Bullish Nifty So if you you look so there is again trend might be change now if you you get any chance take take trade on these level so take acc to your ROI Longby shashikantyts0
Gold price today: Forecasted to continue to increase sharply?Hello dear friends, let's learn about gold prices in the new week! Currently, gold is continuing to adjust after a strong price increase over the last two days of last week. This metal is trading around 2,358 USD in the first trading hours of the second day and down 0.11% on the day. Accordingly, the correction is taking place according to the basic wave structure, so there is nothing too worrying about the metal's ability to continue to recover. In terms of outlook: Gold targets the 2045 USD range to test the EMA line as well as complete the correction wave around the 0.5-0.618 Fibonacci level followed by a price increase again according to Dow theory. Regarding forecasts: Of the 17 analysts who participated in the survey, 10 experts, or 59%, expect to see gold prices move higher next week; while only 2 analysts, accounting for 12%, predict prices will decrease. The remaining five experts, or 29% of the total, see gold trending sideways.Longby RKarinaUpdated 54
🔥GOLD TREND ANALYSIS FOR NEXT MONDAY💲 The trend of gold this week showed an upward trend in the second half of the period, with the weekly closing as a big positive line with some small upper and lower shadow lines. On Friday, we publicly pointed out that short orders were carried out on the 2375-2378 line. As a result, the big negative line once touched 2355, showing a downward trend. Gold did not rush higher again in the second half of the night, but reversed downwards, forming a "big positive resistance line" pattern on the weekly chart. This may be a signal of a plunge, suggesting that 2378 is likely to be a stage high. Although there may still be repeated bullish trends after the big positive line, next week's surge will be an excellent short-selling opportunity, because the rebound of the K-line is only for shorting. The four-hour stochastic indicator temporarily shows a dead cross, but due to insufficient time on Friday and the market was suspended over the weekend, whether the evolution of the four-hour chart will turn sideways will not be determined until next week. The rising point is supported at 2330, which is the key support level for the long-short top-bottom transition. The golden four-hour line deviates far from the moving average. I have always believed that the K-line will return to the moving average. This is an established fact. Overnight, the price of gold showed a bearish top pattern, that is, a large negative line entity surrounded by a positive line entity, forming an obvious downward pattern, which can also be regarded as a top signal. The hourly trend gradually formed a small top shape, and the K line continued to bear pressure on the short-period moving average, indicating that there is still room for adjustment in the short-term trend. Therefore, next week we will continue to focus on short opportunities near 2372-2378, the target can be set at the 2353 midline support position. On the whole, it is recommended that the short-term operation of gold next Monday is mainly to go short on the rebound, supplemented by the long position on the callback. The resistance range of short-term concern at the top is 2372-2378, and the support range of short-term concern at the bottom is 2330-2332.by JackBlackwell_AnalystUpdated 53
XauUsd 15M15M esistance area... So Buy SL maintSupport resistance bass trading plan. Happy Trading. Thank you.Longby Tamiltry0
GOLD | STRONG PULLBACK WE CAN EXPECT HERE #GOLD Setup: We will take a BUY position @ 2355 and collect profit at 2360, 2365 & 2370 Many confluence confirmed: Uptrend. Risk:- 0.50-1% Tips: Keep trailing your SL after 80+ Pips to lock your profit. Thanks to all those who have followed me and liked my post. Special thanks to all those who DM me and commented on my analysis wanting to know more about the trade.Longby ProfitClubFX1
#Crudeoil update | MCX - May 10 Strong resistance level observed, lacking buying momentum for breakthrough. Expect price movement in either direction, prepare entry orders accordingly. Crude faces resistance at 6677, with a projected downside of 70 points. Shortby Shalvisharma5Updated 5
Nifty Institutional levels | Intraday 13-May-2024 | 9:15 ISTSoon i will give update on how to use this IT levels in Options Trading. Disclaimer:- The information provided by our advisory service is for educational and informational purposes only. We do not provide investment, financial, or legal advice. Trading and investing involve risks, and past performance is not indicative of future results. Any decision to engage in trading or investment activities is at the sole discretion and risk of the individual. We strongly recommend consulting with a qualified financial advisor or professional before making any investment decisions. We do not guarantee the accuracy, completeness, or reliability of any information provided, and we disclaim any liability for any loss or damage arising from reliance on the information provided. Users are solely responsible for their own investment decisions and actions and off course we are not SEBI registered.by ReviveTradersUpdated 5
