XAUUSD — FVG Fill Before Bullish Continuation
Gold is trading around $4,089 after pulling back from the short-term FVG sell zone at $4,132–$4,137. The current move is now filling the lower FVG area, which is the main liquidity zone where buyers may start defending the bullish structure again.
From an SMC perspective, the larger short-term structure has already shifted bullish after the previous CHOCH and BOS from the lower base. The current decline does not look like a full bearish reversal yet. It looks more like price is filling the imbalance and testing liquidity before attempting another move with the main recovery trend.
The key area to watch is the FVG buy zone around $4,079–$4,100. Price has already moved into this zone, so the next reaction is important. If gold holds this area and forms bullish rejection, the market may rotate higher again toward $4,132–$4,137 first, then $4,160 and the weekly high around $4,203.
Buy setup 1
Condition:
Gold holds inside the FVG buy zone around $4,079–$4,100 and forms bullish rejection with lower timeframe MSS / CHOCH.
Entry: $4,079–$4,100
SL: below $4,057
TP1: $4,132–$4,137
TP2: $4,160
TP3: $4,203
TP4: $4,220
Buy setup 2
Condition:
If gold sweeps the sell-side liquidity near $4,057 and quickly reclaims back above the FVG zone, this can create a stronger liquidity-trap buy setup.
Entry: after reclaim above $4,079–$4,100
SL: below the sweep low
TP1: $4,132–$4,137
TP2: $4,160
TP3: $4,203
Buy setup 3
Condition:
If gold reacts from the current FVG zone and breaks back above $4,137, bullish continuation remains valid after a breakout retest.
Entry: above $4,137 after breakout retest
SL: below $4,100
TP1: $4,160
TP2: $4,203
TP3: $4,220
Sell scalping setup
Condition:
Selling is not the main priority. A sell scalp is only valid if gold retests the $4,132–$4,137 FVG sell zone and shows clear bearish rejection before buyers confirm continuation.
Entry: $4,132–$4,137 after rejection
SL: above $4,160
TP1: $4,100
TP2: $4,079
TP3: $4,057
Key levels
Current price area: $4,089
Main FVG buy zone: $4,079–$4,100
Sell-side liquidity: $4,057
FVG sell zone: $4,132–$4,137
Short-term resistance: $4,160
Weekly high liquidity: $4,203
Next bullish liquidity area: $4,220
Bullish continuation confirmation: clean break above $4,137
Stronger bullish confirmation: clean break above $4,160
Bullish invalidation: clean 2H close below $4,057
My current view is that gold is filling FVG liquidity before attempting another bullish continuation. The Prime Gold plan is to avoid selling low inside the FVG area and wait for confirmation around $4,079–$4,100. If buyers defend this zone, gold can recover toward $4,132, $4,160 and potentially the weekly high around $4,203.
No confirmation, no trade.
Technical Analysis
XAUUSD: Watch This Level Before You Jump In!📊 Market Context & Structure
XAUUSD is currently trading at a massive technical crossroads. After a strong expansion earlier this month, the price retraced downward but aggressively front-ran the major high-timeframe discount arrays. It found strong buying pressure right around the 4,096 level, reversing hard just above the unmitigated FVG (Fair Value Gap) and the 4-Hour POI (Point of Interest).
The fact that institutions stepped in early to buy the dip without letting price fully mitigate those lower structural targets displays strong underlying bullish intent. However, we have now arrived at the immediate decision zone.
🔍 The 1-Hour POI Battleground
Price has rallied straight into the 1-Hour POI (~Around 4,140 Zone). This is our critical pivot level for the session. Before putting on any major position size, we need to observe how the lower timeframes (LTF) react right here.
We have two distinct paths laid out on the chart:
The Bearish Rejection Path : If the 1-Hour POI (~Around 4,140 Zone) holds as solid supply, expect sellers to take control. A clear rejection here will likely result in a downward move.
The Bullish Expansion Path : If buyers display strong displacement and break cleanly above 4,140, this zone flips from supply to demand. A successful retest of this newly formed demand will clear the path for a major push upwards.
🎯 Ultimate Targets: If the bullish structure confirms, the market is highly likely to draw toward the rest-period buy-side liquidity targets marked at the xxx swing highs (4,180 and 4,200).
⚠️ Fundamental Catalyst: June FOMC Meeting Minutes Today
Do not forget the macro driver! Today at 2:00 PM ET, the Federal Reserve will release the minutes from its June policy meeting.
Why it matters: Markets came away from the June meeting viewing the Fed's stance as inherently hawkish. If the minutes heavily confirm that multiple policymakers are pushing for interest-rate hikes later this year, the U.S. Dollar will strengthen, likely triggering a sharp rejection at our 1-Hour POI.
Conversely, if the minutes show signs of internal policy disagreement or economic concerns behind closed doors, it could act as the exact fuel needed to break 4,145 and rocket toward the 4,200 liquidity pool.
🛠️ Execution Plan
Conservative Traders: Avoid entering positions directly inside the 1-Hour POI immediately before the FOMC release. Wait for the post-news volatility to clear, look for a 5m/15m Change of Character (CHoCH), and trade the clear structural breakout or rejection.
Risk Management: If you managed to catch the long move from the initial ~4,096 floor, this 1-Hour POI resistance is a prime spot to lock in partial profits and move your stop-loss to break-even ahead of the high-impact news.
What do you think? Will the FOMC minutes spark a deeper correction into the 4-Hour POI, or are we flying straight to 4,200? Drop your thoughts and setups in the comments below! 👇
Disclaimer: This is for educational purposes only and does not constitute financial advice.
Bull Trap at 24500 [Analysis for 08.07.2026: Wednesday]Probable Scenario Analysis of Nifty 50 for the 08th of July, 2026. The day is Wednesday.
🟢 Bullish Scenario
There is no observable setup for bullish trades. Be bullish only if the price sustains above the level of 24500. The probable bullish targets above 24500 would be - 24550 and 24600.
