GOLD - Countertrend correction to the liquidity zoneFollowing the false breakout below the 4030 support level, ICMARKETS:XAUUSD is rebounding higher, with recent shifts in the geopolitical backdrop adding fuel to the move. However, the market remains bearish overall.
Optimism sparked by Trump's decision to cancel major strikes against Iran and renewed hopes for a deal has been replaced by fresh clashes in the Strait of Hormuz. Geopolitical instability remains elevated. Against this backdrop, the U.S. Dollar Index continues to hold firm, putting pressure on gold. Hotter-than-expected U.S. inflation data has reinforced expectations of a 0.25% Fed rate hike in December. Sellers are therefore likely to remain in control.
Key catalysts ahead include consumer sentiment and inflation expectations data on Friday, as well as the first Federal Reserve meeting under the new Chair, Kevin Warsh, next week. Geopolitics will continue to play a decisive role
Resistance levels: 4246 – 4315 – 4368
Support levels: 4171, 4100, 4060
The market is reacting to the false breakdown of support, resulting in a countertrend correction. Gold is moving toward a key liquidity zone, with the main area of interest located between 4315 and 4368.
A short squeeze within this zone would confirm a liquidity-driven manipulation and could trigger a reversal, leading to a move lower toward the next key areas of interest.
Best regards,
R. Linda 
Short
Long
XAUUSD Buy Scenario: Liquidity Sweep CompletedXAUUSD has shown signs of completing its bearish five-wave decline after sweeping liquidity below the recent lows and producing a strong bullish reaction. The sharp rejection from the low suggests that sellers may be losing momentum, while buyers begin to step into the market.
From an Elliott Wave perspective, the recent low is a potential Wave 5 completion point, increasing the probability of a corrective recovery. The current bullish displacement indicates that the market may be transitioning from a bearish impulse into a retracement phase.
The preferred buy scenario is to wait for a pullback into the 4,088-4,111 buy zone, where liquidity and market structure align. A retracement into this area would allow the market to rebalance before potentially continuing higher. As long as buyers defend this zone, the recent liquidity sweep is likely to remain the short-term low.
While the higher timeframe favors a corrective recovery, traders on lower timeframes may still find short-term sell opportunities. Any rally into nearby liquidity pools, premium areas, or intraday resistance levels could attract temporary selling pressure before the broader retracement resumes. These sell setups should be viewed as short-term countertrend trades within a larger corrective bullish phase.
Overall, the main focus remains on the 4,088-4,111 buy zone. If buyers continue to defend this area, the recent liquidity sweep could mark the completion of Wave 5 and support a broader move toward higher liquidity targets, while lower timeframes may offer tactical sell opportunities during corrective rallies. PPI Night Ahead – Relief Rally Or Just A Dead Cat Bounce?Gold is attempting a recovery after yesterday’s CPI-driven selloff, but the broader H1 structure remains bearish.
The market is now shifting focus to tonight’s high-impact U.S. data:
📊 PPI m/m Forecast: 0.7% (Previous 1.4%)
📊 Core PPI Forecast: 0.5%
📊 Initial Jobless Claims Forecast: ~220K (Previous 225K)
A softer PPI or weaker labor data would reinforce expectations for future Fed easing, potentially weakening the USD and supporting Gold. On the other hand, stronger-than-expected inflation or labor figures could revive USD strength and pressure bullion once again.
From a technical perspective, Gold is rebounding from the 1.0 Fibonacci extension near 4,024 after an aggressive markdown phase. Buyers have managed to defend the daily low zone, creating a short-term relief bounce.
Key H1 Levels
🔹 Resistance: 4,153.929
🔹 Major Supply Zone: 4,202.291
🔹 Current Pivot: 4,096.774
🔹 Day Low Support: 4,024.963
IF–THEN Scenario
✅ If price reclaims and closes above 4,153.929, buyers may extend the recovery toward the 4,202.291 supply zone.
❌ If price fails below resistance and sellers regain control, the market could revisit 4,024.963, with risk of a fresh liquidity sweep lower.
