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GOLD → Retesting resistance may lead to a breakoutFX:XAUUSD is still bullish. The price is consolidating in the range of 3390-3345, with an intermediate bottom forming inside the channel, which overall indicates positive signs. On Thursday, gold is consolidating ahead of $3390. Consolidation after growth, within a bullish trend, is a good sign. But, on the one hand, the price is supported by growing tensions between Russia and Ukraine. On the other hand, optimism about US trade negotiations with Canada, the EU, and China is strengthening the dollar and holding back demand for gold. Additional pressure on the dollar is coming from weak US macro statistics, especially ADP data and the decline in the ISM Services PMI, which have reinforced expectations of Fed policy easing. Traders are waiting for further signals from the regulator. Resistance levels: 3391.4, 3414, 3435 Support levels: 3365, 3345 Technically, gold is rising and forming a retest of consolidation resistance. If the 3391 level is broken, the price may head towards 3435. Before breaking through resistance, a correction or retest of 3365 may form. However, consolidation near 3391 and a gradual squeeze towards the level will increase the chances of a breakout and growth. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
7
GOLD - Price can drop to support line of triangle patternHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 In this chart price formed a triangle pattern, where it first declined to support line and then made an impulse up. After this, Gold broke $3165 level and, after a small correction reached and broke $3400 level too. Then it rose to resistance line of triangle and dropped below $3400 level, breaking it one more time. Price tried to back up, but failed and dropped more to support line of triangle, after which started to grow. In a short time price rose to resistance line of triangle, which coincided with resistance level and area. Now, I think that Gold can drop from resistance area to $3250 point of support line of triangle. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDShort
by WalterMoon
5
EURO - Price can drop to $1.1280, breaking support levelHi guys, this is my overview for EURO, feel free to check it and write your feedback in comments👊 A few days ago price broke $1.1375 level and then entered to triangle pattern, where it at once dropped from resistance line. Price fell to $1.1375 level, where it some time traded between and then continued to decline to $1.1220 level. When Euro declined to this level, it at once broke this level and fell to support line of a triangle pattern. Next, price turned around and in a short time rose higher than $1.1220 level, breaking it and continued to grow next. Euro rose to resistance line and then corrected, after which it made an upward impulse, thereby exiting from triangle. Now, price traded inside resistance area, near $1.1375 level, and I think EUR can drop to $1.1280 If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by WalterMoon
7
Euro will correct a little and then continue to move up nextHello traders, I want share with you my opinion about Euro. Observing this chart, we can see how the price entered to upward channel, where it at once dropped from the resistance line to the support line and then started to grow. In a short time price rose to the 1.1210 level, broke it, and even rose a little more, but soon turned around and declined to the support line of the channel. Then the Euro made an upward impulse, and then broke the 1.1210 level one more time and continued to grow inside the channel. Later price reached the resistance line of the channel and then corrected, after which, in a short time rose to the support area, breaking the 1.1400 level. But soon the price turned around and dropped to the 1.1210 level, thereby exiting from channel. Next, Euro continued to grow inside the wedge, where it rose to the current support level and soon broke it. After this, the price rose to the resistance line of the wedge and then corrected, after which it made an upward impulse. Price exited from the wedge, and now I think that the Euro can make a correction, after the rise, and then continue to grow next. That's why I set my TP at 1.1560 points. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Long
by LegionQ8
4
ETHEREUM → Consolidation amid a bull marketBINANCE:ETHUSD is consolidating in the range of 2400-2750, and locally, the coin looks quite promising even against the backdrop of Bitcoin forming a correction... ETH is forming a strong consolidation within which it confirms a bullish market structure. After a false breakout of resistance, there is no sharp decline and the price returns to retest resistance. If the bulls hold their defense above 2530-2550, then in the short and medium term, ETH may demonstrate growth towards the intermediate target. Resistance levels: 2738, 2855 Support levels: 2525, 2470, 2400 A retest of support at 2525 - 2470 is possible, and if the price holds above this support zone, ETH may try to surprise us. There are good chances for growth. Best regards, R. Linda!
