Gold Price Analysis May 16Yesterday's D1 candle pulled back within the uptrend with a liquidity sweep to 3121. Today there is unlikely to be a sell-off and the price will continue to return in the uptrend.
Today, it is better to mainly look for retest points for BUY signals.
In the immediate future, 3198 is the first BUY zone that the Asia-Europe session can consider. When breaking this zone, buy entries may not carry long TP expectations. The Breakout zone of 3153 and the bottom zone of 3125 are two important supports to prevent the gold price from a downward slide.
In the opposite direction, the Asian session resistance zone around 3254 also acts as an immediate barrier for the gold price increase. Break 3254 should not BUY until the 3288 zone before SELL Scalping can be done. The upper barrier of the Daily Frame is at 3320.
Priceactionanalysis
SHORT - GOLD (XAU/USD): Decending Triangle on GOLD Good Morning, Traders.
As always, please note that this is not financial advice — always do your own research (DYOR).
This morning, we are observing the development of a descending triangle pattern on the 15-minute timeframe, forming at a critical support level. This technical formation is often indicative of bearish momentum.
Should the price action decisively break below this key support, it would signal a potential shorting opportunity. Such a breakdown could trigger accelerated selling pressure, offering the possibility of favourable risk-to-reward setups for short positions.
Traders are advised to closely monitor price behavior around the support line, watch for increased volume on the break, and ensure proper risk management before entering any positions.
Stay vigilant and trade smart.
[INTRADAY] #BANKNIFTY PE & CE Levels(16/05/2025)Flat opening in banknifty. After opening if any downside movement can goes reversal from 55050 level. Strong upside rally expected if banknifty starts trading above 55550 level. This upside rally can goes upto 55950+ level in today's session. Any major downside only expected below 54950 level.
#NIFTY Intraday Support and Resistance Levels - 16/05/2025Gap up opening expected in nifty near 25200 level. After opening if nifty starts trading above 25300 level then expected strong further upside rally towards the 25500+ level. Any reversal only expected from 25250 level. Downside 25050 level will act as a strong support for today's session.
Gold Price Analysis May 14Yesterday's D candle with an increase but not significant and unable to surpass 50% of the previous bearish candle shows that the sellers still hold the initiative today.
The 2322 zone plays a key role at the moment when breaking the Down confirmation to 3200. If it bounces from 3222, it will confirm the trend back in the Sideway range with the upper range of 3260.
In the direction of the 3260 break, Gold will return to the uptrend with the resistance zones of 3280 and 3320, pay attention to the small resistance zone around 3305 for the scalping strategy. On the opposite side, the break of 3222 confirms the downtrend, extending the next reaction zone around 3200 and can extend the decline to 3176 today.
XAUUAD UPDATE 15-5-2025This chart is a technical analysis of CFDs on Gold (US$/OZ) with a 1-hour timeframe. Here's a breakdown of the key elements:
Chart Patterns:
1. Falling Wedge Pattern:
A clear falling wedge is outlined with blue trendlines converging downward, typically a bullish reversal pattern.
The price has tested the lower boundary multiple times, suggesting a strong support zone.
2. Projected Breakout:
An upward arrow indicates a possible breakout from the wedge.
The breakout zone appears to aim for the 3,473.994 level, marked with a red line.
A potential rally target is highlighted in a yellow zone, between approximately 3,400 and 3,500.
3. Support & Resistance:
Support: Around 3,122.690 (green line at the bottom).
Resistance: Approximately 3,261.270, with further resistance near 3,473.994.
4. Volume:
There’s steady volume activity, which could indicate accumulation before a breakout.
5. Fib Level:
A Fibonacci retracement level around 0.793, often used to confirm reversal zones.
6. US Economic Events:
Two U.S. flag icons suggest important economic data releases, which might trigger volatility and influence the breakout.
Conclusion:
This chart suggests a bullish outlook for gold, expecting a breakout from the falling wedge and targeting the 3,400–3,500 zone. However, the movement could be influenced by upcoming economic data, so it’s essential to watch for confirmation before acting.
Would you like an interpretation in a different format (e.g., simplified summary or trading plan)?
#NIFTY Intraday Support and Resistance Levels - 15/05/2025Gap up opening expected in nifty near 24750 level. After opening if nifty starts trading and sustain above this level then expected upside movement upto 24950 level. Below 24700 level there will be downside expected upto 24550. 24550 level will act as a strong and important support for nifty. Any major downside only expected below this support level.
[INTRADAY] #BANKNIFTY PE & CE Levels(15/05/2025)Today will be slightly gap up opening expected in banknifty. After opening if banknifty starts trading and sustain above 55050 level then expected bullish movement in index. This movement can goes upto 55450 level and can extend further upto 400-500+ points in case banknifty starts trading above 55550 level. Below 54950 negative movement expected. 54550 level will act as a downside support for banknifty. Major downside movement expected in banknifty below 54450 level.
#NIFTY Intraday Support and Resistance Levels - 14/05/2025Slightly gap up opening expected in nifty near 24700 level. After opening if nifty starts trading and sustain above 24750 level then upside movement expected upto 24950+ target. Downside 24500 level will act as a strong support for today's session. Any major downside expected below this support level.
[INTRADAY] #BANKNIFTY PE & CE Levels(14/05/2025)Today will be flat opening expected in index. After opening if banknifty starts trading and sustain above 55050 level then upside movement expected upto 55450+ level. 55450 will act as a resistance for today's session. Possible banknifty will consolidate in between range of 55050-55450 level. In case banknifty gives breakout of 55500 level and starts trading above 55550 then expected strong upside rally of 400-500+ points. Any downside only expected below 54950 level.
Gold Price Analysis May 13Candle D shows a strong selling force approaching the key support zone of 3200, if it breaks this zone, it will confirm the continuation of the strong downtrend
Gold is facing some selling force around 3265. There will be a lot of selling force waiting around 3270 and 3280. Today, you can watch for SELL around these two zones. If the breakout is confirmed towards 3317, you can implement SELL strategies.
On the contrary, the nearest support zone for the breakout that gold is aiming for is around 3243. 3222 and 3200 act as two stops for a prolonged slide in gold prices today. Remember that in the large frame, a downtrend wave is starting to form, so the downtrend of gold can fall very strongly.
Sell Signal for GBPUSD!Hey Guys,
In the new analysis on GBPUSD, price is close to a potential resistance area and based on the latest trend, it can be another good opportunity to open a sell position (as I've defined) with a good risk/reward ratio(1/3)
You can consider different Take profits and partially close your position until to the latest target.
Good luck :)
#NIFTY Intraday Support and Resistance Levels - 13/05/2025Gap up opening expected in nifty. After opening if nifty starts trading above 25000 level then possible strong upside rally upto 150-200+ points expected in index. 24750 level will act as a strong support for nifty. Any downside movement can reversal from this level. Now any major downside only expected below 24700 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(13/05/2025)Today will be flat or slightly gap up opening expected in banknifty. After opening if banknifty sustain above 55050 level then expected upside movement upto 55450 and this movement can extend for further 400-500+ points in case banknifty gives breakout of 55550 level. Any downside only expected below 54950 level. Downside 54550 level will act as a strong support for today's session.
Gold Price Action (TRAP)Gold has been respecting a clear descending channel on the 1H timeframe. After a strong bullish impulse, price has been consolidating within this structured decline, showing lower highs and lower lows. But something interesting is happening now...
🔍 Current Observations:
Price remains within the lower boundary of the descending channel — showing signs of compression.
Volume spike detected near recent lows while candles remain relatively small in range.
This is a classic “Volume > Price” divergence, often associated with smart money absorption or hidden accumulation.
💡 What This May Mean:
Despite the bearish structure:
The increase in volume without new strong lows could indicate that institutional players (smart money) are absorbing sell orders from retail traders.
These setups can often lead to a sharp upward breakout, especially if the price closes above the channel midline or recent swing high.
📌 What to Watch:
A confirmed break above the channel (preferably with strong volume) would validate a potential reversal.
Support remains fragile around the lower boundary. Failure to hold may trigger a final flush or fake-out before reversal.
🔔 Strategy Ideas:
⚠️ Don't jump in early — wait for a clean breakout candle with follow-through.
✅ Look for confirmation like:
Bullish engulfing at key support
Volume spike + breakout of last 1–2 candle highs
Break of descending trendline with a close
🧠 Final Thought:
This may be a smart money trap setup — where institutions accumulate just before the trend turns. Keep your eyes on volume + structure for the clearest signals.