🔴 Bearish Scenario
Stay bearish if the price remains below the level of 24400. The probable bearish targets below the level of 24400 would be - 24350, 24300, and 24250. The price would receive good support at 24250, as an unfilled gap at 24271 would be filled. Next, if the price breaks down below 24250, then the probable bearish targets would be - 24200 and 24150. There is another unfilled gap at 24167.
🟡 No Trading Zone (NTZ): (24500 - 24400).
⏺ Range of Consolidation (ROC): (24500 - 24300).
Here, 24400 is the median of ROC. The median works like a sentiment. The price trading above the median would offer bullish sentiment, while the price trading below the median would trigger bearish sentiment.
● Event
This week (06th to 10th July), there is one high-impact event (the U.S. FOMC minutes). The event is on Wednesday, 08th of July. Thus, today is the high-impact day. FOMC meeting is at 11:30 PM IST (night). Our markets will be closed. Also, tomorrow is the SENSEX weekly expiry.
● 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.
● 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!
#NIFTY Intraday Support and Resistance Levels - 08/07/2026Nifty is expected to open with a slightly gap-down bias around the 24350–24380 zone. The index is approaching an important intraday support area near 24250, where buying interest could emerge if the level holds.
The immediate support lies at 24250–24300. If Nifty sustains above this zone and shows buying momentum, traders can consider long positions with targets of 24350, 24400, and 24450. A decisive breakout above 24500 will confirm fresh bullish strength and may extend the rally towards 24650, 24700, and 24750+.
On the downside, if Nifty faces rejection near 24400–24450, traders can consider short positions targeting 24350, 24300, and 24250. A sustained breakdown below 24200 will strengthen the bearish trend and may drag the index towards 24150, 24100, and 24050.
Overall, a slightly gap-down opening is expected. Since the index is opening close to a key support zone, traders should wait for confirmation before initiating fresh trades. Holding above 24250 favors a recovery, while a breakdown below 24200 may trigger fresh selling pressure. Follow strict stop-losses and book profits gradually at each target level.
#BANKNIFTY Intraday PE & CE Levels(08/07/2026)Bank Nifty is expected to open with a slightly gap-down bias around the 58100–58150 zone. Despite the weak opening, the index is trading near an important support area, making price action around 58050 crucial for determining the intraday trend.
The immediate support lies at 58050–58100. If Bank Nifty holds this support and attracts buying interest, traders can consider CE positions with targets of 58250, 58350, and 58450+. A sustained breakout above 58550 can trigger fresh bullish momentum towards 58750, 58850, and 58950+ levels.
On the downside, if Bank Nifty fails to sustain above 58050 and faces rejection near 58400–58450, traders can consider PE positions targeting 58250, 58150, and 58050. A decisive breakdown below 57950 will strengthen the bearish bias and may extend the decline towards 57750, 57650, and 57550.
Overall, a slightly gap-down opening is expected, but the market is opening near a key demand zone. Traders should wait for confirmation around 58050 before taking fresh positions. Holding above support favors a recovery, while a breakdown below 57950 could lead to increased selling pressure. Maintain strict stop-losses and book partial profits at each target due to expected intraday volatility.
Physics of Trading: Why Price Moves Like an Object in Motion?When traders open a chart, they usually focus on candles, indicators, or chart patterns. But what if there was another way to understand the market? Instead of thinking like a trader, imagine thinking like a physicist.
While financial markets do not actually follow the laws of physics, many principles from physics can help explain how price behaves. Just as objects move in response to different forces, the market also moves as buyers and sellers continually compete. Concepts such as momentum, friction, acceleration, exhaustion, and gravity can offer a completely different perspective on price action.
Momentum:
Imagine pushing a bicycle. The hardest part is getting it moving. Once it starts rolling, it becomes much easier to keep it moving. The market behaves in a similar way.
When strong buying or selling enters the market, price usually does not stop after a single candle. As more traders notice the move, they join in, creating even more buying or selling pressure. This is why strong trends often continue longer than beginners expect.
Many traders try to predict reversals too early, but momentum teaches us that a moving market often prefers to keep moving until something significant changes.
Friction:
Every moving object eventually experiences resistance. In physics, this resistance is called friction. It slows objects down and makes it harder for them to continue moving at the same speed.
The market also experiences friction. During an uptrend, some traders begin taking profits while others start selling because they believe the price has risen too much. During a downtrend, buyers begin stepping into the market.
This creates hesitation. Candles become smaller, long wicks begin to appear, and the market may start moving sideways. Friction does not always mean the trend is ending. Sometimes it simply means the market is taking a break before deciding its next move.
Acceleration:
Think about a car leaving a traffic signal. It starts slowly, but as the driver presses the accelerator, the speed increases quickly.
Price behaves the same way. Sometimes the market moves quietly for hours, and then suddenly everything changes. A major news event, a breakout above resistance, or heavy institutional buying can cause price to move much faster than before.
Large candles begin to appear, volatility increases, and the trend becomes much stronger. This is acceleration. It is often the point where traders realize that the market is no longer drifting but is moving with real strength.
Exhaustion:
No object can keep gaining speed forever. Eventually, it begins to lose energy.
The same thing happens in trading. Every trend reaches a stage where buyers or sellers start running out of strength. Price still moves in the same direction, but each move becomes smaller. Candles lose their size, momentum fades, and new highs or lows become harder to achieve.
This stage is called exhaustion. It does not always mean a reversal is about to happen, but it often tells us that the trend is becoming weaker. Experienced traders pay close attention to these signs because they know that every strong move eventually slows down.
Gravity:
Throw a ball into the air, and it will eventually come back down. Gravity always pulls it back.
The market has a similar tendency. After a very strong rally, many traders begin taking profits. New buyers hesitate because the price already looks expensive. The same thing happens after a sharp decline, where sellers begin closing their positions and buyers start seeing value.
