Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Most commonly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. Improve your technical analysis of live gold prices...
Key levels for 21/09/2020
Refer to the last week’s analysis wherein resistance in the range of 11541-11620 was mentioned. Nifty touched the highs of 11,618 during the week and couldn’t break this resistance, it finally closed at 11504 almost flat closing for the week. While the key indicators like RSI and MACD are in negative territory, Nifty’s closure above EMA20 and DMA10 levels keeps...
HIGHER HIGH AND HIGHER LOW FORMATION
SUPPORT AND RESISTANCE BREAKOUT AND RETRACEMENT
This is for educational purpose. Shall ideally go for next wave. Also it is at bottom of downtrending channel. Safest risk reward. buy near 1250-1255 sl 1240 trgt 1293. Above redline can extend upto 1363.
A Reversal In The Stock Is Visible With:- 1) Trend Line Breakout 2) RSI Divergence 3) Volume Confirmation On Breakout. 4) Loss In Lower Swing Strength. Note:- This Is Only For Education Purpose. Take Action After Consulting Your Registered Advisor.
Video Idea Shall Have Quick Review Hindalco BankNifty Nifty ---------------------------- Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns....