ASML | May, 2026 | Continued stock growth- Timeframe: Weekly
- Trade type: Buy stop order
- Price: 1,603.49
- Take Profit: Open
- Stop Loss: 1,475.00 (-8.00 %)
Idea: Long on a breakout above last week's high — bullish momentum continuation.
Entry: Buy stop above last week’s high.
Stop-loss: Below the low of the same candle.
If the weekly candle closes below this level, the trade is invalidated.
Take Profit: Trailing stop following the lows of new weekly candles.
👉 Bitget TradFi | 200+ U.S. stocks | 0% trading fees
Pivot Points
NASDAQ INDEX (US100): Bullish Move After Trap
On the today's live session, we discussed US100.
I think that we have a valid bearish trap after a test of a key support level.
A bullish imbalance candle that the index formed after the news release
indicates a strong buying interest.
Expect a pullback to 29950.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Nifty Analysis EOD – 23 Jun 2026 – Tuesday🟢 Nifty Analysis EOD – 23 Jun 2026 – Tuesday 🔴
Bear Strike: 350-Point Wipeout Six Sessions of Bull Gains
🗞 Nifty Summary
Yesterday’s notes had flagged the 24,090 ~ 24,125 zone as a key area where bears were defending. Below that, a breach of PDL would signal bull weakness, with 24,000 ~ 23,980 as the last line of defence — and a failure there opening the door to 23,890 and 23,790. That’s exactly what played out today.
Nifty opened flat, dipped around 34 points to find a base near 24,040, then climbed 93 points to test the 24,125 resistance. After multiple false attempts to break 24,125 and a LTF trendline, the index faced hard rejection and dropped sharply — more than 200 points from the top — reaching 23,917. On the way down, Nifty broke through PDL, IBL, and the 24,000 ~ 23,980 support zone without much effort.
Around that level, the index held for roughly an hour, moving within a tight 20 ~ 40 point range before starting a fresh downside leg. The first target at 23,890 was tested, and by the 3 PM candle, the second target at 23,790 was also fulfilled.
As noted yesterday, today was expected to be a range expansion day — confirmed by a 350-point range against the Gladiator ATR of 262.21 points.
Going forward, 24,050 ~ 24,090 looks like a strong challenge for bulls without any fresh trigger. Crossing this zone within the June series might be difficult. Bears are in the driving seat and could be eyeing the 23,650 ~ 23,620 gap-filling zone next.
The day was clearly controlled by bears — they captured significant ground in a single session. Today’s close is below the previous six sessions, effectively wiping out the gains of the past week. Let’s see where bulls decide to come back and fight. The 23,540 ~ 23,630 zone might be where they put up a stronger stand.
Today’s daily candle is a strong bearish candle with a decent range, closing near the lows — not much support visible at these levels. Next session, watch how price reacts near 23,790 early on; that could give the first clue about whether any recovery attempt is coming.
🛡 5 Min Intraday Chart with Levels
📉 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 24,071.30
High: 24,135.50
Low: 23,784.95
Close: 23,824.10
Change: −278.80 (−1.16%)
🏗️ Structure Breakdown
Type: Strong Bearish candle — sellers in control from near the top to the close
Range: ≈ 350 points — high volatility
Body: ≈ 247 points — reflects strong and sustained selling pressure through the session
Upper Wick: ≈ 64 points — supply showed up early; the high didn’t last long
Lower Wick: ≈ 39 points — some minor support near the lows, but not enough to matter much
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 262.21
IB Range: 95.45 → Medium
Market Structure: Balanced
Trade Highlights:
10:48 Short Trade: Target Hit (R:R 1:4.91)
14:11 Long Trade: Trailing SL Hit
Trade Summary: The short from 10:48 was the trade of the day — the system caught the move cleanly and delivered an R:R of 1:4.91, which doesn’t come around every session. The long at 14:11 attempt with half qty as contra trade but didn’t work out; trailing SL was hit, which is fine — the market was in a strong downtrend, and longs were always going to be the harder side today. One good trade, one scratch. The system held its ground.
