Gold after a top in 2011, fell sharply and bottomed out in 2016. It traded in a range from 2013-2019 and broke out in the second half of 2019 started a trending move upwards. Though it fell sharply during the covid crash, it started moving up immediately showing strength but got a little overstretched and retraced 50% from the March low to the high. Now the price...
Although pullback from $1959 directs gold sellers to attack a confluence of 50-SMA and an ascending trend line from November 30, currently around $1,908, the yellow metal bulls keep the reins until the quote drops below a joint of 200-SMA and 61.8% Fibonacci retracement level near $1889. Ahead of that, multiple highs marked during late-November and December of...
After strong resistance facing at 1960, precious metal dipped hard falling directly to 1900 support. 1900 support held up nicely and price is currently consolidatibg around 1915-1920. Our price target of 1958 is just below strong resistance of 1960. If market bias changes and gold breaks 1893 support, our SL is placed neately below at 1890. As a start of the new...
(COMEX) GOLD SPOT started to make the bearish Elliott wave. After making the 3rd wave, it started to make the 4th wave. It may see 1970+
The trend will fall again after a particular level around 1965 , to make the 5th wave. And after taking a reversal, it will fall up to the dynamic support. After the breakout of the dynamic support, it will hit 1900 - 1886...
Crude Oil - Reached Ascending channel resistance zone from S3 to R3 in 4 hours time frame
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Buy Crude Oil At Cmp 3532, Strict SL - 3399
Target - 3850/4200
This is my 2nd call in addition of my previous crude oil buy call. Please see previous recommendation as well..
GOLD - Ascending channel 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.
