Gold Breaks Trendline-Is 4,080 the Next Liquidity Target?Gold Eyes 4,080 — Breakout or Bull Trap?
Gold continues to recover after reclaiming its ascending channel, while the U.S. Dollar remains under pressure as traders price in the possibility of Fed rate cuts later this year. With Treasury yields stabilizing and risk sentiment improving, buyers are attempting to regain short-term control.
However, the market is now approaching an important institutional supply area where the next impulsive move could begin.
Market Structure
✅ Price has broken the previous bearish trendline.
✅ The ascending channel remains intact.
✅ Higher highs and higher lows continue to develop.
✅ Price is trading above immediate demand, confirming buyers remain in control.
From an SMC perspective, institutions appear to be repricing the market higher while targeting liquidity resting above previous highs.
Key Levels
🟢 Immediate Demand (FVG): 4,000 – 4,005
First mitigation zone for buyers.
Intermediate Resistance: 4,028 – 4,032
Potential intraday reaction area.
🔴 Internal Relief Retest: 4,058 – 4,062
Important supply zone where profit-taking may appear.
🎯 Primary Buy-Side Liquidity Target: 4,080 – 4,085
Main upside objective if bullish momentum continues.
The breakout above the descending trendline suggests institutional buying interest has returned.
Rather than chasing price higher, Smart Money often allows price to revisit mitigation zones before driving toward the next Buy-Side Liquidity pool.
The current structure continues to favor buying while the ascending channel remains intact.
Will Gold sweep Buy-Side Liquidity above 4,080 first, or revisit demand before the next impulsive rally?
Chart Patterns
Ajanta Pharma Ltd📈 Ajanta Pharma Ltd. (1W) – Multi-Year Breakout Signals Strong Bullish Momentum 🚀
Ajanta Pharma has delivered a decisive breakout above a major multi-year resistance zone, marking a significant shift in its long-term trend. After spending a long period consolidating below resistance, the stock has finally broken free, indicating that buyers are back in control. 👀
🔍 Technical Highlights
✅ Breakout Above ₹3,495
The stock has convincingly crossed the ₹3,495 resistance zone, a level that had repeatedly acted as a strong supply area. This breakout signals renewed strength and improves the long-term technical outlook.
✅ Strong Bullish Structure
Following a prolonged consolidation, Ajanta Pharma has established a clear pattern of higher highs and higher lows, confirming a healthy and sustainable uptrend.
✅ Momentum Supported by Strong Buying
The breakout has been accompanied by consecutive bullish weekly candles, reflecting sustained buying interest and increasing market participation rather than a one-week spike.
🎯 Measured Move Projection
If the stock sustains above ₹3,495 on a weekly closing basis, the measured move projects a potential rally towards the ₹4,650 zone, offering an upside of approximately 30–32% from the breakout level.
⚠️ What Traders Should Watch
🔹 A weekly close above ₹3,495 would strengthen the breakout confirmation.
🔹 Any healthy pullback that successfully retests ₹3,495 as support would reinforce the bullish setup and provide a higher-probability continuation opportunity.
🔹 While momentum remains positive, avoid chasing extended rallies. Waiting for confirmation or a controlled retracement often provides a better risk-reward.
📌 Key Levels
🟢 Breakout Level: ₹3,495
🛡️ Major Support: ₹3,250 followed by ₹3,000
🎯 Potential Target: ₹4,650
💡 Final Thoughts
Ajanta Pharma has emerged from a prolonged consolidation with a convincing breakout on the weekly chart. As long as the stock sustains above the ₹3,495 breakout zone, the technical structure remains firmly bullish, with the ₹4,650 region emerging as the next major upside objective.
📢 Do you think Ajanta Pharma is beginning its next long-term rally, or will it revisit the breakout zone before moving higher? Share your views below! 👇
Nifty 50 Index • 2h • NSE• REVERSAL AREA: This is the upper shaded rectangle, positioned around the 24,450–24,500 level. In technical analysis, this represents a resistance zone. The arrows pointing down from this zone suggest that if the price rises and touches this area again, it may face selling pressure and reverse downward.
• CENTRAL ZONE: This is the lower shaded rectangle, sitting around the 24,150–24,200 level. This is currently acting as a pivot or support/resistance range where the price has been consolidating. The arrow pointing downward from this zone suggests that if the price breaks below this level, it could signal further downward momentum.
