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#NIFTY Intraday Support and Resistance Levels - 03/06/2025Nifty is expected to open flat near the 24700 mark, continuing its sideways trend from previous sessions. The index is currently hovering just below the key resistance zone of 24750–24800. A breakout above this level can trigger bullish momentum with upside targets of 24850, 24900, and 24950+. Sustained strength may push the index further toward the 25000–25050 area. However, if Nifty fails to hold and breaks below 24700, it could lead to bearish pressure. A confirmed breakdown may open downside targets of 24650, 24600, and 24550. Further decline could test the next major support at 24500–24450 levels. As the market remains range-bound, traders are advised to wait for breakout confirmation with strict stop-loss. Watch for volume and momentum near breakout zones to avoid false signals.
NSE:NIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(03/06/2025)Bank Nifty is expected to open flat around the 55850–55900 zone, continuing near the same levels as the previous session. The index is currently trading in a tight range, indicating potential breakout or reversal zones are nearing. If Bank Nifty sustains above the 55550–55600 zone, bullish momentum could continue toward 55750, 55850, and 55950+. A clear breakout above 56050 would confirm a fresh upward leg, with extended targets at 56250, 56350, and 56450+. On the downside, if Bank Nifty slips below 55900–55950, a minor correction is possible with short targets at 55750, 55650, and 55550. Further weakness would only be confirmed below 55450–55400, exposing the downside to 55250, 55150, and 55050.
NSE:BANKNIFTY
by TradZoo
Gold Price Analysis June 2With the recovery waves of the D1 frame, the position of Gold returns to the wide Sideway near the ATH zone 3360 and 3260 sideway 100 price for the current trend. And today it is still possible to break this zone. GOLD increased strongly in the European session, touching the upper border of the sideway model The h1 wave is still a more bullish wave. With the support zone opening the GAP of the Asian session 3296 is still considered a strong support zone today. The breakout zone in the morning also becomes an important support zone In the opposite direction of the break 3360, there is still a zone 3368 as the immediate resistance before the Gold price is on the way to ATH. Attention daily resistance 3396
OANDA:XAUUSD
by TVS-Trader
#NIFTY Intraday Support and Resistance Levels - 02/06/2025Nifty is expected to open flat near the 24700–24750 zone. The index has been consolidating in a tight range over the past few sessions, indicating indecision and a potential breakout on either side. If Nifty sustains above the 24750–24800 zone, a bullish breakout may unfold with upside targets of 24850, 24900, and 24950+. A clear move above 25000 will confirm strong buying momentum with extended targets of 25150, 25200, and 25250+. On the downside, if Nifty breaks below 24700 and fails to recover, fresh selling pressure could drag the index toward 24650, 24600, and 24550.
NSE:NIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(02/06/2025)Bank Nifty is expected to open flat around the 55700–55800 zone. If it manages to sustain above the 55550–55600 breakout zone, the bullish trend is likely to continue with upside targets at 55750, 55850, and 55950+. A further breakout above 56050 may fuel extended gains toward 56250, 56350, and 56450+. On the downside, if Bank Nifty shows weakness and falls below 55900–55950, a short opportunity may arise targeting 55750, 55650, and 55550 zones. A deeper breakdown below 55450–55400 could lead to further downside levels of 55250, 55150, and 55050. The price action currently suggests consolidation within a range, so wait for a decisive breakout or breakdown before entering. Use strict stop-losses and book partial profits at major levels as the session may remain volatile near resistance.
NSE:BANKNIFTY
by TradZoo
BTCUSD BUY IDEA-EASY CONFLUENCE PLAY??After reaching an all-time high (ATH) last week, Bitcoin is currently positioned at a pivotal $105,484 at the .23 level according to the Fibonacci trend. It has retraced to previous highs around $105,000 to $106,000. Recently, it bounced off the support level of approximately $102,740 on the 4-hour and daily charts and seems to be forming higher lows. I believe we could see a confluence play that aligns with the previous price action that led to the ATH.
