Asian Paints struggles to recover, trades near oversold zoneTopic Statement:
Asian Paints has shown a weak recovery from its recent correction and suffered further downside in Friday’s market drop, now hovering in deeply oversold territory.
Key Points:
1. The stock continues to receive strong support at the 61.8% Fibonacci retracement level
2. Price is currently trading below both the 50 and 200-day EMAs, signaling an oversold condition and a strong long-term buying opportunity
3. It is moving within a short-term mildly bullish channel, though the momentum remains subdued compared to broader market trends
Fibonacci
XAUUSD – FIBO MATRIX Trading Plan | Key Levels for TodayMarket Snapshot
Gold is attracting steady buying interest as dovish Fed expectations keep the USD capped near 3-week highs.
At the same time, geopolitical tensions and tariff concerns add to safe-haven demand.
Focus now shifts to US PCE inflation data, which could trigger the next big move.
📍 Important Price Zones (M30)
🔴 SELL Reaction Zones
3767 – 377x → Major rejection area (Fibo 0.786).
3810 – 3817 → Strong SELL zone (Fibo 1.5 – 1.618).
🟢 BUY Support Zones
3725 → First support zone.
3690 – 3695 → Deep pullback support (Fibo confluence).
🎯 Trading Ideas
1️⃣ SELL Setup
Entry: 3767 – 377x (if rejection signal shows).
Targets: 3750 → 3725.
SL: Above 3778.
2️⃣ BUY Setup
Entry: 3725 with bullish confirmation.
Targets: 3760 → 377x.
SL: Below 3715.
3️⃣ Deep BUY Opportunity
Entry: 3690 – 3695 zone.
Targets: 3725 → 3760.
SL: Below 3685.
⚡ Trading Insights
Respect the Fibo reaction levels for clean entries.
Risk range: 6–8 USD to avoid stop hunts.
Book profits in steps: 1R → 2R → 3R for strong RR balance.
💬 Community Talk
Do you see gold breaking above 3770 first, or dropping to 3725/3695 before bouncing back? Share your chart view 👇
XAUUSD – Trading Plan: Gold Awaits PCE Catalyst📊 Market Context
Gold remains in consolidation mode after a sharp run earlier this week, holding steady below 3750. The market is now laser-focused on the US Core PCE Index, which could provide fresh direction for both the dollar and precious metals. With US yields stabilising and risk sentiment shifting, gold’s safe-haven appeal remains intact — but traders are weighing whether the recent pullback is a healthy correction or the start of a deeper retracement.
Meanwhile, the geopolitical backdrop continues to offer underlying support, while positioning in ETFs and futures suggests investors are cautious, awaiting clearer signals from the Fed. The upcoming data will likely decide whether gold breaks higher towards fresh highs or retests deeper liquidity zones.
🔎 Technical Analysis (H1/H4)
Price capped near short-term resistance at 3770–3772.
Immediate supports are 3741 and 3722, with deeper demand zones at 3690–3688 and 3670–3668.
The structure indicates possible liquidity sweeps before a decisive move.
🔑 Key Levels
Resistance / Sell Zone: 3770–3772
Support / Buy Zones: 3690–3688, 3670–3668
📈 Scenarios & Trading Plan
BUY ZONE 1: 3690–3688
SL: 3684
TP: 3695 - 3700 - 3710 - 3720 - 3730 - ???
BUY ZONE 2: 3670–3668
SL: 3664
TP: 3675 - 3680 - 3690 - 3700 - 3710 - ???
SELL ZONE: 3770–3772
SL: 3777
TP: 3765 - 3760 - 3750 - 3740 - ???
⚠️ Risk Notes
Watch for false breakouts at 3770–3772 before reversal.
PCE release may inject volatility across gold and USD pairs.
Position sizing and risk control are crucial into data.
✅ Summary
Gold is at a crossroads — safe-haven demand is still supportive, but technical resistance near 3770 remains a hurdle. Core strategy: buy dips into 3690–3670 zones, while staying cautious of short-term sell setups at 3770–3772. Manage exposure, wait for confirmation, and be prepared for volatility once PCE data hits.
📢 Follow MMFLOW TRADING for real-time updates and next-level trade setups.
L&T Finance – Story of Two Channels and the Heart of Wave 3The chart of L&T Finance tells a neat Elliott Wave story through channels and Fibonacci.