Summary of the View:
The chart analyst is identifying key supply and demand levels. They are watching for a rejection at the upper "Reversal Area" or a breakdown from the "Central Zone" as potential bearish signals for the index. The lines and circles are tools used by traders to visualize these hypothetical scenarios.
DXY Technical Analysis: Anticipated Reversal at Supply ZoneThis 30-minute timeframe chart of the U.S. Dollar Index (DXY) illustrates a recent period of consolidation followed by an upward trend. The chart highlights a marked "Reversal Area" (a supply or resistance zone) between approximately 101.050 and 101.120. A shaded oval highlights a previous range-bound structure, suggesting that after the recent bullish momentum, the index is approaching a key technical level where the analysis anticipates a potential bearish reversal.
XAUUSD Short Setup: Trendline & H4-OB Resistance AlignmentXAUUSD (1H) – Bearish Confluence at H4 Order Block
Market Context & Technical Overview:
Gold (XAUUSD) is currently approaching a high-probability supply area following a series of structural shifts on the lower timeframes (CHoCH and MSS).
Key Technical Factors:
H4 Order Block (Supply Zone): Price is retracing directly into a strong 4-Hour Order Block, which acts as a strong point of interest (POI) for sellers.
Descending Trendline Confluence: The H4-OB intersects perfectly with a major descending trendline, adding double resistance confluence.
Market Structure: Previous structural breaks indicate that institutional sellers remain in control of the higher timeframe trend.
Trading Plan / Execution Strategy:
Sell Zone: Rejection at the H4-OB / Trendline confluence zone (~$4,060–$4,068).
Target (TP): ~$4,020 (Key support/liquidity pool).
Invalidation (SL): A sustained 1H/4H candle close above the H4 Order Block invalidates the bearish bias.
Day 4 - The 30 trade SeriesIn this series, we'll scan the markets each day in search of a very specific trend continuation setup. The objective is simple: take only 30 A+ quality trades that meet our criteria—no forcing setups, no unnecessary trades.
Once all 30 trades are completed, we'll analyze the results, review the statistics, and reflect on what we learned about the strategy's performance, execution, and consistency.
JAYNECOIND: Multi-Year Value Play & Deleveraging Cycle BreakoutOverview :
Jayaswal Neco Industries Limited (NSE: JAYNECOIND) presents a fascinating cross-section of fundamental undervaluation and multi-timeframe structural divergence. Trading around the ₹83.20 zone, the stock combines stellar operational turnaround metrics with a contested technical backdrop across short and long timeframes.
Fundamental & Valuation Analysis :
From a fundamental standpoint, JAYNECOIND stands out as a compelling value play within the metals and mining sector.
Earnings & Growth : The company delivered robust performance with revenue surging +22.2% YoY to $75.9B and net income skyrocketing +137.6% YoY to $5.6B. Net profit margins sit at a healthy 7.4%, outperforming the sector median.
Deleveraging : One of the most critical structural tailwinds is aggressive debt reduction, with total debt dropping nearly 45% over recent years (down to ₹21.1B in FY2025) alongside positive free cash flow generation of ₹8.24B.
Valuation Multiples : The stock trades at a heavy discount—its P/E of 14.3x sits 46% below the sector median of 26.4x, and its EV/EBITDA of 6.2x reflects a 58% discount compared to peers like TATASTEEL, JSWSTEEL, SAIL, and JINDALSTEL.
Technical Trend Direction & Momentum :
Timeframe Alignment : The technical picture is currently mixed. While short-term daily and 4-hour charts reflect localized corrective pressure and a "Sell" bias (RSI hovering near 37.8–46.3), the macro monthly chart signals a structural "Buy", aligning perfectly with the multi-year investment thesis.
Volume Profile : Price action is consolidating inside the core value area (₹68.78–₹92.89). The Point of Control (POC) sits at ₹74.26, acting as a natural volume magnet for any mean-reversion pullbacks.
Key Levels to Watch (1–3 Year Horizon):
Immediate Resistance : ₹84.49 (Fib 61.8%). A decisive weekly bar close above this resistance will confirm bullish acceptance and target the higher structural boundaries at ₹90.70 (Fib 50%) and ₹99.02.
Critical Support : ₹75.66 (Fib 78.6%) and the Value Area High (VAH) shelf near ₹72.61. Holding these levels ensures the broader multi-year macro structure remains intact.
