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Gold Trading Strategy for 10th June 2025📈 Gold Intraday Trading Strategy (XAU/USD) Effective for short-term trades | Timeframe: 15-min & 1-hour 🟢 Buy Setup – Bullish Breakout ✅ Entry Condition: Buy only if a 15-minute candle closes above 3351. 📌 Confirmation: Wait for the close, not just a wick or spike. 🎯 Targets: Target 1: 3362 Target 2: 3373 Target 3: 3384 🛑 Suggested Stop Loss: Below 3338 (recent swing low or structure support) 🔴 Sell Setup – Bearish Breakdown ✅ Entry Condition: Sell only if a 1-hour candle closes below 3319. 📌 Confirmation: Ensure candle body closes clearly below this level. 🎯 Targets: Target 1: 3305 Target 2: 3293 Target 3: 3281 🛑 Suggested Stop Loss: Above 3330 (recent swing high or resistance) ⚠️ Important Notes Use proper risk management – Do not risk more than 1–2% of your capital per trade. Confirm entry with volume, candlestick confirmation, or supporting technical indicators (e.g., RSI, MACD, trendline breaks). Avoid trading during high-impact news events unless you're experienced. 📜 Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Trading in gold or any financial market involves substantial risk, and you may lose your capital. Always do your own research and consult with a professional financial advisor before making trading decisions.
FOREXCOM:XAUUSD
by ramkkyy
4
Gold Trading Strategy for 09th June 2025🌟 GOLD INTRADAY STRATEGY – 09 June 2025 📢 I Expect a Trending Move Today ✅ Buy Setup 🔼 Buy Above: The High of the 1-Hour Candle that Closes Above $3330 🎯 Targets: 🎯 Target 1: $3343 🎯 Target 2: $3358 🎯 Target 3: $3372 🛑 Stop Loss: Below the low of the breakout candle or as per your risk rules. 📌 Entry Condition: Only after a strong 1-hour candle closes above $3330 – no early entry! ❌ Sell Setup 🔽 Sell Below: The Low of the 15-Minute Candle that Closes Below $3290 🎯 Targets: 🎯 Target 1: $3276 🎯 Target 2: $3261 🎯 Target 3: $3248 🛑 Stop Loss: Above the high of the breakdown candle or as per your risk tolerance. 📌 Entry Condition: Wait for a 15-minute candle to close below $3290 to initiate short trade. 🧭 Pro Tip: Expect strong directional movement today. Trade with discipline, and avoid overtrading. Manage your lot size according to your risk profile. ✅📊 ⚠️ Disclaimer 📌 This analysis is shared for educational and informational purposes only. Trading in Gold ( OANDA:XAUUSD ) involves substantial risk and may not be suitable for all investors. Always do your own research or consult with a certified financial advisor. The author does not accept liability for any loss or damage.
THINKMARKETS:XAUUSD
by ramkkyy
2
Demand Zone spotted________________________________________ 📈 NATURAL GAS – Strong Demand Zone Identified, Bulls Eyeing Pullback Entry 📆 Date: June 9, 2025 🔍 Timeframe: 15-Minute ________________________________________ Demand Zone Bounce Possible – Setup Favorable for Pullback-Based Entries Natural Gas Futures are consolidating after a sharp move, and a well-marked intraday demand zone offers a potential bounce opportunity. Bulls may keep this area on watch for low-risk, high-reward setups. ________________________________________ 🔸 Demand Zone: ₹319.20 – ₹317.80 • Price previously bounced from this zone • Sharp move originated from this base • Acts as a cushion for any intraday pullback • Entry (Post Confirmation): ₹319.20 • Stop Loss: ₹317.00 🎯 Target Levels (Based on R:R) • Target 1: ₹321.8 (1:1) • Target 2: ₹322.8 (1:2) • Target 3: ₹323.7 (1:3) ________________________________________ 📌 Setup Notes • Demand zones often act as turning points — ideal for pullback trades • Aggressive traders may look for early entry with tight stop-loss • Conservative approach: Wait for bullish candles or volume spike inside the zone • Volume confirmation and price rejection from the zone add reliability • Structure favors intraday rebound if ₹317 holds with strength • Add-ons: RSI divergence or MACD crossover can improve conviction ________________________________________ ⚠️ Caution from Higher Time Frame (Daily Chart) • Price is still below major resistance near ₹390–₹400 • Structure remains sideways-to-bullish with rising lows • A breakout above ₹330+ may change the trend bias • Avoid long trades if price breaks and sustains below ₹317 ________________________________________ ⚠️ Risk Management Tip • Always use pre-defined stop-loss — protect your capital • Don’t chase after the move — wait for price to enter the zone • Position sizing must match your personal risk profile • No setup = No trade — discipline is key ________________________________________ 📢 Disclaimer This content is for educational and informational purposes only. It is not investment advice or a buy/sell recommendation. Trading in the commodity market involves risk. Please consult a SEBI-registered advisor before trading. The author is not SEBI-registered and assumes no responsibility for financial outcomes. Always do your own research and risk management. ________________________________________ 👇 What’s Your View? Share Below • Watching Natural Gas for an intraday bounce? • Will the ₹317–₹319 zone hold strong? • What signals do you wait for before entering pullbacks? 