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Gold Analysis -MMF- Profit-Taking Signals Opportunity🚀 Critical Levels Today! 📊 ✅ Yesterday’s Recap: Our previous analysis hit around 90% accuracy 🎯, with gold responding perfectly at historical highs, prompting traders to book profits early in the European session. The bearish momentum is continuing into today's Asian session. 📉 📌 Market Sentiment: Profit-taking is the primary driver at these historic highs. Investors are carefully eyeing lower liquidity zones for re-entry, positioning themselves strategically for future gains as global economies lean towards rate-cut cycles and an era of cheaper money. Historically, such cycles strongly favor gold prices. 🌟💰 📌 Technical View: Technical signals align closely with fundamentals: reversal signals at recent highs are mild, suggesting cautious profit-taking rather than aggressive short-selling. Gold traders are merely scouting temporary peaks cautiously, not heavily bearish yet. ⚠️🔍 📉 Critical Levels: 🛑 Resistance: 3038 | 3046 | 3056 | 3070 🟢 Support: 3030 | 3025 | 3014 | 3005 Currently, gold has broken the bullish H1 channel, testing immediate support at 3025. A strong breakdown below this level could trigger deeper bearish moves, especially today—Friday volatility could drive intense movements targeting lower liquidity zones. 🔻🔥 🎯 Strategic Trading Zones: 🚨 BUY ZONE: 📈 Entry: 3006 - 3004 Stop Loss (SL): 3000 🛡️ Take Profit (TP): 3010 | 3015 | 3020 | 3025 | 3030 🎯 🚨 SELL ZONE: 📉 Entry: 3056 - 3058 Stop Loss (SL): 3062 🛡️ Take Profit (TP): 3052 | 3048 | 3044 | 3040 | 3035 | 3030 🎯 ⚡ Today’s Action Plan: Focus closely on Asian & European sessions. Updates will be provided ahead of the US session, anticipating high volatility and profit-booking activities. Stay disciplined, strictly adhere to your TP & SL to protect your account! 🙌💼
OANDA:XAUUSDShort
by MMFlowTrading
Is Dabur on the Verge of a Big Move? The Chart Holds the Answer!Hello Everyone! I hope you all are doing great in life and in your trading journey! Today, I’ve brought you a stock that’s as sweet as honey. Yes, you guessed it right, I’m talking about India’s best honey and Ayurvedic products selling company — DABUR. Dabur has always been known for its strong product lineup in the FMCG sector, with their products being staples in every Indian household. Let's dive into the technical setup and trading idea for Dabur and see if it's ready to provide us with some sweet returns! Looking at the weekly chart of Dabur India Ltd., the stock has been showing clear price action within well-defined zones. Currently, Dabur is testing a historically strong support zone around the 510-495 range, a level that has previously acted as a reliable bounce area. This zone is crucial to watch, as a hammer candle has formed at this support, signaling a potential bullish reversal . If this support holds again, it could provide a strong buying opportunity. The strong resistance zone near 660 marks the final target for this move, with a possible upside of around 37.94% . The stock is also showing potential for a swing trade as it approaches a reversal from the support. Keep an eye on price action around these levels to manage your risk effectively. Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions. If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
NSE:DABURLong
by TraderRahulPal
2
Support and Resistance Part -2What is the best support and resistance setting? Rules For Drawing Support and Resistance Use swing highs and swing lows in the market to your advantage. ... Don't worry if the highs and lows don't line up perfectly. ... Focus on the major (key) levels in the market. ... Stay within a six-month window. Tube resistance bands work great for almost any kind of exercise. They're the ultimate solution when it comes to anchored workouts to focus on isolation exercises, and they'll be useful in both upper and lower-body exercise.
