nifty ict analysis ICT Concept Analysis for Nifty 50 We had seen the accumulation (consolidation) phase early in the nifty, then we saw a manipulation phase in the nifty, looking forward we might see a distribution phase in nifty based on ICT Concept.Shortby mrwangden0
GOLD YEARLY TIMEFRAMEGold is currently enjoying a bullish momentum, retracing from its latest All-Time-High of $2450. I am anticipating that it will retrace and retest the $2000 zone and use it as support to continue its Upward move. However, this might not happen anytime soon since It has a tendency to print at least 3 bullish candlesticks after breaking a previous ATH. So, the bottom line is that the Bullish trend is still stable.Longby CJEP_130
Summer SebaticalI'm excited to share that I'll be taking a summer sabbatical to recharge. As a result, the newsletter will be on a brief hiatus. But don't worry, I'll be back in September, refreshed and ready to dive back into the markets with you. Wishing you a profitable summer!by spytradingpro221
GOLD FORECASTThe current analysis indicates a Bullish trend for OANDA:XAUUSD , provided it stays above the PIVOT LINE at 2329, and it's possible to touch 2355 as well then it'll start the bullish trend. The prevailing Bullish pressure suggests that if trading remains above 2329, the trend will continue a strong upward till 2376. otherwise stabilizing below 2329 will try to reach 2306. Key Levels: Bullish Line: 2355, 2376, 2397, 2412 Pivot Line: 2329 Bearish Line: 2306, 2281, 2306Longby RojBarwari2
Daily live trade with XAUUSD in 15m/30m/1h 20240530Daily live trade with XAUUSD in 15m/30m/1h 20240530Longby tradermongolia4
Gold Analysis 29/05/24If the unemployment claims data on Thursday comes in higher than expected, indicating more people are filing for unemployment, it might suggest a weakening job market. This could lead the Federal Reserve to consider pausing rate hikes or even lowering rates to support the economy. On the other hand, if the claims are lower than expected, showing a strong job market, the Fed might feel more confident in raising rates to combat inflation. They tend to balance between controlling inflation and supporting employment. The latest from the Federal Open Market Committee (FOMC) indicates that they're closely monitoring inflation and economic growth. As of their most recent meeting, they have signaled a cautious approach, suggesting they might pause further rate hikes to assess the impact of previous increases. However, they haven't ruled out future hikes if inflation remains high. The timing of any rate changes would depend on upcoming economic data, particularly inflation and employment reports. So, the possibility of a rate adjustment could come as early as their next meeting if conditions warrant it. Elliot waves : We're not at the wave 4 ( correction ) , i believe we still have another push down for gold , but i think we still have time to push more up b4 the drop for new LL , the confirmation for this is thursday when they release the unemployment claims data by TraderFa9irUpdated 3
Consider selling XAUUSD at the current price of 2337. Set Consider selling XAUUSD at the current price of 2337. Set your take profit levels at 2330, 2325, and 2320 to secure potential gains. If the trade moves against you, consider closing it at 2343 to limit losses with a stop loss at the same level.Shortby FOREX_trade_0111134
current price range of 2353/2356Consider selling XAUUSD at the current price range of 2353/2355. Potential entry points could be established within this range. Aim for three take-profit levels: 2350, 2345, and 2342, respectively. In case the trade moves against expectations, it's advisable to close it at 2360 to mitigate potential losses. This strategy ensures a structured approach to trading XAUUSD, maximizing potential gains while minimizing risks.Shortby FOREX_trade_01Updated 44142
XAU / USD 30 Minute ChartHello traders. We have news in an hour here in the US so I will probably wait to take a trade. I have marked my area of interest for the current 30 min chart. Looking to see if the current 30 min. candle stays above and does not break below the previous one. If we do form support and it holds at the 2333.43 area, then we may see some more upside. I am patiently waiting for a good entry. NY open is in 2 hours. Be well and trade the trend. Big G gets all my thanks. Let's see how things play out. by musclemilk00752
XAUUSD. The seller is aiming for 2326 and belowOn the daily time frame, a sideways movement has been forming since April 9th. The buyer’s vector 4-5 reached a new high. The key candle of vector 4-5 was on May 20th and is located at the top (highest volume, "tKC" on the chart). The seller absorbed this candle, and now the seller’s vector 5-6 is developing. The first target is 2326.515. On the hourly time frame, there is a short trend. The last seller’s impulse started from 2374.01. The price corrected to the 50% level of the last impulse (2364.498), and we see a strong seller’s continuation. It makes sense to look for sell opportunities above 2390 if the price returns there or from the defense of the trend by the seller. by AlexeyWolfUpdated 2
My next gold trade! It has been a while We have broken structure on the 10m+, I am waiting for a retracement for further continuation. Look out for the flip of structure on the retracement leg for double confirmation. Longby Trade-Journal2
