Trend Line Break

Sell-off incoming There's a bearish pressure from the break of the trendline, there's also a reaction to a former level and on the daily we see a sweep just before the break for the trendline

Ethereum Daily Analysis – Strong Support Reversal Zone Ethereum is currently reacting from a strong support zone on the daily timeframe after a fake breakout and trendline break. Price is showing signs of recovery from this key level, supported by trendline structure and strong buyer interest. If bullish momentum continues, upside targets around 3347, 4168, and 4709 could be the next major levels to watch. Patience, confirmation, and proper risk management remain essential before taking entries. Not Financial Advice

Daily Technical Analysis – Major Targets Ahead for BTC Bitcoin is currently holding above a strong breakout base (BB) zone with trendline support on the daily timeframe. After the trendline break, price is showing signs of bullish continuation from this key support area. If momentum stays strong, upside targets around 89,712, 98,201, 113,711, and 125,590 could be achieved. Confirmation and patience are important before entry, while proper risk management should always remain the priority. Not Financial Advice

XAUUSD Daily Chart – Bullish Reversal Zone Gold is holding above a strong support zone combined with FVG and trendline support on the daily timeframe. Price reaction from this area shows strong bullish potential, and if momentum continues, upside targets around 4886, 5196, 5368, and 5598 could be in play. Patience and proper risk management remain key while waiting for confirmation. Always trade with a clear setup and avoid emotional decisions. Not Financial Advice

Gold 30min Analysis – Resistance & Support Entry Levels Gold is showing a strong bullish momentum on the 30-minute timeframe, currently testing a key resistance area near 4,715. This level has historically acted as a strong selling zone, where price could face rejection. The chart suggests two potential scenarios depending on how price reacts at this level. Rejection at Resistance: If gold faces selling pressure at 4,715, we may see a pullback toward the demand zone near 4,645. This area has previously acted as strong support, providing buyers with a favorable entry point. Traders should watch for bullish reversal candlestick patterns in this zone before considering long positions. Scenario 2 – Break Above Resistance: If gold successfully breaks above 4,715 with strong volume and momentum, it could signal continuation of the bullish trend. Traders may look for retests of this breakout level as a potential buying opportunity. Key Levels to Watch: Strong Selling Area / Resistance: 4,715 Support / Demand Zone: 4,645 Price is currently at a critical decision point. Watch for price action signals at resistance and support zones to identify the next move. A rejection at resistance could lead to a healthy correction, while a breakout would continue the bullish trend. Entry: On a confirmed breakout above 4,715 Target: Next upside levels (monitor for new swing highs) Stop Loss: Below 4,710 A breakout signals strong bullish continuation, ideal for momentum traders. Key Levels to Watch: Resistance / Strong Selling Area: 4,715 Support / Demand Zone: 4,645 Summary:

by Mr_Basit_Forex

GOLD - Consolidation above 4,700...Gold is testing the downward resistance of the daily market structure. A de-escalation in the Middle East and consolidation above 4,700 could provide an opportunity for a shift in market sentiment. Gold is holding above $2,700 amid geopolitical uncertainty and anticipation of key NFP data on the U.S. labor market. The main drivers of growth are weakening demand for the dollar and hopes for a Fed rate cut in the event of weak employment statistics. The fate of the precious metal depends on progress in U.S.-Iran negotiations and the NFP data Technically, the dollar looks weak. The fundamental backdrop is unstable, but the weakening of the DXY and oil prices is supporting gold Gold is consolidating within the 4,660–4,764 range; however, the market is attempting to hold above the pivot point and the key 4,700 level. Resistance levels: 4764, 4798, 4803 Support levels: 4700, 4660, 4646 Technically, the market is in a consolidation phase within the range. Focus is on 4700 and the 4660–4646 cluster. Given the news, if the fundamental backdrop remains unchanged, the market may form a long squeeze before rising. However, if the bulls keep gold above 4700, the market will have the potential to rise to 4800–4830. Best regards, R. Linda!

