MARUTI SUZUKI INDIA LTD. – INTRADAY ZONE ANALYSIS________________________________________________________________________________📈 MARUTI SUZUKI INDIA LTD. – INTRADAY ZONE ANALYSIS
📆 Date: June 29, 2025 | ⏱ Timeframe: 15-Minute Chart
🔍 Educational Analysis for Learning Purposes Only
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📊 Zone Breakdown:
• 🔴 Top Range Resistance – 12,848
Marked in Red: This area has previously acted as a supply zone, where prices were rejected sharply. It is a potential region to watch for bearish reversal patterns, especially if price rises into this zone on weak volume or shows rejection candles like shooting star or bearish engulfing.
• 🟠 Neutral Zone (No Trade Zone) – Between ~12,720 to ~12,680
Marked in Orange: This is an indecision zone, where price has shown choppiness in the past. It is advisable to stay cautious and avoid trades here, as clear momentum is often missing in this range.
• 🟢 Support Zone – 12,617
Marked in Green: This is the demand zone, where price previously reversed on higher volume. It is a good region to observe for bullish candlestick confirmation patterns (e.g., hammer, bullish engulfing, morning star) on intraday timeframes.
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🔍 Candlestick Pattern Observation:
At the support zone (12,617), the most recent candle (the last one) shows a long lower wick with a bullish body, forming a bullish hammer-like structure.
• 🧠 Interpretation: This suggests possible buying interest at lower levels, especially since it coincides with volume spike, indicating potential reversal.
• 📌 However, confirmation from the next candle (closing above 12,670 with decent volume) would be required before validating it as a bullish reversal.
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⚙️ Educational Trade Idea (For Study Purpose Only):
▶️ Potential Long Trade Setup (Bullish Bias)
• Entry (Low-Risk Learner Zone): Around 12,670–12,675, only if next candle shows bullish strength
• Stop Loss: Below 12,617 (zone low) → e.g., 12,600
🧠 Reasoning:
• Price is reacting from a well-identified demand zone
• Volume spike confirms possible accumulation
• Candle with rejection wick hints at reversal interest
• Risk-reward approx. 1:2 or better depending on exit point
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⚠️ Disclaimer (SEBI-Compliant):
This analysis is shared strictly for educational and informational purposes. It does not constitute investment advice or a recommendation to trade. Viewers are encouraged to use this for learning technical chart reading and should consult a registered advisor before making any financial decisions.
STWP | Learn. Trade. Grow.
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What do you think about this setup?
Did you spot any other patterns or zones?
👇 Drop your comments below — let’s grow together!
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Technical Analysis
EURUSD – Bearish Pressure Resumes After Rejection at 1.17500EURUSD has rejected the 1.17500 resistance zone and is now forming lower highs on the H4 chart, signaling weakening bullish momentum within the ascending channel.
Stronger-than-expected Core PCE data from the US reinforces the Fed’s cautious stance, keeping the USD strong. Meanwhile, political rumors about Trump potentially replacing Powell have triggered market volatility but still support the dollar in the short term.
As long as price fails to break above 1.17500, EURUSD is likely to decline toward the 1.15900 zone. A bullish scenario would only be validated if price closes above 1.1760.
XAUUSD – Bearish Pressure Intensifies, New Lows in SightGold remains firmly within a well-defined descending channel, consistently forming lower highs and lower lows. After a breakout of the minor channel, price appears to be pulling back toward the 3,300 zone before potentially resuming its downtrend.
The temporary ceasefire between Iran and Israel and the US–China rare earth trade deal have dampened safe-haven demand, with capital rotating back into equities. At the same time, stable core PCE data supports the USD, adding further pressure on gold.
If price fails to hold above the 3,260 area, the next target lies near 3,218.
XAUUSD Bullish Reversal from Channel Support | Gold Buy SetupAnalysis Overview:
Gold has been trading inside a clearly defined descending channel (marked by the orange trendlines). After a strong bearish move, price has reached the lower boundary of this channel, which is acting as dynamic support.
Key Technical Details:
Descending Channel Support: XAUUSD has tested the lower trendline multiple times and is currently showing rejection wicks, suggesting potential exhaustion of selling pressure.
