HUBB: Strong Weekly Breakout and Trend ContinuationThe Setup (Bias): I am looking at a LONG setup for Hubbell Inc. (HUBB) on the weekly timeframe.
The "Why" (Technical Reasons): 1. Clear Breakout: The price has shown strong bullish momentum and decisively broken above the recent resistance level at $529.82.
2. Support Confirmation & Trend: Prior to this breakout, we saw a textbook retest of the major $467.76 level. This area acted as heavy resistance in the past but flipped perfectly into new support, confirming the overall upward trend of higher highs and higher lows.
Trade Plan (Entry & Exits): * Entry: Entering near the current market price of $553.07, or waiting to see if it slightly pulls back to retest the $530 level.
Take Profit (Target): Since the stock is breaking into new all-time highs, aiming for the next major psychological resistance level at $600.00.
Stop Loss: Placed securely below the recent breakout zone, around $510.00. If it drops below this, the breakout is invalidated and it falls back into the old range.
Duration: Because this analysis is built on a 1-Week chart, this is a longer-term swing trade that is expected to play out over the next several weeks to a few months.
Technical Analysis
XAUUSD: Recovery Expected After the Sharp DeclineXAUUSD remains under short-term selling pressure after a fairly strong decline.
Price has now pulled back into a clear support zone. After such a sharp move lower, the market often needs a โpauseโ to rebalance.
As price approaches this area, bearish momentum has started to slow. This suggests that selling pressure is fading and buyers are beginning to step in. This is often what we see when price returns to an important support zone after an extended decline.
My target would be around 4,400, which represents a reasonable and technically achievable recovery based on the current setup.
For me, XAUUSD is now sitting in a decision zone. If support continues to hold, the probability will lean toward a recovery. For now, I would still treat that move as a technical rebound rather than a complete trend reversal.
Another possible scenario is a strong breakdown below support. If that happens, the recovery setup would be invalidated and the probability of further downside would increase.
This is not the ideal time to chase short positions, but it is also not the place to buy aggressively without clear confirmation from buyers.
XAUUSD โ Bullish Retest Toward 4,425XAUUSD โ Bullish Retest Toward 4,425
Gold is showing a short-term bullish recovery after completing the previous downside wave near the lower support area. From Kellyโs view, the current chart suggests that XAUUSD may be forming a corrective bullish structure, with price now reacting from the 4,334โ4,340 buy retest support zone.
The key idea is simple: if gold holds above this support, the next recovery leg may continue toward the 4,420โ4,435 strong resistance area.
โก Market structure
Gold recently completed a bearish 5-wave sequence and is now trying to rebuild from the lower zone. Price is trading around 4,351, slightly above the buy retest support.
The current structure looks like a possible ABC recovery. Buyers are trying to defend the 4,334โ4,340 area, while the next major upside target remains the strong resistance zone near 4,420โ4,435.
However, gold is still trading below the descending trendline, so the bullish setup needs confirmation. A clean move above 4,380โ4,400 would strengthen the recovery and open the way toward the upper resistance.
โค Key levels
โ Current price area: 4,351
โ Buy retest support: 4,334โ4,340
โ Key support: 4,300โ4,315
โ First bullish confirmation: above 4,380
โ Main resistance: 4,420โ4,435
โ Strong breakout confirmation: above 4,435
โ Bullish invalidation: below 4,300
โ Elliott Wave view
The chart suggests that the previous bearish wave may have already completed near the 4,300 area.
After that, gold started to form a short-term bullish recovery:
Wave A may be the first rebound from the low.
Wave B may be the retest into 4,334โ4,340.
If this support holds, wave C may push price toward 4,420โ4,435.
This is why Kelly is watching the current retest zone carefully. The bullish idea is valid only if buyers continue to defend support and price starts to break above the short-term resistance levels.
โธ Trading scenario
Preferred bullish scenario
Entry: Buy around 4,334โ4,340 if price gives bullish confirmation
Stop Loss: Below 4,300
Take Profit 1: 4,380
Take Profit 2: 4,400
Take Profit 3: 4,420โ4,435
Alternative entry
If gold breaks above 4,380โ4,400 and retests this area as support, buyers may look for continuation toward 4,420โ4,435.
