Wave Analysis
XAUUSD: Retracement before Wave 5 RallyGold is still holding a bullish Elliott structure after a strong recovery from the lower zone. From Kelly’s view, the current move suggests that XAUUSD may be preparing for wave 5 continuation, but price may need a correction first before the next upside leg becomes cleaner.
⟡ Market structure
The chart shows gold pushed strongly from the 4,320 area and broke higher into the 4,500 region. Price is now reacting near 4,488 after slowing below the short-term resistance around 4,515–4,525.
This does not break the bullish view. It looks more like a wave 4 correction before the market attempts another move higher.
The key area to watch is the Buy zone wave 5 around 4,440–4,460. If gold pulls back into this zone and buyers defend it, the next bullish wave may continue towards the upper Fibonacci target around 4,640–4,660.
➤ Key levels
◌ 4,440–4,460: Buy zone wave 5
◌ 4,488: current price reaction area
◌ 4,515–4,525: short-term resistance
◌ 4,640–4,660: End wave 5 / Fibonacci target
◌ Below 4,430: bullish setup starts to weaken
⌁ Elliott Wave view
Gold appears to be building a bullish 5-wave structure.
Wave 1 started the recovery from the lower base.
Wave 2 corrected and held above support.
Wave 3 pushed strongly into resistance.
Wave 4 may now pull back towards 4,440–4,460.
If this zone holds, wave 5 may extend towards 4,640–4,660.
▸ Trading scenario
Preferred scenario: wait for gold to correct into the buy zone and show bullish confirmation.
Entry zone: 4,440–4,460
Stop loss: below 4,430 or below the confirmed wave 4 low
Take profit 1: 4,515–4,525
Take profit 2: 4,580
Take profit 3: 4,640–4,660
Alternative scenario: if gold breaks below 4,430 with strong bearish pressure, the wave 5 bullish setup becomes weaker and price may need to rebuild support first.
⌁ Kelly’s view
For Kelly, the main structure remains bullish, but buying after a pullback is cleaner than chasing near resistance.
If 4,440–4,460 holds, gold may continue wave 5 towards the Fibonacci target above.
Share your view below.
BTCUSDT: Facing Pressure WeekendBTCUSDT is trading around 74,700 USDT following a powerful breakout from a downtrend channel—a gain of over 16% from the 64–65K range.
Reuters has also reported a weekly gain of approximately 17% for Bitcoin, driven by a weakening US dollar and capital flowing into alternative assets amidst concerns regarding the US bond market.
The macroeconomic backdrop remains positive but is not entirely one-sided. While the US Treasury's increased long-term bond buybacks have supported crypto, Treasury yields remain high, and concerns persist regarding the US budget deficit. These factors could trigger profit-taking following such a rapid rally.
On the 4-hour (H4) chart, BTC has clearly broken out but is now approaching the 75,000–76,000 USDT zone after a near-vertical series of bullish candles.
I lean towards the likelihood of a pullback to the 72,000–73,000 USDT range to absorb selling pressure before the market determines its next move.
XAUUSD: Bulls Hold 4,545, 4,600 Is Next XAUUSD: Bulls Hold 4,545, 4,600 Is Next
Market Context
Gold is trading around 4,565 after extending its bullish recovery, supported by continued US Dollar weakness and rising concerns over US debt. This improves gold’s safe-haven appeal and keeps buyers active near the highs.
Fed expectations are also helping the move. If the market continues to price in a pause at the September meeting, US yields may stay under pressure, giving gold more room to hold its bullish structure.
Key point: gold remains bullish, but buyers must defend 4,540 - 4,545 before the next push toward 4,600 becomes clean.
Technical Structure
Gold has created a strong bullish continuation after breaking structure and holding above the previous breakout zones. The chart shows multiple BOS signals, strong upside expansion, and price now trading near the Upper Liquidity Target.
The current key level is 4,540 - 4,545. As long as price holds above this zone, buyers still have control.
The nearest resistance is 4,560 - 4,570. This is the Upper Liquidity Target and the first area where short-term profit-taking can appear. If gold breaks above 4,570 with strength, the next extension target is 4,600.
Below the current price, 4,515 - 4,525 is the Breakout Retest Zone. If price corrects, this is the first clean support area buyers need to defend.
The deeper demand sits at 4,455 - 4,480. Losing the breakout retest zone could send price into this area before another major reaction.