BITSTAMP:BTCUSDLong
by BigRichh
Bitcoin (BTC) Market Analysis1. Previous Analysis Validation Our previous week's analysis played out perfectly, aligning well with the market movement. 2. Current Market Sentiment The market remains bearish overall. However, we are seeing a short-term price pump, likely due to late short positions entering the market. This is resulting in a price move to trigger short liquidations. The recent 4H swing highs are acting as key stop-loss zones. 3. Imbalance & Rebalancing The price is moving upward toward a daily imbalance area (highlighted in orange). We expect the market to rebalance in this zone, potentially leading to a price rejection and continuation of the downward trend. 4. Liquidity Zone Our primary liquidity zone lies between \$100K and \$98K. We anticipate this area to be a key region for price reaction.
INDEX:BTCUSDShort
by wolfchemist
SILVER (XAGUSD): Bullish Momentum Continues Silver (XAGUSD) has been showing strong resilience and upward momentum, reinforcing a generally bullish outlook for the near to medium term. Despite recent minor fluctuations, the underlying fundamentals and technical indicators suggest continued potential for price appreciation. Technical Observations: Consolidation & Breakout Potential: Silver has been consolidating, forming a base that could lead to a significant breakout. Support Levels : Monthly Key support around the $28.00 - $29.00 zone has proven robust, suggesting strong buying interest on dips. One-Month Chart Perspective: On a one-month chart, you would typically observe the broader trend and significant long-term support/resistance zones. Given the bullish outlook, the one-month chart would likely show a series of higher lows and potentially higher highs, indicating sustained upward momentum. Look for strong monthly closing candles above key psychological levels, which would reinforce the bullish sentiment and suggest continued strength into the next month. Any pullbacks on this timeframe would ideally find support at previous resistance levels, which then act as new support. Key Price Targets and Predictions (as of late May/early June 2025): Based on various analyst forecasts and market models, here are some notable price targets for silver: Short-Term (Q2 2025): Expectation around $33.79 - $34.00 per troy ounce. Mid-Term (Next 12 months / End of 2025): Analysts generally forecast targets ranging from $36.00 to $40.00 per ounce. Some more optimistic predictions reach towards $48.00 - $50.00 per ounce. Longer-Term (2026-2030): Some projections see silver potentially reaching $75.00 - $80.00 per ounce. Driving Factors: Industrial Demand: The increasing adoption of green technologies (solar panels, EVs) continues to drive significant industrial demand for silver. Safe-Haven Appeal: Ongoing global economic uncertainties and geopolitical tensions enhance silver's role as a safe-haven asset. Supply Deficits: Persistent supply shortfalls in the silver market are expected to provide upward price pressure. Monetary Policy: Potential interest rate cuts could make non-yielding assets like silver more attractive. Strategy: Maintain a bullish bias while closely monitoring key support and resistance levels. A decisive break above current resistance could confirm further upside. Disclaimer: This is not financial advice. Trading involves risk, and past performance is not indicative of future results. Always do your own research and consult with a financial professional before making any investment decisions.
CAPITALCOM:SILVERLong
by Mrshazee
BTCUSD HTF cycle analysis Hi, I’m from Phoenix FX, and today I’ll be sharing my perspective on Bitcoin (BTC) price action based on the higher timeframes. I’ll also give you my outlook on potential trade setups for today and tomorrow. Please remember that this is not financial advice—use this information as a guide only. If you find it helpful, don’t forget to like and share it with your like-minded communities. Higher Timeframe Analysis In my view, BTC tends to follow clear bullish and bearish cycle zones. Typically, we see a pump to new all-time highs (ATH), followed by the formation of resistance and a retracement down to a key support level. Our trading approach focuses on identifying those critical support and resistance levels, with some interim trades based on shorter-term analysis—occasionally even counter-trend, depending on the day’s market bias. Over the past eight years, BTC has respected a major trend resistance line. The most recent ATH, around $112K, reconfirmed the relevance of this trendline. This makes it a valuable tool for projecting future ATH levels. Looking ahead, I expect a move towards the $115K level in the coming weeks. This would likely act as a point of resistance, at which stage we might see a reversal and a drop back down to a key support zone. Trade Setup The chart I'm referencing highlights what I would consider the first premium buy zone, identified using a 4-hour Fair Value Gap (FVG). The 50% level of this zone sits at $99,450. If this zone fails to hold, we may drop further to the secondary premium buy zone, which aligns with our higher timeframe (HTF) trend support and a weekly FVG. The 50% level of this deeper zone is around $89,150. A potential long entry at $92,550, with a stop loss around $88,000, offers an excellent risk-to-reward (RR) ratio, targeting a move up to the $115K level. Intraday Outlook For today, I see bearish price action, with potential rejection around the $104,300–$105,000 range. Go short around the $104,750 to $105,000 zone This could lead to a move down toward the lower key zones highlighted in the HTF analysis. I recommend taking partial profits (TP) at every $1,000 increment and setting your stop loss to breakeven (BE) after hitting the first target. Final Thoughts Price action analysis is always subjective, so I’d love to hear your thoughts and ideas in the comments—each one, teach one. Thanks for giving me some of your time. From the Phoenix FX team, have a great weekend!
