BANK NIFTYBullish View On Last Q 50% Probability Direction was not clearby muhammediqbal1005Updated 1
Gold will continue to rise after correctionCurrently, central banks around the world are increasing their holdings of gold reserves, and market sentiment has reacted strongly to bullish factors. Even in the face of sharply negative non-agricultural data, CPI data, and hawkish statements from Federal Reserve officials, gold prices have remained strong. This shows that market sentiment has become indifferent to negative factors. As long as there is slightly positive data, it can promote a new round of rebound in gold prices. In such a market environment, operations need to insist on going long with the trend Judging from the 60-minute chart, the current 20-day moving average and the 50-day moving average have once again formed a golden cross shape, and the MACD indicator has once again formed a golden cross and is running above the 0 axis. Therefore, the rise will continue, and the main idea is to go long. However, it is not recommended to buy at high levels. The safest strategy is to go long at support levels. At present, we can pay great attention to the resistance range of 2370-2379. If the price falls back to this range, we can buy. The profit-taking range is expected to be in the 2315-2325 range.Longby winner-2004Updated 50
Usoil Order Block | SWING TRADEUsoil 1hr Order Block At this level we can see some Liquidty Pool. Take trade at after 8:30 PM. in 5 Min CHoCH. Follow For Daily Update. Note - Only for Education Purpose Longby PM_PatilUpdated 18
Ascending Triangle patternAscending Triangle pattern in Day Chart. BO of the chart may push the price to 87$Longby neethaarun2343
Gold continues to increase in price dramatically!Hi everybody! Gold just experienced a volatile day yesterday, falling sharply to $2,330 before quickly recovering to $2,392, recording a spectacular increase of $62 in a short time. This strong recovery further reinforces the sustainable appeal of gold in the current context. In a situation where inflation in the US is rising, the Federal Reserve's (Fed) ability to delay monetary policy changes has increased the strength of gold. Gold appears to be not only sustainable but also strong, despite uncertainties from US economic data. Despite the US dollar rising against other currencies and US bond yields staying high, gold still shows resilience. I am still very optimistic about gold's prospects, considering it a safe haven, especially in the context of geopolitical tensions in the Middle East continuing to heat up.Longby RKarinaUpdated 6619
Gold price is approaching the 2400 USD zoneAs the trading week ended, gold showed no signs of slowing down in its recovery, approaching the key $2,400 mark and posting an impressive daily gain of 1.04%, or 240 pips. Gold continues to benefit from strong market support, especially given the ongoing geopolitical tensions in the Middle East, which show no signs of easing. This confirms gold's status as a safe haven asset. In addition, expectations that major central banks will reduce interest rates later this year also contribute to strengthening the value of this precious metal. From a technical analysis perspective, if gold continues on its current trajectory, the next target according to the Fibonacci index is 2465 USD. In addition, the uptrend is also reinforced by the price movement above both EMA 34 and 89, bringing optimistic signals to investors.Longby RKarina1119
Silver looking Charminglooking really bullish if it breaks out and sustain above 30 then we can see the targets shown in the chart and I can see it may touch all time high this time after 2011 Get Ready for Big Move in the Silver Investment and Trading is Subject to market risk. take independent advice before investing or trading into it Longby Influitive_Capital0
gold all time break resistancehey there today we analyse the gold has broke all time high peak and contine rising upside so the gold has moved peak and will reach next support 2450Longby DvsTraderfirm3
Silver Shines Bright: Riding High Towards ₹1 Lakh Amidst Strong Technical Indicators and Outlook: Technical indicators suggest a strong momentum for silver, backed by positive Chinese service PMI data and a closely correlated movement with gold prices. The gold-silver ratio also offers insights into future price movements, making silver an attractive option for investors. Investment Advice: Given the favorable market conditions and strong fundamentals, investors are advised to consider adding silver to their portfolios, particularly on dips towards ₹82,849, which is preferred for fresh entry. The medium to long-term upside potential towards ₹1 lakh and beyond presents a compelling opportunity for investors seeking exposure to precious metals this year. Conclusion: In conclusion, the surge in silver prices, fueled by a myriad of factors including industrial demand, geopolitical tensions, and technical indicators, indicates a bullish outlook for the precious metal. Investors are urged to capitalize on this opportunity by considering silver as a valuable addition to their investment portfolios, with the potential for significant returns in the medium to long term.Longby rajeshtatineni852