🧱 Support & Resistance Levels
Resistance Zones: 23,890 | 23,960 ~ 24,000 | 24,045 ~ 24,075
Support Zones: 23,790 | 23,650 ~ 23,620 | 23,498
🧠 Final Thoughts
“The levels were written yesterday — today the market just followed through.”
Today was one of those sessions where the prep did most of the work. The 24,090 ~ 24,125 zone held exactly as flagged, the support zones gave way one by one, and both targets from yesterday’s notes were hit. Days like this are a reminder of why writing down levels the evening before matters.
For tomorrow, 23,790 is the first level to watch at the open. If it holds and price stabilises, there could be a short-covering bounce toward 23,890 ~ 23,960. But if it gives way without a fight, the gap zone at 23,650 ~ 23,620 comes into the picture fairly quickly.
Bears are clearly in control right now. Going into the next session, the approach stays the same — wait for the market to show its hand at key levels, don’t anticipate, and let the system do its job.
✏️ Disclaimer
This is my personal digital diary and represents my own analysis and point of view. It is not financial advice; please consult a professional advisor before making any trading decisions.
How to Find Support & Resistance, Key Levels on Crude Oil Chart
Today, I will teach you how to execute support and resistance analysis on Crude Oil.
You will learn how to identify strong supports and resistances, key levels, the best time frame for analysis, and a lot of useful tips.
Get the essential oil trading basics for beginners.
Time Frame to Use
The method that I will teach you works on any time frame.
The strongest and most significant supports and resistances will be on a daily time frame.
Step 1 - Key Levels
Start with the identification of important highs and lows based on candle wicks.
It should be the point where a strong bullish or bearish reversal occurred.
We will call such levels - key levels.
These levels will provide the base for supports and resistances.
Let's take WTI Crude Oil chart on a daily time frame and find key levels.
Above, I marked all significant historic price levels based on lows/highs of wicks.
Step 2 - Invalid Key Levels
Some of the levels that we spotted are invalid .
It happens because key levels lose significance with time.
To identify an invalidated key level, check how the price reacted to it after it was formed.
We have a bunch of historic key levels that lost their importance after their consequent tests.
It means that neither bearish nor bullish movements stopped initiating from these levels.
We should remove such levels from our chart.
You can find key levels that remain significant on the chart above.
Step 3 - Support and Resistance zones
Key levels that we identified will compose support and resistance zones.
Resistance zones will be structure clusters above current prices.
Support zones structure clusters are below current prices.
The upper boundary of a resistance zone will be a key resistance level.
Its lower boundary will be the closest highest candle close.
The lower boundary of a support zone will be a key support level.
Its upper boundary will be the closest lowest candle close.
That's how it works in practice.
As you can see, some key levels will lie within the same support or resistance zone.
Such zones will be stronger .
There is one exception to that rule.
We have a key support level in the middle of the price chart.
It was broken and it turned into a resistance after a breakout.
As it was initially a support , we draw that using the rules of a support zone drawing , even though the price is currently below that.
Here is how a complete support and resistance analysis on Crude Oil looks.
As you can see, I removed key levels from the chart to make it clean.
Using this method, you will accurately find important supports and resistances on Crude Oil.
Make sure that you start with key levels identification, check their validity, and only then draw support and resistance zones.
❤️Please, support my work with like, thank you!❤️
Buyers Defend Key Support as Markets Await US Data📉 US30 Outlook: Buyers Defend Key Support as Markets Await US Data
Fundamental Bias: Neutral to Slightly Bullish
US equities remain supported by resilient economic conditions and continued investor risk appetite. Progress in US-Iran diplomacy has helped ease some geopolitical concerns, encouraging flows back into risk assets.
However, gains remain capped by:
* A stronger US Dollar.
* Hawkish Fed expectations.
* Rising odds of another rate hike if inflation remains elevated.
This week's key catalysts are:
* US Flash PMIs
* Fed speakers
* Core PCE Inflation (Thursday)
* Final Q1 GDP
Stronger data could reinforce the "higher-for-longer" rate narrative and pressure equities, while softer data may support a relief rally.
