Silver's recent upward to sideways can be counted as an incomplete WXY Flat. Subdivisions of Wave Y is in its final stages. An upmove to the 24.60 -24.80 should complete the rally . The larger downtrend should then resume.
39.33 is the key level , if it holds crude oil will become CRAZY !! buy on dips suggested for present case !
we can go for short after base line breakout.. SL seing high .. targets mentioned in chart
Short Silver Below 24.17 Target 23.87 Target 23.32
#crudeoil if it breaks this zone, the next is 3250-3300. Watch out for 3040 level for Breakout
BEARISH ON SHORT TERM - TREND CHANGES IF RSI TRENDLINE BROKEN
looks to go down, its bearish till 1825 area.. lets wait and see..
I dont know what to say, please see my all posts of gold, Gold sell call given at 52320 with sl of 52550 which was ascending channels high when i posted the chart previously, it made high of 52520 and touched the lower level of channel, infact it tried to make low around the level where the channel actually started, which was the final target of ascending channels...
Crude levels ...10/11/2020 (1hr candle)
The corrective upmove should be at its last legs. We should now look for weakness and enter short. A move to under $30 is in the pipeline. The subwaves on the minute chat also indicate a 1-2, 1-2 pattern which should now accelerate if the days high is not taken
Trading Signal: Gold A Trading Signal is seen in the XAUUSD . Traders can open their Sell Trades NOW If you liked our ideas, please support us with your likes 👍 and comments.
Crude oil have recorded the Same Bearish Zone for multiple times, again the same zone is expected to be the Supply Zone. Sellers can be expected over that area and the Target is also mentioned.
The Selling Zone is arrived in Crude oil for Intraday Trading