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Gold’s Momentum: Will Trump’s Inauguration Drive XAUUSD to $2,75🌍 Market Overview The financial world is closely watching gold prices as Donald Trump prepares to take office on January 20, 2025. With gold trading above $2,700, the market anticipates fresh momentum to push prices even higher. 💡 Insight: Gold has solidified its uptrend in recent weeks, becoming a safe-haven asset amidst uncertainty. Whether XAUUSD can hit $2,750 depends on market sentiment and USD developments. 📊 Key Points to Watch This Week Trump’s Policies: His first statements will set the tone for USD. A dovish approach or heightened uncertainty could support gold. 📊 Key Technical Levels $2,723 - $2,725: The primary resistance zone that, if broken, could lead gold to test $2,748. $2,748 - $2,750: Key zone to watch for a potential breakout continuation. Support Levels: $2,694 - $2,690: The immediate support zone within the Fibonacci retracement at the 50% level. $2,679 - $2,682: A critical support zone, aligning with the Fibonacci 61.8% level, which acts as a bullish defense. $2,662 - $2,657: The 0.786 retracement level, representing deeper correction possibilities DXY (USD Index): The dollar is hovering near key support levels. A downside break could fuel gold’s rally further. Market Sentiment: During political transitions, investors often turn to gold as a safe-haven asset. This could sustain gold’s short-term uptrend. 🚀 Trading Strategy Ideas Key Drivers for Gold: Geopolitical tensions: Trump’s trade or international policies could boost gold. Fed rate expectations: USD might weaken if rate cut expectations rise. Investor sentiment: A risk-off market environment will likely drive gold higher. Scenario Planning: Bullish Case: If prices break $2,723, the next target is $2,750. Bearish Case: If DXY strengthens, gold may pull back to $2,680. 🤔 What’s Your Take? Do you think gold will surpass $2,750 this week? 👉 Comment below and follow me for more in-depth insights from CMF – Core Market Flow!
OANDA:XAUUSD
by KevinNguyen-SimpleTrade
Nifty Trading Strategy 21st January 2024Nifty Trading Strategy Buy Strategy: Entry Point: Condition: Wait for the 15-minute candle to close above 23,470. Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 23,470. Targets: 23,510, 23,565, 23,640 Sell Strategy: Entry Point: Condition: Wait for the 15-minute candle to close below 23,170. Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 23,170. Targets: 23,121, 23,040,22,990 Risk Management: Position Sizing: Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital. Diversification: Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk. Discipline: Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions. Disclaimer: I am not SEBI Registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
NSE:NIFTY
by ramkkyy
SBI - Long Term Investment IdeaSBI iS BELOW a crucial resistance levels. Strategy used : Support Resistance levels and Trendlines SBI near a crucial resistance levels 750-770 level. CMP: 756 Current support levels 750 are broken and acts as resistance. Investment idea: 50% - When crossing 762 if 610 levels are tested due to sudden spikes and rebounds, invest 50 % of the funds Key points: Q3 results are expected on 31st Jan 2025. Upcoming Budget on Feb 01 2025 Support resistances - refer above. This idea will be for long term and will be updated regularly Note: Not a SEBI registered analyst. Plan and trade as per your analysis
NSE:SBIN
by iTechnIndica
FAZE3Q LONGThe Elliott Wave analysis shows that the stock has completed waves (i), (ii), (iii), (iv), and (v), as represented by blue numbers on the daily chart. Stock is in correction now. Wave correction will go in waves (a), (b), and (c) in blue color on the chart. Wave (a) is completed, and wave (b) is in progress. Wave (b) will go in three sub-waves (a, b, and c in red color). Wave a and b is completed and wave c is in progress.  wave c will unfold in five sub-waves (black circle) shown in the chart above. Wave 1, 2, 3, and 4 in a black circle is finished, and wave 5 will start. Wave levels are shown on the chart. Level of Invalidation Wave (a) has been identified as the invalidation level, which is 366.05. Because According to the wave rules, Wave (b) cannot cross the pricing territory of Wave (a). If the price falls below this level, it may signal that the projected Elliott Wave pattern is not what it appears. I am not a registered Sebi analyst. My research is strictly for scholarly interests. Before you trade or invest, please consult with your financial advisor. I am not responsible for your earnings or losses. Regards,  Dr Vineet
