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XAUUSD GOLD TRADING STRATEGY JUNE 4, 2025XAUUSD Gold Trading Strategy June 4, 2025: Yesterday's trading session was as we predicted when the gold price adjusted to the support zone of 3330 - 3335 and then increased again according to the main trend. Currently, the gold price is accumulating in the 3340 - 3345 zone. If the gold price cannot break this support zone, it will continue to increase strongly. We continue to wait for trading points at the support zones of the gold price. Important price zones today: 3318 - 3323, 3340 - 3345 and 3400 - 3405. Today's trading trend: BUY. Recommended orders: Plan 1: BUY XAUUSD zone 3340 - 3342 SL 3337 TP 3345 - 3355 - 3375 - 3400. Plan 2: BUY XAUUSD zone 3318 - 3320 SL 3315 TP 3323 - 3333 - 3353 - 3383. Plan 3: SELL XAUUSD zone 3403 - 3405 SL 3408 TP 3400 - 3390 - 3370 - 3350. Wish you a safe trading day and lots of profit.
OANDA:XAUUSD
by am945
Technical Analysis | Volume Breakout | Mark-up Phase📈 CUMMINS INDIA LTD – TECHNICAL ANALYSIS 📆 Date: May 29, 2025 🔍 Timeframe: Daily ________________________________________ Price Action: Cummins India rallied sharply by +6.5% today, forming a strong bullish candle on the daily chart. The price bounced decisively from a major support zone and closed near the day’s high, signaling bullish intent. This move follows a phase of accumulation and now hints at a potential breakout attempt. ________________________________________ Chart Pattern / Candlestick Pattern: • Breakout Candle – Large bullish body • High Volume – Above 20-day average volume • EMA 200 Crossover – Bullish signal • Bullish VWAP alignment • BB Squeeze Off Breakout Expected • Indicators suggest a combination of bullish momentum and breakout confirmation. • Daily Chart: Shows a Bullish Continuation Heikin Ashi pattern along with Above the Stomach and Bullish Kicker candlestick patterns — signaling ongoing momentum and potential follow-through. • Weekly Chart: Displays a Strong Bullish Heikin Ashi pattern with high volume, confirming institutional buying and trend strength. • Monthly Chart: Mixed signals — a Neutral Spinning Top (indicating temporary indecision) but also a Strong Bullish Heikin Ashi pattern with high volume, suggesting underlying bullish pressure. ________________________________________ Technical Indicators: • RSI (Daily): 67 – strong momentum, entering bullish zone • MACD: Bullish on Daily and Weekly, Bearish on Monthly • Stochastic: 91 (D) – overbought, momentum strong • CCI: 186 – indicating high momentum • Volume: 4.08M – over 5× previous, confirming institutional activity • VCP Dashboard: Already activated at 3035.60 with SL 2851.75 ________________________________________ Support & Resistance Levels: • Resistance 1: 3251.37 • Resistance 2: 3333.33 • Resistance 3: 3458.97 • Target 1: 3499.10 • Target 2: 3790.50 • Target 3: 4081.90 • Support 1: 3043.77 • Support 2: 2918.13 • Support 3: 2836.17 • Major Support Zone: 2600–2700 (Marked “Weak Support” area) ________________________________________ Chart Overview: This chart highlights: 🔸 A major bullish candle with high volume 🔸 Breakout with entry above 3200 🔸 Institutional buying seen with volume > 20-day avg 🔸 Clean support-resistance zones 🔸 Bullish momentum confluence – RSI, MACD, VWAP, BB Squeeze ________________________________________ Educational Breakdown: This setup reflects a momentum breakout with strong confirmation from volume and price action: • Price Action: Bullish engulfing + 20-Day Volume Breakout • Indicator Confirmation: RSI, MACD, CCI aligned • Momentum Cluster: EMA crossover, BB breakout expected • Demand Reversal Zone: Price reversed near 2600–2700 base, a classic demand zone buildup • Cummins India appears to be transitioning into the Mark-Up Phase with a strong breakout candle, surge in volume, bullish indicators, and previous accumulation base formation. This is a critical phase where trend-following traders look for entry opportunities on pullbacks or consolidations. Traders often watch such confluences as potential low-risk entries, especially when price pulls back into breakout levels with volume support. ________________________________________ How to Trade Cummins India (for learning purpose): • Entry Example: 3207.70 • Stop Loss: 2916.30 (Risk: 291.40) • Target Examples: o T1: 3499.10 (Reward: 14570) o T2: 3790.50 o T3: 4081.90 • Sample Quantity: 50 shares • RR Ratio: ~1:1.5 to 1:3 based on targets • Aggressive Traders: Can ride the trend with trailing SL • Conservative Traders: May wait for pullback near 3040–3070 for entry ________________________________________ ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:CUMMINSINDLong
by simpletradewithpatience
Swing Opportunity Observed in GRSE📊 Garden Reach Shipbuilders – Technical Chart Study 🗓️ Date: May 22, 2025 | NSE: GRSE | Chart Type: Daily Price Action: GRSE showcased a strong bullish price move today, forming a powerful candle backed by significant volume expansion. The stock closed over 10% higher compared to the previous session, indicating strong buying interest. Price action also confirmed a breakout above the recent consolidation zone, with today's volume coming in at 15.65 million—more than 2.2 times the 20-day average volume of 6.94 million. This spike suggests possible institutional participation. Notably, the stock came very close to retesting its previous all-time high of 2833.80, marked in July 2024. The momentum remains bullish, and traders are now closely watching the resistance zone between 2833 and 2850. A sustained move above this level could signal the