USDJPY Daily Chart Analysis – Uptrend Channel Breakdown Expected USDJPY is currently trading inside a well-defined uptrend channel, but price is approaching a critical rejection zone near the upper resistance area. The market is showing signs of weakness, suggesting a possible bearish reversal from this region. The highlighted strong support area around 140.000 remains a major liquidity zone and a key downside target if sellers gain full control. Price may first attempt a small retracement before continuing its downward move toward lower support levels. 🎯 Key Focus Areas: ➡️ Current Rejection Zone: 156.800 – 157.500 ➡️ Strong Support Target: 140.000 Area Smart Money Concepts (SMC) indicate possible liquidity sweep near resistance, followed by institutional selling pressure. This setup supports a potential sell opportunity with proper confirmation and risk management. Traders should wait for confirmation before entering and avoid emotional trading. Proper stop loss placement and patience are essential for high-probability setups. ⚠️ Trade with discipline and always manage your risk carefully. 📌 Follow for more professional forex analysis, price action setups, and high-probability trading opportunities. Not Financial Advice

BTCUSD Technical Forecast – Bullish Continuation to 90K & 98k Bitcoin is currently respecting a strong ascending channel structure, showing clear bullish momentum as price continues to hold above key support zones. The market is approaching an important decision area where a successful breakout could trigger a strong impulsive move toward higher resistance levels. 🎯 Key Targets: ➡️ Target 1: 90,338.8 ➡️ Target 2: 98,001.4 The lower support zone near 59,906.4 remains a major liquidity area, while the current price action suggests buyers are maintaining control. A healthy pullback toward channel support could provide better confirmation for continuation entries. Smart Money Concepts (SMC) indicate strong institutional interest, with liquidity sweeps and bullish order flow supporting upside continuation. Traders should remain patient and wait for proper confirmation before entering positions. ⚠️ Proper risk management and disciplined stop loss placement are essential in volatile crypto markets. 📌 Follow for more professional market analysis, high-probability setups, and powerful trading education. Not Financial Advice

Gold Price Action Update – Breakout Confirmed, Buyers in Control Gold is showing a strong bullish structure after breaking the major descending trendline (TL Break), indicating potential continuation toward higher resistance zones. Price has reacted perfectly from the demand area and buyers are stepping back into the market with strong momentum. 🎯 Key Targets: ➡️ Target 1: 4891.510 ➡️ Target 2: 5046.934 The current setup suggests a possible retracement before the next impulsive move upward. Smart Money Concepts (SMC) confirm liquidity grab and reversal potential from the lower zone, supporting bullish continuation. Traders should watch for confirmation entries near pullback zones and manage risk properly with disciplined stop loss placement. Patience and proper execution are key in this setup. ⚠️ Always trade with proper risk management. 📌 Follow for more professional market analysis and high-probability trading setups. Not Financial Advice

GBPCHF: Trend Shift Underway GBP/CHF appears to be forming a major bottom after completing a long corrective decline near 1.0290 . The chart suggests the pair may have finished a five-wave bearish structure, signaling a possible shift toward a new bullish cycle. Price is now attempting to stabilize above 1.0500, while recent buying pressure shows momentum is gradually improving. The first bullish confirmation level stands at 1.0800 , and a sustained breakout above it could trigger a stronger recovery phase. This is only a breakout setup. The projected upside targets are 1.1075, 1.1065, and 1.1426 in the medium term. On the downside, 1.0290 remains the key support and the main invalidation level for the bullish outlook. As long as the price holds above that low, the broader structure favors recovery rather than continuation of the previous downtrend. We will update further information soon.

by BrightRally_Research

Where will gold go after such a strong breakout?Short-term and Medium-term Trend: Price is maintaining a bullish structure after a strong breakout above the ascending trendline and is currently holding firmly above the key support zone around 4,664 – 4,666, indicating that buyers are still controlling the main momentum. Key Support: 🔹 4,664 – 4,666: Demand zone + ascending trendline support, where a retest is expected to trigger a continuation BUY reaction. 🔹 4,633 – 4,600: Deeper support zone, acting as protection for the medium-term bullish structure in case of a stronger correction. Key Resistance: 🔹 4,771 – 4,773: Nearest resistance aligned with Fibonacci 2.618, serving as the short-term upside target if breakout succeeds. 🔹 4,858: Next major resistance at Fibonacci 3.618, acting as the extended bullish target. Scenario: If price holds above 4,664, priority remains on looking for BUY opportunities following the trend, targeting 4,772 first, then 4,858. If price breaks decisively below 4,664, a correction back to lower support zones is likely before establishing a new trend direction. TRADING PLAN: SELL GOLD: 4771 – 4773 Stop Loss: 4783 Take Profit: 200 – 500 – 1000 pips BUY GOLD: 4695 – 4693 Stop Loss: 4683 Take Profit: 200 – 500 – 1000 pips BUY GOLD: 4664 – 4666 (Backup Entry) Stop Loss: 4654 Take Profit: 300 – 700 – 1500 pips