Technical Bias: Bullish While Above Support
From the chart:
* Price is testing a major buy zone around 51,400–51,500.
* The 200 EMA (yellow) is providing dynamic support.
* A rising trendline remains intact.
* Recent selloff appears corrective within a broader uptrend structure.
* Volume profile shows acceptance around current levels.
As long as 51,380–51,450 holds, buyers may attempt another move higher.
Key Levels
Support
* 51,400–51,450 (Buy Zone)
* 51,385 (0.618 Fib)
* 51,300 (Sunday gap-fill area)
Resistance
* 51,800 (Current range midpoint)
* 51,950–52,000 (Sell Zone)
* 52,380 (Recent high)
Trading Idea
Preferred Setup: Buy the Dip
Entry:
* 51,400–51,500
Targets:
* 51,800
* 52,000
* 52,380
Stop:
* Below 51,300
Invalidation
A sustained break below 51,300 would invalidate the bullish setup and expose:
* 51,200
* 51,000
* 50,800
Summary
Fundamental Bias: Neutral to Slightly Bullish
Technical Bias: Bullish above 51,400
Intraday Bias: Buy dips into support
Key Level: 51,400–51,500
The current pullback looks more like a retracement into support rather than a trend reversal, with buyers likely to remain active unless price breaks decisively below 51,300.
Bears Eye Key $4,100 BreakdownFundamental Bias: Bearish
Gold remains under pressure as a stronger USD and the Fed's hawkish stance reduce demand for non-yielding assets. Progress in US-Iran talks has also eased some safe-haven demand, although conflicting statements from both sides keep geopolitical risks alive. Markets are now focused on US PMIs, PCE inflation, and GDP data, which could drive the next move.
Technical Bias: Bearish
* Price remains below key moving averages and within a clear downtrend.
* Multiple 15-minute FVGs overhead suggest rallies may be sold.
* RSI remains weak, despite a slight positive MACD crossover.
* Key support sits at $4,100.
Key Levels
Resistance
* 4,135–4,145 (Liquidity + 15m FVG)
* 4,180–4,186 (Higher FVG)
* 4,311 (4H 100 SMA)
Support
* 4,115–4,120
* 4,100 (major level)
* 4,070
* 4,050
Trading Idea
Preferred: Sell rallies into 4,135–4,145 targeting 4,100 and below.
Alternative: A confirmed break below 4,100 could accelerate downside toward 4,070–4,050.
Invalidation: A sustained move above 4,145–4,160 would weaken the bearish outlook and open the door for a larger recovery.
WLD Main Trend. Descending Channel. June 2026Time frame: 1 week (shorter is not necessary). Descending channel.
You can see how to trade in descending channels and the logic of price movement in this trading idea as an example:
XLM (Stellar) / USD Descending Channel. Working on a coin.
Fundamental. WLD is the ticker symbol for the token of the global Worldcoin project. The company behind it is Tools for Humanity, founded in 2019 by Alex Blania, Max Novendstern, and Sam Altman (CEO of OpenAI , the creator of ChatGPT). Despite the common creator and conceptual connection (creating a digital "human passport" to protect against AI bots), Worldcoin is a separate project, independent of OpenAI.
🔵WLD Decline from pump high -98%.
Why such a dramatic price decline of -98% with all the hype?
1️⃣ Huge supply of 10 billion, currently 3.45 billion in circulation.
2️⃣ Early investors , venture capital funds, and the Tools for Humanity development team regularly accessed their locked billions of tokens and sold them on the market ( they made a huge profit , or even "money for nothing").
3️⃣ The concept of collecting biometric data (eye scanning) provoked fierce resistance from authorities . The project faced bans, fines, and investigations in Spain, Hong Kong, Kenya, and Argentina. This greatly undermined the confidence of major investors. They began to exit the token immediately after it was unlocked.
4️⃣ Weak Token Utility. Currently, the WLD token lacks strong practical application within the ecosystem (no staking, few DeFi integrations).
