BITCOIN - A distribution toward 67K before a decline?BINANCE:BTCUSDT.P has transitioned from consolidation into a distribution phase following the breakout above resistance and is now advancing toward a key resistance zone within the broader bearish trend
The fundamental backdrop remains relatively weak for the cryptocurrency market. However, spot Bitcoin ETFs have recorded inflows for five consecutive trading sessions, providing short-term support for the current rally.
From a technical perspective, Bitcoin has broken above the 65,600 resistance level, and the momentum built during consolidation could drive price toward the 67,250 resistance zone. Nevertheless, given the prevailing higher-timeframe bearish trend, this area may act as a significant barrier and halt the advance
Resistance levels: 67,250
Support levels: 65,600, 63,800, 61,800
The broader market trend remains bearish. Price is approaching the key 67,250 resistance zone, where a short squeeze could shift momentum back in favor of sellers. If bears regain control at this level, Bitcoin could reverse and resume its primary downtrend toward 65,600, 63,800, and 61,800
Best regards,
R. Linda 
Short
Long
GOLD - A short squeeze before the decline continues toward 3900ICMARKETS:XAUUSD is hovering around the $4,000 mark on Monday, caught between bullish and bearish pressure as markets digest the ongoing escalation of tensions between the U.S. and Iran, while this week's U.S. economic calendar remains relatively light
The U.S. dollar remains in consolidation, although the Dollar Index (DXY) continues to maintain its broader bullish trend. Gold remains under pressure, and the daily technical outlook continues to favor the bears, limiting the potential for a sustained recovery. At this stage, there are few signs that this scenario will change in the near term.
Bearish drivers: Escalation of the U.S.–Iran conflict, supporting both the U.S. dollar and oil prices, Hawkish Federal Reserve rhetoric, Bearish technical market structure
Bullish drivers: Geopolitical de-escalation, Weaker-than-expected U.S. macroeconomic data, Profit-taking after recent declines
Resistance levels: 4028, 4043, 4065
Support levels: 3960, 3943, 3900
Gold remains under selling pressure due to a combination of technical and fundamental factors. The broader trend is still bearish. Technically, the market is confirming resistance around 4028.6, and a short squeeze into the 4028.6–4065 liquidity zone remains possible before the broader downtrend resumes toward 3940–3900
Best regards,
R. Linda Short 
XAUUSD: Tests Descending Trendline – Bears Eye Another Move DownHello everyone, here is my breakdown of the current XAUUSD setup.
Market Analysis
XAUUSD previously traded inside a large symmetrical triangle before breaking below support, confirming a bearish shift. Price later attempted several recoveries but continued forming lower highs beneath the long-term descending trendline, while repeated breakouts above the triangle support line failed to produce sustained bullish momentum.
Currently, XAUUSD is trading below the 4,080 Resistance Zone while holding above the 3,940 Support Zone. Price continues to respect the descending trendline, suggesting sellers remain in control despite the recent recovery attempt.
My Scenario & Strategy
As long as XAUUSD remains below the 4,080 Resistance Zone and continues respecting the descending trendline, the bearish scenario remains valid. A rejection from current levels could push price toward the 3,940 Support Zone (TP1).
However, if XAUUSD breaks above the 4,080 Resistance Zone and the descending trendline, the bearish outlook would weaken, opening the door for a stronger bullish recovery.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk. Short 
ETHUSDT - The Battle for a Key Support Zone BINANCE:ETHUSDT.P is showing local bullish momentum and appears stronger than Bitcoin in the current market environment. Price action is focused on the 1800–1850 zone, where buyers and sellers are competing for control
Bitcoin remains in consolidation between 61,000 and 65,000, while the broader market trend is still bearish. The lack of both fundamental and technical support continues to weigh on the crypto market as a whole.
From a technical perspective, Ethereum has broken above resistance, confirming a short-term bullish structure. During the ongoing correction, price is respecting the local trendline while testing the 1808–1848 area of interest
Resistance levels: 1848, 1946, 1966
Support levels: 1833, 1807, 1774
The key trigger remains 1848. If bulls can establish sustained consolidation above this level, it could become the technical catalyst for a move toward 1945–1966
Best regards,
R. Linda 
Long
Gold Fails to Break Resistance — $3,940 Support in FocusHello traders! Here’s my technical outlook based on the current XAUUSD (4H) chart structure. XAUUSD previously traded inside a broad range beneath a long-term descending trendline before breaking below the range support, confirming renewed bearish momentum. Price later formed a Rounding Top at the trendline resistance, where sellers regained control and pushed the market lower. Currently, XAUUSD is trading above the 3,940 Buyer Zone while remaining below the 4,100 Seller Zone. Price continues to respect the long-term descending trendline, with the recent recovery struggling beneath this major resistance. As long as XAUUSD remains below the 4,100 Seller Zone and the descending trendline, the bearish scenario remains valid. A rejection from current levels could push price toward the 3,940 Buyer Zone (TP1), where buyers may attempt to defend support. Please share this idea with your friends and click "Boost" 🚀 Short 
Canadian Dollar Stuck Between Tariffs and OilUSD/CAD traded with a firmer tone on Tuesday as the Canadian Dollar remained under pressure from the latest U.S. tariff escalation. The U.S. imposed a 50% tariff on a range of Canadian goods tied to disputes over cars, alcohol, and dairy, which immediately complicates Canada’s trade outlook. Normally, elevated oil prices would give the Canadian Dollar a cleaner tailwind, but tariff risk and weaker domestic momentum are making that support less powerful.
