NVDA Earnings Could Decide This Move: $220 or $193?The market is watching **Blackwell demand, forward guidance, Rubin, AI infrastructure spending, and whether NVIDIA can maintain its current growth trajectory**. With expectations already extremely high, the reaction will likely depend more on guidance than simply beating estimates.
My technical map still remains the same:
Price rejected from the $228.05 high, then broke below the $220 resistance, confirming the bearish shift in short-term order flow.
We then saw price retrace into the 15M OB around $213–214, giving that zone another opportunity to act as resistance. Price rejected from there and displaced lower.
Now, price is reacting from the $207–209 support zone. This is the area I’m watching closely.
If support fails, the next draw is around $202, followed by the larger $192–193 OB.
The $220–224 area remains key resistance. Any retracement back into that zone could provide another opportunity for the bearish move to continue.
Earnings will provide the catalyst. Price action will tell me which path is real
$220 resistance → 15M OB rejection → support at $207–209 → $202 → $192–193 OB.*
$188.89 low remains the protected low for this structure.
Short
Long
Bitcoin — The Bottom Doesn't Need to Be PerfectFor months, Bitcoin traders have been asking the wrong question:
“Where is the bottom?”
$70K? $64K? $58K? $46K?
Everyone has a number.
Everyone has a scenario.
But markets rarely give you the luxury of knowing the exact turning point in real time.
What they do give you is evidence.
And Bitcoin is beginning to provide a different set of information.
After forming a potential double-bottom structure around $58K, BTC has reclaimed the $74K area and pushed back above $80K, bringing the market directly into the $80K–$82.5K confirmation zone.
That does not prove the bottom is in.
But it does mean the downside thesis can no longer be treated as a certainty.
And this is exactly why I don't trade bottoms.
The Bottom Is a Result — Not a Signal
You will never know the exact bottom while you're standing on it.
What you can identify is a change in market behavior.
When sellers repeatedly fail to extend the decline.
When liquidity sweeps fail to produce meaningful continuation.
When previously defended resistance begins getting reclaimed.
When lower highs begin to get broken.
When price breaks structure and successfully holds the retest.
That is when probability begins to change.
The objective isn't to buy the lowest possible price.
The objective is to participate when the market begins proving that the downside thesis is losing credibility.
You don't need the bottom.
You need evidence that the market has moved away from it.
Bitcoin Has Started Giving Us Different Information
The move back above $74K matters.
Not because $74K magically makes Bitcoin bullish.
It matters because of what price had to overcome to get there.
The market had spent months producing lower highs and lower lows.
Then came the potential $58K double-bottom attempt.
From there, Bitcoin reclaimed the $74K structural area and accelerated toward $80K.
That is a meaningful change in behavior.
But I am not interested in chasing a vertical move simply because price is rising.
The breakout is not the entire thesis.
The next test is more important.
$82.5K Is the Confirmation — Not $74K
The $74K reclaim changes the structure.
But it does not complete the reversal.
$82.5K is the more important confirmation level.
A decisive break and acceptance above that area would represent a meaningful break of the recent lower-high structure.
That would strengthen the argument that Bitcoin is transitioning from recovery into a broader bullish structure.
But even then, I would want to see what happens next.
Breakout → acceptance → retest → continuation.
If Bitcoin breaks above $82.5K and later returns toward the $74K area, the quality of that retest becomes extremely important.
Can previous resistance become support?
Can buyers defend the reclaimed structure?
Can BTC begin producing higher highs and higher lows?
That is where confirmation becomes much more valuable than anticipation.
This Is Where Patience Becomes an Advantage
A strong move does not mean we have to chase it.
If Bitcoin continues higher, there will be continuation opportunities.
If it pulls back, there may be a retest opportunity.
If it consolidates, another breakout may develop.
The mistake is believing that missing one entry means missing the entire move.
It doesn't. I would rather miss the first part of a move than enter without a defined invalidation simply because I am afraid of missing it. The market will always provide another opportunity.
Capital preservation gives you the ability to take it.
The Bullish Scenario Has a Clear Path
If Bitcoin can:
Hold the reclaimed structure → break $82.5K → successfully retest the $74K area → continue producing higher highs and higher lows
then the recovery thesis becomes considerably stronger.
The next major objective on my chart is the $100K–$100.6K HTF supply region.
That is not a prediction that Bitcoin must reach $100K.
It is simply the next major area where I expect the market to face meaningful supply.
The path matters more than the target.
$74K reclaim.
$82.5K confirmation.
$74K retest.
Then potential expansion toward $100K+.
That is the sequence I want to see.
The Bearish Scenario Still Exists
This is not a declaration that Bitcoin has permanently bottomed.
A breakout can fail.
A reclaim can become a deviation.
A retest can lose support.
And a bullish thesis without an invalidation is simply hope.
