XAUUSD – The Bigger Bullish Structure Still Has RoomGold is currently moving through a corrective phase, but on the daily chart, the broader bullish structure remains constructive . Rather than focusing on every short-term fluctuation, I am watching whether the market continues to respect the structural support that has supported this advance since July.
The macro environment is creating a genuine tug-of-war. A hawkish Fed, elevated Treasury yields, and a relatively firm U.S. dollar remain headwinds for gold. At the same time, lower energy prices and persistent geopolitical uncertainty continue to preserve demand for gold as a defensive asset . This explains why upside momentum has slowed without producing a decisive breakdown in the larger trend.
From a structural perspective, 4,250 is the level that defines my bullish thesis . As long as the market continues to hold above this area, the recent weakness can still be treated as a correction within the ascending channel rather than the beginning of a broader reversal.
My roadmap is therefore based on structure rather than chasing price. If 4,250 remains protected, I expect buyers to eventually challenge the previous high again . A successful move through that high would then shift my attention toward the upper boundary of the ascending channel , which represents the next major objective within the broader trend.
For me, the idea is simple: 4,250 protects the bullish thesis; the previous high is the first objective, and the upper channel boundary is the larger target if momentum continues to expand.
Community ideas
XAUUSD — 4,300 Is the Weekly Magnet XAUUSD — 4,300 Is the Weekly Magnet
Gold is starting the new week in a tricky position. Price ended last week with a small recovery after three straight weeks of pressure, but the chart still does not look fully clean for buyers yet.
The main reason is structure. Gold has been moving inside a wider corrective environment, with repeated CHoCH and BOS signals showing both sides fighting for control. The latest recovery pushed price back toward the 4,360 area, but it is now slowing around short-term structure resistance. That tells me buyers are trying, but they have not fully taken control yet.
From the macro side, gold received some support from weaker crude oil prices, while the Fed rate hike to 3.75% - 4.00% came in line with expectations. That means the market may not react only to the rate hike itself, but more to the forward guidance: whether the Fed keeps a hawkish tone or starts showing signs of slowing down. For gold, that makes this week more about reaction zones than chasing one direction too early.
My main view for this week is a bearish pullback first, then watch for buyer reaction around discount. If gold stays below 4,380 - 4,400, I think price can rotate lower toward the FVG area around 4,320 - 4,300. That zone is important because it sits below the current structure and may act as the next liquidity magnet before buyers decide whether to defend the market again.
For newer traders, this is the simple story: gold may still recover later, but before a stronger upside move, the market often comes back to refill imbalance, sweep weak buyers, and test real demand. That is why I do not want to chase gold around 4,360. I would rather see how price reacts if it returns to 4,320 - 4,300.
If gold taps that FVG and shows strong rejection, then a recovery back toward 4,360 - 4,380 is possible. A clean break above 4,400 would make the bullish recovery more serious and could open the path toward 4,440 - 4,460.
But if 4,300 fails, the next downside pressure may extend toward 4,260 - 4,240. That would mean sellers are still controlling the bigger weekly structure.
Key Price Zones to Watch
Current price area: 4,350 - 4,365
Short-term resistance: 4,380 - 4,400
Bullish recovery confirmation: clean break above 4,400
Upside target if buyers regain control: 4,440 - 4,460
Main FVG / reaction zone: 4,320 - 4,300
Deeper support if FVG fails: 4,260 - 4,240
Weekly bearish pressure remains valid while price stays below 4,400
Main view: wait for gold to test the 4,320 - 4,300 FVG. A strong reaction there may support recovery, but failure to hold that zone can open another bearish leg toward 4,260.
Do you think gold will defend 4,300 this week, or will sellers use this recovery to push price lower again?
Pause Before further Leg ?Orient Hotels is currently trading in tight range after big rally. It is healthier and it will give best risk reward ratio. Once it moved from the tight range it is likely to give another leg of rally. Slow momentum can be seen until 160. It needs to cross this level for momentum.
Keep risk below tight consolidation.
educaitonal purpose only.
#BANKNIFTY Intraday PE & CE Levels(21/09/2026)Bank Nifty is expected to open flat around the 56350–56400 zone. The index has recovered from the 56050 support area and is now approaching the important 56400–56550 resistance zone. With price near 56350, the opening is likely to place Bank Nifty between immediate support and resistance, making confirmation important before taking a directional view.
On the bullish side, if Bank Nifty holds above 56050–56100, the recovery structure remains intact. Sustaining higher can take the index toward 56250, 56350 and 56450. The bigger confirmation would come above 56550; a sustained breakout there can open the next upside move toward 56750, 56850 and 56950+.
