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Gold (XAUUSD) Shows Head & Shoulders BreakdownGold on the 1-hour timeframe has formed a clear Head and Shoulders reversal pattern, signaling a potential shift from bullish momentum to a corrective or bearish phase. The structure is well-defined, with a visible left shoulder, a higher head, and a lower right shoulder, indicating weakening buying strength after the recent rally. The neckline zone, highlighted around the 4,440–4,445 area, acted as a crucial support and demand region earlier. Price has now broken below this neckline and is struggling to reclaim it, which confirms the breakdown of the pattern. This behavior suggests that sellers are gaining control, and any pullback toward the neckline is likely to face selling pressure rather than fresh buying. As long as Gold remains below the neckline, the bias stays bearish. The projected move, based on the height of the head-to-neckline, points toward a downside target near the 4,380–4,385 zone. Minor pullbacks or consolidations may occur in between, but unless price reclaims and sustains above the neckline, the risk remains tilted toward further downside. From a trading perspective, this is a classic example of trend exhaustion after a strong upside move. Bulls should be cautious at current levels, while bears can look for continuation setups on weak pullbacks, keeping risk tightly managed. The overall structure clearly indicates that Gold is no longer in a strong bullish phase on the intraday chart and is now transitioning into a corrective move.
OANDA:XAUUSDShort
by TradZoo
“Bullish Pullback → Trendline Support Holding for Next Rally🔍 Key Technical Analysis Price previously formed a strong bearish breakout, followed by a price rebound from a high pivot demand zone (POI) 🔄 Market has established a clear upward channel, confirming a medium-term bullish structure 📈 Break of Structure (BOS) to the upside signals a shift from bearish to bullish momentum ✅ Price is currently pulling back toward the upward trendline & horizontal support, indicating a healthy retracement, not a reversal 🟦 Bullish momentum remains valid as long as price holds above the support zone around 4,440 – 4,450 💪 Liquidity is resting above recent highs near the resistance trendline 🎯 🎯 Potential Price Targets (with stickers) Target Type Price Area Sticker TP1 → Recent High Retest 4,490 – 4,500 🎯 TP2 → Trendline Resistance 4,520 – 4,540 🚀💰 📌 TP1 = Conservative & high-probability target 📌 TP2 = Extended bullish move if momentum accelerates 📌 Trade Setup Idea 🟢 Buy Zone: ➤ 4,440 – 4,455 (trendline + support confluence) 🎯 Take Profit: ➤ TP1: 4,500 🎯 ➤ TP2: 4,535 🚀 🧭 Overall Market Bias Factor Bias Market Structure Bullish 📈 Trend Upward Channel Holding ✅ Momentum Buyers in control 💹 Liquidity Target Above highs 💧
FOREXCOM:XAUUSDLong
by Pipshunter27
5
Natural gas very weak sell on rise on higher price 315-317Parameter Data Asset Name Natural Gas MCX - Jan '26 Future Price Movement 🟥 ₹307.70 (▼ -₹13.70 / -4.26%) Current Trade 🟥 Strong Sell / Sell on Rise ENTRY Short at ₹310 - ₹312 (Pullback Zone) STOP LOSS ₹322.50 (Above Day's Swing High) TARGET T1: ₹300 | T2: ₹292 | T3: ₹285 SMC Structure 🟥 Bearish Break of Structure (BOS) at ₹315 Trap/Liquidity Zones 🟥 Bull Trap: ₹324.20 | 🟩 Demand Liquidity: ₹298.00 Probability 🟥 68% Bearish Continuation to ₹295 Risk Reward 1 : 2.5 Confidence 🟩 High (Aligned with Fundamental Data) Max Pain 🟨 ₹315 (Call Writers Aggressive) DEMA Levels 🟥 Price below 9 DEMA (₹314) & 20 DEMA Supports 🟩 S1: ₹304.90 | 🟩 S2: ₹298.50 | 🟩 S3: ₹292.00 Resistances 🟥 R1: ₹315.20 | 🟥 R2: ₹321.40 | 🟥 R3: ₹326.60 ADX / RSI / DMI 🟥 ADX: 45 (Strong Trend) | RSI: 32 (Approaching Oversold) Market Depth 🟥 Ask Side Dominant (Aggressive