💬 Let’s share insights and sharpen our edge as traders! ________________________________________ 🧠 Trade with Patience. Trade with Confidence. 🔔 Follow simpletradewithpatience for more such market insights! ________________________________________
MCX:NATURALGAS1!Long
by simpletradewithpatience
Crude updated currently at Resistance area 5550-60 avoid buying 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: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% 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 ). 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 ( 15.1% ) 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:CRUDEOIL1!Short
by EquityCommodityMarketJaiPrakas
Gold ,Momentum on MuteGold continues to trade within a well-defined range, showing no clear breakout or breakdown. Price remains trapped between the narrow range . Despite brief upward attempts, bearish pressure near the red trendline has kept the market capped this suggesting indecision as neither bulls nor bears have seized control. Unless we see a decisive break above 3330-40 area (previous support now resistance) red descending trendline or below the support region, price is likely to remain sideways and choppy in the short term. This remains a non-trading zone for directional traders. Better opportunities may emerge after a volatility expansion outside this range.
OANDA:XAUUSD
by TheGoldenCircle
GOLD PRICES STEADY AHEAD OF US CPI & TRADE TALKSSymbol - XAUUSD CMP - 3324 Gold is currently testing the liquidity zone during the Asian trading session, exhibiting signs of a potential false breakout. While the metal is showing signs of recovery, the broader fundamental backdrop remains uncertain. As of Monday, gold is trading steadily around the 3300 level, supported by a weaker US dollar and cautious sentiment among market participants ahead of upcoming US-China discussions and the release of US Consumer Price Index (CPI) data scheduled for Wednesday. Robust Non-Farm Payroll (NFP) figures for May have strengthened the dollar and diminished expectations for a near term FED rate cut. Nonetheless, ongoing domestic challenges in the US are exerting downward pressure on the currency. Investors are repositioning ahead of the CPI release. From a technical standpoint, the trend remains bullish. Although the price previously breached structural support, it has rebounded during the Asian session following a false breakdown of both the order block and the 3300 liquidity zone. Price action in the near term will be influenced by the 3300–3335 range. Resistance levels: 3325, 3343, 3375 Support levels: 3303, 3275 Gold appears to be approaching the 3325–3335 zone for a potential retest. Should the dollar continue to weaken and gold sustain a move above the 3340 level, the bullish momentum may persist. However, caution is warranted-a false breakout within the 3325–3335 area could signal a breakdown of the bullish structure and result in a renewed downward move.
OANDA:XAUUSDShort
by akshit_official
Elliott Wave Analysis – Trading Strategy Update | June 10, 2025 📊 Elliott Wave Analysis – Trading Strategy Update | June 10, 2025 Currently, the market is presenting multiple wave scenarios with nearly equal probabilities. To avoid noise and gain clarity, we are shifting our analysis to the H4 timeframe. 🔹 Key Price Zone As highlighted in yesterday’s update, the 3340 level remains a critical resistance. Price failed to break above this level and has since pulled back to 3307. 🔹 Momentum & Volume Profile - H4 Momentum: Just one more H4 candle and the momentum indicator will likely enter the oversold zone, suggesting that the bearish momentum is weakening. - Volume Profile: Price is clearly reacting at the green POC zone, with no signs of a breakdown yet. 