Trading Nifty AnalysisWhere is Nifty right now?
Nifty closed at 23,689 on Thursday May 14. After a brutal fall earlier this week (it touched ~23,300), it bounced back for 2 days in a row. So right now it's in a recovery mood — but it hasn't really "fixed" itself yet. Think of it like someone who had a fever, now feeling slightly better, but not fully healthy.
2 What's the wall above? (Resistance)
If Nifty tries to go up next week, it will hit a wall around 23,500–23,600 first. That's the first test. If it somehow crosses that, the BIGGER wall is at 23,900–24,000 — where all the major moving averages (50-day & 200-day) are sitting. Lots of sellers will be waiting there to book profits. So going above 24,000 next week? Unlikely unless something very positive happens.
3 What's the floor below? (Support)
If Nifty starts falling, the first safety net is around 23,300–23,150. This zone has held multiple times recently. If it breaks this level decisively (and stays below it), then the next stop could be 23,000 or even 22,900. That's the danger zone — but that's not the most likely scenario for next week.
4 What's working in Nifty's favour?
Good news that could push it up:
Education
XAUUSD — Early Week Plan, Waiting For Buy Zone Retest
Gold is trading around $4,218 after recovering strongly from the lower area near $4,020. The chart shows a clear CHoCH and price is now holding above the short-term rising structure.
From an SMC perspective, gold has swept sell-side liquidity first, then created a bullish reaction. However, price is still below the day high around $4,246 and has not yet reached the higher buy-side liquidity at $4,363.
For the start of the week, I prefer to wait for a pullback into the FVG buy zone around $4,110–$4,130. If buyers defend this area, gold can continue the corrective recovery toward $4,300–$4,320 and then $4,363.
Buy setup
Condition:
Gold pulls back into the $4,110–$4,130 FVG buy zone and shows bullish rejection with lower-timeframe MSS / CHOCH.
Entry: $4,110–$4,130
SL: below $4,080
TP1: $4,180
TP2: $4,246
TP3: $4,300–$4,320
Continuation buy setup
Condition:
If gold breaks and holds above the day high at $4,246, wait for a retest before looking for continuation.
Entry: $4,240–$4,250 after breakout retest
SL: below $4,210
TP1: $4,300
TP2: $4,320
TP3: $4,363
Sell setup
Condition:
A sell setup is only valid if gold rejects strongly from the $4,300–$4,320 FVG zone or fails to hold above $4,246 after a false breakout.
Entry: $4,300–$4,320 after rejection
SL: above $4,345
TP1: $4,246
TP2: $4,180
TP3: $4,130
Key levels
Current price area: $4,218
Day high: $4,246
Main FVG buy zone: $4,110–$4,130
Upper FVG target: $4,300–$4,320
Buy-side liquidity: $4,363
Bullish invalidation: clean 1H close below $4,080
My early week view is bullish correction while gold holds above the lower FVG buy zone. The best Prime Gold setup is to wait for price to return into liquidity, confirm rejection, then follow the next upside move.
No confirmation, no trade.
Long
XAUUSD H4: Recovery Structure Is BuildingXAUUSD H4: Recovery Structure Is Building, Buyers Eye Higher Liquidity
Fundamental Analysis
Gold is showing a stronger recovery attempt after reacting from the weekly low area. The market is still sensitive to USD movement, inflation expectations, and risk sentiment, but the current price action shows that buyers are starting to defend the lower zone.
At this stage, the recovery is improving, but confirmation is still needed. If gold continues to hold above the current buy liquidity area, the upside structure may extend toward the next FVG and order block zones.
Technical Analysis
On the H4 timeframe, XAUUSD recently swept the weekly low around 4,024 and then created a strong bullish reaction. This shows that buy-side demand appeared from the lower liquidity area.
Price is now trading around 4,218 and holding above the lower FVG support zone. The current buy liquidity area around 4,200 - 4,220 is important because it is supporting the short-term bullish recovery.
If buyers continue to defend this zone, gold may continue higher toward the next FVG around 4,280 - 4,330. A clean break above this area could open the way toward the sell-side liquidity at 4,364.
The next important upside zones are the +OB area around 4,455 - 4,480 and the higher OB zone around 4,560 - 4,590. These are the key resistance and reaction areas if the H4 recovery continues.
Key Price Zones
Current price: 4,218
Buy liquidity zone: 4,200 - 4,220
Lower FVG support: 4,120 - 4,170
Weekly low: 4,024
Nearest FVG target: 4,280 - 4,330
Sell-side liquidity: 4,364
+OB resistance zone: 4,455 - 4,480
Higher OB zone: 4,560 - 4,590
Bullish invalidation: Below 4,024
Trading Plan
Primary Scenario: Buy From Current Structure
Entry: 4,200 - 4,220 after bullish confirmation
Stop Loss: Below 4,170
Take Profit 1: 4,280 - 4,330
Take Profit 2: 4,364
Take Profit 3: 4,455 - 4,480
Entry Conditions
Price holds above the 4,200 - 4,220 buy liquidity zone.
Buyers show clear bullish rejection from this area.
H4 structure continues to build higher lows.
Price should break above the nearest FVG zone with strength.
Avoid buying if price breaks and holds below 4,170.
Alternative Scenario: Buy From Deeper FVG
Entry: 4,120 - 4,170 after bullish confirmation
Stop Loss: Below 4,024
Take Profit 1: 4,220
Take Profit 2: 4,280 - 4,330
Take Profit 3: 4,364
Buy Conditions
Price needs to pull back into the lower FVG support zone and show a strong bullish reaction. A bullish CHOCH or clear rejection on lower timeframe would make the setup cleaner. If price loses the weekly low at 4,024, this buy scenario becomes invalid.
Sell Scenario
Entry: Below 4,024 after confirmed breakdown and retest
Stop Loss: Above 4,120
Take Profit 1: 3,980
Take Profit 2: 3,940
Take Profit 3: 3,900
Sell Conditions
A sell setup is not the priority right now. It only becomes valid if gold breaks below the weekly low at 4,024 and fails to reclaim it. This would show that the recovery structure has failed and sellers are returning to control.
Overall View
Gold is building a bullish recovery structure on the H4 timeframe after reacting from the weekly low. The main bias is now focused on buying pullbacks as long as price remains above 4,024.
The key buy area is 4,200 - 4,220, while the deeper support zone is 4,120 - 4,170. If buyers continue to defend these zones, gold may move toward 4,280 - 4,330, then 4,364 and 4,455 - 4,480.
Do you think gold will continue the H4 recovery toward 4,364 first, or retest the lower FVG before moving higher?
Long 
XAUUSD – H1 Bearish Structure Remains Active Below Sell Zone
Gold is still trading under short-term bearish pressure on the H1 chart. After the sharp decline from the upper liquidity area, price is now moving inside a corrective structure, but the recovery remains limited below the key sell zone around 4,247 – 4,254.
FUNDAMENTAL ANALYSIS
Gold is still reacting to the U.S. dollar, Treasury yields and upcoming U.S. data. For now, the technical structure remains more important because price has not confirmed a strong bullish reversal yet.
As long as gold stays below the main resistance and sell zone, the short-term view remains cautious and sellers may continue to defend higher prices.
TECHNICAL ANALYSIS – SMC + FIBONACCI
From an SMC perspective, gold has already created a strong bearish displacement on H1. The market broke below previous support, then formed a recovery from the lowest support this week around 4,022.
However, the current rebound is still trading below the major liquidity zone and below the SMA 200. This means the upside move may only be a corrective pullback before sellers react again.
The sell entry zone around 4,247 – 4,254 is the key area to watch. This zone sits near the previous breakdown area and may act as a resistance test. If price reaches this area and shows rejection, the bearish continuation setup becomes more attractive.
The lower liquidity area around 4,175 – 4,185 is also important. If gold breaks below this zone, sellers may push price toward the buy-test resistance around 4,119, then possibly back to the weekly low at 4,022.
KEY PRICE ZONES TO WATCH
Current price area: 4,218
Liquidity support zone: 4,175 – 4,185
Buy-test resistance: 4,119
Sell entry zone: 4,247 – 4,254
Major resistance: 4,269
Upper liquidity zone: 4,375 – 4,400
Lowest support this week: 4,022
Main bearish target: 4,119 – 4,022
Invalidation area for sell view: Above 4,269
TRADING SCENARIOS
Sell Scenario – Priority H1 View
If gold recovers into the 4,247 – 4,254 sell zone and shows rejection, I will watch for a bearish continuation setup.
Sell Zone: 4,247 – 4,254
Entry Condition: Bearish rejection, failed breakout, lower-timeframe CHoCH, or strong bearish displacement from the sell zone.
Stop Loss: Above 4,269 or above the nearest swing high.
Take Profit:
TP1: 4,175 – 4,185
TP2: 4,119
TP3: 4,022
Alternative Sell Scenario
If gold breaks below the 4,175 – 4,185 liquidity zone with strong momentum, sellers may return earlier without waiting for a higher pullback.
Sell Condition: Wait for a clean break below the liquidity zone, then watch for a retest and rejection.
Target: 4,119 – 4,022
Buy Scenario – Only Short-Term Reaction
A buy setup is not the main view on H1. However, if gold sweeps the 4,175 – 4,185 liquidity zone and quickly recovers, a short-term corrective bounce may appear.
Buy Zone: 4,175 – 4,185
Entry Condition: Liquidity sweep, bullish rejection, or lower-timeframe bullish CHoCH.
Take Profit:
TP1: 4,218
TP2: 4,247 – 4,254
Invalidation: If price breaks and holds below 4,175, the buy idea is invalid.
MY VIEW ON GOLD
My H1 view for gold remains bearish while price stays below the 4,247 – 4,254 sell zone and below the stronger resistance around 4,269.
The cleaner plan is to wait for price to retest the sell zone, then observe rejection on the smaller timeframe. If sellers defend this area, gold may continue lower toward 4,175, 4,119 and possibly 4,022.
Overall, gold can still recover slightly in the short term, but the main H1 structure remains weak unless buyers reclaim 4,269 with strong momentum.
Do you think gold will reject from the 4,247 – 4,254 sell zone, or break lower from the liquidity area first?
Short 
Gold: Buyers regain control after the reboundAfter a sharp decline earlier this month, gold is showing signs of stabilization and attempting to rebuild bullish momentum. The recent recovery from local lows has allowed buyers to reclaim several important levels, suggesting that the corrective phase may be losing strength. With ongoing geopolitical uncertainty and expectations surrounding central bank policy, XAUUSD remains one of the most closely watched assets in global markets.
From a fundamental perspective, gold continues to benefit from its status as a defensive asset during periods of uncertainty. Market participants remain focused on inflation trends, upcoming economic data, and expectations regarding future interest rate decisions. Any shift in monetary policy expectations or deterioration in risk sentiment could quickly influence the next move in precious metals.
From a technical standpoint, this analysis is based on the 1-hour timeframe. Following the selloff toward the 4,026 area, gold formed a local bottom and began developing a sequence of higher lows within a rising structure. Price has reclaimed the 0.705–0.79 Fibonacci retracement zone and is currently consolidating around 4,218, indicating that buyers continue to defend the recovery.
As long as the market remains above the 4,180–4,200 support region, the bullish scenario remains valid. The first upside objective is located near 4,286, which represents the recent swing resistance. A successful breakout above that level could pave the way toward the 4,371 area. Should momentum continue to strengthen, the next major target sits near 4,462, where a higher timeframe supply zone may attract renewed selling pressure.
The alternative scenario becomes relevant if gold loses the 4,180 support region and closes below it. Such a move would increase the probability of another test of lower levels and postpone the bullish continuation scenario. Therefore, this area remains the key level for risk management.
In my view, gold is approaching an important decision point. Buyers have managed to recover from the recent decline and regain short-term control, but they still need to prove their strength by breaking through overhead resistance. The reaction around the highlighted levels should determine whether this rebound evolves into a larger trend continuation.
This publication reflects my personal opinion and should not be considered investment advice. Long 
Head & Shoulders Meets a Historic Fair Value GapThe monthly chart presents a textbook sequence of price action events
Beginning with the formation of a Fair Value Gap (FVG) — an imbalance zone (highlighted in orange) created by the most significant single candle in the stock's entire monthly history.
Such gaps represent areas of price inefficiency where the market moved so aggressively in one direction that little to no two-sided trading occurred.
Following this, the structure developed a Higher High, Higher Low sequence — the defining characteristic of a bullish trending structure — suggesting buyers were in control of the price ladder.
