Aashish Manglani

Trade Signal: SHORT (SELL) Asset: XAGUSD (Silver - H1) Entry Zone: 58.600 – 58.700 Stop Loss (SL): 59.100 (Above the descending trendline & recent high) Take Profit 1 (TP1): 56.800 (Lower trendline / local support area) Take Profit 2 (TP2): 55.300 (Major Support Zone) Key Technical Reasons Bearish Trendline Resistance: Price is forming lower highs, respecting a prominent descending trendline that continues to limit upside momentum. Horizontal Supply Zone: The 58.600–58.700 area has consistently acted as strong horizontal resistance, triggering repeated price drops whenever retested. High-Probability Confluence: The overlapping descending trendline and horizontal supply level create a strong rejection zone for high-reward short opportunities. Targeting Liquidity: The setup targets the

Trade Signal: LONG (BUY) Asset: XAUUSD (Gold - M15) Entry Zone: 4052.00 – 4058.00 Stop Loss (SL): 4045.00 (Below recent swing low / 1.0 Fib level) Take Profit 1 (TP1): 4080.00 (Recent local high) Take Profit 2 (TP2): 4090.00 (Key resistance level / Liquidity pool) Key Technical Reasons Fibonacci Golden Level Retracement: Price cleanly retested the 0.618–0.786 Fibonacci retracement zone (~4056.70 – 4052.44), showing strong buyer absorption at the golden pocket. Major Support Retest: The entry area aligns with a key horizontal support level, acting as strong confluence for a higher-low formation. Market Structure Shift (MSS): Lower-timeframe (M15) price action shows a transition from a bearish pullback to higher highs and higher lows, confirming a shift in momentum to the upside. ⚠️

Direction: Short / Sell Asset: BTCUSD Timeframe: M15 📍 Key Trade Levels Entry Zone: $62,900 – $63,120 (Current market price retesting broken support) Stop Loss (SL): $63,550 (Above the 0.786 Fibonacci level / high of the recent pull-back) Take Profit 1 (TP1): $62,440 (Recent local swing low) Take Profit 2 (TP2): $62,000 (Extended target as projected by the trend arrow) 📊 Setup Rationale Support Breakout: Price aggressively broke down below the previous key horizontal support zone ($63,120 – $63,280). Fibonacci Golden Zone Confluence: The retracement move tapped directly into the 0.50 ($63,127) and 0.618 ($63,288) Fibonacci retracement level, which now acts as strong resistance. Bearish Market Structure: Lower lows and lower highs are clearly established on the short timeframe following

Key Setup Highlights: Market Structure Shift (MSS): H1 chart shows clear lower lows and lower highs following repeated rejections off the $4,110–$4,120 resistance box. Bearish Volume: Strong selling pressure breaking through intermediate demand levels. Path of Least Resistance: Expecting price to break below the $4,020 zone and expand lower toward major support around $3,960. 🛑 Trade Parameters Bias: Short / Bearish Entry Zone: Current Price ($4,040 – $4,050) Target 1: $4,020.00 (Intermediate Support) Target 2: $3,960.00 (Major Lower Support) Stop Loss: Above $4,075.00 Disclaimer: Not Financial Advice (NFA). Trading gold carries significant risk. Manage your position sizes carefully. #XAUUSD #GoldTrading #ForexAnalysis #SmartMoneyConcepts #PriceAction #TradingIdea #NFA