โ Invalidation
The bullish view becomes weaker if gold breaks below 4,300 and fails to recover back above the buy retest support. In that case, the recovery structure may fail and sellers could regain control.
โ Kellyโs view
Kellyโs main view is cautiously bullish while gold holds above 4,334โ4,340. The market is showing signs of recovery, but price still needs to confirm strength above 4,380โ4,400.
If buyers defend the current support, gold may continue toward 4,420โ4,435, where the next key decision zone is waiting.
Do you think gold will complete wave C toward resistance, or retest the lower support one more time first?
H2 Bullish Recovery From Major Demand
XAUUSD is trading around 4,349 after another volatile session around the lower H2 structure. Price remains inside a broader descending channel, but the current location is close to a major demand cluster where a recovery setup may begin to develop.
The macro backdrop remains challenging for gold. U.S. August CPI rose 0.4% MoM and 3.4% YoY, while core CPI increased 0.3% MoM and 2.4% YoY. Markets now price roughly an 85% probability of a Fed rate hike next week, keeping pressure on non-yielding gold. However, the U.S. 10-year yield eased back toward 4.93% after nearly touching 5%, providing some short-term relief.
Technical View
The broader structure remains below the descending channel resistance, so the recovery is not confirmed yet.
Price is currently holding around the 4,335โ4,360 Demand / Reclaim Zone. This area may support a short-term bounce, but the cleaner bullish location remains lower at the 4,275โ4,300 Major Demand / Bullish OB.
A liquidity sweep into that major demand followed by a strong reclaim, bullish MSS or higher-low confirmation would support the recovery path shown on the chart.
The first upside obstacle is 4,385โ4,405 Resistance / Bearish OB. Acceptance above this area would strengthen the recovery and expose the larger 4,475โ4,490 Major Resistance / Supply zone.
Key Zones
Current Price: 4,349.420
Demand / Reclaim Zone: 4,335โ4,360
Buy Priority: 4,275โ4,300
Resistance / Bearish OB: 4,385โ4,405
Major Resistance / Supply: 4,475โ4,490
Trading Plan
Buy Priority: 4,275โ4,300
Condition: wait for a liquidity sweep into Major Demand followed by bullish rejection, reclaim, MSS or clear higher-low confirmation.
TP1: 4,335โ4,360
TP2: 4,385โ4,405
TP3: 4,475โ4,490
Invalidation: sustained acceptance below 4,275.
Buy/Sell View
The preferred setup is to wait for a deeper pullback into Major Demand rather than chase the current bounce.
Shorts also become less attractive near 4,300 because price would already be entering a major bullish OB. The cleaner decision is to let demand confirm whether buyers can absorb the remaining sell-side pressure.
Important Note
Inflation remains the main macro risk. With CPI and PPI both firm, Fed tightening expectations remain elevated, while oil above $100 continues to reinforce inflation concerns. Any renewed rise in Treasury yields could pressure gold again.
Final View
Gold remains structurally weak, but 4,275โ4,300 is the key H2 area where the risk/reward begins to shift toward a recovery setup.
My main scenario is a liquidity sweep into Major Demand followed by bullish confirmation, targeting 4,385โ4,405 first and potentially 4,475โ4,490 if the recovery strengthens.
Will gold sweep Major Demand before starting the next H2 recovery?
XAUUSD: Sellers Reject the Recovery โ Is 4,280 the Next Target?After a short-term rebound, XAUUSD is showing renewed weakness as price struggles below the descending trendline and the Ichimoku resistance area. The recovery toward 4,430โ4,440 has so far failed to change the broader bearish structure, keeping sellers in control.
In terms of news, gold is under pressure as rising oil prices revive inflation concerns, while strong U.S. employment data has increased expectations that the Federal Reserve could raise rates again. Markets are currently pricing roughly a 60% probability of a Fed rate hike, making upcoming U.S. inflation data especially important. Higher rate expectations remain a headwind for non-yielding gold, even though a softer U.S. dollar is providing some support.
Looking at the H3 chart, the technical structure also supports a bearish scenario:
Price has been repeatedly rejected from the descending trendline.
The 4,425โ4,440 area overlaps with trendline resistance and the upper Ichimoku zone.
Price is now trading around 4,393, showing that the latest rebound has already lost momentum.