NSE:NIFTYEducation
by SkyTradingZone
VA TECH WABAG LTD (NSE: WABAG) is about to break to the upsideRight now, it is completing a descending trendline breakout, which is a bullish pattern. The stock has been consolidating for the past 4 months in a corrective phase and is now attempting a strong breakout. All important levels have been marked on the chart. Looking at the chart, we can say that if the price sustains above the breakout level, there is a high probability that the stock will reach the ₹1,922 target. For the past few days, volume has also been quite good. If we enter the stock at ₹1,463, we can achieve the target with Risk: Reward :: 1 : 2.63. Support Levels: 🔹 ₹1,315 – Strong support zone 🔹 ₹1,182 – 50% Fibonacci retracement support 🔹 ₹1,007 – 61.8% Fibonacci support level (Golden Ratio) Resistance Levels: 🔹 ₹1,482 – Immediate breakout level 🔹 ₹1,573 – Fibonacci 23.6% retracement resistance 🔹 ₹1,922 – Final target zone Reasons: ✅ Consolidation for 4 months, leading to a strong breakout setup ✅ Descending Trendline Breakout ✅ Support at ₹1,315 holding strong ✅ Wait for RSI to cross 65 for confirmation ✅ Successful breakout attempt after a corrective phase ✅ High volume surge, indicating strong buying interest ✅ Price > 50-day & 200-day EMA (bullish signal) Verdict: Bullish Plan of Action: Enter once the breakout is confirmed to the upside. BUY: ₹1,463 Stoploss: ₹1,315 Target: ₹1,922 Trailing SL: ₹50
NSE:WABAG
by finnova_
Godrej Agrovet – Breaking Out After 245 Days of Consolidation!📊 Stock: GODREJ AGROVET LTD (NSE) – 1W Chart 📈 Breakout Alert! The stock has been consolidating for 245 days and is now breaking out with strong momentum! Hidden trendlines (yellow) indicate potential future price movement zones. Red trendline (CT) – Key resistance trendline that has been broken. Green trendline – Strong support area that held firm. Blue line marks the nearest all-time high based on multi-timeframe closing levels. With strong market participation and volume, this breakout looks promising! 📊🚀 💬 What are your thoughts on this breakout? Are you tracking this stock? Comment below! ⬇️
NSE:GODREJAGROLong
by Averoy_Apoorv_Analysis
GOLD (XAU/USD) Trading Plan: Will Gold Break $3100? 🚀Published by MMFlowTrading on March 20, 2025 Overview 📊 Gold (XAU/USD) is in a strong uptrend on the H1 timeframe, with price action moving within a clear ascending channel 📈. The recent breakout above the $3000 psychological level signals robust bullish momentum 💪. However, key resistance levels are approaching, and upcoming economic events might influence the next move. Let’s dive into the technical and fundamental factors to craft today’s trading plan! 🧠 Technical Analysis 🔍 Ascending Channel: Gold is trading within a well-defined ascending channel (highlighted in orange on the chart) 📉📈. The price has respected both the upper and lower boundaries, indicating a healthy uptrend. Currently, the price is near the upper channel resistance at $3070.612 🚧. Key Resistance Levels (VPOC High): The nearest resistance is at $3070.612, a high-volume node (VPOC) where sellers might step in 🛑. If this level is broken, the next targets are $3081.053 and $3097.774, with a potential push toward the psychological $3100 mark 🎯. Key Support Levels: The closest support is at $3031.774, aligning with the lower channel boundary and a previous VPOC level 🛡. A deeper pullback could test $3024.254 or even $3017.197, where buyers previously stepped in (marked by yellow circles on the chart) 📍. Additional Key Levels: Resistance: $3054 - $3061 - $3070 🚧 Support: $3044 - $3038 - $3031 - $3026 🛡 Fundamental Analysis 🌍 US Dollar Strength: Gold has an inverse relationship with the USD 💱. On March 20, 2025, the market is awaiting the US Jobless Claims data and Fed speeches, which could impact the USD 📅. If the data indicates a weaker US economy, the USD