As a result, price often pulls back before continuing its journey. This does not happen because of real gravity, but because markets naturally seek balance after moving too far in one direction.
My Thoughts:
Every candle on a chart is the result of forces acting between buyers and sellers. Momentum pushes price forward. Friction slows it down. Acceleration creates explosive moves. Exhaustion shows that the trend is losing energy. Gravity reminds us that no market can move in one direction forever.
The next time you open a chart, try looking beyond the candles. Instead of asking whether the market will go up or down, ask yourself what forces are acting on price. Sometimes, changing the way you see the market can be more valuable than learning another trading strategy.
@BrightRally_Research on @TradingView
XAUUSD — Bullish Structure Holding, Buy Setup Still Priority
Gold is trading around $4,128 after forming a short-term correction from the upper reaction zone. The main structure remains bullish because price is still holding above the rising trendline and the recent market structure continues to show multiple CHOCH and BOS signals to the upside.
From an SMC perspective, gold has already shifted from the previous bearish leg into a recovery structure. The current movement looks more like accumulation and correction rather than a confirmed bearish reversal. Price is now moving inside a smaller descending correction, and this accumulation phase may continue until the US session before the next stronger move appears.
The main zone to watch is the $4,100–$4,110 buy zone test liquidity. This area is important because it sits below the current price, aligns with the correction structure, and may act as the final liquidity test before buyers attempt to push gold higher again. As long as price holds above this zone, the bullish recovery structure remains valid.
Buy setup 1
Condition:
Gold pulls back into the $4,100–$4,110 buy zone test liquidity and forms bullish rejection with lower timeframe MSS / CHOCH.
Entry: $4,100–$4,110
SL: below $4,080
TP1: $4,150
TP2: $4,175–$4,190
TP3: $4,220
TP4: $4,280
Buy setup 2
Condition:
If gold breaks above the short-term descending correction line and retests it as support, bullish continuation remains valid without waiting for a deeper pullback.
Entry: above $4,150 after breakout retest
SL: below $4,120
TP1: $4,175–$4,190
TP2: $4,220
TP3: $4,280
Sell scalping setup
Condition:
Selling is not the main priority. A sell scalp is only valid if gold reaches the $4,175–$4,190 OB sell scalping zone and shows clear bearish rejection.
Entry: $4,175–$4,190 after rejection
SL: above $4,210
TP1: $4,150
TP2: $4,128
TP3: $4,100–$4,110
Key levels
Current price area: $4,128
Main buy zone test liquidity: $4,100–$4,110
Short-term FVG reaction zone: $4,150–$4,160
OB sell scalping zone: $4,175–$4,190
Buy-side liquidity: $4,220
Main bullish target: $4,280
Bullish continuation confirmation: clean break above $4,150
Stronger bullish confirmation: clean break above $4,190
Bullish invalidation: clean 2H close below $4,080
My current view is that gold remains in a bullish structure, but the market may continue to accumulate before the US session. The Prime Gold plan is to avoid chasing price in the middle range and wait for either a pullback into $4,100–$4,110 or a clean breakout above the correction line before looking for buy confirmation. As long as the buy zone holds, the priority remains buying toward $4,175, $4,220 and potentially $4,280.
No confirmation, no trade.
RITES Is Back In Action! Bullish Structure Looks Strong here!Hello Traders! 👋
Today I'm sharing my view on RITES Ltd, one of India's leading transport infrastructure and engineering consultancy companies. The company plays an important role in railway projects, metro systems, highways, ports, and other infrastructure developments, making it an interesting stock from both a business and technical perspective.
After staying under a major downtrend for several months, the chart is finally showing something different. Currently stock has broken above its long term resistance trendline, successfully retested the breakout area, and buyers stepped in with strong volume. This combination usually gets my attention because it shows that market participants are becoming more confident.
What I like the most is that this isn't just a one day breakout. Price respected the breakout zone instead of falling back below it, which makes the overall structure look much healthier.
If the momentum continues and buyers remain active, the stock could gradually move towards the next resistance zones. At the same time, risk management is equally important because every breakout needs confirmation before turning into a sustained trend. For all important support, entry, stop-loss, and target levels, please refer to the chart above.
I'm not saying the stock will move in a straight line from here, but it's definitely a setup that deserves attention over the coming sessions.
What do you think about RITES? Are you bullish on India's railway sector? Let me know your view in the comments.
If you found this analysis useful, don't forget to Boost and Follow for more educational market analysis.
Disclaimer
This analysis is for educational purposes only and reflects my personal market view. Please do your own research and manage your risk before making any investment or trading decisions.
— @TraderRahulPal
SCA Registered Financial Influencer (Dubai, UAE)
XAUUSD — Pullback to Fibonacci Before Bullish Recovery
Fundamental Analysis
Gold remains sensitive to USD momentum, Treasury yields, and upcoming U.S. macro data. For now, the market is still moving inside a technical recovery phase, but traders should avoid chasing price near the middle of the range.
The better plan is to wait for price to return to a clear value zone before looking for continuation.
Technical Analysis
On the 2H chart, XAUUSD is trading around 4,129 after losing short-term momentum near the current EMA area. Price is still holding above the lower recovery structure, but the market may need one more pullback before buyers step in again.
The key area to watch is the Fibonacci and liquidity buy zone around 4,056 - 4,073. This zone aligns with the previous reaction area, Fibonacci support, and short-term liquidity.
If gold drops into this zone and forms bullish rejection, the recovery scenario may continue toward the resistance and Fibonacci zone around 4,212 - 4,231.
However, if price fails to hold the buy zone, the downside may extend toward 4,001.
Important Key Levels
Current price area: 4,129
Short-term EMA reaction area: 4,110 - 4,135
Main buy zone: 4,056 - 4,073
Deeper downside liquidity: 4,001
Near resistance: 4,151 - 4,160
Main upside target: 4,212 - 4,231
Invalidation area: below 4,001
Trading Scenario
Main Buy Scenario
Entry: 4,056 - 4,073
Stop Loss: 4,001
Take Profit 1: 4,110
Take Profit 2: 4,151
Take Profit 3: 4,212 - 4,231
Buy Condition
The preferred setup is to wait for gold to pull back into the 4,056 - 4,073 Fibonacci and liquidity buy zone. This area is important because it gives a cleaner value entry instead of buying in the middle of the current range.
