Bearish Harmonic in Play – Silver Sell Zone TriggeredBearish Harmonic in Play – MCX:SILVER1! Sell Zone Triggered 🔔
The pattern marked from X → A → B → C → D forms a Bearish Harmonic Structure , most likely a Bearish Butterfly , confirmed by key Fibonacci ratios:
* XA to AB retracement: 78.8%
* BC to CD extension: 1.543
This setup signals the formation of a Potential Reversal Zone (PRZ) near point D , where a bearish trend may initiate.
📉 Bearish Price Outlook
The dotted projection lines and red arrow illustrate the anticipated downward move:
* Price is likely to face resistance and reverse from the PRZ between ₹108,771 and ₹109,850
* A break below ₹106,899 could trigger further decline toward key support levels at ₹103,904 and ₹98,810
Commodities
Gold at a Crossroads – Rebound or Breakdown?Gold just faced a sharp sell-off as optimism surged around a potential trade truce. After President Trump announced a 25% tariff on Japan and South Korea, the deadline was surprisingly pushed to August 1st, giving countries room to negotiate. That pause eased market fears and triggered a short-term risk-on sentiment.
But the real pressure came from a stronger US Dollar and 10-year Treasury yields hitting a two-week high – a deadly combo for gold, which offers no yield. The shift in capital flow toward safer, interest-bearing assets pushed gold further into the red.
Now, all eyes are on the upcoming Fed minutes and speeches from key officials this week. If the tone is hawkish, gold could lose further ground. But a dovish hint might spark a bounce from the $3,290 support zone.
Gold Price Action Update - July 9th, 2025We have seen that gold retested crucial 3300 support level once again yesterday and managed to bounce back, closing above it by day's end. This suggesting that the bulls were still in control.
but again in eary asian session today Gold broke below 3300 and is now trading under Monday's low(3295-96).This is definitely a shift in momentum that we need to watch carefully.
If we stay below Monday's low (3295-96) and can't reclaim the weekly pivot, more downside pressure possible,
The next logical target /support would be the weekly S1 at 3268.
For any bullish recovery, we NEED to reclaim that weekly pivot at 3316,and 3345 our next major hurdle to overcome,while today's action looks bearish on the shorter timeframes, the daily close is still favoring the bulls for now. This creates an interesting dynamic where we're seeing some short-term weakness within what's still technically a bullish structure.
EURUSD - Sideways Action Sparks Reversal SpeculationHello traders, what are your expectations for EUR/USD?
Today, EUR/USD continues to move sideways around the 1.1800 mark during Thursday’s European session. The pair is showing signs of caution as the US Dollar gains ground amid optimism over a US–Vietnam trade deal.
From a technical perspective, the bullish trend still dominates as the price remains within an upward channel. However, a short-term pullback could be on the horizon, especially with buying momentum fading as EUR/USD approaches the upper boundary of the channel.
What do you think—could a reversal be forming from this zone?
Drop your thoughts in the comments!
Happy trading, everyone!
XAUUSD Short Setup – Bearish Structure Break & RetestI’m watching a clean bearish structure on Gold (XAUUSD) as follows:
✅ Trendline Rejections:
Price has respected a descending trendline with three confirmed lower highs, showing clear bearish pressure.
✅ Key Support Broken:
The 3,325–3,330 zone previously acted as strong support. Price has broken below this area with momentum.
✅ Potential Retest:
I expect a pullback retest of the broken support (now resistance) zone. If we see rejection in this area, I plan to enter short.
✅ Target Area:
The final target for this move is set near the 3,262–3,265 zone, which aligns with previous demand and potential liquidity levels.
🎯 Trade Idea Summary:
Bias: Bearish
Entry Zone: 3,325–3,330 (on retest confirmation)
Stop Loss: Above the descending trendline (~3,340+)
Target: 3,262
Risk-Reward: Approx. 1:2 or higher depending on entry execution
⚠️ Note:
Always confirm entries with price action (e.g., bearish engulfing candles or rejections) before entering. Manage risk properly as Gold can be volatile.
💬 What do you think? Share your thoughts and charts below!
#XAUUSD #Gold #TradingView #ShortSetup
Buy Opportunity or A Sign of a Bigger Downtrend?Gold Reverses Below 3300 – Buy Opportunity or A Sign of a Bigger Downtrend?
🧭 Market Update: Is the Sell-Off Really That Dangerous?
Gold had a surprising reversal at the end of the US session yesterday, after a sudden sharp drop targeting the 329x liquidity zone, followed by strong buying momentum pushing the price back above this level.
