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Support and Resistance

THE KOG REPORT - UpdateEnd of day update from us here at KOG: A very choppy and ranging day again on Gold which can only mean one thing, the breakout and move is on it's way! We stuck with the bias level today which gave a decent short but didn't complete the bias level target 3010, stopping short at 3012 instead. Now, we have support below holding us up at the 3015 region and resistance above 3025 with extension level 3030-5 which is our bearish below level. We'll stick with it at the moment but due to the range we will say caution on getting to exposed to the market here, let's see if we can breakout and then we'll hopefully capture the move. Not much more to report on here at the moment. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
20
Market Consolidation Key Levels for Profitable Moves and 1000Hey Trader! 👋 Market in Range Consolidation – Time to Make Smart Moves! 🔥 Right now, the market is consolidating in a tight range between 3015 to 3030, creating a perfect opportunity to sell at resistance and buy at support. 📉📈 The price action is bouncing back and forth, and our strategy is simple—wait for the range break to confirm the next big move! 🚀 If we get that break, we're looking at 1000 pips profit potential! 💰 🔑 KEY LEVELS: - BUY at3050: Watch for a potential breakout above this level! If the market pushes past here, we could see a new all-time high (ATH) and 3100 isn't too far off for gold! 🏅✨ - SELL at 3000: First, let’s see if the market sweeps this level. If it does, we could be headed to **2970**—another great opportunity to capitalize on the bearish move! 📉 As always, follow risk management to protect your capital. 📊🔒 Set your stops and position sizes wisely, and stay patient as we wait for that key range break to confirm the trend! 🛑⚖️ Ready to make moves? Let’s keep an eye on these key levels and let the market come to us! 💪💥
OANDA:XAUUSD
by ANNA_EXPERT
Gold (XAU/USD) Technical Analysis**Gold (XAU/USD) Technical Analysis – 1H Chart** **Current Price:** ~$3,018.51 **Resistance Levels:** ~$3,030, ~$3,045 **Support Levels:** ~$3,010, ~$2,995 *📈 Bullish Scenario:** - **Break Above Resistance (~$3,030-$3,045):** A sustained move above the nearest resistance zone could push gold toward $3,050 and beyond. - **Moving Averages Support:** If short-term moving averages (blue/black lines) provide support, bulls could regain momentum. - **Positive Risk Sentiment:** Any dovish signals from the Fed or safe-haven demand could fuel a rally. **Target:** $3,045–$3,060 *📉 Bearish Scenario:** - **Break Below Support (~$3,010-$2,995):** If gold drops below this level, it could test the next support zone around $2,990. - **Failure to Hold Above $3,020:** A rejection at resistance might increase bearish pressure. - **Stronger USD & Risk-On Sentiment:** If the US Dollar strengthens or risk appetite improves, gold could face downward pressure. **Target:** $2,995–$2,980 ** Conclusion :** Gold is currently consolidating near key levels. A breakout above $3,030 could lead to further gains, while a drop below $3,010 may trigger a sell-off. Keep an eye on market sentiment and economic data for confirmation. 🚀📉
FOREXCOM:XAUUSD
by elitetrader9090
Trade Idea: GBP/USD Long SetupPair: GBP/USD Timeframe: 4-Hour (4H) Trade Type: Long Entry: 1.2900 - 1.2950 Stop Loss: 1.2850 (below previous structure low) Technical Analysis: GBP/USD has been trending within a well-defined ascending channel, characterized by higher highs and higher lows. The recent price action saw a pullback toward the lower boundary of this channel, around the 1.2860 region, which coincides with the 200-period Simple Moving Average (SMA) on the 4-hour chart, providing a confluence of support. A bullish candlestick pattern or a bounce from this support zone could signal a potential continuation of the uptrend toward the upper channel resistance near 1.3270.  Fundamental Analysis: Recent economic developments support a bullish outlook for GBP/USD: • UK Inflation Data: The UK’s Consumer Price Index (CPI) rose by 2.8% in February, down from 3% in January and below the expected 2.9%. This easing inflation may influence the Bank of England’s monetary policy decisions, potentially leading to a more accommodative stance, which can be supportive of the GBP.  • US Economic Factors: The US is set to impose new tariffs starting in April, which could impact market sentiment and influence USD strength. Additionally, upcoming US PMI data may provide further insights into economic conditions that could affect USD performance.
