A similar pattern can be seen in the Daily time frame as well. A basic estimate says that the target should be achieved by early November i.e. onset of Winter when the demand will begin to peak (common sense ;)). This looks likely until Russia opens up its heart (read supply).
Natural gas is given the Inverse Head and Shoulder pattern. Price broke out from the neck line and has retraced. This pattern will become more sustainable and powerful if we see another rally on the upside thereby confirming the greater chances of successful completion of the pattern. Fundamentally, natural gas prices are bound to go up given the shortage of it in...
Fundamental Development: Oil prices fell on Wednesday, taking a breather from a near 4% surge the previous day, on receding fears of an imminent output cut by the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+. Global benchmark Brent crude futures fell 40 cents, or 0.4%, to $99.82 a barrel, after rising 3.9% on Tuesday. The...
GOLD Buy Trade opportunity GOLD was retestest support and make a Bullish candle also retrace from Fibo 0.61 Level which is very important. Its a good opportunity for a long with very good risk-reward target point also mention in the chart Always trade with Stop Loss
FOREX GOLD XAUUSD LONG and SHORT support and resistance 23-08-2022 GOLD SIGNALS FOREX LEVELS TODAY TODAY GOLD LEVELS BUY SELL GOLD #forex #gold #xauusd #xauusdsignals #technicalanalysis Mercury Technicals is not an investment advisory service, or a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers...
Plot the the levels in your chart. Draw fib level from support and resistance . Please refer chart for fib level. Fib level range should be 9 am to 11:30 PM. If price crosses fib trendline(Dash line) will consider as upside break out. If price reject from there will consider to fall below. if one support or resistance line broken maximum target will be 1.272 or...
Brent crude oil has crossed the mark of 99 , since we know that the rise in oil prices leads to pressurization in paint prices, Asian paint looks weak though. enter as previous day low breaks for the target of 3281 and 3188. I am not sebi registered , you are responsible for your profits and losses.
Buy E.I.D. Parry Cmp - 401.6 Add More - 350-370 SL - 300 (Weekly Closing Basis) Target - 570/680
Plot the the levels in your chart. Draw fib level from support and resistance. Please refer previous day chart for fib level. Fib level range should be 9 am to 11:30 PM. If price crosses fib trendline(Dash line) will consider as upside break out. If price reject from there will consider to fall below. if one support or resistance line broken maximum target will...
NATURALGAS has almost completed wave B of wave 2, possibly next wave C is ready to start unfolding soon, which can be confirmed by breaking support trendline, which could be aa good trigger point, Once it breaks support trendline then it can slide towards south directions near $ 7.500 zones, where wave C can complete equality with wave A. Negative divergence in...
#USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...
#GOLD for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...
23-24 August will be the bottom on USOIL. Based on this time data and ofcourse the price action we have got I think this week will turn bullish on USOIL and we can see a good recovery coming!
XAUUSD SHORT BUY @ 1725-1730 TP 1800 SL 1720 1. Obay Strong FIBO Golden ration of 0.618 2. Respect support zone of 1725-1730 3. Due to sell pressure will retest the swing low of 1725 4. Dxy before reaching teh high of 109,00 will retest the previous low which tends gols to short term Buy
Cup and handle pattern foam bottem area..... Soo treack gold on daly time frame
USOIL 90.5$ Inverse HS can be seen in hrly chart... Staying above neckline can see more bullishness in this crude Vedang Chart is for study purpose only!!
Fundamental Development: Oil prices dipped on Friday after two days of gain, as market participants weighed worries about global economic slowdown - that could dampen fuel demand - against expectations of tighter supplies toward year-end. Brent crude futures fell 36 cents, or 0.4%, to $96.23 a barrel after settling 3.1% higher on Thursday. U.S. West Texas...
FOREX GOLD XAUUSD LONG and SHORT support and resistance 20-08-2022 GOLD SIGNALS FOREX LEVELS TODAY TODAY GOLD LEVELS BUY SELL GOLD #forex #gold #xauusd #xauusdsignals #technicalanalysis Mercury Technicals is not an investment advisory service, or a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers...