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Gold mcx updated levels premium members holding buy trade fridayHow to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 11.4% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 21.4% to 23.6% range then early traders can make fresh reversals trade after breaking 1st D 11.4% safe traders can reversal trade after breaking Point D 21.4% to 23.6% range Targets : Target T1 : 35.1% to 38.3% Target T3 : 49.1% to 53.2% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 21.4% or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 11.4% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLD1!Long
by EquityCommodityMarketJaiPrakas
Gold comex updated levels premium members are holding buy trade How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 11.4% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 21.4% to 23.6% range then early traders can make fresh reversals trade after breaking 1st D 11.4% safe traders can reversal trade after breaking Point D 21.4% to 23.6% range Targets : Target T1 : 35.1% to 38.3% Target T3 : 49.1% to 53.2% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 21.4% or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 11.4% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
OANDA:XAUUSDLong
by EquityCommodityMarketJaiPrakas
Gold Intraday Levels – June 2, 2025🌟 Gold Intraday Levels – June 2, 2025 Stay alert to key breakout levels and manage your risk wisely. This strategy is crafted for intraday traders focusing on short-term price movements. 🟢 🔼 Buy Setup – Bullish Breakout Strategy ✅ Buy Above: $3323 🎯 Targets: 1st Target: $3335 🥇 2nd Target: $3350 🥈 Final Target: $3363 🥉 🛡️ Suggested Stop-Loss: Below $3310 📌 Strategy Insight: If Gold breaks above $3323 with strength and volume, it indicates bullish momentum. Look for confirmation from indicators like RSI crossing 50 or MACD giving a bullish crossover. Avoid entry during low liquidity hours (e.g., during Asia mid-session). Ideal for momentum and trend-following intraday setups. 🔴 🔽 Sell Setup – Bearish Breakdown Strategy ✅ Sell Below: $3271 🎯 Targets: 1st Target: $3250 🚨 2nd Target: $3235 ⚠️ Final Target: $3225 🛑 🛡️ Suggested Stop-Loss: Above $3285 📌 Strategy Insight: If Gold drops below $3271, it may trigger a short-term sell-off. Best confirmed with a bearish candlestick (e.g., Marubozu) and weakening momentum indicators like Stochastic or RSI < 40. Enter only if there’s follow-through volume and no sharp reversals near key support. 📘 Additional Trading Tips: 🔸 Trade with discipline—don’t chase breakouts without confirmation. 🔸 Use tools like Trendlines, Fibonacci levels, VWAP, or EMA 20/50 crossover for more confidence. 🔸 Always mark important zones like previous day’s high/low and pivot levels. 🔸 Follow U.S. economic data releases like Non-Farm Payroll, CPI, Fed statements which can significantly affect gold prices. 🔸 Exit trades near news time to avoid slippage or unexpected reversals. ⚠️ Disclaimer: This content is intended for educational and informational purposes only. It does not constitute investment advice or a recommendation to trade. Trading in gold or other commodities involves high risk, and past performance is not indicative of future results. Always consult a certified financial advisor before making any trading decisions. The author is not liable for any financial losses arising from the use of this information.
TVC:GOLD
by ramkkyy
Gold trading strategy and analysis next Monday✅Last Friday, gold hit a high of 3322 in the early trading and then fell back, with the lowest intraday price dropping to around 3271, indicating that bears gradually took the leading position. Although the overall trend may still fluctuate widely, the trend structure shows that the market has shown signs of weakening, and the short-term trend is still dominated by bears. ✅From the key position, the 3312 line is the position where the decline accelerated last week, and it is also an important short-term resistance level. If the gold price rebounds to this position next week and is under pressure, there is a possibility of falling back to 3270 or even 3245; on the contrary, if it breaks through strongly and stands above 3312, it is necessary to be alert to the market further reaching the previous high area, testing 3322-3325 or even higher points. ✅From the structure of the hourly chart, gold has maintained a fluctuating downward rhythm since the Asian and European sessions on Friday, and is obviously suppressed by the 3325 line. The strong rise on Thursday once induced the market to follow the trend and do more, but the subsequent rapid decline showed typical characteristics of washing the market, highlighting the intensification of the long-short game. At present, the 1-hour moving average system has turned downward as a whole, and an effective golden cross has not yet formed. The short-term short momentum is still accumulating. ✅In terms of trading strategy, it is recommended to continue to maintain the idea of ​​"shorting after rebounding and long after pullback" at the beginning of next week. If the gold price rebounds to the 3310-3315 range and continues to be blocked, you can consider relying on this area to arrange short orders in batches, and focus on the 3270 and 3245 first-line support. If the market shows signs of stabilization after a correction to the key support range, you can try to rebound with a light position in the short term. 🔴Resistance level: 3312-3315 🟢Support level: 3270-3245
OANDA:XAUUSD
by GoldTradingMasterMentor
XAUUSD (Gold/USD) – 4H Chart Technical Analysis XAUUSD (Gold/USD) – 4H Chart Analysis (Short) Pattern: Symmetrical triangle inside a larger bullish channel. Current Price: $3,289 RSI: Around 45 — Neutral zone, slightly bearish momentum. 🔎 Key Levels Resistance: $3,300 – $3,312 Support: $3,278 – $3,250 📉 Bearish Scenario (Breakdown) If price breaks below $3,278: Target 1: $3,230 Target 2: $3,180 Invalidation: Break back above $3,300 📈 Bullish Scenario (Breakout) If price breaks above $3,312: Target 1: $3,350 Target 2: $3,400+ ✅ Summary: Gold is consolidating. A breakout or breakdown from this triangle will determine the next strong move. Wait for confirmation.
