Analysis
GOLD - Will FOMC and Tariff Talks Decide the Next Big Move?💥 GOLD WEEKLY OUTLOOK – Will FOMC and Tariff Talks Decide the Next Big Move?
As we head into a critical trading week, gold is at a crossroads, navigating through conflicting macro signals and important structural levels. Last week’s developments — ranging from strong US NFP data to China’s unexpected SGX:40B tariff waiver — have significantly reshaped sentiment in the precious metals market.
🌐 Macro Backdrop – Shift in Global Risk Tone
🔹 China’s Tariff Waiver on selected US goods hints at improving trade ties. This eases geopolitical risks and reduces the urgency for safe-haven assets like gold.
🔹 Stronger-than-expected NFP (Nonfarm Payrolls) further solidifies a hawkish bias for the Fed. A robust labor market may push the Fed to maintain higher rates for longer.
🔹 DXY & Bond Yields are holding firm. A stronger USD and rising yields typically weigh on gold — unless major risks re-emerge.
📌 FOMC Meeting This Week – Traders are now watching the Fed’s next move closely. Any dovish tone could fuel gold’s rebound. A surprise hawkish tone? Expect further selloffs.
🔍 Technical Landscape (H4 + Daily Focus)
Gold is currently forming a descending wedge pattern, with lower highs and solid support holding around the 3,224 – 3,204 zone.
Last week’s rejection at the 3,277 resistance aligns with macro-driven selling pressure. However, price continues to respect key Fibonacci levels and internal trendline dynamics, suggesting a potential for large breakout movement after FOMC.
🔺 Key Resistance Levels:
3,240
3,250
3,264
3,277
3,311
🔻 Key Support Levels:
3,224
3,210
3,204
🎯 Trade Plan – Week of May 6th, 2025
🔵 BUY ZONE A: 3,204 – 3,202
SL: 3,198
TP: 3,208 → 3,212 → 3,216 → 3,220 → 3,225 → 3,230
🔴 SELL ZONE: 3,276 – 3,278
SL: 3,282
TP: 3,272 → 3,268 → 3,264 → 3,260 → 3,250 → 3,240
⚠️ Key Risks to Monitor This Week:
🏛 FOMC Statement & Powell’s Press Conference
→ Any hint of rate cuts = Gold bullish
→ Any reaffirmation of higher for longer = More downside
💼 Trade Developments (US–China)
→ Further easing of tariffs = Negative for gold
→ Any new friction = Potential rebound
📉 DXY & Bond Yields
→ Keep an eye on Dollar strength. If DXY breaks above 106.5, gold may face deeper pressure.
🧠 Final Thoughts:
The gold market is no longer driven by one-sided risk-off flows. As macro tensions ease, gold is transitioning into a more range-bound, news-driven phase.
This week is all about reaction, not prediction.
Let the market come to your zone. Wait for confirmation before executing. The best trades come from discipline — not prediction.
📌 Follow this account for real-time updates during FOMC and Friday’s CPI preview.
EUR/USD at Key Inflection Point🔥 EUR/USD at Key Inflection Point – NFP Looms, Volatility Incoming?
The euro is pushing back after three days of losses, bouncing from the 1.1265 area with strength — but make no mistake, this is more than just a technical move. With Eurozone CPI holding and US Nonfarm Payrolls (NFP) right ahead, EUR/USD is poised at the edge of serious volatility.
🧭 Macro Overview – Diverging Paths?
Friday’s Eurozone inflation numbers surprised slightly to the upside:
Headline CPI YoY: 2.2% vs. 2.1% expected
Core CPI YoY: 2.7% vs. 2.5% expected
These numbers suggest ECB might not be in a rush to slash rates, despite growing dovish commentary from policymakers. Yet, the market still prices in a likely 25bps cut in July.
Meanwhile in the US, expectations are building for a soft NFP print – 130K vs. 228K prior. This, along with recent weak growth data, has fueled speculation of multiple rate cuts from the Fed in 2025. The USD has paused after a 3-day rally — and that makes today’s NFP extremely sensitive.
🔍 Technical Picture (H1 Outlook)
Price action shows EUR/USD reclaiming ground above 1.1300 after defending the key 1.1265–1.1279 support zone. A potential short-term reversal pattern is forming, but the move remains fragile until we see confirmation above 1.1350 and 1.1372.
Bearish structure remains valid unless bulls can take out 1.1419, the high from April 30.
