Looking into higher time frames it is cleat that Price formed Flat Top and falling bottom pattern and currently it is moving towards the resistance levels that is the Flat top 2.900 levels. At present price is forming a triangle pattern and it is rejecting and taking support exactly on the lines. Wait for the price to reach the trend line and get into the...
Price will climb until $ 42.15 will reject from there and once again climbs up and breaks this resistance levels and reach the Box resistance. Refer previous analysis/ check the related ideas.
XAUUSD is formed bullish pennant shape and along with that i marked the area of supply and demand, this analysis giving idea of bullish movement in the next 2 days of the week.. let see...
Crude levels...03/09/2020 (1hr Candle)
Price trading inside a box which is $ 1 range. Now making symmetric triangle pattern and it might break on either side. Wait for the box breakout and enter the trade accordingly. If you are an aggressive trader then enter the market when price takes support from the symmetric triangle.
USOIL symmetrical triangle pattern formation in 30 mins TF
515-520 is crucial Support. If 515 is sustained then 551 is possible.
GOLD CLOSED ABOVE THE RESISTANCE AND WE CAN SEE THE LAST CANDLE REJECTING THE SUPPORT . WE COULD TAKE A LONG POSITION HERE TO THE NEXT RESISTANCE LEVEL(2010)... WHAT DO YOU THINK GUYS?
profit booking on GOLD which started on 7th of August is continuing. Weeker global cues in metal sector and a pinch of taking money of table is what we have witnessed in last 15 odd trading sessions. RSI is looking little week but nothing to worry. Basis FIB retracement the support levels are perfectly aligned to 0.38 Levels and resistance is at 0.23 levels. In...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1982.30). 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 downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Buy crude oil for intraday trading keeping the sl 42$ for the target of 43.5 /43.8
Gold futures price disparity between India and US
Crude oil has made Decending Triangleon monthly chart since 2008 clear indication of a crash.
Midterm forecast: . While the price is below the resistance 43.60, beginning of downtrend is expected. . We make sure when the support at 37.15 breaks. . If the resistance at 43.60 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: . There is a divergence in RSI and price between the peak at 40.565 on 2020-06-08...
Look to get in on the dip in C wave in the next couple of hours before the upward resolution out of the triangle resumes to the upside look for the long term view in the previous tweet
Silver #XAGUSD should break out of the triangle to the upside in the next day or two. Risk level will be 26.82 A separate short term view will be published following this - watch out for it.
Price formed a symmetric triangle pattern and it is about to break the triangle, enter long when breaks the level mentioned in the pic.