With PPI and Jobless Claims both scheduled during the U.S. session, volatility is expected to increase sharply. Waiting for post-news confirmation may provide cleaner institutional setups than predicting the release itself. Short 
Gold Launches ABC Correction Ahead of US PPI!The Gold market (XAUUSD) finds a solid footing in Thursday's session, establishing a definitive short-term bottom following the recent impulsive sell-off. Market attention now shifts entirely to the upcoming US PPI (Producer Price Index) data. As wholesale inflation figures act as a leading indicator for consumer prices, this report will either reinforce the hawkish "higher-for-longer" interest rate narrative or give breathing room to the financial markets.
Based on the Bearish Elliott Wave structure and the emerging ABC corrective pattern on the H1 timeframe, the core technical levels to monitor include:
Major Resistance (Potential Wave C Target): 4,243.845 – This marks the ultimate overhead Confluence Zone, perfectly aligning with the Fibonacci Retracement 0.618 level and a major structural supply block.
Intermediate Resistance (Potential Wave A Peak): 4,154.480 – A critical horizontal checkpoint overlapping with the Fibonacci Retracement 0.382 layer, where early sellers might attempt to re-establish control.
Psychological Support (Wave 5 Bottom): 4,022.150 – The definitive swing low where massive institutional buying interest stepped in, forming the baseline for the current recovery.
Market Debate
Is Gold initiating a major structural reversal toward 4,243, or is this ABC bounce another trap before breaking below 4,000?
The Bullish Case (Buyers): The bottom is in at 4,022.150. Technical indicators confirm that the market was severely oversold, and the current upward drive shows solid momentum. If the tonight's US PPI data prints a cooler-than-expected figure, it will fuel a powerful short-squeeze, easily driving the price through the 4,154 checkpoint to complete the Wave (C) extension toward 4,243.
The Bearish Case (Sellers): This entire upward move is merely a corrective bear-market bounce to hunt for buy-stops and tap fresh liquidity. The primary trend is aggressively bearish. Sellers are heavily reloading supply orders at the 4,154 and 4,243 Fibonacci layers, waiting for a hot PPI release to kill the bounce and push Gold into a deeper capitulation phase.
What's your outlook on this H1 corrective structure? Will the upcoming PPI report propel Gold straight to the 4,243 golden pocket, or will the bears defend the 4,154 layer aggressively? Share your technical thoughts and charts in the comments below! Long 
WTI : Fibonacci Retracement and Liquidity-Based Market OutlookHELLO TRADERS
This analysis highlights a corrective bearish structure in WTI Crude Oil after a strong rejection from the major resistance area near 95.46, where price completed a swing high and failed to sustain bullish momentum. Following the rejection, the market broke below the ascending support trendline, confirming a shift in short-term order flow from bullish to bearish.
The current price action is trading within a key Fibonacci retracement range drawn from the recent swing high (95.46) to the swing low (85.98). Price is currently hovering around the 0.236 Fibonacci level (88.21–88.23), which is acting as an immediate support zone. This area represents a decision point where buyers and sellers are competing for control.
A recovery toward the 0.50 Fibonacci level (90.72) and the Golden Zone between 0.50 and 0.618 (90.72–91.83) remains possible if buyers defend the current support. Historically, this Fibonacci region is considered a high-probability reaction area where institutions often seek liquidity before determining the next directional move. Any bullish continuation would require acceptance above the Golden Zone, potentially opening the path toward 93.43 (0.786) and eventually a retest of the descending resistance trendline.
However, the broader structure remains cautious while price trades beneath the descending trendline. The projected path suggests that the market may first engineer liquidity by creating short-term bullish retracements before seeking lower levels. A failure to hold the 0.236 support could trigger a move toward the 0.50 retracement of the lower projected range (87.11), followed by 86.00 (0.618) and 84.41 (0.786).
The highlighted Buying Zone near 82.38–81.80 represents a significant liquidity area where deeper discounts may attract institutional demand. This region aligns with the completion of the projected corrective structure and could become a strong reaction zone if the market performs a deeper sweep of sell-side liquidity before reversing higher.
Key Levels
Resistance: 90.72, 91.83, 93.43
Immediate Support: 88.21–88.23
Secondary Support: 87.11, 86.00
Deep Liquidity Zone: 84.41
Major Buying Zone: 82.38–81.80
Trading Perspective
As long as price remains below the descending trendline, rallies may be viewed as corrective rather than trend-changing. The market could continue forming lower highs while searching for liquidity at discounted levels. A confirmed breakout above the Golden Zone and trendline resistance would invalidate much of the bearish outlook and increase the probability of a bullish continuation. Until then, traders should monitor reactions around the Fibonacci levels for confirmation before committing to directional bias.