The 4,360โ4,385 zone is the nearest support. A decisive break below this area could accelerate selling pressure toward the lower demand zone.
๐ Main Scenario
Resistance: 4,425โ4,440
Support: 4,360โ4,385
Target: 4,280โ4,300
As long as XAUUSD remains below the descending trendline and fails to reclaim 4,440, I continue to favor the bearish scenario. A breakdown below 4,360 would strengthen the case for another move toward 4,280โ4,300.
POC Rejection Keeps Downside Liquidity in Focus
Fundamental Analysis
Gold remains supported by a softer U.S. dollar and safe-haven demand. However, high oil prices and Treasury yields keep inflation concerns elevated, with U.S. PPI and CPI now the key catalysts.
Technical Analysis
On H1, Gold rejected the 4,435โ4,445 liquidity area and remains below the descending trendline.
Price is now trading near 4,380, below the 4,395โ4,405 POC, keeping short-term pressure bearish.
The first liquidity sits around 4,375, while the stronger downside target remains 4,340โ4,345.
Important Key Levels
4,435โ4,445 โ Strong Liquidity
4,395โ4,405 โ POC / Resistance
4,375 โ Liquidity
4,340โ4,345 โ Main Liquidity Support
Trading Scenario
Sell priority remains on a weak rebound into 4,395โ4,405 followed by bearish H1 confirmation.
Target: 4,375 first, then 4,340โ4,345.
Invalidation: H1 acceptance above 4,405 and the descending trendline.
Overall View
H1 remains bearish below the POC and trendline. The cleaner setup is to wait for a rebound rather than chase price lower, with 4,340โ4,345 remaining the main liquidity objective.
Will Gold retest the POC first, or sweep 4,340 directly?
How To Understad Option?Institutional Option Trading (7 Key Points):
Smart Money Activity โ Institutions like banks, hedge funds, and FIIs trade options with large capital, creating strong directional moves in the market.
Option Chain Analysis โ They focus on OI buildup, unwinding, and PCR to identify accumulation/distribution zones.
Liquidity Zones โ Institutions trade where liquidity is high (ITM/ATM strikes), ensuring easy entry and exit without slippage.
Hedging Strategies โ Use advanced strategies like spreads, straddles, and strangles to manage risk instead of naked positions.
Volatility Play (VIX Focus) โ Institutional traders trade based on implied volatility expansion and contraction, not just price direction.
Trendline Rejection Keeps Bearish Bias
Fundamental Analysis
Gold is supported by safe-haven demand as Middle East tensions intensify, but Brent above $100 is increasing inflation concerns. Markets are now focused on U.S. PPI Thursday and CPI Friday, with a Fed rate hike still being priced as a meaningful possibility.
Technical Analysis
On H1, Gold remains below the descending trendline after the recent CHoCH and BOS, keeping the short-term structure bearish.
Price is now near 4,410, where the trendline creates immediate resistance. The stronger sell area sits around 4,428โ4,442 OB + Fibo.
Volume Profile also shows heavy activity around 4,380โ4,410, making rebounds into this area important for sellers.
Important Key Levels
4,485โ4,495 โ BSL / Major Resistance
4,428โ4,442 โ OB + Fibo / Resistance
4,380โ4,395 โ POC
4,340โ4,355 โ Liquidity
4,305โ4,320 โ SSL
Trading Scenario
Sell priority remains while Gold stays below the descending trendline and 4,428โ4,442 resistance.
Target: 4,340โ4,355 first, then 4,305โ4,320 SSL.
Invalidation: H1 acceptance above 4,442 and the trendline.
Overall View
The H1 structure remains bearish. The cleaner approach is to wait for rejection around resistance rather than chase price lower, with liquidity and SSL remaining the main downside objectives.
Will Gold reject the trendline again and sweep 4,350 next?
Trading Masterclass #1Institutional trading means trading like hedge funds, banks, prop firms, and professional desks. They do not trade based on emotions, random tips, or gambling. They use systems, probabilities, risk control, position sizing, discipline, and psychology.
Retail traders often lose because they focus only on โentry.โ Institutions focus on:
Risk Management
Capital Protection
Position Sizing
Probability
Psychology
Consistency
Repeatable Edge
In options trading, if you think like institutions, your results can improve significantly
Trading Masterclass #2PCR (Put-Call Ratio) โ Institutional Trading Strategy
What is PCR?
