XAUUSD: Buyers Remain in Control After Successful RetestXAUUSD maintains a strong bullish trend on the H1 timeframe, consistently posting higher highs and higher lows while holding above both the EMA34 and EMA89. After breaking out of the previous downtrend line, the price retested the 4,119.8 level and saw a quick resurgence of buying pressure, indicating a flip from resistance to support.
Fundamentally, gold prices continue to be supported by safe-haven demand amidst geopolitical tensions in the Middle East and technical buying following the establishment of a two-week high. Although the US dollar remains strong and the Fed is expected to keep interest rates elevated, defensive capital flows remain the dominant factor, favoring the bulls in the short term.
If the 4,119.8 level holds, XAUUSD is likely to extend its gains toward the psychological resistance level of 4,184.3. Only an H1 close below 4,119.8 would invalidate the bullish scenario and raise the risk of a deeper correction.
Strategy: Prioritize BUY positions if the price holds above 4,119.8; target 4,184.3. 
Long
ETHUSD H1: Resistance Caps the UpsideETHUSD is facing strong resistance around the 1,930–1,945 zone after a sharp recovery from its recent low. The market has failed several times to break above this area, suggesting that buying momentum is weakening and selling pressure may return.
If price continues to be rejected at this resistance zone and prints a clear bearish confirmation signal on the H1 chart, ETHUSD could pull back toward the 1,865 support level.
Trade Focus:
Entry: Sell if price shows a clear bearish rejection from the 1,930–1,945 resistance zone.
Target: 1,865
Invalidation: A decisive H1 close above 1,950 would invalidate the bearish outlook, signaling that buyers have broken through resistance and regained control. 
Short
NVDA Chart Reflects Wall Street's OptimismNvidia's fundamental story hasn't gotten worse. If anything, it's gotten louder. CEO Jensen Huang continues to talk up trillion-dollar data center spending projections, and NVDA briefly touched a $5 trillion market cap earlier this year. The chart has finally started to reflect some of that optimism too: shares are up 1.4% today to $205.73, trading firmly above where they sat for most of July, and the stock's own technical indicators have flipped from a cautious, sit-on-your-hands read to an outright Buy signal.
Price Action: Climbing Back Toward the Top of the Range
NVDA ( NASDAQ:NVDA ) is trading at $205.73, up $2.92 (+1.44%) on the day. Zooming out to the 3-month view, the stock has round-tripped a wide $195–$240 range, spiking to roughly $240 in mid-May, cratering below $200 in June, and now grinding back toward the middle-to-upper end of that band. Over the past three months the stock is essentially flat, up just 2.8%, which tells the real story: this hasn't been a straight-line move, it's been a volatile chop.
The 1-year picture is more constructive. NVDA is up 19% over the past 12 months, having rallied from the mid-$160s to a 52-week high near $236 before settling into the current consolidation. The stock remains roughly in the upper-middle of that 1-year range, not at a new high, but well off the lows.
Support and Resistance
On the daily candlestick chart, the most recent swing high sits just above $213, reached in the middle of last week before sellers stepped back in. Price has since pulled back to test the $205–$206 zone, which is now acting as a pivot; today's move higher is the first real push back above it after a string of red candles.
Immediate support sits at $198–$203, an area that was tested repeatedly during the recent pullback and held. A clean break back below $198 would reopen the low-$190s. On the upside, the $210–$213 zone is the first real resistance shelf; a sustained close above $213 would put the stock back in range of a retest of the $220s and eventually the $236 high.
Technical Ratings: A Clear Shift to Buy
This is the headline change from the prior read. A composite technical summary across the 1-day timeframe now shows an overall Buy rating, with 15 indicators reading Buy, 8 Neutral, and only 3 reading Sell.
Category > Reading
Overall Summary (1-day) > Buy, Sell 3 / Neutral 8 / Buy 15
Oscillators (RSI, Stoch, MACD, etc.) > Buy, Sell 0 / Neutral 7 / Buy 4
Moving Averages > Leaning Buy (full breakdown not captured)
Current price > $205.73, +1.44% today
Notably, zero oscillators are flashing a Sell signal right now, a meaningfully cleaner setup than the "neutral, high-40s-to-mid-50s RSI" picture from a few weeks ago. That doesn't mean the stock is overbought or in danger of a sharp reversal; a 0-Sell / 7-Neutral / 4-Buy oscillator split is a healthy, un-stretched bullish tilt rather than an extreme reading.
