Motherson Suni LongMotherson trend line break out in higher time frame. May achieve 170 then 250Longby ajitphy330
🔥GOLD REMAINS BEARISH NEXT WEEK💲 The spot gold market had a wild ride over the past week, with fluctuations reaching nearly $125, and ended the week with a huge drop. Although central bank buying and strong Asian demand created a long-term upward trend for spot gold, the uncertainty surrounding the Federal Reserve's monetary policy Uncertainty continues to generate huge short-term swings. The weakening of interest rate cut expectations and the increased possibility of interest rate hikes have strengthened the US dollar, and gold has fallen by as much as $81 under pressure, closing the weekly line with a long negative line, ending two consecutive positive lines. The slight rebound on Friday actually verified what we said before. Compared with the short-selling pattern, after a sharp decline, a short-term slight rebound and sideways trading is still a short-selling repair, and the idea of shorting remains unchanged after the rebound. Next week, gold is still expected to continue to fall. The end of this wave of decline is at 2300, or it may be at 2280, and then the ultimate surge will begin. This turning signal must be followed. This is also the best profit opportunity this year. At present, the gold price is still running below the 4-hour middle track, and the upper resistance is around 2346-2347. The high point of the daily cycle rebound on Friday is the daily Bollinger band middle track pressure level. After touching it, the gold price plummeted. Gold's 1-hour moving average is still in a downward bearish position, and there is no sign of a turning point, so the bearish idea below 2347 next week remains unchanged. On the whole, the short-term operation of gold next week suggests that the rebound will be mainly short, and the pullback will be supplemented by long. The top short-term focus will be on the 2347-2352 resistance range, and the bottom short-term focus will be on the 2303-2300 support range.by MasterGoldTraderUpdated 1139
XauUsd buy 15M15support area... So Buy SL maintain. Support resistance bass trading plan. Happy Trading. Thank you.Longby Tamiltry114
FinniftyWe had a very good movement today. Trend deciding level/zone is 21900 and price is taking support from it. Buy above 22020 with the stop loss of 21980 for the targets 22060, 22100, 22160 and 22200. Sell below 21880 with the stop loss of 21920 for the targets 21840, 21800, 21760 and 21720. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.by vanathi7
XAUUSD May 27, 2024 gold's reaction after a sharp declineWith investors' expectations of interest rate cuts in the market increasingly decreasing, especially when statements from Fed members last week all hinted that there will be no plans to cut interest rates in the near future. This interest rate causes the expectation to buy gold to decrease, leading to a weak demand for accessing the market. Looking at H1 last weekend, we witnessed a strong decline according to the Elliot wave principle. This strong decline may be a characteristic of wave 3 of wave c in the abc correction wave as shown on the chart. - Currently the price is in a recovery phase and this could be wave 4. We measure the target of wave 4 ending at the price range 2351-2355 - Then the price continues to decrease to complete wave 5 as well as wave c, then we have the target price area of this wave 5 at 2322.7 or 2311.5 Trading plan - We can sell at area 2351-2355 when candlestick reversal signals appear in this area. - We can buy in 2 areas 2322.7 and 2311.5 when candlestick reversal signals appear in this area 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. Shortby DEEKOPUpdated 4
Nifty future we are holding sell trade for tomorrowOn 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 JaiPrakashShuklaHarmonicTrader4
Silver starts wave iii of III to higher levelsSilver has been on fire recently and it took support at the 3 year high setting the stage a sustainable bullish trend longer termLongby indiacharts3
