Gold (XAUUSD) 3100 Or 2900 ?🔍 15M Chart Analysis
📊 Trend: Ranging market
🔑 Key Levels:
✅All-Time High Zone ($3,057) – Major resistance
✅Support at $3,006-$3,010 – Key demand area
✅Current Range: $3,020 - $3,035
🚨 EMA Analysis:
✅ Price is fluctuating around the 50 EMA and 200 EMA, confirming consolidation.
Conclusion:
✅Market is in a ranging phase; a breakout above $3,035 could push the price toward the all-time high.
✅A drop below $3,020 could see price testing $3,006 support.
🔍 1H Chart Analysis
📊Trend: Short-term bearish to neutral
🔑 Key Observations:
✅Descending trendline (Orange Line) was broken, indicating potential bullish recovery.
✅POI Level ($3,006-$3,007) – Strong demand zone, price bounced from here.
✅Resistance Area ($3,035-$3,040) – If price reaches here, sellers may step in.
🚨 EMA Analysis:
✅Price broke above the 50 EMA (Red Line), indicating early bullish momentum.
200 EMA (Blue Line) still below, confirming overall bullish trend.
Conclusion:
✅If price sustains above the trendline breakout, next target would be $3,035-$3,040 resistance zone.
✅A rejection from the current level could push the price back to $3,006 POI.
🔍 4H Chart Analysis
📊Trend: Bullish (Price above 50 EMA & 200 EMA)
🔑 Key Support Levels:
✅$2,983 – Previous support level
✅$2,957 – Strong support zone
✅$2,930 – Near the 200 EMA, potential major support
Key Resistance Levels:
✅$3,022-$3,023 – Immediate resistance zone
🚨 EMA Analysis:
✅50 EMA (Red Line) is acting as dynamic support, price is currently hovering around it.
✅200 EMA (Blue Line) far below, indicating strong bullish momentum.
Conclusion:
✅As long as price holds above the 50 EMA, bulls remain in control.
✅A break below 50 EMA could lead to a retest of $2,983 or $2,957 support zones.
Overall Summary & Trade Ideas
✅ Bullish Bias on higher timeframes (4H), but short-term market is ranging (15M).
📌 🔑 Key Levels to Watch:
Above $3,035 → Bullish breakout towards $3,050+
Below $3,020 → Bearish pressure towards $3,006
⚠️ Trading Plan:
🔵For Long Positions : Buy above $3,025 with a target of $3,040-$3,050.
🔵For Short Positions : Sell below $3,020, targeting $3,006.
Wait for a breakout from the range for a clearer trade setup.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
Contains IO script
Gold (XAU/USD) Next Possible Move?
🔍 4-Hour Chart Analysis:
Trend: The price was in an uptrend, but a potential reversal has formed.
✅Key Bearish Signal: The presence of an Evening Star candlestick pattern at resistance (~$3,038) signals a potential trend reversal.
✅ Moving Averages:
✅ 50 EMA (Exponential Moving Average): The price is testing this level as support.
✅ 200 EMA : Positioned lower, suggesting that the long-term trend is still bullish, but short-term weakness is visible.
📉 Support Levels:
✅$3,005 (Minor Support)
✅$2,981 (Stronger Support)
📉 Resistance Levels:
✅$3,038 (Key Resistance)
🔹 Summary:
The formation of an Evening Star at resistance suggests a potential downtrend unless the price strongly holds above the 50 EMA. A breakdown of $3,005 could accelerate selling toward $2,981.
🔍 1-Hour Chart Analysis:
📊Key Observations:
Trendline Resistance : A descending trendline is pushing prices lower.
50 EMA Resistance : Price is failing to break above the 50 EMA, confirming selling pressure.
🚨 200 EMA Support : Price is holding above the 200 EMA, acting as a dynamic support.
🚨 Point of Interest (POI) Zone : The blue-shaded area is a key demand zone, where buying pressure might increase.
🚨 Fair Value Gap (FVG) Below: There’s an imbalance below $2,981, which price may fill before rebounding.
🔹 Summary :
If the 200 EMA support at $3,002 fails, a move toward the FVG zone near $2,981 is likely. A break above the trendline resistance and 50 EMA would signal a possible bullish reversal.
