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Technical Analysis

Simple CT-Based Price Action Breakout | Volume + Price Alignment✅ White Line: Represents a well-respected CT trendline — multiple touches before finally getting broken with conviction. ✅ Volume Breakout: Strong volume spike confirms the breakout — classic case of price and volume moving in sync. ✅ White Zones: Marking clear Higher Low formations — price respecting structure before launching up. ✅ Green-Cyan Line: Marks a multi-timeframe supply zone. This level will be critical for continuation or rejection watch. Structure, volume, and context are lining up — keeping this one on radar for further price action development. 📊
NSE:RACLGEARLong
by Averoy_Apoorv_Analysis
A Long-Term Outlook on Gold and the U.S. DollarTechnical and Fundamental Analysis: A Long-Term Outlook on Gold and the U.S. Dollar 1. Technical Analysis: Gold (XAU/USD): Current Price: Gold is currently trading around the 3,219.39 level, marking a significant high compared to recent price levels. This is seen as a major resistance point that could limit the price in the short term. Key Support and Resistance Levels: Resistance: 3,164.62, 3,190.48, 3,219.39 Support: 3,118.98, 3,069.60 Moving Averages (MA): MA 13 (Short-Term) and MA 34 (Medium-Term) both lie below the current price, indicating a bullish trend in the short to medium term. MA 200 (Long-Term) shows that the long-term trend for gold remains strong and stable, with the price currently trading above all these moving averages. Current Situation: Gold is on a strong upward trajectory, supported by economic factors such as the Federal Reserve's interest rate policies and overall monetary policies. The current price suggests that gold could continue to rise in the short term, particularly if the U.S. Dollar remains weak. Long-Term Outlook: If the resistance level of 3,219.39 is breached, gold could potentially move towards the 3,250 level and beyond. However, caution should be exercised as profit-taking may occur towards the end of the week. Avoid FOMO and buying at the peak. 2. Fundamental Analysis: U.S. Dollar (DXY Index): The DXY Index is currently in a strong downward trend, trading below 100.554. It may continue to fall towards 99.783 in the upcoming months. Key Support Levels for USD: 99.783 and 97.500. If the DXY continues to drop and breaks these levels, it would put additional pressure on the USD and be supportive for gold. Impact of Monetary Policies: The Federal Reserve has indicated a potential interest rate cut in the future, which would continue to pressure the U.S. Dollar and support gold, especially amid global economic concerns. Economic Situation in the U.S.: With some economic indicators such as CPI and PPI showing weakness, the U.S. economy is facing challenges. This adds further pressure to the U.S. Dollar and provides an advantage to gold. 3. Long-Term Perspective: Gold is currently in a strong bullish trend, supported by both technical and fundamental factors. In the short term, gold may continue to rise as long as the U.S. Dollar remains weak. However, caution should be exercised toward the end of the week due to potential profit-taking. For Gold (XAU/USD): If gold breaks key resistance levels, it could continue to rise in the long term, especially if the U.S. Dollar remains weak. However, caution should be taken at the peaks. As for the U.S. Dollar: The DXY is expected to continue its decline in the short term, which would further support gold. However, if the DXY starts to recover, gold might face some pressure. Trading Strategy: Preferred Buy Zones for gold: 3,118.98 and 3,069.60. But be cautious as profit-taking could occur toward the end of the week. Avoid selling gold unless the major resistance levels are broken and clear signals emerge from the market. Conclusion: With gold continuing its upward trend, supported by favorable monetary policies and economic expectations, gold remains a strong opportunity for both short and long-term investors. However, investors should be cautious about profit-taking towards the weekend. Monitoring future performance of the U.S. Dollar and any changes in Federal Reserve monetary policy will be crucial.