PCR = Put OI รท Call OI
It shows market sentiment of big players in indices like NIFTY 50.
Institutional Psychology
2. How Big Players Use PCR
Retail buys options randomly
Institutions control PCR zones to trap traders
๐ You follow PCR = You follow smart money
๐ PCR Levels (Game Changer)
3. Key Zones
PCR < 0.7 โ Bearish sentiment (too many Calls) โ โ ๏ธ Reversal possible
PCR 0.7 โ 1 โ Neutral zone
PCR > 1.2 โ Bullish sentiment (too many Puts) โ โ ๏ธ Reversal possible
BTCUSDT: Buyers Are Defending the Bigger PictureBTCUSDT has already delivered a strong expansion higher. Now, instead of chasing the move, the market appears to be building a base before deciding on its next direction.
What catches my attention is where this consolidation is happening. Price is holding around a previous breakout area while the broader ascending channel remains intact. So far, sellers have managed to create a pullback, but they have not done enough to damage the bullish structure.
This makes the current support zone particularly important. If buyers continue absorbing selling pressure here, Bitcoin could regain momentum and begin pushing toward the upper side of the channel.
In that scenario, 83,000 becomes the next area I would watch, rather than simply a random upside target.
The idea remains straightforward: support holds, bullish structure survives, and buyers get another opportunity to take control. A decisive break below this base would be the first reason to question that outlook.
SP500: Further Downside ExpectedLetโs take a look at the current market structure of SP500.
Price is moving within a clear bearish trend, with each new high forming below the previous one. This tells us that bearish momentum remains in control.
Price has already pushed below an important support zone and is now starting to recover to retest the broken area. This creates a classic breakout-and-retest setup beneath the descending trendline.
If this area holds as resistance, selling pressure could begin to build again. And that is exactly the confirmation Iโm watching for!
From here, the expected downside target sits around 7,500, where price may begin to attract fresh buying interest.
GOLD 4330 - CPI WILL DETERMINE NEXT MOVEGold is holding near the lower boundary of the rising structure after the recent pullback, with price currently consolidating around the 4320โ4330 area. The market is approaching a key macro catalyst, with the U.S. August CPI scheduled for release on September 11 at 8:30 a.m. ET. The expectation is for CPI to trigger a strong directional move, while the technical structure continues to favor the bullish side if support holds.
The main scenario is to wait for the CPI-driven volatility to provide confirmation. If Gold holds the 4310โ4330 support zone and breaks above the descending trendline, the recovery could accelerate toward 4380โ4400, followed by 4500โ4520. A clean breakout above 4400 would strengthen the bullish structure and confirm continuation. On the downside, a sustained break below the rising trendline would invalidate the immediate bullish setup and expose the deeper 4230โ4250 support zone.
๐ KEY LEVELS:
๐น 4310โ4330
Immediate support and rising trendline. Preferred area to monitor for a bullish reaction.
๐น 4230โ4250
Major deeper support if CPI volatility pushes Gold lower.
๐น 4380โ4400
Immediate resistance and first breakout area.
๐น 4500โ4520
Major resistance and primary upside target.
โ
PREFERRED SCENARIO:
Gold holds the rising structure around 4310โ4330. CPI triggers volatility and bullish reaction. Break above the descending trendline โ BUY confirmation. Recovery above 4380โ4400 โ bullish momentum strengthens. Breakout above 4400 โ target 4500โ4520. Sustained break below the rising structure โ reassess the bullish bias.
BIAS: ๐ข BULLISH โ Gold remains supported by the rising structure, while CPI could provide the catalyst for the next expansion. Prefer waiting for the CPI reaction + technical breakout confirmation rather than entering during pre-news consolidation.
XAUUSD 30m: Intraday Consolidation & Key Rejection LevelsGold (XAUUSD) is currently moving in a tight consolidation range around the 4,334 mark on the 30-minute timeframe, following a recent downward push. Here are the key levels I am watching for the next intraday move:
Upside Resistance (Red Zones):
I have marked a series of distinct resistance hurdles above the current price action at 4,363.19, 4,376.33, 4,391.73, and 4,411.94 . If buyers can force a breakout above the immediate local resistance, these levels will act as primary targets and potential reversal zones.
