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Simple CUP Pattern looking like a Diwali Diya Happy Diwali to All Traders! This Diwali, the chart tells a special story—a classic cup breakout, but look closely and you'll notice it also resembles a beautifully lit diya. Just like Diwali celebrates the light conquering darkness, this breakout is a reminder of the power of patience, conviction, and disciplined observation in trading. The cup pattern, much like the diya, signifies a period of accumulation, resilience, and hope before an illuminating breakout. As traders, we learn that enduring through the consolidation (the “darkness”) allows us to witness the rewarding move (the “light”) when the right moment comes. May this Diwali fill your life and trading journey with wisdom, clarity, and prosperity. Wishing everyone strong breakouts, bright candles, and the perseverance to hold your lamp high, both in the markets and in life.
NSE:ADANIPOWERLong
by Averoy_Apoorv_Analysis
XAUUSD: Unstoppable Surge - Is Money Leaving Bitcoin for Gold?XAUUSD: Unstoppable Surge - Is Money Leaving Bitcoin for Gold? Hello traders community, XAUUSD (Gold) is showcasing extraordinary strength, continuously breaking records and reaching new heights. The upward momentum seems relentless, despite technical indicators entering the "overbought" zone. While Gold shines, the Crypto market is witnessing selling pressure, indicating a clear shift of safe-haven capital. This analysis will delve into the factors driving the market and outline a detailed trading strategy for this tidal wave. 📰 Macro Analysis & Capital Flow The market is being led by a very clear narrative: Capital is seeking the ultimate safe haven. Gold Ascends, Bitcoin Challenges: The contrasting movements between the two assets considered "digital gold" and "physical gold" is the most notable highlight. While XAUUSD continuously sets new peaks, Bitcoin has plummeted sharply after hitting a historic high, currently struggling at the critical support level of $107,000. If this level breaks, a new wave of selling could be triggered, further driving capital flow into Gold. "Doping Dose" from the US Economy: Gold's strength is bolstered by the weakening USD. Factors such as the potential US government shutdown and particularly the market betting that the Fed will continue cutting interest rates to support a slowing economy have reduced the allure of the greenback and interest-bearing assets. Global Uncertainty: Trade uncertainties and escalating geopolitical tensions cannot be overlooked. In a risk-laden environment, Gold remains the top choice for institutional investors and central banks to preserve value. 📊 Technical Analysis The M30 chart shows a perfect and sustainable bullish structure. Ascending Channel: The price is moving very disciplined within an upward sloping channel. The lower support line of the channel is an extremely important dynamic support area. Key Support Zone - "Buy Zone": The $4285 - $4287 area is a confluence of the lower channel line and the old structure zone. This is an ideal area for Buyers to wait, watching for corrections to join the main trend. Resistance and "Breakout": The price has formed a short-term sideways structure after forming a peak around $4380. A confirmed "breakout" through this area will open up the next upward space, targeting higher liquidity zones. Next Target - "Sell Liquidity": The liquidity zone of the Sellers and the extended target of this bullish wave lies at $4468 - $4470, corresponding to the 1.618 Fibonacci Extension level. This is where profit-taking pressure and sellers may appear. 🎯 Detailed Trading Plan The main strategy is "Buy the Dip" - Look to buy when the price corrects to key support areas. Sell orders should only be considered when there is a clear reversal signal at strong resistance zones. Scenario 1: Trend Following Buy (Priority) 📈 Entry Zone: $4285 - $4287. Stop Loss: $4280. Take Profit: $4310 - $4355 - $4377 - $4400. Scenario 2: Counter-Trend Sell (High Risk) 📉 Entry Zone: Look to sell at the liquidity zone above $4468 - $4470. Stop Loss: $4476. Take Profit: $4453 - $4423 - $4410 - $4388. Conclusion Gold's upward momentum is supported by both technical factors and solid macro narratives. Although the price is in the overbought zone, the saying "never fight a strong trend" is absolutely true at this moment. Minor corrections, possibly to the EMA zone or the lower channel line, should be seen as opportunities to increase Buy positions. Trade with discipline and manage your capital tightly. Wishing everyone a successful trading day! Follow me to get the earliest strategies.
OANDA:XAUUSDLong
by Steven-GoldTrading
Gold Plan | Where will gold drop today?🔍 Market Context Gold continues to maintain a short-term upward trend following a series of Break of Structure (BoS) , confirming active buying from lower zones. Currently, the price is approaching the ATH GOLD zone and heading towards the Liquidity Sell Zone 4,281 USD – a densely liquid area where short-term sell reactions from major players may occur. After a hot rise, technical correction risks are starting to increase. Lower zones like 4,186 – 4,152 – 4,130 USD will be potential “accumulation zones” for institutional buyers in the upcoming pullback. 💎 Technical Analysis ATH GOLD: 4,275 – 4,280 USD Liquidity Sell Zone: 4,281 – 4,285 USD → high liquidity resistance area, may trigger short-term reversal reactions. Liquidity Zone $$$: 4,186 – 4,152 USD → crucial support area in the uptrend, where technical reactions are expected. FVG – BoS Zone: 4,152 – 4,148 USD → “price balance” zone yet to be filled, likely to be retested. OB Deep Zone: 4,130 – 4,120 USD → deep demand zone converging with Fibo 0.786 – ideal area for large capital to re-accumulate. Overall structure remains bullish , but in the premium zone – an area where institutions typically distribute orders to gain liquidity before adjusting. 📈 Trading Scenarios 1️⃣ Main Scenario – Sell reaction at Liquidity Zone 4,281 USD When the price hits the 4,275 – 4,281 USD zone and clear reversal signals appear (rejection candles, bearish engulfing, or minor structure break), → open short-term sell orders (scalp/intraday). Target: 4,186 → 4,152 USD. Stop Loss: above 4,285 USD. ➡️ This is a typical “liquidity sweep – technical reaction” scenario, capitalising on short-term sell-offs at high liquidity peaks. 2️⃣ Secondary Scenario – Buy back following the main trend after correction When the price corrects to the 4,186 – 4,152 USD zone or deeper to OB Deep 4,130 USD , and clear upward confirmation signals appear (strong rejection or minor BoS increasing again), → open buy orders in line with the main trend. Target: 4,230 → 4,275 USD. Stop Loss: below 4,120 USD. ➡️ Trend-following scenario – waiting for price correction to discount zones to accumulate in line with the larger trend. ⚠️ Risk Management Do not FOMO buy when the price is hitting the 4,275 – 4,281 USD zone. Prioritise short-term sells with clear confirmations or buys at lower OB zones. Keep light volume when trading against the main trend. Observe reactions at the 4,186 zone – this is the key level of the day. 💬 Conclusion Gold is at the peak of the current rise , short-term profit-taking pressure may appear around the 4,281 USD zone. If strong reactions occur, a correction to the 4,186 – 4,152 USD zone is reasonable for market rebalancing. The larger trend remains upward , so lower OB zones will be reasonable buy opportunities for the next wave. 👉 Reasonable Strategy: Sell reaction at 4,281 USD when reversal signals appear. Buy back at 4,186 – 4,152 – 4,130 USD when confirmation signals appear.