Crude Oil Prices Surge Amid Middle East Tensions and Demand ForeTechnical analysis suggests that crude oil prices may find support at $84.40 and face resistance at $87.30, with similar levels identified for Crude oil MCX prices. A recommended trading strategy involves selling on any uptick around $86.20, with a target price of $85 and a stop-loss order placed above $87.30. This strategy aims to capitalize on short-term price movements amidst the prevailing geopolitical uncertainties and demand outlook. In conclusion, the current dynamics in the crude oil market reflect a delicate balance between geopolitical tensions, supply dynamics, and demand forecasts. Market participants are advised to remain vigilant and adapt their strategies accordingly in response to evolving developments.Shortby rajeshtatineni852
Apollo hospital future tradeApollo hospitals for positional trade. It has touched it's demand zone. We can see some buying from this area. Longby herbvatika0
Should You Buy or Sell Gold?The decision of whether to buy or sell gold depends on various factors, including investment goals, risk tolerance, and macroeconomic conditions. For short-term investors, it is advisable to carefully consider before purchasing gold as prices may experience significant volatility in a short period. Long-term investors may consider buying gold as a hedge against inflation and other economic risks. Important Notes: Gold prices provided here are for reference only and may vary depending on the time and location. Consult additional sources before making any gold buying or selling decisions. Additional Information: For more in-depth analysis and gold price forecasts, visit reputable financial news websites and consult with financial experts. Understand the risks involved in gold investments and only invest an amount you can afford to lose. Remember, gold prices are influenced by complex and unpredictable factors, and accurate forecasting is challenging. Make informed decisions based on your risk tolerance, investment goals, and thorough research.by Tradingshop0
Gap or Trap?Gap has been created in the chart. Gap analysis can reveal the phase of the trend, (beginning, middle or end). Runaway gaps are not filled immediately, showing the trend is in the middle phase. While exhaustion gaps are filled quickly, signaling the end or slowing down of trend. Gap will be filled it it retraces back to 67848 Additional it is important to know that: Exhaustion gaps are not guaranteed to be filled quickly, and some may persist. Runaway gaps can also fill eventually, but it takes longer compared to exhaustion gap. by Sumanyu_AggarwalUpdated 113
BankNifty to touch 50000!.When?48800 remains a strong resistance and the attempt to break has failed multiple times. The market is likely to make one more attempt to touch 50K before returning to 46000 Weekly Support: 47900 => 46650 Weekly Resistance: 48900 Trend: May Reverse to Bearish Strangles on April's second week and above contracts are better option strategies Disclaimer: Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. By Sathish Kavinchal SEBI Registered Research Analyst INH200007539 Longby SathishKavinchal1
perfect target hiti posted a idea tomorrow here is the result for more ideas follow my pageLongby aakbar98881
gold mcx or spor updte edu.pur.eyes on 70600 if hold abv than nxt up side 71300-500++++ laxman Rekha 71578 if stya abv or close abv 2 days than see 72700+++++ no if d but ---- yes spot abv 2350 stya abv or close 2 days 2390-2420++++++ yes no positional sell side abv lvl hold if--by kailashcfa33Updated 0
Bad times possibly ????Brent and Dollar near crucial weekly resistance. Any breakout could bring pain for Niftyby no-one-61
