Descending Triangle

GOLD - Countertrend correction before news ICMARKETS:XAUUSD , after a bearish distribution, is forming a correction with the aim of hunting for liquidity. The market remains under pressure from the bears and in a downtrend... The dollar is consolidating but remains strong. A hawkish Fed and rising interest rates make gold unattractive. Gold remains vulnerable. Any recovery is likely to be sold unless Friday’s Nonfarm Payrolls (NFP) report significantly disappoints and reduces expectations of two rate hikes this year. The nearest re

GOLD - Correction to 4315-4345 before falling ICMARKETS:XAUUSD technically maintains a bearish trend amid the Fed’s hawkish stance and rising interest rates, which set the medium-term tone for the markets. The dollar remains strong and may continue to develop a bullish trend; however, there will be quite a lot of news in the coming week. Focus on: PCE, GDP, PMI, Nonfarm Payrolls. At the same time, one should not forget about oil—a rise in its price could increase pressure on gold. Increased volatility and variability in intraday direc

GOLD - The Hunt for Liquidity (Correction) Before the Drop ICMARKETS:XAUUSD has paused its decline but remains under pressure. Market stagnation could trigger a rebound before another move lower. The key events are the Trump–Xi meeting, oil price dynamics, and Treasury yields. The fundamental backdrop for gold remains weak. The market could form a correction amid the meeting between the U.S. and Chinese presidents, but the medium-term tone for the metal remains bearish, driven by a strong dollar and rising oil prices. The dollar and major indices

GOLD - Consolidation could trigger a distribution downwards ICMARKETS:XAUUSD is bouncing off the 4,380 resistance and consolidating within a local range ahead of a potential decline driven by the negative fundamental backdrop The dollar is stagnating but preparing for further upside, while rising interest rates and the weak fundamental backdrop are putting pressure on the gold market. The probability of further downside toward the range support remains in place. Gold is likely to remain range-bound as long as the conflict in the Middle East does no

GOLD - The Hunt for Liquidity Ahead of a Decline ICMARKETS:XAUUSD continues to form a countertrend correction, driven by the decline in oil prices. The fundamental backdrop remains weak... The dollar is stagnating after a strong rally triggered by the Fed’s hawkish stance and rising interest rates. However, the Dollar Index remains strong, which continues to put pressure on gold. At the same time, the decline in oil prices has given the metal some room to recover. The market remains highly dependent on geopolitical developments. There is

GOLD - A countertrend correction aimed at liquidity hunting ICMARKETS:XAUUSD has been forming a countertrend correction toward the 4,400–4,430 liquidity zone since the session opened. The fundamental backdrop remains weak, and the market is still in a bearish trend The dollar is stagnating after breaking through local resistance levels. The Fed’s hawkish stance and rising rates are supporting the Dollar Index, which is putting medium-term pressure on the metals market. However, the correction in oil prices is giving gold some room to recover as it

GOLD - A countertrend correction ahead of the news ICMARKETS:XAUUSD is bouncing from support ahead of the news and forming a countertrend correction amid the dollar’s stagnation following a five-day rally. The FOMC meeting and comments from the regulator are ahead... Technically, most of the hawkish risks have already been priced in, but gold will remain vulnerable if the Fed signals that it intends to keep rates elevated for an extended period. Geopolitical risks and high energy prices are providing support. Gold is caught between expecta

GOLD - A bounce off support before falling to 4,200 ICMARKETS:XAUUSD remains under pressure from the Fed’s hawkish stance and a strengthening dollar. In the medium term, the market may maintain its bearish trend; however, this week, all attention is focused on the Fed’s rate decision and the regulator’s comments The dollar is forming a countertrend correction but remains locally bearish. The dollar’s rise is putting additional pressure on the metals market. Gold is maintaining its bearish market structure amid the Fed’s hawkish stance, whil

Is AVAX a sleeping giant soon to be awakened? Avalanche’s chart has looked more and more miserable as each month passes and is currently still rather cheap although it is hinting that its bottom may be in. Fundamentally this news just broke that the UAE announced its going to integrate Avalanche blockchain into its national digital identity platform UAE PASS. This should provide an initial spark to the wick at the end of the avalanche powder keg. I do believe montis group had also listed avalanche as one of the chains they would likely. Be

GOLD - A countertrend correction to 4,400 ahead of the news ICMARKETS:XAUUSD remains under pressure from a strengthening dollar and a weak fundamental backdrop. The market is making new intermediate lows within the 4,290–4,500 trading range. Key news is ahead… The dollar is bouncing from support and returning to its bullish momentum, putting further pressure on the market. Gold is trading near its weekly lows, around $4,310, on Friday following a sharp decline triggered by hotter-than-expected PPI data and rising oil prices. According to TD Securit

GOLD - A Hunt for Liquidity Ahead of Further Declines ICMARKETS:XAUUSD has been forming a countertrend correction since the session opened. The fundamental backdrop remains unstable, and this correction could end with another move lower Gold remains exposed to two-sided risks ahead of the release of U.S. CPI data. The sell-the-bounce strategy remains in place, especially against the backdrop of higher-than-expected inflation in China. TD Securities expects core inflation to remain under control in August but warns of upside risks Drivers: Ups

JPN225: Triangle broken, Trade in profit what comes next?In this video is the update to the Nikkei 225 trade idea from 3 September 2026, when Japan’s 10-year bond yield surpassed 3% for the first time since 1996 and the index dropped by 2.85% to its lowest levels in four weeks at 64,325. Entry: 63,000-64,274. Descending triangle was the formation and the contracting MACD histogram which was deep into the negative zone was the trigger;the exact setup that called for the best week for the Hang Seng since March 2025. On 4 September Softbank and AI semico