OANDA:XAUUSDShort
by CaptainVincent
Steven-GoldTrading – XAUUSD: Completion of Wave 5Steven-GoldTrading – XAUUSD: Completion of Wave 5, Awaiting Strong ABC Correction Wave Hello trading community, Gold continues to make waves as it extends its record-breaking rally, setting a new all-time high above 4,240 USD. However, after a strong upward cycle, technical signals indicate a short-term correction (ABC Wave) is forming to gather liquidity before the uptrend resumes. 🧭 Technical Analysis (30m Chart – XAUUSD) Based on the 30-minute chart, the price structure suggests the possibility of:Completing Elliott Wave: Gold seems to have completed the 5th Impulse Wave (Elliott Wave 5), reaching the peak area near 4240 USD. ABC Wave Forming: After Wave 5, the market tends to enter a correction phase following the ABC Wave pattern. Wave A: Formed from the peak of Wave 5 to the 4200 USD area. Wave B: Currently in progress (recovering upwards). Wave C: The preferred scenario is a deeper corrective drop to the Buy Support area to gather enough liquidity for the next upward move. Liquidity Zones to Watch:Sell Resistance (Sell Scalping): Around 4240 – 4270 USD. This is the technical peak and the final resistance of the price channel, ideal for scalping sells.Buy Support: Area 4170 – 4180 USD. This is a crucial support zone where Wave C is expected to end to trigger the next upward move. 🎯 Intraday Trading Scenario (Europe & US) Today's preferred scenario is to watch for selling (Sell) to catch the corrective wave and then watch for buying (Buy) at strong support zones. 📉 Sell Scalping (Priority to sell to catch corrective Wave C) Based on the expectation that the price will complete Wave B and start Wave C down to gather liquidity.📍 Entry: 4266 – 4268 (Watch for selling at the channel peak resistance) 🛑 SL: 4275 🎯 TP: 4245 - 4222-4210.5 (Targeting the temporary support zone) 📈 Buy Swing (Following the main trend)Wait for the price to correct deeply to the important liquidity zone before rising again. 📍 Entry: 4181 – 4183 (Buy Support area – where Wave C ends) 🛑 SL: 4175 🎯 TP: 4190 - 4205 - 4233 - 4250 (Targeting a breakout of the peak) 📌 Fundamental View & Conclusion Main Driver: Gold prices remain firm near historical highs due to sustained safe-haven demand and expectations that the Fed will cut interest rates in the future (long-term supportive factor).Conclusion: Gold is in a short-term technical correction phase (ABC Wave) during the European and US sessions to consolidate the foundation before continuing the uptrend. 4180 USD is an extremely important liquidity zone to trigger a new upward move. 👉 Follow me for detailed updates as the price approaches the outlined Entry zones!
OANDA:XAUUSDShort
by Steven-GoldTrading
XAUUSD: Profit-Taking Pressure Emerges XAUUSD: Profit-Taking Pressure Emerges - Trading Strategy as Gold Adjusts Hello traders community, Today's trading session witnessed a strong "Price Rejection" of XAUUSD at the new peak, triggering a nearly $20 drop. Although the long-term bullish structure remains intact, the profit-taking signal from buyers is evident. This article will delve into the analysis of key price zones and outline a detailed trading strategy in the context of the adjusting market. 📊 Technical Analysis The H1 chart provides us with an overview of the current liquidity zones and price structure: Fibonacci Resistance Zone: The price reacted strongly at the confluence of the 2.618 Fibonacci Extension levels, around the $4240 area. A strong bearish candle emerged right after the price touched this zone, confirming it as an extremely potential "Sell zone." Sellers have officially stepped in. Point of Control (POC) and Liquidity: The Volume Profile (VPVR) indicator shows the area with the highest trading volume concentration (POC) is at $4196. This is the "magnet" zone attracting price in the short term. If the price recovers, this will be the decisive tug-of-war zone. Key Support Zones: $4196 (Buy Scalping): The POC zone acts as the first price support point. Scalping traders can look for short-term buying opportunities here. $4158 (Buy Zone): This is a stronger support zone, the bottom of the previous uptrend, and also an area with significant trading volume. Buyers are likely to return strongly if the price adjusts here. 📰 Market Sentiment Profit-Taking Pressure: After a hot growth streak, Gold's sharp drop of nearly $20 is a healthy adjustment move. The selling force mainly comes from short-term profit-taking traders. "Sharks" Still Accumulating: Notably, while the price adjusts, the world's largest gold ETF, SPDR Gold Trust, increased its gold holdings by 1.15 tonnes. This move shows that large institutions remain optimistic about Gold's long-term prospects and are taking advantage of the dip to accumulate more. This is a signal contrary to short-term price action, which traders need to pay special attention to. 🎯 Actionable Trading Plan With the current technical signals and market sentiment, we prioritize the strategy of selling when the price recovers (Sell the Rally). Scenario 1: Sell on Downtrend (Sell) 📉 Entry Zone: Wait for the price to recover to the $4228 zone. This is the "retest" area of the liquidity zone previously controlled by sellers. Stop Loss: $4235, above the nearest minor peak. Take Profit: $4210 - $4188 - $4165 - $4133. Scenario 2: Buy at Strong Support (Buy) 📈 Entry Zone: If the price continues to drop, look to buy at the "Buy zone" $4158. Stop Loss: $4150, a safe level below the support zone. Take Profit: $4173 - $4190 - $4205 - $4230. Scenario 3: Short-Term Scalping (Scalping Buy) ⚡️ Entry Zone: Quick buy at the POC zone $4196. Stop Loss: $4188, a short and tight stop loss level. Take Profit: $4210 - $4228. Summary In the short term, sellers are temporarily dominant after Gold failed to conquer the $4240 resistance zone. The main strategy is to sell when the price recovers. However, the buying action of the SPDR fund indicates that the medium and long-term uptrend remains very solid. Therefore, buying orders at strong support zones like $4158 are also an opportunity not to be missed. Trade with discipline and manage your capital tightly. Wishing all traders an effective trading day! Note: This analysis is based on personal views and is for reference purposes only, not direct investment advice.
OANDA:XAUUSDShort
by LiamTradingFX
XAU/USD – Buyers Reclaim Structure, Targeting Liquidity Zone🔍 Market Context After a strong Liquidity Sweep yesterday, gold has rebounded and formed consecutive Break of Structure (BoS) , confirming buyers have regained control. The price has now filled the Fair Value Gap (FVG 4,191 – 4,202) and is heading towards the Sell Liquidity Zone 4,237 – 4,240 USD — a concentration of pending sell orders and stop-losses from previous short positions. The current structure shows strong bullish momentum , however, the possibility of a correction from this high liquidity area is noteworthy. 💎 Technical Analysis Liquidity Sweep: Completed, clearing liquidity below 4,070. FVG (Fair Value Gap): 4,191 – 4,202 → filled, confirming price balance. Sell Liquidity Zone: 4,237 – 4,240 → potential resistance zone, likely strong reaction. OB Zone | Buy: 4,143 – 4,145 → nearby support, expected first reaction when price corrects. OB Deep | Buy: 4,110 – 4,115 → deep demand zone, confluence with Premium Zone 4,156 – 4,118. Overall Structure: The main trend remains bullish , with strong upward momentum but requires a technical correction for re-accumulation. 📈 Trading Scenarios 1️⃣ Main Scenario – Sell reaction at liquidity zone When the price approaches the Sell Liquidity Zone 4,237 – 4,240 USD , observe candlestick reaction (rejection, bearish engulfing). If confirmation signals appear, open a short-term sell order . Target: OB Buy Zone 4,145 → 4,110 USD. Stop Loss: above 4,245 USD. ➡️ This is a liquidity reaction setup, high probability when the market encounters resistance confluence with Fibonacci zone 0.786–1.0. 2️⃣ Alternative Scenario – Buy with trend from OB If the price corrects to the OB Zone 4,143 – 4,145 USD and shows a clear reaction (strong rejection or minor structure break), → a buy with the main trend can be opened. Target: return to 4,200 → 4,235 USD. Stop Loss: below 4,130 USD. If the price drops further, the OB Deep Buy 4,110 – 4,115 USD will be the final “liquidity attraction” zone for a new upward bounce. ⚠️ Risk Management Avoid FOMO buying at 4,200+ as it is near the liquidity resistance zone. Prioritise short-term sell at 4,237 if clear signals are present. When price corrects to OB, wait for reaction before buying, do not bottom fish early. 💬 Conclusion After completing the liquidity sweep, gold has confirmed a return to bullish structure with multiple consecutive BoS. Currently, the price is approaching the liquidity zone 4,237 USD – a short-term correction is highly likely. The 4,145 – 4,110 USD zone will be where buyers await reaction to accumulate orders and continue the medium-term uptrend. 👉 Reasonable Strategy: Short sell at 4,237 USD if reversal signals are present. Wait to buy at OB zone 4,145 – 4,110 USD when clear reaction occurs.
