Bijeesh P Valloor

📈 Nifty Option Buying Specialist
🥇 Gold Trader | 15+ Years Experience
🎯 Daily Market Analysis & Trade Setups
🎓 Founder - SpikeX Trader
👇 Learn Trading

[Bijeesh P Valloor @spikeXtrader]

🚀 Welcome to my official X account

I am Bijeesh P Valloor, a trader and mentor with 15+ years of experience in the Stock Market I specialize in Nifty Option Buying and Gold Trading.

Follow for regular market updates and trading knowledge.

[Bijeesh P Valloor @spikeXtrader]

Gold.. Confused about the next move?
XAU USD
For the next 1–2 weeks, 4,010–4,250 is my the expected range.

📌 Above 4,250 or below 4,010? Wait for clarity.

Patience is a strategy. Avoid unnecessary trades.

#TradingStrategy #MarketOutlook #PriceAction

[Bijeesh P Valloor @spikeXtrader]

KEY POINT = KEY LEVEL.

Gold high 4399.
I updated 4400 as the key level last week.
Now low 4291 → ~108 pts rejection.

That’s the power of proper resistance.

Watch: next update

$XAUUSD #Gold #Trading

[Bijeesh P Valloor @spikeXtrader]

The confusion with Gold right now is real! 😵‍💫 But the chart is giving us a very clear game plan.

📈 4400 Breakout: Look for a daily close above this to confirm strength. Target: 4550.
📉 4220 Breakdown: A daily close below this flips the bias bearish. Targets: 4100 ➡️ 4030.

[Bijeesh P Valloor @spikeXtrader]

📉 Recap: We successfully called 23,600 as the key support—Nifty bounced perfectly to hit 24,229. Now trading at 24,383.
What's next?
❌ Caution: Not recommended to buy at this resistance level.
🔑 Bullish trigger: 24,222 needs to sustain consistently for the index to show real strength.
📉 Breakdown scenario: If 24,222 fails to hold, we expect a gradual fall testing 24,130 ➡️ 24,020 ➡️ 23,850.

Let the price confirm the move before entering! 📉📈

#Nifty #Nifty50 #TechnicalAnalysis #StockMarket

[Bijeesh P Valloor @spikeXtrader]

XAUUSD Outlook – August

Gold is consolidating between 3990 and 4205 after a strong directional move.

For the past two weeks, we highlighted this range, and price has continued to respect these levels, confirming the ongoing consolidation phase.

Key Levels

🔹 Resistance: 4205
🔹 Support: 3990

Trading Focus

Daily close above 4205 → Bullish opportunity

A sustained breakout above 4205 could trigger fresh momentum toward the next major liquidity zone at 4320–4385.

Daily close below 3990 → Bearish opportunity

A confirmed breakdown below 3990 could open the door for a move toward 3800 → 3730 → 3630.

Until then, expect range-bound price action and avoid forcing trades inside the consolidation zone.

Big momentum is likely once the market decisively breaks and closes outside this range.

Trade the breakout, not the prediction.

#XAUUSD #Gold #PriceAction #Forex #SpikeXTrader #GoldTrading #TechnicalAnalysis

[Bijeesh P Valloor @spikeXtrader]

$NIFTY 50 - Daily outlook: Consolidation likely within the 23,600 – 24,030 range as a narrowing triangle pattern forms.

Strong Support: 23,600 (closing basis). The ascending trendline is currently holding near this zone.
🚫 Upside Resistance: 23,930 - 24,030.

Strategic triggers:
🔴 Strong bearish only if price sustains a daily closing below 23,600.
🟢 Bullish breakout confirmed only on a strong closing above 24,030.

Until then, expect range-bound action. Buy the dips near support, book profits at resistance. Manage risk tightly as the triangle converges!

[Bijeesh P Valloor @spikeXtrader]

📊 Gold Outlook | $XAUUSD

Descending triangle breakout confirmed.
The bullish structure remains intact as long as 3960 holds on a daily closing basis.

