Get started

Trend Analysis

XAUUSD: Golden Surge at $4,035 — Breakout or Blow-Off Top?Summary Gold has shattered previous highs, now hovering around $4,035. Is this a breakout with legs—or the final push before a correction? This idea blends macro catalysts with multi-timeframe technical analysis to guide your next move. Macro Context Geopolitical Risk: Safe-haven flows intensify amid global instability. USD Weakness: Fed rate cut expectations and political gridlock weigh on the dollar. Inflation Hedge: Gold remains the go-to asset as central banks turn dovish. Technical Breakdown Weekly Chart Trend: Strong bullish momentum MACD: Bullish crossover RSI: Near 70 — overbought zone, but not extreme 4H Chart Support Zones: $3,872 (21-SMA), $3,820 (50-SMA), $3,753 (100-SMA) Resistance Zones: $4,050 (psychological), $4,100 (extension target) Trade Setup Bias: Bullish with caution Entry: On pullback to $3,872 or $3,820 Stop Loss: Below $3,750 Target 1: $4,050 Target 2: $4,100 Educational Angle This idea demonstrates: How to trade breakouts near ATHs Using SMA clusters for dynamic support Combining macro and technical for high-conviction setups
OANDA:XAUUSDLong
by DrSumith
3
Gold Makes History, Climbs to $4050 Despite Dollar Resilience.Strong Bullish Rally Takes Gold to Historic High $4050 .Dollar Index shows resilience, rises to 98.98 .Gold shows mild retracement consolidating above $4032 .Markets await FOMC meeting minutes. Fundamental Drivers: With no news of agreement in Congress for solution in US Government shutdown, political and fiscal uncertainties take centre stage. Political turbulence in France adds to global concerns already affecting investor sentiments. Continuous Gold buying by global central banks as well as ETF inflows creating strong structural demand and triggering FOMO driven rally. Markets abuzz with talks of massive bubble building up in leading stocks and Indices. Growing expectations of another rate cut by Federal Reserve in this month and also in December. Safe haven demand causing Gold rush in run to safety boosting prices to record rally. Technical Drivers: $4050 acts as minor hurdle which bulls need to clear turning in to support for advance towards next leg higher $4068 followed by $4083 while major upside target sits at 2.618% Fibonacci extension aligned with $4114 Break below immediate support $4032 exposes next support $4015 followed by retracement to $4005-$3995 where buyers are very likely to re engage for renewed bullish rally. If $3995 fails as support, decline is likely to extend to $3983 below which next downside retracement may reach $3935 What's Most Likely Scenario? Prevailing momentum is precisely bullish and immediate price action indicates strong bullish bias while oscillators are highly stretched and any positive news of agreement on US Government shutdown will witness quick price correction as these heights are prone to profit booking at the drop of a hat. High probability that Gold retracement approaches or mitigates $4015-$4005 or even $3995-$3983 support and breakout zone and attracts buyers again to resume main bullish rally retesting $4050 and extending advance towards $4068-$4083 followed by critical resistance $4114 On the flip side, sharp and strong break below $3983 may also indicate sellers intervention pushing prices to lower boundary $3935
OANDA:XAUUSDLong
by SunilKumarDixitSKCharting
McLeod Russel (D) - A Decade-Long Downtrend Reversal?After being in a severe downtrend for over ten years since its all-time high in February 2013, McLeod Russel is now showing compelling signs of a major trend reversal. A multi-year consolidation phase appears to have ended with a powerful, momentum-driven breakout. The Breakout: A Shift in Momentum The stock was locked in a sideways consolidation range since August 2020. However, recent price action signals a decisive shift in control from sellers to buyers: - Building Strength: Over the past few weeks, the stock began forming a pattern of Higher Lows , an early indication that selling pressure was diminishing and buyers were stepping in at higher prices. - Resistance Breach: On Friday, October 6th, the stock decisively broke out of a major, multi-year resistance level. - Explosive Follow-Through: The breakout was followed by extremely bullish action this week, with the stock gapping up at the open and immediately hitting the upper circuit limit each day. This indicates intense buying interest with a complete absence of sellers. This powerful move is confirmed by key technical indicators. The short-term Exponential Moving Averages (EMAs) are in a positive crossover, and the Relative Strength Index (RSI) is firmly in bullish territory across the Monthly, Weekly, and Daily timeframes. Outlook and Key Levels The current momentum suggests a significant new uptrend is underway. - Bullish Target: If this strong momentum continues, the next logical resistance and potential target for the stock is the ₹85 level. - Support Level: Should the momentum pause or a pullback occur, the breakout level around ₹35 is expected to act as a strong support zone. Given the rapid, vertical ascent, traders should watch the price action closely in the coming days for signs of either continuation or short-term exhaustion.