OANDA:XAUUSDLong
by CaptainVincent
Steven-GoldTrading – XAUUSD: All-Time Highs Emerge Steven-GoldTrading – XAUUSD: All-Time Highs Emerge, Navigating Volatility with Precision Hello Trading Community, Gold (XAUUSD) has absolutely demolished expectations, officially breaching the $4,200/ounce mark and setting a massive new All-Time High (ATH)! Although we see profit-taking, the overall upward momentum remains fiercely dominant. 🧭 Market Overview & Sentiment Driving Force: Spot Gold's relentless rally, surging almost 1.4% today, signifies that Gold is no longer afraid of heights. This move is successfully attracting new retail traders and individual investors into the market. Short-term Risk: The market is currently apprehensive about the uncertain Hawkish remarks from the Fed Chairman, contributing to sharp volatility and quick profit-taking dips. Trend Confirmation: The primary strong bullish trend is intact. Any dips observed are purely profit-taking maneuvers and do not signal a reversal of the current market structure. 📊 Technical Analysis (30m Chart – XAUUSD) Based on the 30-minute chart, the price is moving within a steep short-term Uptrend Channel. However, it has encountered a significant resistance cluster. Key Resistance Zone (Liquidity): Located around 4206–4210. This area is a confluence of the upper channel boundary and technical resistance, making it prone to selling pressure. Key Support Zone (Buyer Zone): Around 4145–4150. This is a strong demand zone, ideal for executing Trend-Following Buy orders after a clean retracement. Scenario: Price has pulled back after testing the channel high. We anticipate a possible deeper correction towards the Buy Zone before a fresh surge to challenge the ATH again. 🎯 Today's Trading Scenarios We outline two high-probability scenarios to capitalize on the current market volatility. 📉 Short-term Sell (Counter-Trend Scalp) Aims to capture the anticipated retracement move from the immediate resistance. 📍 Sell Entry: 4206 – 4208 🛑 SL: 4214 (Tight Stop Loss is mandatory given the strong bullish context) 🎯 TP: 4188 → 4162 → 4144 → 4123 📈 Buy with the Trend (Swing/Position Entry) Waiting for price to revert to the strong demand zone to ride the primary trend. 📍 Buy Entry: 4145 – 4147 (The identified Buyer Zone) 🛑 SL: 4138 🎯 TP: 4167 → 4192 → 4204 (Aims for potential Breakout) 📌 Conclusion Gold is currently in a powerful uptrend. However, the influence of Hawkish Fedspeak necessitates navigating the market with caution, as it can induce sharp volatility and deep profit-taking. Optimal Strategy: Prioritize a Sell Scalp from the peak resistance 4206–4208 to catch the correction, and a Trend-Following Buy from the strong support at 4145–4147. Risk Management: Always ensure a strict Stop Loss and fractionalize your position sizing, especially during this period of historic high volatility. I will continue to update daily Gold scenarios based on my 8 years of trading experience. 👉 Follow me to not miss out on real-time trade ideas!
OANDA:XAUUSDLong
by Steven-GoldTrading
XAUUSD — Decline reaction not yet confirming reversal XAUUSD — Decline reaction not yet confirming reversal | Prioritise buying on Fibonacci retracement 🟡 Summary: The rapid decline at the start of the session did not break the upward structure. Gold continues to move within the Fibonacci expansion wave; prioritise buy-the-dip at confluence zones. Sell orders are only for short-term scalping when there's a clear rejection signal. 📊 Technical Analysis (H1) Structure & Price Behaviour Price is increasing in steps, the recent correction hasn't violated key lows, leaning towards a trend pullback. The chart shows multiple Fib expansion levels (0.618/0.786/1.618/2.618); the 4120–4135 zone is the short-term trading hub, above it are clusters 4160–4188–4179 and further 4200–4220. Volume has slightly decreased compared to previous sessions → likely to see pullbacks at support before continuing. Price Zones to Watch Resistance: 4160–4162, 4179, 4200. Support: 4116–4118, 4102, 4073, 4062–4065, 4024. Significance: 4062–4065 coincides with Fib + old resistance (good confluence for buying); 4116–4118 is the nearest retest; 4160–4162 is a sell retest only for scalping. If 4116–4118 holds and H1 closes above 4130, the probability of retesting 4155/4188 increases. If 4062–4065 breaks and stays below 4057, the adjustment range may extend to 4024. 📰 Fundamental Factors (Highlights) Central banks continue to buy gold, supporting fundamental demand. On 14/10, gold led the commodity basket this year; expectations of Fed rate cuts in upcoming sessions are the main driver for holding gold. Gold ETF: attracted an additional ~2 billion USD (~14 tonnes) last week; YTD cumulative ~68 billion USD, annual demand ~645 tonnes (second only to the 2020 record). ⇒ The cash flow picture supports a medium-term uptrend, although short-term fluctuations remain around Fib/resistance levels. 🎯 Trading Plan (European–American session) — if–then Scenario 1 — BUY near retest (priority) Entry: 4116–4118 SL: 4110 TP: 4134 → 4155 → 4188 → 4222 Condition: if price retests 4116–4118 and a confirmation candle/rebound momentum appears on H1. Scenario 2 — BUY at Fib + old resistance (backup) Entry: 4062–4065 SL: 4057 TP: 4082 → 4098 → 4115 → 4135 Condition: only activate when there's a pullback at 4062–4065; better if reclaiming 4073/4102 afterwards. Scenario 3 — SELL reaction (scalping) Entry: 4160–4162 SL: 4168 TP: 4134 → 4118 → 4100 → 4078 Note: only sell when there's a clear rejection signal (long wick/distribution volume); do not chase price. Invalidation & Risk Management Loss of 4057 → reduce buy priority, wait for new signals at 4024. Risk ≤1–2%/order; adhere to SL first, position later. 🛡️ Summary Bias: Upward; current decline reaction not confirming reversal. Strategy: Prioritise buy at 4116–4118 and 4062–4065; sell only for scalping at 4160–4162 when signalled. Levels to watch: 4102 – 4073 – 4024 – 4179 – 4200. Note: This article is for reference purposes only, not investment advice.