Deeper Technical Read
Trend structure. NVDA's weekly uptrend remains intact; the June pullback to the low-$190s looks like a correction inside a broader rising channel rather than a reversal. The daily chart, which had been carving lower highs and lower lows since the June peak, is now showing the first signs of that pattern breaking: today's candle is pushing back above the recent pivot zone on a green volume bar.
Momentum. With oscillators reading 4 Buy / 7 Neutral / 0 Sell, momentum has turned constructive without yet being stretched. That leaves room for the move to continue before any classic overbought warning would kick in.
Volume. The daily chart shows a mix of red and green volume bars through the pullback, with today's advance accompanied by solid volume (~37M+ shares as of the snapshot), consistent with real buying interest rather than a low-volume drift higher.
Moving averages. The moving-average gauge is leaning toward Buy alongside the oscillators, suggesting price has moved back above at least some of the short-term averages that had been acting as resistance during the pullback. That aligns with the shift in the overall rating from a mixed picture to a broad-based Buy.
Two Scenarios From Here
Bullish case: Price holds above $205 and pushes through the $210–$213 resistance shelf on continued volume, opening the door back toward $220 and eventually a retest of the $236 high into or after the August 26 earnings report.
Bearish case: The advance stalls at $210–$213, oscillators roll back toward neutral, and price drifts back down to retest the $198–$203 support shelf, the base case if this bounce turns out to be a relief rally inside the broader consolidation rather than a fresh breakout.
The Bigger Question
The near-term setup has improved: a broad Buy rating, zero Sell oscillators, and price reclaiming ground it lost during the June–July pullback. But NVDA is still well off its $236 high, and the next real test is whether this bounce can clear the $210–$213 resistance shelf with conviction, or whether it fades back into the same range the stock has traded in for the past three months.
The longer-term question hasn't changed: whether the market can keep growing into a world where one chipmaker's valuation rivals the GDP of entire nations. That's a story that will keep being written in Nvidia's earnings reports; the next one lands August 26, not in a single day's candle.
Off to you: Is this the start of a real breakout, or just a bounce inside the same range NVDA has traded in since June?
Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Technical levels and ratings are derived from a snapshot of trading-app data and are approximate; verify current levels on a live chart before making any decisions. Past performance does not guarantee future results. AUDUSD: 0.7020 Zone Continues to Pressure BuyersAUDUSD maintains a bullish structure on the H4 timeframe, consistently forming higher lows and finding support along the rising trendline. However, the supply zone around 0.7020 has repeatedly halted breakout attempts, indicating significant selling pressure in this area.
Fundamentally, the USD remains supported by expectations that the Fed will maintain a tight monetary policy, while the AUD lacks fresh catalysts from Australian and Chinese economic data. Consequently, rallies toward the resistance zone face profit-taking pressure.
The preferred scenario is to await the price reaction at 0.7020. If a clear rejection signal emerges and the price drops below this level, AUDUSD could correct toward 0.6970—a confluence point for the rising trendline, the Ichimoku cloud, and dynamic support. This area will be critical for determining whether the uptrend can be sustained.
Strategy: Prioritize SELL positions if a rejection signal appears at 0.7020, targeting 0.6970. The bearish scenario is invalidated if the price closes firmly above 0.7020 on the H4 timeframe. SPX500 H1: Waiting for a Bullish Rebound from SupportSPX500 is trading just above the key 7,430–7,455 support zone after reacting to this area several times. The fact that price has not broken decisively below support suggests that selling pressure is easing, while buyers may be preparing to regain control in the short term.
If this support zone continues to hold and a clear bullish confirmation signal appears, SPX500 could rebound toward 7,500, with further upside potential to the 7,540–7,550 resistance area.