Long
by RLinda
2
RELIANCE LTD – 1H TIME FRAME ANALYSIS📊 NSE:RELIANCE – 1H TIME FRAME ANALYSIS A symmetrical triangle pattern is forming on Reliance's 1-hour chart, showing a consolidation phase. This pattern is neutral in nature, meaning a breakout can occur in either direction, but the setup provides a great opportunity for a breakout trade. The price is now at the apex of the triangle, indicating a potential breakout in the upcoming sessions. Watch for a strong move backed by volume. TRADE PLAN : Chart Pattern: Symmetrical Triangle Timeframe: 1 Hour Stock: Reliance Industries Ltd (NSE) 🔼 Long Trade (Breakout above 1430.55) Entry: Above 1,430.55 (candle close with volume confirmation) Target 1: 1,458.35 Target 2: 1,479.35 Stop Loss: Below 1,417 🔽 Short Trade (Breakdown below trendline): Entry: Below triangle breakdown with strong red candle Target 1: 1,397.55 Target 2: 1,368.25 Stop Loss: Above 1,430 Note: Avoid entering during the triangle zone. Trade only post-confirmation of breakout/breakdown with volume. Disclaimer: This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions.
NLong
by thetradeforecast
GOLD (XAUUSD): Strong Bullish Pattern Following my previous analysis, Gold in going up. Your next signal to buy will be a bullish breakout of a neckline of an ascending triangle pattern on a 4H time frame. A 4H candle close above 3392 will confirm a violation. Next resistances will be 3408 / 3428 ❤️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.
TRADENATION:XAUUSDLong
by VasilyTrader
1
S&P500 Index (US500): Bullish Accumulation Pattern I spotted a nice example of an ascending triangle pattern on a daily time frame. To confirm a bullish continuation, we will need a bullish breakout of its neckline. A daily candle close above 5996 will provide a reliable confirmation. A rise will be anticipated at least to 6080 resistance then. ❤️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.
TRADENATION:US500Long
by VasilyTrader
1
Bitcoin triangle signals drop toward 95kBitcoin is forming a clear triangle pattern after a failed breakout above all-time highs. The pattern suggests a move down to 95k if price breaks below 103k. Some signs even point to a head and shoulders, with targets near 93k. Fundamentals back the bearish case. ISM Services fell below 50, ADP jobs missed badly, and NFP could be the trigger. Will weak data send BTC lower or hold the line? Watch the full analysis and share your take. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:BTCUSD
by ThinkMarkets
S&P 500: Coiling Tight as Bulls Eye 6000 BreakIf at first you don’t succeed, try, try again. I suspect that’s what S&P 500 bulls are contemplating when it comes to clearing the psychologically important 6000 level in futures—although this time may meet with more success than when last tested in late May. Coiling within an ascending triangle pattern, and with bullish momentum starting to flick higher again, the ducks are starting to line up for a possible topside break. If the price can pierce 6000 and take out the May 29 high, consider establishing longs with a stop beneath 6000 for protection against reversal. Some resistance may be encountered at 6100, although the obvious target for bulls will be to take out the record high set in February. Should the price be unable to clear 6000 and break uptrend support running from the May 23 low, it would favour range trade down to support at 5740. Good luck! DS
CME_MINI:ES1!Long
by FOREXcom
Celestia (TIA) – Ascending Triangle Setup (4H)BINANCE:TIAUSDT is printing a clean ascending triangle on the 4H chart, signalling a potential reversal. Key Levels • Support: Ascending trendline • Resistance: $2.30 – a key level that acted as support since early April • Measured Target: $2.50–$2.55 – aligns with prior support area • Watch out for the longer-term descending trendline, which could act as resistance on breakout around ~$2.40 Breakout Trigger A solid 4H close above $2.30 with convincing volume could confirm the move Invalidation A sustained break below the ascending support would fully invalidate the setup and potentially lead to a drop to $1.70
Long
by AliferCrypto
