[INTRADAY] #BANKNIFTY PE & CE Levels(10/10/2025)Bank Nifty is expected to open flat to slightly positive near the 56,150 level. The index has been consolidating within a tight range between 55,950 and 56,450 over the past few sessions, indicating indecision among traders ahead of a potential breakout.
A sustained move above 56,050–56,100 could lead to further upside momentum toward 56,250, 56,350, and 56,450+. If Bank Nifty manages to break and hold above 56,550, it can open the door for a strong rally toward 56,750–56,950+.
On the downside, a slip below 55,950–55,900 may trigger selling pressure, dragging the index toward 55,750, 55,650, and 55,550-.
Overall, the short-term trend remains sideways with a slight bullish bias. A breakout above 56,450 or a breakdown below 55,950 will likely decide the next directional move. Traders should stay patient and trade only on confirmation beyond these key levels.
X-indicator
Vikran Engineering cmp 105.91 by Hourly Chart view since listedVikran Engineering cmp 105.91 by Hourly Chart view since listed
- Support Zone 99 to 103 Price Band
- Resistance Zone 106.75 to 111.50 Price Band
- Volumes are spiking well above avg traded quantity over past few days
- Subject to closure above Resistance Zone for few days, New ATH maybe anticipated
- Stock has formed bullish technical chart setup with Rounding Bottom and W Double Bottom
Gold Trading Strategy for 10th October 2025💰 GOLD (XAU/USD) Trading Setup
⏰ Timeframe: 1 Hour & 15 Minutes
🟢 Buy Setup
💹 Entry: Buy above the high of the 1-hour candle — once it closes above $4014
🎯 Targets:
🎯 Target 1: $4022
🎯 Target 2: $4035
🎯 Target 3: $4050
🛡️ Stop Loss: Below $4005 (adjust with risk tolerance)
📈 Trade Logic:
If the hourly candle closes above $4014, it indicates bullish strength. Look for confirmation before entering a long position. Momentum above this level could push prices towards the next resistance zones.
🔴 Sell Setup
💹 Entry: Sell below the low of the 15-minute candle — once it closes below $3962
🎯 Targets:
🎯 Target 1: $3953
🎯 Target 2: $3941
🎯 Target 3: $3922
🛡️ Stop Loss: Above $3975 (adjust with market conditions)
📉 Trade Logic:
If the 15-min candle closes below $3962, bearish momentum is likely to continue. Break below this level may open room for further downside.
⚠️ Disclaimer
📜 This analysis is for educational and informational purposes only.
💼 Not financial advice. Always conduct your own research or consult with a certified financial advisor before making any trading decisions.
📊 Trading in commodities and financial markets involves significant risk. Past performance is not indicative of future results.
EXIDEIND: Strong Confluence of Support Signals Potential BullishTechnically we can say its reversal and BOSHello fellow traders,
This is a technical analysis of Exide Industries (NSE:EXIDEIND) on the daily timeframe. After a significant rally in 2023-2024, the stock has been in a corrective phase. My analysis suggests that we are now at a critical support level that could signal the end of this correction and the beginning of a new bullish impulse.
Here are the key factors pointing towards a potential reversal at the ₹380 - ₹390 zone:
1. Horizontal Support & Resistance Flip:
The ₹380 level acted as a strong resistance zone from February to August 2025. The price has now pulled back to this level, and it appears to be acting as strong support. This is a classic "resistance-turned-support" pattern, which is often a reliable indicator of strength.
2. Fibonacci Retracement Confluence:
Drawing a Fibonacci retracement from the major low in January 2023 to the high in July 2024, we can see that the current price is finding support directly at the 0.5 to 0.6 Fibonacci level (approximately ₹379). This is a key area where buyers often step back in during a pullback.
3. Significant Volume Rejection:
As highlighted on the chart, in late August/early September, there was a massive spike in volume as the price tested this support zone. Despite the high volume, the price failed to break down, and instead, it was aggressively bought up. This indicates strong institutional interest and absorption of selling pressure, validating the strength of this support.
4. Moving Average Support:
The price is currently consolidating around the 200-day moving average (200 DMA), a critical long-term trend indicator. Holding above the 200 EMA is a strong sign that the long-term uptrend is still intact.
Potential Scenarios
🐂 Bullish Case: If the price continues to hold above this confluence of support (₹380-390), the next logical targets would be the recent swing highs around ₹430, followed by higher resistance levels.