Downside Support (Green Zones):
If the price breaks downward from this tight consolidation, the immediate lower bounds will be tested before potentially dropping to the solid structural support block marked in green down at 4,270.41 .
Trade Bias / Strategy:
Neutral for now. The market is waiting for a catalyst. I am waiting for a confirmed 30m candle close outside of this immediate tight range before committing to a clear directional bias.
BTCUSD โ Ascending Channel Holds, Buyers Eye Another Push Higher๐ Market Overview
BTCUSD continues to trade inside a well-defined ascending channel on the 2H timeframe, keeping the broader recovery structure intact. The latest pullback has brought price back toward the lower half of the channel, where buyers have previously shown interest.
Despite the recent weakness, there is no clear structural breakdown yet. As long as the lower channel boundary continues to hold, the current decline can still be viewed as a pullback within a broader bullish structure rather than the start of a deeper reversal.
๐ Market Structure Details
Short-Term Trend: Bullish
Momentum: Recovering
Current Phase: Pullback โ Support Test โ Potential Continuation
The ascending channel remains the most important technical structure on the chart. Price has repeatedly rotated between its boundaries, with buyers stepping in near the lower portion of the range.
If demand returns during the current pullback, BTCUSD could begin another rotation toward the upper side of the channel.
๐ Trading Scenarios
โ
Bullish Scenario โ Preferred Setup
Conditions to watch:
The ascending channel remains intact.
Buyers continue to defend the lower channel structure.
The current pullback begins to lose bearish momentum.
Price starts rebuilding higher lows.
Trading Plan:
Look for buying opportunities after bullish confirmation near the lower channel area rather than chasing short-term rebounds. A strong reaction from this structure would support another move toward the upper channel boundary.
๐ฏ Main Target: 82,000โ82,300
A sustained recovery through the middle of the channel would strengthen the bullish continuation scenario.
โ Bullish Invalidation Conditions
Price decisively breaks below the ascending channel.
Buyers fail to defend the current pullback.
The recent market structure shifts into lower lows.
Selling momentum accelerates below channel support.
A confirmed breakdown below the channel would weaken the bullish thesis and increase the risk of a deeper correction.
๐ Key Levels to Watch
๐ข Main Target: 82,000โ82,300
๐ด Key Area: Lower ascending channel support
โ ๏ธ Trading Outlook
The current BTCUSD structure still favors buyers while price remains inside the ascending channel. The recent decline has weakened short-term momentum, but it has not yet damaged the broader structure.
For now, I favor a bullish recovery toward the upper channel area, provided buyers successfully defend the lower boundary.
The better approach is to wait for confirmation around support rather than trying to predict the exact bottom.
๐ง Professional Assessment
BTCUSD 2H โ Ascending Channel Holds, Buyers Eye Another Push Higher
๐ Market Overview
BTCUSD continues to trade inside a well-defined ascending channel on the 2H timeframe, keeping the broader recovery structure intact. The latest pullback has brought price back toward the lower half of the channel, where buyers have previously shown interest.
Despite the recent weakness, there is no clear structural breakdown yet. As long as the lower channel boundary continues to hold, the current decline can still be viewed as a pullback within a broader bullish structure rather than the start of a deeper reversal.
๐ Market Structure Details
Short-Term Trend: Bullish
Momentum: Recovering
Current Phase: Pullback โ Support Test โ Potential Continuation
The ascending channel remains the most important technical structure on the chart. Price has repeatedly rotated between its boundaries, with buyers stepping in near the lower portion of the range.
If demand returns during the current pullback, BTCUSD could begin another rotation toward the upper side of the channel.
๐ Trading Scenarios
โ
Bullish Scenario โ Preferred Setup
Conditions to watch:
The ascending channel remains intact.
Buyers continue to defend the lower channel structure.
The current pullback begins to lose bearish momentum.
Price starts rebuilding higher lows.
Trading Plan:
Look for buying opportunities after bullish confirmation near the lower channel area rather than chasing short-term rebounds. A strong reaction from this structure would support another move toward the upper channel boundary.
๐ฏ Main Target: 82,000โ82,300
A sustained recovery through the middle of the channel would strengthen the bullish continuation scenario.