For the BOC, the rate path remains a hold story. The central bank kept rates at 2.25% last week and continues to balance elevated inflation against soft growth and trade uncertainty. Canadian inflation already surprised to the downside this week and is expected to ease if oil and gasoline pressures fade, but that forecast now sits against a more complicated trade backdrop. The Canadian Dollar is stuck between two forces: oil supporting Canada’s terms of trade and tariff risk undermining confidence in the growth outlook.
In the above chart, USD/CAD has found follow through in recent weeks after finally breaking out of a multiyear triangle that originated in 2023. In June it was noted that “the first hurdle to validate the bullish breakout is the band of resistance formed by the highs in January, March, and April of this year around 1.3929/66. Through these levels, USD/CAD may have offered the strongest confirmation yet that the near three-year triangle has ceded way to a new bullish trading regime.” Along these lines, USD/CAD’s recent turn higher through its 50-day EMA (exponential moving average) ahead of 1.3929/66 suggests that a series of higher highs and higher lows is emerging. The low carved out by the bullish engulfing bar on July 20 just above 1.4000 may be respected as a turning point in the near-term. That said, a resolution of the fundamental disputes, particularly on tariffs, could override this technical turning point and shift the near-term focus back to the downside. 
Long
GOLD - A false breakout of resistance within a bearish trendICMARKETS:XAUUSD has broken out of its short-term descending channel within the current distribution phase and is now testing the 4134 liquidity zone while printing fresh intermediate highs. Despite the technical recovery, the broader fundamental backdrop remains weak
Gold remains caught between geopolitical support and pressure from hawkish Federal Reserve expectations and elevated real yields. Analysts note that a sustainable recovery would likely require lower oil prices, declining bond yields, and softer expectations for further monetary tightening. Until then, the upside potential is expected to remain limited.
At the moment, oil prices continue to rise, while the U.S. dollar has strengthened for a fifth consecutive session, maintaining its broader bullish trend.
Bullish drivers: Geopolitical de-escalation, Falling oil prices, A weaker U.S. dollar, Softer expectations for Fed rate hikes
Bearish drivers: Escalation of geopolitical tensions, Rising oil prices, Hawkish Fed rhetoric, Continued U.S. dollar strength
Resistance levels: 4124, 4134, 4195
Support levels: 4103, 4067, 4028
Technically, the market is testing a key liquidity pool within the current distribution phase and may be forming a short squeeze. If bears manage to keep price below the 4124–4134 resistance zone, it could trigger another leg lower in line with the broader daily bearish trend
Best regards,
R. Linda Short 
Six Rejections and Counting for ETH/USDEthereum continues to carve out an ascending triangle on the H4 chart, a pattern that points to the potential for an eventual topside breakout. But after one rejection at the March 30 low on July 15 and another five failed attempts since to break convincingly above $1,937.50, the price action is beginning to look heavy, raising the risk of a shakeout before bulls make another run at resistance.
The price is now testing $1,917, a level that has acted as both resistance and support over recent days. While it's not a major technical level, it's one I'm watching closely as it may provide a useful trigger for shorter-term directional trades.
A decisive break below $1,917 may provide an opportunity to initiate short positions with a tight stop above the level for protection, initially targeting the 38.2% Fibonacci retracement of the April-June bear move at $1,890.74. If selling pressure builds from there, the July 14 uptrend comes into focus, followed by support at $1,845 and then $1,802.
Momentum indicators are also starting to lean in favour of the bears, although the evidence is far from conclusive. RSI (14) has rolled over after posting a lower high and is sitting around 60, while MACD is on the cusp of a bearish crossover despite remaining above the zero line. It's not a slam-dunk bearish signal just yet, but it does suggest the bulls are beginning to lose their grip.
Another setup worth watching is a retest of $1,937.50. If the price rallies back towards that level only to be rejected again, it may provide another opportunity to initiate short positions with a tight stop above resistance, targeting $1,917 initially before looking towards the downside levels outlined above.