First, notice the two channels. The old descending channel captured the corrective W-X-Y down to ₹42.69. From there, price shifted into an ascending channel .
Look how cleanly price respected this structure:
Green Wave 1 kissed the upper line of the ascending channel.
Green Wave 2 bottomed at ₹58.50 — right at the intersection of both channels.
Green Wave 3 again touched the channel’s upper line, marking its high with precision.
Green Wave 4 rested at the lower line of the channel.
Within Wave 3, the strongest push came at ₹140.20 — the famous heart of Wave 3 (what traders call the 3-of-3-of-3). RSI also peaked there, confirming it as the most powerful thrust of the sequence.
Now, price has surged into Green Wave 5 , reaching ₹252.20 , which is already above the 1.618 Fibonacci extension. It could extend higher, but RSI is diverging — momentum is not confirming the new highs.
That makes me cautious. While my view is leaning bearish, I don’t want to chase the upside here. Confirmation will come only if price falls back inside the ascending channel . Once that happens, I’ll update bearish targets based on fresh price action.
For now, the chart has delivered a textbook lesson: two channels, a Fibonacci story, and the heart of Wave 3 flashing exactly where it should.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
Will Fibonacci Levels Hold? Key Areas to WatchThis chart combines price action with key Fibonacci retracement and extension levels to anticipate potential support or reversal zones. Price is currently testing the crucial 0.618 retracement (24,801.50) after a notable downward move. RSI is also reacting near its own significant levels, aligning with both 0.618 on the downside (37.8) and the 1.414 extension (70.6) on the upside. Watch for reactions at these levels for clues on whether price will bounce or continue to the next fib zone, especially with momentum indicators confirming support/resistance confluence.
Dixon nears lifetime high after sharp recoveryTopic Statement:
Dixon has rebounded strongly in line with the broader market rally but now approaches critical resistance levels that may cap further upside.
Key Points:
1. The stock retraced to the 38.2% Fibonacci level where it found strong support and resumed its upward move
2. The 50-day EMA acted as a deflection point, offering additional support during the recovery
3. Price is now at its lifetime high near the 18,000 mark, where a double top candlestick pattern is forming
4. The double top indicates significant resistance, making it a potential shorting opportunity unless a breakout confirms further bullishness
Hindustan Copper – Breakout or Double Top?After completing an impulse up to 287.65 (Wave 1) and correcting down to 226.70 (Wave 2), Hindustan Copper is now powering higher in what looks like Wave (iii) of 3.
Wave count : Wave 2 bottomed at 226.70, setting the stage for Wave 3.
Current move : Sub-waves (i) and (ii) are done, and price is pressing into resistance at 287.
Breakout zone : A decisive move above 287 could confirm the Wave 3 extension. Failure here risks a pause or even a double top.
Retracement supports : 272.75 (0.236) and 263.95 (0.382) are likely pullback zones if Wave (iv) comes into play.
Momentum check : Volume has spiked aggressively, adding weight to the bullish case, while RSI is overbought — suggesting short-term cooling is natural.
Summary : 287 is the key make-or-break zone. Break it cleanly, and Wave 3 marches forward. Fail, and we may see a corrective detour first.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
XAUUSD – The SELL trend has been confirmed
Technical Analysis
After a strong rally hitting the resistance zone of 3770–3780, gold (XAUUSD) failed to maintain momentum and began forming consecutive declines. This signals that selling pressure is dominant in the short term.
The 3767–3769 zone coincides with a local resistance, where the market has reacted multiple times → confirming its role as a distribution zone.
Fibonacci Retracement levels from the most recent upward wave show the 0.618 area around 3700–3705 acting as short-term support, where a technical rebound may occur.
The 3673–3675 zone confluences with Fib 2.618 and EMA200 → strong support, considered the main Buy zone for long-term buyers.
RSI (14) is currently below 50, momentum leans towards a decline, confirming that a corrective trend is prevailing.
Trading Scenario
SELL Scenario (trend-following priority):
Entry: 3767–3769
SL: 3775
TP: 3755 – 3740 – 3733 – 3710 – 3694
Buy scalping Scenario (short-term support reaction):
Entry: 3701–3704
SL: 3698
TP: 3710 – 3722 – 3736
Buy zone Scenario (priority for medium-term rebound):
Entry: 3673–3675
SL: 3666
TP: 3688 – 3696 – 3705 – 3720 – 3736
Price zones to watch
3767–3769: important resistance, priority Sell zone.
