TGM1! trade ideas
AUDUSD and Gold both in a wedge getting ready to break outCOMEX:GC1! FX:AUDUSD
AUDUSD Looks bearish, so far, heading into a tight wedge within a larger bear flag. AUD being commodity currency I am looking at gold as well which too seems to be in bullish descending triangle.But these descending triangle could also break down strongly. There is a potential strong move coming in AUDUSD and high probability it would be to upside
But Its still wait and watch for now
Location 15m London & NY Session 6 May 2025There are 4 setups based on a 15 minute structure on 6th May 2025.
Location 1 :
- Trend buy
- Structure breakout buy
Location 2 :
- Trend buy
- Structure breakout buy
Location 3 :
- Trend buy
- Structure breakout buy
Location 4 :
- Trend buy
- Structure breakout buy
GOLD📈 Final Trade Plan – GOLD
Component Value
Trade Direction BUY
Entry Price 91692
Stop Loss (SL) 86710
Risk ₹4982
Target Price 104340
Reward ₹12648
Risk-Reward Ratio 2.5
Last High 99358
Last Low 86710
✅ Trade Strengths
✅ All timeframes are UP—clear trend alignment.
✅ ITF entry zone is precise and aligned with MTF, giving high-probability entry.
✅ MTF and HTF zones have stacked and tested structures, offering base support.
✅ Last high (99358) is within reach before hitting full target (104340).
⚠️ Watch Outs
🔻 Wider SL (₹4982) – ensure position sizing is adjusted to accommodate capital management.
⚠️ R:R is moderate (2.5)—acceptable but not high-conviction. Consider scaling out:
1st Target: 99358 (last high)
2nd Target: 104340 (projected)
🧭 Trade Strategy Suggestions
🎯 Consider a partial entry at 91692 and full commitment if price retests 90890 zone (ITF distal).
📉 Use trailing stop once 99358 is breached—protect profits while aiming higher.
📊 Watch for intraday volume spikes or bullish engulfing candles around 91000–91700 zone for confirmation.
🟡 GOLD – Multi-Timeframe Demand Zone Analysis
🔷 Higher Timeframe (HTF)
Timeframe Trend Demand Logic Proximal Distal Avg Zone
Yearly UP Rally–Rally 79775 76563 78169
Half-Yearly UP BUFL 79775 67400 73588
Quarterly UP BUFL 1742* 73300 37521*
HTF Avg 53764 72421 63093
🧠 Note: The Qtrly Proximal (1742) seems like a typo (possibly from copy-paste). If intended as 81742, it aligns better with trend context. Assuming that, adjusted HTF avg would be 80540 approx.
📌 Insight: HTF is bullish with demand structure tightening upward. Price is now well above these zones, indicating continued momentum from previously respected demand.
🔷 Medium Timeframe (MTF)
Timeframe Trend Demand Logic Proximal Distal Avg Zone
Monthly UP BUFL 86592 81639 84116
Weekly UP BUFL 91423 87172 89298
Daily UP Support (DMIP) 88444 86710 87577
MTF Avg 88820 85174 86997
📌 Insight: Structure still shows strength, with 88444–91423 forming a strong cluster of MTF support. Entry at 91692 is right at the top end of support, so confirmation matters here.
🔷 Intraday Timeframe (ITF)
Timeframe Trend Demand Logic Proximal Distal Avg Zone
240M UP BUFL 91692 90890 91291
180M UP BUFL 91692 90890 91291
60M UP BUFL 91692 90890 91291
ITF Avg 91692 90890 91291
📌 Insight: The exact match across all ITFs shows very tight and fresh demand, providing strong conviction at this zone—perfect sniper level.
Gold holds long term bull run - for now Gold rebounded sharply after several days of trending down when it hit the long term bull run support (bottom line on chart).
Next stop major resistance around 3,260 which is fast approaching.
We expect high probability rejection down from this level due to the move into higher risk assets with a calming of the macro economic environment…but as always, with Gold anything can happen!
Look for confirmation then this top trend line forms a solid resistance with the long term bull trend line providing support. Current bull run pattern running out of space to run.
Good luck everyone!
Gold Futures, using a GC1!/DXY ratio, gold vs dollarUsing a gold futures continuous contract and the DXY i simply plotted the ratio and picked picot points to create a parallel channel on the GC1! graph....to which I doubled up the channel, or channel stacking, to see what would occur.
Make sure to utilize the "L" Log function in the bottom right of that chart to see something that may not be there and how perspectives can change when you reorient your scale.
Not much on analysis, just point to consider. That Fib Retrace was also don taking the lowest pivot point of this run and the top, most recent high, on the GC1!/DXY chart and plotting that to the exact location on the gold futures chart.
So somewhere in the 3100 to 3000 window looks good.
Gold chart with corresponding DXY ratio chart with points highlighted in green:
gold chart with momentum without Log function:
gold chart with momentum on Log function:
Gold Futures Analysis (MCX) – Target 87,000/- Chart Date: May 14, 2025
CMP: ₹92,558
Change: -1.16% | Volume: 14.13K
Gold has shown weakness after a strong uptrend from early February. Currently, it is consolidating near the ₹92,000 level, just above the 50 EMA (₹91,526). The price is hovering near a key support zone highlighted between ₹92,055 and ₹91,526.
📉 Key Observations:
Price rejected near recent swing high of ₹99,358.
Currently testing the 50 EMA. A breakdown below this may trigger further downside toward ₹87,500–₹86,592 demand zone.
Volume declining on recent candles – indicating weakening bullish momentum.
EMA Cluster (10/20/50) flattening out – potential trend reversal or deeper pullback in progress.
📌 Levels to Watch:
Support: ₹92,055 → ₹91,526 | Below that: ₹87,500 & ₹86,592
Resistance: ₹94,160 (20 EMA), ₹94,434 (10 EMA)
Breakdown Target Zone: ₹87,500 (5.52% from current price)
🔔 Strategy:
Wait for price action near the support zone. If breakdown confirms with volume, look for short opportunities with a tight SL above 50 EMA. Long trades only if strong reversal candles appear near ₹91.5k zone.
📊 EMA: 10/20/50/100/200 plotted for dynamic trend & support insights.
Gold Futures 15-Minute Timeframe Analysis15-minute timeframe, upper range boundary at 3247.4, lower range boundary at 3220.7.
You could consider trading within this range by selling near the top and buying near the bottom (high-probability mean reversion). However, I recommend waiting for a breakout or breakdown of the range and then trading the trend on the 5-minute timeframe.
15分钟周期,区间上沿3247.4,区间下沿3220.7。可以考虑做该区间内的高抛低吸,但我建议等待突破或跌破区间后,在5分钟周期做趋势单子