NSE:MCLEODRUSSLong
by Learn_with_Pth0mas
Banknifty Structure Analysis & Trade Plan: 9th OctoberDetailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Bank Nifty is still in a bullish uptrend, having rebounded sharply from the 54,250 base. However, the price has failed to break the key supply zone of 56,400 - 56,600. The large red candle on Wednesday signals a clear rejection from this zone. The price has dropped below the lower trendline of the very steep short-term ascending channel. Key Levels: Major Supply (Resistance): 56,400 - 56,600. This remains the critical overhead hurdle. Major Demand (Support): 55,400 - 55,600. This area, which includes a short-term FVG (Fair Value Gap), is the next major support. Outlook: The trend has shifted to sideways-to-bearish for the short term. The market is expected to consolidate or correct towards 55,600. 1-Hour Chart (Intermediate View) Structure: The 1H chart shows a clear Market Structure Shift (MSS) to the downside. The price broke the immediate swing low and the lower trendline of the ascending channel, confirming the corrective trend. The market is now moving within a newly formed descending channel. Key Levels: Immediate Resistance: The upper trendline of the descending channel, near 56,200. Immediate Support: 55,750 (The recent consolidation base). 15-Minute Chart (Intraday View) Structure: The 15M chart confirms a clear descending channel since the 56,400 high, marked by lower highs and lower lows. The market closed below the blue EMA, indicating strong bearish momentum. Key Levels: Intraday Supply: 56,050 - 56,150. This area is the recent swing high and aligns with the descending channel's upper boundary. Intraday Demand: 55,750. Outlook: Bearish. A "Sell on Rise" strategy is recommended near 56,050 - 56,150. 📈 Trade Plan (Thursday, 9th October) Market Outlook: The Bank Nifty has initiated a short-term correction after hitting major resistance. The plan focuses on capitalizing on the continuation of the short-term downtrend. Bearish Scenario (Primary Plan) Justification: The breakdown of the steep channel and the rejection from 56,400 favor continuation toward the next major support. Entry: Short entry on a successful retest and rejection of the 56,050 - 56,150 zone (upper channel resistance). Alternatively, short a decisive break and 15-minute candle close below 55,700. Stop Loss (SL): Place a stop loss above 56,300. Targets: T1: 55,400 (Major FVG support). T2: 55,100 (Psychological support). Bullish Scenario (Counter-Trend/Reversal Plan) Justification: Only valid if strong buying emerges to reclaim the entire breakdown structure. Trigger: A sustained move and close above the major resistance at 56,400. Entry: Long entry on a confirmed 15-minute close above 56,400. Stop Loss (SL): Below 56,200. Targets: T1: 56,600 (Major supply zone). T2: 56,800 (Extension target). Key Levels for Observation: Immediate Decision Point: 55,700 - 56,150 zone. Bearish Confirmation: A break and sustained move below 55,700. Bullish Confirmation: A move back above 56,200. Major Event: TCS Q2 Results (will heavily influence the market open). Line in the Sand: 55,600. Below this level, the sellers gain control of the intermediate trend.
