Gold took exact rejection from supply zone Gold has taken rejection from supply zone , We are targeting demand zone as target in sell side.
Futures market
Prices in uptrend.. check Positive deltaas we can see prices in consolidation but the slope of the prices and positive deltas are in increasing slope and negative deltas are in higher price positions that means sellers are yet not active and buyers are in power and controlling the markets and taking markets higher than lower days.
crude oil zone to zone Crude oil firwst taken rejection from suppl zone and reach the target of demand Zone .
From Demand Zone taken rejection and reach supply zone .
Zone to zone trading done .
exact rejection on both the zones on smaller time frame.
gold in buy trend but little w8 for entrygold buy in charts and little w8 for buy gold so w8 for breakout and volume candle than we enter or risky traders can buy on current cmp.
Silver bullish Trend and only buy Dear all.. thanks for join,
see silver chart price may be and probable to go upside so stay hold your loan positions in silver and enjoy 5000 points rally in this chart.. so buy here or buy with bullish green candle.
(Thursday) Gold analysis: 2645-2650 is oscillating(Thursday) Gold analysis: 2645-2650 is oscillating
As shown in the figure:
Four-hour cycle: 2620-2660 is still the current oscillation range
Oscillating center: 2645 (ray A: the most effective pressure line at present)
After the trend adjustment on Wednesday: Gold currently stands at 2645, and oscillates in a narrow range of 2645-2650.
Oscillating space: There is a high probability of a new trend around 2645 today (yellow circle: the current convergent oscillation range, there is not much area, which means that a new trend is about to break out, we continue to wait)
The current trend of gold is converging and oscillating around 2645-2650. Still focus on: the trend performance around 2645
Strategy:
-------------------------
Long-term thinking:
Bottom support: 2645
Breaking pressure: 2655-2660
Upward target: 2660-2680
-----------------------------------------
Short-term thinking:
Top pressure: 2650
Breaking support: 2645-2635
Downward target: 2630-2620-2600-2580
Today's gold thinking: At present, the market has no clear direction for fundamentals. Focus on the trend of the European market, combined with the US market data, and treat it with a low-long thinking.
Fundamentals: (Gold is about to explode this week, so be sure to do a good job of risk control)
Is it weird? Fed officials have repeatedly released "hawkish" but the probability of a rate cut in December is still rising!
Before the December resolution, the US official will also release two heavyweight economic data - the November non-farm payrolls data this Friday and the November CPI data next Wednesday. As Powell failed to give a clear signal on whether to cut interest rates in December overnight, the performance of these two data may ultimately determine the direction of the Fed's decision-making at that time.
On Thursday, December 5, in the early Asian session, spot gold showed a narrow range of fluctuations and is currently trading around $2,649. Gold prices rose slightly on Wednesday, closing at around $2,649. Previous data showed that private employment in the United States achieved moderate growth last month, while investors digested the speech of Federal Reserve Chairman Powell and looked forward to Friday's non-farm payrolls report.
Combined with the daily and hourly chart structures, it is likely that gold will temporarily fluctuate today and tomorrow. However, the upper pressure is also very obvious. Considering that the future market focus will shift to the expectation of a temporary interest rate cut in December, gold will still face a great demand for adjustment.
Brent Crude Breakout possibleHello Everyone,
Brent crude price 72.60 breakout possibel above resitance strong momentum till 75,77,80 RSI having strength,volume is concern waiting for either side break is good but overall bullish set up with Awesome ocsillator.
USOILHow to potentially make 700-800 pips it starts off by giving a real top down analysis and from there things begins to unfold
USOILHow to potentially make 700-800 pips it starts off by giving a real top down analysis and from there things begins to unfold
Gold Trend Forecast for New Day (December 5) – Rebounds to 2666 🔽Gold prices rose on Wednesday (December 4), after data showed the number of jobs created by the US private sector increased at a moderate pace last month, ahead of a speech by the US Federal Reserve Chairman Jerome Powell later in the day and the official jobs report on December 6.
