Gold Bullish Flag Pattern Breakout - Final Target $2458/oz Gold broke out of Bullish flag pattern and going for new targets. First target is 2075 and final target is 2458. These are long term monthly targets. Longby Sandeepk31Updated 6
Rally delayed.. ?Possible Scenarios and Levels to watch for in coming days.. 2350 if respected, more Bullishness is possible If broken, then 2300 zone will be next zone to provide some support. Which again if respected, then consolidation may continue. If 2300 also broken, then Decent selling will be more aggressive. Where By 2250 2200 2150 could be tested. by DrAnandMUpdated 5514
BANK NIFTYVolatility range 49927 -47063. On fall and close below 47063 can show effects of negative divergence. Overall, for near term must hold 47063. Currently underperformance to NF is visible on relative terms. Further sustained breakout and close above 49927 is essential for upside momentum. Critical support 47063 needs to be held for volatility or consolidation.by hitendravasudeo1
🔥GOLD TREND ANALYSIS ON MAY 24💲 This week, gold surged and fell after opening on Monday, and then fell all the way, which was in line with our expectations. After rebounding to the 2383 line yesterday, it fell under pressure and continued to fall after breaking 2350, eliminating the previous signs of rebound, and the lowest reached 2327. In the weak market, the daily line finally closed with a large negative column at a low level. At present, the gold price is trading below the middle track of the Bollinger Band, and the 5-day and 10-day moving averages are glued downward, forming a sign of a dead cross, indicating that the gold price has a chance to fall further. On the 4-hour chart, the continuous negative trend shows a weak downward trend, but the pattern has not completely stopped falling. This wave of decline may be presented in the form of a slow decline. The Bollinger Bands open downward, the moving averages are arranged downward, the MACD indicator crosses at a low level, the green column potential begins to shrink, and the overall technical indicator structure is bearish. For two consecutive trading days, the overall price has experienced a unilateral short-term decline, breaking the 2400-point integer mark in the short term, and the weakening trend is obvious. The double top resistance above the daily level 2440 is effective, and the unilateral downward channel is opened. Today's short-term resistance focuses on the high point of yesterday morning at 2350. The intraday rebound relies on this position to continue to fall back with the main short position, and the lower target is to break the bottom. The short-term long-short strength and weakness watershed focuses on the 2370 position. Before the daily level breaks through and stands on this position, any rebound is a short-selling opportunity, and the main tone of participating in the trend is maintained. On the whole, today's short-term gold operation advice is to mainly go short on rebounds, supplemented by longs on callbacks. The upper short-term focus is on the 2352-2355 resistance range, and the lower short-term focus is on the 2326-2303 support range.by MasterGoldTraderUpdated 38
Gold profit booked , sold at 74100 booked at 71300In last 3 days we get massive profit Copper 71 points profit, Sold at 937 booked at 893 , again buy at 885 booked at 902. Again sold at 893 booked at 883 Gold Sold at 74100 , profit booked at 71400 , 2700 points profit Silver sold at 94000 , profit booked at 90300 , 3700 points profit Crude Sold at 6650 , booked at 6350 300 points profit On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader1
Silver profit booked , sold at 94000. Booked at 90300 In last 3 days we get massive profit Copper 71 points profit, Sold at 937 booked at 893 , again buy at 885 booked at 902. Again sold at 893 booked at 883 Gold Sold at 74100 , profit booked at 71400 , 2700 points profit Silver sold at 94000 , profit booked at 90300 , 3700 points profit Crude Sold at 6650 , booked at 6350 300 points profit On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
Copper book profit now , sold at 937 cmp 883 In last 3 days we get massive profit Copper 71 points profit, Sold at 937 booked at 893 , again buy at 885 booked at 902. Again sold at 893 booked at 883 Gold Sold at 74100 , profit booked at 71400 , 2700 points profit Silver sold at 94000 , profit booked at 90300 , 3700 points profit Crude Sold at 6650 , booked at 6350 300 points profit On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
XauUsd the next target could be around the 2,312Based on the 1-hour chart for Gold (XAU/USD), here are some observations and analysis: Triangle Pattern : The chart shows a symmetrical triangle pattern, which is a continuation pattern. The price is currently at the lower boundary of the triangle, suggesting a potential breakout to the downside. Fibonacci Retracement Levels : The Fibonacci retracement levels are drawn from the recent high to the recent low. The price is currently around the 0.786 retracement level (2,334.88), which is a significant support level. A break below this level could confirm the bearish trend. Order Block : There is an order block around the 2,312 level, which could act as a significant support zone if the price breaks below the triangle pattern. Target : If the price breaks below the triangle pattern and the 0.786 Fibonacci level, the next target could be around the 2,312 level Key Levels to Watch: Support: 2,334.88 (0.786 Fibonacci level), 2,325.33 (recent low), 2,312 (order block) Resistance: 2,342.38 (0.618 Fibonacci level), 2,347.64 (0.5 Fibonacci level), 2,352.91 (0.382 Fibonacci level) by arshsetiaa0
Silver sold at 94000 CMP 90450 tagt 89900 ,89080,,88100 ,87400, On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader1
Silver Comex sold at 31.65 cmp 30.33 Target 29.50 , 29.25 , 28.9On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader5