might weaken, supporting Gold’s rally toward $3100 🚀. Geopolitical Tensions: Ongoing global uncertainties (e.g., Middle East tensions, US-China trade talks) continue to drive demand for safe-haven assets like Gold 🛡. This fundamental factor supports the bullish bias in the short term. Interest Rates: The Fed’s recent dovish stance on interest rates (as of early 2025) has reduced the opportunity cost of holding Gold, further fueling its uptrend 📉. Trading Plan 📝 Buy Setup (BUY ZONE: $3032 - $3030) 🟢 Stop Loss (SL): $3026 ⛔️. Take Profit (TP): $3038 - $3042 - $3046 - $3050 - $3060 Sell Setup (SELL ZONE: $3069 - $3071) 🔴 ⛔️Stop Loss (SL): $3075 Take Profit (TP): $3065 - $3060 - $3055 - $3050 Market Note ⚠️ The market has been hitting all-time highs (ATH) after the FOMC storm early this morning 🌪. Traders, please stay cautious and strictly follow your TP/SL to keep your accounts safe! 🛡💡 Conclusion 🏁 Gold is at a critical juncture near $3070. A breakout above this level could pave the way to $3100, driven by strong technicals and supportive fundamentals 🚀. Alternatively, a rejection might lead to a pullback to the $3032 - $3030 buy zone. Stay disciplined and trade smart! 💪 What do you think about this setup? Drop your thoughts in the comments below! 👇 For more daily trading ideas, follow me on TradingView
OANDA:XAUUSDShort
by MMFlowTrading
2
Tanla Platforms Swing -Double Bottom + CT Breakout with Volumes 📈 Technical Breakdown: Double Bottom Formation at the base, signaling a potential reversal (though weak). CT Breakout on the Daily Timeframe (DTF) (White Line). Higher Timeframe (WTF) Resistance Zones marked by Yellow Lines, acting as hidden reactive resistances. Massive Volume Spike Today – the highest in recent times, confirming strong breakout momentum. 🎯 Trade Idea: A clean breakout from the CT with blasting volumes suggests a 1:1 trade opportunity at max for now. Price might face resistance at higher levels, aligning with the yellow CT lines. Need to watch if price sustains above the breakout zone for further continuation. 💬 Huge volumes—smart money stepping in or a trap? What’s your view? Let me know in the comments! 👇
NSE:TANLALong
by Averoy_Apoorv_Analysis
XAU/USD PLAN VIEW – PREPARE FOR THE FOMC STORM!📊 This week, all eyes are on the FOMC meeting on March 19, where the Fed will announce its interest rate decision and economic outlook. Gold remains bullish but is now approaching key resistance zones, which could lead to a short-term correction before determining its next direction. ⚠ Important Note: The following PLAN VIEW applies before the FOMC meeting. Once we approach the event, traders should consider closing positions to protect their accounts, as extreme volatility is expected when the news is released. 🔥 Fundamental Analysis – What’s at Stake in This FOMC? 📌 1️⃣ Fed Expected to Hold Rates at 4.25% - 4.5% but… The Dot Plot & Summary of Economic Projections (SEP) will guide the market’s expectations. If the Fed maintains a hawkish stance, the USD may strengthen, pressuring gold. If the Fed signals a dovish shift, the USD could weaken, pushing gold higher. 📌 2️⃣ Central Banks Are Still Buying Gold China, Russia, Poland, and India continue stockpiling gold, reducing dependence on the USD. This ongoing trend supports gold’s long-term bullish momentum, despite possible short-term pullbacks. Technical Analysis – XAU/USD Key Levels 🔹 Primary Trend: Bullish, but facing strong resistance. 🔹 Price Channel: Gold remains within an uptrend, though a short-term pullback is possible. 📌 Key Levels to Watch: 📍 Resistance: 3,055 - 3,071 – If gold faces rejection here, a correction could follow. 📍 Support: 3,021 - 3,009 – A key area to watch if a pullback occurs. 2,986 - 2,948 (FVG Zone H1) – Deeper liquidity levels if selling pressure increases. 🎯 PLAN VIEW – BEFORE FOMC BUY ZONE: 3010 - 3008 SL: 3004 TP: 3015 - 3020 - 3024 - 3028 - 3032 ELL ZONE: 3054 - 3056 SL: 3060 TP: 3050 - 3046 - 3042 - 3038 - 3030 ⚠ Key Warning: As we approach FOMC, consider closing all positions to avoid unnecessary risks, as the market reaction can be highly unpredictable. 🔥 A storm is coming with the FOMC – trade smart and protect your capital! 🚀
