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Gold mcx sell given at 96400 enjoy huge profit levels on chart 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:GOLD1!Short
by EquityCommodityMarketJaiPrakas
Gold sell given at 3360 , enjoy huge profit levels on chartHow 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
OANDA:XAUUSDShort
by EquityCommodityMarketJaiPrakas
XAU/USD ( Gold Spot ) 1 Day Chart Technical Analysis Based on Daily XAU/USD chart and current price action, here's a swing trade setup for both bullish and bearish scenarios: 1. Bullish Trade Setup (Breakout Play) Entry: Buy above $3,355 (confirmed breakout above descending trendline with a daily close and/or volume spike). Stop Loss (SL): Below $3,290 (just under the 50-day MA and trendline support). Target 1: $3,450 Target 2: $3,500 Target 3 (if momentum strong): $3,600+ Risk-Reward Ratio: Around 2.5:1 to 3:1 (depending on entry timing) Confirmation Tools: RSI breaking its own downtrend High volume breakout MACD crossover (optional) 2. Bearish Trade Setup (Breakdown Play) Entry: Sell below $3,240 (breakdown below the ascending support trendline). Stop Loss (SL): Above $3,300 (above the breakout candle or failed retest level). Target 1: $3,150 Target 2: $3,050 Target 3: $2,950–$2,900 Risk-Reward Ratio: Also 2.5:1+ Confirmation Tools: RSI below 40 and falling Strong red candle with volume Support break on lower timeframes (4H, 1H) Pro Tip: Watch for fakeouts or liquidity grabs around key trendlines. Best trades often come on the retest of the breakout/breakdown level.
OANDA:XAUUSD
by Tgfin
1
Gold fluctuates strongly, pay attention to key breakthroughs Yesterday, gold fluctuated slightly, and the daily line closed with a lower shadow hammer pattern, showing a downward recovery trend, with short-term bulls in the lead. Today, focus on the breakthrough of the upper pressure. If it breaks through the 3356-57 area, it may further test 3365 or even 3380-3415; on the contrary, if it rises and falls in the Asian session, it is necessary to pay attention to the support performance below. Technical analysis Daily level K-line pattern: small hammer line, showing strong buying support below. Indicator: MACD golden cross is initially established, STO overbought zone adhesion, indicating that bullish fluctuations continue. Key support: middle rail and moving average support 3303-3289, short-term MA5 support 3329. 4-hour level MACD dead cross opens, STO repairs downward, and there is a need for a short-term decline. Key support: middle rail and MA30 (3329-3318), lower rail and MA60 (3288-3265). Pressure: 3356-3365, breaking through will open upside space. Hourly level MACD crosses near the zero axis, STO moves downward rapidly, short-term weakness. Support focus on 3328-29, break down to 3320; pressure focus on 3342-50. Operation strategy Radicals go short at 3342-44, stop loss at 3354, target at 3331-3322, break to 3310-3290. Breakout and follow long If it stands above 3357, go long near 3350, stop loss at 3340, target at 3365-3380. Support level long position 3323-20 stabilizes short-term long (quick in and out), and wait and see if it falls below 3320. Summary Gold will maintain strong volatility in the short term. Pay attention to the possibility of a high and fall in the Asian session, and focus on the breakthrough direction in the European and American sessions. 3356-65 above is the key watershed for bulls, and 3320-30 below is the intraday strength and weakness boundary. In terms of operation, sell high and buy low at key positions, and follow up after the break.
