Gold price seesaws around the top line of a five-month-old bullish channel, recently supported by the 10-day EMA. It’s worth noting, however, that the smaller gap towards the north joins descending RSI (14) line and easing bullish bias of the MACD signals to keep XAUUSD sellers hopeful. However, a clear downside break of the 10-day EMA, around $1,955 by the press...
chart is in downtrend, so my view is bearish, entry and exits are mentioned on chart.
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles). (Color code for Support & Resistance zones: Red - Sell, Green -...
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles). (Color code for Support & Resistance zones: Red - Sell, Green -...
CRUDE OIL :- Price is re testing the sideways zone, this is the first retest, in the matter of my opinion, We can take a trade at this price point. we can clearly see the short setup.
crude nxt eys on 71.55 or mcx 5955 sustain abv up side only till 6000-6060+++ its views onlyyyy
sell crude sl hit close call- sold gvn 5820-40 as interday bear candel expect
sell crude 5820--40 sl 5859 strict tgt 5766-5730 yes should take chance making bear candel small sl only or let seee
Core Durable Goods Orders Favor gold to bullish. Monday will do fresh analysis.
OANDA:XAUUSD XAUUSD Gold has given a consolidation breakout and if the breakout candle closes well we can plan for selling side, if it takes retest we can go for short.. plan your trade accordingly....
Supply increased in MCX:CRUDEOILMJ2023 . Going short at 5777, my stop loss for short at 5902.
Gold teased bears earlier in the week by defying the bullish channel but the follow-on bounce off the $1,934-36 zone renewed buying interest in the yellow metal. However, a clear upside break of $2,000 becomes necessary for the XAUUSD buyers for conviction. Also acting as an upside filter is the aforementioned channel’s lower line, close to $2,011 at the latest....
Future contract of MCX:CRUDEOILMJ2023 looks bullish as of now, going long at the current market price of 5817, my stop loss is at 5782 and target at 5902.
XAGUSD HEAD and Shoulder pattern observed . Expecting breakout from the current level and test the resistance level at 24 and 26. Need some news or event to go higher with good volume till we don't receive the news or any event occur till the time we are gonna consolidate at the current level . Follow for more :)
Hi Ng 163 stop lose 186 entry Target 232 Best buy now Hi every one
Stop lose 2 Target 3.1 1 jem 2 risk reward sure shot Hi every one natural gas
NG on hourly timeframe giving bearish signal ...it seems to bee a rising wedge breakdown
Let's do a multi time frame analysis of Crude chart. On monthly time frame Crude seems to be running in a parallel channel, except that it has given two outliers outside it. It first broke down the channel during Covid to make a new low and then during Ukraine Russia crisis it broke out of the channel to make a new high. On weekly time frame, crude made a...