When gold tested the liquidity zone below 3300, large buying volumes appeared and pushed prices above this region. Overall, the market has not yet made a clear decision for either the bulls or the bears. We are still in an accumulation phase, with liquidity sweeps happening around both highs and lows, so it's crucial for traders to stay cautious and focus on finding appropriate scalping points to enter and exit.
Short-Term Outlook: Buy Bias Takes Over Today
For today, the buy bias appears to be stronger than yesterday. Focus on buying early at continuation patterns to catch the market trend. The D1 candle from yesterday formed a wick rejection, showing that the selling pressure was absorbed and the buying momentum has returned in the short term. So, it’s important to be proactive and look for early buy opportunities.
In the M30 timeframe, a solid continuation pattern is forming in the 16-14 zone, which could be an ideal entry point for today. If the price drops further, we’ll watch for a test of the old bottom at 03-00, and we’ll wait for any strong downward momentum to confirm if the bearish trend continues. On the other hand, for those considering sell positions, caution is advised. As mentioned earlier, with yesterday’s D1 wick rejection, the SELL pressure has likely been absorbed, and BUY momentum may overpower in the next few days. Avoid rushing into sell trades prematurely.
Key Support & Resistance Levels:
Important Resistance: 3342 – 3353 – 3362 – 3381
Important Support: 3330 – 3314 – 3303 – 3295
Scalping Opportunities and Buy Zones:
BUY SCALP:
3316 – 3314
Stop Loss: 3310
Take Profit: 3320 → 3325 → 3330 → 3335 → 3340 → 3350
BUY ZONE:
3303 – 3301
Stop Loss: 3297
Take Profit: 3306 → 3310 → 3315 → 3320 → 3330 → 3340 → ????
Sell Opportunities and Caution on Bears:
SELL SCALP:
3362 – 3364
Stop Loss: 3368
Take Profit: 3358 → 3354 → 3350 → 3345 → 3340 → 3330
SELL ZONE:
3380 – 3382
Stop Loss: 3386
Take Profit: 3376 → 3372 → 3368 → 3364 → 3360 → 3350
Key Takeaway:
We are at a crucial juncture where both bulls and bears are battling for control. Will gold bounce from the support and continue its bullish momentum, or will the sellers take charge and drag prices lower? Be patient and wait for clear price action signals before entering trades.
The market is currently in an accumulation phase, so don't rush into trades. Focus on buying when clear confirmations appear at support zones and be aware of sell rejections at key resistance levels.
💬 What’s Your View on Gold Today?
Do you think gold is ready to break 3390 and continue its bullish trend? Or are we looking at a deeper correction to 3270 in the coming days?
👇 Share your analysis and thoughts in the comments below! I’d love to hear your take on where gold is heading next! Let’s discuss and refine our strategies together!
XAUUSD Long Idea – Inverse Head & Shoulders ReversalTechnical Overview:
I’m observing a clean Inverse Head & Shoulders pattern forming on the 4-hour chart:
✅ Left Shoulder: Formed around 3,270
✅ Head: Rejection and reversal near 3,190
✅ Right Shoulder: Higher low around 3,300
✅ Neckline: Approx. 3,350 zone
Price has broken above the neckline area and is currently retesting it as support, which strengthens the bullish case.
Trade Plan:
🔹 Entry: Current zone near 3,340–3,350 retest
🔹 Targets:
🎯 TP1: ~3,400 (recent structural high)
🎯 TP2: ~3,450–3,460 (major resistance block)
🔹 Stop Loss:
Below the right shoulder area at ~3,290 for risk containment
Rationale:
1. Inverse Head & Shoulders is a classic bullish reversal pattern
2. Break and retest of neckline suggests buyers stepping in
3. Momentum shift confirmed by higher low structure
Potential Path:
I expect price to bounce from the neckline retest and push towards the 3,400 psychological level. If momentum persists, continuation to the 3,450 resistance block is likely.
📊 Risk to Reward Estimate:
Approx. 1:2 to 1:3 depending on target selection
📝 Note:
This analysis is for educational purposes—always manage your risk and validate entries with your own confirmations.
Gold Bounces Back: Quick Recovery from 3300 SupportGold is now trading above this week's pivot at 3316, which is a positive development. This suggests the bulls are regaining control after yesterday's decline, Rather than breaking down after the failed attempt at 3360, gold is showing it can hold key support and bounce back quickly. This resilience is encouraging for the medium-term outlook.
Key Levels Moving Forward:
Support: 3300 (now proven)
Pivot: 3316 (currently holding above)
Resistance: 3360 (still the key level to break)
Gold Breaks Below 3300 – Smart Buy Opportunity ... Gold Breaks Below 3300 – Smart Buy Opportunity or Warning of a Larger Downtrend?