🔍 15-Minute Chart Analysis:
📊Key Observations:
📉 Bearish Crossover: The 50 EMA crossed below the 200 EMA, a bearish sign indicating selling pressure.
📉 Lower Highs Formation : Price is making lower highs, respecting the trendline resistance.
📉 Support Zone Holding : The blue POI level is still acting as a temporary support.
🔹 Summary:
The short-term momentum is bearish, as indicated by the EMA crossover and trendline rejection. However, if buyers step in at the POI level, a short-term bounce may occur. If support at $2,999-$3,002 breaks, expect further downside.
📌 Trading Plan & Key Levels to Watch
🟢 Bullish Scenario:
A break above the trendline and 50 EMA (~$3,020) could lead to a push toward $3,038.
A strong bounce from $2,981 (support level) could provide buying opportunities.
📍 Bearish Scenario:
A break below $3,002 (200 EMA support) may trigger a move toward $2,981.
If $2,981 breaks, the price could target the FVG area ($2,955 - $2,930).
📉 Conclusion
Short-Term Trend: Bearish unless the price reclaims $3,020+.
Key Support: $3,002, $2,981
Key Resistance: $3,020, $3,038
Strategy: Watch for a breakout above trendline for bullish confirmation or a break below $3,002 for bearish continuation.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢 Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
Gold - Long Term Elliot Wave Counts - Top is near!Gold has finally started it's last leg up, 5th of 5th on Weekly.
This can go another 3-5% to 90600, 9100 or so, or maybe slightly higher, however, when it ends, we are looking for a sharp fall, as an extended 5th with short retracement in 4th doesn't end well.
Lot of people would be trapped, and when it starts breaking levels it will create double pressure from bears shorting and bulls covering longs.
I am expecting around 75k.
Bitcoin (BTC/USDT) 1-Hour Chart Analysis
Bitcoin is currently in a pullback phase after reaching a local high, showing signs of short-term weakness. The price action reflects a clear upward trend supported by higher lows and strong buyer interest, but recent rejection at a resistance zone indicates profit-taking and potential short-term selling pressure.
A key support zone lies below the current price level, marked by increasing volume and a station level where buyers are likely to step in. If the price holds this support, a continuation of the bullish trend could follow, targeting the previous resistance zone. However, if the support fails, a deeper correction toward lower demand levels is possible.
Market sentiment is mixed — short-term signals show bullish strength, while higher timeframes remain cautious. The next key move depends on whether buyers defend the support zone and push through the overhead resistance. A confirmed breakout above resistance could drive the next upward leg, while a breakdown below support could shift momentum back to the bears.
Bitcoin (BTC/USDT) 2-Hour Chart Analysis
Bitcoin is showing signs of recovery on the 2-hour chart after forming a local bottom at a key support zone. The price has bounced from a strong demand area, supported by increased buyer activity, and is currently attempting to push higher within a rising channel. The formation of higher lows (HL) and higher highs (HH) suggests that bullish momentum is building in the short term.
Despite this upward movement, the overall trend remains bearish, indicated by the dominance of red moving averages and the presence of strong resistance overhead. A major resistance zone sits above the current price level, marked by significant volume and selling pressure. The sentiment remains bearish, as confirmed by the red signal on the sentiment panel, although JASMINN AI and regression tools are showing early signs of potential upward strength.
If the price manages to break above the resistance zone and hold, the next upside target lies near the destination levels identified on the chart. However, failure to maintain upward momentum could result in a pullback toward the previous support zone, where buyers are likely to step in again. The key to further upside will be a decisive break and close above the resistance, supported by rising volume and bullish momentum. The overall market outlook remains cautiously bullish in the short term but within a larger bearish trend.
Bitcoin (BTC/USDT) 1-Hour Chart Analysis
Bitcoin is showing signs of bearish pressure on the 1-hour chart after a recent rejection from a key resistance zone. The market structure reflects a mixed trend, with signs of higher and lower lows indicating ongoing volatility. A recent break of structure and expansion suggest that the market is at a turning point.
There’s a clear resistance zone where sellers have stepped in, creating strong selling pressure. On the other hand, a support zone below shows signs of buyer interest, which could act as a floor if the price continues to decline. The equilibrium point near the middle of this range represents a potential decision area for future price movement.