NSE:BANKNIFTYShort
by BhardwajVipin
Nifty Structure Analysis & Trade Plan: 9th OctoberDetailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Nifty is showing a clear rejection from the major supply zone of 25,150 - 25,250. The strong red candle on the 4H chart (a potential Shooting Star/Bearish Engulfing pattern) indicates that the bounce phase is likely over, and the market is now retreating back into the consolidation range. Key Levels: Major Supply (Resistance): 25,150 - 25,250. This area remains the critical overhead hurdle. Major Demand (Support): 24,800 - 24,900. This area includes a FVG (Fair Value Gap) and the lower boundary of the recent ascending channel. This is the must-hold zone for the bulls. Outlook: The trend has shifted to sideways-to-bearish. The market is expected to test the 24,800 - 24,900 support zone. 1-Hour Chart (Intermediate View) Structure: The 1H chart shows a clear Market Structure Shift (MSS) to the downside. The price broke the immediate swing low after being rejected from the 25,200 level. The index has now broken the lower trendline of the recent ascending channel, confirming the shift to a corrective short-term trend. Key Levels: Immediate Resistance: 25,100 (Prior consolidation support, now resistance). Immediate Support: 24,980 - 25,000 (The psychological level and Friday's close area). 15-Minute Chart (Intraday View) Structure: The 15M chart shows a clean descending pattern since the 25,200 high, marked by lower highs and lower lows. The market closed below the 25,050 mark, indicating bears are in control. Key Levels: Intraday Supply: 25,080 (Immediate swing high). Intraday Demand: 24,900 - 24,950. Outlook: Bearish. A "Sell on Rise" strategy is recommended near 25,080 - 25,100. 📈 Trade Plan (Thursday, 9th October) Market Outlook: The Nifty has shifted to a bearish bias after hitting major resistance. TCS Q2 results are due today, which will heavily influence Nifty IT and potentially the entire index. The plan should be reactive to the continuation of the correction. Bearish Scenario (Primary Plan) Justification: The breakdown of the ascending channel and the rejection from the major 25,200 supply zone favors a continuation of the correction, especially if TCS results disappoint. Entry: Short entry on a decisive break and 15-minute candle close below 24,980 (breaking the psychological and swing support). Alternatively, short a retest and rejection of the 25,080 level. Stop Loss (SL): Place a stop loss above 25,150 (above the immediate swing high). Targets: T1: 24,880 (Major FVG support). T2: 24,800 (Lower boundary of macro support). T3: 24,700 (Extension target). Bullish Scenario (Counter-Trend/Reversal Plan) Justification: Only valid if TCS results are exceptionally strong, leading to a gap-up or sharp reversal. Trigger: A sustained move and close above the major resistance at 25,250. Entry: Long entry on a confirmed 15-minute close above 25,250. Stop Loss (SL): Below 25,150. Targets: T1: 25,350 (Upper resistance). T2: 25,450 (Previous high). Key Levels for Observation: Immediate Decision Point: 25,080 - 25,100 zone. Bearish Confirmation: A break and sustained move below 24,980. Bullish Confirmation: A move back above 25,150. Line in the Sand: 24,800. A break below this would accelerate the correction.
NSE:NIFTYShort
by BhardwajVipin
Nifty Showing Bearish Divergence — Potential Reversal Ahead!Nifty 50 (INDEX:NIFTY) is flashing a bearish divergence signal on the daily chart — a classic early warning of potential trend exhaustion. 📉 What’s Happening: Price has made a higher high , reflecting continued bullish momentum on the surface. However, the RSI (Relative Strength Index) has formed a lower high , showing weakening internal strength and momentum loss. This bearish divergence between price and RSI often precedes a short-term reversal or correction phase . 🧩 Interpretation: This setup suggests that even though price continues climbing, buying momentum is fading . Bulls may be losing strength, and bears could soon take control — especially if price fails to sustain above key resistance zones or shows a bearish confirmation candle in the coming sessions. 🎯 Target: 24,800 ⛔ Stop Loss: 25,220
NSE:NIFTYShort
by peace_lover
Gold Maintains Bullish Momentum Within Ascending ChannelAnalysis: The XAU/USD (Gold Spot) 1-hour chart shows a strong upward trend within a well-defined ascending channel. Price action continues to form higher highs and higher lows, indicating sustained bullish momentum. Currently, gold is trading near $3,959, staying comfortably above the trendline support, which has repeatedly acted as a dynamic base for buyers. The projected movement (blue arrow) suggests a potential short-term retracement toward the lower channel boundary, followed by a rebound toward the upper resistance zone around $4,000–$4,035. As long as gold remains above the trendline, the bullish structure remains intact. A breakout above the upper boundary could signal further upside potential, while a drop below the trendline may lead to short-term consolidation. Summary: Trend: Bullish Support: $3,915 – $3,925 (trendline zone) Resistance: $3,995 – $4,035 Bias: Buy on dips near trendline support for potential continuation toward new highs.
