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XAUUSD – Consolidation Before Drop**Gold (XAUUSD) – Consolidation Before Potential Downside Move** Gold continues to hover in a consolidation range after the recent breakout and structural shift on the 3H chart. The bullish momentum that previously dominated has now slowed, indicating a possible distribution phase forming near the $4,050–$4,100 zone. The market structure shows repeated rejections at the upper boundary, suggesting that buyers are losing strength. With BOS (Break of Structure) confirmations in the recent candles and a clear lack of higher highs, a potential downside continuation could unfold once the current range is broken. If sellers take control below $3,978, the next liquidity targets lie around **$3,886** and possibly **$3,614**. This scenario aligns with the broader retracement expectation after a strong prior uptrend. However, a confirmed breakout above the consolidation area would shift the short-term bias back to bullish, with upside potential toward **$4,248** and beyond. **Market Outlook:** Neutral → Bearish **Bias:** Short-term corrective move expected **Key Levels:** * Resistance: $4,050 – $4,100 * Support: $3,886 – $3,614 **Tags:** #Gold #XAUUSD #GoldAnalysis #XAUUSDforecast #GoldPricePrediction #GoldTrading #GoldMarket #Commodities #TradingViewIdeas
TVC:GOLDShort
by XAU_EMPIRE
Banknifty Structure Analysis & Trade Plan: 7th NovemberDetailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Bank Nifty is in a Corrective Phase. The price has broken below the key 57,800 support and is now trending lower within a descending channel. The recent bearish candle (Nov 6) shows bears are dominating the move, pulling the price toward the deeper support levels. Key Levels: Major Supply (Resistance): 58,000 - 58,200. This area (the breakdown level and previous swing low) is the key overhead resistance. Major Demand (Support): 57,100 - 57,300. This is the most critical support zone, aligning with the lowest point of the previous correction and a major FVG (Fair Value Gap) on the chart. Outlook: The short-term bias is Bearish. The failure to find support at the 57,800 level accelerates selling pressure. 1-Hour Chart (Intermediate View) Structure: The 1H chart is strongly bearish, trading in a well-defined descending channel. The market is making lower lows and lower highs, and the price closed near the channel's lower boundary. Key Levels: Immediate Resistance: 57,800 (Upper boundary of the descending channel). Immediate Support: 57,400 (Lower boundary of the descending channel). 15-Minute Chart (Intraday View) Structure: The 15M chart confirms the steep descending channel and strong intraday bearish control. The market is consolidating near the low, suggesting a short-term pause before the next leg down. Key Levels: Intraday Supply: 57,800. Intraday Demand: 57,400. Outlook: Strongly Bearish. 📈 Structure Analysis & Trade Plan: 7th November Market Outlook: The Bank Nifty is in a strong bearish trend. The structure favors continuation toward the macro support at 57,100. The overall strategy is Sell on Rise or Breakdown. Bearish Scenario (Primary Plan: Correction Continuation/Sell on Rise) Justification: The breakdown below 57,800 and the confirmed descending channel favor continuation toward the macro support. Entry: Short entry on a successful retest and rejection of the 57,800 - 57,900 level (upper channel resistance/FVG) OR Short on a decisive break and 15-minute close below 57,400. Stop Loss (SL): Place a stop loss above 58,000 (above the immediate swing high). Targets: T1: 57,400 (Lower channel support). T2: 57,100 (Major FVG demand zone). Bullish Scenario (Counter-Trend/Reversal) Justification: A short-covering bounce is possible if the market aggressively reclaims the channel. Trigger: A sustained move and close above 58,000. Entry: Long entry on a confirmed 15-minute close above 58,000. Stop Loss (SL): Below 57,800. Targets: T1: 58,200 (Major overhead resistance). T2: 58,400 (Recent swing high). Key Levels for Observation: Immediate Decision Point: 57,400 - 57,800 zone. Bearish Confirmation: Sustained trade below 57,400. Bullish Confirmation: A move back above 58,000. Line in the Sand: 57,400. Below this, the selling pressure is expected to increase toward 57,100.
