ElodieBlairFx

This 30-minute BTC/USD chart shows a significant price movement where Bitcoin broke below a rising channel before finding support around the $103,500 zone. A potential reversal pattern is forming, with a bullish setup indicated by a rounded bottom formation. If the price holds above the $105,000 level and breaks the resistance zone around $105,500, a further move toward $106,000+ is possible. Traders are watching closely for confirmation of this recovery move.

Updated Technical Analysis – Gold (XAU/USD) – 30-Minute ChartChart Overview:Instrument: CFDs on Gold (USD/OZ)Timeframe: 30-minuteDate: June 18, 2025Price: $3,382.960Recent Move: -$3.640 (-0.11%)---Key Observations:1. Ascending Channel (Green Zone):Gold has been trending upwards within a well-defined ascending channel.The price has recently retraced from the upper boundary and is currently testing the midline/lower edge of the channel, indicating a potential rebound zone.2. Sideways Consolidation (Red Box):A rectangular consolidation has formed between approximately $3,360 and $3,400, indicating indecision in the market.Price has been ranging tightly within this box for the past couple of days.The consolidation is forming within the broader bullish channel, acting as a potential bullish continuation pattern.3. Price Action and Projections:The chart shows a possible bounce from the lower boundary of the consolidation and channel zones.A bullish breakout above $3,400 would likely signal a continuation of the uptrend toward the top of the channel (targeting ~$3,440–$3,460).---Conclusion:Gold is in a bullish trend but currently consolidating in a tight range. The support from the lower end of the consolidation and broader channel suggests a likely upside breakout. Watch for a confirmed move above $3,400 for bullish continuation. A breakdown below $3,360 would invalidate the bullish bias and could trigger a short-term pullback toward $3,320–$3,300.---Suggested Strategy:Bullish Bias: Buy on breakout above $3,400Stop Loss: Below $3,360Target Levels: $3,440 / $3,460

This 30-minute Bitcoin chart shows a clear bearish reversal pattern following a triple top formation near the $109,000 resistance zone. The price broke below the ascending trendline support, confirming bearish momentum. A highlighted potential bounce zone is around $103,000–$104,000, suggesting short-term support. A minor retracement is expected before any further downside continuation, as shown by the projected path. The chart indicates a potential shift in sentiment from bullish to bearish, emphasizing caution for long positions.target reached

This 30-minute chart of Gold (XAU/USD) shows a clear consolidation pattern forming after a recent downtrend from the 3,450 zone. The price is currently ranging within a horizontal support-resistance box near the 3,370–3,390 area, with previous bullish momentum broken by a downward trendline.The key support zone is highlighted in yellow, suggesting a potential decision point. The two arrows indicate a possible breakout scenario:A bullish breakout back toward 3,400+ if support holdsA bearish continuation if price closes below the support zoneTraders are likely watching this zone closely for confirmation of direction, as a breakout could signal the next significant move.trade activetarget reached