For most people, WLD remains a speculative instrument, tied to the hype around AI and Sam Altman.
🟣 Local reversal , towards the mirror resistance level of 0.64, currently up about 140% from the average price.
Why the local pump? News has it that the developers have taken a radical step to stop investor capitulation: starting July 24, 2026 , the daily token unlock rate will be reduced by 43 % (issuance will drop from 5.1 million to 2.9 million WLD per day). This will artificially reduce the influx of new coins in theory, but in practice, someone big on this pump (people involved in the project and developers?) might exit the market and sell their coins based on this news...
🔴 Short scenario . I doubt the price will break the resistance of the descending channel. I've highlighted the important local zone for this with a triangle. If the descending channel doesn't break (resistance to the main trend), then a short position within the descending channel's range is a logical scenario, but with a protective stop. Two zones are shown. From there, especially the second one, a long position is logical. This isn't profitable in the current price range, as the price has already risen too much vertically following the news of token unlocks being reduced from June 24.
🟢 Long scenario , according to the classic scenario, is a break in the descending channel and consolidation (not a spike pump-and-run in a couple of days) above the mirror level on a large time frame (this is currently insufficient, likely only for a local sell-off).
BTC | 20 Jun 2026BTCUSDT Analysis | 1h Chart (Entry on M15 / H1)
Follow price BINANCE:BTCUSDT.P
❇️ Analysis Description: These key levels are derived from the first major wave from the top. They are designed to act as subsequent expansion legs or structural widths, both above the previous peak and in the continuation of the descent. As you can see, the market has shown incredible reactions to these specific zones. We are looking for price action around these levels using our core strategy: waiting for a structural major/minor level break, followed by a valid pullback and confirmation candle.
🔼 Buy-sell Setup: Monitor the current price reaction near the **63,960** and **62,320** zones. Enter only after a valid line/level break and a confirmed pullback.
🕯 Entry Plan (15-Minute / 1-Hour Confirmation):
Wait for a major or minor level break. The candle must close with a strong full body (body size at least 2x the shadows) to confirm the breakout.
Pullback Entry: Enter on the retest of the broken level with a confirmation candle in the trade direction.
Stop Loss Plan: Place your SL behind the last swing before the breakout, or aggressively below/above the pre-breakout candle.
Take Profit Plan: Target the next historical projection levels shown on the chart ( 63,960 , 65,600 , 67,270 , etc.).
⚠️ Always maintain strict risk management and adapt your position size.
💬 What are your thoughts on these levels? Let me know in the comments below!
Top 5 TradingView Indicators for Futures Traders5 essential TradingView indicators for trading futures and how they work together.
- VWAP & Anchored VWAP
- Volume Profile
- ATR
- Session High/Low markers (PDH/PDL, overnight high/low)
- Multi-Timeframe EMA Stack (9/21/50)
Disclaimer: Paid partnership with NinjaTrader. The creator receives compensation for this content. Views are their own, individual results may vary, and this is for educational purposes only — not investment advice. Testimonials and endorsements reflect individual experiences and may not be representative of typical results. Futures trading carries substantial risk. Simulated trading is hypothetical and not indicative of real results. Accurate as of posting
ABT | May, 2026 | The time to go long has come- Timeframe: Weekly
- Trade type: Buy stop order
- Price: 86.48
- Take Profit: Open
- Stop Loss: 81.97 (-5.20 %)
Idea: Long on a breakout above last week's high — bullish momentum continuation.
Entry: Buy stop above last week’s high.
Stop-loss: Below the low of the same candle.
If the weekly candle closes below this level, the trade is invalidated.
Take Profit: Trailing stop following the lows of new weekly candles.
👉 Bitget TradFi | 200+ U.S. stocks | 0% trading fees
LAC | June, 2026 | The time to go long has come- Timeframe: Weekly
- Trade type: Buy stop order
- Price: 4.70
- Take Profit: Open
- Stop Loss: 4.12 (-12.30 %)
Idea: Long on a breakout above last week's high — bullish momentum continuation.
