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Extreme Sentiment in Metals: Gold & Silver Correction Ahead?In my previous update for this week , Despite my expectation of a correction beginning this week, Gold closed with a 3% gain yesterday, showing amazing strength . The daily chart still reflects an overbought RSI on monthly (85) and weekly (80) timeframes, reinforcing my view that a correction phase is imminent. While Gold has soared, Silver has lagged, failing to reclaim its late March high. I expect Silver to follow gold during this correction, potentially pushing the Gold/Silver ratio higher to a target of 110-114. The recent upside move in Silver formed an ending diagonal with a powerful throw-over, suggesting exhaustion. For Silver to confirm an uptrend and invalidate the corrective count, it must break above 33.45. Sentiment levels are at extremes, with the Daily Sentiment Index hitting 83 for Gold and 87 for Silver, indicating overbought conditions that often precede reversals. A major concern is the Dollar Index (DXY), which looks set to make a lower low after forming an triangle on the 1-hour chart. When DXY turns up, metals are likely to face heavy pressure. I believe better entry points for bullish metals positions will emerge after this correction, especially as DXY bottoming process nears. Despite Gold recent strength, my view remains unchanged —both metals are due for a correction. Gold rally off the April 7 low appears corrective (wave iv) compared to the impulsive wave iii sell-off, and Silver ending diagonal adds to the bearish case. The lack of daily close confirmation for a correction in Gold hasn’t altered my stance, but I’m watching closely. The DXY anticipated rally could be the catalyst to push metals lower. I’m targeting Gold support at 3,150-3,168 and then 3000 for this correction and Silver critical level at 30.50 as key areas to monitor.
PEPPERSTONE:XAUUSDShort
by TheGoldenCircle
1
Gold Hits New ATH Amid Escalating US-China Tensions Gold Hits New ATH Amid Escalating US-China Tensions 💰📈 The market has become more sensitive than ever as investors are deeply influenced by decisions from the world’s most powerful leaders. The ongoing tensions between Trump and Xi Jinping are causing uncertainty, making gold the natural safe-haven asset for investors seeking refuge. At this point, the question is no longer whether gold will rise or fall, but rather how far it can go with geopolitical tensions still high and escalating daily. A retaliatory decision could cause gold to spike by dozens of points, while a temporary halt in tariffs could lead to a sharp drop. The market is incredibly sensitive to economic policy decisions and political developments right now. Currently, candle confirmations are less reliable, as bullish confirmations are often followed by sudden reversals. This makes it crucial to focus on key levels and avoid rushing into trades. Scalping should be done with caution, and identifying clear entry points is vital. Key Support Levels: 3280, 3268, 3258, 3240, 3230 Key Resistance Levels: 3292, 3302, 3310 Trade Strategy: SELL ZONE: 3302 - 3304 SL: 3308 TP: 3298 - 3294 - 3290 - 3286 - 3280 BUY ZONE: 3270 - 3268 SL: 3264 TP: 3274 - 3278 - 3282 - 3286 - 3290 - 3300 BUY ZONE: 3240 - 3238 SL: 3234 TP: 3245 - 3250 - 3255 - 3260 - 3264 - 3268 - 3274 - 3280 - OPEN Risk Management: As mentioned above, the market is extremely sensitive and unpredictable right now. Please remain cautious, and always adhere to your TP/SL levels to protect your account. 🛡️
FOREXCOM:XAUUSDLong
by MMFlowTrading
Strong Breakout and Continuation Within Sideways RangeGold Analysis: Strong Breakout and Continuation Within Sideways Range 💰📈 Gold (XAU/USD) made a strong move within its sideways range after breaking down below the 3215 level. At the start of the Asian session, gold bounced back and is now maintaining an upward movement within the range from 3245 to 3215, forming a small upward channel on the M15 timeframe. This is a clear continuation of the bullish trend. Key Support Levels: 3215, 3204, 3195, 3188, 3178, 3168 Key Resistance Levels: 3235, 3245, 3257, 3272 The buying pressure remains strong, especially at the recent support level of 3196, where we saw a quick response of 30 pips back up. There is still significant buying interest below these levels, just waiting for the right opportunity for another entry. Today's Strategy: With no major U.S. news expected today, the price range is likely to be similar to yesterday, with a move of about 30-40 pips. We are waiting for a pullback to buy again, and will avoid sell signals in the current market environment. Even if we anticipate a drop, the focus should be on buying at good support levels rather than selling too early. Trade Setup: BUY ZONE: 3196 - 3194 SL: 3190 TP: 3200 - 3204 - 3208 - 3212 - 3216 - 3220 - 3225 - 3230 SELL ZONE: 3244 - 3246 SL: 3250 TP: 3240 - 3236 - 3232 - 3228 - 3224 - 3220 Important Reminder: If gold fails to break the 3135 level, consider selling back to the 311x zone. If the price reaches 3135 and continues to show strong buying pressure, wait for a potential push towards 3145 and consider selling if the previous resistance holds. Always stick to your TP/SL levels to ensure risk management. Final Thoughts: AD expects a pullback or correction during the end of the Asian session or at the beginning of the European session, providing an opportunity to buy at better levels. Avoid buying at uncertain levels and wait for the ideal pullback. Trade Safely and manage your positions with clear TP/SL targets. Always prioritize risk management to protect your account.