Long
by parraggon
3
Gold (XAU/USD) Chart Analysis & Trade SetupGold (XAU/USD) Chart Analysis & Trade Setup **📊 Chart Breakdown:** 1. **Support & Resistance Zones:** - **Resistance Zone (Green - R1 & R2)**: Around **3,030 - 3,040**, indicating a strong supply area where price previously faced rejection. - **Support Levels (Red - S1, S2, S3)**: Between **3,010 - 3,000**, where price has found demand and bounced multiple times (green arrows). 2. **Moving Averages (EMA):** - **7 EMA (Red Line) - 3,019.87** - **21 EMA (Purple Line) - 3,020.14** - **50 EMA (Yellow Line) - 3,020.60** - Price is currently hovering around these EMAs, indicating a key decision zone. 3. **Price Action & Expected Moves:** - The **red arrows** suggest a potential **bullish bounce** from support areas **S1, S2, or S3**, targeting **R1 & R2 resistance levels**. - If price **holds above 3,010** and forms bullish confirmations (like pin bars, engulfing candles), **buyers may push price towards 3,030 - 3,040**. - If **price breaks below 3,010**, a deeper decline towards **3,000 - 2,990** (S3) is likely. **📌 Trading Plan:** 🔹 **Bullish Scenario (Buy Trade Setup):** - **Entry:** Near **S1-S2 (3,010 - 3,005)** on bullish confirmation. - **Targets:** **3,025 - 3,030 - 3,040**. - **Stop Loss:** Below **3,000**. 🔹 **Bearish Scenario (Sell Trade Setup):** - **Entry:** Near resistance **3,030 - 3,040** if rejection occurs. - **Targets:** **3,010 - 3,000 - 2,990**. - **Stop Loss:** Above **3,045**. **Conclusion:** 🔻 **Support holding = Buy towards 3,030-3,040**. 🔺 **Break below 3,010 = Further decline to 3,000-2,990**. 📉 **Watch price action for confirmation before entering trades!**
FOREXCOM:XAUUSD
by TradingStar090
BankNifty levels - Mar 28, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
Gold Bullish Continuation and 3037 RetestAs highlighted in today's earlier update, the price has successfully retested the 3030 level and subsequently tested the 3037 level, which serves as a 30-minute resistance. If the price closes above this level and retraces to gather liquidity around the 3035 area, it could provide greater potential for upside scalping opportunities. For those who entered around the 3030 mark based on the earlier analysis, keep an eye on the 3037–3040 range for any notable reactions. If the price closes above 3037, we could see a smooth continuation. However, if the price falters and forms a strong bearish candle, consider partially closing your position while setting the remainder to breakeven. This approach leaves room for a fresh attempt during the New York session. Cheers!
FX:XAUUSDLong
by CandleStickGuru
Nifty levels - Mar 28, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
Potential Reversal on the NAS100. key level around 20700.0?The Nas100 has been in a downtrend since mid-February, primarily due to President Trump's tariffs, among other factors. The bearish trend began at a high of 22225.5 and has aggressively declined to 19171.0 without any significant corrections on the 1-day chart. However, currently, the price is forming a correction phase, and I am focusing on the 0.5 Fibonacci level, which is around 20700.0. This level coincides with a previous weekly higher high and higher low area. Now on the 1D Chart We can observe that the price bounced from 19171.0. After being choppy for a few days, the price has now broken the lower high structure. It appears that the price is aiming to return to the key level around the 20700.0 area, where we also have the aforementioned weekly levels. The price seems to be making a gradual approach to the mentioned level, which I find favourable. As this develops on the daily chart, I will continue to monitor this setup in preparation for a bearish sell opportunity, when the price breaks the 1-day correction. Thank you for reading! 🙋🏼‍♂️
PEPPERSTONE:NAS100Short
by M-Floyd
2
