Crudeoil short term bullish if 54.58 taken out then 55.72 to 57.05 possible in three days. if 54.58 gets rejected then 50.66 downside possible and continuously will be bearish till 42 again.
Buy above 2.462 Sell below 2.297
Buy USOIL at CMP (52.45+) T1: 56 T2: 57.50 T3: 59 SL: 50.55
Accumulation is over and now markup is on the way , you can buy after some fall or consolidation
Gold consolidated after huge gains in yet another another big week with range of over $38 with actual movement of less than a dollar. Such a move created an indecisive candlestick or a spinning top which is par on course as next week contains very important event of – “Fed’s interest rate decision” which will shape the future path of gold. The fundamentals remain...
Crudeoil is trading at support of pitchfork line. Also CCI has shown positive divergence with cross over about last peak + above -100 line.It can run upward towards the pitchfork resistance line provided $ 50 is held on closing basis. Also, it is trading near the 61.8% retracement of entire rally. We can also see that how negative divergence on top ,supported by...
The shiny metal went past the 1355 level on friday and on the same day reverted back to end the day on a negative note, which indicated that the buyers ran out of steam. Today, the prices breached the immediate intra - day support of 1337.88, which further supports the bears. Moreover, on daily basis, the prices are showing divergence with the RSI indicators,...
Trendline support has now become resistance. White metal is trading at 78.6% support level which is $13.75. $ 17 would act as major supply zone which needs to be broken decisively on closing basis for change in the overall bearish to sideways trend.
SHORT MCX CRUDEOIL ........ STOP LOSS OR TARGET .COMMENT ME
long for today or tomorrow / for stop loss and target comment me MCX Crudeoil Long 3640 / for stop loss and target comment me
Gold posted massive gains of $35 in the week which was having a range of $43 making it the biggest week of 2019 and the highest weekly gain in last 3 years. Gold zoomed towards the highs in the fear fueled rally assisted by a near certainty of a rate cut by the Fed later this month due to appalling data which signaled intensive slowdown. The resistances were taken...