⚠️ High-Impact Events This Week (Expect elevated volatility)

📅 FOMC Rate Decision: July 29, 2:00 PM ET (Fed Chair press conference: 2:30 PM ET)
📅 US Advance Q2 GDP: July 30, 8:30 AM ET
📅 US Core PCE Inflation: July 30, 8:30 AM ET

Technical Levels:
🟢 Buy the dip: 4000–4022
🚫 Resistance: 4120–4140, then 4210
✅ Strong Bullish: Daily close above 4210
🔴 Strong Bearish: Daily close below 3960

Trade the trend, respect risk, and stay disciplined. #Gold #XAUUSD #Forex #PriceAction #FOMC #GDP #CorePCE

[Bijeesh P Valloor @spikeXtrader]

NIFTY WEEKLY VIEW 📈

🔹 Recap: Buy-on-dips strategy worked well, with 23,800 holding strong as expected.

🔹 Next Week: Trend remains bullish, but approaching key 200 EMA resistance (24,430-24,500). Exercise caution at these levels.

🔹 Upside: Strength confirmed only on closing above 24,430-530. Next targets: 24,720 & 24,600.

🔹 Weakness: If resistance holds, monitor supports at 24,150 and 23,200-23,230.

#Nifty50 #StockMarket #TechnicalAnalysis #Trading #NSE

[Bijeesh P Valloor @spikeXtrader]

XAUUSD – Weekly Outlook

The overall trend remains bearish. The recent bounce appears to be a relief rally from support, so the preferred strategy remains sell on rallies while price stays above key resistance.

Key Resistance: 4,135
Key Support: 3,940

Bullish Scenario (Cautious):
If price sustains above 4,030, it could trigger a short squeeze toward 4,070–4,100. However, expect strong selling pressure around 4,070, where the Daily EMA 14 is likely to act as dynamic resistance.

Bearish Scenario (Higher Probability):
As the broader trend remains bearish, the higher-probability scenario is a rejection from the current relief rally. A move back toward 4,000, followed by 3,955, is likely. A daily close below 3,940 could open the door to a sharper decline and increase the probability of a free fall toward lower support levels.

[Bijeesh P Valloor @spikeXtrader]

NIFTY Outlook: Consolidation Phase – Buy on Dips 🟢

The chart shows a clear breakout of the descending trendline, followed by a healthy consolidation.

Key Support & Strategy:
🔹 Buy Zone: Accumulate on dips towards the 23,800 - 23,600 support cluster.
🔹 Bullish Confirmation: Stay with the buying trend as long as the daily price holds above this demand zone.
🔹 Stop Loss / Risk: A daily candle close below 23,600 signals strong negative momentum. If that breaks, abandon long trades.

Game Plan:
Don't chase the highs in the consolidation zone. Patience pays off—wait for the price to test the support, then initiate fresh longs with a tight stop. Manage both side setups in the meantime! 🦅

Trade safe.

[Bijeesh P Valloor @spikeXtrader]

$XAUUSD Gold Analysis for Next Week 🟡 As mentioned in my last post, #Gold remains in a tight consolidation zone between 3,990 - 4,250.

Currently sitting at 4,120, we are right in the middle of this chop.

Chart Structure:
We are coiling inside a descending wedge. The daily candles are squeezing, compressing volatility.

The Game Plan:
🔹 Bulls: Need a 1D candle close above 4,230 (break of the descending TL) to trigger fresh buys targeting 4,320+.

🔹 Bears: Need a 1D candle close below 4,030 to confirm lower lows, retesting 3,930+

In Between (4,030 - 4,230):
Manage both side setups! Do not get married to a direction while we are in this chop. Scalp the range on lower timeframes, but keep positions light.

[Bijeesh P Valloor @spikeXtrader]

$XAUUSD | Perfect rejection at 4200 – what’s next?

As I said earlier: 4200–4250 is a key resistance zone. Price hit 4200, triggered profit‑taking, and now trades at 4065.

🔑 4010 is the near‑term support:

· Holding above → bounce toward 4100–4150

Still range‑bound in between the range. Wait for a daily close confirmation before committing.