A buy setup becomes more valid if price forms bullish rejection from this zone, such as a long lower wick, bullish engulfing candle, higher low formation, or a clean reclaim above 4,073.
If gold reacts from the buy zone and breaks back above 4,151, the bullish recovery view becomes stronger. The next upside focus would be 4,212 - 4,231.
Alternative Sell Scenario
Entry: below 4,001 after breakdown confirmation
Stop Loss: 4,056
Take Profit 1: 3,960
Take Profit 2: 3,930
Take Profit 3: 3,900
Sell Condition
This is not the main view. A sell setup should only be considered if gold breaks below 4,001 and fails to recover the Fibonacci buy zone.
If price loses 4,001 with strong bearish momentum, the recovery structure becomes weaker and gold may continue toward lower liquidity areas.
Entry Conditions
Wait for price to test 4,056 - 4,073.
Look for bullish rejection before entering buy.
Do not chase price while it is still between support and resistance.
A break above 4,151 confirms stronger recovery momentum.
If price breaks and holds below 4,001, the buy setup is invalid.
Overall, the main view is that gold may drop first into the Fibonacci and liquidity zone before creating a stronger bullish recovery. The preferred plan is to wait for confirmation around 4,056 - 4,073, then look for continuation toward 4,151 and 4,212 - 4,231.
Do you share the same view that gold needs one more pullback before the next bullish recovery?
XAUUSD – Gold Corrects Into Fibonacci And Ichimoku Support
XAUUSD is trading around 4,129 after pulling back from the recent high area near 4,190–4,200. The short-term bullish structure is still valid, but price is now correcting into an important Fibonacci and Ichimoku support area.
The priority view remains buy on pullback, as long as gold holds above the key Fibonacci zones and does not break below the rising structure.
Technical View
Gold has created a strong recovery from the previous strong support zone around 3,960. The market moved higher and formed a clear bullish leg, showing that buyers were in control during the recent move.
However, price is now correcting after reaching the upper resistance and descending trendline area near 4,190–4,200. This pullback is normal after a strong bullish move, but the key question is whether buyers can defend the Fibonacci support zones.
The current area around 4,128–4,136 is acting as a short-term reaction zone. Price is testing this area after the pullback, but a clean bullish continuation still needs stronger confirmation.
The first important buy zone is 4,102–4,106. This zone aligns with the Fibonacci 0.618 area and also sits close to the Ichimoku support structure. If gold pulls back here and forms bullish rejection, it may confirm a higher low before the next upside move.
The deeper buy zone is 4,071–4,075, near the Fibonacci 0.5 area. If the first buy zone fails, this lower zone becomes the next area to watch for a stronger reaction.
Ichimoku still supports the recovery structure as long as price holds above the main cloud support and does not close deeply below the lower support zone. A clean break below 4,071 would weaken the bullish view and may open a deeper correction.
The upside target remains around 4,190–4,200, where the descending trendline and recent resistance are located. If gold breaks above this zone, the bullish structure may extend further.
Key Zones
Current price: 4,129
Short-term reaction zone: 4,128–4,136
Buy order zone 1: 4,102–4,106
Buy order zone 2: 4,071–4,075
Ichimoku support area: 4,115–4,166
Upper resistance: 4,190–4,200
Major trendline resistance: around 4,200
Invalidation: below 4,071
Trading Plan
Buy Priority: 4,102–4,106
Condition: wait for bullish rejection, higher low formation, or price holding above the Fibonacci 0.618 zone and Ichimoku support.
SL: below 4,071
TP1: 4,136
TP2: 4,166
TP3: 4,190–4,200
Alternative Scenario
If gold breaks below 4,102–4,106, wait for the deeper buy zone at 4,071–4,075. A bullish reaction from this area may still support continuation, but confirmation must be clearer.
Sell View
Sell is not the priority while price remains above the Fibonacci support zones and the rising structure. A sell setup only becomes safer if gold breaks below 4,071 and fails to recover back above the Ichimoku support area.
Final View
Overall, gold is correcting after a strong bullish move, but the main structure is not broken yet. The cleaner plan is to wait for price to test the Fibonacci and Ichimoku support zones around 4,102–4,106 or 4,071–4,075. If buyers defend these areas, gold may continue toward 4,166 and 4,190–4,200.
Will gold hold the Fibonacci support zone and continue higher, or break lower into a deeper correction first?
#NIFTY Intraday Support and Resistance Levels - 07/07/2026Nifty is expected to open with a gap-up bias around the 24420–24440 zone, reflecting positive momentum at the start of the session. The index is trading just below a crucial resistance level, and traders should wait for a confirmed breakout before chasing fresh long positions.
The immediate resistance lies at 24450–24500. A sustained move above this zone can trigger fresh buying momentum towards 24650, 24700, and 24750+ levels. As long as Nifty holds above the immediate support, the bullish structure remains intact, with buyers likely to remain active on intraday dips.
On the downside, 24450–24400 acts as an important reversal zone. If Nifty fails to sustain above this resistance and witnesses rejection, short positions can be considered for targets of 24350, 24300, and 24250 levels. Traders should avoid aggressive buying if the index shows weakness near the resistance zone.
Overall, a gap-up opening is expected with a positive bias, but the market is opening near a critical resistance level. Traders should wait for a confirmed breakout above 24500 for fresh long positions, while rejection from 24450–24500 may provide short-selling opportunities. Maintain strict stop-losses and book partial profits at each target due to expected intraday volatility.