📉 Bearish Invalidation: This bullish idea would be invalidated if we see a decisive daily close below the ₹370 level. A break below this would negate the support structure and suggest a further move to the downside, potentially towards the 0.618 Fibonacci level.
Conclusion: The combination of strong horizontal structure, a key Fibonacci level, high volume rejection, and the 200 DMA makes the current price level a high-probability zone for a bullish reversal.
Disclaimer: This is for educational purposes only and is not financial advice. Please do your own research before making any trading decisions.
JSWSTEEL - Intraday Setup📈 JSW STEEL LTD | Bullish Momentum + 52-Week Breakout 🚀
🔹 Entry Zone: ₹1,175 – ₹1,180
🔹 Stop Loss: ₹1,141 (Risk ~₹34)
🔹 Supports: 1,154 / 1,134 / 1,122
🔹 Resistances: 1,187 / 1,199 / 1,220
🔑 Key Highlights
✅ Strong Bullish Candle — Open equals Low, confirming buyer dominance
✅ 52-Week Breakout Zone — Fresh upside strength visible
✅ Bullish VWAP Alignment — institutional accumulation signals continuation
✅ BB Squeeze-Off → Breakout Momentum Expected
🎯 STWP Trade View
📊 Price has broken through a major resistance zone with above-average volume, indicating renewed momentum and a shift toward strength.
A sustained close above ₹1,187 could accelerate upside towards ₹1,199–₹1,220 levels in the short term.
⚠️ Supports at ₹1,154 and ₹1,134 are crucial for swing structure and position protection.
💡 Learning Note
This setup illustrates the power of multi-signal confluence — when a 52-week breakout, strong bullish candle, and VWAP alignment occur together with volume confirmation, it reflects institutional intent and offers a high-confidence swing opportunity.
⚠️ Disclosure & Disclaimer – Please Read Carefully
The information shared here is meant purely for learning and awareness.
It is not a buy or sell recommendation and should not be taken as investment advice.
I am not a SEBI-registered investment adviser, and all views expressed are based on personal study, chart patterns, and publicly available market data.
Position Status: No active position in JSWSTEEL at the time of analysis.
Data Source: TradingView & NSE India (Past Chart Reference) (Historical levels)
Trading — whether in stocks or options — carries risk. Markets can move unexpectedly, and losses can sometimes exceed the capital you have invested.
Past performance or setups do not guarantee future results.
If you are a beginner, treat this as a learning example and practice with paper trades before risking real money.
If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades.
Consult a SEBI-registered financial adviser before making any real trading decision.
By engaging with this content, you acknowledge full responsibility for your trades and investments.
________________________________________
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🔼 Give this post a Boost to help more traders discover structured learning.
✍️ Drop your thoughts, questions, or setups in the comments — let’s grow together!
🔁 Share with fellow traders and beginners to spread awareness.
👉 “If you liked this breakdown, follow for more clean, structured setups with discipline at the core.”
🚀 Stay Calm. Stay Clean. Trade With Patience.
Trade Smart | Learn Zones | Be Self-Reliant 📊
________________________________________
BSE | Intraday Bullish Setup📈 **BSE LTD | Bullish Breakout + SuperTrend Flip 🚀**
STWP Trade Analysis
🔹 **Entry Zone:** ₹2,328 – ₹2,334
🔹 **Stop Loss:** ₹2,296 (Risk ~₹32)
🔹 **Supports:** 2,305 / 2,265 / 2,232
🔹 **Resistances:** 2,388 / 2,423 / 2,450
🔑 **Key Highlights**
✅ Strong Bullish Candle — Breakout above consolidation with volume surge
✅ RSI & BB Expansion — Momentum revival confirmation
✅ SuperTrend Flip — Short-term trend turns bullish
✅ BB Squeeze-Off → Fresh volatility expansion underway
💡 **Learning Note**
This setup highlights how **volume-backed breakouts** aligned with **SuperTrend and RSI confirmation** provide high-probability entries. When volatility expands after a squeeze and price clears resistance with momentum, it often signals **institutional breakout strength** and **early trend continuation**.
⚠️ Disclosure & Disclaimer – Please Read Carefully
The information shared here is meant purely for learning and awareness.
It is not a buy or sell recommendation and should not be taken as investment advice.
I am not a SEBI-registered investment adviser, and all views expressed are based on personal study, chart patterns, and publicly available market data.
Position Status: No active position in BSE at the time of analysis.