However, price subsequently experienced a sharp, impulsive decline , disrupting the prevailing trend. This was followed by a Lower High, a critical structural shift signalling weakening bullish momentum.
Taken together — the initial peak, the sharp drop, the recovery into a lower high, and the final breakdown — the pattern fulfils the classical definition of a Head & Shoulders (H&S) formation.
The neckline, marked with the red horizontal line, acted as the key structural threshold. Once price breached this level with conviction, the breakdown was confirmed. Price has since migrated into the previously identified Fair Value Gap, an area the market had yet to revisit since its origin — a confluence that makes this zone a significant area of price interest from a purely technical standpoint.
The overlap of a classical reversal pattern with a historically significant imbalance zone creates a notable structural narrative on the monthly timeframe.
⚠️ Disclaimer:
This post is purely educational and observational in nature. It is not a forecast, trade recommendation, or financial advice of any kind. All content reflects technical price action analysis only. Past price behavior is not indicative of future results 
Long
XAUUSD: Weekly Wave 5 Still BearishGold is trading inside a broad descending channel, and the weekly structure still favors the downside. From Kelly’s view, the current rebound remains weak while price stays capped below the 4,250 sell zone, and the larger Elliott structure still suggests that wave 5 may continue lower.
The key idea is simple: gold may still have room to extend lower if the sell zone holds.
⟡ Market structure
The chart shows gold moving under a clear descending channel after the major rejection from the previous high. Price has already broken below the large accumulation zone and is now reacting beneath the 4,250 area.
This 4,250 zone is important because it acts as the nearest sell reaction area. If buyers fail to reclaim this level with strength, the market may continue to rotate lower towards the deeper liquidity region.
The lower structure still points towards the 3,458 area, which aligns with the strong liquidity resistance zone from the previous long consolidation base.
➤ Key levels
◌ 4,250: current sell zone and resistance
◌ 4,218: current reaction area
◌ 3,918: large accumulation zone and former support
◌ 3,458: major liquidity target and deeper support zone
◌ Above 4,250: area where the immediate bearish setup starts to weaken
⌁ Elliott Wave view
From an Elliott Wave perspective, gold appears to be developing a larger bearish wave sequence after completing the previous major upside cycle.
The current move can be read as wave 5 continuation inside the descending channel. Wave 3 delivered the strongest downside expansion, wave 4 developed as a corrective rebound, and price now remains vulnerable to the final wave 5 extension.
If gold rejects from the 4,250 sell zone, the next downside phase may continue towards 3,918 first, then potentially 3,458 if the weekly wave 5 expands strongly.
▸ FOMC focus next week
Next week’s FOMC meeting is the main macro event for gold.
The market will focus on the Federal Funds Rate, the FOMC statement, the updated economic projections, and the press conference. If the Fed keeps a hawkish tone or signals that rates may stay higher for longer, the US Dollar and yields could remain supported, adding pressure on gold.
If the Fed sounds softer, gold may see short-term relief. But for Kelly, the chart structure still matters first: as long as price remains below the sell zone, the broader bearish path stays active.
▸ Trading scenario
Preferred scenario: wait for price to reject from the 4,250 sell zone before expecting continuation lower.
Entry zone: 4,220–4,250 if bearish confirmation appears
Stop loss: above 4,270
Take profit 1: 3,918
Take profit 2: 3,650
Take profit 3: 3,458
Alternative scenario: if gold breaks above 4,250 and holds with strong acceptance, the immediate wave 5 sell setup weakens and the chart may need a more neutral weekly read.
⌁ Kelly’s view
For Kelly, this is still a weekly sell-the-rebound structure. The market is not showing enough strength to confirm a bullish reversal, and the descending channel continues to guide the larger direction.
The FOMC can create volatility, but the technical map remains clear.
Gold is still under weekly pressure. If the 4,250 sell zone holds, wave 5 may continue towards deeper liquidity.
Share your view below. Short 
XAUUSD — Medium-Term Corrective Rally From Weekly Liquidity
Gold is trading around $4,218 after reacting strongly from the weekly low near $4,024. The larger structure is still inside a descending channel, but the recent rejection from the low shows that sellers have not confirmed full continuation yet.
From an SMC perspective, price swept sell-side liquidity first, then created a strong reaction from the lower demand area. This opens the door for a medium-term corrective rally, especially if gold continues to hold above the $4,120–$4,160 FVG buy zone.
The first important resistance is the liquidity area around $4,246. If price breaks above this level, the next draw on liquidity is the OB sell scalping zone around $4,300–$4,330, followed by buy-side liquidity near $4,363. Above that, the larger OB zone around $4,440–$4,470 becomes the main medium-term target.
Buy setup
Condition:
Gold must pull back into the $4,120–$4,160 FVG buy zone and show bullish rejection with lower-timeframe MSS / CHOCH confirmation.
Entry: $4,120–$4,160
SL: below $4,080
TP1: $4,246
TP2: $4,300–$4,330
TP3: $4,363
Continuation buy setup
Condition:
If gold breaks and holds above $4,246, wait for a retest before looking for continuation.
Entry: $4,240–$4,250 after breakout retest
SL: below $4,200
TP1: $4,300
TP2: $4,363
TP3: $4,440–$4,470
Sell setup
Condition:
A sell setup is only valid if gold rejects strongly from $4,300–$4,330 or $4,440–$4,470 and prints bearish MSS / CHOCH.
Entry 1: $4,300–$4,330 after rejection
SL: above $4,365
TP1: $4,246
TP2: $4,180
TP3: $4,120
Entry 2: $4,440–$4,470 after rejection
SL: above $4,500
TP1: $4,363
TP2: $4,300
TP3: $4,246
Key levels
Weekly low: $4,024
Main FVG buy zone: $4,120–$4,160
Current price area: $4,218
Liquidity resistance: $4,246
OB sell scalping zone: $4,300–$4,330
Buy-side liquidity: $4,363
Medium-term OB target: $4,440–$4,470
Bullish invalidation: clean 12H close below $4,080
My current view is that gold may build a medium-term corrective rally after sweeping the weekly low. The main trend has not fully reversed yet, but the reaction from liquidity is strong enough to watch for buy setups on pullbacks.
The best Prime Gold plan is to wait for price to return into the FVG buy zone or confirm a breakout above liquidity before entering.
No confirmation, no trade.
Long 
XAUUSD – Weekly OutlookGold Remains Bearish Below Major Trendline
Gold is still trading under clear weekly pressure after losing the rising support structure and failing to reclaim the higher liquidity area. The daily chart shows that sellers remain in control while price is moving below the SMA 200 and below the long-term descending trendline.
FUNDAMENTAL ANALYSIS
Gold remains sensitive to the U.S. dollar, Treasury yields and upcoming U.S. economic data. If the dollar stays firm and rate-cut expectations remain weak, gold may continue to face selling pressure next week.
For now, the technical structure is still more important. As long as gold cannot reclaim the broken support and liquidity zone above, bearish continuation remains the main view.
TECHNICAL ANALYSIS – SMC + FIBONACCI
From an SMC perspective, gold has broken below an important support structure and confirmed weakness after failing to hold the previous trendline base. The recent move shows bearish displacement, and price is now testing the broken trendline area from below.
The zone around 4,218 – 4,300 is important because it may act as a sell-test area. If price fails to reclaim this zone, sellers may continue to defend the structure.
Above price, the liquidity zone around 4,400 – 4,446 is a stronger resistance area, also close to the SMA 200. A deeper recovery into this zone would still be considered a bearish retest unless gold breaks and holds above it clearly.
The main downside focus is the weekly low near 4,022. If this level breaks, gold may continue toward the strong support around 3,888, followed by the Fibonacci extension targets near 3,730 and 3,380.
KEY PRICE ZONES TO WATCH
Current price area: 4,218
Sell test trendline area: 4,218 – 4,300
Liquidity zone / SMA 200 resistance: 4,400 – 4,446
Strong resistance: 4,595
Lowest support this week: 4,022
Strong support: 3,888
Fibonacci Target 1: 3,730 – 3,700
Fibonacci Target 2: 3,400 – 3,360
Invalidation area for sell view: Above 4,446 – 4,595
TRADING SCENARIOS
Sell Scenario – Priority Weekly View
If gold retests the 4,218 – 4,300 area and shows rejection, I will watch for a bearish continuation setup.
Sell Zone: 4,218 – 4,300
Entry Condition: Bearish rejection, failed retest, lower-timeframe CHoCH, or strong bearish displacement from the broken trendline area.
Stop Loss: Above 4,300 or above the nearest swing high.
Take Profit:
TP1: 4,022
TP2: 3,888
TP3: 3,730 – 3,700
Alternative Sell Scenario
If gold recovers deeper into the 4,400 – 4,446 liquidity zone, I will still watch for sell reaction if price fails to reclaim the SMA 200 and descending trendline.
Sell Condition: Wait for rejection from 4,400 – 4,446 with bearish confirmation on the smaller timeframe.
Target: 4,022 – 3,888
Buy Scenario – Only Corrective Recovery
A buy setup is not the main view for next week. However, if gold holds above 4,022 and creates a bullish reaction, a short-term corrective bounce may appear.
Buy Zone: 4,022 – 4,000
Entry Condition: Liquidity sweep, bullish rejection, or lower-timeframe bullish CHoCH.
Take Profit:
TP1: 4,218
TP2: 4,300
Invalidation: If price breaks and holds below 4,022, the buy idea is invalid.
MY VIEW ON GOLD
My weekly view for gold remains bearish. The chart shows that price has lost an important support structure and is now trading below the SMA 200, while the descending trendline continues to pressure the market from above.
The cleaner plan is to wait for gold to retest resistance, then observe seller reaction on the smaller timeframe. The 4,218 – 4,300 area is the first sell-test zone, while 4,400 – 4,446 is the stronger liquidity resistance if price recovers deeper.
Overall, gold remains weak unless buyers can reclaim the liquidity zone and hold above the SMA 200. If 4,022 breaks, the next weekly downside path may open toward 3,888 and the Fibonacci extension targets below.
Do you think gold will reject from the trendline retest next week, or will price recover deeper into the 4,400 liquidity zone first? Short 
Long
Gold May Recover Into Fibonacci 0.5 Before Sellers React Again
Gold is showing a short-term recovery after sweeping the weekly low area around 4,024. However, the broader H4 structure is still trading under the descending trendline and below the SMA 200, which means the current upside move should be treated as a corrective pullback unless price can break the higher resistance zone clearly.
FUNDAMENTAL ANALYSIS
Gold is still reacting strongly to the U.S. dollar, Treasury yields and upcoming U.S. data. The current rebound looks more like a technical recovery after sweeping lower liquidity, while the broader market has not confirmed a full bullish shift yet.
For now, I prefer using fundamentals as background only and focusing more on price reaction around the key Fibonacci, FVG and trendline zones.
TECHNICAL ANALYSIS – SMC + FIBONACCI
From an SMC perspective, gold has swept the lower liquidity near the weekly low around 4,024 and created a strong rebound. This reaction shows that buyers are active in the lower zone, but price is now approaching a more important decision area above.
The current buy zone around 4,160 – 4,182 is holding as short-term support. As long as price stays above this zone, gold may continue its corrective move toward the FVG and Fibonacci 0.5 area around 4,280 – 4,312.
This upper area is very important because it combines several technical factors: Fibonacci 0.5 retracement, FVG, previous liquidity, and the descending trendline. If price reaches this zone and starts to reject, it may become the main sell reaction area.
The bigger trend is still bearish while gold remains below the trendline and below the 4,363 buyside liquidity. A clean break above the sell zone would weaken the bearish view, but if sellers defend the Fibonacci area, gold may continue lower again toward 4,182, 4,116 and possibly back to the weekly low.
KEY PRICE ZONES TO WATCH
Current price area: 4,194
Short-term support / Buy zone: 4,160 – 4,182
Breakout level: 4,116
Fibonacci 0.5 / FVG sell zone: 4,280 – 4,312
Trendline reaction area: 4,280 – 4,312
Major buyside liquidity: 4,363
Nearest downside target: 4,182
Secondary downside target: 4,116
Weekly low: 4,024
Invalidation area for sell view: Above 4,312 – 4,363
TRADING SCENARIOS
Buy Scenario – Short-Term Recovery View
If gold holds above the 4,160 – 4,182 buy zone, I will watch for a short-term recovery toward the Fibonacci 0.5 area.
Buy Zone: 4,160 – 4,182
Entry Condition: Bullish rejection, liquidity sweep, or lower-timeframe CHoCH.
Stop Loss: Below 4,160 or below the nearest swing low.
Take Profit:
TP1: 4,240
TP2: 4,280
TP3: 4,312
Sell Scenario – Priority Reaction View
If gold reaches 4,280 – 4,312 and shows rejection, I will watch for a sell reaction from the Fibonacci 0.5, FVG and trendline confluence.
Sell Zone: 4,280 – 4,312
Entry Condition: Bearish rejection, failed breakout, or lower-timeframe CHoCH.
Stop Loss: Above 4,312 or above the nearest swing high.
Take Profit:
TP1: 4,182
TP2: 4,116
TP3: 4,024
Alternative Scenario
If gold breaks below 4,160 – 4,182 with strong momentum, the recovery idea becomes weaker and sellers may return earlier.
Sell Condition: Wait for a clean break and retest below the buy zone.
Target: 4,116 – 4,024
MY VIEW ON GOLD
My current view is that gold may continue its short-term recovery first, with the main upside area sitting around 4,280 – 4,312. This is the zone where I will watch sellers carefully because it combines Fibonacci 0.5, FVG and the descending trendline.
The cleaner plan is not to chase price in the middle. I prefer watching two reactions on the smaller timeframe: first, whether buyers can hold 4,160 – 4,182 for a move higher; second, whether sellers appear strongly around 4,280 – 4,312.
Overall, gold can still recover in the short term, but the main structure remains bearish unless price breaks above the trendline and holds above the sell zone.
Do you think gold will reach the 4,280 – 4,312 Fibonacci zone before sellers react again?
Long 
XAUUSD: Wave 2 at Key Decision ZoneGold is currently moving inside a wave 2 structure after the strong recovery from the lower liquidity area. From Kelly’s view, the market is now sitting in a sensitive accumulation zone, where the next confirmation will decide whether buyers continue the recovery or sellers regain control.
The key point is clear: bullish confirmation comes above 4,245, while bearish confirmation comes below 4,170.
⟡ Market structure
Price reacted strongly from the previous lower base and pushed into the upper area before starting to correct. The current pullback is now holding around the 4,170–4,180 accumulation zone, which makes this area important for the next directional move.
As long as gold holds above 4,170, the wave 2 correction can still remain valid. If buyers defend this zone and price later breaks above 4,245, the recovery structure may continue into the next bullish wave.
However, if price loses 4,170 with a clear confirmation candle, the wave 2 structure weakens and the market may rotate lower towards the buy liquidity area below.
➤ Key levels
◌ 4,170–4,180: accumulation and current decision zone
◌ 4,245: bullish confirmation level
◌ 4,204: key resistance before confirmation
◌ 4,135–4,145: buy-side liquidity reaction area
◌ 4,118: lower confirmation zone for uptrend recovery
◌ 4,053: deeper sell confirmation level if weakness expands
⌁ Elliott Wave view
From an Elliott Wave perspective, gold appears to be developing wave 2 after the initial recovery move.
Wave 1 created the first bullish impulse from the lower range. The current move can be read as wave 2 correction, where price is testing whether buyers can hold the structure before wave 3 develops.
If gold confirms above 4,245, the bullish wave count gains quality, and wave 3 may begin with stronger upside momentum.
If gold breaks below 4,170, the wave 2 structure loses strength, and the market may need to search for lower liquidity before rebuilding another recovery base.
▸ Trading scenario
Preferred scenario: wait for price to confirm above 4,245 before expecting bullish continuation.
Entry zone: after a confirmation candle above 4,245
Stop loss: below the confirmed higher low or below 4,170
Take profit 1: 4,280
Take profit 2: 4,298
Take profit 3: 4,350 if wave 3 expands strongly
Alternative scenario: if gold closes below 4,170 with clear momentum, the bullish wave 2 setup weakens. In that case, price may rotate lower towards 4,135–4,145 first, then 4,118 or 4,053 if selling pressure expands.
⌁ Kelly’s view
For Kelly, this is a confirmation-based wave 2 setup. The reaction around 4,170–4,180 is important, but the market still needs to prove strength above 4,245 before the bullish continuation becomes cleaner.
Gold is holding the decision zone now.
Above 4,245, the recovery can continue. Below 4,170, the structure turns fragile again.
Share your view below. Short 
XAUUSD — Sell Below EMA Trend From Liquidity Resistance
Fundamental Analysis
Gold remains under pressure as the market continues to watch USD strength, Treasury yields, and upcoming U.S. data. The current structure still favours sellers while price trades below the main EMA resistance.
For now, any recovery should be treated as a technical pullback unless gold can reclaim the key resistance zone with strong confirmation.
Technical Analysis
On the 1H chart, XAUUSD is still trading below EMA 34, EMA 89, and EMA 200. This shows that the short-term trend remains bearish, with the EMA structure acting as dynamic resistance above price.
Price is also moving inside a descending channel. After the previous bullish reaction from the lower area, gold is now slowing below the EMA zone again, which means sellers may still control the structure.
The key sell area is around 4,249 - 4,283. This zone is important because it combines the previous key support zone, liquidity resistance, and the upper reaction area below EMA pressure. If price retests this area and rejects, the bearish continuation setup becomes cleaner.
Below current price, the next liquidity zone is around 4,055 - 4,065. If sellers break this area, the next downside target may extend toward 4,024 and then 3,953.
Important Key Levels
Current price area: 4,178
Main sell zone: 4,249 - 4,283
Key support turned resistance: 4,249 - 4,283
EMA resistance area: 4,205 - 4,300
Nearest liquidity target: 4,055 - 4,065
Key downside level: 4,024
Extended bearish target: 3,953
Invalidation area: above 4,300
Trading Scenario
Main Sell Scenario
Entry: 4,249 - 4,283
Stop Loss: 4,300
Take Profit 1: 4,055
Take Profit 2: 4,024
Take Profit 3: 3,953
Sell Condition
The preferred setup is to wait for gold to retest the 4,249 - 4,283 resistance zone. This is the main liquidity sell area on the chart and also aligns with the broken support structure.
A sell setup becomes more valid if price forms bearish rejection from this zone, such as a long upper wick, bearish engulfing candle, failed breakout, or lower high below the EMA structure.
