Trend Analysis
MASON XAUUSD – Key Support And Resistance SetupXAUUSD is trading around 4,010 after recovering from the lower support area, but price is still moving below the main descending trendline. The short-term reaction shows buyers are defending the support zone, but the broader structure still needs confirmation before a stronger bullish move can be trusted.
The priority plan is to trade from strong support and resistance zones, with sell pressure still favoured if gold rejects from the upper Fibonacci resistance areas.
Technical View
Gold is currently trading below the descending trendline, which means the market is still under short-term bearish pressure. Even though price has reacted from the lower area, the recovery remains corrective while gold stays below the trendline and key resistance zones.
The 3,991–3,997 area is the main buy zone on the chart. This zone aligns with the Fibonacci 50 reaction area and sits above the 3,982 support. If gold pulls back into this area and holds, a short-term bullish reaction may appear.
However, the upside still has two important resistance zones. The first one is the 4,051–4,055 sell scalping FVG zone. This area may create the first bearish reaction if price recovers from the buy zone.
The stronger resistance is around 4,078–4,085, marked as the sell zone and Fibonacci 50 area. This zone is important because it aligns with the previous structure, Fibonacci resistance, and the descending trendline region. If gold reaches this zone and rejects, it may confirm another lower high before price turns down again.
The 3,982 level is the key support. If gold loses this level, the bullish reaction becomes weak, and price may move back toward the stronger support range around 3,960–3,970.
Key Zones
Current price: 4,010
Main buy zone: 3,991–3,997
Key support: 3,982
Strong support: 3,960–3,970
Sell scalping FVG zone: 4,051–4,055
Major sell zone: 4,078–4,085
Descending trendline resistance: 4,055–4,085
Invalidation for sell view: above 4,085
Trading Plan
Sell Priority: 4,051–4,055
Condition: wait for bearish rejection, failed breakout above the FVG zone, or price staying below the descending trendline.
SL: above 4,085
TP1: 3,991–3,997
TP2: 3,982
TP3: 3,960–3,970
Alternative Sell Scenario
If gold pushes higher into 4,078–4,085, wait for a clear bearish rejection from this major resistance zone before looking for sell continuation. This would be the stronger resistance-based sell setup.
SL: above 4,095
TP1: 4,051–4,055
TP2: 3,991–3,997
TP3: 3,982
Buy View
Buy is possible only as a short-term reaction from the 3,991–3,997 zone or near 3,982 support. The condition is clear bullish rejection, price holding above support, and a lower-timeframe higher low formation.
Buy Zone: 3,991–3,997
SL: below 3,982
TP1: 4,051–4,055
TP2: 4,078–4,085
Final View
Overall, gold is reacting from support, but the market has not broken the descending trendline yet. The cleaner plan is to wait for price to reach the strong decision zones. A reaction from 3,991–3,997 may support a short-term buy, while rejection from 4,051–4,055 or 4,078–4,085 keeps the bearish structure active.
Will gold hold the 3,991–3,997 support zone and recover, or reject from resistance and return toward 3,982?
IGB 10Y Weekly UpdateIGB 10Y closed 6bps higher for the last week amid the reignition of geopolitical tensions. The US CPI print came in lower than the market expectations, while Indian CPI inched higher to touch the 18-month high of 4.39%. Weak monsoon and crude oil prices will be the key parameters to focus on for the week, apart from the geopolitics.
For the coming week, I expect yields to trade in the range of 6.84% (50EMA)-6.76% (200EMA).
Let me know your thoughts. DYOR.
Vedanta Ltd (4-Hour TF) – Bullish Harmonic Reversal Setup### **Vedanta Ltd (4-Hour Time Frame) – Bullish Harmonic Reversal Setup** ABCD Patterns
📊 **Stock:** Vedanta Ltd (NSE)
Vedanta has completed a **Bullish Harmonic Pattern** near the **D point**, where the price is reacting from a key support zone around **₹250–₹252**. The recent bullish candle indicates buyers are stepping in after a prolonged downtrend.
### **Technical Outlook**
* ✅ Bullish Harmonic Pattern completed.
* ✅ Price is holding above the Potential Reversal Zone (PRZ).
* ✅ Strong support established near ₹250.
* ✅ A sustained move above recent swing highs could confirm a trend reversal.
### **Trading Plan**
* **Entry:** ₹258–₹260 (after bullish confirmation)
* **Stop Loss:** Below ₹248.70
* **Target 1:** ₹275
* **Target 2:** ₹284
* **Target 3:** ₹290
Vedanta Ltd Just 1 : 2 RR In ABCD Patterns
### **Risk Management**
Maintain a strict stop-loss below the support zone. A 4-hour close below **₹248.70** would invalidate the bullish harmonic setup.
> **Conclusion:**
> Vedanta is showing signs of a potential reversal after completing a bullish harmonic pattern at a strong support level. If buying momentum continues, the stock could move towards the ₹284–₹290 resistance zone. Wait for price confirmation before initiating fresh long positions.
**Disclaimer:** This analysis is for educational purposes only and should not be considered investment advice. Always perform your own research and follow proper risk management.
# **XAU/USD (Gold) 45-Minute Chart Analysis ## **Market Overview**
The 45-minute XAU/USD chart shows that gold remains in a **short-term recovery phase** after establishing a swing low around the **3,965–3,980** region. Buyers have regained momentum, pushing price back above the psychological **4,000** level while approaching a previous supply area.
Although the broader trend has recently been bearish, the current structure suggests a **potential trend continuation to the upside**, provided the marked support zone continues to hold.
---
# **Technical Structure**
### **1. Market Trend**
* **Higher Low Formation:** Bullish
* **Short-Term Momentum:** Positive
* **Overall Structure:** Recovery within a broader downtrend
Price has started printing higher lows after rejecting the recent lows, indicating buyers are gradually taking control.
---
### **2. Support Zone**
**Support Area:** **4,000 – 4,010**
This highlighted purple zone represents:
* Previous resistance turned support
* Multiple candle reactions
* Strong buying interest
* Psychological round-number support
As long as price remains above this area, the bullish scenario remains valid.
---
### **3. Resistance Zone**
Nearest resistance sits around:
**4,040 – 4,060**
This area has rejected price several times previously and could temporarily slow bullish momentum.
A successful breakout above this level would confirm stronger buying pressure.
---
# **Trade Scenario**
## **Preferred Setup: Buy the Pullback**
Rather than chasing price higher, waiting for a retracement into support provides a better risk-to-reward opportunity.
### **Entry**
* Buy near **4,000–4,010**
* Wait for bullish confirmation (bullish engulfing, pin bar, or strong rejection candle).
---
### **Stop Loss**
Below the recent swing low.
Suggested area:
**3,985–3,990**
---
### **Take Profit Targets**
**TP1**
* **4,040–4,045**
* Previous intraday resistance
**TP2**
* **4,055–4,065**
* Major resistance and projected measured move
---
# **Bullish Confirmation Signals**
Look for:
* Bullish engulfing candle
* Long lower wick rejection
* Strong buying volume
* Break above recent swing high
* Higher low maintained
These would strengthen the probability of continuation toward the target zones.
---
# **Invalidation Scenario**
The bullish outlook becomes weaker if:
* Price closes decisively below **4,000**
* Support fails with strong bearish momentum
* Lower lows begin forming
In that case, sellers could retest:
* **3,980**
* **3,965**
* **3,950**
---
# **Risk Management**
* Risk no more than **1–2%** of trading capital per position.
* Wait for confirmation before entering rather than placing a blind limit order.
* Aim for a **minimum risk-to-reward ratio of 1:2**, with **1:3** preferred if targeting TP2.
