GOLD - The pressure of the global bearish trendICMARKETS:XAUUSD is trading near the key daily support level of 4,510; the reaction within the long squeeze is weak, and the market continues to maintain a bearish structure. Meanwhile, the dollar is stagnating
Gold received support from geopolitical optimism on Wednesday, but the Fed’s hawkish stance and the possibility of a breakdown in negotiations are holding back gains. Today’s PMI data and developments regarding Iran will determine whether gold can hold above $4,600
Technically, the market is under pressure from bears within the medium-term trend. Locally, the focus is on two key triggers: the control point and the liquidity zone at 4,540. The second key zone is the resistance of the current local range at 4,588–4,607.
Resistance levels: 4,540, 4,588, 4,607
Support levels: 4,510, 4,565, 4,400
Locally, the dollar is stagnating due to geopolitics, but at the same time, consolidation is forming above key support, which is generally putting pressure on the metal. After hitting a new low, gold is forming a correction and closing within the 4465–4588 range; the reaction from the bulls is relatively weak. A short squeeze at 4540 (second trigger at 4588) could trigger a decline. A close below 4510 could trigger a drop to 4400
Best Regards, R. Linda!
Parallel Channel
$SPX 18-year Parallel Channel RSI AnalysisThe S&P 500 has been trading in an 18-year parallel channel.
Every time the RSI trades >75 we see a significant market correction, where we are then presented with amazing buying opps when the RSI touches ~50 in confluence with the MMA34.
This time is different tho, right?
Soon or Late massive gold breakout will happenGold is approaching a major weekly resistance level, and a breakout to the upside would likely trigger a strong bullish impulse. However, a short-term correction may occur first if the current channel resistance holds, similar to previous reactions. Once the breakout confirms, gold is expected to continue toward its long-term bullish targets.
Current Market Structure:
Gold is trading near a significant weekly resistance zone. This level has previously acted as a barrier, causing short-term pullbacks. However, the broader long-term structure remains bullish, with each correction forming higher lows — a sign of underlying strength.
Key Levels & Expected Path:
Weekly Resistance (Breakout Level) : Major channel resistance (key upside trigger)
Immediate Risk: Possible short-term correction or rejection if resistance holds, similar to prior price reactions
Expected Breakout : Sooner or later, the resistance is expected to break to the upside
Long-Term Bull Targets: Once breakout is confirmed, gold should resume its long-term bullish trajectory toward higher targets
Technical Rationale :
Gold has been in a multi-year uptrend, and the current channel represents a healthy corrective phase within that trend. Repeated tests of resistance weaken its significance over time, increasing the probability of an eventual breakout. A confirmed close above weekly resistance would signal a shift in momentum and likely attract fresh buying interest.
Trade Consideration & Risk Management:
Bullish Entry (Aggressive): Enter on a confirmed breakout above channel resistance with strong volume
Bullish Entry (Conservative): Wait for a retest of the broken resistance as support before entering
Short-Term Consideration: Traders may anticipate a pullback from resistance before the eventual breakout
Stop-Loss: Below the recent swing low or channel support, depending on entry timing
Take-Profit: Long-term targets aligned with the broader bull market structure
MMBT — your eyes on the markets. If this helped, hit like and follow. 💬✅
Neiro Big chance ahead (++MASSIVE PUMP++)NEIRO has broken above its previous descending channel, establishing a slightly bullish market structure. Rather than rushing to enter, a pending buy order is set above the next trendline resistance. A confirmed second breakout above that level would trigger a long entry, targeting a high-volume, substantial upward move.
Current Market Structure:
NEIRO has successfully broken out of its prior descending channel, signaling a potential shift from bearish to early bullish momentum. The price is now consolidating or slowly drifting higher, but a decisive second breakout is still needed to confirm the reversal.
Key Levels & Expected Path:
First Breakout: Previous descending channel now acting as potential support
Pending Entry Level: Above the next trendline resistance (second breakout trigger)
Confirmation Needed: A decisive close above the second trendline resistance with increasing volume
Expected Outcome: Upon confirmation, a high-volume, massive upward move is anticipated
Technical Rationale:
Breaking one descending channel reduces selling pressure, but a second breakout above a higher trendline resistance provides stronger confirmation of trend reversal. By setting a pending buy above the second resistance, the strategy avoids false breakouts and ensures entry only when bullish momentum is confirmed. High volume accompanying the second breakout would validate genuine buyer interest.
Trade Consideration & Risk Management:
Entry Trigger: Pending buy order placed above the next trendline resistance
Confirmation: Second breakout must occur with clearly higher trading volume
Stop-Loss: Below the second breakout level or recent swing low
Take-Profit: Multiple targets based on measured moves and historical resistance levels
Patience Emphasis : No rush to enter; waiting for the second breakout reduces risk and improves probability
MMBT — your eyes on the markets. If this helped, hit like and follow. 💬✅
BTC IS ABOUT TO LEAVE THE 76K–78K RANGEHey friends! ✌️
Since the opening of the Asian trading session, Bitcoin has been unsuccessfully attacking the 78,000 level. Breakout attempts are marked with red arrows.
The 76,000–78,000 trading range has been defined very precisely, and the entire battle is currently taking place inside this zone.
Yesterday’s outlook remains more relevant than ever:
🚀 «A breakout above 78,000 would most likely continue the move toward 82,500 and higher — toward the previously mentioned targets.
⚰️ A breakdown below 76,000, on the other hand, could open the way for a continuation of the decline toward 73,700.»
Let’s see what happens during the US trading session and whether buyers or sellers will be able to push the price above or below the range.
Peace! 🌍
Trade setup with great Risk/RewardPretty self explanatory. Looks like we've had a 1-2, 1-2 setup and we are going into the third wave now. Should be one more 1-2 and then lift off. Entering now gives really good potential or you can wait for the next 1-2 and put a limit order right above the support at the previous degree wave 1 high.
EURUSD Long: Signals Potential Recovery From 1.1580 Demand ZoneHello traders! Here’s my technical outlook based on the current EURUSD (4H) chart structure. EURUSD previously traded inside a consolidation range. After forming a major pivot point near the upper boundary of the channel, price reversed sharply and started a bearish correction toward the lower support area.
Currently, EURUSD is trading above the 1.1580 demand zone, while remaining below the 1.1640 supply zone. Price recently broke below the mid-range structure and retested the supply zone before facing another rejection, signaling that sellers are still active despite the current rebound attempt.
As long as EURUSD remains above the 1.1580 demand zone and continues to respect the ascending channel support, the bullish recovery scenario remains valid. A continuation higher could push price toward the 1.1640 supply zone (TP1). Manage your risk!
Ondo double bottom targets new ATHOndo has formed a double bottom. Macd sellside pressure is about to being bullish I believe Ondo has already moved out of its bear cycle and is ready to hit new all time highs. Perfect time to go long. Enter at either the bottom of the channel or when the neckline breaks. The measured move targets above its previous all time high. Ondo is moving don’t skip on this one. Ondo finance recently announced metamask will be selling tokenized stocks through the Ondo blockchain. It will match prices listed for stocks and fill with ondo tokenized assets. Definitely a gem of a coin.
XAUUSD Rebound From Key Buyer Zone - Possible Gold Recover 4,600Hello traders! Here’s my technical outlook based on the current XAUUSD (3H) chart structure. Gold previously traded inside an ascending channel. After reaching the upper resistance boundary, price reversed sharply, broke below the channel support, and shifted into a broader bearish correction phase. Currently, XAUUSD is trading above the 4,400 buyer zone, which acts as a major support area, while remaining below the 4,600 seller zone that now serves as the key resistance level. Price recently rejected the descending trend line after a fake breakout attempt, signaling that sellers remain active despite the ongoing recovery attempts. As long as XAUUSD holds above the 4,400 support zone and buyers continue defending the current structure, the bullish rebound scenario remains valid. A recovery from this area could push price toward the 4,600 resistance zone (TP1). Please share this idea with your friends and click "Boost" 🚀
MarketBreakdown | EURGBP, EURJPY, US100, DXY
Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #EURGBP daily time frame 🇪🇺🇬🇧
The pair reached a significant demand zone based on a horizontal
structure support and a rising trend line.
Because the market looks too oversold to me, there is a high chance
that a pullback will occur soon.
2️⃣ #EURJPY daily time frame 🇪🇺🇯🇵
The market is in a weak momentum now.
The price is stuck within a narrow horizontal range.
I will expect a bullish movement to the resistance of the range
with its potential breakout to the upside.
3️⃣ #NASDAQ Index #US100 daily time frame 🇺🇸
The index found strong support after a pullback from the ATH.
The market reacted to that, forming an imbalance bullish candle yesterday.
With a high probability, the index will continue rising.
4️⃣ #DXY Dollar Index daily time frame $
The market is currently consolidating within a horizontal parallel channel.
I will be waiting for a breakout of one of the boundaries of that to confirm
the next wave.
Do you agree with my market breakdown?
❤️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.