If price rejects from the sell zone and breaks below 4,159 - 4,150, the bearish continuation view becomes stronger. The next downside focus would be 4,055 - 4,065, followed by 4,024 and 3,953.
Entry Conditions
Wait for price to retest 4,249 - 4,283.
Look for bearish rejection before entering sell.
Do not sell directly at the lows without a pullback.
If price breaks and holds above 4,300, the sell setup is invalid.
Overall, the main view remains bearish while XAUUSD trades below the EMA structure and inside the descending channel. The preferred plan is to wait for price to retest the 4,249 - 4,283 liquidity resistance zone, then look for sell confirmation toward 4,055, 4,024, and 3,953.
Do you share the same bearish view on gold, or are you waiting for a cleaner retest of the sell zone first?
Short 
GBPUSD Buy Zone Retest Before Continuation Higher
Fundamental Analysis
GBPUSD is trading in a short-term recovery structure as traders continue to watch U.S. dollar momentum, U.K. data, and central bank expectations.
After the previous bearish phase, price is now showing signs of a bullish reaction from the lower structure. If buyers can defend the retest zone, GBPUSD may continue its recovery toward the next resistance levels.
Technical Analysis
On the 1H chart, GBPUSD has broken out from the short-term descending structure and is now trading above the EMA cluster. EMA 34, EMA 89, and EMA 200 are starting to act more like support instead of resistance.
The key area on the chart is the buy zone around 1.3378 - 1.3385. This zone was previously a resistance area and may now become support if price retests it successfully.
Current price is around 1.3402, slightly above the buy zone. A controlled pullback into 1.3378 - 1.3385 followed by bullish rejection would create a cleaner buy setup.
The first upside resistance is around 1.3433. If buyers break this level, the next major target is the strong resistance zone around 1.3483 - 1.3485.
Important Key Levels
Current price area: 1.3402
Buy zone retest: 1.3378 - 1.3385
Short-term invalidation: below 1.3364
Nearest resistance: 1.3433
Strong resistance: 1.3483 - 1.3485
EMA support area: 1.3385 - 1.3400
Trading Scenario
Main Buy Scenario
Entry: 1.3378 - 1.3385
Stop Loss: 1.3364
Take Profit 1: 1.3433
Take Profit 2: 1.3483
Take Profit 3: 1.3485
Buy Condition
The preferred setup is to wait for GBPUSD to retest the 1.3378 - 1.3385 buy zone. This area is important because it aligns with the breakout retest structure and the EMA support zone.
A buy setup becomes more valid if price forms bullish rejection from this zone, such as a long lower wick, bullish engulfing candle, higher low formation, or a clean reclaim back above 1.3400.
If price holds above the buy zone and breaks 1.3433, the recovery scenario may extend toward the strong resistance zone at 1.3483 - 1.3485.
Alternative Sell Scenario
Entry: 1.3433 - 1.3483
Stop Loss: 1.3500
Take Profit 1: 1.3400
Take Profit 2: 1.3385
Take Profit 3: 1.3364
Sell Condition
This is not the main view. A sell setup should only be considered if GBPUSD reaches resistance and shows strong bearish rejection.
If price fails to break above 1.3433 or rejects from 1.3483 - 1.3485, sellers may create a short-term pullback back toward the buy zone.
Entry Conditions
Wait for price to retest 1.3378 - 1.3385.
Look for bullish confirmation before entering buy.
A hold above 1.3400 strengthens the recovery view.
If price breaks below 1.3364, the buy setup is invalid.
Watch for reaction at 1.3433 and 1.3483 - 1.3485.
Overall, the main view is that GBPUSD may continue higher if the 1.3378 - 1.3385 buy zone holds. A confirmed reaction from this area may support a move toward 1.3433 first, then 1.3483 - 1.3485.
Do you share the same bullish view on GBPUSD, or are you waiting for a cleaner retest of the buy zone first?
XAUUSD — Doji Reversal From Psychological Buy Zone
Fundamental Analysis
Gold remains sensitive after a strong bearish move into lower liquidity. The market is still watching USD strength, Treasury yields, and upcoming U.S. data, which may create volatility around the current support zone.
For now, the broader pressure is still bearish, but the reaction from the psychological buying zone shows that a short-term recovery may develop if buyers confirm control.
Technical Analysis
On the 6H chart, XAUUSD is still moving inside a descending channel, with EMA 34, EMA 89, and EMA 200 above price. This means the main trend has not fully turned bullish yet.
However, price has reached the 4,090 - 4,110 psychological buying zone and formed a doji-style reversal candle. This shows seller hesitation and may support a corrective bounce.
If buyers defend this zone, gold may recover toward 4,200 first, then 4,270 - 4,320, where the accumulation zone and descending trendline are located. This area will be important for the next reaction.
Important Key Levels
Current price area: 4,107
Psychological buying zone: 4,090 - 4,110
Doji reversal area: 4,090 - 4,110
Invalidation below: 4,047
Nearest recovery level: 4,200 - 4,220
Accumulation zone: 4,270 - 4,320
Trendline reaction zone: 4,270 - 4,320
EMA reaction area: 4,323 - 4,450
Higher EMA resistance: 4,566
Trading Scenario
Main Buy Scenario
Entry: 4,090 - 4,110
Stop Loss: 4,047
Take Profit 1: 4,200
Take Profit 2: 4,270
Take Profit 3: 4,320
Buy Condition
The preferred setup is to wait for gold to hold the 4,090 - 4,110 psychological buying zone. The doji candle near this area is an early sign that bearish momentum may be slowing down.
A buy setup becomes more valid if price confirms the doji reversal with bullish follow-through, such as a strong bullish candle close, higher low formation, or a reclaim above 4,120 - 4,140.
If this confirmation appears, the recovery move may target 4,200 first, then 4,270 - 4,320.
Alternative Sell Scenario
Entry: 4,270 - 4,320
Stop Loss: 4,360
Take Profit 1: 4,200
Take Profit 2: 4,110
Take Profit 3: 4,047
Sell Condition
This is not the main immediate view, but it should be monitored. If gold recovers into the accumulation zone and fails to break above the descending trendline, sellers may react again.
A sell setup becomes more valid if price forms bearish rejection from 4,270 - 4,320, such as a long upper wick, bearish engulfing candle, failed breakout, or lower high below the EMA structure.
