Futures market
GOLD/XAUUSD - EMA and AVWAP - Short term viewGold is bouncing off from AVWAP from April Swing Lows (2950)
For me, this bounce looks like B wave retracement and it could halt and reverse anywhere between 3370-3400.
The rejection point to look for are
50 period EMA on Hourly (Orange)
AVWAP from the Top (Green)
ivth wave (of A wave) top/swing high at 3385
Important Note: B waves can very well go past the Origin point of A; So, we cant rule out a run towards 3500-3600 levels too.
I have published a detailed analysis on Gold across multiple TF here
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.
Gold Rejection at 3500 :Signals Potential Top FormationGold finally showing strong signs of a potential top formation after an extended bullish run. After weeks of anticipation, yesterday's price action finally delivered a significant rejection candle at the psychologically important 3500 level, which could be the reversal signal we've been waiting for .
It's worth noting that in such strongly bullish rally, tops often take longer to form than expected (Which we already seen last week and this week), with both time and price extensions being normal market behavior. However, the rejection at 3500 combined with the current technical setup suggests we may finally be seeing the reversal pattern developing.
From a trading perspective, I'm now waiting for a confirmation candle(Follow up from last day candle) to validate that the top is in place. If we see follow-through selling pressure today or tomorrow, this could present an excellent swing short opportunity. The target remains the psychological support level at 3000.
Gold Faces 200 Pips Drop – Will It Recover or Continue Falling?Gold Faces 200 Pips Drop – Will It Recover or Continue Falling? 🔥📉
Market Overview:
Gold (XAU/USD) saw a sharp drop of nearly 200 pips yesterday, falling from the historic high of around $3500 to $3318. This marks the strongest correction in the recent bullish trend. The market is currently volatile, and the question is whether gold will find support at lower levels or continue its downward movement.
What’s Causing the Drop?:
Fed Rate News: The latest news from the Federal Reserve triggered strong profit-taking, which resulted in the sharp decline.
USD Technical Rebound: The USD has rebounded after significant losses, putting pressure on gold.
Market Sentiment Shift: Investor sentiment changed rapidly, leading to mass sell-offs.
Key Levels to Watch:
Support: 3300-3320 (Critical level for a potential bounce)
Resistance: 3378-3380 (Key resistance area)
Next Steps for Gold:
Support at 3300-3320: If gold holds above this range, a strong recovery could follow.
Break below 3300: A breakdown below 3300 may lead to further declines, potentially towards the next support at 3250.
Trading Strategy:
SELL ZONE:
3378 - 3380
SL: 3384
TP: 3374 - 3370 - 3366 - 3362 - 3358 - 3350
SELL ZONE:
3408 - 3410
SL: 3414
TP: 3404 - 3400 - 3396 - 3392 - 3386 - 3380
BUY ZONE:
3292 - 3290
SL: 3286
TP: 3296 - 3300 - 3304 - 3308 - 3312 - 3316 - 3320
Important Notes:
Risk Management: Due to high volatility, make sure to use appropriate stop losses (SL) and take profits (TP).
Watch for Key Levels: Pay close attention to the 3300-3320 zone for signs of a potential bounce or further breakdown.
Adapt to Market Movement: Given the uncertainty, stay flexible and adjust your strategy accordingly.
Conclusion:
Gold’s market is in a highly volatile phase. Key support and resistance levels will determine the next move. Keep a close eye on market reactions and act accordingly.
EW Counts on GOLD / XAUUSDThis chart is on monthly TF.
I have given two different counts to consider, both are cycle counts..
The green one originates from 1960s, while the pink one is from 2000s
If we are to consider the Green counts, then we are almost at the fag end of this upmove.. Maybe 3750-3800
But, if the pink count unfolds, then we are in for a much bigger move on the upside.. but even then, we are almost close to the 1.618 fib extension for the IIIrd wave up
So correction is imminent on both the scenarios..
The counts from 2016 are clear though.. here is the weekly chart with counts
Here is Daily
and here is 4 hour TF
Finally, on hourly
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.
Gold Trading Strategy for 24th April 2025Intraday Gold Trading Plan (Futures / Spot Equivalent)
(Time‑frame: 15‑minute candles | Suitable for active day‑traders only)
📈 LONG (BUY) SET‑UP
Condition Action
Trigger Enter long only if a full 15‑minute candle closes above ₹ 3 323.
Entry Place a buy stop‑order 1 tick above the high of that qualifying candle to avoid false breakouts.
Targets 1️⃣ ₹ 3 331 → 2️⃣ ₹ 3 339 → 3️⃣ ₹ 3 349 (trail stop once each target is hit).