OANDA:XAUUSDLong
by Steven-GoldTrading
Observing Key Structural Patterns in Manaksia Coated MetalsThe daily chart of Manaksia Coated Metals & Industries Ltd (NSE) displays a confluence of notable technical formations. There is a clearly defined demand zone (highlighted in green) that has provided support for multiple sessions, as well as a supply area (marked at the upper region), signifying previous resistance. A visually tight Volatility Contraction Pattern (VCP) is present, where price swings narrow progressively, indicating potential accumulation and increasing trader interest. The chart also reveals an inverted head and shoulders pattern, depicted using blue and red lines, which is often recognized as a classic reversal formation in technical analysis. No attempt is made to forecast price movement; the Chart purely reflects observed market structure and patterns. Disclaimer This post is for educational and observational purposes only. It does not constitute financial advice or a trading recommendation. Always conduct your own research and consult a certified financial advisor before making investment decisions.
NSE:MANAKCOATLong
by Averoy_Apoorv_Analysis
Symmetrical Triangle & Parallel Channel CoexistenceThis weekly chart of Tara Chand Infralogistic Solutions Ltd. serves as a case study in identifying and analyzing overlapping price action structures in 3 Main Points - 1) The chart highlights a well-defined symmetrical triangle pattern, with one white line representing the counter-trendline (CT) and another as the primary trendline (T), illustrating the process of volatility contraction. 2) Overlaid within the triangle, a clearly marked parallel channel (in pink) frames the intermediate price swings during the recent consolidation. The channel illustrates rotational movement within the broader consolidation envelope, mapping the climb and retracement cycles more granularly. 3) Volume, Fibonacci retracement levels, and the shaded value area further reinforce the chart’s impartial focus on structure, without implying directionality. This example serves as a valuable reference for recognizing multi-pattern contexts and appreciating how classical patterns—when viewed together—help decode complex phases of price organization. - Disclaimer: Trading involves significant risk and is not suitable for all investors. Past performance does not guarantee future results. Always conduct your own research, consider seeking advice from a qualified financial advisor, and trade only with capital you can afford to lose.
NSE:TARACHANDLong
by Averoy_Apoorv_Analysis
LiamTrading – GOLD: Continuing the trend towards 4,130Gold has broken 4,060 and set a new historical peak thanks to the US-China trade tensions and the expectation of an early Fed rate cut. The main trend remains upward; the next target level according to the channel structure is 4,130. Technical H4→H1 The upward channel has been maintained for several weeks; breaking 4,060 confirms continuation. Nearest liquidity zone: 4,030–4,032. Medium-term volume POC: ~3,988. Target/resistance clusters by rhythm: 4,050 → 4,072 → 4,088 → 4,100 → 4,130. Trading Plan Buy 1 (retracing to the liquidity zone) Entry: 4,030–4,032 SL: 4,025 TP: 4,050 → 4,072 → 4,088 → 4,100 → 4,130 Buy 2 (medium-term POC) Entry: 3,988 SL: 3,980 TP: 4,022 → 4,050 → 4,088 → 4,100 → 4,130 Sell reaction (higher risk) Entry: 4,130 SL: 4,140 TP: flexible according to price reaction; prioritize closing at 4,070 if a clear rejection candle appears. Invalidation: short-term upward structure weakens if H1 closes below 3,980. Quick Notes Prioritize “buy-the-dip” at 4,03x and 3,988; sell orders are only reaction trades at 4,130. When TP1 is reached, move SL to entry to protect the position. Volatility around US data release times may create false breaks; maintain disciplined risk management. I will provide immediate updates as price paths change, real-time trading is the best way to be accurate and successful.
OANDA:XAUUSDLong
by LiamTradingFX
Technical Indicators 1. Introduction to Technical Indicators Technical indicators are mathematical calculations based on historical price, volume, or open interest data. They are primarily used in technical analysis, a method of evaluating securities by analyzing market statistics rather than intrinsic value. Indicators help traders: Identify trends and reversals. Determine momentum and market strength. Recognize overbought or oversold conditions. Generate buy or sell signals. There are three main categories of technical indicators: Trend Indicators – Identify the direction and strength of a trend. Momentum Indicators – Measure the speed and force of price movements. Volume Indicators – Analyze trading activity to confirm price movements. Some indicators are leading, giving early signals of potential price movement, while others are lagging, confirming trends after they have started. 2. Trend Indicators Trend indicators help traders identify whether an asset is moving upward, downward, or sideways. Recognizing trends early allows traders to align their strategies with the market direction. 2.1 Moving Averages (MA) Moving averages smooth out price data to reveal trends over a specific period. There are two main types: Simple Moving Average (SMA): Calculated by averaging the closing prices over a specified period. Example: A 50-day SMA sums the last 50 closing prices and divides by 50. Exponential Moving Average (EMA): Places more weight on recent prices, making it more responsive to price changes. Applications: Trend identification: Prices above the MA indicate an uptrend; below indicate a downtrend. Crossovers: A short-term MA crossing above a long-term MA generates a bullish signal, and vice versa. Limitations: Lagging indicator, less effective in sideways markets. 2.2 Moving Average Convergence Divergence (MACD) MACD measures the difference between two EMAs (usually 12-day and 26-day). Components: MACD Line: Difference between the fast and slow EMA. Signal Line: 9-day EMA of the MACD line. Histogram: Difference between MACD line and Signal line. Interpretation: Crossovers: MACD crossing above Signal line = buy signal; below = sell signal. Divergence: Price making new highs while MACD fails indicates trend weakness. Strengths: Effective for spotting trend reversals and momentum shifts. Weaknesses: Lagging indicator; may give false signals in choppy markets. 2.3 Average Directional Index (ADX) ADX measures the strength of a trend regardless of its direction. Values above 25 indicate a strong trend. Values below 20 suggest a weak trend or sideways market. Applications: Confirming trend strength before entering a trade. Pairing with other indicators for trend-following strategies. Limitations: Does not indicate trend direction, only strength. 3. Momentum Indicators Momentum indicators assess the speed of price movements, helping traders identify potential reversals or continuation patterns. 3.1 Relative Strength Index (RSI) RSI measures the magnitude of recent price changes to evaluate overbought or oversold conditions. Values above 70 = overbought (possible reversal or pullback). Values below 30 = oversold (possible rebound). Applications: Divergence between RSI and price signals potential trend reversals. Combining RSI with trend indicators enhances trade accuracy. Limitations: Can remain overbought or oversold for extended periods in strong trends. 3.2 Stochastic Oscillator The stochastic oscillator compares a security’s closing price to its price range over a specific period. %K Line: Current close relative to the high-low range. %D Line: 3-period moving average of %K. Interpretation: Values above 80 = overbought; below 20 = oversold. Crossovers of %K and %D lines indicate potential buy/sell signals. Strengths: Effective in volatile markets for timing entries and exits. Weaknesses: Less effective during strong trends; prone to false signals. 3.3 Rate of Change (ROC) ROC measures the percentage change in price over a given period. Positive ROC indicates upward momentum. Negative ROC signals downward momentum. Applications: Identifying early trend reversals. Confirming breakouts or breakdowns. Limitations: Sensitive to price spikes; may give false signals in choppy markets. 4. Volume Indicators Volume analysis confirms price trends, as strong moves are typically accompanied by high volume. 4.1 On-Balance Volume (OBV) OBV measures cumulative buying and selling pressure by adding volume on up days and subtracting volume on down days. Applications: Divergence between OBV and price can signal reversals. Confirming trend strength. Limitations: Lagging indicator; requires combination with price analysis. 