XAUUSD probable bullish trend analysisGold is showing bullish in higher timeframe. It is grabbing liquidity around 2330 -2345 zone and hovering around 61.8% Fibo retracement Should go higher post a little hurdle. Longby santanuj115
GOLD 1 Hour Levels and Zone #Market #IndianMarket #Option'sTopic -GOLD 1 Hour Levels and Zone How To Become a Professional Trader : Learn the trading basics. ... Learn the advanced basics. ... Develop trading systems and techniques. ... Gain trading experience. ... Consider paper trading. ... Choose a reliable broker. ... Learn to focus. ... Understand risk managementLongby TrendTalk48
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 3310
Silver Technical Analysis 23 - 24 May - MCXChart Pattern: Bullish Cup and Handle (Forming) Upside Potential: Target 1: Above 73,000 (Long-term bullish potential if the cup and handle pattern breaks upwards decisively) Downside Risk: Support 1: 90,600 Key support level) Target 2: 87,750 (If price breaks below support 1 and invalidates the cup and handle formation) Analysis: #Silver is currently exhibiting a bullish cup and handle chart pattern (if forming). This pattern suggests a potential breakout and continuation of the uptrend if the price decisively breaks above the rim of the cup. A break above 73,000 would be a significant bullish signal, indicating potential for further price appreciation in the long term. However, if the price fails to hold above 90,600 (support 1) and breaks below this level, it could invalidate the cup and handle pattern and suggest a potential downside correction. The target for this correction would be 87,750. Overall: The current technical outlook for silver is cautiously optimistic. The cup and handle pattern suggests potential for upside, but a break below key support could indicate a short-term correction. Note: This analysis is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions. #gold #Silvermini #Crudeoil #naturalgas Shortby Shalvisharma5114
Silver Comex sell given at 31.65 now at 30.25 , next 29.65, 29.1On 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 JaiPrakashShuklaHarmonicTrader112
GOLD NEXT MOVE (trend continuation; mild correction)(24-05-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (24-05-2024) Current price- 2340 "if Price stay below 2355, then next target is 2325 and 2310 and above that 2365. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddi1135
🔥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 17
GOLD NEXT MOVE (little correction, then bullish ) (22-05-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (22-05-2024) Current price- 2408 "if Price stay above 2390, then next target is 2418 and 2430 and below that 2380. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 11111
GOLD NEXT MOVE (bulls are cheering) (20-05-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (20-05-2024) Current price- 2338 "if Price stay below 2455, then next target is 2422 and 2408 and above that 2470. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 11111
Natural Gas MCX Future Intraday Technical Chart Analysis 23 May📈 NG MCX Future Technical Chart Analysis 📆 Intraday Technical Analysis for 23/05/2024: 📈 Buy Above: 228.89 💼 Average At: 226.70 🎯 Buy Target 1: 245.69 🎯 Buy Target 2: 252.80 🛑 Buyer Stoploss: 222.69 💰 Sale Below: 224.51 💼 Average At: 226.70 💼 Sale Target 1: 222.71 💼 Sale Target 2: 230.71 🛑 Seller Stoploss: 230.71 ✨ Don't forget to reciprocate your love by boosting, following, and responding. Your actions fuel my efforts to do even better for you! 🚀❤️ #NaturalGas #NGMCX #MCX #MCXTrading #CommodityTrading #NaturalGasFutures #MarketAnalysis #TechnicalAnalysis #TradingStrategyby NumroTrader3
WTI Crude OIL testing STRONG support zoneWTI Crude OIL testing STRONG support zone. It should break below the support and go up.Longby santanuj115
GOLD NEXT MOVE (WAITING FOR PERFECT ENTRY) (16-05-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (16-05-2024) Current price- 2384 "if Price stay above 2372, then next target is 2395 and 2410 and below that 2355. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 1111130
xau/usd trade analysis for upcoming weekmarket maker sell model Orignal consolidation done after Lrb done and price goes into SMR phase after its completed LRs done and now retest and need to take sell side liquidity down complete.by Harsh81882
GOLD NEXT MOVE (waiting for confirm entry) (21-05-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (21-05-2024) Current price- 2424 "if Price stay below 2438, then next target is 2414 and 2404 and above that 2450. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 66104
XAUUSD LongFOREXCOM:XAUUSD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied... Keep trading Hustle hard Markets can be Unpredictable, research before trading. Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!Longby PhinicsUpdated 10
May 24th GOLD ANALYSISOn May 24th, the price of gold continues to show a downward trend. This analysis focuses on the one-hour timeframe, utilizing the 200 EMA (Exponential Moving Average) to guide our trading strategy. Technical Analysis Trend Analysis: Overall Trend: The price of gold is in a bearish trend, continuing to decline over recent sessions. 200 EMA as Resistance: The 200 EMA on the one-hour chart is acting as a resistance level. This indicates that any upward movements are likely to face selling pressure around this average. Entry Strategy: Sell Zone: We have identified the sell zone between 2347 and 2350. This range is chosen because it aligns with the 200 EMA resistance level on the one-hour chart. Entry Point: Plan to initiate sell orders when the price enters this zone. This ensures that we are selling at a potential peak before the price resumes its downward trend. Risk Management: Stop Loss: A stop loss of 50 pips is set to manage risk. This means that if the price moves against us by 50 pips, the trade will be automatically closed to prevent further losses. Stop Loss Placement: Place the stop loss 50 pips above the entry point, ensuring that it is outside the typical noise level and minor fluctuations of the market. Market Conditions and Factors Economic Indicators: Keep an eye on economic indicators and news that might impact gold prices. For instance, reports on inflation, interest rates, and geopolitical events can cause significant price movements. Market Sentiment: Sentiment analysis through news and financial reports can give additional context on whether the bearish trend might continue or reverse. Conclusion The plan to sell gold at the EMA 200 on the one-hour timeframe within the sell zone of 2347 - 2350, with a stop loss of 50 pips, is a strategic approach given the current downward trend. This method aims to capitalize on the resistance provided by the EMA 200 while managing risk effectively through a tight stop loss. By adhering to this plan, we aim to profit from the continuation of the bearish trend while safeguarding against unexpected market reversals. As always, it's crucial to monitor market conditions continuously and adjust strategies as necessary.Shortby TradingGuruTop1
Nifty Institutional levels | Intraday 24-May-2024 | 9:17 ISTSoon i will give update on how to use this IT levels in Options Trading. Disclaimer:- The information provided by our advisory service is for educational and informational purposes only. We do not provide investment, financial, or legal advice. Trading and investing involve risks, and past performance is not indicative of future results. Any decision to engage in trading or investment activities is at the sole discretion and risk of the individual. We strongly recommend consulting with a qualified financial advisor or professional before making any investment decisions. We do not guarantee the accuracy, completeness, or reliability of any information provided, and we disclaim any liability for any loss or damage arising from reliance on the information provided. Users are solely responsible for their own investment decisions and actions and off course we are not SEBI registered.by ReviveTraders1
Gold XAUUSD sell given at 2420 , 80 points profit 2315, 2307 nxtOn 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
Natural gasAll detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions SL 1Hr candle close only, Target Trigger Price Shortby BUY_TODAY_TamilUpdated 116
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 $2,270.by MTradingGlobal1
Bullish movement in silverInverse head and shoulder pattern visible in silver . Slight price are coming down for testing support . According to techncals one should buy near 30$ for atlesdt 10% targetLongby accurateDirect885251
Crude still there is no buy signal we are holding sell from 6645On 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
Banknifty Future All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions SL 1Hr candle close only, Target Trigger Price Longby BUY_TODAY_TamilUpdated 4