Demand Zone: The shaded horizontal area represents a prior consolidation and minor support level that aligns with the channel bottom, adding strong confluence.
Entry: Planned buy entry at the current level near channel support, anticipating a bounce.
Stop Loss: Placed below the recent swing low and outside the channel, to allow room for volatility while protecting against continuation of the downtrend.
Target: The mid-to-upper boundary of the descending channel, aiming for a favorable risk-reward ratio.
Market Context: The higher timeframe trend remains bearish overall, so this is a short-term reversal (counter-trend) setup within the channel structure.
Trade Plan Rationale:
Expecting a corrective move upward within the descending channel as price retests previous supply zones and dynamic resistance. This setup is based on:
Confluence of channel support and demand zone
Multiple rejection wicks showing buyers stepping in
Potential mean reversion towards the channel midpoint
Disclaimer:
This is my personal analysis on XAUUSD and not financial advice. Always do your own research and manage risk carefully.
Gold at Crucial 325x Support – What's Next for the Yellow Metal?XAUUSD D1 Forecast: Gold at Crucial 325x Support – What's Next for the Yellow Metal?
Namaste, fellow traders!
Today, let's zoom out and look at the bigger picture for Gold (XAUUSD) on the Daily (D1) timeframe. Our analysis indicates that Gold has hit a very strong, hard support level around the 325x region. This is a pivotal point that could dictate Gold's medium to long-term direction!
🌍 Macroeconomic Context: The Forces at Play for Gold
While we've seen some USD weakness due to speculations surrounding the Fed (like the rumors about replacing Powell) and expectations of rate cuts, these factors haven't completely prevented Gold's recent decline on the daily chart. Also, the sustained ceasefire between Israel and Iran is reducing Gold's safe-haven appeal.
However, the current price action at the robust 325x support level is a significant technical signal. The influence of upcoming US macroeconomic data (especially the PCE Index on Friday) and speeches from FOMC members will be crucial in confirming or negating Gold's next moves. If positive news for Gold aligns with this support holding, it could act as a strong catalyst.
📊 XAUUSD Technical Analysis (D1): Predicting Gold's Next Move
Based on the fact that Gold has encountered strong support at 325x, we can anticipate the following scenarios:
Bounce from 325x (Potential Upside Phase):
If the 325x area (which reinforces the 3264.400 support from image_e9d325.png) holds firm, we expect a strong reaction and an upward move for Gold.
The initial target for this bounce would be the 332x region, which aligns with resistance levels 3313.737 - 3330.483 from our previous analysis. On a broader timeframe (as shown in image_83845c.png), this corresponds to the resistance zone around 3326.022. This 332x area could represent a continuation pattern, meaning it might be a corrective rise before the resumption of the larger trend.
Resumption of Downtrend (After Reaching 332x):
Once Gold reaches and tests the 332x zone (3313.737 - 3330.483 / 3326.022) and shows bearish confirmation signals (e.g., a strong bearish engulfing candle, a pin bar, or a clear top formation), we anticipate a resumption of the downward movement.
The next major target for this fall would be the 317x area, which correlates well with the strong support at 3173.052 on the larger timeframe (as depicted in image_83845c.png).
🎯 XAUUSD D1 Trading Plan: Your Long-Term Strategy Ahead!
Considering the current D1 analysis, here's our actionable plan:
1. BUY PHASE (Bounce from Support):
Entry: Observe price reaction in the 325x - 326x zone (especially 3264.400). Only buy if there are clear bullish confirmations (e.g., a confirmed bullish pattern on the daily or 4-hour candle, a strong bounce from the zone with volume).
SL: Just below the 325x support zone (e.g., 3245-3240, depending on confirmation).
TP: 3280 - 3290 - 3300 - 3313.737 - 3326.022 (key 332x zone). This will be our primary target for the bounce.
2. SELL PHASE (Downtrend Resumption):
Entry: After the price reaches the 332x zone (3313.737 - 3330.483 / 3326.022) and shows bearish confirmation signals (e.g., strong bearish engulfing, pin bar, or top formation).
SL: Slightly above the 332x zone (e.g., 3335-3340).
TP: 3300 - 3290 - 3280 - 3270 - 3260 - 3250 - 3200 - 3173.052 (final 317x target).