Trade Plan
Entry: Buy if price holds above the 7,430–7,455 support zone and prints a clear bullish confirmation signal.
Stop Loss: Below 7,420
Take Profit: 7,540–7,550 
Long
Long 
Short 
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U.S. Dollar Index Reclaims 101.00, Can Buyers Extend the RecoverMarket View
The U.S. Dollar Index remains in a broader bullish structure on the 4H chart, while the latest rebound suggests that buyers are attempting to regain short-term control.
After rising from the 98.00 area, DXY formed a clear sequence of higher highs and higher lows before reaching the 101.60–101.70 region. Since then, price has moved into a broad consolidation, with repeated pullbacks finding support above 100.50.
The latest recovery back above 101.00 is constructive, but the index is still trading below the recent swing highs. For now, the market remains in a bullish consolidation rather than a confirmed breakout.
Key Resistance Zone
First resistance: 101.20–101.35
This is the nearest short-term resistance zone and the first area buyers need to reclaim.
A confirmed move above this region would strengthen the current recovery.
Second resistance: 101.45–101.60
This area has produced several recent rejections and remains the main supply zone inside the current range.
Major resistance: 101.65–101.80
This is the recent swing-high region and the key breakout zone.
A sustained move above 101.80 would confirm a fresh higher high and strengthen the broader bullish outlook.
Key Support Zone
First support: 100.90–101.00
This is the nearest short-term support area and an important pivot around the current price.
Holding above this region would keep the latest recovery structure intact.
Second support: 100.60–100.75
This area has attracted buyers during recent pullbacks and remains an important structural support.
Major support: 100.35–100.50
This is the lower boundary of the recent consolidation.
A confirmed break below this zone would weaken the short-term bullish structure and place sellers back in control.
Market Sentiment
Market sentiment is cautiously bullish.
The latest rebound has improved short-term momentum, while the broader trend still favors buyers. However, repeated hesitation below the recent highs shows that the market still needs a confirmed breakout.
Above 101.35, bullish momentum may strengthen.
Below 100.90, bearish pressure may begin to increase.
Please share your view below:
Will DXY hold above 101.00 and break through 101.35 toward the recent highs? Or will sellers defend resistance and push the index back toward 100.70?
More market structure and key level updates will be shared regularly. S&P 500 Holds Near Record Highs Market View
The S&P 500 remains in a broader bullish structure on the 4H chart, but price is currently consolidating near the upper end of the recent range.
After the strong recovery from the April low around 6,350, the index continued to form higher highs and higher lows before reaching the 7,600 area. Since then, momentum has slowed and price has moved sideways between support and resistance.
The latest recovery back toward 7,500 shows that buyers remain active, but repeated hesitation near the recent highs suggests that the market still needs a confirmed breakout before the next bullish leg can develop.
Key Resistance Zone
First resistance: 7,540–7,580
This is the nearest short-term resistance area and the upper boundary of the current consolidation.
A confirmed move above this zone would suggest that buyers are regaining momentum.
Major resistance: 7,600–7,650
This area includes the recent swing highs and remains the key breakout zone.
A sustained move above 7,650 would confirm a fresh higher high and strengthen the broader bullish continuation outlook.
Key Support Zone
First support: 7,440–7,480
This is the nearest short-term support area and the first zone buyers need to defend.
Holding above this region would keep the current consolidation structure intact.
Second support: 7,350–7,400
This area represents a more important structural support and the lower part of the recent trading range.
A break below it would weaken short-term bullish momentum.
Major support: 7,250–7,300
This is the deeper support zone formed during the previous correction.
If the price falls below this region, the broader bullish structure would come under greater pressure.
Market Sentiment
Market sentiment remains cautiously bullish.
The broader trend still favors buyers, but repeated hesitation near the highs shows that the market is waiting for stronger confirmation before extending the rally.
Above 7,580, bullish momentum may strengthen.
Below 7,440, corrective pressure may increase.
Please share your view below:
Will the S&P 500 break above 7,600 and continue toward new highs? Or will sellers defend resistance and push the index back toward 7,400?
More market structure and key level updates will be shared regularly. 
Long
Long