Disclaimer: This analysis is for educational purposes only and reflects a technical interpretation of price action, Fibonacci retracement levels, and market structure. It should not be considered financial advice. 
Long
EURUSD - Consolidation before downward distributionFX:EURUSD maintains its medium-term bearish trend and may continue to decline against the backdrop of a strong DXY
The pair remains in consolidation within the 1.1500–1.1560 range as the market awaits the outcome of the ECB meeting, including the rate decision and Christine Lagarde's press conference. Any signals from the ECB may have only a short-term impact given the strength of the U.S. Dollar Index, which continues to benefit from an unstable geopolitical environment.
On the daily chart, EURUSD remains in a downtrend after breaking and closing below the 200-day moving average in May. Price is currently consolidating within the narrow 1.1530–1.1572 range, building a base for the next move following the ECB meeting
Resistance levels: 1.1575, 1.1584, 1.1661
Support levels: 1.1527, 1.1506, 1.1450
Within the prevailing downtrend, the currency pair may continue moving lower. A breakout from consolidation and a close below 1.1527 could trigger a further decline toward 1.1450.
Best regards,
R. Linda 
Long
BITCOIN - Correction before the decline. Bearish trend BINANCE:BTCUSD.P remains in a bearish trend on both the local and global timeframes. Following the sharp sell-off and the formation of a new low, the market has entered a corrective phase, which may not last long
Bitcoin remains trapped in a deeply bearish structure after failing to establish acceptance above the 64,500 resistance zone and being rejected from that area on Tuesday. On both the daily and weekly timeframes, the market is returning to retest key technical levels. Technically, there is still no sign of strong institutional buying activity, and during this countertrend correction the market may form another short squeeze before continuing lower. From a medium-term perspective, Bitcoin may extend its decline toward major historical support levels at 53,500–49,000.
Resistance levels: 62350, 64250
Support levels: 60700, 59700
Bitcoin's global bearish structure remains intact. The market is testing the key 60K support zone, but the reaction remains relatively weak. As a result, the probability of a continuation lower is increasing. The next major downside target is 53K.
Technically, the market has left significant liquidity above the key daily level, as well as a liquidity pool above 64,250. A short squeeze into these areas could trigger a move lower toward the key zones of interest
Best regards, R. Linda Short 
GOLD - A countertrend correction before a decline ICMARKETS:XAUUSD is in a corrective phase after printing a new low at 4268. Both the local and global bearish trends remain intact; however, the geopolitical backdrop continues to be unstable
Gold is undergoing a fundamental and technical shift to the downside, driven by several factors acting simultaneously: a sharp increase in expectations for further Fed rate hikes (now above 70% by December), a break and close below the 200-day moving average for the first time since October 2023, a stronger U.S. dollar above the psychological 100.0 level, and rising Treasury yields toward the 4.55–4.57% range
Technically, the market remains under pressure, and short positions continue to be the preferred strategy. A short squeeze into a liquidity zone could trigger another sharp decline toward support and lower target levels. However, a sudden positive shift in the fundamental backdrop could invalidate the local bearish structure
Resistance levels: 4353, 4368, 4400
Support levels: 4311–4300, 4268
The U.S. dollar is consolidating after a strong rally but shows no signs of weakness. This technical factor continues to weigh on an already bearish gold market.
From a technical perspective, gold may perform a retest of resistance as part of a liquidity-hunting move. A short squeeze into the 4380–4400 area could trigger a decline toward the key zones of interest at 4300–4250
Best regards, R. Linda Short 
Gold Testing Key Fibo Layers -Wave (4) Top or Deeper Correction?Based on the Bearish Impulse Elliott Wave structure monitored on the H1 timeframe, the critical price levels to watch include:
Major Resistance: 4,415.447 – This marks the primary Confluence Zone, combining the H1 Supply block and the Fibonacci Retracement 0.786 layer. This is the ultimate invalidation threshold for the immediate bearish cycle.