Key Levels
Current Price: 4,565
Key Bullish Level: 4,540 - 4,545
Breakout Retest Zone: 4,515 - 4,525
Secondary Demand Pocket: 4,455 - 4,480
Upper Liquidity Target: 4,560 - 4,570
Extension Target: 4,600
Bullish Continuation: Above 4,570
Correction Risk: Below 4,540
Trading Plan
Buy Scenario
Entry: 4,540 - 4,545 after bullish confirmation
SL: Below 4,515
TP: 4,570 / 4,585 / 4,600
Condition: Price must hold above the current key level and show a clean bullish reaction. Buyers need to defend 4,540 - 4,545 to keep the trend strong.
Buy Retest
Entry: 4,515 - 4,525
SL: Below 4,480
TP: 4,545 / 4,570 / 4,600
Condition: Price pulls back into the Breakout Retest Zone and forms strong rejection. This is the cleaner re-entry area if gold needs a short-term reset before continuing higher.
Buy Breakout
Entry: Above 4,570 after breakout and retest
SL: Below 4,545
TP: 4,585 / 4,600 / 4,620
Condition: Price must break the Upper Liquidity Target with strength, retest successfully, and hold above 4,570. Avoid chasing the first breakout candle without confirmation.
Sell Reaction
Entry: 4,600 after bearish rejection
SL: Above 4,620
TP: 4,570 / 4,545 / 4,525
Condition: Price reaches the extension target and shows clear rejection. This is only a short-term reaction sell, not the main bias unless gold later breaks below 4,540.
Breakdown Sell
Entry: Below 4,540 after breakdown and retest
SL: Above 4,570
TP: 4,525 / 4,480 / 4,455
Condition: Price loses the key bullish level, retest fails, and bearish momentum returns. This would confirm a deeper correction toward the secondary demand area.
Overall Bias
Gold remains bullish while price holds above 4,540 - 4,545. The structure is strong, buyers are still controlling the trend, and the macro backdrop continues to support gold through weak USD pressure and lower Fed-hike expectations.
If buyers break 4,570, gold can extend toward 4,600. If 4,540 fails, the market may need a deeper pullback toward 4,515 - 4,525 or 4,455 - 4,480 before the next bullish attempt.
Best approach: follow the trend, but do not chase directly at liquidity. Wait for a clean retest or a confirmed breakout.
Will buyers break 4,570 and drive gold toward 4,600, or will this liquidity target trigger a short-term pullback first?
Trend Continuation Is Going On… #AUBANK🌊 **Trend Continuation Is Going On… | AUBANK**
AUBANK is showing a clear **Higher High (HH) + Higher Low (HL)** structure on the Daily timeframe, keeping the broader trend firmly bullish.
The chart is displaying a very clean sequence of:
**HH → HL → HH → HL → HH → HL → HH**
This is the basic language of an uptrend — buyers continue to push price to new highs, while corrections are finding support at progressively higher levels.
### 🔍 What the Chart Shows
🔹 The earlier **HH–HL structure** established the primary uptrend.
🔹 Each meaningful correction has held above the previous important swing low, maintaining the bullish market structure.
🔹 The recent decline toward the **₹959 zone** formed another **Higher Low** relative to the previous major swing low.
🔹 Price has now recovered strongly and is testing/breaking the previous **Higher High zone around ₹1,090–₹1,100**.
🔹 The blue projection illustrates the possibility of **continued upside after the breakout**, provided the bullish structure remains intact.
### 🎯 Key Level
**₹959 — Count Invalidation**
As long as price respects this level, the current bullish structure remains valid according to the drawing.
A decisive break below ₹959 would invalidate this particular bullish interpretation and require reassessment of the structure.
### 📈 The Bigger Picture
The important point here isn't simply the projected arrow.
It's the **structure**:
> **Higher Highs + Higher Lows = Trend Continuation**
When the market is consistently making HHs and HLs, there is no structural reason to assume a reversal merely because price has already moved significantly.
Let the market structure guide the analysis.
**A trend remains a trend until the structure tells us otherwise.** 🌊
⚠️ **Disclaimer:**
This post is for educational purposes only and represents a personal technical-analysis interpretation. It is not financial or investment advice. Market structures and projections are probabilistic and can fail. Always do your own research and manage risk appropriately.