by AstronautPioneer

ETHUSDT - A pullback before breaking through 2400...BINANCE:ETHUSDT.P is forming a correction following a short squeeze. The altcoin is testing a key support level within its uptrend and may continue to rise. The uptrend remains intact Bitcoin is consolidating above the 80,000 mark, having previously opened a new range of 80,000–95,000. The consolidation is forming above resistance, i.e., in the buying zone. Accordingly, the flagship coin’s bullish momentum will support altcoin prices. Ethereum is forming a liquidity hunt (correction) within the trading range. The correction does not break the bullish trend but gathers liquidity for a possible breakout of the consolidation resistance. Resistance levels: 2,385, 2,398, 2,463 Support levels: trendline, 2313, 2250 If the bulls hold the price above 2315, this will confirm the formation of a local bottom and support the bullish trend. A breakout above 2400 could trigger a rally toward 2600 Best regards, R. Linda!

EURCHF - Consolidation ahead of the rally FX:EURCHF is forming a long squeeze amid a local uptrend. Bulls are trying to hold key support... A long squeeze has formed. The market is not letting the price fall below 0.9150. Bulls are trying to keep the price within the current range, and a rise in the euro could provide an opportunity for a bullish run. The market is breaking the local structure and beginning to build momentum. Resistance levels: 0.9162, 0.9178, 0.92 Support levels: 0.915 A long squeeze following a sharp drop could be a liquidity-hunting pattern ahead of a reversal. If the bulls hold the price above 0.915–0.9162, this could support a rise to 0.92–0.924 in the medium term Best regards, R. Linda!

Weekly BTC Bearish Pressure – Downside Target 38k Bitcoin is trading near a strong weekly resistance zone around 90,000–91,000, where sellers are showing strong control. Price is struggling to break above this area, which increases the chances of a bearish rejection. If BTC fails to hold above resistance, the downside target can move toward 38,464, near the major support and long-term trendline zone. This area may become a strong reaction point for buyers. Smart Money Concept (SMC) also suggests a possible liquidity grab above resistance before a stronger sell-off begins. Traders should wait for proper confirmation and use proper risk management. Note: This is not financial advice.

GOLD - The hunt for liquidity ahead of the fall ICMARKETS:XAUUSD is testing the 4,500 level and forming a counter-trend correction. The fundamental backdrop is weak; sellers are likely to return amid sustained demand for the dollar and renewed tensions in the Strait of Hormuz... Since yesterday’s session, the US–Iran escalation has intensified, pushing the dollar and oil higher. Inflation risks: An energy shock (rising oil prices) is fueling inflation, reinforcing “hawkish” expectations regarding Fed rates. The dollar is the primary safe-haven and reserve currency, which is weighing on gold. Gold remains under pressure due to a combination of geopolitical tensions and hawkish expectations regarding Fed rates. Downside potential persists unless there are signs of de-escalation in the Strait. The key question is whether the ceasefire (in effect since early April) will collapse amid a new round of tensions within the context of a local uptrend. Resistance levels: 4566, 4579, 4600 Support levels: 4510, 4482 Technically, a rebound from support is forming with the aim of a counter-trend retest of resistance and the liquidity zone. A short squeeze could shift the balance toward sellers and trigger a drop toward the support level of the range and the trend. Best Regards, R. Linda!

