XAUUSD has made a long term correction which now seems to be complete on the upside and a decline is inevitable which would break the previous lows and go towards 900 for the target.
This would take several months or a year to play out..
Holding above 920
Expect upside push to 980-1000 zone
Selling if fails to cross 1000 or crosses 1000 falls immediately then expect 920 / 850 /700
Scenario 2 -
Strictly Holding above 1000 for extreme bullish scenario- Expect 1500 -1600 Target zone. Failing to hold 1000 post crossing above becomes "Part B -...
Nifty is showing a intermediate short bear which will subsequently trade between the indicated range and is expected to bottom out at 6600 or 6700 range by this week end 27.3.2020
The market will try to slowly pull out investors as the pnademic panic is making him ovethink.
New investors would wait until the situation improves which is expected to be over by 3...