Silver is currently trading in a Mid Range - On a 4HTF Silver looks bullish - I will look to scout for longs more here cause I believe a leap can be seen easily
- GOLD IS CURRENTLY TRADING AT A WEEKLY SUPPLY - Before initiating shorts wait for retracement back to 2055-2068 - I think that can be a safe swing short - Wait for the short base to get matured and then the targets could easily range from 1950-2000 - Avoid trading FOMC and other data days
Gold printed a new higher of all times few weeks ago. I am looking forward to strong move down. Gold is highly manipulated that why its difficult for it to stay longer above 2000.00. Its not random. Lets download success
Long in Oil India With SL 377 Triangle Breakout Might continue Previous Rally and that is how Market runs ... Rally-Consolidation-Rally Risk Disclaimer - Trade at ur own Risk
Dear friend, Today, the price of gold in the market has fallen after reaching its highest level in the overnight trading session at $2,050 per ounce, marking the most significant decline in three weeks. The drop in gold prices is due to a sharp decrease in the number of US workers filing for unemployment benefits for the first time in the last week of 2023. On...
Gold price stays defensive while keeping the previous day’s recovery within a seven-week-old ascending triangle, floating above 100-SMA during early Friday. In doing so, XAUUSD braces for the first weekly loss in four. However, a steady RSI (14) line and an impending bull cross on the MACD suggest a continuation of the latest rebound, which in turn highlights a...
PANAMA PETROCHEM is in consolidation and RSI is showing a reversal with trend shift. Any move above this green zone will lead to another 52Wk high. ENTER only if you can accumulate for sometime.
I am expecting Natural Gas to touch 300 in next couple of months. And if 300 breakout happen, it may reach 400. (Pure Price Action Analysis)
From 52000 to 72717 it's follow a trendline . It respect 52 EMA very well. Also we can see a bullish engulfing candle was created in weekly chart . It's a good sign for bull run. This year is the right time to invest in SILVER. After breaking 78322 bull run start. Also global market perform very well . Resistance 1: 72317 Resistance 2: 74136 Support 1:...
I am expecting a Upside rally in Crude Oil in next 2-3 months. The reason is after a big dip now Crude Oil is taking support at a Major support level and forming W pattern.
All factors seem to be falling in place for Indian Economy. And that will likely translate into huge gains for Indian currency, bonds and equities. This update speaks about the signals visible at the beginning of 2024.
CrudeOil important levels to watch are as follows 📍 Support: 6155 📊Sell below: 6155 only on 15 minute candle closure below the level. 📉Target 1: 6100 📉Target 2: 6050 📍 Resistance: 6225 📊 Buy Above: 6225 only on 15 minute candle closure Above the level. 📈Target 1: 6290 📈Target 2: 6355 ⚡⚡ Remember each level will act as a support and resistance...
crude is in buying momentum from yesterday and now as we can see it is taking rejection from the level of 75.00 and now making a range so if the range breaks then the buying level is 75.50 and remember their is a resistance at 76.00 so it's like a scalp trade. plan the trade accordingly with proper risk reward.
Gold price snaps a three-day winning streak within a fortnight-old rising trend channel while positing mild losses near $2,065 during early Wednesday. In doing so, the XAUUSD justifies the overbought RSI (14) line and the sluggish MACD signals. However, the pullback moves remain elusive unless breaking the $2,042-41 support confluence comprising the stated...
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Earlier, we had taken a long trade on crude oil based on trends. Now, a slight pullback is expected. I've marked the levels I'm playing with and my position. 6200 has been rejected many times already, and expecting it to be rejected this time as well. The targets are not much. I'm expecting only 3-4% in profit and -2% loss at max. Manage risk accordingly.
Crude oil has given a very good fall. But has it bottomed out? From the charts, we can see 5700 levels is where crude has formed the nearest bottom. Also, the swing high is 6000. I will go long if 6000 is taken out in the next couple of days. Otherwise, I will not be trading on crude.
Gold price braces for the second consecutive weekly gain despite sluggish trading ahead of the Federal Reserve’s (Fed) favorite inflation gauge, namely November’s US Core Personal Consumption Expenditure (PCE) Price Index. In doing so, the XAUUSD pokes a two-week-old ascending resistance line, around $2,055 by the press time. Apart from the stated trend line...