FX_IDC:XAUUSD
by fdvdfvfddffdgfdg
GOLD TRADING INSIDE COMPRESSION ZONE WAITING FOR A CLEAR BREAK XAUUSD PLAN – MAY 27 | GOLD TRADING INSIDE A COMPRESSION ZONE – WAITING FOR A CLEAR BREAKOUT Gold continues to consolidate below the 3,364 resistance zone after a rejection late last week. The market is currently trading within a compression range, preparing for a breakout – but direction still depends heavily on macro triggers and technical structure. 🌍 MACRO CONTEXT: U.S. 10-year yields remain above 4.5%, keeping the dollar stable and applying short-term pressure on precious metals. The Fed’s cost-cutting moves and operational losses are raising deeper concerns about long-term monetary stability. Risk sentiment is mixed, and institutional money continues to flow cautiously into gold as a long-term value hedge, especially with equities showing signs of exhaustion. 📈 TECHNICAL OUTLOOK (H1): Price failed to break through the 3,345–3,364 resistance zone, triggering a pullback toward the mid-range. Key support around 3,311 is now being tested – a decisive level that could determine whether bulls can regain momentum or bears take control. If price breaks below 3,311, we could see a deeper dip toward the 3,298–3,288 demand zone, which may offer a better re-entry for buyers. On the upside, a confirmed break above 3,364 could open the door for a move into the Fair Value Gap toward 3,407. 🔹 TRADE SETUPS: 🔵 BUY SCALP Entry: 3,314 – 3,312 Stop Loss: 3,308 Take Profit Targets: 3,318 – 3,322 – 3,326 – 3,330 – 3,340 – 3,350 🔵 BUY ZONE Entry: 3,298 – 3,296 Stop Loss: 3,292 Take Profit Targets: 3,302 – 3,306 – 3,310 – 3,314 – 3,320 – 3,330 🔻 SELL SCALP Entry: 3,346 – 3,348 Stop Loss: 3,350 Take Profit Targets: 3,342 – 3,338 – 3,334 – 3,330 – 3,320 – 3,310 🔻 SELL ZONE Entry: 3,364 – 3,366 Stop Loss: 3,370 Take Profit Targets: 3,360 – 3,356 – 3,352 – 3,348 – 3,344 – 3,340 – 3,330 📌 Note: Price is trading in the mid-range of a larger structure. Best opportunities remain near the edges of support/resistance with confirmation. Avoid overtrading in the middle zone. Let the market come to your areas of value. 💬 If you found this plan helpful, Like + Comment + Follow for daily GOLD strategies from the MMF Team.
OANDA:XAUUSDShort
by MMFlowTrading
2
Gold breaks $3325 support. Uptrend faces challenge at $3315After strong rejection from broad descending Channel Resistance at $3365, Gold has broken minor ascending channel support at $3325 and dropped straight to $3290 Current price action faces immediate resistance at psychological zone $3300 followed by overhead resistance $3315 while any rebound attempts are likely to be challenged by critical barrier and turning point $3325-$3330 On the downside, immediate support sits at $3288-$3283 followed by $3277 below which $3250-$3240 would come next.
OANDA:XAUUSDShort
by SunilKumarDixitSKCharting
2
Elliott Wave Analysis – XAUUSD Trading Plan – 27th May 2025 📊 Wave Structure – XAUUSD – H1 Timeframe Price is likely in a corrective phase — wave iv (orange) — after completing five internal green waves within wave iii. During this correction, we’ve seen an abc zigzag form, followed by an unclear upward bounce. This gives rise to two key scenarios: 🔸 Scenario 1: Wave iv is complete The abc pattern is finished, and price appears to be forming an initial triangle structure. We could currently be in wave 2. 👉 A breakout and H1 candle close above 3343 would confirm the start of a new uptrend. In this case, prefer buying on dips. 🔸 Scenario 2: Zigzag correction is still ongoing Wave X seems complete, and price may now be developing wave Y — either as another abc or triangle. 👉 This scenario gets confirmed if price breaks below the wave c (green) low at 3324. 🎯 Wave Y downside targets (based on Fibonacci + Volume Profile): • Target 1: 3317 • Target 2: 3290 🔍 Momentum Analysis D1 Momentum has already confirmed bearish → Downside pressure likely to persist through the week. H4 Momentum is currently rising → Price could see a short-term rally or sideways action today. H1 Momentum is nearing oversold → We wait for it to flip to overbought. If price fails to break 3349, there may be room for a scalp sell. However, if 3349 is broken, wave X could extend further — or it might mark the start of a new bullish leg. We’ll reassess accordingly. 📌 Trade Plan Buy Zone: 3317 – 3314 Stop Loss: 3307 Take Profit 1: 3334 Take Profit 2: 3373 ✅ Only execute if H1 momentum shifts bullish. ❗ If this zone breaks, next buy opportunity lies around 3290.