Initial SL Below the low of the trigger candle or ₹ 3 314 (whichever is tighter).
Trade Management - Move stop‑loss to breakeven after Target 1. \ - Lock in partial profit (25‑30 %) at each target. \ - Close any remainder at Target 3 or by market close.
📉 SHORT (SELL) SET‑UP
Condition Action
Trigger Enter short only if a full 15‑minute candle closes below ₹ 3 253.
Entry Place a sell stop‑order 1 tick below the low of that qualifying candle.
Targets 1️⃣ ₹ 3 240 → 2️⃣ ₹ 3 230 → 3️⃣ ₹ 3 220 (trail stop as you go).
Initial SL Above the high of the trigger candle or ₹ 3 262 (whichever is tighter).
Trade Management - Shift SL to breakeven after Target 1. \ - Scale out at each milestone. \ - Square‑off remaining lots at Target 3 or by market close.
Risk‑Control Checklist ✅
Position Size: Risk max 1 % of trading capital per trade.
News & Volatility: Stand aside during high‑impact economic releases (e.g., U.S. CPI, FOMC).
Platform Sync: Confirm price feed (₹ quotes) matches your broker’s contract specifications.
Session Cut‑off: Close all intraday positions 15 min before the official market close.
Review: Log every trade (entry, exit, rationale) for continuous improvement.
⚠️ Disclaimer
This information is for educational purposes only and does not constitute financial advice or an offer to buy or sell any security or derivative. Trading in commodities, futures, and derivatives involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. You are solely responsible for your trading decisions, including the evaluation of your personal risk tolerance, financial situation, and consultation with a certified financial professional. Neither the author nor this platform accepts liability for any loss or damage arising directly or indirectly from the use of this content.
Gold Scalping Strategy Using Trend MatrixTitle:
Gold Scalping Strategy Using Trend Matrix: Enter When 21/24 Signals Align!
Looking to scalp Gold (XAUUSD) with high conviction trades?
This setup based on the Trend Matrix Multi-Timeframe Dashboard by TechnoBlooms is built exactly for that!
⸻
Core Idea:
→ Enter the trade when 21 or more out of 24 signals show the same direction.
→ Exit when 5 or more signals start to diverge.
This makes it simple to trade with confidence — avoiding noise and fake moves.
⸻
Chart Setup:
• Asset: XAUUSD
• Timeframe: 1-Minute (scalping)
• Tool: Trend Matrix MTF Dashboard
• Dashboard Coverage:
• 6 Indicators × 4 Timeframes = 24 total trend signals
• Timeframes: 1M, 3M, 5M, 15M
⸻
Why This Works:
The dashboard combines multiple high-quality trend indicators and compresses their multi-timeframe output into a clean visual grid. It’s perfect for scalpers looking for fast, reliable trend alignment.
⸻
What Each Indicator Shows:
• MACD – Momentum and crossovers
• EMA – Dynamic support/resistance zones
• RSI – Strength and overbought/oversold confirmation
• Bollinger Bands – Volatility and breakout signals
• Supertrend – Clean trend direction
• PVT (Price-Volume Trend) – Volume-supported price moves
⸻
How to Use This Strategy:
1. Wait until 21 or more cells show the same direction (either ▲ or ▼).
2. Enter in the direction of the dominant signal.
3. Continue monitoring the dashboard.
4. Exit when 5 or more signals flip (less than 20 aligned).
5. Rinse & repeat!
⸻
This method filters out noise and gives scalpers a simple green-light/red-light system without switching timeframes constantly.
⸻
#GoldScalping #XAUUSD #TrendMatrix #ScalpingStrategy #TechnoBlooms #MultiTimeframeAnalysis #SmartScalping #PriceActionTools #DayTrading
GOLD PEAKS, BEARS PEEK IN - CORRECTION KICKS INSymbol - XAUUSD
Gold, having recently reached the psychologically significant level of 3500, has entered a corrective phase. This movement was partially driven by a slight de-escalation in the trade tensions between the United States and China.
Following a decline that did not reach the key support zone at 3288, gold prices began to rebound in early European trading hours, as market participants await the release of US PMI data. The precious metal had previously recorded an all-time high of 3500 but subsequently retreated, influenced by optimism surrounding potential easing in the US - China trade dispute.
The US dollar has also shown signs of recovery amid this correction. However, investor confidence remains cautious due to concerns over the unpredictability of President Trump. During this period of uncertainty, gold continues to consolidate in a corrective pattern.
Attention is now focused on the upcoming S&P Global PMI release, which may shape expectations for future adjustments in the US FED’s interest rate policy and influence the broader market direction.