For me, the important line in the sand is around $69.4K.
If Bitcoin loses that level after failing to establish the reclaimed structure, the current bullish recovery thesis would be materially weakened.
At that point, I would reassess the market rather than defend the original thesis.
That's not weakness.
That's trading.
I don't need Bitcoin to follow my prediction.
I need to know what price action would prove me wrong.
What I'm Watching Now
1. $82.5K confirmation
Can BTC decisively break and hold above the recent structural resistance?
2. Breakout acceptance
Does price remain above the reclaimed structure instead of immediately falling back below it?
3. $74K retest
If BTC pulls back, can the former resistance area become support?
4. Market structure
Do higher highs and higher lows begin replacing the previous lower-high sequence?
5. HTF supply
How does Bitcoin react as it approaches the $100K–$100.6K supply region?
6. Invalidation
Does BTC remain above $69.4K, or does the bullish thesis lose structural credibility?
These questions matter more than predicting whether Bitcoin reaches $90K, $100K, or beyond.
The Real Trade Isn't the Bottom
The bottom is something you identify after the market has moved away from it.
The real opportunity is recognizing the transition:
Bearish structure → potential bottom formation → reclaim → breakout → retest → confirmation → expansion.
That is the process I want to trade.
Bitcoin doesn't owe us a perfect entry.
It doesn't owe us $46K.
It doesn't owe us $100K either.
It only needs to give us enough information to make a high-quality decision.
And right now, the information is changing.
The question is no longer simply:
“Where will Bitcoin bottom?”
The better question is:
“Has Bitcoin done enough to shift the probability away from further downside and toward a broader recovery?”
That answer will not come from an opinion.
It will come from price action.
Probability over prediction.
WESLAD Research
Short
XAU/USD 25 August 2026 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Bias and analysis to remain the same as analysis dated 30 June 2026.
Price did not print bullish CHoCH to indicate bullish pullback phase initiation. Price instead printed a new low followed by a bullish CHoCH
Price is currently trading within and established internal range, however, I will continue to monitor price with respect to depth of pullback.
Intraday expectation:
Price to trade up to either premium of internal 50% EQ, or H4 demand zone before targeting weak internal low, currently priced at 3,942.100.
Note:
Gold remains volatile as tensions between the US, Israel, and Iran keep safe‑haven demand elevated.
Markets are reacting quickly to every headline, while uncertainty around the Fed’s easing path and shifting U.S. policy under President Trump, especially tariffs continues to fuel choppy price action.
For newer traders, the key is simple, stay flexible and manage risk carefully, as fast spikes and sudden reversals are a normal part of the current XAU/USD environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price has continued bullish, printing bearish CHoCH's, and containing higher with very minimal pullbacks. I will therefore apply discretion and not classify them as such.
Price has since printed a further bearish CHoCH. I shall however continue to monitor this with respect to depth of pullback.
Price is currently trading within an established internal range.
Intraday expectation:
Price to trade down to either discount of internal 50% EQ, or M15 supply zone before targeting weak internal high, currently priced at 4,697.105.
Alternative scenario:
You will note price has reacted at an H4 supply zone, therefore, it would be entirety feasible if price was to target strong internal low and print a bearish iBOS, given the internal structure of H4 is bearish.
Note:
Gold remains highly reactive on M15 as geopolitical risk continues to drive quick, headline‑led moves.
The tension between the US, Israel, and Iran is keeping safe‑haven demand elevated, with markets still sensitive to any sign of escalation.
At the same time, shifting US tariff policy under President Trump is adding extra uncertainty, fuelling sharp intraday swings and increasing the likelihood of sudden sentiment flips. Liquidity pockets and whipsaws remain common, making disciplined risk management essential.
Gold’s geopolitical premium is still firmly in place, and until tensions ease, short‑term volatility is likely to stay front‑loaded.
M15 Chart:
Long
Long
Long
Short
Nasdaq: Lower Low and Lower HighsThe Nasdaq-100 has limped for months, and some traders may see more difficulties ahead.
The first pattern on today’s chart is the series of lower highs since early June. Combined with July’s lower low, those might reflect weakening in the intermediate term.
Second, NDX probed slightly above its previous week’s high last Monday, August 17. However, it was quickly rejected and fell under the week’s low. The resulting bearish outside candle is a potential reversal pattern.
Third, MACD has turned negative.
This tepid price action comes at a time of historic earnings growth. Does that reflect doubts that conditions will remain as strong in coming months?
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Aggressive Scenario
The current advance may still be developing as Wave A of a corrective structure within the larger Wave IV.
If this interpretation is correct, the completion of the current advance could be followed by a corrective Wave B and then another advance, potentially forming Wave C and completing the larger corrective structure.
This correction may become complex, multi-legged, and time-consuming. Once Wave IV is complete, Silver could enter another significant decline, potentially with strong downside momentum.
