Gold is reacting from the 4,510 – 4,526 support zone after a strong bearish move. The recent low shows a possible liquidity sweep, but the recovery is not fully confirmed yet. The bullish scenario remains valid if price holds above 4,510 and breaks through 4,540 – 4,550. A clean breakout could open the way towards 4,580 – 4,590, where price may retest the broken trendline area. If momentum continues above that zone, the next target is around 4,619 – 4,620. 🧠 Sphyn View I am leaning towards a short-term recovery after the liquidity sweep, but I do not see this as a strong bullish reversal yet. Price needs to reclaim 4,540 – 4,550 first. If Gold fails below this area and loses 4,510, the bullish setup becomes weak and the market could sweep lower towards 4,500 – 4,490.... Read more

On the 2D timeframe, the TURBO/USDT pair is moving within a clearly defined Descending Channel pattern. This channel is characterized by: 🔻 Consistent Lower Highs (LH) at the upper trendline (red resistance) 🔻 Maintained Lower Lows (LL) at the lower trendline (yellow support) 📉 This structure reflects a dominant bearish trend in the medium term However, price is now approaching the channel resistance area ⚠️, which is a critical point for determining the next move. --- 📐📉 Pattern Explanation: Descending Channel A Descending Channel is a pattern that: 📉 Typically acts as a bearish continuation pattern 🔄 But can turn into a bullish reversal if a breakout occurs to the upside 📊 The more often price tests resistance → the higher the breakout probability 📌 In this chart: 🔁 Price has retested the upper boundary multiple times 🐢 Bearish momentum appears to be weakening 📦 There are signs of compression... Read more

Bitcoin is already hitting a higher high this week, yesterday and today. Bitcoin is already trading above $80,000 but what is happening with ETH? The highest price ETHUSDT hit mid-April, the 13-week. Price tag $2,465. It is very different to Bitcoin but Ethereum and BTC tend to move in the same way, in the same direction when it comes to the broader market cycle and the big picture. This will help us predict what Ether will do next with a high level of certainty. No cheating, 100% technical analysis—TA. Bitcoin already challenged its November 2025 floor at $80,600. This level already breaking as resistance—Bitcoin is moving higher. Ethereum's November 2025 floor stands at $2,623, a nice and easy 11% rise. With 10X, 111%. This is the awesomeness of technical analysis, the beauty of TA. By looking at the whole market, several projects at one and their relation, we can make... Read more

The short‑term Elliott Wave view in Gold (XAUUSD) shows that the rally from the March 23 low completed as wave (1) at 4889.24. After this peak, a corrective pullback in wave (2) began, retracing the cycle from the March 23 low. The internal subdivision of this pullback is unfolding as a double three Elliott Wave structure, a common corrective pattern. From wave (1), the decline in wave ((a)) ended at 4657.48, while the rally in wave ((b)) terminated at 4740.32. The metal then moved lower in wave ((c)), reaching 4509.88, which completed wave W at a higher degree. The subsequent rally in wave X unfolded as a zigzag structure. Within this sequence, wave ((a)) ended at 4646.95, the pullback in wave ((b)) concluded at 4559.93, and the final leg in wave ((c)) advanced to 4660.28. This completed wave X in higher degree. At present, wave Y lower is progressing, continuing... Read more

Gold Analysis: 4-Hour Chart: Resistance: 4600; Support: 4500. 1-Hour Chart: Resistance: 4555; Support: 4525. In the previous trading day, gold prices fell in a step-like pattern during the Asian session, reaching a low of $4593 before rebounding. During the European and American sessions, gold prices fell sharply, reaching a low of around $4501. The 5-day and 10-day moving averages are trending downwards, the TRIX indicator has formed a death cross, and the MACD indicator's fast and slow lines are running below the zero line with a downward crossover, and the downward momentum bars are increasing, indicating a bearish trend on the daily chart. On the hourly chart, gold rebounded after retracing to $4513 during the Asian session and is currently trading around $4540. The KDJ indicator has turned from oversold to a low-level golden cross, and the accompanying indicators are turning upwards. The MACD indicator's fast and slow lines are... Read more

Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. Trendline: A trendline is a straight line drawn on a chart to represent the... Read more

- XAUUSD/H1: The market is currently maintaining a downtrend as the price broke through the ascending trendline and key resistance levels (457x - 458x), indicating that selling pressure is still in control. The current upward movement is merely a technical rebound after yesterday's sharp decline. - Multi-timeframe EMAs (H4 - H2 - H1) support the downtrend as EMA34 is below EMA89. With the price still fluctuating below the resistance zone near 456x, investors are still looking for selling opportunities, and sentiment is focused on awaiting new information regarding the US-Iran situation. - The (4573 - 4581) zone is a crucial resistance level in the rebound; if the price breaks through this zone, the uptrend will recover. The (4501 - 4510) zone is a crucial support level; if the price continues to break through this zone, a deeper correction is likely. ✅ VIEW: 1. SELL SCENARIO: - The price is still... Read more

