SILVER - MCXSILVER CMP 79536 add till 74000 weak below 68000 can go uptp 104000 (9-12 MONTHS)Longby marketwala5
Natural Gas - How to trade today - Live Market Analysis Please read the notes on the chart. Today's time candles are 4-4-24 7:31 AM 4-4-24 11:57 AM 4-4-24 4:24 PM (Pivotal) Going to decide the future trend 4-4-24 8:50 PM 4-5-24 1:16 AM Disclaimer: I am not a registered analyst with any National/International Authority and it is only for the educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses Thank youby rekhi5671
XAU/USD Bullish trend might endBullish trend might reverse into bearish trend and maybe some profit bookingsShortby ritam_007446
Bullish view on Silver.●Today SILVER made new all time high. ●Pattern observed is rectangle pattern breakout. Longby Chandragopal112
Gold will hit $2,300On April 3, gold surged to hit 2300? The factors why such a surge mainly stems from three aspects: First, the market expects the Federal Reserve to cut interest rates. We have repeatedly emphasized in the past that it is only a matter of time before the Federal Reserve cuts interest rates. This is also the main driving force for the market to continue to be bullish on gold. Even if there is news in the short-term market that is not conducive to interest rate cuts, it is only a short-term behavior and does not hinder the bullishness in the medium and long term. This bullish factor continues, so gold's rise to 2300 may be a small target in the future. In the medium and long term, it is possible for gold to rise to 2400-2500 before and after the Federal Reserve interest rate decision in June. The second is the influence of geopolitical factors. Recent incidents related to the Russia-Ukraine war and the situation in the Middle East have occurred frequently, and there are conditions and possibilities for escalation. Under such global risk challenges, the demand for gold as a safe haven has been continuously strengthened. , combined with the first point above, geopolitical factors have undoubtedly accelerated the bullish sentiment of gold, which is already bullish in the medium and long term. Third, although the U.S. dollar is currently strong, this strength is difficult to maintain and is not recognized by the market. After all, there are always expectations for the Federal Reserve to cut interest rates, so it is difficult for the U.S. dollar to remain strong for a long time, and the U.S. dollar index itself is also technically at a high level. status, and judging from the recent linkage between the U.S. Index and gold, once the U.S. Index drops, gold will follow the U.S. Index to rise in the opposite direction, and it is unlikely that the U.S. Index will be stronger, which will lead to There is not much room for gold to adjust. In short, the demand for adjustments in the US index's future technology will also bring bullish momentum to gold. Returning to the current market, the daily line has been positive for 6 consecutive times, the overall rising structure remains good, and the indicator rising structure remains good. In the 4-hour chart, the stochastic indicator golden cross is upward, the main bull is running upward, and the shape is also a continuous broken sun oscillating upward. From any technical point of view, it is bullish, and the retracement is bullish. On the whole, it is recommended to buy long positions after the pullback in gold operation today. The upper resistance level focuses on the resistance in the 2290-2300 range, and the short-term support below focuses on the 2250-2265 range. If the price falls back to the 2250-2265 range, you can go long.The expected take-profit price above is in the range of 2290-2300 US dollarsLongby winner-2004Updated 39
Nifty 50 Wave Count and TrendNifty facing hurdel around 100% retracement level its strong resistance. Suddenly a decline in the activities of FII and DII is visible. It seems everyone is confused. Everyone is confused about the rise that is happening here, is it an impulse rise or a corrective rise? Counting makes our work easier - view is clear. The main reason is that in the past (2008 and covid 19), when the market had fallen after the ending diagonal it was very sharp which is called free fall but this time the matter has reversed.Longby KardamRishi8
banknifty at triangle breakout my view on upper sidewe seen there is triangle formation in banknifty which can give the tgt aprox 50k to 53k as shown in graphby ashishjhamtani4
BTC LongOld Short-Trade Update and Long-Term Plan: The CME Gap is anticipated to be filled at 64,210. I have closed 80% of my short position at 65,551 and am now planning to initiate buying orders. Key levels to monitor include 64,210, 63,411, and 61,051. As for the stop-loss, it remains undetermined at this stage, and I will provide updates upon closing my positions. While this move is expected, there is a possibility of further downside, so it's crucial to trade cautiously and at your own risk. Riskier Short Trade: There's a chance it will descend from 68,400. I will be looking for one final short trade from that level. However, it's important to note that this trade carries higher risk, and only experienced traders should consider attempting it. Longby Rushilism1