$FET Ascending Triangle Incoming PUMP? 1 Hour Time FraNYSE:FET 1Hr Time Frame 📝 Technical Analysis: FET is currently forming an ascending triangle pattern, a typically bullish continuation structure. This pattern is developing after a clear retest of the demand zone between $0.7038 and $0.7390, which previously acted as a strong support area. ✅ Key confirmations: - Two clear rejections from the lower boundary of the ascending triangle, suggesting strong buying interest. -A break of the previous bearish trendline, shifting market sentiment from bearish to neutral/bullish. -Volume consolidation seen in the lower portion of the chart aligns with the tightening price action – often a precursor to breakout. 📊 Price Action Insights: - The next potential retracement is expected around the Golden Pocket (0.618–0.65 Fib zone), which aligns with both the ascending triangle support line and demand zone – this confluence adds strength to the level. - A breakout above the triangle's resistance, with confirmation, would present a long opportunity. - Fair Value Gaps (FVGs) on the 4H timeframe are visible overhead at: $0.7873 – $0.8061 $0.8401 – $0.8470 These serve as profit-taking targets for any bullish breakout trades. 📊 Volume Profile: Using the anchored Volume Profile: - High volume node is seen around $0.9141–$0.9889 – indicating historical resistance where price may slow down. - Low volume node (volume gap) exists in the mid-region, implying a potential fast move through this zone if the triangle breaks upward. ❌ Invalidation Criteria: This bullish setup is invalidated if: - Price breaks below the ascending triangle support, followed by a loss of the swing low and demand zone below $0.7038. This would likely lead to a continuation of the prior downtrend. 🧠 Conclusion: The setup currently favors bulls, provided the ascending triangle holds. A confirmed breakout above resistance opens the path toward the identified FVG zones. However, risk management is crucial around the support area as a breakdown would negate the bullish structure.
Long
by King_BennyBag
11
MCLOUD📊 Stock Analysis: MCLOUD The stock has been consolidating within a ascending triangle pattern and is nearing a critical Buy Above level at ₹80 , signaling a potential breakout. The target is set at ₹179, offering a potential gain of 123.75%. Key insights: Trend: A breakout above the wedge could indicate renewed bullish momentum. Support Levels: Strong support around ₹75 , making this a low-risk entry point. Volume Buzz: The recent increase in volume shows rising investor interest. 🔔 Keep an eye on this setup! Always analyze your risk tolerance before making any decisions. 📢 Disclaimer: This post is for educational purposes and not financial advice. Conduct your research or consult a financial advisor before investing. What are your thoughts? Share them below! 📝 #StockTrading #TechnicalAnalysis #BreakoutTrading #MCLOUD
NSE:MCLOUDLong
by mrsameofficial
GOLD → Correction to liquidity before growthFX:XAUUSD is in the realization phase after exiting the “symmetrical triangle” consolidation. The price is supported by the trend and a complex fundamental background. Gold is retreating from its peak, remaining below risk support. The price of gold is falling moderately from $3,392, awaiting data on JOLTS job openings in the US. Gold is supported by trade and geopolitical risks: Trump doubled tariffs on metals, increasing pressure on the dollar. The conflict with China has escalated due to allegations of violations of agreements. Focus on US employment: Strong data could support the dollar and limit gold's gains, but the technical picture remains bullish. Resistance levels: 3365, 3391, 3409 Support levels: 3345, 3323 Against the backdrop of a rising dollar, gold may test deeper liquidity zones, such as 3345 and 3330. However, if trading forms between 3365 and 3345, followed by a retest of resistance and consolidation above 3365, this could trigger an early rise to 3391-3409. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
21
Gold Bulls Back in Control After BreakoutHaving broken triangle resistance stemming from the record highs and cleared horizontal resistance at $3367, things are once again looking bullish for bullion. Add in renewed upward momentum in RSI (14) and a bullish MACD crossover, and the preference remains to buy dips and topside breaks. $3367 now looms as a key level to build bullish setups around, offering a logical area to establish longs with a stop beneath for protection. It would be preferable to see gold retest and bounce off $3367 before entering the trade. $3434 screens as an initial upside target, with a clean break likely to put gold on a collision course with the record highs at $3500. Good luck! DS
FOREXCOM:XAUUSDLong
by FOREXcom
AIG Wave Analysis – 2 June 2025 - AIG broke daily Ascending Triangle - Likely to rise to resistance level 88.00 AIG recently broke the resistance zone between the resistance level 84.00 and the 61.8% Fibonacci correction of the downward wave (2) from March. The breakout of this resistance zone coincided with the breakout of the daily Ascending Triangle from the start of April. Given the clear daily uptrend, AIG can be expected to rise to the next resistance level 88.00 (which stopped the earlier sharp impulse wave (1)).
NYSE:AIGLong
by FxProGlobal
GOLD → Correction after distribution. Bullish trendFX:XAUUSD is testing the liquidity zone at 3350 and forming a false breakout of resistance within the uptrend. A correction is possible before growth continues. The fundamental background is quite controversial in the market. In the current situation, the focus is on relations between Russia and Ukraine, especially after the escalation that took place over the weekend. Everyone is watching the ongoing negotiations in Turkey. In addition, we should not forget about the situation with tariffs, which is still quite tense. Gold has been rallying since the opening of the session and has reached the order block. A false breakout of resistance is forming, which could trigger a correction to the zone of interest. The dollar is hitting support, which could form a local correction before continuing its movement. This could also affect the price of gold, which remains bullish in the market. Resistance levels: 3350, 3365, 3409 Support levels: 3303, 3264 The price has broken out of consolidation, with resistance tested and liquidity above 3350 realized. Relative to the current level, a correction is possible with the aim of retesting support before continuing to rise. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
12
Can Occidental Hang On?Occidental Petroleum has staggered since tariffs were announced in early April, and some traders may expect the energy driller to continue lower. The first pattern on today’s chart is the March 5 low of $44.70. The tariff news drove OXY through that support to a three-year low. It then rebounded but stalled at the previous low. Has old support become new resistance? Second, OXY has made higher lows and lower highs. Such a narrowing range may create potential for prices to start moving if the triangle is broken. Third, the stock has remained below its 50-day simple moving average. That may reflect a bearish intermediate-term trend. Finally, the 8-day exponential moving average (EMA) just crossed under the 21-day EMA. That may reflect a bearish short-term trend. Check out TradingView's The Leap competition sponsored by TradeStation. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:OXY
by TradeStation
GOLD - Price can bounce up from support level to $3420Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently, price entered to triangle, where it rebounded from resistance line and dropped to support line. Also, price broke $3345 with $3210 levels, after which it turned around and rose to $3210 level, broke it. Then Gold made retest, and then continued to grow to $3345 level, and even rose to resistance line of triangle. And then started to decline to support line of triangle, after which it turned around and made an impulse up. Price exited from triangle and broke $3345 level, which coincided with resistance area, and now trades inside. I think that Gold can correct to support level and then continue to grow to $3420 points. If this post is useful to you, you can support me with like/boost and advice in comments❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDLong
by WalterMoon
4
#COMI - ACTION IN THE WAY - all market will rising soon or ??!!EGX:COMI is showing a potential triangle pattern. BB support is at 79.15, making it a good entry point for a long position. Prices are currently trading below the middle BB line (80.16), which has acted as resistance since the start of the month. As long as prices stay above 78.60, they are likely to reach 83.20 eventually. At June market may go to moon , just remember who told you first . But still be caution more than optimistic or hopeful At this point market may achieve new historical levels from anther hand EGX30 tray many times to close over 32200 but is failed. No one is bigger than the market and remember Technical analysis is not an accurate science . This is not financial advice, just our analysis based on chart data. Please consult your account manager before investing. Thanks and good luck!
EGX:COMILong
by tfcgeorge