xauusd looking for sell as per price action we can plan a sell trade in gold for ny session with better risk/reward ...... first tp will be 2297 if 15 min candle close blow it then you can hold untill london low 2284 Shortby TheMoneyOcean1
XAUUSD looking for buy as per price action of1 hr chart we can plan buying trade from this two levels of an order block ..... can be support for buyers in next week.......it's a fair idea for plan a best trade with market trend.Longby TheMoneyOceanUpdated 112
Crude H&SCrude is again getting rejected from the downward TL, seems like its forming a long term H&S, can see a 30/40% correction in the coming 2 yearsShortby pureCraft694760
XAUUSD Important LevelsHey Family, Here is a today Gold important levels, Which is showing a great opportunity and forming channel Pattern, Gold is near resistance zone let's see if there is breakout sustain or not. what is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.by ChartSightUpdated 3
🔥GOLD CONTINUES TO FALL💲 Judging from the daily chart of gold, the price fell to around 2291 at the beginning of last week and then rebounded, but fell back to a maximum of around 2352 on Friday. This week continued last Friday's weakness, with a sharp drop of $50 on Tuesday, directly breaking the support near 2291 last week, setting a low since April 5. The daily level of gold showed an obvious bearish signal. The two large negative lines dropped directly by one step, and the entity covered the previous positive line, returning directly to below 2300. The moving average also curves downward obviously, suppressing the K line below, forming an obvious bearish trend. Moreover, the K-line closed out the saturated negative line and directly fell below the three key support positions of 2324, 2312 and 2292, and finally fell to around 2281, refreshing last week's low. In the past few days, we have been emphasizing that the adjustment has not yet been completed, and the downside risks have increased. In the end, the market price fell as we expected. Gold's 4-hour moving average crosses downward, forming a short position. The double top continues to suppress the rise of gold. Gold has now fallen below the last new low of $2,292, and the $2,300 mark has become a resistance level. Today’s rally will provide bears with an entry opportunity. The dividing line between intraday strength and weakness is around 2293, and short sellers may further accelerate their decline below this level. If this is the case, then 2250 or 2230 will be the next target. Once the price breaks through 2293 upwards, the rebound is bound to continue further. Therefore, we have the option to go short below this area. On the whole, today's short-term gold operation advice is to mainly go short on rebounds, supplemented by longs on callbacks. The top short-term focus is on the 2293-2295 resistance range, and the bottom short-term focus is on the 2260-2265 support range.by JackBlackwell6
Crude Oil looks bearish for the upcoming week with HS patternProbable HS pattern in the making. We should wait for breakdown of neckline and then a retest to take a position based on this pattern. SL will be breaking of the neckline. Disclaimer: Not a financial advice. I have short positions in crude oil.Shortby shivam94_007Updated 12
Daily breakout XAUUSDSell started Gold. Now its continuing. It will be reached 2234 in this week.Shortby salihnv0
SELL XAUUSDIn my opinion, I am looking to sell , which is a strong SUPPLY ZONE and market also in downtrand . It is not advisable to enter without confirmation from a lower TF.Shortby Knickk0
Gold berish setup - 29 AprBear flag for downtrend setup is invalid if resistance breaks.Shortby tina0001Updated 2
XAGUSD: Breakout or Fakeout?Silver has recently experienced a breakout with a strong move to the upside. The monthly candle is still closing outside the highlighted trend line resistance, but the price rejected near the $30 level and closed the month near $26, creating a long upper wick that suggests strong resistance. While this technically qualifies as a breakout, the probability of silver continuing to move up is comparatively low until the price breaks above $30 with a weekly or daily candle closing above that level. On the other hand, if this turns out to be a fakeout, we could see a move back down towards the $22 price range, where there is significant support. When planning your trades, always remember that higher timeframe analysis is key. Looking at the bigger picture will help you filter out the short-term noise and make better decisions. This is definitely going to be interesting to see how this plays out so make sure you add this to your watchlist and follow to stay updated on more such ideas.by TrendTechnician4