Immediate Resistance Layers: 4,372.407 (Fibonacci 0.5) and 4,347.445 (Fibonacci 0.382) – Internal checkpoints where early sellers might re-enter the market.
Psychological Support: 4,268.253 – The previous swing low established by Wave (3), acting as the primary liquidity pool for the bears.
Major Liquidity Target: Anticipated extension zones below the 4,268 handle once Wave (5) gets fully triggered.
Market Debate
Is Gold building enough momentum to invalidate the bearish wave count before CPI?
The Bearish Case (Sellers): The structural damage inflicted by the rapid drop from Wave (2) to Wave (3) is immense. The current recovery is nothing but a temporary "Liquidity Hunt" to lure in early buyers. As long as the price stays capped below the major resistance at 4,415.447, the technical bias points toward a sharp rejection, initiating a Wave (5) impulsive decline to break below 4,268.
The Bullish Case (Buyers): The bulls have managed to mount a decent defensive stance at the 4,268.253 support layer. If the price can aggressively reclaim the internal Fibonacci levels at 4,347 and 4,372, it will signal short-covering momentum, potentially forcing a deeper structural correction back toward 4,450+ and putting the immediate bearish wave count on hold.
What's your take on this H1 structure? Will Gold face a clean rejection at the 4,415 major resistance, or will the bulls trap the sellers by extending the correction higher? Drop your thoughts and charts in the comment section below! Short 
ETHUSDT - A countertrend correction before a decline Following a sharp decline, BINANCE:ETHUSDT is transitioning into a corrective phase, during which the market may enter a liquidity-hunting stage before another leg lower
The current rebound appears corrective in nature within a broader bearish trend. A breakout above 1,800 with strong momentum could improve the short-term outlook, but a recovery above $2,000 is required to shift the global trend. A loss of the 1,600–1,550 support zone would open the way toward 1,500 and then the key 1,400 area, where the monthly trendline is located.
The fundamental backdrop remains weak, and the market has shown only a muted reaction to the CLARITY Act headlines
Resistance levels: 1,712–1,721, 1,812
Support levels: 1,600, 1,550
A short squeeze could trigger a decline toward 1,600, while a close below 1,600 would open the potential for further downside toward 1,550–1,500. Long positions against the trend should be approached with caution
Best regards, R. Linda 
Short
XAU/USD (Gold) | Technical & Fundamental Analysis 4H TimeframeMacro-Fundamental Overview
The Gold market (XAUUSD) is currently navigating an aggressive tug-of-war between geopolitical safe-haven demands and macroeconomic shifts. Heading into early June 2026, market participants are heavily focusing on the Federal Reserve’s upcoming policy trajectory. Recent economic indicators suggest persistent inflation data, causing institutional investors to trim risk and recalibrate expectations regarding rate cuts.
As Treasury yields experience a localized rebound, the opportunity cost of holding non-yielding bullion has risen. This has triggered a wave of institutional profit-taking and technical de-risking from the historic psychological highs, driving the spot price back down into key discount liquidity pools.
Technical Analysis & Smart Money Concepts (SMC)
The 4-hour (4H) timeframe exhibits a textbook bearish institutional delivery pattern, shifting from premium structural zones back toward major liquidity targets.
1. Market Structure & Liquidity Sweeps
Bearish Order Block & BSL: Price recently swept the Buying Side Liquidity (BSL) marked around the $4,572 - $4,598 zone. This expansion mitigated a well-defined bearish Order Block, trapping late retail breakout buyers before reverting.
Market Structure Shift (MSS): Following the liquidity grab, the market executed a clear Choch (Change of Character) and subsequent MSS to the downside, confirming institutional sell-side delivery.
2. Inefficiencies & Fib Retracement
Fair Value Gap (FVG): The aggressive downward expansion left a significant 4H FVG lower down (around the $4,425 - $4,460 region). Price is projected to aggressively draw toward this imbalance.
Premium vs. Discount Pricing: Utilizing the Fibonacci retracement tool mapped from the recent structural swing, the current mitigation at the 0.5 to 0.618 premium level offers an optimal trade entry (OTE) for a sustained short position.
3. Targets & Outlook
Sell-Side Liquidity (SSL): The primary target for this bearish expansion is the Weak Low resting at $4,363, where a massive cluster of sell-side liquidity is exposed.