Key Resistance Levels: 3340, 3360, 3366
Key Support Levels: 3317, 3288
From a technical perspective, gold remains within a corrective structure, maintaining a bearish outlook. Nonetheless, any unexpected statements from Trump could trigger renewed speculative buying. At this stage, a potential pullback from the 3340-3366 resistance range is plausible. Long positions may be considered either on a confirmed retest of support levels or upon a decisive breakout and close above 3370
Bullish Opportunity in XAUUSD Based on Technical AnalysisRetracement to Optimal Entry Zone: The price has retraced to a clearly defined "Optimal Entry" zone, suggesting an area of strong potential support where buyers may step in.
Confluence with Potential Support Level: This optimal entry zone appears to align with a horizontal support level around the 3,273.000 mark, increasing the significance of this price region.
Anticipated Bullish Impulse: The chart illustrates a projected upward price movement following the entry within the highlighted zone. This suggests an expectation of renewed bullish momentum.
Break of Downward Trendline: The price action shows a break above a short-term downward trendline originating from the recent highs. This breakout often signals a potential shift in momentum from bearish to bullish.
Targeting Higher Highs: The projected price path aims for significantly higher levels, potentially targeting the previous high around 3,487.824, offering a favorable risk-reward ratio.
Mr. AXAUUSD Analysis for Today
Overall trend: The price is correcting to a strong support zone around 3265–3270.
Main scenario: Waiting for price action confirmation at the support area to enter BUY positions, aiming for a 5–10 pip target.
If 3260 is broken, consider SELL opportunities towards deeper support zones.
Silver at Warzone – Breakout or Bloodbath? (XAG/USD D1 Analysis)Silver is trading at one of the most critical inflection zones in recent years. The chart shows a clear double top formation near the $33 mark (TOP1 & TOP2), but don’t be fooled — this setup could flip either way, with massive implications.
🔻 Bearish Outlook – Double Top Breakdown in Play
Price rejected twice at the same zone (~$32.5–33), forming a textbook double top.
If price breaks below $28.80 (neckline zone), it confirms the pattern.
Breakdown could lead to a violent drop with targets:
📉 $28.00 (psych level)
🎯 $22.73 (structural support)
🎯 $20.76 (macro base)
This setup aligns with a potential DXY bounce, tightening by the Fed, or global demand slowdown.
🟢 Bullish Flip – Breakout Above $33 Could Be Legendary
If Silver breaks $33+ with strong volume, the double top is invalidated.
This flips the narrative into a high timeframe breakout of a multi-year wedge.
Next targets open wide:
🚀 $36.00 (intermediate breakout zone)
🚀 $40–50 (parabolic rally territory)
Macro catalysts: Dovish Fed, USD weakness, or global geopolitical tensions.
⚠️ Final Take:
This is a binary setup.
Break below $28.80 = confirmed crash.
Break above $33 = breakout rally.
No middle ground. Watch price and ride the move.
📌 Trade the confirmation, not the prediction.
#Silver #XAGUSD #Commodities #PriceAction #TechnicalAnalysis #Breakout #TradingView #Metals #DoubleTop #Wedge #VolatilityAhead
Impulse Trading: The Silent Account Killer No One Talks AboutIntro:
You open the chart.
You see a strong candle.
You act.
No confirmation.
No structure.
Just instinct.
And at first? It works. A few good wins come in. You feel on top of the world.
But slowly, the wins fade, and losses snowball.
The setups look the same… but the outcome changes.
What’s happening?
Welcome to Impulse Trading — the hidden trap that takes most traders out without them even realising it.
The Impulse Trading Loop (And Why It Feels Right at First)
Impulse trades usually begin with:
• A strong candle
• A breakout
• A dump
• A tweet
• A spike
You enter quickly — “This looks strong.”
And it works.
Then again. And again.
Until… it doesn’t.
The difference?
You were never in control — just on the lucky side of volatility.
What Most Traders Miss:
Trading without:
• Structure
• Confirmation
• Context
• Risk-defined logic
…isn’t confidence.
It’s reactivity dressed as conviction.
Eventually, the market catches up to those habits.
The trades you used to win start reversing.
Stops hit. Emotions rise. Revenge trades begin.
And before you know it, discipline becomes optional…
…then forgotten.
The Psychology Behind It
Impulse traders don’t lack intelligence.
They lack pause.
They chase:
• Excitement
• Fast wins
• “One more entry”
• The rush — not the plan
The brain treats those trades like dopamine hits.
Every green candle feels like an opportunity.
Every red candle feels like a threat.
It’s not a strategy — it’s a response loop.
So How Do You Break the Loop?