OANDA:XAUUSDLong
by WavePoint_FX
Elliott Wave Analysis – XAUUSD – Plan for May 27, 2025📊 Price is likely in the middle of a wave iv (orange) correction, following the completion of a 5-wave structure (green) that formed wave iii. During this correction, an ABC zigzag pattern has already formed. The recent upward move remains unclear, which opens up two possible scenarios: 🔸 Scenario 1 – Wave iv is completed The ABC structure looks complete. Price appears to be forming a leading diagonal, currently in wave 2. A confirmed breakout above 3343 with a candle close would validate a new bullish trend → favoring Buy entries in line with the larger trend. 🔸 Scenario 2 – Ongoing zigzag correction (double structure) Wave X has completed, and price may now be developing wave Y (either an ABC or triangle pattern). This scenario is confirmed if price breaks below wave c (green) at 3324. 🎯 Wave Y Target Zones (based on Fibonacci + Volume Profile): • Target 1: 3317 • Target 2: 3290 🔍 Momentum Outlook: • Daily (D1): Bearish momentum confirmed → downside likely to dominate into the end of the week • H4: Momentum rising → short-term bounce or consolidation expected today • H1: Near oversold → watch for bullish reversal. If price fails to break above 3349, scalp shorts may be considered. However, a break above 3349 could mean wave X continues as an extended ABC, or a new bullish trend has started — to be updated accordingly. 📌 Trading Plan: Buy Zone: 3317 – 3314 Stop Loss: 3307 Take Profit 1: 3334 Take Profit 2: 3373 ✅ Only enter on H1 bullish momentum reversal ❗ If this zone fails, watch for the next Buy opportunity near 3290
OANDA:XAUUSDLong
by WavePoint_FX
Gold Analysis Update: Bulls Holding Strong Above 3330Gold has been holding steady above the major pivot level at 3330, with price action continuing to create higher highs and showing strong respect for the ascending trendline support. This tells us that the bulls remain firmly in control. Currently, there’s no major rejection around these levels, and the volume is still supportive of the move higher, with no clear signs of exhaustion yet. I’m also keeping an eye on the Fibonacci retracement levels visible on the chart: price is above the 0.786 mark at 3369 and could push towards the 1.0 level at 3436 if momentum remains strong.
OANDA:XAUUSDLong
by TheGoldenCircle
GOLD ($/oz) – Intraday Breakout Strategy📉📈 GOLD ($/oz) – Intraday Breakout Strategy 🗓️ Date: 27 May 2025 🔍 Instrument: XAU/USD (Spot Gold in USD) 🕒 Strategy Type: 15-Minute Candle Breakout 🔼 Buy Setup ✅ Buy Above: If a 15-minute candle closes above $3358 🎯 Targets: • $3370 • $3380 • $3390 🛑 Stop Loss: Below breakout candle low (set SL as per your risk profile) 🔽 Sell Setup ✅ Sell Below: If a 15-minute candle closes below $3333 🎯 Targets: • $3323 • $3313 • $3303 🛑 Stop Loss: Above breakout candle high (customize to your risk management plan) 📌 Note: • Wait for 15-min candle to close above/below breakout levels before entering. • Avoid false breakouts by confirming with volume or additional technical indicators. • Always follow strict risk management and use appropriate position sizing. ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Trading commodities such as gold ($XAU/USD) involves significant financial risk and may result in capital loss. Past performance is not a guarantee of future results. Always consult a certified financial advisor before placing real-money trades. You are solely responsible for your trading decisions. 💵 Trade responsibly. Protect your capital.
FOREXCOM:XAUUSD
by ramkkyy
Gold Trading Strategy for 27th May 2025📈 GOLD ($/oz) Intraday Levels – 27 May 2025 💰 XAU/USD – Price Action Based Strategy 🔸 Buy Above $3280 🎯 Targets: • $3300 • $3315 • $3330 🔸 Sell Below $3236 🎯 Targets: • $3215 • $3200 • $3180 📊 Use strict Stop Loss and proper Position Sizing as per your risk appetite. ⚠️ Disclaimer: This is not financial advice. The information provided is for educational and informational purposes only. Trading in commodities like gold ( OANDA:XAUUSD ) involves significant risk and may not be suitable for all investors. Always do your own research or consult a qualified financial advisor before taking any trades. Past performance is not indicative of future results. 💵 Trade smart. Protect your capital.
