News snapshot Markets await Trump's inauguration policy announcements. Geopolitical tensions ease after Gaza ceasefire agreement, reducing immediate safe-haven demand. Fed rate cut expectations for 2025 remain at 2 times, with markets pricing in first cut potentially by June. Physical demand from China remains robust ahead of Lunar New Year.
📊 What I see on 2h
Price retesting the rising trendline after breaking above previous resistance. Structure still bullish – but we're at a decision point.
Key levels:
🟢 Support: 4,682 (trendline) 🔴 Resistance: 4,769 → Target 4,891
⚡️ IF–THEN
✅ IF holds 4,682 + reclaims upside → continuation toward 4,769 → 4,891
❌ IF loses 4,682 → fakeout → deeper correction
🧠 My bias
For me, this still looks like a healthy retest. But I'm not interested in guessing if it holds. I'll wait for price to show me – reject or break.
👇 Do you think trendline holds or fails?
📊 What I see on 2h
Price retesting the rising trendline after breaking above previous resistance. Structure still bullish – but we're at a decision point.
Key levels:
🟢 Support: 4,682 (trendline) 🔴 Resistance: 4,769 → Target 4,891
⚡️ IF–THEN
✅ IF holds 4,682 + reclaims upside → continuation toward 4,769 → 4,891
❌ IF loses 4,682 → fakeout → deeper correction
🧠 My bias
For me, this still looks like a healthy retest. But I'm not interested in guessing if it holds. I'll wait for price to show me – reject or break.
👇 Do you think trendline holds or fails?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.