Selling) Volatility 🟥 ATR: High (Day Range ₹21.70) Source Ledger 5paisa, Dhan, Economic Times, FXEmpire OI (Open Interest) 🟥 25,055 Contracts (-11.29% Long Liquidation) PCR (Put Call Ratio) 🟥 0.60 (Bearish/Oversold) VWAP 🟥 ₹316.50 (Price trading deeply below VWAP) Turnover 🟩 High (Panic Selling Volume) Harmonic Pattern 🟩 Potential Shark Pattern completing at ₹295 IV / RV 🟥 IV: Spiked to 65% (Fear in Options) Options Skew 🟥 Put Skew Extreme (Hedging Downside) Vanna / Charm 🟥 Dealers short gamma, accelerating drop Block Trades 🟥 Sell Baskets executed at ₹312 COT Positioning 🟨 Commercials increasing Short Hedges Cross-Asset Correlation 🟩 Correlated with WTI Crude Drop (-2.0%) ETF Rotation 🟥 Inflows into KOLD (Short Natural Gas ETF) Sentiment Index 🟥 Extreme Fear OFI (Order Flow) 🟥 Negative (Sellers hitting the bid) Delta 🟥 Net Delta: Highly Negative VWAP Bands 🟥 Testing -3.0 SD Band (Crash Mode) Rotation Metrics 🟥 Capital rotating to Cash/Safety Market Phase 🟥 Mark Down / Liquidation
MCX:NATURALGAS1!Short
by EquityCommodityMarketJaiPrakas
Gold Trading Strategy for 09th January 2026🟡 GOLD (XAUUSD) – 30 MIN BREAKOUT TRADE SETUP 💰 📊 Timeframe: 30 Minutes ⚠️ Trade only after candle CLOSE, not on wick movement. 🟢 BUY SETUP (Bullish Breakout) 🚀 ✅ Buy Above: 4503 ✅ Condition: 30-minute candle closes ABOVE 4503 🎯 Targets: 🎯 Target 1: 4514 💵 🎯 Target 2: 4525 💵💵 🎯 Target 3: 4540 💵💵💵 📌 Note: Trail stop loss after Target 1 Strong momentum expected if volume supports breakout 🔴 SELL SETUP (Bearish Breakdown) 📉 ❌ Sell Below: 4430 ❌ Condition: 30-minute candle closes BELOW 4430 🎯 Targets: 🎯 Target 1: 4415 💵 🎯 Target 2: 4403 💵💵 🎯 Target 3: 4388 💵💵💵 📌 Note: Partial profit booking advised Avoid selling if candle closes with long lower wick ⚖️ RISK MANAGEMENT RULES 🛡️ ✔️ Always trade with Stop Loss ✔️ Risk only 1–2% of capital per trade ✔️ Avoid over-trading during news events 📰 ✔️ Discipline > Emotions ⚠️ DISCLAIMER 🚨 This is not financial advice. 🚨 Shared only for educational & analysis purposes. 🚨 Commodity & forex markets involve high risk. 🚨 Please consult your financial advisor before trading. 🚨 I am not responsible for profits or losses.
TVC:GOLD
by ramkkyy
buy gold xauusdGold is showing bullish strength, and a buying opportunity is identified around the 4430 level. This zone is acting as a strong support area, indicating potential upside momentum. Entry: Buy at 4430 Stop Loss: 4416 Placed below the recent support to manage risk and protect capital in case of a breakdown. Target: 4463 This level aligns with the next resistance zone, offering a favorable risk-to-reward ratio. The setup favors buyers as long as price sustains above the support region. A successful hold above 4430 could attract further buying interest, pushing price toward the target. Risk is clearly defined, making this a disciplined and structured trade plan. Risk Management: Always trade with proper position sizing and adhere strictly to the stop loss.
FOREXCOM:XAUUSDLong
by mangeshmk
Silver : Upside trendline Broken and Profit BookingSilver is under pressure of profit booking / short selling and shortage of buying is putting pressure to start downtrend. Downward levels 214000, 200000, 186000 may be seen. All this analysis will be negated if it closes above 252000. Be careful about investment / trading. But if you are in control of fear and greed then ask your financial advisor for stoploss to protect your hard earned money. It is my point of view solely for informative purpose only. (In Trading Time it may go above/below stoploss But closing price is most important). These are levels are generated on the basis on Fibonacci Series NOTE : I am not SEBI registered advisor in capital market. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thank you.
