XAU/USD Market Outlook | 9/6/26XAU/USD Market Outlook
Gold is currently trading in a range-bound market, with long wick formations indicating uncertainty and a lack of confirmed trend direction.
The 4,340 level remains a key resistance zone. A sustained move above this level could trigger bullish momentum, while failure to hold may result in a false breakout and renewed selling pressure.
At present, XAU/USD appears to be in an accumulation phase, suggesting traders should wait for a confirmed breakout before taking directional positions.
Bias: Neutral to Slightly Bullish above 4,340.
Butterlfly
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in BUTTERFLY
BUY TODAY SELL TOMORROW for 5%
Titan chart studyTitan spot cmp 2665
Daily time frame
Harmonic + price action study
counter is heading towards supply zone as per previous swing high levels.
Counter have bearish butterfly pattern maturing in supply zone
Counter might face some selling pressure around this supply zone.
RSI have bearish divergence with respect to price.
Reversal in trend can be seen, bearish reversal confirmation is pending.
Time for bulls to be cautious till supply zone is not cleared on closing basis.
Balramchini (Balrampur chini)completed 5-0 and butterfly harmonic pattern
Buy this above 365 add more 356 closing stoploss below 345 target will 381-407-417++
BOLO JAI GAJANAND
BLong
Butterfly Retest Buy(Positional).....Good Structure observed in Butterfly
volumes picking up in uptrend and dry up in consolidation
Retest Buy at CMP(or above week high)
SL Below 460
Target 1150-1250
Market cap:- ₹ 1,245 Cr.
ROCE:- 21.9 %
ROE:- 17.4 %
Mcap FF (Cr.)--432.73
Please maintain SL closing basis as this is small cap stock
Risk 1-3% of your capital(so plan position sizing base on this)
My trading view ideas past accuracy (for traget-1 ) around 71%(Please maintain your SL)
KOTAK BANK good short candidateKotak bank spot CMP 1870
Bearish butterfly pattern formation.
PRZ zone in range 1870-1940
SLZ above 1970 levels
RSI divergence :- price making higher high where as RSI indicator is making lower higher, bearish divergence.. RSI is on verge to break down below 70 levels that is from overbought zone indicates profit booking in counter..
Good short candidate.
TATA CONSUMERIt has reversed from a Bearish Harmonic Alt Shark in hourly time frame and done a min 38% retracement. There is a possibility of a trend line breakout ONLY if it manages to break "above 328" for 360 where it has a Bearish Harmonic Butterfly. Failure to cross would see continuation of retracement till 50-62%
CLong
CLong






















