Price inside the channel either wait for the breakout or trade the channel, that is short when reaches the channel top and long when reaches the channel bottom.
NATGAS IS AT RESISTANCE. CAN BE SHORTED AT CMP WITH 2 RS SL AT MAX
Gold as predicted has tested all lower levels. Now preparing to break the highs in coming month.
Gold is a buy with SL of 1914 USD CBSL. It is at major trendline support, if broken there can be sharp fall so please follow SL strictly.
To update from the last week's rejection line, it broke upside and returned back to the accumulation zone. This week could very well see a uptrend with global markets taking a hit on thursday and friday.
Natural Gas levels...10/09/2020 (1hr Candle)
Crude levels...10/09/2020 (1hr Candle)
Once again (4th time in a row ) Usoil is making a symmetric triangle, breakout may happen both the direction. Wait for the break and enter the market.
Crude levels...07/09/2020 (1hr Candle)
Crude oil expected to raise from 2800 to 2835 level to hit 3200
Let the price come out of flag pattern for breakout. 238% levels in fibonacci are not available on Tradingview but silver is taking support from that level 25.6 USD. SL should be kept at 25.6 USD. Views are for educational purpose only
Natural Gas levels...08/09/2020 (1hr Candle)
Midterm forecast: While the price is below the resistance 2075.05, beginning of downtrend is expected. We make sure when the support at 1818.00 breaks. If the resistance at 2075.05 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI support #1 at 45 is not broken, the probability of price decrease...