BINANCE:BTCUSD
by PFXteam
1
BTCUSD Price action analysis on HTFHi, I’m from Phoenix FX, and today I’ll be sharing my perspective on Bitcoin (BTC) price action based on the higher timeframes. I’ll also give you my outlook on potential trade setups for today and tomorrow. Please remember that this is not financial advice—use this information as a guide only. If you find it helpful, don’t forget to like and share it with your like-minded communities. Higher Timeframe Analysis In my view, BTC tends to follow clear bullish and bearish cycle zones. Typically, we see a pump to new all-time highs (ATH), followed by the formation of resistance and a retracement down to a key support level. Our trading approach focuses on identifying those critical support and resistance levels, with some interim trades based on shorter-term analysis—occasionally even counter-trend, depending on the day’s market bias. Over the past eight years, BTC has respected a major trend resistance line. The most recent ATH, around $112K, reconfirmed the relevance of this trendline. This makes it a valuable tool for projecting future ATH levels. Looking ahead, I expect a move towards the $115K level in the coming weeks. This would likely act as a point of resistance, at which stage we might see a reversal and a drop back down to a key support zone. Trade Setup The chart I'm referencing highlights what I would consider the first premium buy zone, identified using a 4-hour Fair Value Gap (FVG). The 50% level of this zone sits at $99,450. If this zone fails to hold, we may drop further to the secondary premium buy zone, which aligns with our higher timeframe (HTF) trend support and a weekly FVG. The 50% level of this deeper zone is around $89,150. A potential long entry at $92,550, with a stop loss around $88,000, offers an excellent risk-to-reward (RR) ratio, targeting a move up to the $115K level. Intraday Outlook For today, I see bearish price action, with potential rejection around the $104,300–$105,000 range. Go short around the $104,750 to $105,000 zone This could lead to a move down toward the lower key zones highlighted in the HTF analysis. I recommend taking partial profits (TP) at every $1,000 increment and setting your stop loss to breakeven (BE) after hitting the first target. Final Thoughts Price action analysis is always subjective, so I’d love to hear your thoughts and ideas in the comments—each one, teach one. Thanks for giving me some of your time. From the Phoenix FX team, have a great weekend!
BINANCE:BTCUSD
by PFXteam
GBPUSD Bearish Setup | Trend Reversal Setup in Progress...📉 Technical Outlook _ After a strong bullish rally within a parallel ascending channel, GBP/USD is now showing signs of potential reversal. Price action recently broke out of the channel and is failing to reclaim upward momentum, indicating that buyers may be losing control. 🔍 Key Observations: 🟪 Previous Consolidation led to the breakout 📈 Strong bullish structure inside the parallel channel ❌ Price has now exited the channel, with clear signs of rejection near 1.347x 📉 Bearish pattern projecting a potential drop to the support zone at 1.31521 ⚠ Watch for This Bearish Scenario: 1. Liquidity grab or false breakout above short-term highs 2. Strong sell-off as momentum fades 3. Clean bearish continuation pattern toward 1.3150 support ✅ Bearish Confluences: Breakdown from parallel channel Series of lower highs forming Weak recovery attempts Clear downside target with prior support zone structure 🔷 Note: Keep an eye on macro news and USD strength before executing. This is a technical setup with potential, not a guarantee. 📊 What’s your bias? Bullish or Bearish? 👍 Like & 🔔 Follow for more technical setups!