On the bearish side, 56400–56450 is an important rejection zone. If Bank Nifty fails to cross this area and selling pressure develops, the index can move back toward 56250, 56150 and 56050. A decisive breakdown below 55950 would indicate stronger weakness and can extend the decline toward 55750, 55650 and 55550.
For today's session, the broader 56050–56550 range remains crucial. Since the market is expected to open around the middle-to-upper part of this range, traders should be cautious about chasing the initial move.
Nifty50 analysis(21/9/2026).HOPE YOU HAVE A GREAT DAY.
CPR: Narrow + ascending cpr : Trending
FII: 599.54 bought
DII: 1,019.69 bought.
Highest OI:
CALL OI: 23500
PUT OI: 23300
Resistance: - 23600
Support : - 23300
conclusion:.
My pov
1.Almost neutral around 23300 , today expected to be trending due to cpr , so market expected to trade between 23500 to 23200.
2. 23300 seem huge support so price can be consolidate until the price breaks the MA line.
3. clearly saying, price is near bottom or not i don't know so we need a clear signs,
Psychology:
“We make war that we may live in peace.”
― Aristotle
note:
My point of view is fully towards technical not news driven , if global news affects the market my pov can be totally wrong.
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
Disclaimer:
Iam not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.+
BTC/USDT - Breakout Confirmed, Buyers Looks HigherBINANCE:BTCUSDT has finally broken the descending trendline and pushed back above the Ichimoku structure. The key area now is 79.7K–81.6K — if this former resistance holds as support, the breakout has room to develop further.
My bullish scenario stays active while buyers defend this zone:
🎯 Target: 85.3K
Macro Market: risk sentiment is improving as Asian tech shares rise and oil prices ease, which is supportive for Bitcoin. The main headwind is still higher US Treasury yields and expectations of further Fed rate hikes, so BTC needs to keep holding its breakout rather than slipping back below support.
A sustained H4 move below 79.7K would weaken the setup.
AURICVERSE View: this is the structure buyers wanted — trendline broken, price above the cloud, support being rebuilt. Hold 79.7K–81.6K and 85.3K becomes the next major level in focus.
XAUUSD — 4400 Is the Trap Zone XAUUSD — 4400 Is the Trap Zone
Gold gave us a messy week, but the story is actually pretty clear.
Earlier in the week, sellers were in control after price failed to hold the higher range. Every bounce was getting sold, and gold kept drifting lower toward the discount area. Then we saw the market defend the 4,235 - 4,280 zone, which created that short-term recovery into the end of the week.
But here is the part I don’t want to ignore.
This recovery is now pushing directly into a bearish mitigation area around 4,390 - 4,410. That is where trapped buyers from the previous breakdown may meet sellers again. Above that, the stronger HTF supply zone sits around 4,445 - 4,465. So even though gold bounced well from the lows, the bigger structure is still not fully repaired.
In simple SMC language: gold swept lower liquidity, bounced from discount, and is now retesting a zone where sellers may defend the trend.
The current price around 4,378 is sitting in the middle. Not cheap enough to buy. Not high enough to sell blindly. This is why patience matters here.
My main view is still bearish while gold stays below 4,410 - 4,465.
If price rejects from the bearish mitigation zone, I would expect a pullback toward the Bullish OB around 4,295 - 4,310. That zone is important. If buyers defend it, gold can build another bounce. But if price breaks below that OB, the next sell-side liquidity around 4,260 - 4,235 becomes exposed again.
For bulls to take real control, gold needs to break above 4,465 and hold. Without that, any move into supply still looks like a possible trap.
Key price zones to watch
Current price area: 4,378
Bearish mitigation zone: 4,390 - 4,410
HTF supply zone: 4,445 - 4,465
Main reaction support: 4,295 - 4,310
Lower sell-side liquidity: 4,260 - 4,235
Bullish confirmation: clean break above 4,465
Invalidation for bearish view: strong close above 4,465
For now, I’m reading this as a recovery into resistance, not a clean bullish reversal yet.
Do you think gold rejects from 4,400 first, or pushes into the HTF supply before dropping?
Critical Pivot Zone in Play for IREDA Rally!IREDA
The Catalyst: IREDA remains front and center for clean-energy portfolios, backed by a solid structural loan book growth, recent international credit ratings for its subsidiary, and upcoming AGM dividend approvals.