โ Bullish Invalidation Conditions
Price decisively breaks below the ascending channel.
Buyers fail to defend the current pullback.
The recent market structure shifts into lower lows.
Selling momentum accelerates below channel support.
A confirmed breakdown below the channel would weaken the bullish thesis and increase the risk of a deeper correction.
๐ Key Levels to Watch
๐ข Main Target: 82,000โ82,300
๐ด Key Area: Lower ascending channel support
โ ๏ธ Trading Outlook
The current BTCUSD structure still favors buyers while price remains inside the ascending channel. The recent decline has weakened short-term momentum, but it has not yet damaged the broader structure.
For now, I favor a bullish recovery toward the upper channel area, provided buyers successfully defend the lower boundary.
The better approach is to wait for confirmation around support rather than trying to predict the exact bottom.
๐ง Professional Assessment
This setup is supported by:
Ascending channel remains intact.
Price is approaching a structurally important area.
The broader sequence still favors recovery.
Current weakness remains contained within the channel.
Upper channel resistance provides a clear upside objective.
Preferred approach: Wait for buyers to show clear strength around channel support before considering continuation opportunities.
๐ก๏ธ Risk Management
Risk only 1โ2% of trading capital per position.
Define invalidation before entering.
Do not maintain the bullish thesis after a confirmed channel breakdown.
Avoid excessive leverage during volatile Bitcoin sessions.
Wait for confirmation instead of anticipating the reversal.
Disclaimer: This market analysis is provided for educational purposes only and should not be considered financial or investment advice.
This setup is supported by:
Ascending channel remains intact.
Price is approaching a structurally important area.
The broader sequence still favors recovery.
Current weakness remains contained within the channel.
Upper channel resistance provides a clear upside objective.
Preferred approach: Wait for buyers to show clear strength around channel support before considering continuation opportunities.
๐ก๏ธ Risk Management
Risk only 1โ2% of trading capital per position.
Define invalidation before entering.
Do not maintain the bullish thesis after a confirmed channel breakdown.
Avoid excessive leverage during volatile Bitcoin sessions.
Wait for confirmation instead of anticipating the reversal.
Disclaimer: This market analysis is provided for educational purposes only and should not be considered financial or investment advice.
Gold Aiming Bullish setup towards 4639 and 4840
PEPPERSTONE:XAUUSD is currently consolidating beneath a descending trendline resistance, while a strong horizontal resistance is also sitting around 4,443.77 .
The price is approaching a critical decision zone. A confirmed breakout above 4,443.77 , together with a break of the descending trendline, could open the way for a larger bullish move.
I am bullish on Gold because of:
Descending trendline has been acting as dynamic resistance.
4,443.77 is the key horizontal resistance.
Price is compressing between the descending trendline and rising support, creating a potential breakout structure.
A clean breakout can release the accumulated pressure and potentially push Gold toward 4,656.
RSI is around the 50 level, leaving room for momentum to expand if the breakout occurs.
on Top of all the above, an ABCD formation also in process
I would not chase Gold inside the consolidation. Let the market prove the breakout first.
Trade Setup:
Buy Stop: 4,443.77
SL: 4330.80
TP1: 4639.72
TP2: 4840
I will put 2 trades with buy stop at 4,443.77 . Both SL will be at 4330.80 and aiming 4639.72 as TP1 for my 1st trade and 4840 as TP2 for my 2nd trade. will move the SL to Breakeven after TP1 hits.
H2 Bullish Reclaim Toward Major Supply
XAUUSD is trading around 4,413 after recovering from the recent 4,350 area and compressing between the descending resistance trendline and rising short-term support. Price is now approaching the first resistance zone, making the next reclaim especially important.
Gold gained more than 1% on Wednesday as the U.S. dollar remained soft, while escalating Middle East tensions pushed Brent above $100. However, the U.S. 10-year Treasury yield climbed toward 4.84%, and markets are pricing roughly a 60% probability of a Fed hike next week, keeping the macro backdrop highly sensitive to inflation data.
The next catalysts are U.S. PPI today, September 10, at 8:30 a.m. ET, followed by CPI on September 11 at 8:30 a.m. ET. Both releases could materially shift Fed expectations and create sharp volatility in XAUUSD.