Entry Conditions
Wait for bullish confirmation after the doji candle.
A reclaim above 4,120 - 4,140 would strengthen the buy setup.
If price breaks below 4,047, the recovery setup is invalid.
Watch for rejection if price reaches 4,270 - 4,320.
Always manage risk because gold can sweep liquidity before reversing.
Overall, the current view is that gold may attempt a corrective recovery after forming a doji reversal candle near the psychological buying zone. If buyers defend 4,090 - 4,110, XAUUSD may recover toward 4,200 first, then 4,270 - 4,320 where the accumulation zone and trendline reaction area are located.
Do you share the same view that gold may recover from this psychological buying zone, or are you waiting for stronger confirmation above 4,140?
Long 
XAUUSD - Bullish Recovery Confirmed, Buy Setup Remains Priority
Gold is trading around $4,180 after a strong bullish displacement from the weekly low near $4,024. Price has created a clear CHoCH and reclaimed short-term structure, showing that buyers are starting to control the intraday move.
From an SMC perspective, gold swept sell-side liquidity first, then reacted strongly from the lower OB and pushed through the previous structure. The current pullback is normal after the strong move up, and the key area to watch is the FVG buy zone around $4,115–$4,135.
As long as gold holds above this FVG zone, the bullish continuation scenario remains valid. The next upside target is the IFVG area around $4,180–$4,200, followed by the higher OB zone around $4,330–$4,350.
Buy setup
Condition:
Gold must pull back into the $4,115–$4,135 FVG buy zone and show bullish rejection. Entry is only valid after lower-timeframe MSS / CHOCH confirms buyers are stepping back in.
Entry: $4,115–$4,135
SL: below $4,085
TP1: $4,180
TP2: $4,220
TP3: $4,330–$4,350
Continuation buy setup
Condition:
If gold holds above $4,180 and breaks back above $4,220 with bullish displacement, a continuation setup can be considered after retest.
Entry: $4,180–$4,200 after breakout retest
SL: below $4,155
TP1: $4,220
TP2: $4,280
TP3: $4,330–$4,350
Sell setup
Condition:
A sell setup is only valid if gold fails to hold above $4,115 and breaks below the FVG zone with bearish displacement.
Entry: below $4,110 after bearish retest
SL: above $4,140
TP1: $4,080
TP2: $4,045
TP3: $4,024
Key levels
Current price area: $4,180
Main buy FVG zone: $4,115–$4,135
Lower OB support: $4,075–$4,095
Week low: $4,024
Short-term resistance: $4,220
Main upside target: $4,330–$4,350
Bullish invalidation: clean 1H close below $4,085
My current view is bullish while gold holds above the FVG buy zone. The best Prime Gold plan is to wait for price to return into a clean liquidity area, confirm rejection, then follow the next upside move.
No confirmation, no trade.
Long 
NIFTY50 Monthly Inside BarNSE:NIFTY
I am conducting a comprehensive technical analysis of the Nifty 50 index on the Monthly time frame. Currently, the market is consolidated and trapped within the range of a massive Inside Candle pattern. It has been stuck in this tight zone for the last few months. Based on market structure, whenever Nifty breaks out of such a major monthly inside candle—giving a decisive closing either above the high or below the low—it triggers a massive, high-probability directional rally.
To evaluate the reliability of this setup, I want to analyze previous historical instances where Nifty formed similar monthly inside bars and delivered significant moves. Please analyze the following specific dates and their outcomes:
February 1, 2021: An inside candle formed here, followed by a breakout that triggered a massive, explosive rally.
March 2, 2020: Another critical inside candle structure that led to a highly volatile and significant market move.
October 1, 2018: This instance resulted in a relatively minor but clear and successful directional rally.
November 1, 2016: The market was trapped inside a very large inside candle, which eventually broke out to deliver a powerful, sustained rally.
August 2015: Formed an inside bar that resulted in a minor move or rally.
2008 (Multiple Instances):
First instance: Triggered an incredibly sharp, rapid directional move.
Second instance: Led to a sideways, choppy phase initially, but eventually resolved correctly.
May 2006: A clean inside bar setup that resulted in an exceptionally strong and highly rewarding rally.
2004: Multiple inside bars formed a major consolidation zone, which eventually led to an incredibly powerful and sharp momentum move.
Right now, we are in 2026, and the market has been broadly consolidating in a multi-year zone since 2024. The current monthly candle is trading as an inside candle. It is anticipated that the breakout from this inside candle might occur before 2027, or at the very beginning of 2027, potentially triggering a significant rally.
Even though a monthly breakout takes months to fully play out, the upside or downside potential is massive. Based on this historical data, please provide a detailed analysis of how the market behaves post-breakout, what volume expansions look like, and what we can expect once the current inside candle high or low is breached Long 
XAUUSD (Gold Spot / U.S. Dollar) 1-Hour Chart: Bullish Reversal This is a 1-hour (1h) interval chart for Gold Spot / U.S. Dollar (XAUUSD) sourced from TradingView via OANDA. The chart illustrates a projected bullish reversal strategy following a distinct bearish descent, utilizing a harmonic or "Cup and Handle" style curved trajectory to forecast a massive upside rally.
Key Technical Elements & Price Levels
Current Price: The market is currently trading at 4,086.450, showing a slight minor intraday decline of -0.19% (-7.905).
The Bearish Phase (Left Side): Following a period of consolidation around the 4,337 level (marked by the red arrow and yellow horizontal box), the price broke downward sharply through June 10th and 11th. This downward channel is highlighted by a light-blue descending parallel channel with Fibonacci/coefficient text (0.8816...).
The Curve (The "Cup" Bottom): A prominent black curved line traces a rounded bottom, suggesting that the bearish momentum is exhausting around the 4,012 - 4,040 zone, setting up a structural floor.
The Long Setup (Green/Red Risk-Reward Box):
Entry Zone: Positioned right at the current price floor near 4,086 - 4,102, marked by a small yellow support rectangle.
Stop Loss (SL): Placed just below the recent swing low at 4,012.524 (red risk zone).
Take Profit (TP): Targeted at a major historical structural high of 4,503.389 (green reward zone).