MCX:SILVER1!
by maneeshaggarwal
GIFTNIFTY IntraSwing Levels For 09th JAN 2026❇️ GIFTNIFTY IntraSwing Levels for 09th JAN 2026 🚀Follow & Compare NIFTY spot Post for Taking Trade 💥Level Interpretation / description: L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. L#2: Possibility / Probability of REVERSAL near RLB#1 & UBTgt L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above. L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias. L#5: Possibility / Probability of REVERSAL near RLS#1 & USTgt HZB (Buy side) & HZS (Sell side) => Hurdle Zone, *** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature) Rest Plotted and Mentioned on Chart Color code Used: Green =. Positive bias. Red =. Negative bias. RED in Between Green means Trend Finder / Momentum Change / CYCLE Change and Vice Versa. Notice One thing: HOW LEVELS are Working. Use any Momentum Indicator / Oscillator or as you "USED to" to Take entry. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠️ DISCLAIMER: 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. I am not a SEBI-registered financial adviser. 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. "As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's". ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ❇️ Follow notification about periodical View 💥 Do Comment for Stock WEEKLY Level Analysis.🚀 📊 Do you agree with this view? ✈️ HIT THE PLANE ICON if this technical observation resonates with you. It will Motivate me. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💡 If You LOOKING any CHART, You want me to ANALYZE? Share your desired stock names in the comments below! I will try to analyze the chart patterns and share my technical view (so far my Knowledge). If Viewers think It can identify meaningful setups. Looking forward to hearing from all of you — let's keep this discussion going and help each other make better trading decisions.
NSEIX:NIFTY1!
by DSKF16
Crude oil sell on rise 5170 -5220 downside 5100, 4950 , 4800Parameter Data Asset Name Crude Oil MCX - Jan '26 Future Price Movement 🟩 ₹5,137.00 (▲ +₹96.00 / +1.90%) Current Trade 🟨 Neutral / Sell on Rise (at Resistance) SMC Structure 🟥 Internal Bearish Structure (Lower Highs) Trap/Liquidity Zones 🟥 Bull Trap: ₹5,160 | 🟩 Demand Liquidity: ₹5,010 Probability 🟨 55% Rejection from ₹5,150 Zone Risk Reward 1 : 2 Confidence 🟨 Medium (Counter-trend Pullback) Max Pain 🟨 ₹5,100 (Straddle Activity High) DEMA Levels 🟥 Price below 50 DEMA (Trend is Down) Supports 🟩 S1: ₹5,065 | 🟩 S2: ₹5,010 | 🟩 S3: ₹4,923 Resistances 🟥 R1: ₹5,154 | 🟥 R2: ₹5,192 | 🟥 R3: ₹5,260 ADX / RSI / DMI 🟨 ADX: 28 (Trend Reset) | RSI: 44 (Recovering from Oversold) Market Depth 🟩 Bid Side Active (Short Covering) Volatility 🟨 ATR: ₹105 (Moderate Expansion) Source Ledger Enrich Money, 5paisa, Economic Times, Investing.com OI (Open Interest) 🟩 16,711 Contracts (+4.09% - Short Covering/Long Build) PCR (Put Call Ratio) 🟨 0.88 (Neutral) VWAP 🟩 ₹5,066 (Price trading above VWAP) Turnover 🟨 Moderate (Wait and Watch mode) Harmonic Pattern 🟥 Bearish Gartley forming at ₹5,180 IV / RV 🟨 IV: 32% (Geopolitical Risk elevated) Options Skew 🟨 Call Skew improving (Hedging Upside Risk) Vanna / Charm 🟨 Dealers reducing short delta exposure Block Trades 🟩 Buying detected at ₹5,080 COT Positioning 🟥 Managed Money Net Longs at multi-year lows Cross-Asset Correlation 🟩 Inverse to USDINR (89.90) ETF Rotation 🟨 Mixed flows in USO (US Oil Fund) Sentiment Index 🟨 Cautious (War Fear vs. Demand Fear) OFI (Order Flow) 🟩 Positive +5.2 (Buyers stepping in) Delta 🟩 Net Delta: Positive Intraday VWAP Bands 🟨 Testing +1.0 SD Band Rotation Metrics 🟨 Energy Sector showing relative strength today Market Phase 🟨 Pullback / Retracement
MCX:CRUDEOIL1!Short
by EquityCommodityMarketJaiPrakas