#Gold #XAUUSD #Trading #TechnicalAnalysis #PriceAction

[Bijeesh P Valloor @spikeXtrader]

Nifty Outlook – Next Week

Last week discussed: 24200 above closing basis only for fresh opportunities. That level acted as a strong resistance.

Next Week:
24230 above closing basis only → Fresh bullish opportunities.
🎯 Upside levels: 24330–24350

⚠️ Daily chart: Inverted Hammer formation.

Key support: 24010–23950
A sustained hold above this zone keeps the bullish possibility alive.

❌ If price sustains below 23950, watch 23800–23720.

Nifty #Nifty50 #OptionsTrading #PriceAction #StockMarket #SpikexTrader

[Bijeesh P Valloor @spikeXtrader]

$XAUUSD Weekly Outlook | Gold Analysis

Last week, we highlighted that the trend remained bearish and that fresh sellers could become active below 3,990 (daily closing basis).

Gold respected the psychological 4,000 zone and formed a hammer candle, signaling buying interest at lower levels.

What’s Next?

📌 3,995 – Critical Support (Daily Close Basis)
➡️ Fresh sellers likely only after a decisive daily close below this level.

📌 4,220 – 4,255 – Major Resistance Zone
➡️ Fresh buying momentum may emerge only above this range.

Trading Plan for Next Week:
~Daily close below 3,995 → Bearish continuation.
~Hold above 3,995 → Bounce remains possible.
~Above 4,255 → Bulls regain control.
⚠️ Until then, expect range-bound volatility between support and resistance.

Patience is a position. Wait for confirmation, not prediction.

#Gold #XAUUSD #Forex #PriceAction #Trading #TechnicalAnalysis #Commodities

[Bijeesh P Valloor @spikeXtrader]

NIFTY Update 📈

Nifty bounced exactly from the key support zone mentioned earlier(23810)

As long as Nifty sustains above 24,100, the momentum remains positive and there is a possibility of an upside move towards 24,300+.

🔹 Key Support: 24,100
🔹 Upside Target: 24,300+
🔹 Trend Bias: Bullish above 24,100

#NIFTY #Nifty50 #StockMarket #OptionTrading #PriceAction #TradingView #TradersBuddy #NiftyAnalysis

[Bijeesh P Valloor @spikeXtrader]

What Creates a Successful Trader?

No trader becomes successful in a single day.

Success is built through years of experience, countless losses, strategy testing, and continuous learning. Every setback teaches a lesson, and every failure helps shape a trader’s mindset, discipline, and consistency.

Along the journey, traders set new goals again and again. Many of those goals may not be achieved on the first attempt, but each challenge adds valuable experience.

The traders who succeed are not the ones who never fail—they are the ones who refuse to quit learning, adapting, and improving.

Trust the process. Stay disciplined. Consistency follows.

After 15 years in the markets, I’ve learned that consistency is not about finding the perfect strategy—it’s about mastering yourself.

#Trading #TraderMindset #Discipline #Success #Forex #StockMarket #TradingLife

[Bijeesh P Valloor @spikeXtrader]

$XAUUSD Daily Update 📉

Last week, we called for a negative bias in Gold. Price rallied to 4,382 and reversed exactly from our mentioned resistance zone. Perfect technical rejection. ✅
Current Status:
📍 CMP: ~4,155
🔻 Trend: Still weak, but no fresh directional trigger yet.
⚡ Buy Pattern: wait for the setup.

The Key Level to Watch:
🛑 3,990 (Daily closing basis)
→ Fresh sellers may become active only if we get a decisive close below this. Until then, expect range-bound volatility.

Strategy:
Wait for a clear close. No rush. If 3,990 breaks, shorts open up. If it holds, our buy pattern comes back into play.

What's your level for Gold this week? 👇

#Gold #XAUUSD #Commodities #Trading #TechnicalAnalysis

[Bijeesh P Valloor @spikeXtrader]

#NewProfilePic