XAUUSD – Bull Trap Revealed, Drop Toward 3,304 Incoming?Gold is retesting the descending trendline around 3,366, but rejection signals are starting to emerge. The recent bounce only tapped into a Fair Value Gap – a hidden liquidity zone – and is now losing momentum.
The structure remains bearish with lower highs, and the downtrend channel continues to dominate price action. If 3,366 gets rejected again, a sharp move toward 3,304 could be triggered – or even lower.
Fresh news supports the bearish case:
U.S. jobless claims beat expectations → USD strengthens
Iran–Israel ceasefire → Gold loses safe-haven appeal
ISLAMIC NEW YEAR OR RATHYATRA PICKTechnical View
Stock is clearly formed Cup&Handle pattern. Privious major SR Line break. Pattern made near major SR line. complete reversal formation.
RESPONIND
CMP 219
TARGET 250/275/300+++
BUY ON DIPS NEAR 200-204
SL 190( DAILY CLOSING BASIS)
Fundamental View
ROE and ROE BOTH ARE GOOD. Quaterly and Yearly boh Revenue and PAT are Highest Ever. positive cashflow..
I Am Not SEBI Registered Research Analyst. It Is Giving Only Educational Purpose. Buying in RESPONIND After Discussing With Your Financial Advisor.
Weekly CT & Hiddenline Cracked – Supply/Demand Zones In PlayThis weekly chart shows a well-defined price structure shaped around multi-timeframe supply and demand dynamics:
🟩 Green Zone – Broad demand zone, price has respected this area multiple times recently.
🟥 Red Zone – Long-standing WTF supply zone, tested multiple times in the past.
⚪️ White Solid Line – Active CT (corrective trendline), which has been broken cleanly on this week’s candle. Being a weekly close (Friday), the breakout carries more weight.
⚪️ Dotted White Line – A hidden resistance trendline, possibly acting as a confluence level for prior rejections. That too has been convincingly breached.
📊 Notice the strong volume spike on the breakout – always worth watching in a structure like this.
🔁 No predictions. Not a call. Just chart structure and context.
XAUUSD: Gold's Golden Glow Fades Below $3350 XAUUSD: Gold's Golden Glow Fades Below $3350 – Navigating Key Levels Amidst USD Weakness!
Let's dive into the fascinating world of Gold (XAUUSD) today. The yellow metal is showing subtle positive movement, primarily influenced by a weaker US Dollar, but a convincing bullish breakout above the $3350 mark remains elusive.
🌍 Macroeconomic Snapshot: USD's Woes & Gold's Mild Support
Gold has seen a slight positive bias for the second consecutive day, yet it's struggling to find significant follow-through, staying below the $3350 level in early European trading.
USD Under Pressure: Reports indicating that US President Donald Trump is considering replacing Fed Governor Jerome Powell have sparked concerns regarding the future independence of the US central bank.
Cautious Outlook: This mixed bag of news calls for caution before confirming a definitive bottom for Gold or positioning for a substantial recovery from levels below $3300 (or Tuesday's two-week low). Traders are currently focused on upcoming US macroeconomic data and speeches from FOMC members, which could influence XAU/USD ahead of Friday's crucial US Personal Consumption Expenditures (PCE) Price Index release.
📊 XAUUSD Technical Analysis & Intraday Trading Plan:
Current Trend: Gold has recently experienced a sharp decline and is now in a consolidation phase, trading around the $329X mark. Price is currently below shorter-term moving averages, indicating lingering bearish pressure or an accumulation phase.
Key Levels Identified:
Strong Support Zones (Potential BUY Areas): Levels around 3294.414, 3276.122, and particularly 3264.400 are crucial demand areas.
Key Resistance Zones (Potential SELL Areas): Levels at 3313.737, 3321.466, 3330.483, and 3341.947 are identified as significant supply zones.