---
# **Professional Outlook**
The chart presents a **bullish pullback opportunity** rather than a breakout trade. The **4,000–4,010 support zone** is the key technical area to monitor. A confirmed bounce from this region could propel XAU/USD toward **4,040 (TP1)** and **4,060 (TP2)**. However, a decisive breakdown below support would invalidate the bullish setup and shift the short-term bias back to bearish.
**Bias:** **Moderately Bullish (Buy on Pullback)**
**Key Support:** **4,000–4,010**
**Key Resistance:** **4,040–4,060**
**Trading Strategy:** **Wait for a pullback into support, confirm buyer strength, then target higher resistance levels.**
Tech Mahindra – Bullish Structure with Fair Value Gap SupportMarket Structure
Tech Mahindra continues to exhibit a bullish market structure, having established a sequence of higher highs and higher lows. This indicates that buyers remain in control and the prevailing trend continues to favor the upside.
Technical Observation
A significant Fair Value Gap (FVG) lies below the current price. This imbalance may serve as a potential support zone if the price retraces before continuing its upward move. A pullback into this FVG would be consistent with a healthy trend continuation rather than a change in market structure.
Volume Analysis
Today's trading session recorded relatively high daily volume, suggesting strong market participation. Elevated volume during an existing uptrend strengthens the conviction behind the bullish outlook and indicates sustained buying interest.
Trade Thesis
The bullish trend remains intact as long as the higher high–higher low structure is respected. A retracement into the Fair Value Gap, followed by evidence of support, could present a favorable opportunity to participate in the continuation of the trend.
## Key Factors
* Bullish market structure with consecutive higher highs and higher lows.
* Presence of a significant Fair Value Gap acting as a potential support zone.
* Strong daily volume, indicating increased participation and reinforcing the bullish bias.
Personal Note
The primary reason for considering this trade is the alignment of trend structure, a potential support reaction from the Fair Value Gap, and above-average trading volume. During future backtesting, review how price reacted upon revisiting the FVG and whether the elevated volume contributed to trend continuation or signaled exhaustion.
Ending Diagonal in Wave C | Zigzag vs Flat CorrectionOne of the most overlooked Elliott Wave concepts is that Wave C of both Zigzag and Flat corrections can terminate as an Ending Diagonal.
This chart compares both corrective structures side by side and highlights their key differences.
📉 Left Side – Zigzag (5-3-5)
A Zigzag correction consists of:
Wave A: 5-wave Impulse
Wave B: 3-wave corrective structure
Wave C: 5-wave Ending Diagonal
Key Characteristics
✅ Wave B is a corrective move with three subwaves (A-B-C).
✅ Wave B should not make a new high beyond the start of Wave A in a standard Zigzag.
✅ Wave C unfolds as an Ending Diagonal, where:
Wave 4 overlaps Wave 1.
Trendlines converge.
Momentum gradually weakens.
The correction often ends with exhaustion before a reversal.
📈 Right Side – Flat (3-3-5)
A Flat correction has a different internal structure:
Wave A: 3-wave correction
Wave B: 3-wave correction
Wave C: 5-wave Ending Diagonal
Key Characteristics
✅ Wave A itself is corrective, not impulsive.
✅ Wave B commonly retraces most or all of Wave A and can even create a new price high, depending on the Flat variation.
✅ Wave C again develops as a 5-wave Ending Diagonal, showing:
Wave 4 overlapping Wave 1.
Converging trendlines.
Declining momentum.
A high-probability reversal near completion.
🔍 Why the Ending Diagonal Matters
The Ending Diagonal is a terminal pattern that signals a trend is approaching exhaustion.
Important features include:
Wave 4 overlaps Wave 1.
All five waves subdivide into corrective structures.
Price becomes compressed inside converging trendlines.
A sharp reversal often follows after Wave 5 completes.