🔥GOLD BEARISH TREND FORMING💲In yesterday's comments, we pointed out that the risk of a downward adjustment in the gold market will increase. In today's market, the important support point 2312 predicted earlier has been fulfilled. Judging from the weekly review last weekend, we expect that the adjustment will continue for the subsequent market trend. The downward adjustment has not yet ended, and further downward exploration is needed to find support. The possibility of a direct return to strength is small. The continuous highs this week have been suppressed, and the decline on this trading day indicates that the callback rhythm has started again. Therefore, it is appropriate to continue to maintain a high short-selling layout in the short term. On the 4-hour chart, gold prices are currently oscillating under the pressure of a double top pattern.The moving average system shows a dead cross short position arrangement, suggesting that gold is still likely to fall, and there is a large room for decline. The momentum of the bulls is gradually weakening, while the power of the bears is gradually strengthening. Although it rebounded after experiencing a sharp decline in early trading, it has temporarily returned to the shock range. Whenever the price of gold rebounds above 2340, it is a good opportunity for short sellers to sell. If the price falls below 2310, the market may weaken further, and then only need to pay attention to shorting opportunities with a slight rebound. Therefore, our trading strategy is to wait for the price to rebound to the appropriate position and then decisively short. In the short term, European and American markets should pay attention to short-selling opportunities that rebound to the 2323-2325 range. On the whole, today's short-term gold operation advice is to focus on rebound short selling, supplemented by callback long selling. Focus on the resistance range of 2320-2325 at the top and the support range of 2300-2305 at the bottom.by JackBlackwellUpdated 39
Silver sell given from 85000 , 5000 points profit running 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 JaiPrakashShuklaHarmonicTrader3
Gold 40 points profit running, mcx 1000 points enjoy huge profitOn 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
Gold, merry gold...After a big uptrend gold price is now having a pull back and moving in a small range for few days. A consolidation is always good for a healthy move. Important resistance zone is 2345 - 2365. Price have to break this with force and sustain above the mentioned zone to move up further. We have two near by support zones where price can bounce, once it is tested. 2310 - 2314 is the near by support. If price break it, then it can move towards the major support zone 2288 - 2298. Price will hold the major support. Otherwise it will move towards 2270. There is no buy sell levels here. How price reacts at the given zones will decide the trend direction. Trade accordingly. by vanathiUpdated 7
Nifty Intraday Levels | 30-04-2024The Green line is marked for breakout The Red line is marked for breakdown The Black line is for the target on the upside stay tuned, if any levels occur will update in the comment section.by iamrk7Updated 0
Finnifty - April 30Price is at the trend deciding zone 21800 - 21840. Will the trending move what we get today will continue tomorrow or the price will reverse? Buy above 21860 with the stop loss of 21820 for the targets 21900, 21960, 22020 and 22050. Sell below 21760 with the stop loss of 21800 for the targets 21720, 21660, 21620 and 21580. 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 vanathiUpdated 11
🔥GOLD REMAINS RANGE-BOUND💲The recent trend of gold has shown the characteristics of killing bulls and bears. However, judging from the daily chart, it is actually a recovery trend after a sharp decline. The repair interval is approximately between 2291 and 2352. This range has constituted a large wave of fluctuations. Although last week's weekly close was negative, the long-term trend still has bull support, especially due to the influence of fundamental geopolitical factors. Therefore, even if an adjustment and repair period is entered in the short term, the long-term bull trend is unlikely to change. From a technical point of view, the daily MA5 and MA10 have formed a dead cross downward. Although MA5 has turned around, it has not yet formed an obvious bull pattern, so the operation is still mainly high altitude. On the 4-hour chart, gold prices are currently running below the long-short dividing line, so short-term operations are still mainly short. Gold prices experienced a small rebound and quickly recovered. The current price is temporarily limited to the range between 2320 and 2340. Since there is no obvious trend in the short term, we should focus on short-term adjustments and repairs. It is recommended that before the gold price breaks through 2352, it is mainly short when approaching this level. If it breaks through, wait for the 2372 line. However, the expected retracement of the previous rebound from 2295 to 2352 did not go as expected. Instead, there was a shock in the cracks, and we need to wait patiently for the position to be broken. On the whole, today's short-term operation advice for gold is to focus on shorts after a rebound, supplemented by longs after the correction. The upper short-term focus is on the 2340-2343 resistance range, and the lower short-term focus is on the 2300-2305 support range.by JackBlackwellUpdated 32