OANDA:XAUUSDLong
by Tgfin
Elliott Wave Analysis – XAUUSD Trading Plan | June 2, 2025 🌀 Current Wave Structure On the H1 timeframe, wave 2 (black) appears to have completed as a zigzag pattern, with price reacting strongly after touching the 3272 level — signaling that the abc corrective wave (green) may be finished. Zooming into the M10 timeframe, the recent rally shows a 5-wave leading diagonal, indicating that wave 1 (red) is complete. Currently, price is in the pullback phase of wave 2 (red). 📍 The ideal correction zone for wave 2 (red) is around 3281, which is our key area to look for Buy opportunities. However, if price breaks below 3272, this wave count becomes invalid, and we’ll wait for a new setup aligned with deeper correction. 🔋 Momentum Outlook • D1: Momentum is preparing to turn bullish ⇒ supports the start of wave 3 (black) and a bullish outlook for the week • H4: Momentum is bottoming and about to reverse ⇒ supports wave 3 (red) forming in upcoming sessions • H1: Currently declining ⇒ expect early-session pullback. Watch for bullish reversal signals as long as 3272 holds for potential entries ✅ Trade Setup 🎯 BUY ZONE: 3282 – 3279 🛑 Stop Loss: 3272 🎯 Take Profits: • TP1: 3308 • TP2: 3324 • TP3: 3346 ⏳ Note: Price action around the 3272–3281 zone will be key to confirming whether wave 2 (red) is complete. If confirmed, wave 3 could begin with strong momentum — especially after breaking above 3296.
OANDA:XAUUSDLong
by WavePoint_FX
GOLD - RETESTING SUPPORT BEFORE THE NEXT CLIMBSymbol - XAUUSD CMP - 3327 Gold continues to strengthen, supported by a complex and evolving fundamental landscape. A false breakdown below the 3285 support level has facilitated a move to a new local high at 3365 Despite a weaker US dollar, gold experienced a modest pullback from the 3365 high amid subdued market activity caused by US market holiday. Investor sentiment reflects profit-taking ahead of key US inflation data releases. Additional downward pressure is linked to optimism surrounding a potential trade agreement between the United States, Europe and Japan. Nonetheless, the decline in gold prices remains limited, as safe-haven demand persists in response to ongoing geopolitical tensions, US fiscal concerns, and instability in the Middle East. Support levels: 3321, 3308, 3300 Resistance levels: 3363 From a technical perspective, gold appears to be executing a false breakout above consolidation resistance and is entering a corrective phase. During this correction, the price may target liquidity zones in the 3320-3303 range before resuming its upward trajectory.