Market sentiment remains bearish across multiple timeframes, reinforcing the downside bias. If the price continues to reject resistance, it could drop toward the support zone, with further downside possible if buyers fail to hold the level. Conversely, a breakout above resistance could signal renewed bullish momentum and lead to higher levels. The current outlook remains bearish, with selling pressure dominating near resistance and moderate buyer interest at support.
Nifty - EW Update - Time to be lightABC up from recent low seems to be done.
Also, we are in the range from where price had gapped down and broken last time
So, it's time to be cautious. If we make another leg up, then we have 5 up which will be good and we can start taking longs on the next retracement.
However, if we turn from here, we are going lower in E of E to 21500 or so.
GOLD chart analysis for Friday 10 March Session 15M TFI've looked the gold chart in every timeframe and figured out some level's and zone to rely on it for this session last closing was at 2909 due to which we've got our nearest support zone of 2907 - 2902 and after that a level of 2996 is the support below it no support for the day range until 2880 and if we talk about resistance zone's and level's 2916 - 2919 is the resistance zone and after that 2927 - 2930 is the next resistance zone after it next level is ATH of resistance , we've to look for reversal and continuation pattern's at the zone's and level's before entering in any trade because in daily TF the formation of Doji candle occur's ,so watchout the pattern's carefully before entering and SL is above or below the zone's according to the trade.
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USOIL Trade IDEA for upcoming session of Monday 15M TFOn looking at the chart of USOIL in higher TF's i've figured out some imp and key levels and zones to focus on last session it closed at 67.019 and if we look on price movement then our next resistance zone is 67.465 - 67.560 after that we get the next zone which is 68.100 - 68.215 which is the last session approx high and after this we can get new resistance zone of 68.550 - 68.600 if we talk about support then nearest support is 66.757 - 66.589 and after that we can get new support at 68.250 - 68.085 then next support is 65.616 , while looking at the chart in every TF's i think crude may head for higher price for some session's because it get rejection on weekly and daily TF and it also showed bullish scenario in my self made indicator , i've given all the imp level's wait for resistance breakout and place SL below resistance low ( alternative and safe method is to wait for retesting then enter) if price goes downward's then wait for reversal pattern's then enter and place SL below support low , wait for price to show some reversal or continuation pattern before entering.
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USOIL chart pattern for upcoming session of Thursday 15M TFIn the last session USOIL closed at 66.379 (2.4%) down and made of low of 65.208 , i've looked the chart on every TF and i've figured out some important levels of the crude ,on looking at the closing and price action formed our Near and major resistance zone is 66.795 - 67.090 this is a big zone but major zone and after that we've got the next resistance at 67.705 and the next one is 68.000 -68.105 , while looking at the chart in higher TF now market is going to compress or outburst for alternative scenario we've got some support zone's 65.259 - 65.200 is the level of support zone and it's also almost the low level of last session after that next support we've got on looking at every TF is 64.040 - 64.140 and after that 63.646 is the level which hold's some support , these are the level's which i got while studying the chart until new one is formed so we've to very clear here watch out every zone and level and look how price react's to it i've already told you how to trade in rejection and continuation pattern in our previous idea's ( and yeah sorry for typing mistake of level's and zone's in last USOIL idea published ) and i request every follower to avoid trading in news time ,now let's see how market react's on these levels.
GOLD chart pattern for upcoming session of Thursday 15M TFi've looked chart in every TF and figured out some level's for the thursday session's , gold closed at 2928 in the last sessioon and nearest resistance is 2930 -2934 and above it the resistance is 2952 - 2953 which is the ATH and nearest support (first) is 2913 - 2910 and below it the next support (second) is 2896 - 2893 and below it the third support zone of 2871 - 2864 , looking at the closing i think between first support and resistance is no trade zone , if price form some reversal and continuation pattern then we've to enter only and should place our place above or below the zone's respective to our trade position ( short or long ) , look for patterns at the zone's , let's see how market react's to these pattern .
Nifty EW UpdateSo we had a good 2 days of upside.
I am changing the possibilities a bit:
1. Possibility 1 (Red): We are in larger Triangle (ABCDE - Red) E done and we have made a bottom. Wave 1 of next leg up seems done, we should expect a 2 now.