🔽The ADP report showed that the US private sector created 146,000 jobs last month, slightly lower than the forecast of 150,000 jobs increase from economists participating in a Reuters poll.
🔽Gold is seeing a weak reaction today, with a stronger-than-expected impact from the upcoming official US jobs report and if the data shows a weakening number of jobs, that will support gold prices.
🔽Gold seems to be finding strong resistance at 2630
Note: Currently Gold is completely following fundamental news Especially US economic news! Bad News Gold Rises! Good News Gold is down
🔽Currently, Gold has broken 2655 and has a Closed closing level around 2650 and is the second consecutive day that Gold has closed higher than the previous day, so today Kevin will prioritize following Buy Gold
🥰Trading plan:
🔼 Buy Gold: 2636x – 2634x
SL: 2630
Tp: 2644 - 2653 – 2688 – 2720
🔽 Sell Gold: 2663x – 2665x
SL: 2668
TP: 2678- 2665
🫶Note: Set SL tightly for each order, the financial market is full of risks, if you do not set SL, do not place an order.
🫶Wishing everyone a happy and joyful Thursday 🫶
XAUUSDAfter a sweep of Tuesday Low, it has created a strong Bullish OB with a iFVG inside.
Currently expecting the market to move below the IPDA, taking out the Asian Low and then move higher into the ERL-PDH.
Entry from the iFVG.
Nifty Intraday Levels | 5-DEC-2024Nifty Options Scalping
1️⃣ Zones to Watch:
👉Green Zone: Institutional support
👉Red Zone: Institutional resistance
👉Gap: 100-200 points between zones
👉Zone Creation: Based on pivot points and Fibonacci
👉Chart: Use Nifty futures chart for reference
2️⃣ Trade Execution:
👉Order Flow: Triggers trades
👉Timeframes: 1-min & 5-min for scalping
👉Risk-Reward: 1:2 (Risk 1 to gain 2)
👉Strike Price: ATM or slightly ITM options
👉Position Sizing: Adjust to risk tolerance
3️⃣ Rules:
👉9:15 AM Sharp: Ready for market open
👉Risk Management: Top priority
👉Quick Trades: "Morning breakfast" scalps
👉Stop-Loss: 10 points
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏 FOLLOW for more content!
👍 LIKE if you found it useful!
✍️ COMMENT below with your thoughts and feedback
Gold (XAU/USD) !! Bears are Getting Ready.How's the Josh traders??
So Gold,
Many of them are Bullish and the shorter time frame charts are showing a bullish stance.
BUT !! My Analysis Seems Different.
On the chart in Daily time frame we can clearly se Price is taking resistance near 0.618% & 0.786% of Fibonacci levels, May be I am Wrong.... but i am considering it as Impulse wave 3(Elliot Wave theory) so if i am right then wave 5 is also pending and price may move further more downwards.
AS PER MY ANALYSIS, I AM INITIATING SHORT POSITION.
SHORT GOLD
SL : HIGH OF FIBONACCI RETRACEMENT OF 0.786%
TARGET : 2366/2109
NOTE : THIS IS FOR EDUCATIONAL PURPOSE PLEASE REFER TO YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADE.
HAVE A GOOD DAY TRADERS.
Crude oil has taken perfect rejectioncrude oil has taken perfect rejection from supply zone and now heading towards demand zone .. zone to zone trading.
Taken sell side tradeobserved the price rejection at supply zone on smaller time frame. took sell side entry keeping sl above the zone and target as Demand Zone . I dont take random trades. I trade only when price reaches a key zone .
GOLDGold Spot looking good to trade Bullish BAT pattern with resistance of 2650.52, RSI also in weak zone. PRZ will be 2637.63.
Copper buy given at 805 made high 824 now sell below 813 onlyDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude buy near support sell near resistance levels on chart Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver near resistance on comex sell on rise today Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver after break 31.06 gives good upside, now at resistance Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold sell on rise sell near resistance levels on chartDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold XAUUSD still sell on rise near resistance area on chartDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2 %)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