NSE:BANKNIFTYShort
by BhardwajVipin
Chart Analysis: EIGEN / USDT (Daily Timeframe)Pattern: Bullish Hammer Reversal (Demand Zone Reaction) The chart shows EIGEN forming a Bullish Hammer pattern right above its last demand zone, indicating that buyers are defending this critical support level. This setup suggests a potential short-term reversal and a shift in momentum from bearish to bullish. Key Observations 🔹 Demand Zone: $0.70 – $0.75 — acting as the last major accumulation area where buying pressure is visible. 🔹 Supply Zone: $1.10 – $1.20 — serves as the next key resistance where sellers may step in. 🔹 Bullish Hammer Pattern: Signals possible end of the downtrend and early signs of recovery momentum. 🔹 Bull Bear Power (BBP): Currently improving from deep negative territory (−0.30), showing decreasing bearish pressure and gradual bullish momentum build-up. 🔹 Structure: Price is attempting a rebound from a long-term support base, potentially setting up for a trend reversal if confirmed by higher highs in the coming sessions. Potential Move If EIGEN sustains above $0.75, the next upside targets could be: 🎯 Target 1: $0.92 — short-term resistance. 🎯 Target 2: $1 — The Physicologycal Number. A breakdown below $0.70, however, could invalidate the setup and open room for further downside. Summary: EIGEN is showing a bullish hammer reversal at a critical demand zone, with improving BBP momentum suggesting that sellers are losing control. A sustained hold above $0.75 may trigger a recovery rally toward the $0.92–$1.15 range. #coinpediamarkets #EIGEN #CryptoAnalysis #EIGENUSDT #TechnicalAnalysis #CryptoTraders #DemandZone #SupplyZone
Long
by coinpediamarkets
Swing Trade Setup: MUTHOOTFIN🟠 Swing Trade Setup: MUTHOOTFIN Trade Type: Short-Term Swing Entry Trigger: 5 consecutive red candles (bearish exhaustion) Exit Timeline: Within two weeks Approach: Reversal anticipation from oversold zone 📌 Trade Rationale - The 5 red candle formation signals persistent selling pressure, often followed by a short-term bounce or reversal. - This setup is commonly used to identify oversold conditions, especially when volume tapers or stabilizes. - Entry is based on the assumption that bearish momentum is fading, and price may revert toward short-term mean.
NSE:MUTHOOTFINLong
by pickmystock
APOLLOHOSP | Demand Zone Setup🏥 APOLLOHOSP | Demand Zone Setup - Chart Context: Price has revisited a previously respected demand zone multiple times, indicating strong buyer interest. - Zone Behavior: Each revisit shows signs of absorption—rejection wicks, narrowing candles, and volume stability. - Historical Significance: The zone aligns with prior accumulation and breakout levels, reinforcing its strength. - Volume Profile: Consistent volume near the zone suggests institutional activity and potential accumulation.
NSE:APOLLOHOSPLong
by pickmystock
Gold Breaks Above $4000, Bulls Take Control for $4100.Dollar Index Meets Resistance at 100.35 near 50 Week EMA .ADP and ISM Non-Manufacturing data improved sentiments. .Fed signals dovish tilt in monetary policy shift. .Mid east tensions and global concerns on economic growth support safe haven demand. .Gold gains strong momentum on breakout above $4000 psychological zone. What's Going on in Gold? After historical one sided bullish rally in Gold the technical indicators were extremely overbought with Monthly RSI reading above 92 screaming for a healthy price correction long overdue and the metal price has witnessed almost $500 correction since then, from $4380 down to $3886 which is very close, just $40 away from 50% Fibonacci retracement zone of $3846 The recent few weeks have witnessed dramatic volatility surge and several unseen records like a $300 intraday drop from the record high and wild swings like a giant roller-coaster. The recent downward spike that dragged Gold prices to $3929 has attracted buyers once again leading to strong breakout above the psychological mark of $4000 reaching $4017 which is lower boundary of immediate resistance bracket $4017-$4028 What's Likely Scenario Ahead for Bulls? This $4017-$4028 zone is significant as solid demand accumulation above this zone will extend rebound towards next resistance cluster of $4060-$4085 above which $4100 sits as next critical resistance. If macro factors align together in favour of safe haven demand for Gold with consolidated break above $4100, the probability for bullish rebound extending further would increase with potential upside reaching $4130 followed by $4190 in near term. Will the Bullish Rally Pause at $4200? The probability of current rebound extending or pausing is purely subject to price reaction to key price levels aligned with Fibonacci retracements. As of now considering the strong breakout above $4000 psychological mark and current consolidation above $4010, a strong push above $4018-$4020 will extend move to $4028-$4035-$4045 while next effective resistance areas are $4060 and $4085 with major hurdle $4100 which may act as supply zone. If the rally has to pause, price action needs to be monitored at $4060 and $4085-$4100 for signs of rejection and momentum exhaustion. If price resistance shows rejection on the critical areas, a sell off may be witnessed towards $4000-$3975 Short Term Outlook: The breakout and price consolidation above $4000 is supportive for a short term bullish rebound which initially targets $4030-$4045-$4060 followed by $4085-$4100 Any pullback towards $3975-$3965 is likely to attract buyers on dips.