#NIFTY Intraday Support and Resistance Levels - 12/05/2025Gap up opening expected in nifty near 24500 level. After opening if nifty starts trading above 24550 level then expected this rally can extend upto 24750+ in today's session. Downside 24250 level will act as a strong support for today's session. Any downside movement can reversal from this level. Major downside only expected below 24200.
[INTRADAY] #BANKNIFTY PE & CE Levels(12/05/2025)Today will be gap up opening in banknifty. Expected opening above 54000 level. After opening if banknifty sustain above this level then expected further extension in this rally towards the 54450 and this can give another 400-500+ points targets if starts trading above 54550 level. Any downside now only expected below 53950 level.
EURUSD price analysis week 20🌐Fundamental Analysis
USD gains ground: Thanks to the hawkish tone of the US Federal Reserve (Fed) and the announcement of the UK-US trade deal, the USD strengthened against other currencies, dragging the EUR/USD pair lower in the US session on Thursday.
US Monetary Policy Outlook: The FedWatch tool shows only a 17% chance of the Fed cutting interest rates in June, leaving the USD with room to rise if the Fed maintains a cautious stance.
Euro Outlook Weakens: ECB officials signaled a clear interest rate cut in June, as slowing growth and easing inflationary pressures limit the Euro's upside potential.
🕯Technical Analysis
EURUSD has established a downtrend after breaking through a key technical support zone around 1.12900.
Key support to watch is around 1.1100 and the next zone is the weekly support zone of 1.1000.
During the week, if there is any sign of price increase above 1.129 creating a False break pattern, we will pay attention to the peak area of 1.036 for the SELL strategy.
📈📉Trading Signals
SELL EURUSD 1.03600-1.03800 SL 1.04100
BUY EURUSD 1.11100-1.10900 SL 1.10600
BUY EURUSD 1.10000-1.09800 SL 1.09500
$BNB Surprised $678 Price Mega Big pumping & Touch to $700+ ✨ CRYPTOCAP:BNB Surprised $678 Price Mega Big pumping & Trying to $700+ Milestone again.
💫 From Breaking News:
• BNB Eyes $700 as CZ Pushes 90% Binance Chain Fee Cut
•Bhutan Partners with Binance Pay and DK Bank to Launch the World’s First National Crypto-Based Tourism Payment System
BNB price surged over 10%, hitting $642.92 after CZ’s 90% BSC gas fee cut proposal.
RSI reached 78.42, confirming strong bullish momentum and overbought conditions.
BNB may test $700 if Binance validators approve the proposed BEP-336 transaction model.
On May 9, Binance Coin (BNB) climbed to $642.92, rising over 10% in 24 hours. The price rally followed a proposal from Binance founder Changpeng Zhao (CZ) to cut gas fees on Binance Smart Chain (BSC) by 90%.
#Write2Earn #bnb #BinanceSquareFamily #MarketRebound #SUBROOFFICIAL
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested.
$ETH Surprised $2.4K Price Mega Big pumping & touch to $3K ✨ CRYPTOCAP:ETH Surprised $2.4K Price Mega Big pumping & Trying to $3K Milestone again.
💫 From Breaking News:
• Ethereum Foundation Invests $32.65M in Ecosystem Growth
• Ethereum To Expand Network Capacity with Gas Limit Increase
Ethereum blockchain is preparing for a major upgrade that could make its network faster, cheaper, and more efficient. Developers have proposed raising the gas limit by 66% in a new development, from 36 million to 60 million units.
This change aims to improve the number of transactions the network can handle per block. This is to help users and developers enjoy smoother and more affordable activity on the blockchain.
Developer Says Testing Success Leads to Mainnet Rollout
Ethereum core developer Parithosh Jayanthi recently confirmed that the upgrade had passed early tests and is now ready for broader use. The new gas limit was successfully tested on the Sepolia and Holesky testnets. According to Jayanthi, the final rollout to Ethereum’s mainnet will begin shortly.
This is the second time Ethereum has raised its gas limit in 2025. The first increase happened in February, when the limit increased from 30 million to 36 million. These changes came after there hadn’t been any gas increase on the network since 2021.
#Write2Earn #ETH #BinanceSquareFamily #MarketRebound #SUBROOFFICIAL
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested.