Gold Long
Buy at CMP- 47750
SL- 47570
Target- 47945, 48050
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Charts and views are only for educational purpose.
After multiple failed attempts to settle beyond the 200-SMA, gold prices conquered a two-week-long ascending support line. The bearish impulse takes clues from downbeat MACD signals and a slump in the RSI line. This helps the gold bears to aim for the area comprising multiple supports marked since November, around $1,764. It should be noted, however, that $1,784...
Hows showing chart. I expect for bearish momentum in next weeks. Sell zone is between 1820-1830. With SL 185x. This is Long-Term SHORT. So enjoy. First TP can be on 1760 and then 1720. Can go lower for last leg down 1680.
On the chart gold retrace on 0.61 fibs whats mean going more down. We already in from 1797 with First TP 84 and SL over 1803. Exactly, I waiting for more down may under 1770 $. Watching and enjoy!
: entry & exit is very important
: try to manage money management
: know your stop loss
: find the chart pattern / analysis the chart before you enter
: follow the chart daily , especially note it in your
: gainprofit066
NSE:COALINDIA
Observations:
1) On 1 day time frame, it face resistance from 21DMA and still trading below 200DMA.
21DMA is placed at 149.37 and 200DMA is placed at 150.81 level range.
Hence, 150-151 will me major resistance area.
And it is trading with immediate support trendline.
Please refer below chart : 1 day Time Frame. ...
Levels As mentioned on the chart
Triangle in Dwarikesh Sugar is in formation, same can be observed on lower time frame in Bank Nifty below
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
: entry & exit is very important
: try to manage money management
: know your stop loss
: find the chart pattern / analysis the chart before you enter
: gainprofit066
Silver Long (28 Dec)
RSI- 61
Buy at CMP- 62525
SL- 62210
Target- 62740, 62970, 63210
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Price action in the 78-80 zone of USOIL is worth watching. Any bearish price action in this Zone can give a good RRR short trade in Crude Oil. Meanwhile it's in no trade zone for me as of now.
In my view cycle from Mar20 Low is completed with wave I red and now we are into formation of corrective cycle in 5-3-5 pattern ((A)) -((B))-((C)) black. Out of which ((B)) black is either completed as shown in BROWN path or can complete after one more leg up as shown in BLUE path or BLACK path.
In either case we are expecting one more 5 wave down to ((C)) black...
From past few weeks...
XAUUSD is trading in a very tight range.....
This week also expected the same...
though overall tech setup is bullish....
Levels marked.... Happy Trading....
Merry Christmas and Happy New Year in advance
Gold Price Slowly Going Upside
Key levels: 48113 - 47616
MCX gold has been moving under the range of 48113 - 47616. It's a very crucial point. We may see a continued uptrend ahead if it breaks and close above 0.382 retracement level. That can be up to 48260 - 48490 - 48600 - 48700.
And if it breakdown the 0.5 retracement level, then we may see 47496 - 47300 -...
![COALINDIA: Simple Trade Setup | COALINDIA | 30-12-2021 [INTRADAY]](https://s3.tradingview.com/m/ms8FOpBQ_mid.png "Simple Trade Setup | COALINDIA | 30-12-2021 [INTRADAY]")