Gold mcx buy on dip will continue avoid any sell new ATH comeParameter Data Asset Name Gold Futures (MCX) Price Movement 🟥 ₹1,37,752 (▼ -₹257 / -0.19%) Current Trade 🟨 Neutral / Buy on Dips (Intraday Recovery) SMC Structure 🟩 Internal Bullish Change of Character (iChoCh) Trap/Liquidity Zones 🟥 Bear Trap: ₹136,443 | 🟥 Supply Liquidity: ₹138,260 Probability 🟨 55% Bullish Recovery to VWAP/Day High Risk Reward 1 : 2 Confidence 🟨 Medium (Contesting Daily Trend) Max Pain 🟨 ₹137,500 (High Put Writing at Strike) DEMA Levels 🟩 Price Reclaiming 9 DEMA (₹137,650) Supports 🟩 S1: ₹137,000 | 🟩 S2: ₹136,440 | 🟩 S3: ₹135,800 Resistances 🟥 R1: ₹138,260 | 🟥 R2: ₹139,140 | 🟥 R3: ₹140,465 ADX / RSI / DMI 🟨 ADX: 30 (Trend Weak) | RSI: 49 (Neutral/Recovering) Market Depth 🟩 Bid Side Strengthening (Recovery Phase) Volatility 🟨 ATR: ₹1,001 (High Intraday Swing) Source Ledger User Terminal (Image), Economic Times, GoodReturns, Mint OI (Open Interest) 🟥 14,942 Contracts (Long Unwinding observed) PCR (Put Call Ratio) 🟨 0.82 (Neutral to Slightly Bearish) VWAP 🟥 ₹137,009 (Price crossed above VWAP) Turnover 🟨 Moderate (Focus on Feb Expiry) Harmonic Pattern 🟩 Bullish Bat Pattern completed at ₹136,500 IV / RV 🟨 IV: 15.5% (Cooling off) Options Skew 🟨 Flat Skew (Uncertainty ahead of US Data) Vanna / Charm 🟨 Dealers balancing delta near ₹137,500 Block Trades 🟩 Buying Interest detected at ₹136,800 COT Positioning 🟨 Commercials holding net short hedges Cross-Asset Correlation 🟥 Inverse to DXY (98.69) & USD/INR ETF Rotation 🟥 Outflows from Gold BeES (Profit Booking) Sentiment Index 🟨 Cautious Optimism (Waiting for CPI) OFI (Order Flow) 🟩 Positive (Aggressive Buying at Ask) Delta 🟩 Net Delta turning Positive intraday VWAP Bands 🟨 Trading inside 1st SD Bands Rotation Metrics 🟨 Cash moving from Silver to Gold (Safety) Market Phase 🟨 Accumulation / Recovery
MCX:GOLD1!Long
by EquityCommodityMarketJaiPrakas
Gold Analysis & Trading Strategy | January 8✅ 4-Hour Chart (H4) Trend Analysis 1️⃣ Overall Structure: Distribution Completed – Trend Turning Bearish Price has completed a topping structure within the 4490–4520 institutional distribution zone. It has now broken below the distribution mid-zone, officially entering: ➡ Distribution completed → Trend weakening → Pullback channel activation phase 2️⃣ Moving Averages: Bearish Crossover – Trend Reversal Confirmed MA5 / MA10 have crossed downward Price is trading below MA20 MA50 is flattening and turning into overhead resistance ➡ This is a standard mid-term trend reversal activation structure 3️⃣ Bollinger Bands: Upper Band Collapse – Downtrend Channel Opening Price has broken below the mid-band The lower band has started to open downward ➡ Downside space is officially opening and the market has entered a trending bearish phase ✅ 1-Hour Chart (H1) Trend Analysis 1️⃣ Structure: Lower Highs & Lower Lows – Bear Trend Established Highs continue to decline (4500 → 4470 → 4445) Lows continue to shift lower ➡ A standard bearish trend channel 2️⃣ MA Structure: Full Bearish Alignment MA5 / MA10 / MA20 are fully aligned bearishly Price is continuously capped by MA20 ➡ Every rebound is a selling opportunity 3️⃣ Bollinger Bands: Riding the Lower Band – Trend Acceleration Price is riding along the lower band ➡ Bearish momentum is accelerating 🔴 Resistance Levels ：4445 – 4455 / 4470 – 4485 🟢 Support Levels ：4420 / 4405 / 4385 4350 – 4330 (Gap target zone) 📌 Gold Trading Strategy Reference 🔰 Strategy 1 — Sell on Pullbacks (Main Strategy) 📍 Sell Zone 1: 4445 – 4455 📍 Sell Zone 2: 4470 – 4485 🎯 Targets: TP1: 4420 TP2: 4405 TP3: 4385 TP4: 4350 – 4330 Reasons: • H4 trend reversal confirmed • H1 bearish channel continuation • Lower Bollinger Band momentum acceleration • Structural pullback after distribution completion 🔰 Strategy 2 — Short-Term Counter Buy (Scalp Only) Only when price reaches major support and shows clear stabilization signals: 📍 Buy Zone: 4330 – 4350 🎯 Targets: 4385 / 4405 ✅ Trend Summary • Trend has shifted from high-level distribution into a bearish activation phase • Every rebound is a sell, not a buy • 4330–4350 is the institutional gap-filling target zone • Main rhythm: Sell rallies and follow the bearish trend 🔥 Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions.