OANDA:XAUUSDLong
by MMFlowTrading
6
How to Spot the Market Bottom Before Everyone Else!Hello Traders! Catching the exact market bottom feels like finding a needle in a haystack. Many traders jump in too early and get trapped in false recoveries, while others wait too long and miss the best buying opportunities. So, how do we know when the market has truly bottomed out? Let’s break it down! 1. Key Signs That a Market Bottom is Forming Extreme Fear & Capitulation: When panic selling accelerates, weak hands get flushed out, and volume spikes—this is often the final shakeout before a reversal. Divergence in Indicators: If price is making lower lows, but indicators like RSI, MACD, or OBV are making higher lows, this signals weakening selling pressure. Institutional Buying (Smart Money Inflow): Look for large volume spikes at key support zones— institutions accumulate when retail traders panic sell. VIX & Fear Index Peaking: A spike in volatility (VIX) and extreme fear readings indicate that the market is near capitulation. Market Structure Shift: A higher high after a long downtrend signals a potential reversal and confirms a bottom formation. 2. Confirmation That the Bottom is In! Breakout Above Key Resistance: If the price successfully reclaims a major resistance zone and holds above it, this confirms a shift in momentum. Higher Highs & Higher Lows: A classic uptrend structure forms when the market starts making higher highs and higher lows. Sector Rotation & Strength in Leading Stocks: Watch for growth stocks, tech, or financials gaining strength before the broader market recovers. Positive Economic Triggers: Market bottoms often align with central bank policy shifts, interest rate pauses, or strong earnings reports. Volume Confirmation: The strongest bottoms are confirmed by high buying volume on up days and low selling volume on down days. 3. Common Traps to Avoid When Predicting Market Bottoms Catching the Falling Knife: Just because an asset has dropped significantly doesn’t mean it can’t go lower! Always wait for confirmation. Fake Breakouts & Dead Cat Bounces: A sharp rally during a bear market doesn’t always mean the bottom is in. Watch for volume and trend confirmations. Ignoring Macro Trends: If the Fed is still raising rates, inflation is high, or economic data is weak, the market could stay in a downtrend longer than expected. Not Managing Risk Properly: Always use stop-losses, proper position sizing, and avoid going all-in at once! 4. How to Trade a Market Bottom Effectively Look for Leading Stocks in Strong Sectors: The first stocks to recover often outperform the entire market. Use Scaling Entries: Instead of buying all at once, scale in with multiple entries as confirmation builds. Monitor Sentiment Indicators: Extreme bearishness in news and social media often signals a turning point. Trade with Trend Confirmation: Wait for the first higher high & pullback retest to confirm an uptrend. Have an Exit Plan: If the trend fails, cut losses quickly. If it works, let winners run! Conclusion Finding a market bottom isn’t about guessing—it’s about using data, price action, and sentiment indicators to confirm a shift in momentum. The best traders don’t try to buy the lowest price, they buy when the trend is shifting in their favor! Do you think the market has bottomed out yet? Let’s discuss below!👇
NSE:NIFTYEducation
by TraderRahulPal
6
