How to buy gold, stocks or cryptocurrencies at a good price in a bear market? There are usually two trading strategies, it depends on whether the market is in a bullish or bearish phase. The common sentiment of many people in an uptrend, they think that the market will continue to increase so they can buy at any price, leading to fomo psychology and many people...
Fundamental Development: Oil prices edged slightly higher in volatile Asian trade on Friday, reversing earlier losses as the market weighed up the tight global supply concerns against recession fears. Brent crude futures rose 48 cents, or 0.5%, to $105.13 a barrel by 0630 GMT, after a near 4% rise on Thursday. U.S. West Texas Intermediate crude inched up 3 cents...
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Gold remains inside a four-month-old descending trend channel despite a recent corrective bounce off the yearly low, mainly due to the oversold RSI. The recovery moves, however, failed to cross the 78.6% Fibonacci retracement of the metal’s upward trajectory from August 2021 to March 2022, near $1,755. In addition to the $1,755 hurdle, a horizontal area comprising...
copper buy 29.73 stoploss 27.20 longterm complete all correction
Overall Elliot wave counts on daily time frame. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for...
Flag was ctearted on Xauusd so wait for breakout&breakdown ok
still xauusd downtrend/next our entry like drop zone looking for sell sell zone 1747 to 1748 stoploss 1749 target 1739 if price break and close on 1749 above in 15 mins candle looking by and your target is1764 and now looking sell in 1 hour drop zone sell 1763 to 1768 stop loss 1769 target is 1680
Expecting Crude Oil Tgts Down side Analysis done as per Volume Analysis in Trading view tool from Dec 20121 to till 06 th July 2022 TGT 1 - 7098 TGT 2 - 6631 Disclaimer: These are for learning purpose only. It is not a trading advise.
Fundamental Development: Oil was up on Thursday morning in Asia on supply concerns, after falling during the previous two sessions. Brent oil futures rose 0.51% to $101.20 and crude oil WTI futures jumped 0.56% to $99.11. Both benchmarks closed on Wednesday at their lowest since April 11. The declines follow a dramatic fall on Tuesday despite tight global...
After the last fall in gold with strong USD , gold needs correction before the final fall to 1700-1680 level. For the corrective ABC wave we are putting the target of 1774 and a stop loss of 1730 with the entry from 1739. BUY GOLD FROM 1739 TARGET 1774 STOP LOSS 1730
After a 2020 crude oil recovered and makes new all time high of 9996. Crude oil completed it's 5 wave impulse move in the month of march and from that time it's making a correction. As per current price action crude making a expanded c wave flat correction. Crude can go up to 6000 or may be lower than that but major strong support will be 5000.
The markets are falling down because of increased fear of recession. Recession affects everything, be it stocks or commodities like CRUDEOIL, NATURALGAS, SILVER, GOLD etc. Energy sector fell drastically yesterday. Crude Oil fell about 11% whereas Natural Gas fell about 6%. Crude Oil has a strong supply zone around 9300 according to the monthly timeframe from...
Xauusd looks bearish below 1815 . Sell - 1812 Target - 1800 , 1760 Sl- 1823
Hey M, I am looking to sell GBPAUD below 1.76000 and expecting continuation to the 1.75000 based on fundamental and technical confluence price broke major resistance and tuned to rejection to support and supply creation to continuation of bearish momentum with head and shoulder confirmation thanks.
Crude Oil Ichimoku Cloud Setup : 1). Today's close is below the Conversion Line 2). Cloud is broken with volume 3). Chikou span is slanting downwards All these parameters are showing bullishness at CMP, and more bullishness will be visible after it cross 1300. If 96$ is broken then 87$ is very much possible. If sustain above 102$ then regain at 109$. #This...
Fundamental Development: Oil was up on Tuesday morning in Asia over supply tightness concerns as a strike in Norway threatened to disrupt oil and gas output. Brent oil futures rose 0.23% to $113.73 and crude oil WTI futures jumped 1.86% to $110.46. On Tuesday, Norwegian offshore workers began a strike that will reduce oil and gas output, according to Reuters. The...
XAUUSD reached an intraday high of $ 1,814.41 and found buyers at $ 1,803.93. From a technical standpoint, the metal is neutral to bearish on the daily chart, trading well below a bearish SMA of 20, which is currently converging with a descending trend line at $ 1,831.70. The Momentum indicator is flat around its midline, while the RSI indicator consolidates...