OANDA:XAUUSDLong
by DrForexPhd
ETHFIUSDT - BULLS ARE NOT DONE YET?Symbol - ETHFIUSDT ETHFIUSDT is undergoing a corrective phase after updating its local high at 1.938 The breakout above the 1.677 zone appears to be an attempt to initiate a distribution phase following an extended period of consolidation. The key question now is whether the bulls can sustain control above this area. Bitcoin is also in correction mode following a false breakout of its resistance level. In this context, the broader cryptocurrency market is experiencing a temporary decline. Nevertheless, the prevailing trend remains bullish, supported by a favorable fundamental outlook. Once the current correction concludes, market growth may resume. On the daily timeframe, ETHFIUSDT is attempting to transition into a distribution phase after approximately five to six months of consolidation. The overall trend remains upward, and following the breakout of resistance, a corrective movement toward the liquidity zone at 1.677 is developing. A false breakdown, accompanied by a shift in market imbalance and subsequent consolidation above 1.678, could stimulate renewed buyer interest - potentially leading to further price appreciation. Resistance levels: 1.898, 1.938 Support levels: 1.677, 1.534 The chart highlights two critical support zones - 1.677 and 1.534, Sustained bullish activity above the 1.677 level may result in a rebound and continued upward movement, confirming the ongoing distribution phase. Conversely, failure to maintain this level could prompt a retest of the zone at 1.534, where a liquidity sweep may subsequently trigger a new wave of buying pressure.
Long
by akshit_official
$4000: New Record! Correction Warning & FVG Strategy. Hello, traders! Gold has officially set a New Record by breaching the $4,000/oz mark, hitting a peak of $4,014.60/oz. Kya baat hai! Although there was an immediate pullback after hitting this big psychological level, the rally is still getting solid support from: Fundamentals & Market Conflict Main Drivers: The market is pakka (sure) about two more Fed rate cuts this year (FOMC Minutes tonight are a big deal), coupled with central bank diversification and record ETF inflows ($64B) due to global gadbadi (instability) and inflation. Reversal Warning: Bank of America (BoA), a big institution boss, is warning that Gold is facing "trend exhaustion," which could lead to a correction in Q4. Dhyan rakhna! Technical Analysis & Clear Strategy Direction The price got rejected straight at $4000, causing a small pullback. However, the overall trend is super strong. The safest strategy is to wait patiently for a BUY at specific support zones. Priority Bias: BUY (Long) on Dips towards FVG (Fair Value Gap) zones to ride the main trend's momentum. Avoid unnecessary SELL attempts; if you must, use tight SL. Key Price Levels: Resistance: $4044, $4054, $4064 Support: $4018, $3999, $3986 Trading Strategy (Prioritize BUY on Dips) BUY ZONE (FVG): $3994 - $3992 SL: $3984 TPs: $4002, $4012, $4022, $4032, $4042 SELL ZONE (High Risk): $4065 - $4067 SL: $4075 TPs: $4057, $4047, $4037, $4027, $4017 Do you trust BoA's warning, or do you think the FOMC Minutes will push us past $4050? Tell me your plan! 👇 #Gold #XAUUSD #4000USD #ATH #Fed #FOMC #TradingView #BUYDIPS #GoldFever
OANDA:XAUUSDLong
by Jeremy_NPC
XAU/USD: Targeting $4,100! Where to Buy Before the FOMC Minutes?Hello TradingView community! 🚀 Gold (XAU/USD) continues to demonstrate incredible strength, consistently breaking past old highs and forming a solid upward price channel. This robust uptrend is not only technically reinforced but also awaits a potential catalyst from today's significant fundamental news. In this analysis, we will combine two crucial perspectives: an in-depth look at the technical charts to identify optimal entry points, and an examination of the key fundamental event that could significantly impact Gold prices during the US session. 