4.2 Chaikin Money Flow (CMF) CMF measures the volume-weighted average of accumulation and distribution over a specified period. Positive CMF = buying pressure. Negative CMF = selling pressure. Applications: Identifying accumulation or distribution phases. Supporting trade entries in trend-following strategies. Weaknesses: Less effective during low-volume periods. 5. Volatility Indicators Volatility indicators help traders gauge market risk and potential price swings. 5.1 Bollinger Bands Bollinger Bands consist of a moving average (middle band) and upper/lower bands based on standard deviation. Price near upper band = overbought. Price near lower band = oversold. Applications: Trading range-bound markets using band bounces. Breakouts indicated when price moves outside bands. Limitations: Band breakouts don’t always result in sustained trends. 5.2 Average True Range (ATR) ATR measures market volatility by calculating the average of true price ranges over a period. Applications: Setting stop-loss levels. Identifying breakout potential. Limitations: Does not indicate trend direction, only volatility. 6. Combining Indicators for Strategy Using a single indicator often results in false signals. Effective traders combine indicators from different categories: Trend + Momentum: Example: Use SMA to identify trend direction and RSI to detect overbought/oversold conditions. Trend + Volume: Example: Confirm trend strength with ADX and OBV before entering a trade. Momentum + Volatility: Example: Use MACD for momentum and ATR to set stop-loss levels. Rule of Thumb: Avoid indicators that provide the same information. Mix leading and lagging indicators for better confirmation. 7. Indicator-Based Trading Strategies 7.1 Trend-Following Strategy Use moving averages or ADX to identify trends. Enter trades in the direction of the trend. Use momentum indicators like MACD or RSI for entry timing. 7.2 Reversal Strategy Use RSI, Stochastic, or Bollinger Bands to detect overbought/oversold conditions. Look for divergence between price and indicator for potential reversals. 7.3 Breakout Strategy Use Bollinger Bands or price channels to identify consolidation. Volume indicators like OBV or CMF confirm breakout strength. 8. Common Mistakes in Using Indicators Overloading charts: Too many indicators can confuse signals. Ignoring market context: Indicators must be interpreted in conjunction with price action. Blind reliance: No indicator guarantees success; risk management is crucial. Neglecting timeframes: Indicators behave differently on daily, weekly, or intraday charts. 9. Advanced Indicator Techniques Divergence Trading: Identifying differences between price and indicators like MACD or RSI to spot potential reversals. Multiple Timeframe Analysis: Confirm signals from multiple timeframes to reduce false entries. Weighted Indicators: Adjust indicator sensitivity to reduce lag or noise. Algorithmic Integration: Using indicators as inputs in automated trading systems. 10. Choosing the Right Indicators Factors to consider: Trading style: Day traders vs. swing traders vs. long-term investors. Market conditions: Trending vs. ranging markets. Timeframe: Short-term indicators are more sensitive; long-term indicators reduce noise. Simplicity: Choose a few reliable indicators rather than overwhelming charts. 11. Conclusion Mastering technical indicators requires practice, observation, and discipline. While indicators provide valuable insights into market behavior, they are most effective when combined with strong risk management and a clear trading plan. Successful traders: Use indicators to enhance decision-making, not replace it. Test strategies thoroughly before applying them in live markets. Adapt indicator settings to suit different market conditions. By understanding the nuances of trend, momentum, volume, and volatility indicators, traders can create robust strategies that increase probability and confidence in their trades. This Technical Indicators Masterclass equips traders with the knowledge to analyze markets effectively and navigate complex price movements with precision.
TVC:US10YEducation
by TechnicalExpress
Technical Analysis and Chart PatternsIntroduction to Technical Analysis Technical Analysis (TA) is the study of historical price and volume data to forecast future price movements in financial markets. Unlike fundamental analysis, which focuses on the intrinsic value of an asset, technical analysis relies on patterns, trends, and statistical indicators to identify trading opportunities. It is widely used across equity, forex, commodities, and cryptocurrency markets by traders of all timeframes, from intraday scalpers to long-term investors. The foundation of technical analysis rests on three main assumptions: Market Action Discounts Everything: All information, whether public or private, is already reflected in the current price of an asset. Prices Move in Trends: Markets follow trends rather than random movement, and identifying these trends can help traders profit. History Tends to Repeat Itself: Human psychology drives market behavior, and patterns formed in the past tend to recur under similar conditions. 1. Key Principles of Technical Analysis Trend Analysis Uptrend: Characterized by higher highs and higher lows. Indicates bullish sentiment. Downtrend: Characterized by lower highs and lower lows. Indicates bearish sentiment. Sideways/Range-bound Trend: Occurs when prices move horizontally, often leading to breakout opportunities. Support and Resistance Levels Support: A price level where demand is strong enough to prevent further decline. Often a buying opportunity. Resistance: A price level where selling pressure prevents further rise. Often a selling opportunity. Breakouts and Breakdowns: Breaching these levels can signal the start of new trends. Volume Analysis Volume reflects the intensity of a price movement. Rising prices with increasing volume confirm trends, whereas divergences (e.g., rising price with falling volume) indicate potential reversals. Momentum Indicators Measure the speed and strength of price movements. Examples: Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), Stochastic Oscillator. Moving Averages Smooth out price fluctuations to identify trends. Common types: Simple Moving Average (SMA), Exponential Moving Average (EMA). Crossovers (e.g., 50-day SMA crossing 200-day SMA) are key trading signals. 2. Chart Types Understanding chart types is crucial for recognizing patterns: Line Charts Simple representation connecting closing prices. Useful for identifying long-term trends but lacks intraday information. Bar Charts Displays open, high, low, and close (OHLC) for each period. Provides more detailed insight into market sentiment. Candlestick Charts Originated in Japan; visually appealing and widely used. Each candlestick shows open, high, low, and close, forming recognizable patterns that signal market direction. Point and Figure Charts Ignores time; focuses solely on price changes. Useful for identifying strong trends and breakout points. 3. Chart Patterns Chart patterns are visual representations of market psychology, helping traders anticipate future price action. They can be broadly categorized into reversal and continuation patterns. 3.1 Reversal Patterns Reversal patterns indicate a potential change in trend. Head and Shoulders Signifies a trend reversal from bullish to bearish. Features a left shoulder, a head (higher peak), and a right shoulder. The neckline is the support level; breaking it confirms the trend reversal. Inverse Head and Shoulders Opposite of the standard head and shoulders. Signals reversal from bearish to bullish. Double Top Occurs after an uptrend; two peaks at roughly the same level. Breaking the support level between the peaks signals a downtrend. Double Bottom Occurs after a downtrend; two troughs at a similar level. Breaking the resistance confirms a bullish reversal. Triple Top/Bottom Less common but more reliable than double tops or bottoms. Indicates stronger resistance or support levels. 3.2 Continuation Patterns Continuation patterns suggest that the existing trend is likely to continue. Triangles Ascending Triangle: Bullish; flat resistance and rising support. Breakout likely upwards. Descending Triangle: Bearish; flat support and descending resistance. Breakout likely downwards. Symmetrical Triangle: Neutral; breakout direction depends on the preceding trend. Flags and Pennants Short-term consolidation patterns after strong moves. Flags: Rectangular consolidation; pennants: small symmetrical triangles. Typically continue in the direction of the previous trend. Rectangles (Trading Ranges) Horizontal consolidation between support and resistance. Breakout indicates trend continuation. 