Hello everyone, yesterday gold experienced a quite significant recovery. At the beginning of the session, gold traded stably, but near the end of the session, this metal quickly increased and recovered more than 280 pips. Currently, gold temporarily closed at 2332 USD and increased about 1.24% during the day. Accordingly, gold prices increased despite the USD...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (14-06-2024) Current price- 2320 "if Price stay below 2339, then next target is 2305 and 2285 and above that 2362. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Hello everyone! What do you think, where will gold close today? In this analysis, I'll be focusing on gold's recent recovery. The precious metal recently broke out of its short-term upward trend after surpassing the trendline. Despite this, it has found new momentum and is currently hovering around the psychological level of $2300. Looking at the 1-hour chart,...
Round Bottom Breakout RSI above 65 and rising Trading above EMA50 Volume increasing 3 Years of consolidation Testing ATH
Reason for shorting: As per Elliott Wave theory, Bank Nifty has completed the 1, 2, 3, 4, 5 moves, and wave 5 went up in a contracting triangle ED (Ending Diagonal). It has completed a degree, and now we are expecting a correction. Based on Fibonacci retracement levels, our minimum targets are 0.618 and 0.786. Time Frame: Weekly Stop Loss: Above ATH...
Hello traders! 👋 As we approach the end of the trading week, EURUSD remains in the red on this Friday, currently hovering around the 1.071 mark. The outlook remains bearish as the pair continues to trade within a tightening wedge pattern, and both the EMA 34 and EMA 89 are favoring the sellers. Key Observations: Current Level: EURUSD is trading near 1.071,...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (12-06-2024) Current price- 2336 "if Price stay below 2360, then next target is 2320 and 2300 and above that 2392. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Hello Everyone. i hope you all will be doing good in your trading and your life as well. I have brought a stock which is under 50 rs. and have potential to give double digit returns in few days. Stock just have given breakout of falling resistance trendline. There is higher probability we can see this stock above 50+ in coming days. MACD is giving bullish...
Titan made bottom on Tuesday and made a reersal. I think Titan is now got the power to go all time high from here. Even 4000 is possible.
As we discussed in the morning, BANKNIFTY ended up sideways. If we look at the chart now: The market is indecisive, as neither bulls nor bears are able to move the market in a direction. The market is taking support at 50 EMA(15 min TF). If it breaks to the downside, we might get a good bearish fall til 200 EMA. Support levels: 49929, 49704, and...
It will be right to buy gold, if we get confirmation in 1 minute, then we will buy it, otherwise we will wait for the right direction
Paras has taken support and reversed, should reach 1200 in 10-15 days, looks strong, one can add to portfolio
Friday's Sell Off Definitely Suggests that Neither Central Banks nor China nor any other retailer is interested in buying Gold at such high valuation. Picture is getting Clearer. One May look for Selling Opportunity around the Supply Zone. Gold looks set to test 2200 Zone. Bullishness Only above 2380. Below 2380, Bears are going to be under Control. Bulls...
The provided chart displays the price action for Gold Spot (XAU/USD) on 1 hour time frame, dated June 14, 2024. Here’s a detailed analysis based on the chart: ### **Chart Analysis** 1. **Trend Line and Breakout:** - The price initially follows an upward trend indicated by the dashed trend line. - There is a breakout above this trend line, indicating a...
Hello Traders , Am small Magical boy has the Power to move further with the trend continuation. Last week update we have Recognise a patter forming thats rising wedge pattern & SBIN able to recover it close above trendline. Candlestick indicates THE BULLISH HARAMI , a strong trend further is Evolving in mothers womb. RSI indicates super bullish bias as it...
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There will be two Nasdaq indicator announcements at 9:30 a.m. After leaving a lifeline behind Yesterday’s long...
Injective (INJ) Injective Protocol stands out by offering robust foundational financial primitives that applications can utilize. It includes an on-chain order book that is fully decentralized and resistant to Miner Extractable Value (MEV). Moreover, it supports a comprehensive range of financial markets spot trading, perpetual contracts, futures, and options all...
KAVA/USDT is currently trading on the last known order block. If the price bounces from here, we could see a huge upside potential. Given that the risk-to-reward ratio is at least 1:10, this seems to be a perfect opportunity to go long.