GOLD.. reached at resistance? What's next??#GOLD... well guys market perfectly moved as per our analysis and now market at his most important resistance area that is from 2427 to 2431 around.
Means that 3 or 4 points region can change the story.
Because if market clear that area means it will again enter in your channel and then it can move up to channel top again. But it will happen only above your resistance zone.
Keep close that region because I'd market hold it then again drop expected from here.
Good luck
Trade wisely
Tradingview
XAUUSD ( INSIDE TWO TUENING LEVEL ) ( 4H )XAUUSD
HELLO TRADERS
currently price between two turning level by breaking each level determine the direction , for know the price trading above turning level (2) at 2,391$ , remain this level it will be attempt to reach a turning level (1) at 2,420$ .
Tendency, the price inside two turning level around ( 2,420$ & 2,391$)
Upward Zone : in order see increase , the price need breaking turning level at 2,420$ , by closing 4h candle above it , easily to reach a resistance level (1) around 2,436$ , remain this level indicates the price trying to inside a resistance zone between 2,459$ and 2,474$ .
Downward Zone: by breaking turning level (2) around 2,391$ , the price dropping to reach a support level (1) at 2,364$ , to confirm downward , gold need breaking support level (1) by open 4h candle below it to reach a support level (2) at 2,346 .
TARGET LEVEL :
RESISTANCE LEVEL : 2,436$ , 2,459$ , 2,474$ .
SUPPORT LEVEL : 2,364$ , 2,346$ .
Gold Spot / U.S. Dollar | Entry 2 : Short Position15m : Supply zone mitigated
1m : Took short position after 1m bearish confirmation
Note :
Enter any position only during kill zones
After the market enters a non-kill zone area, trail your stop loss to the entry point or the nearest mitigated order flow level
Gold Spot/U.S. Dollar | XAUUSD | ForecastBelow, the technical analysis is purely based on SMC concepts for intraday trading.
Day: Likely to move in a bearish trend (see attached image).
15m: There are multiple entries in the queue at each kill zone during liquidity sweeps.
Take the entries accordingly, followed by 1m clear confirmations.
GOLD - very expensive area, will hold or not??#GOLD... Market perfect moved as per our video analysis in yesterday.
Guys keep in mind and note that area or region is one n single that 2372 73 around.
Keep close that area because that's the that can change the overall scnerio.
Only holding of that level means you can see anytime bounce in gold price.
But in case market clear that level then scene will change at immediately basis.
So CUT N REVERSE keep in hand only below 2372 73..
Don't be lazy here
Good luck
Trade wisely
The Leap - D3The Leap competition is live and so is Pinchpips.
Focusing on the behemoth of OANDA:WTICOUSD and $OANDA:XAUUSD.
Not typical markets but testing swing zones on the instruments to check efficacy on a daily TF.
SZ are set for OANDA:WTICOUSD but price action determines entry
Currently ranked 2716.
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GOLD - at his one n only support, hold or not??#GOLD.. after Friday sell off market now at his one n only supporting area that is 2437 around .
Keep close that area because if market hold in that case you can see again bounce from here otherwise not at all.
Only short below that support.
Keep close it and don't be lazy here .
Good luck
Trade wisely
Symmetrical Triangle pattern breakout in BANKNIFTY BANKNIFTY INDEX
Key highlights: 💡⚡
✅On 15 Min Time Frame Banknifty index Showing Breakout of Symmetrical Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 52865+.
✅Can Go Long in this Banknifty index by placing a stop loss below 51535-.
#NIFTY Intraday Support and Resistance Levels -01/08/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 25000 level and then possible upside rally up to 25120 level in today's session. in case nifty trades below 24950 level then the downside target can go up to the 24830 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(01/08/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 51550 level then possible upside rally of 400-500 points upto 51950 level & this rally can extend another 400 points if market gives breakout 52050 level in todays session. Any Major downside only expected in case banknifty starts trading below 51450 level.
USDJPY - at historical support? What's next??#USDJPY.. important data from Bank of Japan in today and pair on his one of the most important supporting area 152 around.
So many times BOJ intervision here in history.
Keep close 152 only on confirmation below that means cut n reverse otherwise not at all.
Good luck
Trade wisely
GOLD - ultimate resistance? What's next??#GOLD.. market just reached back to his supporting trend line neck line.
Its market one n only area for ultimate resistance.
Keep close it guys that is 2410 11 around
Holding of that area can leads you towards again supporting levels otherwise not at all.
One thing is keep in mind that above that area will be your cutt n reverse on confirmation.
Good luck
Trade wisely
#NIFTY Intraday Support and Resistance Levels -30/07/2024Nifty will be gap down opening in today's session. After opening nifty start trading Below 24810 level and then possible downside rally up to 24690 in today's session. in case nifty trades Above 24860 level then the upside target can go up to the 24980 level.
#XAU #XAUUSD #GOLD #Update #Short #ShortSetup #Eddy#XAU #XAUUSD #GOLD #Update #Short #ShortSetup #Eddy
According to the specific structure of the distribution, it is in the final phase and soon gold will fall to the specified level. (( This analysis is based on supply and demand style as well as Wyckoff and Dow theory. ))
Related Analysis of Gold : (( XAU/USD )) : Check Link :
My Analysis of Dollar : (( XAU/USD )) : Check Link :
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