3.3 Candlestick Patterns Candlestick patterns provide detailed insight into market sentiment: Single Candlestick Patterns Doji: Indicates indecision; potential reversal if appearing after a strong trend. Hammer/Inverted Hammer: Bullish reversal after a downtrend. Shooting Star: Bearish reversal after an uptrend. Multiple Candlestick Patterns Engulfing Pattern: Bullish or bearish reversal depending on candle alignment. Morning Star/Evening Star: Signals trend reversal. Three White Soldiers/Three Black Crows: Strong trend continuation patterns. 4. Indicators and Oscillators Technical analysis often combines chart patterns with indicators: Trend Indicators Moving Averages, MACD, ADX (Average Directional Index) Momentum Indicators RSI, Stochastic Oscillator, Rate of Change (ROC) Volatility Indicators Bollinger Bands, Average True Range (ATR) Volume Indicators On-Balance Volume (OBV), Chaikin Money Flow (CMF) 5. Technical Analysis in Trading Strategy Technical analysis is integrated into different trading strategies: Day Trading Focuses on intraday price movements using candlestick patterns and intraday indicators. Swing Trading Capitalizes on short to medium-term trends using support/resistance and chart patterns. Position Trading Long-term trend following; relies on moving averages, trendlines, and breakout patterns. Algorithmic Trading Combines TA rules with automated systems for high-frequency trading. 6. Advantages of Technical Analysis Quick decision-making due to focus on charts and indicators. Applicable across different asset classes and timeframes. Helps identify entry and exit points with greater precision. 7. Limitations of Technical Analysis Reliance on historical data; past performance doesn’t guarantee future results. Can produce false signals in highly volatile or low-volume markets. Requires experience and discipline to interpret patterns accurately. 8. Combining Technical Analysis with Other Tools Many traders combine TA with fundamental analysis to improve accuracy. Sentiment analysis, news events, and macroeconomic data can enhance decision-making. Risk management is essential: stop-loss, position sizing, and portfolio diversification mitigate losses. Conclusion Technical analysis and chart patterns provide traders with a structured way to interpret market behavior. While no method guarantees success, mastery of TA enables traders to identify high-probability setups, manage risk, and make informed decisions. With the right combination of pattern recognition, indicator use, and disciplined execution, technical analysis can be a powerful tool in the trader’s arsenal. By understanding trends, patterns, support/resistance levels, and combining them with indicators and sound risk management, traders can navigate financial markets with greater confidence and precision.
NSE:AXISBANKEducation
by TechnicalExpress
XAUUSD Analysis for the New WeekXAUUSD Analysis for the New Week: Sideways Accumulation Awaiting Big Waves - Detailed Trading Strategy Hello trading community! Last week, XAUUSD (Gold) moved as predicted within a narrow range, indicating a tug-of-war between buyers and sellers. However, the main trend on larger time frames remains bullish. At the start of the new week, Gold is likely to continue accumulating before making stronger breakthroughs. This article will provide a detailed analysis of technical and fundamental factors, along with specific trading strategies. 📊 Technical Analysis Based on the H1 chart, we can clearly see the following important price structures: Ascending Channel: Gold is still moving steadily within an ascending channel, indicating that the buying trend remains dominant in the medium term. The lower support line of the channel will be a crucial support area for buyers. Key Support: The price range of $3970 - $3974 is acting as a solid support zone. This is the confluence area of the lower channel line and a dense volume profile zone, showing strong buyer interest here. The "Buy test support" scenario as shown in the image is entirely feasible. Resistance Zone: The $4060 area and further the old peak around $4080 (corresponding to the Fibonacci Extension 1.618 area) are significant barriers. Sellers might be active in these areas. Volume Profile Indicator (VPVR): The Point of Control is around $3982, further reinforcing the importance of the nearest support zone. Any break below this area could trigger a short-term sell-off towards the $3946 area. 📰 Fundamental Analysis The market is influenced by mixed information streams, creating uncertainty and reinforcing Gold's sideways scenario: ⚠️ Hawkish Stance from the FED: Recent statements by Mr. Musallem (FED) indicate concerns about inflation potentially rising further. He emphasised the need to control inflation expectations, even at the cost of short-term labour market fluctuations. This implies that the FED might continue to maintain tight monetary policy, putting pressure on Gold prices (due to a stronger USD). 📈 Risk Asset Frenzy: Bitcoin reaching the $111,000 mark is raising concerns about an asset "bubble" and potential crisis risks. In this scenario, Gold could benefit as a safe haven asset, attracting funds when market risks are high. The contradiction between FED policy and market risk sentiment is the reason for Gold's sideways accumulation. 🎯 Trading Strategy Based on the above analysis, we can build two trading scenarios for the upcoming week. The main priority remains to buy along the trend. Scenario 1: Buy at Support (BUY) 📈 Entry: Look to buy when the price adjusts to the $3974 - $3971 area. Stop Loss (SL): $3965 (Below the safe support zone). Take Profit (TP): $3985 - $3999 - $4020 - $4050 - $4080. Scenario 2: Sell at Resistance (SELL) 📉 Entry: Look to sell when the price approaches the strong resistance area of $4077 - $4080. Stop Loss (SL): $4086 (False breakout above the peak). Take Profit (TP): $4055 - $4020 - $4000 - $3970. Summary The main trend of Gold remains bullish, but in the short term, the price may continue to move sideways within the $3970 - $4080 range to accumulate. The optimal strategy is to look for buying opportunities at key support areas and consider short-term sell orders at strong resistance zones. Always remember to manage your capital strictly as the market always holds unexpected fluctuations. Wishing traders a successful new week! Note: This article is for reference only and is not investment advice.
OANDA:XAUUSDShort
by Steven-GoldTrading
GOLD: ACCUMULATION POST SELL-OFF,Weekend Short-term Trading PLANGOLD: ACCUMULATION POST SELL-OFF, Weekend Short-term Trading Plan Hello traders 👋 The Gold market witnessed a strong and clear Sell-off yesterday, especially with the decisive break of the $4000 zone – a confirmation area for a new corrective trend, or at least a long-term downtrend cycle. Currently, Gold prices are fluctuating within a narrow range (Sideways), mainly due to the cautious sentiment of investors and the weak liquidity characteristic of Friday. This lack of momentum makes it likely for Gold to continue moving sideways until the New York Session opens. 🔎 Technical Analysis (Chart 30M – XAUUSD) Resistance Retest Zone (Fibonacci Retest): $4030 – $4035. An ideal area for Sellers to re-enter. Sell Scalping/FIBO 50 Zone: $4000 – $4004. The $4000 price zone, once broken, now becomes strong resistance. Key Support/Accumulation Zone: $3940 – $3945 (Confluence of Support level 1.618). Long-term Buy Zone (Buy Scalping): $3890 – $3880. ⚙️ Detailed Trading Plan (Short-term Trading) The strategy for the day is Short-term trading (Scalping) when the price hits minor resistance zones and seeks larger orders when matching Entry zones according to Fibonacci Extension. 🔴 SELL Scenario (Priority according to the downtrend structure) 1. Sell Re-test Zone $4000 Entry: 📍 4002 – 4004 SL: 🛑 4010 TP: 🎯 3998 – 3985 – 3960 (Can hold the position if the reaction is good) 2. Sell Re-test Zone $4030 (Fibonacci Retest) Entry: 📍 4030 – 4032 SL: 🛑 4037 TP: 🎯 4016 – 4002 – 3998 – 3978 🟢 BUY Scenario (Bottom-fishing/Support) 1. Buy Scalping Zone $3940 Entry: 📍 3940 – 3942 SL: 🛑 3935 TP: 🎯 3965 – 3977 – 3999 – 4035 💡 Fundamental View & Weekend Risk News: A report from SEB Research suggests that market expectations for the Fed to cut interest rates might be too high due to persistent inflation risks. This could pressure Gold and support the USD on a macro level. Friday Risk: Reduced liquidity, prone to Stop Hunts or Fakeouts. ⚖️ Conclusion & Recommendations Short-term main trend: Correction/Downtrend. Action: Closely observe market reactions this Friday. Prioritise Selling at strong Resistance zones ($4000, $4030) and manage capital tightly (Tight SL) for Buy Scalping orders. 👉 Follow me for timely updates on the latest scenarios in the weekend trading session!