Gold (XAU/USD) Trade Setup – Bullish Momentum Ahead?Gold Spot (XAU/USD) 1H Chart Analysis 🔹 Entry Point: 3,026.90 🔵 🔹 Stop Loss: 3,019.58 - 3,019.07 ❌ (Risk Zone) 🔹 Take Profit Levels: TP1: 3,034.64 🎯 TP2: 3,041.72 🚀 Final Target: 3,053.04 🏆 📈 Trend Analysis: 🔸 The market has been in a strong uptrend 📈 before pulling back to the entry zone. 🔸 The trade setup suggests a buy (long) position, aiming for higher levels. 🔸 If momentum continues, price may reach TP1 → TP2 → Final Target. ⚠️ Risk-Reward Ratio: ✅ Potential Reward: ~27 points 🏅 ❌ Risk: ~7-8 points 🚨 💰 Risk-to-Reward Ratio: 1:3 (Favorable setup) 🔻 Risk Factor: If price drops below 3,019.58, the trade will hit stop loss and may indicate a trend reversal 🔄. 📢 Conclusion: Bullish trade setup looking promising if price holds above the entry point and moves towards TP targets! 🚀🔥
FX:XAUUSDLong
by Jameshead007
Gold (XAU/USD) Trade Setup – Bullish Breakout AnalysisGold Spot (XAU/USD) 1-Hour Chart Analysis 🔹 Entry Point: $3,014.47 - $3,017.24 ✨ 🔹 Stop Loss: $3,005.86 ❌ 🔹 Take Profit Levels: ✅ TP1: $3,020.67 📈 ✅ TP2: $3,027.23 🚀 ✅ Final Target: Above $3,036 🎯 📉 Trend Analysis 🔸 Strong Bullish Momentum 📊🔥 🔸 Price Breakout from Consolidation 📢✅ 🔸 Higher Highs Formation ⬆️📈 ⚖️ Risk-Reward Ratio ✔️ Low Risk: Tight Stop Loss 📉🚨 ✔️ High Reward Potential: Profit targets significantly higher 📊💰 ✔️ Favorable Risk-to-Reward Setup ⚖️🔄 🚀 Trading Plan 🟢 Bullish Scenario: ✔️ If price holds above $3,014.47, it could hit TP1 & TP2 🎯🚀 🔴 Bearish Scenario: ❌ If price drops below $3,005.86, stop-loss triggers & trade is invalidated ⚠️📉 💡 Conclusion: This setup suggests a long (buy) trade with a strong bullish bias 📊💎. A breakout above $3,017 could push the price towards higher profit levels 🚀💰.
FX:XAUUSDLong
by Jameshead007
GOLD AWAITS FED DECISION – WILL $3,050 BE THE NEXT TARGET?📌 Market Outlook Gold is holding steady above the $3,000 level as investors remain cautious ahead of the March 19 FOMC meeting. The Federal Reserve is expected to keep interest rates unchanged, with increasing speculation about a potential rate cut in June. Despite last week’s price surge, gold’s short-term direction hinges on how the Fed’s economic outlook unfolds. If policymakers signal a dovish stance, we could see new highs beyond $3,050. However, any signs of persistent inflation may trigger a short-term pullback. 📊 Key Technical Analysis 🔹 Support Levels (Buy Zones) $3,000 – The psychological level where buyers are active. $2,985 - $2,975 – Strong liquidity zone, likely to provide support. $2,945 - $2,950 – If tested, this could be a major reaccumulation area. 🔺 Resistance Levels (Breakout Targets) $3,034 - $3,050 – Key resistance, breaking above could open the door for further upside. Above $3,050, momentum could accelerate toward $3,080 - $3,100. 🎯 Trading Strategy for Today 🟢 BUY ZONE: 2986 - 2984 📍 SL: 2980 🎯 TP: 2990 - 2994 - 3000 - 3005 - 3010 🔴 SELL ZONE: 3033 - 3035 📍 SL: 3039 🎯 TP: 3028 - 3024 - 3020 - 3015 - 3010 ⚠ Market Sentiment & Risk Management Gold is currently trading in an ascending channel with high volatility expected before the Fed’s decision. Traders should prepare for false breakouts and possible profit-taking moves around key levels. Stick to strict TP/SL strategies to mitigate risks! 📢 What’s your outlook for gold? Will we break above $3,050 or see a dip first? Let’s discuss! 🚀🔥
OANDA:XAUUSDLong
by MMFlowTrading
1
EUR/USD Bullish Breakout – Trade Setup & AnalysisTrendline Breakout 🔹 Price has broken above a descending trendline, signaling a bullish move. 📊 Trade Setup: 🟢 Entry Point: 1.08621 🟡 TP1: 1.08895 🔵 Target: 1.09612 🔴 Stop Loss: 1.08270 📈 Market Outlook: ✅ Bullish bias as long as price stays above 1.08621. 🚀 If momentum holds, the next key resistance is 1.09190, followed by the final target at 1.09612. ⚠️ Risk Managed: Stop-loss at 1.08270 to limit downside risk. 🔎 What to Watch: 🟠 If price retests 1.08621 and holds, it may be a good buy confirmation. 🔺 Breaking 1.09190 could trigger more upside momentum.