Technical View
The broader structure remains below the descending resistance line, but short-term price action is showing signs of recovery.
The immediate decision area is 4,415โ4,445 Resistance. A clean reclaim and successful retest of this zone would strengthen the bullish structure and support continuation toward the next supply.
The first major upside objective sits around 4,490โ4,515 Supply Zone.
If buyers maintain momentum above that area, the larger target becomes the 4,600โ4,635 Major Resistance / Supply Zone.
Below current price, the 4,285โ4,310 Demand Zone / Strong Support remains the major structural support on the chart.
Key Zones
Current Price: 4,412.820
Resistance / Reclaim: 4,415โ4,445
Supply Zone: 4,490โ4,515
Major Resistance / Supply: 4,600โ4,635
Major Demand / Strong Support: 4,285โ4,310
Trading Plan
Buy Priority: confirmed reclaim of 4,415โ4,445
Condition: wait for price to break above resistance and confirm the zone as support through a retest, bullish rejection or higher-low formation.
TP1: 4,490โ4,515
TP2: 4,600โ4,635
Invalidation: failure to hold the reclaimed resistance structure would weaken the immediate bullish continuation setup.
Important Note
PPI and CPI are the main short-term risks. With oil above $100 and Treasury yields elevated, hotter inflation could quickly strengthen Fed-hike expectations and pressure gold.
Avoid chasing a breakout during the first reaction to the data. Confirmation after the liquidity sweep remains more important than the initial candle.
Buy View
The preferred scenario is not to buy directly below resistance.
A confirmed breakout above 4,415โ4,445, followed by a controlled retest, would provide the cleaner bullish setup. If buyers establish acceptance above this area, 4,490โ4,515 becomes the next liquidity objective.
Final View
Gold is attempting to transition from consolidation into a stronger recovery phase, but 4,415โ4,445 remains the key gate.
The main scenario is a bullish reclaim and retest of resistance, followed by expansion toward 4,490โ4,515 and potentially 4,600โ4,635.
Can gold reclaim 4,445 before PPI and CPI trigger the next major expansion?
XAUUSD: Supply Zone Rejection & Bearish Setup Target ?Market Structure & Technical Breakdown
Asset / Timeframe: XAU/USD (Gold) โ 1-Hour Chart (1h)
Trend & Context: Following an earlier Break of Structure (BOS) and subsequent Market Structure Shift (MSS) off the local Pivot Point (~4,310โ4,320), price expanded aggressively to sweep Buy-Side Liquidity (BSL) around 4,510โ4,520.
Current Setup: Price has dropped into a substantial Supply Zone (4,440 โ 4,490) and is showing signs of exhaustion and lower-timeframe distribution.
Trade Strategy & Levels
Bias: Bearish / Short from Supply Zone
Entry Area: Continuous rejections inside the 4,440 โ 4,460 Supply Zone boundary.
Take Profit (Target): 4,340 (Testing key liquidity/swing low demand).
Stop Loss (Risk Management): Above the Supply Zone high (~4,495 โ 4,510), depending on individual risk tolerance.
Execution Plan
Look for price to retest the lower edge of the 1H Supply Zone before distributing lower toward the main target at 4,340. Exercise proper risk management and wait for confirmation on lower timeframes (e.g., 5m/15m MSS) before taking entries.
One Chart. Six Tools. Multiple PatternsEducational price-action Post. No forecast or trade recommendation. Price Action used is older than 3 months
Hereโs how Iโve mapped this chart from A to F ๐
A โ Fibonacci Retracement ๐
The Fibonacci tool is drawn from the swing low to the swing high. Price breaks below my marked Golden Retracement level. While many traders interpret this as a sign of bearish continuation, my setup looks at what happens after the breakdown. If price recovers back above the level, I consider the possibility that the breakdown was a trap rather than assuming the original move will continue.
B + C โ Parallel Channel โ๏ธ
Individually, these are two lines. Together, they create a parallel channel, giving us a broader view of how price is moving within the structure.
D โ Supply Zone ๐ด
A supply zone is marked where price previously showed rejection. It becomes another important area to observe when studying the overall structure.
E โ Monthly Rejection + Broadening Structure ๐
Line E represents a rejection line visible on the Monthly timeframe. When combined with line B, it creates another structure โ a broadening pattern, where price is forming progressively higher highs and lower lows.
