3350, the price may continue to rise. Support levels: 3347, 3342, 3320 Resistance levels: 3366, 3396 On D1, the key level is the 3340-3347 area. At the moment, we are seeing a sell-off and a move to retest support. Accordingly, a false breakdown and price holding above 3340, followed by a change in character and a breakdown of the bullish structure, will hint at growth. But if the reaction at 3340 is weak and the market continues to storm this support, then in this case, the metal could drop to 3300 Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
18
ADAUSDT → Bear market. Support breakdownBINANCE:ADAUSDT.P is in the distribution phase after exiting consolidation. The coin continues to update local lows within a downtrend. Technically, the cryptocurrency market is in stagnation/correction, as there is no bullish driver yet. Bitcoin is currently consolidating but continues to shoot local downward impulses, which generally has a negative impact on coins. ADA is entering a distribution phase of accumulation formed in the range of 0.62 - 0.71. If the bears keep the price below 0.62-0.6, ADA may well test the intermediate bottom of 0.5364-0.51 Resistance levels: 0.61, 0.62 Support levels: 0.5993, 0.5364 Focus on 0.61 and the local level of 0.5993. Price consolidation below this zone could confirm the bearish nature of the market, which could lead to another decline. Best regards, R. Linda!
Short
by RLinda
7
BITCOIN → Possibility of retesting 100K. Buyer weakeningBINANCE:BTCUSDT.P is in consolidation after the rally stalled due to the exhaustion of the bullish driver. The price updates local lows and starts looking at 100K Bitcoin is under pressure after the escalation of conflict in the middle east and after the FOMC speech. There is also another observation: large companies, politicians, funds and investors have long and aggressively motivate the crowd to buy, verbally confirming that they bought dozens and hundreds of bitcoins at a time for the balance, but bitcoin is standing still and updating lows. At the same time, various services such as "cryptorank" fix bullish sentiment at the lows. The market either lacks liquidity or something more unpredictable is happening (chart drawing????) Technically, bitcoin is following the behavior of the SP500 quite strongly, which closes Friday's session quite weak and close to key support, which could trigger a continuation of the decline. Bitcoin won't stay on the sidelines and could also follow the index.... Resistance levels: 104K, 105K, 106K Support levels: 102K, 100.6K, 97.5K The price is coming out of the “symmetrical triangle” consolidation breaking the support, thus confirming the bearish mood. After a small correction after a false breakdown of 102500 the price may again return to storm (retest) the level under market pressure, which will only strengthen expectations of further decline. The target is liquidity 100600 - 100K. From 100K rebound and growth is possible. Regards R. Linda!
Short
by RLinda
38
GOLD → Consolidation within a falling wedgeFX:XAUUSD is consolidating. A major player is gathering a trading position inside a wedge ahead of distribution. But the main question is: in which direction? Gold lost ground again on Friday after mixed holiday trading on Thursday. Traders are waiting for new signals from the Fed and monitoring the situation in the Middle East. Interestingly, gold fell as the conflict escalated further (which is not logical overall). The dollar is in a global bearish trend, and traders are waiting for a decision from Powell (who is under pressure from Trump to cut rates). Technically, if we look at the wedge, we can see how difficult it is for the market to move. The price is stuck inside the consolidation. The intraday movement is very short, with long tails and a very weak reaction to both false breakouts and level break. Large players are building up positions inside the current channel. This may only hint at the possibility of future implementation (distribution). Resistance levels: 3360, 3396, 3420 Support levels: 3338, 3320, 3302 On D1 - H4, gold is in a countertrend (bullish trend) correction and is testing the trend support + 0.7 Fibo zone. Below, there are fairly strong areas of interest — 3320 and 3302 — which gold may test before rising. However, within the wedge, there is a fairly high probability of a breakout of resistance and the 3360 level, followed by a rally to the liquidity zone at 3396 Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
14
