MCX:CRUDEOILN2022 b]Trade Setup for 27-06-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid...
Midterm forecast: While the price is above the support 1785.00, resumption of uptrend is expected. We make sure when the resistance at 1916.50 breaks. If the support at 1785.00 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1785.00 is broken. Technical analysis: While the RSI...
Silver is still in demand zone. Weekly closing below 56k will give more down moves. Happy Weekend
Silver Making multiple supportive nodes -> 1) Making it weak 2) Might take support to ( thus making it a tradable area ) Learning Pointers >> Pattern here is Descending triangle >> Time frame here is Weekly >> Candle position -> Mother bar : Inside bars on multiple weeks >> Rsi telling about Divergence of price and relative strength ( Rsi making higher...
Crudeoil is now at buying level so we can expect till 110.9 as it is the good resistance level. Kindly do your own analysis and enter the trade. My view is long till 110.
Gold will be in short term buying before going all the way down Entry : 1825 Target : 1840-1850-1875 Stop loss : 1801 Elliot wave analysis
Fundamental Development: Oil was down on Friday morning in Asia as fears of slower demand from slowing U.S. economic growth and supply concerns weighed on the market. Brent oil futures inched down 0.09% to $109.94 and crude oil WTI futures gained 0.14% to $104.42. The Organization of the Petroleum Exporting Countries and allies (OPEC+) producers including Russia...
Hey traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 1838 zone Target 1870 , once we will receive any bullish confirmation the trade will be executed. Trade safe,
Fundamental Development: Oil was down on Thursday morning in Asia as investors are worried that tightening monetary policy could trigger a recession and dampen fuel demand. Brent oil futures fell 2.31% to $109.16. In addition, crude oil WTI futures divided 2.61% to $103.42. Investors are concerned about a recession caused by tightening monetary policy. U.S....
Crude oil is giving fresh negative breakout on down trendline and macd too on weekly chart looking for 7700 #negativedivergence
Brent Crude can test USD 118 per barrel in the medium term to long term perspective and at the maximum resistance is seen at USD 183 per barrel.
Potential sell coming in Silver . TP 1 : 21.107 Trade 2 : 20.690 Big influencing factor : stronger Bond Yields and Powell's testimony . Stop loss : 21 .620
Fundamental Development: Oil was down on Wednesday morning in Asia as U.S. President Joe Biden is set to push for U.S. fuel cost cuts. Brent oil futures slid 3.03% to $111.18 and crude oil WTI futures dived 3.37% to $105.83.U.S. President Joe Biden is expected on Wednesday to call on Congress to temporarily suspend a federal tax on gasoline to bring down soaring...
Hindalco Reaching to buying zone soon a good buying zone as per weekely charts
Gold fades bounce off monthly horizontal support ahead of Fed Chair Jerome Powell’s key testimony. That said, gradually declining RSI (14) and bearish MACD signals add strength to the downside bias. Should the gold sellers manage to conquer the aforementioned support around $1,805, a downward trajectory towards the yearly low of $1,786 appears imminent. However,...
pattern is ready whait for valume and candlestick pattern
Buy at support and sell at resistance.. P.S: View for educational purposes only.
XAGUSD BUY Target : 21.94 Stop loss : 21.495 USD is weak with dropping US Bond Yields. Giving boost to Silver and other major commodities.