1. Fundamental Perspective: All Eyes on the FOMC Minutes Today's market highlight, Wednesday, October 8, is the release of the FOMC Meeting Minutes at 2:00 PM ET Why is this important? This document provides a detailed record of the latest policy meeting of the US Federal Reserve (FED) in September. Traders will scrutinise the text for any hints about the future interest rate path. Potential scenarios: "Dovish" Tone: If the minutes reveal FED officials' concerns about economic growth and the possibility of further rate cuts, the US Dollar might weaken. This would create a strong push for Gold (XAU/USD), potentially driving the next price surge. "Hawkish" Tone: If the minutes emphasise that inflation remains a concern and the FED is not in a hurry to cut rates, the USD might see a short-term recovery, causing Gold to have a corrective dip. This event is a top catalyst for volatility. Our strategy is to prepare technical zones to capitalise on the market's reaction. 2. Technical Analysis: Detailed Trading Plan The bullish structure on the 2H timeframe is undeniable. Prices are creating a series of higher highs, confirmed by each "BoS" (Break of Structure), signalling that the Buyers are in full control. Here are the key zones to watch: Potential Buy Zones (Key Points): FVG Zone ($4,004): The nearest support is this Fair Value Gap, an area of price imbalance that the market often seeks to fill. Prices may retest this area before or during the news release. "Buy Break BoS" Zone ($3,981): This is the nearest swing high that has been broken. Now it has turned from resistance into a crucial support level. This zone offers a solid entry point if prices correct slightly deeper. "Bullish Order Block" Zone ($3,951): This is the last major "stronghold" of the Buyers—a powerful buy order block that initiated the latest push wave. This is an ideal area to look for buy orders if the market experiences a strong liquidity sweep downwards. Upside Targets: Short-term Target (Scalping): $4,070 - This level coincides with the 0.786 Fibonacci level. Main Target: "Liquidity Sell" Zone at $4,103. This is a large "liquidity pool" where the Sellers' stop-loss orders are likely concentrated. Smart money often drives prices to such areas. Strategy Summary Main Trend: Bullish. Core Strategy: Look for "Buy the dip" opportunities at the key support zones mentioned. Critical Timing: Be cautious around the FOMC Minutes release (18:00 UTC). Volatility can be high, and the market may whip in both directions to sweep stop-losses before following the main trend. Pro Tip: Patience is key. Waiting for prices to pull back to a confirmed support zone will provide a much better Risk/Reward ratio than chasing the market at the top. WHAT'S YOUR VIEW? How do you think Gold will react to today's FOMC minutes? And where are you looking to place your buy orders—at the FVG zone $4,004, the BoS level $3,981, or are you patiently waiting for the Order Block $3,951? Share your views in the comments below! 👇 Don't forget to leave a Like 👍 and Follow the channel for the latest XAU/USD analysis updates!
OANDA:XAUUSDLong
by CaptainVincent
Astra Microwave – Breakout Setup Forming, Eyes on 1300–1500Astra Microwave is attempting a breakout above the 1,180–1,200 resistance zone on the weekly chart after consolidating for several weeks. The structure shows strong base formation and higher lows, signaling accumulation before a potential move higher. Momentum indicators (MACD + volume pickup) support the bullish bias, suggesting a breakout could sustain if confirmed. 📊 Swing Trade Plan Entry: Above 1,200 (on breakout confirmation or closing basis) Stop Loss (SL): 1,095 or as per your risk Targets: 🎯 1,300 / 1,400 / 1,500 View: Sustaining above 1,200 may open the next leg of the uptrend — watch for follow-through volume and momentum confirmation.
NSE:ASTRAMICROLong
by krunal_patadia95