🔺 Key Resistance Levels:
1.13520
1.13730
1.13900
1.14190
🔻 Key Support Levels:
1.13000
1.12790
1.12650
🎯 Trade Plan – Friday 3rd May
🔵 BUY ZONE: 1.12790
SL: 1.12250
TP: 1.13450 → 1.13850 → 1.14250
🔴 SELL ZONE: 1.13750
SL: 1.14300
TP: 1.13250 → 1.12850 → 1.12450 → 1.12400
⚠️ Strategy Notes:
Euro has room to bounce, but momentum will likely depend on the US jobs report.
A soft NFP could weaken the dollar further, triggering a break above 1.1372.
On the flip side, strong jobs numbers + hawkish White House language could reinforce bearish continuation below 1.1300.
📣 Final Thoughts:
EUR/USD is stuck in macro limbo. Both sides have valid narratives — sticky inflation in Europe, softening labour data in the US.
📊 Today’s close will likely define next week’s tone.
🧠 Be selective. Don’t chase. Let the data lead.
💬 What’s your take ahead of NFP? Breakout or fakeout?
Drop your chart ideas below 👇👇👇
NFP & White House Comments to Spark Heavy Volatility?🚨 Gold Pauses at Crossroads – NFP & White House Comments to Spark Heavy Volatility?
Gold is entering the US session with a quiet rebound after an intense selloff phase. Following its historic rally to $3,500/oz, the yellow metal has come under significant pressure — not from fundamentals alone, but from massive profit-taking across Asia, especially from retail investors in China.
Such sharp pullbacks are not abnormal after parabolic runs. Instead, this pullback seems like a healthy technical reset before the market processes two major catalysts later today:
1️⃣ The US Nonfarm Payrolls report (May edition)
2️⃣ Official White House comments on tariffs and trade direction
Together, they’re likely to dictate where Gold is heading next — either a retracement deeper into the demand zones, or a renewed upside attempt toward recent resistance.
📊 DXY & Macro Lens:
The US Dollar Index (DXY) has rebounded strongly from its base near 98.xx, now reclaiming levels near 100.00. Whether it continues higher depends largely on labor data and economic signals from the White House tonight.
For now, traders should remain neutral-biased but responsive — and treat every key level with surgical precision. Use the H1–H2 timeframe for intraday bias and structure-based execution.
🔺 Key Resistance Levels:
3260
3275
3285
3312
🔻 Key Support Levels:
3244
3230
3215
3200
🎯 Trade Plan for Today – May 3rd, 2025:
🔵 BUY ZONE A: 3232 – 3230
SL: 3226
TP: 3236 → 3240 → 3244 → 3248 → 3252 → 3256 → 3260
🔵 BUY ZONE B: 3214 – 3212
SL: 3208
TP: 3218 → 3222 → 3226 → 3230 → 3235 → 3240
🔴 SELL ZONE: 3276 – 3278
SL: 3282
TP: 3272 → 3268 → 3264 → 3260 → 3250
⚠️ Final Notes:
Volatility today could spike sharply during the US session. With nonfarm data + political headlines colliding at once, this is the kind of session where fortunes are made — or lost.
📌 Avoid emotional trades. Let price reach your zones, wait for confirmation, and stick to your TP/SL rules like a professional.
🚀 The real move hasn't happened yet — but it's coming.
Be ready. Be sharp. Trade with discipline.
Gold’s Calm Before the US Data Storm – Are You Ready?Consolidation Continues Amid Global Holidays – Is Gold Gearing Up for Another Leg?
🌐 Fundamental Insight:
After last week’s historic rally toward $3,500/oz, gold has entered a cooling phase as markets digest evolving geopolitical developments and economic signals. The recent de-escalation in US-China trade tensions, triggered by President Trump’s plan to ease tariffs on auto parts and imports, has reduced immediate risk sentiment.
China’s response — lifting retaliatory duties on select US goods — further eased tensions, leading to a safe-haven selloff in precious metals. However, with uncertainty still looming ahead of this week’s US labour data (ADP + NFP), investors remain cautious.
Adding to this, today’s Bank Holidays in parts of Asia and Europe are contributing to reduced trading volumes. A sideways market with erratic moves is likely until the US session opens, where higher volume and stronger direction may emerge.