3700–3705: short-term support, potential Buy scalping area.
3673–3675: main Buy zone, confluence of support + Fibonacci.
3694 and 3736: key intermediate levels, where partial profit-taking is advisable.
The main short-term trend is leaning towards SELL, however, important support zones may offer opportunities for counter-trend Buy or trend-following Buy after price correction.
This is a reference scenario based on resistance – support and Fibonacci. Follow me if you love trading gold and want to read the latest analyses in the community.
Gold shakes violently | Priority Buy on dip to support🟡 XAU/USD – 24/09 | Captain Vincent ⚓
🔎 Captain’s Log – Context & News
Geopolitics : Trump unexpectedly supported Ukraine reclaiming full territory and called on NATO to be tougher on Russia → defensive sentiment returned, supporting Gold.
US Economy : Housing data due today, no FED speeches.
Earlier: Weak US PMI + dovish FED tone → no momentum for a prolonged downtrend.
Price Action : Gold dropped more than 20 points overnight, then quickly rebounded to 3,76x → likely profit-taking pressure at higher levels.
⏩ Captain’s Summary : Main trend stays bullish, but the voyage will remain choppy as Gold absorbs profit-taking near resistance.
📈 Captain’s Chart – Technical Analysis (H45)
Golden Harbor (Support / Buy Zone)
Buy Scalp OB: 3,754 – 3,757
OB Harbor: 3,741 – 3,744
Storm Breaker (Resistance / Sell Zone)
Sell Scalp Zone: 3,797 – 3,800
Higher Sell Zone: 3,813 – 3,815
Market Structure
After the deep drop, Gold rebounded and held above 3,76x.
Bullish trend remains intact, but waves of volatility may occur near higher resistance zones.
🎯 Captain’s Map – Trade Plan
✅ Buy (priority)
Buy Scalp OB
Entry: 3,754 – 3,757
SL: 3,747
TP: 3,762 – 3,767 – 3,772 – 3,777 – 3,782
Buy Zone OB
Entry: 3,741 – 3,744
SL: 3,732
TP: 3,749 – 3,754 – 3,759 – 3,764 – 3,769
⚡ Sell (short scalp – lower RR)
Sell Scalp Zone
Entry: 3,797 – 3,800
SL: 3,806
TP: 3,795 – 3,790 – 3,785 – 3,780 – 3,775
Higher Sell Zone
Entry: 3,813 – 3,815
SL: 3,823
TP: 3,810 – 3,805 – 3,800 – 3,795 – 3,790
⚓ Captain’s Note
“The Golden ship rocked violently overnight but still anchored firmly at Golden Harbor 🏝️ (3,754 – 3,741) . Profit-taking waves may still rise at Storm Breaker 🌊 (3,797 – 3,815) , suitable for short Quick Boarding 🚤 scalps. Yet the main voyage continues north – Buy the Dip remains the compass to follow the strong winds.”
📢 If you find the Captain’s Log useful, don’t forget to Follow for the latest signals.
💬 Got your own view on Gold? Share it in the comments and join the crew discussion!
Gold hits record 3,759 | Safe-haven flows surge back🟡 XAU/USD – 23/09 | Captain Vincent ⚓
🔎 Captain’s Log – Context & News
Today Gold surged nearly +2% , hitting a record $3,759/oz .
Geopolitical tensions : Israel launched missiles into Lebanon, killing 5 (including 4 US citizens) → safe-haven demand rushed back into Gold.
USD weakened , capital flowed out of stocks & bonds → strong support for precious metals.
ETFs & speculators : heavy buying amplified the rally.
Silver : jumped to its highest level in 14 years, reinforcing strength in the precious metals sector.
⏩ Captain’s Summary : Gold is fueled by geopolitics, macro factors, and safe-haven demand. But after a hot rally, the big question: continue breaking highs or face sharp swings if the FED shifts tone?
📈 Captain’s Chart – Technical Analysis (H45)
Storm Breaker (Resistance / Sell Zone)
3,771 – 3,787 (Fibo 0.5–0.618 confluence, ATH test zone)
Golden Harbor (Support / Buy Zone)
Near support: 3,740 (previous high turned support)
OB Dock: 3,717 – 3,723
Breakout Harbor: 3,689 – 3,691
Market Structure
Gold broke out to Higher High around 3,755 – 3,759.
Main trend remains bullish, but prone to volatility / pullback after a hot rally.
🎯 Captain’s Map – Trade Plan
✅ Buy (trend-follow priority)
Buy Zone 1 (OB)
Entry: 3,717 – 3,723
SL: 3,707
TP: 3,725 – 3,730 – 3,735 – 3,740 – 3,750
Buy Zone 2 (Breakout Retest)
Entry: 3,689 – 3,691
SL: 3,678
TP: 3,699 – 3,710 – 3,7xx
⚡ Sell (short-term scalp if overbought)
Sell Zone (ATH test)
Entry: 3,783 – 3,785
SL: 3,795
TP: 3,759 – 3,740 – 3,717
⚓ Captain’s Note
“The geopolitical storm pushed the Golden sails past 3,759. Golden Harbor 🏝️ (3,717 – 3,689) is the safe dock for sailors to board the northbound trend. Storm Breaker 🌊 (3,771 – 3,787) may raise heavy waves, suitable for short Quick Boarding 🚤 scalps. The main voyage remains bullish, but after a hot rally, sailors must keep a firm hand on the helm to avoid being thrown off by choppy swings.”
Long JSWINFRA - Short term Investment# JSW Infrastructure Limited (NSE) - Technical Analysis Report
Current Price: 335.80
Key Technical Observations
**Bullish Breakout Setup**
- Breakout Level: Above 356 for conservative trade
Consolidation phase completing before potential breakout (BO) & Stock trading near resistance zone.
Price Targets
- Target 1: 352.90 (0.618 Fibonacci level)
- Target 2: 389.50 (0.786 Fibonacci level)
- Target 3: 411.30 (0.886 Fibonacci level)
- Target 4: 436.15 (1.0 Fibonacci extension)
- Moving Average: SMA showing upward momentum at 296.13
- Fibonacci Retracement : 61.8% level acting as immediate resistance
Chart Pattern Analysis
- Hidden Divergence on the chart suggesting underlying strength
- Consolidation Phase after pullback from 0.618 fib levels and Recent sideways movement indicating accumulation
Risk Management
- Support Level of the recent consolidation low around 280-300 zone
- Stop Loss: Conservative traders should consider stops below 320 on candle close basis.
Conservative Traders:
- Wait for decisive breakout above ₹356 with volume confirmation
- Enter on pullback to ₹340-345 range after breakout
- Target progressive profit booking at mentioned Fibonacci levels
Disclaimer: This analysis is for educational purposes only. Please conduct your own research and risk management before making investment decisions.
Weekly Candle Closes High | Prioritise Buying on Pullback to Sup🟡 XAU/USD – 22/09 | Captain Vincent ⚓
🔎 Captain’s Log – Quick Overview
Last week, gold closed around 3,685, paving the way for further advancement and a new ATH.
After the FED cut 25bps, Powell's 'brake' remarks slowed the rise, but the larger trend remains bullish.
This morning, prices surged to 3,697.xx, now slightly adjusting around 3,692 – 3,690 → a sensible strategy: wait for a pullback to continue Buying.
⏩ Captain’s Summary: The gold voyage still heads North, Buying remains the main choice, but wait for a pullback to board.
📈 Captain’s Chart – Technical Analysis
Golden Harbor (Support / Buy Zone):
Thin support: ~3,698 (recently broken old range top).
OB Dock: 3,687 – 3,690.
FVG Dock: 3,672 – 3,676 (liquidity check on deep pullback).
Storm Breaker (Resistance / Sell Zone):
3,714 – 3,720 (supply cluster / old ATH – likely to react).
Price Structure:
Continuous BoS series, price breaks short-term up channel and creates higher highs → bullish remains the main trend.