FOREXCOM:XAUUSDLong
by MMFlowTrading
5
GMR AIRPORTS LTD - Cup & Handle Breakout! 📈 Chart Overview: The stock has formed a Cup & Handle pattern, confirming a bullish breakout. A downtrend resistance has been breached, signaling strong buying interest. 🔍 Key Levels: Resistance Levels: ₹87.19, ₹90.78, ₹90.86 Support Levels: ₹79.05, ₹75.10, ₹74.96 📊 Observations: Volume spike supports the breakout, increasing reliability. RSI at 74.40 indicates overbought conditions, so a slight pullback before further upside is possible. The risk-reward ratio is favorable, with defined stop-loss and targets. 🚀 Trading View: If the price sustains above ₹79.05, it can move towards ₹87-₹91 levels. A retest of the breakout level (₹79) could provide a buying opportunity. 📌 Disclaimer: This is for educational purposes only. Always do your research before making investment decisions.
NSE:GMRAIRPORT
by PriceAction_Pulse
Gold Update: Rejection at 3245, Support at 3200—More Downside ?As anticipated, we’ve seen some rejection around the "New Swing High?" zone , and Gold has pulled back to find support around the 3,200 level. This aligns with the price action we discussed, and the market behaving as expected so far. 🔍 Monday Price Action : In my last post, I highlighted that Gold was overextended after hitting an all-time high near, with overbought RSI readings on the monthly (84) and weekly (77) timeframes. I expected a correction, and we’ve now seen the price drop from that high to test the 3,200 level, which has acted as short-term support. This pullback reinforces the idea that the rally needed to cool off, and we’re seeing that play out. View Remains the Same: Correction Still in Play My view hasn’t changed—I’m still leaning towards a deeper correction in the near term. While the 3200 level has provided some support, it’s not a major support zone yet. The first significant support remains at the previous swing high of 3,150-3,168, which I expect Gold to test soon. The overbought conditions on higher timeframes still suggest more downside potential before the uptrend can resume. If we break below 3,150, the next support zone between 3,040-3,050 could come into play, where I’d expect stronger buying interest for Intra day. What to Watch For -Resistance at last week high: The recent high remains a key resistance. Any rally back towards this level could face rejection again, offering another shorting opportunity. - Support at 3,150-3,168: This is the next major level to watch. A break below 3,200 could see Gold head straight for this zone, Final Thoughts : Gold is playing out as expected, with the rejection from from the zone marked on chart leading to a pullback that found support at 3,200. However, I believe this correction has more room to run, and I’m still targeting the 3,150-3,168 zone as the next key level.
PEPPERSTONE:XAUUSDShort
by TheGoldenCircle
1
CSG Systems (CSGS) – Powering the Future of Digital Revenue & CXCompany Snapshot: NASDAQ:CSGS is at the forefront of SaaS-driven digital transformation, providing robust business support systems (BSS) tailored for the communications, media, and tech sectors. Its solutions unify revenue management, customer experience (CX), and payment processing, helping enterprises scale smarter. Key Catalysts: Strategic Liquidity Boost 💰 Secured a $600M credit facility with favorable terms Enhances M&A flexibility, innovation investments, and working capital optimization Customer Experience (CX) Differentiator 📈 2025 CX Report highlights key growth levers: AI-powered engagement Hyper-personalization Data-driven optimization Unique selling point: CSG directly links CX improvements to financial ROI—a major decision-maker hook Sticky Revenue Model 🔁 Enterprise-grade platforms built for long-term partnerships High recurring revenue visibility with mission-critical BSS integrations Telecom & Media Tailwinds 📡 As global carriers & media companies digitize operations, CSG is a go-to provider for scalable monetization & engagement Investment Outlook: ✅ Bullish Above: $49.00–$50.00 🚀 Upside Target: $75.00–$76.00 📊 Growth Drivers: Digital BSS demand, CX monetization focus, improved financial firepower 📢 CSGS: Monetizing experiences, not just connections. #CSGS #SaaS #CustomerExperience
NASDAQ:CSGSLong
by Richtv_official
