BenMcyInsights

🏪 1. Market StructureGold has reignited its bullish momentum this week. - Clean breakout of the bearish trendline that had been capping prices for several sessions. - Rally followed a retest of a 1H IFVG and the OTE zone (retested last week) + POI. 📍 2. Key Technical Zone- Price is now approaching a crucial Supply Zone around $3,360–$3,380, which represents the next resistance barrier. 🧠 3. Sentiment & Behavior- The structure resembles an Accumulation → Clear Breakout → Retest → Expansion sequence. - The 4H RSI is climbing without being overbought, suggesting continuation potential. 🎯 4. Probable Scenario- As long as price stays above $3,320, the bullish scenario remains intact. 🚀- If the Supply Zone is cleared, the next target lies near $3,450–$3,500, with potential extension to a fresh ATH. 🏆✅ ConclusionGold has regained short-term control. The structural breakout + intraday bullish momentum support a northward push. 🔔 Remain vigilant for macro catalysts (US inflation data, geopolitical tensions) that could propel gold even higher this week. 🌍

🔍 Price Action– Failed to make a higher high after retracing into the 4H OTE zone around 3 265-3 285.– Closed back at 3 325, right at resistance, signaling indecision.🎯 Key Scenarios🚀 Bullish Trigger : Hold above 3 325 → builds energy for a breakout up through the supply zone toward 3 365-3 380.⏳ Further Pullback : Rejection at 3 325 → deeper retrace toward the OTE low (~3 260) before resuming the uptrend.🌐 Macro Watch– US inflation prints & Fed speakers this week.– Geopolitical tensions remain elevated, which could keep safe-haven bids under gold.✅ TakeawayGold is coiling-watch 3 325 as the pivot: failure there means a deeper shakeout; hold means a powerful leg higher !

🚫 Rejection at 112K ResistanceBTC failed to break above the 112K zone and reversed sharply.😮‍💨 Cooling-Off NeededAfter weeks of relentless gains, a healthy pullback is due to “catch its breath.”Key retracement area: 100K-101K (weekly FVG zone)📅 Macro Catalysts– Friday : US Core PCE (major inflation read)– This week : Fed speakers on tap– Markets are paused, awaiting a clear driver🎯 What to Watch100K-101K support for buy-side demandBreak or hold above 112K to gauge next legReaction to Core PCE for directional bias💡 SummaryRejection → Retrace into FVG → Major inflation print → Potential launch toward new highs ! 🚀

🔍 Top ConsolidationETH is struggling to break and hold above the $2,780-2,810 resistanceTight range for days, indicating accumulation without clear direction🎭 Potential Bull Trap“AMD-style” scenario: a false breakout today followed by a sharp rejectionUpward manipulation to hunt long stops📉 Retracement PhaseAfter the rejection, expect ETH to retrace the recent bullish impulseTechnical target : test the 50% Fibonacci level (~$2,350) or the OTE zone around $2,300–2,250🚀 Mega Breakout IncomingOnce manipulation and retracement phases complete, look for a massive bullish breakoutNext upside target: reclaim highs above $3,000+👉 Watch For :False break above $2,810Confirmation of 50% retracement to validate renewed bullish momentumVolume and price action in the $2,300-2,250 zone💡 Summary : accumulation → bull trap → healthy retracement → launch into a new bullish leg.

🗿 Head & Shoulders PatternLeft shoulder → Head (~3 366 $) → Right shoulder near the downtrend lineA close below 3 283 $ would validate the shoulder break and signal a bearish turn🔄 Pullback to 3 283 $?After the H4 close under 3 283 $, expect a quick retest of that level to hunt stopsPerfect short entry if the H&S holds🎯 OTE Support TrapJust below lies last week’s Optimal Trade Entry zone (3 260–3 270 $)Gold often fakes lower here before resuming the rally⚔️ ScenariosBearish : Close < 3 283 $ → retest 3 283 $ → drop to 3 240 $ / 3 200 $Bull trap : bounce off OTE → trap of retest 3 283 $ → rally back to 3 330–3 350 $🌍 Macro NoteGeopolitical tensions (Ukraine/Russia) keep Gold bid as a safe havenNo major bearish catalyst yet—watch for a potential trap👉 Key Level: H4 close under 3 283 $. Use the retest to confirm your bias!