🎯 Captain’s Map – Trading Plan (before US session)
✅ Buy (trend priority)
Buy Zone 1
Entry: 3,698 – 3,701
SL: 3,688
TP: 3,706 – 3,714 – 3,720+
Buy Zone 2 (OB)
Entry: 3,687 – 3,690
SL: 3,680
TP: 3,698 – 3,706 – 3,714 – 3,72x
Buy Zone 3 (FVG)
Entry: 3,672 – 3,676
SL: 3,664
TP: 3,687 – 3,706 – 3,714
⚡ Sell (only scalp when overbought)
Sell Zone (ATH test)
Entry: 3,740 – 3,738
SL: 3,750
TP: 3,730 – 3,690 – 3,695
Captain’s Note ⚓
“The new week kicks off with a high-closing candle, the gold vessel continues its bullish course. Golden Harbor 🏝️ (3,690 – 3,672) is a safe anchorage for the crew to watch for Buys. Storm Breaker 🌊 (3,714 – 3,720) is the wave crest where winds may rise, suitable for Quick Boarding 🚤 short scalps. Before the US session, the seas might get choppy – hold the helm tight and manage volume wisely.”
SHRIRAM FINANCE LIMITED ( 1D ) 🔑 KEY LEVELS 🔑
✔ Fibonacci Retracement 50%
✔ Trend Line Act as Resistance.
✔ RSI Also Overbought Zone.
🎯 TRADING PLAN 🎯
✔ Near the key levels , Bearish Engulfing
Candlestick Pattern has formed.
✔ The Entry Point is @ 625.45
✔ The Stoploss Point is @ 638.00
✔ The First Target is @ 577.00
✔ The Second Target is @ 553.00
💡 A Trader must be Strategic , Patience ,
Confident , Discipline & Protective. Like
A Lion.
Disclaimer : All Information is for
Educational & Informational
Purpose Only. Not a Buy / Sell
Recommendation. You are
Solely responsible for your
Trading & Investment
Decisions.
Positional or Long-term Opportunity in TIINDIAGo Long @ 3003.3 for Targets of 3330, 3830, and 4650 with SL 2820
Reasons to go Long :
1. On Weekly timeframe if we draw Fibonacci retracement from the all time swing low (A) to the all time swing high (B) then the stock took support from the 0.5 Fibonacci level.
2. In addition to this, the stock formed a Double Bottom Pattern (W) around 0.5 Fibonacci level.
3. After retracing the stock formed pole & flag pattern & gave breakout.
NZDCHF Bullish OpportunityICMARKETS:NZDCHF is forming nice Lower Lows and Lower Highs on Daily time frame with a strong Bearish Trend.
I was eying on Double Bottom but it broke that level too.
Also I was looking after H4 time frame to let the price create a bullish divergence while still got loads of benefits from its bearish move.
Now when we check H1 timeframe it formed a nice diveregence with an expected full back at 0.4675.
The Bearish Daily trendline on Daily time frame stops us from getting more greater reward yet we are going bullish aiming our 2nd TP to that area.
I will take two positions both at the breakout Higher Low at 0.4675. Both position has 2% risk in total with the stop loss at 0.4643
IMPORTANT: Move the SL to BE after TP1 hits to aim for your 2nd TP with 0 risk.
Position 1 with 1 % Risk
Buy Stop: 0.4675
Stop Loss: 0.4643
TP: 0.4707
Position 1 with 1 % Risk
Buy Stop: 0.4675
Stop Loss: 0.4643
TP: 0.4730
EURAUD Bearish SetupIf we look at H4 chart of ICMARKETS:EURAUD , it made a great reversal and formed a bearish Engulf at 70% Fib Level.
The H4 timeframe is forming a slid rationality to be bearish on H1 timeframe. The targets may take a week or so to hit while the SL may hit within a few days.
On H1 timeframe the MACD showed overboughtness and the price is probably to change its trend from Bullish to bearish.
the MACD divergence is second by Lower High formation indicating a bearish signal.
Now we need a confirmation for the price to cross the HIgher Low at 1.7795.
I will place a sell stop order 1.7793 with my SL at the Higher High at 1.7863
I will take two positions both at the breakout Higher Low at 1.7793. Both position has 2% risk in total with the stop loss at 1.7863
Note: The Sell stop order is a must. If its not triggered then we are not aiming for any other trade.
Important: If TP1 Hit, we will move our SL to Break even to trade the rest 2.5x reward with 0 risk.