Gold Trend on May 5, 2026 Main Trend: Price is still trading below the long-term descending trendline, indicating that the medium-term trend remains bearish until there is a clear breakout above the trendline. The current recovery is only a pullback after bouncing from the recent bottom zone. Key Resistance: 4,560 – 4,565: Near resistance zone, aligned with a short-term supply zone and the latest price reaction area. If price breaks and holds above this zone, bullish momentum may continue expanding. 4,580 – 4,585: Stronger resistance zone, confluence of resistance area + long-term descending trendline + Fibonacci 0.5 level. This is the key decision zone to determine whether buyers can reverse the market structure. Key Support: 4,510 – 4,508: Strong support zone, recent low and demand area currently holding price well. If price breaks below this zone, selling pressure may return aggressively and extend the downtrend. Main Scenario: Price is likely to continue its recovery toward 4,560, then if volume remains strong, it may extend upward to test 4,585. If price gets rejected from 4,560 – 4,585 and fails to break the trendline, there is a high probability of a retest back toward 4,510. Short-term Bias: Short-term bullish technical rebound, but no full reversal confirmation yet while price remains below the descending trendline. TRADING PLAN: SELL GOLD: 4583 – 4585 Stop Loss: 4595 Take Profit: 200 – 500 – 1000 pips BUY GOLD: 4510 – 4508 Stop Loss: 4598 Take Profit: 200 – 500 – 1000 pips

by AstronautPioneer

XAUUSD Technical Analysis - Buy XAUUSD Reacts From Fibonacci Buy Zone, Recovery Structure Still Needs Confirmation Gold is showing an early reaction from the Fibonacci buy zone around 4493, after a corrective move from the previous resistance area. The short-term structure is still under pressure, but the current price action suggests that buyers are trying to defend an important technical base. The key question now is whether gold can build enough strength above this demand zone to challenge the next resistance levels. Market Context Gold has recently moved through a corrective phase after failing to sustain momentum above the mid-range resistance area. The market is now trading near a sensitive zone where technical buyers may start to react, especially as price approaches a Fibonacci support area. From Lily’s perspective, this is not yet a clean bullish reversal. It is a recovery attempt from a technical support zone, and the next confirmation will depend on how price behaves around the nearby resistance levels. Volume remains important here. A stronger bullish continuation would need to be supported by improving volume, especially if gold attempts to reclaim the resistance around 4649 and later the sell zone near 4736–4760. Technical Structure From a technical view, gold is currently reacting from the Fibonacci buy zone near 4493, which aligns closely with the 0.5 Fibonacci retracement area. This zone is acting as the main short-term support. The structure shows: Price reacting from the Fibonacci demand zone Short-term selling pressure slowing near support First resistance sitting around 4649 A larger sell zone above around 4736–4760 Higher target liquidity resting near the upper resistance zone around 4995–5000 The current move suggests that gold may attempt a short-term recovery as long as the 4493 support zone continues to hold. However, the market still needs a clear break above resistance to confirm stronger bullish momentum. Key Levels Support / Buy Zone: 4493 Fibonacci Support: 4491–4493 Current Resistance: 4649 Sell Zone: 4736–4760 Major Resistance / Target Zone: 4995–5000 Scenario & Expectation The preferred scenario is a short-term bullish recovery from the Fibonacci buy zone. If gold continues to hold above 4493, price may attempt to recover toward 4649, which is the first important resistance. A break and hold above this level could open the way for a further move into the sell zone around 4736–4760. From there, the market may react again. If buyers remain strong and volume supports the breakout, gold could extend toward the larger resistance area near 4995–5000. However, if price fails to hold the 4493 zone, the bullish recovery view would weaken. A clean breakdown below this area could expose gold to a deeper correction before any stronger recovery attempt appears. Conclusion Gold is currently trying to stabilize around an important Fibonacci buy zone near 4493. The reaction from this area is constructive, but not enough to confirm a full bullish reversal yet. As long as price holds above this support, the short-term structure favors a recovery toward 4649, then potentially 4736–4760. A stronger bullish continuation would require price to break resistance with better volume confirmation. Lily’s view: gold is at a technical turning point. The support reaction is promising, but the next move needs confirmation. The cleanest signal will come from how price behaves around 4649 and whether buyers can defend the 4493 base.

by Lilybelle_gl

DOGEUSDT - The consolidation is forming a global bottom BINANCE:DOGEUSDT is forming a bottom at 0.09–0.10. The market is entering an intermediate rally phase and preparing for further growth... Bitcoin is in a bullish trend. Consolidation above 80K and continued growth will support the growth phase in altcoins as well. DOGEUSDT is forming a bottom within the 0.09–0.11 range and breaking through resistance, activating triggers. The market is attempting to hold above 0.1060–0.1100. If the bulls maintain control of this area, the price could form a medium-term uptrend toward 0.126–0.151 Support levels: 0.1105–0.1060 Resistance levels: 0.1154, 0.1266, 0.1358 The market is showing bullish signs, with the flagship forming a bullish trend over the past month and a half. Doge is emerging from a consolidation phase, and maintaining the price above the key support zone could become the next technical driver for growth. Doge may continue to rise from 0.1100–0.10600; medium-term growth potential is emerging. Best regards, R. Linda!