🧩 Two Main Scenarios: Scenario 1: Wave 5 Continues Lower Price is potentially forming wave 5, with: 🎯 Target 1: 3290 🎯 Target 2: 3279 ✅ Confirmation: Break below 3294 ⚠️ Note: This is the most obvious scenario, and in trading, what’s most obvious often requires the most caution. Scenario 2: Correction Completed – Wave 3 Uptrend Forming - The black ABC correction has likely completed. - The recent upward move could be wave 1; the current pullback is wave 2. - Wave 3 is expected next. ✅ Necessary Condition: Price breaks above 3340 ✅ Sufficient Condition: Price breaks the top of wave b (black) ➡️ For this scenario, limit orders may not be effective — real-time confirmation will be required. 📉 Momentum Overview: - D1 Timeframe: Approaching oversold territory — likely to see a recovery over the next 5–7 daily candles. - H4 Timeframe: Also nearing oversold — an intraday bounce is expected today. 🎯 Trading Plan: 🔵 Buy Zone 1: Entry: 3292 – 3289 Stop Loss: 3282 TP1: 3306 TP2: 3340 TP3: 3375 🔵 Buy Zone 2: Entry: 3281 – 3279 Stop Loss: 3271 TP1: 3307 TP2: 3340 TP3: 3375
OANDA:XAUUSDLong
by WavePoint_FX
Silver 105600 Target hit premium members continuesly buying 95k 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: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% 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 ). 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 ( 15.1% ) 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:SILVER1!Long
by EquityCommodityMarketJaiPrakas
Sideways Gold, Stronger Dollar: A Pause Before the BreakGold attempted a bullish breakout recently but failed to sustain momentum and is now back within a consolidation zone between 3,250–3,350. The repeated failure to break above descending trendline resistance suggests weakening buyer strength. It is currently forming lower highs, indicating distribution or sideways movement rather than a clear rally. On the other hand, DXY has bounced from a key demand zone near 99.00, showing signs of short-term strength. It is now targeting the 102.60–104. resistance zone, which aligns with a Fibonacci retracement. If DXY continues higher, it could put pressure on gold prices in the near term. Given this context, it is wise to remain on the sidelines for the next 2–3 weeks and wait for one of two scenarios: 1. DXY rejection from the 102.60–104 area – This would support a bullish case for gold. 2. Gold breakout above 3,400 with strong volume or need another bounce from lower support area as marked on chart which can provide confirmation of bullish continuation. Until then, gold is likely to stay in a range or face minor downside due to DXY strength.
OANDA:XAUUSD
by TheGoldenCircle
GOLD IN SIDEWAY PHASE, WAITING FOR A BREAKOUT THROUGH KEY LEVELSXAU/USD TRADING PLAN 10/06/2025 – GOLD IN SIDEWAY PHASE, WAITING FOR A BREAKOUT THROUGH KEY LEVELS! 🌍 MACRO CONTEXT – FUNDAMENTAL ANALYSIS Geopolitical tensions and monetary policy: The market is currently in a wait-and-see phase, with major decisions pending from important meetings, especially statements from the Federal Reserve (Fed) and global conflict situations. These factors could have a significant impact on market sentiment and volatility in gold. Weak economic data from major economies such as the U.S. and the Eurozone indicates challenging economic conditions, leading investors to view gold as a safe-haven asset. Interest rates: Although the Fed continues its rate hike policy, financial market uncertainties could continue to support gold as a preferred asset class. 📉 TECHNICAL ANALYSIS On the M30–H1 timeframe, XAU/USD is currently moving within a rising channel. After the correction in Wave 4, gold has bounced back in the 335x region and is now preparing to confirm the next trend. Signals from EMA indicate accumulation, potentially setting up for a strong rally ahead. Key resistance levels: 3,338 – 3,345 (unexplored FVG region). If gold breaks above 3,345, a continued rise to 3,353 is highly likely. Key support levels: 3,282 – 3,275. If gold retests these levels without breaking them, the chances of a rebound are strong. 🎯 TRADE SETUPS FOR TODAY 🔵 BUY ZONE: Entry: 3,302 - 3,304 SL: 3,296 TP: 3,306 → 3,310 → 3,314 → 3,318 → 3,325 🔴 SELL ZONE: Entry: 3352 - 3354 SL: 3,358 TP: 3,348 → 3,344 → 3,340 → 3,330 → 3,320 ⚠️ NOTE: Risk management: Expect significant volatility as the market awaits important news this week. Wait for confirmation: Technical signals are for guidance; clear confirmation from the charts is needed before entering trades. 📌 CONCLUSION: Gold is currently in a sideway phase and may be preparing for a breakout if these key support and resistance levels are breached. Traders should monitor both macroeconomic factors and strategic price zones to make informed trading decisions.