#BANKNIFTY Intraday PE & CE Levels(07/07/2026)Bank Nifty is expected to open with a gap-up bias around the 58250–58280 zone, indicating a positive start to the session. The index is trading above immediate support but is approaching a crucial resistance zone, where traders should wait for confirmation before initiating aggressive long positions.
The immediate resistance lies at 58450–58550. A sustained breakout above this zone can trigger fresh buying momentum towards 58750, 58850, and 58950+ levels. If Bank Nifty holds above 58050–58100, the bullish trend is likely to remain intact, with buyers expected to dominate on intraday dips.
On the downside, 58450–58400 acts as an important reversal zone. Rejection from this resistance may trigger profit booking, with downside targets of 58250, 58150, and 58050. A further breakdown below 57950 would strengthen the bearish outlook and may extend the decline towards 57750, 57650, and 57550 levels.
Overall, a gap-up opening is expected with a positive bias, but Bank Nifty is trading close to a key resistance zone. Traders should prefer buying on dips near 58050–58100 or wait for a confirmed breakout above 58550 for fresh long positions. Rejection near 58450–58550 or a breakdown below 57950 may offer short-selling opportunities. Maintain strict stop-losses and book partial profits at each target due to expected intraday volatility.
Early Signs of Bullish ExhaustionProbable Price Structure Analysis of KOSPI TVC:KOSPI
🟢 Bullish Scenario
There is no setup for a confident bullish move. It seems like a bullish exhaustion phase in the index. For a bullish scenario, the price needs to give a proper breakout above the strong resistance zone (SRZ): (8500 - 8250). If the price sustains above SRZ, then weak bullish moves can be expected till the levels - 8750 and 9000.
🔴 Bearish Scenario
Presently, the price is in an indecision zone. There is a strong support zone (SSZ): (7750 - 7500). If the price decisively breaks down below the SSZ, then the index would enter a proper bearish zone. In that case, bullish sentiment would be totally exhausted. The level of 7500 is the neckline of the probable head-and-shoulder (H&S) pattern. The probable bearish targets below the level of 7500 would be - 7250 and 7000.
⏺ Range of Consolidation (ROC): (8500 - 7500)
Here, the level of 8000 is the median of the ROC. The median works like a sentiment. The price trading above the median would offer bullish sentiment, while the price trading below the median would trigger bearish sentiment.
● 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!
Nifty 50 Analysis [For 07.07.2026: Tuesday]Probable Scenario Analysis for Nifty 50 for the 07th of July, 2026. The day is Tuesday.
🟢 Bullish Scenario
If the price sustains above the level of 24450 and shows promise to go up, then a weak bullish move can be expected till 24500. There will be strong resistance at the level of 24500. Next, if the price decisively sustains above the level of 24500 (for at least 30 minutes), then there is a higher probablity of bullish continuation. The probable bullish targets above the level of 24500 would be - 24550 and 24600.
🔴 Bearish Scenario
If the price sustains below the level of 24350, then there might be a weak bearish move till 24300. The level of 24300 would offer good support. Next, if the price decisively breaks down below the level of 24300, then there might be a sharp fall. The probable bearish targets below the level of 24300 would be - 24250 and 24200.
🟡 No Trading Zone (NTZ): (24450 - 24350).
Presently, the price is in the NTZ. We have to wait for a breakout or breakdown from the NTZ for trend clarity.
⏺ Range of Consolidation (ROC): (24500 - 24300).
Here, 24400 is the median of ROC. The median works like a sentiment. The price trading above the median would offer bullish sentiment, while the price trading below the median would trigger bearish sentiment.
● Event
This week (06th to 10th July), there is one high-impact event (the U.S. FOMC minutes). The event is on Wednesday, 08th of July. On Tuesday, there will be Nifty 50 weekly expiry. We can expect a price anomaly. Also, it can be estimated that the price might expire below 24500.
● 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.
● Top-Down Analysis
- Monthly TF: A green marubozu formed as a breakout from the sideways four-month market. Maybe it is a sign of a bullish breakout. Level 24250 is strong support. Level 24500 is strong resistance. The price is trading above the 10 and 20 EMAs. The view is bullish.
- Weekly TF: Higher-highs and lower-lows structure is intact. However, there is an unfilled gap in the range of 24250. Level 24500 is strong resistance. The view is bullish.
- Daily TF: Level 24500 is strong resistance. Level 24250 is strong support. The view is bullish.
- 30-minute TF: Higher-highs and lower-lows structure is intact. Level 24350 is strong support. If the price breaks down below 24350, then shorting sentiment might arise. Level 24500 is strong resistance. The view is bullish.
● 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!
AMBER ENTERPRISES | Positional Trade SetupTechnical View
AMBER is trading within a well-defined Ascending Triangle, supported by a series of higher lows and a strong horizontal resistance zone. The price has repeatedly respected the rising support trendline, indicating sustained buying interest despite short-term corrections.
The current consolidation appears constructive. A decisive breakout above the resistance zone may trigger the next leg of the uptrend.
Trade Setup
CMP: ₹7,484
Add on Dips: Around ₹7,200
Stop Loss (Closing Basis): ₹6,989
Target Levels
🎯 Target 1: ₹8,228
🎯 Target 2: ₹8,666
🎯 Target 3: ₹8,888
🎯 Target 4: ₹9,111
🎯 Target 5: ₹9,333
🎯 Target 6: ₹9,666
Trading Strategy
* Fresh positions may be considered around the current market price.
* Additional accumulation may be considered near ₹7,200 if the stock witnesses healthy corrective moves.
* Maintain a strict Closing Basis Stop Loss at ₹6,989.
* Consider partial profit booking at successive targets while trailing the stop loss (TSL) to protect gains.
Technical Highlight
* Pattern: Ascending Triangle
* Trend: Bullish
* Support: Rising Trendline
* Resistance: ₹8,228 Zone
* Time Horizon: Positional (Medium Term)
Disclosure: This technical view is based on price action and chart analysis. The analysis reflects the current market structure and is subject to change based on evolving market conditions. There are no guaranteed returns in the stock market. Investors should assess their risk profile and follow appropriate risk management before making any investment decisions.