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by Kearabilwe-Nonyana

The ADA Breakout Myth Myth: ADA/USDT just broke out and the move is still running. Look at the last 30 bars on the 90-minute chart and that story doesn't hold up. The rally that took price from the low-0.21s to a 0.2321 spike came on a single outsized volume bar, nearly 6x the 90-min average. Every bar since has printed lower highs: 0.2289, then 0.2264, 0.2231, 0.2218. That reads like fade, not continuation. What the chart actually shows: A sharp volume spike bar, then immediate rejection at the highs A descend

GOLD - The market is under pressure from a bearish trend ICMARKETS:XAUUSD remains in a local bearish trend, while consolidation below the 4,435 liquidity zone is becoming a technical catalyst for further downside The dollar is stagnating, but at the same time, it is weakening due to interventions by the Bank of Japan. Gold looks weak against this backdrop, especially given the Fed’s medium-term hawkish stance. Geopolitical risks and inflation expectations that could limit further upside remain in place. The key event of the week will be the U.S.

GOLD - Correction and retest of the 4460 resistance level ICMARKETS:XAUUSD continues its rebound after the false breakdown of the 4,300 support level. The fundamental backdrop remains mixed, but selling pressure is still present The dollar is stagnating, potentially due to intervention from the Bank of Japan. The correction in the Dollar Index is giving gold room to recover. The key event is Friday’s NFP report. A weak report could support a further recovery in gold, while a strong report could bring selling pressure back. The 4,460 level remains

GOLD - Weak fundamentals and a bear market ICMARKETS:XAUUSD remains under selling pressure and continues to decline. Another distribution phase is developing after a short-term consolidation, with the market moving toward the 4,330–4,300 liquidity zone The Dollar Index looks strong after the Fed adopted a hawkish stance and is bouncing higher, putting further pressure on gold. The medium-term outlook for gold remains bearish. Gold will remain sensitive to U.S. inflation and labor market data. Central bank purchases and geopolitical

GOLD - A sudden shift in the fundamental backdrop ICMARKETS:XAUUSD is reacting to the news, specifically the Fed Chair’s speech. The markets have reversed sharply, and the move could continue Risk-off sentiment has increased significantly following Waller’s hawkish comments. Expectations for a Fed rate hike this year rose sharply on Friday. The strong sell-off was news-driven, and the fundamental backdrop has shifted. The dollar is strengthening, putting pressure on gold. A correction could develop at the start of the session before the d

ETHUSDT - Consolidation Before Distribution BINANCE:ETHUSDT is attempting to hold above the 1,850 support level in the medium term, which was previously broken resistance. The reaction to support is weakening, while the broader market remains in a bearish trend Bitcoin remains stagnant and range-bound. Globally, the market remains in a bearish trend, with no fundamental support in sight. A decline in the market leader could trigger further downside in Ethereum. The altcoin is consolidating within a symmetrical triangle. The market i

BITCOIN - A false breakout before a decline BINANCE:BTCUSDT.P closed within the 62,000–66,000 range. Liquidity zones have formed around the consolidation boundaries, but buyer weakness could potentially trigger a decline toward the areas of interest There is no fundamental support in the market, while the geopolitical backdrop is exerting excessive pressure. Technically, Bitcoin remains stagnant and trapped inside a sideways range that is developing within the broader global bearish trend. Simply put, the market is consolidating. Th

SOLUSDT - Readiness for a decline amid a bearish trend On the daily timeframe, BINANCE:SOLUSDT remains in a state of stagnation within a broader bearish trend. At the same time, the market is beginning to show signs of a potential shift in momentum back toward sellers Bitcoin is facing renewed pressure, which is reinforcing the bearish sentiment across the crypto market. Further weakness in the flagship asset could trigger additional downside across altcoins. SOL is approaching a key trigger at 75.66. A breakdown below this support would confirm

GOLD - Retest of 4400. Waiting for a false breakout ICMARKETS:XAUUSD is showing local bullish momentum, but price is approaching a major resistance zone at 4382–4400. At the same time, the U.S. dollar remains weak, although its current consolidation continues to create pressure across the markets The fundamental backdrop remains unstable. Geopolitical risks continue to support the dollar, while expectations for further Fed rate hikes have weakened. Against this mixed backdrop, gold remains within a broader bearish trend. Gold is consolidati

GOLD - A short squeeze could lead to a correction ICMARKETS:XAUUSD is advancing during the Asian session as part of a distribution phase, testing the 4166–4195 resistance zone. The move is being driven by Western comments regarding negotiations in the Middle East. However, Iran has yet to respond, leaving geopolitical uncertainty elevated. The U.S. dollar remains in consolidation following last week's decline, which was largely triggered by intervention in the Japanese yen. Gold showed little reaction to the weaker dollar and continued tr

GOLD - Consolidation Amid a Bearish Trend ICMARKETS:XAUUSD remains trapped within the 4022–4116 trading range as markets await the next major economic catalysts. From a technical perspective, however, the broader bearish trend continues to dominate The U.S. dollar has weakened following renewed strength in the Japanese yen, driven by intervention efforts. Despite this, gold has shown only a muted response to the decline in the DXY. Fundamentally, the metal remains under pressure, with the market still favoring a move toward the 40