OANDA:XAUUSD
by Gold_StrategyMaster
XAUUSD M30: Buy at lows in downtrend channel pullback🔍 Market Structure (SMC) • The previous major trend was bullish, but currently, the price is adjusting within a downtrend channel • The nearest peak is a Weak High → short-term selling pressure still exists • Within the downtrend channel, the price has created a small BOS, indicating sellers are controlling the short-term pace • The bullish structure has not been completely broken, so the current decline is considered a pullback / liquidity redistribution 🔴 Reaction zone above (short-term SELL) • OB + Fibo retracement: 4,454 – 4,466 • Confluence: Order Block bearish Fibo 0.5–0.618 of the decline Upper trendline of the downtrend channel 👉 Only SELL for short-term reactions, not SELL according to the major trend. 🟢 Key BUY zone (Main Demand) • Bullish OB: 4,405 – 4,395 • This is a zone: Clearly defined previous Demand Bottom of the downtrend channel Area prone to liquidity sweep + strong reaction 👉 Prioritize BUY when the price sweeps down to this zone and holds the bottom. 🎯 Expectations & Targets • TP1: 4,440 • TP2: 4,466 • TP3 (if breaking the channel): return to the above Weak High zone ❌ Invalidation • Price closes M30 below 4,395 → Demand fails, bullish structure breaks → stop BUY scenario 📌 Quick Summary • Short-term: Sideway – decline within the channel • Main strategy: BUY low – SELL reaction • Do not FOMO in the middle, wait for the price to hit the zone
OANDA:XAUUSDLong
by Goldscale-Capital
NGAS (Natural Gas) – Technical Analysis | 2HFX:NGAS Channel support line hit: Price has reacted exactly from the lower boundary of the falling channel, indicating structural support is respected. New low not aggressive : The recent breakdown didn’t show strong momentum or expansion in range → signs of selling exhaustion, not panic. Demand zone respected : Buyers stepped in from the marked demand area, confirming willingness to defend this zone. Overall structure suggests short-term mean reversion / pullback rather than continuation of sharp downside. 📉 Trade Plan 🟢 Buy Zone: 3.42 – 3.46 ⛔ Stop Loss: 3.32 🎯 Targets: T1: 3.63, T2: 3.89, T3: 4.10. Keep Learning, Happy Trading.
FX:NGASLong
by SANJAYPATIDAR_
sell gold XAGUSDGold – Short-term Bearish Setup Gold is bearish on the short time frame. Sell below: current market price Target: 4427.08 Stop-loss: 4469.53 Expected to hit the target within a few hours, if momentum continues. Risk–Reward Snapshot Risk: 4469.53 − entry Reward: entry − 4427.08 If entry is near 4450, R:R is roughly 1:1.3, which is acceptable for an intraday trade. Important note This is a market view, not guaranteed outcome. Short-timeframe trades are highly sensitive to: News releases Sudden volatility WRITE IN FROMAL WAY Here is a formal version of your statement: Gold is bearish on the short-term time frame. A sell position can be considered with a target of 4427.08 and a stop loss set at 4469.53. The target is expected to be achieved within the next few hours. If you want it more professional (e.g., for a report or client update), I can refine it further. LITTLE BIG Here is a slightly more detailed and formal version: Gold is showing bearish momentum on the short-term time frame. Based on the current price action and technical structure, a sell position may be considered. The downside target is placed at 4427.08, while the stop loss should be maintained at 4469.53 to manage risk effectively. If the bearish momentum continues as expected, the stated target could be reached within the next few hours. If you want it even more expanded or tailored for a trading note, signal post, or client advisory, let me know.