Market Forecast
The analyst has outlined a zigzagging bullish path (green and black arrowed lines) expecting the price to bounce hard off the current support level. The massive green arrow on the right heavily emphasizes a strong Bullish Outlook, anticipating that the asset will break back past the 4,300 resistance levels to march toward the 4,500+ milestone over the coming trading sessions (June 12th–16th). Long 
NIFTY : Trading Levels and Action for 12-Jun-2026
📚 Educational Price Action Guide for Intraday Traders
Hello Traders! 👋
Welcome back to another educational market breakdown from Live Trading Box.
Tomorrow is Sensex Weekly Expiry, which means we can expect higher volatility, sudden option premium expansion, and sharp intraday moves. The key to surviving expiry day is not predicting direction but reacting to price action around important levels. 🎯
📊 Key Levels for 12-Jun-2026
🔴 Last Intraday Resistance Zone: 23,370 – 23,396
🟡 No Trade Zone: 23,126 – 23,199
🟢 Last Intraday Support Zone: 22,971 – 23,005
💚 Buyer's Accumulation Zone: 22,707 – 22,751
🚀 Bullish Target: 23,521
🟢 Scenario 1: Gap-Up Opening (+300 Points or More)
📌 What Does It Mean?
A gap-up opening of 300+ points indicates strong overnight bullish sentiment. However, expiry day gap-ups often trap emotional buyers before the actual trend emerges.
🎯 Trading Plan
🟢 If NIFTY opens above 23,396 and sustains:
🔸 Wait for the first 15–20 minutes to settle.
🔸 Avoid chasing the opening candle.
🔸 If price holds above the resistance zone of 23,370–23,396, the zone may convert into support.
🔸 A successful retest can provide a high-probability continuation setup.
🔸 Upside momentum may continue toward 23,521.
⚠️ Failure Scenario
🔸 If NIFTY opens above resistance but quickly slips below 23,370, profit booking may emerge.
🔸 False breakouts are common during expiry sessions.
🔸 Wait for confirmation before entering fresh longs.
🎓 Educational Note
Many traders buy immediately after a large gap-up and become trapped when institutions book profits.
✅ Let resistance become support.
❌ Never chase green candles.
🟡 Scenario 2: Flat Opening (Within ±300 Points)
📌 What Does It Mean?
A flat opening suggests the market is still deciding direction. This often creates the best intraday opportunities because key levels become more reliable.
🎯 Trading Plan
🔸 The market's decision area remains between 23,126 and 23,199.
🔸 This entire region should be treated as a No Trade Zone.
📈 Bullish Setup
🟢 If NIFTY sustains above 23,199:
🔸 Buyers may gradually gain control.
🔸 Watch for momentum toward 23,370–23,396.
🔸 A breakout above resistance may trigger further upside toward 23,521.
📉 Bearish Setup
🔴 If NIFTY breaks below 23,126:
🔸 Selling pressure may increase.
🔸 Immediate downside target becomes 23,005–22,971.
🔸 Sustained weakness below support can invite aggressive expiry-day selling.
🎓 Educational Note
The market spends most of its time creating confusion before creating opportunity.
✅ Trade outside the No Trade Zone.
❌ Avoid overtrading inside the range.
🔴 Scenario 3: Gap-Down Opening (-300 Points or More)
📌 What Does It Mean?
A gap-down opening of 300+ points reflects strong overnight weakness, but it does not automatically mean the market will continue lower throughout the day.
🎯 Trading Plan
🔸 Allow the first few candles to establish support and resistance.
🔸 Avoid panic selling immediately after the opening bell.
📈 Recovery Setup
🟢 If NIFTY reclaims 23,126–23,199:
🔸 Short-covering may emerge.
🔸 Buyers may attempt to push prices toward 23,370–23,396.
🔸 Sustaining above resistance can completely negate early weakness.
📉 Bearish Continuation Setup
🔴 If NIFTY remains below 22,971:
🔸 Bears may continue dominating the session.
🔸 Further weakness can drag prices toward the major accumulation zone at 22,707–22,751.
🔸 This zone may attract positional buyers and value-based accumulation.
🎓 Educational Note
Professional traders wait for confirmation after a large gap-down.
✅ React to price.
❌ Do not react to emotions.
🧠 Expiry Day Trading Psychology
🔹 Expiry sessions are designed to create maximum confusion.
🔹 Sharp moves can reverse within minutes.
🔹 Premium decay accelerates significantly during the second half of the session.
🔹 Small traders often lose money by overtrading.
🔹 Sometimes the best trade is no trade.
🛡️ Options Trading Risk Management Tips
🔹 Risk only 1–2% of total capital on a single trade.
🔹 Always define stop-loss before entering.
🔹 Avoid averaging losing positions.
🔹 Trade only liquid strikes with good volume and open interest.
🔹 Avoid buying options after large candles when premiums are inflated.
🔹 Book partial profits near targets.
🔹 Trail stop-loss once the trade moves in your favor.
🔹 Focus on capital preservation rather than maximizing profits.
🔹 During expiry, reduce position size because volatility can increase suddenly.
🔹 Remember: Consistency creates wealth, not one big winning trade.
📌 Summary & Conclusion
🔹 23,370–23,396 remains the key resistance zone for tomorrow's session.
🔹 Sustaining above this zone may trigger momentum toward 23,521.
🔹 23,126–23,199 is the major No Trade Zone and should be respected.
🔹 22,971–23,005 remains the first important support zone.
🔹 Below this support, the market may move toward the major buyer's accumulation area of 22,707–22,751.
🔹 Since tomorrow is Sensex Weekly Expiry, traders should focus more on confirmation and less on prediction.
🎯 Trade levels, not emotions.
🎯 Follow price action, not opinions.
🎯 Protect capital first and profits will follow.
📈 Wishing everyone a disciplined and profitable trading session!
⚠️ Disclaimer
This analysis is shared strictly for educational and learning purposes only to help traders understand price action, market structure, and risk management concepts.
I am not a SEBI Registered Analyst or Investment Advisor. This content should not be considered financial, investment, or trading advice.
Please consult your financial advisor before making any investment or trading decisions.
Trade at your own risk. 🙏📊
#NIFTY50 #NiftyAnalysis #PriceAction #TradingView #OptionsTrading #TechnicalAnalysis #IntradayTrading #SensexExpiry #RiskManagement #LiveTradingBox 🚀📈 
Long
