Nifty Intraday Levels | 09-05-2024The Green line is marked for breakout, The Red line is marked for breakdown, The Black lines are for the target. Stay tuned, if any levels occur, I will update you in the comment section.by iamrk7Updated 1
XAUUSD 6 - 10 May 2024Dear friends, On the daily chart gold closed with a doji candle and this could be a sign that on Monday we see a following red candle. We see that gold is getting a lot of support between 2290 and 2280.If the price closes below these levels we can look for prices around 2264/2254 and maybe even 2240 and after that 2220 but 2264 look more achievable for this week and maybe even 2254. I personally think this week will be bearish and in this case we will be active from 2296 but the best zone to sell will be after 2284. The critical levels are 2284 - 2271 - 2264 - 2250 and 2238. In a bullish case we will be active from 2306 (high risk) the best zone to buy is above 2310. The critical levels are 2310 - 2318 - 2320 - 2326 - 2336/38 - 2350/52 - 2371 and 2384. I will keep you all updated with regular updates throughout the week. Don't forget to like, comment and follow to support me, i really appreciate it! I wish you a good week, trade with a stop loss and I hope you all get rich! Shortby TheDutchGoldTradeHubUpdated 114
Gold suddenly turned down!"Gold (XAU/USD) attracted some buyers during Asian trading hours on Wednesday. Safe-haven demand, driven by geopolitical tensions and political uncertainty, as well as central bank buying activity, may contribute to pushing gold prices higher. However, hawkish remarks from Federal Reserve officials could dampen hopes of interest rate cuts in 2024, despite weaker-than-expected US employment reports in April. This could drag the precious metal lower. At the end of Wednesday, Philip Jefferson, Susan Collins, and Lisa Cook of the Federal Reserve will speak. Hawkish comments from Fed policymakers may lift the greenback and exert pressure on gold priced in USD. Gold traders will monitor consumer sentiment indices from the University of Michigan on Friday." Shortby RKarinaUpdated 49
MAJOR SUPPORT AND RESISTANCE - USOIL 6-10 MAY 2024This are major support and resistance(Not Daily).It is too hard to Publish Daily S AND R. Trade carefully. Note: This is only for Learning. Note: There can be conflict because of CRUDEOIL INDIA CHARTby marketgoatofficialUpdated 2
Gold - prediction - longGold price is getting higher everyday. Here is the prediction of gold price in upcoming days. If price closes above 2375 in monthly candle, the chance of price to reach targets 2550 and 2700 is higher. If price closes below 2250 there is some chance it can go upto support 2100 and goes up. Anyway longterm trend is up. So it is wise to wait and Watch.by krishscorp1
XAUUSD technical analysisWhen gold 2350 break out up, next target 2400 & gold break out below 2277 next target 2221 Now few week play the game range between 2330 to 2286 But just my opinion gold it’s bullish. by zestshowoff8
BOSCHLTD1 ON SUPPORTThe BOSCHLTD1 reached support area ,We have two possibilities: 1.Reversal from S 2.Breaking the Support and reach next S. Note: Educational purpose only.by marketgoatofficialUpdated 1
15M resistance 15 resistance area.so sell sl maintain. Happy trading. Support resistance bass trading plan.Shortby Tamiltry1
Us oil Brakeout.As we have taken the trade at breakout . Who want to join in this trade could get into trade at this pullback and enter the trade with good risk and reward ratio.Shortby Traders-community0
Gold wait for our targetAs we can see market is sideways but in downward movementum , making lower lows and lower highs . We should keep patience until we hit sl or target. Keep connected with us 🫶 Shortby Traders-community0
XAUUSDHello all dear traders! Gold price today decreased by 15 USD compared to last night's highest price of 2,325 USD/ounce. Accordingly, Gold decreased slightly as investors focused more on the prospect of interest rate cuts from the US Federal Reserve (Fed). According to CME's FedWatch tool, futures traders believe there is about a two-in-three chance that the US Central Bank will cut interest rates in September. Although prices are pressured by the interest rate outlook. But! The upside for gold, especially related to geopolitical risks and potential tensions in the banking system, is strong enough to support the precious metal.by RKarinaUpdated 18
15 resistance 15 m resistance area. Sl maintain trading. Support resistance bass trading Shortby Tamiltry2
GIFT NIFTY following the buy sell zone accurately, to hit 22500?NSEIX:NIFTY1! gift nifty fell down till major support/buy zone of 22300 and now may try to retest/break 22500 zone ahead.by ajinkyadiwakar7173