FOREXCOM:XAUUSDShort
by mangeshmk
Gold Trading Strategy for 08th January 2026🟡 GOLD (XAUUSD) – Intraday Trading Plan 📈 BUY SETUP (Bullish Scenario) 💰 🟢 Condition: Buy ONLY IF price breaks and closes above the 1-hour candle HIGH Confirmation level: Above 4478 🟢 Buy Entry: 📍 Buy above: $4478 (after 1H candle close above this level) 🎯 Buy Targets: 🥇 Target 1: $4490 🥈 Target 2: $4500 🥉 Target 3: $4512 📊 View: Sustained buying above $4478 indicates bullish momentum Expect continuation if volume supports the breakout 📉 SELL SETUP (Bearish Scenario) 🔻 🔴 Condition: Sell ONLY IF price breaks and closes below the 1-hour candle LOW Confirmation level: Below 4435 🔴 Sell Entry: 📍 Sell below: $4435 (after 1H candle close below this level) 🎯 Sell Targets: 🥇 Target 1: $4423 🥈 Target 2: $4410 🥉 Target 3: $4397 📊 View: Breakdown below $4435 shows bearish strength Further downside possible if selling pressure continues ⚠️ IMPORTANT TRADING NOTES ✔ Trade ONLY after 1-hour candle close confirmation ✔ Avoid impulsive entries before confirmation ✔ Follow proper risk management and position sizing ✔ Gold is highly volatile – trade with discipline 📢 DISCLAIMER ⚠️ This analysis is for educational and informational purposes only ⚠️ Not a financial or investment recommendation ⚠️ Trading in Gold (XAUUSD) involves high risk ⚠️ Please consult your financial advisor before trading ⚠️ I am not responsible for any profit or loss incurred
TVC:GOLD
by ramkkyy
Elliott Wave Analysis XAUUSD – 07/01/2025 1. Momentum D1 Timeframe – D1 momentum is currently approaching the overbought zone – We need to wait for today’s D1 candle close for confirmation: – Either momentum fully enters the overbought zone – Or it starts to reverse to the downside – We wait for the candle close to confirm the next signal H4 Timeframe – H4 momentum is currently declining – This indicates that bearish momentum on the H4 timeframe is still dominant – Main scenario: price continues to decline until H4 momentum reaches the oversold zone and shows a bullish reversal signal H1 Timeframe – H1 momentum is approaching the oversold zone – There are signs of a potential bullish reversal – In the short term, a technical rebound on the H1 timeframe is likely to occur 2. Elliott Wave Structure D1 Timeframe – The current structure is wave 2 or wave B of the purple wave Y – The ongoing upward move is likely approaching completion – This wave 2/B has a high probability of ending when D1 momentum confirms a bearish reversal H4 Timeframe – The wave 2 or wave B structure has already reached its valid target zone – H4 momentum is declining – Expectation: the top has likely been formed – Main strategy: look for Sell opportunities on H1 pullbacks H1 Timeframe – The wave 2 or wave B structure is forming an ABC pattern (red) – The current upward move is considered wave C of the corrective structure – At the moment, a short-term bullish momentum move on H1 may occur; however, if H1 momentum reverses upward from the oversold zone while price fails to create a new high, this will provide additional confirmation that wave 2 or wave B has been completed 3. Price Zones & Technical Confluence – Based on the Volume Profile, two high-liquidity zones have been identified, acting as strong resistance levels 4484 Zone – A high-liquidity area – Confluence with the 0.786 Fibonacci retracement of the previous 1–2–3–4–5 bearish wave 4521 Zone – A high-liquidity area – The target of the red wave C – Wave C has a length equal to 1.618 times wave A – These two zones are used as the primary Sell Zones 4. Trading Plan Scenario 1 – Sell Zone: 4484 – 4486 – SL: 4501 – TP1: 4445 – TP2: 4398 – TP3: 4348 Scenario 2 – Sell Zone: 4520 – 4522 – SL: 4540 – TP1: 4445 – TP2: 4398 – TP3: 4348
OANDA:XAUUSDShort
by WavePoint_FX
1
GOLD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD GOLD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
FOREXCOM:XAUUSDLong
by tradergyan01