Move sideways and wait for a strong breakout.1. Main Trend (Trendline & Market Structure) The descending trendline connecting lower highs from 4,760 → 4,730 → 4,660 indicates that sellers are still controlling the primary trend. Price is currently moving inside a tightening triangle between: • Upper descending trendline • Lower short-term ascending trendline ⇒ This is a compression zone, usually preparing for a strong breakout move. 2. Key Resistance Zones There are 2 main resistance areas: 🔵 Resistance 1: 4,667 – 4,665 • Confluence with previous breakout zone + descending trendline • This is the short-term decision zone: if price fails to break decisively, rejection is likely 🔵 Resistance 2: 4,713 – 4,715 • Strong supply zone, rejected multiple times • If price breaks above 4,665, the next likely target is a retest of this area Extended Fibonacci targets: • 2.618: 4,732 • 3.618: 4,804 3. Key Support Zones 🟢 Near Support: 4,555 – 4,553 • Demand zone + recent pullback low • Price has reacted here multiple times, confirming buying absorption 🟢 Strong Support / Liquidity Zone: 4,518 – 4,520 • This is the liquidity pool below the lows • If 4,555 is broken, price is likely to sweep liquidity here before rebounding 📊 TRADING PLAN: SELL GOLD: 4666 – 4668 Stop Loss: 4676 Take Profit: 200 – 500 – 1000 pips BUY Scalp: 4555 – 4557 Stop Loss: 4549 Take Profit: 400 pips BUY GOLD: 4518 – 4520 Stop Loss: 4500 Take Profit: 200 – 500 – 1000 pips

by AstronautPioneer

Major Buy Setup Forming on EUR/USD Weekly Chart EUR/USD weekly structure shows strong buying potential from the current support zone. If buyers defend this level, the market could push aggressively toward the marked target zones. 🔹 Strong Support: 1.1500 Area 🔹 Major Targets: 1.2077 – 1.2327 – 1.2560 Patience and confirmation remain key. ⚠️ Not Financial Advice

BANDHANBANK: Trendline + Range Breakout | 300+ Possible BANDHANBANK – Long Term Structural Setup • Price has broken a prolonged downtrend trendline • Strong base formation visible near recent lows • Range breakout indicating early momentum shift Next swing zone can be around 300+ levels. Extended move towards 380–400 cannot be ruled out if strength continues. Invalidation below recent base zone. For educational purposes only. — Pro Maker Institute

by promakerinstitute

USDJPY Ready for Breakdown – Watch 140 Zone USDJPY is trading inside a long-term uptrend channel, but price is now showing weakness near the upper structure and rejection signs are becoming stronger. A breakdown from the lower channel support can trigger a major bearish move. 🔹 Current Price: 157.08 🔹 Channel Support Zone: 155–156 🔹 Major Demand Zone: 140–141 🔹 Bearish Target: 140+ If price fails to hold above the channel support, sellers can push the market toward the strong demand zone around 140. This area will be the key level for the next major reaction. Patience saves capital. Confirmation creates profit. Not Financial Advice

BTC Ready for Expansion – Watch the Retest Zone Bitcoin is showing strong bullish structure after breaking key resistance and respecting the rising trendline support. The orange demand zone around 71,900 is acting as a strong support area for the next upside move. 🔹 Current Price: 77,882 🔹 Strong Support Zone: 71,900–72,000 🔹 Invalidation Level: 67,500 🔹 Bullish Target: 97,400+ As long as BTC holds above the support zone, buyers remain in control. A healthy retest near 72K can create a strong buying opportunity before the next expansion toward 97K+. Patience wins. Discipline builds profits. Not Financial Advice