Om Namah Shivay
Copper can move little higher and them come down. Looks the following structure is a correction and can be a flat or a Triangle.
Structure will be clear later.
Only for educational purpose and no trading suggestion.
Om Namah Shivay
USOIL - Parallel channel formation at 2 hours time frame
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Despite battling with 200-HMA, gold stays inside a bullish chart formation on a key day. Also favoring the metal buyers is a one-week-old rising trend line and likely US dollar weakness due to the expected dovish comments from the US Federal Reserve. However, sustained trading beyond $1,855 becomes necessary for the bulls to target $1,875 and then head towards the...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1856.5). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
USOIL - Parallel channel pattern formation
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Although coronavirus (COVID-19) strains probe the commodities off-late, Brent oil’s latest U-turn from 100-SMA favors the energy bulls. Also keeping the oil buyers hopeful is a short-term descending triangle formation on the four-hour chart. However, a falling trend line from last Wednesday around $55.70 can offer immediate resistance to the quote ahead of...
hi guys, here my idea on gold in the short time, i am really expecting a new higher high, after that i will be selling evrytime price action let me sell. i think is a good ratio risk benefit and i will buy it.
Gold against Dollar or XAUUSD , After 6th of January , this pair seen slightly bearish and down at 1804 area, this area seems to be stronger support for Gold and brought more buyers into the cycle, can be a start to strong bullish move.. let see how the fundamental supports to go up..
It looks early even Feb looks fabulous for buyers..
This week it has a chance to...
GOLD - Parallel pattern formation at 4 hours time frame
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
USOIL - Parallel channel pattern formation at 4 hours chart
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