start of a fresh upward leg in the ongoing trend. Chart Pattern: Today’s move in GRSE appears to confirm a “Rectangle Breakout” pattern. Over the past few sessions, the stock was consolidating within a horizontal range, forming a base with clear support and resistance levels. This kind of consolidation often signals accumulation before a directional breakout. With today’s strong bullish candle and a high-volume breakout above the upper boundary of the rectangle, the pattern indicates a possible continuation of the prior uptrend. The breakout is further validated by the volume spike—more than twice the 20-day average—suggesting participation from larger players. Additionally, the move resembles a BB Squeeze Release, where Bollinger Bands had contracted recently, and today’s breakout suggests a potential expansion phase. Volume Analysis: GRSE recorded a significant volume surge today, with total traded volume touching 15.65 million shares, which is more than 2.2 times the 20-day average volume of 6.94 million. Such a spike in volume, especially on a breakout day, often reflects strong participation from institutional or large market participants. The increase in volume alongside a 10%+ price gain suggests conviction behind the move, not just speculative activity. This type of volume behavior typically supports the sustainability of the price breakout, especially when accompanied by a clean technical setup, as seen in today’s rectangle pattern breakout. Volume expansion on breakout days is considered a positive sign in technical analysis as it confirms market interest and demand at higher price levels. If this elevated volume sustains in the coming sessions, it could indicate continuation of the momentum. Support and Resistance: The key resistance levels to watch are R1 at 2887.6, followed by R2 at 3019, and a higher resistance at R3 of 3240.6. On the downside, the support levels are positioned at S1 of 2534.6, with stronger support at S2 of 2313, and a further support level at S3 of 2181.6. These levels act as important price barriers where the market could either face selling pressure or find buying interest, helping traders plan their entry and exit points effectively. Educational Insights: In the case of Garden Reach Shipbuilders (GRSE), volume surged more than twice the average, indicating possible institutional participation. The Rectangle Breakout pattern formed during consolidation suggests accumulation before the upward move. Additionally, the Bollinger Bands squeeze indicated low volatility, which expanded with today’s breakout. Understanding key support and resistance levels helps traders plan entry and exit points. Support levels act as price floors, while resistance levels serve as ceilings. Watching how price behaves around these levels after a breakout can confirm the trend’s strength. Combining these tools improves trading decisions and risk management. How to Trade Garden Reach Shipbuilders – Bullish Scenario (Long Trade): For a bullish trade, a good entry point would be on a sustained move above the immediate resistance zone near 2833 to 2850. Confirmation of the breakout with continued volume support would reduce the risk of a false breakout. Traders can place a stop loss just below the breakout zone or the recent consolidation support around 2534.6 (S1) to protect capital in case the trend reverses. Once in the trade, the next resistance levels to watch are at R1 (2887.6), R2 (3019), and R3 (3240.6). Trailing stops can be used to lock in gains as the price moves higher, maintaining flexibility to ride the trend. Overall, this setup offers a high-probability opportunity to capitalize on the bullish momentum, with volume and price action supporting a sustained upward move in GRSE. ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:GRSELong
by simpletradewithpatience
3
EURUSD - FALSE BREAKOUT MAY TRIGGER CORRECTIONSymbol - EURUSD CMP - 1.1431 EURUSD is appreciating amid a weakening US dollar. However, the pair is facing significant resistance and exhibiting signs of a false breakout, which may precede a corrective movement. EURUSD is currently testing a key resistance zone within a distribution phase and displaying characteristics of a potential false breakout. While the broader market structure remains bullish - evidenced by the pair breaching local resistance and establishing new highs. The failure to sustain upward momentum and the price consolidating below the 1.1418 level may act as a catalyst for a correction. Concurrently, the US dollar is approaching a support level and may initiate a rebound, exerting downward pressure on EURUSD. Resistance levels: 1.1440, 1.1424, 1.1418 Support levels: 1.1384, 1.1343 Should the currency pair fail to establish a firm position above 1.1424 during the ongoing resistance retest, the likelihood of a downward consolidation increases, potentially presenting an opportunity for short positioning. The anticipated correction could extend toward the identified support zones before the broader uptrend resumes.
Short
by akshit_official
A notable recovery is observed in RVNL stock performanceAs per the current analysis, after a healthy correction from ₹647 to ₹305, the stock appears to be showing signs of a potential reversal on the upside. In my view, an ideal buying range lies between ₹410 and ₹420, with a suggested stop-loss at ₹350. The short-term target is estimated around ₹500, while the positional target is projected to be approximately ₹650. Disc: I AM NOT A SEBI REGISTERED. PLEASE CONSULT WITH YOUR FINANCIAL ADVISOR BEFORE INVEST ANY AMOUNT ON THE BASIS OF MY RESEARCH.
