1- crude is here near around it's trend-line .. 2- Crude Oil is above it's 50MA 3- RSI and price action showing us positive divergence .. You may go long from here with Stop-loss of 50MA
Midterm forecast: While the price is below the resistance 66.50, beginning of downtrend is expected. We make sure when the support at 55.20 breaks. If the resistance at 66.50 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: The RSI uptrend #1 is broken, so the probability of beginning of downtrend is increased. A...
Here is what i feel gold can do lets hope for best
Gold is in big bear market and i am giving you an idea and a prediction of what could happen next. exit condition = breaking ema 21 or 1330+ area and just wait for an update. Big bear has not been played out yet
Its highly expected Spot Gold ( OANDA:XAUUSD ) to go further down. We can trade this as normal with 1:3. GOOD LUCK. Always maintain your risk as Shorting Gold is always kinda a risk.
Hello Traders & Investors,!! Here i m Sharing my #GOLD #Xaususd Prediction about Long Gold for Investment view and short Term to Mid term Trading Idea Gold Break all resistance today and Trading now $1298 Holding Major Support Constantly $1275 Now we Can Enter long If close above $1300 Then 1st Target will be $1345---$1368 once close above $1368 we can reach...
Gold prices kept falling in the channel, Today focus on the NFP deta, Suggest that investors remain short in high, Or Sell Limit at 1276-1278, TP 1260 SL 1290 Follow Me! Show U The Money! --------------------------------Ronnie 2019.05.03 in
Oil prices remain volatile, It takes patience to wait for trading opportunities, The future trading method is shown in the figure. Follow Me ! Show U The Money ! -------------------------------Ronnie 2019.05.01 in
Gold made a new low before settling near the highs for the week. Again it was a $20-$22 ranged week where gold posted gains of $13 which can be considered as a retracement from the lows as prevailing situations did not alter much to enable a shift in the trend. The week has important fundamental events with the spotlight on Fed’s interest rate decision which will...
Midterm forecast: While the price is below the resistance 66.50, beginning of downtrend is expected. We make sure when the support at 55.20 breaks. If the resistance at 66.50 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: The RSI uptrend #1 is broken, so the probability of beginning of downtrend is increased. A...
CRUDE HAS TRAVELED TO BUY TREND WITHOUT ANY RETRACEMENT FROM DECEMBER MONTH. SO THERE WILL BE A CORRECTION OF 500 POINTS AS TARGET 1 & 1000 POINTS HAS TARGET 2
Silver is trading near the support of Golden Ratio (61.8%). Silver had faced hurdle at $ 14.60-15 range when it posted bottom at $ 13.89. It has now become support zone.White metal has bounced from 61.8% retracement of rally from $13.89 to $16.21 which is $14.78. Resistance on higher side is at $ 15.12 and $15.40. ROC and Stochastic are showing positive divergence...
Stay cautious with longs and sell only when their is a breakout on lowerside breakout.
Gold continued its downtrend falling $15 in the week which again was a $20-$22 ranged one. The fresh decline raises the bar for further downside as technical support of a pattern gave way which was also retested it the week itself allowing it to become an immediate resistance for the price going ahead. Fundamental news keep coming out and last week saw the...
Trading suggestion: . There is a possibility of temporary retracement to resistance support line (1280.90). 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. . Price is below WEMA21, if price rises more, this line can act...