XAUUSD - Is the 2400 USD target possible?Hello dear friends! Yesterday, gold faced some challenges in the context of a stronger US dollar. However, it still remains a focal point of interest for international investors. After dropping to $2,330 per ounce, gold quickly rebounded within just 20 minutes, climbing back to around its previous price of $2,345 per ounce and stabilizing at around $2,331 at the time of writing. Investors seem unsurprised by the much stronger US dollar and the possibility of a delay by the Fed. Gold continues to be a safe haven amidst high inflation and the instability and turmoil of the global economy. It seems that the demand for gold will likely continue to rise unless inflation exceeds expectations. A more stable report could push the price of gold up to $2,400.by RKarinaUpdated 34
Crude Oil : Strong Uptrendcrude oil is consolidating and heading to 7450. If it closes above 7825 for more than 3 days it will head towards 10000. Put Stoploss on closing basis. (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 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.Longby maneeshaggarwal1
🔥GOLD STARTS CORRECTIONGold followed the pattern of big opening and closing after the U.S. market on Wednesday. After the CIP data was released, gold fell rapidly, hitting the 2319 line as low as possible. Then the market began to shift from extremely strong to weak. Judging from the trend of the 4-hour chart, this wave of adjustment of various indicators has just begun, so there is a high probability that yesterday's pullback has not been in place. If today's news is confirmed to be negative, the decline in segment C will begin. In terms of indicators, from the perspective of macd, the kinetic energy column at the daily level has begun to shrink, and the fast and slow lines are preparing to form a dead cross, while the 1-hour chart shows that it is already below the 0 axis, and is expected to form a further dead cross. Once the current gold breaks a new low, it will test the support of the 2300 integer mark in the future, and even a deep drop to 2270 is possible. The price of gold is currently showing a volatile downward trend. With the formation of the dead cross of the moving average, the momentum of the bulls has been significantly weakened. The target of the shorts today will be below 2319. The only thing to pay attention to is the support of the 2320 area below. If the price can successfully break through this level, the short sellers will accelerate their downward trend! On the whole, today's short-term operation of gold recommends mainly shorting on rebounds, supplemented by longs on callbacks. The top short-term focus will be on the 2342-2346 resistance range, and the bottom short-term focus will be on the 2300-2305 support range.by JackBlackwellUpdated 22
GOLD IN CORRECTIONNow we got 4h high which is using my method... Already our 2 sell entry running profit also we found 2 sell zone 1st sell limit 2254-2257 sl 2259 (need 1m or 5m confirmation then entry it else wait for 2nd zone) tp 2252 tp 2249 tp 2244 buy zones are the tp4 and tp 5 In 4hrs we found 2 buy zone 1st buy zone 2201-2192 (we need 15M confirmation to take entry) 2nd buy zone 2167-2156(extreme buy zone no need to confirm)...which is in linked analysis 2nd sell limit 2261-2264 sl 2267 tp 2259 tp 2256 tp 2251 buy zones are the tp4 and tp5 In 4hrs we found 2 buy zone 1st buy zone 2201-2192 (we need 15M confirmation to take entry) 2nd buy zone 2167-2156(extreme buy zone no need to confirm)...which is in linked analysis NOTES: EDUCATIONAL PURPOSE ONLY Shortby FIVE_WOLVESUpdated 8
Gold is set to fall in the short termThis week, gold turned negative after experiencing three consecutive positives, leaving a long lower shadow. Although there have been many negative factors this week, such as last week's non-agricultural data, gold prices can end up bottoming out and rising every time, and this time is no exception. After stabilizing at 2320, the price of gold bottomed out again and rebounded, and showed a volatile upward trend after the opening of this trading day. Overall, the current price trend remains strong. Although there has been a correction due to pressure from the news, this is only part of the continuation of the strength. The continuation of any trend requires secondary rhythm to assist, and the callback is to prepare for the subsequent continuation. Therefore, we can regard this adjustment as a better rise for the market outlook. Judging from the 60-minute chart, the 20-day moving average is currently crossing downwards through the 50-day moving average to form a dead cross pattern, and the MACD value has fallen below the 0 axis. These indicators indicate that gold will continue to fall in the short term. At the top, focus on the resistance range of 2340-2347. If the price rebounds to this range, you can short the position. If the price breaks through 2352, you need to stop the loss. Below, focus on the 2300-2310 resistance range. If the price falls to this range, you can go long with light positions. by winner-2004Updated 3