#AUBANK #ElliottWave #TrendContinuation #HigherHigh #HigherLow #MarketStructure #TechnicalAnalysis #PriceAction #ChartAnalysis #TradingView #TradingEducation #StockMarket #NSE #IndianStockMarket #SwingTrading #PositionTrading #TrendFollowing #BullishTrend #BreakoutTrading #NikhilKanal
BRIAN XAUUSD – GOLD HOLDS ABOVE 4,450, BUYERS STILL CONTROL BRIAN XAUUSD – GOLD HOLDS ABOVE 4,450, BUYERS STILL CONTROL VALUE
Gold has pushed to a fresh two-month high after breaking above the 4,500 area, supported by renewed market demand as traders reacted to the US Treasury rescue plan. This came after long-term Treasury yields jumped sharply and created strong volatility across the bond market.
From a macro view, gold is still being supported by uncertainty. When bond markets become unstable and traders begin to question the next Fed path, gold can attract fresh demand as a defensive asset.
But after such a strong bullish expansion, the next clean trade is not about chasing the top. The key is waiting for price to return into value.
Technical structure
On the H1 chart, gold has created a strong impulsive move from the lower accumulation area and shifted into a bullish value expansion.
Price is currently trading around 4,491 after reacting from the high near 4,524. The bullish structure is still valid as long as price stays above the Buy zone POC around 4,455 - 4,465.
This Buy zone POC is the main decision area. If buyers defend this zone, gold can build another push back towards the recent high at 4,524.
Below that, the small FVG / liquidity zone around 4,445 - 4,455 is also important. It shows where price moved aggressively and left imbalance behind. A retest into this area may attract buyers again.
The deeper FVG rejection candle zone around 4,375 - 4,420 is the larger support if gold needs a stronger correction.
Important zones
Current price area: 4,490 - 4,500
Gold is holding high value after a strong bullish move.
Buy zone POC: 4,455 - 4,465
Main support and preferred buy-reaction zone.
FVG / liquidity zone: 4,445 - 4,455
Short-term imbalance area where buyers may defend.
FVG rejection candle zone: 4,375 - 4,420
Deeper demand zone if price corrects harder.
Recent high: 4,524
First upside target and breakout level.
Trading scenario
Buy reaction from Buy zone POC 4,455 - 4,465
Entry:
Look for buy positions only if price pulls back into 4,455 - 4,465 and shows clear bullish rejection.
Stop Loss:
Below the Buy zone POC or below the FVG liquidity area.
Take Profit:
TP1: 4,500
TP2: 4,524
TP3: Trail higher only if gold breaks and holds above the recent high
This setup follows the current bullish Volume Profile structure while avoiding emotional buying after a vertical move.
Alternative scenario
If gold loses 4,445 - 4,455 and fails to reclaim it, the market may need a deeper reset into the larger FVG rejection zone around 4,375 - 4,420.
That would not immediately cancel the bullish trend, but it would show that the market needs to refill lower value before continuation.
Final view
Gold remains bullish while price holds above 4,455.
The trend is strong, buyers are still controlling value, and the recent high at 4,524 remains the next major target.
But the chart is extended. The better opportunity is waiting for price to retest the Buy zone POC, then watching whether buyers defend it again.
For now, my view is simple:
Gold is bullish above value.
The clean buy area is 4,455 - 4,465.
The next target is 4,524 if buyers hold control.
Would you buy the POC retest, or wait for gold to break the 4,524 high first?
EURAUD Breakout Rally Alert!Momentum is shifting as EURAUD tests the descending trendline and demand zone. Bulls are eyeing a breakout above 1.6378, with upside potential toward 1.6579. Risk is clearly defined below 1.6313, making this a high‑probability swing setup. Watch for confirmation — this could be the start of a powerful rally!
Long #CNXREALTYNifty Realty Index or CNXREALTY is making the perfect bullish structure. it all set out as:
1) 30th March perfect Hammer to mark the bottom
2) The following week - A massive 13% rally marking the entry of Mega Bulls
3) Also confirming the Morning Star reversal pattern
4) 827-850 was the neckline confirmation and then easily making a higher high with the Right shoulder confirmation.
5) Another reversal Inverted Head n shoulder pattern gets formed, which adds conviction for the bulls.
6) Made a high around 940 which again makes the next neckline if you zoom out and the bigger iHnS is visible (clearly marked on the charts)
7) If one can add Elliott counts, we can see Wave 4 is getting completed and the impulse wave 5 is ready to go
I wouldnt be surprised if this index makes a new ATH by EOY (financial)
XAUUSD: Rejects Pullback Toward SupportOn this H1 chart, XAUUSD is trading around $4,491 after being rejected from the $4,525 resistance. The rally has been extremely sharp, so short-term profit-taking is becoming more likely.
Gold’s broader backdrop remains supportive after the US Treasury unexpectedly doubled long-dated bond buybacks, pushing Treasury yields and the Dollar lower. Spot gold surged more than 3% on Wednesday and reached its highest level in over two months.
Technically, the rejection around $4,520–$4,525 favors a corrective move toward the former breakout zone around $4,410–$4,450. For now, I see this as a pullback within the broader bullish structure, not a full bearish reversal.
Will Gold retest $4,450 before buyers step back in?
NIFTY — DETAILED TRADING PLAN FOR 21-AUG-2026
Previous Close: 24,231.85 | Timeframe: 15 Min | Index: NIFTY
📚 EDUCATIONAL NOTE BEFORE WE START
Gap analysis is one of the most powerful tools in intraday trading. A gap of 100+ points on Nifty indicates strong overnight sentiment (global cues, FII/DII flows, news events). However, gaps must be respected with confirmation candles — never enter blindly at market open. Always wait for the first 15-min candle to close before taking a directional bet. Let's break down all three scenarios below. 👇
🟢 SCENARIO 1: GAP UP OPENING (100+ points, i.e., Open above 24,331)
Explanation: A gap-up of 100+ points shows aggressive buying interest from global/domestic cues. However, since price will open well above the "No Trade Zone" (24,182–24,278) and close to the Last Intraday Resistance (24,400–24,455), caution is needed as this zone historically caps rallies.
Plan of Action:
✅ If Nifty sustains above 24,331 and holds for 15 mins → mild bullish bias, but avoid fresh longs directly into resistance.
⚠️ Watch price action closely at 24,400–24,455 zone — this is a strong supply zone. A rejection here (long upper wick / bearish engulfing) → book profits on longs, consider light shorts with strict SL above 24,460.
🚀 A strong breakout & 15-min candle close above 24,455 → fresh momentum longs can be taken, targeting 24,500+ with trailing SL.
🔻 If price fails to sustain above open and slips back into the No Trade Zone (24,182–24,278) → treat it as a gap-fill move, stay neutral/cautious.
Options Strategy Tip: In gap-up openings, avoid buying high-premium ATM/ITM Calls immediately — IV crush can hurt you even if direction is right. Prefer slight OTM Calls or wait for a pullback entry.
🟡 SCENARIO 2: FLAT OPENING (Open within No Trade Zone: 24,182 – 24,278)
Explanation: A flat opening near previous close reflects indecision in the market. This is the most tricky scenario for intraday traders since price is sitting right inside the "No Trade Zone." Overtrading here often leads to whipsaws and stop-loss hunting.
Plan of Action:
🚫 Avoid initiating fresh positions as long as price oscillates inside 24,182–24,278. This is a "wait and watch" zone.
📈 A decisive 15-min candle close above 24,278 → go long, targeting the 24,340 → 24,400 → 24,455 zone in steps, trailing SL after each target.
📉 A decisive 15-min candle close below 24,182 → go short, targeting 24,145 → 24,075 → 23,959, trailing SL after each level.
🕒 Patience is key here — let the market pick a direction before committing capital.
Options Strategy Tip: In flat/sideways openings, premium sellers (option writers) have an edge. Traders comfortable with strategies like Iron Condor / Short Straddle (with proper hedge) can benefit, provided strict SL and margin management is followed.
🔴 SCENARIO 3: GAP DOWN OPENING (100+ points, i.e., Open below 24,131)
Explanation: A gap-down of 100+ points signals weak global cues/profit booking pressure. Price opening below the No Trade Zone directly tests the Opening Support (Gap Down case): 24,145 — but wait, if the gap itself is below 24,131, this support may already be broken at open, so next levels become crucial.
Plan of Action:
⚠️ If Nifty opens below 24,131 and shows a bounce attempt toward 24,145, treat this as a resistance-turned-zone. A rejection from here → shorts can be considered with SL above 24,182.
🔻 Sustained weakness & 15-min close below 24,145 → bearish continuation likely, targeting 24,075 (Last Intraday Support).
🛑 A breakdown below 24,075 on strong volume → next target opens up at 23,959. Trail SL strictly as each support breaks.
📊 If price reclaims back above 24,145–24,182 swiftly (V-shaped recovery), avoid chasing shorts — gap-fill/reversal possible, wait for fresh confirmation before longs.
Options Strategy Tip: In gap-down scenarios, buying Puts directly at open can be expensive due to elevated IV. Consider waiting for a small pullback/bounce to enter Puts at better premium, or use Put spreads to reduce cost & risk.
🛡️ RISK MANAGEMENT TIPS FOR OPTIONS TRADING
🎯 Position Sizing: Never risk more than 1-2% of your trading capital on a single trade.
⏱️ Time Decay Awareness: Theta works against buyers, especially post-noon. Plan entries/exits accordingly.
🔒 Always Use Stop Loss: Whether buying or selling options, a hard SL (price-based or premium-based) is non-negotiable.
📉 Avoid Overtrading in No-Trade Zones: Capital preservation > forced trades.
🧮 Hedge Naked Positions: If selling options, always hedge with a further OTM option to cap risk.
📰 Track Global Cues & Events: Gap opens are often event-driven (Fed policy, crude prices, geopolitical news) — stay updated.
💰 Don't Chase Momentum: If you miss the first move, wait for a retracement rather than jumping in late.
📝 SUMMARY & CONCLUSION
Today's plan revolves around three critical zones:
No Trade Zone: 24,182 – 24,278 (avoid fresh trades here)
Resistance Zone: 24,400 – 24,455
Support Zone: 24,145 → 24,075 → 23,959
Whether the market opens with a Gap Up, Flat, or Gap Down, the core principle remains the same: wait for confirmation, respect key levels, and manage risk strictly. Markets reward patience and discipline far more than impulsive decisions. Trade the plan, not your emotions! 🎯📈
⚠️ DISCLAIMER
I am NOT a SEBI Registered Analyst. This post is purely for educational purposes to help traders understand chart-based level analysis and risk management concepts. This is not investment advice or a buy/sell recommendation. Please consult your financial advisor and do your own research (DYOR) before making any trading/investment decisions. Trading in the stock market and options involves substantial risk of loss. 🙏
Structures Within Structures: The Layered Chart ConceptAll price action shown in this chart is historical and older than three months. This post is purely educational and observational in nature. It is not a forecast or a trading recommendation.
A Different Way of Reading a Chart
Most discussions around chart patterns focus on identifying multiple patterns coexisting within a single structure, for example a triangle forming alongside a parallel channel within the same price range. This post is about something different, a concept of multi layered structures, where an entire outer structure contains within it a completely separate inner structure, each capable of holding its own set of patterns.
The Outer Structure (Pink Dotted Line)
Marked with a pink dotted line is the broader, outer structure of this stock on the monthly timeframe. This represents the larger boundary within which the overall price action has developed over time.
The Inner Structure (White Line)
Marked with a white line, also on the monthly timeframe, is a separate inner structure forming within that same outer boundary. This inner structure develops its own pattern, distinct from whatever pattern may be forming on the outer layer.
Why This Distinction Matters
This is not simply about multiple patterns overlapping in the same space. It is about recognizing that a chart can have depth, an outer layer telling one structural story, and an inner layer nested within it telling a different one. Both layers can independently develop their own patterns, meaning a stock could be forming one type of structure on the outer boundary while simultaneously building an entirely different structure inside it.
XAUUSD: Bulls Hold 4,480, 4,595 Is the Next Prize XAUUSD: Bulls Hold 4,480, 4,595 Is the Next Prize
Market Context
Gold is trading around 4,483 after a strong bullish expansion, but price is now consolidating below the 4,500 decision level. The move remains constructive, but buyers need to prove that this is a pause before continuation, not the start of a deeper pullback.
Gold prices in India softened on Thursday, showing some short-term pressure in local pricing. However, on the XAUUSD chart, the main structure still leans bullish as long as price holds above the current support base.
Key point: gold is still bullish, but 4,500 is the level buyers must reclaim to open the next upside leg.
Technical Structure
Gold recently created a strong bullish impulse after breaking structure and leaving the Smart Money Buy Zone around 4,320 - 4,355. Price then pushed aggressively toward the 4,520 area before pulling back.
The nearest support is 4,480 - 4,490. If buyers defend this zone, gold can attempt another push toward the nearest peak around 4,520 - 4,525.
Above 4,525, the first breakout target is 4,555. If momentum stays strong, the final liquidity target sits around 4,595.
The main decision level is 4,500. Staying above or reclaiming this level gives buyers the advantage. Losing 4,480 may trigger a deeper correction before the next bullish reaction.
Key Levels
Current Price: 4,483
Key Decision Level: 4,500
Short-term Support: 4,480 - 4,490
Nearest Peak: 4,520 - 4,525
First Breakout Target: 4,555
Final Liquidity Target: 4,595
Smart Money Buy Zone: 4,320 - 4,355
Bullish Continuation: Above 4,525
Correction Risk: Below 4,480
Trading Plan
Buy Scenario
Entry: 4,480 - 4,490 after bullish confirmation
SL: Below 4,460
TP: 4,500 / 4,525 / 4,555
Condition: Price must hold the short-term support zone and show a clear bullish reaction. Buyers need to defend this base before another upside attempt becomes valid.