Long
by Jameshead007
3
GOLD HOLDS ABOVE $3,000 – BIG MOVE AHEAD?📌 Market Overview Gold remains stable above the $3,000 mark as traders await the March 19 FOMC meeting. The Federal Reserve is expected to keep interest rates unchanged, but speculation about a rate cut in June 2025 continues. Amid global economic uncertainty, gold maintains its position as a safe-haven asset, benefiting from a low-interest-rate environment. 🔹 Key Fundamental Factors 1️⃣ Fed’s Economic Projections The upcoming forecasts will provide insights into how policymakers assess Trump’s fiscal policies. A dovish Fed stance could push gold to new highs. 2️⃣ Safe-Haven Demand for Gold Low interest rates increase gold’s attractiveness as a non-yielding asset. Geopolitical tensions continue to support gold’s long-term bullish outlook. 3️⃣ Interest Rate & Inflation Impact Traders anticipate a rate cut by June, fueling gold’s rally. However, if inflation remains strong, the Fed may delay cuts, causing short-term pullbacks in gold. 📊 Technical Analysis – Key Levels to Watch 🔺 Resistance (Upside Targets) $3,034 - $3,050: If gold holds above $3,000, a test of this zone is likely. Breakout Alert: A move past $3,050 could trigger stronger bullish momentum. 🔻 Support (Pullback Zones) $3,000: A critical psychological level. $2,985 - $2,975: A potential dip zone where buyers might step in. $2,945 - $2,950: Strong long-term support—breaking below could indicate a shift in trend. 🎯 Trading Plan 🟢 BUY ZONE: 2986 - 2984 📍 SL: 2980 🎯 TP: 2990 - 2994 - 3000 - 3005 - 3010 🔴 SELL ZONE: 3033 - 3035 📍 SL: 3039 🎯 TP: 3028 - 3024 - 3020 - 3015 - 3010 ⚠ Market Caution! Gold is consolidating above $3,000, but volatility is expected ahead of the Fed meeting. Watch for potential breakouts or pullbacks—stick to risk management strategies! 📢 Will gold maintain momentum above $3,000, or is a correction coming? Share your thoughts below! 🚀🔥
OANDA:XAUUSDLong
by MMFlowTrading
Gold (XAU/USD) 1H Chart Analysis: Bullish Continuation Towards $This chart represents the XAU/USD (Gold vs. US Dollar) on a 1-hour timeframe, and it includes key technical levels and projections. Here’s an analysis of what it suggests: Key Observations: Current Price: $2,983.43 📍 H1 Support Zone: Marked in purple, showing a key short-term support level where buyers may step in. Previous All-Time High (ATH): The black horizontal line below the support level indicates a former record high, which now acts as a psychological support level. Target Levels: First target: $2,998.65 (Blue line) Final target: $3,020.97 (Higher blue line) 📈 Potential Price Action: If price holds the H1 support, there is a bullish setup, targeting $2,998 first and then $3,020 if momentum continues. 🚀 If support breaks, price could retest the previous ATH before bouncing back or moving lower. Market Sentiment: The overall trend is strongly bullish, indicated by the sharp breakout seen around March 14-15. A small consolidation is happening, likely forming a base for the next move up. Conclusion: Bullish bias remains intact as long as price stays above the H1 support zone. A break above $2,998 could accelerate movement toward $3,020. Watch out for any breakdown below previous ATH, as it may indicate a short-term reversal.
FX:XAUUSD
by Jameshead007
NIFTY 50 | Critical Levels & Gap-Fill Zones in Play!Nifty 50 continues to react strongly to key levels, but the overall structure still remains in correction mode. Let’s break it down: White Lines (DTF Trendlines) ⚪: 2 key support lines and 1 counter-trendline (CT). The DTF CT (near-term resistance) is around 500 points away from CMP, making it the next big test for bulls. Blue & Yellow Trendlines (WTF & MTF Support) 📉: A cluster of support created a bounce, but not as strong as past recoveries seen in 2023 or early 2024. Despite FII selloffs & global stress, technical levels are holding up well! Gap Zones (Blue Boxes) 📦: The nearest gap got filled, and the next one sits just below our DTF white CT. This could act as a magnet for price action in the near term. Gap Down Fill Candles : A few gaps got filled in a single session, showing bullish pressure at lower levels. But, without a higher high - higher low structure or a DTF white CT breakout, the index stays in a corrective phase.
