Gold braces for the second consecutive weekly gain as it confronts the key resistances on the US Nonfarm Payrolls (NFP) day. Among them, the four-month-old descending trend line is the immediate challenge for the XAUUSD bulls around $1,945 ahead of the $1,955 crucial hurdle comprising the 100-SMA and the previous support line from late 2022. It’s worth noting that...
Gold if weekly close below 1900$ it would mean a ending pattern with a triple top at 2075 which could mean a multi year highs & a long correction lets wait & see how price unfolds.
Description : Silver is forming a beautiful triangle as lower supports are getting tested whereas upper resistance levels are getting lower as you can see with trendline zone. Support Area : Break of Support at 21-22$ downside will lead to immediate support at 19$. Although Support are has been tested several time it breaks might see free fall. Resistance...
Silver is bullish in all time frame about to complete a pullback and formed triangle. In this counter we should be on a look out to create a fresh long entry for marked target. Any bullish reversal candle in 15 min tf, should be used to make entry R:R is a good 1:3
Gold is about to give a break out and move atleast 220 points. I'm Bearish about gold. comment what u think
silver:- cmp 64500 my target is 70000,76000..
Buy silver 63600 tgt 64000/64200 sl 63200 wait for breakout
Gold is about to touch ascending channels high, This is the place to lookout for sell for a fall or to buy again above breaking of ascending channel. Stay Alert. Will Update. All The Targets To The Previous Call In Gold Has Achieved.
* Bullish Butterfly * Rising trendline * Channel * Support zone