Actionable Strategy:
The Setup & Accumulation Zone (111.25 – 112.50):
The chart highlights a clear horizontal consolidation band between 111.25 and 112.50. Following a sharp downward correction mid-month, the price stabilized and is currently testing the upper boundary of this congestion range. This zone represents a critical battleground where short-term supply and demand are tightly balanced.
Bullish Breakout Scenario (Above 112.50):
If buying momentum picks up and candles close firmly sustainably above 112.50, it will trigger an immediate breakout from the current accumulation base. This invalidates recent overhead resistance and paves a smooth path toward the 114.70 target.
Bearish Breakdown Scenario (Below 111.25):
Conversely, failure to hold the lower floor at 111.25 signals weakness. A sustained move below this threshold opens up a retest of lower support handles down toward 108.80, tracking prior correction impulses visible on the timeframe.
so in short,
BULLISH TRIGGER:
• If stock sustains ABOVE 112.50
• 🎯 Upside Target : ₹114.70
BEARISH TRIGGER:
• If stock sustains BELOW 111.25
• 🎯 Downside Target : ₹108.80
Intraday AnalysisOption Chain Analysis: Decoding Open Interest (OI) to find where the "Big Players" are positioned.
FII/DII Data: Understanding institutional activity and its impact on market direction.
Intraday Strategies: Scalping and swing setups using Price Action and key EMAs.
Global Market Cues: How GIFT Nifty and US Markets might influence our opening.
Gold Testing Liquidity Before The Next ExpansionOverall trend: Bullish recovery after a major downside liquidity sweep.
Previous structure: Clear LH/LL sequence during the downtrend.
CHoCH: Bullish shift after price reclaimed the previous lower-high area.
BOS: Bullish BOS confirms improving market structure.
Current structure: HH → HL → HH, with price consolidating just below resistance.
Momentum: Bullish, but price is approaching a major liquidity/resistance area.
The large-volume sweep around 4,250–4,270 followed by strong recovery supports the bullish structure.
🔑 KEY LEVELS:
Resistance / liquidity: 4,395–4,452
Major resistance: 4,452.437
Near-term high: ~4,400
Supply / decision zone: 4,359.668–4,383
Demand / support: ~4,240–4,260
Major liquidity sweep: Below the 4,250 area
Previous-high liquidity: ~4,425–4,450
🎯 TRADE SETUP — LONG:
Entry: 4,383–4,390 after a confirmed 1H breakout + retest
Stop Loss: 4,359.668
TP1: 4,400
TP2: 4,452.437
TP3: 4,475 (extension target)
Risk/Reward: Approximately 1:3+ to TP2, depending on entry; risk only 1% or less of account equity.
🚀 POSSIBLE NEXT MOVE:
Bullish scenario:
A clean 1H close above 4,383–4,390, followed by a successful retest, would confirm continuation toward 4,400 → 4,452 → 4,475.
Bearish scenario:
If price rejects the resistance zone and loses 4,359.668, the bullish setup weakens. A deeper pullback toward 4,325–4,300 becomes possible, with the larger demand zone around 4,250 remaining important.
⚠️ INVALIDATION:
A sustained 1H close below 4,359.668 invalidates the immediate bullish continuation setup.
XAUUSD: Supply Zone Rejection Setup After CHOCHXAUUSD is approaching a key supply zone near the 4,432 area after a strong bullish recovery from the POI. The structure shows a MSS followed by CHOCH, indicating a shift in market structure.
Price is now testing the upper supply area, where a rejection could trigger a bearish retracement toward the marked target around 4,380.
Key Levels:
- 🔴 Supply Zone: 4,432 area
- 🟢 POI: Previous bullish reaction zone
- 📉 Target: Around 4,380
- ⚠️ Confirmation: Watch for bearish rejection/structure shift from supply
Ascending Triangle Breakout Underway: Retesting Support Levels!Using the Low of March 2023 (13.86) and High of Oct 2025 (182.75), The Fibonacci zone has been Shown on Charts.
The Yellow Rectangle Represent the Supply/Demand Conversion Zone.
A surge in the Volume can be Observed in the past few months.
Retracement from Golden zone (50%-61.8%) can be seen.
Is MANAKCOAT ready to Break is ATH?
Disclaimer:
This Post is Purely Educational, It is Not a Forecast Or a Trading Recommendation.
GOLD MCX | ₹154,500 Breakout — Can Momentum Extend?Gold MCX is showing a meaningful 4-hour recovery attempt after breaking above the falling trendline that controlled price through most of September.
Price is now around ₹154,000–154,500, which makes this the first important breakout-confirmation area rather than a place to assume the move is already complete.
Current stage: 4H Breakout Confirmation
Primary timeframe: 4 Hour
Intended horizon: Short-term swing / trading
Why this chart matters now
The recent 4H structure has improved:
the falling trendline has been crossed;
price has moved back above the ₹153,000–154,000 cluster;
short-term momentum has turned positive;
the daily structure is also stabilising;
weekly price is attempting to regain the important ₹154,000 region.
The next question is whether Gold can hold above the breakout zone and build a higher high, rather than falling back below the broken trendline.
Positive scenario
A sustained move above ₹154,500–155,000 would strengthen the breakout.
The next resistance/reference zones are approximately:
₹155,500–156,000
₹157,500–158,000
₹160,000–161,000
A stronger move above ₹158,000 would materially improve the short-term structure and bring the broader August resistance region back into focus.
Retest / neutral scenario
A pullback toward ₹153,800–154,000 would be a normal breakout retest.
Below that, ₹152,800–153,100 becomes the more important 4H support area.
As long as Gold continues forming higher lows above this region, the present recovery structure remains constructive.
Weakness scenario
A sustained move back below ₹152,800–153,000 would weaken the current breakout attempt.
Below that, the next important support comes around:
₹151,500–152,000
A breakdown below approximately ₹150,500–151,000 would materially damage the current 4H recovery structure and raise the possibility that Gold returns to the broader consolidation.
Key levels
Immediate breakout zone: ₹154,000–154,500
First resistance: ₹155,500–156,000
Higher resistance: ₹157,500–158,000
Major reference: ₹160,000–161,000
First retest support: ₹153,800–154,000
Important 4H support: ₹152,800–153,100
Deeper support: ₹151,500–152,000
Structure weakness: below ₹150,500–151,000
The 4-hour chart is constructive, but the daily and weekly structures are still recovering rather than fully trending. That means short-term continuation is possible, but confirmation above the nearby resistance zones remains important.
This idea is being recorded as part of a public chart-research journal to track whether the 4H breakout develops into a stronger swing move or fails back into the previous range.
Shared only for educational study and public chart-tracking purposes. This is not a buy, sell, hold, averaging, portfolio-allocation or return recommendation. The levels shown are conditional chart references, not guaranteed outcomes. Commodity markets can remain highly volatile and the setup may fail.
#GOLD #GoldMCX #GoldFutures #MCXGold #4HourChart #BreakoutWatch #GoldTrading #SupportAndResistance #CommodityMarket
Dollar Index : Bearish Flag Bullish for Metals & CommoditiesDollar Index is moving in a channel which is after a decline from 110-96. This decline will be treated as a poll of inverted flag and this channel will be considered as flag. Now This channel is about to resume previous downtrend of 110-96 to 98.5-84. which means GOLD, Silver, Metals, commodities will rise like never before.
A major turn around in all equity market may be seen. I have said earlier in JAN-FEB 26, Stay on Cash because markets are turning their very long term Bulltrend to Beartrend across world. Start investing in Silver max., Gold, Copper and other metals if physically is possible that will be very good or any other means just buy do not short with hedge.
Note : Be careful about investment / trading.
But if you are in control of fear and greed then ask your financial advisor for stoploss to protect your hard earned money.
It is my point of view solely for informative purpose only.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
PWL | ₹130 Breakout Holds — Can ₹142 Open the Next Move?PWL has improved sharply on the daily chart after rebuilding strength from the recent base and reclaiming the important ₹130–132 zone.
The immediate question now is whether this breakout can hold and develop into a stronger swing move.
Current stage: Daily Breakout / Momentum Watch
Primary timeframe: Daily
Intended horizon: Short-term swing
A sustained hold above ₹130–132 keeps the current structure constructive.
The first important resistance is around ₹141–142. If price can clear and sustain above this region, the next resistance/reference zones come around ₹149–150 and then ₹158–160.
Key levels
Immediate support: ₹130–132
Stronger support: ₹124–125
Structural support: ₹120–121
First resistance: ₹141–142
Next resistance: ₹149–150
Higher resistance: ₹158–160
A move back below ₹130 would weaken the present breakout attempt and increase the possibility of a retest toward ₹124–125.
This setup is being tracked primarily as a daily-chart swing structure, so short-term price behaviour matters more here than the longer weekly trend.
Shared only for educational study and public chart-tracking purposes. This is not a buy, sell, hold, averaging, portfolio-allocation or return recommendation. The levels shown are conditional chart references, not guaranteed outcomes. Market conditions can change and the setup may fail.
#PWL #PhysicsWallah #DailyChart #BreakoutWatch #SwingTrading #Momentum #SupportAndResistance #StockMarketIndia
AWFIS Space Solutions — Weekly Recovery WatchAWFIS has spent a long period correcting from its earlier highs and is now attempting to build a recovery from the ₹230–250 base region.
The recent move toward ₹300 was encouraging, but the latest weekly candle also showed that ₹295–305 remains an important resistance area.
So the current setup is not a confirmed long-term breakout yet.
Current stage: Early Recovery Watch
Primary timeframe: Weekly
Intended horizon: Swing to long term
Why this chart matters now
The stock has started making a better structure after repeatedly holding the lower ₹230–250 region.
Price has also recovered above the short-term weekly average area, while momentum has improved from deeply weak levels.
However, the larger trend remains under pressure until AWFIS can sustain above the ₹295–305 resistance zone.
That is the first major level that can separate a temporary bounce from a more meaningful weekly recovery.
Positive scenario
A sustained weekly close above ₹300–305 would improve the structure materially.
After that, the next important resistance area comes around ₹335–350.
A further breakout above that region can bring ₹370–380 into focus.
Only after AWFIS starts sustaining above approximately ₹375–400 would I consider the larger long-term trend to be changing more decisively.
If that happens, broader historical/Fibonacci resistance zones around ₹500+ can eventually become relevant, but those are still distant references and not part of the present setup.
Neutral / consolidation scenario
AWFIS may continue consolidating between approximately ₹250 and ₹305 for some time.
That would not necessarily be negative.
After such a large historical decline, a longer base-building phase can actually help create a healthier structure before a genuine trend change develops.
Weakness scenario
The first support area is around ₹260–265.
Below that, ₹245–250 becomes more important.
The broader structural support remains near ₹230–235.
A sustained weekly breakdown below the ₹230 region would materially weaken the present recovery thesis and require a fresh reassessment.
Key levels
Structure Zone
Immediate resistance ₹295–305
Breakout confirmation Above ₹305 weekly
Next resistance ₹335–350
Higher resistance ₹370–380
Bigger trend-change zone ₹375–400
First support ₹260–265
Important support ₹245–250
Major structural support ₹230–235
The daily chart has improved, but price is still close to an important resistance area. The weekly chart therefore remains more important than the short-term bounce.
A short-term rally can occur before a genuine weekly trend change, so the key confirmation remains whether AWFIS can sustain above ₹300–305 rather than simply touch it intraday.
This idea is being recorded as part of a public chart-research journal. The purpose is to track the setup objectively, review the outcome later and improve the process where the thesis proves incorrect.
Shared only for educational study and public chart-tracking purposes. This is not a buy, sell, hold, averaging, portfolio-allocation or return recommendation. I am not a SEBI-registered Investment Adviser or Research Analyst. The levels shown are conditional chart references, not guaranteed outcomes. Market conditions can change and the setup may fail. Please conduct independent research or consult a qualified SEBI-registered professional before making any investment decision.
#AWFIS #AwfisSpaceSolutions #Coworking #FlexibleWorkspace #WeeklyChart #RecoveryWatch #TrendChange #SupportAndResistance #StockMarketIndia
PINELABS | Weekly Breakout Retest — Can ₹192 Hold?Pine Labs has moved into an interesting phase after recovering from the ₹140–150 base area and breaking above the falling weekly trendline.
The latest move toward ₹200 was strong, but the more important question now is whether the stock can hold the breakout area rather than immediately fall back into the previous range.
Current stage: Breakout Confirmation Pending
Primary timeframe: Weekly
Intended horizon: Swing to long term
The current price near ₹192 is especially important because it sits close to the recent breakout/retest area and also near the 0.382 Fibonacci reference around ₹191–192.
If this region continues to hold on a weekly closing basis, the recovery structure remains constructive.
Positive scenario
A sustained move above ₹200–202 can improve the breakout structure further.
After that, the next important resistance/reference areas are approximately ₹209–210, ₹226–227, and ₹250–252.
The larger historical resistance remains around ₹280–284. A future weekly breakout above that region would represent a much more significant long-term structural change.
The extended Fibonacci reference around ₹375–376 exists on the chart, but it is far too early to treat that as an active expectation. It would become relevant only after several intermediate resistance zones are successfully crossed.