shortthis is taking resistant in previous rejection area hence we can expect a fall from cmp till the previous level of supportShortby Magesh1510-11Updated 0
Bitcoin BTC futures gap trend lineBitcoin futures gap trend line, the target is to fill the gap below, the target is the trend line below, and fall back below the gap.by ZhongBenCong0011
XAUUSDOh my goodness, everyone! You won't believe how gold has been shining like a diamond lately! On Wednesday, for the seventh consecutive day, gold (XAU/USD) reached an all-time high of around $2,282. Isn't that incredible? With all the drama unfolding - from the heartbreaking conflict between Russia and Ukraine to the simmering tensions in the Middle East, not to mention the devastating earthquake in Taiwan - it's no surprise that gold has become a safe haven for anyone seeking refuge. Just like when the stock market feels like a roller coaster ride, gold becomes our calm in the storm. And guess what? The US dollar (USD) decided to take a little nap, which only added to the allure of gold. It seems like the speculators betting against the Fed's interest rate cuts are throwing all the drama aside, making gold even more enticing. With this fascinating backdrop, it's quite clear that the path of least resistance for gold is upwards. So, will the price decrease slightly? I say this is a fantastic buying opportunity for XAUUSD. Let's admire those golden moments together!Longby RKarinaUpdated 24
gld mcx update or spot also edu pur.gold mcx styaabv 68900 looks up side 69200-69300 sot gold abv 2266 looks 2289+++++++ buy on dipssss with support sl 2260Longby kailashcfa33Updated 1
mid cap nifty need a retracement in 5 min time frame mid cap nifty show some bearish momentum if midcap nifty able to sustain bellow 10800 with 15 point stop loss one can short the midcap nifty for the first target of 35 point and second target of 70 to 90 point which is possible today leave the comment if you like the idea Shortby mohit24876Updated 2
Silver - BO ConfirmedSilver - BO Confirmed. first target 30 dollar and thn 50 dollar. Remember: I am a Price Action Trader and use Price and Volume together with different Timeframes, including RSI, and market conditions. To get best result always wait for confirmation. Focus on Risk Management and Position sizing. I use Trading view for my Analysis and charts Repositories. I could have Or Couldn’t have positions in Sharing Ideas. Treat trading like a business and it will pay you like a business…..!! Hope this post is helpful to community Thanks RastogiG Longby RastogiG772
Gold upcoming move 2266 above bullishGood Morning Traders, Till the time Gold is moving in Alien (un known)zone. We cant predict gold retracement zone from where gold can return, So we are using a old method Fibonacci Reverse Levels. In which you can see in Chart we can expect gold levels from where we can see the reversal or retracements and the levels are 2288, 2293 and 2300. So we can see these levels soon, We are not recommended any sell for now. marekt is totaly bullish as per all time frames and Geo political situation. We can see sell from high levels as given.Longby FCSASHISHJAIN112
Silver bullish patternSilver has been in a long consolidation phase since FY 2022-23. VCP in progress break above would lead to at least 30% rise 🎇💥Longby diwakar.solanki2
Gold may temporarily enter a shock phaseIn terms of news, the Federal Reserve kept interest rates unchanged in March, but Federal Reserve Chairman Powell reiterated that it is expected to cut interest rates three times this year. This shows that the recent overheating inflation has not changed the Fed's plan. The market's expectations for the Federal Reserve to cut interest rates have increased. Gold has ended its adjustment and has risen again. , and continue to set new historical highs. The U.S. fourth-quarter PCE data was lower than market expectations, showing that core inflationary pressures have eased. The February PCE data recorded the smallest increase since March 2021, indicating that U.S. inflation is slowing, indicating that the Federal Reserve may start cutting interest rates in June. Gold bulls took profits on Monday, and the U.S. ISM manufacturing data for March was impressive, setting a new high since September 2022 and returning above the 50 boom-bust line. Gold fell sharply in the short term, but supported by expectations of interest rate cuts, gold prices have recovered all losses. . On the daily chart, since the Federal Reserve