NSE:RVNLLong
by sidkpa
XAUUSD Gold Trading Strategy June 4, 2025XAUUSD Gold Trading Strategy June 4, 2025: Yesterday's trading session was as we predicted when the gold price adjusted to the support zone of 3330 - 3335 and then increased again according to the main trend. Currently, the gold price is accumulating in the 3340 - 3345 zone. If the gold price cannot break this support zone, it will continue to increase strongly. We continue to wait for trading points at the support zones of the gold price. Important price zones today: 3318 - 3323, 3340 - 3345 and 3400 - 3405. Today's trading trend: BUY. Recommended orders: Plan 1: BUY XAUUSD zone 3340 - 3342 SL 3337 TP 3345 - 3355 - 3375 - 3400. Plan 2: BUY XAUUSD zone 3318 - 3320 SL 3315 TP 3323 - 3333 - 3353 - 3383. Plan 3: SELL XAUUSD zone 3403 - 3405 SL 3408 TP 3400 - 3390 - 3370 - 3350. Wish you a safe trading day and lots of profit.💗💗💗💗💗
OANDA:XAUUSD
by teefitgum
TRBUSDT SMC Chart Analysis – 4H Timeframe🚨 TRBUSDT SMC Chart Analysis – 4H Timeframe 🚨 What’s Happening? TRB is moving in a well-defined bullish structure — with multiple Breaks of Structure (BOS) and a confirmed Change of Character (CHoCH) from the lows. Smart Money appears to be in control — hunting liquidity and filling key imbalances. 🟪 4 Unfilled Fair Value Gaps (FVGs) on the Chart: 1️⃣ $52.5 – $53.0 → Being filled now — breakout or rejection zone 2️⃣ $45.0 – $49.0 → Major demand zone — perfect for re-entries 3️⃣ $39.5 – $42.0 → If deeper retrace comes, expect reaction here 4️⃣ $36.5 – $37.8 → Extreme demand zone — last line before structure shifts Equilibrium Zone: ~$48.50 This is the midpoint of the move. If price retests and holds → bullish continuation likely Upside Targets: 🔼 $56 → First resistance 🔼 $69–$70 → Weak High / Liquidity Target 🔼 Above $70 → Premium Price Zone for profit-taking Downside Risk? If price breaks below $45 structure, expect a pullback to $42 or even $37 FVGs. Smart Money Play: Smart entries are near FVGs. Exit targets near liquidity highs. Bias = Bullish unless structure breaks down. If TRB holds $48–49, expect a breakout toward $70. Drop your trade plan below! 👇
Long
by CryptoPatel
1
XAUUSD LONG 📈 GOLD OUTLOOK – A Technical Breakout and Macro Setup Converge 💹 As of June 3, 2025, Gold (XAU/USD) is poised for a potential bullish breakout, supported by both technical patterns and an impact-heavy macroeconomic calendar this week. 🔍 Technical Analysis Highlights: On the 4-hour chart, Gold has formed a symmetrical triangle pattern, indicating a potential breakout after a period of consolidation. A bullish breakout above the resistance zone (~$3,363 to $3,421) has been identified, and a retest of this zone could act as a confirmation of support. If this retest holds, the price action may rally toward the next key resistance near $3,502, with a larger upside potential extending to the $3,700–$3,750 range (marked in green). This scenario is based on a classic pattern breakout, supported by a strong base around $3,328 (green demand zone), which has held multiple times historically. 📆 Fundamental Backdrop (Economic Calendar): This week is loaded with high-impact US economic events that could significantly influence gold prices: 🗓 Key Events to Watch: June 4: JOLTS Job Openings (USD) – A leading indicator of labor market strength. June 5: ISM Services PMI (USD) – Market closely watches this for signs of economic resilience or slowdown. June 6: ADP Nonfarm Employment Change Unemployment Claims June 7 (Friday): Non-Farm Payrolls (NFP) Average Hourly Earnings Unemployment Rate These data points are critical for understanding the Federal Reserve's stance on interest rates. Weaker employment figures or dovish wage growth could boost gold prices by increasing expectations of rate cuts, making non-yielding assets like gold more attractive. 🧠 Market Interpretation: The convergence of a technical breakout with a volatile macro week presents a compelling setup: Bullish Case: Soft US data = weaker USD → gold strength. Bearish Risk: Strong jobs or wage data = Fed stays hawkish → USD strength → potential gold pullback to $3,328 zone. 📌 Final Thoughts: Gold remains a critical asset to watch this week. Traders and investors should keep an eye on key resistance retests and macroeconomic triggers. Risk management remains key in a week full of volatility. Would love to hear your views – are you bullish on gold this week? #Gold #XAUUSD #TechnicalAnalysis #Macroeconomics #TradingStrategy #FinancialMarkets #NFP #Forex #Commodities #TradingView #PriceAction
FOREXCOM:XAUUSDLong
by TheBull_7