Trading Setup Specifications
Strategy: Short (Sell Limit / Market Execution at Premium)
Entry Zone: $4,572.000 - $4,598.000 (Order Block / 0.618 Fib Premium)
Invalidation (Stop Loss): $4,605.000 (Above the Liquidity Sweep High)
Take Profit 1 (Partial): $4,450.000 (FVG Fill)
Take Profit 2 (Main Target): $4,364.000 (Equal Lows / SSL) Short 
GOLD - Bear market. A correction before the decline ICMARKETS:XAUUSD has broken below consolidation support, exiting the range and transitioning into a continuation of the downtrend. The key drivers are Friday's NFP report and a strong U.S. dollar
Gold is experiencing a bearish shift in both its fundamental and technical backdrop. The labor market report has altered expectations for future Fed policy, while the break below the 200-day SMA is adding significant pressure to the metal. The only notable positive factor remains the COT data: smart money positioning continues to be bullish and is at an 18-week high, even as price continues to decline.
A short-term corrective rebound toward the 4,368–4,400 area remains possible before the downtrend resumes. A close below 4,300 would open the path toward 4,260, followed by the 4,160–4,030 zone. For a trend reversal to occur, price would need to recover above 4,510–4,590, which can theoretically be viewed as the key reversal threshold
Resistance levels: 4,368, 4,400
Support level: 4,300
At the end of the trading session, the market began a correction that may extend toward the highlighted areas of interest at 4,368–4,400. A short squeeze could trigger a continuation of the decline toward the key daily level and liquidity zone at 4,300
Best regards, R. Linda Short 
Short
Long
Long
BITCOIN - A pullback before a drop to 60K, or perhaps even lowerBINANCE:BTCUSDT is moving toward 59,800 — the key support zone. However, after retesting a local level, the market is forming a correction against the broader trend
The market remains in panic mode and is testing the 60K area. Dynamic buyers have yet to appear, while fear continues to intensify. A move below 60K could trigger a cascade of liquidations, as many institutional hedging strategies are concentrated around this level.
There is currently no fundamental support for the market, while a series of weak news catalysts has fueled aggressive selling. Large funds continue transferring Bitcoin to exchanges.
Technically, the primary area of interest remains 59,800–53,300. Before reaching this target zone, Bitcoin may enter a local corrective phase
Resistance levels: 64,000, 64,740, 65,360
Support levels: 61,350, 59,800
A long squeeze from local support is driving the current correction. Technically, this is not buying pressure but rather a reaction to profit-taking. The market has entered a liquidity-hunting phase ahead of a potential continuation lower. Key triggers (areas of interest) are located at 63,955 and 65,360. A short squeeze could trigger the next leg down.
Best regards, R. Linda Short 
XAUUSD 4H Analysis – ABC Correction Near Key Support ZoneXAUUSD remains within a broader bearish structure after completing a five-wave decline and forming an ABC corrective pattern. Following the completion of Wave A near the recent highs, price has continued to respect bearish order flow, with multiple rejections from the Order Block (OB) and Fair Value Gap (FVG) resistance zones.
The latest decline confirms that sellers remain active at premium levels, preventing any sustained bullish continuation. Each rally into resistance has been met with selling pressure, resulting in a series of lower highs and maintaining the overall bearish structure.
Price is now approaching a significant support area between 4,422 and 4,409, where a higher-timeframe FVG remains unfilled. This zone represents the primary target for the current decline and could attract liquidity before the next major move develops.
Bearish Scenario:
If selling momentum continues, XAUUSD is likely to complete Wave (B) within the 4,422–4,409 zone. A sweep into this area would fill the imbalance and complete the corrective decline from Wave A. As long as price remains below the recent OB and FVG resistance, the downside target remains valid.
Bullish Scenario:
Should buyers react strongly from the 4,422–4,409 support zone, XAUUSD could begin developing Wave (C) to the upside. A bullish reaction would likely target the nearest FVG resistance first, followed by a potential recovery toward the previous swing highs. This scenario would be strengthened by a bullish displacement and a break of the recent lower-high structure.
For now, the market remains bearish in the short term, but price is approaching a key area where a larger bullish correction may emerge. The 4,422–4,409 zone remains the most important region to watch for the next directional move. Short 