meeting in March reiterated that it may cut interest rates three times this year, gold has ended its adjustment trend, surpassed the short-term downward pressure line, and restarted its upward trend. The price of gold has continued to set new historical highs, and its performance is very strong. For pressure above gold, focus on the historical high of US$2,265. The current gold price is on the rise, and there is a breakthrough opportunity. Secondly, focus on the upper limit of the annual K-line Bollinger Band at US$2,275. It continues to strengthen and has the opportunity to test the integer position of US$2,300. For support below, focus on the daily Bollinger Band. The upper track is around $2,245, followed by the weekly Bollinger Band track of $2,228. The 5-day moving average and MACD indicator golden cross diverge, the Bollinger Bands channel is upward, and the KDJ and RSI indicator golden cross are upward, indicating that the short-term technical outlook is biased towards the long side. Gold intraday reference: Investors have high expectations for the Federal Reserve to cut interest rates in June, which continues to support the rise of gold. At present, gold continues to test upward, and is temporarily suppressed by the historical high near US$2,265. If it achieves a breakthrough, it will have the opportunity to test US$2,275. It will continue to strengthen. The upper space has the opportunity to test US$2,300. If it encounters resistance, it will start to fluctuate at a high level. The support below will focus on US$2,245. Followed by $2228. Longby winner-2004Updated 54
Crude oil bearish engulfingOn weekly chart Crude is forming bearish engulfing pattern and at Bhoomi Maya's red band i.e. where any sell entry is activated. Target green bands 5761 as T1Shortby NiftyAnalysisUpdated 5
BTC LongI was shorting BTC from 70k. You can check my previous posts. Now, we might see a change in trend. The CME Gap will be filled at 64210, where I plan to close 80% of the short position and initiate buying orders. The levels to watch include 64210, 63411, and 61051. As for the stop-loss, it's undetermined at this stage, and I'll provide updates upon closing my positions. While this move is expected, there's a possibility of further downside, so trade cautiously and at your own risk.Longby Rushilism2
natural gas breakout update edu. purnatural consolidate many timed with in range now eys on 155 if stya abv or close abv thna we see 185--190+++ soon where support sl 143 if any want to buy it looks break out on daily chart Longby kailashcfa332
zinc crucial upadte abv 220 edu pur.on daily chart zinc mcx gvn breakout abv 220 seems up side 225++++++ where support 218 one can take buy with support sl Longby kailashcfa33Updated 2
Gold price continues to adjust after increasing sequentially!Hello dear friends, today gold continues to hold its ground at a high level despite some slight adjustments, but overall the price increase shows no signs of cooling down. Currently, the price of gold is trading around $2250, down 150 pips from yesterday as precious metals undergo a correction after a strong surge. Looking ahead, gold continues to be supported by the safe-haven demand due to the early rate cuts by the Fed. The ongoing war is causing economic downturn in some countries, leading investors to flock to gold. However, in the short term, the price is forming a new peak at high levels and a downward trendline is emerging. Following the principle, gold is expected to retrace back to the EMA 89 after breaking the support level at $2235. Today, let's continue to look for selling opportunities. Wishing everyone happy trading and profitable outcomes! Trading plan for April 2nd: 👨💻 XAUUSD BUY zone 2231 - 2229 🔹SL 2225 🔹TP 2240 - 2250 - 2260 Wishing you all full TP 💵💵💵by RKarinaUpdated 14
What's interesting about gold today? Up or down? Welcome, everyone! Last week was nothing short of a gold fever, as the precious metal reached unprecedented heights. Fast forward to today, gold has once again soared, hitting $2265, marking a notable increase of $25 in the early hours of Monday's trading session. This surge in gold's value is primarily driven by declining treasury bond yields and a weakening USD, with anticipated Fed rate cuts serving as a potent catalyst for this splendid revival. Looking into today's trajectory and the week ahead, the outlook on gold remains positive. However, we might witness a slight consolidation following the recent explosive recovery as the metal seeks a healthy correction to bolster its upward journey, alongside a reevaluation of its EMA line. The support zone to watch ranges from $2225 to $2235, aligning with the Fibonacci retracement levels of 0.5 - 0.618. If you find this detailed insight intriguing, don't hesitate to hit like and share your thoughts in the comments section!Shortby RKarinaUpdated 30