🔍 Technical Picture (H1 – H4 Outlook):
Gold is currently forming a compression pattern between the 3278 resistance zone and the 3196 demand area. Price is holding above key structure support near 3192, indicating buyer interest remains intact.
The market may continue to oscillate in this tight intraday range before US traders step in. All eyes are now on upcoming ADP employment data — often a lead indicator for Friday’s NFP — which could provide the next directional push.
🔺 Key Resistance Zones:
3248
3260
3278
🔻 Key Support Zones:
3230
3225
3215
3196
🎯 Trade Strategy – April 30
🔵 BUY ZONE: 3198 – 3196
Stop-Loss: 3192
Take-Profits: 3202 → 3206 → 3210 → 3215 → 3220 → 3225 → 3230
🔴 SELL ZONE: 3276 – 3278
Stop-Loss: 3282
Take-Profits: 3272 → 3268 → 3264 → 3260
🧠 Note: Short-term traders may consider scalping within the range, while swing traders can wait for a break and retest of either key zone before committing with volume.
⚠️ Things to Watch Today:
Thin liquidity due to Labour Day holidays across Asia & Europe
ADP report release in the US session (potential volatility spike)
End-of-month candle close — watch out for liquidity grabs and false breakouts
US 10Y bond yields and DXY movements will continue to influence gold sentiment
📌 Final Thoughts:
Gold is in pause mode, but not for long. The market is clearly building energy ahead of high-impact US data. With the broader trend still bullish and structure holding above 3190s, we stay cautiously optimistic — but flexible.
Risk management will be critical today. Expect the unexpected during low-volume sessions and be prepared for sharp moves when the US opens.
📈 Stay disciplined. Respect your zones. And let the data lead the way.
Trading Plan – April 28, 2025: GOLD (XAU/USD) Strategy🌟 Daily Trading Plan – April 28, 2025: GOLD (XAU/USD) Strategy
📈 Technical Overview:
After the strong sell-off last week, gold is now consolidating around the key support zone 3260–3270.
Price action is tightening, forming a symmetrical triangle pattern on the M15 timeframe.
The MA 13 – 34 – 200 alignment suggests a short-term bearish trend, but selling momentum is weakening.
The chart indicates a potential retest towards resistance levels before deciding the next major move.
🎯 Key Price Zones to Watch:
Immediate Resistance: 3299 – 3313
Major Support: 3260 – 3268 – 3239
Potential Rebound Target: A retest towards 3299 – 3313 before a possible sell-off resumes.
📌 Trading Scenarios:
Primary Strategy: Look for short-term BUY setups near the 3260–3268 support zone, aiming for a corrective move towards resistance, then watch for SELL signals.
🎯 Detailed Plan:
🔵 BUY Zone: 3260 – 3258
Stop Loss: 3254
Take Profit: 3264 – 3268 – 3272 – 3276 – 3280 – 3290
🔴 SELL Zone: 3299 – 3301
Stop Loss: 3306
Take Profit: 3294 – 3290 – 3286 – 3282 – 3275
📢 Important Notes:
Today's price range could move between 60–80 pips, with no major economic events scheduled.
However, the market remains highly sensitive to geopolitical news, especially concerning India–Pakistan tensions and U.S.–China relations.
Always stick to your TP/SL plans and avoid FOMO during rapid price movements.
✅ Summary:
This is a high-sensitivity period for gold. Prioritize trading high-probability setups: BUY at support – SELL at resistance, and only scale in positions after clear confirmation!
Astral - Looks good to buy at bottomAstral Poly Technik Ltd was established in 1996, with the aim to manufacture pro-India plumbing and drainage systems in the country. It has also forayed into adhesive business over years.
Market Cap: ₹ 36,884 Cr.
Promoter holding: 54.1 %
FII holding: 20.2 %
DII holding:14.6 %
Public holding: 11.0 %
Fundamentals are good. Near breakout level and good to hold for the next 6 months.
Support and Resistance Part 2Support occurs at the point where a downtrend is expected to pause due to a concentration of demand. Resistance occurs at the point where an uptrend is expected to pause due to a concentration of supply. Support and resistance areas can be identified on charts using trendlines and moving averages.
Management and PsychologyManagement psychology explores how psychological principles and theories can be applied to understand and improve organizational performance. It focuses on human behavior, motivation, and decision-making within a workplace context, helping managers develop more effective strategies for leading teams and achieving business goals.