#NIFTY Intraday Support and Resistance Levels - 06/07/2026Nifty is expected to open with a gap-up bias around the 24270–24290 zone, indicating positive momentum at the start of the session. The index has recovered from lower levels and is trading above immediate support, but traders should watch the nearby resistance zone for confirmation before adding fresh long positions.
The immediate resistance lies at 24450–24500. A sustained breakout above this zone can trigger fresh buying momentum towards 24650, 24700, and 24750+ levels. Until then, the 24250–24300 zone remains a favorable buy-on-dips area, with upside targets of 24350, 24400, and 24450.
On the downside, 24450–24400 acts as a reversal zone. If Nifty fails to sustain near this resistance and shows rejection, short positions can be considered for targets of 24350, 24300, and 24250. A breakdown below 24200 would further strengthen the bearish outlook and may drag the index towards 24150, 24100, and 24050 levels.
Overall, a gap-up opening is expected with a positive bias, but the index is approaching an important resistance zone. Traders should prefer buying on dips near 24250–24300 or wait for a confirmed breakout above 24500 for fresh long positions. Rejection near 24450–24500 may offer short-selling opportunities. Maintain strict stop-losses and book partial profits at each target due to expected intraday volatility.
#BANKNIFTY Intraday PE & CE Levels(06/07/2026)Bank Nifty is expected to open with a slightly gap-up bias around the 57980–58000 zone, indicating a mildly positive start to the session. The index is trading near an important resistance level, so traders should wait for a confirmed breakout before initiating aggressive long positions.
The immediate resistance lies at 58050–58100. A sustained move above this zone can trigger fresh buying momentum towards 58250, 58350, and 58450 levels. If Bank Nifty continues to hold above 58050, the bullish trend is likely to strengthen, with further upside potential towards 58550, 58750, 58850, and 58950 levels.
On the downside, 57950–57900 remains the immediate support zone. Failure to sustain above this range may invite profit booking and fresh selling pressure, dragging the index towards 57750, 57650, and 57550 levels. Traders should remain cautious if this support is breached.
Overall, a slightly gap-up opening is expected with Bank Nifty trading close to a key resistance zone. A decisive breakout above 58050 will favor fresh long positions, while rejection from this level or a breakdown below 57950 may offer short-selling opportunities. Maintain strict stop-losses and book partial profits at each target due to expected intraday volatility.
XAUUSD — Early Week Pullback Before Bullish Recovery
Gold is trading around $4,167 after recovering strongly from the lower liquidity area. Price is now testing the short-term descending trendline, so the market may first create a pullback before the next bullish continuation attempt.
From an SMC perspective, gold has already swept the lower liquidity twice and created a recovery structure from the bottom. The current move is approaching a trendline reaction area, so an early-week rejection is possible. However, as long as price holds above the $4,095–$4,101 FVG buy zone, the recovery structure can still remain valid.
The main plan for the beginning of the week is to avoid chasing gold at the current price. If price rejects from the trendline area, gold may first pull back toward the $4,095–$4,101 buy zone. This zone is the key area where buyers may defend the structure before pushing price back toward $4,269, $4,283 and the strong liquidity area around $4,382.
Sell scalping setup
Condition:
Gold rejects from the descending trendline area around the current price and fails to break above the short-term resistance.
Entry: $4,167–$4,195 after bearish rejection
SL: above $4,230
TP1: $4,120
TP2: $4,095–$4,101
TP3: $4,029
Buy setup 1
Condition:
Gold pulls back into the FVG buy zone around $4,095–$4,101 and forms bullish rejection with lower timeframe MSS / CHOCH.
Entry: $4,095–$4,101
SL: below $4,029
TP1: $4,167
TP2: $4,269
TP3: $4,283
TP4: $4,382
Buy setup 2
Condition:
If gold breaks above the descending trendline and retests it as support, bullish continuation remains valid without waiting for a deep pullback.
Entry: above $4,195 after breakout retest
SL: below $4,120
TP1: $4,269
TP2: $4,283
TP3: $4,382
Sell setup
Condition:
Selling is not the main priority after a deep pullback. A stronger sell setup is only valid if gold reaches the $4,269–$4,283 FVG sell scalping zone and shows clear bearish rejection.
Entry: $4,269–$4,283 after rejection
SL: above $4,330
TP1: $4,195
TP2: $4,167
TP3: $4,095–$4,101
Key levels
Current price area: $4,167
Short-term trendline resistance: $4,167–$4,195
FVG buy zone: $4,095–$4,101
Sell-side liquidity: $4,029
FVG sell scalping zone: $4,269–$4,283
Strong liquidity: $4,382
Higher FVG resistance: $4,420–$4,455
Bullish continuation confirmation: clean break above $4,195
Bullish target confirmation: clean break above $4,283
Bullish invalidation: clean 2H close below $4,029
My current view is that gold may drop first at the beginning of the week before building another bullish recovery. The Prime Gold plan is to wait for price to pull back into the FVG buy zone around $4,095–$4,101, confirm bullish reaction, then follow the move toward the upper liquidity zones.
No confirmation, no trade.
MASON XAUUSD – Gold Holds Bullish Structure At Weekly Open
XAUUSD is trading around 4,181 at the start of the week after holding above the recent breakout structure. Price remains inside the rising trendline channel and above the Ichimoku support area, so the short-term bias is still bullish.
The priority view remains buy on pullback, especially if gold retests the 4,172–4,177 buy order zone and continues to hold above the key support area.
Technical View
Gold is still showing a bullish structure after the strong recovery from the 3,960 area. The market has created higher highs and higher lows, which shows that buyers are still controlling the short-term direction.
Price is currently moving inside a rising trendline channel. This channel is important because it shows the path of the bullish momentum. As long as gold holds above the lower trendline, the upside structure remains valid.