OANDA:XAUUSDLong
by MMFlowTrading
Potential Breakdown with Retest or Reversal Zone This chart represents a classic Double Top pattern, a bearish reversal signal indicating strong resistance around the 3,380 - 3,390 USD zone (marked with two white circles). 🔍 Key Zones and Levels: 1. Resistance Zone (~3,380 - 3,390 USD): Price was rejected twice here. Suggests strong selling pressure and buyer exhaustion. 2. Mid Support/Retest Zone (~3,337.857 USD): Marked with a horizontal white line. Could act as a short-term resistance if price retraces. 3. Demand Zone (~3,330 - 3,337 USD): Highlighted green box: potential reversal/retest zone. Bullish scenario: price bounces from here and heads back to retest resistance. 4. Current Price (~3,309.980 USD): Price has broken below the demand zone and is approaching strong horizontal support. 5. Lower Support (~3,265 - 3,270 USD): Highlighted with blue horizontal lines and purple arrows. Could be the next bearish target if breakdown is confirmed. 🔄 Two Possible Scenarios: 📉 Bearish Continuation: Price retests the broken demand zone (now resistance). Rejects and forms a lower high. Falls toward the lower support around 3,265–3,270 USD. 📈 Bullish Reversal: Price reclaims the green demand zone. Pushes above 3,337.857 USD level. Heads back to retest the double top area (~3,380 ✅ Conclusion: The bias is currently bearish, supported by: Double top formation. Breakdown below key demand zone. Momentum favoring further downside However, a bullish reversal is possible if price reclaims the 3,337 USD zone and shows strong bullish structure.
OANDA:XAUUSD
by ZareeFxTradingAac
Waiting for the Breakout: Consolidation or Trend Continuation?XAUUSD – Waiting for the Breakout: Consolidation or Trend Continuation? Gold (XAUUSD) is trading within a narrowing range, building momentum after rebounding from the 3.276 support area. Despite short-term uncertainties, the overall macroeconomic landscape continues to favor bullish scenarios — though key resistance levels must be cleared to confirm continuation. 🌍 MACRO & MARKET SENTIMENT USD Weakness: The DXY continues to trade under pressure, increasing the appeal of non-yielding assets like gold. US–China Trade Talks: Ongoing high-level negotiations in London could either ease geopolitical tensions or fuel safe-haven demand, depending on outcomes. Global Risk Appetite: With US debt ceiling concerns still looming and the Fed showing hesitancy to cut rates soon, gold remains in focus as a hedge. 📈 TECHNICAL OUTLOOK (30M–H1) The price has formed a descending wedge structure and is hovering near key EMAs (13–34–89–200). A breakout above 3,334 could trigger a short-term bullish wave, while failure at this zone would likely lead to deeper correction toward 3,276 or lower. 📍 STRATEGIC KEY LEVELS Resistance: 3,334 – 3,336 – 3,362 – 3,390 Support: 3,300 – 3,276 – 3,250 🧭 TRADING SCENARIOS 🔵 BUY ZONE: 3,276 – 3,274 SL: 3,270 TP: 3,280 → 3,284 → 3,288 → 3,292 → 3,296 → 3,300 🔻 SELL SCALP: 3,334 – 3,336 SL: 3,340 TP: 3,330 → 3,326 → 3,322 → 3,318 → 3,314 → 3,310 🔻 SELL ZONE: 3,362 – 3,364 SL: 3,368 TP: 3,358 → 3,354 → 3,350 → 3,346 → 3,340 → 3,335 → 3,330 → 3,320 ✅ SUMMARY Gold remains in a critical range, and traders should focus on well-defined zones to capitalize on volatility. Use confirmation-based entries and respect risk parameters — especially as macro headlines and technical patterns align for a potential breakout.
OANDA:XAUUSDLong
by MMFlowTrading
Gold Analysis and Trading Strategy, June 10✅Today, gold continued its overnight decline at the opening, reaching a low of around 3302, and then rebounded near the technical support level. Overall, the current trend is still in a high-level oscillation pattern, and the market lacks clear unilateral momentum. ✅Fundamental support: Geopolitical risks are rising: Iran threatens to strike Israeli nuclear facilities, and the situation in the Middle East remains tense, supporting the market's risk aversion sentiment. The dollar index weakened: The US dollar is in the downward channel of the Bollinger Band, and the weekly and monthly lines are bearish, which indirectly supports the gold price. Gold ETF holdings increased: The world's largest gold ETF (SPDR Gold Trust) increased its holdings by 2.01 tons to 936.22 tons, reflecting the recovery of market risk aversion demand. ✅Market structure and technical position analysis 🔶The current gold price remains in the range of 3300-3345 US dollars. The overall structure is neutral and bullish, but lacks breakthrough momentum. CPI data becomes a key guide. 🔶The short-term moving average system suppresses the gold price, and the price falls under pressure near the middle track of the Bollinger Band. The gold price remains above 3300, indicating that the long and short positions are temporarily in a tug-of-war state. 🔶The short-term moving average is flat, MACD adhesion is weak, KDJ has signs of golden cross at a low level, and the technical side supports the expectation of oscillation and bullishness. 🔴Key support level: 3300. If it falls below the 3300 integer mark, pay attention to 3280 (strong support), which is an important opportunity area for longs to re-enter. 🟢Key resistance level: 3343. If it breaks, it will open up space to around 3363. ✅Trading strategy suggestions The European market strategy tends to be "volatile and bullish", and we should remain flexible: 🔰The aggressive Trader: consider placing long orders with a light position near 3302-3305, with a target of $3343 and a stop loss below 3289; 🔰The conservative Trader: it is recommended to wait for the price to pull back to around $3289 before entering the market to seek a technical rebound; 🔰Short order strategy: At this stage, we need to be cautious about shorting. If the price rebounds to the 3334-3345 range and is blocked and stagnant, we can consider short-term short orders and set a stop loss above 3350. ✅ Macro risk events: We need to pay close attention to the US CPI data for May released on Wednesday (Eastern Time). The market generally expects CPI to be strong. If the data exceeds expectations, it may strengthen the expectation of the duration of high interest rates, which will put pressure on gold prices in the short term.