🧭 Weekly Kickoff: Is the Sell-off Really That Dangerous?
Gold opened this week with a sharp drop, falling to 3306 USD and even breaching the psychological 3300 level to dip into the 329x region. While this could be alarming at first glance, it's more likely a liquidity sweep than the beginning of a sustained downtrend.
The market seems to be preparing for accumulation before the next big move.
🌐 Macro Highlights Impacting Gold
US inflation continues to cool → creates room for the Fed to ease policy if needed
FOMC minutes due this week → traders eye clues for timing of potential rate cuts
Middle East tension eases → safe-haven demand slightly reduced
Trump’s new tax legislation approved → may increase US debt pressure
US–China trade war sees temporary pause → easing short-term geopolitical risk
Overall, this phase resembles a classic consolidation, where breakout potential is growing rapidly.
📉 Technical Outlook – CP Pattern in Focus
A Continuation Pattern (CP) is forming – typically a sign of trend continuation after correction. This suggests current downside movement could be a technical pullback rather than a true reversal.
Price rejected resistance at 3336, broke below 3323 support, and quickly tested the 3303 region – a highly sensitive short-term support.
If the 3293 level is breached, the next liquidity pool lies around 3278 USD, which could trigger aggressive buy interest.
📌 Key Trading Plan – 04 July
🔵 BUY ZONE
3294 – 3292
Stop Loss: 3288
Take Profit Targets: 3298 → 3302 → 3306 → 3310 → 3315 → 3320 → 3330
🔴 SELL SCALP
3324 – 3326
Stop Loss: 3330
Take Profit: 3320 → 3316 → 3312 → 3308 → 3304 → 3300
🔴 SELL ZONE
3350 – 3352
Stop Loss: 3356
Take Profit: 3346 → 3340 → 3335 → 3330 → 3320
💡 Market Insight Today
This is a crucial “decision zone” for gold – the tug-of-war between bulls and bears is heating up. Will gold bounce off the 3290s and resume its upward journey, or are we heading for a deeper correction?
🧠 Keep an eye on the CP formation and price behaviour near key levels.
⚠️ Breakout traders should be patient – the real move may just be loading.
Gold Slips Sharply to Start the Week – What’s Next?Hello everyone! What are your thoughts on gold today?
As the new trading week kicks off, gold has taken a sharp dive, shedding over 200 pips and currently hovering around $3,316 at the time of writing.
The short-term bearish momentum remains intact, especially after breaking below the key $3,325 support level. The confluence of the EMA 34, EMA 89, and the former support-now-resistance zone forms a critical ceiling. Unless the bulls manage to reclaim this area, the downward trend is likely to persist, keeping sellers in control.
So, what’s your outlook for gold? Is this just a dip—or the start of a deeper correction?
Gold Weekly Analysis : Monday 07/07/2025Gold made a solid attempt to break higher last week, but that 3360 resistance level (previous week's R1) proved to be a tough line to break. The bulls pushed hard but couldn't secure a clean breakout, and now we're seeing some of that momentum fade.
Price opened with a decline today, showing some weakness after last week's failed breakout attempt. This is typical behavior after hitting resistance, some profit-taking and repositioning is expected.
This week's pivot is at 3316, which is actually ascending from last week's 3308 pivot. This is still a positive sign and suggests the underlying structure remains constructive despite the recent pullback.
In the bigger timeframe, gold is still consolidating within a range. We're not seeing a complete breakdown of the bullish structure yet, but rather a pause after the rejection at key resistance.
Critical Levels to Watch:
Upside Breakout Level: Last week's high around 3360 remains the key level bulls need to reclaim for any meaningful continuation higher.
Defense Zone: The 3300-3308 area is crucial support. This zone encompasses both the psychological 3300 level and the previous week's pivot. Bulls need to defend this area to maintain their recent gains.
If price slides below 3300, we could see a decline back toward that recent swing low area. This would signal that the bulls have lost control of the near-term momentum.
Gold Holds the Line and Rallies – A Strong Weekly Close in SightAfter holding firm at the support level around $3,250 per ounce, gold is on track to end this shortened trading week with a notable gain. This is an encouraging sign for investors, highlighting that gold’s appeal remains strong despite recent volatility.
The recent sell-off was not entirely unexpected, as the market recalibrates its interest rate expectations. However, the long-term bullish trend for gold remains intact, even as the price consolidates within a narrow range.
SilverSilver ( OANDA:XAGUSD ) – Bearish Head & Shoulders Forming on 4H Chart
Silver is currently trading at $35.95/oz and forming a Head and Shoulders pattern on the 4-hour chart — a classic bearish reversal setup. The right shoulder is still in formation, with the neckline support around $35.26.