📊 Crude Oil Outlook | Continuation Toward Higher Levels? Crude Oil (MCX) is showing strong bullish momentum after a sharp impulsive move from lower levels, indicating a potential continuation structure. 📌 Key Observations: • Strong bullish expansion after consolidation • Price trading above key Fibonacci levels • Liquidity zones forming above current price 📊 Key Levels to Watch: • 10816 — Intermediate resistance / liquidity zone • 11815 — Higher timeframe objective area 🔍 Market Behavior Insight: Price is currently approaching a liquidity zone, and continuation may occur if momentum sustains above current levels. 🔄 Possible Scenario: If price holds strength and respects nearby support zones, it may continue toward higher levels, with 10816 acting as a stepping level before any extended move toward 11815. 🧠 Technical Confluence: • Fibonacci extension levels • Liquidity-based continuation • Strong bullish structure ⚠️ Disclaimer: This analysis is for educational purposes only and not... Read more

Hey Traders; From the previous video i called out that price could retrace as far back as 1.35000 weekly area, an area that we could see expect a sharp move from. Right now the market is still pushing to the downside but we would have to break above an area of resistance in order for price to continue with the initial bullish momentum of the weekly... Read more

Nifty may opened on gap up note around at 24170 levels as per gift nifty in today trading session. Coming to yesterday nifty opened around at 24060 levels then bulls pushed it upto 24300 levels but it can't sustain at these levels which level is acting as a resistance for short term in the nifty at these level bears entered and pull back it upto 24020 levels and finally it closed at 24119 levels with 120 points gained and formed inverted hammer on daily charts. I am adivising traders enter short position around at 24189 levels and maintain keep stop loss 24300 levels on daily closing basis. Nifty Levels : support levels : 24010,23913 resistance levels : 24180,24299 Bank nifty levels : support levels : 24732,54347 resistance levels : 55300,55577 Disclaimer : I am not a SEBI Research Analyst please take advise from your financial advisor before take position based... Read more

#GOLD.. . Well guys market just placed a very reasonable low in Tokyo session and now market trade n sustain above. So keep close and if market holds n stay above than we can expect again bounce from here. Good luck Trade wisley... Read more

Okay. So yesterday's crazy price action has somewhat changed the structure altogether. At first I couldn't wrap my head on what's going on, whether we're continuing to dump or not. But today, the market is "breathing" again where there is some good setup to trade. Hopefully there will be no more intervention after this. This is the bearish projection if we might not see past 4900 for awhile, at least until July or August. We might even see a bigger fundamental nightmare from the geopolitical tension in the coming weeks and months. It doesn't end today. Stay focused my trader friends, if there's any news "dump", it is better to wait it out until it cools off. Goodluck.... Read more

Bottom Weekly range of wide consolidation channel.... Read more

On the 1D timeframe, CRV/USDT is still in a clear mid-to-long-term downtrend, marked by a strong descending trendline (yellow line) that has consistently pushed the price lower from previous highs. However, recent price action shows: Price starting to consolidate at lower levels Formation of a base (minor accumulation zone) Selling pressure gradually weakening (tightening range) This suggests a phase of compression before the next major move. --- 📐 Pattern Formation The main structure visible is: ➡️ Descending Triangle / Descending Trendline Compression Key characteristics: Consistent lower highs (descending resistance) Relatively stable horizontal support (~0.20–0.23) Decreasing volatility → signaling a potential breakout 📌 This pattern is typically bearish continuation, but in certain conditions it can turn into a reversal if a valid upside breakout occurs. --- 🔑 Key Levels Key Support: 0.20 – 0.23 Resistance Levels: 0.265 0.290 0.335 0.355 0.380 0.440 (major resistance) --- 🚀 Bullish Scenario Bullish confirmation occurs... Read more

Price is currently reacting from a key support zone aligned with the 0.65 Fibonacci retracement, placing us firmly in a discount region. Following a clear break of structure to the upside, the market has pulled back into a high-probability demand zone, sweeping short-term liquidity in the process. This area presents a strong case for bullish continuation if buyers maintain control. Key Confluences: Previous resistance turned support Discount zone (0.62–0.79 fib range) Liquidity sweep Demand zone reaction Trade Plan: Entry: 1.3480 – 1.3520 SL: Below 1.3440 TP: 1.3580 / 1.3650 / 1.3700 Waiting for lower timeframe confirmation before execution. 30 min CHOCH is perfect. GBPUSD 4HR BUY SETUP — BUY FROM DISCOUNT ZONE... Read more