Data Source: TradingView & NSE India (Past Chart Reference) (Historical levels)
Trading — whether in stocks or options — carries risk. Markets can move unexpectedly, and losses can sometimes exceed the capital you have invested.
Past performance or setups do not guarantee future results.
If you are a beginner, treat this as a learning example and practice with paper trades before risking real money.
If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades.
Consult a SEBI-registered financial adviser before making any real trading decision.
By engaging with this content, you acknowledge full responsibility for your trades and investments.
________________________________________
💬 Found this useful?
🔼 Give this post a Boost to help more traders discover structured learning.
✍️ Drop your thoughts, questions, or setups in the comments — let’s grow together!
🔁 Share with fellow traders and beginners to spread awareness.
👉 “If you liked this breakdown, follow for more clean, structured setups with discipline at the core.”
🚀 Stay Calm. Stay Clean. Trade With Patience.
Trade Smart | Learn Zones | Be Self-Reliant 📊
Bitcoin – Rising Higher, But the Real Battle Is Yet to Begin!Bitcoin continues to trade inside a rising structure , respecting both its long-term support and resistance channels. The trend remains healthy as long as price holds above the 116,000–116,500 support zone , which has been tested multiple times with strong buying reactions.
Currently, BTC is approaching a major resistance confluence zone . The chart clearly shows that every previous rejection near this zone has led to profit-booking, but this time the structure looks different, buyers are more confident, and momentum is building from the base levels .
If Bitcoin manages to sustain above the minor resistance area , the road opens towards 131,500 levels and beyond . However, traders should remember, such breakouts demand patience, not prediction. The stronger hands will always think in cycles, not candles .
The psychology of the market here is simple: every pullback to the rising support attracts accumulation by smart money , while emotional traders exit too early. This phase often separates investors from speculators.
Rahul’s Tip : Don’t fear the dips. Fear missing the structure that defines the entire bull leg. If the support holds, this could be the foundation of the next major BTC wave.
Disclaimer: This analysis is for educational purposes only and should not be taken as financial advice. Please do your own research or consult your financial advisor before investing.
Analysis By @TraderRahulPal (TradingView Moderator) | More analysis & educational content on my profile
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AUROPHARMA | Bullish Cup & Handle Breakout Setup________________________________________
🚀 Aurobindo Pharma Ltd (NSE: AUROPHARMA) | Bullish Cup & Handle Breakout Setup
📊 Current Market Snapshot
CMP: ₹1,119.90
Sector: Pharmaceuticals / Healthcare
Pattern Observed: ☕ Cup & Handle Breakout Formation
Candlestick Signal: Strong Bullish Candle + Volume Expansion
Strength Rating: ⭐⭐⭐⭐☆ (Bullish Breakout Confirmation)
________________________________________
🧭 Technical Overview
Aurobindo Pharma has formed a classic Cup and Handle pattern, signaling trend reversal and continuation strength.
After a steady base formation over the past few months, the stock has broken out above its neckline near ₹1,120 with a powerful bullish candle and rising volume — a strong indicator of institutional buying.
The cup represents accumulation, while the handle reflects a healthy consolidation before breakout.
The volume spike (~4.9M) and RSI breakout confirm momentum strength, supported further by:
✅ Bullish VWAP
✅ BB Squeeze-On Compression (volatility expansion)
✅ Fake Breakdown Recovery (liquidity sweep)
These signals collectively validate a bullish structure with potential upside continuation as long as the price sustains above ₹1,120.
________________________________________
📊 Trade Setup (Cup & Handle Breakout)
Entry: ₹1,126.30
Stop Loss: ₹1,066.80
Resistance: 1132/1145/1164
Support: 1101/1082/1070
Risk/Reward Ratio: 1 : 1 | 1:2
Volume: 4.94M (Above Average)
________________________________________
💡 Learning Note
This pattern is a textbook Cup and Handle breakout, one of the most reliable continuation patterns in technical analysis.
The rounded base (cup) indicates accumulation, while the short handle shows minor profit booking before renewed buying strength.
A decisive breakout above the neckline with volume surge confirms trend continuation — a great example of how volume + pattern confluence can guide traders toward high-probability setups.
________________________________________
⚠️ Disclosure & Disclaimer – Please Read Carefully
The information shared here is meant purely for learning and awareness.
It is not a buy or sell recommendation and should not be taken as investment advice.
I am not a SEBI-registered investment adviser, and all views expressed are based on personal study, chart patterns, and publicly available market data.
