Bullish Pennant Pattern Appearing!MTL Analysis
Closed at 569.71 (09-05-2026)
Positive Points:
> Strong Bullish Divergence
> 50% Retracement
> Fundamental Developments including sale of combined harvestor & also
buying some land for dairy business(not officially announced though).
> Bullish Pennant pattern; targeting around 1000 - 1100. However 750 - 770
is the strong resistance zone that needs to sustain for the upside target of 1000+
> Breaking 460 may bring more selling pressure towards 410 - 418.
Bullish Divergence
XAUUSDXAUUSD remains in a bearish trend overall; however, the 4-hour timeframe has formed a bullish pin bar at a key support level, indicating potential buying pressure. In addition, the 1-hour timeframe has created a bullish divergence, suggesting weakening bearish momentum and the possibility of a short-term bullish correction.
Gold (GC1!) Daily: Historic 200 EMA Breakdown Signals Major MacrWe are publishing a macro technical study on Gold Futures ( COMEX:GC1! - COMEX) on the Daily (1D) chart, highlighting a major structural shift. The asset has just triggered a rare technical event that hasn't been observed in over two and a half years.
### Part 1: The Structural Breakdown (Ref: GC1!_2026-06-07_22-05-24.png)
* **The Historic 200 EMA Cross:** As highlighted inside the orange circle on our first chart, Gold has closed decisively below its **200-period Exponential Moving Average (D
$VVV Top Confirmed with Bearish Engulfing + H&SNYSE:VVV TOP IS IN 💯
NASTY BEARISH ENGULFING Daily Close confirms Head & Shoulders reversal pattern (w/ a fake-out from upthrust).
PA responds with a dead-cat bounce into the bull flag (one last trap).
This will take a lot of time for the market to digest.
Should see a proper retest of the 50% gann level to decide next move.
Doubt that will hold with current macro market conditions coming online.
Would steer clear til ~$8-9 which is around the .618 Fib.
Better value buy sits ~$5 at the .
Natural Gas Daily: Fibonacci Targets Encounter Major 200 EMA & HNatural Gas Futures ( NYMEX:NG1! - NYMEX) is displaying an aggressive recovery structure on the Daily (1D) chart. While the medium-term Fibonacci projections point toward higher targets, the asset is fast approaching a multi-layered institutional supply wall that demands strict technical caution.
### The Technical Framework:
* **The Bullish Structural Pivot:** After successfully defending the macro horizontal demand floor at **2.476** in late April, the asset established a sequence of higher l
Gold Futures Update: Price Action Squeezed Inside Tight TriangleGold Futures ( COMEX:GC1! - COMEX) is displaying a classic volatility compression framework on the Daily (1D) chart, with price action tightly coiled inside a prominent symmetrical triangle.
As highlighted by the yellow circle, the precious metal is undergoing a massive liquidity build-up, indicating that a major directional expansion is approaching.
### Key Structural Clusters:
* **The Symmetrical Squeeze:** The asset is currently bound between a descending line of resistance (LTB) and a ris
GBPUSD Daily: 200 EMA Defense Sparks Bullish MomentumThe British Pound / U.S. Dollar ( OANDA:GBPUSD ) pair is displaying a highly defined range-bound structure on the Daily (1D) chart, flashing a high-probability mean-reversion bounce after an institutional baseline test.
### Structural Framework & Key Levels:
* **The Macro Rectangle:** Price action remains boxed within a clear horizontal range. Heavy overhead supply is firmly established at the **1.36353** resistance line, while a rock-solid demand floor sits lower at the **1.32062** support clu
NVDA: Higher Highs, Higher Lows, Higher ProbabilityNVDA - CURRENT PRICE : 224.36
HIGHER HIGHS CONFIRM THE TREND. HIGHER LOWS CREATE THE OPPORTUNITY.
This is NVIDIA's year-to-date daily chart, and the price action continues to paint a bullish picture. Since establishing its late-March low, NVDA has developed a well-defined sequence of higher highs and higher lows, which is one of the clearest characteristics of a healthy uptrend. Rather than showing signs of weakness, the stock continues to attract buyers during pullbacks, allowing the bulli
Bitcoin Weekly: BTC Tests Critical Major Confluence at the WeeklBitcoin ( BITSTAMP:BTCUSD - Bitstamp) is presenting an incredibly significant macro structural test on the Weekly (1W) chart. As long-term technical analysts, this is the exact type of high-probability confluence block we monitor for primary trend definitions.
Following a prolonged corrective cycle from its macro peaks, price action has compressed into a critical multi-layered demand territory.
### Key Macro Technical Factors:
* **The Weekly 200 EMA Baseline (68,953):** The dynamic purple bas
DOCN - When Volume Confirms the BreakoutDOCN - CURRENT PRICE : 173.45
DigitalOcean Holdings (DOCN) has delivered a strong bullish breakout by closing above its previous all-time high resistance near $166. The breakout is supported by rising volume, suggesting strong buying interest and increased participation from market participants. A notable bullish catalyst was the earlier rising window (gap-up) accompanied by heavy volume, which signaled aggressive accumulation and helped establish a new uptrend.
From a trend perspective, the
PATH - Hits Previous Targets, Fresh Buy Signal ActivatedPATH - CURRENT PRICE : 13.10
My previous PATH buy call has successfully achieved both upside targets. For those interested in reviewing the earlier analysis and setup, the previous report link has been shared for reference.
Following the recent price action, PATH has generated another bullish technical setup. The stock has decisively broken above its sideway consolidation resistance, signaling renewed buying interest after several months of accumulation. More importantly, the breakout occurre
PATH - Bullish Divergence Near 52-Week LowPATH - CURRENT PRICE : 10.27
⚠️ PATH still remains in a broader bearish structure as price continues trading below the EMA200, showing the long-term trend is still weak. However, the interesting part here is the stock is starting to stabilize near the 52-week low area around USD9.20–9.30, which previously acted as a strong support zone. Recent candles also show buyers stepping in aggressively whenever price dips into this region.
Another positive sign is the bullish divergence on RSI. While
MRAM - Healthy Retracement at Fibo Golden RatioMRAM - CURRENT PRICE : 27.00 - 29.20
MRAM is showing signs of maintaining a bullish structure after a strong breakout move. The recent pullback has retraced toward the 61.8% Fibonacci Golden Ratio retracement level, which is often viewed as a key support zone during healthy corrections.
In addition, the stock remains above the 50-day EMA, suggesting that the medium-term uptrend remains intact. The pullback appears constructive rather than a complete trend reversal, as buyers continue to defen
USDJPY Daily: Educational Case Study on the Power of the 200 EMAIn this technical analysis case study, we analyze the U.S. Dollar / Japanese Yen ( FX:USDJPY ) on the Daily Chart to visually demonstrate the immense structural power of the 200-period Exponential Moving Average (EMA 200) when combined with a major Ascending Trendline (LTA).
As technical analysts and institutional traders, we must always respect these critical macro intersections. The market's memory at these specific zones offers some of the highest-probability setups in professional trading.