✅ 1. Confirmation Over Reaction
Don’t ask, “Does this look good?”
Ask:
• Did price sweep a known liquidity level?
• Did structure shift?
• Is this near a valid zone (OB/FVG)?
• Is the session/timeframe aligned?
Let price qualify itself — don’t just react to its aggression.
✅ 2. Trade Less, See More
Impulse traders enter too much and observe too little.
Try this instead:
• Mark 2–3 key zones a day
• Set alerts
• Wait for price to come to you
It sounds boring — until your win-rate spikes.
✅ 3. Process First, Outcome Later
Good trades don’t always win.
Bad trades sometimes do.
But over time, only one side builds an account.
Focus on:
• Execution
• Risk
• Clean entries
• Post-trade review
That’s where real growth hides.
✅ 4. Respect the Market’s Pace
Not every candle needs your reaction.
Not every move is meant to be caught.
Sometimes, waiting is the edge.
Impulse says “now.”
Strategy says “not yet.”
Closing Thoughts:
Impulse trading feels like intuition…
…but it’s often just unfiltered emotion.
Real trading starts when you replace reaction with refinement.
Let others chase speed. You focus on precision.
Let others buy every breakout. You wait for the trap, the shift, the reclaim.
That’s the difference between an entry and an edge.
XAU/USD) orderblok key Support Analysis Read The ChaptianSMC Trading point update
technical analysis of Gold Spot against USD (XAUUSD) on the 1-hour timeframe. Here's a breakdown of the key ideas presented:
Chart Analysis Summary:
1. Price Zones:
Supply Zone (Resistance): Around the 3,355–3,365 level.
Demand/Support Zone (Doer Block Support Level): Around 3,282–3,291.
2. Current Price Action:
Price is currently at $3,331.96, close to the supply zone, and bouncing between the zones.
There’s a sharp downtrend, which seems to be slowing down near the support level.
3. Projected Move:
The chart suggests a short-term dip back into the demand/support zone, followed by a bullish reversal.
Target Point: A move back up toward $3,498.36, which is marked as a significant resistance.
4. Technical Indicators:
RSI (Relative Strength Index): Currently around 36.64 and recovering, suggesting potential bullish divergence or an oversold condition.
200 EMA: Around $3,291.52, providing dynamic support — aligning with the lower demand zone.
Mr SMC Trading point
Trade Idea:
Buy Setup (Long Trade):
Entry: Near 3,282–3,291 (support zone).
Target: 3,498.36.
Stop Loss: Below the support zone (~3,270).
Overall Idea:
This is a reversal-based setup. The price is expected to retest the support before launching a bullish leg toward the target. The confluence of the EMA, support zone, and RSI near oversold adds weight to the potential for a bounce.
Pelas support boost 🚀 analysis follow)
(XAU/USD) 1H Chart – Bullish Reversal Setup from RBS + RBR Zone1. Current Price:
$3,317.27
● Price is currently in a downtrend after a recent high.
● EMA (9) is at $3,333.80 — acting as dynamic resistance.
⚠️ Watch for potential reversal!
2. Support Zone:
📦 Blue box marked as "RBS + RBR zone!"
● This is a key support area where price might bounce.
● RBS = Resistance Becomes Support
● RBR = Rally-Base-Rally
● Expecting buyers to step in here.
3. Trade Idea:
● Buy near $3,280 - $3,270 (inside the support box)
● Stop Loss: ❌ Below $3,258.00
● Target: 🎯 $3,500.13
4. Risk-Reward Ratio:
● Target: 🟦 +205.62 points (6.25%)
● Stop: 🔻 Small risk below support
● Good R:R setup if price respects the zone!
Scenario Summary
📉 Price is retracing
⬇️ Approaching strong support zone
📈 Possible bounce to $3,500
✅ High-probability reversal area
❗ Manage risk with tight stop below zone
Gold price retracement, target 3250?Gold price retracement, target 3250?
As shown in the figure:
Gold price plummeted as expected. Although our short position failed to make a profit, we successfully avoided the risk of liquidation.
The increase in half a month reached an astonishing 500 points, and it fell back by nearly 200 points in less than two days.
However, from the overall structure, it is also a normal retracement point.
Obviously:
Strong support level: 3310-3320 (traders who have not changed their bullish thinking can use this area as a stop loss support level)
Strong pressure level: 3390-3400 (traders who hope to continue to be bearish can use this area as a stop loss pressure level)
I personally think: Without destroying the original bullish trend, the final expectation of this sharp decline will stay around 3250. After that, there will be a reversal and continue to return to the bullish trend.
Judging from the current trend.
I still maintain a bearish attitude.