Natural Gas MCX Future Weekly Technical Analysis 27-31 May📈 NG MCX Future Technical Chart Analysis 📆 Weekly Levels for 27-31 May, 2024: 📊 Weekly Movement Point: 213.00 📉 Weekly Probable Range: 32.50 📈 Buy Above: 231.19 💼 Average At: 227.35 🎯 Buy Target 1: 233.09 🎯 Buy Target 2: 245.50 🛑 Buyer Stoploss: 220.36 💰 Sale Below: 223.51 🎯 Sale Target 1: 192.91 🎯 Sale Target 2: 180.50 🛑 Seller Stoploss: 234.34 ✨ Don't forget to reciprocate your love by boosting, following, and responding. Your actions fuel my efforts to do even better for you! 🚀❤️ #NaturalGas #NG #NGMCX #MCX #MCXTrading #NaturalGasFutures #CommodityTrading #MarketAnalysis #TechnicalAnalysis #TradingStrategyby NumroTrader5
Silver MCX we are holding buy trade from 91600-700 Target 92350On 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 JaiPrakashShuklaHarmonicTrader2
Nifty Levels | 27-May-2024Disclaimer:- 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 ReviveTraders3
GOLD NOT TO BE SOLDGOLD getting more Brighter. Looks good for long in Parabolic uptrend pattern. Tgts expected (Short to longterm) Tgt 1 : 2413± Tgt 2 : 2514± Tgt 3 : 2973± Can be accumulated till 2250. Closing below in 2200, will break the Parabolic trend and makes it weaker. Shared it for EDUCATIONAL / REFERENCE PURPOSE based on chart pattern and My STUDY. Do your analysis from your side too. This is not a BUY or SELL RECOMMENDATION.Longby senthilkumar19762
Gold directionless as of now..2335 to 2290 Is going to be a Crucial Zone. If Respected, 2 Possible Scenarios Green - 2466 Zone could be tested Yellow - Some more consolidation before the Next Lower Low around 2170 If Broken 1 Possible Scenario Red - 2220 Zone could be tested.by DrAnandM6
Silver MCX Future Weekly Chart Technical Analysis 27-31 May📈 Silver MCX Future Technical Chart Analysis 📆 Weekly Levels for 27-31 May, 2024: 📊 Weekly Movement Point: 90548 📉 Weekly Probable Range: 5700 Point 📈 Buy Above: 93773 💼 Average At: 93100 🎯 Buy Target 1: 94071 🎯 Buy Target 2: 96248 🛑 Buyer Stoploss: 91873 💰 Sale Below: 92427 🎯 Sale Target 1: 87025 🎯 Sale Target 2: 84848 🛑 Seller Stoploss: 94327 ✨ Don't forget to reciprocate your love by boosting, following, and responding. Your actions fuel my efforts to do even better for you! 🚀❤️ #Silver #SilverMCX #MCX #MCXTrading #SilverFutures #CommodityTrading #MarketAnalysis #TechnicalAnalysis #TradingStrategyby NumroTrader3
Crude Oil MCX Future Weekly Technical Analysis 27-31 May📈 Crude Oil MCX Future Technical Chart Analysis 📆 Weekly Levels for 27-31 May, 2024: 📊 Weekly Movement Point: 6471 📉 Weekly Range: 376 📈 Buy Above: 6577 💼 Average At: 6533 🎯 Buy Target 1: 6703 🎯 Buy Target 2: 6847 🛑 Buyer Stoploss: 6452 💰 Sale Below: 6489 🎯 Sale Target 1: 6239 🎯 Sale Target 2: 6095 🛑 Seller Stoploss: 6614 ✨ Don't forget to reciprocate your love by boosting, following, and responding. Your actions fuel my efforts to do even better for you! 🚀❤️ #CrudeOil #CrudeOilMCX #MCX #MCXTrading #CommodityTrading #CrudeOilFutures #MarketAnalysis #TechnicalAnalysis #TradingStrategyby NumroTrader2
Gold MCX Future Weekly Technical Chart Analysis 27-31 May, 2024📈 Gold MCX Future Technical Chart Analysis 📆 Weekly Levels for 27-31 May, 2024 📊 Weekly Movement Point: 71256 📉 Weekly Probable Range: 3231 📈 Buy Above: 73208 💼 Average At: 72827 🎯 Buy Target 1: 73253 🎯 Buy Target 2: 74487 🛑 Buyer Stoploss: 72131 💰 Sale Below: 72445 🎯 Sale Target 1: 69259 🎯 Sale Target 2: 68025 🛑 Seller Stoploss: 73522 ✨ Don't forget to reciprocate your love by boosting, following, and responding. Your actions fuel my efforts to do even better for you! 🚀❤️ #Gold #GoldMCX #MCX #MCXTrading #GoldFutures #CommodityTrading #MarketAnalysis #TechnicalAnalysis #TradingStrategyby NumroTrader2
Consolidation of 109 days coming to an EndLUPIN has been in Consolidation for 109 days now . Giant Green Candle Coming in this Longby Enoonmai1
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 119