FOREXCOM:XAUUSDLong
by MMFlowTrading
Gold Bull Run: The Market's Wild Ride and the Upcoming Big ShortGold Bull Run: The Market's Wild Ride and the Upcoming Big Short? 💰📉 Introduction: The market is experiencing an intense bull run, with gold (XAU/USD) fluctuating over 100 points daily, from 3080 to 3200. Market sentiment plays a critical role during this time, as a large amount of capital has entered the market, buying the dip across various financial assets. But the burning question remains – is this a strong recovery wave or just a bull trap before the massive BIG SHORT of the century in financial markets? 🧐 Technical Analysis: From a technical standpoint, gold is currently very unpredictable, as both the upward and downward movements have been swift and strong. We saw gold lose 200 points in a week, but it took only two days to regain and set a new all-time high (ATH). Currently, the ATH sits at 3200, and it looks like it could continue climbing today, especially with the PPI data expected to be released. 📈 Yesterday, the U.S. economic data came in negative, validating the strong rise in gold prices. This might indicate that history could repeat itself, with the upcoming CPI and PPI numbers also being lower, which would negatively impact the U.S. economy and lead to a weaker USD, causing gold to surge further. 📊💡 In the short term, consumer spending in the U.S. is decreasing, but in the long run, these economic figures are positive for the USD (DXY). This could be preparing the stage for a major BIG SHORT in the near future, possibly in June, with the first rate cut by the FED this year. 🏦 Short-Term Strategy: For now, we will prioritize a BUY strategy based on the news and the market's strong momentum. The FOMO BUY (Fear Of Missing Out) is stronger than ever. In the Asian session, we might see a minor pullback to the 317x range, followed by a rally during the European session. I will be looking for BUY entries rather than SELLing at this point. Key Support Levels: 3200 3188 3174 3157 3130 3120 Key Resistance Levels: 3265 3302 Trading Plan: BUY ZONE: Buy Zone: 3175 - 3173 SL (Stop Loss): 3168 TP (Take Profit): 3180 - 3184 - 3188 - 3192 - 3196 - 3200 - Open SELL ZONE: Sell Zone: 3301 - 3303 SL (Stop Loss): 3308 TP (Take Profit): 3296 - 3292 - 3288 - 3284 - 3280 - 3270 - Open Risk Management: Given the significant volatility and unpredictability in gold’s movement, traders should carefully consider their entries before taking a position. Be sure to stick to your TP/SL levels to protect your account and manage risks effectively. 🛡️ Conclusion: Gold’s recent bull run has created a very volatile environment, and while there’s a lot of excitement and momentum, caution is key. Stay vigilant and always prioritize risk management when trading in such volatile conditions. Let’s see how the market moves in the next few days as we wait for critical economic data. What do you think? Are we in a bull trap or just getting started? Share your analysis and thoughts below! 💬👇
OANDA:XAUUSDLong
by MMFlowTrading
Vip Clothing - Power Breakout🟡 WTF Parallel Channel The stock was respecting a long-term descending parallel channel (yellow lines), and recently took support off the lower boundary. 📉 Higher Low Formed It created two clear demand zones (marked boxes), confirming higher lows — a classic signal of accumulation and reversal strength. 📊 Supply Zone Broken Not just any breakout — it smashed through the supply zone with strong bullish candles, showing conviction and volume support. 📐 Trendline Breakout Today, it broke out of the counter trendline (CT) and the descending resistance (2 dotted lines) — both gone in a single strong move, putting it in a clear breakout zone. 🎯 What's Next?
NSE:VIPCLOTHNGLong
by Averoy_Apoorv_Analysis
Comprehensive Research - McDonald’s Stock Set to SoarQuick read: McDonald's stock is poised for a bullish move, with Wave 3 likely starting and strong support near 290.50–295.00. Traders should long on dips within this range, for next resistance levels, 326.00 and 348.00 with a invalidation below 276.00. This setup offers a solid risk-to-reward in a long-term uptrend. Alternative safe entry is possible after the break of corrective channel breakout of wave (2). Elliott Wave Forecast: TF - Daily The chart suggests that McDonald’s stock is in the middle of a larger upward move known as Wave C, which comes after completing a complex correction. Wave C is expected to unfold in five smaller waves, a pattern that usually points to a strong uptrend. It appears the correction is behind us, and a fresh bullish phase is underway. Starting from the low at 276.53 , marked as Wave B, the price climbed to 326.32 , forming Wave one. After that, the stock pulled back to 290.50 , forming Wave two. This pullback followed a typical ABC pattern within a corrective channel, which often signals the end of a downturn and the beginning of an upward move. Now, Wave three seems to be starting, and this is usually the strongest part of Wave C. The price is expected to move above 335 , take a small pause for Wave four, and then rise again to complete Wave five somewhere around 345 to 350 dollars. This positive outlook remains intact as long as the price stays above 290.50 . With the breakout from the corrective channel, the setup looks strong and clear for buyers. Fibonacci levels: Fibonacci Extension Targets: 1.000 extension: 326 1.618 extension: 348 Correction Retracement Levels: Wave 2 retracement: 78.6% A = C in A-B-C correction: 289.21 Price Action & shifting of value: TF: Weekly McDonald’s stock has been steadily climbing inside a rising channel since late 2020, showing a clear long term uptrend. The price has respected both the top and bottom edges of this channel very well, and interestingly, the middle line has acted like a pivot, providing support or resistance multiple times over the years. Recently, the stock made a higher low at 276.53 and bounced back strongly, keeping the bullish structure intact. It then pulled back to 290.50 , right around the middle line of the channel, and held above an upward sloping trendline. This kind of price action shows strength and suggests buyers are stepping in. The sharp move from 276.53 up to current levels looks like a strong bullish leg, possibly driven by accumulation. If the stock can break above its recent high of 326.32 , it could head toward the upper end of the channel. As long as the price stays above 290.50 and especially above 276.53 dollars, the bulls remain in control. Even if the price dips a bit, the long term trend stays positive unless the lower boundary of the channel breaks down. I will update more Information here.
