RSI Based Strategy on commodity. We can use RSI in two timeframe to identify Bullish and bearish sentiments. 5 & 15 Mins timeframe is best for intraday Trading. Add two set of chart of RSI and make upper rsi band at 60 and lower rsi band at 40. In 15 min timeframe, if upper band value greater than 60.it means we have to find out buy trade. And RSI lower band...
Weekly analysis for, DXY - It may see correction of 3rd of the 3rd wave Gold - It may give correction of the uptrend Bitcoin - Does the new rally begun? S&P500 - ABC Correction is unfolding. #dxy #gold #bitcoin #SNP500
We are seeing good sell with gold as dollar needs retracement of down fall which came on Friday night NFP , If gold breks 1865 beware !
Clear Cut Flag N Pole Pattern Spotted on Crude Oil 1HR Timeframe Do share your Views. Thank You.
Copper in Holiday mood, while inventory will be important to watch
Hey traders, here is the analysis for the XAUUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
Coal India monthly timeframe breakout chart review all thing I explained in video.
as market showing bearish structure and we can see one trianlge pattern is recently broken, we plan for sell on retracement and 2nd level entry is from demand zone
crude oil - Short term view - go up to 97 US$ USOIL may go up to 97 US$
Gold target of 1560 only if we broke 1680 levels in the coming days and it sustains for one/two day. This is as per technical analysis on my views.
GOLD SPOT USD looks like selling pressure below 1700 if 1700 break and fall down wait for retest the 1700 for good selling pressure ABOVE 1730 We Wil get Buy Signal , If the retest fail after 1730 break then selling signal pressure comes
Gold is near to complete correction very soon but only after making new lows as per Elliott wave counts which are suggesting to go short now, on completion of wave 4 it can be an opportunity to buy at lower prices to ride possible start of wave 5 can make fresh impulsive moves of some lower degrees. Right now it is in sell mode only, and can slide south towards $...
Silver possible wave counts are still suggesting not to go long at these levels, this may correct more, be cautious. Possible Elliot wave counts on weekly time frame macd in weekly is negative Possible Elliot wave counts on daily time frame macd in daily Negative Possible Elliot wave counts on 4 hourly time frame macd in 4 hourly is still below zero...
Next session possibilities. Crude Oil Next Half Session 5PM 30august2022
Idea on base of closing point at ending session of today 29august2022.
News from Jackson Hole changed the sentiment of the markets overnight. Watch this video to know what Jackson Hole is and how it impacts the financial markets, from forex to equities and commodities too.
Oil has given the movement as expected in our previous chart we expect the oil to touch the box I have drawn from there onwards we start our buying in oil it can go further down. we are taking a stop loss of 65 but it is impossible to catch a falling market so we will start buying the movement it touches our zone TVC:USOIL
Breakout Level 8000 for 8PM I identified as per technical analysis.