🎯 XAUUSD Trading Plan (Based on your specified levels):
BUY ZONE (Strong Support - Long-Term Bias):
Entry: 3266 - 3264
SL: 3270
TP: 3280 - 3284 - 3290 - 3295 - 3300 - 3305 - 3310 - 3320
BUY SCALP (Quick Buy at Intermediate Support):
Entry: 3284 - 3282
SL: 3278
TP: 3288 - 3292 - 3296 - 3300 - 3305 - 3310 - 3320 - 3330
SELL ZONE (Key Resistance):
Entry: 3331 - 3333
SL: 3337
TP: 3326 - 3320 - 3316 - 3310 - 3305 - 3300
SELL SCALP (Quick Sell at Near Resistance):
Entry: 3313 - 3315
SL: 3320
TP: 3310 - 3305 - 3300 - 3295 - 3290 - 3280
⚠️ Key Factors to Monitor Closely:
US Macro Data: The upcoming US Personal Consumption Expenditures (PCE) Price Index on Friday is critical.
FOMC Member Speeches: Any comments on monetary policy or inflation outlook will directly impact USD and Gold.
Geopolitical Stability: Developments regarding the Israel-Iran ceasefire can influence safe-haven demand.
Titan | Swing | Breakout Titan has just given a clean trendline breakout followed by a successful retest, which makes this setup quite interesting from a positional swing trade perspective.
✅ Trendline Breakout
• The stock broke a strong descending trendline that had been acting as resistance for several months.
✅ Retest and Bounce
• After the breakout, Titan came back to retest the breakout level near ₹3,380, which held well — a classic bullish sign. This bounce happened around the 38.2% Fibonacci retracement zone — another technical confluence that adds weight to the trade idea.
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📈 Entry, Targets & Stop Loss
• Entry Zone: Around ₹3,665 – ₹3,695
• Stop Loss (SL): Below ₹3,202
Important note: If price breaks below ₹3,500 without RSI crossing 75, it might lead to negative RSI divergence — a warning of weakening momentum. In that case, better to exit to avoid capital getting stuck.
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🎯 Targets Based on Fibonacci Extensions:
• Target 1: ₹4,123
• Target 2: ₹4,324
• Target 3: ₹4,580
These targets are calculated using Fibonacci extension levels, with the final one being the 1.618 golden ratio zone.
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Disclaimer: Do your own analysis before putting money in investment. Idea is for education purpose to share and learn within trading view community. Not a suggestion to put your hard earn money.
OPTIEMUS | Reclaiming Zones, Respecting Trendlines🟩 Price is navigating a critical structure:
White Line = Major CT (Control Trendline) — currently acting as resistance.
White Zone = MTF Supply ➡ Demand Flip Zone — price is holding above it.
Blue Zone = WTF Demand Pocket — also reclaimed recently.
📌 After reclaiming both the blue and white zones, price is now consolidating just under the CT, possibly coiling up.
🧠 Not a prediction. No tips. Just structure-based storytelling.
EURUSD – Short-term pullback before potential recoveryOn June 21, EURUSD edged down 0.12% to close at 1.15222 following mixed PMI data from the Eurozone. The H4 chart shows that price remains within the main ascending channel, forming a lower high around 1.16300 — a signal of a short-term corrective phase.
Currently, EURUSD is consolidating sideways near an unfilled Fair Value Gap (FVG) resistance zone. If price fails to break above this level, a short-term drop toward the ascending channel support at 1.14860 is likely, before a potential rebound toward 1.15860 and possibly 1.16300.
Short-term strategy: Watch price action near the trendline support. If clear bullish rejection appears, this could offer a buying opportunity in line with the broader trend, targeting a recovery to recent highs.
BTCUSDT – Buying Resumes, Bullish Momentum Targets 120,000Bitcoin is flashing strong bullish signals as it continues to hold within a well-defined long-term ascending channel. After a technical bounce from the nearby support zone around 99,614, BTC has regained momentum and is now approaching a key resistance FVG cluster — a potential launchpad for a breakout.
The price structure shows a series of higher lows combined with healthy pullbacks, indicating accumulation and capital rotation back into BTC. A “break–pullback–continuation” pattern is forming, pointing to a likely move toward the psychological resistance level at 120,000 — a target highlighted by many professional traders since the start of the quarter.
Fundamental factors supporting the uptrend:
Large capital inflows are returning to U.S. Bitcoin ETFs, signaling renewed institutional confidence in the bull cycle.
Expectations that the Fed will hold rates steady are weighing on the USD, creating a favorable environment for risk assets like BTC.
Altcoin volatility is fading — often a sign that capital is rotating back into BTC as the market’s leading asset.