NSE:NIFTY
by Averoy_Apoorv_Analysis
Anup Engineering | Counter Trendline Breakout on Radar!ANUP Engineering is at an interesting juncture! 📊 Green Trendline ✅: Acting as strong dynamic support, tested multiple times. Yellow Counter Trendline ⚡: The reactive line that could lead to a potential breakout. Blue Resistance 🔵: Multi-timeframe (MTF) resistance—first hurdle after a breakout. Yellow Resistance 🟡: Major resistance level where price action has reacted before. Multi-Timeframe Analysis (MTFA) is Key: If the Counter Trendline (CT) breaks, price may first test the MTF Resistance (Blue Line) before challenging the WTF Resistance (Yellow Line).
NSE:ANUPLong
by Averoy_Apoorv_Analysis
Bitcoin Price Analysis: Breakout, Resistance Zone & Key Support Hello Traders! In today’s post, we’ll explore the technical analysis of Bitcoin, one of the most popular cryptocurrencies in the market. It's essential to keep an eye on key levels like resistance zones and support levels to trade Bitcoin effectively. If you want to master these setups, understanding Bitcoin's price action is crucial. Looking at the Bitcoin chart, we can see a strong resistance zone that has been tested multiple times around 41,586, marking significant price rejection points. After the breakout above this zone, Bitcoin continued its upward journey, with targets set around 76,494 (a potential 104% upside). However, there's also a possibility of a pullback, with Bitcoin falling to a key support zone between 71,000-72,000. If the price retraces to this level, it could provide a good entry point for traders looking to ride the next leg up. The best support zone for Bitcoin is highlighted around 71,500, which could act as a strong buying opportunity. With Bitcoin currently in a strong upward trend, understanding these levels will help you make more informed decisions in your trading strategy. Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions. If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
BITSTAMP:BTCUSD
by TraderRahulPal
EUR/USD SET FOR A BREAKOUT? KEY LEVELS TO WATCH!📌 Technical Analysis The EUR/USD pair is currently trading within a well-defined ascending channel on the H4 timeframe, indicating a potential bullish breakout. Here are the key insights from the chart: Trend Outlook The pair remains in an uptrend, currently hovering around 1.0896. Resistance at 1.0931 is crucial—if broken, the price may surge toward the 1.0989 target. Support & Resistance Levels Key Support Zones: 1.0853 - 1.0875 Key Resistance Zones: 1.0931 - 1.0989 Possible Scenarios If EUR/USD holds above 1.0875, a push toward 1.0931 is likely. A breakout above 1.0931 could drive the price to 1.0989. Conversely, if the pair fails to hold support at 1.0875, it could retrace to 1.0853 before rebounding. Market Signals Current Trend: Bullish Breakout Potential: A confirmed break above 1.0931 could accelerate bullish momentum. Candle Structure: Price consolidation suggests a strong move is coming—either an upward breakout or a short-term pullback before resuming the uptrend. 📊 Fundamental Analysis FED & Interest Rate Impact The upcoming FOMC meeting is a key event this week, as traders expect the Fed to hold interest rates steady. A dovish stance from the Fed could weaken the USD, pushing EUR/USD higher. However, if the Fed signals a potential rate hike, the USD may strengthen, pressuring EUR. Eurozone Economic Factors The European economy remains fragile, but if upcoming inflation & GDP data show signs of recovery, EUR/USD could continue rising. Weak economic data, however, might result in downward pressure on the euro. Geopolitical Influence Recent geopolitical tensions, including US-Iran relations and global trade risks, could impact market sentiment. If uncertainty rises, USD may regain strength, potentially limiting EUR/USD gains. 🎯 Trading Strategy & Key Takeaways ✅ Overall Bias: Bullish ✅ Support Levels: 1.0853 - 1.0875 ✅ Resistance Levels: 1.0931 - 1.0989 ✅ Preferred Setup: Buy near 1.0875, targeting 1.0931 and possibly 1.0989 if a breakout occurs. Watch for pullbacks before confirming entry points. ⚠ Risk Management Alert! A break below 1.0853 may trigger further declines—watch price action closely. Stick to TP/SL and adapt to market volatility, especially with major economic data releases. 📢 What’s your take on EUR/USD? Will it break out or consolidate further? Drop your thoughts below! 🚀🔥