2. Possibility 2 (Blue): We are in a Larger ABC (Red) and C is further an ED (ABCDE - Blue).
In that case the leg up of last 2 days was an A.
We should expect a B down (22200-250) and C up (22800, 23050) which will complete D.
Post that, we will have a E of Red C down, mostly till 21500, 21200.
Still hoping red one holds, but no one knows. :)
GOLD chart analysis for Wednesday session 15M TFOn looking at price movement and candlestick pattern on every TF i've figured out some zone's for wednesday session , according to closing price of gold it first resistance zone is 2927-2932 and next major resistance is 2952-2956 and if we talk about support then we've got the nearest support as 2909-2904 and follwing to it next support is 2895-2890 and 3rd support is 2883-2878 , price should come to second support sone and it should work as pullback zone from there price should make a upside move first support can also work as pullback zone but i think it's not strong as 2nd one , we should follow clear and simple approach watch out every zone look for price raction at zone if price make reversal signs at support then go for upside trade and place SL below support if it break's support with continuation pattern then short for next support in case of resistance short if reversal occurs buy if continuation occurs after continuation buy it in retesting for better risk management place sl below resistance.
USOIL Trade IDEA for upcoming session of Wednesday 15M TFOn looking at the chart of crudeoil on all timeframe i've figured out some levels to watch for today
S1 Zone - 69.680-69.700 ( represented as white line in chart ).
S2 Zone - 69.420-69.470
one of these zones should work as reversal zone of the instrument from there price should take rejection and should move to upside breaking of these zone's we should watch for the price reaction on 66.740-66.950 if this zone also breaks then we can see the levels of 65.500 til this level there is no support for now until new one create's.
and the Resistance Zone's are -68.480-68.620 if this level is breaked then look for 69.000-69.100 level and also on this level breaking price should reach 70.000.
Look for price reaction on every level and zone watch how it reacts to zone's and levels if rejection occurs then place trade according to that if continuation occurs then place trade according to that ( on breakout or breakdown it's good to place trade on retesting for better and safe trade's ,let's see how price react's.
Nifty EW UpdateConfusion remains:
Either bottom done in an ABC in E
OR it's just 3rd wave in C3 done and 4th going on.
Crossing 22800 should give confidence that it's not C3, and we could have made a bottom.
All in all, stocks are doing well, Metals, PSEs, Capital goods etc are already breaking above the levels they were at when Nifty was at 23k.
Nifty - Elliot Waves UpdateWe are in a confusing situation right now.
Possibility 1 (in red): We are in an ED and E of ED got done in ABC
Possibility 2 (in blue): Larger C is going on and only 3 of C3 is done - We can head till 20500 (even lower) in this case.
In both cases we are either at bottom or within 5% of it. However, upside is big - at least 23500.
One good thing is that we recovered after a gap down in last 2 days, especially when US markets fell quite sharply yesterday.
Wait and watch time for traders. Deploy cash time for investors :)
USOIL Trade IDEA for upcoming session of Monday While looking at the candlestick pattern's and price movement of USOIL looks like there is no change in Support and Resistance zone's as shown in my last session idea but i'll mention levels again and also show them in chart 70.106 - 70.634 is no trade zone but a zone displayed by orange color 70.500-70.600 is resistance zone this zone is the good resistance zone price fall from this zone in the previous session and surprisingly for the upcoming session of monday it formed tweezer top ( Equal High ) in 15min TF highlighted by circle in chart so price should fall from this level and SL should be above Orange zone and we will follow the target levels as shown in chart as support levels alternative scenario is if our SL is triggered then we will wait for the price to go above 70.634 and closely watch it's price movement if it sustain above it then we will go for upside trade and target should be 71.676-71.976 zone highlighted in the chart .
GOLD chart analysis for Monday session 15M TFGold (XAUUSD) price closed at 2857 level in the last session after studying it in all time frame we've figured out some level's of it 2863 - 2868 is the nearest resistance zone and after that next resistance zone is 2877 - 2882 and 2853 is the nearest support level and after that next support is 2832.59 we will go simple here this time look for reversal or continuos pattern on the zones and level's and make trade placement according to them i'll follow my signal generation and trend direction indicator to place my trade , and here i've told you the levels which should work very well , be focused on candlestick pattern to get the best trade's.