sell at 69660 stop loss 69860 Target 68840
possible target 2130 levels, then a slide consolidation this bull run can bring eth to 15800 to 19000 levels
Midterm forecast: 54.40 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 54.40 on 02/01/2021, so more gains to resistance(s) 62.30, 66.05, 70.35 and more heights is expected. Price is above...
Natural Gas levels...08/02/2021 (1hr Candle)
Gold levels ...08/02/2021 (W candle)
Midterm forecast: While the price is above the support 1762.05, resumption of uptrend is expected. We make sure when the resistance at 1875.15 breaks. If the support at 1762.05 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is...
Crude levels...08/02/2021 (1hr Candle)
Only for learning purpose
A biased gold lovers analysis.., Last two moves from 50 week moving average resulted in 21 percent and 42 percent returns.., can we expect 84 percent returns from here this time.., taking it to 3200 usd.., I am strongly long.., share your views
As we have seen the xauusd fall on the recent event and US data, it's clear we are again going into short for xauusd as its price already below EMA 50. My analysis on gold says we should let rise gold little and then short till 1825 again.
Sell Gold on rise around $1830 stop loss above $1877 Target $ 1700 and $1600 Disc : it's not an investment advice to buy or sell
Crude us set to touch 4222 by 8 Feb EOD. If doesn't give close above 4250 then we may see correction in price towards 3980-3918 zone. Disc : it's not an investment advise to buy or sell
buy crude oil at 4103 stop loss 3080 Target 4185
Not only a downside break of an ascending trend line from March but a daily closing below 200-day EMA and January low also favor gold bears on Friday. Although the pre-NFP trading dullness triggered consolidation from a nine-week low, the yellow metal keeps the previous day’s breakdown of the key technical levels. As a result, the bullion sellers currently eye a...