Directional Bias & 1–3 Year Outlook : BULLISH (Value Accumulation / Long-Term Hold)
While near-term volatility and a lack of immediate analyst coverage create short-term friction, the combination of extreme valuation discounts, aggressive balance sheet deleveraging, strong cash flows, and positive earnings expansion establishes a strong 1–3 year structural tailwind. Accumulating on constructive dips toward major support or waiting for a confirmed weekly break above ₹84.49 offers an optimal risk-to-reward entry strategy.
Disclaimer : This analysis is for educational purposes only and does not constitute financial advice. Steel sector exposure involves cyclical volatility; always manage your risk and position sizing accordingly.
Gold Eyes 4,080 — Breakout or Bull Trap?> Yến:
Gold Eyes 4,080 — Breakout or Bull Trap?
Gold continues to recover after reclaiming its ascending channel, while the U.S. Dollar remains under pressure as traders price in the possibility of Fed rate cuts later this year. With Treasury yields stabilizing and risk sentiment improving, buyers are attempting to regain short-term control.
However, the market is now approaching an important institutional supply area where the next impulsive move could begin.
Market Structure
✅ Price has broken the previous bearish trendline.
✅ The ascending channel remains intact.
✅ Higher highs and higher lows continue to develop.
✅ Price is trading above immediate demand, confirming buyers remain in control.
From an SMC perspective, institutions appear to be repricing the market higher while targeting liquidity resting above previous highs.
Key Levels
🟢 Immediate Demand (FVG): 4,000 – 4,005
First mitigation zone for buyers.
Intermediate Resistance: 4,028 – 4,032
Potential intraday reaction area.
🔴 Internal Relief Retest: 4,058 – 4,062
Important supply zone where profit-taking may appear.
🎯 Primary Buy-Side Liquidity Target: 4,080 – 4,085
Main upside objective if bullish momentum continues.
The breakout above the descending trendline suggests institutional buying interest has returned.
Rather than chasing price higher, Smart Money often allows price to revisit mitigation zones before driving toward the next Buy-Side Liquidity pool.
The current structure continues to favor buying while the ascending channel remains intact.
Will Gold sweep Buy-Side Liquidity above 4,080 first, or revisit demand before the next impulsive rally?
> Yến:
TradingView MIND
Gold Breaks Trendline—Is 4,080 the Next Liquidity Target? 🚀
Gold has reclaimed its bullish channel after breaking the descending trendline, while a softer USD continues to support precious metals.
From an SMC perspective, buyers remain in control as long as price holds above 4,000–4,005 demand. The next key obstacle sits at 4,060, where Smart Money could engineer a short-term pullback before continuing higher.
If bulls maintain momentum, the market may target the 4,080–4,085 Buy-Side Liquidity zone.
📌 Bias: Bullish
🟢 Buy Zone: 4,000–4,005
🔴 Resistance: 4,060–4,062
🎯 Target: 4,080–4,085
Do you expect Gold to break straight into buy-side liquidity, or will Smart Money retest demand first?
XAUUSD: Breakout or Just Another Trap? XAUUSD: Breakout or Just Another Trap?
Market Context
Gold is trading around 4,024 after struggling near 4,000. The market is recovering from a recent decline, while the USD remains strong due to safe-haven demand and ongoing US-Iran tensions.
Although gold has broken out of a short-term downtrend, the overall structure is not fully bullish. A strong USD and Fed uncertainty may still limit upside.
Key point: buyers must hold the reclaim support zone for this breakout to stay valid.
Technical Structure
Gold has broken the descending channel with CHOCH and BOS signals, showing improving momentum.
Key support is 3,985 - 4,010. Holding this zone could push price toward 4,060 - 4,080.
If this support fails, price may drop back to 3,960 - 3,980.
The 4,060 - 4,080 zone is the first major resistance and reaction area.
Key Levels
Current Price: 4,024
Support: 3,985 - 4,010
Demand: 3,960 - 3,980
Target: 4,060 - 4,080
Resistance: 4,100 - 4,105
Bullish Above: 4,080
Bearish Below: 3,985
Trading Plan
Buy Scenario
Entry: 3,985 - 4,010
SL: Below 3,960
TP: 4,040 / 4,060 / 4,080
Buy Breakout
Entry: Above 4,080
SL: Below 4,040
TP: 4,100 / 4,120 / 4,140
Sell Scenario
Entry: 4,060 - 4,080
SL: Above 4,105
TP: 4,024 / 4,010 / 3,985
Breakdown Sell
Entry: Below 3,985
SL: Above 4,010
TP: 3,960 / 3,940 / 3,920
Overall Bias
Gold shows short-term recovery but remains fragile.
