On 30th April, Nifty traded in a rangebound manner, as reflected in the charts. It took support around the 24,200 level, highlighted in green. Any adverse geopolitical development, such as an incident involving POK or Pakistan, could trigger a sharp decline, potentially pushing Nifty down to the 23,990 – 23,870 zone. A decisive move on the upside is expected only above the 24,470 level.
⭐️GOLDEN INFORMATION: Gold’s intraday decline appears partly driven by technical selling pressure after decisively breaking below the key $3,265–$3,260 support zone. However, the US Dollar (USD) struggles to sustain any significant recovery as expectations grow for more aggressive Federal Reserve (Fed) rate cuts—fueled by an unexpected contraction in US GDP and signs of softening inflation. These factors may continue to support demand for the non-yielding precious metal, suggesting that traders should remain cautious before anticipating a deeper pullback from the recent all-time high near $3,500. ⭐️Personal comments NOVA: Crossing the 3264 mark in the sideways price zone, gold prices continue to weaken. ⭐️SET UP GOLD PRICE: ?SELL GOLD zone : 3270- 3272 SL 3277 TP1: $3260 TP2: $3250 TP3: $3240 ?BUY GOLD zone: $3178 - $3176 SL $3171 TP1: $3185 TP2: $3200 TP3: $3210 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
After a night of trend changes, XAUUSD has reached 3225. This is consistent with my prediction this week, and the direction is also consistent. In terms of operations, most of the orders are short-selling. This allows us to seize the opportunity to make money by shorting XAUUSD in the market. BTCUSD also successfully reached 95,000 after a small correction, which is very critical for buying at a low level to make a profit. The three-year-long Russian-Ukrainian situation may end If this "farce" is declared over, XAUUSD will fall at a faster rate. Currently in a downward trend, XAUUSD needs to focus on the opportunity to sell after the rebound. 3273-3255. The target is 3200 first. If it breaks through sharply, it can be considered to reach 3170. There are risks in trading. Remember to proceed with caution. If you don't know how to trade. Follow me.
I can see that the pair pushed higher. Invalidating my last post. But I still see sells and here is how? As you can see the pair made a high and you can see it took out the most recent low that made that high signalling that the pair has choch and I am enter based on this confluence. 1: A choch and Breakout of the trendline. 2: the market went to the most recent supply zone and cleared the equal highs. The market can invalidate the set up so use proper risk management Let's do the most.
#IO is a new AI token that was launched back in Jun 2024. Recently bounced from the ATL with a bullish PA so far, it shows an optimistic view for this token and for the AI sector in general. As long as it holds above $0.54 (the stop-loss), a major motive wave shall start to target the ATH. #IOnet
EURUSD remains in a tight range above 1,1300, with no significant movement today either. The trend is still bullish, but a correction toward 1,1253, 1,1183, and 1,1055 is possible. Tomorrow’s NFP data is expected to trigger stronger price action and set the direction. Until then, the market will likely remain indecisive – a good time for preparation rather than rushed decisions.
Buying opportunities Mon-Wed so far. Let’s see if it continues into previous NWOG
✅ Bullish Structure Is Forming The chart transitions from a range-bound/consolidation phase into a possible bullish breakout. The presence of higher lows (HL) and the break above a well-defined resistance level (~548.95) are strong signals of building momentum. Heikin Ashi candles are smoothing out noise and showing a clean bullish bias, which supports trend continuation. ? Entry Zone is Logical The entry zone at 541–543 is smartly positioned just after the price clears consolidation and starts forming strength. It avoids early entries but still catches the momentum before it’s too late. ? Stop Loss is Conservative and Safe A stop at 515.87 is well below Support 1 (524.06) and the recent Lower Low (LL)—good placement for minimizing risk while allowing the trade room to breathe. It protects against fake breakouts or market whipsaws. ? Take Profits Are Realistic Yet Ambitious TP1 (570.17) is a modest, achievable goal based on past highs. TP2 (597.32) and TP3 (624.47) stretch into longer-term resistance levels, offering a solid risk-to-reward ratio for swing or momentum traders. You can scale out—take partial profits at TP1 and let the rest ride to TP2/TP3. ⚠️ Risks & Caution Areas Volume and confirmation: Breakouts on low volume or weak momentum could reverse fast. Watch for strong bullish candles with volume confirmation. Macro news/events: As this is Goldman Sachs, any banking or Fed news could cause quick shifts—important to keep an eye on economic calendars. If price fails to hold above Resistance 1 and falls back below Support 2, the setup is likely invalidated. ? Final Thoughts This is a well-structured trade idea. The technicals align with a high-probability breakout, and the defined plan (entry, stop, targets) reflects discipline. If it aligns with your trading plan and you get a confirming candle above resistance, it’s a green light—just manage the risk and follow through.
Predicting the price would reach the channel top line. Bullish pattern + broke the key level and retesting. This is only my idea, I will share the results later.
Two higher lows have been formed at the bottom of the chart, and the price has already created a bullish CH. A trigger line has been formed, and it is expected to break after a few touches. With the trading range maintained, the price is expected to move towards the targets, which are marked on the chart. Closing a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You