Position 1 with 1 % Risk
Sell Stop: 1.7793
Stop Loss: 1.7863
TP: 1.7723
Position 1 with 1 % Risk
Sell Stop: 1.7793
Stop Loss: 1.7863
TP: 1.7615
Gold Hits New Record: Should You Buy or Sell in This Hot Market?Namaste traders,
This past week, gold surprised everyone by closing strong. On Friday (19/09), it moved higher again, marking its 5th consecutive weekly gain at $3,683.24/oz, while futures touched $3,718.50/oz. This surge followed the Fed’s rate cut, which many thought would cool the yellow metal. So, is this a genuine rally or just a bull trap?
Fundamentals: Rate Cut Pushes Gold Higher
Lower interest rates reduce the cost of holding gold.
Fed’s dovish signals raised expectations for more easing.
In India, physical gold demand is at a 10-month high, while China also shows strong appetite despite higher prices.
Technical Outlook
Gold broke its downward trendline, signaling bullish continuation. Buyers are in control.
This Week’s View: Focus on buying near-term targets at $372x and $373x, but stay alert to macro news.
Trading Setups (with strict risk management):
Buy Scalp: $3671–$3669 | SL: $3666 | TP: $3674–$3694
Buy Zone: $3657–$3659 | SL: $3647 | TP: $3669–$3709
Sell Scalp: $3713–$3715 | SL: $3719 | TP: $3705–$3785
Sell Zone: $3731–$3733 | SL: $3741 | TP: $3723–$3683
Will gold shine brighter and set another all-time high? Share your view! 👇
XAU/USD – Captain Vincent Weekly Plan🔎 Captain’s Log – Context
📈 Main Trend : Strong uptrend after BoS.
📊 Price moving sideways within the rising channel, staying below Weak High 3674 .
📌 EMA 50 > EMA 200 → bullish trend remains solid.
🎯 Captain’s Map – Trading Scenarios
1️⃣ Golden Harbor (BUY – Main Priority)
🎯 Entry:
FVG Dock: 3602 – 3593
FVG Deep: 3567 – 3560
OB Harbor: 3535 – 3540
⛔ SL: below 3520
✅ TP1: 3674 (sweep Weak High)
✅ TP2: 3720 – 3740
2️⃣ Quick Boarding (Short-term SELL – Counter-trend)
Condition: If price breaks 3674 first → watch for false break.
🎯 Entry: 3670 – 3680
✅ TP: back to 3602 – 3567
⚠️ Note : scalp only, don’t hold long.
3️⃣ Storm Breaker Alert (Bearish Scenario)
If 3535 breaks → short-term uptrend invalidated.
🎯 Bearish target: 3480 – 3500
Captain’s Note ⚓
“The golden sail still catches the wind after BoS, leading the captain and crew on the bullish tide. Golden Harbor 🏝️ (3593 – 3560 – 3535) remains the preferred docking point to load cargo and continue the voyage. Quick Boarding 🚤 at Storm Breaker 🌊 (3670 – 3680) is only a short ride when the ship sweeps liquidity at Weak High 3674 . Should 3535 break, the ship might be dragged toward 3480 – 3500, but as long as it anchors at Golden Harbor, the grand journey still heads north toward 3720+.”
Gold Market Analysis: September 20, 2025Gold (XAU/USD) continues its remarkable bullish run in 2025, driven by persistent geopolitical tensions, central bank buying, a weakening US dollar, and expectations of further Federal Reserve rate cuts. As of today, the spot price stands at approximately $3,685 per ounce, marking a 1.06% increase from the previous day and a staggering 40.47% year-over-year gain. This follows a 26% rise in the first half of the year and nearly 41% year-to-date, with the metal recently touching an all-time high near $3,707 earlier this month. The market remains in a structural uptrend, though short-term volatility—exacerbated by the recent FOMC meeting—has led to some profit-taking and consolidation.
Technical Analysis
Gold's chart on the daily and H1 timeframes shows a bullish bias, with the price trading above key moving averages (50-day MA at $3,520 and 200-day MA at $3,200). The recent pullback from $3,707 appears corrective, testing demand zones around $3,638-$3,644 where buyers stepped in aggressively.Key Support Levels:Immediate: $3,644–$3,638 (recent demand zone; strong buying interest here).