NYSE:MCD
by Money_Dictators
GBPCAD - Is Bullish Breakout Ahead?TF: 4h GBPCAD is initiating along opportunity by completing 4th intermediate wave at 1.83464 . We can expect a retracement then reversal with near the lower trendline of the parallel channel. Once price comes down, we will have the opportunity to go long with minimum stop level at low of the wave 4 at 1.83640 . The bullish scenario is capable GBPCAD to provide 1.8654 - 1.8748 targets to the buyers. If the breakdown occurs, wave (4) will go deep. We update this chart time to time. Traders should only buy after a clear reversal.
by Money_Dictators
Gold's Strong Recovery: Key Levels to Watch in XAU/USDXAU/USD Technical Analysis: Gold Shows Strong Recovery Amid Global Economic Optimism 💰📊 Introduction: Gold (XAU/USD) is currently experiencing a strong recovery, supported by several key factors in the global economic landscape. One notable factor is the 90-day tariff suspension for major countries worldwide, which has created a more positive sentiment among investors. Additionally, U.S. stock markets saw a strong boost as this news was announced. The recent FOMC meeting also highlighted the potential for interest rate cuts later this year, further boosting optimism across financial markets. 📈 Technical Analysis: On the XAU/USD chart, gold is showing a solid recovery from recent lows. The price has broken through key resistance levels and is now approaching new highs. Here are the important resistance and support levels that traders should keep an eye on: Key Resistance Levels: 3146 3162 3168 Key Support Levels: 3096 3078 3066 3052 Moving Averages (MA): MA 13 (Orange Line): This short-term moving average is supporting the upward trend and providing BUY entry signals when the price is above MA 13. MA 34 (Yellow Line): The medium-term MA is positioned above the price, further supporting the bullish trend. MA 200 (Red Line): The long-term MA is confirming a strong uptrend as the price remains above MA 200, reinforcing the positive outlook for gold. Trading Plan: BUY ZONE 📈: Buy Zone: 3096 - 3094 SL (Stop Loss): 3090 TP (Take Profit): 3100 - 3104 - 3108 - 3112 - 3116 - 3120 SELL ZONE 🔽: Sell Zone: 3164 - 3166 SL (Stop Loss): 3170 TP (Take Profit): 3160 - 3156 - 3152 - 3148 - 3144 - 3140 Fundamental Analysis: Yesterday was a positive day for gold, with various fundamental factors supporting the short-term and medium-term bullish outlook. The suspension of tariffs for 90 days among major countries has created a positive sentiment, and the possibility of interest rate cuts from the FOMC has strengthened the expectation of gold's recovery. 📈💡 Risk Management Advice: Given the current market momentum, the strategy is to focus on BUY entries near key support levels. However, traders should be cautious when selling, as the bullish trend may continue strongly if the price breaks through key resistance levels. Always apply proper risk management by using stop loss and only trade with capital you can afford to lose. Conclusion: Gold is currently in a strong recovery cycle, with both fundamental and technical factors supporting the uptrend. Traders should watch for key support and resistance levels to implement their trading strategies effectively. Be prepared for BUY opportunities near support zones and watch the resistance levels for potential sell signals as the market moves forward. 📊📉 What are your thoughts on Gold's movement? Share your analysis and trade ideas in the comments below! 💬👇
OANDA:XAUUSDLong
by MMFlowTrading
The Most Powerful Gap Fill Strategy You've Never Used!Hello Traders! Today, let’s dive into one of the most reliable and underrated trading setups – the Gap Fill Strategy on the Daily Chart . This strategy works like magic when traded with patience and proper confirmation. If you’re a swing trader looking for high-probability setups, this is a goldmine for catching reversals and trend continuation moves . When a stock or index leaves a price gap and then returns to fill that area, it often provides a clear entry point with well-defined risk and reward . What is a Gap Fill? Gap Up or Gap Down: A gap is formed when the price opens significantly higher or lower than the previous day’s close. Gap Fill: A gap fill happens when price retraces and returns to cover the gap zone fully or partially. Why It Works: Gaps often represent emotional moves or news-based reactions. When that emotion fades, price tends to come back to “fill the gap,” offering a great opportunity. How to Trade the Gap Fill Strategy Chart Timeframe: Focus on the Daily Timeframe for more reliable swing setups. Identify Clear Gaps: Look for recent gap ups or downs with strong candles and volume. Confirmation: Wait for reversal candlestick patterns (like bullish engulfing, hammer, or doji) near the gap zone. Entry: Enter once price enters the gap zone and shows signs of reversal. Stop Loss: Place SL below the gap zone (for longs) or above it (for shorts). Target: First target is the top/bottom of the gap; second target based on previous support/resistance. When Is It Most Effective? After News-Driven Gaps (like earnings, macro events) At Key Support/Resistance Zones In Range-Bound or Reversal Markets Rahul’s Tip Gaps get filled not always — but often! Combine this setup with volume analysis and candle patterns, and it turns into a powerful swing weapon. Trust the structure, and wait for confirmation. Conclusion The Gap Fill Strategy on the Daily Chart offers a simple yet effective way to catch swing trades with clean entries and exits. It’s perfect for those who can wait for the right moment rather than chase every candle. Have you used the gap fill setup in your trading? Share your experience below and let’s grow together!
