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OIL bullish for short term upside to 550Hello Everyone, Have spotted a bullish pattern on the chart that can take the prices to 510-550 in the short while. Points to note: > Out of all, Oil sector is showing some strength. > OIL has seen recovery for the current support levels multiple times in the past. > Trading above 100EMA with good volumes. > Hammer spotted Important leves: Support: 464 Resistence: 450 Entry Levels: 485-490 Exit Levels: 464 or trail with EMA 100 once it breaches 500 levels. Risk to Reward: Optimal Entry 485 – Target 550 = Almost 3x Reward to Risk
NSE:OILLong
by madhubansal
4
Gold on the EdgeThe price is trading within converging trendlines, forming a symmetrical triangle. This indicates a phase of consolidation and decreasing volatility, suggesting a potential breakout soon. The current price is near the midpoint of the triangle and seems like forming double top on H4, with potential to retest support. Momentum seems neutral, awaiting a trigger for a directional move. Liquidity will likely be taken from one side (most probably from the support trendline) before the real move occurs till then we can consider the sideways market and we can plan our trade accordingly for Intra day.
OANDA:XAUUSD
by TheGoldenCircle
Gold Price Forecast: Liquidity Grab Likely Before Rally to New HThe price seems to be consolidating within the ascending triangle, Price is testing the confluence of the descending trendline and the 61.8% Fibonacci retracement level. This area has historically acted as a rejection zone. Price is likely to reject this level and push downward to sweep liquidity below recent swing lows near 2,600 or 2585 area. After liquidity is swept, price could form a spring (Wyckoff reaccumulation) and provide a strong buy signal which can push price towards 2800. (Expecting a pullback but this does not mean that I want to short gold, I am still waiting for a good buy area, if gold deliver this kind of move then that will be a good setup for swing buy)
OANDA:XAUUSDLong
by TheGoldenCircle
GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
FX:XAUUSDLong
by tradergyan01
GOLD TRADING POINT UPDATE > READ THE CAPTIANBuddy'S dear friend 👋 Trading Signals 🗺️🗾 Update Gold trading point still holding it Short Trade 🤠 list week market teach supply zone 2665 a rejected point below 👇 trend 📉📈 2624 back up trand tast 2640 back down 👇 trend good choice for selling it good luck 🤞🤞 Small target we'll see 2606 Analysis target we'll see 2537 Resistance level 2642 Support level 2624 2606 2537 Mr SMC Trading point Support 💫 My hard analysis Setup like And Following 🤝 that star ✨ game 🎮
FXOPEN:XAUUSDShort
by SMC-Trading-Point
Gold Price Action Key Points Gold Price Action Key Points Small bodied candles at current levels indicating indecision Previous strong green candles with good bodies showing buyer conviction Recent red candles haven't created significantly lower lows, suggesting controlled selling Key breakout level above: 2,671 Critical support zone: 2,633-2,640,This is currently acting as a solid floor and has been tested multiple times recently Volume Analysis: Increasing volume on upward movements Lower volume on pullbacks, suggesting less selling pressure Overall : The price action suggests a bullish bias with controlled pullbacks and strong support levels and The overall structure remains bullish as long as price stays above the marked support zone , On breakdown the support we have to wait for confirmation from lower levels on breakdown 2,602 ( S1) - This could act as a secondary support if we see a pullback.
OANDA:XAUUSDLong
by TheGoldenCircle
Gold retreats after rising Gold prices have seen a significant pullback from recent highs and are now trading between key Fibonacci retracement levels. The key retracement levels of prices from previous highs to lows include: 23.6% ($2,617.15), 38.2% ($2,638.02), 50% ($2,654.88) and 61.8% ($2,671.74). The price is currently hovering around the 38.2% level and showing some signs of support. After a period of decline, the price rebounded after hitting a low on January 19, and then formed a symmetrical triangle consolidation structure. After the breakthrough, the price entered the rising channel but showed some correction pressure in recent days. From the short-term trend, despite the current correction, the overall upward trend has not been broken. Combined with the previous trend, the market may stabilize in the current support range (around $2,638) and try to test the 50% Fibonacci retracement level ($2,654.88) or even higher resistance again. But if the market continues to fall, the lower side will fall back to the previous wide adjustment range. Long trading suggestions: Aggressive strategy: You can try long orders near $2,638, and set the stop loss below the key support ($2,617). Conservative strategy: Wait for the price to break through $2,655 to confirm the continuation of long positions, and the target can be seen at $2,672. Short trading suggestions: Aggressive strategy: You can try short orders near $2,654, and set the stop loss above the key resistance ($2,671). Conservative strategy: Wait for the price to break through $2,630 to confirm the continuation of short positions, and the target can be seen at $2,617. At the same time, it is necessary to pay close attention to the impact of fundamental factors on gold prices, such as changes in the US dollar index and global macroeconomic data.
FOREXCOM:XAUUSD
by RonPeter_Trading
03-01-2025 Natural Gas longNow from here onwards, we can look for buy side opportunity GAP is completely filled. Maximum down side potential is $ 3.30 level, only for today because next trading day is Monday (06-01-2025). Disclaimer: We are not SEBI registered. All the content (videos, comments, posts, community posts, live streaming, etc) is for educational and informational purposes only, Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions.