GOLD → Continuation of the global trend... To 3350?FX:XAUUSD is testing trend support within a correction. Against a complex fundamental backdrop (the Middle East, Fed comments, Trump's desire to lower rates), the price may continue to rise. The price of gold rose from a weekly low of $3,363 on Thursday thanks to increased demand for safe-haven assets following reports of possible US strikes on Iran. Markets are ignoring the Fed's hawkish decision to maintain its tight policy and rate forecasts. Traders are waiting for new signals from the Middle East, given the risk of increased volatility due to low liquidity in connection with the US holiday. Technically, a bullish wedge pattern is forming as part of the correction. The breakdown of the pattern's support did not lead to a decline, but a return of prices and a breakout of resistance could trigger growth after liquidity returns. Resistance levels: 3373, 3403, 3420 Support levels: 3349, 3320 Before growth, a retest of the trend support or the 3350 zone is possible. However, if the price goes above 3375 and the bulls hold their ground above this level, then we can expect growth to continue within the trend. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
21
NXPCUSDT → The coin is being killed. Searching for a new bottomNXPCUSDT is testing the bottom at 1.1675 while Bitcoin and the top 10 cryptocurrencies are in a global/local bullish trend... NXPCUSDT is showing its weakness in the cryptocurrency market. There is no potential or driver for the coin, and it continues to be killed... Against the backdrop of a growing market and Bitcoin forming a bullish trend, the NXPC coin is testing the bottom... After a strong and long-term decline, the NXPC coin is forming a flat (consolidation) in the range of 1.5637 - 1.1675. A pre-breakdown base is forming relative to support, which could lead to the price breaking out of consolidation downwards... Resistance levels: 1.2532 Support levels: 1.1675 Focus on support for the range and bottom in the current coin at 1.1675. This is a risk zone and a panic zone. If the price breaks out of this consolidation, there are no obstacles below and the fall could be aggressive. A breakout of the consolidation support could trigger a continuation of the rally or a decline with the aim of forming a new bottom... Best regards, R. Linda!
Short
by RLinda
6
GOLD → Consolidation. Awaiting the FOMC meetingFX:XAUUSD is consolidating in the range of 3403 - 3373. The problem is that there is news ahead. FOMC and interest rate meeting. The market may react in any unpredictable way... On Wednesday, the price of gold retreated from $3,400 as sentiment stabilized and investors focused on the upcoming Fed decision. Tensions in the Middle East remain high, but there is less panic in the markets. The Fed is expected to leave rates unchanged. The focus is on forecasts for rates, growth, and inflation. Dovish signals could support gold and weaken the dollar. If the Fed is more cautious due to oil and the conflict in the Middle East, the dollar could rise and gold could fall. Technical nuances are irrelevant in this case, as price behavior depends on the market's interpretation of fundamental factors. Resistance levels: 3403, 3420 Support levels: 3373, 3339 BUT! Technically, I would say that there is pressure from the bears. The price is compressing towards the support level of 3373. The market remains unbalanced in favor of buyers, and it is logical that market makers will be interested in testing the trend support zone or the 3339 level (due to the liquidity pool) before continuing to rise (gold may continue to rise both if rates are lowered and if they remain at the same level. However, the tone of the Fed will play a major role here) Best regards, R. Linda!
FX:XAUUSD
by RLinda
17
GBPUSD may form a false break of supportGBPUSD has wasted the entire daily move (ATR) and is forming a false break of the mirror level support and trading range support. The price fell on the background of the dollar growth (which is trading on the background of the global downtrend) Now, while the price is consolidating below the mirror level, sellers (physical persons) open deals. But, based on the situation and spent ATR when the price returns inside the range there will be a liquidation stage, which can provoke the price growth The price fixing above 1.34437 may be the beginning of a pullback (trend growth). Scenario: if the decline does not continue, and the price is able to consolidate above 1.3448, in this case we can expect a correction to 1.35, 1.353.
Long
by AndeWave
12