My strategy:
Look for shorting opportunities in the 3380-3360 range, stop loss: 3390, target: 3320. If it can successfully break through 3320, the next target is 3250.
If it can smoothly fall back to the 3240-3260 range, I will regain my confidence in going long and continue to try the long idea.
Gold Slides on Trump Remarks — But Trading Opportunities RemainGold (XAU/USD) fell over 1% in early Asian trading on Wednesday, currently hovering around $3,333. The drop came after U.S. President Donald Trump clarified that he has no intention of firing Federal Reserve Chairman Jerome Powell.
Trump stated, "The media tends to exaggerate things. No, I’m not planning to fire him. I just want to see him take a more active stance in cutting interest rates." This comment signaled reduced pressure on the Fed, which weakened gold's safe-haven appeal for the short term.
Gold also showed signs of pullback due to developments around Russia-Ukraine peace talks and U.S.-China tariff negotiations. While the long-term bullish trend has paused, the current dip presents new trading setups worth considering.
💡 Suggested Trade Ideas:
SELL XAU/USD:
Zone: 3432–3435
🎯 Take Profit: 3405 / 50–300 pips
🛑 Stop Loss: 3440
BUY XAU/USD:
Zone: 3286–3283
🎯 Take Profit: 3323 / 50–400 pips
🛑 Stop Loss: 3278
Stay calm, read the price action, and make your move when the market enters key zones.
Happy trading and good luck out there! 💰
Gold Elliot Wave Counts - Possibility 2 (Weekly 3rd done)There are two possibilities in Gold. Possibility 1 shared in another post (Targets of Possibility 1: 0.236: $2056, 0.382: $2781)
As per Possibility 2 the spike move up was 5th of 3 and hence we have just completed a 3rd Wave in weekly time frame - ending the move from Oct 2023 lows.
In this case also, we can expect 0.382: 2850, 0.5: 2650.
Gold went up on account of multiple reasons, key of which being de-dollarization and buying by non US countries.
However, my sense is that the spike in price was on account of trades from institutions, which will get unwound when price starts correcting and fuel the correction on the way down.
The move in last 2 weeks was a typical parabolic move, which should mark the capitulation.
Probable Risk: The last move from April lows was just 1 of 5. Hence keeping SL of current high is important.
Breaking 3150 (0.618 of the move from April) should give us more confident that 5 is done.
Gold Elliot Wave Counts - Possibility 1 (Weekly 5th done)There are two possibilities in Gold. Sharing my favored possibility here. Will share possibility 2 in another post.
Gold went up on account of multiple reasons, key of which being de-dollarization and buying by Non US countries.
However, my sense is that the spike in price was on account of trades from institutions, which will get unwound when price starts correcting and fuel the correction on the way down.
The move in last 2 weeks was a typical parabolic move, which should mark the capitulation.
Hence, look for correction of entire leg up from Oct 22 bottom.
Targets: 0.236: $2056, 0.382: $2781
Probable Risk: The last move from April lows was just 1 of 5. Hence keeping SL of current high is important.
Breaking 3150 (0.618 of the move from April) should give us more confident that 5 is done.
XAU/USDPrice action trading is a methodology where traders make decisions based on the interpretation of actual price movements on a chart, rather than relying primarily on lagging indicators. It involves observing and analyzing candlestick patterns, trend lines, support and resistance levels, and volume to identify potential trading opportunities and manage risk. The focus is on understanding the story the market is telling through its price behavior.
Breakdown Below Breakout Zone Suggests Further DownsideGold (XAUUSD) continues to retrace after a strong rally, with price currently trading around $3,341.69. The chart highlights a clear rejection from the previously identified breakout zone between $3,372 and $3,396. This zone, once broken upward, has now acted as a supply region, triggering selling pressure upon retest. The market is showing signs of weakness as each attempt to reclaim the zone fails, and momentum builds on the downside with increasing volume.
As illustrated, price has now broken down below the breakout zone, retested it, and started forming a bearish structure. The day-trading target has been marked near $3,296, aligning closely with the next support zone at $3,294.22. If the bearish structure completes as anticipated, this level could be tapped within the session.
The outlook remains bearish until bulls reclaim and close above the $3,372 region. Until then, the path of least resistance appears to favor further dips, especially as intraday sellers are taking control. This setup remains valid unless the price sharply reclaims the yellow supply block above.
crude sell trade ideaWill sell crude when price 5522 sl marked and tareget 1 and target 2 marked reason for the sell is crude taking rejection from Supply Zone of Comex charts . our trading style is buy from demand zone and sell from supply zone . marked this levels keeping buffer according to comex charts .