Silver is trying to recover from over sold zone, a sharp recovery can be expected once resistance line is crossed.
Buy above 24.28, s.loss 23.8,
Target 24.7 - 25.46 - 26.02
i.e. about 66900-69200-69800 in rupees.
It's the analysis of MCX NATURAL GAS. It forms a Cup and Handle. It gave a breakout with conformation.
When it forms a cup and handle, wait for the conformation with Indicators. Also it gave good breakout from a trendline.
Comment your opinion about my analysis...
With hurricane Ida easing to category 3 storm and the market sentiment dwindles over geopolitical, as well as covid, woes, Brent oil prices step back from multi-day high towards $72.00 during early Monday. The commodity’s Asian session run-up couldn’t cross the 61.8% Fibonacci retracement of July–August downside. However, a convergence of 200-SMA and 50% Fibonacci...
This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual.
The author of the analysis specifically disclaims any responsibility for any personal or...
Gold justifies the rebound from a two-week-old rising support line to cross the 200-SMA, suggesting further advances towards the key resistance line from July 29, around $1,806. In addition to an important trend line hurdle, today’s Fed Chair Jerome Powell’s speech at the Jackson Hole Symposium also becomes crucial for gold traders. Hence, the bullion players...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1784).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XAUUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
CRUDE OIL SEP short
Sell at CMP- 5015
SL- 5045
Target- 4982, 4955
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
After Breaking the trendline from 25th March, the bull run is now in slowing down a bit.
A good breakout and retest was seen and currently it's on a major support.
If it takes the support, a small bull run can be seen till the nearest lower high.
If it breaks, a good downfall can be seen.
Zinc Sep short
Yesterday we saw inverse Hammer candle close below 20 day EMA
RSI Confirmation
Sell at CMP- 246.25
SL- 247.6
Target- 243.7
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Trading Signal:
A Trading Signal is seen in the GOLD XAUUSD
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 1784.8
⭕️SL & Sell 1773.45 (Sell Target 1748.85)
🔵TP1 @ 1806.8
🔵TP2 @ 1831.7
#Pullback_Strategy
If you liked our ideas, please support us with your likes 👍 and comments .