Position Status: No active position in Aurobindo Pharma at the time of analysis.
Data Source: TradingView & NSE India (Past Chart Reference) (Historical levels)
Trading — whether in stocks or options — carries risk. Markets can move unexpectedly, and losses can sometimes exceed the capital you have invested.
Past performance or setups do not guarantee future results.
If you are a beginner, treat this as a learning example and practice with paper trades before risking real money.
If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades.
Consult a SEBI-registered financial adviser before making any real trading decision.
By engaging with this content, you acknowledge full responsibility for your trades and investments.
________________________________________
💬 Found this useful?
🔼 Give this post a Boost to help more traders discover structured learning.
✍️ Drop your thoughts, questions, or setups in the comments — let’s grow together!
🔁 Share with fellow traders and beginners to spread awareness.
👉 “If you liked this breakdown, follow for more clean, structured setups with discipline at the core.”
🚀 Stay Calm. Stay Clean. Trade With Patience.
Trade Smart | Learn Zones | Be Self-Reliant 📊
________________________________________
MCX - Bullish W-Pattern (Double Bottom Breakout)________________________________________
🚀 Multi Commodity Exchange of India Ltd (NSE: MCX) | Bullish W-Pattern (Double Bottom Breakout)
📊 Current Market Snapshot
CMP: ₹8,706.00
Sector: Financial Services / Commodity Exchange
Pattern Observed: 🟢 W-Pattern (Double Bottom Breakout)
Candlestick Signal: Strong Bullish Marubozu + Volume Breakout
Strength Rating: ⭐⭐⭐⭐☆ (High-Conviction Bullish Reversal)
________________________________________
🧭 Technical Indicators
The technical indicators on this chart are flashing strong bullish signals. Momentum is clearly positive, supported by a Bullish Marubozu candle, which reflects strong buying pressure and conviction. The chart also indicates a possible breakout formation, confirmed by a strong bullish candle backed by extremely high volume — a classic sign of institutional participation.
Multiple bullish confirmations like swing trade alignment, intraday signal, RSI breakout, and bullish engulfing pattern further add weight to the uptrend. The Bollinger Band breakout and Bullish VWAP suggest sustained price expansion, while the BB Squeeze-Off hints at volatility returning in favor of the bulls. Altogether, these indicators reinforce a buy-on-dip structure with potential for continuation toward higher resistance zones.
MCX is currently trading in the Progressive Zone, indicating a phase of steady upward momentum where buyers are actively accumulating positions. This zone reflects controlled bullish strength and sustained participation, suggesting that the stock is gearing up for a potential breakout continuation.
The KST (Know Sure Thing) indicator for MCX is in bullish territory, confirming the upward momentum seen in price action. With a strong positive crossover and supportive strength reading, the KST reinforces the ongoing uptrend — indicating that momentum remains firmly in favor of the bulls and the stock could continue its northward journey.
MCX is trading between its Swing High at ₹8,439.5 and Swing Low at ₹7,304. The Top Range near ₹9,115 acts as a major resistance zone, while the Bottom Range around ₹7,304 provides strong support, defining a clear bullish structure with room for further upside if momentum sustains.
________________________________________
📊 Trade Setup (Strong Momentum Entry)
Entry: ₹8,748.50
________________________________________
💡 Learning Note
This setup is a textbook example of a W-pattern (Double Bottom) breakout, where price reverses from a downtrend after forming two clear lows at similar levels. The neckline breakout with heavy volume confirms a shift in market sentiment from bearish to bullish. Such patterns highlight how volume expansion and strong breakout candles validate reversal strength and help traders identify early entry points in new uptrends.
________________________________________
⚠️ Disclosure & Disclaimer – Please Read Carefully
The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment adviser, and all views expressed are based on personal study, chart patterns, and publicly available market data.
Position Status: No active position in MCX at the time of analysis.
Data Source: Past Chart reference(Historical levels)
Trading—whether in stocks or options—carries risk. Markets can move unexpectedly, and losses can sometimes exceed the money you have invested. Past performance or setups do not guarantee future results.
If you are a beginner, treat this as a learning guide and practice with paper trades before risking real money. If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades.
Consult a SEBI-registered financial adviser before making any real trading decision. By engaging with this content, you acknowledge full responsibility for your trades and investments.
________________________________________
💬 Found this useful?
🔼 Give this post a Boost to help more traders discover clean, structured learning.
✍️ Drop your thoughts, questions, or setups in the comments — let’s grow together!