XAUUSD GOLD short opertunity.....In bigger time frame we can see it make bigger red candels showing bear pressuree..... Short with good RTR RATIO. FOLLOW FOR MORE...Shortby Traders-community0
XAUUSD GOLD short opertunity.....In bigger time frame we can see it make bigger red candels showing bear pressuree..... Short with good RTR RATIO. FOLLOW FOR MORE...Shortby Traders-community0
US OIL : BUY OPERTUNITY As i can see us oil is at support level , we can expect good risk to reward ratio in this trade . Follow for more.....Longby Traders-community225
Natural Gas MCX Future Weekly Chart Analysis 13-17 May, 2024📊 NG MCX Future Technical Chart Analysis - 13-17 May, 2024 🎯 Weekly Trigger Point: 189.40 🎯 Weekly Range: 17.00 📉 Buy Above: 188.91 📉 Average At: 186.90 🎯 Buy Target 1: 199.91 🎯 Buy Target 2: 206.40 🛑 Buyer Stoploss: 183.24 📉 Sale Below: 184.89 🎯 Sale Target 1: 178.89 🎯 Sale Target 2: 172.40 🛑 Seller Stoploss: 190.56 Don't forget to reciprocate your love by boosting, following and responding, your actions fuel my efforts to do even better for you! #NG #NaturalGas #GasPrices #NatGas #EnergyTrading #MCX #CommoditiesFutures #CommoditiesOptionsby NumroTrader6
Crude Oil MCX Future Weekly Technical Chart Analysis 13-17 May 📊 Crude Oil MCX Future Technical Chart Analysis 13-17 May, 2024 🎯 Weekly Trigger Point: 6651 🎯 Weekly Range: 255 📉 Buy Above: 6592 📉 Average At: 6562 🎯 Buy Target 1: 6809 🎯 Buy Target 2: 6906 🛑 Buyer Stoploss: 6507 📉 Sale Below: 6531 🎯 Sale Target 1: 6493 🎯 Sale Target 2: 6396 🛑 Seller Stoploss: 6616 Don't forget to reciprocate your love by boosting, following and responding, your actions fuel my efforts to do even better for you! #Crude #CrudeOil #CrudeOption #CrudeFuture #MCX #MCXLevels #OilFutureby NumroTrader8
Hindustan CopperIts in an uptrend. Chart is a buy on dip kind of chart. Disclaimer. This chart has been published for education purpose only and not any recommendationby vikramsih0
Laurus Labs breakoutGood breakout given in the Laurus Labs. Targets are following. Can add for long term accumulation. As after 2 years it's in the buying zone now. It may go beyond all the targets too in some years.Longby ashishhcUpdated 4
XAUUSD SELL-BUY-SELL PROJECTIONReason For Sell and Buy 1. Bearish Spinning Top In Day Candle and obeyed Resistance 2.Obey Strong Support @ 2350 Overall possible outcomes XAUUSD BUY @ 2350 SL 233O TP 2380 Longby kripsonfx970
GOLD next week Well heres my GOLD idea for next week , We surely see less retrace coming into next week The way this week candle closed , I expect next week to be less of a retracements , however we can see some bearish move Monday and Tuesday / wednesday .....Longby abiseksubedi80
Gold Buy Stop 2313.43Good Morning Everyone, Here is sharing today's setup for GOLD, and it's purely based on the technical trade.Longby lakshmikanthakulaUpdated 221
XAUUSD 29 April - 3 May 2024Let's recap the gold prices from last week and strategize for the upcoming week. Overall, there was no surprising volatility in gold last week, as it adjusted from 2400 to 2338. This decrease followed the expected cyclical pattern in gold's movement, so there is no immediate reason to worry about this metal. In the past couple of days, gold has once again recovered as buyers successfully defended the support level around 2300. Although this did not lead to any breakthroughs like we saw in previous price increases, it still demonstrates the strong strength of the upward trend. Data released on Friday showed that the US personal consumption expenditures (PCE) price index rose 0.3% last month, an increase in line with forecasts. Experts say that this increase is unlikely to change expectations that the US Federal Reserve (FED) will continue to maintain tightening policy until September. While data continues to suggest inflation remains “persistent,” gold's reaction suggests the market has priced in this. Looking ahead: The Fed is facing a challenging environment as inflation remains “persistent” and economic activity begins to weaken. Inflation data is released 1 day after first quarter GDP data. This year, the US economy has seen its slowest growth rate in nearly 2 years. Regarding impact news: when faced with a stagflation environment, the US Central Bank will likely ignore rising inflation and focus on supporting the economy. Currently, gold prices are being supported by the net buying trend of gold by central banks and the large physical gold demand of Chinese and Indian consumers, thereby supporting gold. It is expected that next week gold will reach 2400. Next week's standout economic news that could affect gold prices is the Fed's monetary policy decision on Wednesday; US Non-Farm Employment Change report on Friday. Gold prices may rebound if US inflation weakens. Long-term outlook: Gold continues its upward trajectory, with a favorable target of 2500. Short-term outlook: The precious metal has established a new support level, showing signs of convergence with the support line. Therefore, we can anticipate the possibility of price increases in the new trading week when the market reopens. If Gold breaks the 2290 zone we will be looking for sells and look for the levels underneath this zone. 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! Longby TheDutchGoldTradeHubUpdated 1114
Gold price returns to the race to increase?Global gold prices have continued their upward trend, with gold prices reaching $2,360/ounce. This is the strongest increase in 5 weeks, as more and more investors expect that the US Federal Reserve (Fed) will soon adjust monetary policy towards loosening. This optimism is further reinforced by recent economic data, which shows a slowdown in the US economy, increasing expectations that the Fed will have to loosen monetary policy in the near future. Specifically, after the US monthly employment report did not meet expectations, the latest report on weekly unemployment benefit applications increased higher than expected, which pushed gold prices up more than 1%. , reaching its highest level of the month.by RKarinaUpdated 43
GOLD XAUUSD : OPERTUNITY seenAs you can see , we could get opertunity in Gold for sell side ,if the price break below the level of price i marked ,and we could enter the trade . Risk to Reward :- 1 : 3Shortby Traders-community110
Indecision as Contrasting Events Add to Confusion..2345 Is Going to be the Zone. If Respected Then 2230 Zone or 2265 Zone could be tested in Coming Weeks.. If Broken Then 2395 Zone could be tested in Coming Weeks.. 3 Possible Scenarios Planned Out.. A - Green B - Yellow C - Red In terms of Probability B>C>A This Looks More Likely. Share Your Thoughts in Comments section. by DrAnandMUpdated 121225
🔥GOLD IS IN FOR A STORM NEXT WEEK💲 The trend of gold this week showed an upward trend in the second half of the period, with the weekly closing as a big positive line with some small upper and lower shadow lines. On Friday, we publicly pointed out that short orders were carried out on the 2375-2378 line. As a result, the big negative line once touched 2355, showing a downward trend. Yesterday, gold did not rush higher again in the second half of the night, but reversed downwards, forming a "big positive resistance line" pattern on the weekly chart. This may be a signal of a plunge, suggesting that 2378 is likely to be a stage high. . Although there may still be repeated bullish moves after the big positive line, it will be an excellent short-selling opportunity to test the high again next week. I will choose to play a heavy position, with the lower target pointed at around 2280. Therefore, next week we will continue to focus on high positions, because the rebound of the K line is just for short selling. The four-hour stochastic indicator temporarily shows a dead cross, but due to insufficient time on Friday and the market was suspended over the weekend, whether the evolution of the four-hour chart will turn sideways will not be determined until next week. The rising point is supported at 2330, which is the key support level for the long-short top-bottom transition. The golden four-hour line deviates far from the moving average. I have always believed that the K-line will return to the moving average. This is an established fact. Overnight, the price of gold showed a bearish top pattern, that is, a large negative line entity surrounded by a positive line entity, forming an obvious downward pattern, which can also be regarded as a top signal. The hourly trend gradually formed a small top shape, and the K line continued to bear pressure on the short-period moving average, indicating that there is still room for adjustment in the short-term trend. Therefore, next week we will continue to focus on short opportunities near 2370. On the whole, it is recommended that the short-term operation of gold next Monday is mainly to go short on the rebound, supplemented by the long position on the callback. The resistance range of short-term concern at the top is 2370-2372, and the support range of short-term concern at the bottom is 2330-2332.by JackBlackwell_Analyst2
Xau still bullish in my point of view xau still on its way to rise up to 2411..as fibonacci level 423 H4 my pivot zone is 2348 , if price gow lower than this zone . possible gold countinuew to fall to 2266 daily target by yyusrizal1