OANDA:XAUUSDShort
by Steven-GoldTrading
LiamTrading – XAUUSD: Structure BreakLiamTrading – XAUUSD: Structure Break, Preparing for a STRONG DOWNTREND? Hello trader, The Gold market has undergone a significant Market Structure Shift, breaking the previous sustainable uptrend. After the key support area around 4000 was breached with high volume, the Bears have taken short-term control. Currently, the price is experiencing a slight correction after a sharp drop, but overall, it is forming Lower High – Lower Low patterns on the H1 chart, confirming the downward movement. 📊 Technical Analysis (Chart 1H – XAUUSD) The recent sharp decline has broken the upward structure (Break of Structure - BOS) and created significant inefficiencies/imbalances that need to be filled: Liquidity Zone (Resistance): $4050 – $4060. This is the resistance peak to watch. Sell Liquidity Zone (FVG Sell Zone): $4030 – $4040. This is the ideal Fair Value Gap for Bears to re-enter. Key Support/Buy Scalping Zone: $3925 – $3935 (Confluence area of Fibonacci Extension 2.272). Swing Buy/Accumulation Zone: $3905 – $3915 (Confluence area of Fibonacci Extension 2.618). 🎯 Main Trading Scenario (Short-term BEARISH) Sell entry 4000 – 4002 SL 4008 TP 3986 – 3965 3950 – 3923 Sell Entry 4028 – 4031 (FVG) SL 4036 TP 4022 – 4010 4000 – 3960 Buy Scalping 3926 – 3928 SL 3921 TP 3939 – 3955 3970 – 3990 Buy Bottom Zone 3900 – 3908 SL 3895 TP 3922 – 3945 3970 – 3988 Export to Spreadsheet 🧭 Fundamental View & Market Sentiment The downward momentum is being driven by the following factors: Monetary Policy: Fed official Williams' remarks supporting continued rate cuts seem to be reducing the safe-haven demand for Gold. Although rate cuts typically support Gold in the long term (due to "cheap money"), a slowing labour market is a short-term negative signal. CPI News: The Bureau of Labour Statistics recalling staff to compile the CPI report amid a government shutdown highlights the importance of this data. If CPI is not as expected, it could cause significant volatility. Market Sentiment: After the structure break, technical selling sentiment may dominate, especially if the price cannot quickly recover to the 4000 level. 📌 Conclusion & Recommendations Gold has confirmed a short-term structure change to a downtrend. While the long-term trend is not yet clearly defined, the current priority is to seek Sell opportunities when the price retraces to key resistance and FVG areas (such as $4000 and $4030). Advice: Always adhere to SL (Stop Loss) and prioritise risk reduction when the market shows reversal signals. DO NOT BUY when the downtrend structure is prevailing. 👉 Follow me for detailed updates and the latest trading plans during the session!
OANDA:XAUUSDShort
by LiamTradingFX
ZUARIThe stock has successfully retested its breakout zone and is showing signs of strength. Trading above all key EMAs with a clean alignment, confirming a strong trend bias. Recent sessions show low-volume, tight-range contraction, often a precursor to a decisive move. Today’s hammer candle at the support zone reflects buying interest. A sustained move above ₹305 with rising volume could open the door for further move. ✅ If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ 📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
NSE:ZUARI
by SatpalS
XAUUSD – MID-TERM OUTLOOK ON H1 | STICK TO THE MAIN TRENDXAUUSD – MID-TERM OUTLOOK ON H1 | STICK TO THE MAIN TREND Hello trader 👋 Gold prices are currently holding steady within the rising price channel but are approaching a strong resistance zone around 4043 – 4005, which is a crucial confirmation range to assess whether the uptrend will continue or start adjusting. In the current context, the market is showing signs of caution as the USD slightly increases and political - financial news in the US escalates, causing significant investor sentiment fluctuations. 🔎 Technical Analysis On the H1 frame, prices are still moving within a clearly ascending channel, but the upward momentum is beginning to weaken. Fibonacci extension and volume profile indicate a strong liquidity zone concentrated around 4005 – 3980, where buying and selling forces may appear. Important Resistance: 4078 – 4080 (Fibo 4.0 and upper edge of the rising channel) Important Support: 3985 – 3980 (liquidity zone + high volume node) RSI is giving a slight divergence signal, warning of the possibility of a technical correction. ⚙️ Detailed Trading Plan 🔴 Main SELL: Entry: 4078 – 4080 Stop Loss: 4085 Take Profit: 4060 → 4053 → 4025 → 4008 👉 Sell reaction at the channel peak resistance zone, coinciding with high liquidity area. 🔴 SELL on breaking 4005 confirmation: Entry: 4015 – 4017 Stop Loss: 4023 Take Profit: 4005 → 3988 → 3970 → 3945 👉 Breakout sell order, only activated when the candle confirms closing below the 4005 zone. 🟢 Short-term BUY: Entry: 4056 – 4058 Stop Loss: 4050 Take Profit: 4068 → 4088 → 4095 👉 Swing buy order at the support zone within the rising channel. 🟢 BUY SCALPING: Entry: 3982 – 3985 Stop Loss: 3978 Take Profit: based on price reaction / wave confirmation 👉 Quick buy at the strong liquidity zone if a reversal signal appears. 💡 Fundamental Perspective Latest news: Bensont has completed the first round of interviews for the Fed Chair candidate, with questions revolving around interest rates and QE, indicating that upcoming monetary policy remains a focal point. The DXY index has surpassed the 99 mark, rising 0.16% on the day, exerting certain pressure on gold. Market sentiment is fluctuating strongly, reflecting concerns about the direction of US monetary policy in the next quarter. ⚖️ Conclusion Mid-term trend: Upward but weakening At this stage, closely monitor price action at the 4043 – 4005 range to determine the next direction. Prioritise selling at resistance – buying at support, leveraging fluctuations within the price channel. Maintain a flexible trading mindset, manage capital tightly when the market fluctuates due to news. 📈 Quick Summary: Sell: 4078–4080 / 4015–4017 Buy: 4056–4058 / 3982–3985 Key zone: 4043 – 4005 (new trend confirmation)
OANDA:XAUUSDShort
by Steven-GoldTrading
XAUUSD – PRIORITISE BUYING WITH THE TREND | TARGET 4100 Hello trader 👋 Gold continues to set new highs, maintaining a strong upward momentum despite the USD stabilising temporarily. The current market structure indicates a sustainable uptrend, with short-term corrections only serving as entry points for trend-following buys. 🔎 Technical Analysis The price is currently moving within an ascending channel and has just broken out above the previous high, confirming the dominance of buying pressure. The 4.618 Fibonacci extension signals a technical target around 4100, a strong psychological resistance and a medium-term price expectation. RSI remains above the 60 zone → indicating that the upward momentum has not weakened. EMA200 (H1–H4) is well below, reinforcing a stable uptrend structure. ⚙️ Detailed Trading Plan 🟢 BUY 1: Entry: 4003 – 4005 Stop Loss: 3998 Take Profit: 4016 → 4025 → 4040 → 4062 👉 Buy when the price retraces to the lower edge of the channel or retests the key level. 🟢 BUY 2: Entry: 3961 – 3963 Stop Loss: 3956 Take Profit: 3975 → 3988 → 3996 → 4008 → 4025 👉 Entry at the support zone of FVG (Fair Value Gap) in agreement with the ascending trendline. 💡 Market Outlook Fed rate cut bets: Expectations that the US Federal Reserve (Fed) will cut interest rates in the coming months continue to drive gold demand. US government temporary shutdown → creates uncertainty, increasing safe-haven flows. USD is stable but not strong, keeping gold attractive. With the current market sentiment, every correction is an opportunity to “buy the dip”. ⚖️ Scenario & Strategy Main strategy: Focus only on buying with the trend, avoid counter-trend selling (if any – should only be short-term). Buy around trendline / FVG / key level 3960 for a reasonable entry point and low risk. Monitor the breakout zone 4040 – 4060: If it breaks decisively, the likelihood of reaching 4100 is very high. 📌 Summary: Trend: Strong uptrend (Bullish continuation) Priority: Buy with the trend – Buy on dips Technical target: 4100 USD/oz Manage capital carefully, avoid FOMO at new highs.