However, we must acknowledge the broader bullish structure remains intact. A convincing break above $1,937.50 would confirm the ascending triangle breakout, opening the door to long positions with a stop beneath the level for protection, targeting a measured move of around $200. That would put the 50% Fibonacci retracement of the April-June bear move at $2,000 in focus initially, followed by $2,040, another level that acted as both support and resistance earlier this year. A full measured move would also bring $2,160 into view, another important level that acted as both support and resistance earlier in 2026.
For now, $1,917 and $1,937.50 are the levels I'm watching. A break of either should provide a much clearer indication of where Ethereum is likely headed next.
Good luck!
DS 
Long
Short
Long
XAUUSD Short: Tests Channel Resistance – Rejection in FocusHello traders! Here’s my technical outlook based on the current XAUUSD (2H) chart structure. XAUUSD previously broke below an ascending demand line, confirming a bearish shift. After consolidating inside a range, price rebounded from the 3,940 Demand Zone but remained inside a descending channel. The recovery stalled below the 4,040 Supply Zone and channel resistance.
Currently, XAUUSD is trading above the 3,940 Demand Zone while remaining below the 4,040 Supply Zone. The latest rejection from channel resistance suggests sellers remain in control.
As long as XAUUSD stays below the 4,040 Supply Zone and respects the descending channel, the bearish scenario remains valid. A rejection from current levels could push price toward the 3,940 Demand Zone (TP1). Manage your risk! Short 
## NIFTY 50 – 4-Hour Chart Analysis## NIFTY 50 – 4-Hour Chart Analysis
1. Nifty is trading inside a **large symmetrical triangle**, indicating a period of consolidation where buyers and sellers are preparing for the next major directional move.
2. Price is currently approaching the **upper trendline resistance near 24,350–24,400**, a zone where multiple previous rejections have occurred, making it a crucial resistance level.
3. The Elliott Wave structure suggests that **Wave (5)** of the corrective rally is nearing completion, increasing the probability of a short-term reversal.
4. The chart indicates an **ABC corrective pattern** has likely completed, and failure to break above the triangle resistance could trigger a fresh bearish impulse.
5. The immediate support is around **23,750**, which is also highlighted on the chart as the first downside target after a breakdown.
6. A decisive close below **23,750** would confirm the breakdown from the triangle and could accelerate selling towards **23,200–22,900**.
7. The lower ascending trendline has supported prices several times, but repeated tests generally weaken support, increasing the probability of an eventual breakdown.
8. A sustained breakout above **24,400** with strong volume would invalidate the bearish setup and could lead to a rally towards **24,700–25,000**.
9. Traders should closely monitor the **24,350–24,400 resistance** and **23,750 support**, as a breakout from either level is likely to determine the next medium-term trend.
10. **Overall Outlook: Moderately Bearish (7.5/10)** with the expected path: **24,340 → 24,400 (Resistance) → 23,750 → 23,200 → 22,900**, while **24,400** remains the key breakout and invalidation level.
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### Disclaimer
> **Disclaimer:** This analysis is based on technical indicators, Elliott Wave interpretation, chart patterns, trendline analysis, support and resistance levels, and the current market structure. It is intended **solely for educational and informational purposes** and **should not be considered financial or investment advice**. Financial markets are inherently volatile, and no technical analysis can guarantee future price movements. Please conduct your own research and consult a qualified financial advisor before making any investment or trading decisions.
Short
Short
GOLD - The hunt for liquidity before the fall to 3900...FX:XAUUSD has completely unwound the bullish momentum generated by the recent news and has printed fresh local lows. The market remains in both a local and broader bearish trend, driven by persistent fundamental and geopolitical uncertainty
Gold continues to trade under pressure, with sellers firmly in control. The next key catalysts will be the U.S. Consumer Sentiment and Inflation Expectations reports. The technical outlook remains bearish, with price making new local lows while still holding above the key 3960 support area. Before the broader decline resumes, the market may enter a liquidity sweep phase, with downside potential extending toward 3940–3900.
Bearish drivers: Escalation of geopolitical tensions, Rising oil prices and a stronger U.S. dollar, Hawkish Federal Reserve rhetoric, Strong U.S. economic data
Bullish drivers: Geopolitical de-escalation, Weaker-than-expected consumer sentiment data, End-of-week profit-taking
Resistance levels: 4028, 4043, 4065
Support levels: 3960, 3943
The U.S. dollar remains in a strong bullish trend, reinforcing the bearish outlook for gold. Technically, the market is developing a breakout structure around the 3960–3940 support zone. A sustained break and close below this area could trigger another leg lower.
However, before the next sell-off, a short squeeze toward the 4028–4065 resistance zone remains possible. A false breakout of this area could attract fresh selling pressure and accelerate the broader downtrend
Best regards,
R. Linda Short 
Long