✅ Confirmation for Long Entry
Rather than buying during the formation of the Ending Diagonal, confirmation is generally stronger after price breaks above the Wave 4 resistance, indicating that the corrective structure has likely finished and a new impulsive move may be underway.
💡 Educational Takeaway
Understanding the difference between Zigzag (5-3-5) and Flat (3-3-5) is essential for identifying the correct Elliott Wave count.
Although both patterns can end with an Ending Diagonal in Wave C, the behavior of Wave A and Wave B is what distinguishes them.
Recognizing these structural differences can help traders anticipate trend exhaustion and prepare for the next impulsive move.
****************************************************************
Warning ⚠
Educational purposes only. This chart illustrates Elliott Wave concepts and one possible market interpretation, not a guaranteed market outcome.
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short sellsorry for sharing this idea late, there is a good resistence at 15 min for the stock and looks ike it will make a move towrds the opening of the first candle of the day. if it makes a slitght pull back at the fib level from the current high to current runniong position (71%) then try to short and sl above the high
XAUUSD/GOLD 4H SELL LIMIT PROJECTION 20.07.26XAUUSD / GOLD 4H Sell Limit Projection
Gold is currently recovering after the Evening Star pattern failed near the 3980–4000 region. This bullish recovery may push the price back towards the major resistance zone.
Sell Zone: 4044–4052
This area has strong bearish confluence:
Descending trendline resistance
Resistance R1 and R2
Fair Value Gap (FVG)
Previous rejection zone
We expect price to retest this zone and show bearish rejection before continuing downward.
Stop Loss: 4070.99
Take Profit 1: Around 4027–4028
Take Profit 2: 4001.51
NIFTY: Buyers Regain Control Above 24,300NIFTY: Buyers Regain Control Above 24,300, But 24,200 Remains the Line to Watch
I'm seeing a noticeable improvement in NIFTY's structure after today's move.
On the daily chart, the index has reclaimed and is holding above its 50-day moving average near 24,060. More importantly, price has moved back above 24,300, a level that had acted as resistance over the past few sessions. As long as NIFTY sustains above this zone, the short-term bias remains positive.
On the 15-minute chart, the market is making higher highs and higher lows, with price comfortably trading above the 20 EMA. This tells me buyers are still controlling the intraday trend, although the current rally is approaching a resistance zone where profit booking can emerge.
The option chain also supports this view. The 24,300 strike is acting as the immediate pivot, while Put premiums remain relatively firm below 24,300, indicating traders are still protecting lower levels. Unless this support weakens, the probability of buyers defending dips remains higher.
my focus is simple:
- Above 24,300: Bulls remain in control, with scope toward 24,400–24,500.
- A dip toward 24,200: I would treat it as a healthy retracement as long as buyers step in quickly.
- Below 24,200: The bullish structure starts to weaken, and short-term momentum could fade.
📚 Trading Lesson
Not every red candle is a reversal.
In a healthy uptrend, markets often pull back to test support before continuing higher. The key is to watch whether buyers defend those levels. Strong trends usually survive pullbacks; weak trends don't.
#NIFTY Intraday Support and Resistance Levels - 20/07/2026Nifty is expected to witness a gap-up opening following Friday's strong recovery and sustained buying interest. The index is trading above the immediate support zone around 24250–24300, indicating that bulls continue to maintain control. Traders should wait for confirmation after the opening before taking fresh positions.
If Nifty sustains above 24250–24300 after the opening, traders can consider long positions with upside targets of 24350, 24400, and 24450. A decisive breakout above 24500 will further strengthen the bullish momentum and can extend the rally towards 24650, 24700, and 24750+.
On the downside, if Nifty fails to hold 24200 and slips below this support, traders can consider short positions with downside targets of 24150, 24100, and 24050. Unless 24200 is broken decisively, avoid aggressive bearish trades as the overall intraday bias remains positive.
Overall, a gap-up opening is expected with a bullish bias. As long as Nifty holds above the 24250–24300 support zone, buying on dips remains the preferred strategy. Traders should avoid chasing prices near resistance and instead wait for confirmation around key breakout levels while maintaining disciplined stop-losses.
GOLD: SELLERS TIRED?Where we closed: Gold finished the week at 4,017, down 103 points or 2.51%. That is the biggest weekly drop of this entire decline, and it is the first weekly close below 4,059 in four weeks.
Weekly COT (Positioning)
Positioning went quiet this week. Large specs are net long 194,246 contracts, up just 227. Commercials are net short 222,282, down 1,212. Small traders added 985. Open interest rose slightly to 371,776. In plain terms, almost nobody moved. After a week with CPI, PPI, and two days of Fed testimony, the big money barely changed its book. That is unusual and it tells you the professionals are waiting, not positioning.
Spec %OI sits at 52.2% and still reads STRETCHED. The crowd is heavily long. But the 156-week indices cool it down again: Spec Index 50.3 and Comm Index 47.1, both neutral, with retail at 47.9. The panel verdict is COT Setup NONE for the third week running. Positioning is crowded but not extreme. It gives no edge this week. The 6-week move shows specs +16.4 and commercials -14.6, so the drift is still specs buying into commercial selling, which is the same pattern that has been in place through the whole slide.
Weekly Charts
Intermarket got worse, not better. The weekly driver split is now Bull 0%, Neut 6%, Bear 94%, up from 88% two weeks ago. Real yields at 2.32% rising, dollar at 100.97 rising, breakevens falling, gold/silver rising to 71.9, miners underperforming, gold in euro terms at 3,512 and falling, gold versus stocks falling. The regime reads HEADWIND.
One change worth flagging: VIX has climbed to 18.8 from the 15 to 16 area it sat in all month. Rising fear can eventually bring a haven bid into gold. It is not doing that yet, but it is the first thing on that panel that could turn in gold's favor.
The forward 20-bar odds are 49.6%, a coin flip. July seasonality is neutral at +0.56% with a 41.5% hit rate.
Weekly structure and levels are the story. Price at 4,017 is now inside the weekly demand zone at 4,059 to 3,884, not sitting on top of it. For three straight weeks buyers pushed the wicks into that zone and closed back above 4,059. This week they failed. The upper boundary is gone.
That matters, but read it correctly. The zone is not broken. Price closed inside it, not below it. The line that actually breaks the floor is 3,884. Above, the next real supply is far away at 5,009 to 5,238, so there is plenty of room if buyers ever take control. Below 3,884, the next serious demand is the monthly zone at 3,453 to 3,281, and that is a wide gap of open air.
Daily
Structure stays bearish, last high a Lower High and last low a Lower Low. Resistance is 4,180, over 4% away. Support is 3,999, less than half a percent below.
But Friday closed up 1.02%, a strong green day, and it bounced right off the rising trendline. That line has now been touched nine times and it held again. This is the same line we have been watching all week, and it is doing its job.
The daily intermarket read is better than the weekly. Driver split improved to Bull 6%, Neut 15%, Bear 79%, which is the first bull reading on that panel in weeks. The dollar has gone flat at 100.71 instead of climbing. That is two small cracks in a wall that was 100% bearish on Wednesday.
The multi-timeframe box now shows 15m and 1H both bullish, with 4H, 1D, and 1W still bearish. Two green boxes, up from zero on Thursday. Short-term buyers are showing up.
The Hurst cycle is the loudest bullish signal on the board. The trough window reads OPEN NOW at 87% of cycle, with the next crest projected about 10 bars out. Last cycle was right-translated, amplitude is expanding, confluence is 70%. The timing model says a cycle low is landing right here, and Friday's bounce off the trendline is exactly what that would look like.
H4
Structure is bearish, resistance at 4,068 and support at 3,976, with price wedged between them.