OANDA:XAUUSDLong
by akshit_official
Why Emotional Trading Is Quietly Draining Your Account!Intro: You don’t need to blow up in one day to ruin your trading. Sometimes, the damage is slow. Silent. Emotional. And by the time you notice, it’s too late. You’re not losing because of your system. You’re losing because you can’t get out of your own way. Let’s talk about it. What Emotional Trading Looks Like (Even If You Don’t Realize It) • Entering because you’re bored • Doubling size after a loss to get back • Exiting early out of fear • Holding too long out of hope • Taking random trades because others are posting wins These aren’t strategy decisions. They’re emotional reactions wearing trading clothes. Why Emotional Trading Fails Always ✅ 1. You Abandon Logic Mid-Trade You have a plan… until the trade is live. Now you’re adjusting targets, skipping SLs, checking P&L every 30 seconds. It’s no longer trading. It’s managing stress, not positions. ✅ 2. You Start Trading Outcomes, Not Setups One win? You feel invincible. One loss? You question your entire edge. When every result triggers self-doubt or overconfidence — consistency dies. ✅ 3. You Become Addicted to Action You start equating screen time with progress. Let me just take one more trade becomes your daily trap. But activity isn’t productivity. And every emotional trade dilutes the quality of the one that mattered. The Real Cost of Emotional Trading • You blow good entries • You skip real setups • You revenge trade • You lose confidence • And worst of all — you train your brain to trust emotion over execution This isn’t a bad habit. It’s a silent account killer. How to Fix It (And Keep Your Sanity) • Build your rules and follow them like law • Limit your daily trade count • Journal what you felt, not just what you did • Take screen breaks during choppy hours • Ask before every entry: Is this system or emotion? Final Word: You don’t have to be perfect. But if your emotions are in control — your results will always be random. Real traders aren’t emotionless. They’re just disciplined enough to trade through the emotion not with it. Control the mind. Or the market will control you.
PEPPERSTONE:XAUUSDEducation
by sparkrlight
4
XAU/USD Technical Analysis: Major Levels, Market Structure, and 🔍 XAU/USD Technical Analysis: Major Levels, Market Structure, and Trade Ideas In this detailed analysis of XAU/USD, we highlight key supply and demand zones, dynamic trendlines, and the interplay of structural shifts to help traders navigate the current price action effectively. 🔴 Key Supply Zone (Week & Day A+ Selling Area) Location: Above 3,320- 3,330 Significance: This red zone has historically acted as a strong resistance area. Price has failed multiple times to break above it convincingly, suggesting institutional selling pressure. Implication: Any revisit to this zone could trigger bearish rejection, making it a key level for short setups. 🟢 Major Demand Zone (Week & Day A+ Buying Area) Location: 3,230–3,260 region Significance: This green zone has consistently provided support for price, as shown by multiple bounces from it. It suggests strong buying interest from institutions or large market participants. Implication: Traders can watch for bullish price action in this area to confirm potential long opportunities. 📈 Dynamic Trendlines 🔵 4H Down-to-Up Trend Line: This ascending trendline, drawn from major swing lows, suggests that the broader 4H market structure remains bullish. Use: Acts as dynamic support for possible bounces. 🔴 4H Up-to-Down Trend Line: This descending trendline captures the bearish structure in the 4H timeframe, connecting the lower highs and indicating ongoing selling pressure. Use: Functions as a dynamic resistance area. ✅ 15M Change of Character (CHoCH) This micro timeframe level marks a shift in sentiment from bearish to bullish, providing early confirmation for potential reversals or continuation plays. Use: Intraday traders can utilize this for short-term entries in line with the broader bias. 🔻 Monthly Low Level Location: Around 3,120 Significance: This level marks the lowest point in the recent monthly cycle and serves as a crucial support area for the broader trend. Implication: A break below this level would suggest further downside potential. 💡 Trade Scenarios 1️⃣ Bullish Scenario If price retests the Week & Day A+ Buying Area (3,240–3,260) and forms bullish confirmation (like a bullish engulfing candle or 15M CHoCH shift), a long trade could be initiated. Potential Targets: 4H descending trendline near 3,300 Week & Day A+ Selling Area above 3,320 2️⃣ Bearish Scenario If price reaches the 4H descending trendline or the selling zone above 3,320 and forms bearish rejection, shorts can be considered. A break below the 4H ascending trendline and the demand zone would open the door for deeper downside, with the ultimate target at the Month Low near 3,120. 📝 Conclusion XAU/USD is consolidating within a crucial range, balancing supply and demand forces. The dual-trendline structure signals a potential breakout in the coming sessions. Short-term traders can leverage the 15M CHoCH for early entries, while swing traders should focus on the interplay between the higher timeframe zones and trendlines. 📌 Reminder: Always wait for confirmation before entering trades and manage risk according to your trading plan. 🔔 Follow for updates! Let me know if you have any questions or want to discuss your own analysis. Happy trading! 🚀✨
FX_IDC:XAUUSD
by Jeet_mishra
3
Silver EW updateSilver update Patternfrom 31.66 low to top looks like ABC, A is ending at 32.72 and b is around 31.90, and C wave is a impulsive 5 wave pattern clearly visible, reason behind considering it ABC are 1-This ABCmove has an extention of161.8%, 2- after completion of C, it has retraced more than 50 % which made me consider it as ABC, another question might be raised as it can be LD, but as per rules of LD,LD can't have a 3rd wave touching or breaking 161.8%, so left with only choice of considering it as ABC, Considering ABC means price will be coming down in upcoming days. Lets see what unfolds in upcoming days.
OANDA:XAGUSDShort
by sanjayplayer1
1
How Smart Money Work (ICT) Inner Circle Trader@ Youriverse Accumulation, manipulation and distribution Eventually, this coiled energy resolved to the upside. BTC broke through the upper boundary of the accumulation zone with increasing volume and momentum, triggering a sharp rally and leading to the formation of a new all-time high. At that point, market sentiment turned decidedly bullish, with breakout traders entering the market, expecting continuation. However, the price failed to sustain above the previous ATH for long. Despite the breakout’s initial strength, Bitcoin was unable to establish a solid foothold above the critical psychological and technical level, which has now proven to be a key inflection point.
NSEIX:NIFTY1!Short
by EmotionalessTrading
1
Technical Analysis on XAU/USD (Gold vs USD) – Bullish Reversal 📊 Chart Overview: This chart of XAU/USD (Gold) on a lower timeframe shows a potential bullish reversal setup. The price action has formed a series of lower highs and lower lows, but now a bullish momentum is building up, suggesting a possible breakout to the upside. 🔍 Key Observations: 🟠 Swing Points Identified: The orange circles mark significant swing highs and lows, clearly outlining a recent downtrend. The latest swing low (bottom-right) shows a strong rejection with a bullish engulfing candle forming, indicating buyer interest. 📦 Demand Zone (Support Area): The grey rectangle near the lower region marks a demand zone where buyers have stepped in before. Price has reacted strongly from this zone again, validating it as a key support level. 📉 Resistance Turned Potential Breakout Zone: The red line (~3,291.416) represents a resistance level that was previously support. Price has broken above it and now appears to be retesting it, indicating a possible retest-confirmation for a bullish continuation. 🎯 Target & Risk Management: ✅ Entry: Confirmed breakout and retest around 3,291. 📈 Target: 3,364.819 (green zone above), based on previous resistance. ❌ Stop Loss: Below 3,267.772, the recent swing low. The setup offers a favorable risk-to-reward ratio. 🧭 Projection Path: The white arrowed path illustrates a likely pullback before continuation upward, suggesting a bullish structure if confirmed. ✅ Conclusion: Gold is showing signs of a bullish reversal from a well-defined demand zone, with a potential rally toward the 3,365 area. A successful retest of the broken resistance as new support would strengthen the bullish bias. 📌 Watch closely for confirmation candles on the retest before entering.
OANDA:XAUUSDLong
by ZareeFxTradingAac
Elliott Wave Analysis – XAUUSD H1 30/05/2025 🔍 Wave Structure Update As of now, price has broken above the X wave high and is undergoing a retracement. This is a positive signal, suggesting that Wave 1 (black) of the larger green impulsive wave may have completed. Currently, price is likely in Wave 2 (black) – offering a good opportunity to position for the upcoming Wave iii (green). Within Wave 2, we expect classic corrective structures such as zigzag or flat to form. Based on current price action, a short-term bounce followed by another leg down is anticipated to complete the corrective phase. 🎯 Potential Wave 2 Target Zones • Target 1: 3290 • Target 2: 3272 ❗ If price drops further to 3245, the assumption that Wave 2 has ended may be invalid. In that case, the broader correction could continue toward 3215 (Wave Y target). 📈 Momentum Outlook D1 Chart: Momentum shows signs of reversal to the upside – supporting a bullish bias for the coming week. H4 Chart: Momentum is weakening, suggesting price may move sideways or pull back today as part of Wave 2 development. H1 Chart: Currently oversold, indicating a likely short-term bounce or sideways movement to maintain this oversold condition until H4 also reaches oversold. 🧭 Trading Plan 🔹 Scalp Buy • Entry: 3291 – 3289 • SL: 3286 • TP1: 3306 • TP2: 3324 • TP3: 3346 🔹 Main Buy Zone • Entry: 3272 – 3269 • SL: 3262 • TP1: 3290 • TP2: 3324 • TP3: 3373
OANDA:XAUUSDLong
by WavePoint_FX
1