OANDA:XAUUSDLong
by SunilKumarDixitSKCharting
Chart Analysis: XRP / USDT (Daily Timeframe)Pattern: Demand Zone Rebound (Bullish Recovery Setup) The chart shows XRP bouncing from a strong demand zone, signaling a potential short-term reversal after recent selling pressure. The price action suggests that buyers are gradually regaining control, with momentum shifting upward toward key resistance levels. Key Observations 🔹 Demand Zone: Around $2.10 – $2.20, acting as strong accumulation support where buyers previously stepped in. 🔹 Immediate Resistance: Supply zone near $2.90 – $3.00, expected to be the next major barrier. 🔹 Targets:  🎯 Target 1: $2.52 — first resistance test after bounce.  🎯 Target 2: $2.72 — extension move toward supply zone. 🔹 Bull Bear Power (BBP): Currently improving from the negative region (-0.11), suggesting weakening bearish strength and a potential bullish transition. 🔹 Structure: Price forming higher lows after a deep retracement, indicating renewed accumulation and possible trend reversal setup. Potential Move If XRP sustains above $2.20, bullish momentum could drive a move toward the $2.50 – $2.70 range. Failure to hold this demand zone, however, may trigger a retest toward $2.00 support. Summary: XRP is showing early signs of a bullish reversal from a major demand zone. Momentum indicators hint at a possible shift toward the upside, with targets near $2.52 and $2.72 if buyers maintain control. #coinpediamarkets #XRP #Ripple #XRPUSDT #CryptoAnalysis #TechnicalAnalysis #CryptoTraders #CryptoMarket
by coinpediamarkets
Mahindra & Mahindra's Inverse Head & Shoulders BreakoutMahindra & Mahindra's Inverse Head & Shoulders Breakout Signals Bullish Momentum with RSI Above 70 Mahindra & Mahindra Ltd. (M&M), currently trading around ₹3,648, is exhibiting a classic inverse head and shoulders pattern on its hourly chart—a bullish reversal setup that often precedes upward price movement. Coupled with a Relative Strength Index (RSI) reading above 70, the stock is showing signs of strong momentum, though traders must tread with technical precision. With the inverse head and shoulders pattern completing and RSI above 70, Mahindra & Mahindra is technically poised for a bullish move. Traders should monitor price action closely, use disciplined stop-losses, and avoid over-leveraging. This setup favors momentum traders and short-term swing positions, especially if volume confirms the breakout.
NSE:M&MLong
by NANARKAR
Gold (XAUUSD) Technical AnalysisGold (XAUUSD)🟡 Timeframe: 1H Current Price: $3,989 Market Overview: Gold prices are consolidating near the $3,985–$3,990 zone after recovering from recent lows. The metal maintains bullish momentum supported by strong price action above short-term moving averages, with buyers regaining control amid stable US Dollar movement. Indicator Analysis: 1. EMA (Exponential Moving Average): The price is currently trading above the 21-EMA and 50-EMA, indicating a short-term bullish bias. As long as Gold holds above the 21-EMA ($3,982), momentum remains favorable for buyers. 2. VWAP (Volume Weighted Average Price): Price is above VWAP, suggesting active buying pressure and potential continuation toward the next resistance zones. The VWAP band support sits around $3,977, acting as a key intraday cushion. 3. Bollinger/VWAP Bands: Price is testing the upper VWAP band, showing possible short-term resistance but overall strength in the trend. Any pullback toward mid-band levels ($3,975–$3,980) could attract new buying interest. Key Levels: Immediate Resistance: $4,000 / $4,015 Major Resistance: $4,035 / $4,050 Immediate Support: $3,980 / $3,972 Major Support: $3,965 / $3,950 Technical Bias: Bullish above: $3,980 Neutral zone: $3,970–$3,980 Bearish below: $3,965 Outlook: Gold remains in a short-term uptrend, with momentum favoring further upside as long as it holds above $3,980. A clean breakout above $4,000 could open room toward $4,015–$4,035. Conversely, a drop below $3,970 would signal weakening momentum, potentially retesting the $3,950 zone.