The Wyckoff panel is the piece bears should not ignore. Bias reads ACCUMULATION, phase C test, with a Spring 20 bars back. The event log shows 2 springs and 0 upthrusts in this range. Springs are shakeouts below support that snap back, and they are what accumulation looks like from the inside. Zero upthrusts means sellers have not managed a single successful fake-out to the upside. Volume on the current bar is neutral at 0.9x, so no red flag either way.
The 4H range is 4,023 to 4,382 and price is just under the range low. Overhead, the supply stack starts immediately at 4,046 to 4,076, then 4,096 to 4,131, then 4,178 to 4,195, then the big daily supply at 4,236 to 4,363. Every rally has to chew through four layers of sellers.
Data For Next Week
This is the quiet part, and that changes the character of the week.
There is no tier-one US data next week. No CPI, no jobs report, no Fed decision. The heavy stuff all landed this past week and gold sold off through all of it. What is left is second-tier: jobless claims, flash PMIs, and housing numbers. None of those usually move gold more than a few dollars.
The next real anchor is the FOMC decision on Wednesday, July 29, which is the week after next. That means next week is a positioning week ahead of the Fed, not a reaction week.
Here is why that matters. With no headline to hide behind, price has to make its own decision at these levels. No data means the market trades structure, and structure is exactly what is coiled right now.
Bottom Line
Gold lost 4,059 on the weekly close for the first time in four weeks, and that is a genuine bearish mark. But it closed inside the demand zone, not below it, and it bounced off the nine-touch trendline on Friday. Both things are true.
The bear case is straightforward. Weekly macro is 94% bearish, structure is bearish on the weekly, daily and 4H, and the level that held three times finally gave way. Sellers earned that.
The bull case has quietly gotten stronger. The Hurst trough window is open now, the 4H shows accumulation with two springs and zero upthrusts, 15m and 1H have flipped bullish, the daily macro cracked from 100% bear to 79% with a 6% bull reading, the dollar went flat, and VIX is rising. That is five separate tells appearing in the same week.
The plan for the week: 3,884 is the whole trade. Hold it and the accumulation and cycle read get a chance to work, with the first real test at 4,068, then 4,131, then 4,180. Lose 3,884 on a weekly close and the zone is finished, and there is very little between there and 3,453.
For sellers, rallies into 4,046 to 4,076 remain the cleaner entries with the descending trendline overhead. For buyers, nothing is proven until 4,068 is reclaimed and held. Do not buy just because the level is pretty. Wait for the reclaim.
#BANKNIFTY Intraday PE & CE Levels(20/07/2026)Bank Nifty is expected to witness a gap-up opening following Friday's strong bullish momentum. The index has reclaimed the 58550 support zone and is trading near an important resistance area around 58550–58600. Traders should wait for confirmation above this resistance before initiating fresh long positions.
If Bank Nifty sustains above 58550–58600 after the opening, traders can consider buying CE options with upside targets of 58750, 58850, and 58950. A decisive breakout above 59050 will further strengthen the bullish trend and can extend the rally towards 59250, 59350, and 59450+.
On the downside, if Bank Nifty fails to sustain above 58450 and slips below this support, traders can consider buying PE options with downside targets of 58250, 58150, and 58050. Unless 58450 is breached decisively, avoid aggressive bearish positions as the overall momentum remains positive.
Overall, a gap-up opening is expected with a positive intraday bias. As long as Bank Nifty holds above the 58450–58550 support zone, buying on dips remains the preferred strategy. Traders should wait for confirmation near the opening range and maintain strict stop-losses while booking profits gradually at the mentioned target levels.
NIFTY Levels for Today
Here are the NIFTY's Levels for intraday (in the image below) today. Based on market movement, these levels can act as support, resistance or both.
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes and boosts gives us motivation for continued learning and support.