Short
by James-Pipstr
6
Gold Price Analysis May 30Candle D shows strong buying power on Thursday, most likely today Asia and Europe will decrease and the US session will return to the uptrend. The bearish wave structure is heading towards 3280. This zone can be bought in Asia and Europe. In the US session, wait for the price reaction to break this zone, limit buying until the bottom of 3254. Break 3254 confirms the downtrend and heads towards the two support zones 3238 and 3211 When the support zones bounce up, a nice bullish wave is formed and do not SELL Scalp until the 3320 zone. If you break, keep the BUY order up to 3343.
OANDA:XAUUSD
by TVS-Trader
Gold Breakdown Setup | Key Support Test IncomingThe market recently broke below a rising trendline and exited a consolidation zone, signaling potential weakness. 📉 After the breakdown, price formed a lower high and is now retesting the 3,290–3,300 zone. If this minor resistance holds, we could see further bearish continuation. 🔷 Key Level to Watch: Support around 3,212 — this is a major area where price previously reacted. 📉 Scenario: Expecting a rejection from current levels, leading to a potential move toward the support zone. If 3,212 breaks, it may open doors to even lower targets. 💡 Trade Idea: Wait for a confirmation (bearish structure) near the retest area. If confirmed, consider short setups with target around the support level. ✅ Always use proper risk management and confirm with your own analysis
TVC:GOLDShort
by James-Pipstr
Gold price analysis on May 29Not beyond the previous analysis of the D candle confirming the decrease and maintaining the trend of the candle on May 27 After touching the breakout zone of 3257, Gold is reacting to increase again and there is a high possibility that there will be buying force in the market today 3275 is the reaction zone that Gold is facing in front of this increasing force when breaking 3275 will head to 3285 and this is an important breakout zone with a large number of sellers accumulating in this zone. Breaking 3285 is considered a temporary break of the downtrend and waiting for the next reaction zones for SELL strategies around 3302 and 3314 The support zones with a tendency to react to prices and are also targets for SELL signals are noted in the resistance zone of this morning's Asian session around 3256. Two notable support zones today for bottom-probing signals are noted around 3238 and 3220.
OANDA:XAUUSD
by TVS-Trader
2
EUR/CHF Triangle Setup- Breakout or Breakdown ImminentThe EUR/CHF pair is currently consolidating within a triangle pattern on the 1-hour chart. This type of pattern typically forms when neither buyers nor sellers are in full control, leading to a tightening price range between descending resistance and ascending or flat support. In this case, the resistance trendline (marked in red) is sloping downward, while the support zone (highlighted in green) remains relatively flat around the 0.9330–0.9335 region. The repeated tests of both resistance and support lines suggest that a major breakout or breakdown is likely approaching. The height of the triangle (measured from the initial impulse move) provides the basis for projecting potential breakout and breakdown targets. 🔼 Breakout Scenario (Bullish): If price breaks above the descending resistance line, especially with volume confirmation, it may trigger a bullish move toward the breakout target of 0.9406. This level is calculated by adding the height of the triangle to the breakout point. Traders could look for buying opportunities upon breakout with stops placed below the breakout candle or just under the triangle. 🔽 Breakdown Scenario (Bearish): Alternatively, if price breaks below the flat support zone, a bearish continuation is expected, targeting 0.9281, which is derived by subtracting the triangle's height from the breakdown level. This would indicate sellers regaining control, and the pair may revisit recent swing lows. A breakdown with strong bearish candles would validate this move. 📌 Strategy Notes: This is a neutral-to-directional setup, meaning traders should wait for a confirmed breakout or breakdown before entering. Volatility contraction inside the triangle typically precedes an explosive move. Entry can be taken post-breakout with volume, or with a retest of the broken trendline for confirmation. =============================================================== Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
by TradZoo