OANDA:XAUUSD
by carlos_fx2
INDUS TOWER : LongChart Type: Weekly (each candle = 1 week) Indicators: 20 EMA + RSI (Relative Strength Index) Pattern Highlighted: Bullish Engulfing near support Volume: Rising on the bullish candle Price Action Zone: From ₹320–₹460 range Support Zone: Around ₹320–₹330 This zone acted as a base multiple times — buyers consistently defended it. A strong bullish engulfing pattern formed at the support, followed by a high-volume breakout above the 20 EMA. This pattern often signals reversal from downtrend to uptrend. Price has reclaimed the 20 EMA after several weeks below it — a short-term bullish sign. RSI rebounded from near 40 levels and is now rising toward 60 — confirms improving momentum. Resistance Levels: First resistance: ₹430–₹435 Second resistance / target zone: ₹460 🟩 Trading Plan Entry: Aggressive entry: Near ₹395–₹400 (current level after bullish confirmation). Conservative entry: On a retest of ₹370–₹380 (if price pulls back to 20 EMA). Confirm entry on a weekly close above ₹400 with sustained volume. Stop Loss (SL): Place SL below ₹340 (below bullish engulfing low and support zone). Risk per trade ≈ ₹60 (400–340). Take Profit (Targets): Target 1: ₹430 → Partial profit booking zone (~8% gain). Target 2: ₹460 → Previous swing high / full target (~15% gain). Extended target (if momentum strong): ₹500+ (psychological level). Risk–Reward Ratio: Entry ₹395–₹400 Stop Loss ₹340 Target 1 ₹430 → 1:0.6 Target 2 ₹460 → 1:1.3 Good setup for swing trade with clear technical confluence.
NSE:INDUSTOWERLong
by PowerOfTA
Elliott Wave Analysis XAUUSD – November 6, 2025🔹 Momentum D1 timeframe: The D1 momentum is now closing in, signaling a possible transition phase with two potential outcomes: • If today’s D1 candle closes bullish (green): momentum is likely to reverse upward, suggesting a short-term bullish correction. • If today’s candle closes bearish (red): the downtrend may continue. The current momentum behavior is unusual, reflecting market indecision between buyers and sellers after a strong decline. As a result, even a small impulse from either side could cause a quick momentum shift. H4 timeframe: Momentum on H4 is still in a downward phase but already showing early signs of closing and potential bullish reversal. • If the current H4 candle closes bearish, the downtrend may extend. • If it closes bullish and momentum turns upward, price could retest the 4028 zone. H1 timeframe: Momentum on H1 is now entering the oversold area, indicating that a reversal could occur within 1–2 more H1 candles. If momentum turns down again from resistance, this could offer an opportunity for a short-term sell (scalp) around the nearest liquidity zone. ________________________________________ 🔹 Wave Structure D1 timeframe: As discussed in previous plans, the current structure still forms a W–X–Y correction in yellow, representing wave (4) of the larger cycle. • The W wave has already reached the 0.382 retracement of wave (3) yellow — which often marks the typical end zone of wave 4. • Therefore, the following X and Y waves may take longer to complete to maintain time balance within wave (4). Meanwhile, the X wave (purple) remains relatively shallow, having retraced only about 0.236 of wave W (purple). Combined with the still-uncertain momentum discussed above, a potential rise toward the 4149 zone remains a realistic scenario. However, if today’s D1 candle closes bearish, price could continue lower to complete wave Y (purple). Given the current structure favors time balance rather than depth, this Y wave may unfold sideways rather than deeply downward. At this stage, price is compressed within a narrow range, reflecting market hesitation. It’s best to wait for major catalysts such as the Nonfarm Payrolls report, which could trigger the next decisive move. ________________________________________ H4 timeframe: The current X wave is developing within a narrow range under the form of a contracting triangle (a–b–c–d–e). A triangle can only be confirmed once all five internal legs are completed. Once that happens, a breakout above or below the triangle boundaries will define the next direction. 👉 For now, observation should be prioritized over action. ________________________________________ H1 timeframe: Wave labeling on H1 is somewhat noisy due to overlapping three-wave structures within a tightening range. Tentatively, the labeling shows a W–X–Y correction in green, where wave X appears to be a triangle formation. A final small drop forming wave e could complete this triangle (wave X in green). Once it’s done, a new Y wave in green may start unfolding upward. ________________________________________ 🔹 Summary At present, the market remains noisy and compressed, making it unsuitable for swing entries. • Avoid swing positions until the structure and momentum become clearer. • Focus only on short-term scalp setups around key liquidity zones identified earlier. • Wait for confirmation of direction and structure before committing to larger trades.