XAUUSD Long: Rebound From Support Targets 4,620 ResistanceHello traders! Here’s my technical outlook based on the current XAUUSD (1H) chart structure. XAUUSD previously traded inside a descending channel. After reaching a pivot low near the 4,510 demand zone, price broke out of the channel and entered a consolidation range.
Currently, XAUUSD is trading above the 4,510 demand zone, which acts as key support, while remaining below the 4,620 supply zone that now serves as the main resistance area. Price respecting the ascending demand line, signaling that buyers are regaining control.
As long as XAUUSD remains above the 4,510 support zone and respects the ascending demand line, the bullish scenario remains valid. A continuation higher could push price toward the 4,620 supply zone (TP1). Manage your risk!
XAUUSD Short: Sellers Take Control as Gold Loses MomentumHello traders! Here’s my technical outlook based on the current XAUUSD (4H) chart structure. Gold previously traded below a long-term descending trend line. After forming a major pivot point near the demand zone, price reversed sharply and entered an ascending channel.
Currently, XAUUSD is trading below the 4,720 supply zone while breaking down from a rounding top formation near the upper boundary of the recent range. Price also failed to hold above the descending trend line, and the latest rejection from resistance confirms that sellers remain in control of the market structure.
As long as XAUUSD remains below the 4,720 resistance zone and continues to respect the descending trend line, the bearish scenario remains valid. A continuation lower could push price toward the 4,430 demand zone (TP1). Manage your risk!
EURUSD: Descending Trendline Signals Further Downside To 1.1580Hello everyone, here is my breakdown of the current EURUSD setup.
Market Analysis
EURUSD previously traded inside an upward channel, confirming strong bullish momentum. After breaking below the channel support, price entered a consolidation range near the 1.1750 area before losing momentum and reversing lower.
Currently, EURUSD is trading below the 1.1670 resistance zone while holding above the 1.1580 support zone. Price recently broke below the range support and continues to respect the descending trendline, signaling that sellers remain in control and bearish pressure is still dominant.
My Scenario & Strategy
As long as EURUSD remains below the 1.1670 resistance zone and respects the descending trendline, the bearish scenario remains valid. A continuation lower could push price toward the 1.1580 support zone (TP1).
However, if price breaks back above the 1.1670 resistance zone and reclaims the descending trendline, the bearish outlook would be invalidated, opening the path for a stronger recovery.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
XAUUSD: Rejection at Resistance Opens Path to 4,440 Support ZoneHello everyone, here is my breakdown of the current XAUUSD setup.
Market Analysis
XAUUSD previously traded inside an upward channel, confirming strong bullish momentum. After reaching the major 4,720 resistance zone, price lost momentum and entered a downward channel. Following a breakout from that bearish structure, gold formed a short-term range and attempted to recover.
Currently, XAUUSD is trading below the 4,720 resistance zone while holding above the 4,440 support zone. Price recently formed a fake breakout above resistance and completed a rounding top pattern, signaling that buyers are losing control and sellers are regaining momentum.
My Scenario & Strategy
As long as XAUUSD remains below the 4,720 resistance zone and fails to reclaim the upper boundary, the bearish scenario remains valid. A continuation lower could push price toward the 4,440 support zone (TP1).
However, if price breaks back above the 4,720 resistance zone and holds above the recent highs, the bearish outlook would be invalidated, opening the path for a stronger recovery.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Bitcoin Analysis: Rebound From 75,500 Demand Zone Toward 78,800Hello traders! Here’s my technical outlook based on the current BTCUSDT (4H) chart structure. BTCUSDT previously traded inside a range before breaking out and entering an ascending channel. After reaching the upper boundary of the channel, price broke below the structure and shifted into a consolidation phase. Currently, BTCUSDT is trading above the 75,500 buyer zone, which acts as key support, while remaining below the 78,800 seller zone that now serves as the main resistance area. Price recently declined from the descending resistance line and is retesting the ascending support line, signaling that buyers are attempting to defend the current structure. As long as BTCUSDT holds above the 75,500 support zone and respects the ascending support line, the bullish scenario remains valid. A rebound from this area could push price toward the 78,800 resistance zone (TP1). Please share this idea with your friends and click "Boost" 🚀
Gold Price Fails at Key Resistance as Sellers Take Back ControlHello traders! Here’s my technical outlook based on the current XAUUSD (2H) chart structure. Gold previously traded inside an ascending channel. After reaching the upper resistance boundary, price reversed sharply and entered a broader descending channel. Currently, XAUUSD is trading below the 4,620 seller zone while holding above the 4,450 buyer zone, which acts as the next major support area. Price recently attempted a breakout above the resistance level but failed to maintain bullish momentum, confirming that sellers remain active near the upper boundary of the descending structure. As long as XAUUSD remains below the 4,620 resistance zone and continues to respect the descending resistance line, the bearish scenario remains valid. A continuation lower could push price toward the 4,450 support zone (TP1). Please share this idea with your friends and click "Boost" 🚀
GBPJPY REJECTION CONFIRMED – Smart Money Trap?GBPJPY is currently trading inside a clear bearish structure after rejecting a strong supply/resistance zone around 213.30 – 213.60, where sellers have stepped in multiple times. Price is also respecting the descending trendline, adding strong confluence for further downside movement. Multiple rejections from this area signal weakening bullish momentum, and unless buyers reclaim the supply zone with strong candle confirmation, the bearish bias remains dominant.