BANKNIFTY Levels for Today
Here are the BANKNIFTY’s Levels for intraday (in the image below) today. Based on market movement, these levels can act as support, resistance or both
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
XAUUSD: Facing Key ResistanceFollowing a recovery from the low near 3,960, XAUUSD is gradually moving up to test the downtrend line that has been in place since the beginning of the month. Notably, selling pressure emerges quickly whenever the price approaches this dynamic resistance level, creating a series of lower highs and reinforcing the bearish trend on the H4 timeframe. Current market structure suggests this is likely just a technical rebound rather than the start of a new uptrend.
Resistance around 4,049 lies just below the Ichimoku cloud, forming a confluence zone that sellers have strong grounds to defend. If the price shows signs of rejection in this area, bearish pressure could quickly return, dragging gold down to the 3,935 support level—a zone that has previously attracted buying interest.
From a fundamental perspective, gold remains under pressure as the US dollar and US bond yields hold at elevated levels following hawkish remarks from the Fed. The market continues to price in the likelihood of interest rates remaining high for longer, diminishing the appeal of non-yielding assets like gold.
Trading strategy: Prioritize selling around 4,049, with a target of 3,935.
XAUUSD 4021 trap — 4103 liquidity next XAUUSD 4021 trap — 4103 liquidity next
That 4,000 struggle is messy, but the reaction is there.
Gold printed the big weekly drop, swept into the 3,959 area, then started crawling back. Not clean. Not pretty. But price is still holding above the low and now sitting inside the small Order Block around 4,021 - 4,043.
That’s the zone.
Macro is still heavy, yeah. USD has support from safe-haven demand, US-Iran tension is still dragging risk around, and the daily structure is not exactly bullish. So I’m not calling this a clean reversal.
This is more like a recovery leg into higher supply.
Main bias is bullish short-term while 3,959 holds.
If this OB holds and price reclaims 4,043, buyers can squeeze this thing toward 4,066 first. Above that, 4,103 is the real draw. That level has clean liquidity sitting above it.
And if gold keeps pushing, the premium zone around 4,120 - 4,138 is where I’d expect sellers to show up again. That’s not a buy-and-pray zone. That’s where the trap can flip.
Trading scenario:
Buy idea only if gold holds 4,021 - 4,043 and reclaims above 4,043 with clean candles.
Entry zone: 4,021 - 4,043 after confirmation
Stop loss: below 3,990
TP1: 4,066
TP2: 4,103
TP3: 4,120 - 4,138
No hold inside the OB, no buy. Simple.
If gold closes hard below 3,959, this recovery idea is dead. Then the weekly bearish pressure takes back control.
For now, I’m watching the OB hold first, then 4,103 liquidity.
You think gold taps 4,103 before sellers reload?
Nifty50 analysis(20/7/2026)HOPE YOU HAVE A GREAT DAY.
CPR: wide + ascending cpr : consolidation
FII: -376.41 sold
DII: 1,017.89 bought
Highest OI:
CALL OI: 24500
PUT OI: 24200
Resistance: - 24500
Support : - 24000
conclusion:.
My pov
1.Almost neutral opening , today expected to be cosilidation , so market expected to trade between 24500 to 24200.
2.price is expected to fall towards 24200 , strong support at 24200, if then we can expect more buying
so price can move towards 24500.
3.more number of time price being crossed so MA line can acts as support .
Psychology:
“You only have to do a very few things right in your life so long as you don't do too many things wrong.”
― Warren Buffett
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.+
XAUUSD: Everything Depends on This TrendlinePrice is now pressing right against the upper boundary of a falling wedge, a level that has repeatedly rejected every recovery attempt over the past few sessions. This trendline isn't just another resistance, it's the line separating a potential reversal from another leg lower.
This is exactly where the market has to make a decision.
And here's the key part:
If buyers can finally break above this trendline with conviction, the entire structure changes. A confirmed breakout would signal that selling pressure is fading and could quickly open the path toward the 4,080 resistance area.
BUT... if sellers defend this trendline once again, everything changes.
