Shalvisharma5

Shalvisharma5 Updated 

The symmetrical pattern means a neutral chart pattern with two converging trend lines. More likely to break out in the direction of the prevailing trend. SELL BELOW - 7470 BUY ABOVE - 7580

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Natural gas sustained above the support zone mentioned targets will likely see a continuation of the uptrend, with potential for further upside.

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Russia's diesel export ban sends European prices soaring, amid geopolitical tensions, which could also lead spike in crude oil prices.

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Look closely at the chart. Each time crude oil tries to gain upside momentum, it falls back to the same support level.

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Gold prices are expected to trade in a range of 56,000-58,500 rupees per 10 grams this week, with a downside bias. The US Federal Reserve's commitment to a more aggressive monetary policy stance is likely to weigh on gold prices in the near term. However, gold could find some support from a weaker rupee and rising geopolitical tensions. If gold reaches between...

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Fed rate hike signals pushed oil prices lower, with Brent crude closing at $92.40 and WTI at $88.57, marking a second day of losses. Analysts expect consolidation to continue, with short-term tightness supported by supply constraints. SUMMARIZE: We are expecting crude oil to fall between - 1.5 - 2.7% within this week

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Technical Analysis: Crude oil is currently trapped in a demand zone. This means that there is a concentration of buyers at this price level, which is preventing the price from falling further. If the price of crude oil can break through the resistance at the top of the demand zone, it will likely continue higher. Trading Strategy: Traders who believe that...

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Technical Explanation: Gold is currently in an uptrend, as evidenced by the higher highs and higher lows that it has been making. The 59400 level (R1) is a key resistance level that gold needs to break through in order to continue its uptrend. If gold is able to sustain above 59400 (R1), then it will be a bullish signal, and further levels can be expected. ...

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Crude oil market is in a bullish trend. However, the price is approaching a key resistance level, and a break through this level could lead to a significant correction. Traders should be prepared for this possibility and should take profits if the price reaches the supply zone.

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72400 is a key level for #Silvermini If the price sustains above this level, we can expect a breakout of more than +500 points

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#Crudeoil Gap down opening, in today's session resistance placed at 6854 and support 6636 If support is broken we can see further downside movements🔴