Falling Channel Pattern in Indian Overseas Bank📉 IOB (Indian Overseas Bank) - Falling Channel Setup
🔍 Daily Chart Analysis – June 26, 2025
IOB has been trading within a well-defined falling channel since early 2024. Price is currently testing the upper boundary of the channel but hasn’t confirmed a breakout yet.
🔑 Key Observations:
Structure: Clearly respecting the falling channel.
Moving Averages: Price is hovering around short-term EMAs (20 & 50) and below the both EMA, indicating weak momentum.
Volume: No significant volume surge yet to support a breakout.
Confirmation needed: A close above the trendline (~₹39–40) with volume would be an early sign of bullish reversal.
🎯 Watch for:
Breakout above ₹40 with increased volume = potential short-term rally.
Failure to break may result in retesting lower channel support near ₹33–34.
🧠 Adding this to my breakout watchlist. Will reassess if it closes outside the channel.
Gold's Price Action Amidst Fed's Inflationary Warnings XAUUSD: Gold's Price Action Amidst Fed's Inflationary Warnings – Key Levels to Watch!
Hello TradingView Community!
Gold (XAUUSD) continues to be a focal point amidst the Federal Reserve's (Fed) cautious stance on inflation and interest rates. Recent statements from Fed Chair Jerome Powell highlight concerns that large-scale tariffs could trigger persistent inflation, moving beyond conventional economic models. Despite recent inflation cooling, Powell emphasized the need for more data from June and July before considering any rate cuts, warning of the risk that "price shocks turn into persistent inflation".
This creates a nuanced market sentiment, torn between hopes for rate cuts and the emerging inflation risk from tariffs. In this environment, Gold remains a crucial psychological anchor, especially if the Fed delays its reaction to new inflationary pressures.
📊 XAUUSD Technical Outlook (H4/M30 Chart Analysis):
Based on our recent chart analysis (e.g., image_008403.png): Gold is currently in a corrective or consolidating phase after a notable pullback. Price action indicates that key support and resistance levels are being tested.
Resistance Levels (Potential Sell Zones): We see significant resistance around 3352.383 - 3353.860 and higher up at 3371.205, with a major resistance area near the top at 3391.750 - 3395.000.
Support Levels (Potential Buy Zones): Key support is identified around 3317.738 - 3311.214, with a stronger demand zone at 3302.939 - 3302.857. A critical lower support lies at 3286.257.
🎯 XAUUSD Intraday Trading Plan:
Here are the key zones and targets for today, based on current market dynamics:
BUY SCALP:
Entry: 3316 - 3314
SL: 3310
TP: 3320 - 3324 - 3328 - 3332 - 3336 - 3340
BUY ZONE:
Entry: 3304 - 3302
SL: 3298
TP: 3308 - 3312 - 3316 - 3320 - 3330 - 3340 - 3350
SELL SCALP:
Entry: 3353 - 3355
SL: 3360
TP: 3350 - 3345 - 3340 - 3335 - 3330
SELL ZONE:
Entry: 3390 - 3392
SL: 3396
TP: 3386 - 3382 - 3378 - 3374 - 3370 - 3360
⚠️ Key Factors to Monitor:
Fed Speeches: Any further comments from Fed officials on inflation or policy outlook.
US Economic Data: Upcoming inflation (CPI, PCE) and employment reports (NFP) will heavily influence Fed policy expectations.
Geopolitical Developments: Ongoing global tensions can always boost Gold's safe-haven appeal.
200 Dema Touched After 1000 Days !! 🔵 Stock: JAI BALAJI (Weekly)
🔥 Support Revisit: Back to the 200 DEMA after 1000 days
A level that once acted as the launchpad.
Current structure shows an active compression trend (CT) right into this long-term dynamic support.
The chart also aligns below a major supply zone / ATH band, keeping the broader context in check.
📉 No prediction. No call. Just structure, levels, and time-tested zones doing the talking.
Bitcoin is Coiling – Ready to Break Out Toward 112K?On the H8 timeframe, BTCUSDT is forming a clear bullish setup. After a strong rebound from the support zone around 104,489 — which aligns with a previous demand area and Fair Value Gap — price has broken above the descending trendline and is now retesting the resistance near 107,500. This structure is shaping into a broadening triangle pattern, signaling a potential breakout.
If BTC holds the 105,000–106,000 area during the upcoming pullback, there is a high probability of a bullish breakout toward the 112,000 level — a key previous high.
On the news front, market sentiment is improving as U.S.-based Bitcoin ETFs attract fresh inflows, coupled with growing expectations that the Fed will hold interest rates steady amid signs of economic slowdown. These factors are providing strong support for BTC’s medium-term bullish outlook.
Ready for a Fresh Rally Ahead of July FOMC Buzz?XAUUSD: Powell's "Soft Tone" Ignites Gold – Ready for a Fresh Rally Ahead of July FOMC Buzz?
🌍 Macro Landscape: Gold Reacts to Fed's Cues – Easing Rate Pressures?
The gold market (XAUUSD) is witnessing a resurgence of positive momentum, driven by recent "dovish-leaning" signals from Federal Reserve Chair Jerome Powell during his congressional testimony. Powell's acknowledgment of lower-than-expected inflation from tariffs, coupled with hints of a potential earlier interest rate cut (possibly as early as July), is creating a fresh wave of market anticipation.
While Powell cautiously noted "no need to rush," market participants are interpreting his remarks as an indication that current monetary policy might be "somewhat restrictive." Should inflation continue its sustainable deceleration, the Fed would be poised to ease policy sooner. This directly impacts gold: as rate cut expectations rise, the opportunity cost of holding gold (a non-yielding asset) diminishes, making it significantly more appealing to investors.
🏦 Central Bank Policy: Fed's Evolving Stance & Market Re-calibration
Federal Reserve (Fed): Chair Powell's nuanced message suggests a more adaptable Fed, ready to align its policy with actual inflation data. His emphasis on the Fed's independence from political influence further solidifies confidence in data-driven decisions.
Market Re-calibration: While the broader market still leans towards a September rate cut, the probability of a July cut is subtly increasing, according to the CME FedWatch Tool (with 70.1% anticipating a cut to 4.00 - 4.25% by September). This re-pricing of policy risk is a crucial supportive factor, helping gold maintain stability around the $3,300–$3,320/oz mark, indicating smart money accumulation.
This evolving Fed perspective, even a slight shift, is powerful enough to influence capital flows and investor sentiment globally, setting the stage for significant gold movements.
🌐 Capital Flows: Gold & USD – The Shifting Safe-Haven Dynamics
Global capital flows are highly sensitive to interest rate expectations and perceived risks. Historically, both gold and the U.S. dollar serve as primary safe havens during periods of uncertainty.
If Powell's "dovish tilt" gains further traction and leads to earlier rate cuts, we could anticipate a notable rotation in capital:
Outflows from USD: Lower U.S. yields would diminish the attractiveness of the USD as a yielding asset.
Inflows into Gold: The reduced opportunity cost of holding gold, combined with its intrinsic store-of-value appeal, could trigger substantial capital flows into the precious metal, especially amidst persistent global geopolitical tensions.
The market's re-evaluation of Fed policy risk is already contributing to gold's resilience, suggesting that strategic positioning for an upside move might be underway.
📊 Technical Structure (H4/M30 Chart Analysis): Gold Breaking Bearish Bias, Targeting Higher Levels
Based on the provided XAUUSD chart (H4/M30 timeframe):
Channel Breakout: Gold has visibly broken out of a prior descending channel, signaling a clear weakening of selling pressure and a potential trend reversal. The price is currently consolidating and appears to be forming a new accumulation pattern or a smaller ascending channel.
Key Price Levels:
Potential Sell Zone (Resistance): Around 3,352.383 - 3,371.205. This zone aligns with significant Fibonacci retracement levels (0.5 and 0.618 from the last major swing down) and represents a strong historical resistance cluster. If the price attempts to breach this zone and fails, selling pressure could emerge.
Higher Resistance: 3,391.750 - 3,395.000. This is a formidable resistance area. A decisive break above this level would confirm a more robust long-term bullish trend.
Current Buy Zone (Support): Around 3,302.939 - 3,311.214. This is a critical demand zone, where strong buying interest is likely to surface, coinciding with recent swing lows.