🔍 Key Levels to Watch:
Neckline: $35.26
Breakdown Target: $33.24
Pattern Type: Bearish Head & Shoulders
⚠️ A decisive break below the neckline could trigger a short-term correction toward $33.24. Until then, price action near the neckline should be watched closely for confirmation.
📉 Short bias on breakdown. Wait for confirmation before entry.
Is EURUSD About to Reverse? Key Support in DangerHello traders, what are your thoughts on EURUSD?
Today, EURUSD is facing a clear risk of a downside correction following stronger-than-expected Nonfarm Payroll data. This immediately boosted the US dollar, threatening the pair’s recent bullish momentum.
On the H4 chart, a CHOCH (Change of Character) pattern has just formed, signaling weakening buying pressure. If the price breaks below the 1.1745 support, the following BOS (Break of Structure) sequence could confirm a shift to a bearish market structure. With the Fed likely to maintain higher interest rates for longer and delay rate cut expectations, the USD stands to benefit further.
What do you think — could this be the start of a major reversal?
Gold Pauses as Strong NFP Data Boosts the DollarHello traders!
Gold is currently hovering around $3,330 after Friday’s Non-Farm Payrolls (NFP) report came in stronger than expected, showing 147,000 new jobs — higher than both the previous reading (139,000) and forecasts (110,000). This pushed the US dollar slightly higher, placing temporary pressure on gold’s upside momentum.
However, broader market factors still support gold’s long-term bullish outlook. Concerns over US fiscal sustainability, continued central bank gold buying, and global growth fears remain key drivers for safe-haven demand.
Technically, gold continues to hold above the key support zone near $3,325, preserving its bullish structure. As long as this level holds, the upward trend remains valid.
👉 What’s your take after the latest NFP report? Will gold keep rising — or is a pullback on the way?
Gold Update: Bulls Test Weekly R1 at 3360 The 3360 Weekly R1 level is proving to be a solid barrier. This was anticipated, as weekly resistance levels often require multiple attempts or significant volume to break through cleanly.
gold needs substantial volume to power through this resistance level, but we're heading into a low-volume trading environment.
With the US markets closing early today for Independence Day, we're looking at reduced trading activity. This creates a few scenarios:
Lower volume could mean less momentum to break resistance
Thin trading conditions might lead to choppy price action
Any breakout attempts may lack the conviction needed for follow-through.
3308 Major Support: This remains our key downside level to watch. If the bulls can't make progress at 3360 and we see some profit-taking, this support zone becomes crucial for maintaining the recent bullish momentum.
EURUSD SHORT - 15M/1HFOREXCOM:EURUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!! !
XAUUSD 03/07: GOLD IN THE DRIVER'S SEATXAUUSD 03/07: GOLD IN THE DRIVER'S SEAT – WILL IT BREAKOUT OR PULLBACK BEFORE KEY EVENTS?
Gold is on a solid upward trajectory, as expected from earlier predictions this week. After a negative ADP Non-Farm Payroll report yesterday, the USD weakened, providing the fuel for gold to soar. During the US session, gold surged from the 333x level to 336x.
🔑 Key Catalysts to Watch:
1. Political Factors:
Trump's announcement that the Republicans in the House have united to push through the "Super Bill" is a significant factor that could propel gold even further in the near future. The political climate is setting the stage for gold's potential rally.
2. Macro Overview:
Federal Reserve and Rate Cuts: The market is eyeing the Fed closely, with high expectations for two interest rate cuts this year. This could put continued pressure on the USD and further support gold. With a 90% chance of a rate cut by the end of Q3, the path is clear for gold to target new highs.
US Economic Data: Disappointing ADP data, reporting a loss of -33k jobs, continues to point to a weakening labor market, strengthening the case for gold as a safe-haven asset.
🌍 Market Conditions and Trade Setup:
The market remains on edge with these political and economic factors at play. The market will also be watching the Non-Farm Payrolls (NFP) data closely. With the ADP report showing poor results, the market could experience some turbulence ahead of the NFP release, and with a long weekend ahead due to the bank holiday, traders should approach this market with caution.
📉 Technical Outlook – The Road Ahead for Gold:
Gold has been trending upward and maintaining a bullish outlook. However, a minor pullback is expected.