Buy Breakout
Entry: Above 4,525 after breakout and retest
SL: Below 4,490
TP: 4,555 / 4,575 / 4,595
Condition: Price must break the nearest peak with strength, retest successfully, and hold above 4,525. This confirms continuation toward the higher liquidity targets.
Sell Reaction
Entry: 4,520 - 4,525 after bearish rejection
SL: Above 4,555
TP: 4,500 / 4,490 / 4,480
Condition: Price retests the nearest peak but fails to break through. This is only a short-term reaction sell, not the main bias unless gold later breaks below 4,480.
Deep Pullback Buy
Entry: 4,320 - 4,355
SL: Below 4,300
TP: 4,480 / 4,500 / 4,525
Condition: If price loses 4,480 and corrects deeper, the Smart Money Buy Zone becomes the next important area to watch for a strong bullish reaction.
Breakdown Sell
Entry: Below 4,480 after breakdown and retest
SL: Above 4,500
TP: 4,460 / 4,430 / 4,355
Condition: Price loses short-term support, retest fails, and bearish momentum expands. This would confirm a corrective phase toward lower demand.
Overall Bias
Gold remains bullish while price holds above 4,480 - 4,490. The market has already broken structure and pushed strongly higher, but buyers now need to reclaim 4,500 and break 4,525 to confirm continuation.
Above 4,525, the next targets are 4,555 and 4,595. Below 4,480, gold may need a deeper pullback before buyers try again.
Best approach: follow the bullish structure, but do not chase while price is stuck below 4,500. Wait for support confirmation or a clean breakout above 4,525.
Will buyers reclaim 4,500 and drive gold toward 4,595, or will this pullback test the lower buy zone first?
XAU/USD - Sellers Take a Step BackHi, Traders!
OANDA:XAUUSD has extended aggressively higher and is now testing the 4,526–4,538 resistance zone. After such a vertical move, price looks stretched on H4, so I’m watching for a short-term correction rather than chasing another bullish candle.
If buyers fail to establish acceptance above 4,538 and rejection develops from this area, I favor a pullback toward:
🎯 Target Zone: 4,410–4,340
This is important: I see it as a technical correction, not yet a major bearish reversal. The broader structure remains strong and price is still well above the Ichimoku Cloud.
AURICVERSE View: Gold is still fundamentally strong, but strong trends also need to reset. If resistance holds, 4,410–4,340 is the area where I’d expect buyers to become interesting again.
How are you reading this structure? Share your view below.
BTC/USDT - Bulls Aim Higher, Comeback StrongNice day, Traders!
BINANCE:BTCUSDT has finally broken above the long-standing descending trendline, and the move was anything but weak. Price accelerated from the 64K–65K breakout area toward 70K, while the broader H4 structure now sits clearly above the Ichimoku Cloud.
After such an impulsive expansion, I’m not interested in chasing price around 69K. The cleaner area for me is around 68,000.
If BTC pulls back toward 68K, holds the level and buyers step back in, I still favor continuation toward:
🎯 Target: 71,000
The macro backdrop is also relatively supportive. The US Dollar remains near three-month lows, while long-term Treasury yields have fallen after the US Treasury expanded its bond-buyback operations. Reuters noted that Bitcoin and Ether benefited alongside other assets from this liquidity-driven move.
I’d rather see 68K confirmed as support than buy after a vertical breakout candle.
A sustained H4 move back below the breakout structure would make me reassess the continuation setup.
AURICVERSE View: the breakout has already proved buyers are willing to step in aggressively. Now the important question is whether the market can turn 68K into a base. If it can, 71K remains the next level on my radar.
How are you reading this structure? Share your view below.
BTCUSDT: Breakout Aims $71.2K, Strong BullishBTCUSDT is trading around $69.6K, up more than 8% on the day, after a powerful breakout from the descending channel. The move was accompanied by a sharp increase in volume, confirming strong buyer participation.
Macro conditions have also turned more supportive. The US Treasury’s decision to double long-dated bond buybacks pushed Treasury yields lower and weakened the Dollar, helping risk assets including Bitcoin rally sharply.
Technically, the breakout above the $64K–$65K structure marks a clear momentum shift. After such an explosive move, a short pullback would be healthy; as long as buyers continue defending the breakout structure, I favor continuation toward $71,000–$71,200.
Can Bitcoin hold the breakout and push through $71K next?
Option TradingIntraday trading involves buying and selling financial instruments within the same trading session, with all positions closed before the market ends. Traders aim to take advantage of short-term price fluctuations using fast decision-making and technical analysis. Intraday trading is highly active and often relies on chart patterns, volume analysis, momentum indicators, and market news to identify quick trading opportunities.
Institution Option TradingPCR (Put-Call Ratio) – Institutional Trading Strategy
What is PCR?
PCR = Put OI ÷ 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
👉 You follow PCR = You follow smart money
📈 PCR Levels (Game Changer)
3. Key Zones
PCR < 0.7 → Bearish sentiment (too many Calls) → ⚠️ Reversal possible
PCR 0.7 – 1 → Neutral zone
PCR > 1.2 → Bullish sentiment (too many Puts) → ⚠️ Reversal possible
XAU/USD 1H — Resistance Rejection → 4,437 Support RetestKey levels
Resistance: ~4,485–4,505
Price has pushed sharply into this zone after breaking above the previous range.
The upper wick near 4,520 shows strong rejection from higher prices.
Current candles are consolidating underneath resistance rather than breaking cleanly through it.
Major support / target: ~4,420–4,437
4,437.35 is the clearly marked level.
This area previously acted as resistance and was broken during the strong upside move.
A pullback into this zone would therefore be a classic breakout-retest area.
🐻 Bearish scenario
The drawn setup makes sense if price remains below the 4,500–4,505 resistance zone.
A potential sequence is:
4,490 → rejection at 4,500 → lower highs → 4,460 → 4,437
The strongest confirmation would be a 1H bearish close below the local consolidation, followed by a failed attempt to reclaim resistance.
🐂 Bullish invalidation
The short idea becomes considerably weaker if gold gets a convincing 1H close above ~4,505, particularly if the breakout is followed by a successful retest of 4,500 as support.
A move through 4,520 would further invalidate the immediate bearish setup and indicate continuation rather than retracement.
Overall read
Bias: cautiously bearish from resistance, targeting 4,437.
However, I would not short simply because price touched resistance. The better setup is to wait for rejection/structure confirmation. The 4,437 area is particularly important because it represents the previous breakout zone; if buyers defend it, the larger bullish trend can resume.
XAUUSD — 4,500 Is the Gate to 4,650?🌸 XAUUSD — 4,500 Is the Gate to 4,650?
Gold is showing a strong bullish structure after breaking above the previous resistance zone.
The market pushed sharply from the lower support area and is now trading around 4,480 - 4,500, right under the short-term breakout line.
This is where the chart becomes very interesting.
The trend is bullish.
But after a strong move, I still do not want to chase the candle.
I want to see if buyers can defend the new structure.
The simple read
4,500 is the first important gate today.
If gold breaks and holds above 4,500, buyers may try to push price toward the weekly high around 4,524 - 4,527.
That area is important because it aligns with the 1.618 Fibo reaction zone.
If momentum remains strong above 4,527, the medium-term target zone around 4,650 becomes the next major area to watch.
But if gold fails to hold above 4,500, a pullback may appear first.
The key buy zone is around 4,475 - 4,490.
If buyers defend this OB area, the bullish continuation plan remains healthy.
Below that, 4,450 is the previous resistance zone and can become an important retest support.
Key price zones
Current price area: 4,480 - 4,500
Breakout gate: 4,500
Weekly high / Fibo reaction: 4,524 - 4,527
Medium-term goal: 4,650
Buy zone OB: 4,475 - 4,490
Retest support: 4,450
Bullish continuation improves above: 4,500
Short-term structure weakens below: 4,450
Trading plan
Bullish continuation scenario
If gold breaks and holds above 4,500:
The bullish structure becomes stronger.
Price may continue toward 4,524 - 4,527 first.
If buyers keep control above that area, 4,650 becomes the medium-term reaction target.
Pullback buy scenario
If gold rejects from 4,500:
I will watch the 4,475 - 4,490 buy zone.
A clean reaction from this area may support another bullish attempt.
If this zone fails, 4,450 becomes the next important support to watch.
Deeper retest scenario
If 4,450 breaks clearly:
Gold may need more correction before the next bullish setup.
In that case, I would wait for a new reaction instead of forcing entries.
Tiara’s View
Gold is bullish, but the market is now near a breakout gate.
4,500 is the key level.
4,524 - 4,527 is the first upside reaction zone.
4,650 is the medium-term goal if buyers keep control.
