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Silver – Is the Rally Finally Running Out of Steam?
XAGUSD, 60
Silver – Is the Rally Finally Running Out of Steam? XAGUSD, 60 If you’ve been following my recent analyses, you already know that I’ve been bullish on Silver since Monday and repeatedly argued that, technically speaking, Silver looked much stronger and much cleaner than Gold. And so far, that view played out very well. After the expected breakout above the 81.50 zone, Silver accelerated aggressively to the upside, first reaching my 85 target and then continuing toward the major resistance area around 90. Now the question becomes: Does Silver still have enough strength to break higher? In my opinion — at least for now — probably not. Yes, another push up is still possible, especially in a market as emotional and volatile as this one. However, there are already signs that momentum is starting to fade. Why I believe exhaustion is starting to appear: - We are already seeing rejection from the 90 resistance zone - The latest upside moves started to overlap instead of expanding cleanly - Momentum no longer looks as impulsive as it did after the 81.50 breakout - The market feels more stretched than strong at this stage This does not automatically mean “crash.” But it does suggest that buyers may be losing control, at least temporarily. Trading plan: A final push higher is still possible. But if we get such a move, I will personally use it as an opportunity to search for short positions rather than chase the upside. Main downside target: ➡️ Return toward the 81.50 support zone After such an aggressive rally, Silver may simply need to cool down a bit before deciding its next bigger move. And honestly… after moving almost vertically for days, even Silver deserves a coffee break 🚀 $XAG
Gold’s Tight Range Could Explode Soon – 1000+ Pips on the Table?
$XAU USD, 15 One thing is becoming very clear: if you are a swing trader, Gold probably managed to annoy you properly over the past week. For days already, price has been trapped inside a frustrating range where every move starts looking convincing… only to completely reverse a few hours later. You think: “Ok, this will finally be the breakout.” And then Gold replies: “Nope.” But despite the chaos, there is actually one good thing developing here: the range is tightening. At this moment, we now have a relatively clean 500-pip range to monitor: - 4725 zone → resistance - 4670 zone → support And in my opinion, this compression matters. Usually, when a market spends this much time trapped in a narrow structure, the eventual breakout tends to be aggressive. The market is basically storing energy, and once one side finally loses control, the move can become explosive. Personally, I believe that when we finally get a genuine break of this range, the move afterward could easily exceed 1000 pips. My current bias: Although dips have been bought repeatedly, I still lean bearish overall. Why? Because after such a long period of compression, if sellers finally manage to break the downside properly, I highly doubt Gold will simply stop politely around the 4600 zone and bounce like nothing happened. Markets usually do not spend this much time building pressure for a tiny move. So if I eventually get the downside confirmation I’m waiting for, I plan to hold the trade for at least 1000 pips. Now, of course, I’m not married to my opinion. If Gold breaks higher instead, I will take the loss like a grown man, reassess the market, and move on. The goal is not to be “right.” The goal is to survive long enough to catch the move that finally decides to stop trolling everyone 🚀 Thanks for reading.
Trading Vi BULLS VS BEARS — 4670 AND 4710 DECIDE GOLD’S NEXT MOVE XAUUSD, 240 $XAU
After the sharp decline triggered by previous CPI and PPI data, gold is now entering a clear compression phase ahead of tonight’s Retail Sales release. The market is slowing down and waiting for confirmation on whether USD strength can continue after the recent series of economic data.
The key point here is that although the short-term structure still remains inside a bearish channel on H4, gold has not broken down below the rising trendline support yet. This suggests sellers still control the broader structure, but buyers are attempting to defend the last recovery zone to avoid a deeper breakdown toward lower support areas.
From a macro perspective, the market remains highly sensitive to U.S. economic data. If Retail Sales stay strong, it would reinforce expectations that the FED may keep higher rates for longer, supporting USD further. In that scenario, gold could break below the lower trendline support, confirming bearish continuation toward the 462x–460x support + fibo areas.
On the other hand, if retail data weakens, gold may see another liquidity sweep back toward the upper 47xx demand zones before the market decides on the next larger directional move. However, at this stage, the current recovery is still viewed as a technical rebound inside a broader bearish structure rather than a sustainable bullish trend.
MAIN SCENARIO: Gold continues compressing ahead of Retail Sales data. If USD remains supported by strong economic numbers, gold may break below the rising trendline and extend the decline toward lower support + fibo zones.
ALTERNATIVE SCENARIO: If economic data weakens and USD loses momentum, gold could rebound short term toward the 47xx demand area before the market reacts to the next major directional setup.
Price swept liquidity above the highs and instantly showed weakness. Smart money doesn’t chase it waits for confirmation after manipulation. If bearish momentum continues, 4680 may become the next destination.
MORNING UPDATE $XAU $BTC Asia-Pac stocks traded mixed after a subdued lead from Wall Street, where sentiment was dampened by tech weakness, higher oil prices, and firmer-than-expected inflation. Geopolitical uncertainty persisted, with Iran reportedly demanding five confidence building conditions before agreeing to a second round of talks with the US. US stocks were mixed Tuesday, with most indices in the red as markets weighed hot inflation and geopolitics; the Dow edged higher. Healthcare, staples, and energy outperformed, while tech and industrials lagged on semiconductor profit-taking, though chips bounced off lows. Trump called the ceasefire “very weak,” Iran reportedly targeted Kuwait, and Saudi Arabia was said to have struck Iran. Iran demands five conditions for talks, including war end, sanctions relief, compensation, and Hormuz sovereignty. President Trump posted that NVIDIA CEO Jensen Huang, along with several other CEOs of major US companies, is aboard Air Force One, and that he will ask Chinese President Xi to open up” China. WTI futures settled $4.11/BBL higher yesterday closing just above $102 as the US-Iran tensions remained uncertain. Gold rallied from $4,638/oz yesterday reaching highs of $4,727/oz before settling around the 4700 handle this morning as the market awaits Trumps China visit. In FX, the DXY was flat, taking a breather after gaining on higher oil prices and a hot CPI report. Focus turns to PPI and the Trump Xi summit. EUR/USD was flat, trading sideways after recent dollar gains, despite hawkish ECB comments from Nagel—who said the ECB must act if inflation expectations de anchor, with June a key meeting, and that rate hikes are increasingly likely. GBP/USD was also flat, constrained by political headwinds as PM Starmer defies calls to step down, inviting a leadership challenge. USD/JPY traded marginally higher, holding above 157.00 on higher oil prices and US yields, with the yen failing to benefit from stronger current account, bank lending data, or market pricing for a BoJ June hike.
Bitcoin rose modestly on Monday, with gains limited by renewed U.S.-Iran tensions, while optimism over progress on U.S. crypto regulations supported sentiment. The cryptocurrency was up 1.4% at just shy of $82k
As u can see, the market is at a bullish order block, indicating a strong support area. From here, price could move upward toward the higher levels as buying pressure and bullish momentum build. This is a personal technical observation based on price action and market structure only, not financial advice. $XAU $BTC
$XAUUSD holding inside a key range Resistance zones: 4825–4850 & 5150–5200 Support zones: 4480–4520 & 4380–4420 Price reaction around these levels will decide the next move Breakout = bullish continuation Rejection = possible pullback Patience and risk management matter most.
Ms Puiyi
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Not bad numbers but crypto needs momentum to break out this week. You have a very interesting perspective, can we fol...