Conservative Scenario
The recent low may already represent the completion of a Double Zigzag, suggesting that Wave IV could already be complete.
Under this interpretation, the current advance may be the beginning of a new impulsive sequence.
After the completion of the initial advancing wave, Silver should produce a corrective structure of a valid Elliott Wave form. If the following advance develops with impulsive characteristics and maintains the expected wave relationships, the broader Bull Market scenario would gain stronger confirmation.
Gold & Silver: Same Structure, Different Timing
Gold and Silver often move within the same broader structural framework, but they do not necessarily reveal their wave structures at exactly the same time.
One market may lead while the other follows. At times, the difference is not necessarily in direction, but in timing and structural development.
Therefore, the completion of a structure in Gold does not automatically mean that the same structure has been completed in Silver.
Each market must confirm its own wave count through its internal structure, subdivisions, relationships, and subsequent price action.
Conclusion
Our objective is not to predict the future with certainty, but to identify the higher-probability path from the structure the market is revealing at the present moment.
For Silver, the key question is whether the current advance remains part of a corrective Wave IV structure or develops into a sustained impulsive sequence.
The next structural developments should provide the confirmation.
Mr. Nobody | Elliott Wave Principle
Structure first. Probability second. Confirmation last.
Silver / U.S. Dollar
Aug 8
##Leading Diagonal Completed | What Is Silver Telling Us Next?
Silver Futures
May 17
Silver: Textbook Grand Supercycle Wave 3 Setup
Long 
Gold: IV or New Impulse?Two valid Elliott Wave scenarios are currently on the table for Gold.
Aggressive Scenario
The current rally may still be developing as Wave A of a corrective structure within the larger Wave IV. After this advance is complete, the market could form a corrective Wave B, followed by another rally to complete the overall corrective pattern. This structure may become complex, multi-legged, and time-consuming. Once Wave IV is complete, another decline could follow, potentially with strong downside momentum.
Conservative Scenario
The recent low may represent the completion of a Triple Zigzag, meaning Wave IV could already be complete. In that case, the current advance may be the beginning of a new impulsive sequence. After the initial advancing wave is complete, the market should produce a corrective structure of any valid form. If the following advance continues impulsively relative to its degree, the broader Bull Market scenario gains stronger confirmation.
Conclusion:
The key is not to predict the future, but to observe what the structure reveals. The next major clue will be whether the current advance remains corrective or develops into a sustained impulsive sequence.
Mr. Nobody | Elliott Wave Principle
Structure first. Prediction second.
Aug 7
Gold | Tracking Wave IV Before the Next Major Move
Gold Spot / U.S. Dollar
May 17
Gold 4H: Leading Diagonal or Just the Beginning?
Long 
Long 
Long
XAU/USD 24 August 2026 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Bias and analysis to remain the same as analysis dated 30 June 2026.
Price did not print bullish CHoCH to indicate bullish pullback phase initiation. Price instead printed a new low followed by a bullish CHoCH
Price is currently trading within and established internal range, however, I will continue to monitor price with respect to depth of pullback.
Intraday expectation:
Price to trade up to either premium of internal 50% EQ, or H4 demand zone before targeting weak internal low, currently priced at 3,942.100.
Note:
Gold remains volatile as tensions between the US, Israel, and Iran keep safe‑haven demand elevated.
Markets are reacting quickly to every headline, while uncertainty around the Fed’s easing path and shifting U.S. policy under President Trump, especially tariffs continues to fuel choppy price action.
For newer traders, the key is simple, stay flexible and manage risk carefully, as fast spikes and sudden reversals are a normal part of the current XAU/USD environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price has continued bullish without printing bearish CHoCH.
Current CHoCH positioning is denoted with a blue horizontal dotted line.
Intraday expectation:
Price to indicate bearish pullback phase by printing a bearish CHoCH. Price to then trade down to either discount of internal 50% EQ, or M15 supply zone before targeting weak internal high, currently priced at 4,660.125.
Alternative scenario:
You will note price has reacted at an H4 supply zone, therefore, it would be entirety feasible if price was to target strong internal low and print a bearish iBOS, given the internal structure of H4 is bearish.
Note:
Gold remains highly reactive on M15 as geopolitical risk continues to drive quick, headline‑led moves.
The tension between the US, Israel, and Iran is keeping safe‑haven demand elevated, with markets still sensitive to any sign of escalation.
At the same time, shifting US tariff policy under President Trump is adding extra uncertainty, fuelling sharp intraday swings and increasing the likelihood of sudden sentiment flips. Liquidity pockets and whipsaws remain common, making disciplined risk management essential.
Gold’s geopolitical premium is still firmly in place, and until tensions ease, short‑term volatility is likely to stay front‑loaded.
M15 Chart:
Long 
Long 