F โ Trendline ๐
Simple logic: a trendline helps identify areas where price has repeatedly found support. No complicated theory โ just observing how price reacts around the line.
One stock does not necessarily mean one chart pattern.
You can have a channel, supply zone, Fibonacci structure, broadening pattern and trendline developing within the same chart.
BTCUSD 1H โ MFTC Bullish Move AheadAccording to the MFTC analysis, BTCUSD is showing a bullish structure on the 1H timeframe, and we are anticipating a potential bullish move from the current levels.
๐ข MFTC Bullish Scenario
BTC can move higher directly from the current level, provided the bullish structure remains intact.
However, if BTC first comes down to sweep the liquidity, we will wait for confirmation rather than entering blindly.
Liquidity Sweep โ 1H I.R. Confirmation โ LONG
๐ If BTC Moves Directly Higher
If BTC continues upward without giving the expected liquidity sweep, we will look for continuation opportunities while respecting the existing bullish structure.
๐ฏ MFTC Game Plan
Current Structure โ Bullish Bias ๐ข
Scenario 1: BTC moves up directly โ look for bullish continuation.
Scenario 2: BTC sweeps liquidity โ wait for 1H I.R. confirmation โ look for LONG.
The key is confirmation after the liquidity event, not simply buying because the bias is bullish.
MFTC Bias: BULLISH on BTCUSD ๐ฅ
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ZFSTEERING Technical Analysis & Trade Setup
Symbol: ZFSTEERING (Z F Steering Gear (India) Limited) โ Daily Timeframe (NSE)
Current Price: โน745.80
Market Structure: Following a multi-month accumulation phase above the โน620.65 structural low, the stock has printed a large bullish momentum expansion candle, cleanly breaking out of its tight consolidation range with strong buying volume.
Key Technical Trade Levels
Entry Zone: ~โน744.30 โ โน746.00 (Breakout continuation level)
Stop Loss (SL): โน713.05 (Defined risk level below the breakout bar)
Immediate Targets: โน802.75 / โน842.00 / โน885.75 (Intermediate resistance levels)
Major Horizon Peak Targets: โน894.00 โ โน903.80 (Horizontal structure resistance)
Extended Goal Target: โน927.25
Macro Low: โน620.65
Trade Bias & Summary
The stock shows a strong trend reversal and volatility expansion out of a tight base. With a tight stop loss placed right below the breakout candle low at โน713.05, the trade setup offers an exceptional risk-to-reward ratio targeting a potential rally toward the major peak levels around โน894.00โโน903.80 and beyond.
Disclaimer: This post is for educational and technical analysis purposes only and does not constitute financial or investment advice. Always manage your position sizing and risk control parameters responsibly.
Gold breaks trendline โ pullback or rise to 4520?Gold has broken above the short-term descending trendline, confirming a shift in short-term momentum. Price is now holding above the breakout area around 4400โ4420, while the broader rising structure remains intact. The focus now shifts from anticipating the breakout to managing the continuation.
The main scenario is to wait for a pullback and retest around 4400โ4420. If this area holds as support and bullish confirmation appears, Gold could continue higher toward 4500โ4520. A clean break above 4500โ4520 would open the way for further upside extension. On the downside, a sustained move back below the breakout area would weaken the bullish momentum and require reassessment.
๐ KEY LEVELS:
๐น 4400โ4420
Breakout area and immediate support. Preferred zone to monitor for a BUY reaction.
๐น 4360โ4380
Rising trendline support and deeper pullback area.
๐น 4500โ4520
Major resistance and first key upside target.
๐น 4560โ4600
Potential extended target if bullish momentum accelerates.
โ
PREFERRED SCENARIO:
Gold holds above the broken descending trendline.
Pullback toward 4400โ4420.
Breakout area holds + bullish confirmation โ BUY.
Recovery above 4500โ4520 โ bullish continuation.
Breakout above 4520 โ target 4560โ4600.
Sustained break below the rising structure โ reassess the bullish bias.
BIAS: ๐ข BULLISH โ Gold has broken the short-term descending trendline and regained bullish momentum. Prefer buying confirmed pullbacks into support rather than chasing the breakout near resistance.






