NSE:FAZE3QLong
by drvineet
W-Pattern Breakout Alert: KRN Heat Exchanger📊 Setup Overview: Entry: Above ₹828.75 Stop Loss: ₹670 Target: ₹1030 (Positional) RR: 1:1.2 (📌 Close to 20% risk, so trade light!) 📈 Technical Highlights: Bouncing off 30DMA & 50DMA, forming a wide-range candle with strong volumes. RSI looks bullish. ATH Resistance: ₹833.5 🚧 — if broken with volume, add more and trail your SL! 💡 Fundamentals: ROCE: 42.1% | ROE: 41.9% ✅ Market Cap: ₹5153 Cr PE: 129 😬 vs Sector PE ~32. (Expensive, but growth potential seems priced in.) Trend: Trading against the trend, so position sizing and risk management are key! 🚨 🛑 Disclaimer: This is not investment advice. Risk management is crucial, especially when trading counter-trend setups. 🚩 💡 Quick Take: With a W-pattern breakout, bullish RSI, and strong volume, this setup has potential. But the high PE ratio makes it an expensive bet. Sector comparison suggests caution, so treat this as a high-risk, high-reward trade! 🚀
NSE:KRNLong
by sagartharayil
PRAKASH - Wonderful swing trading setupThe price has been consolidating since October 2023, with the ₹148 level establishing itself as a strong support zone. All previous reversals from this support, highlighted with green arrows, indicate its significance. Last week, the price formed a bullish engulfing pattern on the weekly timeframe, confirming buying momentum. This setup presents an excellent swing trading opportunity, with a stop-loss below ₹145 on a weekly closing basis and a target of ₹230 or a move toward the yellow trendline.
NSE:PRAKASHLong
by Breakout_Spotter
Pil Italica Lifestyle cmp 15.45 by Weekly Chart viewSTRICT RR and SL to be followed for this Penny Stock Technical Analysis Review Pil Italica Lifestyle cmp 15.45 by Weekly Chart view - Support Zone 12.75 to 13.25 Price Band - Falling Resistance Trendline Breakout in progress - 9+ odd months timeframe Bullish Rounding Bottom - Smaller timeframe thou slanting but Bullish Rounding Bottoms formed - Weekly Support at 12.75 > 10.25 > 8.75 with Resistance only at ATH 17.65 - Positive Technical trend outlook seen by EMA, MACD, RSI for probable upside
NSE:PILITA
by PIYUSHCHAVDA
USDJPY below 155 triggers Downside to 150Attached: Daily Chart Live 20th Jan 2025 BOJ is poised to raise rates to highest in 17 years this coming Friday Price already has a Bearish RSI Divergence and below 155 (50 Day EMA, red ma) will Trigger a BREAKDOWN Which then opens Downside Targets to 153/ 152/ 150🎯& even lower levels📉 This could be a Trend Change on the Weekly Timeframe as well given it would be driven by Central Bank Rate Decision Please Note: BOJ meets Jan 23-24, decision expected 0330-0430GMT Friday Board likely to raise short-term rates to 0.5% from 0.25% BOJ seen raising price forecast, flag brightening wage outlook Markets focusing on hints on pace, timing of subsequent hikes Governor Ueda to brief media 0630GMT Friday
Short
by T_Harth
4
INDUSTOWER - Support line and Bullish EngulfingThe 324 level, which previously acted as a strong resistance since 2019, is now serving as a solid support, as indicated by the price holding above the orange trendline. On the daily timeframe, the price has successfully broken out of the triangle pattern. Additionally, the previous week's bullish engulfing candle on the weekly timeframe further supports the bullish bias. This setup presents a favorable swing trade opportunity, with a target of ₹500 and a stop-loss placed below ₹310 on a weekly closing basis.
NSE:INDUSTOWERLong
by Breakout_Spotter
Nifty Prediction for Tuesday 21 January 25Hello Early Investor, Our objective at #HELPINGSTOCKINVESTOR is to build financial discipline in traders by simplifying Stock Market Education and Financial concepts with an expertise knowledge in Derivative Analysis, Market Trend Analysis and Technical analysis of a Stock. Here you can learn different trading strategies along with market fundamentals. Daily Market Analysis on this channel is most helpful for traders. #Experience of almost 7+ years in the market. Happy Trading! Watchout the Episode 1 of Candlestick Pattern Free Complete Candlestick Patterns Course | Episode 1 | All Single Candlesticks | Technical Analysis Like Share Subscribe
NSE:NIFTY
by THEBREAKOUTTRADERS