OANDA:XAUUSDLong
by Steven-GoldTrading
XAU/USD: Targeting $4,100! Where to Buy Before the FOMC Minutes?Hello TradingView community! 🚀 Gold (XAU/USD) continues to demonstrate incredible strength, consistently breaking past old highs and forming a solid upward price channel. This robust uptrend is not only technically reinforced but also awaits a potential catalyst from today's significant fundamental news. In this analysis, we will combine two crucial perspectives: an in-depth look at the technical charts to identify optimal entry points, and an examination of the key fundamental event that could significantly impact Gold prices during the US session. 1. Fundamental Perspective: All Eyes on the FOMC Minutes Today's market highlight, Wednesday, October 8, is the release of the FOMC Meeting Minutes at 2:00 PM ET Why is this important? This document provides a detailed record of the latest policy meeting of the US Federal Reserve (FED) in September. Traders will scrutinise the text for any hints about the future interest rate path. Potential scenarios: "Dovish" Tone: If the minutes reveal FED officials' concerns about economic growth and the possibility of further rate cuts, the US Dollar might weaken. This would create a strong push for Gold (XAU/USD), potentially driving the next price surge. "Hawkish" Tone: If the minutes emphasise that inflation remains a concern and the FED is not in a hurry to cut rates, the USD might see a short-term recovery, causing Gold to have a corrective dip. This event is a top catalyst for volatility. Our strategy is to prepare technical zones to capitalise on the market's reaction. 2. Technical Analysis: Detailed Trading Plan The bullish structure on the 2H timeframe is undeniable. Prices are creating a series of higher highs, confirmed by each "BoS" (Break of Structure), signalling that the Buyers are in full control. Here are the key zones to watch: Potential Buy Zones (Key Points): FVG Zone ($4,004): The nearest support is this Fair Value Gap, an area of price imbalance that the market often seeks to fill. Prices may retest this area before or during the news release. "Buy Break BoS" Zone ($3,981): This is the nearest swing high that has been broken. Now it has turned from resistance into a crucial support level. This zone offers a solid entry point if prices correct slightly deeper. "Bullish Order Block" Zone ($3,951): This is the last major "stronghold" of the Buyers—a powerful buy order block that initiated the latest push wave. This is an ideal area to look for buy orders if the market experiences a strong liquidity sweep downwards. Upside Targets: Short-term Target (Scalping): $4,070 - This level coincides with the 0.786 Fibonacci level. Main Target: "Liquidity Sell" Zone at $4,103. This is a large "liquidity pool" where the Sellers' stop-loss orders are likely concentrated. Smart money often drives prices to such areas. Strategy Summary Main Trend: Bullish. Core Strategy: Look for "Buy the dip" opportunities at the key support zones mentioned. Critical Timing: Be cautious around the FOMC Minutes release (18:00 UTC). Volatility can be high, and the market may whip in both directions to sweep stop-losses before following the main trend. Pro Tip: Patience is key. Waiting for prices to pull back to a confirmed support zone will provide a much better Risk/Reward ratio than chasing the market at the top. WHAT'S YOUR VIEW? How do you think Gold will react to today's FOMC minutes? And where are you looking to place your buy orders—at the FVG zone $4,004, the BoS level $3,981, or are you patiently waiting for the Order Block $3,951? Share your views in the comments below! 👇 Don't forget to leave a Like 👍 and Follow the channel for the latest XAU/USD analysis updates!
OANDA:XAUUSDLong
by CaptainVincent
GOLD: Continuing Uptrend Structure, Target 4090 Approaching LiamTrading – GOLD: Continuing Uptrend Structure, Target 4090 Approaching Hello everyone, Gold and US stocks are setting new records together, but don't forget — strong sell-offs often appear when everyone believes prices can only rise. Currently, gold maintains a sustainable uptrend structure, with each subsequent low higher than the previous one, confirming a clear trend on the H1–H4 timeframe. 📊 Technical Analysis (Chart 45m – XAUUSD) The price structure remains a clear Higher High – Higher Low, indicating that buyers are still in control of the market. Key liquidity zones are around: 🔹 4050–4060 (resistance – POC Volume Profile) 🔹 4020–4025 (temporary support zone – confluence of Fibo 0.618) 🔹 3980 (technical bottom, strong previous liquidity zone) The upward target according to Fibonacci Extension is currently in the 4090 zone, corresponding to the 2.618 extension level — likely to become a major profit-taking area for buyers. 🎯 Today's Trading Scenarios Short-term Sell (based on resistance reaction): 📍 4048–4050 🛑 SL: 4055 🎯 TP: 4030 – 4018 – 4005 – 3980 Buy scalping: 📍 4022–4024 🛑 SL: 4017 🎯 TP: 4030 – 4045 – 4060 – 4080 Buy swing (trend-following): 📍 3980–3982 🛑 SL: 3975 🎯 TP: 3995 – 4010 – 4025 – 4040 – 4060 🧭 Fundamental & Market Sentiment View According to the FOMC minutes from 16–17/9, most Fed officials believe that continuing to cut interest rates this year is appropriate. This is the first time since 2020 that the Fed has officially reduced the interest rate by 0.25%, bringing the range down to 4.75% – 5.00%. → Cheap money + safe-haven sentiment continue to be the main drivers pushing gold higher. However, with gold and stocks both reaching peaks, the risk of technical corrections may occur when prices hit major liquidity zones. 📌 Conclusion Gold is still in a stable uptrend, with a short-term target towards 4090 USD/oz. However, watch the liquidity zones around 4050–4060 and 4000–4025 to optimize entry points, avoiding FOMO when prices are already in high zones. 👉 I will continue to update details for each trading session. Follow me to not miss the earliest gold scenarios!
OANDA:XAUUSDLong
by LiamTradingFX