Probably a very range bound movement expected........... The chart says it all........
Targets assigned LONG TERM HOLDING SUGGESTED SL 85
Long Term Trend line Already Broken. Inverted head and Shoulder Pattern Forming. Wait for bReakout
Bullish any pull back to 39.5 will be bought into with a Stop of Below 38.. Upside we will soon see 43 and 45 levels
Midterm forecast: . While the price is above the support 1.550, beginning of uptrend is expected. . We make sure when the resistance at 2.250 breaks. . If the support at 1.550 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: . While the RSI downtrend #1 is not broken, bearish wave in price would continue. . A peak...
DISCLAIMER All the views expresses here for Educational & Learning purpose only. We may or may not have position in the stocks mentioned here. MCX GOLD Future market LONG @ 46557 SL @ 45421 TARGET 1 @ 46898 TARGET 2@ 47125 TARGET 3@ 47693
As per vol spike and stochastic RSI sign, gold will perform downside. It could hit 44000 – 43860 levels. Keep your eyes peeled at 45300 levels. Above it, 46500 – 47300+ levels are waiting. Intraday traders can use it as a hurdle. Don’t forget to note down fakeout.
Hey Guys This is My Analysis On Gold On 15 Min Chart
Last week , it was a action packed week, gold pair showed its unpredictability where bears suddenly dominated in the upper trend.. this may be happened due to dollar weakness, This week if this pair breaks below support of 1672 it may go further down around 1650 area.. else will go high to touch 1712 to 1720 area Note- Analysis based on Pure technical point of...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1703.5). 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 downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
XAUUSD TAKING SUPPORT ON 4HR. CHART @1670 SO ONE CAN TAKE A SMALL RISK AND GO LONG FOR TGT 1700/1725 HERE FOR HUGE RISK REWARD.
We must wait for the OPEC reports, which are speculated to be positive for the oil industry, with cuts in production and also the increase in industrial consumption motivated by the economic reopens that are taking place little by little. This generates a positive expectation for the rise in the price of futures and CFDs with possible levels that point to the...
Silver is going to take a short reversal for a while. And then BOOM...!!! Hurdle: 47000 A gesture is enough for a smart investor.
Gold against dollar pair with a familiar pattern