Go long on crude oil the target is the upper trend line and the stoploss is below the lower trend line.
Crude Looks Positional Target 62-58$ Cmp 68$ Short - below 65$ looks more weak.
gc will be weak if breaks down the channel support 1788-87 and will have strength above 1795-1800 so wait patiently for either levels to break for clear direction
Buy Crude Oil Sep Future below 4970, T1 - 5106, T2 - 5280. SL as per your risk profile.
gold may go down directly or by some consolidation keep eye on that. if you like my idea then press the like button.
If todays low is low for COMEX GOLD for next few days, we can expect a new low from 1807.7 range. SL and Targets mentioned in details. GOOD LUCK
it has 2 months to go upwards. should not go below 4.2 this time to stay inside the falling wedge triangle.
XAUUSD Long Risk/Reward: 1:5 Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
A clear bullish flag pattern considering the number of times it has touches the resistance.
CRUDE complete the pattern...now its going to break pervious resiistence...so its possible to reach 5150+
Gold pierces the key horizontal resistance established in late June during a five-day consolidation of the August 08 fall. However, the RSI remains normal and MACD flashes bearish signals, which in turn probe the rebound. Even if the quote crosses the $1,790 hurdle on a daily closing basis, 50-DMA and a descending resistance line from June 01, respectively around...
Govt is thinking to increase the price of sugar as golbally the price is increasing. This will be positive for Mills and dwarikesh can rebound from 50EMA, this is a weekly or monthly target as RSI momentum is low.
All the metal stocks have been on a tear this year, and Vedanta is no different. While most of the them are currently at their all time highs, Vedanta is still far from its ATH made in 2010. It is nearing its previous peak of 2018, which will act as a strong resistance zone. Keep a close watch, and if the share closes above 355, we can expect smooth ride to...
Sell copper near ₹ 727 with a Stop Loss of ₹ 731. I analys Indian commodity market on a regular basis. I just earned 4800 points in SilverM, 2400 Points in GoldM and 240 Points in Crude Oil, however i wrongly entered in short position in nifty that made me some losses. But i believe losses are part of good trades.
Natural gas has given breakout from ending diagonal pattern with good intensity of volume, one can go long at these levels or in dips (if any) with stoploss of 283 for targets of 295, 302, 308 and 313 breakout structure macd positive croosover rsi scenerio rsi divergence Disclaimer I am not sebi registered analyst My studies are for educational purpose...
Natural gas Trading on down trend using Gi-wave 3 price Expect down from 288.80 to 286.40
Crude now exactly closed in previous support at 1hr candle...if close above 5045 again its possible reach 5100-5200
Escalating covid woes weigh on commodities while downbeat China data exerts additional pressure on the Brent oil prices during early Monday. Also favoring the oil sellers could be the quote’s U-turn from 50% Fibonacci retracement of early August upside, followed by a break of the one-week-old rising trend line. Hence, the Brent oil prices are all set for further...