Neutral / retest scenario
A pullback after the recent sharp move would not automatically invalidate the setup.
The first area to monitor is ₹190–192.
Below that, ₹175–180 becomes an important short-term support/retest area.
The broader recovery structure remains stronger while price stays above approximately ₹160–165, which is also where the weekly moving-average cluster and earlier breakout structure are located.
Weakness scenario
A sustained weekly move below ₹160–165 would weaken the present recovery thesis materially.
Below that, ₹150–153 becomes an important structural support area.
A deeper breakdown below roughly ₹139–143 would significantly damage the current base-recovery structure and require a fresh assessment.
Key levels
Structure Zone
Current breakout/retest ₹190–192
Immediate resistance ₹200–202
Next resistance ₹209–210
Higher resistance ₹226–227
Major resistance ₹250–252
Major historical breakout zone ₹280–284
First pullback support ₹175–180
Important weekly support ₹160–165
Structural support ₹150–153
Deeper invalidation area ₹139–143
The daily chart has improved significantly and price is trading above the recent moving-average structure, while the monthly chart also shows a recovery attempt from the earlier decline.
However, after a sharp move from the ₹140 area toward ₹200, short-term volatility or a retest would be normal. For this framework, the weekly closing structure matters more than one or two strong daily candles.
This idea is being recorded as part of a public chart-research journal. The purpose is to track the setup objectively, review the outcome later and improve the process where the thesis proves incorrect.
Shared only for educational study and public chart-tracking purposes. This is not a buy, sell, hold, averaging, portfolio-allocation or return recommendation. I am not a SEBI-registered Investment Adviser or Research Analyst. The levels shown are conditional chart references, not guaranteed outcomes. Market conditions can change and the setup may fail. Please conduct independent research or consult a qualified SEBI-registered professional before making any investment decision.
#PINELABS #PineLabs #Fintech #DigitalPayments #WeeklyChart #BreakoutWatch #TrendChange #SupportAndResistance #StockMarketIndia
ZEN TECHNOLOGIES – CORRECTION IN PROGRESS........??????ZENTEC – CMP: ₹1687.4; RSI: 50.70
On the monthly and weekly timeframes, the larger price structure is consistent with a completed 5-wave impulsive advance, followed by a potential ABC corrective phase. Within this structure, the C-wave appears to be developing, although the Elliott count remains a working hypothesis.
On the daily timeframe, a potential double-top formation is visible around ₹2,024–2,044, with the key neckline near ₹1,600.
The stock recently fell to ₹1,585.6, briefly breaching ₹1,600 intraday, but recovered and closed at ₹1,687.4. Therefore, the neckline breakdown is not yet confirmed on a closing basis.
🎯 Key levels / Action Plan
Entry: ₹1,620–1,680, preferably only while ₹1,600 continues to hold on a closing basis
Stop Loss: ₹1,575 on closing basis
Target 1: ₹1,780
Target 2: ₹1,900
Target 3: ₹2,020–2,045
⚠️ Breakdown scenario:
A sustained close below ₹1,600 would confirm the double-top breakdown and materially strengthen the case for a deeper corrective move. The classical measured objective of the double top comes near ₹1,155–1,160.
The broader ₹2,627 → ₹945 → ₹2,044 structure remains consistent with a possible A-B-C correction, but the final C-wave trajectory cannot be confirmed yet.
My approach: Don't rush into the trade. ₹1,600 is the level to watch. Hold above it → recovery setup remains alive. Sustained close below it → bearish structure gets stronger.
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XAUUSD (Monthly)Yes, this is looking slightly bullish right now ,,, but I have doubt
will it be sustain??
will it be capable to hold its bullish strength?
I don't think so because, there is too many geographical incident is happening worldwide like
" Iran-America " War, too many War in Middle - east ,
" Germany " and " Britain " ordered to collect food and other essentials cause of Russia War,
" Russia " is also in war with " Ukraine ", " America " has the largest debt in the world , American soldiers is withdrawing its soldiers, America is mostly out of " NATO " . Also Our Government gave us a signal to " Out of Buying Gold ".
Something very big incident is coming soon.. But We don't know about it.
If Gold is retesting and may be booking profit then why retesting is not healthy , why retesting also feel bearish, and also in 2011 it took about 45 % down then gave a Bullish rally,
but till today it's only 29 % . May be it will hit harder as before , cause too many incidents have around us. and this type of retesting is not good.
So , maybe it will be bearish sooon......I think






