Holding above 3,985 - 4,010 keeps bullish potential toward 4,060 - 4,080. Losing this zone shifts control back to sellers.
Best approach: wait for confirmation at support or resistance. Avoid chasing below 4,080.
Will this breakout hold, or turn into another trap?
XAUUSD: Buyers Push, But Sellers Wait at 4,060 XAUUSD: Buyers Push, But Sellers Wait at 4,060
Market Context
Gold is recovering inside a short-term upward channel after reacting from the lower zone near the weekly bottom. Buyers are showing strength, but the market is not completely free yet.
Macro sentiment remains sensitive. US-Iran tensions can keep safe-haven flows active, while Fed expectations are still important for USD direction. Even if traders see a lower chance of an immediate Fed hike, the idea of a restrictive Fed later this year can still limit gold’s upside.
Key point: gold is bouncing, but the next test is the Seller’s Last Defense zone.
Technical Structure
Gold is trading around 4,044 after a strong rebound from the Smart Money Buy Zone. Price is moving inside a short-term bullish channel, supported by recent CHOCH and BOS signals.
The nearest resistance is 4,060 - 4,080. This is the Seller’s Last Defense area. If price reaches this zone and rejects, profit-taking or fresh selling pressure may appear.
The main support below is 4,000 - 4,010. This is the Bulls Must Hold zone. As long as price holds above this area, the recovery structure remains valid.
If 4,000 - 4,010 breaks, gold may return toward the Smart Money Buy Zone around 3,960 - 3,990.
Key Levels
Current Price: 4,044
Seller’s Last Defense: 4,060 - 4,080
Bulls Must Hold: 4,000 - 4,010
Smart Money Buy Zone: 3,960 - 3,990
Channel Resistance: 4,060 - 4,080
Bullish Confirmation: Above 4,080
Bearish Risk: Below 4,000
Trading Plan
Buy Scenario
Entry: 4,000 - 4,010
SL: Below 3,960
TP: 4,044 / 4,060 / 4,080
Condition: Price must pull back into the Bulls Must Hold zone and show bullish confirmation. Buyers need to defend the lower channel and keep forming higher lows.
Buy Breakout
Entry: Above 4,080
SL: Below 4,044
TP: 4,100 / 4,120 / 4,140
Condition: Price must break above the Seller’s Last Defense zone with strength, retest successfully, and hold above 4,080. Avoid chasing the first breakout candle without confirmation.
Sell Scenario
Entry: 4,060 - 4,080
SL: Above 4,100
TP: 4,044 / 4,010 / 4,000
Condition: Price reaches the Seller’s Last Defense zone and gets rejected. Bearish reaction from this area could trigger a pullback toward the main support zone.
Breakdown Sell
Entry: Below 4,000
SL: Above 4,025
TP: 3,990 / 3,960 / 3,940
Condition: Bulls Must Hold fails, retest is rejected, and bearish momentum continues. This would confirm that the recovery channel is weakening.
Overall Bias
Gold is recovering, but the market is now approaching an important resistance area. The short-term structure remains constructive while price holds above 4,000 - 4,010.
The key decision zone is 4,060 - 4,080. A breakout above this area can extend the recovery. A rejection may send gold back toward 4,010 or even 3,960 - 3,990.
Best approach: do not chase price into resistance. Wait for a clean reaction at 4,060 - 4,080 or a pullback into the Bulls Must Hold zone.
Will buyers break 4,080, or will sellers defend this zone and push gold back into support?
CMP: ₹8,885 | POLYCAB @ NSEThe Story So Far
Polycab spent nearly a year (mid-2025 to early 2026) building a base inside a rising channel between ₹7,000–8,300. In April–May 2026, price broke out of the range with a strong bullish marubozu and rallied vertically to an all-time high of ₹10,126 — a clean breakout + trend expansion move.
What's Happening Now
Post the ₹10,126 top, stock is in a healthy corrective phase — today closing -3.58% at ₹8,885. Price is now coming back to retest the breakout zone (~₹8,700–8,900), which was the earlier resistance and is now expected to flip into support. Classic role-reversal retest in progress.
Read
The correction from ₹10,126 → ₹8,885 is roughly 12% off the top — normal, not damaging, as long as the breakout zone holds. As long as ₹8,700–8,900 defends on closing basis, this is a textbook retest of a breakout — one of the highest-probability setups in technical analysis. Trend structure (higher-highs, higher-lows on the channel) is still intact.
