✔️Price trapped in a tight squeeze (145.8 - 150.6) - BIG breakout COMING! 📈 Bulls or bears, this one's about to EXPLODE! Long target: 155- 160 Stoploss: 148
📉 #Silver finds support at 79400, but watch out! 🔸If it dips below 79250, brace for a potential plunge of 300-900 points. 📈 Bullish zone at 80700. 🕓Timeframe: 1 Hour Good above 80700 Target1: 82000 Target2: 83100 Bearish below 79250 Target1:78900 Target2: 78400
#Gold Update | April 2024 Timeframe: 4-hour Gold found support at 71220 and rebounded similarly to the previous week's low. Bullish sentiment prevails above 71630, while a bearish trend is anticipated below 71220. Stay tuned for a potential breakout.
Timeframe: 4 hour Check the below trade Above 2381 Target 2432 Stoploss 2361 Front Month Comex Gold for April delivery gained $10.60 per troy ounce, or 0.45%(rounded) to $2382.30 today
Timeframe: 4-hour ⏰ A simple story unfolds as silver crafts a triangle pattern. Keep your eyes peeled for an exciting breakthrough above 84000, hinting at potential fireworks ahead! 🚀 More than 2600 points ahead. DO YOU AGREE WITH THIS IDEA? GIVE IT THUMBS UP
Timeframe: 4-hour ⏰ 🔍 Observing an intriguing D cup pattern emerging in crude oil. The alluring support beckons at 6726. Exciting times ahead! 💃🕺 Selling point at 6860 Target would be 6700 - 6680 (+150 -- +170 points)
Timeframe: 4-hour Entry: Favorable above 149 Targets: 155.5, 162 Stop Loss: 145 Technical Analysis: Natural Gas Storage data is pivotal for price movements, reflecting the market's supply-demand equilibrium. Elevated storage builds may exert bearish pressure, while lower builds or draws could drive prices upward.
Update :- 🔸Support at 6811, with a potential move towards the 7000 level for settlement. Long only above 6950-6960. 🔸Crude oil prices declined over 3% due to robust US oil supply & growing demand concerns. 🔸US crude inventories increased by 2.735 million barrels.
🔸Technical Analysis: Current Situation: Crude oil is approaching the critical support level at 7100. 🔸Scenarios: If the support at 7100 is breached, further downward movement is anticipated, with potential for lower levels. However, there's a possibility that crude oil could find support at this level and reverse its direction, moving upwards. 🔸Market...
🔸Technical Analysis: Support: 142 Resistance: 149.1 🔸Current Observation: Natural gas has found support at the 141.3 level. Market News: 🔸European natural gas prices have surged to a 2024 high, driven by heightened tensions in the Middle East, supply disruptions, and forecasts of lower wind conditions. 🔸UK natural gas futures surged to a 2024 high of above 81...
Here are the key levels to watch: Bullish above 7190: If crude oil prices rise above the 7190 level, it indicates bullish momentum in the market. Bearish below 7100: Conversely, if prices fall below 7100, it suggests bearish sentiment taking hold. Traders and investors are closely monitoring these levels to gauge market direction and make informed trading decisions.
Technical Analysis: Price failed twice to breach 7322, forming a double-top pattern. Key neckline at 7057 suggests potential downtrend to 7000, unless breaking above 7330. Support at 7100 (Bearish) Resistance at 7170 (Bullish above) Market Insights: 🔸 Potential dip in oil prices below $90/barrel post Iran's attack on Israel, considering pre-existing rally and...
Technical Analysis: Natural gas prices bullish above 160.1, bearish below 154.5. 🔸UK natural gas futures surged to nearly 72 pence due to fears of attacks on Ukrainian storage. 🔸Oil prices at six-month highs amid Middle East tensions. 🔸Japanese LNG demand rises, intensifying global supply competition. SENTIMENTS : Bullish🚀 Wait for 1 hour candle for confirmation.
Today, there were no trades in crude oil. I anticipated an upward movement, but it reversed instead. According to the chart, if crude remains below 7100, it may be considered bearish. A bullish signal is only confirmed if it rises above 7150.
Technical Analysis: Short covering observed. Support: 155. Resistance: 159.9, also previous week's high. target - 159.9 - 164 European natural gas prices surged due to a pipeline outage and concerns over the Ukraine conflict affecting energy supplies. LNG prices rose with increased demand in Asia.
Technical Analysis Report Timeframe: 1 Hour Long Entry: Buy Natural Gas between the price range of 105.7 to 105.9. Target Price: Aim for a target range of 152.4 to 153. Stop Loss: Set a stop loss at 149.1. Logic: Anticipating upward movement towards the 100-period Exponential Moving Average (EMA) and resistance at 152.4.
Timeframe: 1 Hour Crude oil opened with a gap-up today, indicating bullish momentum. The price faces resistance at the 7255 level, a significant barrier observed in historical price action. Anticipation of a gap fill suggests a potential retracement to fill the void created by the gap-up opening. Support is identified between the 7150-7130 zone, where buying...
TimeFrame: 1 Day Price Levels: Silver is currently trading above the crucial psychological level of 79000, indicating strong investor interest and bullish sentiment in the market. Current Price: 79650 Target: 80300- 80400 All-Time Highs: The ongoing price action has resulted in the establishment of consecutive all-time highs, suggesting an uptrend with...