Option TradingIf you're looking for a simple options trading definition, it goes something like this: Options trading gives you the right or obligation to buy or sell a specific security on or by a specific date at a specific price. An option is a contract that's linked to an underlying asset, such as a stock or another security.
SBFC Finance ltdSBFC Finance ltd
📈 Technical Indicators
Relative Strength Index (RSI): Approximately 55.32, indicating a neutral momentum.
Moving Averages: The stock is trading below its 30-day and 200-day Exponential Moving Averages (EMA), suggesting a bearish trend.
Moving Average Convergence Divergence (MACD): The MACD is at 0.55, indicating a positive momentum.
Average True Range (ATR): 3.15, suggesting moderate volatility.
The Financial Express
🔍 Observations
The stock is currently trading below its key moving averages, which may indicate a bearish trend. However, the positive MACD and neutral RSI suggest potential for upward movement if the stock breaks above resistance levels. Traders should monitor the stock's price action around the pivot point of ₹89.48 and the resistance levels at ₹92.32, ₹94.01, and ₹96.85.
Please note that technical analysis is subject to market conditions and should be used in conjunction with other forms of analysis.
Gold Retreats as Trump’s Trade Talk Flip Sparks CautionGold Retreats as Trump’s Trade Talk Flip Sparks Caution – Friday Volatility Expected 💥📉
🟡 Market Recap & Sentiment
Gold prices jumped over 1% this week, reaching around $3,500/oz, as investors sought safe-haven assets amid a weakening USD and global uncertainty. However, analysts believe this Price surge is driven by greed and needs a healthy correction.
“Gold might consolidate in the near term, but we’re still in a bull market. Dips will be bought,” said analyst Wong.
Meanwhile, the US Dollar and equities are losing their appeal as investors digest contradictory signals from President Trump. He confirmed that US-China trade negotiations are ongoing, while China denied any talks – sending shockwaves across markets and triggering a sharp pullback in gold during the Asian session.
This political flip-flop is adding confusion, and traders are advised to stay cautious before jumping into any positions.
📉 Fundamental Triggers Today
Core Retail Sales (US) – releasing later today during the US session.
It’s also Friday – which means potential for weekly candle closure volatility and liquidity grabs.
Coupled with the ongoing tariff headlines and geopolitical drama, today could be extremely unpredictable.
📍 Key Levels to Watch
Resistance: 3366 – 3384 – 3406 – 3428 – 3445
Support: 3308 – 3288 – 3270
🔹 Trade Setup Suggestion
🔸 BUY ZONE: 3288 – 3286
SL: 3282
TP: 3292 – 3296 – 3300 – 3304 – 3310
🔸 BUY ZONE: 3270 – 3268
SL: 3264
TP: 3274 – 3278 – 3282 – 3286 – 3290
🔻 SELL ZONE: 3384 – 3386
SL: 3390
TP: 3380 – 3376 – 3372 – 3368 – 3364 – 3360 – ???
🔻 SELL ZONE: 3406 – 3408
SL: 3412
TP: 3400 – 3396 – 3392 – 3388 – 3384 – 3380 – 3370 – 3360
⚠️ Risk Management Reminder
Be cautious today – it’s a Friday with major data and geopolitical uncertainty.
✅ Always respect TP/SL levels.
✅ Let the market show confirmation before entering positions.
Sit tight and let the market come to your zone – don’t rush in with FOMO during uncertain sentiment.
How we trade in option chain ?To trade using an option chain, you first need to understand its structure and the information it provides. Option chains are organized by strike prices, expiration dates, and whether they are call or put options. You then decide whether to buy (long) or sell (short) a particular option contract, specifying the strike price, expiration date, and quantity. Finally, you submit your order through your brokerage platform.
Explanation of RSIThe Relative Strength Index (RSI) is a momentum indicator in technical analysis that measures the magnitude of recent price changes to assess whether an asset is overbought or oversold. It oscillates between 0 and 100, with values above 70 often suggesting overbought conditions and values below 30 indicating oversold conditions.
Technical TradingIn trading, "technical" refers to the practice of analyzing historical price and volume data to identify patterns and predict future price movements. This approach, called technical analysis, is a way to evaluate securities and forecast their behavior based on charts and statistical data.
