$BTC On the H12 chart, it is crucial that the area highlighted in red holds. As long as the price continues to defend this area as support, the most likely scenario remains a recovery towards higher levels and a possible retest of the next resistance levels.
The reaction seen following the dip below 59k shows that demand has emerged in that area and that buyers are attempting to regain control of the market.
Conversely, a clear break below the red box and the main support level would turn the current rebound into a mere temporary relief rally. In that case, the short-term bullish scenario would be invalidated and the market could return to seeking liquidity at lower levels.
For now, the message is simple: above the red zone, we can talk of a recovery and higher prices; below the red zone, the scenario changes and the entire context must be reassessed.
$XAU
I warned you guys about the drop and it’s happening right infront of your eyes… and obviously that setup was a troll.
You can keep longing the supports, it won’t work, that’s just how it goes.
But when its time for buys, it’s straight vertical and I’ll make sure i share the support zone here with you ❤️
Re-test completed. Now breakdown of the year-long average and established move below it, can change the trend targeting first 4,098 followed by 3800s. #GOLD
On the macro range $BTC , these are the levels and triggers that I personally consider most worth monitoring to gain greater confirmation and reduce the risk of trading on false signals.
As you can see, the zone between 60k and 64k remains the key area: as long as the price continues to trade within this range, I expect volatility, false breakouts and non-linear movements.
For this reason, I prefer to wait for clear confirmation:
Recovery and hold of the 64k area… a bullish scenario with the potential for an extension towards higher resistance levels.
A decisive break below 60k… a possible bearish acceleration towards lower liquidity levels.
Remaining within the range… an accumulation/distribution phase where patience is more valuable than compulsive trading.
On lower timeframes, I already shared my view yesterday: there are interesting trading opportunities, but on the macro front I continue to prefer well-defined triggers rather than trying to anticipate the market.
At this stage, risk management matters far more than the search for the perfect trade. Waiting for confirmation often means earning less from the move, but significantly increasing the chances of being on the right side of the market.