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
Buy CRUDE oil now MXC buy near 6510 , we get 9-10% move on sell On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
ICICIBANK ON SUPPORTThe ICICIBANK reached support area ,We have two possibilities: 1.Reversal from S 2.Breaking the Support and reach next S. Note: Educational purpose only.by marketgoatofficial1
ADANI ENTERPRISES REACHED SUPPORT The ADANIENT reached support area ,We have two possibilities: 1.Reversal from S 2.Breaking the Support and reach next S. Note: Educational purpose only.by marketgoatofficial1
🔥GOLD TREND ANALYSIS NEXT WEEK💲 Spot gold continued to show an adjustment trend this week due to factors such as profit-taking by bulls and the dissipation of geopolitical risks. The market price continued to fall, reaching the lowest level of 2277.18. Although the closely watched non-agricultural data was bullish for gold, the boost to gold's performance was limited. The price of gold shot up to 2320 and then fell back, finally closing at around 2300. The weekly line once again showed a negative line, and the trend continued to adjust. Judging from the weekly rhythm, the rising wave that started at $1,810 continued to maintain the rhythm of three positives and one adjustment until it approached the $2,400 mark, forming a short squeeze and rising, with five consecutive positives. However, after the consecutive positives, the adjustment pattern cycle did not change. The correction began with five consecutive positives at the high of $2,431, followed by double negatives. Therefore, we may expect a positive line next week. In the short term, on the four-hour market, the obvious pressure position is at the 2400 integer mark. Although it hit the 2400 mark many times, it failed to form an effective breakthrough. Instead, there was a downward adjustment, that is, it stepped back to accumulate strength. If 2400 to 2292 is regarded as the first wave downward revision, then 2252 to 2282 can be regarded as the third wave downward revision. According to the characteristics of the correction wave, with 2327 as the high point and combined with the double bottom position of 2267, there is a high probability that the correction low point will be completed at the 2267 line. In terms of specific operations, the third wave downward revision has not yet ended. It is recommended to go short at a high level next week and then consider going long after the price retreats to $2267. At the beginning of the week, focus on the suppression of 2310. At the bottom, focus on the 2292, 2282 and 2267 positions. Pay special attention to the opportunity of the 2267 line touching, so as to launch a backhand multi-order layout, and around the completion of the correction, we are optimistic about the return of the bulls. On the whole, gold's short-term operation next week will mainly focus on callback long orders, supplemented by rebound short orders. The top focus will be on the 2308-2310 resistance range, and the bottom focus will be on the 2265-2267 support range.by JackBlackwellUpdated 33167
🔥GOLD TRADING STRATEGIES✅Judging from the daily structure, gold's two-week correction is still in the midst of a bullish correction. The golden section 0.382 support below is located near 2260. As long as it remains above 2260, the bullish pattern will remain strong. From a morphological point of view, gold's recent correction has completed two waves of adjustment: the first wave was corrected from 2431 to 2324, and the second wave was corrected from 2417 to 2291. It is currently in the third wave, adjusting downward from 2352, with the lowest point being 2277. The adjustment amplitude in the first two waves exceeded $100, so the adjustment amplitude in the third wave has obviously not been reached yet. Taking into account the golden section and the double bottom rising level, this decline is likely to complete the correction near 2267. Therefore, there is still the possibility that gold will continue to fall in the short term. Today, gold continued to rise after hitting bottom, breaking through the suppression of the 10-day moving average of 2317. If the closing price is still below the 10-day moving average, the short-term correction will remain weak, and the bearish trend may continue tomorrow. On the contrary, if the closing position is above the 10-day moving average, the short-term trend will change, and a bullish rebound on dips should be considered to test the middle rail and channel counter-pressure points. At present, the 4-hour chart has touched the 60-day moving average, and we need to pay attention to its effectiveness. The annual moving average support has moved up to the 2270 line. The key point today is the first-line resistance of 2330, which is the turning point of weak correction and the opening of the last wave of suppression. If 2330 is broken through, it may turn into a short-term long position. On the contrary, if 2330 is suppressed and returns below 2316, there may be repeated shocks. Taken together, today's short-term gold operation advice is to focus on longs on callbacks, supplemented by shorts on rebounds. The top short-term focus is on the 2328-2330 resistance range, and the bottom short-term focus is on the 2292-2295 support range.by JackBlackwellUpdated 1
GOLD NEXT MOVE (bulls are in under pressure) (29-04-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (29-04-2024) Current price- 2336 "if Price stay below 2348, then next target is 2324 and 2312 and above that 2360. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.Shortby AnupZiddiUpdated 121291
Copper sell trade given today at 868 hold it 859, 854 Target On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
Nifty Intraday Levels | 07-05-2024The 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 3
Update the latest gold price today!Hello dear traders Today let's explore the price of gold together! Gold recovered slightly after a volatile Friday, trading steady around $2,310 and up 0.34% on the day. In terms of short-term outlook, gold appears to be moving sideways and is still in an accumulation phase with expected swings between $2325 and $2290. Pay attention to the marked points to find a reasonable entry point. Looking ahead, this week is expected to be relatively quiet in terms of economic data releases. However, there are some notable events such as the US 10-year bond auction on Wednesday, the Bank of England's monetary policy decision and the Treasury's 30-year bond auction on Thursday. Additionally, a preliminary consumer sentiment report from the University of Michigan will be released on Friday. We will continually compile and update all of this information. Stay tuned for the latest updates!by RKarinaUpdated 37
XAUUSD : SELL , short GoldAs i predictrd previously about gold . This could be also my best prediction as risk to rewad ratio is very high in this trade. We can see huge downward movementum at tis level.Shortby Traders-community2
USOIL : Is at level to sell .we could see big downward movementuAs my previous predictions im sure that us oil will follow pattern , and we can get huge profit from this trade. Us oil could give big downward movementum and we can see huge sell off at this level.Shortby Traders-community0
GOLD NEXT MOVE (Bull are in dominance) (26-04-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (26-04-2024) Current price- 2342 "if Price stay above 2324, then next target is 2355 and 2370 and below that 2310. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 121277