Tech Mahindra Q4 Earnings Highlights: #TECHM
Tech Mahindra Q4 Earnings Highlights: #TECHM
• Net Profit: ₹1,166.7 Cr-
Up 18.7% QoQ (vs *983.2 Cr) •
Revenue: *13,384 Cr - Up 0.7% QoQ (vs *13,285.6 Cr)
⚫ EBITDA: *1,378 Cr-Grows 2.1% QoQ (vs *1,350.2 Cr)
⚫ EBITDA Margin: 10.3%, Slightly Up from 10.2% QoQ
Technical Analysis Summary:
The stock made a recent high of ₹1,810.
*1,210.
It was in a downtrend but has reversed from a strong support level at
Currently trading at ₹1,445, the stock has formed a Doji candle, indicating a balance between buying and selling pressure.
A break below *1,430-₹1,425 may signal increased selling pressure and potential downward movement.
Conversely, a break above ₹1,465-₹1,470 may trigger buying momentum
and a potential upward move.
NIFTY - 50 // 4 Hour Support and ResistanceAs of April 24, 2025, the Nifty 50 index is exhibiting a neutral to slightly bullish trend. Here's a summary of the key support and resistance levels based on recent technical analyses:
Newscast India
🔽 Key Support Levels
23,800: Identified as a crucial support level by multiple analysts. A breach below this could lead to further declines.
23,400–23,450: Considered a significant support zone, with the 11 and 20-day exponential moving averages providing additional support.
23,327: Marked as a strong support level, with the index recently reclaiming the 200-day moving average at 23,590.
🔼 Key Resistance Levels
24,500–24,700: This range is viewed as a significant resistance zone, with analysts noting that a breakout above this could lead to further gains.
24,000–24,125: Identified as immediate resistance levels, with 24,100 being a key hurdle for the index.
24,600–24,700: Considered a resistance zone, with the 24,600–24,700 range acting as a significant resistance level.
Nifty-50 // 15 min support and Resistance .NIFTY_50 Indicators & signals
Indicator MACD (12,26,9)
23420.22, 23191.53, 96.12
Indicator MACD is in positive zone
Indicator ADX (14)
31.57, 44.62, 23.21
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying
Indicator RSI (14)
Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.
Gold Surge: 80 Price Bounce from Key Support Gold Surge: 80 Price Bounce from Key Support – What’s Next for the Market? 💰📈
Market Overview:
Gold has surged by 80 pips today, bouncing from the support level at the end of the U.S. session yesterday after liquidity was swept at the 3260 zone. Investors are now looking to buy the dip after the 250+ pip drop in gold over the past few days. Currently, after the strong 80 pip rally, gold is consolidating at the 0.382 Fibonacci retracement zone, with selling pressure mounting.
Key Price Levels to Watch:
Resistance: 3343, 3358, 3376, 3410, 3446
Support: 3210, 3286, 3275, 3230
Market Sentiment:
There’s a strong sell reaction at current levels, which suggests that the price could continue to push lower in both the Asian and European sessions to fill liquidity in the Fair Value Gap (FVG). After the 80 pip rally and 40 pip reaction, the market seems to be consolidating between 3328 and 3320. We expect a price movement range of 80-100 pips today, so caution is advised, especially around key levels at 3376-3378, where a potential sell can be placed.
Next Potential Movements:
If gold fails to break through the 3376-3378 resistance zone, we could see a continuation of the downward move. If the 3376-3378 zone holds strong, this could be a good opportunity to sell.
Should the price break through this zone, we’ll observe the next key resistance around 3410. A break above 3410 could signal a reversal to the upside, turning the trend into a BUY instead of SELL.
Today's Strategy:
For today, the focus will be more on SELL opportunities as gold pushes back to fill the FVG liquidity around 3288. Once we see how the price reacts at these levels, we can start planning for BUY entries.
Watch out for Unemployment Claims data from the U.S. later in the session, as this could trigger volatility. Be cautious when trading around news events, especially in a sensitive market.
Trade Setup:
BUY ZONE: 3230 - 3228
SL: 3224
TP: 3234 - 3238 - 3242 - 3246 - 3250 - 3254 - 3260
SELL ZONE: 3376 - 3378
SL: 3382
TP: 3372 - 3368 - 3364 - 3360 - 3355 - 3350
SELL ZONE: 3408 - 3410
SL: 3414
TP: 3402 - 3398 - 3394 - 3390 - 3386 - 3382 - 3375 - 3370
Risk Management:
It’s important to manage your risk appropriately given the current market conditions. Ensure you’re following your TP/SL levels strictly to protect your capital from market volatility.