Another rejection here would keep the falling wedge intact and increase the probability of price rotating back toward the lower boundary near 3,960. When a resistance has been respected this many times, failed breakouts often lead to sharp pullbacks.
So right now, the market is sitting at a turning point.
A decisive breakout followed by acceptance above the trendline would be the confirmation buyers need.
In short:
👉 Break above the wedge → bullish continuation toward 4,080
👉 Rejection from the trendline → bearish move back toward 3,960
Mazagon Dock (MAZDOCK) — Second Test of the 0.786 Fib ZoneOverview
Mazagon Dock has pulled back hard from its highs, and price is now testing an important support zone for the second time. Let's look at what's happening and what to watch for.
What's Happening
The stock had a strong run from 1,926 all the way up to 3,775, and has been falling back since then. Right now, price is sitting at the 0.786 Fib level (2,321.90) — and this is actually the second time it's come down to test this exact zone.
That matters. A level that gets tested once and holds is good. A level that gets tested twice and still holds is usually seen as stronger, since more traders are now watching and defending that price.
There's also a falling trendline resistance from the highs still in play, and the Weekly 50 EMA (2,510) sits just above current price too — so even if this support holds, there's a bit of a fight waiting above.
Key Levels to Watch
Support Zone (being tested now): 2,321–2,342 (Fib 0.786)
Bigger support below: 1,926 (Major Support) and Weekly 200 EMA (1,812)
Resistance above: Weekly 50 EMA (2,510), then the trendline resistance further up
Next Fib levels up if it bounces: 2,632 (0.618), then 2,850 (0.5)
Two Ways This Can Go
If support holds again: This would be the second successful defense of this zone, which is a good sign. Watch for a bounce back toward the 50 EMA (2,510) as the first hurdle.
If support breaks this time: A close well below 2,321 would mean the zone has finally given way, and the next real support to watch would be much lower, near 1,926 and the 200 EMA around 1,812.
Beginner's Lesson
Not all support levels are equal. A level that's been tested and held more than once tends to carry more weight, simply because more people remember it and act around it. That said, no level holds forever — eventually, even strong support can break if selling pressure is strong enough. This is why we always wait for confirmation rather than assuming a level will hold just because it did before.
Conclusion
Mazagon Dock is at an interesting second test of a key support zone. As always, we're watching for confirmation rather than guessing which way it goes. We'll post an update once this resolves one way or the other.
For educational purposes only. Not financial advice. Always manage your risk.
BTC ROADMAP FOR COMING WEEKS📍 BTC Update for the week
BTC has been chopping inside this range for quite some time now, exactly as mentioned in my previous updates. The market continues to sweep liquidity on both sides, making it a difficult environment for traders chasing every move.
🔴 Short Plan
As price is currently trading near the range highs, I’m leaning bearish in the short term.
I’ll be looking for a liquidity sweep above the previous highs around $65.4K, followed by rejection. The $66K–$67K region remains my key resistance, so a quick wick into that zone to grab liquidity before reversing would be my ideal short setup. I’ll be scaling into shorts if that scenario plays out.
Invalidation: If BTC shows strong momentum, accepts above $66K, and holds above it on the higher timeframes, I’ll abandon the short idea and flip bullish.
🟢 Long Plan
For longs, my first area of interest is $60.5K–$61.5K, where I’ll be looking for a reclaim and confirmation before entering.
The $58K–$59K region remains the strongest support and my highest-conviction swing long zone if price extends lower.
There’s also significant liquidity building in the low $60Ks, making that area a likely destination if BTC rejects from current levels. A successful reclaim from there would offer a high-conviction swing long opportunity, with the $70K region remaining the primary upside target.
Invalidation: A higher timeframe close below $58K would invalidate the long setup and shift my outlook bearish until BTC reclaims key support.
As always, let price come to your levels instead of chasing candles. Patience is the edge. 💯






