Bias: Constructive above ₹8,700. Wait for a bullish reversal candle (hammer / bullish engulfing / inside-bar breakout) in the ₹8,700–8,900 zone with rising volume before entering. If ₹8,400 gives way, correction deepens toward ₹8,000 — still not a broken trend, just a bigger retracement.
Trigger: Behavior in the next 2–3 sessions in this zone will decide the tone. Reversal candle = long setup with SL below ₹8,400, target ₹9,500 → ₹10,126.
⚠️ Disclaimer: This is a personal technical view shared for educational and informational purposes only. It is not investment advice, buy/sell recommendation, or a solicitation to trade. I am not a SEBI-registered analyst. Markets carry risk; past chart patterns do not guarantee future outcomes. Please do your own research and consult a SEBI-registered financial advisor before taking any position. I / my family may or may not hold positions in the stock mentioned.
GOLD SEEKS TRENDLINE BREAK – RECOVERY MOMENTUM RISESGold continues to trade within a constructive recovery structure after successfully defending the 4000 support zone. The recent series of higher lows shows buyers are gradually regaining control, while bearish momentum continues to weaken following multiple failed attempts to push prices lower.
The market is now approaching the descending H4 trendline once again. This trendline has acted as dynamic resistance for several sessions, making it the most important technical level to watch. A decisive breakout above this area would confirm a shift in short-term momentum and increase the probability of a broader recovery.
The first upside objective remains the 4035–4045 resistance zone. If buyers can establish acceptance above this area, gold could extend toward the higher H4 resistance around 4070–4085, where stronger selling pressure may appear.
For now, the preferred approach is to continue buying pullbacks while price remains above the 4000 support. Scalping opportunities still favor the bullish side, but the higher-probability trade will come once the descending trendline is broken with strong momentum and volume.
📍 Key Levels
🔹 3995 – 4005
Primary support and preferred buying zone.
🔹 4035 – 4045
First resistance and breakout confirmation level.
🔹 4070 – 4085
Major H4 resistance and primary upside target.
🔹 Below 3990
A sustained move below this level would weaken the current recovery scenario and shift focus back toward range trading.
✅ Preferred Scenario
Gold continues holding above the 4000 support.
Buyers pressure the descending H4 trendline.
A confirmed breakout above 4035–4045 opens the way toward 4070–4085.
Continue favoring buy-on-dips until the market proves otherwise.
If resistance rejects price again, expect another short-term consolidation before the next breakout attempt.
XAU/USD Gold Setup – Precision Entry & TargetsSpot the opportunity in Gold! This chart highlights a defined entry zone, a clear stop-loss for risk control, and a target area for profit-taking. Perfect for traders who value structured setups with transparent risk‑reward. Follow this analysis to refine your trading decisions and stay ahead in the XAU/USD market.
This setup is designed for traders who value transparent risk‑reward and precise execution.
Is Nifty weak or strong?With the renewed tension in the middle-east, and oil prices rising again, Nifty is likely to remain under pressure.
The level 24261 was crucial Nifty just touched 24266 but could not close above it.
Any weakness below 24225 may take it down to 24125 and 24050 level for a retest.
SPX: Bearish Rejection & Potential Pullback to SupportSPX: Bearish Rejection & Potential Pullback to Support 📉
Description:
The S&P 500 (SPX) is showing signs of a bearish rejection at the upper supply zone on the 1-hour timeframe. After failing to sustain momentum above the recent high, the price has initiated a downward move, breaking below immediate structural support. We are now monitoring the development of this pullback as the index approaches the identified demand zones, which are likely to act as key support levels for potential stabilization or buyer intervention.
Key Structural Levels:
🔴 Major Resistance / Invalidation Zone: 7,560 – 7,585
📈 Current Reaction Level: 7,533
🔵 1st Support Objective: 7,460
🔵 2nd Support Objective: 7,348
Trading Perspective:
We are looking for a continuation of the current bearish flow toward the 1st Support zone. If the price fails to find significant demand at these levels, it could signal a deeper retracement. Traders should monitor price action closely as we approach these objectives to identify signs of absorption or reversal.
This analysis is based on technical structure and market behavior, not financial advice.