🔁 Share with fellow traders and beginners to spread awareness.
👉 “If you liked this breakdown, follow for more clean, structured setups with discipline at the core.”
🚀 Stay Calm. Stay Clean. Trade With Patience.
Trade Smart | Learn Zones | Be Self-Reliant 📊
________________________________________
Gold trading strategy | October 9-10✅Gold prices formed a double-top pattern around the 4059.2 level and the previous high, followed by a sharp decline. During the drop, the 3996 (previous support) level was broken, and the price is now consolidating around the 3950 area.
On the short-term chart, consecutive bearish candles indicate strong bearish momentum.
Key short-term support lies in the 3950–3920 zone; if this level breaks, further downside potential will open up.
✅On the 4-hour chart, the price has broken below the MA5 and MA10, quickly pulling back toward the MA20. The bullish momentum near the upper Bollinger Band has already faded, and candles have fallen directly below the mid-band, signaling a phase of correction. If the 3950 support fails, the price may test the 3920–3900 area. On the upside, resistance lies at 3996–4000, and only a sustained break above this zone would allow the bullish trend to resume.
🔴Resistance Levels: 3996–4000 / 4028–4035
🟢Support Levels: 3950–3940 / 3920–3910
✅Trading Strategy Reference:
🔰If the price rebounds but fails to break 3996–4000, short positions can be considered, targeting the 3950 area.
🔰If the price holds steady around 3950 and shows a bottoming signal, long positions can be considered, targeting the 4000 area.
“Nifty 50 Intraday Key Levels | Buy & Sell Zones 10th Oct 2025”“Want to learn more? Like this post and follow me!”
25390 🔴 Above 10m closing Shot Cover Level
Strong resistance — short covering likely above this.
25288 🟠 Below 10m hold PE By level /
Above 10m hold CE by level
25218 🟣 Above 10M hold positive trade view
Below 10M hold negative trade view
Sentiment deciding level — crucial for trend direction.
25090 ⚫ Above Opening S1 10m Hold CE By level
Bullish entry level — CE hold area.
25018 🟠 Below Opening R1 10m Hold PE By level
Below 10m hold PE By Risky Zone Weak zone — PE may strengthen below this.
24920🟢 Above 10M hold CE By Safe Zone level
Safe bullish zone — CE can be held confidently above.
24,4920 🔵 BELOW 10M hold UNWINDING level
Breakdown zone — unwinding or heavy selling possible below.
TATA STEEL Tata Steel has been facing resistance near 159 level.
It gave BO and also re-tested it. Today we can see there is good volume, there is probability of an upside move.
Keep eyes on it.
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📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
KIMSKIMS - Price action is Bullish.
The stock gave a breakout above the ₹700–710 zone earlier.
Recently, it came down for a retest and respected that support level.
EMA Structure
Price is trading above all key EMAs (20, 50, 100, 200), also above 200ema for the last 4months.
This alignment shows a healthy uptrend and strong momentum.
Volume
On 8th Aug, there was a big red candle with slightly higher-than-average volume. It looked like profit booking or short-term panic selling, not a genuine trend reversal.
If the fall was real distribution, we would have seen more follow-up red candles with heavy volume. But instead, after that day, volume picked up on the upside, showing buyers absorbed the selling pressure and defended the support.
Price is trying to bounce back after retesting.
One must use the SL.
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ZUARIThe stock has successfully retested its breakout zone and is showing signs of strength.
Trading above all key EMAs with a clean alignment, confirming a strong trend bias.
Recent sessions show low-volume, tight-range contraction, often a precursor to a decisive move.
Today’s hammer candle at the support zone reflects buying interest.
A sustained move above ₹305 with rising volume could open the door for further move.
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HINDZINCHINDZINC
Stock looks good, constantly moving above all key EMAs from a last couple of sessions, especially sustaining above 20ema.
Tight contraction near resistance area, a breakout from here may give a good upside move.
Keep it in your watchlist for paper trades.
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Gold (XAU/USD) Rebound Setup – Support Holding Strong!Analysis:
Gold (XAU/USD) is showing signs of bullish strength after testing the $4,000–$3,970 support zone, where buyers are stepping back in. The recent consolidation above support suggests a potential reversal and continuation of the uptrend.
The setup highlights:
Support Zone: Around $3,970 – $4,000, acting as a key accumulation area.
Bullish Trigger: A breakout above minor resistance could drive momentum higher.