Long term Support and resistance
Support : $3,525–$3,580
Key Resistance Levels: $3,900 - $4,000
Trend Bullish
~~ Disclaimer ~~
This analysis is based on recent technical data and market sentiment from web sources. It is for informational \ educational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
# Boost and comment will be highly appreciated.
COFORGE LIMITED ( 1D ) 🔑 KEY LEVELS 🔑
✔ Fibonacci Retracement 61.80%
✔ Trend Line Act As Resistance.
✔ RSI Also Overbought Zone.
🎯 TRADING PLAN 🎯
✔ Near the key levels , Bearish Engulfing
Candlestick Pattern has formed.
✔ The Entry Point is Below @ 1792.10
✔ The Stoploss Point is @ 1830.00
✔ The First Target is @ 1681.00
✔ The Second Target is @ 1601.00
💡 Never, ever argue with your trading
System.
Disclaimer : Educational & Informational
Purpose Only. Not a Buy / Sell
Recommendation.
Gold holds firm at 3,63x | Caution for Friday session🟡 XAU/USD – 19/09 | Captain Vincent ⚓
🔎 Captain’s Log – Market Context
FED : Probability of a 25bps cut in October is 91.9%, while holding rates is only 8.9% → almost certain FED will continue easing.
US News : No major data today, market remains quiet.
Gold : Sharp moves in Asia session, but support 3,632 – 3,630 held strong.
Yesterday’s Buy at 3,62x delivered 200 pips , confirming this zone as a “fortress” support.
Note : Today is Friday – end of the week session, unexpected volatility may occur before the weekly close → strict risk management required.
⏩ Captain’s Summary : Gold remains bullish, but caution is needed with end-of-week swings. Golden Harbor around 3,63x continues to be a solid anchor.
📈 Captain’s Chart – Technical Analysis
Storm Breaker (Resistance / Sell Zone)
3,661 – 3,663 (intraday resistance)
3,683 – 3,685 (strong OB, likely profit-taking zone)
Golden Harbor (Support / Buy Zone)
3,602 – 3,605 (FVG zone – deeper support if 3,63x breaks, waiting for strong demand)
Market Structure
After rebounding from 3,62x, Gold consolidated around 3,65x – 3,66x.
Main trend stays bullish, but needs support retest to confirm buyers’ strength.
3,66x is the pivot barrier:
• Breakout → targets 3,68x
• Rejection → retest 3,64x – 3,62x
🎯 Captain’s Map – Trade Plan
✅ Buy (priority)
Entry: 3,602 – 3,605
SL: 3,588
TP: 3,629 – 3,661 – 3,683
⚡ Sell (short scalp)
Entry: 3,683 – 3,685
SL: 3,695
TP: 3,665 – 3,645
⚓ Captain’s Note
“The 3,63x fortress continues to hold, keeping the Golden ship safe on its northward journey. Golden Harbor 🏝️ (3,602 – 3,605) remains the main dock for sailors to gather strength. Storm Breaker 🌊 (3,683 – 3,685) may raise waves, suitable for short Quick Boarding 🚤 . Today is Friday – the sea can shift unexpectedly, so keep the sails full but hands steady on the helm.”
MOTHERSON (Weekly + Daily Analysis)Disclaimer: This is my personal analysis for educational purposes only. I am not SEBI-registered. Please consult your financial advisor before making any trading decisions.
🔎 Weekly Chart Setup
On the weekly timeframe, when plotting Fibonacci from the bottom (below 200 EMA) to the top (above 200 EMA):
Price retraced to the 0.5 level.
After holding this zone, it is again moving towards the highs.
📈 Daily Chart Confirmation
Entry near CMP ~95.16.
Stop Loss: below 0.618 Fibonacci retracement → around 85 (safer SL).
Once the price crosses the first target, SL can be revised upward to the 0.5 level (~89–90).
🎯 Targets
First Target: Weekly high → 103–108
Second Target: 116
Third Target: 126
Final Target: 143
⚖️ Risk-Reward
Initial SL: 85
Entry: 95.16
Multiple profit targets with an approximate R:R > 1:5.
📌 Summary:
Weekly chart supports a bullish continuation after holding the 0.5 retracement.
The daily chart provides a clear risk-defined setup with a stop below 0.618.
Scaling out at targets and trailing SL increases the probability of locking profits.