Sideways Action Awaiting Liquidity Pullback Before Push to $3300Gold Price Strategy for the Week: Sideways Action Awaiting Liquidity Pullback Before Push to $3300 💰📈 Gold (XAU/USD) is currently moving sideways within a wide range of 30 price levels, from 3246 to 3216, and is showing hesitation at these levels. There is no clear indication yet if gold will continue to rise or if we’ll see a corrective phase to gather liquidity. Currently, indicators are showing that gold is overbought, and a strong pullback to gather liquidity could happen anytime. The buying pressure has decreased compared to last week, and FOMO seems to have faded, so we may watch for an entry point during the European session today. If gold fails to push higher, we could consider a potential sell entry. Key Resistance: 3246 (ATH), 3255, 3268, 3285, 3302 Key Support: 3216, 3195, 3172, 3152, 3120 Buy Zone 📈: 3172 - 3170, SL: 3166, TP: 3176 - 3180 - 3184 - 3188 - 3192 - 3196 - 3200 Sell Zone 🔽: 3268 - 3270, SL: 3274, TP: 3264 - 3260 - 3256 - 3252 - 3248 - 3244 - 3240 Market Outlook: This week, there are no major news events to focus on, so the strategy will primarily revolve around observing the market volume for clues on the next move. The key focus will be on the European and U.S. sessions to determine the market direction more clearly. With the current market volatility, it’s essential to stick to your TP/SL levels for risk management and to protect your account. Important Reminder: Despite the lack of news, the market remains extremely unpredictable, and large price movements are likely. Always adhere to your TP/SL and manage your trades carefully. 🛡
FOREXCOM:XAUUSD
by MMFlowTrading
2
Gold Hits All-Time High: Is a Correction Coming? Recent Price Action Recap Gold has been in a strong uptrend, as evidenced by the series of higher highs and higher lows on the daily chart. Last week, it broke above the previous swing high around the 3,150-3,168 zone, which I had initially flagged as a possible top in previous posts. However, the bulls showing amazing strenght again, pushing the price to a new all-time high near 3,240-45 area, as indicated by the "New Swing High?" zone on the chart. This breakout above the prior swing high confirms the continuation of the bullish momentum, but there are signs that this rally might be overextended. Overbought Conditions on Higher Timeframes While I’m not a huge fan of the RSI, I do pay attention to it on larger timeframes to gauge potential overbought or oversold conditions. On the monthly timeframe, Gold’s RSI is sitting at 84, which is significantly overbought. On the weekly chart, the RSI is at 77, also indicating overbought territory. These elevated RSI levels suggest that the market may need to cool off before resuming its upward trajectory. Historically, such high RSI readings often precede a consolidation or correction phase , as the market takes a breather after a strong rally. First Major Support (3,150-3,168) : This zone, previously a swing high, should now act as support on any pullback. It’s a key area where buyers might step in to defend the uptrend. This level also aligns with the upper boundary of the support zone marked on the chart. My View: A Correction Is Likely Given the overbought RSI readings on the monthly and weekly timeframes, combined with the overextended rally on the daily chart, I’m leaning towards a correction phase in the near term. The price action around the "New Swing High?" zone at shows signs of hesitation as we have seen week open with a gap down, with a sharp drop following the peak, suggesting potential exhaustion among buyers. While the uptrend remains intact, I expect Gold to roll back this week to test the first major support at 3,150-3,168 or lower zone as marked on chart.
PEPPERSTONE:XAUUSDShort
by TheGoldenCircle
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
$ONDO/USDT – 3D Chart Analysis (Fractal-Based Outlook)$ONDO/USDT – 3D Chart Analysis (Fractal-Based Outlook) 🔰 Pattern Recognition & Fractal Analysis: ▪️ ONDO previously broke out from a falling wedge pattern in late Q4 2024, resulting in a +268% rally. ▪️ Current price action mirrors that historical fractal, again forming a descending channel with strong demand visible around the $0.60–$0.45 zone — marked as a High Accumulation Zone. 🔰 Current Market Structure: ▪️ Price has respected the descending resistance trendline and now shows signs of breakout attempt. ▪️ A recent bullish engulfing candle near the lower boundary of the accumulation zone suggests potential reversal. ▪️ Volume is picking up, aligning with previous breakout volume behavior. 🔰 Key Technical Zones: ▪️ Accumulation Zone: $0.60 – $0.45 ▪️ Immediate Resistance: $1.20 (psychological) ▪️ Breakout Confirmation: Weekly close above $1.30 ▪️ Fibonacci Extensions: 1.618 Fib Target: $2.18 2.618 Fib Target: $2.68 Final Bullish Extension: $4.05–$5.00 zone 🔰 Future Projection (Fractal Repeat): ▪️ If breakout mirrors previous fractal, expect ~266% upside — targeting $2.60+ in the next 2–3 months. ▪️ Intermediate pullbacks likely near $1.50 and $2.20 due to historical liquidity zones. ⚠️ Risk Management Note: ▪️ Invalidity below $0.45. If price fails to hold the current range, possible revisit to $0.30–$0.25 range. ▪️ Traders should monitor for volume confirmation and potential bullish divergence on LTFs (Lower Timeframes). 📌 For more real-time analysis, stay tuned. More fractal setups dropping soon.
Long
by CryptoPatel
1
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