Xauusd is making ascending triangle pattern in weekly chart.
Gold CMP : $1878 As highlighted in a month ago on a pre-emptive move. Gold had witnessed a sharp rally of ~3.20% or ~$55 in last three days • After consolidating for almost 18 months in the range, The shining metal has breached the key resistance zone around $1840 • Technically, Gold breaking out on daily, weekly and monthly charts • Increasing Geopolitical...
Amid escalating tensions concerning the Russian invasion of Ukraine, crude oil prices rally to a multi-month high. However, overbought RSI conditions recently triggered the quote’s pullback near an upward sloping trend line from July 2021. That said, a six-week-old support line near $92.00 precedes the 21-DMA surrounding the $90.00 psychological magnet restricts...
WE ARE PRE BULLISH IN THE GOLD, I THINK THE GOLD is againe Heat.
Looks like #Darvas box breakout in gold. It was trading in ver narrow range since long time. Fresh close above the Box & follow up buying will confirm the breakout.
Gold is trying hard to give a breakout of ascending triangle @48912 after which could move towards the target @52176 i.e. a rally of more than 6% !!! . There is also MACD crossover with a positive histogram a damn Bullish signal !!!
All says now market will go up, but because of divergence study, it is highly expected to me for a short position with 1st tp 1835 2nd tp 1800 and 3rd tp 1770
Price in resistance consists Double top pattern Support is strongly broken We are waiting for Polbeck to break the support And by seeing the confirmation candle, we enter the sales position Purely personal opinion. This analysis will be updated soroor gharakhani: soroor13333 date:13.feb.22 (dyor)
Gold is forming W pattern Followings can turn out to be good shorting zones with confirmation on smaller time frame
There's a good oppourtunity for sell , details are mentioned in the pic. IT MAY GO TILL 1700
7000-7100 act as a major resistance range for crude oil above this range , it may test 7500 else ready for big fall
Gold looking to go down and probably break the symmetrical triangle on downside
NSE:SAIL From the highs of 150 stock has given a corrective fall, One should go long near current level keeping SL of 93 & look for the target of 117/125/130+
This what happened with gold after we our previous gold update Chart for previous gold analysis will be attached with this
Head and shoulder pattern in barrickgold in 1 hour time frame , the targets are given , I don’t do gold but today i just wanted to do this , if it breaks the level or takes resistance you can ,
A massive breakout rally should begin in Jindal Steel and Power soon. It is a triangle pattern breakout and even horizontal trendlines are broken. Keep a strict stop loss at Rs.420 for targets of Rs.500-545-605 in the short to medium term. A decisive and strict stop loss is necessary in metal stocks as they tend to reverse sharply and are very cyclical in nature....
FOREXCOM:XAUUSD Hi Everyone Earlier, i have given the forecast of XAU/USD. That was an short term view which target has been achieved. This is how a wave structure work. I belive the right way to trade the market is Neowave. Thank You
Setup Contains: 1. Daily Structure 2. LTF confirmation 3. Break of Structure 4. Return To OrderBlock (Expecting) FOLLOW PAFX & TRADE LIKE BANKS 💸