XAUUSDMULTI TIME FRAME ANALYSISHello 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 price action 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. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.Longby okako_trading1
XAUUSD Trading plan for the week of May 4, 2024Looking at chart D, we see that with the current price level, the candle has not yet closed above 2430, so we will have 2 plans for next week. Last week we saw Information that the Fed still has no plans to cut interest rates and even extends the expected time to reduce interest rates is continuously given by Fed officials. This creates concern that the USD will not weaken, so in the weekend sessions, gold price had a strong adjustment from 2450 to 2332 in the last 2 sessions of the week. This week we pay attention to two important news: Prelim GDP q/q, Unemployment Claims and Core PCE Price Index m/m With the forecast decrease in GDP and increase in Unemployment Claims, it is showing the consequences of the tightening economy. Besides, the news of Core PCE Price Index m/m decreasing is a very good sign to help the Fed have monetary plans. currency to run a stable economic development. But we still have to wait for the actual data to be released and it will affect the trend this week. Looking at chart D, we see that with the current price level, the candle has not yet closed above 2430, so we will have 2 plans for next week. First plan - According to the Elliot principle, wave 4 has completed and now the gold price is in wave 5 and this wave 5 is confirmed when the candle closes above 2430. - Wave 5 will include 5 small waves i ii iii iv v - Currently, the price correction last weekend has completed wave i and is preparing to complete wave ii to start wave iii - Looking at the Weekly frame momentum indicator, this indicator has reversed in the oversold area combined with the daily frame momentum as shown on the chart, we see that the momentum has approached the oversold area, signaling that the downward price momentum has weakened. So our trading plan for next week is to go to the H1 area to find candlestick reversal signals to Buy at this price range of 2334. Second backup plan - If the price continues to decline and breaks out through the 2278 area, we will use this backup plan - At that time, the price continues to complete wave c in the corrective wave abc - We have measured the target of ending wave C at area 2211 - Then our trading plan waits for the price to reach this target area and then we enter H1 to look for reversal signals at the 2211 price range to buy up. 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.Longby DEEKOP3
COPPERCopper has given good run up in past 10 months. now is the time for take a breadth and do some sideways movement for few months then take up the next up move. 790 - 760 may not break during this retracmentby SunilDhawan3
WTI Crude OIL testing STRONG support zoneWTI Crude OIL testing STRONG support zone. It should break below the support and go up.Longby santanujUpdated 227
Start of Major Bull Cycle in Natural Gas ? Natural Gas has just finished its major bear correction ( ABC) after a major bull cycle (12345) as depicted on the chart. Most of the Fibonacci projection & retracement are holding true as per the rules (will publish it separately as a learning material). Also, after the ABC correction, there is sharp rise in the price. How do we plan an entry now? The price seems to be in the minor 3rd wave of wave 1 of the major bull cycle. Lets wait for the price to retrace to about 38% fib levels (re-calculate 38% fib if it breaks today's high to find fresh 38% fib support) and then enter with a stop loss below 50% fib levels. We can ride it till the top of the wave 3 for quick intraday/swing trade. It is headed for 280 & 300 levels in a very short span of time Disclaimer: The above analysis is only for educational purpose. Please consult your financial advisor before taking any investment decision Longby harshit22Updated 13
gold buy tradeW pattern form in gold. After retest it can go to harmonic target. Gold buy-Entry at - 2337, target 2347, SL - 2333Longby wosushantUpdated 2