Gold Sold at 74100 , CMP 71300 Target 7100-70800 , 70000 ,69450On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
XAUUSD sold at 2420 CMP 2333 Target 2315 , 2270-2267 , 2240-2235On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader1
Copper sold from 937 CMP 883 , next tgt 876 , 860 -857 , 837-834On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
A short Entry in XAU-USD chartsAfter the offset of Bears in the rally we started to see a good Buying Candle with the start of Asian markets on Friday around 6A.M(IST) i.e UTC+5:30. From the counters we can see a good Bull run till we don't cross 2350 levels and from there the rally can continue. My entry and exits have been described in the video with the TP. hope you can plan accordinglyLong04:16by kaustubhkokateUpdated 223
Oil turnaround to upside ?Recent developments in the US oil market have sparked optimism among analysts, as prices appear to be finding solid support on a macro trendline when viewed on a weekly timeframe. This suggests that after a period of volatility, oil might be gearing up for upmove.It might check the levels to upside from here with targets of 80,82,84 above.by rakeshreddymUpdated 2215
CRUDOILE IMPORANT LEVEL FOR COMING SESSION 24-05-2024We can see selling pressure on chart on crudeoil. AS it has broken Head n Shoulder pattern also major support line. Now Fibonacci level crucial support and Gann Fann line could act as reversal point for coming session. Till Any news can drive it up strongly. Play Safe :)by FNOSURE4
XAUUSD on May 23 2024 fluctuated strongly after the Fed meeting?Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone. Financial freedom is true freedom. Yesterday the Fed meeting with its published content showed - The data shows that commodity prices have increased significantly recently, which indicates that inflation is increasing. - Fed says inflation may take longer to fall - The current federal funds rate is enough to slow US economic activity and reduce inflation With such announcements, it appears that the prospect of interest rate cuts expected by the Fed this year may be changed. When this information was announced yesterday, it immediately pushed gold prices down sharply yesterday session to 2370. Look at H1 - Wave c is the last corrective wave of the abc corrective wave, the structure of wave c includes 5 small waves - The strong and sharp price decrease last night can be said to be wave 3 in wave c being formed. - We expect that the expected target of wave 3 is level 2365 and level 2345 - Then there could be a small correction to complete wave 4 before continuing to complete wave 5 as well as wave c of the correction. - We observe the formation of wave 4 ending to determine the target of wave 5 as well as wave c of the correction Trading plan We continue to observe the completion of wave 3 and wait for the end of wave 4 to determine the target of wave 5 to buy. Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later. Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.by DEEKOPUpdated 3
Market Maker Sell ModelOil Price is in its last stage of a Market Maker Sell Model on a 1H timeframe. It is likely headed lower to $75.50, where there are Relative Equal Lows on a Daily Chart right above a Daily Balanced Price RangeShortby I_AM_ICT_KA_CHELA0
silver gold zinc update blw edu pur.silve rstya blw 94000 looks dwn fall 93200-92800 where hrdel 94500 -- zinc blw 272.50 looks dwn fall or gold stya bwl 73800 some dwn side correction possible by kailashcfa33Updated 3
nifty index views edu pur.nifty stya abv 22680 loks up side move 22750--770 or if stya abv or lose 22779 thna expect 22910--23000 expct buy on dips good way with tight sl 22550Longby kailashcfa33Updated 3
acc cment or adani port weekly breakout edu pur.acc as per weekly chart rsi breakout analysis--- abv 2660 or close 2 days thna nxt up side 2800-3000 possible where support 2550 only blw expect dwn side ... adani post weekly breakout waiting abv 1450 stya abv or close abv 2 days than expect up side 1520--1700 no if and but. more lvl stya tuned with usby kailashcfa330
Gold braces for biggest weekly loss of 2024, focus on $2,270Gold licks its wounds at the lowest level in a fortnight after falling in the last three consecutive days. With this, the precious metal becomes vulnerable to post the biggest weekly fall since late September 2023. The downside bias takes clues from a clear break of a nine-week-old support line, now immediate resistance near $2,340, as well as the bearish MACD signals and steady RSI. With this, the spot Gold price (XAUUSD) is likely to drop toward the 50-SMA support of $2,309. However, an ascending trend line from early April, close to $2,294 at the latest, will challenge the bullion bears afterward. It’s worth noting that a 3.5-month-old rising support line near $2,270 acts as the final defense of the buyers, a break of which will not hesitate to welcome the bears targeting the $2,200 threshold. On the contrary, the Gold buyers need validation from the $2,340 support-turned-resistance to retake control. Even so, the 10-SMA hurdle of $2,375 and the $2,400 psychological magent will challenge the XAUUSD bulls afterward. In a case where the precious metal remains firmer past $2,400, the $2,430 and the $2,450 should allow the bulls to take a breather before pushing them toward the $2,500 round figure. Overall, the Gold price is likely to witness a short-term downside but remains in the bullish trend unless declining below $2,270.by MTradingGlobal2
united spirits fut Trading and consolidating near important support of rising channel acculate in range 1100-1200 with major support 1100 on weekly closing . probability of breakout of 3 month consolidation channel and movement towards 1400-1500 in next 3-4 month are high . this are my personal views i might me wrong to .by deepshah19820