In Platinum, Triangle formed. 1st Target 1882, 2nd Target 2763.Triangle Pattern formed in Platinum Future, wait for the Breakout. Because Breakout is the Confirmation market move to the Bullish Trend. And 1st Target price is 1882, 2nd Target price 2763. This is for Long Term Analysis. I want to help people to Make Profit all over the World.Longby SasikumarMani1
Gold Scalping IdeasThe current market offers good set ups for short trades in the support zone around 2330 and the resistance near 2348-2350. Although the overall trend on the 5-minute chart appears bearish, the recent price action suggests a potential short-term reversal. Scalpers can benefit from these quick trend changes, making short trades during downtrends and quick long trades during upswings.by PunishMeGrandma1
GOLD - Price can bounce down from resistance line to $2275Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price bounced from the support level, which coincided with the support area, and rose to the resistance area. Also then, Gold started to decline inside wedge, where it fell until to support line of this pattern, breaking $2310 level. Then price made a strong upward impulse to $2425 level, breaking $2310 level again, and exited from wedge too. Next, price made fake breakout of $2425 level and started to decline near resistance line to almost support level. At the moment, price continue to decline and I think that Gold can reach resistance line and then bounce down. After this, XAU can fall to support level, break it, and continue to decline to $2275 If this post is useful to you, you can support me with like/boost and advice in comments❤️Shortby WalterMoon229
TCS is forming the cup and handle patter in one day chartIf TCS forms the cup and handle pattern, it will fly and hit the target price of 4948, providing a 35% profit. Longby Umesh_chander0
Gold Either we're going back up to the Root / FVG / LRLR or Continuation to the 20 IPDA from somewhere here.by Cb98_0
GOLD NEXT MOVE TO 2390GOLD NEXT STOP TO 22390 ITS STRUSTURE SHIFTED AND RESPECTED OB and now its journey is upto where its bear breaking was started also on 1D it respected OB Longby noob_qasimUpdated 4
GOLD - at immediate resistance? Holding or not??#GOLD.. a perfect move as per our video analysis, congratulations to all followers. Now market near to his immediate resistance in hour chart. Keep close it and if market hold 2337 then a further drop expected from here. Selling invalidate above 2337.00 Good luck Trade wisely by AdilHussain731333Updated 333339
E-Mini AnalysisFor those of you trading futures, that's the analysis for today. We are still bullish. Soon we expect the market to break and go extremely hard in bearish. But we'll watch and see what happens. I'll keep you postedLongby TheNightB3
XAUUSD (GOLD) BUY ANALYSIS Here on Gold price has been moving down and made a rebound around a psychological level of 2,325.000 and now moving up this show that buyer has taken in place . So going for LONG is needed and targeting profits should be around a psychological level of 2,345.000Longby FrankFx140
Trendlines show the anglesits clear by looking at the trendlines that the price follows certain lines. if you find the correct lines you can find exactly where the price is heding. now the next price is aiming for 2355Longby jesuscrisissuperstar112
XAUUSD 15 MIN BULLISH xauusd 15 min head and shoulder patterns Lets see whats mkt hpn Longby Sandeepsingh550
XAU/USD 30 May 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS, expectation is for price to pullback. As previously mentioned, price was showing very early signs of pullback, however, we did not have indication or confirmation. I also previously mentioned that first indication, but not confirmation, would be for price to print a bearish CHoCH. The CHoCH line is denoted with a blue dotted line. Price has printed a bearish CHoCH which indicates, but not confirms pullback initiation. As previously mentioned, if price cannot sustain its bullish momentum, it may seek to mitigate the H4 demand zone below. Price was failing to break above discount of 50% EQ which could indicate the bulls are losing control momentarily or seeking further liquidity. As previously mentioned, I have started to map internal structure to gain a better understanding of price action. I mentioned that the blue dotted line will indicate an internal bearish CHoCH as price may pull back deeper to the extreme of the H4 swing low structure which is marked with a blue solid vertical line. Price has now printed a bearish CHoCH with price currently being contained within an internal range. Black EQ marked 0.5 is swing range. Blue EQ marked 0.5 is internal range. Intraday expectation: Scenario one: Price to continue bullish to target weak internal high which is denoted with a blue dashed line. Scenario two: Price to continue bearish and react at H4 POI below to then target weak internal high which is denoted with a blue dashed line. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a series of bearish iBOS' followed by a bullish iBOS. This could provide a very early signal that H4 pullback is now complete. Intraday expectation: Price to react at discount of 50% EQ or M15 POI to target weak internal high which is denoted with a blue dashed line. The internal low, which is also denoted with a blue dashed line to the bottom of the chart is expected to hold. M15 Chart: by Khan_YIK2