TVC:GOLD
by ramkkyy
Gold Trading Strategy, May 26-27✅Today, gold reached a high of 3356, and then fell under pressure. During the European session, the market's risk aversion cooled down, and the price of gold continued to fluctuate and fall. After the gap-down opening, the price of gold failed to effectively recover the lost ground, showing signs of continued correction. The US session was closed early due to the holiday, and the volatility may be limited, but the overall weak structure has not changed. ✅From the 4-hour chart, gold was blocked and fell near the upper track of the Bollinger Band, and the price fell to the lowest near the middle track of the Bollinger Band (3323), which was also the starting point of the rise last Friday, and has a certain support significance; In terms of short-term moving averages, MA5 and MA10 formed a dead cross, indicating that short-term shorts are dominant; the long-term moving average runs above the medium-term moving average, and the overall trend is flat, indicating that the market tends to fluctuate and correct. The RSI indicator fell from the overbought area and is currently running near the neutral area, indicating that there is still room for downward movement. ✅From the 1-hour chart, gold has twice surged to 3365 in the short term and then fell back under pressure, forming an obvious double-top pressure; the current rebound pressure is at 3342, corresponding to the downward trend line pressure; if the 3320 support is lost, the further downward target may point to the 3300 integer mark. 🔴Upper resistance: 3342-3350 - short-term rebound suppression zone, which can be used as a reference for short orders; 🟢Lower support: 3300-3305 - previous key support, pay attention to whether it can effectively stop the decline. ✅Intraday trading strategy: 🔰If the rebound reaches 3342-3350 area and encounters resistance, you can arrange short orders with a light position and set the stop loss above 3356; 🔰If it breaks below the 3320 support, the short momentum may be further strengthened and you can follow the trend; 🔰If it falls to 3300 area without breaking and a stop decline signal appears, you can try to go long with a light position
OANDA:XAUUSD
by GoldTradingMasterMentor
Gold Spot (XAU/USD) on the 1D timeframe Technical Analysis The chart you've provided for Gold Spot (XAU/USD) on the 1D timeframe shows a symmetrical triangle pattern, which typically indicates a potential breakout or breakdown as the price approaches the apex. Here's a detailed analysis: Technical Analysis: Pattern: Symmetrical Triangle Resistance (upper blue line): Downtrend line connecting lower highs. Support (lower blue line): Uptrend line connecting higher lows. The price is currently near the apex of this triangle, indicating a breakout/breakdown is imminent. Indicators: RSI (Relative Strength Index): Currently around the neutral 50–60 zone. Slightly bullish momentum building. Price vs. Moving Averages: Price is above the short-term and mid-term moving averages. Bullish alignment with support from 20 EMA (green) and 50 EMA (black). Scenarios: 1. Bullish Breakout: Entry: Above $3,360–$3,370 (clean breakout with volume). Target: Measured move (Height of triangle): ~$400 Breakout Target = $3,370 + 400 = $3,770 Stop Loss: Below $3,300 (to avoid false breakout trap) 2. Bearish Breakdown: Entry: Below $3,300–$3,280 (confirmed candle close below support). Target: Measured move down: ~$400 Breakdown Target = $3,280 - 400 = $2,880 Stop Loss: Above $3,340 Summary: Pattern: Symmetrical Triangle Breakout Target: $3,770 Breakdown Target: $2,880 Watch for volume confirmation and candlestick structure at breakout/breakdown zones.
OANDA:XAUUSDLong
by Tgfin
1
Crude today pattern and news negative fall possible cancel TargtHow 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
NATURALGAS - Time to Move up?CMP: 3.4020 Price is trading closer to the 0.618 fib retracement (3.3780) AVWAP (On Daily TF) from the swing lows is placed at 3.4083 Price has been declining non stop without any meaningful pullback and I believe that the price will halt and reverse from here. On Daily TF, it has left 2 FVGs at the top. Price most likely to be pulled up to these levels before going down (if the trend is to go down). In my view, it is not a good idea to short at current levels of 3.4. Actually, it is a LRHR set up in the making for long trades. Daily chart with AVWAP Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
CAPITALCOM:NATURALGAS
by Murthy_Santhosh
2
XAUUSD: Bullish signals and a buying strategy.On monthly/weekly timeframe, prices have made a channel which is marked here as "Channel on higher timeframe". On small price action, the price is trading in the formation of a pennant. The breakout of this trendline resistance will take prices to the upper side target of $3390 and $3392. This trendline resistance influences the higher timeframe channel, making it a much stronger resistance whose breakout will give a good impulsive wave.
OANDA:XAUUSDLong
by AbsoluteAnalysis
Silver fall as said on Friday 97500 to 94000 rangeHow 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!Short
by EquityCommodityMarketJaiPrakas
Silver also falling as said on Friday 97500-94000 rangeHow 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
OANDA:XAGUSDShort
by EquityCommodityMarketJaiPrakas
As said on Friday 90% chances for gold fall same happened today 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:GOLD1!Short
by EquityCommodityMarketJaiPrakas
As said on Friday 90% chances for gold fall same happened today 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
OANDA:XAUUSDShort
by EquityCommodityMarketJaiPrakas
2