Targets:
🎯 Target 1: $4,101
🎯 Target 2: $4,150
🎯 Target 3: $4,200
Stop Loss: Below $3,970 to protect against a downside breakout.
📈 Outlook: As long as price sustains above support, Gold remains bullish, aiming for a breakout towards $4,150 and $4,200 levels.
Cup & Handle Formation, Pivot Breakout, and Downtrend Line (DTL)This TradingView chart displays a classic cup and handle pattern marked by a rounded lower-level base and a pivot breakout zone. Price consolidates under a descending trendline (DTL), which it recently broke, signaling a potential bullish trend continuation. Moving averages support the ascending momentum after the breakout, while quarterly earnings and financial data reinforce fundamental strength. This setup serves as a prime example of blending technical patterns with fundamental insights for strategic trade entries.
Non-Linear Base, Pivot Breakout & Sharp Rally This TradingView chart illustrates a classic breakout setup, showcasing the formation of a non-linear base followed by a clear pivot breakout. After an extended base-building phase, the price surges above the pivot line, triggering a sharp rally. Key technical indicators, including moving averages, highlight momentum confirmation post-breakout. The setup captures a high-volume breakout with subsequent retest, marking a strong trend continuation pattern ideal for swing trading strategies.
Fortis Daily Chart: Non-Linear Base Breakout & Tight PatternsThis TradingView daily chart for Fortis (2025) illustrates key technical setups including two clearly labeled non-linear base formations, a major pivot breakout, and subsequent price consolidation zones. The chart captures the transition from range-bound action to a strong bullish move, highlighting the “Getting Tight” pattern before this recent surge. Additional metrics such as moving averages, volume overlays, and stock fundamentals are visible, providing a comprehensive overview for swing or positional traders seeking technical clarity.
GOLD UPDATE – Bulls Defend $4,000 Ahead of Powell’s SpeechGold continues to hold firm above the key $4,000 psychological level, even after a sharp correction from the all-time high near $4,059. The market’s focus now shifts to Fed Chair Jerome Powell’s speech, which could set the tone for the next directional move.
Despite the recent dip, the overall structure remains bullish, and the FiboMatrix setup still signals that buyers are not out of the game yet.
Technical Structure (H1 – FiboMatrix View)
Support Zone (BUY Setup):
4010 – 4012 → Retest of breakout trendline + Fibo 0.618 reaction zone.
Strong intraday base where liquidity may reload for another bullish leg.
Reaction Buy Zone:
402x → Potential confirmation area if price reacts positively.
Resistance Zone (ATH):
4060 → Previous intraday top, acting as the first major barrier before retesting 408x.
SELL Reaction Zone:
4084 – 4086 → Fibo 1.5 – 1.618 expansion zone, potential scalp short zone with tight stop above 4090.
🎯 Trading Plan (Francis Strategy)
✅ BUY Setup:
Entry: 4010 – 402x (wait for confirmation).
TP1: 4060
TP2: 4084
SL: Below 3996
⚠️ SELL Setup (Short-term scalp):
Entry: 4084 – 4086 (if rejection forms).
Target: 4040 → 4020
SL: Above 4096
🔑 Francis Outlook
Gold’s short-term correction looks more like a controlled retracement than a trend reversal.
As long as the price holds above the $4,000 handle, the bullish bias stays intact.
👉 Expect potential consolidation before Powell’s remarks, followed by a sharp reaction depending on the tone of his speech.
A clean breakout above 4060 – 4086 will open the path toward $4,100+ and new ATH targets.
🚀 Trend Bias: Bullish above 4010 – Buy the Dip, Sell only at Fibo extremes with confirmation.
gold silver crucial upate Gold now tested historical high 4060$ as per expected and dwn from high 25$ support additional 4010-4000$ if mkt sustain blw than near dwn 3995-80$ expect or if hold support than again tes new high but eyes on 4060 if sustain abv than mkt 4085--4120-45$ again due to strong etf demands ------------ silver made 49.55$ near to historical high 49.85$ and mkt sudden dwn fall gvn 48$ in comex open mkt at 3.00 am now let see 2011 high will act laxman rekha or not if close abv 49.85$ than will see 52-60$ soon by year end
Yes mcx gold again 123331 if sustain abv than nxt rally possible 123780-124-124800+++ support 122300@ only blw some dwn pressure ---- silver touched 150k historical high now 150300-151000 consolidated zone if close abv or weekly close than only 162000 near looks yes if any correction will update-----
post some time delay sorry for it