Gold (XAU/USD) Market Structure Analysis - In-Depth This chart represents the 30-minute timeframe for Gold (XAU/USD), focusing on market structure, price action, and key levels. Below is a breakdown of each key component: 1. Market Structure Analysis ChOCH (Change of Character) ✅: A Change of Character occurs when the market shifts from bearish to bullish or vice versa. In this chart, ChOCH is marked with a ✅ where the price reverses direction and creates a new higher high or lower low, signaling a potential shift in market sentiment. For example: The ChOCH after the strong low ($2,613.377) marks a change from bearish to bullish. Break of Structure (BoS) ❌: BoS indicates when price breaks through a significant swing high or swing low, confirming the continuation of the current trend. In this chart, the BoS levels are marked with ❌ to highlight where price breached key structural points. BoS examples include: The breakdown of earlier support zones confirms bearish momentum. The break of the strong high later shows an attempt to push bullish before failing. 2. Key Levels Supply Zones (Resistance - Green Highlighted Areas): These zones are marked at the points where the price rallied and then reversed downward. They act as supply areas where sellers are active. Examples include: The zone near $2,720 - $2,730 (Strong High), where price faced resistance and failed to sustain further upward movement. Demand Zones (Support - Green Highlighted Areas): Demand zones are marked where price dropped and then reversed upward, indicating strong buyer interest. Examples include: The zone near $2,613.377 (Strong Low), where price formed a bottom and reversed. The intermediate demand zone near $2,640 - $2,650, which initially supported price before breaking lower. Strong High ($2,726.992): This is a significant swing high where price peaked but failed to continue higher. The failure to hold above this level confirmed that sellers dominated this area, pushing the price back down. Strong Low ($2,613.377): This is a significant swing low where price found strong demand and reversed upward. This level represents the most recent bottom before the bullish ChOCH occurred. 3. Trend and Price Movement Initially, the market was in a bearish trend, breaking key support levels (BoS). The strong low near $2,613.377 created a demand zone and a ChOCH, which initiated a temporary bullish reversal. The price then rallied toward the strong high at $2,726.992, breaking through intermediate supply zones on the way up. After reaching the strong high, the price faced strong resistance and reversed sharply, marking a key failure swing. Subsequent price action shows the market breaking back through previous demand zones, confirming a return to bearish structure. 4. Key Observations Bearish Momentum: The rejection at $2,726.992 (Strong High) and consecutive BoS levels indicate a bearish continuation. Key Demand Zone Tested: The demand area near $2,613.377 remains critical for potential reversals or continuation downward. ChOCH and BoS Significance: ChOCH signals trend reversals, while BoS confirms trend continuation. Together, they provide clarity on market direction. Conclusion This chart highlights the importance of: Market Structure: Tracking ChOCH and BoS levels for trend changes. Supply & Demand Zones: Identifying areas of interest where price reacts strongly. Key Levels: Monitoring significant highs ($2,726.992) and lows ($2,613.377) for trend continuation or reversal signals. Overall, the market shows bearish signs after failing to sustain above the strong high and breaking back through demand zones. Traders should watch for price action near the strong low ($2,613.377) to determine if buyers will step in or if bearish momentum continues.
Amp is looking good, just broke out with some nice volume and ready for the next leg up. The AMP Train is leaving the station. Short term target: 0.018 to 0.020 range Med term target: 0.027 to 0.033 range Long term target: Moon Lets Go!!!
Yeah yeah yeah, I'm bearish I get it I am a horrible idiotic terrible person. Anyway here is a starter chart for shorter term levels on the way down if that indeed is the way we go for a retracement. I think end of the year cycling out of winners is inevitable especially in the over-valued nasdaq big boys. Also looking at last week, we rejected the upper 800s, which is not a good sign. Almost looked like "they" pushed it off Friday open to see if there was any retail left. Turning from cautious to bearish based on all macro evidence and other indicators. Not full blown panic mode yet, we could possibly put on another month or three of gains, but we are much much closer to the end than anyone is talking about. Also food for thought, when it's in the news it's in the price. There's tons of euphoria in the markets at the moment, with everyone pointing and chattering about the "Santa Rally" wherever I turn. Always be cautious when everyone is talking and feeling the same way, just my advice. Risk reward and risk management is all of trading. Reward for buying another 10% against a risk of losing 40% doesn't seem like something I really want to jump head first into at record setting levels of overvaluations metrics everywhere. Good Luck this week Bosses, any question as always feel free to reach out or ask in the comments.
The blue line and blue box highlighted on the chart may serve as strong support levels for BNBUSDT. While BNB has been relatively quiet and lagging behind the broader market, its time for movement may be approaching soon. These supports provide potential opportunities for strategic entries. Monitor closely for a reaction or breakout signal, and always apply proper risk management. This levels are on LTF. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis ? DOGEUSDT.P: Next Move ? RENDERUSDT.P: Opportunity of the Month ? ETHUSDT.P: Where to Retrace ? BNBUSDT.P: Potential Surge ? BTC Dominance: Reaction Zone ? WAVESUSDT.P: Demand Zone Potential ? UNIUSDT.P: Long-Term Trade ? XRPUSDT.P: Entry Zones ? LINKUSDT.P: Follow The River ? BTCUSDT.P: Two Key Demand Zones ? POLUSDT: Bullish Momentum ? PENDLEUSDT: Where Opportunity Meets Precision ? BTCUSDT.P: Liquidation of Highly Leveraged Longs ? SOLUSDT.P: SOL's Dip - Your Opportunity ? 1000PEPEUSDT.P: Prime Bounce Zone Unlocked ? ETHUSDT.P: Set to Explode - Don't Miss This Game Changer ? IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One ? STMXUSDT: 2 Buying Areas ? TURBOUSDT: Buy Zones and Buyer Presence
I made a similar post awhile back detailing how Dow Jones moves and uses FOMC. Now I have a little more update, it is even clearer. The purple highlighter is the FOMC release and the purple line is the price level it was released at. https://www.tradingview.com/x/QumqePKn/ The November FOMC kickstarted the bull trend and since then, price has been defended from prior FOMC levels. https://www.tradingview.com/x/YhuQHodV/ Below I will show you what I am referring to. https://www.tradingview.com/x/YHlaJXbo/ https://www.tradingview.com/x/npbjxl10/ https://www.tradingview.com/x/4nSSIfBL/ https://www.tradingview.com/x/n1iRD2Tw/ https://www.tradingview.com/x/KXPCrLxi/ https://www.tradingview.com/x/NFKkZR4f/ https://www.tradingview.com/x/R14txp5J/ https://www.tradingview.com/x/BFPeOh5L/ https://www.tradingview.com/x/BMLq9YeO/ https://www.tradingview.com/x/8Ipngztv/
Does it rally back to the 59-60% mark for a double top? Does it continue to break down and cascade another leg to the downside. I think whatever happens will happen soon so buckle up!! I do think it has a higher chance of going down personally. NFA!
Ok so here i have the weekly chart pulled up and as you can see we have multiple pivots along the lower trendline. im anxiously waiting to see if the "third times the charm" .
1st week of december - Accumulation 2nd week of december - Manipulation What to expect on 3rd December ? - Distribution downtrend. -Targeting 2613
Retesting channel on hourly for Dogecoin leads me to believe we are in for a pump very soon!
If XRP copies previous 2017 bull market cycle timeframe in this cycle it would top above 40$ in around September 2025. In 2017 it took 10 months from start of bull run to the ATH.