Ichimoku also supports the bullish view. Price is trading above the Ichimoku structure, while the cloud and Ichimoku lines below price may now act as dynamic support. This means pullbacks are still healthier than chasing price at resistance.
The 4,172–4,177 area is the key buy order zone on the chart. If gold pulls back into this zone and forms bullish rejection, it may confirm another higher low before continuing higher.
The 4,155 area is the key support zone. If price stays above this level, buyers still have the advantage. A breakdown below 4,155 would weaken the bullish structure and may create a deeper correction.
The main upside target remains the psychological resistance zone around 4,270–4,280, which also aligns with the Fibonacci 2.618 extension area. This is the next major zone where price may react.
Key Zones
Current price: 4,181
Buy order zone: 4,172–4,177
Key support zone: 4,155
Ichimoku support area: 4,093–4,052
Short-term resistance: 4,190–4,200
Psychological resistance zone: 4,270–4,280
Fibonacci extension target: 2.618
Invalidation: below 4,155
Trading Plan
Buy Priority: 4,172–4,177
Condition: wait for bullish rejection, higher low formation, or price holding above the rising trendline and Ichimoku structure.
SL: below 4,155
TP1: 4,200
TP2: 4,240
TP3: 4,270–4,280
Alternative Scenario
If gold breaks above 4,200 directly, wait for a retest of this level as support before looking for continuation toward 4,240 and the psychological resistance zone.
Sell View
Sell is not the priority while price stays above the rising trendline, the buy order zone, and the Ichimoku structure. A sell setup only becomes safer if gold breaks below 4,155 and fails to recover back above the key support zone.
Final View
Overall, gold continues to hold a bullish structure at the start of the week. The cleaner plan is to wait for a pullback into the 4,172–4,177 buy zone instead of chasing price near resistance. If this zone holds, the next upside focus remains 4,200, 4,240, and 4,270–4,280.
Will gold retest the buy order zone first, or continue directly toward the psychological resistance area?
PARADEEP PHOSPHATES LTD (NSE: PARADEEP) — DAILY CHART ANALYSISNSE:PARADEEP has been trading within a descending parallel channel since the swing high near ₹230+. Within this channel, price has carved out a clean A-B-C corrective structure:
A – Initial impulsive down-move from the highs, marking the start of the channel
B – Corrective bounce, forming the upper boundary reaction point
C – Final leg down into a falling wedge / converging triangle, tapping the lower channel trendline
Price has now broken and started trading above the internal parallel resistance line, suggesting the corrective phase (ABC) may be complete and a fresh impulsive leg is underway.
Demand Zone
A Weekly and Daily Demand Zone confluence sits in the ₹125–140 region. Price is currently holding above it, which now acts as a support base for the next leg higher.
Momentum (MACD)
The lower panel shows a bullish price-MACD divergence — while price made a lower low into point C, the MACD line/histogram formed a rising trendline / higher low, indicating weakening bearish momentum and building strength for a reversal.
This analysis is for educational and informational purposes only and should not be considered investment advice. Market investments are subject to risks. Please consult your financial advisor before making any investment decisions.
Has Ethereum Done This Before? History Might Be Repeating AgainSometimes the best thing we can do is stop looking at the last few candles and zoom out.
When I compared the current Ethereum structure with previous cycles, one thing really caught my attention.
Back in 2020, ETH spent months building a base before finally breaking above a major descending resistance. Most people were still bearish at that time, but once the structure changed, the expansion was explosive.
Fast forward to today...
We have another long consolidation, another major resistance, and now price is testing an important higher timeframe support after what looks like a possible false breakdown.
I'm not saying history has to repeat exactly.
But markets often move because people react the same way every cycle.
What I'm watching here:
Ethereum is testing a major historical support zone after losing momentum near resistance.
The current move could simply be a liquidity sweep , not necessarily the start of another major downtrend.
If buyers reclaim this structure, the chart opens room for another higher-timeframe expansion, similar to what happened after previous consolidations.
If support fails completely, then this comparison becomes invalid and I'll simply wait for the next clean setup.
For me, this isn't about predicting the future.
It's about preparing for both possibilities while the market is sitting at an important decision point.
Sometimes the biggest opportunities appear when sentiment is the weakest.
Let's see if Ethereum is writing another chapter... or just creating a different story this time.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always do your own research and manage your risk before investing.
— @TraderRahulPal
SCA Registered Financial Influencer (Dubai, UAE)
INDUSINDBK Ascending Triangle Breakout & 52-Week High📊 IndusInd Bank: Daily Technical Snapshot – Ascending Triangle Breakout & 52-Week High
📊 STWP Technical Analysis
________________________________________
MARKET STRUCTURE SNAPSHOT | NSE: INDUSINDBK | DAILY
Closing Price: 974.35 (+30.85 | +3.27%)
Core Trend: Strong Uptrend
Market State: Confirmed Breakout in Progress
Price Structure: Price has broken above an Ascending Triangle and is trading near a fresh 52-week high, indicating continued bullish strength.
________________________________________
OPERATIONAL PRICE GRID & KEY REFERENCE LEVELS
Model Reference Level: 978.40
Hard Invalidation Level: 879.45
Structural Risk: 98.95 (10.11%)
Resistance Levels: R1 987.80 | R2 1,001.25 | R3 1,024.10
Support Levels: S1 951.50 | S2 928.65 | S3 915.20
Range Structure: Immediate Trading Range 879.45 – 1,024.10
Higher Timeframe Observation: Sustained acceptance above 988–1,001 may strengthen the trend towards the 1,024 region.
