GOLD TRADING POINT UPDATE < READ THE CHAPTIANBuddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 After FOMC meeting 🤝💯 trot aril analysis setup breakout one said that entry open 👐 target 2766 close above more Bull Trend target 2780 2803 if close below 👇 2740 next target we'll see 2730 2692 MA support
Key Resistance level 2766 + 2772 + 2786 + 2803 New ATH
Key support 2730 2692
Support 💫 My hard analysis setup like And Following 🤝 me that star ✨ game 🎮
Fomcnews
Dow Jones: Ready for a Bull Run?! Dow Jones is testing critical levels as it approaches a descending trendline. With strong support below and bullish momentum building, the question remains—will it break out for a rally or face resistance again?
Key levels:
1. Resistance Zones:
- 43,400.00
- 43,346.03
- 43,063.60
2. Support Levels:
- 42,815.04
- 42,450.00
- 42,229.91
3. Current Setup:
- The price is moving within a defined structure and testing the trendline resistance.
- A successful breakout above the trendline could signal the start of a bullish run.
- On the flip side, rejection at the resistance might lead to a retest of lower support zones.
How to Trade This:
- Bullish Strategy:
- Watch for a breakout above 43,063.60 with strong volume.
- Targets: 43,346.03 and 43,400.00.
- Stop Loss: Below 42,815.04.
- Bearish Strategy:
- If the price gets rejected near 43,063.60, consider short positions.
- Targets: 42,815.04 and 42,450.00.
- Stop Loss: Above 43,063.60.
Bottom Line:
Dow Jones is at a critical juncture. A breakout could lead to a significant upward rally, while failure to clear the trendline resistance may bring the price back into its support range. Stay alert and trade the breakout or rejection based on confirmation! 📈📉
DJ:DJI BLACKBULL:US30 DJ:DJI TVC:DJI
ICICI bank to test Pivot Levels , Selling may Continue till 1280After two Consecutive Selling sessions , it may or may not be a bearish moment in immediate session but to test pivot levels at 1280 and may bounce back to Higher Prices ,
Forming Lower lows consecutively , but didn't step into oversold zone still as per RSI ,
the 3 month trendline and Moving averages on daily chart shows it may test the pivot levels sooner ,
FII net buyer today but still prices were lower , if trend continues the FII may become selllers too , before going up , the prices may see some correction till 1280 in near future .
May hold buying or go short for short term .