OANDA:XAUUSD
by WavePoint_FX
NIFTY KEY LEVELS FOR 06.11.2025NIFTY KEY LEVELS FOR 06.11.2025 Timeframe: 3 Minutes If the candle stays above the pivot point, it is considered a bullish bias; if it remains below, it indicates a bearish bias. Price may reverse near Resistance 1 or Support 1. If it moves further, the next potential reversal zone is near Resistance 2 or Support 2. If these levels are also broken, we can expect the trend. When a support or resistance level is broken, it often reverses its role; a broken resistance becomes the new support, and a broken support becomes the new resistance. If the range(R2-S2) is narrow, the market may become volatile or trend strongly. If the range is wide, the market is more likely to remain sideways please like and share my idea if you find it helpful 📢 Disclaimer I am not a SEBI-registered financial adviser. The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments. Please consult with your SEBI-registered financial advisor before making any trading or investment decisions. Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
NSE:NIFTY
by AATHIE
Bank Nifty Breakdown – Rising Wedge Breakdown Hints sellingBank Nifty has recently shown a significant technical development that could mark a short-term reversal: a breakdown from a rising wedge pattern below its support trendline. The rising wedge is generally a bearish reversal pattern when occurring after an uptrend, and in this case, the structure has played out with textbook precision. Initially, Bank Nifty attempted to break above the resistance zone around 58,200–58,400, but it failed to sustain the move. This fake breakout, often referred to as a bull trap, is a strong bearish signal—especially when followed by a clean breakdown of the support line, as seen near the 57,800 level. The price has now convincingly moved below this support zone, confirming a potential trend reversal. The pattern's height, which represents the distance between the highest swing high and lowest swing low within the wedge, has been used to project the downside targets. According to this breakdown setup, the following bearish targets are now in play: Target 1: 57,550 Target 2: 57,050 Projected Final Target: 56,650 These targets are marked clearly on the chart and represent areas where price action may find temporary support or experience short-covering bounces. However, unless Bank Nifty reclaims the upper wedge zone and invalidates the breakdown, the path of least resistance remains downward. What makes this move even more credible is the series of lower highs formed under resistance, showing consistent selling pressure. Simultaneously, the failed breakout has likely triggered stop losses of aggressive long positions, adding to the downward momentum. Traders should now watch for confirmation of this breakdown with volume and follow-through candles. Any bounce back to the 57,800–58,000 zone should be approached with caution, as it may act as a fresh supply zone unless strongly reclaimed.
NSE:BANKNIFTYShort
by TradZoo
#NIFTY Intraday Support and Resistance Levels - 06/11/2025Nifty is expected to open with a gap up near the 25,750 zone, showing early signs of recovery after a recent decline. The opening above the immediate resistance area indicates potential buying interest, but sustained momentum will be key to confirming a reversal. If Nifty holds above 25,750–25,780, it may extend its move toward 25,850, 25,900, and 25,950+. A breakout above 25,950 could trigger further upside toward 26,000–26,050, strengthening the short-term bullish bias. On the downside, initial support lies near 25,700–25,650. A failure to sustain above this zone could lead to renewed selling pressure toward 25,600, 25,550, and 25,500, which remains a crucial support level for the day. Overall, with a gap up opening near 25,750, sentiment is expected to remain mildly positive as long as the index sustains above 25,700. Traders should monitor price action near the 25,900 zone for potential resistance and use a trailing stop loss to protect profits in case of volatility.
NSE:NIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(06/11/2025)Bank Nifty is expected to open slightly gap up near the 57,850–57,900 zone, indicating mild positive sentiment after a period of consolidation. The index has been trading in a tight range for the past few sessions, and a decisive breakout is likely to set the next short-term trend. If Bank Nifty sustains above 57,900–58,000, it may attempt a move toward 58,100, 58,250, and 58,350+ levels. A breakout above 58,450 will further strengthen bullish momentum, opening the path toward 58,600–58,750. On the downside, immediate support is placed at 57,750–57,700. A fall below this zone could invite selling pressure, dragging the index toward 57,550, 57,450, and 57,250, while a further decline below 57,050 may extend the weakness. Overall, with a slightly gap up opening, the index is expected to stay range-bound between 57,700–58,200 during the early session. Traders should focus on breakout confirmation above 58,000 or breakdown below 57,700 for clear intraday direction, while maintaining strict stop losses due to potential intraday volatility.
NSE:BANKNIFTY
by TradZoo