________________________________________
MOMENTUM, PARTICIPATION & CPR DATA
Volume Profile: 3.82 Million Shares
Volume Character: High Relative Participation
RSI: 64.59 (Strong Momentum Zone)
ADX: 21.61 (Trend Development Phase)
ROC: +3.79%
MACD: Strong Positive Momentum Structure
CCI: +128.27 (Strong Bullish Momentum)
Stochastic: 94.82 (Extended Momentum Zone)
Current Bias: BUY ON PULLBACKS
CPR State: Bullish Zone | Wide Projected CPR
Today's CPR: Pivot 940.00 | Top 941.75 | Base 938.25
Tomorrow's Projected CPR: Pivot 964.95 | Top 969.65 | Base 960.25
________________________________________
📚 EDUCATIONAL OBSERVATION
IndusInd Bank has delivered a strong bullish breakout by moving above an Ascending Triangle, a continuation pattern that typically reflects sustained buying interest after a period of consolidation. The breakout is further reinforced by a move towards a fresh 52-week high, indicating improving market sentiment and strengthening price structure.
The pattern is characterised by a series of higher lows, reflecting increasing buyer aggression, while repeated tests of the horizontal resistance eventually resulted in a decisive breakout. Such formations often indicate that demand has gradually absorbed available supply before prices expand higher.
Several technical factors are currently aligned in support of the prevailing trend:
Ascending Triangle Breakout
52-Week Breakout
Strong Bullish Candle
RSI Breakout
Bollinger Band Expansion
Strong Price-Volume Confirmation
Buyers' Dominance
Relative Strength Outperforming NIFTY
Momentum indicators continue to paint a constructive picture. The RSI at 64.59 reflects healthy bullish momentum without entering an extreme overbought condition. MACD remains firmly positive, while ADX at 21.61 suggests that the emerging trend is gaining strength. CCI at +128.27 highlights strong upside momentum, and the Stochastic reading of 94.82 confirms sustained buying pressure, although it also indicates that short-term pullbacks remain possible following a sharp advance.
The projected Central Pivot Range (CPR) for the next trading session has shifted higher, with the Pivot projected at 964.95. A rising and wide CPR generally indicates improving market acceptance of higher prices and often supports trend continuation when accompanied by healthy participation.
Immediate attention remains focused on the resistance zone between 988 and 1,001. A sustained move above this region could strengthen the existing bullish structure and bring the 1,024 area into focus for future market structure analysis. On the downside, 951.50 serves as the first important support, while the structural invalidation level remains at 879.45.
From a business perspective, IndusInd Bank is one of India's leading private sector banks, offering retail banking, corporate banking, vehicle finance, microfinance, treasury operations and digital banking services. Continued improvement in asset quality, steady credit growth and increasing digital adoption remain supportive factors for the bank's long-term business outlook.
Support and resistance levels should be viewed as observation zones rather than predictive targets. Chart patterns, price action, volume analysis, momentum indicators and CPR are educational tools intended to help market participants understand evolving market structure within a disciplined risk-management framework.
________________________________________
⚠️ Disclaimer
This analysis is provided strictly for educational and informational purposes.
It does not constitute financial, investment or trading advice and should not be interpreted as a recommendation to buy or sell any security.
Investments in the stock market are subject to market risks, including the possible loss of capital.
Historical performance, chart patterns and technical indicators do not guarantee future results.
Please conduct your own research and consult a SEBI-registered investment adviser before making investment decisions.
STWP assumes no responsibility or liability for any financial loss arising directly or indirectly from the use of this analysis.
XAUUSD Weekly Recovery Pullback, Main Trend Still Under Pressure
Gold is trading around $4,175 after reacting from the lower support area near the monthly low. The short-term price action is showing signs of a corrective recovery, but the broader structure is still under pressure as price remains below the descending trendline and below the main OB sell zone.
From an SMC perspective, gold has already broken the previous bullish structure and formed a clear CHoCH to the downside. The recent rebound can be viewed as a pullback after a strong bearish leg, not a confirmed bullish reversal yet. As long as price stays below the $4,530–$4,550 OB sell zone, sellers may continue to defend the higher liquidity areas.
For next week, the main scenario is that gold may recover first toward $4,269, then possibly $4,386 if buyers maintain short-term momentum. However, these upper zones are also where liquidity and sell pressure may appear again. The key area to watch is the OB sell zone around $4,530–$4,550, which aligns with the descending trendline and remains the strongest reaction zone on the chart.
Buy setup
Condition:
Gold holds above the monthly low area and forms bullish continuation on lower timeframe. A short-term buy is only valid as a recovery trade, not a full trend reversal.
Entry: $4,100–$4,120 after bullish confirmation
SL: below $3,943
TP1: $4,269
TP2: $4,386
TP3: $4,530–$4,550
Sell setup 1
Condition:
Gold recovers into the $4,269–$4,386 liquidity area and shows bearish rejection with lower timeframe MSS / CHOCH.
Entry: $4,269–$4,386 after rejection
SL: above $4,420
TP1: $4,102
TP2: $3,943
TP3: $3,889
Sell setup 2
Condition:
If gold continues higher into the OB sell zone around $4,530–$4,550 and rejects from the descending trendline, the main bearish continuation setup becomes stronger.
Entry: $4,530–$4,550 after bearish rejection
SL: above $4,620
TP1: $4,386
TP2: $4,102
TP3: $3,889
TP4: $3,720–$3,760
Key levels
Current price area: $4,175
Short-term resistance: $4,269
Buy-side liquidity: $4,386
Main OB sell zone: $4,530–$4,550
Higher buy-side liquidity: $4,777
Strong liquidity: $4,895
Monthly low area: $3,943
Strong lower liquidity: $3,889
Major demand zone: $3,720–$3,760
Bearish continuation confirmation: rejection below $4,530–$4,550
Bullish recovery confirmation: clean break above $4,386
Bearish invalidation: clean daily close above $4,550
My current view is that gold may have a recovery pullback next week, but the main trend is not fully bullish yet. The Prime Gold plan is to avoid selling too low and wait for price to recover into liquidity or the OB sell zone before looking for bearish confirmation. If the market holds above the monthly low, a short-term recovery toward $4,269–$4,386 is possible before the next major decision zone.
No confirmation, no trade.






