The current structure suggests a possible lower high formation, followed by continuation toward lower support levels. A rejection from the trendline could trigger the next impulsive move down toward the first demand zone. If price breaks below support, momentum could accelerate toward the psychological zone.
🔑 Key Levels:
Supply / Resistance Zone: 213.30 – 213.60 (major rejection area)
Immediate Support: 211.40 – 211.50 (first bearish target)
Psychological Support: 210.80 – 210.90 (major demand zone)
📊 Market Outlook:
✔️ Bearish below descending trendline
✔️ Strong seller reaction from supply zone
✔️ Possible retest before continuation lower
✔️ Breakdown could fuel aggressive downside momentum
💬 If you found this analysis helpful, don’t forget to support with a Like 👍 and Comment your view below!
⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always use proper risk management and wait for confirmation before entering trades.
GOLD - Pre-break consolidation around 4500 ICMARKETS:XAUUSD is under pressure from a bearish trend on both the local and global scales. The strong dollar is attracting capital. The market is digesting the latest developments surrounding the U.S.-Iran conflict
The market did not buy into the “TACO” narrative, remaining cautious. Geopolitics is at an impasse, which is also putting pressure on gold through high oil prices.
The inflation shock on May 12–13 (CPI 3.7% y/y, PPI 6.0% y/y) has completely ruled out expectations of rate cuts in 2026, triggering a flight to safe-haven assets (the dollar).
Gold’s next move depends on developments in the Middle East. If stagflation risks return to the forefront, U.S. bond yields may resume their rise, putting further pressure on the non-yielding yellow metal
Resistance levels: 4588, 4607, 4646
Support levels: 4510, 4479, 4400
Globally, the focus is on the key support level at 4510. A break below this level could trigger a further decline toward 4400. However, locally, gold is consolidating between 4510 and 4588 and may remain within these boundaries for some time, testing resistance before falling.
Best Regards, R. Linda!
MESM May 19: Sitting on hands until 7372 or 7454 breaksMESM analysis for Tuesday, May 19
MESM is still trading inside yesterday’s range, and right now price is sitting around 7400. Because of that, this is not the kind of session where I want to be aggressive in the middle of the structure.
On the 4H chart, the key downside level I’m watching is 7372, which is yesterday’s low. If price breaks that level, then I think we could see downside continuation.
On the upside, the key bullish confirmation level for me is 7454. If we get a 4H candle close above 7454, then I think the trend could continue higher from there.
On the 1H chart, the structure remains range-bound between the marked levels, so I’d rather stay patient than force a trade inside the middle of the range.
On the 15M chart, the upside liquidity I’m watching is 7476, while the downside target I’m watching is 7362. Once the higher-time-frame range breaks, those 15-minute targets become more relevant.
Key levels
7454 = 4H bullish breakout level
7476 = upside liquidity
7372 = yesterday’s low / downside trigger
7362 = downside target
So for today, my plan is:
Stay patient while price remains in range
If price breaks 7372, watch for downside continuation
If we get a 4H close above 7454, watch for bullish continuation toward 7476
Not financial advice. No confirmation, no trade. CME_MINI:MESM2026
BTCUSDT Short: Momentum Fades, Demand Zone at 75,400 in FocusHello traders! Here’s my technical outlook on BTCUSDT (2H) based on the current chart structure. After breaking the consolidation range, BTC formed a pivot low near 74,800 and recovered inside the ascending channel. However, after reaching a pivot high near 82,800, the price lost momentum.
Currently, BTC has broken the descending channel even lower and broken the supply zone of 77,500, which now acts as resistance. This confirms the renewed pressure of sellers, and the price is now moving towards the demand zone of 75,400.
My scenario: as long as BTCUSDT remains below 77,500, the bearish bias remains valid. A continued decline could push the price to the demand zone of 75,400 (TP1). A recovery above the resistance level will weaken the bearish sentiment. Manage your risk!






