GIFT NIFTY broke from the sell zone mentioned in last postNSEIX:NIFTY1! GIFT NIFTY once again felt the pressure of sell zone at the top and gave the fall while reacting to buy zones marked in previous post, now we need to follow the next fresh buy sell zones to plan the trades accordingly, if we break the current buy zone, below are the 3 target marked, above current zell zone we may test the next sell zone.by ajinkyadiwakar717Updated 1
Gold keeps buyers in game despite recent inaction, $2,338 eyedGold price lacks bullish momentum despite staying positive on a weekly basis, after a two-week downtrend. While bearish MACD signals and a steady RSI (14) line suggest a continuation of the metal’s recent sideways performance, a one-month-old falling wedge bullish chart formation keeps the buyers hopeful. It’s worth noting that the 21-SMA resistance of $2,338 will act as an extra filter toward the north, in addition to the stated wedge’s upper line surrounding $2,322. Following that, the quote’s run-up toward the $2,400 threshold and then to the latest peak of around $2,431 can’t be ruled out. In a case where the XAUUSD remains firmer past $2,431, the bullion buyers can aim for the theoretical target of falling wedge confirmation, close to $2,480 in this case. On the flip side, the $2,300 round figure and $2,285 restrict the short-term downside of the Gold price ahead of the aforementioned wedge’s bottom line, near $2,275 by the press time. Should the precious metal drop beneath the $2,275 support, it defies the bullish chart formation and can direct the XAUUSD sellers toward the 50-SMA support of $2,251. It’s worth mentioning, however, that the buyers should remain hopeful of witnessing a corrective bounce, even during the gradual fall, unless the quote breaks an ascending trend line support stretched from the mid-February, around $2,219 as we write. Overall, the Gold price is likely to reverse the previous losses but a sustained upside clearance of $2,338 is a must for bulls to retake control.by MTradingGlobal2
Nifty Intraday Levels | 08-05-2024The Green line is marked for breakout, The Red line is marked for breakdown, The Black lines are for the target. Stay tuned, if any levels occur, I will update you in the comment section.by iamrk75
Banknifty | Volatile | bullish 22 Mar Bank nifty has taken good support near 46000. For tomorrow, ideal set will be if it touches 46500 and bounces back. this will be the best place to initiate longs for a 500-1000 points upmove. levels are marked within chart. BNF is respecting the channel so far, a great pattern coming in handy so nicely for such a long time. As per indicators, it's turning bullish today. hence expecting a good up move soon (next week). will be shorting puts on levels. already in profits in 46500 PEs, will offload them close to 47000 Longby aditya_biswasUpdated 3
Gold buying triggered entry open MCX:GOLD1! Gold tp1 2329 Gold Tp2 2335 We looking for buying gold at lord emperor...let's rockLongby Lord_Emperor1
GOLD at 2311 , critical position Gold is hanging below support and continuously testing the resistance zone at 2322-2326 ..we need to see how people and market react ..Longby Lord_Emperor113
Finnifty - May 7We had a very narrow range movement today. And we can see the price is at support now. Price has formed a descending triangle pattern also. Buy above 21840 with the stop loss of 21790 for the targets 21880, 21940, 22000 and 22060. Sell below 21750 with the stop loss of 21790 for the targets 21710, 21660, 21620 and 21580. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do. by vanathiUpdated 4416
How is gold price traded today?Hello everyone, it's RKarina again! Today, gold prices continued their recovery since Monday, with the metal up more than $25 since the start of the new week. Although gold has experienced two consecutive weeks of price declines after a 5-week recovery streak, overall investor sentiment is still optimistic about this precious metal. From chart analysis, we see that gold has broken out of the price range and surpassed the trend line, signaling a new uptrend. Support at $2310 has been established, with a current target of $2350 - $2360 in the near future if gold maintains its bullish momentum in the current economic and market conditions!Longby RKarinaUpdated 60
XAUUSDWorld gold price is currently trading around 2,320 USD. “The recent decline in gold prices that we have seen over the past few weeks may be weakening,” one expert noted. US employment data has weakened the USD, creating an opportunity for world gold prices to increase." According to technical analysis, in the short term, gold's next resistance level is 2,360 USD/ounce and if this threshold is broken, gold could quickly climb to 2,400 USD/ounce. If gold enters a downtrend, the first support level is 2,280 USD/ounce.by RKarinaUpdated 13