US Crude Oil (WTI) LONG setup Your **US Crude Oil (WTI) buy setup** is structured with proper risk management in mind. Here's a breakdown of the key elements: ### 📌 **Entry Point: 69.600** This is the price at which you plan to enter a long (buy) position. You should wait for confirmation (such as support holding, bullish candlestick patterns, or volume increase) before executing your trade. ### 🎯 **Target Price (TP): 71.100** This is your take profit level, where you will close your trade to lock in profits. The difference between the entry and target price is **1.500 points**, which represents your potential reward. ### 🛑 **Stop Loss (SL): 68.900** This is the price level where you will exit the trade if the market moves against you. The difference between the entry and stop loss is **0.700 points**, representing your potential risk. --- ### ⚖️ **Risk-Reward Ratio (RRR): 1:2.14** - **Risk = 0.700 (Entry - Stop Loss)** - **Reward = 1.500 (Target - Entry)** - **Risk-Reward Ratio (RRR) = Reward ÷ Risk = 1.500 ÷ 0.700 ≈ 2.14** Since your **RRR is greater than 1:2**, this is a solid setup from a risk management perspective. It means that for every $1 you risk, you are aiming to gain about $2.14, which is a positive risk-to-reward trade. --- ### ✅ **Money Management (MM) Tips** - **Position Sizing:** Ensure your lot size aligns with your risk tolerance. Example: If you risk 1% of your account per trade, adjust your lot size so that a 0.700 move against you equals 1% of your capital. - **Wait for Confirmation:** Look for bullish signals before entry (e.g., candlestick patterns, moving average support, or RSI above 50). - **Set Alerts:** Use alerts at key levels to monitor price movement instead of staring at charts all day.
CFI:WTILong
by TradingStar090
NOT coin is at risk of another drop (2H)At the top of the chart, we have a liquidity pool, and behind this pool, there is an interchange zone, which is a supply area. In this zone, we are looking for sell/short positions. Additionally, below the price, a liquidity pool is currently forming, which is expected to break downward after collecting orders. Targets are marked on the chart. The closure of a daily candle above the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Short
by behdark
1
Impact of Tariffs on Agricultural MarketsTemporary Tariff Suspension and Its Implications The U.S. has temporarily suspended tariffs on agricultural imports from Canada and Mexico until April 2, providing short-term relief to cross-border trade. However, Canada's retaliatory tariffs remain in place, adding complexity to trade flows. These dynamics could influence market stability and pricing, particularly for key commodities such as wheat, corn, and soybeans. Effects on Agricultural Exports and Imports The uncertainty surrounding the tariff policies has already begun to impact trade volumes. U.S. agricultural exports are projected to face headwinds, particularly in markets affected by retaliatory measures. While U.S. tariffs on China remain in effect, China has maintained its own countermeasures, limiting U.S. soybean exports, which have been revised downward to 47.5 million metric tons (MMT). At the same time, Canada and Mexico are key buyers of U.S. agricultural products, and the current suspension of tariffs has allowed trade flows to continue without immediate disruption. However, if tariffs are reinstated, the U.S. could see a decline in exports to these partners, potentially leading to increased domestic stockpiles and price fluctuations. Market Reactions and Price Volatility Commodity prices have reacted to the uncertainty surrounding tariff policies. For example, soybean futures are trading around $10 per bushel amid concerns that reinstated tariffs could further reduce demand for U.S. grains ECONOMICS:USGSW and oilseeds. Meanwhile, the global soybean market is already experiencing record-high stock levels, which adds further downward pressure on prices. Corn markets CBOT:ZC1! are also adjusting to shifting trade dynamics. While global corn production is expected to rise by 3.2 MMT due to increased output in India, Russia, and Ukraine, export reductions from Brazil and South Africa may offset some of these gains. If tariffs disrupt North American trade, U.S. corn exports could be affected, altering the balance of supply and demand. Long-Term Outlook Looking ahead, the final decision on U.S. tariffs will play a significant role in shaping agricultural trade flows. If the U.S. extends the suspension or removes tariffs permanently, markets could stabilize, supporting steady export volumes. However, if tariffs are reintroduced, the agricultural sector may face increased price volatility and supply chain disruptions. Investors and traders should closely monitor developments as the April 2 deadline approaches, as policy changes could have significant implications for commodity markets.
CBOT:ZS1!
by juliakhandoshko