Entry: Buy stop above last week’s high.
Stop-loss: Below the low of the same candle.
If the weekly candle closes below this level, the trade is invalidated.
Take Profit: Trailing stop following the lows of new weekly candles.
Feel free to like and share your thoughts in the comments! ❤️
BKNG | June, 2026 | The time to go long has come- Timeframe: Weekly
- Trade type: Buy stop order
- Price: 168.89
- Take Profit: Open
- Stop Loss: 158.12 (-6.40 %)
Idea: Long on a breakout above last week's high — bullish momentum continuation.
Entry: Buy stop above last week’s high.
Stop-loss: Below the low of the same candle.
If the weekly candle closes below this level, the trade is invalidated.
Take Profit: Trailing stop following the lows of new weekly candles.
Feel free to like and share your thoughts in the comments! ❤️
$BTC - Market Update (6/22)GM! Happy Mondaze!
CRYPTOCAP:BTC managed to hold the 63s over the weekend and avoided a deeper retrace into the low 62s, which keeps the short-term structure intact for now.
As long as price continues to defend this local support area, I still think there's a decent chance we push higher and tap the 66.4-66.8k region. That's also where overhead supply starts to stack up, so it'll be an important area to watch if we get there.
For me, the play is pretty straightforward: if price reaches that zone and starts showing signs of exhaustion or struggles to break through, I'll be looking for a scalp short back into the range. Until then, bulls still have room to squeeze a little higher.
$HYPE — Can Bulls Reclaim $70?KUCOIN:HYPEUSDT continues to trade inside a broader consolidation range after the impulsive move into the mid-70s. Since the local top around 76, price has been making a series of lower highs while struggling to reclaim the previous value area overhead. The recent bounce from the 64-65 demand zone has provided some relief, but buyers have yet to show enough strength to regain control of the higher range.
The key level to watch is the 70-72s area, which aligns closely with the lower boundary of the prior supply zone. This region has repeatedly capped upside attempts and remains the immediate decision point for the market. It seems to be the immediate hurdle now. If we get rejected at this level again, I'm expecting a move back into the nPOC region around 62-60s, which also overlaps with the previous value area and a high-volume acceptance zone. A sweep into that area would not necessarily be bearish, as it could simply be the market revisiting unfinished business before attempting a larger rotation higher.
On the upside, a successful reclaim of 70 would open the door for a move into the 74-76 or even 80s.
Nifty Analysis EOD – 22 Jun 2026 – Monday🟢 Nifty Analysis EOD – 22 Jun 2026 – Monday 🔴
Rangebound Reckoning: Bears Hold the 24,125 Fort
🗞 Nifty Summary
Back at the desk after a long stretch away. Delivering physical trading lectures and developing new tools kept the notes on hold. Good to be writing again.
Nifty opened with a 66-point gap-up, and for a brief moment, the geopolitical fog of the weekend seemed to lift enough to hand the bulls a clear bias. The first minute anchored the day’s low at 24,073.15 — just 37 points below the open — and from the opening tick the index climbed 38 points to carve out the IB. A small, tight range, but it set the tone.
What followed was a lesson in patience — and traps. After nearly an hour and a half of consolidation above IBH, the market staged a false IBH Breakout, a classic false IBH breakout and fell below IBH and VWAP. Over the next two hours, price coiled in a suffocating 15–20 point range, testing the conviction of every intraday participant. The fakeout of the swing low did exactly what it was designed to do — trapped the early movers who had leaned short.
Then post-3:00 PM, the session showed its hand. A clean, one-sided ~60-point slide unfolded without little resistance, and the day closed near session lows.
The structure tells the full story: the entire day’s movement stayed within the IB range, the IBH fakeout was the only 20-point swing, and the price returned to roughly where it started. A textbook rangebound Monday. Total range: 94.90 points. IB range: 75.55 points — nearly the whole day captured during the IB formation period.
For the next session: 24,000 ~ 23,980 is the last line of defence for bulls — a failure there opens the door to 23,890 and 23,790. Bears, meanwhile, are firmly defending their fort at 24,090 ~ 24,125. Tomorrow brings weekly expiry. After a day like today — coiled, rangebound, unresolved — the unwinding could be sharp. Stay alert.
🛡 5 Min Intraday Chart with Levels
📉 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 24,106.60
High: 24,168.05
Low: 24,073.15
Close: 24,102.90
Change: +89.80 (+0.37%)
🏗️ Structure Breakdown
Type: Spinning Top — indecision candle, buyers and sellers cancelled each other out
Range: ≈ 95 points — moderate volatility
Body: ≈ 4 points — near-doji body, reflects complete neutrality between buyer and seller pressure
Upper Wick: ≈ 65 points — clear supply rejection at the highs; bulls could not hold above IBH
Lower Wick: ≈ 34 points — demand held the opening gap zone, but without conviction
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 252.39
IB Range: 75.55 → Small
Market Structure: ImBalanced
Trade Highlights:
10:10 Long Trade: SL Hit
Trade Summary:
The long at 10:10 didn’t work out — the IBH fakeout had more teeth than the setup suggested, and the SL was hit cleanly. One trade, one loss, clean exit. Lower Value CPR Relationship with IBH Breakout rarely gifts smooth follow-through, and today was a reminder of that.
🧱 Support & Resistance Levels
Resistance Zones: 24,180 | 24,240 ~ 24,275
Support Zones: 24,000 ~ 23,980 | 23,890 | 23,790
🧠 Final Thoughts
“A rangebound day is not a wasted day — it is the market loading the spring.”
Today was about what didn’t happen as much as what did. No breakout, no trend, no resolution — just the market consolidating at a fork, waiting for a reason to commit. The candle structure says it plainly: four points of body on a 95-point range. Neither side won.
Tomorrow’s expiry might change the equation. 24,000 ~ 23,980 is where the bull case either holds or cracks — below that, the structure deteriorates fast toward 23,890 and 23,790. On the upside, any move that clears and sustains above 24,125 puts 24,180 and 24,240 ~ 24,275 back in play.
After a long break from writing, it's good to be back at the desk. Expiry weeks demand presence — tomorrow, the plan is to wait for the range to break cleanly before committing. No anticipation, no rushing. Let the market form IB first and show its direction.
✏️ Disclaimer
This is my personal digital diary and represents my own analysis and point of view. It is not financial advice; please consult a professional advisor before making any trading decisions.
MESU June 22: Watch 7583 breakout or 7546 breakdownMESU analysis for Monday, June 22.
MESU is still trading inside a choppy range, and for me today is all about waiting for confirmation at the key levels.
On the 4H chart, the main range I’m watching is 7604 on the upside and 7472 on the downside. If bulls still want to stay in control, then I want to see a 4H close above 7583. If that happens, then I’ll be watching for continuation higher toward 7648.
On the downside, if we get a 4H close below 7546, then I think sellers may start taking control again and push the market lower toward the overnight low around 7513.
On the 1H chart, the key short-term warning level for me is 7552. If price starts closing below that level, it could be the first signal that bears are stepping back in.
On the 15M chart, I’m watching the green highlighted cluster zone, where the fair value gap lines up with the higher-time-frame levels. This is the area I want to watch for reaction and confirmation.
Key levels
7604 = range high
7472 = range low
7583 = bullish breakout level on 4H
7552 = key 1H warning level
7546 = bearish trigger on 4H
7513 = downside target
7648 = upside target
Plan for today
Respect the current choppy range
Watch 7583 for bullish continuation
Watch 7552 / 7546 for bearish confirmation
If bulls break out, target 7648
If bears take over, target 7513
Not financial advice. No confirmation, no trade.
Shorter TradingView description version
MESU is still range-bound, so today I’m focused on confirmation levels.
Above 7583, I’m watching for continuation toward 7648.
Below 7552 / 7546, I’m watching for weakness toward 7513.
Main range: 7604 to 7472.