Short
by MMFlowTrading
XAG/USD 4H Weekly Analysis: Silver Aiming for $35.59?Key Observations: 📍 Current Price: $33.724 📉 (-0.07%) 🟢 Support Zones: H4 Support: 📌 $33.000 🔵 Major Support: 📌 $31.000 🔵 (Highlighted with 🔥⚡ and news icons 📊📅) 🔴 Resistance Levels: $34.000 Resistance 🛑 Target: 🎯 $35.591 📈 📈 Expected Price Movement: ✅ Bullish Scenario: The price bounces off the support and pushes past $34.000 🚀 A move towards $35.59 target 📊💰 ⚠️ Bearish Scenario: If price fails to break $34.000, it may drop back to $33.000 or even $31.000 ⬇️🛑 Economic events (📅📉) may cause high volatility 🎯 Final Thought: Likely bullish movement toward $35.59 if support holds 💹📈 Watch for price action at $34.000 – key level for breakout 🔍⚡
OANDA:XAGUSD
by Jameshead007
GBP/JPY Short Trade Setup – Bearish Reversal PotentialThis chart represents a GBP/JPY (British Pound to Japanese Yen) 1-hour timeframe trade setup with a clear short (sell) position strategy. Here's a breakdown: Key Levels: Entry Point: 📍 192.894 (near current price 192.771) Stop Loss: ❌ 193.542 (above entry, marking a point where the trade will be exited if it moves against expectations) Take Profit Targets: TP1: 🎯 192.258 TP2: 🎯 191.688 Final Target: 🎯 190.755 Trade Strategy: The trader is anticipating a downward movement in GBP/JPY from the entry zone. Stop loss is placed above recent highs, ensuring risk management. Take profit levels are structured to secure partial profits as the price moves down. Market Context: Current Price: 🟡 192.771 (slightly below entry) If price rejects from the entry zone (192.894) and starts moving down, the trade could play out successfully. A break above 193.542 would invalidate this trade, suggesting further bullish momentum. Conclusion: 📉 Bearish Bias – Expecting a drop in GBP/JPY price 🎯 Risk-Reward Setup Looks Favorable ⚠️ Watch for Rejections at Entry Zone & Market Trends
by Jameshead007
GOLD IN A WAIT-AND-SEE MODE – IS A BIG BREAKOUT COMING?📌 Market Overview Gold is showing weak momentum at the start of the new trading week after a sharp decline from last week's high. This suggests that investors are still waiting for clearer signals before committing to a direction within the current price channel. This week, market participants will closely watch the Federal Reserve’s FOMC meeting, where key decisions regarding interest rate policies will be made based on last week’s inflation reports. Meanwhile, geopolitical tensions are rising after Trump’s recent airstrikes on Iran-backed Houthi forces. However, despite this significant event, gold has yet to show a strong bullish reaction. This raises the need for further confirmation before defining the next major trend. 📊 Key Levels to Watch 🔹 Support Levels: 2982 - 2976 - 2966 - 2948 🔹 Resistance Levels: 2994 - 3004 - 3015 - 3034 🎯 Trade Setups for Today 🟢 BUY ZONE: 2975 - 2973 📍 SL: 2970 🎯 TP: 2980 - 2984 - 2988 - 2992 - 2998 🔴 SELL ZONE: 3033 - 3035 📍 SL: 3038 🎯 TP: 3030 - 3025 - 3020 - 3016 - 3010 ⚠ Caution Ahead! Possible Breakout Incoming! Gold has been trading within a narrow range since last week, and a strong breakout is highly likely during the late Asian or early European session. Traders should be prepared for high volatility and ensure proper risk management. Stick to TP/SL levels to protect your capital! 📢 What’s your outlook on Gold this week? Will it break higher or continue its correction? Drop your thoughts below! 🚀🔥
OANDA:XAUUSD
by MMFlowTrading