XAU/USD: Potential Downside for FX:XAUUSD by ElloFxHey Traders, we are monitoring XAUUSD for a BUY opportunity around 1824.20 zone,
once we receive any Buy confirmation the trade will be executed and shared.
Disclaimer Alert: these are just charts to watch, keep in consideration the news, the best entry,
the risk management and price action confirmation.
15min
BULLISH GOLD ANALYSISFOR A LONG WE SEE BULLISH GOLD WHERE INFLATION IS BEING CONTROLLED BY THE FED, WE'VE USED MULTIPLE IDEAS FORECASTING GOLD FOR THE LONGER RUN, CONSIDERING THE STRUCTURE ANALYSIS AND THE IMPULSE WE DETECTED ALONG WITH ITS RETRECEMENT AROUND 61.8% LEVEL.
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GOLD LONG IDEAGOLD ANALYSIS:
GOLD has been one of the most considered safe havens against the fall of the USD.
Most investors turned to consider GOLD as a safe haven due to the following factors:
The CORE PCE fall as expected on Friday where which indicates that FED will not put more effort into tightening since the stubborn inflation is coming close to the target.
FED may pause rate hikes this year (2023) because inflation is on hand and coming closer to the target which is 2%.
Technically and for the longer term GOLD is bearish however the current bullish waves gave room for us to closely look at important zones where we have 1893.
The price has bounced from the area level now 1893 and 1911.722 because traders found the area as 61.8 Retracement of the current high around 1922.689, hence there may be a correction from this level back to 1904.293 which will definitely be our entry zone.
Technically GOLD turns bullish for the short term where an inverted H&S formed and its neckline was broken above, our entry for the broken neckline of inverted H&S will exactly be the same level of 61.8 Retracement level of the current high which is 1904.770.
GOLD BUY IDEAGOLD ANALYSIS:
GOLD has been one of the most considered safe haven against the fall of USD.
Most investors turned to consider GOLD as a safe haven due to following factors:
The CORE PCE fall as expected on Friday where this indicates that FED will not out more efforts for tightening since the stubborn inflation is coming close to target.
FED may pause rate hikes this year (2023) because inflation is on hand and coming closely to target which is 2%.
Technically and for longer term GOLD is bearish however the current bullish waves gave room for us to closely look at important zones where we have 1893.
The price has bounced from the area level now 1893 and 1911.722 because traders found the area as 61.8 Retracement of current high around 1922.689, hence there may be correction from this level back to 1904.293 which will definitely be our entry zone.
Technically GOLD turns bullish for the short term where an inverted H&S formed and its neckline was broken above, our entry for the broken neckline of inverted H&S will exactly be the same level of 61.8 Retracement level of the current high which is 1904.770.
BankNifty Future Analysis for Tomorrow 26th June 2023BankNifty Future Analysis for Tomorrow 26th June 2023
As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels Tomorrow, kindly check the charts on 15 min time frame and act accordingly.
#IntradayLevels
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
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#BankNifty #DayTrading #IntradayLevels #TradeWithDiscipline #Search_MarkitVUE_in_Telegram_For_Daily_Trades
#15min #timeframe #TradeOnCharts #SureTrade #SystematicTrade
BankNifty Future Analysis for Today 2nd June 2023BankNifty Future Analysis for Today 2nd June 2023
As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels today, kindly check the charts on 15 min time frame and act accordingly.
#IntradayLevels
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
#BankNifty #DayTrading #IntradayLevels #TradeWithDiscipline #Search_MarkitVUE_in_Telegram_For_Daily_Trades
#15min #timeframe #TradeOnCharts #SureTrade #SystematicTrade
BankNifty Future Analysis for Today 24th May 2023BankNifty Future Analysis for Today 24th May 2023
As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels today, kindly check the charts on 15 min time frame and act accordingly.
#IntradayLevels
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
#BankNifty #DayTrading #IntradayLevels #TradeWithDiscipline #Search_MarkitVUE_in_Telegram_For_Daily_Trades
#15min #timeframe #TradeOnCharts #SureTrade #SystematicTrade
BankNifty Future Analysis for Today 8th May 2023#BankNifty Future Analysis for #Today 8th May 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 42712
#IntradayLevels
#Bulls can be active above: 42800 For the Levels Above
R1 - 42906
R2 - 43013
R3 - 43133
#Bears can be active below: 42647 For the Levels Below
S1 - 42557
S2 - 42446
S3 - 42334
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
#BankNifty #DayTrading #IntradayLevels #TradeWithDiscipline #Search_MarkitVUE_in_Telegram_For_Daily_Trades
#15min #timeframe #TradeOnCharts #SureTrade #SystematicTrade
BANKNIFTY FUTURE INTRADAY LEVELS FOR TODAY 4TH MAY 2023#BankNifty Future Analysis for #Today 4th May 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 43312
#IntradayLevels
#Bulls can be active above: 43368 For the Levels Above
R1 - 43472
R2 - 43578
R3 - 43713
#Bears can be active below: 43248 For the Levels Below
S1 - 43164
S2 - 43059
S3 - 42910
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
#BankNifty #DayTrading #IntradayLevels #TradeWithDiscipline #Search_MarkitVUE_in_Telegram_For_Daily_Trades
#15min #timeframe #TradeOnCharts #SureTrade #SystematicTrade