No confirmation, no trade. CME_MINI:MESU2026
My first Idea on US30 We can see a bullish trend got violated on our left, Price pulled back but didn't close with a full body candle. Leaving liquidity for price to retrieve before the intended move to the downside. We have seen two rejections on a valid support zone, I expect price to pull back fully then the real move. Good RR if this plays out at Market open
EURUSD: Support & Resistance Analysis for Next Week 🇪🇺🇺🇸
Here is my latest structure analysis and important
supports & resistances for EURUSD for next week.
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD (XAUUSD): Detailed Support & Resistance Analysis
Here is my latest structure analysis for Gold.
Support 1: 3997 - 4047 area
Support 2: 3886 - 3932 area
Support 3: 3771 - 3817 area
Resistance 1: 4329 - 4435 area
Resistance 2: 4570 - 4595 area
Resistance 3: 4639 - 4689 area
I think that the market has a strong potential to continue falling and reach Support 1.
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold Next Week: Still Not Your Bullish DreamMain Bias: Bearish.
Major Trend: Bearish and Minor Trend: No Trend. This condition indicates that there is still no confirmation of a reversal. Price at 4155 remains below the equilibrium zone at 4199–4200 and is still far from the supply area, making the latest structure more accurately interpreted as a weak pullback after a breakdown rather than a bullish reversal.
Brief Macroeconomic Explanation:
The DXY remains around the 100 level, the US10Y is near 4.46%, and the US2Y is around 4.19%–4.20%. The combination of a strong USD and elevated yields tends to weigh on gold. US CPI for May increased by 4.2% YoY, April PCE came in at 3.8% YoY, and Core PCE was 3.3% YoY. The Federal Reserve continues to maintain interest rates at 3.50%–3.75% and still emphasizes that inflation remains elevated. Overall, the macroeconomic backdrop is currently mixed-to-bearish for gold unless a new geopolitical escalation occurs.
Structure Review:
From a structural perspective, the market remains bearish. Price previously formed an impulsive decline, broke market structure, and created a lower low (LL) at 4023.87. Afterward, price only recovered into a supply area, failed to continue higher, and then moved lower again.
The recent rally into the 4309–4366 area is better interpreted as mitigation or a pullback into supply rather than the beginning of a bullish trend. Price has now moved back below the equilibrium zone at 4197–4210, keeping the overall structure bearish.
As long as price remains below equilibrium, the market is technically in a discount area, but that alone does not justify buying since the H2 structure remains bearish.
The demand zone at 4073.40–4057.55 remains valid as a reaction area, but it is not a blind-buy zone. Buying from this demand area becomes safer only if price shows a clear reaction and begins forming signs of a reversal on lower timeframes.
The supply zone at 4309–4324 remains valid as the first sell POI (Point of Interest) because it is the nearest mitigation area. If price pulls back into this zone and shows rejection, a sell scenario becomes more reasonable.
As long as price fails to reclaim 4200 / 4246 / 4324, the logical downside targets remain 4073–4057, followed by 4023.87.
Invalidation:
Bullish invalidation occurs if price breaks cleanly below 4057.55 and then continues below 4023.87.
Initial bearish invalidation occurs if price reclaims and holds above 4324.05.
A stronger bearish invalidation occurs if price breaks and holds above 4366.55–4382.61.
Main Scenario:
The primary scenario remains bearish continuation.
The reasons are that the 2H major trend remains bearish, price is trading below equilibrium, the previous recovery failed at a supply zone, the structure has not provided a clean bullish confirmation, and macroeconomic conditions continue to support the USD and yields. Under these conditions, gold does not yet have a strong reason to turn aggressively bullish.
Conclusion:
Bearish momentum is still running the show. That lower demand zone? Treat it as a place for a temporary bounce, not some magical signal that the trend has suddenly changed its mind. If you're looking for a bullish story, price first needs to reclaim 4324 and then actually prove something by breaking and holding above the 4366–4382 zone. Until then, bullish optimism is just wishful thinking dressed up as analysis.






















