🔥Stanley Druckenmiller, the legendary investor who helped make over $1B shorting the British pound, just warned traders about relying too much on charts.
"I can unequivocally tell you that technical analysis is about 20% as effective today as it was then because no one was using it.
But when everybody's using it, it doesn't work anymore because you don't have a unique thing to act against."
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📅 Periode: 9 - 21 Juni 2026
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Technical Analysis: Today’s U.S. session will see the release of this week’s most important macroeconomic data—the U.S. May CPI inflation report—which is expected to trigger cautious volatility during the European session and sharp price swings during the U.S. session. The price has now broken below the key level of 4189 and is consolidating near the low of 4174. The moving average (red line) is showing a steep downward divergence, forming a classic bearish pattern! Given the need for a technical correction following yesterday’s sharp decline in the New York market, gold prices may consolidate in the 4160–4175 range to form a short-term bottom and rebound. However, given the strong resistance from the H1 moving average, the scope for a rebound is very limited. Key Levels: Resistance: The 4,200 psychological level! Second resistance at 4,224–4,234! Support near 4,150! In terms of trading, continue to focus primarily on sell positions! #XAUUSD #CPI
#XAUUSD#GOLD#FX
Gold fell below 4200 as expected, reaching around 4180, and the decline continues.
Do not blindly enter the market to buy the dip.
We need to watch the 4150-4160 support level. If gold breaks below 4150, the next support is at 4100.
Our short-term trading strategy remains to sell on rallies.
Wait for gold to rebound to around 4220-4230 before attempting to sell.
If you want to go long, wait for gold to test the 4150-4160 support level and hold before entering a long position.
The short-term trend is bearish, so we should trade with the trend.
If you like my analysis, please like and follow me.
$GOLD / $XAU:
I've been forecasting and waiting for this -11% drop in Gold over the last 1.5 months.
It's finally here and I'm buying here (1W50EMA + wick fill).
Most traders were calling a move in the opposite direction, and now are expecting more downside🤷♂️ perfect!!
Guys, what a week.
$ADA down.
$NIGHT down.
Haters everywhere.
Charles said he is taking a break.
The entire ecosystem exploded.
Everyone talked.
Everyone speculated.
Then Charles came back:
“I’m not leaving.”
The Cardano and Midnight community went crazy.
X got flooded with Cardano and Midnight posts.
Hundreds of likes.
Hundreds of comments.
New follows everywhere.
The entire crypto market is struggling.
Yet, all I hear is Cardano and Midnight.
That tells me something.
Prices go up and down.
A real community doesn’t.
You guys rock.
This week made me more optimistic about the future than ever.
💙🚀🌓
This is my projection for the next 2 months (June-July):
A potential Three Taps Pattern is forming here imo; just be mindful when/if we reach $69k-$70k from here since a potential retest of the range lows could happen after.
And I'll look for +$80k after the possible retest.
$BTC Sunday update:
Price is back at the range lows of this 4-month range.
I'm expecting a strong bounce here, not because it's a range since all of them eventually break, but because this drop was too sharp (-25% in 4 weeks) and is extremely overextended.
🧵↓(1/5)
🗣️ Cardano has suddenly become one of the most discussed assets in crypto as its price plunged to below $0.16 for the first time since December, 2020. Much of the attention appears to have been driven by growing concerns surrounding founder Charles Hoskinson, who recently announced that he was “taking a break” after warning that the Cardano ecosystem could face a “wave of failures” following project shutdowns and funding challenges.
📊 As a reaction to this shocking news, both on-chain activity and social attention have spiked to historically high levels. The below chart shows $ADA reaching a 2026 high of approximately 0.52% social dominance, meaning more than one out of every 190 crypto-related discussions across social media has been focused on Cardano. At the same time, daily active addresses surged to 28,459, the highest level in four months, indicating that users were actively interacting with the network as the major volatility created polarization (mainly bearishness) among traders.
🤞 Despite the negative reaction, Cardano continues to maintain one of the most loyal and vocal communities in cryptocurrency. For years, ADA holders have remained committed through multiple market cycles, often supporting the network during periods when institutional interest was limited. The spike in active addresses suggests that many participants are still engaged and monitoring developments closely rather than abandoning the project altogether. However, retail enthusiasm alone can only support a market for so long.
🗓️ The next few weeks and months will likely be a make-or-break stretch for the #15 market cap, as the community hopes institutionals consider entering into positions while prices are now at 5.5 year lows. Many investors are now looking for ecosystem growth, successful project launches, and of course some more positive future words from Hoskinson to validate the long-term vision that Cardano supporters have championed for years.
🧐 Check on Cardano’s social dominance and active addresses with this chart any time: https://t.co/FYzmx13P6C