4,475 - 4,490 is the first buy zone to defend.
The clean plan is simple:
Do not chase the top.
Wait for 4,500 confirmation.
Or wait for the OB buy zone reaction.
Reaction first.
Confirmation second.
Trade last.
No confirmation = no trade.
Do you think gold can break 4,500 and open the road toward 4,650, or will it retest the buy zone first?
now gold downfall startedThe Psychology Behind This SELL Setup 📉
This trade is not about selling just because Gold reached resistance.
The idea is to sell into an area where price has already made an aggressive move upward and is now testing a major resistance zone around 4,520.
The psychology is simple:
After a strong rally, buyers become confident and late buyers start entering near the highs. That is exactly where liquidity builds.
If price fails to sustain above the resistance, those late buyers can become trapped. Once selling pressure enters, their stop losses and exits can add fuel to the downside move.
My idea:
SELL around 4,500
Resistance: 4,520–4,550
Major invalidation: 4,590
First confirmation: break below 4,453
Major downside objective: 4,121
The important part is not predicting that Gold MUST fall.
The important part is understanding the risk/reward and waiting for price to confirm the idea.
A good trade is not about being right every time.
It is about knowing exactly where your idea is valid, where it becomes invalid, and having the discipline to follow the plan.
XAUUSD | Gold Trading | Daily Structure
BAJAJHIND LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure.
The Elliott Wave analysis indicates that the stock has completed correctin waves a b c in black circle. Now, Impulse wave started. wave (i) and (ii) completed and wave (iii) appears to be underway at this time which are shown as blue numbers on the daily chart
Wave (ii) is retracted 0.707 of wave (i) and wave (iii) is expected at level 1 and 1.618 of wave (i) which is shown on chart.
It is anticipated that wave (iii) will have about five subdivisions shown in red colour.
Wave i and ii in red colour of wave (iii) is completed and wave iii in red colour is unfolding.
Price is moving in a channel also.
Wave levels shown on chart.
Level of Invalidation
The Wave i in red colour has been identified as the invalidation level at 16.58 because wave ii do not cross the starting point of wave i. If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems.
Secondly, 14.85 is also a invalidation level i.e. stating point of wave(i) in blue colour.
I am not a registered Sebi analyst. My research is being done only for academic interests.
Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses.
Regards
Dr Vineet
360 ONE WAM Date 20.08.2026
360 ONE WAM
Timeframe : Day Chart
Cmp 1215
(1) Annual Recurring Revenue : ARR now accounts for roughly 75% to 77% of total operating revenue. This provides immense earnings predictability and de-risks the company's financials from short-term stock market volatility
(2) Company has delivered good profit growth of 26.8% CAGR over last 5 years
(3) Asset-Light, Capital Efficient: As a pure-play services provider, it requires very little capital expenditure to scale. This efficiency reflects in its robust Return on Tangible Equity (RoTE) of 19.3% as of FY26 alongside a historic healthy dividend payout averaging above 45%—making it an attractive choice for cash-flow-focused investors
The Dominant Non-Bank Wealth Manager: Managing massive total assets under management (AUM) exceeding ₹6.7 lakh crore (approx. $80+ billion), 360 ONE WAM is the undisputed leader in India's private banking ecosystem, serving over 8,900 ultra-wealthy families
Regards,
Ankur Singh
XAU/USD - Breakout Holds Stance, Next BullHello traders, how are you all viewing this breakout?
OANDA:XAUUSD has broken out of the prolonged downtrend line and is currently holding firmly above the Ichimoku cloud. The price maintaining around 4,300+ after the strong rally shows that buyers are still in control of the H8 structure.
My most important area is 4,196–4,301. If a pullback occurs but this area continues to be defended, I still favor a further uptrend rather than a reversal.
🎯 Target 1: 4,500
🎯 Target 2: 4,600
On the other hand, the macroeconomic outlook is leaning towards gold as weak US employment data has reduced expectations of a Fed interest rate hike, while the USD remains near its two-month low. This is a fairly favorable foundation for XAUUSD at the start of the new week, although upcoming US CPI data still needs to be monitored.
I advise against FOMO in the current area. A retest of support would be noteworthy.
The bullish scenario weakens if the price loses 4,300; a clear H8 close below 4,196 would necessitate a reassessment of this structure.
AURICVERSE View: The breakout is there; the question now is whether buyers can hold the breakout zone. If so, 4,500 and 4,600 remain the two areas I'm monitoring.
How are you reading this structure? Share your view below.






