GIFT NIFTY FUTURE buy sell zones analysisNSEIX:NIFTY1! nifty future bounced back from daily timeframe buy zone and ended up just below previous sell zone, with no prpoer buy zones immidiate below, we may see a drop till midzone , if manages to break above current sell zone and sustains with a retest, then we may see move till green zone quicklyby ajinkyadiwakar717Updated 5
Today area to watch 2326 if sustain then 2346 2354 is nextToday area to watch 2326 if sustain then 2346 2354 is next Till the time gold is moving above 2326 2324 area we can see 2342 to 2350 area. If gold will break 2324 to 2326 area then we can see 2318 2310 area. Plan accordingly, Happy TradingLongby vikasvasusharma2
HHH999To create a trading strategy using Supertrend, Relative Strength Index (RSI), and the 200 Exponential Moving Average (EMA), you can combine these indicators to make more informed trading decisions. Here's a basic strategy outline: 1. **Supertrend**: Use the Supertrend indicator to determine the trend direction. When the Supertrend line is green, it indicates an uptrend, and when it's red, it indicates a downtrend. 2. **RSI**: The RSI can help confirm potential trend reversals. When the RSI is below 30, it suggests that the asset may be oversold and could potentially reverse upward. When the RSI is above 70, it suggests that the asset may be overbought and could potentially reverse downward. 3. **200 EMA**: The 200 EMA can act as a long-term trend indicator. When the price is above the 200 EMA, it indicates a bullish trend, and when the price is below the 200 EMA, it indicates a bearish trend. Here's a basic strategy using these indicators: - **Entry**: - Buy when the Supertrend is green (indicating an uptrend), the RSI is above 50 (confirming strength), and the price is above the 200 EMA (confirming long-term bullish trend). - Sell/Short when the Supertrend is red (indicating a downtrend), the RSI is below 50 (confirming weakness), and the price is below the 200 EMA (confirming long-term bearish trend). - **Exit**: - Exit long positions when the Supertrend turns red or the RSI crosses below 50. - Exit short positions when the Supertrend turns green or the RSI crosses above 50. This is a basic strategy outline, and you may need to adjust parameters and rules based on the specific assets and market conditions you're trading. It's always a good idea to backtest your strategy on historical data before trading live.by hpiehp119
🔥GOLD trend analysis for next Monday💲Gold technical analysis The overall market in April showed relative strength, rising from 2230 to 2430, setting a record high. The current price is hovering around 2330 and is expected to remain near 2330 at the monthly close, which is the 50% level of the rally. Therefore, the trend in May is likely to rise first and then fall, continuing the rise and then retreating. It may remain strong for a while in the first half of May, but may weaken and fall by mid or late May. Therefore, we should pay attention to the timing of long and short positions. On the 4-hour chart, gold shows an obvious upward shock trend. The price gradually broke away from the previous low shock range, and the K line rose steadily along the short-term moving average, indicating that the short-term upward trend may not be over yet. However, the price currently encounters a significant pressure zone near 2354, which may pose a challenge to further gains. It is necessary to pay close attention to the short-term adjustment and repair situation and find a suitable entry point. From a short-term perspective, the golden hourly chart shows an upward trend. Each moving average indicator on the 1-4 hourly chart extends upward, and the support moves upward again. The support next Monday is around 2320-2325, and the pullback is an opportunity to go long. If it breaks through 2352, we need to pay attention to gold bulls' upward test of pressure near 2363. At the same time, we also need to focus on whether gold will step back, especially if it steps back to the 2320 line, which will be the key point for long orders to enter. When the market opens on Monday, gold can go long directly, with reference to the 2330 line. The upward trend can be seen to 2350, and may reach the 2360 line after stabilization. When entering the market, you should focus on light positions. If there is a breakthrough to a new high next week, you should be ready to buy long positions at any time. On the whole, it is recommended that the short-term operation of gold next week will be mainly longs on callbacks, supplemented by shorts on rebounds. Focus on the resistance range of 2352-2360 at the top and the support range of 2320-2325 at the bottom.by JackBlackwellUpdated 45
Gold technical analysis Continues high to high I see rocket pattern gold it’s bullish trend .just trapped sellers and price consolidation..by zestshowoff2210
MCX GOLD for May 2024?Gold was taking a breath on last two weeks. This is unlikely to be a signal for a continued downtrend. More upper levels are expected.Longby SathishKavinchal113