Resistance: 3358 – 3365 – 3374 – 3380 – 3390
Support: 3343 – 3335 – 3325 – 3316 – 3304
📊 Trading Plan – Key Levels to Watch:
Buy Scalp:
Entry: 3335 – 3333
SL: 3329
TP: 3340 → 3345 → 3350 → 3360 → 3370
Buy Zone:
Entry: 3316 – 3314
SL: 3310
TP: 3320 → 3324 → 3328 → 3332 → 3336 → 3340 → 3350 → 3360
Sell Scalp:
Entry: 3374 – 3376
SL: 3380
TP: 3370 → 3366 → 3360 → 3355 → 3350
Sell Zone:
Entry: 3388 – 3390
SL: 3394
TP: 3384 → 3380 → 3376 → 3370 → 3366 → 3360
⚠️ Key Focus for Traders:
Upcoming Data: The NFP release will be crucial, as disappointing job numbers could drive gold even higher.
Market Volatility: With the long weekend ahead and market reactions to key news, be prepared for possible volatility.
Trade with Caution: Stick to your TP/SL strategy, manage risk, and only enter trades when clear setups appear.
📈 Conclusion:
Gold is showing strong potential for further gains, but traders should be prepared for some pullbacks as the market reacts to upcoming economic and political news. The trend remains bullish, but it’s crucial to remain cautious and follow the technical levels closely to optimize entry points. Stay alert for key developments in the USD, NFP, and Fed rate-cut expectations, and let the market guide you.
CRUDEHello & welcome to this analysis
USOIL / CRUDE (MCX) after a very sharp rally till the slanting channel have now retraced to very strong support levels as per the ICHIMOKU indicator in daily time frame.
One could look for a 4hrs reversal candle confirmation between $64.50 - 63.75 / INR 5625 - 5450 for a resumption of rally till $77 / INR 6900 with resistance on its path at $68.50 & $74 / INR 5825 & INR 6400
Remember enter only after you get a bullish candle confirmation from lower time frame.
All the best
Trade Recommendation – BUY WTI Crude Oil (USOIL) – Entry #2✅ Trade Recommendation – BUY WTI Crude Oil (USOIL) – Entry #2
📅 Date: July 3–4, 2025
🕒 Timeframe: 1H
🎯 Trade Setup:
Entry Zone: 66.30 – 66.40 USD/barrel (short-term support and EMA20 zone)
Stop Loss (SL): 65.60 USD (below MA200 and previous bullish candle base)
Take Profit (TP):
• Target: 68.40 – 68.50 USD
📊 Technical Analysis:
Healthy pullback after a strong bullish breakout — price is currently consolidating around EMA20, potentially forming a new upward leg.
Volume surged during the July 2–3 breakout, indicating strong institutional buying interest.
Price structure: Clear uptrend with higher highs and higher lows.
Bollinger Bands: Price touched the upper band and is now retracing to the mid-band — a common continuation pattern.
EMA20 is acting as dynamic support.
🧭 Strategy Notes:
Wait for price to retrace into the 66.30 – 66.40 zone with a confirmation signal (e.g. bullish pin bar or engulfing candle).
Consider scaling in and holding the position toward the resistance area of 68.40 – 68.50.
Cut loss if price breaks below 65.60 and invalidates the current bullish structure.
fl me & ytb, winrate 90%! Thank
Will Gold Break Higher Ahead of US Jobs Data?Hello traders, what’s your take—will gold rise or fall today?
So far, the precious metal remains quiet, hovering around $3,345 without much movement since yesterday.
According to the CME FedWatch Tool, although the probability is still low, expectations are rising that the Federal Reserve might cut interest rates later this month. That’s a strong supportive factor for gold in the near term.
Technically, the next bullish target is a confirmed daily close above the key resistance level at $3,400.
On the news front, Thursday marks the most important data release of the month for the US—the June Non-Farm Payrolls (NFP) report, released a day early due to the Independence Day holiday. The market is expecting an increase of 110,000 jobs, down from 139,000 in May.
This release could be a gold mover: If the actual number is weaker than expected, it would likely reinforce Fed rate cut expectations—giving gold a bullish push.
Gold price recovered break 3340, price increasedPlan XAU day: 02 July 2025
Related Information:!!!
Gold Demand in China Expected to Rise Further
"Gold prices (XAU/USD) fluctuated between modest gains and slight losses during the first half of the European session on Wednesday, remaining below the one-week high reached the previous day. The US Dollar has regained some positive momentum, appearing to break a seven-day losing streak that had brought it to its lowest level since February 2022. This renewed strength in the greenback is acting as a headwind for the precious metal. Additionally, a broadly positive risk sentiment in the market is seen as another factor limiting the upside potential for the safe-haven asset.
personal opinion:!!!
Gold price continues to recover after breaking the 3340 price zone, buying power maintained before ADP-NF news today
Important price zone to consider : !!!
SELL point: 3366 zone
Sustainable trading to beat the market