Gold is showing a change in DOW theory Made a Lower High, so, expecting a Lower Low Chart pattern seen is Head and Shoulder, if breaks neckline then good short. Target marked in the chart above.
Silver (w):- 62654 CMP, at crucial support If closed below (62150/62000) this then 56600/58500 levels will come :) 1) Crucial Support Holding 2) Volume Contraction
trend line breakout. Need to have follow up candle. We can take a long position with strict SL
i think after nfp gold got weeken now it will go up to fill that imbalance lets see how this goes
Crude is respecting the black (lower) trend line , if breaks will touch the upper one (another black). I will long once sustains above breakout for target of 72.5
SILVERM what will happened in silver next, SILVERM is forming falling wedge
Hind Copper: Avoid - Moving in downtrend channel. - No trade entry till a breakout above the channel and negation of LH-LL pattern. Only for educational purposes. Not a recommendation.
Metal Index obervations: - Metals retest of BO line done today. Whether successful?? need to check chart for next few days. - Level closed on 20 DEMA support. - Super trend is still in buy zone. Need to wait for uptrend continuation confirmation on chart in coming days. *Analysis only for educational purposes. Not a recommendation,
Gold is about to make upmove, follow the analysis to know how! Things to consider: 1. Last day gold printed bearish impulse, today its making higher highs 2. Upward momentum building 3. After an impulse a retracement is seen How to enter: 1. Follow the analysis 2. Entry on 1hr tf 3. Enter when MACD crosses 0 4. Enter when 10 ema crosses 20 5. TP & SL in the...
XAUUSD Long GOLD Trade Risk/Reward: 1:3 Give a Like and Feel free to share your opinions in the comment! Thanks 😊
Early stage of downtrend? Watching 137 the intermediate support.
Buy the dips in gold. 1720 looks a good entry for positional. Stop remains below 1670 on weekly closing basis.
XAUUSD Short Risk/Reward: 1:3 Tp1: 1844 Tp2: 1834 Tp3: 1820 Feel free to share your opinions in the comment! Thanks
GOLD WILL BE Down in coming hours. reason for sell retest after break a strong support ... reach at strong institutional order block after making a LL TO LH THAN DOWN DEEP IF ANY SUGGESTION PLEASE COMMENT
Gold’s rebound from four-month low struggles around previous supports but the MACD recently flashed bearish signals and the RSI isn’t oversold as well. Hence, buyers are likely to remain unconvinced below the November 2020 bottom surrounding $1,765, a break of which could quickly recall the $1,800 threshold. Though, multiple stops around $1,833 could challenge the...
Natural gas future 311 Bearish deep crab pattern formation elliot wave formation RSI divergence MAcd divergence + Bearish cross over Good short candidate