NSE:NIFTYEducation
by TraderRahulPal
BRIGADE – Falling Wedge at Demand Zone, Waiting for BOSSetup Type: Reversal + Breakout Play | Conviction: Medium-High (Needs Confirmation) Chart Framework: Smart Money + Classic TA BRIGADE is showing signs of a potential trend reversal, but we’re not jumping in yet. Here's what the chart tells us: 🟡 Falling Wedge Formation – A bullish reversal pattern that typically resolves to the upside. 🟢 Tapped into a Strong Order Block – Smart money territory where previous accumulation took place. 🧲 Liquidity Grab Below Prior Lows, but... Volume on Bounce is Weak – Sign of caution. 📢 Analyst Rating: STRONG BUY – Adds institutional bias to the bullish setup. 🔐 No Confirmed Break of Structure Yet – Enter only after a clean breakout above ₹1050. 📈 Trade Plan: Wait for a strong BOS (Break of Structure) and price closing above ₹1050 with volume. Target zone near ₹1440+ aligns with measured move of wedge and previous supply. ⚠️ This is a setup with potential, but it’s not “ready” yet. Don't front-run smart money — let price confirm before jumping in. Risk management is a must.
NSE:BRIGADELong
by Trading_Mentor_Amaan
3
GOLD MARKET OUTLOOK Continuation of Bearish Structure Ahead FOMC🟡 GOLD MARKET OUTLOOK – Continuation of Bearish Structure Ahead of FOMC The market continues to follow the bearish view we’ve held since the start of the week. As of today, price action is forming a descending triangle pattern toward the tip on M30–H1, within a compression zone between a declining trendline and a minor rising trendline. 🔍 Zooming out, the broader chart context shows a clear bear flag formation, and I remain biased toward a further drop into the 294x–293x zone in the coming sessions. ⚠️ Tonight’s US session brings the FOMC meeting, which may trigger high volatility and liquidity sweeps toward unfilled zones below current price. Be cautious! 📌 As long as price fails to break above 3075, there’s no confirmed shift in trend. The 307x zone remains a key level for sellers — if unbroken, panic selling may intensify and buyers will remain sidelined. 🧠 Global equities are seeing a light rebound — led by late US session gains and some recovery in Asia & India today — but this seems more like a dead-cat bounce than true capital inflow. → Remember: CPI & PPI data are still due this week, so don’t rush to FOMO. 🧭 Key Technical Zones: 🔺 Resistance: 3026 – 3045 – 3074 🔻 Support: 2974 – 2957 – 2944 – 2930 🎯 Trade Plan: 🔴 SELL ZONE: 3044 – 3046 SL: 3050 TP: 3040 – 3036 – 3032 – 3028 – 3024 – 3020 – 3010 – 3000 🟢 BUY ZONE: 2976 – 2974 SL: 2970 TP: 2980 – 2984 – 2988 – 2992 – 2996 – 3000 💡 The market remains sensitive — stick with the dominant trend and don’t chase emotional trades. Always follow your TP/SL rules and be patient — let the market come to you. Stay safe & trade smart, — AD | Money Market Flow
OANDA:XAUUSDShort
by MMFlowTrading
1
AUD/USD Supply Zone Rejection Trade Setup🔵 Supply Zone → (Blue highlighted area) The price is expected to reverse from here. 🔹 Entry Point → 0.60610 📍 (Marked with a blue line) The trade is planned to start here. 🟠 Stop Loss → 0.60934 ❌ (Marked with an orange line) If the price goes above this, the trade will be exited to prevent further loss. 🔻 Target Point → 0.59400 🎯 (Marked at the bottom) Expected profit zone if the trade moves as planned. 📉 Trade Plan: ✅ Short position (Sell trade) expected to drop from the supply zone. 🚀 Risk-to-reward ratio looks good as the potential profit is higher than the risk. ⚠️ Risk Factor: If price breaks above the supply zone, the setup might fail.
Short
by Jameshead007