NIFTY- Intraday Levels :- 21st July 2026 NIFTY sustain above 24265 above this bullish then 24366/400 above this more bullish above this wait
If NIFTY sustain below 24213 then 24191/168 below this bearish below this more bearish the 24157/37 then 24108/103/086/79 last hope below this wait more levels are marked on chart
My view :-
"My viewpoint, offered purely for analytical consideration, The trading thesis is: Nifty (bullish tactical approach: buy on bip)
This analysis is highly speculative and is not guaranteed to be accurate; therefore, the implementation of stringent risk controls is non-negotiable for mitigating trade risk."
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Nifty Bank Trade Plan [21.07.2026: Tuesday]Probable Scenario Analysis and Trade Plan for the Nifty Bank Index NSE:BANKNIFTY for the 21st of July, 2026. The day is Tuesday.
🟢 Bullish Scenario
There is no observable bullish setup. The price must sustain above 58250. There might be a weak bearish move till 58500. The price will receive strong resistance at 58500. Next, if the price sustains above 58500, then a strong bullish move might emerge. The probable bullish target above 58500 would be 58750.
🔴 Bearish Scenario
There is no observable bearish setup. The price must decisively break down below 57500. Level 57500 is a strong support. Also, the monthly (July 2026) opening price is at 57573.35. Additionally, the weekly opening price is 57738.25. Therefore, the cluster around the zone of 57500 would act as strong support. It is not advisable to short unless there is a decisive breakdown below 57500. The probable bearish targets below 57500 would be - 57250 and 57000. Level 57000 would be a strong support. Next, if the price breaks down below 57000, then the probable bearish targets would be - 56750 and 56500.
🟡 No Trading Zone (NTZ): (58500 - 57500).
⏺ Range of Consolidation (ROC): (59000 - 57000).
Here, 58000 is the median of the ROC. The median works like an intraday sentiment evaluator. The price trading above the median would offer bullish sentiment, while the price trading below the median would trigger bearish sentiment within the ROC.
● Event
No high-impact event this week. One medium-impact event is the Euro Interest Rate Decision on 23rd July (Thursday). No holidays this week. There is Nifty 50 weekly expiry. Lastly, geopolitical issues are omnipresent.
● Intraday Bias
Establish intraday bias with respect to the opening price. If the price sustains above the opening price, then don't think of shorting. Look for bullish trades only. On the contrary, if the price sustains below the opening price, then don't think of going long. Look for bearish trades in that case.
● Chart Pattern Identified
"Rounded-Top" in the Weekly time frame. Maybe it is a sign of a trend reversal (bullish to bearish).
● Disclaimer + End Note
- All the analyses would fail in the case of a major gap up, gap down, or price structure anomaly. Thus, practice PRAGMATISM in the live session.
- Trade only if there is a set-up. Remember, not trading is an extension of the trading activity.
- Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Thus, trade what you see, not what you believe.
- Always PRACTICE RISK MANAGEMENT. Always PROTECT YOUR CAPITAL. Be RESPONSIBLE.
- Be Strategic. Be Courageous. Be Patient. Be Wise.
- Every day is a new day. Thus, do not carry the baggage of past successes or failures. Leave the gardens of winning and losing. Establish yourself in equanimity. Always think from a new perspective.
- Let the joy of trading drive your effectiveness, not greed or fear. Believe in Possibilities.
Happy Trading!
Retracement Perfect retracement setup. It is a 30-minute chart and the stock retrace is back towards the 200 EMA with a good trend because ADX is more than 18 so fairly trending and retraced back to the 200 EMA. It then fell down and broke the structure. After it broke the structure I would recommend entering at the 50% retracement level. I have indicated the exact level in the diagram and I have also put a stop loss and target with a 2:1 risk/reward ratio
GOLD: Relief Rally or Trend Continuation?Gold opened the week around the $4,000 level as markets continue to monitor the escalating U.S.–Iran tensions. Meanwhile, the U.S. dollar remains resilient, keeping pressure on gold prices.
The broader trend remains bearish, although a short-term recovery toward key liquidity zones cannot be ruled out before the next directional move.
📌 Trading Plan
Resistance: 4028–4043 | 4060–4070
Support: 3995–4000 | 3960–3970 | 3943 | 3900
📌 Personal View
✅ The preferred strategy remains selling rallies into key resistance zones.
✅ A recovery toward 4028–4043, or even 4060–4070, is possible before sellers regain control.
✅ A break below 3995–4000 could expose the next downside targets at 3960–3900.
For now, patience remains the best strategy until price confirms its next move.
📌 What do you think?
Is this just a relief rally before the downtrend resumes, or can gold build enough momentum for a stronger recovery?






