OANDA:XAUUSD
by GoldTradingMasterMentor
1
XAUUSD – Shaky below resistance, clear bearish signal formingGold is showing signs of weakness after retesting the resistance area around 3,394 USD. The current price structure indicates a failed minor rebound – most likely a false breakout, suggesting the potential for another leg down. On the H4 chart, price has slipped below the EMA34 and is heading toward the EMA89 zone. If selling pressure continues, the next target will be the strong support around 3,167 USD. A break below this level could trigger a deeper decline toward the 3,114 USD zone. Notably, price action is forming a short-term “lower high” – a classic characteristic of a downtrend. The strategy now is to closely monitor the retracement zone around 3,320–3,330 USD for reversal signals, rather than trying to catch a bottom too early.
OANDA:XAUUSDShort
by Rocky_trade_
Natural gas not giving directional move better to avoid 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: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% 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 ). 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 ( 15.1% ) 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:NATURALGAS1!
by EquityCommodityMarketJaiPrakas
Gold Slips Below Key Zone – Will Bulls Regain Control?Gold continued to decline against the U.S. dollar (USD) on Friday, dropping toward the psychological level of $3,300 and breaking below its ascending channel after the U.S. Nonfarm Payrolls (NFP) report pointed to a recovering labor market. For the bullish trend to regain momentum, the price needs to break above $3,350 and then push through $3,370 – a resistance level highlighted by Friday’s volatility – to target the key $3,400 psychological zone once again. To achieve this, a short-term downside correction appears necessary.
OANDA:XAUUSDLong
by AnnieeForex
2
Gold sell given on premium channel at 99200, Booked at 96480How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% 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 ). 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 ( 15.1% ) 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!Short
by EquityCommodityMarketJaiPrakas
XAUUSD Analysis: Potential Pullback and ContinuationOANDA:XAUUSD is currently trading within a well-defined ascending channel, highlighting a sustained bullish structure. There is a possibility that price may revisit the lower boundary of the channel before resuming its upward trajectory. This dynamic support zone acts as a confluence area where a bullish reaction could emerge. A successful retest at this level may clear the path for a move toward the $3,500 mark, aligning with the channel’s median line and offering a technically sound upside target. However, a failure to hold above this dynamic support would suggest a potential loss of bullish momentum and may shift the short-term outlook to neutral or even bearish. Traders are advised to closely watch for confirmation signals—such as bullish engulfing candles, strong rejection wicks at the lower trendline, or a surge in volume on the rebound—before initiating long positions. Would love to hear your perspective—do you agree with this outlook, or do you see it differently? 🚀
OANDA:XAUUSDLong
by TrendThomas
1
XAUUSD – Reaccumulating below key resistanceGold is following the textbook pattern of a strong uptrend on the D1 chart. After bouncing from the support zone around EMA34 and EMA89, the price is continuing to consolidate just below the major resistance around 3,397.500 USD. What’s notable is that this level previously rejected price, so the current pause in momentum is understandable. However, as long as the price holds above the support zone around 3,171.600 USD – which aligns with EMA89 and the prior demand zone – the bullish structure remains intact. The most reasonable scenario now is to wait for a clear bounce from the EMA region or a confirmed breakout above resistance. If a breakout occurs, the next target will likely be the previous high around 3,434.500 USD. On the news front, U.S. jobless claims have slightly increased this week, reinforcing expectations that the Fed will keep interest rates unchanged – an indirect boost for gold.
OANDA:XAUUSDLong
by Rocky_trade_