Next Key Support: 3,286.257. Should the 3,302.939 - 3,311.214 zone be breached, this level would be the next significant support to watch.
Moving Averages (EMA 13-34-89-200):
The price is currently trading above the shorter-term EMAs (13 & 34), indicating positive short-term momentum.
The longer-term EMAs (89 & 200) are likely transitioning from resistance to dynamic support, or showing signs of convergence, suggesting a potential shift in market structure. A 'Golden Cross' formation among these EMAs would be a powerful bullish signal.
Projected Price Action: The chart depicts a scenario where the price might retrace slightly towards the 3,317.738 support or even deeper to 3,302.939 before embarking on a strong upward rally, targeting resistance zones like 3,352.383 and further to 3,371.205.
🎯 Trade Strategy Recommendations (Based on Provided Zones):
BUY ZONE: 3286 - 3284
SL: 3280
TP: 3290 - 3294 - 3298 - 3302 - 3306 - 3310 - 3315 - 3320
BUY SCALP: 3302 - 3300
SL: 3295
TP: 3306 - 3310 - 3314 - 3318 - 3322 - 3326 - 3330
SELL ZONE: 3353 - 3355
SL: 3360
TP: 3350 - 3346 - 3340 - 3335 - 3330 - 3320
SELL ZONE: 3372 - 3374
SL: 3378
TP: 3370 - 3366 - 3362 - 3358 - 3354 - 3350
⚠️ Key Events to Watch:
Further Speeches by Fed Officials: Any new comments on inflation, economic data, or the rate path will heavily influence market dynamics.
Global Geopolitical Developments: Ongoing tensions or new uncertainties can always bolster gold's safe-haven appeal.
XAUUSD – Technical Pullback, Bearish Trend Remains DominantGold posted a mild recovery of around 650 pips on June 25, closing near 3,329.57 USD, marking a short-term rebound after a sharp decline. However, both technical structure and macroeconomic outlook suggest that the bearish trend remains in control.
On the H4 timeframe, XAUUSD has broken below a multi-week ascending channel and is now trading beneath the previous support trendline, which has turned into resistance. The price gap around 3,360–3,376 USD remains partially unfilled, making it a potential magnet for a short-term technical pullback.
The current price structure is forming a “lower high – lower low” pattern, confirming sustained bearish momentum. If price fails to reclaim the FVG zone near 3,376.5 USD, a decline toward the support area at 3,308—and possibly down to 3,270—remains likely. Upcoming U.S. Core PCE and Q1 GDP data will be key in determining gold’s next directional move.
USHA MARTIN – Weekly Structure SnapshotA clean White CT that had acted as a multi-month resistance is now being engaged. Price is attempting to push above it, but the current candle is still developing — small-bodied so far, which is typical during early phases of structural tests on the weekly timeframe (WTF).
🟧 Just above lies a wick-based hindrance — a level that previously reacted with strong rejection. It's also where the current active CT had its last struggle, making it a structurally relevant zone, not something to ignore.
The base that formed in the ₹270–290 region stands out — multiple rejections without deeper breakdowns, a sign of demand stability. Volume expansion this week is notable — especially after 252 days of subdued activity — marking a shift in participation worth observing.
📌 This is not a prediction. Not a forecast. Not a trading call.
Just a structural walkthrough of what price is doing — and where attention has historically been paid.
Let the price write the story — our job is to read structure, not write headlines.
GOLD – ONCE AGAIN AT A CROSSROADSThe gold scenario is becoming clearer: price is holding firmly at the key support zone around 3,300.900 and is gearing up to react to a series of “bombshell” U.S. data releases – including GDP and the Fed’s preferred inflation gauge, Core PCE. These two indicators are critical in shaping future Fed policy.
From a technical standpoint, buyers have halted the decline at a previous Fair Value Gap (FVG) – a zone that previously supported a bullish breakout. The recent rebound from this area opens up a potential move towards 3,368.700, where a new FVG exists and coincides with a long-term descending trendline. This is not only a technical target, but also a testing ground to assess whether the market has enough momentum to reverse the broader downtrend.
However, one must also acknowledge the risk: if upcoming U.S. data reinforces the Fed’s hawkish stance, gold is likely to face rejection at the trendline – and could once again slip below the 3,300 zone.