BANKNIFTY INTRADAY LEVELS FOR TOMORROW 3RD MAY 2023#BankNifty Future Analysis for #TOMORROW 3rd May 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 43367
#IntradayLevels
#Bulls can be active above: 43427 For the Levels Above
R1 - 43516
R2 - 43614
R3 - 43713
#Bears can be active below: 43301 For the Levels Below
S1 - 43196
S2 - 43082
S3 - 42978
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
#BankNifty #DayTrading #IntradayLevels #TradeWithDiscipline #Search_MarkitVUE_in_Telegram_For_Daily_Trades
#15min #timeframe #TradeOnCharts #SureTrade #SystematicTrade
BankNifty Future Analysis for Today 2nd May 2023#BankNifty Future Analysis for #Today 2nd May 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 43217
#IntradayLevels
#Bulls can be active above: 43300 For the Levels Above
R1 - 43354
R2 - 43472
R3 - 43598
#Bears can be active below: 43137 For the Levels Below
S1 - 43052
S2 - 42923
S3 - 42783
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
#BankNifty #DayTrading #IntradayLevels #TradeWithDiscipline #Search_MarkitVUE_in_Telegram_For_Daily_Trades
#15min #timeframe #TradeOnCharts #SureTrade #SystematicTrade
BANKNIFTY INTRADAY LEVELS FOR TODAY 28TH APRIL 2023#BankNifty Future Analysis for #Today 28th APRIL 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Disclaimer : All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
#BankNifty #DayTrading #IntradayLevels #TradeWithDiscipline #Search_MarkitVUE_in_Telegram_For_Daily_Trades
#15min #timeframe #TradeOnCharts #SureTrade #SystematicTrade
BankNifty Future Analysis for Today 27th APRIL 2023#BankNifty Future Analysis for #Today 27th APRIL 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 42823
#IntradayLevels
#Bulls can be active above: 42905 For the Levels Above
R1 - 42998
R2 - 43145
R3 - 43264
#Bears can be active below: 42747 For the Levels Below
S1 - 42628
S2 - 42516
S3 - 42373
Disclaimer : All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
#BankNifty #DayTrading #IntradayLevels #TradeWithDiscipline #Search_MarkitVUE_in_Telegram_For_Daily_Trades
#15min #timeframe #TradeOnCharts #SureTrade #SystematicTrade
BankNifty Future Analysis for Today 26th APRIL 2023#BankNifty Future Analysis for #Today 26th APRIL 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 42696
#IntradayLevels
#Bulls can be active above: 42755 For the Levels Above
R1 - 42878
R2 - 42991
R3 - 43135
R4 - 43263
#Bears can be active below: 42569 For the Levels Below
S1 - 42518
S2 - 42364
S3 - 42221
S4 - 42070
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
#BankNifty #DayTrading #IntradayLevels #TradeWithDiscipline #MarkitVUE_in_Telegram
#15min #timeframe #TradeOnCharts #SureTrade #SystematicTrade
BankNifty Future Analysis for Today 25th APRIL 2023#BankNifty Future Analysis for #Today 25th APRIL 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 42652
#IntradayLevels
#Bulls can be active above: 42732 For the Levels Above
R1 - 42812
R2 - 42922
R3 - 43073
R4 - 43278
#Bears can be active below: 42569 For the Levels Below
S1 - 42477
S2 - 42331
S3 - 42208
S4 - 42020
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
#BankNifty #DayTrading #IntradayLevels #TradeWithDiscipline #MarkitVUE_in_Telegram
#15min #timeframe #TradeOnCharts #SureTrade #SystematicTrade
BANKNIFTY ANALYSIS FOR TOMORROW 14th MARCH 2023BankNifty Analysis for Tomorrow 14th March 2023
As per our analysis for Bank Nifty, we are expecting these below levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close : 39564.70
Buyers can be active above : 39564.70
Level = TGT 1 : 39784 | TGT 2 : 39936.40 | TGT 3: 40061.80
Sellers can be active below : 39478
Level = TGT 1 : 39378 | TGT 2 : 39289.05 | TGT 3 : 39203.75
Disclaimer : All the provided levels are for educational purpose only, please do your own analysis before doing any trade in the live market or consult your financial advisor before act.
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If, you have any questions or queries, please post in comments. (click on boost button below so that these levels will reach to maximum number of users on TradingView)
BANKNIFTY ANALYSIS FOR TOMORROW 13 MARCH 2023BankNifty Analysis for Tomorrow 13th March 2023
As per our analysis for Bank Nifty, we are expecting these lower levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close : 40488.75
Buyers can be active above : 40563.55
Level = TGT 1 : 40650.20 | TGT 2 : 40722.20 | TGT 3: 40831.70
Sellers can be active below: 40425.35
Level = TGT 1 : 40278.15 | TGT 2 : 40172.35 | TGT 3 : 40053.70
Disclaimer : All the provided levels are for educational purpose only, please do your own analysis before doing any trade in the live market or consult your financial advisor before act.
Follow Us For More Updates in Future
Shiba Inu-Double bottom retestingShiba Inu coin formed a double bottom pattern in 15m time frame.It is retesting now from the neckline(S1) and can give a upper breakout to R1.If the neckline breaks out with high volume candles,a long trade can be initiated.Support and resistances are marked on the chart.keep on eye on this trade.
Happy trading.
My Elliotical Approach to XAUUSD Short.
Hello traders!
1. I see a clear 5 wave impulsive structure and then a correction to 88.6% Fib . This is important as most 2nd waves tend to move till 78.6% to 88.6% Fib.
2. We also have a confirmation of a double top candle pattern in 30min tf.
3. The expected target can reach 161% of wave 1 and 2 after using trend based Fib extension. This is because most 3rd waves tend to go till 161% of wave 1.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.