1️⃣ Market StructureBTC remains ultra bullish. A new high was hit last week at 112K.Since then, price is consolidating slightly around 110K with no major weakness showing.2️⃣ Key Levels📍 Main support: 108K (previous ATH)🎯 Current resistance: 112K🧭 Fibo extensions: targets projected at 130K–135K3️⃣ Context & Momentum🏦 Institutional interest remains strong💵 Weakening USD = bullish for BTC⚖️ Overall sentiment still favors upside despite market caution4️⃣ Scenarios to watch📈 Bullish: Break above 112K could trigger a run to 130K+📉 Bearish: Break below 108K may open room for a retest of 103–100K✅ ConclusionBTC is gearing up for the next leg. As long as 108K holds, the bias stays bullish.📆 This week could be the one that triggers the breakout.

📉 Today, gold failed to bounce on the resistance trendline it had broken last week.This led to a sharp drop throughout Tuesday’s session.🔁 Currently, price is reacting around the 50% Fibonacci retracement of last week’s significant bullish move. This bounce might be purely technical.🧭 The next move will likely depend on this week’s U.S. inflation data:If inflation comes in line with expectations or decreases, we could see a shift towards a risk-on sentiment, causing further downside in gold.However, if inflation rises again, gold could rally as a safe haven, especially given the current ongoing geopolitical tensions between Ukraine and Russia.⚠️ If these tensions escalate further, it would strengthen gold’s role as a hedge, potentially triggering a new bullish leg.➡️ The market is clearly waiting for a decisive macro catalyst, and the coming days could set the tone for gold’s next direction.

📈 Breakout AlertGold just broke out of the key descending trendline that has acted as resistance since early May. This breakout confirms a shift in structure and opens the door for a new local high in the coming sessions.📊 Technical ContextStrong reaction from the Bull OTE + POI zone around 3190-3230.Reclaimed 50% Fib retracement from the last leg down.Cleared the supply zone and trendline with momentum.🌍 Macro WatchIf tariff tensions between Europe and the US resurface, we could see a faster flight to safe-haven assets like gold. Risk-off narrative = bullish fuel for XAU.🎯 Next TargetPrice now eyes the liquidity resting above the 3450-3550 zone. This area could act as a magnet before the next meaningful pause.⚠️ Key SupportA clean retest of the broken trendline + 3320 area would be ideal to confirm the breakout structure.

🚀 New All-Time HighBTC just printed a fresh ATH, breaking above the previous 109-110K resistance. Price discovery is now fully active support/resistance levels are harder to define clearly in this zone.📏 Fibonacci Extension ZoneUsing the Fibonacci extension of the previous major leg, we get a first realistic target around 130K, slightly front-running the 1.618 level a common zone for major profit-taking.📌 Things to MonitorWhile momentum remains strong, macro risks still hover :Global recession fearsGeopolitical tensionsCPI / FOMC surprisesAny of those could trigger a risk-off environment, stalling the BTC rally or triggering a sharper correction.🎯 What’s next?As long as the trend holds above 103-105K (former structure highs), bulls remain firmly in control. A move to 130K isn’t out of reach but stay reactive to macro shocks that could cool down the rally.

After a strong bullish leg, gold is currently in a natural correction phase.We're now sitting right on the 50% Fibonacci retracement of the previous move. If the bullish momentum remains intact, this level could act as a solid re-entry point and fuel the next upward push.However, a deeper retracement into the OTE zone (around 3260–3250) remains possible if the market needs to gather more liquidity before continuing higher.🔍 Key levels to monitor :3280-3275 → mid-retracement (current zone)3260-3250 → deeper OTE support if momentum fades3340-3360 → target zone if buyers take back controlThis is a healthy consolidation in a bullish context. Let's see how price reacts in the next few hours 👀