Sell Gold Near 1864-1866 SL= 1875 Targets- 1861/1858/1855 Take Risk as per your risk apetite Trade Wisely All the best
May be a great trade in goldpetal shorts with RR of 1:8
Silver is looking very bullish on the weekly time frame charts. If it breaks the trendline with volume, path will be open up for newer highs. target would be around 75000. SL is around weekly low and should be as per risk appetite.
Gold revert from our target-1 level 1620 spot levels. It seems in good momentum, so it may test 51350 and 51750 soon on upper side. can long near 50930 with stop loss 50250
Gold is showing positive divergence on chart. so, it may bounce from here up to 1717-1727 level. It is also trading in downward parallel channel so correction also come from 1717-27 up to 1621,1560
Silver future is near support level 56800-56600. As chart shows. It may give bounce from here 1000-1500 points
My idea to trade silver as sell on rallies As the fundamental on Silver is not improving economic activities are slow . A very important to be taken note of Silver is a industrial utility the demand and supply need to focus on and this has a major impact on the fundamentals of silver . Till the time we are seeing EUR going down and rates keep on increasing this...
Gold chart is bullish it may give bounce from here CMP 1744 target would be 1760 and 1785
Dollar Index Breakout or Breakdown ?? Whats your view members ?? #commodities #gold #silver #copper
Gold sellers cheer firmer US dollar and a sustained break of the three-month-old ascending trend line at the lowest levels in nine weeks ahead of the key US Q1 2022 GDP data. However, a convergence of the 100-DMA and 61.8% Fibonacci retracement (Fibo.) level of December 2021 to March 2022 upside, surrounding $1,875, appears a tough nut to crack for the metal...
Gold prices have been in a choppy range between $1,915 and $1,950 since the start of April. In doing so, the metal observes a short-term triangle formation, suggesting a further sideways grind. However, sustained trading below the 200-SMA and sluggish oscillators keep sellers hopeful. That said, a clear downside break of the stated triangle’s support, around...
While a year-long resistance line has been testing gold buyers for one week, a six-week-old rising wedge bearish chart pattern teases sellers as markets brace for the Fed’s verdict. Given the sluggish RSI and receding bullish bias of the MACD, bears await a downside break of the $1,828 mark, comprising 50-SMA and 61.8% Fibonacci retracement of November-December...
Gold buyers cheer a clear break of the 23.6% Fibonacci retracement (Fibo.) of August-November 2021, backed by a firmer oscillator, to brace for November’s peak of $1,877. However, multiple lows marked during mid-November around $1,850 will challenge immediate upside. Following that, the upper line of a five-week-old ascending trend channel, near $1,856, will act...
Having reversed from early November’s swing high, gold broke the key support around $1,795 comprising 200-SMA and a 13-day-old ascending trend line. The downside move gains support from bearish MACD signal to direct gold bears towards a two-month-old horizontal region surrounding $1,760. However, RSI does approach the oversold territory and can trigger...
After multiple failed attempts to settle beyond the 200-SMA, gold prices conquered a two-week-long ascending support line. The bearish impulse takes clues from downbeat MACD signals and a slump in the RSI line. This helps the gold bears to aim for the area comprising multiple supports marked since November, around $1,764. It should be noted, however, that $1,784...
As per the elliot wave principle there's a high probability that gold is geared up for the 5th wave which may break the all time highs within a year or two.
Hello guys i had find this trading setup in 4h timeframe which is taken trendline support and also broken buildup we have a good buying opportunity when its price come for retest of buildup with very low sl and above tg at near resistance also please do your own analysis before taking any trading decision if you like my trading setups like share follow and dont...
Gold pierces the key horizontal resistance established in late June during a five-day consolidation of the August 08 fall. However, the RSI remains normal and MACD flashes bearish signals, which in turn probe the rebound. Even if the quote crosses the $1,790 hurdle on a daily closing basis, 50-DMA and a descending resistance line from June 01, respectively around...