CAPITALCOM:NATURALGASLong
by iparaswanipiyush
Gold Technical Analysis: Shift in Market Structure?The price has indeed moved up significantly and is now testing a key resistance zone around 2655-2672 (Fib Golden Zone), yesterdays upward movement has been steady and consistent,Price has successfully broken above the previous resistance(2635-39) which is now a support area, also there's a notable increase in volume on the recent upward move, price has maintained higher lows and higher highs in the short term, However, We're approaching the 0.618 Fibonacci resistance level,The price is at the upper range of the recent consolidation zone and price is now trading the weekly R2 level so to initiate buy we have to wait for pullback for a possible re test of support area and on rejection we can plan the buy . The original downside target of 2536-50 will be considered invalid unless price breaks back below 2638 with significant volume. Key invalidation level for bulls: A close below 2638 on H4 that can drag the price in previous consolidation area.
OANDA:XAUUSD
by TheGoldenCircle
Crude Oil Ready to Explode: Wave (iii) Targets Sky-High Gains Chart Interpretation 1. Triangle Pattern: A visible contracting triangle pattern (marked as Wave (ii)) indicates consolidation before a breakout. Triangles typically occur in Wave 4 or corrective waves (B waves). Fibonacci Levels: Fibonacci extensions (1.618, 2.618, 3.618, etc.) are used to project potential targets for Wave (iii), Wave (v), or corrective moves. 1.618 (7,156): A potential target for Wave (iii). 2.618 (8,125): Extended target for Wave (iii). 3.618 (9,094): A stretch target if the trend is powerful. Current Status: The chart indicates that Wave (ii) (a corrective phase) is concluding, with a breakout expected into Wave (iii). Wave (iii) targets are aligned with key Fibonacci levels, showing potential price surges. 2. Future Projection After completing Wave (iii) and a brief correction in Wave (iv), the price may proceed to Wave (v), likely targeting higher levels. Post the 5-wave impulse, a corrective A-B-C structure may follow, resetting the trend. 3. Trading Insight A breakout above the triangle pattern could confirm the start of Wave (iii). Regards, SG
MCX:CRUDEOIL1!Long
by subhagghosh
1
02-01-2025 - NATURAL GAS!After filling the GAP, we can look for an opportunity to long NG. As per the present situation, buyers can active anytime below $ 3.40 level. Disclaimer - 1- I am not a Financial Advisor 2- This is only for educational purpose. 3- I am not responsible for any of your trades . 4- Your profits or loss are not my responsibility its on your own risk completely . 5- I simply share my views towards Market , So before taking trade consult your personal Financial Advisor .
CAPITALCOM:NATURALGASLong
by iparaswanipiyush
Gold Update : No change so far ,still in sideways range Price is trading within a defined range, with 2639 as the upper boundary and 2585 as lower boundary. Despite recent upward movement, lack of volume confirmation suggests caution for last two day up move. The original downside target (2536-50) remains valid until we see a decisive break above mentioned resistance levels with strong volume support. What We Need for Bullish Confirmation:? Clear break and close above 2639 Price need to sustain above 2650-55 on Higher Time Frame. Need Strong volume to support the move Until these conditions are met, my original downside target remains valid from a technical perspective .The current price action appears to be in a decision zone, and the lack of volume confirmation suggests this could still be a temporary move rather than a trend reversal so I will wait for good confirmation before initiating buy trade.
OANDA:XAUUSD
by TheGoldenCircle
2
01-01-2025 Natural Gas Analysis15 min Chart Analysis of Natural gas. Till $ 3.37 level every buy move can be short After $3.37 level: 1. If the price continue in downward direction - then wait for an strong buying pressure for a upside move. 2. If the we get a bullish engulfing pattern at the base - then we can see an up move till $ 3.72. Disclaimer - 1- I am not a Financial Advisor 2- This is only for educational purpose. 3- I am not responsible for any of your trades . 4- Your profits or loss are not my responsibility its on your own risk completely . 5- I simply share my views towards Market , So before taking trade consult your personal Financial Advisor .
CAPITALCOM:NATURALGAS
by iparaswanipiyush
1
Double Direction Move from now on Natural Gas.Reference from Previous Analysis - Reached $ 4 level. A rejection from $ 4 level is seen. Now natural gas is in a position from where the seller can take action and try to bring the price to $ 3.40 and fill the gap which is pending or the buyer can take the control and can touch level $ 4.30 and from there we can see a selling move. In this kind of situations, * If level $3.40 is tested we should be ready to buy. * If level $4.30 is reached then we should be ready to sell. In between we should avoid taking any trade. Disclaimer - 1- I am not a Financial Advisor 2- This is only for educational purpose. 3- I am not responsible for any of your trades . 4- Your profits or loss are not my responsibility its on your own risk completely . 5- I simply share my views towards Market , So before taking trade consult your personal Financial Advisor .
CAPITALCOM:NATURALGAS
by iparaswanipiyush
10